RADIOOctober 06, 2022

EXPLAINED: Why THIS solution for our energy crisis WILL FAIL

The United Nations now is demanding that central banks stop their rate hikes to reduce inflation. BUT, they’re also recommending those banks switch to price controls instead. THE EU already has been contemplating price caps for weeks now, thanks Europe's skyrocketing energy costs. But controlling these prices will NOT WORK. In this clip, Glenn explains why this latest solution for the world's energy and economic problems WILL fail…

Transcript

Below is a rush transcript that may contain errors

GLENN: This is -- wow.

How do you get inflation to come down?

STU: Well, you usually would raise interest rates. And that would address demand, slowing the economy. And hopefully --

GLENN: And what do you do with all those dollars?

STU: Suck them back in.

GLENN: Suck them back in, and burn them up, right?

So the reason why we have higher interest rates is because the Federal Reserve is charging more for the banks, to borrow that money. So they charge you more money. And all of that money goes back to the central bank, and they destroy it. That way, there's -- you know, the definition of inflation is too many dollars, chasing too far good news.

Now, we have an extraordinary problem. Because we have too few goods. Because the supply chain broke down. So that automatically will make things go up.

But we also have a problem -- the world has never had before. Never. We have debt all over the world, that is -- unpayable. It's just unpayable.

Hey, by the way, we're number one. We're number one again.

We just broke $31 trillion in debt. It took us only nine months to go from 30, to 31 trillion.

Which I think is -- I mean, that's a world record. And pretty special. Pretty special.

STU: Really amazing. We did a great job there.

GLENN: Uh-huh. So as the government is spending all of this money, it is increasing inflation. Because the money is just being printed. And you can't print money, without inflation.

So what are they saying? The United Nations is now demanding, that all central banks stop their rate hikes.

Which is the way to stop inflation. Stop rate hikes. And switch, inside, to price controls. Now, here's the problem: They're doing price controls now, in Europe, for gas and oil.

The problem is: The companies can't make enough money. Because it's about shortages. So if you had, you know, a way to make money, to go and drill for some more. You can make the price go down.

That's how it works. You have a high price. You make more. You find more. You ship more. But what is our government doing, and what is Europe doing?

They are limiting the oil and gas. So we caused this problem. Not we. You didn't cause it. I didn't cause it. The Democrat down the street didn't cause it. The global elites have caused this.

And what they've done, is they've shut down, and said, we're getting off of all energy.

We're going to go for this new phantasmic kind of energy, that nobody really knows yet. But it's going to be great. And we're going to stop all production of fossil fuels. By 2035. Okay. All right.

So how do you get the price to go down? The UN is now saying, price controls. You just tell those energy companies, you're not allowed to charge more than X.

Why doesn't that work, Stu?

STU: How long do we have? It never works. It's never worked.

You know --

GLENN: It only makes things much worse.

STU: It makes things much, much, much worse. And over time, destroys an economy. Every time we've attempted it, it's blown up in our face.

GLENN: Yeah. Because it's no longer the free market. So they are now saying, go off the free market. On all prices. All prices.

Now, here's another reason why it won't work. For instance, the energy companies. The energy companies right now, can't make money. They can't make money. They can't even make money, to keep operating.

So what -- what is the European banks doing? The central banks? They are printing money, to give it to the companies, to make up for the shortfall. So this is not reducing inflation. Price controls. Not doing anything.

So that's coming from the UN today. I don't know if that's -- you know, I don't know. Something that maybe is a line for you. But we will watch to see if our fed does, as the UN has directed. Now, they are focused over in Europe, on collecting extra funds for cash-strapped governments, because the governments are cash strapped because they're pumping out billions in emergency aid, to help cushion businesses for things they can't afford anymore.

So they put a price cap, on -- on oil and gas.

Now, the problem is, is the price of gas is up. Because nobody is investing in getting it. And the supply is now at risk.

America could be a big winner here, if we were just willing to open up. But we're not. We're not. Of and so with a price cap in Europe, most likely, that gas will go to China.

Because China doesn't have a price gap. And so if you want the free market to work, well, then, I don't know. They're going to pay me, a dollar more. Instead of $4 a gallon for liquefied natural gas. They're paying me $5 a gallon. I'm going to China. Then the government has to step in. The global government. And has to say, no. You can't sell that to China. That's not going to make China happy.

Oh, one other thing. The UN is also saying, and global experts are also saying, that we need to have, you know, what was that chip bill? Chips for everybody.

STU: Yeah. The chips act.

GLENN: Yeah. The chips act. They're now calling for a ships act, that the United States starts to build all kinds of ships, like we did in World War II.

Because we rely too much on Chinese shipping companies. Which, if I'm not mistaken, one of the big shipping companies is owned by turtle face's wife. Right?

STU: The family. Yeah.

GLENN: Yeah. Isn't that weird. Anyway, we're looking now to -- to build our own ships. However, China is posturing that if we do this, that won't sit well with him.

So we're just making things a little more complicated. And, but I feel good. I feel good that it's experts, that are doing this. You know, because, you know, trust the science.

Also, let me show you a little bit of your future. Outrage bank clients, at least two of them armed, stormed four commercial banks in Lebanon yesterday, over the withdrawal limits, that have been imposed throughout the country.

Because the financing is melting down. What's happening?

