RADIOMay 24, 2022

The 'TERRIFYING' way food shortages could end in WORLD WAR

Chaos continues to spread throughout the world, and America’s weakened economy seems less and less equipped everyday to handle it. And situations may worsen soon. Carol Roth, financial expert and author of ‘The War On Small Business,’ joins Glenn to discuss the ripple effects China’s recent COVID lockdowns AND Russia's war in Ukraine could have on the rest of the world’s food supply. ‘We have a 30 day window,’ Roth says, to turn things around. Otherwise we may see massive food shortages in certain areas of the world, then increased chaos, and possibly war….maybe even world war. In this clip, Roth and Glenn discuss the possible scenarios to come…

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth. She is the author of The War on Small Business, a former recovering investment banker, as she likes to say.

More and more experts are saying that the U.S. is headed towards a recession. I wanted to get her look at that today. Welcome, Carol.

CAROL: Hey, Glenn, how are you?

And I'm so bummed to hear that Stu spent his vacation, thinking about economic collapse. He's supposed to go to the spa, do some water-skiing.

(laughter)

GLENN: So, you know, in your book, The War on Small Business, you talk about all the things that, you know, the Draconian things that our government did to shut businesses down. Small businesses, et cetera. Also, they did all of this extra spending, and everything else.

And here we are, at the end. And they were trying to avoid a recession. And it looks like we'll get one anyway.

CAROL: This is the key point, Glenn. I'm so glad you brought it up. Because not enough people are speaking about this. This was all for nothing. We were told, we're going to support the market by printing trillions. We're going to throw trillions, into relief. We're going to make all of these decisions. And it's going to help the economy. Well, where are we?

We saw a historic transfer of wealth, from Main Street to Wall Street. Now we're seeing Wall Street giving those gains back. We have huge amounts of inflation. The consumer is hurting. And at the end of the day, we will have an economy, that if it doesn't hit recession, certainly is limping along. So they did all of these things for the outcome, they were ultimately, going to have to go through anyway. It was all for naught.

GLENN: So, Carol, I don't think people understand what is coming yet. And I don't know if you can explain it. This is just my -- just common sense here. Looking -- China is so backed up. What we went through, when we closed our ports. And stopped shipping things.

That was -- that was nursery school, it seems, compared to what we will be seeing, on the horizon. When does this shutdown of any boats, going to and from China, when does that hit us?

CAROL: Well, I certainly think that it has hit us already. And, you know, it will continue to bleed into the numbers.

I think the big question with China, is what's next for China. And what's next for the world. And that's sort of the -- the outside case sonar. There's a really bad case here, that I hopefully, wouldn't want to start with. Sort of the possibility, versus the probability of some sort of a war scenario.

GLENN: Wait. Wait, wait. Why do you say that?

CAROL: Well, if you look at the unrest that's been going on. I certainly don't think that that was just coming out of nowhere. I think the chaos is intentional. I think food insecurity and the starvation of hundreds of millions of people, are going to end up leading to unrest. And we have about a 30-day window. It may or may not know, that the farmers in Ukraine, have been planting and trying to get this wheat crop. Yes. To be able to come to market. The problem is that the Baltic Sea, which is where all the cargo containers are shipped out of. Is completely surrounded by the Russian Navy.

So that has been to come out by about the middle of June. And if we don't, that will send out a domino effect, through all different kinds of countries. You're already seeing a little bit of that like in Sri Lanka. But you will see Kenya. You will see Lebanon. You will see Chad. You will see Nigeria. You will see Cameroon. You will see all these places, with huge populations in many cases, not be able to see their population. We know that that is going to lead to unrest. Many of them, actually, have a lot of weapons.

So what does that mean? They're likely to do. They'll probably try and infringe on somebody else's food supply. And it will just end up in this spiral. Or if we have one of the folks in NATO, try to get involved in this Baltic Sea situation. And Russia doesn't go for that. That could happen. There are so many different moving parts.

And story in the Wall Street Journal over the weekend, is that China is telling members of the Communist Party, to pull everything they have, investments, real estate, from foreign places around the world. Why, Glenn, would China be shoring up the Communist Party, not having exposure to assets around the world? Well, you can connect those dots, right?

GLENN: Gosh, Carol, that is -- that is terrifying. Terrifying. And that -- does that mean here in the United States, all of the land and everything that they own here. They're telling their people, even here, pull it out?

