RADIO

The Fed is SILENT on these TRILLION-DOLLAR loan details

Thanks to the Dodd-Frank Act, the New York Federal Reserve legally was required to release yesterday both the names of institutions that received loans at the end of 2019 and how much those loans contained. Shockingly, just TWO foreign banks — one from Japan and one from France — received TRILLIONS of dollars alone (as reported by Wall Street On Parade). But when it comes to WHERE the money was spent, there’s more to the story…Glenn explains it all in this clip PLUS, why hasn’t the Fed released certain important details about those loans — like if they were ever paid back?!

Check out all the details here: https://wallstreetonparade.com/2022/03/the-feds-se...

Transcript

Below is a rush transcript that may contain errors

GLENN: Hey, I'm glad this story came out yesterday. As opposed to April 1st. Yesterday, was March 31st of 2022. And that marks the day, that the New York fed was legally required by the Dodd-Frank act, to release the names and amounts of institutions, it made emergency repo loans to, in the first quarter of 2020. The feds required to release all the information and data two years after it made the loans. And they complied. And then, I mean, with some of it. With some of it. Let me explain. Do you remember in January of this year, we told you, the largest borrower in Q4, 2019, pre-pandemic, was a Japanese investment bank. Nomura Securities. They had a total of $3.7 trillion in borrowing from October through December of that year. Now, this was from the fed, compiled by Wall Street. So when you have a Japanese bank, in the last quarter of 19, you know, you got a lot of banks who were like, hey. Hey, we're people too. We're not just -- we're better than the Japanese. And that was -- that was a security -- that was like Charles Schwab. That's not really a bank. That's somebody that's helping you buy stocks and bonds. And they got behind the eight ball. Just a wee little bit, of $3.7 trillion. In December, for the fourth quarter of 2019. Well, there was another bank. And this time -- I mean, the French are proud, you know. There's a French conglomerate, BMP, you know. And it says, hey. We are not going to let Japan make us look like we're not out of control. Huh?

BMP borrowed $3.84 trillion from the U.S. Federal Reserve, taking advantage of the 114 and 45-day term loans. Now, the fed's data released yesterday is weird. It -- it only -- it only has released what they gave to these foreign banks and the money they printed for these banks. But they just could -- where did I put the data on how they paid it back? Did they pay it back? We don't know, okay. We don't know. It was an emergency. Who writes things down? Now, if you've been a listener on the program. And a reader on the program for a while, the name BMP might sound familiar. But you have to go back to the time tunnel. Back in 2015, I reported that BMP had pled guilty to conspiring to violate the international emergency economic powers act, and the Trading With the Enemy Act. And they paid nine billion dollars in fines, to the U.S. Department of Justice. This is the largest fine, a foreign bank has ever paid to the Department of Justice. Now, I covered that story, seven years ago, because of the trading with the enemy part. You know. Wait a minute. BMP was found to have helped to launder tens of billions of dollars from legal funds, from nations under the security sanctions, including Sudan and Cuba. But the real reason I wanted to let you know about it, is not Sudan and Cuba. Is because BMP was the primary money laundering customer, Iran.

They were the go-to. Hey. How can we get these arms out? And how can we, you know, launder all this money? Oh, we are here to serve you. We are French. We are French! French! Be our guest. Be our guest. So they were just off being identified by the US, UK, and EU authorities, as being the world's largest state sponsor of global terrorism. Iran, like Russia recently, sanctioned with being cut off from the world's global system. Including SWIFT. Now, I don't know if you remember this, in 2014 and '15. The British Navy and the Israeli Defense Force, captured and boarded a couple of Iranian ships that were carrying rockets and mortars and thousands of firearms to be delivered to the Palestinian terrorist organizations. Remember that? The Gaza Strip?

Yeah. Yeah. It was BMP that was helping them do that. Anyway, they continued to help them. You know, and Iran just reached to BMP. Because they said, hey, be our guest. And what they did, they helped them sell weapons and oil all around the world, by funneling the transactions through Cyprus, Cayman Islands, and then finally to U.S. banks. Which is weird. Because that's the exact route, that Hunter Biden's payments went, to help dear old dad. So they paid $9 billion. And then in 2020. They needed 3.8 trillion in emergency loans, just to stay on A float. And let me give it again. $3.8 trillion.

Did they go to the IMF? No. The World Bank? No. The EU central bank? Because that should be the bank that would do it. No. They came running to Uncle Sam to bail them out. So they got that $3.8 trillion. It's good for an investment of only 9 billion, that they paid us. You know, hey, we'll scratch your back. You scratch ours. Give us 9 billion. Because you were trading with the enemy. And we'll give you 3.8 trillion. I mean, I think that's a pretty good deal. Now, let me go back. Remember I told you Nomura Securities. Like the Japanese Charles Schwab. And in December, they needed, what was it again, Stu?

It was 3.84. Okay. Wait. Wait. That was the other one. Anyway -- here it is. $3.7 trillion, they borrowed. The last quarter of 2019.

