RADIOMarch 22, 2022

SHOCKING inflation price comparisons show Biden is FAILING US

What did a gallon of milk, a dozen eggs, a lightbulb, or a loaf of bread cost at the grocery store before Biden entered the White House? And what do those items cost today? What are they projected to cost in 2024, if America continues down its current path? Glenn details all those price comparisons — plus more — showing just how badly the Biden administration — thanks to its inability to handle inflation — is failing us. 'We MUST turn this around,' Glenn says. 'But our government, our fed, and our administration are incapable of taking the right steps.'

Inflation by the numbers

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. I want to talk to you about a couple of things. First of all, I want to build this case with you, I'm going to tell you exactly what I'm doing, and what I think you should do as well.

Well, I was going to do it, and then I decided not to. Because I've had so many boating accidents lately, Stu. So many boating accidents.

STU: You, just as a friend, don't think you can boat. Because you can't seem to keep these things afloat. What are you making them out of? Cement.

GLENN: I know. And the latest, gone. Gone. Down at the bottom of the lake.

STU: Did you think about maybe getting a submarine, going down there, getting your guns.

GLENN: I can't do it. It's too deep.

STU: Too deep?

GLENN: Anyway, so I'll give you some solutions here to this. But I want you to listen carefully, and check all these numbers yourself. If you care to.

First, you have a problem with inflation. We all know that. We all can feel it. We can see it. It wasn't caused by Russia. It is caused by the Federal Reserve. It is caused by spending too much money, and printing even more.

I say it's caused by the Federal Reserve. They didn't spend the money. Yes, we have a debt now of $30 trillion, that if interest rates go up to about five or 6 percent, we will not be able to afford anything, but the interest on that debt.

Okay? Now, we know that's happening. The Federal Reserve also has printed and given the banks untold trillions of dollars. We know that they gave $30 trillion to the bank. By -- to the banks, by 2010. That news has just been released due to a FOIA request. We have no idea what they've done in the last two years.

STU: Okay. Can I just add to your point on interest here, Glenn? This is according to Brian Riedl over at the Manhattan Institute. For every point that interest rates go up, just a point, that adds $30 trillion to the debt. Over the next, I think it's 30 years. Which is the same amount, that we would spend in that period.

On defense. So every single point, interest rates go up, we owe another $30 trillion, at like -- we're adding an entire new U.S. military every time one of these things goes up one point.

GLENN: So we just raised the interest rates, the fed did by a quarter point. And said, five to seven more hikes are coming. Okay?

STU: My gosh.

GLENN: All right. So let's just talk about real stuff here for a second.

I wanted to show you what the price of things were, what the price of things are. And what the price of things will be, by -- by Election Day, 2024. Okay?

We must turn this around. But our -- but our government, and our fed, and our administration, are incapable of taking the right steps.

This is just inflation. The numbers I'm going to give you, just inflation. This doesn't include extra regulation or shortages, or anything else. This is just because the value of your dollar is going down.

Prices aren't going up. The value of your dollar is going down. Now, I use not 7.9 percent CPI to project into the future. I used shadow status. The reason why I did this was because everybody was comparing this to the days of Jimmy Carter. No. It's worse than the days of Jimmy Carter. I'm using the shadow status. Because this is the way the government calculated inflation in 1980. They changed that calculation because it was looking bad for the United States government and the fed. So they changed it. But if we look and measure the same things. The same way. We'll get the inflation rate that is 15.5 percent, not 7.9 percent. So this is from Shadow Stats. That's how we calculated these. I made some chart, but I'll read them off. In case you happen to be watching TheBlaze, you'll see the charts. If not, let me just tell you where we're going to start, and that is with hamburgers.

When Biden was elected, when Biden was elected, a hamburger was $4.40. Today, I think you guys are working on the wrong -- you're working on the wrong end of the -- that's the last slide. Look for hamburger.

When Biden was elected, it was $4.40. Today, it's $6.01.

STU: Jeez.

GLENN: 2024. November. The time the next election, just with inflation, that's it. No food shortage. Nothing. Just due to inflation, are you better off than you were four years ago? Hamburger was $4.40. A hamburger will be $7.95.

STU: Wow.

GLENN: When Biden was elected, this is just due to inflation. When Biden was elected, gas was $2.18. Today, it's 4.41. November 24th, with no shortages, no war, nothing. Just from inflation. 5.83. When Biden was elected, milk was $3.20. Today, it's 3.89. Just through inflation, in November 2024, the price of Biden milk will be $5.15.

STU: I got news for you, I don't care what the price is, I'm not drinking Biden milk. That just sounds icky. You can milk anything with a nipple.

GLENN: You're not the one milking him either. It does.

When Biden was elected, the price of a lightbulb was 1.57. Today, it's 2.55. A price of a lightbulb, when the presidential election in 2024 is happening, will be 3.37.

When Biden was elected, eggs, a dozen, 1.45. Today, 2.35. November '24, 3.11. When Biden was elected, 1.50 for bread. Today, it's 1.67. November 2024 projection, 2.21. That number is going to be wildly different, and you'll understand why, here in a minute. When Biden was elected, just because of inflation, houses were 358,700. Today, they're 414,123. November '24 projection, 547,885. That's the average home.

STU: Gee.

GLENN: When Biden was elected, $22,095 -- what? $22,951 was the price of a car. Today, it's 30,603, if you can get one just -- just through -- just through inflation, that number will jump from 30 to 40,488.

STU: Just some quick personal news here, Glenn. I celebrated this weekend, my seven-month anniversary, with an order of my car.

Thank you. It's still not here. They haven't even taken the order yet. But seven months in, I'm doing well.

GLENN: That's great. That's great. Have you thought about a horse?

Now, let me give you something else. Now, these are just projections, and you can find -- we'll publish all of this. You can find how we made all these projections. But they are just projections. These numbers can change dramatically. But we wanted to add in the geopolitical instability factor.

