Bernie Sanders and the Second Great Depression

Wikimedia Commons

During the 1930s, the Great Depression made many Americans, especially among the elite class, question the merits of capitalism. Progressives of that era thought the Soviet system might provide some answers. Membership in the American Communist Party grew almost tenfold during the Great Depression (from 6,933 members in 1929 to 66,000 in 1939). While America stopped short of handing the Executive keys to an outright communist, it did elect Franklin D. Roosevelt, the most blatantly socialist president in U.S. history so far.

The rise of the cult of Bernie Sanders indicates something similar is going on today as happened during the Depression of the 1930s. Democratic Socialists of America membership grew almost tenfold over the past decade, with around 5,500 members in 2009 to over 55,000 now. A recent Economist/YouGov poll finds 60% of Democrats under 30 support either Bernie Sanders or Elizabeth Warren.

Why the socialist surge? One factor is the absolutely dismal U.S. history and civics education throughout our nation. That's not to say the classes or teachers themselves are dismal – there are still many non-Marxist history teachers in public and private education across the U.S. But the cumulative time spent on U.S. history/civics in school is woefully inadequate to create a thriving electorate. Typically, before a student graduates from high school, they may have a couple years of U.S. history – one in middle school, one in high school – and maybe one year of government/civics. Remarkably, 82% of U.S. colleges don't require a single course in U.S. history or government to earn a degree. And then, even when it is taught, especially in college, it's frequently not the truth: like teaching that the U.S. committed acts in Vietnam almost as bad as things Hitler did (Bernie Sanders actually said this once to a group of ninth graders).

In his farewell address in 1989, President Reagan said: "An informed patriotism is what we want. And are we doing a good enough job teaching our children what America is and what she represents in the long history of the world?... We've got to do a better job of getting across that America is freedom – freedom of speech, freedom of religion, freedom of enterprise. And freedom is special and rare. It's fragile; it needs protection… If we forget what we did, we won't know who we are. I'm warning of an eradication of the American memory that could result, ultimately, in an erosion of the American spirit."

The embrace of socialism by the Democratic Party is evidence that this "eradication of the American memory" that Reagan talked about has already happened.

The embrace of socialism by the Democratic Party is evidence that this "eradication of the American memory" that Reagan talked about has already happened. If we're not taught to appreciate the genius of the Declaration of Independence, the Constitution, and the Bill of Rights, it is so much easier to drift toward, and fall for, socialism.

Another factor explaining the modern socialist surge is the American university system. We take America's young people, largely starved of any real foundation in our constitution and history, and send them to college, ripe for reprogramming. For decades, our universities have been the training ground for the perpetuation of Marxism and zealous anti-American philosophy. Every day, millions of young, impressionable adults march into the lion's den like the pale prisoners of Ridley Scott's famous 1984 Macintosh ad, to receive their dose of Marxist indoctrination. America already has thousands of re-education camps – we call them colleges. And the twisted brilliance of this system is that we actually pay the Marxists to re-educate us.

Stark reminders of the effects of this indoctrination can be seen in a series of recently released videos of Bernie Sanders campaign field organizers. In these videos, several young, self-described Marxists discuss their dreams of communist revolution in the U.S. In one rant, a South Carolina field organizer talks reverently about how he learned the "truth" about the Soviet system from one of his college professors. The young man speaks glowingly about the former Soviet Union, as if it was some kind of golden era for humanity and something to aspire to now. America's impressionable students are similarly lied to every day about their nation by very convincing professors (coincidentally, many resemble Bernie Sanders).

So, our U.S. history and civics education is woefully inadequate and too-often tainted by the America-is-evil influence of Howard Zinn's absurd propaganda. And our universities are stocked with Zinn-like priests of the progressive-communist religion, daily molding disciples from the malleable minds of their captive audience. These are certainly serious factors helping create the revolutionary fantasies of Bernie's core supporters. But there is an even more dominant factor causing young adults to put their faith in socialism: the Second Great Depression.

The Second Great Depression is not economic. It is a spiritual depression resulting from erosion of the traditional family, lack of purpose, isolation, and the diminishing influence of religion. And the depression is exacerbated by the effects of technology and social media. The easy drug of tech/entertainment can temporarily numb the depression by distraction. Every time one's mind might veer into thinking about existence, the meaning of life, the state of one's own soul, just reach for that smartphone and scroll those pesky thoughts aside. But this distraction drug is a dark placebo, leaving people feeling even emptier. Our culture is surely the most vapidly distracted culture in world history. And it is also surely one of the most depressed.

Something must fill the spiritual void and, historically, socialism often rushes in.

Something must fill the spiritual void and, historically, socialism often rushes in. We saw it happen around the world, throughout the 20th century. A charismatic "prophet" of socialism comes along when people are hurting, touting the solutions to what people think are the biggest threats, and in short order tyranny makes itself at home.

