Neil Cavuto Interview

GLENN: From Radio City in Midtown Manhattan, the third most listened to show in all of America. Hello, you sick twisted freak. Welcome to the program. Everybody talking about the economy today. As you know, I have been pounding since August that we were in for real trouble, that we were in for the 1970s, especially if we have a Democratic congress and presidency and if we put any more pressure on the table, anything like a bad terrorist attack that I believe we could see the 1930s all over again because there is just a lot of fear out there and there is some fundamental things that are happening with our banking system and just the fundamental system has some real problems with it. I want you to know that usually everybody is yelling at me because, oh, yeah, Mr. Doomsday. Well, let me tell you. Today I'm an optimist. This is not -- this is the beginning of a soft landing, I hope. You know, I've told you for a while the best scenario is to land this thing and put this economy down on the ground and land it softly. Hopefully it won't just fall out of the sky with some sort of downward pressure of some, you know, big incident that happens on the globe and I think this is just a sign of the soft landing and it's good news. And as of 11:07 a.m. Eastern time, the Dow is down 89 points. The guy who I'm running a warm tub for right now, Mr. Neil Cavuto. How are you, Neil?



Neil Cavuto, Sr VP, Anchor & Managing Editor, Business News


FOX Business Network

CAVUTO: Hi, Glenn, how are you?

GLENN: I'm fine. You know, it's better if you slice them not across but lengthwise.

CAVUTO: Got to be ice.

GLENN: No, it has to be warm. Has to be nice and warm and just kind of drift off to sleep, you know?

CAVUTO: I got you.

GLENN: So how are you feeling today?

CAVUTO: You know, like you I think that, you know, you hope that what the Federal Reserve did today by cutting interest rates dramatically, 3/4 of a point before the market even opened and what the President and congress want to come up with in terms of fiscal stimulus does the trick and so it's soft landing, I think either of the moves and particularly both of the moves is more a sign of panic than anything else. I don't know if -- I know you and I might differ on this. I don't know if either was warranted. I do believe, though, that they might have the short-term desired effect. I just worry about the precedent that's set, Glenn, when we do something this dramatic in the face of a still pretty good economy.

GLENN: Neil, you and I only disagree on one thing and that is I think that our fundamentals are in trouble but I'm not for a stimulus package and I'm not for the rate cut. I think the rate cut, I think you are exactly right and I think you saw it. When Bernanke came out at 8:00 you saw the futures. They actually went down.

CAVUTO: That's right.

GLENN: I mean, you know this stuff. I'm just a schlub, you know, that listens to people like you. But you've got to know people on Wall Street. I'll bet you that there are a lot of people on Wall Street like me that say, look, if you want to fix this thing long term, let it heal itself. Just leave it alone and let it come down and fix itself and it will come back up.

CAVUTO: Well, you know, it's the idea when they put these circuit breakers in on Wall Street after the big crash that it was supposed to let cooler heads prevail and mitigate the damage. I sometimes think it just extends the agony and -- but that's a whole other beef, Glenn. My beef here with this is that much of the damage that's been done in our economy has been really in financial bank mortgage-related, housing-related stock and that's a big part of the economy. But we've seen that it isn't in oil stocks. CSX came out with great earnings today. It's not in multinational. GE and DuPont coming out with great earnings. So my point is that for a sector of the economy that's having problems, we are applying this dramatic rescue package and I just worry. You know, we kind of shoot through the arsenal. It's like opening up the strategic petroleum reserve when gas prices pick up a little bit. I mean, at what point do you use the reserve? The government has a reserve but we're blowing it right now on conditions that might not warrant it.

GLENN: But isn't that the American thing? I mean, that is why -- why do we have flesh-eating bacteria? Because we overprescribe antibiotics.

CAVUTO: Right, right.

GLENN: It's exactly the same thing. Neil, you say that this is really just about the banking system. However, explain to me again, a guy who just really started looking at the economy over a year ago. The problem is not just in the banking system. The problem is if I'm a -- let's say I'm a farmer or, you know, I make widgets. The problem is in the short-term commercial paper. If the banks are screwed up and the banks are holding onto their money and I'm trying to make widgets, I need a quick loan to be able to make that widget and get it off to market. If the bank is holding onto their money, they are not going to give me a loan and so really who's hurt are not necessarily these giant, you know, General Motors but it's the banks and the small little widget guy.

