RADIOSeptember 01, 2022

THIS bank's policy hints we learned NOTHING from 2008 crash

A new Bank of America policy designed to help certain Americans own homes hints that U.S. financial leaders have learned NOTHING from the 2008 crash. Carol Roth, ‘recovering investment banker’ and author of 'The War On Small Business,' joins Glenn to detail how policies like this one not only put our economy at risk of another financial crash but could wipe out the middle class as well. Plus, Roth and Glenn discuss signs that China — thanks to its bursting property bubble — is heading towards financial DEPRESSION...

Transcript

Below is a rush transcript that may contain errors

We have Carol Roth joining us now, the author of the war on small business. Former -- as she likes to say, recovering investment banker. And I want to get her on today, and ask her, what this means. This is according to the Wall Street Journal. The real estate giant in China has said, China's property market has slid into severe depression.

Hi, Carol, that sounds scary.

KENNEDY: Hi, Glenn. Happy September. What a great way to kick off the last four months of the year, with a big tee pregnancy in China.

GLENN: Right. Right. (?) what does it mean?

KENNEDY: So China is basically a giant mess. Obviously, outside of their demographic issues. Outside of the fact that they're not really an emerging market. And that's putting pressure on their manufacturing. They have sort of the confluence of things going on. The covid disruptions. They have heat and water power issues, that are basically rationing energy. They have youth unemployment, at 20 percent. And then they have this property bubble that has bursted. So basically China did something similar to what we did. It was a communist version of what we did here leading up to the great recession, financial crisis, where they just plowed a bunch of cheap money into creating lots of and lots of real estate.

GLENN: Like ghost cities. Not lots of real estate. Whole cities that had no one in them.

KENNEDY: Yeah. That literally in the middle of nowhere, that no one wanted to live in. And then the prices just started to get out of control. One of the things that are a little bit different -- well, there are a lot of things different about China. One of those things is that housing is about 70 percent of household wealth. People that have money, that the middle class, they don't trust the stock market. Which they should not. And over 90 percent of households in China actually own their residence. So that compares to about 65 percent of the United States. So a huge, huge alternate of the wealth of the middle class is tied up. Within real estate. And the property has gotten crazy. Like in the major cities, it's about 50 times the average income, in a -- in a crazy place in New York, it's about ten times the average income. So you can see that that has really gotten completely out of control. And we all knew that it was unsustainable. It was just sort of a question of when. Chinese policy and then all these other events kind of came together at the same time, and now like we suffered through 20 years ago, they are going to have to endure the same thing, but, you know, with a different tenure because it's a communist country. China owns the bank, they have -- the whole middle class is sort of involved, and their wealth is tied up in this. So this is a major issue for the Chinese economy.

GLENN: I will tell you, that this should strike everyone as more than a little odd. You know, it's not odd for us to see protests in front of banks.

KENNEDY: Yeah.

GLENN: In China, that is akin to protesting the Communist Party. They've rolled in with tanks and soldiers. And people are still protesting. That shows how unhappy people are, with what is going on.

Because in China, as I understand it, please correct me if I'm wrong. Here, we go out, find a house, then we go to a bank. In China, you go to a bank, you get a loan, you start paying on that loan. And then you go to a builder, and it might take five years. But you're paying on that. And what happened is, these builders (?) paying on this loan, and they, had a? Lose their money.

KENNEDY: Yeah. There's actually reports of people living in unfinished homes, so as you mentioned the middle class in China, they've started to band together, and they're basically saying, we're not paying our mortgages anymore. And you have to remember, that China has implemented their social credit system. And one of the dings for social credits is not paying your debts. Which your mortgage would obviously fall into. So the fact that they're willing to stand up against the Communist Party. Against the social credit pushback, just goes to show, as you said, just what a complete disaster this is for the Chinese people. And the governments.

GLENN: So President Xi, he is elected one more time. I think it's in November, isn't it?

KENNEDY: Mid-October. October 16th.

GLENN: So he's running for reelection, and he did change the Constitution that he could be dictator for life, but only after this election. When Pelosi went out, the word is from people that I know in China, that are high up in -- in the banking world, that do business in banking over there, that they've been watching their press very closely. Because there's a -- there's half of China, and the leadership. They don't want Xi.

