Backlash against Fed's $600 billion QE2 builds




Learn more about Glenn Beck's Broke


Now Available!

GLENN: But because of quantitative easing, and let me give you the warning

yesterday, from the Chinese, the unbridled printing of dollars is the biggest

risk to the global economy. This is according to an advisor of the Chinese

Central Bank. He said: Quote as long as the world issues no restraint in global

currencies such as the dollar and this is not easy, then the occurrence of the

crisis is inevitable as quite a few westerners lament." So what does that mean?

Most people don't understand when you read these headlines on the drudge report

today. Oil above 87 -- I'm sorry, oil at $87. Backlash builds against Feds

pumping. Dollar at risk of crashing, triggering inflation. Brazil ready to

retaliate for U.S. move in currency war. Chinese warns Fed move is a huge risk.

Germany concerned. Most people don't understand what any of that means. I'm

going to be cryptic here, because I cannot tell you the names of the people

involved, because I don't have the permission of all of the people involved to

tell you this story. But you know me. You know me well enough to know that I'm

not talking to -- I'm not talking to fringe players. I am talking to people --

when I have told you things about TARP, when I've told you things, it is because

I have enough contacts with people who are not peripheral players but players

that have been in these rooms as things have happened. Yesterday I had a

conversation with somebody. And I had a conversation with somebody who two weeks

ago wouldn't have believed me. And this is a -- help me out here, guys -- this

is an individual who.


STU: Very well connected.


GLENN: Very well connected.


PAT: Knows people in financial circles at upper levels.


GLENN: And has a history that you would know, that you would recognize. And is

in the know. Is in the game with the highest levels. She came to me and she said

to me yesterday that, after the TV show -- and I have been teasing this chart

that is being built for tonight's television show, that shows in 15 days, not

the next 15 days, in any given 15-day period.


PAT: After some major event.


GLENN: Major event, a 9/11 happens, a big event or China. And this is the event

we use. China just says we're not going to buy any more of America's debt. Now,

it could be -- the event could be the Congress and the republicans keep to their

promise and do not raise the debt ceiling. That's a big enough event to trigger

this. From the day that event happens, it will take about 13 days for the world

to change as you know it. And when I say that, I mean everything changes. Global

catastrophe. Global panic. What I told you three years ago, four years ago was

coming, three years ago when it started to happen and they were talking about

TARP, was that three years ago? I think it was. Wasn't it?


STU: Two, right?


GLENN: Two years? When that started to happen, I told you we're headed for a

mountain and we're going to crash into the mountain. You've got to prepare. What

they're trying to do with TARP was take us down into the trees. Well, they have

prepared. Again, the question is, have you? What happens? China says we're not

going to buy any more bonds. The world freaks. And in the few days, the Fed

comes in and they say: We're going to raise rates. We're going to raise the

yield on bonds. So you can make a lot of money. Everybody buy bonds. What

happens? Europe raises them faster than we do, because as soon as people lose

confidence in our bonds, the rest of the world says: Wait a minute, wait a

minute, buy us. So they start competing. Pour your money here. Everybody is

competing. Gold is competing. Food is competing. Everything is competing for all

these dollars that are now no longer going to go into bonds. And so the world

gets spooked. And it lasts about a week. Then things just start coming apart at

the seams. And Asia starts to crash. The Asian markets crash. The European

markets crash. The Dow crashes. I mean, we're talking about serious crashes.


PAT: And this person said that a week ago they wouldn't have believed any of

this scenario, right?


GLENN: Listen to my monologue. Listen to me explain it over the last couple of

days what quantitative easing means and what it means to your food prices, and

then laying out on the board, which I have in the last couple of days, what's

coming tonight, I'm going to show you this tonight, I'll show you this 15-day

scenario. She said she was in a room and she said there were three speakers

there. And these were -- how would you describe these three speakers?


PAT: Heavy weights. Financial heavy weights.


GLENN: Heavy weights. Governmental and outside financial heavy weights.


STU: Non-partisan. Not a partisan group.


GLENN: Yes, people who have been -- people who are viewed as keels, wouldn't you

say?


STU: If I knew what you meant by "keels," then yes.


GLENN: An even steady keel of a ship.


STU: Even keel?


GLENN: Yes.


STU: That's what that means. I just knew even keel meant even. I went with the

even part of keel.


GLENN: Something that keeps the ship upright. Somebody that's not one side or

the other. They're just right down the center.


PAT: Even keeled people.