CAVUTO: Well, I do agree with that. There is a clear spillover effect with banks in trouble than there is, let's say with a chip bank or a cell phone maker in trouble. But I still step back from it, Glenn, and say I can understand the fear of being that banks tighten up on lending, in this environment they are getting very, very cautious, which they are. But, you know, customers are feeding this beast as well, Glenn. I mean, they are not only waiting for home prices to go down but the Fed has spoiled them into thinking that if they wait, foreign costs will go down. So ironically the Federal Reserve has set up this conundrum where, look, I mean, that house I want in that neighborhood I want, not only is that going down but if I stick to my guns and wait this out, maybe borrowing costs will go down. So that ironically could be compounding the situation. And that's all I worry about. I worry about doing this as well when we have a lot of signs of inflation.

GLENN: Hang on. Will you be honest with me? Are you really, are you really not sure? Because I've got to tell you. When you say I'm worried that the Fed is compounding that, to me there's no doubt that the Fed is.

CAVUTO: I'm not -- you know, believe it or not as much as I talk about the Fed, what really bothers me and I think why we're selling off, I think you touched on this at the outset is the federal prescription. You know, Glenn, you and I, you know, are old enough to remember how the Government made what could have been a shallow recession during Jimmy Carter something much worse and how Richard Nixon's price controls made what's a bad time for the economy much worse. So when the Government intervenes after most of the animals have left the barn to try to protect the barn, I worry about the barn, about us. And that's my concern.

GLENN: Who is the best -- when you look at all of the different stimulus packages from all of the, all of the candidates -- and let's just talk conservatives here because that's mainly who's listening to our program. They are going to vote for somebody from, I mean as far left as you're going to go is John McCain most likely. So talk to me about the Republican side. Who has the best handle on the long-term economy and what needs to be done? Rate them for me. Can you?

CAVUTO: I would say I'm a big believer, it's just my bias, Glenn, for something that doesn't have quick Band-Aid solutions. In other words, a rebate check, as soon as they get I it, by the way, March and April, it's for someone who mixes that or couples that with either sustainable tax rate cuts like the President offered in the beginning of his term with those rebate checks. That's why that --

GLENN: Do you really believe in the -- you believe in $800 --

CAVUTO: No, I don't.

GLENN: Oh, okay.

CAVUTO: I'm saying that I thought that was a waste of time than it is now. But -- and this is what I believe will help the President's work in 2001 and 2002. He coupled that with long-term rate cuts. But you are quite right. I think giving, you know, checks to people in their hot hands, I'm just going to go out and buy bakery products myself.

GLENN: You and I need to party, man. It will be a really sad. Oh, my gosh, it will just be éclairs like crazy.

CAVUTO: But, you know, that's what I worry about. But if you had to, say all the candidates in a proposal, Rudy Giuliani's at least mixed his long-term stable tax cut simplification. In other words, not keep six down to three. Mitt Romney, while he does provide a great deal of stimulus, he does want to keep the tax cuts permanent. There's got to be --

GLENN: Is there anybody besides Romney? Giuliani's got to be doing this. Is there anybody but Romney that is saying take the corporate tax rate significantly down?

CAVUTO: Well, they are all kind of preaching that now.

GLENN: That really means it.

CAVUTO: But it was a late conference at this. I really believe that the two, Romney and Giuliani, offer I think something that has more sustaining value. But again, both of their packages call for some quick fixes that I don't know if the Government's willing to provide.

GLENN: Who is the best on the Democratic side?

CAVUTO: They are all, at least as far as the Government's role, awful. They really are. And my fear is something Hillary Clinton said last night in the debate when she said, you know, I'm not budging on this universal healthcare for every American. Now, I commend her for being clear on it. I just don't know whether this is the environment to be forcing that on people, whatever your good intentions.

