RADIOJanuary 09, 2025

DEBUNKED: Media Says Trump May Take Panama Canal & Greenland by FORCE

Donald Trump is making some big – and unusual – promises before taking office for the second time. Trump has said he will rename the Gulf of Mexico to the “Gulf of America”. He has suggested that Canada should become the 51st state. He said he wants to buy Greenland. And he also wants the Panama Canal back. But recently, the media used a loaded question to make it sound like Trump isn’t ruling out a military invasion of the Panama Canal and Greenland. Glenn debunks the media’s lie and explains what he believes Trump is really doing: Is this imperialism? Or is it “The Art of the Deal”?

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So let me -- let's start with Greenland. Shall we?

Green land, Panama, and Canada.

I -- I have to tell you, well, let's start with his -- Donald Trump's press conference yesterday.

They are always fun.

Cut one.

This is a green landman.

VOICE: So if you could tell Trump anything, what would it be?

VOICE: Buy green land.

VOICE: Why do you Trump to buy green land?

VOICE: We don't want to be colonized by the Danish colony anymore. We get taken our minerals, from Greenland. We are the richest nation in the world, and we don't get to use it. Denmark is using us too much.

VOICE: Do you like America?

VOICE: I love America.

GLENN: Right. Okay. So stop. So here's the thing. Greenland. They've got like 12 people. And Denmark owns it.

And they have no intention of giving it up.

But it's like Alaska. I mean, it is rich with rare earth minerals. As he said, it's the richest nation in the world. But Denmark won't let anything be explored. It is also a strategic place for bases, et cetera, et cetera.

It would -- there's been like four or five presidents that have tried to buy green land in the past. And it's never been done. I will get to why all of this makes sense here, in a second. And how you're supposed to read it.

Because he also went in, yesterday, about Canada and they asked him, would you rule -- would you rule out military strikes to take Alaska?

Here's his response.

VOICE: You're considering military force to acquire Panama and Greenland. Are you also considering military force to annex and acquire?

DONALD: No. Economic force. Because Canada and the United States, that would be really something. You get rid of that artificially drawn line, and you take a look at what that looks like. And it would also be much better for national security. Don't forget, we basically protect Canada.

GLENN: Okay. So he's just -- well, all he's doing is -- well, let me say -- let me give you the third one, and that is Panama.

Before we get to Panama, why not stop at the gulf of America? Cut three.

DONALD: Mexico is really in trouble. A lot of trouble. Very dangerous place. And we're going to be announcing a future date, pretty soon.

We're going to change. Because we do most of the work there, and it's ours. We will be changing. Sort of the opposite of Biden, where he's closing everything up, essentially getting rid of 50 trillion worth of assets.

We will be changing the name of the Gulf of Mexico, to the Gulf of America. Which has a beautiful ring. That covers --

STU: I love this guy.

DONALD: Gulf of America. What a beautiful name. And it's appropriate. And it's appropriate. And Mexico has to stop allowing millions of people to pour into our country. They can stop them.

And we're going to put very serious tariffs on Mexico and Canada. Because Canada, they come through Canada too. And the drugs that are coming through are at record numbers.

GLENN: Okay.

Okay. So now the press is freaking out. This is an imperialist president. He's trying to create new Rome. Blah, blah, blah, blah, blah.

Are you -- do you have absolutely no brain cells that work in your head, anymore?

The final one is Panama. And I've told you this. In fact, I'm doing a prediction show tonight.

And I've been telling you the last few weeks. Panama is going to be a problem for the United States.

And there is going to be -- there is going to be some serious things happening in Panama this year. And I will get into that a little later.

But he's also talking about the Panama Canal. Okay. Why is that?

Because he wants to take over all these countries. And these places. He wants war everywhere?

No. No.

The one thing you have to understand about Donald Trump is he's a negotiator. He's merely negotiating.

That's all that's happening here. You speak softly and carry a very large stick.

Hey, Mexico. By the way, you're so irrelevant.

You know, you're going down the tubes. We're even thinking about changing the name of the Gulf of Mexico to the Gulf of America. That's how irrelevant you are, okay?

And you've got some serious problems. It's a very dangerous place.

Well, there goes tourism, if the president keeps saying things like that. And we will have to put some tariffs on it. But, you know.

I just think the gulf of America is just a beautiful, beautiful name. All he's doing is signaling, you -- you're a speed bump to me.

