RADIOJanuary 31, 2023

‘Wearable technology’ is BEYOND DANGEROUS to YOUR free will

Wearable technology is not longer a prediction for our future. It’s HERE, and a recent clip Glenn plays from a presentation done by the World Economic Forum in Davos earlier this month proves that world elite already are planning how to use it. This kind of technology and artificial intelligence can monitor your BRAINWAVES, tracking your productivity and effectively diminishing YOUR free will. Glenn explains just how dangerous this new type of technology truly is…

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Let me tell you something that is going on in the stock market right now. The stock market Buzzfeed, Inc. is going through the roof right now.

There's a feeding frenzy, for their stock. People are -- are very excited. Because Buzzfeed has said, they're going to use open AI, ChatGPT, any of these things.

And they'll -- they'll start having computers, write stories. So you -- you -- poeple -- so think of the money.

Oh, isn't that great?

This is -- this is following Microsoft investing $10 billion in open AI, which is the major ChatGPT. And Buzzfeed has announced open AI is open for business at Buzzfeed. I will tell you, that every show that we do, everything that we do, is made by hand.

It is -- we will not sell out. I'm talking about the Glenn Beck Program. We will not sell out and have our shows written by machines.

We will -- we will do our own research, and -- and dig deep.

We -- I'm not a technophobe. I believe -- you know, Google has been a good thing in research.

It's been a good thing. So I have no problem using devices, but I will not replace people with machines. AI.

Now, that's going to put anybody who does that, it's going to put them in the exact opposite position, as Buzzfeed. You'll have a harder time making money because you refuse to lose our humanity.

But I will go a step further. I am not ready for what they are now calling a brain transparency. I want to play something to you, that is hopefully eye-opening. This is a clip -- and we have the full 30-minute seminar on this.

This is just the first clip, from the World Economic Forum. It -- there was a speech on technology. And it features a video, that we'll have in here. This video is like a little cartoon.

And it shows how technology can monitor your brain waves. And make you more productive at work.

This is shocking enough. But what is said after, is even more so.

Here's a clip, again, from the World Economic Forum.

Listen.

VOICE: First off a video. It's going to make you see the future. And understand a wonderful future, where we can use brain waves to fight crime. Be more productive. And find love.

GLENN: Wonderful.

VOICE: You're in the zone. Even you can't believe how productive you've been.

Your memo is finished.

Your inbox is under control. And you're feeling sharper than you have in a decade.

Sensing your joy, your playlist shifts to your favorite song. Sending chills up your spines, the music begins to play. You glance at the program, running in the background, on your computer screen.

And notice a now familiar site, that appears whenever you're overloaded with pleasure. Your theta brainwave activity, decreasing in the temporal regions of your brain.

You mentally move the cursor to the left.
And scroll through your brain data, over the past few hours.

You can see your stress levels rising, as the deadline to finish your memo approached.

Causing a peak in your beta brain wave activity. Right before an alert popped up. Telling you to take a brain break.

What's that unusual change in your brain activity. When you're asleep.

It started earlier in the month. You send a text message to your doctor, with the mental swipe of your cursor. Could you take a quick look of my brain data? Anything to worry about?

Your mind starts to warned to the new colleague on your team, whom you know you shouldn't be daydreaming about. Given the policy against intraoffice romance. But you can't help fantasizing just a little. But then you start to notice, your boss notices your amorous feelings, when she checks your brain activity and shift your attention back to the present.

You breathe a sigh of relief, when the email she sends you later that day, congratulates you on your brain metrics from the past quarter, which earned you another performance bonus.

You head home jamming to the music, with your HEP issue playing something earbuds still in.

When you arrive at work the next day, a somber cloud, has fallen over the office. Along with emails, text messages, and GPS location data. The government has subpoenaed employee's brain wave data, from the past year.

They have compelling evidence, that one of your coworkers has committed massive wire fraud. Now they're looking for his coconspirators. You discover they are looking for synchronized brain activity. Between your coworker and the people he has been working with.

While you know you're innocent to any crime, you have been secretly working with him, on a new startup venture. Shaking, you remove your earbuds.

GLENN: Stop for a second, please. Stop.

How many feel comfortable with this? This -- remember, it was introduced as, you know, your future.

And showing you how exciting things can happen, in your future.

