RADIOMarch 13, 2023

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

Brand new show takes you backstage with Glenn

Everything changes January 5th

Enter your email to be the first in line for groundbreaking Torch reveals:

Hey, it’s Jason Buttrill, Glenn’s head writer and chief researcher.

Have you ever wondered what’s going on behind the scenes of Glenn’s radio show?

What’s happening right before he starts the show? How do he and his staff get ready? Is it chaotic during the show as Glenn adapts to breaking news?

Glenn has decided to bring you all in on the action. Introducing the Torch Insider Feed—a new segment running throughout the daily radio program. I’ll be your guide during the entire show, popping in just before it starts and at other times when non-Insiders typically see commercials.

I’m going to give you a behind-the-scenes inside look that hasn’t been seen before.

But beyond that, we’re going even deeper. We’ll use Glenn’s new content tools to rapidly access the information he’s shared with you over the past two decades—all the dots connected, all the history explained… EVERYTHING. And we’ll—somehow—fit it all in before Glenn returns from commercial.

As an Insider, while Glenn does his daily radio program, you and I will push the boundaries of what we can learn and experience during his show. You’ll be able to comment on everything we’re talking about, and I’ll respond in real time. It truly is a one-of-a-kind experience that I don’t believe has ever been attempted before.

Coming January 2026.

This plan could FINALLY FIX our broken immigration system

Is it enough to just stop ILLEGAL immigration in America? Rep. Chip Roy (R-TX) joins Glenn Beck to explain his proposal to stop ALL immigration until we fix our broken system…

Transcript

Below is a rush transcript that may contain errors

GLENN: Anyway, let me go to Chip Roy.

Hello, Chip, how are you, sir?

CHIP: Glenn, how are you? Merry Christmas, bro.

GLENN: Merry Christmas. This is our Congressman from the great state of Texas for Texas attorney general.

Talk to me about your bill on immigration.
Does it have a chance -- tell me what it is. And I want to know if it has a chance of passing.

CHIP: Sure. I mean, you know, you opened this segment by talking about our need to focus on not just illegal immigration, but legal immigration. And I strongly believe that that is true. I think for way too long, we have been getting loose. Fast and loose overly corporate. Overly driven by, you know, your kind of chamber of commerce crowd.

All of a sudden, we now have a situation where we have millions of people in our country, that are not seeking to assimilate, not seeking to assimilate, not seeking to be, quote, the melting pot.

But rather trying to reestablish their cultures from other countries, rather than becoming fully American. And that's been a long string of -- of decisions. And we go back and put it in perspective. We have 51 and a half million foreign-born people here in the United States.

The vast majority of whom, did not come here illegally, right?

But came here legally. Then they've been abusing the process and the system, because we've got this broad use of H-1B one visas. We have diversity visas. We have chain migration. We have everybody's cousin. Uncle, aunt, whatever. And there's the growing population here.

And this is now, unlike it was a century ago, right?

When we had the mass migration. The late 1800s, the early 1900s. And at that point, we didn't have a welfare state. We have schools that were teaching that America was great, or even the Constitution. And we had, you know, God in the schools, and we had our culture being elevated, not being criticized. And at that point, we stood for immigration in the 1920s. Right? We still flatlined it because everybody said, whoa, whoa, whoa. We have so many people in.

Our country was stronger for it. Today is worse. Because we have so many people coming here, who are not assimilating. We have schools that are not teaching people that America is great.

And we certainly are continuing to have a welfare state now, that is causing a big problem. So I think we should pause it. It's called the Pause Act. We should pause legal immigration, until we fix a lot of things.

Fix diversity. Fix chain migration. Fix H1 --

GLENN: Wait. Can you tell me what a diversity visa.

What is a diversity visa? I don't even know what that is.

CHIP: Diversity visas. Chain migration, these are all things being used currently to have expansive use of the ability of people to come into the country, and -- and say that they're -- you know, a family member, right.

An extended individual, in what we're calling chain migration. So you'll have a person come in, and instead of it being a close knit family member, right?

Instead of it being, okay. This is my spouse, or this is my child. It's cousins and aunts and uncles, and so forth.

And, you know, this is the kind of thing that we've got to reform. And including, H-1B visas. And including all the problems that we have here with birthright citizenship.

