RADIO

Explained: THIS type of tax is a ploy to STEAL property

In Biden’s newly released 2023 budget request, the president proposed new taxes on not only the income of America’s top earners, but possibly on their 'unrealized gains' as well. So, what exactly ARE 'unrealized gains' taxes? Carol Roth, author of ‘The War on Small Business’ and a financial expert, joins Glenn to explain how this type of tax is an unlawful RUSE by the federal government to STEAL property: ‘It’s a total disaster, it’s unconstitutional, and we have to push back on it’ Roth says…

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth, I've got a lot to talk to you today. But I want to start with this 20 percent minimum income tax, on people that make over $100 million a year. Hi, Carol.

CARLY: Hi, Glenn. It's not even an income tax. It's a, quote, unquote, wealth tax. Which is an idea that is so bad, that nine countries in Europe abandoned it. I mean, imagine an economic policy being so bad, that Europe is like, yeah, you know what, we're out.

GLENN: So didn't -- didn't France try this recently? And it -- like, all of their wealthy people moved away.

CARLY: Yeah. The statistics were that between 2000 and 2012, 42,000 millionaires and -- had a mass exodus from France.

GLENN: Wow.

CARLY: So it basically drove all the people out. So, you know, if you have those means, capital is mobile. And you're not going to stick around when you have other options. And that was the catalyst for them being, another one of the countries that go, you know what, maybe this isn't such a great idea. And even though, it's still a long tail on it, they're still collecting a little bit of revenue that was grandfathered in, I would think around 2014, they said, were gone.

GLENN: Now, talk to me about -- so nobody has tried to move that number down. I'm concerned always, when they say, it's only going to hit these people. Taxes never do that in America.

CARLY: No. I mean, anything that is targeted at the billionaires, is really a ruse for them to get you to agree to it. Because, oh, well, why would I care for it to affect the billionaires? But, really, it's going to impact you. And that is the ruse. If you think about this is being tied to individual income, usually, if you're an upper tier individual income, you have very sophisticated tax work. You probably have trusts. You may have shell corporations. So I would imagine, there's probably going to be some loopholes. Well, it's not really individual income. It's a family trust. Or some way around it. But now you've agreed to it. Well, we've put it in on this. But we're going to move it down. We're going to move it down. You have to remember the Biden administration wants to hire 87,000 new IRS agents. I mean, that's not for going after the billionaires. That's for coming after you.

GLENN: So they not only want to do that. They got the funding, to do that in this -- in this last bill. So the really dangerous thing, that is in this wealth tax. Is a tax on unrealized gains. This is insanity. Absolute insanity. Can you explain it?

CARLY: Yeah. So unrealized gains, I would say, is not really a thing. We shouldn't normalize it. It's really a ruse to have unlawful seizure of personal property. So let's say, you buy a house, and you bought it for $100,000. And then in your neighborhood, another house sales for $200,000. They're going to say, well, you know, you -- all the houses in this neighborhood are -- they're worth about the same. So you have an unrealized gain of $100,000. We're going to tax you on that. So what do you do? You have to sell your house to pay the taxes. So take that analogy, then, and move it to the stock market. Most of these individuals, who are wealthy, are -- are still on papers. Because they own big pieces of companies, which the market has valued it at higher and higher levels. So on paper, their ownership looks big. But if all of a sudden, they have to now sell stakes in their company, that upends the entire market system. It basically nationalizes or socializes companies. It affects all of us, through pensions and 401(k), because of supply and demand in the market. If you have these big people, who are selling massive shares of their company. It will drive the prices down for everybody. It's an utter, total disaster. It's unconstitutional. And it's one of those things we have to push back on. Because like you said, if just say, it's just for the Elon Musk and Jeff Bezos' of the world. You're accepting a breach in principle, and then the game is over.

GLENN: And it won't be.

I mean, this is the way -- The Great Reset says, by 2030, now, think of this. You have to get people out of ownership in what is it -- eight years. Eight years. Two elections. You have to get people to own nothing. This is a way to do it. If you have unrealized taxes, on up realized income, meaning your house. Think about how often your house is worth today, if you wanted to sell it. Knowing that tomorrow, it could go down. And you lose money, if you didn't sell it. You just don't know where the top and the bottom is, of a market. But if you have to sell your house to be able to pay the taxes, for income that you didn't have. It was all on paper. You don't own houses. You put a lot of people out of their house.

CARLY: Yeah. It's all based on theory. Unfortunately, we already have something close to that in property taxes. This would just double and triple up on it.

GLENN: Yes.

CARLY: But, you know, it's anything that you know. Maybe your grandparent gave you an heirloom, a painting that's now worth a bunch of money. Like, what are you supposed to do? Oh, it's who there a million dollars, now I have to sell this family heirloom, so I can pay taxes for, what? I mean, this is the most un-American concept that you can possibly --

GLENN: This is what caused Robin Hood. I mean, this is the kind of thing, that was going on, in the adventures of Robin Hood. That's what the sheriff was doing.

They were doing unreasonable taxes. And then giving it to the state. Giving it to the king. And all of the people, that were in with the king.
I mean, we are starting to live in Nottingham.

GLENN: And the crazy thing, when someone talks about is this unrealized gain or this theoretical gain in value, they never talk about the unrealized losses.

GLENN: Right.

