RADIOSeptember 14, 2022

Expert gives the ACTUAL reasons why gas prices decreased

‘Falling gas prices give Democrats a sense of optimism for November,’ The Hill reported earlier this week. But that doesn’t mean Democrats deserve ANY credit. Financial expert Carol Roth, author of ‘The War On Small Business,’ joins Glenn to explain the ACTUAL reasons gas prices have dropped and the one way Biden actually is just making it worse. Plus, Roth and Glenn discuss whether the coming energy crisis could lead to the federal government nationalizing the entire industry…

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth, the war on small business author. And former recovering investment banker, that actually can break things down and talk and explain what things mean to the regular schlubs of America.

Welcome, Carol. How are you?

CAROL: You know, just enjoying the Biden economy. How are you?

GLENN: Oh, my gosh. That party yesterday was absolutely incredible. Incredible.
(laughter)
I mean, it was surreal. They were celebrating that the interest rate is coming down. Can you explain what happened with the interest rate numbers. The CPI numbers.

CAROL: All right. Well, James Taylor was there. So we saw fire. And we saw rain. We saw a revery hot CPI report yesterday. As we know, the CPI is one of the measures of inflation. And one of the measures of consumer inflation. We do know it's understated because they have messed with it, for the last several decades. To underplay it. But it's still a benchmark to sort of compare. It was considered hot by all expectations. We knew there was going to be some decline, in the headline number, because of the sharp decline in gasoline prices.

GLENN: Wait. Wait. But could you explain why the price of gasoline was going down?

CAROL: Sure. So before we get to the nitty-gritty.

GLENN: Yeah.

CAROL: So there were a couple of reasons why gasoline is come down. Some of it was our president pulling a little bit of a stunt, pulling oil out of our oil reserves. And putting it out in the markets, to kind of depress it. Some of it was artificial, because the gas taxes have been on hiatus in certain locales. But the biggest reason, that the gasoline prices are coming down. Because of the price of oil is coming down. And the biggest reason the price of oil is coming down is because the price of oil got too high.

It's just pure demand destruction. There's a saying in the commodities market, that the best cure for high prices, is high prices.

And that's we saw. Not only here in the United States, where people maybe decided not to take a road trip. Or reroute their lives. You know, so they're not using as much energy. And particularly gasoline. But also, on a global stage. Obviously, the prices are going through the roof, as we know in Europe. Completely self-inflicted.

But, you know, again, they're having to make those same choices. And then China, as we've discussed previously. Is having its own issues. And particularly, with parts of that country, being under lockdown. And being a top consumer of oil. They weren't using it.

So the demand destruction, is that reason. That big reason, that we had to decrease in oil. And then decrease in gas.

GLENN: So just confirm, this is a good way to look at the words demand instruction. Because you'll hear people to say, what we're looking for is demand destruction in the oil prices. And blah, blah, blah. And, you know, it just kind of goes over people's heads. And I describe it today. Every time you hear demand instruction, put your fame. So Carol Roth, your bank. Your bank account. At let's say Bank of America.

What they're looking for. What they're really looking for, is Carol Roth's bank account at Bank of America to be destroyed. So you don't have the money to go and buy the things. Correct?

Looking to price things so crazy. That you can't -- you can't afford it.

CAROL: Yeah. It's the outgrowth of high prices, that basically Carol Roth says, you know -- I'm looking at my bank account. It's being destroyed.

And there's no way that I can go on that road trip. So I'm just not going to be one of those people in the market, who is purchasing gasoline this month. I'm going to take a reprieve. I'm going to work from home. That's part of the whole story of the Federal Reserve. What they're trying to do to, quote, unquote, slow down the economy. And engineer their -- another big -- you know, kind of financial speak. A soft landing. Trying to quell inflation without tanking the economy.

And that's their tool kit, is all about demand destruction. They don't want the consumer to purchase. They don't want businesses to make investments. And we've already had two quarters of negative growth.

So if they're trying to get the economy to slow down, you know what that means? That means more contraction.

