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TERMS OF USE | PRIVACY POLICY

Live

Obamanomics: back AT the brink

August 10, 2010
 Radio Clips

The Glenn Beck Program

GLENN: Now the Fed has they're expected today to down grade the outlook of the United States.  I'm sorry.  Wasn't everything fixed?

PAT:  Yeah.  I thought we went    I thought we came back from the brink.  Isn't that the  

GLENN:  I thought that was all over. 

STU:  Yeah.  There was some   

OBAMA:  We have pulled the economy back from the brink.  We got good news last week showing that for the first time in over a year, the economy was actually growing.

PAT:  Uh huh.

GLENN:  So, I'm sorry.  So, what's    so, what happened?  What happened?  Because I thought we pulled it back.  I thought for sure we pulled it back from the brink.  I thought that was over.

PAT:  Yeah.  Sure seemed like it.

OBAMA:  We brought the global economy back from the brink. 

OBAMA:  We have pulled the economy back from the brink. 

OBAMA:  I can stand here with confidence and say that we have pulled this economy back from the brink. 

PAT:  Wait.  What?

GLENN:  It doesn't sound like    it sounds like we're back at the brink.  What happened?  Is there something    did I miss something that brought us back to the brink?

PAT:  Well, yeah, George W. Bush.

GLENN:  Well, I know George W. Bush.  I know that

STU:  He pulled it right back.

GLENN:  Wait a minute, wait a minute, wait a minute.

PAT:  Sitting there in Dallas writing a book, he pulled it right back to the brink. 

GLENN:  We would never recover    we would never recover if we didn't have the $787 billion stimulus package, right?

PAT:  Right, yes.

GLENN:  All right.  Well, first we have to go back to George W. Bush.  We'll never survive if we don't have the Tarp package.

PAT:  Yes.  That was true.  It was the    it was the plane headed into the side of the mountain.  Okay.  So  

GLENN:  We're in the going to survive.  So, we did that.  Well, we survived.  Then, unless we do the $787 billion stimulus package, we may never recover.

PAT:  Uh huh.  Okay.  That's right.

GLENN:  And if we do the $787 billion stimulus package   

STU:  Unemployment will never go above 8%.

GLENN:  Never go above 8%.  Okay.  But it did.

PAT:  Just 2 points, though.

GLENN:  Then we have to be able to give confidence to Americans and American companies that we're going to be able to pay for health care and that's the only other part.  When we have that, then we'll be okay.

PAT:  Health care was instrumental in fixing the economy.  Remember that?  It was  

GLENN:  No.  I mean  

PAT:     crucial.

GLENN:  That's what they said

STU:  Yeah, it was crucial.

GLENN:  But it hasn't fixed   

STU:  Well, it did for awhile.

GLENN:  It did because we brought it    between those two things, we brought it back from the brink.

OBAMA:  We brought the global economy back from the brink. 

OBAMA:  We have pulled the economy back from the brink.

OBAMA:  I can stand here with confidence and say that we have pulled this economy back from the brink.

PAT:  So, all that happened.  Pulled it right on back.

GLENN:  Okay.  Yeah.  But now we have Freddie and Fannie and Freddie and Fannie need    what is it?    an additional how much?  $1.8 billion but we're looking at maybe just giving them, oh, I don't know, the candy store, as well?  Just opening up and going ahead and  

PAT:  Was it only a billion or was it a trillion?  The a billion just doesn't sound like  

GLENN:  No.  I think they need another    what is it?    $1.8 billion just, like, right now, but they're looking at  

PAT:  That's not bad.

GLENN:  No, no.

PAT:  That's not bad.

GLENN:  They need it today.

PAT:  That's not bad.  At least it's in the a trillion.  It's not 100 trillion.

GLENN:  It's not a trillion because last year it was estimate that they would need $1 trillion, but this year, since we've been brought back from the brink

PAT:  Yeah.

GLENN:  As estimated they need $3.1 trillion, but the good news is they'll have that .1 right away.

PAT:  Oh.

GLENN:  Uh huh.

PAT:  Okay.  Good.

GLENN:  Stu, what part of the brink did we miss?

STU:  Well what, you missed was that he aid he was going to pull    he had pulled us back from the brink but he never said that he wouldn't push us over past the brink later.  He just said he pulled us back from the brink for a minute.  We could easily be back at the brink or over the brink at any time.

PAT:  But it wouldn't be his fault, would it.

PAT:  No.  Obviously you covered that the Bush    the book is coming out, right.

PAT:  It's Bush, uh huh.

GLENN:  Here's the good news.  According to "USA Today"    I hate that conservative rag.  According to "USA Today," Federal civil servants earned an average pay in benefits of    an average of $123,049.

PAT:  Uh huh.

GLENN:  You, in the private sector, made $61,051.  So, it is official now.  Obama is asking for a 1.4% across the board pay hike for 2011 for these people who now officially make double, on average than the private sector, double.

