Glenn talks with Stephen Moore about the economy

GLENN: Radio City was built in the 1930s to house network radio shows. The United States government got involved and said you can't do that and so Radio City never had network radio shows in it that broadcast daily until today, putting the radio back into Radio City. Hello and welcome to the program. My name is Glenn Beck. I am so glad that you're here.


 


 Stephen Moore is one of the big cheeses over at the Wall Street Journal. He started Club For Growth, he's an optimist on the economy, right, Stephen?


 


 MOORE: Well, you know, I mean, I'm getting a little more sour every day in the stock market. By the way, Glenn --


 


 GLENN: You are starting to come my way, aren't you, baby?


 


 MOORE: You made election coverage so much fun last night. I mean, this is the way to coverage elections. So congratulations on a great night last night.


 


 GLENN: Thank you. I don't know if a soul watched it but we had fun. So Stephen, let me first start with what the heck happened with the Dow yesterday?


 


 MOORE: Well, you know, I think you put your finger on the problem that we got in Washington right now which I think is depressing the stock market which is, you know, it used to be we the people in this town and now it's we the special interest groups.


 


 GLENN: Yeah.


 


 MOORE: And we have a budget that is out of control, we have politicians that keep saying that they can give out political favors like their candy, you have the major Democratic candidate Hillary Clinton. I don't know if you saw this week, Glenn, when she said that we may have to garnish people's wages to pay for her healthcare plan. I mean, this is insane kind of talk out of major candidates.


 


 GLENN: How long before the business community says, good God almighty, we have got to pull our money out of the United States and put it some place else?


 


 MOORE: Well, you know, that's really a big problem with the U.S. economy right now because as you and I have talked about before on this show, the biggest sickness on this economy over the last few years has been the fall on the value of the U.S. dollar. Our dollar is depreciating in value and when that happens, it means that investors from around the globe find America to be a less attractive place to invest in and foreign investment over the last, you know, 20 years has been one of the engines for our growth. If foreigners pull out because of fears of higher taxes or government-run healthcare system or our budget run amuck, that's going to bring the economy down.


 


 GLENN: Okay. So I said earlier today, Stephen, that you know, you get government healthcare in with Obama or Hillary Clinton and I said, it ain't gonna last and here's why, and please talk me down from this tree if I'm wrong.


 


 MOORE: I'll try.


 


 GLENN: Here's why it won't last. Because you cannot put something that large on the table without addressing Medicare, Medicaid, Social Security already. The credit of the United States will be downgraded, the rest of the world will know we're not serious by any stretch of the imagination. In a very short period of time foreign governments will say, I'm not loaning these people any money because they can't pay it back.


 


 MOORE: Well, I don't know if this answer's going to talk you down from the ledge but, you know, we just had the President's budget came out $3.1 trillion. That's up from $1.9 trillion just seven years ago. So that's a pretty fat increase. And President Bush had a proposal. I mean, it really accentuates the point you're making. President Bush said instead of having Medicare grow by 8% per year, let's let it grow by just 5 1/2% per year. And my God, the interest groups and the Democrats and the liberals said this is going to be the end of civilization if we only allow the Medicare program to grow by 5 1/2% per year. I mean, it's just, I can't describe to you the insanity of the way these people spend money. They think money is free in this town.


 


 GLENN: All right. So Stephen, please speak clearly to the average person.


 


 MOORE: Right.


 


 GLENN: Because the average person says, well, we've always had deficits, we've always never had too much money, it's always worked out, it's always... what is coming is dramatically different. Yes or no?


 


 MOORE: Well, it is because when you talked about the healthcare system and both Hillary and Obama have plans to nationalize healthcare, that is almost 15% of the U.S. economy. If we socialized our healthcare system, I mean, what's next? Are we going to socialize the automobile industry? Are we going to socialize the computer industry? Are we going to socialize steel production and so on? We are not a socialist country but what's scary is a lot of voters say they want to take America down a socialistic road. At the same time most countries are moving away from socialism because it doesn't work!


 


 GLENN: Okay. Two things. Yesterday there was -- and I don't know that -- you know the people who give the ratings for the bond insurers?


 


 MOORE: Yes.


 


 GLENN: They made an announcement yesterday, because I've been watching this and I'm such a novice on this. I've been watching the bond market because it's my understanding that if the insurers are downgraded and these bonds lose their AAA status, a lot of these retirement funds are going to be forced to dump these bonds because they can't hold them anymore and this is a really bad thing.


