RADIOJuly 21, 2022

How BlackRock uses YOUR MONEY to push ESG & far-left plans

BlackRock — the largest asset manager in the WORLD — lost an unprecedented 17 BILLION DOLLARS over the last 6 months. BlackRock’s losses are in part due to the overall market downturn, Vivek Ramaswamy tells Glenn. BUT the policies BlackRock continues to push, like ESG, are responsible for today's struggling market. Ramaswamy, author of ‘Nation of Victims,’ describes just how toxic ESG policies are to America, to our economy, and most recently, to energy companies and oil supplies around the WORLD. And, thanks to BlackRock, it’s only getting worse. Plus, he explains how YOUR money could be helping BlackRock push ESG and other far-left initiatives and plans…

Transcript

Below is a rush transcript that may contain errors

GLENN: Vivek, my friend, how are you, sir?

VIVEK: Good to talk to you, Glenn. How are you?

GLENN: Very, very good. You are a guy, who I think -- one of the few that actually really gets ESG and the Great Reset. Believes and understands how dangerous it is, and is working to educate people, and also help us beat it. Let me -- let me start with what's happening with ESG and BlackRock.

Is -- is BlackRock's downturn in their profits, is this something that is caused by ESG? Or is this just the downturn of the market, that everybody is feeling?

VIVEK: Well, the answer to that question, Glenn, is it is both of those things. In part, because BlackRock is contributing to the downturn in the market that everyone is feeling because of ESG.

So I'll explain to you how that works. Where, this is the largest asset manager in the world, managing over $10 trillion. $10 trillion.

About half the U.S. GDP in the hands of one firm. And if you add Vanguard and State Street to the list, the top three, they manage more than the U.S. do. And what they do, they're aggregating the money of everyday citizens -- probably most people listening to this program, actually. Probably you and me included. Which, we don't know it, through our 401(k) accounts, through pension fund accounts, et cetera. And what they do, is they use that money to advocate for these ESG policies in corporate America. Climate change plans. Emissions caps. Diversity, equity, inclusion quota systems for race and gender on board, et cetera. They use our money to advocate for those principles in corporate America, that makes companies less successful. And as we've seen this year, has actually contributed to stock market declines, as well, in my opinion. And the ESG specific funds, this year, Glenn. Have underperformed the broader market as a whole. Even though the broader market as a whole, have done badly enough. And I think a big reason why the broader market has done badly. Is because of these demands of these ESG-linked asset managers. But the ESG-specific funds have done even worse. So the answer to your question, is there a downturn because of the broader market? Or is it because of the failures of ESG?

The answer is both. Because part of the reason the broader market is turning down, is exactly because of some of these toxic policies, that cause companies to focus on these social agendas.

GLENN: So let me ask you if -- because this -- I'm -- I'm not an investor guy. I really -- I mean, I should never be around money. I'm horrible at investing. However, it's -- it would be my feeling, that if you are in a place, to where oil is as scarce as it is, if we didn't have ESG, wouldn't the -- the energy market be the place to put your money, or is that just a Glenn Beck, you know, thought?

VIVEK: You know what, it's not just Glenn Beck. It's Warren Buffett, quietly starting to behave this way too, Glenn. So you might give yourself a little bit more credit, than you just did.

But actually, if you think about it, you know, this is -- the potential moment for U.S. energy to really shine, and rise to the occasion. Not just as an investment proposition. But as a proposition to meet the needs of Americans, at a time when there's a massive supply/demand imbalance, right? You remember, as recently as 2018, the U.S. was the world's largest producer of energy. How quickly things have changed now, with the U.S. president groveling in front of foreign dictators around the world, begging them to produce more oil, that the U.S. could be producing instead.

And now, I know the Biden administration is trying to walk this back. I think a lot of ESG managers like BlackRock are trying to walk this back, and say, well, we didn't really want to end fossil fuel production. Actually, he's making good on a campaign promise. In September of 2019, on the campaign trail, I'm quoting him exactly. Here's what President Biden. Then candidate Biden said, I guarantee you, we're going to end fossil fuels, end quote.

That was a campaign promise, that he's now delivering on. But he has multiple tools to deliver on it. Because normally the way constitutionally, you would deliver on that campaign projects. You would get a law passed through Congress. Well, he doesn't have the political support to do that.

