'INSANE': The Fed is TRYING TO HIDE this from you
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'INSANE': The Fed is TRYING TO HIDE this from you

The Federal Reserve and U.S. Treasury recently made a big change to their banking rules: Big banks will now be forced to use the Fed's discount window (which was previously only used as a last resort by struggling banks) at least once a year. The Fed tried to argue that the last economic crisis was spurred by banks that didn't know how to use the window — so this new rule will act as a fire drill. But former investment banker Carol Roth sees through their "absolutely insane" spin. Carol joins Glenn to explain what's really going on here: The Fed wants to hide from YOU which banks are in trouble and grab even more control over the market. But Carol also brings some good news: This audience recently helped accomplish two "massive" wins in the fight against ESG.

Transcript

Below is a rush transcript that may contain errors

GLENN: We have Carol Roth on with us.

Hello, Carol. How are you?

I can't hear, Carol. There you go.

CAROL: Oh, great. I was saying, what a better way to start with the week than with you and your fabulous community. So off to a fantastic start.

GLENN: So let me give some good news to this fantastic audience. Big news from Florida.

The law that we spoke about, the last time that Justin Haskins was in town, in Dallas, we were talking to a Florida representative. It is working.

More than 100 Florida banks, including some huge nationally chartered banks, have just signed an agreement with the state, that they will not incriminate on the basis of customer's political views.

This is one of the main reasons why we wanted this in the first place. You can see the legislation. I'm going to tweet it out here in just a minute or so.

The legislation behind this. Is the same that we've been promoting since The Great Reset book was released in January of 2022.

Same legislation that lawmakers learned about when they came to the summit. That we hosted at Mercury One in Dallas.

And it's the same one that I talked about when I was on the stage, at the pro-family legislation conference, in November of 2023.

This is a massive, massive win.

Donald Trump has also formerly committed on the campaign trail, of stopping banks from discriminating on the basis of politics.

The whole point of the bill that we were pushing in -- in Florida.

If other states pass bills like the one in Florida, we will win and destroy ESG.

We're getting an update. Hopefully, we will have one at the end of the show, on how many states are taking this up.

Florida, again, is leading the way. Donald Trump, says, he is right with this.

We need your state. To follow Florida's lead. The banks are jumping off. And they are actually signing promises, that they will not consider your politics. When looking at loans or anything else.

That is huge, Carol. Huge.

CAROL: That is huge. And I want to point out, Glenn. This is the second grassroots win, that we heard about, within the last seven days.

And I am so proud of you and everyone in your audience, who has been saying, I'm not sure that I can make a difference, but, you know, I'm going to try. I'm going to write a letter. I'm going to send some comments in, whether it's to my state representative or governor or to whoever it is. We're seeing that when enough people stand up, they can make a difference. And that should inspire and fire everybody else up, to continue this. Because it is working.

And so I -- by the way, I have to say -- participated in some good news on the program.

GLENN: I know. I know. I know. That will end soon. Your mood won't improve much.

But I do want to point out, what you just said. Talk about what happened last week, that was another massive win.

And it started with this audience.

CAROL: It 100 percent started with this audience. And it started with you, and Marlo Oaks, the Treasurer out of Utah, who brought to our attention these natural asset companies. And the fact that the New York Stock Exchange had gone to the NCC, and said, we want to list them. We want to list these companies who can control and manage natural resources.

And we said, no. This isn't going to happen.

And so you brought this to everyone's attention.

We came up with a template.

People from this audience. Hundreds of people from this audience came, emailed me personally for that template.

Sent it in.

And there was so much pressure. That the FCC didn't even get to rule. The New York Stock Exchange withdrew the role because of the pressure from patriots, from this audience.

It was an absolutely huge victory. So now we've got this -- we've got the ESG. We have the nondiscrimination.

We have momentum. So certainly, lots more work to being done.

But everybody should take that moment, to take a victory lap. It doesn't mean you have a party for the rest of the year.

But for a quick moment to say, I made a difference. If I participated. And you didn't do it the last time around, next time around, do it the next time.

Because the more people who do it, the more of a chance, we have to make that difference.

GLENN: So we will get into why this is so critical, that you understand the power that you have.

And really, know it. It's critical.

Make sure you're listening next hour. Because I will show you massive moves now being made, on silencing voices like ours, to alert people like you.

So you may have to be the replacement vote. Voice.

To currently others.

It is the digital ghettos are being made, right now.

And they're going to start putting people behind those walls, soon.

Okay. So, Carol. Let me explain the discount window. And see if I have it right.

Discount window, at the fed.

Think of a bunch of windows, at a bank. Where you walk up to a window.

The discount window is where banks, if they walked into the fed.

Which is the bank of banks.

So all those windows.

There are bankers at that window.

No people like you. And the discount window was the kind of shameful window at the end, that everyone could see.

And you could walk up to the discount window if your bank was if trouble.

