RADIO

Mark Levin: Left's FBI MISUSE did NOT start with Trump raid

President Trump has done NOTHING to deserve the level of mistreatment he’s received from the far-left and the mainstream media from the moment his candidacy was announced, BlazeTV’s Mark Levin tells Glenn. But, even though the FBI raid on the former president’s Mar-a-Lago home took corruption to a new level, Democrats have been misusing that federal agency for DECADES. In this clip, Levin describes all the ways the FBI has been misused in the past. Plus, he and Glenn discuss if it’s still possible for Americans to 'shake the chains' of our overpowering, federal government…

Transcript

Below is a rush transcript that may contain errors

GLENN: Mark Levin, nationally syndicated talk radio host, host of Levin TV. Chairman of Landmark Legal Foundation. Host of the Fox News show, Life, Liberty, and Levin. Author of six consecutive number one New York Times' best-sellers, Liberty and Tyranny.

Spent three months at number one. Sold more than 1.5 million copies.

American Marxism. I think was the best-selling book of the year. He's also an inductee of the national Hall of Fame.

Top advisers to several members of President Ronald Reagan's cabinet. He holds a BA from Temple University. At JD from Temple University Law School. And he's on the program.

He's on the program now to make me feel like a slug. Hello, Mark Levin, how are you?

MARK: What are you reading, Glenn?

GLENN: I was just looking you up, and just seeing all the things that you've accomplished. And then I started feeling bad, so I stopped reading.

MARK: Don't go on Wikipedia. That will make you happy.

GLENN: So, Mark, I wanted to -- we're doing a special on the FBI and how out of control justice and the FBI are. And they are -- they've been way for a long time. They were started -- when they were started, they were corrupt. But we are -- we're seeing things with Donald Trump, that should scare people to the core, and I don't think the average Democrat, who is not a Marxist, doesn't understand what is happening right now.

MARK: Well, first of all, they need to understand how corrupt their party is. Because the FBI has been used by Democrat president after Democrat president. And illegal ways. Really, starting with Franklin Roosevelt. He used FDR against his political opponents, including within his own party.

And they would collect dirt on his political opponents. He would use the IRS the same way. Which is why I had an 87,000 agents as a disaster.

GLENN: Disaster.

MARK: He unleashed the IRS, on Andrew Mellon. As a Treasury Secretary under Coolidge. He was the judge at the very end. Was wondering why he had this ten-year investigation. Because his Treasury secretary ordered it. At FDR's demand. And he used the FBI against a number of individuals and groups, including the media.

Robert Kennedy did the same thing with John Kennedy. They used the FBI, to tap Martin Luther King's phone, among others.

And, of course, he used the IRS to collect data on his political opponents. Probably the worst was Lyndon Johnson.

He used the FBI, the IRS, and the CIA. He even bugged Hubert Humphrey's phone when Hubert Humphrey was running for president on the Democrat primary. First, he wanted to see if he was loyal or not.

Because the FBI -- the FBI team at Atlantic City. There's a Democrat convention there. Monitor Martin Luther King and other civil rights leaders to see if they were going to be attacking him, Lyndon Johnson, even though he wasn't running against.

And then, of course, Nixon got caught doing some of the same things that they did, but not nearly as much.

But it didn't matter, because he wasn't a Republican. This attack on Trump is akin, the same pattern, but worse. It is constant. It's through his candidacy. His presidency. His post presidency.

As you undoubtedly know by now, you have two brilliant litigators, constitutional litigators. Not these former federal prosecutors who were dime a dozen, and don't even understand the Constitution.

GLENN: Right.

MARK: And they made the point in the Wall Street Journal the other day, and they're right, as the presidential records act allows the president to have access to classified and unclassified information.

There's nothing in there about where he could store it. He can bring it home, if he wants. And that's what he did. I've been arguing, the president can't violate the Espionage Act. How can he violate the Espionage Act of 1970?

When he's president, he says, all right. I'm taking these documents with me. You can't have a clearer statement of declassification than I'm taking these documents with me. But even if they're not declassified as this gentleman pointed out. It doesn't matter. In fact, he has exclusive use of these documents. Even the existing president can't just claim that document, unless they have an absolute significant reason to. So the fact that --

GLENN: So they came out -- I mean, I think it was a general warrant. But they came out with this warrant. And then we started hearing that it's nuclear secrets. And that it's espionage. All this bullcrap. What is it that they were really looking for. And how do we -- how do we shake off the chains of this government, that is this corrupt?

MARK: Well, they -- and so they --

GLENN: Wait. Wait. You're breaking up. I'm sorry. Say it again.

MARK: I'm sorry.

GLENN: Yeah. That's all right.

MARK: I have this home in Florida. Just you in the country. Remember those old movies. With cement and steel and everything else. I said to the builder, I'm only building this damn thing once. I don't care how many hurricanes we have here. And I don't care about FEMA.

Well, they said the rules of the state are 170 miles an hour.

But the state isn't building my house. 210 miles an hour. That's what I want the House -- so I poured all this money into this -- 8-inch-thick cement steel walls and floors. It doesn't look like it. The tilings underneath.

So we had to have an additional system, so I could use my cell phone. So there's certain dead spots in this house. Anyway, can you hear me now?

