RADIO

Glenn explains: THIS is how Silicon Valley Bank COLLAPSED

Silicon Valley Bank was shut down by regulators last week, marking the biggest bank failure since the 2008 collapse. So what happened? And what does this mean for YOUR finances? In this clip, Glenn explains exactly how SVG collapsed, why the Fed is to blame, and why working with a FDIC insured institution is IMPERATIVE.

Transcript

Below is a rush transcript that may contain errors

GLENN: Here's what happened. A couple of things. First of all, we're raising rates.

We had the COVID money coming in, right? To have

And you just heard there, all this COVID money. Well, they wanted to invest it. They needed to put it in some place. And invest it.

Silicon Valley. They had so much money coming in from COVID.

And so what did they do?

They bought treasuries. And at the time, you could buy a ten-year treasury, and you would get 2 percent interest. Guaranteed, at the end of ten years.

That was pretty good back then.

But now, treasuries are selling for about 5 percent interest.

And you don't get that, until the end of the ten years.

So when I buy something, a ten-year treasury, you're buying it for ten years.

If you have only eight years on it, you can sell it, but you're going to probably have to sell it at a discount if the new ones are paying more. So they invested the -- the money in treasuries, at 2 percent.

Just let's remember that. What they had in the bank, if you will -- they owed $195 billion. That's to the people who have put their money into checking accounts and savings accounts, mutual funds. They owed $195 billion. They had 208 billion, on the books.

That's a 17 billion-dollar -- when you have people all over the world starting to say, I think the bank is starting to collapse. They start to take their money. $17 billion can go that fast.

There was a clog in the system, that couldn't get the money wired out fast enough.

So they decided, they needed to sell. And then they announced, we're going to sell some Treasuries.

Well, once they saw that they were selling ten-year bonds, at 2 percent interest, and the market was saying, well, that's only worth 75 cents on the dollar in you.

And Silicon Valley bank was like taking it. They knew, this is a fire sale.

This bank is in trouble. That's what started all of the run on the bank. Now, you probably have FDIC insurance.

If you have FDIC insurance, it's to stop runs on the bank. However, Silicon Valley bank is different. It's very different.

I think it's 88 percent of their accounts, are not covered by FDIC. Why?

Because they're giant companies that are using payroll and keeping their money in the bank, as -- as the place where they can run their company.

So they -- they have more than 250,000 dollars in account. If they also, use the bank for a mutual fund, they found out Friday, they were also screwed.

See, this bank, loans money to these companies. These tech companies.

And they loan them out, venture capital.

And so they loan them the money to operate, and to be able to do everything they can, over the next year.

Well, they've got to put that money somewhere.

So the bank loans it out.

It's basically the depositor's money.

They loan that savings account of yours, per se.

And loan it to this venture capital firm.

Or, or -- the tech startup. And the tech startup then says, where do I put all this money?

And Silicon Valley bank says, oh, just in my other hand. Just give me my money back, and we'll invest it in mutual funds for you. We'll invest it in very safe things like BlackRock. So they did. And the tech companies thought they were safe.

Because it's invested in very secure places like BlackRock.

Except, what the bank didn't say, except in fine print. Is that all the money that you had invested, in BlackRock, was not yours anymore.

It was -- it was under the name Silicon Valley bank.

So when people started to call and say, hey, BlackRock, my money is safe. They said, you don't have any money.

Your money is invested in Silicon Valley bank. And because their name is on it, they're counting that as an asset. And now that asset as has to go to pay creditors.

So they lost their money. This is a giant shell game.

We have created nothing, but a shell game.

And the fed is the one that is causing this collapse, by the raising of the rates. But if you don't raise the rates, what happens?

Inflation goes out of control!

Why?

Because we have printed and loaned too much money out.

Okay. We'll pull it back in.

Well, the way you pull it back in, is raising interest rates. If you raise the interest rates, bonds have to pay a higher yield, and so when you buy a bond, you get more money back. And if somebody gets into trouble, they have to sell their bonds, exactly like Silicon Valley. And they have to take a hair cut. And then the entire thing collapses.

But here's the scariest thing.

This is what the fed has set out to do.

They want to see risky things, go away.

They want to see failure.

They need to people who are not stable to go out of business. Stop spending money. So we can suck all that money back in. But when they do collapse it. And our economy is in this kind of shape. You then have a domino effect, because nobody is in great shape.

And thing banks are playing a giant game.

So then people can't pay the paycheck. And then that paycheck falls -- causes you to default on your auto loan. Or your house loan.

And that makes another bank fail.

We're at the place, I told you in 2008. We would be. We have made the 2008 problem much bigger, and there's no way out.

Once you start printing money, there's no way out.

And what did we do?

Well, the fed said, we're not doing TARP. No, no, no. We have something entirely different. It's got a different name and everything. But we're going to cover all of those accounts.

Oh. Oh, okay.

So we're backing -- we're backing that now.

