RADIOApril 11, 2023

Financial expert ANSWERS: Should you pay off your debt NOW?

Carol Roth, financial expert and author of ‘You Will Own Nothing,’ joins Glenn to discuss what our economy could be facing next. We may soon experience ‘inflation like you can’t believe,’ Glenn says, so is NOW the time to pay off all your debt? Roth, who does not provide financial advice but rather gives the information you need to make your own, informed decisions, explains why paying off all your investment debts (like a mortgage) NOW may actually be less beneficial in the long run…

Transcript

Below is a rush transcript that may contain errors

GLENN: So we have Carol Roth on. And this hour of the broad and podcast, we have been talking about the Fed Now system. And how that system by itself is not anything to do with the digital dollar.

However, it does make the digital dollar, should they introduce it, more effective.

And they could settle in realtime, just like Bitcoin now can do.

And so it's important that you know, that this is a needed step for the modern world.

However, I don't trust them on anything that they do.

So when they say, no, this is it. That's all we're doing. Don't believe that. Don't believe that. But understand, the Fed Now system is different than a digital dollar.

We have Carol Roth in. And before we get into this next thing, Carol, I want to share with you an experience I had with a friend the other day.

And this friend is somebody who will like, come to me and say, okay. Better worse, or about the same?

And they don't want to -- they don't want to look at things. Because they were hoping I was wrong. I hope that I'm wrong. I hope we find a way to turn this around. I don't think we're going to, just based on past performance. But we could.

And they've kind of wanted to not be so freaked out by it. And I understand it.

But they said something to me, that I immediately connected with. And I think it's important to say, to you, the audience, that -- because you might go through this. And don't fear it.

There was a time I said, off-air. When we were back -- this was back 2012, when everything was coming clearer on the path that we were on. And I used to say, every day, when I would get off the air, I would say -- I would just burst out in tears, and I would say, I feel like I'm watching my child, smothered in a crib, and I can't do anything. And no one will listen to stop it.

And it is just trauma every day. Because I loved my country. And I saw that we are headed in exactly the wrong way. And no one will do anything.

And this is intentional. And so I went through that period. But I got past it. And I realized now, that is just one of the phases of grief.

You are going to go through grief, as we lose some of the things, that we have always traditionally known.

It's better to do it now. Than it is, when the time comes. You won't have time for the grief then.

People will be grieving. You have to help them.

You have to be logical, and think your way through everything.

So embrace it.

Learn, get your morning over with, so you're strong and back up on your feet, when these things come. Would you agree with that?

CAROL: Yeah. Yeah. I would like to share too, I have gone through that personally. My husband has gone through that personally. This is something that everybody who has been following this, this is part of the process. I called it smothering the baby. For me, it was the train in slow motion, going off the tracks, and feeling like you can't stop it.

And the reality is, we may not be able to stop the train from going off the tracks. But I can't personally take shelter.

That's what you have to do. You cannot panic here.

You have to prepare. And say, what is it that I can do?

I may not be able to stop the huge financial order. That's a huge, tall order. But what can I do in my life? To make myself more prepared? Then if things go badly, at least I know I can get through that difficult period. My family, my friends can do that. And the more people you educate and work with together, on a community level.

I think the more opportunities you're going to have to share, to cope, to work together

So it's really about taking that personal responsibility, and controlling the peace that you can.

GLENN: And I think this is really important.

You bring up the train. I like that a lot.

Because if you're on the train. You need to prepare. You need to secure yourself and prepare for impact.

That is critically important. If you're watching the train. You're not on the train, you see it coming.

You need to say, it blankets. Get a -- call the ambulance.

Get some doctors here.

We need some help. So you prepare, whether we're on it or off it. And that's critical. And I believe that's where this audience is meant to be.

Those people that help others. So let me go back to the fed.

We were talking about what is coming. And honestly, I have had people say to me. Glenn, we can sell our national parks.

I'm like, what? I don't want to sell our national parks. And they said, we're off the gold standard. We're off the oil. But we have all kinds of things we can back a dollar with.

Uh-huh. I don't like probably any of the solutions, they would come up with. However, they have come up with another solution. And it's called modern monetary theory.

And I've explained it in one of my books. I think two of my books. It's important to understand. But the just of it is, the government can spend as much as it wants. And they can print as much money.

Now, you would say, well, what about inflation?

They say, as long as we can control the spending down to the level of the individual, this is why it's never worked. Because they've had to do mass things like, you know, raise the -- you know, the finance rates.

Raise the loan rates. And that just doesn't work, and you're playing. It's not an accurate science. And it's behind the spending.

So you're always playing catchup. Or you're prognosticating. And that's always bad. This, a digital currency. Can actually stop the spending today, on certain products.

It can also then ration today, by the way, having to have some system that everybody has to know.

That's their way out of the inflation, that we are going to have to print, and the fed is going to have to buy, and put on their books.

Do you agree or disagree, Carol?

CAROL: So I will say, that's what they believe to be their way out of inflation perhaps.

GLENN: Oh, yeah.

CAROL: Is I call them MMT magic money tree. It's a theory, that people that believe in unicorns. Believe in.

They say there's an element of control there. That's why, real modern monetary theory has never been tried. And every time it's been tried, it hasn't worked. But they're looking for that element of control. And what you have to understand, imagine that every dollar that you had in your pocket, had a micro chip in it.

And that somebody else could track everything that you do, and regardless, of whether it's that they want control you from a social credit standpoint, or they want to control you from a monetary theory standpoint, they can make the decisions, to let you access that money that is yours. That is supposed to be able to, by the way, a proxy for your productivity.