So we know about wheat. And I've got something I've got to share with you in a minute.

We know about wheat. But we are kind of -- we're being, I think, very conservative on some of these numbers.

A hamburger. The price I just told you, add 25 percent, if things continue to go geopolitically as they are.

Gas, if things continue, the instability factor, you'll need to add 30 percent to that gallon of gas. 15 percent added for milk. 5 percent for lightbulbs. 15 percent for chicken.

I don't think -- or, sorry, for eggs. I don't think that's high enough. You'll understand why, here in a minute. Bread, up 30 percent. Housing, down 25 percent. And cars, down by 25 percent.

I agree with the housing, not necessarily so with the projection of the cars. But I left this to the experts and be our team to put together the numbers.

Number two, I'm going to take a one-minute break. And then I'm going to tell you the truth, that no one is willing to talk about, about what's really going on with food.

And why you need to begin to prepare, right now.

GLENN: Stu, have you ever listened to the podcast, all-in.

STU: Yes.

GLENN: Okay. Really good. Really bright guys. Generally speaking, more independent now. But they've all been Democrats. Staunch Democrats. I think, except maybe one of them.

And they're all experts. In different fields. And all friends. David Freedberg is one of them. And I was listening to the podcast. And they asked David a question. Now, David used to work for Monsanto. And he doesn't work there anymore.

But he believes in, you know, Monsanto. Think GMOs, et cetera, et cetera. If you're against GMOs, don't dismiss him. Because I got the facts from him, on the stats. But we're not talking GMOs. We're just talking about looking at the market, and what is really happening.

So when you're looking at food, understand that 15 percent of all global calories, come from wheat and rice. 25 percent. Sorry. 15 percent.

One-third of all of our wheat, comes from Russia and Ukraine. We're supposed to be planting crops, all around the world, right now, for wheat.

Not happening in much of Russia. Not happening anywhere in Ukraine. Next stat you need to understand, our food supply -- you know how the cars had just in time. Our production lines were all just in time.

And that's why we can't make cars. Because there are parts, that are sitting somewhere, you know, crossing the ocean. Sitting on a dock someplace. The whole supply chain has broken down. Because it's just in time. It arrives just in time to put it into the car. When you have a disruption, it just bogs everything up. And unclogging, we don't really even know if we can unclog it, and get it started again. But it will take years to do it. That's the supply chain, for stuff. The supply chain for food is 90 days. We have 90 days' worth of food in the supply chain. That is from the grocery store, to the garden, and everything in between. If it stops, we stop -- let's say, we for some reason stop all farming, we would have 90 days left of food worldwide. Okay? 25 percent of all global production, is food. We're about to lose 12 percent of production. That means, we're losing half of our food supply, of wheat. Half of our wheat food supply.

This is going to hit places like Africa first. And it's going to hit places of poverty, unlike anything we've ever seen.

800 million people, currently on earth, live below 1200 calories per day. So you know, the Germans would not allow Jews to have more than 600 calories a day.

So they're only double the amount of calories, that the Jews got, during the Holocaust. And we all remember what they looked like.

If they're at 1200 calories today, and they're in -- in places that are poor, which they most likely are, those calories will be either cut off or greatly reduced.

Now, the bigger problem is fertilizer. And energy. The energy price for run the trackers. To run the trucks. To run everything else.

And the price of phosphorus and potassium, potash, and Nigeria. Those are the three major things we use, to make fertilizer. Natural gas, 90 percent of ammonia is made from natural gas. Prices in natural gas, have doubled. And in some places, gone up 4X.

It's gone from $200 a ton, to $1,000 a ton. Phosphorus, 10 percent of the phosphorus from Russia, and 20 to 25 percent of all of the potash comes from Russia. It's now been banned in Russia. They cannot sell it. We cannot buy it.

They said, oh, you're going to cut us off at the bank. Great. We'll cut you off on this.

Potassium is up to $700, phosphate went from 250 to $700. This is causing so much stress on the farmers. That farmers all around the world, are not planting their fields.

They are reducing the acreage. Because without fertilizer, you're not growing much. So why plant all those fields? It's not going to be a good year, they're thinking.

So as they -- as fertilizer goes up, they pull more and more acres. So far, the price of corn has doubled. Soybeans. Wheat. Skyrocketing. The strategic food reserves, in some parts of the world, are now opening.

We better have perfect weather all over the world. Just because, if things continue the way they are and don't turn around quickly, and we can't get fertilizer, hundreds of millions of people, will experience famine by the end of the year.

We need to do everything we can to support our farmers, we need to understand what's coming. And you need to have a garden, plant some seeds. Live by a farm, and help them. Or start storing food now.

More on this, in a second.

GLENN: Rising fuel prices are taking a toll on small businesses. Owners from everything from furniture retailers to swimming pool service companies are trimming their services and revising contracts because the financial hit is getting worse and worse and worse. Keeping store owners wide awake, trying to figure out, what are we going to do?

Well, first of all, there's a couple of things we should do. Let me go back to food for a second. The governments around the world are buying up large swaths of food right now. Commodity prices going up. Not just because of traders. But because of governments are trading -- governments are like, we're going to buy our corn right now. And first in, first out.

Countries like -- that are in Africa, they're going to have a really hard time. They're not going to get the food, that they desperately need. But neither are other countries as well. We're all going to take a real hit on this. Especially if we don't have good weather. If we -- you know, we don't have fertilizer. We should, as a nation, be doing everything we can right now to help the farmer. Everything we can, right now, to get fertilizer. You know, everybody is worried about the price of inflation for the average person. Okay. That's really bad. And we're all hurting. But if we don't take care of the farmer right now, and get him fertilizer, and make sure he can afford the things that he can afford. Or they have to afford.

