RADIONovember 01, 2022

8 'threats' to democracy according to Democrats & 1 REAL ONE

Today, Democrats LOVE to discuss all the ‘threats’ to democracy our nation faces today. In this clip, Glenn reads an article from the Federalist that lists several of those major ‘threats’ — from Donald Trump and Elon Musk to Ted Cruz and the U.S. Supreme Court. But there is one ACTUAL threat to democracy that Democrats missed, Glenn says. In this clip, he unveils what that danger truly is…

Transcript

Below is a rush transcript that may contain errors

GLENN: I love this. This comes from the Federalist today. Everything that Democrats claim is a threat to democracy.

Okay? Have you noticed that? Everything seems to be, well, here is the list. Donald Trump. Of course, right?

Threat to democracy.

Then Republicans.

STU: Just generally.

GLENN: Just generally, threat to democracy. First, it was MAGA Republicans.

And now it's just Republicans. Okay?

STU: Uh-huh.

GLENN: Ted Cruz. Threat to democracy.

Josh Hawley. Hmm. Threat to democracy.

Ron DeSantis. Of course, he is. He's an extreme threat to democracy. Quoting.

STU: Hmm.

GLENN: Dr. Oz, an impaired Fetterman, who doesn't pose a threat to our democracy is better than a polished Oz, who does.

STU: Hmm. That's what is at stake here. Oz is a threat to our democracy.

STU: They're doing their best to find a path through that.

GLENN: Is this crazy?

Who buys this stuff.

STU: I don't know who buys that. I will say, we have Salena Zito. Who is the reporter in Pennsylvania on this stuff. I have not read it yet. I'm interested to talk to her about it.

GLENN: Oh, I have read this piece. She has a new op-ed piece.

STU: She had the piece.

GLENN: Yeah. She's one of my favorite reporters. Because she actually -- she doesn't live in the big cities. She lives in Pennsylvania.

And she just -- she never takes the freeway. She never takes an airplane. She will drive to wherever she is to report on something. Because she wants to get a feel for the real people. And so when she's doing a story, she just kind of hangs out, where all of the real people are, that way, she's not an outsider. You know, she kind of has a bead on the pulse.

STU: You're describing this like she's an alien. That's journalism. What you're describing is just --

GLENN: No. It is -- that is an alien today.

STU: Yeah. That's what made me laugh. It's like, the typical reporter today, literally looks for Twitter. Searches for their key words. Puts a bunch of tweets to their story, and sends it to the editor.

GLENN: Right. And the actor says, wait. Wait. Wait, wait.

You can't say that. You have to put in there, threat to democracy.

STU: Right. They had -- Salena actually goes and talks to people, and it's why her reporting has been so good, especially over the past couple cycles.

GLENN: And accurate. Accurate. Really accurate. So she's joining us. Talk about the fallout from the Fetterman debate. She's like the only -- I've been waiting to talk to her all week. She's the only voice I will trust on what's really happening on the ground.

Also, threat to democracy now is Tudor Dixon. She's, quote, a huge threat to our democracy. Ron Johnson is a threat to our democracy. I like this: Legitimately conducted elections.

The America -- TIME Magazine. American democracy cannot survive, unless the far right is marginalized. Here's how to do it.

STU: Oh, good.

GLENN: That's an article in TIME Magazine.

STU: Thank you, TIME. Appreciate it.

GLENN: Right. Should Republicans win, they will certainly attempt to end our democracy as we know it, in their states.

STU: Obviously, that's definitely the main thing we're looking for. If anything, the American right has been against the Constitution the whole time.

GLENN: The whole time.

STU: The entire time.

GLENN: We hate it.

STU: And we just don't like it. We talk about it all the time to fool you guys.

Generally speaking, we just dislike our system so much. It's not you guys on the left, that are constantly criticizing it and lighting cities on fire.

That's not --

GLENN: Do you remember, Stu, when I talked about -- let me see if I can pull this up real quick. Do you remember when I talked about the Fabian Society. What do you call from that?

Start with the window. Do you remember the window. Stained glass window. Oh, wow. You didn't know a damn thing. Did you seen watch the show?

STU: I did. I watched the show. I did a lot back then. Then other meaningless information has entered my brain. And has won the battle against that particular series of shows. Apparently.

