RADIOMarch 08, 2025

'Bigger Than Watergate': How Stacey Abrams Was Gifted $7 BILLION of YOUR Money

In a SHOCKING potential scandal that rivals Watergate, The Biden-Harris administration appears to have funneled $7 BILLION of YOUR tax dollars into a ghost fund—the United Climate Fund—tied to a $20 BILLION jackpot from the so-called Inflation Reduction Act. Spoiler: It’s got nothing to do with inflation. From Stacey Abrams’ shady Power Forward Communities (raising just $100 before scoring BILLIONS from Biden) to an EPA whistleblower spilling the truth—this was a desperate cash dump to benefit Democrat allies before Trump took office. Where did the money go? A black hole of legal fees, vague solar promises, and political insiders. When you break it all down, this amounts to $240 stolen from every American family—groceries, gas, your children's school supplies, gone. People MUST be held accountable for this.

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. So let me tear this story apart. And let's just start with what happened.

This happened last spring. Okay?

The lame duck the presidency. Right around the same time, of the story that I talked about last hour, about the auto-pen scandal. Apparently, everything that Biden signed was done by auto-pen, except for him saying I'm not going to run. That's weird, isn't it? So right around that same time, April 2024, the Biden/Harris administration. Via the EPA. Handed over $7 billion of your money. To a ghost, called the united climate fund. Oh, that's a good name.

Oh, therefore, the climate.

Now, $7 billion. That's not the real story. This is all part of a 20 billion jackpot from the green house gas reduction fund.

That was tacked in and tucked in, so you couldn't really find it in the so-called Inflation Reduction Act happened in nothing to do with reducing inflation.

Nothing!

It was a scam! So it was all about the green thing. They sold us climate salvation. But what it really was, was robbery.

Okay?

This fund wasn't some titan of green innovation. Like, we -- we have dedicated our whole lives. It popped up in Delaware. Hmm! On November 30th, 2022.

It was barely five months old, when the cash started to flow. Okay? Its tax filings, a complete disgrace. Its first year, it had $547,000 in revenue.

It blew through and torched 451 of those things in two months. $451,000 in two months!

Then 323,000 just vanished in other expenses! I mean, it's a black hole.

No explanation. Just, I don't need to tell you!

The legal fees gobbled up more. The vague promises of $50 million in solar projects, that's what they were saying.

Well, we're $50 million. Where was any of that?

Then the mask slips off. We find out, that they were funneling cash to power forward communities.

Oh, God. Don't just some of the names of some of these organizations just piss you off. If somebody came to you and said, I'm for power forward communities. I would slam the door in your face. Not interested!

All right. That thing is tied to Stacey Abrams. Huh. So a political insider gets a bunch of money, because she's the teacher's pet. No transparency on that. No accountability. It's just a show. Stacey Abrams. This Power Forward Communities, if you thought the other one was a sham, she had only raised $100. One hundred dollars! Not 100,000!

$100! You could get that from the guy who is begging on the street, if you want to rob him. I'll bet you, if he spends a couple of days, just at a street corner. He's got 100 bucks. Maybe even a day. That's all she could raise for her own organization.

And then suddenly, Biden comes in and is like, it's $2 billion. Oh. That seems right!

So there's no transparency. There's no accountability. In December, it was Project Veritas that caught an EPA official spilling the truth on this one. He said, this was an insurance policy against Trump winning. Now, what does that mean?
What does that mean?

So all it was, was a desperate cash dump, before the clock ran out. They're giving it to their friends. Why?

Now, under the, you know, department of government officials. DOGE. They blew the lid off of this thing. The $20 billion was stashed at Citibank. It's being clawed back now by the government.

It isn't incompetence.

It's calculated theft. That's what it is. Theft of your money, your labor. Your nation, quite honestly.

So now, that's what happened. Now, here's what it means.

And let me give you some historic perspective, here. I want you to feel this in your gut. And it will sound like no big deal. I want you to really understand what this just one piece means directly to you. $7 billion.

Is $20 per American. Not taxpayer.

Per American!

Family of four. When you tally in the full $20 billion. That's $240, that's just gone from your bank account.

