Better a Year Early Than a Day Too Late: Preparation Only Has Value in Advance

He who hesitates is lost. ---proverb

Change, especially a collapse scenario, often happens quite fast. So fast that there's little to no time to react in the short frenzy between "before" and "after".

This is true throughout nature. Glaciers that took millennia to form calve off into the sea in a matter of moments. Old-growth forests filled with thousand-year-old trees can be decimated by a single wildfire. The bubonic plague "Black Death" pandemic of the Middle Ages killed one-third of the Earth's human population over just four short years.

Fast change is also a hallmark of human society. Movements and ideas -- oftentimes simmering for years, decades or longer -- suddenly reach a critical state in which the populace is swept up into history-making action. The outbreak of World War I. The Civil Rights movement. The dissolution of the USSR. The Digital Age.

When it comes, change happens swiftly. And life after -- for better or worse -- is forever different.

I've witnessed this time and time again since co-founding PeakProsperity.com. And in pretty much every instance, I notice that the vast majority of people -- including even many of the the watchful and preparation-minded folks who read this site -- are caught by surprise.

Fukushima

A good example of this was the disaster at the Fukushima Daiichi nuclear power plant in March of 2011. Of course, no one could have foretold the timing and scale of the tsunami, and virtually nobody expected that it could overwhelm the facility as spectacularly as it did. So in the immediate aftermath of the plant's failure, the world looked on in sympathy, not fear.

But on March 12th, that changed as the first of several hydrogen explosions was observed among the reactors. And then my phone rang.

It was Chris, my co-founder here at PeakProsperity.com. "I don't know exactly what that was, but it wasn't good", he said. Based on his background in the sciences, his strong assessment was that the situation at the plant was much more serious than was being publicly admitted to.

Since I live on the west coast here in the US, he advised me to consider getting a radiation detection/contamination protection kit -- "just in case". While we both hoped it wouldn't come to that, I quickly heeded the advice. I placed an order for a kit as well as a shipment of iodine tablets.

I was very lucky to have done so. Because just a few short hours later, as the world woke up to the worsening situation at Fukushima, anything related to radioactive contamination was sold out across the US. For months. The supply chain for that stuff was miniscule compared to the demand of a panicked nation.

If you were late to game -- and pretty much EVERYBODY but the extreme early-birds like me was -- you were out of luck. And vulnerable.

Now, thankfully, as horrible as the on-going crisis there still is (it's five years later and the radioactive fuel that melted through containment still remains in a molten state), the worst-case scenario didn't materialize.

But I still keep my contamination kit handy. More than anything else as a reminder of how fast things can change. And of the outsized value of early action.

Oroville Dam

More recently, we saw a similarly swift devolution of events at California's Oroville Dam this year. The west coast had suffered an especially wet winter, and an arrival of a Pineapple Express in February didn't help the situation.

California residents were focused on flooding and mudslides in the usual places -- no one had any inkling that there was risk of larger infrastructure failures, let alone one at the tallest dam in the US. And, as the water levels rose at the Oroville Dam, the communication from state authorities was "All is fine. All is under control. There's nothing to worry about" -- until suddenly a mass evacuation of over 200,000 residents living downstream was ordered.

Not surprisingly, the subsequent panicked scramble resulted in tremendous traffic jams, slowing down the evacuation to a snail's pace. Residents had no time to prepare, buy supplies (if there were enough in their area to purchase), or line up a safe destination they could head for. They just had to grab what they could and flee as best they were able.

Again, everything appeared fine right up until the tipping point. Those with the foresight beforehand to pack a to-go bag, arrange a bug-out crash pad -- or better yet -- leave for a safer location until the waters stopped rising, fared much better than the herd who waited.

2008 Financial Crisis

On a more economic note, I've pointed out in a number of past articles how quickly things went south during the 2008 financial crisis. Even pundits like Chris and I, who warned for years it was very likely coming, were still shocked by how viciously it struck.

Most folks have preferred to forget how quickly the bubble popped. Between September and October, the S&P 500 lost one-third of its value. Poof!

Of course, the S&P then continued falling through March, ending at over 50% lower than its pre-crisis high. Millions of jobs were lost over these months. And the prices of other major assets from houses to bonds were savaged, too.

It all happened so quickly that most investors and homeowners were simply overwhelmed by the shock. Unsure what to do, they simply watched the price of their assets continue to fall -- praying for the carnage to end.