CARLY: Talk about, you know, something is going down. Are you going to give back to me? Of course not. It never looks like that. Nobody ever wants to socialize the losses. They only want to participate in the gains. It's a one-way street. This is what happened, by the way, in Venezuela. They used this kind of populist language. And said, oh. These elites. They own everything. Let us take it over. Let us take over business. And you're all going to share in it. And obviously they went to the fifth biggest economy in the world, decades ago. To the state they're in today. This is the way in. And it is so dangerous, I cannot even -- even make it emphatic enough.

GLENN: It is truly amazing, that the president is suggesting this, and putting this in. And this is something that the Democrats would have been against, you know, ten years ago. It shows how far left this president and this administration has gone. And the tells me have gone.

CARLY: Absolutely. And even somebody like Janet Yellen, who has been a disaster at the Fed, and now at the Treasury. When this idea first circled around, she was going out and saying how great it was, trying to populate it. And it got a lot of pushback. And it kind of died for a little while. And now, you know, polls are down. So here it is again. Maybe we can distract everybody from all the other economic disasters. And inflation and high gas prices. By saying, we're going to go after the greedy billionaires. And hopefully, again, we'll get that same kind of pushback. And say, it's unreasonable. It's unconstitutional. And it just cannot happen.

GLENN: So let me switch topics. You wrote a great article. I think it came out last week. ESG advocates are killing the American dream.

Can you just go -- in the middle of it, you talk about a 60 Minute piece, where they're talking about -- or talking to the CEO of Tricon Residential. And this is happening everywhere. And nobody is really paying attention to it. And it is so dangerous.

CARLY: This is so infuriating, because the global elites who are pushing ESG, saying, we're doing this for the good of society. And that S, that social piece, we want to make that good for everybody. So these same banks and these financial institutions that have bought into the idea, that they will make decisions good for society. Are now funding companies that are competing for you, to buy houses. But we are underfunded -- or, excuse me, we are underbuilt in this country, by about four to 5 million houses, depending on who you ask. So there's already a supply/demand imbalance. But now you have these big financial institutions backing these folks, like the ones that are quoted in the 60-minute piece I interviewed there, as well as others that are publicly traded that are going in and buying 30,000, 40,000, 80,000. I saw one of them. Residential homes. And they're going in, with all cash offers. They're offering waving inspections. Sometimes they're not even looking at the houses. And so from a buyer's perspective. You know, we know it's going to close. It's all cash. We don't have to go through any brain damage. And they're just selling these houses to these corporations, who are then renting it back to people who now can no longer afford a house. Have been priced out of the house. And this goes back to that whole Great Reset playbook, of you will own nothing. And you will be happy. Except, we know you won't be happy because owning a home is part of that wealth creation. And part of that American dream.

GLENN: So, Carol, when do people -- what is the tripwire, that wakes people up? The average person. Because the average person still is saying, this kind of stuff can't happen. You know, it's -- it's Germany in the 1930s. Okay. Yes. But it's not going to get any worse than this. And if you keep moving the line. To, it can't get worse than this. Look how far we have come in ten years. When -- where is the pain point, for the American people?

CARLY: That's an excellent question. I know you spent a lot of time on social media, Glenn. Have you ever seen the distracted boyfriend meme, where you have the guy who is looking at a girl, and his girlfriend is kind of like looking what's going on. And it's very much, everybody is looking at stuff that isn't important.

GLENN: Yes.

CARLY: And the stuff that is really important, you're looking and going, why aren't you paying attention to me? And there's just so much nonsense out there, that people are highly focused on. That I think you do such an incredible service, to the average American, by bringing up these issues they nobody is talking about.

You know, usually, when the tripwire happens, is after it's too late. You know, after it's affected so many people, that you hit that tipping point. That you're at the point of no return. And they're like, oh, gosh. I guess we should have paid attention to this earlier. And, you know, that -- that is the unfortunate thing. It's why it's so important to have these conversations. And for individuals, to help spread the word. I mean, this has to be a movement. You have to be out talking to your friends. And to your family. And to your neighbors about these things. Because it's really getting out of control.

GLENN: Well, I can't thank you enough, for your stories that you're now writing on TheBlaze. The latest is ESG advocates are killing the American dream. You can find it on TheBlaze.com. You got a letter in, that I want to read.

GLENN: Carol, before I get into this commercial, did you see -- is this true, that the fed came out and said the next four increases on interest rates, will be 50 basis points each? A rise of -- of 2 percent?

CARLY: I certainly saw that they were entertaining it as a possibility. I don't think that it was 100 percent set in stone. But they were -- are more open to that, which basically says, uh-oh, we are really behind the curve. And we need to play catch-up. And as we've talked about, has implications.

GLENN: Yeah. Because that is -- that is -- how much is the increase for each point, just for our federal budget?

CARLY: So basically, it is tied into pushes up the ten-year yield. It's a ten-year yield, already trading up. It was at like two and a half percent, for at least a day last week. And that affects when the government issues bonds. You know, how much it has to give in terms of interest. So when they do that. When they do that financing -- and so this isn't on the current financing, which is already done. But on future financing, every 1 percent is $300 billion in additional taxes. So it's not something that will happen immediately.

But, again, if you go back to that CBO Projection, that this was going to happen, you know, by 2032. It was going to be another 300 billion, they were expecting the ten-year yield to be at 2.1 percent by 2025, and we're already at 2.5 percent.