Obviously, the Supreme Court is going to hear the Trump administration's executive order on that.

But we should codify a new view of how we deal with birthright citizenship. You can only be a citizen, if you're born of citizen parents. Not because you were on our dirt. So these are -- in Texas, right?

We had a Supreme Court opinion, in the 1980s to educate the children. Of illegal aliens. Illegal alien children. We do challenge that, overturn it. And we should fix it.

Until you fix all those things. Fix illegal immigration.

Then we're going to lose our country. We're going to lose our culture, and I think we need to do that. So that's why we have to have a bill to pause it.

I just talked to police officer, the day before yesterday. And I was walking down the street, going into the store for Christmas. And he said, hey, Glenn Beck.

And he had this slight accent. I couldn't tell exactly what it was. And then he said, eventually, I'm Irish. I came from Ireland. I've been here for 20 years. My wife and I lived in Ireland.

I said, my gosh, does Ireland even exist anymore?

And he said, Glenn, it used to be. I go back every year, it used to be you could go anywhere, and you would have the Irish public.

And, you know, you could see Irishmen everywhere. And, yes, there were people from other parts of the world, et cetera, et cetera. But it was Irish!

He said, I can go down into my hometowns, small ones, and he said, I don't see another Irishman.

He said, the Irish culture is completely annihilated. He said, it's all mosques and Pakistanis and whatever.

And he said, is there ever anyone who will say, hey, wait a minute, the Irish culture, the American culture, the English culture.

The -- the whatever culture, that's important too! When is anybody going to step up and say, you know what, we -- we don't want to lose this!

By embracing that! We can have both. But not like this!

CHIP: Well, Glenn, and you know. And, by the way, the thing I -- since I got up and I started talking about chain migration. But just so you know, right? That's a program very specifically designed to bring people in from countries that we don't have significant immigration from. It's literally designed to diversify our immigration population.

GLENN: What!

Who cares?

CHIP: Right. And that's my point. And this is what's so wrong about our immigration system.

And it's being done that way. And by Afghanistan, all of it is being abused. And we have had this mass migration. And, again, you are the ardent defender of the First Amendment. So am I, and you can believe what you want to believe. Right?

And we would never want to insert the federal government into your belief system, like between you and God.

But what we have to remember about Islam is that it is a politically motivated group of individuals. Right?

This is -- when we look at the core, and we look at what -- you look at what the Muslim government is talking about. When you look at Sharia law, when you look at the tenets of Islam, there's a massive political component to it, and we have to remember that.

We have to remember. You actually read the words. Read what's being said. And look what's happening in Dallas.

Epic City is not just an accident. What happened was the growth and the promotion of Sharia law in the United Kingdom, in France, in America.
It's not an accident, okay? And this is well beyond, hey, you can believe what you want to believe. You can be agnostic. You can be Christian, Jewish, Hindu, Muslim. We stand for that principle.

When you come here to annihilate and change your culture. Then you've got to approach that.

We -- we Americans to have approach that in a different way.

And I believe, we should pause immigration. We should be doing what the President is doing.

Remove a whole lot of the people dumped into our country under Biden with illegal immigrants, asylum, that were abused for all those abused by Biden and Mayorkas, and go around and make sure that we are resetting the table and reset our laws. And we should just pause for a while. And reclaim our American culture to your point about what you just said about Ireland.

GLENN: You -- you lay out -- I saw your press release, and you lay out what this bill will do, and I got to read this to the audience.

Because I can't believe you have to say this. It would end the practice of automatic citizenship, yeah, and chain migration.

Yeah, that's not what the Fourteenth Amendment says. That's not what it is about. That's not what it was written for. And the H-1B one visa program. Got it. Ensure immigration assimilation, got it. Now, listen to these last three.

This is what he is proposing we do.

Okay? We're not doing it. He's proposing we do this: Deny entry to Sharia law adherence.

Oh, I don't know. Yes!

I can't believe we have to even say that, out loud. Deny entry to Chinese communist party members. I don't know. Yes!

And the third one: Deny entry to terrorists!

This is a civilization that is on a suicidal path. If that can't happen. That's not -- it's crazy that that's not already happening!

Suicide. Just committing suicide.

