RADIO

WARNING: George Soros and The FCC Are DISMANTLING Talk Radio

The mainstream media is collapsing as Vice Media and CBS News announce major changes. But now, progressives have talk radio in their sights. Glenn reviews the latest changes to the world of radio that could dismantle the entire system and crush free speech: George Soros is on the verge of taking control of Audacy, the second largest broadcaster in America; An investor based in Singapore is trying to take over Cumulus Media, the third largest broadcaster; And the FCC is forcing all broadcasters to start posting a race and gender scorecard on the demographics of their workforce. This is all an attempt to crush one of the last bastions of free speech, Glenn says.

Transcript

Below is a rush transcript that may contain errors

GLENN: I want to give a mile-marker. I feel that part of my job is to inform you.

What direction are we going in? And how fast are we going?

Let me give you a couple of stories that are gravely, gravely concerning.

I told you, last week, the Soros fund management, you know, run by billionaire George Soros and his son. Have now taken control or are on the verge of taking control of Audacy.

Audacy is the second largest broadcaster in America. Only iHeartRadio owns more.

And thank God, at this point, i Heart media. IHeartRadio has the Premiere Radio networks.

I've worked for this company in one way or another, since 1989.

They are my partner with this broadcast. And they have been always very, very supportive. If it wasn't for my partners, Julie Talbot and Dan Meador, and all of the people at i Heart media, who have just -- this show wouldn't be heard anywhere.

So i Heart is the only one, right now, not under attack.

And I will tell you about this. First, Audacy. Audacy amassed $1.9 billion in debt. They filed for bankruptcy.

And now Soros is taking on the -- the fund, and they will be the largest shareholder, once the bankruptcy proceedings conclude. Where are we?
They're dismantling radio.

And buying radio up. Now, Soros has already bought, what?

Last year. I think 50 radio stations that were all Spanish-speaking.

Gee. Isn't that interesting?

Now he's buying up, the second largest broadcaster in America.

Audacy owns 220 stations. News Talk, in New York. Chicago. Los Angeles. All some of the biggest news talk stations in the country.

They own the -- the radio stations, including KDWM, in Las Vegas.

Ph.D. Philadelphia.

KDK in Pittsburgh. They have Dana Loesch on many other stations. They have Sean Hannity. Mark Levin. And George Soros has spent more than $21 billion over the last few decades.

He spent 1.3 billion in 2022 alone.

Most of that cash went to left-wing causes, including Media Matters, Planned Parenthood, the Sunrise Movement.

He is the guy who has put in the radical DAs. And the radical attorneys general.

And now, what?

He's buying up talk radio. Why would you do that?

Why would you buy all of these broadcasts?

It seems like it's a failing industry, right? It's not.

It's not. About 80 percent of the people, till listen to radio.

80 percent. That's incredible. You think -- nobody listens to the radio. 80 percent still listen to the radio.

Okay. So that is the second largest broadcaster, now going to George Soros.

Then we have this.

Cumulus. Cumulus used to be the ABC radio network. It used to be the largest. Now, I think it is the third largest.

Cumulus is facing a takeover from an investor based in Singapore.

Part of the process of their bankruptcy. It has asked for, and received from the FCC permission to become as much as 100 percent foreign-owned.

So the third largest broadcaster, is about to go to a Singapore Holdings Company.

How does this bid, for America?

You have George Soros, and a Singapore can. And then i Heart, all alone.

But don't worry, news for radio gets even better. Yesterday, Brenden Carr, he's an FCC commissioner. He came out and said, the FCC has just ordered every broadcaster to start posting a race and gender scorecard, that breaks down the demographics of their workforce.

Activist lobbied for this, because they want to see businesses pressured into hiring people based on their race and gender. Courts have already overturned the FCC twice for pressuring broadcasters to making hiring decisions in violation of the Constitution.

I dissent.

This is a shot across our bow now, if the Supreme Court doesn't stop them again. We will now, if I want to be on radio, have to disclose, by the way.

I don't have a problem doing this.

I'm almost 2 percent Native American.

