RADIOJanuary 24, 2023

THIS is why global elites & the WEF want you to OWN NOTHING

Global elites and the World Economic Forum may be trying to hide it now, but they’ve clearly stated in the past that by 2030, they want you to ‘OWN NOTHING.’ And that goal, Glenn explains, run entirely oppositely to the principles on which America was founded. Ownership is a HUGE part of the American experiment, so what happens when it’s taken away from us? In this clip, Glenn is joined by Carol Roth, author of ‘The War On Small Business.’ She says the anti-ownership goal of global elites is making us into ‘indentured servants,’ and that there’s one, huge way we can all peacefully fight back…

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, Carol, it's a new year. A new you.

How are you?

CAROL: You know, I'm doing well. I'm just making sure that my private jet is doing okay. Because, you know, there was a climate crisis going on. It was very important for me to go take my private jet to go talk about the climate crisis. And then have steak dinners, while I tell everybody that meat is bad. So just trying to get that all together.

GLENN: It is so crazy. By the way, did you hear today, let me see. It was just approved -- where is it? Where is it?

Yeah. The European Union just approved cricket powder, as a component of flower-based foods.

CAROL: Amazing. Amazing. Sounds tasty. Looking very forward to that.

GLENN: Yeah. I unfortunately have a deep allergy to crickets.

I can't have anything with crickets in it. It's too bad.

CAROL: We're all going to develop cricket allergies, as part of our crisis.

GLENN: Yes, and I want to play this clip. This is from the World Economic Forum, last week. Listen.

VOICE: What is a polycrisis? And how and when could it happen?

VOICE: We're actually in the midst of one at the moment. We have energy crisis and food crisis. And they're all happening at the same time. It's the set of concurrent cascading risks that happen at the same time.

So that's where we are today. That's 2023.

What we're seeing though, that in the two-year time frame. And the ten-year time frame, we're at the risk of more of these polycrises unfolding. Two years out, there's still a concern on the experts that we surveyed, that the cost of living will be number one. But at the same time, a big risk of natural disasters. Ten years out, it's all --

GLENN: It's all natural disasters. Nothing else, but natural disasters. She doesn't seem to find any irony in the fact that we're in an energy crisis and a food crisis and a trust crisis. When all of those come directly from the policies of the World Economic Forum.

CAROL: Yeah. First of all, I have to say it sounds more regal, if you say it with sort of a British accent.

Polycrisis sounds much more terrifying. So I think we should do that. But it is. It's so ironic that they're sitting here, and they're talking about the inflation.

They're talking about the energy issues. They're talking about the mistrust and disinformation that came from the policies, that stemmed from global governments, and the World Economic Forum.

I mean, they are the ones that shut down, and said, we need to have this wonderful Great Reset.

They're the ones. The central banks around the world. That printed trillions of dollars. They're the ones that moved away from traditional energy. Because of the push from the World Economic Forum. So they've caused these crisis. All of them. Except for this global climate emergency, that clearly no one is paying attention to.

So we now have to add into our polycrisis or have Al Gore go on an unhinged rant, to make it extra special.

GLENN: Can you give direct correlation to our inflation from ESG?

CAROL: 100 percent. If you think about what inflation looks like. A large percentage of that was gas. Some of that was shipping costs, related to the cost of gas. And then, you know, fossil fuels have 6,000 derivative products, that all thing up in price, because of the cost. And the cost went up because we didn't have enough supply. And we didn't have enough supply because of ESG policies. ESG policies directed capital away from investments in fossil fuel, to the extent that Saudi Arabia, and OPEC, says that we're underinvested by, like, $12.1 trillion over the next coming decades.

So by doing that, by ensuring that companies, who make the investments in drilling and processing, for fossil fuels. Couldn't do that.

They are directly attributable, to the increase in prices. As well as, you know, the obvious direct correlation to the increased energy prices.

GLENN: So here is something that you're hearing. And you're just hearing the setup, right now.

That the Republicans are going to be so dangerous on this debt ceiling. And we are just going to default on all of our debts. And we will have no credibility.

We have no credibility now. But we're not going to default on our debts. But they are talking about the debt ceiling.

Why should the average person care about this?

CAROL: So the reality is, we shouldn't care about the debt ceiling. We should care about spending.

I mean, the debt ceiling is just saying, we cannot finance our overspending with debt anymore. But they don't do that at the same time that they pass the bill. They do it after the fact. So they've already spent the money. And you have to pay for it.

Short-term, we're not going to default on -- on our debt. It's just stupid. We have plenty of assets, that we could lease or we could sell if we got into a pickle, or things that could be reconfigured around. But in the medium to long-term, the spending is unsustainable.

And so if you overspend, and you have a deficit, there are only so many ways to find it. And we're probably not selling off all our assets at this point in time.

So that means, we're going to finance it with debt. And it's just going to become by and large, and bigger. To the point, that it becomes unsustainable, from a tax standpoint. From a money printing and erosion of your wealth and value standpoint.

And so that's really the area that -- this whole debt thing is kind of the sideshow at the circus. We need to be focusing on the main act. And that is the spending.