Timing Isn't Everything. Positioning Is.

They say that Timing is everything. I disagree.

Trying to time disruptive events is a fool's errand. In the years I've been involved in running this business, I've seen too many people make big bets (portfolio allocation, geographic relocation, job change, etc) because they were rock-solidly convinced a major change event was 'imminent'. Most of those folks eventually regretted the cost of their haste as the status quo muddled on much longer than they'd expected.

Anyone who predicts with exactitude about the when of future events is deluding either you or themselves. More likely, both.

BUT, we can predict the what (i.e., what will happen) with much greater precision. And that's where advantage can be gained.

For instance, many of those paying attention in the years leading up to 2008 had arrived at the conclusion that bad policies and overly-loose lending standards had resulted in mal-investment on such a grand scale that a massive clearing event was inevitable. Did they know the date of the tipping point? No. But they knew the probability for a major financial crisis increased with each year.

Those who positioned themselves -- prudently -- in advance avoided the losses that everyone else took. As The Big Short detailed, some were even able to profit wildly from their foresight (though admittedly, this was just a rarified few).

The adjective "prudently" is important here, because here at PeakProsperity.com we emphasize risk management, not speculation. Our goal is to maximize our odds for prospering no matter which future outcome arrives. Yes, the intent is to enjoy the best (risk-adjusted) return in building our wealth as possible. But it's important to understand that sometimes 'prospering' simply means losing less than we would have otherwise, should events go against our expectations.

So for those looking to protect and growth their wealth, our advice is to focus on the positioning for highly-predictable events rather than their timing

This is the same logic underlying an insurance policy. Illness/injury, car accidents, house fires -- the timing of these, if they happen at all, is unknowable. But should they happen, insurance only has value to you if you procured it in advance.

The exact same is true across the spectrum of the Eight Forms Of Capital (for those unfamiliar with this framework, it's the guidance we offer for building "true wealth" in life). Don't wait to invest in your health until you've developed a chronic condition. Don't put off building community before a crisis (injury, job loss, etc) forces you to ask for help from others. Don't forget about creating an emergency kit until some disaster (hurricane, earthquake, flood, etc) hits.

For those who put off taking advance action, it may be simply "too late" in a number of scenarios should the status quo quickly change.

Don't be an 'avoidable victim'. For the events you calculate are likely to happen, assess your current level of preparedness and take steps now to shore up any deficiencies. As you do this, ask yourself: What would I absolutely regret not having in place should this happen tomorrow? Make that list your top priority.

To help you in this, we have a self-assessment form, which you can download for free here. We use it at our annual seminar each year, so it's pretty well-honed at this point.

After taking it, some folks prefer to go a step further and schedule a consultation with Chris to discuss their personal situation and get his experienced perspective on their plans as they take shape. If interested, you can learn more about how to do that here.

But the main focus here is to prioritize the key steps to take in advance of any potential life-altering events that concern you.

For example, anyone who reads PeakProsperity.com should know that Chris and I think a major market correction is long overdue. We anticipate price drops of a similar magnitude as seen during the 2008 crisis, and possibly even worse. (For those new to this site, read: The Mother Of All Financial Bubbles)

If you share our conclusion, are you positioned prudently should the market correction arrive tomorrow?

Remember that in 2008, most people didn't expect the market to fall. Folks believed: It's different this time. Yet when the market started tanking in September, it happened so quickly that investors had already lost a third of their portfolio's value by the time their October statements arrived in the mail. At that point, most were psychologically unprepared, and simply held on, praying that the market would go back up. And still prices kept falling for months after.

Don't let this happen to you. Determine what your minimum acceptable positioning should be and then make sure it's in place. Even if it's as simple as just holding more of your investment portfolio in boring old cash. (Feel free to read our How To Hedge Against A Market Correction guide for additional ideas). I myself just updated readers on how I recently increased my short positions within my portfolio.

Yet it still surprises me how many people I talk with regularly who agree the risk of a market correction is uncomfortably high, but have not yet begun to position themselves accordingly.

For example, a large number of folks have had free consultations with our endorsed financial advisor since the start of 2017, each very concerned to protect their financial wealth should a market correction happen. Many indeed plan to open accounts, but haven't yet -- remaining invested in their existing long positions for the time being. Why? Because they've been making money over the past several years, and can't yet wean themselves off of the central bank gravy train even though their brains tell them it will inevitably come to an abrupt and painful end.