You'll be able to increase your productivity. We'll be able to fight crime.

You'll be able to find love. Who is comfortable with just this?

Now, let me just play the beginning of one of the eggheads at the World Economic Forum, talking about this.

Go ahead.
(music)

GLENN: You have the rest?

VOICE: What do you think? Is it a future you're ready for?

You may be surprised to learn, that it's a future that has been already arrived. Everything in that video, that you just saw, is based on technology, that is already here today.

Artificial intelligence has enabled advances, in decoding brain activity, in ways that we never before thought possible. You've heard a lot about AI, over the past few years.

Here at Davos, it's been the talk of the hour. But I want to talk about it in a different way. Which is, the ability to decode brain wave activity. After all, what you think, what you feel, it's all just data.

Data that in large patterns can be decoded using artificial intelligence. Consider this, the average person thinks thousands of thoughts each day. As a thought takes form, like a math calculation. You're happy. You're tired. You're hungry.

You're elated. Neurons are firing in your brain. Emitting tiny electrical discharges. As a particular thought takes form. Hundreds of thousands of neurons fire in characteristic patterns, that can be decoded with HEP electro and AI-powered devices.

In fact, what you're seeing here is my brain activity, while I'm wearing a simple device, like the one on the right.

We're not talking about implanted devices of the future. I'm talking about wearable devices that are like Fitbits for your brain.

It used to be that there was very little we could do tell from EEG activity. But already, using consumer wearable devices, these are our headbands. Or hats that have sensors that can pick up your brain wave activity, Earbuds, headphones. Tiny tattoos that you can wear between your ear. We can pick up emotional states, like are you happy or sad or angry?
We can pick up and decode faces that you're seeing in your mind. Simple shapes, numbers, your pin number to your bank account.

It's not just your brain activity here, that we can pick up. We can also pick up your brain activity in different places.

Like as your neurons fire from your brain down your arm. And send signals to your hand to tell you how to type, move. All of that could be decoded through electromyography.

That's what you're seeing here, a device now, in the form of simple wearable watch, that can pick up that activity. And one of the pivotal acquisitions of the field. Meta acquired this company, control labs in 2019, because major tech companies are investing and helping to make these devices universally applicable in the way in which we interact with the rest of our technology. In fact, the coming future.

GLENN: Okay. Stop.

We are -- we are there, gang. Everything, Stu. You remember -- you remember the -- the crazy days back in the '90s.

When I would talk about this stuff. And it was really, truly science fiction. It was science fiction. It was a prediction from people like Ray Kurzweil, of where we were headed in the very near future. And when you said very near future, it seemed like it was a long way away. You know, it was 2020, 2030, this would begin to happen.

And I've been -- I've been telling you, since 2016, I -- I started to get very, very specific.

That our jobs are going to be in danger. Our jobs are going to be in danger, because things like AI will be able to take jobs away from people.

This is why when I've ever spoken of universal basic income, I have not dismissed it out of hand as un-American.

Universal basic income, as it's been debated, has -- is wrong.

And I do not think it's an answer for anything. I think it will only cause more problems. However, what I have said is, we have to discuss something. Because what's going to happen is these tech companies, like Microsoft, Google, and others, they will start to create things that take the jobs.

You won't be able to have a job. And, you know, if you think that creative jobs. Well, I have a creative job.

We will take your creative job. It can already write and perform vocally and with instruments, any style of music, and you have no idea you're listening to an algorithm.

No idea. Humans are not involved. Try ChatGPT. Ask it anything.

And you can't tell that you're not in an interaction really, with a machine.

It is so far beyond a Google search. These things are going to impact everything. For instance, Microsoft is now working on releasing -- and I guess it's an app. Or a system.

That you say, I want to develop a website. And you tell the AI. Andly it develop it for you.

Already, images can be produced using AI.

You describe what you want to see, and it might in ten seconds, come up with hundred different images.

That could be photo realistic. And 80 of them, might suck.

Ten of them might be eh. But five of them might be really good. This is only going to get better and better and better and better.

So now, what do we do?

Are you comfortable with your brain waves being taken?

Remember, they just told you, that they can get your pin code. Your pin code.

For him it's not a bunch of useless data. They can get down into everything.

Now, if you think that -- if you think this is, you know, something on the horizon, that's not going to happen. You're sadly mistaken.