GLENN: Okay. So that's why gas is going down. And that was really the only thing that went down. Right?

We had food prices skyrocketed.

CAROL: Yeah. It's crazy. I saw a stat in there, that food in the house, it was something like they were in the highest levels since the late 1970s. '79, I think. So we have hot numbers in food, in shelter. In medical care services. This isn't like ancillary stuff. This isn't the fancy clothes. This is the stuff that you're -- you know, you need to be able to live your life.

And it was the -- the fact that we thought, maybe -- the lower energy prices would flow through, no pun intended, a little bit more of the economy. But it's just shown that we have a very broad base, in terms of inflation. It's not just coming from that one pocket. It's not just Putin's fault, Glenn.

GLENN: Right.

CAROL: And that is going to take a long time to come back down to normalized levels.

GLENN: So we have something else to add on top of that. And you can call it climate change or just a bad season, or whatever. But I was talking to my aunt, who is like 85 years old, yesterday.

Quite a conversation. I said!

Anyway, she was canning yesterday. And she was like, there have been no peaches. No beans. She said, we planted our bean garden three times. We had a hard time even finding seeds for it.

There is -- we are facing a real crisis just because the crops didn't come through, and that's happening globally. You add to that, all of the other problems. We haven't seen -- we're now just about to get into the time, where we would be using this summer's crops. Correct?

So food prices still have a lot way to -- a long way to go. In the up direction, don't they?

CAROL: They do. And that's part of the issue. Why I'm sort of banging my head against the wall, in terms of these discussion points. Because as we talk about the demand destruction that the fed policy is trying to enact.

Our issue is the broad-based supply issue. And as you mentioned, one of the areas that is undersupplied is food. Part of that, as you mentioned, because of weather events. Some of that because of fertilizer shortages. Some of it is because of by-products from energy that go into dry grains. Some of that, because of, you know, war in Ukraine.

But all of these things happening at the same time, are creating those shortages.

And again, as the consumer decides what to substitute. They may be able to substitute to a lower cost food, but they can't substitute food. And that will continue to be an issue, all across the globe.

GLENN: Well, they can't eat bugs. They're supposed to be very, very tasty.

Okay. Hang on just a second. I want to ask you a couple of things about the fed, and what they're planning on doing. And I'm reading some disturbing things, that I would just like -- talk me down from the tree. We'll do that in 60 seconds.

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So a couple of things, let's -- let me start with the fed. I am -- I am reading now, that the fed is going to raise the rates again.

But as astonishing as it seems to me, that we are at these historically speaking low rates. And it's going to stop the heart of the economy. They're saying now, the next rate, or rate hike. Or two. Could just put us into a tailspin. Do you believe that?

CAROL: I do. If you go back to Janet Yellen, our, quote, unquote, esteemed Treasury secretary. The one that told us that inflation would be transitory. And that they needed to get information on $600 e-commerce transactions to keep the billionaires in check, Glenn.

She was on -- one of those weekend shows. And she said, basically, that they fed is going need to a great deal of skill. And also, some luck to achieve this soft landing. Trying to bring down inflation, without taking the economy.

Well, we know on the skill side, we know that they don't have the skills. You know, they were behind the curve in terms of raising the rates to begin with. They waited until we were at, you know, historic 40-year highs, before they even started thinking about reversing course.

So obviously, we know that probably is not -- that the skill part of it. The luck part of it isn't on our side either. Because they don't have the right tool set. As we've been talking about this supply side, versus demand side. And the demand destruction. Their tool set, in terms of raising the target interest rate. As well as potentially reducing the assets under balance sheet. Although, I don't know if they'll ever get around to that. That, again, is to destroy demand.

