RADIO

SHOCK: FBI agent LEAVES over agency’s handling of Jan. 6

Former FBI agent Steve Friend joined the agency in 2014, and after moving to Daytona Beach in 2021 to investigate crimes related to children, he was suddenly reassigned to the Joint Terrorism Taskforce. Friend joins Glenn to describe the series of events that eventually led him to not only leave the FBI, but to speak out against potential abuses within the department as well. The crux of his story begins with cases concerning the January 6th, 2021 riot, and one arrest warrant that he refused to take part in...

Transcript

Below is a rush transcript that may contain errors

GLENN: Steve Friend grew up in Savannah, Georgia.

He followed his father's footsteps, and attended the University of Notre Dame, where he graduated with a bachelor's in accounting. He worked in accounting for two years, before deciding he wanted to be in law enforcement.

He was a sworn police officer in Savannah and Kohler, Georgia, for four years. And then he joined the FBI in 2014.

He spent his first seven years in the FBI, investigating violent crime and major offenses, occurring on Indian reservations in northeast Nebraska. This included the Omaha nation. Winnebago tribe of Nebraska. And the Santee Sioux tribe. He was also a member of the FBI Omaha S.W.A.T. team for five years. He transferred to Daytona Beach in 2021. And began investigating child exploitation, human trafficking, and child sexual abuse.

He was reassigned to the joint terrorism task in October 21.

This is where his story really begins. Welcome to the program, Steve. Steve Friend.

STEVE: That a very much, Glenn. It's an honor.

GLENN: So, Steve, tell me what happened when you were reassigned to the joint terrorism task.

STEVE: Well, when they brought me over, they had to put me on the cases that they had already in existence.

And what I soon learned, was that the vast majority of those cases were tied to the January 6 incident of the Capitol.

And just in my habit, as an investigator coming from violent crime. And an environment where there's lots of cases coming rapidly. I just sort of looked through the cases, and wanted to take action on them.

What I came to learn though, they had done everything they expected to do. And were waiting to hear back from Washington. As to further action. Or what the status of the case was going to be.

Which to me, was a major departure for the FBI rules, for investigative work.

GLENN: So wait a minute. The work had already been done by Washington.

Why were you assigned it then?

STEVE: That was my question. Just being very familiar with the case. Management practices with the FBI. I know it happened in over 200 cases in my career.

When you look at a case, it's assigned to you, it's assigned to your office.

So when we had these January 6 cases, it seemed that those cases should be open from Washington, DC.

But if the decision was made to send them out to the field, then it occasionally it will sit with the office that it was with. In my case, it was Daytona, which is in the Jackson-Mobile office. And we ran that case the way we wanted to for further operative steps. However, it was clear a lot of the prework had been done in those cases from Washington, and they were giving directives to our offices, even though, we were on paper, the assigned case agents with our office of origin. Washington was really running the show, which was not a kosher move on our part from the FBI.

GLENN: Why would they do that?

I asked, I was told, that that had been raised early on. The response from headquarters, it was to get, quote, unquote, buy-in from the fields.

There's a couple of things that I can surmise from that. One is the FBI headquarters just have a really negative opinion of the investigators. They thought, if their name is not on it, they're not going to do a good job. Which to me just kind of rang hollow of your personnel.

So then I just did a little bit of critical thinking on it. And, you know, first of all, the January 6 incident, logically, is one incident. It should be one case. But instead, the FBI is elected to open a separate case for every single subject.

So right then and there, you have one case, that's been made into 800, 900, a thousand cases. So now you've upped the total bottom line number of domestic terrorism investigations, and then by spreading those cases to the field, you intentionally are carrying a narrative, that was pushed out in 2021, 2022 about this violent domestic terrorism around the country. When in reality, all those cases, are stemming from one incident.

On January 6, 2021, in 1 location.

GLENN: Okay. So you were suspended. Because you wouldn't do it. You were suspended without pay. Your gun, your badge. Everything was taken from you. And it's because you wouldn't -- what they say, is refusing a lawful arrest warrant, which demonstrated poor judgment. And emporium accessing the FBI's employee handbook, and refusing to attend the SAB. Tell me about this.

GLENN: Yeah.

So I -- my first opportunity, really to take -- to engage in an arrest of a January 6 subject, that I had already decided. That should that come to pass, I was going to make that disclosure, to my supervisor.

So in the lead up to that, I -- I -- the week before, smoke to my immediate supervisor. Raised my concerns about improper case management practices.

And then also, just my concerns about how we were going to be arresting these subjects.

Because in my experience, and having arrested 150-plus violent criminals, never had to use a tactical team, a S.W.A.T. team to -- to bring them into custody, because I had talked to those individuals.

And we had done similar things with these January 6 subjects. So to me, seemed like honest unnecessary use of force.

Payment. I have S.W.A.T. experience to back that up. So I brought all this concern to them. They -- they passed it up the chain of command. My supervisor to the second level.

And, again, had more sitdown meetings with those -- with those guys. Voiced those concerns.

Even brought up FBI training, about abuse of power. That all agents have to go through, in the academy, where you go to the Holocaust Memorial and the MLK memorial. And you discuss, you know how those civil rights abuses, and atrocities can occur.
So raised all those concerns.

And they said, it was very clear to me, they were trying to divorce the two issues of me raising my concern, and then this said, it's separate from me, to refuse to participate.

And I contradicted that. I said my job is to defend the Constitution. I took an oath to uphold and defend it.

I think that we are violating due process. We're potentially violating some cruel and unusual punishment, just how we're bringing these guys into custody.

Even interviewing people who we never intend to prosecute is an abuse. So I have to default to my oath of office, that I think I am doing my job. They didn't agree with me. They said, that I had questionable judgment.

And was not executing a lawful warrant. That was one of the issues. When I got concerned about my future with the FBI, they multiple times told me, where do you see us, with us in the future?

