Glenn Beck: $134.5 billion mystery


Deroy Murdock


- National Review Online columns

GLENN: We have Deroy Murdock. He is with Scripps‑Howard, syndicated columnist, been following this. And you've been ‑‑ you are like the only one covering any of this. Can you bring him up, please, Dan? Are you there?

MURDOCK: Hello, Glenn, how are you?

GLENN: You are the only one covering this, you and the Financial Times.

MURDOCK: It's pretty FT, you and me, all three of us.

GLENN: Why? Do you have any idea?

MURDOCK: I guess we can be charitable saying we've got the chaos in Iran going on here, all sorts of stuff happening, we've got the U.S. Open.

GLENN: U.S. open. I want to go through a couple of these inconsistencies here and see what you have and see if you can come up with any logical explanations to make this all go away because I think you and I both agree this could be nothing, but something's wrong.

MURDOCK: I wouldn't say it's nothing. The best‑case scenario is that this is a major counterfeiting operation or at least an attempt at a major counterfeiting prime, if you will. That's nothing when you are dealing with numbers like this. So this is a big story whether these are real bonds or fake bonds.

GLENN: Worst‑case scenario?

MURDOCK: Worst‑case scenario is that this is an effort by either Japan or China or some major country to unload a lot of dollars because they are afraid the dollar's going to tank and they are trying to get out early while they can without dumping so much that the entire world notices and they develop panic kind of like trying to sneak out of the room very quietly. And if you've got a major player like Japan or China, whichever it is, having that little confidence in the dollar because of our spending and printing money, that's a very, very bad sign.

GLENN: What would that mean to us?

MURDOCK: I think what it would mean is at some point bond traders and currency traders are pretty savvy people and if they start seeing that people are sneaking out of the room, then rather than a couple sneaking out, you get people rushing for the exits and if you have a real run on the dollar and the dollar drops by a major ‑‑ by a consistent amount, that pushes up gas prices, that slows down the economy, that increases our borrowing costs. That has an effect on the federal budget and it just creates even more economic headwinds which is exactly what we don't need right now.

GLENN: Okay. So here are the inconsistencies in this story. The smugglers have been identified in the press as Japanese nationals. Have you received any confirmation that they are Japanese nationals?

MURDOCK: People think they are Japanese but there's been no clear confirmation that they are.

GLENN: We talked to somebody, somebody who knows, protocol on, you know, embassies and everything else and ask them, if you arrest someone with a Japanese passport or an American passport, does the consulate know. He said it is standard operating procedure. This isn't a Banana Republic. This is Italy. It is standard operating procedure for the officials to notify the consulate that we have your citizens; they are being held for X, Y or Z. We called on Friday, we called the treasury, the Secret Service, the office of, what is it, budget and debt or something like that.

MURDOCK: The Bureau of Public Debt which is a division of the treasury department.

GLENN: Correct. We got the runaround with all three of them. We were then sent to whatever the Italy, you know, financial Secret Service is over there.

MURDOCK: The financial police, the (inaudible) it's called.

GLENN: Uh‑huh. And they sent us to the local police. The local police sent us to the Japanese consulate. The Japanese consulate said they didn't have anything. There's no one that will confirm or deny any part of this story of who they are, where they come from or if they are even being held.

MURDOCK: Remarkable, isn't it? You've got fingers pointing in every direction and mouths being covered. And no one will ‑‑

GLENN: Which leads you to believe ‑‑ the treasury said to me on Thursday, the bureau of debt.

MURDOCK: Public debt.

GLENN: Public debt, said that these are obvious fakes. Now, my problem with that was obvious fakes? It's taken you how many weeks to decide that they were obvious fakes?

MURDOCK: This is again very strange. This whole incident occurred on June 3rd. It took two weeks. June 17th was last Wednesday when I was working on this story and I saw this story from the ‑‑ well, let me back up a little bit. The Italian authorities according to Bloomberg had contacted the Securities & Exchange Commission to determine whether the bonds were real or fake. I contacted the SEC and the spokesman there said, "I think I'm going to decline to comment." So he wouldn't say what was going on. And then later that evening I saw a story from I believe Bloomberg saying that the treasury department, in fact, determined that they were fakes and this is according to treasury spokesman Steven Meyerhardt. That's Wednesday night. Then Thursday evening about 4:30, roughly 24 hours later, Reuters, which is a very well respected and well known international news agency authorities the authorities are still trying to determine whether the bonds are fake or real. This is 24 hours after the treasury department says they are fake. So again ‑‑

GLENN: Now, wait, wait. I have an update for you.