Because it is already being put to use, in factories. And I'll explain that to you, come up in 60 seconds.
(music)

JEFFY: American Financing. NMLS 182334. Www.NMLSConsumerAccess.org.
(music)

GLENN: Okay. Mortgage rates are coming down, just a bit. They're in the fives.

Which is a lot lower than, you know, what the -- the usual credit card interest rate is. The average credit card interest rate now is 20 percent. It can be as high as 26 percent.

How much interest are you paying every month?

Well, I will tell you, that the people who are looking at cashout refinances of their -- their mortgage, are paying off that debt. At -- you know, 20 percent. They're getting rid of that 20 percent interest rate. And they're refinancing, if you will. At about 20 percent. I'm sorry.

At about 5 percent. That's going to save you a ton of money. The average person is saving almost $700 a month, if they call American Financing. And do business with American Financing.

They will find a way to help you. And even if that's just getting your credit score up, they are in the business to try to find a way to help you.

And if you start today, you can delay up to two mortgage payments, giving you additional savings.

So American Financing can help get that monkey off their back. 800-906-2440.

800-906-2440. Or go to AmericanFinancing.net. Ten-second station ID.
(music)

GLENN: Okay. If you remember, and I don't know how many people do. There was a story out of China, where factories are starting to force their workers to wear hats.

And these hats have this wearable technology in it, that this woman was just speaking about.

Now, this story came out two, maybe three years ago. And it monitors the brain waves. And they can see who is paying attention. And who is not.

It also can give them like a little electric shot, if they happen to not be paying attention.

And it's a little freaky. Because the corporations know everything about these people.

And remember, the corporations are in a public/private partnership with the government.

When she says to this group, at Davos, are you ready for -- you know, wearable technology? To scan brain waves?

The crowd is kind of mixed. You know, you hear kind of, no, not really.

But she's talking to the elites. They're not going to be the ones in the office. They're going to be the ones monitoring everybody's brain waves.

This is why this is so dangerous, to be discussed only with the elites.

They are deciding right now, what kind of technology they will be using to keep us in line. And to keep us productive.

And you're going to have a hard time getting a job, if you don't want this technology.

These are the things that are right here, right now.

How Corrupt Democrats & Media COLLUDE to Lie | Former AG Bill Barr

Why have the American people lost so much trust in the country's major institutions? Former Attorney General Bill Barr joins Glenn Beck to explain how the Democrats' "totalitarian state of mind" has created a corrupt spiral in which power rules over truth and reality in far too many realms. Barr also discusses the Russiagate Hoax and how it ties in to the Democrats and Liberal Media's willingness to lie to create false narratives.

Watch Glenn Beck's FULL Interview with Former Attorney General Bill Barr HERE

This new bill should TERRIFY anyone with kids in California

Calvary Chapel Chino Hills founding and senior Pastor Jack Hibbs is sounding the alarms. Do you have children in the state of California? If you do, this is your warning: if California passes AB 495, you need to move out IMMEDIATELY. Pastor Hibbs joined Glenn to discuss the controversial bill, which Hibbs argues might be the "worst, most dangerous legislation that has ever come out of California." Hibbs breaks down what the bill says, or more importantly, what the bill DOESN'T say, and how the bills vagueness could be twisted in a way that can cause serious harm to your children. If you've been looking for a sign to move your family out of California, this may be it.

Transcript

Below is a rush transcript that may contain errors

GLENN: Anyway, Jack Hibbs is with us. He's from Calgary Chapel, Chino Hills. He's the founding senior pastor. Author of Call to Take a Bold Stand.

And he's been doing that for a while now. He's really been doing that. The book comes out next -- next month, September 16th.

Welcome to the program, Jack, how are you?

JACK: Glenn, thank you.

And thanks for the plug regarding the book. I just didn't have any idea that Gavin Newsom would help me get this book to the front of the line with all the antics in Sacramento.

GLENN: I know. It is. It is crazy. You have been -- you know, we were just talking to Chip Roy, who is now running for Texas Attorney General. He was in Congress during COVID, and the guy was a pit bull.

And Stu and I were saying, you know, imagine if he would have been governor.

When -- when this was going on, you know, in California with COVID, you were probably the -- one of the major people standing, that really made a difference. I mean, that -- that power didn't scare you at all.

