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Chalkboard Quiz: Did You Cheer or Jeer on These Obama, Hillary and Trump Issues?

Where do you stand on the bombshell report from the Washington Post that Trump leaked classified intel to the Russians? If true, was it treason? Should he me impeached or step down? Does it even matter if Trump is or isn't qualified to handle sensitive information?

RELATED: Should Mike Pence Ask for the Resignation of the President If Trump Was Negligent?

In analyzing the report, Glenn first asked a series of important, revealing questions. How would you answer?

Enjoy this complimentary or read the transcript for details.

GLENN: All right. Let me talk about the Washington Post. And let me just say, the media and the DNC are celebrating today because they smell blood in the water. And they think this is going to take Donald Trump out. And indeed, it might.

Those on the G.O.P. side and the -- let me put a category out there, the always Trumpers, the ones where Donald Trump could shoot somebody on Fifth Avenue and they would still be for him, they would still say, "Well, Hillary Clinton." I don't care about Hillary Clinton.

Those people are also not even willing to listen to what the Washington Post actually is saying. They're going -- they're going to read the stories that are combating the Washington Post story without actually reading the original source.

Imagine -- imagine reading the -- the -- all of the professors talking about how bad the Constitution is or how bad the Declaration of Independence is, without actually reading either one of those. Do you think you would get the truth?

You can't argue a story unless you've read the original source. So we did. Last hour, I spent the time to go over the original source, the Washington Post, and to go over the audio of the Trump White House response.

Let me break this down to you: There's some questions that we have to ask ourselves first. For instance, one of the questions we have to ask ourselves: Did you cheer or jeer when President Obama said the 1980s want their policy back?

I, for one, I cheered. Remember, Mitt Romney said, "I cheered." When Mitt Romney said, you know, I want this -- you know, the biggest geopolitical foe of ours is Russia, I cheered. And when Obama said this...

OBAMA: Governor Romney, I'm glad you recognize that al-Qaeda is a threat. Because a few months ago when you were asked what's the biggest geopolitical threat facing America, you said Russia. Not al-Qaeda. You said Russia. In the 1980s or now, calling to ask for their foreign policy back.

(chuckling)

GLENN: So were you happy? Yes or no? I was not happy with President Obama. And nobody in this audience was happy with President Obama. The mainstream media and the Democratic Party, yes, they were. They thought that was great. They denied that Russia was a threat. We didn't.

Next question. Did you say anything like Hillary shouldn't be around classified information? She's not qualified to be around classified information if she doesn't understand how to use classified information. How did you feel?

VOICE: Although we did not find clear evidence that Secretary Clinton or her colleagues intended to violate laws governing the handling of classified information, there is evidence that they were extremely careless in their handling of very sensitive, highly classified information.

GLENN: Okay. "Intended" was the word there.

Okay. So let's just -- when Hillary Clinton -- when people said Hillary Clinton isn't qualified to be around classified information, if she handle it this way, she can't be the president of the United States. I agreed with that. I said, yes. The mainstream media said no.

Did you think that it -- by the way -- and we could go deeper on that. Just the word "intended." Did you think it was right that the mainstream media went and -- our investigators went in and said, "Well, what's her intent?"

No, we said, "What's the law?" Not what's your intent? What's the law?

Did you think it was treason or, you know, on the road -- did you say, "This guy is out of control, "when this moment happened with President Obama?

(inaudible)

GLENN: Okay. Remember this? The mic was on. And everybody on the right had a cow because he put his name -- he put his hand on the knee of Medvedev and said, "Look, this is my last election. I'll have more flexibility after the election." Yes, transmit to Vladimir.

And we all said, "Vladimir!" You're -- you're -- you're saying you'll transmit this to Vladimir? Did you think that that was on the road to treason? I didn't think it was treason, but I certainly highly questioned it. I questioned it. The mainstream media and the DNC did not.

Now, what does this tell you? This tells you that we have switched places. Because now -- now we're the ones -- when I say "we," the right -- we're the ones saying, "Yeah, the 1980s want their policy back. Don't you understand?" The Republicans -- the Republicans are saying, "The Russians are our friends." And the Democrats -- the Democrats, the people who have never been against Russia, even when it was the Soviet Union, we're the ones now saying -- we're the ones saying, "It doesn't matter. And that's not what he intended. And, yes, maybe he leaked a little classified information to the Russians." And it's the Democrats saying, "He's not qualified to be president if he doesn't know how to handle sensitive information."

