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RADIOMarch 08, 2022

EXPLAINED: How gas prices affect EVERY part of your life

A new survey shows 85 percent of American small business owners are concerned about inflation. And now it’s not just inflation Americans must worry about; the cost of oil is skyrocketing too, with gas prices reaching nearly seven dollars in California. In this clip, Glenn explains how those prices can affect your life (and businesses) in ways far beyond filling up your car: 'If you think the supply chain is bad now, how are these truckers going to move goods if they can’t afford the gas?' Plus, Glenn shares statistics that show just how much Americans financially are struggling today…

Transcript

Below is a rush transcript that may contain errors

GLENN: All righty. So let me just go over a couple of things. MetLife and the chamber of commerce has a small business index survey.

And they conducted it in late January. And they found that 85 percent of small business owners, say they're concerned about the effects of inflation on their business.

Up from 74 percent just before the holiday. Almost half of small business owners, 44 percent, say they're very concerned about their higher prices.

Remember, this was in January.

I think things are probably a little worse right now.

Don't you think?

STU: Uh-huh.

GLENN: It's one of those things.

You know, I read the diary of a guy, in Germany. It's fascinating. I'm trying to remember the name of it.

It's fascinating. And during the Weimar Republic. When inflation hit. And hyperinflation.

He said, last week, we didn't know what the word hyperinflation even meant.

This week, it's all anyone is talking about.

That's how fast things -- things happen.

Anyway, 76 percent said, they are finding it difficult to manage higher costs because of inflation. Consumer prices rose 7.5 in 12 months. And in January.

Fastest pace of inflation in four decades. Inflation is not only growing to soaring highs. But it's also increased at a rapid pace. Less than a year ago when the chamber of commerce conducted the same survey, only 16 percent of small business owners, cited inflation has a big concern.

Think of that. Sixteen percent. Now it's 76 percent very concerned. Forty-one percent of owners said they had to downsize by decreasing staff, in order to cope.

More than a quarter of the small business owners surveyed, said the supply chain problems are their biggest concern. While slightly fewer, 24 percent, pointed to COVID-19, as their top trepidation.

Both of these were dwarfed by the 33 percent who said inflation was the biggest concern. Majority of small businesses, 63 percent, said the supply chain had been disrupted by the pandemic.

The problem is, I have a trucker in the family. And the problem is, they can't afford to move the goods.

They're not really getting any money. And increase for the gas, that is really handling all of this.

So these truckers. I mean, how are they going to -- you think the supply chain is bad now. How are these truckers going to be able to do something, if they can't afford the gas?

Think about how much that gas is costing you.

I would love to hear from a trucker.

What does it cost to fill your bank?

I have another question. Those really big barrel things, around the exhaust pipes?

Are those mufflers, on each side of the door?

Those big, huge round -- are those mufflers. I drove by one. I don't know what those are.

I wonder what that is. Anyway, how much does it cost to fill a truck?

Can you even imagine?

And you can't eat that.

STU: Everything -- every single product, obviously, that you utilize, on a daily basis.

Think about just like Uber. Think about the people who get around in Uber all the time.

They obviously will have to jack these prices up. I think they're probably doing it already.

GLENN: But you don't even understand.

You know, think of any medication that you take, that is in a capsule, okay?

Not in a tablet. But a capsule.

That capsule is made from petroleum products.

Everything.

People are not thinking about the natural gas. We're just going to shut down the natural gas pipelines.

Oh, are we?

You know what makes fertilizer?

Natural gas.

So natural gas, having a shortage of natural gas, means you're not having the fertilizer, that you -- you always have. You can't make the fertilizer in the amounts that we need.

So we're buying most of it, already, from Russia, and China.

You think that's going to go well?

How much is it going to cost to get things from China?

If oil is $185 a barrel? How much? How much?

Right now, in California, they are paying $6.95 for regular. For regular.

STU: Hmm.

GLENN: How is that going to impact the people of California?

I mean, the people of California. I mean, you guys have to get out of there. You're so screwed. You're so screwed.

