The climate crisis continues! At least, that’s what the far-left wants you to believe. In fact, they believe this crisis is SO drastic that they’re willing to make INSANE demands about the ways companies do business. In this clip, Glenn reads from a letter sent to insurers from a group of some of the largest climate organizations. But it’s more than just a letter, Glenn explains. Their 6 demands read more like a threat: ‘We’re going to turn the machinery of public-private partnerships against YOU,’ Glenn interprets, ‘and run you out of business.’
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Alan Dershowitz: THIS is the ONLY way to STOP George Soros
Despite it potentially making him even more ‘unpopular,’ lawyer Alan Dershowitz tells Glenn he has ZERO plans to stop condemning billionaire George Soros (and his recent, scathing op-ed about Soros proves it). Dershowitz, Host of ‘The Dershow,’ explains why Soros’ money is incredibly dangerous to America, why the media refuses to call him out, and the ONLY solution to ending Soros’ harmful influence within the Western world…
Below is a rush transcript that may contain errors
GLENN: You are an amazing group of people. The world really didn't know about ESG.
We started talking about it, when it was just a conspiracy theory. And I think because of this audience and the audiences of Russell Brand, that people now know what ESG is.
And they're standing up against it.
The other thing that this audience, and I did it out of stupidity. I just didn't know, you don't touch this rail. I bet -- began talking about George Soros, 20 years ago, and speaking out loudly about him. And found him to be a very dangerous person.
Because of that, a lot of money was spent through Media Matters. And everything else. To in particular target me. And my voice.
And he has -- and he has rallied people, to say that I'm an anti-Semite for it.
Nothing could be further.
I won the defender of Israel award. I'm just saying. But you always claim, that you're an anti-Semite. If you speak out about him. I don't care what his religion. What his creed. What his race. I don't care about any of it.
I don't care.
He and America is now seeing it firsthand. Is systematically dismantling the West.
Look at what he's done to some of our cities.
His influence is dangerous. Alan Dershowitz has just written a very brave article. Alan, welcome to the program.
ALAN: Well, thank you so much. I think I was there, when you got the defender of Israel award. And I stood up, and I gave you a standing ovation.
You deserved it. And you're not only a defender of Israel, you've been the defender of the Jewish people. You have been the defender of religion. How dare anybody, call you an anti-Semite.
The only anti-Semite, that we discussed on the show, so far, is George Soros.
Who is a self-hating. He's not even a Jew.
He started his life by collecting the property of Jews, who are being sent to the concentration camps. That's how he made his first money.
He's devoted his money to hurting Jews. To hurting Israel. To hurting America.
And nobody is attacking us. Because he's a Jew. He's hardly a Jew at all.
As a friend of mine would put, he's Jewish only on his parent's side.
His mother, his mother, he brags, his mother was an anti-Semite. An anti-Semite.
So how dare anybody suggest, that criticizing George Soros is anything, but good for America. Good for the Jewish people.
I will continue to criticize him. As I've been doing along with you, for the last 20 years. Let people call me an anti-Semite.
GLENN: I tell you, this is not going to make you more popular.
I mean --
ALAN: Less popular.
I used to be one of the most popular guys around. And I defended Donald Trump, so all the Democrats hated me.
And I decided not to vote for Donald Trump, so a lot of the Republicans hated me. So it's me and my wife and my kids. And you.
GLENN: So, you make the point.
I mean, I don't know what it will take, because the media, is all in for George Soros.
He -- he funds, so many things.
And his son, I believe, is worse.
And he's got control, I think of 17 of the $19 billion. Of these funds.
But no one in the media will say anything about George Soros.
And he is dismantling our country.
ALAN: Well, and it's worse than that. The Jerusalem Post, had an article saying, every Jew must support George Soros. And I wrote back and saying, not this Jew.
I'm not going to do it. I see evil, where I see evil. I see good where I see good.
I support Christians when they do the right thing. I support Jews when they do the wrong thing.
And you do the same thing. I mean, you're not going to defend someone just because they're Christian, obviously. Some of the worst people in the world, have come from various backgrounds. And various ethnicities. You don't have to question, you know, what's your religion? But you don't ask the question, what is your religion? You ask the question, what did you do?