Traditionally, the spiritual anchor for broad swaths of America has been religion. God provided meaning, identity, morality, and hope amidst uncertainty. Now our culture says you can't be sure of any of those things. It says we can't even know if those things exist (much less God). It says you must find your own truth, find your own meaning. Don't follow God – follow your heart. This is now one of the most common missives our culture aims at its youth. Follow your heart is one of the most dangerous lies our culture preaches. The Old Testament book of Jeremiah says, "The heart is deceitful above all things and beyond cure. Who can understand it?" (Jer. 17:9).

The follow your heart culture yields to feelings above all else. And no political philosophy caters to feelings more than socialism, especially the feeling of feeling sorry for yourself. Socialism provides the glass-half-empty view of America. It delineates clear villains – the rich and corporations! And it promises instant solutions. It will knock those villains down to size by seizing the means of production and the power of taxation. Forget praying to God for anything, just pull the lever for your local socialist in the voting booth and you'll get instant answers to your greatest needs. Got student debt from your years at re-education camp? Poof! Wiped away. Can't make ends meet with that minimum wage job? Poof! Here's double the money. Having apocalyptic nightmares about climate change? Poof! Green New Deal to the rescue. For young, depressed, spiritually famished socialists, Bernie is a Moses-figure, descending the mountain with his concise list of oppressions and solutions, ready to lead them to the Promised Land. They call it "revolution."

Ever wonder why Democratic Socialists, Bernie supporters, and affiliated groups like Antifa are so enraged? In the absence of God, pressure is put on his replacement to bring fulfillment. Socialism, and ushering in a Green New Deal, and achieving their vision of real justice, simply must work or else. Because there is no alternative for them. These young American socialists regularly frame the importance of these things in existential terms. They've put all their faith in the socialist religion and if they can't force it on everyone – to the streets!

The desperation young Americans feel today is real, but it's very different from the desperation felt by Americans their age during the first Great Depression. The current desperation is borne of affluence – gaining the whole world but losing your soul. It's like a version of survivor's guilt. Having your physical needs met in such abundance, that you become restless and miserable without a spiritual compass to steer you into serving humanity. It's truly mind-boggling that so many young Americans could be raised with a roof over their head, clothes on their back, never missing a meal, and a college education to boot, yet develop contempt for the nation that built such an environment for them. "Bernie Bros" doesn't quite capture the reality of this skewed, self-indulgent Democratic Socialist perspective – it's more like Bernie Brats.

Socialism has always thrived in this gap of hopelessness and despair, because it is people looking to government as God.

Socialism has always thrived in this gap of hopelessness and despair, because it is people looking to government as God. Yet, perhaps the easiest trend to spot in world history is that government makes a terrible, disastrous, and often blood-soaked substitute for God.

We are in the Second Great Depression, but it's not physical starvation this time – it's spiritual starvation. And that makes this Depression even more dangerous to America. A young generation of Americans may have to learn the hard way that socialism will never satisfy their hunger, it will only make it worse.

Be sure to watch the latest Glenn TV Special – Bernie's Radicals: The Fires of Revolution – available now on demand, exclusively at

The Senate Judiciary Committee was set to vote on subpoenas to compel Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg to testify on alleged censorship and bias across their platforms. But that all changed when Republican committee members "expressed reservation about the maneuver," Politico reports.

Sen. Ted Cruz (R-Texas), who chairs Judiciary's Subcommittee on the Constitution, was definitely not one of the committee members with cold feet. On the radio program Tuesday, he told Glenn Beck that he's fighting "vociferously" to ensure Dorsey and others testify before the November 3rd election.

"Jack Dorsey and Mark Zuckerberg are both going to testify. They're are going to testify in person. They're going to testify before Election Day. That's what I think should happen," Cruz said. "That's what I'm fighting vociferously to happen. Right now, the companies are negotiating with the chairman's office to discuss terms to come voluntarily. I don't give a damn whether they come voluntarily or under subpoena. They need to testify in person and answer questions for the American people about why they are trying to steal this election, to suppress the free speech, and to censor the press."

The subpoenas would require Big Tech leaders to testify on the alleged "suppression and/or censorship" of two consecutive blockbuster stories from the New York Post. The first story was about emails that allegedly came from Hunter Biden's computer which are currently being investigated by the FBI, and the second was based on additional emails that allegedly showed communist China directly offering millions of dollars to then-Vice President Joe Biden.

"Big Tech stepped in, and they've done something they've never done before," Cruz explained. "We know that Big Tech has been censoring individual conservatives, trying to suppress conservative speech. But the step they took here is, they blocked if any individual user tried to share either of the New York Post stories, [they] were blocked ... Sharing a news story, from a major media outlet is part of democracy, part of free speech. And not only that, they blocked the New York Post itself. Right now, today, the New York Post is not being allowed to post its own damn stories on corruption. This is ridiculous. It's a threshold that's never been crossed before, of Silicon Valley oligarchs declaring the authority to determine what the press is allowed to report, and who is allowed to see it."

