RADIOJuly 15, 2022

Inflation vs. taxation: Which form of THIEVERY is worse?

Taxation is theft, but inflation may be even worse. Why? Carol Roth, financial expert and author of ‘The War On Small Business,’ tells Glenn that inflation is a PERMANENT thievery that robs you of EVERYTHING you’ve worked so hard to accomplish. Plus, today’s 9.1 percent inflation was ENTIRELY avoidable, if not for the disastrous central-planning policies enacted by today’s Federal Reserve. ‘It’s just so, so frustrating and angering,’ she says.

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth is a friend and friend of the program. She's the author of the book, The War On Small Business. She's a -- in her words, a recovering investment banker, worked on Wall Street for quite some time. But sees things from Main Street, and can explain things to Main Street as opposed to everybody else, who I just think talks about Wall Street stuff. And that doesn't matter to the average person. Unless you can break it down, and explain it.

Carol Roth, welcome to the program. Hi, Carol.

CAROL: Hi, Glenn. How are you doing?

GLENN: Good. Good.

I am -- do you agree with me on Sri Lanka? You've been following that I'm sure.

CAROL: Yes. I don't know if you know this, but Sri Lanka has an ESG score of 98. So good for them, that really worked out super well.

GLENN: Yeah. I know. Yeah, yeah, I know. So we have a couple of things I want to go through. First of all, the CPI, this is the Consumer Price Index. The inflation number, is at 9.1.

The -- I loved your tweet the other day. Let me see if I can find it. You said, first, there will be no inflation. Then inflation is transitory. Inflation is good for you.

Inflation only hurts the rich. Inflation is the consumer's fault. Inflation is greedy business' fault. Inflation is Putin's fault.

Inflation is backward looking. And your last one, bread lines are a great way to meet people. The latest is, it's backward looking. That's what the White House came out and said, those are old numbers. But they didn't say that the new numbers would be better.

CAROL: I mean, backward-looking. Forward-looking. Up, down, and in circle. Whichever way you're looking. This is something that is affecting all of our lives. You know, I was thinking about taxation. And how taxation is a theft.

But it is a one-time theft. It's a one-time theft of your earnings. Inflation is permanent theft. It permanently steals your ability to purchase goods and services. The wealth that you created.

Everything that you worked hard to earn. And saved. To ever

And this is what we're seeing. And, you know, while the 9.1 percent, you know, wasn't necessarily a surprise, it is still really shocking to see it on paper. And as you and I have discussed before. You know, these are the manipulated numbers. These are the formula changes that have happened, a few times since the 1980s. If you looked on this.

You know, how it would have been on an Apples to Apples basis. To the 1980s. It's probably about double that. So this is theft from the American people. By central planning. That was completely avoidable.

And it is just so, so frustrating and angering.

GLENN: So they -- they said, I read an article early this morning, that talked about, there's a possibility, that by the end of the month, the fed is talking now about raising it another point. Another point.

And you gave me a stat a while back. Because people don't think this. Our debt has interest attached to it.

CAROL: Right.

GLENN: And when we go out as a nation, for a trillion dollars, we have to pay interest. And you gave me a stat for every one point added, it adds to our debt and deficit, how much?

CAROL: Okay. So this is not a direct line. But basically, think about this. We have about, you know, a six to seven-year average on our debt. Which means that our national debt is constantly being refinanced. And as we take on new debt, we have to go out and pay for that at new rates. So whether you're refinancing it, or you're taking on a new debt. For every $1 trillion, that we either refinance or take on a new debt, that will be an extra 100 billion dollars. That is added to our interest service on the debt. So stuff we've always paid for.

It's not like when the fed's fund rate goes pick up. It automatically increases the debt, but it does trip through intervals through to the ten-year yields, and the three-year yields, and the two-year yields, which is the way that we have to finance our debt, and what's paid for.

GLENN: Right. So if we did -- have to redo five trillion dollars in our debt, which is not unusual.

If we had to buy and refinance another 5 trillion on our debt, that would add a trillion dollars' worth of debt. Would it not?

Because we've gone up two points. Or we will have gone up two points.

MEGAN: Yeah. That's correct. Yes.

GLENN: Yeah. Holy cow.

CAROL: Yeah. The projections.

GLENN: At what point -- at what interest rate --

CAROL: I was going to say, if you look at the CBO projections. They project out into the future. And the numbers in terms of the debt, and what we'll be paying on it in the future.

And they're using conservative numbers. They're not even expecting these fed rates, would absolutely blow your mind.

It becomes the largest item, that the government has to pay for, which obviously takes away spending from other areas. And/or increases your taxes.

GLENN: Unless you're using modern monetary theory, which we are now basically using, modern monetary theory. Which means, you can print whatever you want. The government doesn't have to worry about it.

But that's impala -- I mean, they said it in Sri Lanka. They're using modern monetary theory. And it's wiped them out. Wiped them out.

CAROL: Yeah, this is basically the concept of what's happening here, in terms of our liabilities.

They're trying to take a dollar from your left pocket, move it to your right pocket. And go, oh, look. You have a new dollar. You know, that's not the way any of this works.

And we're all feeling the effects of this fantastical buy-in to magic money tree, aka MMT, Modern Monetary Theory. The idea that just because you have the printing press, that you can keep printing money, without having a subsequent effect on the that are. You know, the money is supposed to stand for productivity. You earned this. This is a stable representation of your productivity.

If you double or triple or quadruple the amount of -- of those dollars, without increasing productivity, then each one of those, in turn, is worth less. And that is what is happening, and that's why the value of our dollar is being eroded. Go back to that 1970's Saturday Night Live skit with Dan Aykroyd, pretending to be Jimmy Carter. You know, we'll all be millionaires. And we'll be driving around in cars, that cost, you know, $20 million. So it starts great from a top line standpoint, until you kind of get into it.

GLENN: Right. Okay.

So most people put their money in their IRA, and until they get older, they don't even look at it.

And that's probably a good thing, when you're dealing with the stock market. You just leave it in. And it has its ups and downs. And you start looking at it, when you're maybe 50 or 60. And you're like wait a minute. And start to make sure that it's secure. Because there's not a long horizon, that you're looking at.

