THIS is Where Inflation is Coming From
RADIO

THIS is Where Inflation is Coming From

The Federal Reserve may claim to be fighting inflation, but Rep. Thomas Massie joins Glenn to make the case that the Fed is also CAUSING the inflation. Between all the money printing, interest rate changes, and bank bailouts, the Fed is toppling the U.S. dollar, Massie argues. And while you’re suffering, the big banks are getting richer. So, because of this, the Fed has got to go! But what would replace the Fed? Massie gives his top choice …

Transcript

Below is a rush transcript that may contain errors

GLENN: There is somebody that I really respect, that is doing something that absolutely has to happen. You want to fix the country, we must abolish the Federal Reserve right now.

And representative Thomas Massie is on the phone with me now.

Hi, Thomas, how are you?

THOMAS: Hey, Glenn. Thanks for covering this topic. It really needs to happen.

We're done nibbling around the edges. I've introduced the bill to audit the fed for a decade.

We're past that, and we have to end it.

GLENN: Yeah. So explain to people, what the fed is, is what it has been doing lately. It's our central bank. And it has nothing to do with the federal government.

It is a private corporation. Correct?

THOMAS: Yeah. Let me just explain what's happened under Jerome Powell. And I hate to pick on him, but he's the fed chairman right now. And under him, we've seen 25 percent of the value of the dollar, disappear.

Meanwhile, during COVID, the investment bankers, and the Wall Street bankers. Had their best year ever in 2020.

And we hit 7 percent inflation. During COVID.

Thanks to the fed.

They are -- and then let me just tell you about Jerome Powell's background. Because it's indicative of the kind of people that worked there.

He started out as an attorney, and he went into investment banking. Then he went to Treasury. Then he left Treasury. And went into banking.

And investment banking. And it was Barack Obama who put him on the federal Board of Governors.

And then it was Trump who elevated him to chairman, and then it was Biden who renominated him.

This guy is the Uniparty person, who makes the investment bankers rich and everybody else poor in this country.

GLENN: But it's also -- people need to understand, the president can't just nominate anybody, or appoint anybody.

The -- the Federal Reserve -- so all of the -- what is it, seven or eight banks?

The biggest banks. We are not even allowed to know who they are, which is incredibly un-American and leads to all kinds of corruption. They get together, and they say to the president. Here are a few names, that we'll accept. You pick from one of them. Right?
THOMAS: Right. And then when that guy takes the job, who do you think he goes out to have dinner with every night?

I mean, there's this argument that we want our monetary policy to be independent of Congress or the executive branch. But it's a falsehood, that it's independent right now. It's not independent at all.

I mean, Jerome Powell lobbies Congress and the White House to engage in more fiscal stimulus. And then they're working.

I mean, when the Treasury gets their debt monetized by the fed. You think that's an independent thing?

No. That's a carefully orchestrated dance. That's what they've done recently. There's three ways you can get money for the government to spend.

You can either tax the people and get money back. Or you can borrow the money. Or you can just create it out of thin air.

And what they did during COVID, is they created trillions of dollars out of thin air.

And this is -- Congress is to blame as well. Congress spent those trillions of dollars. It's the fed that enabled it. And it's the fed that pulls it off.

GLENN: And it's also the fed.

This is what kills me. You know, they said that, you know, in 2008, these banks were too big to fail. And we have to stop that.

And everything Congress did made these banks stronger and bigger, and hurt the small banks that are not part of the Federal Reserve system, so to speak.

They're not on -- you know, they're not one of the owners of the fed. And it seems to me, Thomas, that every time something is done, the American people are the ones that lose, and the banks get the money. They get richer. And in the end, it's going to be those, however.

What is it? Five or six or eight banks, that make up the fed. Do you know?

THOMAS: I don't know the number.

GLENN: We don't even know the number.

So whatever the number is, those guys are going to be the ones that are currently holding our debt.

Now, as I understand it, whoever holds debt, you have to pay that debt. And I have had bankers tell me. Glenn, we don't have to worry about the debt.

Do you know what just our national parks are worth?

And so we will pay whatever it is they want, we'll have to give that to the banks.

Which will mean, it's a transfer of wealth from the people, to these big banks. It's just obscene.

THOMAS: Yeah. And they have no intention of selling the national parks, by the way. They are just going to take it out of our (inaudible), that's what they're going to do.

And, listen, to your first point there. The fed acts like they're the firefighters, but they are the arsonists.

GLENN: Yes, they are.

THOMAS: They kept rates low. They had easy money for banks to get.

For so long. That the banks, you know, they just assumed it was always going to be that way. You had a few that failed. They came in.

And, well, they failed because the fed then came in. Which whiplashed and raised rates, quicker than they ever raised them before.

And the banks were kind of in this one model. Then the fed comes and does triage on them.

The fed starts out as the arsonist. Then they come in and too the fire fighting by raising rates. Then they come in and bail out the couple of banks last year.

So they are causing the problems that they come in and allegedly solve. But I think we're almost to a point now, where they're running out of levers, where the rubber bands that attach their levers to our macro economy are stretched as far as they are stretched.

Because right now, they're not really in control of interest rates. They might like to think they can lower the interest rate to stimulate the economy again. But the problem is. When they recently put treasuries out for auction. The sovereign funds. In the other countries that oftentimes buy our debt. Said, you know what, that four and a half percent. I don't think that's a good bargain.

I'm not going to buy those. I need a higher interest rate.

GLENN: Would you honestly.

If you had -- you were in charge of a bank. Or you were making loans as a private individual. And you had somebody who came in and ran their life, the way our Congress runs our country, what kind of interest rate would you demand from them, that you would think it's worth taking the risk for that?

THOMAS: Yeah.

GLENN: I mean, it would be easy. Easy in the double digits. And most likely in the mid-double digits for me.

THOMAS: Yeah. And the other thing is then, we try to inflate our debt down.

In other words, we devalue our currency.

So it changes the impact, of let's say the nominal price of our debt in gold, if you can find some outside reforms.

So the Treasury kind of likes inflation. It kills the little guy. It's -- the big guys don't care. Because like we saw during COVID. They just reprice everything on Wall Street. Then the other assets, the fed will prop up by buying them. So they make sure the rich people can survive during inflation.

The poor people can't. Or even the middle class can't. Because you don't have these sort of financial instruments that everybody else has. That the fed takes care of.

And so it -- then the fed is -- when they cause inflation. They solve a little bit of the debt problem.

But the problem is: We're getting to a point, where it's not going to work anymore.

For a while, we had inflation, that was greater than the interest rate, that we were paying on the debt.

So you can see actually -- people will take your debt at those low interest rates, and inflation is that high. You should probably take on more debt. I hate to say it.

They're wising up in the world.

Now, here is something else that happens.

The US dollar is the world currency.

We've mucked with it. But not so much that people don't want it yet.

GLENN: Yet. Yet.

THOMAS: And when you want to. Everybody likes to do their transactions in dollars. But to do a transaction in dollars, you have to hold dollars. So the whole world is holding dollars.

So when we devalue the dollar. We're not just taxing our own people.

