Glenn Beck - Gingrich: Paulson ought to be fired


Drill Here, Drill Now, Pay Less: A Handbook for Slashing Gas Prices and Solving Our Energy Crisis

GLENN: Let me go to Newt Gingrich. Newt, I haven't -- I'm sorry to say I've been busy doing my own homework today on the ins and outs of all of this stuff. I don't even know where you stand on this bailout bill. Please, dear God, tell me you're against it.

GINGRICH: I'm not sure if I were in the congress I could vote against it. I think -- I mean, if I was the deciding vote, I think a lot of people will vote against it, but I have been talking to people who I respect in the business community who genuinely believe we're on the edge of a meltdown of just historic proportions comparable to the 1920s.

GLENN: Okay. I agree with you on that. And Newt, I've been saying for a long time, this is coming. I believe even with this bailout, it is coming. Can you -- have you heard any of these experts guarantee or give you a good sense that this bailout will stop that from happening?

GINGRICH: No. Let me be clear. I'm about as unhappy as anybody you know. I think that Secretary Paulson ought to be fired. I think this bill has been improved significantly by McCain and by the House Republicans but it is still a bad bill. But I also believe if you have a Democratic congress that the odds are pretty good that none of the things you really need to get done are going to get done. What we ought to be doing is repealing Sarbanes-Oxley which has become a huge mess, we ought to be going to zero capital gains tax. We ought to be reducing the American corporate tax to match Irelands 12%. There are a lot of things we could be doing. We should be controlling spending. We should have an energy bill that is decisive in bringing home most of the $700 billion a year we're sending to foreign countries, many of them dictators opposed to us. I've written a recent book, Drill Here, Drill Now, Pay Less. We have a movie which illustrates the maddening reality that we have more than enough energy in the U.S. and that it is our political system and our government which is blocking us from developing our own energy. So I mean, if you are asking me how big do I think the changes need to be, beyond the capacity of any of these folks who are currently engaged. I think we the American people are going to have to rebel to such a degree that you may well have a third party by 2012 because I just think the sickness of watching the system and the degree to which the Bush administration has failed is historic.

GLENN: Here is the problem with the bill as I see it. It includes a provision that is bailing out the union pension funds, it's bailing out cities, it's bailing out states. It allows the treasury secretary to expand this in any direction he feels is necessary. It also goes -- I mean, it goes right to the heart of capitalism. And Newt, I have to tell ya I last week came out and said we are going to slam into the side of a mountain economically and we have to have a bill because it will at least take the plane down and land it in the trees. We're not talking about landing on the runway. We're talking about landing in the trees. But Newt -- 

GINGRICH: I think that's exactly right.

GLENN: But this bill, I can't support this bill.

GINGRICH: No.

GLENN: It is cutting the heart out of capitalism.

GINGRICH: Look, I don't think you should support this bill and I'm not advocating anybody support this bill. What I am saying is that under our constitutional system you occasionally get to moments when you get to choose between two really bad futures and you wish you had had better leaders and you wish they had gotten you to a choice of a good future, and the fact is this morning we're in a place where we don't have a choice of a good future. We can do nothing, which is what would happen if the bill goes down. And I think as long as Paulson is the treasury, his arrogance, his background as the chairman of Goldman Sachs makes it impossible to get to a good bill and I can't imagine a circumstance where Bush is going to fire him. So we as a country are trapped by a secretary of the treasury who is adamant about aggrandizing his personal talent. On the other hand you have liberal Democrats who frankly wanted a much worse bill. They wanted to give billions of dollars to left wing activists.

GLENN: ACORN. I know.

GINGRICH: So finally you get to the least bad bill. Notice I have not once used the word "Good." I have not used the word "Mediocre." This is the least bad bill. And the question is if you are prepared to take a gamble that all of the people who are knowledgeable who say that on a worldwide basis we're on the edge of a credit catastrophe which could well lead to a fundamental meltdown of the system. I had two friends over the weekend who are both extraordinarily wealthy, neither of whom cares about the market. They don't make their money in the market. Both of them said to me -- and both of them have -- one has 53 years in business and the other has over 40 years in business and they both said to me, "That is genuine crisis. This is not politics. This is not let's play games with the margin. If we don't send some signal to the world market, we're going to have a credit crunch of 1929 to 1932 proportions."

