Glenn Beck: Alcoholics will save America


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GLENN: You know what, the FDIC, do you know where the FDIC went and doubled, more than doubled the insurance now? It went from $100,000 in the bank to $250,000 in the bank. It's all guaranteed by the federal government. Why did they do that? Why did they do that? My first thought is because what was worth $100,000 now takes $250,000? Is that maybe what it is? I don't know. They did that because they guaranteed these mutual funds and when they did that, the banks said, what the hell are you doing? People are going to take their money out of the bank and put them in the mutual funds. So this is a way for them to correct the problem that they just created. They are never the solution. They are always the problem. Some let's just, let's think this one through. Let's just say that the government decides to bail out these banks and erase the bad mortgages from the banks' books. The government then now holds the paper until the housing market comes back. How long is the housing market going to take before it comes back? When you know you've got a shoe out there ready to drop, that when the government starts to release this paper, it's going to flood the market with more supplies. It's crazy, a little thing called supply and demand. How are you going to get the housing market -- the housing market will be artificially created. It will be an artificial bubble. If things start to go up, it's artificially created by the government. And all the government has to do is to release those houses and the prices will go down again. But that's not the story they are telling you. They are saying that they are going to hold the paper until the housing markets come back and then the government gets it off their books and then money is going to be so profitable. We are going to be rich. But in the meantime if the government's plan works, as it never does but let's just say it does because we're living in fantasy land, millions of Americans will have no equity in their homes. If you originally put 20% down and your house is worth less now than 80% of the purchase price, you have no equity. You might be able to afford your mortgage but you can't afford to sell your house because if you do, you are not going to have any cash to put down on the next house. So you stay. Paycheck to paycheck, you can't move. Things get bad. Can you afford your house?

This is the thing. Everybody bought houses and, "Well, it's never going to get worse than this. It's all going to be great." The only reason why I didn't buy into that is because it's been bad, and I said that. I said those very things one time. Oh, what a stupid idiot. I actually said one time to my wife, we'll never make less than this. I made like a quarter of that for, like, ten years after. This is the dumbest thing that you could ever say. You don't buy for the future being great. You're prudent and you're like, okay, you know, that way if one way or the other, we're good.

