Glenn Beck: It's a Wonderful Life


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GLENN: You know, I was -- I want to do something really unconventional. May we -- could we have movie day? Do you remember, do you remember the day when the teacher would come in and say, "Okay." You'd see the movie projector in the hall or later, you know -- I didn't see this, but I -- kids tell me stories these days. They would see the television and the VCR and it would be pushed in and you think, "It's movie day." May I do movie day today? Let's kick back, you know. The teacher wants -- hey, the teacher wants a few minutes off. I want to play something for you and I want you to listen, and I want you to listen for the next few minutes and help me define who these people are and notice how accurate all of this is to our current situation. Go ahead. Start it.

(Clip plays)

GLENN: I think he's like, oh, George, we're in a pickle, we're in a pickle. In case you don't recognize it, It's a Wonderful Life. Oh, we're in a pickle. Who is in a pickle? I think that Uncle Billy is the average person. "How does anything like this start? I don't know. They just called in my loan. I don't know, everything's changed. The world is falling apart. I don't know how it happened. It just happened overnight." That's the average person. And uncle Billy, if you remember, was very absentminded. He could never pay attention. In one part of the movie he helped cause the problem because he was careless with his money. So I think Uncle Billy is the average American.

VOICE: And then I got scared and closed the doors. I --

GLENN: Got scared. He gave them everything and then he got scared.

VOICE: The whole town's gone crazy. Hello? George, it's Potter. Hello? George?

VOICE: There is a rumor around town that you closed your doors; is that true? Oh, well, I'm very glad to hear that.

VOICE: George, are you all right? Do you need any police?

VOICE: Police? What for?

VOICE: Well, mobs get pretty ugly sometimes, you know. George, I am going all out to help in this crisis.

VOICE: Stop for a second. Ask yourself who's Mr. Potter?

VOICE: I have just guaranteed the bank sufficient funds to meet their needs. They will close up for a week and then reopen.

VOICE: Just took over the bank.

VOICE: I may lose a fortune, but I am willing to guarantee your people, too. Just tell them to bring their shares over here and I will pay 50 cents on the dollar.

VOICE: Oh, you never miss a trick, do you, Potter? Well, you're going to miss this one.

VOICE: If you close your doors before 6:00 p.m., you will never reopen.

GLENN: Stop. Who's Mr. Potter? Mr. Potter really didn't care about money, did he? I mean, sure, money was the easy way to go, but Mr. Potter seemed to have enough. Mr. Potter was about control, about manipulation, getting his way, being right. Mr. Potter came and said, "I'm here to help. I'm here to help you. I'll bail out your people. Oh, I will help your people. Just have them come over here. I'll give them the money." Who's Mr. Potter? Mr. Potter, I believe, are politicians. Barney Frank, Christopher Dodd, Barack Obama, John McCain, George Bush. He is the politician in this story.

VOICE: Gosh, I wanted to be there.

VOICE: You can take this one off now.

GLENN: Now, if you remember at this scene, everybody in the town is standing there wanting their money.

VOICE: Just remember this thing isn't as black as it appeared.

GLENN: Stop. What do the sirens represent? I think the sirens represent the constant alarm now in the media. Without any perspective, without any definition of what's going on. I can't tell you how many people I have talked to in the media that haven't read the bailout bill, who can't tell you what the LIBOR is, who can't tell you -- look, I'm a recovering alcoholic. I just saw this one coming and I did my homework for the last two years. I'm a self-educated guy. I don't have the answers by any stretch of the imagination, but I care. I care about the country. And I know my responsibility. I'm not here to scare people. I'm here to do my job. I'm here to tell you so you don't freak out. But is that what the media is doing? The media thinks they are not freaking you out because, well, we don't have to have the show. We don't have to think about this long term. We don't have to look at the forest. We'll just show the tree. And look, the tree, the Dow is up. The Dow is up 65 points. Maybe it's working, it's okay. Should we investigate? Is now a time to buy? And then when anything goes wrong, there come the sirens. And what do the people do? They freak out.

VOICE: I have some news for you, folks. I just talked to old man Potter and he's guaranteed cash payments to the bank. The bank's going to reopen next week. But George, I've got my money here. If they guarantee this place.

VOICE: Well, no, Charlie, I didn't even ask them.

GLENN: Stop. Notice Mr. Potter guaranteed the money in the banks and so George tells the people that he's going to guarantee the money, so thing seems to be over. This is going to be over. But the guarantee doesn't mean anything. That's not enough. That's not enough. My money may not be safe here. Did he guarantee this one, too? Did he guarantee my business? Did he guarantee your business? How far does that guarantee stretch? Once the sirens pass, you can't talk people into, "Relax, it's been solved. Relax. Those who should fail will fail. He will take care of those people. But we're fine here."