And I said this before, Glenn. If we just rolled back, like, five years.

If we went back to 2018 spending, which, you know, two years before the pandemic. Or even the year before the pandemic, we would be running a surplus, we would be paying down debt.

Or 2018, we would be about breaking even. So it's not like we would have to change that much, to get this under control. And they refused to do it.

GLENN: Okay. There was a call last week, for a windfall tax on food companies.

I've never heard anything more dangerous and stupid than that.

CAROL: So there's a legendary investor named Charlie Munger. He's Warren Buffett's partner in Brookshire Hathaway, one of the best.

And he has this famous saying that says, show me the incentive, and I will show you the outcome.

The reality is that taxes influence behavior. And if you don't want something, you tax it. That's what you do. Right?

GLENN: Right. A tax on SUVs.

CAROL: Right. A tax on Sim products. Alcohol. We don't want them.

We tax those things. By the way, the things we want. We get tax credits.

GLENN: Marriage, kids. All of it. Yeah.

CAROL: So here's what you're saying. We're going to tax food. And it's saying, we do not want you to produce food.

Who says that, other than utterly nefarious, and crazy people, who want people to starve.

It is utter insanity. And the fact that people are like, oh, yeah. That makes a lot of sense.

We should definitely put a tax on food!

It's -- I mean --

GLENN: First of all, that -- that does not hurt anybody at Davos. But it hurts the very poorest among us, in the world.

And I'm not even talking about America. I mean the poor of the poor. And they're already in a food shortage. These people are so anti-human, they do want people to starve.

They also, you know, said that they are raising, I think it's $3 trillion, privately, and with the help of governments. To buy farmland. To buy up 30 percent of the land eventually, 50 percent, on the entire planet.

CAROL: Yeah.

GLENN: And they're talking about 30 percent by the end of this decade. And they're going to do it with fundraising. I mean, the guy who was talking about it, was -- was John Kerry.

I mean, it's insanity.

They -- when will people understand, they mean you will own nothing.

CAROL: Perhaps when they read my next book, which you have been instrumental in helping shape.

Which ironically, is called You Will Owe Nothing.

And connect the dots between all of these things that they are saying, and the destruction of our property rights and freedom.

I mean, when they come out and say, oh, you know, we -- you owe nothing. That's a right-wing conspiracy.

It's not. It was on their website. In an article in 2016, which now they -- I think they have pulled. So we --

GLENN: Yeah, they have. They have.

CAROL: We can use the wayback machine to resource it. Then they made a video that they put their logo on, that it was their first prediction.

So they're predicting the end of private property. This is not a coincidence. And, by the way, it's not like a cute little Jetsons fantasy. It's not Rosie the Robot folding your laundry. Like, these are scary things. But they're going, oh, this is going to be great for you.

This is not great. And so going through all the different things. That we've been talking about, ESG. The purchase of land by private individuals.

It is scary how much has been purchased by a small group of people, and as you said, the government is now paying to take some of that farmland, out of commission.

There are reasons for this. There are sort of empire cycle reasons for this. And there is a jockeying of the elite to put themselves in positions to rule.

GLENN: What do you mean an empire building process? What do you mean?

CAROL: End of empire. So basically, we are where the Romans were at one point in time. Where the British were. Where the Dutch were. And here's this sort of disconnect between high debt loads and power. And when we're in a high debt situation like the US is, and frankly a number of other countries, the people in charge get desperate. And they start doing desperate things. They never cut back on services.

They never try to salvage it. They just kind of run straight into that cliff. This has happened many, many times in history.

And we're moving in that direction. The elites see this.

So all these things we're seeing is basically them trying to reshape the outcome and put themselves up on top, by having you owe nothing.

GLENN: Correct.

I'm going to go back to owning nothing.

And the -- what that does to a nation, that was built around ownership.

That is a total reversal of the basic foundation of America, and most of the western world now.

More with Carol Roth. I'm sure you can -- can you order the -- the book yet?

CAROL: No. But you can sign up for more information at CarolRoth.com/Glenn.

And we'll let you know.

GLENN: Yeah. It will be a good book. I have seen the outlines. And it's really -- she's good.

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(music)

GLENN: So what does this mean, Carol, the -- the idea that you will own nothing, in a country that's whole identity and whole theory is that you can become wealthy. You can change your station by even landownership. Just being able to own something and call it yours, is fundamental to the American experiment.

What does that do to us?

CAROL: I mean, if you owe nothing, then the powers that be, own you.

It completely changes everything. It crushes the American dream. And it makes basically -- basically makes people indentured servants to the government.

And, you know, to some extent, big tech as well. I mean, that's really -- if you think about all these things that are being put out there, they sort of want to take your life and rent it back to you. Whether it be through a terms of service, or through, you know, dependence on the government. But that is the goal. They want that intradependence. They want you to not have freedom. Not to have agency. Not to make your own choice.

They want to control everything you do.

And it's coming from a wealth standpoint. It's coming from a technology standpoint. It's coming from a cultural standpoint.