They just passed this thing, where you can't build anymore single family housing.

And they're rezoning things. So you can have multi-family housing in these areas that were zoned forever for single family housing.

You know, when you think about the zoning, you know, you might want to think hmm. If there are four people to a house. Or four families to a house. Instead of one family to a house. How many cars have to be parked on the street?

How many cars are now going to be on that small, little street, just driving?

Gee. Are the schools prepared, for four times as many children?

Is there a food desert? Because there would probably be one now, with four times the people living in this area.

Nobody is thinking about, you can't make one small change, and expect everything to fall into place.

All of this, has been designed, for reasons.

And these -- these Marxists are coming in here, thinking, oh, well. We can -- honestly, it's let's ban Russian oil.

I'm all for it. If we open up our oil. And not our oil reserve.

Not our strategic oil reserve.

Our -- start pumping it.

Open up your pipelines. Start pumping the -- the natural gas again.

It -- guys, if we don't have natural gas, we don't have fertilizer. If we don't have fertilizer, we get half the food, we need, just to fill our own tables with food.

Anyway, you know, the fed keeps saying, oh. No, no, no, no.

You know, it's really -- it's really great. I mean, the median -- the savings. People have more in their savings now, than ever before.

Does that feel right to you?

Do you know people who are like, I have so much in savings. I don't really care.

Right? Does that feel right to you?

I hear that all the time. Well, it's true.

If you look at the total, do Americans -- do just Americans have more in their savings account?

STU: You mean like everyone in the country combined.

GLENN: Everyone in the country combined.

The answer is, yes.

But if you look at the median, no. No. No. Not so true.

Uh-uh. No. Uh-uh.

Median all houses. If you are in the lowest 20 percent, you have zero.

If you are in the second 20 percent, you have $860. If you're in the middle 20 percent, you might be able to scrape up a median, all households, $12,330.

I think that's pretty great. I don't know a lot of people that have $12,330. Do you have that in the bank account?

When you were a median income person, that's a lot of money to have.

STU: Good little nest egg there. It could be getting to certainly an emergency plan, right?

GLENN: Yeah. Top 10 percent. Top 10 percent has $48,100. Wow.

STU: Top 10 percent of earners.

GLENN: Top 1 percent has 1,627,820.

So anybody -- if you are living in the bottom 50 percent, you got nothing. You got nothing.

Top 50 percent. You got something, at the bottom of the top 50.

And you got a lot, if you're in the top one.

STU: This is just cash on hand? This is not like equity on your home, per se. Or is it?

GLENN: Median income. Averages and medians, in the group.

Shows volunteer, average --

STU: I don't know why I'm asking you this question.

GLENN: Yeah. I have absolutely no idea. I don't like into these things.

STU: This is my job to look into these things. And I have to do that. Apparently not.

That's a fascinating thing. This is -- this type of stuff they bring up all the time on the left. This is income inequality. That's the problem. If we just had more equal incomes and higher tax rates, all these problems would be solved. Now, that doesn't make any sense, when you actually break the numbers down.

But this is their case for it. The thing with the maximum amount of savings, that I keep hearing. The government flooded the market with so much money, that many business -- people who worked at businesses, were able to -- you know, in a time that was scary. They were able to put some of this money away. Didn't take trips. Didn't take vacations. Didn't buy high ticket items for a while. Now that things are opening up. They're flooding the market for these high ticket items. That were not being produced in 2020.

And so now, as you always say, too many dollars chasing too few goods. And we're getting to that point where that inflation is hitting really hard. At some point, in the near future, of course, Glenn, because this is transitory, they are going to be able to ramp up production, and meet that demand. And these problems are supposedly going to go away.

GLENN: Yeah.

STU: Look at -- look at the energy prices. Look at what's going on with Ukraine and Russia. And how that will affect the global economy. God forbid too that China gets involved in Taiwan. And the same sorts of restrictions.

We really cannot afford to put those restrictions on China. It would ruin the global economy.

Not to mention, our own specifically --

GLENN: Let's just say, they don't take Taiwan. Let's just say, they decide to take a hard line, because they're now blaming us for Ukraine. They're saying, we did it.