And say with, I need to borrow some more money. I need it here.

Because we're getting dicey on the books. And all the bankers can look and see who is in line with that discount window.

And they say, bank of Georgia is in real trouble.

So it was shameful. And nobody wanted to go up to that discount window.

After 2008, they took all that shame away. And now you can walk up and go, yeah, man, right!

Are we all in trouble. You bet?

Can you give me some more money. Do I have that right?

CAROL: Pretty similar.

It's unfortunate.

Because the discount window does sound like a place at Nordstrom, where you maybe get a discount on some goods, right?

But you said, it is sort of -- has a stigma attached to it. Because within the banking system, within the plumbing, as you noted.

Banks lend to each other on a regular basis.

And if you're in good shape, you may go. And if you have a liquidity need, overnight or for short-term, you may go to another bank, and you may get a loan.

And that's actually what the fed funds rate sets that target rate of lending at, that we hear.

We hear, we will go up 50 basis points. We will go down. That set interbank lending rate.

The discount window, as you mentioned is at the fed. Funny enough, it's not even at a discount. It's actually at a premium to the fed's fund rate. Because banks who can't get the money elsewhere, have to go to the fed. We've heard the name -- the phrase, the fed is the lender of last resort.

And that's if you're in line at that discount window. It's because you've got nowhere else to go in order to get that money for your liquidity.

GLENN: Correct.

CAROL: So while that information isn't reported, usually on a case-by-case basis. For about two years.

You don't know specifically.

There's enough details that participants in the market can infer who is going to those windows.

And then also, it's a very important market signal.

Because in the aggregate.

If we're seeing a lot of loans being taken down, via the discount window.

Which is reported on a regular basis.

We can infer there is trouble in the banking system. So like we did last March, when there was a banking crisis, we saw this huge spike in discount window usage. So I think that that kind of pieces this all together.

GLENN: Okay. So now what has the fed done?

CAROL: So there is a new rule that is being worked on. This had been rumored to be happening for a long time.

And now it's finally come out. It's between the fed, the treasury. And the -- I believe it's the FDIC. And they are planning to say, well, because there's so much -- well, actually, they're not saying -- I'm getting ahead of myself.

They're basically saying, they will introduce a new rule. That if you are a bank over a certain size. I think that $100 billion is the assumed cut-off point. That we're going to force you, to use the fed discount window, every year on whether you need a loan.

Whether you don't need a loan. Whether you can borrow for another bank.

It doesn't matter. And they will make sure you do it.

And the reason is, they think you're so stupid.

They say, well, the reason why we had this crisis in March.

Wasn't because we had all of these underwater, you know, securities on bank balance sheets.

No, no, no. That wasn't the issue.

It was because they couldn't figure out how to use the discount window.

So this will be like a dress rehearsal, or a fire drill. So if you do it on a regular basis, now you know. And we can avoid the other crisis.

Which is absolutely insane. And if you believe that, I have a bridge to sell you.

GLENN: That is like, that is like cops saying, yeah. Well, we -- we have to fire our guns. You know, at people. Once in a while, because otherwise, if something happens, we won't know how to fire guns at people.

I mean, that's crazy.

Of course they know how to use it. That's their job to learn how to use it.

It seems to me, they are forcing these banks to do it. So we don't know who is in trouble anymore.

CAROL: Bingo. So there's this great newsletter called FX Hedge.

And they brought this out into the open, and sort of surmised the different reasons why this is happening.

And I'll add my own flavor into it. But like I said, the obvious reason, is that they're trying to obfuscate the information. The signal. They're trying to hide what's about to go in the banking system. So that's the clear reason. The only reason why you would force everybody to do it. Because, of course, if you're part of the fed system, you will know how to use the discount window. Big, huge banks, and they can't figure out how to use the discount window. It's absolutely insane. But it's also kind of -- if you go down the line, they must think there is some reason for them to hide this information. Which is the various issues and weakness which we have known for a while, remains in the banking system.

On top of that, this FX Hedge newsletter, also talked about the idea of consolidation. Something that you and I have spoke about, a lot within the banking system and centralization. That if the banks are no longer lending it to each other, and they are now relying on the fed, this is shifting the banking system away from, you know, more of a quasi-free market. To more fed-controlled system.

Which we know is something that we've been concerned about with CBDC. And, you know, the fourth reason could be these liquidity issues that we're seeing in the Treasury market, and the need for the fed to find ways to increase its balance sheet without calling it QE.

So lots of possible different reasons. But certainly, that first hallmark reason. That they're trying to hide information, and issues.

Within the banking system. Is just -- it's not only a head scratcher. But it's a red neon sign.

