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TERMS OF USE | PRIVACY POLICY

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Glenn Beck: The War on Capitalism

October 28, 2009
 Radio Clips

The Glenn Beck Program


Stephen Moore from the Wall Street Journal

GLENN: We've been talking about George Soros. George Soros is dumping another $50 million into a

PAT: Antifree market think tank.

GLENN: Yeah, well, it's Democratic, you know, like Chavez is Democratic. It's a Democratic antifree market think tank.

PAT: He's hoping to put together $200 million to explain to people the economics of failed, this paradigm has failed.

GLENN: Yeah. Well, it only made him $9 billion last year.

PAT: Yeah. And, you know, had it been for if this was a socialist system

GLENN: He would have been

PAT: How much more could he have, I mean

GLENN: Right.

PAT: Look at those communists back in the Fifties, the lavish lifestyles they... didn't really lead. But let's not think about this too deeply.

GLENN: Deeply. Yeah, let's just

PAT: He could have been standing at cheese lines, but he wasn't.

GLENN: But he wasn't.

PAT: No.

GLENN: And you know what he could have done, he could have just got the new Russian system which is an oligarchy where we could just have a few people like George Soros ruling the entire world. Wouldn't that be fantastic?

PAT: Oh, wow.

GLENN: So anyway, he's putting this think tank together and quite honestly we went over the names and we have no idea who these people are. So I thought I would call one of the smarter guys that I know on the economy and that's Stephen Moore. Is he on?

MOORE: Hey, Glenn.

GLENN: Hey, Steve, how are you?

MOORE: Great to be with you. By the way, when I listen to your show, I never feel like I'm slumming it.

GLENN: You never? Sure. Okay, so Steve, I want to go through this list of names.

MOORE: Okay.

GLENN: And you tell me who these guys are because

MOORE: Before you do that, can I just say one thing about this project?

GLENN: Yes.

MOORE: I mean, the thing that I find so humorous about this, you know, a $200 million new endowment that he wants to build up to attack the ideas of free market capitalism. All I could think of is, Glenn, is he paying attention on what's going on in American academia? He doesn't have to spend $200 million on this. There's billions of dollars. Every academic stack virtually in the country, especially when you look at the liberal arts and, you know, sociology and psychology and stuff. They spend every minute of every day attacking capitalism.

GLENN: My daughter is dating a guy who's going for economics in college, and he said his professors are all saying the same thing: Free market system doesn't work, it's a joke, doesn't work.

MOORE: And most schools already have departments in Marxism and so the idea I mean, he should just visit the faculty lounge at Cal Berkeley or Harvard or Yale.

GLENN: Why doesn't he you know what? Why doesn't he just go ahead and take your $200 million and just send a bunch of people to Harvard.

MOORE: Well, but the point there is, you know, Harvard already has, what, a $6 billion endowment although the one good repercussion of the financial meltdown is Harvard's endowment isn't as big as it used to be.

GLENN: Yeah.

MOORE: But, you know, the other thing about Soros that's important for your listeners to understand is how he made his money. And Soros made a huge amount of his money as a financier by shorting the dollar.

GLENN: I get a lot of conspiracy notes, Stephen, from people who say that that's, that's what his real game is here, that he is one of the main instruments pushing all of this spending, you know, the Cloward and Piven thing, that he's one of the main instruments pushing all of this nonsense and he's going to short the dollar at the last minute and he'll clean up.

MOORE: Well, you know, look. I don't know if this is a conspiracy or not but I do all I know is the facts, and the facts are that he has made a lot of money shorting currencies of countries. He shorted the, you know, Russian Ruble, he shorted the dollar during the period of crisis in the dollar. So I wouldn't it wouldn't shock me at all that he is pursuing policies that will undermine the U.S. dollar and undermine the growth of the U.S. economy, and he has found a formula for making money off of that. So there is at the very least a conflict of interest here. I do not believe that he's just pursuing this out of righteousness.

GLENN: Is there a way to track how much he has in treasuries and being able to see if he sells and starts shorting the dollar?

MOORE: I doubt that because it's private information but, you know, I'll do some digging on that.

GLENN: Yeah, I'd like to see.

MOORE: We do know, though, as they said we know he's become a billionaire as a currency trader and he oftentimes goes into countries, destroys their economy with his advice and then he makes money off of it. And I think that

GLENN: Well, let me tell you something. If he loses on this effort, I think we should all pool our money together and bail him out because he's too big to fail.

MOORE: (Laughing).

GLENN: Okay. So help me out with a list of these names. These are the people that he's putting together. Give me the Pat, what's the first one?

PAT: Joe Stiglitz.

MOORE: Joe Stiglitz is a Nobel Prize winner. He was the chief economist for Bill Clinton. He's moved consistently to the left. He was initially very, very free market oriented, but he has become very jaded in terms of his support for the free market. So he is one of the leading kind of left writers about all of the shortcomings about free market capitalism.

GLENN: May I switch gears here. I'm doing a thing on the dollar and the possible scenario that's headed our way and what they're going to do tonight.

MOORE: Yep.

