Glenn Beck: Fed up


Congressman Culberson of Texas

GLENN: Let's go to Congressman Culberson. He is from Texas and he has the information on the election being stolen and also I want to talk to him a little bit about, you know, the spending in Washington. Congressman, how are you, sir?

CONGRESSMAN CULBERSON: Good morning, Glenn, it's great to be with you.

GLENN: Can I -- I want to get to the ACORN thing here and what congress and Nancy Pelosi said she was going to do and have more stimulus packages. I have to ask you, sir, what in the name of God are we doing with our currency? We are spending money like there's no tomorrow.

CONGRESSMAN CULBERSON: Glenn, it is terrifying. We in this bailout bill which I voted against twice, my core conservative instincts have never failed me, we've created -- literally we've given the secretary of the treasury the power of the king and King Henry is now free to just essentially do whatever he wants. He's got $700 billion between King Henry and the Federal Reserve prompting vast amounts of cash into the banking system which as far as I can tell the banks are burying the money in the backyard. You are right. They are loading up our kids' future generations are --

GLENN: Congressman, congressman, I talked to a guy -- in fact, I talked to several people this weekend. One of the guys is -- I referred to as my deep throat. He has been in the room with Bernanke and Paulson and everybody else and he has seen all of this stuff. He talked to me over the weekend and he said, "Glenn, everybody I know is reading about the Weimar Republic. He said, the money that is being pumped in is staggering and I don't know how we'll ever pull that money back." He said, we're all reading the Weimar Republic. That's frightening, Congressman.

CONGRESSMAN CULBERSON: It is. And when I first learned about David Walker, the comptroller, the auditor of the U.S. began talking about this years ago, Glenn, on the danger to the country of running up the $60 trillion-plus of unfunded liability, I began carrying around in my wallet, and I have it here now and we need to be sure to get you one as you're one of my heroes, a $50 billion bank note from Zimbabwe, like the Weimar Republic, absolutely.

GLENN: Yeah. And Congressman, I mean, please go to Washington today and talk to them about, again the Treasury is talking about buying into these banks for what is rumored to be at this point a rumor, at $1.8 trillion, to go in and bail these banks out and buy into these banks. This is, A, socialism; and B, where are we getting the $1.8 trillion.

CONGRESSMAN CULBERSON: By selling debt on the international bond market, selling T-bills most of which are bought by the Chinese or Middle Eastern sovereign wealth funds and because the bill says we can bail out foreign banks, that is true statement that we are borrowing -- excuse me. The taxpayers are borrowing money from Chinese and Middle Eastern banks to bail out Chinese and Middle Eastern banks and we are nationalizing, socializing the banking system following the French and British model. And then also don't forget, Glenn, that the bill, the entire thrust of this debate which was dropped on us with no notice and he admits he's known about it for a year. The entire debate, Glenn, was that the purpose of the bill was to buy up the toxic debt.

Now, the bill -- he can do whatever he wants under the bill, but the focus was, hey, guys, you've got to vote for this because we have to buy up this toxic debt.

GLENN: Is it true --

CONGRESSMAN CULBERSON: Nationalize --

GLENN: I'm sorry. Is it true that people were told in your position that there would be martial law if, as one of the consequences if this didn't happen?

CONGRESSMAN CULBERSON: I don't remember that but we were told it was a disaster. We were told it was epic, we're at the cliff and we have to buy up these toxic assets. So all these guys that voted for the bill -- and again I voted against it twice, two of the best no votes I ever cast. But these guys were told this has to be done, it's an emergency, we're going to buy up the toxic debt. It was not -- may have discussed somewhere, somehow, but they were not told that they were going to nationalize the banks. This is literally switching, pivoting off of -- you know, after "Give me the $700 billion, we're going to buy up toxic debt," this weekend Paulson says, no, no, we're not going to do that; we're going to do something else. So all these guys that walked the plank, these Republicans that voted for the bill and other folks that voted for the bill are now being told, you know, your vote didn't leave me anything, we're just going to do something totally different.

GLENN: Unbelievable. So now let's talk about ACORN. What is happening in Houston? There has been a couple of arrests in Houston and this is happening all across the country. Is there -- can we even trust this election, that there won't be massive voter fraud?

