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.

Glenn has focused on exposing the dark side of the gender movements waging our culture war, and now, there's a new "trend" emerging as an offshoot to the transgender movement. A growing online community, particularly of men, who consider themselves "involuntarily celibate" or "incels" believe they can live a better life as a trans woman. Why? This community purports the world is rigged against men, particularly against traditionally "unattractive men." What's the solution? Stop being a man...

Incel or "involutarily celibate" communities have existed online in the dark corners of Reddit and Discord for years. The groups are marked by a hatred towards women, blaming them for rigging the world in their favor and denying them of sex. Several members of this growing community have been responsible for large acts of violence, most notably Alek Minassian, who killed 10 and injured 16 after driving a van into a busy area of Toronto in 2021.

However, the transgender movement has presented a new option for incel members: if you can't beat 'em, join 'em... or, in the Transmaxxers' case, "become them."

The online Transmaxxer's Manifesto says, “Since females have the upper hand on the dating market, transitioning from male to female will usually improve your options when it comes to getting sex.” According to the manifesto, transitioning to female not only opens up a different pool of sexual partners, but moreover, you gain access to female-only spaces and are “able to extract resources from males.”

“Since females have the upper hand on the dating market, transitioning from male to female will usually improve your options when it comes to getting sex.”

Another member wrote, "If you do not currently feel like living as a female you might have to work on fixing that ... Identifying as male or being emotionally attached to a male body is bad for you if being male results in you living a bad life.”

This new movement is significant because it is in stark contrast to the mainstream narrative that "transgenderism" is an innate quality. Now, it can be an "option" people choose for social advantage. A moderator going by the alias “Vintologi” on the Transmaxxing Discord server, which boasts over 1,200 members, told The Daily Caller:

Transmaxxing is about transitioning for personal gain rather than focusing on things like "gender identity." ... What matters when it comes to medical transition is whether or not said transition would actually be beneficial, thus the extent to which gender identity is innate does not inform us much regarding when medical transition is appropriate.

One incel member on Reddit lamented that he can't Transmaxx to "have sex with white trans women" and to have "all the benefits of [being] female."

Transmaxxing sheds light on a concerning issue as an increasing number of people, particularly the youth, identify as "transgender." What used to be considered as a "finge case" is now being seen as a social advantage. Glenn recently sat down with de-transitioner Chloe Cole, and the amount of pressure she experienced to become a transgender man AS A TEENAGER was ASTOUNDING. She discussed the new community, friendships, and affirmation she gained when she started her transition journey, and she lost ALL of those social perks when she began de-transitioning. She exchanged affirmation for death-threats, friendships for stone-cold silence.

Transmaxxing is a very specific example of a larger movement that is deeply concerning. Not only is the thansgender ideology problematic on its own merits, but now, we are seeing a rise of a distinction of "social advantage" based on gender affiliation. This is deviating away from the original notion that transgenderism is an innate quality. Now, many consider it more "socially advantageous" to identify as transgender than with your biological gender.

At the same time President Biden's misplaced classified documents were sitting in his house, garage, and office at the Penn Biden Center, a whole lot of Chinese money was flowing around him. Is this just a coincidence, or did the Chinese get anything in return? Investigative journalist John Solomon joins to break down what was going on here ...

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Here are 5 RIDICULOUS moments from the Davos summit

Dimitrios Kambouris / Staff, FABRICE COFFRINI / Contributor, JOSEPH EID / Contributor | Getty Images

Glenn has been warning about the dangers of the World Economic Forum and The Great Reset, which is the WEF's goal to utilize the crises like the COVID pandemic to create a leftist Utopia. Now, these goals continue to take shape at the World Economic Forum summit in Davos. Here are five ridiculous moments from this year's summit that shed light on their ultimate vision Glenn has been warning about.

1. Ex-CNN host Brian Stelter hosts the WEF panel on "disinformation," calling for the criminalization of "hate speech" in the U.S.

The former host of Reliable Sources was fired from CNN in 2022 for raking in the network's worst ratings since 2019. CNN's CEO at the time, Chris Licht, accused Stelter of "drawing ire from conservatives" for misrepresenting the facts and propagating false narratives to demonize conservatives. Licht fired Stelter because he was a liability to CNN's attempt to "re-brand" itself as a "reliable" news source.