GLENN: Newt, I have to say to you, you're exactly right. I happened to be with a billionaire this weekend. I was doing a charity thing. This guy is a multibillionaire. Doesn't care about the stock market, either. I mean, he's 73 years old. Doesn't -- I mean, he's the same kind of guy you talked about. And I can't believe that your guy didn't tell you the same thing I did. Because that conversation happened with me, too. This is a genuine crisis. This is quite possibly the biggest crisis the country has ever faced. However, if you don't have the tools of capitalism, if you take this country and you fundamentally change what the treasury and the government is doing and can do, you may never pull yourself out because the market -- the signal that the market wants to see is that business is stable in America, and this congress and this treasury being hands-on, fingers in the pie, you never know when it could expand does not send them the message to the market that we're stable. Does it?

GINGRICH: No. But the notion of the American system which has been deeply driven by partisanship locks up, may send a signal of instability on a scale that you and I can't comprehend. And all I'm saying is -- 

GLENN: I don't think anybody can.

GINGRICH: Right. All I'm saying as a historian is having been speaker of the House, having been through these gut checks on 10 or 15 occasions, if I were a back venture, I would almost certainly vote no because this is disgusting. But if I were in leadership and having been in leadership and I looked at the down side risk, I would say I'm going to do everything I can to get rid of Paulson, I'm going to do everything I can to get an economic growth package, I'm going to do everything I can to get an energy independence package, but I am not this morning going to walk off and not have this pass because I'm not prepared to live for my two grandchildren with the consequences if, in fact, the system collapses. And while this may be an inadequate Band-Aid, it is a Band-Aid and it is a step. And we may have to come back and take four more steps before the election. I mean, nobody knows what the next two weeks are going to be like and the congress should not go home. The congress needs to understand that this is a real historic moment and we can't afford to hang around and pretend it's politics as usual.

GLENN: Do you fear for your country?

GINGRICH: Yes. Absolutely. I think anybody who believes in a free country and anybody who believes in the system that gradually emerged with the United States as the primary defender of the world market, of freedom around the world and of safety around the world, you have to look at where we are today, and we just did an entire workshop on Saturday called American Solutions. It's our second annual Solutions Day workshop and people can see it at Americansolutions.com. And I founded American Solutions because I don't think either party is up to what we have to do.

GLENN: No.

GINGRICH: I'm very, very worried about where we are.

GLENN: Is this bill going to pass?

GINGRICH: Probably -- yeah, I think it passes in the end for the reason the conversation you and I are having which is the last marginal member who could vote no is going to stand there and say to themselves am I prepared to take responsibility, even if it was a disgusting bandage. And I think they say I hate doing this, I'm going to help pass it and then I'm going to fight like crazy to clean up the corrupt arrogant system that has put us in this position.

GLENN: All right. Newt Gingrich, thank you very much, sir.

GINGRICH: Good talking to you, sir.

GLENN: You bet. Bye-bye. I feel exactly the same way he does but I cannot put diseased bandage back on. I can't look at the doctor who had -- who gave me the disease in the first place, to say put this disease bandage back on your leg. It's insanity. It's insanity. But that's why I said to you at the beginning of the program, please, you must make this decision. You must make this decision, and you must make this decision -- do not pick up the phone and say don't, don't pass this bill without understanding the ramifications of this. I believe we now are talking about it one way or another. We are talking about 1929. We are talking about the Great Depression and we are talking about the possibility of it being worse than that, a 1989 style Soviet collapse. This is the moment that Americans need to become the greatest generation of Americans. You must stand to the plate, for the future generations of Americans to exist. You must be involved.

The conditions in Afghanistan under the Taliban rule — for Americans, allies, Christians, women and more — continue to deteriorate, and the people there continue to plead that we will not forget them. On the radio program Monday, Glenn Beck gave an emotional update on current evacuation efforts, including the tragic story of one girl — an American passport holder — who was not rescued in time.