If you're one of these folks, please reflect for a moment. No one can predict when the next market downturn will happen. By the time it does, your capital needs to have already been positioned smartly in advance. It will do you a lot less good to try to sell after taking an initial round of losses. And at that point, emotionally, you might find yourself too shell-shocked to take action. There might even be restrictions placed on access to your funds if the situation gets bad enough. So is today's urge to wait 'just a little bit longer' worth the risk?

Only you can determine if and when to transfer any of your capital over. But if you've already made the decision in your mind to eventually do so (as many of you have expressed), then a prudent step is to simply fill out the paperwork to open an account now. You can deal with any transfers later. Doing this is a small investment of your energy in the here and now, but will save you valuable time, stress and potential uncertainty should you decide to move your money there urgently in the future. So whether you plan to work with our endorsed adviser or another one you like even better, remove as much 'friction' as you can today that could threaten to derail your goals for tomorrow. 

The same logic applies to nearly anyone concerned by the Three E's discussed in The Crash Course:

  • Homeowners looking to sell before the next housing downturn -- With more and more major markets topping out, have you determined a time frame by which you'd like to have your house sold? Have you identified the broker/agent you'd like to use? Have you calculated your desired listing price?
  • Account holders at Too Big To Fail banks -- If you're planning on eventually moving your cash to an alternative provider with less exposure to derivative risk or the potential for a "bail-in", have you identified the specific credit union/savings bank/private vault/etc yet? Have you conducted a test transfer yet?
  • Those considering buying cryptocurrency for the first time -- Have you learned how to purchase them yet? Which coin(s) do you want to buy? Are you going to use an exchange? Which one? How do you plan to store your coins? Have you lined up that solution yet?
  • Those switching to a de-growth lifestyle -- Where do you want to live? What will your homestead needs be? Will you keep your current job or need to re-skill? Will your new lifestyle depend more on others? If these answers require any life changes, have you made any of them yet?
  • And on and on...

In all of these cases, the benefits of taking action on the essential steps today, in advance of a future date by which you may desperately want those steps to have been taken, are clear.

Most folks just need a little nudge or inspiration to get started. Consider this your call to action. For those who haven't thoroughly utilized them yet, our free What Should I Do? Guide, as well as our book Prosper!: How to Prepare for the Future and Create a World Worth Inheriting are chock full of our best guidance and recommendations.

As Chris has often said about preparing for events that have large downside risks: It's much better to be a year early than a day late.

Very wise words.

What would you regret most being a day late on? Whatever your answer, focus your attention there -- today.

~ Adam Taggart

Glenn gives the latest coronavirus numbers, updating YOU on everything needed to know as Americans and officials monitor China's new COVID-19 virus:

Daily Stats as of 5:30 AM CT (from John's Hopkins)

