Where America stands today

Dear family and friends,


 


 I don’t like being the bearer of bad news.  It’s difficult for me emotionally and mentally to continually bring the message that ‘bad times are coming’ and I know you’re growing tired of continually hearing the message of ‘prepare, prepare, prepare.’  There are times when I wish I could see the ‘green shoots’ that Ben Bernanke says are sprouting up or agree that the Obama Administration has “rescued the economy from the worst recession ever.


 


 But I have to tell you how I see the world.  I’m not an economist or banker and I could be wrong, but I don’t see ‘green shoots’ or long-term stability for America right now.  On September 18, 2007 when the Dow Jones Industrial Average was at 13,403 and unemployment was at 4.6% and the ‘experts’ were telling you good times were ahead I had to tell you that, “We are absolutely heading in for a recession.  It is unstoppable…”


 


 I wish I could tell you I see better times ahead but I don’t.  Here’s a summary of where we are today.


 


 On the Domestic Front


 


 Now, the DJIA stand at 9093, the official unemployment rate has hit 9.5% with non-government economists suggesting that the real unemployment rate is closer to 20% with over half-a-million Americans filing initial jobless claims a week.  Unbelievably, the same ‘experts’ that missed the near-collapse of the global financial system are telling us about ‘green shoots’ and more good economic times ahead while are banks remain basically insolvent despite having received hundreds of billions of dollars in taxpayer money and continue to fail without the infusion of taxpayer cash.


 


 The 6.7 trillion dollar commercial real estate market faces hard-times with Wells Fargo reporting a 69% jump in non-performing commercial loans between the first and second quarters of this year.  Commercial real estate prices are down 35% from their 2007 peak.  Even that great optimist Ben Bernanke was forced to concede that the market for securities backed by commercial mortgages remains “completely shut down.”  On the residential front a massive wave of optional adjustable mortgages are coming and the vast majority of these option ARMs are set to re-finance in 2010 and 2011.


 


 The eighth largest economy in the world—which would be the state of California—has been paying its bills with worthless pieces of paper (no, not the US Dollar, but IOUs) that are so worthless that even our insolvent banks won’t accept them.  And while the good people of California continued to work hard the politicians there spent their time debating whether or not cow tails should be removed from cows.  The politicians worked out a grand solution to their money problems that include letting the sea otters keep their trust fund, sending 26000 prisoners home 20 months early and authorizes the California state government to “forcibly borrow” money from the county and city governments.


 


 It gets better.  The California public pension system director has now come out and said (apparently with a straight face) that he wants to make riskier investments in order to make up for the 23% loss it recently sustained.  So, if I understand his thinking, the more you lose on risky investments the more money you should invest in even riskier investments—he’s got to get together with Joe “we have to spend money to keep from going bankrupt” Biden—that would be fantastic!


 


 And while California is on the financial ropes the federal government is doing what it does best: taking advantage of their situation by telling state officials that if they close state parks due to budget problems it will seize the land, auction it off or re-sell it to the state.  This land grab isn’t an isolated incident.  Sarah Palin recently warned the American people to “be wary of accepting government largess. It doesn't come free.


 


 ACORN and the SEIU are part of this land grab.  It’s not just a grab for physical land—but for our freedoms and liberties.  These organizations are engaged in a pattern of intimidation and suppression of your rights.


 


 At the national level our political leadership has put their faith in money and not the people.  Both George W. Bush and Barack Obama, at their core, think the American people aren’t ready to make the hard sacrifices so they printed money—lots of it.  The TARP Inspector General has valued the total TARP monetary bailout commitments at 23 TRILLION dollars.


 


 On the International Front


 


 While President Obama is trying to create an atmosphere in order to have an open dialogue with our enemies, Iran continues to make progress building a nuclear bomb with some diplomats saying they could test one within six months which would set-off a nuclear arms race across the Middle East.


 


 And while Obama is eager to have a dialogue with those who would do us harm his administration is ignoring our allies.  Even the leaders of one of our closest allies, Israel, have been forced to discuss and plan what to do if Obama halts or reduces US military aid to their country.


 


 Further east, China has gone from giving vague and cloaked answers about their support for our bonds to having their highest officials publicly call for a new reserve currency to replace the US dollar as the financial global backbone and our economic and military competitors Russia, Brazil and India were quick to endorse the idea.


 


 Closer to home Venezuela is continuing their military build-up by doubling the number of existing tank battalions and following through on its purchase from Russia of 100,000 combat rifles, 24 top-of-the-line fighter-bombers, and 50 helicopters and is using this power to assist Iran and Hezbollah operations in South America.  Meanwhile, Mexico continues to struggle against narco-terrorist organizations that seem to have the Mexican military out-manned and out-gunned as they struggle to end their reign of drugs and terror.


 


 The Obama Administration’s response to these events is to continue the Bush Administration approach of “ignore them and maybe they’ll go away.”  Adding insult to national security is that while our government has found $1,900,000 for the Pleasure Beach water taxi service project and another $4.2 billion for 341 other pork projects there’s apparently no money for border security and that’s why our politicians have actually requested VOLUNTEERS from the National Guard to serve on the border.


