Glenn Beck: Obama says fundamentals of economy are strong




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PRESIDENT OBAMA: But like those ads for prescription drugs, you've got to learn to read the fine print to learn the rest of the story to find out the side effects. You see, Senator McCain would pay for his plan in part by taxing your healthcare benefits for the first time in history. I want everybody to be clear about this. This tax would come out of your paycheck. So if you make $40,000 a year and you've got a healthcare plan that cost your employer $10,000, now instead of being taxed on $40,000, you are going to be taxed on $50,000. Your taxes go up under his plan.

GLENN: Okay. So that's what he's saying. And so you know, John McCain's comeback to that was, no, I'm giving tax credits to pay for it so it levels the playing field. My point on that was why would you take it here and then give it back over there? It's already too complex.

Let's just take the Tim Geithner thing. Tim Geithner, let's say he paid his taxes. He didn't. He knew -- he was signing papers every quarter. He knew exactly what he was doing. Tim Geithner intentionally cheated on his taxes. I believe that with everything in me. The guy is a gambler. He is a dangerous man. But there were others that probably intended on paying their taxes. They are saying guy after guy after guy goes up now to work for Tim Geithner and they are saying the reason why none of these guys are working, why I don't believe, they are saying the reason why none of them have to get passed, all of them have to withdraw is because none of them have paid their income tax, none of them have paid right. Well, okay, that says one of two things. One, that everybody in America is a crook, or two, the tax code is too complex. It's 80,000 pages. The tax code is a weapon. They want it to be that complex because that way they can use it against you. It's 80 thousands pages. Either everybody in America is a crook or it's too complex. One way or another we should find out which it is and we should solve that problem.

Barack Obama's plan now looks like it will do exactly what John McCain just suggested! Barack Obama's running out of people to be. I mean, he's been every president. Now we're going on to presidential candidates. Now he's becoming John McCain. That's not the only thing. And by the way, help me out. Anybody who runs a small business or anybody who, you know, gets healthcare, help me out how that helps healthcare or how that helps your job, how that helps your personal bank account or how that helps business. Somebody explain that. I can quickly explain how that's going to help nationalized healthcare because if you get it from the government, it won't be taxable. So I understand how that helps Obama and socialism but I for the life of me can't figure out how taxing people's healthcare benefits helps on any of the things that they say they want to do. I can't think, not one way. Help me out on that.

Now here's the other thing. Remember when John McCain came out and talked about the economy and how the media just ripped him apart? Listen carefully what John McCain said.

SENATOR McCAIN: Know that there's been tremendous turmoil in our financial markets and Wall Street and it's -- people are frightened by these events. Our economy I think still, the fundamentals of our economy are strong but these are very, very difficult times.

GLENN: Okay. Why did John McCain say that the fundamentals of the economy were sound? Do you remember that? He was hammered as somebody completely out of touch. Now, this was back in September. That John McCain said the fundamentals of the economy are sound. This is when Wall Street was about 10,000 points? Do you know? Just look it up. This is when most of America still didn't see what was coming their way. And the fundamentals. Now, he came back and said that the fundamentals were sound because of the American worker, because of the entrepreneur. He's right. He's right. If you do not handcuff the American worker, if you don't handcuff the small businessman, if you don't handcuff the entrepreneur, the dreamer, the person that creates, the fundamentals are sound. We are still America. We're going to get ourselves out of anything. But once you handcuff those people, once you punish those people, well, then the fundamentals are not good.

What did you say, Stu?

STU: Back in September it was about 11,000.

GLENN: 11,000 is when he said that. That was the stock market is 11,000. It's now at 76 -- sorry, 7200. And mark my words, this is a bear rally. This is a sucker's rally. This is a destroyer of wealth. That's all this is. The fundamentals of the economy are not sound now because of government. It started with George W. Bush; it's continuing and accelerating under Barack Obama. No one knows what the government is going to do next. No one knows how they are going to punish or who they are going to punish and so the fundamentals are bad because people who do have money or have access to money are sitting on it because they don't want to invest because they don't know what's coming! So the fundamentals are not good.

But here's Barack Obama. Remember, John McCain, he's an idiot because the fundamentals are sound because of entrepreneurs and small businessmen and the American worker. Here's Barack Obama.

PRESIDENT OBAMA: We are keeping focus on all the fundamentally sound aspects of our economy.