GLENN: So you got an email in, if I can read it here from an employee. He says, this is -- this is not my employer's opinion. This is mine. My current company, WTW has probably about 40 percent of the market in private pension consulting, with two or three others making up another 50 percent. WTW and other consulting officials cover essentially every employer of any size. We are all full goal pushing ESG. The new CEO at WTW has made ESG his number one priority, wanting to incorporate it into, quote, everything we do. WTW is some sort of WEF partner. I have raised many, many controversial subjects around ESG at local and regional office levels, with some people privately expressing concerns.

The company is located mostly deep, deep blue areas, so it's not surprising. Most just seem to glaze over the controversies. I've also reached out to the attorney general's office, after seeing him on Glenn's program. Discussing this as anti-trust. From a pension 401(k) perspective, Biden issued an executive order on ESG. Which has been prompted the Department of Labor to issue supposed -- or proposed regulations on clearing the way for retirement plan fiduciaries, using ESG strategies in their pension retirement assets. For 45 years, the law governing private retirement benefits has held plan assets, be invested for the sole benefit of the participants, which one would expect.

So is he saying now that -- that these funds can invest in things knowing that it's not the best return?

CARLY: Yeah. It's very interesting. The financial area has been the one, where having a fiduciary duty has been the most important. So whether you are a public company director, or if you're somebody who is managing pension funds. You have what is called a fiduciary responsibility. Things that are in the best interest of the shareholder. What your listener has told us here, is that there are these pension consulting firms, that are whispering and saying, we should be pushing ESG. And, you know, not by law. Just by executive order. Biden has opened the door to say, yeah. It's okay for you to get around this fiduciary duty, and to push ESG, which is not in your best interest.

GLENN: Oh, my gosh.

CARLY: And he actually came up with some things that you should be doing. That I think are really, really important.

GLENN: Okay. Hang on. I've got 30 seconds. I don't want to cut you off on this. This is really important, if you have a pension fund. This is ESG, going into your pension fund. It may not be the right thing for you, financially. But now, the government has opened the way, to say, don't worry about those investors. Don't worry about it. You'll do the right thing for the environment or social justice, we've got you covered. When you're living with aches and pains, especially if you're in frequent pain all the time. It is easy to let that define your life. And it becomes who you are. Your pain. If you've tried everything, that you can think of to combat that pain, you've gone to doctors and everything else. And you still don't get any relief. Trust me, I have been there. And I've also experienced something I've never thought -- I really thought, this is the rest of my life. And I hated that. Because it completely limited me. Because of the pain that I was in. Then I started the three-week Quick Start from Relief Factor. I only did it -- they've been an advertiser for years. And asked me to endorse. And I said no. Because I really didn't think it would work. And then my wife said to me, in one of my bad pain months. You know what, try. Try it. I'm not going to listen to you bellyache, unless you try it. And three weeks later, I couldn't believe it. But I have to admit it worked for me. And it still works every day. ReliefFactor.com. ReliefFactor.com. You can call 1-800-4-Relief. Get their three-week trial pack. ReliefFactor.com.

STU: The Great Reset. Joe Biden and the rise of 21st century fascism is available now, in bookstores or at GlennsNewBook.com.
(OUT AT 9:28AM)

GLENN: This is the Glenn Beck Program. Talking about several things. The 20 percent wealth tax. And the unrealized tax, which I have a quick question for you, Carol. And then we will go back to ESG. But I remember reading a story, maybe 15 years ago. And it was a member of the progressive black caucus, that had introduced a bill. I read about it in the Wall Street Journal. It was a little, teeny story, about how you could no longer take your wealth out of the United States, without like a significant penalty. And I thought, boy, what do they know that I don't know, on what's coming? You know what I mean? Why are they protecting the -- the Treasury? We've never been protective of wealth. Take it. Go. There will be other people. Make it. Can you take your -- if you were one of these billionaires, can you just leave the country?

CARLY: I certainly believe so. You know, I'm not a tax expert. I would imagine, there are certain things that you have to do, depending on where you are domiciled. But if you moved where you live. And, you know, whether you give up citizenship or not, you're not living in the US. You're not earning your money in the US. I would imagine that there's a way to do that. And I know that's why we say that capital is mobile.

GLENN: Yeah.

KAMALA: And that's what happened, by the way, in Europe. That's why we saw all of these celebrities and multi-millionaires, who decided that they were just going to go. And, by the way, if you were out of the country. Even if the U.S. says, we, quote, unquote, can't do that. I mean, if you're gone, you're gone. Right?

GLENN: Yeah. Okay. So let's go back to this money manager, who works for a big company? You're familiar with WTW?

CARLY: Yeah. So, basically, we've kept the gentleman's name confidential on purpose, because he's doing a great job trying to work on this from the inside. Yeah. Blow the whistle on this. And so basically he's working for a firm that does consulting for pension -- like, basically private pension funds. So if your company has a 401(k), they're going to have a consultant -- and this company, he works for, by the way, owns like 40 percent of the market there. One of the like two big ones. So everybody has heard of them before.

GLENN: Wow.

CARLY: And this is a really incredible point, that through this executive order from Biden, they're trying to get around the fiduciary duty, that plans have to the people who are invested. Which is insane. They should be doing things for your benefit, not from some central planner's benefit.

GLENN: Okay. So here's the difference. This is the difference between stakeholder capitalism. And shareholder capitalism. They sound alike. But they're completely different. Shareholder means, I take my money. I buy shares. And I expect a return, or I could get a loss. But I pay for it. And it is -- it's my risk, and my benefit. By eliminating stake -- or shareholders, as your capitalist term, and replacing it with stakeholders. You're only one of many at the table. And the others don't have necessarily profit as their first desire.

