RADIOOctober 20, 2025

Antifa supporters say it's “just like” the Boston Tea Party. Here's the TRUTH...

Ahead of the second round of “No Kings” protests, Glenn Beck takes on an argument from Antifa defenders: they’re just protesters standing up to tyranny, akin to the Boston Tea Party patriots, who also destroyed property. But Glenn takes a look at history to reveal why Antifa is NOTHING like our founding fathers.

Transcript

Below is a rush transcript that may contain errors

GLENN: So is it enough to say, no kings!

Because that's the big movement from the left. They don't want kings. And they're saying Donald Trump is a king.

Well, what is it you do want?

I'm so tired of being against something. I want to be for something.

So, you know, on my website, I've adopted something, and it's been a logo of mine forever.

And it's -- you know, it's -- it's on my -- you know, shirts and different things. That I have personally, forever.

And it is a skull and -- skull and cross bones. But the -- the -- there's a crown that floats above the head of the skull.

And this comes from colonial days. When they would say, no kings!

But they follow that, with no kings, but Christ.

Meaning, the only king they serve is Christ.

Everybody else, and that's why there's the skull and cross bones

The readers of the country are mortal. They die. They turn to dust.

But the crown of Christ doesn't. So my leader is really Christ. And I will -- I will have somebody lead us on earth.

But I serve Christ.

And I will always recognize, they don't have the power of Christ.

They're not gods.

And so that changed everything in America.

Because kings were considered to be appointed by God.

And that changes everything.

So when you say no kings. What exactly do you mean?

By the way, you get the no kings T-shirt and merch, at GlennBeck.com.

You can shop right now. They're really great.

But it's important to ask, no kings, but what?

Well, they'll tell you a democracy.

But a democracy gives you kings!

It gives you dictators. It gives you authoritarians. We know this. Because that's why the Founders wrote the Declaration of Independence. And the Constitution, the way they did. And these guys, unlike anybody who is around today, these guys studied this forever.

And they were honestly looking for what is the best way we can get people to rule themselves.

And they didn't do it, I mean, the reason why our declaration lasted as long as it did. Is because it starts with almost an apology.

It starts like, look, we owe it to you, the king. We owe it to the people of earth. We owe it to God to say why we want to separate.

That's the way it starts. Unlike Antifa, it doesn't start with a list of demands. Look, we don't understand us.

We've tried to explain this to you. But you really don't hear this. We hold these truths to be self-evident. That all men are created equal.

You don't believe that, as the king. You are more equal. You are appointed by God. But we believe that God gives every man, certain rights. Life, liberty, and the pursuit of happiness. You don't believe that.

So they were explaining what they were trying to create, what is it that they're trying to create?

What is it that you're hearing articulate, that is a better idea than all men are created equal?

What gets us closer to that?

I haven't heard it. I've heard no kings. They don't want kings. And they don't want democracy.

But they never go into, what does that actually mean?

And historically, what happens when you have a democracy? They fail, every single time.

So now, they go out and you have Antifa. Now, let me tell you the difference between our Founders and Antifa.

Because, you know, our kids are being taught that, you know, what happened in the Boston harbor, in 1773 with the Boston Tea Party was the same that Antifa is doing!

So let me tell you that story. Small band of colonialists. They're farmers. They're shopkeepers. They're artisans. And they board three ships under the cover of night. Now, they're not faceless anarchists. They're husbands. They're fathers. They're sons of liberty. And they're not out to burn their neighborhoods. They're not out to burn ships themselves.

What they want to do is make a statement against the king that have refused to listen to them.

And so their protest is very targeted, very deliberate, and very symbolic. They abort the ships, and they actually go to the captain of the ship and say, our argument is not with you. We don't want to hurt the ship. We just want the tea. And he says, look, just let me deliver it on board.

Then you can do whatever you want. And we said, no. You can't. You can't deliver it.

We have to throw it from your ship. Because once it's delivered. Then the taxes. He said, yeah. But then I have to get paid. I have to get paid.

And so how do I get paid? And so they talk to him and he said, okay. If you throw it into the water and it's -- it's an attack, then I can get the insurance money. Right?

They swept up the ship. After they put the tea in. Did you -- have you ever been taught this? They swept up.

They got the permission from the captain, unbeknownst at the time to the king, and they swept up.