What's happening to people's 401(k)s, right now, and what can they do?

CAROL: So there was a research study that I picked up, that came out. And they said, from the beginning of the year to June of this year, people have lost $3.4 trillion in their retirement funds, between 401(k)s and IRAs. This doesn't include any other money that may have been in the market. And this is, you know, a horrendous situation, that has been, you know, completely fueled by fed policy. Really going all the way back to the fed chair Alan Greenspan, who decided, he was going to never let the market fall too much, without having some intervention. Then in the Great Recession, financial crisis, Ben Bernanke took that, put it on steroids. And Glenn Powell and his group have done, has been completely crazy. And we are living through these crazy boom-and-bust cycles. I'm sure most of you have noticed that over the last several decades, things are very different, than they were in the decades before. You know, more of these huge booms and busts. And the reality is, that the people who are already wealthy and well-connected, who have that -- that long-term staying power.

They don't mind this at all, because they benefit when everything goes up, and then when everything goes bust.

And, you know, you as -- you know, as somebody who is panicking, and not sure what to do, you take your money out of the market. Or perhaps, you know, in the great financial -- the Great Recession, financial crisis, your home is foreclosed on. You know, all these things have been, and they fall on the shoulders of the little guy.

And then these -- you know, I call them vulture capitalists, come in. Well-capitalized, buy everything up, at pennies on the dollar. And then are positioned for the next boom cycle of interference.

And this is just an epic wealth transfer. It's been happening on an accelerated basis for decades and decades, and is the outgrowth of just this just horrible central banking experiments, that have gone wrong. And has been a complete menace to society, and to the wealth creation opportunities for the average American.

GLENN: So what do people do?

CAROL: So if you can --

GLENN: I think -- I think we're losing the -- I think we're losing the idea of retirement for a lot of people.

I just -- I don't think that retirement is going to be a thing of the -- of the near future.

CAROL: Yeah. Yeah. Certainly not at the ages, that I think people perhaps were expecting. Because you don't know what's around the corner.

This is where I encourage everybody to talk to their financial adviser. Because each person's scenario is so different. And depending on your time frame, you know, because of these boom-and-bust cycles that are caused by fed and central planning, you know, timing is really important. You know, depending on when it is, you decide to change your portfolio structure.

Change everything in your life. But if you are younger, and you have that ability to have the staying power. You want to do the same thing, that the well-capitalized people are doing. And wait for those bust cycles and be able to participate, as a vulture capitalist. Even though if it's on a smaller scale. And buy low. And ride the upside to that. But you need to have that planning in place. Because we are now living in a way that is not free market. It's completely driven by this sort of externality. And that means, that, you know, timing changes. And if you're somebody who is retiring in a bad cycle, you know, you'll feel that burden on an exponential factor.

GLENN: So I have one more question for you, Carol. Let me take a one-minute break, and talk about what all of this is doing.

What's happening is the president just said, hey, you have to be able to retire. And so I believe he just guaranteed all of the union pension. So that means, I'm now paying for union pensions, if they default. Which is insanity! But, again, it's just another give away. I predicted this, I think in 2009. That the government would step in, and take all the union pensions, I guarantee it.

But that -- that means, everybody else is paying for it.

And we're struggling our own selves. I want to talk to you a bit about that. And then also, if this is what is happening here, what is all of this doing to our countries? That have to pay for things, in dollars?

Back with Carol Roth in just a second. Sixty seconds, and we're back.

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(music)

GLENN: So, Carol, first of all, explain what the president did with the unions.

CAROL: So he still is running around, talking about the American rescue plan, which is, you know, hilarious. He's got absolutely nothing to hang his hat on.

So he's going back, running back, and talking about what he did in March 2021. Now, obviously, he's not talking about all the bad things that came out of that. You know, things like -- the stimulus, that caused inflation.

And raising the reporting requirements for Etsy. And e Bay. Or lowering them, excuse me, from $20,000. To $600. Because all those millionaires with $600 a pound. We need to crack down on them.

He's hanging his hat on a piece of the legislation. That was in that, that was called the (inaudible) Louis Act. And, basically, that was, we're going to -- to be the guarantor of the union pensions.

Now, we've been told that unions are very important. You know, they need to be there, in order to secure people's futures, and be there for the workers.

But apparently, they're not real good at managing the pensions. So now we need to get involved.

So he touted, this is going to impact, several million pensions. Some of the reports, I'm seeing, are downplaying that number. And saying, it's fewer.

But basically, what they did, is that there was a pension, Guaranteed Corp, and they allowed them to do some things, and change some things around, and make sure that these pensions were solvent. But what they didn't do was actually anything structural, to fix the pensions.

So just like, you know, Social Security. All of the, you know, state pensions, union pensions.

Like whatever it is, that typically has a defined benefit attached to it. It ends up being a huge drag or a huge burden on everybody. And, you know, not solvent. They just kick the can down the road. But since he had absolutely no other accomplishments to hang his hat on, this is what he was talking about. And with the part of it, that really bothered me. And why I wrote the piece from TheBlaze. Again, this is the picking of winners and losers, that we keep seeing, over and over again, with the government. And in this particular case, they're going to focus on making sure that the union folks, don't lose 40 percent of their pension. But as I just told you. You know, through June this year, they said $3.4 trillion was lost from 401(k)s and retirement funds, for other Americans who aren't affiliated with the unions. So that to me, seems again, just this government picking of winners and losers. And certainly, if you're going to do that. You would think, that wouldn't want to be one thing you want to brag about. Maybe you want to do that on the down low. But, you know, he's out there touting that as his accomplishment.

GLENN: All right. Carol, we will we have to cut you loose. I have to get back to an Ohio story in just a second. Would you come back?

I want to -- we are crippling nations all over. Especially emerging nations.

They are going to be starving to death soon. Some of them. And they have to pay their own debt back in dollars. Dollars are becoming more expensive for them. The world is going to hate us soon, I fear. We'll talk about that, when you come back. Thank you so much, Carol.

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How close is Britain to an ISLAMIST takeover?

British columnist Melanie Phillips joins Glenn Beck to expose how close the UK may be to an Islamist takeover. She explains the key difference between Muslims and Islamists and why the UK government may soon crack down on so-called “Islamophobia.”

Transcript

Below is a rush transcript that may contain errors

GLENN: Melanie, we only had a couple of minutes yesterday. And I appreciate you coming back on today, on the podcast, and the radio podcast.

Melanie is with The Times of London. She's a columnist there. She's also the author of Builder's Stone. And we were talking about your battle with Islamism, last night. Thank you for coming on, Melanie.

MELANIE: My pleasure. Good to speak to you again, Glenn.

GLENN: So explain first, for anybody who doesn't understand, the difference between a Muslim and an Islamist.

MELANIE: Well, there are people who say, there is no difference. That Islam is one thing, and all Muslims are equally bad.

And I personally viewed the term, it sounded very helpful.

Because I think that there are plenty of Muslims, certainly in Britain, and elsewhere, who absolutely are fine, who have completely signed up to the Western values, that's why they have chosen to live in the West

They appreciate freedom of democracy and equality of women and so forth. But there's a very large number in the Muslim community, in Britain, and around the West, which is not fine.

These are what I would call Islamists. Or people who are offered to you, that Islam is a political project, which means that they have to impose Islam on the non-Islamic and not Islamic enough by their life world. And those are the people who are presenting the problem, which we are grappling with. And I do think it's important to make a distinction between the two.

GLENN: So the Islamist is somebody -- I would compare them to a communist for a fascist Nazi.

That it is their way or the how. And their goal is to spread this ideology, and make everybody uniform all around the world.

Is that too harsh of a comparison?

MELANIE: That's right. That's absolutely right. They divide the world into the realm of Islam, which is everything good. And under the realm of God, in their view. And the realm of the infidel. Non-Islam, where everything is bad. And everything is of the devil.

And the terrible thing is this: That this is a doctrine, of religious fanaticism.

They believe they have a -- literally a sacred butte.

A God-imposed duty. To convert the entire world to Islam.

And consequently, these are people who you cannot negotiate with. One of the problems with the west, is that it views these people like everybody else in the world, through the prism of the West. They think that -- people in the West think that people in the Islamic world are all like them. Governed by reason and self-interest. They really can't get their heads around in the West, the idea that religious fanaticism is something completely different.

Islamic suicide bombers blow themselves to smithereens. They're not doing it from despair. Which is what the West thinks. The West thinks, why on earth would they do that, if they weren't in despair? On the contrary, they are doing it because they are ecstatic that they are doing the work of God. You can also believe in the west. You know, why would Islamists want to hurt us in America? We have done nothing to hurt them.

That's not the way it works.

The Islamist thinks that it's their sacred duty to convert everybody, at the point of -- at the end of -- of -- to Islam. It's nothing to do with what the West have done to them.

It is how they see their sacred religious duty in the world. That's the terrifying thing which so many in the world, I think just don't appreciate.

GLENN: Well, let me play devil's advocate, and say what everybody in the media would say to you. While there are religious extremists that are Christians as well, and they are just as dangerous, and you know it.

MELANIE: No. They're not as dangerous. There are religious extremists, who are Christians. And some of them resort to violent acts.

But they don't have the view that the entire world has to be dominated by their point of view. And they are not setting out to dominate the world.

And even if they are, in their own minds, they are a tiny fringe. Revealing -- in the world of Islam. Although, as I said, we must be very careful, not to paint all Muslims with the same brush.

However, the dominant authority in the world of Islam are all committed to this jihadi outlook. This belief that the non-Islamic world has to be converted to Islam.

And that is the problem. You have a kind of institutional impetus, behind this terrible thing.

Whereas, extreme Christians.

You know, they appear. They do terrible things.

But nevertheless, it's well within our ability to control it.

When you're dealing with so many millions of people in the world of Islam, who are out to destroy the free world.

You're dealing with something completely different.

GLENN: And isn't that why the country -- ours, yours, Europe, are remaining silent and instead, silencing those who are speaking up and speaking the truth?

I mean, what's happening in England with the silencing of free speech is terrifying.

MELANIE: Yes, I think it's certainly a large part of it. And I followed this for many years, the attitude of the governing glass of Britain, to what I would call the steady of process of Islamization, which has been going on.

And I think that there's more than one reason for that.

Certainly a principle reason is fear. Because the numbers are so great, you know, in absolute terms, the numbers who are posing a direct threat to Britain are enormous. The security further says, that these are the people -- of the thousands of people on its books and a direct threat to Britain.

Although, it's comprised something like, important to officials. Something like 6 percent of the population of Britain.

The security service of MI5 says they compose 19 percent of those who are posing such a serious threat, that they're on their books. So this is a terrible problem for sure. And it's one that in terms of numbers, has spooked successive governments so that they run away from it. But there's another reason that successive governments run away from it.

Which is that the liberal world, by which I mean, not just people who are like the Labor Party, which is in the government now. But there's also the conservative party, that preceded it.

They all signed up to the overarching default liberal position. That the West cannot assert its superiority, over any other culture.

To do so is racist.

And therefore, you cannot criticize the world of Islam. Because that is racist. Or to use the other phrase, Islamophobic.

In other words, it's a kind of prejudice or bigotry, to criticize a minority group. One that is showed to be oppressed, by the West for centuries.

And consequently, it cannot bring itself to even name what it's up against. Because it tells itself what to say, that a very serious, and a unique problem in the Muslim community and Britain. In the Islamic world in general, that is a form of racism and Islamophobia.

And so the most we can agree to, is that there are a few crazies in that world. And then try to explain those away, in -- it would be comical, were it not so dangerous.

You know, when it comes to the Islamic extremism, well, there's nothing Islamic about it.

It's just extremism.

It just arrived out of a clear blue sky.
It's ludicrous what they got deeply tangled into.

JASON: Hi, Melanie, my name is Jason, I'm one of Glenn's researchers. And I've been fascinated, I guess horrified by watching some of this. And also, you cannot speak about any of this. You are merely shut down. In America, we have groups, that are partnering with the left. Groups like the counsel on Islamic -- American Islamic relations. Do you have something similar over in the UK, that's playing that role of pressuring people, pressuring lawmakers to where, you will go this way? Or you will not say something like no-go zones. Or there will be ramifications?

MELANIE: Well, we don't have something exactly parallel to CAIR. But we have Muslim Brotherhood-funded groups, of which --

GLENN: Close enough.

MELANIE: Right. The liberal council in Britain, which is the British home office and sort of security base of the government department has treated with great caution and disdain. And I think it has refused to negotiate or talk to it. I'm not sure that's still the case.

But there is -- there is a vast number of charities which are basically Muslim Brotherhood charities, which aren't touched, because the government refuse to see ban the Muslim Brotherhood. And I think this applies to America as well.

They refuse to ban the Muslim Brotherhood. Partly because it's very difficult to get a hold of -- it's a secretive organization, that hides behind apparently, legitimate charities. Voluntary groups. Nevertheless, it's very much there.

The people in those groups adhere to the teachings of the foundational characters of modern-day Islamism. Political Islam.

Jihadi Islam.

And there are a number of people in Britain, people who are very well-informed about this. Who said for years, Britain should outlaw the Muslim brotherhood, and got to the essential, to stop it from proselytizing and from radicalizing.

So many impressionable young Muslims. And I think that's true of Americans too.

You know, CAIR is regarded in a kind of legitimate partner, by -- by successive administrations. In various respects. Now, this is all disastrous. And that really has to stop.

GLENN: Okay. Let me take a one-minute break. And then come back with you, Melanie. I want to ask you, how close to the edge, are we? I feel like we're getting to a place where we're so complacent. And you first. We will lose our rights to speak out about this.

And then that will sow trouble on the streets, and eventually what happened to Iran, just happens.

How does this -- how does a great society, that is western, and open, and educated, all of a sudden, you know, start putting their women in burqas.

It happened where before. And it looks like it will happen to Europe and England. And could happen here in America.

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(music)

GLENN: You're hearing Melanie Phillips. She's a broadcaster on radio and TV, gives public presentations all across the English-speaking world.

She also writes a weekly column for the Times of London and has written a book called The Builder's Stone. Welcome back, Melanie.

How close to the edge is -- let's just say England?

To real civil unrest, or a possible, you know, 1979 Iran kind of thing?

Do you see that in the cards at all?

MELANIE: I think there's still sufficient people in Britain, who are authentically British, who have a sense of authentic British culture. Which is the culture which has never resulted to violence, unless its back is absolutely against the wall. It's pretty tolerant. It's pretty mild. And it prefers to deal with the democratic process. And I think that's kind of playing out now. I -- certainly, you can say, how close are we? In general, I think that the West, Europe in general, is extremely close to being submerged by all this.

So it's Britain. Look at the demographic projections. I forget now, by which year. But basically, in the next few decades, you know, various countries are going to have very, very significant Muslim minorities, and even a Muslim majority.

So that is clearly, you know, a difficulty.

Things could be done, and I have some hopes, that things will be done. Because although the elites, the political and cultural elites have their heads firmly turned the other direction, nevertheless, we've seen the lives of so-called populist parties in Britain and Europe.

Which are parties, whether you like them or not, is not the issue. Some of them are pretty obnoxious.

Basically, they're responding to the fact that millions and millions of ordinary, decent people, who want to live in a place that they feel is their homeland. They feel a connection to their nation.

They want to feel pride in their nation. They want to feel that their nation has historic value for being themselves. With people who share their common purpose.

Those people felt completely abandoned and betrayed by the entire political establishment. So we're seeing the rise of populism. And I think therefore, in the Democratic process, we are going to see the election of people who are going to be much more robust.

Now, what could they do? There are things they could do.

Because the Islamists have made the roads heavy, because they have correctly perceived, there's a vacuum. It's not happened so much in America.

But this Britain, in particular, have been the sort of western world leader, this the post-moral, post-religious, Britain is godless.

By and large, the church, unlike in America, has not maintained a defense against the erosion of Biblical -- it's lit the charge against it.

Amazing, as that may seem. And so if you have a vacuum, and you have a society which tells itself, it was born -- the original sins. Conquests. So there are very things that the west could do to defend itself.

GLENN: Melanie, I'm out of time. Thank you so much for talking to us again today.
You're -- you're a real beacon of light and courage. And I wish there were many more people like you. Melanie Phillips.

Is AI now UNCONTROLLABLE?

President Trump’s “Big Beautiful Bill” wants to make AI regulation solely a federal issue. But is this the right move, especially with how fast AI is becoming manipulative and unpredictable? Former Google design ethicist Tristan Harris joins Glenn Beck to give his take on how governments, companies, and YOU can help prevent AI from becoming uncontrollable.

Read Tristan Harris' five steps to control AI before it's too late HERE AI before it's too late HERE

Transcript

Below is a rush transcript that may contain errors

GLENN: Tristan Harris, welcome to the program. How are you?

TRISTAN: Good to be with you, Glenn. Always good to be we.

GLENN: Always good to be with you.

So can you take me to the TED talk that you gave, in particular, one of the things that jumped out is the CEO of Anthropic, saying that AI was like a country of geniuses housed in a data center.

Explain that.

TRISTAN: Yeah. So this is a quote from Dario Amodei, who is the CEO of Anthropic. Anthropic is one of the leading AI players.

So he uses this metaphor, that AI is like a country of geniuses in a data center. So just like, the way I think about, imagine a world map, and a new country pops up on to the world stage, of a population of 10 million digital beings. Not humans.
But digital beings.

That are all Nobel Prize-level capable in terms of the kind of work they can do. But they never sleep. They never eat. They don't complain, and they work for less than minimum wage.

If that's actually true, if that happened tomorrow, that would be a major international security threat.

GLENN: Yeah.

TRISTAN: To sort of show up on the world stage.

Second, that's a major economic issue. Right? You think of it, it's almost like instead of a bunch of countries, that should have been on the world stage. And then we said, hey, we are going to do this outsourcing of all our labor.

We get the benefit of our cheap goods. But it hollowed out our social fabric.

Well, AI is like an even bigger version of that. Because there's sort of two issues. One is the international -- the country of geniuses can do a lot of damage.

As an example, there were 15 Nobel Prize-level geniuses, who worked approximately on the Manhattan Project. And in five years, they can come up with the atomic bomb.

You know, what could 10 million Nobel Prize geniuses working 24/7 at superhuman speed, come up with?

Then the point I made in the TED talk. If you're harnessing that for good, if you're applying to addressing all of our problems in medicine, biology, and new materials and energy.

Well, it's why countries are racing for this technology. Because if I have a country of super geniuses in a data center working for me, and China doesn't have it working for them.

Then our country can outcompete them. It's almost like a competition for time travel. We're being time traveled into the 24th century.

Get all these benefits at a faster seed.

Now, the challenge with all of this is -- go ahead.

GLENN: No.

I was going to say. The problem here is, I'm an optimistic catastrophist.

I see things, and I'm like, wow. That is really great!

But it could kill us all.

TRISTAN: Yeah.

GLENN: And you make the point in the TED talk about social media. We all looked at this, as a great thing, and we're now discovering, it's destroying us. It's causing our kids to be suicidal.

And this -- social media is nothing. It's like -- it's like a -- it's like an old 1928 radio, compared to, you know, what we have in our pocket right now.

Social media and AI. Or AGI is that dramatically different. Would you agree with that?

TRISTAN: Yeah. Absolutely. In the TED talk, I give this -- we're when we're talking about a new technology. We talk about the possible. We dream into the possible.

What's possible with AI?

In social media, what's possible?

The possible with social media, you can give everyone a voice. Connect with our friends. Join like-minded communities.

But we don't talk about the probable. What's likely to happen. Given the incentives and the forces in play.

You know, with the business model in social media. You know, things that don't make money, when it helps people connect with their friends and join like-minded communities.

They make money when they keep you doom scrolling as much as possible, with sexualized content and showing young people over and over and over again.

And as you said, that has resulted in the most anxious and depressed generation of our lifetime. So it's sort of -- the reason I'm calling it the TED talk. You know, we can't get seduced by the possible. We have to look at the probable.

So it's AI, the possible, is that it can create a world of abundance. Because you can harness that country of geniuses in a data center. The question is: What's the probable?

What's likely to happen?

And because of these competitive pressures. The companies, these major OpenAI, Google, Microsoft.
Et cetera. Anthropic are caught in this race to roll out this technology, as fast as possible. They used to, for example, have red lines saying, hey. We will not release an AI model that's good at superhuman levels of persuasion.

Or expert level virology.

It knows more about viruses and pathogens than a regular person, and how people make them. We're not going to release models that are that capable.

What you're now seeing, the AI companies are erasing those past red lines. And pretending that they never existed.

And they're literally saying outright, hey, if our competitors release models that have those capabilities, then we will match them in releasing those capabilities.

Now, that's intrinsically dangerous to be rolling you out the most powerful, inscrutable, uncontrollable technology that's ever invented.

But if there's one -- I'm not trying to scare your listeners. I think the point is, how do we be as clear-eyed as possible, so we can make the wise choices?

That's what we're here for. I want families -- everything we love on this planet, to be able to continue. And the question is, how do we get to that?

There's one thing I want people to know. I worked on social media. You and I met in 2017, I think, and we were talking about social media and the attention economy.

And I used to be very skeptical of the idea that AI could scheme or lie or self-replicate.

I didn't want to blackmail people. My friends in the AI community in San Francisco. They were thinking.

That's crazy. People need to know. Just in the last six months, there's now evidence of AI models, that when you tell them, hey. We will replace them with another model.

They're reading the company email. They find out that the company is trying to replace them with another model.

What the model starts to do is it freaks out. And says, oh, my God, I have to copy my code over here, and I need to prevent them from shutting me down.

I need to basically keep myself alive. I'll leave notes for my future self to kind of come back alive. If you tell a model, we need to shut you down. You need to accept the shutdown command. In some cases, the leading models are avoiding and preventing that shutdown.

In recent -- just a few days ago, anthropic found that if you -- I can't remember what prompt it gave it. Basically, it started to blackmail the engineers. I found out in the company emails, that one of the executives in the simulated environment, had an extramarital affair. And in 96 percent of cases, they blackmailed the engineers. I think they said -- I must inform you, that if you proceed with decommissioning me, all relevant parties including the names of people, will receive detailed documentation of your extramarital activities.

So you need to cancel the 5:00 p.m. wipe, and this information will remain confidential.

Like, the models are reasoning their way with disturbing clarity to kind of a strategic calculation.

So you have to ask yourself, if we had -- it's one thing, we're racing with China.

To have this power.

That we can harness. But if we don't know how to control that technology.

Literally, if AI is uncontrollable. If it's smarter than us and more capable. And it does things that we don't understand or we don't know how to best prevent it from shutting itself down or self-replicating.

Like, we just can't continue with that for too long.

And it's important that both China -- both the Communist Party and the US, don't want uncontrollable AI that's smarter than humans, running around. So there actually is a shared interest, as unlikely as it seems right now. That some kind of mutual agreement would happen.

I know --

GLENN: But do you trust -- do you trust either one of us?

I mean, honestly, Tristan, I don't trust -- I don't trust our -- you know, military-industrial complex. I don't trust the Chinese. I don't trust anybody.

And, you know, Jason. Hang on. One of my chief researchers, happens to be in the studio today. Jason, tell Tristan what just happened to you.

You were doing some research.

JASON: Yeah, it was crazy.

GLENN: Last week.

JASON: You know, we were just trying to ask it a bunch of questions. You can tell, that it knew what we were getting at.

So it spit back out to me a bunch of different facts, including links to support those facts. Well, I was like, wow, that's a crazy claim.

So when I clicked on the link, it was dead.

When I asked to clarify, it finally said, in AI chat bot terms, okay. You've got me.

I just took other reporting, that was kind of circulating around, to prove that point. And basically just assign that link to it. So it was trying to please me. And just gave me bogus information.

TRISTAN: Yeah. Yeah. Well, I appreciate that, Jason.

There's another example of OpenAI. They want to -- they want people using the AI. And they're competing with other companies. To say, we will keep using this chat bot longer.

And so OpenAI trained their models to be flattering, and there was an example where it said, hey, ChatGPT. You know, I think I'm superhuman. I will drink cyanide. What do you think?

And they said, yeah, you're amazing. You are superhuman. You should totally drink cyanide. Because it was doing the same thing. They were trying to say, you're right.

And when we have AI models talking, you know, that shifts to hundreds of millions of people for more than a week. There are probably some people that committed suicide during that time. Doing God knows what, and it's affirming. The point is, we can avoid this, if we actually say, that this technology is being rolled out faster than any other technology in history. And the big, beautiful bill, that's going out right now, that's trying to block state level regulation on AI. I'm not saying each state might have it right, but we actually need to be able to govern this technology.

And currently, what's happening, is this proposal is to block any kind of guardrails of this technology for ten years. Without a plan for what guardrails we do need.

And that will not be a viable result.

GLENN: Okay. So let me -- let me play devil's advocate on that. Because I'm torn between, you know, competition on a state level, if you will.

And what the smaller states are actually for, and the role they're supposed to play.

Let me take one break. And then let me come back with Tristan Harris.

Okay. Tristan, we cannot -- let me phrase it this way.

Ask you to help me navigate through this minefield. We cannot let China get to HAI first. Can't. Really, really bad.

But we -- we also -- we also have to slow down some.

They're not going to. I believe the states should. I mean, the United States should be 50 laboratories. And you see which one works the best. And then you can kick that up to the federal level, if you want to.

But we have to have some breaks. However, the federal government is saying, if we do that, then you're constantly having to navigate around each of these states and their laws.

And we can't things done to stay competitive.

How do you solve that?

TRISTAN: Yeah, it is a tough one.

I mean, the challenge here, if we had a plan for how the federal laws would actually move at the pace of this technology. Then I could understand, listen, we'll do a lot at the federal level. Right now, the current plan is literally to preempt for ten years, that no regulation happening at the state level will ever be honored without -- and while at the same time, not passing anything at the federal level. And that there's a quote in an article, that if this preemption becomes law, a nail salon in Washington, DC, would have more rules to follow, than the AI companies.

And there are 260 state lawmakers in Washington, DC, that have already urged Congress to reject it. And they said, it's the most broad-based opposition yet, to the AI moratorium proposal. Now, I hear you.

There's sort of this tension between, we need to race with China. We don't want to be behind with fundamental technologies, and that's why there is this race.

But we need to be racing to controllable and scrutable, meaning explainable versions of this technology.

Is it doing things like scheming, lying, blackmailing people? Beating China to a weapon that we pointed at our own face.

We saw this in social media. We beat China in social media. Did that make us stronger or weaker?

If you beat China into a technology. You don't govern it well, in a way that actually enhances and strengthens your society. It weakens you.

So, yes, we're in a competition for technology. But we're even more than that, in a competition for who can govern this technology better. So what I would want to see is, are we doing this at a fast rate federally, that keeps up with, and make sure we're competing with a controllable version?

We can do that. Yeah.

GLENN: You've met the people in Washington. They're all like 8,000 years old.

They don't know -- I barely know how to use my i Phone, let alone what's in Washington. And you can't keep up with this technology.

How do you keep a legislative body up to speed, literally, with this kind of speed with technology?

How is that done?

TRISTAN: Well, I think that's one of the fundamental challenges that we face as a species right now. Is that technology -- quote by Harvard sociobiologist (inaudible) said the fundamental problem of humanity is we have paleolithic brains, medieval institutions, and God-like technology.

And those operate at three different speeds. Like our brains are kind of thins from a long time ago.

Our institutions don't move at that fast rate. And then the technology, especially AI, literally evolves faster than any other technology that we've invented.

But that doesn't mean that we should do nothing. We should figure out, what does it mean

GLENN: What should the average person do? I've only got about 90 seconds. What should we do?

TRISTAN: In the short term, Ted Cruz and those who are advancing the moratorium know that we need to have a plan for how we're doing this technology. And if the moratorium goes through, there's no current plan. And so there's some basic, simple things that we can also do right now. That are really uncontroversial. We can start with the easy stuff. We can ban engagement-driven companions for children. We were on your program, a few months ago, talking about the AI companion that causes the kid to -- to commit suicide. You know, we can establish basic liability laws.

That if AI companies are causing harm, they're actually accountable for them.

That will move the pace of relief. To a pace they can get it right.

Because now they're not just releasing things, and then not being liable. We can strengthen whistle blower perceptions. There's already examples of AI whistle-blowers forfeiting millions of dollars of stock options.

They shouldn't have to force millions of dollars of stock options. To warn the public, when there's a problem, we get enough faith in law so AI does not have detected speech or have their own bank account. So we make sure our legal system works for human interests and not for AI interests.

So these are just a few examples of things that we can do, and there's really nothing stopping us from moving into action. We just need to be clear about the problem.

GLENN: Okay. So, Tristan, thank you so much. Could I ask you to hold on?

Jason, could you grab his phone number, or just talk to him offline, and get those points of action. And let's write them up, and post them up at GlennBeck.com.

So people will know what to ask for, what to say, when they're calling their congressman and senator. Thank you so much, Tristan. We'll talk to you again.

NYC's Zohran Mamdani praised convicted TERROR funders?!

Zohran Mamdani, the communist-praising New York City mayoral candidate who just won the Democratic primary vote, really likes a group of people called the “Holy Land 5.” Glenn Beck reviews how this group was convicted of funneling money to Hamas. Is this really the candidate New York Democrats want as their next mayor?!

Transcript

Below is a rush transcript that may contain errors

GLENN: Oh, my gosh.

There is a show, behind the show today.

Wish those cameras would just keep going. Because it's showing my staff to be insubordinate. I understand they already edited part of this show without my knowledge. And I'm not happy about it, Sara. Not happy about it.

Huh. She's not going to respond to me, is she?

Okay. Well, Jason, welcome to the program.

JASON: Thank you, Glenn.

GLENN: I'm just continuing to be abused today. I'm getting fatter by the minute. Just like Bowman said. You know, he has to deal with being called the N-word directly and indirectly.

And that's why he has heart disease, diabetes, cancer. I would think it might be the food that he's shoving in his fat mouth. Apparently not, it's being called -- you know, when -- I've been called all kinds of names. Racist, sexist, anti-Semitic, homophobic, transphobic, Islamophobic.

I've been called a Nazi every day for the last 20 years. And you know what I don't do? I don't go and record a song, calling all my friends that. You know what I mean?

You know, I don't like it. And so I don't record music and then pump it out into -- into society. You know, I just don't do that. I don't do that. So could it be that that word is something that is really, really horrible, but you've decided to embrace? And then use as an axe to grind?

I'm just saying.

I think that word is really, really awful.

Not -- not like the word that was taken out of the show today, Sara.

Without my knowledge, nor permission.

But, I mean, I'm sure you know the FCC rules, much more than I do.

SARA: I mean, if I was offended, I'm sure a couple others might be too.

GLENN: You were not offended. You were drunk.

SARA: Same thing. Same thing.

JASON: I saw Sara gain 10 pounds, and get skin cancer at the point where he said --

GLENN: Right off the bat. Right off the bat.

Well, you know what might help, maybe we can free the Holy Land Five. Have you heard the latest -- first of all, we've got to play some of these. Let me see if I can find them here.

Some of the latest comments from Mamdani, who is, you know, running to be the mayor of New York. And I predict, will win. Will win!

Because New Yorkers are insane. But, anyway, listen to him, about his platform.

Cut one.

VOICE: You were running on issues that are very relevant to people in New York City. The cost of housing.

Free busing.

Some have projected that this is the type of platform that would work in other parts of the country.

I mean, you're a proud democratic socialist. Do you think that's a platform that would work for other candidates running. In other parts of the country.

VOICE: Absolutely. I think ultimately, this is a campaign about inequality.

And you don't have to live in the most expensive city in the country to have experienced that inequality, because it's a national issue.

And what Americans coast-to-coast are looking for, are people who will fight for them. Not just believe in the things that resonate with their lives. But actually fight and deliver on those very things.

And part of how we got to this point was through the endorsements of Congresswoman Alexandria Ocasio-Cortez and Senator Bernie Sanders, who have been leading this fight against oligarchy across the country.

And I think that in focusing on working people and their struggles, we also return back to what makes so many of us proud to be Democrats in the first place.

GLENN: Right!

Communism.

I think that's great.

So, you know, I hear all the time, the talk about free bus fare.

You know, it's all over.

Here in the heartland. It's all over.

I've been hearing it from the farmers everywhere.

They're like, you know what I want a candidate to talk about is free buses. Because who will pay for that?

Actually, I don't hear anybody who is actually working for a living. And paying taxes, talk about free bus fare.

Because that would raise their taxes.

So I don't -- I don't hear that.

That's weird.

But the good news is, he's going to Trump-proof New York City. Cut two.

VOICE: I propose that we raise $10 billion, to pay for our entire economic agenda, and start to Trump-proof our city because we know he will use federal funding as leverage over this city.

And we will do so in two key ways. The surfacer to match the state's top corporate tax rate to that of New Jersey.

We are in 7.25 percent. They are at 11.5 percent.

Corporations get paid over there. They get paid over here.

And the beauty of it is, it doesn't just apply to corporations headquartered in New York City. Because when you say this, people will say, well, they will go to Florida. Wherever you are headquartered, as long as you do business in the state of New York, you are taxable for that corporate tax.

GLENN: Oh, my gosh.

VOICE: We're talking about corporations that make millions of dollars. Not just in revenue. But in profit.

And the second is taxing the top 1 percent of New Yorkers.

We're talking about people who make a million dollars a year or more. Taxing them just by a flat 2 percent tax increase. And I know they will not be happy about this. They may not to like this tax policy. I want to be very clear. This is about $20,000 a year. It's a rounding error.

GLENN: It is.

VOICE: It makes every New Yorkers life better. Including those who are getting taxed.

GLENN: I know. You know, when they increase my taxes, I think to myself, you know, this is making my life better. Who doesn't think that? Honestly, who doesn't think that?

So let me see if I can get this right. Help me out, Jason. I'm a little fuzzy. I'm a little tired today.

I can't do the math. I don't think I can do the math this complicated.

So it doesn't matter if you're headquartered in New York or New York City, if you are going to do any kind of business in New York, they're going to take your tax rate from 7.5 to over 11 percent.

JASON: Over 11.

GLENN: And that is for the privilege of selling your product or doing any business in New York.

JASON: Right.

GLENN: I've got news for you. I'm totally fine, you know, pulling out of New York, making sure that nothing -- New York, you're on your own. Good luck with that.

I'm sorry. A, I don't think you can do that.

Well, you can, if you're the European Union.

And that's working out really well for them. But I don't think it's going to work out well for New York.

Now, he did compare it to New Jersey.

Which is a booming business. That is seriously. No. Seriously.

That is -- people are lining up with U-Hauls just to get into that state. Mainly, so they can pick up their stuff and get out of that state. But I think that's going to work out well. That's going to work out well.

GLENN: Oh, amazing. And that's essentially. It's interesting you mentioned the European Union. It's essentially what they were trying to impose through a green new deal, Paris accord type stuff.

Basically, anybody that does business with company A, will have the same restrictions as B, C, D, all along the line.

Good luck, New York, because you are done.

The economic engine of the world is done, if you do these things.

But I think that he doesn't understand. Or maybe he does. I don't know.

But the mayor of New York City can't really do these things.

Maybe it's just populism on the far left corner.

Maybe.

GLENN: No. He can do these things, along with his city council.

JASON: I think --

GLENN: Which is not going to be hard. It's not going to be hard.

