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Glenn Beck: Feds bailed out Euro banks

December 02, 2010
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The Glenn Beck Program



Glenn Beck is seen here on GlennBeck.TV, a feature available exclusively to Glenn Beck Insider Extreme members. Learn more...

GLENN: We're starting the show here just kind of, kind of circling this hyperinflation thing because the Fed released yesterday that they are bailing out first we are sending another, what, $900 billion, almost another trillion dollars now to the IMF to bail out Europe. What the hell are our tax dollars going over to Europe for? Why are we bailing Europe out? Mutually assured economic destruction. I told you this was happening and it is. Mutually assured economic destruction. They will say if we don't bail out Europe, well, if Europe goes down, we go down. Good. This is not going to work. What are we doing? Americans need to understand what you already do, but they need to understand that this whole, this whole thing is nonsense and it is pushing us into a global structure. That's what's happening over in Germany now. They're already Germany is the one that is going to be the industrial engine of Europe, and everybody is pushing all of their loans basically into Germany. And we're going to bail everybody out? It's not possible. And even Bernie Sanders, Bernie isn't Bernie Sanders a communist?

PAT: He's socialist.

STU: Admitted socialist, yes.

GLENN: Okay, he's a socialist. Even Bernie Sanders said, quote, the American people are finally learning of the incredible and jaw dropping details of the Fed's multitrillion dollar bailout of Wall Street and corporate America and now Europe. He's disgusted by this. $3.3 trillion now has been revealed from the Fed and we do you trust that we know? On one hand the president is always saying that we are we can't trust the banks? Well, who's the Fed? Banks.

We're going to go through some of this tonight in the movie theatres. We're live here in Pittsburgh, tonight live at the Benedum Theater. It's a soldout performance. And then you can watch it in movie theatres tonight. And it's kind of a town hall meeting on what are we going to do? And I think this I think these things are all starting to come together. You know, when I talk about hyperinflation a year ago, everyone, everyone said, not going to happen, not going to happen, not going to happen. What is the percentage of Americans that now think that real inflation is coming down the pipe? What do you suppose that is?

STU: You mean real inflation or hyperinflation? What's

GLENN: Real inflation. There's a difference between real inflation

STU: Like Jimmy Carter esque inflation?

GLENN: Yeah.

STU: Like 18%?

GLENN: Yeah.

STU: Something like that?

GLENN: Which would be a dream come true if we only had 18%.

STU: I don't know if it's a dream come true.

GLENN: Only 18% inflation?

PAT: That would be good.

STU: It's the worst we've had in how long?

PAT: It's better than a quintillion percent.

STU: Slightly.

GLENN: May I make a prediction. In the next two years the Fed, if you can even verify this, the Fed will print between $3 and $7 trillion.

STU: I don't know how you'd verify that, I mean, unless they pass the audit

GLENN: You'll verify it at the grocery store.

STU: Yeah.

GLENN: You'll verify it at the grocery store. They will issue another $3 to $7 trillion. You watch. You watch.

So anyway, what was the number that we were looking for? This is the world record on hyperinflation.

STU: Yeah, that didn't last particularly long but if it were to have lasted for an entire year in Hungary at the absolute peak, prices would double about every 15 hours. So over the course of the year that $3 gallon of gas would double 584 times, which doesn't sound like a lot until you start seeing how big those numbers get. It's big enough that my Excel sheet wouldn't fit on my screen. I had to change the zoom so I could actually see the entire number on the screen at the same time.

PAT: Wow.

STU: So the basically what it is is 95 followed by

GLENN: Wait, wait, wait. For a

PAT: This is for a gallon of gas.

GLENN: This would be for a gallon of gas?

STU: Yeah, for a gallon of gas.

GLENN: A $3 gallon of gas at the end of the year, you would be charged for a gallon of gas how much?

STU: 95 followed by 173 zeroes. Now, you might recognize that as almost a sexagintillion. It's not quite that I mean, but it's a

GLENN: A sexagintillion?

STU: A sexagintillion. And that number might not be familiar to people.

GLENN: Do you know what it is?

STU: To keep it simple, it's a thousand trigintillion.

GLENN: What?

STU: Yeah, a thousand trigintillion.

GLENN: Trigintillion?

STU: A thousand trigintillion, of course, is a sexagintillion, which everyone knows.