And it was non-violent. Completely non-violent. Nobody was hurt, nothing was destroyed, except for the tea.

And they dumped that in. Because the king was saying, you have to pay taxes on it. And they were like, no. We're not paying any more taxes. We don't have a voice at all.

You don't listen to us. You just keep taxing us. So we're not taking your tea. They left. No looting. No torch businesses. No innocent citizens bloodied in the streets.

Property was destroyed, yes, but destruction was purposeful, singular.

Squarely at the political agreements of taxation without representation.

And nobody lost anything, except for the insurance companies.

Okay. Now, fast forward 250 years. And look at what we have on the streets. The streets of Portland and Seattle are ablaze. Minneapolis, they set it on tire.

Store fronts are smashed, in their own communities! Federal courthouses are under siege. Neighborhoods turned into war zones. You have federal troops, that are -- are being attacked.

These are not citizens demanding accountability from a king.

They're saying, no king. He's turning into a king.

But, well, is he? Is he?

Because so far, everything that he's done, he's going through and you're trying to stop at the courts. And when the court overturns it. That's when he goes in.

And he's doing it, exactly the way the Constitution is asking him to do it.

Now, these groups are flying the black flag of Antifa.

They are not dismantling attacks. But the entire American system. The target is not representation. The target is, I want to be more free. The target is, America itself.

They're trying to destroy America itself. Our Founders, so you know, they liked the king. They begged him, please, listen to us.

They didn't want to be divorced from England. In fact, when we won the war, I think it was Hamilton who said, "You should just be a king. And maybe we should just go back to the king, because I think they learned the lesson."

No!

Here's the bright line here. The Boston Tea Party was all about restraint.

It was the language of very last resort, when every petition. Every plea. Every legal pathway, had been slammed shut by parliament.

And Sam Adams himself said, it's the last rational step.

Do you see anything that's happening on the streets of Portland. And can you describe that as rational?

Can you see anything that is happening when they're calling for, I want to see that politicians wife, hold their babies, as they die in her arms. Because they've been shot. Do you think that's rational?

John Adams wrote, it is so bold. So daring. So firm. So intrepid.

So inflexible. It must have important consequences.

They wanted liberty.

But they also wanted order, and justice.

And the rule of law. Antifa, contrast, they don't want any of that. They're not seeking reform. They seek destruction.

Their own manifesto declares it. It's abolish capitalism. Abolish police. Abolish the very republic that the guys in Boston were trying to build.

One side is destroyed. The sons of liberty disguise themselves as mohawk Indians. And they were making the symbolic strike against the British economic tyranny there.

And they were doing it, because they had to be able for the ships purposes and everything else, they had to be able to say, it wasn't -- it wasn't this. It was, you know, Native Americans, et cetera, et cetera.

But everybody knew it was the Americans. They knew it was the sons of liberty. Antifa is hiding behind masks. And these masks are to inflict terror on you.

To sew chaos. They target small business owners. People have to beg, don't burn my building down.

Ordinary Americans who have nothing to do with their grievance. If you get on to their side. Quote, their sidewalks. Do you think the Founders ever said that these were their sidewalks?

And what's the result? The Tea Party led to a constitutional republic. Okay? It was designed with checks and balances. Designed for ordered liberty. Designed to protect the individual and their rights.

It wasn't perfect. But what happens when you have Antifa? What does that leave behind?

Shattered glass. Boarded up windows.

Billions in damage. Fear, chaos.

We're living in a point where we are really lucky to be alive.

We're really, truly lucky to be alive.

Because we're being tested on, who are you really?

I've thought about this for a long, long time.

My dad grew up in a relatively good place.

You know, he was -- it was at the end of World War II.

He saw the moon shot.

He saw all the great times of America. Getting stronger and stronger.

Then he saw bad times. And good times again. But generally, with an exception with the rough time of the '60s, he wasn't pushed up against the wall. He group in, you know, Seattle. We didn't have the race riots or anything else.

And so he wasn't really pushed up against the wall ever, in his life. And I wonder, I wondered who he would have been, had he been pushed up against the wall. I think I would know. But I don't know. For sure.

You're pushed up against the wall every day, in every thing you do.

You're pushed up against the wall. What do you believe, that we're standing for? You're going to open your mouth, you're going to shut up and sit down?

What are you going to do? And that's getting hard and harder to do.