JACK: Yeah, no. Listen. I mean, we had to stand, Glenn.

And you know this. Jesus said, I set before you an open door that no man can shut. He spoke that to the churches in the Book of Revelation. And, frankly, I have no authority to shut the doors.
It's his church, and so we kept -- we kept preaching. We kept teaching. And lo and behold, for well over two years, we were the -- the most populated church for a two-year period of time.

Glenn, we were seeing anywhere from 13 to 15,000 adults on a Sunday morning because people didn't have churches open. So they came to our church. And we were grateful to teach them.

GLENN: All right.

You're on today. Because you said something yesterday, that I found astounding.

It's about something called AB495. I will have to have you explain it here in a second.

But you went online. And you said, if this passes and he signs it in, you, as a Californian -- you have to take your kids and move out of the state.
That's quite a statement.

JACK: Yeah. Listen. It made me sick to say it. It's 100 percent true.

It's the last thing a pastor wants to say to his congregation.

It's that bad. As I explained in a moment to you, it's that bad.

And it's not my opinion. I've been counseled by legal on how bad it is.

And so when I said to the congregation.

Yeah. If you have a kid in school, you have to get out.

If Newsom does not veto this bill, you have to go to your kid out of California for their own safety. It's that bad.

GLENN: Okay. So the -- the left, the media is saying, now, he's making all this up.

Explain what's in the bill.

And let me play pushback on a couple of places.

CHIP: Yeah. Absolutely.

So the assembly bill, 495.

And here's the deal. It's known as the compassion bill. It's a bill that Rodriguez and the entire Democrat legislature of California crafted, and now these are my words. These words are my own, Beck. The next words.

It's a bill designed to stop the bad orange man, because it's all about ICE and its operations in California. And here it is: If an illegal alien is -- is abducted by ICE, and their child is in -- in a state school, or a private school.

Or even a -- a day care center, then this bill would allow an individual -- listen, any individual can go to the website, print out the affidavit from their home. They're going to be asked a question: Did you attempt to reach the parents or the custodians or guardians of this child?

Yes or no. Whatever they checked, then they sign their name.

They write their name. No address is required.

There's no driver's license required. There is no Social Security number required. There's no -- there's no phone number required. The person checks the box. Signs the name. And then writes downtown child's name that they are withdrawing from the school. For the child's own safety, under the whole ruse that their parents or parent was captured by ICE.

Here's the crazy thing, Beck. Glenn.

Is that in California, the -- the California education code. We already have this.

It's California's education code. 234.7: In the event of a child not being able to be picked up or taken in fear of a family member, being by accident, by death, whatever.

We already hit this block.

So the reasons we are freaking out about this law, and making it loud, is the fact that, who is that person that downloads and prints out that affidavit?

It can be anybody. The bill literally states, they don't have to be a relation. It can be anyone who is possessing this affidavit, that is downloadable and printable at your own home.

So theoretically, Glenn, somebody could be down the street from your grandkids or your grandchildren. And they can see you go to work at a certain time of day. They know your kid goes to a certain school.

They can go to that school with that affidavit. Extract your child out.

Here's the punch line.

Because it's an affidavit, the school cannot refuse the requester of that child.

When you, Glenn, go back to pick up your child at the end of the day. The school is under no obligation to tell you, who it was. Or where they went.

And that's why we've got -- and I'm not going to name the names yet. But we've got great legal minds. That are nationally recognized, that have reviewed this bill.

And, Glenn, they said this is so important.

In almost everything we do, the devil is in the details. President fine print. They said, not this point.

This -- this bill is so vague, that it would be hard to defend a parent trying to get their child or find their child. Because it is so loosely and so broadly written. So vague. And, Glenn, we have been told that's the worst thing that you could have happen in California's government. Because our legal systems, the judges. You name it. It is a dangerous bill, Assembly Bill 495.

GLENN: How well do people in California know this bill?

JACK: Well, I've got to tell you, on Tuesday, we called an impromptu rally at the state Capitol, and we had 6500-plus people show up.

So the sergeant-of-arms told us, that it was the largest gathering regarding legislation concern in 30 years. So, yeah. Good question, Glenn.

I'm grateful to -- to agencies like NewsMax and Fox, and KFI radio here in Los Angeles.

Was CBS there? Was NBC there?