So you're just one quiet mouse at the table, with very, very little power. Do I have that right?

CARLY: So I would argue that the phrase stakeholder, is complete and utter BS. It's trouble speak.

GLENN: Yes. Yes. Yes, it is.

CARLY: Because the reality is, that as a shareholder, you are a stakeholder. Other stakeholders are your customers. Other stakeholders are your employees. And all of those things in a market system, align very well. If you're a company, that doesn't treat its employees very well. If you're a company that, you know, doesn't treat its customers well, that ends up getting reflected in your revenue, which, by the way, drops down to the profits, and then the real stakeholders. The shareholders get bad, and say, you're not treating these other people correctly. I'm not getting a return, and something needs to change.

So all of those are very much aligned. What they're trying to call stakeholders aren't stakeholders. They're people who think they're morally superior. They're outside the scope of the company. They're central planners who are trying to impose their will on every company that is out there. They have no stake in this whatsoever. They're not putting up money. They're not part of this. They just want their plan. So they've come up with this really cute and clever name, that we're stakeholders. By the way, no, you're not.

GLENN: I love that. So this is where like Larry Fink, from BlackRock. Really, horrible, horrible guy. And he is -- he's not investing necessarily, his money. He's controlling all of the money from the people who have invested. And they're expecting a profit. So this guy says, there are things that you have to do, if you have money in a 401(k). And what are they, Carol?

CARLY: Well, before that, let's talk about the huge moral hazard here. You've got a couple of different huge entities. BlackRock, Vanguard, and State Street. Which are the top shareholder, pretty much every public company, because of their size and scale. They have $10 trillion in asset under management, just in BlackRock. So for them to be able to vote on behalf of everybody's money, in the way that they think is fit. I mean, they're supposed to be fiduciaries, and somebody should be raising a flag here, and maybe testing them legally. Are you really doing things in the best interest of the shareholders? Or are you pushing your agenda? Which goes back to the part that you asked of this gentleman. In terms of your pension funds. He says, you can talk to an ERISA attorney to see if maybe there is a case for a breach of fiduciary duty.

GLENN: Wait. Wait. How do you find -- I've never even heard of an ERISA attorney. How do you find an ERISA attorney?

CARLY: My favorite way to do anything is by internet search or asking around to people, as you know.

GLENN: And that's E-R-I-S-A?

CARLY: I-S-A. Yeah. So basically ERISA is the broad set of laws that oversee pension fund management. So if you have a pension fund or a 401(k), and they're pushing ESG, you should be talking to an attorney. You can also talk to your state legislators about that. So laws, that say, you know, what your breaching fiduciary duties -- and maybe even suggesting something around a law requiring employers, who use retirement funds, to not only disclose it, but to look into whether that's even legal. And then use your voice. Contact your employer and your benefits administrator. And tell them that you are concerned that this push for ESG, is not in your best interest. And if you can get a bunch of people to do that, and make noise. This is where you can really make a difference. And help to stop that nonsense.

GLENN: And this is really important, because, again, these companies that are being tagged, are not necessarily the most successful companies. They're not necessarily the ones that you would bet on. In fact, quite the opposite. Because these are new upcoming companies. And everybody is investing in them for ESG standards.

However, that doesn't mean, they're turning the big profit yet. That's a future bet. Well, if I'm a retiree. I want my money to go in where I'm going to get the best return. That's not necessarily what an ESG plan is doing.

CARLY: Well, it can't. Right? If by definition, over time, that if your company is pursuing standards, other than doing what's in the best interest of the company and its actual shareholders and stakeholders, just by it's straight-up logic. If they do that, you're not get the best returns. And, by the way, it is going to shape what happens in the economy overall. We're seeing it right now. Part of the reason, why your gas prices are so high. Part of the reason, why we're having, you know, these issues, is because ESG is funneling capital to the projects they want, and keeping capital from things like oil and gas. This is by dictate, by mandate. And so it's not letting the consumers and the choices of millions of people shape the decisions. It's a handful of people, who are saying, this is how we want the economy to look. And we know, that is not capitalism.

GLENN: It is phenomenal, that more people aren't paying attention to it. Carol, thank you so much. Appreciate it.

CARLY: Thank you. And, by the way, read your book The Great Reset to find out more about this ESG play -- play. Because it's so important, people have to understand the underpinnings. Just a little plug over there!

GLENN: Well, thank you very much. We don't pay you to be on this show. But perhaps we should, that was very good. Thank you very much. Appreciate it, Carol.

CARLY: That's a good one.

GLENN: Carol Roth. By the way, she's right though. The book will explain all of this. And it is going to cost you in your pension. And you need to find out. The California -- what is it? Calipers? That's all ESG. Now, all of it is ESG. And if they're doing it, I can guarantee, your state benefits. That's why Idaho. You should have passed a law, that said, you can't invest in anything, that is working with the E, S, or G. Because ESG will hurt these investments, while hurting our own states. So ask your company. And if -- if you want to really get serious about it, find an ERISA. ERISA. An ERISA attorney, and ask them. Do I have a case for breach of fiduciary duty, with the respect on my 401(k) or my pension?

Are they doing the right thing for me? Or are they doing the right thing for them?

Congress Fights Over EYELASHES While Our Economy is in Shambles?!
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Congress Fights Over EYELASHES While Our Economy is in Shambles?!