We're taxing the entire world. We're kind of like the credit card gets 3 percent of all the transaction at the gas station. We get that 3 percent if we create 3 percent more money every year. Which we typically do. But the rest of the world is getting tired of being used that way. They're tired of our transaction fees. I.e. inflation.

And when they start using alternate forms of money to do their transactions. Or holding different assets in their own sovereign wealth funds. Then we're not going to be able to do that trick, on anybody, except for US citizens.

GLENN: You know --

THOMAS: Again, this is all coming to a head.

GLENN: Thomas, I said this a while back.

Probably 15 years ago.

When this actually happens. We are going to be labeled. Because no politician, in any other country, is going to take responsibility for their own fiscal madness.

Everybody is going to blame it on the United States.

Because we were greedy. Grotesque. And took on so much debt.

That we devalued the dollar. And it's going to affect the entire world.

And, you know, I relayed it. And I know it's for different reasons in some way.

But I look at the way Germany looked at France. At the end of World War I and the beginning of World War II. Is I think the way the rest of the world is going to look at us. We forced. We didn't. France forced Germany into just devastation.

Where they had to inflate their dollar. I mean, it was horrible. We -- the damage that we are going to do, by destroying our dollar.

I don't think we're going to be very popular in the world.

THOMAS: No. And somebody says, okay. If you get -- they've been asking me, what if you get rid of the fed? What do you replace it with?

That's like saying, if you take out a tumor, what do you replace the tumor with?

Then the serious answer is we go back to stable currency.

The government can't manipulate.

You would -- I would prefer to have a gold standard ready.

GLENN: Me too. So I have been told. This is what a serious, serious banker at the fed level has said to me.

Glenn, the reason why we had to get rid of the gold standard. Is at first, we wanted the great society and the Vietnam War. Couldn't afford it.

But there's not enough gold to build and live at the level the world lives, right now.

It -- we had to play funny money. And everybody is in on it. We can't go to a gold standard. Because there's just not enough gold.

Do you buy that?

THOMAS: Well, there's enough gold to do honest transactions.

But you're right. There's not enough gold to do the funny money and to fund all of these wars, for instance. That we've engaged in.

You know, typically, when the government tries to leave some kind of standard that they've been on.

It's because they have to finance a war. And nobody wants to consume enough of their debt to finance the war. So they go off the standard.

Yeah. You can't monetize your own debt. Once you get into that model.

You can't create the funny money. It's real money.

It's hard money. And that's what we should go back to.

And we shouldn't replace the fed with anything. It's Keynesian economics. The whole premise, I know a lot of Republicans may disagree with me. And they may think we need a federal reserve bank.

And that we need to control inflation. But that's the whole notion of Keynesian economics.

That you could create prosperity by tweaking the -- the interest rates and the money supply. And that the free market doesn't have enough signals and feedback. Doesn't react quickly enough. That you can have some experts in an ivory tower.

That need to be turning off to make our lives better. The reality is, the people in the ivory tower, they're investment bankers. They came from investment banking. They're going back to investment banking. They still got ties to it.

And they're tweaking it enough to help their buddies and to keep this going, until the music stops. Which is --

GLENN: So you have introduced HR24 as well, which is the Federal Reserve Transparency Act, to audit the federal reserve. And the act to abolish it. You have a lot of cosponsors. Any chance that this even gets passed, our own House Speaker?

THOMAS: Well, probably not this speaker. But we've got -- not under this Speaker, but under previous Speakers, we have passed Audit the Fed in the House. They've never brought it up in the Senate, or not passed it in the Senate. But yet, people like Bernie Sanders, who sponsored Audit the Fed when he was in the House, then he gets to the Senate and he won't even sponsor it.

But we've got to end it. So we have enough cosponsors. And enough votes to pass audit the fed. It hasn't happened in this Congress. It should happen in this Congress. But, by the way, if it were really part of the government. You could do a FOIA on it. But try FOIA-ing the federal reserve.

GLENN: You can't. You can't.

Thomas, quickly, how can people help?

THOMAS: Yeah.

So the HR number is 8421 for ending the Federal Reserve. We have 22 cosponsors right now. We need more cosponsors. Ask your congressmen to cosponsor end the fed. HR8421.

GLENN: Thomas, thank you very much.

5 GAME CHANGING moves Trump could make in his second presidential term
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5 GAME CHANGING moves Trump could make in his second presidential term

Glenn and Stu discuss what they’re most excited to see in a second Trump term. Will Trump have BOTH the House and Senate so he doesn’t have to rely on executive orders? Will Elon Musk be able to clean out the bureaucracy? Can Trump lower the income tax or abolish the 16th Amendment altogether? Will his tariff plan work? Will he be able to reduce the government’s spending? Will we finally see term limits for members of Congress?

Transcript

Below is a rush transcript that may contain errors

GLENN: So, Stu, are you -- are you almost giddy at what is possibly coming?

STU: Yeah!

I think I'm really -- I'm excited. I was trying to think of what I'm most excited about. Because there's a good chance the Republicans get the House.

And, by the way, this is going to be close.

GLENN: Don't toy with my feelings here, Stu.

STU: Yeah. I was interested. Because there's so -- I think this is the right thing to feel.

But there's very little panic over the house. I think the Republicans will get it. But if you think about like, the shenanigans that have better than been worried about over the years.

GLENN: I don't know if it was shenanigans.

STU: Yeah. I was going to go a different direction.

The shenanigans that we have been worried about over the years. It would be a heck of a lot easier to steal this election. Than anything else that you could possibly imagine.

We will be completely dependent on California districts that take two weeks to count. That is legitimately what the House comes down to.

The fact that we're not freaked out about that. Is good.

Maybe that means, at the end of the day, whatever problems we have had before, have been solved.

At the end of the day, we are looking at a very close, 220, maybe 221, if we're lucky, in the House.

It will be in that general vicinity. Markets say, it's a 93 percent chance that Republicans will get the House. Not 100.

So that's still out there.

But if you are able to get that. I was thinking, what does that mean?

You will have 53 senators, at least. McCormick, by the way, even though some places haven't called that race. McCormick will get that race in Pennsylvania.

You still have two possibilities. Kari Lake in Arizona and Sam Brown in Nevada, that are possible.

I would say probably less than 50 percent on those. But 53 isn't 50 or 51. So you've got a little bit of a cushion there.

The more cushion you have --

GLENN: You just have enough for Murkowski and Collins.

STU: Right. And Collins. You at least you have that going for you, which is nice.

GLENN: Yeah.

STU: And the more cushion you have, the better bill you can get out of let's say reconciliation, to keep it nerdy as possible.

You will get one bill, basically, that is going to give you, that will pass with 50 votes.

This is how Donald Trump passed the tax break package. He passed back in his first term. And we may very well get a good tax break package.

It may be really good, you know, maybe he gets even more aggressive. Because, remember, that was sort of an off-the-shelf government proposal, largely, that they passed in 2017. So maybe we'll get something even better.

But honestly, I was thinking about. That's not what I'm most excited about. I think what I might be most excited about is the prospect of Elon Musk coming in and identifying places to come.

GLENN: Oh. Me too.

STU: Like, there's something about that. Because that is really his -- all of his brilliance.

We all know the guy is a genius.

GLENN: Yeah.