Actually not. Because take $240 per family. And then just add the interest rate, that we will be paying China for that borrowed cash. It will be a lot more than that. That's grocery, gas. Your kid's school supplies. Gone.

Where did it go?

Stacey Abraham's big pockets. And she's a big person. So she has big pockets.

Now, if you even have Stacey Abrams size pockets. That's not pocket change.

Historically, this dwarfs -- oh, did he just use the word dwarf?

Yes, I did. Dwarfs scandals, that we have learned.

I don't even remember where it was. The tee pot dome scandal.

When did it happen, kids?

920.

Can anybody tell me what it was?

No. You just told me to memorize the date when it happened. I know it happened in the '20s. I don't know anything else about it! In adjusted dollars, the Teapot Dome Scandal, that we are told, we must memorize, that cost in today's adjusted dollars, 400 million!

400 million, and we're still teaching about that scandal.

This is 20 billion! Okay.

That kind of -- I mean, really, you look at the tee pot dome scandal now, and your kids should be like, rookies!

Watergate was a break-in.

Jail time.

Prison. Break-in. It wasn't a billion dollar siphon. No. There was no money stolen. Nothing happened in Watergate. Prison time.

You know, the savings and loan scandal? George Bush's brother was involved. Yeah. He was. Yeah, he was.

And it -- that scandal was 160 billion. Over ten years!

This is 20 billion, like in a day! Hey, you know what, call her up. Can we get the EPA on the phone? I have $20 billion. Okay.

So I don't know. That's kind of fast. But we have AI now. Should be a little faster!

So this is your money, your voice, gone. Constitution, article one, section nine. It talks -- no dollar will leave the Treasury without law!

Law for us, apparently not for them. So remember, you're still working today, every dollar you're going to make, at work today, is going to go to the federal government.

When you break it out over a year, you will be working, I think it's this year until April 19th, from January 1st with be to April 19th, just to pay your taxes!

And what happened to those dollars, that you've worked from January 1st to April 19th this year?

I don't know. Stacey Abrams stuffed it in her big butt someplace, and money is shooting out.

To whom?

I don't know! I don't know.

I worked hard for my money. What did Stacey Abrams do for her.

Okay. So who is involved. Who might be involved.

Well, Biden/Harris. Because they signed off on this.

Kamala Harris, said, this was her legacy. The green house gas reduction fund.

All right. So, good. Let's make sure she understands that's her legacy. Now, the EPA chief under Biden, Michael Reagan. He was the bag man, he's the guy who doled out the millions. The Climate United Fund, their officers, I don't know.

I don't know. Scooby-Doo van, we're sending it out. The kids are going to be able to unmask him eventually. But I don't know, Scooby is kind of old at this point.

Even the Scooby snacks didn't keep him in that van very long. But their tax forms are hiding all of the names of the officers. So we don't really know, but Abrams' Power Forward?

That one -- what is that smell? It smells like rotting garbage. No, uh-uh, that's Stacey Abrams Power Forward.

Citibank held all the loop. No foul play proven yet, but they are in the frame. And Citibank, if you did anything wrong, I pray to God, we come and get you too. The EPA whistle-blower, he's a cog. But in their words, it's a cabal, at the very top, that knew that this was just preelection cash. That's all it was. If you're a Democrat. All the money that you sent in. What was it?

A trillion dollars that people donated. And you kind of went, where did that money go?

Yeah. It lined the pockets. It's in Stacey Abrams butt some place.

I think it is. I don't know for a fact that that's where she keeps it. But it's kind of a big butt. So who else is involved?

Dig a little deeper here. Who else is involved?

Well, the Obama era loyalists. Can't wait to tell you about that. Climate grifters.

Congressional enablers. Theater ones who slipped this into the wall.

The DOGE crew.

The head of the EPA now. Lee Zeldin.

I love you! They got the scalpel out. It's kind of sharp. Justice, and the inspector general, going to name names. Or at least that is what they say. Understand, it's not a lone wolf.

Uh-uh. This is whole pack. And they've been feeding on the American carcass. They have blood all over their face. I think we should go wolf hunting, myself.

