RADIOFebruary 17, 2025

Is a Global Gold "Ponzi Scheme" About to Come Crashing Down?

Something weird is going on with gold, related to tariffs and a possible audit, that could drastically change the value of the dollar. Glenn reviews an X thread from user Matt Smith and warns that we must start looking for the word "rehypothecation" to appear in news stories. If that happens, it would mean, "no one owns anything." But this isn't the only possible future. There's a chance, Glenn explains, that Trump could return the US dollar to the gold standard.

Read the X thread: https://x.com/mattpheus/status/188961...

Transcript

Below is a rush transcript that may contain errors

GLENN: They're great. There is a great thread from Matt Smith, that I retweeted last night. And it's about the -- the dollar and our economy and everyone needs to read this.

What the average person is going to be talking about is my groceries are going up. And, yes, they are. That's not anything from this administration. That is from all of the lies, that the media was telling you that things were strong and it's getting better. Yada, yada.

No. It's not. Those numbers and all of that stuff were garbage!

And it's not getting better yet.

And Donald Trump is cutting, cutting, cutting.

But we also need to cut regulations.

We need to get business back on its feet.

These two things have to have happen in a coordinated passion.

Otherwise, you will get the spending.

Remember, most of our GDP. A lot of our GDP is coming from the government.

They're spending all of this money.

You're not spending money. They're spending money. That's keeping the government's GDP. So if you cut, our GDP goes down. Which means all kinds of numbers start to fluctuate from interest rates and everything else. So we want a growing GDP, which means we have to grow real wealth. We have to grow real business. Not NGOs. And the one guy that I think can do it is Donald Trump. But there's a tweet, that caught my eye yesterday. Because it starts with gold, and I've been following the comments.

There's something going on with gold, and nobody really knows what it is. Somebody here in the United States is buying a crap load of gold. We think, I hope. It's the Treasury. Or the central bank. The Fed. But somebody is taking huge physical deliveries. And it's causing shortages, in London. Where they're -- they buy and sell gold.

There are shortages now of gold. Because somebody is buying it. And shipping it here. Somebody with very deep pockets. Okay. So why? Now, this is all theory. That's fact. Here's the theory of what's going on.

They're preparing for a full-on gold audit. We talked about this yesterday. The government right now claims on its balance sheet, as an asset, all of this gold.

And it's valued at $45 an ounce. In case, you haven't heard, it's $2,900 an ounce. So they're talking now, about boosting the price of gold, at least market to market, but maybe even making it 5,000 dollars an ounce. Okay? If that happens, the balance sheet starts to fall into line, and our debt to GDP is not as bad as it really is. Right now. Okay?

Just start claiming the truth about gold, and our balance sheet starts to come into line. Start taking our minerals, start taking our oil. And claiming those as assets, and putting those on the balance sheet. Which we can do. And it's not a bad idea. Unless, you know, we lose in the end.

Because then we lose all of our assets, our natural it assets. You put those on the balance sheet. This helps strengthen the United States. Because we're coming a place where we're not going to be able to finance the debt. Who wants to write the United States a new long-term loan, at less than really market value, and market value, I mean, you know -- if you walked into a bank, and you had the credit report that the United States of America has. What do you think the bank is going to charge you in interest?

You're a risk. You're just addicted to spending. You're doing ridiculous things. I'm sorry.

Now, they might write you a check, if you have all of this stuff on your balance sheet. Okay?

And that's why they're doing it. They're trying to reshore up our balance sheet, make ourselves healthier than we are. Because we're at the end of the dollar. We're at the end of this financial system. So this is an endgame. It's why tariffs are being, you know, brought in.

It's a -- it's a -- to -- to force others to start to see the sorry situation they're in, I mean. Europe. If this deal with Ukraine goes through, which, by the way, yesterday, had a great -- a perfect phone call with Putin. And it did go really, really well.

And Donald Trump is saying, yeah. You know, we might have to have the resources, from you. We might. We want your rare earth minerals.