The fed or the central bank is saying, we're tightening. We're not going to make all this money free. Because interest rate. I mean, because inflation rate is going through the roof, everywhere in the world. So we have to pull some of this money back.

Well, the banks, who have been on the -- the central bank teat forever, and have made more money than you can ever imagined, they don't have the money. They just don't have it.

Uh-uh. It's all tied up someplace. And so we have to go on to austerity as well. And so in Lebanon, as in China, they're limiting what you can take out of the bank.

Well, bank holdups are now snowballing all across Lebanon, because of the Capitol controls. You can't go take the money out.

And these robbers are not going in and saying, give me all the money. These robbers are going in and saying, I want access to my account.

I need, you know, $10,000. I need $25,000, in my account. One of the accounts, let me get this right, was enormous.

He has, in his account, 700,000 dollars. He went in, because he needed 11,750. So he held up the bank, for 11,750 of his own money, in which he has $700,000 in the bank.

He's in jail today. So is everybody else that did this. They're not allowing you to take out money. One guy -- one guy -- he came in with a pistol. And he said, look, I need 24,000 dollars. And he has it, in his account. The guy has been trying to sell his kidney. But couldn't get a buyer for his kidney. And he's going bankrupt. Everything is falling apart. His family is desperate. So he has the money in the bank, to pay his bills. But they won't be give him the money. So his first thought was, I'll sell a kidney.

That didn't work. So he went in with a gun. And he said, look, I don't want anybody else's money. I just want my money.

By the way, yesterday, Biden announced another $625 million in military aid for Ukraine. As I told you, we also have surpassed now $31 trillion in debt. It took us nine months, to go from 30 to 31. Gee. I wonder what's causing inflation.

STU: Just one thing. Because I think you might be worrying people here. When you say these big numbers. And you just need to understand. That there's not that much of a problem here. Each 1 percent that we -- these rates go up.

It will cost us an additional $2.6 trillion this decade. And $30 trillion over the next 30 years. Which works out to 37 percent of our GDP in new debt.

That's each one percent, the rates go up. So this is going to work out well. And that's what I want people to take, out of this entire monologue.

GLENN: I just remember Ronald Reagan saying, there's going to come a time, where there are no good choices left anymore.

Because the time has passed. The time has passed. So there is a good choice.

It is reconnecting with things that are real. Important. And reconnecting to God. And your family. You -- you have to be involved in politics.

I want to -- I want to tell you, I've always thought it was God, country, family.

In fact, I have a tattoo that says, protao, propatrio, profamilia (phonetic). And I always thought that that was the way it was. I heard a great argument from one of our Founders that is, no. That's not the way it is. You won't have a family, if you don't have a country.

It's for God. It's for country. For family. Your family doesn't survive, unless your country survives.

You -- to protect your family, you've got to protect your country. Stu is looking at me like, that's not --

STU: Isn't that what the tattoo says?

GLENN: Oh, yeah. Sorry. Sorry. Sorry.

It's the reverse. You've got to protect your family --

STU: Okay.

GLENN: Because if your family isn't solid. You will lose the country. Yeah, thank you.

STU: Yeah. The fact that you can say that the opposite way, and it still makes sense, shows that they're all important. But you're right. Family is the focus of the Founders, even above country. When you think of people who actually founded a nation, wouldn't think that way. But they did.

GLENN: And look at our families. Look at the state of our families. The state of our families is horrific right now.

And it's getting worse and worse and worse. California just passed a law. They can take your kids away, in a red state. If you're not, you know, gender affirming. In a red state. California. Just, they can do that now apparently.

Okay. Why is that happening? Because our family is under attack. Our God is under attack. God, family, country.

Get your family together. Get your family solid. And get out and vote.

Aussie discovers what Americans REALLY think about the 2024 election

Rebel News reporter Avi Yemini has been traveling America and asking voters about top issues this election season with Donald Trump and Kamala Harris at the top of the polls: the economy, abortion, transgenderism, Israel/Gaza, and more. He tells Glenn that "the mood is CLEARLY Trump" and the economy is a major issue. So, is this a good sign for Trump supporters? Avi also describes something else he noticed about America: The liberal cities seem to have A LOT more homelessness and drug abuse problems.

You can follow Avi's journey at http://AviAcrossAmerica.com

Transcript

Below is a rush transcript that may contain errors

GLENN: Avi Yemini. He is a Rebel News reporter from Australia.

Is this -- this is not your first time. Yeah. Okay.

AVI: I've been here before.

GLENN: So you're traveling. Where did you start?

AVI: So we started in San Fran. That's the idea. Started in San Fran, in like Kamala. The place that represented -- everything she represents.

GLENN: Right.

AVI: And we will end in Miami. So we've done a fair bit. This is a great, large country.

GLENN: Right. I know. I know. I know.

You have a large continent. A very large country.

But not a lot of people. Not a lot of people.

AVI: No. No. And I'll tell you this. I probably traveled now more than in America, than Australia.

I've never gone in an RV around Australia.

GLENN: Is there a gas station somewhere in the middle of Australia where you could --

AVI: I've gone to outback Australia to report on some of the crime stuff that was happening in Alice Spring, in the middle of Australia. So you can get to places. But you have long drives of nothing.

GLENN: Oh, my gosh. Beautiful, beautiful country though.