GLENN: Yeah. I do.

MARK: What is your question?

GLENN: My question was, what do you think they were looking for? And how do you shake the chains of this government that is so corrupt and out of control, it seems like we're cornered.

MARK: Well, a couple of things. You're right about the general warrant. This clearly violates the Fourth Amendment, and the particularity requirement, which was crucial to the columnists and to the Framers. If this doesn't violate it, I don't know what does.

And so they walk in there, and they grab everything. But I think they're looking for anything -- January 6th, of course, talked about that.

I'm sure you have anything you can get their hands on. And now they find, and they knew there were classified documents in there.

So they're trying to use criminal statutes on that. You bring in these hacks like Weisman, and put them on TV. And very ignorant low IQ hosts and news people, to just keep talking -- he has 700 pages of documents.

Classified. Three hundred classified documents. Who cares? Who cares?

And, of course, the reason the government doesn't want to release the affidavit is they prefer to leak this stuff to the New York Times and the Washington Post, in order to control it.

GLENN: Correct. Correct.

MARK: Now, what do we do about this?

You're not going to like this. We are in the abyss, trying to claw our way out. It's not that we're heading our way to the abyss. It's not that the country is unraveled. It's unraveled. So the question is now, how do we deal with a political party that hates America. That takes every step possible, to empower itself.

That only uses the Constitution to defend itself, or against their enemies. But otherwise has no respect or faith in the Constitution, whatsoever.


GLENN: And how do we defend ourselves and fix it, by -- by not becoming all that we despise and using the Constitution?

How can we do that?

MARK: It's you've got to elect people. If not Trump, like Trump. Who are willing to take them on. Who can stand up to this.

This is why so many people are attracted to him. It's because he doesn't bend. He fights back. He fights back. They try to take him out with impeachments and criminal investigations. DA investigations. State attorney investigations. Tax investigations. Property investigations.

Now this crap with his home and his wife's closet. And all the rest of it. That's why we have to defend him. Whether you like tweets or not, it's beside the point. Because if they take him down, who is going to fight for us?

Seriously, maybe DeSantis. Think of the same --

GLENN: I think DeSantis will do the same thing. But I will tell you, the only one that has been tested in literally the fires of hell, is Trump.

MARK: That's exactly right. And what did he do to deserve this?

Nothing. Absolutely nothing. He hasn't broken the law. If he's broken the law, don't you think he would have them by now? Rather than running around with instruction. And looking back with his property taxes ten years ago. And his income taxes 15 years ago. This is just all cracked. Nobody is examined like this. Looking at the Pelosi taxes for ten or 15 years. We're looking at the Bidens. Seriously, how he's been blowing up by foreign governments. None of these politicians could withstand this, but Trump withstands it.

GLENN: So -- so, Mark, I only have two minutes, unless you can stay after the break. I know you're busy. Which do you prefer? Two minutes or let me break?

MARK: No, no. We can stay after the break. I'm talking to the great Glenn Beck.

GLENN: Okay. Hang on just a second. Mark Levin. We continue our conversation here in a second. American Financing. Your home is not just where you live. It is an investment. It is probably your biggest investment. And right now, home values are still up around maybe 20 percent in some areas. Now, they are coming down. We are beginning to hit a -- a real -- the opposite housing problem, that we had before. If you have an equity in can't house, stacked up. Think able to access it right now. May make a difference. Being able to pay off the high interest credit card debts, so they're not hanging over your head anymore.

That's the best thing about equity. It can -- you can make it back over time. And meanwhile, you're chipping away at the things that will keep you down financially. Take ten minutes today. Call American Financing. Best in the business. Get into a free mortgage review for you. There's no hidden fees or any of that crap. They're just going to talk sense to you. If they can't help you, they will tell you. Stu, you've called them up. Stu is taking out a loan, I don't know, to start a drug business and buy a crackhouse.

STU: In Albuquerque.

GLENN: And he had these crazy -- you know, what I would like to do is put negative 5 percent down.

And they said, you can get that someplace. And they said, yes. Take it. We don't think --

STU: If that's what you want, go ahead.

GLENN: We don't recommend that, but that's what you want. They'll turn down business if it's not right for you. American Financing. 800-906-2440. Or go to AmericanFinancing.net.

JEFFY: American Financing. NMLS 182334. Www.NMLSconsumeraccess.org.
(music)
(OUT AT 9:47AM)

GLENN: This is the Glenn Beck Program. Talking to the great one, Mark Levin now. Five minutes extra with Mark Levin. It's always a good day. Mark, I'm really frustrated, because if we don't get the House and the Senate, there's almost nothing that the House can do, except, you know, block people like Nancy Pelosi, and shut everything out. But they can't actually reverse anything, can they? Actually, if we only have the House, what can we accomplish?

MARK: Well, we can stop things, you're right. And we can move the ball forward. And in the Senate. We also have another problem, in -- to the filibust, which I happen to support. We have Mitch McConnell, who in himself, is a filibuster against conservatives. You might remember, in 2010, how he hated the Tea Party movement. He hates the MAGA movement, oh, yeah. He still does.