 


 Our Politicians Continue to play Politics While the Country Teeters


 


 So while our economic, domestic and international problems mount what are our politicians doing?  Right here in New York City our billionaire mayor, Michael Bloomberg, worked on passing a law to prevent YOU from idling YOUR car while his SUV idles 40 MINUTES at a time throughout the day.


 


 Mayor Bloomberg joins a growing list of hypocrites and elitists who firmly believe they are entitled to live one way while forcing you and your family to live by another more restrictive set of rules.  Michelle Obama preaches thrift and cutting-back while wearing $500 sneakers at a food-bank and quipped that $600 wasn’t really a lot of money and could easily be spent on a pair of earrings; Barack Obama, Harry Reid and Nancy Pelosi are working overtime trying to force government health care down our collective throats while absolutely refusing to commit to adopt that same health care plan for themselves and their families; and Al Gore and the green movement ilk continue to make billions by forcing us to change our light bulbs and compel us to bring toxic mercury into our homes. And Charlie Rangel pushes for higher taxes while refusing to pay what he owes.  Our youth are ‘educated’ through the propaganda of Americorps and ‘tolerance camps’ that this type of elitist behavior is good and that its okay for ‘them’ to live by a different set of rules than the ‘small people’ have to follow.


 


 Not only are we losing our freedoms we seem to be in a race to do it.  The TARP bill under Bush was a “must have rush bill”, the stimulus bill under Obama was a “rush”, the cap-and-trade bill “had to get passed” quickly and the health care bill originally had to be passed out of both chambers of congress before the end of August.  Why?  It took the Obama family three months to select the family dog—but the restructuring and rebuilding of America has to take place over one summer?


 


 In short, politicians continue to play politics.  We have a health care bill that would socialize 15-20% of our economy and add another trillion dollars to our national debt—and what are our politicians focused on?  The Republicans are looking to defeat the bill—not based on conservative principles—but to make this Obama’s Waterloo.  And Obama’s pushing to pass the bill—not based on a debate involving the benefits of his proposal—but because failure to pass it would “destroy my presidency.”


 


 Conclusion


 


 Our politicians continue to give us a weak anti-biotic when major surgery is required.  The anti-biotic will temporarily mask our symptoms but will not address our underlying pathology and condition.  In the end the meager dose of medicine we receive will actually make us worse by making our system immune and luring us into a false sense of security when we need to have all our senses heightened to the dangers and threats lurking around us.


 


 Today, I wanted to show you where our country really is.  We live in perilous times and we ourselves are in a perilous condition.  We will have a period of stability where it looks like things are going well and it looks like we’ll have turned the corner on our problems.  Remember, until fundamental changes are made any period of stability will be temporary.  Tomorrow, I want to write a bit about how other countries, faced with similar challenges and problems dealt with those circumstances and whether they were successful in meeting those challenges.


 


 We will meet those challenges but it will take commitment and a lot of work from us.


 


 Stay strong,


 


 glenn

In a shocking but underreported conversation ahead of the G7 Speakers' meeting in London last week, Democratic House Speaker Nancy Pelosi admitted that the administration knows China is committing "genocide" against the Uyghurs in the Xinjiang region, but thinks working with the regime on climate change is more important.

On the radio program, an outraged Glenn Beck dissected Pelosi's speech and broke down how — along with the Biden administration's abandonment of Americans in Afghanistan, and the Democrat decision to follow measures of medical "equity" — the far left is revealing how little they really care about human life.

Glenn played a video clip of Pelosi making the following statement:

We've always felt connected to China, but with their military aggression in the South China Sea, with their continuation of genocide with the Uyghurs in Xinjiang province there, with their violation of the cultural, linguistic, religious priority of Tibet, with their suppression of democracy in Hong Kong and other parts of China, as well – they're just getting worse in terms of suppression, and freedom of speech. So, human rights, security, economically [sic].

Having said all of that ... we have to work together on climate. Climate is an overriding issue and China is the leading emitter in the world, the U.S. too and developed world too, but we must work together.

"We have Nancy Pelosi admitting the United States of America knows that they're not only committing [genocide], they're continuing to commit it. Which means, we've known for a while," Glenn noted. "And what does she say? She goes on to say, yes, they're committing genocide against the Uyghurs, but having said that, I'm quoting, 'the overriding issue,' is working together on climate change.

"Would we have worked with Hitler on climate change? Would we have worked with Hitler on developing the bomb? Would we have worked with Hitler on developing the Autobahn? Would we have worked with Hitler on his socialized medicine? Would we have worked with Hitler on any of his national, socialist ideas?" he asked.

"The answer is no. No. When you're committing genocide, no! She said 'we have to work together on climate,' because climate is the 'overriding issue.' The overriding issue? There is no way to describe this mindset. That, yes, they are killing an entire group of people because of their ethnicity or religion. They are systematically rounding them up, using them for slave labor, and killing them, using their organs and selling them on the open market. They are nothing more than cattle. For us to recognize it and do nothing about it is bad enough. But to say, 'we recognize it, but we have bigger things to talk to them about,' is a horror show."