  • Total Confirmed Cases Worldwide: 1,030,324 (up from 950,638 Yesterday)
  • Total Confirmed Deaths Worldwide: 54,226 (up from 48,289 Yesterday)
  • Total Confirmed Recovered Worldwide: 219,896 (up from 202,631 Yesterday)
  • 5% of Active Cases are considered serious (requiring hospitalization) Steady from 5% Yesterday, but down from 19% high back in February
  • Note that 12% of US Confirmed Cases require Hospitalization, roughly on par with Italy at 12% requiring hospitalization and lower than Spain, where 18% of patients require hospitalization.
  • US has 245,380 Confirmed Cases and 6,095 Deaths, up from 215,344 cases and 5,112 deaths yesterday
  • The US currently has 228,874 Active Cases of COVID-19, with about 1% of the US Population tested
  • 15% of Americans who have been tested have been diagnosed with COVID-19
White House to Recommend All Americans Wear Face Masks in Public https://www.washingtonpost.com/health/2020/04/02/coronavirus-facemasks-policyreversal/
  • The White House is poised to urge Americans to wear cloth masks or face coverings in public to help prevent the spread of the novel coronavirus, in a reversal of earlier advice.
  • President Trump said Thursday at a coronavirus task force briefing that "a recommendation is coming out," but "I don't think it will be mandatory. If people want to wear them, they can."
  • Later, however, a White House official, who spoke on the condition of anonymity to relate internal discussions, said that the guidance being considered is "narrowly targeted to areas with high community transmission" and that the matter remains under discussion.
  • A new Memo from the CDC states: "In light of new data, along with evidence of widespread transmission in communities across the country, CDC recommends the community use of cloth masks as an additional public health measure people can take to prevent the spread of the virus to those around them."
  • The recommendations represent a major change in CDC guidance that healthy people don't need masks or face coverings.
  • The news comes as Laredo, TX joins more than a dozen American cities or Counties that have mandated the use of face masks for all persons in public spaces such as grocery stores or shopping centers. Violaters without a facemask risk up to a $1000 fine. https://www.foxnews.com/us/texas-city-fine-people-who-dont-cover-faces-outside-coronavirus
  • Similar provisions are being considered for the entire State of California, according to Governor Gavin Newsom's office.
Anti-body Tests Getting Accelerated Availability https://news.yahoo.com/antibody-tests-key-ending-covid-19-lockdowns-162305617.html
  • Unlike Vaccine testing and production which could take months or years, SARS-CoV-2 Antibody tests could be available in the US in a few weeks.
  • Such tests could be key in enabling the partial lifting of lockdown and shelter-in-place orders, as authorities could determine who might already have immunity to the virus and could return to work.
  • "If we can determine someone's already had the virus and now has immunity and is no longer contagious to others, that's what we're looking for here," said Anthony Fauci in Thursday's White House COVID-19 Task Force update.
  • However, it should be noted that researchers have yet to determine if anti-body production renders people permanently or only temporarily immune to the SARS-CoV-2 virus that causes COVID-19.
  • While some Virus immunities, such as Chicken Pox, are generally permanent immunities, others, such as SARS-1 and Rhinovirus (the common cold) grant only short-term, multi-month immunity...which is why people can get a cold each year.
  • Most known Coronavirus immunities in humans are not permanent, researchers have noted. Influenza, for example, grants only seasonal immunity and can be caught again only a few months later.
Lord Have Mercy...Hospital Ships Sit Empty https://www.nytimes.com/2020/04/02/nyregion/ny-coronavirus-usns-comfort.html
  • The much-touted Navy Hospital Ships in New York and Los Angeles sit 95% empty as of Thursday evening.
  • In New York, The USNS Comfort's 1,000 beds are largely unused, its 1,200-member crew mostly idle. "We're waiting for patients," one nurse was quoted by the New York Times.
  • Only 20 patients had been transferred to the ship, officials said, even as New York hospitals struggled to find space for the thousands infected with the coronavirus.
  • Another Navy hospital ship, the USNS Mercy, docked in Los Angeles, has had a total of 15 patients, officials said.
  • "If I'm blunt about it, it's a joke," said Michael Dowling, the head of Northwell Health, New York's largest hospital system. "Everyone can say, 'Thank you for putting up these wonderful places and opening up these cavernous halls.' But we're in a crisis here, we're in a battlefield."
  • What's the issue? In classic government style: Red Tape.
  • On top of its strict rules preventing people infected with the virus from coming on board, the Navy is also refusing to treat a host of other conditions. Guidelines disseminated to hospitals included a list of 49 medical conditions that would exclude a patient from admittance to the ship.
  • Ambulances cannot take patients directly to the Comfort; they must first deliver patients to a city hospital for a lengthy evaluation — including a test for the virus — and then pick them up again for transport to the ship. With 911 call centers already massively over-capacity, ambulances aren't available to take non-infected persons to each ship.
  • Meanwhile, across New York hospitals are overrun. Patients have died in hallways before they could even be hooked up to one of the few available ventilators in New York. Doctors and nurses, who have had to use the same protective gear, again and again, are getting sick.
  • "So many people are dying that the city is running low on body bags," Dowling said. "The Coroner's office told our administrator to start double-wrapping bodies in sheets for the time being."
In Hopeful Sign, University of Pittsburgh Researchers May Have Found COVID-19 Vaccine https://nypost.com/2020/04/02/scientists-believe-they-found-potential-coronavirus-vaccine/
  • Scientists at the University of Pittsburgh School of Medicine believe that they've found a potential vaccine for the new coronavirus.
  • The researchers announced their findings Thursday and believe the vaccine could be rolled out quickly enough to "significantly impact the spread of disease," according to their study published in EBioMedicine.
  • The vaccine would be delivered on a small, fingertip-sized patch. When tested on mice, the vaccine produced enough antibodies believed to successfully counteract the virus.
  • The scientists say they were able to act fast because they had already done research on the similar coronaviruses SARS and MERS.
