Mexico might not pay for the wall on our southern border, but if Ted Cruz has his way, one Mexican just might. Glenn caught up with the good Senator from Texas on radio row at CPAC Friday and Cruz laid out his plan. Watch this clip to hear all about it and more.
Glenn warned just days ago that governments would suggest a disturbing solution to the worldwide energy crisis: nationalizing energy companies. Now, Germany is weighing doing just that. Meanwhile, the Biden administration has recommended creating a digital dollar, England is talking about printing more money, and Russia and China are discussing creating a new currency. Glenn breaks down all these terrifying economic changes, plus President Biden's latest excruciating lie about inflation.
Below is a rush transcript that may contain errors
GLENN: So last night, our president was -- was on television, on 60 minutes. And it was an amazing softball game.
But the -- the president announced a couple of things. The pandemic is over. You know, he's -- I know. Did you know that?
STU: I didn't.
GLENN: Yeah. It's oar.
STU: I'm surprised to hear that. I've been saying it for a long time. I know you have as well, but I'm surprised to hear the president saying say that.
GLENN: Yeah. Yeah. He also says he invoices to get in control of inflation. But inflation is basically even. Here's cut four, please.
VOICE: Mr. President, as you know, last Tuesday the annual inflation rate came in at 8.3 percent. The stock market nosedived. People are shocked by their grocery bills. What can you do better, and faster?
BIDEN: Well, first of all, let's put this in perspective. Inflation rate month to month, was just an inch. Hardly at all.
GLENN: Stop. Stop right there. Month to month, is not how you measure inflation. He knows this. It's -- it's not 8.2 to 8.2 month to month. Meaning, it's flat. It's 8.2 percent higher than last -- what? September or August. Last August. A year ago.
So remember the high inflation that we all had, and we're all like, whoa. Prices are out of control!
It's up another 8.2 percent. It's not flat.
STU: An annualized rate.
GLENN: Gosh. These people. The lies. I don't know how they sleep at night. All right. Here you go. Next.
VOICE: Oh, you're not arguing that 8.3 is good news?
BIDEN: No, I'm not saying it's good news. But it was 8.2 or 8.24. I can make it sound like, all of a sudden, my God, it went to 8.2 percent.
VOICE: That's the highest inflation rate, Mr. President, in 40 years.
BIDEN: I got that, but guess where we are? We're in a position, where in the last several months, it hasn't spiked. And it's been barely, it's been basically even.
GLENN: This is incredible.
He's basically arguing the fact that the inflation has hit the American people for a longer period of time, is good news.
GLENN: Like, hey. You've dealt with this terrible problem for six months, or 12 months. Not just the one. So therefore, you shouldn't worry about it.
No. The problem is existing. And has peaked. And we've stayed right near the peak here for month after month after month. That just keeps hitting families over and over and over again. If it was just a one month spike, and it went away. It wouldn't be that big a problem. The problem is, it's going on for now a year or more, and he has seeming no way of controlling it.
GLENN: Okay. He went on to talk about gas prices. Look, core inflation. And you know this. I don't have to say this. If somebody has to do their own homework. Just go grocery shopping. Grocery shopping. What were you paying last year? What were you paying two years ago?
The prices are through the roof. Now, gasoline has come down off of its five-year high. Why?
Because gasoline, he has been draining our strategic oil reserves. Do we still have that chart, I showed last week?
Stu hasn't seen it yet. This is amazing. Our oil reserves are on a reverse hockey stick.
It is just plummeting down. And what are we going to do? We are getting rid of our strategic oil reserves. For, what?
In an election. That's why. Now, energy crisis in Europe, is going to spread here. Because it's not just what Russia is doing. That's not the only problem. The problem is. They are ahead of us, on all this ESG stuff. I told you -- I told you last week, and I've always told you, that I'm bad at timing. And I am.
