Barney Frank: No such thing as too much government




Barney Frank: No Such Thing As Too Much Regulation

GLENN: We have Barney  Frank, Barney  Frank saying that there's just no such thing as too much regulation. I'm sorry. King George, is that you? That's fantastic. There's no such thing as too much regulation.

BARNEY FRANK: I think that the general fear that the ranking member and others think that we're going to over regulate on behalf of consumers is a fantasy unrelated to any experience. The Federal Government has never done that.

GLENN: Stop, stop, stop! That the government could over regulate is ‑‑ what did he say?

PAT: A fantasy beyond any human experience.

GLENN: Mao, Stalin, Hitler. I mean, I can't believe this. If you want to talk about a fantasy beyond any human experience, it's Barney  Frank. I mean, this guy is incredible to me. By the way, they're putting in this financial regulation that Fannie and Freddie are going to be financial institutions that if they fail, the private sector banks are required to unwind them. Excuse me? If they fail? It's only a matter of time until they fail. I know that's a Barney  Frank fantasy. All of Barney  Frank's fantasies seem to be your nightmare. If they fail? They will fail and then every bank in America will be required to unwind them. Barney  Frank, we're looking to see if we can get any video of this, Barney  Frank and some of the Republicans were trying to touch any of the Fannie and Freddie stuff in the banking regulation. Apparently he was a madman with a gavel and screaming, No, no, no, no! Of course, of course. This is going to lead ‑‑ I mean, how many different ways can we collapse the system? We have the gulf. The government might over regulate is beyond any kind of human experience? Let's just look at what's happening in the gulf. Shall we? What has happened in the gulf? You can't do anything with the berms. So, you've got to have that oil come. You couldn't suck up the oil because they didn't have enough fire extinguishers or life jackets on board. I don't know. I think those are two examples where the government has overregulated. You can't have anybody with a foreign or a foreign crew help contain the oil spill because of the Jones Act. There's three, just in the last week. I'm sorry. Am I human, because I'm experiencing this. Am I human?

PAT: Talking about Fannie and Freddie itself, where they forced banks into making loans that people couldn't afford.

GLENN: Right.

PAT: They had to, because of Federal regulation. They had to loan money to people who couldn't afford to payback the loan and that's what got us into this in the first place.

GLENN: It is. It's nuts. Play that again. I don't think I've ever heard anything that crazy.

BARNEY FRANK: I think that the general fear that the ranking members and others think that we're going to over regulate on behalf of consumers is a fantasy unrelated to any human experience.

GLENN: Any experience.

BARNEY FRANK: The Federal Government has never done that. The pressures are overwhelming and unrelenting to weaken consumer protection. The consumers are not there in the field full‑time. The people who are ‑‑ who they will from time to time, obviously not in every instance or most instances need protection, are there in place all the time. So, this defense of the existing model of consumer protection comes, I think, only from people who don't think consumer protection is very important. So, I hope that the amendment is defeated. Is there any further debate on this amendment?

GLENN: Is there any further debate on this amendment? You know, the idea that some man could spit so much is beyond all human experience. Sure, there were cats, there were cartoons that spit like this, but I don't think any human would spit while they're speaking a lot like this. It's beyond human experience.

This guy is crazy. What is his point? If we don't want more regulation, this fear that we could over regulate ‑‑ didn't the EPA say something along the lines that there is no part of your life that is beyond regulation? King George, this is why we broke away. I mean, are we completely unhinged and unpegged from anything that was American? What made us , Freedom. Not freedom from everything but now the only thing that we worship is freedom from responsibility. That's the only thing we worship now. That's the only thing that seems to matter anymore. Freedom from responsibility.

[NOTE: Transcript may have been edited to enhance readability - audio archive includes full segment as it was originally aired]

There is an economic collapse of third-world proportions on America's horizon. Nancy Pelosi and Joe Biden hinted at it in statements last week: "Capitalism … has not been serving our economy as well as it should" and "We're about to … literally change the trajectory of our nation for years and possibly decades to come."