I don't -- I don't need to do anything. I've just got these giant tariffs.

And we'll probably end up owning you, anyway, because you're a failing state. Okay?

He's negotiating. He's setting the table.

On Greenland, the same thing. He's just setting the table. He is saying to Greenland, you know, I think we should take it. Now, is he serious on that one. Yes, not take it, but buy it.

Is he serious?

Yes. And it would be -- I have to use a word that the New York Times has been talking about for a long time. They just used it in a different context.

It would be a huge coup, if Donald Trump could buy Greenland. It would be huge for America.

All the rare earth minerals, and everything else. All the riches of green land. And the strategic placement of Greenland would be a very, very smart move. Again, New York Times. Glenn Beck did say Donald Trump would pull off a coup. I mean it in a different context than you worry about.

That is smart! And if we could buy it, great!

If we could just negotiate to have some bases there and to be able to sell and buy some of their rare earth minerals, that would be very smart and strategic!

Now, Canada, okay. Canada is -- Canada. Being the 51st state. Okay.

Would it be great to have all of us combined?

Greenland. Canada. The United States, combined?

Yes. A 51st state? No. No.

Canada responded with, well, maybe we'll buy Alaska and Minnesota. All right. Let's open up those talks.

How much for Alaska? I'm willing to negotiate.

And I tell you what, negotiate for Alaska, I would give you Minnesota for a sandwich.

So I'm good. All he's doing there, is, again, throwing out a big idea. Negotiating, because you're not paying for your own defense.

We're paying for your defense.

What are we getting in -- in -- in return?

Well, right now, we're getting open borders from you, and Canada.

And we're getting a lot of crap from you too. So we're still friends. We still like Canada.

We're not going to take military action, to take Canada. It's not what he's doing. He is, again, negotiating. If you forget, that Donald Trump is possibly the greatest negotiator to be in our lifetime, you might begin to understand what he's doing here. But if you forget that he's a deal maker, that's what he does, walks in and says, you know what, I will vaporize that little dude over. And then they end up having tea in a Communist country!

That's negotiation. What is he doing with Russia? What is he doing right now? The only place I think he's absolutely clear. I mean, he doesn't -- he doesn't make threats.

He makes promises. And he's not threatening anything, but Panama, which we'll get into here in just a second.

Panama is a problem. A real problem.

And we need to talk about that. The other real problem is Hamas. And yesterday, he said about Hamas. That there's going to be hell to be paid.

Hamas doesn't release those hostages. The gates of hell are going to open up. And I believe him.

The -- the thing is, with a negotiator, you have to be able to see -- I mean, Trump always kind of means things. He's the -- you don't win. You don't become a good negotiator, if the people on the other side, always think you're bluffing, because you always are.

That's why America is in the Dumpster fire we're in right now. Because the rest of the world, just thinks that, you know, oh. You know what, well, don't do this.

Or we will give you a strongly worded letter. If the world or anybody sitting across the negotiating table from you, whether this is in your life or global politics, if they believe you're someone who will do what they say, you have all the negotiating power.

Because, you know what, I -- I would love to work here. But I can't work here. And I won't work here, unless these things happen.

He's just negotiating. Really? Watch me walk out, and I will. And no offense. No problems. I don't hate you. You shouldn't hate me.

I'm not trying to hold a gun to your head. I'm just saying, I can do better. And these things are a requirement for me.

When Donald Trump says, look, you're going to have to close the border.

He means that. Now, when he says, we also will -- you know what, we might just annex Mexico or Canada.

That's part of the negotiation process. Because honestly, he just might do it! This is the kind of president we've always wanted, one that is a hard negotiator on our side! On our side!

When he says, America first, he means it.

Which brings me back to Panama. When you understand Panama, you'll understand Donald Trump entirely. And you will look at Donald Trump in a completely different way.

GLENN: All right.

Panama. We know of Panama Canal as the place that we built.

It was the biggest undertaking. It was probably the biggest human achievement, at the time. Making the canal, so you didn't have to go all the way down, to South America, to the tip of South America.

Almost to Antarctica. And come back to get to the -- to get to the Pacific Ocean. Or to get to the Atlantic, if you're going the other direction.

We made the Panama Canal. Teddy Roosevelt was the one who did it. Jimmy Carter sold it to Panama for a dollar.

Now, when you make a deal like that, you don't expect to be screwed after his. You know, you kind of have, hey, favored nation.

You know, you will be our pal. Well, Panama has been palling up with China.

And the president of Panama had just said with be there are -- there are no Chinese, at the canal. Nobody is -- no. No. There are no Chinese soldiers in the canal.

Uh-huh. Uh-huh.

So Donald Trump, on Christmas, sent a message, again, negotiating, letting everyone know where he stands. Merry Christmas to all.

Including the wonderful soldiers of China, who are lovingly, but illegally operating the Panama Canal.

Now, if you don't know anything about the Panama Canal. You might think this is crazy. This is -- this shows how much homework Donald Trump has done. This shows -- this is the first time I have seen since maybe Reagan, where we are actually talking about our national security.

Not in a reactive way. We have now a president who is looking at real national -- our national security is not in Ukraine!

Our national security is here at the home front.

And why -- why is he so obsessed with Panama?

It's just not that we're having our eyes pushed into our his and being gouged.

It is also because China has -- has purchased a lot of the Panama Canal operating permits.

So, in other words, the -- the one that is the last, I think lock.

I don't know enough about it.

But the last area of the Panama Canal. Going into the Pacific. It's now run by a Chinese company.

Now, is that honestly Chinese soldiers?

No!

No.

But it is the People's Liberation Army, that can take over that business because that's the deal.

Do you really think all of these investors just got together, on their own. Which doesn't happen in China.

And went, you know what, we should buy up all the land surrounding the Panama Canal? It would be a good idea. But good investment for us. No!

STU: And, Glenn, clarification on that. We were okay with Hong Kong taking it over. Not China. It was before that transition happened. So we were like, okay. Hong Kong, we're working with them all the time.

Okay. And then China basically takes over Hong Kong.

And now China has it.

We weren't okay with China having that, even back then.

GLENN: Yeah. You cannot have -- this is a huge strategic asset.

If our fleet. Our Atlantic fleet needs to get over to the other side, and into the Pacific, you want them to get there as quickly as possible. And that's why we build the Panama Canal.

This is a Cuban missile crisis moment. And this is -- honestly, it might even go back to JFK. To where you have a president, who is forward thinking enough, to go, this is a real threat to our national curate.

And an actual threat to our national security.

All they have to do is close the Panama Canal. Or cause trouble at the Panama Canal. And the United States is in real, real trouble.

So the one that you should pay attention to, that is actually trouble, is the Panama Canal.

The rest of it, negotiation.

To our veterans...

Americans are bad at saying "thank you." So, this Veterans Day, Glenn wanted to take the time to make it clear: "Your country remembers you. Your country needs you. And your country is grateful in a way that language will never quite capture. Thank you."

Transcript

Below is a rush transcript that may contain errors

GLENN: Hello, America. It's Veterans Day, and I want to start there in 60 seconds. First, debt is like gravity. It pulls. It pulls back on you constantly, until one day you realize, you're not moving forward anymore. And the worst part of it, most of it is just accepted. We call it normal. We make the minimum payments. We don't -- the rates come down. And we keep spinning that same old wheel, wondering why we're tired all the time. But it doesn't have to be that way.

American Financing is helping people all over the country restructure their mortgage. You know, pay off high-interest debt. And regain real financial freedom.

They're family-owned. They work for you. Not the banks. Their mortgage consultants don't earn commissions. They take the time to listen and build a plan that actually fits your life.

And it will help you keep more of what you earned.

Because every dollar you save. Is a piece of your life you're getting back. It's American Financing.

They're helping you keep more of it. And in a world where everything is getting more and more expensive, that kind of control isn't just smart, it's a little bit liberating and empowering.

The start of something much, much better. Please, call American Financing at 800-906-2440. 800-906-2440. Or you can go to AmericanFinancing.net. That's AmericanFinancing.net.
(music)

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GLENN: It's Veteran's Day, and I want to speak to one person, right now.

You!

The one who raised a hand and swore an oath that didn't end when your enlistment did. It was an oath that was older than your commanding officer. Older than the branch you served in. Older than even the nation itself. Because what you swore to defend was not a government. Unlike every other oath that every military man takes all over the world, you swore an oath to an idea.

And today, in a country that sometimes feels dizzy from spinning arguments, I think we should pause and anchor ourselves again to you.

To the men and women who tethered this republic to reality, when the storms came.

We have an amazing story.

If you really know the story of Lexington when the farmers left their plows and damp fields. Because liberty whispered their names.

They met at their church. Their preacher met them out.

They didn't have a chance of them winning.

I think of the -- the Marines who fought through the gas and the mud until the Germans called them devil dogs.

The beaches of Normandy, where boys who had never even see France saw eternity in a single morning on a single beach!

And the men who fought in Korea. And Vietnam. Kuwait. Fallujah. The Skies over Baghdad.

Every generation has a chapter that is written in blood and grit, and it was written by people who never asked for a statue. All they wanted was a chance to come home! And some didn't. And their stories end on foreign soil or carved into white markers in rows so straight, it almost breaks you.

But their gift to us, never ends.

At least, as long as we remember them and you.

Because every -- every free breath we take is borrowed from them! And you. If you're a veteran listening right now, maybe you came home to a grateful nation. Maybe you quietly slipped into civilian life, wondering if anybody saw the weight that you were carrying.

No matter your circumstance, know this: You need to know this.

Millions see you! Millions are grateful. You changed the destiny of my children. And they will never know your name.

You changed my life, in ways you will never understand.

I wouldn't be able to be here, and say these things if it weren't for you!

We take -- we take all of this so lightly. It was you that stood between tyranny and who those couldn't defend themselves.

Have you kept the promise. Most citizens like me. We never make. We never have to make.

Because always did. And you continue to do so.

It's amazing to me, when you are off into war, most times, not every time, we think about you all the time.

We want to give you the very best when you're at war. And then you come home, and then, eh, and you have the worst of our health care. I mean, at least mine was go to Canada to get the health care. I don't know if it's any better up there!

We're not really good at saying thank you. Let me just take just a second, to say it plainly and clearly to you. Thank you. Thank you for walking into the unknown when the rest of us stayed home. I don't know what your motivation was, when you joined. But thank you for believing that liberty was worth more than comfort.

Thank you for the nights you didn't sleep. Thank you for the holidays you missed. Thank you for the kids you didn't see born because you were someplace else.

Thank you for the friends you still mourn. That's why you did it.

Because you're a brotherhood.

Thank you and all your brothers.

Thank you for every scar. The ones we can see, and the ones we will never see.

Thank you -- thank all the families. Thank you for what you've done. The quiet platoon behind every soldier and sailor and airman and Marine and Coast Guardsman, because you served too.

Freedom has always been a family burden. And look at what those families are like. They're usually remarkable!

We live in a world right now that feels -- feels really loud and divided. And suspicious.

And it is!

But, I mean, wanted to take a minute on this day, and let everything just be quiet.

Gratitude has a way of silencing nonsense.

And I want you to know, how grateful I am.

So before we got back into the headlines again, before the noise rises back up, let me end this with the only words that really matter, to every veteran of the United States armed forces. Your country remembers you. Your country needs you. And your country is grateful in a way, language will never quite capture.

Thank you!

Is this the REAL reason Democrats ended the shutdown?

Buried in a recent New York Times op-ed about the end of the government shutdown is the quietest confession you’ll ever hear from the elites: "Why can’t Republicans just accept reality? These [Obamacare] healthcare subsidies are working." But who are they working for? Healthcare prices are still incredibly high! Glenn reminds us what "subsidies" really are: money "borrowed" from the future to hide the failures of the present, and lining the insurance companies' pockets.

Transcript

Below is a rush transcript that may contain errors

GLENN: So is the shutdown over? I mean, it has to go to the House, and now the House is saying that they're not going to pass it.

STU: Well, the House should be -- I don't think there's any real belief that they won't pass it. The hurdle was the Senate. And they got through the Senate. Now we get to watch the ongoing democratic Civil War, about whether or not Chuck Schumer will be removed or not.

GLENN: It's crazy. It is crazy.

So, you know, let me go through something that came in from the New York Times. What were the Democrats thinking?

It starts out, in this op-ed, back in September, when I was reporting an article, Democrats should shut down the government, I kept hearing the same warning from veterans of past shutdown fights.

President controls the bully pulpit, and parts of the government will stay open, and he decides what parts close.

It's very, very hard for the opposition party to win a shutdown. Blah, blah.

Now they have brokered a deal over the weekend, as the Senate Democrats broke ranks and negotiated a deal to end the shutdown, and return for, if we're being honest, very little according to the New York Times.

The guts of the deal are this. Food assistance, both SNAP and WIC will get a bit more funding. There will be a few more modest concessions on spending levels elsewhere in the government.

Laid off federal workers will be rehired, and furloughed federal workers will be given back pay.

Most of the government is funded, only until the end of January. Get ready, we'll be doing this again.

The deal does nothing to extend the aspiring affordable care tax credits, which Democrats essentially have shut down the government for, in the first place. First of all, it's not the affordable care tax credit.

That's -- that's not why you shut it down.
There are tax credits, yes.

But this is different. These were the government subsidies. Leave it to the New York Times. Let me lay this really clear. Democrats demanded a continuation of the enhanced subsidies for the American care act. Okay?

They were temporarily expanded during the pandemic. These were not the tax credits. These were extra subsidies stuffed into the 2021 American rescue plan, as an emergency measure. Remember, the one, we had to pass this in the middle of the night. And nobody could read it. Well, that's what it was in it. And these subsidies lowered the premiums more than usual. Expanded the eligibility far above the original ACA income caps. And was always designed to be temporary just for COVID.

So if you were in COVID, and I lost your job, and you didn't have health care or whatever, you could get on the ACA.

Even though, you're -- you're -- your salary was higher than it would be accepted.

Normally. You could get on it.

But once -- once they created this, Washington does what Washington always does, and they won't let it go.

Okay.

It's not the tax credit. To understand why this shutdown will end with such a whimper, you need to understand the strange role the ACA subsidies played in it. Democrats said the shutdown was about subsidies. But for most of them, it wasn't. This is the New York Times saying this.

It was about Trump's authoritarianism. It was about showing their base and themselves, that they could fight back. It was about treating an abnormal political moment, abnormally.

The ACA subsidies emerged as the shutdown demand because they could keep the caucus sufficiently united. They put Democrats on the right side of public opinion, even though self-identified MAGA voters wanted the subsidies extended.

And they held the quivering Senate coalition together. You shut the government down, with the Democratic caucus that you have, not with the Democratic caucus that you want.

But the shutdown was built on a cracked foundation. There were Senate Democrats who didn't want a shutdown at all. There were Senate Democrats who did want a shutdown. But thought it was strange to make their demands so narrow. Was winning on health care premiums really winning the right fight?

Shouldn't Democrats really vote to fund the government, turning towards authoritarianism, as long as health insurance subsidies are preserved? And what if winning the health care fight was actually a political gift to Trump. Now, this is the New York Times.

Absent a fix, the average health insurance premium for 20 million Americans were more than double. The premium shock will hit red states really hard.

Trump's long time pollster had released a survey of competitive house districts. Showing that letting the tax credits expire. Might be lethal to Republican effort to see hold the House. Why were the Democrats fighting so hard to neutralize their best issue in 2026. The political logic of this shutdown fight was inverted. If Democrats got tax credits extended, if they won. They would be solving a huge electoral problem for the Republicans. If Republicans successfully allowed the tax credits to expire if they won, which would be handing the Democrats a cudgel which would beat them in the next elections. This is unbelievable!

I mean, they're saying -- they're saying it out loud. You know what I mean?

They go on in this, to say, you know. Quote, why can't Republicans just accept reality. These health care subsidies are working.

No. They're not. No, they're not.

They are propping. Okay?

They're scaffolding. Holding up a structure that was never sound.

They were a COVID-era brace jammed under a tottering wall. And now, the same architects who swore the House -- the House was safe. They're telling you the splintered wood was actually part of the design. What?

This is the power the mainstream media has. The press still has over mainstream Americans. It's kind of like a hypnotic choke hold.

You say the word subsidy enough times with the right sad piano music under it, and suddenly, we forget what subsidies are. Here's what subsidies are, gang!

Money borrowed from the Chinese. But we're not on the hook for it. We're not on the hook for it.

Money borrowed from the Chinese, from the future, to hide the failures of the present on decisions that were made in the past. Okay?

And now we're told, if we don't just keep borrowing forever, America will collapse. No. What collapses is this crazy illusion. Let's be clear about something the op-ed never will admit. The Affordable Care Act didn't fail because of Republicans. It failed because math is a stubborn thing because insurance is not health care.

Because a program bent around bureaucrats and middlemen will always cost more and deliver less!
We have been subsidizing the symptoms. We never treated the disease here. And now, when a shutdown touches those subsidies, suddenly we're told the sky is cracking. TikTok is flooded with panic videos scripted by algorithms that can't really be trusted.