You know, Glenn, you mentioned, what backs the US dollar? What backs the US dollar, is American productivity and ingenuity.

That's the backing of it. That's what it's supposed to stand for. But every time that you say, okay. Productivity is equal to this unit of money, and then you go and you print more money, well, you just devalued that equation. So that is what they're going to do.

And they're going to try to do that as a conduit to get themselves out of it. Which, by the way, won't work. Because there are things called logic and reason and math.

GLENN: Yes. Yes. But it will give them control. And people will say that's a conspiracy theory.

Let me play something from Christine LaGuardia. From the French central bank. Their Federal Reserve. Listen to this exchange she's having with somebody she thinks is Vladimir Zelinsky.

Listen to this.

GLENN: There are many protests in Europe against the electronic euro. No, the problem is, they don't want to be controlled.

They don't want to --

VOICE: Yeah. But you know what. You know what.

Now we have in Europe, this threshold, above 1,000 euros.

You cannot pay in cash. If you do, you are on the gray market.

So you take your risk.

You get caught. You are fined. Or you go to jail.

But, you know, the -- the digital euro is going to have a limited amount of control. They will be controlled. Right.

You're completely right.

We are considering whether for very small amounts. You know, anything that is around 300, 400 euros. We could have a mechanism, where there is zero control. But that could be dangerous.

The terrorist attacks on France. About ten years ago. And highly financed by those very small anonymous credit cards, that you can recharge in total anonymity.

GLENN: Unbelievable.

So there will be control.

But we're going to let people have like $500, that they could spend, that won't be tracked. But we're not sure. Because that's the way terrorists would use it. That's total control.

CAROL: Let me read you another thing.

This is, by the way, on the White House's website. So I can tweet out the link to it. But in March of 2021, President Biden made remarks to the Business Roundtable. Which is, you know, all of the major company CEOs in the United States

And said, you know, I believe we're at an reflection point in the world economy, not just the world economy in the world.

It occurs every three or four generations. Dot, dot, dot. And now, at a time when things are shifting. There will be a New World Order out there.

And he says, we have to lead it.

The question you have to ask yourself is, who is we?

Because I'm pretty sure, Glenn, that you're not in we, I'm in we, your listeners are not in the we. It's all of those people who are working together, to control, to jockey, to position themselves, to control every finite resource out there. Because they see it.

They have told us, they see this shift is happening. They're working. All these things that are happening, are working. So that they can control every resource. And make sure, you will own nothing.

That is where that comes from.

GLENN: We're with Carol Roth. Carol, you stay with me, one more break.

The number one question that comes in from listeners for you.

Is should I pay off all my debts?

What should I do?

Because if you're right, inflation like you can't believe, is coming through. So what does that mean?

Get that answer from you, here in just a second.

You know the value of a dollar, right?

No, I don't. And I don't know the value of $20. How far is 20 bucks going to get you. My gosh, I went in to buy a roast for Easter. And my eyes almost fell out of my head.

I could not believe how expensive everything -- and that's inflation. That is what is coming, times a thousand.

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(OUT AT 10:48 AM)

GLENN: Carol Roth is with us now. She's the author of the new book, you will own nothing. It is based on the great reset. And what is coming in our country. It is also a great companion book. Comes out about the same time, with my book called Dark Future.

I show all of the things that are in place, and planning now for the second phase of the great reset. That will boggle your mind.

But she goes down and the bets into the nitty-gritty on what should you do, and what is coming. So let's go there. Because one of the real questions. I hear this all the time. Why don't I just go out and a buy a a bunch of stuff. Because then I could have a loan at a low interest rate, and then I'll pay it off, and then with inflated dollars. That seems scary.

CAROL: Yeah. So people sometimes don't differentiate between the debt that is used for spending, and debt that is used for investing.

There's good and bad debt. You don't want to be taking on debt for your spending, but you want to be able to use it productively for an investment.

If you can get a better return on your investment than the cost you have to pay for the debt, by using it.

One of the reasons people take out debt for a house over time, right?

So that's one of the big questions that I've been getting. And there seems to be a lot of confusion about what happens to debt, if everything goes south, and we end up in hyperinflation. People are saying, we end up in this hyperinflation scenario. Does it make sense for me to pay off my debt now? And so I just want to walk through the thought process on this. If the dollar loses purchasing power, it's actually good for your fixed rate debt. So assuming your house has a fixed interest rate on it, and you have a fixed amount of debt on it. Let's say as an extreme example, the prices of everything doubled due to the dollar degradation. Well, then your debt is really in a sense worth half as much as it is today. In the future.

So you have to be thinking about it, in that sense. Do you really want to take something out of your investments and pay that down, as a solution if your debt is going to have -- you know, be, quote, unquote, worth less in the future on a relative basis. So, again, I'm not a financial adviser.

This is not financial advice. But just giving people things to think through, because your audience is so fabulous. They send me questions all the time. And that is one of the big areas of misunderstanding. Is what should I do?

Now paying down debt from a behavioral standpoint, is always a good thing. Paying down debt on your spending is always a good thing. But something that is for an investment, you know, if you're worried about what happens to it, during hyperinflation, it's actually the inverse of what you're thinking.

GLENN: Carol, thank you. How do people contact you, by the way?

CAROL: Yeah. So CarolRoth.com. There's a contact form there. And then as you had mentioned, the new book, you will own nothing is on pre-order. Companion people are buying yours and mine together. And like you said, most importantly thing is mine does have that action plan.

You learn all the things that are happening, like you learn in your book, Dark Future.

But how to fight back. This is about how we can actually own everything. This isn't a scare tactic.

