Glenn: Be ‘healthily’ TERRIFIED of the coming banking CHAOS

‘I don’t think people understand the destruction that is coming our way,’ Glenn says. ‘This is going to happen. It’s just a matter of when.’ In this clip, Glenn is joined by financial expert and author of ‘The War On Small Business,’ Carol Roth. They discuss the recent Silicon Valley Bank (SVB) closure, why it occurred, and how small entrepreneurs have to ‘play by the [banking] rules,’ whereas big businesses do not. Plus, Glenn explains why he thinks Americans should be terrified of what’s to come…terrified in a ‘healthy way,' of course.


Below is a rush transcript that may contain errors

GLENN: Carol Roth, welcome back.

CAROL: Hi, Glenn. What a crazy couple of days here, never -- never ceases to amaze. Doesn't it?

GLENN: No, it -- it really doesn't.

First of all, let me get your reaction. We spoke on Friday. On the Friday exclusive, that I do for the Blaze TV.

And this story was just breaking.

CAROL: Yes. Correct.

GLENN: So they bailed everything out, with the FDIC.

But this isn't just the depositors, that they bailed out.

I'm for FDIC, covering depositors. But they just changed the law, with a stroke of a pen. Did they not?

I mean, you had $400 million in that bank. It says clearly on the door, deposits up to 250,000.

CAROL: Yeah. You know, I have a different take on this, than a lot of people that I've been talking to. Some friends and colleagues.

You know, they did not do what I would consider to be a full bank bailout. They did not protect the shareholders. They showed management the door. So, you know, the people who should be taking on risk, took on the risk. In terms of the depositors. I mean, you could say, oh, why should these tech companies be saved?

But I challenge people to change the name. If it wasn't called Silicon Valley Bank. If it was called the small business bank of Iowa, would you want those small businesses to be at risk?

GLENN: Well, there is -- there is a difference.

In those small businesses. And I'll tell you what the difference is. There's no way in hell, this federal government would bail out a small business bank, in a red state. I just don't believe it.

PAT: That may be the case. But at the same time, if you think about the potential contagion.

And, in fact, we could use this now as a benchmark. To say they've done it before. That God forbid, the small business bank of red state were to fail in the future.

But if you think about just the ripple effects, the example I like to use is Etsy.

Etsy is a marketplace. Where artisans and small entrepreneurs do crafts. And they sell them. Etsy had all of their working -- or not all of their capital. A large portion of their capital with Silicon Valley Bank.

So if that money were to have gone away, they wouldn't have been able to pay all of the entrepreneurs.

The same thing with a payroll company. They had their money with Silicon Valley Bank. And so another company wouldn't have been able to pay their entrepreneurs.

So that kind of reverberation throughout the system. And then not quelling the fears, that this could happen again, and potentially taking down not just other regional banks, but having contagions up to big banks. It would have been really bad for everyone.

GLENN: So, but wait.

I agree with you. I agree with you, that it would have been horrendous. Okay?

However, I had under the FDIC limit in Silicon Valley Bank for one of my businesses.

We ran our payroll through Silicon Valley Bank.

CAROL: Okay.

GLENN: We never put more than 250 grand in that. We never do it. Unless we care to lose it.

So why do I have to play by the rules, and expect that I'm not going to get something, but all of the big guys, will always expect, oh, well, they're going to bail me out. I'm too big to lose. I'm too big to fail.

CAROL: Yeah. Listen. This is sort of an expectation sort of game. But the reality is, that we didn't want to have that failure happen. And this was a bank that was very different than some of the other failures that had happened before.

I mean, this was not about making to their I can do loans or derivative products. This was really a liquidity issue, that should have never gotten to the panic. And I think that's the bigger issue. The way this was communicated.

The hubris. The fact that the head of Silicon Valley Bank. Sat on the board of directors, on the San Francisco fed. And didn't anticipate, that it might not be a good idea to lock up money for ten years of treasury.

There are a lot of really weird questions here.

And I think we can certainly debate, you know, what -- what we should do on a go-forward basis. But we have to have faith in the banking system, and for companies to take their cash management and now have to go through paperwork. And chop it up into little blocks so that they can be covered. And have it in all kinds of different banks and different accounts. Isn't particularly efficient.