STU: But of all his brilliance, that is what you take most away from what he was able to bring to all of the companies.

Sometimes, it's even presented as soulless and heartless. Right?

He just comes in, and he has no care. We don't need --

GLENN: Hang on just a second. It's a company.

STU: Yeah.

GLENN: I mean, it's not a charity. It's a company.

STU: Agreed.

GLENN: And look at how many people this heartless bastard cut from Twitter.

Well, it's doing better than it ever has. You know, you might have your complaints here or there. But I believe X saved the republic.

I wonder if it wasn't for Elon Musk, buying Twitter. If we would have won.

STU: I think that's very true.

I think remember, when you say it's doing better than it ever has done. You can definitely look at financial measures that do not agree with that comment. However, that's not what his goal was.

What was his goal? His goal was to allow people to speak freely?

And it was an expensive genre, into that world.

I mean, you know, but it was worth it, I think. And it was something -- he was protecting the First Amendment. And I didn't mean to say it in a negative way. When I said heartless and soulless, that was how it was portrayed by many.

GLENN: That's how it was spun many times.

STU: Yeah. And there are plenty stories of him being tough on employees. Maybe too tough on certain employees.

But that attitude, 100 percent is necessary in the federal government.

Whatever he thought was waste, at Tesla, or SpaceX, or Twitter, is nothing compared to the burden we all carry with incompetent employees and complete waste. And nonsensical programs, that accomplish nothing.

We all carry that burden.

And if Donald Trump empowers him, and he wants to take this on, as they talked about in the campaign. I feel like, it's one of those things we could actually see a real difference made.

Not just a little, hey, we should get 4 percent off of this rate, which I will cheer on.

I will be happy with tax rates going down.

But like, that's something I think that could really change the country in a positive direction.

GLENN: So I want you to bring your best hat, your best thinking cap on Monday.

Because I scheduled a -- an economist, who said, the way that Donald Trump is thinking about -- thinking about tariffs, would mean an 18 thousand dollar raise for everybody.

And could actually work to pay our -- to pay our -- you know, our bills every month. And now, I don't know.

I haven't heard the full argument. But I just want to hear it. Because if we can cut back our spending, so it's fairly reasonable.

And we're still, you know, providing a safety net and everything else.

I am very interested in rebuilding our industries. Rebuilding our factories. And -- and actually motivating people, to go to work.

And -- and learn a real skill, and start making things here in America. And having pride in that.

STU: Yeah, for sure.

GLENN: And I think, for the first time, I think if I can -- if I can get somebody to tell me all of the metrics and the numbers. Because I -- you know, the numbers have to. They have to work out.

But that to me, is thrilling.

Even if you went to a 5 percent income tax. I would rather abolish it.

But if you did something track. You imagine the money that would open up. That could be invested in job creation.

New businesses. Can you imagine what would happen in a country, where we didn't have income tax?

STU: I -- look, the -- there is a three-pronged approach, right?

That he's talked about. One is raising tariffs. One is -- as you mentioned, getting rid of the income tax.

And a third would be cutting the government down level to levels. You know, roughly, you of course adjust for inflation, and you adjust for population growth and all these things.

But roughly to the 1800s. As he talked about 1880s.

GLENN: Or 1920s. Calvin Coolidge did this.

STU: Calvin Coolidge did this as well. He was more friendly to tariffs.

Even though, it's not my favorite policy. But he's one of my favorite presidents.

GLENN: Yeah.

STU: But, you know, those three things are, if you could do all three of those together. It adjusts the country in a way that is so dramatic.

It would probably be do a lot of really positive things.

GLENN: Yeah. Like 5 percent growth.

Like 5 percent growth a year.

That's -- that puts us into the -- when China was doing well kind of growth.

STU: And I think we can get locked into the sort of fantasy league here.

GLENN: I like to.

I've been doomsday for a long time.

STU: Hey. This is the right time to do it. He just won. What can we do here?

The issue with these policies together is one of them is really easy to do, which is raise tariffs. Donald Trump can do that just on his own.
The other two are nearly impossible.

I mean, get over -- and I'm not -- I have literally sold mugs at StuDoesMerch.com. That's a repeal the 16th Amendment. So 100 percent, this should be our goal.

But you're right. Like there might be a modified version of this that makes sense. If you can control spending, if you can cut some, and you can lower the income tax, a great deal, and replace some of that income with tariffs.

I don't think that that would be the type of situation, that would be horrible.

I don't -- I mean, we do forget at times, we are the second largest manufacturing country in the world.

We do make a lot of things here.

GLENN: I know. I do.

STU: And a lot of times, those measures I think are a little bit out of whack. That being said, I'm happy to trade.

I'll trade getting rid of the income tax for a lot.

There's a lot of stuff I'm willing to deal with on the policy front, if we could get a win like that. And why not go for it?

Why not?

GLENN: I know.

I mean, he's the guy who could do it.

Donald Trump is the guy who could do it.

He could get that constitutional amendment passed on the -- the term limits, on Congress. I think he could get that passed.

If he backed it, he could get it passed.

If he wanted to repeal the 16th amendment, with another constitutional amendment, and he really laid it out.

Here's what this would mean for you. I -- think the numbers are so staggering, that who wouldn't be for that?

STU: Well, certainly. Constitutional amendments are difficult.

Because you need the other side involved in them.

That makes them -- I mean, there are other approaches.

But you know how hard it is. It's hard. We've done it 27 times, in a couple hundred years. And most of them are at the beginning.

It's really hard to do. And it should be hard to do, by the way. That's a change that I would absolutely love.

Term limits are one. Term limits, I would say, are arguably more interesting, from a pragmatic doable circumstance.

This is a really popular policy.

People can't stand the fact that Nancy Pelosi just won her 20th term in Congress.

20 terms in Congress. People don't like that. They don't like it on Republicans or Democrats. You're talking about 80 percent approval numbers for a proposal like that. And I think Trump also looks at it and says, you know what, good chance, you know what, if I ran again, I would win.

I'm limited. Why aren't you? I think he looks at that as a general idea of fairness, why is the president limited for -- to two terms, when they are -- when senators get to go for two -- multiple six-year terms. Congressmen can go forever, with two-year terms.

Why not make it so there are limits across-the-board?

GLENN: Wouldn't it be amazing if the last time they put term limits on was through Congress. Because they saw how out of control FDR was.

And it was the Democrats that led that, and thought, we can't. We can't have that. We can't that have.

And now, to come back after Congress has done nothing. And our government is -- is out of control. Like it was at the beginning of FDR, and through Woodrow Wilson.

To have now the president come back and say, all right. Let's finish that job.

STU: Yeah.

GLENN: The progressives always take people's breath away. They always go too far. And they hit a point to where you're like, oh, my gosh.

That is like, oh, what are we doing here? And they've done it again.

STU: You notice that, when you see people with bulging in their swimming suits winning gold medals.

GLENN: Yeah. For the women's.

STU: For the women's swimming events. Yeah, no. I mean, I think that's true.

You can get something like term limits.

I think there's very, very limited opposition to Donald Trump, for what he makes a priority from the Republicans. So when you're talking about laws, you're not going to get much pushback from Republicans on this stuff. I think, you know, when you get into constitutional amendments, it becomes much more difficult.

