Glenn Beck: Why we lose the War Game with China

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GLENN: I said this morning we were in an early morning meeting and I'm walking to work with Joe, one of my researchers, and we're talking about things and I have been telling you for a while about China. There's been something wrong with China and the IMF. I don't know, I said this just yesterday, but I have been working on something for the last couple of weeks and as you know, if you listen to this program, you know that things stick out. They're inconsistent and something there's always just a thread and something's wrong here. Something's wrong. The IMF, a few weeks ago, decided they wanted to sell all of their gold, so they wanted to sell all of their gold. They're the third largest gold reserve in the world. Well, why would the IMF want to sell all of their gold?

That's an asset. Didn't make sense to me. I started looking at it because it didn't make sense to me and what does that mean?

How much gold did they have?

How much would that actually make the price of gold go down if they sold it. Well, something didn't seem right because the IMF can't sell it unless we say it's okay. A couple of things have happened since we started looking into this. We found that, yes, we do have the veto power. IMF can't sell it and why I was concerned is because if they sell their gold what do you buy gold with?

If you're China and by the way, that was the next step we found, China asked them to sell their gold. Well, how would China buy that gold?

They would buy that gold with U.S. currency. Not the Yen. They buy it with U.S. currency. Where would they get that currency?

Out of the trillion dollars that they have sitting in their reserve. That's their gold standard, our currency. We violated it. They know we're not good for the money. So they're taking their currency, U.S. currency and they want to buy up gold. Veto power, guess who's on the bandwagon to allow the IMF to sell the gold?

Found this out last night, Barney Frank. Barney Frank is leading a campaign now to allow the IMF to sell that gold. This morning, as I'm walking to work I said to Joe, Joe, this is what I would do if I were China. If I were China because there was another story in the paper today about our U.S. Treasuries. The Federal Reserve bank remember I told you we were now monetizing our own debt?

We were buying our own debt, we were buying it through the treasury, I'm sorry, through the fed. The fed said we'll buy it and you give us an IOU. You print the money and give it to us. We'll buy your debt, okay. We're monetizing our own debt. Well, it come out in the paper that now the Federal Reserve, which we can't really see their books, the Federal Reserve has bought $100 billion of our debt. They're about to spend another $200 billion of our debt. So we have now our debt not being sold to China, nobody will buy the 30 year treasury, nobody. We can't sell these things. So we're buying our own treasury. We're buying our own bonds. We're buying because the rest of the world won't. China has slowed dramatically down so I said, you know, if I were China, if I looked at this as my business, this is my this is my life. This is my family's money, and I had all this money invested in a company that I thought was going to go down but I was one of their biggest shareholders and I didn't want to spook the market, here's what I would do, I would I would slow down my buying of that company's stock. I wouldn't shut it all off because I wouldn't want people to say, oh, my gosh, they stopped buying the stock. I just slow it way down, and I would say, look, I'm concerned. And I'm still buying some but I'm concerned about it. Then I would start taking some of the assets that I had from that company and I would start trading that which is our currency they hold. I would start taking that currency and I would say, hey, you've got any commodities over there. Why don't I buy some gold?

Can I buy some of your gold buying up gold mines, they're buying up commodities, the raw commodities like nobody's business of how much they bought in the last eight months. What are they buying?

They're buying it with our reserve currency. So they're slowly getting rid of our reserve currency. As soon as I got rid of the reserve currency, then I would start slowly getting out of the bonds. Well, what does that mean?

It means that giant inflation would come because our dollar would no longer be - there would be too many dollars from China and nobody would be buying the bonds. This is what I laid out this morning and then I find a story about a new war game that has just been done. This time, the Pentagon didn't do it with bullets, they did it with money. We lost and we lost to China. How did we lose? We lost the war game because the winning side was China. We lost the war game, it was an economic war game done by the federal government. What did they do?

Slowly sell assets of the United States and buy commodities. Exactly what they're doing.

Time after time, Americans have taken to the streets to defend our constitutional rights, whether it was our livelihood at stake -- or our lives. But, what was the point of all the civil rights movements that came before, if we're about to let the government take our rights away now?

On his Wednesday night special, Glenn Beck argued that Americans are tired of having our rights trampled by "tyrannical" leaders from state and local governments who are ignoring our unalienable rights during this pandemic.