Is it treason when Obama said, "I need more time. Transmit to Vladimir?" The Democrats now have a problem with talking to the Russians. And Donald Trump is saying, "I'm just -- I'm just talking to the Russians." So we've switched sides.

Now, in 2011, I showed you a chalkboard that said, "The left, the communists, the fascists, the anarchists, and the Islamists will work together to cause chaos and destabilize the Middle East, Europe, and the western world." Can we all agree that a lot of that is happening right now?

They're not plotting. I've said back in 2011. It's not that they're all working together to -- to plot and say, "Oh -- okay. You do this. And then I'm going to do that." But they are seeing mutually beneficial opportunities. And they each think that they're going to destroy the other one in the end, but they have a common enemy: The United States. And so what are they doing? They're causing chaos.

Before I get fully into the Washington Post, let me talk a little bit about chaos. Because chaos is exactly what we're feeling right now. This is the underlying problem in America.

It is chaos in everything we do. Because we've disrupted everything.

Stu, how many genders are there?

STU: The two.

GLENN: Thank you.

JEFFY: What?

GLENN: Thank you. Two.

PAT: Why the hate?

JEFFY: Thank you.

PAT: Why?

JEFFY: Thank you.

PAT: Why the hate?

GLENN: Listen to what's happening here. Even in jokes, when I ask that question, there are people all across going, I don't know. Is the number up to 92 now?

JEFFY: It might even be more.

GLENN: It might even be more. I know it was 82. And then I thought I saw 92, but I'm not sure anymore. Two is the answer. Two genders is the answer.

Now, if you want to change that, good, then you can change that. But you have to build a case over time. Otherwise, it causes confusion, otherwise known as chaos.

If I hold my finger up like a gun, is that dangerous?

JEFFY: Whoa, whoa.

GLENN: No. Well, yes.

PAT: Yeah, it's a lookalike firearm.

JEFFY: Thank you.

GLENN: Yeah. What is that doing? It's causing chaos. We can't trust the president. We can't trust the media. We can't trust our police. We can't trust our schools. What is that causing? Chaos.

Everything that we're doing, even those things that we do with good intent, is causing chaos. It is causing us to question everything. Even in a game of tag, you have home. Just get home. Go to home base. Let me take you home.

Do you understand your home? Do you understand what's going on? Do you understand your kid's homework? Do you understand Common Core, as you're trying to help them out? How about, do you understand what they're even saying online? Do you understand what's going on online? Do you feel comfortable that your kids and your family is safe from the outside influences, even in your own home? Because I don't.

I feel like we're keeping chaos at bay. Do you remember -- do you remember what I talked about when I talked about the Twelfth Imam. The Twelfth Imam will return.

Now, he is, according to Twelvers, and you don't have to believe this. You just have to believe that they do. The people in Iran, some of them, the ones that are in charge, believe in something called the Twelfth Imam. The Twelfth Imam is going to crawl out of a well at a time of great bloodshed when the world is washed with blood. And the way to get him to hasten the return of the promised one is to create chaos.

Let me hasten the return of the promised one. Well, that -- if you look at their holy scriptures and what they believe and you look at our holy scriptures and what we believe, in the book of Revelation and you invert them -- if you take -- if you take the Twelfth Imam's scriptures of the prophecy of the end time and you read them, you're reading the inverse of book of Revelations. You're reading the manual of the bad guy.

The bad guy -- it's almost as if they took the Book of Revelation -- and you could make a case that it wasn't prophecy. That that's what they did. I don't know. But you could make the case that they just took it and just said, "We're going to screw with those Christians. We're going to be the bad guys."

And that is caused by chaos. So the people in the Middle East have reason for chaos. Russia, as we have told you, one of the main advisers to Putin. His symbol of his political party is the ancient symbol of chaos.

So now, how do we reduce chaos? On this particular story, how is it we are to behave? What will get us through this story? How can we understand this story? How can we make sense of this story? How can we make -- how can we move forward with this story?

It's not that hard. And I'll give that to you. And how the media is also missing a greater point on what they exposed over the weekend.

Give you that coming up in a second. First, this.