You'll start talking about --

GLENN: Listen to this. You remember the Fabian socialist. Let me just recap. Fabian socialist was started by George Bernard Shah.

And a couple of other -- they started the London School of Economics. Okay?

Everybody loves -- oh, the London School of Economics. Yeah, you know who is involved in it now?

George Soros. So it was started -- this school was started by the Fabian socialists.

And their -- the shield, or their logo, if you will, is an actual wolf in sheep's clothing. Not real subtle.

I think we got it here. But listen to this. The window -- they're talking about the stained glass window. Which I didn't know -- I was doing some research on this the other day. It was stolen in 1978. And it was gone until like 2002.

They didn't know where it was. Then it shows up at Sotheby's. And they sell it.

And I'm wondering, wait. How do you -- it was stolen.

STU: Usually stolen stuff does not get auctioned.

GLENN: Doesn't get auctioned. I have no idea.

Anyway, the window explicitly reflects the goal of the Fabian Society to portray an outward role, contrary to its real character.

To use deception in pursuing its ultimate aim. Specifically, a wolf in sheep's clothing is the image that appears in the shield, about the world being wrought in the Fabian mold.

The Biblical reference comes from the New Testament. And warning, where Jesus was warning about false prophets that come in sheep's clothing.

But apparently, ravaging wolves. Authors G. Edward Griffin in his book, the Creature from Jekyll Island. Had given voice to this reality, that this shield image highlights the distinguishing figure of the -- feature of the Fabians, as compared to the Communists.

Fabian's desire to create the Socialist state, using subversive tactics, opposed to the communist method of revolution and violence.

We -- we talked about this in 2008. But that's what you're seeing now.

They're just so desperate, and they no longer have the media to give it credibility.

Before, they used to be able to say, that's a threat to democracy. And the media would parrot that. And everybody would go, that's a threat to democracy.

Now, we're on to the game. All of the wolves in sheep -- we're like, guys. We see the teeth. We know you're not a sheep.

We know now. And it is -- it's phenomenal to see. Once you wake up, how clear everything becomes.

It's really -- I mean, this is Biblical. This is -- I don't know. We're living in an incredible period of history right now.

STU: It's also helpful when they put the actual wolf in sheep's clothing in their logo. That really is helpful. To help us see it clearly.

GLENN: But see, people in England don't.

STU: People don't.

GLENN: It was the monster from Jekyll island. That book, that was the first to really reveal. Hey, by the way, look at the window.
(laughter)
It's crazy. Let's see. And, you know what, Salena Zito talks about that. Let me just give you this. She talks about that in the Fetterman thing. She -- where is she? Here it is. The painful story of how John Fetterman arrived at Tuesday night's humiliation.

Listen to this. This is amazing.

Most of the voters watching it, surely have seen him speak at small rallies, where he struggled on the best.

But he seemed okay. But now, they were fully realizing that he was just repeating memorized lines, and could not actually comprehend when others tried to converse with him.

Many of those watching, had no idea how bad Fetterman's health was like. Causing disbelief that no one had reported this sooner. Many were angry that Democrats and reporters knew about this the whole time. One reporter, who did mention Fetterman's inability to converse, NBC news reporter, Dasha Burns, was viciously attacked for her dispassionate reporting.

Not just from Fetterman's campaign and supporters, but also blue check journalists on Twitter. And her own NBC News colleagues, Savannah Guthrie. Okay? Unfortunately, the accurate story about Fetterman, instead, became a false story about Burns and even an attempt to destroy her career.

This included a veiled threat from Fetterman's wife, who used her large platform to demand an apology from Burns, while threatening consequences for her reporting.

One has to wonder, what those consequences would have been. And so the truth about John Fetterman's cognitive abilities remain buried. A secret. But a secret well-known to journalists with personal access to him, since late July, and those who have observed him, failing to comprehend anything his supporters say to him on the rope line.

They said and wrote nothing. The question is: Why?

Were they afraid they would receive the vicious cancel treatment and threats that Burns got? Were they afraid they would hurt the political team, that they were not so secretly rooting for? Either reason is a stain on the journalistic profession. Those culpable should really never again mock anyone who question the honesty of the press. Then she goes in to how the Democrats were doing the same thing.

