RADIO

Airplanes will KEEP BREAKING if we don't abandon THIS

Boeing is once again in the spotlight for all the wrong reasons. This time, a door plug fell off an Alaska Airlines jet mid-flight. So, what's going on with Boeing? Glenn reads a piece from author Porter Stansberry, who breaks down 2 major decisions Boeing made that took the company from a poster child for engineering to a company facing possible bankruptcy: First, Boeing switched its focus from engineering to "financial engineering," and then, it fully embraced ESG. "We will continue to have planes fall out of the sky" as long as ESG is king. But that isn't just true for airlines, Glenn says: "Until our government gets away from this craziness, America's republic will keep falling out of the sky."

Transcript

Below is a rush transcript that may contain errors

GLENN: So I got something from Porter Stansberry.

And I want you to listen to this.

A year ago, we published a tire warning about a mega cap American stock.

This was the only mega stock we told investors to avoid. It's no ordinary business.

It's America's most strategically important company.

Listen to that. America's most strategically important company.

We said it would soon collapse.

On January 27th, 2023, the headline was, coming soon, the Boeing collapse. How did we know?

Well, for the last 20 years, there hasn't been a company in America, that has embraced more bad ideas from financial engineering to ESG. Than Boeing.

In 1997, Boeing merged with fellow aerospace manufacturer McDonnell Douglas in a $13 billion stock swap. It was a match made in hell. Boeing was known for quality, McDonald was known for financial engineering, with a focus on cost-cutting.

And the company share price.

Although the Boeing name survived, it was McDonnell Douglas' attitude that prevailed.

McDonald's CEO Harry Stonecipher, who took over the day to day operations of Boeing immediately took a carving knife to Boeing's highly paid engineering staff.

In May 2001, Boeing management made a physical break with its engineers, manufacturing headquarters. Stated Seattle while corporate moved to downtown Chicago, 1700 miles away.

That split symbolized the growing stance between the builders and the bosses. To say the company's engineers were disenfranchised, doesn't describe it. Boeing Boeing's entire culture was erased. CEO stone cipher even bragged about what he had destroyed. Quote be when people said I changed the culture of Boeing, that was the intent. So that's like a business. It's run like a business, rather than a great engineering firm.

Hmm. I don't know if you know this, but making airplanes fly really requires a great engineering firm. But maybe that's just me.

Today, both Boeing's CFO Brian West and CEO David Calhoun are formerly senior GE finance people, and they've done to Boeing, what they did to GE: Destroy the balance sheet.

From 2010 to 2019, Boeing spent $44 billion on buying back its own shares, while adding $50 billion in debt.

This reduced the share count by 23 percent, and sent the stock price up 200. But the underlying business, bean counters cannot build airplanes. Boeing's planes began falling out of the sky. As a result, free cash flow plunged to negative 4.3 billion annually by 2019. Today's bankruptcy of Boeing grows more certain. Cumulative net income over the last three years, is negative 20 billion.

And the company has $52 billion now in total debt. Interest expense is currently 2.5 billion a year.

But that's going to move much higher as Boeing's at the time will be downgraded to junk. But never fear. Investors have nothing to worry about. With one of America's greatest and most important companies spiraling towards bankruptcy.

Stephanie Pope is the chief operating officer of Boeing.

She holds a bachelor's degree in accounting, from Southwest Missouri State University.

And an NBA from another intellectual powerhouse, Lindenwood University.

She also has zero engineering background.
Now, why would someone with this kind of background be placed in charge of operations, in the world's leading aerospace engineering firm?

Maybe it's because she is the executive sponsor of Boeing's women inspiring leadership. A group dedicated to increasing gender diversity, awareness.

Boeing's planes keep falling apart.

These outcomes are the results of years and years of bad ideas.

Starting with the intentional destruction of Boeing's engineering culture. Followed by GE-style financial engineering. Now the company's full embrace of modern Marxism ESG. Like we predicted a year ago, Boeing is going to collapse. When the debt gets downgraded, the stock will drop by more than 50 percent to below $100. And that's just what we warned about GE and GM.

Boeing is a wonderful metaphor for our entire society. When -- now, listen carefully, boys and girls.

When we promote people, because of their political views, or their race, or their sex. Even if that sex is completely made-up, instead of what they know and who they are, the content of their character. We will continue to have planes fall out of the sky.