GLENN: I want to ask you this question: Can you tell me, can you name off the top of your head anybody who is advising this president that is in his inner circle that is sincerely a true diehard believer that freedom and the free market is the answer?

MOORE: No. The only person I could think of that comes close to that would be the former Fed chairman let's see. I'm blanking out on his name, in 1980 the Fed chairman.

GLENN: Oh, Volcker.

MOORE: Paul Volcker, I was having a brain freeze there. Volcker is the only person in his entourage who even semi believes in the free market system. I understand by the way what you are going to be talking about on your show tonight about the disastrous fall on the dollar and how this is going to I call the Argentina, Bolivia and Mexico model we're pursuing right now in America.

GLENN: I've been told by somebody recently, somebody who I respect who, you know, has a lot, lot of money. They said that we are looking at Mexico 1995 possibly in the next three to five years.

MOORE: If we continue to borrow at this pace, I mean, I don't think it's going to be that bad but I do think we're going to see a continued devaluation of the dollar. I just did the calculations, by the way, Glenn. The dollar today versus what it was ten years ago, worth 62 cents.

GLENN: Holy cow.

MOORE: A dollar today is worth 62 cents. I mean, that's pretty bad. I mean, and this is and the dollar's falling every day. And the reason it's falling is because the debt is so enormous and it's going to be another $10 trillion over the next ten years. So I would agree with you. If we stay on the course we're on right now, the only way out of this crisis is by a continued devaluation of the dollar.

GLENN: Okay. I'll explain I'll explain this tonight, America, and please don't miss the first 20 minutes of the program.

Okay. So give me just the highlights because we're running out of time. Give me the highlights of the worst of the worst on this Soros council.

MOORE: All of these people, George Akerlof is a left wing professor at the University of California Berkeley, of course. He's hostile to the free market. He's written many, you know, tomes about how we need to regulate salaries, we need to regulate the free enterprise system. Michael Spence is also a big, a big leftist. They are all economists. They have many of them, by the way, have won Nobel Prizes in economics.

GLENN: What a surprise.

MOORE: But that tells you a lot about the Nobel

GLENN: Yes, it does.

MOORE: So that's what these guys are up to. He wants their qualifications and their credentials to give this new think tank to fight capitalism some gravitas.

GLENN: Stephen, on a scale of 1 to 10.

MOORE: Yep.

GLENN: 10 being, well, it's almost gone. With the things that they're talking about now with cap and trade.

MOORE: Yep.

GLENN: With healthcare.

MOORE: Yep.

GLENN: With this new regulation that's coming in that Barney Frank was talking about, the new, the expanded powers of the Fed, etc., etc. How close are we to losing the essential parts of the free market system?

MOORE: Oh, I mean, we are facing a jihad against the free enterprise system right now.

GLENN: How close, a scale of 1 to 10, 10 being we're there.

MOORE: See, this is the difference to you and I. I think we're going to bounce back. I think the American people are going to not tolerate this and I think they are not going to succeed. But right now I would put it at a scale of about a 6 or a 7. And that's, you know, that's very high on my scale because, you know, normally we're at about a 2 or 3. But these people are feeling full of their oats, there's no checks and balances right now. The only checks and balances are you and Rush Limbaugh and other people who they are trying to gag. So that's I think we are under assault. And by the way, I wanted to say one last thing, Glenn. I love your special you did on the war against small business, and you inspired me on writing a piece this week on exactly that theme for the Wall Street Journal.

GLENN: Really?

MOORE: The war against small business.

GLENN: Would you send it to me when you're done?

MOORE: Will do.

GLENN: Thanks. Stephen Moore from the Wall Street Journal.

Doctor fired for sharing FACTS about HDQ: They threatened to fire my colleagues if 'I didn't go quietly'

Shortly after appearing on "The Glenn Beck Radio Program" last Thursday, Los Angeles-based emergency medicine specialist Dr. Simone Gold got a call saying she was fired for speaking out about the efficacy of hydroxychloroquine in a now-banned viral video.

Dr. Gold returned to the radio program Monday to detail exactly what happened, the reason the hospitals gave for her firing, and how they threatened to fire her colleagues as well if she "didn't go quietly."

"Most emergency physicians work at more than one [hospital], as I do, and I've actually been fired from both," she told Glenn. "They told me that I appeared in an embarrassing video, and therefore, I would no longer be welcome to work there ... then they said, if I didn't go quietly and I made a fuss, they would have all the doctors in the group, you know, they'd have to go and they'll get a whole new doctor group."

Dr. Gold said she does not regret speaking out about hydroxychloroquine during the controversial "White Coat Summit" news conference held in Washington, D.C., last week. A video of the news conference quickly went viral on social media before being removed by Facebook, Twitter, YouTube, and others for allegedly making false claims related to COVID-19.

"Bring it on," she said. "I want to continue to live in America. I want my children to continue to live in America. I don't want them to grow up in a place like China. When you get to a point where, not only can I not speak as a scientist, as a doctor, for what I know to be absolutely true, but you then want to cancel me and my colleagues, this is not okay. I would much rather fight than not fight ... and I want everybody to know that there are literally millions and millions of Americans who are on our side. Millions. I believe it's the majority."