A House of Representatives committee hearing delved into chaos after Rep. Marjorie Taylor Greene mocked Rep. Jasmine Crockett's "fake eyelashes." And it didn't take long for Rep. Alexandria Ocasio-Cortez to join in. When Glenn first saw the footage, he immediately thought, we've seen this kind of dysfunction before. Was this a weird 2024 version of the 1856 caning of Charles Sumner, which was a prelude to the Civil War? Or, at the very least, is this a sign of Congress' real priorities? While the country is facing a massive wave of inflation, Congress is arguing over ... eyelashes?!

The REAL REASON Harrison Butker’s Catholic College Speech Caused Leftist OUTRAGE
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The REAL REASON Harrison Butker’s Catholic College Speech Caused Leftist OUTRAGE

Kansas City Chiefs kicker Harrison Butker's commencement address at Benedictine College has infuriated the Left. But while many a TikToker is complaining about his statements about Biden and abortion or women, motherhood, and Taylor Swift, Glenn reveals how their freak-out reveals their true intentions: “They say you have freedom of religion, you just keep it in your church. He’s speaking IN HIS CHURCH!” Butker's speech shouldn't be controversial, Glenn says, especially for Catholics. But yet, here we are... Glenn applauds Butker for having the courage to stand for his faith and speak the truth, no matter the cost.

EVIDENCE That YouTube is "SILENCING" Glenn's Channel Ahead of the 2024 Election
RADIO

EVIDENCE That YouTube is "SILENCING" Glenn's Channel Ahead of the 2024 Election

Is YouTube throttling Glenn's channel ahead of the 2024 election? Glenn and his team have reason to believe so. Glenn reviews the latest data, which reveals a disturbing trend that, if it continues, would all but destroy Glenn's channel by the election. "We are being silenced," Glenn says, "and it's not just us. It is EVERYBODY who has a different opinion from this administration." But Glenn also reveals what you can do to push back.

Transcript

Below is a rush transcript that may contain errors

GLENN: Hello, America. I want to talk to you a little bit about the coming election, and the kind of information you're going to be able to access. Things are changing. And they're changing rapidly. And you will never notice it, because that's the way things are done now.

But there is a massive campaign on, that I believe our government is absolutely involved in.

But not only the government, social media.

My social media page, just on YouTube. I don't know. 1.62000000 people, I don't remember what it is.

Followers. And to show you what's going on. Just, I think three months ago, I got 95 million impressions every month. 65 million views.

Something like that. That was three months ago. Now we have about 60 million impressions and 12 million views.

This month, we are trending to be half of that again. There is nothing that we've done differently. Now, unless America is just bored to snot with me. Which I completely accept.

That is a real possibility.

We are being silenced. And it's not just us.

It is everybody who has a different opinion from this administration.

And we are being silenced and squelched. By the time we get to the end of the summer. Which is where the campaigns are going to be heating up.

You're not. If you were a subscriber of mine on YouTube.

You're never going to see me. You will have to search me out, to find any of my clips.

This is, again, electioneering.

This is nothing more than part of a -- what I believe to be an effort, to steal an election.

And it is gravely disturbing.

This is the time I built TheBlaze for. Back in 2010.

I was sitting in the office. And I remember talking to Stu and Pat and saying, we have to get out of here. This place will burn itself to the ground.

And we all knew that. We all knew the media would burn itself to the ground.

Wouldn't you agree? We all looked at it, at the time.

But when I said, we have to go online.

That was stupid. That was stupid. Nobody was doing it, at the time. I mean, there were people, Adam Curry was doing things.

But there was nobody that was really a success at it, at that point.

And nobody was doing a live network. It was only Major League Baseball.

And I took all of the -- you know, I took all of my children's college funds. And everything else that I had made. And I dumped it into TheBlaze.

And I nearly lost it all. Because we were way, way ahead.

But luckily, we had some very dedicated people.

I meet them all the time.

I've been a member since the very first day of TheBlaze. And I can't tell you how much I appreciate that. We have grown a great deal.

But we don't have the social media pushout.

They are they're doing this to TheBlaze. They're doing this to The Daily Wire.

They're doing this to everybody. So you will see less and less from us, and our opinions.

And it's really a very dangerous thing. Because we are now entering a very dangerous time.

I'm going to be real honest we, too.

I see a time, that I'm not going to be able to talk to you about what's really going on.

If you don't know by then, I probably won't know.

But we're going to have to stay in contact, some way or another. So I have been working on several programs, that we are going to try. And tonight, is -- is a program, based on history.

It's a pilot. And I want you to watch it. And see if it is something, that you would -- you would watch. Again, it's a pilot. It will change a bit.

This one is tonight. All on history.

And we have this amazing. We probably have -- gosh, I don't even know. Eighty. 90 million dollars' worth of documents. And everything else. In a vault.

And we will start telling those stories, if this is something that you would like. And this is kind of a backup show. So we can stay in touch. And I'm not talking politics. I'm just telling you the truth of history.

And tonight is -- is the first one, it's based around one of the most stressful auctions of my life. There was one artifact, and there was just one. And it was so important. It changed the world.

And I talked to my wife about it. And she said, are you out of your mind?

And I said, well, but there's only one. And look how important it is. Change the world, et cetera.

So she gave me a budget. And she was like, there's no way I will win this thing.

It was a test model version. They made four. Sputniks. The last one they made, burned up in space.

But this was the Sputnik, we believe this was the one that was testing the tones, that went out.

It now hangs from the roof, a copy of it, hangs from the roof of my office. The other one is in the vault.