VOICE: I didn't even ask them. We don't need Potter over here.

VOICE: I'll take mine now.

VOICE: No, but you're thinking this all wrong, as if I had the money back in the safe. The money's not here.

VOICE: Well, your money's in Joe's house. That's right next to yours. And Mrs. Maitland's house and 100 others. You are lending them to money to build and then they are going to pay it back to you as best they can. Now, what are you going to do? Foreclose on them?

VOICE: I've got $242 in here and $242 isn't going to break anybody.

GLENN: Stop just a second. Who is that? As much as Uncle Billy just is a sweet guy and just forgets and screwed up and wasn't paying attention, he's the average American. This guy I believe also is the average American, the one who is just looking out for himself, just as much as the politicians were. "I'm going to take my money. I don't care about anybody else. I have $242 and I want $242. That's just the way it is. I want my money." The one who doesn't understand how the system works and doesn't even care to listen how the system works. He doesn't care. He doesn't care if it does damage to others. His principle is me, me, me.

VOICE: Okay, Tom, all right. Here you are, you sign this. You'll get your money in 60 days.

VOICE: 60 days?

VOICE: That's what you agreed to when you bought your share.

VOICE: Did you get the money? I did. Old man patter will pay 50 cents on the share for every dollar you got. Cash.

VOICE: Well, what do you say?

VOICE: Well, Tom, you have to stick to your original agreement. Now, give us 60 days on this thing.

VOICE: Okay, Randall.

VOICE: Are you going to Potter --

GLENN: Stop. This again is the typical American. This is the other side. There's the stupid not paying attention, made honest mistakes and just screwed up, doesn't know what's going on, and panicking. There is the me, me, me. And then there's the American that is not going to play by rules. I'm sorry. All those -- I signed that? That was the agreement, 60 days? I don't give a flying crap what I signed. Sorry, times have changed. I want my money and I want it now. Again, it's about me, me, me. There is no honor here. There is no -- there is no attempt to do the right thing. It's all about me, I'm going to save me.

VOICE: Better to get half than nothing.

VOICE: Wait, wait. Now listen. Now listen to me. I beg of you not to do this thing. If Potter gets a hold of this building and loan, there will never be another decent house built in this town.

GLENN: Stop. Do you notice that the last thing before this speech is it's better to get half than nothing. Well, no, it's better to get all of it than nothing. It's better to get all of it than half. But because of panic, because in the moment he's willing to just give it away. I'm going to give away half of what I have instead of realizing, wait a minute, if I don't panic, if I don't do these things, I could have all of it. I could have all of it. And if you look back at history, that's what happened. The banks shut down, reset, and guaranteed your money. That's what happened. And then this speech:

VOICE: He's already got charge of the bank, he's got the bus line, he got the department stores and now he's after us. Why? Well, it's very simple. Because we're cutting in on his business. That's why.

GLENN: Stop. Who's Mr. Potter? Mr. Potter is the politician. Mr. Potter is the politician. He's already got the banks.

The next one was transportation. Have you noticed that we're not doing anything on energy? On transportation? Do you know why we're bailing out the big three? Do you know why all of a sudden I'm for that loan to the big three? I'm not for the big three, for their loans. Make it on your own. Stand up on your own two feet or don't do it at all. I'm for that. Do you know why? Because it's congress that is making them retool their plants for higher emission standards and higher miles per gallon because we need to save the globe. They are expecting private industry to put up with their laws, they are not going to cost anything, they are going to create jobs, new green jobs. Why are they doing that? So they can take transportation, they can take energy. They have already got the financial. Now they are coming for you, John McCain. I'm going to bail out every mortgage in America and now they are coming for you.

VOICE: Because they want you living in these slums and paying the kind of rent he decides. Joe, have you forgotten what he charged you for that broken down shack? Here, yeah, you know, you remember last year when things weren't going so well and you couldn't make your payments? Well, you didn't lose your house, did you? You think Potter would have let you keep it? Can't you understand what's happening here? Don't you see what's happening? Potter isn't selling. Potter's buying. And why? Because we're panicky and he's not. That's why. He is picking up some bargain. We can get through this thing all right. We've got to stick together, though. We've got to have faith in each other.

VOICE: But my husband hasn't worked in over a year and I need money.

GLENN: Stop. Again the average American. "I've lost my job. We'll make it if we stick together." Mr. Potter wants you to live in his slums. Have you forgotten what government housing is like? Anyone who's lived in a socialist country, tell me about your healthcare. Have you forgotten what that healthcare is like? Have you forgotten what it's like when you don't get your teeth fixed? Who is George Bailey? You are George Bailey. Remind everyone you know, it's a wonderful life.

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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