Glenn Beck: 1932 All Over Again?




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Congress couldn't agree on a budget, but don't worry about that. House Democrats have "deemed" the new $1.1 trillion budget as passed. "Deem and pass" allows Democrats to start spending money in 2011 without having to follow any real budget.

Meanwhile, President Obama's budget director, Peter Orszag, is now leaving the White House. He said, "I want to emphasize that it would be inaccurate to say that I have told the president personally that I'm leaving because of concerns about our fiscal policy."

Hmm. That's odd.

And former Clinton Labor Secretary and Obama economic adviser Robert Reich just came out and said: "The economy is still in the gravitational pull of the Great Recession — all the booster rockets for getting us beyond it are failing"

So big government is failing spectacularly and after a year and a half of Obama, it's starting to feel like 1932:

The average time needed to find a job has risen to a record 35.2 weeks

The budget deficit is above 10 percent of GDP

Home sales are down

Retail sales are down

9.2 million people are unemployed

But despite all of this, President Obama is taking a victory lap around the country. He's calling it "Recovery Summer." That's about as ridiculous as if BP went around the country right now to promote their environmental safety record. It doesn't add up.

History shows us, time and again, that big government spending is simply not the answer to national economic problems. But, here we go again down the big government path.

How does it keep happening?

Part of the problem is we have too many politicians like Pete Stark from California. Stark is a founding member of the Progressive Caucus and, as I showed you last week, he embodies everything about progressives we told you about: They think they are better than you.

Last week Stark was mocking the Minutemen over border security. Now listen to him in this interview with journalist Jan Helfeld about the national debt:

(BEGIN VIDEO CLIP)

REP. PETE STARK, D-CALIF.: The national debt measures the wealth.

(CROSSTALK)

STARK: The wealthier we are —

JAN HELFELD, JOURNALIST: The larger the national debt, the wealthier we are?

STARK: It's an indication of the wealth of the country. You're right.

HELFELD: So the more you owe, the more you're worth?

STARK: In federal accounting — in the national scheme of things, that's quite right.

HELFELD: So why shouldn't we borrow another trillion then next year?

STARK: Probably because — we should not necessarily borrow another trillion, but we will, inevitably.

(END VIDEO CLIP)

First of all, if you don't believe progressives think you are too stupid and have to be dragged to the right answers, just remember that clip. Secondly, more debt means we are wealthy? At the time of this clip the national debt was about $5 trillion. We're almost three times that amount now. We're rich! Where did we go wrong?

Stark went on to say this:

(BEGIN VIDEO CLIP)

STARK: Did you ever study economics?

HELFELD: A little bit.

STARK: Where?

HELFELD: In the University of Puerto Rico.

STARK: Oh the University of Puerto Rico? Do you have a doctorate in economics?

HELFELD: No, I don't.

STARK: A master's degree?

HELFELD: No, I don't.

STARK: How many classes did you take? What I would suggest —

(CROSSTALK)

STARK: They are simple-minded questions that don't relate to the realities —

(CROSSTALK)

STARK: If you would shut up for a minute. You're blabbing away here about something you don't know anything about.

HELFELD: I am just trying to ask a question —

STARK: You're making a lot of stupid statements, Jan.

HELFELD: So you think if the national debt increases, we become wealthier. So I don't see why you don't want to go for it — and go for two or three billion dollars —

STARK: It's why you probably never graduated from a very good college, Jan. And I'm not going to take the trouble to educate you here.

(END VIDEO CLIP)

I'd like to explain this to Congressman Stark and others who think like him. I'll speak slowly for the congressman. He should probably TiVo this — TiVo is a device that records TV shows and you can play it back. I didn't know if he knew that because he's been in Congress for 37 years now, so it's been a long time since he won that first election, in which his main complaint against his opponent was that he'd been in Congress too long.