TV

The Globalist Elites' Dystopian Plan for YOUR Future | Glenn Beck Chalkboard Breakdown

There are competing visions for the future of America which are currently in totally different directions. If the globalist elites have their way, the United States will slide into a mass surveillance technocracy where freedoms are eroded and control is fully centralized. Glenn Beck heads to the chalkboard to break down exactly what their goal is and why we need to hold the line against these ominous forces.

Watch the FULL Episode HERE: Dark Future: Uncovering the Great Reset’s TERRIFYING Next Phase

RADIO

Barack & Michelle tried to END divorce rumors. It DIDN'T go well

Former president Barack Obama recently joined his wife Michelle Obama and her brother on their podcast to finally put the divorce rumors to rest … but it didn’t exactly work. Glenn Beck and Pat Gray review the awkward footage, including a kiss that could compete for “most awkward TV kiss in history.”

Transcript

Below is a rush transcript that may contain errors

GLENN: Now, let me -- let me take you to some place. I think kind of entertaining.

Michelle Obama has a podcast. Who knew?

She does it with her brother. Who knew? It's -- you know, I mean, it's so -- it's a podcast with two brothers. Right?

And -- and it -- they wanted to address the rumors, that they're getting a divorce. And this thing seems so staged.

I want you to -- listen to this awkward exchange on the podcast.

Cut one please.

VOICE: Wait, you guys like each other.

MICHELLE: Oh, yeah. The rumor mill. It's my husband, y'all! Now, don't start.

OBAMA: It's good to be back. It was touch-and-go for a while.

VOICE: It's so nice to have you both in the same room today.

OBAMA: I know. I know.

MICHELLE: I know, because when we aren't, folks things we're divorced. There hasn't been one moment in our marriage, where I thought about quitting my man.

And we've had some really hard times. We've had a lot of fun times. A lot of adventures. And I have become a better person because of the man I'm married to.

VOICE: Okay. Don't make me cry.

PAT: Aw.

GLENN: I believed her. Now, this is just so hokey.

VOICE: And welcome to IMO.

MICHELLE: Get you all teared up. See, but this is why I can't -- see, you can take the hard stuff, but when I start talking about the sweet stuff, you're like, stop. No, I can't do it.

VOICE: I love it. I'm enjoying it.

MICHELLE: But thank you, honey, for being on our show. Thank you for making the time. We had a great --

VOICE: Of course, I've been listening.

PAT: What? No!

GLENN: They're not doing good. They're not doing good.

Okay. And then there was this at the beginning. And some people say, this was very awkward. Some people say, no. It was very nice.

When he walks in the room, he gives her a hug and a kiss. Watch.

Gives her a little peck on the cheek.

PAT: Uh-huh. Uh-huh.

GLENN: Does that --

PAT: Does that look like they're totally into each other?

GLENN: Well, I give my wife a peck on the cheek, if she walks into a room.

PAT: Do you? If you haven't seen her in months and it seems like they haven't, would you kiss her on the cheek? Probably not.

GLENN: No, that's a little different. That would be a little different. But I wouldn't make our first seeing of each other on television.

PAT: Yeah, right, that's true. That's true.

GLENN: But, you know, in listening to the staff talk about this. And they were like, it was a really uncomfortable -- okay.

Well, maybe.

PAT: I think it was a little uncomfortable.

GLENN: It was a little uncomfortable.

It's still, maybe. Maybe.

But I don't think that rivals -- and I can't decide which is the worst, most uncomfortable kiss.

Let me roll you back into the time machine, to Michael Jackson and Lisa Marie Presley. Do you remember this kiss?
(applauding)

GLENN: He turns away, immediately away from the camera. Because he's like.

PAT: He was about to vomit. Yeah.

GLENN: It was so awkward. When that happened, all of us went, oh, my gosh. He has only kissed little boys. What are we doing? What is happening?

He doesn't like women, what is happening?

And then there's the other one that sticks out in my mind of -- and I'm not sure which is worse. The Lisa Marie or the Tipper in Al Gore.

VOICE: The kiss. The famous exchange during the 2000 democratic convention was to some lovely, to others icky.
(laughter)

GLENN: That's an ABC reporter. To some lovely, others icky.

And it really was. And it was -- I believe his global warming stuff more than that kiss.
(laughter)
And you know where I stand on global warming.

That was the most awkward kiss I think ever on television!