American people haven't given Congress the political support to do that. Joe Manchin won't even stand in the way of doing -- won't even allow that to happen. And so what are they doing now?

They're resorting to other means, like executive action. Through the climate change emergency. We'll see -- we'll hear more about what that means. They're doing it through the private sector.

Deputizing the cronies like BlackRock, many of whose alumni, by the way, work in the Biden administration. But large private sector actors, they do favors for them, in return for those private actors, doing it through the back door, what government could not get done through the front door through Congress, the constitutionally ordained way for actually passing laws.

So he's delivering on that campaign promise, but doing it through the back door in ways that I think will make our Founding Fathers shun her, if they actually knew the way the government was -- was treating big -- private sector and using the invisible fist of government, instead of the invisible hand of the market to actually reach these outcomes.

GLENN: So one more -- one more question on -- on food now. Would food be the same thing? Because we have -- we have the ability. We have the property. The land. We have the farmers. We have the history of being the world's breadbasket. If it wasn't for ESG, wouldn't this be the time that farming would be the best kind of investment, where you would -- we would be selling our wheat and our food, all over the world. We would literally be feeding the world. If it wasn't for ESG. Am I wrong on that?

VIVEK: And at a time when there's real demand and need for it as well.

GLENN: Correct.

VIVEK: So, Glenn, these are all part of the same categories. Because energy is upstream of food production as well. Right?

It takes energy to transport food, to be able to export food, to be able to produce food, to be able to put the ingredients together. So I agree with you. I kind of look at energy as even more fundamental. Because it's upstream of nearly every other sector and nearly every other production means. But the thing for people to understand here, is that this is -- this is damage that's been done in the last few years, by the merger of public power and private power. So that's what makes it so hard to find the source. Because the one hand, Biden can say, this is not my fault. This is just the decisions of the private sector, that stop drilling for oil. That stop fracking for a natural gas. We didn't do that. There's no policy that you could point to. But, actually, the reason why they're doing it is because of the ESG movement in the private sector, that this administration, and the modern left, supports through the back door.

So that's kind of how they're able to really trick the public, through this Jiu Jitsu move, saying that, oh, this isn't the private -- this isn't us passing laws to do this. We're just seeing the private sector under investigation. Oil and gas. That's why they feel gas prices are high. When, in fact, they're responsible for causing it. And that's what people need to wake up to.

GLENN: Okay. So they are -- they are not talking to the American people about this. They're blaming the private sector. And that usually means the investors and the companies. But the investors are not necessarily a part of this. A lot of us are invested in these companies. Through our 401(k) et cetera, et cetera.

And we're not telling the companies to do this. Do the companies want to do this, or is it based just on the pressure from places like BlackRock who have a lot of those shares, because we've -- we run our money through BlackRock for our 401(k)s.

VIVEK: It's really the latter, Glenn. So the U.S. energy sector. The potential of U.S. energy to be able to supply not only America's needs, but the global needs is staggering. And this isn't just a policy failure. It's an American travesty, when those same countries have been hamstrung from being able to do their jobs. Now, most people choose -- choose (cut out). Production. This is the travesty, and then. It's the fraud of our time. When Americans are paying for $5 a gallon at the pump on the one hand. Want knowing that their own 401(k) accounts, and brokerage accounts are actually subsidizing the very ESG agenda that gives them 5-dollar gas in the first place. And I think that once people start to see that with clear eyes, the good news, is we find our way to a better way forward. To say, we're not going to let somebody else abuse my money. Abuse my savings. To be able to send messages to the U.S. energy industry, that I absolutely don't want to be delivering to the U.S. energy industry. I want them to make great products.
That's actually what I think accepting this battle looks like.

GLENN: Well, we have a ton of states now, that are looking to move their money. And, you know, all of the pension funds and everything else.

We have a lot of states that want to do that. We have a lot of people that want to do that. But I'm assuming, this is what you're working on. You -- I think you told us, last time you were on. That you were going to start something, and go right after BlackRock. And is that -- is that happening?

VIVEK: I started to strive earlier this year. Creating a firm. To compete head-on versus BlackRock. These are problems, Glenn, created in the market, that need to be solved through the market. So that's where I started to strive. And we'll take these guys. And I've learned a lot over the last few months, even. About how broken that pension fund system, at the state level really is.

