Glenn Beck: Not looking good


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GLENN: That's what this bailout is about. Try to land the plane in a place and try to land the plane in as intact condition as you possibly can because you want to be able to use some of the stuff on the plane, and this bailout is bullcrap when it comes to, "Oh, this is it." I told you that with AIG. Don't believe when they said, "Well, this is it." What they learned last week is it is much worse than they thought. The quote that caught my eye on Wall Street Journal on Saturday was from Hank Paulson, the secretary of the treasury. Wednesday night they realized this isn't going to work, the AIG thing is not going to work. They went to the President and met with the President for 45 minutes. It's my understanding that the President was not for additional bail he was like, okay, whoa, whoa, whoa, whoa, whoa. And they explained to the President what's called commercial paper. Commercial paper, without getting all bogged down in details, basically if you are a business, a big business, a small business, you need to take loans out. If you are a farmer, you know you have to take a loan out to be able to buy the seeds, buy the fertilizer, everything else so you can put the fertilizer and the seeds in the ground. Then you are going to need to take a loan out to get it, to harvest it, to get it to market and then you pay that loan back. It's the way that this runs. Small business, farms, General Motors, they run on commercial paper, which is just short term loans. It happens all the time. You go, you know your banker, "Okay, I need a short term loan, got it, got it," boom, boom, boom, and it's done. That's the way business is run. On Wednesday there was no commercial paper available, none. America had zero loans for business by Wednesday afternoon, none. When that happened they realized, the market started to realize that, wait a minute, if there's no commercial paper, if there's no loans going to business, businesses are going to start falling out of the sky by Friday, just gigantic companies will just close because they won't be able to afford the operations. There is no loan for any company of any size in America. This is Wednesday night.

So what happened was people started to go into their mutual funds and they started grabbing money out of their mutual funds. When they started grabbing money out of their mutual funds, mutual funds and banks, when you put your money in savings lucky we don't have a lot of savings when you put your money in savings, remember it is the scene from It's a Wonderful Life. "Bill, your money is in Mary's house and Mary, your money's in Pete's house." That's the way the system works on a very large scale. Just remember that scene. It's not sitting there. There's no money just sitting around. So when you buy into a mutual fund, those mutual funds then use that money to make loans for commercial paper. The same with the banks.

Well, when people started taking their money out of the system and they said, "I've got to buy something that's safe," the safest thing in America is a treasury bond. It means I'm going to give my money when we were born, when we were kids, you get a savings bond, United States Treasury savings bond. Well, it's a very low rate of interest. Usually, you know, 5, 6% interest maybe, and it goes up and down, et cetera, et cetera, but it's the safest thing in the world. You buy treasury bonds because the United States government's not going to collapse.

Well, there was such a rush into treasury bonds that the yield, the money that you would make off of it was at zero. So in other words people were locking up their money and just saying, I just want a treasury bond; give me a treasury bond. That the treasury was saying we have so much coming into treasury bonds that there's not going to be a return on your investment. And they're like, that's fine, that's fine, I don't need anything, I just, you'll give me all of my money back, right?

That was Wednesday night. When Hank Paulson was sitting in his office and he was looking at the commercial paper, he was looking at the bond not the bond market but the what do you call it, oh, shoot, the stocks. Not the you know what I'm saying. Stu, help me out.

STU: I have no idea what you're talking about.

GLENN: Mutual funds. He was looking at the mutual funds and he's seeing the mutual funds start to tank. He said, we've got to get to the President, we have to talk to the President, we have to have a massive bailout, with he have to get all of this debt off." This is again what Romney said. He had been talking about this for a couple of months. Remember he was on the show last week? And I said, what? He said, it's got to be done. And he's been pushing for this for a couple of months. That's what Paulson said on Wednesday night, Wednesday to the President. The President was against it. When somebody was initially. When somebody was sitting next to Paulson, he said, what if the congress doesn't do this, what if the President doesn't do this? He said, they have to do it; there's no other option. And I quote, "If they don't, God help us all." End quote. I'm sorry, heaven help us all? Heaven help us all.

STU: Apparently God wasn't enough. They needed all of heaven.

GLENN: Well, angels are bailing them out.