It's just to have the consumer slow purchases. It's to have businesses slow investment. First, they have the government that's working, you know, against them on that. The government policy is spending more. So those two things are at odds. Which makes absolutely no sense.
But the problem we have now, isn't a demand side issue. It's a supply side issue. As we've been talking about, we have brought under supply. So unless the fed knows how to print labor, print food, print oil, print housing, they are not going to be able to solve for that -- for that Delta, that distance between supply and demand without completely slowing the economy to the point that we are in a severe recession. And that is what the market is signaling, both the stock market and the bond market right now.

Is saying, boy, we don't have the confidence, that the fed not only has the tools, but that they aren't going to put us in a worse situation. And on top of that, then you also have the global economy, you know, in tatters as well. Which isn't a lot -- not a lot. So I'm not real bullish on the skill and luck of the fed right now.

GLENN: So I was in -- I was in Italy last week. And just talked to people. Sit at a restaurant or whatever. And we just talk to people. And one of the more disturbing trends that I heard was, you know, that -- that things are getting really bad. And one person described it to me, as the winds of revolution are sweeping Europe.

Because -- and it's fascinating. Everyone knew, it was the same problem, we have here. The elites are going in one direction. And the people are going in another.

The people are saying, give it back to us. And the elites are saying, give it all to us.

And that's not going to last. And I kept hearing things like, we're just going to have to learn to -- that the this year days of having things that you wanted, and easy lives, are over. Can you describe what that means?

That Americans are just going to have to live a different kind of life.

CAROL: Yeah. It's so frustrating. That, you know, we have the leading economy in the world.

And you have all of these first world countries, that really have spent time, using their technology, to help other countries. And to help lift up human flourishing around the globe. I mean, if you think about China, and what we've done in terms of the extreme poverty there.

Lifting out 90 percent of their population, from extreme poverty. Because they were able to trade with us. And basically suck up some of our capitalism into the communist system. You know, that's what we should be doing. We should be taking that leadership, saying that we know how to do things the best way. And we're going to help everybody flourish. Instead, you have these elites, no. You know, we want this to be a third world country. And we want to be in a dictatorship. Where us at the top, have our own set of rules, and have all the power. And you just suffer. And you're going to have to suck it up.

And, unfortunately, there are some people, who will go along with that. Yeah. You know, crisis. We have to do all this together. Kind of what happened with covid. But we should have happened over the past two years. That they don't have our best outcomes.

GLENN: Interest.

CAROL: Yeah. Outcomes at heart. And they will do anything. Lie. Completely do anything they can to get and usurp that power. And we've already seen, you know, smaller amounts of civil unrest, you know, in developed countries. Whether it was the freedom convoy, or in the Netherlands with the farmers. And, you know, you're right. This could end up becoming a much bigger issue. Which, you know, if it changes the tide. You know, in a sense, it may not be the worst outcome. Not that obviously, I ever want to see any sort of violence or unrest. But we need to change the tenor, and the people need to take back common sense and sanity here.

GLENN: So the -- the one thing that kind of makes sense to me. Is -- you know, if you're somebody who wants control of things. You need to control medicine. They do. They need to control education. They do.

But they need to control energy. You know, I'm seeing this happening in Europe because they're ahead of us. And they're all -- people are going to freeze to death, this winter. They will freeze to death. And people did be able to pay their power bill. Which will put the energy companies into distress. And they won't have the money to do it. Because people aren't paying their bills, et cetera, et cetera. And I just think the government will step in and say, they couldn't get it done. This needs to be done by the government. And you could see the West just taking and absorbing all of our energy companies. Do you think that's a possibility?

Because I think it's likely, at least in Europe.

CAROL: I mean, so if you think about the desire to nationalize, control, have sort of a public/private partnership. At least in the US. California is sort of our incubator for that. And they're starting to test that in a lot of different realms. They just put together that fast recovery act. Which is going to be a state council on fast food. So they'll manage the fast food industry.

And, again, that is a step to try to nationalize these industries. I definitely see a place. We've already been hearing from the U.S. and abroad about things like price caps. We have a big problem in Europe, in terms of the way, they have kind of financed themselves, and a potential collapse of, you know, some of the energy companies and utilities out there. So, yes. You're going to have some -- the governments come in with a bailout. And then they may use that as an excuse. Well, we're bailing them out anyway. They can't manage them. We need to take this over. So whether it's food. Whether it's energy.

