Glenn Beck: Bear rally coming?


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GLENN: I want to talk to you, I want to talk to you a little bit, and maybe this is the difference between this show and other shows is I come to you as a guy who says I am completely flawed. I mean, you know, as much as I believe in family, boy, I struggle on being a dad. I really do. I struggle on being a son. I mean, I just, I believe in family, but that doesn't mean that I'm perfect at it by any stretch of the imagination. I believe in the things that I believe, but I come to you as a flawed guy. I believe in the things that I do on the economy and our country, but I don't ever want to come to you as a guy who you think that I'm beating my chest and say, "I am the ultimate authority." I truly -- and anybody who works with me will tell you this is true. I seek out the best minds I can possibly find and then I follow the example of Socrates. I just ask them question after question after question after question until they can't answer any more questions and then I go to the next. I want someone to prove some of these things that I feel. I want -- there's nobody that wants to be wrong more than me. And if you're a long-time listener to this program, you know that I'll come to you at times and I'll say, I'm trying to think things through and it's not quite right yet.

So let me do that with you here. I want to think things through. I just want to say them out loud with you and then just tell you what's on my mind because honestly this is what I'm trying to develop with the, you know, WE Surround Them project which we're going to unveil and show you on Friday's television show at 5:00. It is, we've got to start just talking to each other and we have to have conversations with each other where we're not afraid to think out loud, we're not afraid to say things that others might think are crazy. That's okay. Doesn't matter. Let's just say them and let's think out loud.

So let me think out loud with you. I was talking to Jim Rogers. He was George Soros' old partner. And Jim is a guy, is American. He moved his family, what, two, three years ago to Singapore because he said at the time Singapore is the future. And he said America is making too many critical errors and they're just, we are going to be left in the dust. And so he moved his family away from America. Now, CNBC used to have him on all the time when he was saying good things and then after he started saying things like, you know, the market's going to head for a crash and we're going to head for a depression and it's going to be ugly like you won't believe, all of a sudden he was marginalized as a kook and then, you know, he found himself, you know, in five different boxes on television and they would only say one thing, and the four people in the other boxes would yell at him. And so he was marginalized. Well, now he's starting to look really, really smart again, not because he's changed anything he said. It's because he didn't change what he had to say.

We had him on the show, what, last week and we had him for, I don't know, 15 minutes. And he said something. I said, you know, Jim, everybody is talking on television, you know, to the billionaires and the millionaires and the people who have all kinds of investments and, you know, understand the treasury bills, and I don't even know what -- I barely even knew how the treasury worked two years ago. I mean, who's got -- well, I'm a -- hey, Bob, did you hear this at the gas station this weekend? Hey, Bob, what did you do with your treasuries? What is that? I said, I just want to ask you if you have money in a 401(k) and it's all the money you have in the world, what do you do? What do you do? You've already lost about half of it. What should you do? What should the average person do? And he said at the time, he said wait for a rally and then get out.

Now, when he said that, I thought he meant, you know, maybe 200, 300, 400 points and then pull your money out. I don't think so. I can be wrong. I know nothing about this. Listen, this is not a financial show, a financial advice show. I have no place to tell you. I can tell you what I'm thinking. I can tell you what I'm doing. You've got to go seek an expert out. You've got to do your own homework. You've got to make your own decisions. Don't -- you know, people go, "Oh, he's just saying that so he can hedge his bet." No, I mean that. I didn't know how the treasury worked two years ago. So I'm the last guy you should go to for advice. When he said that, I was thinking about a small rally. But over the weekend as I'm doing my homework, there is something called a bear rally. I never heard of it. Apparently it's rare that a big bear rally would happen. And what it means is in the market of fear where everybody is right now, all of a sudden the market starts to rally and it can go up, you know, from 400 points to 4,000 points. It could just rally all the way up. But it's not real. And a bear rally then comes down and comes crashing down and destroys all of the wealth.