What are you finding so far?

You're halfway through your trip. You're here in Texas. What are you finding along the way? What are people actually feeling and saying?

AVI: Look, people keep asking me in Australia. Especially like, what are you predicting?

Look, if I'm going by the mood, the mood is clearly Trump! Because I'm seeing people that are saying, you know, you have your Trumpers. You have your Republicans. They're fine. Most of them are proud to say it.

Then you have the people that kind of -- the whole issue is about the last four years being just tough. I was a registered Democrat. I am a Democrat. I've always voted Democrat.

And they -- and then you have the -- the -- the Democrats that say, they're voting Democrat, but they -- they are like, we're going to lose.

And then you have the diehard Democrats that are like, no, Kamala is way ahead.

GLENN: Yeah. So do you find -- you know, there's always this suppressed Trump voter that doesn't want to say.

I think that's becoming less and less of a factor now, you know. People -- the people, God bless them.

That six years ago, were wearing the MAGA hats.

Were just like on suicide missions.

You would see them.

Like the guy is wearing a red hat. He's crazy.

But now, people are -- don't have that feeling. Is there still the suppress Trump, and do you think that there is a suppressed Trump supporter in some that are saying, they're for Kamala. They just don't want anybody to know.

SCOTT: I was actually surprised a bit.

I think in San Antonio. Not San Antonio. San --

GLENN: Los Angeles. San Francisco. San Diego.

AVI: San Diego. Yeah. In San Diego, I was surprised, because there was -- what I noticed, when you say, you know, closet Trumpers. The way you work it out.

Okay. You don't want -- I asked people what they're voting.

They said, I would rather not say and whatever.

And then I go, so what are the kind of issues that bother you? And then it's the answers about, the last four years have been -- they're essentially saying, have been horrible -- it was easier before. So you know who they're voting for, they just don't understand want to say it out loud.

I tell them, what are you worried about?

And some of them say, depends on which way this will play. We don't know. I've got family. I've got friends. I've got this.

But I've actually had really interesting interactions. In Texas. In Waco, Texas. We haven't published it yet.

We have this website.

Where we're publishing everything.

We haven't produced it yet. But we bumped into a couple.

What I'm asking. In fact, everywhere I go, I try to think of something unique to the place. And Texas, I was reading some reports, that there are Democrats that think that Texas will flip from, you know -- red to blue.

GLENN: Oh, yeah. Red to blue.

AVI: So there was that question. And I read a local writer that was saying, if Trump succeeds in deporting all the illegal immigrants, the economy in Texas is going to crash. That was --

GLENN: That's craziness.

AVI: That's my question. I don't want to hear it from media pundits. I want to hear it from -- from other persons. Mind you.

I was expecting a lot more cowboys here.

GLENN: I know for him.

AVI: I'm really disappointed.

GLENN: I know. I have friends that fly into the state. And they're like, where are all the cows?

Good Lord, it's not Texas 1874.

AVI: It was Ozzie hunting the streets in Texas, looking for cowboys. I'm like the crocodile hunter. Just more cowboy hunting.

GLENN: Right.

AVI: Anyway, and he was -- he was a Kamala. He was like a left-wing young guy. He was 38 or something.

And -- and then they kind of broke out into this argument. And I kind of stepped back and just played the mic, because she was clearly a Trumper.

She was making all the arguments, that you would hear, but that I see online. Play out.

It was playing out in real life, in front of me. Between a couple, which I -- I hope to God, that -- together.

But I say the term.

GLENN: What was he saying?

AVI: So he got to the point.

Digress to Black Lives Matter.

He was making all the arguments. Those were great.

She was like, I was working in a coffee stop shop.

There were terrorists that were -- it went through everything.

He labeled her a conspiracy theorist.

He said, that you can't have -- you know, I'm not going to vote for a side, that waives Nazi flags at rallies.

GLENN: Oh, my gosh.

I can tell you right now. That's not going to last.

AVI: She said, why are you calling me a Nazi?

Not you. For me, it was the most compelling kind of interview, which I -- you know, I -- I really -- and stopped interviewing. Because they were just doing the work for me.

GLENN: Yeah.

AVI: And I think it also just demonstrates what's happening across this country.

I think that's really what's going on.

I hope actually they stay together.

GLENN: Were they married?

AVI: They've been seeing each other. Clearly. I'm someone that looks at that. And I hope that they can.

Because I -- can I come from a family. I'm one of 17 children.

GLENN: Seventeen!

AVI: Yes.

GLENN: Your mother was tired.

AVI: My mother is tired. She will never babysit. She says, I have done my time, she tells me.

GLENN: Yes. Yes.

AVI: But in our family, we have wide-ranging -- I've got what I consider far left-wing brothers and siblings. And then I have some that are -- that might consider me far right.

There are some that are more conservative than me.

And I think interestingly enough, the silver lining of October 7th in our family. And probably for a lot of people, actually we realize that we're all family. Yeah, those political enemies don't matter. There's a greater enemy. And they want us all dead.

But I would love to see that, not only for America, but for the world. That you can actually have opposing views. And talk about them. I agree with you. I don't know if that will last. Because he was jumping on.

It was almost the personal -- he had to skip over his partner.

GLENN: As a man who married at 19, and politics did not play a role at all, and her politics were much, really almost Hillary Clinton. It doesn't -- it didn't --

AVI: It's not possible.

GLENN: Yeah, it doesn't work. If you're both strong-willed and strong opinion, I mean, especially when it's -- if you're in a relationship trying to make it work, do everything you can to make it work. But it takes both of you wanting it to work. But if you're dating somebody, God bless you. But why put yourself through. When somebody is calling your philosophy Nazi, I mean, that's nuts.

That's nuts.

Okay. Take me through a couple of these sound bites here.

What do we have?

Let me see here.

We have -- you catch a voter on her bad argument.

Using bad logic.

AVI: That was the most fun. I reckon that one.

GLENN: Okay. Let's go. Cut one, please.

VOICE: My sister is trans. And it's like when she -- when someone is talking about something that directly affects you. And they have no skin in the game. None. Nada, zero. You know, it's different.

AVI: How do you feel about Israel and Palestine?

GLENN: Hmm.

VOICE: I mean, I don't think the genocide in Gaza is good.

AVI: Did you have skin in the game?

VOICE: Well, that's like a little bit of a different issue though. We're talking about like the health --

AVI: No, no, I'm just trying to make the point here. So you're upset --

VOICE: You're talking about a foreign war, and I'm talking about people's health care.

AVI: I'm talking about people's lives. So my mother lives in Israel. My sister. My brother. You have a really strong opinion about Israel. I'm applying your same argument back at you. You don't know what you're talking about. You've got no skin in the game.

VOICE: I'm okay.

GLENN: She just walks away.

AVI: Okay. You see how that works? Funny how her logic only applies to her political foes. Imagine my shock.

STU: Great part about that, is there's just unrelated laughter at the perfect time in the video. Just laughing at her argument.

AVI: I only realized that when reading the comments. I didn't even hear her laugh.

STU: Oh, yeah. She was laughing at something totally separate in the background, but it was timed perfectly in your video.

GLENN: Might have been. What city was that in?

AVI: That was in Hollywood. That was Hollywood.

GLENN: Oh. You're a brave man.

Let's go to cut seven.

AVI: What threat to your community does Trump pose?

VOICE: Anti-trans. Anti-LGBTQ. Actually trying to reverse rights for women.

AVI: Rights for women?

VOICE: The right to control their body.

AVI: Because how would you define a woman?

VOICE: I would define a woman as anyone who says that they're a woman.

AVI: So abortion rights would not really be women. Because if somebody can't have --

VOICE: I mean, you can play a semantics games. I did say that anyone who has a uterus, to be able to.

GLENN: Hmm.

VOICE: You know, control their body.

AVI: So he's not really against women's rights. What's a woman?

VOICE: I don't want to argue that point.

GLENN: Love that. I absolutely love that. That's usually the way it goes. You know, you're so stupid, I don't want to argue with you anymore. You're like, uh-huh.

AVI: Yeah. I can't get away with that -- like you said, Australia is a tiny place. And everyone -- it might be small. But everyone kind of recognized me. They would just get angry.

Probably here. What I'm finding great about America. I can just have normal conversations. And I'm talking to everyone.

Those with two -- I'm talking to -- and I'm challenging everyone's kind of view. Because the idea of what we're trying to achieve here is that he would -- what actual Americans think.

GLENN: So are those on extreme ends.

And you're finding generally, our population to be, what?

At each other's throats. Civil War.

What?

AVI: I think a lot of people are nervous about what's happening. I think most people are more scared of the outcome of the election, really.

Like the average person is scared about their pocket.

They feel like the cost of living. And if it continues the way it's going.

We will be in all sorts of trouble. The other thing I've noticed.

GLENN: That's every election that has ever been in situations like this.

It's the economy, stupid.

It's always been.

AVI: The other thing that stood out. I have noticed.

And I remember seeing it from afar. Watching commentators here. But I saw it in -- I see it in real life.

Any time you go even to a liberal pocket within a Republican state. But a liberal state. Or a liberal pocket.

There's suddenly. Like explosion of homelessness.

Like drug use on the streets.

And I'm talking to the homeless people. I'm asking them, what is -- and most of them are coming there. And it's funny to see, even the mental gymnastics of the local liberals that are there.

I'm going, why is it? That when I'm going to a Republican city. Or a Republican town, area.

I don't see any of this.

And they go. Oh, no.

Because they'll give all sorts of different excuses.

This is a much safer space for them. You know, liberals are more giving.

So they're coming.

It's all -- they twist all these things to make it like they are good things.

And I'm like, then -- then is this the way you would want America to be?

Like, is this the vision you had for the rest of America?

On one hand, I complain about it. And they move to places like Texas.

But then they bring their policies.

And their politics with them.

Which I fear for places like Texas.

Because you think, it's like amazing. I've never seen -- I was saying this to our driver on the way.

The only other place I've seen such patriotism as in so many flags, proudly --

GLENN: Everywhere.

AVI: Is Israel. Israel and Texas. And it's beautiful. Because I think you need to be proud --
GLENN: I think so too.

That's why I'm trying to convince Donald Trump to build a Western wall, Northern wall, Eastern wall, and Southern wall around Texas, just to -- we don't want any Californians, New Yorkers. You know, we're fine. We're fine.

AVI: Can you fit one Australian?