Now, who could possibly be against tracking this down?

Because not everybody is cheering DOGE and Elon Musk. In fact, he's a Nazi. Did you hear that?

Oh. We don't have Nazis around here. I haven't heard anybody, call anybody a Nazi, ever.

Okay. So it's going to be the entrenched. The Deep Staters. That are going to fight tooth and nail on this.

They might even break out in -- we shall overcome. Good God. It's not 1965. Shut up!

Anyway, they might break out in song.

I don't know. But the climate lobby, these NGOs. The green tech firms. The banks!

Billions of dollars. And they're all going to say, but the planet is in peril!

And that's why we don't know what would burn down. That's why we wanted to keep it someplace moist, like Stacey Abrams butt!

Uh-huh. Now, the democratic operatives, that are tied to Abrams, and Joe Biden, yeah. They're not -- they're not happy about this. Because they're going to be exposed.

But they're -- here's what's going to be exposed: The Patrogen (phonetic) Network. That's their life blood. Have you ever wondered?

Have you ever said this? Because I have. Where the hell are the Republican billionaires?

Doesn't it seem like everybody -- anybody who wants to, you know, destroy the country. They've got billions of dollars behind them, right?

And you're like, you know what, the billionaires, on the left. They just give all this money.

No!

You've been giving all of this money. They've been funneling your money, in the -- to the tune of hundreds of billions of dollars, to these people that want to destroy America.

That's what's been going on.

And then you have the bureaucrats and the EPA and the government. I mean, the careerists, who would rather -- they would rather just go down with a fight.

Because they will lose their fiefdom. And their power. And survival. And the money and everything else.

Look, $20 billion.

A slush fund, buys an awful lot of loyalty, influence, votes.

You rip that away, and the empire crumbles. Well, it doesn't crumble. But it's a good hit to that. Because there's hundreds of billions that are in these slush funds. And the big banks like Citibank, I think they're quietly squirming. We have nothing to do with -- uh-huh. Uh-huh.

Yeah. That's what the banks of the mob says!

Has THIS Islamist organization BROKEN state laws for YEARS?!

A new report accuses CAIR Action, the political arm of the Council on American-Islamic Relations, of breaking state laws with its political activism. Glenn Beck reviews this story...

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me go over what is -- what's happening with -- with CAIR.

You know, the Founding Fathers were obsessed over accountability.

Because they knew one thing. You know, they did. They must get suggestions from people on, you know, through tweets. They studied every single system of government.

Every single republic that survived. That didn't survive.

Why didn't it survive?

They studied all forms of government. They were trying to come up with something that could -- could set people free.

And they -- they worked really hard on putting our checks and balances in place, because they knew, once power slips into the shadows. They knew, once power slips into the shadows, once influence becomes unmoored from law, what rises is not a republic.

It's a machine. And that's what you're seeing right now. We're not living in a republic. We're living in a machine.

We -- I think we're staring at one of the largest unregulated political machines operating in the United States ever! Okay.

There have been a couple of groups that are doing sweeping investigations, two watchdog groups. One of them is NCRI and the Intelligent Advocacy Network.

And they have concluded now that the political arm of CAIR, he known as CAIR action, has been operating nationwide with no legal authority, to do the things it has been doing for years now.

They're not allowed to raise money. They've been raising money. Coordinating political campaigns.

Not allowed to do it. Endorsing candidates. Not allowed to do it, they're doing it. Mobilizing voters, shaping policy, functioning as a national advocacy network.

They don't have the legal authority to do any of it. And no one has said anything.

Now, according to the report, CAIR action doesn't just have a paperwork problem.

Investigators found, state by state, that it lacks the license, the registrations. The charitable authorizations, required to legally solicit money.

Excuse me. Or conduct political activity, in any of the 22 states in which it operates. Think of that!

I know how serious this is, because I remember what it took to get the license in each and every state, for Mercury One.

So we could operate. We could raise money. We could do things in those states. It's a lot of work. And if you don't do it, you go to jail. And they find out pretty quickly.

Okay?

22 states, they operate not one, zero legal authorization.