Whether it's any aspect of our economic freedom. These crisis are their touch points.

And, again, self-inflicted crisis. In order for them to say, we created the problem. But don't look at that. We'll fix that for you.

GLENN: Carol, will you do me a favor? I would like to do a special with just a group of experts, that can tell the average person, what's coming, and how do we deal with it.

I mean, it's so overwhelming to the average person. And I don't think, because people make it so complex. Because it is complex.

But they make it so complex, that they -- they don't even think about breaking it down into smaller bite sizes, that people can understand. So can you find a bunch of people, that you really think get it. That maybe can sit around at a roundtable, and maybe have a conversation about this.

CAROL: Yes. I would love to be honored to. And I will be in touch.

GLENN: Okay. Good. Carol, we'll talk again. Carol Roth. Carol Roth. Make sure you follow her. She's really, really spot-on. You can follow her at CarolRoth.com.

Also, tonight is a special on the energy crisis. And the collapse that is coming for Europe and what it means to America. Not just the explanation. But what we need to do about it. That's tonight. BlazeTV.com.

Has THIS Islamist organization BROKEN state laws for YEARS?!

A new report accuses CAIR Action, the political arm of the Council on American-Islamic Relations, of breaking state laws with its political activism. Glenn Beck reviews this story...

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me go over what is -- what's happening with -- with CAIR.

You know, the Founding Fathers were obsessed over accountability.

Because they knew one thing. You know, they did. They must get suggestions from people on, you know, through tweets. They studied every single system of government.

Every single republic that survived. That didn't survive.

Why didn't it survive?

They studied all forms of government. They were trying to come up with something that could -- could set people free.

And they -- they worked really hard on putting our checks and balances in place, because they knew, once power slips into the shadows. They knew, once power slips into the shadows, once influence becomes unmoored from law, what rises is not a republic.

It's a machine. And that's what you're seeing right now. We're not living in a republic. We're living in a machine.

We -- I think we're staring at one of the largest unregulated political machines operating in the United States ever! Okay.

There have been a couple of groups that are doing sweeping investigations, two watchdog groups. One of them is NCRI and the Intelligent Advocacy Network.

And they have concluded now that the political arm of CAIR, he known as CAIR action, has been operating nationwide with no legal authority, to do the things it has been doing for years now.

They're not allowed to raise money. They've been raising money. Coordinating political campaigns.

Not allowed to do it. Endorsing candidates. Not allowed to do it, they're doing it. Mobilizing voters, shaping policy, functioning as a national advocacy network.

They don't have the legal authority to do any of it. And no one has said anything.

Now, according to the report, CAIR action doesn't just have a paperwork problem.

Investigators found, state by state, that it lacks the license, the registrations. The charitable authorizations, required to legally solicit money.

Excuse me. Or conduct political activity, in any of the 22 states in which it operates. Think of that!

I know how serious this is, because I remember what it took to get the license in each and every state, for Mercury One.

So we could operate. We could raise money. We could do things in those states. It's a lot of work. And if you don't do it, you go to jail. And they find out pretty quickly.

Okay?

22 states, they operate not one, zero legal authorization.

In Washington, DC, the city where CAIR action is incorporated, the department of licensing and consumer protection told investigators, they have no record of CAIR action ever obtaining the basic business license required to solicit funds or to operate.

Imagine how long would you last in business, especially if you were controversial.

How long would you remain in business, if you never had a business license?

You think somebody would figure that out?

In a sooner time than I don't know. A couple of decades!

This report means, that the organization if true, is engaging in unlicensed inner state solicitation.

It has exposed itself to allegations as serious as deceptive solicitation. Wire fraud and false statements to the IRS. These are big things.

And this is not political rhetoric.

Are these phrases written in black and white. In the law.

