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GLENN: This is absolutely amazing. We have had almost a 700 point swing in the Dow in 15 minutes. We were losing almost 700 points. We're now only down two points. This is the most amazing thing to watch. I hope you are watching it from the sidelines. This is the most amazing thing to watch and yet it is a distraction. This is the cakes and circuses. This is what America unfortunately is -- oh, we're up 45 points now. This is what America is watching, and we gauge everything now, "how's the Dow doing, how's the Dow doing." Forget about the Dow. Forget about the Dow. What is happening behind the scenes. Are we -- you know what, I'll tell you, I really, truly believe that there was finally someone on the campaign trail that said exactly the way at least I feel and I think a lot of America feels today. I want you -- it wasn't one of the candidates. Don't get your hopes up. Listen to this question that was spoken from a member of the audience at a McCain rally.
VOICE: Welcome to Wisconsin. This thing is working. Thanks for coming. I'm mad! I'm really mad! [APPLAUSE]. And what's going to surprise you, it's not the economy. It's the socialists taking over our country.
GLENN: This guy -- stop it, stop it. This guy should run for President. I know nothing about him except that sentence. This guy should run for President of the United States. Where is anyone saying that? We have these people in Washington taking our country over and it is being stolen from us. They are now talking about socializing all the banks, nationalizing all of the banks, something I told you they were going to do months and months ago, and it ain't going to stop at the banks, gang. It's going to go -- it's going to go financial sector, then it's going to go transportation, then it's going to go energy. They have got their fingers in the pie and if anybody says, well, at the end of this we're going to have to get their fingers back out, you are not going to get their fingers back out! Government doesn't get smaller. This is why John -- this is how John McCain can win! But I don't think he believes it. Sarah Palin does. Smaller government! Nationalizing mortgages? What! Smaller government. Get them out! Let us fix it. These are the architects who have brought us this. You are saving all of the people who brought this down on us. Those leaders in congress, those in the White House, those on Wall Street, those in the financial sector. Why are we saving the people who brought us this? You want to nationalize all the mortgages that have been in default? Who is in default right now? Rich and poor, those who bought more than they could afford.
The economy -- gang, be honest. Your economy is not that bad right now. I don't mean that you don't have struggling, I don't mean you are not having a hard time. I'm not dismissing the people who have 150,000, the 150,000 who have lost jobs. I'm not talking about those. Gas is down almost a buck. You have more money in your pocket most likely today than you did a month ago or two months ago. The fundamentals of your economy, the things that you need on day-to-day spending. What's changed is fear. You think you're more broke. You might actually be more broke in your 401(k) but for spending today, it hasn't hit you yet. So who has it hit? Who are we rescuing? We're rescuing the people who bought too much house.
A year from now we're not going to be saying that. A year from now it's going to be somebody else. But why are we rescuing all of the people who brought us this problem? You played by the rules. You didn't buy too much house. You didn't get yourself into crushing debt. "Well, Glenn, too many people are going to be suffering." Yes, yes, a lot of people are going to be suffering. A lot, an unspeakable amount of people are going to be suffering. But you know what? We're not living in Africa! The difference between our suffering and our poor and those in Africa is dramatic. Why? Because we have the rule of law. Because we still have the ability to pull ourselves out. Because we're not ruled by gangs and thugs and criminals -- well, I take that one back. This country is being stolen and it is being stolen -- keep your eye on something else. Please read up on something else. The unions, the unions are about to -- America is going to change after this election and it is going to change overnight. Look at what's happening with ACORN. We're going to talk to Pat here down in a little while in Houston. In Houston, more fraud, more voter fraud. It's happening all over the country and it's happening through an organization called ACORN. ACORN, not just friends with Barack Obama. He can't say, "Well, I don't really know them." He was a guy who was in, he trained the people in ACORN. He was a trainer. He said, we're like family. You bet they are like family. And they are perpetrating fraud on this election at a scale we have never seen before. And while everybody's watching the Dow, that's what's going on. While everybody's watching the Dow, our government is just going to take money and just buy the banks. This is socialism.
Did you see the story in the Washington Post today? Not the Washington times. The Washington Post. Here it is. The worst financial crisis since the Great Depression is claiming another casualty. American style capitalism. Since the 1930s U.S. banks were the flag ships of Americans' economic might and emulation by other nations were -- I'm sorry. I have to put my glasses on -- were fiercely free market system in the United States was expected and encouraged but the market turmoil that is draining the nation's wealth and upended Wall Street now threatens to put the banks at the heart of the U.S. financial system at least partly in the hands of the government. That's why that guy's mad as hell, because you know it and I know it. You know what's happening. We are being socialized. And I don't mean we're going to be -- oh, we're going to be like Norway? No, we're not going to be like Norway. We're being socialized rapidly all in the name of, "Quick, do something," and gang, it ain't gonna last long. You don't socialize, you don't turn into Russia as Russia's collapsing. It's like the Soviet Union. Instead of saying, hey, we're going to go capitalist; you know what, we're going to do more social programs. You collapse faster. It doesn't make any sense. You know it and I know it. Well, where are the politicians that are standing up and saying stop! Right now, stop! That's how John McCain wins this election, if he could say it and believe it, but I don't think he does. Sarah Palin believes it. You believe it.
All right. Back to this guy.
VOICE: Sit down. I'm not done. Thank you. You are going to have to give me --
VOICE: When I see her --
VOICE: Go ahead.
VOICE: Let me finish, please.
GLENN: Stop, stop. Don't laugh at that. Cheer him again! Cheer him again. John McCain works for you. "Let me finish, please." Well, you're going to have to -- "No, I don't. I'm a citizen of the United States. I pay your frickin' salary. Out of those seven houses, beer bought maybe five of those houses. You being in the Senate, I purchased those two houses. Sit down. Shut up. I want you to listen to me. Where is my defender? Where is my representative?" Don't laugh at that. Applaud for somebody. With respect, with dignity, with peace in our hearts we need to still tell our people in congress and in the White House, "You work for me." It's time for you to listen because I've heard you two talk for two years now and you're not saying anything that I want to hear. So maybe you should start listening to me because it's clear to me you guys don't get it. All right, go ahead.
VOICE: Excuse me.
VOICE: Thank you. I think it's so important in today's country what we're really missing out on, when you have an Obama, Pelosi, and the rest of the hooligans up there going to run this country, we've got to have (inaudible). (Applause).
GLENN: Okay, stop. I want to play one more piece of audio for you. I want to play one more piece of audio for you. Now, I want to make it very, very clear. Barack Obama makes it very clear, he doesn't have anything to do with this organization. That's right, he doesn't. He doesn't have anything to do with this organization. But if I were supported, if I were on the air and, you know, you found out that all of the extreme -- if you were listening to me and I could say, "You know what, I have nothing to do with it," but you found out my biggest supporters are the Black Panthers and the nation of Islam, wouldn't you say, "Well, wait a minute, wait a minute, there's something to his message. What is attracting them to his message," right? If you are listening to me and the KKK says, oh, you've got to listen to Glenn Beck and they are doing all kinds of campaigns for me, wouldn't you say, wait a minute, what does the KKK like about his message? That doesn't mean that I would endorse the KKK, but if the KKK is endorsing me and pushing me, you would say, wait a minute, what is it I'm missing here? Because I don't hear that KKK message. What am I missing? Listen to this, and this video should be played by John McCain.