And so some of the reports, that came out, when he -- when -- when Pelosi was going over, where they said, he's going to shoot that plane out of the sky. They made all of these -- you know, of these demands or expectations of Xi, knowing he couldn't do it, because humiliation is one of the worst things -- weakness is horrible in China. So they set him up to be weak. How does this play in his election?

KENNEDY: Well, you know, we would assume, that there would be fair elections. Obviously, that's in question, even in the United States. It certainly is not the case in communist China. And so I think that, you know, being entrenched in the party, even though there is pushback. I think it would be a giant surprise, if he wasn't elected again. And I do think that censorship has played a big issue, in this. You know, part of the reason, I've been told that they had these covid lockdowns, is because they're trying to control information -- not let people talk to each other. Not let people in the country, to let the real tenure of what is going on out into the broader population. So there are a lot of people in China, who even though they may be upset about this one particular thing, don't really have a scope on the real story, and who knows what they're being told.

GLENN: That's unbelievable. This story leads me to something. Bank of America has just started a policy that sounds very familiar, except race is involved now. Zero down payment, for mortgages for first time buyers. And I believe this is minorities. To help minorities -- black and Hispanics grow ownership of homes.

Zero down payment. Zero closing costs. So just come on in. It's like renting a house. Isn't this what caused 2008?

KENNEDY: You know, I know that history always repeats itself. And human beings have a hard time learning from the past. But really, this wasn't that long ago. You would think there would be some grace period. Where we would go, okay. This probably isn't a good thing to do.

And it's really frustrating. Because it's one of those things that sounds very nice on the surface. Oh, we'll help these underserved communities build wealth. That's a good thing. We want everybody in this country, to participate in wealth creation opportunities. The last way that you do that, is at a point where we're having a top in the housing market. The bed is raising rates. We're heading into a recession. Prices will come down. And then you take somebody, who can't afford a down payment. And you get them paying on a house, that you know they won't be able to afford over the long-term. That's basically stealing equity from them in the long-term, making them very afraid to continue to do that, in the future.

GLENN: This is -- this is what they called predatory lending.

And it's being pushed, I'm sure, by the government. It's being pushed by these big banks. They're all in collusion with the great reset. It's going to impoverish people, even more.

KENNEDY: Yeah. If you want to tie this to the ESG, right? This is part of the -- the social initiative, we have to make housing more affordable. But that doesn't do that. I mean, this creates more fees for banks, at a time when they may be losing fees in origination. Because the fed is raising interest rates. And that's flowing through the market. You know, it's not like they're creating a fund, and saying, we're going to buy up properties. And we're going to allow to you rent to loan. There are ways you can do this for underserved communities, that will be fantastic. But zero down mortgage -- and, by the way, it's not like a veteran zero down mortgage, where there's a strict underwriting process. This is a non-underwritten process. (?) we've seen how this has gone awry in college lending. Now they're bringing it back to the mortgage industry. Once again, because there wasn't enough damage the first time around.

GLENN: O they want to make sure that there's nothing (?) left for people to learn.

KENNEDY: Or. Or maybe they want the correspond to be able to have this, at the expense of the (?) middle class. And they'll just forgive those loans. Like, you know, they're on the kick of forgiving every other loan. There's a buffet of possible, fantastic --

GLENN: And none of them are good. None of them are honest. None of them are free market-based. None of them are ethical. None of them.

KENNEDY: No. It's picking winners and losers. It's letting the government and these big entities play venture capitalists in a way that she shouldn't.

And it's not teaching sort of the discipline, so that we allow for these broad creation opportunities. Which is the future of prosperity. Because we know at the end of the day, big business. Big government. Big special interest, doesn't want that. They want to gut the middle and working class. They want to consolidate power. So every one of these (?) ultimately ties back to that in some way.

GLENN: Energy prices. Goldman Sachs is now saying, just the energy prices will push the UK inflation to 22 percent.

That is a near post-war record of 22 percent inflation.

That's -- I mean, we -- let me get another story here. Because I read here, cost of living. Shoppers despair, at cost of staple foods, soar up to 20 percent in a year.

That's remarkable! I mean, we're all going to see this.

And it's -- a lot of this is coming from this craziness of ESG with the energy.