And this isn't even a Republican or a Democrat issue. You know, we talk about -- you want to talk about the Deep State and the federal government. I think it exists at the state level. I think it exists at the corporate level.

These are institutionalized, bureaucratized actors. That you know BlackRock and State Street and Vanguard, they've mastered this system over the last ten to 20 years. And it's an ossified system, that in absence of everyday citizens speaking up and demanding change. You'll have a mid-level bureaucrat, who will happily sit and collect his paycheck, without wanting to be board. That's going to say, well, this is what I've done. And I'm not going to pay any more if I serve my citizens or not, so leave me alone. You know, I'm overstating the case. But only by a little bit. Which is exactly how many of these mid-level bureaucrats at the state level think, or even communicate. And I think at the end of the day, the right answer is going to come from everyday citizens demanding change. Kind of what you saw on a small scale, the school boards last year. Parents taking educational control back into their own hands, not leaving it to some sort of bureaucratized school board and saying, that it's your job to educate my children. No, they're my children. And I have a say in how do you they're educated. It's the equivalent. I think bottom-up. You know, sort of a positive revolution of sorts, that we need to see.

GLENN: Yeah.

VIVEK: To say, this is my hard-earned savings. I want to take control. Just like, it's my kids, it's my money. It's not your money. It's definitely not your money, BlackRock. That's what we're going to need to say.

GLENN: Yeah. I -- I -- I think the same thing could be said, for what we saw with Afghanistan.

I mean, just this audience, raised almost $50 million, in -- in like three weeks. To go and save and rescue people. From the Afghanistan debacle.

We flew the last plane. This was the deal we had to make with the State Department. That we could get our people out, if our first plane, that flew out, would carry our special forces. We're the ones that paid for that.

I mean, it's incredible. But it's also a great -- a great example of what a group of people can do, if they really set their mind for it.

Vivek, hang on just for one minute, I have one more question for you. But first I have to tell you about the Tuttle Twins. They have a powerful, powerful new book. It's called American history. 1215 to 1776. It is a history book. It's a storybook. It's not about the dates and the -- and the memorization of names. It's about the ideas.

Because that's what history is supposed to teach us. What idea replaced the old idea? And how did we get there? And what did we learn from it? If you learn from history, and not the names and the dates, if you learn from the story, you'll be able to apply that to our future. And that's what's missing right now. We don't know our own history. We're not teaching why fascism. How it came about. Why it happened. And how bad it was. We're not teaching -- we're teaching more that than of communism.

We're not even teaching what worked here in America. And what set us apart. The Tuttle Twins book, does it. They have an amazing deal right now. They're throwing in 200 pages of companion curriculum, and activities. An audiobook version. Videos to help the lessons from the book to come alive. It's like 250 pages itself. Your kids will love it. You will love it. I think every American home, needs to have a copy of American history. By the Tuttle Twins, in their home. TuttleTwinsBeck.com. TuttleTwinsBeck.com. You can preview a free sample of the chapter, and you can see for yourself, why it's, I think crucial to own. It's TuttleTwinsBeck.com. Ten-second station ID.
(music)
Vivek, earlier this week, I came back from vacation, and I -- I said, the most important story, since I've been gone, was the Sri Lanka, overthrow of the government. And kicking out of the president. Because, the World Economic Forum said, this is the motto. And there was a story up at WEF.org. That said, the headline was, how we're going to make Sri Lanka rich by 2025. So they implemented all of this stuff. They did everything the World Economic Forum said to do. And I talked about it, and read that story, on the air. By the time I got off the air, the World Economic Forum had taken that story off of their website.

But do you agree that Sri Lanka is the example that we should all be looking at, saying, they're the ones who did it. And look how it turned out.

VIVEK: I think it's a great example, unfortunately, Glenn, I would like to see it is the example. Unfortunately, we're seeing more and more examples by the day. Look at what's happening in Ghana. Look at what's happening in the Netherlands. Look at what's happening in the United States and Canada, at a smaller scale.

We have an energy supply shortage that we just talked about in this country. But you're right, Sri Lanka is a great example, to see what happens when these toxic philosophies are taken to their logical extent.

