Glenn Beck: Bailout opposition growing


Senator Jim DeMint of South Carolina

GLENN: A voice that we have grown to trust on this program from South Carolina, U.S. Senator Jim DeMint is with us now. Senator, you said, and I quote, it is a sad fact that Americans can no longer trust the economic information that they are getting from this administration.

SENATOR DeMINT: You are exactly right, Glenn. We've heard all year long that we've got a crisis. And first it was $150 billion to send checks to every American. That didn't work. Then we needed $300 billion to bail out some mortgage bankers. That didn't work. Then they wanted to blame for Fannie Mae but promised they wouldn't use it. They did use it. And now they want nearly a trillion dollars to put a Band Aid on this to get us past the next election.

GLENN: I believe Paulson lied to you, I think it was Paulson lied to you yesterday when he said this is the maximum of $700 billion that we want and we won't use a dollar more, and I don't believe for this to work, it's going to take $2 trillion. There's just no way this is $700 billion, no way.

SENATOR DeMINT: I mean, this, even at $700 billion, that's $10,000 for every American family and the folks who don't think they will have to pay it, they will because the value of our dollar and what we can buy with it is going to continue to decline because this country has so much debt and other countries are losing confidence in our ability to pay it back. So I think any good this thing might do in the short term is going to be wiped out by long term problems.

GLENN: When you say you can't trust this administration, the information that is coming out there, do you believe, Senator you know, I don't want to put you on the spot. Here's what I believe and you tell me and you take it from there. I believe that we are in a catastrophe mode that last week we were on the eve of October 1929, massive, massive failure of our system. I believe this is not really even designed to work. It is designed to slowly collapse this system as opposed to having the plane fall right out of the sky. Do you have a sunnier version of that?

SENATOR DeMINT: Well, I think the truth is no one really knows. I mean, clearly we've got a lot of bad mortgages that have been guaranteed by the government, spread throughout our financial system, and there will be a credit crunch. There's going to be a tightening of credit. And the thought is that we throw all this money into the system that credit will be loosened up, but that's going to take a while to do. And if basically we're socializing our economic system.

GLENN: Right.

SENATOR DeMINT: No one should be fooled by this at all. And once if government gets into something, it never gets out. We're basically selling out our free enterprise system here. And for my part, I can't see how we can ask men and women to go around the world, fight and die for freedom when we're going to sell it out here. I mean, under the guise of trying to stop a recession. The real frustrating thing, Glenn, is there are some things that we could do to make the free market work better. I mean, we could lower our corporate tax rate. We know we need to do that. We could eliminate the capital gains tax. We could fix Sarbanes Oxley that's chasing capital offshore.

GLENN: Yes.

SENATOR DeMINT: We could open up our own energy and stop sending our money overseas. These things are obvious but we don't do anything to help the economy work but we're looking at doing nearly a trillion dollars as a down payment. Like you said, I think it's just a down payment.

GLENN: Okay. Senator, I have been against every single one of these bailouts. This one I have said that I am for because I believe it is slow down catastrophe. However, there are caveats to that. Congress is taking this thing and I mean, introducing judges to be able to negotiate your renegotiate your interest level and your mortgage payments and everything else. And then the other disturbing thing that I'm starting to hear, I heard a lot of talk about it yesterday in the United Nations and everything else. United Nations is now saying to stem this, we must have one global financial system. You have China saying we need one global currency. You're starting to hear these things, making me believe that there's a lot of people in this that would certainly love to design a global financial system. Is that just talk of a raving madman?

SENATOR DeMINT: No. I mean, the government can't get in it without trying to manage the whole thing. I mean, we've seen that in education, we're seeing it in healthcare. You've seen what they've done in the whole energy business. And once they get into the credit market, they are not only going to be talking about CEO compensation, what the interest rates are, who can get a loan, who can't get a loan, and that's how this whole problem started is we wanted everyone to have a house whether they could afford it or not. We've created easy credit, government backed loans and we are bringing down our financial market.