This is the way it used to work. This is why they try everything, to silence you. They do everything they can, to control social media.

Because social media, really is talk radio was the only defense. Before social media, it was programs like this and Rush Limbaugh. That allowed you, to talk.

Allowed the voice of Middle America, to be heard. No other format allowed that.

We also, because of Rush Limbaugh, had millions and millions and millions of listeners. And that hadn't happened before. So that was the beginning of the end. Once -- I mean, I worked, you know, 30 years, to gain an audience. Learn enough to be able to have people want to hear what I have to say.

And trust that I'm not a complete to it. I am an idiot. But not a complete idiot. But the audience now has an audience. You can have an audience. You most likely do. Even if it's a couple hundred on Facebook. You have an audience every day.

That's what they've got to stop. Because that's the regular person. Whether they're the crazy guy, that nobody talks to, down -- you know, on the corner, that everybody is like, hey, kids, don't talk to have. And definitely, don't take any candy from him. He's a teacher.

You know, you've got that guy. Nobody ever heard him. But that guy who is like, you know, pedophilia is not that bad. He's now got 5,000 people. Because there's 5,000 people that believe that.

That's what they try to use as a threat to democracy. Are those people who have lived amongst us forever, but they were quiet. I would rather know who they are. But the media needs to build those voices up, to scare you. To scare you, so you go, somebody has to stop this. And you go running into the arms of the people who are trying to silence everybody.

Not just the pedophiles. Everybody.

But now, because the genie is out of the bottle. And with Elon Musk, yesterday, taking over Twitter. Last night, 11 o'clock, he tweeted, the bird is free.

Things are going to change.

You don't trust the media anymore.

What is sad is, a lot of people now are getting their news from TikTok. TikTok.

I've never seen anybody with a clue on TikTok

How Corrupt Democrats & Media COLLUDE to Lie | Former AG Bill Barr

Why have the American people lost so much trust in the country's major institutions? Former Attorney General Bill Barr joins Glenn Beck to explain how the Democrats' "totalitarian state of mind" has created a corrupt spiral in which power rules over truth and reality in far too many realms. Barr also discusses the Russiagate Hoax and how it ties in to the Democrats and Liberal Media's willingness to lie to create false narratives.

Watch Glenn Beck's FULL Interview with Former Attorney General Bill Barr HERE

This new bill should TERRIFY anyone with kids in California

Calvary Chapel Chino Hills founding and senior Pastor Jack Hibbs is sounding the alarms. Do you have children in the state of California? If you do, this is your warning: if California passes AB 495, you need to move out IMMEDIATELY. Pastor Hibbs joined Glenn to discuss the controversial bill, which Hibbs argues might be the "worst, most dangerous legislation that has ever come out of California." Hibbs breaks down what the bill says, or more importantly, what the bill DOESN'T say, and how the bills vagueness could be twisted in a way that can cause serious harm to your children. If you've been looking for a sign to move your family out of California, this may be it.

Transcript

Below is a rush transcript that may contain errors

GLENN: Anyway, Jack Hibbs is with us. He's from Calgary Chapel, Chino Hills. He's the founding senior pastor. Author of Call to Take a Bold Stand.

And he's been doing that for a while now. He's really been doing that. The book comes out next -- next month, September 16th.

Welcome to the program, Jack, how are you?

JACK: Glenn, thank you.

And thanks for the plug regarding the book. I just didn't have any idea that Gavin Newsom would help me get this book to the front of the line with all the antics in Sacramento.

GLENN: I know. It is. It is crazy. You have been -- you know, we were just talking to Chip Roy, who is now running for Texas Attorney General. He was in Congress during COVID, and the guy was a pit bull.

And Stu and I were saying, you know, imagine if he would have been governor.

When -- when this was going on, you know, in California with COVID, you were probably the -- one of the major people standing, that really made a difference. I mean, that -- that power didn't scare you at all.

JACK: Yeah, no. Listen. I mean, we had to stand, Glenn.

And you know this. Jesus said, I set before you an open door that no man can shut. He spoke that to the churches in the Book of Revelation. And, frankly, I have no authority to shut the doors.
It's his church, and so we kept -- we kept preaching. We kept teaching. And lo and behold, for well over two years, we were the -- the most populated church for a two-year period of time.