MARK: In 1976 and '80, he was a Gerald Ford guy, and he was never really a Reagan guy. Worked in the Justice Department brief.

This guy is quintessential Washington RINO. And just ask yourself, what are the Republicans running on in the Senate? You don't even know. Because they haven't coalesced around a message. Because the guy is not a leader. But he raises the kind of money, a few years back.

GLENN: And he controls the money for all the other senators.

MARK: Yes, he does.

And so he controls the national Republican senatorial committee, which can take in hundreds of thousands of dollars per donor. Used to be a limit of 30-some-thousand. He put a rider on I think it was Obamacare or something like that. And he changed that, himself.

He has no capacity to communicate with the average American. The American people. He always talks like he has a salami sandwich in his mouth or something.

GLENN: Hey, I want to -- I want to ask you. You said you were for the filibuster. I'm for the filibuster. However, I would be for changing the filibuster back to the way it originally was. Where it was Mr. Smith Goes to Washington. You actually have to stand on the floor and filibuster.

Now, the Republicans -- or the Democrats, if I'm not mistaken, changed it, so you can just say, I'm going to filibuster. And everybody goes home.

MARK: Well, that's true. They threaten to filibuster. I don't know how we change that, since the Senate can make its own rules. The Republican leader in the Senate right now, I think that's the start.

We've got to have younger, newer, vibrant people, who come to Washington, knows their terms are limited. Have their purpose to --

GLENN: He's walking around again.

MARK: Yeah. We're always playing defense, or we're always on the -- with our backs against the wall. These guys, they come in, or like in the Senate, one second.

GLENN: Get away from the concrete and the metal.

MARK: No, it's FedEx.

GLENN: Okay.
(laughter)
I love talking to you.
(laughter)

MARK: And, as a matter of fact, they now require your birthdate, every damn time. It's the same person that shows, they want my birthdate. You know, it used to be, they would say, just leave the box.

Now it's, I want your signature, your birthday. What the hell is this? Anyway.

GLENN: All right. Last thing. Last thing. Because I've only got about a minute. How are you -- what are you seeing coming, reading the tea leaves, especially from last night. What are you seeing in the House and the Senate?

MARK: First of all, I see media so low to propaganda. They find this seat in New York.

And they say, this is indicative and illustrative of everything that happens, so the Democrat wins by the skin of their teeth.

You look around the rest of the country, the Republicans did really well. You look at Florida, they did extremely well. Conservatives are doing well. People have to keep their chin up. You have to ignore the media. Ignore them. They're corrupt. They hate us.

And fight and organize and be your own precinct worker, block captain. You have to work harder than you have before. They're going to do everything they can to stop us. But don't be despirited or demoralized by these fools in the media because that's what they'll do to you.

GLENN: Mark Levin.

MARK: They have a good shot at doing well. We'll see.

GLENN: Thank you so much, Mark. We'll talk to you soon. It's Mark Levin from Levin TV. You can hear him on radio. You can also catch his show every day. Levin TV, here on Blaze TV. Join us, become a part of the family. BlazeTV.com/Glenn. Use the promo code Glenn. And save.

Tonight, the FBI exposed. 9:00 p.m.

THE GLENN BECK PODCAST

Should the US Own Gaza? Ben Shapiro Explains Trump’s REAL Agenda | The Glenn Beck Podcast | Ep 245

Donald Trump may have just given “Free Palestine” a whole new meaning. In this episode of "The Glenn Beck Podcast," Ben Shapiro breaks down what Donald Trump understands about the Middle East and why he is seemingly immune to conventional State Department “nonsense” guidance on the Israel-Palestine conflict. “Nobody wants to own Gaza,” but what does Trump mean when he warns Hamas to return the hostages or else he will “let all hell break out”? If Ben advised Israeli Prime Minister Netanyahu, he would tell him to “listen to the president.” Ben and Glenn marvel at the breakneck speed at which the Trump administration is moving, how Elon Musk has been “unleashed on the federal government," and JD Vance’s clear position on AI in America. The two discuss tariffs, trade wars, annexing Canada, the war in Ukraine, Fauci, Epstein, the JFK assassination, and why we should investigate what went on during the Biden administration. In the end, they agree that “2024 was the nail in the coffin for legacy media” and joke that they are, in fact, “not tired of winning.”

RADIO

The MAJOR Difference Between the Trump and Biden Economies

Democrats just aren't getting the message: The American people are DONE with Big Government and their socialist agenda. But there is one thing that Trump must watch out for: the economy. If inflation continues for too long, it could mean trouble for his administration. However, Glenn explains the major difference between the Trump and Biden administrations when it comes to the economy: at least Trump is being honest with us. Instead of insisting that the economy is the greatest it's ever been, like Biden did, Trump has admitted that more pain could still be on the horizon. But hopefully, it will only be temporary...

Transcript

Below is a rush transcript that may contain errors

GLENN: Boy, I have to tell you, I think the -- the left just doesn't know what to do. They are on the ropes.

And then -- and then you put somebody like David Hogg in? As -- I mean, what are you thinking?

STU: Vice Chair of the DNC.

GLENN: Yeah. What are you thinking?

STU: They've learned nothing.

GLENN: Nothing.