In fact, my special agent in the future. Told me, I had to do some soul-searching. If I wanted to be an FBI agent. So I got an attorney. And he asked me to get him the employee handbook. And disciplinary procedures, because he just wanted to be equipped for me.

GLENN: Right. So that was the improperly accessing the employee handbook, giving it to your attorney?

STEVE: Yes. My employee's request. When I was eventually suspended. They said, what did you take? And I said, oh, that was the employee handbook. And they said, we need that back.

I said, I thought you guys could get the handbook.

GLENN: Right. Okay. Hang on just a second. When we come back, he's going to talk about the tools called Guardians.

And his concern how those tools are being used right now. To investigate US citizens.

Tools called Guardians. Oh, that sounds safe. More with Steve friend, next.
(music)

GLENN: You like saving money. The reason I ask is, you know if you hate saving money. Well, then, you're probably a Democrat.

Then you might not be a fan of upside.

If, on the other hand, you're the type of person who doesn't enjoy having to empty out your wallet. And sell a kid any, every time you buy your groceries, or to get gas. You're going to love Upside.

Upside is an amazing app, that will actually save you money on gas and groceries, and dining out. All you have to do is download it. And use the promo code Beck. You'll automatically get 25 cents or more back for every gallon on your first tank of gas. And from there, you just find appear offer for whatever you're buying on Upside. Check in on at the business. And when you pay, you will get paid. It's easy. You'll feel the results, right away in your wallet.

Download the free Upside app at upside.com/Beck. Upside.com/Beck. Get 25 cents more back for every gallon on your tank of gas. It's upside.com/Beck. Do it now. And save.
(music)

STU: Don't miss the special on BlazeTV.com/Glenn. The promo code is stand up. You'll get 30 bucks off.
(OUT AT 9:28AM)

GLENN: We're talking to a very brave FBI agent. I wish there were more of them. Where are you, local FBI agents?

Steve Friend is his name. He's an FBI whistle-blower. He objected to being part of the January 6th raids. For several reasons.

First of all, before I get to some other things. Can you tell me, you said earlier, that you thought it was cruel and inhumane treatment. I think you said. The way some of these prisoners are being handled. Can you tell me about anything, you know, about that?

STEVE: I can only speak what I've read about how folks are being held in jail, actually been taken into custody. My general concern was that the process being punishment for people who actually were never -- we never intended or were not able to charge. So just sitting down in front of them, stresses them out. Like to hire an attorney. The one individual that had participated in, with an interview.

He had lost his job. And was retaining an attorney.

And it was for walked in the Capitol. After the information at the police.

So what was the point of us going through that process?

GLENN: Right. You know it's amazing to me. You said, at one point, you -- you said that the process is the punishment.

And when you think of that, that is terrifying. Because that means, that even if they can't charge you, or you're not really guilty of anything, they're going to make this so horrible on you, that you just stay away from everything. You teach. You teach people a lesson. Stay away. Don't even get close to any of this.

STEVE: That's exactly right.

Even what happened to Michael flint, essentially how he became bankrupt, in order not to defend. Ultimately pled guilty to avoid his son being roped into it. That is the process, being the punishment.

GLENN: And the FBI designated the grassy area, outside the US Capitol as a restricted cell, after January 6th. And did they apply retroactively, to be able to look and say, well, you were in that restricted zone, on January 6th?

STEVE: That's my understanding, that they wanted to really send a message, gather more people up. And so they decided that the lawn on the Capitol, outside those four laws, will be deemed restricted. Because at some point, there would be some barricades. But just anecdotally, I heard individuals who were there on the 5th. They said, they felt their case about on the 6th, the morning of. They saw people were moving them.

So there's a little bit of action being involved with that.

GLENN: Tell me about guardians. The tools that they used to investigate. Called guardians.

STEVE: So guardian is a software system. I actually think of it as the 911 system in the FBI. You call 911, just cat in a tree, through the neighborhood. You can do that to the FBI. National center, those folks there, deal with probably 3,000 calls a day, or electronic communications. They kind of pull through it and disseminate them to appeal for proper investigative action.

So when it came to January 6th, there was a huge uptick in the amount of guardians that came into the FBI, and it was from all over the country. It could from a disgruntled neighbor, who didn't like his buddy, across the street, having a MAGA flag. It could be family member ratting out a family member. My uncle was where. He told me he was there.

So people that were trying to be helpful to the FBI, in pursuing this investigation. A lot of them just went to the FBI website, looked at pictures. And was saying, you know this unknown subject, looks like somebody went to high school with.

And those chips would come in. They would be pushed out to wherever the appropriate geographic location. So for me, I got one that was really the first interaction I had. They -- an anonymous tip from Rhode Island. That said, this individual was involved with the police officers, of the January 6 riot. They had done a lookup on this guy.

His phone that -- the GPS did not ping at the capital. The facial recognition, with his social media accounts, did not come with a positive match. But I was still the last to go. In an attempt to do an interview.

So it's not illegal for me to knock on anybody's door, and say, hey. I'm FBI. Do you want to talk to me?

It was just a concern.

Because even if he admitted to being at the Capitol.

There was no complaint. It would be very difficult to charge the case.

So still -- at that point, said, all right. I'll go knock on his door. Went to the place, about an hour, hour and a half. Knocked on the door.

Met a gentleman there, that I am with the FBI. We're looking at January 6th. Were you at the Capitol that day? And he looked at me and he said, no. That was the day of my son's funeral.

So I just made him relive that for experience, and give my business card. And was on my merry way. So that was my first Guardian that I had, on January 6th.

GLENN: Are you seeing an escalation of political targeting, at the FBI?

How concerned about all the things, that we're seeing with the face act now, the FBI coming in, in the middle of the night, and arresting 78-year-old people.

The idea that if you disagree, at the school board. You're somehow or another, a terrorist.

STEVE: Yeah. Definitely, there's a political element. I think there's two dueling things. There's politics, and there's ambition.