GLENN: May I, may I just point out, sexagintillion, that means your money is so bad, it just means go home and have sex. That's what it is. Gas is so high, you need to go and have sex.

STU: That's when sex becomes the currency.

GLENN: Oh, I think that sex becomes currency before you hit that number.

Glenn Beck: Electricity shortages in China mean empty shelves ARE coming. Here's how to PREPARE

On the "Glenn Beck Radio Program," Glenn explained why he wouldn't be surprised to see our supply chain collapse and empty shelves in America in the near future. Shortages are already wrecking our economy, China (where many of our goods are still made) is facing an energy shortage, and the Biden administration sure seems to be doing everything it can to make things worse.

Glenn noted a serious warning from American CEO Mike Beckham: "There's a major storm brewing in the supply chain," Beckham wrote on Twitter.

Thanks to China's centrally planned system, electricity shortages are causing huge delays in product manufacturing. In fact, some items are facing a 33 percent cut in production. "It could dramatically impact every [American's] life next year. But almost no one knows about it yet," Beckham warned.

Glenn went on to explain exactly what this means for you — and what you can do to prepare.

Watch the video clip below to hear Glenn break it down:


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.

Bill O’Reilly: This is the ONLY way to stop Biden’s DISASTROUS power

Every decision made by President Joe Biden has ended in "disaster," Bill O'Reilly told Glenn Beck.

O'Reilly joined the radio program to explain why he thinks there's only one "mechanism" Americans can use stop the Biden administration's mess.

"Give me one thing that [Biden] has done, just one, that's improved this nation. Everything that he has been involved with is a disaster. Everything from the COVID mandates, to the energy policies, to the economic policies, to the inflation, to Afghanistan, to the collapsing southern border, to the social woke business, to the denial of due process. Right across-the-board, there isn't anything this man has done, or stood for, that's improved America," O'Reilly said.

"But there is no mechanism to do anything about it until a year from this November: the midterm elections. That's the only mechanism that we have, under the Constitution. We elected this guy and he's there for four years. You neutralize him next November [2022], with the Republicans taking back the House and Senate, then he's done. [He] can't do anymore damage because you've got him in a hole. And he's not going to be proactive with executive orders. He's just going to stay there in his jammies for two more years. OK? So that's the only mechanism."

O'Reilly also tore into the corporate media for using its power to defend Gen. Mark Milley after news of his China calls broke. Is there any deterrence in American society anymore to keep our leaders and media in check?

"What does this say to the United States of America when you have two of the most powerful information agencies in the world — NBC, Comcast, and AT&T, CNN — actively deceiving you?" O'Reilly said. "They know what they're doing. And yet there is absolutely no way for anyone to hold them accountable other than not watching them, which has, of course, happened. You know they have no audience. But just the corruption level of the information flow to the American people is at an all-time high. We have never had a worse media in the history of this republic."

Watch the clip below to hear O'Reilly break it all down:

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.

'The Great Resignation': Gen Z is proving Marx wrong yet again

EpicTop10.com

Twitter is full of fake communists. Privileged teenagers and 20-somethings who tweet about Karl Marx from their iPhone, safe inside their parents' house.

A recent example of this is the "What is your job on the Leftist commune?" meme. It began as a tweet from some anonymous Twitter Marxist, asking "What is your job on the Leftist commune?"

She continued, "I'm gonna be leading discussion on theory some days, making clothes from scraps other days, and making lattes whenever needed."

The tweet got thousands of likes, retweets, and comments. Things like, "Bringing everyone water. Pouring tea and hot cocoa for folx in the reading alcoves. Checking in and doing a pause-to-breath with folx."

By the way, "folks" is spelled with an "x" for some reason.

Other commune occupations included "proofreading pamphlets," singing, archery, cooking, crotchet, "guiding embodiment practices," tarot card reading, "identity politic lawyering." Therapist, librarian, prostitute, and "puppy kindergarten teacher."

They're basically parroting Marx, whose communist society sounds like Woodstock or Burning Man.

They're basically parroting Marx, whose communist society sounds like Woodstock or Burning Man.

A magical place where "there are no painters but at most people who engage in painting among other things," which allows "everyone sufficient free time to take part in the general affairs of society — theoretical as well as practical," so that "there are no politicians but at most people who engage in politics among other activities."

Don't you know that communism is all about leisure and good vibes? A playground full of puppies and lattes.

Marx refers to "idle time" as a time for higher activity. He calls it "time for the full development of the individual."