So you can't sell your house, you are living paycheck to paycheck, you can't move. So if you can't move, how much money are the Realtors going to make? How about the mover industry? Are they too big to fail? The property title companies, the mortgage brokers, the real estate attorneys, the house inspectors. On and on and on and all the way to the places that those people shop, or don't shop anymore. Trickle-down economics. Trickle, trickle, trickle. People lose jobs because those people aren't spending money at those stores. Most people start to tighten spending. Trickle-down economics. So go ahead, congress. Take the foreclosed mortgages off the banks' books, but then what? Trickle. You know who's going to save this country? This is an opinion. Nobody's ever going to say this. You know who's going to save this country? Alcoholics. Yeah. Yeah, winos, luscious. Drug addicts. That's who's going to save this country. Because for those of us who are winos and in recovery, we know how this game works. Only the -- darn it, if you're a recovering alcoholic. Today's the day to say, yes! I'm an alcoholic! Hello, my name is Glenn and I'm an alcoholic. This is the day for you to celebrate your alcoholism. This is the day for you to say, wait a minute, wait a minute, wait a minute, I've already been down this road; I know this answer. My life was completely spiraling out of control and nobody -- they would have killed me if somebody would have said, "Oh, Glenn, oh, my gosh, you are so poor, you can't afford anything, your life is out of control, you're on the verge of losing your job. Let me pay your bar bill." That wouldn't have helped. I would have been dead by now. It wouldn't have helped if somebody was paying for my drinks. I wouldn't have benefitted from somebody, you know, giving me a loan while I was sleeping in my own vomit. That really, that really wouldn't have been a good thing. Enable, enable, enable, trickle, trickle, trickle. Alcoholics, did you need to hit the bottom? Yep. You know who alcoholics -- you know how I know when an alcoholic isn't going to make it? And alcoholics will tell you this. We're very judgmental people. I can tell you when a person says to me, "Well, I don't think I want to -- I don't think I want to, you know, drink anymore. I think I've hit the bottom." I'm pretty sure when somebody says to me, when somebody says to me, "I was laying in the fetal position in the floor and it was life or death. It was do I die or do I live," that person, that person who said it was at that moment that I said, "You know what, I can't do it like this anymore," that person is going to survive. The ones that are like, "I don't know, it wasn't so bad," they're going to drink again. They may be sober for a little while. They may be dry for a little while but they're going to go back. Not to say that I couldn't go back and drink again. I mean, it's in all of us. It's in all of us. It makes life easier. Just like money makes life easier, alcohol for me makes life easier, for a while. And then it's out of control and I can't do it anymore. I needed to lose everything. I needed to know there was no other place for me to go. I needed to be in the darkest place, the most painful time of my life, that didn't get any darker because there was no one there, because I had created a horrible, horrible place. That's when I faced my storm. And you have a choice. Be destroyed by that storm or understand what that storm is and move to the other side. And the other side of the storm is sunshine and love and warmth and security. I'm not secure in my future. I'm really not. I don't know -- and I mean this sincerely. I don't know in 2009 whether I'll have a job. I don't know that. I have contracts, but the whole world could change. I don't know where I'm going to be living in 2009. I don't know what I'm going to be doing. I hope I'm doing this. But you know what? I'm not happy. Used to be that I had to control, but I don't care anymore. I just want to be happy. I just want to be whole. I just want to be with my family. And going through the storm, whether it be an economic storm or an alcoholic storm or whatever it is, going through it and realizing the storm will never kill you because that storm you created, it only stops you from getting into the sunlight. Stop feeding it. Stop giving out of power. Take the lumps. Is there anybody out there that says, I'd rather take the lumps right now. If it means really bad pain, I'll take the lumps so my kids don't have to take the lumps. I mean, congress thinks that we can't handle this. What they think, if we nosedive, they are going to lose their job. That's what they really think. Right now it's still all about them. It's all about the enabler. "I can fix this problem. I can fix this. I can save you." No, you can't. No, you can't. Especially since enablers are part of the problem. So I'm sorry, but until there's a bailout that actually makes sense and is clean and there's no special interests, until it resembles some sort of a free market bailout that is tax incentives, that puts the burden on our shoulders not through the government, not through their oversight but says I'm going to open up these markets so people can change, people can make their own way, people can invest, we can make it easier for people to do business, then you know what, bring it on. Bring it on. Because watch what we can do. Sit down, congress, sit down, Mr. President, get the hell out of our way. Watch what we can do. Our forefathers saw us in action over 200 years ago. They knew we can do it.

We've read about how they conquered things. Let them sit down now. Watch us, how we conquer and they'll be proud. They will know they built a country and a Constitution that could withstand near devastation, but it would survive. And watch out. Because any alcoholic will tell you once you've been in that fetal position, once you've had to look into the abyss and say who the heck am I, what do I really believe, we are stronger, we are better, we are freer. A friend of mine said to me one time, you don't even know who you are. You don't even realize the power that you have inside of you. I thought she was nuts. I said, I know exactly who I am. She said, no, you don't; someday you'll figure it out. It took my personal crash to figure it out. And who I am is a guy that doesn't have answers. I'm a guy who looks for answers. I'm a guy who won't give up. I'm a guy who will make mistakes. I'm a guy who doesn't know the future. I don't know my own future, but I don't care. Because I'm a guy who believes that goodness surrounds each one of us, that we are meant to be happy. We just have to get out of our way to be happy. And no one can make you happy.