But it's all a matter of what Donald Trump prioritizes. If you remember 2016 and 2017, he also ran on a proposal to -- to do term limits.

He just never made it a huge priority.

He would mention it in speeches. This time, I think he's serious about it. In his first -- that speech we played earlier. The first ten things he wants to do.

GLENN: If you haven't heard it. Oh, it's so great.

Will Trump’s 10-point plan to DISMANTLE the Deep State work?
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Will Trump’s 10-point plan to DISMANTLE the Deep State work?

Donald Trump has released a 10-point plan to dismantle the Deep State during his second presidential term and Glenn can’t see how anyone can be against it. Glenn reviews the plan and how it should unite America. Glenn and Stu also discuss some possible moves Trump should make to troll the media and the Left …

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me go to Trump, announcing his ten-step plan to dismantle the Deep State. Listen to this. If you haven't heard it, you will love this.

DONALD: Here's my plan to dismantle the Deep State and reclaim our democracy from Washington corruption, once and for all. And corruption it is. First, I will immediately reissue my 2020 executive order restoring the president's authority to remove rogue bureaucrats. And I will wield that power very aggressively. Second, we will clean out all the corrupt actors in our national security and intelligence apparatus. And there are plenty of them.

The departments and agencies, that have been weaponized will be completely overhauled, so that faceless bureaucrats will never again be able to target and persecute conservatives, Christians, or the left's political enemies, which they're doing now at a level that nobody can believe even possible.

Third, we will totally reform FISA courts, which are so corrupt, that the judges seemingly do not care whether they are lied to in warrant applications. So many judges have seen so many applications, that they know were wrong, or at least they must have known. They do nothing about it. They're lied to.

Fourth, to expose the hoaxes and abuses of power, that have been tearing our country apart. We will establish a truth and reconciliation commission, to declassify and publish all documents on Deep State spying, censorship, and corruption. And there are plenty of them.

Fifth, we will launch a major crackdown government leakers who collude with the fake news to deliberately weave false narratives and to subvert our government and our democracy.

When possible, we will press criminal charges.

Sixth, we will make every inspector general's office independent and physically separated from the departments they oversee, so that they do not become the protectors of the Deep State.

Seventh, I will ask Congress to establish an independent auditing system to continually monitor our intelligence agencies, to ensure, they are not spying on our citizens, or running disinformation campaigns against the American people. Or that they're not spying on someone's campaign, like they spied on my campaign.

Eighth, we will continue the effort, launched by the Trump administration, to move parts of the sprawling federal bureaucracy, to new locations, outside the Washington swamp.

Just as I moved the Bureau of Land Management to Colorado, as many as 100 thousand government positions, could be moved out. And I mean, immediately, of Washington, to places filled with patriots, who love America. And they really do love America.

Ninth, I will work to ban federal bureaucrats from taking jobs, at the companies they deal with.

That they regulate. So they deal with these companies. Or they regulate these companies. Then they want to take jobs from these companies.

Doesn't work that way. Such a public display, cannot go on. And it's taking place all the time, like with Big Pharma. Finally, I will push a constitutional amendment, to oppose term limits on members of Congress. This is how I will shatter the Deep State, and restore a government that is controlled by the people and for the people. Thank you very much.

GLENN: I just -- now, tell me, what is -- what is possibly objectionable about that? Everybody wants term limits. And he's going for a constitutional amendment.

Everybody wants it, except for the people in Congress. He wants to ban the bureaucrats, from going into the businesses that they regulate after they leave government.

That's absolutely fantastic. That stops all of this graft and all of this corruption. But Democrats have been asking for that, for forever.

Moving government, breaking it up, and moving it to different parts of the country. I think that's smart just for Homeland Security. I just hope they don't poison the places where they're moving them to.

Independent monitoring of the intelligence agency. So they're not spying on Americans.

How could you possibly, as a Democrat, how could you possibly be against that?

They're not spying on us. And there's no disinformation campaigns, which we know happened. The inspector general's office of each thing that they monitor, being independent from those -- from those institutions.

So if I am monitoring, and I'm the inspector general, of the Pentagon, I'm not part of the Pentagon. So I can't be shut down. That is fantastic.

How could you be possibly against that.

This one is a little -- we have to look at the wording. Government leakers. He will fire any government leakers, and prosecute where possible. If they are trying to subvert the government or working in collusion, to give false narratives to the press. Okay?

I think I'm for that one. But I want to make sure that leakers and whistle-blowers are protected.

The FISA courts, Stu. How could you possibly be against that, if you're a Democrat?

And the Justice Department. Clean up the Justice Department. What was the other one? Oh, going for the truth and reconciliation.

That's a document dump. Who is against document dumps? I would like to know exactly what the truth is on all of these things.

I want to know. I think this is uniting. Now, the press will make this into a horrible dictatorial stuff. But it's not. Practice have if -- if the Biden administration would have done this, I would have been for all of these.

Now, what is the problem with them, Stu?

STU: Yeah. I mean, I think if you go through all those proposals, probably the worst thing you can say about them, is that several of them are sort of just not particularly interesting to the average person. Like, I think a lot of people don't even know what a FISA court is. Like, when you're talking about it from that perspective, they might be good policies. But they're not going to be exciting.

And they range from that, to the most popular proposals in our public discourse. Immure talking about things like term limits.

Which you talk about 80 percent popularity, around a proposal like that.

And the only thing stopping it is Congress. They've been, you know, doing this forever. Because they're protecting their own gigs.

Now, I will say, I am going to be very, very entertained when part of this proposal, he floats to taunt the media, a third presidential term. That's going to be fun.

And I can't wait until he does it. Because you know he will do it.

If senators get 12 years, why wouldn't a president. Your favorite president. Why wouldn't he get 12 years?

That's coming.

GLENN: I want him to float the idea of packing the court. I want him to do that, just so badly. Because everybody would be like, that's -- you can't do -- that's ridiculous.

He's going to control the court forever that way. That's unconstitutional. I would love him to just float it for about a week. And then say, huh. Thank you for all of those sound bites. We will use them against you, if you ever get in power and try for pack the court. Because you clearly know why this is wrong.

STU: Yeah. Honestly, I would -- I'm sorry -- I love that approach.

I think he comes out. He says, I'm going to start studying those proposals made by the left, during the last couple of years, as some of them sound interesting. Let them all get excited.

Then come back. Pull the rug out from underneath it. Then propose something that locks it at nine, forever.

Seriously. This is ridiculous. Let's just set it at 9:00. And then be done with it.

This shouldn't be something that is even talked about. It is a ridiculous manipulation of power.

We've seen the left try to do it hundred times. Let's get rid of that one forever.

You are going to have it, go through a constitutional process. Check that one in there too.

GLENN: So friends of mine sent me a text message, between two friends, that just came in.

And I really -- this -- this is mental illness. It really is mental illness. Listen to -- listen to this exchange via text. Okay?

Did you all vote Republican?

Just trying to figure out who to trust.

We voted both ways. We're Libertarians.

Okay. This is the response.

We voted both ways, we're Libertarians.

Sorry. If you feel our choices in this election is needed to end the friendship.