But history demands clarity. And we're seeing that clarity now.

The American Revolution was about creation. Antifa is about tearing down.

One birthed the world's longest standing constitutional government by far. The average constitutional government in the world lasts 17 years.

We're approaching 250.

17 years!

That's what -- that's what our Founders created. What has Antifa or anybody else on the left, have they created anything that is lasting?

Or is it all coming undone, and -- and more and more chaos?

Think about. We're going to heal the streets. We're going to reduce the cops. Has any of that worked?

We're going to -- we're going to do transgender surgery. Has that worked with your kids? Are your kids getting better or worse?

All the way along, has any of it worked? Is anything of it going to be anything, but ashes in the end? This is why we have to draw a very clear line. And you are going to see it this weekend. Hopefully, there's not going to be any bad things that are happening. But a passionate protest. A peaceful protest.

Is protected and sacred in this country. But violent anarchism. Whether it calls itself Antifa or any other banner, has no place in the tradition of dissent here in America. Our Founders would have recognized it immediately. Not as liberty. But as tyranny. And as a mob.

So when somebody tells you that Antifa is just like the Tea Party, remember the Boston Tea Party. Remember Boston harbor.

Remember the restraint. Remember clarity. Remember the purpose.

When you look at the fires of Portland. The difference is not subtle. And the differences between building a nation and burning one down. When they say this weekend, no kings!

What are they actually asking for?

What are they for? I know they're not for a king. I'm not for a king either.

I don't want a king.

But I'll follow that no king, but Christ.

My first citizenship is to the kingdom of God.

And I will serve that, because me serving that, makes me a better citizen.

Because I love my neighbor. I want my neighbor to prosper.

I don't hate my enemies.

When I actually serve in my first kingdom, my first passport, and I serve that king. I look for somebody that can help manage all of the rest of it.

Can -- can listen to the people. And start to move in a healthy direction, to make people more free, and to make our country a more perfect nation.

What are they for?

To our veterans...

Americans are bad at saying "thank you." So, this Veterans Day, Glenn wanted to take the time to make it clear: "Your country remembers you. Your country needs you. And your country is grateful in a way that language will never quite capture. Thank you."

Transcript

Below is a rush transcript that may contain errors

GLENN: Hello, America. It's Veterans Day, and I want to start there in 60 seconds. First, debt is like gravity. It pulls. It pulls back on you constantly, until one day you realize, you're not moving forward anymore. And the worst part of it, most of it is just accepted. We call it normal. We make the minimum payments. We don't -- the rates come down. And we keep spinning that same old wheel, wondering why we're tired all the time. But it doesn't have to be that way.

American Financing is helping people all over the country restructure their mortgage. You know, pay off high-interest debt. And regain real financial freedom.

They're family-owned. They work for you. Not the banks. Their mortgage consultants don't earn commissions. They take the time to listen and build a plan that actually fits your life.

And it will help you keep more of what you earned.

Because every dollar you save. Is a piece of your life you're getting back. It's American Financing.

They're helping you keep more of it. And in a world where everything is getting more and more expensive, that kind of control isn't just smart, it's a little bit liberating and empowering.

The start of something much, much better. Please, call American Financing at 800-906-2440. 800-906-2440. Or you can go to AmericanFinancing.net. That's AmericanFinancing.net.
(music)

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GLENN: It's Veteran's Day, and I want to speak to one person, right now.

You!

The one who raised a hand and swore an oath that didn't end when your enlistment did. It was an oath that was older than your commanding officer. Older than the branch you served in. Older than even the nation itself. Because what you swore to defend was not a government. Unlike every other oath that every military man takes all over the world, you swore an oath to an idea.

And today, in a country that sometimes feels dizzy from spinning arguments, I think we should pause and anchor ourselves again to you.

To the men and women who tethered this republic to reality, when the storms came.

We have an amazing story.

If you really know the story of Lexington when the farmers left their plows and damp fields. Because liberty whispered their names.

They met at their church. Their preacher met them out.

They didn't have a chance of them winning.

I think of the -- the Marines who fought through the gas and the mud until the Germans called them devil dogs.

The beaches of Normandy, where boys who had never even see France saw eternity in a single morning on a single beach!

And the men who fought in Korea. And Vietnam. Kuwait. Fallujah. The Skies over Baghdad.

