#IWillDefendTheDefenseless: Down Syndrome Man Told How Much He Costs

It is time for everyone to wake up. We are heading down the same road as the world went down in the 1930s. Choose a side NOW and stand for life. ALL LIFE. DEFEND THOSE WHO CANNOT DEFEND THEMSELVES.

This video is a horrible glimpse into our not-too-distant-future.

Please watch and share.

Will you defend the defenseless? Comment below.

GLENN: I posted something at GlennBeck.com that I seriously -- I mean, unless you're driving, I want you to stop everything you're doing and go to GlennBeck.com and watch. Then I want you to tweet it or Facebook it and ask everyone you know to do the same.

The Mesopotamians didn't believe that -- they didn't believe in good and evil. They didn't think that there was a force of evil.

And there's a lot of Americans that don't believe that there is a force of evil. I happen to. But the Mesopotamians believed their concept of good and evil was health and illness.

And that you wanted to stay away from things because you could catch that illness. You could catch that evil.

And you would be in a state of decay.

We -- we have caught a bad case of evil. And it is spreading like a virus, like a plague. And it is -- it is happening the same way the world caught the last bad case of evil in the 1930s.

I want you to go -- this is so important. Please, especially if you have anyone in your family who is handicapped at all.

I've posted a -- a video with the Dutch National Institute for public health. And what they have done is they have put together a little video with a guy who has Down syndrome. Now, right now, we are talking about early testing to abort every child with Down syndrome. In Iceland, Reykjavik, is the first place on earth to have a zero birthrate of Down syndrome. And it's all because of abortions. They do early testing. And then they abort any child with Down syndrome.

I do not wish anyone to be born with a deformity or born with Down syndrome. However, if you have ever spent any time around anyone with Down syndrome, I'm telling you right now -- and excuse the expression, but it is appropriate. If you have been around people with Down syndrome, you will recognize quickly, you are retarded, not them.

They have -- their spirit and their joy and what they bring to humanity is beyond anything that any of us will ever bring to humanity.

So there is this push now to eradicate. And the Dutch National Institute for public health, in this video, they have one of their scholars, their number crunchers. And they have another gentleman, like a reporter, who is standing there with a man with Down syndrome.

And he is listening to this. But I don't believe he fully understands what is happening here. He is seeing that he costs a lot of money, that it costs the National Institute of Health. It cost the average taxpayer a lot to keep him going.

And he realizes, wow, I'm pretty special. I'm -- I'm expensive.

That's not the case they're making. They're making the case that people like him should be eliminated.

Stu, can you translate a little bit, read the -- I'm going to play this video, and just read the back and forth on the screen. Go ahead and roll this video, please.

STU: Forty thousand euro per year approximately per Downer.

They're call them Downers.

Ah, yes. Per person.

So they cost us as a society, 40,000 euros per year.

GLENN: And the Down person says wow.

STU: That's a considerable amount, but is it high compared to normal persons?

Well, you can calculate that by taking the big number, $90 billion -- euros, and divide this by the amount of citizens in the Netherlands. And there are approximately 17 million. And that will give you approximately now at 5,000 euros per person. So you could say that the Down syndrome person is ten times as expensive than we are. Those expenses are indeed ten times as high.

You're a valuable man.

And he said, yes, I had not expected that. The Down syndrome person in the video says, yes, I had not expected that.

So they're sitting there telling him he's way too expensive to support.

GLENN: And he's smiling back.

This is --

STU: I mean, it is revolting.

GLENN: Mankind has caught the same disease it caught in the early 20th century. And it is the same kind of mentality, that we can make, you know, the uber man. That we can get rid of all of man's flaws through technology.

Back then, we couldn't do it. We can now.

But it still involves killing. It still involves killing those with Down syndrome while they're in the womb.

How do you put a price tag on a human being? How do you not see the value?

We are in this time once again where it's all about the collective. We have to think alike. We have to act alike. We have to agree on everything.

That's not what made the world the world. What made the world is we all think differently. We all have different talents. We all have different points of view. It's the grind that sharpens us.