And by investigators. In California, one of CAIR's most active hubs. The state attorney general has said, the state attorney general of California has said, same pattern here!

The state of California, to say, yep. That's what's happening here.

CAIR action has never registered with California's charitable registry.

Never filed the required CT1 form. And has no authorization whatsoever to request donations. But they've been doing it in California anyway.

Fundraising, selling memberships. Issuing endorsements. Mobilizing voters. All of that has been done by CAIR action. There's no record of any license. Any permission, ever. Going to CAIR. From California. That's according to their attorney general.

Wow!

That's pretty remarkable, huh? How does that happen?

It's not just the coast. It is also happening to the Midwest, the South, the Mountain West. Every state hosting its own CAIR action fundraising page, complete with the donate now and become a member portal, despite no trace of the legal filings required to operate. That's bad!

Now, here's where the stakes rise.

Because CAIR action presents itself openly, as the political arm of CAIR National.

Investigators are now warning that any unauthorized fundraising or political activity.

Could become CAIR's national responsibility as well.

So, in other words, the parent, CAIR itself, might be held responsible.

Meaning, this is want just a rogue subdivision.

This could implicate the entire National Organization of CAIR.

Now, this is happening at the same time it's coming under national scrutiny. It's also Texas.

And I think Florida have designated the group a foreign terrorist organization. Members of Congress are now asking the IRS, the Treasury, the Department of Education to investigate all of its partnerships, all of its financing, all of its influence operations. I mean, I think they're going to be in trouble.

How long have we been saying this?

But every time, I have pointed out anything about CAIR, I have been called an Islamophobe, which shuts everything down. That is a word, developed by people like CAIR, to shut people down, so you'll never look into them.

So what happens next?

First of all, the reports have to hold up.

Regulators now have an obligation. Not a choice. An obligation to act!

State attorneys general in these 22 states, they might pursue fines, injunctions, criminal referrals.

All of them need to take action!

The IRS, needs to take action. Investigate tax exempt fraud. Treasury Department may review foreign influence or money flow violations.

Anything coming from overseas.

Oh, I can't imagine it. They're so buttoned up, right now.

DC regulators may determine whether CAIR actions entire fundraising operation has been unlawful from the beginning.

But here's the deeper question. And it's not bureaucratic. This one is constitutional.

Can the United States tolerate an influence machine, that operates outside of the legal framework, designed to prevent corruption, foreign leverage, and untraceable money?

If I hear one more time, talking about how AIPAC has just got to be investigated. Fine. Investigate.

I'm not against it.

Investigate.

Why aren't you saying anything about CAIR?

It feels like it might be a tool in the hands of a foreign operation.

Why aren't you saying anything about this?

Because here it is! It's not like, hey. I wonder why.

This is it! This is it! This isn't about silencing CAIR. Muslim Americans are -- that are full citizens, they have every right to speak. Every right to vote. Every right to organize. Participate in public life. No question! They can disagree with me, all they want.

But no organization. None! Not mine. Not yours. Not theirs. None. Should operate a nationwide political network, in the shadows and be immune from all of the guardrails that every other group must follow!

That's called a fourth branch of government!

That's how a fourth branch goes.

By the way, CAIR has placed all kinds of people in our Department of Homeland Security. Et cetera, et cetera. This organization has done it!

This is -- you cannot have a fourth branch of government.

They must abide by the laws.

No -- you can't have a branch that nobody elected. Nobody oversees.

Nobody holds accountable.

We talked about this yesterday, on yesterday's podcast. So what needs to happen is total transparency. CAIR action has to release its filings. Its donor structure. Its compliance records, if they exist. Equal enforcement under the law. I don't want them prosecuted in special ways.

Look, if AIPAC is doing the same thing. AIPAC should be prosecuted exactly the same way.
I want it equal. I want constitutional rule.

If conservatives, if Catholics, pro-Israel, environmental, Second Amendment groups, if they have to comply by the state law, so does CAIR action.