I feel like we've trusted one another throughout the years. Unfortunately, no one is perfect, in either way that you choose.

I hope you can still feel comfortable, reaching out to us. If you ever need anything.

And still be friends.

Now, this is a long-term friendship.

Men are hurting us!

They're laughing gleefully at our pain.

If you voted Republican, that's all because you're okay with that.

Men are hurting us. Could you be more specific? Men are hurting us. Could you also show us where the men are that are laughing in your face? They are holding up signs saying women are property. Could you help me out with that one. Could you show me a picture of those signs?

STU: That one, I did see a real estate listing, that did list women as property. So that is happening.

GLENN: Okay. So it's a real decision --

STU: Online.

GLENN: Okay. All right.

Are your daughters property? Well, they are now.

STU: Huh.

GLENN: What?

Now, this person responds in a way that I wouldn't have. I would have saved this one for later. Because I have too many questions on what she just said. She said, are you all going to sell the Tesla now? Isn't that supporting Musk and the Republican Party. Then the friend responded. I saw your Ted Cruz sign.

He wants my child dead.

STU: That was a weird part of his campaign. The whole, I want your child dead, vote for me, instead of Allred chanting.

But it worked. He won.

GLENN: Right. And then she responded the Tesla thing. No. We bought it used. And there's no way to escape capitalism right now.

But you chose this. You chose to make women property.

Well, I'm sure I'm sorry that you feel like you have to you be friend us. There were good things on both sides. If you hate us, then you really never knew us.

I hope you get everything you voted for.

I hope it all affects you personally.

Me too, actually.

I hope it affects you too, because it will be good.

You hate me and my child if you voted for people who openly called for our deaths. Who called for your deaths?

Please, give me. Before you break up a long-term friendship, can you please just give me the original source, of people calling for your deaths.

Now, I'm sure there are people online, that have said, really crazy things.

Because honestly, let's go up about four paragraphs, and what you just sent. You say really crazy things, too.

So let's just deal with who said that, when it was said, what the context was. Because I've never heard that before. So now, we all know. I already knew, but I hope you were able to see what was happening because you're not stupid.

Please, forget we exist.

I beg you not to talk to anyone about my son, who is disabled.

We're first on the chopping block.

Now, apparently, the son is trans, and disabled. Well, you know what, I think there are rules at Auschwitz. Yeah. He would be first. Oh, we don't live in Nazi Germany, do we?

Please forget we exist, and don't turn us in. Wow. You are 100 percent, I guess we voted wrong. Sarcasm in the face of my pain?

What pain? What pain?

Your pain is being caused because you believe lies. If you actually think that Donald Trump wants your trans handicapped child dead, you have no idea. You are so far out of reality.

I hope you have a lovely day. God bless you and your family. Typically.

I'm kidding. Please don't hurt us. We don't exist. You don't know us.

You're so compassionate with your name-calling, and if you believe that, stop texting us. What name did I call you

I will stop. But I didn't call you any names. I did not. I truly hope that you would see the light, because the Cruz sign didn't come back. I thought you would care that women are dying.

Again, give me a fact. Show me an original source.

Where are women dying?

We are now literally property of men.

You say literally, show me the source on that.

My mistake.

You said we were stupid with, for who we voted for.

No. I said you were not stupid. Which means you did it with purpose.

Oh, so I'm not stupid. I'm just evil, voting knowingly for your child to be killed?

May your daughters bleed out in the hospital parking lot now. I hope you have the good sense to be lesbians or childless cat ladies.

Again, as I said, you're 100 percent right. Maybe four more years, we can be friends. L-O-L.

Women are property now.

What the hell is wrong with people?

RADIO

Stock market SKYROCKETS after Trump’s win, but will tariffs keep it rising?

The U.S. stock market had incredible gains after Donald Trump was declared the president-elect. Is this as good of a sign as it looks for small and medium-sized businesses? Financial expert Carol Roth joins Glenn to explain. She also gives her take on whether Trump can stop the World Economic Forum’s plans for transforming the West and why she isn’t confident that Trump’s tariff plan could replace the Income Tax. But she has another solution that might be better …

Transcript

Below is a rush transcript that may contain errors

GLENN: Welcome to the Glenn Beck Program. We're glad you're here. So it's very exciting. I'm just writing my dear Santa Trump list. Take care of the border justice reform. Elon cuts.

MAHA tax cuts. I'll take a 15 percent corporate. But can we start with zero with tariffs?

Deep cuts in regulations. The Department of Ed, close it down.

Pentagon.

Stop the madness. That's all I've got so far.

But I'm going to -- it's going to be a long list. I will send this to Trump.

Do you have any suggestions? I would love to hear it.

One of the things I know he is going to do is -- is probably give, you know, the -- a great gift to anybody who has Bitcoin. Or anybody who is in the Bitcoin industry.

Because I -- he has said, he's against the Fed coin and he in his administration, will stop that from ever becoming a reality. I hope he can pull that one off.

But gold is up, still. It's down, what? Thirty dollars from Election Day.

But it's still doing well. I think 2700. Just coming off of all-time high. Yesterday, all-time high for Bitcoin. That's come down just a little bit.

But the economy could roar. And we have Carol Roth with us. Now.

Hi, Carol.

CAROL: Hi, Glenn. We promised people that we would get together, and would have something good to talk about at some point in time. So we manifested this discussion. And we have optimism.

And I think actually my most exciting point is the optimism. It could be four and a half years, since we've had real optimism in this country, from the time of the COVID mess through the Biden/Harris administration.

And sentiment is such a self-fulfilling prophecy, you know, particularly for the economy, but in all aspects of life. So the fact that it at that we have this huge sense of relief, has lifted off our shoulders -- not to say that there is an easy road ahead, but just to have the optimism, that, yes. We can go out and do this. Such a blessed, blessed day and week.

GLENN: Amen, on that.

So the stock market. You sent me, oh, something maybe 6 o'clock on Tuesday night. And you said, Glenn, stock market is up 200 points. That bodes well for Trump. And then it just kept going up.

You know, the after hours stock market just kept going up all throughout the night.

And it's doing well. They didn't usually they will bake in, what they think is coming.

They really thought a Kamala administration was coming. Didn't they?

CAROL: No. They actually had baked in a Trump win. So that's why this was so staggering.

I think what they didn't have baked in, is what a resounding mandate that he would have. That the Senate, the fact that he would win the popular vote. Obviously, we're still waiting.

Hopefully, the House. The fact that this is the country saying, we want this mandate.

And CNBC said this morning, that we are on track for the best week in the stock market in a year.

And what is most exciting about what's happened in the market is that it has been a very broad race.

You know, we've been through a time over the past several of years, where just a handful of tech companies, yeah, they're the ones that have been lifting the market.

The Russell 2000, which is the smaller cap, publicly traded companies. They were up 5 percent the day after the election. 5 percent in one day. Which means small companies and medium-sized companies think they will get access to capital, and have the optimism to grow their business.

And we know we need that broad-based growth. Not just a handful of companies. So that is one of my really big takeaways.

GLENN: I mean, if I were somebody that wanted to start my own business, I would be planning on it right now.

I mean, I -- I -- I think America has a chance to have another golden era here.