So that's where we were Wednesday night. They went to the President. The President after 45 minutes, he said, do whatever you have to do. Congress has met now over the weekend with Ben Bernanke. Now remember, when Ben Bernanke speaks, the ramifications of what he says are enormous. That's why they are always very guarded, they are always very careful. They are optimistic..." things are great!" He can't lie but he's got to be very, very guarded. Chris Dodd came out of a meeting and so did several of the senators and they have said that they met with Ben Bernanke on Saturday. The reporters are saying they were visibly shaken. Chris Dodd said it was the how did he describe it, Stu? The most intense or the worst meeting he has ever had in the history of his oh, it's not in that paper. It's another one. Hey, is Joe still here? Joe?

STU: Yes, he is.

GLENN: I'm going to take a break. Can you get that quote for me, please? It's quite an amazing statement coming from Chris Dodd about what Ben Bernanke said. I'm going to tie it all up here after the break and not only tell you what I believe is coming but what you need to do, and there are some things that you can do. The things that you the things that you know, time is running short. Time is running short, and they're raising the debt ceiling and everything else. So we'll give you all of that here coming up in just a second and we'll take your phone calls. The number is 888 727 BECK, 888 727 BECK.

Today I said to Stu right before we went on the air, I said this is kind of going to be like a homework day but this could be a very important day for you to actually listen to the show and I know we're going to try to, you know, make it light and I'm going to give you there is some really, really good news out of this that should make you feel good, and I can name names on some of this, of some players that are coming out of the woodwork. You know, it's basically the Sarah Palin news that I said. I don't know if Sarah Palin is the person, but she's given me hope that when in a time of crisis that person appears, there have been appearances during this that you probably don't know of, people that have come out of the woodwork that are now working for the treasury department for a dollar, quit their job. You know what? Because they understand that Wednesday night was 9/11. You don't understand that yet most likely because I didn't understand that and most people don't just we just, on several levels some of it is being kept from us because they don't you don't want anybody to panic. This audience has been prepared. I told you I've been telling you this stuff was coming for over a year and the reason why is so you don't panic when it comes. You've got to be a leader. You cannot be the person that was standing there on 9/11 and saying, "We're all going to die!" You must be the person that you have prepared yourself for and that you have been prepared for. You must be the leader. You must be the person that you were on 9/12 because people are going to freak out. People are going to be very afraid and people aren't going to know what's happening and there are people, the vast majority on television don't even know what's going on. These experts don't know what's going on. You will. You need to be the leader.

Here are 5 RIDICULOUS moments from the Davos summit

Dimitrios Kambouris / Staff, FABRICE COFFRINI / Contributor, JOSEPH EID / Contributor | Getty Images

Glenn has been warning about the dangers of the World Economic Forum and The Great Reset, which is the WEF's goal to utilize the crises like the COVID pandemic to create a leftist Utopia. Now, these goals continue to take shape at the World Economic Forum summit in Davos. Here are five ridiculous moments from this year's summit that shed light on their ultimate vision Glenn has been warning about.

1. Ex-CNN host Brian Stelter hosts the WEF panel on "disinformation," calling for the criminalization of "hate speech" in the U.S.

The former host of Reliable Sources was fired from CNN in 2022 for raking in the network's worst ratings since 2019. CNN's CEO at the time, Chris Licht, accused Stelter of "drawing ire from conservatives" for misrepresenting the facts and propagating false narratives to demonize conservatives. Licht fired Stelter because he was a liability to CNN's attempt to "re-brand" itself as a "reliable" news source.

You would think the World Economic Forum could have found a more credible host for its "disinformation," than Brian Stelter, and it comes with little surprise Stelter's panel called for the continued censorship of conservatives.

Stelter asked his panel, "How does this discussion of disinformation relate to everything else happening today in Davos?"

Vice-President of the European Commission Vera Jourová answered "illegal hate speech" from right-wing extremists, and then called for the criminalization of hate speech in the U.S., asserting, "I think that we have a strong reason why we have this in the criminal law" within the EU.

As former Trump advisor Stephen Miller pointed out, Stelter's refusal to further challenge Jourová's call for censorship is indicative of his failed career as a journalist.