GLENN: You know, everybody says that the, you know, oh, the Clinton years, they were the best. And correct me if I'm wrong, Neil. You would probably be best suited to recall this. Not until the Republicans took over congress.

CAVUTO: Well, that's true.

GLENN: They were a nightmare.

CAVUTO: Well, the first two years was a disaster as you know and when congress flipped in '94, remember he was going around the country saying it's still relevant. I've been telling my wife that for years, I'm still relevant.

GLENN: She doesn't believe you.

CAVUTO: You can't deny that, but things really picked up steam and Washington, you know, reined in spending. I think it's good to have opposing parties going at it.

GLENN: I do, too.

CAVUTO: But that's history now.

GLENN: So what's your prediction for the end of the day?

CAVUTO: Well, you know, we're down 75 points now with volatile trading. I think we'll kind of contain this by day's end but I don't think we're out of the woods. I only say that because we set up false expectations to the market that if they whine and they bitch enough, someone's going to give them the present and the present will be maybe even more stimulus, maybe even more rate cuts. But if they don't provide it, they stomp their feet, they sell off more and they demand more and now they know that people will respond. So we might dodge the bullet today but I think there are more.

GLENN: If we only drop 100 points or something today, does that surprise you, seeing that they closed? Didn't they close France or was it India? I mean, there were a few markets around the world that actually --

CAVUTO: Right, they stopped trading.

GLENN: They stopped trading. Are you surprised that we haven't had -- if -- you know, we assume that it closes around 100 points down.

CAVUTO: Right.

GLENN: Are you surprised at that?

CAVUTO: Well, I'm not as surprised how liquid and resilient our markets are in that we don't have sort of like the panic sessions, I'm not saying panic in terms of point drops but we seem to be better able to respond to that. In India they got so overwhelmed with sell orders, at the point they were selling nearly 9% which reminds me of my Uncle Louie, he just closed shop, couldn't deal with it. That's what India did, they couldn't deal with it and they shut it down. We saw that in Europe as well yesterday when they just couldn't keep up with the sell orders. Say the markets and the problems and the economy and our fights and our bickering, we do have markets that are transparent and able to deal with this sort of thing. It ain't easy but when everything hits the fan, I would much rather be here than there.

GLENN: On a personal note, Neil, in I think two weeks from now, I've decided that I -- and I haven't even announced this to the audience yet. I swore off all charities after 9/11. I said I would never endorse a charity. The only one that I would endorse is the USO of New York because I actually physically go there and have, you know, packed boxes for the troops. But I have not endorsed a charity. I'm going to endorse a charity here and help them raise funds because I so believe the demand behind it and that's the Huntsman Cancer Center.

CAVUTO: Oh, man, yeah. Good thing to do.

GLENN: I know you are a friend of Jon Huntsman. One of the most amazing --

CAVUTO: Believe me, my friend, they are big friends of yours. I mean, your one-hour show you did with him on CNN, phenomenal. I mean, very few people have the guts to devote an hour to a single guest who on paper doesn't seem riveting.

GLENN: Can I tell you something, Neil?

CAVUTO: That was gripping.

GLENN: They fought me on that. Nobody wanted to air that. They were like, oh, this is going to die. It was a highly rated show.

CAVUTO: It was a phenomenal show. I'm not blowing smoke but I think I e-mailed you to that effect because that was gripping. It was gripping, it was tear-jerking. It made you sit back and think, what are we here for. That was great.

GLENN: He's one of the most amazing businessmen I've ever met, one of the most full -- I really, truly believe the guy who I have met in my life who I think has more integrity than anyone I've ever met.

CAVUTO: Oh, I agree with you. What I love about him is, you know, I've been to the Huntsman Foundation as you have there and I'm always amazed by a billionaire who says we've got to cure cancer, we've got to cure cancer.

GLENN: Oh, he didn't tell me we've got to cure it. He said he's going to cure it.

CAVUTO: Yeah, that's high to say that and I'm always just so amazed by a guy who has now said I want to give all my money away. And like you, I mean, I had said that did you check this out with the kids? But God bless him. I mean, you don't find people like that. And -- but you get to give your time, commitment and money.

