Glenn vs. Stu


Glenn and Stu face off in a battle to the death about the economy...

GLENN: So Stu.

STU: Yes?

GLENN: Where are you in this? Because this has been an interesting story line between the two of us.

STU: Okay.

GLENN: Because you have been -- you are America's second happiest economist. No, you're actually America's happiest economist.

STU: Really?

GLENN: But you are not an economist.

STU: Right.

GLENN: You know what I mean? Like I'm, like, America's saddest economist that isn't an economist.

STU: Right.

GLENN: Right.

STU: I'd definitely say that's true.

GLENN: Where are you on this story line? Now that you see the things -- I mean, actual -- I mean, like almost the actual phrases that I have used in the last year are now being said all over, in all the press reports. Have you noticed that today?

STU: Well, yes. Some of them I have seen that, yes.

GLENN: Kind of freak you out? Does it make you look at it and go, oh, jeez?

STU: Certainly we're not in the most glorious of economic times. I think that's well covered. But as you -- I think the bottom line that we do agree on is that we both believe in a capitalist system. We both believe that companies that make poor decisions deserve to fail like this one has and we both believe that the biggest problem is going to be government stepping in with, you know, their capes and trying to fix everything like Superman and all of that is what has worried me from the beginning is really the government reaction rather than anything else and that's what I'm worried about right now because it seems like they're -- even with --

GLENN: It's not going to stop it. It's not going to stop it.

STU: I'm interested, too, Glenn to see, and maybe you have better perspective on this is that I keep hearing commentator -- our last guest said this as well, that it wasn't real, the whole Bear Stearns thing wasn't real, they didn't have these problems with the balance sheet.

Glenn and Stu are seen here in happier times. Thanks to Insider Payallin for sending this one in...

GLENN: It is -- Stu, it is -- do you remember the story we did in, what, September on Northern Rock Bank in London?

STU: Yeah, yeah.

GLENN: And that night we showed the line and I said, that is run on the bank. It hasn't happened since the Great Depression. This is what it looks like. And then we revealed that it was in England. And I said, at the time, something along the lines of, "You may soon be seeing this happening here in America." We had a guest on afterwards and he was like, "That's crazy talk; no runs on the bank; it's impossible for that to happen. We've got all these systems and everything else." First of all, Alan Greenspan in his little message today, he was saying, looks like some of the things that we thought were foolproof weren't. Gee, you think so Alan?

The second thing is what you saw with Bear Stearns, that is a run on the bank, just like, remember, the buildings savings and loan or whatever it was in It's a Wonderful Life, they had the money. They were solvent. What happened to Bear Stearns is what almost happened to Jimmy Stewart. Remember when he had the $2 and he was like, you $2, we're going to put you in the safe? That's exactly what happened. They were totally fine. It was fear that was driving the market. And that's why I said that, to her just now, I'm afraid that not fear but people who are unscrupulous are going to now try to make these banks fail because they can make money on it.

Like, for instance, last week I told you that I started -- I went from a neutral. I was more guarded in my investment than Warren Buffett. I mean, we took more -- Warren Buffett's plan of what he said should be safe and I said to my financial advisors in August, "Make it safer than that" and they laughed at me. Last week I decided, you know what, you're going to lose money. So bet on the index going down. Say that the stock market is going to go down. It's a very risky bet. But I'm not going to bet on individual companies. I don't do that anyway. I don't invest in individual companies just because I don't ever want to be accused of anything. But I have to tell you something. There are those who are going to bet on individual companies and I think banks and they are going to try to short-sell the stock. They are going to try to make that thing collapse to be able to make money. There will be enough unscrupulous people out there that are like, "I don't care if it collapses; I'll be rich." And that's the thing that, to me I didn't see that one coming until this morning and I realized there's enough people out there that have tons of money that don't give a flying crap about our country or anything else. We are living in a "Me" society. It doesn't matter to anybody. And just watch it, man. Buckle up. Buckle up. Remember everybody laughed when I said, "Buy shoes, buy shoes, buy a coat." It may be very, very expensive for you next fall. Buy shoes, buy a coat for your kid in the next size up; it may be very, very expensive next fall.