The idea is to inform and make sure that you own everything.

We want you to still be able to have the American dream.

GLENN: That is so important. Books really do make a good companion to each other. We kind of have worked on them kind of in a way, that way.

CAROL: Yes. Together.

GLENN: So you can understand the big picture. Know what is real, what is not real, and then, what do I do about it?

The book, mine is Dark Future. You can order it now.

Hers is, you will own nothing, by Carol Roth. Order them together, wherever you buy your books.

Carol, thank you so much.

CAROL: Thanks as always, Glenn.

GLENN: God bless.

Exposed: How Schools Are Failing Boys and Fueling the ADHD Crisis

Is ADHD a scam? As diagnosis levels (and Adderall sales) have skyrocketed, the New York Times recently reported that experts are now questioning whether they’ve been thinking about ADHD all wrong. Glenn and Stu debate whether the real cause of ADHD symptoms is not a chemical imbalance, but instead how we treat our boys. As pointed out in commentary from the Daily Wire, our education system has been feminized, our kids have been distracted by smart phones, and our doctors have pushed medication on them. Maybe the real solution is much simpler: let boys be boys!

Transcript

Below is a rush transcript that may contain errors

GLENN: So even though Stu doesn't want you to hear this news.

STU: I don't.

GLENN: Doesn't want you to hear this news. Because he hates children.

STU: I do? I have two of them.

GLENN: Yeah. Well, Mengele liked them in pairs too. So...

STU: Wow. That went really dark, really fast.

GLENN: I do have --

STU: We're like ten seconds into the hour.

GLENN: I'm like launching nuclear weapons. Yeah. We should probably build up to that one.

Anyway, there's a new article out now that talks about ADHD. And it's come from the left.

And the experts. That they're now starting to say, I don't know.

Maybe -- maybe -- maybe not everything we thought was true, about ADHD. And I think this story was written by Matt Walsh, who was great.

Whoever wrote this for the daily wire was great.

More than 21 percent of 14-year-old boys in this country, now supposedly suffer from ADHD. The number goes up to 23 percent for 17-year-old boys. As a result, prescriptions for drugs like Ritalin and Adderall has skyrocketed. Just want you to know, that's speed.

From 2012 to 2022, the total number of prescriptions for stimulants, to treat ADHD increased dramatically by nearly 60 percent. From 2012, in a ten-year period, we've gone up with 60 percent prescription.

Between the ages of 10 to 14, the demographic saw the highest increase in these prescriptions. So he writes, and I think this is such a great observation. For decades, you have been instructed to believe that there's no significance to this correlation whatsoever. And here it is: As women increasingly enter the workforce and replace men in teaching jobs, we're not supposed to dray any conclusions about how the behavior of male children is now being addressed.

The truth is, we've been told, not that effeminized education system has increasingly punished normal male behavior it doesn't understand. It's not that schools have lost their capacity to educate male students, it's that -- it's not that smartphone use and electronics in general have become distractions. Teachers have been unable to control.

Instead, we're led to believe that boys have suddenly become afflicted with a severe psychological disorder.

Okay. I -- you know, this is the first time, I had ever heard this about, you know, how we effeminized things. And we have. We have diminished boys, but I grew up in a school. I don't think I had a male teacher until I was in high school. I had all-female teachers. There weren't a lot of nuns that were, oh, my gosh. I remember that really -- I remember that really male-like -- maybe she was a man, but identified as a nun.

I'm not sure.

STU: You, of course -- to put it gently, are not exactly a recent student -- you know.

GLENN: It's better than where I thought he was going, Sara. I thought he was going, you're not really a man.

STU: No. But you're right. There are --

GLENN: Right.

STU: There are surely more female teachers just because of the workforce changes. That was a pretty -- all my teachers that I could remember were female too.

GLENN: Right. One thing that has changed though, is we just dismiss boys entirely.

I mean, it's all focused on girls, right now. All of it. It's science. Everything is just push the girls. Push the girls.

You can be anything. Shut up, sit down. Have some Ritalin. To the boys.

And that's a problem. I have to tell you, as a parent, you probably have recognized this. Does Lisa understand your daughter better than you do, and I understand your son?

STU: I get the point you're going at. I don't necessarily that it -- some ways she understands my daughter. We talk about this often.

GLENN: Because I walk in. I am just clueless. I have no idea. I walk in as a dad, and I'm like, hey, put some pants on, will you? And my daughter is like (crying). And I'm like, what the hell did I just say?

And my wife just looks at me like, you don't say that to her. I'm like, okay. But she'll say that to my son, and my son doesn't go (crying).

STU: Right. They're different.

GLENN: I know. They are. They are.

And I can relate -- for instance, my wife she will say something. And I know how she means it. Because I'm an adult.

But I can hear what Rafe hears.

STU: Right. Yes.

GLENN: Because I heard it from my mom, and I realized, no, that's not what my mom meant.

But you hear, pick up your room! You're always a mess. You're always this. And that's not what she said, you know what I mean? It's true.

It's not --

STU: As they get sound bite teenage years, in particular. It's really difficult.

GLENN: That's what I mean. Is the teenage years.

I have no idea.

Like I had no idea how mean girls are. Oh, my gosh.

They are vicious. I would much rather be put into a room of rabid boys.

Than normal girls. They are dangerous!

STU: Guys can be jerks, but they are --

GLENN: They're stupid jerks.

STU: Yeah, it's just kind of nonsensical stuff.

Girls dig. They dig for the wounds.

Yeah.

GLENN: Oh, my gosh. They'll cut you open, and then they'll eat your heart while you're still watching.

I mean, it's horrible.