STU: I think they're just panicking right now. And there is a reason to believe, if we're being honest here. That the American people are fickle. And they usually just run out of gas for whoever is in office. And I -- you know, you can't look ahead. And think, okay. This is 40 years of success ahead.

Like, they're going to do something. Right now, they're flailing though. We're three weeks into this.

GLENN: Right.

But you also have to remember, that it wasn't too long ago, that books were being written. How the Republican Party will never come back. It's over.

It will be 100 years of democratic rule.

STU: There was a book. Was it James Carville who wrote it about how Republicans would be a regional party only? This is after Barack Obama's 2008 election. The 2010 election was the biggest wave election in 100 years.

GLENN: Yeah.

STU: That's how fast this stuff can dry up. So this is why I'm so encouraged by what Trump is doing here. In that, we are at a situation, that he's realizing that he doesn't maybe have the longest road to do all of the stuff. He's got to get it done. And hopefully, it works, and excites the American people. And don't lose the House, for example, in 2026. Which is usually what happens.

GLENN: But you have to have someone competent to run, somebody who has vision.

I mean, you know, when you're putting in as your vice chair, David Hogg. It doesn't show

STU: It's at least a somewhat meaningless role.

GLENN: I know that. But still, it shows me that you are -- you are still on the same message. You know, I was talking to somebody yesterday. Do we have the picture of the front of Rockefeller Center? This is one of the buildings in Rockefeller Center. Pull it up if you can, online.
And it is a glass cutting of the front of Rockefeller Center. Do you have it?

STU: They're working on it. They are working on it, Glenn.

GLENN: Okay. There it is. So it's hard to see. But see, there are two horses. And then the strong guy, naked. Standing, holding those horses back. He's standing on a chariot. And the two horses are being held back.

STU: Looks like he works out.

GLENN: There's a sunrise right in front of those horses. And you will see the youth, in front of the horses, kind of leading the horses. Okay?

STU: Yeah.

GLENN: What this means is, this is -- this is the -- the socialist movement, the Democratic Party.

This is the horses represent industry. The strong man in the chariot is the government, and it's holding back the reins of industry. It's got industry completely in its grip and control.

STU: Hmm.

GLENN: And the youth of tomorrow, lead us into the sunrise and the new chapter. This is socialism. This is what they're still offering us. Where Trump is saying, no. We don't want the strong guy in the chariot. We don't -- we don't want that.

And we just want competent people. I don't care if they're 12 or 112. If they're competent, we just want competent people. You know, setting the course for us.

And that could be -- it doesn't necessarily have to be elected. The elected guy is in the chariot. I want that guy just to be really small. And really, not even in the picture, quite honestly.

STU: Yeah. Yeah. I mean, this goes back to the speech J.D. Vance made last week, about AI. Which we haven't discussed all that much. It was really encouraging. It was like saying, hey. We're freaking America here.

You know, we're going to -- of course, we're going to dominate this industry.

Obviously. Do we want it? Yeah, stop we're going to take it.

And we're not going to lose to China. It was like -- it wasn't -- it wasn't apologizing for that. It wasn't saying, well, really, we should give this technology to everyone.

Because everyone needs it. It's like, no. No, we're just the best at it. And we will do everything we can, to make sure we're the ones in control of this. It's not only important for our economy, but also the nation's security.

GLENN: And freedom of the world, quite honestly. Did you see what James Cameron came out and said? Normally I don't care what James Cameron said. But he's the guy with Skynet and the Terminator.

STU: Okay. Yeah.

GLENN: He came out and said, you know, I wrote a fictional nightmare, he said. But this time, it's not fictional. It's not speculation. It's already happening.

That's a quote from him. He said, it's a scarier scenario than what I presented in the Terminator four years ago. If for no other reason, that it's no longer science fiction. It's happening right now. You'll be living in a world that you didn't agree to, didn't vote for.

Are forced to share with a super intelligence entity, that wants to follow the goals of a corporation. This entity will have access to your communications. Beliefs. Everything you ever said. And the whereabouts of every person in the country through personal data.

He said, its ability to predict and influence human behavior. This is surveillance capitalism. And surveillance capitalism can toggle pretty quickly into digital totalitarianism. This is the hard place. Is, I don't want the government to own it, but I also don't trust corporations to own it.

STU: I trust corporations more than I trust the government.

GLENN: Hmm.

STU: I do. That one is not a tough decision for me. I understand -- I feel like, it's a little more difficult than maybe conservatives felt at one point.

GLENN: I mean, I distrust them equally. It's not like I trust one more than the other.

STU: That's fair.

GLENN: I distrust both of them.

STU: I trust corporations more. And the reason is that there's actual competition between them.

And it's -- I don't trust any individual corporation necessarily. But like, the -- the impacts of the market, I think generally speaking, lead to us good things.

You know, but that -- it's up for debate, of course. The problem here, you sort of have to choose one path or another. I can tell you, I do not want centralized control of AI.

Do I want guardrails around it for national security purposes? Sure. But when it comes to whether -- I don't love tech companies, for example. I think there's been a lot of good things. But there's been a lot of bad things. That being said, the difference between that and the government. To me, there's a pretty bright line there.

