The Silicon Valley-backed Chinese social credit system will soon be a FULL-ON police state, and it’s already showing up here, in everything from life insurance to WhatsApp. BlazeTV’s Eric Bolling recently met with Vice President Pence to ask him some BIG questions about the trade war, nuking hurricanes, and Nikki Haley’s chance at VP. PragerU CMO Craig Strazzeri calls in to discuss fighting Google and YouTube in court over shadow-banning conservative and biblical views. And it may be surprising, but recessions are NATURAL. Just like forest fires, they clear away the bad investments to help the good ones flourish. John Solomon, executive VP of The Hill, joins with his take on Patrick Byrne and the Hillary investigation.
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Welcome back still, thank you glad, I'm glad to be here. Are you
Really, I'm not yeah. I didn't think so. I was lying. Thank you sorry. I wish we were you. Where did you go? What did you do the Dallas Fort worth Metroplex? What does it yeah? It was being here. It seems like it was one hundred and forty seven degrees. Oh yeah, beautiful, just lay out in the sun and just based off I shared it was wonderful and I was mainly around here. We had some stuff going on in the work on the house and such
yeah and better yeah? That's about all the vacation plan.
You have to create coming up next next spring yeah sure you could do that
yeah, but what about staying at home in one hundred and forty seven degree heat works going on at the house? Yeah, that's great! What if you could like fix the
oh, you know the last last summer we had somebody fix our roof and it was in the middle of summer and I'm looking at those guys. I just
I just hose you guys down up there. Can I constantly run know the water is too hot? It's crazy. All right back in a second great show coming up,
man was assaulted outside of Portland BAR for wearing a make America great again hat two people have been arrested.
Court orders Idaho to pay for a sex offenders. Trans surgery. Thank
the governor of Idaho said no. I don't think so. No, I'm not going to do it.
Ton of email. On my comments about five g, o n
click on Valley is bill.
He had chinese style social credit system
for us.
No. This is great. We start there in one minute. This is the
somewhere in America.
Within the sound of my voice. There's a man with a whistle around his neck he's a
here. It's shrill call one more time.
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ok for anybody who hasn't been paying attention. I want to explain the chinese social credit system
it's two thousand and fourteen in China. The social credit system
is, it has
and implemented and is evolving into
single nationwide point system for all
need citizens, and it is akin to a financial credit score.
Follows you everywhere. There is
no place to hide from the cameras it is evolve
now into you have to have a certain app on your phone and they
You you every day you take you, take this app, you open it up,
and you have to kind of take a test about what the great leader is doing today and he you know it gives you all the new,
so what the great leader is doing and what the communists are doing. That is so good for you. Then you have to take a test. If you don't open that
app everyday. Your social credit goes down if you're not taking that test. Your social credit goes down.
They track you and feed you
everything that they want to feed you and you must consume it if you jaywalk across the street, your social credit goes down. If you are, if you speak ill about the country,
Your social credit goes down. If you are talking to someone who has a low social credit score, your social credit goes down.
It is,
it is horrible what is happening in China. It
is becoming a true police state, orwellian
one thousand nine hundred and eighty four and it
to punish for any kind of transgression that can include MEM.
Chip in or support for the following gong or the or Tibetan Buddhism. If you haven't paid your day,
if you have excessive
video gaming, Chris
is in government late payments failing to sweep the sidewalk in front of your store, how smoking or playing
loud music on trains jaywalking anything that is
unacceptable by the chinese government.
Two awards points for charitable donations, even taking ones own parents to the doctor, and the punishments are harsh
There are bands on leaving the country
bands on using public transportation. So another words, sorry,
all of a sudden you get to the bus and your phone says offender,
not enough social credit. You have to walk you're, not taking a bus that you can't check
a certain hotels. You will
media tly not be hired for any high visibility job. If you have
spoken out against the government, you have posted something that shouldn't have been posted. You
children will be pulled out of the private school. Ann may not even make it into a public school. It can resume
in slower internet connections
and also a social stigmatization, because you,
you are now registered on a public social blacklist. Your
base actually goes up on billboards, electronic billboards
in your neighborhood.
Anyone who interacts with you their social credit goes down. They brag that they can keep
people locked in their house just because they won't. They won't be able to go anywhere.
It is authoritarianism gamified? Now I've told you for awhile.
If Google and Silicon Valley is helping them do these things, what makes you think that
It won't do the same here. Well, they are,
there are now forty or so pilot projects operated by low
governments, at least six run by tech giants.