No. So it's grassroots.

When people are finding out about it. And reading about it. They're -- I mean, they are getting involved.

Here's the cool thing, Glenn: People showed up. They were respectful, but they were loud.

They were smiling. But they made their point.

We had a series of speakers. Attorneys and lawmakers. And bottom line is this: The bill has now been placed in suspension. Which means, they -- they pulled it from its progress.

They are going to reconsider the bill.

It doesn't mean they're stopping it. They're reconsidering the bill. They're going to review the bill. It can either die of suspension. It -- by August 29th, it will either die in suspension, or they will advance it to the Senate.

And then the Senate will rubber stamp it.
Because they're all Democrats. I'm sorry if I'm offending any of your listeners right now: California is a Democrat stronghold.

They have a super majority. They don't even put things to our vote anymore. It's no longer we, the people, in California.

They rubber stamp things through. They get it to Newsom. And here's what I'm concerned about.
I was indicted in suspension, Glenn, for this reason.
They're getting so much heat. We've had four Democrat senators tell us, this publicity -- that on Tuesday is killing us. Hey, that's good news. But I don't want it to go to Newsom's desk, because you know what that sly dog will do? He may veto it and then come out and say, see, how moderate I am?

I put this bill away, so vote for me in 2028. Glenn, we're going to make sure that the Democrats in California. And Newsom at the front of the line wears the scarlet letter of AB-495.

GLENN: What are your plans now, the next two weeks?

JACK: Next two weeks, we have people praying. We have a website called realimpact.us. Please, everybody go to it. You can get your marching orders there. Realimpact.us.

It will show you the progress of the bill.
It's going to show you who to call. What state senator is your state senator. Give them a call. Tell them. Oppose it. Kill it. We are -- Glenn, we gave people, that day, after the public speakers. We then immediately held a 30-minute class at the -- at the State Capitol steps.

This is where you go to your legislator. This is how you lobby them. And let's go!

And hundreds and hundreds of people went to their state legislator on Tuesday and demanded, that their senator and their assembly person speak up against the bill. It was absolutely epic.

Again, the largest crowd in 30 years at the California State Capitol.
(music)

GLENN: Well, Jack, thank you for everything that you're doing. I -- I can't imagine what it's like to live in California, where it seems like every day, they're doing something else to injure the people and the families of California.

That's why I live in Texas. That's why I'm moving to Florida. I would live in either one of those states. But, man, I could never live in California. And I've always wanted to live in California. It was a beautiful, beautiful state.
Now, it's an insane asylum.

MARCUS: Yeah. Glenn, it is. Just flying up there. You know the state well.

Flying up there. So we left John Wayne Airport, absolutely gorgeous. We flew up the Central Alley, incredible crop fields growing, beautiful. I could see Half Dome to my right. We could see the fog along the California coastline to the left.

Come into Sacramento. Again, everything is beautiful. Growing fantastic. Until you get close enough to the ground, to see the devastation, that Newsom has allowed to happen to our cities, to our towns.

And even though we're still growing crops in California, that is in spite of his wickedness to cut off water to our growers.

To make life here as miserable as possible.

And this guy wants to run for president?

People need to wake up, Glenn, nationally.

And rally with us.

Because if you don't like California, people.

You need to help us. Because Newsom is coming for America.

And he's in the worst possible -- Glenn, I'm concerned.

Because he's tall, dark, and handsome, so to speak. He's got the hair. He's got the voice.

He looks like Batman. He's cool looking. Until you listen to his policies. The guy is diabolical, and we must stop this advancement of wickedness.

GLENN: I will tell you, I don't think the rest of America is falling for it. But then again -- then again, I didn't think that you could have a socialist and Islamist run and win in New York.

So what do I know?

Jack, thank you so much. Everything that you do.

You can go to JackHibbs.com. What is the -- what is the other website you just gave me?

JACK: Yeah. Real impact.

Like real. Reality. Real impact, like a punch. Impact. Realimpact.us.

GLENN: Thank you very much, Jack.

Bed Bath & Beyond Boss CALLS OUT Gavin Newsom for WRECKING business

Bed, Bath, & Beyond Executive Chairman Marcus Lemonis sparked a firestorm in Gavin Newsom's Press Office yesterday when he announced that Bed Bath & Beyond, which is coming back from bankruptcy, would NOT be opening locations in the state of California due to the high costs of doing business in the state. Gavin Newsom launched an attack on Lemonis, but he joined Glenn to share that he's not backing down, and many CEO's in the industry may be on Bed, Bath & Beyond's side here...