Social credit. So, you know, really, this is -- this is a war. And this is one that you're going to have to fight, on multiple fronts. And at the end of the day, we need people to own everything.

We need you to have that ownership, so that you can fight back, and not be at their whim.

And not be an indentured servant to big technology, to big business, and to the global elites.

GLENN: If we don't stop the regulatory state, the unelected officials from just being able to introduce new rules on things.

If we don't stop that, you -- you won't own anything.

Because they will make it so onerous, that there's no way you could afford to own it. They don't have to take it. If you're so broke, there's nothing else you can do, but sell it.

CAROL: Yeah. It used to be when they were looking for riches, they would go out and invade another land. And they would take those riches. And obviously that's somewhat politically unpopular. But for whatever reason, this legal plunder, the idea that they're stealing our wealth and doing it in a legal way, because they're passing the rules and the regulations that we have to deal with, somehow is more palatable to people. And it shouldn't be. This is your wealth.

GLENN: That's the sheriff of Nottingham story. I mean, all the king did was just say, hey, what's yours is now mine.

CAROL: Right.

GLENN: Go, sheriff, go out and take it. And he would take it.

That's Robin Hood. This is the part they always get wrong. They think Robin Hood worked for the government.

No. Robin Hood was against the government. Because they were doing exactly what they were proposing to do, to the entire world now.

CAROL: Yeah. And if you look at just a case study, like Venezuela, who, you know, mid-last century was the fourth wealthiest nation in the world, and they used this rhetoric. They said, things are unequal. And we wanted to make it more fair.

So us and the government, we'll just nationalize everything.

We'll take it over, and you'll be so much better off. And with that, they went from the fourth wealthiest country in the world, to, you know, a recent study, showed that the median net worth of a person in Venezuela was zero! Literally zero.

So that is, you know, a very clear case study on how quickly it can happen.

To say, it will never happen here in America. Ten years ago, 15 years ago, maybe I agree with you, Glenn. But look at what just happened over the past few years. Look at the level of compliance, with these COVID rules and regulations. They took away people's jobs and livelihood. Of course, they're going to continue down.

GLENN: I remember saying in 2008. We stay on this path, we will be Venezuela.

Venezuela had just really collapsed. And I realized at the time. And I said it at the time. It took 20 years, to take that strong state, that was the fourth wealthiest, and destroy it.

Well, we are now approaching a 20-year mark, where we have been doing it.

It's not out of the realm of possibility. In fact, every day we continue down this road, it becomes more likely. All right. Her new book coming out soon. You will own nothing.

CarolRoth.com/Glenn. Will get you all the information. CarolRoth.com/Glenn.
(music)
Carol, talk to you again.

CAROL: Thanks, Glenn.

Welcome to Torch. EVERYTHING is about to CHANGE...

Everything changes January 5th

Torch.

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Could Trump’s “warrior dividends” CHANGE the economy?

President Trump has announced he is giving our troops “warrior dividends” of $1,776 each from the money raised by his tariffs. Glenn and Stu debate whether this is a good idea. Also…what are the odds that the Republicans will cave on Obamacare subsidies?

Transcript

Below is a rush transcript that may contain errors

GLENN: So something the president said yesterday, that I thought was really, really good. Because it will make a difference. And it's not a redistribution of wealth. He talked about his warrior dividend.

He said, every -- the 1.45 million military personnel are going to receive $1,776 before Christmas. And he says, it's recognition for their service and sacrifice.

He says, it's one time. It's coming from tariffs because of the big, beautiful bill. Tonight, I'm proud to announce, more than 1.45 million service members will receive a special we call warrior dividend. Warrior dividend in honor of our nation's founding in 1776. We're sending every soldier $1,776. The checks are already on the way.

I think this is better than choosing another group of people. You know, who is poor? And let's give them the money. I don't like when the government hands out money. But if anybody -- I mean, they're already on the payroll, and they're underpaid. And if anybody can use it, it's the military. $1,700 is a huge amount for most people in the military. Gigantic amount. That will make an actual impact in the people's lives, who I think actually deserve. You know, we -- we don't do enough for our military. And so it's the best kind of -- I don't know. Stimulus package I've ever seen. Although, this isn't a stimulus package, I don't think. Even though, these people are going to pump it into -- I can guarantee you, they will get it, and they will use it on their family for Christmas. Which, you know, will stimulate the economy so much.
Warrior Dividends. How did you feel about that, Stu?

STU: A bit conflicted for a few reason. I obviously 100 percent agree with you that our military members deserve more money, and I'm excited they're going to get it. And I have no -- my feeling on that from a general perspective is very, very positive. Like, if we're going to give money to anybody.
GLENN: Likewise.

STU: Our military is great.

GLENN: Yep.

STU: So that's obvious.

But I had a couple of concerns. One being, you know, we're not exactly at a place where we just have tons of extra money lying around to -- you know, to throw around to people.