Whatever company is involved in all of this stuff, their, quote, planes whatever it is they build will fall out of the sky. Until our government gets away from this craziness, America's republic will fall out of the sky.

Help me just give you a couple of things.

First of all, do you think this is a good idea?

The NIH has spent millions on equity, LGBT issues instead of researching cures.

How do you think that's going to work out for us?

DEI, the boon toggle cost us millions.

And yet, in all of these -- all of these universities. All of these countries, I'm sorry. Companies. That are embracing DEI. University of Michigan, is paying probably a total of about $80 million a year for their 142 employees, to promote DEI and all the programs. Okay?

So how is it working out? $85 million was spent on DEI. At that one university.

Black student's experience on campus hasn't improved. Hispanic and Asian enrollments increased. But black enrollment dropped slightly from 4.3 to 3.9, with percentage of students who were satisfied with the overall campus climate. It decreased 72 percent to 61 percent.

Your education plane is about to fall out of the sky. How about energy?

Let's all go EV. And, in fact, let's have a government that thinks they know better. Thinks that they are God!

And so they are going to reduce the oil that we can pump.

Starve us for anything that we know historically works.

To give us a bunch of crap that doesn't work. That we still have to have the energy to propel.

We still have to make electricity, so the car can plug in!

Where is that coming from, gang?

Oh, don't worry about it. These cars are so great.

Really? Did you hear?

I think it's Hertz is getting rid of all their EVs. They're turning in their entire fleet. And that's happening over and over and over and over again.

Meanwhile, hey, let's be more like Europe. Let's be more enlightened like France. France is dropping its renewable targets to fully embrace nuclear energy.

Why?

So they have energy sovereignty!

Sovereignty, how dare France separate itself from the collective.

And, meanwhile, of MSNBC. Chris Matthews, on Wednesday, claimed that -- and I'm quoting.

Rural Americans are essentially members of a cult, who will vote in, quote, their craziness.

If Democrats don't show up at the polls.

Our craziness.

Our craziness.

I've had enough. I've really had enough.

What is our craziness, Chris, that we want to vote in?

How about the president actually has to go to Congress, to ask if, hey. Can we get into another war?

That's not Republican craziness. That's currently democratic craziness. As we are now backing into a war, in the Middle East. Another one!

Is that crazy to ask?

Is it our love for history, and heritage, that's so crazy!

The mission statement in our Declaration of Independence. That all men are created equal?

That we don't believe that to be antiracist, you must indeed be racist!

To do the opposite of what Martin Luther King preached.

No. I don't think that's crazy.

I think that's settled science. Are we crazy for demanding that our border be shut down, until we can get control!

Is it crazy to say, 10 million new people have come across our border.

We don't know who they are.

They're -- we're building shantytowns. Our kids are being kicked out of their own schools.

So we can put illegals, in a nice home, because we're out of hotels.

Is that crazy?

Is that crazy.

We don't even know who is in our country, Chris!

Mark my words.

The intelligence offices in the United States, just came out with a warning. They said that Hezbollah, Hamas, they have a -- probably some operatives here in the United States.

Oh, do you think so?

So does every country that hates us! They're lining up at the border. And we let them through. And, boy, it's really crazy to ask why the Biden administration said, oh, if they're from China, pretty much just let them through.

Did we learn nothing from 9/11? Or did I just dream that up, in a crazy fever dream, Chris.

Is it crazy to insist the Constitution be followed. And the Bill of Rights!

That maybe we don't have secret courts. Maybe we're not spied on. That our CIA and other intelligence agencies don't conduct cognitive operations, quote, unquote.
On our fellow citizens.

Is it crazy to say, we need to be energy independent. At a time when oil tankers are being hijacked by Iran. When whole fleets of electric cars are being sold. And the old combustion engine is back.

Because the tech isn't there. Is it too much to ask, in a country like ours, to allow the citizens of the country, a republic. To make their own decisions on what they buy. What they eat. What medicine they inject in their own bodies. Is it really all that crazy to demand that the government rein in spending, when we're at 34 trillion dollars in debt. And our deficit. Just our deficit in December alone, was 50 percent higher, than they said it would be.

Is it really crazy to question authority, when that authority has lied to you, about serious issues? Too many to even -- even count.

Corruption, at the highest levels. Laptop, Russia. Clinton servers. January 6th. Ray Epps. ESG. Collusion with big tech, to silence and censor those that do question, is that really -- is it really crazy, Chris?