Here, can I make you happy? No. No one in make you happy. You just have to stop being miserable and that is really hard to do. But once you figure it out, that usually it's you, your expectations, your belief in something else to get your happiness or to get your wealth or belief in Washington or whatever else that's making you miserable, you'll stop being miserable. Once you realize that, you'll stop being miserable because you won't have faith in that. You'll have faith in where faith belongs, in the designer of the universe that said you should be happy. I created this. What, do you think I did tulips? You think I did cherry trees? You think I did all of this so you'd be miserable? You're meant to be happy. Just get out of your own way. This is our time. This is our challenge. This is our opportunity, to right our own wrongs. To change the course of not only our country, the world, by not focusing on the world and our country but ourselves. Alcoholics, recovering alcoholics, stand up. Tell your friends and your neighbors, you know what? The bad ain't as spooky as you think it is. The bottom ain't the bottom, man. The bottom is actually a very, very horrifying place that I never want to go back to again, but you know what? I'm kind of glad I was there. Because now look what my life is like. Now I understand what I have. I understand what's important and I understand the power of the individual and the power of setting things right, not just burying them.

The Senate Judiciary Committee was set to vote on subpoenas to compel Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg to testify on alleged censorship and bias across their platforms. But that all changed when Republican committee members "expressed reservation about the maneuver," Politico reports.

Sen. Ted Cruz (R-Texas), who chairs Judiciary's Subcommittee on the Constitution, was definitely not one of the committee members with cold feet. On the radio program Tuesday, he told Glenn Beck that he's fighting "vociferously" to ensure Dorsey and others testify before the November 3rd election.

"Jack Dorsey and Mark Zuckerberg are both going to testify. They're are going to testify in person. They're going to testify before Election Day. That's what I think should happen," Cruz said. "That's what I'm fighting vociferously to happen. Right now, the companies are negotiating with the chairman's office to discuss terms to come voluntarily. I don't give a damn whether they come voluntarily or under subpoena. They need to testify in person and answer questions for the American people about why they are trying to steal this election, to suppress the free speech, and to censor the press."

The subpoenas would require Big Tech leaders to testify on the alleged "suppression and/or censorship" of two consecutive blockbuster stories from the New York Post. The first story was about emails that allegedly came from Hunter Biden's computer which are currently being investigated by the FBI, and the second was based on additional emails that allegedly showed communist China directly offering millions of dollars to then-Vice President Joe Biden.

"Big Tech stepped in, and they've done something they've never done before," Cruz explained. "We know that Big Tech has been censoring individual conservatives, trying to suppress conservative speech. But the step they took here is, they blocked if any individual user tried to share either of the New York Post stories, [they] were blocked ... Sharing a news story, from a major media outlet is part of democracy, part of free speech. And not only that, they blocked the New York Post itself. Right now, today, the New York Post is not being allowed to post its own damn stories on corruption. This is ridiculous. It's a threshold that's never been crossed before, of Silicon Valley oligarchs declaring the authority to determine what the press is allowed to report, and who is allowed to see it."

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If we learned nothing from the media over the past 4 years it's that colluding with a foreign entity to either win an election or for personal gain is absolutely grotesque. Well, that depends on whether you have a (D) or (R) before your name anyway. President Trump was impeached on rumor and innuendo yet Joe Biden has all but skated on his corruption up to this point.

Below is a timeline that shows the level of corruption and the lengths the Biden's went to in order to build that family's wealth and influence internationally.

2009

In 2009, Joe Biden was the brand-new Vice President and John Kerry was a U.S. Senator. Just five months after Joe was sworn in, his son Hunter, and Kerry's stepson, Christopher Heinz, formed an international private equity firm called Rosemont Capital. It had several different branches, including one called Rosemont Seneca Partners.

2010

Just nine months after Rosemont Seneca opened its doors, Hunter Biden went to China for meetings with executives from China's biggest banks, and its sovereign wealth and social security funds. That's unheard-of access for a brand-new firm. Was it just coincidence that at the same time Hunter was meeting these Chinese bigwigs, his dad was meeting with China's then-president Hu Jintao in Washington DC at a nuclear security summit?