MURDOCK: Okay.

GLENN: On Friday, because I saw that Reuters story, too, and I said wait a minute, something's ‑‑ I mean, we were just told. How could this story be true with Reuters?

MURDOCK: Yeah.

GLENN: Reuters stands by their story. So we call the treasury back: The Secret Service issues a statement for air and the statement was, of everything that we have seen on the Internet, the photos that we have seen of these bonds on the Internet, tell us that they are most likely fakes.

MURDOCK: Isn't that remarkable?

GLENN: On the Internet?

MURDOCK: Isn't that amazing? You've got somebody walking around with $134.5 billion, not million, folks, billion with a B, $134.5 billion which would be equal to approximately 1% of our economy and about 3% of the federal budget if you do rough calculations and you would think over a two‑week period, 14 days, the United States government would manage to get some guys from the Secret Service, the treasury or whatever it is, SEC to hop on some planes, fly over to Italy, sit down with their opposite numbers, their colleagues from Italy and look at these things with magnifying glasses or microscopes or special pens or radars, lasers, whatever it is and say these things are fake or these things are real. And after two weeks you still have people saying, gee, I'm not sure. Reuters says they're not sure if they're fake or not; the treasury says they are. We still have a lack of clarity here. Over $134.5 billion question.

GLENN: They say that these ‑‑ this is according to the Bloomberg article that was early. They said these bonds were dated as of 1934, but $500 million bonds didn't exist in 1934. Police are still waiting for the declaration regarding the bond's authenticity from the SEC, yada, yada. How can anyone say that these would be indistinguishable if they were indeed dated 1934? It would make it a cartoon.

MURDOCK: It would, yeah. If they ‑‑ it would be like seeing an article, you know, newspaper talking about President Obama dated 1965 or something like that.

GLENN: Yeah, it doesn't ‑‑ it defies logic.

MURDOCK: Then if that's the case, then on Day One or Day Two they should have said people at the arrested at the Italian border carrying counterfeit documents, we've inspected them on the scene, everybody go back to work, there's nothing to see here. And instead after two weeks you still get these inconsistencies and these ongoing questions.

GLENN: Now, you have also that these would be counterfeit. If they would be counterfeit, just help me out on this. Again we may have cartoon characters counterfeiting money that think also the best way to kill people is to drop a safe from a window or a piano out of a window, right. And those people, there are stupid people. But generally speaking you can't make a counterfeit bond on your Xerox machine and so they make this counterfeit bond but they make them in denominations that no one has ever seen before.

MURDOCK: That's right.

GLENN: And they are apparently trying to fence something that only a government would have had.

MURDOCK: That is correct. If you are a counterfeiter and you want to make a fake document of whatever kind, you need a real document as a basis. Now, if you were going to make fake $20 bills, it's very easy. Go to the bank, get yourself a $20 bill and then you start making your copies. If you want to make fake $500 million bonds, which is what most of these were, 249 of them, you've got to get yourself a real $500 million bond as a model. Where do you get that? You don't just go to the bank and pick one up. You don't just walk into some insurance agents and say I'd like to borrow your $500 million bond. I don't think the Chinese or Japanese or Australian treasury department would say, yeah, go ahead and borrow our $500 million bond, just bring it back when you are done. So the question is how did even cartoon‑like counterfeiters as you describe them get their hands on one of these things? Now, it could be that they have got some insider who is slipping these things out after hours saying, okay, you've got the weekend, you know, bring it back before Monday morning, then I'll put it back in the safe. Even if that's the case, you've got yourself a leak somewhere in some major national bank who's letting this stuff slip out because these are not, they don't circulate pri vately, they circulate among governments.

GLENN: Don't they have serial numbers?

MURDOCK: I believe they have serial numbers, yes. And it ought to be pretty easy to trace and track and match the serial numbers with the countries that originally got these because again this doesn't trade like currency when you go pay for your groceries or go pay money to a cabdriver.

GLENN: If I had a ‑‑ let's just say I had a $500 million bond and they were real, okay? I mean, you know, they actually printed a $500 million bond and, you know, we found the suitcase over in Italy and you were the treasury. Wouldn't you be able to, over in Italy, call you in the treasury and say, "Hey, we just have this certificate; it's $500 million; it's serial number 117945," and the treasury be able to look that up and say that belongs to Glenn Beck?

