Glenn Beck: All the money in the world

GLENN: I have told you on this program that our debt is over $130 trillion, $130 trillion. I have told you there's no way in hell we can afford $130 trillion, but I don't think people really understand because billions, trillions, it doesn't have you noticed that in this administration and I want to make it very, very clear. I do not blame Barack Obama for $130 trillion. I blame him for about $20 trillion of the $130 trillion, and that's in the added debt. The actual debt I think I blame him for, what, is it $4 trillion so far?

STU: Is that it? I mean

GLENN: Yeah.

STU: I mean, jeez, you're talking about this guy like he's the worst guy in the world and it's like $4 trillion.

PAT: Come on.

STU: You go to Vegas for a weekend and you blow around that, right? I mean, I don't know the numbers exactly.

PAT: About 40, $40 trillion.

GLENN: In 2008 Forbes came out with an article that said that we are $70 trillion in debt. But I just want to show you how much trouble we're in. $70 trillion. Let's say, let's say that Forbes is right. And let's have a party. It's only 70 you ready? At the time of the 2008 Forbes article, the entire supply of money in the world that's the broad money supply, the M3, it means cash, consumer account deposits, checkable accounts, CDs, long term deposits, travelers checks, the money market funds. So in other words, anything that is actual cash, that was under $60 trillion. So what that means is if it's only $70 trillion, our outstanding obligations amount to more than all of the money in the world.

PAT: Combined.

GLENN: Hmmm?

PAT: Combined. All money from everywhere, all forms combined.

GLENN: But it's only the global GDP.

PAT: But that's only $10 trillion more.

GLENN: Yeah.

PAT: So that's not bad.

GLENN: Yeah.

STU: Didn't you say it was really $130 trillion?

GLENN: Yeah, but let's be so be so pessimistic, oh, the sky is

STU: Your whole optimistic number above what all numbers

GLENN: The sky is falling, the sky is falling.

PAT: How many trillion dollar bills do you have to print up?

GLENN: Okay. So here's

PAT: Ten. That's all.

STU: That's a little paper. You don't have to worry about using too much paper but

PAT: A little ink. It doesn't cost that much.

GLENN: So the global GDP in 2008 was $60 trillion. All the money in CDs and checking, everything. Every single dollar out there is under $60 trillion. The global GDP, every single dollar, the entire annual economic output of human civilization is $60 trillion.

STU: Yeah, he does make a good point there, Pat, that you can't just start printing trillion dollar bills but if you print one $10 trillion bill, that's a lot more efficient.

PAT: There you go.

STU: And then you can just pay it the one time.

PAT: There you go.

GLENN: Okay. So now, why do I bring this up to you? Because I want to show you how much trouble we're in and the decisions that we're going to have to make. Because we are going to have to make tough decisions, and no one is talking about the tough decisions. They are still telling you that you can have it all. They are still telling you, if you vote for the Republicans, they're going to cut off education. They're going to yes! I got news for you. Everything's going to they're going to turn off the lights one of these days. I can't believe the irresponsibility I'm not going to say. There was I said in Alaska this and, of course, people took it out of context. I said to the Alaskan audience on Saturday, I said, do you know who you are? Do you know what you are? You are Fort Knox. That's what you are. You are always intended to be Fort Knox. You are a state rich with natural resources. And, of course, we're not going to exploit them. But here's the bad thing. If the economy collapses and the United States of America has no money to defend anything, make sure you grab your guns and your knives and your forks and your spoons because the Russians, the Chinese, everyone is coming to Alaska! Because that's where the money is. Now, that's not begging for World War III. That's called giving you the facts. But see, there are those people that really want this to collapse. And they are planning on violence. They're planning on it. We've already shown you. We've already seen it with SEIU. We've shown it to you over in Europe. There's a new story over in Europe about the labor unions. Remember my theory is they are ahead of us. The labor unions are now saying, get out on the streets.

PAT: Yeah. They warned a crowd today as 150,000 public sector jobs, job losses, are already in the pipeline. So they are telling everybody that they are going to lose 150,000 jobs. And, of course, police, the councils, the courts, the hospitals are all laying off workers. Those, they have got to be the first to go. You've got to start, you've got to start with teachers.

GLENN: And the hospitals.

PAT: And the police and hospitals. You have to. There's no other cut you can possibly make. I mean, you wouldn't want to cut garbage service, you wouldn't want to cut pensions.

GLENN: Here's the thing. This is the unions that are saying this. This sounds familiar. The unions that have set this whole system up, after World War II, this is why Road to Serfdom was written. It was written in England and he wrote it because he said, you're on the Road to Serfdom; this won't work. And so this was why the Road to Serfdom was written. They are still now trying to say it's the evil capitalists. And so what are they doing? Pat, what are they doing?

PAT: They're cutting. And they said, the Labor Party is saying that they're militant about these extreme cuts.

