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THIS is when our free press stopped working for the PEOPLE

The Department of Homeland Security’s new ‘Disinformation Governance Board’ — which seems eerily similar to 1984’s ‘Ministry of Truth' — proves that Americans’ First Amendment rights are in great danger. But when did one of those rights — our freedom of the press — become so unimportant to actual members of the press? When did journalists and media corporations stop working for the PEOPLE and start working for POLITICIANS instead? Glenn explains how Woodrow Wilson, the White House Correspondent’s Dinner, and a desire for power created a dark path AWAY from truth for members of the mainstream media…

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So what happens when you can't say Rachel Lavigne is a dude, man. It's a dude. It's a dude.

What happens when you say, Rachel Lavigne probably shouldn't be the one we're listening to, when she comes out and says, pediatricians all agree on the importance of gender-affirming care for children. What happens when you can't question things? What happens when you can't have an opinion?

See, this is what the First Amendment is all about. The freedom of speech. The freedom to petition your government.

The freedom of press.

There is a really great book out, the know your rights -- know your Bill of Rights book.

And I talk about it in my book, addicted to you're welcome. And I talked about freedom of the press. And how important it is.

It's essential. If we are going to be free. You must be able to tolerate people saying crazy stuff. And when I say you, I especially mean the government. When the freedom of the press was first. And freedom of the speech was first put into the Bill of Rights. It was challenged. How far does that -- how far does that mean?

How far can you go?

Remember Edison, it was about 100 years later. He was like, I have a crowded movie theater. Because we're watching a movie. Don't cry fire.

So it took about 100 years before we got to that. But you can say fire, in a crowded movie house. You can't incite a riot. You can't incite panic. But I've been on stage, in several crowded theaters, all across the country. And I have said from the stage, fire!

There are certain things, like the press now is saying, Elon Musk, he's going to let people just say they're going to rape me, and give me threats of death, on Twitter.

No. No. That's against the law. That's against the law.

So if you break the law, by inciting violence, inciting a riot, well, then that's not freedom of speech.

That's breaking the law. Well, what's protected? Your opinion. Even believe it or not, lies or things you can't prove about the government. This is -- this was really well-thought out. About freedom of the press. Around the turn of the century in the 1800s.

They had the sedition act, and that's where the guys who just wrote the Bill of Rights were like, you know what, they're saying bad things about me, in the government. I don't like it.

And so we went back and forth, and they passed the sedition act.

Now, Woodrow Wilson did the same thing. He tried to do exactly the same thing, and stifle people. And now we're doing it again.

It rears its head, about every 100 years. And that should tell you something. Politicians and people never change.

We're having the same argument. So how do you -- how do you punish people?

When an author, an opinion guy, like I am. When a newspaper prints something, and the government says that's false, and the government has all of the tools at its disposal, it can hide documents. It doesn't have to for national security purposes, release certain information.

When they are the highest authority in the land, and you're like, no. I'm telling you, they're doing this.

How do you prove that?

And do you want the federal government, to be able to say, no. You can't say that!

Would you want Nixon to be able to say, to the Washington Post, you can't publish that!

Would you want the Pentagon to say to the New York Times, you can't publish those papers!

That stuff never happened. Imagine -- imagine how different it would be. How does a government ensure the freedom of the individual and the press, if they're the arbiter of truth?

How do you do that?

Our Founders actually came up with a couple of really good statements. Truth of opinions can't be proved. Allowing truth as a defense of freedom, is like asking a jury to say, what's the best food or drink?

It's an opinion. So you can't prove the truth, of opinions. So opinion is covered.

A citizen should have, and I'm quoting. Should have the right to say everything which is passion suggests. He may employ all of his time. All of his talents. And if he's wicked enough to do so, in speaking against the government matters. And using things, that are false, scandalous, or malicious.

Despite this, even if he condemns the principle of Republican institutions, centers the measures of our government, and every department and officer thereof. And ascribes the measures of the former, and conduct of the latter however upright to the basis motive, even if he ascribes to the measure and acts which never had existence. Thus violating at one, every principle of decency and truth.

He needs to be protected in his speech. Holy cow. You want to know how far it goes?

That's it. That's it. This was something incredibly new and novel.

No government had ever done anything like this. It was so radical, we're still debating it.

That's -- that's the key to our Founders. They were radicals. So much so, that we don't think of this, as old, dusty, and irrelevant. That's as irrelevant -- that's as relevant today, as anything else.

John Thompson wrote, the government cannot tell a citizen, you shall not think this. Or that upon certain subjects. Or if you do, it is at your own peril.

This was the first time, the government was the slave.

Not the other way around.

