Prince to Poverty


The sultan, the prince and the missing $14bn of government oil wealth

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.

Thanks to a recent report from the Federalist, we now know of an ‘insidious’ White House plan to significantly alter commercial sales of ammunition. Not only would this plot skyrocket the price of ammunition for everyday consumers, but it could create a national security risk by limiting one factory’s ability to produce for the military under war-time demand as well.

Larry Keane, from the National Shooting Sports Foundation, joined "The Glenn Beck Program" to detail this White House move, and he explained how he knows the government is lying about it, too.

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2021 was a turning point for public education in America. Remote learning revealed to parents what public schools were force-feeding their kids — everything from critical race theory to the existence of infinite genders — while performance in subjects like math and reading fell across the board.

Now, school boards and teachers' unions are facing a tidal wave of parents who want to take the reins back. But school wasn’t always like this. Glenn Beck takes us back to a time before the Department of Education and asks the question: “Are our schools getting better or worse?”

American Federation for Children senior fellow Corey DeAngelis joins to expose who’s actually benefitting from our public school system — and it’s not our kids. And former Secretary of Education under President Trump Betsy DeVos explains why it’s time to abolish the department she once headed, what stopped her from doing so, and how parents can make a big difference.

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The Associated Press has issued a dire warning for abortion providers ahead of the Supreme Court's decision on Roe v. Wade.

According to an article titled "'Heightened alert’: Abortion providers brace for ruling," abortion clinics nationwide are expecting an increase in "protests, harassment, and other violence ... in states where abortion remains legal" if Roe v. Wade is overturned — as a draft opinion leaked in May suggested is likely to happen.

"On the night of last winter’s arguments before the U.S. Supreme Court in a case that could end the nationwide right to abortion, people gathered outside a clinic in New Jersey with lawn chairs, a cooler and a flaming torch — a sight that brought to mind lynchings and other horrors of the country’s racist past," the AP article began.

The article did go on to cite two incidents of extreme anti-abortion violence — "the 1993 killing of Dr. David Gunn outside a Florida abortion clinic [and] the 2015 fatal shooting of three people inside a Colorado Planned Parenthood." But there was almost no mention of the ongoing attacks on pregnancy crisis centers by pro-choice activists, including the violent group that calls itself "Jane’s Revenge."

On the radio program, Glenn Beck noted that the closest the current administration has come to calling out Jane’s Revenge was when the Department of Homeland Security published a terror advisory warning of crime on both sides of the Roe v. Wade debate earlier this month. But when was the last time you heard about violent attacks on pro-life centers in the corporate media? There have been several instances of violence by pro-choice proponents, and the Biden administration remains silent.

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GLENN: Now the righteous generation of the woke has reached such a level of holiness that it cannot possibly be contaminated by name of a less righteous monster like George Washington. Student insists the university must break its ties with white supremacy and systematic racism by canceling its 200 year old name and renaming it. Are you ready? Malcolm X University.