Transcript

Below is a rush transcript that may contain errors

GLENN: Marcus Lemonis is joining us next, the chairman of Bed, Bath & Beyond. Let me tell you about Tunnel2Towers. Imagine being told that your husband or your wife, the love of your life is not coming home tonight. Or ever again.

That they gave their last full measure of devotion as a first responder or a soldier or police officer in the line of defense. You don't just lose your partner. You could lose the roof over your head now. Your kids, not just losing their family or their father or their mother. But also, the house they grew up in.

Lose the future, the security of your family, you know, needs.

You're having to worry now about grieving while worrying about, what is going to pay the bills next month?

Not on our watch!

That is the movement of Tunnel2Towers. Tunnel2Towers is a fantastic charity. It's a national promise, that the cost of freedom and safety will never be carried by these families alone. They pay off the mortgage. They take care of these families. And he this never forget the sacrifices of our country's grates heroes. Donate, while the rest of the world is saying, you know. Cops and soldiers, and everything else. Screw off.

They're asking to you donate $11 a month, to care for these heroes. T2T.org. That's T2T.org.
(OUT AT 8:29 AM)

GLENN: Marcus Lemonis. He's the executive chairman of Bed, Bath & Beyond, and he's currently in a -- some sort of a fight, if you will. I don't think he's fighting it. I think he's reacting like a gentleman and a businessman, with his responses to Governor Newsom, but he's in this argument with Governor Newsom. Because he said, yesterday, Bed, Bath & Beyond just cannot do business in California anymore. It's just too expensive. It's just too overregulated. It no longer makes sense for Bed, Bath & Beyond.

Welcome to the program, Marcus.

MARCUS: Good morning, how are you?

GLENN: I'm very good. I'm very good. I just want to point out before we go. Because I think this is important to say.

Because you started yesterday saying, this is not about politics. And I just want to point out, that you're not a Trump supporter. You know, in 2017, you came out. And I'm not going to go through it because you went back and forth and corrected and everything else.

But, you know, you criticized what Donald Trump said in Charlottesville, when it was thought that he had said, you know, hey, and the Nazis are pretty good too.

Which we all know because the full audio and video is out. And we can show that's not what he was talking about at all.

But you came out, as did a whole buttload of other CEOs.

And said, you know, if that's what you believe. Then, you know, please.

We tonight necessarily want you shopping here.

So it's not that you are doing this because you're a big Trump supporter. I -- when I saw your name attached to this. I thought, no, no, no. This is about business.

Because he's not on either side on this.

MARCUS: Yeah. I'm not on either side --

GLENN: Is that accurate?

MARCUS: Yeah. It's kind of accurate from a historical standpoint. It's not accurate from a modern standpoint.

I think as time has gone and the facts have been revealed, and things have played out and moves have been made by this administration. That I think advanced business. And advanced the American, you know, citizen. In a way that I think, it puts us back on track.

I would say that I feel very differently today, than I used to. And that's really not an emotional reaction. That's an intelligent reaction, and just looking at what the administration is doing to try to deregulate business.

Not to the advantage of -- of a worker. And not to the disadvantage of anybody. But to the training of capitalism in our country.

And to the advantage of investing in American business. And, you know, just as a reminder, Glenn. You and I met a long, long time ago when I had the profit at CNBC. That, you know, can't be -- and I've been through hell and back, trying to defend the flag from the same kind of ideology that I'm seeing out of California.

Which is, your flags are too big. They're not approved. And everybody does a little research. They'll see, that cities have sued me.

Cities have threatened to take me to jail. And the flag still hasn't been taken down. What you'll find with me is I'm trying to be really pragmatic. I also happen to be a resident of Chicago. And if anybody wants a preview to the movie of what's going to happen in New York City, come to my apartment on Michigan Avenue. And I'll give you a preview of what's happened and how socialism is just crushing not only my personal property, but other businesses around.

So I would say, as one gets smarter, one gets older. One learns more. One listens. But, you know, you evolve as a human. And I want to make sure that we're clear about that.