And in some regard, you might say, we didn't. But the Biden administration did. And the Biden administration -- or Biden family, along with the Obama administration, probably played a role in this.

However, it's Russia that invaded. Not the United States.

But China is now blaming us. And they are blaming us, internally. Not just externally. Internally. They're saying all of this is going on because of the United States.

So what happens to our supply lines?

What happens to our oil?

If we've decided not to open up oil here, instead, we said Venezuela. Who is, by the way, a -- an in-bed partner with Russia. And Iran, who, by the way, is a partner with Russia and China.

What happens when we're asking all these countries to help us, and they decide, you know what, there's an axis power here.

STU: Right.

I keep thinking about this too. There are so many questions that are open. Think of Russia right now. Who we are -- we are on television, saying, yeah. Boeing can give jets to Ukraine. To go and, you know, do all sorts of things in Ukraine, to protect them. Which, of course, we all want that to happen.

And we will backfill their Air Force. So essentially, we're the ones giving these jets to Ukraine.

We are saying -- we are -- there's published reports all over the place. Of all of these missiles and air defense units. And all the things. Stingers. And javelins. All the things we're giving to Ukraine.

We're saying it. Think about what would happen if Russia were doing the same, when we were going into Iraq.

Right? If they were saying, yeah. By the way, we're sending these weapons.

We're outwardly doing it. And those are the things killing your soldiers. How would we react to that? Not well.

Not well.

And at some point, Russia, especially if they get a really strong resistance for a long period of time, in Ukraine.

Is going to take action against us, whether it's through cyber attacks, or through some other form of economic manipulation.

I don't think they're going to start launching missiles at our cities. At least, not yet.

But there are plenty of things they can do, and given us a taste of it already.

That they can do kind of under the table. Without their hands under it. And affect our lives in real ways.

You think they're ready for a legitimate cyber attack in Russia? Do you think we are prepared for that in any way? How confident are you in our defenses on that?

And our resilience to that?

GLENN: Not at all. Not at all.

STU: Not at all.

GLENN: Not at all. Yeah. I don't think America -- you know, I was trying to explain war to the kids.

Made them cry all weekend.

But tried to explain war to the kid. This is a different war. And this is what Americans need to understand. This is not like the war that all of us have known, if you're my age. Okay?

I'm -- I'm 57, 58. I don't know.

I'm 40.

And -- and, I mean, I remember Vietnam. And I remember it ending.

This isn't even Vietnam. Okay?

What is possible on the horizon here, is World War II, Depression kind of stuff. Okay?

That's what's on the horizon. So please, tell your congressman, and your senators. Hey, shut up about shutting down the Russian oil. Unless it is coupled with opening up our own energy supplies.

I'm all for cutting off Russian oil.

But not if we're taking it from our strategic oil reserves, and then wining and dining Iran, Saudi Arabia, and Venezuela.

That's suicide.

Call your congressman. And your senator. And tell them to start demanding, we open up our own oil supplies.

‘STUNNING’ statistics PROVE the church may be in DANGER

A recent report found that only 37 PERCENT of Christian pastors bring a ‘Biblical worldview’ with them to the pulpits. And, for Catholic priests, the numbers are even worse. Glenn breaks down these ‘STUNNING’ statistics which prove that the Christian church in America may be in BIG danger…

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, there's a couple of things hear. Only half of evangelical pastors hold a Biblical worldview.

Now, this might be a little shocking for people who go to church. A study released Tuesday builds on an other report from American World View inventory 2022, which shows that 37 percent of Christian pastors bring a Biblical worldview with them, to the pulpits.

Now, a Biblical worldview is -- do you -- does every person have a purpose and a calling is this

Do you have a purpose for being here? And can God call you to something? I'm asking you, Stu.

STU: Why are you asking me, without the echo in your voice?

GLENN: Because I don't want you to feel damned, immediately.

STU: Oh, okay.

GLENN: So do you feel the purpose in calling?

STU: Sure.