KENNEDY: Absolutely. This is entirely self-inflicted. That's the most frustrating part of this. It could have been avoided. But it was the liberty by policy. And who is going to pair the brunt of it. It is the small businesses. It is the million dollars and working class. It is the core to people, who really can't have this happen. I've seen this all over Twitter. I've been sharing all the stories coming out of Europe and the UK in particular. With small businesses who are getting their energy bills. And something like 10,000 euros, or, you know, like multiple tens of thousands of euros. And it's just completely non-sustainable. I mean, obviously nobody is going to be able to operate under those types of conditions. It's going to be a really ugly winter.

And as we're talking about, not learning. This should be a giant neon sign to say, okay. They made a mistake. Let's (?) they just passed the biggest climates bill. And are telling about what a great deal it is. As if there's not more pain and suffering on the other side.

GLENN: I know. I will tell you, Marx said for a Communist Revolution to happen, you need to have the working class rise up, and then they could close it down.

And that -- if you can't get them naturally, you have to create the conditions for that. And everything, including the IRS, all of these things are designed to abrupt the middle and lower class. (?) to wipe them out entirely. And when that happens, you will have revolution on the street. It is -- yeah. Go ahead.

KENNEDY: You will own nothing. And you will not be happy. Because as we've seen throughout history, those who do not own anything, are not the ones who are happy.

GLENN: Yes. Thank you very much, Carol. Appreciate it.

KENNEDY: Another uplifting segment, Glenn.

GLENN: One of these days it will turn around. One of these days. Yeah. Thank you so much. I appreciate it.

SHOCK POLL: The % of Young People Who Support SOCIALISM is Insane

New polling reveals a shocking truth: young Americans aren’t just open to socialism... they overwhelmingly want a socialist president in 2028. Glenn Beck and Justin Haskins break down five alarming surveys showing massive ideological shifts among voters ages 18-39, including young Republicans. Why is socialism exploding in popularity, and what does this mean for the future of America? Are we on the brink of a political transformation or potentially even a national crisis?

Watch This FULL Episode of 'Glenn TV' HERE

Property Taxes are OUT OF CONTROL - And Here's Why! | Guest: Texas Gov. Greg Abbott

Texas Governor Greg Abbott joins Glenn Beck to expose why Texans are being crushed by skyrocketing property taxes — and how local governments, not the state, keep driving homeowners deeper into financial distress. Gov. Abbott breaks down his five-point plan to impose strict spending limits, force voter approval for tax hikes, reform out-of-control appraisals, empower citizens to slash taxes themselves, and eliminate school district property taxes for homeowners altogether. Glenn argues that property tax is morally wrong because it prevents Texans from ever truly owning their land, and Abbott lays out his strategy to fight both parties in the legislature to finally deliver lasting relief.

Joe Rogan & Glenn AGREE: We just got CLOSER to civil war

Joe Rogan recently warned that we may have gotten to Step 7 of 9 in the lead-up to civil war. Glenn reviews the 9 Steps and explains why he believes Rogan nailed this one. But Glenn also lays out what Americans MUST do to reverse this trend...

Transcript

Below is a rush transcript that may contain errors

GLENN: So if you take what Fetterman said yesterday about how people are cheering for him to die on the left, and then you couple it with something that was on the Joe Rogan show on Tuesday. He was saying that the reaction to the death of Charlie Kirk makes him think that the US is closer to Civil War than -- than he thought.

Now, let me quote him. He said, after the Charlie Kirk thing. I'm like, oh, my.

We might be at seven. This might be he step seven on the way to a bona fide Civil War. Charlie Kirk gets shot, and people are celebrating.

Like, whoa. Whoa. Whoa.

You want people to die that you disagree with?

Where are we now on the scale of Civil War?

Well, let me go over the scale of Civil War, because it's sobering.

Now, none of this has to be true. If we wake up and decide, I don't want to do this anymore!

Okay?

Here's step one.

Step one. Loss of civic trust.

Every civil conflict begins when people stop believing that the system is fair. Are we there?

We're so far -- we're so far past the doorway, we are comfortably asleep on the couch on this one. Gallup and Pew both show trust in Congress, the media courts, and the FBI government are now at record lows.

The Edelman Trust Barometer classifies the US now as severely polarized. Majority of Republicans distrust federal elections. Majority of Democrats don't trust the Supreme Court.

