Geithner pressed by...David Gregory?


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Tim Geithner on Meet the Press

PAT: What did Tim say?

STU: Well, I believe as Glenn pointed out yesterday, scattered showers of journalism

PAT: Yes.

STU: have been appearing all over.

PAT: It's kind of weird.

STU: And I believe David Gregory might fit in here. He pressed Tim Geithner pretty hard.

PAT: Wait a minute. David Gregory broke out into a scattered shower of journalism?

STU: Yes. It's shocking.

PAT: Wow.

STU: It's absolutely stunning.

PAT: It is.

STU: This is audio from Meet the Press this weekend.

GREGORY: Could you have had more impact if more of that money were paid out? You still have about $500 billion of the stimulus that has not been paid out yet? How long will it take to get paid out?

GEITHNER: Actually again it was designed to pay out over two years because we knew it was going to take a long time to repair the damage we started with earlier this year. So it was designed to pay out over this period of time and I think it's actually delivering better results sooner than we would expect. I think we

STU: Stop for a second. It's Pat, I don't know if you heard that. Better results sooner than they would have expected.

PAT: Better results. And even sooner than they would have expected.

STU: Right. So what is the first thing that pops into your mind?

PAT: For the better results?

STU: For the better results than they may have expected sooner.

PAT: Well, 10% unemployment springs immediately to mind.

STU: I think everyone who's watching it says, hey, dude, you had that graph you showed us where unemployment didn't go over 8% and it didn't go over 9% even if they did nothing.

PAT: We had to pass it in the next 15 minutes.

STU: Right.

PAT: Or unemployment could conceivably be 8%.

STU: And we all saw that thing.

PAT: Yeah.

STU: We were there, and we saw it on TV and on the Internet. We know what you expected. You told us in advance what you expected. But you're watching David Gregory. You are probably not thinking he would ring such a thing up. Am I correct?

STU: You are correct.

PAT: Listen in.

GEITHNER: Better results sooner than we would expect. I think we're seeing better outcomes in the financial sector and he economy than any of us would have thought when we sat there with the president in Chicago at the end of last year.

VOICE: Well, but that's not exactly true because the president's seem said you keep unemployment to 8% if you didn't have the stimulus.

GEITHNER: Right, but unemployment is worse than almost everybody expected.

STU: Well

PAT: Well, the unemployment.

STU: It's working better than we expected except for unemployment.

PAT: Except for nobody has a job. Okay, other than that.

STU: The economy is literally a dream world, where milk shake waterfalls are all over the place. You could just pick up any flower and it's made of candy.

PAT: And to enjoy this marvelous you don't need a job.

STU: No. With the exception of the jobs, then your economy is perfect.

PAT: Perfect.

STU: Luckily money falls from the sky all the time.

PAT: It does. It does.

STU: In new America. All right, this is Clip Number 2 here and I mean, Geithner just keeps going.

VOICE: Let's talk about claims of success about jobs. The White House says 640,000 jobs have been created or saved by the $800 billion stimulus.

STU: Hold on a second. This is interesting because this is their claim. 600,000 jobs have been created by the stimulus so far.

PAT: Or saved.

STU: Sorry, or saved. Created

PAT: You can't forget the saved category because that's an important one.

STU: It's really important. This is the latest breakdown here. If you take the administration at its word, the stimulus package has created 640,329 jobs.

PAT: It's created that many?

STU: Or saved.

PAT: Or saved.

STU: With the $207.3 billion of the stimulus money spent so far, that works out to $323,749 per job.

PAT: Per job? That's created or saved?

STU: Yes. And this is their bragging number. This is the number that no one in their right mind could possibly believe. This is their front page advertising. This is, you know, this is, you're going to lose weight while you sleep. It's the equivalent of that. And it's still that crappy at $323,000 per job.

PAT: So does he push him on that?

STU: He does a little.

PAT: Or is he done?

GREGORY: There are Republicans who say the number is bogus, that it's just PR. John Boehner, leader of the Republicans in the House as you well know circulated a quote from an economist at Carnegie Mellon University and I'll put it up on the screen and you can look at it. One can search economic textbooks forever without finding a concept called jobs saved. It doesn't exist for good reason.

PAT: No way!

GREGORY: How can anyone know that his or her job has been saved? You've got a lot of experience in the economy. Is this PR or fact?

PAT: Wow.

GEITHNER: This is fact.

PAT: This is fact.

GEITHNER: Again, when the president took office, this economy was falling at the rate of 6 1/2% an annual rate per year.

PAT: 700,000 jobs a day.

GEITHNER: Fastest rate in decades.

PAT: Practically a minute.

GEITHNER: We were losing three quarters of a million jobs a month. Now, the pace of job loss has slowed dramatically.

PAT: Nancy Pelosi said 500 million a month.

GEITHNER: The economy's now growing again. It's growing not just because the effects of the Recovery Act. Many people opposed the Recovery Act, said it wasn't going to work. It's working.

PAT: It's working.

GEITHNER: It should produce. The average American has saved almost 35% since the beginning of the year. Interest rate's down

PAT: I can't take it anymore.

GEITHNER: And they are delivering what they are designed to deliver.

STU: There's more journalism coming up.

PAT: Really okay.

GREGORY: How do you measure that?

GEITHNER: It's not something economists recognize as actual fact.

PAT: Wow.

STU: It's not something an economist recognizes as actual fact.