Anyway, so the article goes on to say, about how some of these -- some of these studies.

And they point one out.

The University of Central Florida conducted a grand experiment where they put a child in front of a computer. And it shows the video in this.

The research -- by the way, you can get this article at GlennBeck.com. You just sign up for my free email newsletter. Get all the stories we talk about every day.

Research shows the child two separate videos. One was a video about mathematics, and it involves a teacher talking about basic addition, subtraction, and multiplication.

The other video was the pod racing scene from Star Wars.

Now, you'll never guess what they discovered.

STU: Oh, what did they discover?

GLENN: They discovered that when the math lecture was going on, the kids started spinning in his chair. And he was fidgeting, and not paying attention. But when the child was watching the pod --

STU: Oh, my gosh. ADD.

GLENN: Yes. Something deeply psychologically wrong that kid, right?

STU: You're telling me, when they showed the one good scene from the first prequel, they were interested. Wow, it's shocking.

GLENN: The rest of the movie is like math.

STU: Yeah, give me the one that is the pod racing scene versus the trade dispute scene from the Star Wars. Why go to anything else? Just do the Star Wars scene.

GLENN: Right. It doesn't prove anything.

STU: It proves, that there wasn't a lot of good scenes in the first Star Wars.

GLENN: Wait a minute. I just did a study with my kids. They like sugary cereal over Bran Flakes.

STU: Oh, my gosh. They can't stand focused on the Bran Flakes.

GLENN: No, I have to get them on LSD or something.

STU: We are looking for these diagnoses. To diagnosis kids in this way, I think often. It doesn't mean that there aren't some that have these types of issues. You know, when you refer to that article. You said Matt Walsh wrote this?

GLENN: I don't know. It's from Daily Wire.

STU: Daily Wire is great. We love The Daily Wire guys. Obviously, the one I had read was some scientific -- I thought you were referring to a different story, where they didn't say it was a scam.

Obviously, it's an opinion to say it was a scam.

GLENN: No, yeah, it's a pretty strong opinion.

STU: It might be the right one. I don't know. But I was referring to a different article, which is why I was confused, as to the framing of it.

GLENN: Right. Right. Right.

STU: I think there are kids that are affected with -- real trouble in school. Focusing on things.

GLENN: Of course.

STU: That was maybe a little bit more than they could handle.

GLENN: But that's not a psychological disorder.

STU: Right.

GLENN: It's not.

All kids are wired differently. Boys and girls are wired differently in the first place.

That's one of the things that AI can produce. That will be good.

With you as a parent, overseeing it every step of the way.

Is it will -- it will adapt to the way you learn. Because everybody learns differently. You know. There are kids that just -- they're into math. And I don't get it.

And they can talk about math all day long. And they've lost me.

But a kid that likes to learn through stories, I'm there all day for them.

I'm there all day.

And I was the same way. I'm a visual learner.

I'm a story -- you know, I learn from stories. And if I have a really boring teacher, some of the kids are really going to love that teacher, because he's just all about facts, and just gets it all out and can explain it in facts. That doesn't help me. It doesn't help me.

It doesn't mean I have a psychological.

Well, let me make it clear.

That by itself, does not indicate that I have a deep psychological problem.

Okay?

Other things, might.

But not that. That's just everybody is different!

Especially the difference between boys and girls.

And here's what they said, the conclusion was that ADHD is triggered by cognitively demanding tasks.

No. No, it's not.

No, it's not. I was painting yesterday. And I can't tell you how many times, I just kind of like was holding the brush. And I walked around the house, and I was like, oh, wait a minute. I was painting. I mean, I just get -- you know, lose train of thought. I start thinking about something else. And, oh, wait. I've got to go back into the art room and paint.

You know, I don't know if anybody else is like that. But, you know, it's honestly, it's kind of like going to the fridge all the time.

You know, there's no reason to go to the fridge and just stare at the fridge that you just opened up and stared at, you know.

That's not a deep psychological problem.

It's just the way you're wired.

STU: Is that fat?

GLENN: Yes, the fat is directly wired right to my brain. Right to the brain.

STU: Right to the brain.

GLENN: Right to the brain. So I personally think a lot of things are solved -- and not for everybody.

Not universally. But are solved by understanding that we're all different.

And then, you know, just not being such a namby-pamby, wishy-washy society.

That's trying to understand everything.

Did you ever see the south park episode on ADHD? Listen to this.

VOICE: Hello, I'm Dr. Richard Shea, here to tell you about my exciting new drug-free treatment for children with Attention Deficit Disorder.

VOICE: This treatment is fast and effective. And do not use -- apply treatment to the first child.

VOICE: Sit down and study!

Sit down and study!

Stop crying and do your school work!

If you would like more information on this treatment, please wait for this free brochure, entitled --

GLENN: So part of it is, part of it is --

STU: You should hit kids more is what you're saying.

GLENN: No, what I'm saying is -- and this is a very broad brush. One of the things we have a problem with now, is just saying, knock it off. Study. Knock it off.

Focus. And I know not everybody can.

But if you couple that with actually knowing that kids are different and trying to find the best way for your kids to learn.

Because it's not. That's the problem.

Honestly, with big class sizes. And a lot of public schools. Public schools are made for everybody to be the same.

Okay? Everybody has to be the same. Well, they're not the same. Some kids, some kids learn really well in that atmosphere. Some kids don't.

It's not one-size-fits-all.

And they're not teaching you, you know, it's a lot more exciting when you are learning things. I mean, honestly, how many times have you heard your kids say, your kids aren't teenagers yet. So you'll start to hear this.

STU: One is, yeah.