GLENN: Senator, I have 20 seconds here. Can I hold you past the break or do you have another you've got to cut and run?

SENATOR DeMINT: No, I can wait another five, seven how long will you be?

GLENN: Just a couple minutes and then we'll continue after the break and we'll continue our conversation because I'd like you to spell out in the most pithy way exactly why Americans should be against this or for it. You are obviously against it. Why they should be against it and what they can do to make sure the people in congress hear their voice, coming up.

(OUT 9:30)

GLENN: We're talking about this bailout package and as I have told you before, I am for the bailout package, however that is getting weaker and weaker as the days go on because it is getting more and more caveats and it is becoming worse and worse. Congress does exactly what congress always does. They have not sensed what is really coming around the corner and they are trying to load it up with special interests and making sure they take care of all their boys and making sure that they score political points. And also there's the other side of growing cries of socialism and one world government, one world control of the financial system here in the last week and that should make the hair stand on the back of your head. So we go back to Senator DeMint now.

Tell me exactly what you think the worst case or the worst point of this bailout bill is.

SENATOR DeMINT: It will increase our national debt to the point where our dollar will begin to lose confidence around the world, which means our dollar will be worth a fraction of what it is today. And we're already in a position where we can't pay our debts. This just pushes us over the cliffs in my mind. And I think the second part of that is there's no example in our history of a government actually taking something over and running it well. It's ruined our education system, it's ruined our healthcare system, our transportation system. And the financial markets are the most complex and dynamic part of our economy. The government cannot come in and buy it. And just as you were starting to explain before the break is once they get into it, then you start looking at globalization of rules, the United Nations involved with what we're doing here because these bad mortgages are all over the world now. They've been sold with government guarantees all over the country as part of our debt package. And these other countries are demanding we make them good. So this government's dug a big hole for us and we can't get out without some pain. But I think we can get out of this because I really do believe that the American people and our economic structure will work if we just take the burden of bad government, overtaxation, regulation off of it and that is something we could do in a week if we were willing to do it.

GLENN: Senator, what can the average person do? Just call the Senate and call the House and say absolutely no bailout, and will people actually listen to the American people?

SENATOR DeMINT: They will. I mean, there were only a few of us trying to stop the immigration bill and millions of Americans called and e mailed and wrote. The same thing with earmarks. We're almost going to we're close to winning that battle because people have gotten angry and engaged. We're going to lift the moratorium on drilling because people got angry. And after they heard the truth from you and others around the country. If they e mail and call and they show their anger to their congressmen and senators and they don't settle for this double speak of, "Oh, well, we have to do it but we're going to protect the taxpayer," that's a bunch of baloney. Once the government gets into this business, I mean, we have socialized our economy. So the anger of the American people is what's needed now and we could win if people call in. Everyone listening to your show today, if they called, I guarantee you the Democrats would back off of this thing and leave the President to hold it.

GLENN: All right. Senator, I sure appreciate all of your hard work and we would love to have you back in the coming base and update us on that.

Protests following the fatal police shooting of Walter Wallace Jr quickly devolved into violence, rioting, and looting in Philadelphia, and BlazeTV's Elijah Schaffer was there to document what the mainstream media won't. But while filming the carnage inside a Five Below on Tuesday, Elijah was surrounded and attacked by looters.

Elijah joined Glenn Beck on the radio program Wednesday to detail his experience and to explain why mainstream media efforts to downplay the violence just show that independent media has never been more important.

"Unfortunately, [the attack] escalated from one person to about a dozen very quickly," Elijah explained. "I'm actually really happy to be alive. Because in that same shopping center, right there, there was a 15-year-old girl who was shot, according to reports. And I heard multiple gunshots throughout the night. Another individual is reported to have heard a gunshot as well, so we try to confirm. I watched people get pummeled beyond belief."

Glenn asked Elijah to respond to mainstream media claims that conservatives are exaggerating the looting and violence in Philadelphia.

"It's so funny to hear people that aren't there try to counter what we're reporting," Elijah replied.