So I'm a minority, inside of a minority.

Anyway, we have to start hiring, based on gender and everything else.

I don't care what, you know, male, female. I don't care who you sleep with. I don't care what color you are.

I really don't.

I want to know what's inside of your head.

I want to know, how you think.

Can you bring something different, that I don't bring to the table?

That's how I hire.

Can you fit what your different thinking is, into what I'm trying to accomplish?

If you can, great!

We're going to work together forever.

Most of the people, that I work with, and I apologize for this. Spend their life with me.

STU: Sort of feels that way.

GLENN: Because we have a good working relationship. We all respect each other. Again, except for Stu.

This is really, and let me give you another one. This is not about radio.

Vice media, stops publishing on Vice.com. Slashes hundreds of jobs, amid mainstream media death spiral.

So all of these mainstream media companies, they're all -- did you hear about CBS?

And Catherine Herridge -- how do you say her name?

Herridge. Right? I can't remember.

Anyway, worked with her at Fox. We were obviously very close.

But she's very, very credible.

She's worked -- I don't agree with her all the time. But she's an actual journalist.

And CBS News they just threw her out.

She's gone. Now, they're saying, that's we've laid lots of people off, recently.

Because we're collapsing.

STU: That's their argument. For themselves.

GLENN: Yeah. We're collapsing.

Okay. Well, maybe. Or maybe a real journalist just isn't welcomed there anymore.

I don't know.

But everything, all of the media, what I said to Stu. And when we were at the height of Fox. I said, we have to get out of here.

And everybody is like, what?

Everybody works their whole life to get here. And I'm like, we have to get out of here.

I said, this whole thing is going to burn itself down. It's all going to collapse.

And here we are. It's all collapsing.

But as I said at the time as well, if you're here, while it collapses, and you'll survive, you'll then be working for the government.

Because all of these people, will get bail. They'll get bailed out by the federal government.

We can't. These institutions are far too important. This has it goes back to your Cloward and Piven stuff from yesterday.

It's worth watching. If you go to your Blaze TV account. You can watch it on demand.

It's one of those situations.

Vice is a great example of this.

How many articles did vice write about how your career and life were collapsing.

GLENN: Oh, my gosh.

Over and over again.

STU: Over and over again.

And all these companies, writing for years. About how conservative media personalities were going to flame out, and their businesses were going to collapse, are now all gone.

They're just -- they've all either dissolved. Or fired all their people. And AI is writing their articles.

It is, sure, satisfying. For me. But it is -- it is embarrassing for them, I would assume.

It's -- I don't know. Maybe they've all just -- they all moved on. They're all taking money from the government. And living at home now.

Or working from home now.

I don't know. It doesn't seem like they're able to keep any of these things afloat.

How much -- how much money did Vice get?

Billions and billions of dollars.

Of just free investment cash. Dumped into that place.

GLENN: Can you imagine if we would have had hundred --

STU: Oh, my gosh.

GLENN: Hundred million. Just 100 million. Compared to the billions that they had.

Just 100 million -- 50 million in investment.

Can you imagine what we could have done with it? Because we wouldn't have wasted it. They just wasted it.

STU: Gone.

GLENN: Gone.

STU: And this is also while they're producing shows for HBO. I mean, they were handed a media empire, with let's be honest, no valid reason to be handed a media empire.

I mean, like, vice did some interesting stuff early on.

They were kind of the different. They just turn into the typical left-wing news source.

And we were supposed to sit here and be like, oh, wow. This is amazing. It's innovative.

Let's just throw money at these people. What do they do?

The place is gone, basically.

GLENN: We sat there, for I don't know how many meetings. I sat there with big, big companies, that were trying to figure out, how we were doing it.

And at the time, we were doing it, more right than anybody else. We were still wrong.

And we had no margin of error. Because it was all on me.

And they were trying to figure out, you know, what do we do? What do we do?

And I remember sitting in meetings going, your numbers don't make sense. I'm sorry, guys. I'm not an accountant. I'm not a good businessman.