The master was the citizen. We could tell government what they can and cannot do. But we cannot have the government tell us, what we can and can't do.

Now, it took about 100 years, before all of this was dismantled again. Progressives started to dismantle free speech in the way that it would help them, and injure their foes.

But John Stuart Mill, and his book on liberality said, the silencing of opinion is a particular evil.

For if that opinion is correct, then we're robbed of the opportunity of exchanging error for truth.

And if it's wrong, we're deprived of a deeper understandings of the truth. In its collision with error.

Now, I brought up the progressives, because the White House Correspondents' Dinner happened this weekend. And nobody paid attention to it. Nobody paid attention to it.

Because we know who all of these people are. There are 3,000 people that attended this. And they all gave themselves a big round of applause. Because they all showed their vaccination certificates at the door. That's great. But what is this? How did this even begin?

What does to do with the DHS, and the ministry of truth?

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(music)

So the president has always had press conferences. And what changing in the 1900s, is the -- the press used to work for the people. Their idea was, that the people in Washington DC, are the guys who are corrupt. And have power. And are trying to steal money and power, from the people.

Woodrow Wilson and the progressives changed all of that. And they changed it. In 1914, Woodrow Wilson decided, I'm not going to give any more press conferences. And everybody was like, wait. What?

And he's like, no, I don't think so

And all of the reporters went crazy. He's like, okay. I'll have them from time to time. I'll have them. But I'm inviting only the people that I want to invite.

That's where the White House Correspondents' Association started. They started, because they saw the White House as an enemy. And the White House was trying to cut off access. And so the White House correspondents got together and said, hey. We're the ones who will cover. And you don't tell us, who will be in, and who will be out. Okay?

Then Woodrow Wilson had this idea, what if we just get them all together, and we make friends?

We just bring them into our circle?

This happened around the same time, they were starting with Colonel House, the best friend of Woodrow Wilson. When they started the Council of Foreign Relations. And no matter what it is today, what it was started as, was let's get the scholars, the politicians, and the media together to explain to them, so they can understand, and explain it to the people.

Because the people are too stupid. This is where you start getting the press, looking down their nose at the average American. Before that, it wasn't happening.

After the Wilson administration, they start thinking, that they are better. Because they know. Because they're informed. They talk to all the experts. They talk to the politicians. They know who they are. We just had dinner the other night. And we made mad passion and love after that.

And so that's -- they start gathering as a group of intellectuals, politicians, and media.

In 1920, I think, the first White House correspondents -- there's like 50 people there, in '24, Silent Cow goes. And Charlie Chaplin makes fun of him. But it was a very small group of just the correspondents.

It was a small group. They would put -- back in the '50s and '60s, Frank Sinatra would show up and sing. But there was no comedy until the '80s. That's when they started bringing the comedians on.

And the comedians used to be neutral. And kind of, you know, Jay Lenoish. So it wasn't -- you know, nobody's hair was on fire. And then in '94, Don Imus, a good friend of ours, went on -- went on the stage and started making fun of Bill Clinton.

And, you know, cigars. And everything else. Ninety-four -- it was '96, I think.

That's when -- that's when -- that's when things kind of changed at the White House Correspondents' Dinner.

Thank you, Don Imus. But Don Imus was doing something that none of the rest of the press would. He actually talked about -- he burned everybody to the ground.

That's what should happen, and that is exactly the kind of stuff, this new disinformation governance board, is involved in. In fact, do we happen to have the clip from the weekend?

Here's Mayorkas, cut number seven. Here's -- this is the Secretary of DHS.

GLENN: Will American citizens be monitored?

VOICE: No.

VOICE: Guarantee that?

GLENN: He didn't --

VOICE: What we do -- we in the Department of Homeland Security, don't monitor American citizens.

VOICE: You don't. But will this board change that?

VOICE: No, no, no. The board does not have any operational authority or capability. What it will do, is gather together, best practices in addressing the threat of disinformation.

GLENN: Okay.

VOICE: From foreign state adversaries.

GLENN: Hold on just a second.

Mr. Secretary, follow-up, are you using any other agencies, that do monitor? Are you using agencies, from other countries, that will monitor?

They're not going to give you the truth anyway. But whenever anybody in the government says, oh. We're not going to -- I can guarantee you. They're already doing it.

We're already like, oh, yeah. In fact, I knew that question was coming. Because I've been monitoring between you and your culverts on the questions you're going to ask me today. Of course. Of course, they're monitoring.

STU: I love how they blow it off as like, hey, we're announcing this big initiative. It doesn't do anything though. Whatever you think two may do. It doesn't do those things. It does nothing.