Because of what we've already given you.

We want that in exchange.

He's doing that as a negotiating tactic with everybody.

And he's putting on notice, the European Union.

We're not in this anymore. This is your problem. We leave. We're not rebuilding Ukraine. You have to do it.

And you're going to have to protect it. And we're not going to guarantee its protection. So if you want it protected. You do it. They're talking $3 trillion to be able to rebuild and protect.

Europe can't handle that!

But, you know what, Europe, neither can we!

So he's putting everybody in the same situation.

And this is going to cause inflation to rise. It's going to!

It will punish the average person. Because tariffs and everything else. If they're not done exactly right, it will punish with higher prices.

However, he's betting that wages will also rise. Because he's forcing people to keep their profits here.

And make jobs here.

If everything goes right, what the -- the trade on gold is showing us, is that we may be going towards a gold-backed financial system. Or gold-backed currency of some sort.

The Fed could even be shut down. There is something big in the wind, and nobody knows what it is, for sure.

So if -- what do you do as a regular person?

You need to understand that the dollar could be by design. Being collapsed.

That's exactly what the Biden administration was doing.

Collapsing the dollar. But they didn't have a plan, to replace it, other than a digital dollar. And, you know, global slavery.

I'm not sure what the plan is here. But it seems much more American-centric. Good for America. And good for the rest of the world.

And it doesn't look like it's taking freedom away from people. But we have to watch it.

The situation with the economy is really dire.

That hasn't gone away!

What we have is a -- one of the best mechanics who have hired the rest of the best mechanics. To come in, put up the hood, and say, we want to save this engine!
How do we do it?

And they're applying that. We don't know what direction. But a -- a huge sign that something big is coming, is the amount of gold that is being purchased. And the key here that you have to understand, shortages in London, gold flowing into the US at record levels. Somebody with deep pockets. This is what Matt Smith is scooping up gold.

They're reshoring gold, that might have been leased out. What does that mean?

That the United States is buying all this gold. Why?

Because they're reshoring the gold that might have been leased out. That's rehypothecation. That's just the word away from the word that I said, if you see rehypothecation.

Begin to be bantered around. Look out.

What rehypothecation is, is we've taken one asset. And we've -- we've counted it, on several different accounting books.

So we counted at the United States. But also, we've -- we've leased this gold out to Germany.

So Germany could get more money, based on their gold. But their gold is our gold.

And our gold is England's gold. So that's how dire this is. Is we're beginning to enter the world of rehypothecation. Which means, no one knows anything. Because your house, you say, well, I've got my loan through Citibank. Because Citibank has rehypothesized -- has used rehypothecation to put that on their balance sheet, as that's their house. But they sold it in a package to eight different banks. And they're all counting that house, yours. As an asset. So when they all start to go down, they all say, well, we've got all of these assets. Well, no, you don't.

Which one of you has the 100 percent.

You're all claiming 100 percent of Bob Smith's house. Which one actually has it? Well, they all do. This is such a Ponzi scheme. Where -- you know what this is?

This is the story of The Producers. You ever see the movie, or the stage show Mel Brooks, the Producers. Why did they get into trouble? Because they were selling over 100 percent of the play. They kept selling the play. You get 100 percent. You get 100 percent. You get 100 percent. All thinking, that it's not -- that that particular show, wouldn't make any money.

It won't be a success. It's the worst play ever. So it will close. And nobody will audit and say, wait a minute. You sold 100 percent. Nobody will ask. They just want to get away from it.

They lost their money. It closed.

But if it's a success, they now have to pay 100 percent of the proceeds to 14 different people!

It's a scam. That's what's happened here. They have sold 100 percent of your house, or in this case, the gold!

To several different people. When everybody says, I'm in trouble. I want my money back. I need my gold. Trouble.

Trouble.

STU: I mean, it just seems like the type of thing that's almost impossible to unwind. Right?

If it's that deep, how do you unwind it, or do you just protect yourself and your family?