Sometimes, there's one, sometimes it's the other. And sometimes, there are some true leaders, definitely a special agent in charge.

(inaudible) of the political left, made no secret about that.

She sent out emails about the Dobbs decision, being -- the -- the Supreme Court taking away women's rights.

And the sort of gay pride flag, displayed up in her office in Jacksonville. Then you have my assistant special agent in charge, who I believe, is probably more ambitious.

Saw this as being a huge case of the FBI. Bigger than 9/11. And if you get your name on something with January 6th, and you can claim, you had supervising responsibilities of some way. The largest and most important case of the agency, that's going to be a pretty good ticket for you to promote with the media and the organization.

And I think just recently, with this face act. I've had a little experience with that. Being on human trafficking investigations. I reached out to some of the crisis centers, after the Jackson Dobbs case. Just because I was worried they would have some threats come in.

And I also figured, they might also see some human trafficking victims that could be a good resource for me.

Did that. Got a little helmet sticker from the bosses. But then was also told, I really need to prioritize looking into abortion clinics, because they were really going to be the ones that would be at risk.

GLENN: Really?

STEVE: And I responded, I think the only time the team that wins does that, is like when the Lakers win the title, they burn the city. But otherwise, I don't think that the -- the pro-life side is going to burn down places that are going to be shut down.

GLENN: Right. Right.

STEVE: That's just my critical thinking.

GLENN: And last question, and I know I asked you this before.

But why are we seeing more FBI agents coming out?

We always thought that these guys were the best of the best. Conservatives have always given them a pass. Which I don't think we should have. But now they're showing themselves, to be I think less than honorable. If they're seeing things themselves, and are not standing up against it.

STEVE: I'm hardened by this, myself.

You know I told you, the other night. You know I really thought that I was going to have the Captain America end game moment, where I saw the battle. And even in my most dire situation, I would get that on your lap moment. And there would be my brother and sister in arms, standing there. And they just aren't.

I'm done talking about the good men and women at the FBI. I know that's the politically correct thing that all our leaders like to say to make sure the donations keep coming in. But I'm no longer doing that.

I think that, it's a really sweet gig to be an FBI agent. I lived it for eight years. Great job.

They're the most interesting person, maybe with the exception of radio show hosts. Everybody wants to answer questions, the big case.

And you can really get by on your career, being grossly overpaid and underworked, and focuses kind of -- play that same narrative. Where they say, I'm just trying to pay the bills and put food on the table. I'll keep my head down, and look at a few years to retirement.

But, you know, I swore an oath. And, you know, like I voiced to my bosses. I guess you guys found the one, that actually took their oath seriously. And I believed in it.

I -- that's why I wanted to do the job.

So this was a job. So I did the job. And it never occurred to me, that that was not -- that that was an option to not do that.

Unfortunately, I guess the other 14,000 agents, who -- who wore the gun and badge, don't share my sentiments.

GLENN: Well, we have all kinds of oversight if the Republicans gain the House.

It looks like they're going to at this point. And I know you're in touch with people on Capitol Hill.

And I hope we see more of you.

And I hope all of this comes to light. And we do clean up, this organization.

Or shut it down. If it won't be cleaned up. Then shut it down.

Steve, thank you so much.

STEVE: You bet, Glenn.

GLENN: Steve Friend. Former FBI agent. He has had quite a transformation. You'll see him, as he talks about some of the cases he has in front of you tomorrow.

It is a really, very important show. Because we don't know our Constitution.

You know, Mike Lee's son came with his wife. And Mike.

And we went out to dinner afterwards. And his son is actually -- I think he's clerking for the Supreme Court now.

And he said, you know when I -- I heard my dad was coming to this, I wanted to believe. He said, but so many places are just going to get you all riled up.

And then leave it there. And he said, I was so glad to see, the panel, and what you guys were doing. Because what we tried to do, is show you, what can happen to you.

And it is on the increase. We've never had to think about being an enemy of the state.

We never have been.

We believe in the Constitution.

How can we possibly be the enemy of the -- of the government. And the -- and the Constitution.

When we are calling for the use of the Constitution.

And you never have thought of yourself as a rebel. But now you are. Just for standing up.

You'll hear the story of a guy who lost his children, because he would not go along with call his son, who does not want to be called a girl. A girl.

It can happen to you. And we're going to give you the do's and don'ts. And what you need to do to prepare for these things.

It's an introductory, really, on the Constitution. And how you should behave.

And there is one shocking thing, that I think conservatives have never even thought of before.

That is overwhelming advice, from the experts. That's tomorrow night. Only on Blaze TV.

Go to BlazeTV.com/Glenn.

Use the promo code Stand Up.

And save. Our biggest savings ever.

$30 on your one year of subscription. So it's 70 bucks now for a year.

Believe me, you will get more than 70 dollars' worth of value, out of that. With all of the shows, that we have.

And the specials that we have, coming up.

It's so important now, more than ever, that we stay in touch with each other. And have a direct line of communication.

Being a Blaze family member is one way to do that. BlazeTV.com/Glenn. Use the promo code Stand Up.

"It Is By Design": What the Elites' "Class War" Did to YOUR Wealth
TV

"It Is By Design": What the Elites' "Class War" Did to YOUR Wealth

The household wealth of average Americans is disappearing while the government and top 1% elites are sucking it up like a giant vacuum. It’s the theft of a nation - an all-out class war - and the middle class is now on life support. Meanwhile, much of America is focused on culture wars that are meant to divide us and keep us distracted. So, Glenn exposes the even bigger threat that Americans are facing "by design": "You will own nothing, and you will like it." Plus, Glenn explains how it's all connected to China's increased purchasing of farmland and businesses in America and the Biden administration's attempt to sell parts of our National Parks.

See the FULL GlennTV episode here

Who Doomed the Petrodollar: America or Saudi Arabia?
RADIO

Who Doomed the Petrodollar: America or Saudi Arabia?