And, you know, I think this is a trans national issue, Glenn. It's a trans partisan issue. Goes beyond partisan boundaries, national boundaries. It is a global monarchy. And it's going to take a revolution to fight it.

GLENN: I agree. I agree. You're exactly right. Vivek, thank you so much. Be a part of that revolution. Because we're in one, whether you like it or not. And we don't need to pick up our guns. We need to inform ourselves and inform our neighbors. Knowledge, knowledge is power.

The Globalist Elites' Dystopian Plan for YOUR Future | Glenn Beck Chalkboard Breakdown

There are competing visions for the future of America which are currently in totally different directions. If the globalist elites have their way, the United States will slide into a mass surveillance technocracy where freedoms are eroded and control is fully centralized. Glenn Beck heads to the chalkboard to break down exactly what their goal is and why we need to hold the line against these ominous forces.

Watch the FULL Episode HERE: Dark Future: Uncovering the Great Reset’s TERRIFYING Next Phase

Barack & Michelle tried to END divorce rumors. It DIDN'T go well

Former president Barack Obama recently joined his wife Michelle Obama and her brother on their podcast to finally put the divorce rumors to rest … but it didn’t exactly work. Glenn Beck and Pat Gray review the awkward footage, including a kiss that could compete for “most awkward TV kiss in history.”

Transcript

Below is a rush transcript that may contain errors

GLENN: Now, let me -- let me take you to some place. I think kind of entertaining.

Michelle Obama has a podcast. Who knew?

She does it with her brother. Who knew? It's -- you know, I mean, it's so -- it's a podcast with two brothers. Right?

And -- and it -- they wanted to address the rumors, that they're getting a divorce. And this thing seems so staged.

I want you to -- listen to this awkward exchange on the podcast.

Cut one please.

VOICE: Wait, you guys like each other.

MICHELLE: Oh, yeah. The rumor mill. It's my husband, y'all! Now, don't start.

OBAMA: It's good to be back. It was touch-and-go for a while.

VOICE: It's so nice to have you both in the same room today.

OBAMA: I know. I know.

MICHELLE: I know, because when we aren't, folks things we're divorced. There hasn't been one moment in our marriage, where I thought about quitting my man.

And we've had some really hard times. We've had a lot of fun times. A lot of adventures. And I have become a better person because of the man I'm married to.

VOICE: Okay. Don't make me cry.

PAT: Aw.

GLENN: I believed her. Now, this is just so hokey.

VOICE: And welcome to IMO.

MICHELLE: Get you all teared up. See, but this is why I can't -- see, you can take the hard stuff, but when I start talking about the sweet stuff, you're like, stop. No, I can't do it.

VOICE: I love it. I'm enjoying it.

MICHELLE: But thank you, honey, for being on our show. Thank you for making the time. We had a great --

VOICE: Of course, I've been listening.

PAT: What? No!

GLENN: They're not doing good. They're not doing good.

Okay. And then there was this at the beginning. And some people say, this was very awkward. Some people say, no. It was very nice.

When he walks in the room, he gives her a hug and a kiss. Watch.

Gives her a little peck on the cheek.

PAT: Uh-huh. Uh-huh.

GLENN: Does that --

PAT: Does that look like they're totally into each other?

GLENN: Well, I give my wife a peck on the cheek, if she walks into a room.

PAT: Do you? If you haven't seen her in months and it seems like they haven't, would you kiss her on the cheek? Probably not.

GLENN: No, that's a little different. That would be a little different. But I wouldn't make our first seeing of each other on television.

PAT: Yeah, right, that's true. That's true.

GLENN: But, you know, in listening to the staff talk about this. And they were like, it was a really uncomfortable -- okay.

Well, maybe.

PAT: I think it was a little uncomfortable.

GLENN: It was a little uncomfortable.

It's still, maybe. Maybe.

But I don't think that rivals -- and I can't decide which is the worst, most uncomfortable kiss.

Let me roll you back into the time machine, to Michael Jackson and Lisa Marie Presley. Do you remember this kiss?
(applauding)

GLENN: He turns away, immediately away from the camera. Because he's like.

PAT: He was about to vomit. Yeah.