  • The Trump Administration ordered the FDA to fast-track the next phase of Animal trials for the experimental vaccine.
  • Officials did warn that even if successful, human trials and ultimate production could still be as many as 12-18 months away.
  • "It's early, but this is a very positive result," the lead scientist said in an interview. "We're well on our way."
Vermont, Maryland Make Buying Seeds to Grow Food Illegal https://www.eagletimes.com/covid_19/large-retailers-stop-in-person-sales-of-nonessential-items-in-vermont/article_c1d0e43c-7432-11ea-8ca9-a30ed891d9fd.htmlimage.png Canada's Farmers Warn of Food Supply Impact Due to Non-Essential Designation https://ipolitics.ca/2020/04/02/the-sprout-canadian-farmers-worry-for-food-supply/, https://business.financialpost.com/commodities/agriculture/agriculture-sector-scrambling-to-offset-consequences-of-covid-19-crisis
  • Canada's government issues a list of industries and jobs it deemed essential, including food delivery, shipping & logistics, medical care, energy production & delivery.
  • One industry that was glaringly absent: agricultural production.
  • Like the US, Canada's agricultural industry relies on migrant and seasonal workers to plant and harvest foods, especially key fruits and vegetables that must be picked by hand.
  • Industry representatives have begun to petition the government to include Ag production an essential service so travel restrictions can be relaxed to allow workers to travel into Canada and use of public transportation systems to get to where planting activities must occur soon to allow for Fall food harvests.
  • Canada's Federation of Independent Grocers also extended a warning to the Government that it projects food costs in Canada could rise by as much as 90% in the coming months due to COVID-19 related disruptions. https://nationvalleynews.com/2020/04/01/grocers-group-warns-rising-food-costs-come/
Industry Expert Warns Illness Among Agricultural Workers Could Threaten US Food Supplies https://www.msn.com/en-us/finance/markets/an-outbreak-among-farm-workers-would-be-catastrophic/ar-BB1257dl
  • Much of the US food supply chain is staffed by low-wage workers, many of them undocumented immigrants with limited ties to health services.
  • The Pew Research Center has estimated that about one-quarter of U.S. farmworkers are undocumented.
  • A 2019 U.S. Department of Labor survey estimated that the share of field workers who are undocumented is closer to half of all farmworkers.
  • The food processing industry also has high numbers of undocumented workers, as do many of the nation's smaller grocers and fast-food restaurants.
  • Immigrant farming communities are often close-knit, with laborers living and working in close proximity, with workers sharing hotel rooms and even make-shift Tents with cots, to save on costs.
  • As the California-based Western Growers Association states, "Social distancing is difficult or perhaps impossible in certain settings such as harvesting, transport (of workers) and housing."
  • One California grower told National Public Radio that if the coronavirus penetrates the agricultural community, "it will spread like wildfire."
  • The news comes as Mexico only recently restricted movements and travel, issuing shelter-in-place orders for 90% of the country.
  • The Trump Administration recently eased restrictions on H-2a Ag Worker visas, but industry experts warned many workers planned to stay in Mexico or other Central American countries due to travel restrictions now in effect in those countries. https://www.latimes.com/business/story/2020-03-27/state-department-eases-requirements-for-h2a-visa
  • The Western Growers Association currently estimates a 30% reduction in labor force this year, which may be further impacted if COVID-19 spreads among workers who live and work in tight close quarters.
LA Mayor: "Snitches Get Rewards" https://losangeles.cbslocal.com/2020/03/31/coronavirus-los-angeles-eric-garcetti-snitches-get-rewards/
  • Los Angeles Mayor Eric Garcetti announced new guidelines for construction sites that continue to operate during the coronavirus pandemic while encouraging the community to report businesses that violate the Safer at Home order.
  • Garcetti said that since the stay at home order was put in place, the city has been told about construction sites that have not been following the guidelines set out in that order.
  • "You know the old expression about snitches, well in this case snitches get rewards," Garcetti said. "We want to thank you for turning folks in and making sure we are all safe."
  • As of Tuesday afternoon, Garcetti said "business ambassadors" from the city had visited 540 businesses that had not complied with the Safer at Home order. Of those, 144 were visited by officers with the Los Angeles Police Department to ensure compliance with the order.
  • So far, Four businesses have been referred to the city attorney's office for misdemeanor filings.
  • The story comes as business owners across the US have been cited and even arrested for violating House Arrest orders, many turned in by way of anonymous calls to police departments. https://apnews.com/343ed4a8e95dfc8f8dda87b9e450ca57
In Germany, Hundreds of Citations Handed Out Based on Anonymous Reports and Emails to Police Departments https://news.trust.org/item/20200402160625-8y12u
  • (Headline Bloomberg News) Germans snitch on neighbors flouting virus rules, in an echo of the Stasi past
  • Law-abiding Germans are zealously helping police crackdown on people flouting new social distancing rules aimed at slowing the spread of the coronavirus by reporting on strangers, neighbors and friends.
  • In a country where denunciation was commonplace under the Communists in East Germany and Hitler's Nazis, police forces across the country are getting tip-offs on anything from "corona parties" to people driving to weekend cottages.
  • Rules introduced in March forcing restaurants, pubs and sports facilities to shut and banning gatherings of people have given police plenty of work. With the number of corona cases and deaths climbing fast, there is no sign of easing enforcement.
  • Since March 14, police in the German capital have ordered 830 pubs, shisha bars and other establishments to shut and recorded 898 crimes.
  • "We are getting tip-offs from the public about open restaurants or large gatherings of people in parks," said a spokeswoman, adding officers were, as always, ready to deal with information from the public.
  • Forces around Germany are in a similar situation. Munich police took up to 150 calls every day last week from citizens reporting alleged breaches of corona rules, according to Spiegel Online.

