Glenn Beck: Illegal shoots cop in cold blood


Michael Berry of 740 KTRH

GLENN: But let me switch gears and talk about something else that's on fire and that's Houston. We go to KTRH and Michael Berry who is afternoon talk show host on KTRH. Hey, Michael, how are you?

BERRY: Hey, Glenn.

GLENN: Tell me the story of -- because this one, I have to tell you, it's setting -- blood's shooting out of my eyes on this one. Tell me the story about what happened with the police officer there in Houston.

BERRY: Well, unfortunately it's a pattern. It's an all too frequent occurrence, and this is quite a typical fact pattern. The Houston police department goes in to serve a narcotics warrant on a guy that they believe has multiple -- or they know has multiple arrests and they believe to be very dangerous. He has a $40,000 house with a $50,000 security system. They go to the door and take the burglar bars off. They have to pull them off with a car. And as they go in, the first officer in is a 54-year-old officer who's been on the force for 27 years, the top narcotics officer. And this guy's waiting inside and blast right off. We don't know if he's going to make it or not. He's clinging to life. We ask for your prayers. His name's Rick Salter, he's a decorated HPD officer. And two more officers step in and shoot the bad guy. Well, it turns out this bad guy has a record of crimes in the U.S. and in Mexico and this is quite typical. And you were talking about the Drudge Report. If you dig down and start looking, there are rich Mexicans fleeing to Houston because of the drug cartel there.

GLENN: Yeah.

BERRY: But unfortunately the drug cartels are bringing their activities to Houston.

GLENN: So before we go on to Houston and the police officers, et cetera, et cetera, let me just understand this correctly. Was he here illegally?

BERRY: He was here illegally. We just learned that yesterday.

GLENN: And does he have an arrest warrant or did he have an arrest record or anything like that here? Did they know that he was here illegally?

BERRY: They did. He's actually been under order of deportation that was never served out. He's been deported before. He has a criminal record in Mexico and here and they were actually serving multiple warrants on him here. This is a really, really bad guy and unfortunately, Glenn, there are lots of these people that we're now discovering here.

GLENN: Okay. Now let's drill down a little deeper. Is your mayor -- what is the mayor's name?

BERRY: Bill White.

GLENN: Is Bill White a sanctuary city lover?

BERRY: You know, he would protest that he's not, but the congressional research service, which is an objective nonpartisan research wing of the congress, says that we are a sanctuary city. It's not a city that is declared sanctuary. When I served on city council, there was actually an ordinance -- I mean a resolution that came up that would for all intents and purposes make us declared a sanctuary city and we were able to vote that down. But it is the case that congressional research service says when you're not cooperating enough with the federal police, when you're not making use of 287-G which allows local officers to be deputized as federal officers so they can enforce these laws, then for all intents and purposes you're becoming a sanctuary for dangerous illegals to come here. That's day labor sites, that's a number of different ways that people say if I'm coming into this country illegally, well, Houston's the best place to go; they've set up, they've made arrangements for me.

GLENN: Tell me about your chief of police.

BERRY: Our chief of police was elected to the international chief of police and in that capacity testified before congress that we don't have the manpower to go after these guys and that it would ruin relations with the Hispanic community if we did. I mean --

GLENN: Really? Wait a minute. Hang on, Michael. I just want to make sure. Houston, really? Really going to wreck the relations with the Hispanic community? What an insult to the Hispanic community. They like living with drug dealers and dangerous people that will shoot cops in the face right in their own neighborhood? Really? Wow, I didn't get that. I'm sorry. I thought Hispanics liked the law just as much as I did. I thought Hispanics liked their children to be safe and away from criminals and drug lords and everything else just as much as anybody else, no matter what their color is. Wow, what a weird thing I'm learning here. Wow, thank you for that.

BERRY: Well, and you know what's really amazing about that is how the liberal left of the Hispanic community has hijacked the agenda so that politicians that are pandering for that vote think, wow, I have to be for open borders, oh, I have to be for everything to be in two languages in order to get the Hispanic vote. Hispanics are about family, faith and hard work. That has nothing to do with them. But this leftist wing has hijacked the Hispanic agenda.

So this police chief testified before congress that it would wreck relations with the Hispanic community and it would pull off too much manpower. Manpower? We have officers stationed under the underpasses writing tickets for people not wearing their seat belt. We have -- he instituted a curfew last year for after 10:00. I mean, this is ridiculous. We have the manpower for all that. We have red light cameras. We have all these silly things that they're doing and yet they don't have the manpower to go after Mexican drug cartel members operating dangerous rings here.

