Glenn Beck: Problem solved! Not


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GLENN: We fixed the banking problem.

STU: Friday banking crisis solved, right?

GLENN: Yes.

STU: So California, today California problem. Tomorrow, California bailout.

GLENN: Solved.

STU: Wednesday, California solved. Why don't we just pass bailouts for everything, then everything would be solved.

GLENN: I love this idea. May I tell you, I'm coming up with my own -- now we have the disclaimer? Hang on. The lawyers are making us do this.

VOICE: The financial opinions expressed on this program are solely the opinion of the host, which means you should immediately realize they are invalid. The radio network, this station, the United States of America and quite possibly God himself accept no responsibility for the words or actions of the host and honestly use it as an example of how not to act or think. The thoughts generated by those who follow the hosts advice should be dismissed and ridiculed at every opportunity.

GLENN: I think this is really, I think that's a little extreme. But anyway, so I have an idea for the bailout for California because I don't know if you know this. This is fantastic. California, you are -- well, first of all, the governor just went on a $40 billion spending spree. $145 billion budget was just passed for California just recently, in the last three weeks. It's 40 -- it's up 40% over the last five years. That's fantastic. And here's the best part. In this $145 billion budget that was just signed weeks ago, you know, while the whole financial thing, not a single spending cut, not one. No spending cuts. Just signed in just a couple of weeks ago. By the way, they also have the personal income tax in the state is the highest in the nation. It's at 10.3 now. They should just raise that. People in California, they've got enough money. They're living in the sunshine. What do they need a house for? They should just -- 10.3, why not make it 15.8? Why not make it 20.1?

STU: Those people won't notice the difference.

GLENN: They won't notice.

STU: They have so much money.

GLENN: No. They have one of the 10 highest business rates for income tax at 8.3, one of the highest minimum wage requirements at $7.50, that way you don't have any real jobs for low income workers. But don't worry about it. You just hire an illegal. What's the big deal there? The trial lawyers have implanted a workers' compensation system that adds $4.13 for every $100 of payroll. That's the second highest burden in the nation. According to the Pacific Research Institute's tort liability index, California has the least -- or is the least competitive state in all of the 50s. Oh, and it's not a right-to-work state. So California, you got no problems going on. That's why I would like to enact -- because you've really done your job. You've done everything you can. You just pass that budget. Some would say, hey, have you cut it a little bit? No. You've got oil and everything else? Hey, have you sold any to make some, you know, new revenue? No. I'd like just to come with a bailout. I'm calling this the Glenn Beck Go to Hell, California Act of 2008, and it's really pretty simple. Until you cut your budget, until you, you know, stop making people just have -- this is what they did over the weekend. They made sure that all of the fast food restaurants had the calorie counts up there. You know, no, they're prioritizing. They made sure that that was all done this weekend. So until you stop doing things like that, until you slash your budget, until you stop giving money away to everybody, until you start to say, "Hey, wait a minute, don't we have a gigantic source of revenue just off our shores," until you start doing that, you can go to hell.

Now, some might say, you know, why would I want to go to Massachusetts, and I just want to say that's not -- no, no, no, that's not -- I mean, it may seem like hell but it's not actually hell. Now, people on the other side of the country, they say, have you been to Massachusetts? And I say, yes, I have been. It looks like hell. The people who are running it seem like they're from hell, but they're not -- that's not technically hell. California, until you do those other things, I'd like to send you directly to... hell. Now, some others in California, many in let's say, I don't know, San Diego might say (laughing), can't go there, I'm already living there and I say, no, no, it could get much worse for you. Yes, it could. The people who are running you right now, you might think, they're worse than Satan? Yes, yes, believe it or not, Satan could be worse than the people in Sacramento. I'm just -- now, that's just, this is just, it's only a three-page bill right now. We could add more to it. I don't think we do -- do you have any amendments, Stu, that you'd like to add?

STU: Well, it's kind of -- what you are saying is perplexing because first of all I don't understand. I mean, you should at least have 448 more pages of just pork projects. Like carbon tax, maybe something like you can work in there like some wool research.

GLENN: Hold it just a second. You are not saying that in the bill that just passed just last week, the one that was rushed through congress real quick, you are not saying that now that we've done our research over the weekend that we found that there is the beginnings of a carbon tax.

STU: No. Why would I say something -- are you Ling to me? Why would I say something like that?

GLENN: That's what we found over the weekend, that in that bill that was just passed and signed by the President, there is the foundation of a carbon tax. Because that would be crazy.


STU: It would be crazy.

GLENN: Yeah.

STU: No one would say that.

GLENN: Okay, good.

STU: But what I'm saying is you --

GLENN: But wait. You are not not saying that, though, either. Have you noticed that? I think Stu is not saying that but he's not not saying that, either.

STU: Yeah, I have no --

GLENN: It almost makes me say, gee, maybe somebody should look into that bill because there's a hidden carbon tax in it!

STU: Couldn't possibly be true.

GLENN: Couldn't possibly be, no.

STU: But Glenn, you are missing the whole premise of this conversation.

GLENN: Yes.

STU: You are saying that California should go to hell because --

GLENN: No, no, no, I'm not saying that. It would be law.