Watch the video below to catch more of the conversation:

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.

If we learned nothing from the media over the past 4 years it's that colluding with a foreign entity to either win an election or for personal gain is absolutely grotesque. Well, that depends on whether you have a (D) or (R) before your name anyway. President Trump was impeached on rumor and innuendo yet Joe Biden has all but skated on his corruption up to this point.

Below is a timeline that shows the level of corruption and the lengths the Biden's went to in order to build that family's wealth and influence internationally.


In 2009, Joe Biden was the brand-new Vice President and John Kerry was a U.S. Senator. Just five months after Joe was sworn in, his son Hunter, and Kerry's stepson, Christopher Heinz, formed an international private equity firm called Rosemont Capital. It had several different branches, including one called Rosemont Seneca Partners.


Just nine months after Rosemont Seneca opened its doors, Hunter Biden went to China for meetings with executives from China's biggest banks, and its sovereign wealth and social security funds. That's unheard-of access for a brand-new firm. Was it just coincidence that at the same time Hunter was meeting these Chinese bigwigs, his dad was meeting with China's then-president Hu Jintao in Washington DC at a nuclear security summit?


In May 2011, Joe Biden met with Chinese officials for the U.S.-China Strategic & Economic Dialogue conference in Washington. Just two weeks later, Hunter Biden went to Taiwan for meetings with the same Chinese financial giants he'd met in China in 2010, plus some new ones.


By December 2013, Joe Biden was enjoying his second term as VP, and John Kerry was now Secretary of State. That's when Joe traveled to Beijing on an extended official trip and Hunter traveled with him on Air Force Two.

During their stay, Vice President Biden met with President Xi and Hunter was mostly out of sight. We don't know exactly what he was up to, but the deal finalized between Rosemont Seneca and the Bank of China just ten days after the Bidens' trip pretty much gives it away. The most powerful financial institution in China formed a joint venture with tiny Rosemont Seneca to create a giant new investment firm called Bohai Harvest RST – the "RS" stands for Rosemont Seneca.

The firm is often called "BHR" for short.

Hunter Biden was a member of the Board. Remember, the Bank of China is government-owned, which means its business is completely intertwined with the goals of the Chinese Communist Party. BHR also got the freedom to operate in the newly created Shanghai Free-Trade Zone where, over the next six years, it would use $2.5 billion of Chinese government money to invest in China, as well as in other countries, including the U.S.

During their Beijing trip, Hunter also introduced Jonathan Li to his dad. Li is Hunter's business partner – he's CEO and Director of BHR.

Hunter arranged for Joe to meet Li in the lobby of the hotel where they stayed during their Beijing trip.


In 2014, one of BHR's first major investments was in the China General Nuclear Power Corporation.

CGN is a Chinese government-owned nuclear power company that sold off a stake of the company to outside investors. Problem is, CGN was under FBI investigation for paying informants in the U.S. to steal nuclear secrets.

In 2016, the FBI arrested the ringleader of this nuclear espionage, a man named Allen Ho.

When they arrested Ho, he was using a random code generator to access funds being provided to him from – where else? – the Bank of China.

Yet while this FBI probe was going on, the son of the Vice President owned a stake in the company being investigated. And even after arrests were made, Rosemont Seneca did not alter its relationship with BHR, nor did it divest from CGN, even though it was stealing U.S. nuclear secrets.


In 2015, BHR partnered with the Aviation Industry Corporation of China (AVIC) to buy an American company called Henniges for $600 million.

AVIC is a gigantic military contractor in China – think Lockheed Martin – that makes fighter jets, bombers and drones. BHR bought 49% of Henniges and AVIC bought 51%.

Henniges is a precision parts manufacturer specializing in anti-vibration technology. The stuff they make is known as "dual use" by the U.S. State Department, which means the technology can also have a military application.

Because of that, the deal had to be approved by the Committee on Foreign Investment in the U.S. (CFIUS) since it could have national security implications. The thing is, the American side of BHR – meaning Hunter Biden and his pals – had to know there were serious national security implications with AVIC.

The year before they formed a partnership with AVIC, the Wall Street Journal reported how AVIC stole technology related to the U.S. Air Force's F-35 stealth fighter and used it in its own stealth fighter for the Chinese.

How the Committee on Foreign Investment approved that deal remains a mystery. CFIUS does not publicly disclose any information regarding its decisions. Their findings are not publicly announced.

Interesting that China accounted for the largest share – with 74 transactions – approved by CFIUS during Obama's second term (2013-2015).