Glenn, we were seeing anywhere from 13 to 15,000 adults on a Sunday morning because people didn't have churches open. So they came to our church. And we were grateful to teach them.

GLENN: All right.

You're on today. Because you said something yesterday, that I found astounding.

It's about something called AB495. I will have to have you explain it here in a second.

But you went online. And you said, if this passes and he signs it in, you, as a Californian -- you have to take your kids and move out of the state.
That's quite a statement.

JACK: Yeah. Listen. It made me sick to say it. It's 100 percent true.

It's the last thing a pastor wants to say to his congregation.

It's that bad. As I explained in a moment to you, it's that bad.

And it's not my opinion. I've been counseled by legal on how bad it is.

And so when I said to the congregation.

Yeah. If you have a kid in school, you have to get out.

If Newsom does not veto this bill, you have to go to your kid out of California for their own safety. It's that bad.

GLENN: Okay. So the -- the left, the media is saying, now, he's making all this up.

Explain what's in the bill.

And let me play pushback on a couple of places.

CHIP: Yeah. Absolutely.

So the assembly bill, 495.

And here's the deal. It's known as the compassion bill. It's a bill that Rodriguez and the entire Democrat legislature of California crafted, and now these are my words. These words are my own, Beck. The next words.

It's a bill designed to stop the bad orange man, because it's all about ICE and its operations in California. And here it is: If an illegal alien is -- is abducted by ICE, and their child is in -- in a state school, or a private school.

Or even a -- a day care center, then this bill would allow an individual -- listen, any individual can go to the website, print out the affidavit from their home. They're going to be asked a question: Did you attempt to reach the parents or the custodians or guardians of this child?

Yes or no. Whatever they checked, then they sign their name.

They write their name. No address is required.

There's no driver's license required. There is no Social Security number required. There's no -- there's no phone number required. The person checks the box. Signs the name. And then writes downtown child's name that they are withdrawing from the school. For the child's own safety, under the whole ruse that their parents or parent was captured by ICE.

Here's the crazy thing, Beck. Glenn.

Is that in California, the -- the California education code. We already have this.

It's California's education code. 234.7: In the event of a child not being able to be picked up or taken in fear of a family member, being by accident, by death, whatever.

We already hit this block.

So the reasons we are freaking out about this law, and making it loud, is the fact that, who is that person that downloads and prints out that affidavit?

It can be anybody. The bill literally states, they don't have to be a relation. It can be anyone who is possessing this affidavit, that is downloadable and printable at your own home.

So theoretically, Glenn, somebody could be down the street from your grandkids or your grandchildren. And they can see you go to work at a certain time of day. They know your kid goes to a certain school.

They can go to that school with that affidavit. Extract your child out.

Here's the punch line.

Because it's an affidavit, the school cannot refuse the requester of that child.

When you, Glenn, go back to pick up your child at the end of the day. The school is under no obligation to tell you, who it was. Or where they went.

And that's why we've got -- and I'm not going to name the names yet. But we've got great legal minds. That are nationally recognized, that have reviewed this bill.

And, Glenn, they said this is so important.

In almost everything we do, the devil is in the details. President fine print. They said, not this point.

This -- this bill is so vague, that it would be hard to defend a parent trying to get their child or find their child. Because it is so loosely and so broadly written. So vague. And, Glenn, we have been told that's the worst thing that you could have happen in California's government. Because our legal systems, the judges. You name it. It is a dangerous bill, Assembly Bill 495.

GLENN: How well do people in California know this bill?

JACK: Well, I've got to tell you, on Tuesday, we called an impromptu rally at the state Capitol, and we had 6500-plus people show up.

So the sergeant-of-arms told us, that it was the largest gathering regarding legislation concern in 30 years. So, yeah. Good question, Glenn.

I'm grateful to -- to agencies like NewsMax and Fox, and KFI radio here in Los Angeles.

Was CBS there? Was NBC there?

No. So it's grassroots.

When people are finding out about it. And reading about it. They're -- I mean, they are getting involved.

Here's the cool thing, Glenn: People showed up. They were respectful, but they were loud.

They were smiling. But they made their point.