GLENN: Militant, keyword militant.

PAT: So they are sending people out in the street to protest and potentially riot, and you know that's what's going to break out.

GLENN: Yes.

PAT: There will be

GLENN: It's exactly what happened in Greece.

PAT: Molotov cocktails, there will be, you know, overturned cars, there will be rioting in the streets, somebody's

GLENN: Dogs and cats will be living

PAT: Right, exactly.

STU: And in Europe as they go, you know, on this path, as you said, Glenn, they're ahead of us, you know, they go this path of making their countries just solvent. I mean, they are not trying to, you know they are still going to be in debt by a lot.

GLENN: Yeah.

STU: Even though these movements are going on.

GLENN: They are just trying to let their country survive.

STU: Right.

PAT: They are just trying not to drown right now in the debt that they have.

STU: As you point out the labor unions are talking about this. Also all you hear about in Europe is, oh, the extreme rightwing, the far right and all their violent tendencies. Yet the European police office has released a report on violence from terrorist violence in Europe and it is increasing at a fairly alarming rate.

GLENN: Isn't it like 40% over last year, something like that?

PAT: It is, let's see, I had the number here somewhere. I'll get you that number here in a second.

GLENN: All right.

STU: But the categorizing of the people who are doing the attacks is really the most alarming part which is leftwing violence, they had 39 leftwing attacks in Europe in 2009.

GLENN: I have seen this violence before in the Sixties.

STU: I know.

GLENN: Leftwing violence.

STU: 39.

GLENN: Okay, 39. But how many on rightwing violence?

STU: Right, how many more of rightwing violence?

GLENN: Yeah.

STU: Actually, no, it was 38 less. There was one attack from rightwing sources in Europe in 2009, and 39 from leftwing.

GLENN: How many from Islamic terrorists?

PAT: Wow.

STU: And, of course, Islamists, they beat both groups at 89 total attacks. And separatists were even further.

GLENN: Look at that.

STU: That's amazing.

PAT: But that's only 89:1.

GLENN: It's 89:1.

STU: And 39:1.

GLENN: And 39:1 and yet it is the evil rightwing.

STU: Right.

GLENN: I mean, that's incredible.

PAT: We've seen this before.

PELOSI: I have concerns about some of the language that is

GLENN: All right. Stop, I can't take it.

The great beyond. What does it hide from us? Do unknown lifeforms linger in the dark? In other words, was David Bowie right? Is there life on Mars? The head of Harvard University's Astronomy Department contends that, yes, there is. Well, not that there's life on Mars. I'll explain in just a minute.

In an academic article for the Astrophysical Journal Letters, Dr. Avi Loeb, the head of Harvard University's Astronomy Department, claimed that an alien probe entered our solar system. He claimed that it is masked as the space rock Oumuamua (Ow-moo-ah-moo-ah), "the first interstellar object to enter our solar system." It turns out that "space rock" is way more than a musical genre.

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In his own words:

Considering an artificial origin, one possibility is that 'Oumuamua is a lightsail, floating in interstellar space as a debris from an advanced technological equipment.

His evidence? pointed to the space rock's abnormal acceleration, activity which he gathered via the Hubble Space Telescope.

He added that "the lightsail technology might be abundantly used for transportation of cargo between planets."

Sounds a bit like Star Wars, no? Or are you more of a Star Trek fan? Either way, it's an odd thing to hear from the head of Harvard University's Astronomy Department. Typically, we hear these sorts of things from the darker corners of the History Channel.

Well, I'll say that, at this point, I'm not really surprised. It's 2019. I'm not surprised by anything anymore.

"I don't care what people say," Loeb said. "It doesn't matter to me. I say what I think, and if the broad public takes an interest in what I say, that's a welcome result as far as I'm concerned, but an indirect result. Science isn't like politics: It is not based on popularity polls."

Honestly, I believe the guy. Well, I'll say that, at this point, I'm not really surprised. It's 2019. I'm not surprised by anything anymore. Heck, I welcome alien lifeforms. Maybe they can give us some advice on how to get our world together.

The third annual Women's March is approaching, and the movement has shown signs of strife. It's imploding, really. An article in Tablet Magazine revealed deep-seated antisemitism among the co-chairs of the movement, which is funny for a movement that brands itself as a haven of "intersectionality." The examples pile up, and just yesterday there was another. I'll tell you about it in a minute.

The Women's March has been imploding, and it started at the very top. Four women have come to represent the diverse face of the movement, the co-chairs: Tamika Mallory, Carmen Perez, Linda Sarsour, and Bob Bland.

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Increasingly, we've learned that anti-Semitism is common among these women.

