Glenn Beck - Obama flips: 'economy not as bad as we thought'


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GLENN: While everybody else is drinking Red Bull today, like there's nobody on the staff that has had more than -- I had, what, five hours sleep last night and I slept the most. Everybody, everybody else -- you haven't slept at all, have you?

STU: No, no, not, Glenn. But I'm getting that second wind in. You know it's that second wind where you realize after you sleep that you said several inappropriate things or you said sentences that did not string together in any reasonable fashion? I feel like I'm at that state.

GLENN: Oh, I know. Like kind of like the economy is not as bad as we thought it was.

STU: No, not that bad.

GLENN: It's not that bad? Oh, okay.

STU: It's like I haven't slept for months.

GLENN: Did you hear this? Barack Obama says the economy is not as bad as we thought it was. Didn't we just spend like a couple of trillion dollars? Isn't that kind of -- didn't you just tell us that if we don't do these things that the economy -- that we may not survive?

STU: Aren't you the guy who uses crisis as a pronoun? Isn't that you?

GLENN: What? We may not survive if we don't do these things; we do them -- and then it's like it isn't as bad as we thought it was. I have to tell you, congratulations because what I believe the president was saying was we've fixed this crisis. If we didn't do these things, we may not survive, but now we've done these things. It's not as bad as we thought it was.

STU: Might be time to get back into the market.

GLENN: Might be time to get back in the market. He now owns this economy and that's why I believe there's a correction coming from the White House today. This, by the way, and the, "Hey, you know, maybe you should do some stocks," both off TelePrompTer, both of them off TelePrompTer. I believe there's going to be a correction coming out today about -- because how did they do that? How does he possibly say that? By the way, I am -- you know what? Let me tell you something. My gut tells me, and I could be wrong. You know what? We may be over. This may be over. Maybe it is. I don't think so, but maybe it is. The stock market is up, oil prices are down. I mean, it's all looking good, right? We've gone up, what, 600 points? Isn't that the beginning of a rally? 600 points is the beginning of a rally. I just said earlier this week, expect a bull -- I mean, sorry, expect a bear rally, which means you haven't had the bottom but it's going to all of a sudden surge ahead. GM came out today and said that $2 billion we asked for, we may not need it, at least right now; I think we're going to be okay. CitiBank is saying, yeah, you know what, I think we're okay. I think it's Bank of America says keep your cash; we're going to be okay.

Now let me ask you this: Have we been lied to or are we being lied to now? Let me ask you, if you think this is a possibility, what I gave to you on Monday was expect a bear rally. Expect all of a sudden the stock market to go up for no reason. And I -- boy, I don't know if this is the bear rally, but the stock market going up for no reason, that would be today. They will point to, "Hey, well, CitiBank made some profit." Excuse me? We haven't even hit the real estate bubble yet. We haven't -- I mean, for the commercial properties. There are so many things yet to hit. So CitiBank, you know, "We're fine." Nobody all of a sudden, nobody needs the money. Everybody's going to be doing okay. You're going to start to see the suckers get back into this, into this stock market. And maybe I'm the sucker. I mean, you do your own homework. Maybe I'm the sucker because you can't ever call the bottom. And maybe that was the bottom and so everybody puts their money back in. But remember what Jim Rogers said to me last week when I said, "What should people do." He said wait for a rally. Let your money go up and then pull it out. When that happens -- because I don't believe that there are -- I believe there are people in there now that will take their money out when they say, "I just doubled my money since last week." And I mean big investors will take their money out because nothing makes sense.

Did you hear what the premier of China said? This is not some, you know, banking guy, you know, the Barney Frank of China. This is their president. This is the premier of China. I've got to quote this to you. He said, quote: We have made huge amounts of loans to the United States. Of course we're concerned about the safety of our assets. To be honest, I'm a little worried. I'd like to call on the United States to honor its words and stay a credible nation and ensure the safety of the Chinese assets.

Let's take this apart here. We made huge amounts of loans. He's now saying that we're loaning the money, not buying treasuries. It's no longer that they are buying our treasuries as an asset. This is huge in diplomatic language. He has changed from "We're buying an asset" to calling a spade a spade: We're buying debt. We're helping them. So we're making huge loans to the United States and we're worried about our assets. To be honest, I'm a little bit worried. Then he says, I'd like to call on the United States.

Now put yourself in an Asian frame of mind. These are the people that are like, oh, my gosh, did I eat the last french fry? And they kill themselves. You know, they're like, I didn't mean to dishonor you, I didn't know you wanted that last french fry. I didn't even think. I'm sorry (making choking sounds). Honor is what this -- Stu, you think that's over the top? You think that's a bit extreme?

STU: I --

GLENN: You don't think they've done that?

STU: I think what you're saying is they take honor seriously.

GLENN: I'm just sayin'. Haven't you ever done that where your wife has gone, what, you just ate the last french fry? And you're like, honey, I'm sorry, I didn't even think; get over it. That ain't happening in China, Japan.