It's a total waste of time. Don't worry about it at all. Because it's only -- it's a positive idea that does not accomplish a thing. That -- wait. What?

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The ONLY Trump/Epstein Files Theories That Make Sense | Glenn TV | Ep 445

Is the case closed on Jeffrey Epstein and Russiagate? Maybe not. Glenn Beck pulls the thread on the story and its far-reaching implications that could expose a web of scandals and lead to a complete implosion of trust. Glenn lays out five theories that could explain Trump’s frustration over the Epstein files and why Glenn may never talk about the Epstein case again. Plus, Glenn connects the dots between the Russiagate hoax, the Hunter Biden laptop cover-up, and the Steele dossier related to the FBI’s new “grand conspiracy” probe. It all leads to one James Bond-like villain: former CIA Director John Brennan. Then, Bryan Dean Wright, former CIA operations officer, tells Glenn why he believes his former boss Brennan belongs in prison and what must happen to prevent a full-blown trust implosion in American institutions.

RADIO

Rumors explained: Is Fed Chair Jerome Powell OUT?!

After rumors spread that President Trump would soon fire Federal Reserve Chair Jerome Powell, Trump has said that he's "not planning" on it right now. But is it possible for Trump to fire him? Will he resign? And how is the Fed Chair even chosen in the first place? Glenn and his head researcher Jason Buttrill explain ...

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, last night, I was rapidly looking the lie some of these rumors, on X.

Pretty incredible people on what's going on with Jerome Powell and the fed.

What the heck?

I was actually popping popcorn and watching this. It was so crazy.

GLENN: So it's just the rumors, that he is going to be stepping down?

JASON: Well, yeah.

Yeah. Anna Paulina Luna. Congresswoman. She was saying, it was almost imminent, that he was about to be fired. Actually fired.

There were other rumors saying, well, we're not sure about fired.

But he's considering resigning.

GLENN: Yeah. You know why.

JASON: We were like, what the heck is going on?

GLENN: So do you know why?

Do you know why he's resigning? Any guesses? I mean, you had popcorn out. I would love to hear what you have come up with.

JASON: So there was the CPI stuff coming out. The interest rates going up.

We know that the President wants interest rates to come down. I'm assuming that is what the deal is, and there's some sort of internal battle going on.

GLENN: Well, and the president can't fire the Fed chief. Okay?

So the Fed chief is the one that nominated. The federal reserve is the biggest crock of bullcrap I've ever seen in my life.

It's nothing, but the five biggest banks. Okay? And you know which ones they are. They're the ones that keep getting bigger. And everybody else is falling to the wayside.

So the Federal Reserve is the arm of those five banks.

Okay?

And they suggest, who the president can select from.

So the president can't say, I don't want any of these guys. I want this guy. Can't do it.

He has to take a look at the list that all the banks have put together. Is. Say, pick from this list, Mr. President.

Did you know that?

JASON: It's kind of how Iran chooses their next president.

GLENN: It's exactly. It's exactly that way. Except, this religion is all about the almighty dollar.

Okay. So he can't -- he can't pick on his own. But the president has a right to pick one, you know, every term. If it comes up in his term.

The president wants this guy out. And I think he's been really, really bad.

Because he's been wrong on almost -- on almost everything. But show me the -- show me the Fed, you know, the guy who the Fed was right ever.

So he can't fire him. But he wants him out. Because he wants interest rates dropped.

And, you know, the jobs are coming back. Things are coming back.

But interest rates keep coming up.

And the -- and the interest rates, if we keep our interest rates high, we have a harder time borrowing money for our debt.

And it just gets more and more expensive for everybody all along. So the president wants him to back off interest rates. But the Fed chief believes that that could cause more inflation.

Which I think he's right on that one. And I hate to say he was right on anything.

Because I don't think he was ever right.

Makes me question myself. When he's like, well, I think he might have a point on that one. But the president is like, no. He can handle it.

I want them down. I want cheap money again.

He refuses. So what has the president done?

The president can only fire him, with cause!

So what do you do when you can only fire somebody with cause, and you want them out.

You find a cause, and this one is easy.

So the Fed has been the one leading the way saying, we can't keep borrowing money.

We've got to have some fiscal sanity. Right?

This is going to kill us. We have to keep these interest rates high, because you are borrowing too much money. And maybe this is the only way to stop you.

So we got to keep it high, because you've borrowed too much money. And how many times has he testified in front of Congress? We've got to cut. We've got to cut. You can't keep spending like this.

Okay? Well, did you know that the Federal Reserve, with our tax dollars, the five biggest banks, a/k/a the Federal Reserve, is redoing their offices. To the tune of two billion dollars!