GLENN: I have to tell you, I -- it doesn't change my point of view that this is about business.

But I'm so glad that you cleared that up. Because, you know, that's all people should be striving for. Is when there are new facts available, you will actually say, oh, wait a minute.

I didn't see that.

I didn't know that.

MARCUS: I was wrong. I was wrong.

GLENN: And that's so rare.

So thank you for that.

MARCUS: Yeah. Yeah.

GLENN: So, you know, let me give you -- let me give you another slam from the left, or from, you know, the people on Twitter.

And even Gavin Newsom.

Oh, you were out of business. And this is just a business move to get your name out there. That's the only reason why you're taking California on.

MARCUS: Yeah. Well, let's talk about that. Number one, you know, I took over, a company called Overstock about a year and a half ago. And Overstock was a business that had been out there a long time, and they bought the intellectual property in the fall of '23 from the bankrupted state of Bed, Bath & Beyond.

And the reason that I took it over, is because the company had lost its way, was losing a lot of money. And I recommended to the shareholders, that we would get back to profitability. And as part of that, Bed, Bath & Beyond is a significant underpinning of that. And so I needed to remind both Governor Newsom and other folks, who, you know, were celebrating the fact that Bed, Bath & Beyond had gone out of business, were celebrating that Bed, Bath & Beyond had filed bankruptcy. And it's true. It's a fact. As I told Hannity last night, it happened.

The reality of it is that American is built on the modern day comeback, and we've invested hundreds of millions of dollars in Bed Bath. We run a billion-dollar online business. We bought a business called Kirklands, that is out of Jackson, Tennessee.

A family business, and we're using those 300 stores to convert. Fourteen of them are in California.

I was disappointed to see Governor Newsom, in my opinion, just the kind of level of professionalism. Instead of saying, you know what, I don't agree with your points.

And I think you're doing this for the wrong reasons, or whatever he wanted to say. However, comma, I would love to figure out how you and a bunch of other business leaders can tell me, as the governor of the fourth largest economy in the world, as he likes to remind us every single day, how to make it the third largest economy. And what I could do, what -- what things are out there, that I'm willing to comprise under, that I'm willing to help understand, that will drive investment back into my state. That will drive capital back into my state.

That will fill commercial real estate, back into my state, to appreciate commercial properties. Residential properties and be to drive value.

Because as the governor of the state. My job is to protect my people.

I get it. Fine.

But also to create positive cash flow for my state.

Which means I generate more than I spend.

But I don't want to do it on the backs of creating another nonsensical tax.

I didn't get that.

And that's really what has made me convinced, that Governor Newsom is not doing things for the benefit of California. He's doing things because he thinks that his so-called base is going to rally around his nonsense.

GLENN: So can you -- have you heard from other CEOs? In the last 24 hours?

Have you heard from anybody else in California.

You don't have to name names. Say the same thing?

MARCUS: Yeah. I won't. I've heard from very, very significant tech leaders in the state of California.

Asking if there's a way for them to set up with a meeting with Governor Newsom and myself.

Of course the answer is yes.

But they all acknowledge the silliness behind appointing capitalism and rejecting capitalism. And essentially, it's this dirty word.

And everybody who wants to make money or experience success is a bad person.

And that seems to be the theme that's coming out of the governor's office. Particularly with his -- I guess it's his intern-run pressroom Twitter account. Or whatever it's called these days.

GLENN: So this is not a final decision with you.

He could do something to change your mind?

MARCUS: I think if Governor Newsom was -- was really thinking about the political run and running a state that he believes -- is a super state in the country.

He would invite myself.

Maybe not me.

Maybe I'm not qualified to be in a room with him.

But other CEOs to say. Hey. I'm hearing this.

And I want to learn. I want to change.

Much like I said to you at the beginning of the conversation. What facts too I not have?

And how can you convince me, how I can do better? How I could learn more. That's the sign of a good leader. That's a leader I want to follow.

And that's I think, even, if you take a look at our current president's -- I think he's got a different tone in the second term than his second term.

And I couldn't be convinced otherwise. It feels far more collaborative. And that's what I'm looking for.

GLENN: Yeah. The -- let me play the opposite side here for a second. And to say what Trump is doing. I -- I see the regulation.

I see what's -- what -- he's doing to business. And thank God, it's a -- I can finally breathe again, as a businessman.

