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.

For the first time in the history of "The Glenn Beck Program," former President Donald Trump joined Glenn to give his take on America's direction under President Joe Biden compared to his own administration. He explained why Biden's horrific Afghanistan withdrawal was "not even a little bit" like his plan, and why he thinks it was "the most embarrassing event in the history of our country."

Plus, the former president gave his opinion on China's potential takeover of Bagram Air Base, the Pakistani Prime Minister, and Gen. Mark A. Milley, chairman of the Joint Chiefs of Staff.

Glenn asked President Trump how similar the Biden administration's withdrawal from Afghanistan was to his administration's plan.

"Not even a little bit," Trump answered. "We had a great plan, but it was a very tenuous plan. It was based on many conditions. For instance, you can't kill American soldiers. ... You have to understand, I did want to get out. But I wanted to get out with dignity, and I wanted to take our equipment out. And I didn't want soldiers killed. ... What [Biden] did was just indefensible. He took the military out first and he left all the people. And then we became beggars to get the people out. I had a plan to get them out very quickly. But first, the Americans would go out."

Trump told Glenn that his plan included maintaining Bagram Air Base and explained why he would not have left "a single nail" behind in Afghanistan for the Taliban to seize.

"We were going to keep Bagram open," he explained. "We were never going to close that because, frankly, Bagram is more about China than it is about Afghanistan. It was practically on the other border of China. And now we've lost that. And you know who is taking it over? China is taking it over. We spend $10 billion to build that base. It's got the longest, most powerful runways in the world. And China has now got its representatives there and it looks like they'll take it over. Glenn, it's not believable what's happened. You know, they have Apache helicopters. These are really expensive weapons, and they have 28 of them. And they're brand-new. The latest model."

Glenn mentioned recent reports that Gen. Milley, America's top military officer, made "secret phone calls" to his counterpart in China while President Trump was in office.

"I learned early on that he was a dope," Trump said of Gen. Milley. "He made a statement to me — and I guarantee that's what happened to Biden — because I said, 'We're getting out of Afghanistan. We have to do it.' And I said, 'I want every nail. I want every screw. I want every bolt. I want every plane. I want every tank. I want it all out, down to the nails, screws, bolts ... I want every single thing. And he said, 'Sir, it's cheaper to leave it than it is to bring it.'

"The airplane might have cost $40 million, $50 million ... millions and millions of dollars. So, you think it's cheaper to leave it than to have 200 pilots fly over and fly all the equipment out? ... I said, you've got to be nuts. I mean, give me a tank of gas and a pilot and I just picked up a $40 million-dollar airplane. It was amazing. So, I learned early that this guy is a dope. But what he did, is he hurt our country ... and he shouldn't have been allowed to do it. And bad things should happen to him."

Watch the video clip below to catch more of the conversation or find the full interview on BlazeTV:


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In a shocking but underreported conversation ahead of the G7 Speakers' meeting in London last week, Democratic House Speaker Nancy Pelosi admitted that the administration knows China is committing "genocide" against the Uyghurs in the Xinjiang region, but thinks working with the regime on climate change is more important.

On the radio program, an outraged Glenn Beck dissected Pelosi's speech and broke down how — along with the Biden administration's abandonment of Americans in Afghanistan, and the Democrat decision to follow measures of medical "equity" — the far left is revealing how little they really care about human life.

Glenn played a video clip of Pelosi making the following statement:

We've always felt connected to China, but with their military aggression in the South China Sea, with their continuation of genocide with the Uyghurs in Xinjiang province there, with their violation of the cultural, linguistic, religious priority of Tibet, with their suppression of democracy in Hong Kong and other parts of China, as well – they're just getting worse in terms of suppression, and freedom of speech. So, human rights, security, economically [sic].

Having said all of that ... we have to work together on climate. Climate is an overriding issue and China is the leading emitter in the world, the U.S. too and developed world too, but we must work together.

"We have Nancy Pelosi admitting the United States of America knows that they're not only committing [genocide], they're continuing to commit it. Which means, we've known for a while," Glenn noted. "And what does she say? She goes on to say, yes, they're committing genocide against the Uyghurs, but having said that, I'm quoting, 'the overriding issue,' is working together on climate change.

"Would we have worked with Hitler on climate change? Would we have worked with Hitler on developing the bomb? Would we have worked with Hitler on developing the Autobahn? Would we have worked with Hitler on his socialized medicine? Would we have worked with Hitler on any of his national, socialist ideas?" he asked.