What have you done to America?
What have you done to fund prosecutors, who are not doing their job and politicizing the criminal justice system?
What do you do when you take an organization, like Human Rights Watch, which is a wonderful organization. Neutral, unbiased. And you turn it into a hate America, hate Israel, hate human rights.
And just use human rights as a weapon against conservatives and in favor of the hard left. That's what George Soros' legacy is.
I know his son. He has a house on Martha's vineyard. He seems like a nice enough guy.
For all I know, George Soros can be a nice guy in person too. But you judge people by their actions. And by his action, George Soros is -- is an evil -- I mean, you know, I think that -- that Elon Musk got it right. He's a super villain.
He's a super villain.
He may not be a cartoon character, super villain. But in real life, he's done an enormous amount of harm.
GLENN: You said, in your op-ed. You said, you won't call a Magneto.
Because you don't really know who Mr. Magneto is.
However, I've always said, I always thought he was more like the emperor in Star Wars. Oh, you think your friends will save you.
Anyway, you know, there are a couple of countries, I think one in Asia.
I think Hungary by may be another one. That has banned his, you know, Open Society Foundation. And his NGOs from coming into the country.
I -- it -- I mean, I think we should do that here.
THOMAS: I don't agree with that. But -- and I also think that there are some countries in -- in -- in Poland, and in Austria, and in Hungary.
There have been people that have you used sources, against him, in order to promote anti-Semitism.
We all condemn that. We all condemn that. In the same way, we will condemn if anybody used a Muslim heritage. Or Christian heritage. To condemn them.
You condemn the person, for what they did. Not what they are.
So I'm going to continue to condemn those Europeans, who point out, Soros' religion. Who compare him, for example, the Rothschild family.
The Rothschild are real Jews.
They establish Israel. They -- for the most part, were great people. And in that case, they only use their Jewishness to demonize them.
But that's not the case with George Soros.
And I'm going to continue to criticize them. And I encourage others to criticize them. Without reference to his religion.
GLENN: So I've never referenced his religion.
And I've actually given him the benefit of the doubt, his childhood, during the Second World War.
I mean, I wasn't in that situation. I don't know what I would have done.
And I don't want to judge somebody for that.
What has bothered me about that, is he's said, he's never given it a second thought.
He's never had any question about what he did.
ALAN: And he said, if I hadn't done it, somebody would have. That's what everybody said, during the horrible, horrible things in Germany. No. You stand up for what's right.
You know, I still love to hear him explain his statements. His bragging statement that his mother was an anti-Semite. Because that's something to be proud of.
You know, my father was a hard-working guy. I'm very proud of him.
He put me through college and law school.
I'm proud of my father. But the idea of saying, your mother was an anti-Semite.
There must be something about that. That makes him gloat with glee.
You know, what he argues, is he doesn't like particularism. He likes universalism.
Just an excuse. That's just an excuse.
What he doesn't like, is Israel. He never has.
What he doesn't like is America.
The country that saved him. And saved so many of us, and our parents, and our parents, and our grandparents.
You know, my -- my grandmother came from a little -- Poland. Was such an American patriot.
She would take us on July 4th, to the Statute of Liberty. Make us pledge allegiance.
And then sing in her broken accent, the Star-spangled Banner, including the second verse. Which nobody knew, but my grandmother did. The accent. Knew the second verse.
Because she just loved America.
And she loved Israel.
And, you know, she -- I'm so proud of -- of her.
She made it from nothing.
And George Soros, he made a lot of money.
That's automatic. That's -- but to use his money. And the way he does.
In such a destructive manner, is appalling.
And deserves to be criticized. And I will continue to criticize him.
I got a lot of flak for doing it.
But I will continue to do it.
GLENN: All right. So let me ask you this.
So the only solution to -- and I am asking you sincerely.
I don't have an answer.
The only solution to his use of money, the way he uses it. For instance, in all of our cities, is just to expose him, and talk about it?
ALAN: I think so. I mean, there are ways of limiting expenditures.
