The word of the day is “transitory,” as Bank of America warns that “transitory hyperinflation” is coming. But Glenn warns that this may be only the beginning — who’s going to bail out the federal government? Glenn shares ways you can prepare for a massive economic downturn. Farmers are suing the government for racial discrimination, claiming that white farmers are barred from getting “disadvantaged” farmer loans. Dairy farmer Adam Faust and his legal counsel Dan Lennington break down their case. President of the Asian American Coalition for Education Yukong Zhao joins to share how Asians are overlooked by the Left’s narrative of systemic racism and where the real discrimination against them is coming from.
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
May I suggest that in that
thirty minutes next to our two half for sure. You are going
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it's an eight hundred nine zero, six, twenty four forty, what's the word of the day, transitory ends adoring! Oh, it's gonna take on all kinds of new meaning for you here in just a minute. Stand by the show begins
would you back
America. Welcome to the programme. First things: first,
Governors, Santos Santas.
Governor to Santas what you're thinking eyes governor death. Santas writing. Well because of what we are doing. Killing old people centred is the
God, Almighty sets out we're start. Stop the music stopped the music. Can you go back to the beginning? Let's just go back
can you do that in relation to the real?
in back we're just stations edit. This part out. You pick
this is ridiculous. I mean I am a famed broadcaster go head start all over again
Radio Hall of Fame by the way? What's your point out what you say your in the radio,
I know and well that's why we're editing
Ok, yeah signals are now that one can also turning over.
when you were not exact same, determines the Goin back.
come on? It's like we just did this welcome to the programme first things. First, governor dissent is
Yes,
Thank you
not only returning everything to normal, but he also stopped these
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Florida is no longer in a state of emergency, every state must and their state of emergency
understand. Why here coming in a few minutes, I am going to teach you a new word today.
You ve heard it a million times, but now it's everywhere and there is a good reason. What's the word of the days do Trend
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eight hundred five hundred eighty three, eighty four, eight hundred five hundred eighty three, eighty four, it's relief factor not tomorrow night on Glinda, Pv Americans are constantly told conservatives want voter suppression, police or systemically racist equity. Trumps equality was the truth. Is America a racist nation when investigating the big lies from the left, shares the real data on police violence and debunks the race bakers that continue to divide our country to get the facts to fight back tomorrow night nine pm Eastern only applies to be dotcom slashed when it's gonna be a great show tomorrow on Blaze TV, please, we need your support. Now more than ever, join us had placed
you dot com, slashed land, use a promo code Glenn and save on your subscription. Ok too,
It is a day I hoped would never come. Today is a day
that I need to tell you something really seriously. I ask that you give me ninety minutes today. I know it's a lot to ask I
not gonna to I'm not going to lead with a sexy headline? In fact, I'm gonna spend the first couple of minutes,
bring you perspective of what other people are saying, but I think
When you see the credibility of the people that are saying what I've been telling you is coming, you will
understand. I need to spend the time if you don't have the time now I ask that you listen to our podcast today and make
sure you get the full story on the economy, that's what we're going to talk about and the word of the day: transitory, transitory.
do what's transitory mean short lived,
comes and goes com isn't. It goes comes and goes now. You're gonna hear that
everywhere everywhere, when people are too
About the economy, because they're gonna start to tell you that our
inflation is transitory, not a big deal. It comes and goes
Sk GonNA, be here for a while mentally gone transitory.
Let me give you now quickly the headlines that show you what the main stream, what you
friends and neighbours, will be told
This is from the New York Times widespread commodity shortages. Raise inflation, fears this,
story about how lumber is going up and in copper and everything else, the FED, the fair
the president of the New York Federal Reserve deliver
a message yesterday, his name is John Williams, he's one of the top affair,
goals at the? U S, central bank. He says that inflation,
is going to run above the two percent target for the rest of the year yeah, but he expects
inflation- to subside to two percent by twenty twenty two,
as things really kind of reopen in everything comes back to normal, so it will be transitory influx
and he also says- and I want you to take this seriously- because I am not claiming to be smarter than the people who have actual degrees in these
these topics. I do believe that I come at this from a different angle because I haven't been per
rationally and carefully taught about how these things work.
I use common sense and common mathematics. He said
it's important to overreact to this volatility in prices resulting from the unique circumstances of the pandemic, and instead
stay focused on the underlying trends of inflation
so we have had good inflation numbers for quite some time and that's been the Tran
This one is transitory its
because we shut down the economy, and now everybody is coming back into place. Transitory, predatory.
Kay, transitory inflation. That is a good possibility
of what he saying. Look the world has been shut down, so we have a shortage of stuff, and so it's gonna get real
expensive, but then, when the world starts making things and goes back to normal remember the world has to
go back to normal when the
old goes back to normal.
the prices will subside- know though, come back to where they they should be. That's the theory.
What causes inflation stew?
too many dollars chasing too few goods. Ok, all right! So we,
people what's gonna happen is his theory is we have? We have
people that have been pent up inside and there
go outside they're, gonna start spending their money, but because
they ve been inside, nobody's been making these products right and so
oh because they're making these products
Making these products are going to feel goods for too much cash
What are you normally due to curb inflation
Usually I got interest rates. Why would you do that? It's getting caught
people to want to save money more and not spend it action
de the reason why interest rates CUP go up is because the bank charges let safe
five percent interest, but the FED may charge ten percent interest. Okay, so then the bank has to charge twelve,
set, so they get their two percent, but that
so that money goes back to the FED to be burned. Ok, so you
You pull all of this extra money back in you have too much money. So you pull back in that's important because
We ve just printed nine teen.
Trillion dollars. Ok,
our thoughts, transitory, here's an
their federal reserve president. This is Thomas Barkin telling CNBC yesterday. I think you're gonna see
Ice pressure this year is a strong demand situation and you ve got
strange in supply when those things happen, you're going to see price pressure, price pressure as
fancy way of saying inflation when you don't
on to say inflation.
Inflation is a recurring phenomena. He said prices go up this year, prices go up next year, either
it's fair to argue the question, whether the combination of supply chain constraints and
stimulus driven price increases actually river next year. So he's he's not
sure it's a fair argument to say, may not be transitory, ok
gimme, some just the stats
Ah,
If you have a used car, the vow
oh you of your used car in the
ass twenty four months has
and more value than the.
didn T five hundred
There is a shortage of you.
Used cars now
their spinning this, as this is
great, because,
A car is gonna, be worth more solo, traded in and though by a new car, but why
People buying used cars. Why
The value of a used car going up.
Instead of a new car.
If we're flush with cash.
Over the past year, we have
more money into the financial system than ever before.
Bloomberg is a little more honest using the term when they talk about rising prices instead of inflation. They're talking about
skyrocketing commodity prices, what does sky
getting mean lumber up?
two hundred and sixty five percent crude oil up two hundred and ten gasoline one hundred and eighty two
heating oil up a hundred and seven corn up. Eighty four percent: do you know how much corn is
used in almost every thing, from corn syrup to cornflakes. Almost everything has corn in it. Copper,
eighty three percent, that's just the beginning, soybeans. Seventy two percent silver, sixty five sugar, fifty nine cotton, fifty
four percent natural gas up
forty three wheat up, nineteen and coffee up, thirteen percent
These numbers are called
supply chain disruptions and transitory
Increases transitory, transitory. Ok, that is the Good NEWS.
That's the defence that is the hey. It's
transitory,
Yes, we'll have, maybe even so,
rocketing prices, but these things
Come and go from Bank of America last week. Sorry
Two weeks ago they had their latest earnings, call commentary. Now: Bank of America you
want to understand list
who's to earning calls for the stock market and what,
earning calls. Arts corporations the CEO Cfo. They give the report
they say: hey here's. What we're experiencing this is. It helps people look to the future
reviewer
buying into the stock market. Part of the entire
in Zeke value. Now is not how much a company is making not based on anything real actual. I can count it right now know we're looking at future earnings.
so now, two weeks ago,
Bank of America said that and I'm quoting but
go up. Inflation is here, end quote
showed a chart of the number of mentions that seals or see if those made on their earnings call- and it was the biggest jump in history.
