RADIO

Why today’s inflation is the greatest ROBBERY in the WORLD

Carol Roth, financial expert and author of ‘The War On Small Business,’ tells Glenn that today’s economic ‘mess’ was caused by ‘unprecedented intervention in [our] monetary policy, fiscal policy, and just general government policy.’ But still, huge, powerful entities — like the Fed, for example — can’t keep their greedy, corporate hands out of our market: ‘It's the looting of America, the looting of Main Street, and [of] the average American.’ Unfortunately, Glenn predicts, times will only get worse from here. So, in this clip, Glenn gives an important tip to help you PREPARE.

Transcript

Below is a rush transcript that may contain errors

GLENN: We're going to talk to Carol Roth here in just a second, about how what we heard last night, the State of the Union, and what's going on.

How SWIFT is going to affect the fed, inflation, the printing of money. All of that. What it really means to you. First, I want to go to James in Florida. Hello, James.

CALLER: How are you doing, Glenn? It's a privilege to talk to you.

GLENN: Thank you, sir.

CALLER: Glenn, I'm calling because I have a difference of opinion, with some of the political pundits, and the military pundits, that I've seen in either of talk radio. Or heard on television.

GLENN: Okay.

CALLER: I lived through both the Cuban Missile Crisis. Vietnam.

GLENN: Uh-huh.

CALLER: And then Desert Storm one. Combat commander serving in Germany, northeast Asia.

GLENN: Thank you, sir.

CALLER: What we're doing with the Ukraine, as a nation. And policy currently. Militarily, politically, is absolutely disgraceful.

We should be providing those people. I bass American flags every morning, and I've taught my son and I -- who we passed the American flag.

We salute it. Because it stands for liberty. It stands for justice. It stands for peace.

It stands for prosperity. It stands for opportunity.

And what we're not doing is providing that those attributes. Characteristics, to the people of Ukraine.

In a meaningful way.

And a meaningful way. I mean, providing them, a no-fly zone.

Providing them combat air patrols.

Deterrence doesn't -- isn't effective, unless you have the willingness to use it. You know, Churchill said, right in the darkest hours, when he just took over, success is not failure. Failure is not fatal. It's the will to continue that counts. And one other motto that I've learned in my life, that was preached into us from the moment that we stepped into our first military leadership class at the Air Force Academy is, if you know what is right and not do it, it's cowardice. And that's what we're doing now, as a nation. That's what we're doing now, relatively. Politically.

GLENN: So, James, I really do appreciate your point of view. I appreciate your service.

And I hate to disagree with you. But I don't think it's cowardice to think strategically. A no-fly zone, one plane goes down, and we're in World War III with a guy we can't predict at this point, who has tons of nukes and says he'll use them.
I don't want to get into World War III. By the way, there is nothing wrong -- check your local attorney on this. But I don't believe there's anything wrong with a U.S. soldier taking off their uniform, you know, assuming they've retired.

And going over to Ukraine, and donning a Ukrainian uniform.

I think they're paying soldiers, to go over and fight.
I know a lot of soldiers, who are like, I'm going over.

I'm going to help fight.

That's good. That's good. We as individuals, should help them.

But, you know, getting into World War III, is not necessarily something I would like to jump to, in a two-week period.

Carol Roth is with us. Carol, are we doing everything we can, with these sanctions?

I mean, I -- I read conflicting reports.

That these sanctions are more than anything we've ever done. Because it's public/private, great reset kind of partnerships. Then I hear they're meaningless.

Which one is it?

CAROL: I really wish I had the answer for you, Glenn. I've been racking my brain. I've been reading all the reports. And they do somehow conflict with each other.

They say that they're going to cut Russians off, from payment systems.

But we're probably going to exempt the oil payments. Which is obviously 60 percent of their economy. Right.

So that's a challenge.

You know, I've heard about their freezing of the assets, at central banks. Including the fed. The ECB. Now the Japanese Central Bank is jumping on.