Beijing is is doing this. China is doing this. They have to nationwide lists one called the black list. The other one is the red list, that's kind of like a a white list. Here.
The chinese government shares its list with all technology platforms,
they they give you every month of social credit and that social credit is due.
Sermons the rest of your life. Now some
These people are unaware that this even exists at this point, because they haven't gotten it all to the entire country, but their goal
is China, two thousand and twenty to have the entire country on this survey.
It's done by the government showed that eighty percent of the chinese citizens that are surveyed strong
approve of the social credit system. Of course they do.
You're tracking them now,
if you are disturbed by any of this, let me tell
what's going on now: in America, the New York State
Department of Financial services announced earlier this year that life insurer
companies can base premiums on what they find in your social media posts. If you have an inch
picture showing you teasing a grizzly bear at Yellowstone with a martini and a hand in a bucket of cheese fries in the other you're going to pay
higher rate. However, if you are doing yoga
you're going to pay a lower rate, anything
thing that shows you're healthy and wise you're going to get
the lower rate.
Anything that shows you that you are doing anything at all dangerous.
I get a higher rate now that seems kind of reasonable. It's like well, you know I have.
I have insurance on me. I can't
go to a war zone. I can't fly a plane. I can't go cliff. You know climbing all this stuff,
never going to do I'm fine with they were like. You can't do these things anymore. I'm like does that include, jumping out of it
really good airplane with parachute and they're like yeah, and I'm like good check that one off my list.
So you don't have a problem with it per se, unless you
do those things, if you
or somebody that is into adventure sports, you better tell the truth:
you're going to pay a very high penalty,
now, there's also something called Patreon Scan, so
the insurance companies are kind of like well. I think that's probably ok,
that you don't smoke and then you're seen smoking on Facebook. It's probably ok, but now we
patron scan. This
honey sells three products, kiosk desktop and handheld systems, and what it is
it's designed to help bar and restaurant owners manage customers
scan, is a subsidiary of the canadian software Company, a biometric company.
It's now on sale in the United States, Canada, Australia and the United Kingdom, and it helps spot fake idea ids, but it also tracks troublemaker.
So when you arrive at let's say a patron scan using bar
what they do is they ask you for id they scan it. The company
contains a list of objectionable customers
designed to protect venues from peoples who have previously had a problem in any bar: fighting sexual salt, drugs theft or any other bad behavior, but the bad behavior. That list is up to each restaurant.
So if you go into some restaurant with a mag hacked, can you
be put on this scan now?
If you are banned in one bar, you will be banned in all bars that use this system and that's
Australia, the United States, the United Kingdom. No matter where you go, you are known as someone who can't go into the bar now, the
kind of behavior all up to the individual bar the owners.
Each bar can ignore the bands if they want the data of
non offending customers is deleted in ninety days. So even if you're not doing
something wrong,
still holding all your information for ninety days, the they keep a private list
that are not shared with other bars if they want. But if you are a bad
customer, it can be kept for five years. They do
have an appeals process, but it's up to the company, whether they listen to it or not, uber and airbnb
we all know that when you get into an uber, if the driver has written something bad about you, you're, probably not
in to get into another uber. If you have somebody who who didn't like you can say whatever
you're, going to not be able to use uber airbnb,
he is now the same, and that is a private
list. So if you are in a an airbnb and think about how big Airbnb is now,
if you're in an Airbnb and the owner, didn't like something or said, you did something.
Even if you didn't do it, they can
blurred Airbnb it's kept confidential. You have no right to see what your accuser is telling you and you are banned from all Airbnb Wats APP,
also developing for communications new, so
little credit score. For example, you can be,
and on Whatsapp, if too many other users block you, you can also get banned for sale
for sending spam, threatening messages, trying to hack
or reverse engineer the Whatsapp APP
or using the service with an unauthorized. App now
This is small potatoes in the United States, but not for the rest of the world, because in many parts of the world this is the main form of communication, not
in allowed to use whatsapp in some countries is like
not being able to use a telephone in America.
Now here's the problem,
but he likes antisocial, violent, rude, unhealthy, reckless people. We got it.
So, what's wrong with this technology.
As I have said before, what is
now being built completely changes our system.