Because to me, it doesn't sound all that crazy. How about some accountability?

It's so crazy to ask for some answers on what happened in Afghanistan. Losing at least a billion dollars now, just reported of our hard-earned money in Ukraine.

And dare I say, the lab leak.

Our role in that. As well as all the lies from the government and the companies like Pfizer and Fauci?

It isn't crazy for those of us who actually believe in the Constitution.

For those of us who actually believe in the Declaration of Independence. And the Bill of Rights. And the rule of law. Not to be dismissed, demonized, called traitors, insurrectionists, or crazy. And, Chris, until you and your elitist, leftist friends, who despise half the country. The half that actually works hard. Plays by the rule.

Pays their taxes. Fight and dies in our country's war. Stop acting like all of your new ideas, like 100-plus genders, teaching of history. That destroys the actual truth. Until you abandon your elitist attitude, that we're all rubes. And only you know better. Well, I guess we'll continue to be crazy in your eyes.

But in our ours, it is your indeed clinical, mental illness, that is the real danger to freedom. Ten months. Or dare I say it, the republic.

THE GLENN BECK PODCAST

Are Epstein's "Blackmail Videos" Being Used for Leverage RIGHT NOW?

What was Jeffrey Epstein's operation all about. If he was at the center of a massive blackmail operation to compromise those in positions of power, who is in possession of that information now? Glenn Beck and ATF Whistleblower John Dodson analyze the details of this situation and give their thoughts on what is the most likely reality surrounding Epstein.

Watch Glenn Beck's FULL Interview with ATF Whistleblower John Dodson HERE

TV

WARNING: How America Elects a Socialist President in 2028 | Glenn TV | Ep 444

The rise of Zohran Mamdani, the 33-year-old socialist who just won the Democratic primary for mayor, is not just a political earthquake shaking New York City — it’s a warning for the rest of America. Backed by Bernie Sanders, AOC, and the Democratic Socialists of America, Mamdani promises free everything, to tax the rich, and to dismantle capitalism. There’s nothing new about this tired strategy, but the media is propping him up as a new political genius. And with Democrat leaders lining up behind him, it’s clear: This radicalism isn’t fringe anymore. It’s the Democratic Party’s future. Mamdani’s rise is part of a larger movement that’s rewriting America’s values. Glenn Beck explains how New York is the prototype for the Left’s socialist makeover of America. Victor Davis Hanson, senior fellow at the Hoover Institution at Standford, gives a terrifying prediction on Mamdani’s mayoral race chances and warns the revolution is coming for mainstream Democrats. He also dives into MAGA’s frustration with the Trump administration's handling of the Epstein files.

RADIO

Did CLOUD SEEDING cause the Texas floods?

Did cloud seeding cause the 4th of July Texas floods? Rainmaker founder and CEO Augustus Doricko, who has been blamed for the flooding, joins Glenn Beck to make the case that it’s impossible for his July 2nd operation to have caused the disaster.

RADIO

Salena Zito reveals WHY Trump said “Fight! Fight! Fight!”

“I have a new purpose,” then-candidate Donald Trump told reporter Salena Zito after surviving the assassination attempt in Butler, Pennsylvania. Salena joins Glenn Beck to reveal what Trump told her about God, his purpose in life, and why he really said, “Fight! Fight! Fight!”, as she details in her new book, “Butler: The Untold Story of the Near Assassination of Donald Trump and the Fight for America's Heartland”.

Transcript

Below is a rush transcript that may contain errors

GLENN: Salena, congratulations on your book. It is so good.

Just started reading it. Or listening to it, last night.

And I wish you would have -- I wish you would have read it. But, you know, the lady you have reading it is really good.

I just enjoy the way you tell stories.

The writing of this is the best explanation on who Trump supporters are. That I think I've ever read, from anybody.

It's really good.

And the description of your experience there at the edge of the stage with Donald Trump is pretty remarkable as well. Welcome to the program.

SALENA: Thank you, Glenn. Thank you so much for having me.

You know, I was thinking about this, as I was ready to come on. You and I have been along for this ride forever. For what?

Since 2006? 2005?

Like 20 years, right?

GLENN: Yeah. Yeah.

SALENA: And I've been chronicling the American people for probably ten more years, before that. And it's really remarkable to me, as watching how this coalition has grown. Right?

And watching how people have the -- have become more aspirational.

And that's -- and that is what the conservative populist coalition is, right?