But I can look at this. You're selling what for what? And how do you even know that's true?

And it was all hype. It was all hype.

Now all that hype is over. And it's all falling apart. The mainstream media is falling apart.

And look what's happening.

You know, I mean, said recently, it's been quiet, on the western front.

It's been all quiet for quite some time in talk radio.

Haven't really had any attacks on talk radio. Been squished with digital. But on talk radio, haven't had a single problem.

That's new.

What was that all about?

They forget about us?

No. No. They're just going to take it.

They're just going to take it in public/private partnerships. And the left, because our billionaires do nothing.

Honest to God, our billionaires who believe in America, the only one that I know, that is actually putting his money where his mouth is. Is Donald Trump.

I mean, there is a handful.

STU: Yeah. I don't agree with that. There are some of these guys, very active. Not always publicly.

GLENN: Yes. But George Soros.

I mean, if you're going to stand up, stand up. Stand up.

You want to stay in the shadows? That's fine.

And I thank you for it. But get your friends to stand up. Why isn't -- we know the power of talk radio.

We know the power of radio. Where are our billionaires? Why aren't they stepping to the plate?

Why?

Anyway, I want you to do me a favor.

I want you to support your local radio station. The station that is -- is running this program.

Please, support them. Please, buy the advertising.

If you -- I'm not asking to you buy something you don't need.

If you hear somebody advertising.

Something like, okay. I need that.

Or I'm looking at that. Please, go to that store, or whatever.

Local radio is critical. Critical.

You've got to have a local radio station. That is not controlled by the Borge (phonetic).

We thank our sponsors, and we thank our local radio stations. Our affiliates. You're the heart of us. Thank you.

TV

The ONLY Trump/Epstein Files Theories That Make Sense | Glenn TV | Ep 445

Is the case closed on Jeffrey Epstein and Russiagate? Maybe not. Glenn Beck pulls the thread on the story and its far-reaching implications that could expose a web of scandals and lead to a complete implosion of trust. Glenn lays out five theories that could explain Trump’s frustration over the Epstein files and why Glenn may never talk about the Epstein case again. Plus, Glenn connects the dots between the Russiagate hoax, the Hunter Biden laptop cover-up, and the Steele dossier related to the FBI’s new “grand conspiracy” probe. It all leads to one James Bond-like villain: former CIA Director John Brennan. Then, Bryan Dean Wright, former CIA operations officer, tells Glenn why he believes his former boss Brennan belongs in prison and what must happen to prevent a full-blown trust implosion in American institutions.

RADIO

Rumors explained: Is Fed Chair Jerome Powell OUT?!

After rumors spread that President Trump would soon fire Federal Reserve Chair Jerome Powell, Trump has said that he's "not planning" on it right now. But is it possible for Trump to fire him? Will he resign? And how is the Fed Chair even chosen in the first place? Glenn and his head researcher Jason Buttrill explain ...

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, last night, I was rapidly looking the lie some of these rumors, on X.

Pretty incredible people on what's going on with Jerome Powell and the fed.

What the heck?

I was actually popping popcorn and watching this. It was so crazy.

GLENN: So it's just the rumors, that he is going to be stepping down?

JASON: Well, yeah.

Yeah. Anna Paulina Luna. Congresswoman. She was saying, it was almost imminent, that he was about to be fired. Actually fired.

There were other rumors saying, well, we're not sure about fired.

But he's considering resigning.

GLENN: Yeah. You know why.

JASON: We were like, what the heck is going on?

GLENN: So do you know why?

Do you know why he's resigning? Any guesses? I mean, you had popcorn out. I would love to hear what you have come up with.

JASON: So there was the CPI stuff coming out. The interest rates going up.

We know that the President wants interest rates to come down. I'm assuming that is what the deal is, and there's some sort of internal battle going on.

GLENN: Well, and the president can't fire the Fed chief. Okay?

So the Fed chief is the one that nominated. The federal reserve is the biggest crock of bullcrap I've ever seen in my life.