MURDOCK: I would think so. I would think so. It's possible between 1969 when we stopped issuing bonds that size and now those records got lost, but I would think seriously that if the U.S. Government wants to keep track of its public debt, they would have those records. They should have those records.

GLENN: I don't think we would lose 500 ‑‑ where did I put that receipt for $500 million?

MURDOCK: I don't think we would lose receipts for that kind of money, I don't think so. I would think it might take a little while to dig them up but those records have to exist, they must exist.

GLENN: Deroy, just off the ‑‑ I don't even know if you want to go on record because you are not a conspiracy guy, you are not a ‑‑ I mean, you are a serious dude.

MURDOCK: I have my serious moments, yes.

GLENN: You want to go out on a limb and speculate on what you think this is going to end up being?

MURDOCK: It's hard to say. I think you can make a plausible argument for any of these things. This could be people who look like Japanese nationals but actually are North Koreans who are trying to do something either to get actual money or maybe just to create some confusion and harm the U.S. dollar and harm the U.S. economy by creating doubts about whether our bonds are legitimate or not. This could be a legitimate government trying to sneak out the door, if you will, quietly and unload some dollars before the dollar gets weaker. There is an argument that this was something done by the Italian Mafia. But if this were the Italian Mafia, why would they not just give the Brie case to some Italian citizens who speak the language, blend right in, can go across the border without being noticed. No, let's not do that. Let's find two Japanese guys, give them the briefcase and let them stand out and get caught. That doesn't make any sense.

GLENN: Is there any ‑‑ I mean, just the number sticks out to me and this is it. $134.5 billion. Exactly the amount of money that we had in TARP. Is there anything that would say to you that our government is double‑dealing on debt, issuing more debt than we are wanting to admit?

MURDOCK: Boy, this is a hell of a way to do it. I can't imagine that the U.S. Government, if we are trying to collect more money than we were able to, would engage in this sort of thing. I mean, the Fed certainly can create money. They just do it like that. That's easy.

GLENN: Right.

MURDOCK: It is interesting that this $134.5 billion figure matches the act amount of money that was left in the TARP account on March 30th.

GLENN: Coincidence.

MURDOCK: Isn't that odd, what a bizarre coincidence, how strange that is.

GLENN: But it is ‑‑ but you do believe it's just a coincidence?

MURDOCK: Who knows. This is a very, very strange case. Now, I can tell you that again the strangest continues. There's something called Turner radio network and they are reporting ‑‑

GLENN: No, I checked into that. No, no, Deroy, checked into that.

MURDOCK: I called and no one answered the phone. I thought that was odd.

GLENN: There's a reason. I'll explain that to you off the air.

MURDOCK: Okay.

GLENN: And I saw that today and it's ‑‑ uh‑uh. Deroy, thank you very much. We'll talk again.

MURDOCK: Very good. Thanks a lot. Bye‑bye.

The stock markets have taken a nosedive in the biggest downtrend since the start of the COVID-19 pandemic in 2020. But that's nothing compared to what's coming thanks to our government's embrace of modern monetary theory, warned BlazeTV's Glenn Beck on the radio program.

"It really is important that you understand what's happening to us," Glenn stated. "Modern monetary theory is truly the [fuel] ... for the great reset. It is the idea that we can print as much money and spend as much money as we want," he explained.

"Then the next step is to release the Federal Reserve digital currency and make payments by other currencies [including cryptocurrencies] illegal," he continued. "And you're seeing it happen now in real time. Why would they do this? Because you cannot print this kind of money without having absolute control over how it is spent."

Glenn broke down the steps powerful political organizations — like the Federal Reserve — will take to end currency competition and enact a Federal digital dollar, which will allow for the government to have complete control over how we spend our money.

"This is what's coming. This is coming quickly, and events will make it move faster. For instance, why is Joe Biden basically giving Ukraine to Russia? He's giving it to them. He he knows Russia's not afraid of him. Putin knows that [Biden] is not going to do anything ... neither is NATO. They're not going to do anything," Glenn said.

"It's because war resets everything. War is the best great resetter. Changes boundaries. It changes borders. It changes laws. It changes societies. It changes currencies. It changes everything. And in the end you just want the war to stop. And so you you accept whatever it is the terms are that you're going to have to live under now. We're in very, very dangerous times. The only way to survive this is to know why they are dangerous times."

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

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Chances are, you've noticed that many large companies have decided to become woke activists, despite the fact that alienating half your customer base is a terrible business strategy.