"The answer is no. No. When you're committing genocide, no! She said 'we have to work together on climate,' because climate is the 'overriding issue.' The overriding issue? There is no way to describe this mindset. That, yes, they are killing an entire group of people because of their ethnicity or religion. They are systematically rounding them up, using them for slave labor, and killing them, using their organs and selling them on the open market. They are nothing more than cattle. For us to recognize it and do nothing about it is bad enough. But to say, 'we recognize it, but we have bigger things to talk to them about,' is a horror show."

Glenn went on to urge Americans to "stand up together in love, peace, and harmony," or risk watching our nation become the worst plague on human life yet.

Watch the video clip below to hear more from Glenn:


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The fall of Lehman Brothers in 2008 marked the largest bankruptcy filing in U.S. history and economic collapse was felt throughout the world. But now China's own version of Lehman Brothers, Evergrande, is teetering closer and closer to that edge, too. On the radio program Thursday, Glenn Beck gave the latest update and predicted how it will affect Asian markets and what it could mean for America's economy.

Glenn explained why he believes a major collapse that is happening now in China will have a cascading effect into a "controlled collapse," a managed decline that will dramatically change America's economy and the way we all live.

"You will not recognize your lifestyle. Hear me," Glenn warned. "And that's not a right-left thing. That's a right-wrong thing. We're on the wrong track. I'm telling you now, there's new information and you are not going to recognize the American lifestyle. ... It could happen tomorrow. It could happen in five years from now, but it will happen. We are headed for a very different country. One where you don't have the rights that you have. And you certainly don't have the economic privileges that Americans are used to."

"The same thing that happened in 2008 is now happening in China," Glenn continued. "This time, it's going to take everything down. When it collapses, it will take everything down."

Watch the video below to hear Glenn break down the details:

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Justin Haskins, editorial director of the Heartland Institute, joined Glenn Beck on the radio program to expose a shocking conversation between two Great Reset proponents — Klaus Schwab, chairman of the World Economic Forum, and Christine Lagarde, president of the European Central Bank (Europe's equivalent to the Fed).

The way Schwab and Lagarde discuss the role central banks should play in establishing societal norms, determining your way of life, and defending against potential crisis is proof that the Great Reset is upon us, Justin explained. And the scariest part is that they're not even trying to hide it. The entire, unbelievable conversation has been published on the WEF website, which you can read here.

Glenn read an excerpt from the conversation:

Christine Lagarde: At the ECB, we have now wrapped up and concluded our strategy review, which was the first one in 17 years. And I was blessed to have an entire Governing Council unanimously agree that the fight against climate change should be one of the considerations that we take when we determine monetary policy. So at least the European Central Bank is of the view that climate change is an important component in order to decide on monetary policy. ...

Can we arrive at that trade-off between fighting climate change, preserving biodiversity and yet securing enough growth to respond to legitimate demands of the population? And my first answer, Klaus, to be firm, is that to have a way of life, we need life. And in the medium term, we do have major threats on the horizon that could cause the death of hundreds of thousands of people. So we have to think life, first. We have to think way of life, second. ...

So we have to think life, first. We have to think way of life, second. How can we come together to make sure that we secure the first priority, which is life, and also protect the way of life that people have? And make sure that the cost of it is not so high for some people, that they just cannot tolerate it. I think that the trade-off that we reach will probably require some redistribution, because it is clear that the most exposed people, the less privileged people are those that are going to need some help.

"Do you understand, America, what that means?" Glenn exclaimed. "You have elites, that you never elected, that are having these meetings ... deciding what is a legitimate need for you. And telling you that your needs are going to go away in your lifetime. You may not see a time where you get wants again. Just your needs are going to be addressed. Am I reading this wrong?"

"This is absolutely what is being said here," Justin agreed. "She's very clear that we need to make sure that way of life is second to life. We have to save all these people, hundreds of thousands of people are going to die from this supposedly existential threat of climate change. And their wants, and their desires, and their quality of living, all of that has to come second."

"This is a central bank saying this. This is not an elected official, who is accountable directly to the people. This is a central bank saying, we're going to print money. We're going to use monetary policy, to impose these ideas, to rework society in order to accomplish our goals," Justin added, addressing Lagarde's call for "some redistribution."

Will Great Reset elites — not elected by the U.S. — soon be dictating to the rest of the world? Watch the video clip below to hear Glenn and Justin break it down:

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.