GLENN: Family and value of life. Those come from God.

STU: Yes.

GLENN: Do you believe in God?

STU: This is a tough one. After the previous two, but yes.

GLENN: Do you believe in creation? I know this is weird. Creation and history?

STU: I believe in history. I just believe in --

GLENN: I believe in creation. Do you? I mean, intelligent design. I don't know how he creates.

STU: Yeah. I don't find that question to be as riveting as some do. I don't really care how he did it, honestly. But it's on him.

GLENN: It's like, oh, we got you there. So you're saying, dinosaurs aren't real?

STU: Yeah. I don't really -- I don't know all the details to it. It wasn't there. I will say, I don't know how an i Phone works exactly. But I'm glad the texts go through.

GLENN: But I don't believe in Steve Jobs. He never existed. That just, all of a sudden appeared on a beach somewhere.

STU: Right.

GLENN: Let's see. Do you believe in sin? Salvation and relationship with God?

Do you believe in behavior and relationships, the Bible, and its truth and morals?

STU: I think.

GLENN: Yeah. I think those are all pretty easy. Only 37 percent of pastors. Believe in that.

STU: Oh.

GLENN: I mean, you might want to put that on the front sign. You know what I mean?

Like, hey, come in. Try our doughnuts. And we don't really believe what you think we believe.

STU: Well, this happened to you. Right? When you were doing your church tour. Back in the day.

GLENN: Oh, back in the day. We went to every church. Every religion. Because my wife wouldn't marry me without a common religion.

And I'm like. I love God and everything. But religion, I --

STU: This is a long time ago. This was not you, at the time though.

You were not. This church tour happened, in what? I don't remember what year it was.

GLENN: '99.

STU: Wow, it was a long time ago.

GLENN: A long time ago.

STU: You were finding your way. Mainly because your wife wouldn't marry you if -- you're forced into it.

GLENN: Right. I was forced into it. And she didn't believe in premarital sex either. And I'm like, okay. Chickaboo. I said, what is it going to take? And she said, God. Here I am. I'm practically a god, look at me. No.

STU: A Greek god.

GLENN: A Greek god. She vomited. And then I went to church. So we tried everything. I mean, we -- I really liked a Jewish synagogue we went to. Except you couldn't eat a lot of good things that I liked. And I don't speak a word of Hebrew. But it was in and out on Saturday, and it was pretty good. I since learned there was more than that.

STU: Yeah.

GLENN: But I went to this church. And it was. What do they call those churches? Congregational, right? The white churches on the greens.

Yeah. I think it's congregational churches. And they're non-denominational. And so I'm sitting there in the pew. And Tania and I were listening.

It's okay. It's church. And during it the sermon. The pastor said, now, you all know that I don't believe in God. But if there is a God, we should serve him.

And I'm like, hey, that doesn't make any sense at all. Okay?
(laughter)

GLENN: And that should be on the front door, someplace. Before you go and sit down, you should just know, our pastor does not believe in God. But if there is a God, maybe we should serve him.
(laughter)
You know, good safety tip there. So back in just a minute. I'm going to give you a reason on why I'm telling you this latest survey. It's crazy. Finnegan is a 12-year-old Husky Lab. And Daniel not his owner. That would be wrong.

His adult friend. He said Finnegan used to sleep all the time. We had to spike his food every day with cheese and ham, et cetera. And even then, he wouldn't eat most of his food. Sometimes for days. I was skeptical about ordering Ruff Greens. But I gave it a try. In a month or so, Finnegan was incredibly active, and he runs and plays with other dogs. He even chases rabbits and squirrels again. I wish I would have discovered this for him, long ago.

Well, get it when you can, you know. Doing the best you can, to raise a health dog. Ruff Greens can help you. It's not a dog food. It's vitamins and minerals. And all the other things that your dog needs to live a healthy life. And they love it. And you put it on there. Now, not all dogs love it, I'm sure. So they want to give you a free bag, to make sure that your dog loves it, as much as my dog Uno. And Daniel's dog Finnegan. They'll eat it, man. You just watch over them. They change. It is really great to see. It's Ruff Greens. RuffGreens.com/Beck. RuffGreens.com/Beck.