GLENN: For you. You -- you make sure that if your house is paid for. If you have anything paid for, you have the title.

You know where the title is, you have the title.

Okay? So you're not in as bad of shape.

If you own things. You own your car. Good.

The title.

You own your house, good. Have the title.

It's really good, if you're buying a house, to make sure that that loan is staying local.

That they're not reselling that loan. That it's staying with one bank. And it's not -- it's not being sold, what were those cold? Credit default swaps.

STU: I remember those things. Yeah.

GLENN: That it's not being sold like that. Because that's what causes the problem.

And -- and so you just need assets.

You need real assets. If you can buy gold, you should buy gold.

It especially, if they're going to start counting that on the balance sheet. If they change the price of gold, to -- from $45, to $4,500, that means they're going to have to do that worldwide. So gold all of a sudden becomes $4,500 an ounce. Okay. As your that are goes down, your gold will go through the roof.

STU: This is much better when Margot Robbie is telling me about it, in a bathtub. That is -- the delivery --

GLENN: I can run the water.

STU: No. Please don't. Oh, my gosh. Sara just threw up on the board. Stations, we may have some technical difficulties.

Has THIS Islamist organization BROKEN state laws for YEARS?!

A new report accuses CAIR Action, the political arm of the Council on American-Islamic Relations, of breaking state laws with its political activism. Glenn Beck reviews this story...

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me go over what is -- what's happening with -- with CAIR.

You know, the Founding Fathers were obsessed over accountability.

Because they knew one thing. You know, they did. They must get suggestions from people on, you know, through tweets. They studied every single system of government.

Every single republic that survived. That didn't survive.

Why didn't it survive?

They studied all forms of government. They were trying to come up with something that could -- could set people free.

And they -- they worked really hard on putting our checks and balances in place, because they knew, once power slips into the shadows. They knew, once power slips into the shadows, once influence becomes unmoored from law, what rises is not a republic.

It's a machine. And that's what you're seeing right now. We're not living in a republic. We're living in a machine.

We -- I think we're staring at one of the largest unregulated political machines operating in the United States ever! Okay.

There have been a couple of groups that are doing sweeping investigations, two watchdog groups. One of them is NCRI and the Intelligent Advocacy Network.

And they have concluded now that the political arm of CAIR, he known as CAIR action, has been operating nationwide with no legal authority, to do the things it has been doing for years now.

They're not allowed to raise money. They've been raising money. Coordinating political campaigns.

Not allowed to do it. Endorsing candidates. Not allowed to do it, they're doing it. Mobilizing voters, shaping policy, functioning as a national advocacy network.

They don't have the legal authority to do any of it. And no one has said anything.

Now, according to the report, CAIR action doesn't just have a paperwork problem.

Investigators found, state by state, that it lacks the license, the registrations. The charitable authorizations, required to legally solicit money.

Excuse me. Or conduct political activity, in any of the 22 states in which it operates. Think of that!

I know how serious this is, because I remember what it took to get the license in each and every state, for Mercury One.

So we could operate. We could raise money. We could do things in those states. It's a lot of work. And if you don't do it, you go to jail. And they find out pretty quickly.

Okay?

22 states, they operate not one, zero legal authorization.

In Washington, DC, the city where CAIR action is incorporated, the department of licensing and consumer protection told investigators, they have no record of CAIR action ever obtaining the basic business license required to solicit funds or to operate.

Imagine how long would you last in business, especially if you were controversial.

How long would you remain in business, if you never had a business license?

You think somebody would figure that out?

In a sooner time than I don't know. A couple of decades!

This report means, that the organization if true, is engaging in unlicensed inner state solicitation.

It has exposed itself to allegations as serious as deceptive solicitation. Wire fraud and false statements to the IRS. These are big things.

And this is not political rhetoric.

Are these phrases written in black and white. In the law.

And by investigators. In California, one of CAIR's most active hubs. The state attorney general has said, the state attorney general of California has said, same pattern here!