"Our nanny state has gone too far. The men and women in office -- the ones closest to our communities, our towns, our cities -- are now taking advantage of our fear," Glenn said. "Like our brothers and sisters of the past, we need to start making the decisions that will put our destiny, and our children's destiny, back into our hands."

It took less than two months of the coronavirus tyranny to make America unrecognizable, but some Americans are fighting back, risking losing their jobs and businesses or even jail time, as they battle to take back our civil rights.

Here are just a few of their stories:

After New Jersey's Atilis Gym reopened in defiance of the governor's executive order, the Department of Health shut them down for "posing a threat to the public health." Co-owner Ian Smith says somebody sabotaged the gym's toilets with enire rolls of paper to create the public health "threat."

Oregon Salon owner, Lindsey Graham, was fined $14 thousand for reopening. She said she was visited by numerous government organizations, including Child Protective Services, in what she believes are bullying tactics straight from the governor's office.

77-year-old Michigan barber, Karl Manke, refused to close his shop even when facing arrest. "I couldn't go another 30 days without an income," he said. But when local police refused to arrest him, Gov. Gretchen Whitmer's (D) office suspending his business license instead.

Port of Seattle police officer Greg Anderson was suspended after he spoke out against enforcing what he called "tyrannical orders" imposed amid coronavirus lockdowns.

Kentucky mother-of-seven, Mary Sabbatino, found herself under investigation for alleged child abuse after breaking social distancing rules at a bank. After a social worker from child protective services determined there was no sign of abuse, he still sought to investigate why the Sabbatino's are homeschooling, and how they can give "adequate attention to that many children."

Dallas salon owner Shelley Luther was sentenced to seven days in jail after she defied the state-mandated stay-at-home orders to reopen her business.

Watch the video clip from Glenn's special below:

Watch the full special on BlazeTV YouTube here.

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It took less than two months of the coronavirus tyranny to make America unrecognizable. Leaders from state and local governments across the U.S. have flattened the curve of some of our most basic constitutional rights, but some Americans are fighting back — and risking jail time or losing their businesses.

On Wednesday night's GBTV special, Glenn Beck argued that we're witnessing the birth of a new civil rights movement — and it's time to build a coalition of common sense to keep America as we know it free.

Watch the full special 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 multiplatform network of voices who love America, defend the Constitution and live the American dream.

On the radio program Thursday, Glenn Beck sat down with chief researcher Jason Buttrill to go over two bombshell developments that have recently come to light regarding former Vice President Joe Biden's role in the 2016 dismissal of Ukrainian Prosecutor General Viktor Shokin.

"Wow! Two huge stories dropped within about 24 hours of each other," Jason began. He went on to explain that a court ruling in Ukraine has just prompted an "actual criminal investigation against Joe Biden in Ukraine."

This stunning development coincided with the release of leaked phone conversations, which took place in late 2015 and early 2016, allegedly among then-Vice President Biden, Secretary of State John Kerry, and Ukraine's former President Petro Poroshenko.

One of the audiotapes seems to confirm allegations of a quid pro quo between Biden and Poroshenko, with the later admitting that he asked Shokin to resign despite having no evidence of him "doing anything wrong" in exchange for a $1 billion loan guarantee.

"Poroshenko said, 'despite the fact that we didn't have any corruption charges on [Shokin], and we don't have any information about him doing something wrong, I asked him to resign,'" Jason explained. "But none of the Western media is pointing this out."

Watch the video below for more details:

Listen to the released audiotapes in full 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 multiplatform network of voices who love America, defend the Constitution and live the American dream.

A recently declassified email, written by former National Security Adviser Susan Rice and sent herself on the day of President Donald Trump's inauguration, reveals the players involved in the origins of the Trump-Russia probe and "unmasking" of then-incoming National Security Adviser, Gen. Michael Flynn.

Rice's email details a meeting in the Oval Office on Jan 5, 2017, which included herself, former FBI Director James Comey, former Deputy Attorney General Sally Yates, former Vice President Joe Biden, and former President Barack Obama. Acting Director of National Intelligence, Richard Grenell, fully declassified the email recently amid President Trump's repeated references to "Obamagate" and claims that Obama "used his last weeks in office to target incoming officials and sabotage the new administration."

On Glenn Beck's Wednesday night special, Glenn broke down the details of Rice's email and discussed what they reveal about the Obama administration officials involved in the Russia investigation's origins.

Watch the video clip below: