Glenn Beck: Bankrupted By the Pension Pyramid

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Teachers of America, worry no more. Nancy Pelosi is galloping back into Washington on her white horse to save the day!

Pelosi announced via Twitter (because she's so hip — just like you!) that she is reconvening Congress to vote on a $26 billion "jobs" bill. I'm sure this time it will work. Just like when the stimulus bill saved all those jobs — wait, unemployment is still almost 10 percent.

But why do we need 26 billion extra dollars when there is still $421 billion still left in the stimulus bill? Money the president said we could use to save teachers:


PRESIDENT BARACK OBAMA: It will help prevent our states and local communities, it will help Governor Ritter and Governor Strickland not have to lay off firefighters and teachers and police.

In this recovery and reinvestment package, we put billions of dollars not only to make sure that school districts that are getting hammered are able to keep their teachers, but also we have money in the package to make sure that we are retraining our teachers around math and science.

They'll be the jobs of firefighters, teachers and police officers that would otherwise be eliminated if we do not provide states with some relief.


Now, I'm not a mathematician or anything, but I think we could take the $26 billion out of the stimulus money — let me break out a calculator to be sure: $421 billion minus $26 billion.... Yeah, there's still a few dollars left over: $395 billion-ish. That's enough to hire 10 million teachers, if we pay them the average salary in America. There are 6.2 million teachers in America now, so why is Nancy Pelosi trying to pass another jobs bill again?

Oh, that's right, because she loves teachers. Conservatives hate them, but progressives love them.

Secretary of Education Arne Duncan loves teachers more than anything — well, almost anything. He's hardly spent any of the $4.3 billion in stimulus money he got. Shouldn't that go to teachers? Seems he'd rather lay them off before his funds are raided. Because the problem is a lot bigger than just teachers' salaries, it's pensions. They are wildly out of control. Those in charge know we are screwed on the pensions. Why? Well, look at what's promised and what it takes to pay for it:

Let's say that a California firefighter retires at age 50 making $125,000 a year. He'd retire with a pension of approximately $94,000 per year. It would take about 19 firefighters making $50,000 per year and putting 10 percent of their salaries (which is on the high end because many firefighters put in nothing) into the pension to pay for one year of that retired firefighter's pension.

Now, when those 19 firefighters retire, it will take approximately another 352 firefighters making $50,000 per year and putting 10 percent of their salaries into the pension to pay for just one year of each of the retired firefighters' pensions.

Clearly it's unsustainable. It only works for one generation and the generation that's about to get screwed is starting to realize that. No one thinks this math works, but here was our fearless leader doing a conference on Wednesday with the AFL-CIO:


OBAMA: I want to thank the AFL-CIO for all you've done to fight for jobs, to fight for tax cuts for the middle class, to fight for reforms that will rein in the special interests, to fight policies that aren't just going to rebuild this economy but put us on a long-term path of sustainable growth that is good for all Americans.


What planet have I landed on? On what planet does this look sustainable? Probably the same one where Andy Stern is on the financial oversight committee. Is this really who we want to cater to and take advice from? The unions? They are the ones who are bankrupting us.

It's like getting marital tips from Tiger Woods; or appointing the designer of the Edsel and Yugo to head up GM; or the inventor of Betamax to be our technology czar; or getting that guy who created smokeless cigarettes to be our EPA chief.

We're turning to the epic failures of our time and hoping they fix all of our problems. How?

You've probably seen the headlines lately, that cities are being forced to take drastic measures and make cuts. And guess who is first up on the chopping block? Teachers, cops and firefighters. Why? Well, progressives don't want to make any cuts. But remember Cloward and Piven; the best way to get their socialist utopia is by financially collapsing the current system and then starting over.

Oh Glenn, that's crazy talk!

OK, let's look at the cities who are either threatening to cut or have actually cut teachers, cops and firefighters:






East St. Louis

What do they all have in common?