So I think the insurance program, probably needs to be relooked at. And I think that's --

GLENN: But you can't just write the rules as you go.

CAROL: They do all the time, Glenn.

GLENN: That's wrong. I know. And it's wrong to do that.

CAROL: This is not the first time.
So it's definitely wrong to do that, but they're going to do it on an ongoing basis. This was not the time to put the flag down and go, no. This isn't the time to do it. It was a very sort of practical decision. Yes, in principle, we need to fix the underlying system.

But as I said, let's not pretend that capitalism in the United States. We've had the fed who is --

GLENN: Oh, no, it's not capitalism.

CAROL: On a historic basis. So I won't sit and complain, oh, this is some affront to capitalism, that didn't actually exist.

GLENN: No. The Fed is completely out of control. Overstepped. And all of the -- you know, the big banks. The really big banks.

They are rolling with our cash.

CAROL: Rolling in dough. Literally.

GLENN: Yeah. So let me go back to the bonds, a second.

They locked these treasuries up for ten years. And they -- when the interest rates go up, they lost about 25 percent on their bonds. If they tried to sell them in an emergency.

They were going to lose 25 cents on the dollar.

That's what caused the panic.

Because if you lose 25 cents on the dollar, you don't have enough to cover all of the things that you have covered.

CAROL: Let me add one more thing that added into the panic, because this was on paper.

Should they held them to maturity, there would have been no problem.

Like you said, only in an emergency. What happened, is that within Silicon Valley, because interest rates were rising and the bank was only paying a small amount on deposits, you could pull your money out. And park it into a Treasury bill now. And get, you know, 5 percent without very long duration.

So you had more depositors pulling their money out, than they had model and had expected, in this rising interest rate environment. As well as probably companies that needed more operating cash because of the economy.

So they didn't have that expectation.

And that sort of mismatch, in saying, oh, wait. We have a liquidity need. Because we didn't estimate for this.

That's what forced them to sell the bonds. At that loss.

And then created this panic.

GLENN: And that's where this boob, that is sitting on the Federal Reserve Board, in San Francisco.

These guys are -- I'm convinced, these guys are arrogant morons.

However, how many other banks have put their -- their money into longer term treasuries?

CAROL: Oh, I mean. It's throughout the system.

GLENN: So wait.

CAROL: Wait. Wait. Wait.

GLENN: Go ahead.

CAROL: If you take Bank of America. They also had a situation, where they had to take a big loss on selling treasuries.

The difference is they have a large and diversified business. They only had 69 percent of their liabilities being deposits. Where Silicon Valley bank it was 89 percent. They have a lot of retail deposits, that were under the threshold. They have investment trading. And wealth management. And all these other things.

So for them, it wasn't an issue. But on a smaller scale, for a bank, that really does rely on that deposit business. And because they had so much of that, as these smaller business deposits, that were uninsured, that made it different, than it was for let's say some of these bigger banks or banks that were --

GLENN: Right. But, you know, I'm looking at banks, like, you know, JP Morgan Chase.

All of that. They're fine.

They have plenty of money. And they're going to get all the depositors, as the little banks go out.

CAROL: Exactly. Let's underscore that point.

GLENN: What I'm asking you is: How -- what gives us any indication that this is -- that it's over?

That we're safe now? I mean, it might be because right now.

But this is going to happen again.

CAROL: So that's exactly why they put out the press release, that they did. You know, the fed and the Treasury.

And that very comforting statement from our president. I'm sure that gave you all the confidence in the world.

GLENN: Oh, yeah. I'm stuffed.

CAROL: But that was the point. Is the reason that those depositors pulled out their deposits, is because they were worried it wasn't going to be backstopped. And if there was this liquidity issue that was incurred. Oh, boy. What are we going to do?

Yes. There are other banks that are probably in the same situation. But if their customers don't panic and pull their deposits, and they have the time to pull the liquidity poll.

Then that's what that statement was meant to do.

Now, it really just depends on the temperament of individuals and businesses. If you believe that, if you believe they'll step in and back us up, then you're not pulling out the money, these companies -- the banks can deal with it.

And if you don't, then we will see more of this. Certainly, I think particularly Silicon Valley Bank was different than Silvergate and Signature that had more crypto exposure.

I would imagine those that have more exposure to crypto will probably see some additional issues.

But Silicon Valley Bank being that second largest bank to fail in history, one of the top 20 banks in the US. Systemically important.

As you said, plugged in and connected. It was just a different -- a bit of a different animal.

But, Glenn, I do want to go to that point you made.

This is really huge. Just like they closed down the small businesses during COVID. And all of that went over to the big guys.

You know, the big guys couldn't really step in. There's laws in place, about buying more deposits.

But what has happened in letting this play out, the way it does, is people have just decided to organically move their deposits. So JPMorgan and Citigroup. Like, they're having a field day. So much so, that Jamie Dimon just bought something like 26 million dollars' worth of JPMorgan stock. Because she's doubling down, because he knows all those depositors are rolling in. And he did not have to pay a red cent for them. The great consolidation continues.

GLENN: All right. Hang on just a second. Can you spend the hour with me?

CAROL: Yeah, of course!

GLENN: Because I've got a ton of questions on this.

We'll come back in just a second. Certain kind of person out there, and you know them when you see them.

One that fits in the category of above and beyond. Somebody who is -- they usually just love their job, and they love serving people.

They love to see their customers really, really happy.

Those are the kinds of people that we look for, when we're looking for real estate agents, that can represent you, when you're buying or selling your home. You need somebody who really loves serving you, who has compassion for people. And cares about people. And wants to do the best for them.

That's also the best way to make money. Best way to be successful is just to serve and overserve your customer.

Because they're -- they always go away happy. And then you've got more customers coming your way. We look for the people like that, who also have the best track record.

And they meet our standards. And we have pretty high standards to recommend. These people don't work for us. So we don't have any skin in the game, on, you know, who we pick and who we don't. Other than, I want to super serve you, and give you the best person. Is a referral service. Just go there. Tell us where you're buying, selling. And we'll get you some of the best real estate agents in the country. Ten-second station ID.

So as the -- as the Fed rate goes up, these Treasuries are worth less and less. If you have to sell them. Correct?

Wait. We're missing you. Hang on just a second. I don't --

CAROL: Okay. Did you get it? Yeah. So, you know, obviously, the -- not to get too wonky. But the interest rates, or the yield on the bonds trades an inverse on it. And if you think about it, why would you buy a ten-year that was on the market from a long time ago, that's yielding 1.1 something percent interest, when you can buy something that's at two years right now, that gives you 5 percent interest. That doesn't make any sense.

So their current value on the market is lower. Again, if you hold them to maturity, if they hold them to 10 years, you still get the full amount of the face value, plus, the interest. It's just the tradable value today, in that interim time period. Because there's not a lot of demand for that.

GLENN: Right.

So for any small bank that is holding these, if there's trouble, they could be in trouble just like Silicon Valley Bank.

Now, the FDIC, we were told, you know, that's the insurance.

And he said, we're -- don't worry. You don't have to worry about it.

The banks that paid into it.

Well, they don't have enough just to cover what they covered yesterday. So they're already upside down.

So that means, if we do have runs in the bank, in the future, you know, near future.

They don't have any money. Which leads me to believe, we will just print the money.

Doesn't -- I mean, the inflation rate of what we're doing is crazy. Is this the beginning of the currency death cycle?

CAROL: Well, the currency death cycle began a long time ago.

I would say a couple of things. From an FDIC standpoint. They are saying, we are going to put a fee out to other banks.

So when Joe Biden comes out and says, the taxpayers aren't paying for this. You aren't paying for it directly.

But you certainly will be, whether it's a lower interest read on your money, or more fees or whatnot, if all the other banks have to go in.

What I do think can happen here, in the meantime, is, you know, with the bank, they're trying to sell off pieces of it.

And they're trying to find new homes for it. So the FDIC is covering it. Its insurance, if it needs to make it whole. But if somebody else were to buy it or buy other assets. There's a way that that structure sort of happens. And obviously, that's the best-case scenario.

And again, frankly we just should have never gotten to the point, where we had this panic. But, you know, the idiots didn't prevail there.

You know, should there be a God forbid, wide run?

Yes. And in terms of trying to dissolve this would-be money printing. Again, if I can respond.

Some people did not like what I had to say. That's sort of my point.

Someone is saying -- I'm not paid by anybody. I'm saying, we wanted to stem this, because what would happen to everybody.

People who are not involved at all, would have cost you a lot more than this, you know, kind of temporary pin here.

GLENN: I don't think people understand the destruction that is coming our way. It's coming.

This is going to happen. It's just a matter of when.

And people are like, you know, I'm fine. Bring it on.

No. You really don't understand.

You should be in a healthy way, terrified of what's coming. And I use the word terrified.

Do you remember, our grandparents went through something, that they were 50 years away from.
And they were still like, it could happen at any time.

That's the kind of pain that America is about to go through. And remember, those people grew up without indoor toilets. Okay?

They grew up without all the fancy stuff that we have now.

They didn't have that far to fall back.

We have an enormous way to go back.

You should be terrified of it.

In a healthy way.


War & civil unrest: What could happen if the BANKS COLLAPSE

Glenn doesn’t believe America’s recent banking crisis is the big one he’s been warning about…but that one still may be just around the corner. And the numbers he shares in this clip at least show that the big banks aren’t looking good. So, what’s next? In this clip, Glenn details several scenarios — like war and massive, civil unrest — that could occur if and when the banks collapse. He explains why bank failures could lead to a central bank digital coin and also why you MUST not panic: ‘Panic makes this whole thing happen…


Below is a rush transcript that may contain errors

GLENN: If you're a long-time listener of this program, you know I'm always concerned with the financial crisis. It stems back to 2008, which I thought at the time, back in 2006 and '7, I was telling you, this is a big one. Could cause depression. What I didn't foresee, was that the federal government, what was it that George Bush said? Violate the free market system to save the free market system. Instead, we did not save the free market system. What we did was make the problem bigger. At the time, in 2008, our banks were too big. Too big to fail. We have to break these big banks up.

Well, nobody did that in 2008. In fact, the opposite happened. They got bigger. And now well, what's happening?

They're bailing the bigger banks out. Making the big banks bigger. Credit Suisse just rolled into a big bank. This is what will happen. We will end up with four banks. And then we will end up with the fed.

And by violating the free market, everything went off the rails. Last week, banks borrowed a combined $164.8 billion, from two Federal Reserve backstop facilities.

And so you know, data published by the fed showed 152.85 billion in borrowing from the discount window.

Then, they did a record high from 4.85 billion, the previous week. So they went from 5 billion to 152 billion, in a week.

The prior all-time high was in 2008. And that's when the banks got together, and they borrowed $111 million. That was at the height of the financial crisis.

Remember, we're not in a financial crisis. We had a little bump in the road. Everything is fine. They borrowed 152 million.

So what? 41 billion more, than they did in 2008.

STU: To be fair, with inflation, that number is 94 trillion today.

GLENN: The data also showed, 11.9 billion in borrowing from the new emergency backstop known as the bank term funding program, which was launched last week.

Other credit extensions totaled 142.8 billion dollars.

So you got all that. You got all that happening, in the background of everybody telling you, that it is fine.

I want you to know, if you're a long-time listener, you know that I freak out about these things.

I said last week, I don't think this is it. But it will look a lot like this, when it does come.

And I want to spend just a couple of minutes here, talking to you about what is coming eventually.

I -- I could be wrong, this could be it.

I don't think it is. But I am growing more cautious by seeing what's happening behind the scenes.

Lots of planes. Lots of planes flew in to see Warren Buffett over the weekend, after Warren Buffett had a phone call with Joe Biden about the banking system, all these people, we don't know who they are, we think they went and met with Warren Buffett. We don't know. But what I do know, is in 2008, we were trying to stop a depression. Remember? They said, the entire banking system was about to collapse. And it would have put us in a depression. There's $23 trillion in the US banking system today. And everything is interconnected.

