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.

Time after time, Americans have taken to the streets to defend our constitutional rights, whether it was our livelihood at stake -- or our lives. But, what was the point of all the civil rights movements that came before, if we're about to let the government take our rights away now?

On his Wednesday night special, Glenn Beck argued that Americans are tired of having our rights trampled by "tyrannical" leaders from state and local governments who are ignoring our unalienable rights during this pandemic.

"Our nanny state has gone too far. The men and women in office -- the ones closest to our communities, our towns, our cities -- are now taking advantage of our fear," Glenn said. "Like our brothers and sisters of the past, we need to start making the decisions that will put our destiny, and our children's destiny, back into our hands."

It took less than two months of the coronavirus tyranny to make America unrecognizable, but some Americans are fighting back, risking losing their jobs and businesses or even jail time, as they battle to take back our civil rights.

Here are just a few of their stories:

After New Jersey's Atilis Gym reopened in defiance of the governor's executive order, the Department of Health shut them down for "posing a threat to the public health." Co-owner Ian Smith says somebody sabotaged the gym's toilets with enire rolls of paper to create the public health "threat."

Oregon Salon owner, Lindsey Graham, was fined $14 thousand for reopening. She said she was visited by numerous government organizations, including Child Protective Services, in what she believes are bullying tactics straight from the governor's office.

77-year-old Michigan barber, Karl Manke, refused to close his shop even when facing arrest. "I couldn't go another 30 days without an income," he said. But when local police refused to arrest him, Gov. Gretchen Whitmer's (D) office suspending his business license instead.

Port of Seattle police officer Greg Anderson was suspended after he spoke out against enforcing what he called "tyrannical orders" imposed amid coronavirus lockdowns.

Kentucky mother-of-seven, Mary Sabbatino, found herself under investigation for alleged child abuse after breaking social distancing rules at a bank. After a social worker from child protective services determined there was no sign of abuse, he still sought to investigate why the Sabbatino's are homeschooling, and how they can give "adequate attention to that many children."

Dallas salon owner Shelley Luther was sentenced to seven days in jail after she defied the state-mandated stay-at-home orders to reopen her business.

Watch the video clip from Glenn's special below:


Watch the full special on BlazeTV YouTube here.

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It took less than two months of the coronavirus tyranny to make America unrecognizable. Leaders from state and local governments across the U.S. have flattened the curve of some of our most basic constitutional rights, but some Americans are fighting back — and risking jail time or losing their businesses.

On Wednesday night's GBTV special, Glenn Beck argued that we're witnessing the birth of a new civil rights movement — and it's time to build a coalition of common sense to keep America as we know it free.

Watch the full special below:

Use code GLENN to save $10 on one year of BlazeTV.

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 multiplatform network of voices who love America, defend the Constitution and live the American dream.

On the radio program Thursday, Glenn Beck sat down with chief researcher Jason Buttrill to go over two bombshell developments that have recently come to light regarding former Vice President Joe Biden's role in the 2016 dismissal of Ukrainian Prosecutor General Viktor Shokin.

"Wow! Two huge stories dropped within about 24 hours of each other," Jason began. He went on to explain that a court ruling in Ukraine has just prompted an "actual criminal investigation against Joe Biden in Ukraine."

This stunning development coincided with the release of leaked phone conversations, which took place in late 2015 and early 2016, allegedly among then-Vice President Biden, Secretary of State John Kerry, and Ukraine's former President Petro Poroshenko.

One of the audiotapes seems to confirm allegations of a quid pro quo between Biden and Poroshenko, with the later admitting that he asked Shokin to resign despite having no evidence of him "doing anything wrong" in exchange for a $1 billion loan guarantee.

"Poroshenko said, 'despite the fact that we didn't have any corruption charges on [Shokin], and we don't have any information about him doing something wrong, I asked him to resign,'" Jason explained. "But none of the Western media is pointing this out."

Watch the video below for more details:


Listen to the released audiotapes in full here.

Use code GLENN to save $10 on one year of BlazeTV.

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 multiplatform network of voices who love America, defend the Constitution and live the American dream.

A recently declassified email, written by former National Security Adviser Susan Rice and sent herself on the day of President Donald Trump's inauguration, reveals the players involved in the origins of the Trump-Russia probe and "unmasking" of then-incoming National Security Adviser, Gen. Michael Flynn.

Rice's email details a meeting in the Oval Office on Jan 5, 2017, which included herself, former FBI Director James Comey, former Deputy Attorney General Sally Yates, former Vice President Joe Biden, and former President Barack Obama. Acting Director of National Intelligence, Richard Grenell, fully declassified the email recently amid President Trump's repeated references to "Obamagate" and claims that Obama "used his last weeks in office to target incoming officials and sabotage the new administration."

On Glenn Beck's Wednesday night special, Glenn broke down the details of Rice's email and discussed what they reveal about the Obama administration officials involved in the Russia investigation's origins.

Watch the video clip below: