France is on fire. Nearly a week of protests and riots in response to a police shooting have led to violence, looting, and massive clashes on the streets in several cities. Ezra Levant, Rebel News Founder, has been in Marseille witnessing just some of the French turmoil. And he believes these riots go beyond a single, police-related incident. Rather, he tells Glenn, this is about a ‘real separation’ between the French people and the migrants who seem unwilling to adopt France — and its way of life — as their new home. And if this kind of ethnic tension doesn’t find a resolution, Levant predicts, these trends will continue to get worse not only in France, but around the world as well…
The stock markets had a good month in November. But Glenn warns, "enjoy it while it lasts." Glenn reviews how the Federal Reserve's actions — especially its quick pivot from allowing debt to pile up to slamming on the breaks — could likely lead to a massive crash. "We are running out of options," he says, as the yearly interest on our national debt skyrockets toward $1 trillion. So, Glenn gives you the real stats while the Fed says it has everything under control ...
Below is a rush transcript that may contain errors
GLENN: Here's a -- here's an interesting story. Remember from investors.com. Can we just remember who got us here? Okay.
Listen to this.
The ten-year Treasury yield set off roaring alarms about the US budget. When it surged to 5 percent last month.
Now those warnings look like a fire drill. Federal Reserve rate hikes seem to be over for now.
Giving the bond market a reprieve, and allowing powerful S&P rallying to resume. But enjoy it while it lasts.
The next debt scare may be the real thing, and it could rock the US economy and stock market.
Here's why: The fed's historic turnabout from enabling massive budget deficits to directing the sharpest rate hikes in 40 years. Has seemingly broken the budget.
The Treasury market stress is almost certain to return.
And the era of fed quantitative easing and near zero interest rates, promoted care-free fiscal policies, that led to the US racking up $20 trillion in federal debt since 2008.
Exhibit A in the case of the broken federal budget. It's the deficit surge in fiscal 2023. Which ended September 30th.
Unemployment was near a record low. And GDP growth was strong.
Under those conditions, the budget deficit usually shrinks.
But this year, it doubled. To $2 trillion. And that's only if you ignore accounting for Biden student loan forgiveness that was struck down.
The Federal Reserve's fingerprints are all over the red ink. Fed spent more than 100 billion in interest on its bond portfolio to the Treasury in fiscal 2022.
It had to halt those payments last year as bond prices fell. Having let inflation out of the bag at an 8.7 cost of living adjustment stoked a 130 billion-dollar increase.
In Social Security checks. Another $100 billion, went to FDIC bailouts for the Silicon bank.
To top it off, the Fed hiking is the key rate, past 5 percent. Forced Uncle Sam to pony up an extra 177 billion in interest, on the debt.
Here's the thing: Interest on the debt was 711 billion dollars.
Went up in 2023. 711 billion dollars. Up from 534 billion, in 2022. 413 billion in 2021.
We're now running at a rate for this month, which will total 825 billion.
So we have doubled the interest payments. Now, we're probably 12 months. Twenty months away from a trillion dollars, in debt interest only.
Remember, the entire budget that we can pay for, cover our bills. If we are living within our means, is $2 trillion. The rest of it, we borrow.
What are you willing to cut, by a trillion dollars. Just to pay the interest?
We are running out of options.
The fed says they have it all under control.
Nobody is buying our bonds.
The fed is buying our bonds. So when you hear, oh, S&P 500.
Deutsche Bank just said it will go up. We will have a surge. Enjoy it while it lasts.
The problem is: Only the ones who have tons of money in the stock market. And those are the ones who usually get all the bailouts.
And they get all the government contracts, and everything else.
They're the ones in the stock market. They're the ones making all of the money.
If you have money in investment, good for you.
Good for you. But it is eventually going to go away.
And guess who will win?
All of those who are connected.
All of those who are connected. You know, I like it in -- I like the old days, when companies did something. And you could go, oh, that's really good.
I want to invest. And their stock would go up. Oh. And that's really bad. And their stock would go down.
Oh, the economy is really bad. Stock would go down. Now it doesn't work that way anymore.
The only one I've seen Walt Disney. Walt Disney marked its 100th anniversary with Wish.
Cost them $200 million to produce. It brought in over the five-day weekend, $19.5 million.
Wow. Now, by contrast, Frozen brought in 125. Frozen 2. Not even Frozen 1. Frozen 2, brought in $125 million over the same period.
Indiana Jones, the dial of destiny, gone. The Little Mermaid, nothing. The Marvels, worse than The Hulk. How is that possible?
And the only thing worse than that is Haunted Mansion. The only thing worse than that is Wish! It couldn't happen to a nicer group of people.
These are the kinds of things that we used to see in America. You disconnect from reality, you lose.
I don't know when we're going to see the first government bailout of Disney.
But I'm waiting for it.
A massive illegal immigrant settlement has sprung up right outside of Houston, Texas, and Glenn is on the ground to investigate. Glenn calls in live from Colony Ridge, which he has dubbed "the world's largest and most dangerous trailer park." This community, which is about the size of Miami, has become a hotbed for the cartel after developers started selling flood-prone plots to illegal immigrants. Prosecutors have refused to prosecute crimes, police officers see no point in keeping the law, and the developers are rigging the entire housing market, Glenn claims. And shockingly, Glenn has found ties between the community's developers and the Governor of Texas. But this kind of shady activity is not just happening in Texas. Glenn warns, "it's happening all over the country."
Below is a rush transcript that may contain errors
PAT: Pat and Stu for Glenn today. Because Glenn -- I guess he didn't realize, that the show actually happens. On Mondays now. On Mondays. About this time, every Monday.
STU: Where is he supposed to be on Mondays? Anywhere at once?
PAT: Sitting where I am right now.
STU: In this room? On Mondays.
PAT: Yeah. Isn't that weird? I guess it's fairly new. And he's not used to it, yet. Is that what happened you're not used to the new schedule change?
GLENN: Oh, my gosh. No. Some of us have been working this weekend. We're working through the night. I am actually down in Liberty County, Texas.
We're doing a new Blaze documentary for January. And the researchers and Jason has been down here. And they're going to be here for a week. I'll be back on the air tomorrow.
But I'm just getting -- I'm just getting ready for a full day of looking at world's largest trailer park. The world's most dangerous trailer park.
It's a -- it's an area called colony ridge.
You might have read about it. There's been a couple of stories out, about this unbelievable cartel-run community, if you can.
It is the size of Miami. And it's all illegals. And I know nobody is illegal.
What's happening here is, you've got a county of about 70,000 people.
And in the middle of it, it's 30,000 acres. It's in a flood zone.
And some developers bought it all up.
And they are selling it to illegals.
And here's -- this is -- I mean, you're talking about a change in elections, just with this county.
You're talking about corruption at gangs. They've had body dumps there.
Massive drugs going on. For a community now, of 70,000, there are only six to eight police officers.
And beyond that, the prosecutor for some reason, won't prosecute, any -- anybody in Colony Ridge.
So cops don't have a reason to go in. Because nobody is going to jail.
We don't know why.
We have a place where the developers have dumped 40,000 gallons plus of raw sewage into the local creeks.
Nobody does anything.
They're charging credit card interest rates. So it's $500 down.
For 300,000-dollar house.
It's $500 down. And then your monthly payment. But here's the good news.
You have an interest rate between 20 and 30 percent.
The more defaults happened in Colony Ridge, than any place else.
And what happens? They default. The developer, which is providing all the loans at such a low, low price, he then repossesses the house and sells it again.
It is an absolute nightmare. And it's happening, not just here.
It's happening all over the country.
This -- this community, is almost, and will be in a few months, almost the size of Grand Rapids.
STU: Wow. And, Glenn, something of that scale does not pop up overnight. It's not like, okay. A few people have come across the border.
This is something that has gone on for a while. Why hasn't anyone done anything about it so far?
PAT: It's an interesting question. I -- we have reached out to the governor, we have asked for an interview with the governor.
This isn't going to make us more popular with our own Texas governor, but we have reached out.
We can't seem to coordinate our schedules, darn it.
But what's interesting is, the brother is -- it's two brothers that are running this. I will be doing an interview today, with the main brother. The guy who is really responsible for this.
But his partner. His other brother happens to be one of the governor's biggest donors.
Given our governor in Texas, over a million dollars in his campaign.
Which is I'm sure a complete coincidence!
PAT: How far is this -- how far is colony ridge from Houston?
It's fairly close, right? Within a --
GLENN: Oh, no. It's closer than that. How far are we from Houston? We're about 20 miles.
So the -- the county -- the people who lived in that county, it's very, very red.
And this has brought in so much danger to the community.
I mean, honestly, body dumps. You're just out in the field.
You're like, oh, there's a dead body.
It's being run by the cartels.
But don't worry. The -- the Colony Ridge is hiring their own police. They're going to -- they're going to hire some of the police.
Which sounds very Chicago 1930s.
But the people who lived there, are so angry about this. They won't vote. And I wouldn't either.
They won't vote for a single bond measure. Here's the problem: You have the school growing ten students a day.
They've built -- the state has built these beautiful facilities.
But they can't hire the teachers.
They can't do anything, because the -- the former residents. The ones who live there now.
While they still live there.
I'm talking to a group of people who lived there for generations.
They're moving now. Because they can't take the crime. They can't take the problems.
They won't vote for any new teachers or anything else.
So now what happens?
I mean, this is a -- an absolute nightmare, the size of Miami.
PAT: And you mentioned that a lot of the illegals that get into these homes, lose the help me.
Then what happens to them?
Where do they wind up after that?
GLENN: That, I don't know. I will ask. That, I don't know yet. I haven't met with any of the principals yet. That's what I'm doing this morning and the rest of the day, and tomorrow.
I'll be doing the show tomorrow from Houston.
But then, I have to go back in, and interview some more -- some more people. Including Dan Patrick.
I will ask Dan Patrick.
GLENN: He's the head of our Senate.
And he's very upset about this.
PAT: I bet he is.
GLENN: He can't get anyone to do anything.
You know, the problem is, everything this developer is doing, is legal.
It's just immoral.
GLENN: Absolutely immoral.
He is building roadways that look like it's just a veneer.
I mean, we -- for a state that doesn't have hard freezes.
And then, you know, really hot temperature.
Then another hard freeze. I can't tell you why, after a year, the roads look the way they do.
They are completely broken up.
He's not -- he says, he's building them, to state standards.
And my guess is, he probably is, to the very lowest grade.
But he's then giving those roads, God bless his heart, over to the county, to maintain after two years.
I've seen the roads that have been there for a year. They will just have to be bulldozed and repaved by the county.
How is the county going to pay for that?
Because the people that are living there, don't have any money. They're not paying taxes.
STU: God. And it's really an amazing -- amazing thing.
And it's just hard to imagine, that we haven't heard more about this.
You're doing this documentary. What's the schedule on this?
I know these things take a while to put together.
PAT: So this is -- we will release it in January. This is why it's important for you to subscribe to Blaze TV.
This is not a Glenn Beck documentary.
I'm involved in this one.
But this is a Blaze TV documentary.
This is all of TheBlaze money.
And we are -- we are -- we brought in the best of the best.
To help us put this together.
They have been doing research on this, for months.
Including some members of my research staff, as well.
And they've got it so well buttoned up. You'll see it in January.
Only on Blaze TV. But it is -- I -- let me say this.
Can I say this?
STU: Usually, probably not.
GLENN: Security -- let's say. Yeah. Let's just say this.
Security on the team, is unlike anything I've seen before.
This -- this is something that a lot of people are not going to be happy, is erring.
And it's going to happen -- because this guy is doing this legally. Because he's found a way to get around everything that really matters, this is the most immoral legal thing I think I've ever seen.
And it's going to happen all over the country.
There are -- by the end of the Biden administration, there will be 10 million illegals.
In Houston, 10 percent of the population, is illegal.
PAT: Well, that's only -- that's only like a million people though.
That's not that many.
STU: That's it?
PAT: Just in Houston. Wow.
GLENN: Here's the other side of this. And I haven't gotten into this yet. We'll get into it next year when this documentary goes. But this is the way Texas is going to become, deep, deep blue.
GLENN: This -- just this population, if somebody figures out how to register or how to just collect votes from unregistered people, this would have meant just this community, could have meant that Beto was our senator, not Ted Cruz.
STU: Wow. It's amazing.
And I have seen the -- some of the schedule of what they're planning to do with these documentaries over the next year. It's aggressive. This is something you will really want to be involved in.
You will want to see these things.
It's BlazeTV.com/Glenn. Go ahead, Glenn.
GLENN: Yeah. And I will tell you, when I started Blaze TV. This is why I wanted to have the subscribers and everything else.
So we could have the money to be able to do all this.
Blaze has built itself into such a workhorse now. And really, pretty darn bulletproof. That we can actually afford to do these things. And finally, we're able to be the investigative arm. We're no longer going to wait for ABC, NBC, CBS, whatever.
They're useless. They're going to have to start answering to us.
Why aren't you covering this?
Beyond that, they keep saying, we're -- you know, oh, the right is only engaged in conspiracy theories.
More people will end up watching this, than will be watching anything on 60 Minutes.
Because people will know that this is the truth. And they will have to respond to us.
And it's about time.
STU: It is about time.
BlazeTV.com/Glenn. Is the place to go to subscribe.
If you use the code Glenn. You'll save 20 bucks off your subscription.
I think already Blaze TV is worth it.
Well worth your money. If you have the extra to spend.
It's getting better and better and better by the day.
This project from Glenn, is one of many that are coming.
I've seen some of the summaries of them.
It looks like there will be some really incredible stuff. Yeah.
GLENN: It's shocking.
This alone is shocking. And we're the first to go in, and actually do an interview with all of these people.
That are living there. Living around it.
And the guy who is responsible for it.
PAT: Yeah. I mean, I've heard very little of this. Very little of Colony Ridge.
STU: Used to do a show in Houston.
PAT: Yeah. This is just on the outskirts. There's an inner loop in Houston. There's an outer loop. And there's a really outer loop. It's just beyond that. It's so bad.
GLENN: So, Pat, this whole place is a flood zone.
PAT: Yeah. Oh, yeah.
GLENN: Already, with just the heavy Houston rains, it's almost up to your knees. People are defaulting, because they have to repair their house from the rain. Not hurricane.
From the rain.
PAT: I'm sure. I'm sure.
GLENN: This is a disaster of Biblical proportions waiting to happen.
PAT: Well, first of all, if you spit in Houston, it floods your house.
So you don't want to do that.
It's bad enough.
I can imagine the catastrophe that this place could be.
GLENN: So imagine, Pat. You've seen hurricanes here. You've seen what it's done. Imagine a brand-new community that floods during the rains, being hit by a hurricane. 90,000 people, out of a house.
GLENN: All illegal. Don't speak English. What's going to happen?
PAT: All right. Appreciate it.
GLENN: By the way, the fire department is a volunteer fire department for the county. It's got like seven guys.
STU: Amazing. All right. Glenn, it's -- by the way, BlazeTV.com/Glenn. Promo code is Glenn.
And, Glenn, if you need us to send you a copy of the show's schedule on an ongoing basis, just let us know.
GLENN: See you tomorrow.
The House Select Subcommittee on the Weaponization of the Federal Government recently held a hearing and Glenn knew it would be a wake-up call for how close we are to living Orwell's 1984. But it was even more disturbing than he thought it would be. "We live in two separate realities," Glenn says. While Republican lawmakers and journalists Matt Taibbi and Michael Shellenberger focused on exposing how our government is using psychological warfare against its citizens, the Democrats and their witness just kept comparing Trump to Hitler. "This is brainwashing...this is the worst of the worst," Glenn says. "And they didn't want to talk about it."
Below is a rush transcript that may contain errors
GLENN: Yesterday, there was a very important hearing in Congress on the weaponization of the federal government.
And I knew it would be a wake-up call about how close we are to living Orwell's 1984.
But in a surprising way, it was even more disturbing to me. And, you know, in the super boring way, that all government hearings are. I'm going to have to spare you from watching all of it. I have clips from it. And then go watch all of it.
I will summarize what happened. The hearing started from a speech from the Democrat ranking member about how there is absolutely positively none, zero evidence that the government colluded with social media to censor people.
Okay? This was the first five minutes. My eyes were ready to pop out of my head. But this was old news. We already know there's evidence.
We already have seen the Twitter files and everything else. But then she continued on that theme.
And then the democratic committee members, decided to talk about. Instead of the government colluding with social media, to strangle the First Amendment to death. They didn't want to talk about that.
They wanted to talk about Donald Trump. Seriously.
They brought in a witness, a former Homeland Security and counterterrorism adviser to Mike Pence, to talk about how Trump is literally Hitler.
VOICE: In your testimony, you cited violent language, increasingly incendiary language being invoked by President Trump about the so-called enemies. One of the words he used was vermin.
What does that echo in your mind?
Anything else come to mind, historically, who refer to enemies of the state as vermin?
VOICE: Yes, the horrible Hitler.
VOICE: And Goebbels.
GLENN: Yeah. And Stalin. And probably Mao. Not good people.
Not good people.
But here she is, echoing what every democratic member said.
Other than that Trump is Hitler. He wants to ban all Muslims. Overthrow the government. And he is going to start exterminating people.
Now, here's the second part of her testimony.
VOICE: Weaponization of the federal government is a serious topic that requires sober analysis.
And fortunately, what we see here today, and what we have seen from this committee over the past year, is instead of politically motivated fantasy detached from reality, members of this committee and their witnesses made grand and vague accusations about government censorship.
But those foggy allegations are refuted by the facts, that private social media companies moderating content on their own. Private platforms is not government censorship.
GLENN: Oh, my gosh.
VOICE: It is those private companies exercising their own First Amendment rights. To rid their platforms of misinformation.
GLENN: There is a treasure trove of documents.
You will not believe -- when you go down this rabbit hole, you must -- you must go down this rabbit hole.
When you go down the rabbit hole of what was released this week.