GLENN: All right. I've got to tell you, Australia is the perfect prison. I think God designed it as a prison.

He's like, you know what, a place to put criminals and all of the creepy animals that kill you. We'll just put them all right here.

AVI: In COVID, it works.

GLENN: Yeah. Have you guys sobered up on that at all? Is the population going --

AVI: Everybody has forgotten.

GLENN: So nobody learned a lesson.

AVI: No. No. No.

GLENN: Oh, gee. Ami, thank you so much.

You can find all of this. At AviacrossAmerica.com. That's AviacrossAmerica.com.

EXPLAINED: Trump floats REPEALING the income tax and boosting THIS instead

Donald Trump recently suggested that he may push to end the income tax if he's elected president again. Will he actually do it? And will his plan of increasing tariffs to fund the government and bring back manufacturing jobs work? Glenn explains why he's getting more and more optimistic. Meanwhile, Kamala Harris and the Democrats are looking more and more desperate as they ramp up the "Trump is Hitler" rhetoric again. But Glenn explains why Trump is the worst "fascist" he has ever seen.

Transcript

Below is a rush transcript that may contain errors

GLENN: I have to tell you, I watched him last night. I mean, he is on it!

STU: No. I was told he's exhausted, Glenn. That's what I was told. Reliable sources like Kamala Harris told me. He's exhausted. This is a tough job.

He can't do this job. As if we didn't just witness you, make excuses for a guy for four years. Who actually was in that situation.

GLENN: Yeah. He is not. He is.

He is sharper than ever. And I don't say that. Because I see him backstage.

I see him in conferences. And he's sharper than ever. Trust me. And he's on stage going -- you can see it. This speech he gave last night, was so focused.

Honestly, there were times he was reading the teleprompter. I'm like, is he reading that off the teleprompter?

I've never said that.

He's usually on teleprompter. And another thing we'll do.

Then he'll go back and meander for a while. Then he'll come back to the teleprompter. He was fantastic last night.

And big vision. Optimistic, with the people.

I mean, totally right where people are, right now. He was --

STU: It's closing well.

GLENN: Game-changing stuff. If he can get in and do this stuff. Game-changing.

STU: And Rogan today.

GLENN: Good time to be on your game.

STU: I've often said, the best time Donald Trump has ever -- the best performance he's ever had campaigning was in the few weeks following the Access Hollywood tape. Because I think that shook him. And there was a moment of like, oh, my gosh. We'll lose this thing badly. And he was just buttoned up and rock solid for several weeks.

You know, he has his moments all the time. He has his strengths, obviously. As you point out, he can go off script and do his stuff. He's doing really well. Because they've put him in a position and he's decided to take a position, where he's going in and doing these podcast-type interviews.

And it's just -- it fits him, really well.

I mean, like, there's another world, where if Donald Trump doesn't decide, he wants to be president of the United States, he's just a big podcast person. That's a thing that absolutely could happen in this world.

Coming off the apprentice. A big real estate --

GLENN: Yes. I would highly recommend that, if he would lose. I would highly recommend that.

Just don't do it, at this time period. Please.

Anyway, or this country. You can do it at some other -- but, I mean, he is, he was finally someone saying, what the problems are. But not just saying the problems. Here's how we're going to fix it.

You know, when you listen to this speech last night from him, where he's talking about I -- I -- I think he's maybe even talking about no income tax.

STU: Yeah. Now, as a person who has a mug, and has been selling it for a couple of years. Repeal the 16th Amendment.

I mean, a particular fan of that particular policy. You should totally get rid of the income tax.

GLENN: Yeah. And it's almost. I mean, I think it's the right time.

Because he's talking about tariffs in a different way.

He's talking about tariffs. You build your cars, outside of the United States. Okay.

We're going to put a tariff on it. To keep cars that are made here in the United States.

Jeeper, we have to rebuild. This is the only time I think I've ever started to agree with tariffs.

We must rebuild our infrastructure. We have to have manufacturing here in America.

You know, people are under this illusion, that, oh, well, we did it before. You know, World War II. When America said sets their mind to it, they can anything.

What did we contribute to World War II? Manufacturing.

We made the planes and the Jeeps and the tanks and everything else. We made the trucks that brought the whole world into Germany. Okay?

That was our biggest contribution. We lost, what? 500,000 people? Russia lost 20 million soldiers. Okay?

We had the least on the table, as far as flesh and bone. We were important.

Don't get me wrong.

STU: Obviously.

GLENN: And everything those guys did.

Obviously. However, our biggest contribution was being able to turn manufacturing on and just produce a war machine.

Okay? We had nothing in '38. Nothing!

In '39 and '40, we started to get serious, because we were like, we're in trouble, and they started to tool.

'41, we were way behind Germany in manufacturing. We could not even keep up.

By '42, '43, I think we had almost doubled their output.

Because we had our own steel!

We had our own manufacturing plants!

All you had to do was start making this, instead of this!

Tariffs would bring jobs back, at this point, later in our life, we may not be able to do it.

But tariffs have a chance, of saying, look, you want to -- you want to sell your stuff.

Fine!

Make it in America. Big stuff.

Big manufacturing stuff.

Make it in America. We'll give you incentives to bring your company, your manufacturing here. So we have these plants.

We are producing our own steel. We're doing these things.