It's nothing, but the five biggest banks. Okay? And you know which ones they are. They're the ones that keep getting bigger. And everybody else is falling to the wayside.

So the Federal Reserve is the arm of those five banks.

Okay?

And they suggest, who the president can select from.

So the president can't say, I don't want any of these guys. I want this guy. Can't do it.

He has to take a look at the list that all the banks have put together. Is. Say, pick from this list, Mr. President.

Did you know that?

JASON: It's kind of how Iran chooses their next president.

GLENN: It's exactly. It's exactly that way. Except, this religion is all about the almighty dollar.

Okay. So he can't -- he can't pick on his own. But the president has a right to pick one, you know, every term. If it comes up in his term.

The president wants this guy out. And I think he's been really, really bad.

Because he's been wrong on almost -- on almost everything. But show me the -- show me the Fed, you know, the guy who the Fed was right ever.

So he can't fire him. But he wants him out. Because he wants interest rates dropped.

And, you know, the jobs are coming back. Things are coming back.

But interest rates keep coming up.

And the -- and the interest rates, if we keep our interest rates high, we have a harder time borrowing money for our debt.

And it just gets more and more expensive for everybody all along. So the president wants him to back off interest rates. But the Fed chief believes that that could cause more inflation.

Which I think he's right on that one. And I hate to say he was right on anything.

Because I don't think he was ever right.

Makes me question myself. When he's like, well, I think he might have a point on that one. But the president is like, no. He can handle it.

I want them down. I want cheap money again.

He refuses. So what has the president done?

The president can only fire him, with cause!

So what do you do when you can only fire somebody with cause, and you want them out.

You find a cause, and this one is easy.

So the Fed has been the one leading the way saying, we can't keep borrowing money.

We've got to have some fiscal sanity. Right?

This is going to kill us. We have to keep these interest rates high, because you are borrowing too much money. And maybe this is the only way to stop you.

So we got to keep it high, because you've borrowed too much money. And how many times has he testified in front of Congress? We've got to cut. We've got to cut. You can't keep spending like this.

Okay? Well, did you know that the Federal Reserve, with our tax dollars, the five biggest banks, a/k/a the Federal Reserve, is redoing their offices. To the tune of two billion dollars!

Now, I don't know what kind of wallpaper they need there.

But that seems like a pretty hefty renovation, especially when everybody is looking at cutting things. And you're lecturing me about spending money. So they get money from the government, okay? They're telling us, stop spending.
Stop borrowing.

Except, okay. What you've borrowed. I need $2 billion of that, to redo our offices in Washington, DC.

Excuse me?

Why don't you do that yourself. Okay. I think banks maybe have some money.

So they're borrowing that money, and there's $700 million over.

So it's $2 billion. $700 million over budget. And they're still not finished.

And the problem is: They're putting in water features.

They have a rooftop garden they're building.

JASON: Okay.

GLENN: I mean, it is -- it's insane. The president now knows, really? You want to play this game with me. I will sit your ass down in front of Congress, and you answer to the American people, how you're lecturing us about spending. And you're putting in a rooftop garden and a water feature in your office. No! No.

So the president is now threatening, I'll fire you for this. You want to quit, now would be the time to quit.

Otherwise, I'm dragging your butt in front of Congress.

You answer to the American people for this. And they will beg me to fire you.

That's what's happening.

JASON: I looked at that a lot.

Because I was like. There's got to be some leverage that the president had, because they can't get rid of.

But that is a pretty big cut. That sounds like a Babylon Bee article. $2 billion.

GLENN: It does. It does. $2 billion, 700 million over budget.

JASON: Oh, my gosh.

GLENN: I mean, and these are the responsible bankers. No, I don't think so.

It just shows, they don't mean what they say. They'll just keep doing it for themselves. You know, if you really believed that America was really on that financial cliff, why would you do that?

You would lead the way and say, guys, we are going to be the only responsible ones here.

We will lead by example.

No renovation. You know what, go to IKEA?

You need a new desk. Go to IKEA, and get a new desk. Well, we have to keep up our image. We're not going to have a country.

So what do you say, we go to IKEA?

