RADIOJanuary 30, 2024

THIS financial law could DESTROY your investments

States are starting to move against a little-known law that could destroy your financial investments. The law, originally introduced in the 90s, was sold as a way to shore up the financial system. But in reality, it was a way to bail out big financial institutions by allowing them to use YOUR investments as collateral in the event of a financial collapse. “It could mean you lose everything,” Glenn says. “It takes the insane ‘you will own nothing’ promise to a whole new level.” One state, South Dakota, is now moving to fix this broken rule and other states are gearing up to join. Now is the time to stop this, Glenn warns, before any real economic turmoil hits.

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. Have you ever seen on like your electrical cord, it will have a little yellow tag. And it will say UL. Have you ever seen that?

STU: I don't think I've noticed it.

GLENN: So electrical things, will usually have a little UL seal of approval.

That is the uniform law commission.

These are the people that make everything uniform. It is -- it's been around forever.

And I'm not saying it's a bad thing.

But they've started to go into places, where I don't really think they belong.

In the 1990s, lobbyists and big financial institutions and lawyers, at the UL commission examining. Successfully convinced lawmakers in all 50 states, to make significant changes to individual property rights.

Oh. Especially those related to investment accounts.

I want you to listen to me carefully on this.

You know, as I know, that South Korea, Iran. If they could get rockets up into the air, over the United States. And they had nuclear weapons. They could explode them, up in the atmosphere, and three nuclear weapons, would fry all of our electronics.

And it would take us at least a year to get back on our feet.

If it happened globally, it would be a disaster. And millions and millions would die.

Millions would die here in America.

Now, this is something that insular understand.

We've never really hardened our electrical grid.

We've hardened the government.

But the government has never spent the money to harden the rest of us.

I think that's kind of important.

I wouldn't mind spending some time and money, on hardening the grid.

We have our grid falling apart, it is a low probability that that would happen.

But just astronomically high consequences.

This is the same kind of thing, except I think it's more likely than an EMP. But it is worth paying attention to, because it is catastrophic to you.

The changes in the state codes, in the 1990s, were justified by banks and other financial institutions.

By appealing to shoring up the financial system, and moving away from the heavy use of paper, such as paper stock certificates.

In reality, what this did, was it was a design, to bail out big financial institutions, especially banks.

In the event of a future financial crisis. All at your expense.

Here's how it worked.

States changed article eight of the uniform commercial code.

A state law passed in all 50 states.

So the investment intermediaries.

Now, who is an investment intermediary.

Well, that would be like fidelity. Or Merrill Lynch. Or anybody who you were buying your stocks from, you don't actually hold the stock.

Okay?

They own the actual stock. And they're holding it, on behalf of you.

So this change means, that you, the purchaser, don't actually own your investments.

The stockbroker, or the intermediary does. This rule applies to stocks, to bonds. To mutual funds.

Exchange traded funds. And other common forms of investment.

Including investments held in retirement accounts. Such as 401(k)s, or IRAs.

What does this mean.

Well, hopefully, nothing.

However, if you believe the banking system is weak.

If you believe that you could see a major shift with a catastrophic black swan, hmm, it could mean you lose everything.

It -- it takes the insane, you'll own nothing promise, to a whole new level.

Now, the changes didn't stop there.

The code also allows for these stock brokers and other intermediaries, holding your investment. Now, see if this sounds familiar. To use them as collateral in their own financial agreements.

So it's like getting a loan, from a bank, using your neighbor's car. No.

If I don't pay it. Then just take my neighbor's car as collateral.

Wait. What?

Says the neighbor.

And he does it, because he parks your car in his driveway occasionally.

So if you don't pay the loan back, the bank gets to take your neighbor's car.

That's what this is, except the car, is your investments.

Everything that you've worked so hard for.

The reason why this is so dangerous, is if the intermediary goes abrupt, the stock you think you own, can be taken by another big financial institution, who is owed money by that bankrupt stockbroker. And they'll take your fund, to cover it.

Let me give you an example. This is hypothetical. Imagine you contact a stockbroker.

Or maybe your investment manager does it for you.