STU: People paid a lot of money to make sure they're making measured decisions.


GLENN: Very measured. First one gets up and they're having this little breakfast

and the first one gets up and says, hey, I want to tell you what I think is

coming. She says -- we're all sitting around going: You gotta be kidding me. She

said the next person gets up and says -- it's actually a little worse than what

he said. She said -- she said now the real guy, who is like rock solid, nobody,

everybody in the room was expecting him to get up and say: These guys, I

disagree with. Instead he got up and he said: It may not happen that way, but

there's a good shot that this stuff happens. And people have to be prepared.


STU: You might expect me to disagree with these two.


GLENN: Yes. But I can't disagree with them. I think there's a chance that this

stuff happens. And people must be prepared.


PAT: And this guy said it wasn't inevitable, right? But there's a good shot.


GLENN: I'm not saying it's inevitable either. I'm just saying that these things

are growing, growing concerns. What people said about they would never -- they

testified a year ago that they would never buy their own debt and they testified

under oath. They're doing it in historic records.


PAT: Because these things are possible, this is why you're shining the light on

it, not to fear monger, but to get people -- I've always disagreed with the

world renowned FDR statement: We have nothing to fear but fear itself. What does

that even mean? We have nothing to fear but being unprepared. If you are

prepared, you need not fear anything, because you've got something -- you've got

a fall-back position.


GLENN: You don't have to worry about -- you don't have to worry about your

retirement if you prepared for your retirement.


PAT: Right. What's scary is retiring and you've got nothing. You're looking

around thinking I've got Social Security, 900 a month?


GLENN: If you've put nest eggs away and you're not in great debt, because you

prepared for the possibility of unemployment, you don't fear unemployment.


PAT: So how do you get prepared in something like this? You get food.


GLENN: You buy food.


PAT: If nothing happens, good.


GLENN: The thing we do know is coming is inflation on food. You'll have

deflation in some things and inflation wherever there's a hard commodity. Oil.

So that means your tires are going to be more expensive. That means anything

made with an oil-based product.


STU: Which is everything.


GLENN: Which is everything, that is going to be more expensive. Gold is going to

be more expensive. But wheat, flour, sugar. Sugar has gone up like 58 percent in

three months, did you know that.


STU: No. How much?


GLENN: Like 58 percent.


STU: Has it really?


GLENN: But the price of sugar hasn't. The commodity sugar has. So what's

happened here is what you're paying for on the shelf has not been passed on to

you yet. And all of these producers, they know -- they've been holding on and

they're like, okay, I can't -- I'm General Mills, I'm hoping this is going to

pass. We'll eat it for a while because, for instance, if we pass on this then

it's going to hurt the restaurants and everything else. And the restaurants are

going to -- they're going to have to pass it on to their customers. Everybody's

been holding on as much as they can because people start to hold onto their

money tighter and that makes things worse. General Mills just came out and said,

it's, what, a five percent increase in cereal. This is before the quantitative

easing. Five percent increase in cereal. Sugar is now going up I think 10, 12,

or 18 percent. All of these things are really starting to climb in price. The

best case scenario is it's going to be more expensive to buy food and gasoline

and oil-based products in the coming months. Tonight I will show you

catastrophic collapse and what it means. In 15 days from an event, a 9/11, let's

be crazy and let's say somebody sends packages with bombs all around the world

and planes fall out of the sky.


STU: That would never happen, come on.


GLENN: I know. A catastrophic event, and how it leads in 15 days to a new world

order. This woman said -- she came up to me yesterday and said: A week ago, a

week ago I wouldn't have believed you. But I sat in this meeting and these guys

said that's what's coming. They think it's a possibility that's really coming.

We all sat there with our mouths open. Now, no one will tell you these things

because they believe that, oh, well, it's crazy and the people are too stupid,

they'll panic. No you won't. You panic when you don't have information. You

panic when you can't see what's around the corner.


PAT: You panic when it's too late to do anything about it.


GLENN: Exactly right.


PAT: That's why this is so important.


GLENN: It's not too late to do anything. Because you -- and I've said this to

you now for a long time. You must be a leader. You must be a leader, because

there will be people that will pull us apart. We must stay together.

The conditions in Afghanistan under the Taliban rule — for Americans, allies, Christians, women and more — continue to deteriorate, and the people there continue to plead that we will not forget them. On the radio program Monday, Glenn Beck gave an emotional update on current evacuation efforts, including the tragic story of one girl — an American passport holder — who was not rescued in time.

