by Glenn Beck
GLENN: Try this one. If you look now at the world economic forum, they have just released a report. While Nancy Pelosi is saying we need a second stimulus, Nancy Pelosi, a progressive, says we need a second stimulus at a time that the world is saying the United States is spending too much money. What does the world economic forum, where do they place, out of the top 50, where do they place the stability of the U.S. currency, out of all of the currencies ‑‑ now let me get the, let me get the top 10 here. And you tell me. Who do you think is ‑‑ who do you think is number one, Stu, in currency stability?
PAT: Are you talking to Stu or are you talking to me?
GLENN: Stu around?
STU: Number one in currency stability?
GLENN: Yeah. The top 20 economies, financial stability. Top 20 economies, number one?
PAT: Stability ‑‑
PAT: I'll say China.
GLENN: No. Norway. China is ‑‑ China's not on top 20.
PAT: Yeah, I'll go with Norway, I guess.
GLENN: Number 2 is Switzerland. Number 3 is Hong Kong. Number 4 is Chile. Number 5 is Singapore. Number 6 is Saudi Arabia. Number 7, Canada. Number 8, Kuwait. Number 9, Australia. Number 10, Germany. These are currency stability. This is the top 20.
GLENN: Canada, financial stability. Financial stability.
PAT: Do you remember, though, what used to happen to a Canadian dollar or if you got a Canadian quarter? I mean, for those who live in the northern tier of the country.
GLENN: Of the country.
PAT: You know how awful it is if you ever got a Canadian anything, okay? It was like, this is worthless; I can't do anything with this. Because it was, what, one third of the U.S. dollar at one time?
GLENN: We have, let's see, Germany number 10. Do we get in ‑‑ are we number 15? Finland is number 11. France is number 12. Malaysia, 13. Mexico ‑‑
PAT: You've got to be kidding me.
GLENN: Financial stability, top 20 economies, financial stability, Mexico 14. 15 Brazil. 16, Czech Republic. The Czech Republic. United Arab Emirates. Sweden, number 18. 19, Denmark. The Slovak Republic is number 20. Here we go. Overall financial stability for the United States of America, overall financial stability placing now number 38. Currency stability, the United States places now 50th.
PAT: We're last.
GLENN: 50th. Banking stability, number 36. Our currency is the fifth ‑‑ we are the global currency, the global world standard and we are now ranked at number 50, five‑zero. And you expect that to last? Who are you kidding? Now, when the movers and shakers see the world economic forum come out with a report that says our currency is number five‑zero in the world, 50th in the world, if you hold a lot of dollars, what do you think you're going to do with them? If you see that our overall financial stability is 38, what are you going to do? If you think our banking stability is now, you see that the world economic forum places it at 36th, what do you think you're going to do? Don't you see what's happening? And at the same time all of these cases from these global organizations are moving in the opposite direction and saying bad America, bad America. What is our Nobel Prize winner doing? Our Nobel Prize winner is learning to spend even more money. They are now looking at a second stimulus package... for what? Well, one of the things they would like to look at is they would like to look at, you know, being able, being able to go back and look at the last five years or maybe seven years for companies that have been struggling and been losing money, give them a tax break for those companies that have been losing money. Let them say, "Well, I've got to claim, you know, the losses that I had six years ago." Here's an idea. What do you say that we start giving tax breaks to producers? What do you say we start giving tax breaks to people who are actually making a difference and hiring people? What do you say we give a tax break to, oh, I don't know, everybody, and stop spending money? Top printing money. Stop spending money. Yes, I know what that means. There are people right now in their car who are financial quote/unquote geniuses who are still telling everybody to stay in the market when it was at 13,000, stay in the market when it was at 12,000, stay in the market when it was 10,000, all the way down to 7500: Stay in the market, stay in the market, stay in the market. Yeah, well, thank you for your help, genius.
Now, these same geniuses are telling you don't worry about the economic stability of the United States of America; it will turn around, don't worry about the stability of the dollar; it will turn around. It will not turn around. You know why it won't turn around? Because the people in Washington and the people in the globe don't want it to turn around. So what do you do?
PAT: Sorry, Glenn, breaking news. We've got to go to Stu Burguiere in New York City.
STU: What an amazing day. Pat, thank you so much. This is absolutely incredible. Glenn Beck has just been awarded an MTV video music award for ‑‑
GLENN: I haven't made ‑‑ wait. I haven't made a music ‑‑
STU: For best female artist, which is ‑‑
GLENN: I'm male.
STU: Which is absolutely incredible. There was an incident, though, that happened as Kanye West came on stage and took the mic away and said that he believed Pat Gray deserved the award saying that he was the best female ever. But either way ‑‑
PAT: I'm not sure how I feel about that.
GLENN: Who would ever wear a T‑shirt that says Kanye is right? Nobody.
STU: Can you even imagine that?
PAT: Let's review this morning. So so far Glenn has received the valedictorian award for Harvard.
PAT: Cambridge, Oscar for best movie not yet made.
PAT: The Lifetime Achievement Award Oscar, right?
STU: Yep, also ‑‑ go ahead.
PAT: Astronauts Hall of Fame.
STU: The Astronauts Hall of Fame, yep.
STU: Yep, the 2016 Olympics.
GLENN: He's been awarded the 2016 Olympics for his backyard?
STU: Right. And then we did have a caller who won the best Latin crossover remix album for Grammy awards and also someone else won a daytime Emmy for steamiest love scene in a soap opera.
GLENN: Wow that's incredible, that's great.
PAT: I believe the only thing you can say about all of this is...