Get your free bag now. 833-G-L-E-N-N-33. Or RuffGreens.com/Beck. Ten-second station ID.
(music)

GLENN: On only 30 percent of Christian pastors believe and have a Biblical worldview. I mean, if you're not talking about sin and, you know, how to be a better Christ-like person. And how do you -- 37. What are they teaching?

STU: Those are the questions. The specific questions asked. Certainly, there are differences among denominations. And various questions.

But these are pretty basic points.

GLENN: Are these eight categories. Eight categories. Purpose and calling. Family and value of life.

God, creation and history. Faith practices. Sin, salvation, and relationship with God. Human character. And nature. Lifestyle. Behavior and relationships.

Oh, and the Bible. Truth and morals.

STU: Yeah. I know there are obviously disagreements on some of the intricate matters of faith between denominations and pastors.

GLENN: Sure. But 37 percent.

STU: The only thing I would ask, who is the defining Biblical worldview there? And I would assume --

GLENN: The bible.

STU: If you're assuming broad categories like that, that's a stunning number.

GLENN: Stunning. Stunning number.

STU: To the point of, how is it possible?

GLENN: So 57 percent of pastors leading non-denominational and independent churches, held a Biblical worldview, a nationwide study in February. Conducted in February. Nondenominational and independent churches were more likely to subscribe to a Biblical worldview than evangelical churches. Perhaps most surprisingly 48 -- 48 percent of pastors of Baptist churches, widely viewed as the most enthusiastic about embracing the Bible. Held a Biblical worldview, 48 percent.

Pastors of Southern Baptist churches by contrast were far more likely. 78 percent, to have Biblical beliefs. The traditional black Protestant churches and Catholic priests, I'm sorry. Just -- wow. I just had to read this again.

Traditional black Protestant churches and Catholic priests, were found least likely to hold a Biblical view. With the incidence of Biblical worldview, measured in the single dingles. Black churches. 9 percent of pastors and Catholic priests. 6 percent.

STU: I feel like you ask atheists, if you have a Biblical worldview. You would have higher than 9 percent.

GLENN: I think I could give it to Penn Jillette. And he would be like, you know.

STU: At 14 percent. I'm at 14 percent.

GLENN: Yeah. That's crazy. In churches with an average of 100 or fewer within attending weekly services. 41 percent of the pastors had a Biblical worldview. Larger fellowships with 100 to 250 adults fared better, with 45 percent.

However, 14 percent of pastors leading mid-sized churches, between 250 and 600 people. 14 percent.

And 15 percent of pastors with congregations of more than 600 adults. That's crazy.

STU: Yeah. That's hard to understand how that's possible. Why would you be involved in this business, right?

I hate to call it a business. It's your life's work. It's your career. Right?

GLENN: It's like. You know what it means? It's my uncle who is the head of safety at Boeing for years, and he would never fly. He would never get on an airplane. And he would be like, uncle Dave, what is that? And he's like, if you fly, you have to fly a Boeing.

STU: If they can care about it a little.

GLENN: It is my uncle, who is the head of safety at bowing for years. Okay.

STU: Okay.

GLENN: And he would never fly. He would never get on an airplane.

STU: Right.

GLENN: And you would be like, uncle Dave. I don't. What is that? And he's like, if you fly, you have to fly a Boeing. But there's no reason, logically that that thing should be able to take off and fly. I don't know if you're the best for safety, you know.

I think that's -- my uncle Dave should have been a priest maybe.

Glenn reads leftists’ CLUELESS reactions to SCOTUS decision

The far-left proved once again it’s members care very little about ‘peace.’ In fact, some reactions from leftist, blue checkmarks on Twitter show just how ANGRY they can be…especially when it comes to the Supreme Court preserving the Constitution and returning rights to the STATES. Glenn reads several of their reactions to SCOTUS' recent decision that further protects the Second Amendment...