Glenn went on to urge Americans to "stand up together in love, peace, and harmony," or risk watching our nation become the worst plague on human life yet.

Watch the video clip below to hear more from Glenn:


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.

The fall of Lehman Brothers in 2008 marked the largest bankruptcy filing in U.S. history and economic collapse was felt throughout the world. But now China's own version of Lehman Brothers, Evergrande, is teetering closer and closer to that edge, too. On the radio program Thursday, Glenn Beck gave the latest update and predicted how it will affect Asian markets and what it could mean for America's economy.

Glenn explained why he believes a major collapse that is happening now in China will have a cascading effect into a "controlled collapse," a managed decline that will dramatically change America's economy and the way we all live.

"You will not recognize your lifestyle. Hear me," Glenn warned. "And that's not a right-left thing. That's a right-wrong thing. We're on the wrong track. I'm telling you now, there's new information and you are not going to recognize the American lifestyle. ... It could happen tomorrow. It could happen in five years from now, but it will happen. We are headed for a very different country. One where you don't have the rights that you have. And you certainly don't have the economic privileges that Americans are used to."

"The same thing that happened in 2008 is now happening in China," Glenn continued. "This time, it's going to take everything down. When it collapses, it will take everything down."

Watch the video below to hear Glenn break down the details:

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.

Justin Haskins, editorial director of the Heartland Institute, joined Glenn Beck on the radio program to expose a shocking conversation between two Great Reset proponents — Klaus Schwab, chairman of the World Economic Forum, and Christine Lagarde, president of the European Central Bank (Europe's equivalent to the Fed).

The way Schwab and Lagarde discuss the role central banks should play in establishing societal norms, determining your way of life, and defending against potential crisis is proof that the Great Reset is upon us, Justin explained. And the scariest part is that they're not even trying to hide it. The entire, unbelievable conversation has been published on the WEF website, which you can read here.

Glenn read an excerpt from the conversation:

Christine Lagarde: At the ECB, we have now wrapped up and concluded our strategy review, which was the first one in 17 years. And I was blessed to have an entire Governing Council unanimously agree that the fight against climate change should be one of the considerations that we take when we determine monetary policy. So at least the European Central Bank is of the view that climate change is an important component in order to decide on monetary policy. ...

Can we arrive at that trade-off between fighting climate change, preserving biodiversity and yet securing enough growth to respond to legitimate demands of the population? And my first answer, Klaus, to be firm, is that to have a way of life, we need life. And in the medium term, we do have major threats on the horizon that could cause the death of hundreds of thousands of people. So we have to think life, first. We have to think way of life, second. ...

So we have to think life, first. We have to think way of life, second. How can we come together to make sure that we secure the first priority, which is life, and also protect the way of life that people have? And make sure that the cost of it is not so high for some people, that they just cannot tolerate it. I think that the trade-off that we reach will probably require some redistribution, because it is clear that the most exposed people, the less privileged people are those that are going to need some help.

"Do you understand, America, what that means?" Glenn exclaimed. "You have elites, that you never elected, that are having these meetings ... deciding what is a legitimate need for you. And telling you that your needs are going to go away in your lifetime. You may not see a time where you get wants again. Just your needs are going to be addressed. Am I reading this wrong?"

"This is absolutely what is being said here," Justin agreed. "She's very clear that we need to make sure that way of life is second to life. We have to save all these people, hundreds of thousands of people are going to die from this supposedly existential threat of climate change. And their wants, and their desires, and their quality of living, all of that has to come second."

"This is a central bank saying this. This is not an elected official, who is accountable directly to the people. This is a central bank saying, we're going to print money. We're going to use monetary policy, to impose these ideas, to rework society in order to accomplish our goals," Justin added, addressing Lagarde's call for "some redistribution."

Will Great Reset elites — not elected by the U.S. — soon be dictating to the rest of the world? Watch the video clip below to hear Glenn and Justin break it down:

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.

First comes the "crisis," then comes the expansion. The federal government is seizing on the January 6 Capitol riot to take carte blanche to do whatever it wants and weaponize the event to further empower the new overlords of our country — the intelligence community.

On Glenn TV Wednesday, Glenn Beck reveals what's happening with the U.S. Capitol Police and argues they've morphed into a new arm of the intelligence apparatus, boosted by a massive increase in funding and surveillance equipment and new offices OUTSIDE the Capitol building. The Biden administration has also hidden basic details regarding January 6. Why did officials refuse to release the name of the officer who killed Ashli Babbitt? Where are the 14,000-plus hours of CCTV footage? As any intelligence organization knows, it's best to operate outside the realms of oversight.

Glenn exposes the hidden hand of government that could be used to punish and destroy innocent Americans who are only guilty of holding the "wrong" political view.

Watch the full episode of "Glenn TV" below:

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.