PAT: Yeah. It was pretty bad. Pretty bad.

GLENN: Yeah. Yeah.

So when people who are, you know -- these youngsters.

These days. They look at Barack and Michelle. They're like, that was an awkward kiss.

Don't even start with me.

We knew when we were kids, what awkward kisses were like.

PAT: The other awkward thing about that.

She claims, there was not been one moment in their marriage.

Where she's considered reeving him.

GLENN: Yeah.

PAT: She just said a while ago. A month or a year ago, she hated his guts for ten years. She hated it.

GLENN: Yeah. But that doesn't mean you'll give up.

PAT: I guess not. I guess not. Maybe you enjoy being miserable.

I don't know.

GLENN: No. I have to tell you the truth.

My grandmother when I got a divorce, just busted me up forever. I call her up, and I said, on my first marriage.

Grandma, we're getting a divorce.

And my sweet little 80-year-old grandmother, who never said a bad thing in her life said, excuse me?

And I said, what?

We're getting a divorce.

And she said, how dare you.

I said, what's happening. And she said, I really thought you would be the one that would understand. Out of everybody in this family, I thought you would understand.

And I said, what?

And she said, this just -- this just crushed me when she said it.

Do you think your grandfather and I liked each other all these years? I was like, well, yeah.

PAT: Wow.

GLENN: Kind of. And she said, we loved each other. But we didn't always like each other. And there were times that we were so mad at each other.

PAT: Yeah. Yeah. Uh-huh.

STU: But we knew one thing: Marriage lasts until death!

PAT: Did she know your first wife?

GLENN: Okay. All right. That's just not necessary.

RADIO

No, Trump’s tariffs ARE NOT causing inflation

The media is insisting that President Trump's tariffs caused a rise in inflation for June. But Our Republic president Justin Haskins joins Glenn to debunk this theory and present another for where inflation is really coming from.

Transcript

Below is a rush transcript that may contain errors

GLENN: Justin Haskins is here. He is the president of Our Republic. And the editor-in-chief of stoppingsocialism.com.

He is also the coauthor with me at the Great Reset, Dark Future, and Propaganda War.

So, in other words, I'm saying, he doesn't have a lot of credibility. But he is here to report -- I don't even think you're -- you're -- you were wrong on this, too, with the tariffs. Right?

JUSTIN: Well, at some point, I was wrong about everything.

GLENN: Yeah, right. We are all on the road to being right.

But this is coming as a shock. You called yesterday, and you said, Glenn, I think the tariff thing -- I think the president might be right.

And this is something I told him, if I'm wrong. I will admit that I'm wrong.

But I don't think I'm wrong.

Because this goes against everything the economists have said, forever.

That tariffs don't work.

They increase inflation.

It's going to cost us more.

All of these things. You have been study this now for a while, to come up with the right answer, no matter where it fell.

Tell me what's going on.

JUSTIN: Okay. So the most recent inflation data that came out from the government, shows that in June, prices went up 2.7 percent. In May, they went up 2.4 percent. That's compared to a year prior. And most people are saying, well, this is proof that the tariffs are causing inflation.

GLENN: Wait. That inflation is -- the target is -- the target is two -- I'm sorry.

We're not. I mean, when I was saying, it was going to cause inflation. I thought we could be up to 5 percent.

But, anyway, go ahead.

JUSTIN: So the really incredible thing though. The more you look at the numbers. The more obvious it is, that this does not prove inflation at all.

For starters, these numbers are lower, than what the numbers were in December and January.

Before Trump was president. And before we had any talk of tariffs at all.

So that is a big red flag right at the very beginning. When you dive even deeper into the numbers, what you see is there's all kinds of parts of the Consumer Price Index that tracks specific industries, or kinds of goods and services. That should be showing inflation, if inflation is being caused by tariffs, but isn't.

So, for example, clothing and apparel. Ninety-seven percent, basically.

About 97 percent according to one report, of clothing and apparel comes overseas, imported into the United States.

GLENN: Correct.

JUSTIN: So prices for apparel and clothing should be going up. And they're not going up, according to the data, they're actually going down, compared to what they were a year ago. Same thing is true with new vehicles.

Obviously, there were huge tariffs put on foreign vehicles, not on domestic vehicles. So it's a little bit more mixed.