But in terms of, you know, how -- how strong that is, I think because these items are so complex, and because the White House has been fairly opaque, in terms of -- of trying to clarify them, we really don't have a good sense of -- you know, have they really gone, as far as they can?

Is there something else on the table?

And I will say, there's probably a middle ground here. You would have to thread the needle on this one.

Because going too light, creates a set of issues. But going heavy, creates a separate set of issues. All of which have reverberations here in the US.

So this is very challenging stuff.

And I'm not sure that we have the best minds, that we possibly could have.

GLENN: Yeah.

CAROL: Coming up with the strategy around this, unfortunately.

GLENN: All right. So let me ask you about. Let's just say inflation.

One of the things the fed wanted to do by raising interest rates, was to slow down, quote, I love this. It was laughable. An overheated economy.

The economy was not overheated. The stock market is overheated. Those people who got all these bailouts. They're spending money. And investing. And driving the prices of everything up.

The little guy is feeling everyday inflation of the consequence of printing that much money.

So they want to slow people down.

Doesn't this accomplish that, not at the higher level, but at the lower level?

The common person?

CAROL: This is such a mess. And it comes on the back of the unprecedented intervention that we've had in monetary policy, fiscal policy, and just general government policy.

So you have the fed intervening in the market. To the tune of trillions of dollars. You had the government doing this. You know, quote, unquote, relief spending. Which, as we know, most of that ended up, in the hands of the wealthy, and well-connected. And not the individuals that really needed it.

And then you had these policies, that said, oh, let's just, you know, turn off large swaths of the economy. And we'll just flip they believe back on. Like we're power cycling a modem. And that disrupted labor and supply chains. To the point, where it's difficult to come back. And it has reverberation through inflation.

Now you have people who have created this policy. And let me just be very clear, and underscore this.

This was not consumer driven. This was not demand driven.

This was not corporate greed driven. This was entirely policy driven.

And there were points along the way, where they could have dialed it back, and maybe, you know, still had some issues, but not the level that we're having today. And they have refused to do so, to the point, that the fed just finished -- I mean, they were in the market in February. Still providing support to the market.

So you have these people, who missed the call on inflation. Have told us everything under the sun. It's not going to happen. It was just going to be a little hot. It was just going to be transitory. Oh, it's good for you. Okay. Yeah. Maybe it's a bad thing.

Now thinking, that they can also thread the needle, perfectly, and bring the economy in, for a soft landing.

But what is monetary policy going to fix?

Even if we didn't have the Russia/Ukraine crisis. Is it going to fix the fact, that we have millions of people, who dropped out of the labor force. And that we're still going to have wage inflation.

Is it going to fix the fact that we still have all this money, in the financial system?
I'm just not sure what they think this policy is going to do.

So the concern for us, as -- again, even ex-Russia/Ukraine. But with that layered on. With the fed, who is now going through a period where we have potentially slowing growth. And rising inflation. Is going to try to come up with the perfect policy. And if you think these people, who have made every mistake in the book, over the past couple of years. And going back over the last even 15 years. Now all of a sudden, have the perfect policy.

Well, I have a bridge to sell you, at that point.

GLENN: Yeah. It's horrible.

I had a friend over at the house last night. And they said, Glenn, people like me.

Regular person, working, you know, come with the family. Said, Glenn, people like me. We're on the edge.

We're not -- we're not going to make it through all of this.
And I don't think there's a single elite -- you know, when the president says, I'm going to try to make this easier for you. And then he proposes gigantic packages, which will just mean trillions more in spending, which will mean inflation even higher. You know, and then he proposed a 15-dollar working wage. Carol, isn't that -- that's the death spiral. Right?

When prices are going up for inflation, and so then you hike wages, that will make prices go up even further. Then you have to hike wages.

I mean, that's the death spiral.

CAROL: Yeah. It was a very strange economic lesson, that we heard from the president, last night. During the State of the Union.