2011

In May 2011, Joe Biden met with Chinese officials for the U.S.-China Strategic & Economic Dialogue conference in Washington. Just two weeks later, Hunter Biden went to Taiwan for meetings with the same Chinese financial giants he'd met in China in 2010, plus some new ones.

2013

By December 2013, Joe Biden was enjoying his second term as VP, and John Kerry was now Secretary of State. That's when Joe traveled to Beijing on an extended official trip and Hunter traveled with him on Air Force Two.

During their stay, Vice President Biden met with President Xi and Hunter was mostly out of sight. We don't know exactly what he was up to, but the deal finalized between Rosemont Seneca and the Bank of China just ten days after the Bidens' trip pretty much gives it away. The most powerful financial institution in China formed a joint venture with tiny Rosemont Seneca to create a giant new investment firm called Bohai Harvest RST – the "RS" stands for Rosemont Seneca.

The firm is often called "BHR" for short.

Hunter Biden was a member of the Board. Remember, the Bank of China is government-owned, which means its business is completely intertwined with the goals of the Chinese Communist Party. BHR also got the freedom to operate in the newly created Shanghai Free-Trade Zone where, over the next six years, it would use $2.5 billion of Chinese government money to invest in China, as well as in other countries, including the U.S.

During their Beijing trip, Hunter also introduced Jonathan Li to his dad. Li is Hunter's business partner – he's CEO and Director of BHR.

Hunter arranged for Joe to meet Li in the lobby of the hotel where they stayed during their Beijing trip.

2014

In 2014, one of BHR's first major investments was in the China General Nuclear Power Corporation.

CGN is a Chinese government-owned nuclear power company that sold off a stake of the company to outside investors. Problem is, CGN was under FBI investigation for paying informants in the U.S. to steal nuclear secrets.

In 2016, the FBI arrested the ringleader of this nuclear espionage, a man named Allen Ho.

When they arrested Ho, he was using a random code generator to access funds being provided to him from – where else? – the Bank of China.

Yet while this FBI probe was going on, the son of the Vice President owned a stake in the company being investigated. And even after arrests were made, Rosemont Seneca did not alter its relationship with BHR, nor did it divest from CGN, even though it was stealing U.S. nuclear secrets.

2015

In 2015, BHR partnered with the Aviation Industry Corporation of China (AVIC) to buy an American company called Henniges for $600 million.

AVIC is a gigantic military contractor in China – think Lockheed Martin – that makes fighter jets, bombers and drones. BHR bought 49% of Henniges and AVIC bought 51%.

Henniges is a precision parts manufacturer specializing in anti-vibration technology. The stuff they make is known as "dual use" by the U.S. State Department, which means the technology can also have a military application.

Because of that, the deal had to be approved by the Committee on Foreign Investment in the U.S. (CFIUS) since it could have national security implications. The thing is, the American side of BHR – meaning Hunter Biden and his pals – had to know there were serious national security implications with AVIC.

The year before they formed a partnership with AVIC, the Wall Street Journal reported how AVIC stole technology related to the U.S. Air Force's F-35 stealth fighter and used it in its own stealth fighter for the Chinese.

How the Committee on Foreign Investment approved that deal remains a mystery. CFIUS does not publicly disclose any information regarding its decisions. Their findings are not publicly announced.

Interesting that China accounted for the largest share – with 74 transactions – approved by CFIUS during Obama's second term (2013-2015).

Under the umbrella of Rosemont Capital was a real estate company called Rosemont Realty. In 2015, a Chinese company called Gemini Investments bought a 75% stake in Rosemont Realty. The company was renamed Gemini Rosemont

Gemini brought $3 billion to the partnership with Rosemont, with the aim of buying "Class A institutional-quality commercial office properties in U.S. markets."

Red flag (literally) – Gemini Investments is a subsidiary of the China Ocean Shipping Company, a.k.a., "COSCO."

COSCO is a Chinese government-owned company. Its headquarters in Beijing is actually next to the headquarters of the Bank of China. COSCO is well-known for its close military ties. It's essentially a branch of the Chinese Navy.

