Glenn Beck: Big University


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GLENN: Stu, I want you -- Stu is in there right now working on something I told him about, what, about 20 minutes ago.  I asked you about the endowment fund at Harvard and Yale.  And I said, put a billion dollars in there and see what it is in 10 years.  At 23% --

STU:  They didn't really lock in at 23%, right?

GLENN:  I think it's Yale has been at 19 and Harvard has been at 23%.  I mean, it's incredible.  It's absolutely incredible.  I mean, just do 15%.  Just do 15%.  You've done a cursory surgery on these endowments.  Harvard doesn't have a billion dollars.  Harvard has 35 or 37?

STU:  35.

GLENN:  $35 billion.

STU:  They are going to own the Earth.

GLENN:  Yeah.  You remember I told you the story -- here we are in Rockefeller Plaza.  Remember I told the story about how when John, Sr. died, Rockefeller died, they went to John, Jr. and said, do you have any concept of how much money this is?  And he said, well, yeah.  And he said the number.  And they said, we want to show you the projected compound interest.  We want to show you what this money does.  And they showed it to him and they said, by the time your children are your age, this wealth will crush you; you must start giving away this money.  And that's why there's the Rockefeller funds everywhere because they had to give the money away.  Because it was, at the time, the size of a small country.  And now it would be the size of a large country.

$37 billion.  You ask me why tuition is so high.  You ask me why these liberal universities, "Oh, they are not paying their fair share."  These liberal universities have endowments, Harvard, $35 billion in endowment.  They are getting return on that investment of 23%.  Figure that out, Stu.  23%, 10 years, $35 billion.  How much is it?

STU:  I mean, these numbers are ridiculous.  $276 billion.

GLENN:  Do it for 20 years.  You have $35 billion, you get 23% return on investment, which is what they've been getting.  How much is it in 20 years?

STU:  $2.2 trillion.

GLENN:  $2.2 trillion.

STU:  These are like fake numbers, that you just make them up.

GLENN:  In 20 years Harvard -- that's with no additional revenue being raised by these people.

STU:  And also none taken out.  But still how is -- like how can anyone be giving any money to send anyone to these schools?  They should be happy.

GLENN:  How much -- find out what Harvard -- Harvard tuition, everything, all expenses paid I think is $51,000 a year.  They have $35 billion.  Find out if they're -- how much is it per year if they're getting 23%?  How much are they making without touching the principle?  Do one year, let's do 23% of $35 billion.  How much is just their interest?

STU:  That would be $34 billion one year.

GLENN:  20% or whatever.

STU:  This is not coming out correct.  Hold on a second.  I have to recalculate here, Glenn.

GLENN:  Recalculating.  He's making those little index cards.  We have to feed them into our supercomputer, the one that sounds like, (making computer noises).

STU:  It would go up to another $8 billion-ish.

GLENN:  Take a billion dollars at $50,000 a year.  How many students can you send to Harvard for $1 billion out of the $8 billion in interest?

STU:  Starting to get me confused.  Billion divided by $50,000?  20,000.

GLENN:  You can signed 20,000 kids to school.

STU:  For 1/8 of your interest growth a year.  And that's Harvard.

GLENN:  I make the case that Harvard isn't paying their fair share.

STU:  You know what, they can have an endowment the size -- I don't care how big their endowment is.  But stop asking us for money.

GLENN:  Stop telling me that I haven't paid my fair share.  Stop telling me that I, because I'm greedy, I'm not sharing my wealth enough to send people to school, when 1/8 of your interest, of your endowment, 1/8th of your yearly interest could send 20,000 kids to school.

STU:  And that's at your ridiculous rate of $50,000 a year.  How much does it actually cost?

GLENN:  No, Harvard is about $50,000 a year.  That's everything.

STU:  No, what I'm saying is that's what they're charging people.

GLENN:  I'm guessing that Harvard would get the family discount.  How many students go to Harvard right now?  Don't you love the computer?  I only make him do this because he's like, what?  How many students are enrolled in Harvard?

STU:  Hold on one second.  I'm clicking, I'm clicking, I'm clicking.  Enrollment, enrollment.

GLENN:  (Making computer noises.)

STU:  Undergraduate, 6,715.

GLENN:  6,000 undergraduates.  So they could do everybody plus two more thousand.  That's unbelievable.

STU:  For an 1/8.

GLENN:  Unbelievable.  Incredible.  You want to talk about -- you don't talk to me -- Barack Obama, Michelle Obama, don't talk to me about how you couldn't afford your Harvard education.  Harvard.  You want to send more people to school?  You got the money to do it.  Don't talk to me about how big oil makes 8% in profit every year.  8% profit every year, when you've got $35 billion sitting there in an endowment from Harvard.  They could make -- conservatively make $8 billion a year in interest, for nothing doing nothing, for creating nothing.  This is called the rich get richer.  I know they teach it at Harvard but they might want to look inward.  They might want to -- when they're teaching how the rich get richer, how the powerful just keep their power.  When they want to talk about the insidiousness of people just screwing people to the wall, these big organizations that just gouge your eyes out for something that is essential, like oil or education, and they gouge your eyes out and make it only available for the elite.  Meanwhile they're just racking up the money.