2. Al Gore warns of "rain bombs," "boiling oceans," and "xenophobia" as a result of climate change.

Gore's speech "speaks" for itself...

After asserting that we're creating an "open sewer" in the troposphere, Gore exclaimed:

That’s what’s boiling the oceans, creating these atmospheric rivers, and the rain bombs, and sucking the moisture out of the land, and creating the droughts, and melting the ice and raising the sea level, and causing these waves of climate refugees!
Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a>

Speaking of refugees, Gore blamed the mass migrations of people on... you guessed it... climate change! Of course this leads to "xenophobia" and "fascism," so if we hate "xenophobia" and "fascism," we need to stop climate change IMMEDIATELY. Plus the rain bombs...

Does this sound reminiscent of the "Man-Bear-Pig?"

Courtesy of South Park

3. Siemens AG Chairman Jim Hagemann urges for 1 million people to NOT eat meat—predicting a "meatless future."

It wouldn't be a World Economic Forum summit if bugs didn't take center stage. Siemens AG Chairman Jim Hagemann said he was inspired by his 24-year-old daughter to stop eating meat to fight climate change and urged one million people to stop eating meat to balance out jet emissions—like the jets his fellow attendees used to travel to the conference?

Here's what he said:

If a billion people stop eating meat, I tell you, it has a big impact. Not only does it have a big impact on the current food system, but it will also inspire innovation of food systems."
Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a>

Of course, finding "alternative sources of protein" means... you guessed it... BUGS. The EU is already cutting down on cattle farms and promoting the building of insect farms to initiate this "protein transition."

4. John Kerry calls Davos attendees a "select group" with an "almost extraterrestrial" plan to save the planet.

Kerry's opening speech at Davos shows the type of elitism the attendees believe about themselves. They are the "special ones" who can gather at a Swiss resort town to discuss how to "save the planet" and the "little people" who are too ignorant to have a say in the matter. His words speak for themselves:

When you start to think about it, it's pretty extraordinary that we — select group of human beings because of whatever touched us at some point in our lives — are able to sit in a room and come together and actually talk about saving the planet [...] I mean, it's so almost extraterrestrial to think about saving the planet [...] f you say that to most people, most people think you're just a crazy, tree-hugging, lefty liberal, you know, do-gooder, or whatever, and there's no relationship. But really, that's where we are.
Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a>

Well, not everyone was amused...

Businessman and conservative Tim Acheson called Kerry’s words, "Liberal delusions of grandeur." Jordan Peterson also tweeted, "Who are you going to sacrifice to save the planet, @JohnKerry -- and do you think and how will you ensure that they have any say in the matter?"

5. Davos attendees traveled on more than 1,000 private jets to the conference.

Greenspace, an environmentalist research group, estimates the total emissions used by Davos attendees on their private jets while traveling to the conference is equivalent to "about 350,000 average cars."

Greenspace also found that 53 percent of all private jet trips were short-haul flights of less than 470 nautical miles that "could have easily been train trips." This comes amid the EU's push to ban short-distance flights and opt for train travel instead, which many continue to point out.

Closing thoughts

What once sounded like conspiracy theories are now taking shape amongst the global elites at Davos. As Glenn continues to shed light on the dangers of the World Economic Forum, here's how YOU can fight back against their goals that threaten our freedoms and democracy.

In honor of the World Economic Forum summit in Davos, we would like to resurrect this gem from Glenn's Instagram archive. If "the Great Reset" doesn't work out, Schwab should consider reaching out to the Bond franchise for a Plan-B career.

Be sure to follow Glenn on Instagram for more!

This is part of our ongoing series on "The Great Reset." To read similar content, click here.

PROOF the World Economic Forum wants you eating... BUGS!

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As the World Economic Forum continues to meet in Davos about building a more "sustainable" future, Glenn's warning on a seemingly outlandish sustainability goal is becoming reality: eating bugs!

In its 2023 Global Risks Report, the World Economic Forum called for the "transition to net-zero, nature-positive food" to fight "food insecurity." In other words, the WEF imagines a future with minimal meat and maximum "zero-emissions food"—like bugs—as consumers' main source of protein. This is a part of "the Great Reset," the agenda proposed by the World Economic Forum in 2020, urging leaders to take advantage of the COVID-19 crisis to restructure the "world order" to bring about a leftist Utopia.