It is the aspirations of many, but the celebration of the individual.

And chronicling them, yeah. Has been -- has been, a great honor.

GLENN: You know, I was thinking about this yesterday, when -- when Elon Musk said he was starting another party.

And somebody asked me, well, isn't he doing what the Tea Party tried to do?

No. The Tea Party was not going to start a new party.

It was to -- you know, it was to coerce and convince the Republican Party to do the right thing. And it worked in many ways. It didn't accomplish what we hoped.

But it did accomplish a lot of things.

Donald Trump is a result of the Tea Party.

I truly believe that. And a lot of the people that were -- right?

Were with Donald Trump, are the people that were with the Tea Party.


SALENA: That's absolutely right.

So that was the inception.

So American politics has always had movements, that have been just outside of a party. Or within a party.

That galvanize and broaden the coalition. Right? They don't take away. Or walk away, and become another party.

If anything, if there is a third party out there, it's almost a Republican Party.

Because it has changed in so many viable and meaningful ways. And the Tea Party didn't go away. It strengthened and broadened the Republican Party. Because these weren't just Republicans that became part of this party.

It was independents. It was Democrats.

And just unhappy with the establishment Republicans. And unhappy with Democrats.

And that -- that movement is what we -- what I see today.

What I see every day. What I saw that day, in butler, when I showed I happen at that rally.

As I do, so many rallies, you know, throughout my career. And that one was riveting and changed everything.

GLENN: You made a great case in the opening chapter. You talk about how things were going for Donald Trump.

And how this moment really did change everything for Donald Trump.

Changed the trajectory, changed the mood.

I mean, Elon Musk was not on the Trump train, until this.

SALENA: Yeah.

GLENN: Moment. What do I -- what changed? How -- how did that work?

And -- and I contend, that we would have much more profound change, had the media actually done their job and reported this the way it really was. Pragmatism

SALENA: You know, and people will find this in the book. I'm laying on the ground with an agent on top of me.

I'm 4 feet away from the president.

And there's -- there's notices coming up on my phone. Saying, he was hit by broken glass.

And to this take, that remains part of this sibling culture, in American politics.

Because reporters were -- were so anxious to -- to right what they believed happened.

As opposed to what happened.

And it's been a continual frustration of mine, as a reporter, who is on the ground, all the time.

And I'll tell you, what changed in that moment.

And I say a nuance, and I believe nuance is dead in American journalism.

But it was a nuance and it was a powerful conversation, that I had with President Trump, the next day. He called me the next morning.

But it's a powerful conversation I had with him, just two weeks ago.

When he made this decision to say, fight, fight, fight.

People have put in their heads, why they think he said it. But he told me why he said that. And he said, Salena, in that moment, I was not Donald Trump the man. I was a former president. I was quite possibly going to be president again.

And I had an obligation to the country, and to the office that I have served in, to project strength. To project resolve.

To project that we will not be defeated.

And it's sort of like a symbolic eagle, that is always -- you know, that symbol that we look at, when we think about our country.

He said, that's why I said that. I didn't want the people behind me panicking. I didn't want the people watching, panicking.

I had to show strength. And it's that nuance -- that I think people really picked up on.

And galvanized people.

GLENN: So he told me, when he was laying down on the stage.

And you can hear him. Let me get up. Let me get up.

I've got to get up.

He told me, as I was laying on the stage. I asked him, what were you thinking? What was going through your head? Now, Salena, I don't know about you.

But with me. It would be like, how do I get off the stage? My first was survival.

He said, what was going on through his mind was, you're not pathetic. This is pathetic.

You're not afraid. Get up.

Get up.

And so is that what informed his fight, fight, fight, of that by the time that he's standing up, he's thinking, I'm a symbol? Or do you think he was thinking, I'm a symbol, this looks pathetic. It makes you look weak.

Stand up. How do you think that actually happened?

SALENA: He thinks, and we just talked about this weeks ago. He -- you know, and this is something that he's really thought about.

Right? You know, he's gone over and over and over. And also, purpose and God. Right? These are things that have lingered with him.

You know, he -- he thought, yes.

He did think, it was pathetic that he was on the ground. But he wasn't thinking about, I'm Donald Trump. It's pathetic.

He's thinking, my country is symbolically on the ground. I need to get up, and I need to show that my country is strong.

That our country is resolute.

And I need people to see that.