The state of California, to say, yep. That's what's happening here.

CAIR action has never registered with California's charitable registry.

Never filed the required CT1 form. And has no authorization whatsoever to request donations. But they've been doing it in California anyway.

Fundraising, selling memberships. Issuing endorsements. Mobilizing voters. All of that has been done by CAIR action. There's no record of any license. Any permission, ever. Going to CAIR. From California. That's according to their attorney general.

Wow!

That's pretty remarkable, huh? How does that happen?

It's not just the coast. It is also happening to the Midwest, the South, the Mountain West. Every state hosting its own CAIR action fundraising page, complete with the donate now and become a member portal, despite no trace of the legal filings required to operate. That's bad!

Now, here's where the stakes rise.

Because CAIR action presents itself openly, as the political arm of CAIR National.

Investigators are now warning that any unauthorized fundraising or political activity.

Could become CAIR's national responsibility as well.

So, in other words, the parent, CAIR itself, might be held responsible.

Meaning, this is want just a rogue subdivision.

This could implicate the entire National Organization of CAIR.

Now, this is happening at the same time it's coming under national scrutiny. It's also Texas.

And I think Florida have designated the group a foreign terrorist organization. Members of Congress are now asking the IRS, the Treasury, the Department of Education to investigate all of its partnerships, all of its financing, all of its influence operations. I mean, I think they're going to be in trouble.

How long have we been saying this?

But every time, I have pointed out anything about CAIR, I have been called an Islamophobe, which shuts everything down. That is a word, developed by people like CAIR, to shut people down, so you'll never look into them.

So what happens next?

First of all, the reports have to hold up.

Regulators now have an obligation. Not a choice. An obligation to act!

State attorneys general in these 22 states, they might pursue fines, injunctions, criminal referrals.

All of them need to take action!

The IRS, needs to take action. Investigate tax exempt fraud. Treasury Department may review foreign influence or money flow violations.

Anything coming from overseas.

Oh, I can't imagine it. They're so buttoned up, right now.

DC regulators may determine whether CAIR actions entire fundraising operation has been unlawful from the beginning.

But here's the deeper question. And it's not bureaucratic. This one is constitutional.

Can the United States tolerate an influence machine, that operates outside of the legal framework, designed to prevent corruption, foreign leverage, and untraceable money?

If I hear one more time, talking about how AIPAC has just got to be investigated. Fine. Investigate.

I'm not against it.

Investigate.

Why aren't you saying anything about CAIR?

It feels like it might be a tool in the hands of a foreign operation.

Why aren't you saying anything about this?

Because here it is! It's not like, hey. I wonder why.

This is it! This is it! This isn't about silencing CAIR. Muslim Americans are -- that are full citizens, they have every right to speak. Every right to vote. Every right to organize. Participate in public life. No question! They can disagree with me, all they want.

But no organization. None! Not mine. Not yours. Not theirs. None. Should operate a nationwide political network, in the shadows and be immune from all of the guardrails that every other group must follow!

That's called a fourth branch of government!

That's how a fourth branch goes.

By the way, CAIR has placed all kinds of people in our Department of Homeland Security. Et cetera, et cetera. This organization has done it!

This is -- you cannot have a fourth branch of government.

They must abide by the laws.

No -- you can't have a branch that nobody elected. Nobody oversees.

Nobody holds accountable.

We talked about this yesterday, on yesterday's podcast. So what needs to happen is total transparency. CAIR action has to release its filings. Its donor structure. Its compliance records, if they exist. Equal enforcement under the law. I don't want them prosecuted in special ways.

Look, if AIPAC is doing the same thing. AIPAC should be prosecuted exactly the same way.
I want it equal. I want constitutional rule.

If conservatives, if Catholics, pro-Israel, environmental, Second Amendment groups, if they have to comply by the state law, so does CAIR action.

And if CAIR action has to do it, so do the Second Amendment groups and environmentalists, and pro-Israel and conservative groups. The law cannot be selective. It can't be!