GLENN: Really? How old?

STU: Zach is 13. About to turn 14, yeah.

GLENN: Wow. He's about to be married and have kids, or at least just have kids.

STU: Please no.

GLENN: So, you know, you'll hear from your kids, why am I -- why do I have to know this?

Why am I memorizing this?

I'll never use this. I'll never use this.

And as a parent, you want to say, you're right.

There's no reason you need to know. Memorize that name and that year.

STU: I tell my kids all the time, AI is coming. You're not going to have to know anything. All you have to do is type it in, and it will do all the work for you. Don't worry about it. Never learn another thing, son.

GLENN: Might not be a good idea. see, I don't tell them it's coming. I tell them, it's already here. Why are you working on that? Why are you questioning?

Have -- just take a picture of it, give it to Grok, and it will finish it!

But there's -- we have to start -- we have to start going back to a lot of the common sense, you know, that we used to have.

And there's a lot of things that were really bad.

I mean, you know, I was afraid of our principal. It was Sister Una. Okay. That just says enough right there. Sister Una. And she had a paddle that she hung up in her office, that she made herself.

And it was a wood paddle, and she had drilled holes in it to pick up speed, so there wasn't real resistance.

STU: Oh, yeah.

GLENN: Oh, my. And, you know, she was proud of it. She was proud of it.

But you know what I was more afraid of? I mean, I would have taken the paddling, give it to me twice as hard, sister, just let's keep this between us. Just don't call my parents. Okay?

We don't have that anymore. We don't have that anymore.

And there's some things that come from discipline.

Some things that come from kids being different.

And some, you know, because they do have an issue.

You know, you can't -- you can't talk a kid out of, you know, dyslexia.

You can't understand your way out of dyslexia.

You can't, you know -- you can't do anything, except understand that that makes your child different. And there are ways for them to learn.

But the worst thing for them to do is to medicate your child, so they don't adapt.

They have to -- you either are wildly successful, or you're going to live under a bridge, if you have ADD.

You decide. You either adapt to it, and use it as a strength, or you just, you don't adapt to it, and you just are crushed by the rest of your life.

Trump’s Bombshell Move: Why Harvard’s $2.2B Taxpayer Cash Got Slashed

President Trump has frozen $2.2 billion in taxpayer-funded grants for Harvard University after it refused to stop its DEI initiatives and make other policy changes. But does Harvard even need our money? Glenn explains why he believes the government shouldn’t fund ANY Ivy League school. Plus, he dives into Harvard’s sketchy history that proves the radical protests on its campus are nothing new.

Transcript

Below is a rush transcript that may contain errors

GLENN: So the Trump administration has -- has frozen billions of dollars in federal funding for Harvard.

Because, the Ivy League is refusing to comply to, hey. Let's not let people say, let's kill all the Jews on campus. I don't know.

Seems pretty easy. You know, if you want your money spent, you know, there. Go ahead.

I'm -- I'm really done with the university thing. I'm way past that.

You know, Harvard, you know, you have more money than Jesus.

Okay? And I know, at the time, he didn't have pockets. So he didn't have a lot of money. But the guys who were out there, collecting money for them. Now they have a lot. And you have more!

I'm done bailing your ass out. You don't pay taxes. And I'm still paying for you?

No!

You get no federal money.

STU: Absolutely no reason to be giving Harvard one dime, ever.

GLENN: No. Not a dime.

None of these ivy leagues. No.

Not a single dime.

STU: They have $50 billion in endowment. That they could just milk forever. And let everyone go to the college for free if they wanted to.

GLENN: I think it's more than that.

They should look it up. It's a lot more than that. But these Ivy League schools. There's no reason, that they're paying for them.

None. None.

Why?

Why should we send them a dime? Especially when they're doing the same thing.

Look, this is not new. This whole thing of hating the Jews.

This is exactly what they did in the 1930s. You know, they were -- they were overlooking any kind of anti-Semitism.

And it was all driven by elitism. It was all driven by anti-Semitic thought.

There was even -- you know, they embraced the Nazis. Harvard -- the person that was running Harvard. The Harvard president at the time, James Conant.

You know, he was -- he was keeping ties with the Nazi-controlled universities. And then he brought people in, from the Nazi Party, including a Harvard alumni.

And a Hitler confidant. To canvass in 1934. Well, anti-Nazi students were like, hey, this is a problem. And so what did Harvard do?

Called in the police. Beat the protesters. Protests were suppressed. They tore down the signs.

They arrested the demonstrators. You know, all because they had a Nazi on campus.

And they thought, maybe that's a bad thing.

So also, Harvard, who, by the way, Trump is thinking about defunding.

Thinking?

There should be no thought in that. I'm sure there's no thought in there.

I'm sure he's already went.

I don't have to think about it very long. Cut it!

Anyway, back in the 1830s. Too many Jewish students.

And just too many Jews that are, you know, teaching from all over the world. That are now coming here.

We can't have all this, quote, Jewish thought.

Oh.

Okay.

All right. That sounds -- okay.

Then you have Columbia. They were just as good.

They had Nicholas Murray Butler.

He had the Nazi ambassador on campus. And then did exchanges with the Nazi universities.

And it was great. Because they had all these Nazis on the campus. And they were good for the Jewish population.

They loved it. They loved it. And it -- the Columbia University said, well, you know, we have academic ties.

We're not talking politics.

Okay. Well, they're -- do you know they're gassing the Jews over there know.

And it started with the universities, getting rid of the Jews.

Yeah.

Yale, they were big-time in eugenics. Like Stanford. They were the eugenics leaders. And those guys all had ties with only the best medical people in Germany.