CNN reporter Jim Acosta was confronted at CPAC by The Federalist reporter David Marcus with a valid question: "When are you guys going to start covering Cuomo?" His answer — or, really, lack of an answer — perfectly demonstrates why he was earlier surrounded by CPAC attendees chanting, "CNN sucks!"

On the "Glenn Beck Radio Program" Tuesday, Glenn and producer Stu Burguiere react to a video clip of the exchange with Acosta, as well as the mainstream media's double standards when it comes to Democratic New York Gov. Andrew Cuomo.

Watch the video below:

Want more from Glenn Beck?

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Glenn Beck can't help but wonder, "What is wrong with us?" in light of the Left's latest move — canceling six Dr. Seuss books due to "hurtful and wrong" illustrations — that takes America one step closer to complete insanity. And now, school districts are jumping on board after President Joe Biden seems to have dropped Dr. Seuss from the White House's annual "Read Across America Day" proclamation.

On the radio program Tuesday, Glenn argued that deleting books is the perfect example of fascism, and asked when we as a country will finally realize it.

"They are banning Dr. Seuss books. How much more do you need to see before all of America wakes up? ... This is fascism!" Glenn said. "We don't destroy books. What is wrong with us, America?"

Watch the video below to hear more from Glenn:


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.

Former Democratic presidential candidate and Hawaii representative Tulsi Gabbard and Glenn Beck don't agree much on policy, but they're in lockstep on principles.

On "The Glenn Beck Podcast" this week, Tulsi spoke with Glenn about one of her last acts in Congress, introducing the "Protect Women's Sports Act," which she says would "strengthen, clarify, and uphold the intent of Title IX to provide a level playing field for girls and women in sports." But since then, the Biden administration has gone in the opposite direction, and has supported allowing biological men to compete in women's sports.

Watch the video clip below to hear why Tulsi took a stand for female athletes:


Watch the full interview with Tulsi Gabbard here.

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.

Later this week, former President Trump will attend CPAC and give his first major policy appearance since leaving office. Sources close to the President reveal he will focus on "the future of the Republican Party and the conservative movement."

The future of the GOP is a question that demands real discussion before elections in 2022 and 2024. Right now, I can see three possible answers for how you act:

  1. Those in power and senior positions will ignore the reasons behind Donald Trump winning in 2016. They will be vindicated in their minds because they outlasted him, as they view DC as a job for life. These leaders will go back to business as usual and seek forgiveness from the left, hoping for unity and acceptance in the future.
  2. The second outcome is another section of the party that is understandably very angry over the left's Presidents treatment. They still support and believe in Trump. They think it's time to take off the gloves and treat Biden/the left exactly how they treated Trump.
  3. The few policy positions offered in public will be centered solely around opposing the left. They will also make the case how the left suck, are dangerous, and how you need them in power. The next four years are merely a countdown for Trump to run again and right the wrong of 2020.
  4. The third outcome is very similar to the second, but with one key difference. While they appreciate everything Trump accomplished while in office, they feel it's time to unite behind another candidate.
Question

Which of these three positions will work best for the American people? Which helps built a political base for elections in both 2022 and 2024?

If you seek to help save America, it is critical to do some soul searching. Whether you love or hate him, Donald Trump got 75 million votes and made advancements in key demographics. What did he do well that you can develop further? In what areas was he poor, and how can you improve?

I want to raise six principled points everyone on the right should be forced to consider in the run-up to 2024.

1 - Understanding American Exceptionalism

FACT: America is an exceptional nation. If you read enough of world history, you will find ample evidence that America acted in ways that made it unique and significantly different from other countries in the past and modern times. These reasons must be understood and promoted through the culture and body politic.

One of those reasons is the layout of your Declaration of Independence. If you look around politics today, you will see people on all political sides telling you what they hate, why the other side is the enemy, and how they must be defeated.

In the Declaration of Independence, Jefferson also made that case against the English when he listed 27 grievances against the King. So how is the layout key? It took Jefferson 357 words to get to those grievances. Your Declaration is your mission statement: it tells everyone in the world what America aspires to be. It states the belief that all were created equal, all had certain rights that come directly from God, and that it is the government's job to protect rights -- not give people rights.

The left is successfully painting everyone on the right to be a terrorist who enjoyed the Capitol Hill riots. If you ever want to win another election, it will be critical to explain what you stand for to the American people.