This woke shift isn't being driven by the usual market forces. It's the Great Reset's ESG score system at work, Glenn Beck said on "GlennTV." Under the “environmental, social, and governance” score system, companies will no longer make decisions based on what you, the consumer, want. Now, it's all about what those in power deem society should want. And it's not just businesses that are affected, he explained.

Watch the video clip below or find the full episode of "GlennTV" here:


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11 things you can do to help stop the Great Reset

Photo by Arthur Franklin on Unsplash

The foundation of the American way of life is freedom from tyranny, which can only exist in a nation that defends the rights, powers, and property of individuals and families. Over the past two centuries, the greatest threats to liberty have come from governments, both foreign and domestic. And from the beaches of Normandy to the civil rights movement of the 1960s, Americans have repeatedly conquered the challenges placed before them by those seeking to extinguish or limit individual rights.

However, over the past few years, a new, potentially catastrophic danger has emerged, but not primarily from the halls of Congress or state capitols. This threat to freedom has largely emanated from the board rooms of the world’s wealthiest, most powerful corporations, large financial institutions, central banks, and international organizations such as the United Nations and World Economic Forum.

In an attempt to secure vast amounts of wealth and influence over society, corporate CEOs, bankers, and investors, working closely with key government officials, have launched a unified effort to impose environmental, social, and governance (ESG) standards on most of the industrialized global economy. ESG standards are also referred to as “sustainable investment” or “stakeholder capitalism.” According to a report by KPMG, thousands of companies, located in more than 50 countries, already have ESG systems in place, including 82 percent of large companies in the United States.

ESG standards are designed to create a “great reset of capitalism” and to “revamp all aspects of our societies and economies, from education to social contracts and working conditions.” ESG supporters plan to enact these radical changes by using ESG schemes to alter how businesses and investments are evaluated, so that instead of focusing on the quality of goods and services, profits, and other traditional economic metrics, companies — including financial institutions — are evaluated largely on their commitment to social justice and environmental causes and then assigned scores so that companies can be compared, rewarded, or potentially punished.

Supporters of the movement for a Great Reset also plan on using technology to limit free speech and privacy rights, and they support creating vast new government programs that are designed to transform the Western economy via the Green New Deal, European Green Deal, a federal jobs guarantee, and basic income programs.

Together, the proposals that make up the Great Reset represent the most serious threat to freedom in the West since the fall of the Soviet Union and perhaps since World War II. But there is hope. We can stop the Great Reset, but only if we act quickly and with great conviction.

Below are 11 steps you can take to push back against the Great Reset. These steps represent a powerful bottom-up, grassroots approach to the Great Reset’s top-down plan to remake the world. Although many of these steps won’t be easy for everyone to take, they are essential for ensuring that our children and grandchildren will grow up in a world that protects the rights of individuals and empowers families, rather than wealthy special interests, financial institutions, and large corporations.

1. Live Not by Lies: The time for remaining quiet is over. When you hear or see something that you know to be false, speak up. Be kind, generous, and compassionate, but do not, under any circumstances, allow lies to infect your life. Further, do not support organizations, publications, politicians, schools, or any other institutions that regularly promote false claims.

2. Buy Local: The reason the Great Reset is so powerful is because so many of us have become totally dependent on large multinational corporations. They can be easily manipulated in a way that small, local businesses cannot. Learn to buy local, whenever possible, even if it means spending more money on your purchases. Yes, big corporations offer conveniences and low prices that many small businesses can’t compete with, but those benefits come with a great cost: your freedom.

3. Bank Local: Big financial institutions and banks are driving much of the Great Reset movement. They have started to use their incredible wealth and power to alter society by financing only those businesses who agree to the terms of the Great Reset. This problem is going to get worse, so it’s important to find local banks and credit unions you can trust and who refuse to utilize ESG scores and other discriminatory schemes.

4. Support Local Farms: If you live in an area that has local farms and farmer’s markets, consider buying as many of your groceries as possible from farmers. In the future, food production and distribution are going to change dramatically. It’s important that you support local farmers and build relationships with individuals who can provide you with the goods you need in a time of crisis. One of our main goals must be to make local communities as self-sufficient as possible, and that cannot happen unless we support local farms.

5. Be Vocal: After starting to shop and bank locally, be sure to tell big financial institutions and corporations why they have lost your business. They need to know that their decisions have serious consequences.

