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.

A recent report from Rolling Stone details a public letter sent to Spotify — signed by "270 physicians and scientists" — demanding that the platform implement a "misinformation policy" in response to Joe Rogan's recent interview with Dr. Robert Malone on “The Joe Rogan Experience.”

"This is absolute fascism," Glenn Beck said on the radio program. "There is no safe space. They're coming after talk radio. They're coming after our podcasts. They're coming after our websites."

Glenn said this is this is just one more example of the left's crackdown on freedom of speech and further prove of their ongoing fight against free thinkers or anybody who wants to have an open conversation that may include ideas contrary to what they believe.

Watch the video clip below to catch more of the conversation:


Get your copy of Glenn and Justin’s new book, ‘The Great Reset: Joe Biden And The Rise Of 21st Century Fascism’ available now.

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There is no transparency when it comes to the Biden administration, and Texas Republican Sen. Ted Cruz's recent exchange with the FBI’s Jill Sanborn is just another example. When questioned about alleged involvement the FBI had on January 6, 2021, Sanborn refused to answer almost every single time.

Do our government officials still work for us? Take a look at the latest headlines: The DOJ and U.S. Army are preparing for possible conflicts with "domestic terrorists," Biden's education secretary allegedly requested the NSBA letter that suggested treating upset parents like domestic terrorists, and President Biden said if you're not with him on the Democrats' voting bills, then you're with the Confederacy. Meanwhile, the FBI won't tell Congress whether it was involved in the the Jan. 6 Capitol riot and the corporate media insists that there's nothing to see here, especially concerning Ray Epps.

The American people are concerned, and it’s "extraordinarily disturbing" how far the federal government goes to avoid answering our questions, Glenn Beck said on the radio program. There's a very odd growing trend here: Our leaders, including the unelected ones, no longer answer to the people. This must stop now.

"The question that I have is, where is the transparency? And is anyone going to be held accountable? They are not afraid of our senators. They are not afraid of Congress," he stated. "This has got to stop. They have got to answer to the law. This is an oversight committee. Who is in charge, the FBI or the people? Once the people are not in charge and are not allowed to see the secret documents, we are toast. Toast!"

Watch the video clip below to hear for more from Glenn:

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Have you ever wondered why so many insane things are happening simultaneously RIGHT NOW? Big corporations are going woke. The stock market got red-hot during a FORCED recession. Stores like Walmart and Target were allowed to stay open during the lockdown, but mom-and-pop stores on Main Street had to close, some of them forever.

On Wednesday's "GlennTV" special, Glenn Beck explains it all in this sneak-peek episode — a primer to his new book and the upcoming explosive, in-depth special: “The Great Reset: Joe Biden & the Rise of 21st-Century Fascism.” Co-author Justin Haskins joins along with Glenn’s head writer and researcher, Jason Buttrill, to answer audience questions about a topic that the media has tried to censor and “fact-check.” You will be equipped with everything you need to know about what the global elites of the world have planned for the transformation of society and YOUR life.

Watch the full episode of "Glenn TV" below:


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After new information came out that suggests Dr. Anthony Fauci intimidated and bribed scientists into dismissing the COVID-19 lab-leak theory, Sen. Rand Paul and Fauci got into a heated debate in a Senate hearing. But instead of providing answers, Fauci accused Sen. Paul of endangering him.

Sen. Paul joined "The Glenn Beck Program" Wednesday with his response and explained why he believes "people live in fear of what [Fauci] will do to them."

"It's all about money. If you cross Tony Fauci, you don't get your money. He controls the purse strings for the entire country, the entire university system. And he's been doing it for forty years," Sen. Paul began.

"It's consistent with his arrogance, this level of arrogance that he's developed. He said several weeks ago, that he is science and any attack on him is an attack on science. Yesterday, he said anybody who opposes him is encouraging death threats," he added.

"Look, I've been on the receiving end of semi-automatic gunfire. I was 20 yards away from Steve Scalise when he almost died. I was 10 feet away from a staffer that was shot. And, you know what? The guy doing the shooting was a Bernie Sanders supporter. But not one of us, not one of the Republicans on the ball field, said, 'Oh, it was Bernie Sanders' fault.' But that's the juvenile level of personal attack that Fauci is now stooping to. He is saying that the personal threats he gets are actually the fault of his critics."

Sen. Paul continued, "But the thing is, [Fauci] needs to answer the question. Everything he did in the committee yesterday was misdirection so he didn't have to answer the question. The question was, why did he smear three scientists from Stanford, Oxford, and Harvard? Why did he smear them as fringe epidemiologists? And why did he conspire against Francis Collins to take them down in a very public way? He wouldn't answer the question."

Watch the video clip below to hear more of Glenn's conversation with Sen. Rand Paul:


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