STU: No. You just fall immediately on your fork. (Laughing)

GLENN: (Laughing). What a snob, you're eating french fries with a fork. Okay, so anyway, honor is what this is all about. He says I'd like to call on the United States to honor its words, stay a credible nation. Now listen to this: And ensure the safety of Chinese assets. This is wildly important for three reasons: One, this puts our T-bills, our treasury bills at stake. What does this -- what is the rest of the world going to say when China says this? Two, he's setting us up in case we go down. We're going to be lucky to be quarantined. We are going to become the world's pariah. We are going to be the ones that tore everybody down because we weren't living an honorable life. We were responsible for it. Honor its words and stay a credible nation and ensure the safety of the Chinese assets. He's saying to the Chinese people, "If we lose these assets, it's because of these people over here. They have dishonored us and they have destroyed your assets." The third thing is this is a very powerful statement on the eve of the G20 summit. The guy who is the Nobel Laureate behind the Euro, the guy who said the Euro is a good idea, we can unite everybody together under the Euro, he's just now come out and said the time has come for a global currency. Countries are starting to come onto that bandwagon: Time for a global currency. China has already asked for a global currency. This means our dollar will be over because we're the global currency right now. This is moving us into a direction that, well, you know what? Nevermind. Things aren't as bad as we thought they were. We got that from the president last night. So -- and maybe he's right.

On Monday's radio program, Glenn Beck and Stu Burguiere were joined by Pat Gray to discuss "woke" Olympic athletes.

In this clip, the guys discussed how "bravely" some athletes are for threatening to protest the national anthem, for twerking on stage, and for showing off how woke they are.

Glenn reminded America of actual bravery at the Olympics when Jesse Owens won the gold medal at the Berlin Olympics. "He [Owens] was oppressed," Glenn said.

Watch the clip to hear Glenn tell the full story. Can't watch? Download the podcast here.

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Political commentator Bill O'Reilly joined the Glenn Beck radio program on Friday made an important prediction about President Joe Biden's chance of reelection in 2024.

O'Reilly told Glenn that former President Donald Trump was brought down because of COVID. "if COVID had not appeared, O'Reilly stated, "he [Trump] would have won reelection."

O'Reilly went on to predict that like Trump, President Joe Biden would lose reelection because of COVID. People saw a president who could not put out an intelligent fact-based message about COVID and people will remember that," he explained.

O'Reilly later added that "Trump and Biden are one-termers because of COVID."

Watch the video below to catch more of the conversation:

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Critical race theory: Marxism is a religion

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Marx didn't actually tell his followers that the system needed to be destroyed. And it's not what Marx actually believed. Very few Marxists actually understand what Marx laid out.

Marxism isn't a list of demands and instructions. It's Marx's attempt to tell the future. Some of it he got right, most he got wrong. For example, he predicted the rise of automation.

Believe it or not, Marx was not an anti-capitalist. If anything, he revered it.

In a letter to Engels, he complained that too many people misunderstood his message, that his plan is to merge with capitalism. To make it new. He wanted to reify his brand of socialism, reify is a Marxist term, actually. It basically means to make an abstract idea concrete.

Marx didn't hate capitalism. He actually thought it was necessary. And he knew communism would never happen without the aid of capitalism.

Marx didn't hate capitalism. He actually thought it was necessary.

From there, he takes these ideas to some weird conclusions. Horrible conclusions. The main one being revolution.

What does the first phase of the Marxist revolution look like? How will we know if it has started? How can we tell if it's already begun? Marx's idea of the "dictatorship of the proletariat," where the working class would rise up in revolution and earn their freedom.

But what did Marx mean by freedom? Like so much of Marxism, it involves giving up your individuality, in service to the collective: "Only in community with others does each individual have the means of cultivating his gifts in all directions; only in the community, therefore, is personal freedom possible."

That's from his book The German Ideology, which he co-wrote with Friedrich Engels, the guy who paid all of his bills: "Free competition, which is based on the idea of individual freedom, simply amounts to the relation of capital to itself as another capital."

His idea here is that capital ruins any idea of freedom or individuality. And competition is what he uses as proof. In other words, Marx's definition of freedom has nothing to do with actual freedom, freedom as we know it.

He wrote, in Capital: "It is not individuals who are set free by free competition; it is, rather, capital which is set free."

He's saying that Capital manipulates our individual freedom and forces us to exploit ourselves. For someone who didn't believe in God, he sure had some fanciful ideas about the forces that control the universe.

For someone who didn't believe in God, he sure had some fanciful ideas about the forces that control the universe.

Marxists have always argued that capitalism is a religion. That our debt to capital is no different than our debt to God. Critical Theorist Walter Benjamin wrote an entire book called Capitalism as Religion, and wrote that capitalism is "the first case of a cult that creates guilt, not atonement."

There were many strains of socialism before Marx. There were entire movements, named after socialist and anarchist philosophers. But Marx was the one who figured it out, with the help of a rotating cast of people paying for his sloth, of course.

Marx's influence on socialism was so profound that socialism was practically re-named in honor of Marx. Marx has been deified.

He created a utopian society. Very hypothetical. It requires a working class that is devoted to daily readings of The Communist Manifesto.

This assumes that people who work all day — at a real job, where they can't just sit on the couch all day as Marx did — even have the energy to read dense theory when they get home.

Marx made a religion.

This post is part of a series on critical race theory. Read the full series here.

The Capitol riot was foolish and tragic, but Pelosi's Select Committee "investigation" on the January 6 "insurrection" has devolved into a show trial complete with bad tears and bad acting. But this is just a charade designed to distract us.

What's going on behind closed doors is truly nefarious. The Biden White House and the U.S. national security apparatus are seizing that event to redefine domestic terrorism and expand the powers of government to prevent it. There is an alarming blueprint for sweeping government action called the "National Strategy for Countering Domestic Terrorism," put together by the National Security Council.

On his Wednesday night special this week, Glenn Beck exposes the collusion between the Biden administration and Big Tech to surveil, root out, and silence America's deplorables – all in the name of national security.

Watch the full "Glenn TV" episode below:

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