But they run into the Constitution. And generally, I don't support, you know, money as free speech.
ALAN: And so let him do what he wants to do.
But, you know, let's condemn him, for the way he spends his money. And the way he tries to influence America. So I wouldn't take away his money or take away his ability to influence.
GLENN: Oh, you can't.
ALAN: But I would hope that people wouldn't be influenced by his money to defend him. I think a lot of people jump to his defense. And criticize us are probably direct -- or indirect beneficiaries of his money.
GLENN: Oh, yeah. Oh, yeah.
ALAN: That's why other organizations like that jump to his defense, immediately. Because they want his money.
GLENN: Thank you so much, Alan. For everything that you do.
And just -- just another notch there, on the popularity poll.
For Alan Dershowitz.
Thank you so much, Alan. I appreciate it. You bet.
Alan Dershowitz. Harvard Law School professor emeritus. Host of the Dersch Show, which is a great podcast. And the author of Get Trump.
Not that he was saying, get Trump.
STU: I don't think we've ever had a guest on, that's been more negative on George Soros than you.
I think we just set a new record.
That was impressive.
Can you call Alan Dershowitz an anti-Semite? Is that what the next step in this little charade is?
GLENN: No. They will ignore it.
Or they will just say, he's going senile. Or whatever it is.
They will find their attack.
The REAL Reason Democrats Are ALL IN on the Ukraine War | Ep 280
Why has the Biden administration been doing everything in its power to ESCALATE the war between Russia and Ukraine rather than seek peace? A couple of months ago, the Pentagon announced its largest budget ever — $842 BILLION. Half of that will all go to military defense contractors. The military-industrial complex is one of the largest businesses in the world, and it has penetrated nearly every branch of government, including the office of the president. Glenn follows the money trail to reveal who is making money from the war and asks: Who’s REALLY directing United States foreign policy? Florida congresswoman and Air Force veteran Anna Paulina Luna is one of only nine Republicans calling to end funding to Ukraine. She tells Glenn that behind the scenes in Washington, there seems to be a larger political motivation than to just “stop Putin.” And she reveals what Ukraine representatives have demanded in meetings with her: “They’re telling us we must continue to fund the war, they want F-35s, and it’s the obligation of Congress to do so.” Investigative journalist and “Just the News” CEO John Solomon tells Glenn why he thinks Biden is so obsessed with Ukraine and why the FBI is “playing a game of keep-away” with House Republicans who seek a document to prove allegations that then-Vice President Biden was engaged in a pay-to-play scheme with a foreign national. Plus, he gives Glenn a sneak peek at what a “Just the News” investigation found after receiving access to January 6 tapes from the Capitol. “There are security vulnerabilities, details on the pipe bomber suspect, and footage of Nancy Pelosi exiting the building.” “This is footage Democrats would NEVER want released,” Solomon says, and it’s all coming soon …
EXPLAINED: A possible banking CRISIS & what YOU should do
Weiss Ratings rates banks, stocks, bonds, and cryptocurrencies daily, closely monitoring the movements that happen within each sector. And they’re GOOD at it. In fact, of the 539 banks that have failed since 2009, they’ve given prior notice about 535 of them. Dallas Brown, a Weiss Ratings Publisher, joins Glenn to discuss which of today’s banks currently are facing possibly failure or crisis. Should Americans be concerned about our nation’s big banks, or is it only smaller ones and credit unions facing trouble? Plus, what should YOU do if your bank is at risk…? Listen to this clip to find out why you should NOT panic about today’s uncertain banking situation…
Below is a rush transcript that may contain errors
GLENN: All right. Welcome to the program, Dallas Brown. How are you?
DALLAS: Hey, Glenn how are you doing?
GLENN: I'm good. I'm good. So I don't know if you know much about me, but I tend to think, that we are running a shell game with our banks and our federal reserve and central bank and our Treasury.
And I think we've done such damage to our banks.
And they are just printing money to keep everything looking like it's okay.
I saw your -- so that's my point of view, so you know where I'm coming from.
And I want you to correct me, you know, and enlighten me, if you have anything better to say.