GLENN: Neil, love you more than life itself and I put you in the same category as Jon Huntsman.

CAVUTO: Well, there is this Neil Cavuto foundation.

GLENN: Oh, phone's breaking up, got to run.

CAVUTO: Okay.

GLENN: Neil Cavuto, got to run. Appreciate it, bye-bye.

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.


Want more from Glenn Beck?

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The Great Reset is not just an elitist idea — it’s not even a socialist utopian concept. It’s a real-world fascist threat to every American from Wall Street to Main Street. It’s happening now in policies and cultural shifts big and small, obvious and subtle, from environmental promises to corporations going woke. But the mainstream media, global elites, and politicians brushed off the Great Reset as “nothing to see here.” Another myth they push: “The World Economic Forum is just a conference for elites who have no REAL power.”

Glenn Beck first exposed the Great Reset almost two years ago, and the globalist cries of "conspiracy theorist" soon followed. They said he believed the WEF was a “master cabal calling the shots from some evil underground lair.” But Glenn Beck never said that. Instead, he uncovered the true intentions of global leaders in finance and politics by simply highlighting their own words.

This week, the same global elites are doubling down on their agenda at the World Economic Forum’s Davos Agenda virtual event. But still, the global elites — like Twitter’s Jack Dorsey — are trying to downplay the WEF’s influence to stop people like us from interfering with their plans. The oligarchy will prosper in the new world order they’ve designed. You will not.

So Glenn unveils a master chalkboard based on his best-selling new book to outline the threats from globalists and why we must stop their agenda if we hope to keep the precious freedoms we still have.

Watch the full episode of "GlennTV' Below:

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Kim Iversen, journalist, YouTuber, and host of "The Kim Iversen Show," reacted to Glenn Beck's appearance last week on "Tucker Carlson Tonight" by conceding that, while the subject of Beck's new book, "The Great Reset: Joe Biden and the Rise of Twenty-First-Century Fascism" might at first sound "a little bit loony," closer analysis confirms "this isn't such a crazy conspiracy theory after all."

"Glenn Beck was on Tucker Carlson's show last week touting what has been called a right-wing conspiracy theory and discussing his new book, 'The Great Reset: Joe Biden and the Rise of Twenty-First-Century Fascism'," began Iverson on The Hill's "Rising."

"Well, maybe that all sounds a little bit loony — and believe me, I do think Glenn Beck tends to be a loon," she quipped. "But, maybe this isn't such a crazy conspiracy theory after all. And after seeing everything we've seen with the governments enacting all sorts of authoritarian controls and many other conspiracy theories coming true, maybe there's something to be concerned about. So, what is the Great Reset? The name even sounds conspiratorial, but believe it or not, it's a real thing."

Iverson went on to explain exactly who is behind the Great Reset, what their agenda entails, how they are using the COVID-19 pandemic to "to rebuild society in a way the global elites see best fit."

"You'll own nothing and you will be happy: That's what they're saying," Iverson explained. "And with inflation sky high and no signs of it slowing down, they might be right. We are on our way to becoming a nation of renters, but don't worry it's nothing to fear ... don't worry, everything is being done under the premise that this is all ... being done for our own good, the benefit of a collective society, and we will be happy," she added sarcastically.

Iverson concluded by asking, "Who thinks it's a good idea that a bunch of corporate millionaire and billionaires and world leaders are getting together and coming up with what's best for we the little people? I mean, who thinks that that's a really good idea? And who thinks that they are going to be doing it for our benefit? But, of course they're going to frame it like 'Oh, this is good for you. You're going to rent. You'll own nothing and you'll be happy. Don't worry about it' ... When you look at the actual list of partners with the World Economic Forum, they control everything. They control media. They control health. They control business. They control everything, and so then it does become, how do we people fight against that?"

Watch the video clip below to hear Kim Iverson break it down and don' t miss Wednesday night's special episode of "GlennTV" on BlazeTV’s YouTube channel.

Iversen joined Glenn Beck on the radio program to discuss what The Great Reset is and how YOU can help stop it. Watch the video clip from "The Glenn Beck Program" below:

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.