He wants everyone to buy American. Which we all know is more expensive.

But then he would like for companies, to keep costs down. But also, raise wages.

GLENN: Yeah.

CAROL: And then he tells you, how much he wants to tax the companies. So just the circular logic of all of that. Migraines.

It just went sort of cuckoo. I don't sort of know what's going on here. And I don't know if it made any sense. But we are living through, and are living through, the greatest transfer of wealth in history. From the average --

GLENN: No. Rephrase that. This is the largest robbery or theft ever in the history of the world.

That's really what happened.

CAROL: It's the looting of America. And it's a looting of Main Street. And the average American. The working American. For the benefit of the wealthy, and well-connected.

And this inflation, as I've been saying, all along, is a permanent task. On the average person.
And over time, supports the people who own the assets.
And it's going to be very, very -- continually very difficult, for the average person, to -- to survive. And when you hear things like, oh, well, you look at the -- the personal savings rate. Or you look at how much cash people have.

And the average American is doing well. It's because the people at the top, have so much money. They are distorting the averages. Look at the median.

Don't look at the average. And you will see a very different story.

GLENN: Carol Roth. The author of the war on small business.

She's a recovering investment banker. And really doing everything she can. To make sure the average person understands what's going on.

Carol, thank you as always. I appreciate it.

Let me -- let me say to you, what I said to my friend, last night. And I know this sounds trite. But I'm telling you, your money is not going to be worth what it is today, in three months. Six months. A year from now.

So if you buy something for a dollar, today, you -- let's just say your dollar of today is worth 100 cents.

Six months from now, it could be worth 90 cents.

So you're having to pay really, a dollar ten, for whatever it is, you could have used. You could have bought now, for a dollar.

And that's a just going to continue, until you have, you know, 60, 50, 40 cents on every dollar in buying power.

So when you -- if you are at the edge, when you go to the grocery store, when things are on sale, and you don't necessarily need that many boxes, buy them now. Because you will actually be saving money. You will actually be making money. Your -- the value of that box of hamburger helper or whatever it is. Will be worth more, than what you could buy it for, in the store. Please, there is real hardship. I believe Great Depression-style hardship. Coming soon.
I hope to God I'm wrong.
But please, prepare now.

RADIO

‘STUNNING’ statistics PROVE the church may be in DANGER

A recent report found that only 37 PERCENT of Christian pastors bring a ‘Biblical worldview’ with them to the pulpits. And, for Catholic priests, the numbers are even worse. Glenn breaks down these ‘STUNNING’ statistics which prove that the Christian church in America may be in BIG danger…

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, there's a couple of things hear. Only half of evangelical pastors hold a Biblical worldview.

Now, this might be a little shocking for people who go to church. A study released Tuesday builds on an other report from American World View inventory 2022, which shows that 37 percent of Christian pastors bring a Biblical worldview with them, to the pulpits.

Now, a Biblical worldview is -- do you -- does every person have a purpose and a calling is this

Do you have a purpose for being here? And can God call you to something? I'm asking you, Stu.

STU: Why are you asking me, without the echo in your voice?

GLENN: Because I don't want you to feel damned, immediately.

STU: Oh, okay.

GLENN: So do you feel the purpose in calling?

STU: Sure.

GLENN: Family and value of life. Those come from God.

STU: Yes.

GLENN: Do you believe in God?

STU: This is a tough one. After the previous two, but yes.

GLENN: Do you believe in creation? I know this is weird. Creation and history?

STU: I believe in history. I just believe in --

GLENN: I believe in creation. Do you? I mean, intelligent design. I don't know how he creates.

STU: Yeah. I don't find that question to be as riveting as some do. I don't really care how he did it, honestly. But it's on him.

GLENN: It's like, oh, we got you there. So you're saying, dinosaurs aren't real?

STU: Yeah. I don't really -- I don't know all the details to it. It wasn't there. I will say, I don't know how an i Phone works exactly. But I'm glad the texts go through.