CHIP: Well, the other element that we have to factor in is the welfare that is being doled out.

GLENN: Yes.

CHIP: To noncitizens in the form of not just food stamps. Medicaid.

All of the social programs in the federal government. But also our local schools and local hospitals to get inundated by people coming into the United States.

Knowing that they will get free health care and free education, and they might be able to then use birthright citizenship, to come here, to grow here. And none of this is about the melting pot.
And, Glenn, that's what I'm trying to make the case here to people. When you have people who came here, who largely shared our values. And when they came here, they wanted their kids to learn English. They wanted their kids to love America.

They wanted their kids to love our history and our founding. They appreciate what our country stood for. By the way, that mass migration occurred right after the Civil War. So our country has literally been at war. And people said, I want to go there. Because this country stood for something bigger and better. And people knew it. But they wanted to be apart of it. And they wanted to embrace it.

They didn't want to change it. That's not true now. Right? That's definitively not true.

United States Congress. Ilhan Omar.

When we openly and outspokenly, committed to changing America to be like her home country!

That's a problem. That is what is happening. And if we don't -- you can't win a war, that you don't acknowledge exists, Glenn. And there is a war being waged against our way of life. And against our culture.

So look, I've increased the legislation here. But it's also why I'm running for attorney general. And a campaign speech, you hear me.

We have to have states. That are standing up and leading this fight as well.

If we're going to save America.

GLENN: You brought up, you know, there's a war being waged.

I -- every alarm bell in me is going off.

Every alarm bell within me. We are -- we're in a war. We won't even recognize it.

I think the president has. But I think it's going to take a lot more than what we're doing right now. Look at what's happening in Europe.

France just happened their -- their ball drop, you know, for New Year's Eve.

They have it -- every year. They cancelled it. And said, just stay at home. And watch a rerun of it from another year.

That's insanity!

They just have surrendered.

The -- how serious are we at -- at preparing for a civilizational war.

CHIP: Well, I think on the positive side, we have an increasing number of people in leadership, who were understanding the threat.

In a way that they didn't a year ago, or five years ago.

That being said, we also have a long way to go and a very short time to get there. Right?

We have got to move quickly. If you see what's happening in Europe, right? And we go, well, they're 20 years ahead of us now. I don't think that's true.

I think Europe is a mere months, years, few years ahead of us, in terms of how bad it's gotten.

And I think we're now realizing, how much damage we've done over the last decade, in particular. Certainly, the last two decades in terms of the mass influence of people, that do not ultimately share our values. So I do think it's important that we support the president on what he's doing and removing bad actors, and making sure that we're removing people that need to be removed, or here illegally.

But if we don't reform our illegal immigration system immediately. And pause it. And freeze it. And reset who we are as Americans. And get people to understand that when you're here, you're going to embrace being an American. Then we're not going to save the country. Right?

So that's why I wanted to introduce this bill. It's why I introduced this bill. That's why I had to introduce several legislation to defend people from Sharia bill. That's why I've given a bill to take away the tax status for CAIR. We've got to get people to realize, that we need immediate change. That we can't wait. So right now, Congress is not codifying or advancing the ball on this front yet.

The president is doing it unilaterally. And I think that's a problem.

GLENN: Can the house actually get it done? Are we going to pass it? Does it have a chance of ever getting to the president's desk?

VOICE: Right now, we are socializing it, and there's a growing number of people who support the concept. And it's not on social media.

But we've got to get it socialized with the White House and the leadership of the House, to get it to the point of trying to enforce a vote. There's going to be a lot of resistance. There's going to be a lot of people, that are going to be listening to business interests. A lot of people who will say, well, I've got a certain culture in my particular district and so forth.

And we've got to ride the (inaudible) act and recognize, if we don't do this, then we have no chance to save the country.

Because if another 55,000 people come in on diversity visas this year, and another 55,000 coming next year, and then another 55,000 the following year, all from these supposed low immigration countries for purposes of diversity. In addition to the chain migration, in addition to H-1B visas. Right? Do the math. See what's happening.

And how many things are happening. So we've got to freeze that. And reset what we want to do for our country.

GLENN: All right.