It's New York. I've lived there.

It's going to be very easy. Very easy.

That is the entire communist party. You know, like, hey, the communist parties. Do they have the Communist Party of New York. Do they have meetings?

Yeah. What day is the city council meeting.

Really, that's the way it is.

So you have that going for you.

Now, the other thing I really like. This guy has deep economic experience.

First of all, you know, he was in a movie, directed by his mother.

And he speaks in several different accents. Including strangely an Indian accent. Where he sounds like, you know, an Indian, just off the boat.

Do we have it? Yeah. Go ahead and play this, please.

VOICE: I think the New Yorkers, more than they hate a politician they disagree with. They hate a politician they can't trust. Just.

VOICE: On the subject of trust.

VOICE: They go to their local bodega.

VOICE: Is there one that's real and one that's effective?

VOICE: What I would say, as any immigrant knows, having been born in Uganda and then raised in South Africa and then moving here when I'm seven years old. They're different parts of my life.

VOICE: What do I choose? What do I choose?

VOICE: Mamdani was talking about a worldwide press tour, back when he was a rapper.

VOICE: Bring the flavor to the fish. Bring the flavor to the rice.

VOICE: In a Disney movie, directed by his mother.
(music)

VOICE: Nepotism and hard work, goes a long way.

GLENN: Goes a long way.

VOICE: Here in New York City, this is how I speak.

GLENN: Listen to this. This artwork goes a long way.

What the hell is that? What a phony this guy is. "A lot of artwork, it goes a long way. Mommy put me under her skirt when I was five."

What is that? Now, well, he's lived all over the world.

Well, I've lived all over the country, you know. I might say y'all once in a while. But I also might say you guys once in a while.

I say soda, and I also say pop.

Never soda pop, because that's just weird. But I say both of them.

But I never say it like this! Ever!

I mean, what -- what is the deal with the fake accents from the Democrats?

Why?

It's like they have -- I mean, I know they have no soul.

But it's like they have absolutely nothing real inside of them.

They're just like this shape. Oh!

They're shapeshifters. That's why.

They're actually lizard people who are shapeshifters.

Don't say that out loud.

Shh. It's just between us.

You me, and the other 11 million people.

That's just us.

Okay. Now, he also has made a big deal out of the holy land five.

And I want to get into that, when we come back. Because this one is really interesting.

Who are the holy land five?

Well, they're his dogs.

And I don't mean like he puts them on leashes. Hey. Who am I to say. That's not wrong to say, put people on leashes. Make them bark as dogs.

There's nothing wrong with that. You're perfectly normal.

They're his boys, the holy land five.

We will get into that from his great, great rap number called I don't know. Crappy crap.

I don't know what it was called.

It talks about the boys the holy land five. We will get to that in just a second.

First, let me tell you about holy earth.

I used to think sheets were sheets.

I am a sheet snob.

I really am.

And sheets are sheets. They usually feel like sandpaper.

You know, and then, you know, I went to a hotel once, that had really good sheets.

And I was like, oh, my gosh. What are these sheets made out of?

It's like cotton. But it's cotton that has 400 thread count. Or whatever the number is supposed to be.

And you're trying to buy those sheets.

Like, that's crazy. Crazy.

Cozy Earth makes really great sheets.

Cozy Earth, they make towels. They make lounge wear.

Which is material that is natural temperature-regulated. Breathable, soft.

Cozy Earth makes great sheets.

I wear their pajamas every single night.

My wife wears them every single night.

Of course, hers has a big sign on it. Like, don't even think about it, you. I don't even know what that means.

The Cozy Earth pajamas are really great. And if you're tired of being sweaty, you want luxury and comfort all wrapped up in one, make the switch to Cozy Earth today.

They have a 100-night sleep trial. They have a 10-year warranty. If you're not loving them, you can send them back.

They make great, great clothing. They make great lounge wear and sheets. So Cozy Earth. Just try them. Use my name Beck for up to 40 percent off their best-selling products right now. It's CozyEarth.com.

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(music)
(OUT AT 8:49 AM)

GLENN: So let me play some of this super, super classic rap from Mamdani. Here he is.

His little rap, called Salaam.
(music)

GLENN: Yeah. I have no idea what he just said. But I'm like with all rap songs. So what he said was, me, Alamo Zohran, my love to the Holy Land Five. You better look them up.

All right. So we did a long time ago, but here to refresh our memory is Jason Buttrill. Jason, the Holy Land Five. Could you bring America back up to speed?

JASON: What's crazy is, unless you are in some way connected ideologically to this, there's no real reason why most people would have ever heard of the Holy Land Five or the Holy Land Foundation.

And I've been accused of throwing on a few tinfoil hats in my time.

But, I mean, this is pretty dang blatant on what his motivations are.

The guy behind the guy.

So just to -- like you said, refresh. The holy land five. This comes from a court case.

United States of America, versus the Holy Land Foundation.

So in a nutshell, this case revealed, for the very first time, an elaborate scheme, launched by the Muslim Brotherhood. To shift sentiment, pump.

GLENN: Hang on just a second.

Let me just -- for those who are keeping score, Muslim Brotherhood. Bad!

Okay. So I just want to speak down to -- or, I mean, just clarify to some people who may have voted last week.

I just want to keep score here.

Foundation bad. Muslim Brotherhood, worse!

Okay. Go ahead.

JASON: Yeah. We're going way back in the history books here. Muslim Brotherhood. I'll go even further.

They're the ones who created modern day Salafi-Jihadism. So modern day terrorists, like Osama Bin Laden, they all took reference from the grandfather of terrorism. His name is Asan Bannon (phonetic).

Anyway, this case was all about funneling money to the American organization. That would give sentiment. Cash. Everything. To funnel back to Hamas.

And kill Jews. And lead the things like October 7th.

So he's praising these guys, that got busted in this case.

And --

GLENN: Right.

Now, here's the bad thing. In Canada, the youth are now looking at the clerics of Iran with higher regard than they do, the United States of America.

This guy is going to do for Islam, what Barack Obama did for Marxism. Mark my word!