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Glenn Beck: Obama's tax break...$13?

February 12, 2009
 Radio Clips

The Glenn Beck Program




"Change"

GLENN: We have -- I'm not exactly sure why we have Gilroy Wedgecoff on the phone. Mr. Wedgecoff, are you there?

CALLER: Yes, I am. Thank you for having me on the program.

GLENN: Sure. You are with Aspartame and Associates?

CALLER: Yes, I am. Large investment firm. I'm sure you've probably had dealings with us in the past.

GLENN: No, I've never even heard of you. Mr. Wedgecoff, you are a financial advisor?

CALLER: I am, Glenn. As you know, a lot of people are having problems with their finances and people are thinking about -- you know the current economic climate, I'm getting a lot of calls these days.

GLENN: I bet you are, a lot of people saying what happened to my money, you know, get me out of the stock market.

CALLER: You know, Glenn, with all due respect, I do listen to your program and watch it on the television.

GLENN: Yes.

CALLER: And I've noticed you really are a "Glass is half empty" sort guy, would you say?

GLENN: Well, no, I'm a realist. The stock market has taken a beating and I think there's even more to come, but --

CALLER: No, but I'm talking about people calling me right now. This is the sort of thing I'm getting. I'm getting a lot of people calling of what am I going to do with my money, where do I put it, what's the best place to earn.

GLENN: Whose idea -- hang on just a second. Who's calling? Are you saying the average person now is calling investment advisors and saying where am I going to put their money? Because I think most of the average people are saying, you know, I don't have any money, what happened to my money.

CALLER: Come on.

GLENN: I'm trying to -- where is the humor in that?

CALLER: Well, you really are out of touch with the average person, Glenn, and I understand that. You know, you're in the media, this is your business to make things scary and you want to show the down side of everything.

GLENN: Where's the money, sir?

CALLER: Well, people are going to have $13 extra per week thanks to this stimulus plan. Have you not read the headlines today?

GLENN: I forgot about all that money, yeah, I forgot it.

CALLER: I am being flooded with calls right now, Glenn.

GLENN: Flooded with things?

CALLER: People are saying what do I do with all this money, where do I put it, I have so much now I don't know what to do with it. I feel like perhaps I should put an addition on the house to hold all the money for the family.

GLENN: Now, a lot of people would say $13 a week -- for instance, I didn't get the tax cut because I don't make under $75,000 a year, but for those people who are lucky enough to get that tax cut, let's say I did get it, I spent half of my tax stimulus and my tax break in the cab this morning.

CALLER: Well, I mean, a lot -- again I can't take person -- I haven't looked at your personal financial situation but let me tell you.

GLENN: Sure.

CALLER: I am cautioning people when they call today because they're saying, "I have $13. Should I buy another home. Should I get at least -- there's a lot of questions that people are asking. What I'm telling you, the rest of the year, I'll give you that. This is, you can pretty much do whatever you want the rest of the year, but --

GLENN: Okay, you're breaking up just a little bit, Mr. Whatever your --

CALLER: At the end of the year, though.

GLENN: Yeah.

CALLER: It will go down from $13 to $8. So --

GLENN: So you are saying don't get into like one of those ARMs or those mortgages because you are going to be -- you're not going to have $13 forever?

CALLER: Right, and cut down. Maybe only get one vacation house. You know, Glenn, it's very interesting, and this system overall is really helping investors. For example, let's say you want to invest in GE because you're a big fan of Keith Olbermann, one of your colleagues.

GLENN: Sure.

CALLER: You know, and you're just a huge fan and you're sure he's going to rocket that company to success. So what you -- look back a couple of years.

GLENN: Uh-huh.

CALLER: You would have needed to get, you know, $60 to buy a share of GE, one share.

GLENN: Sure, one share of GE, $60.

CALLER: Now if you factor in the entire -- it would take a month even with this huge tax rebate that Barack Obama gave. If you just now, now you've gone from a month not even being able to afford a share to now you can get a share per week all because of these fabulous financial policies that we're having.

GLENN: Holy cow.

CALLER: How about Citigroup.

GLENN: Yeah, Citigroup.

CALLER: You used to have to work a whole month just for a share, now you can get 13 shares in that same month. Barack Obama, you can replace all the shares that you may have lost very quickly with this tax cut.

GLENN: So now, what you're trying to say is now is the time to buy because you can buy 13 shares of Citigroup just with your tax break, just with your tax break because this is such a good investing atmosphere that we've created.

CALLER: Look, I'm not saying go crazy here. The important part is to (inaudible). Don't put all $13 in one place. You don't want to put --

GLENN: You don't want to buy 13 shares of Citigroup today with that. What would you -- how would you diversify?

CALLER: I would want to, personally I would want to buy a share of Merrill, a share of Lehman, a share of Bank of America. You want to spread this around to all the companies --

GLENN: What do you think about, what would you think if I bought seven shares of Citigroup, I bought Lehman, Merrill.

CALLER: Now when you say Lehman and Merrill, you mean the entire company, right?

GLENN: Yeah, the entire company.

'YOUR voice makes a difference': Coca-Cola takes a 'pause' on woke initiatives after BIG boycott

Earlier this year, Coca-Cola became the poster child for how a corporation could shove leftist ideologies onto its consumers. The company suspended advertising on Facebook in a push to censor former President Donald Trump, published a manifesto about racial equity, and demanded all legal teams working for Coke meet certain diversity quotas.