We had a series of speakers. Attorneys and lawmakers. And bottom line is this: The bill has now been placed in suspension. Which means, they -- they pulled it from its progress.

They are going to reconsider the bill.

It doesn't mean they're stopping it. They're reconsidering the bill. They're going to review the bill. It can either die of suspension. It -- by August 29th, it will either die in suspension, or they will advance it to the Senate.

And then the Senate will rubber stamp it.
Because they're all Democrats. I'm sorry if I'm offending any of your listeners right now: California is a Democrat stronghold.

They have a super majority. They don't even put things to our vote anymore. It's no longer we, the people, in California.

They rubber stamp things through. They get it to Newsom. And here's what I'm concerned about.
I was indicted in suspension, Glenn, for this reason.
They're getting so much heat. We've had four Democrat senators tell us, this publicity -- that on Tuesday is killing us. Hey, that's good news. But I don't want it to go to Newsom's desk, because you know what that sly dog will do? He may veto it and then come out and say, see, how moderate I am?

I put this bill away, so vote for me in 2028. Glenn, we're going to make sure that the Democrats in California. And Newsom at the front of the line wears the scarlet letter of AB-495.

GLENN: What are your plans now, the next two weeks?

JACK: Next two weeks, we have people praying. We have a website called realimpact.us. Please, everybody go to it. You can get your marching orders there. Realimpact.us.

It will show you the progress of the bill.
It's going to show you who to call. What state senator is your state senator. Give them a call. Tell them. Oppose it. Kill it. We are -- Glenn, we gave people, that day, after the public speakers. We then immediately held a 30-minute class at the -- at the State Capitol steps.

This is where you go to your legislator. This is how you lobby them. And let's go!

And hundreds and hundreds of people went to their state legislator on Tuesday and demanded, that their senator and their assembly person speak up against the bill. It was absolutely epic.

Again, the largest crowd in 30 years at the California State Capitol.
(music)

GLENN: Well, Jack, thank you for everything that you're doing. I -- I can't imagine what it's like to live in California, where it seems like every day, they're doing something else to injure the people and the families of California.

That's why I live in Texas. That's why I'm moving to Florida. I would live in either one of those states. But, man, I could never live in California. And I've always wanted to live in California. It was a beautiful, beautiful state.
Now, it's an insane asylum.

MARCUS: Yeah. Glenn, it is. Just flying up there. You know the state well.

Flying up there. So we left John Wayne Airport, absolutely gorgeous. We flew up the Central Alley, incredible crop fields growing, beautiful. I could see Half Dome to my right. We could see the fog along the California coastline to the left.

Come into Sacramento. Again, everything is beautiful. Growing fantastic. Until you get close enough to the ground, to see the devastation, that Newsom has allowed to happen to our cities, to our towns.

And even though we're still growing crops in California, that is in spite of his wickedness to cut off water to our growers.

To make life here as miserable as possible.

And this guy wants to run for president?

People need to wake up, Glenn, nationally.

And rally with us.

Because if you don't like California, people.

You need to help us. Because Newsom is coming for America.

And he's in the worst possible -- Glenn, I'm concerned.

Because he's tall, dark, and handsome, so to speak. He's got the hair. He's got the voice.

He looks like Batman. He's cool looking. Until you listen to his policies. The guy is diabolical, and we must stop this advancement of wickedness.

GLENN: I will tell you, I don't think the rest of America is falling for it. But then again -- then again, I didn't think that you could have a socialist and Islamist run and win in New York.

So what do I know?

Jack, thank you so much. Everything that you do.

You can go to JackHibbs.com. What is the -- what is the other website you just gave me?

JACK: Yeah. Real impact.

Like real. Reality. Real impact, like a punch. Impact. Realimpact.us.

GLENN: Thank you very much, Jack.

Bed Bath & Beyond Boss CALLS OUT Gavin Newsom for WRECKING business

Bed, Bath, & Beyond Executive Chairman Marcus Lemonis sparked a firestorm in Gavin Newsom's Press Office yesterday when he announced that Bed Bath & Beyond, which is coming back from bankruptcy, would NOT be opening locations in the state of California due to the high costs of doing business in the state. Gavin Newsom launched an attack on Lemonis, but he joined Glenn to share that he's not backing down, and many CEO's in the industry may be on Bed, Bath & Beyond's side here...