GLENN: But I don't believe in Steve Jobs. He never existed. That just, all of a sudden appeared on a beach somewhere.

STU: Right.

GLENN: Let's see. Do you believe in sin? Salvation and relationship with God?

Do you believe in behavior and relationships, the Bible, and its truth and morals?

STU: I think.

GLENN: Yeah. I think those are all pretty easy. Only 37 percent of pastors. Believe in that.

STU: Oh.

GLENN: I mean, you might want to put that on the front sign. You know what I mean?

Like, hey, come in. Try our doughnuts. And we don't really believe what you think we believe.

STU: Well, this happened to you. Right? When you were doing your church tour. Back in the day.

GLENN: Oh, back in the day. We went to every church. Every religion. Because my wife wouldn't marry me without a common religion.

And I'm like. I love God and everything. But religion, I --

STU: This is a long time ago. This was not you, at the time though.

You were not. This church tour happened, in what? I don't remember what year it was.

GLENN: '99.

STU: Wow, it was a long time ago.

GLENN: A long time ago.

STU: You were finding your way. Mainly because your wife wouldn't marry you if -- you're forced into it.

GLENN: Right. I was forced into it. And she didn't believe in premarital sex either. And I'm like, okay. Chickaboo. I said, what is it going to take? And she said, God. Here I am. I'm practically a god, look at me. No.

STU: A Greek god.

GLENN: A Greek god. She vomited. And then I went to church. So we tried everything. I mean, we -- I really liked a Jewish synagogue we went to. Except you couldn't eat a lot of good things that I liked. And I don't speak a word of Hebrew. But it was in and out on Saturday, and it was pretty good. I since learned there was more than that.

STU: Yeah.

GLENN: But I went to this church. And it was. What do they call those churches? Congregational, right? The white churches on the greens.

Yeah. I think it's congregational churches. And they're non-denominational. And so I'm sitting there in the pew. And Tania and I were listening.

It's okay. It's church. And during it the sermon. The pastor said, now, you all know that I don't believe in God. But if there is a God, we should serve him.

And I'm like, hey, that doesn't make any sense at all. Okay?
(laughter)

GLENN: And that should be on the front door, someplace. Before you go and sit down, you should just know, our pastor does not believe in God. But if there is a God, maybe we should serve him.
(laughter)
You know, good safety tip there. So back in just a minute. I'm going to give you a reason on why I'm telling you this latest survey. It's crazy. Finnegan is a 12-year-old Husky Lab. And Daniel not his owner. That would be wrong.

His adult friend. He said Finnegan used to sleep all the time. We had to spike his food every day with cheese and ham, et cetera. And even then, he wouldn't eat most of his food. Sometimes for days. I was skeptical about ordering Ruff Greens. But I gave it a try. In a month or so, Finnegan was incredibly active, and he runs and plays with other dogs. He even chases rabbits and squirrels again. I wish I would have discovered this for him, long ago.

Well, get it when you can, you know. Doing the best you can, to raise a health dog. Ruff Greens can help you. It's not a dog food. It's vitamins and minerals. And all the other things that your dog needs to live a healthy life. And they love it. And you put it on there. Now, not all dogs love it, I'm sure. So they want to give you a free bag, to make sure that your dog loves it, as much as my dog Uno. And Daniel's dog Finnegan. They'll eat it, man. You just watch over them. They change. It is really great to see. It's Ruff Greens. RuffGreens.com/Beck. RuffGreens.com/Beck.

Get your free bag now. 833-G-L-E-N-N-33. Or RuffGreens.com/Beck. Ten-second station ID.
(music)

GLENN: On only 30 percent of Christian pastors believe and have a Biblical worldview. I mean, if you're not talking about sin and, you know, how to be a better Christ-like person. And how do you -- 37. What are they teaching?

STU: Those are the questions. The specific questions asked. Certainly, there are differences among denominations. And various questions.

