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?
Dan Bongino, host of The Dan Bongino Show, is an investor in Parler — the social media platform that actually VALUES free speech. Parler was attacked by Big Tech — namely Amazon, Apple, and Google — earlier this week, but Bongino says the company isn't giving up without a fight. In fact, he says, he's willing to go bankrupt over this one. Dan details what he calls a "smear" campaign behind the scenes, and how he believes we can move forward from Big Tech's control.
A new poster is circulating social media, calling for a record-breaking armed protest to take place across America on Inauguration Day. Here's Glenn's advice for those considering attendance: DON'T GO. No matter who is responsible for the poster or for any possible future chaos that may take place, the far left and the media WILL blame Trump supporters regardless of the facts. And because of that, if you attend and partake in rioting, you WILL be responsible for the loss of our rights that will come as a result. Don't go. But, listen to this clip to find out what Glenn thinks you SHOULD do on Inauguration Day instead…
Big Tech isn't making it easy for organizations outside of the left's coalition to survive. Amy Peikoff is the Chief Policy Officer for Parler — the social media platform now throttled by Amazon, Apple, and Google. She joins Glenn to discuss the recent moves made against Parler and how the company is fighting to move forward: "We're doing everything we can to save civil discourse on the Internet. I promise: We're on it."
The nation was shocked as the "Save America" rally in Washington, D.C., devolved into a siege of the U.S. Capitol. The day after, as heads were still spinning, Glenn sits down with Matt Kibbe, host of BlazeTV's "Kibbe on Liberty," to look at what led to this: Woke authoritarianism is in power, lockdowns are unending, and the Left has finally found out how to weaponize fear. The media is all too happy to watch the country burn, as long as the Left is holding the torch. But Glenn and Matt remember the lessons learned from the Tea Party, Martin Luther King Jr., and other movements that found success through peace. Conservatives and libertarians must find a path forward so we have more 9-12 marches, fewer stormings of the Capitol, and real change from those who believe they rule over us.