Watch the video below to catch more of the conversation:

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In the final days before the 2020 election, President Donald Trump is gaining among black voters, particularly men, because his record of accomplishments "speaks for itself" and the "façade" that President Trump is a racist "just doesn't ring true," argued sports columnist Jason Whitlock on "The Glenn Beck Radio Program" Tuesday.

Jason, who recently interviewed the president at the White House for OutKick.com, shared his thoughts on why he believes many black Americans — notably celebrities such as Kanye West, Ice Cube, and 50 Cent — are breaking from the "façade" that President Trump is a "flaming racist."

"I really believe the facts are starting to speak for themselves, and that Donald Trump's record of accomplishments, particularly as it relates to African Americans, speaks for itself," Jason told Glenn. "He actually has a record to stand on, unlike even Barack Obama. When [Obama] was president, I don't think he had much of a record to stand on, in terms of, 'Hey, what did he actually deliver for African Americans?' President Trump has things he can stand on and, you know, beyond that I think black people understand when he starts talking about black unemployment rate. And America's unemployment rate. And then, when you add in for black men, the façade we've been putting on [President Trump] … you know, this whole thing that he's some flaming racist, it just doesn't ring true."

Jason suggested that Trump's fearlessness, unabashed masculinity, and record of keeping his promises resonates with men in the black community. He also weighed in on how media and social media's bias plays a huge role in convincing people to hate President Trump while ignoring Antifa and others on the Left.

"I keep explaining to people, Twitter, Instagram, Facebook, they're some of the most secular places on earth. And we've reduced everyone to a tweet, that we disagree with," he added.

Watch the video below to catch more of the conversation:

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Megyn Kelly is not happy about the "disgusting" media coverage of President Donald Trump, specifically pointing to Lesley Stahl's "60 Minutes" interview on CBS Sunday.

On the radio program, Megyn told Glenn Beck the media has become so blinded by the "Trump Derangement Syndrome" that they've lost their own credibility — and now they can't get it back.

"It's disgusting. It's stomach-turning," Megyn said of the media's coverage of the president. "But it's just a continuation of what we've seen over the past couple of years. Their 'Trump Derangement Syndrome' has blinded them to what they're doing to their own credibility. They can't get it back. It's too late. They've already sacrificed it. And now no one is listening to them other than the hard partisans for whom they craft their news."

Megyn also discussed how she would have covered the recent stories about Hunter and Joe Biden's alleged corruption. Watch the video below to catch more of the conversation:


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Imagine sometime next year, getting called before HUWAC – the House Un-Woke Activities Committee.

"Are you or have you ever been a member of the un-woke?"

Something like that is not as far-fetched as you might think.

Last week, Robert Reich, the former Secretary of Labor during the Clinton administration, now a UC Berkeley professor, tweeted this:

Since the 1970s, there have been dozens of "Truth Commissions" around the world like the kind Robert Reich wants in America. Most of these have been set up in Africa and Latin America. Usually it happens in countries after a civil war, or where there's been a regime change – a dictator is finally overthrown, and a commission is set up to address atrocities that happened under the dictator. Or, as in the commissions in East Germany and Czechoslovakia, atrocities under communism. Or, in the most famous example, South Africa's Truth and Reconciliation commission addressed the decades of apartheid that ravaged that nation.

These commissions usually conclude with an official final report. These commissions and reports have served as a means of governments trying to close a dark chapter of their country's history, or provide emotional catharsis, as a way to generally move on. Sometimes it kind of works for people, most of the time it leaves people clamoring for more justice.

Here's how one professor described truth commissions in an article in The Conversation last year. He wrote:

The goal of a truth commission… is to hold public hearings to establish the scale and impact of a past injustice, typically involving wide-scale human rights abuses, and make it part of the permanent, unassailable public record. Truth commissions also officially recognize victims and perpetrators in an effort to move beyond the painful past… Some have been used cynically as tools for governments to legitimize themselves by pretending they have dealt with painful history when they have only kicked the can down the road.

