When is a billion dollars not that big of a deal?

To start off your week, here’s yet another ridiculous statement from Nobel Prize winning economist and wannabe Psycho-historian, Paul Krugman:

KRUGMAN: These are — we’re talking as if a billion dollars was a lot of money. In $15 trillion economy, it’s not. Solyndra was a mistake as part of a long program, which has been by and large, it had a good track record—of course you’re going to find a mistake. I think to be fair, that’s probably true in Massachusetts, as well. This is ridiculous, that we are taking these tiny, tiny missteps that happen in any large organizations including corporations, including Bain Capital—Bain Capital had losers, too, right? Even from the point of view of its investors.

First of all, yes—Bain did have a couple of losers. And the Obama campaign has attempted to exploit every one of them, even those that occurred when Romney wasn’t working there. The sloppiness of that tactic has been destroyed by such evil right wingers as:

Bill Clinton

Cory Booker

Chris Matthews

Ed Rendell

Harold Ford, Jr.

Car Czar Steve Rattner

But, of course, there is a hell of a difference between what Bain did and what Obama has done. Bain never spent one cent of my money. I never asked Bain to make risky bets on companies in trouble with my money---and they didn’t. I also didn’t ask Barack Obama to make risky bets on companies in trouble with my money—he did.

Back to Krugman, and his assertion that a billion dollars isn’t that much money. That’s a bit odd, considering that it’s more than enough to buy one of the two political parties in their entirety:

"Money buys power," the Nobel Prize-winning economist Paul Krugman observed recently, "and the increasing wealth of a tiny minority has effectively bought the allegiance of one of our two major political parties."

"Support from billionaires has always been the main thing keeping those charlatans and cranks in business," Krugman noted. "And now the same people effectively own a whole political party."

You see, a billion dollars is chump change when wasting it on magical fairy dust infused solar panels, but when billionaires put just a portion of their fortunes on the line for the causes they believe in—it’s inherently evil, and suddenly enough to purchase half of all the political power in Washington. Makes sense. By the way, billionaires like George Soros and Warren Buffett get absolutely nothing for their generous check writing prowess.

Of course, if it was only Solyndra perhaps there would be an argument. But, there are so many more names that aren’t as familiar as Solyndra that echo the same point. Some highlights:

  • Raser Technologies. In 2010, the Obama administration gave Raser a $33 million…the company filed for bankruptcy protection…and Raser owes $1.5 million in back taxes.
  • ECOtality. The Obama administration gave ECOtality $126.2 million…Obama even hosted the company's president, Don Karner, in the first lady's box during the 2010 State of the Union address…the company has since incurred more than $45 million in losses and has told the federal government: "We may not achieve or sustain profitability on a quarterly or annual basis in the future." Worse, according to CBS News, the company is "under investigation for insider trading…
  • Nevada Geothermal Power (NGP). The Obama administration gave NGP $98.5 million…the company is in "financial turmoil" and that "after a series of technical missteps”…there was 'significant doubt about the company's ability to continue as a going concern.'"
  • First Solar. The Obama administration provided First Solar with more than $3 billion …the company "fell to a record low…firing 30 percent of its workforce."
  • Abound Solar. $400 million loan guarantee…the company halted production and laid off 180 employees.
  • Beacon Power. $43 million loan guarantee…Last fall, Beacon received a delisting notice from Nasdaq and filed for bankruptcy.
  • SunPower. $1.2 billion loan guarantee …as of January, the company owed more than it was worth.
  • Brightsource. $1.6 billion loan guarantee and posted a string of net losses totaling $177 million. Read more here.

From all the billions and billions thrown at these businesses, author Peter Schweizer says 71% of the cash has been funneled to businesses with close ties to Obama and democratic donors. All of that influence, purchased for just $457,834. Which is ridiculous to point out I guess—I mean, we’re talking as if $457,834 was a lot of money.

This week on "The Glenn Beck Podcast," civil rights activist and Woodson Center founder Bob Woodson joined Glenn to call out the leftists in the "race grievance industry," like the Rev. Al Sharpton and Black Lives Matter, Inc., who, he says, are "profiting off the misery of their people."

Woodson lived through the appalling segregation laws of the last century and has a much different message about what it means to be "oppressed" than the so-called "anti-racist" activists today.

Woodson said he believes the real struggle for impoverished minority communities "is not racial." He argued that leftists "at the top" derive "moral authority" by claiming to represent "so called marginalized groups," while they prosper at the expense of those "at the bottom."

"There's nothing worse than self-flagellating guilty white people and rich, angry black people who profit off the misery of their people," Woodson said.