CAROL: This is -- what I read in the journal. There's a piece I will send it to you, because I'm sure you will want to take a deep dive into it. But it sounds like, because of the sanctions that happened with the freezing of not only Russia's reserves, but the confiscation of all of the oligarch's assets. That they're now warning everybody. It doesn't mean that these folks are actually going to comply and do it. And they don't have relatives and Shell companies and what not. That just sends a signal to me. Why would they not want that exposure, unless they were planning to be aggressive and worried, that we might put some kind of sanctions on them. And why would we put some sanction on his China. The whole situational is just -- there's this outlier, you know, within some period of time, that's a bad scenario.

GLENN: So the news that I saw this weekend, is the State Department. Now, the Pentagon is denying it. But the State Department is out of control. The State Department said, there are plans for the U.S. to sink the Russian, Baltic fleet. I mean, that is absolutely an act of war if we're even just helping them target these things. But that seems more probable, if we are looking at the world starving to death.

CAROL: Yeah. It may be trading one level of war for another level of war. And I'm certainly no foreign policy expert. So I'm saying this just as a person reading the news, not with anybody that has any special insight. But that may be what they're thinking. They need to clear that path. They need to get that food out, because the scope of war, that they might have with Russia and all the folks who are aligned against Russia, in trying to starve people, versus the scope that follows these countries around the world, are based in starvation. That may be the tradeoff. Hopefully, they have a month. Some sort of diplomacy here, would go a long way. And I remember when we had a president, that was really good at that. We didn't have these kinds of issues.

GLENN: I will tell you, I've talked to a friend in some place in Africa. And he said, we are not being trained for war in Ukraine.

We are being trained to protect the governments in Africa. Because they're going to -- they're all going to come down. That kind of chaos -- first of all, that's not what our military should be doing. But this kind of chaos, what will that do to us?

CAROL: Yeah, unfortunately, that's the kind of scenario, because of the proximity. Not for us, but for our allies to the centers of all these things happening. It seems, when we have these really big wars, all the roads lead back to Europe. And Europe is in already a bad situation. So it seems like that may be the convergence of where that is. And we get dragged in potentially that way. And we all know that war is not a good thing for our national debt. For our community. For our economy. There's no good comes out of it. But it certainly seems like, that the powers that be that want to create chaos and support some sort of dislocation in the world. That they're doing a really good job of sussing that out right now.

GLENN: So I said on the air, last week, I'm not -- I would just like to have in the next five years, I would just like to have the money that I -- that I currently have. I don't need to make, you know -- I mean, I would love to make for my retirement, you know, investment that -- that grows.

But I'm so afraid. And I've heard this from so many people. They have no idea, if you leave it in the bank, you lose. If you leave it in the stock market, you're going to lose. At least in the short-term. If I'm 20, or 30, you know, I leave it in the stock market. But if you're my age, going on 60, you're not leaving it in the stock market.

But where do you put it?

CAROL: You know, this is a conversation that is being had. You know, with everybody. Even people at the top most echelons of society, that have all kinds of cash, and will really be in a fine place. Don't have the perfect idea, where to put it, because of all those risks. And certainly, again, this is not financial advice. But there are, you know, some things that you can be at least researching and thinking about.

One thing I wrote about on TheBlaze site a couple weeks ago, in response to a question, Glenn. Was something that is a savings bond called I Bonds. I don't know if you've heard of these. But this is a government series savings bonds, that sort of combines a face value and an inflation-adjusted parameter to it. And it adjusts every six months. But right now, it's at 9.62 percent, and that will adjust based on inflation. Now, the rub is, if you go online, and I believe it's TreasuryDirect.gov. You have to open an account with the Treasury if you want to do it online. The cap is $10,000, per Social Security number per year.

And then if you do the electronic -- the paper piece, which you can do through the IRS. It's S a 5,000-dollar cap. That at least -- if you have a few years. Because you get a penalty. And it gets after -- you have to keep it in for at least three years. And it does readjust. But if you want to have at least some inflation protection, you find look into something like that, certainly as a hedge to your portfolio. As we've talked about many times. Having, you know, precious metals. Having gold and silver as a hedge. Particularly for that downside scenario. I think is really important. If you have the opportunity to invest in property and land. Some land has tax benefits. I talked to a tax attorney. That's an opportunity.

GLENN: I have to tell you, I think most people are starting to now say, how am I -- Carol, let me take a quick break. Let me come back, and ask you: What does it mean to our economy? If we hit 6-dollar -- which I think we will, this summer. Six-dollar a gallon gasoline. If we hit nine, $10 a gallon of diesel, what does that that do? We'll be back in just a second.