6. Run for Local Government: Local and state governments will soon be our most important defense against the Great Reset. Consider running for your local school board, zoning board, or even for a state legislative office. If you don’t feel qualified for these positions, find someone who shares your values and help them run for office. If we don’t have control of our local governments, we won’t be able to halt the Great Reset.

7. Demand That Your State Pass Laws Against ESG Scores: In America, states have a tremendous amount of power to slow the Great Reset and protect their citizens from abuses by large corporations, banks, and international institutions. They can do this by passing laws that make the use of ESG metrics and other, similar systems by financial institutions illegal, when used as a precondition for banking services, financing, investment, etc. ESG scores are, by definition, discriminatory and should be made illegal by state lawmakers who care about protecting their citizens’ rights.

8. Make Responsible Spending a Key Issue for Politicians: In recent years, politicians on the ideological left and right have totally abandoned responsible fiscal policy in favor of vast money printing and loose monetary policies. The many trillions of dollars that have been “printed” in recent years put our economy at risk and are being used to fuel the Great Reset. Without these trillions of dollars of printed money, it would be exceptionally difficult for governments and financial institutions to buy off corporations.

9. Organize Anti-Great Reset Groups: No matter where you live, there are Americans in your community who do not support the Great Reset — Republicans, Democrats, and independents alike. Find like-minded neighbors and organize a local, peaceful resistance. Find people you can trust and agree to support one another when times get tough. Now, more than ever, we need to develop dependable communities.

10. Buy Property and Diversify: Property ownership is going to become increasingly more difficult in the months and years to come. It’s important that you work with a qualified financial adviser to help you figure out the best way to buy property and diversify your investments. Buying hard assets, including real estate and precious metals, could be a good way for you to protect against the Great Reset and a possible financial collapse. If you already own property, resist selling it to large corporations and financial institutions, whenever possible. (This is not financial advice, and I’m not a financial adviser. Talk to an expert you trust before taking action!)

11. Make the Great Reset a Litmus Test for Politicians: Before supporting politicians, find out if they know what the Great Reset is and what they plan to do to stop it. If they aren’t familiar with the Great Reset or don’t have a plan to halt it, then demand that they learn about the Great Reset and develop a proposal to prevent it. Political leaders who refuse to take the Great Reset seriously do not deserve your support. This is the key issue of our generation.

Scott Quiner was transferred over the weekend to a hospital in Texas after doctors in Minnesota threated to terminate life support measures as he battled severe complications from COVID-19. Scott's wife, Anne Quiner, appealed to the courts for a restraining order to prevent the hospital from pulling the plug as she sought a new facility to provide medical care for her husband. Scott was unvaccinated when he tested positive for COVID-19 in late October, 2021.

Anne and her attorney Marjorie Holsten joined "The Glenn Beck Program" Thursday to describe their frantic efforts to halt the hospital's decision to turn off Scott's life support — allegedly because he was unvaccinated — and just how difficult it was to get him the medical treatment he needed.

"It was absolutely stunning," Holsten told Glenn. "[Anne] came in and she has this order, I saw the screenshot from the [online medical] chart that said [Scott] is basically scheduled for execution at noon the following day."

According to Holsten, the Minnesota hospital responded to her appeal for a restraining order by claiming that the "position" to keep Scott alive "is not supported by medical science or Minnesota law. As a result, Mercy will ask the court to issue an order that Mercy has the authority to discontinue Mr. Quiner's ventilator and proceed with his medical care plan."

"The 'medical care plan' was the plan to discontinue the ventilator at noon, which leads to death very shortly. So that was at 10 o'clock, but then at 11 o'clock, before the 12 o'clock execution, the judge did, in fact, sign an order saying the hospital is restrained from pulling the plug," she added.

Anne told Glenn that doctors in Texas were shocked by Scott's condition after he arrived from the Minnesota hospital. Not only had he been given dangerous drugs, he was also found to be “severely malnourished."

"The doctor [in Texas] spent two hours with Scott and when he came back out, he said, 'I don't know how he even made it, how he even survived that other hospital ... but I will do everything I can to try to save his life,'" Anne explained.

"And the doctor [in Texas] said Scott was the most undernourished patient he has ever seen," Holsten added.

"Glenn, we are first bringing this battle to the court of public opinion," Holsten continued. "What we are showing the world is that Scott was near death because of the protocols used in that [Minnesota] hospital, but now he is recovering. He is getting better.... Now, we're not planning a funeral, we're planning for his release."

Watch the video clip below for more details.

If you'd like to help support the Quiner family, please consider making a donation to GiveSendGo.com/Anne.


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