It's federal law that banks have to cover their debts each night before closing, if they want to open their doors the next day. If they can't cover the costs, banks can use loans but it's a sign of serious trouble for that bank and possibly for the economy. Days before the 2008 market crash in America, the Federal Reserve Bank of New York tried to loan 50 billion dollars to a struggling bank. It was the most amount of money loaned to a bank in history at the time. But this week, the Federal Reserve loaned 500 BILLION dollars to a struggling bank, in the midst of this coronavirus crisis. When it comes to deadly pandemics, have a precedent to study to learn how to move forward: the Spanish Flu in 1918. But, we don't have any kind of precedent for this. We know the market has been struggling, as the DOW report continues to drop. What comes next?
Victor Davis Hanson, Senior Fellow at the Hoover Institution, joins Glenn to discuss his new book, 'The Dying Citizen.' He explains how America's hippies from the 1960s are the progressive elites running our institutions today and how their 'well orchestrated' moves have created a top-down revolution that's 'bringing us down to our knees.' So, what's the solution? Davis Hanson tells Glenn what we can do to push back against the far left today…
The Left and Right agree: Social media companies like Facebook are abusing their power — whether through censorship or harmful, groupthink-creating algorithms. But is the solution really more censorship and regulation, like government fearmongers and leftist "whistleblowers" have insisted? Glenn sits down with the senior editor at Reason, Robby Soave, who has a much more refreshing solution laid out in his latest book, "Tech Panic: Why We Shouldn't Fear Facebook and the Future." Politicians have weaponized the fear we have about social media. So, maybe we should be looking at the positives. Glenn and Robby take a look at the (very familiar) history of tech panic and censorship, balance the consequences of changing Section 230, and expose the real threat to the future of free speech: Progressive tyranny entrenched in the old school media.
On "Glenn TV" tonight, Glenn Beck heads to the chalkboard to reveal how the fundamental transformation of America has already begun by turning the Declaration of Independence upside down.
If Donald Trump was a dictator, then what do we call President Biden? In Biden's first nine months in office, he has already issued 64 executive orders – that's more than Trump, Obama, W. Bush, Clinton, Bush, and Reagan each issued in their entire first years in office.
You never hear the Left talk about the Declaration of Independence, the Constitution, or the Bill of Rights any more, unless it's to "reimagine" the Constitution or slap a "harmful content" warning on our founding documents. Seriously. The National Archives said while its website label wasn't targeting the Constitution specifically, "some of the materials presented here may reflect outdated, biased, offensive, and possibly violent views and opinions." The Left finds basic, guaranteed rights so offensive they now spend all of their time on workarounds to deal with America's annoying founding documents.
Watch the full episode of "Glenn TV" below to see Glenn outline the aggressive unconstitutional abuses "King Biden" is jamming down our throats and teaches Americans how we can defend against presidential tyranny.
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Dr. Fauci was at it again over the weekend, this time declaring during a CBS News interview that it's 'too soon to tell' if Americans can safely gather with family this Christmas season. But the main issue isn't necessarily Fauci's crazy statement, Stu explains to Glenn. Rather, it's Fauci doing TV interviews at all. The left will support anything he says and the right will call him an idiot no matter what. He no longer has the ability to sway minds, so why is he on television more than Glenn is?!