Transcript

Below is a rush transcript that may contain errors

GLENN: Marcus Lemonis is joining us next, the chairman of Bed, Bath & Beyond. Let me tell you about Tunnel2Towers. Imagine being told that your husband or your wife, the love of your life is not coming home tonight. Or ever again.

That they gave their last full measure of devotion as a first responder or a soldier or police officer in the line of defense. You don't just lose your partner. You could lose the roof over your head now. Your kids, not just losing their family or their father or their mother. But also, the house they grew up in.

Lose the future, the security of your family, you know, needs.

You're having to worry now about grieving while worrying about, what is going to pay the bills next month?

Not on our watch!

That is the movement of Tunnel2Towers. Tunnel2Towers is a fantastic charity. It's a national promise, that the cost of freedom and safety will never be carried by these families alone. They pay off the mortgage. They take care of these families. And he this never forget the sacrifices of our country's grates heroes. Donate, while the rest of the world is saying, you know. Cops and soldiers, and everything else. Screw off.

They're asking to you donate $11 a month, to care for these heroes. T2T.org. That's T2T.org.
(OUT AT 8:29 AM)

GLENN: Marcus Lemonis. He's the executive chairman of Bed, Bath & Beyond, and he's currently in a -- some sort of a fight, if you will. I don't think he's fighting it. I think he's reacting like a gentleman and a businessman, with his responses to Governor Newsom, but he's in this argument with Governor Newsom. Because he said, yesterday, Bed, Bath & Beyond just cannot do business in California anymore. It's just too expensive. It's just too overregulated. It no longer makes sense for Bed, Bath & Beyond.

Welcome to the program, Marcus.

MARCUS: Good morning, how are you?

GLENN: I'm very good. I'm very good. I just want to point out before we go. Because I think this is important to say.

Because you started yesterday saying, this is not about politics. And I just want to point out, that you're not a Trump supporter. You know, in 2017, you came out. And I'm not going to go through it because you went back and forth and corrected and everything else.

But, you know, you criticized what Donald Trump said in Charlottesville, when it was thought that he had said, you know, hey, and the Nazis are pretty good too.

Which we all know because the full audio and video is out. And we can show that's not what he was talking about at all.

But you came out, as did a whole buttload of other CEOs.

And said, you know, if that's what you believe. Then, you know, please.

We tonight necessarily want you shopping here.

So it's not that you are doing this because you're a big Trump supporter. I -- when I saw your name attached to this. I thought, no, no, no. This is about business.

Because he's not on either side on this.

MARCUS: Yeah. I'm not on either side --

GLENN: Is that accurate?

MARCUS: Yeah. It's kind of accurate from a historical standpoint. It's not accurate from a modern standpoint.

I think as time has gone and the facts have been revealed, and things have played out and moves have been made by this administration. That I think advanced business. And advanced the American, you know, citizen. In a way that I think, it puts us back on track.

I would say that I feel very differently today, than I used to. And that's really not an emotional reaction. That's an intelligent reaction, and just looking at what the administration is doing to try to deregulate business.

Not to the advantage of -- of a worker. And not to the disadvantage of anybody. But to the training of capitalism in our country.

And to the advantage of investing in American business. And, you know, just as a reminder, Glenn. You and I met a long, long time ago when I had the profit at CNBC. That, you know, can't be -- and I've been through hell and back, trying to defend the flag from the same kind of ideology that I'm seeing out of California.

Which is, your flags are too big. They're not approved. And everybody does a little research. They'll see, that cities have sued me.

Cities have threatened to take me to jail. And the flag still hasn't been taken down. What you'll find with me is I'm trying to be really pragmatic. I also happen to be a resident of Chicago. And if anybody wants a preview to the movie of what's going to happen in New York City, come to my apartment on Michigan Avenue. And I'll give you a preview of what's happened and how socialism is just crushing not only my personal property, but other businesses around.

So I would say, as one gets smarter, one gets older. One learns more. One listens. But, you know, you evolve as a human. And I want to make sure that we're clear about that.

GLENN: I have to tell you, I -- it doesn't change my point of view that this is about business.

But I'm so glad that you cleared that up. Because, you know, that's all people should be striving for. Is when there are new facts available, you will actually say, oh, wait a minute.