Our image should be, we are going to lead the way out of this madness!

That's what a leader would do.

JASON: So, Glenn, I still don't think I get this disconnect between Trump and Powell on -- we know Trump wants to lower interest rates.

Powell is standing back and saying, basically, he doesn't want to do it.

Is he trying to undermine President Trump on this?

GLENN: President Trump thinks so. President Trump thinks so.

I think so, to some degree.

I mean, I'm worried about inflation.

Look, you know what happened. Do you know what's happening with yap?

JASON: What's happening with Japan?

GLENN: So what's happening with Japan, is Japan has always had this really amazing image of, we're solid. We're absolutely solid.

This is target to crack. The foundation.

1989.

Let me go back to 1989.

This was the crown jury trial of the global economy.

Back in 1989, you probably aren't old enough to remember.

All of a sudden, Japan owned everything in America. We were just becoming Japanese, and everything was being purchased by Japan. Kind of like it feels a little bit like China now.

JASON: They even owned Nakatomi Plaza, Glenn, that Bruce Willis had to save -- they owned everything in every '80s movie!

GLENN: Oh, yeah, they owned absolutely everything.

Okay? And the -- things were so insane in Japan. The grounds of the imperial palace, in Tokyo, on paper was worth more than the entire value of the state of California.


JASON: Wow!

GLENN: Okay?

So their land. Everything just shot up. And so they had all of -- they were flush with all this cash.

And people believed that Japan had suddenly, you know, cracked the formula for, you know, eternal prosperity.

That's the problem. Then it all started to fall apart. And the asset prices. That they had mortgaged against.

Okay?

They had borrowed. Well, the imperial palace was worth more than California.

That doesn't make any sense. You wouldn't mortgage it like that. At least long-term. I will do this real quick, and pay it off.

You would never, ever mortgage, because you know that's inane. Well, nobody ever wanted -- and it seems in governments, nobody ever wants to believe that this is just a fluke. Okay?

So the asset prices collapse. The stock markets plunged. And for three decades, they have gone into this very polite political coma.

Okay? Economic coma. And so the central bank did something radical. They were the first ones to set your interest rate at zero. They lowered the interest rate. They made money so cheap, it was nearly free. Zero percent interest. Sometimes, they would pay you to take out money.

So the -- they had negative interest rates. Can you imagine that? Now, you're not fixing the problem. You're just printing wallpaper to cover the mold. All right?

So they've done this for decades.

Now their debt is I think 260. Or 280 percent of their GDP.

I think, what is ours?

100?

80 percent.

Something crazy. 120. You never believe back.

The death threshold is usually 120, 140.

They're 260 percent of their entire economy is debt.

That's not a crack. That's a fault line.

So this week. Or was it last week? Things started to creek and grown in Japan.

And the government bonds, which are like our treasuries. Is this getting too complex.

Are you following this still?

JASON: Yeah.

GLENN: Okay. So their government bonds.

They were the safest investments on earth.

One of them. Okay?

It's us. Japan, Germany.

They started to fall.

Hard. And when bond prices fall, interest rates were the easily go up.

All right?

So they borrow all this money.

260 percent of their GDP is borrowed. Okay?

So they borrowed all of that money. And they had it at like 3 percent interest. Whatever.

2 percent interest.

And they were paying people.

2 percent.

Well, all of a sudden, the cracks started to appear. And people were like, I'm not sure this is stable at all.

And then the belief of the system started to -- to go away. So people started selling their Japanese bonds.

Once they do that, now the yields have to go up.

What happens when yields go up?

What happens when interest rates go up? For a government. You have to pay more interest on your debt!

Okay?

You add two or three points.

Just imagine, you have an adjustable rate. Okay?

This is a government having an adjustable rate. Except, they have 260 percent of everything they make, in debt!

And it's all leveraged.

And now, their adjustable goes up two, three, four points.

You're not able to afford that anymore, okay?

So massive problem.

Because what it really means is. People don't believe in Japan.

They know the con game is now over.

And investors are saying, you know, I want a whole lot more in return.