You purchase 100 shares of stock in Tesla. After you pay the price of the shares, the broker fees. The broker then would add those 100 shares of Tesla to your account.

I own 100 shares of Tesla.

But you don't.

The stockbroker does. Then he can turn around, and use those shares, as collateral, in his own financial agreements, with larger institutions.

So now imagine, that your stockbroker, let's say it's Fidelity. Goes bankrupt.

But there's no rumor of that happening.
Okay. I'm not bringing this up. Because there's anything happening.

I'm bringing this up, because you should know this.

Imagine Fidelity goes bankrupt, because of a massive financial crisis.

Not that that could ever happen, right?

Never happen. If Fidelity owns money, to say Bank of America.

Bank of America could take your 100 shares of stock, as well as a whole bunch of other people's investment, as payment for the debt, that your stockbroker owns -- owes to Fidelity.

If you're lucky, you'll get table scraps in bankruptcy court.

Okay.

That's the problem.

Is it real.

Yes.

What do you do about it?

Well, the first state is now fighting back on this.

And it's South Dakota.

More help is needed. If the financial system ever crashes again, then everything will probably be fine for you and your investment.

But if it does crash, tens of millions of Americans, could be at risk of losing all of their investments.

Including what's in their 401(k) or IRA accounts. Here's the good news.

Monday, South Dakota law makers introduced a House bill, 1199.

This will rewrite the commercial code in South Dakota. So that you get to keep ownership, of what you own, in investments, regardless of whether you used an intermediary like Fidelity or Merrill Lynch.

That is yours.

Now, the bank lobbyists are hating this. Financial institutions, are hating this. And they're pushing hard in South Dakota. Kristi Noem is still looking at the issue. If the bill passes in South Dakota, it will be the first step towards fixing this broken system in all 50 states. But it must be addressed. It must be addressed.

This isn't the only thing. They have changed a lot of the banking rules. The Barney frank. Remember Barney frank.

You know. And they did this big investigation.

So what happened in 2008.

Except, they didn't do an investigation.

They just all got together and said, well, we will fix it this way.

Well, wait. What caused it?

We will fix this, this way. And they put a lot of things like this. Into your bank.

Read your bank contract, carefully. Paragraph so legislators are already working similar bills in other states.

We are watching, and they are watching, what's happening in South Dakota closely.

We need states to make these changes now.

Because, we know the financial system is not the picture of health.

No matter what Joe Biden or anybody else tells you. If it collapses, with the current laws in place, it could mean that American families will end up getting crushed.

All to protect the big banks. And the billion dollar institutions.

Now, that doesn't sound like part of the game plan for the WEF at all, does it?

Uh-uh. Pensions and government funds, could end up getting caught in this crisis as well. Now is the time to stop it. Because there is no crisis.

Now is the time to, you know, harden the infrastructure. Just in case. You harden it, and you don't have to worry about it.

You hear the threat, and you don't do anything about it. Then when things get dicey, you constantly worry about it.

In South Dakota, call your lawmakers. House bill 1199.

Check that bill out, give it to your own lawmakers in your own state.

We've got to protect your investments.
The problem with '08 is nobody was paying attention to you.

Everybody else got bailed out. With your money.

We're still paying, for what they've given, not just to the banks. Not just to the big businesses.

But to the entire world.

They took our money, and gave it to people, they thought deserved it.

You didn't get anything.

Except, the bill.

We have to do this, before there's an issue.

Exposing the dangerous roots of queer theory

In this explosive conversation, Glenn Beck and Liz Wheeler expose the disturbing roots of gender ideology and queer theory — and how these radical ideas are directly targeting children. From the shocking origins of queer theory, where pedophilia and child pornography were openly defended, to Planned Parenthood’s new role as one of the largest distributors of transgender hormone therapy, the truth is undeniable: this movement is not about freedom or equality, but about dismantling families, corrupting innocence, and profiting off of our children’s pain. What we are witnessing is nothing less than a satanic ideology dressed up as compassion — and it’s spreading like wildfire through schools, culture, and medicine. Parents, you need to hear this. The time to protect your children and fight back is NOW.

Watch the full episode HERE

Glenn's "secret" to conquering the JFK fitness test

President Trump recently signed an executive order to reinstate the Presidential Fitness Test and the media is in a frenzy. But Glenn and Stu look back at the history of these tests, including JFK’s version of the Test that seems IMPOSSIBLE for modern Americans. But Glenn has a secret reason for why he’s confident in his pull-up abilities…

Transcript

Below is a rush transcript that may contain errors

GLENN: What is the -- what is the new physical -- the president's physical fitness, you know, plan?

STU: Well, the thing that RFK Jr and Hegseth were rolling out the other day. I don't know if it was the full test or anything, but they were issuing a challenge to America, to be able to do 100 pushups and 50 pullups within five minutes.

GLENN: That's crazy.

STU: Thank you! That struck you as also crazy.

I don't think there's ever been a time in my life, that I could do that. Let alone now with shoulder problems. And much too much weight.

GLENN: All right. But that was before I needed this walker.

STU: I don't think there was a time in my 20s or my teens, that I could do that. But that -- in five minutes? Fifty pullups?
GLENN: Both of them in 5 minutes.
STU: Yeah, both of them. So it's not like 100 pushups in five minutes. It's both tasks within five minutes.

GLENN: No. No. That's not true.

STU: RFK Jr. is just doing it in jeans.

GLENN: Yeah, well, RFK, he's -- he's a weirdo. I mean, he is. Come on. When it comes to fitness, he's a weirdo.
STU: Yes.
GLENN: I mean, he's done this his whole life. He's like 800 years old. He can still do it.

STU: Yes. Depressive, I will say.

GLENN: I don't know. He's a sex machine.

STU: Oh. That's been a problem for him. Yes, that's been an issue in his life. Yes.

GLENN: Okay. All right. Go ahead.

STU: Separate from the president's physical fitness test.

GLENN: Right.

STU: But, I mean, they don't, they don't really think we're going to do that, right?
Like, I mean, how long would that take you to do?

STU: I think for me, it would take a good month. I think a month, I could probably get two pullups a day. That would get me around, a little over 50. So I could do that. Plus, the pushups. A solid month, I could get that done.

GLENN: You could do more than two a day. You could do more than two a day.

STU: You know, Glenn, I've got to say. I think -- I will throw a number out there. No science behind this, so just as a guestimate.

I would say 40 percent of the population can't do any pullups. Maybe 30 percent. Thirty percent of the population can do exactly zero pullups. Precisely zero, so an infinite amount of time would be a correct answer for a third of the population.

GLENN: I think you're -- I think you're being -- I think you're being a little too optimistic. I think it's closer to 40 or 50. I think it's closer to 40 or 50. Maybe 60 percent.

STU: Right! Pushups are one thing. I mean, I think almost anyone can do a pushup. One --

GLENN: You can do a pushup. Yes. Yes.

STU: Singular pushup. And if you can do one, you can wait long enough, to do a second one.
And at some point, the hundred gets done. That's not the case with pullups. Pullups, you can sit there and think about how much you want to do a pullup for a really long time. But that doesn't make a pullup happen. If you've got a certain amount of weight on you. You're not doing a pullup. It's not occurring.

GLENN: I have no idea, how many pullups I can do.

STU: I have an exact number of pullups, you can do.

GLENN: Do you? You think so?

STU: Yeah. Yeah. I have the exact number. I have to calculate -- AI has been running a report on me. It came up with zero.

GLENN: Right. Right. Really?
I can do. I mean, this is so pathetic. Listen to this. I bet I could do three. You know, you could do three.

STU: In a row? Proper form.

GLENN: What do you mean in a row?

STU: I mean, holding on to the bar, without letting go, you're doing three. There's no way. I don't think so.

GLENN: I think I could do. Well, with proper form, I don't know about that. I don't know about that.

STU: I'm not saying it has to look pretty. You have to get your chin up above the bar. It can't be one of those things, where you're a quarter of the way up there.

GLENN: So I can do one and rest for ten minutes. I could do another one.

I think I can do that.

STU: If you -- I'm not saying, you jump up, and you pull yourself up as you're pulling up. Full hang --

GLENN: See, you may not know this.

But you know what, I've done the DNA test. Have you ever done the DNA test that tells you all about your genes and everything else? Mine came back with something remarkable, and I have to share. You might feel bad, next.
(laughter)

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They will make that happen. Their mission is really simple. Help you take control of your life. To help save you. Help you finally see the light at the end of the tunnel, because the American dream, that opportunity to do great things, it doesn't need to be reinvented.

It just needs to be made possible again. And that could start with American Financing. So call them. American Financing. 800-906-2440. 800-906-2440. AmericanFinancing.net.

STU: Coming up next, Glenn attempts live pullups on the air. Stay tuned!
(OUT AT 8:29 AM)

GLENN: You know no idea what who you're dealing with. No. You don't have any idea who you're dealing with here.

I got my DNA test back like 10 years ago. And we all -- we all took it, because we were looking for things. And so we all took it. My DNA test came back, and everybody in the family, their test made total sense. Like, oh, yeah. That makes...

Then we read mine. We have to find -- I have to find. See if Tania has it still. We should have had it framed. I swear to you, they -- they mixed me up with somebody else.

Somebody else is like, wait a minute. I'm this pathetic? Mine came out and said, you have the muscular structure of a -- of a -- something like a -- an elite athlete. You have the abilities and agility and everything else of an elite athlete. And I'm like, there's not a chance. I don't have any of that!

I don't even know if I have muscles. I have to check once in a while, and go, do I have muscles still?

Doctor is like, I don't know. Can I? Ask just press against my hand on the leg. I don't know.

You know, I don't know how to do that exactly. So --

STU: You sure it said elite athlete and not elephant? I mean, if they misspelled it.

GLENN: It was.

I was having eye problems at the time.

STU: No!

GLENN: I mean, we read it. And I was like Tania, I believe that for Tania.

Maybe they switched me and Tania. Because Tania is really strong. She'll kick your butt.

She works out every day. All of that. Me? Never. Never.

And it kind of makes me wonder, when I get to the other side, and the Lord went, okay.

So what did you do with your life again?

Because I gave this incredible body, and you wasted it the whole time.

And I'm like, you should have been more clear, okay?

You should have been more clear. I -- maybe I could have played basketball. But I tried once. And it was embarrassing. It was embarrassing. It was like sixth grade. And I'll never live -- I don't even want to think about my time on a basketball court. Okay? So don't -- don't start with me. You should have made it a little clearer. When I first started to do stuff. And I think that's fair. I think that's a fair argument. In my defense. In my defense, Your Honor, God, you should have made it a little more clear.

STU: Yeah. I mean, if they really wanted us to do this, then the 11th Commandment is 50 pushups, and -- or, 50 pullups and 100 pushups, right?

Like, put it in a commandment if you really want us to do it. You have to be more specific, we're Americans.

GLENN: Okay. So let me give you the top of the list for the JFK Presidential Fitness Test. Okay? This is what you had to do in high school. In high school.

Thirty-four pullups. Bar dips: Fifty-two. What's -- because I believe I did that. A long time. And I don't recommend it.

STU: It's not a barhop.

GLENN: Oh, it's -- oh, bar dips. Okay. Okay. All right.

Bar dips: 52. Handstand pushups: Fifty. What are handstands?

STU: Oh, my God. Handstands.

GLENN: I can't even stand on my hands. Is that I'm doing a handstand and a push up? Because that's not happening. You're not human.

STU: Yeah. You're balancing yourself on your hands. Your feet are above your hands on the wall. Like a wall. And you're doing --

GLENN: Oh, so you're balancing yourself. That makes it a little easier. Still impossible.

But a little easier.

GLENN: Impossible. You could do precisely zero of those.

Aright. So you had to do 50 handstand pushups.

Or one arm -- 30 -- no, sir.

Twenty-six one-arm burpees in 30 seconds. Is that a one-armed push up?

STU: No. Well, you're bracing your yourself like you're about to begin a pushup in a burpee with only one arm, which that's not that difficult.

But then you're doing. Then you're like, you move your feet towards your hands. And then you jump up in the air basically. And then you do it repeatedly.

GLENN: No, no, no. That's ridiculous. No.

STU: There's a law of gravity. You're not supposed to violate it. If it was a recommendation of gravity, then maybe jumping would be appropriate. But it's not. Follow the law.

GLENN: In 48 seconds, you had to do a 3300-yard shuttle. Now, I've been to the airport. I think I've done a 3300-yard shuttle, but it depends on who is driving. You know.

STU: Yeah.

GLENN: Rope climb. Try this. Rope climb. Twenty feet, hands only! Sit start.

STU: That's what I remember from the president's physical fitness test. And I remember looking at that rope, like, no chance I could get up that thing.

GLENN: I remember looking up at that thing. Humiliation. Humiliation is coming my way. I'll never kiss a girl, because that ain't happening. I'll get maybe 10 feet up. Maybe. Maybe.

STU: And you were right for 24 years from that time, approximately.

GLENN: Agility run, 17 seconds. Extension pressups, what? What?

I'm sorry. Why am I so tired reading this?

Extension pressups. What's an extension pressup, 8-inch? You had to do 100 of them.

STU: Let's see. Exercise. An exercise for low-back pain involving lying on your stomach and pressing your upper body up with your arms while keeping your hips relaxed and down on the mat.

GLENN: Oh, I could do that know. 8 inches.

STU: The last part of it, relaxing down on the mat.
GLENN: That's what my doctor says I should be doing. What?

STU: I can do relaxed and down on the mat. That part of it --

GLENN: Yeah. I could do that -- I'm the only guy. I took yoga for a while, like three weeks. My wife is like, yoga. You could do yoga. Let's just do yoga together.

I did. And the yoga instructor said to me. Because we were doing a plank.

STU: Yeah.

GLENN: And she came and all I remember her waking me up. And saying, I think you're the only person I've ever -- ever taught that fell asleep in yoga. And I'm like, it's just so relaxing. Just let me sleep. Let me sleep.

STU: That's interesting, that you did yoga. Is there any footage of that? Any video that we could post? That would be good for --

GLENN: No. There's not. You had to do pegboard. Five trips of pegboard. And I think that's when you have the two pegs.

STU: Yes, it was a board.

GLENN: You have to take it out, and put it up, right?

STU: This is American Ninja Warrior. No way.

GLENN: There's no way. There's no way.

STU: This is amazing.

GLENN: Try this one: You had to do a 45-second handstand. I've never been able to do a handstand. Never!

STU: Never.

GLENN: And I'm an elite athlete. I'm an elite athlete. Try this one: A man carry, 5 miles.

STU: What? What do you mean a --

GLENN: Five-mile man carry.

STU: Is a man carry as obvious as it --

GLENN: I think it is.

STU: You're carrying --

GLENN: If I'm going to carry that man, you have to carry me that man for five miles.

I'm not sure, I can't carry any man for any miles. I mean, if I am -- if I am a firefighter, count on burning in the house. You're going to burn in the house. Because I can't carry you out. I can get in there and go, yeah, I will have to leave you.
I will have to leave you here. I can't help you, sorry.

It's also getting really hot in here. I have to go. You had to do a five-mile jog. An obstacle course.

You had to swim prone for a mile. You had to swim underwater for 50 yards, any strokes, two minutes. Deep waterfront, hang float, with arms. What? What is a deep water hang float with arms. Wait. Wait.

It's a deep waterfront hang float with arms and ankles tied for six minutes.

What kind of al-Qaeda PE class was this?

STU: Who has access to -- who has access -- like, you're in the middle of the country, you may not have a deep water body nearby. This is -- are you sure this is an actual test?

GLENN: This is the actual test. This is the actual -- what is a deep water front hang float with arms and ankles tied for six minutes? Can you look that up?

STU: A deep water hang float is an aquatic hang float done in the deep end of a pool with the aid of flotation device, such as a noodle or belt.

In this position, the flotation twice supports your upper body, while your legs and torso hang freely beneath you.

That can't be what it is.