Why Biden's Regime Wants to Brand YOU a 'Christian Nationalist' | Glenn TV | Ep 337
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Why Biden's Regime Wants to Brand YOU a 'Christian Nationalist' | Glenn TV | Ep 337

Blaze Media journalist Steve Baker has been arrested by the FBI. His “crime”? Reporting from the Capitol on January 6, 2021, and exposing the Biden regime’s corrupt campaign to brand political dissenters as “insurrectionists” and “extremists.” But there’s a new “threat” that the regime is targeting. It has partnered with the media, Big Tech, and private corporations to create the narrative that Christian conservatives are just a step away from domestic terrorists. And it all begins with their newest label: “Christian nationalist.” Politico has already deployed it to falsely claim that former Trump official Russ Vought and the Heritage Foundation are trying to usher in a theocracy with “Project 2025.” But what does “Christian nationalism” really mean? Should Christians embrace the term, or is this all a trap? Glenn breaks it all down, including why he believes this is an attempt to crack down on your God-given rights. Glenn also speaks with FBI whistleblower Steve Friend, who has some strong words for the FBI agents in charge of Steve Baker’s arrest and a warning about how weaponized the agency has already become against Christians.

House Releases 5,000 Hours of Jan. 6 CCTV Footage, Will Release ALL 40K Hours
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House Releases 5,000 Hours of Jan. 6 CCTV Footage, Will Release ALL 40K Hours

House Republicans are moving forward with their promise to release all 40,000+ hours of CCTV footage from the events of January 6, 2021. Rep. Barry Loudermilk (R-GA) joins Glenn to announce the release of 5,000 hours of footage, partially in response to the FBI’s arrest of Blaze Media journalist Steve Baker. Plus, he tells Glenn that the House plans to release the rest of the footage over the next 8 weeks.

Transcript

Below is a rush transcript that may contain errors

GLENN: Congressman Loudermilk is on now. He has an announcement of his own today, that I think kind of ties into this. But I don't know what it is. Barry, welcome to the program.

BARRY: Glenn, it's always good to be with you. Not necessarily under these circumstances. But thank you and Steve for the resilience through all this. It's terrible. It's ridiculous. But it's sort of like what my dad told me. He was a medic in World War II. Was involved in the D-Day invasion. Battle of the Bulge, all the way into Germany.

And he used to tell me that, Glenn, they don't shoot at you until you're taking their ground.

GLENN: I know.

BARRY: And we must be over the target. We're taking this --

GLENN: Well, we know, we are, Barry.

You've been a big part of helping us get access to all of the video footage.

And we know we are.

The more footage that is released, the more this looks like a total and complete setup and lie.

BARRY: Well, that's part of the transparency part of the Constitution. That's why we have the freedom of the press, to be able to be transparent and hold government accountable.

And this is why they're trying to strip away, and as you just said, if you're going to go after Steve Baker, you need to go after the dozens of other reporters, that were present, in the Capitol that day. Who didn't do anything wrong. That's why we wanted to make sure that we got these video, regarding Steve and where he was, out early.

GLENN: And I know you guys have worked all night to do that. We got it early, early this morning. And I can't thank you enough for that, Congressman.

BARRY: Yeah. And our staff, I cannot commend them enough. I mean, we have this blue-like thing going through everywhere.

I think half our staff has been sick. Including me this week. But they stayed late. And got this done.

But they were also pushing to make sure we were doing something else today. Literally, just before I came on. Speaker Johnson released what we've been working on, over the past the several -- several weeks.

Is today, I did additional 5,000 hours of video footage.

Will be available on Rumble.

It's going to be rolling out throughout the day. It's taken us a while to get this because it's a technical process.

You've got to convert these video from the CCTV format, into an internet-friendly format. And when we first started doing this, when Speaker Johnson said, let's get them all out there. It was just taking our investigative team, of full-time -- just trying to get all this processed, which was taking us away from the other parts of the investigation.

GLENN: So how many -- how many hours are there in total?

I mean, I know you're going to release 5,000 hours. Is that all of it? Or...

RIKKI: No, no.

We're going to continue doing. Our goal is to continue doing about 1200 hours a day, if we can, through the processing.

So what we've done, I just went to the speaker. I said, look, it's taking all of our time.

I agree with you. We should get all of this on you the there.

But it's taking our investigative teams time just doing this.

And it's taking away from the other important points of investigating January 6. The light and selective committee.

And how they violated rules. And how their report is just a fabrication.

And so I suggested, can we just contract?

Can we find a contractor?

And hire a contractor to come in, and start the process of getting all these videos uploaded. And so he approved it.

And so it took us just a little bit of time to get the contract done. The contractor is working on getting the videos uploaded.

So the 5,000 will be available today.

It may take a little while for them to propagate through the system on rumble.

But we are going to continue every week, with rolling out more and more, just -- you know, anticipating some technical issues or whatever.

We're looking at maybe eight weeks.

That we should have all 40,000 hours up.

GLENN: Barry, is this because of Steve or partly because of what's going on, or the timing?

BARRY: The videos that we're releasing the prioritization of which videos of which we decided to do first.

Is partially because of what Steve is going through.

We -- because that is important to get those angles and those things out.