GLENN: It was so awkward. When that happened, all of us went, oh, my gosh. He has only kissed little boys. What are we doing? What is happening?

He doesn't like women, what is happening?

And then there's the other one that sticks out in my mind of -- and I'm not sure which is worse. The Lisa Marie or the Tipper in Al Gore.

VOICE: The kiss. The famous exchange during the 2000 democratic convention was to some lovely, to others icky.
(laughter)

GLENN: That's an ABC reporter. To some lovely, others icky.

And it really was. And it was -- I believe his global warming stuff more than that kiss.
(laughter)
And you know where I stand on global warming.

That was the most awkward kiss I think ever on television!

PAT: Yeah. It was pretty bad. Pretty bad.

GLENN: Yeah. Yeah.

So when people who are, you know -- these youngsters.

These days. They look at Barack and Michelle. They're like, that was an awkward kiss.

Don't even start with me.

We knew when we were kids, what awkward kisses were like.

PAT: The other awkward thing about that.

She claims, there was not been one moment in their marriage.

Where she's considered reeving him.

GLENN: Yeah.

PAT: She just said a while ago. A month or a year ago, she hated his guts for ten years. She hated it.

GLENN: Yeah. But that doesn't mean you'll give up.

PAT: I guess not. I guess not. Maybe you enjoy being miserable.

I don't know.

GLENN: No. I have to tell you the truth.

My grandmother when I got a divorce, just busted me up forever. I call her up, and I said, on my first marriage.

Grandma, we're getting a divorce.

And my sweet little 80-year-old grandmother, who never said a bad thing in her life said, excuse me?

And I said, what?

We're getting a divorce.

And she said, how dare you.

I said, what's happening. And she said, I really thought you would be the one that would understand. Out of everybody in this family, I thought you would understand.

And I said, what?

And she said, this just -- this just crushed me when she said it.

Do you think your grandfather and I liked each other all these years? I was like, well, yeah.

PAT: Wow.

GLENN: Kind of. And she said, we loved each other. But we didn't always like each other. And there were times that we were so mad at each other.

PAT: Yeah. Yeah. Uh-huh.

STU: But we knew one thing: Marriage lasts until death!

PAT: Did she know your first wife?

GLENN: Okay. All right. That's just not necessary.

No, Trump’s tariffs ARE NOT causing inflation

The media is insisting that President Trump's tariffs caused a rise in inflation for June. But Our Republic president Justin Haskins joins Glenn to debunk this theory and present another for where inflation is really coming from.

Transcript

Below is a rush transcript that may contain errors

GLENN: Justin Haskins is here. He is the president of Our Republic. And the editor-in-chief of stoppingsocialism.com.

He is also the coauthor with me at the Great Reset, Dark Future, and Propaganda War.

So, in other words, I'm saying, he doesn't have a lot of credibility. But he is here to report -- I don't even think you're -- you're -- you were wrong on this, too, with the tariffs. Right?

JUSTIN: Well, at some point, I was wrong about everything.

GLENN: Yeah, right. We are all on the road to being right.

But this is coming as a shock. You called yesterday, and you said, Glenn, I think the tariff thing -- I think the president might be right.

And this is something I told him, if I'm wrong. I will admit that I'm wrong.

But I don't think I'm wrong.

Because this goes against everything the economists have said, forever.

That tariffs don't work.

They increase inflation.

It's going to cost us more.

All of these things. You have been study this now for a while, to come up with the right answer, no matter where it fell.

Tell me what's going on.

JUSTIN: Okay. So the most recent inflation data that came out from the government, shows that in June, prices went up 2.7 percent. In May, they went up 2.4 percent. That's compared to a year prior. And most people are saying, well, this is proof that the tariffs are causing inflation.

GLENN: Wait. That inflation is -- the target is -- the target is two -- I'm sorry.

We're not. I mean, when I was saying, it was going to cause inflation. I thought we could be up to 5 percent.

But, anyway, go ahead.

JUSTIN: So the really incredible thing though. The more you look at the numbers. The more obvious it is, that this does not prove inflation at all.

For starters, these numbers are lower, than what the numbers were in December and January.

Before Trump was president. And before we had any talk of tariffs at all.