Our inflation is the least of our problems, it will be shortages, next year. Now, they are -- governments are buying up food. But governments all over the world now, are also, while they're doing that, telling you not to hoard. And I'm telling you, also, not to hoard. But I am telling you to prepare for your family. And then others, that will be hungry.

We have to help each other, through this. There are going to be people, who just can't make it. And they'll have to bring another skill. It's going to be barter, I guess. But we're just going to have to help each other. If you can grow food, plant this spring. Anything you can do it ease the burden on your family. And others, do it. When you go to a store, if you are going in, and you're going to buy macaroni and cheese, and you only need one box, buy two. Put one away.

Use the other one. When that one box is done, don't reach into the pantry to get it. Buy a second box. As I showed you just a few minutes Al Gore, just because inflation, that box, a year from now, will be costing you a lot more money at the store.

And when you hit a breaking point, you'll have some food storage. But be careful on what you think your breaking point is. Because real, real trouble is coming, and we have to be prepared, and we have to be prepared to help others.

That -- this is, I think, the beginnings of the times when I have felt, since the beginning with you, that you are going to may a role in saving this nation. And I think this is the beginning of it. Preparing for those in need.

And it is going to be really, really, really hard, because you're going to be like, I prepared, they didn't.

I know. I know. But we're in this together. You have to take care of your family first. But we're in this together.

That doesn't mean, that -- that doesn't mean that you should tell the world what you're doing. Because governments will come in. And they'll start to make it illegal to hoard food. They will start to demonize people first.

As hoarders. This is a while away, I think.

But that's what will happen.

So just keep your mouth quiet, and it don't be needs to know your business. Just urge the people who get it, to go in just store some food, for their family.

And -- and create a network, if you will, of people who think like you. And really understand what's coming. And just help each other. Just help each other.

STU: So how real do you think the food shortage thing is?

GLENN: I think food shortage in places like India and Africa, I think millions are going to die. Millions will die. Probably worse than anything we've ever seen.

STU: Oh, my God.

GLENN: If -- if they come up with a solution today, and crops get into the ground, maybe not.

But -- but it will still be a problem, because we're not getting fertilizer. So it will be a situation where maybe we as a -- as the top market in the world, be are able to acquire this stuff, but at way higher prices.

GLENN: Way higher prices.

STU: Down the line, the -- the poorer countries aren't even able to acquire it at all.

GLENN: Yeah. Or very, very little. It will be Ethiopia, on a grand scale. Do you remember what Ethiopia was like?

STU: Oh, yeah. I remember all the commercials. And we had the, We Are the World song out of that. That was not worth it. I don't know if it solved it. If it did, still -- no offense, to the African people, but I think they would oppose the song over being saved.

GLENN: I don't think so. It might be a little --

STU: They would rather starve to death. Look, I may be speaking for an entire continent here. But I think if they can go back to the '80s and they said, look, would we have generations of our people be alive, or that stupid song play again, they would -- they would choose, they would choose to delete the song, and sadly, have -- deal with the repercussions of that.

GLENN: Well, we don't have Michael Jackson around, to make a song this time.

STU: That's right. We're screwed.

GLENN: It is going to be bad. It is going to be bad everywhere.

And forget everything else. Just know that a 25 percent of fertilizer comes from Russia.

STU: Just the 25 percent.

GLENN: But just 25 percent.

STU: So what do you do here? I think it's easy for us to say, we've done everything wrong. It's easy. But look at the effects of what we've talked about with inflation. The things you're talking about. Thirty and 40 percent increases are nothing compared to, if we internalize all the production in the United States. If we got rid of all this global trade, our prices would go up way more than 30 to 40 percent. Your TVs are no longer $400 for a 60-inch. I'll tell you that much. All this stuff goes away, without all the global trade. And all the things associated with it. The theory going back, as -- as globalization, not in the nefarious, you know, UN running our lives sort of way. But in the, hey, we're going to trade with countries because we can turn up production. And certain countries will do certain things well. Others will do others. We'll all combine our efforts, and this is why you have Walmart and prices are really low there.

So that goes in, and one of the theories was, as we saw new countries get into that system, those countries tended to moderate. They wanted to be involved in the global trade, so they didn't act like psychopaths all the time. So our theory was, if we embrace countries like Russia, and like China, they will over time, be so interested in these markets, that they will stop acting like psychopaths. Now, I think we've seen that with those two countries, that has not worked out that well. However, you've seen it in other areas. Japan is a good example of it working out pretty well. So what do you do?

Do you wait longer to bring them in?

Because it seemed like, you bring them in as an incentive to let them change. And instead of letting them change first, and then allowing them in.

GLENN: Right. So I think this is the key. Out of 170 countries, 95 do not have on their books -- ninety-five countries do not have on their books, illegal slave trade. They have not made slave trade illegal.

STU: Really?

GLENN: Ninety-five.

STU: That's a mind-boggling stat. Ninety-five countries.

GLENN: Ninety-five countries have not passed anti-slavery.

Now, there's a lot of countries, probably in that number. I don't know all the countries. But I'm sure there's some that don't have a problem with the slave trade.

STU: Of course.

GLENN: However, we should set our limits. And this has been common sense for a very, very, very long time.

If your government doesn't have the same kind of understanding about human rights, we shouldn't be doing trade with you.

STU: Just at a basic level, right? You don't have to match all of our policies, but you got to respect human life.

GLENN: Men are born to be free, okay?

Okay. If you enslave people or build concentration camps or have gulags or whatever, no. I don't think we should do business with you.

And that's why we're enslaved to these very, very low prices. It's not that we're getting -- some of this stuff we are.

It's not that we're hiring people at very low cost and then putting them in slavery. We're getting stuff, some places at a very low cost, because the cost of living is so low. So they're making a decent wage in their country.

STU: For their area.

GLENN: Yeah. For their area.