For weeks now, our political leaders and the media have been repeating the World Health Organization's claim that non-medical-grade face masks don't work when it comes to preventing the spread of COVID-19. So, why are infectious disease experts now reconsidering their guidelines?

According to the New York Times, the director of the Centers for Disease Control and Prevention, Dr. Robert Redfield, said the guidance on wearing non-medical masks is "being critically re-reviewed, to see if there's potential additional value for individuals that are infected or individuals that may be asymptomatically infected."

In actuality, they didn't trust the American people to do the right thing and prioritize healthcare workers to receive masks first, opined Glenn Beck on the radio program Thursday. But they do work, and "if we're going to open the country up, we are going to all have to wear face masks," he said.

Listen to the clip to hear more details:

CORONAVIRUS UPDATE: Face Masks DO Work, US Cases Per Capita, and WHO Lies for Communist China youtu.be

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William "Bill" Kelly is 95-year-old World War II veteran from Oregon. He lived through the Great Depression.
He served in the South Pacific during World War II. And now he has just fought the coronavirus -- and won.

Bill joined Glenn Beck on the radio program Thursday to share his experience and a hopeful message about why the younger generations can overcome this crisis.

"I want to tell the people, it wasn't pleasant, but on the other hand, you know, if you do what you're supposed to do, and you have some loved ones around you, and do a lot of praying, why, you'll come through okay. We [American's] have been through a lot. We've been through Pearl Harbor. We've been through the Great Depression, and who knows what else. We're tough. We'll get through it. Hang in there," Bill said.

"You know, it's just -- it's in our American blood," he added. "We're that type of people. We take care of each other, and we are not going to break down. We're going to make it through, every time. Every time."

"There are people that don't think we are those people anymore. That it was the greatest generation -- your generation -- that did it, but now we're not the same people. Do you agree with that? Glenn asked.

"No," asserted Bill. "And the reason I say that is because I remember when I was a young kid, you know, and people, the older people, said 'all those young kids are soft' ... but when we were attacked at Pearl Harbor -- sneak attack, you know -- it's surprising how those so-called goofy kids turned into mighty fine fighting people. And they're very loyal. I have lots of faith in them ... no, I don't have any problems with this new generation. They'll take care of us. We're Americans."