But these are pretty basic points.

GLENN: Are these eight categories. Eight categories. Purpose and calling. Family and value of life.

God, creation and history. Faith practices. Sin, salvation, and relationship with God. Human character. And nature. Lifestyle. Behavior and relationships.

Oh, and the Bible. Truth and morals.

STU: Yeah. I know there are obviously disagreements on some of the intricate matters of faith between denominations and pastors.

GLENN: Sure. But 37 percent.

STU: The only thing I would ask, who is the defining Biblical worldview there? And I would assume --

GLENN: The bible.

STU: If you're assuming broad categories like that, that's a stunning number.

GLENN: Stunning. Stunning number.

STU: To the point of, how is it possible?

GLENN: So 57 percent of pastors leading non-denominational and independent churches, held a Biblical worldview, a nationwide study in February. Conducted in February. Nondenominational and independent churches were more likely to subscribe to a Biblical worldview than evangelical churches. Perhaps most surprisingly 48 -- 48 percent of pastors of Baptist churches, widely viewed as the most enthusiastic about embracing the Bible. Held a Biblical worldview, 48 percent.

Pastors of Southern Baptist churches by contrast were far more likely. 78 percent, to have Biblical beliefs. The traditional black Protestant churches and Catholic priests, I'm sorry. Just -- wow. I just had to read this again.

Traditional black Protestant churches and Catholic priests, were found least likely to hold a Biblical view. With the incidence of Biblical worldview, measured in the single dingles. Black churches. 9 percent of pastors and Catholic priests. 6 percent.

STU: I feel like you ask atheists, if you have a Biblical worldview. You would have higher than 9 percent.

GLENN: I think I could give it to Penn Jillette. And he would be like, you know.

STU: At 14 percent. I'm at 14 percent.

GLENN: Yeah. That's crazy. In churches with an average of 100 or fewer within attending weekly services. 41 percent of the pastors had a Biblical worldview. Larger fellowships with 100 to 250 adults fared better, with 45 percent.

However, 14 percent of pastors leading mid-sized churches, between 250 and 600 people. 14 percent.

And 15 percent of pastors with congregations of more than 600 adults. That's crazy.

STU: Yeah. That's hard to understand how that's possible. Why would you be involved in this business, right?

I hate to call it a business. It's your life's work. It's your career. Right?

GLENN: It's like. You know what it means? It's my uncle who is the head of safety at Boeing for years, and he would never fly. He would never get on an airplane. And he would be like, uncle Dave, what is that? And he's like, if you fly, you have to fly a Boeing.

STU: If they can care about it a little.

GLENN: It is my uncle, who is the head of safety at bowing for years. Okay.

STU: Okay.

GLENN: And he would never fly. He would never get on an airplane.

STU: Right.

GLENN: And you would be like, uncle Dave. I don't. What is that? And he's like, if you fly, you have to fly a Boeing. But there's no reason, logically that that thing should be able to take off and fly. I don't know if you're the best for safety, you know.

I think that's -- my uncle Dave should have been a priest maybe.

RADIO

Glenn reads leftists’ CLUELESS reactions to SCOTUS decision

The far-left proved once again it’s members care very little about ‘peace.’ In fact, some reactions from leftist, blue checkmarks on Twitter show just how ANGRY they can be…especially when it comes to the Supreme Court preserving the Constitution and returning rights to the STATES. Glenn reads several of their reactions to SCOTUS' recent decision that further protects the Second Amendment...

Transcript

Below is a rush transcript that may contain errors

GLENN: Boy, I just wanted to go through some of the blue checkmark responses from yesterday. Because, gee. I just -- I just don't -- I just don't know what else to say. They were so right on target. Now, that's -- that's a joke. I didn't mean it. I didn't mean it actually target. You know, like Sarah Palin actually meant it. Alicia Sultan. Or Ashia, or whatever her name is. She says, God forbid. Listen, you're listening right now to a guy who is in the Radio Hall of Fame. I am so good at what I do. I don't even need to know how to pronounce names. I don't have to. They were like, this guy is like a radio god.