GLENN: The economy's fundamentally sound. Do you have any more clips, Dan? Do you have the person over on, what was it, Meet the Press this weekend? You can get the text for me? Because they asked, "Isn't this the same thing that John McCain said?"

STU: I love this. This is fantastic. This is one of his chief economy, you know, heads in the administration. Romer said that

When the president says he's focusing on fundamentals, what he means is, is we're focusing on, on fixing the fundamentals; that we've always said we're not looking at the ups and downs of the stock market, we're looking for those crucial indicators: When are jobs turning around, when are sales turning around, when do we see consumers coming to life? That's the kind of thing that--certainly that I'm looking at. But isn't that the same thing McCain asked in 2008? Romer said where we are in 2008 is obviously not good. We have a plan in place. I think the fundamentally crucial difference is to make sure you have put in place all the comprehensive programs that will get us back to the fundamentals. The president said in terms of fundamentals we need to make changes. That's why he is focusing on energy, education, getting the budget under control.

GLENN: The budget -- first let me ask you something. Getting education under control, that is a 20-year process. The government has only screwed education up every step of the way. That's a 20-year process. So how is that going to fix the economy by making sure that that little girl's school doesn't shake every time the train goes by? How is that going to fix the economy? We get the basic programs in place. You tell me what program the government has ever created that created wealth. Show me the government program that creates wealth. It doesn't. It doesn't. It destroys wealth. They are not betting on the American worker. They are not betting -- unless it's a union. They are not betting on the entrepreneur. They are not betting on you. They are betting on them and it is a fundamental, it is a fundamental misunderstanding of what America is.

STU: This is absolutely amazing. McCain -- this is what Romer said. The fundamentals are sound in the sense that the American workers are sound, we have good capital stock, we have good technology. That's the Obama advisor. Here's McCain on why he said the fundamentals are strong. The American worker and their innovation, the entrepreneurship, the small business, those are the fundamentals of America and I think they are strong. Those are identical. The only difference is technology instead of innovation. I don't think there's that much difference there.

GLENN: Stock market, didn't he say stock market, the first guy?

STU: No, he said the fundamentals of the economy -- this is his explanation. The fundamentals, the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America and I think they’re strong.

GLENN: And that's McCain? Give me the other guy

STU: This is Romer. Of course fundamentals are sound, Romer said on Meet the Press. In the sense that the American workers are sound, we have good capital stock, we have good technology. We know that temporarily we're in a mess, right? We have seen a huge job loss, we've seen large falls in GDP, certainly in the short run we're in a bad situation. And then McCain: As you know there's been tremendous turmoil in our financial markets in Wall Street.

GLENN: We are trying to give you -- we have the art department tonight working on something. I don't know if we're going to be able to get to it tonight for the 5:00 show. We are trying to show you what a trillion dollars actually looks like if we stacked it up. It's amazing. Absolutely amazing. But we're going to tie it to a new study that is showing that we are going into debt, into such unbelievable debt that by the 2050s, 2060s, we are going to be in the quadrillions, quadrillions. That's a trillion trillion, right, Stu? A thousand trillion? I don't even know, 1,000 trillion. I'm going to show you 1 trillion tonight -- maybe tomorrow. As soon as we get the art department -- it's really, it's -- and we want to make sure it is accurate. So here you have a trillion. 1,000 trillions is a quadrillion and they say that's what we're headed for. You tell me. You tell me how our children pay for that. You tell me the fundamentals of our economy are sound. They're not sound. They are out of their mind. And it's not just the Democrats. It's both of them. Remember, 40% of the earmarks were Republicans. Let's base ourself back onto principles, please. Let's celebrate and learn the Constitution. Let's learn the words of the founders.

It's not as easy as it used to be for billion-dollar entertainment empires like The Walt Disney Company. It would be more streamlined for Disney to produce its major motion pictures in its own backyard. After all, abortion in California is readily available, as well as a protected, cherished right. And since abortion access is critical for movie production, right up there with lighting equipment and craft services, you would think California would be the common-sense choice for location shooting. Alas, even billion-dollar studios must pinch pennies these days. So, in recent years, Disney, among other major Hollywood studios, has been farming out production to backwater Southern lands like Georgia, and even Louisiana. Those states offer more generous tax breaks than Disney's native California. As a result, Georgia for example, played host to much of the shooting for the recent worldwide box office smash Avengers: Endgame.