I know the argument is with tariffs that we have enough. But, of course, that only pays for a slight amount of our deficit, right know

So we still -- this is all money that we don't actually have. Number one. And number two, my -- I don't really understand. Maybe you have a better understandings of this. But like my understanding of the mechanism of how we spent money as the government is that Congress passes a bill to allocate money.

When you're talking about a policy like this. And I think the president's heart.

GLENN: You got rid of that under Obama.

STU: I don't think.

Well, I didn't get rid of it.

GLENN: You did. Congress. I know. It's still the law of the land.

But nobody is paying attention to it anymore.

Congress doesn't even pay attention to it anymore.

They don't seem to care.

STU: And the other thing with this part of it, particularly, Glenn. Is quite obviously, there would be very little resistence to a bill that did this.

If you put a bill in front of Congress that said, we're going to give a bonus of $1,776 to all our military members. I would love to do it, just to dare the Democrats to vote against it.

Take all the concerns out about spending. This obviously would pass. Because no one would have the balls to vote against it. Outside of Rand Paul, and Thomas Massie.

Like, there would be a couple people. But it would be pretty limiteds.

GLENN: Right.

GLENN: So it could have gone through the normal processes. I don't know if Trump is saying, I want to be -- I want to dare someone to try to stop me here.

Or if it's just, look, there's a pile of money in a military budget somewhere. That he can move around. And he has control of it, because he's commander-in-chief.

I don't really understand the mechanisms.

So I have some questions of that. Generally speaking, when you're thinking of the most offensive things that the government does, giving our military more money is nowhere near the top of that list.

GLENN: It's not one. It's not it. Not it. Not it. They deserve it. They deserve it.

Now, the Republicans pass something. I love this. They just passed their health care plan.
Which is just staying with Obamacare without re-upping the insurance part of it. So they're not for the subsidies. It's not going to pass. It's not going to pass.

This is just something that they pass in the House. It will not be passed in the Senate. Not going to go to the President's desk.

Here's what's going to happen: You're going to see the House and the Senate. No. No, no. Let me rephrase that.

I started that with a lie. While you're not paying attention this Christmas, you will not see, but it will happen, anyway, the House and the Senate will re-up the insurance subsidies, and they will pass this health care thing while nobody is paying attention. And then it will be over.

I mean, that's exactly what's going to happen. There's not a chance we come back and on January 5th, and we say, oh, my gosh. Look! Wow. They're going to close down the government. Because they didn't pass this health care thing.

Well, good for the Republicans for having a spine and standing up!

No! Not going to happen. Not going to happen

STU: It does appear, the chance of the Republicans folding here, is approaching 1 trillion percent.

I don't know. We're having major inflation numbers.

GLENN: I would say 38 trillion. 38 trillion percent.

Yeah.

STU: There you go. I don't know. Because basically what has happened is enough Republicans have already folded on this, for a three-year extension of the subsidies. Which again, is a giveaway on top of the normal Obamacare to make it Obamacare turbo and lock in even higher subsidies because the old Obamacare plan failed. So that's what we're talking about here. So going back to Obamacare as passed is now the worst thing in the world to even the Democrats. Fascinating!

But they have enough Republicans who have changed sides on this. And they are now -- the Democrats have enough votes to force a vote on this bill, which almost definitely will pass the House. Because they already have the votes, and others Republicans will want to now change sides, if there's a public vote. So it will likely pass there.

It's the possible, obviously, that they stop it in the Senate. They could stop it in the Senate.

I don't know. I don't think there's much appetite to stop this, honestly, at the end of the day.

You know, you probably will have a chance of doing it, at the Senate. That's the best chance.

My guess is, what happens. Once the pressure is there, they find a way to maybe adjust it and do a year or something like that, that gets them past the election.

But, of course, what happens this a year. We all know what happens in a year. It's the same thing that will happen this year.It the same thing that happened four years ago, when the first part of this bill went away.

In 2022. Or 2021. They came in and said, okay. Let's extend it for four more years. My guess is, there will probably be some adjustments to this plan. I don't expect at all, for Republicans to hold the line this. Not only do they not want to get rid of Obamacare. They don't even want to get rid of Obamacare turbo. They passed this thing yesterday, which does give them the argument to say, hey. We did pass some of it.

We do have a plan, it's right here. But that's all of it.

GLENN: Stu. Understand the reality. Understand the reality.

We can't get things done unless we have the House and the Senate and the White House and the Supreme Court.

So we just have to wait until we have a time when -- what?

STU: Glenn, I have breaking news.
We've got all that! We've got all of that right now.
GLENN: Well, but it's not. Yeah. It's not as big as we need it, really.

STU: Oh, yeah.

GLENN: We have to have the House, the Senate, the White House, and the Supreme Court. But we have to have more than what we said, when we said those things.

We just need those -- you know, all three branches of government. We need all three branches of government, but more.

It's like we need -- we need that turbo, kind of like Obamacare turbo.

It's never quite enough to get the job done.

STU: Never is, Glenn.

I really do expect, if we have a nine-zero Supreme Court, the presidency, and 534 combined Congress men and senators, we can't do this with this guy over here. There's one Democrat in Congress. We can't do this! That's exactly what I would expect.