If you're not -- if you're not being ground -- people are trying to take all pain away. I understand. I understand. I really understand.

I don't want -- I have a child of special needs. The pain of your heart as a parent is beyond understanding. Only a parent of special needs can truly understand the pain of the parent that never ever goes away.

But the joy is greater.

We've been down this road before. And it was the Dutch -- it was the Dutch that were really on the cutting edge of euthanasia and killing the handicapped.

He goes on in this to say, the only other class that costs us anywhere near this are the old that, you know, once they have to be taken care of all the time, they can't just go to the doctor and get a pill, then they really start to grind on the finances of the -- of the country and start costing the taxpayers.

Well, what did Germany first do? They killed the handicapped. And then they killed the incurables. They killed the elderly. Anybody who was costing too much money.

We are not in a financial panic yet. But I warn you, we are coming to one. And when we do, if we don't know what is true, if we don't know what life means, we are creating artificial life. Super intelligent artificial life right now. And they're debating on how to somehow or another keep it in a cage so it doesn't end up killing all of us.

How could we possibly teach artificial life, the meaning of life, and that they should protect humans and never turn against humans, when we don't value all life ourselves?

Oh, that I had the voice of an angel. If I could shake the earth for wake people up. But it doesn't work that way.

My job is to warn you. My job is to show you what's happening and bring you perspective from my point of view.

I've taken my job seriously, perhaps too seriously at times, for a long time. And I am warning you with everything in you -- with everything in me, please, please, please, get all of the lies out of your own life. Please, do not just listen to the things that reconfirm your worldview.

Please, do the things that make you uncomfortable so you can learn the other side and you can understand the other side. Because the only way you can defeat the other side is if you know it.

Please, if you don't believe in evil, at least treat it like a nasty virus like the Mesopotamians did. Because the world is catching a killer flu. It is a plague. And it almost wiped decency and kindness and humanity -- it almost wiped it off the face of the earth.

But there was one group of people that stood -- that had the resources and the power. And that was the new world rushing over to save the old world. That was us. We don't have the power. We don't have the money. We really not together. We don't even know what's true anymore.

We will throw ourselves in the arms of Putin, if he reaffirms our worldview. Please, go to GlennBeck.com today. And watch this video. And share it with as many people as you can. Find ways to make this go viral. Please, wake people up to the road on which we are currently traveling.

Trouble ahead for the housing market

CHRIS J RATCLIFFE/AFP/Getty Images

Our good friend John Rubino over at DollarCollapse.com just released an analysis titled US Housing Bubble Enters Stage Two: Suddenly Motivated Sellers.

He reminds us that housing bubbles follow a predictable progression:

  • Stage One: Mania -- Prices rise at an accelerating rate as factors like excess central bank liquidity/loose credit/hot foreign money drive a virtuous bidding cycle well above sustainably afforable levels.
  • Stage Two: Peak -- Increasingly jittery owners attempt to sell out before the party ends. Supply jumps as prices stagnate.
  • Stage Three: Bust -- As inventory builds, sellers start having to lower prices. This begins a vicious cycle: buyers go on strike not wanting to catch a falling knife, causing sellers to drop prices further.

Rubino cites recent statistics that may indicate the US national housing market is finally entering Stage Two after a rip-roaring decade of recovery since the bursting of the 2007 housing bubble:

  • The supply of homes for sale during the "all important" spring market rose at 3x last year's rate;
  • 30 of America's 100 largest cities now have more inventory than they did a year ago, and
  • Mortgage applications for new homes dropped 9% YoY.

Taken together, these suggest that residential housing supply is increasing as sales slow, exactly what you'd expect to see in the transition from Stage One to Stage Two.