However, if I'm in your business. I would assume, you get a lot of material. A lot of -- a lot of your products from China. How -- how are the tariffs affecting you?

MARCUS: Oh, we've diversified our products. And the one thing that when I came in made it a bit of a mandate. And it's a balance between providing value to our shareholders and doing what I think is right.

You know, I come from the RV world, where we make everything in Indiana. We have employ tens of thousands of people, that make products in this country.

But there are parts and pieces that come from overseas. And the reality of it is, that until manufacturing in the US is -- is set up and can handle the capacity, in the short-term, there is an alternative sourcing.

And that applies to furniture and lighting.

And certainly tech styles coming from around the world.

And the tariffs aren't great. And I don't think Trump would even try to defend they're great.

It's a rebalancing act. Here's the thing I mentioned, big money the other day. If you're really thinking about the triangulation of how Trump is approaching, rebalancing everything.

Whether it's using energy as the leverage to bring Ukraine and -- and Russia to the table.

Or using tariffs to bring other world leaders to the table.

It's all really -- being done, in my opinion, to recalibrate America's position, both politically, and financially, in a way that -- that may change our dominance.

GLENN: It is. You know, I think that is -- I think you were spot-on. And you were seeing that with the way he handled Ukraine.

You know, he went in tough with the tariffs over in Europe.

And with NATO. He was tough with them.

And then he then said, you want to support Ukraine?

You can buy the stuff from us.

But you have to do it. But we'll provide it to you.

And now look at all the world leaders are at the table.

America is leading again. Just not spending all the money and doing all the work.

We are in the actual leadership position, which is remarkable. And I think he's doing that in every -- in every category.

MARCUS: Yes. And I think -- I think the one thing that this administration can knowledge is that the national debt is at a level that nobody believes it should be at. And the deficit is at a level that nobody believes it should be at. And it's a very complicated, but not overall complicated math equation. We have a certain amount of money leaving.

And we have not enough money coming in.

And the way you rejigger that is to find the balance.

And nobody I know, including myself. Will argue that the tariff execution in the last six months has been perfect.

I don't even think this administration would argue it's been perfect.

It's been herky-jerky on the market, Herky-jerky for business leaders. And at some point, we all pray that it finds its footing, at some point.

And nobody should try to convince anybody, that the consumer isn't going to be slightly pissed.

But the balancing act of being slightly fixed on the tariff's side, is what sort of relief could happen on the variable interest rate side. And that's why you see this other piece being triangulated around.

Where is the monetary policy? And how can that be modified to provide the relief to offset?

GLENN: Let me ask you: Are you as a pretty influential business leader.

Are you -- what's your outlook look like for the first half of next year. People are kind of holding back. Holding their breath. Not sure what to do.

Are we headed towards better times?

Or same kind of times. Or worse times, do you think?

MARCUS: I think we're headed towards unfortunately, probably, a little bit more of the same, of what may be extracted from that is a little bit of the volatility.

The consumer does have, you know, a significant amount of debt.

And they do have a significant amount of pressure because of the interest rates. The balance on the interest rates are, you can't just rip them down by two points tomorrow. That's going to create chaos.

You have to stair step it down. And like in retail or any other business, you test, then you measure, then you test, and you measure.

And I think what Trump has been saying and what Bessent has been saying, is we just got to get some relief for consumers. One point, Glenn, that I want to make. And inflation during the COVID period was a function of too much money in the system.

Too much free money in the system, and demand outpacing supply. In this particular instance, we don't have a demand outpacing supply problem. We have a reset of the cost of goods problem. And it's a different type of inflation.

And some people have said to me, that's the stupidest thing I've ever heard.

There's only one type of inflation.

And the truth is, that's not right. Inflation driven by demand, outpacing supply, is a runaway train.

Inflation, because you're resetting and recalibrating prices. When supply and demand are irrelevantly tight in nature, is an adjustment period.

It's transitory.

And you have to really look at the difference between the two. And I think the fed needs to understand the difference between two of those.

Again, that's why business leaders should be far more involved.

GLENN: Marcus, it's great to talk to you again.

And I have to tell you, I think that's the first time anybody said, this inflation is transitory, that I have agreed with.

Really great analysis on that.

Thank you so much. Marcus Lemonis from Bed, Bath & Beyond.

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