 


 MOORE: Well, it's really bad and it's bad because if the U.S. Government were to lose its AAA bond rating and I don't think it's going to happen anytime soon but if we continue on this path, it will happen. What it means is not only will we be borrowing trillions of dollars, Glenn, it also means that we're going to have to pay more interest on that. So it becomes a cycle, you know, it becomes a destructive cycle of higher interest rates and higher debt.


 


 GLENN: Right. But what I'm talking about specifically are the municipal bonds, the ones where these insurance companies are now being downgraded. Yesterday, I don't know if you saw this, one of the big, you know, ratings company said we're putting them on hold or we're putting them on notice, which is the intermediate step of basically warning people we're going to down grade these bonds.


 


 MOORE: Right.


 


 GLENN: Is that true or false or what is going on there?


 


 MOORE: Well, I'm not sure of the specific story you're talking about but, you know, you have both the federal debt that we were talking about and then, you're right, you have states and localities that do billions of dollars of borrowing, too. And the problem for the states and localities is that, you know, their primary source of income is property taxes. But when you have a housing crisis like we do now where housing values are declining, that means that people pay less property taxes because their house is worth less. And guess what. That means that states and cities have a very difficult time paying their bill. The state to really pay attention to is California. I mean, my goodness. California already has a $14 billion deficit and it's growing every week.


 


 GLENN: Yeah, the whole -- I love this story today. The Hollywood homes have lost 48% of their value. Did you see that story?


 


 MOORE: You know, I mean, it couldn't happen to a nicer group of people.


 


 GLENN: Let me ask you. Scale of 1 to 10, 10 being Armageddon, 1 being Ronald Reagan with a Republican congress that was in control, rate the candidates on what they are going to do to the economy.


 


 MOORE: Well, I think, you know, the interesting kind of thing on the Democrat side of the aisle is that Obama's actually moved more to the middle on economics and Hillary has moved way to the left. So I would say that -- wait. What's the worst score?


 


 GLENN: 10 is Armageddon.


 


 MOORE: Okay. 10 is Armageddon. So I give Hillary about a 9. I would give Obama about an 8 because he wants to cancel the Bush tax cuts and raise capital gains and raise the payroll tax. And I give John McCain about a, maybe a 3 or 4.


 


 GLENN: That's not as bad as I thought. Maybe I'm a McCainiac. Stephen Moore, thank you. We'll talk again, my friend.

We did our homework over the weekend; we did the research so we can tell you what is likely coming from Senate Democrats regarding President Trump's Supreme Court Nominee Amy Coney Barrett. Based on our research and the anonymous people who have already come forward to talk about Coney Barrett's youth, these are the main shocking things you can expect Senate Democrats to seize on during the confirmation process…

A man has come forward under the banner of "#MenToo," to say that in second grade, Amy Coney Barrett and her best friend at the time, cornered him at a birthday party at Chuck-E-Cheese and "injected him with a full dose of cooties." Which, if true, would obviously be disqualifying for serving on the highest court in the land.

Then there's a woman who says when she was nine-years-old, she lived on the same street as Amy Coney Barrett. She alleges that Coney-Barrett borrowed her VHS tape of Herbie Goes Bananas and did not return it for at least six months. And then when she did finally get the tape back, the woman says Coney Barrett did not even bother to rewind it. The FBI has interviewed at least two witnesses so far who say the tape was indeed not rewound and that it was very upsetting to the owner of the tape. Again, if true, this is troubling – clearly not the kind of integrity you want to see in a Supreme Court justice.

Apparently, in their elementary school days, they liked to drink milk – and lots of it.

The same neighbor also dropped a bombshell allegation about the drinking problem of Amy Coney Barrett and her closest friends. Apparently, in their elementary school days, they liked to drink milk – and lots of it. The neighbor says she "frequently" witnessed Coney-Barrett and her friends chugging entire cartons of milk – often Whole Milk, sometimes Chocolate Milk, occasionally both at the same time through a funnel.

Unfortunately, shooting-up cooties, injurious rewinding, and potential calcium-abuse are not even the worst of it.

A third person has now come forward, another man, and this is just reprehensible, it's hard to even fathom. But he alleges that in fourth grade, when they were around ten-years-old, Amy Coney Barrett and a group of "four or five of her friends" gang-GRAPED him on the playground during recess. He alleges the group of friends snuck uneaten grapes out of the cafeteria and gang-GRAPED him repeatedly in broad daylight. In other words, and I hate to have to spell this out because it's kind of graphic, but the group led by ten-year-old Amy Coney Barrett pelted this poor defenseless boy with whole grapes. He recalls them "laughing the whole time" as they were gang-GRAPING him.