But now it looks like it's Georgia's endgame. The state recently passed what is known as a "heartbeat" bill – a vicious, anti-woman law that would try to make pregnant women allow their babies to be born and actually live. It's a bridge too far for a major studio like Disney, which was largely built on creating family entertainment. How can Disney possibly go about making quality movies, often aimed at children, without access to unfettered abortion? It's unconscionable. Lack of abortion access makes it nearly impossible to shoot movies. So, what's a major studio to do? Disney might have considered migrating its business to Louisiana, but that state too has now signed a heartbeat bill into law. It's utter madness.

These monstrous anti-abortion bills, coupled with having to live under President Trump, has led Disney to seek a new home for its legendary movie magic. Last week, Disney's CEO, Bob Iger, announced that all future Disney movies will now be filmed on location in the Sub-Saharan African nation of Wakanda.

"Disney and Wakanda are a match made in heaven," Iger told reporters. "Wakanda was, until recently, a secret kingdom, much like our own Magic Kingdom. With this new partnership, we'll not only get to continue our legacy of making movies that parents and children everywhere enjoy together, but we'll get to do so in a safe space that reveres abortion as much as we do."

Wakanda is one of only four African countries (out of 55) that allow unrestricted abortion.

As home to the most advanced technology in the world – and with the planet's highest per-capita concentration of wokeness – Wakanda offers women painless, hassle-free abortion on demand. As the Wakandan health ministry website explains, the complete absence of any white-patriarchal-Judeo-Christian influence allows women in Wakanda to have complete control of their own bodies (with the exception of females who are still fetuses). As winner of the U.N.'s 2018 Golden Forceps award (the U.N.'s highest abortion honor) Wakanda continues its glowing record on abortion. That makes it an ideal location for Disney's next round of live-action remakes of its own animated movies in which the company plans to remove all male characters.

Iger says he hopes to convince Wakandan leadership to share their top-secret vibranium-based abortion procedure technology so that American women can enjoy the same convenient, spa-like abortion treatment that Wakandan women have enjoyed for years.

Wakanda is one of only four African countries (out of 55) that allow unrestricted abortion. Disney plans to boycott and/or retaliate against the other 51 African nations, as well as any U.S. states, that restrict abortion. Specific plans are being kept under wraps, but sources say Disney's potential retaliation may include beaming Beverly Hills Chihuahua into the offending territories on a continuous, indefinite loop.

When asked how Wakanda's futuristic capital city and distinctly African landscape would be able to double for American movie locations, Iger said, "I guess America will just have to look more like Wakanda from now on."

One potential wrinkle for the Left-leaning studio is the fact that Wakanda has an impenetrable border wall-shield-thing designed to keep out foreign invaders as well as illegal immigrants. Iger said he understands Wakanda's policy of exclusivity, adding, "After all, not everyone gets into Disneyland. You have to have a ticket to get in. Anyone is welcome, but you have to go through the process of getting a ticket." When one reporter pointed out that Iger's answer sounded like the conservative argument for legal immigration under the rule of law, Iger insisted that the reporter was "a moronic fascist."

What if the unthinkable happens and Florida also enacts its own "heartbeat" law? That would be problematic since Walt Disney World is located in Florida. Iger responded that Disney would "cross that bridge if we get to it" but that the most likely scenario would entail "dismantling Disney World piece-by-piece and relocating it to the actual happiest place on earth – Wakanda." As for whether Disney would ever open character-themed abortion clinics inside its theme parks, Iger remained coy, but said, "Well, it is the place where dreams come true."

With the Wakanda solution, Disney may have found a place where Minnie Mouse can finally follow her heart and have true freedom of choice.

When pressed about the cost of ramping up production in a secretive African kingdom that has no existing moviemaking infrastructure (which could easily end up being much more expensive than simply shooting in California) Iger said, "You can't put a price tag on abortion freedom. Wakanda Forever and Abortion Forever!"

With the Wakanda solution, Disney may have found a place where Minnie Mouse can finally follow her heart and have true freedom of choice. And that will be welcome relief to traditional families all over the world who keep the Walt Disney Company in business.

*Disclaimer: The preceding story is a parody. Bob Iger did not actually say any of the quotes in the story. Neither is Wakanda an actual nation on planet Earth.

"Journeys of Faith with Paula Faris," is a podcast featuring conversations about how faith has guided newsmakers and celebrities through their best and worst times. The Church of Jesus Christ of Latter-Day Saints is a much maligned religion so Glenn joined the podcast and took the time to explain what it means to him and how it changed his life.