You would think the World Economic Forum could have found a more credible host for its "disinformation," than Brian Stelter, and it comes with little surprise Stelter's panel called for the continued censorship of conservatives.

Stelter asked his panel, "How does this discussion of disinformation relate to everything else happening today in Davos?"

Vice-President of the European Commission Vera Jourová answered "illegal hate speech" from right-wing extremists, and then called for the criminalization of hate speech in the U.S., asserting, "I think that we have a strong reason why we have this in the criminal law" within the EU.

As former Trump advisor Stephen Miller pointed out, Stelter's refusal to further challenge Jourová's call for censorship is indicative of his failed career as a journalist.

2. Al Gore warns of "rain bombs," "boiling oceans," and "xenophobia" as a result of climate change.

Gore's speech "speaks" for itself...

After asserting that we're creating an "open sewer" in the troposphere, Gore exclaimed:

That’s what’s boiling the oceans, creating these atmospheric rivers, and the rain bombs, and sucking the moisture out of the land, and creating the droughts, and melting the ice and raising the sea level, and causing these waves of climate refugees!
Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a>

Speaking of refugees, Gore blamed the mass migrations of people on... you guessed it... climate change! Of course this leads to "xenophobia" and "fascism," so if we hate "xenophobia" and "fascism," we need to stop climate change IMMEDIATELY. Plus the rain bombs...

Does this sound reminiscent of the "Man-Bear-Pig?"

Courtesy of South Park

3. Siemens AG Chairman Jim Hagemann urges for 1 million people to NOT eat meat—predicting a "meatless future."

It wouldn't be a World Economic Forum summit if bugs didn't take center stage. Siemens AG Chairman Jim Hagemann said he was inspired by his 24-year-old daughter to stop eating meat to fight climate change and urged one million people to stop eating meat to balance out jet emissions—like the jets his fellow attendees used to travel to the conference?

Here's what he said:

If a billion people stop eating meat, I tell you, it has a big impact. Not only does it have a big impact on the current food system, but it will also inspire innovation of food systems."
Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a>

Of course, finding "alternative sources of protein" means... you guessed it... BUGS. The EU is already cutting down on cattle farms and promoting the building of insect farms to initiate this "protein transition."

4. John Kerry calls Davos attendees a "select group" with an "almost extraterrestrial" plan to save the planet.

Kerry's opening speech at Davos shows the type of elitism the attendees believe about themselves. They are the "special ones" who can gather at a Swiss resort town to discuss how to "save the planet" and the "little people" who are too ignorant to have a say in the matter. His words speak for themselves:

When you start to think about it, it's pretty extraordinary that we — select group of human beings because of whatever touched us at some point in our lives — are able to sit in a room and come together and actually talk about saving the planet [...] I mean, it's so almost extraterrestrial to think about saving the planet [...] f you say that to most people, most people think you're just a crazy, tree-hugging, lefty liberal, you know, do-gooder, or whatever, and there's no relationship. But really, that's where we are.
Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a>

Well, not everyone was amused...

Businessman and conservative Tim Acheson called Kerry’s words, "Liberal delusions of grandeur." Jordan Peterson also tweeted, "Who are you going to sacrifice to save the planet, @JohnKerry -- and do you think and how will you ensure that they have any say in the matter?"

5. Davos attendees traveled on more than 1,000 private jets to the conference.

Greenspace, an environmentalist research group, estimates the total emissions used by Davos attendees on their private jets while traveling to the conference is equivalent to "about 350,000 average cars."

Greenspace also found that 53 percent of all private jet trips were short-haul flights of less than 470 nautical miles that "could have easily been train trips." This comes amid the EU's push to ban short-distance flights and opt for train travel instead, which many continue to point out.

Closing thoughts

What once sounded like conspiracy theories are now taking shape amongst the global elites at Davos. As Glenn continues to shed light on the dangers of the World Economic Forum, here's how YOU can fight back against their goals that threaten our freedoms and democracy.

In honor of the World Economic Forum summit in Davos, we would like to resurrect this gem from Glenn's Instagram archive. If "the Great Reset" doesn't work out, Schwab should consider reaching out to the Bond franchise for a Plan-B career.

Be sure to follow Glenn on Instagram for more!

This is part of our ongoing series on "The Great Reset." To read similar content, click here.