I will tell you that I have -- if you're a long-time listener, you know I have somebody who talks to me, a deep throat, but I have several people that don't want to talk to me on the record that tell me things, and there's somebody that I really truly respect that has said the market is going to go through a violent swing. It will go rocket high and crash down low. Said that about two weeks ago. I thought it was what we were doing here, you know, where we go up a couple of hundred points and then down, up and down, up and down. I don't think so. Again I'm thinking out loud.

I think there's going to come a time, because bubbles bother me now. Bubbles really bother me. Group think really bothers me because when the experts -- and so far the experts aren't saying this. When the experts all say something, I think it's usually wrong. I don't -- they don't -- they have been wrong every step of the way. And now the group think, I trust your gut better than any other expert, and I trust my gut. My gut still says there are fundamental problems with this country. There are fundamental problems. There's nothing real. We have a spending problem and we have a production problem. We don't make anything anymore. We just spend and create paper. That's all we do. That doesn't make sense. That doesn't work. It works for a while, but it doesn't make sense. When they're telling you, "Oh, you've got to go out and buy, got to go out and buy." Why? What are we creating? How is that helping our children? That's just ratcheting up debt.

But there's this group think that's going on that is very, very down. People now are starting to say, "Wow, we're in real trouble." The experts, however, are all pointing the other direction. They're all pointing up. I think there could come a time -- we have to be very careful on this. There could be a time when we start to see things turn around and it looks like a real rally, where it looks like, hey, we're coming out of it. Everybody wants that to happen, including me. So we could get caught up in the exuberance of, oh, my gosh, we just, we just dodged a bullet. Don't be so sure.

The market is down today. We're at 6614. I think we're headed to 5,000. I don't even know where. But I don't think this is the bottom. The problem, the fundamental problem that has to be solved is we have to know what tomorrow is going to look like. We have to know who controls our banks. We have to know that the government is not going to change the tax codes even more, that the government is not going to fundamentally change the rules more than they already have, which is staggering what they've done. We don't even know what they've done yet. We haven't felt that effect at all. We have to know that the unions are not going to be able to organize, you know, in small businesses. Just like card check: We have to know these things. If we would check that, if we would stop out-of-control spending, then I believe we could have a real rally.

There are new curriculum standards being implemented into schools throughout the nation for health classes that not only go far beyond what's appropriate for young children, but are entrenched in clear political biases, too. Under the standards, third-graders are taught about hormone blockers and endless gender identities, and topics get shockingly graphic for kids as young as 11. Some schools are even teaching their teachers and kids to ignore what parents have to say about these topics. And the worst part may be that many parents are completely unaware what their children are being taught.

Tina Descovich, co-founder of Moms for Liberty, joined "The Glenn Beck Program" to explain exactly what you can ask at your next school board meeting to ensure this "horrifying" curriculum isn't being taught in your kid's school.

Watch the video clip below:

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It should come as no surprise that a newsworthy story receives more media coverage when released on a Monday than a Friday. The reason is in part due to a large number of news-consuming Americans checking out for the week to focus on their weekend plans rather than the news.

On Monday's radio program, Glenn Beck shared information that President Joe Biden decided to release on Friday — when fewer people would notice — regarding the Climate Finance report. This report is marketed to Americans as "A Roadmap To Build a Climate-Resilient Economy." But Glenn believes the report to be Biden's Great Reset warning shot to banks.

In this clip, Glenn warned that if Americans don't stand together, in eight years we all indeed will own nothing. Watch the clip for the full story. Can't watch? Download the podcast here.



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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.

On today's radio program, Glenn Beck was joined by Bill O'Reilly to discuss the top stories of the week.

For O'Reilly, the biggest story this week centered around someone mysteriously missing from mainstream media news reports today: Mark Zuckerberg. Specifically, O'Reilly said it's the 'scandalous' way the Facebook CEO spent nearly $420 million to influence the 2020 election — and did so successfully.

Watch the clip to hear the full conversation. Can't watch? Download the podcast here.

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On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

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.