GLENN: We're talking to Carol Roth. Carol, if we have 6-dollar a gallon gasoline for three months, I don't know how the average person makes it.

CAROL: Yeah. It's a really tough scenario. And it's tough on an individual level. And it's tough on the entire economy, which has a spiraling impact. Because we have a 70 percent consumer-based economy.

They are assuming, the fact that we're going to avoid a recession, on the back of the consumer. Which means that your savings are going to go down. Your debt is going to go up. And so they save the economy, by putting the consumer in a bad position.

GLENN: All of --

STU: Yeah.

CAROL: And that's just completely not okay.

Yeah --

STU: I want you to explain that. Say that again. Because I think people really need to understand. The idea of not going into a recession, the fed is intentionally, impoverishing the average American.

That's their -- that's their plan.

CAROL: Yeah. Yes. It's on the back of you. They're looking to the average American consumer, to save them from what they have done. Either way, it's a bad outcome for the consumer.

But if you save them, it's because you have wound down your savings. It's because you've increased your credit card, and other debts. In order to continue to spend, so they can say, look, we were able to save the economy. So it's on your back. We are the ones that are carrying them. And they are not being held accountable, for all of this damage, and all of this destruction, that they have done, with what was entirely intentional, and entirely unavoidable.

GLENN: So I learned this during the collapse of '08. That the West is not mathematically built to -- to tolerate 100 to $120 a barrel for oil, for very long. The whole thing, just all the math just starts to fall apart.

I don't know what we're paying per barrel. But I know what gas is costing. And when -- when rich people are saying, holy cow. The average person is counting their pennies and their nickels and their dollars. And deciding, where to go.

How long does this last before your -- you're spending all your money, just on food and gas?

CAROL: Yeah. I think this is the question of the haves. And have-nots. And we've talked a little about this before. Is that the economists. And the books at the bank, when they talk about the consumer, you know, that's a composite. That's an average that is brought up by the very wealthy that are doing very well. But for, you know, the average American, they're not going to be doing well. And we've already started to see this in the numbers from places like Target and Walmart. In the last quarter. We're sitting on this quarter right now. This is last quarter. People are starting to make these tradeoffs. The things they absolutely need to have. Versus the things that they would like to have. And I think unfortunately, for many Americans, that's going to be the scenario for quite some time. You know, definitely this year. Probably into next year. And depending on what happens on a geopolitical front. Maybe even longer, is that you'll be focused on the necessities. The things that you need to get by. And the rest of that, will go by the wayside.

The only -- the skinniest kid at fat camp, bright spot here, Glenn.

GLENN: The dollar --

CAROL: Well -- in a recession, Glenn, that actually works against us.

GLENN: Okay. Oh, yeah. True.

CAROL: But of all the things that we have, where there's a supply and demand imbalance, at least in food, we may not have choices here. But at least there will be something to eat. That supply/demand imbalance around the world. Again, as we talked about before, means there will be other people, who are facing the same kind of issues. And they're not going to be able to eat.

GLENN: And that includes everybody south of our border. And with an open border, it could get very ugly, very fast.

Carol, thank you so much. I appreciate it.

I think the thing that, really, we all need to take away is the next ten weeks, is crucial.

Do -- does Ukraine -- do the farmers get all of that food out into the Baltic Sea, without Russia obstructing it, or us going to war? If they don't, there is going to be massive starvation in Africa, and all kinds of chaos. So the next ten weeks, pray for the Baltic to open up. So we can get that food, to Africa or wherever it needs, in peace.

Carol Roth, thank you so much. We'll talk again.

THE GLENN BECK PODCAST

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Autism is often described as a disorder, but what if it’s something more? Glenn Beck and Dr. Diane Hennacy explore the extraordinary cognitive abilities of autistic individuals, from pattern recognition and visual thinking to savant-level intuition. They discuss how autistic minds may represent a different kind of human intelligence which is faster, more perceptive, and less dependent on language. Could autism be an evolutionary adaptation, revealing a deeper form of awareness we’ve lost?