Americans are really united on one thing, and that is the other side is corrupt!

When faith in the rules collapses, the republic begins to wobble. But that's step one. Step two, polarization hardens into identity!

Political disagreement is normal!

Identity conflict is fatal!

But that's what Marxists push. Identity politics. This is when politics stopped being about policy, and started being about who you are as a person.

Have we crossed this one into step two?

I mean, we're neck deep into this. A study on this, from PRRI.

It's a survey, found 23 percent of Americans believe political violence may be necessary to save the that I guess.

I think that's an old study. Americans now sort themselves by ZIP code into ideological enclaves. The big sort: Universities, activists, corporations. Everybody is promoting oppressor versus oppressed.

And that -- does what?

It puts us into incompatible tribes. Opponents aren't wrong anymore. The opponent is dangerous!

If I go back and you look at civil wars, Lebanon, before 1975. Yugoslavia, before 1991. That's -- we're doing that. Okay?

Step three. Breakdown of the gatekeepers. The gatekeepers are kind of like the referees of society. It's the media, political parties, churches, civic leaders.

When they fail, extremism fills the vacuum. Okay. Where are we on this? Have our gatekeepers failed us?

Yeah. I think both parties, especially the left, you know, everything I predicted that the left was going to be eaten by the extreme left, and then the communists and the socialists is now happening.

They've lost control of the fringe of each party. Media transformed, you know, from referees into team coaches. Tech platforms. It's outrage for profit. Universities are not there to cool things down. They heat them up.

Churches. Churches are useless. Useless.

When the referees leave the field, the game devolves into a brawl. And the refs are gone off the field. So there are only nine steps. We're at step four. Here's step four.

Are you ready for this one?

Parallel information realities.

Civil wars don't require different opinions. They require different realities.

I remember reading about Germany, at the beginning of, you know, the Nazi era. How the two new newspapers. One was propaganda for the government.

And the other one, it was the last one that was kind of the holdout.

And they said, you could read them, and they would cover the same thing.

But they had almost no information was the same. Except, that happened yesterday.

Here's what they said. And then everything else was different. That's exactly -- I mean, step four is complete!

We can't agree on facts, right?

Crime rates. Border numbers. Inflation. Election security.

Two Americans can watch the same video. And see opposite truths.

Social media algorithms are creating customized political universes.

Digital echo chambers. Deepfakes. We're just at the beginning of that. And both sides accuse the other of running disinformation machines.

Why? Because we don't have a shared reality. So if you don't have a shared reality. How do you settle any dispute?

On the nine steps, we're up to number five. Coming in at number five.

Loss of neutral rule of law.

This out of the nine steps with, five is the pivot point.

It's not corruption, it's the belief that the law is no longer neutral.

Are we there yet?

Let me tell you the CBS you.gov poll. 67 percent say the justice system is used for political purposes.

I think that's low. January 6 defendants given years in prison, 2020 rioters were released. High profile political figures, prosecuted or shielded based on party.

FBI whistle-blowers alleging pressure to inflate domestic extremism numbers. States like Texas, directly defying federal directives, on border enforcement.

And now, leading the way, with the federal government.

History is really cold and unforgiving on this point.

Once the people believe justice is political! Remember, this is the turning point.

The republic stands on borrowed time. Once you no longer believe that justice is achievable. Step six.

Are we there?

I think we are.

Step six. Normalization of political violence!

This is where violence stops shocking the system. Are we there?

Remember, where violence stops shocking the system. Look at evidence just from Virginia. What they just voted for.

He was calling for the death of a -- a political opposition.

Calling for his children to be killed.

Was called on it, never apologized.

Never said anything other than, yeah. I know. He dug it deeper.

Was anyone shocked by it? Apparently not. They elected him. Here's the evidence. 2020 riots.
574 events. $2 billion in damage. Was anybody outraged by that? Or was it downplayed and excused?
Assassination attempts. Assassination attempts against the president. Supreme Court justice.

Fistfights. And mob actions on college campuses. To silence speakers. Rising to do for punching a fascist or stopping genocide. Depending on the ideology. Online chatter discussing Civil War, national divorce, and revolution.

When violence becomes part of the political language, a nation crosses an invisible line. We're now up to step seven out of nine.