GLENN: Stand in the way.

STU: It's pathetic. But it reminds you that your goals are not their goals.

You know, that's what -- I keep coming back to. Forever, Glenn when we started this show. I started the show very young. I was in my early 20s. Didn't really understand lots of things. I was unfortunately running from you, which obviously turned into a catastrophe.

But, you know, as I learned here, at the beginning, my thought was, us as conservatives, as Republicans, as the right, agree on a lot of different things. And there are disagreements as to how we get there, right?

There are sometimes people think we need to kind of fold, or we need to compromise. And we have to move slowly.

And some other people there, saying, we have to go all the way right now.

And there's that disagreement. You remember this from going back in history. Right? Slavery was like this.

There were some people who were like, abolish, abolish, abolish. And others were like, gosh, I don't think we can do that. We have to finagle. We have to work around the edges.

Every big debate has had that.

What I've learned is that actually the goals are the same. When we are saying, hey, we need to make sure government is more -- is smaller, more limited. That's not the goal of most of the people. On, quote, unquote, our side in Washington.

GLENN: Nope.

STU: They don't share those goals. So they're working for something completely different.

They're not going to what we want, as -- as a typical American conservative.

We're inching towards some of those goals.

But also, when we need to give up on them. They go the opposite direction to keep these guys in office for a couple of years. Fine!

And that's what's really frustrating here.

GLENN: So let me give you some good news. And then I'll -- and I'll spoil it for you.

But some good news. The House has just passed legislation that makes performing transgender surgeries on minors a felony. Now, here's the bad news: It passed 216 to 211.

That means, really, there are 211 Democrats that actually in their heart of hearts think that cutting into minors, cutting the breasts off. At this point, now that we have all the data that we have gathered over, you know, five years of doing this to children. At this point, there's 211 that firmly believe, yeah, no. Damn it. We should cut off the breasts. The healthy breasts off of a healthy minor. We've got to make those -- we've got to make those decisions. And a 12-year-old make that decision. A 15-year-old should make that decision.

Really? No!

It's just politics. And if they do think they believe it, they believe it because they've been party brainwashed. You know, how many of us, on any -- on any and all sides, how many of us actually believe something and have thought it through, and how many of us are just kind of zombie following the crowd?

I contend most people are just zombies following the crowd.

Whether -- that might be a crowd now of, you know what, Charlie Kirk was killed by his wife!

There's all kinds of zombie crowds. And they don't require you to think at all.
They just require you to sign up for the team. And that's -- that's my biggest problem with the Republicans. Is I'm not on a team.

You know, when I left Fox, Roger Ailes said to me, you know what your problem is? And I said, no. But I know you're going to tell me.

What's my problem?

He said, you won't play the game. He said, you know, there's -- there are well-established rules. If you need a pound of flesh, you take a pound of flesh from me.

But then you owe me a pound of flesh. So when I need a pound of flesh, I'm going to come and take it out of you. And then we go out, and we have dinner with each other.

And I was just astounded that that was actually spoken out loud. And I said, see, here's the problem: I don't believe it is a game.

I actually believe in something. And -- and I thought more people believed in something.

Don't you feel like you just want somebody to go in, like Mr. Smith Goes to Washington, and actually believe in something!

And then when they find out, wait a minute. I've been duped like Mr. Smith Goes to Washington.

They stand up and say, this is wrong!

And I'm not playing that game. And I don't want to play that game. And you kind of, again, there's so many hoops you have to jump through, for this to happen.

Then you actually have to believe that there are other people in the Congress and the Senate, that are like, you know what, he's brave enough to say it. I'm going to stand up next to him.

I mean,, oh, I remember when I was young and naive. And I believed those things would happen.

I still believe they can happen.

But only when the American people return to common sense and demand it.

"It’s a Wonderful Life" - The Amazing UNTOLD Story of the Classic Christmas Movie

It’s a Wonderful Life wasn’t always a beloved classic — in fact, it was a complete failure that nearly destroyed the careers of Frank Capra and Jimmy Stewart. Glenn Beck reveals how a forgotten film, resurrected only because its copyright lapsed, became one of the most meaningful stories in American culture. Through George Bailey’s quiet sacrifices, the movie teaches us that the true measure of a life is often invisible, discovered only through the small acts of faithfulness and love we give along the way. This timeless reminder — that ordinary people can change the world without ever seeing the ripples — is why the film still breaks our hearts, heals our spirits, and reassures us that we mattered.

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me tell you a story that you think you already know. It's about a movie that feels like it's been there our whole lives. It's like a tree in the town square and the hymn. You don't remember learning, but somehow you know it by heart. But this particular movie hasn't been around forever, it just seems like it. It was actually born out of failure. It was born out of exhaustion.

And it was born out of people who felt just like its lead character, George Bailey.

It's a Wonderful Life has a fascinating story behind it. And it speaks volumes about us, our hopes, our fears, our desires.

The movie was made by Frank Capra, and it was right after World War II. Frank Capra had just come back. He didn't come home triumphant. He came home a changed man.