GLENN: I have to tell you, if you look at what's happening in Europe, and Canada. I mean, did you hear that in Canada. They're now trying to pass a bill, that you can go to prison, if you say anything favorable about oil, gas, or coal? That's sensible. That's going to work out really well, isn't it?

STU: These are products that have built our civilization.

GLENN: Exactly right. You can't run -- not just built it in the past.

STU: Currently.

GLENN: We can't live without any of that stuff.

STU: No. And they're like, no, you can't even talk about it positively.

GLENN: It's crazy.

STU: It's basically crazy about everything. Let alone something that's been really positive to our world.

GLENN: Also Linda McMahon. Yesterday, she talked about in her confirmation hearing.

She said, fund educational freedom. Not government-run systems.

This is her plan. Listen to the parents. Not the politicians. Build up careers. Not college debt. Empower states, not special interests.

Invest in teachers, not Washington bureaucrats. November proved that Americans overwhelmingly support the president's vision, and I'm ready to enact it.

Education is an issue that determines our national success, and prepares American workers to win the future. The legacy of our nation's leadership and education is one that every person in this room embraces with pride. Unfortunately, many Americans today are experiencing a system in decline.

I think she's -- I think -- I mean, I don't know how you argue against these things. I really don't. We all know our schools are failing like crazy. She was asked, does that mean that you are going to cut off the funds for schools that need, you know, help because they're in low tax -- no! No. We'll still help those. But we're going to get rid of all of this crap, that you're required to do, to get any of that money.

They have to be run, the classrooms need to be run by the parents and the teachers locally. Not some bureaucrats in Washington, DC.

STU: Yeah. And she -- McMahon is a real advocate for school choice.

This is an incredible. We have a real opportunity to make a massive difference for millions of children.

GLENN: Yep.

STU: For millions of children in this four-year period, and it's really exciting. Even here in Texas, where we had an election. We talked about the House Speaker situation. Who, it did not go the way the conservatives were hoping in Texas.

But at least as of today, Burrows (phonetic), who is the guy -- not the more conservative option, is claiming that they're going to go forward with school choice in Texas.

Even, I mean, we're at the point now, even what you might call the RINO contingency is like, okay. We'll do that. This is incredible, Glenn! We've been talking about this policy for ten years.

GLENN: Longer than that. As long as we've been on the air, we've been discussing as this sort of pie-in-the-sky. Hey, maybe that will -- and vouchers! Like it was this thing, that would never occur.

And all of a sudden, it's occurring. All over the country.

GLENN: So here's what concerns me. Is Donald Trump -- I love these people who are coming out from the Democrat side. Saying, have you checked inflation?

No. There is no inflation.

This is the greatest economy ever. What are you talking about?

The Bidenflation is the work against inflation that Biden has been doing. Bidenomics, it's the greatest thing ever. I can't believe the people who told us, there was no such thing as inflation. Are now crying, you know, the inflation numbers. And I'm happy to say, that our president is saying, yes! Inflation will go up. And it will be hard. And we are working to -- to reverse that. He's at least recognizing the reality of the situation.

And it is going to go up, and get worse before it gets better.

RADIO

Is a Global Gold "Ponzi Scheme" About to Come Crashing Down?

Something weird is going on with gold, related to tariffs and a possible audit, that could drastically change the value of the dollar. Glenn reviews an X thread from user Matt Smith and warns that we must start looking for the word "rehypothecation" to appear in news stories. If that happens, it would mean, "no one owns anything." But this isn't the only possible future. There's a chance, Glenn explains, that Trump could return the US dollar to the gold standard.

Read the X thread: https://x.com/mattpheus/status/188961...

Transcript

Below is a rush transcript that may contain errors

GLENN: They're great. There is a great thread from Matt Smith, that I retweeted last night. And it's about the -- the dollar and our economy and everyone needs to read this.

What the average person is going to be talking about is my groceries are going up. And, yes, they are. That's not anything from this administration. That is from all of the lies, that the media was telling you that things were strong and it's getting better. Yada, yada.

No. It's not. Those numbers and all of that stuff were garbage!

And it's not getting better yet.

And Donald Trump is cutting, cutting, cutting.

But we also need to cut regulations.

We need to get business back on its feet.

These two things have to have happen in a coordinated passion.

Otherwise, you will get the spending.

Remember, most of our GDP. A lot of our GDP is coming from the government.

They're spending all of this money.

You're not spending money. They're spending money. That's keeping the government's GDP. So if you cut, our GDP goes down. Which means all kinds of numbers start to fluctuate from interest rates and everything else. So we want a growing GDP, which means we have to grow real wealth. We have to grow real business. Not NGOs. And the one guy that I think can do it is Donald Trump. But there's a tweet, that caught my eye yesterday. Because it starts with gold, and I've been following the comments.

There's something going on with gold, and nobody really knows what it is. Somebody here in the United States is buying a crap load of gold. We think, I hope. It's the Treasury. Or the central bank. The Fed. But somebody is taking huge physical deliveries. And it's causing shortages, in London. Where they're -- they buy and sell gold.

There are shortages now of gold. Because somebody is buying it. And shipping it here. Somebody with very deep pockets. Okay. So why? Now, this is all theory. That's fact. Here's the theory of what's going on.