If that's indeed what's happening, Rubino warns the following comes next:

Stage Two's deluge of supply sets the table for US housing bubble Stage Three by soaking up the remaining demand and changing the tenor of the market. Deals get done at the asking price instead of way above, then at a little below, then a lot below. Instead of being snapped up the day they're listed, houses begin to languish on the market for weeks, then months. Would-be sellers, who have already mentally cashed their monster peak-bubble-price checks, start to panic. They cut their asking prices preemptively, trying to get ahead of the decline, which causes “comps" to plunge, forcing subsequent sellers to cut even further.
Sales volumes contract, mortgage bankers and realtors get laid off. Then the last year's (in retrospect) really crappy mortgages start defaulting, the mortgage-backed bonds that contain their paper plunge in price, et voila, we're back in 2008.

Rubino's article is timely, as we've lately been seeing a proliferation of signs that the global boom in housing is suddenly cooling. I've also recently encountered similar evidence that the housing market in my own pocket of Northern California is weakening, and I'm curious to learn if other PeakProsperity.com readers are seeing the same in their hometowns.

The Global Housing Bubble

Housing, as they accurately say, is local. Conditions differ from region to region, making generalizations of the overall market difficult.

That said, the tsunami of $trillions printed by the world's central banking cartel since 2008 clearly found its way into the housing market.

The world real estate market is HUGE, over $200 trillion. That dwarfs the global debt and equity markets. So it's no surprise the central authorities did all they could to reverse the losses the GFC created for property owners.

As a result, many of the most popular locations to live are now clearly in bubble territory when it comes to home prices:

UBS map of global housing bubbles

The chart above displays the most bubblicious major cities around the world in red. But it's important to note that the merely 'overvalued' markets denoted in yellow, and even some of the green 'fair-valued' ones, are still wildly-unaffordable for the average resident.

For example, in "yellow" San Francisco, where the median home now costs $1.6 million, prices are well-above the excesses seen during the previous housing bubble:

And in 'fair-valued' New York City, the median household must spend 65% of its annual income on housing alone.

Is it any wonder that 70% of millennials who don't yet own a home fear they'll never be able to afford one?

Signs Galore Of Topping Markets

At the end of a speculative bubble, it's the assets that are most overvalued that correct first and correct hardest.

So we would expect that as the highest-priced real estate markets fare from here, the general real estate market will follow.

When we take a closer look at what's currently going on with the red-hot real estate markets noted in the chart above, we indeed see evidence supportive of Rubino's claim that the decade-long Stage One mania may now be ending.

Here's a spate of recent headlines about these cities:

Sure looks like Rubino's predicted Stage Two symptoms of rising supply and stagnating prices.

Local Signs, Too

As mentioned, I live in Northern California, quite close to Santa Rosa.

Things here aren't as nuts as they are in San Franscico; but it's still a moderately-affluent region with lots of second homes. It's one of the semi-frothy areas I'd expect to see cooling off in first should there be a downwards turn in macroeconomic conditions.

Located less than an hour north of San Francisco, residential housing prices here have roughly increased 2x over the past six years as the Bay Area has boomed. Supply has been in chronic shortage, exacerbated by the loss of thousands of structures burned during last October's destructive Tubbs fire.

But recently, for the first time in many years, realtors here are beginning to talk of a softening they're seeing in the local housing market.

Median sale prices dropped from May to June, which is counter to previous years. And several towns are seeing year-over-year declines in median price -- something unheard of over the past 7 years.

Meanwhile, the days-on-market ratio for properties is beginning to creep up.

Of the greatest concern to the realtors in my area: bidding wars are no longer happening. Houses are selling either at or below asking prices now. That's a *big* development in a market where houses have routinely sold for $50-100K+ above the listing price.

In a similar vein, I'm hearing evidence of the softening rents down in San Franscico and the East Bay (Oakland/Berkeley). Wolf Richter has done a good job chronicalling the substantial volume of newly-constructed units that have recently hit the market threatening to depress rents, and I've heard from a multi-family unit owner down there how landlords in the area are now finding their rents ~$500 too high for the market to bear.

This is all early and anecdotal data. It's too little at this point to claim definitively that my local housing market has entered Stage Two.

But I'm curious to hear from other PeakProsperity.com readers. What are you observing in your local markets? Are you seeing similar signs of concern?

Please share any insights you have in the Comments section below. Collectively, we may be able to add clarity, in one direction or another, to Rubino's hypothesis.