Watch Glenn Beck's FULL Interview with Dr. Diane Hennacy HERE

What Americans Voting for "Socialism" are COMPLETELY Missing

America’s economy isn’t broken by capitalism... it’s broken by control. Glenn Beck and Carol Roth dive deep into how government intervention, corporate monopolies, and central bank policies have created a rigged “K-shaped” economy that rewards the rich while trapping the working class in debt and despair. From housing shortages and student loans to the rise of socialism and global governance, they reveal why Americans are losing faith in the system and what must change to reclaim the American Dream.

Dr. Oz EXPOSES the $15 Billion Medicare SCAM Behind the Gov't Shutdown

Glenn Beck sits down with Dr. Mehmet Oz to reveal the shocking truth behind the government shutdown and how billions of taxpayer dollars are being STOLEN through Medicare and Medicaid fraud. From California’s healthcare funding for illegals, to foreign governments like Russia, China, and Cuba exploiting America’s medical system, this discussion exposes the corruption draining our nation’s resources. Was this the real reason for the government shutdown?

Democrats cave on shutdown—But Glenn warns the real fight begins NOW

Enough Democrats have finally decided to end the government shutdown. But as we await a final vote, Glenn warns that the battle is far from over. The shutdown had a MAJOR effect on our nation: it softened people up even more to socialism.

Transcript

Below is a rush transcript that may contain errors

STU: Thank God, we are out of this shutdown potentially.

That's the thing today.

GLENN: Yeah. Are we? Are we though?

Are we?

STU: Yeah. The Democrats stepped up. Or folded, depending on who you are talking to. And solved this for us.

GLENN: Yeah. Yeah.

Thank you for that. I appreciate that.

It is -- it's so clear now that all they did was they held this for the election, to try to win the election. And now they're ready to -- to fold. And we are seeing people with real, real problems all around the country.

Socialism is becoming popular because the -- quite honestly, the -- the right is not -- is not answering the question, what do we do from here?

We are in what's called a K shaped economy right now.

And that's what happens after a crisis. When the different groups, head to different opposite directions and locations.

If you think about a K, you think the upper line goes up. And the lower line, that's the -- the up are the people with assets and homes and stable jobs.

And they'll do well.

But the lower -- the lower line goes down.

And that's the people living paycheck to paycheck.

The renters. The small businesses. The wage earners. That all fall behind.

And right now, you're seeing on television, you're seeing, oh, my gosh. Look at, the stock market is up. All of these things are up. Well, that's great. Some rise. Some sink. But the gap is widening here. The K at the very beginning where the two lines meet is very, very close to each other.

But as they keep going, those lines becomes further and further apart. And there is a moment in -- you know -- there's a moment -- how can I explain this?

Remember the old country fairs? You probably never went to one. But maybe you saw it on TV. Where there's a strong man contest. And there's that thing where, you know, you hit the -- you hit the thing with the hammer, and the bell goes up. And it goes bing!

That's what's happening right now. There's a strong man contest going on right now, and everybody leans in to see, oh, will this guy be able to ring the bell? And he takes the big hammer, and he swings it, and the puck goes up, and it rings the bell. Some swing just as hard, and the puck barely budges, okay? Same hammer, same pole, different outcomes. That's a K-shaped economy.

And we live in a moment where the puck is going up for those who already own a house and have investments or run businesses that survived the storm. And, you know, they -- they swing the hammer.
And the bell goes up and rings the bell. But the family down the street, the young couple that is trying to buy their first house. The small shop owner that never reopened. They're swinging just as hard. Just, the puck is barely going up as hard. And the system says, "Try again, step right up. Try again."

And then hands a smaller hammer. A K-shaped economy is not philosophy.

It's not a political slogan. It's what happens when a government prints money like confetti. And then watches inflation climb a ladder that is missing rungs. And then tells you, don't worry. The economy is booming. I'm sorry. The economy is not booming for a lot of Americans.

And there are big changes being made right now of the global level. And I like the changes that are being made at the global level. But we are -- we are forgetting there are too many people that are really hurting right now.

You know, we are going to continue to work and continue to spin our wheels on socialism. Until there is a new idea on how we're going to get out of this problem.

And Donald Trump is working on a long-term solution. But I -- I fear that's not going to be enough.

I heard a crazy idea today about a 50-year mortgage. Oh!

Wow!

So the average person is in their house for 12 years.

And I've got a 30-year mortgage. Which means, I'm not really putting very much into it. Because the bank is taking all of the interest rates for the first, you know, ten years, at least. They're taking all the interest first. And then I don't really start paying my house off until the last 15 years of that mortgage. But now, instead of a 30-year, you want me to do it for 50 years!