But now, after Trump, Sen. Ted Cruz (R-Tx.), Sen. Rand Paul (R-Ky.), and many other conservative voices called for a boycott of the company's products, Coca-Cola appears to be shifting directions.

The Washington Examiner reported that the company issued a conciliatory statement after conspicuously failing to appear on a published list of hundreds of corporations and individuals that signed a statement denouncing the Georgia voting bill.

"We believe the best way to make progress now is for everyone to come together and listen respectfully, share concerns, and collaborate on a path forward. We remained open and productive conversations with advocacy groups and lawmakers who may have differing views," the company said. "It's time to find common ground. In the end, we all want the same thing – free and fair elections, the cornerstone of our democracy."

Then last week, Coca-Cola Co.'s new general counsel, Monica Howard Douglas, told members of the company's global legal team that the diversity initiative announced by her predecessor, Bradley Gayton, is "taking a pause for now." Gayton resigned unexpectedly from the position on April 21, after only eight months on the job, to serve as a strategic consultant to Chairman and CEO James Quincey.

"Why is Coca-Cola 'taking a pause' on all of these? Because you have been standing up," Glenn Beck said on the radio program Monday. "You and others have been standing up. Your voice, it's the power of one. Your voice makes a difference."

Watch the video below to hear more form Glenn:

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.

'The problem is NOT racial': Bob Woodson, civil rights activist who survived segregation, counters 'race grievance' LIES

This week on "The Glenn Beck Podcast," civil rights activist and Woodson Center founder Bob Woodson joined Glenn to call out the leftists in the "race grievance industry," like the Rev. Al Sharpton and Black Lives Matter, Inc., who, he says, are "profiting off the misery of their people."

Woodson lived through the appalling segregation laws of the last century and has a much different message about what it means to be "oppressed" than the so-called "anti-racist" activists today.

Woodson said he believes the real struggle for impoverished minority communities "is not racial." He argued that leftists "at the top" derive "moral authority" by claiming to represent "so called marginalized groups," while they prosper at the expense of those "at the bottom."

"There's nothing worse than self-flagellating guilty white people and rich, angry black people who profit off the misery of their people," Woodson said.

"I call what Sharpton and some of those are doing is worse than bigotry. It's treason. It's moral treason against their own people," he added. "The only time you hear from them is when a white police officer kills a black person, which happens maybe 20 or 21 times a year, but 6,000 blacks are killed each year by other blacks. So, in other words, their message is black lives only matter when taken by someone white, which means you are betraying the black community when you turn your back on 20 children that are slaughtered and you don't march in that community and demand that those killers be turned over to the police."

'The problem is not racial," Woodson asserted. "The problem is the challenge of upward mobility. Any time you generalize about a group of people, blacks, whites, Native American, and then you try to apply remedies, it always benefits those at the top at the expense of those at the bottom. ... It's a bait and switch game where you're using the demographics of the worst of these, to get resources that helps the best of these, or those who are prospering at the top. So, if I was the president, I would say an end to the race grievance business, that America should concentrate on the moral and spiritual free fall that is consuming people at the bottom."

Watch the video clip below to catch more of the conversation, or enjoy the full podcast here or wherever you listen to podcasts:

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.

Mark Levin decodes Biden’s first address to Congress, EXPOSES radical plans for our country

Image source: Video screenshot

Following President Joe Biden's first joint address to Congress, Glenn Beck joined fellow BlazeTV host and author of the new book, "American Marxism," Mark Levin to expose what they called the "Liar-In-Chief's" radical plans for our country and to explain why the far Left's proposals and programs are really a "frontal attack" on our Constitution, our country, and our way of life.

"Substantively, this is a frontal attack on our Constitutional system of limited government. It is a frontal attack on our capitalist system. He's basically throwing out all the bromides for the radical left groups that now form the base of the modern Democrat Party. And I make the case that ... this is Marxist bullcrap in its broadest sense," Levin stated.

"Here we are, a country now where one man can get up in the middle of the night and make a list of everything he wants to do to the country," he added, speaking figuratively. "It's like an unreality where we're living in separate worlds ... the whole thing is a fraud."

Watch the video clip below to hear Levin expose the lies and misinformation in Biden's speech and explain why he believes the true message is absolutely chilling for the future of our nation:

Want more from Mark Levin?

To enjoy more of "the Great One" — Mark Levin as you've never seen him before — subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Biden's Big Speech: The Glenn Beck & Mark Levin Rebuttal

After months of delays and COVID-19 excuses, President Biden finally delivers his address to the joint session of Congress. It is a truly historic moment, as only a few hundred members of Congress received an invite. While some have compared this speech to JFK's moon landing challenge, it will likely be more like FDR's New Deal nightmare. Will Speaker Pelosi continue her tradition of ripping up the president's speech? Will VP Harris cackle to a quiet audience?

Glenn Beck teams up with fellow BlazeTV host Mark Levin, author of the new book "American Marxism," to take on the progressive plans that could completely transform our economy and our way of life. Steve Deace, BlazeTV host and author of "Faucian Bargain," joins to discuss why it's not enough for conservatives to just lament the dangerous Democrat agenda; we must activate against the woke infection of our institutions. Plus, a power panel to rival CNN talking heads: Stu Burguiere, BlazeTV host of "Stu Does America," and Jason Buttrill, head researcher and writer for Glenn Beck.

Watch the video below:

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.

Subscribe today and save $20 with promo code "MALARKEY".