And, you know, maybe they put a stop to it, in four years.

But if it is -- if he can turn this around, quickly.

And actually make the kinds of moves that he's talking about.

Massive fundamental change in the -- just the garbage of the bureaucracy.

That could -- that could affect us for a very long time.

And you could also see with that kind of success, 12 years.

Not just him. But then two -- two terms of J.D. Vance.

CAROL: Absolutely.

And I think for small businesses, in particular, the people who are looking to start them, or grow an existing business. There were three key areas, that the Biden/Harris administration really tamped down on that, sort of optimism from the back bone of the economy.

The first one being the ability to work for flexibly.

You know, the Trump administration had put this very pro-independent contractor. Pro gig work framework in place.

And they reversed that in its entirety. So the fact that that goes away, is huge.

From a regulatory standpoint. 1.7 trillion dollars in regulatory burden, is the estimate of the Biden/Harris administration. On small business loan.

Small businesses don't have time for this.

And they don't have the staff or the money for this.

So on the fact that we know, that we will get more of that regulation cleaned out, is absolutely huge.

And then the tax uncertainty. You know, the tax cuts and jobs act is set to expire next year in large part.

And the fact that we know Trump is going to be, you know, more open, to, you know, extending some of those cuts.

And maybe even further cutting and hopefully, helping small businesses have that certainty. Because, again, you can't make those investments if you're not sure what will happen.

Plus, we know we will not get the crazy capital gains taxes. And wealth taxes. And all the other things that are proposed. So this is really a three-legged stool. That will help to unleash growth.

And it is such a blessing.

GLENN: So let's go over some of the things that he has to do.

He obviously has to fix the border.

And deport people. I can't take it anymore. Just deportation in US history. Well, I never -- I didn't even know that the largest deportation happened under Bill Clinton.

With 11 million people deported from our country.

11 million.

Nobody said anything about that. Our population is bigger. And what is he talking about?

Maybe ten to 15 million?

Maybe 20!

The -- this is ridiculous, that everybody is freaking out. When Bill Clinton was the guy who did it the first time.

And it didn't hurt anything.

CAROL: Yeah. I mean, we've had a mass invasion.

And while something like mass deportation may sound just like just a security policy or social policy.

It's obviously very much an economic policy. The estimate from Fare, just in 2023 alone -- forget about this year -- was $150 billion that was spent on these illegals.

And that doesn't include things like what it does to the demoralization, of communities. What it does to keep wages suppressed.

And people on the sidelines.

Back in 2022.

GLENN: And services.

CAROL: Yeah. The 2022 -- the number of illegals in the workforce was 8.3 million. You could imagine that that's up at least 50 percent, if not more.

So those are jobs that are having artificially suppressed wages and being taken away and demoralizing, you know, working age individuals. Particularly men, from getting into the workforce.

So this is a huge pharmaceutical issue for us.

And whatever the cost is, to get them out of the country, will be worth. Because the return on investment for doing that, in all facets will far exceed it.

It absolutely has to be the first thing that he does.

GLENN: We know that he's also going to.

One of the first things he's going to do on the first day is restore our energy policy. Drill, baby, drill. And open all of that stuff up again, thank God.

The -- the ESG -- I just got a note from somebody that said be with one investment bank is advising ESG fund managers to keep their lawyers very close.

Anti-trust risk remains high for asset managers. And ESG. There haven't been any cases yet.

Thus, there's no legal precedent. Further, legal risks regarding fiduciary duty, in order to stay relevant, is states enforce antistate ESG laws.

ESG, do you see the -- the stake going through its heart?

CAROL: I mean, we certainly hope so.

The challenge with something like ESG. They always repackage it.

And it always comes back to life to something else.

It's like the vampire who shape shifts into something different.

So my guess is, that ESG goes away, and then they come back, and they can come up with something else. And now it has a new name.

So it's a bit of a whack-a-mole. We will have to continue to be on it. But I absolutely think, there is going to be -- there's already a huge push to get away from it.

In part, because everybody has seen these promises. Oh, ESG will do wonderful things for investments.

That hasn't materialized. And it really has been this green washing.

I feel like, it's already on that trend.

It could be the final nail in the vampire's coffin, until he rises again.

GLENN: So the cop 25 is coming up.

And the last time he attended. I don't know if he attended. He might have just said a note, we're out. Of the Paris accords. And everything else.

That too, is going to shake the global community.

And -- and really put -- I mean, it could take it down.

If he's really strong on this World Economic Forum garbage that has been shoveled. If he's really strong on that, he could put the stake in its heart.

CAROL: You get the right government efficiency commission, and we should be out of everything. We should stop funding the WEF. We should stop funding the UN.

We should stop funding all of this insanity.

And take that money and make that available to pay down our debt. To shrink our deficits. And to stop with these NGOs who are getting massive funding from us, and then coming in and trying to ruin our lives. When you add to your list, to Trump Santa, please include getting rid of all of the funding to these ridiculous organizations.

GLENN: Yeah. Well, I think that goes under the border thing.

Because that's where we've really enriched these NGOs here in the country.

I mean, some of them should go to jail.

They brought these people in, over the border.

With our tax money. They flew them around the country.

With our tax money.

I mean, I think there should be at least an investigation on that.

CAROL: I'm with you. I second you on that one.

GLENN: When it comes to taxes. What do you think about the idea.

You would need to actually do both of them together.

I'm not a tariff guy.

But if your goal is to rebuild America, and to rebuild our manufacturing. And bring money back on to shore.

And jobs back on to shore.

If you cut. Like he was talking about, no it can tax.

If you cut the income tax. And reimpose stiff tariffs, what happens?

CAROL: So I hate to be the bearer of bad tidings in math here. But math really doesn't work out. Because you have to remember, 70 percent of our economy is service-based.

Even if you boost up manufacturing on a big level, the amount that it would take to replace what we have, in terms of an income tax, it just today is not mathematically possible.

We also have the scenario where we're trying to make sure that the GDP increases.

And that our revenue stays, you know, pretty stable, at the same time. That we're trying to get rid of the additional spending.

And that is going to be a very delicate dance. So I think this is something that needs to be -- should be managed strategically.

GLENN: But could you come up with a flat tax, or a 15 percent tax?

That just makes the economy roar.

CAROL: Sure. Yeah. I absolutely do think that you could do that. And something that is simple, also takes away a lot of the administration, and the burden, that comes along with that. That makes, you know -- just takes away productive time from people.

Spending it on paperwork. Instead of spending it on the economy.

So I do think, there could be something that is streamlined. But, again, the tax code is so insane, that I would imagine that would take some time.

But would completely welcome it. And there are so many entrepreneurial people, who are around Trump, this time around.

You know, the Elon Musk's and the Viveks and what not.

I think this is the time, there's an opportunity to actually get something like this done. And we need that, Glenn. We need to have the growth. Because if we don't have the massive growth, we're not going to be able to shrink the government.

We're not going to be able to shrink massive inflation. So that's the dance that we have.