There has been a lot of confusion lately about Saudi Arabia allegedly ending a 50-year-deal with the United States. The "deal" tied oil sales to the US dollar. But many have claimed that the deal never actually existed. So, what's really going on here and should Americans be worried? Financial expert Carol Roth joins Glenn to break it all down, including why she believes the United States and our Federal Reserve are really to blame for the petrodollar's destruction. Plus, Carol explains why the Biden administration can insist the economy has never been better, although our wallets can tell the opposite is true.

Transcript

Below is a rush transcript that may contain errors

GLENN: Before we get to Carol, I want to give you some highlights from this Blaze media. And TheBlaze.com story.

Biden's phony numbers mask true economic pain. The official government numbers in the US economy have been contradictory and confusing for quite a while now.

What is clear upon closer examination, is that the federal government's overspending and overregulation are doing serious damage to the economy.

And we have yet to see the worst results of those policies.

The unemployment increase, seems to contradict recent signs that the economy has been weakening. In addition to the conflicting rise in unemployment. Other signs of deterioration. Include stagnant retail sales.

A slowing of consumer spending. Weak industrial product. Manufacturing orders. Increasing consumer debt.

Depressed by new housing starts. Falling annual earnings of full-time employees. And rising commodity prices. The Federal Reserve chairman, Jerome Powell, knitted, he believes the White House has been cooking the books.

This is the fed chair. Stating last week, you have payroll jobs, still coming in strong.

Even though, there's an argument, they may be a bit overstated. The only job growth, in the US, is for illegal aliens. Listen to that.

The only job growth in the US, are for those illegal aliens, who will work for below minimum wage. Which also explains why inflation hasn't spiked in the past year, as millions of illegal aliens were hired.

Legally resident American workers saw no job increase in the past year. And unlawful residents, willing to accept wages Americans can't are dragging everything down in the wage category.

With employment continues for American workers stagnant at best, the job market is another indicator that the economic growth is slowing, and the Federal Reserve should lower interest rates to reduce its suppression of economic activity.

However, they decided not to. Because it will -- it will spike inflation again.

The markets have already priced three expected interest rate reductions for the year.

However, suggesting a correction is in order.

Even so, the stock market stayed steady after the fed's interest rate announcement with the Dow falling slightly.

And the S&P 500 and NASDAQ, rising to new record highs.

Economist Robert Genetski. Genetski, calculates that the S&P 500 is currently overvalued by 34 percent.

If investors decide the market is near peak and start selling, taking their profits before prices, fall. There is more trouble.

This overspending continues from the federal government, as well.

In the first eight months of the current fiscal year, the current government has already accumulated more than $1.2 trillion, in additional debt.

With a staggering deficit of $348 billion last month alone.

Investors were reportedly believed the US economy is about to enjoy a significant expansion, because of AI.

That's boosting the stock markets. The shares in tech companies. Chip makers. And even utilities.

The government's stimulus injection may be waning, and the Fed's interest rate hikes are starting to bite, as indicated by the slowing housing and manufacturing production.

Higher interest rates hinder business from investing in production and consumers from spending on goods.

That support those businesses. Additionally, the Biden administration has implemented a regulatory program, that will directly cost the economy 3.95 trillion dollars in 2025.

And indirectly result in a staggering 75.05 trillion, in opportunity costs, for 2025, alone.

That might take a bite, no matter what AI is going to do.

Carol Roth is here with us.

Carol. Are we beginning to see all of the signs of the wheels coming off of this thing?

CAROL: I think we've been seeing the signs of the wheels coming off of this thing for quite some time.

And they're sort of hanging on by a thread.

Now, certainly, a lot of the numbers that are put forth. Are meant to window dress, and say, oh, no.

The wheels are still turning. And they're doing just fine. And they will last for a while.

We have seen cracks, and when you peel back the onion. And you look at things like the deficit to GDP, which are about two times the historic average at a time when they're telling us, there's an expansion. We know there's something wrong.

Because normally, when you have an expanding economy, that means you're taking in more revenue at the government level. And that means you're running less of a deficit because you have more money input.

What's happening now is the Biden administration has flipped that on their head. And they're using deficits to window dress the appearance, that we have growth.

And we're seeing that start to crack. Because even that, you know, window dressed growth is starting to come down.

We saw the first quarter GDP come in, almost a percentage point lower than expectations.

A first reading. The second reading was even lower.

So now, as of the second reading. We're at 1.3 percent. For the first quarter. And we're expecting a third reading.

And things keep getting revised and revised.

So all of the, you know, appearances that they're putting forth. And to make it seem like everything is looking great.

We've seen those cracks. And they're just becoming larger and larger.

GLENN: So do you think that there's any way possible, that anything, excuse the pun here, Trumps the economy.

I mean, they always say in elections.

You know, it's the economy, stupid.

And no matter how you window dress this.

Everyone knows, I don't have as much money, or my money doesn't go as far as it used to. And I'm having a hard time keeping up.

At almost every level, this is happening.

VOICE: So this is an interesting question.

There was a Monmouth poll, that came out yesterday.

That showed, far and away.

That the economy was the biggest issue.

You know, number one issue on people's minds.

But there's a disconnect by party. And obviously, when you have the -- the Republican side, and I would think to some extent. The independents as well.

There's more of a connection with the -- with the fiscal reality that's going on. And it becomes, you know, we believe so afford literally four more years of that.

There's a disconnect from the Democrats who don't believe in mass and reality anyway.

And so even though, they may be hurting, personally. They're going to make excuses. And say that it's for, you know, any sort of litany of other reasons. And it doesn't have anything to do with these specific policies, that we know have driven these outcomes.

You know, there's weather it's things like the American rescue plan. And they direct stimulus. That's literally called stimulus.

That overstimulated the economy. And caused inflation.