And it helps us to work on both at one time. And so that was part of it, because we see the direction that certain people are going, and what they're trying to cover up.

And so, we're going to get all the video out there. But we did prioritize some of these angles, and these footages.

And that's what we're looking at. What are the most important to support, the findings in our investigation. As well as, I mean, Steve has been a great team player with us. You know, he gets information. And when he gets something that he thinks is valuable to our investigation. He'll share it with us.

GLENN: We offered it all to -- he offered all of it to the FBI. And, I mean, on day one, when he had it. He was like, if you need it, you can have it.

I mean, he was documenting -- I don't want to get into it.

Congressman Barry Loudermilk from Georgia. Thank you, sincerely, thank you. Appreciate it.

BARRY: Thank you, Glenn. Well, we appreciate all you're doing, and definitely our prayers are with you. I mean, this is -- this is horrendous. It's terrible. We're going to be there, to make sure that justice is done. And -- and that means that the freedom. Our Constitution is upheld. And the truth be known.

GLENN: Yes. Thank you so much, Congressman. Congressman Barry Loudermilk from Georgia. A true friend indeed.

WATCH: FBI ARRESTS, Handcuffs, & Charges a JOURNALIST Over Jan. 6 Reporting
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WATCH: FBI ARRESTS, Handcuffs, & Charges a JOURNALIST Over Jan. 6 Reporting

Blaze Media investigative journalist Steve Baker has been arrested, arraigned, and handcuffed by the FBI on charges related to his reporting at the Capitol on January 6, 2021. Glenn reveals the charges, as well as a segment of CCTV footage that House Republicans released to Blaze Media that suggests a different story. Plus, BlazeTV contributor Jill Savage gives an update from the Dallas, TX, courthouse.

Transcript

Below is a rush transcript that may contain errors

GLENN: We welcome to the program now Jill savage.

She is a Blaze TV contributor.

And following this story, this is going to be breaking news all day. We don't believe anyone else will cover it. That's why it is so crucial that we cover it. And you spread the news. Or -- or honestly, America just goes down another road, that is unthinkable.

The FBI arrested a Blaze TV reporter. Jill, what do you know, so far.

JILL: Well, we know he will be in court at 10:00 a.m.

He's already self-surrendered at 7:00 a.m. this morning. They handcuffed him. And this is -- it's interesting, because we think there will be four misdemeanor charges.

Right? That's what they've told us so far.

We don't know that for a fact. He's not been told the charges up until this point.

Because they said, they were scared he would tweet out the charges.

Well, at some point, this will all become public record.

So they're also afraid. He is afraid, that it is three or four misdemeanors.

How many misdemeanors?

JILL: Four.

GLENN: Four misdemeanors. But he feels like they will use those four misdemeanors to -- as enticement. You just say you did wrong, otherwise we bump it up to a felony.

But for the life of me, I cannot understand what -- what even the misdemeanors are. You know, they were parading. What were some of the other ones that they charge people with?

He's not parading. He went as a journalist. And we have, and we'll show you in a few minutes. We just got in the middle of the night, from Barry Loudermilk's office and the Speaker of the House. Those two have just been amazing. They got all of the tape of Steve, reporting in the Capitol on January 6th.

And so we have all of the -- I think there might be a couple more minutes. I don't know.

We don't know how complete it is. But it's fairly complete of him in the Capitol that day, just reporting.

And our understanding is, from the Capitol, that there is no parading. There's nothing, but journalism, taking photographs.

Taking video. And reporting.

JILL: Yeah. Steve Baker is a Blaze media reporter now. But on the day of January 6th.

When he went into the Capitol building. He was an independent reporter. He said, he went in trying to document the day. He said, he didn't know what January 6th was going to turn into. He just followed the story where it went. He was outside with the crowd, and said, okay. A lot of people are going in the building, let me go see what's going on in there. And from that, they are now turning his life into hell. And you can see, that they are not just going out. And he said, they could have easily just said, an order to appear in front of the court today. But that's not what they did. They put an actual arrest warrant out for him. And Steve this weekend asked his lawyer, why are they doing this to me? And his lawyer looked at him and said, you know why they're doing this to you. You've poked them for three years.

That's the other point. They've been doing this to him for almost three years now.

In December of 2023, they said an arrest warrant would be imminent. They've been making him wait and wait for these charges to come down. He's just living his life, thinking, okay. What time is this going to happen to me?

GLENN: When you know people have been railroaded and if they didn't cooperate, they got 20 years, 20 years!

This is like a cancer diagnosis. Can you imagine, the doctor saying, you might have cancer. You might be fine.

Here. I'm going to give you the results of your test. They're imminent, any day now. And then you wait two and a half years.

That's -- they're making the process, the punishment. Because they don't have anything.

And so they're making -- they're setting an example by scaring everyone. And I swear to you, America. If you don't wake up on this one, if these reporters, if these journalists don't report this. May God have mercy on your soul! For what you've done to the republic. This is a journalist. That is being arrested. And you say nothing?