Yeah, but have you heard him?
Yeah, put him in the Hall of Fame.
Anyway, she said, God forbid, someone you love gets killed by gun violence. I second that. Second Amendment fetishizing will never bring that back, or a make that loss easier to bear. Yeah. I agree with that. I mean, hang on. Let me just take the ball out of my mouth here. I have this fetish thing with the Second Amendment. It is hot. Too many people believe that unfettered access to guns will never hurt someone they love, until it happens. Okay. I don't know what your point is really here. Marion Williams says. People will die because of this. And to be very clear, now, listen to this argument.
To be very clear. They're not doing this to protect the Second Amendment. They're doing it to protect the primacy of property rights.
Well, gosh, that's a good reason to do it too, I guess. Huh. I didn't even think of the property right part. But thanks for pointing that out, Marion. Neil Cattial says, it's going to be very weird if the Supreme Court ends a constitutional right to obtain an abortion next week. Saying it should be left to the states to decide, right after it imposed a constitutional right to conceal and carry firearms. Saying, it cannot be left to the states to decide.
Neil, here's what you're missing, dude.One is actually in the Constitution. It's called the Second Amendment. That tells the federal government, and the states exactly what they can and cannot do. What government cannot do. There is no right to abortion. I -- show it to me. Show it to me. When you can show it to me, I will change my argument. That, when it's not in -- I'll talk slowly for you, Neil.
When it's not in the Constitution, then, there's this part of the Constitution and the Bill of Rights. It's -- it's -- just look for the number ten. Okay? And that says anything that's not specifically in the Constitution. That goes then to the states. Yeah. Look at you. You're going to read something.
Jill Flipuffock says -- says the kind of people who desperately want to carry concealed weapons in public, is based on a generalized interest in self-defense are precisely the kind of paranoid, insecure, violence, fetishizing people, who should not be able to carry a concealed weapon in public. Okay. So let me get this right.
If you want to carry one, you're the kind that shouldn't carry one. So, in other words, when -- this is right. Jill, my gosh, my whole world is changing. Thank you for this. Now I understand when Martin Luther King went in and said to the state officials, hey. I need to have a concealed carry permit. He's exactly the kind of guy, you Democrats didn't want to carry a gun.
Yes! Jill, thank you for that enlightenment. David Hogged says, you're entitled to your opinion. But not your own facts. And like your own facts, you're not entitled to your own history. That's exactly what the Supreme Court decision is. It's a reversal of 200 years of jurisprudence that will get Americans killed. David, David
Have you read a book? Come on. Do you know anything at all -- name three founders. Can you do it? Right now, think. Go. Can't do it, David. 200 years.
Our -- the only times -- the only times in our history, and you wouldn't know this. Because you bury all the left. Buries the Democratic history.
The only time that we have any kind of history, where we're taking guns away from people, is when the government is afraid of those people. When the government gets really, really racist. Okay? That's why the Indians, yeah. That's why they're living on reservations now. Because we took away their guns. Yeah. Yeah.
That's why after the Civil War. And before the Civil War, slaves could not have guns. Why?
Because they might defend themselves. And then, after they were freed, oh, my gosh, the Democrats freaked out. Those freed slaves, will have a way to protect themselves. And they got it done through all kinds of laws, kind of like what you're doing now.
Thank you, David for writing in. You're special. March for Our Lives. Blue checkmark said yesterday.
The court's decision is dangerous. And deadly. The unfairly nominated blatantly partisan justices put the Second Amendment over our lives. No. I -- I -- may I quote the Princess Bride? I do not think those words mean what you think they mean. Okay?