You've got sniper attacks and riots in Oakland, the third-worst rated crime city in the U.S.

East St. Louis has a crime index of 3: That means it's safer than only 3 percent of cities in the country, which means it is only slightly safer than Oakland. They just cut 19 officers and will have, at times, only one patrol cop on dangerous night shifts.

Thugs practically shoot at cops for sport in Philadelphia these days. It's so bad the mayor had to ask citizens to help police. Really?

Beautiful Newark (which recently celebrated going a whopping 43 days without a murder — congratulations!) is getting cocky; they are considering cutting 250 police officers.

The cops have to go, yet in Oakland they keep $7 million in costs for museums. You will lose the art in the riots anyway.

Newark has $39,608,662 set aside for "Neighborhood and Recreational Services." As much fun as Newark is, I think we can cut back on all the good times in Newark before slashing the cops.

Philadelphia can save a couple cops right off the bat by cutting the $1 million set aside for mural arts — they already do that for free: It's called graffiti — or the $32 million for "free libraries" — now, I love to read as much as the next guy, but you can't read when blood is pouring down your face.

In Baltimore, cops are on the chopping block, but that $750,000 for the opera house must stay!

This is like my wife saying we are broke, we have to cut down our expenses on food. I turn around and say, OK, when you grocery shop, no more meats, organics, milk — we're cutting that out. Just get Mountain Dew and Cheetos. You wouldn't believe me if I said that, wouldn't you? Cut the Cheetos first!

Would you cut the opera house budget before the cops? This is easy for you to figure out, because you have common sense.

Now, unless everyone involved in Baltimore's budget process is a moron or something else is going on. How do we make sense of their actions?

Look at the things that you know — that you are not supposed to know:

You know about Cloward and Piven, the Weather Underground and the revolutionaries that surround this administration. You know that progressivism is a cancer to the republic. And that civil unrest works in revolutionaries' favor.

Now, look at those cities. Do you see any patterns that fit?

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

Acclaimed environmentalist and author of "Apocalypse Never" Michael Shellenberger joined Glenn Beck on the radio program Wednesday to warn us about the true goals and effects of climate alarmism: It's become a "secular religion" that lowers standards of living in developed countries, holds developing countries back, and has environmental progress "exactly wrong."

Michael is a Time "Hero of the Environment," Green Book Award winner, and the founder and president of Environmental Progress. He has been called a "environmental guru," "climate guru," "North America's leading public intellectual on clean energy," and "high priest" of the environmental humanist movement for his writings and TED talks, which have been viewed more than 5 million times. But when Michael penned a stunning article in Forbes saying, "On Behalf of Environmentalists, I Apologize for the Climate Scare", the article was pulled just a few hours later. (Read more here.)

On the show, Micheal talked about how environmental alarmism has overtaken scientific fact, leading to a number of unfortunate consequences. He said one of the problems is that rich nations are blocking poor nations from being able to industrialize. Instead, they are seeking to make poverty sustainable, rather than to make poverty history.

"As a cultural anthropologist, I've been traveling to poorer countries and interviewing small farmers for over 30 years. And, obviously there are a lot of causes why countries are poor, but there's no reason we should be helping them to stay poor," Michael said. "A few years ago, there was a movement to make poverty history ... [but] it got taken over by the climate alarmist movement, which has been focused on depriving poor countries, not just of fossil fuels they need to develop, but also the large hydroelectric dams."

He offered the example of the Congo, one of the poorest countries in the world. The Congo has been denied the resources needed to build large hydroelectric dams, which are absolutely essential to pull people out of poverty. And one of the main groups preventing poor countries from the gaining financing they need to to build dams is based in Berkeley, California — a city that gets its electricity from hydroelectric dams.

"It's just unconscionable ... there are major groups, including the Sierra Club, that support efforts to deprive poor countries of energy. And, honestly, they've taken over the World Bank [which] used to fund the basics of development: roads, electricity, sewage systems, flood control, dams," Micheal said.