"I have a pit in my stomach like I haven't had in a while. What is happening in Afghanistan is both miraculous and horrendous," Glenn began. "What's going on right now one of the most amazing things I've ever personally witnessed — the evacuation of Americans, those [Afghans] who helped us, Christians that are dying, women that are under incredible conditions. I see things that I can't show you. I see the pleadings from people who are in safe houses, 'Please, don't forget us.' I see what they're being sent by the Taliban.

"If I die today, my entire life will have been worth it for what you have helped get done, in just the last three weeks. You have saved well over 5,000 people," he continued.

Fighting back tears, Glenn added, "I ask that you pray for those in the Middle East, that are in the midst of doing work, that a Moses-style miracle will happen. ... There are several people that are in dire need of medical care. Friday, we told you — along with the congressman from Oklahoma [Rep. Markwayne Mullin] who had just returned — [about] a father and two daughters that were blue passport Americans, and a mother who had a permanent residence, a Green Card. The daughter was very ill. And they thought, that if we couldn't get her out of there, that she would lose her legs. I got a call on Saturday morning, that we were too late, that she didn't lose her legs. She lost her life, waiting. There are now two Americans, instead of three."

Glenn showered his audience with gratitude, repeating that "well over 5000" lives have already been saved because of their incredible generosity, but lamented that there are still thousands more people yet to be saved.

Watch the video clip below to hear more updates from Glenn:

.

To donate to these rescue efforts, visit NazareneFund.org or MercuryOne.org.

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 pulled her sons out of the private elementary school they attended after she learned that the boys were asked "weekly" if they were still sure they were boys. But that's not all that this "experimental transgender education program" taught.

Megyn joined Glenn Beck on the radio program to tell the story, which she thought had ended when the school apologized, and to talk about what's next for America as our leaders refuse to promote actual psychological support for our kids and instead "parade" transgenderism as the solution to their problems.

"When [my son] was in third grade, I found out they unleashed a three-week experimental transgender education program on these boys, with really inappropriate videos. The kids were confused. These are 8- and 9-year-olds, Glenn. They have no idea what the school is even talking about with the trans thing. They got really in-depth, with really in-your-face videos — and then parents complained. And the school did something it hasn't done in its 400-year history, which was they apologized. Even they realized they had done wrong," Megyn explained.

"But, then I said to my son a year later, so did they ever round back to the trans thing? Like, whatever happened with it? And he said ... they bring it up every week. ... [They ask] how many people here still feel confident that they're a boy? Do you still feel sure you're a boy?" she continued. "This is not support. This is not nonbullying. This is indoctrination. And it's deeply confusing to the children, and wrong."

Megyn went on to give examples of how she's seen trans ideology turn "support, nonbullying, kindness, friendship, allyship, on its head."

"The absolute surrender of the medical community to this insanity is a scourge on this nation. It's disgusting what is happening with our doctors," she added. "There are people who are legitimately transgender, or who have gender dysphoria. And for those people, we should be supportive and they should get the care that they need. But what we've done instead, is taken everyone who expresses any kind of gender confusion and said, you're trans. You're trans. And we have our psychiatrists doing this."

"It's crazy," Megyn asserted. "The fact that we're doing this so willy-nilly in the name of allyship and support, it's abusive. It's criminal."

Watch the video clip 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.

"Never forget" is not only a tribute to those we've lost, it's a warning that it could happen AGAIN. On "Glenn TV" Wednesday, Glenn Beck looks back 20 years ago to the modern generation's Pearl Harbor moment. A day of infamy we're STILL feeling repercussions from.

But in remembering 9/11, we need to look toward the future because the Biden administration is setting us up for the NEXT 9/11. They bungled the Afghanistan withdrawal, and now we have video of top al Qaeda commanders — who served with Osama bin Laden — returning to the country. But could America survive another terror attack?

Glenn asks former NYC Mayor Rudy Giuliani, the leader who brought America back from the brink. He tells Glenn about the moment he learned the Twin Towers were struck, the actions he took to prevent more terrorism, and if he thinks NYC could survive another attack under Mayor de Blasio's leadership.

Glenn is also joined by Rev. Johnnie Moore, author of "The Next Jihad." He warns that Biden's policies in the Middle East are Obama 2.0, and "if you thought ISIS was bad, you haven't seen anything yet. We must keep our eyes on Iran."

Watch the full episode of "Glenn TV" below:


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.