May God have mercy on your soul.

So they arrested him. Now, they told him to show up in shorts and sandals, right?

JILL: Right.

STU: Which you just can't picture -- told him, I can't picture you in flip-flops. He does not look like a man who has ever worn flip-flops in his entire life.

GLENN: No.

JILL: And theoretically, it's to make it easier just to put the orange jumpsuit on, and put the chains on. And go through, right? They want to make this as humiliating as possible. This is not just, here, let's do X, Y, and Z. Let's go through by the book. No. We want to humiliate you. That's why we're telling you, not what charges you're facing. But we're telling you to show up in shorts and flip-flops.

GLENN: So this is what is what happened about an hour ago. Do we have the video of Steve?

STU: Not wearing shorts and flip-flops notably?

GLENN: No. He went in a suit. And he's on his way to the FBI. There's first picture of him.

Do we have the video of him being handcuffed?

That's all we have right now. But he was -- I am told, I have not seen the video. I am told that he was -- he was leaned up against the car.

And then his face was pushed down on to the -- on to the hood.

STU: Come on.

GLENN: And he was handcuffed.

They're going to put leg irons on him, and an orange yomps.

Now, for four misdemeanors, why do you need leg irons?

JILL: It's all the humiliation game.

And that's exactly what -- everything is going back to. None of this needed to happen. The way that it is.

I hope that that is what people take away from today. None of this needed to happen this way.

It could have been an order to appear in front of the court. It didn't have to be duress. It didn't have to be an orange yomps. It didn't have to be with the chains.

But they're doing this for show.

STU: He told me yesterday, Glenn. That the fifth person to breach the Capitol building.

The fifth, was a New York Times journalist.

GLENN: Who went through the window.

STU: The window. The broken window. The fifth one.

Now, look, I am not at all advocating that the New York Times journalist who went in there, should be arrested. Should not.

Quite clearly, this is a story worth covering, and it's -- it's vitally important we have video that Steve took. Which, by the way, was then used by documentaries.

GLENN: HBO.

STU: By the House -- the -- whatever that counsel -- the committee was.

GLENN: The committee of clowns.

STU: The committee of clowns that went after everybody. They used his footage. And now they're going to arrest him for taking it. It's incomprehensible what they're doing.

GLENN: He said, there's a possibility that they get him on some sort of crossing state lines.

Because he crossed state lines and then sold the video. It's like, what?

What kind of law is that?

I've never even heard of that.

STU: These are the Commerce Clause for anything, as you know.

GLENN: Yeah. No. I know. I know. Okay. So you're on your way down to the courthouse, right?

JILL: Yes, I will be there today, reporting back with whatever comes out of the courthouse today.

GLENN: Okay. Thank you so much. Appreciate it.

JILL: Thanks, Glenn.

GLENN: I have done this job, since 1978.

I have never seen anything like this.

I believe, they left Steve alone, for two years. He was not a Blaze TV correspondent. They left him alone. They first contacted him, and they had nothing. Literally nothing.

He is a journalist, an independent journalist, when he was at the Capitol. He did not engage in anything.

The guy is a Libertarian. He wasn't for Trump. He wasn't for anybody. He was an independent journalist.

There are, I think, 60 journalists, that were on Capitol Hill that day. Now the federal government, as soon as he joined us. And started putting his stuff out, and it got eyeballs.

All of a sudden, they're after him.

And I don't think this is -- I mean, I know they need him to stop. Because he's the guy who has revealed everything.

We're getting down to the Kamala Harris stuff. He told me yesterday, some things that he's working on.

And he said, Glenn, there are other people, who know it.

Other people have my work, in case, I become suicidal, in jail.

He said, and he told me a story, I'm not going to tell you.

He told me a story, if he can prove this. I mean, it's game-changing.

This is the clip of him. Is this the clip of him in the Capitol, being handcuffed?

Here he is, the clip of him being handcuffed today if you're watching Blaze TV.

STU: Got to be kidding me.

GLENN: Look at that. Perp walk. This is the nicest, quietest, gentlest man I know.

STU: It's incredible.

GLENN: Unbelievable.

STU: Charges are as follows. Knowingly entering or remaining in any restricted building or grounds without lawful authority. Now, that's one he's talked about. And he said, you know, look, I'm a journalist. And I know, even as a journalist, I --

GLENN: New York Times was there.

STU: -- I'm not allowed to be in these buildings, even if I'm covering these stories.

However, the fifth person, through a broken window, to enter the Capitol, was a New York Times journalist. And they are not being charged.

GLENN: And he didn't enter through a broken window. The other two -- three charges.

STU: Disorderly and disruptive conduct in a restricted HEP or grounds. Disorderly conduct in the Capitol building.

GLENN: Didn't happen.

STU: Parading, demonstrating, or picketing in a Capitol building.