Everything comes down to the two Senate runoffs in Georgia. If we lose both races, we lose the country. Democrats know this and are pouring in millions to usher in a Marxist agenda.

As the Left tries to hide how radical the two candidates really are, Glenn takes us inside the Democrat war room to expose the wolf in pastor's clothing, Raphael Warnock, and America's Justin Trudeau, Jon Ossoff. Socialism, the Green New Deal, and "defund the police" are all on the table. And Glenn warns of what's to come if conservatives don't activate: Chuck Schumer will weaponize the Senate, and the radical Left will launch an all-out assault to ravage the Constitution.

Watch the full special below:

The election and its aftermath are the most important stories in America. That's why we're offering our most timely discount ever: $30 off a one-year subscription to BlazeTV with code "GLENN." With BlazeTV, you get the unvarnished truth from the most pro-America network in the country, free from Big Tech and MSM censors.

Sen. Ted Cruz (R-Texas) joined the "Glenn Beck Radio Program" to explain how mail-in ballots are typically disqualified during recounts at a far higher rate than in-person, Election Day ballots, and why this is "good news" for President Donald Trump's legal battle over the election.

"One of the things that gives the greatest cause for optimism is, this election ... there's a pretty marked disparity in terms of how the votes were distributed. On Election Day, with in-person voting, Donald Trump won a significant majority of the votes cast on in-person voting on Election Day. Of mail-in voting, Joe Biden won a significant majority of the votes cast early on mail-in voting," Cruz explained.

"Now, here's the good news: If you look historically to recounts, if you look historically to election litigation, the votes cast in person on Election Day tend to stand. It's sort of hard to screw that up. Those votes are generally legal, and they're not set aside. Mail-in votes historically have a much higher rate of rejection … when they're examined, there are a whole series of legal requirements that vary state by state, but mail-in votes consistently have a higher rate of rejection, which suggests that as these votes begin being examined and subjected to scrutiny, that you're going to see Joe Biden's vote tallies go down. That's a good thing," he added. "The challenge is, for President Trump to prevail, he's got to run the table. He's got to win, not just in one state but in several states. That makes it a lot harder to prevail in the litigation. I hope that he does so, but it is a real challenge and we shouldn't try to convince ourselves otherwise."

Watch the video clip below to catch more of the conversation:

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Fox News senior meteorologist Janice Dean is perhaps even more disgusted with New York Gov. Andrew Cuomo (D) for his coronavirus response than BlazeTV's Stu Burguiere (read what Stu has to say on the subject here), and for a good reason.

She lost both of her in-laws to COVID-19 in New York's nursing homes after Gov. Cuomo's infamous nursing home mandate, which Cuomo has since had scrubbed from the state's website and blamed everyone from the New York Post to nursing care workers to (every leftist's favorite scapegoat) President Donald Trump.

Janice joined Glenn and Stu on the "Glenn Beck Radio Program" Tuesday to ask why mainstream media is not holding Gov. Cuomo — who recently published a book about his leadership during the COVID-19 pandemic — accountable?

"I'm vocal because I have not seen the mainstream media ask these questions or demand accountability of their leaders. [Cuomo] really has been ruling with an iron fist, and every time he does get asked a question, he blames everybody else except the person that signed that order," Janice said.

"In my mind, he's profiting off the over 30 thousand New Yorkers, including my in-laws, that died by publishing a book on 'leadership' of New York," she added. "His order has helped kill thousands of relatives of New York state. And this is not political, Glenn. This is not about Republican or Democrat. My in-laws were registered Democrats. This is not about politics. This is about accountability for something that went wrong, and it's because of your [Cuomo's] leadership that we're put into this situation."

Watch the video excerpt from the show below:

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As America grows divided and afraid to disagree with the Democrats' woke plan for America, Megyn Kelly is ready to fight back for the truth. For nearly two decades, she navigated the volatile and broken world of the media. But as America leans on independent voices more than ever, she's breaking new ground with "The Megyn Kelly Show."

She joined the latest Glenn Beck Podcast to break down what's coming next after the election: Black Lives Matter is mainstream, leftists are making lists of Trump supporters, and the Hunter Biden scandal is on the back burner.

Megyn and Glenn reminisce about their cable news days (including her infamous run-in with then-presidential candidate Donald Trump) and to look into the chaotic and shady world of journalism and the growing entitlement it's bred. For example, many conservatives have been shocked by how Fox News handled the election.

Megyn defended Fox News, saying she believes Fox News' mission "is a good one," but also didn't hold back on hosts like Neil Cavuto, who cut off a White House briefing to fact check it — something she never would have done, even while covering President Obama.

Megyn also shared this insightful takeaway from her time at NBC: "Jane Fonda was an ass."

Watch the full podcast here:

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