They're going to tell you, oh, no. Look, inflation has come down. Even though, they're still going to the same grocery stores, the same gas stations. Having to pay the same rent. And they're believing and buying into the gaslighting.

So that's my concern.

Is when you have so many people who are decoupled from reality. And can fed the propaganda that's gaslighting. And they're willing to -- basically, you know, they're cults. That that is not going to show up in the polls. The way that it should. If we were operating, you know, with some sort of normal baseline.

GLENN: Carol, I'm going to take a quick break, early here.

Because I don't want to interrupt you on this petrodollar thing.

Because I have seen stories that say, this is true.

Stories that say it wasn't true. I don't think there ever was a -- there wasn't a concrete deal. It was more of a handshake with Saudi Arabia. With the petrodollar. Wasn't it?

Or did we have a written deal?

CAROL: That's right. So I was surprised when I saw this as well. You know, I wrote about this in You'll Own Nothing. We have a whole chapter on it.

And there was a deal put in place. But never once did I come across anything that said, we have a specific expiration. But we know deals that, you know, are made. Can be shifted and changed at any point in time.

And I think that's the point we want to talk about.

GLENN: Correct.

Okay. So we'll do that next.

Because the petrodollar. If the world goes off the petrodollar.

That is -- that is the beginning of the end of the dollar.

It's just a matter of time. And what are people replacing? It with?

And so far, central banks are not replacing it with any currency at all.

We'll talk about it here, in just a second.

Okay.

So, Carol, explain why the petrodollar is so important.

VOICE: All right. So there's this story that was going around last week. That the Saudis had ended this agreement, that had been put in place in the '70s.

So what happened was that when the US went off the gold standard, they were very concerned over what was going to happen. So they created this secret delegation, that went to Saudi Arabia.

As part of a diplomatic chore. And there was a lot of chaos going on at that time. Not only did we go off the gold standard.

There was an oil embargo put in place by the Arab oil exporters. That set the price of oil sky-high.

So the big objective, was basically, they -- the US didn't want crude oil.

You know, energy. Which is obviously really what fueled growth around the world, to become an economic weapon.

And they knew they knew, okay. Well, now we're off the gold standard.

We had the currency. Wouldn't it be great to have somebody to finance their deficits?

So what they did, is they went to the Saudis. And they said, well, look, you come. You take -- you're going to agree to basically price oil in dollars.

And that's -- around the world, oil is going to be priced in dollars. And you will have all this excess money.

We want you to plow that back into US treasuries. Everything that you get in. We want to you plow that back into treasuries?

Why did they want that? Because that obviously helped the US finance their deficits at a very cheap rate.

He said with be okay. We'll do that. What we want in return, basically some economic and military support. And so they made this -- this deal. That was brokered.

The interesting part is there was a secret piece of it, and that was that the Saudis did not want everyone to know, that they had this huge Treasury stockpile. So for more than four --

GLENN: Why?

Wait. Wait. Wait.

Why didn't they?

CAROL: Because they must want everyone to know that this was sort of the underpinnings of the deals of how closely they were in bed, with the US.

GLENN: Okay. With the US. Okay.

CAROL: And that this is what they did. So this was actually uncovered by a Bloomberg report.

So for 41 years, what the US Treasury did when they broke out what central banks held the US Treasury, and you can go see if China holds this. Japan holds this.

They lumped Saudi Arabia in with 14 other nations. So basically, you could see, oh. We cut this special deal, and now it looks like now, that there's all this wonderful demand for treasuries around the world.

And it was kind of unclear that there was this alliance going on.

So what does that do? It creates a massive demand for the Treasury, because not only are the Saudis in there as huge buyers, but when you have -- you know, sort of a de facto basis. The oil price in US dollars. Then every other central bank will also want to make sure that they have a stockpile of a dollar equivalent security. That if they need dollars, they can cash in.

Of course, as opposed to holding actual dollars. When you hold the Treasury you do get some income. Or you get an interest rate. So basically, this has created huge demand for Treasuries. It means that the interest was artificially suppressed by that demand. And that the US government was able to finance their deficits.

It also meant that trade around the world, was done, you know, US dollars. So not only are these central banks, holding them in the reserves. There's all this trade that's happening in US dollars.

So this actually worked out for quite some time.

The Fed holding basically the world's reserve currency. And managing it. They held the US dollar fairly stable. When you saw the price of gas go up. That they would loosen monetary policy.

And when it was too low. They would tighten it, that they would stay in some sort of a range. Sometimes that was at odds with what was going on domestically.

But as the holder of the world's reserve currency, that was their job.

GLENN: Hang on just a second. Stop for just a second.

I just want to make the point: This is right now, where we're about to see the change, and it's not happening now. It's already happened.

We -- when we got off the gold standard. We promised the world, we will never put ourselves, you know, absolutely first. And go off, and do crazy spending.

And, you know, just break everything for America.

And that's why, it was at odds, sometimes. The fed's policies.

Were at odds.

With the United States policy.

Or -- or -- wants and needs.

Because they had to balance it for the world.

And then what happened, Carol?

CAROL: Yes. So for the economic wonks out there, that's called the Triffin dilemma. You sometimes have to make these tradeoffs between what happens domestically and what happens internationally.

What happened, if we come back to today, is that the Fed has managed to hold the dollar, not stable.

Either for the world, or domestically. So it's not like they even made the tradeoff.

They just abandoned it altogether. But going back to 2005, they decided when the price of oil shot up due to China's increase in demand.

Hurricane Katrina, a whole bunch of things. That they just weren't going to play this game anymore, and that's when things started to crack.

Then we had the Great Recession financial crisis, and so on and so forth.

And the US government continuing to run these huge deficits.

And just, you know, creating a really challenging situation, economically.

So the big issue, if you are these countries around the world. That now have everything priced in dollars.

All your major commodities.

It's not just oil.

It's then extending into food.

