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Glenn vs. Stu

March 17, 2008
 Radio Clips

The Glenn Beck Program


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.

'Do you understand, America, what that means?': World Economic Forum publishes SHOCKING Great Reset strategy

Justin Haskins, editorial director of the Heartland Institute, joined Glenn Beck on the radio program to expose a shocking conversation between two Great Reset proponents — Klaus Schwab, chairman of the World Economic Forum, and Christine Lagarde, president of the European Central Bank (Europe's equivalent to the Fed).

The way Schwab and Lagarde discuss the role central banks should play in establishing societal norms, determining your way of life, and defending against potential crisis is proof that the Great Reset is upon us, Justin explained. And the scariest part is that they're not even trying to hide it. The entire, unbelievable conversation has been published on the WEF website, which you can read here.

Glenn read an excerpt from the conversation:

Christine Lagarde: At the ECB, we have now wrapped up and concluded our strategy review, which was the first one in 17 years. And I was blessed to have an entire Governing Council unanimously agree that the fight against climate change should be one of the considerations that we take when we determine monetary policy. So at least the European Central Bank is of the view that climate change is an important component in order to decide on monetary policy. ...

Can we arrive at that trade-off between fighting climate change, preserving biodiversity and yet securing enough growth to respond to legitimate demands of the population? And my first answer, Klaus, to be firm, is that to have a way of life, we need life. And in the medium term, we do have major threats on the horizon that could cause the death of hundreds of thousands of people. So we have to think life, first. We have to think way of life, second. ...

So we have to think life, first. We have to think way of life, second. How can we come together to make sure that we secure the first priority, which is life, and also protect the way of life that people have? And make sure that the cost of it is not so high for some people, that they just cannot tolerate it. I think that the trade-off that we reach will probably require some redistribution, because it is clear that the most exposed people, the less privileged people are those that are going to need some help.

"Do you understand, America, what that means?" Glenn exclaimed. "You have elites, that you never elected, that are having these meetings ... deciding what is a legitimate need for you. And telling you that your needs are going to go away in your lifetime. You may not see a time where you get wants again. Just your needs are going to be addressed. Am I reading this wrong?"

"This is absolutely what is being said here," Justin agreed. "She's very clear that we need to make sure that way of life is second to life. We have to save all these people, hundreds of thousands of people are going to die from this supposedly existential threat of climate change. And their wants, and their desires, and their quality of living, all of that has to come second."

"This is a central bank saying this. This is not an elected official, who is accountable directly to the people. This is a central bank saying, we're going to print money. We're going to use monetary policy, to impose these ideas, to rework society in order to accomplish our goals," Justin added, addressing Lagarde's call for "some redistribution."

Will Great Reset elites — not elected by the U.S. — soon be dictating to the rest of the world? Watch the video clip below to hear Glenn and Justin 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.

WATCH: Weaponizing Crisis: Exposing the Hidden Hand After January 6

First comes the "crisis," then comes the expansion. The federal government is seizing on the January 6 Capitol riot to take carte blanche to do whatever it wants and weaponize the event to further empower the new overlords of our country — the intelligence community.

On Glenn TV Wednesday, Glenn Beck reveals what's happening with the U.S. Capitol Police and argues they've morphed into a new arm of the intelligence apparatus, boosted by a massive increase in funding and surveillance equipment and new offices OUTSIDE the Capitol building. The Biden administration has also hidden basic details regarding January 6. Why did officials refuse to release the name of the officer who killed Ashli Babbitt? Where are the 14,000-plus hours of CCTV footage? As any intelligence organization knows, it's best to operate outside the realms of oversight.

Glenn exposes the hidden hand of government that could be used to punish and destroy innocent Americans who are only guilty of holding the "wrong" political view.

Watch the full episode of "Glenn TV" 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.

‘Both miraculous and horrendous’: Glenn Beck gives emotional update on Afghanistan rescue

Image source: Video screenshot

The conditions in Afghanistan under the Taliban rule — for Americans, allies, Christians, women and more — continue to deteriorate, and the people there continue to plead that we will not forget them. On the radio program Monday, Glenn Beck gave an emotional update on current evacuation efforts, including the tragic story of one girl — an American passport holder — who was not rescued in time.

"I have a pit in my stomach like I haven't had in a while. What is happening in Afghanistan is both miraculous and horrendous," Glenn began. "What's going on right now one of the most amazing things I've ever personally witnessed — the evacuation of Americans, those [Afghans] who helped us, Christians that are dying, women that are under incredible conditions. I see things that I can't show you. I see the pleadings from people who are in safe houses, 'Please, don't forget us.' I see what they're being sent by the Taliban.

"If I die today, my entire life will have been worth it for what you have helped get done, in just the last three weeks. You have saved well over 5,000 people," he continued.

Fighting back tears, Glenn added, "I ask that you pray for those in the Middle East, that are in the midst of doing work, that a Moses-style miracle will happen. ... There are several people that are in dire need of medical care. Friday, we told you — along with the congressman from Oklahoma [Rep. Markwayne Mullin] who had just returned — [about] a father and two daughters that were blue passport Americans, and a mother who had a permanent residence, a Green Card. The daughter was very ill. And they thought, that if we couldn't get her out of there, that she would lose her legs. I got a call on Saturday morning, that we were too late, that she didn't lose her legs. She lost her life, waiting. There are now two Americans, instead of three."

Glenn showered his audience with gratitude, repeating that "well over 5000" lives have already been saved because of their incredible generosity, but lamented that there are still thousands more people yet to be saved.

Watch the video clip below to hear more updates from Glenn:

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To donate to these rescue efforts, visit NazareneFund.org or MercuryOne.org.

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.