Oh! Okay. Okay.

Well, what -- what is that going to do. Well, first of all, it's going to raise the price of the house.

You know, if everybody starts -- I get a 50-year mortgage, so I can afford the house. We have a shortage of houses.

So the house payments. Sorry, the house prices are going to go up because we have a lack of housing. And then on top of it, you're going to double the payment anyway.

Because you're paying all that extra interest. I mean, you're just charging more and stretching it out. It's like, solving hunger by not giving food. But just giving longer straws to people.

Okay. Wait. What?

You'll pay double to the same house. It means double the interest rates. And while your roof has to be repaired, the -- the brand-new wiring that you had when you bought the house, all needs to be redone. The appliances have to be replaced. Everything. The bathroom is completely out of date.

All has to be replaced again. You're still paying on that house.

It's like buying, not one house, but two houses. And it's not freedom.

It is trapping you. And, you know, what really bothers me is, it is home ownership. No. I'm sorry.

It's renting, disguised as home ownership.

That's what that is. You're not going to build equity into a house like that. You won't own your home until you're in your '80s. And if you bought it later in your life, your children will inherit the payments that you have. It masks the problem that we really have. Is home prices. Because we don't have enough homes.

We also have these giant corporations that are buying up homes, en masse!

And then renting them to us!

And we also have prices for the home that is broken from the wage -- a 50-year mortgage is like giving someone a longer plank on a sinking ship.

I'm going to end up in the water anyway.

I guess that's helpful in a strange sort of way.

What we don't understand is these are the conditions in which socialism thrives.

If we keep just trying to say, socialism is wrong! We're not going to help anyone.

There's two things that have to happen.

We, A, have to come up with new solutions for these very old problems.

And the new solutions cannot involve printing more money. Bailing the banks out.

Giving the banks more interest. Or anything like that.

Because socialism is coming with a vengeance. And, boy, I've got to tell you, it is going to have all kinds of answers, because it always does. In January, I will start something new, called the Torch, and it exists really, for one reason. We're running out of time to relearn what our grandparents knew by heart. Okay? The lies that we face today are not new.

They're old ghosts wearing just modern clothes. And starting January, I'm dedicating the next part of my life.

The last part of my career, to education on history and -- and usable things going deep. You know, the thing about broadcast is, you go very wide and very shallow. I need to go narrow and deep at times.

We will still be doing what I do here. Which is bringing you all the news and trying to make sense of it.

But I need to go deep on things. And socialism is one of them.

So we are working right now on new programs and new podcasts, and new -- a new daily rhythm of learning that I've never done before. And some of these shows are just going to be you and me, every single day, just walking through history with a flash light in one hand and the truth in the other, trying to figure out what's going on. But one of the lessons that I think we need in this is a series on socialism, on why it never works, how it happens.
And how the lies always begin exactly the same. This is the kind of work that the Torch is being built for. So let me give you -- let me give you a highlight of one lesson.

On how -- whenever a society gets into this situation, history will show us, a poisoned promise begins. And I'll give that to you, here in just a second.

GLENN: Okay. So let me give you -- with a K-shaped -- a K-shaped economy, the socialists always arrive making all kinds of poison promises, and there is a pattern. And it is so ancient, it can be Scripture. Also, modern enough to sit on the news crawl, as you're watching whatever news you're watching.

Every socialist experiment starts with the same smooth tongue promise: We are going to make life fair.

Unfortunately, for socialists, you know, history keeps impeccable books. The receipts are really, really damning. Fortunately for socialists, nobody ever reads history.

So let's take a quick stop at history for a second. Hugo Chavez is probably the latest. When Chavez took power in Venezuela, it was 19.95. He told the nation, which was boom. It was lake America 2000, okay?

He said -- he's building a new -- a new revolution that would create a classless society. Where oil wealth would lift the poorest into dignity.

Okay?

He had the richest country, besides I think the United States of America, in the western hemisphere.

He said, it wasn't enough!

We need no more hunger.

No more shantytowns. And the state will guarantee your rights. And we're going to distribute the wealth of the rich to the people.

And everybody cheered. And everybody was so very excited. And for a short moment, the fantasy glowed. Because it always the blows for just a fraction of the second.

He nationalized the oil industry. Then he said, poverty he would end by decree.

Well, he ended something by decree.

By 2014, the shelves were completely empty in the stores. By 2016, the average Venezuelan was losing over 20 pounds a year, due to food shortages.