The influencers don't even know what they're defending. They just know fear pays better than the truth. And here the truth. The system was failing long before Trump. Long before Biden. Long before COVID. And maybe, just maybe, this moment is not a crisis, but an opening.

You know, I've said this for months now.

The greatest political opportunity of our lifetime now, is health care reform! Real, actual reform.

Not another Washington quick fix. Not more subsidiary easy or anything else. Not a Band-Aid over a bullet wound. But the Republicans won't do anything about it. I believe, and I say this without hesitation, I think. That Trump and RFK Jr. together may be the only combination force in American politics with the will to take a flamethrower to the bureaucracy, that is choking doctors and nurses. The pharmaceutical lobby, the insurance labyrinth, the 50 states wrapped in 50 different versions of red tape. All of it has to be confronted. And here's why Trump can't afford to miss this: If he solves even a quarter of this problem, if he can find the way to lower costs, if he increases access. If he frees the market to actually work across state lines, he'll not only win in 2026.

He'll be launching a momentum, that will carry Vance into the presidency in 2028.

This is the key here!

But he has to remember something Washington has long forgotten. The people he's negotiating with, they don't want a deal. They don't fear collapse.

They come it. They have been playing a slow motion Colour Revolution. One that the company has to be impoverished. Has to be frightened. And has to be divided to accept the new power structures.

Colour Revolutions only work if your people are hungry, if they're afraid, and they believe the people in the head of the government are authoritarian.

When that happens, you can have a Colour Revolution. And every day, America does not break. Every day, the economy still stands. Every day, people wake up and realize their lives are not as hopeless as the media insists.

The revolutionaries lose their leverage. So the shutdown is not the crisis.

The crisis is the addiction to government medicine. So here's the battle line that matters, I think, most right now: While the press spins, you know, panic, Trump has to gather the brightest minds. The innovators, the disrupters. The people who build things, rather than manage decline. That's what he does best. You know, if Elon Musk could do for NASA, what Washington could not. Then why can't we find. Maybe even get Elon Musk. Why can't we unleash the same kind of thinking on health care.

It's time for radical thinking!

Imagine a system where your doctor spends more time listening, than actually checking boxes.

Imagine competition across state lines. Imagine prices that behave like normal prices because the market is finally allowed to work and government doesn't have its finger on the scale.

Imagine freeing the nurses and the physicians from the paperwork prisons they're in. And letting them practice medicine again.

This isn't utopian. That's just uncaptured America. The America before the bureaucratic glacier, settled over absolutely everything in our lives.

Trump is the one that can do this. He's -- he's hitting home runs, grand slams, all -- all the time.

All the time.

Health care is the crack in the wall, where sunlight is still getting through. If you solve this, if you solve the pressure and you -- you lower the pressure on the engine behind the Colour Revolution, you win!

You win. I'm not even talking about election.

You save the republic.

You solve this.

And you solve the fear that drives half of our political dysfunction.

Washington thinks the shutdown is a battlefield. It's not!

The battlefield is health care. The future is decided there. And the man who breaks that system open. And let's Americans breathe again, will shape this country for a generation.

And the only guy to do it, is Donald Trump.

THE GLENN BECK PODCAST

They're WATCHING You... The Terrifying Truth about Phone Surveillance

What if your phone knows what you’ll do before you do? Glenn Beck and former Navy SEAL Erik Prince expose the terrifying reality of modern surveillance, from the government’s secret data networks to Big Tech’s behavioral tracking systems. A global “surveillance capitalism” industry has been born, merging private corporations with intelligence agencies. Today, every app, ad, and algorithm harvests your movements, conversations, and even your thoughts. This conversation reveals how smartphones have become digital soldiers quartered in your home, and how privacy, freedom, and free will are vanishing in the age of data control.

Watch the FULL Interview HERE

The harsh truth about America's ailing economy

Glenn Beck warns that America’s economy is suffering from a deeper disease... one that can’t be cured by printing money, free checks, or political spin. With inflation rising, housing unaffordable, and healthcare collapsing under government control, Beck argues the nation faces a “cancer” that only painful but honest reform can heal. He and Stu Burguiere break down why short-term fixes like subsidies and stimulus will only fuel the crisis, and why the only real solution lies in deregulation, competition, and courage. Will Americans endure the hard medicine needed to save the nation, or turn to socialism out of desperation?