Second Amendment is there, to protect our lives. To protect our property. And to protect our freedom.
I just want to throw that one out. The blood of American people who die from needless gun violence will be on their corrupt hands.
Okay. Wahajit Ali (phonetic) said, let's have a bunch of black, brown, and Muslim folks carry large guns in predominantly white neighborhoods.
I know the Second Amendment advocates will say that's great and encourage it. Because American history proves otherwise. We might get gun control. But we would also get a lot of chalk outlines.(laughter)Mr. Ali, you are so funny.
See, what you fail to recognize is that all of the people that you say are racist, aren't racist.
There are racists in this country, a lot of them seem to come from the left. You know, like the socialist Klan members. Or the socialist Nazi members. You see what they have both in common?
Yeah. Democratic Party. Anyway, Mr. Alley, if someone wants to carry a gun. And they're a Muslim. I have absolutely no problem. You're brown, you're pink, you're polka dot. You have covid and you're not wearing a mask. Or you don't have covid, and you're wearing 20 masks. And you want to carry a gun. I'm totally fine with that. Now, if you get a bunch of people. And, again, I don't care what color they are. Marching down my neighborhood, with large guns. Yeah. I am going to call the police because that's unusual.
What are you doing? We're just marching with our guns. Why in my neighborhood at night?
None of your business. Does Kavanaugh live around here? See, there's a difference. There's a difference. Right-wingers can freak out about nullification or packing or whatever.
No one cares. You broke all the norms of decency, democracy, and fairness. Oh, my gosh. Oh, wait. Wait.
This is from David Atkins. He has a great solution. At the end of the day, California and New York are not going to let Wyoming and Idaho tell us how we have to live in a Mad Max gun climate hell.
Oh, my gosh. David, let's break some bread, baby. Let's come together. Yeah. All right. Let me do my best Marianne Williamson.
Yeah. Yeah. Because we can come together. What you just said is the point of the Tenth Amendment. California and New York, I don't want to live like them.
You don't want to live like us. So let's not. Let's not. However, there are ten big things. And I've heard they've added to these. But there are ten big things, that no government in the United States of America, can do. Now, you want to change that, let's change it. Because what's so crazy, is there's this thing called the amendment process. You want to change the Constitution, you don't -- what -- all norms of decency. Democracy and fairness. You don't break those.
You want to change those amendments. You can do it. All you have to do is go through the amendment process. And then if you say, everybody has to have a pig on their lap. You get the states to vote for that. Put it on the amendment. You have it. Now, probably there would be another amendment that comes later. That says, hey, the big in the lap thing is really, really, stupid, and I think America lost its mind temporarily. So we're going to scratch that one out. From here on out, no. Absolute must have a pig on your lap kind of loss. Okay?
But both of those would be done through the amendment process. That would be doing it the decent way, the fair way, and the Democratic way. But David, you are cute. When you think, you're cute. Tristan Schnell writes in, when American service members die oversees, their caskets are brought to Dover Air Force base to be displayed and mourned. No, they're not displayed. I don't know if you've noticed this. But we try not to display the dead. But when Americans die because of gun violence, their caskets should be brought to the steps of the Supreme Court. So the justices can see what they've done. Yeah.
Tristan, I like that. Why don't we take every baby that's been aborted, and put them in a bucket. I mean, we're going to need a big bucket. Because there's millions of those.
And let's dump them, on the front steps of the Supreme Court. So they can see what they've done. Wow!
I got to thank all the blue checkmarks. Because you've really turned me around.