In Washington, DC, the city where CAIR action is incorporated, the department of licensing and consumer protection told investigators, they have no record of CAIR action ever obtaining the basic business license required to solicit funds or to operate.

Imagine how long would you last in business, especially if you were controversial.

How long would you remain in business, if you never had a business license?

You think somebody would figure that out?

In a sooner time than I don't know. A couple of decades!

This report means, that the organization if true, is engaging in unlicensed inner state solicitation.

It has exposed itself to allegations as serious as deceptive solicitation. Wire fraud and false statements to the IRS. These are big things.

And this is not political rhetoric.

Are these phrases written in black and white. In the law.

And by investigators. In California, one of CAIR's most active hubs. The state attorney general has said, the state attorney general of California has said, same pattern here!

The state of California, to say, yep. That's what's happening here.

CAIR action has never registered with California's charitable registry.

Never filed the required CT1 form. And has no authorization whatsoever to request donations. But they've been doing it in California anyway.

Fundraising, selling memberships. Issuing endorsements. Mobilizing voters. All of that has been done by CAIR action. There's no record of any license. Any permission, ever. Going to CAIR. From California. That's according to their attorney general.

Wow!

That's pretty remarkable, huh? How does that happen?

It's not just the coast. It is also happening to the Midwest, the South, the Mountain West. Every state hosting its own CAIR action fundraising page, complete with the donate now and become a member portal, despite no trace of the legal filings required to operate. That's bad!

Now, here's where the stakes rise.

Because CAIR action presents itself openly, as the political arm of CAIR National.

Investigators are now warning that any unauthorized fundraising or political activity.

Could become CAIR's national responsibility as well.

So, in other words, the parent, CAIR itself, might be held responsible.

Meaning, this is want just a rogue subdivision.

This could implicate the entire National Organization of CAIR.

Now, this is happening at the same time it's coming under national scrutiny. It's also Texas.

And I think Florida have designated the group a foreign terrorist organization. Members of Congress are now asking the IRS, the Treasury, the Department of Education to investigate all of its partnerships, all of its financing, all of its influence operations. I mean, I think they're going to be in trouble.

How long have we been saying this?

But every time, I have pointed out anything about CAIR, I have been called an Islamophobe, which shuts everything down. That is a word, developed by people like CAIR, to shut people down, so you'll never look into them.

So what happens next?

First of all, the reports have to hold up.

Regulators now have an obligation. Not a choice. An obligation to act!

State attorneys general in these 22 states, they might pursue fines, injunctions, criminal referrals.

All of them need to take action!

The IRS, needs to take action. Investigate tax exempt fraud. Treasury Department may review foreign influence or money flow violations.

Anything coming from overseas.

Oh, I can't imagine it. They're so buttoned up, right now.

DC regulators may determine whether CAIR actions entire fundraising operation has been unlawful from the beginning.

But here's the deeper question. And it's not bureaucratic. This one is constitutional.

Can the United States tolerate an influence machine, that operates outside of the legal framework, designed to prevent corruption, foreign leverage, and untraceable money?

If I hear one more time, talking about how AIPAC has just got to be investigated. Fine. Investigate.

I'm not against it.

Investigate.

Why aren't you saying anything about CAIR?

It feels like it might be a tool in the hands of a foreign operation.

Why aren't you saying anything about this?

Because here it is! It's not like, hey. I wonder why.

This is it! This is it! This isn't about silencing CAIR. Muslim Americans are -- that are full citizens, they have every right to speak. Every right to vote. Every right to organize. Participate in public life. No question! They can disagree with me, all they want.

But no organization. None! Not mine. Not yours. Not theirs. None. Should operate a nationwide political network, in the shadows and be immune from all of the guardrails that every other group must follow!

That's called a fourth branch of government!

That's how a fourth branch goes.

By the way, CAIR has placed all kinds of people in our Department of Homeland Security. Et cetera, et cetera. This organization has done it!

This is -- you cannot have a fourth branch of government.

They must abide by the laws.

No -- you can't have a branch that nobody elected. Nobody oversees.

Nobody holds accountable.