GLENN: You can do that.

Deep-end of the pool.

STU: Can you bring a margarita?

GLENN: Man, this test is no big deal.

What! No way. No way!

Here's the last thing on the test.

A vertical tread in an 8-foot circle for two hours!

No way.

STU: Vertical tread in an 8-foot circle?

GLENN: So you're in the water and you're treading water in a circle for two hours. Two!

STU: This is not -- what?

This is not the test.

GLENN: It is. Now, I told you, this is the top of the test.

This is the top of the test.

So this is for the ones who could do all the other tests.

This was the top of the test. The bottom of the test is not that much better. Here's the entry, okay? Let's see. Pullups, 2/6/10. I don't know what that means. Pushups, 16, 24, 32. Bar dips, four, eight, and 12. Situps, 30, 45, and 60. Broad jump, 6-foot, 6, 6, 6. And 6, 9.

To jump 6 feet? I don't even know if --

STU: That one is possible, yes. Glenn, I know it sounds incredible. But, yes. That one is possible.

GLENN: Sounds incredible. You know, I think we should have the average person Olympics. I really do. I really do.

STU: Oh, I would watch that.

GLENN: I would watch that every time.

You see them coming. And you're like, hmm. That one -- three feet. I'm giving him 3 feet. 200-yard shuttle. Agility run. Rope climb, 18 feet, hands only. 880 yards in three minutes. A mile in seven minutes. Pegboard, six holes. A 50-yard swim. Forty -- 40, 50-yard swim in 36 seconds. Man carry, 880 yards. No, thank you! No, thank you!

Look at -- look at what we've gone down. That's the bottom of it. And I don't think most Americans could do that.

I couldn't. Well, I could. Because I'm an elite -- I have the body of an elite athlete.

STU: No. You could not. Now, of course -- let's just say, this is supposed to be for a high school kid. Right?

So this is the prime of your athletic life. Could you do some of these things? Probably.
GLENN: Go into high school.
Go into any high school, and ask them to do this. There's no way. And all of the kids would be.

STU: Well, that's kind of what the reaction would be.

GLENN: Don't get me wrong. I would have been there too. And my parents would have said, suck it up. Just do it.

So nothing has really changed.

STU: That's been the reaction to this proposal too, of bringing this back. Right? The media is covering this. Like, it's going to embarrass children.

You know, I mean, I do remember it being like, I can't do that. I'm not going to the top of that rope. That's not happening.

That's sort of life. Right? Sometimes you can do things. Sometimes you can't do other things.

GLENN: That's why you have to learn how to injure yourself.

You know, how many stairs can I throw myself down, to not do serious damage, but enough to get me out of PE.

STU: Yeah, you have to fake an why are. You have to learn from LeBron James. Act like you got hit in the eye. And fall down like you were just stabbed over and over again, like you were in an athletic competition.

GLENN: There's no way. There's no way.

THE GLENN BECK PODCAST

THIS is why self-reliance may be your ONLY protection from SLAVERY

Are you truly free, or is your life quietly controlled by systems most Americans never question? In this eye-opening conversation, Glenn Beck speaks with investigative journalist Whitney Webb about how the Elites, banks, and global systems have created modern forms of enslavement, all while the public remains largely unaware. They discuss the urgent need for local self-reliance, alternative financial systems, and taking personal responsibility to protect yourself and your family. This is a wake-up call for anyone who believes freedom is guaranteed, and it’s time to see the truth and act before it’s too late.

Watch Glenn Beck's FULL Interview with Whitney Webb HERE

Claire's warning: The dark side of gender care EXPOSED

Claire Abernathy was just 14-years-old when doctors told her parents she’d take her own life without hormones and surgery. They promised “gender care” would save her life. Instead, it left Claire with irreversible scars, broken trust, and a lifetime of regret. Her mom was told she was required to comply. No one ever addressed the bullying, or trauma Claire endured before being rushed into medical transition. Now, years later, both Claire and her mother are speaking out and exposing how families are misled, how doctors hide risks, and how children are left to pay the price. With federal investigations now underway, their story is a warning every parent needs to hear.