Since Bank of America started keeping record of these it
exploded more than tripling the year over year per company.
and then
they said two weeks ago,
mentions of inflation on calls more than tripled. So far, point
to higher inflation. End quote: ok! Well, we all know that, but they're not talking about what's right now they are talking about,
the future. So if you know what I know, inflation is here. What is
What are they sang for future earnings now that way,
oh, so late,
last week. They needed a bigger chart. This time Bank of America right
it's after the third week of earnings mentions of inflation have now quadrupled year over a year, and
after last week mentions have jumped nearly eight hundred percent, so let me have them
Explain what this means. I'm
reading from the Bank of America Report.
inflation trends running hot as margins hit record highs. We now
the during week to that mentions of inflation quadrupled euro per year.
After last week mentions have jumped nearly eight hundred percent year over year exhibit ten on an app
Salute basis mentions skyrocketed too near record highs point
two at the very least
transitory hyper
inflation- I head again
This is from a Bank of America's earnings report. The report on all of the earnings from companies point,
king to quoting at
the very least trend.
the Tory huh.
Per? I had not worry, they go on
inflation risk is most prevalent in materials.
Consumer sectors and in
Austria ills.
So
you're buying ring net doves,
you're gonna be fine
don't worry high per inflation. According
to Bank of America. Hyper
Inflation which is
The very least we'll be transitory wiping
generally speaking, genocide is also trans stories.
not comes girls, go and comes, it goes a start doing genocide, and then they stop you, don't we
happens for awhile. Why say,
genocide when we should say Hitler engaged in
transitory genocide,
ok. So what does all of this mean? And what do you do.
In forty minutes. Thirty, eight minutes from now. I will give you a list.
of things. To do by
There is more that you need to understand. Please don't
go anywhere. If you have to please get this epoch,
and share this episode with your friends.
if you are prepared, you
will be better
and everybody else.
Better than everybody else, but you need to prepare
Transitory! Hyper inflation is coming
back in a minute
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When I talk to you a little bit about taxes here quickly,
the wealthy may face now under a wealth tax.
Sixty one percent tax rate, sixty one percent on inherited wealth,
There is also a marriage penalty under buttons new tax play
that is coming
if you are a single person, you make four hundred fifty two thousand dollar, seven hundred your fine
you, you will not be paying more tax at what you yeah. You see. He said not a penny more ah, but if your mom
Worried and your wife or your husband make some change. That number is five hundred and nine. So
If you're married to a successful person, remarried somebody's making seventy grand
It actually behooves you not to be married
so now we're having a marriage penalty. Tax
it is really interesting because isn't the latest stimulus the the family act
It is supposed to be strengthening our families, but this does exactly the opposite. It does not strength
our families, it's almost like the government, is drying
dismantle our families prisons,
Do not miss the next twenty minutes
Let me tell about life lock the door
It is bad in the scamming world, it's called ghost tax preparers and there are doing themselves. They prepare your taxes by won't signed them as paid tax. Prepare that would be
a red flag that might be the victor
of a scam or even a refund fraud. You have to
understand, what's going on in today's world and how all this stuff affects. All of US life locked
a wide range of identity threats, most of which you are going to miss, they might miss something as well.
Everybody. Will there
just so much going on. Nobody can protect you at all times, but here's
This thing lifelong now
we will put you on to alert and they're watching all of it
they also have access to a dedicated restoration specialist for you. So
something goes wrong there there to help clean it all up and it's a mess.
Five percent of your first year at life, locked outcome with a promo code back one, eight hundred lifelike one, eight hundred lifelike or lifelong dot com promo code, back save twenty five percent now
and had over to blaze. Tb, dot, com, Slash, Glenn, promo code is glad meal. Save ten bucks off your subscription to police tv before he hyperinflation pits
he Glenn, but this is the Glen by Programme were glad you're here,
today we are talking about at the very least, and I am quoting bank of america-
at the very least,
Friends, transitory hyper inflation comes and goes ok now,
I hope you have a plan with what was it
didn't like I don't know. I think you're all probably going to die. I don't know I do have. I do have a plan
things that I am doing personally and I highly recommend I just gave planters.
Pat, he just walked in a little white
And- and I gave him a plan for him and reasonable-
We ask for an area, so
we have that coming up here in just a minute. First, I won
to talk to you about another pressure, our gut.
meant is not just printing the money
Somebody is on the hook for that money and right now,
the Federal Reserve
the Federal Reserve is not part
of the american government
the five largest banks in America. That's
HU, the Federal Reserve is, and if you think the five largest banks are just going to take it and
left, holding the bag you're mistaken most.
People are aware, I hope
that the Federal Reserve and the government have pumped trillions of dollars into this economy. Just because
cove id they ve done it,
through a combination of things for
cash provided by the government to individuals free, remember that for
global loans to businesses, hundred
Of billions in loan forbearance on mortgages, meaning you would
defaulted, but they said no hold off. Stew
In car loans forbearance as well, and a myriad of other spending that adds up northward of twelve.
Point four trillion dollars in direct covert
Nineteen stimulus and nineteen trillion in total economic stimulus, including money,
That is not directly tied, Cove in a good deal of the deficit.
has been taken on by Uncle SAM and it was done.
Correctly financed by the Federal Reserve. So what does that mean that
means the Federal Reserve purchased themselves. U S true,
three bonds, but they purchase.
them with bogus money. They printed the money bought the bonds.
Then put that on their records. As you know,
So we have these bonds as investments, but they don't want the investments. Listen to this
The FED his usually held a small amount of Treasury bonds around two hundred and twenty billion
in two thousand seven before the crash, however asked?
the crash of await the feds.
Holdings of U S. Treasuries went up to four trillion dollars as the FED
Printed currency to bail the big banks themselves out now fast forward. The
emergency of covered nineteen they have now purchased.
other three point: six trillion: in: U S: debt, given
uncle SAM three and a half
trillion dollars to spend. However, he wants the net
salt is the FED now carries over seven point: five trillion dollars in: U S, bonds! Let me
the five biggest banks YO under the banks are too big to fail low. How come make it came, bail out, they're getting bailed out because they get a dirty
little deal going on with a government, their financing, our power
petitions debt. That's twenty
five percent of all of our debt held by those banks and they bought it with
ever coming to you, so
bailed out the married. The major corporations we build.
mortgage companies. We bail out the banks. We bailed out the airlines, the crews industries college. U S! Consumers, small businesses VIII, a PPP farms in ranches.
Who's gonna bail out the bear. The FED.
Believe it or not, there is a plan for this, but first
have to get yourself into the mindset of a central, planner
fear. Conservative, you
views. You look at the world differently. You look at. It is indeed
jewels and individual ownership, but if your sent
planner you, don't you see pools of capital,
according to Alan Greenspan in his remarks in two thousand five pools,
of capital, that's all
that money is or pools of capital that add up to a whole and
whole can be allocated as needed during times of crisis. What does that mean? I mean I
hey, there's pools of capital? There's money in? U S! Banks bank accounts, there's money in the stock market. There's another pool of retirement accounts inventions, but their privately.
owned and, yes, they do add up to the whole economy, but the girl
It doesn't have access to that. Oh don't they.
Statists see these pools of money as untapped assets. The fact
that it sits in your pension fund or your bank account doesn't matter, that's an that's a
an asset that can be tapped for growth
You think you own your money. Think again, the bail out of the FED
Currently there are nine trillion dollars worth of pensions in the: U S, both public and private. That's the teachers pension, the police.
the fireman, the railway workers, the plumbers, the carpenters, the Blue Collar Union pensions.