I didn't see that.

I didn't know that.

MARCUS: I was wrong. I was wrong.

GLENN: And that's so rare.

So thank you for that.

MARCUS: Yeah. Yeah.

GLENN: So, you know, let me give you -- let me give you another slam from the left, or from, you know, the people on Twitter.

And even Gavin Newsom.

Oh, you were out of business. And this is just a business move to get your name out there. That's the only reason why you're taking California on.

MARCUS: Yeah. Well, let's talk about that. Number one, you know, I took over, a company called Overstock about a year and a half ago. And Overstock was a business that had been out there a long time, and they bought the intellectual property in the fall of '23 from the bankrupted state of Bed, Bath & Beyond.

And the reason that I took it over, is because the company had lost its way, was losing a lot of money. And I recommended to the shareholders, that we would get back to profitability. And as part of that, Bed, Bath & Beyond is a significant underpinning of that. And so I needed to remind both Governor Newsom and other folks, who, you know, were celebrating the fact that Bed, Bath & Beyond had gone out of business, were celebrating that Bed, Bath & Beyond had filed bankruptcy. And it's true. It's a fact. As I told Hannity last night, it happened.

The reality of it is that American is built on the modern day comeback, and we've invested hundreds of millions of dollars in Bed Bath. We run a billion-dollar online business. We bought a business called Kirklands, that is out of Jackson, Tennessee.

A family business, and we're using those 300 stores to convert. Fourteen of them are in California.

I was disappointed to see Governor Newsom, in my opinion, just the kind of level of professionalism. Instead of saying, you know what, I don't agree with your points.

And I think you're doing this for the wrong reasons, or whatever he wanted to say. However, comma, I would love to figure out how you and a bunch of other business leaders can tell me, as the governor of the fourth largest economy in the world, as he likes to remind us every single day, how to make it the third largest economy. And what I could do, what -- what things are out there, that I'm willing to comprise under, that I'm willing to help understand, that will drive investment back into my state. That will drive capital back into my state.

That will fill commercial real estate, back into my state, to appreciate commercial properties. Residential properties and be to drive value.

Because as the governor of the state. My job is to protect my people.

I get it. Fine.

But also to create positive cash flow for my state.

Which means I generate more than I spend.

But I don't want to do it on the backs of creating another nonsensical tax.

I didn't get that.

And that's really what has made me convinced, that Governor Newsom is not doing things for the benefit of California. He's doing things because he thinks that his so-called base is going to rally around his nonsense.

GLENN: So can you -- have you heard from other CEOs? In the last 24 hours?

Have you heard from anybody else in California.

You don't have to name names. Say the same thing?

MARCUS: Yeah. I won't. I've heard from very, very significant tech leaders in the state of California.

Asking if there's a way for them to set up with a meeting with Governor Newsom and myself.

Of course the answer is yes.

But they all acknowledge the silliness behind appointing capitalism and rejecting capitalism. And essentially, it's this dirty word.

And everybody who wants to make money or experience success is a bad person.

And that seems to be the theme that's coming out of the governor's office. Particularly with his -- I guess it's his intern-run pressroom Twitter account. Or whatever it's called these days.

GLENN: So this is not a final decision with you.

He could do something to change your mind?

MARCUS: I think if Governor Newsom was -- was really thinking about the political run and running a state that he believes -- is a super state in the country.

He would invite myself.

Maybe not me.

Maybe I'm not qualified to be in a room with him.

But other CEOs to say. Hey. I'm hearing this.

And I want to learn. I want to change.

Much like I said to you at the beginning of the conversation. What facts too I not have?

And how can you convince me, how I can do better? How I could learn more. That's the sign of a good leader. That's a leader I want to follow.

And that's I think, even, if you take a look at our current president's -- I think he's got a different tone in the second term than his second term.

And I couldn't be convinced otherwise. It feels far more collaborative. And that's what I'm looking for.

GLENN: Yeah. The -- let me play the opposite side here for a second. And to say what Trump is doing. I -- I see the regulation.

I see what's -- what -- he's doing to business. And thank God, it's a -- I can finally breathe again, as a businessman.