We can't go on looking like pathetic.

Right?

And I think that then goes to that image of Biden.

GLENN: You have been with so many presidents.

How many presidents do you think that you've personally been with, would have thought that and reacted that way?

SALENA: Probably only Reagan. Reagan would have. Reagan probably would have thought that.

And if you remember how he was out like standing outside.

You know, waving out the window. Right?

After he was shot.

GLENN: At the hospital, right.

SALENA: Had he not been knocked out, unconscious, you know, he probably would have done the same thing.

Because he was someone who deeply believed in American exceptionalism.

And American exceptionalism does not go lay on the ground.

GLENN: And the symbol.

Right. The symbol of the presidency.

SALENA: Yeah. Absolutely. And I think that affects him today.

GLENN: So let me go back to God.

Because you talked to him the next day. And your book Butler.

He calls you up.

I love the fact that your parents would be ashamed of you. On what you said to him.

The language you used. That you just have to read the book.

It's just a great part.

But he calls you the next morning. And wants to know if you're okay.

And you -- you then start talking to him, about God.

And I was -- I was thinking about this, as I was listening to it. You know, Lincoln said, I wasn't -- I wasn't a Christian.

Even though, he was.

I wasn't a Christian, when I was elected. I wasn't a Christian when my son died.

I became a Christian at Gettysburg.

Is -- is -- I mean, I believe Donald Trump always believes in God, et cetera, et cetera.

Do you think there was a real profound change at Butler with him?


SALENA: Absolutely. You know, he called me seven times that day. Seven times, the take after seven.

GLENN: Crazy.

SALENA: Talked about. And I think he was looking for someone that he knew, that was there. And to try to sort it out.

Right? And I let him do most of the talking. I didn't pressure him.

At all. I believed that he was having -- you know, he was struggling. And he needed to just talk. And I believed my purpose was to listen.

Right? I know other reporters would have handled it differently. And that's okay. That's not the kind of reporter that I am.

And I myself was having my own like, why didn't I die?

Right?

Because it went right over my head.

And -- and so I -- he had the conversation about God.

He's funny. I thought it was the biggest mosquito in the world that hit me.

But he had talked profoundly about purpose. You know, and God.

And how God was in that moment.

It --

GLENN: I love the way you -- in the book, I love the way you said that as he's kind of working it out in his own he head.

He was like, you know, I -- I -- I always knew that there was some sort of, you know -- that God was present.

He said, but now that this has happened.

I look back at all of the trials.

All of the tribulations. Literally, the trials.

All of the things that have happened. And he's like, I realized God was there the whole time.

SALENA: Yes. He does. And it's fascinating to have been that witness to history, to have those conversations with him. Because I'm telling you. And y'all know, I can talk. I didn't say much of anything.

I just -- I just listened. I felt that was my purpose, in that moment.

To give him that space, to work it out.

I'm someone that is, you know, believes in God.

I'm Catholic. I followed my faith.

And -- and so, I thought, well, this is why God put me here. Right?

And to -- to have that -- to hear him talk about purpose, to hear him say, Salena. Why did I put a chart down?

I'm like, sir. I don't know. I thought you were Ross Perot for a second.

He never has a chart. And he laughed. And then he said, why did I put that chart down?

By that term, I never turned my head away from people at the rally. That's true.

That relationship is very transactional. It's very -- they feed off of each other.

It's a very emotive moment when you attend a rally. Because he has a way of talking at a rally. That you believe that you are seeing.

And he said, and I never turn my head away.

I never turn my head away.

Why did I turn my head away?

I don't remember consciously thinking about turning my head away. And then he says to me, that was God, wasn't it?

Yes, sir. It was. It was God.

And he said, that's -- that's why I have a new purpose.

And so, Glenn. I think it's important, when you look at the breadth of what has happened, since he was sworn in.

You see that purpose, every day.

He doesn't let up.

He continues going.

And it brings back to the beginning of the book.

Where you find out, that there was another president that was shot at in Butler.

And that was George Washington. And how different the country would have been, had he died in that moment.

And now think about how different the country would be, had President Trump died in that moment. There would be --

GLENN: We're talking to -- we're talking to Salena Zito. About her new book called Butler. The assassination attempt on President Trump. And it is riveting.

And, you know, it is so good. I wish the press would read it. Because it really explains who we are, who Trump supporters are. Who are, you know, red staters. It is so good at that. She's the best at that.