But new vehicle price are his staying basically flat. They haven't gone up at all. Even though, there's a 25 percent tariff on imported cars and car parts. And then we just look at the overall import prices. You just -- sort of the index. Which the government tracks.

What we're seeing is that prices are basically staying the same, from what they were a year ago.

There's very, very little movement overall.

GLENN: Okay. So wait. Wait. Wait. Wait.

Wait.

Let me just -- let me just make something career.

Somebody is eating the tariffs. And it appears to be the companies that are making these things. Which is what Donald Trump said. And then, the -- you know, the economist always saying, well, they're just going to pass this on in the price.

Well, they have to. They have to get this money some place.

So where are they?

Is it possible they're just doing this right now, to get past. Because they know if they jack up their price, you know, they won't be able to sell anything. What is happening?

How is this money, being coughed up by the companies, and not passed on to the consumer.

JUSTIN: Yeah, it could be happening. I think the most likely scenario, is that they are passing it along to consumers. They're just not passing it along to American consumers.

In other words, they're raising prices elsewhere. To try to protect the competitiveness with the American market. Because the American market is the most important consumer market in the world.

And they probably don't want to piss off Donald Trump either, in jacking up prices. And then potentially having tariffs go up even more, as a punishment for doing that.

Because that's a real option.

And so I think that's what's happening right now.

Now, it's possible, that we are going to see a huge increase in inflation. In six months!

That's entirely possible.

We don't know what's going to happen. But as of right now, all the data is suggesting that recent inflation is not coming from consumer goods being imported, or anything like that.

That's not where the inflation is coming.

Instead, it's coming from housing.

That's part of the CPI at that time.

Housing is the cause of inflation right now.

GLENN: Wait. Wait. It's not housing, is it?

Because the things to make houses is not going through the roof. Pardon the pun. Right?

It's not building.

JUSTIN: No. No. The way the CPI calculates housing is really stupid. They look basically primarily at rent. That's the primary way, they determine housing prices.

GLENN: Okay.

JUSTIN: That so on they're not talking about housing costs to build a new house.

Or housing prices to buy a new house.

They are talking about rent.

And then they try to use rent data, as a way of calculating how much you would have to pay if you owned a house, but you had to rent the same kind of house.

And that's how they come up with this category.

GLENN: Can I ask you a question: Is everybody in Washington, are they all retarded?
(laughter)
Because I don't. What the hell. Who is coming up with that formula?

JUSTIN: Look. I mean, sort of underlying this whole conversation, as you -- as you and I know, Glenn.

And Pat too. The CPI is a joke to begin with.

GLENN: Right.

JUSTIN: So there's all kinds of problems with this system, to begin with.

I mean, come on!

GLENN: Okay. So because I promised the president, if I was wrong, and I had the data that I was wrong, I would tell him.

Do I have to -- out of all the days to do this.

Do I have to call him today, to do that?

Are we still -- are we still looking at this, going, well, maybe?

JUSTIN: I think there's -- I think there is a really solid argument that you don't need to make the phone call.

GLENN: Oh, thank God. Today is not the day to call Donald Trump. Today is not the day.

Yeah. All right.

JUSTIN: And the reason why is, we need -- we probably do need more data over a longer period of time, to see if corporations are doing something.

In order to try to push these cuts off into the future, for some reason. Maybe in the hopes that the tariffs go down. Or maybe -- you know, it's all sorts of ways, they could play with it, to try to avoid paying those costs today.

It's possible, that's what's going on.

But as of right now, that's not at all, what is happening. As far as I can tell from the data.

GLENN: But isn't the other side of this, because everybody else said, oh. It's not going to pay for anything.

Didn't we last month have the first surplus since, I don't know. Abraham Lincoln.

JUSTIN: Yes. Yes. We did. I don't know how long that surplus will last us.

GLENN: Yeah. But we had one month.

I don't think I've ever heard that before in my lifetime. Hey, United States had a surplus.

JUSTIN: I looked it up.

I think it was like 20 something years ago, was the last time that happened. If I remembered right.

It was 20 something years ago.

So this is incredible, really.

And if it works.

You and I talked about this before.

I actually think there is an argument to be made. That this whole strategy could work, if American manufacturers can dramatically bring down their costs. To produce goods and services.

So that they can be competitive.

And I think that advancements in artificial intelligence. In automation. Is going to open up the door to that being a reality.