Yeah. But it's not your money. It's not your money. It's the fed's money.

It's the fed's money? Yeah. It's the money that the banks gave to us, to put aside for insurance in case something like this happened. Oh.

Where -- where did the banks get that money? Well, I don't know. Doing business.

Well, I mean, aren't these the banks you bailed out?

Well, yeah. And weren't you just giving them trillions of dollars is if

Well, yeah. Of course, we did. But they were paying in to this account.

Oh, okay. So the money you printed, that I'm on the hook for, you think to the bank, but they didn't use any of that money for that insurance?

No!

No. This is totally different.

Okay.

So now they're going to be protected, and I don't have an answer for you. Today.

Because all of the answers are bad answers. Should we back that?

No. No.

The constitutionalist, capitalist in me, says that's really bad.

Okay. So we don't back it. Well, no. No.

Because the guy who would like to see the entire western world not burn down to the ground, would like you to bail it out, just to give us some more time.

But that puts us right back where we were.

So I don't have -- I prayed hard today. What do I tell people?

Work on your spiritual health.

Because this is coming. At some point. It's coming. It has to. It has to. Now, the Washington Post said today, that the baggage's death marks both a sobering and salutary moment here.

The central bank has sharply increased interest rates over the past year, hoping higher borrowing costs would slow the economy down, and take the steam out of high inflation.

This is what the fed wants to see. They want to see a tightening of the financial conditions.

Great! They're on it. The Washington Post. With $209 billion in assets, the bank was just 118th the size of JP Morgan Chase. The nation's largest. Still Wall Street Journal was rattled by their abrupt end.

Bank of America was down nearly 12 percent in the past five trading sessions. They're down another five or about four and a half percent today.

Some banks are down as much as 10 percent today, before trading even started. The banks that served the riskiest part of the country and the economy, are the ones in trouble. Now, this is the Washington Post. I want you to listen to this.

Banks like SVB and Silvergate Capital, a San Diego-based bank that catered to cryptocurrency users, are the ones that are getting into trouble.

Oh. It's not a run -- it's not a run on the business model of the bank, it's -- it's not -- I'm sorry. It's not a run on the business model of the banking industry, in general, it's just the business model of this bank. So, in other words, if you are making risky loans, to -- to tech, or if you're investing and doing anything at all with cryptocurrency.

You're the problem. Hmm. That's interesting.

I'm going to tie some of this together here. We have a lot to go over, in just a second.

Sadly, it probably comes as no surprise, that anyone after the overturning of Roe vs. Wade. Abortion is still the number one killer among infants. We're still killing nearly a million of our own children, every single year.

And that is still here, in the United States.

I asked you, by the way, if you had had an abortion. You knew somebody that did. And they regret it.

Or you're F you're a child. That somebody tried. Mom tried to end your life. And you lived. Or she changed your mind. Will you write me a letter, and tell me your story?

I have something coming. That I'm working on.

And I will keep your name out of it.

You can use an assumed name. We just need your phone number, so that we can call and verify that you're an actual person. But all the details are at GlennBeck.com.

But we are fighting the good fight. I don't think there is anything we could do that would be more important than standing up and stopping the slaughter of our children.

For $140, you can introduce moms to their babies on an ultrasound. And help rescue five babies. When you do, you will see five stories, and five ultrasound pictures of babies saved. Preborn's goal this year is to rescue 80,000 babies, just from this audience. That's our goal.

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Ten-second station ID.
(music)
Okay. So here's something you probably didn't know: The New York Times is reporting today, that good thing this bank has been saved. Silicon Valley Bank was in many ways, a climate bank. When you have the majority of the market banking through one institution, there will be a lot of collateral damage. Community solar projects appeared to be especially hard hit. Silicon Valley banks said, it led or participated in 62 percent of financing deals for community solar projects. Their smaller scale solar projects also serve lower income residential areas. Don't worry. Don't worry. The fed is covering all of this.

The devastation comes at a critical moment.

It is central to cut the greenhouse gases that are dangerously heating the planet, says the New York Times.

The federal government depends on climate technically companies to develop the innovations needed.

This is going to set the climate change industry down and set them back, for years.

Hmm. Gee. Well, good thing we're not drilling for oil. Good thing we're getting rid of all of our backup power plants, isn't it?

Home Depot cofounder said, the global lending firm, Silicon Valley bank, went broke because it was woke.

Now, the rising interest rates are really -- really why. But if you want to look at their business model, these guys are woke activists. He said, instead of protecting the shareholders and their employees, they're more concerned about the social policies.

As recently as this month just days before it went into receivership with the FDIC, the Silicon Valley bank discussed decarbonization, gay rights, the black venture ecosystem. And so much more.

Well, they were woke. Good thing.

Good thing. By the way, they were purchased this morning. By a British bank. Because Great Britain was worried about their tech industry. As SVB, funded a lot of their stuff too.

So that's good news

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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

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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.

RADIO

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.

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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.