He had spent the war making film for the United States government. The war department.

About why the west is worth saving. This film series. They're fantastic. It's called Why We Fight.

And when he returned, his old style of doing things, the old machinery just didn't fit Hollywood anymore. So he started his own studio. He bet absolutely everything on it.

And It's a Wonderful Life was supposed to be the movie, that proved Frank Capra is still Frank Capra. And it nearly ruined him. The movie lost money. Critics really didn't like it. They mocked how schmaltzy it was. Audiences stayed home.

Jimmy Stewart, this was his first movie that he made, when he came back home from the war. And this was his start. And between Frank Capra and Jimmy Stewart. Oh, my gosh, you've got a massive hit, right?

Nobody came. Nobody watched it. Jimmy Stewart, the most beloved man in America gave a really raw, shaken, almost too real performance for people at the time. He wasn't the cheerful hero that is coming out of war as a victory.

This was a man that was cracking under the weight of responsibility. A man who did everything right, but he still felt like he was a failure.

Any of this sound familiar?

It was a story about what happened during the Depression and the crash of '29. Well, America had been living that forever!

They had been living that since '29. They went through the long Depression.

Then they went through the war. The first thing, out of war, they don't want to watch a movie about how depressing life can be. Okay?

So it was a total failure. Film disappears. Goes into a vault. It's a noble misfire.

Good idea. It just didn't land. Maybe wrong time. Eh. Maybe too schmaltzy. Then something weird happened, everybody forgot about it. And so the rights lapsed. There was no grand relaunch. There was no marketing genius, just a legal oversight that let the rights lapse.

Enter Ted Turner.

Ted Turner and Super Station TBS. Remember Super Station TBS when he bought a bunch of stations across the country, and he tied them all together.

And then cable came in, and Super Station TBS became TBS. Turner, while he was looking on super station TBS. They needed some holiday programming. And they needed it cheap. And when I say cheap, what they -- what Ted really meant was tree. We need a bunch of free programming, that we can run all Christmas.

Okay?

No rights. No royalties.

What is out there?

The vaults opened up, and lo and behold, they find It's a Wonderful Life.

Suddenly, it appears in our life, and I don't know about you. I always thought it had been around forever. It did seem like it was a new relaunch.
It was like, hey, did you hear about this new movie?

It was just there and on. We thought everybody knew about it. Nobody knew about it. Our grandparents probably didn't know we knew about it, because it was a massive failure. It's on afternoons, late nights. It's on mornings.

It's everywhere. It's everywhere. Black and white snow flickering on the living rooms. As we are playing on the floor. We as the adults are half listening, half watching. And slowly, slowly, its message found us.

It found us this time, because America had changed.

We weren't fresh from it despair. And we weren't fresh from victory anymore.

We weren't those people. It wasn't so close to us, that we didn't want to look at us!
Yes, we were tired. We were busy. We were stretched thin.

But we were also a group now that measured our lives in promotions. And in square footage. And bank balances.

We were starting to become a little Mr. Potter-like. And we didn't want to be Mr. Potter.

And there on the screen is George Bailey, standing on the bridge, wondering, would the world be better without me? He's not a villain. He's not a loser.

He's actually a really good man.
He's the best of us. And that's why it still works.

Think of all the happy endings and all we have, and everything else. And all of the stories that we tell ourselves.

This movie doesn't tell you, that life will turn out the way you planned.

This one tells you something much, much harder. That the measure of your life is probably going to be invisible to you, while you're living your life.

Because Clarence ain't coming down in his 1800s clothing, and having a hot toddy with you.

So you probably won't know the real measure of your life. And the biggest victories in your life don't come with applause. And the sacrifice, it usually doesn't feel heroic at the moment. It just feels like sacrifice. And crap. Why me. Why me?
Why don't I ever get the adventure that I planned my whole life? Remember, George never left Bedford Falls. He never becomes famous. He just stays. And he shows up. And he keeps his promises. And he holds people together.

What is the real -- what's the real miracle of the film?

Because it's not Clarence. It's not the bells.

It's not him getting his life back. The real miracle is the ledger. That's the miracle. The names, the faces, the small kindness, you all stacked you up, one on top of each other, until you realize, oh, my gosh. All of those little acts, they amount to a life that actually mattered. We're all looking for the big splashy -- he didn't get any of those. He didn't get that.

And that's why he felt like he was a failure. That's why when the town shows up in the end, and they're all giving just a few dollars, it breaks us every single time. Because deep down, we're not watching George Bailey. Deep down, we're checking our own books, our own ledger. Did I? Do I matter to anybody? Would I be missed? Do the things I gave up -- the things I really wanted to do in life, but because something else came up. I had to serve, I had to do this for my kids. Or I had to do this -- the things I gave up, does it mean anything?

This film answers it with a whisper. It doesn't shout it. It whispers.

You'll never fully know the good you've done. I can't give you an answer. You'll never know it. You'll never see the ripples while you're standing in the water.

But they're there. Believe me, they're there.