GLENN: Didn't happen.

So we are waiting now in front of the -- the justice building, if you can call it that. The courthouse, here in Dallas. One of our colleagues has been arrested today for January 6th. Could we just play the footage, that we got from the Capitol, last night?

There, I mean, look at this. He -- Steve is in this footage, this the Capitol from January 6th. He is up against the wall, right there. He's either writing or he's checking the pictures on his camera, to make sure he has the shots he wants.

STU: He's not even looking at what's going on at that point. He's writing.

GLENN: Yeah, he's not engaged in anything, other than writing and something.

And then soon, he's going to move around the crowd. And he's going to stand in a doorway, doing exactly the same thing, except taking pictures.

RIKKI: Doesn't look very disorderly to me.

STU: No. He's just texting or taking notes.

RIKKI: Not a lot of parading. His tripod is actually up against the wall.

GLENN: Have I seen all of this footage?

RIKKI: No, we've only got -- you heard the Congressman telling --

GLENN: No, no, no. Have you seen all 5 minutes of this -- it's boring as not.

RIKKI: Oh, yeah. It's very boring.

I could see why the FBI didn't want to look at this.

STU: I mean, this is not parading. He's not even engaged with the crowd. He's leaning against the wall, as the crowd passes by. And takes notes. We have seen him try to document the events that are going on.

But like people in front of him are cheering, waving their flags.

He's just leaning against the wall.

GLENN: Writing, writing.

And taking photographs and videos.

This is -- this is insane. But then again, this is -- this is not the only journalist. The other journalist that all other journalists seem to have turned their back on is Catherine Herridge.

She was at CBS, right?

She was just fired. She's been all over. She worked at ABC. NBC.

Fox. And she was at CBS. They just fired her.

And now, she is facing jail time. Because she won't reveal the source of a witness.

And that witness, that whistle blowed to her, was whistle-blowing on how there is an infiltration in our universities. From China.

And the government wants to know who her source was. And so they're putting her in jail.

What a surprise, it has something to do with China, hmm?

So that's two journalists in jail today. Rikki, I'm sorry.

Jill Savage is down at the courthouse. And she's -- we're waiting for Steve to come out. But what is the situation, have you heard, Jill?

JILL: Yeah. I was just up in the room with Steve Baker as he was going through his arraignment. He was there with four -- four defendants, who walked in. Steve, it was nice enough that they were letting him wear his blue dress pants and dress shirts.

So the orange jumpsuit that we were talking about earlier on the show, Glenn, did not happen. But he was indeed shackled at his wrists and ankles.

Steve looked over at us, as he walked in to the courthouse, and definitely showed those -- those shackles there on his wrists and ankles. And, Steve, it is going to be known that he will be released some time today. They were asked that. The government lawyer said that that was fine. That that was going to be part of today's proceedings. And then he will be set to appear in court, in the District of Columbia, on March 14th, at 12:30 Eastern Standard. So that will be the next thing that we should look for, for Steve Baker.

GLENN: Do we know the judge?

Stu, in the charges, it was signed a District of Columbia judge.

We should look up the judge.

Is that the hanging judge?

I mean, he's going into territory now, where he -- good luck getting a fair trial.

JILL: Yeah. Absolutely. And I think that was one of the things that the lawyers definitely knew what they were getting in for today. We were able to speak to them just briefly before they went up into the courtroom. But that is now the unknown.

What happens when things do get into the District of Columbia on March 14th.

GLENN: Tell Steve that I talked to Alan Dershowitz today. And Alan is willing to get involved pro bono, to help him, for free speech cases.

This isn't the only one, unfortunately, that is now popping up.

How the Supreme Court’s Presidential Immunity Decision Could Change EVERYTHING
RADIO

How the Supreme Court’s Presidential Immunity Decision Could Change EVERYTHING

The Supreme Court has decided to take up former president Donald Trump’s presidential immunity case. This is good news, Glenn says, but the decision could have huge ramifications for the 2024 election and future presidents. Glenn and Stu discuss what might happen: Will special counsel Jack Smith’s case against Trump take a massive hit? Or will the Supreme Court practically gut the power of the presidency? Glenn and Stu also discuss why they believe Trump is in a great position right now in his 4 trials: “There’s a good shot that none of this comes to anything.”

Transcript

Below is a rush transcript that may contain errors

GLENN: So there's a couple of things. Let me start with some good news.

A judge -- let me just read this.

No individuals associated with the left, who engaged in far right speech, and violently suppressed the protected speech of Trump supporters, were charged with a federal crime for their part in starting riots at a political event.

This is textbook viewpoint discrimination.

Okay. You ready?

That was said by a judge in California. He threw the charges out of the -- two far right political agitators. Saying, this is selective prosecution.

Now, these two guys, I don't know if they're necessarily -- you know, I don't consider Nazis far right. But maybe you do.