So nothing has changed. Nothing has changed.

This is who they are.

They're the elites. And I say, they're the elites. But not all the elites. Like, they didn't want to hire any of the elite professors. That came from Heidelberg. They're Jewish and out of a job. They're not getting a job out here.

Because they're the wrong kind of elites. We don't want to play golf with them. Or be around them. Or hear any of their Jewish thoughts. This should be a no-brainer on several levels.

Why are we giving Harvard, that is just making money, hand over fist, and putting it into a big endowment, so they can -- they can last forever. They could live off of their endowment forever.

Why are we paying them money?

Why?

I'll tell you why, because we're in bed, with the -- the educational industrial complex.

We're producing people, the government wants produced. That's why.

That's why that's happening, period.

You know, these are the -- these are the same kinds of people that berate in all these operation paper clip people.

When we had -- we win the war, and we find some of the worst of the worst. And we find them over in Germany.

We're like, oh, we have to have that guy. We have to have that guy. Let me give you a couple of them. Herbert Strughold.

He was known as the father of space medicine. Oh. How did he become the father of space medicine?

Well, he oversaw all the experiments at Dachau, where all of the prisoners were subjected to extreme conditions. High altitude. Hey, how high can we fly before somebody pops?

Hey, let's put them outside, pour water on them, and see how long it takes them to freeze.

Or let's just -- just force seawater in them, and see how long they can last, with just seawater?

Okay.

They didn't end well for the patients that were there, but it didn't matter.

You know, Columbia didn't mind because they're all Jews. They're all Jews. So we can get rid of those guys.

So he is -- he's one of the guys that oversaw all of the doctors. He then went to the Air Force School of Aviation for medicine, where he was the guy, here in America that advanced all of our space medicine. He's the guy who said, hey. You know, we did this with Jews. We saw how high you could go, before they popped. Before their heads exploded. You know, what happens to them, if they get really, really super cold. So I kind of know. I have a little expertise in this. So let me design all of the regulations and all of the safety protocols, you know, for Mercury and Apollo. That's it. By the way, he also -- he has an award named after him.

The Strughold Award. This is still being given out. But, you know, don't worry about that. So then you had the Surgeon General of the Third Reich.

He was brought over. He was the guy who supervised all of the medical experiments, including typhus and plague weaponization.

He improved all of the tests, exposing the prisoners to lethal pathogens in camps like Buchenwald. High-ranking SS kind of guy. Don't worry. He just came over, he was doing stuff with our medicine. Kurt Blome came over. He was great. Nazi biological warfare guy. He was the tippy top of that. You know, strangely. All these guys worked at the concentration camps.

I don't know what. I don't know what was going on in those concentration camps, why they were working there. But this guy was working at Auschwitz.

And other camps. And he was just exposing people to all kinds of biological -- he's the guy who came over here, and he helped us make aerosol bioweapons. Isn't that great?

All this guys were academics. All of them were academics. All of this needs to be burned out of our society. All of them!

We should not have any awards named after Nazis. I'm sorry. I'm not a guy for tearing down statues.

I want people to remember who these people are. I want the building, you know, the names of all of the buildings in Stanford. I want the building to remain with those names on it.

Because I want everybody to know. They named them after the worst eugenicist in the world!

Stanford University. And in the meantime, I don't think we pay for any of it. Myself.

I don't think we pay for any of this stuff. They haven't changed. They're exactly the same people. And they keep reintroducing the same pathogen, anti-Semitism.

Over and over and over again.

No. By the way, I don't know if anybody has noticed. They have plenty of money in their pockets.

How much money do we have in our pockets?

Okay? None!

We're borrowing money to give money to people who have all the money.

I don't think so.

I don't think so.

Are we going to give grants, to Bill Gates?

I don't think that would be very smart.

I bet you, we would be doing it.

Wouldn't be real smart, would it? That's what we're doing. So we've got that going for us. Let's see. What else is going?

Oh, while we're here on medicine and Nazis and universities, a transgender activist that was employed as the community navigator for the University of Pittsburgh Medical Center, the Children's Hospital, suggested that women should be allowed to donate their wombs to be transplanted into transgender women, otherwise known as men to allow them to give birth.

Now, I don't think you can just sew those parts in, and it works. You know.

I don't think so.

Might be able to a little bit more complex than that.

But what do I know? I'm not a doctor. Oh, I am a doctor.

No. No.

So Alice and Kathleen Simpson, reportedly made the comments that surfaced in a video on social media.

She said, the possibility of womb transplants was theorized in the trans community.

Yeah. You know when they did this the you first time? 1925.

You know where they did it? Berlin, Germany. Whoa! Wait a minute.

Are you saying all of this sexology and transgenderism, and all that stuff was being done in Berlin, Germany, right before the Nazis took over?

Yes. Honey. That's exactly what I'm saying. That's exactly -- and, you know what, when the Nazis came in, and they decided that this was unacceptable. See, the homosexuals do have gay community.

You do have a reason to fear Nazis. They're not your friends. I don't know why you march for them.

You know, the new Nazis are just the Palestinians. I don't know why you march for them. But you do have a reason to be afraid of Nazis. Because they don't like you very much. And when it got completely out of control and all of the literature about sewing wombs into people were in the schools and the -- the sexology university, I think of Berlin.

All of this stuff was coming from them.
And it went, and it permeated their schools, just like it's doing now. That's when the Nazis came to power.

And so many Christians were like, I -- I can't fight this. It's completely out of control. You know what, these guys will. The first book burnings were all the burnings of the stuff that we're pumping into our society, right now.

So you don't want to grow Nazis.