I have not heard of Weiss Ratings before. But I know you guys have been around for about 50 years. And in the last bank crash, I think you guys were the ones leading the way saying, trouble. Isn't that correct?
DALLAS: Yeah. But let me just jump in and tell you who liked this and what we've been doing. So this analysis we did isn't something that we just did one time. We rate banks and many assets. Stocks, insurance companies. Bonds.
And crypto. Daily.
And so we see the movement that happened, based on the liquidity of banks. Capitalization. Stability. And so we're very vigilant. Our analysts are very vigilant about this. And so Weiss has been doing this. They started rating banks in 1971.
DALLAS: So Martin Weiss is the founder. And his father, actually back in 1930, his name is Irving Weiss.
He predicted the failure of the bank of the United States.
And so that's where the catalyst of this came. So in 1971. He got together with his son. He started rating banks for safety for consumers. And so we rate every bank.
And so it's not just banks. It's also credit unions. So in 2008, you know, we -- we named in advance warning all the major banks that failed during that financial crisis.
GLENN: I mean, you were -- I think the only guys that said, Bear Stearns and Lehman Brothers are going.
DALLAS: Yeah. Yeah. So it was weeks before Bear Stearns, and it was like 100-some-odd days before Lehman Brothers. They're gone. It's an end game with them.
But since 2008, there have been 539 bank failures.
And we have given advanced warning on 535 bills.
And some of the other ones --
GLENN: Jeez. Okay.
DALLAS: So this isn't something we take lightly here. It's important -- it's important for consumers. But we kind of agree with you.
It's not the bank's fault 100 percent. It is the government. It is the government forcing them, to push this money out. Not letting the free market play a key role in regulating the banks.
DALLAS: And they just keep stepping in to protect banks. Protect them from the market.
Created this monster that will be tough to fix or save.
And it's only really benefiting, at least at this point, the big banks. Everything keeps getting folded into these banks, that we said were too big to fail. And so we have to make them smaller back in 2008.
They are just getting bigger and bigger and bigger. I mean, it feels like we're going to end up with, well, just a Bank of America.
DALLAS: Well, hopefully that doesn't happen. Because that's not good for anybody in our country at all.
DALLAS: I was talking with a president. Of a regional bank, not too long ago.
And he was talking about a nationalized bank, and I was just like, why? Why are you talking about this?
This is not something that we -- we are discussing -- we need the privatization --
GLENN: Correct. So go ahead.
DALLAS: So this is what we found. This is what we found.
Basically, what's happening, because of how quickly they raised interest rates. Right?
There's a lot of banks that are holding bonds.
And when someone comes and does a bank run. Or we have a lot of people taking out deposits. Especially ones that have high uninsured amounts. So that's people that have over 250.
The banks are having a crisis. And if they don't have the liquidity. Or they don't have the cash to cover those. Like a typical bank run. They have to sell their abandons. And on their balance sheet, the bonds are marked, or held to maturity.
And so they have them marked, as if they were going to sell them in ten years. In 20 years. In 30 years.
But then they have to take them now. And they take a loss. And so after that, if the money that they're taking exceeds the capital, for the bank. Then somebody has to step in and save them.
We only have two options. Either we bail out regional banks. If this starts happening.
Or we sell them to the bigger banks. And we lessen the free market.
GLENN: Okay. So this is what I read, what, a week or so ago.
1210 institutions. That's banks, and what do you call them?
That's 12.8 percent of our banking system. Got a red warning flag, signaling risk of imminent failure.
Three thousand received a yellow warning flag, indicating risk of failure in a financial crisis, or recession.
And 45 banks, 45 percent of all banks, and credit unions, were deemed vulnerable.
Well, if the 12.8 go down, then you have a financial crisis, or recession. And that just triggers the other three thousand, does it not?
DALLAS: So a lot of these banks are teetering, right?
They're getting loans from other banks. They're selling their assets, to be able to cover, if any type of run happens.
So what we're saying is, there are -- 12 percent, or 1210 institutions are at a point, where anybody decided to pull money out. Or we had some sort of small panic. They're not surviving. It's not happening.