So this year, when you either just have it running, while you're all in the kitchen. And you're watching time to time. Oh, I love this part. I love this part.

And everybody gets quiet and you just curl on the couch and watch it again, remember, you're not watching a Christmas movie.

What you're watching is a reminder that life doesn't have to be loud to be important.

That staying can be braver than leaving. That loving your family and your neighbors and your town, imperfect as it is, that's not settling.

It's choosing. And whether Ted Turner knew it or not, I can guarantee you, that Jimmy Stewart did. And Frank Capra certainly did.

That every time you see that, why we, year after year, when the snow starts falling in that old piano theme play as we comes back. Not for the nostalgia. But for the reassurance.

Because every once in a while, all of us need somebody just to look us in the eye and say, you're here!

You mattered.

And it is a wonderful life.

How Trump TRICKED the media with his presidential address

President Trump recently addressed the nation about his administration’s many accomplishments over its first year. Glenn Beck reviews the best moments of the speech, as well as some moments he doesn’t believe will age well. Plus…did Trump trick the media into playing his highlight reel by making them think he would declare war with Venezuela?

Transcript

Below is a rush transcript that may contain errors

GLENN: So last night, the President spoke, and, you know, he started out.

It was -- it was -- let me give you the overall first. I've never seen him more disciplined.

I think the speech was like, I don't know. It was over by 20 minutes after. And I think he ran six minutes late. I mean, I've never seen -- he doesn't say hello in less than 20 minutes.

He stayed on script the whole time. He was extraordinarily disciplined. He was forceful with it. And he explained what has been done in the last year. And he started out saying, a year ago, our country was dead. Now we're the hottest country. We're the hottest country in the world right now. Nobody has ever seen anything like it.

He said, you know, when he took -- when he took over, inflation was the worst in 48 years.

Caused prices to be higher than ever. Making life unaffordable for millions of Americans. And he said, over the past 11 months, we brought more positive change to Washington than any administration in American history.

Never been anything like it.

He talked about successfully negotiating $18 trillion of investments into the country.

And he said, but the real problem for most Americans was under Biden, car prices rose 22 percent in many states. He said, 30 percent or more. Gasoline rose 30 to 50 percent.

Hotel rates raised 37 percent. Airfare rose 31 percent. And he said, they're all coming down. They're coming down fast. Faster than anybody expected. Drugs, brought by ocean and sea are now down by 94 percent. He said, we broke the grip of sinister woke radicals in our schools.

I restored American strength, settled eight wars in ten months, destroyed the Iran nuclear threat. And ended a war in Gaza, bringing for the first time in 3,000 years, peace to the Middle East.
Then he talked about, you know, what's coming next!

Now, here are my thoughts on this: You know, everybody was speculating, he's going to say we're going to war. What would give you that impression?

I mean, he doesn't -- that is the very last resort. And we are not out of tricks with Venezuela.

I don't think we're going to war with Venezuela.

I think he's making it look like we're going to war, to freak Venezuela out.

And to get Maduro out.

I don't think we're going into war.

I hope we're not. I could be wrong.

But I just don't think that's his deal.

Everybody is speculating, he will announce we're going to war.

No. He's not.

However, is it possible that they were leaking this?

Because I saw this as the kickoff of the campaign. I saw this as okay. This is the message for 2026 for the Republicans.

And it was so disciplined and -- and so tight. You know, he gets -- when the president calls a speech at night and says, he wants to address the nation be, the networks are asked to carry it.

Sometimes they don't. They don't have to. But if he said, look, I only need 20 minutes, I'm sure that everybody at NBC. I mean, I did. Rolled my eyes. Yeah. It will be 20 minutes.

It will be an hour and 20 minutes. But it was tight and focused in 20 minutes.

I wonder if the war thing wasn't a way to get them to cover this.

If -- if it wasn't a leak from the White House. You know, I think he might. I think he might announce war tonight. Then everybody will cover it. I don't know.

Maybe that's me being too sinal. I don't know. Can you be too cynical at this point?

Here's the thing. He said a couple of things that I didn't think will serve him well. And it's only because -- and I think you feel the same way.

I know I'm sick of it. And I've been reporting on it since the beginning of Obama.

And I hated it when Obama was doing it. And he did it for eight years. Biden did it for four years.

And here's the line: I inherited a mess. I inherited trouble. I'm cleaning up somebody else's mess.

True. It's absolutely true. It wasn't with Biden.

It kind of was with Obama, at the beginning.

But, you know, when you're seven years into it. You haven't cleaned that up yet?

I mean, you've got to get a bigger mop. But it's definitely true under Donald Trump. However, people have heard that now from the last three presidents.

And they're tired of it. It has no meaning anymore. Even though it's true.

And I want to go back to truth here in a second. The other thing that I don't think will serve him well is the economy is doing better than ever.

You're going to love it. It's great. People are not -- that might be true!

In my opinion, it's not. It is doing much, much better.

I mean, you know, you -- you had -- what was it?