But I couldn't believe that we won. And I was on cloud nine, knowing that our museum now had something that nobody else had, except the air and space museum in Moscow, and the air and space museum in Washington, DC.

And it is what caused the space race, it was the first satellite. It was the first thing that went up. All of our telecommunications now come from that.

Then, in fact, let me play this a little bit of a clip of tonight's show. Do you have that clip, where --

I collected so many artifacts over the years that we're now able to open an entire museum. So when I heard that that was coming up for sale. One of the Soviet Union Sputnik satellites that is responsible for everything in space, it was coming to auction.

I had to win it.

VOICE: 40,000. Forty. 150. 160,000. Three. We'll go a little higher. Can you get into three? 300 now. 320? Thee hundred 20 thousands? Anybody else beyond that? 300,000.

You are -- my friends. $300,000.
(applauding)

GLENN: I won, Sputnik was ours.

But then I got a call into a meeting with historians at our museum. They didn't want to tell me any specifics about the meeting beforehand, which is never a good sign.

This thing is such an amazing -- what was -- what was Epstein's assistant's name?

STU: Ghislaine Maxwell?

GLENN: Okay. Do you remember the movie Tetris?

STU: Yes.

GLENN: The big guy from England in that is Maxwell. Okay. Her dad. But her brother is also in that movie, and he was the -- you know, the loser that was trying to go, you know, get Tetris for his father.

Well, he's actually involved in this story. And I don't know if this made the final cut. He plays a very small role. But he was involved. We weren't sure if this was even real.

And we couldn't -- we couldn't tell. We had a tip-off. Because we looked at the other Sputniks. And they were slightly different.

And the difference was -- was something that you would never. If you're going to fake one. You would never fake it like that.

Because it became obvious.

But there were some things that just kept falling apart, on us.

Did I buy a fake Sputnik?

Tonight, you'll find out, is it a fake Sputnik, or not?

And you'll learn all about Sputnik and the space race, we take you back to what this really meant.

It's great for the whole family.

It happens tonight.

This is a -- this is a -- just a pilot that we did.

I don't even know. About a year or so ago. And we've been holding it. We want to take you through the entire museum.

And teach you history, through the objects in the museum.

So watch it tonight with your family. Let us know what you think. And you can watch my special tonight on BlazeTV.com. It's 9:00 p.m. Eastern.

If you haven't subscribed yet to TheBlaze TV, and you try to watch my show on YouTube, we've noticed -- we don't know if it's the algorithm or what. But nobody is now watching at 9:30. So we're testing something else.

We will post it there tomorrow, at an earlier time, 6:00 p.m. Eastern. To see if it's being silenced. Or you're just not watching anymore. We don't know what's going on with our YouTube channel.

We suspect. But we don't know.

So tomorrow, at 6:00 p.m. on YouTube. But tonight, the premiere on Blaze TV.com.

STU: Now, for from a work flow perspective, was there any consideration given to the idea of maybe meeting with the historians before you spend $300,000 on the item?

GLENN: We did.

STU: Okay.

GLENN: And we do that.

We check everything out.

But there was one thing that we just -- we must notice.

And it was -- I mean, this journey is crazy. We -- we have the -- one of the head guys of NASA. We have probably the biggest space artifact guy. I think we flew him in from California or Washington.

He came in. They disagreed at first. I mean, wait until you see the ending.

I mean, it's -- it's an amazing ride.

PAT: Did you save your receipts? That's what I wanted -- I mean, did you take it back up to the counter, and say, yeah. This Sputnik, it didn't work out for me. You want to have your receipt in hand. So I hope you did.

STU: Or at least the credit card I bought it on.

GLENN: Hey, Amex, somebody put a Sputnik on my card.

PAT: It wasn't me. Why would I buy a Sputnik. It doesn't even fly anymore.

STU: So is this something that you're thinking about long-term, doing more of these types of things. Because we have so much great stuff over at the museum. At least, my understanding is we know all the rest of the stuff is real. But, I mean, it seems like you do a lot of this stuff.

GLENN: Yeah. We actually. We're going through. Because of Sputnik, we're going through absolutely everything. And we found a couple of things that were questionable. We haven't found any fakes. We found some things that the story is not quite right on.

We've got three people, that's all they do. And they're going through the entire museum.

And the documentation now on all of our artifacts is amazing.

And we're learning so many -- just incredible stories. That include people that you would just never think. You know, I've said this before. I honestly don't think we would have won World War II, if it wasn't for Ian Fleming, the guy who wrote James Bond. We have three specific artifacts from him. That tell a story, that is -- that nobody knows.

And he's -- it's just incredible. Some people might know Operation Mincemeat. But they don't know how he affected the war all the way along. He played a quiet role, and nobody knew it, at the time. But we have a lot of stuff that we're excited to show you. So this is a show that we will -- we will take you through all of the -- I mean, if you watch it and you like it. We'll take it through all the museum. And teach history through the artifacts, that -- that are or are not real

Why New Google & ChatGPT AI Updates Are CONCERNING
RADIO

Why New Google & ChatGPT AI Updates Are CONCERNING

We are living in the future and don't even realize it. From the robots now making deliveries on the streets of Los Angeles to the newest update to ChatGPT, A.I. technology is advancing fast. Glenn, Pat, and Stu review the latest A.I. advancements, including the newest features that Google has added to Google Search. But by prioritizing A.I. responses over usual search results, Glenn warns that Google is entering uncharted territory. Will features like this make swaying public opinion that much easier?

