Glenn Beck: Even NYT sees trouble


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GLENN:

Did you see, have you read the article on the front page of the New York Times today? I know, Pat, you ‑‑ I know you love to read the New York Times.


 


PAT: Oh, I can't start my day without it, can't start the day.

GLENN: Can you start your day without the New York Times, Stu? I mean, who can, who could possibly get up and start without the New York Times?

STU: They are totally still printing it.

GLENN: Today. So here it is. Monday, November 23rd, 2009, here is the headline in the New York Times. Now, remember ‑‑ and I'd love ‑‑ Stu, because you've been with me for a long time. Dan, you can verify as well. How long have I been saying these specific things and ridiculed for them? Dateline, Washington, from today's front page, A‑1, New York Times. Dateline Washington: The United States government is financing its more than a trillion dollars a year borrowing with IOUs on terms that seem to be too good to be true. But that happy situation, aided by ultra low interest rates, might not last much longer. Treasury officials now face a Trifecta of headaches.

I mean, this could have been written by me.

A mountain of new debt, a balloon of short‑term borrowings that come due in the months ahead.

Do you remember I said look at the treasuries: Nobody's buying long‑term treasuries. Do you remember that? How do we refinance this debt? Short‑term borrowings that come due in the months ahead and interest rates that are sure to climb back to normal as soon as the Federal Reserve decides that the emergency has passed. Even as treasury officials are racing to lock in today's low rates by exchanging short‑term borrowings for long‑term bonds, the government faces a payment shock similar to those that sent legions of overstretched homeowners into default on their mortgages.

I said this on Thursday, those very words: We're creating the housing crisis on a massive governmental scale! With national debt now topping $12 trillion, the White House estimates that the government's tab for servicing the debt will exceed $700 billion a year in 2019, up from $202 billion this year. Even if the annual budget deficit shrinks drastically, it will still be $700 billion a year. Other forecasters say the figure could be much higher. In concrete terms, an additional $500 billion a year in interest would total more than the combined federal budgets this year, education, energy, Homeland Security, and both wars in Iraq and Afghanistan. That is interest only.

The surge in borrowing over the last year or two is widely judged to have been necessary response to the financial crisis and the deep recession, and there is still a raging debate over how aggressively to bring down deficits over the next few years, but there is little doubt that the United States' long term budget crisis is becoming too big to postpone. Americans now have to climb out of two deep holes: Debt‑loaded consumers whose personal wealth shrank, along with the housing and stock prices; and taxpayers whose government debt has doubled in the last two years alone, just as costs tied to benefits for retiring baby boomers are set to explode. The competing demands could deepen political battles over the size and role of government. The tradeoffs between taxes and spending. The choices between helping ‑‑ listen to this: The choices between helping older generations versus younger ones.

Let me read it to you again: The choices between helping older generations versus younger ones. And a bottom ‑‑ continue to Page A‑4. Hang on just a second. And bottom line questions about who should ultimately shoulder the burden. The government is on teaser rates, Robert Bixby, executive director for Concord Coalition, blah, blah‑blah. We're taking out a huge mortgage right now and we won't feel the pain until later. So far the demand for treasury securities from investors and other world governments remains strong enough to hold down the interest rates that the United States has to offer to sell them. Indeed the government paid less interest on its debt this year than 2008, although it added $2 trillion in debt. It goes on and on and on.

Let me give you some perspective. Do you remember, do you remember how much debate we had over the TARP bill, over the stimulus bill, how we screamed that this, we cannot afford this TARP bill. We creamed, we cannot afford the stimulus package. $700,000 ‑‑ $700 billion in stimulus money? For what? What is it going to create? And now we're saying all of that money lost, jobs created, 400 phantom districts! Give you perspective. This is one stimulus bill guaranteed to create zero jobs every single year. It is the interest payment only. That's TARP, or the stimulus bill. Some say could be the healthcare bill. "Only going to cost a trillion dollars." Every single year, for nothing.

The conditions in Afghanistan under the Taliban rule — for Americans, allies, Christians, women and more — continue to deteriorate, and the people there continue to plead that we will not forget them. On the radio program Monday, Glenn Beck gave an emotional update on current evacuation efforts, including the tragic story of one girl — an American passport holder — who was not rescued in time.