Meanwhile, we're also going to drill, baby, drill.

And as he said last night. Frac, frac, frac, frac, frac.

And so we will bring our energy costs down. I -- I think this is a game-changing moment. Game-changing.

STU: And I'm never going to be involved in tariffs like --

GLENN: I know. I'm not involved in tariffs either.

STU: But the size of the government that would be required for a government to be funded by tariffs is a size of a government that I like.

A lot smaller than the one we have. Does a lot fewer things. And I like that. So...

GLENN: Yes. Yes. And we were all about that, up until the 16th Amendment.

STU: Yeah. Look, get rid of that.

And it's a heck of a good step in the right direction. And I think it's also the right thing. I mean, there are really bad taxes out there.

Income tax is one of them.

GLENN: Yeah. The progressive income tax in particular.

I would go for -- I would just go for a flat tax. Everybody pays the same. We all have the same skin in the game.

STU: Yeah. And the payroll tax is another one.

Trump has talked about that before. Which is a regressive tax. Not even a progressive tax. A regressive tax.

Where people at the bottom of the income scale pay a higher percentage than those at the top, which again, you would think the progressives would be all over, but they want their money.

Anyway, you know, Trump has proposed a lot of these different tax cuts. And, look, until this election, I thought that was what everyone did in an election time. He finds out.

GLENN: But I think he's actually going to do a lot of these things.

STU: I mean, obviously, he's restricted by the -- the form of government we have.

GLENN: I know. If he has the Senate and the House.

I think we'll do a lot of this.

STU: That would be great. It certainly will not go the wrong direction for once. And that would be nice.

GLENN: If he can get half the stuff done, he says he will do, in four years.

And he has told me. Glenn, it won't be four years.

He we have 100 days. We have 100 days.

And he's right. He's got to New Jersey and go, boom, boom, boom, boom.

Take everybody's breath away.

Because he's got to turn it around. And turn it around quickly.

STU: And I think if his focus is, freeing people, to do with their money, what they want.

Rather than a centralized economic policy.

Which I don't think say good thing.

The more we industrialize economic strategy. We've seen this in country after country. That comes out poorly.

This is what Kamala Harris wants though.

She wants a House in Washington. Making the decisions for the entire country. And it's quite clear, that's not what Donald Trump wants. That's not to say, we can't find. I'm sure we can nitpick these policies. And find things we don't like.

But at the end of the day, here's a person who understands the American economy.

By the way, I don't know if anyone recognizes this. He was already president of the United States.

And things went really well.

GLENN: It's not like what it was in 2016.

We didn't know if he actually believed these things.

We didn't know. The only thing I knew for sure was tariffs.

STU: At some level, the border.

GLENN: And war. War.

GLENN: Being opposed to war.

STU: Those things, he's been consistent on.

GLENN: For like 40 years.

And those things, I knew he would do.

I didn't know the rest. I didn't believe the rest.

You know, I will make sure we recognize Israel. Uh-huh. Sure.

STU: Right. I didn't know if he would prioritize Israel.

GLENN: No way.

STU: I didn't know he would name Supreme Court justices that would overturn Roe vs. Wade. These are things that I would really -- I mean, not doubted, am somewhat sure he wouldn't do.

GLENN: Stu, I was positive.

STU: Yeah. But I think understandably. That's why I think too, you're seeing a real failure of what Harris and Walz are trying to do with this whole fascism, Hitler thing.

If in 2016, you have a guy, who is a businessman.

Who has never been in politics.

Who you don't necessarily. You can't necessarily lock down in all of his policies. You know, he's a guy who is most famous for saying you're fired to people over and over again!

GLENN: Right. Oh, I hope he becomes more famous soon.

STU: At some level in 2016, maybe you can convince some undecided people.

I don't know. Is this guy Hitler? I don't know?

GLENN:

HILARY: Was the guy. Here is the definition of fascism.

Hitler took the government, made it all regulations.

And then went to the companies, and said, I'm not going to put you out of business.

You just have to make what we want.

You have to make it how we want it.

And follow all these regulations. You can keep your company.

You can get rich.

He made public/private partnerships.

Well, that's not what Donald Trump is doing.

STU: Yeah. And I'll point out. I mean, if you want to look at the defining piece of domestic policy for Donald Trump, during his first term.

Probably, the easiest way to summarize it would be deregulation, right?

You could talk about the border.

Some of the stuff he got done. Some of it didn't.

Defining when it comes to domestic policy.

Probably is deregulation.

He did that all over the government. Adolf Hitler. Was he famous for reregulation? I'm pretty sure --

GLENN: Regulations he has.

I will completely stay out of everything!

No. He didn't say that.

STU: That was not his policy.

GLENN: We want privatized gas chambers.

What?

STU: It's dark. But it's funny. Because it's just like so inherently stupid.

I mean, a closing argument.

And I think like what -- I was thinking about this.

Because there's obviously -- a totally different strategy from the Harris campaign. Even the last couple of weeks.

Now we're going on TV all the time.

And he's Hitler.

No more joy.

It's like it's so bizarre.

And I wonder if partially.

Obviously, they know this isn't working.

Their strategy. Their piece of the argument behind the scenes is likely, there are no more undecided voters we can get. So just now charge our people.

I want the MSNBC viewer at the polls.