Prepping For Stage Two

Whatever the timing, Stage Two is an inevitability for today's ridiculously-overpriced real estate markets. It's not a matter of if it (as well as Stage Three) arrives, but when.

Given the data above, I think Rubino is correct in his assessment. Or at least, correct enough that prudent action is warranted today.

This makes even greater sense when considered along with the current trends of rising interest rates and quantitative tightening. Remember, home prices and interest rates have a mathematically inverse relationship: as rates go up, home prices must go down (all else being equal). And as central banks start withdrawing in earnest the excess liquidity that inflated property values to their current nose-bleed heights, expect further downward pressure on prices.

To drive the urgeny home even harder, we haven't even yet talked about the damage an economic recession and/or a painful correction in the financial markets would wreak on the real estate market. With the current expansion cycle the second-longest on record and our all-time-high markets looking increasingly vulnerable, it seems very unlikely we'll avoid at least one of those crises in the near to mid-future.

Here are worthwhile steps we recommend at this point:

  • Consider selling: If you're a homeowner and are not committed to remaining in your property for the next decade+, do some scenario planning. If prices fell 20%, how much of a financial and emotional impact would that have on you? If you have substantial equity gains in your home, Stage Two is the time to protect them. If you have little equity right now, make sure you're fully aware of the repercussions you'll face should you find yourself underwater on your property. What will your options be should you lose your job in the next recession? Whether to hold, or sell now and rent, is a weighty decision; and the rationale differs for each household -- so we strongly recommend making it with the guidance of your professional financial advisor.
  • Raise cash: The vicious cycle that begins as Stage Two transitions into Stage Three is deflationary. Lower prices beget lower prices. During this period, cash is king. By sitting on it, your purchasing power increases the farther home prices drop. And when the dust settles, you'll be positioned to take advantage of the resulting values in the real estate market. We've written at length about the wisdom of this strategy given current market conditions, as well as how, while waiting for lower prices, you can get 30x the return on your cash savings than your bank is willing to pay you, with lower risk. Our recent report on the topic is a must-read.
  • Educate yourself: Yes, real estate is overpriced in a number of markets. But it has been and will remain one of the best ways available to the non-elites to amass income and tangible wealth. And as mentioned, when the next Stage 3 brings prices down, there will be value to be had -- potentially extreme value. If you aren't already an experienced real estate investor, now is the time to educate yourself; so that you'll be positioned to take informed action when the time to buy arises. Our recent podcast interview on Real Estate Investing 101 is a good place to start.

In Part 2: The Case For Starting To Build A (Small) Short Position, we conduct a similar analysis into the overvaluation and growing vulnerability of the financial markets (which are highly likely to correct much faster, sooner and more violently than the housing market), including the details on a recent short position we've started building.

The tranquil "free ride" the financial and housing markets have had for nearly a decade are ending. The string of easy gains with little effort are over now that the central bank money spigots are turning off at the same time the "greater fools" pocketbooks are tapping out.

For a brief time, prices will waiver, as investors remain in denial and refuse to sell at lower prices. But soon that denial will turn to panic, and prices will plummet.

Make sure you're positioned prudently before then.

Click here to read Part 2 of this report (free executive summary, enrollment required for full access)

It's a bad day when you've stepped in dog poop.

But it's an even worse day when you're stepping in human poop — especially when underneath the poop is a dirty needle. That's the glory that is San Francisco today.

The city doesn't know what to do. There's more human feces in the street than ever before. This is starting to look like human evolution in reverse. And I want to be a helper in this situation.

RELATED: What the 💩 is going on in San Francisco?

And so, as a helper, I've got an idea for San Francisco. And I'm going to share it with you — free — at absolutely no cost to you. This is a public service.

We made a little sign — "No Human Pooping" — because I think that's clear enough, even for those who may be high on heroin, to understand.

Feel free to download and print as many copies as you'd like, and post them on your property. Or click the buttons below to share on social media.

Something has got to be done about this 💩.

Click here to download your printable copy of the sign.