STU:  I thought the rich needed to pay their fair share.  Why are they getting all these evil raises?

GLENN:  Well, they're not rich.  They're only    they're only making double the private sector.  So   

STU:  That seems like a lot.

PAT:  Yeah.  You're not evil until you're making triple.

GLENN:  Now.  When you're making $250,000, then you're rich. 

STU:  But that's making more than the person who has a doctorate degree.  I mean, $150,000 is  

GLENN:  I understand that, but this is just the average salary for the government worker and they're not even on the top of the food chain.  You know, you have to remember that Congress makes 173,000.  You, you paying their salary, you only make 61,000.

LISTEN LIVE as Glenn Beck gets inducted into 2020 Radio Hall of Fame

The 2020 Radio Hall of Fame Induction Ceremony takes place on October 29, from 7 to 9pm ET, hosted by iHeartMedia's Elvis Duran. The ceremony will broadcast live on radio stations across the country, streamed via iHeartRadio, and on the SiriusXM Triumph Channel, and on Blaze Radio Network.

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WATCH: BlazeTV reporter details TERRIFYING moment looters surrounded and attacked in Philadelphia

Protests following the fatal police shooting of Walter Wallace Jr quickly devolved into violence, rioting, and looting in Philadelphia, and BlazeTV's Elijah Schaffer was there to document what the mainstream media won't. But while filming the carnage inside a Five Below on Tuesday, Elijah was surrounded and attacked by looters.

Elijah joined Glenn Beck on the radio program Wednesday to detail his experience and to explain why mainstream media efforts to downplay the violence just show that independent media has never been more important.

"Unfortunately, [the attack] escalated from one person to about a dozen very quickly," Elijah explained. "I'm actually really happy to be alive. Because in that same shopping center, right there, there was a 15-year-old girl who was shot, according to reports. And I heard multiple gunshots throughout the night. Another individual is reported to have heard a gunshot as well, so we try to confirm. I watched people get pummeled beyond belief."

Glenn asked Elijah to respond to mainstream media claims that conservatives are exaggerating the looting and violence in Philadelphia.

"It's so funny to hear people that aren't there try to counter what we're reporting," Elijah replied.

Watch the video below to catch more of the conversation:

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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.

His record 'speaks for itself': Jason Whitlock on why President Trump is gaining with black voters

Image source: Video screenshot

In the final days before the 2020 election, President Donald Trump is gaining among black voters, particularly men, because his record of accomplishments "speaks for itself" and the "façade" that President Trump is a racist "just doesn't ring true," argued sports columnist Jason Whitlock on "The Glenn Beck Radio Program" Tuesday.

Jason, who recently interviewed the president at the White House for OutKick.com, shared his thoughts on why he believes many black Americans — notably celebrities such as Kanye West, Ice Cube, and 50 Cent — are breaking from the "façade" that President Trump is a "flaming racist."

"I really believe the facts are starting to speak for themselves, and that Donald Trump's record of accomplishments, particularly as it relates to African Americans, speaks for itself," Jason told Glenn. "He actually has a record to stand on, unlike even Barack Obama. When [Obama] was president, I don't think he had much of a record to stand on, in terms of, 'Hey, what did he actually deliver for African Americans?' President Trump has things he can stand on and, you know, beyond that I think black people understand when he starts talking about black unemployment rate. And America's unemployment rate. And then, when you add in for black men, the façade we've been putting on [President Trump] … you know, this whole thing that he's some flaming racist, it just doesn't ring true."

Jason suggested that Trump's fearlessness, unabashed masculinity, and record of keeping his promises resonates with men in the black community. He also weighed in on how media and social media's bias plays a huge role in convincing people to hate President Trump while ignoring Antifa and others on the Left.

"I keep explaining to people, Twitter, Instagram, Facebook, they're some of the most secular places on earth. And we've reduced everyone to a tweet, that we disagree with," he added.

Watch the video 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.

Megyn Kelly: Media coverage of President Trump is ‘DISGUSTING’

Megyn Kelly is not happy about the "disgusting" media coverage of President Donald Trump, specifically pointing to Lesley Stahl's "60 Minutes" interview on CBS Sunday.

On the radio program, Megyn told Glenn Beck the media has become so blinded by the "Trump Derangement Syndrome" that they've lost their own credibility — and now they can't get it back.

"It's disgusting. It's stomach-turning," Megyn said of the media's coverage of the president. "But it's just a continuation of what we've seen over the past couple of years. Their 'Trump Derangement Syndrome' has blinded them to what they're doing to their own credibility. They can't get it back. It's too late. They've already sacrificed it. And now no one is listening to them other than the hard partisans for whom they craft their news."

Megyn also discussed how she would have covered the recent stories about Hunter and Joe Biden's alleged corruption. Watch the video 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.