The contagion, meaning one bank falls, and then it's dominoes. It goes across the water. And it will collapse everything, unless you're disconnected.

Hello, Russia. Unless you're disconnected from that banking system. The banks were saved in 2008.

But just that crisis, with them being saved, we had unemployment at nearly 11 percent.

We are now looking at a bigger problem, if it fails.

We're looking first at our big local and regional banks.

The government will have to bail them out. By the way, do not take your money out of those banks.

You will be FDIC-insured. If you're a business, check with the bank. But don't take your money out because that will collapse the system.

They provide 60 percent of all of our commercial loans.

If the small banks collapse, 60 percent of all of our loans, and our businesses collapse.

Be very, very bad.

We are not looking at a depression situation. We are looking at a complete collapse of the West if this happens. You'll have social unrest. But I think you're already. I mean, the government is assuming this up already.

It will happen not only here. But all over the western world.

That will cause a further breakdown of supply chains. If you lose 60 percent of your business funding, for your businesses and your country, what does that mean?

It means, you will have lots of people, without jobs, they're not making things.

Which then what happens?

You have the supply chain, you first need to worry about medicine and food.

Because that will be of a real concern. But if businesses lose their Capitol. They lose their ability to produce products and services. They lose their ability to employ. People lose their jobs.

That would make for worse inflation. Maybe hyperinflation. Because the federal government will bail everybody out. And all of that money. Will be circulating. And fewer goods, if the global economy were to collapse. Fewer goods would be coming in. So the price of those goods would go to hyperinflation. The issue is that the middle class. The working class. The poorer class. They're the ones who will bear the brunt of most of this.

Last time, around from 2007 to 2011, 5.7 million people, had their houses foreclosed, or short sale.

We are looking at a possible and it -- I really, truly believe this will happen before 2025, so you need to mentally prepare. This is a completely different world, if this happens.

And if it happens, it will happen quickly. We are headed towards a currency reset.

If it's a -- if it is a cryptocurrency, if it is a central bank digital coin. CBDC, we're going to get bargaining.

And here's what's going to happen. The government will step in, this is too big for anybody else to handle. We'll handle it with the fed. We're resetting the currency.

It's going to be a digital dollar. You will be in the fed.

Every American has an account now with the fed.

We will give you more than what your dollar is worth right now. For the first, I don't know, eight weeks.

Your dollar will be worth a dollar 25. So get your digital currency now.

And in six weeks, it will be worth a buck. And six weeks after that, it will worth 75 cents. Eventually, it will be worth nothing. And it will force everybody into a digital currency. Which will ultimately control absolutely everything you do, and a lower standard of life.

But a lot of people will be happy. Because there's some enormous. It also would mean that most likely, a war. All of these things are -- are beyond possible right now.

The financial and the reset to a digital currency is not just possible. It is probable.

The war. I don't know. What would you say, Stu? Probable? Or just still possible?

STU: Probable?

GLENN: Yeah, I think so too.

Probable. So you have to get yourself in a different mindset. Please.

I told my wife. And I'll tell you, because I want to tell you, what I would tell my own family.

We have to go shopping tonight. You know, we have our emergency food. But if this happens, you'll have a breakdown worse than COVID.

You won't be getting the money. The money will start to inflate quickly. Prices will spiral out of control.

And when you have -- especially in some areas, when you have a breakdown of trucking. Or supply chains. You will have a hard time getting things.

So I would just recommend, do not hoard, but grab some extra things, and have them ready.

This may not be the time. But I like to sleep at night.

Take care of your family, and do the right things. Do not panic.

Panic makes this whole thing happen. So do not panic.


Glenn: Do this TODAY to help stop possible Trump arrest

They’ve got the man. And now, the far-left is just trying to find the crime that will put him behind bars — and away from their political power — forever. It’s un-American, Glenn says, but thankfully YOU can help. Now may not be the time to march in the streets, but there is another way you can peacefully protest what the far-left is currently doing to our rule of law. And it’s simple: ‘Burn up those phone lines,’ Glenn says. ‘[Call] as many GOP representatives as you can possibly dial.’