Everybody is trading into dollars.

When you have these huge swings in the dollar, that means, that threatens as a nation.

Because now you may not be able to afford energy.

Or you may not be able to afford your food for your country.

That's a national security issue.

GLENN: Forty seconds.

CAROL: Countries are getting sick of that. We weaponize the US dollar. And at the end of the day, they're starting to move away from it. Which threatens our ability to have cheap financing and our standard of living.

GLENN: And so the Saudis did not break a deal.

We've broken the deal long ago.

And they're just all doing what would normally be done. It's no longer good for me.

It's got to be good for both of us.

And so they didn't stop the deal. They're just naturally moving away.

And it's -- the money is going to gold, not other currencies at this point. Correct?

CAROL: Correct. You got it. You nailed it.

These 15 Lines From “1984” Are No Longer Fiction
RADIO

These 15 Lines From “1984” Are No Longer Fiction

Glenn has been warning for a while now that George Orwell’s dystopian novel, “1984,” reads like a newspaper today. Well, he recently stumbled upon an article that lays it all out. Glenn reviews the article from The Federalist, “15 Times 2024 Was Orwell’s 1984,” that shows just how dystopian our society has gotten: "That is where we are, America. We are living in 1984."

You can read the full article HERE: https://thefederalist.com/2024/06/19/...

Transcript

Below is a rush transcript that may contain errors

GLENN: Let's say, hello, and welcome back to Stu Burguiere. hello, Stu.

STU: Hey, Glenn, how are you?

PAT: Good. Nice to have you. Nice to have you here.

Let's go true a couple of things here. I was reading a story about Donald Trump getting ready to go to the debate next week.

And he's preparing and people are speculating. Why would he ever accept?

Why would he -- so you think Donald Trump is not going to accept all of the baby conditions that Joe Biden has set for the -- for the debate?

Of course he will.

He's not going to be set. They won't say to him. Oh, well, we wanted to debate.

But he wouldn't. He'll do it. And he will do pretty well.

But Joe Biden is going to do better than he probably would, in any other format. And Donald Trump said, they'll probably pump him up.

Now, I don't know if -- I don't know if that is true. But it sure explains the performance of let's say, the State of the Union address. Where he was vigorous.

He was like, whoa!

Who is this guy?

I believe, and we won't know for decades, but I believe they are juicing him, on important nights.

This is not new, this shouldn't come as a conspiracy theory or a shock to anybody.

They did it with JFK, and they're -- they did it with FDR. In fact, FDR is probably the closest parallel to Joe Biden. FDR, the war was going well.

We're starting to turn the tides on -- on Germany. But we hadn't gone on to D-Day yet.

I'm sorry. FDR comes back from the meeting with Stalin.

And Churchill in Tehran. And as he comes back, he's got a really bad violent cough.

He starts to lose weight. He's constantly fatigued. His daughter Anna was so freaked out by all of it. That she pressed the doctors. Please, could you please have him see a cardiologist, at Bethesda. So he went in to Bethesda hospital, for examination.

And when he came out. Everything was great. No. The president is in perfect health. However, according to the medical notes, that were published, six decades later, that doctor diagnosed him with reduced lung capacity. Hypertension. Or high blood pressure.

Which we didn't have a way to treat back then. Acute bronchitis.

And most seriously, acute congestive heart failure. So now, they're not treating him, because we didn't have the medication.

The only treatment was regulating a patient's lifestyle. And, you know, herbal drugs. And then telling him, don't drink alcohol.

Tobacco. Don't do any of that. So that means in May of 1944. A month before D-Day. The daily schedule of the US. Unbeknownst to the American people, was only four hours a day.

He could only work and be involved four hours a day.

Now, he did that for a while. And he started to improve a little bit. But in July, of 1944, he had another doctor examine him. And said, he's not going to survive the term.

And he's got another full-term coming up.

And there's an election. And I don't think he will make it for the entire full-term in office.

Panel of experts were called in. They all examined.

And they all agreed. He's not going to make it.

Okay?

Did the American people know that?

No!

They didn't. It was too important to the country, to make sure that he looked strong and vigorous.

Well, what do you think is happening with Joe Biden?

Do you honestly think that things that have been done before, are not being done right now?

And what's disturbing about it, is these people work for us.

Now, I understand, maybe. Perhaps. In war. Although, no. I don't. No, I don't.

I need a president that is vigorous.
And if a president is not vigorous, especially at a time of war, I don't know if you're paying attention to what's going on in the world. But we are growing ever so close, to nuclear war.

There was a -- what was it. Oh, it was one of the former Soviet satellite states. And the president came out, and he's like, look, you can think, whatever you want about the United States. Or whatever you want about Russia.

But we're out of this. Because. Both cannot back away from this. And I think we're months away from a nuclear war. And somebody has to stand up and say, get to the peace table.

And it's -- it's very compelling. Very compelling to listen to him. So should we know about the President's health? Of course we should. But we won't.

Because we are living in the days of 1984. Listen to these 15 things, that Monroe Harlis (phonetic) pointed out in the Federalist. Fifteen ways that 1984 is 2024. Quote, from the book, the party told you to reject the evidence of your eyes and ears. It was their final and most essential command. Have you seen this? Have you seen the party demand you to reject your eyes and ears? All the time.

We're seeing it all the time. Two, endless wars. Quote, they add nothing to the wealth of the world, since whatever they produce is used for purposes of war. And the object of war is always to be in a better position in which to wage another war. End quote.

Have you seen the video of Joe Biden talking about American weapons being used for direct strikes inside of Russia?

And why -- why -- why do some people speculate, that the real purpose of this is to get rid of all our own old weapons so we can make new weapons, which will be better in the next war.

Doesn't this sound exactly like 1984. Number three, separating babies from mothers at birth. Quote, from the book, already we're breaking down the habits of the revolution which have survived from before the revolution.