Every generation has a chapter that is written in blood and grit, and it was written by people who never asked for a statue. All they wanted was a chance to come home! And some didn't. And their stories end on foreign soil or carved into white markers in rows so straight, it almost breaks you.

But their gift to us, never ends.

At least, as long as we remember them and you.

Because every -- every free breath we take is borrowed from them! And you. If you're a veteran listening right now, maybe you came home to a grateful nation. Maybe you quietly slipped into civilian life, wondering if anybody saw the weight that you were carrying.

No matter your circumstance, know this: You need to know this.

Millions see you! Millions are grateful. You changed the destiny of my children. And they will never know your name.

You changed my life, in ways you will never understand.

I wouldn't be able to be here, and say these things if it weren't for you!

We take -- we take all of this so lightly. It was you that stood between tyranny and who those couldn't defend themselves.

Have you kept the promise. Most citizens like me. We never make. We never have to make.

Because always did. And you continue to do so.

It's amazing to me, when you are off into war, most times, not every time, we think about you all the time.

We want to give you the very best when you're at war. And then you come home, and then, eh, and you have the worst of our health care. I mean, at least mine was go to Canada to get the health care. I don't know if it's any better up there!

We're not really good at saying thank you. Let me just take just a second, to say it plainly and clearly to you. Thank you. Thank you for walking into the unknown when the rest of us stayed home. I don't know what your motivation was, when you joined. But thank you for believing that liberty was worth more than comfort.

Thank you for the nights you didn't sleep. Thank you for the holidays you missed. Thank you for the kids you didn't see born because you were someplace else.

Thank you for the friends you still mourn. That's why you did it.

Because you're a brotherhood.

Thank you and all your brothers.

Thank you for every scar. The ones we can see, and the ones we will never see.

Thank you -- thank all the families. Thank you for what you've done. The quiet platoon behind every soldier and sailor and airman and Marine and Coast Guardsman, because you served too.

Freedom has always been a family burden. And look at what those families are like. They're usually remarkable!

We live in a world right now that feels -- feels really loud and divided. And suspicious.

And it is!

But, I mean, wanted to take a minute on this day, and let everything just be quiet.

Gratitude has a way of silencing nonsense.

And I want you to know, how grateful I am.

So before we got back into the headlines again, before the noise rises back up, let me end this with the only words that really matter, to every veteran of the United States armed forces. Your country remembers you. Your country needs you. And your country is grateful in a way, language will never quite capture.

Thank you!

The government just CONFIRMED they’ve been ROBBING you for 15 years

Buried in a recent New York Times op-ed about the end of the government shutdown is the quietest confession you’ll ever hear from the elites: "Why can’t Republicans just accept reality? These [Obamacare] healthcare subsidies are working." But who are they working for? Healthcare prices are still incredibly high! Glenn reminds us what "subsidies" really are: money "borrowed" from the future to hide the failures of the present, and lining the insurance companies' pockets.

Transcript

Below is a rush transcript that may contain errors

GLENN: So is the shutdown over? I mean, it has to go to the House, and now the House is saying that they're not going to pass it.

STU: Well, the House should be -- I don't think there's any real belief that they won't pass it. The hurdle was the Senate. And they got through the Senate. Now we get to watch the ongoing democratic Civil War, about whether or not Chuck Schumer will be removed or not.

GLENN: It's crazy. It is crazy.

So, you know, let me go through something that came in from the New York Times. What were the Democrats thinking?

It starts out, in this op-ed, back in September, when I was reporting an article, Democrats should shut down the government, I kept hearing the same warning from veterans of past shutdown fights.

President controls the bully pulpit, and parts of the government will stay open, and he decides what parts close.

It's very, very hard for the opposition party to win a shutdown. Blah, blah.

Now they have brokered a deal over the weekend, as the Senate Democrats broke ranks and negotiated a deal to end the shutdown, and return for, if we're being honest, very little according to the New York Times.

The guts of the deal are this. Food assistance, both SNAP and WIC will get a bit more funding. There will be a few more modest concessions on spending levels elsewhere in the government.

Laid off federal workers will be rehired, and furloughed federal workers will be given back pay.

Most of the government is funded, only until the end of January. Get ready, we'll be doing this again.

The deal does nothing to extend the aspiring affordable care tax credits, which Democrats essentially have shut down the government for, in the first place. First of all, it's not the affordable care tax credit.