So that is a big red flag right at the very beginning. When you dive even deeper into the numbers, what you see is there's all kinds of parts of the Consumer Price Index that tracks specific industries, or kinds of goods and services. That should be showing inflation, if inflation is being caused by tariffs, but isn't.

So, for example, clothing and apparel. Ninety-seven percent, basically.

About 97 percent according to one report, of clothing and apparel comes overseas, imported into the United States.

GLENN: Correct.

JUSTIN: So prices for apparel and clothing should be going up. And they're not going up, according to the data, they're actually going down, compared to what they were a year ago. Same thing is true with new vehicles.

Obviously, there were huge tariffs put on foreign vehicles, not on domestic vehicles. So it's a little bit more mixed.

But new vehicle price are his staying basically flat. They haven't gone up at all. Even though, there's a 25 percent tariff on imported cars and car parts. And then we just look at the overall import prices. You just -- sort of the index. Which the government tracks.

What we're seeing is that prices are basically staying the same, from what they were a year ago.

There's very, very little movement overall.

GLENN: Okay. So wait. Wait. Wait. Wait.

Wait.

Let me just -- let me just make something career.

Somebody is eating the tariffs. And it appears to be the companies that are making these things. Which is what Donald Trump said. And then, the -- you know, the economist always saying, well, they're just going to pass this on in the price.

Well, they have to. They have to get this money some place.

So where are they?

Is it possible they're just doing this right now, to get past. Because they know if they jack up their price, you know, they won't be able to sell anything. What is happening?

How is this money, being coughed up by the companies, and not passed on to the consumer.

JUSTIN: Yeah, it could be happening. I think the most likely scenario, is that they are passing it along to consumers. They're just not passing it along to American consumers.

In other words, they're raising prices elsewhere. To try to protect the competitiveness with the American market. Because the American market is the most important consumer market in the world.

And they probably don't want to piss off Donald Trump either, in jacking up prices. And then potentially having tariffs go up even more, as a punishment for doing that.

Because that's a real option.

And so I think that's what's happening right now.

Now, it's possible, that we are going to see a huge increase in inflation. In six months!

That's entirely possible.

We don't know what's going to happen. But as of right now, all the data is suggesting that recent inflation is not coming from consumer goods being imported, or anything like that.

That's not where the inflation is coming.

Instead, it's coming from housing.

That's part of the CPI at that time.

Housing is the cause of inflation right now.

GLENN: Wait. Wait. It's not housing, is it?

Because the things to make houses is not going through the roof. Pardon the pun. Right?

It's not building.

JUSTIN: No. No. The way the CPI calculates housing is really stupid. They look basically primarily at rent. That's the primary way, they determine housing prices.

GLENN: Okay.

JUSTIN: That so on they're not talking about housing costs to build a new house.

Or housing prices to buy a new house.

They are talking about rent.

And then they try to use rent data, as a way of calculating how much you would have to pay if you owned a house, but you had to rent the same kind of house.

And that's how they come up with this category.

GLENN: Can I ask you a question: Is everybody in Washington, are they all retarded?
(laughter)
Because I don't. What the hell. Who is coming up with that formula?

JUSTIN: Look. I mean, sort of underlying this whole conversation, as you -- as you and I know, Glenn.

And Pat too. The CPI is a joke to begin with.

GLENN: Right.

JUSTIN: So there's all kinds of problems with this system, to begin with.

I mean, come on!

GLENN: Okay. So because I promised the president, if I was wrong, and I had the data that I was wrong, I would tell him.

Do I have to -- out of all the days to do this.

Do I have to call him today, to do that?

Are we still -- are we still looking at this, going, well, maybe?

JUSTIN: I think there's -- I think there is a really solid argument that you don't need to make the phone call.

GLENN: Oh, thank God. Today is not the day to call Donald Trump. Today is not the day.

Yeah. All right.

JUSTIN: And the reason why is, we need -- we probably do need more data over a longer period of time, to see if corporations are doing something.

In order to try to push these cuts off into the future, for some reason. Maybe in the hopes that the tariffs go down. Or maybe -- you know, it's all sorts of ways, they could play with it, to try to avoid paying those costs today.

It's possible, that's what's going on.

But as of right now, that's not at all, what is happening. As far as I can tell from the data.

GLENN: But isn't the other side of this, because everybody else said, oh. It's not going to pay for anything.