Transcript

Below is a rush transcript that may contain errors

GLENN: Boy, I just wanted to go through some of the blue checkmark responses from yesterday. Because, gee. I just -- I just don't -- I just don't know what else to say. They were so right on target. Now, that's -- that's a joke. I didn't mean it. I didn't mean it actually target. You know, like Sarah Palin actually meant it. Alicia Sultan. Or Ashia, or whatever her name is. She says, God forbid. Listen, you're listening right now to a guy who is in the Radio Hall of Fame. I am so good at what I do. I don't even need to know how to pronounce names. I don't have to. They were like, this guy is like a radio god.

Yeah, but have you heard him?
Yeah, put him in the Hall of Fame.
Anyway, she said, God forbid, someone you love gets killed by gun violence. I second that. Second Amendment fetishizing will never bring that back, or a make that loss easier to bear. Yeah. I agree with that. I mean, hang on. Let me just take the ball out of my mouth here. I have this fetish thing with the Second Amendment. It is hot. Too many people believe that unfettered access to guns will never hurt someone they love, until it happens. Okay. I don't know what your point is really here. Marion Williams says. People will die because of this. And to be very clear, now, listen to this argument.
To be very clear. They're not doing this to protect the Second Amendment. They're doing it to protect the primacy of property rights.
Well, gosh, that's a good reason to do it too, I guess. Huh. I didn't even think of the property right part. But thanks for pointing that out, Marion. Neil Cattial says, it's going to be very weird if the Supreme Court ends a constitutional right to obtain an abortion next week. Saying it should be left to the states to decide, right after it imposed a constitutional right to conceal and carry firearms. Saying, it cannot be left to the states to decide.
Neil, here's what you're missing, dude.One is actually in the Constitution. It's called the Second Amendment. That tells the federal government, and the states exactly what they can and cannot do. What government cannot do. There is no right to abortion. I -- show it to me. Show it to me. When you can show it to me, I will change my argument. That, when it's not in -- I'll talk slowly for you, Neil.
When it's not in the Constitution, then, there's this part of the Constitution and the Bill of Rights. It's -- it's -- just look for the number ten. Okay? And that says anything that's not specifically in the Constitution. That goes then to the states. Yeah. Look at you. You're going to read something.
Jill Flipuffock says -- says the kind of people who desperately want to carry concealed weapons in public, is based on a generalized interest in self-defense are precisely the kind of paranoid, insecure, violence, fetishizing people, who should not be able to carry a concealed weapon in public. Okay. So let me get this right.
If you want to carry one, you're the kind that shouldn't carry one. So, in other words, when -- this is right. Jill, my gosh, my whole world is changing. Thank you for this. Now I understand when Martin Luther King went in and said to the state officials, hey. I need to have a concealed carry permit. He's exactly the kind of guy, you Democrats didn't want to carry a gun.
Yes! Jill, thank you for that enlightenment. David Hogged says, you're entitled to your opinion. But not your own facts. And like your own facts, you're not entitled to your own history. That's exactly what the Supreme Court decision is. It's a reversal of 200 years of jurisprudence that will get Americans killed. David, David
Have you read a book? Come on. Do you know anything at all -- name three founders. Can you do it? Right now, think. Go. Can't do it, David. 200 years.
Our -- the only times -- the only times in our history, and you wouldn't know this. Because you bury all the left. Buries the Democratic history.
The only time that we have any kind of history, where we're taking guns away from people, is when the government is afraid of those people. When the government gets really, really racist. Okay? That's why the Indians, yeah. That's why they're living on reservations now. Because we took away their guns. Yeah. Yeah.
That's why after the Civil War. And before the Civil War, slaves could not have guns. Why?
Because they might defend themselves. And then, after they were freed, oh, my gosh, the Democrats freaked out. Those freed slaves, will have a way to protect themselves. And they got it done through all kinds of laws, kind of like what you're doing now.
Thank you, David for writing in. You're special. March for Our Lives. Blue checkmark said yesterday.
The court's decision is dangerous. And deadly. The unfairly nominated blatantly partisan justices put the Second Amendment over our lives. No. I -- I -- may I quote the Princess Bride? I do not think those words mean what you think they mean. Okay?
Second Amendment is there, to protect our lives. To protect our property. And to protect our freedom.