"I have a pit in my stomach like I haven't had in a while. What is happening in Afghanistan is both miraculous and horrendous," Glenn began. "What's going on right now one of the most amazing things I've ever personally witnessed — the evacuation of Americans, those [Afghans] who helped us, Christians that are dying, women that are under incredible conditions. I see things that I can't show you. I see the pleadings from people who are in safe houses, 'Please, don't forget us.' I see what they're being sent by the Taliban.

"If I die today, my entire life will have been worth it for what you have helped get done, in just the last three weeks. You have saved well over 5,000 people," he continued.

Fighting back tears, Glenn added, "I ask that you pray for those in the Middle East, that are in the midst of doing work, that a Moses-style miracle will happen. ... There are several people that are in dire need of medical care. Friday, we told you — along with the congressman from Oklahoma [Rep. Markwayne Mullin] who had just returned — [about] a father and two daughters that were blue passport Americans, and a mother who had a permanent residence, a Green Card. The daughter was very ill. And they thought, that if we couldn't get her out of there, that she would lose her legs. I got a call on Saturday morning, that we were too late, that she didn't lose her legs. She lost her life, waiting. There are now two Americans, instead of three."

Glenn showered his audience with gratitude, repeating that "well over 5000" lives have already been saved because of their incredible generosity, but lamented that there are still thousands more people yet to be saved.

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

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To donate to these rescue efforts, visit NazareneFund.org or MercuryOne.org.

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Megyn Kelly pulled her sons out of the private elementary school they attended after she learned that the boys were asked "weekly" if they were still sure they were boys. But that's not all that this "experimental transgender education program" taught.

Megyn joined Glenn Beck on the radio program to tell the story, which she thought had ended when the school apologized, and to talk about what's next for America as our leaders refuse to promote actual psychological support for our kids and instead "parade" transgenderism as the solution to their problems.

"When [my son] was in third grade, I found out they unleashed a three-week experimental transgender education program on these boys, with really inappropriate videos. The kids were confused. These are 8- and 9-year-olds, Glenn. They have no idea what the school is even talking about with the trans thing. They got really in-depth, with really in-your-face videos — and then parents complained. And the school did something it hasn't done in its 400-year history, which was they apologized. Even they realized they had done wrong," Megyn explained.

"But, then I said to my son a year later, so did they ever round back to the trans thing? Like, whatever happened with it? And he said ... they bring it up every week. ... [They ask] how many people here still feel confident that they're a boy? Do you still feel sure you're a boy?" she continued. "This is not support. This is not nonbullying. This is indoctrination. And it's deeply confusing to the children, and wrong."

Megyn went on to give examples of how she's seen trans ideology turn "support, nonbullying, kindness, friendship, allyship, on its head."

"The absolute surrender of the medical community to this insanity is a scourge on this nation. It's disgusting what is happening with our doctors," she added. "There are people who are legitimately transgender, or who have gender dysphoria. And for those people, we should be supportive and they should get the care that they need. But what we've done instead, is taken everyone who expresses any kind of gender confusion and said, you're trans. You're trans. And we have our psychiatrists doing this."

"It's crazy," Megyn asserted. "The fact that we're doing this so willy-nilly in the name of allyship and support, it's abusive. It's criminal."

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

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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.

"Never forget" is not only a tribute to those we've lost, it's a warning that it could happen AGAIN. On "Glenn TV" Wednesday, Glenn Beck looks back 20 years ago to the modern generation's Pearl Harbor moment. A day of infamy we're STILL feeling repercussions from.

But in remembering 9/11, we need to look toward the future because the Biden administration is setting us up for the NEXT 9/11. They bungled the Afghanistan withdrawal, and now we have video of top al Qaeda commanders — who served with Osama bin Laden — returning to the country. But could America survive another terror attack?

Glenn asks former NYC Mayor Rudy Giuliani, the leader who brought America back from the brink. He tells Glenn about the moment he learned the Twin Towers were struck, the actions he took to prevent more terrorism, and if he thinks NYC could survive another attack under Mayor de Blasio's leadership.

Glenn is also joined by Rev. Johnnie Moore, author of "The Next Jihad." He warns that Biden's policies in the Middle East are Obama 2.0, and "if you thought ISIS was bad, you haven't seen anything yet. We must keep our eyes on Iran."

Watch the full episode of "Glenn TV" below:


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.