We talked about this yesterday, on yesterday's podcast. So what needs to happen is total transparency. CAIR action has to release its filings. Its donor structure. Its compliance records, if they exist. Equal enforcement under the law. I don't want them prosecuted in special ways.

Look, if AIPAC is doing the same thing. AIPAC should be prosecuted exactly the same way.
I want it equal. I want constitutional rule.

If conservatives, if Catholics, pro-Israel, environmental, Second Amendment groups, if they have to comply by the state law, so does CAIR action.

And if CAIR action has to do it, so do the Second Amendment groups and environmentalists, and pro-Israel and conservative groups. The law cannot be selective. It can't be!

I don't know how that's controversial in today's world. But somehow or another, they will find a way.

The Feds have to review all of this. If the report is accurate, the IRS and the Treasury have to determine whether false statements or unlicensed interstate solicitations have occurred.

Americans deserve to know what exactly, who is influencing our elections. Who is shaping our policy? Who is raising money in their state?

Especially physical the organization claims political authority, that it doesn't legally possess.

Because history will teach us one unchanging lesson. When a republic stops enforcing its own laws, someone else will always step in to fill that vacuum because power abhors a vacuum!

Unregulated, political power abhors a free people. So while it's about CAIR, it's not about Muslim Americans. It's not about religion.

As always, at least on this program, we try to make it about the rule of law.

One standard for everyone or no standard at all!

And that more than anything, will determine whether or not our institutions remain worthy of the freedom and responsibility that we have entrusted to them.

Glenn Beck WARNS Democrats Will Return with VENGEANCE in 2026 | Glenn TV | Ep 473

America is entering a year of historic upheaval from Charlie Kirk’s assassination and the spiritual shock that followed, to Trump’s tariff revolution, China’s rare-earth war, collapsing energy grids, AI displacement, and the looming fights over Taiwan and Venezuela. Glenn sits down with BlazeTV hosts ‪@deaceshow‬ and ‪@lizwheeler‬ along with his head researcher Jason Buttrill, to break down the biggest stories of 2025. Plus, they each give their most explosive prediction for 2026 that could shape our politics, economy, national security, and civil rights in ways Americans have never experienced before.

Trump Just SHATTERED the “Expert Class” - And the Deep State is in Total Panic

For nearly a century, Washington DC has been ruled by an unelected “expert class” operating as an unconstitutional fourth branch of government — accountable to no one, removable by no president, and shielded from all consequences. Glenn breaks down why Trump’s firing of the Federal Trade Commissioner could finally dismantle the 1935 precedent that empowered technocrats, how Ketanji Brown Jackson exposed the Supreme Court’s embrace of expert rule, and why America cannot survive a government run by people who never face the voters and never pay for their failures.

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So President Donald Trump fired the federal trade commissioner Rebecca Slaughter. Federal Trade Commission is an administrative position. I mean, this is under -- the head of the federal trade commission is a cabinet member.

And if the justices uphold Trump's firing of Slaughter, that will overturn a precedent that was horrible, that was set in 1935. Remember, 1935, we're flirting with fascism. You know, everybody thinks. Because they haven't seen the horrors of fascism yet.

Everybody thinks fascism is neat, blah, blah. So what they do is they say that this is an independent person. And the president can't fire them. Because they're, you know, an independent agency.

Well, wait. That would make a fourth branch of government. Our Constitution is really clear.

There is no such thing as a fourth branch of government. Right?

So that's what they're deciding. Now, here is Ketanji Brown Jackson, who is talking about how we really need to listen to the experts. Cut four.

VOICE: Because presidents have accepted that there could be both an understanding of Congress and the presidency. That it is in the best interest of the American people to have certain kinds of issues, handled by experts. Who, and I think you -- in your colloquy, Justice Kagan, have identified the fact that these boards are not only experts, but they're also nonpartisan. So the -- the seats are actually distributed in such a way, that we are presumably eliminating political influence because we're trying to get to science and data and actual facts, related to how these decisions are made.

And so the real risk, I think, of allowing non- -- of allowing these kinds of decisions to be made by the president, of saying, everybody can just be removed when I come in, is that we will get away from those very important policy considerations.