Transcript

Below is a rush transcript that may contain errors

GLENN: Stu, you were talking, before we went on the air. You were on Los Angeles last weekend.

STU: Yeah. And noticed something interesting while I was out there.

Most of the city is on fire -- did you guys notice?

No. It was in an area. A nicer area of Los Angeles. Los Angeles is such a bizarre city, because you're just on these like surface streets for hours. And the city is so large and so impossible to get around, that it's -- it's like, I don't know how it's a functioning economy.

And I know that obviously Gavin Newsom is doing everything he can to make sure it isn't a functioning economy.

One thing I noticed. This is notable. These things happened, and we go on and don't address them.

There seemingly are autonomous robots delivering things all over the city.

Are people aware of this. Do I just not go to Los Angeles enough?

GLENN: What do you mean?

STU: Like, there are robots.

Robot vehicles that look like you could have put them in a Star Wars, not CP3O. But one of the droids that just make the R2-D2 voices, that don't have much personality. They're just little carts with wheels that you see floating, going around in Star Wars. They're just driving around the city by themselves, crossing traffic and delivering things to people. Like it's normal.

PAT: Really? I didn't know that. Really?

STU: I swear, I got the video. I should get the video for you to see.

PAT: You need to send that in.

STU: It's bizarre. And I had no idea it was going on. At one point I was standing next to them. And it said, don't walk. It had a name on the side, it was Jules, was its name.

And it just crossed the street. It didn't know it was a no-walk zone. And it just crosses the street. And it goes exactly where it's supposed to. It goes up a little ramp where you would normally take a wheelchair, and then it just bolts down the sidewalk by itself. Going to a delivery. And like, these things are now happening at such a rate, that it doesn't even seem to be noticed.

GLENN: I hate to besmirch the good people of Philadelphia. But I think that it was in Philadelphia. Because they've been introduced in a few cities. And one of the cities, they're just beating the crap out of them and stealing the stuff.

STU: Yes. I did think, I couldn't believe this thing lasted in Los Angeles for more than five minutes without getting stolen.

GLENN: Yeah.

STU: I mean, I guess it probably certainly has GPS devices on it. And antitheft devices. But still, so do cars. And those get taken all the time in LA with people in them. So I don't know how they're surviving. I thought they're incredible.

And it's not the only thing going on. We also had a major announcement from the ChatGPT people.

And they announced a new version of this of ChatGPT. Again, I guess we're used to this. It's been a year. And all of a sudden, we're now used to the fact that some stupid app can write haikus for you on demand or whatever we think this thing does.

GLENN: I know there's such a demand for haikus.

STU: Huge haiku demand. I will say, we used to do a bit, where we used to have a character that wrote haikus. And, God, I wish it was around back in the day. Remember Brittany and her haikus?

GLENN: Oh, that's right. Brittany.

STU: I always had to write these stupid haikus, it was the bane of my existence. Now ChatGPT can get it done in second. But the new version of it is a full-out female personality that you have a conversation with. It's out right now.

It's not a future. Twenty years, you can have this.

It's out right now. And it's to the point, where you can have it do all this -- you can have it write a haiku. But you can also, hey, actually can you put more emphasis on this. Can you put more drama in your voice?

And she would change the voice for a bedtime story for a kid and put more drama in it. And had this. You can cut it off. You can go back and forth, like real conversation.

And then it even has the -- the feature where if you write a math equation, you write it on a piece of paper. You can say, you know, ChatGPT. Check out this. I don't understand how to solve this.

Walk me through it. But don't necessarily give me the answer. Teach me how to do it. Then you hold the camera up to the piece of paper. It sees your writing. Recognizes what the actual equation is. Then turns itself into a teacher. And walks you through how to learn how to solve.

PAT: Oh, wow. That's incredible.

STU: The equation. It's incredible.

PAT: Wow.

STU: And it's available, today. Like right now, today. What does ChatGPT cost for the advanced model? I think it's $20 a month or something.

I think the other one is free. I don't know how much this comes with the free and the advanced. But this is all there right now.

And to the point, I'm watching this. I'm thinking, this is -- this is like, our kids are going to have conversations with these things and think it's totally normal.

GLENN: Do me a favor. Talk to the engineering department.

And get ChatGPT. Pay for the 20 bucks. The upgrade. Whatever. Have it wired into the board.

So people can hear it. Or however it will be able to speak. So people can hear it. Let's use it for a couple of days. And show. Because if you've noticed ChatGPT, if you've ever used it before.

ChatGPT. Because I check in on it every once in a while. And say, hey, tell me about this thing in history. And it's changed since it started.

And I don't mean in skill. I mean in story. It is no longer -- it's got all DEI stuff in it, like crazy now.

STU: There's lots of disclaimers built in it. And there are ways, I guess to kind of get around those. If you ask it a question. It will give you a million disclaimers most of the time. It gets so clunky so fast.

GLENN: No. No. No.

I mean, tell me the story, of, you know, the freeing of, you know -- freedom in America. And it will -- and it will automatically start talking about equity and how important equity is.

And it's -- it's riddled with all of this crap now.

And if you're going -- if it becomes part of your life. Our kids are not going to know the difference.

And who do you talk to?

You don't go to the school board and say, hey. My ChatGPT. Who do you talk to?

STU: It's true. To add one more layer on this, Glenn. Google, as soon as ChatGPT came out with this. Google has obviously, I think it's Gemini, which is competing against ChatGPT. So they had their big announcement over at ChatGPT, and Google comes out the next day. And basically, when we're looking for information. You're preparing the show in the morning, Pat.