"I call what Sharpton and some of those are doing is worse than bigotry. It's treason. It's moral treason against their own people," he added. "The only time you hear from them is when a white police officer kills a black person, which happens maybe 20 or 21 times a year, but 6,000 blacks are killed each year by other blacks. So, in other words, their message is black lives only matter when taken by someone white, which means you are betraying the black community when you turn your back on 20 children that are slaughtered and you don't march in that community and demand that those killers be turned over to the police."

'The problem is not racial," Woodson asserted. "The problem is the challenge of upward mobility. Any time you generalize about a group of people, blacks, whites, Native American, and then you try to apply remedies, it always benefits those at the top at the expense of those at the bottom. ... It's a bait and switch game where you're using the demographics of the worst of these, to get resources that helps the best of these, or those who are prospering at the top. So, if I was the president, I would say an end to the race grievance business, that America should concentrate on the moral and spiritual free fall that is consuming people at the bottom."

Watch the video clip below to catch more of the conversation, or enjoy the full podcast here or wherever you listen to podcasts:

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Following President Joe Biden's first joint address to Congress, Glenn Beck joined fellow BlazeTV host and author of the new book, "American Marxism," Mark Levin to expose what they called the "Liar-In-Chief's" radical plans for our country and to explain why the far Left's proposals and programs are really a "frontal attack" on our Constitution, our country, and our way of life.

"Substantively, this is a frontal attack on our Constitutional system of limited government. It is a frontal attack on our capitalist system. He's basically throwing out all the bromides for the radical left groups that now form the base of the modern Democrat Party. And I make the case that ... this is Marxist bullcrap in its broadest sense," Levin stated.

"Here we are, a country now where one man can get up in the middle of the night and make a list of everything he wants to do to the country," he added, speaking figuratively. "It's like an unreality where we're living in separate worlds ... the whole thing is a fraud."

Watch the video clip below to hear Levin expose the lies and misinformation in Biden's speech and explain why he believes the true message is absolutely chilling for the future of our nation:

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After months of delays and COVID-19 excuses, President Biden finally delivers his address to the joint session of Congress. It is a truly historic moment, as only a few hundred members of Congress received an invite. While some have compared this speech to JFK's moon landing challenge, it will likely be more like FDR's New Deal nightmare. Will Speaker Pelosi continue her tradition of ripping up the president's speech? Will VP Harris cackle to a quiet audience?

Glenn Beck teams up with fellow BlazeTV host Mark Levin, author of the new book "American Marxism," to take on the progressive plans that could completely transform our economy and our way of life. Steve Deace, BlazeTV host and author of "Faucian Bargain," joins to discuss why it's not enough for conservatives to just lament the dangerous Democrat agenda; we must activate against the woke infection of our institutions. Plus, a power panel to rival CNN talking heads: Stu Burguiere, BlazeTV host of "Stu Does America," and Jason Buttrill, head researcher and writer for Glenn Beck.

Watch the video below:

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The less-than-favorable reaction to Caitlyn Jenner's bid for governor of California as a Republican has shown that leftists and so-called "transgender rights activist" care more about political party than actual transgender rights. Despite the fact that if she wins, Jenner would be the first trans governor in our nation's history — and prove that Republicans aren't 'transphobic' — Leftist activists would rather back Gavin Newsom — a cisgender, white male.

"Make no mistake: we can't wait to elect a #trans governor of California. But @Caitlyn_Jenner spent years telling the #LGBTQ+ community to trust Donald Trump. We saw how that turned out. Now she wants us to trust her? Hard pass," tweeted Equality California, one of the state's largest LGBTQ-rights groups.

"With all due respect, @Caitlyn_Jenner, you are running as a Republican?! Republicans deny your existence and are trying to erase trans youth. HELL NO," tweeted leftist activist and actress Alyssa Milano.

"Well done Caitlyn Jenner, running for governor wins you the one medal you never got: stupidest mother***ker on earth. Running as a Trump Republican & entering a world that hates you," tweeted "Sons of Anarchy" star Ron Perlman.

In this clip from the "Glenn Beck Radio Program," Glenn and producer Stu Burguiere discussed the Left's hostile reaction to Jenner's candidacy for California governor and agreed that leftist trans activists are showing themselves to be more "leftists" than "trans activists."

"If Caitlyn Jenner did, let's say, run for governor and win as a Republican, wouldn't that go a long way to advance what [trans rights activists'] goal supposedly is? Like, if you really believe Republicans hate trans people and what you want is for society to have trans people accepted more broadly, what better way to accomplish that than having a Republican trans candidate?" Stu asked.

"Yeah, see, but you just said the key words: 'If you really believe.' They don't really believe anything. I don't think they even really believe that Republicans hate gay people. I don't think they actually believe that. That's just a slogan that's been drilled in their head," Glenn said. "It doesn't have anything to do with race or gender, or really anything else. It has everything to do with politics. That's it."

Watch the video clip below to hear more from Glenn:


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