Prince to Poverty


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GLENN: All right. Well, let me tell you a sad story that the liberals will like because it involves tragedy. It involves somebody struggling in today's economy. His name is Jefri. Poor little Jefri. He's a brother. Brother was successful. Jefri had to make it out on his own. He had a paltry salary and now he can't make it. He's the younger brother of the sultan of Brunei. Now, the sultan, of course, been ruling the country since the 1960s. Using money from the prince, the brother, bought a few houses around the world. He had -- what, you don't have a couple of cars? Okay, he had 1700 exotic sports cars and luxury cars. He had a 180-foot yacht which he named after a woman's -- well, it starts with a T, ends in "Its." That's just the name of the boat. That's just what's on the 180-foot yacht, it's got that on the back, okay? Just that. And his two utility boats that, you know, they can put down on the water and they can zip around and take you in to shore and stuff named Nipple 1 and Nipple 2. So this guy is very, very classy. He currently has three wives and 18 kids. So he's struggling. He's struggling. He's got 18, 19, 20, 21, 20 -- counting his, 22 mouths to feed. It's craziness. Some of the kids are from previous wives. So he's also got, you know, exes that he's paying for and, of course, he's also, you know, got women that he didn't marry that he had children with. But that's -- let's not get bogged down in all the facts. People make mistakes, okay? Who are you to judge? Now, the prince for many years had a good job. He was working hard. He was the finance minister of Brunei. Kind of a bad move for Brunei but, hey, they didn't know. Stop judging these people.

Prince Jefri not shy with the state's money. He spent $475 million on a few Rolls Royces and he spent $78 million at the Italian sports car company and $900 million at a British jeweler, later bought the jeweler out for $385 million because you never know. Hey, I show up and you're not open. What am I supposed to do for jewelry. You know what I mean? Let me just -- how much for all of it?

In 1993 he bought the Helmsley Palace Hotel here in New York for $200 million. He and the sultan of Brunei split up the royal air fleet of 10 jets which included a Boeing 747 and an Airbus A-340. He gave his badminton coach and acupuncturist $1.8 million each because, I mean, badminton coaches and acupuncturists are hard to find. You know what I'm saying? But he didn't stop there. He got caught up in this, you know, keeping up with the Joneses. He amassed a world class art collection. He used states funds to buy a Manet, not to be confused with a Monet for 24 and a Renault for $20.5 million. Now, the prince says the sultan was aware of all this spending. He said, you know, I've been spending it for several years, you know. I built a beachfront house, you know, some place I could kick back on the weekends and it had a sports complex in the beachfront house, and you wouldn't want to build it without it. But he said the sultan knew I built it, you know, and my allowance was only $20,000 a month. You can't build a house like that, you know, for -- you can't build a house for $20,000 a month.

I hate to point it out to Jefri, but you can but they usually don't have sports complexes in it, beachfront. He said, "I thought our government, I thought our government spending was out of control," you know, this according to the sultan. And, you know, it might have been. I mean, he spent 2,159 years worth of his allowance just on Rolls Royce cars.

So how did it all go wrong? You're saying Glenn, cut to the chase. I mean, I've heard this story, sure, but where did it go wrong? Well, in the late 1990s depressed oil prices led to a financial crisis in Brunei. I'm not a financial guru but it might have been the $900 million in jewelry that, you know, might have hurt the economy a bit. And so Brunei hired Arthur Andersen. I hate that guy. Him and his buddies come in. "Oh, Arthur can find the money." And they wanted him just to comb through the agency's, the investment agency books to see if they could dig anything up. I think it was probably pretty tough to figure out what was going on there, you know, with a $475 million spent on Rolls Royces. But the older brother got a little upset and called for the prince's ouster and said, hey, we're going to fire you, you know, how dare you use state funds for all of this. And, of course, the sultan has every right to be upset. I mean, he's living a humble lifestyle himself while his prince of a brother is spending all the dough and, you know, he watches his brother build a beachfront palace. All the while he's trapped in his 1788-room bungalow that just the house covers 49 acres. So can you imagine? You know, you see your brother living it up like that.