I don't know how that's controversial in today's world. But somehow or another, they will find a way.

The Feds have to review all of this. If the report is accurate, the IRS and the Treasury have to determine whether false statements or unlicensed interstate solicitations have occurred.

Americans deserve to know what exactly, who is influencing our elections. Who is shaping our policy? Who is raising money in their state?

Especially physical the organization claims political authority, that it doesn't legally possess.

Because history will teach us one unchanging lesson. When a republic stops enforcing its own laws, someone else will always step in to fill that vacuum because power abhors a vacuum!

Unregulated, political power abhors a free people. So while it's about CAIR, it's not about Muslim Americans. It's not about religion.

As always, at least on this program, we try to make it about the rule of law.

One standard for everyone or no standard at all!

And that more than anything, will determine whether or not our institutions remain worthy of the freedom and responsibility that we have entrusted to them.

Glenn Beck WARNS Democrats Will Return with VENGEANCE in 2026 | Glenn TV | Ep 473

America is entering a year of historic upheaval from Charlie Kirk’s assassination and the spiritual shock that followed, to Trump’s tariff revolution, China’s rare-earth war, collapsing energy grids, AI displacement, and the looming fights over Taiwan and Venezuela. Glenn sits down with BlazeTV hosts ‪@deaceshow‬ and ‪@lizwheeler‬ along with his head researcher Jason Buttrill, to break down the biggest stories of 2025. Plus, they each give their most explosive prediction for 2026 that could shape our politics, economy, national security, and civil rights in ways Americans have never experienced before.

Trump Just SHATTERED the “Expert Class” - And the Deep State is in Total Panic

For nearly a century, Washington DC has been ruled by an unelected “expert class” operating as an unconstitutional fourth branch of government — accountable to no one, removable by no president, and shielded from all consequences. Glenn breaks down why Trump’s firing of the Federal Trade Commissioner could finally dismantle the 1935 precedent that empowered technocrats, how Ketanji Brown Jackson exposed the Supreme Court’s embrace of expert rule, and why America cannot survive a government run by people who never face the voters and never pay for their failures.

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So President Donald Trump fired the federal trade commissioner Rebecca Slaughter. Federal Trade Commission is an administrative position. I mean, this is under -- the head of the federal trade commission is a cabinet member.

And if the justices uphold Trump's firing of Slaughter, that will overturn a precedent that was horrible, that was set in 1935. Remember, 1935, we're flirting with fascism. You know, everybody thinks. Because they haven't seen the horrors of fascism yet.

Everybody thinks fascism is neat, blah, blah. So what they do is they say that this is an independent person. And the president can't fire them. Because they're, you know, an independent agency.

Well, wait. That would make a fourth branch of government. Our Constitution is really clear.

There is no such thing as a fourth branch of government. Right?

So that's what they're deciding. Now, here is Ketanji Brown Jackson, who is talking about how we really need to listen to the experts. Cut four.

VOICE: Because presidents have accepted that there could be both an understanding of Congress and the presidency. That it is in the best interest of the American people to have certain kinds of issues, handled by experts. Who, and I think you -- in your colloquy, Justice Kagan, have identified the fact that these boards are not only experts, but they're also nonpartisan. So the -- the seats are actually distributed in such a way, that we are presumably eliminating political influence because we're trying to get to science and data and actual facts, related to how these decisions are made.

And so the real risk, I think, of allowing non- -- of allowing these kinds of decisions to be made by the president, of saying, everybody can just be removed when I come in, is that we will get away from those very important policy considerations.

VOICE: We will get away from US policy considerations, and it will create opportunities for all kinds of problems that Congress and prior presidents wanted to avoid, risks that flow inevitably, just given human nature, the realities of the world that we live in.

GLENN: Okay.

Now, remember, what she's saying here is, we have to have experts.

We have to have experts. We have to have experts that don't really answer to anybody. Okay?