Didn't we last month have the first surplus since, I don't know. Abraham Lincoln.

JUSTIN: Yes. Yes. We did. I don't know how long that surplus will last us.

GLENN: Yeah. But we had one month.

I don't think I've ever heard that before in my lifetime. Hey, United States had a surplus.

JUSTIN: I looked it up.

I think it was like 20 something years ago, was the last time that happened. If I remembered right.

It was 20 something years ago.

So this is incredible, really.

And if it works.

You and I talked about this before.

I actually think there is an argument to be made. That this whole strategy could work, if American manufacturers can dramatically bring down their costs. To produce goods and services.

So that they can be competitive.

And I think that advancements in artificial intelligence. In automation. Is going to open up the door to that being a reality.

And if you listen to the Trump administration talk. People like Howard Lutnick, Secretary of Commerce. They have said, this is the plan.

The plan is, go all in on artificial intelligence.

Automation. That's going to make us competitive with manufacturers overseas. China is already doing that.

They're already automating their factories. They lead the world in automation.

GLENN: Yeah, but they can take half their population, put them up in a plane, and then crash it into the side of the mountain.

They don't care.

What happens to the people that now don't have a job here? How do they afford the clothes that are now much, much cheaper?

JUSTIN: Well, I think the answer to that is, there's going to be significantly more wealth. Trillions of dollars that we send overseas, every year, now in the American economy. And that's going to go into other things. It's not as though -- when this technology comes along, it is not as though people lose their jobs, and that's it. People sit on their couch forever.

The real danger here is not that new markets will not arrive in that situation. And jobs with it. The problem is: I think there's a real opportunity here. And I think this is going to be the fight of the next election, potentially. Presidential election. And going forward.

Next, ten, 20 years. This is going to be a huge issue. Democrats are going to have the opportunity, when the AI revolution goes into full force. They will have the opportunity like they've never had before.

To say, you know what, we'll take care of you. Don't worry about it.

We're just going to take all of the corporate money and all of the rich people's money.

And we will print trillions of dollars more. And you can sit on your couch forever. And we will just pay you. Because this whole system is rigged, and it's unfair, and you don't have a job anymore because of AI. And there's nothing you can do. You can't compete with AI. AI is smarter than you.

You have no hope.

I think that's coming, and it is going to be really hard for free market people to fight back against that.

GLENN: Yes.

Well, I tend to agree with you.

Because the -- you know, I thought about this.

I war gamed this, probably in 2006.

I'm thinking, okay.

If -- if the tech is going to grow and grow and grow. And they will start being -- they will be responsible for taking the jobs.

They won't be real on popular.

So they will need some people that will allow them to stay in business, and to protect them.

So they're going to need to be in with the politicians.

And if the politicians are overseeing the -- the decrease of jobs, they're going to need the -- the PR arm of things like social media. And what it can be done.

What can be done now.

I was thinking, at the time. Google can do.

But they need each other.

They must have one another. And unless we have a stronger foundation, and a very clear direction, and I will tell you. The president disagrees with me on this.

I said, he's going to be remembered as the transformational AI president.

And he said, I think you're wrong on that.

And I don't think I am.

This -- this -- this time period is going to be remembered for transformation.

And he is transforming the world. But the one that will make the lasting difference will be power and AI.

Agree with that or disagree?

JUSTIN: 1,000 percent. 1,000 percent. This is by far the most important thing that is happening in his administration in the long run. You're projecting out ten, 20, 30 years ago years.

They will be talking about this moment in history, a thousand years from now. Like, that will -- and they will -- and if America becomes the epicenter of this new technology, they will be talking about it, a thousand years from now, about how Americans were the ones that really developed this.

That they're the ones that promoted it, that they're the ones that does took advantage of it.
That's why this AI race with China is so important that we win it.

It's one of the reasons why. And I do think it's a defining moment for his presidency. Of course, the problem with all of this is AI could kill us all. You have to weigh that in.

GLENN: Yeah. Right. Right.

Well, we hope you're wrong on that one.

And I'm wrong on it as well. Justin, thank you so much.

Thank you for giving me the out, where I don't have to call him today. But I might have to call him soon. Thanks, Justin. I appreciate it.

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.