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Glenn Beck: Feds bailed out Euro banks

December 02, 2010
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The Glenn Beck Program



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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.

Critical race theory: The revolution of constant whining

Flickr/GaryStevens

Most self-proclaimed Marxists know very little about Marxism. Some of them have all the buzzwords memorized. They talk about the exploits of labor. They talk about the slavery of capitalist society and the alienation caused by capital. They talk about the evils of power and domination.

But they don't actually believe what they say. Or else they wouldn't be such violent hypocrites. And we're not being dramatic when we say "violent."

For them, Marxism is a political tool that they use to degrade and annoy their political enemies.

They don't actually care about the working class.

Another important thing to remember about Marxists is that they talk about how they want to defend the working class, but they don't actually understand the working class. They definitely don't realize that the working class is composed mostly of so many of the people they hate. Because, here's the thing, they don't actually care about the working class. Or the middle class. They wouldn't have the slightest clue how to actually work, not the way we do. For them, work involves ranting about how work and labor are evil.

Ironically, if their communist utopia actually arrived, they would be the first ones against the wall. Because they have nothing to offer except dissent. They have no practical use and no real connection to reality.

Again ironically, they are the ultimate proof of the success of capitalism. The fact that they can freely call for its demise, in tweets that they send from their capitalistic iPhones, is proof that capitalism affords them tremendous luxuries.

Their specialty is complaining. They are fanatics of a religion that is endlessly cynical.

They sneer at Christianity for promising Heaven in exchange for good deeds on earth — which is a terrible description of Christianity, but it's what they actually believe — and at the same time they criticize Christianity for promising a utopia, they give their unconditional devotion to a religion that promises a utopia.

They are fanatics of a religion that is endlessly cynical.

They think capitalism has turned us into machines. Which is a bad interpretation of Marx's concept of the General Intellect, the idea that humans are the ones who create machines, so humans, not God, are the creators.

They think that the only way to achieve the perfect society is by radically changing and even destroying the current society. It's what they mean when they say things about the "status quo" and "hegemony" and the "established order." They believe that the system is broken and the way to fix it is to destroy, destroy, destroy.

Critical race theory actually takes it a step farther. It tells us that the racist system can never be changed. That racism is the original sin that white people can never overcome. Of course, critical race theorists suggest "alternative institutions," but these "alternative institutions" are basically the same as the ones we have now, only less effective and actually racist.

Marx's violent revolution never happened. Or at least it never succeeded. Marx's followers have had to take a different approach. And now, we are living through the Revolution of Constant Whining.

This post is part of a series on critical race theory. Read the full series here.

Will we EVER see justice in the FBI, Trump, Russia investigation?

Americans are losing faith in our justice system and the idea that legal consequences are applied equally — even to powerful elites in office.

Rep. Devin Nunes (R-CA) joined Glenn Beck on the radio program to detail what he believes will come next with the Durham investigation, which hopefully will provide answers to the Obama FBI's alleged attempts to sabotage former President Donald Trump and his campaign years ago.

Rep. Nunes and Glenn assert that we know Trump did NOT collude with Russia, and that several members of the FBI possibly committed huge abuses of power. So, when will we see justice?

Watch the video clip 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.

Glenn Beck: Rand Paul was RIGHT to say Dr. Fauci LIED about gain-of-function

The corporate media is doing everything it can to protect Dr. Anthony Fauci after Sen. Rand Paul (R-Ky.) roasted him for allegedly lying to Congress about funding gain-of-function research in Wuhan, China.

During an extremely heated exchange at a Senate hearing on Tuesday, Sen. Paul challenged Dr. Fauci — who, as the director of the National Institute of Allergies and Infectious Diseases, oversees research programs at the National Institute of Health — on whether the NIH funded dangerous gain-of-function research at the Wuhan Institute of Virology.

Dr. Fauci denied the claims, but as Sen. Paul knows, there are documents that prove Dr. Fauci's NIH was funding gain-of-function research in the Wuhan biolab before COVID-19 broke out in China.

On "The Glenn Beck Program," Glenn and Producer Stu Burguiere presented the proof, because Dr. Fauci's shifting defenses don't change the truth.

Watch the video clip 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.

Critical race theory: A special brand of evil

wal_172619/Pixabay

Part of what makes it hard for us to challenge the left is that their beliefs are complicated. We don't mean complicated in a positive way. They aren't complicated the way love is complicated. They're complicated because there's no good explanation for them, no basis in reality.

The left cannot pull their heads out of the clouds. They are stuck on romantic ideas, abstract ideas, universal ideas. They talk in theories. They see the world through ideologies. They cannot divorce themselves from their own academic fixations. And — contrary to what they believe and how they act — it's not because leftists are smarter than the rest of us. And studies have repeatedly shown that leftists are the least happy people in the country. Marx was no different. The Communist Manifesto talks about how the rise of cities "rescued a considerable part of the population from the idiocy of rural life."

Studies have repeatedly shown that leftists are the least happy people in the country.

Instead of admitting that they're pathological hypocrites, they tell us that we're dumb and tell us to educate ourselves. Okay, so we educate ourselves; we return with a coherent argument. Then they say, "Well, you can't actually understand what you just said unless you understand the work of this other obscure Marxist writer. So educate yourselves more."

It's basically the "No True Scotsman" fallacy, the idea that when you point out a flaw in someone's argument, they say, "Well, that's a bad example."

After a while, it becomes obvious that there is no final destination for their bread-crumb trail. Everything they say is based on something that somebody else said, which is based on something somebody else said.

Take critical race theory. We're sure you've noticed by now that it is not evidence-based — at all. It is not, as academics say, a quantitative method. It doesn't use objective facts and data to arrive at conclusions. Probably because most of those conclusions don't have any basis in reality.

Critical race theory is based on feelings. These feelings are based on theories that are also based on feelings.

We wanted to trace the history of critical race theory back to the point where its special brand of evil began. What allowed it to become the toxic, racist monster that it is today?

Later, we'll tell you about some of the snobs who created critical theory, which laid the groundwork for CRT. But if you follow the bread-crumb trail from their ideas, you wind up with Marxism.

For years, the staff has devoted a lot of time to researching Marxism. We have read a lot of Marx and Marxist writing. It's part of our promise to you to be as informed as possible, so that you know where to go for answers; so that you know what to say when your back is up against the wall. What happens when we take the bread-crumb trail back farther, past Marxism? What is it based on?

This is the point where Marxism became Marxism and not just extra-angry socialism.

It's actually based on the work of one of the most important philosophers in human history, a 19th-century German philosopher named Georg Wilhelm Friedrich Hegel.

This is the point where Marxism became Marxism and not just extra-angry socialism. And, as you'll see in just a bit, if we look at Hegel's actual ideas, it's obvious that Marx completely misrepresented them in order to confirm his own fantasies.

So, in a way, that's where the bread-crumb trail ends: With Marx's misrepresentation of an incredibly important, incredibly useful philosophy, a philosophy that's actually pretty conservative.

This post is part of a series on critical race theory. Read the full series here.