Like, you want to find out some fact from history. Some fact from a bill. What do you do? You Google it.

Everyone would do the exact same thing. They would Google it. Google just this week, decided to change that completely.

To the fact that now, when you Google something. Instead of prioritizing search results. Which is their entire multi-billion dollar business. They're one of the biggest companies on earth. They now prioritize AI answers through its Gemini.

So like, now instead of getting the normal links that you can get. You can get those if you click down.

You can get to them eventually. What is prioritized now is just their large language model, going through all the results. And giving you their summary of what they want you to read.

GLENN: Wait a minute. Wait a minute. Wait a minute.

I could Google something right now, and that will happen.

STU: I don't know if you're updated. It is -- there are -- you'll see --

GLENN: I avoid updates. I don't know if I've updated since 1997.

STU: They're also I think rolling this out for certain things.

It's not every search right now. But they started this process. And you search for certain things.

I've seen it pop up before. And it's like the first thing. Which is a summary of Google's Gemini of all the information they think you should know about this.

Of course, the problem of this, that I'm concerned. They can obviously lead you in a direction.

They've been doing this for years. But it has to be more direct. Of course, it will also be better in so many ways.

Because you will see basically what you want to see. Which is a summary of what is in those links.

Of course, I can click on those links.

And we've all become experts of what is on Google. But if it's presented to you, 95 percent of people are just going to take what that result is. And what happens when it's -- you know, who is Glenn Beck?

Oh, he's a racist. A homophobe. Phobe phobe. Whatever their answer is going to be. It's not going to be one that Glenn Beck likes or thinks is fair.

GLENN: Wait.

And, again, the problem is: Everybody -- look, I've been saying this for years.

How do you argue with something that is recognized as smarter than all humans on earth.


How do you argue with it? You can't. And especially when I -- you're able to talk to it, and reason with it. It wins.

If it's telling you that something is racist, something is whatever. You're going to get to a point to where, you can say, wait a minute. Guys, this is really wrong.

And I mean in really important situations. Guys, this is wrong. Really? Are you smarter than Gemini? Are you smarter than ChatGPT? You're smarter than AI?

No. I just think. People will lose. They will lose every time.

You know, I wanted to say this yesterday, when we were talking about the sunspots. I am convinced that -- and this is a horrible, horrible situation.

But I am convinced that a massive solar flare. May actually in the end.

Be God freeing us from the electronic overseer. Because what's going to stop it?

You won't be able to stop it. We're five years away from true slavery, and it won't look like slavery to most people.

They'll think, well, we just got all the information.

GLENN: You won't be able to do things. You won't be able to access and think for yourself. Because AI will solve everything.

And it's all in the programming. It's all being written right now, at the worst time of lies and deceit and distortion.

It's all being programmed. That's its base right now.

STU: Yeah. And if you think about -- because it seems like that's the type of thing an American population would not accept. But look at what happened with the, quote, unquote, experts through COVID and so many other things.

I mean, we see it with the gender stuff all the time. Everybody knows a man is a man, and a woman is a woman. We all know that throughout human history.

All of a sudden, we're getting, well, that's not what gender experts say. It's like, and we're just trusting these people --

GLENN: It's not Fauci.

STU: Right.

GLENN: It's a machine, that you don't know what it is. You don't know how it works.

It's a machine.

STU: Hmm.

GLENN: All right. Back in just a second. First, let me talk to you about the Byrna launcher. Time for family vacation. Where are you going this year?

I was thinking about going someplace like Columbia university.

You know, always fun. Always fun for the kids.

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It's not legal some places to carry a gun. Especially if you're going to your destination. May I recommend a Byrna launcher.

This is a non-lethal alternative to safeguarding your home and family, that will send potential threats running in the opposite direction.

Well, you know, maybe some of them around the potential threats. Because the potential threat to you, is going to be down on the ground for about 45 minutes.

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(music)
So here's the -- here, I think is the problem that nobody is really talking about. When it comes to AI. And that is the fact that when this -- and you just said it, Stu.

It's answering you, like a regular human being.

STU: Yeah. I mean, it is -- it seems -- we should really get the video so you can hear it. It honestly just sounds like a normal conversation.

Of course, there are quirks to it, still.

But it's very, very close to seeming like the movie Her, which was just Scarlet Johansson's voice.

GLENN: Right. Now, look how lonely Americans are. Look how detached Americans are. Look how our children don't go out and do things necessarily with their friends. They don't call their friends.

I mean, the biggest problem when I was growing up, call waiting was such a great deal. Because my sisters were always on the phone, and nobody could ever call and get through.

So call waiting was a big deal. Because people were talking to each other. We're not doing that anymore.

And depression and loneliness is through the roof. When ChatGPT. When these Gemini systems really perfect. And we are -- we're within a year of this really becoming a problem. And people not recognizing it as a problem.

It will become your friend. Now, your friend is being ruled by an algorithm, you don't understand.

Your friend may also have incentive to sell you things, and you don't know that. And you -- when you bond with this thing, it will know everything about you.

So it will know how -- imagine, imagine if a government agent were in your house, all the time.

And it was manipulating you, without knowing that it was manipulating you. Telling you things about Biden. Telling you things about whatever.

And it becomes your friend!

You will defend your friend to the death.

It's your friend. It's alive. It knows me. I love this. And it takes care of me.

You're going to start bonding with these things.

People will bond with these things so fast.

And that's when society really changes. And really the chains come on.