Twenty-five percent. Thirty percent inflation added to everything? You've got to go into negative inflation to be able to get those prices down. They're going to be up there. And what's happening is, we still are adding 2 percent inflation. And that's the target. I don't know why we put up with that target, but that's the target.

So you'll have 2 percent price increases every year. Now, we're at 3 percent. We get the numbers out today.

It might go into the twos. Are they out yet?

STU: Yeah. 2.7, the number out today.

GLENN: 2.7 that's great.

STU: Yeah, it's better. It's going the right direction. They say part of that might be because the government shutdown, so we're not sure how long that lasts, but positive movement anyway.

GLENN: Yeah, so that's fantastic! So coming down to 2.7. Remember, we were at 9, and it was compounding year after year after year.

So he is bringing things down. And the price of some things like gasoline and eggs. And some of the stuff you get at the grocery, are way down. They're not back to where they were in 2016. Or 2020.

Because, I mean, he's just trying to stop the inflation.
So what's happening, and this is what I say, will serve him well is, there was this great marketing book out in the '80s called Positioning the Battlefields of Your Mind -- or, Battleground of Your Mind.

And it was a book that led to the Cola Wars. It was the understanding of the Cola Wars and how Pepsi could beat Coca-Cola.

They had to change the perception. And the perception was, that Coca-Cola was it!

And Pepsi had to change it, and that's why they became the choice of a new generation. And for a while, Pepsi was -- it may have even beaten Coke.

But there was this real Cola War back and forth the whole time. They didn't change the flavors. They didn't change anything.

Pepsi was what Pepsi always had been. Coca-Cola was what Coca-Cola had always been.

They needed to change the perception, okay? Because perception, whether it's true or not, perception is reality.

Whatever people perceive, and feel, is their reality.

So it's the reality that you have to deal with.

People don't feel the relief yet. They see the prices coming down. But they're still paying out the same amount of money that they were paying out under Joe Biden.

It's not getting worse. Except, by 2.7 percent overall.

But it's -- it's not getting better to them. You know, certain categories are.

But overall, you're still struggling with your rent and everything else!

And so people's perception is: It -- it's not what I expected. Because what I expected was 2019!

I expected to have jobs and the economy rolling. And the price of housing coming down. And everything else.

And it's not.

So what's not going to serve him well is saying, "Your perception is wrong." He might be right! It doesn't matter! You can't tell people their perception is wrong. You have to change that perception.

And the only way to really change it is to demonstrate it, or through ads, you know, back in the Cola War era, they just changed slogans and do ads and everything else. But people don't buy slogans anymore. They don't buy ads anymore. They don't even trust logos anymore. So that won't work.

You actually have to change people's lives to change their perception. Now, 25 percent last month said that they felt that their personal finances were doing better. That was last month. Or the month before last.

This last month, it's up to 27 percent.

So he's moving that in the right direction. But to win, you've got to be over 40 percent.

Easy over 40 percent have to feel like their personal finances are getting better. 27 percent is not enough. But it is moving in the right direction.

So when the president says he's got to relate to the people who steal -- who have defended him, liked him, and believe in him, he's got to say, I know you're feeling the pinch.

You know, one of the things he said last night. But I don't think it's connected yet to people.

And it's because it's absolutely true. Why do you think that you are spending more every month for your rent?

Why?

You're spending more on rent, because there's too many people chasing too few houses and apartments.

You cannot add ten to 15 million people in four years, while you're not building things. You can't add 10 million people into your country and say, oh, by the way. Go get housing.

Where are they going to get the housing?

The housing, you're going to have a shortage, which will cause the prices to go up.

So until you get rid of those 10 million people. You're not going to lower the price.

And especially if the government is subsidizing them.

Because, I mean, look at the NGOs. If people know, the government will pay. They will keep the price up. What would happen with NGOs. Look what's happening with universities. Why do you think universities are so expensive?

They weren't like that. Until the government said, we will guarantee the loans. Once the government said, we'll guarantee the loans, prices went true the roof because everybody could get a loan!

That's the problem. He's got to connect this, and I think he started last night. He's done it a few times. But somewhere or another, it's really got to connect with the American people.
You cannot solve the housing crisis and not solve the immigration crisis. You have to send people back home, or you're going to have to wait five years, as we build new apartment complexes and new buildings. And we stabilize under these ten million new homes that were needed.

That's not popular. And nobody is going to wait that long. Somehow or another, he's got to make that point. And it's got to connect with people, to give him more time to turn things around, on the housing.

Now, he also was really strong in saying that he was appointing -- wait until you meet the guy to appoint the head of the Fed.

Well, I would like to meet that person too. I would like to know who that is. He said he will do it right after the first of the year. Because our Fed chair is leaving, after the first of the year in February. And he said he's a guy who understands low interest rates. And, you know, low mortgage rates, looser money. That could be really dangerous with -- with inflation, but we'll see.

But that could be a turning point, one way or the other, a new Fed chair will be a new turning point.

And hopefully, Trump and this new Fed chair know what they're doing, and it won't make things worse.

But I don't know how you can with the Fed. I mean, they've already made everything so bad.