Now, I don't know what kind of wallpaper they need there.

But that seems like a pretty hefty renovation, especially when everybody is looking at cutting things. And you're lecturing me about spending money. So they get money from the government, okay? They're telling us, stop spending.
Stop borrowing.

Except, okay. What you've borrowed. I need $2 billion of that, to redo our offices in Washington, DC.

Excuse me?

Why don't you do that yourself. Okay. I think banks maybe have some money.

So they're borrowing that money, and there's $700 million over.

So it's $2 billion. $700 million over budget. And they're still not finished.

And the problem is: They're putting in water features.

They have a rooftop garden they're building.

JASON: Okay.

GLENN: I mean, it is -- it's insane. The president now knows, really? You want to play this game with me. I will sit your ass down in front of Congress, and you answer to the American people, how you're lecturing us about spending. And you're putting in a rooftop garden and a water feature in your office. No! No.

So the president is now threatening, I'll fire you for this. You want to quit, now would be the time to quit.

Otherwise, I'm dragging your butt in front of Congress.

You answer to the American people for this. And they will beg me to fire you.

That's what's happening.

JASON: I looked at that a lot.

Because I was like. There's got to be some leverage that the president had, because they can't get rid of.

But that is a pretty big cut. That sounds like a Babylon Bee article. $2 billion.

GLENN: It does. It does. $2 billion, 700 million over budget.

JASON: Oh, my gosh.

GLENN: I mean, and these are the responsible bankers. No, I don't think so.

It just shows, they don't mean what they say. They'll just keep doing it for themselves. You know, if you really believed that America was really on that financial cliff, why would you do that?

You would lead the way and say, guys, we are going to be the only responsible ones here.

We will lead by example.

No renovation. You know what, go to IKEA?

You need a new desk. Go to IKEA, and get a new desk. Well, we have to keep up our image. We're not going to have a country.

So what do you say, we go to IKEA?

Our image should be, we are going to lead the way out of this madness!

That's what a leader would do.

JASON: So, Glenn, I still don't think I get this disconnect between Trump and Powell on -- we know Trump wants to lower interest rates.

Powell is standing back and saying, basically, he doesn't want to do it.

Is he trying to undermine President Trump on this?

GLENN: President Trump thinks so. President Trump thinks so.

I think so, to some degree.

I mean, I'm worried about inflation.

Look, you know what happened. Do you know what's happening with yap?

JASON: What's happening with Japan?

GLENN: So what's happening with Japan, is Japan has always had this really amazing image of, we're solid. We're absolutely solid.

This is target to crack. The foundation.

1989.

Let me go back to 1989.

This was the crown jury trial of the global economy.

Back in 1989, you probably aren't old enough to remember.

All of a sudden, Japan owned everything in America. We were just becoming Japanese, and everything was being purchased by Japan. Kind of like it feels a little bit like China now.

JASON: They even owned Nakatomi Plaza, Glenn, that Bruce Willis had to save -- they owned everything in every '80s movie!

GLENN: Oh, yeah, they owned absolutely everything.

Okay? And the -- things were so insane in Japan. The grounds of the imperial palace, in Tokyo, on paper was worth more than the entire value of the state of California.


JASON: Wow!

GLENN: Okay?

So their land. Everything just shot up. And so they had all of -- they were flush with all this cash.

And people believed that Japan had suddenly, you know, cracked the formula for, you know, eternal prosperity.

That's the problem. Then it all started to fall apart. And the asset prices. That they had mortgaged against.

Okay?

They had borrowed. Well, the imperial palace was worth more than California.

That doesn't make any sense. You wouldn't mortgage it like that. At least long-term. I will do this real quick, and pay it off.

You would never, ever mortgage, because you know that's inane. Well, nobody ever wanted -- and it seems in governments, nobody ever wants to believe that this is just a fluke. Okay?

So the asset prices collapse. The stock markets plunged. And for three decades, they have gone into this very polite political coma.

Okay? Economic coma. And so the central bank did something radical. They were the first ones to set your interest rate at zero. They lowered the interest rate. They made money so cheap, it was nearly free. Zero percent interest. Sometimes, they would pay you to take out money.

So the -- they had negative interest rates. Can you imagine that? Now, you're not fixing the problem. You're just printing wallpaper to cover the mold. All right?

So they've done this for decades.

Now their debt is I think 260. Or 280 percent of their GDP.

I think, what is ours?

100?

80 percent.

Something crazy. 120. You never believe back.

The death threshold is usually 120, 140.

They're 260 percent of their entire economy is debt.

That's not a crack. That's a fault line.

So this week. Or was it last week? Things started to creek and grown in Japan.