And that is a lot to do with the fact that they don't have the liquidity, based on the short-term and long-term demands.
So when we rate banks, we have five different ratings. And there's 154 data points, we look at, within that rating.
And then we compare them to the stability across all of our data on those banks. And so we compare 6,000 data points to figure out what is the stability of this bank. And we rate every bank, A through E. Okay?
And so A and B are more stable. C is vulnerable.
That's the yellow flag, right? And D and E are the red flag. But there is -- there is quite a bit, even in that yellow flag. That if we hit a recession, or we come into a new financial crisis, they do not have the liquidity or the cash on hand.
To be able to survive.
GLENN: So what does that mean to the average person?
I've been telling people, don't pull your money out of a bank.
Unless, I think you're foolish for putting more than $250,000 in a bank -- a bank account, especially if you're an individual making business, I understand.
But you put -- you're going to get your money back. Now, how much your money is worth in the end, is another story.
But don't pull your money out. Because you will get that money if it fails. Right?
We don't -- first off, we don't want to cause panic. Right? That's why the FDIC. Who understood that a lot of problems with these recent bank failures, they had a lot of uninsured accounts. Right?
They were over the 250,000 dollar limit.
But the first thing is, don't hedge your bets.
Don't think that the FDIC has the Capitol to cover everybody, because they don't.
Right? When they came out and said, we will cover all accounts. I'll give you 250,000.
That just -- they're just paying lip service. That's exactly what they're doing.
GLENN: Well, I think they'll print the money. That's why I say, I wonder how much it will be worth in the end. They'll just print it.
DALLAS: So it's not the FDIC that will bail them out. It will be the US Treasury that will bail them out.
DALLAS: So the first thing I would do is never have 250,000 dollars.
DALLAS: Spread them out.
Because each county is actually insured. So you can have one in one and one in the other. And have a total of $500,000.
GLENN: In the same bank?
DALLAS: Yeah, as long as they're in separate accounts, it's the accounts themselves that are insured.
So when you say, signaling a risk of imminent failure, that means if something happens.
Or -- I mean, imminent failure usually is like DEFCON 1. A war has started.
DALLAS: So everybody -- anybody that is on -- listening right now. Can go to Weissratings.com. And see what their bank is rated. They don't have to do anything.
There is a search at the top. You get all the information.
You don't have to pay for it.
We do this. Just because we care about the everyday person.
And so you can go right now, and see what your bank is rated.
If your bank is rated red, there's a possibility, and I'm not going to say it's happening.
But if it's rated a D or an E.
There's a possibility, that even without a crisis, they could go under.
STU: So what do you do if you're in one of those banks?
Because I don't want people to panic or freak out, but I want them to be safe.
So what do you do if you're in one of those banks?
DALLAS: So right now, it's not an issue.
We do not have an issue. So we're not panicking. Nobody needs to panic. Nobody needs to go take their money out.
They need to be careful, right?
They need to see where their money is. See why -- because you can see right there, why the institution is -- and if it's a profit problem.
If it's a stability issue.
A lot of these -- a lot of these are really small banks. Right?
DALLAS: And so what they need to do, is they're going to be covered.
Everything is covered. Credit unions are covered.
Banks are covered under the FDIC.
And if you're in one of these small banks. You're just going to be pushed into. Like we saw with the other banks failures that will happen.
Into the other banks that advice your assets.
Or it's taken over, until they can take them off the accounts.
So it's going to be seamless for them.
But, you know, it's -- it's -- we have them there.
Just so when people are looking to get into banks. Or looking to not have to deal with this. They know.
STU: They know.
Let me take a break. I want to ask you about Bitcoin.
I want to ask you about insurance.
But I also want to ask you about the bank big banks. Are any of the big banks in trouble? We'll go there in 60 seconds.
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Okay. Any of the big banks in trouble?
DALLAS: So I can't give you specifics right now, on individual banks.
DALLAS: I love to do it. But I have -- I have the overall information.
But normally, normally, I'm going to say this: A lot of the big banks, are highly rated for us.
Okay? Which means, they're -- they're a B. Or an A.