They're appointed. And then they're just there. This from a, quote, judicial expert, who cannot define a woman, because she's not a doctor.
She's not a scientist.

She needs an expert to define a woman.
That's how insane her thinking is. Okay?

Now, I would just like to ask the Supreme Court, when you want things run by experts, do you mean things like the State Department, or the counsel of foreign relations, that have gotten us into these endless war wars for 100 years?

Because these are the things that Woodrow Wilson wanted. He wanted the country run by experts.

Okay. So is it like the Council of Foreign Relations, that keep getting us into these endless wars.

Or is it more like the Fed, that directs our fiscal policy, that has driven us into $38 trillion of at the time. We have all powerful banks. That strangely all belong to the fed. And endless bailouts for those banks. Are those the experts that you're talking about?

Or are you talking about the experts that are doctors, that gave the country sterilizations, lobotomies, transgender surgeries. You know, or should we listen to the experts, like the ones that are now speaking in Illinois, to get us death on demand like Canada has, with their MAID assisted suicide, which is now the third largest killer in Canada. MAID, assisted suicide, third largest killer in Canada. Experts are saying, we now need it here, and they're pushing for it in Illinois. Or should we listen to the experts? And I think many of them are the same experts strangely, that brought us COVID. Yeah. That was an expert thing. They were trying to protect us. Because they need to do this for our protection. So direct from the labs in China with the help of the American experts like Fauci. We almost put the world out.

Should we listen to those guys?

Or the experts that brought us masking, and Home Depot is absolutely safe. But Ace Hardware wants to kill grandma. Which are the experts that we want? That we want to make sure that we have in our lives? That they don't answer, or can't be fired by anybody. Because I'm pretty full up on the experts, myself. I don't know.

But you're right. These experts would keep the president in check, and they would keep Congress in check. And you in check!

And the Supreme Court, which would be really great. You know, and you know who else they would keep in check? The people.

So, wow, it seems like we would just be a nation run by experts, and our Constitution would be out the window, because that's a fourth branch!

And if you don't believe me, that, you know, these experts never pay a price. Can you name a single expert?

Give me a name of an expert, that gave us any of the things that I just told you about.

Give me the name. I mean, give me the name of one of them. Give me the name of one of them that went to jail. Give me the name of one expert that has been discredited.

You know, where your name will be mud in this town. Do you know where that came from?

Your name is going to be mud. It's not M-U-D. It's M-U-D-D, that comes from Dr. Samuel Mudd. Okay? He was a docks man. He was an expert. He was that set John Wilkes Booth' broken leg. He made crutches. He let him stay there for a while. He claimed he didn't know him, but he did know him.

In fact, one of the reasons they proved it.

Is because when he pulled the boots off -- when he pulled both of his boots off, right there, in the back, you couldn't have missed it. It said "John Wilkes Booth."

He's like, I have no idea who he was.

Yeah. Well, you knew him in advance. This was a predetermined outpost where he could stay. It's clear you could know him.

The guy was still discredited, we still use his name today. Your name will be mud in this town.

And we think that it's like dirt, mixed with water kind of mud. No, it's M-U-D-D, Dr. Mudd. The expert that was so discredited, went to jail, paid for his part of the assassination of -- of Lincoln.

Give me the name of one of the experts in the last 100 years, that has brought us any of the trials and the tribulations. The things that have almost brought us to our knees. Give me the name of one of them. Can't!

Because once an expert class, they don't answer to anyone. So they never go to jail.

Wow! Doesn't that sound familiar. People never going to jail!

There's a rant that's going around right now, that I did in 2020. And everybody is like, see. He's talking about Pam Bondi.

No, no. I got to play this for you, a little later on in the program. But I want to get to the experts and what the Constitution actually says about that. Because you don't need my opinion. What you need are the actual facts. So you can stand up and say, yeah. I think Ketanji Brown Jackson is an idiot. Okay?

And she's really not an expert on anything. Especially the Constitution. You need the facts, on what the Founders said. Because the Founders would be absolutely against what they did in 1935.