I mean, this time, I was three days ahead. I couldn't believe it, when I opened up the paper on Saturday. And I am reading about how Germany is now nationalizing three of their power plants. Practice have I told you nationalization would come. Nationalization will come here, as well. And then we become Venezuela.
What's going to happen, is these energy prices are not going to be affordable by any stretch of the imagination. They're already going through this in England.
But England right now, is so focused and the media is so focused on, can we put the poor woman into the ground, please?
But they're so focused on all of this, and I don't know if the media will really ever tell you what's really going on. But they're now talking about printing in the central bank. The Bank of England. They're now talking about more money printing, because they didn't have the money in their coffers. To be able to pay for everybody's electric bills. Because they've promised. They would pay anything over 2500 pounds a month.
Well, so that's just going to drive inflation in the UK, through the roof. It will devalue their British pound.
And it will them to nationalize these companies. Because these companies will not be able to deal with the price caps.
And so the government will say, see, they can't do it. The free market just doesn't work. And they will nationalize. This is coming. It's coming here.
By the way, something else, you probably didn't know is last week, Putin met with President Xi. President Xi, they are meeting about a new currency.
I have told you for 20 years, the currency will be debased. It is -- that's why we have inflation. Our currency is being debased. So, what do you do about it?
Everybody told me, Glenn, it's never going to crash. We're -- we're the best out there. Everybody else's currency. And I've said for 20 years, do you really believe that no one at any time, will draw a line in the sand and say, enough is enough?
We can do better than this. That's exactly what China, Russia, and the brick countries are doing right now.
Developing a new currency. That will put us into a tailspin. And our government knows it. But they're not telling you. Why else would they be talking about a digital currency?
The White House in surprise of all surprises, has come out this weekend, and said, we recommend the fed goes to a new digital currency? A new digital dollar.
Because the dollar is going to collapse. I -- I urge you not to take anything that I have just said, as gospel. Look it all up, yourself. It is critical, that you know the truth. And you know how to find the truth.
The best way to find the truth, the best starting place, is, who is telling you, you have to listen to me because I have the truth. Or I have, quote, the science.
And you will not be allowed to question anything. Any question, of what I believe is true. Makes you my enemy.
Anyone who tells you that, does not have the truth on their side. That's the first test.
Then you have to go and explore all sides. And I urge you and your neighbors and your friends, to do that.
Time is becoming critical. So White House has said now, that they're going to create. They recommend creating a new digital dollar. We told you that they were employing to do that a year ago. A year and a half ago. Because it's already been done. I think it's called the Madison project. Probably the Hamilton project, up at MIT. Do you remember, Stu? It's been a while since we talked about this. But now they are releasing their first ever comprehensive framework, for responsible development of digital assets.
And Biden also said this, and I'm going to play this. And then I want to take a break. And comment on it.
Because when you are redesigning a world, and there are several people doing that now.
Everybody who is a globalist is doing that. They're dividing up the world.
And taking their own positions. And hunkering down.
We have -- unfortunately, we're on the receiving end of China. Now, China, do they have the will? Yes. Do they have the people? Yes. Do they have the money? No. But neither do we. But we are on a collision course now with China, and I'll give you the update on that. But first, let me play what Joe Biden said yesterday, cut one.
BIDEN: There's one China policy, and Taiwan makes their own judgments about their independence. We are not -- we're not encouraging or being independent, but that's their decision.
VOICE: But would U.S. forces defend the island?
BIDEN: Yes. If, in fact, there was an unprecedented attack.
VOICE: After our interview, a White House official has told us U.S. policy has not changed. Officially, the U.S. will not say whether American forces would defend Taiwan. But the commander-in-chief, had a view of his own.
VOICE: So unlike Ukraine, to be clear, sir. U.S. forces, U.S. men and women, would defend Taiwan in the event of a Chinese invasion.
GLENN: That the stable leadership you voted for? Back in 60 seconds.