It's called the pause act. Get online, and support Chip Roy at the pause act. Ask your Congress man. Your senators.
To join Chip on the pause act. Again, you can follow him on X, at Chip Roy.

TX. He's also running for candidate for attorney general. What is your website? Chip.

CALLER: ChipRoy.com. Pretty simple. Pretty straightforward, and I appreciate it. And look, this Christmas Eve and for everybody out there, Merry Christmas. We have the greatest country in the history of the world. We have to keep our heads up and put our faith in Jesus, and remember that it's on us, to pass it down to our kids and grandkids.

GLENN: Thank you so much, Chip Roy.

The END of 'Glenn TV': 14 Years of Truth Bombs, Tears & Glenn's NEXT Revolution | Glenn TV | Ep 475

It's time to say goodbye to "Glenn TV," but Glenn's radio program and "The Glenn Beck Podcast" will continue to be main staples on BlazeTV. After 14 years of "Glenn TV," Glenn Beck looks back at the warnings and predictions that defined the show. From predicting the Islamification of Europe to exposing the corruption in Ukraine years before the mainstream media, Glenn revisits the moments he challenged the experts and sounded the alarm early. He rewinds his predictions on Russia, ISIS, socialism, and the coordinated collapse of capitalism and Western civilization. Glenn also revisits his early reporting on Rep. Ilhan Omar (D-Minn.) and the COVID lab leak — stories the media originally dismissed. Plus he gives a first look at what's to come with his new project, the Torch, debuting January 5, 2026.

The Western World is UNDER ATTACK... And THESE Shocking Stories are Proof

A wave of global instability is forcing Western nations to confront hard truths they’ve ignored for years. From Australia’s deadly attack and a media narrative that excuses extremist violence, to France canceling its iconic New Year’s celebration over “security concerns,” the cracks in Western resolve are becoming impossible to hide. This conversation exposes how denial, mass migration without assimilation, and media double standards are eroding public safety, cultural confidence, and the West’s ability to defend itself from growing threats.

Transcript

Below is a rush transcript that may contain errors

GLENN: You know, there's more on the -- the shooting in Australia. Did you see the comment from the mom?

The -- the hero who disarmed. He's a hero. He's getting a lot of accolades.

But here's the family of Ahmed al Ahmed. No, no, no. That's the good guy. Hang on just a second.

That's the hero. I'm just looking through all of the stories. Here it is. Here it is.

Mother of the Bondi beach shooting suspect. The mother of Naveed Akram, who along with his father, allegedly killed more than a dozen people at a Hanukkah celebration, said on Sunday, insisted her son was a good boy.

Now, I mean, I can understand, you know, you wanting to believe that, because your son is your son. You know, but I don't think -- I don't think anybody in Rob Reiner's family is thinking the brother is a good boy. They might love him still, but he's not a good boy if he indeed did that.

STU: Yeah, there could be an element of thinking, right? Like, you know, he's been overcome by addiction, or overcome by mental illness. And I think he's a good boy underneath hat. You can have that Islamic extremist terrorist son if you want.

But what you would have to say I think accompanying that, was he got infected by this extremism. And, you know, by his dad who, you know, led him down a terrible path.

GLENN: Right. Her husband.

STU: Right. That's a plausible thing, if you believe. He can't be a good boy if he's murdering people, unless, of course, Glenn, you believe that the outcome was positive.

GLENN: Well, it was positive, yes.

She said, he doesn't have a firearm. Yeah, he does.

He doesn't even go out. He doesn't mix around with friends. Well, now you're describing a loner.

He doesn't drink, smoke, or go to bad places. Anyone would wish to have a son like my son. He's a good boy.

No. No. I'm safe to say, I don't want a son like that.

STU: No. Yeah, I'm pretty sure she was about to say, and he stays away from trans fats.

That's great, just doesn't have much to do with this particular incident.

GLENN: Yeah, I would say that. Also --

STU: Can I follow up, while we're in this realm here real quick with this audio. This is -- you mentioned this briefly. But let's play a game here: Can you find the logical problem with this particular audio from ABC News?

This is about the somewhat associated shooting of the pro-Palestinian group. Or the pipe bombing, from the pro-Palestinian group you discussed earlier this hour. This is a real clip, not edited.

GLENN: All right.