Children will be taken from their mothers at birth, as one takes eggs from a hen. What exactly is the issue here?

Well, the issue is: The well-being of a child.

A living, breathing human, who was created for the sole purpose of being sold and ripped away from her mom.

This is -- this is something that is happening through surrogacy. And honestly, later in life, it is happening, because of political correctness.

Four, hatred of purity and goodness. I hate purity. I hate good is not.

I don't want virtue to exist anywhere. I want everyone to be corrupt to the bones. End quote.

Well, did -- did anybody see what -- what happened to Butker for being a Christian?

They tore him apart. Condemned him. Ray Rice. Nothing compared.

Five, the news lies. One knows the news is all lies anyway, from 1984.

Yeah. Well, what do we think? Do we all know that the news is nothing, but a lie? And now the news is saying, they are fighting advertise information?

Six, the destruction of the family. The sex impulse was dangerous to the party. And the party had to turn it to account. They had played a similar trick with the instinct of parenthood. The children on the other happened were systematically turned against their parents and taught to spy on them and report their deviations. The family had become, in fact, an extension of the thought police.

Do I need to give you an example? Seven, political correctness.

Don't you see the whole aim of newspeak is to narrow the range of thought?

In the end, we shall make thought crime literally impossible because there are no words in which to express it.

Producers. Birthing people. Chest feeding. Eight, persecution of political opponents.

Power is a means. It is an end. The object of persecution is persecution.

Reporter, President Trump refers to himself as a political prisoner and blames you directly.

What's your response, sir. He just smiles.

Nine, the innocent are suffering.

How does one man assert his power over another, Winston?

By making him suffer. Exactly barbecue by making him suffer.

Obedience is not enough. Unless he's suffering.

How can you be sure, he's obeying your will and not his own.

How about the 75-year-old Paulette Harlo, who is in poor health.

She also was somebody who -- I believe survived a -- a communist cooperation catch.

She's in prison for two years, for praying outside of an abortion clinic.

Truth is redefined. Freedom is the freedom to say that two plus two equal four.

11, hypocrisy from government agencies. The ministry of peace concerns itself with war. The ministry of truth with lies. The ministry of love with torture. And the ministry of plenty with starvation. These contradictions are not accidental. Nor do they result from ordinary hypocrisy.

They are deliberate exercises in double think. Remember, the FBI is a terrorist organization.

It's the American Stasi. It exists entirely to terrorize the American people on behalf of a corrupt and evil regime.

No, no, no.

The FBI is the center of truth.

Contradicting beliefs. Double think means to the -- has the means -- the power of holding two contradictory beliefs in one mind simultaneously, accepting both of them.

Just so we're clear here. Democrats who are campaigning against Trump. Based on dubious charges of sexual assault. They engineered.

Are still inviting people like Bill Clinton to headline big ticket events, along with his relationship with Jeffrey Epstein. Even though that's been well-established, they're still okay with that.

Thirteen, dates altered. Every record has been destroyed or falsified. Every book, rewritten. Every picture has been repainted. Every statue, street building has been renamed.

Every date has been altered.

Well, in an attempt to replace Easter, the most important Christian holiday of the year with Transgender Day. I think, you know, that kind of does it. This is the beginning, and worse is coming.

Fourteen, no trust. We have cut the links between child and parent, between man and man. No man and woman. No one dares trust a wife or a child or a friend any longer. But in the future, there will be no wives. There will be no friends. And statistics are lies.

The fabulous statistics continue to pour out of the telescreen.

As compared with last year, there was more food. More clothes.

More houses. More furniture. More cooking pots.

More fuel. More helicopters. More books. More babies. More of everything. Except for poverty, disease, crime, and insanity.

That is where we are America. We are living in 1984.

Is THIS Why Democrats Want to Draft Our Daughters?
RADIO

Is THIS Why Democrats Want to Draft Our Daughters?

The Democrat-controlled Senate is debating a version of the National Defense Authorization Act that includes a plan to register women for selective service…which would make them eligible for the draft. But Senators like Utah’s Mike Lee are standing up against it. Sen. Lee joins Glenn to explain what’s going on here. Why would the Democrats do this? Are they REALLY that woke? And does it have any chance at passing? Sen. Lee also responds to Republican Sen. Marsha Blackburn’s statements that seem to support registering our daughters for selective service …

Transcript

Below is a rush transcript that may contain errors

GLENN: Chris Bedford has a great article out on the Blaze.com today. The Democrat's strange obsession with drafting your daughters.

I don't even understand. I mean, I understood this long ago. It was a way for Democrats, who didn't like war, to kind of, you know, ramp up the odds that we wouldn't go to war, if, you know, we had a draft.

And then we drafted your daughters. Nobody would want to go to war. I get that. Except, the Democrats are now the pro-war party.

So what the hell is happening?

And this just seems to have come out of nowhere. The most outspoken voices on this, are Chip Roy. And Mike Lee. And Mike is -- Mike is with us now. Can you please tell us what is happening with the draft stuff, Mike? Why is this happening?

MIKE: Yeah, look, the draft our daughters agenda has no place in our national defense. I think what they're trying to do. They're trying to engage in this, this sort of radical egalitarian exercise, where for aesthetics purposes, we're deciding to just show how woke we are. How open-minded we are.

GLENN: Do you really think that's -- do you really think that's motivating them at all?

MIKE: Well, yes. Because I can't fathom any other reasons why they would want to do it.

GLENN: Oh, my gosh.

MIKE: Look, you don't send women to fight. As long as able-bodied men exist and are available to fight, it's a fundamental notion. You don't even have to get to a moral question on this. It's a survival question. To draft our daughter's push, has been something that keeps getting recirculated every two years.

It's failed before every single time. Congress has rightly rejected previous attempts to draft women.

And they're quietly trying to slip it into the NDAA. The National Defense Authorization Act.