However, if I'm in your business. I would assume, you get a lot of material. A lot of -- a lot of your products from China. How -- how are the tariffs affecting you?

MARCUS: Oh, we've diversified our products. And the one thing that when I came in made it a bit of a mandate. And it's a balance between providing value to our shareholders and doing what I think is right.

You know, I come from the RV world, where we make everything in Indiana. We have employ tens of thousands of people, that make products in this country.

But there are parts and pieces that come from overseas. And the reality of it is, that until manufacturing in the US is -- is set up and can handle the capacity, in the short-term, there is an alternative sourcing.

And that applies to furniture and lighting.

And certainly tech styles coming from around the world.

And the tariffs aren't great. And I don't think Trump would even try to defend they're great.

It's a rebalancing act. Here's the thing I mentioned, big money the other day. If you're really thinking about the triangulation of how Trump is approaching, rebalancing everything.

Whether it's using energy as the leverage to bring Ukraine and -- and Russia to the table.

Or using tariffs to bring other world leaders to the table.

It's all really -- being done, in my opinion, to recalibrate America's position, both politically, and financially, in a way that -- that may change our dominance.

GLENN: It is. You know, I think that is -- I think you were spot-on. And you were seeing that with the way he handled Ukraine.

You know, he went in tough with the tariffs over in Europe.

And with NATO. He was tough with them.

And then he then said, you want to support Ukraine?

You can buy the stuff from us.

But you have to do it. But we'll provide it to you.

And now look at all the world leaders are at the table.

America is leading again. Just not spending all the money and doing all the work.

We are in the actual leadership position, which is remarkable. And I think he's doing that in every -- in every category.

MARCUS: Yes. And I think -- I think the one thing that this administration can knowledge is that the national debt is at a level that nobody believes it should be at. And the deficit is at a level that nobody believes it should be at. And it's a very complicated, but not overall complicated math equation. We have a certain amount of money leaving.

And we have not enough money coming in.

And the way you rejigger that is to find the balance.

And nobody I know, including myself. Will argue that the tariff execution in the last six months has been perfect.

I don't even think this administration would argue it's been perfect.

It's been herky-jerky on the market, Herky-jerky for business leaders. And at some point, we all pray that it finds its footing, at some point.

And nobody should try to convince anybody, that the consumer isn't going to be slightly pissed.

But the balancing act of being slightly fixed on the tariff's side, is what sort of relief could happen on the variable interest rate side. And that's why you see this other piece being triangulated around.

Where is the monetary policy? And how can that be modified to provide the relief to offset?

GLENN: Let me ask you: Are you as a pretty influential business leader.

Are you -- what's your outlook look like for the first half of next year. People are kind of holding back. Holding their breath. Not sure what to do.

Are we headed towards better times?

Or same kind of times. Or worse times, do you think?

MARCUS: I think we're headed towards unfortunately, probably, a little bit more of the same, of what may be extracted from that is a little bit of the volatility.

The consumer does have, you know, a significant amount of debt.

And they do have a significant amount of pressure because of the interest rates. The balance on the interest rates are, you can't just rip them down by two points tomorrow. That's going to create chaos.

You have to stair step it down. And like in retail or any other business, you test, then you measure, then you test, and you measure.

And I think what Trump has been saying and what Bessent has been saying, is we just got to get some relief for consumers. One point, Glenn, that I want to make. And inflation during the COVID period was a function of too much money in the system.

Too much free money in the system, and demand outpacing supply. In this particular instance, we don't have a demand outpacing supply problem. We have a reset of the cost of goods problem. And it's a different type of inflation.

And some people have said to me, that's the stupidest thing I've ever heard.

There's only one type of inflation.

And the truth is, that's not right. Inflation driven by demand, outpacing supply, is a runaway train.

Inflation, because you're resetting and recalibrating prices. When supply and demand are irrelevantly tight in nature, is an adjustment period.

It's transitory.

And you have to really look at the difference between the two. And I think the fed needs to understand the difference between two of those.

Again, that's why business leaders should be far more involved.

GLENN: Marcus, it's great to talk to you again.

And I have to tell you, I think that's the first time anybody said, this inflation is transitory, that I have agreed with.

Really great analysis on that.

Thank you so much. Marcus Lemonis from Bed, Bath & Beyond.

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