GLENN: No. Here's the reason why. It doesn't give them any power. Quite honestly, I mean, I'd be interested to see if there was any kind of corruption. Is there anybody getting any money from these drugs? There's an awful lot of money, billions of dollars floating around by the bottom of our border. I'm wondering if any of that money is involved. It also doesn't get them anybody elected, and if they are going to arrest somebody and deport them, that cost the city something. You know, when you just do a ticket, that's income revenue. All they are doing is generating revenue. Congratulations, police officers of Houston. You are risking your life right now for a system that is using you as a tax collector.

BERRY: Here's the best part, Glenn, is that officers have done what they do. They've followed orders, they've done their jobs, but yesterday as a result of yet another officer critically injured, the head of the Houston police officers union held a big press conference and said, listen, no more. We want the law enforced. Our officers are in danger. And the way I look at it, if guys wearing badges and guns in uniforms with heavy equipment and backup are in danger of getting killed by them, what about you and I just walking around the streets? So they are really letting this boil over.

GLENN: Who is saying that? Who in the police department is saying that? Who has the courage to stand up against the mayor and the chief of police and say enough is enough; enforce our own laws? You know what, I have to tell you, I feel the same way about the border guards. I feel the same way about everybody who wears a badge or a uniform for this country: Stop selling these people out. They are risking their life for your children. They are risking their life for our freedom and our way of life. And what do we do? We put them in impossible situations, we tell them, well, you can't do this, you can't do this. When they are afraid for their own life, they draw their gun, they shoot and then what do we do? We crucify them for it. There is no way that these people are going to be able to last and withstand this onslaught of insanity. Who in your police force is brave enough to stand up against these people, Michael, because I want to put them on television, I want to put them on radio and I want the people of Houston and I want the people in your own -- you know what? Phoenix is the same way. I had the chief of police, I believe he was.

BERRY: Arpaio.

GLENN: No, he's the sheriff. The police in Phoenix actually, actually had the balls -- and I let it slide, but I'm not letting it slide anymore. Actually had the balls to tell me that the kidnapping which makes now Phoenix the number two, number two kidnapping site in the world. I mean, you'd think that's Bogota, Colombia. No, no, no. It's Phoenix, Arizona. He actually had the balls to tell me, well, Glenn, but these are just, these are just illegals and those who are working in the drug community. Oh, I'm sorry. I thought they were human beings. I thought they were people. And like that makes my neighborhood safe to have a bunch of people that have guns and drugs and are illegal and are shooting each other or kidnapping each other. How does that make my neighborhood safe? Enough is enough.

BERRY: Doesn't do it at all. The guy's name is Gary Blankenship. He is the president of the Houston police officers union, and he's not a member of the department in terms of the top brass. He's the elected guy of the street patrol officers that walk the streets, ride the horses where the rubber had its the road and he has had enough and his members have had enough.

GLENN: Let me tell you something. If you listen to this show, you know I am big time antiunion, but I am antiunion because they're out of control. I'm antiunion because you need to have a balance. But once in a while a union is needed, and in this particular case and the case of the border guards, a damn union is needed, and I'll back this union all the way to the wall. You stop this nonsense. You are putting people's lives at danger. For what? For another vote? Michael, you follow -- will you follow this story for us and -- I'm sorry. What is the officer's name again?

BERRY: It's Gary Blankenship and as soon as anything --

GLENN: No, no, no. The officer that --

BERRY: Rick Salter, S-A-L-T-E-R.

GLENN: Does he have family?

BERRY: He does. He has a big family.

GLENN: How old is he?

BERRY: He's 54.

GLENN: How long has he been a police officer in Houston?

BERRY: Twenty-seven years.