From his suicidal days and his battle with drugs and alcohol, it was his wife Tania and his faith that saved him. All his ups and downs have given him the gift of empathy and he says he now understands the "cry for mercy" — something he wishes he'd given out more of over the years.

You can catch the whole podcast on any of the platforms listed below.

- Apple Podcasts
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One of these times I'm going to go on vacation, and I'm just not going to come back. I learn so much on a farm.

You want to know how things work, go spend a summer on a farm. You're having problems with your son or daughter, go spend a summer on a farm.

My son changed. Over two weeks.

Getting him out of bed, getting him to do anything, is like insane. He's a 15-year-old kid. Going all through the normal 15-year-old boy stuff. Getting him on the farm, where he was getting up and actually accomplishing stuff, having to build or mend fences, was amazing. And it changed him.

RELATED: 'Human Wave Theory': Connecting the dots on the strategic attack on our border

Our society does not allow our kids to grow up, ever. I am convinced that our 15-year-olds could be fixing all kinds of stuff. Could be actually really making an impact in a positive way in our society. And what's wrong with our society is, we have gotten away from how things actually work. We're living in this theoretical world. When you're out on a farm, there's no theory here. If it rains, the crops will grow. If it rains too much, the crops won't grow.

If there's no sun, they won't grow. If there's too much sun, they'll shrivel up and die. There's no theory. We were out mending fences. Now, when I say the phrase to you, mending fences, what does that mean? When you think of mending fences, you think of, what?

Coming together. Bringing people together. Repairing arguments.

I've never mended a fence before until I started stringing a fence and I was like, "I ain't doing this anymore! Where is it broken? Can't we just tie a piece of barbed wire together?"

Let's stop talking about building a wall. Because that has all kinds of negative imagery. Mending fences is what we need to do.

That's called mending fences.

And why do you mend fences? So your animals don't get out and start to graze on somebody else's land. When your fence goes down, your cow is now on somebody else's land. And your cow is now eating their food.

We look at the phrase, mending fences as saying, hey. You know, we were both wrong. Mending fences has nothing to do with that.

Mending fences means build a wall. My neighbors and I, we're going to get along fine, as long as my cows don't go and steal their food, or their cows don't come over and steal my cow's food.

We're perfectly neighborly with each other, until one of us needs to mend a fence, because, dude, you got to mend that, because your cows keep coming over and eating my food.

You know what we need to do with Mexico? Mend fences.

Now, that's a phrase. You hear build a wall. That's horrible.

No, no, no. We need to mend fences.

In a farming community, that means putting up an electric fence. That means putting up barbed wire.

So the cows — because the cows will — they'll stick their head through barbed wire. And they'll eat the grass close to the road. Or eat the grass close to the other side of the fence. And they'll get their heads in between those fences. And they can't get out sometimes. Because the grass is always greener on the other side. You look at these damn cows and say turn around, cow — there's plenty of stuff over here.

No. They want the grass on the other side of the fence.

So you mend it.

And if it's really bad, you do what we do. We had to put an electric fence up. Now, imagine putting an electric fence up. That seems pretty radical and expensive.

Does it really work? Does it shock them? What does that feel like to a cow?

The cows hit it once, and then they don't hit it again. They can actually hear the buzz of the electric fence. There's a warning. Don't do it. Don't do it. They hear the current and they hit it once and they're like, "I'm not going to do that again."

So you mend fences, which means, keep your stuff on your side. I like you. We're good neighbors. You keep your stuff on your side and I'll keep my stuff on my side and we'll get together at the town hall and we'll see each other at the grocery store. Because we're good neighbors. But what stops us from fighting is knowing that there is a fence there.

This is my stuff. That's your stuff. But we can still trade and we'll help each other. But let's stop talking about building a wall. Because that has all kinds of negative imagery. Mending fences is what we need to do.

You can have a tough fence. It could be a giant wall. It could be an electric fence. But you need one. And that's how you come together.

The side that's having the problem, mends the fence.

The following is part of an ongoing experiment by Glenn Beck program heartthrob, Stu Burguiere, to begin watching Game of Thrones in its final season, without any previous context. Other than highlights shown in commercials, Stu has never seen a second of Game of Thrones, and has never read a word about its characters or plot lines.