Watch the video below to catch more of the conversation:

In response to the COVID-19 quarantine, BlazeTV is offering our BIGGEST discount ever! Get $30 off your subscription when you use promo code GLENN. Claim your special offer at https://get.blazetv.com/glenn/.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Glenn gives the latest coronavirus numbers, updating YOU on everything needed to know as Americans and officials monitor China's new COVID-19 virus:

Daily Stats as of 5:30 AM CT (from John's Hopkins)

  • Total Confirmed Cases Worldwide: 950,638 (up from 872,891 Yesterday)
  • Total Deaths Worldwide: 48,289 (up from 43,271 Yesterday)
  • Total Confirmed Recovered Worldwide: 202,631 (up from 184,588 Yesterday)
  • 5% of Active Cases are considered serious (requiring hospitalization) Steady from 5% Yesterday, but down from 19% high back in February
  • Note that 12% of US Confirmed Cases require Hospitalization, roughly on par with Italy at 12% requiring hospitalization
  • US has 215,344 Confirmed Cases and 5,112 Deaths, up from 188,592 cases and 4,056 deaths yesterday
  • COVID-19 is now the 3rd leading cause of death in the US, behind Heart Disease and Cancer (based on daily fatalities per 1,000 people)
  • The United States of America now leads the world in total confirmed cases, with 115,000 more cases than Italy (although Italy leads the world in Deaths with 13,155 officially dead)
  • US is 25th in Total Confirmed Cases per 1 Million Population, with 651 cases per 1 Million people. Spain has 2,583 Cases per 1 Million people.
  • US is 23rd in Total Confirmed Dead per 1 Million Population, with 15 Dead per 1 Million citizens. Italy has 218 Dead per 1 Million.
  • US has 5,112 Dead vs 8,878 Recovered and 5,075 in Critical Condition
  • The US currently has 201,354 Active Cases of COVID-19, with still less than 1% of the total US population tested.
  • 17% of Americans who have been tested have been diagnosed with COVID-19
COVID-19 Now Killing Victims Who Don't Have COVID-19 https://nypost.com/2020/04/02/coronavirus-nyc-emts-stop-taking-cardiac-arrest-patients-to-hospitals/
  • EMTs in New York have been given a directive not to transport heart-attack victims to hospitals if they cannot be revived at the scene.
  • Prior cardiac arrest victims would have been transported to hospitals for further life-saving procedures, but with hospitals being overwhelmed with COVID-19 patients, heart attack victims are solely in the hands of local EMTs. If EMTs cannot restore a pulse at the scene, victims are to be left there to die.
  • "Artificial ventilation and/or compressions must not be delayed," the memo states, adding that chest "compressions must begin as soon as it is determined the patient does not have a pulse."
  • But the guidelines change if the patient cannot be revived before arriving at a hospital.
  • "In the event a resuscitation is terminated, and the body is in public view, the body can be left in the custody of the NYPD."
China Lied, People Died Trending on Social Media https://www.bloomberg.com/news/articles/2020-04-01/china-concealed-extent-of-virus-outbreak-u-s-intelligence-says
  • US Intelligence Services has concluded what the Internet has known since January: The Chinese Communist Party lied about total infected and total deaths due to Coronavirus.
  • Citing a report provided to the White House last week, officials confirmed that US Intelligence concludes 'gross' underreporting of total cases and total deaths, especially from Hubei Province.
  • Many have speculated that numbers coming out of China, Iran, North Korea, Russia and other totalitarian countries have been dramatically underreported, by as much as a factor of 10 according to official British Intelligence reports.
  • The early misrepresentation of data by the CCP may have lead some Western Politicians and epidemiologists to underestimate the seriousness of COVID-19 and delayed response in Italy, Spain, the UK and the US.
  • Though why anybody would have believed anything the Chinese Communist Party had to say remains an open question...
Italy's Death Toll Far Higher Than Reported https://www.msn.com/en-us/news/world/italys-coronavirus-death-toll-is-far-higher-than-reported/ar-BB122vvc
  • In the town of Coccaglio, an hour's drive east of here, the local nursing home lost over a third of its residents in March. None of the 24 people who died there were tested for the new coronavirus. Nor were the 38 people who died in another nursing home in the nearby town of Lodi.
  • These aren't isolated incidents. Italy's official death toll from the virus stands at 13,155, the most of any country in the world. But that number tells only part of the story because many people who die from the virus don't make it to the hospital and are never tested, therefore they aren't included in official numbers.
  • "They were all sick, they all had flu-like symptoms and difficulty breathing," stated a nurse from one of the nursing homes. "We had no ambulance to get them to Milan."
  • In the areas worst hit by the pandemic, Italy is undercounting thousands of deaths caused by the virus, a Wall Street Journal analysis shows, indicating that the pandemic's human toll may end up being much greater, and infections far more widespread, than official data indicate.