That should take care of things, right? No. No.

The very next month, they needed another $2.7 trillion. So the Japanese, one securities firm, needed 6.4 trillion brand-new crisp dollar bills. And you add that to the French, and you've got, what about, ten and a half trillion? Okay. Two banks. Those are the ones we know about, because we had to be told about them, because of Dodd-Frank. That is really nice. That is really, really, really, really, really nice. By the way, do you know how much leverage the fed has over foreign governments, institutions, financial markets? Do you now get why stocks and equities, just don't ever seem to go down, no matter how bad the news gets? Who is propping up those markets, you know. You know, who is doing that? I just can't figure it out.

By the way, the Federal Reserve is the largest creditor in the world. That's a gross understatement. If you want to understand what comes next, with programmable federal reserve digital currency, and the fed's outright promotion of ESG systems. Yeah. Yeah. Do you think -- do you think these countries are going to say no to us, about any of that? When we've loaned them all? And when you look at the price of meat, and you wonder, why is my dollar not going so far?

Yeah. It might be. It might be that. It might be that. You know, the official balance sheet now, of the Federal Reserve, says they own $9 trillion. You're going to love this. In mostly mortgage-backed securities. Oh. Isn't that great?

$9 trillion. And since the pandemic, some unknown quantities of private securities, like corporate bonds. But we don't know. And that implies since 2008, the fed has only injected $9 trillion, by printing currency and buying assets. If we really want to understand what's driving inflation, and how deeply the fed has embedded itself in the global financial system. You have to understand the size and scope of these loans. They're not part of the fed's balance sheet. Okay? Not part of it. And you know what's really weird? Is, I didn't know, that the fed began buying stocks. Did you know they were buying stocks? Yeah. They have BlackRock, helping them invest their money. This is why our country is upside down, financially. This is the game. And then we listen to people like the CEO of BlackRock. Who just yesterday, was saying, the arrogance of some Americans. These younger Americans. They've never really seen trouble. And they should brace for it. Because there's really bad financial trouble. The likes of which we've never seen. And I'm not sure that Americans are strong enough for it. You piece of garbage. You're -- you're the ones, that are raking in the cash. You're the ones that are raping the Federal Reserve. The Federal Reserve is now partnering with you, in the great reset. Because that's the net, you want to catch all of us in. We can't afford housing, because you buy up whole neighborhoods, at 50 to 100 percent more than the asking price. And you telling us, you're warning us, that times are going to get tough. Oh, thank you.

STU: This sort of reminds me of a period in my life, Glenn, when I got a credit card.

GLENN: Uh-huh.

STU: And I -- and I maybe put some purchases on that credit card.

GLENN: Right. Yeah.

STU: And then I thought, I should get another credit card. Because if you have that first credit card, it gets filled up. You can't use it anymore. So you get a new credit card, then you can buy things on that.

GLENN: Uh-huh. Uh-huh.

STU: And when I got that second credit card in the mail. I got these things for my convenience. Called convenience checks.

GLENN: Holy cow.

STU: Now, convenience checks. That sounds incredible. How convenient was it. It was very convenient. Because what I did with the convenience check, is I wrote it out, normal check. And then I wrote it to the other credit card company. To make the payments on that card.

GLENN: So you paid off. You were responsible.

STU: Responsible. I paid it off.

GLENN: You paid it off. Good for you.

STU: And then I noticed, that the apartment that I was living in, was requiring a payment monthly, for me to stay there.

GLENN: So you paid for that, a convenience.

STU: Convenience check.

STU: Because it was so convenience. It was much more convenience to have the money, to pay for the bill. I would take remembering convenience checks. And then I would never have to pay. And then you know what I did? I opened another card, and then they sent me convenience checks too.

GLENN: Holy cow. You know what, we're up against a network break. But I don't think I have to ask you how this all ended.

STU: Oh, it was as well -- it was very convenient, and it's going to turn out as well as it is for America.

GLENN: Really? Oh, well, thank you for bringing us into the weekend on a Friday with that happy news.

RADIO

How the WHO's 'pandemic treaty' could CONTROL governments

On May 22nd, the World Health Assembly — which is the governing body of The World Health Organization — will meet in Switzerland to discuss next steps for its ‘pandemic treaty [and its] quest to use public health to expand The WHO’s power over sovereign states,’ Daniel Horowitz reports for TheBlaze. He explains how certain amendments to be added to this treaty could ‘allow the director-general of the WHO to declare a public health emergency in a country and unilaterally coerce its citizens to take certain actions.’ The far-left and global elite continue to destroy our sovereignty, Glenn says, and this is just one more step toward their desired global government.

Read more: https://www.theblaze.com/op-ed/horowitz-states-mus...

Transcript

Below is a rush transcript that may contain errors

GLENN: I read some stuff this morning. I've been doing some research on what's happening with the WHO. And I read their stuff today, that will make your head explode. And is really evil and important.

But let me give you this today, from -- from Daniel Horowitz at TheBlaze. States must preemptively nullify any WHO international pandemic regulation.