PREVIOUSLY on Game of Thrones: it seems like all the people who hated each other but then started working together, now hate each other again.

WARNING: MAJOR SPOILERS THIS WEEK!

- I think I missed last week's episode, but it's possible the opening credits have just been playing since last week, and I joined at the right time
- Uncle Fester is writing a letter
- Angry Elf is still alive
- Uncle Fester and John Snow(?) are saying their queen doesn't want to eat and shouldn't be left alone
- John Snow doesn't want to be king?
- Queen Blondie has a nice open air balcony with a sweet view
- Angry Elf apparently needs to ask Queen Blondie's permission before doing things, she must have a higher rank
- Uncle Fester burns his letter and hides his ring
- Uncle Fester brought to the beach at night
- Queen Blondie's name is Denarys! (or similar!)
- Uncle Fester sentenced to death by dragon fire breath
- There is some hidden truth about John Snow (maybe he's transitioned?)
- Queen Blondie and John Snow make out because the time immediately after burning a man to death is very romantic
- If some city rings bells, Queen Blondie will stop the attack
- "Next time you fail me, will be the last time you fail me" says Queen Blondie to Angry Elf
- Not a lot of smiling going on in this region
- Angry Elf tries to tell Obi Wan Kenobi a secret, which is difficult because of their height difference
- Frumpy Girl wants to kill Sercy?
- Someone known as the "Stupidest Lannister" is in prison
- Stupid Lannister gets freed by Angry Elf, going to do something to stop a lot of innocent people from dying
- "Tens of thousands of innocent people for one not so innocent dwarf. Seems like a fair trade"
- Angry Elf gives emotional speech to Stupid Lannister who was the only person around who was nice to him as a kid. A little middle school drama.
- Stupid Lannister has gold hand
- Doors to break into castle has disturbing amount of space between them
- 2 big armies stare each other down. At this point, it's important to note that I don't know why they're fighting or who they are
- Queen Love Child of Mick Jagger and Robin Wright makes an appearance
- Dragon versus old times wooden boats proving to be a bit of a mismatch
- Seems like instead of making lots of crossbows, these people should put their resources into dragon development and recruiting
- Dragon proves that my concern about the space between the doors was misplaced
- Unclear why they even bother to send an army when they have the dragon
- Queen Blondie is riding a dragon again. She should spend time making a saddle to make it easier
- Bells in the city ring, which is supposed to stop an attack—even though it's kind of already happened
- My interpretation is the people in the city surrendered, but Queen Blondie kept attacking, killing lots of people for no reason
- This horrifies John Snow and Angry Elf. Queen Blondie has gone dark… not with the hair, but with her murderous tendencies
- Considering all the stabbing and beheading, the dragons flame might be the preferable way to die
- Stupid Lannister is fighting with the lead singer of Coldplay,who apparently swam to safety following near direct hit from dragon
- Stupid Lannister gets himself stabbed
- Queen Mick Jagger/Robin Wright finally figures out she's going to lose and leaves her fancy tower
- Coldplay Lead Singer gets stabbed too. Stupid Lannister's name is possibly Jim Lannister?
- Frumpy Girl contemplates getting revenge on someone, maybe the Queen. Then thanks tall guy named Sandor or maybe Sandle
- Sandle's brother is a guard for the Queen. He kills the Queen's assistant so he can fight Sandle
- Big guard guy looks like Darth Vader without his helmet
- Stupid Lannister has connection Mick Jagger/Robin Wright Queen. She's in a very desperate place, similar to Robin Wright when she married Sean Penn
- Giant Darth Vader without his helmet gets stabbed with long sword, seems to enjoy it
- Again, since the dragon has done all the work, why did they send all these important people into this city?
- Frumpy Girl getting trampled, keeps getting saved at last second, indicating she's an important character
- Giant helmet-free Darth Vader gets stabbed a dozen times or so without dying, so his brother, now without eyes, tackles him off the side of the castle, probably killing them both
- Very dusty with the buildings all collapsing around them. Feels like there could be some fertile ground for the mesothelioma lawyers of the time
- Stupid Lannister and Mick Jagger/Robin Wright Queen escaping in underground tunnel
- Underground tunnel is no longer a tunnel
- Frumpy Girl really mourning lady who helped her up in previous scene
- Everyone is charred, but a horse inexplicably totally fine
- Again, Frumpy must be a big character for all of these nice coincidences to happen to her