The pensions allocate funds for investments to continue to grow, to meet retirement benefits of the pensioners so pension,
managers invest in stocks in bonds and mutual funds and real estate guy. They remember
those pensions to be able to say solvent need a return on their investment of at least seven percent. Any
below seven percent can cause the pension to collapse.
As of the end of twenty twenty. U S. Pensions held fifteen percent of pension funds in domestic government bonds. Now that includes local state and federal bonds, that's down they used to
put thirty one percent invested in government bonds and two thousand eight, but now
only about ten percent of? U S. Pay pensions are really invested in government bonds. U S government bonds, its around nine hundred billion or so
the reason: why is because our government bonds only pay about one percent interest, so Europe? Yours
six percent away from making enough money.
So here's how the bail out starts beginning
in twenty twenty two, the you
US government is requiring
U S pensions, to reallocate investments required,
a minimum of thirty three percent or one third of all. Pension funds invested
in government treasuries to me,
The requirement pensions are gonna, be forced to liquidate stocks, real estate and other investments, and shift over to United States
government bonds, here's the kicker
as part of the emergency powers activated by the
executive order because of covert nineteen, the fad
unbeknown to almost every one was author
is to sell bonds on the open market for the first time. They could only do that to banks before
so they have all these treasury sitting room hooligans,
Onto the bag stolen by and they are the banks now
because of the emergency they're allowed to sell those bonds tat. Anybody will yes who
FED can now seldom to LE pen.
In funds. This is a dirty dirty dirty deal
So how does the government at the pensions to play along
lose money right. They know
they're, going to collapse if they can't get a seven percent return.
So what are they? Gonna do easy thing
I did states government has the best
fit guarantee corporation, which is now
the FDA, see except for pensions, so the United.
States governed member, I told you they would do this. Do remember this.
Two thousand eight. I said the government is going to bail the pensions ass, the gun
now is on the line for all of the pensions. So if they don't
their return. Don't worry. The government will pay for the pensions
can't pay for social security and their taking on the union pensions? Tonight? Shell game.
Nine trillion dollars in; U S guaranteed pensions, also pools of government. You know that take a look
We know in their Balan strategy, you have an eye re or for one k, these are not part of the plan. Yet habitable
mortgage with home equity is part of a pool that maybe they could access saving.
Are checking account. Is that a pool of money that we could almost make
and derivatives. When I can actually take the money
but we're gonna borrow against that money.
Do you see what's going on.
these types of required government bond purchases exist.
This is not a new thing is just new to us. Never happened before where you have a pension
and you have to buy? U S? Government bonds never happened.
Or in the United States.
It has happened elsewhere. China.
Venezuela, they have this programme
I D States now has this programme. What are you gonna do with your money? We have plenty of money, but nothing. Our money can buy transitory inflation, fleeting transitory, hyper inflation according to Bank of America. What are you gonna? Do we go there next, at the top of next hour, do not miss today's show. I think its critical, that you
listen to today show and if you have to go someplace you have to turn out now then listen to the podcast make sure you listened to the podcast and share this with any fresh
and that you know actually cares about these things. This has nothing to do with politics. This has everything to do Ronald Reagan too.
about this too, as he was running up huge tat. He said: there's gonna come a time when work
going to have to make choices and we're not gonna. Like any other choices. Will I got news for you
We're pass that now we're pass that what's coming and how to prepare,
in just a minute are living
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they give you another story. They came out yesterday completely unrelated the: U S
on profit. Digital dollar project said
yesterday. It will launch five pilot programmes over the next twelve months to test the potential uses of a. U S central bank digital currency, the first effort.
of its kind in the United States. So this will be a digital currency back
by the United States government. What could pie
simply be wrong with that in the ditch.
Dollar foundation. Annex censure, are putting the digital dollar project together. It is.
research into a: U S: Central Bank, digital currency. These
and real banks around the world, including in China and Europe, are revving up its central bank, digital currency projects, to fend off threats from crypto currencies and to improve payment systems
as guardian of the world's most widely used
currency. The Us Federal Reserve has been moving more cautiously, but it is now working at a fever pace to be able to catch up. Apparently, isn't that wonderful? I mean, I think,
I miss the point of a digital currency. One of the reasons you have a digital currency is because you don't trust the government and the government, the bases its currency. That's why you would have been
one day? I don't think they missed that. I think the heavier.
Very aware that people might figure it out and they better come up with
some other way to stop. It is the biggest risk of curved Oprah.
probably probably so you got that go in for
by the way this would give
central Bank total control. Another there
saying what great is they can just put money stimulus, money right into crypto currency right into your account, because
have all the numbers. I have everything they need so you're not gonna have to wait for years.
Ex refund you're, not gonna, have to wait for stimulus money either. Just put it right directly into your account
Some lucky Americans are gonna, be the first to be able to try this out this year. So maybe that'll be you. Oh. I can't oh, please call me.
But I just want to remind you if they can put it into your account and of course we know they would never do this.
What is the old saying he that Giveth can take it the way if they can put it into your account and again
they would never do this.
Just as easily take it out of your account, let's say if you were doing something horrible, just horrible, like I don't know using horrible language,
that is so dangerous saga about hate speech? Are you well that's illegal for Thou voting for Donald Trump I'll, just be valid horrible horrible
I think that this is why the currency
decentralized. Exactly right is that you cannot have a central authority is pulling out of accounts that they, while the people of the world are pushing to go smaller and more individualistic, the governments of the world are pushing to go bigger. We are
where at the point now, where we're going to decide one way or another glance programme, let me
tell you a little bit about rough greens ever since we put rough greens down in the bowl, for you know, he has changed and the first thing a changed he wanted to eat
was it was crazy. We used after we
do it sighing people defeating
Like all. It's not my turn to feed the dog, and it's not because we're lazy, because you had a sitting for twenty minutes and not move otherwise he'd stop eating
I dont know what your dog is like eating. But if you put rough greens on Unos food, he snarks, whatever I could put a brick into- is to end he would eat it. If I had rough greens on it, rough greens,
probiotics omega oils, vitamins, minerals, it doesn't just taste good as I do.
Crack for these dogs
but it is also really good.
your dog and that's what you're really see over a couple of months of using rough greens. They want you to try
free, Brett bag of reference, I'll send you just a little sample just make sure your dog will eat it. If your dog
sit and likes. It then order a real bag of rough greens and you're gonna start to see the changes in
what over a year, my dog is just not the same dog rough, green dot com, slash back till there now
entertainment, the Klondike Programme
again. He is sick twisted free. I want to put you on a full, fledged duct tape warning this is not Europe. Would you agree with this work? Yes, it's full fledged. I shouldn't on this last our full fledged warning, wrap your head again duct tape, because it just might explode. We begin in sixty seconds. Well, let me too,
about when we talk about relief, factor Penelope,
he lives in Texas and over the years she began to get a little older and she had aches and pains rather body. She found she couldn't
walk upstairs without having to stop every little bit. Why God invented elevators?
And I hope part of the new green deal is an elevator in every house.
Anyway Penelope, Listen said the programme she's too early start talking about relief after a while back decided agonized will give it a try. Why not? You know Europe
twenty bucks. If it doesn't work for you, if it does work, you get your life back. Well, you know the story.
within three weeks, starting take relief factor. She
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Five hundred eighty three, eighty four, it's relief factor dot com tomorrow night on Glinda Tv Americans are constantly told conservatives want voter suppression, police or systemically racist equity. Trumps equality was the truth. Is America a racist nation when investigates the big lies from the left, shares the real data on police violence and evokes the race barriers that continue to divide our country to get the facts to fight back tomorrow night nine pm Eastern only applies to be dotcom. Slashed Glenn
so TAT day is a good day to listen to the podcast. If you're just joining us, you really
now I do want to use. The word want want to listen to it.