Because that just -- what does it do?

It just sets up a fourth branch of government.

EXPLAINED: Why the Warner-Netflix/Paramount Merger is DANGEROUS for All of Us

The biggest media merger in modern history is unfolding, and Glenn Beck warns it’s the most dangerous consolidation of power America has faced in decades. With six corporations already controlling 90% of the nation’s news and entertainment, a Warner-Netflix or Warner-Paramount megacorporation would create an unstoppable information cartel. Glenn exposes how “too big to fail” thinking is repeating itself, how global elites and “experts” are tightening their grip, and why handing our entire cultural narrative to a handful of companies is a direct threat to freedom. The hour is late — and the stakes couldn’t be higher.

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, it's never good when you consolidate power. It's never good.

And what is going on now, with this Netflix Warner Brothers paramount stuff, I don't care if Larry Ellison is a conservative or not.

No one should have that much power.

I did a show, gosh, four years ago. I don't even remember when I did it.

We looked it up. In the 1980s. 19 percent of American media was owned by over 50 companies.

Forty years later, 90 percent of the media is watched and controlled by six companies.

National Amusements, the Red Stone Family controls CBS, CMT, MTV, Nickelodeon, gaming and internet. Simon & Schuster Books. That's all one.

Disney, ABC, ESPN, History Channel, Marvel, Star Wars, video games and print.

TimeWarner controls CNN, Warner Brothers, HBO, Turner, video games, internet, and print media like TIME. Comcast, MSNBC, NBC.

CNBC, Telemundo, the Internet.

New Corp. Fox. National Geographic. Ton of others. Sony, with a ton of movies, music and more. The big six. They're valued at nearly $500 billion.

Now, this is something I put together five years ago. So I don't even know. This is probably not even valid even today.

And now we're talking about Netflix, Warner Brothers. Paramount, into all of these one giant corporation. It's wrong! It's wrong!

We can't keep putting all -- everything into the hands of just a few! It's what's killing us!

We've got to spread this around. We can't -- the government cannot okay mergers like this.

They're big enough he has

What happened -- what happened when the banks went under, or almost went under in '08. What did they say the problem was?

They said the banks are too big to fail.

Too big to fail.

Because they were providing all of the services, everybody needs. All the time. And there's only a handful of them.

So if they fall, then everything falls.

Right?

That was the problem. So what did we do to fix it?

We made them bigger!

We let them merge with other banks, and gobble up other things!

And started taking on the local banks.

And so now, your banks that were too big to fail. Are now even bigger. And their failure would be even worse!

What is wrong with us?

Seriously, we're not this stupid.

We're not this stupid.

I think we're just this comfortable.

We just think the experts have a plan. No. The experts don't have a plan.

Their plan is stupid. Their plan is to make it bigger.

Every time it fails. Make it bigger. Push it up.

Make it more global.

No. Haven't you seen what the entire world is like?

The entire world is over-leveraged. The entire world is on the edge.

The entire world is being redesigned.
So what do we do? We don't allow them to make things bigger! We need to start taking more individual and local control of things. They're making it bigger. Which will make the problem bigger. And make the problem so big, you won't be able to do anything about it, because all the experts. All of the heads. They'll all -- there will be six of them. And they will all be sitting in one room.

And they will all be making the instigations. And with them, making those decisions will be all the heads of all the countries around the world, that you're not going to have a say in any of that. They're already trying to do it with the WEF.

But if -- if the Supreme Court says, no, experts matter. And the president can't fire them. You will not have any control over anything!

We're at this place, where we can back out. We can turn around.

We can do it.

It's not too late. But the hour is growing very late.

I don't know about you, I don't like being this.

Up to the edge, you know what I mean?

I would rather have lots of breathing room, between me and the edge of the cliff.

But we don't have that anymore.

Everything has to be done right.

And we have to pay attention.

And the worst thing we can do is make things bigger.

Dream big, think small.