This is where Joe Rogan said, are we at step seven?

The rise of militias and parallel forces.

When a state loses he is monopoly on force.

Countdown accelerates. So where are we on this one?

I think we're seeing, maybe early signs of this.

You're starting to see the -- the states kind of organize these mobs, you know, to go after ICE.

Right?

Armed groups, right-wing, left-wing radical secessionists. Anyone.

Once they start forming their own police forces. Or their own option forces, then you have -- then you have everything really falling apart.

Entirely!

I don't think we're there, yet!

But we're starting to see the beginnings of this.

Step eight. The trigger event.

Civil Wars don't begin with a plan. They begin with a spark.

So where are we?

We're not here yet. The conditions are right. Potential triggers, disputed election in '26 or '28.

Political assassination or major attack.

Supreme Court decision that ignites mass unrest.

Financial crisis or dollar crisis.

A state federal standoff turning violent!

Nothing is ignited yet, but the room is soaked in gasoline. So we don't have seven. We're on the verge of eight, at any time. And here's nine.

This is the point of no return.

When police, military, or federal agencies split, even if no one calls it that, well, where are we?

Well, I just read a story about how with the Mamdani election in New York, a good number of the police force is going to leave. And they're going to go join police forces elsewhere. You also have the tension between the state National Guard, and the federal directives, the state guard and the state directives. Law enforcement recruitment is at crisis lows. The distrust of the FBI, DOJ, CIA. Tens of millions of Americans. I always really respected those institutions. I have no respect for them now. If you have states openly defying federal rules on immigration, drug laws, sanctuary policies.
Whistle-blower claims of internal politicization.

All of these things are in play for the first time in 150 years, people can imagine!

So I give this to you, not to be fearful of, but to know where you are. As a map!

Know where you are.

And hopefully, it might wake some people up, if you chart America on, on the nine step model of Civil War. Steps one through four, completed!

Step five, happening!

Step six, happening! Step seven, beginning! Step eight, just waiting for it. And step nine, avoidable, only if step eight, never happens. Again, I'm not telling you for doom purposes, this is diagnosis. This is a doctor going, I want you to look at the chart.

And this is a doctor saying, I want you to look at -- do you see what's happening to your body?

If you don't stop this habit, you are going to die. You don't have to die. You can stop smoking and drinking right now. You can start exercising. But if you don't, you are going to die.

The question is, are we the nation that says, nah, that's not going to happen to me. Or are we the nation that wakes up and sees our chart and says, good heavens, it's way far more gone than I thought it was. But I feel something in the air.

I'm going to change my behavior. The nation that refuses to look and wake up and stop calling their neighbors enemies, is the nation that fails!

We have to strengthen these things that have already fallen. And, you know what, the easiest one to do is?

Church. Where are you ministers and pastors priests and rabbis?

Where the hell are you?

I think there's going to be a special section for you, when you cross over to the -- because you're doing things in the name of God!

So when you get to the other side, I think there's going to be a special section for those who remained silent. While his rights were being taken away.

You don't own that right.

I don't own that right.

The Lord gave us those rights, and said, protect them!

By you, being the representative, the voice box, if you will, of the Lord, to shepherd his people. By you not standing up and saying, hey, by the way, we have -- we have a moral responsibility to protect these rights for the next generation! By you refusing because you're afraid. Because I think, there's no politics in the Bible! There's no politics in the Bible. Really?

The whole thing is about politics. Is about the moral way you have to live your life.

Calling things as you see them. Calling them back to eternal principles.

He didn't tell anybody how to vote. Render to Caesar what is Caesar's.

But there are certain principles that you have to have, or you lose not only this citizenship, but the next citizenship. The one that really matters. And, boy, if you are doing it because you're a coward, you are in the wrong business!

Get out of the pulpit, and go to work at Jack in the Box.

Democrat “SMOKING GUN” on Trump & Epstein gets DESTROYED by facts

The House Oversight Democrats recently released "new" emails allegedly proving President Trump lied about his knowledge of Jeffrey Epstein's crimes. However, Glenn points out a glaring issue with these emails that destroys their entire narrative...

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, let's dive right into the Epstein Maxwell emails. My gosh, Stu!

Why are they trying to cover up that Donald Trump had sex with children!

STU: I mean, it's just clear, as -- as day, in the emails!