The changes the Democratic Party already has in the works are clearly destructive. You have felt it over the last year and a half, in a small supply chain inconvenience here, an incremental price rise there. You've sensed that something is very wrong. It's rumblings of the Great Reset.

Tonight on "Glenn TV," Glenn Beck heads to the chalkboard to break down how America's traditional economic strengths are being severely undermined and, in many ways, systematically torn down by the Biden administration and Democrats in Congress.

This is not "building back better"; this is a managed decline to bring America down to the rest of the world's standard of living. Glenn challenges: Don't let them convince you these are just first world problems. That's the point. America IS a wealthy nation, but we are heading quickly into a second- and third-world collapse. Glenn provides solutions for the managed decline and how you can prepare for the reset that is already in motion.

Watch the full episode below:

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On the radio program Tuesday, Glenn Beck broke down today's inflation, explaining what it is and giving proof that those at the top — politicians and world elite — continue to take advantage of our declining economy to advance their own agenda. He also revealed how a recent decision by Citibank and powerful investment management company, BlackRock, not only puts the U.S. further behind but also allows for China to gain worldwide control.

Watch the video clip below to hear Glenn break it all down:


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For the first time in the history of "The Glenn Beck Program," former President Donald Trump joined Glenn to give his take on America's direction under President Joe Biden compared to his own administration. He explained why Biden's horrific Afghanistan withdrawal was "not even a little bit" like his plan, and why he thinks it was "the most embarrassing event in the history of our country."

Plus, the former president gave his opinion on China's potential takeover of Bagram Air Base, the Pakistani Prime Minister, and Gen. Mark A. Milley, chairman of the Joint Chiefs of Staff.

Glenn asked President Trump how similar the Biden administration's withdrawal from Afghanistan was to his administration's plan.

"Not even a little bit," Trump answered. "We had a great plan, but it was a very tenuous plan. It was based on many conditions. For instance, you can't kill American soldiers. ... You have to understand, I did want to get out. But I wanted to get out with dignity, and I wanted to take our equipment out. And I didn't want soldiers killed. ... What [Biden] did was just indefensible. He took the military out first and he left all the people. And then we became beggars to get the people out. I had a plan to get them out very quickly. But first, the Americans would go out."

Trump told Glenn that his plan included maintaining Bagram Air Base and explained why he would not have left "a single nail" behind in Afghanistan for the Taliban to seize.

"We were going to keep Bagram open," he explained. "We were never going to close that because, frankly, Bagram is more about China than it is about Afghanistan. It was practically on the other border of China. And now we've lost that. And you know who is taking it over? China is taking it over. We spend $10 billion to build that base. It's got the longest, most powerful runways in the world. And China has now got its representatives there and it looks like they'll take it over. Glenn, it's not believable what's happened. You know, they have Apache helicopters. These are really expensive weapons, and they have 28 of them. And they're brand-new. The latest model."

Glenn mentioned recent reports that Gen. Milley, America's top military officer, made "secret phone calls" to his counterpart in China while President Trump was in office.

"I learned early on that he was a dope," Trump said of Gen. Milley. "He made a statement to me — and I guarantee that's what happened to Biden — because I said, 'We're getting out of Afghanistan. We have to do it.' And I said, 'I want every nail. I want every screw. I want every bolt. I want every plane. I want every tank. I want it all out, down to the nails, screws, bolts ... I want every single thing. And he said, 'Sir, it's cheaper to leave it than it is to bring it.'

"The airplane might have cost $40 million, $50 million ... millions and millions of dollars. So, you think it's cheaper to leave it than to have 200 pilots fly over and fly all the equipment out? ... I said, you've got to be nuts. I mean, give me a tank of gas and a pilot and I just picked up a $40 million-dollar airplane. It was amazing. So, I learned early that this guy is a dope. But what he did, is he hurt our country ... and he shouldn't have been allowed to do it. And bad things should happen to him."

Watch the video clip below to catch more of the conversation or find the full interview on BlazeTV:


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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:


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