They're preparing for a full-on gold audit. We talked about this yesterday. The government right now claims on its balance sheet, as an asset, all of this gold.

And it's valued at $45 an ounce. In case, you haven't heard, it's $2,900 an ounce. So they're talking now, about boosting the price of gold, at least market to market, but maybe even making it 5,000 dollars an ounce. Okay? If that happens, the balance sheet starts to fall into line, and our debt to GDP is not as bad as it really is. Right now. Okay?

Just start claiming the truth about gold, and our balance sheet starts to come into line. Start taking our minerals, start taking our oil. And claiming those as assets, and putting those on the balance sheet. Which we can do. And it's not a bad idea. Unless, you know, we lose in the end.

Because then we lose all of our assets, our natural it assets. You put those on the balance sheet. This helps strengthen the United States. Because we're coming a place where we're not going to be able to finance the debt. Who wants to write the United States a new long-term loan, at less than really market value, and market value, I mean, you know -- if you walked into a bank, and you had the credit report that the United States of America has. What do you think the bank is going to charge you in interest?

You're a risk. You're just addicted to spending. You're doing ridiculous things. I'm sorry.

Now, they might write you a check, if you have all of this stuff on your balance sheet. Okay?

And that's why they're doing it. They're trying to reshore up our balance sheet, make ourselves healthier than we are. Because we're at the end of the dollar. We're at the end of this financial system. So this is an endgame. It's why tariffs are being, you know, brought in.

It's a -- it's a -- to -- to force others to start to see the sorry situation they're in, I mean. Europe. If this deal with Ukraine goes through, which, by the way, yesterday, had a great -- a perfect phone call with Putin. And it did go really, really well.

And Donald Trump is saying, yeah. You know, we might have to have the resources, from you. We might. We want your rare earth minerals.

Because of what we've already given you.

We want that in exchange.

He's doing that as a negotiating tactic with everybody.

And he's putting on notice, the European Union.

We're not in this anymore. This is your problem. We leave. We're not rebuilding Ukraine. You have to do it.

And you're going to have to protect it. And we're not going to guarantee its protection. So if you want it protected. You do it. They're talking $3 trillion to be able to rebuild and protect.

Europe can't handle that!

But, you know what, Europe, neither can we!

So he's putting everybody in the same situation.

And this is going to cause inflation to rise. It's going to!

It will punish the average person. Because tariffs and everything else. If they're not done exactly right, it will punish with higher prices.

However, he's betting that wages will also rise. Because he's forcing people to keep their profits here.

And make jobs here.

If everything goes right, what the -- the trade on gold is showing us, is that we may be going towards a gold-backed financial system. Or gold-backed currency of some sort.

The Fed could even be shut down. There is something big in the wind, and nobody knows what it is, for sure.

So if -- what do you do as a regular person?

You need to understand that the dollar could be by design. Being collapsed.

That's exactly what the Biden administration was doing.

Collapsing the dollar. But they didn't have a plan, to replace it, other than a digital dollar. And, you know, global slavery.

I'm not sure what the plan is here. But it seems much more American-centric. Good for America. And good for the rest of the world.

And it doesn't look like it's taking freedom away from people. But we have to watch it.

The situation with the economy is really dire.

That hasn't gone away!

What we have is a -- one of the best mechanics who have hired the rest of the best mechanics. To come in, put up the hood, and say, we want to save this engine!
How do we do it?

And they're applying that. We don't know what direction. But a -- a huge sign that something big is coming, is the amount of gold that is being purchased. And the key here that you have to understand, shortages in London, gold flowing into the US at record levels. Somebody with deep pockets. This is what Matt Smith is scooping up gold.

They're reshoring gold, that might have been leased out. What does that mean?

That the United States is buying all this gold. Why?

Because they're reshoring the gold that might have been leased out. That's rehypothecation. That's just the word away from the word that I said, if you see rehypothecation.

Begin to be bantered around. Look out.

What rehypothecation is, is we've taken one asset. And we've -- we've counted it, on several different accounting books.

So we counted at the United States. But also, we've -- we've leased this gold out to Germany.

So Germany could get more money, based on their gold. But their gold is our gold.

And our gold is England's gold. So that's how dire this is. Is we're beginning to enter the world of rehypothecation. Which means, no one knows anything. Because your house, you say, well, I've got my loan through Citibank. Because Citibank has rehypothesized -- has used rehypothecation to put that on their balance sheet, as that's their house. But they sold it in a package to eight different banks. And they're all counting that house, yours. As an asset. So when they all start to go down, they all say, well, we've got all of these assets. Well, no, you don't.

Which one of you has the 100 percent.

You're all claiming 100 percent of Bob Smith's house. Which one actually has it? Well, they all do. This is such a Ponzi scheme. Where -- you know what this is?

This is the story of The Producers. You ever see the movie, or the stage show Mel Brooks, the Producers. Why did they get into trouble? Because they were selling over 100 percent of the play. They kept selling the play. You get 100 percent. You get 100 percent. You get 100 percent. All thinking, that it's not -- that that particular show, wouldn't make any money.