And if CAIR action has to do it, so do the Second Amendment groups and environmentalists, and pro-Israel and conservative groups. The law cannot be selective. It can't be!

I don't know how that's controversial in today's world. But somehow or another, they will find a way.

The Feds have to review all of this. If the report is accurate, the IRS and the Treasury have to determine whether false statements or unlicensed interstate solicitations have occurred.

Americans deserve to know what exactly, who is influencing our elections. Who is shaping our policy? Who is raising money in their state?

Especially physical the organization claims political authority, that it doesn't legally possess.

Because history will teach us one unchanging lesson. When a republic stops enforcing its own laws, someone else will always step in to fill that vacuum because power abhors a vacuum!

Unregulated, political power abhors a free people. So while it's about CAIR, it's not about Muslim Americans. It's not about religion.

As always, at least on this program, we try to make it about the rule of law.

One standard for everyone or no standard at all!

And that more than anything, will determine whether or not our institutions remain worthy of the freedom and responsibility that we have entrusted to them.

Glenn Beck WARNS Democrats Will Return with VENGEANCE in 2026 | Glenn TV | Ep 473

America is entering a year of historic upheaval from Charlie Kirk’s assassination and the spiritual shock that followed, to Trump’s tariff revolution, China’s rare-earth war, collapsing energy grids, AI displacement, and the looming fights over Taiwan and Venezuela. Glenn sits down with BlazeTV hosts ‪@deaceshow‬ and ‪@lizwheeler‬ along with his head researcher Jason Buttrill, to break down the biggest stories of 2025. Plus, they each give their most explosive prediction for 2026 that could shape our politics, economy, national security, and civil rights in ways Americans have never experienced before.

Trump Just SHATTERED the “Expert Class” - And the Deep State is in Total Panic

For nearly a century, Washington DC has been ruled by an unelected “expert class” operating as an unconstitutional fourth branch of government — accountable to no one, removable by no president, and shielded from all consequences. Glenn breaks down why Trump’s firing of the Federal Trade Commissioner could finally dismantle the 1935 precedent that empowered technocrats, how Ketanji Brown Jackson exposed the Supreme Court’s embrace of expert rule, and why America cannot survive a government run by people who never face the voters and never pay for their failures.

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So President Donald Trump fired the federal trade commissioner Rebecca Slaughter. Federal Trade Commission is an administrative position. I mean, this is under -- the head of the federal trade commission is a cabinet member.

And if the justices uphold Trump's firing of Slaughter, that will overturn a precedent that was horrible, that was set in 1935. Remember, 1935, we're flirting with fascism. You know, everybody thinks. Because they haven't seen the horrors of fascism yet.

Everybody thinks fascism is neat, blah, blah. So what they do is they say that this is an independent person. And the president can't fire them. Because they're, you know, an independent agency.

Well, wait. That would make a fourth branch of government. Our Constitution is really clear.

There is no such thing as a fourth branch of government. Right?

So that's what they're deciding. Now, here is Ketanji Brown Jackson, who is talking about how we really need to listen to the experts. Cut four.

VOICE: Because presidents have accepted that there could be both an understanding of Congress and the presidency. That it is in the best interest of the American people to have certain kinds of issues, handled by experts. Who, and I think you -- in your colloquy, Justice Kagan, have identified the fact that these boards are not only experts, but they're also nonpartisan. So the -- the seats are actually distributed in such a way, that we are presumably eliminating political influence because we're trying to get to science and data and actual facts, related to how these decisions are made.

And so the real risk, I think, of allowing non- -- of allowing these kinds of decisions to be made by the president, of saying, everybody can just be removed when I come in, is that we will get away from those very important policy considerations.

VOICE: We will get away from US policy considerations, and it will create opportunities for all kinds of problems that Congress and prior presidents wanted to avoid, risks that flow inevitably, just given human nature, the realities of the world that we live in.

GLENN: Okay.

Now, remember, what she's saying here is, we have to have experts.

We have to have experts. We have to have experts that don't really answer to anybody. Okay?