And the government bonds, which are like our treasuries. Is this getting too complex.

Are you following this still?

JASON: Yeah.

GLENN: Okay. So their government bonds.

They were the safest investments on earth.

One of them. Okay?

It's us. Japan, Germany.

They started to fall.

Hard. And when bond prices fall, interest rates were the easily go up.

All right?

So they borrow all this money.

260 percent of their GDP is borrowed. Okay?

So they borrowed all of that money. And they had it at like 3 percent interest. Whatever.

2 percent interest.

And they were paying people.

2 percent.

Well, all of a sudden, the cracks started to appear. And people were like, I'm not sure this is stable at all.

And then the belief of the system started to -- to go away. So people started selling their Japanese bonds.

Once they do that, now the yields have to go up.

What happens when yields go up?

What happens when interest rates go up? For a government. You have to pay more interest on your debt!

Okay?

You add two or three points.

Just imagine, you have an adjustable rate. Okay?

This is a government having an adjustable rate. Except, they have 260 percent of everything they make, in debt!

And it's all leveraged.

And now, their adjustable goes up two, three, four points.

You're not able to afford that anymore, okay?

So massive problem.

Because what it really means is. People don't believe in Japan.

They know the con game is now over.

And investors are saying, you know, I want a whole lot more in return.

Because I just don't believe you anymore.

And it's not just Japan's problem. This is not a neighbor's house on fair.

This is -- imagine we're all living under the same roof. This is the neighbor's apartment, on fire.

We're all under the same roof. We all have the same foundation. And so when this happens to Japan, you should pay attention. And I'll show you the ripple effects in just a second.

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(music)

GLENN: Okay. So now if Japan -- that means there's a stampede out of Japan.

And people are starting to look and reprice the risk of their money.

Now they're like, wait a minute.

The most stable. You know, if you're driving a car and it is the safest car in the world and all of a sudden, they just start blowing up on the highway.

You're like, I don't think that's the most -- that's the safest car on the highway.

And if that's the safest car, what does it mean for the car I'm in?

You know what I mean? So now, this is going to push US interest rates going up.

Which makes our mortgage rates go can up. And our car loans more expensive. And the national debt. Which is already costing us $1.2 trillion a year, just in interest.

Now, they can't sell their treasuries. People are skittish on treasuries. Maybe they come to the United States, but they're not so far.

They're getting out of the Japanese interest. Or the bonds there.

Japan has to pay their bills.

What do you do when you have to pay a bill?

And you don't have any money coming in.

You don't have enough money coming in. What do you do?

You sell something. Right? You sell your car. You sell something that you have of value.

Well, what do they have? What do they hold of value? US Treasuries.

So now, we are trying to sell our bonds, for our new debt, they hold our old debt.

They're saying, hey. Anybody want to buy this debt? Because I have to sell it. Fire sale. What do you give me for it?

Okay?

Which makes that debt more attractive, because they can get a better deal there.

Which means, if we want to have new debt, we have to raise our interest rates. Which means, we pay more for interest for our mortgages and everything else.

And it floods the market with bonds, crushing the prices, skyrocketing the costs for us.
And causing even more trouble, in other countries, that have US bonds. Because they start to look and go, nobody is buying these bonds.

Well, of course not. You have two countries. The two stablest countries besides Germany.

You have the two stablest countries now selling US Treasury bonds.

Okay? Really, really bad.

Now, let me add this on.

Germany is now having to pay for their own army.

And so they said, they're going to borrow money.

To build the army.

And they're going to lower their interest rate. So they can borrow more money. All right?

And now, the German bund, which is -- you know, like our Treasury. That's now starting to fall apart.

Well, Germany has some assets, they can sell.

What do you think that asset might be that they want to sell?

US treasuries.

We have been playing an extraordinarily horrible game.

This is why I believe the president wants somebody else in charge of the Fed, because the Fed can say, we're lowering the interest rates.

Because he's got to get more money into the system. So people can spend money, can start businesses. Borrow money.

Get things moving, so we can increase the amount of taxes that we collect.

The more people money -- the more people make, the more taxes we collect.

So he's like, we've got to grow the economy. And the only way we can grow the economy is to lower the interest rates.

But at the same time, interest rates around the world because of what's happening with the bonds is going through the roof.

We are in a very -- we've never been in this position before.

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Conspiracies are of course real and occur every single day. But yet, many in the media and elite political circles attempt to use the term "conspiracy theory" to smear and discredit those who are skeptical of conventional narratives. Where did this term come from and how should we understand it? Journalist Alex Newman joins Glenn Beck to break this down and how it impacts the world as we see it today.

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