I just want to throw that one out. The blood of American people who die from needless gun violence will be on their corrupt hands.
Okay. Wahajit Ali (phonetic) said, let's have a bunch of black, brown, and Muslim folks carry large guns in predominantly white neighborhoods.
I know the Second Amendment advocates will say that's great and encourage it. Because American history proves otherwise. We might get gun control. But we would also get a lot of chalk outlines.(laughter)Mr. Ali, you are so funny.
See, what you fail to recognize is that all of the people that you say are racist, aren't racist.
There are racists in this country, a lot of them seem to come from the left. You know, like the socialist Klan members. Or the socialist Nazi members. You see what they have both in common?
Yeah. Democratic Party. Anyway, Mr. Alley, if someone wants to carry a gun. And they're a Muslim. I have absolutely no problem. You're brown, you're pink, you're polka dot. You have covid and you're not wearing a mask. Or you don't have covid, and you're wearing 20 masks. And you want to carry a gun. I'm totally fine with that. Now, if you get a bunch of people. And, again, I don't care what color they are. Marching down my neighborhood, with large guns. Yeah. I am going to call the police because that's unusual.
What are you doing? We're just marching with our guns. Why in my neighborhood at night?
None of your business. Does Kavanaugh live around here? See, there's a difference. There's a difference. Right-wingers can freak out about nullification or packing or whatever.
No one cares. You broke all the norms of decency, democracy, and fairness. Oh, my gosh. Oh, wait. Wait.
This is from David Atkins. He has a great solution. At the end of the day, California and New York are not going to let Wyoming and Idaho tell us how we have to live in a Mad Max gun climate hell.
Oh, my gosh. David, let's break some bread, baby. Let's come together. Yeah. All right. Let me do my best Marianne Williamson.
Yeah. Yeah. Because we can come together. What you just said is the point of the Tenth Amendment. California and New York, I don't want to live like them.
You don't want to live like us. So let's not. Let's not. However, there are ten big things. And I've heard they've added to these. But there are ten big things, that no government in the United States of America, can do. Now, you want to change that, let's change it. Because what's so crazy, is there's this thing called the amendment process. You want to change the Constitution, you don't -- what -- all norms of decency. Democracy and fairness. You don't break those.
You want to change those amendments. You can do it. All you have to do is go through the amendment process. And then if you say, everybody has to have a pig on their lap. You get the states to vote for that. Put it on the amendment. You have it. Now, probably there would be another amendment that comes later. That says, hey, the big in the lap thing is really, really, stupid, and I think America lost its mind temporarily. So we're going to scratch that one out. From here on out, no. Absolute must have a pig on your lap kind of loss. Okay?
But both of those would be done through the amendment process. That would be doing it the decent way, the fair way, and the Democratic way. But David, you are cute. When you think, you're cute. Tristan Schnell writes in, when American service members die oversees, their caskets are brought to Dover Air Force base to be displayed and mourned. No, they're not displayed. I don't know if you've noticed this. But we try not to display the dead. But when Americans die because of gun violence, their caskets should be brought to the steps of the Supreme Court. So the justices can see what they've done. Yeah.
Tristan, I like that. Why don't we take every baby that's been aborted, and put them in a bucket. I mean, we're going to need a big bucket. Because there's millions of those.
And let's dump them, on the front steps of the Supreme Court. So they can see what they've done. Wow!
I got to thank all the blue checkmarks. Because you've really turned me around.

Why the Fed’s ‘MATH PROBLEM’ may result in MORE inflation

Yes, it’s possible for our economy to suffer from extremely high inflation while certain goods, products, and services experience DEFLATION as well, Carol Roth — a financial expert and author of ‘The War On Small Business’ — tells Glenn. The Fed actually is TRYING to deflate the economy, Roth explains. But while they’re saying one thing, the Fed’s current policy shows the exact opposite. And that ‘math problem,’ Roth says, is what could cause our economy to experience even more, ‘prolonged’ inflation. It’s a ‘dire situation,’ and there seems to be ZERO leadership willing to fix it…

Transcript

Below is a rush transcript that may contain errors

GLENN: Is it not possible to have super high inflation, on some products. And super low deflation. Prices that are -- that are crazy.