I think this is a you really need to listen to the podcast today
it's a weird day for student. I because we ve been talking about this for ever for ever
and it's finally beginning at least in transit,
anyway, transitory transit terms, and it goes I'm
I am interested to see gives you you promised at some point a solution furthest. I do. I am fascinated to hear that, but the problem from
To summarize here. Let me see if I had this correct
Prices are up pretty much everywhere.
people are noticing that right, they're going to the gas pumps they're gonna go to the grocery store. You notice it it's a lieutenant words noticeable to average people, but that's also,
very noticeable to the economy as a whole. Big business people say,
business people, everybody's filling them at all at the same time. So that's going up
We have spending going up, not going up by which a hyper spending will
Piper sped hyper spending. We have spent the last year last twelve months night, too
Jeanne trillion dollars.
It is the size of the economy per year. Eleven trillions offers yet and size of the global economy. Further years, fifty three trillion by the EU
s economy is, I think, eleven or in the budget is four trillion roughly. How now it's not for train any more but right it was four trillion before we decided to spend all these other trillions right. That does not.
by the way more coming
We have multiple trillions of dollars on the table to be spent. Ok, but
Then you have Bank of America. You went through a bunch of examples of this in warm buffets another one. By the way we didn't even mention more
for the same that inflation is here and coming and he's noticing it right. But
almost everybody. The federal saying you were expecting a little higher than two percent inflation we're already higher than two percent inflation. If you can
you're late, the numbers, the way they were calculated back in the nineteen abies the last time we had really bad inflation in the seventies and eighties. We would be at all
most eleven percent, now inflation,
They're saying we're just about two percent inflation, nor not nor not the average.
And will feel it at about eleven percent than that
hyperinflation. However, Bank of America too, that the date
rack how many times people talk about inflation on earnings call. So this is not just like random people, but we have
augurs meet people on social media reading about inflation is our
actual ceos who
by the way legally required to be telling the truth on these calls. They they can't. You see,
people like Enron. It's up, that's how they got in trouble because they were saying things that were misleading on earnings calls its view:
a very important to get those things is
accurate as possible.
Talking about inflation more more. They track that its up eight hundred percent
Inflation mentions in these are
skulls
and their summary out of the question for me to have the quotas for any my element getting caught the rank of America Bank of America, the earnings call from
Bank of America,
inflation trends, running hot as margins hit record highs, is the headline. This is again from Bank of America. We
during week to that mentions of inflation quadrupled year over year after year,
last week mentions have jumped nearly eight hundred percent year after year on an app
Whew basis mentions skyrocketed too near record highs. Point
to add
The very least trend
the Tory hyper inflation ahead. End quote:
transitory hyperinflation. I mean
We have our inflation used to be like some conspiracy theory that you'd get in trouble for saying and was possible o believe me they'll find a way to find us.
We'll get in Trouble Bank of America saying it now here in addition to this
pensions.
Who are already in massive message, trouble and half
makes seven percent in earnings what pension
Once you put you sending your money for union that goes
The pension fund, the pension fund, then invests in things like the best thing.
Can invest in now, don't call
obviously get those going. They need seven percent return year every year, otherwise they can meet the obligations
so there on the edge they
I've gotten out of? U S boy,
HANS because it's only returning one percent, but here's the Good NEWS,
They are now going to force pension funds too.
By one third or Sonia.
eighty per cent of their pension fund now have
to be in: U S, treasuries right, southern
Just forcing people might lose confidence, let's say, and who has treasuries in this circumstance that were discussing will now
pensions have to buy them to stay afloat and here's the great thing.
it's just a giant ponzi. Skids ponzi scheme is a great thing, their buying the bonds from
federal reserve.
So the Federal Reserve was one go into the politicians gecko head right as much as you want, we'll just we'll by it, but then the guy
and gave the Federal Reserve and out and granted them call
vade privileges under the executive order to be
to sell those bonds to anyone who wants to buy them?
They used to only be able to sell em to address other central banks but central banks.
Buying them
So now, though, just
both of them to you.
But they know, there's not gonna, be a big demand for those. So the government is forcing the pensions
As of twenty twenty. Two two bye bye
from the Federal Reserve, so the bank's get their money you.
Screwed Mamma Mamma, dad grandma Grandpa your pensions you're not going to get it.
I'm sorry, I don't know I'm sorry. The federal government
is guaranteeing those pensions, so you will be paid that money in you,
US dollars now isn't that great, because if you're
me, no making two thousand dollars in your pension today. Just imagine how far
Those two thousand dollars will go under transitory
hyperinflation
Ah gonna be so rich
and you're saying you have a solution to this
No, I have a highway skeptical of of of the possibility of such things. I have a way to prepare an
to give you some things to think about
So there is a catalogue of inflation, hedges things that you can buy, that are a hedge against unfair
the number one is always had in. A rating was gold. Until tips came
the picture in the nineteen eighties
nineteen eighties. They realized. The government realise that gold was
people were dropping the federal bonds.
and they were buying gold and it was freaking people. I remember the price of gold and nineteen. Seventy three was thirty. Four. Thirty. Fourth, maybe
sixty dollars an hour. I think I was thirty four, but it might have been sixty dollars. Amounts in
seventy two, then we
off the gold standard by
nineteen. Eighty, it was about a thousand dollars and it was freaking everybody out. So the federal
remit decided, you know what we're gonna come up with new bonds and were called they're called tips, treasury inflation protected. So it
and tease the rate of inflation. How
ever. If inflation is low, you lose if the gun
meant, you know hyper inflates the money you lose speak
What are you gonna buy with all that money? Nothing
because it's not worth anything.
But it's always been rated a.
hedging power tips this?
this. According to S MP, core logic and morningstar, the hedge,
they hedging power of taxes and a long term. Hedging prospects f. Now why
Diversified commodities,
edging powers and a long term see now that makes sense to me because you would say it's transitory.
So if you're going to buy a whole bunch of
commodities universe,
we beans in coin corn and everything else. It's eventually gonna get better. So it's a great way to hedge
right now to buy a bunch of that stuff, but eventually it's gonna come down k, indebtedness. I've heard
people say more Moussa, timed, roar of being dad, because I'm just gonna pay it off with hyperinflated money.
Believe me,
The house always wins: indebtedness, hedging, Bower, a long term prospects F,
Lumber products be for hedging power
long term prospects. A. Let me give you an example
I had put floors in my house and
who know that, when you put in floors, you also have to have plywood underneath it I mean it's crazy. You probably a lot of people do that, but I should know you didn't know it. I didn't know: I'd like the floors magically came in the how fast down analogous yarning would there it's a wood floor? Why do you need one more word on right with double ones? And then you need like two by force and things that why in wood anyway-
who knew that so
we bought it. We bought
Fortunately
for me kind of we bought
More than we needed, we thought we needed so we we had, like I don't know. Third,
extra sheets of plywood? What would we,
them, they were like thirteen dollars
in some places in America today, their eighty dollars a sheet. Ok, they
thirteen dollars. I could have
really gone in front of home depot and said play
forty five box and made a killing on it? Ok,
This is really important if you are looking for ways to hedge
do not look to get rich. Do not
look for schemes to say:
I can profit, I'm sure they're gonna be people who are going to profit off of this. I am sure there are they're gonna, be
schemes, etc, etc. But a lot of people will lose their short at this time as well.