I'm looking at JPMorgan right now. They're an A-plus. They have some liquidity. They're a major bank.
And so they seem safe.
But the issue here is, it's not that they're in trouble or not.
It's a catalyst system. Like when we saw in 2008, it's a catalyst.
Like people end up holding back for other people.
DALLAS: On bad days. We have some interesting things happening shortly. Like, the commercial lending industry is going to go through a little bump in the road.
GLENN: Yeah. I don't think that's a little bump in the road.
GLENN: There's a lot of big commercial debt, especially in these giant cities.
Who is going to -- who is going to fund these things?
And then what kind of interest rate, is it going to be?
I mean, I just -- highway you are going to renew all this commercial debt?
DALLAS: Yeah. There's a lot of issues. Terms coming. There's a lot of issues with cap rates just getting annihilated.
And so we're -- we're going to see big discounts. We're going to see big discounts on commercial properties.
And the thing is, I was -- I was listening to a pundit the other day. Not to quote some of the others that I am listening to. But they were saying, they foresee -- there's so much cash out there.
And people are being hesitant about getting into these commercial deals.
They may not even get the foreclosure. They will just be bought on discount, to other investors. Because they haven't been wanting to jump in the last year. Because of the crazy interest rates.
DALLAS: And so. I don't know.
I can't forecast. I'm not an expert.
GLENN: Yeah. Right. Just your ratings -- so tell me do you rate Bitcoin? I've been concerned about Bitcoin.
DALLAS: We do rate Bitcoin.
GLENN: Because with everything that's going on with the Federal Reserve and the government, how do you rate Bitcoin?
DALLAS: So we have Bitcoin rated now as an A-minus.
DALLAS: So you have to understand, we individually rate each asset.
So because Bitcoin is an A-minus. Does not mean that it's better than Apple as an investment.
So we rate things within their own industry. And so we rate all cryptocurrencies, around cryptocurrencies.
We rate all banks, around just banks. We have individual algorithms for each one. So insurance is another one, we've been dealing with the mess in Florida.
Which you probably know about. With the insurance.
And we downgraded the -- the back stock insurance company
For the state of Florida. Because its citizens. Because it -- it's a mess over there.
They're losing money.
And, you know, it's another big hurricane season, just is damaging to the current state.
And right now, we've been currently working with the ledge a little bit.
To try to help them out. To fix this issue. But it's a large issue.
We're basing for it. We care about that.
GLENN: Dallas, thank you very much for coming on and being a voice of reason. And also of warning and not causing any panic from anybody.
But just sharing the information. I appreciate it. Thank you.
DALLAS: Yeah. No problem.
GLENN: Weissratings.com is where you can go. And you can see the ratings of your insurance companies, your banks, et cetera, et cetera. How stable are they.
Do not panic. Do not pull your money out of banks. I mean, if you have more than 250,000 in an account, split it up. But don't pull your money out of the bank.
It will be a self-fulfilling prophecy. Weiss. W-E-I-S-Sratings.com.
How Should Christians FIGHT BACK Against the Rainbow Mafia? | The Glenn Beck Podcast | Ep 188
Sometimes, the only way forward is backward. For instance, the modern obsession with “my personal truth.” The solution to this destructive force, according to author and podcast host Spencer Klavan, lies in ancient wisdom and the timeless question, “How is that working out for you?” Spencer joins Glenn to apply his expertise in classic literature and philosophy to the enigmas and culture wars of today, from the hubris of atheism to the rot of academia. And with a Ph.D. from Oxford, he knows a thing or two about academics. He walks Glenn through how the innovations of science have led to the religion of science, which in turn has bred horrors. He explains why he says, “Transgenderism is transhumanism.” And as a gay man, he responds to the destruction of truth in the name of people like him, including the possibility that Pride Month could be used to paint any dissenters as “Christian nationalists.” Spencer also walks Glenn through the big ideas in his latest book, “How to Save the West: Ancient Wisdom for 5 Modern Crises.” But, despite it all, there’s room for hope, he says. The decay of society may just be a great opportunity to make civilization better.