And if you listen to the Trump administration talk. People like Howard Lutnick, Secretary of Commerce. They have said, this is the plan.

The plan is, go all in on artificial intelligence.

Automation. That's going to make us competitive with manufacturers overseas. China is already doing that.

They're already automating their factories. They lead the world in automation.

GLENN: Yeah, but they can take half their population, put them up in a plane, and then crash it into the side of the mountain.

They don't care.

What happens to the people that now don't have a job here? How do they afford the clothes that are now much, much cheaper?

JUSTIN: Well, I think the answer to that is, there's going to be significantly more wealth. Trillions of dollars that we send overseas, every year, now in the American economy. And that's going to go into other things. It's not as though -- when this technology comes along, it is not as though people lose their jobs, and that's it. People sit on their couch forever.

The real danger here is not that new markets will not arrive in that situation. And jobs with it. The problem is: I think there's a real opportunity here. And I think this is going to be the fight of the next election, potentially. Presidential election. And going forward.

Next, ten, 20 years. This is going to be a huge issue. Democrats are going to have the opportunity, when the AI revolution goes into full force. They will have the opportunity like they've never had before.

To say, you know what, we'll take care of you. Don't worry about it.

We're just going to take all of the corporate money and all of the rich people's money.

And we will print trillions of dollars more. And you can sit on your couch forever. And we will just pay you. Because this whole system is rigged, and it's unfair, and you don't have a job anymore because of AI. And there's nothing you can do. You can't compete with AI. AI is smarter than you.

You have no hope.

I think that's coming, and it is going to be really hard for free market people to fight back against that.

GLENN: Yes.

Well, I tend to agree with you.

Because the -- you know, I thought about this.

I war gamed this, probably in 2006.

I'm thinking, okay.

If -- if the tech is going to grow and grow and grow. And they will start being -- they will be responsible for taking the jobs.

They won't be real on popular.

So they will need some people that will allow them to stay in business, and to protect them.

So they're going to need to be in with the politicians.

And if the politicians are overseeing the -- the decrease of jobs, they're going to need the -- the PR arm of things like social media. And what it can be done.

What can be done now.

I was thinking, at the time. Google can do.

But they need each other.

They must have one another. And unless we have a stronger foundation, and a very clear direction, and I will tell you. The president disagrees with me on this.

I said, he's going to be remembered as the transformational AI president.

And he said, I think you're wrong on that.

And I don't think I am.

This -- this -- this time period is going to be remembered for transformation.

And he is transforming the world. But the one that will make the lasting difference will be power and AI.

Agree with that or disagree?

JUSTIN: 1,000 percent. 1,000 percent. This is by far the most important thing that is happening in his administration in the long run. You're projecting out ten, 20, 30 years ago years.

They will be talking about this moment in history, a thousand years from now. Like, that will -- and they will -- and if America becomes the epicenter of this new technology, they will be talking about it, a thousand years from now, about how Americans were the ones that really developed this.

That they're the ones that promoted it, that they're the ones that does took advantage of it.
That's why this AI race with China is so important that we win it.

It's one of the reasons why. And I do think it's a defining moment for his presidency. Of course, the problem with all of this is AI could kill us all. You have to weigh that in.

GLENN: Yeah. Right. Right.

Well, we hope you're wrong on that one.

And I'm wrong on it as well. Justin, thank you so much.

Thank you for giving me the out, where I don't have to call him today. But I might have to call him soon. Thanks, Justin. I appreciate it.

TV

The ONLY Trump/Epstein Files Theories That Make Sense | Glenn TV | Ep 445

Is the case closed on Jeffrey Epstein and Russiagate? Maybe not. Glenn Beck pulls the thread on the story and its far-reaching implications that could expose a web of scandals and lead to a complete implosion of trust. Glenn lays out five theories that could explain Trump’s frustration over the Epstein files and why Glenn may never talk about the Epstein case again. Plus, Glenn connects the dots between the Russiagate hoax, the Hunter Biden laptop cover-up, and the Steele dossier related to the FBI’s new “grand conspiracy” probe. It all leads to one James Bond-like villain: former CIA Director John Brennan. Then, Bryan Dean Wright, former CIA operations officer, tells Glenn why he believes his former boss Brennan belongs in prison and what must happen to prevent a full-blown trust implosion in American institutions.