STU: When a lot of these factories open, the line is around -- it's a mile long to get jobs at this place. Because it's the best job available to that community.

GLENN: Correct. Correct. However, that's not the case in China. Now, there might be people lining up around the block in China to have a job here, but they also enslave people. So no. If your country is so diametrically opposed to our system, no. That would include Saudi Arabia. That would include Iran.

That would include Russia. China. North Korea. All of these countries, that just don't see the world and people the same way.

STU: And I think too, this points to another one of the undersold failures of the Biden administration. That people are not talking about.

Which is, when Donald Trump was president of the United States, our relationship with India was never better. They loved Donald Trump there.

GLENN: Yeah.

STU: Now they've decided to side with Russia.

GLENN: And China.

STU: And China. And our option, right? If we were to lose China, as a manufacturing hub. Our easiest replacement is going to India. Where it's a little more expensive. But not a lot more expensive. And if they're a close ally. There's some synergy there. We can still probably make products at reasonable prices. And help someone -- they always call it, the global democracy. The largest global democracy. India is the biggest country that has some of the trappings of what we would respect as a government.

And we seem to be losing that right now. And that's -- and that's a big deal.

GLENN: We're going to lose them. We're going to lose Taiwan. We're going to lose possibly the Philippines. We will lose Vietnam. All of those countries, that provide low-cost labor. We'll lose all of those, if we continue down the path we're on. That will leave us with just half the world. Huh.

Almost like what The Great Reset is calling for.

STU: Uh-huh.

GLENN: They will offer the solution of the end of globalization. You'll hear that. This is the end of globalization. We've got to do things. We've got to do things closer to home. And so it will appear to be the end of globalization. But it will not be the end of globalization.

It will be what you interpret as more global controls. But we'll make stuff closer to home. And not with China or Russia.

Uh-huh. Really? Because we're currently doing a deal with Iran. Just saying.

STU: It's going to work out well.

GLENN: This is the nightmare that's coming.

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Could Trump’s “warrior dividends” CHANGE the economy?

President Trump has announced he is giving our troops “warrior dividends” of $1,776 each from the money raised by his tariffs. Glenn and Stu debate whether this is a good idea. Also…what are the odds that the Republicans will cave on Obamacare subsidies?

Transcript

Below is a rush transcript that may contain errors

GLENN: So something the president said yesterday, that I thought was really, really good. Because it will make a difference. And it's not a redistribution of wealth. He talked about his warrior dividend.

He said, every -- the 1.45 million military personnel are going to receive $1,776 before Christmas. And he says, it's recognition for their service and sacrifice.

He says, it's one time. It's coming from tariffs because of the big, beautiful bill. Tonight, I'm proud to announce, more than 1.45 million service members will receive a special we call warrior dividend. Warrior dividend in honor of our nation's founding in 1776. We're sending every soldier $1,776. The checks are already on the way.

I think this is better than choosing another group of people. You know, who is poor? And let's give them the money. I don't like when the government hands out money. But if anybody -- I mean, they're already on the payroll, and they're underpaid. And if anybody can use it, it's the military. $1,700 is a huge amount for most people in the military. Gigantic amount. That will make an actual impact in the people's lives, who I think actually deserve. You know, we -- we don't do enough for our military. And so it's the best kind of -- I don't know. Stimulus package I've ever seen. Although, this isn't a stimulus package, I don't think. Even though, these people are going to pump it into -- I can guarantee you, they will get it, and they will use it on their family for Christmas. Which, you know, will stimulate the economy so much.
Warrior Dividends. How did you feel about that, Stu?

STU: A bit conflicted for a few reason. I obviously 100 percent agree with you that our military members deserve more money, and I'm excited they're going to get it. And I have no -- my feeling on that from a general perspective is very, very positive. Like, if we're going to give money to anybody.
GLENN: Likewise.

STU: Our military is great.

GLENN: Yep.

STU: So that's obvious.

But I had a couple of concerns. One being, you know, we're not exactly at a place where we just have tons of extra money lying around to -- you know, to throw around to people.

I know the argument is with tariffs that we have enough. But, of course, that only pays for a slight amount of our deficit, right know

So we still -- this is all money that we don't actually have. Number one. And number two, my -- I don't really understand. Maybe you have a better understandings of this. But like my understanding of the mechanism of how we spent money as the government is that Congress passes a bill to allocate money.

When you're talking about a policy like this. And I think the president's heart.

GLENN: You got rid of that under Obama.

STU: I don't think.

Well, I didn't get rid of it.

GLENN: You did. Congress. I know. It's still the law of the land.

But nobody is paying attention to it anymore.

Congress doesn't even pay attention to it anymore.

They don't seem to care.

STU: And the other thing with this part of it, particularly, Glenn. Is quite obviously, there would be very little resistence to a bill that did this.

If you put a bill in front of Congress that said, we're going to give a bonus of $1,776 to all our military members. I would love to do it, just to dare the Democrats to vote against it.

Take all the concerns out about spending. This obviously would pass. Because no one would have the balls to vote against it. Outside of Rand Paul, and Thomas Massie.

Like, there would be a couple people. But it would be pretty limiteds.

GLENN: Right.

GLENN: So it could have gone through the normal processes. I don't know if Trump is saying, I want to be -- I want to dare someone to try to stop me here.

Or if it's just, look, there's a pile of money in a military budget somewhere. That he can move around. And he has control of it, because he's commander-in-chief.

I don't really understand the mechanisms.

So I have some questions of that. Generally speaking, when you're thinking of the most offensive things that the government does, giving our military more money is nowhere near the top of that list.

GLENN: It's not one. It's not it. Not it. Not it. They deserve it. They deserve it.

Now, the Republicans pass something. I love this. They just passed their health care plan.
Which is just staying with Obamacare without re-upping the insurance part of it. So they're not for the subsidies. It's not going to pass. It's not going to pass.

This is just something that they pass in the House. It will not be passed in the Senate. Not going to go to the President's desk.

Here's what's going to happen: You're going to see the House and the Senate. No. No, no. Let me rephrase that.

I started that with a lie. While you're not paying attention this Christmas, you will not see, but it will happen, anyway, the House and the Senate will re-up the insurance subsidies, and they will pass this health care thing while nobody is paying attention. And then it will be over.

I mean, that's exactly what's going to happen. There's not a chance we come back and on January 5th, and we say, oh, my gosh. Look! Wow. They're going to close down the government. Because they didn't pass this health care thing.

Well, good for the Republicans for having a spine and standing up!

No! Not going to happen. Not going to happen

STU: It does appear, the chance of the Republicans folding here, is approaching 1 trillion percent.

I don't know. We're having major inflation numbers.

GLENN: I would say 38 trillion. 38 trillion percent.

Yeah.

STU: There you go. I don't know. Because basically what has happened is enough Republicans have already folded on this, for a three-year extension of the subsidies. Which again, is a giveaway on top of the normal Obamacare to make it Obamacare turbo and lock in even higher subsidies because the old Obamacare plan failed. So that's what we're talking about here. So going back to Obamacare as passed is now the worst thing in the world to even the Democrats. Fascinating!

But they have enough Republicans who have changed sides on this. And they are now -- the Democrats have enough votes to force a vote on this bill, which almost definitely will pass the House. Because they already have the votes, and others Republicans will want to now change sides, if there's a public vote. So it will likely pass there.

It's the possible, obviously, that they stop it in the Senate. They could stop it in the Senate.

I don't know. I don't think there's much appetite to stop this, honestly, at the end of the day.

You know, you probably will have a chance of doing it, at the Senate. That's the best chance.

My guess is, what happens. Once the pressure is there, they find a way to maybe adjust it and do a year or something like that, that gets them past the election.

But, of course, what happens this a year. We all know what happens in a year. It's the same thing that will happen this year.It the same thing that happened four years ago, when the first part of this bill went away.

In 2022. Or 2021. They came in and said, okay. Let's extend it for four more years. My guess is, there will probably be some adjustments to this plan. I don't expect at all, for Republicans to hold the line this. Not only do they not want to get rid of Obamacare. They don't even want to get rid of Obamacare turbo. They passed this thing yesterday, which does give them the argument to say, hey. We did pass some of it.

We do have a plan, it's right here. But that's all of it.

GLENN: Stu. Understand the reality. Understand the reality.

We can't get things done unless we have the House and the Senate and the White House and the Supreme Court.

So we just have to wait until we have a time when -- what?

STU: Glenn, I have breaking news.
We've got all that! We've got all of that right now.
GLENN: Well, but it's not. Yeah. It's not as big as we need it, really.

STU: Oh, yeah.

GLENN: We have to have the House, the Senate, the White House, and the Supreme Court. But we have to have more than what we said, when we said those things.

We just need those -- you know, all three branches of government. We need all three branches of government, but more.

It's like we need -- we need that turbo, kind of like Obamacare turbo.

It's never quite enough to get the job done.

STU: Never is, Glenn.

I really do expect, if we have a nine-zero Supreme Court, the presidency, and 534 combined Congress men and senators, we can't do this with this guy over here. There's one Democrat in Congress. We can't do this! That's exactly what I would expect.

GLENN: Stand in the way.

STU: It's pathetic. But it reminds you that your goals are not their goals.

You know, that's what -- I keep coming back to. Forever, Glenn when we started this show. I started the show very young. I was in my early 20s. Didn't really understand lots of things. I was unfortunately running from you, which obviously turned into a catastrophe.

But, you know, as I learned here, at the beginning, my thought was, us as conservatives, as Republicans, as the right, agree on a lot of different things. And there are disagreements as to how we get there, right?

There are sometimes people think we need to kind of fold, or we need to compromise. And we have to move slowly.

And some other people there, saying, we have to go all the way right now.

And there's that disagreement. You remember this from going back in history. Right? Slavery was like this.

There were some people who were like, abolish, abolish, abolish. And others were like, gosh, I don't think we can do that. We have to finagle. We have to work around the edges.

Every big debate has had that.

What I've learned is that actually the goals are the same. When we are saying, hey, we need to make sure government is more -- is smaller, more limited. That's not the goal of most of the people. On, quote, unquote, our side in Washington.

GLENN: Nope.

STU: They don't share those goals. So they're working for something completely different.

They're not going to what we want, as -- as a typical American conservative.

We're inching towards some of those goals.

But also, when we need to give up on them. They go the opposite direction to keep these guys in office for a couple of years. Fine!

And that's what's really frustrating here.

GLENN: So let me give you some good news. And then I'll -- and I'll spoil it for you.

But some good news. The House has just passed legislation that makes performing transgender surgeries on minors a felony. Now, here's the bad news: It passed 216 to 211.

That means, really, there are 211 Democrats that actually in their heart of hearts think that cutting into minors, cutting the breasts off. At this point, now that we have all the data that we have gathered over, you know, five years of doing this to children. At this point, there's 211 that firmly believe, yeah, no. Damn it. We should cut off the breasts. The healthy breasts off of a healthy minor. We've got to make those -- we've got to make those decisions. And a 12-year-old make that decision. A 15-year-old should make that decision.

Really? No!

It's just politics. And if they do think they believe it, they believe it because they've been party brainwashed. You know, how many of us, on any -- on any and all sides, how many of us actually believe something and have thought it through, and how many of us are just kind of zombie following the crowd?

I contend most people are just zombies following the crowd.

Whether -- that might be a crowd now of, you know what, Charlie Kirk was killed by his wife!

There's all kinds of zombie crowds. And they don't require you to think at all.
They just require you to sign up for the team. And that's -- that's my biggest problem with the Republicans. Is I'm not on a team.

