Glenn Beck: Even NYT sees trouble

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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.

On the radio program this week, Glenn Beck and Pat Gray discussed a series of recent polls that suggest presidential nominee Joe Biden's expected lead may be slipping with traditionally Democratic voters.

A new poll conducted by the Jewish Electorate Institute shows that two-thirds of Jewish voters still plan to vote for the Biden-Harris ticket in November. However, President Donald Trump's support within the Jewish community is also the highest among any Republican candidate in recent history.

In more bad news for Biden, a CNN poll (yes, CNN) released last month showed growing support for President Trump among black voters in swing states. Meanwhile, his support among Latino voters remains at roughly 33%.

"I don't think it's going to go the way the Democrats hope that it will," Glenn said of the election. "If you look at the groups that the Democrats have carefully fostered ... that's falling apart. If Donald Trump can grow that by 5%, and hurt the Democrats by 5% ... that alone could swing the election."

Watch the video below to catch more of the conversation:

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We're being set up for a civil war. The Left is grooming us for an Eastern European-style revolution this election, and they're not even trying to hide it any more. The playbook for Mainstreet USA is the exact same that has been used in places like Ukraine, initiated by the same people in order to completely upend the American system.

On his Wednesday night special this week, Glenn Beck takes us through a tale of three chalkboards that will connect the dots: the Obama admin in Ukraine, the State Department's relationship with George Soros, Black Lives Matter and Antifa riots, the Great Reset, public school indoctrination, mail-in voting. It all points to something dangerous happening in November if we don't act now.

Watch the full video below:

The only way to watch the extended episode of tonight's show is on BlazeTV. Start your free trial and get $20 off a one-year subscription with code BANTHIS.

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The left has already determined that the wildfires raging across the West Coast were definitely caused by climate change and Big Tech is determined to silence anyone who dares suggest otherwise. Facebook even announced a sweeping policy on Saturday to remove posts that claim the fires were caused by arson from far-left activists.

But on his radio program Wednesday, Glenn Beck revealed multiple arrest records for suspected arsonists in California, Oregon, and Washington — and several of those charged and arrested were also instigators in Black Lives Matter rallies, violent protests, and Antifa riots. He also called out the "news gods" in Big Tech, daring them to try to censor his video.

"I asked my staff, to see if there was any evidence [of arson] on the fires. And I don't mean evidence from Twitter. I mean evidence. Is there anybody who has been arrested for arson?" Glenn said. "Well, here they are. And YouTube and Facebook, go ahead. I want you to demonetize this clip. I want you to somehow or another say that we're lying. I want you to throttle this. Go ahead. Because then you're going to have to explain what we got wrong. And I happen to have all the documents right here. So my attorney is really ready for that throttling or demonetization. You say you're a protector of the truth? Great, here it is."

Glenn read off the first 10 arrest records, which combined allege the destruction of more than 120,000 acres and 700 structures, as well as tens of thousands of people evacuated from their homes.

"You want to tell us, PolitiFact, how you came to the conclusion ... that there was no arson in these fires?" Glenn asked. "Can you tell me how you came to that conclusion? Because your fact-check seems to be entirely false."

Watch the video below for more details:

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Former White House press secretary Sarah Huckabee Sanders joined Glenn Beck on this week's podcast to share her unique perspective as a trusted adviser and confidante to President Donald Trump for two and a half years, which she also details in her new book, "Speaking for Myself: Faith, Freedom, and the Fight of Our Lives Inside the Trump White House."

Sarah described the unprecedented levels of corruption she saw firsthand during the Russia probe and shocking lengths to which Democratic leaders and the mainstream media would go to "take the president down."

Sarah said she often saw sides of Donald Trump that the media never covered. Recently, she went on the record denying the Atlantic's claims that the president mocked our military during a 2018 trip to France. She was on that trip, she told Glenn, and her account of what really happened paints a very different picture.

"The people who are making this outrageous charge are such cowards for doing so in an anonymous way. If you really believed this, and believed it was wrong, one, why did it take you so long? And, two, put your name on it the way the rest of us have," Sarah said.

"He didn't say those things. Not only was I there that day, Glenn, I spent two and a half years traveling all over the world with the president, watching him interact with men and women of our armed forces almost every single day during that two-and-a-half year period," she added.

"This is a person who loves America and loves the people who allow the rest of us to live in America, free, and have prosperity. And I got to see that a lot. I think it is shameful that people are trying to distort who he is and what he has done, particularly when it comes to the men and women in the military."

Watch a clip from the full interview with Sarah Huckabee Sanders below:

Find the full podcast below, on Glenn's YouTube channel or on Blaze Media's podcast network.

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