Transcript

Below is a rush transcript that may contain errors

GLENN: Welcome to the Glenn Beck Program.

Stu does not share my -- my optimism. And I -- you know, I think that's too strong of a word. I'm not optimistic.

I am hopeful that someone in Washington, on our side understands what we're facing here. That health care is the biggest win!

It's the biggest win. And totally winnable.

STU: Yeah. And I do think -- if -- you know, if it was the top priority of Donald Trump. I think, he would be able to move Republicans toward trying to come up with something, I guess.

But I don't show much optimism on that. Because as I was going through that whole scenario, it wasn't just that we said these rates would go up, and that the Affordable Care Act wouldn't be affordable and gave all of the reasons that wound up playing out with risk pools and everything else.

And it wasn't also that we would say, hey. They're going to try to solve this by more government subsidiary easy. And more dependence on government.

We said all that stuff. And that's what we just talked about.

But other thing we said was that after this thing got passed, the Republicans would bail on opposing it. We would no longer have an opposition. We're now to the part of the story where the right-wing position is just normal Obamacare.

And the left-wing position is new expand, fancy, times ten Obamacare. The question of whether we triple down on Obamacare.

Or double down on it. That's now a conservative position.

GLENN: Okay. So let me give you some hope.

I talked to Dr. Oz. And he said, they're introducing something here in the next couple of months.

Should be, any time now.

And it will be done at the state level. And it will be to stop all the barriers from state to state.

And you get -- you get your -- your -- your funding for different programs if you get rid of those barriers for your insurance companies.

And if you don't, well, you don't get your funding. And so they will be incentivized to do it.

So I do think that there's some thinking about this, that's going on, with RFK and Dr. Oz.

In fact, let's see if we can get them on. Maybe I'll go up to Washington and do a podcast with him.

Because I think this is the big win here. Because if you look, you have to -- you have to change the life of people, in the next 15 months. Twelve months, if you want to win the election!

And if you -- if you want to win with J.D. Vance. You're going to have to do it in the next 18 months, at the very minimum, okay?

It's going to get harder and harder to do it.

So you have -- you have the things. What are the levers the president has in front of him?

Housing. What is the problem with the housing market?

The housing market, there's a couple of problems.

One, we don't have -- we have a shortage of housing. Okay. Because everybody freaked out. You know, 2008, we had a housing glut. Now, maybe we should go to other way.

So we didn't build enough houses. So now we have this giant housing shortage.

So can the president fix this one quickly?

No. Millions of houses need to be built. And how is he going to do it?

Unless there's a land grab, okay?

Unless he opens up federal land, which we saw how that one went. So he can't really fix the housing thing. He could help it, by saying, "Hey, BlackRock, you guys stop buying houses."

But how do you do that?

I mean, is that the right thing to do? I mean, it's the right thing to do for the people. Constitutionally, can you do that?

I don't know. I don't think so.

The next cost that people are feeling. Electricity. What are you going to do with that?

Well, we know that he's building power plants. Or he is -- he is letting the red tape go, on the power plants.

So if you want to build a power plant, you can build a power plant, in record time.

But that, again, is 18, 24, 36 months away. Minimum! Before you have new power plants, where you'll start to see your electricity costs go down. So you can't do that. Food costs. What is he going to do?

Import cheaper food. That's not a good idea.

So what are you -- how do you affect the average person's money? Well, you can send them free money. Which means, we have to print more.

He's going to send free money. It's the money that he's been taking in from the trade barriers.

So he's saying, he's going to send a $2,000 check to people. And that's the first time I've ever seen a check where the money was actually money.

That we had. Not printed money.

But that's all you can do. You can even do that. That's all you can do. Because you can't print money. You can't have a stimulus. Or you will Jack the prices of everything up.

And you're in the same loop over and over and over again.

The only place where the government has the tools, has enough sway, Donald Trump could do this.

To start breaking this thing up.

Is health care. And that could change things pretty much overnight.

Within 12 months, if he acted today, within 12 months, you would start to see prices come down. You would start to see competition.

You would start to see some sort of relief. But what else does he have, Stu. What else can he do, that will change people's lives. And he knows he has to do that.

STU: Well, I mean, I -- generally, I think I agree with most of that.

I think that the health care is one, you could do.

Again, that's something you sign up for on an annual basis.

Even if the prices did drop, it would take a while for that to come in.