CONGRESSMAN CULBERSON: There is going to be voter fraud. We don't know how massive it is but no question, ACORN and other organizations like them are going to be a big part of it because they have pled guilty. I mean, ACORN has literally pled guilty to false -- to fraudulent voter registration. And in Houston we discovered there's about 4,000 dead people on the voter rolls here. It's going on around the country. We're the only nation I think on the face of the Earth that doesn't have a citizenship list, a citizenship roll that you can just check the database against voter rolls, and ACORN has a long history of this, Glenn. And, you know, that's particularly outrageous is that the mortgage bailout, the Freddie and Fannie Mae bailout bill which was done this August which I also voted against because that nationalized the mortgage industry, that bill, Barney Frank voted language in that bill this summer which hard wires $420 of a $100,000 mortgage to ACORN, La Raza and other organizations like --

GLENN: That's an outrage. Why didn't the American people know? That's an absolute outrage.

CONGRESSMAN CULBERSON: And it is forever. It bypass -- I'm on the appropriations committee. It bypasses appropriations, bypasses the congress, it's in your closing documents. This from day forward we will all be paying 4.2% basis fee of $420 for every $100,000 mortgage in your closing paper will have papers. You'll have a new little line in there, a new fee that we're going to all pay to go straight to these affordable housing funds which the states then hard wire to La Raza, ACORN, groups like that.

GLENN: Congressman, what the hell has happened to our country? All of a sudden we are a -- we are marching towards Marxism. We are marching to a place that this -- congressman, you know it and I know it. You are from Texas. This ain't gonna hold. This is not going to last.

CONGRESSMAN CULBERSON: No, it's very scary and I've had a lot of fellow Texans tell me maybe we didn't make such a good decision back in 1845, you know? Maybe we should have stuck it out as the Republic of Texas and it's very scary. It's very scary and it has happened so rapidly, it just takes your breath away that we not only are marching, we are already socialized the mortgage industry. We've already nationalized the banking system. We are becoming France and in Texas we done want to be France.

GLENN: So what does the average person do, Congressman? We have spoken out. You I'm sure you saw it with John McCain over the weekend. People are pissed off. They are saying, I want my country back!

CONGRESSMAN CULBERSON: All of us need to not only register, turn out and vote, demand that candidates, quite frankly we need to adhere I think as Republicans, tuned demand that your election people are going to stick to the Constitution, they are going to essentially follow -- I call myself a Jeffersonian Republican. If we just stick to the core principles, they have always worked. Mr. Jefferson, Glenn -- and remember this is so true. Jefferson always said if we follow core Republican principles, the knot will always untie itself. We've got all the tools we need to solve this and every other problem we've got. It's in the Constitution. You stick to the Tenth Amendment. You get this out of the hands of Washington. Trust individual Americans to make the right decisions for the right reasons and trust their good sense and their good hearts and shut down whole sectors of the government. We need frankly a revolution at the ballot box in electing frankly -- and what's the best term for it? Libertarian Republicans. We need people that are going to believe and be committed to individual liberty and the Constitution because if we don't, you know, the country, it's very frightening, the debt, the deficit, the Weimar Republic days may not be too far away with this debt that we are inheriting, the $13 trillion. We just ran out of digits on the national debt clock. I'm sure you saw that.

GLENN: I did.

CONGRESSMAN CULBERSON: But remember this is the greatest country, we live in the greatest country in the history of the world, the infinite resourcefulness of this country. No matter how bleak it gets, we've got to remember we've pulled out of worse problems before and we can do this. Remember we have a revolution every two years. It's this November 4th. We've got to every single one of us that cares about this get out and vote.

GLENN: Thank you very much, Congressman. We'll talk again.

CONGRESSMAN CULBERSON: Thank you.

GLENN: Boy, coming from a libertarian Republican. That's what you need to be voting for. Boy, you could say that again. It's time for the libertarians to really start taking a hold, choking the bat snot out of those votes in congress.

If we learned nothing from the media over the past 4 years it's that colluding with a foreign entity to either win an election or for personal gain is absolutely grotesque. Well, that depends on whether you have a (D) or (R) before your name anyway. President Trump was impeached on rumor and innuendo yet Joe Biden has all but skated on his corruption up to this point.

Below is a timeline that shows the level of corruption and the lengths the Biden's went to in order to build that family's wealth and influence internationally.

2009

In 2009, Joe Biden was the brand-new Vice President and John Kerry was a U.S. Senator. Just five months after Joe was sworn in, his son Hunter, and Kerry's stepson, Christopher Heinz, formed an international private equity firm called Rosemont Capital. It had several different branches, including one called Rosemont Seneca Partners.