That's -- that's not why you shut it down.
There are tax credits, yes.

But this is different. These were the government subsidies. Leave it to the New York Times. Let me lay this really clear. Democrats demanded a continuation of the enhanced subsidies for the American care act. Okay?

They were temporarily expanded during the pandemic. These were not the tax credits. These were extra subsidies stuffed into the 2021 American rescue plan, as an emergency measure. Remember, the one, we had to pass this in the middle of the night. And nobody could read it. Well, that's what it was in it. And these subsidies lowered the premiums more than usual. Expanded the eligibility far above the original ACA income caps. And was always designed to be temporary just for COVID.

So if you were in COVID, and I lost your job, and you didn't have health care or whatever, you could get on the ACA.

Even though, you're -- you're -- your salary was higher than it would be accepted.

Normally. You could get on it.

But once -- once they created this, Washington does what Washington always does, and they won't let it go.

Okay.

It's not the tax credit. To understand why this shutdown will end with such a whimper, you need to understand the strange role the ACA subsidies played in it. Democrats said the shutdown was about subsidies. But for most of them, it wasn't. This is the New York Times saying this.

It was about Trump's authoritarianism. It was about showing their base and themselves, that they could fight back. It was about treating an abnormal political moment, abnormally.

The ACA subsidies emerged as the shutdown demand because they could keep the caucus sufficiently united. They put Democrats on the right side of public opinion, even though self-identified MAGA voters wanted the subsidies extended.

And they held the quivering Senate coalition together. You shut the government down, with the Democratic caucus that you have, not with the Democratic caucus that you want.

But the shutdown was built on a cracked foundation. There were Senate Democrats who didn't want a shutdown at all. There were Senate Democrats who did want a shutdown. But thought it was strange to make their demands so narrow. Was winning on health care premiums really winning the right fight?

Shouldn't Democrats really vote to fund the government, turning towards authoritarianism, as long as health insurance subsidies are preserved? And what if winning the health care fight was actually a political gift to Trump. Now, this is the New York Times.

Absent a fix, the average health insurance premium for 20 million Americans were more than double. The premium shock will hit red states really hard.

Trump's long time pollster had released a survey of competitive house districts. Showing that letting the tax credits expire. Might be lethal to Republican effort to see hold the House. Why were the Democrats fighting so hard to neutralize their best issue in 2026. The political logic of this shutdown fight was inverted. If Democrats got tax credits extended, if they won. They would be solving a huge electoral problem for the Republicans. If Republicans successfully allowed the tax credits to expire if they won, which would be handing the Democrats a cudgel which would beat them in the next elections. This is unbelievable!

I mean, they're saying -- they're saying it out loud. You know what I mean?

They go on in this, to say, you know. Quote, why can't Republicans just accept reality. These health care subsidies are working.

No. They're not. No, they're not.

They are propping. Okay?

They're scaffolding. Holding up a structure that was never sound.

They were a COVID-era brace jammed under a tottering wall. And now, the same architects who swore the House -- the House was safe. They're telling you the splintered wood was actually part of the design. What?

This is the power the mainstream media has. The press still has over mainstream Americans. It's kind of like a hypnotic choke hold.

You say the word subsidy enough times with the right sad piano music under it, and suddenly, we forget what subsidies are. Here's what subsidies are, gang!

Money borrowed from the Chinese. But we're not on the hook for it. We're not on the hook for it.

Money borrowed from the Chinese, from the future, to hide the failures of the present on decisions that were made in the past. Okay?

And now we're told, if we don't just keep borrowing forever, America will collapse. No. What collapses is this crazy illusion. Let's be clear about something the op-ed never will admit. The Affordable Care Act didn't fail because of Republicans. It failed because math is a stubborn thing because insurance is not health care.

Because a program bent around bureaucrats and middlemen will always cost more and deliver less!
We have been subsidizing the symptoms. We never treated the disease here. And now, when a shutdown touches those subsidies, suddenly we're told the sky is cracking. TikTok is flooded with panic videos scripted by algorithms that can't really be trusted.

The influencers don't even know what they're defending. They just know fear pays better than the truth. And here the truth. The system was failing long before Trump. Long before Biden. Long before COVID. And maybe, just maybe, this moment is not a crisis, but an opening.

You know, I've said this for months now.