Do not go into debt,
don't buy lumber if you're, just like I'm gonna corner the lumber market. That's stupid idea. However, if
going to use lumber, so you will always have a place for it.
and you're, not borrowing money, lumber
I'd, be a good deal
I just sold my plywood
for thirteen dollars. A sheet to my friend
Who is not?
to redo their floors as well, because of this, this cold that have
in the water and everything else
So I seldom to him for thirteen back. He saved a ton of money. I could have
a profit on that any probably would have had a problem, but I didn't I didn't
to do that. But it's you
look for things that people are going to need. The world is always going to need number
here is an interesting one. Bitcoin hedging power be law,
long term prospects, the only one with a question mark
commercial, real estate, hedging power,
or be long term.
aspect, a a house having the deed have
the deed to your house, be longer
prospects d a b. I will.
there's a caviar too, that I don't think we have time to day, but could you write this down? I gotta talk to you about what I
is coming with houses that I think there is any way go.
old is a sea hedging power long term prospects see I completely
disagree with that material
producers is a sea now long term, a cash see
long term prospects D. I think it's an F oil d
long term prospects be ok, that's if you're gonna it in
asked in things or you're you're. Looking to do that. I want to break this down. I'm gonna take a one minute break our
this down to the person that
is the average person that doesn't have money.
that doesn't have a lot of money that is is is
living day to day
and is wondering what does this mean to me? It's
I mean a lot to you and
me show you how you can
protect yourself and your family I'll. Do that in sixty seconds,
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Ten seconds station, I d,
ok, let me go through a couple of things: if you're just joining Us-
Bank of America came out and said: there's transitory hyperinflation, quoting at the very least
transitory hyperinflation coming our way stew did you ever get,
definition of hyperinflation? What is the actual definition?
monetary inflation occurring at a very high rate K. So
leaves a little butter wriggle room. Yes, however, traditionally we understand that, as in Bob Way, Germany
Venezuela, when power,
since just skyrocket. Now the reason why there saying transitory is because
they believe this is going to come and then it will go away when the
old goes back to normal bud,
I think, we're going back to normal were spent
in nineteen really in dollars,
and we ve just proposed another four.
We're not really going back to normal kids, so what do you do?
The first thing I want to talk to you about is this. I want you to get this book right,
I'll crisis preparedness handbook, it's the
Third edition.
Patrick
Patricia and Jack
bigger rally.
forty thousand copy soul. I just want to show it on screen if you happen to be watching the blaze get this book. This book is the best preparedness book. I've ever read:
because it doesn't overwhelm you every book
I've ever seen on preparedness, you open up and like tat, I could breathe, you don't mean end and you
Yeah, I mean you skip stock cause. You can't do all of it, though,
This book is so good because it breaks it down and it
whole book takes the attitude of you can't do that. No big deal do this, or do that. You can't do that
ok! Well, maybe you don't need to, but try to
of these things.
Really is the best book, and I'm going to explain why here in just a second and give you
some things. If you are the average person
I urge you to do to prepare
for what is coming.
The one thing I checked! There's a checklist in here on what kind of disasters are you preparing for seeing as everything, and I mean
You know earthquakes, tornado Hurricane
I mean all the way down to impede the one thing it doesn't say is
it's a tory hyperinflation, but
thing in this book. You'll be
able to find the answer on what you do, including barter tips, which really important I'll go into here in a second, its Christ
this preparedness handbook by
Patricia and Jack's bigger, rarely get this
today the sins blunder programme while lasted kind?
appropriate. Let me talk to you about gold line.
It's time to stop saying, inflation is on the way,
You know- and I know it's already here what's on the way according to Bank of America is transitory
hyper inflation rate,
Have you knows how your groceries are going up? That's not the point
so things going up. That is, the value of your dollar.
too many dollars chasing too few goods were not making the goods and we ve just power.
Did dollars out so gold, I
highly, recommend gold and silver, because in the end the world always comes back. Everything that,
glitters, is not gold according to Rudyard Kipling
Miss Palm,
There is,
the real reason to have physical gold
all them right now talk to them about this six percent free
just metals, promotion for self directed, Irae acquisitions at eight six, six gold lying eight six, six gold line,
and had over to blaze, tv dot, com, slash gonna, get this show and all the others complete
look in your subscription to say ten bucks off with the promo code Glenn.
This is the Glen by programme welcome to Tuesday today's broadcast. We have primarily dedicated to
who preparedness
for economic, tough times now,
the Bank of America has issued a report that said at the very at the
Very least, trade.
the Tory Hyper inflation is coming? Okay, so
let's just take them at their word? Not me, not anybody else, not any crazy. Yahoo. Like me saying this, this is Bank of America. Let's take,
them at their word. How do you prepare there's lots of different ways, but you have to start thinking like
Germans did in the nineteen thirties there's a great book.
Remember the name of it I'll, try to find it here before the end of the hour, but there's a great book out. It was a diary of a guy from Germany and he he just wrote that
the daily goings on in it is phenomenal. He said one week. None of us have any idea what hyperinflation meant the next week. Everyone knew what it meant:
and Lee Smart people. I should say
smart people? Smart people, when
and they bought as much as they possibly could early on, so their family was tabled,
the reason I say they were half smart people is because they told people
And then, of course, when there's reels scarcity and you appear to have more than others, they come for you,
so everything I am telling you today, I would keep it to yourself. I would keep it to yourself,
Just so you know, I'm not doing any of these things. Some wildly unprepared,
So the first thing, if you have
zero money. I mean you have nothing.
what job are you doing and how valuable will it be in a bad chaotic situation. Me
I only have my body to offer and no one's paying me to have sex I'm assist day, a very marble steak
and I know that it will be in my job will be so short lived. I will be, everybody will be working and doing everything and I'll be.
I could tell you guys a story which guys, like me,
a story, no value in that ok in madmen,
Did you see the story? Teller? No, they ate him early on our right, so
What skill do you have if you
skill is not good in a
in a you know a bad situation. You might want to look at your Hobbes. What you're Hobbes again
The hobby that I'm starting to really be good at now is painting nothing
Nothing no one's gonna, say: hey. You, wanna paint a picture for me why we all starve to death or workin out here ploughing just worse, taken care. It now
nobody's gonna, wanna painting so again, I'm
Jake, I realized that don't be stake. Why
hobby. What can you do? Can you fix cars.
can you learn to fix cars? Do you
have any kind of building experience
farming experience. Do you know how the land even works? Can you so and repair things?
That's the first thing that you have to do as you have to find the value that you can offer because
If you have re, I'm talking about catastrophic breakdown, you need
to be offering people something skill, because we're
I'm gonna need to work together which bring
me to my next topic: if
you don't have a bug out bag. If you dont have a plan to go. Someplace you pay.
Probably, should have one now,
and may I highly recommend that you are
in a town where it's like minded people. They are good.
indecent,
have farming skills.
They are used to be an old living off the land. They
our spiritual in nature,
And and
I believe in the constitution, I'd find that community and I
their move their or I'd have plans
moving there
Other thing you can do is build a really good.
France, library, free
students
Did you know if, if the drugstore breaks down, do you know anything,
about medicine. Do you know any?
thing about the plants around you that you can eat or can't eat I'll, be dead in three days. I'll be like
where's the cup, we're sprinkles wears a cup
store. I haven't seen a cupcake store, whereas the cupcake store, there's no
Cakes doors here so Gulf.
marriage for something hey this
build a good reference library, and that includes all
the things that you should,
have every American should have all of the founding documents, all of Americans. Think of something that is good and worthy.
If you only had seven books, what would they be then
look for things, but can you
In two communications, how
we communicate with each other. What are your communication skills?
do you have you know any
medical skills? Can you get any medical skills? Can you right now go get skills and don't ever tell somebody or doktor, although I am a doctor, I will that big ironic tell us arrive
a doktor. He was very sick before I cut him open, very sick. I I didn't think you'd have faith
you. He had a heart problem. You took out his stomach, oh well, his stomach had to be removed. I'm telling you that ran
dont. Tell you please don't tell anybody or a police officer a doctor, a jubilee you'll be dragged into service, now hear something else.