But they're white nationalist group. I shouldn't say Nazis. They're a far right nationalist group. So they're people I really don't like.

Kind of like the people in Antifa. I don't like them either.

So what the charge was, is these guys were holding a rally. And the Antifa guys came with, you know, all those things that they do. Intimidated and beat some of the people in this. Police came.

Only arrested the far right people. Not anybody at Antifa. And a judge said, no. Sorry. Can't do it.

Not going to do it. If you didn't arrest the other side. You can't arrest these guys. I think it's a step in the right direction. That's what I've always been saying.

Wait a minute. January 6. Why did you arrest all those people.

When you had people stealing. Breaking windows. Burning cities.

And none of those people were arrested.

STU: Yeah. I would think my preference would be, everyone would be arrested for burning it down.

GLENN: No. That's not my preference.

That's the way America should work.

STU: But my secondary choice is nobody does. It at least should be fair.

However, I would like all the people who burn things to the ground or start riots or beat the heck out of police officers, they should all go to prison. I'm fine with that.

GLENN: Let me give you this now. Bump stocks. Supreme Court.

The justices heard the case to legally -- to repeal an executive order from Donald Trump. Or was it an executive order?

Or was it just redefining guide lines?

STU: Yeah. It was that type of thing. An administrative change.

You know, this thing we already approved for eight years.

What if we don't approve it anymore.

What if we let a guy build an entire business, based on this thing that we were okay with. And then just pull the rug right out.

And make him send, what was it?

80 pallets of unused and unsold bump stocks to be melted down. What if we do that instead?

GLENN: It's one of the worst things Donald Trump did in his administration.

Was just use that executive, administrative branch to single-handedly say, no. Can't do that.

Supreme Court looks like they're torn.

Usual lines.

But there's a chance the bump stocks survive.

STU: The ban, you mean?

GLENN: Yeah.

STU: It's weird. The way the case is set up, is basically the question of, they should have at least passed a law to do this. If you want to get rid of bump stocks. You need to pass a law to ban bump stocks. You can't just do it. And I don't know. That just seems overtly obvious. However, I don't even think, the law if it was passed, would be constitutional. That's maybe, you know, being a Second Amendment extremist, or something.

GLENN: But at least that's the way our Constitution and the system of government is supposed to work.

You can pass a law. And it's not constitutional. Go back and rewrite the law and make it constitutional, if you can. You know what I mean?

STU: Or take the advice as unconstitutional and maybe don't do it again.

I take your point. At least it would be a normalized process.

Instead, what they did was basically say, I don't want these.

GLENN: It's the administrative state.

STU: It's bad on both sides.

GLENN: And I don't know how to convince people that this is one of the biggest problems we have in America.

Congress does not do their job.

They're not required to anymore.

Many of them are there fighting, to do a job.

But everything is a back door deal, that you got to rush to sign. And then it just gives more power to the agencies. Where the agencies can say, oh, no. You know what? We have this guideline. Why don't we write it to include this?

STU: Yeah. And, look, I get the motivation here. This is the worst mass shooting, that was not government-involved, in -- in history.

GLENN: Yes. Right.

STU: And it was really, really a bad incident.

But emotions of that incident do not overwhelm our system of government.

And, you know, they -- they -- this is just completely unfair.

They changed tens of thousands of US citizens into felons overnight.

GLENN: So there is -- there is another court case, that the spouter yesterday, said they would take up.

I think this is good news. And not just politically good news.

The real question here is presidential immunity. Does the president -- is he immune from a criminal trial for things he did as president?

Not while president. As president.

The answer to me would be, yes. No trial for -- because that should have been stopped by Congress. Or the Supreme Court. Or whatever.

As an official act, there should be -- we shouldn't have a bunch of people putting their hands in their pockets. Going, well, I was just following order. No. If it's illegal. No. Stop it.

But can the president do an official act, and then be held in criminal court. If that happens, you will just continue to be able to prosecute any president that is running a second term.

STU: So -- and I think pretty much the line is set. That while a president. If you do something as president, and you're currently still president. The answer to this, is pretty much. They can't throw you in prison. While you're president of the United States. That's been at least the guideline.

GLENN: No. No. But it's also a separation of, if the president murdered somebody while he was president, he should go to prison.

You know what I mean?

STU: Right. I would agree to that.

GLENN: He would murder somebody, while he was president.

STU: However, I believe the way that would play out. He would need to be impeached first.

And removed from office. And then he would be thrown in jail.

At least the -- it's not like a constitutional -- it's not in the Constitution.

There's not a founding, really reference toward this. The guidelines they've used is one year actually operating as the chief executive. We can't take you out of that room.

GLENN: Well, yes.

And the thing with Biden is -- Biden's crimes were before he was president.

STU: Uh-huh. But still, if he was -- if they went to this level of -- they found enough evidence. And they decided they would --

GLENN: Oh, he would have to be --

STU: He would have to be impeached and removed. Before he dealt with the punishment of that. And when he was removed from office, then be able to go through the trial as a normal person would.