Take an imaginary neighborhood with "diverse" economic backgrounds:

Person One makes $250,000 a year. They owe $500,000 on a $520,000 mortgage, they financed a $20,000 boat, a sports car and a summer cottage on the lake as well. Life is sweet. They don't have a lot of savings — they'll do that later.

Person Two only makes $45,000 a year. But, they've paid off their mortgage, they bought used cars and have no payments. They've saved money for a rainy day.

Now, the way Congressman Stark sees it, the richest person on the block is the guy with the boat and the sports car. After all, he's got the nicest stuff and the biggest house. But, what happens if they both lose their jobs and have to take one of those jobs that Americans just won't do? Or what if their income is significantly cut back?

Well, when that rainy day comes, the richest person on the block is the person only making $45,000 a year. Why? Well, they don't have lots of stuff, but they don't owe anyone either. There's no bank or credit card company breathing down their necks if their income is slashed. Their life changes, of course, but not as much as the rich guy with all the financed stuff. He's got to scramble to sell the house, the boat, the car. When he can't, banks and credit card companies are coming after him. He could borrow more money to try and keep up, but what has that done? Made him wealthier or just more in debt? All it does is buy some time before it all comes crashing down.

It's the same with the federal government. If IRS returns drop and they continue to try and make up for the shortfall by printing more money or borrowing more money, we just fall deeper into debt.

We're not wealthier. We've only held off the inevitable. But, then again, I'm not a doctor like the great congressman. Oh wait, he's not a doctor? And I almost forgot — I am. But it doesn't take a doctorate to read some history. It's not hard to see that we are repeating the same mistakes of the past. We are repeating the 1930s:

The Dow appears to be repeating the patterns seen during the Great Depression. After the crash in 1929, there was a brief recovery period in 1930. On July 8, 1932, the Dow bottomed out — closing the day at 41.22, an 89 percent drop from its pre-crash high; in October of 2008 stock market plummets 2,400 points in nine days

President Hoover responded by increasing federal spending by 50 percent between 1929 until the end of his term; George W. Bush abandoned the free market system to save the free market system

Unemployment over 20 percent by the end of Hoover's term; Unemployment was over 7 percent at the end of Bush — up from the 4.5 percent range

In 1932, Hoover increased top income tax rates from 25 percent to 63 percent; Obama is increasing top tax rates from 35 to 39 percent

FDR's policies included making unions stronger, regulating price controls, interfering with business and paying higher wages than the amount of productivity justified; Obama's "life work" is SEIU's life work. Obama has fired CEOs of companies and taken control of automakers and banks

FDR tried to revive economy with massive government spending and entitlements with the New Deal; Obama has tried to revive economy with massive government spending and expansion of entitlements with the stimulus, cash-for-clunkers, health care and financial reform, plus the takeover of student loan industry

Unemployment remained unresponsive and stayed stubbornly high throughout the New Deal and New Deal II; unemployment under Obama has gone up and stayed there, completely flat-lining despite the government "injections"

FDR blamed Hoover for the economic problems; Obama still blames Bush for "creating the mess" he has to "mop" up

In 1935, the Supreme Court struck down the NRA and in 1936, the court struck down the Agriculture Adjustment Act; today, 60 percent want a repeal of health care. Will the courts follow through?

In 1946, a successful GOP campaign "had enough" of Democrats; today, Tea Parties, whose universal issue is 'stop spending'

So we've followed Hoover and FDR almost step-for-step. Are we going to bottom out again and extend this slump just like FDR did? Well, we have to understand that there are critical differences between the 1930s and today:

Back then, the country had manufacturing. We could build ships, planes, tanks, etc.; today, we can't

Back then, our citizens didn't have crippling debt; today, we do

Back then, our grandparents saved their money; today, we don't

Maybe we could get someone really smart like Pete Stark to explain it to us. Oh wait, I forgot: It's people like Pete Stark who got us into this mess.