VOICE: Nowhere did they allege that any of these individuals wanted anybody to be harmed as a result of these pipe bombs. Specifically, it does appear that their aim was to sent a political message, as they said, prosecutors yesterday in this news conference.

VOICE: Carol and Page also discussed plans for follow-up attacks after their bombings, which included plans to a target ICE agents and vehicles with pipe bombs.

STU: Now, can you detect any issue with that?

GLENN: I found two.

I found two.

One, they're not targeting anybody with the use of the pipe bomb!

STU: Right.

GLENN: Now, maybe. Maybe nobody gets hurt like that.

But experience and history tells me. Sometimes when you don't know what you're doing, pipe bombs hurt people.

STU: Right. Yes.
GLENN: And sometimes when you do know what you're doing, pipe bombs hurt people.

That's the -- that's problem number one. Problem number two was, they stated they were then going to target ICE agents?

STU: Right.

GLENN: As if ICE agents aren't people?

STU: You know, Glenn, that is exactly what I came up with. I think, I've heard this statement. You mentioned the same sentiment earlier on the program. A lot of people are saying this. I guess, in their conversations that were, you know, picked off as we were going through this investigation. There were some similarities. If you think back to early environmental terrorist attacks.

ALF and ELF, some of those attacks -- not all, but some of those attacks were targeted at infrastructure, and things around the -- you know, the oil industry. But not -- you know, intentionally trying not to harm the workers or whatever.

And some of their I guess conversations back and forth echoed that sentiment. Like, let's put them this a place where people aren't going to be.

Again, I don't think that's good. I don't think of these people as heroes. But Hollywood would make movies over people like that and how wonderful and glorious they were.

But at the end, they seemed to ignore, that they had attacks planned against ICE agents. And the only way that makes logical sense is if you don't think ICE agents are people.

GLENN: Are people. Yeah. Yeah.

Yeah. Dehumanize. Dehumanize. Dehumanize. That's why I've been saying, we've got to stop MAID. We have to appreciate life again.

We have to stand for life. All life!

If we don't, you can just say, well, that's not really a person.

You've got to stand for life.

One more story in this, just to show you how close we are to losing Europe.

The French who aren't -- are not used to waving the white flag.

You know, they're -- they're -- they're tough. They have decided on New Year's Eve, that they are not going to hold the fireworks show, that they always hold at the art drive.

So they always have a New Year's Eve concert and fireworks show, but this year, they've decided that they're going to scrap it, wait until you hear what they were going to replace it with. But they're going to scrap it because there are security concerns such as, quote, unpredictable crowd movements.
You mean, like the crowds that are coming over on boats and coming on to your shore? You mean those crowd movements? Because, I mean, I think we know what they're saying here. They're saying that they're very concerned that there might be trouble. There might be some sort of, you know, shootings or activity or terrorists. But they're not -- they're just saying, it's unpredictable crowd movements. And so we're -- we're suggesting that we cancel the decades old fireworks celebration on New Year's Eve.

That's like canceling Times Square. Okay?

We're going to cancel that. And instead, replace it with -- this is a quote.

With a prerecorded video to be viewed in the safety and comfort of your French living room.
(laughter)

GLENN: Oh. So we're watching an old celebration.

Why not? Dick Clark. We got all those tapes of Dick Clark. Let's just cancel New Year's Eve and Times Square and just play one from 1977. I mean, who didn't love that?

STU: Not only is that completely insane. It's also a great example of why virtual school didn't work.

Right?

You know, that's not the same thing. My wife say big fan of around this time of year. Every television has the Yule log on it, you know. And at his help you. It's nice. It helps you celebrate the season, a little bit. But it's not the same as going around the fire, and feeling the heat, it's not the same.
GLENN: Right. Yeah. There's no warmth. There's no warmth. But leave it to the French to surrender. I mean, we've lost France. We've lost France.

If they're not willing to say what's going on. Look, there's terrorists here. And we're afraid of a large crowd. And we're lost, because we let too many people in here. We have no idea who they are. And they're dangerous. And they want to kill us and kill our civilization.

We're working on that, so we can have this next year.

This year, we will to have cancel it.

But they're not saying that. They're saying, you know what, watch it from home. And it will be a videotape of an old one. Oh, okay.