Because they -- nobody is buying them, in other categories. Is that possible to have both of those?

CAROL: Yeah. I think that the best analogy for that would be kind of the '70s. And something that looks for stagflation. Where the economy stagnates. And it stagnates, like you said, because all the money has been sucked up in a couple of categories. And there really is a lot to go around in other places. There's not a lot of investments being made, and what not. But we still end up having high inflation. And we are certainly, a lot of people feel like we're in that sort of stagflation, you know, arena, right now. And it can continue on the trajectory. But you have to remember in terms of deflation. I mean, that's what the Federal Reserve is trying to do. They are actively trying to deflate, you know, not just the bubbles and assets, but they're trying to deflate spending, to cool off the economy. That's why they're shutting off their balance sheets. That's why they're raising their interest rates. It's meant to cool off demand. And that's the math problem that I keep talking about. They keep saying, oh, the consumer. And businesses are going to save us from a recession. But at the same time, the policy is meant to do the exact opposite. The policy is meant to make it, so that people aren't able to spend in the same way. So those two objectives are at odds with each other. And so I do think, that we could end up in this prolonged period, like you said, where the inflation hasn't quite gotten under control. Especially since we have so many supply demand imbalances in our economy. We have a labor imbalance. We have a food imbalance. We have an energy imbalance. And we have a commodity imbalance. And that's not going to it be solved by any monetary policy. That requires real action. And we don't have leadership, that's willing to lead or frankly do anything.

GLENN: So we have -- as I see it, we're looking at a situation. Again, I'm going back. And please, correct me where my thinking is off. But I'm going back to the Great Depression. So people were afraid. They held on to their money. They spent what they had to, and what they could afford. But nothing else.

That caused the labor market to shoot out of control. To -- to about 25 percent unemployment. Because the factories were closing down. Because no one was buying anything, from the factories. Which then, in turn, made FDR say, we're going to build the Hoover damn, to give people jobs. But it was all the government money, which would have just caused more inflation, if I'm not mistaken. Had it not been for the -- and I hate to say it this way. But the saving grace of the Second World War. Right? Were we in a death spiral? I mean, the war was definitely a different kind of reset. And I think a lot of the logic that you're talking about makes sense. If consumer sentiment is really important. And it becomes a self-fulfilling prophecy, if people don't feel confident, they don't go out and spend. They're worried about their inflation. And being able to feed their family. And get to work. They aren't going to spend -- I think there are a couple of things that we have that are different. And it's not necessarily better for the average American. So I just want to be clear. That I'm on your side, and I'm not saying that it's better.

But because of this huge supply and demand imbalance. We have two jobs available for every person looking. The likelihood is that that probably contracts to be, you know, a better match, than having massive unemployment just because of that scenario is going on. And we also have a whole slew of Americans, who are doing -- you know, have done very well. They have been the beneficiaries of this giant wealth transfer from Main Street to Wall Street. So I think we're going to have a lot of, you know, different outcomes. You know, that inadequately, that's been driven by government policy. And that's never a good thing. Because, you know, the social unrest that comes with it. And rightfully so. Because, you know, these policies have really put the middle class. The working class. And in some cases, the lower class, at risk, to the benefit of the people on the inside. And so the numbers on average, may not show how dire the situation is. And so they'll be able to spend. And say, oh, everything is great. And the consumer is doing well, when people are really struggling. And, you know, that's going to be when we continue to just be furious. And, you know, demand something be done about that.

GLENN: Carol, thank you so much for everything that you do.

She's just issued a new paper. A new piece for TheBlaze. What the heck is going on in bitcoin. And you can find that at TheBlaze.com. TheBlaze.com. What is going on with bitcoin, by Carol Roth. Thanks, Carol. God bless.