Glenn then asked Dr. Gold to weigh in on the Centers for Disease Control and Prevention's new guidelines encouraging schools to reopen in the fall and the left's relentless drive to keep them closed.

"There's no actual scientific debate whatsoever if schools should open. None. There's no scientific debate. There's no serious person who thinks schools shouldn't open. Now, [through] some governors and policy makers, there's pressure being brought to bear on school districts, but there's no actual scientific debate. So it's going to come down to parents pressuring their local school districts to act in a responsible fashion."

Watch the video below to catch more of the conversation:


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.

'We don't have freedom of speech anymore': Greg Gutfeld on how INSANE cancel culture has become

Fox News host Greg Gutfeld joined Glenn on "The Glenn Beck Podcast" this week to talk about his new book, "The Plus: Self-Help for People Who Hate Self-Help."

Greg admits he is probably the last person who should write a self-help book. Nevertheless, he offers his offbeat advice on how to save America during what has become one of the most tumultuous times in history, as well as drinking while tweeting (spoiler: don't do it).

He also shares his "evolution" on President Donald Trump, his prediction for the election, and what it means to be an agnostic-atheist.

In this clip, Greg shares what he calls his "first great epiphany" on how dangerous cancel culture has become.

"I believe that cancel culture is the first successful work-around of the First Amendment," he said. "Because freedom of speech doesn't protect me from my career being ruined, my livelihood being destroyed, or me getting so depressed I commit suicide. Cancel culture is the first successful work-around of freedom of speech. It can oppress your speech with the scepter of destruction. We don't have freedom of speech anymore."

Watch the video clip below or find the full Glenn Beck Podcast with Greg Gutfeld here.

Want to listen to more Glenn Beck podcasts?

Subscribe to Glenn Beck's channel on YouTube for FREE access to more of his masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, or subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Use code UNMASKED to save $20 on one year of BlazeTV.

'What I discovered was absolutely shocking': Doctor reveals the REAL reason for anti-hydroxychloroquine hype

Dr. Simone Gold joined Glenn Beck on the radio program Thursday to set the record straight about hydroxychloroquine -- what it is, how it works, and the real reason for all the current controversy surrounding a centuries-old medication.

Dr. Gold is a board certified emergency physician. She graduated from Chicago Medical School before attending Stanford University Law School. She completed her residency in emergency medicine at Stony Brook University Hospital in New York, and worked in Washington D.C. for the Surgeon General, as well for the chairman of the Committee on Labor and Human Resources. She works as an emergency physician on the front lines, whether or not there is a pandemic, and her clinical work serves all Americans from urban inner city to suburban and the Native American population. Her legal practice focuses on policy issues relating to law and medicine.

She is also the founder of America's frontline doctors, a group of doctors who have been under attack this week for speaking out about hydroxychloroquine during a news conference held outside the U.S. Supreme Court in Washington D.C.

On the program, Dr. Gold emphasized that the controversy over hydroxychloroquine is a "complete myth."

"Hydroxychloroquine is an analogue or a derivative of quinine, which is found in tree bark. It's the most noncontroversial of medications that there is," she explained.

"It's been around for centuries and it's been FDA-approved in the modern version, called hydroxychloroquine, for 65 years. In all of that time, [doctors] used it for breast-feeding women, pregnant women, elderly, children, and immune compromised. The typical use is for years or even decades because we give it mostly to RA, rheumatoid arthritis patients and lupus patients who need to be on it, essentially, all of their life. So, we have extensive experience with it ... it's one of the most commonly used medications throughout the world."

Dr. Gold told Glenn she was surprised when the media suddenly "vomited all over hydroxychloroquine", but initially chalked it up to the left's predictable hatred for anything President Donald Trump endorses. However, when the media gave the drug Remdesivir glowing reviews, despite disappointing clinical trial results, she decided to do some research.

"[Remdesivir] certainly wasn't a fabulous drug, but the media coverage was all about how fabulous it was. At that moment, I thought that was really weird. Because it's one thing to hate hydroxychloroquine because the president [endorsed] it. But it's another thing to give a free pass to another medicine that doesn't seem that great. I thought that was really weird, so I started looking into it. And let me tell you, what I discovered was absolutely shocking," she said.

Watch the video below for more details:


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.

DEADLY LIES: How media attacks on Trump put our KIDS in danger

According to the mainstream media's COVID-19 narrative, the president is "ignoring" the crisis.

On tonight's "Glenn TV" special, Glenn Beck exposes the media's last four months of political theater that has helped shape America's confusion and fear over coronavirus. And now, with a new school year looming on the horizon, the ongoing hysteria has enormous ramifications for our children, but the media is working overtime to paint the Trump administration as anti-science Neanderthals who want to send children and teachers off to die by reopening schools.

Glenn fights back with the facts and interviews the medical doctor Big Tech fears the most. Dr. Simone Gold, founder of America's Frontline Doctors, stands up to the media's smear campaign and explains why she could no longer stay silent in her fight against coronavirus fear.

Watch a preview below:


In order to watch tonight's episode, you must be a BlazeTV subscriber. Join today to get a 30-day free trial, and get $20 off a one-year subscription with code UNMASKED.

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.