You are looking for things and I'm too
king about people who are the
each person that doesn't have well I'm talking to my broker this afternoon at four o clock:
a play around nine or twelve.
and work work,
Don't talk about stocks and stuff. I'm talking about the
Reach person Kay
out of debt as much as you can
I something that is of value a car. Even if it's not a fancy car just car that works in a car you could prepare. You could repair when you have now
thing remember: others will have nothing as well. Toilet paper comes to mind
no glint Bacchus. He starting a rush on toilet paper, toilet paper. Scooby. Eight
there's a sheet soon, probably well Bay, but not because I said something
Well, that paper,
Your blades pain killers,
you know over the counter medicines lip mom, diapers baby, why
condoms bar soap, deodorant shampoo, all that stuff. If things get
really bad and really expensive wait a minute
you're a farmer you you have- some corn haven't, had an
thing but soap for dinner. For a while I'll,
I just some scope for some corn. Your
king for things that you can trade people for also, I think, a very good investment
is ammunition, let me
say that again
ammunition would be a very good investment.
we have a couple of stories on that coming up
Also, a coffee, alcohol people don't think this way, but if people can't afford something
And let's say I can relate to this you're, an alcoholic. I need alcohol.
Even if you're, not an alcoholic right now
Today's world, I need alcohol lots of it. Kids, don't waste
your alcoholism on years, where the problems are, that being heard, not need that alcohol some day ass, Homer Simpson says how the hall, the cause of and solution to all of the world's prob, exactly writings exactly run coffee
t, sugars,
each chocolate.
like your grandparents or your great grandparents in the great depression. I told stew arena
Pat he's like all good year to start a cookie,
Company and I said actually cookies and Choice-
lights and sugar will be one of the last things that people will stop buying because when the whole
world socks you,
something normal and you want to treat, and it could be just a bar of chocolate with great I've heard
cookies and I believe Texan cookie will be they last company standing in America. Yes, even as something he's like there come in, come in at a glance is likely to come for you, man, I'm the cooking, well, you're too
Driving home to interrupt
I'll bet you're describing here a real apocalypse.
Type of situation this I know this is not hey. Your prices are going. Ok, I don't think this is a world where alike civilization is crumbling. Your prices are going up again. Do not
people you're doing this. Your prices are going up. Your prices are expensive. Today.
if you're in transition airy or Noah, I'm sorry transit swords, a transitory hyperinflation. Your
price of your food. Your coroner, whatever is gonna, go up
I am doing stuff on my house. I bought the
Duff that I knew I was gonna use. I wasn't using it to barter anything else. I bought it right now. That's the key!
by things that you know you're going to need and use, and you know that it might come down before use at all, but it's better to have it
then having to go, buy it when it's a bottle of shampoo that used to cost you three dollars is now five
five dollars and you think might be,
seventeen dollars buy it now.
The things you can do is caught your spending, where you can, and by
the things that you know you're going to need? If it's, it's
transitory hyperinflation. Great, that means things.
I say this with a survey. It means thing
go back to normal great.
So try to do everything you can to cut out your expenditures for the next eight months by
things that are going up. Detergents bleachers bleed
It's gonna go through the roof and, if you're looking for anything,
of building a house. It's gonna go through the roof, think about what the government is. Spending their doing things for the green new deal,
So everything in a house everything with a grid, everything electricity, any copper is gonna, go through the roof.
Because the government is gonna spend billions buying a batch of it at all.
He's very little for you also one last thing: don't dismiss this:
My grandfather taught me, you know he lived for the great depression and he said you know people laughed people laugh people laughed. He said we didn't have the money to invest in the stock.
Orkut, he said, but I really was trying to get rich. Everybody was borrowing again.
Things they didn't really own. Don't ever do that. Don't ever do that.
People who were rich, really rich. They were the
It had money because they didn't play the game of let's get wealthy quickly. They just kept and they bought things were
and things began to fall apart. You buy things up,
intrinsic value, think as anonymous think as as
unlike the average American, as you possibly can think of
tomorrow thing
but what you need tomorrow by
things when you can and store them and don't work on that.
Don't pull from that storehouse.
until you really need to pull from just keep adding to the store house you bite you girl, girl. She shopping. Just add to that.
are back in just a minute.
Real estate agents. I trust, hey, hey
buying and selling a house ha
sounds like a great time to do it. Doesn't it
right now. The average house is good. If your building a house, it's gonna, cost you thirty four percent best today, thirty four percent more than
It would have cost you a year ago
buying a house is gonna, be pretty dicey specially if it's a brand new house.
People are moving and if they're moving from your state, you're gonna have a hard time selling your house, you
need somebody who is an expert. In the
Maria of whether you're buying or where you're selling an expert in the?
locations that have the the chops that are one of the best sellers in the area. They have the record they ve been in it, for
long time they have the system to get your home sold fast and for top dollar and to get you
who not into a into a
bidding war, but winning
that war in winning the house that you want.
the state agents. I trust, will put you into the the hands of those kinds of real estate agents. I urge you as a free,
service to you, you just gotta real estate agents. I trust dot com. This is my company, we'll put you
touch with a real estate agent? Please don't take my word for it. Please do your own homework interview these people? If you don't
good about it, move on somebody else, but I think you will feel good about these people. There really good people, many of them, if not most of them are
fans of the show they think like you, and they just want
where deal for everybody involved. Real estate
agents, I trust, dotcom, real estate agents, I trust dot com,
This is the Glenda programme. Again I want to give you one more.
reminder the book. I urge you to get to day, get it right now. It's called Christ
This preparedness handbook tone
revised and updated. This is the third edition, the one I have its,
Patricia Speaker Rally, Aston and Jack. Spigot, really just just think, spaghetti just think the
crisis preparedness guy and if spaghetti looks like it could,
their last names. He got the right book, good advice.
Like you, I mean just how to make people. This is
great great book.
I think, to Morrow I'd like to open up the phones somewhat, maybe for an hour and take your questions on this next hour
preparing for tomorrow night tv show the
The racist be damned the people who are saying or racist nation. We're gonna set the record straight and give you the tools to be able to argue it next hour,
talking to the farmers and the attorney that is their suing the government for the right to life.
involved in government projects.
Would you not love entertainment, the gun back
in one of the most shameful things I have seen our country do and I've seen our country do a lot of shameful things. Over the years
We are now becoming
a nation that is
putting in systematic racism, I think we ve been a country. This been trying to get rid of all the systematic racism.
You know we made some great steps in the nineteen sixties and have been moving towards that ever since lower now.
He taught that you have to see everything through the lens of race,
and
that's why, when Joe Biden decided to
give loan forgiveness to the farmers of Amerika. I thought okay! Well, that's that's nice! That's nice accepted only
those two minorities, if your wife
and a farmer
we're not gonna, forgive you alone. We can't I'll be out on that. Excuse me
That seems like it might be unconstitutional
well some farmers who are wide so therefore not disadvantaged their suing
we're have to talk to one of the farmers and the attorney involved in
sixty seconds Glenn programme. I love these people who are pushing back on the system.
now. Imagine your car just broken down the side of the road. Your face in the grim reality that you're about to be on the hook, for maybe a couple thousand bucks. You know
and that is if you can get the chips,
I'd, have to be replaced. York.
is broken down on the side of the road
and you don't know what to do now? Imagine here
broken down on the side of the road and you really can appear cause. You got things to do, but you can call
all and you know trucks going gonna come and take the car away and the not going to pay for it and you going get roadside assistance and you're gonna get a rental car. So when yours is in the shop,
you don't have to worry about it, you're still doing the things that you know help keep
coming into the household. Oh,
by the way you don't have to worry about what the mechanic is charging because its covered under car shield. I think I pick
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What is truly amazing to me: is the american Rescue plan active twenty twenty one, President Joe Biden, signature covert. Nineteen relief legislation provides bill.
means of dollars of debt relief,
to socially disadvantaged farmers and ranchers, but the law
Definition of socially disadvantaged includes
explicit racial classifications.
Farmers in ranchers must be black or Africa.
American.
american indian, alaskan native hispanic, latino or asian American or Pacific Island or other
Farmers white farmers are not eligible.