GLENN: Yeah. No.

STU: He spent hours with one of the victims. What else could have possibly have occurred in that arrangement? We don't know!

GLENN: And it's -- it's one of the victims, Stu. One of the victims!

STU: One of the victims, that's all we know. One of the victims.

GLENN: Let me read what Jeffrey Epstein wrote. I want you to realize that the dog who hasn't barked is Trump. Victim redacted. Victim spent hours at my house with him. He has never once been mentioned. Police chief, et cetera.

Okay. New information, just released. Or is it?

Because in 2011, 2011, that was released and everybody knew it. It's been out floating around. Here's the change: In 2011, this is what it read.

I want you to realize that the dog hasn't barked is Trump. Virginia spent hours at my house with him.

Why would you redact a name that is already out in the public square!

It's already out!

The memo is already out. The email is already out. It's been out for years. Why would you redact that name now?

Well, because it makes it all of a sudden, new and shiny. Shiny and new. If you don't know who said it, you see victim, and you're like, oh, you see victim. Who is the victim?

I don't know. But when you know it's Virginia, you know this has already gone to court. This is -- she already testified about this!

He didn't partake in any of this, any sex with any of it. It's true. He didn't partake in any sex with us, and I'm quoting, this is from the testimony. But it's not true, that he flirted with me. Donald Trump never flirted with me. Have you ever met him?

Yes, at Mar-a-Lago, my dad and him. I wouldn't say they were friends, but my dad knew him, and they would talk. Have you ever been in Donald Trump or Jeffrey Epstein's presence with one another? No!

What's the basis of your statement that Donald Trump is a good friend of Jeffrey? Jeffrey has told me that Donald Trump is a good friend of his.

He didn't partake in any of -- any of the sex with any of it. He flirted with me.

It's true, that he didn't partake in any sex with us. But it's not true that he flirted with me.

So I don't understand that. But she goes on. Donald Trump never flirted with me!

Okay. So what -- what's new about this?

This is the same girl, this is the same person that -- didn't she work at Mar-a-Lago?

Or she was going to get a job at Mar-a-Lago.

STU: Yeah. I believe she did at one point.

GLENN: Yeah. So we know they know each other. We know they know each other.

We know that at Mar-a-Lago, Jeffrey Epstein would come, and he was poaching the employees. The girls there. To go work for him.

And Donald Trump went to him. And said, "Hey, man. Stop it. Stop poaching people from me. That's not cool. Don't do it." And then he said, "Oh, yeah. All right." And then he did it a second time. And he's like, "You know what, you're out. I don't want you here anymore. I asked you not to do it, and you did it." Now, that doesn't mean that he knew what was happening to the girls or what was happening or anything else.

And even if it did mean something was happening with the girls, he was saying, "Hey. Stop it! Don't take any of the girls or the women here.
Don't do it." I don't believe he knew anything about any of this. But God only knows! And really, God only knows!

This is not new news. Donald Trump, he might end up beating Bezos as the richest man on the planet! When all is said and done!

Because, again, the -- they're presenting this as new fact, a giant scandal. Stu, I don't know if you know this. This is -- this breaking news is a giant scandal.

STU: Yeah. I've heard democratic representatives saying that over the past 24 hours. Yeah. We need to investigate this.

This is shocking stuff. It's a massive scandal. Even ABC News, I heard, pushed back against this. And said, well, what scandal? What are you implying occurred here?

We know who the victim was. We know the victim. Like why. Why did you even redact that name?

And they're like we always redact name of victims.

Do you really? When they're already out publicly?

Not to mention, this particular victim is not even alive.

You know, she sadly died. I mean, it's a terrible, terrible story.

GLENN: Terrible story.

STU: Yeah. She passed away.

A suicide. It was at least the report I believe. But she has a posthumous book coming out. But like a terrible, terrible story.

But, you know, to act as if you have to protect her identity when, number one, she's dead.

GLENN: Is ridiculous.

STU: Number two, everybody already knows who she was, including the news sources, who also have a policy, you would think.

And ABC has a policy. They redact, that was in this type of situation. But it's already been out. We already knew who it was.

So they redacted to make it look like he's with other people who have not already told us nothing bad occurred! You know, and it is an absolutely awful tactic. And at least --

GLENN: I think litigation should follow again. I think he should sue them again. Anyone who is presenting this as new information.

