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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.

'Lord, we are SORRY it has taken us this long': BlazeTV hosts react to historic Roe v. Wade decision

Photo by Yasin Ozturk/Anadolu Agency via Getty Images

The Supreme Court of the United States officially overturned Roe V. Wade, and the debate over abortion rights has been given back to the states. On this historic day, BlazeTV hosts celebrate the Supreme Court's incredible decision and take a look at some of the insane reactions as the left comes completely undone.

Jason Whitlock: Today will forever stand as a pivotal moment in our nation’s history

The Supreme Court of the United States overturned Roe v. Wade. The decision and the reaction to it have already revealed a lot about our people and politics. Pro-life groups celebrate, pro-choice groups call for “a night of rage,” and Nancy Pelosi just seems completely confused by the United States Constitution.

Glenn Beck reacts LIVE to Roe v. Wade ruling: 'Lord, we are SORRY it has taken us this long'

I never thought that in my lifetime, I would see Roe v. Wade be overturned. But today, that day has come. The Supreme Court has voted 6 to 3 to return decisions about abortion to the states. But this fight isn't over. We are about to see good versus evil side by side. Many states will stand with the unborn. But others will become abortion mills. It's your turn to choose now, America!

Allie Beth Stuckey: 'Praise God, Roe v. Wade is overturned!'

I don't know about you, but I just had the most euphoric feelings. It almost seems too good to be true. I didn't think there was any way that this would actually happen, especially with all the backlash, intimidation, and violence toward the Supreme Court justices. And yet, here we are. Roe v. Wade has been overturned. This is an amazing day!

Dave Rubin: Big disagreement on what happens next now that Roe v. Wade is overturned

Dave Rubin, Libby Emmons, Jeffrey A. Tucker, and David Reaboi debate what will happen in the wake of the Supreme Court’s breaking decision on Roe v. Wade. Now that abortion rights have been pushed back to the states, will there be a summer of massive riots or not? Will the Roe v. Wade ruling make America’s political polarization significantly worse?

Stu Burguiere: Here are the reasons SCOTUS overturned Roe v. Wade

I never thought this would happen. I never thought I would see this day. I just never ever ever ever never ever believed that Roe v. Wade would actually be overturned. I really didn't. But let's take a look at the reasons this day has finally come ...

The Rick & Bubba Show: 'This is history! Unfortunately we're 60 million lives too late'

We were live on the air when news broke of the Supreme Court decision to overturn Roe v. Wade.

Parkland survivor tries to delete 'inciting' tweet about SCOTUS justices — but the internet is forever

Photo by Bryan Bedder/Getty Images for WE Day

Today, the Supreme Court of the United States overturned its controversial 1973 Roe v. Wadeopinion, concluding that there is no constitutional right to an abortion.

"The Constitution does not confer a right to abortion; Roe and Casey are overruled; and the authority to regulate abortion is returned to the people and their elected representatives," the syllabus of the decision reads.

As expected, the leftist outrage erupted instantaneously, fueled largely by the misinformed idea that overturning Roe v. Wade means abortion will be banned nationwide. But, as stated in the above-mentioned Supreme Court syllabus, the authority has actually been returned to individual states and their duly elected lawmakers.

One such misinformed leftist, Parkland shooting survivor Cameron Kasky, was infuriated that those awful Supreme Court justices "just voted to kill women." So he took to Twitter to urge people to go to the homes of said Supreme Court justices to "let them know how you feel."

"Go to the home of every Supreme Court justice who just voted to kill women. Let them know how you feel," Kasky tweeted.

The backlash was immediate:

Kasky decided to delete his original tweet because he is apparently "sick of republicans talking to [him]." But, unfortunately for Kasky, the internet is indeed forever:

Speaking from the White House, President Joe Biden dutifully helped spread the misinformation about the Supreme Court's decision to overturn Roe v. Wade, and took the opportunity to prompt voters to elect more Democrats in November so that Congress can write abortion protections into law. Did the president just let slip the real reason Congress hasn't made any effort to start writing such laws in the nearly two months since Justice Samuel Alito's draft opinion was "leaked" in early May?

Watch Glenn Beck and producer Stu Burguere discuss how Biden's speech reveals that Democrats are absolutely terrified of the upcoming midterm elections. Can't watch? Download the podcast here.

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.

CNN reporter tries to 'ambush' GOP candidate Kari Lake, IMMEDIATELY regrets it

Image source: (left) Video screenshot/ (Right) Mario Tama/Getty Images

CNN senior national reporter Kyung Lah thought she'd caught Republican Arizona gubernatorial candidate Kari Lake off guard when she asked for an impromptu interview outside an event, but ended up sorely regretting her decision.

Lake, a former Fox news anchor, shook hands with Lah as she approached and immediately pointed out that the CNN reporter wasn't wearing a mask any more, a barbed reference to a contentious interview in October 2021, in which Lah smeared the GOP candidate as a “rising star of the right-wing and proud spreader of lies." Lah asked if Lake had “a minute to chat.”

“I’ll do an interview," Lake answered, "as long as it airs on CNN+. Does that still exist? I didn’t think so, because the people don’t like what you guys are peddling, which is propaganda. Thank you.”

Lake then walked into the event, leaving Lah utterly speechless.

It looks like Lake gained quite a few fans on Twitter:

Kari Lake has been a longtime friend to "The Glenn Beck Program." She joined Glenn last August to tell Glenn why she left the corrupt world of media, what prompted her to enter "the even more corrupt world of politics," and how she plans to make a big difference in her battleground state of Arizona.

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

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.

Hunter's Biden's latest BIZARRE scandal reveals how red-flag laws REALLY work

Photo by Demetrius Freeman/The Washington Post via Getty Images

Even if red-flag laws weren't unconstitutional (which they are), they've never been about your safety. They're about your submission, argued Glenn Beck on the radio program. Think of it this way: If red flag laws became the law of the land, do you think President Joe Biden’s son Hunter would lose his guns or face charges for violating the gun laws we already have?

You may have heard that he once "lost" a gun in a dumpster by a school. But there's a whole lot more to the bizarre tale. Newly revealed texts from Hunter's abandoned laptop detail the strange drama that unfolded when Hallie Biden, Hunter's sister-in-law-turned-lover, threw his handgun into a dumpster near a Delaware school in October 2018. The gun was found and turned in to police, but like so many of the Biden family scandals, the chaos created a sandstorm that conveniently helped cover Hunter's tracks. Only tidbits of information have emerged, the most significant of which is that the gun in question was purchased by Hunter illegally and, of course, no charges were filed as a result.

Glenn broke down the details of the most recently revealed Hunter Biden scandal, noting in particular that no charges or arrests were ever made as a result.

"If you voted for Joe Biden and you believe in all of these red-flag laws, then why isn't Hunter Biden in jail today?" Glenn asked.

"You and I both know that the ramifications of Hunter Biden's activities and his tragic saga go well beyond Hunter Biden, because they are teaching people a lesson. We are moving towards a society that has a ruling class that lives above their own edicts. They tell us they know better. They tell us that our neighbors and even some of us are dangerous, while ignoring the dangers in their own lives or in their own families ... We saw it during COVID-19 and we will see it again with gun regulations, 'The rules are for thee and not for me.' This is why Americans cannot give an inch, not one inch of our liberty away on the grounds of the government's good faith. They have no good faith left. They have violated every single principle of liberty and they've done it in a name of they know better," he said.

"Don't be fooled," Glenn added. "Just as we saw during COVID-19, just as we saw with the Patriot Act that is now being horribly abused by the people in power that swore they'd never abuse it, red-flags are not about your safety. Period. They are about your submission."

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

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.