I've been waiting for this day for farm
first, to stand up and legally fight this.
Adam Faust, he is a farmer suing the government for alone forgiveness. He and I think, for other farmers join him he's the representative today on the programme, along with the deputy counsel for the Wisconsin Institute for LAW and Liberty, Dan Lending,
Dan, how are you
Glenn thanks for having me are you bet and Adam how're, you, sir doing well
here you are a dairy farmer, that's correct
can you tell me about your your farm
yeah. I know about seventy Holstein cows. Farmer
two hundred acres of land to provide food for those cause we're just a small traditional stall barn there
farm and you ve had a rough go and I know I know dairy farms have had a rough go it for a long time now,
you been having a rough go
Thirdly, on the last couple of years,
prices when depressed and then I'm Covid head cooker real Paul
jack, and your white, so you're not disadvantaged right. Exactly!
So so Dan tell me about the case.
So glad we find this in federal court. Last Thursday we found against the: U S: Department of Agriculture. The the american rescue plan contains four million dollars of loan forgiveness. Does he said what that means? Is that if you're, a farmer who has taken out alone,
You're gonna get a hundred per cent of that loan, forgiven plus twenty four.
That is gonna be deposited directly and your bank account. So it's not.
Uncommon for a farmer to take out a million dollar loan for property for commodities, birth, land or operating expenses. So if you are a farmer
took out a million dollar alone stay in December. Are you would get one point, two million dollars in return and then you could also still but crop that you were
when I grow and make a profit of? Let us agree.
program, but guess what you don't get it. If your white
That's the only requirement is that you're, not white and you get the money so
but it says disadvantaged and Adam, I doubt that
would call himself disadvantaged, but you know me
a double amputee.
Might not be an advantage of getting up every morning and milking the cows and the stalls here
not enquire north, regretfully
Dan who or the other farmers, and what does it mean if you win or lose
other farmers are from Wisconsin Minnesota Sound,
the colonel Heil. I've been on the phone with
don't dozens of other farmers around the country,
the same way
They laid out really want any special treatment. What they want is to be treated equally right now
This is really sad chapter in our american discharge. Our country was founded on equality right. We teach our kids that we hold these truths
be self evident that all men are created equal rights in the Abraham, Lincoln again rededicate country to equality, Martin Luther King, dedicated or country to the color blind society
all those ideas of quality are now being
what away way this is the opening kick off
in the wars of of racism,
anti racism and critical race theory. This was the opening
However, this is, there is more to come from the binding administration.
And you're gonna be hearing this this song.
PETE it over and over that
to do something about flows, white people,
and we need to reverse the tables on them.
just what exactly is happening here so
Dan. If you win, it could have far reaching consequences.
And the same. If you, if you lose right,
The! U S Supreme Court has said in past cases that
government cannot use racism to cure racism
if they're gonna use some discrimination against people. They have to have it for a very limited time. Ass to be narrowly tailored has to be targeted to remedy pass wrongs in very specific circumstances,
You should think like school, desegregation or the time we're race was considered a fact
and the government- rightly desegregated schools.
When the government now uses the excuse of systemic racism as the reason for doing this, the question
where is it stop? What is the logical stopping point if the government is allowed to use racism unused race discrimination to cure societal discrimination? What
How can they do and the Supreme Court has rejected that, and they said you can
new- that there's no logical stopping points, and so, if, if the Supreme Court back down from that principle, I it's gonna be
very long and winding road down this, this tunnel of critical race theory and systemic risks.
Sudan Urien Wisconsin, which amazes me. Quits content is a very progressive state aids.
Port, to make sure that this goes to the right court. Do what
what are you looking out? Who you bringing this to?
bring it to the federal judges, Wisconsin
and the Green Bay Division of Eastern District Wisconsin
we're gonna litigated there. We might ask the judge to put the law on hold what gets evaluated. We think that's reasonable. There are
There is another law should in Texas
it's going on. I've heard rumours that there are other law firm story.
gonna, be it in the mix west, so ice.
Save as far as the litigation strategy, the more the merrier
We need to put the burden
on the government to explain why race discrimination is import,
and we need to have them- put them to the test and have them explain themselves its word, the city,
without our burden to prove it
this law. Is it bad? They have to prove this lies right after
Prove that we should retreat from the principles of equality
and we should retreat from what is the foundational principle that all people are created equal.
and maybe we should be treated as individuals, Adam S was lost,
Adam
I assume you are not a suing guy you're, not one that sues everybody. The drop of a hat.
No, I'm pretty happy
stop you're not my college
tell me what what made you sign up for this. What drove you to this
well from the time that I saw this all play in open
the proposal on this act-
Roy bother me that there will be there.
The government would turn its back on
sons and do something that racist watches against the fabric of our current?
and a long time went on and didn't see anything?
happening. I have failed to assume
thirdly, organization that would jump on this immediately and I do not see anything
happening, I thought well, somebody has to get involved and has to represent
every culture, a mean apricot jurors, not is not built on a bunch of racist people.
How is it you know? I've heard from a lot of people and supporting Orson Thinking, Alfred's bird stepping up and in trying to do
here Adam I'm, a small farmer, small rancher myself, and I thank you for it. I don't
what the law, nor would I would I apply for the loan, but I have
and deeply offended, and so have all of the farmers around my farm
We all feel the same way that the farming community is a tight knit community. We all help each other, we don't care about Europe,
politics or anything else? We helped each other cuz. We know it some point. We are going to need the help and we're going to need everybody else to help us and it's a gray
eight community. That does help each other
and the division that
creates. I mean you wanna talk about dividing people. How hard
to divide farmers?
I mean, let's let its squabble over water.
Damn hard!
Adam. Thank you. Thank you! So much and Dan. When does this go to court, while they
States has a few weeks in which to respond to listen and, as I said in the meantime, we may have to the judge, put this law and hold on before the money starts going out
Do you have the money to fight the United States government on this?
We are a nonprofit law firm in Wisconsin, Wisconsin Institute, prolong liberty. We exist purely on the kindness of others and donations and.
But he who, once more information, can go to a website. It will dash law, dot org.
W, I l l down,
law dot. Org, ok will dash law, dot, org
Thank you so much Dan best of luck to you and your team Adam.
God bless you. Man keep milk in those cows, priests
You bet Bobby
last thing I want to be very firm. I don't even want to live around the dairy farm.
seems like hard work, yeah really hard.
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sent a bunch of money to the people who were renting his homes and they have told them
they will have to pay any rent. So now
he's paying all of the taxes and all the costs of the home, but he can't remove any
people, because as a moratorium on evictions and none of them
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it's his mortgage. I wonder if he gets forbearance.
good question or no fees paid for these houses and invest in England. That much detail on his particular point other than to say that there are,
In costs of of his places, he had to keep
Now. Look he had built,
a business up who, as we know that so he wasn't wealthy wealthy, but he is doing relatively well now. He is on the verge of bankruptcy.
these run up. All this credit card bills
pay these things and he can't do anything. People,
just ignoring them, and he's looking through the windows and seeing big screen tvs inside thousands. Oh, my gosh giddy I mean. Can you imagine how is the government tried his little fix it plans and a lot
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that's good in the world of comedy, but these days you need to join groups
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We always hyperinflation coming up police tv subscription could be a million dollars by to Morrow wow. Don't miss your chance. Now plays tv dot, com, Slash, Glenn provocateurs, Glenn, say ten bucks
this is the lead by programme. We're glad you're here just five minutes ago, is talking about a program that I'm evolve with tonight. America salutes dot com.
it is a celebrity.
You know I want to say celebrities people you like
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Tomorrow night on the blaze, tv, dotcom, blaze, tv, dotcom, I'm gonna debunked. The three big lies about sister:
attic racism when the left.