After all, ask yourself which makes you the most passionate to vote - removing someone from office or voting for a vision and change you believe in?

2 - The Constitution

Is there a better place to start this vision than the Constitution? Yes, it is mostly ignored today by those in power and is only referenced by politicians and media when it fits a narrative.

The Constitution is a beautiful and complex document but is primarily based on a straightforward principle. The government should be extremely limited in its power, but it should be as close to the people as possible where there is a clear need for government. Who can argue with this principle?

Who wants someone they have never met, dictating how they live their life?

This is why the Constitution grants the President no real power, and gives Congress 18 clauses of power, listed under Article 1, Section 8. Any and every power not mentioned there belongs at the state level.

3 - Finances

The power structure in DC has changed many times over the last twenty years, with both parties having the opportunity to rule the different federal branches. There have been two periods where one party controlled all the power in DC:

  • 2008-2010: Obama / Dem
  • 2016-2018: Trump / GOP

Despite these changes, your government continually grows, you continue to spend money you don't have, and in ten out of the last thirteen years, you have added over $1,000,000,000,000 to your national debt, which now sits just under $28 trillion. Does this seem sustainable to you? Of course not, but sadly your finances only get worse.

America has revenue of over $3.2 trillion every year, yet DC has not passed a budget since 2008. Can you imagine any business running that way? Do you think Apple, Amazon, or Disney have a budget? It is time to get America on a path to financial sustainability, work towards a balanced budget, and explain to the American people how you will achieve it.

4 - Taxes

Do you remember discussing taxes during the Tea Party?

We used to make the simple moral case to the American people: any money you earn is yours, you should use it to plan your life, and the government has no right to take it from you. This was so successful around 2012 that Herman Cain ran for President with one primary policy: the 9-9-9 plan.

If America is to return to prosperity after Covid, lower taxes and a simpler tax code must be a central theme.

5 - Cutting Government

Look at the size of the US government in 2021. Are you happy? Can you name the numerous departments? Is it now the freedom-loving Americans' position that agencies like Education, Energy, EPA, and Commerce are constitutional bodies of government and are well-run?

How about the IRS, which targeted Tea-Party groups under President Obama? Do they deserve support, or is it time to start sharing a vision of the departments that should be abolished?

This principle used to be a big part of the Conservative platform. It played a massive role in 2012 when Rick Perry ran for President. His campaign was destroyed in 45 short seconds when he could not remember the three agencies he would abolish.

Maybe it's time to refresh this debate but change the parameters. How about we discuss the agencies that should be kept?

6 - Bill of Rights

Today, the Bill of Rights is under constant attack. The far-left/woke mob hates free speech, and they seek to cancel anyone with an opposing view. However, the attacks on the Bill of Rights don't always come from the left.

America has a second amendment that guarantees you the right to bear arms. The last time the GOP held both houses of Congress and the Presidency, they banned bump stocks - but who really NEEDS a bump stock?

As the years have passed, some have admitted they are open to red flag laws. Is this still the case?

While the second amendment may be under attack, it is clear the fourth amendment is dead. Regardless of which party holds power in DC, the NSA is given continuous ability to spy on Americans. The simple, principled case from Rand Paul of "get a warrant" always falls on deaf ears.

The Bill of Rights should be a unifying document for most Americans, as the principles are self-evident and a significant part of any freedom platform going forward.

Conclusion

America will face significant challenges over the coming years. As the government continues to grow, the far left get more hostile, and central planners seek a great reset. If you share my concern, then now is the time to forget our tribes and ignore the debate on who should be President in 2024.

It's time to work hard to build a platform by raising a banner of bold colors, not pale pastels. We must share a clear vision to the American people of a bright future where they are free, prosperous, and can pursue their happiness.

When the platform is built and successful, people can identify the best candidate to run in 2024.

"First, you win the argument, and then you win the election." — Margaret Thatcher

Jonathon Dunne is a keynote speaker, weekly podcast host on Blaze Media, and published author on major platforms such as The Blaze, Glenn Beck, Libertarian Republic, Western Journalism, and Constitution. Since 2012, he has reached millions with his message of American exceptionalism.

You can find him on social media – Facebook, Twitter, MeWe