VOICE: We will get away from US policy considerations, and it will create opportunities for all kinds of problems that Congress and prior presidents wanted to avoid, risks that flow inevitably, just given human nature, the realities of the world that we live in.

GLENN: Okay.

Now, remember, what she's saying here is, we have to have experts.

We have to have experts. We have to have experts that don't really answer to anybody. Okay?

They're appointed. And then they're just there. This from a, quote, judicial expert, who cannot define a woman, because she's not a doctor.
She's not a scientist.

She needs an expert to define a woman.
That's how insane her thinking is. Okay?

Now, I would just like to ask the Supreme Court, when you want things run by experts, do you mean things like the State Department, or the counsel of foreign relations, that have gotten us into these endless war wars for 100 years?

Because these are the things that Woodrow Wilson wanted. He wanted the country run by experts.

Okay. So is it like the Council of Foreign Relations, that keep getting us into these endless wars.

Or is it more like the Fed, that directs our fiscal policy, that has driven us into $38 trillion of at the time. We have all powerful banks. That strangely all belong to the fed. And endless bailouts for those banks. Are those the experts that you're talking about?

Or are you talking about the experts that are doctors, that gave the country sterilizations, lobotomies, transgender surgeries. You know, or should we listen to the experts, like the ones that are now speaking in Illinois, to get us death on demand like Canada has, with their MAID assisted suicide, which is now the third largest killer in Canada. MAID, assisted suicide, third largest killer in Canada. Experts are saying, we now need it here, and they're pushing for it in Illinois. Or should we listen to the experts? And I think many of them are the same experts strangely, that brought us COVID. Yeah. That was an expert thing. They were trying to protect us. Because they need to do this for our protection. So direct from the labs in China with the help of the American experts like Fauci. We almost put the world out.

Should we listen to those guys?

Or the experts that brought us masking, and Home Depot is absolutely safe. But Ace Hardware wants to kill grandma. Which are the experts that we want? That we want to make sure that we have in our lives? That they don't answer, or can't be fired by anybody. Because I'm pretty full up on the experts, myself. I don't know.

But you're right. These experts would keep the president in check, and they would keep Congress in check. And you in check!

And the Supreme Court, which would be really great. You know, and you know who else they would keep in check? The people.

So, wow, it seems like we would just be a nation run by experts, and our Constitution would be out the window, because that's a fourth branch!

And if you don't believe me, that, you know, these experts never pay a price. Can you name a single expert?

Give me a name of an expert, that gave us any of the things that I just told you about.

Give me the name. I mean, give me the name of one of them. Give me the name of one of them that went to jail. Give me the name of one expert that has been discredited.

You know, where your name will be mud in this town. Do you know where that came from?

Your name is going to be mud. It's not M-U-D. It's M-U-D-D, that comes from Dr. Samuel Mudd. Okay? He was a docks man. He was an expert. He was that set John Wilkes Booth' broken leg. He made crutches. He let him stay there for a while. He claimed he didn't know him, but he did know him.

In fact, one of the reasons they proved it.

Is because when he pulled the boots off -- when he pulled both of his boots off, right there, in the back, you couldn't have missed it. It said "John Wilkes Booth."

He's like, I have no idea who he was.

Yeah. Well, you knew him in advance. This was a predetermined outpost where he could stay. It's clear you could know him.

The guy was still discredited, we still use his name today. Your name will be mud in this town.

And we think that it's like dirt, mixed with water kind of mud. No, it's M-U-D-D, Dr. Mudd. The expert that was so discredited, went to jail, paid for his part of the assassination of -- of Lincoln.

Give me the name of one of the experts in the last 100 years, that has brought us any of the trials and the tribulations. The things that have almost brought us to our knees. Give me the name of one of them. Can't!

Because once an expert class, they don't answer to anyone. So they never go to jail.

Wow! Doesn't that sound familiar. People never going to jail!

There's a rant that's going around right now, that I did in 2020. And everybody is like, see. He's talking about Pam Bondi.

No, no. I got to play this for you, a little later on in the program. But I want to get to the experts and what the Constitution actually says about that. Because you don't need my opinion. What you need are the actual facts. So you can stand up and say, yeah. I think Ketanji Brown Jackson is an idiot. Okay?