He recalls them "laughing the whole time" as they were gang-GRAPING him.

Obviously, even if just one of these allegations is half-true, no Senator with a conscience could possibly vote to confirm Coney Barrett. When there is a clear pattern of destructive childhood behavior, it always continues into adulthood. Because people do not change. Ever.

Fortunately, for the sake of the Republic, Democrats plan to subpoena Coney Barrett's childhood diary, to see what, if any, insights it may provide into her calcium habits, as well as her abuse of illicit cooties and the gang-GRAPING incident.

We will keep you posted on the latest, but for now, it looks like Democrats will find plenty in the reckless pre-teen life of Amy Coney Barrett to cast doubt on her nomination. And if not, they can always fall back on her deranged preference for letting babies be born.

[NOTE: The preceding was a parody written by MRA writer Nathan Nipper.]

On the radio program Friday, Glenn Beck discussed the recent news that a primary source for the Steele Dossier — the document on which much of the Trump-Russia collusion investigation was based — had been investigated by the FBI for contacts with suspected Russian spies. Glenn also shared several previously unpublished texts and emails from FBI agents have recently been released.

According to a letter sent by Attorney General William Barr to Senate Judiciary Committee Chairman Lindsey Graham (R-S.C.) on Thursday, the FBI knew early on that the research compiled by ex-British intelligence agent Christopher Steele relied on a "Primary Sub-source" that had been "the subject of an FBI counterintelligence investigation from 2009 to 2011 that assessed his or her contacts with suspected Russian intelligence officers" — but still used it to obtain warrants to spy on former Trump campaign-aide Carter Page.

But, it gets even worse. Now, new leaked texts and communications from FBI agents within the department at the time of the entire Russian collusion effort were disclosed in federal court filings on Thursday. According to the court documents, FBI agents purchased "professional liability insurance" to protect themselves in January 2017, just weeks before Donald Trump was inaugurated president, because they were concerned about the agency's potentially illegal activity during the Russia collusion investigation.

"Trump was right," one FBI employee wrote in response to then-President-elect Trump's Jan 3, 2017 tweet which read: "The 'Intelligence' briefing on so-called 'Russian hacking' was delayed until Friday, perhaps more time needed to build a case. Very strange!"

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.

Chief researcher Jason Buttrill joined Glenn Beck on the radio program Thursday to discuss an "explosive" new report released Wednesday by Senate Republicans on Democratic presidential nominee Joe Biden's son, Hunter Biden, and the Ukrainian energy company Burisma.

Among other serious allegations, the 87-page report claims that "Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow," and the richest woman in Russia.

"The transactions discussed [in the report] are designed to illustrate the depth and extent of some questionable financial transactions. Moreover, the financial transactions illustrate serious counterintelligence and extortion concerns relating to Hunter Biden and his family," the report stated.

Jason suggested the Senate's findings provide additional evidence to back allegations of a money-laundering scheme, which Glenn detailed in a four-part series about Biden's shady connections to Ukraine. Learn more on this here.

"Laundered money is very hard to track to its finality," Jason explained. "I'm sure the Biden camp is really hoping that it just looks suspicious, but [investigators] don't ever find the eventual end point. But, if they do – and it's possible they already have – this is going to be explosive, very explosive."

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.

Revolutions rarely happen overnight. The Left started laying the groundwork for November 3, 2020, the moment Hillary Clinton had to concede the 2016 election to Donald Trump. It was always solely about getting rid of President Trump — and there's a playbook for that.

Last week, Glenn Beck showed you the "Seven Pillars of Color Revolution" written by a former U.S. diplomat, which are the conditions that must be in place for a successful Eastern European-style "Color Revolution." The left seems to be pushing for a Color Revolution this election because they are using the exact same playbook.

In part two of this series, Glenn peels back the layers on the first four of these Color Revolution pillars to show you how they work and what the end goal is. And he reveals one of the architects of the playbook – a Color Revolution specialist, former ambassador, and former Obama administration official who is one of the key masterminds of this revolution.

Joining Glenn is political campaign veteran and BlazeTV host Steve Deace who says the polls that claim Biden is leading the race "are trash." We're being set up to believe that if Trump wins in spite of the polls, it must be an invalid election.

Watch the full video below:


WATCH all of Glenn's Specials on BlazeTV:

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 multiplatform network of voices who love America, defend the Constitution and live the American dream.

Save $10 with promo code GLENN.