Why a Trump indictment would make America a BANANA REPUBLIC

What is the far-left accusing Donald Trump of NOW? And will the former president truly be indicted? If so, what does this mean for America’s future? Alan Dershowitz, Harvard Law School Professor Emeritus and author of ‘Get Trump,’ joins Glenn to explain why this latest move from the far-left is ‘destroying the rule of law in America.’ He explains the exact charges the left intends to pit against Trump this time around, and why — if they’re successful — it could send our nation towards becoming a banana republic…


Below is a rush transcript that may contain errors

GLENN: Mr. Alan Dershowitz. How are you, sir?

ALAN: I am doing great. I wish the country were doing great. I think the impending prosecution of Donald Trump will destroy the rule of law, in America. Which is why I wrote my book, get Trump.

Because that's what they're doing. They're focusing on a person rather than a crime.

You know, the Torah, the Bible one, don't take bribes. That's obvious.

The other is do not recognize faces. Do not do justice based on who the person is. That's a problems in the Bible. That's a prohibition in the constitutionally. it's a prohibition into the rule of law.

And yet, the district attorney of Manhattan, ignoring previous district attorneys. Ignoring the US attorney's office. The Justice Department. Is going after a made-up crime. A crime that does not exist. It's part of the bet Trump.

And if you want to protest get Trump. Michael get Trump.

That will send a message, that will approve of that.

GLENN: Which a few years ago, it would have happened. But I don't think they're going to do it this time. Because we know this federal government. This Justice Department, does not protect the lawful gathering of American citizens to speak their voice.

We also are concerned about, is that an FBI guy, who is trying to get the crowd all whipped up into a frenzy?

I mean, we don't believe our rights are protected as an average citizen anymore. That's a frightening place to be in America.

ALAN: And it's not only the Justice Department. It's the New York City the attorney general of New York ran on the campaign of get Trump. That's where I I got the title of my book from. Her campaign, get Trump. Promise to get Trump no matter what. Constitutionally be damned. The Bill of Rights be damned. get Trump. That's the most important thing, to stop him from realizing. Of course, the irony is constitutionally provides for only, you know, a hand handful for bases for running. You have to be against the North.

And you have to have been been born in America. And he satisfies all of that criteria. So stibbling run.

And this may backfire on Democrats who are abusing the law to get Trump.

And I hope that does. And I hope that maybe the district attorney will listen to reason. And will not indict him.

You know, justice Jackson once said, that any prosecutor can rummage among the hundreds of statutes that you have. And try to find something against anybody. Not just Trump. Not just Hillary Clinton.

But you and me. And your uncle Charlie and grandson. They can find something. And if this prosecution is allowed to go forward, and culminate in the conviction. It will mean that they will start making crimes up against the average person, who they don't like.

GLENN: Can you -- can you take us through this at all, Alan.

Because people will say, okay. I don't think you should be paying hush money. Is that illegal? What charges are they so that we don't

ALAN: Sure. It's never been done before, number one. So they're charging him with a misdemeanor. Misdemeanor six years ago. They are trying to turn the misdemeanor into a felony, by saying that the reason he paid, quote, hush money. It wasn't hush money. But the reason he settled the case was to help his campaign, rather than to avoid embarrassment with his wife and his family. his children, et cetera.

They're not going to be able to a prosecutor can a little grandly Jill to indict a ham sandwich.

And in New York, you can do probably get a petit jury to change sandwich, as long as his name is Trump.

So there is a possibility that he will get indicted and get convicted. I think it will reverse on appeal. in making up crimes. This is making up crime.

So they say that he paid the hush money, in order to help his campaign. And therefore, the payment was a campaign contribution.

It's never been done before. They tried it once before, on candidate Edwards. And it was a much, much stronger case. And, of course, they lost in front of a jury.

But it's never been tried since. And that was a federal crime.

This is a state crime. And it's a shame that a district attorney would abuse justice so greatly. And it endangers justice for all of us.

GLENN: So, Alan, where is anyone?

When we get to a place to where we're taking out our opponents.

