While munching on an ice cream cone over the weekend, President Biden was asked if he’s concerned about the strength of the U.S. dollar as inflation continues to rise. No he’s not, Joe told a reporter. Rather, he’s concerned about the rest of the world. Internally, he added, the U.S. economy is ‘strong as hell.’ In this clip, Glenn explains why that’s NOT the case. In fact, Glenn says, Biden’s policies are to blame for why nations around the world are facing terrible economic situations too…
Below is a rush transcript that may contain errors
GLENN: So I don't know if you saw this, but it was great, president going out and getting a little ice cream. Getting a little cone. Who aunt a cone? The president does. What flavor did he have? I'm interested in that. They cover it every time he eats ice cream. What flavor did he have?
GLENN: I didn't see it. Oh.
GLENN: I didn't see it. A reporter, believe it or not, in Portland, Oregon, while he was at a BaskinRobbins asked This guy eats more ice cream than any other human and that's the only thing I like about him. He likes ice cream. That the only thing I have in common with Joe Biden.
GLENN: Yeah. So anyway,y was asked, are you concerned at all of the strength of the dollar in the midst of rising inflation? Here he is, his answer: Our economy is strong as hell. Inflation is worldwide. It's worse for everyone else than it is in the United States. The problem is the lack of economic growth and sound policy in other countries, not so much ours. That's world wide inflation.
GLENN: So he's not concerned about any of this. He's concerned about the rest of the world. Our economy is strong as hell. Let them eat cake, or ice cream. 32 flavors, what's wrong people? Come on and in get some ice cream. Okay, all right. Then he says inflation is worldwide, and that's impacting everyone. Yes, it is worldwide. The question is, why? Probably because, why? Why? Everybody is in massive debt. When I say everybody, I'm not talking about you, even you might be in massive debt, I'm talking about the sovereigns are in massive debt. Massive debt. Like, the kind of debt no way out, no way out. That kind of dent. Yeah, everyone else is doing terribly because they all imitated the Biden policies and Biden approach to the past couple of years.
GLENN: Light. And not only the Biden policies, but they mirrored the Obama policies of let's bail everybody out. How did we win in previous examples of this? We went the other way.
GLENN: Yes. When everyone was trying socialism and communism we said no capitalism.
GLENN: Yes. We've won over and over again because we did the opposite of what all these terrible governments wanted ado across the globe. This time we did the same thing.
GLENN: Yeah. How's it working out?
GLENN: It's working out really well or not. He's eating ice cream, he does haven't team to talk about the dollar and the relation to the dollar with inflation because that would just get messy. He's got a napkin for ice cream, not for question like that. So here's the Biden economist talking about what their plan is to make share that we're as strong as hell. Cut to I'm just just curious, and a lot of Americans are curious, when the so called inflation reduction act will really start to bring down inflation.
GLENN: Curious. So the main parts of the bill will start to take effect next year. For example, there are tax credits for energy to help people weatherize their homes, and also bring down other forms of energy costs. So we are focused on helping to make that transition to clean energy in a way that brings down energy costs for families.
GLENN: Thank goodness. So next year, if you want to spend main weatherizing your house, you'll get a tax break. Now, if you don't have money to spend the money, well then you can't earn the money. But we all know it takes money to make money; right? So, come on, people. Work with me here. You got some weather stripping coming. But also let's not forget the coffee makers. Cut 9. Same way what's in the Inflation Reduction Act has to do with your ability to be able to get tack lead ts for buying, if you need a new coffee machine, new washer refrigerator, you buy an efficient refrigerator, an efficient coffee machine, you get a tax credit for it, it costs you less money. It's estimated the average family will save 500dollars a year as well on that. There are also tax credits for weatherizing your home, putting new windows
GLENN: Oh and buy new windows. Stop, stop, I can't even imagine the savings we're going to have. If we bought a new washer and dryer, a coffee machine, and a refrigerator, and they were the right kinds, the average family could save 531. Oh, my gosh. Why are we all not out right now buying refrigerators, washers, and dryers, and then listen to this. If you buy new front door that doesn't let the cold air in, you're going to save even more. And if you weatherize, all you have to do, you go to Home Depot, they've got refrigerators, they've got washer and driers. These guys were open during Covid too. That's another story. They have coffee machines they also have refrigerators and I'm sure the kind that you can get a tax brake for. You could also buy the weather stripping, and a new front door. Think how rich you're Ice cream for everybody. It really is. It's ice cream cones for everybody. We certainly are on the precipes of caulking ourselves into prosperity.