GLENN: America, what's going on is just not right. It's just not right. You know it and I know it. And I'm telling you this is -- you know, wait until you see the stuff that I'm going to bring you next hour on God. I'm telling you, if you don't stand up, if you don't let your voice be heard, if you won't stand shoulder and shoulder with our cops and say "I don't care if you call me a racist; I don't care what Mexico thinks about us. I am standing up for what is right and the people in Mexico who are coming here to get away from it don't want it to follow them." Stand up and have courage to stand up because I'm telling you it is under attack and, you know, I have said on this program over and over again America is always at her best when she's on the mat. It takes a beating before Americans realize, "Wait a minute, somebody's punching me in the face." Let me tell you, gang, they are punching you in the face and this one isn't a knockout that they're going for. They are looking to kill you. They are looking to kill our way of life. I'm telling you with everything in me, do not believe this bullcrap that they are, "Oh, no, we're just trying to be America." They are changing America fundamentally and it is not just the Republicans -- or the Democrats. It is the Republicans as well. They are looking for -- did you hear Tim Geithner on Charlie Rose? Tim Geithner on Charlie Rose says, "well, what we've got coming towards us now is a new system of capitalism. It isn't the same as what we all had before. It's a new capitalist kind of system." Well, I'd like somebody to ask me if I want that system of capitalism. I'd like somebody to describe what that system of capitalism is. I know I studied a system of capitalism, but this one has the government at the table. That's not capitalism. That's socialism, and I'm not going to play your little PC game anymore. You can't just rename things and expect us to play ball. We see where that has gone. We see that you call, you know, you c hange from red ink to purple ink and everything's solved. Nothing is solved by changing words, the meaning of words or colors of pens. Wrong is wrong. Right is right. Enough. Enough.

Michael, boy, sorry to unload on you. Would you do me a favor. Would you pass on the numbers to Blankenship so we can get a hold of him? I think we've had him on the program before.

BERRY: I will do so. Thank you, Glenn.

GLENN: You bet. And follow this story for us, Michael. Thank you very much.

BERRY: Thank you.

GLENN: Wait, wait, wait. Is there a fund for this police officer or is it too early?

BERRY: There is. It's with an organization called Assist the Officer. We have a program if an officer gets killed, there's an automatic amount of money, but we had an officer severely injured who founded an organization for those who are severely injured and it's called Assist the Officer and I'll send all the information to your people. It's in Houston.

GLENN: Thanks, Michael.

BERRY: You bet, Glenn.

GLENN: Michael Berry from KTRH, our affiliate in Houston, Texas. Is it just me? It can't be just me. We've played by the rules. We've done everything we're supposed to do, but nobody is playing fair anymore. Nobody is doing the right thing anymore.

Yesterday there was testimony on the Hill that the card check bill, what is it, the free choice of America bullcrap? Union members don't even want this. Union members don't want card check! They think that it might be abused. These people in congress, they don't give a flyin' crap. Yesterday there was testimony that it will hurt the unemployment numbers from 1 to 3%. And if you don't believe it, well, then you are not using common sense. Why do you think CitiBank was downgrading Wal-Mart yesterday? Because they are not going to be able to sell their groceries as cheaply because they are going to have all kinds of union rules on them. These people are putting nails into our coffin and they don't care! They just think that we can just last through anything. They don't care.

You know, Democrats, I have to ask you. I come from -- my grandparents were Democrats. My aunt and uncle were Democrats. Almost everybody in my family was a Democrat. They were good, decent people, and I believe Democrats are good, decent people. They're not communists. They're not trying to destroy America. The voters are not those kinds of people. But apparently there's either enough of those who are voting these people in or you're just dead inside. I'd like to know which one it is. I mean, it took a long time for the Republicans to wake up. The people who were just, you know, "I'm just an elephant and, hey, my guy's the right guy." At least they woke up. At least they stood up and said, wait a minute, they are betraying all of my values. They are betraying everything. And at least we said, "You know what, our party sucks." When are you going to stand up? When you say you're for children and education and yet for union promises, for union gifts you're going to take kids out of some of the best schools in Washington D.C. that are going with vouchers and you're going to put them into the jaws of death. You are going to put them in the most dangerous, awful schools you could possibly imagine, places that you would never put your children in. And you are doing that for what reason? What reason? Are you getting something out of it? Did you get a new bridge for your state? What did you get? Oh, are you getting some more health insurance? Good. Throw children into the jaws of death for your welfare package or your bridge, or what is it? Have some principles, please, for the love of God.

Glenn created "The Senate Fails to Condemn INFANTICIDE" in response to the Senate not passing Nebraska Senator Ben Sasses' bill banning infanticide early this year. In an effort to help support pro-life charities, Glenn first posted this for sale on eBay before being banned multiple times before we finally had enough and put it up for sale on bidpal.net.

At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

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Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.