STU: It's a proposed -- right, it's a proposal.

GLENN: It would be law, they would have to go.

STU: Right. You know, despite the fact there's a lot of people there who think their government is as insane as we do. The point there, though, is --

GLENN: They mainly live in San Diego.

STU: Right, yes, that's -- at least seems to be the pattern.

GLENN: It's the only part of the -- I think they own all of the flags in the State of California, are in San Diego.

STU: Right.

GLENN: You don't see an American flag anywhere except San Diego.

STU: I don't think that's accurate but it's at least --

GLENN: Pretty close.

STU: Here's the thing, Glenn.

GLENN: Yes.

STU: Okay. Why would we go, why would we make California go to hell when we can -- if a bailout is going to solve the problem? Remember the premise. You have a problem, you pass a bailout, then the problem's solved.

GLENN: I'm just being a stickler. I'm just being a stickler.

STU: Why, though?

GLENN: I'm just trying to be obstinate. It's what talk radio does. It makes people hate people. When there's a solution out there, I've just got to hate people, whip people up into hatred.

STU: This is an easy solution.

GLENN: I know.

STU: Just give the money away and --

GLENN: I know, but Stu, we're out of business. I've got to whip people up into hate. Even though that solution is so simple because we have fixed the bank -- oh, the Dow is down 208. We fixed the whole economic problem. By the way, by the way, now Massachusetts has come on board. Massachusetts has also said that they are going to need a bailout.

STU: Gee, that's smart because they know bailouts solve problems. Every time --

GLENN: No, Stu, I have a -- may I, I have another bill I'd like to introduce. It's the Glenn Beck Go to Hell Massachusetts Act of 2008. It's a lot like the Glenn Beck Go to Hell California Act of 2008 except instead of oil off the shore, I just remind Massachusetts that they have a lot of wind power off their shore that might -- you know, they could -- I know you don't want to wreck your view, Massachusetts, but -- and people in Massachusetts are like, how are we going to go to hell? What are you talking about? Why would I want to go to New York City? And they say, no, no, no. No, no, people in Massachusetts, you think that New York City is hell. Technically it's not. Hell is much, much worse than -- and I know this is hard to believe. Being a guy who lives here in New York City, I know it's very, very difficult to believe, but hell is technically worse than New York City. Although Bloomberg may be the antichrist. I'm not -- I'm just saying, he may be Satan himself. I'm not sure. We'll have to check into that. But until you cut your budget, you know, because Massachusetts, the great thing about you is you wanted to do healthcare. So you did this whole healthcare thing and then it just spiraled out of control. As many would say, the whole healthcare thing, really not a good idea. You know, the whole spending and taxing, really not a good -- you are driving people out of your state. Kind of like California is. So until you decide, yeah, going to lower my taxes, I'm going to make it more business friendly, I'm going to, you know, just not, you know, just tax people to death and then spend people, you know, so they can't even afford the grave, after they've been taxed to death, they can't even afford the grave, and you wouldn't dig a grave because that will hurt the, you know, beloved environment. You picked that one up from California, by the way. Here's what you do. You can just go to hell. And then I would like to introduce the last act because New York City is now talking about a bailout, too. And that one is the Glenn Beck, Holy Cow, I Think We're Already in Hell Act of 2008. And that one is just, you have nothing, New York. You can't really do anything because what you've done is you hate the rich so much, you've taught everybody to hate the rich and you've built all of your tax base in the entire state around Wall Street, the rich people. And then what's crazy is you have people like Barney Frank coincidentally enough from Massachusetts, and he -- they send him down to monitor the whole, you know, banking thing along with Chris Dodd who is weird, this is a guy who represents a lot of the people who live in Greenwich and places like that, you know, the big bankers and stuff. And you just hate those rich and so what you've done is you've created a system where the rich can't function anymore. So now the rich are gone. They are beating it. And there's no money being made on, buy all these rich people down on Wall Street. So now there are no more rich people here. So you don't have the money for the -- maybe you should tax those people who make under $250,000 -- no, that won't cover it. Hmmm. Maybe we shouldn't have put all of our eggs into one rich basket. Maybe we should have created a system where we spread the burden across the entire spectrum so if one goes down, we don't lose the whole ship. No, that would be crazy. What we should do is eat the rich, which by the way I believe if there is a total meltdown, people in New York will be eating not only the rich but their neighbors within 10 days. Oh, they will be feasting on the old lady who lives in 19-B within 10 days of a meltdown because the people in this city are completely unprepared. Of course, they will go after the old lady's probably cat within four days because they won't have any -- and they won't be able to get down the 70 flights of stairs. And so the old lady will be, "Where's Fluffy? Has anybody seen Fluffy?" And the people will be munching on Fluffy right there in 18-D. And as the old lady comes out, "Where's Fluffy," somebody will say in 18-C, "I knew we could lure her out just by making cat noises in the hallway," and they'll eat her in New York City because, yes, New York City is hell.

So Californians, if you would like to live in New York City, just keep doing what you're doing because it's working out well here.

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?'"

Watch the video clip from the full podcast below, or find the full episode HERE:

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