ABC did their job. Congratulations for ABC. They did their job.

They pointed out, this is not new information.

Why would you redact. Why are you releasing this now? And you're redacting a name this -- this email is already out!

You're presenting this as a new scandal.

And you redacted that name. This is completely dishonest. The news media shouldn't even run with it. They shouldn't even run with it. They should have said, old news. Old news. And if you did run with it, you should have handle it had like ABC handle it had. Wait a minute. Why did you redact name.

What do you mean that there's a new scandal. She already testified exactly opposite of what you're believing Jeffrey Epstein over the victim right now. I just want to make sure you understand the Democrats right here. You're taking the name of Epstein, over the victim.

Oh, okay. All right.

STU: And Epstein doesn't even say that anything occurred.

GLENN: No.

STU: There's not -- it's just -- it would be something you would have to jump to a conclusion, to accuse Donald Trump of something like this.

And we know what happened, because the victim said nothing!

Said, it was nothing!

GLENN: Right.

STU: In fact, it wasn't even a flirtation. Which, by the way, even that, you might have thought was creepy. It wasn't even a crime.

It wasn't even flirtation. So it's a disgrace in every single way.

GLENN: All right. So let me take you here. Let me take you here.

If you remember when the shutdown first started, what did the Democrats say, the reason why they did the shutdown?

Not them! Why Mike Johnson and everybody else wouldn't negotiate!

Why wouldn't -- why wouldn't the Republicans negotiate?

Because the heat was on, to release the Epstein files.

And they didn't want to have to do that. So they shut the government down!

Okay?

They wouldn't negotiate. You didn't hear any of this? Oh, it's so arrogant.

STU: It doesn't make any sense at all. That's probably what they said.

GLENN: I know. I know. So the government is open, and what does Mike Johnson do yesterday?

He said the House is going to vote on a bill to release all of the files related to the late financier, convicted child sex offender, Jeffrey Epstein next week. He said on Wednesday that a discharge position to bypass leadership and force a vote on the bill, hit the benchmark for needed signatures. It's been decided by him to expedite the vote for the bill, which under the current rules could have been delayed until at least early September.

So he says, as soon as that petition hit, the needed 218 signatures, I brought it up. Unanimous consent. Let's go! Release it.

So he's pushing this forward. Good, Mike!
Release all of it. Thank you!

Get it out. Lance this boil.

I mean, if anybody thinks that you're ever going to get the truth on this in the first place, it's madness. It's madness. Everybody -- I mean, so many important people were involved in this, and it was in the hands of the Democrats for the longest time. Okay?

So they had all of this information. You don't think it was all picked through? And if there was anything about Donald Trump, you don't think that would have come up between 2020 and 2024?

There's nothing in there about Donald Trump. These people are so stupid. This time, we've got him, boys. This time, we've got him.

No, you don't. This time, it's like Wile E. Coyote. This time, we've got the Roadrunner!

No. You're never going to catch him on this. It doesn't work. The guy was the most investigated person in the history of the world, and you've got nothing! Now, it's good to come out.

But if you think you're going to catch a bunch of people on the left, you're not going to. Because they had it, you know, in their possession.

You don't think all of the names were taken out? You don't think things were destroyed, if there was anything? I believe there was something. But I don't believe there's any names in it anymore. You're not going to get the truth on this one. You're just not going to get the truth, but release everything that we have. Everything!

Oh. Oh, by the way, also in the Epstein emails. How come nobody is talking about this one, Stu?

This one is from Michael Wolff, to Jeffrey Epstein. And then Jeffrey Epstein responds.

So Michael Wolff writes, "What's the thumbnail on Nes Baum (phonetic) Foster?"

And Jeffrey Epstein writes back, "Nes Baum White House Counsel, dot, dot, dot, Hillary doing naughties with Vince."

Now, Vince Foster killed himself, you know, and then killed himself at the White House. And then drug himself across the street to the park.

I mean, I don't know -- the Vince Foster thing is so old. And it doesn't -- but why is nobody talking about that one?

Why is no one talking about that?

Also, this the Jeffrey Epstein email bundle, ABC, you don't feel that's necessary to bring that one up?

Huh. Interesting.