The greatest political opportunity of our lifetime now, is health care reform! Real, actual reform.

Not another Washington quick fix. Not more subsidiary easy or anything else. Not a Band-Aid over a bullet wound. But the Republicans won't do anything about it. I believe, and I say this without hesitation, I think. That Trump and RFK Jr. together may be the only combination force in American politics with the will to take a flamethrower to the bureaucracy, that is choking doctors and nurses. The pharmaceutical lobby, the insurance labyrinth, the 50 states wrapped in 50 different versions of red tape. All of it has to be confronted. And here's why Trump can't afford to miss this: If he solves even a quarter of this problem, if he can find the way to lower costs, if he increases access. If he frees the market to actually work across state lines, he'll not only win in 2026.

He'll be launching a momentum, that will carry Vance into the presidency in 2028.

This is the key here!

But he has to remember something Washington has long forgotten. The people he's negotiating with, they don't want a deal. They don't fear collapse.

They come it. They have been playing a slow motion Colour Revolution. One that the company has to be impoverished. Has to be frightened. And has to be divided to accept the new power structures.

Colour Revolutions only work if your people are hungry, if they're afraid, and they believe the people in the head of the government are authoritarian.

When that happens, you can have a Colour Revolution. And every day, America does not break. Every day, the economy still stands. Every day, people wake up and realize their lives are not as hopeless as the media insists.

The revolutionaries lose their leverage. So the shutdown is not the crisis.

The crisis is the addiction to government medicine. So here's the battle line that matters, I think, most right now: While the press spins, you know, panic, Trump has to gather the brightest minds. The innovators, the disrupters. The people who build things, rather than manage decline. That's what he does best. You know, if Elon Musk could do for NASA, what Washington could not. Then why can't we find. Maybe even get Elon Musk. Why can't we unleash the same kind of thinking on health care.

It's time for radical thinking!

Imagine a system where your doctor spends more time listening, than actually checking boxes.

Imagine competition across state lines. Imagine prices that behave like normal prices because the market is finally allowed to work and government doesn't have its finger on the scale.

Imagine freeing the nurses and the physicians from the paperwork prisons they're in. And letting them practice medicine again.

This isn't utopian. That's just uncaptured America. The America before the bureaucratic glacier, settled over absolutely everything in our lives.

Trump is the one that can do this. He's -- he's hitting home runs, grand slams, all -- all the time.

All the time.

Health care is the crack in the wall, where sunlight is still getting through. If you solve this, if you solve the pressure and you -- you lower the pressure on the engine behind the Colour Revolution, you win!

You win. I'm not even talking about election.

You save the republic.

You solve this.

And you solve the fear that drives half of our political dysfunction.

Washington thinks the shutdown is a battlefield. It's not!

The battlefield is health care. The future is decided there. And the man who breaks that system open. And let's Americans breathe again, will shape this country for a generation.

And the only guy to do it, is Donald Trump.

THE GLENN BECK PODCAST

They're WATCHING You... The Terrifying Truth about Phone Surveillance

What if your phone knows what you’ll do before you do? Glenn Beck and former Navy SEAL Erik Prince expose the terrifying reality of modern surveillance, from the government’s secret data networks to Big Tech’s behavioral tracking systems. A global “surveillance capitalism” industry has been born, merging private corporations with intelligence agencies. Today, every app, ad, and algorithm harvests your movements, conversations, and even your thoughts. This conversation reveals how smartphones have become digital soldiers quartered in your home, and how privacy, freedom, and free will are vanishing in the age of data control.

Watch the FULL Interview HERE

America’s Economy Has CANCER - The Brutal Reality of What Trump NEEDS to Do Now

Glenn Beck warns that America’s economy is suffering from a deeper disease... one that can’t be cured by printing money, free checks, or political spin. With inflation rising, housing unaffordable, and healthcare collapsing under government control, Beck argues the nation faces a “cancer” that only painful but honest reform can heal. He and Stu Burguiere break down why short-term fixes like subsidies and stimulus will only fuel the crisis, and why the only real solution lies in deregulation, competition, and courage. Will Americans endure the hard medicine needed to save the nation, or turn to socialism out of desperation?

Transcript

Below is a rush transcript that may contain errors

GLENN: Welcome to the Glenn Beck Program.