While the vast majority of Britain mourns the loss of Queen Elizabeth II, far-left academics in the U.S. took a different approach: They raced to Twitter to criticize the Queen, the British monarchy, and how both allegedly are symbols of white colonialism. Well British political commentator Sophie Corcoran has a message for those ‘uneducated’ Americans: DO YOUR RESEARCH! She joins Glenn to explain why the critiques against Queen Elizabeth are wrong. Plus, Corcoran explains why this loss — in the midst of a terrifying energy crisis throughout Europe — feels like it came at the worst time for the United Kingdom.
Below is a rush transcript that may contain errors
GLENN: The scene in England is quite amazing. I think probably the most consistent and one of the more important, not political figures, but cultural figures of the 20th century, has been Queen Elizabeth. She's been remarkable, for what was it? Seven years? I mean, just remarkable.
And I have no idea what the future holds for the monarchy and Americans can like it or not care. But -- and England, imagine if this person, you know, like how you feel about Ronald Reagan, had been in your life, your whole life. And passed away. That's why the line to go by her casket is now 5 miles long. Fourteen hours. And you're not stopping at the casket. You're just walking by it, to pay your respects. It's a remarkable time in history. Some people have been mocking. The left has been mocking and talking about this white colonialist. And I saw a tweet earlier this week from Sophie Corcoran.
And she wrote, dear Americans who mock us for mourning our beloved queen, she dedicated her entire life to her duty and our country, even just two days before her death. You mourn the man who pointed a gun at a pregnant woman, by burning cities to the ground. We're not the same. I wanted to get Sophie down from England now.
Hi, Sophie, how are you?
SOPHIE: Hi, I'm good. How are you?
GLENN: I'm very good. You are a British University student, and conservative political broadcaster. How old are you?
SOPHIE: Just turned 20.
GLENN: You just turned 20?
GLENN: And how long have you been doing this?
SOPHIE: My first ever appearance was a year ago, a couple weeks ago.
GLENN: And what -- tell me about what's happening over there, and what Americans are missing, about the Queen.
SOPHIE: Well, you see, we are well into our mourning period now.
On Monday, the funeral will take place. The body has been lying in state for a couple of days now. And we can -- as you mentioned before, to about 14 hours long. We've even got celebrities. Like David Beckham queued up, I think it took him 12 hours to see the body.
SOPHIE: Our entire nation is in mourning. And obviously the funeral is probably going to be the biggest funeral the world has ever seen. It's supposed to be one of the most watched, televised ever, which is a testament to how influent our monarchy is. We walked her 14 hours just to see the casket. That's how important she is to people here.
I think it is after the day of her death, because we see American academics -- Uju Anya is probably the most prominent one that people saw. You know, mocking the British people for mourning our queen, and talking about colonialism and stuff like that. Well, they just need to look at themselves.
GLENN: Yeah. Yeah.
SOPHIE: Somebody -- we've never seen anyone that's died before they were 70. She served in World War II. Fifteen prime ministers. You know, it's ridiculous. Her first prime minister was Winston Churchill, and he was 101 years before our current prime minister. He was born an entire century before our current prime minister. And she saw them both.
GLENN: It's -- it's truly amazing. Just truly amazing. The -- the history that she has watched over. And her restraint. I mean, there's not a lot of love for most of the royals. Even over there. And, you know, king Charles, I wish him the best. Because I don't -- I think the monarchy, especially at this point, is a stabilizing. And I don't like -- I don't want any more destabilization. But I cannot see him as the guy who replaces her, he's very opinionated.
And not a real likable guy. How is he doing so far, according to the British?
SOPHIE: Well, I think the British at the moment, has quite a lot of plans -- I think a lot of the British people know that from a personal perspective.