How Charlie Kirk BEAT THE LEFT at its own election games
RADIO

How Charlie Kirk BEAT THE LEFT at its own election games

Much of the credit for Donald Trump’s 2024 presidential victory should go to Turning Point USA founder and CEO ‪@RealCharlieKirk‬, Glenn says. The Left has dominated get-out-the-vote efforts for years. But in 2024, Charlie Kirk was able to beat them at their own game. Charlie joins Glenn to explain his winning strategy and why he believes Trump would have lost states like Wisconsin if they hadn’t targeted new voters so intensely. Glenn and Charlie also discuss how “this was the election of the podcast.”

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. The first person we have to thank, or the first thing that we have to thank is God.

God worked miracles in this country, this last week.

And we would be remiss and really poor children, if we didn't recognize his hand in this election.

It is incredible, what has happened.

I told you before, I've -- I can find a million ways, this thing flies apart. But there's only one way, we hold it together.

And that's God.

And I think we've all witnessed that. Now, on the human level, one of the guys who I don't think has gotten enough credit yet, but will get all the credit he deserves.

Is Charlie Kirk.

Charlie started something called Turning Point USA. I know you know of it. To have

He is the host and founder of -- the founder and CEO of turning point. Also, the host of the Charlie Kirk show.

But this guy, I don't know what we would have done without you, Charlie.

I mean, you really turned the vote out. Thank you.

CHARLIE: Well, Glenn, first of all, you said it correctly. Glory be to God. We were a couple millimeters to the entire country going to bedlam. You so perfectly said, throughout the entire campaign, I have this -- the spirit of paranoia, are we really going to do this? Are they going to come up another sneak attack? Are they going to do another COVID? And every corner and every turn. So glory be to God. God is not done with this land.

GLENN: That's true.

CHARLIE: And second, I wish I could take credit for this. But it's American people. And I know it sounds cliche and I know it sounds generic. But the American people stood the most intense propaganda political hurricane of American history. There's never been anything like it. It was worse than 2020. It was worse than 2016. Calling us Nazis and fascists. And, you know, saying that Donald Trump was going to -- you know, put people in camps and all that.

The American people weighed their options, despite Kamala Harris spending Donald Trump three to one, and made the right choice.

Look, we played a small role. And we did it in two ways. We said, on this election, we want to try to lose by less with younger voters.

And then we will create the most sophisticated, low propensity, get out the vote, turnout machine in -- in modern political history for the right.

And here was our series of cases.

First, on the get out the vote.

Which is that we believed that there were millions of people that were Trump supporters. That were not Trump voters. The people that would say, yay, Trump! And they would be with them.

But they weren't putting a ballot in the box.

They weren't casting a vote.

We tested the theory of the case.

When I started to go to Trump rallies. And I would ask people, and I would take a lot of selfies with people who are super nice and they love the country. And one out of 30 people, I would say, hey. Are you ready for the vote?

And they would say, oh, yeah. I think so.

I would get this kind of, you know, half answer.

And so I went back to my team. I said, guys, I think there's a lot more in this reservoir than we realize.

And so we compared with the data. With the Trump campaign. Which we were allowed to do, thanks to an FEC ruling back in the spring.

And we said, guys, let's beat the left at their own it became.

Let's engage in early voting. Even though it's a flawed system, in a way that's never been done before.

Because, again, there's actually more days to get low likely voters to go vote. If you have 30 days, you can then get someone who is not as easy to persuade the vote, because then you can get five or six touches on them.

We hired well over 1,000 full-time people into the greatest ground force that's ever done.

We raised tens of millions of dollars. Praise God from our donors. And we pitched them on this thing, saying, hey. The road to the White House will be going through these states.

We know that. We will be the first registered voters build relationships and communities. And then drive a turnout machine over a 30-day period to get Donald Trump across the finished line.

And the states we primarily focused on was Arizona and Wisconsin.

We spent work of course in Pennsylvania, in Georgia, but in really, Arizona, Wisconsin.

And in Wisconsin, I can tell you, that if it wasn't for our effort. Donald Trump would have fallen short.

We chased in excess of over 70,000 low propensity voters in Wisconsin. Donald Trump won by 28,000 votes.

Here in Arizona, as we are speaking, we still have 850,000 votes still to count. We realize it could take at least 90 days to count our ballots here. It's a joke. It's really something else.

GLENN: I know it is. I know it is.

CHARLIE: But by St. Patrick's, we'll find out who won that race in Arizona.

But Kari Lake is down 44,000 votes here in Arizona, and she might -- she might fall 10,000 votes short, or win by ten thousand votes.

But thanks to our effort and the team, we closed an eight-point polling gap for Kari Lake.

And so, look, basically what we did, we took this movement that Donald Trump created, that Donald Trump led, and we added machinery to the movement.

And we were able to successfully turn Trump supporters into Trump voters.

GLENN: You know, Charlie, I've been -- you know, obviously looking at this, forever.

And we've never had a G.O.P. that could get out of its own way.

We've never had one that was competent.

We never had a plan other than, hey. We're just better.

And we -- we lost it. Every time. Because we were either stupid. Or we just couldn't get out of our own way. And get people to the polls.

This time around, I felt real confidence, that the G.O.P. had these issues covered, at the polling places.

That it was going to be secure. That if it wasn't, they had the attorneys, and they had he have been of else out there.

Just like the Democrats do, and we were going to catch the bad guys, if the bad guys showed up.

So we had that confidence. And we also had confidence because of what we were doing. That we were going after the -- the low propensity voter.

That we -- you know, I've said for years. Hey, somebody should get a bus, like they do.

And put people on a bus, and take them to the polls.

Somebody should do this.

CHARLIE: Oh, we did that.

GLENN: I know you did. I know you did. And that made all the difference in the world.

CHARLIE: Well, thank you, Glenn. And let me say one thing. Which, again, our theory of the case was that okay. The RNC would limit some of the shenanigans. Which, by the way, we didn't completely eliminate. Without that, we would have Senator Mike Lee from Wisconsin.

But one of the ways to offset the shenanigans and the tomfoolery, is you outnumber there.

And so you have so many ballots in the volume of the system. That, you know, their midnight drops in Milwaukee are just not going to be sufficient. And it turns out, that that was a correct way of looking at it. And I want to say, one other thing, though. This was very, very difficult work, and your team deserves enormous credit.

Not just the full-time staff. You'll love this, Glenn.

We do this thing called commit 100.

Where we say, hey, if you're across the country. And you're tired of listening to talk radio and watching TV and seeing your country fall apart.

If you will be able to fly yourself to Arizona, we'll put you up in a hotel room for a week or two.

And we will give you the mobile technology to go chase ballots. We have over 2,000 people from across the country, that were working neighborhoods in Arizona to go chase ballots.

2,000 volunteers from across the country. On top of, in Arizona, our 600 full-time people, on the ground

So we blanketed the state. And Arizona, again, it's my passion.

It's that that is performing of the seven battleground states, and we're still counting votes.

It's the greatest swing of any battleground states in 2020.

And it should give your audience a lot of renewed confidence.

Is that we are catching up to how the left has gamified our elections.

They turn it into a game. Who can get the most amount of pieces of paper in the box? And we were -- we're still dealing in an antiquated mindset, where we believe that elections were just about worldview and values and issues. Back in, like, 2004.