Because I just don't believe you anymore.

And it's not just Japan's problem. This is not a neighbor's house on fair.

This is -- imagine we're all living under the same roof. This is the neighbor's apartment, on fire.

We're all under the same roof. We all have the same foundation. And so when this happens to Japan, you should pay attention. And I'll show you the ripple effects in just a second.

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GLENN: Okay. So now if Japan -- that means there's a stampede out of Japan.

And people are starting to look and reprice the risk of their money.

Now they're like, wait a minute.

The most stable. You know, if you're driving a car and it is the safest car in the world and all of a sudden, they just start blowing up on the highway.

You're like, I don't think that's the most -- that's the safest car on the highway.

And if that's the safest car, what does it mean for the car I'm in?

You know what I mean? So now, this is going to push US interest rates going up.

Which makes our mortgage rates go can up. And our car loans more expensive. And the national debt. Which is already costing us $1.2 trillion a year, just in interest.

Now, they can't sell their treasuries. People are skittish on treasuries. Maybe they come to the United States, but they're not so far.

They're getting out of the Japanese interest. Or the bonds there.

Japan has to pay their bills.

What do you do when you have to pay a bill?

And you don't have any money coming in.

You don't have enough money coming in. What do you do?

You sell something. Right? You sell your car. You sell something that you have of value.

Well, what do they have? What do they hold of value? US Treasuries.

So now, we are trying to sell our bonds, for our new debt, they hold our old debt.

They're saying, hey. Anybody want to buy this debt? Because I have to sell it. Fire sale. What do you give me for it?

Okay?

Which makes that debt more attractive, because they can get a better deal there.

Which means, if we want to have new debt, we have to raise our interest rates. Which means, we pay more for interest for our mortgages and everything else.

And it floods the market with bonds, crushing the prices, skyrocketing the costs for us.
And causing even more trouble, in other countries, that have US bonds. Because they start to look and go, nobody is buying these bonds.

Well, of course not. You have two countries. The two stablest countries besides Germany.

You have the two stablest countries now selling US Treasury bonds.

Okay? Really, really bad.

Now, let me add this on.

Germany is now having to pay for their own army.

And so they said, they're going to borrow money.

To build the army.

And they're going to lower their interest rate. So they can borrow more money. All right?

And now, the German bund, which is -- you know, like our Treasury. That's now starting to fall apart.

Well, Germany has some assets, they can sell.

What do you think that asset might be that they want to sell?

US treasuries.

We have been playing an extraordinarily horrible game.

This is why I believe the president wants somebody else in charge of the Fed, because the Fed can say, we're lowering the interest rates.

Because he's got to get more money into the system. So people can spend money, can start businesses. Borrow money.

Get things moving, so we can increase the amount of taxes that we collect.

The more people money -- the more people make, the more taxes we collect.

So he's like, we've got to grow the economy. And the only way we can grow the economy is to lower the interest rates.

But at the same time, interest rates around the world because of what's happening with the bonds is going through the roof.

We are in a very -- we've never been in this position before.

THE GLENN BECK PODCAST

Why the Term "Conspiracy Theory" is CIA-Created Weapon for Control

Conspiracies are of course real and occur every single day. But yet, many in the media and elite political circles attempt to use the term "conspiracy theory" to smear and discredit those who are skeptical of conventional narratives. Where did this term come from and how should we understand it? Journalist Alex Newman joins Glenn Beck to break this down and how it impacts the world as we see it today.

Watch Glenn Beck's FULL Interview with Journalist Alex Newman HERE

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Chalkboard Breakdown: How George Soros & the 'Deep State' funnel YOUR money to radical groups

Where do these massive left-wing radical groups get all their money from? Much of it is effectively a scam that occurs using your tax dollars to fund these groups that you would never support on your own. Glenn Beck heads to the chalkboard to expose the connections so you can visualize exactly how someone like George Soros manipulates the system.

Watch the FULL Episode HERE: Deep State ON NOTICE: New Tech Traces the USAID, Globalist Money Trail