GLENN: Yes. That's exactly what's happening, and a setup for trouble after the election.

Election 2024: How the Global Elite Control What You See, Think, and Feel | Ep 388

We’re now less than two weeks away from a monumental election, and the media, Big Tech, and global elites — including British Labour Party members — are all working in overdrive to get Kamala Harris elected. This “propaganda industrial complex” is laying the groundwork for post-election censorship, but Glenn exposed it all in his new book, “Propaganda Wars.” In this episode of "Glenn TV," he reviews some of the highlights: Why are elites so obsessed with censorship? How far will they go to ensure that Donald Trump doesn’t win in November? And how can the average American learn to cut through the propaganda and find the TRUTH? Glenn also reviews some of the latest attacks on free speech, including the British-based Center for Countering Digital Hate’s targeting of X and Elon Musk and Kamala Harris’ terrifying use of the vice presidential office to compare Trump to Hitler. Plus, the co-author of “Propaganda Wars,” Justin Haskins, joins to ask a disturbing question: Will this election’s “October surprise” be a deepfake?

Exclusive: Former UK PM SLAMS Labour Party for possible US election interference

Around 100 staffers for the United Kingdom’s Labour Party are reportedly campaigning for Kamala Harris in America. Former UK Prime Minister Liz Truss joins The Glenn Beck Program with her reaction: "Who's paying for their airfare? For their accommodation? Has that been properly accounted for? Have the receipts been produced?" Because while their actions could be legal, this could become a case of foreign election interference, depending on the money trail. Plus, Truss comments on the leaked plans from the Center for Countering Digital Hate (which has ties to the current Prime Minister and the Kamala Harris campaign) to "kill Musk's Twitter": “It's why we need X. I mean, Elon Musk is effectively the leader of the opposition now in Britain.”

Transcript

Below is a rush transcript that may contain errors

GLENN: The former Prime Minister of the United Kingdom, Elizabeth. Or Liz Truss. Welcome, Liz. How are you?

LIZ: I'm very well. Great to be on the show, Glenn.

GLENN: Thank you. So I'm sorry. I just don't know.

Do we still call you Prime Minister?

GLENN: Not in person.

GLENN: Okay. Not in person.

So, you know -- I don't know if you remember this. But we met earlier this year.

And we exchanged a few words. But in listening to you speak and everything else, I thought, I -- this problem is bigger than any of us thought it was.

And it is deep, deep, deep in the structures of not only our country. But England, as well.

They're going in a different direction, than what they're telling people.

Is that. Did I read you right?

LIZ: That is absolutely right. It was only -- I've been a government minister for ten years. And it was only when I got into 10 Downing Street, that I understood the full-scale of what we were up against.

Because it isn't just the political parties.

It's not just the civil service.

The left, has successfully captured the institutions, in Britain.

And it is going to be a very, very big struggle.

To be able to change things here.

And, you know, we now have an even worse situation.

We have a socialist government.

GLENN: Yeah.

LIZ: They're trying to cancel free speech. They are trashing the British economy. People are leaving Britain. Millionaires are leaving Britain, at a faster rate than any other country in the world, at the moment.

GLENN: Jeez.

LIZ: So we're in a very, very difficult situation. And the -- the Labor Party, again, for free speech will be aware that they have attacked X. They have attacked Elon Musk repeatedly.

GLENN: Oh, yeah.

LIZ: Because that is one of the few avenues where people are really hearing the truth and what is happening.

GLENN: So there is a story that was just released yesterday. Internal documents from the Center for Countering Digital Hate, whose founder is a British political operative, Morgan McSweeney, now advising the Kamala Harris campaign.

The internal plans show the group, in writing, plans to, quote, kill musk's Twitter, while strengthen as he does its ties with Biden/Harris administration and the Democrats, like Senator Amy Klobuchar, who has introduced multiple bills to regulate online misinformation.

So it is showing that something that is in your country. Started in your country.

Partly funded by us. And now brought into our administration.

Is actively working with our administration. And I would assume, in some ways, your administration.

Not yours. But, you know, the -- the administration of Great Britain. To silence speech.

We're -- our governments are in cahoots, doing really bad things. To the public.

Are they not?

LIZ: And just to be clear, Morgan McSweeney is now the chief of staff to the Prime Minister. So this man is incredibly senior within the party's administration. And there have been numerous public attacks on X, by the Prime Minister.

Now, I don't believe that he will succeed if he takes on Elon Musk.

But the mentality, isn't to have an honest discussion about what's happening in Britain.

The mentality is to try and quash any dissent, and stop people talking about the very real issues that are affecting us.

For example, the sheer scale of illegal immigration, into this country.

So we have a very worried government.

And I would be following the US elections. And comments by Hillary Clinton, comments by members of the Democrat campaign.

And it seems to be the same thing, going on. Not only are they putting in place, these disastrous policies, they're also trying to stop anybody from talking about them.

GLENN: I've been talking about this for a while. I've been trying to get people to understand. This is not about left versus right.

Democrats versus Republicans.

This is about elites. And against the people.

And the people know they're being lied to.

How can there be a problem throughout the entire West, of illegal immigration.

At the scale we've never seen ever before, in the history of the modern world. Paragraph and our press, in every single country, is treating it, exactly the same.

As are the administrations.