A lot of us, including myself were concerned about Charles. Because he thinks of climate change. Stuff like that. But he has pledged he would be stepping back from all of his politicized the engagement and we have to give him a chance. But, again, he's almost -- King William is where it's --
GLENN: How are things, because Europe and England going through massive energy problems, and you're expecting to get a lot of your energy from France going into this winter, and that's not going to happen. The bank of England is talking about printing more currency to bail things out. How would you describe the stability of your part of the world at this point.
SOPHIE: Obviously, we're going through a real difficult time. Thinking about the Queen dying, it's actually really bad. Because historically, you know, throughout -- the queen -- the World Wars. She served in it.
Covid. Massive times have changed. There was troubles with the UK. There was one thing that was always constant. And it was the one thing that people looked to. And we don't have that anymore. It was quite interesting. Because we've got -- within the space of a week, we've had one of the biggest energy price rises. We're seeing, to 80 percent increase in energy bills.
GLENN: 80 percent.
SOPHIE: People can't just find 80 percent of money. It's the amount of things that you can be cutting back. No matter how much people can cut back, they can't afford that. No one can. We've got that. And then we have the new prime minister come in, and we've been two days, the new prime minister, being torn in. On our monarch's side. And we have the monarchs.
So it's been absolutely crazy. I think, Americans, they keep -- a lot of these people they are uneducated. They want to talk about colonialism. Well, if you did the research in Ukraine, you would actually figure out that she oversaw almost the entirety of de-colonialization. So do some research.
Some of them are talking about reparations. I think the idea of reparations is frankly stupid, because nobody in Britain, that reparation is going to come from the taxpayers. None of us were alive in Britain, as taxpayers -- none of those people, that are asking for reparations were slaves. So you're just paying money to the people who have never been slaves is frankly stupid.
If you live in the United States, if your life sucks, it's because of you. It's not because of the British.
GLENN: You tweeted something the other day, the Dutch agricultural minister has resigned.
Macron lost his parliament. Sweden's PM is gone. Jacinda Ardern is set to get battered in the next election. The fight back against globalism is well and truly on. It's interesting to me, that in each country, the politicians have made this look like it's a -- you know, a political battle. When it's really about a battle of the people, against the elites. Would you agree with that?
yeah. So I actually have -- was fortunate enough to go to Davos. March/April time, whatever it was. I actually -- I've been, you know, a young student. I was in my first year of university. I'm going into my second.
Ever since covid, I'm a normal working class girl, defending everybody else. You know, the entire place is fake. They made entire fake videos. Everything. We're in this bubble. They did it deliberately to try and cut it off. The republic. And I think people have had enough. And it's very clear that people have had enough. It almost goes against the grain. It literally is as well. That's a guarantee. People have had enough of, you know, the elites dictating -- a lot of it is hypocrisy. So if you look at the problems in Britain now. The reason why we're in the situation we're in, is because of this green agenda they're pushing.
And all it's doing is making rich businesses, richer, and normal people, a lot poorer.
SOPHIE: And, you know, the people who are struggling, a lot of students. Students that are from university. Have come back home. Because they just couldn't afford to live there. None of the people can afford it. The unemployment -- because businesses can't afford to pay for more stuff.
They were cheering on Greta Thunberg, like she actually gives a crap about the situation that they're in. The people, like Greta Thunberg, they don't care about normal -- normal people. They're not ever going to struggle to pay their bills. They're not ever going to -- you know, they get to drive. They get to fly around the world. They get to do what they want. It's people like you and me, they can't do it.
GLENN: Sophie, thank you so much for talking to us.
And honestly, millions of us, have been thinking and praying for all of you, in England. This has got to be a huge body blow to you. Expected. But still, a huge body blow. And we wish you the best.
SOPHIE: Thank you.
GLENN: You can follow her on Twitter. She's Sophie Corcoran, and perhaps a voice we will be hearing more of from Great Britain.
I think it's -- I find it interesting, that she says the -- that people are waking up.
And it really isn't the left or the right. This is a movement between people. And out of control governments.
That think they never better than you.