They're appointed. And then they're just there. This from a, quote, judicial expert, who cannot define a woman, because she's not a doctor.
She's not a scientist.

She needs an expert to define a woman.
That's how insane her thinking is. Okay?

Now, I would just like to ask the Supreme Court, when you want things run by experts, do you mean things like the State Department, or the counsel of foreign relations, that have gotten us into these endless war wars for 100 years?

Because these are the things that Woodrow Wilson wanted. He wanted the country run by experts.

Okay. So is it like the Council of Foreign Relations, that keep getting us into these endless wars.

Or is it more like the Fed, that directs our fiscal policy, that has driven us into $38 trillion of at the time. We have all powerful banks. That strangely all belong to the fed. And endless bailouts for those banks. Are those the experts that you're talking about?

Or are you talking about the experts that are doctors, that gave the country sterilizations, lobotomies, transgender surgeries. You know, or should we listen to the experts, like the ones that are now speaking in Illinois, to get us death on demand like Canada has, with their MAID assisted suicide, which is now the third largest killer in Canada. MAID, assisted suicide, third largest killer in Canada. Experts are saying, we now need it here, and they're pushing for it in Illinois. Or should we listen to the experts? And I think many of them are the same experts strangely, that brought us COVID. Yeah. That was an expert thing. They were trying to protect us. Because they need to do this for our protection. So direct from the labs in China with the help of the American experts like Fauci. We almost put the world out.

Should we listen to those guys?

Or the experts that brought us masking, and Home Depot is absolutely safe. But Ace Hardware wants to kill grandma. Which are the experts that we want? That we want to make sure that we have in our lives? That they don't answer, or can't be fired by anybody. Because I'm pretty full up on the experts, myself. I don't know.

But you're right. These experts would keep the president in check, and they would keep Congress in check. And you in check!

And the Supreme Court, which would be really great. You know, and you know who else they would keep in check? The people.

So, wow, it seems like we would just be a nation run by experts, and our Constitution would be out the window, because that's a fourth branch!

And if you don't believe me, that, you know, these experts never pay a price. Can you name a single expert?

Give me a name of an expert, that gave us any of the things that I just told you about.

Give me the name. I mean, give me the name of one of them. Give me the name of one of them that went to jail. Give me the name of one expert that has been discredited.

You know, where your name will be mud in this town. Do you know where that came from?

Your name is going to be mud. It's not M-U-D. It's M-U-D-D, that comes from Dr. Samuel Mudd. Okay? He was a docks man. He was an expert. He was that set John Wilkes Booth' broken leg. He made crutches. He let him stay there for a while. He claimed he didn't know him, but he did know him.

In fact, one of the reasons they proved it.

Is because when he pulled the boots off -- when he pulled both of his boots off, right there, in the back, you couldn't have missed it. It said "John Wilkes Booth."

He's like, I have no idea who he was.

Yeah. Well, you knew him in advance. This was a predetermined outpost where he could stay. It's clear you could know him.

The guy was still discredited, we still use his name today. Your name will be mud in this town.

And we think that it's like dirt, mixed with water kind of mud. No, it's M-U-D-D, Dr. Mudd. The expert that was so discredited, went to jail, paid for his part of the assassination of -- of Lincoln.

Give me the name of one of the experts in the last 100 years, that has brought us any of the trials and the tribulations. The things that have almost brought us to our knees. Give me the name of one of them. Can't!

Because once an expert class, they don't answer to anyone. So they never go to jail.

Wow! Doesn't that sound familiar. People never going to jail!

There's a rant that's going around right now, that I did in 2020. And everybody is like, see. He's talking about Pam Bondi.

No, no. I got to play this for you, a little later on in the program. But I want to get to the experts and what the Constitution actually says about that. Because you don't need my opinion. What you need are the actual facts. So you can stand up and say, yeah. I think Ketanji Brown Jackson is an idiot. Okay?

And she's really not an expert on anything. Especially the Constitution. You need the facts, on what the Founders said. Because the Founders would be absolutely against what they did in 1935.