And I'm going to go into it here in a second. You will see the actual documents and emails. All right?
It was like watching two unrelated hearings playing over each other at the same time.
At one moment, there were witnesses talking about how our government is using psychological warfare against its own citizens. And then boom, Trump is Hitler.
We live in two separate realities. It's like half the country, recently came from an alternate universe, which got melded into ours. In some cosmic storm.
I don't know. Maybe this is global warming or something.
And sometimes the portal rips open. And the two universes sit side by side. Yet totally separate.
We're talking about how social media is colluding with the government. This is not just censorship.
Colluding with the government. And the documents prove, the US Intel and military industrial complex, to literally change the way people in America think. They are operating government psyops on Americans.
This is brainwashing. This is Manchurian candidate stuff.
This is -- this is Ray Bradbury.
I mean, this is the worst of the worst. And they didn't want to talk about it. This is a major issue. And we've got less than a year.
And if we don't solve this, we're done.
Now, I watched two men. Who both, I think were both lefties. Okay?
They were both Democrats and lefties. At one point.
But they are actual journalists.
Michael Shellenberger and Matt Taibbi.
Former Democrats, debating with a democratic congresswoman who so help me, was arguing that because there was only 35 percent of URLs labeled, removed, or soft blocked. That there was evidence that there was no censorship. And you could hear Matt Taibbi, say kind of under his breath.
35 percent of the First Amendment.
Okay. But at the same time. Pence's former adviser was saying, the only weaponization of the government we need to worry about is Trump.
Who isn't even in the government right now.
And since he's Hitler, you know, wouldn't it be best to get a hold of this government censorship apparatus? Before your Hitler comes back?
I have to tell you, there was also this bizarre effort to equate free speech on the internet, with horrific crimes. Listen to this. This is one congresswoman, Democrat, asking Matt Taibbi, if he was okay with having rape, live streamed online.
Here it is.
VOICE: Mr. Taibbi, yes or no, should social media companies allow rape and murder to be live streamed by terrorists on their platforms in order to create fear and incite violence?
VOICE: I believe it would violate their terms of service.
VOICE: So your answer is no. They should not be allowed to do that?
VOICE: Live stream rape and murder? No. I think that would count as speech that is prohibited under --
VOICE: Good. Good.
GLENN: It's not speech. It's crime! It's rape and murder. That's not speech.
I have to play one more clip of a democratic Congress man calling the whole thing a conspiracy.
But in doing so, actually explained what was happening. Oh, so very well.
VOICE: So if we really want to talk about the weaponization of the federal government. And we should talk about it. That's Donald Trump. That's not this grand, crazy conspiracy of how the administration has utilized the social media companies, against whom the First Amendment does not apply, in order to suppress speech.
GLENN: Thank goodness many of the committee members recognized that.
VOICE: So an agency funded and created we, the government. A partnership funded and created by -- or by the government's number one stated goal is to censor true information.
VOICE: The whole narratives. Whole ways of thinking.
VOICE: That should terrify everybody. Democrat, Republican, independent, young, old, anybody else.
VOICE: This is so critical to understand.
In whole thinking. This is not about the old censorship. Twitter was censored. That's not this.
There is censorship.
But now we have added covert operations, run and funded by the Pentagon, run by our military industrial complex.
In public/private partnerships, to destroy the lives, not only the narrative.
But then to destroy the lives of those who the government needs to be silenced.
Even if they know it to be true.
Then, active disinformation, you run by puppet voices and bots to get you to think a different way.
And it's not just about misinformation, that's out there.
They want to block anyone, on any narrative, that might disagree with the government's narrative. And do that in advance.
Remember, Michael added something really important here.
Whole ways of thinking.
'I Covered Myself with Bodies': Hamas Attack Survivor Details EVIL | The Glenn Beck Podcast | Ep 203
On October 7, 2023, Lee Sasi had plans to dance the night away with friends and family. She was just miles from the Gaza border at the Supernova music festival when an unfathomable horror began to unfold before her eyes. Hamas terrorists seemed to have only one goal: mass destruction, pain, and brutality inflicted on as many Israelis possible. “I was screaming out to God,” Sasi, a Jewish survivor of that deadly Oct. 7 attack on Israel, says about her time hiding under dead bodies in a bomb shelter right outside the festival. Around 30 or 40 people sought refuge in that bomb shelter. Only eight came out alive. On this harrowing episode of "The Glenn Beck Podcast," Sasi tells her story of survival in the face of pure evil. “They tried to eliminate us,” she says. But they couldn’t eliminate her. Now, guarded by a special kind of optimism she says she's always had, Sasi is determined to be alive for a reason.