Stu does not share my -- my optimism. And I -- you know, I think that's too strong of a word. I'm not optimistic.

I am hopeful that someone in Washington, on our side understands what we're facing here. That health care is the biggest win!

It's the biggest win. And totally winnable.

STU: Yeah. And I do think -- if -- you know, if it was the top priority of Donald Trump. I think, he would be able to move Republicans toward trying to come up with something, I guess.

But I don't show much optimism on that. Because as I was going through that whole scenario, it wasn't just that we said these rates would go up, and that the Affordable Care Act wouldn't be affordable and gave all of the reasons that wound up playing out with risk pools and everything else.

And it wasn't also that we would say, hey. They're going to try to solve this by more government subsidiary easy. And more dependence on government.

We said all that stuff. And that's what we just talked about.

But other thing we said was that after this thing got passed, the Republicans would bail on opposing it. We would no longer have an opposition. We're now to the part of the story where the right-wing position is just normal Obamacare.

And the left-wing position is new expand, fancy, times ten Obamacare. The question of whether we triple down on Obamacare.

Or double down on it. That's now a conservative position.

GLENN: Okay. So let me give you some hope.

I talked to Dr. Oz. And he said, they're introducing something here in the next couple of months.

Should be, any time now.

And it will be done at the state level. And it will be to stop all the barriers from state to state.

And you get -- you get your -- your -- your funding for different programs if you get rid of those barriers for your insurance companies.

And if you don't, well, you don't get your funding. And so they will be incentivized to do it.

So I do think that there's some thinking about this, that's going on, with RFK and Dr. Oz.

In fact, let's see if we can get them on. Maybe I'll go up to Washington and do a podcast with him.

Because I think this is the big win here. Because if you look, you have to -- you have to change the life of people, in the next 15 months. Twelve months, if you want to win the election!

And if you -- if you want to win with J.D. Vance. You're going to have to do it in the next 18 months, at the very minimum, okay?

It's going to get harder and harder to do it.

So you have -- you have the things. What are the levers the president has in front of him?

Housing. What is the problem with the housing market?

The housing market, there's a couple of problems.

One, we don't have -- we have a shortage of housing. Okay. Because everybody freaked out. You know, 2008, we had a housing glut. Now, maybe we should go to other way.

So we didn't build enough houses. So now we have this giant housing shortage.

So can the president fix this one quickly?

No. Millions of houses need to be built. And how is he going to do it?

Unless there's a land grab, okay?

Unless he opens up federal land, which we saw how that one went. So he can't really fix the housing thing. He could help it, by saying, "Hey, BlackRock, you guys stop buying houses."

But how do you do that?

I mean, is that the right thing to do? I mean, it's the right thing to do for the people. Constitutionally, can you do that?

I don't know. I don't think so.

The next cost that people are feeling. Electricity. What are you going to do with that?

Well, we know that he's building power plants. Or he is -- he is letting the red tape go, on the power plants.

So if you want to build a power plant, you can build a power plant, in record time.

But that, again, is 18, 24, 36 months away. Minimum! Before you have new power plants, where you'll start to see your electricity costs go down. So you can't do that. Food costs. What is he going to do?

Import cheaper food. That's not a good idea.

So what are you -- how do you affect the average person's money? Well, you can send them free money. Which means, we have to print more.

He's going to send free money. It's the money that he's been taking in from the trade barriers.

So he's saying, he's going to send a $2,000 check to people. And that's the first time I've ever seen a check where the money was actually money.

That we had. Not printed money.

But that's all you can do. You can even do that. That's all you can do. Because you can't print money. You can't have a stimulus. Or you will Jack the prices of everything up.

And you're in the same loop over and over and over again.

The only place where the government has the tools, has enough sway, Donald Trump could do this.

To start breaking this thing up.

Is health care. And that could change things pretty much overnight.

Within 12 months, if he acted today, within 12 months, you would start to see prices come down. You would start to see competition.

You would start to see some sort of relief. But what else does he have, Stu. What else can he do, that will change people's lives. And he knows he has to do that.

STU: Well, I mean, I -- generally, I think I agree with most of that.

I think that the health care is one, you could do.

Again, that's something you sign up for on an annual basis.

Even if the prices did drop, it would take a while for that to come in.

The easiest way to do this -- and he's, by the way, done a lot of this -- is deregulation. You know, I think what's happening with some of that. And we're not seeing tons and tons of results from that, is because I think he's doing things on the other side as well.