Let me just remind you, that by 2016, they were eating the dogs and the cats in the streets.
Not making that up. Look it up yourself. And the zoo animals in the cages of the zoo were also being cooked up for people on the streets to eat!

Hospitals lost their power. Children died from treatable diseases.

Millions fled the country. And today, Venezuela sits on the largest proven oil reserves in the world!

And yet, people are standing in line for bread while the daughters of the socialists post photos of European vacations. What's happening to the revolution there?

It ended with a ruling class gorging on privilege and the nation digging through dumpsters for meals. That's the way it always happens. It's not an outlier. It's a rule.

Look at Cuba, 1959, Fidel Castro. I'm quoting, the revolution will bring justice, equality, education, and health care for all!

Freedom from American exploitation. Che declared that Cuba would become an example of a new humanity!

Well, what followed?

Well, first thing they did, was they shut down the independent newspapers. They were shut down by 1960. Then they imprisoned people in labor camps for being counterrevolutionary, including priests, teachers, and homosexuals.

Yeah, that Che. Then food rationing began in 1962. By the way, food rationing in Cuba has never ended!

Today, the average salary in Cuba is $15 a month!

Now, the same communist party that claimed to abolish class, created the most immovable ruling class in the Caribbean, and yet the billboard still shows smiling peasants and slogans about equality, while the sons of party officials are driving imported cars through Havana's rotting streets. And everybody else has to fix a car from the 1950s. Remember, the promise was fairness, but result was an island-sized cage.

All right. It was just those two! Now, let's look at Germany. The Nazis were -- national socialists. Hitler didn't sell Naziism as tyranny. He sold it as social justice for the German worker. The Nazi platform, 1920, promised abolition of unearned incomes. Profit-sharing in large industries. Nationalization of trust. Land reform because there just wasn't enough space for people to own their own houses. All in the interest of the common good. It was marketed as a worker's movement. A worker's -- a socialist worker's movement, and it was going to correct all the inequality, punish the greedy capitalists, and restore fairness. So what happened? Well, first the disabled had to go, and the sick children. Because we can't afford to keep them going. And the political dissenters, they were just stopping us from all this progress. Oh, and the Jews, of course and the Slavs.

And the Pols. I mean, anyone who didn't fit the utopian math, they were gone. The promise of fairness became the most industrialized murder machine the world has ever seen. But don't worry. We can also go to the Soviet Union. The grand cathedral of socialist dreams.

Here's what Lenin promised: We'll bring about the complete equality of all citizens, end quote!

The state, quoting, will whither away! Oh, yeah.

The workers will own the factories. The peasants will own the land. Okay. So they got power. And what happened?

Well, none of that. Under Stalin, over 100,000 priests were executed or sent to camps. Why?

Why do they keep going after the religious people? Because the religious people are the only ones that will stand against monsters, that's why.

Millions of Ukrainian peasants were starved under the Holodomor for refusing the collectivization. Read that story. It's horrific. The workers paradise required one of the largest secret police stories in human history. Why?

Soviet Union became a nation where you waited hours to buy bread. Party members, however, if you were in the party, and you were high up.

Oh, you could get anything you wanted. You had luxury stores that were built just for you.

By the 1980s, the system was so hollow, that the most basic consumer goods. Soap. Shoes. Toilet paper, they were rationed or unavailable. And, by the way, the state never withered away. It metastasized into every corner of life. It became everything.

This story of socialism is written in blood, in ledger books, all over the world.

And it always starts with the promise of equity or equality. And it always leads to the rise of an elite who decides what equality means. And every time it fails, they say, well, that was just put in the hands of the wrong people.

No, the key word here is not wrong. It's people. People.

The workers never get the factories. The peasants never receive the land. The poor never get any of the wealth.

And it's this story over and over and over and over again.

Socialism begins with a promise. But always ends with a ruling class, armed with absolute power!

Only the names change.

Did you know that -- did you know in Jamestown, in 1619, you know, that boat that the New York Times said arrived. Didn't arrive with slaves.

It arrived with socialism. It ended in cannibalism. Did you know that the pilgrims tried the same thing?

They decided, you know what, we should put everybody's money into a big pile. You take whatever you be need.

That's the Christian thing to do!

You know what that ended with?

Starvation and death.

By the way, the big reunion tower, the big ball you see in the sky.

That's to mark reunion.

That's the first sociologist town in 1855 in Dallas. Guess how that ended! Starvation!