PAT: Have you noticed this scattered shower of journalism started breaking out when Fox News began getting assailed.

STU: Yeah, yeah.

PAT: This started about a month ago when the White House said a month ago Fox News was not a legitimate news service, we don't want them included, we don't want you to think like they do, we don't want you to will follow up on the stories they are following up on. We don't want you to even look at Fox News. And maybe that, maybe that sent a shock wave.

STU: Yeah.

PAT: Through their journalistic sensibilities. Maybe, boy, if we don't act now, we're not going to be able to.

There’s an economic axis of evil taking shape right now, and the people in charge of our government are too stupid to acknowledge and deal with what’s happening. The U.S. dollar and the entire financial system are at stake, and, as Glenn Beck reveals on "Glenn TV" Wednesday, our enemies’ PUBLISHED plans to take the entire thing down.

While all of this is happening, our own leaders are making everything worse. We’ve got Nancy Pelosi risking an international incident, accelerating China’s plans to collapse us. And when Biden SHOULD be focusing on the security of our country, he’s instead preoccupied with controlling the weather with his Inflation "Reduction" Act.

Glenn exposes the TRUE numbers on what that bill will do to your family’s budget. Add to that, they’re more than doubling the IRS to make sure you feel the pain. And if you think they won’t come for you, look at what they just did to the former president of the United States. The DOJ and FBI just went after the political opponent of their boss, Joe Biden.

This is what they are focused on, and the threat to the dollar — and the entire financial system — isn’t even on their radar. Pain is coming for us, and they don’t care one bit.

Watch the full episode 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 multi-platform network of voices who love America, defend the Constitution and live the American dream.

Speaking before signing the “PACT Act of 2022” on Wednesday morning, President Joe Biden claimed that his wonderful economic plan "is working" and that somehow July’s annual inflation rate of 8.5% was actually “zero.”

“I just want to say a number: zero. Today we received news that our economy had 0% inflation in the month of July,” Biden said during a ceremony in the East Room of the White House.

White House press secretary Karine Jean-Pierre dutifully echoed the president's not-at-all misleading claim:

The truth of the matter is that last month's inflation rate of 8.5% was a (small) step in the right direction, but only because it was lower than June's 41-year high of 9.1% — and the thing is, anyone who's graduated kindergarten knows it.

So, who do White House personnel think they're fooling? On the radio program Wednesday, Glenn Beck and producer Stu Burguiere broke down how the Biden administration came to this latest disingenuous conclusion about the economy, what the latest consumer price index actually shows, and why the inevitable Biden brag-fest will be unbearable.

Watch the video clip below. Can't watch? Download the podcast here.

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Glenn Beck: This is the ONLY endgame that makes sense for the FBI’s raid on Trump’s Mar-a-Lago home

(Left) Photo by James Devaney/GC Images (Right) Video screenshot

If you're celebrating this FBI raid on Mar-a-Lago, you have no idea how much this changes things. We don't do this in America. At least, we didn't. But the left cannot have Donald Trump be president again. His "America First" platform goes against everything they've been working for. So, what's their endgame here? On the radio program, Glenn Beck said there's really only one endgame that makes sense — and it should scare us all.

"If you are not for the destruction of America, you better pay attention quickly. This is a massive move," Glenn said of the Mar-a-Lago raid.

"And who has credibility on this? ... The right will believe Donald Trump, but nobody on the left, so you're not going to change any minds there. Do you think the right will believe the New York Times? MSNBC? NBC? CBS? Do you think we're going to believe the New York Times — the people who have been carrying water for the Biden crimes? The Clinton crimes? And ... I'm talking about her server and having her own State Department people go into a skiff, which is the top secret room, completely sealed off, going in and getting documents, cutting off 'top secret,' and then emailing them to her on her private server. And nothing? And now you're going to try to convince me [that] this has nothing to do with January 6?" he added.

"Remember the [allegations about] bank servers, [Trump] was pinging a bank? Untrue. Carter Page is a Russian spy? Untrue. Donald Trump is a Russian spy? ... Untrue. Collusion with Russia? Untrue. Ukraine, the perfect phone call? Not true. Not true. Wasn't a perfect phone call. Was not impeachable. The pee tape dossier? None of that was true. Here's why they can't have [Trump] as president of the United States. They can't have him as president of the United States because we are headed towards a completely new, all redesigned, non-capitalist, nonconstitutional Great Reset," Glenn argued. "They cannot have him be president because he is America first."

Glenn warned Americans that our federal government is accumulating massive power, case in point the 87,000 new IRS agents. "Coupled with the [IRS agents] they already have ... that's almost the size of our National Guard. Do you feel comfortable with that? Democrats? You don't think there's a possibility ... that someone ... might come in at some point and weaponize the IRS?"

He also warned that the FBI's raid on Donald Trump’s home has implications that stretch far beyond simple dislike for the former president. So what are they hoping to accomplish?

"What is the endgame? You make him into a martyr by throwing him into jail or killing him ... so you make him stronger? That doesn't make sense. Why would they want that?" Glenn asked. "So, what is their endgame? The only one that makes sense to me, is to stop him at any cost, then lunatics will take to the streets, and then [they] will have [their] evidence that the [right is] more dangerous than anyone could possibly imagine. Please, pray for your country."

Watch the video clip below to hear more from Glenn. Can't watch? Download the podcast here.

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.