  • As stretched and sometimes overwhelmed hospitals fight to save their patients, many other people die unseen and uncounted, including elderly people in out-of-the-way locations.
  • In addition, the health-care crisis can lead to a surge of deaths from other causes that would normally be treatable.
  • "There are many more dead from the virus than are officially declared... People died and they were never tested because time and resources are limited," Eugenio Fossati, deputy mayor of Coccaglio, says of deaths caused by the virus.
More Numbers Hard to Trust as Bodies Left On The Streets in Ecuador https://www.scmp.com/news/world/americas/article/3078077/coronavirus-bodies-are-being-left-streets-ecuador
  • Coronavirus: bodies are being left on the streets in Ecuador.
  • 'They fall in front of hospitals or in back street alleys, or in small villages…no one wants to recover them,' says the mayor of Ecuador's largest city.
  • The army is placing unclaimed bodies in refrigerated cargo containers at the port while authorities pursue plans for a new cemetery.
  • The corpses have been overwhelming Guayaquil, a port city of 2.8 million at the epicenter of the coronavirus crisis in Ecuador.
  • Over the last few days, several were wrapped in plastic and left on the streets. Others have lain unclaimed in hospitals and clinics that have been overwhelmed by infections. The city morgue is full.
  • The majority of the dead are believed to be victims of the virus, but nobody can say for sure how many. There has been little testing.
  • The country has confirmed 2,700 infections and 93 deaths - 60 of them in Guayaquil and its immediate surroundings. But municipal officials there said they have recovered at least 400 bodies in the last 3 days.
  • Mayor Cynthia Viteri, who announced that she has also tested positive for the virus, said the national government should be responsible for collecting the corpses.
  • "They're leaving them in the villages, they are stacked in front of hospitals," she said in a Twitter video message to residents late last week.
  • Many local villages in Ecuador are simply burying the dead in unmarked graves, which will make official counting of COVID-19 victims impossible in the weeks ahead.
50% of Viral Spread Comes from People With No Symptoms https://www.cnn.com/2020/04/01/health/us-coronavirus-updates-wednesday/index.html
  • Researchers in Iceland have confirmed earlier reports from Hong Kong that a significant amount of viral spread is caused by carriers who have no symptoms.
  • In the US, Doctors at the CDC have confirmed asymptomatic spread, but estimate a number of about 25%.
  • If true, then the case for all persons to wear masks, even those who don't have symptoms, becomes much stronger.
  • To prevent further spread, the top infectious disease expert in the US says health officials are reconsidering guidance on face masks.
  • Dr. Anthony Fauci said he would "lean towards" recommending that the general public wear face masks "if we do not have the problem of taking away masks from the health care workers who need them. The public can stay home to avoid infection, but health care workers cannot," he said.
  • "We're not there yet, but I think we're close to coming to some determination," Fauci said.
Ship vs Train... Ship Wins https://abc7.com/usns-mercy-coronavirus-train-crash-derailment/6069395/
  • A Locomotive Engineer in Los Angeles has been charged with 1 Count of "Train Wrecking", a Class A Felony under Federal Law, after purposely derailing his freight train while attempting to sink the US Hospital ship Mercy.
  • Eduardo Moreno, 44, intended to hit the ship, saying he thought it was "suspicious" and did not believe "the ship is what they say it's for.'"
  • Moreno admitted to crashing the train intentionally but said he did not plan it out in advance. It is believed that he acted alone.
  • He allegedly made statements to a CHP officer that included "You only get this chance once. The whole world is watching. I had to. People don't know what's going on here. Now they will."
  • Officials say video from inside the train's cab shows Moreno holding a lighted flare during the incident.
Biggest Issue With COVID-19 in Malaysia: Nagging Wives https://www.npr.org/2020/04/01/825051317/dont-nag-your-husband-during-lock-down-malaysias-government-advises-women
  • Malaysia has the largest number of COVID-19 cases in Southeast Asia with more than 2,900 and counting.
  • This week, Malaysia's government also had a serious public relations issue after an ill-conceived plan went online.
  • Malaysia's Ministry for Women, Family and Community Development issued a series of online posters on Facebook and Instagram with the hashtag #WomenPreventCOVID19. It advised the nation's women to help with the country's partial lockdown by not nagging their husbands.
  • The ministry also advised women to refrain from being "sarcastic" if they asked for help with household chores.
  • Additionally, the Ministry urged women working from home to dress up and wear makeup.
  • After some negative response on social media, the public service messages have been removed from the Ministry's Facebook page.