GLENN: So here is the -- here is the ramifications of this decision.

Can Donald Trump be held now, in -- in a criminal case, for his acts as president?

The answer is, always been no. Always been no.

Otherwise, you're president if he decides to execute military operations. And somebody says, that that's illegal. Then it has to go to a court.

It would be very -- it would be very bad for the presidency.

It would just completely gut our president. This goes to the trial now, that everybody is so excited to hear.

All right. So the Supreme Court is hearing this, which would stop or at least because they're going to hear it, slow down the Jack Smith trial on Donald Trump.

Which is

STU: Which --

GLENN: Which trial.

STU: So you've got four major ones, right?

You've got the January 6th.

There are two of those.

You have the federal one, which is the jacks Smith.

And you have the Fani Willis one in Georgia.

Then you have the other two. Which are the New York. With Alvin brag. And you have the documents case in Florida.

Those are the four.

And it's like, I don't know, Glenn. Tell me if I'm wrong on this.

I think Trump is in the best position he's been in, since he started now.

GLENN: Oh, everybody has been saying, I don't know if I can vote for Donald Trump. Because he might go to jail.

At this point, there's a good shot, none of this comes to anything.

STU: Especially before the election.

GLENN: Yeah. Before the election, it won't now.

STU: Right. If you think about the four of them individually, you have -- one of them is the Alvin Bragg Stormy Daniels, which everyone acknowledges is the weakest case, it's the weakest case. He has all sorts of ridiculous laws he's bending to even bring the law in the first place.

It makes no sense.

Everyone, on the left, kind of blew that one off as frivolous. Then you have --

GLENN: And even if he's convicted of that, he won't lose any votes. Because it's just such a sham.

STU: Yeah. And plus, people knew that story already, a long time ago.

So second is the documents case. And, look, there is a lot of evidence against him on that, especially on how he handled it, when they asked for the documents back. He fought it.

And potentially did not tell them the truth about it.

Does he wind up being convicted of that?

It's possible. But what person -- you know, picture the Trump voter with the Trump sign in their lawn.

Then they're just like -- they're walked out one day. And say, I'm ripping this thing out of the ground. That man stored documents improperly.

I just don't believe that person exists. I don't know. I could be wrong. I just don't think he stored documents, frankly.

GLENN: The insurrection or stealing the election. Those -- are those big.

STU: Those could be big.

But think about what one of those two are. One is delayed in April. It could even be heard. Nothing can happen from now to April. April 22nd.

GLENN: Right. But after it's heard, their decision won't come out until June.

STU: Until June.

So you're all the way in June. Before they could even start this thing.

I mean, maybe they try to put this in -- I mean, the conventions are going on. I mean, we are deep into the election at this point.

Maybe they'll still try it. But it will be very difficult. And really amps up all of the problems with trying to persecute your opponents even more.

And then the last one is Fani Willis. Which is completely falling apart.

I mean, the texts that came out from this lawyer.

Who is texting the lawyers of the defense. Saying, yes.

Absolutely. This happened in 2019. And I'll tell you exactly where they met, and then he's on the -- the stand saying, I don't know.

I'm just speculating about that. Can he was not doing. He was given multiple chances to correct the actual filing about this. And said, there's no problem with it. And that's just what we know so far.

I mean, they completely lied --

GLENN: So far, there are three attorneys that should lose their license.

STU: Yeah, at least.

GLENN: At least. And personally, I think they should pay a very hefty fine.

And, well, possibly I think Fani Willis and her boyfriend, absolutely should go to jail. They were defiant.

They knew what they were doing. They didn't even have to test. She didn't even have to testify about it.

But she wanted to. She walked on that stand with the intent of lying. Gone.

STU: Everyone I talked to, said, nothing ever happens to these people when it happens. There's no I couldn't wait.

That may be true. I will say, this judge in particular. Remember, the Federalist Society. Appointed by a Republican.

He seems to have the right approach here, at the very least.

I don't know. Maybe we'll still be disappointed.

I don't think he's just taking this, as, oh, I can't wait. To give Fani Willis. A free pass on this.

I don't think that's his approach. We will see how this turns out. You all of these things -- at the very least, Trump will have a really good argument, even if he gets convicted in the Georgia case and come out -- these people are obviously corrupt. And it won't be one of those reflexive defenses where you're complaining about everything. They will have a really good case that this was corrupt.

GLENN: And the other one, if it makes it to court, is the District of Columbia.

So, I mean --

STU: I don't know.

GLENN: I think he's had a great week. Donald Trump. I think he's had a great week.

STU: Yeah. A lot of this stuff will probably cost him money in the long run. When it believes to this election. I think he's been in the best position he's been in, in a long time.

GLENN: Once again, the seems to be in the position, we got him this time. We got him this time.

Oh, crap, maybe we don't have him.