2010

Just nine months after Rosemont Seneca opened its doors, Hunter Biden went to China for meetings with executives from China's biggest banks, and its sovereign wealth and social security funds. That's unheard-of access for a brand-new firm. Was it just coincidence that at the same time Hunter was meeting these Chinese bigwigs, his dad was meeting with China's then-president Hu Jintao in Washington DC at a nuclear security summit?

2011

In May 2011, Joe Biden met with Chinese officials for the U.S.-China Strategic & Economic Dialogue conference in Washington. Just two weeks later, Hunter Biden went to Taiwan for meetings with the same Chinese financial giants he'd met in China in 2010, plus some new ones.

2013

By December 2013, Joe Biden was enjoying his second term as VP, and John Kerry was now Secretary of State. That's when Joe traveled to Beijing on an extended official trip and Hunter traveled with him on Air Force Two.

During their stay, Vice President Biden met with President Xi and Hunter was mostly out of sight. We don't know exactly what he was up to, but the deal finalized between Rosemont Seneca and the Bank of China just ten days after the Bidens' trip pretty much gives it away. The most powerful financial institution in China formed a joint venture with tiny Rosemont Seneca to create a giant new investment firm called Bohai Harvest RST – the "RS" stands for Rosemont Seneca.

The firm is often called "BHR" for short.

Hunter Biden was a member of the Board. Remember, the Bank of China is government-owned, which means its business is completely intertwined with the goals of the Chinese Communist Party. BHR also got the freedom to operate in the newly created Shanghai Free-Trade Zone where, over the next six years, it would use $2.5 billion of Chinese government money to invest in China, as well as in other countries, including the U.S.

During their Beijing trip, Hunter also introduced Jonathan Li to his dad. Li is Hunter's business partner – he's CEO and Director of BHR.

Hunter arranged for Joe to meet Li in the lobby of the hotel where they stayed during their Beijing trip.

2014

In 2014, one of BHR's first major investments was in the China General Nuclear Power Corporation.

CGN is a Chinese government-owned nuclear power company that sold off a stake of the company to outside investors. Problem is, CGN was under FBI investigation for paying informants in the U.S. to steal nuclear secrets.

In 2016, the FBI arrested the ringleader of this nuclear espionage, a man named Allen Ho.

When they arrested Ho, he was using a random code generator to access funds being provided to him from – where else? – the Bank of China.

Yet while this FBI probe was going on, the son of the Vice President owned a stake in the company being investigated. And even after arrests were made, Rosemont Seneca did not alter its relationship with BHR, nor did it divest from CGN, even though it was stealing U.S. nuclear secrets.

2015

In 2015, BHR partnered with the Aviation Industry Corporation of China (AVIC) to buy an American company called Henniges for $600 million.

AVIC is a gigantic military contractor in China – think Lockheed Martin – that makes fighter jets, bombers and drones. BHR bought 49% of Henniges and AVIC bought 51%.

Henniges is a precision parts manufacturer specializing in anti-vibration technology. The stuff they make is known as "dual use" by the U.S. State Department, which means the technology can also have a military application.

Because of that, the deal had to be approved by the Committee on Foreign Investment in the U.S. (CFIUS) since it could have national security implications. The thing is, the American side of BHR – meaning Hunter Biden and his pals – had to know there were serious national security implications with AVIC.

The year before they formed a partnership with AVIC, the Wall Street Journal reported how AVIC stole technology related to the U.S. Air Force's F-35 stealth fighter and used it in its own stealth fighter for the Chinese.

How the Committee on Foreign Investment approved that deal remains a mystery. CFIUS does not publicly disclose any information regarding its decisions. Their findings are not publicly announced.

Interesting that China accounted for the largest share – with 74 transactions – approved by CFIUS during Obama's second term (2013-2015).

Under the umbrella of Rosemont Capital was a real estate company called Rosemont Realty. In 2015, a Chinese company called Gemini Investments bought a 75% stake in Rosemont Realty. The company was renamed Gemini Rosemont

Gemini brought $3 billion to the partnership with Rosemont, with the aim of buying "Class A institutional-quality commercial office properties in U.S. markets."

Red flag (literally) – Gemini Investments is a subsidiary of the China Ocean Shipping Company, a.k.a., "COSCO."

COSCO is a Chinese government-owned company. Its headquarters in Beijing is actually next to the headquarters of the Bank of China. COSCO is well-known for its close military ties. It's essentially a branch of the Chinese Navy.

2017

In 2017, BHR invested in Face++. That's the facial recognition phone app built by a Chinese company that is incorporated in a separate app built by the Chinese government. Police in the Xinjiang [Sin-jong] region of China use that app to keep tabs on citizens, and track and detain Uiguhr [Wee-ger] Muslims.