So they are embroiled now in a court battle to get Prince Jefri to give all the money back but he says, you know, I don't have it anymore. And the prince is saying, look, all I need is a few hundred million dollars and a couple of my houses. I mean, is that too much to ask for? Really? Shouldn't the government of Brunei bail him out? Okay, sure, he made a couple of bad investments, but he was lured in by the teaser rate on the Rolls Royces.

Glenn Beck has been warning since last summer that you would not recognize your country in a year. Well, it's not even summer yet, and he says he already doesn't recognize the country.

Do you recognize an America in which people are making more money off government unemployment benefits than they can make by working, inflation is ramping up, housing, supply and labor shortages are widespread, and the current administration gives cybercriminals from Russia a free pass after the biggest cyberattack on our nation's infrastructure to date?

On the radio program this week, Glenn pointed out that while businesses all over the nation are downsizing, one brand store is actually booming — and it says a lot about the state of the economy and what it means for our country's future.

Watch the video clip below to hear more from Glenn:

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The largest American gas pipeline shut down on Friday due to what experts told the media was the "most dramatic cyberattack on U.S. soil to date." Investigators are looking at a group believed to be based in Russia known as "DarkSide."

It's time our leaders in the White House take national security seriously because this isn't the first time enemies of the U.S. — namely Russia and China — have used the cyber world to attack our nation and weaken our infrastructure, Glenn Beck argued on the radio program. Between Russia, China, and Iran — which President Joe Biden is now trying to make another nuclear deal with — it looks like the "Axis powers" of a "digital World War III" are lining up

"The journalists seem to care about the price of gasoline for the first time. Is it because they actually care? Or is it because they're trying not to focus on the fact that this was an attack most likely from Russia? And it isn't the first cyberattack from Russia of the year ... maybe we should be paying attention, to Vladimir Putin," Glenn began.

"And by the way, the pipeline going down, that's not the only [cyberattack] happening now," he added later. "Thirty thousand U.S. victims, small businesses and local governments, were hacked by cyber espionage units backed by the Chinese government in January of this year."

"There is an 'Axis power.' It is Russia and China. And, by the way, who is also aligned with Russia and China? Iran. Wow, this is weird," Glenn surmised. "But don't worry about that. Just leave your dog tags on another table. Let's not talk about China. Let's not talk about who actually crashed the jugular of our oil pipelines. I don't want war. But I got news for you ... this Biden administration is doing the job for our enemies."

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Canadian clinical psychologist, author, and cultural firebrand Jordan Peterson is no stranger to cancel culture. Ever since he was thrust into the culture war, he has faced one controversy after another, stirred up by the woke elites who hate him with a passion. But although they have tried to make him pay for speaking out so fearlessly against their message, he refuses to back down and he believes you should, too. He joined "The Glenn Beck Podcast" this week to explain why.

"There is a growth of the reluctant hero in all stories ... so many people think that they don't have what it takes, that they're not the hero," Glenn said to Peterson. "How do you get people to recognize and then have the courage to stand? You've taken a beating ... why is it worth it and how do you get there?"

"I think it's worth it because I believe the alternative is worse ... to stay silent when you have something to say," Peterson replied. "You don't know what it is within you that requires your voice, right, because you feel like 'I have something to say.' Where does that come from exactly, that feeling that you have something to say?

"Maybe you're disgruntled at work and you're choking on your own bile because the situation is not just in your estimation," he continued. "You're dying to say something, but you won't. Well, you'll die if you don't say it. Maybe it's a death by a thousand cuts. I don't like deferred punishment. I'd rather take it now and keep the future clean, which is why I encourage people to have the fights now, not to hide things in the fog for later. They grow and metastasize. It's better to confront what you need to confront when it's small and you have some possibility of victory."

Watch the video clip below to catch more of the conversation, or find the full podcast with Jordan Peterson here:

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Top officials at the Federal Reserve are doing what they can to sugar coat what's ahead for our economy, telling Americans we may hit a "transitory" period of inflation that will settle by 2022. But Bank of America is saying something different. The bank's latest earnings call commentary warned "at the very least" transitory hyperinflation is ahead.

Watch the video clip below to hear Glenn Beck explain what this means for prices and for our economy.

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