"I have a pit in my stomach like I haven't had in a while. What is happening in Afghanistan is both miraculous and horrendous," Glenn began. "What's going on right now one of the most amazing things I've ever personally witnessed — the evacuation of Americans, those [Afghans] who helped us, Christians that are dying, women that are under incredible conditions. I see things that I can't show you. I see the pleadings from people who are in safe houses, 'Please, don't forget us.' I see what they're being sent by the Taliban.

"If I die today, my entire life will have been worth it for what you have helped get done, in just the last three weeks. You have saved well over 5,000 people," he continued.

Fighting back tears, Glenn added, "I ask that you pray for those in the Middle East, that are in the midst of doing work, that a Moses-style miracle will happen. ... There are several people that are in dire need of medical care. Friday, we told you — along with the congressman from Oklahoma [Rep. Markwayne Mullin] who had just returned — [about] a father and two daughters that were blue passport Americans, and a mother who had a permanent residence, a Green Card. The daughter was very ill. And they thought, that if we couldn't get her out of there, that she would lose her legs. I got a call on Saturday morning, that we were too late, that she didn't lose her legs. She lost her life, waiting. There are now two Americans, instead of three."

Glenn showered his audience with gratitude, repeating that "well over 5000" lives have already been saved because of their incredible generosity, but lamented that there are still thousands more people yet to be saved.

Watch the video clip below to hear more updates from Glenn:

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To donate to these rescue efforts, visit NazareneFund.org or MercuryOne.org.

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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.

Megyn Kelly pulled her sons out of the private elementary school they attended after she learned that the boys were asked "weekly" if they were still sure they were boys. But that's not all that this "experimental transgender education program" taught.

Megyn joined Glenn Beck on the radio program to tell the story, which she thought had ended when the school apologized, and to talk about what's next for America as our leaders refuse to promote actual psychological support for our kids and instead "parade" transgenderism as the solution to their problems.

"When [my son] was in third grade, I found out they unleashed a three-week experimental transgender education program on these boys, with really inappropriate videos. The kids were confused. These are 8- and 9-year-olds, Glenn. They have no idea what the school is even talking about with the trans thing. They got really in-depth, with really in-your-face videos — and then parents complained. And the school did something it hasn't done in its 400-year history, which was they apologized. Even they realized they had done wrong," Megyn explained.

"But, then I said to my son a year later, so did they ever round back to the trans thing? Like, whatever happened with it? And he said ... they bring it up every week. ... [They ask] how many people here still feel confident that they're a boy? Do you still feel sure you're a boy?" she continued. "This is not support. This is not nonbullying. This is indoctrination. And it's deeply confusing to the children, and wrong."

Megyn went on to give examples of how she's seen trans ideology turn "support, nonbullying, kindness, friendship, allyship, on its head."

"The absolute surrender of the medical community to this insanity is a scourge on this nation. It's disgusting what is happening with our doctors," she added. "There are people who are legitimately transgender, or who have gender dysphoria. And for those people, we should be supportive and they should get the care that they need. But what we've done instead, is taken everyone who expresses any kind of gender confusion and said, you're trans. You're trans. And we have our psychiatrists doing this."

"It's crazy," Megyn asserted. "The fact that we're doing this so willy-nilly in the name of allyship and support, it's abusive. It's criminal."

Watch the video clip below to catch more of the conversation:

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.

"Never forget" is not only a tribute to those we've lost, it's a warning that it could happen AGAIN. On "Glenn TV" Wednesday, Glenn Beck looks back 20 years ago to the modern generation's Pearl Harbor moment. A day of infamy we're STILL feeling repercussions from.

But in remembering 9/11, we need to look toward the future because the Biden administration is setting us up for the NEXT 9/11. They bungled the Afghanistan withdrawal, and now we have video of top al Qaeda commanders — who served with Osama bin Laden — returning to the country. But could America survive another terror attack?

Glenn asks former NYC Mayor Rudy Giuliani, the leader who brought America back from the brink. He tells Glenn about the moment he learned the Twin Towers were struck, the actions he took to prevent more terrorism, and if he thinks NYC could survive another attack under Mayor de Blasio's leadership.

Glenn is also joined by Rev. Johnnie Moore, author of "The Next Jihad." He warns that Biden's policies in the Middle East are Obama 2.0, and "if you thought ISIS was bad, you haven't seen anything yet. We must keep our eyes on Iran."

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.