That's why liberals that are coming to the party now, and starting to go, wait a minute. Wait a minute.
It's not that they've changing and become conservative. They're just the old style liberal. They're the ones who, you know, we always little liberals were.
That we might disagree on taxes and spending and everything else.
However, they do believe in the Constitution. They do believe in the Bill of Rights. They do believe in, you know, regular Americans. Because they're a regular American.
Those are the kind of people, that are starting to wake up now.
And we have to embrace them, and come together.
Because this is the key to coming together.
We don't need to win. Our side shouldn't be looking to win. We should be willing -- we should be looking to reconcile our country, with the truth.
And those liberals who are now waking up, they still hold many of their beliefs in higher taxes or -- or, you know, more welfare. Whatever it is.
They still holds those beliefs. But they have the core belief, as you do, in our Bill of Rights.
And that's how we heal and reconcile this country, with the truth.
GLENN: This is great.
Adderall, apparently, you're having a hard time getting it. And that's because you just can't get that drug.
PAT: You can't get a lot of things right now.
GLENN: Yeah, but when we start running out of medicine, that might be a bad thing.
17 states now are blindly following whatever standards California dictates regarding certain energy and climate decisions. But did YOU vote for that? No, but that apparently doesn’t matter to the lawmakers in those 17 states. It is moves like this one, Glenn explains, that show America has become a ‘soft’ authoritarian state. When will important decisions like this one be returned to the PEOPLE?
Below is a rush transcript that may contain errors
GLENN: Now, listen here's a fight that I think you need to get involved in. Buttigieg is very interested in California's ban on new gas cars. He's like, you know, that is really interesting. And I've noticed a couple of states have already joined in on that. And if there's more states that join in. I mean, maybe we should just make this a national policy. Huh.
Ladies and gentlemen, Kabuki theater. Here's what's happening.
Somehow or another. And I find this phenomenal. Somehow or another, without you really participating in it, and no vote from you, 17 states decided, you know what, whatever California does, hey. Hang ten. We're surfing with you.
17 states -- now, you're going to be surprised at some of these states. Because, I mean, I wouldn't have seen this coming.
Colorado, how did that happen?
Connecticut. Right? Delaware. Completely conservative. Maine. Maryland. Massachusetts. Minnesota. Nevada, New Mexico, New Jersey, New York, Oregon. Pennsylvania. Rhode Island, Vermont, Virginia, and Washington. What a surprise. They all signed in their own legislatures, they all signed on to whatever California EPA standards are.
They must adopt those same standards. So Buttigieg is paying his little kabuki theater. Going, you know, and if other states start to do this, maybe -- it was already in the cards. Whatever California does, those states have to do. Did you vote for that?
If you're in New York? Did you vote for that?
Did you vote for California's standards? So now, New York will have -- they may have not announced it yet. But they have signed on to California's emissions standards. So you are now going to -- mark my words. No. This is a conspiracy theory. Is it?
Is it? Ask -- ask Virginia. Why is Virginia signed up on this?
Washington came out, yeah. We're with them. Yeah. So are the other 17. But let's roll them out slowly, so it seems like a movement, instead of a highjacking of our republic.
PAT: Why would you do that? I can't even think of a reason why --
GLENN: Because you're corrupt.
PAT: -- Virginia would say, yeah. Whatever California does, that's good for us.
GLENN: Yeah. They're corrupt. Their politicians were all left-wing politicians that were corrupt. And they're all in it. They're like, yeah. Cars. Bad. Gasoline, bad. Oil, bad. Electricity, bad.
And so they're all signed up. This is another step in ESG. Because here's what's going to happen.
When you have -- let's just say, these 17 states. And they say, nope. No more gasoline cars, until 2035. And it's a phase-in, by the way.
It's like 35 percent of all -- of all cars have --
PAT: By 2026.
GLENN: Yeah. 25 percent, I think --
PAT: By 2026. I think it is 25.