RADIO

Why the Fed’s ‘MATH PROBLEM’ may result in MORE inflation

Yes, it’s possible for our economy to suffer from extremely high inflation while certain goods, products, and services experience DEFLATION as well, Carol Roth — a financial expert and author of ‘The War On Small Business’ — tells Glenn. The Fed actually is TRYING to deflate the economy, Roth explains. But while they’re saying one thing, the Fed’s current policy shows the exact opposite. And that ‘math problem,’ Roth says, is what could cause our economy to experience even more, ‘prolonged’ inflation. It’s a ‘dire situation,’ and there seems to be ZERO leadership willing to fix it…

Transcript

Below is a rush transcript that may contain errors

GLENN: Is it not possible to have super high inflation, on some products. And super low deflation. Prices that are -- that are crazy.

Because they -- nobody is buying them, in other categories. Is that possible to have both of those?

CAROL: Yeah. I think that the best analogy for that would be kind of the '70s. And something that looks for stagflation. Where the economy stagnates. And it stagnates, like you said, because all the money has been sucked up in a couple of categories. And there really is a lot to go around in other places. There's not a lot of investments being made, and what not. But we still end up having high inflation. And we are certainly, a lot of people feel like we're in that sort of stagflation, you know, arena, right now. And it can continue on the trajectory. But you have to remember in terms of deflation. I mean, that's what the Federal Reserve is trying to do. They are actively trying to deflate, you know, not just the bubbles and assets, but they're trying to deflate spending, to cool off the economy. That's why they're shutting off their balance sheets. That's why they're raising their interest rates. It's meant to cool off demand. And that's the math problem that I keep talking about. They keep saying, oh, the consumer. And businesses are going to save us from a recession. But at the same time, the policy is meant to do the exact opposite. The policy is meant to make it, so that people aren't able to spend in the same way. So those two objectives are at odds with each other. And so I do think, that we could end up in this prolonged period, like you said, where the inflation hasn't quite gotten under control. Especially since we have so many supply demand imbalances in our economy. We have a labor imbalance. We have a food imbalance. We have an energy imbalance. And we have a commodity imbalance. And that's not going to it be solved by any monetary policy. That requires real action. And we don't have leadership, that's willing to lead or frankly do anything.

GLENN: So we have -- as I see it, we're looking at a situation. Again, I'm going back. And please, correct me where my thinking is off. But I'm going back to the Great Depression. So people were afraid. They held on to their money. They spent what they had to, and what they could afford. But nothing else.

That caused the labor market to shoot out of control. To -- to about 25 percent unemployment. Because the factories were closing down. Because no one was buying anything, from the factories. Which then, in turn, made FDR say, we're going to build the Hoover damn, to give people jobs. But it was all the government money, which would have just caused more inflation, if I'm not mistaken. Had it not been for the -- and I hate to say it this way. But the saving grace of the Second World War. Right? Were we in a death spiral? I mean, the war was definitely a different kind of reset. And I think a lot of the logic that you're talking about makes sense. If consumer sentiment is really important. And it becomes a self-fulfilling prophecy, if people don't feel confident, they don't go out and spend. They're worried about their inflation. And being able to feed their family. And get to work. They aren't going to spend -- I think there are a couple of things that we have that are different. And it's not necessarily better for the average American. So I just want to be clear. That I'm on your side, and I'm not saying that it's better.

But because of this huge supply and demand imbalance. We have two jobs available for every person looking. The likelihood is that that probably contracts to be, you know, a better match, than having massive unemployment just because of that scenario is going on. And we also have a whole slew of Americans, who are doing -- you know, have done very well. They have been the beneficiaries of this giant wealth transfer from Main Street to Wall Street. So I think we're going to have a lot of, you know, different outcomes. You know, that inadequately, that's been driven by government policy. And that's never a good thing. Because, you know, the social unrest that comes with it. And rightfully so. Because, you know, these policies have really put the middle class. The working class. And in some cases, the lower class, at risk, to the benefit of the people on the inside. And so the numbers on average, may not show how dire the situation is. And so they'll be able to spend. And say, oh, everything is great. And the consumer is doing well, when people are really struggling. And, you know, that's going to be when we continue to just be furious. And, you know, demand something be done about that.

GLENN: Carol, thank you so much for everything that you do.

She's just issued a new paper. A new piece for TheBlaze. What the heck is going on in bitcoin. And you can find that at TheBlaze.com. TheBlaze.com. What is going on with bitcoin, by Carol Roth. Thanks, Carol. God bless.

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