Trickle Down Bankruptcy

Erick-Woods Erickson from RedState.com examines the catch-22 that local governments find themselves trapped in as the public sector balloons and the small town governments are left footing the bill. And to see Glenn lay out what happened to our economy and the solutions to get it going again, be sure to check out Broke: Restarting the Engine of America this Thursday, December, 2nd at a theater near you.

In 2009, Democrats passed the Obama stimulus plan to heal the American economy. On February 9, 2009, Barack Obama said, “More than 90 percent of the jobs created by this plan will be in the private sector.” Unfortunately for him, the White House’s house organ, the New York Times, reported on November 4, 2009, “Although President Obama initially said that 90 percent of the jobs created by the stimulus program would be in the private sector, the data suggests that well over half of the jobs claimed so far have been in the public sector.”

Being a city councilman in Macon, Georgia, I know first hand how the stimulus plan amounts to nothing more than trickle down bankruptcy.

Last year, the City Council of Macon, Georgia, along with communities across the nation, was presented with money from the Obama stimulus plan to hire close to a dozen new police officers. There was a catch. The city had to continue paying these police officers for several years after the money ran out or pay all the money back.

It presented a classic no-win situation for the city. Voting against hiring the officers in the middle of a crime wave would be a tough vote for any councilman. Voting for the new officers, however, would be an equally tough vote. The city was in the midst of laying off existing employees and cutting benefits. To hire these officers, the city would have to come up with money it did not have to ensure the city could keep paying the police officers once the federal money ran out.

Only two of us voted against hiring the police officers — myself and the Chairman of the city’s Appropriations Committee. There’ll be an election next year and finding the money to keep paying the officers will be someone else’s problem. If the money can’t be found, taxes will have to be raised.

This is typical of how both parties have operated over the years and, in particular, how this administration has operated. Consider that the federal payroll has only increased by roughly 200,000 people since 1960. Taking inflation and population growth into account, that is actually a pretty insignificant increase in employees.

At the same time, state and local payrolls have had to balloon to hire bureaucrats whose jobs are focused solely on compliance with federal programs. It becomes a catch 22 — if the states and municipalities do not go along with federal demands, the federal money does not flow for crime prevention, education, health care, and roads. If states and municipalities do comply, their overhead costs go up.

The question no one wants to ask is “why?” Why should the federal government be funding education programs or local roads programs? Certainly the feds have done so for years, but why should they? Some would argue the states do not have the resources. But if the feds were not paying for these things, the costs of the federal government could go down, federal taxes could be cut, and states could either raise their own taxes or innovate their way out of the problem.

As the federal government trickles bankruptcy down to the states and local governments, the nation will keep doing as it has always done without a reassessment regarding whether it should continue the same old approach.

Eventually, another bailout of the states will have to occur as the feds continue offloading their overhead to states. And the cycle will continue.

Erick-Woods Erickson


Editor, RedState.Com

Glenn Beck: Here's how YOU can fix the Great Reset's housing crisis

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How's the housing market looking these days? Because under Build Back Better (aka the Great Reset), investors are grabbing up homes at a record pace.

On "The Glenn Beck Radio Program," Glenn discussed a recent Redfin News report, which shows that almost one in five homes sold in the U.S. during the third quarter of 2021 was purchased by an investment firm, and many are paying tens of thousands of dollars over the asking price.

"Think of that, one in every five homes that are sold are going to a big investment firm," Glenn said. "Investors bought more than 90,000 homes, totaling more than $63 billion, representing 18% of all homes sold in the quarter. The numbers broke all records."

"The same factors have pushed more Americans to rent, which also creates opportunities for investors, because investors typically turn the homes they purchase into rentals," he continued. "And now they can charge higher rents. Rent for single-family homes surged by more than 10% in the 12 months, through September. The fastest annual rent inflation in 16 years."

"And nearly 77% purchased were bought in an all-cash transaction," Glenn added. "That's not your average person. These investment firms, like BlackRock, are going in and buying entire neighborhoods. They are the people that come in, and say, 'I'll give you $70,000 over the asking price.' ... Now, why would investment firms think they will just be able to make money paying $70,000 over the asking price? What is it that they know, that you don't know? Could they know, as the Great Reset states, that by 2030, you will own nothing and you'll like it?"

Watch the video clip below to hear Glenn offer his thoughts on how you can solve the Great Reset's housing crisis:


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On "Glenn TV" Wednesday, Glenn Beck exposes the radical plan to flip the United States from capitalism to socialism and into a lawless nation. It's an old strategy that mirrors a communist Cold War playbook. The goal now, as it was then, is this: How do they get a revolution without all that civil war stuff? It’s a five-step plan, and we're deep into several of the main steps RIGHT NOW.

Our justice system has been infiltrated by woke leftists, and something called "the progressive prosecutor movement" is methodically transforming Main Street USA into Main Street Gotham City. We can see it all over the country in places like San Francisco, with the Waukesha massacre as a terrifying glimpse into more of what's coming. And the media? They're currently running interference in one of the largest misinformation operations in history.

It’s happening at the city, state, AND federal levels. And President Trump might be one of the biggest victims of them all, a fact that even Trump critic Joe Rogan has realized on the Russia collusion hoax: “No one is being held accountable!” That ends now, as Glenn calls on Americans to push back on the lies that keep us divided in a cold civil war.

Watch the full episode below:

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A "one-world government" is being formed right now and it’s called the Great Reset, Glenn Beck said on the radio program Monday. And now, rebuild plans for the fire-damaged Notre Dame Cathedral hint at the formation of a global church, too.

In this clip, Glenn detailed plans for the iconic, 850-year-old church’s "woke" renovations that sound more like a 'politically correct Disneyland' complete with a "discovery trail," "emotional spaces," and 14 themed chapels.

"Notre Dame is now being built back better as a 'woke theme park' dedicated to environmentalism and social justice," Glenn explained.

"There will be several different chapels within, [for example] a chapel for social justice, and then chapel for environmental justice," he continued. "Which leads me to this point. The 'one-world government' is being formed, right now. One-world government. It is being formed and it's called The Great Reset."

Glenn went on to predict that one of the first steps in the direction of a one-world government will be a push for a global religion.

"I think we're seeing the first church now being dedicated to the new global religion — and it is social justice, environmental justice, and all this gobbledygook. We all know, it's not just wrong, it is dangerous. That's the first church, the cathedral of Notre Dame, in France, is the first global church. Mark my words. Christian, Jews, Muslims ... this global church will bring darkness unlike you've ever seen."

Watch the video clip from "The Glenn Beck Program" below:

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The Omicron COVID-19 variant: Should we ACTUALLY panic?

Photo by OLI SCARFF/AFP via Getty Images

As the new Omicron variant of the coronavirus approaches, it seems like those in power want everyone to be terrified, Glenn Beck argued on the radio program Monday.

The chair of the World Medical Association's Council, Frank Ulrich Montgomery, is already comparing the variant to Ebola and New York Gov. Kathy Hochul (D) has declared a state of emergency, despite the doctor who announced its discovery describing the new variant's symptoms as "unusual, but mild." So, should we really be worried or not?

In this clip, Glenn and producer Stu Burguiere reviewed what we know about the Omicron variant so far and gave a few reasons why we should wait for more information before succumbing to panic.

Note: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-related questions & concerns.

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