The app allows police easy access to data about Chinese Muslims including things like religious activity, blood type, and even the amount of electricity they use.

2018

In March 2018, a spokesman (Chris Bastardi) for Christopher Heinz (John Kerry's stepson) emailed The Hill to say that Heinz had "no operating role" in Rosemont Seneca, and that he was not involved in any of Rosemont's deals in China (which contradicts Schweizer's report in his book Secret Empires).

Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm's Chinese management team or investors.

2019

In October 2019, Hunter Biden's lawyer, George Mesires, said Hunter did not conduct any business on that 2013 trip to Beijing with his Dad.

Mesires said the timing of BHR's business license getting approved was purely coincidental because the paperwork had been submitted months before the Bidens' China trip.

According to Hunter's lawyer, the approval " was not related in any way, shape or form to Hunter's visit."

Hunter Biden finally stepped down from the BHR board last October (2019), but he DID NOT give up his 10% stake in the company.

When Bevan Cooney — the former "junior" business partner to Hunter Biden and Devon Archer — went to jail in 2019, investigative reporter and New York Times bestselling author Peter Schweizer thought he'd never gain access to the damning emails Cooney had promised. That all changed three weeks ago when Schweizer was given complete access to Cooney's gmail account.

Schweizer joined Glenn Beck on the radio program Tuesday to describe just some of the business deals revealed within these emails — like Hunter working with an alleged Russian criminal and with Chinese communists to secure their assets, or to secure one-on-one time with his dad, then-Vice President Joe Biden. And all of this new information is completely separate from the emails allegedly discovered on Hunter Biden's laptop recently reported by the New York Post.

"So, I want to make this clear. This [Cooney's emails] has nothing to do with what's on the laptop … It didn't come from [Rudy] Giuliani. It didn't come from anybody else, right?" Glenn asked Schweizer.

"That's absolutely correct," Schweizer confirmed.

He briefly explained how Cooney, a former Los Angeles nightclub owner, is currently serving a prison sentence for his involvement in a fraudulent business bond scheme with Biden and Archer. From prison, Cooney gave Schweizer written permission to access his Gmail account.

"This is really important," he noted. "We're not looking at printouts. Not looking at PDFs. We're actually in his Gmail accounts themselves, sifting through these emails. And there's a shocking amount of information about deals involving China, involving Russia, involving all sorts of things they were trying to pull off."

Watch the video below to catch more of the conversation:

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The king of "No Spin" and bestselling author of "Killing Crazy Horse," Bill O'Reilly joined Glenn Beck on this week's podcast to talk about the latest developments in Joe Biden's Ukraine and China corruption scandal. Now that some of the details are finally coming out in the open, does the average Democrat care? Maybe, but the Left doesn't seem to.

O'Reilly argued there's more hatred for President Donald Trump now than in 2016, and that some people hate President Trump so much that they'd rather vote for the "senile, corrupt" Joe Biden.

"Hunter got tens of millions of dollars from Ukraine, from Russia, from China because his father was vice president. I have no doubt in my mind," O'Reilly said. "But the hatred for Donald Trump overrides that in the minds of millions of viewers. They're saying, 'You know, we'd rather have the senile corrupt guy than Trump.'"

Asked by Glenn if any other Republican running for president would be met with the same level of vitriol, O'Reilly answered, "The Left is the Left. They don't like America. The want to redo the Constitution. They want to take some of our freedoms, like the Second Amendment and the First Amendment, and change them. And they want to destroy capitalism and replace it with a big centralized government in Washington that controls the economy … but I'm talking about the folks. I have liberal friends and I say to them, 'Do you not understand that when you vote for Biden, you're voting against your own self interest?'"

Watch the video clip from the full podcast below, or find the full episode HERE:

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In a phone call with his constituents, Senator Ben Sasse (R-Neb) unleashed a torrent of criticisms about President Donald Trump, saying he "flirted with white supremacists," "kisses dictators' butts," and "spends like a drunken sailor."

On the radio program Friday, Glenn said he was disappointed in Sen. Sasse for apparently forgetting all of President Trump's accomplishments. Because, in reality, Trump has accomplished a lot more than many presidents before him.

Then, for anyone who may have forgotten President Trump's achievements — or who simply hate the man so much they've ignored them — Glenn listed just some of the many things this president has achieved during his three and a half years in the White House.

Watch the video below to hear Glenn's message for all the Trump-haters who have forgotten Trump's accomplishments, or you can read Glenn's list HERE:

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