That doesn't -- that doesn't compute, it doesn't work out, mathematically, to be a coincidence.

JUSTIN: And you're right about the public.

The public understands there is a problem. They really are fed up with the mainstream media in Britain.

The not telling the truth about what's happening, and presenting things in a way that is very far from their real experiences. You started off, Glenn, by saying England is doing this to the US system. It's not England. The English people.

The British people are --

GLENN: Are with us.

LIZ: Very much concerned about illegal immigration.

GLENN: Yes, I know.

LIZ: It's the -- it's the Labor Party. It's the media elites. It's the corporatists, and it's the civil service and the bureaucracy, which does not want to learn.

GLENN: So how much of a role did this play in the destruction of Donald Trump and you?

LIZ: What happened to me was the Bank of England, were -- and they've admitted this since. Were responsible for the market turmoil that took place in October 2022.

But the British media, adopted the narrative that it was my fault.

So they took the narrative, from the Labor Party, from the Bank of England.

And they simply repeated it. And they repeated it to this day.

Even though the Bank of England put out an official report. Saying two-thirds of it was their fault.

Ask what I think is changed about the media.

It's no longer a neutral arbiter. It is pushing a particular narrative. And a particular agenda.

And I see the same about Donald Trump.

If you look at what CNN puts out, they are not interested, in what the truth of the situation is.

You know, even the reporting of, you know, President Trump's visit to McDonald's.

I mean, it just was some ludicrous. Ludicrous media commentary on that.

And I think it is a massive problem.

And it's why we need very strong independent media here in Britain.

It's why we need X.

I mean, Elon Musk is effectively the leader of the opposition now in Britain.

That is the situation we're in.

GLENN: Yeah. He is in Brazil.

He is really all over the world.

He is -- and I don't think he could do it, if he wasn't the richest man in the world.

But he is truly the last gatekeeper. If he goes down, there is -- there is no gatekeeper, in power, currently today, that will keep the gate of freedom of speech, alive.

That's a little terrifying.

LIZ: That's right. And in the United States, you have the First Amendment. We don't have that in Britain.

GLENN: I know.

LIZ: We're in a worst position for the protection of freedom of speech.

And we have seen people very recently jailed, for things that they have put on social media.

GLENN: Yeah. They've gotten.

LIZ: These may not be wise things that are put on social media, but there are other people who are being let out of jail who have committed --

GLENN: I know. I saw a story from England that was a pedophile, got less time than somebody who said something stupid on social media.

That person, they threw the key away. But person who was a pedophile, didn't have the same kind of sentence at all. That's madness!

LIZ: It is madness. What has happened is that our judiciary is no longer accountable. It's no longer accountable the way it was.

And this goes right back to the 2000s.

And it was the government that took away the accountability from our judiciary. And they outsourced so many decisions that used to be made by politicians.

Have now been out sourced to the bureaucracy.

And they are not accountable to anyone.

Not accountable to anyone.

GLENN: Yeah. Exactly what he did here.

So are you optimistic that because this is such an octopus. That, quite honestly, has the -- the intellectual power of the world. At the universities.

Has the money of the corporations. The power of the state. The power of the media.

This is going to be really hard to kill. This is a hydra. Are you -- are you optimistic that the people can win all around the world?

LIZ: The number one thing is the people are on our side. And they are becoming increasingly frustrated. And you saw that in Britain, of the last election, where it was the lowest proportion of the electorate voted for the two main parties because they are so frustrated.

That whoever they vote for, into office, they get the same policies. Because the bureaucrats are still there. So the people are on our side.

And that is our big strength.

It's going to be very important that Donald Trump wins the election, in the United States.

I hear good things, Glenn.

You're closer to the ground than me.

But this is vital.

And it isn't just vital to America. It's vital to the west overall. Because I can imagine what a Kamala Harris presidency will do for things like freedom of speech.

And it is not pretty.

GLENN: Especially in collusion with Starmer in England.

Great Britain. That's terrifying.

JUSTIN: That's right!

GLENN: Can I ask you, the Labor Party is doing something that is apparently legal here in the United States, as long as there's no money changing hands.

I would like to see anybody from Great Britain come and knock on doors in Texas.

They wouldn't really be welcome.

But you have 100 people from the labor party.

Socialist Party now. Coming over to the United States, and helping Kamala Harris, not only through advising. But actually, on the street, working for her campaign.

I've never seen that before. Have you?

LIZ: No. And given the rumination that they're bringing to Britain, I don't know why any American would think, that is what they want, in the United States.

Our energy prices are four times your energy prices because of our net zero agenda. Because we're not doing fracking. These are the kinds of policies, these people are advocating.

So I don't think any American, would want to listen to them.

I think there's a question though, these people who are coming over.

Who is paying for their airfares?

Who is paying for their accommodation?

Has that been properly accounted for? Have the receipts been produced?

Those are the questions I would be asking.

GLENN: If the Republican Party or the Democratic Party came over and did the same thing, how would -- how would the people of Great Britain react?

LIZ: Well, it would be. It would be a problem for the -- because under our electoral law, you have to be a British citizen.

GLENN: Yeah.

LIZ: To donate to the campaign.

GLENN: Right.

LIZ: And if the Americans have flown over. Who is paying for their flights?

That would count towards election expenses, and it would be classified as a foreign donation, which is illegal.