That are affecting prices the opposite way. So we're not going to see massive drops.

Of course, a lot of this -- there's a lot of big promises that are being made. When you talk about prices coming down, really fast. It's not always achievable.

The president of the United States. We said this for 100 million years, I feel like again, we're on repeat here. The president of the United States is not the guy that sets prices. That's not his job, right? He doesn't micromanage the economy.
He can do things that can help the economy. I think what's happening now, as you're pointing out. I think this is the desperation a little bit seeping into our politics.

Is that there were -- Trump won the election with a lot of people who had faith in him. Not because he was good on even the border or on -- you know -- you know, trans kids. You know, trans men playing women's sports. It was about -- it was that affordability issue. He was really good on that.

People believed that they would see an economy like they saw in 2018 to 2019, in his first term. And we're just so far, not really seeing that.

Now, there's a lot to unwind. From where Joe Biden was. And the way these prices work. When it comes to inflation. Is not necessarily that prices drop down.

That's what is so devastating about a long-term inflation like the one we got from Joe Biden.

The prices get to a set level.

You don't necessarily bring those prices down. As much as, you slow the increase.

Which is difficult.

GLENN: Yeah. Yeah.

STU: Again, one of the focuses of Trump's economic plan is to try to draw a lot of these products to be made in the United States.

As you point out, that is a long-term process.

You're talking about way after Donald Trump is -- is out of office, before you're seeing the -- what -- the potential theoretical benefits of new factories being built in the United States.

It's going to be to take a long time for that to work, if you believe it's going to work. When you're talking about the other side of that. Which is, you know, increasing prices, based on different taxes and such.

You're -- you're winding up with a situation where you're taking the medicine, and you're waiting for those results to kick in over multiple periods of years.

So I think the way he can do a lot of this stuff.

The best thing he can do in a quick way. Is cutting regulation.

You can cut out a lot of this stuff, to increase the speed of the improvement. Like, you want to build a new power plant. He can cut those things from 12 years, to four!

But that's not going to -- it's not an immediate, you know, economic win.

GLENN: No.

STU: What you're talking about.

GLENN: The country has cancer. That's the problem. The country has cancer.

And we can survive. But it's -- going to take chemotherapy and a long time. And so you can't just go in.

If you have cancer, you can't go in and say, well, you know, you told me yesterday, you were going to start chemotherapy, and I had my first chemotherapy, and I feel worse.

And I'm not getting any better.

"It's been six months, Doc. And I'm not feeling any better."

Yeah. You're not going to feel any better at first. Because it's a serious disease. That's the issue that we're dealing with. The damage -- and we said this under Biden. We said this under the first Trump. We said this under Bush. You know, Reagan was saying this. At some point, the -- the sickness is going to be so bad, that there's not going to be anything that feels good to do. And it's going to get harder and harder to take the medicine.
And unfortunately, you know, everybody wants a quick fix. You know, when Reagan came in. And everything was out of control, you remember what Paul Volcker did?

You remember this, Stu?

STU: Yeah.

GLENN: You weren't old enough. But you know it through history. What did he do?

STU: He had to get rid of inflation. That meant jacking up rates. And that was a painful period.

GLENN: To what? To what?

STU: Eighteen to 20 percent, in that range.

GLENN: I think at the top it was 20 percent interest rates. I remember 19 percent interest rates. Nineteen. People are freaking out over five or six. We had 19 percent interest rates. That stopped everybody from buying. You want to talk about not being able to afford a house.

That was it! But that's what sucked all of that money back in.

Well, you can't do that right now. Because the patient is so sick, you can't -- those interest rates will kill everything. It will kill all the jobs.

The whole thing will collapse. So you can't do that. But we're complaining on 5 percent. You know, and we're wanting them lower and lower and lower and lower.

Well, yes.

I want that too. Because there are signs that jobs are going away. But jobs going away is not just the interest rate. It is also AI and automation.

We are in this really ugly place, that we don't have these honest questions, and really explain to each other, exactly what's -- what all of the forces are. You're going to get socialism.

Because that will seem like the only answer.

Just make it stop. Just make it stop.

Well, okay.

But know what all of the forces are that are causing all of these things.

And there is a way out of it.

It just cannot be done in two years!

It can't be!