And she's really not an expert on anything. Especially the Constitution. You need the facts, on what the Founders said. Because the Founders would be absolutely against what they did in 1935.

Because that just -- what does it do?

It just sets up a fourth branch of government.

EXPLAINED: Why the Warner-Netflix/Paramount Merger is DANGEROUS for All of Us

The biggest media merger in modern history is unfolding, and Glenn Beck warns it’s the most dangerous consolidation of power America has faced in decades. With six corporations already controlling 90% of the nation’s news and entertainment, a Warner-Netflix or Warner-Paramount megacorporation would create an unstoppable information cartel. Glenn exposes how “too big to fail” thinking is repeating itself, how global elites and “experts” are tightening their grip, and why handing our entire cultural narrative to a handful of companies is a direct threat to freedom. The hour is late — and the stakes couldn’t be higher.

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, it's never good when you consolidate power. It's never good.

And what is going on now, with this Netflix Warner Brothers paramount stuff, I don't care if Larry Ellison is a conservative or not.

No one should have that much power.

I did a show, gosh, four years ago. I don't even remember when I did it.

We looked it up. In the 1980s. 19 percent of American media was owned by over 50 companies.

Forty years later, 90 percent of the media is watched and controlled by six companies.

National Amusements, the Red Stone Family controls CBS, CMT, MTV, Nickelodeon, gaming and internet. Simon & Schuster Books. That's all one.

Disney, ABC, ESPN, History Channel, Marvel, Star Wars, video games and print.

TimeWarner controls CNN, Warner Brothers, HBO, Turner, video games, internet, and print media like TIME. Comcast, MSNBC, NBC.

CNBC, Telemundo, the Internet.

New Corp. Fox. National Geographic. Ton of others. Sony, with a ton of movies, music and more. The big six. They're valued at nearly $500 billion.

Now, this is something I put together five years ago. So I don't even know. This is probably not even valid even today.

And now we're talking about Netflix, Warner Brothers. Paramount, into all of these one giant corporation. It's wrong! It's wrong!

We can't keep putting all -- everything into the hands of just a few! It's what's killing us!

We've got to spread this around. We can't -- the government cannot okay mergers like this.

They're big enough he has

What happened -- what happened when the banks went under, or almost went under in '08. What did they say the problem was?

They said the banks are too big to fail.

Too big to fail.

Because they were providing all of the services, everybody needs. All the time. And there's only a handful of them.

So if they fall, then everything falls.

Right?

That was the problem. So what did we do to fix it?

We made them bigger!

We let them merge with other banks, and gobble up other things!

And started taking on the local banks.

And so now, your banks that were too big to fail. Are now even bigger. And their failure would be even worse!

What is wrong with us?

Seriously, we're not this stupid.

We're not this stupid.

I think we're just this comfortable.

We just think the experts have a plan. No. The experts don't have a plan.

Their plan is stupid. Their plan is to make it bigger.

Every time it fails. Make it bigger. Push it up.

Make it more global.

No. Haven't you seen what the entire world is like?

The entire world is over-leveraged. The entire world is on the edge.

The entire world is being redesigned.
So what do we do? We don't allow them to make things bigger! We need to start taking more individual and local control of things. They're making it bigger. Which will make the problem bigger. And make the problem so big, you won't be able to do anything about it, because all the experts. All of the heads. They'll all -- there will be six of them. And they will all be sitting in one room.

And they will all be making the instigations. And with them, making those decisions will be all the heads of all the countries around the world, that you're not going to have a say in any of that. They're already trying to do it with the WEF.

But if -- if the Supreme Court says, no, experts matter. And the president can't fire them. You will not have any control over anything!

We're at this place, where we can back out. We can turn around.

We can do it.

It's not too late. But the hour is growing very late.

I don't know about you, I don't like being this.

Up to the edge, you know what I mean?

I would rather have lots of breathing room, between me and the edge of the cliff.

But we don't have that anymore.

Everything has to be done right.

And we have to pay attention.

And the worst thing we can do is make things bigger.

Dream big, think small.