2017

In 2017, BHR invested in Face++. That's the facial recognition phone app built by a Chinese company that is incorporated in a separate app built by the Chinese government. Police in the Xinjiang [Sin-jong] region of China use that app to keep tabs on citizens, and track and detain Uiguhr [Wee-ger] Muslims.

The app allows police easy access to data about Chinese Muslims including things like religious activity, blood type, and even the amount of electricity they use.

2018

In March 2018, a spokesman (Chris Bastardi) for Christopher Heinz (John Kerry's stepson) emailed The Hill to say that Heinz had "no operating role" in Rosemont Seneca, and that he was not involved in any of Rosemont's deals in China (which contradicts Schweizer's report in his book Secret Empires).

Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm's Chinese management team or investors.

2019

In October 2019, Hunter Biden's lawyer, George Mesires, said Hunter did not conduct any business on that 2013 trip to Beijing with his Dad.

Mesires said the timing of BHR's business license getting approved was purely coincidental because the paperwork had been submitted months before the Bidens' China trip.

According to Hunter's lawyer, the approval " was not related in any way, shape or form to Hunter's visit."

Hunter Biden finally stepped down from the BHR board last October (2019), but he DID NOT give up his 10% stake in the company.

When Bevan Cooney — the former "junior" business partner to Hunter Biden and Devon Archer — went to jail in 2019, investigative reporter and New York Times bestselling author Peter Schweizer thought he'd never gain access to the damning emails Cooney had promised. That all changed three weeks ago when Schweizer was given complete access to Cooney's gmail account.

Schweizer joined Glenn Beck on the radio program Tuesday to describe just some of the business deals revealed within these emails — like Hunter working with an alleged Russian criminal and with Chinese communists to secure their assets, or to secure one-on-one time with his dad, then-Vice President Joe Biden. And all of this new information is completely separate from the emails allegedly discovered on Hunter Biden's laptop recently reported by the New York Post.

"So, I want to make this clear. This [Cooney's emails] has nothing to do with what's on the laptop … It didn't come from [Rudy] Giuliani. It didn't come from anybody else, right?" Glenn asked Schweizer.

"That's absolutely correct," Schweizer confirmed.

He briefly explained how Cooney, a former Los Angeles nightclub owner, is currently serving a prison sentence for his involvement in a fraudulent business bond scheme with Biden and Archer. From prison, Cooney gave Schweizer written permission to access his Gmail account.

"This is really important," he noted. "We're not looking at printouts. Not looking at PDFs. We're actually in his Gmail accounts themselves, sifting through these emails. And there's a shocking amount of information about deals involving China, involving Russia, involving all sorts of things they were trying to pull off."

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The king of "No Spin" and bestselling author of "Killing Crazy Horse," Bill O'Reilly joined Glenn Beck on this week's podcast to talk about the latest developments in Joe Biden's Ukraine and China corruption scandal. Now that some of the details are finally coming out in the open, does the average Democrat care? Maybe, but the Left doesn't seem to.

O'Reilly argued there's more hatred for President Donald Trump now than in 2016, and that some people hate President Trump so much that they'd rather vote for the "senile, corrupt" Joe Biden.

"Hunter got tens of millions of dollars from Ukraine, from Russia, from China because his father was vice president. I have no doubt in my mind," O'Reilly said. "But the hatred for Donald Trump overrides that in the minds of millions of viewers. They're saying, 'You know, we'd rather have the senile corrupt guy than Trump.'"

Asked by Glenn if any other Republican running for president would be met with the same level of vitriol, O'Reilly answered, "The Left is the Left. They don't like America. The want to redo the Constitution. They want to take some of our freedoms, like the Second Amendment and the First Amendment, and change them. And they want to destroy capitalism and replace it with a big centralized government in Washington that controls the economy … but I'm talking about the folks. I have liberal friends and I say to them, 'Do you not understand that when you vote for Biden, you're voting against your own self interest?'"

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