Glenn Beck: Can abortion be a kindness?

GLENN: The first thing I want to play for you, though, however, is an interview from an environmentalist who is on the BBC yesterday and she's talking about the compassionate thing today. She believes the compassionate that abortion is compassionate. Now, shocking as it may seem, she doesn't think that this is an out of your mind statement whatsoever and she just like the people at 10 2 10 felt that she was in the majority. This is the beginning of where it gets scary.

VOICE: And I think that if I were a mother of a suffering child, I would be the first to want I mean a deeply suffering child I would be the first one to put a pillow over its head. I would with any suffering thing and I think the difference is that my feeling of horror suffering is many greater than my feeling of getting rid of a couple of cells because suffering can go on for years.

VOICE: I'm sorry. I was just about to introduce the next guest, but that is a pretty horrifying thing to say.

VOICE: What?

VOICE: That you would put a pillow over a

VOICE: Of course I would, if it was a child I really loved who was any agony. I think any mother would.

PAT: It's about love.

VOICE: I think any mother would.

PAT: She doesn't even know what was outrageous.

VOICE: This would shock most people.

VOICE: I don't know any mother who wouldn't say if this was there was nothing else that could be done and it was

VOICE: That's just not true. That's just

VOICE: Do you think mothers would agree with you?

VOICE: I think a lot would. Maybe not any, but a lot.

VOICE: Dr. Peter Evans is from the Christian medical

GLENN: Stop. I mean, is there any commentary needed here? We've heard this rhetoric before. Now, if you don't think that these people and here's the problem. Here's why the word creator, all men are created equal and endowed by that creator, the reason why that is there is because if you take God out of it, man starts to make the decisions on who's worthy and who's not, what rights you have and what you don't have and there is one of them. Well, deeply suffering, it's the humane thing to do. This is the Fabian society over in Europe, the Nazis I'm sorry the Fabian society over in England and Australia, the Nazis over in Germany, the communists in the former Soviet Union and the progressives here in America. They will decide who is a value, who is not. That is for God to decide, not for man to decide, especially when you start to run into economic troubles. Does anyone see what this leads to? How is it, how is it a planet that said we will never forget has forgotten the same conversations were had in the 1920's?

We are not these people. May I ask you, if America falls, who is there to stop it this time? If America falls, will it be Canada? Canada is maybe our best shot! Does Canada have the ability to stop the world going down this road? Does Australia? Does New Zealand? Australia and New Zealand, so close to China. If America falls, does Australia have the ability to do it? Who does? Don't you see, this is not about the almighty dollar. This isn't about your house. It's not about your job. It's not about your pension. This is about man's freedom. This is it, gang. If we fail here, the world is plunged into global darkness. This isn't about saving. Let me give you a headline, Wall Street from Bloomberg. Wall Street sees world comedy coupling from U.S. The next one comes from the telegraph in the UK, IMF admits that the west is stuck in near depression and that things are only going to get worse.

It is going to get worse. This is the time period I told you about when they were discussing TARP. Their idea is to be able to bring the plane down into the forest. It's going to rip the wings off, it's going to rip the engine off, but we will be alive and we will have each other. I was foolish because I thought they had your best interest at heart when there were so many on this globe that only have their power and their money and their own interest at heart. Some of us may be lost on the way down, but the rest of us need to look for the exits and guide others out of the plane when they finally land. Do not go where they are telling you to go, place that place might as well be the Super Dome. Where they will lead you will be a place that will not be good. This is happening because it's unsustainable, everything is too big, everything is out of control, and what do they want to do? They want to shove you into a global community where we have to share all of the resources by force. Well, you will have people like this that will tell you, whether it be grandma or a suffering child, just as the benevolent dictators of the past have done. Nazi Germany started out of compassion. People started to have the argument, my son or daughter is fighting on the front lines but they can't get medicine because your handicapped child is using the medicine, while they're trying to keep the Third Reich afloat, your son or daughter is choking us to death. It is the compassionate thing. We all survive if we cut your child loose off of medication or we just as all mothers would do, put a compassionate pillow over their face. This is not going to come in black, shiny boots. This will come with reason. This will be this will be protection. It will be safety. It will be prosperity. It's our only way to save X, Y, or Z. It will end in nightmares. You must be prepared to be a person that will stand and help others, stand and educate others. You have to, because they are revealing themselves in unbelievable ways, as people that will do and say anything for their point of view and destroy anyone that stands in their way. Evidence? I'll show you something else that has been running on TV. They've tried to scrub it even off of the Internet and think can't. Nor will they be able to have you been it off of television and they can't because I'm playing it at 5:00. It's on theblaze.com, that audio from the BBC and what is it? three ads that they don't want you to see about their environmental nonsense coming out of England, three ads that I can't I couldn't have designed an ad to make it more frightening to show you who these really people these people really are. I couldn't have designed an ad any better than they did and they didn't see a problem with it. They thought it was okay and now, now they're trying to scrub it off of the Internet. They're doing everything they can to get it off the Internet, but the genie is out of the bottle and I am about to smash the bottle open. I'll play the audio for you, but you have to see it tonight at arrest 5:00 or if you're by a computer, go to theblaze.com right now.

Glenn created "The Senate Fails to Condemn INFANTICIDE" in response to the Senate not passing Nebraska Senator Ben Sasses' bill banning infanticide early this year. In an effort to help support pro-life charities, Glenn first posted this for sale on eBay before being banned multiple times before we finally had enough and put it up for sale on bidpal.net.

At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.