You might want -- you might not want to be an extremist. And then shut everybody down, who says.

Hey. That's extreme.

Because you produce extremists. The natural consequence is the other side produces extremists.

And then all of us in the middle are like, oh, dear God.

That's what's happening. So it's -- it's good.

She went on social media, and she said. I have these parts. I don't want them. I want you to have them because you need them. What if I gave you my womb?

Well, if you did, he probably would die.

I think his body would reject the womb.

That's what happened to the first guy they tried to sew it into.

In 1929 -- 1925 is when they started putting breasts on him, and everything else.

And in 1929, finally, you know, he got that womb. And they sewed it inside of him. For some reason, the male body rejects a womb. Who would have seen that coming?

And he died, in 1929. But, hey, let's do it again.

Because what did she say? The transgender community has been theorizing about this for a while.
Yeah. Yeah. Since the 1920s.

Not a lot has changed.

Science doesn't change.

Real science doesn't change.

A man will always be a man. All right. Back in just a second.

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GLENN: Ten-second station ID.
(music)

GLENN: I'm going to go to -- I'm going to talk to you about another taxpayer-funded debacle that should go away.

STU: Let down quite a bit.

GLENN: That's PBS and NPR.

Donald Trump is talking about ending the taxpayer funding for that happen.

There's no reason. There is absolutely no reason!

You know, they're violating all of their noncommercial bullcrap.

They're not supposed to be able to talk about the benefits of a certain you product.

They can say, paid for by people just like you.

Like, you know, George Soros foundation.

That's all they could say.

They can't say, the George Soros foundation.

Which specializes in such-and-such. And is making the world a better place.

They can't say that. By law, they can't say that. They've been saying that for years.
And they're making money. Lots and lots of money.

Can we stop giving funding, to people that are already making money?

STU: Yeah. But we did this with Big Bird. Remember when Mitt Romney said something about PBS or something. And they said, they will try to kill Big Bird. And it's like, well, Big Bird, they make billions of dollars a year, just on merchandising.

GLENN: Merchandising.

STU: Right?

They should be able to function with a budget, you know, like other sources.

GLENN: Right. I know we can run TheBlaze on just a fraction of Big Bird plush toys.

STU: Oh, gosh, yes. 100 percent.

GLENN: I don't know why they can't run their whole thing.

STU: And that's the thing. Do you have a list of things? I have a list of things loosely in my head of what the government. We shouldn't even consider spending money by the government, unless you hit certain things.

Like, for example, no one else can do it.

Right? Like the military.

No one else can really do that.

GLENN: Well, they can. But we don't want them to.

STU: We don't want them to.

We expect and will afford ourselves and whatever program is being funded, some level of inefficiency.

Like the military is another good example of this.

Some people would argue, medical research is. Like I'm kind of okay with the government and its military, wasting some money, on some new weapon system that doesn't wind up working out.

I'm like, okay -- I want the DARPA stuff. I want that in that particular category.

GLENN: Yeah, you have to.

STU: So that makes sense. If -- the arts are a great example of what you should never fund. Because, A, people already like doing them. Right?

People do art all the time. They pay to do art. They like doing art.

People enjoy it. You don't need to pay for it by the government, if there is already --

GLENN: You know, I really like Dallas.

I like Texas.

You know, Rick Perry came to the Dallas people, because Boeing rejected moving to Dallas.
Because there weren't enough arts. And he came to the community. And he said, you need to build some stuff. And they did, without any taxpayer funds.

Unveiled: Trump’s High-Stakes Gamble to Win the Rare Earth Race Against China

The United States is in a new “Space Race” that may be more important than the first one. This time, the race is against China to get more rare earth minerals. Glenn explains why these minerals are so crucial for our future as technology and artificial intelligence grows in complexity, as well as how the trade war between Trump and China might go. Plus, Glenn discusses how we got here in the first place: addicted to buying Chinese goods with an inflated dollar.

Transcript

Below is a rush transcript that may contain errors

GLENN: China is hitting back. They are dumping our -- our T-bills. Our Treasury bills. Taiwan stocks, wobbling. Consumers, people like you and me, bracing for higher prices. University of Michigan survey says inflation fears are spiking. It's Nixon. This is Nixon.

But take a step back. Trump is not stirring the pot. What Nixon did was he took us off the gold standard, so we could spend more money.

And to make us -- this is what he promised the world, that he would make us consumers, not producers.

So we would consume, what everybody else was producing.

So in a way, that was his plan. And he got it! But it cracked the system for, you know, the average person.

Nixon's tariffs lasted four months, it didn't fix the core. Trump is going bigger and bolder. He says, he will bring jobs home.

Could it backfire?

Yeah. Yeah. Tariffs might add another one to 2 percent to prices. Maybe three to five on your Walmart card. Because everything from Walmart is coming from China.

The Peterson Institute, by the way, has run the numbers. Higher yields could strain our 2 trillion-dollar deficit. Make mortgage prices higher.

The retaliation from China is real. And China is not blinking, and neither are we!

Now, do we stumble into recession. Stagflation like the '70s? I don't know. In the '70s, real wages fell 5 percent in a year.

Here's the flip side. If Trump pulls this off, if we start setting things right, where we mean what we say, and we mean what we say, we get everything under control. We're not just spending. And we have no real assets that we actually are sitting on.

If wages rise, one to 2 percent, like the IMF predicts. If supply chains come home, we could see something new. Not a return to 1971. But a system where the middle class isn't crushed, where houses don't cost your soul.

And where the top 1 percent don't control almost everything. Even Bernie Sanders. Would agree with this.

