Glenn Beck: Mortgage Mess Is Like 'Weekend at Bernie's'




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Nobody is getting the truth, because the media always misses the point.

Take the mortgage bailout.

If you're like me, you're screaming at the television: "I played by the rules. Now you're helping people with mortgages and basically giving bonuses to the banks if they pay on time?"

What about me? What about you?" How much water are you expected to carry for those who carried none?

Let me be very anti-media and explain this as "Weekend at Bernie's." Remember the movie?

Bernie — the dead guy in sunglasses — is the mortgage industry. President Obama and his friends in Congress are propping him up, trying to make him look like he's still alive. And for a while, people might be fooled. But eventually, the whole charade will come to an end.

Forty-five million Americans have a mortgage and about 93 percent of them pay that mortgage on time. The problem is that from the top of the housing bubble in 2006 to now, home sale prices have dropped by 20 percent. That's resulted in a total loss of wealth approaching $3 trillion.

The government keeps trying to fool us with makeup and sunglasses. We're not that stupid!

Obama is now pumping in $75 billion for the people who took risky loans and guaranteeing another $200 billion to bolster Freddie Mac and Fannie Mae, the banks that let them do it.

Considering that Americans owe $11 trillion in mortgage debt, that's only scratching the surface.

We're playing board games with a dead guy to make him look alive when we should be putting him six feet under.

This whole charade is based on the hope that the worst is already behind us with housing, but does anyone really think that's the case? The country's top economists project home prices to drop another 16 percent below where they were in 2006. I did the math: That's 36 percent down from the peak.

That means, if the government keeps trying to prop up the mortgage industry, taxpayers will soon be on the hook for much, much more.

I guess, just like in Hollywood, even a really bad movie can still have a sequel.

What do you think? Send your comments to: glennbeck@foxnews.com




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Sen. Ted Cruz: NOBODY should be afraid of Trump's Supreme Court justice pick

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Sen. Ted Cruz (R-Texas) joined Glenn Beck on the radio program Wednesday to weigh in on President Donald Trump's potential Supreme Court nominees and talk about his timely new book, "One Vote Away: How a Single Supreme Court Seat Can Change History."

Sen. Cruz argued that, while Congressional Democrats are outraged over President Trump's chance at a third court appointment, no one on either side should be afraid of a Supreme Court justice being appointed if it's done according to the founding documents. That's why it's crucial that the GOP fills the vacant seat with a true constitutionalist.

Watch the video below to hear the conversation:

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Sen. Mike Lee (R-Utah) joined Glenn Beck on the radio program Wednesday to talk about why he believes President Donald Trump will nominate Judge Amy Coney Barrett to fill the Supreme Court vacancy created by Justice Ruth Bader Ginsburg's death.

Lee, a member of the Senate Judiciary Committee that will consider and vote on the nominee, also weighed in on another Supreme Court contender: Judge Barbara Lagoa. Lee said he would not be comfortable confirming Lagoa without learning more about her history as it pertains to upholding the U.S. Constitution.

Watch the video below to hear the conversation:

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This week on the Glenn Beck Podcast, Glenn spoke with Vox co-founder Matthew Yglesias about his new book, "One Billion Americans: The Case for Thinking Bigger."

Matthew and Glenn agree that, while conservatives and liberals may disagree on a lot, we're not as far apart as some make it seem. If we truly want America to continue doing great things, we must spend less time fighting amongst ourselves.

Watch a clip from the full interview with Matthew Yglesias below:


Find the full podcast on Glenn's YouTube channel or on Blaze Media's podcast network.

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'A convenient boogeyman for misinformation artists': Why is the New York Times defending George Soros?

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On the "Glenn Beck Radio Program" Tuesday, Glenn discussed the details of a recent New York Times article that claims left-wing billionaire financier George Soros "has become a convenient boogeyman for misinformation artists who have falsely claimed that he funds spontaneous Black Lives Matter protests as well as antifa, the decentralized and largely online, far-left activist network that opposes President Trump."

The Times article followed last week's bizarre Fox News segment in which former House Speaker Newt Gingrich appeared to be censored for criticizing Soros (read more here). The article also labeled Glenn a "conspiracy theorist" for his tweet supporting Gingrich.

Watch the video clip below for details:


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