SHOP: Trigger leftists and amuse your friends with 'Eat Ze Bugs' socks (while supplies last)

Major news outlets like the BBC have promoted insect farms as a sustainable food source to "reduce the reliance on everyday meat eating."

Courtesy of the BBC

So what's the big concern about eating bugs? As the video points out, many cultures throughout the world have been eating insects for centuries—many consider them a delicacy! The issue with the WEF's push for insects isn't merely the option to eat bugs. If someone wants to munch on some grasshoppers, nothing is stopping them! The major concern is the way in which the WEF wants to mandate insect consumption, and, consequentially, destroy the beef industry.

According to the same 2023 Risk Report, the WEF calls for "radical policy measures" to bring about the food transition to zero-net-emissions food, like insects. This means imposing such a burden on the dairy and cattle industries that it renders them impossible to function, paving the way for a new insect industry.

In the Netherlands, the EU's largest food exporter, the government is forcing the farmers to sell their land to the state unless they reduce the amount of nitrogen fertilizer used. However, without nitrogen fertilizer, it is nearly impossible for the farmers to produce enough food to feed the nation, not to mention turn a profit. Moreover, without nitrogen fertilizer, it will be impossible for cattle farmers to produce enough food to feed their cows. This is an impossible burden for farmers to bear, and they often capitulate and sell their land to the government, paving the way for a burgeoning insect industry. Is it any coincidence the EU is pushing for insects as a means of "food sufficiency" and combatting climate change?

If you think eating insects is a novel issue from across the pond, think again. There is a growing push for a "beef tax" in the U.S. to disincentivize beef consumption and incentivize alternative "sustainable" protein sources...like bugs. According to 2021, data, U.S. beef is a 79-billion-dollar-per-year industry, employing million across the U.S.'s 700,000 cattle farms. These stats don't even include the U.S.'s dairy industry. If the global environmentalists have their way, this major U.S. industry will be wiped out, wreaking havoc on our economy. Yet this government control over the "everyday person's" consumption is all too tantalizing.

As the World Economic Forum convenes in Davos to discuss how to achieve their "sustainable utopia," Glenn continues to advocate for the free market and the ability to choose our own consumer goods, rather than giving global elites the power to consolidate and mandate their "approved goods" for widespread consumption. Though consuming insects may seem like an outlandish idea that has no impact on our daily lives, it is a part of a larger movement to control our way of life to achieve a more sustainable future, threatening both our economy and our basic freedoms.

This is part of our ongoing series on "The Great Reset." To read similar content, click here.

Beto's BACK! And now he's imparting all of his PRICELESS wisdom to the next generation...

Drew Angerer / Staff, Jacob Boomsma | Getty Images

Since November, Americans have been on the edge of their seats wondering just what will Beto O’Rourke do next? How will he follow up losing a U.S. Senate race, dropping out of the U.S. presidential race, and then losing the Texas governor’s race? How do you top a trifecta like that?

Well, now we finally know the answer. He’s going to be a professor this semester at the University of Chicago. And not a moment too soon. Professor Beto will be teaching college students about Democracy… which is a terrifying idea.

Fortunately, we got our hands on an advanced copy of Professor Beto’s course syllabus…

Syllabus

Course Title:

Failing Upward 101: How to Succeed in Life Without Really Trying

Session 1

Cultural Appropriation: Why It’s Wrong and Why You Should Also Try It

Session 2

Converting White Guilt into Cold Hard Cash

Session 3

Marrying Wealth: The Underrated Value of Money Over Love

Session 4

Ensuring a Woman’s Right to Choose Abortion Every Time

Session 5

Campaigning as a Career Path (Special Guest Lecturer – Stacey Abrams)

Session 6

Effin’ Fundamentals: Winning Techniques for Swearing Good

Session 7

Squirrels Are People Too: Animal Rehab as Spiritual Discipline

Session 8

Abolishing Republicans in Our Lifetime: Gulags and Other Viable Options

Session 9

The Subtle Art of Caring Too Much: Why Socialism Rocks!

Session 10

Style Over Substance: My Foolproof Life Hack