It won't be a success. It's the worst play ever. So it will close. And nobody will audit and say, wait a minute. You sold 100 percent. Nobody will ask. They just want to get away from it.

They lost their money. It closed.

But if it's a success, they now have to pay 100 percent of the proceeds to 14 different people!

It's a scam. That's what's happened here. They have sold 100 percent of your house, or in this case, the gold!

To several different people. When everybody says, I'm in trouble. I want my money back. I need my gold. Trouble.

Trouble.

STU: I mean, it just seems like the type of thing that's almost impossible to unwind. Right?

If it's that deep, how do you unwind it, or do you just protect yourself and your family?

GLENN: For you. You -- you make sure that if your house is paid for. If you have anything paid for, you have the title.

You know where the title is, you have the title.

Okay? So you're not in as bad of shape.

If you own things. You own your car. Good.

The title.

You own your house, good. Have the title.

It's really good, if you're buying a house, to make sure that that loan is staying local.

That they're not reselling that loan. That it's staying with one bank. And it's not -- it's not being sold, what were those cold? Credit default swaps.

STU: I remember those things. Yeah.

GLENN: That it's not being sold like that. Because that's what causes the problem.

And -- and so you just need assets.

You need real assets. If you can buy gold, you should buy gold.

It especially, if they're going to start counting that on the balance sheet. If they change the price of gold, to -- from $45, to $4,500, that means they're going to have to do that worldwide. So gold all of a sudden becomes $4,500 an ounce. Okay. As your that are goes down, your gold will go through the roof.

STU: This is much better when Margot Robbie is telling me about it, in a bathtub. That is -- the delivery --

GLENN: I can run the water.

STU: No. Please don't. Oh, my gosh. Sara just threw up on the board. Stations, we may have some technical difficulties.

RADIO

Cabinet Wins, DOGE Audits, Tariffs: Trump's Third Week Has Been WILD!

It's only been 3 weeks of Donald Trump's second presidency and A LOT has changed! Glenn reviews some of the biggest wins that we've seen in the past few days: RFK Jr. and Tulsi Gabbard were confirmed as members of Trump's cabinet, Kash Patel is one step closer to being FBI Director, Trump has called for “fair and reciprocal” tariffs on US trade partners, DOGE is preparing to audit the IRS, and the list goes on!

Transcript

Below is a rush transcript that may contain errors

GLENN: Let's see what the president has been up to in the last 24 hours.

Does this guy sleep? What's Melania doing for Valentine's Day today?

STU: One thing. When he's the president of the United States, is he thinking about that type of thing?

GLENN: No. He has people think about it. People who have people.

STU: Uh-huh.

GLENN: Yeah, people who have people. Usually, maybe like, maybe his son. Like, Dad. Maybe you should carve out a couple of hours tonight.

Oh, crap. I didn't even. You're president. I think I can make a few calls.

STU: I feel like, it's interesting that we just have a president that is awake, like every day. He seems to wake up. We see him places. Have you noticed this? I don't know if you've noticed this at all. But current president of the United States, we see him out doing things. Isn't that weird?

I feel like it's weird.

I don't know about this system we have, where the president is awake every day. It's changing our traditions, Glenn. I'm concerned about it.

GLENN: It is. It is. Well, Barack knows. We have to change our --

STU: That's true. Trump has kind of dropped the hammer on the rest of the world with tariffs. And I kind of like this tariff. Whatever they charge us, we're going to charge them.

STU: Reciprocal tariffs.

GLENN: Reciprocal tariffs. That's fair. We're not going to charge you -- I mean, maybe China would.

But we will not charge you more than you charge us. You charge us something. We'll charge you.

I think that's good!

STU: Yeah, it's interesting. It certainly seems fair. Right? Like, don't fire up.

Because the rest of the world loves tariffs. They love tariffs more than we love tariffs, even though we --

GLENN: I don't love tariffs.

STU: I don't love them at all.

Trump does love them. We've talked to him even in private conversations. By the way, in case you're wondering, is he just saying this just for the cameras? No. He really loves them. He loves tariffs. I don't agree with him on that policy. Though, he's used it to great effect recently.

That being said, I mean, if someone started charging you 100 percent tariff on a particular item, picking that same item and putting a tariff, 175 percent, certainly is fair. Now, of course, the reason we import things typically is because we don't have them here.

GLENN: Right! But not necessarily, like cars. Cars. Europe charges us a 10 percent tariff to send a Ford over.

And they charge -- we charge them 2 percent to send a Mercedes. I mean, what's fair about that?

STU: Now, again, one of the things that's fair about that. Is it's not paying an extra 8 percent on a car. We get a benefit of that, as a consumer.

That if we want to buy a European car, we will pay a little bit less and now we'll pay a little bit more. So there is a penalty to that.

However, it is certainly fair. The word "fair," I think applies when it comes to nation-to-nation relation.

And one of the things we've liked about having these lower tariffs on our side is getting lower prices for our consumers.

GLENN: Correct.

STU: And so they're -- and as Trump has discussed, he's been very up front with us. There will be pain with these policies. But long-term, we think it's worth it.

And that's really where the rubber meets the road.

GLENN: Okay. So now, everybody is very, very upset about Donald Trump signing off on DOGE and the audit of the IRS.