The left, they changed all the rules. And that made them permanent in COVID. And between 2022 and especially in 2024, we learned the rules. We caught up. And then we beat them at their own with game. And that is what is so promising and encouraging. That we were able to add this machinery, to a once in a generation movement. And I will add one other thing. Is that some people were saying, it was a landslide.

It was. However, Glenn, we're talking about Donald Trump. The final canvases will come out. He won Wisconsin by 30,000 votes.

Pennsylvania, one point. Michigan, point and a half.

Without the turnout operation, without the voter integrity operation, the Trump campaign, and the RNC, you could make an argument -- and also, the second layer is that we did 25 points better with younger voters.

We won the youth vote in Michigan. We almost won -- yeah. Go ahead.

GLENN: What do you attribute that to, other than, you know, your work. And the work of others?

Do me a favor do you -- how much do you put into Elon Musk, RFK, Joe Rogan? Theo Von? Yeah.

CHARLIE: Yeah. First of all, Elon Musk is an American hero. And that guy is the best of America, who decided to just put everything on the line, for his country.

And I can't say enough good things about him. And, by the way, President Trump deserves so much credit for doing this long form podcast. This was the year -- this was the election of the podcast. And Democrats were unbelievable.

GLENN: This is the end of the -- I said this the week before he went on Joe Rogan. I said, you watch. He'll go on Joe Rogan. 100 million people. And it will be the end of the mainstream ahead.

This will -- this will show everybody for 2028, there's no reason to do a debate on ABC.

There's no reason to do an interview with CBS.

Why? Why would you do that?

Everything changed, this time.

CHARLIE: That's exactly right.

And I attribute a lot to that. And in addition, Donald Trump was able to -- he was able to sit for three hours, with no notes and go deep on the issues and have a total command of the subjects.

GLENN: I know. I know.

CHARLIE: Here is the new standard though, and Democrats have to know this.

You will never win another presidential election, if you nominate another candidate who is unable to do long form podcasting.

People won't trust you. End of story. And if you do not have a candidate, who can go deep and that can think on their feet and have memory recall and be personable and charming and affable, the American people will reject that. Long gone are the days of 7-minute, 60-minute interviews, right?

Or, you know, ten-minute Meet The Press, where you have five questions, and they're prepared.

Now, you have to earn the vote. Because people are going to listen to you for three hours and see your tone and inflection. And whether you mean it.

And so Donald Trump excelled in that. And Joe Rogan deserves such credit for having the platform, and to his credit as well, he was very fair. He wanted to broker a fair deal where Kamala was invited and Donald Trump. The other thing I will say though.

And I think you will appreciate this, Glenn. With younger voters.

Is that there was that pent-up rebellion energy, amongst young Gen Zers for how they were treated during COVID.

During COVID, they had their proms cancelled. Their graduation. Summer classes. A lot of their friends committed suicide.

They were part of this generation that was hyper propagandized by the left wing woke stuff during the summer of Floyd.

And they realized that it was lies. And that it was misrepresentations, and then they get their news from podcasting. And podcasting comes out, talking about how great Donald Trump was and how awful Kamala was, because that was the right framing. And the generation started to tilt right.

And so -- what was so remarkable, is that Democrats, they didn't see this coming.

They were so confident.

They were so cocky. That younger voters were going to continue to support them.

Again, you could make the argument.

If it was for the mass movement of younger voters in some of these states.

Donald Trump might not have won. And, again, the Sunbelt was a separate story.

We did very well in the Sunbelt, 4 or 5-point margins.

But the Rest Belt was one and a half, 1-point margins. We're talking about 30,000 votes here. So all of these things add up, in a very significant way.

And it also should give your audience such hope.

There's almost no documented case of a generation that becomes more liberal, as they get older.

So the fact that this generation is the most conservative voting generation since 1988. That means that the future is only going to get redder.

It's only going to become more conservative, as they own property and get married and have children.

So our starting point is the best starting point for our political movement since Ronald Reagan.

And credit to Donald Trump. And please, sorry.

GLENN: And I think that it is only going to grow from here, if Donald Trump can tick off the things that are on his list to do.

GLENN: So, Charlie, we were talking about what -- you know, why Trump won. Why did Kamala lose?


CHARLIE: Well, that's interesting. And, again, I will say, the narrative should be that Trump won more than she lost. However, she was unable to do the basic, as we said, long form podcasting. She misread the room. And I think the interesting story that should be explored is, where did all the money go? The most funded campaign in history. A billion dollars.

Now, $20 million in debt.

And I have a personal axe to grind here.

Because, you know, we were one of the groups that the media was setting up to fail. Okay? Let's just be honest. There were so many articles written in the last couple of months. Trump team takes big risk outsourcing GOTV to Turning Point and Elon Musk.

You probably saw the stories, right, Glenn? It was every major outlet.

GLENN: Oh, yeah, I did.

CHARLIE: And they were setting us up to fail, and we would get on the phones with these reporters. And we would say, hey, we're doing real things.

Maybe you guys should be more nuanced. And they said, well, the Kamala team has the most sophisticated get out vote operation ever, and their ground game. And they're knocking on tens of millions of doors, and we would tell them. And this was true. I said, never conflate results and activity.

The Kamala team was doing a lot of activity. But they weren't producing results. So the Kamala ground game was completely overrated.

Somebody made a lot of money, and misled a lot of people, and a lot of Democratic donors.

So let's just be honest on the issues. Let's just also on the issues though.

Is that Kamala Harris and the entire regime, they were trying to continue to occupy a country that they resent.

And that, as a basic operating formula, is almost an impossible way to hold on to political power.

You can't continue to govern a country when you disdain the people that you are pathed to oversee.

And, I mean, we can go one example to the other. I'm sure you cover this on your show.

But Star County, Texas. Which has not voted Republican. In over 100 years.

The most Hispanic county in America, Donald Trump won.

I mean, there was this multi-racial reckoning against the Democrat Party.

Young, old, black, Hispanic.

And finally, Kamala Harris and her entire team, they -- they -- they did everything they possibly could to not defend their own positions. But try to make it a referendum on Donald Trump.

Now, Donald Trump refuted quite a gift.

He received quite a gift. Because for the first time since Grover Cleveland, he was able to embrace the advantages of being an incumbent and the advantages of being a challenger.

So think about it. You can say, how great my record was. And how terrible the person currently in office is. If you think about that analytically, that's almost an impossible. It's impossible to beat that. Because you could be incredibly -- you could be very, very critical. So that wins you points. People like that in politics. At the same time, you can also have a sterling record to run on. So it's not just hypothetical. So Donald Trump leaned into the best of all circumstances. Being a challenger and also an incumbent. And, yeah. And also, Kamala Harris didn't have a primary. That's another thing that I said.

Don't -- when I try to implement a candidate without a primary, don't assume that all the Democrats are going to support you. I have many other thoughts on this.

GLENN: Well, I've got just about 30 seconds here, before a break. So good time to just take a breath. I do want to go back to that.

But I -- I also want to go back to Hispanics.

Because they have alienated themselves with everybody. Now, they're talking about how Hispanics are anti-black. And I've heard black are anti-Hispanics. I mean, they're just -- they're at war with themselves.

I don't know how they come back from this. But, you know, vampires, you always think are dead. But they come back.