— Watch Glenn Beck weekdays at 5p & 2a ET on Fox News Channel

As the Senate prepares for former President Trump's second impeachment trial, many are asking whether it's constitutional to try a president after leaving office. Alan Dershowitz, lawyer and host of the of "The Dershow," joined Glenn Beck on the radio program to talk about the legal battles Trump still faces.

Dershowitz said he believes the Senate doesn't have the authority to convict Trump, now that he's a private citizen again, and thus can't use impeachment to bar him from running for office again.

"The Constitution says the purpose of impeachment is to remove somebody. He [Trump] is out of office. There's nothing left to do.
It doesn't say you can impeach him to disqualify him for the future. It says, if you remove him you can then add disqualification, but you can't just impeach somebody to disqualify them," Dershowitz said.

"The Senate can't try ordinary citizens. So once you're an ordinary citizen, you get tried only in the courts, not in the Senate. So it's clearly unconstitutional," he added.

Dershowitz, who served on Trump's legal team during the first impeachment trial, also discussed whether he thinks Trump is legally (or even just ethically) responsible for the Capitol riot earlier this month, and whether those engaging in violence could be considered "domestic terrorists."

Watch the video below to catch more of the conversation:

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A new, shocking CBS News poll shows that the majority of Americans believe they're facing a new enemy: other Americans.

More than two-thirds of poll respondents said they believe democracy in the U.S. is "threatened," and 54% said "other people in America" are the "biggest threat to the American way of life," rather than economic factors, viruses, natural disasters, or foreign actors.

Will it be possible to unite our nation with statistics like that? On "The Glenn Beck Radio Program," Glenn and Stu discussed the poll numbers and what they mean for our future.

Watch the video clip below:

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Countless leaders on the left are now arguing that removing President Donald Trump from office won't be enough — they're now calling for the president's "cult-like" supporters to be "deprogrammed." And it's not just fringe politicians.

During an appearance on "Real Time with Bill Maher" last week, former NBC anchor Katie Couric said, "The question is, how are we going to really almost deprogram these people who have signed up for the cult of Trump."

Former Democratic presidential nominee Hillary Clinton and Democratic Speaker of the House Nancy Pelosi questioned whether the nation needs "a 9/11-type commission" to determine whether President Trump was colluding with Russian President Vladimir Putin "the day that the insurgents invaded our Capitol." Clinton also made sure to include her favorite "deplorables" in her unsubstantiated conspiracy theory:

"But we now know that not just [Trump] but his enablers, his accomplices, his cult members, have the same disregard for democracy," Clinton said to Pelosi.

Washington Post columnist Eugene Robinson and New York Times Magazine's Nikole Hannah-Jones agreed that there is a need for "millions of Americans, almost all white, almost all Republicans" to be deprogrammed and punished, during an MSNBC interview last week.

Now, a story from the Washington Post is also preaching that narrative and even added that we need more restrictions for conservatives on social media and in the broadcast industry.

"So now we have to be deprogrammed? We've heard this over and over and over and over again, for months," said Glenn Beck on the radio program Tuesday. He read through the shocking details of the Washington Post op-ed and discussed the extraordinary dangers of the latest anti-conservative movement in America.

Watch the video below:

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As calls for censorship and restrictions against conservative voices get louder, Glenn Beck said he feels an "awesome responsibility" to speak, not the words he'd personally like to say, but those he believes the Lord would want him to share.

"It's an awesome responsibility, and one that I am not worthy of," Glenn said. "I want to say ... what He wants me to say. And I have to listen very carefully, because I feel the same way you do. But that will get us nowhere."

Glenn said it's time for Americans who are awake — not woke — to come together, no matter which side of the political aisle you're on, and stand with the truth.

"We are the Alamo, we will stand. But we desperately, desperately need you," Glenn said. "We need the people who are awake — not woke — awake. You may disagree with us. We are your allies, not your enemies. And if you will not stand with us in our hour of need, there will be no one left to stand with you in your hour of need. We must all come together, anyone who is awake."

Watch the video below to hear more from Glenn:

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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.