"Environmentalism, apocalyptic environmentalism in particular, has become the dominant religion of supposedly secular people in the West. So, you know, it's people at the United Nations. It's people that are in very powerful positions who are trying to impose 'nature's order' on societies," he continued. "And, of course, the problem is that nobody can figure out what nature is, and what it's not. That's not a particular good basis for organizing your economy."

Watch the video below to catch more of the conversation:

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Dr. Voddie Baucham, Dean of Theology at African Christian University in Lusaka, Zambia, joined Glenn Beck on the radio program to explain why he agrees with Vice President Mike Pence's refusal to say the phrase "Black Lives Matter."

Baucham, who recently drew national attention when his sermon titled "Ethnic Gnosticism" resurfaced online, said the phrase has been trademarked by a dangerous, violent, Marxist movement that doesn't care about black lives except to use them as political pawns.

"We have to separate this movement from the issues," Baucham warned. "I know that [Black Lives Matter] is a phrase that is part of an organization. It is a trademark phrase. And it's a phrase designed to use black people.

"That phrase dehumanizes black people, because it makes them pawns in a game that has nothing whatsoever to do with black people and their dignity. And has everything to do with a divisive agenda that is bigger than black people. That's why I'm not going to use that phrase, because I love black people. I love being black."

Baucham warned that Black Lives Matter -- a radical Marxist movement -- is using black people and communities to push a dangerous and divisive narrative. He encouraged Americans to educate themselves on the organization's agenda and belief statement.

"This movement is dangerous. This movement is vicious. And this movement uses black people," he emphasized. "And so if I'm really concerned about issues in the black community -- and I am -- then I have to refuse, and I have to repudiate that organization. Because they stand against that for which I am advocating."

Watch the video below to catch more of the conversation:

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We're going to be doing an amazing broadcast on Thursday, July 2nd, and we will be broadcasting a really important moment. It is restoring truth. It is restoring our history. It is asking to you make a covenant with God. The covenant that was made by the Pilgrims. And it's giving you a road map of things that we can do, to be able to come back home, together.

All of us.

And it's never been more important. Join us live from the Standing Rock Ranch on Blaze TV, YouTube and Facebook at 8:00 p.m. Eastern time on Thursday July, 2nd and restore the hope in you.

Make sure you join us and use the hashtag and spread the word, fight the mob today and you'll save $20 on your year of subscription. We need you now more than ever.

RESTORING HOPE: Join Glenn live from Standing Rock Ranch to restore the American covenant

On last week's Wednesday night special, Glenn Beck revealed where the Black Lives Matter organization really gets its funding, and the dark money trail leading to a cast of familiar characters. Shortly after the program aired, one of BLM's fiscal sponsors, Thousand Currents, took down its board of directors page, which featured one of these shady characters:

Ex-Marxist professor and author of "Beyond Woke," Michael Rectenwald, joined Glenn Beck on the TV show to fill us in on the suspicious change he discovered on the Thousand Currents webpage and the Communist terrorists who is now helping run the organization. (Fortunately, the internet is forever, so it is still possible to view the board of directors page by looking at a web archive from the WayBack Machine.)

Rectenwald revealed the shocking life history of Thousand Currents' vice chair of the board, Susan Rosenberg, who spent 16 years in federal prison for her part in a series of increasingly violent acts of terrorism, including bombing the U.S. Capitol building, bombing an FBI building, and targeting police for assassination.

"Their whole campaign was one of unbelievably vicious, murderous cop killings, assassinations, and bombings," explained Rectenwald of Rosenberg's terror group known as the May 19th Communist Organization or M19.

Watch the video below to catch more of the conversation:

Glenn's full investigation into the dark origins of the funding behind Black Lives Matter is available for BlazeTV subscribers. Not a subscriber? Use promo code GLENN to get $10 off your BlazeTV subscription or start your 30-day free trial today.

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.