It's a bill that Congress passes once a year, to establish priorities for military. But people have already said no to it. It's an underhanded tactic, to include it in the base bill of the defense authorization act.

We should be putting policies like this, revolutionary policy into it.

It's very similar -- what they have been doing -- putting this together, and then ramming it through the Senate floor. Telling us we have no opportunity to amend it once it gets to the floor.

Someone will start sounding the alarm bells now, before it gets to the Senate floor or the House floor saying, absolutely not. The American people are going to take this.

GLENN: Okay. So you said it was a matter of survival. Explain that.

MIKE: Well, okay. So the purpose of having a military and therefore the purpose of having a draft, to staff the military, is to break things and kill people, just to put it very bluntly.

And so you don't -- you don't put women out there, as long as able-bodied men exist, and are able to fight.

For all sorts of reasons, including the fact that you -- you've got -- that men have this biological advantages in war, that need to be utilized. And it just sends all the wrong messages.
To our own people, and to whatever country or entity that we're fighting.

That our -- our able-bodied men are not all going to go out there.

We will send women instead.

Sends all the wrong messages. And that's not going to work well.

And so, every time people hear this, they need to reiterate their desire. If they feel the same way, they should repeat the phrase, don't draft our daughters. Just don't do it. That goes over pretty well. Once people hear a phrase like that, they tend to back away from it. And we shouldn't let them think that this is just a noncontroversial basic housekeeping. Just, you know, upbidding our legislative book to reflect modern realities. No. This is a fundamental shift, and one that we're not going to fall for.

GLENN: I mean, one I usually don't disagree with, Marsha Blackburn.

She said, this is about opportunity. It's not about combat. It's about their opportunity to serve.

Well, you know, I just found a picture of my grandparents. My grandfather is in a -- a military Marines uniform.

And my grandmother is in a Salvation Army uniform. And, you know, they -- women served all through wars in different capacities.

You can serve, it's just your body is not made for the -- the -- for a war. You can't drag your 200-pound companion off the battlefield if you're a 125-pound woman. You might be able to, but it's not going to be easy.

MIKE: No. Exactly right. And like you, I'm -- normally, I agree with Marsha Blackburn. I had not heard her say that. Let me just respond to this point.

As it's similar to the points that others have made on this front. This is not about opportunity. Opportunities already exist.

Opportunities already abound for people of both sexes to support the military. To be part of the military. To serve in combat or noncombat position, as they may choose.

This is not about that. This is about whether we will use the coercive force of the state. Have the coercive force of the United States government, in order to -- a point of a gun, order someone to take steps that could result in their being drafted. In their being brought up at the point of a gun. To a battlefield somewhere.

We shouldn't do that. We're not going to do that. This is not about opportunity. This is about right/wrong. This is about survival.

GLENN: Right. I am not for a draft in any case.

I think, you know, there's some people who disagree with me, who are in the military.

But I think there's a draft brings people in, that have no desire to be there. No desire to really fight.

I mean, unless we're in World War III, which we could be. Check the clock.

Unless we're in World War III. And the country needs, you know -- I think you always keep to a system, where it's a volunteer army for as long as you possibly can.

Because you get the people who are mentally and physically capable and ready to do it.

MIKE: You're exactly right, Glenn. But this is where you get tricky. Because you're right. And I think most people would agree with you, including most -- many of the people pushing this effort to require women to register with the selective service. What they would say here is, oh, this isn't about the draft. This is just about requiring them to register with the selective service.

Whether or not we actually have a draft. Well, Congress would have to authors that, before we could draft nip.

See, that's where you -- it's -- it's if you get hooked on that one.

You can say, oh, well, I'm not voting to draft women.

I'm just voting to require to register with the selective service. And then next time, if we are facing World War III or some other conflict.

For whatever reason, in order to survive. We've got conscript people involuntarily into the military. It will be automatic, because women will already be registered with the selective service. So that's the decision that we have to look to right now. We have to treat this as, do we want to draft women?

And I believe that among Eric and other people. The answer is a resounding no. And it should be.

GLENN: Let me ask you this.

My sister was freaking out a couple weeks ago.

Because they made it automatic now. We used to have register every mail registered.

When you turned 18. You register for selective service.

And it always freaks you out as a teenager. Wait a minute. I have to, what?

But, you know, we haven't seen a draft since the '60s or '70s. And it's just not -- it's just not in the cards.

But why are all these things changing right now?

What is going on, Mike?

Some people will look at this and go, they'll get us ready for war.

Are they? Or is this just -- what is this?

MIKE: Okay. So I think the best way to understand this. From years ago, at an event post by the Enterprise Institute, I heard someone give a speech about they talked about, ways in which we should be wary of a government, as it becomes more efficient, through technology and otherwise.

Government efficiency can be, sounds like, often is a good thing. He pointed out, that in some areas where civil liberties are confirmed, hyper efficient government poses a greater threat to our liberty. Perhaps this is one of them.

Where, new steps, you go out to take an affirmative step that takes people focused on it, where it happens automatically. They don't even think it through all that much. And perhaps they don't want people thinking about it. They just want to register them on their own. Sort of like a government is efficient in a lot of ways that otherwise would undermine our liberty, with the way that it spies on people. For example, under Section 702 applies that that's an example of another efficiency that undermines our liberty.

We ought to watch out for all of those.

GLENN: Hmm. Mike, thank you so much.

Any just on the Senate race today? In Utah. I know you didn't endorse anybody.

MIKE: Well, yes, I did not endorse that race. I did endorse in the Second Congressional District and the Third Congressional District.

The second I endorsed Colby Jenkins. Who is a fantastic human being. A Green Beret. And I encourage everybody to go and vote for him. Also on the third congressional district in Utah. Dr. Mike Kennedy. Both a doctor and a lawyer, proud public servant, state senator. And somebody who loves the country very much.

So looking forward to the results tonight.

GLENN: All right. Thanks, Mike.

Appreciate it. God bless. All right.