I'm going to read it verbatim because it's just so well-written. And now is the time, that things are shifting. We're going to. There's going to be a New World Order out there. And we've got to lead it. And we have to unite the rest of the free world in doing it. That's Joe Biden. March 21st, 2022.

Any Republican that is running without mentioning your intent to fight the global pandemic treaty or regulations, might as well run as a Democrat. This is really super important, and it is beginning to happen next week. On May 22nd, the world health assembly, the governing body of the World Health Organization, is going to meet in Geneva Switzerland to discuss the next step in its pandemic treaty. And the quest to use public health to expand the WHO's power over sovereign states. Representatives from 193 nations, including the US, will be attending the only country, not invited is Taiwan.

Gee, I wonder why. So what is this treaty? On January 24th, 2022, the director general of the WHO explained the treaty was a priority, to urgently strength the WHO, as leading and the director authority on global health, at the center of the global health architecture. He laid out the guiding principle of this plot. We, quote, all want a world in which science triumphs over misinformation. Solidarity triumphs over division. And equity is a reality, not an aspiration. He said, we are one world, we have one health. We are one WHO.

Now, this has not been announced. Biden has not even spoken about it. They are deathly quiet about this. But they're going to be approving amendments. The proposed amendments are essentially going to allow the director general of the WHO to declare public health emergencies in any country. And unilaterally coerce its citizens to take certain actions. Here's one of the amendments, a critical section from article nine. The WHO shall consult with and attempt to obtain verification from the state party, whose territory the event is allegedly occurring. But this is the way it's going to read. Now, WHO may take into account, reports from sources of other than notifications or consultations -- consultations shall assess these reports, according to established principles. And then communicate information on the event, to the state party, in whose territory the event is allegedly occurring.

Now, they have scratched out, before taking any action based on reports, the WHO shall consult with and attempt to obtain verification from the state party. That's all gone. They're taking that out.

So WHO gets information, has reports, and they can act without verifying with the president or anybody else.

Why would you be erasing the requirement, for the WHO to consult with the government?

Number four. If the state party does not accept the offer of collaboration within 48 hours, WHO, it used to say, May. It now says, WHO shall -- when justified by the magnitude of public health risk, immediately share with other state parties, the information available, whilst encouraging the state party to accept the offer of collaboration, by the WHO. It used to say there, while taking into accounts the views of the state party concerned.

So they're erasing all of our sovereignty. This is going to be another thing. They're going to say, is a conspiracy theory. It is not. You can look it all up. It is the world health agenda. From the World Health Organization. They are meeting in Geneva, on May 22nd. So that's next week. They are intentionally quiet on this.

Because they know the power. Now, we also know what the WHO is. You remember, when everybody was saying, we have to get out of the WHO.

They're just a tool of China. Why would you say that?

Forget that I mentioned that Taiwan is the only country that is not invited to this in Geneva.

PAT: Yeah. That's completely -- completely irrelevant.

GLENN: Completely. Amen, brother.

PAT: I don't even know why you brought it up in the first place.

GLENN: Thank you. Thank you.

PAT: It's a good thing they weren't actually -- I wish we weren't invited to it.

GLENN: Well, I will tell you this. Another reason why Donald Trump. They fought so hard to keep him out: Because he wouldn't have --

PAT: He sure wouldn't have. That's exactly right.

GLENN: He wouldn't have empowered the WHO.

PAT: Well, he took us out of the WHO.

GLENN: That's exactly right. And this president is not only putting us back, they're taking away our sovereignty.

And so it's one more piece to the global governance of the left. Warning.

Shorts

Kamala repeats herself 5 TIMES in 30 seconds…

Kamala Harris, America's no. 2 in command, just spoke at a climate change conference. So how'd you think she did? Was she eloquent and able to lay out a vision for a better world? Probably not, but check this video out and let's all find out.

THE GLENN BECK PODCAST

Right vs. Left: The Time for Compromise Is OVER | Jesse Kelly | Ep 146

The Left worked for decades to get control, and now they have it: “Every cultural pillar has been infected and taken over,” Jesse Kelly warns Glenn. So, it’s time to get out of the stands and onto the field. On this episode of "The Glenn Beck Podcast," the host of the nationally syndicated "Jesse Kelly Show" joins with a blunt message for the Right: The time for compromise is gone. This system that’s raising young people who hate America can’t be salvaged, and while taking back Congress in 2022 would be nice, LOCAL victories are what really matter. But this won’t be a quick fight. Thankfully, Jesse has some solutions, and they involve Play-Doh …

Shorts

Where are our STANDARDS, America?

Since when are we the people that throw our hands up and accept the new normal?

We're the people, that despite all odds, we took it on. We didn't settle for less. And that's what they're telling you to do now, settle for less.

No. That's not who we are. Why would we be willing to sit around and wait for the government to fix it?

Don't lower your standards. That's un-American. We don't lower our standards. We raise standards. And that is our legacy.