You Get What You Pay For




Watch Glenn Beck weekdays at 5 p.m. ET on FOX News Channel

Here's the one thing: You get what you pay for.

You've probably heard this saying applied to bargain shopping, but I'll show you how this idea also works when it comes to economic advice from the government or economists.

Take Ben Bernanke. Back in March of 2007, he said: "The problems in the subprime market seems likely to be contained."

Oops!

Or how about the former economist for the National Association of Realtors, who said back at the peak of the housing market in 2005: "All of the doom and gloom forecasts of a housing debacle are not only irresponsible, but also downright wrong."

Sorry, thanks for playing.

And just this week, President Obama said it might not be a bad idea to buy stocks now.

Really? I'll take "This Won't Work Out Well for 1,000," Alex.

What all these things have in common is that we didn't have to pay for any of them. Well, actually we will be paying for them or more accurately our grandkids will — but that's a different story.

With that in mind, let's look at the latest Wall Street Journal survey of economists. Remember, this is free advice: About 90 percent of the economists said the recession would be over by the end of this year; 100 percent said the recession would be over by the end of next year.

One hundred percent — not one dissenter!

That sounds like great news, right? Sure, until you consider their track record:

February 2007, this group of soothsayers predicts a 22 percent chance of a recession. Turns out there was a 100 percent chance of them being wrong.

February 2008, the recession was already three months old, but the average guess from the economists was that there was just a 48.9 percent chance we'd see one.

October 2008, the recession was now almost a year old and these guys still can't all see it: They upped their prediction to 89.3 percent.

The lesson here should be obvious: Ignore advice from anyone who's offering it for free. It's like getting an eye exam from Mister Magoo. Why is anyone still asking them?

Why do we still care what groups of random economists or government cheerleaders have to say?

And, most importantly, how soon will it be until all of the distrust and bad advice turns America's fear into hate and our panic into what some are already calling in the U.K. the impending "summer of rage"?

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

Watch Glenn Beck weekdays at 5 p.m. ET on FOX News Channel

How many times must the corporate media get something completely wrong — and attack anyone who dares to disagree — before we realize who they have become?

On the radio program Friday, Glenn Beck shared an article from the Daily Caller titled, "Eight Anti-Trump Narratives the Media Finally Had to Admit Were False All Along." From the Lafayette Square controversy to the denial that COVID-19 could have anything to do with a lab in China to the "Russian bounties" story, the list of mainstream media conspiracy theories goes on and on. If it were anyone but the liberal media who got the facts this embarrassingly wrong, they would have been out of a job long ago.

Watch the video clip below to hear eight of the most anti-Trump the narratives shamelessly pushed by the media — that were completely wrong.


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Former President Barack Obama sat down with CNN's Anderson Cooper recently for an interview scheduled to air in full on Friday. During the interview, Obama scoffed at the idea that critical race theory could be a "threat to our Republic," while claiming that "right-wing media venues" are "stoking the fear and resentment of a white population."

On the radio program Wednesday, Glenn Beck set the record straight: the right-wing media's efforts to call out the far-left have nothing to do with race in America, but rather everything to do with protecting our way of life that is being threatened more and more each day by the radical, Marxist ideology seeping into government.

"Mr. Obama, you lied," Glenn asserted. "You used the IRS to hunt down your enemy. You spied on the media. And your health care package, which was supposed to save every American $3,000 per year, has helped some, perhaps, while raising the cost of everyone's health care in double and triple percentages. But the worst thing that you did, is you planted, you watered, and you protected the Marxist seeds, by crying race."

Watch the video clip below to hear more from Glenn:

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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.

Our sacred republic has never been in more danger than it is today. Little by little, industry by industry, the far Left is fundamentally transforming the country we love. And it's an aggressive, hostile kind of takeover we've only seen in some of the world's darkest societies.

On Glenn TV this week, Glenn Beck exposes how the Biden administration and Democrats are aggressively scrambling to reset everything: our free and fair voting system, our kids' education, our policing, immigration and border security, our economy, our military, and our energy supply.

Finally, Congressman Dan Crenshaw (R-Texas) joins to discuss how Biden's "woke" policies are threatening America's national security and our way of life.

Watch the full episode below:

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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.

Apparel company The North Face recently stated that it would no longer make jackets for oil and gas companies because it doesn't want to be associated with the fossil fuel industry. In response, Colorado-based oil and gas company Liberty Oilfield Services rented full billboard ads to remind The North Face of the truth: "Globally, 60% of all clothing fibers are made out of oil and gas. For North Face, it is likely 90% or more."

Liberty CEO Chris Wright joined Glenn Beck on the radio program Tuesday to discuss just how much of our economy — beyond outdoor apparel and energy — wouldn't exist in a world without fossil fuels. And he warns that many companies are now deeming this truth to be "controversial."

"I have been for years, trying to get a real, honest dialogue about energy going," Chris told Glenn. "So we took this opportunity to point out that North Face jackets are ... almost completely made out of oil and gas. How can you choose not to associate with the essential material your equipment [is] made out of? So we put a billboard up ... the billboard says, 'That North Face puffer looks good on you. And it was made from fossil fuels.'"

"Most billboard companies did not want to run that billboard. They thought it was controversial," he added. "And Facebook put a hold on our brief video just saying the jacket looks good, this is what it's made out of. In today's world, that is controversial."

Watch the video below to catch more of the conversation:

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.