Now, I do have to question your sanity when you're against the audit of the IRS.

STU: You seem to be for audits. You can't audit them?

GLENN: Yeah. Who do you have to be, to be against an audit of the IRS, and bring every single receipt you have! I want to see every receipt. Oh, I want to help them.

STU: By the way, Glenn, I work with you.

GLENN: Uh-huh.

STU: My job is -- and for multiple decades now, has to be -- become closely associated with Glenn Beck.

GLENN: Yeah, it's good.

STU: Oh, the perks. The benefits. Oh, gosh, I can't even count them!

GLENN: Yeah. Hmm.

STU: Yet, somehow, I made it through the entire Barack Obama administration. And the entire Joe Biden administration.

GLENN: Yeah!

STU: Without getting audited.

GLENN: Yeah. Not me.

STU: No. I know. I remember. And yet what about happens two weeks ago? I get a letter with the IRS, with Trump in office. That I'm getting audited.

And I don't know if this is just a parting gift from the Biden administration. How is that happening?

GLENN: That's what I'm saying. Thank God somebody noticed your shadiness. Somebody finally noticed. He's very shady. He's very shady.

You know, the good thing is, both of us stay -- to our accountants, we always say the same thing. Anybody who is preparing our taxes. Stay way away from the line.

STU: Yes. 100 percent.

GLENN: When in doubt, leave it out.

STU: Still, it's incredibly frustrating. We were talking to Alan Dershowitz, I have every single book -- everything -- yeah. Sure. Somewhere, I have every receipt from 2022. I'm sure.

But, I mean, the -- this is this relationship that we have with the government, that is this adversarial torture fest, that we pay for every year. Oh, gosh. I can't wait to pay by taxes.

Maybe I'll get a refund. Maybe they'll give me some of the money that is mine, back to me, multiple months later.

GLENN: I believe that's actually what happened to me.

I believe they owed me money.

STU: After the audit. Yeah.

GLENN: I stayed away from the line.

STU: That's what you have to be.

GLENN: You know, jail time does not sound good to me. In any way, shape or form.

STU: The wrong IRS agent, that doesn't like your show, happens to be doing it, well, guess what happens? They push it beyond the limits of normalcy. So the good senator and common sense-filled senator from Oregon, Ron Wyden said, this means Musk's henchmen are in a position to dig through a trove of data about every taxpayer in America.

Wait. What? You mean like the IRS does?
(laughter)

STU: What core of government function are you guys talking about?

GLENN: No, what's up with that? And it could be the very reason behind possible delays, in people receiving their tax refunds for 2024.

What a scare tactic.

STU: Hmm.

GLENN: These guys are so freaked out about Donald Trump. I mean, you know, the one thing that happened yesterday, that everybody should recognize. Mitch McConnell was alone. He was alone.

STU: That's huge.

GLENN: That's gigantic.

STU: On two votes. Tulsi and RFK!

GLENN: I know. I know.

STU: And before this, if McConnell said, hey, this is where I'm going, he would always have a bunch of buddies that would come with him. His closest friends. It would always do that.

GLENN: It's weird, you cut off the money, and things change.

STU: Yeah, he no longer has the leadership. He no longer has control of that cash. All of a sudden, he's a lonesome dove.

GLENN: Yeah!

So let me just ask -- I want to ask, are you tired of winning? Let me just give you the winning streak so far number Congress. Marco Rubio, voted to be confirmed, 99 to zero. Secretary of the Treasury Scott Bessent, confirmed, 68 to 29.

Secretary of the Interior Doug Burgum, seventy-nine to 18. Brook Rollins, Secretary of Agriculture, 72 to 28.

Secretary of Transportation Sean Duffy, seventy-seven to 22. Pam Bondi, 54 to 46. Secretary of Housing and Urban Development Scott Turner, 55 to 44.

Secretary of Energy Chris Wright, 59 to 38. Doug Collins Veterans Affairs, seventy-seven to 23. Kristi Noem.

Secretary of Homeland Security, 59 to 34. Lee Zeldin became the EPA administrator 56 by 42.

I have to tell you, Lee Zeldin, there's some stuff he did yesterday, that you're like, holy cow.

STU: Yeah, I have high hopes for the him. He's off to a very good start.

GLENN: Yeah, Russ Vought, who I just absolutely love. Director Office Management and Budget. He's done a lot of incredible things this week. 53 to 47.

John Ratcliff, confirmed as CIA director, 74 to 25. Tulsi Gabbard and RFK were confirmed yesterday. You have Kash Patel who got out of the committee and is going to be voted on early next week. And, of course, you have Pete Hegseth. I mean, and Mitch McConnell, standing there alone, all day yesterday.

This is good. Now, the president did a couple of other things yesterday, that are ground-breaking. But we need to make sure Congress passes all of these things as laws.

And they're not just executive order.

And that's going to require us to keep the heat on Congress. And they're working on the budget.

Congress just put together their budget for next year.

The Senate is squealing like stuck little pigs.

But we need to get them to pass in one bill. And you're going to get some crap in that one bill, I'm sure. But you have -- you really have a hard time, going to get two bills through on reconciliation.

So we need it in one bill.