Teresa Shook, who founded the Women's March has repeatedly asked them to step down: The co-chairs "have steered the Movement away from its true course. I have waited, hoping they would right the ship," Shook wrote. "But they have not. In opposition to our Unity Principles, they have allowed anti-Semitism, anti-LBGTQIA sentiment and hateful, racist rhetoric to become a part of the platform by their refusal to separate themselves from groups that espouse these racist, hateful beliefs."

Tamika Mallory gave us the latest example, by continuing to stand by Louis Farrakhan. Check out Tamika's arrogant, nonsensical response. But the real problem came at the end of Mallory's rambling non-answer.



Women's March Leader Tamika Mallory Doubles Down On Love For Louis Farrakhan youtu.be


Later this week I'll go over the entire controversy on Glenn TV. It's harrowing, really. For now, I'll leave you with this. Critics of 4th wave feminism have argued that the radical identity politics of the left will lead to the exact kind of mistreatment that feminists claim to be against. That argument has been written off as using the slippery slope fallacy. But, as we see with the Women's March, it is in fact a brutal reality.

Remember how serious Chuck Schumer and Nancy Pelosi were last week, when they gave their "rebuttal" to President Trump's address? They made it seem like this government shutdown is apocalyptic. A lot of Democrats have done the same. On social media and CNN at least. Thirty Democrats, however, took a different route. Puerto Rico. For cocktails at the beach.

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A group of 30 Democrats have turned the government shutdown into a live-action interpretation of a Jimmy Buffet song:

Nibblin' on sponge cake, Watchin' the sun bake.

No, seriously. In the words of Press Secretary Sarah Sanders:

Democrats in Congress are so alarmed about federal workers not getting paid they're partying on the beach instead of negotiating a compromise to reopen the government and secure the border.

A photo of New Jersey Senator Bob Menendez at a resort beach has gone viral.

They arrived via chartered jet. They're staying at a seaside resort, and attended the ridiculously-priced and overhyped play "Hamilton," where tickets for opening night "ranged from $10 to $5,000," according to the Associated Press. They even attended several afterparties.

Of course, the official occasion seems legit. They're in San Juan for the Congressional Hispanic Caucus BOLD PAC. According to a memo for the gathering:

This year's winter retreat promises to be our most widely attended yet with over 220 guests, including 39 Members of Congress and CHC BOLD PAC supporters expected to attend and participate!

Also in attendance, about 109 lobbyists, from a number of places, including "R.J. Reynolds, Facebook, Comcast, Amazon, PhRMA, Microsoft, Intel, Verizon, and unions like the National Education Association."

Donald Jr. said it well:

And of course no one says anything. I'm not even in government and I'd get killed in the press if I was on vacation right now. Why won't they cover their democrat buddies lobbyist sponsored vacation in the islands???

Maduro takes office and Venezuelans vote with their feet

CRIS BOURONCLE/AFP/Getty Images

Venezuela continues to collapse. A country that used to have the world's largest oil reserves is now in rags. Its money is worthless, with inflation near one million percent. People must work an average of five days at minimum wage just to afford a dozen eggs. But there is one person still pumped about Venezuela's future – its noble president, Nicolas Maduro! I'll tell you why he's still enthusiastic in just a minute…

Venezuelan president Nicolas Maduro had a stellar 2018. Here are some highlights:

  • Running water and electricity only work occasionally and prices for basic goods doubled.
  • Doctors, engineers, oil workers, and electricians fled the country en masse. Over 48,000 teachers also left the country.
  • Over half a million Venezuelans fled to Peru alone.

Maduro created a new digital currency called the "petro." One petro is supposed to equal the price of a barrel of oil, about $60. U.S. Treasury Department officials call the petro a scam. Who could've seen that coming?

Maduro also announced a 3,000 percent minimum-wage hike. Even Ocasio-Cortez might roll her eyes at that one. Or find it inspiring.

And just yesterday, a Human Rights Watch report detailed how Venezuelan intelligence and security forces are arresting and torturing military personnel and their family members who are accused of plotting against Maduro. The torture includes: "brutal beatings, asphyxiation, cutting soles of their feet with a razor blade, electric shocks, food deprivation, [and] forbidding them to go to the bathroom."

It's so bad in Venezuela that even The Washington Post admits Venezuela's problems are mostly due to "failed socialist policies." But President Nicolas Maduro gave a televised New Year's address calling 2019, "the year of new beginnings." He's pumped, you see, because today he will be sworn in for his second six-year term as president. He was "re-elected" last May in an election that the international community declared illegitimate.

Thirteen nations released a statement last week urging Maduro not to take office and saying they would not recognize his presidency.

Maduro doesn't have many friends left at home or abroad. Thirteen nations released a statement last week urging Maduro not to take office and saying they would not recognize his presidency. This week, the U.S. added more Venezuelan officials to its sanctions list.

In a press conference yesterday, Maduro said:

There's a coup against me, led by Washington. I tell our civilians and our military to be ready. Our people will respond.

I think the people of Venezuela who have the means are already responding – by leaving.