GLENN: I tell you. People don't understand it's right around the corner. When you're spending money on a washing machine or on a dryer, on weatherizing your home, people do realize that you're spending money; right? If you have too little money now and you go outside to buy all these things in this weird world we're going to save, you saved 500dollars on it. Instead of spending 5,000, you're spending $4,500. So that's not likes that's not the way you save money.
GLENN: This is when I was young I would talk to my wife. I would say it's on sale. She would say it's still money we don't have. And I would say but we're saving money. And that's why I don't have a Ferrari. So you never safe money. I don't care how much the Ferrari is on for sale, you still have to buy the Ferrari. Oh, my goodness. Okay, now you do have some good news. We're not talking just weather stripping., okay? I am so glad to hear this. President Joe Biden has signed congress consolidated appropriations Act 2022, he signed it into law, and that is provided funding for a fiveyear research plan to be coordinated by the White House office of science and technology Policy. I believe this is the same guy that was just sanctioned, or the same woman than was just sanction by the national Academy of Science for lying, but don't worry about it. They are going to look into ways we can dim the sun for global warming. They've got a few ideas that I think, I think it's worth the millions and millions of dollars because I don't think, some people would say you want to what? That could turn out horrible. Excuse me, you want to what? But I would say we are capable of knowing all of the ramifications of this. In other words, what we with can do; we can put stratospheric aerosol injection in about 12 to 16 miles above the earth and they say that will accomplish what volcanic eruptions have otherwise achieved in blacking the sunlight. And that will temporarily cool the earth. Don't worry about vegetation, don't worry about anything else; okay? This is, we're pretty, in five years from now we're going to be pretty sure. Now, they don't absorb sunlight. So it's leak a giant mirror, it just bounces. You're rubber. I am glue. Okay? Whatever you say bounces off of me and sticks something like that. Anyway, the yearly cost of the program to cool the earth by one degree would be 10 billiondollars. And that's been corroborated by the Gates Foundation. So, we have that.
STU: Has it been corroborated by the Montgomery Burnes foundation?
GLENN: I think so. They say there might be a few problems with this. It might do some really bad damage that unforeseen to global or region, regional climate and that could affect the sea water temperature or the participation, or the precipitation mat patterns, or it could make the ocean get very, very acidic. But it would, they say it would come down for 10 billiondollars. So we've got that. The. The other things we're thinking about doing is just cloud seeding, adding particles to the lower at Mississippi fear to increase the reflectivity of the lowhanging clouds over bodies of water and that brings some of that temperature right out. Or there's another idea just kind of to get rid of the clouds because then the heat won't be trapped.
STU: This is the opposite of their old plan of doing this, which was to spread soot all over the north, the northern, the north pole.
GLENN: That was when or worried about global cooling.
GLENN: This is global warming, Stu. This is entirely different.
STU: Thankfully they didn't go through that very plan. And this is the geo engineering movement talking about these ideas. I think it is important to point out that the geo all the things you just discussed are, they're not good ideas to me. I don't think we should do them. I want to be clear about that.
GLENN: Are you a scientist?
GLENN: I say we follow the scientists. I don't think we need to Listen to someone like you.
STU: That's fair.
GLENN: Or the American people they're not scientists.
STU: Some of them are.
STU: This to me is quite clear.
STU: All of the ideas you just discussed are far more sane than what they're actually proposing.
GLENN: You know what? I completely agree with you. And that should tell you something.
STU: It should. Asking all of us to reverse civilization and technological progress and make everybody, all the poor people in the world, their energy more expensive, is a far worse idea than doing some research on potential geo engineering projects that might happen multiple
GLENN: I'm tired of hearing you just, just whine over and over again. Are you better off than you were two years ago?
STU: No. Definitely.
GLENN: Lots of people are. Vladimir Putin, the Taliban, George Soros, much better off. I don't want to hear about you. Have an ice cream cone.
STU: The Biden family.
GLENN: The Biden family.
GLENN: Is so much better.
STU: He's an artist now.