Because that just -- what does it do?

It just sets up a fourth branch of government.

EXPLAINED: Why the Warner-Netflix/Paramount Merger is DANGEROUS for All of Us

The biggest media merger in modern history is unfolding, and Glenn Beck warns it’s the most dangerous consolidation of power America has faced in decades. With six corporations already controlling 90% of the nation’s news and entertainment, a Warner-Netflix or Warner-Paramount megacorporation would create an unstoppable information cartel. Glenn exposes how “too big to fail” thinking is repeating itself, how global elites and “experts” are tightening their grip, and why handing our entire cultural narrative to a handful of companies is a direct threat to freedom. The hour is late — and the stakes couldn’t be higher.

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, it's never good when you consolidate power. It's never good.

And what is going on now, with this Netflix Warner Brothers paramount stuff, I don't care if Larry Ellison is a conservative or not.

No one should have that much power.

I did a show, gosh, four years ago. I don't even remember when I did it.

We looked it up. In the 1980s. 19 percent of American media was owned by over 50 companies.

Forty years later, 90 percent of the media is watched and controlled by six companies.

National Amusements, the Red Stone Family controls CBS, CMT, MTV, Nickelodeon, gaming and internet. Simon & Schuster Books. That's all one.

Disney, ABC, ESPN, History Channel, Marvel, Star Wars, video games and print.

TimeWarner controls CNN, Warner Brothers, HBO, Turner, video games, internet, and print media like TIME. Comcast, MSNBC, NBC.

CNBC, Telemundo, the Internet.

New Corp. Fox. National Geographic. Ton of others. Sony, with a ton of movies, music and more. The big six. They're valued at nearly $500 billion.

Now, this is something I put together five years ago. So I don't even know. This is probably not even valid even today.

And now we're talking about Netflix, Warner Brothers. Paramount, into all of these one giant corporation. It's wrong! It's wrong!

We can't keep putting all -- everything into the hands of just a few! It's what's killing us!

We've got to spread this around. We can't -- the government cannot okay mergers like this.

They're big enough he has

What happened -- what happened when the banks went under, or almost went under in '08. What did they say the problem was?

They said the banks are too big to fail.

Too big to fail.

Because they were providing all of the services, everybody needs. All the time. And there's only a handful of them.

So if they fall, then everything falls.

Right?

That was the problem. So what did we do to fix it?

We made them bigger!

We let them merge with other banks, and gobble up other things!

And started taking on the local banks.

And so now, your banks that were too big to fail. Are now even bigger. And their failure would be even worse!

What is wrong with us?

Seriously, we're not this stupid.

We're not this stupid.

I think we're just this comfortable.

We just think the experts have a plan. No. The experts don't have a plan.

Their plan is stupid. Their plan is to make it bigger.

Every time it fails. Make it bigger. Push it up.

Make it more global.

No. Haven't you seen what the entire world is like?

The entire world is over-leveraged. The entire world is on the edge.

The entire world is being redesigned.
So what do we do? We don't allow them to make things bigger! We need to start taking more individual and local control of things. They're making it bigger. Which will make the problem bigger. And make the problem so big, you won't be able to do anything about it, because all the experts. All of the heads. They'll all -- there will be six of them. And they will all be sitting in one room.

And they will all be making the instigations. And with them, making those decisions will be all the heads of all the countries around the world, that you're not going to have a say in any of that. They're already trying to do it with the WEF.

But if -- if the Supreme Court says, no, experts matter. And the president can't fire them. You will not have any control over anything!

We're at this place, where we can back out. We can turn around.

We can do it.

It's not too late. But the hour is growing very late.

I don't know about you, I don't like being this.

Up to the edge, you know what I mean?

I would rather have lots of breathing room, between me and the edge of the cliff.

But we don't have that anymore.

Everything has to be done right.

And we have to pay attention.

And the worst thing we can do is make things bigger.

Dream big, think small.