The easiest way to do this -- and he's, by the way, done a lot of this -- is deregulation. You know, I think what's happening with some of that. And we're not seeing tons and tons of results from that, is because I think he's doing things on the other side as well.

That are affecting prices the opposite way. So we're not going to see massive drops.

Of course, a lot of this -- there's a lot of big promises that are being made. When you talk about prices coming down, really fast. It's not always achievable.

The president of the United States. We said this for 100 million years, I feel like again, we're on repeat here. The president of the United States is not the guy that sets prices. That's not his job, right? He doesn't micromanage the economy.
He can do things that can help the economy. I think what's happening now, as you're pointing out. I think this is the desperation a little bit seeping into our politics.

Is that there were -- Trump won the election with a lot of people who had faith in him. Not because he was good on even the border or on -- you know -- you know, trans kids. You know, trans men playing women's sports. It was about -- it was that affordability issue. He was really good on that.

People believed that they would see an economy like they saw in 2018 to 2019, in his first term. And we're just so far, not really seeing that.

Now, there's a lot to unwind. From where Joe Biden was. And the way these prices work. When it comes to inflation. Is not necessarily that prices drop down.

That's what is so devastating about a long-term inflation like the one we got from Joe Biden.

The prices get to a set level.

You don't necessarily bring those prices down. As much as, you slow the increase.

Which is difficult.

GLENN: Yeah. Yeah.

STU: Again, one of the focuses of Trump's economic plan is to try to draw a lot of these products to be made in the United States.

As you point out, that is a long-term process.

You're talking about way after Donald Trump is -- is out of office, before you're seeing the -- what -- the potential theoretical benefits of new factories being built in the United States.

It's going to be to take a long time for that to work, if you believe it's going to work. When you're talking about the other side of that. Which is, you know, increasing prices, based on different taxes and such.

You're -- you're winding up with a situation where you're taking the medicine, and you're waiting for those results to kick in over multiple periods of years.

So I think the way he can do a lot of this stuff.

The best thing he can do in a quick way. Is cutting regulation.

You can cut out a lot of this stuff, to increase the speed of the improvement. Like, you want to build a new power plant. He can cut those things from 12 years, to four!

But that's not going to -- it's not an immediate, you know, economic win.

GLENN: No.

STU: What you're talking about.

GLENN: The country has cancer. That's the problem. The country has cancer.

And we can survive. But it's -- going to take chemotherapy and a long time. And so you can't just go in.

If you have cancer, you can't go in and say, well, you know, you told me yesterday, you were going to start chemotherapy, and I had my first chemotherapy, and I feel worse.

And I'm not getting any better.

"It's been six months, Doc. And I'm not feeling any better."

Yeah. You're not going to feel any better at first. Because it's a serious disease. That's the issue that we're dealing with. The damage -- and we said this under Biden. We said this under the first Trump. We said this under Bush. You know, Reagan was saying this. At some point, the -- the sickness is going to be so bad, that there's not going to be anything that feels good to do. And it's going to get harder and harder to take the medicine.
And unfortunately, you know, everybody wants a quick fix. You know, when Reagan came in. And everything was out of control, you remember what Paul Volcker did?

You remember this, Stu?

STU: Yeah.

GLENN: You weren't old enough. But you know it through history. What did he do?

STU: He had to get rid of inflation. That meant jacking up rates. And that was a painful period.

GLENN: To what? To what?

STU: Eighteen to 20 percent, in that range.

GLENN: I think at the top it was 20 percent interest rates. I remember 19 percent interest rates. Nineteen. People are freaking out over five or six. We had 19 percent interest rates. That stopped everybody from buying. You want to talk about not being able to afford a house.

That was it! But that's what sucked all of that money back in.

Well, you can't do that right now. Because the patient is so sick, you can't -- those interest rates will kill everything. It will kill all the jobs.

The whole thing will collapse. So you can't do that. But we're complaining on 5 percent. You know, and we're wanting them lower and lower and lower and lower.

Well, yes.

I want that too. Because there are signs that jobs are going away. But jobs going away is not just the interest rate. It is also AI and automation.

We are in this really ugly place, that we don't have these honest questions, and really explain to each other, exactly what's -- what all of the forces are. You're going to get socialism.

Because that will seem like the only answer.

Just make it stop. Just make it stop.

Well, okay.

But know what all of the forces are that are causing all of these things.

And there is a way out of it.

It just cannot be done in two years!

It can't be!