What the 💩 is going on in San Francisco?

Justin Sullivan/Getty Images

Finally, a beautiful Sunday in your picturesque bayside city. You paid good money to move here. Not cheap. The $150,000 range leaves you just about middle class. In Ohio, that'd buy you a small town. But this is better than Ohio, you tell yourself. Sure, the city isn't as scenic as the postcards, but here you are, at the YMCA fields. You're coaching your kid's soccer team. And today is the co-ed Under-8 soccer final. Really, it's their World Cup. You bought the good oranges and Capri-Sun—the special edition kind with cold-sensitive images on the front. You worked hard for this moment.

RELATED: Illegal Immigrant Hits Jackpot and Is Awarded $190K From San Francisco for Deporting Him

Your job is demanding. Sometimes, you're there 60, 70 hours a week. But somebody needs to coach this soccer team so here you are. And, what. What is that. Your son, he's dribbling past the kid shoving dandelions into the ant hill, and, is he going to score a goal? Yes. Yes, he is, but all of a sudden, right as your son's leg angled back to kick the ball, you hear an animalistic scream behind you. You turn around, and see a man shrieking as he squats over the sidewalk. What is he doing, you ask yourself quickly. Oh, God. You know what he's doing.

Following the death of Mayor Ed Lee, San Francisco Mayor London Breed inherited quite a mess. San Francisco is in shambles. Despite topping nearly every list of the nation's highest cost-of-living prices, San Francisco has been plagued by homelessness, often with unbelievable negative consequences.

I'd like to add that, the segment begins with footage of Mayor Breed walking around San Francisco, and as she passes a group of homeless people, at least one person is openly injecting themselves with a needle.

I shouldn't even have to say this, but helping disadvantaged people is a good thing. The Bible is very clear on the subject.

"Speak up for those who cannot speak for themselves, for the rights of all who are destitute. Speak up and judge fairly; defend the rights of the poor and needy." - Proverbs 31:8-9

San Francisco's approach to dealing with the poor is in fact detrimental to the poor.

"Whoever oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God." - Proverbs 14:31

"Looking at his disciples, [Jesus] said: "Blessed are you who are poor, for yours is the kingdom of God. Blessed are you who hunger now, for you will be satisfied. Blessed are you who weep now, for you will laugh." - Luke 6:20-21

San Francisco's approach to dealing with the poor is in fact detrimental to the poor. Walk around the city and you'll see a lot of thousand-dollar tents that function as homes, gifts from good-natured but ultimately misguided people, who function more as enablers than rescuers. The city has set up injection sites, where homeless heroin addicts are provided with clean syringes and allowed to shoot up without punishment. May God bless them. And may we help them in a better way.

Revolutions are started by youth. And the left is desperate for young blood, or, worse, for fresh blood. They're turning on their own.

As reported by the Los Angeles Times, Sen. Dianne Feinstein is more often considered too radical. In a show of force, California Democrats have chosen Feinstein's opponent, Kevin de León, over her.

RELATED: 'I remember thinking liberals were the good guys': Dave Rubin on why he really left the left

Lynne Standard-Nightengale, a member of the Amador County Democratic Central Committee, said she wanted to "send a message."

I just think we need a younger, progressive person there. The Democratic Party in California has moved to the left, and he personifies those values.

Feinstein and de Leon will face each other again in November because California has an open primary system in which the top two finishers face each other, regardless of party.

The left is going hard left. When Dianne Feinstein is not left enough for you—where are the press reports of the extremists taking over? The trend is spreading. A growing number of Trump's base are former Democrats, who voted for Obama.

When Dianne Feinstein is not left enough for you—where are the press reports of the extremists taking over?

So, in response, Democrats are prowling after a new base, a new young base, who's never voted before.

Thankfully, many have predicted that the next generation of voters will be the most conservative generation since pre-WW2. I guess they've watched as their older siblings (or parents) have returned from college with pink hair, atheism, exorbitant debt, and infinite genders, only to decide that personal responsibility, a moral compass, and belief in God are preferable.