See, this is the problem with a lot of "Truth" commissions – they are inherently political. Even if you trust your government and give them all the benefit of the doubt in the world that their Truth commission is trying to do the right thing, it is ALWAYS going to be political. Because these truth commissions are never set up by those who have LOST power in government. They're always established by those who have WON power.

The Deputy Executive Director of the International Center for Transitional Justice says one of the main points in these Truth commissions is that "the victims become protagonists."

A Department of Anti-racism is entirely within the realm of possibility.

So, who are the victims in Robert Reich's America? People like him, members of the far-Left who had to endure the atrocities of four years of a president with different political ideas. What an injustice. I mean, the left's suffering during the Trump administration is almost on the level of apartheid or genocide – so we totally need a Truth commission.

There have been lots of calls for the U.S. to have its own Truth and Reconciliation commission, especially around racial injustice.

This past June, Democratic Congresswoman Barbara Lee of California introduced legislation to establish the " United States Commission on Truth, Racial Healing, and Transformation."

Ibram X. Kendi – the high priest of anti-racism, and author of Target's current favorite book " Antiracist Baby" – proposes a Constitutional anti-racism amendment. This amendment would:

establish and permanently fund the Department of Anti-racism (DOA) comprised of formally trained experts on racism and no political appointees. The DOA would be responsible for pre-clearing all local, state and federal public policies to ensure they won't yield racial inequity, monitor those policies, investigate private racist policies when racial inequity surfaces, and monitor public officials for expressions of racist ideas. The DOA would be empowered with disciplinary tools to wield over and against policymakers and public officials who do not voluntarily change their racist policy and ideas.

If you think that is far-fetched, you haven't been paying attention to the Left's growing radicalism. In a Joe Biden-Kamala Harris administration, a Department of Anti-racism is entirely within the realm of possibility. And of course, such a DOA would never stop at policing government.

We're in a dangerous, precarious moment in our history. Given the events of 2020, should Democrats gain the White House, the Senate, and the House, how many commissions will be in our future? They will suddenly have plenty of political capital to drag the nation through years of commission hearings.

And the Left's form of justice is never satisfied. You think it will stop at a T&R commission on race? MSNBC's Chris Hayes tweeted this month about the need for a commission to deal with Americans who are skeptical about wearing masks:

Or what about a Truth commission on religion? I mean, look at those reckless churches spreading Covid this year. Or this would be a big one – a T&R commission on climate change deniers.

The Left is highly selective when it comes to truth. That's why they are the very last group you want in charge of anything with "Truth and Reconciliation" in the title.

This is one of the most incredibly frustrating things about the Left in America today. The Left insists there is no such thing as absolute truth, while simultaneously insisting there are certain approved truths that are undeniable.

So, you can't question "Science" – even though that's pretty much what every great scientist in history did.

You can't question racism as the explanation for all of existence – because, well, just because.

You can't question third-party "Fact-checkers" – because the powers that be, mainly Big Tech right now, have decided they are the Truth referees and you have to trust what they say because they're using certified external fact-checkers. They just forgot to tell you that they actually fund these third-party fact-checkers. It's like if McDonald's told you to trust third-party health inspectors that they were paying for.

The Left thinks it has a monopoly on Truth. They're the enlightened ones, because they've had the correct instruction, they're privy to the actual facts. It's psychotic arrogance. If you don't buy what they're selling, even if you're just skeptical of it, it's because you either don't have the facts, you willingly deny the facts, or you're simply incapable of grasping the truth because you're blinded by your raging racism problem. It's most likely the racism problem.

The Left never learns from its own preaching. For the past 60-plus years they've decried the House Un-American Activities Committee for trying to root out communists, getting people canceled, ruining Hollywood careers, etcetera. But a HUAC-type committee is precisely what Robert Reich is describing and many on the Left want. It's not enough for Trump to be voted out of office. Americans who helped put him there must be punished. They don't want reconciliation, they want retribution. Because the Left doesn't simply loathe Donald Trump, the Left loathes YOU.