You know, when I left Fox, Roger Ailes said to me, you know what your problem is? And I said, no. But I know you're going to tell me.

What's my problem?

He said, you won't play the game. He said, you know, there's -- there are well-established rules. If you need a pound of flesh, you take a pound of flesh from me.

But then you owe me a pound of flesh. So when I need a pound of flesh, I'm going to come and take it out of you. And then we go out, and we have dinner with each other.

And I was just astounded that that was actually spoken out loud. And I said, see, here's the problem: I don't believe it is a game.

I actually believe in something. And -- and I thought more people believed in something.

Don't you feel like you just want somebody to go in, like Mr. Smith Goes to Washington, and actually believe in something!

And then when they find out, wait a minute. I've been duped like Mr. Smith Goes to Washington.

They stand up and say, this is wrong!

And I'm not playing that game. And I don't want to play that game. And you kind of, again, there's so many hoops you have to jump through, for this to happen.

Then you actually have to believe that there are other people in the Congress and the Senate, that are like, you know what, he's brave enough to say it. I'm going to stand up next to him.

I mean,, oh, I remember when I was young and naive. And I believed those things would happen.

I still believe they can happen.

But only when the American people return to common sense and demand it.

"It’s a Wonderful Life" - The Amazing UNTOLD Story of the Classic Christmas Movie

It’s a Wonderful Life wasn’t always a beloved classic — in fact, it was a complete failure that nearly destroyed the careers of Frank Capra and Jimmy Stewart. Glenn Beck reveals how a forgotten film, resurrected only because its copyright lapsed, became one of the most meaningful stories in American culture. Through George Bailey’s quiet sacrifices, the movie teaches us that the true measure of a life is often invisible, discovered only through the small acts of faithfulness and love we give along the way. This timeless reminder — that ordinary people can change the world without ever seeing the ripples — is why the film still breaks our hearts, heals our spirits, and reassures us that we mattered.

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me tell you a story that you think you already know. It's about a movie that feels like it's been there our whole lives. It's like a tree in the town square and the hymn. You don't remember learning, but somehow you know it by heart. But this particular movie hasn't been around forever, it just seems like it. It was actually born out of failure. It was born out of exhaustion.

And it was born out of people who felt just like its lead character, George Bailey.

It's a Wonderful Life has a fascinating story behind it. And it speaks volumes about us, our hopes, our fears, our desires.

The movie was made by Frank Capra, and it was right after World War II. Frank Capra had just come back. He didn't come home triumphant. He came home a changed man.

He had spent the war making film for the United States government. The war department.

About why the west is worth saving. This film series. They're fantastic. It's called Why We Fight.

And when he returned, his old style of doing things, the old machinery just didn't fit Hollywood anymore. So he started his own studio. He bet absolutely everything on it.

And It's a Wonderful Life was supposed to be the movie, that proved Frank Capra is still Frank Capra. And it nearly ruined him. The movie lost money. Critics really didn't like it. They mocked how schmaltzy it was. Audiences stayed home.

Jimmy Stewart, this was his first movie that he made, when he came back home from the war. And this was his start. And between Frank Capra and Jimmy Stewart. Oh, my gosh, you've got a massive hit, right?

Nobody came. Nobody watched it. Jimmy Stewart, the most beloved man in America gave a really raw, shaken, almost too real performance for people at the time. He wasn't the cheerful hero that is coming out of war as a victory.

This was a man that was cracking under the weight of responsibility. A man who did everything right, but he still felt like he was a failure.

Any of this sound familiar?

It was a story about what happened during the Depression and the crash of '29. Well, America had been living that forever!

They had been living that since '29. They went through the long Depression.

Then they went through the war. The first thing, out of war, they don't want to watch a movie about how depressing life can be. Okay?

So it was a total failure. Film disappears. Goes into a vault. It's a noble misfire.

Good idea. It just didn't land. Maybe wrong time. Eh. Maybe too schmaltzy. Then something weird happened, everybody forgot about it. And so the rights lapsed. There was no grand relaunch. There was no marketing genius, just a legal oversight that let the rights lapse.

Enter Ted Turner.

Ted Turner and Super Station TBS. Remember Super Station TBS when he bought a bunch of stations across the country, and he tied them all together.

And then cable came in, and Super Station TBS became TBS. Turner, while he was looking on super station TBS. They needed some holiday programming. And they needed it cheap. And when I say cheap, what they -- what Ted really meant was tree. We need a bunch of free programming, that we can run all Christmas.

Okay?

No rights. No royalties.

What is out there?

The vaults opened up, and lo and behold, they find It's a Wonderful Life.

Suddenly, it appears in our life, and I don't know about you. I always thought it had been around forever. It did seem like it was a new relaunch.
It was like, hey, did you hear about this new movie?

It was just there and on. We thought everybody knew about it. Nobody knew about it. Our grandparents probably didn't know we knew about it, because it was a massive failure. It's on afternoons, late nights. It's on mornings.

It's everywhere. It's everywhere. Black and white snow flickering on the living rooms. As we are playing on the floor. We as the adults are half listening, half watching. And slowly, slowly, its message found us.

It found us this time, because America had changed.

We weren't fresh from it despair. And we weren't fresh from victory anymore.

We weren't those people. It wasn't so close to us, that we didn't want to look at us!
Yes, we were tired. We were busy. We were stretched thin.

But we were also a group now that measured our lives in promotions. And in square footage. And bank balances.

We were starting to become a little Mr. Potter-like. And we didn't want to be Mr. Potter.

And there on the screen is George Bailey, standing on the bridge, wondering, would the world be better without me? He's not a villain. He's not a loser.

He's actually a really good man.
He's the best of us. And that's why it still works.

Think of all the happy endings and all we have, and everything else. And all of the stories that we tell ourselves.

This movie doesn't tell you, that life will turn out the way you planned.