Me Time. A life of spa days.

Generation Z is the first digital generation. The first generation to be born inside the internet. So it's no surprise that they have fallen for this kind of Marxist nonsense. If someone convinces you that Marxism will free you from work, of course you'd want it.

Now they're quitting their jobs in droves. The media is calling it "The Great Resignation," but really it's just a new version of Marx's anti-work movement.

Gen Z are incredibly progressive. And they expect the government to be involved. Decades of Marxist activism have finally convinced a generation that the point of work, the point of life, the point of government, is activism.

Pew Research Center found that seven in ten "members of Gen Z are more likely than older generations to look to government to solve problems, rather than businesses and individuals."

Seven in ten of Gen Z believe that the government should do more to solve problems. A majority of them are not proud of America, a majority of them hold negative views of capitalism.

They believe Marx when he says that Capitalism is only good for producing its own grave-diggers. We know that this is actually a description of communism. Actually, communism is much worse. Because it always results in mass graves.

They haven't realized that that the world that Marx foresaw is long gone. It failed. Repeatedly.

They don't realize that, even on the page, Marxism doesn't work. Because ultimately the greatest flaw of Marxism is that it forces us to choose between productive slavery and unproductive freedom. Either way, with Marxism we can never be free.

"The Great Resignation" is ultimately a crisis of freedom, identity, and exhaustion. It is, as noted in a recent Gallup report, an expression of great discontent. Gen Z feels like they have nothing to lose and nothing to gain.

But in America, there's always something to lose and gain.

But in America, there's always something to lose and gain. They just need to have a little patience.

For the most part, Americans adhere to the libertarian maxim, "As long as you're not hurting anyone…." It's our undeniable belief in the goodness of the people around us. If you've traveled out of the States much, you know this to be true. There's a spirit inherent to America, and it is overwhelmingly good in nature.

Marx's utopia would ruin us. It would make us as lazy as Marx. A man who lived off other people his entire life. A man who had no loyalty to any nation because no nation wanted him. He was stateless. Do you realize how awful a person has to be for them to be stateless?

Maybe Gen Z just needs to see America at its finest.

Marx's utopia would quickly become disgusting. It would leave us feeling empty. Hopefully, they realize this before it's too late. For their own sake. Because, if America ever actually fell to communism, they would be the first ones against the wall.

EXPOSED: Here's what's ACTUALLY in Biden's $3.5 trillion bill

When the government plans to spend $3.5 trillion that it doesn't have on a loose definition of "infrastructure," it's a good idea to know what's actually in it.

On the radio program, Glenn Beck revealed some of the expenditures Democrats hid in the bill, like a 10-fold increase in fines for employers who don't comply with the government's COVID-19 mandates, "equitable" bankroll for Biden's Build Back Better agenda, and "climate justice" funding.

"Let me tell you what's in our infrastructure bill, the $3.5 trillion bill," Glenn began. "Nancy Pelosi quietly tucked an enforcement mechanism into the $3.5 trillion reconciliation bill, passed it down to the budget committee, and sent it to the House floor. It's something you should know about, on page 168. I know, why read it? It's 2,465 pages."

Glenn pointed out the huge fees for certain businesses that refuse to comply with the Biden administration's proposed vaccine mandates. The fees could be as much as $700,000.

"Up to $700,000 ... that will kill all companies that are noncompliant. Kill them. That's 80 million of us who work in companies that are going to be fined in that way, if they don't bow the knee to the king," he said.

Glenn and Stu Burguiere went on to discuss more Democrat "wish list" items hidden inside this reconciliation bill, such as establishing "business incubators" who are authorized to disperse tens of billions of dollars to startup businesses in underserved areas, including the formerly incarcerated, and exclusive to businesses less that five years in operation or in "the planning stages."

"These sorts of businesses are the most risky place to put your money. Well, that matters when it's your money. But if it's not your money, who cares how risky it is. It's our [taxpayers] money so they don't care at all," Stu noted.

"Well, there's also $5 billion for climate justice block grants to pay for community organizations for, among other things, facilitating engagement of disadvantaged communities in state and federal processes," Glenn read. "Wait a minute. 'Facilitating engagement of disadvantaged communities in state and federal processes'? Organizing votes — that's what it sounds like."

"This is essentially all of us funding the fever dream of Barack Obama," Stu said.

Watch the video clip below for more details:

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.