GLENN: 25 percent. In Virginia, it's about 4 percent of car sales. And in the California emissions bill, they penalized any of the car dealerships and the car companies, if they sell more than the allotted amount of gasoline cars. And they don't hit the number of electric cars.
PAT: Jeez. And they're not going to. They're not going to.
GLENN: Oh, I think they'll be damn -- they'll be giving those things away. They'll have to hit that, Pat. They'll have to hit that.
I mean, this is a hijacking. Well, we told you. This is not capitalism anymore.
By the way, if you think you live in a free country, you don't. You live in a soft authoritarian state.
PAT: Not anymore.
GLENN: Right now, it's still soft. But it's an authoritarian state. How could you say that?
Well, did you vote for that? If you're listening to me, and you're one of those 17 states. At you vote for that?
No. That was a cabal of environmentalists, that all got together. Got their money.
And went from state to state. That were likable-minded. Pitched it, and said, here's how we cripple it.
PAT: Did you see the video that we played today, about what it takes to make an electric vehicle?
GLENN: No. Can we play it?
PAT: Oh, my gosh. Yeah. It's cut 13. The truth about electric vehicles.
Cut 13. Okay. He's looking for it.
GLENN: Check your pocket.
VOICE: You want to go all electric by 2035. Is it practical to do it now?
VOICE: Well, we can make this whole discussion easy, with a two-letter word, no. There's no such thing, of course, as a zero emissions vehicle. The real question, where are the emissions associated with an electric car. Because what you do with an electric car, you don't eliminate emissions. You export them somewhere else.
You have to dig up over 500,000 pounds of material, to make a single thousand pound bag.
It takes 100 to 300 barrels of oil to manufacture a battery, that can hold one barrel of oil equivalent of energy.
Just manufacturing the battery can have a carbon debt ranging from 10 tons, to 40 tons of CO2.
And the plans that are in place to increase the batteries will require an increase in production of minerals, like lithium, cobalt, zinc.
Demand for those minerals will increase between 400 percent and 4,000 percent.
There isn't enough mining in the world, to make enough batteries for that many people for their car.
PAT: Nobody thinks about that. Nobody talks about that.
Have you heard those stats? 500,000 tons of material, goes in to make one of those vehicles?
GLENN: We should look up the stats. I saw this stat the other day, and I don't want to quote it. Because I know we'll get it wrong. But the stats of batteries that have to be replaced by 2030, and what you're going to do with all of those batteries.
PAT: Yeah. Where do you put them? When you're done with them, where do you go? Because they're not environmentally friendly.
GLENN: Yeah. You know what this is? What is the name of that ugly, ugly car? Not the ZiL from the Soviet Union. They sold them everywhere. In the -- behind the Iron Curtain.
And now, they made this super, super economical, great for everything shell of a body.
And now, the cars are gone. But they cannot reuse the bodies of those cars. They can't -- they can't destroy them. They can't -- they can't reuse them. So all over the former Soviet Union, are these gigantic stacks of just the bodies of these cars.
PAT: Oh, jeez. That's the kind of thing we're going to be seeing.
GLENN: Because that's state, top-down thinking.
PAT: Yep. And nobody thought it through.
GLENN: No. By the way, if you're in one of these states, you are suing the states that are following California.
You have Alabama. Arkansas. Georgia. Indiana. Kansas. Kentucky. Louisiana. Mississippi. Missouri. Montana. Nebraska, Ohio, Oklahoma, South Carolina, Texas, Utah, and West Virginia. There's a couple of missing states there, but a glaring one is Florida. These are the people that filed a lawsuit in May, before any of us were aware of it, challenging California's ability to depart from federal emission standards, and implement its own vehicle emission standard and zero emissions goals. Seventeen states are suing, 17 states are already on board on the other side.
No, we -- no, we're not headed for any kind of trouble or disorder at all.