This one tells you something much, much harder. That the measure of your life is probably going to be invisible to you, while you're living your life.

Because Clarence ain't coming down in his 1800s clothing, and having a hot toddy with you.

So you probably won't know the real measure of your life. And the biggest victories in your life don't come with applause. And the sacrifice, it usually doesn't feel heroic at the moment. It just feels like sacrifice. And crap. Why me. Why me?
Why don't I ever get the adventure that I planned my whole life? Remember, George never left Bedford Falls. He never becomes famous. He just stays. And he shows up. And he keeps his promises. And he holds people together.

What is the real -- what's the real miracle of the film?

Because it's not Clarence. It's not the bells.

It's not him getting his life back. The real miracle is the ledger. That's the miracle. The names, the faces, the small kindness, you all stacked you up, one on top of each other, until you realize, oh, my gosh. All of those little acts, they amount to a life that actually mattered. We're all looking for the big splashy -- he didn't get any of those. He didn't get that.

And that's why he felt like he was a failure. That's why when the town shows up in the end, and they're all giving just a few dollars, it breaks us every single time. Because deep down, we're not watching George Bailey. Deep down, we're checking our own books, our own ledger. Did I? Do I matter to anybody? Would I be missed? Do the things I gave up -- the things I really wanted to do in life, but because something else came up. I had to serve, I had to do this for my kids. Or I had to do this -- the things I gave up, does it mean anything?

This film answers it with a whisper. It doesn't shout it. It whispers.

You'll never fully know the good you've done. I can't give you an answer. You'll never know it. You'll never see the ripples while you're standing in the water.

But they're there. Believe me, they're there.

So this year, when you either just have it running, while you're all in the kitchen. And you're watching time to time. Oh, I love this part. I love this part.

And everybody gets quiet and you just curl on the couch and watch it again, remember, you're not watching a Christmas movie.

What you're watching is a reminder that life doesn't have to be loud to be important.

That staying can be braver than leaving. That loving your family and your neighbors and your town, imperfect as it is, that's not settling.

It's choosing. And whether Ted Turner knew it or not, I can guarantee you, that Jimmy Stewart did. And Frank Capra certainly did.

That every time you see that, why we, year after year, when the snow starts falling in that old piano theme play as we comes back. Not for the nostalgia. But for the reassurance.

Because every once in a while, all of us need somebody just to look us in the eye and say, you're here!

You mattered.

And it is a wonderful life.

How Trump TRICKED the media with his presidential address

President Trump recently addressed the nation about his administration’s many accomplishments over its first year. Glenn Beck reviews the best moments of the speech, as well as some moments he doesn’t believe will age well. Plus…did Trump trick the media into playing his highlight reel by making them think he would declare war with Venezuela?

Transcript

Below is a rush transcript that may contain errors

GLENN: So last night, the President spoke, and, you know, he started out.

It was -- it was -- let me give you the overall first. I've never seen him more disciplined.

I think the speech was like, I don't know. It was over by 20 minutes after. And I think he ran six minutes late. I mean, I've never seen -- he doesn't say hello in less than 20 minutes.

He stayed on script the whole time. He was extraordinarily disciplined. He was forceful with it. And he explained what has been done in the last year. And he started out saying, a year ago, our country was dead. Now we're the hottest country. We're the hottest country in the world right now. Nobody has ever seen anything like it.

He said, you know, when he took -- when he took over, inflation was the worst in 48 years.

Caused prices to be higher than ever. Making life unaffordable for millions of Americans. And he said, over the past 11 months, we brought more positive change to Washington than any administration in American history.

Never been anything like it.

He talked about successfully negotiating $18 trillion of investments into the country.

And he said, but the real problem for most Americans was under Biden, car prices rose 22 percent in many states. He said, 30 percent or more. Gasoline rose 30 to 50 percent.

Hotel rates raised 37 percent. Airfare rose 31 percent. And he said, they're all coming down. They're coming down fast. Faster than anybody expected. Drugs, brought by ocean and sea are now down by 94 percent. He said, we broke the grip of sinister woke radicals in our schools.

I restored American strength, settled eight wars in ten months, destroyed the Iran nuclear threat. And ended a war in Gaza, bringing for the first time in 3,000 years, peace to the Middle East.
Then he talked about, you know, what's coming next!

Now, here are my thoughts on this: You know, everybody was speculating, he's going to say we're going to war. What would give you that impression?

I mean, he doesn't -- that is the very last resort. And we are not out of tricks with Venezuela.

I don't think we're going to war with Venezuela.

I think he's making it look like we're going to war, to freak Venezuela out.

And to get Maduro out.

I don't think we're going into war.

I hope we're not. I could be wrong.

But I just don't think that's his deal.

Everybody is speculating, he will announce we're going to war.

No. He's not.

However, is it possible that they were leaking this?

Because I saw this as the kickoff of the campaign. I saw this as okay. This is the message for 2026 for the Republicans.

And it was so disciplined and -- and so tight. You know, he gets -- when the president calls a speech at night and says, he wants to address the nation be, the networks are asked to carry it.

Sometimes they don't. They don't have to. But if he said, look, I only need 20 minutes, I'm sure that everybody at NBC. I mean, I did. Rolled my eyes. Yeah. It will be 20 minutes.

It will be an hour and 20 minutes. But it was tight and focused in 20 minutes.

I wonder if the war thing wasn't a way to get them to cover this.

If -- if it wasn't a leak from the White House. You know, I think he might. I think he might announce war tonight. Then everybody will cover it. I don't know.

Maybe that's me being too sinal. I don't know. Can you be too cynical at this point?

Here's the thing. He said a couple of things that I didn't think will serve him well. And it's only because -- and I think you feel the same way.

I know I'm sick of it. And I've been reporting on it since the beginning of Obama.

And I hated it when Obama was doing it. And he did it for eight years. Biden did it for four years.