But, no, no, no, no. But he's not. He's busy with Coachella. Get to that here in a second. Here's the thing, history is a very tough teacher. Nixon's shock showed good intentions and sparked long fires. Inequality. Debt. A hallowed out heartland.

This is a very big stakes game. But what has a higher cost is not trying to fix the system.

That's a slow bleed, and we're almost out of blood. It's been 50 years to prove the point. This doesn't work.

This system is broken. But it's not dead. Imagine a world where our children's jobs actually pay enough, where America is not just buying, but it's building.

That's the gamble. And that is the next generation's new American dream. So we're at a crossroads like we were in 1971.

Hopefully, we're wiser. Trump is not Nixon. He has a history map. Scars and all.

Will he fix what is broke? I don't know.

Things are getting a little dangerous.

And tough. This is where the big boys play. This is why Trump earns the big money, even though he doesn't actually take a paycheck for any of this.

This, we're playing the highest steaks of a game.

Here's the latest from China.

And I don't know how many people are really focusing on this.

But this is the ball game.

China now says that they're going to cut us off on rare earth minerals.

Now, we have plenty of rare earth minerals.

There is a new space race. Do you remember when JFK said this?

VOICE: We choose to go to the moon in this decade, and do the other things, not because they are easy, but because they are hard.

GLENN: Apparently, even harder than saying decade, not decade.

Anyway, I digress.

So this was really important, because it was a space race. This would change the world. Whoever got to space first, got to the moon first, would change the world.

But there's a new race, and it is just as game-changing. This one is even more critical.

And that is the race for rare earth minerals. The tiny elements that power everything, in our future.

Right now, China has just pulled a giant gun, and they're holding it to our head.

They are threatening to cut off all exports of rare earth minerals.

And if we don't act, with a JFK kind of moon shot, we will lose the AI race. We will lose quantum computing race.

We will lose every technological leap, that is just over the horizon. Rare earth minerals are not just elements in rocks in the ground. They are the back bone to our modern world. Everything from high-tech, weaponry, that will defend our skies, to the smartphones. That are in your pocket.

To the wind turbine. Eye sores. That the left loves so much. And mean nothing. And the quantum computers, that will redefine what is possible.

Here's the deal: In 2024, we produced 45,000 metric tons of rare earth oxide concentrate from the US. Mostly in the mountain pass in California.

Sounds great. But we only refined about 6500 metric tons of usable material.

66 thousand -- yeah. 6,600 metric tons is our demand every year.

So we're close, and yet so far away. Because 70 percent of what we need still comes from China. And Beijing knows this. And this month, they've halted all exports.

Saying, it's in their national interest to stop.

We knew this was coming. We've talked about this for a long time. Do not be held hostage.

They are weaponizing the rare earth minerals. So what's at stake, and what do we do?

We'll do that in 60 seconds. First, out on the wind rustled prairies can still exist in this country, between the veins and the arteries of American cities and towns, and even just some wild spots in the roads.

They still exist. The men and women who have always made sure that America's supper was waiting for them on the table. They're our farmers and our ranchers, and every day through toil and sweat, they raise the cattle and the pigs and the chickens. And all of the food that we have. So you don't have to.

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(music)

GLENN: Okay. So everything we need, batteries for our cars. Chips. Everything that we need for quantum computing for AI, et cetera, et cetera. It comes from rare earth minerals. China now produces 270,000 metric tons a year.

That's 70 percent of what the globe consumes every year. We're second at 45,000 tons.

But we're at the mercy of their refining. It's like we have lots of oil. But no refineries.

I can't just pour raw barrels of oil into my car. I need somebody to refine it.

And we don't make refineries. Here is the danger of globalism. We gambled on a world where everybody plays fair. Where supply chains are just a matter of efficiency. But globalism has left us exposed.

And we are -- we are handing all of the power over to China, and that power is the power to choke us to death.

It was a reckless bet. We all knew this was bad. We have -- we have everything that we need. Mountain Pass in California. Bear Lodge in Wyoming. Round Top in Texas.

We have the talent. MP Materials, Rare Element Resources, already stepping up. MP Materials invested $2 billion to get 6500 metric tons refined output. They're ramping up. Rare Elements Resources says with $500 million, they could have a full-scale plant running in 18 months. We have all of the pieces we need. We just need the will.

Experts estimate ten to $15 billion, to make sure that our full domestic supply chain, refining plants. Alloyed production. Magnet factories. Everything. Everything is done here.

And for the money that it would be a rounding error in the federal budget. We spend twice that on stupid crap, every year.

If we can fund the carbon study, you know, carbon footprint studies on I don't know. Turtles. And elves. I think we could probably fund this.

Because the time line is so important. If we use the mandate that we found in November, we could be self-sufficient in five years!

In five years, the whole world will be different.

Without a push from the federal government, we're looking at eight to ten years, and that's way too late. We lose. We lose.

This is about the future right now.

We need somebody, and President Trump to stand up. And define what is important to our future. What are the important things that we have to do, and we have to do right now?

Because jobs coming back, is not enough. The right jobs, have to be here.

THE GLENN BECK PODCAST

Ben Shapiro & Glenn Beck Reveal the TURNING POINT for the Media

The Legacy Media’s time is up and New Media outlets like BlazeTV and the Daily Wire are rising to take their place. Ben Shapiro joins Glenn Beck to make the case that he can pinpoint the exact day that Joe Biden killed the Legacy Media: his disastrous 2024 debate against Donald Trump. “In that moment, the Legacy Media died,” Ben says. “The entire American public was subjected to the reality that these people lie with an agenda. And you can’t put that genie back in the bottle.”