Glenn Beck: March to Socialism - handling cash

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GLENN: Well, one of the basic assumptions of socialism is that the government is able to handle conducting business better than the private sector. Well, Barack Obama is testing that with a stimulus package. Of course, he did say and so did Geithner that they were going to have to try out new things. Well, here we go. The Washington Post looked up exactly what that means. For example, you hear Barack Obama say the stimulus package is going to help the poor. Well, here's one of the ways that that's supposed to happen. Again think of the logistics of this. Processing the rush of money is complicated by the requirements unique to the stimulus act... this is quoting the post. The Department of Housing and Urban Development is getting $1.5 billion for homelessness prevention, a task in which it has never engaged. I'm just letting that sink in there. Homelessness prevention, $1.5 billion flooding into a government institution to accomplish something it's never even tried before. What could possibly go wrong with your money?

How about this one? The National Endowment For the Arts is receiving $50 million in stimulus money but must use criteria that it does not prioritize it giving out its $122 million in annual funding, whether a particular grant is likely to preserve jobs. Wait a minute. That means assessing the financial health of the arts organizations to determine which might cut back without a grant. Means assessing the financial health of art organizations to determine which would cut back without a grant. So in other words it's like a stress test for the banks except it's for the arts. I'm sure the business geniuses over at the National Endowment For the Arts will be analyzing the proper staffing of individual arts organizations on the fly. We might as well light that $50 million on fire. We can -- you know what? We could. I know it's got a picture of the flag and everything on the back, but that's art. If we're burning it, it's art.

Here's another classic example. The Maryland Energy Administration gets $1 million a year from the federal government to improve energy efficiency. The stimulus act is providing 57 times that amount on top of the $65.million the state is getting to weatherize individual homes. You think there may be a possibility of being overwhelmed when your organization goes from trying to spend a million dollars to between $57 and $122 million with just a flick of the president's pen? You think maybe the structure's not there for that? You are so cynical.

If you're skeptical and you think that it's easy to suddenly handle that flux of cash, just think of every single lottery winner you've ever heard of.

VOICE: That was even more overwhelming evidence that we are destined to be a bunch of socialist pigs very, very soon on the Glenn Beck Program.

Glenn gives the latest coronavirus numbers, updating YOU on everything needed to know as Americans and officials monitor China's new COVID-19 virus:

Daily Stats as of 5:30 AM CT (from John's Hopkins)

  • Total Confirmed Cases Worldwide: 799,995 (up from 735,135 Yesterday)
  • Total Confirmed Deaths Worldwide: 38,735 (up from 34,807 Yesterday)
  • Total Confirmed Recovered Worldwide: 169,995 (up from 155,950 Yesterday)
  • 5% of Active Cases are considered serious (requiring hospitalization) Steady from 5% Yesterday, but down from 19% high back in February
  • Note that 11% of US Confirmed Cases require Hospitalization, roughly on par with Italy at 12% requiring hospitalization
  • US has 164,359 Confirmed Cases and 3,173 Deaths, up from 142,746 cases and 2,489 deaths Yesterday
  • The United States of America now leads the world in total confirmed cases, with 63,000 more cases than Italy (although Italy leads the world in Deaths with 11,591 officially dead)
  • US has 3,173 Dead vs 5,507 Recovered and 3,512 in Critical Condition
  • The US Currently has 155,679 Active Cases of COVID-19, with less than 0.6% of the total US population tested
  • 15% of Americans who have been tested have been diagnosed with COVID-19
The Moment of Trump's Conversion: Dr Anthony Fauci Takes Full Responsibility
  • Dr Anthony Fauci, the Chief Medical Advisor to the coronavirus task force, explained on CNN that Trump listened and "got it right away" after being shown new data projecting as many as 3 Million deaths in the US if COVID-19 mitigation policies were lifted.
  • Fauci also said Trump's "first goal is to prevent suffering and death" and this was part of the reason why he knew the COVID-19 guidelines should be extended.
  • "You know, interestingly, we showed him the data, he looked at the data and he got it right away, it was a pretty clear picture," according to Fauci.
  • "Dr. Debbie Birx and I went in together and leaned over his desk and said 'Here is the data, take a look.'
  • Trump reportedly looked at them, understood the implications and he shook his head and said 'I guess we got to do it.'
  • "Medically, this is the right decision, and I stand behind it 100%," Fauci said.
  • "From a public health standpoint, we felt strongly that it would have been the wrong decision to pull back," Fauci said. "I mean, we are scientists, physicians, public health officials. We're not economists. We're sensitive to the idea that the economy could suffer, but weigh that against tens of thousands, hundreds of thousands of American lives."
  • " was patently obvious looking at the data that at the end of the day if we try to push back prematurely, not only would we lose lives, but it probably would hurt the economy as well. So you would lose on double accounts. So, to us, there was no question what the right choice was."
Washington DC, Virginia, Maryland Join States Issuing House Arrest Orders
  • Maryland and Virginia became the latest states on Monday to enact "stay-at-home" mandates amid the coronavirus outbreak, except for essential travel for work.
  • Virginia's order is in effect until June 10, making it one of the longest statewide mandates implemented so far.
  • Maryland's penalties for violating its order are among some of the strictest in the country, including a $1000 fine, and up to 30 days jail time for repeat offenders.
  • In total, more than 210 Million Americans now effectively live under some form of House Arrest or Shelter In Place type orders, with another, 50 Million facing travel or shopping/eating restrictions.
  • Only 6 states have not closed schools.