And here's the line: I inherited a mess. I inherited trouble. I'm cleaning up somebody else's mess.

True. It's absolutely true. It wasn't with Biden.

It kind of was with Obama, at the beginning.

But, you know, when you're seven years into it. You haven't cleaned that up yet?

I mean, you've got to get a bigger mop. But it's definitely true under Donald Trump. However, people have heard that now from the last three presidents.

And they're tired of it. It has no meaning anymore. Even though it's true.

And I want to go back to truth here in a second. The other thing that I don't think will serve him well is the economy is doing better than ever.

You're going to love it. It's great. People are not -- that might be true!

In my opinion, it's not. It is doing much, much better.

I mean, you know, you -- you had -- what was it?

Twenty-five percent. Thirty percent inflation added to everything? You've got to go into negative inflation to be able to get those prices down. They're going to be up there. And what's happening is, we still are adding 2 percent inflation. And that's the target. I don't know why we put up with that target, but that's the target.

So you'll have 2 percent price increases every year. Now, we're at 3 percent. We get the numbers out today.

It might go into the twos. Are they out yet?

STU: Yeah. 2.7, the number out today.

GLENN: 2.7 that's great.

STU: Yeah, it's better. It's going the right direction. They say part of that might be because the government shutdown, so we're not sure how long that lasts, but positive movement anyway.

GLENN: Yeah, so that's fantastic! So coming down to 2.7. Remember, we were at 9, and it was compounding year after year after year.

So he is bringing things down. And the price of some things like gasoline and eggs. And some of the stuff you get at the grocery, are way down. They're not back to where they were in 2016. Or 2020.

Because, I mean, he's just trying to stop the inflation.
So what's happening, and this is what I say, will serve him well is, there was this great marketing book out in the '80s called Positioning the Battlefields of Your Mind -- or, Battleground of Your Mind.

And it was a book that led to the Cola Wars. It was the understanding of the Cola Wars and how Pepsi could beat Coca-Cola.

They had to change the perception. And the perception was, that Coca-Cola was it!

And Pepsi had to change it, and that's why they became the choice of a new generation. And for a while, Pepsi was -- it may have even beaten Coke.

But there was this real Cola War back and forth the whole time. They didn't change the flavors. They didn't change anything.

Pepsi was what Pepsi always had been. Coca-Cola was what Coca-Cola had always been.

They needed to change the perception, okay? Because perception, whether it's true or not, perception is reality.

Whatever people perceive, and feel, is their reality.

So it's the reality that you have to deal with.

People don't feel the relief yet. They see the prices coming down. But they're still paying out the same amount of money that they were paying out under Joe Biden.

It's not getting worse. Except, by 2.7 percent overall.

But it's -- it's not getting better to them. You know, certain categories are.

But overall, you're still struggling with your rent and everything else!

And so people's perception is: It -- it's not what I expected. Because what I expected was 2019!

I expected to have jobs and the economy rolling. And the price of housing coming down. And everything else.

And it's not.

So what's not going to serve him well is saying, "Your perception is wrong." He might be right! It doesn't matter! You can't tell people their perception is wrong. You have to change that perception.

And the only way to really change it is to demonstrate it, or through ads, you know, back in the Cola War era, they just changed slogans and do ads and everything else. But people don't buy slogans anymore. They don't buy ads anymore. They don't even trust logos anymore. So that won't work.

You actually have to change people's lives to change their perception. Now, 25 percent last month said that they felt that their personal finances were doing better. That was last month. Or the month before last.

This last month, it's up to 27 percent.

So he's moving that in the right direction. But to win, you've got to be over 40 percent.

Easy over 40 percent have to feel like their personal finances are getting better. 27 percent is not enough. But it is moving in the right direction.

So when the president says he's got to relate to the people who steal -- who have defended him, liked him, and believe in him, he's got to say, I know you're feeling the pinch.

You know, one of the things he said last night. But I don't think it's connected yet to people.

And it's because it's absolutely true. Why do you think that you are spending more every month for your rent?

Why?

You're spending more on rent, because there's too many people chasing too few houses and apartments.

You cannot add ten to 15 million people in four years, while you're not building things. You can't add 10 million people into your country and say, oh, by the way. Go get housing.

Where are they going to get the housing?

The housing, you're going to have a shortage, which will cause the prices to go up.

So until you get rid of those 10 million people. You're not going to lower the price.

And especially if the government is subsidizing them.

Because, I mean, look at the NGOs. If people know, the government will pay. They will keep the price up. What would happen with NGOs. Look what's happening with universities. Why do you think universities are so expensive?

They weren't like that. Until the government said, we will guarantee the loans. Once the government said, we'll guarantee the loans, prices went true the roof because everybody could get a loan!

That's the problem. He's got to connect this, and I think he started last night. He's done it a few times. But somewhere or another, it's really got to connect with the American people.
You cannot solve the housing crisis and not solve the immigration crisis. You have to send people back home, or you're going to have to wait five years, as we build new apartment complexes and new buildings. And we stabilize under these ten million new homes that were needed.

That's not popular. And nobody is going to wait that long. Somehow or another, he's got to make that point. And it's got to connect with people, to give him more time to turn things around, on the housing.

Now, he also was really strong in saying that he was appointing -- wait until you meet the guy to appoint the head of the Fed.

Well, I would like to meet that person too. I would like to know who that is. He said he will do it right after the first of the year. Because our Fed chair is leaving, after the first of the year in February. And he said he's a guy who understands low interest rates. And, you know, low mortgage rates, looser money. That could be really dangerous with -- with inflation, but we'll see.

But that could be a turning point, one way or the other, a new Fed chair will be a new turning point.

And hopefully, Trump and this new Fed chair know what they're doing, and it won't make things worse.

But I don't know how you can with the Fed. I mean, they've already made everything so bad.