I mean, I spoke to Mike Lee about this. With Hillary Clinton. And what was going on with Hillary Clinton. And he said, Glenn, once you start going after an opponent, you become a banana republic, the republican is just over.
because the retribution. The other side will say, oh, we're playing that? once said, well, my friends everything. For my enemies, the law. The law.

And that's what will happen.

And senator Lee is right. Senator Lee's father is a good friend of mine. We clerked technology on the United States Supreme Court. And Lee is a Bill Clinton, Bill Clinton guy. And he's right, we don't want to be a banana republic on either side.

GLENN: So my question to you is: Where are the classical liberals?

Where are the people that don't like Donald Trump? But will stand up and say, this is about principle here?

SPEAKER ONE: Well, you're talking to them. I'm the last standing, oh, I may have a handful of colleagues.

But where are the civil liberties union people?

Where are people who are supposed to care more about our liberty than they do about partisan politics?

They have disappeared. They're not there.

And that's not why I'm the one writing the books now. Get Trump. I'm the one who is trying as a liberal Democrat. As I said over and over again.

I voted for Trump twice. I have a constitutional right to vote and don't stop me from doing that. Don't stop me from making the disquisition run, formal president.

That is banana republic. And we're moving toward that. And it has to stop. And there's no mechanism.

You know, in California, there was a mechanism. You could withdraw and remove the district attorney. And if New York had a Republican attorney, they would be removing the district attorney.

But the democratic and no recall improvements district attorney gets his way. And there will probably be an indictment. I don't know if it will be tomorrow or not. I don't know if they'll do a pepper strengthen Donald Trump's base. People will be so angry with them. I've got call you wills from people. look, we're oops. We were plan oops we were planning to vote for Nikki Haley. But we'll vote for Trump. Because that's the and weaponization of the law.

You know, I have a better form of protest. Buy my book. Then you don't have to vote for Trump.

But it is -- it will backfire. Now, will it backfire in New York?

Probably not. he gets his 15 minutes of fame.

Even if it's reversed on appeal. He'll say, oh, that's not my fault.

I indicted him. I convicted him. Vote for me. We're the only country, did you know this, the only country in the western hemisphere? The only country among Democrats that elect prosecutors. Elect prosecutors. And every other country, they are civil service jobs.

And they are not subject to -- for the whims of political fortunes.

But we have elected prosecutors. And prosecutors prosecute people, based on how much good it will do them in the next election. And there's something very wrong with that.

GLENN: Well, the whole system, I've said, have you tried plugging it back in to factory is that we told them to happen. It is so dirty all the way through.

So -- so, Alan, what should the -- besides biker book, what should the American people be doing right now?

ALAN: Well, we should be protesting. I don't call for people going out on the streets. But I do call for people to write to their senators and congressmen, the New York authorities, evangelizing shows like yours, which have a big impact on national opinion. And making sure that we're not silent about this. We have to speakable out. And your message is as clear as can be. Where are the civilian Libertarians? Where are the people saying, look, I'm in favor of Biden. I will vote for him.

I don't like Trump. But I don't like the way he's

SPEAKER SEVEN: That's the American way. The American way is to protest. for a redress of grievances.

That's in the First Amendment.

And we have to all take advantage of that. We do have a double standard of justice in America today.

I'm representing one of the young men on January 6th. He's a law school student. He was denied the opportunity to graduate. Even though he was a top student.

Because he went to the capital, to and then he was waved into the capital by police. We have videotape showing it.

Yet he's problematical formal a felony.

Whereas, the people who destroyed property and hurt people, in various parts of the country, following the George Floyd murder, weren't being prosecuted.

Were they do ways. sole that means no standards.


Swimmer EXPOSES ‘emotional blackmail’ within trans athlete debate

Riley Gaines, former University of Kentucky swimmer and a 12-time NCAA all-American athlete, refuses to stay quiet about transgender athletes competing in women’s sports — no matter how much backlash she may receive. She joins Glenn to detail why ‘people are scared’ to speak out, the ‘emotional blackmail’ some athletes receive when they do, and why allowing trans athlete to compete in women’s sports creates a dangerous ‘slippery slope.’ Plus, Gaines gives invaluable advice to those who may be in a similar situation she was once in, but who may be afraid to take a stand and speak the truth…