About systematic racism. They conveniently
Leave out a few things in one of those few things is the willingness to include age
Americans, from that
asian Americans are so overlooked and and they they are
they are, there said to over, perform
they don't represent any real, any real minority
that's why they're exclude
from many Ivy League schools now because it
too many of them and they do to well. Oh
and now all, of course, the the hatred of Asians, which honestly
I don't even understand I grew up in the Pacific Northwest and you know
Asians, were our neighbours and friends, and I dont even understand it, but I guess that
that's going on view. Con zau is with us now he is the co founder and president of Asia.
American coalition for education and we
to talk a little bit about the discrimination against Asians? You
actually sent a letter to the attorney general
criticising the binding administration and there
proton fighting against anti asian violence and hate crimes. Did you not
Yes, a glance, thank you for having major yeah I on April six on behalf of german correlation for education,
I sent a letter to the: U S attorney General Garland, because the three level three reasons first date and affects uncalled over mad
he was a violent attack. Our Asia were report, states that either reduce a fun
painful please or released many violent agreement or irresponsible
do the cuban lighting pathetic, such as New York, California, but in the car industry who are holding the full punch swamp like her taxes and afforded there was very little reporting, so Julie
The primary reason is already is released nonviolent, allowing those on this episode bye, bye.
Then administration they put a Guam blame to back upon the swamp to the wider Paramus. That number.
I would love to just blindly go with you, because you're saying what I like to hear. But do you have any
to back up the fact that the
These crimes are not being reported in in full
and in Texas, but in California and New York, and the connection too,
They release of island prayers. Prisoners actually
in Washington in New York, a poster on April returns than on the change
the american cover
Why won't sheen she polish article she thought from under the February to under the March about sex life
incidentally, Lucius
Asia American all of them were like the people of color while a violent Europe earth
Son of a radio release early release
criminals example a sixty five years old city, Pillow
middle, was an attack on April of fakes right and there. The person
It was a criminal, be early release. He was putting
like a merrily out at some time. Tell you not to tear them
planting a mayor treated him. They were but this guy attack at your
mother mother many years ago, but he wasn't early released. So it s not a lot of data
listen to one mother like the upon him. Just he's a seminar lacking starts florid in over the last few years. You know that
was only once the crime against Asian never happened before punish swamp you're, not. There was no other like her crime in fast forward, like the Eu S attorney's office himself.
It places a huge contrast.
Me about you.
you asked for the politicians and the media to stop labeling Asian Americans, as over representative overrepresented or privileged, tell me about that
That is another source of like hate crime, yellow against Asia. American, because you're, not Asia, Americans, we never being lagging a pollution, making the national policy right. What never being a pre region
You know the reason we have a good performance in the education.
We the that
creation were hard working right so, but your nose rex leaves pollen
patient, formed the left that let us as over represented an income
one of my address New York City, some politicians, even labors as privileged? These absolutely would lead to the hatred.
Towards Asia. Map is a totally hastily
isn't that right is responsible. I welcome
This is a this is a really hasty. Generalization are over generalization, but when I think
of asian kids in school. I think they are smart, not because there
born smarter, the that call,
sure the family culture emphasizes hard work, emphasizes, study and soda.
Perform well and instead of you know,
people saying that their privileged. We should be saying what are you guys doing and how are you doing it because,
working for you
exactly. You know I used to work here till I get bigger cooperation. We promote best practice and fodder.
mankind right now that labour, don't wanta, really have the other minority like black and his ethnic to relate the leaf at least of them,
you have them looking through parent key.
promoted this kind of pro education. Catch leaky also wonder bring asian American.
That is lose one. So
How are we doing on the progress in universities
because it seems to be getting worse s, Yellow Gooden Nielsen, abandoning the bed.
The earth is a radical left. They initiate a nationwide come come to cancel the standard at past. That is,
south american meritocracy, while the reason the game is,
there are too many patients in the courage. You write letters, the bad and the Good NEWS is student, a full of further me Jim, that loss
already petition to the? U S Supreme Court. Hopefully, if that, U S appeal court case. In this case, we may be able to show that strike burn the systematic
racism against Asian MAC, which he released based firmly actions
say that meritocracy, your belief in meritocracy,
is just you
hang in to the White supremacist view of work,
hard and you'll get somewhere and you're only playing the White supremacy game to get ahead, which I
think, is a pretty racist thing to say on multiple levels, but why
of which would be they are saying, then that meritocracy
He doesn't exist in in asian culture at all. That doesn't seem correct,
no is totally wrong. Actually meritocracy stem
from China about a thousand years.
the girl. China already include among the imperial, like casting system, all the
her face. You need a path past
because I'm like a gun to your face, you all the applicants right that happened at all the southern almost following. You
the girl appeal worldwide. All the nation learn from that.
In China, ahead of the national quality entrance of them
U, I tell you one story. Doing shines
cultural evolution, Malta, the dictator he wore the brewing so called equity,
he took the workers to soldiers to present his top of the college and bigger than you guess. What
China's economy, technology, innovation, everything class, South America,
pick, a less should not repeated.
That a condom mistake. China had about her like half a century ago. So tell me this
you know that story. I know that story.
Oh you can't. How does this? How do they do the people in Washington? No because they must know that what they're doing
it is going to dance,
Age, America and our position to a great extent for they just dumb. I I want to say you know some
you'll put you in people in Washington and some local. You know no co garment. Many of them are plain turkey, identity, politics. Why? Because
many mayors in our inner city laborer
Mayors left failed the black and abused
they could shoot a meal body under the watch like New York, asleep you I spoke of the disbanding and a black, their english proficiency, and them,
Ass proficiency is less than half of the white and other asian right, but it is late
Miller worry your guess. What he wants continue gather the boat. So these he try to change that.
Like entrance legal them for this New York, especially the high school for the same
than by politicians who want to change. It imposes a wreath effect in call here the mission, so they use
the asian children also many times why two children as a scapegoat for that policy. Failure to solve the issue in the black too many black and his panic
I thank you for standing up and being a voice in reason, especially in a time when nobody seems willing to
you can't zau is our guest and you can follow him and find more information at Asian American for education, dot, Org, that's age!
American Fort for education, dot org! Thank you.
How much you can appreciate? Thank you for having me you bet, bye, bye
tomorrow we're gonna be debunking. All of these lies that the left is telling us I mean AL sharpened was amazing. Was yesterday worries like you're telling
me come on. You can't tell me America's, not racist nation
really. Now we have to defend that. We're not isn't that itself against the
american system, your ear, you're innocent until proven guilty. Now they slipped it
proved to me. Show me you're. Not our rates is my gosh were to take it apart tomorrow on blaze, tv, and we really could use your subscription. We,
we need you as a partner and a family member of Blaze join us
he's tv, dot, com, slash gland user, Bremiker Clan and saved in Bosnia. People always say, like you know where I was doing all. Is that what we need to actually do something about it? We need to do something I thought about that.
People. Are you say that all the time now I thought? That's a bleak
tv is that's that was you do
something many years ago like hey, we need to do something and then he did something.
And in our ears and now he's telling them really is a joy gap, and that this is so too do not. Lay us are ready, join us. We were, you know we were the first in and we are now
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And your joining a big big family and we appreciate it, join us America. You could do that now at blaze, tv dot, com, slashed, Glenn,
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can financing
is today I've been talking to you a lot in the first two hours. If you missed this show make sure you get it on podcast
the first two hours of this programme really really important about. What's coming?
and I said at the beginning-
of the show you're gonna need. The telephone number
hundred nine zero, six, twenty four forty and yellow
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the same thing could be with the with the mortgage of your house Bank of em
Erica said yesterday that act
The very least am quoting still give them make sure we get this right at the very least we are look.
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I believe it is MIT broadcast for awhile and it's about coming technology and
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fake voices- oh my gosh story we should get into this tomorrow. All though, maybe that means we don't have to come, and I had my jammies bad with a typewriter. I guess I, like its due
Transcript generated on 2021-05-16.