Under the umbrella of Rosemont Capital was a real estate company called Rosemont Realty. In 2015, a Chinese company called Gemini Investments bought a 75% stake in Rosemont Realty. The company was renamed Gemini Rosemont

Gemini brought $3 billion to the partnership with Rosemont, with the aim of buying "Class A institutional-quality commercial office properties in U.S. markets."

Red flag (literally) – Gemini Investments is a subsidiary of the China Ocean Shipping Company, a.k.a., "COSCO."

COSCO is a Chinese government-owned company. Its headquarters in Beijing is actually next to the headquarters of the Bank of China. COSCO is well-known for its close military ties. It's essentially a branch of the Chinese Navy.


In 2017, BHR invested in Face++. That's the facial recognition phone app built by a Chinese company that is incorporated in a separate app built by the Chinese government. Police in the Xinjiang [Sin-jong] region of China use that app to keep tabs on citizens, and track and detain Uiguhr [Wee-ger] Muslims.

The app allows police easy access to data about Chinese Muslims including things like religious activity, blood type, and even the amount of electricity they use.


In March 2018, a spokesman (Chris Bastardi) for Christopher Heinz (John Kerry's stepson) emailed The Hill to say that Heinz had "no operating role" in Rosemont Seneca, and that he was not involved in any of Rosemont's deals in China (which contradicts Schweizer's report in his book Secret Empires).

Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm's Chinese management team or investors.


In October 2019, Hunter Biden's lawyer, George Mesires, said Hunter did not conduct any business on that 2013 trip to Beijing with his Dad.

Mesires said the timing of BHR's business license getting approved was purely coincidental because the paperwork had been submitted months before the Bidens' China trip.

According to Hunter's lawyer, the approval " was not related in any way, shape or form to Hunter's visit."

Hunter Biden finally stepped down from the BHR board last October (2019), but he DID NOT give up his 10% stake in the company.

When Bevan Cooney — the former "junior" business partner to Hunter Biden and Devon Archer — went to jail in 2019, investigative reporter and New York Times bestselling author Peter Schweizer thought he'd never gain access to the damning emails Cooney had promised. That all changed three weeks ago when Schweizer was given complete access to Cooney's gmail account.

Schweizer joined Glenn Beck on the radio program Tuesday to describe just some of the business deals revealed within these emails — like Hunter working with an alleged Russian criminal and with Chinese communists to secure their assets, or to secure one-on-one time with his dad, then-Vice President Joe Biden. And all of this new information is completely separate from the emails allegedly discovered on Hunter Biden's laptop recently reported by the New York Post.

"So, I want to make this clear. This [Cooney's emails] has nothing to do with what's on the laptop … It didn't come from [Rudy] Giuliani. It didn't come from anybody else, right?" Glenn asked Schweizer.

"That's absolutely correct," Schweizer confirmed.

He briefly explained how Cooney, a former Los Angeles nightclub owner, is currently serving a prison sentence for his involvement in a fraudulent business bond scheme with Biden and Archer. From prison, Cooney gave Schweizer written permission to access his Gmail account.

"This is really important," he noted. "We're not looking at printouts. Not looking at PDFs. We're actually in his Gmail accounts themselves, sifting through these emails. And there's a shocking amount of information about deals involving China, involving Russia, involving all sorts of things they were trying to pull off."

Watch the video below to catch more of the conversation:

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.

The king of "No Spin" and bestselling author of "Killing Crazy Horse," Bill O'Reilly joined Glenn Beck on this week's podcast to talk about the latest developments in Joe Biden's Ukraine and China corruption scandal. Now that some of the details are finally coming out in the open, does the average Democrat care? Maybe, but the Left doesn't seem to.

O'Reilly argued there's more hatred for President Donald Trump now than in 2016, and that some people hate President Trump so much that they'd rather vote for the "senile, corrupt" Joe Biden.

"Hunter got tens of millions of dollars from Ukraine, from Russia, from China because his father was vice president. I have no doubt in my mind," O'Reilly said. "But the hatred for Donald Trump overrides that in the minds of millions of viewers. They're saying, 'You know, we'd rather have the senile corrupt guy than Trump.'"

Asked by Glenn if any other Republican running for president would be met with the same level of vitriol, O'Reilly answered, "The Left is the Left. They don't like America. The want to redo the Constitution. They want to take some of our freedoms, like the Second Amendment and the First Amendment, and change them. And they want to destroy capitalism and replace it with a big centralized government in Washington that controls the economy … but I'm talking about the folks. I have liberal friends and I say to them, 'Do you not understand that when you vote for Biden, you're voting against your own self interest?'"

Watch the video clip from the full podcast below, or find the full episode HERE:

Want to listen to more Glenn Beck podcasts?

Subscribe to Glenn Beck's channel on YouTube for FREE access to more of his masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, or subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.