We have always had protections of the first and second amendment. We've had protections of privacy supposedly under the constitution, we don't
First, amendment freedom of speech, Nope
Freedom of Assembly, nope freedom of of of assembly, with people that you choose nope, not protected freedom of religion, no they've, they're banning christian ads now, just because they're christian that doesn't sound like a good thing. Man that
it's protected by the constitution, not really a second amendment nope, anybody can say
no no guns here,
and they don't have to do anything about it. They can pressure bank.
Now to say, don't do business with the gun manufacturers.
Gun businesses or people who have a gun. Don't do business
with them. We're going to cancel their there
Anschel services totally fine, because it's a private company.
Don't quarter soldiers in the house? Well, the NSA is already doing it, but so is so is Google, so is Amazon there? Listening to your conversation, there is no such thing as privacy, anymore.
And no law can stop these things b.
Is there private companies they can do
ever they want inch?
I know they're doing it by force because the guy
China is going this way just
is Orwell predicted in nineteen. Eighty four, but
just as brave new world predicted.
Oxley said it would come with a big happy face on it, it would come through
service and- and it would be great and you'd- want this service both of
those. I remember a time within the last ten years. People were saying: oh
Huxley was right or well was wrong. No, they were both right, one.
One thousand nine hundred and eighty four fits. The e Huxley applies to us in the west,
all right so what's easy to get into but hard to get out of
which a lot of sports cars, but that's not easy. That's not what the answer is: credit card debt with the average interest rate at eighteen percent,
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really recommend that you consolidate all of your high interest debt into a mortgage that has an interest rate of four percent.
Could save you hundreds of dollars a month, even thousands or more the people? I trust is american financing. They do not work for the.
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so Eric Bowling, sat down with MIKE Pence yesterday were going to get a recap from him in just a few minutes. Also coming up in about fifteen minutes, we have the
people that are arguing in front of the Supreme Court today about Prager being banned from or or shadowbanned on,
Google. This is a really important Supreme Court case- will talk to him just before he goes into the courtroom here in a few minutes to argue the case in front of the Supreme Court. So
Yesterday we talked a little bit about 5g and John Bolt, who is one of my favorite employees and just love working with him. He
he is the guy who reads most of the email.
Then, and he hates it. When I talk about how much I hate cats, because all of the cat lovers right in and he's like clan, you just wrecked my day, so I apologize, but I do really hate cats.
He said the only thing that has come close to rivaling. It is what I said yesterday about five G5g there is
no evidence that 5g causes cancer. None
zero zip,
It is most likely. I believe it's
just as likely, if not more likely.
This is a rumor that was started by China or Russia to shake Americans off the track. You have to.
Understand if, if it, if we don't do 5g, if we fall behind,
things are going to change dramatically
if we lose our superpower status, almost overnight, Silicon Valley will collapse on itself, invention
american ingenuity gone because it will.
If you miss this train, it will be like being in the second grade and
in a year everyone else that was with you in the second grade is now in the 12th grade and
you're, not even sure that you were going to be able to make it to the third grade. It is really really a huge deal.
And then we can get into more of that, probably on tomorrow's show. But what I do want to say is
I did some more research and yesterday told you it doesn't cause cancer. I want you to know,
that I was wrong
doing more research. I found that it does cause cancer, but only in the heads of cats, and
so I urge you now
even more strongly to make sure
or that we all have 5g, because you'll have high speed internet ancap cancer
and if you disagree, make sure you're right in
because John loves loves these emails. So, and- and I you know, I think it's fair- that 5g would kill
Glenn we're surfing a very high speed internet
three in me, I have a
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Christmas stories with Glenn Beck available at Glenn, Beck, dot com, all the tickets December seventh in SALT Lake City cats are not welcome.
Welcome to the program fellow blaze, co worker, Eric Bolling, who is heard
blaze,
yeah! We knew we had minimum wage and they raise the minimum wage at gland. Not they haven't told me that I'm not I'm a I'm a
on way from making fifteen dollars an hour and that's why I'm voting for Bernie Sanders.
You met yesterday with the vice president. Tell me about it.
So uhm yeah real interesting there's a faith and freedom conference uh. I guess a fundraiser that Jeff Duncan was putting on in South Carolina
and I get the opportunity to do want to. You are a little exclusive one on one with the vice president said absolutely I drove I live in Charleston Central Object, Green Bell and I got a few. I got like twelve minutes with the West
one on one exclusive: it was fantastic 'cause, I'm driving up there and I'm thinking
there's so much going on right now, there's so much going on in Trumpworld. Do I do this? How how how much you know is you know, Glenn you get someone that you've who's doing kind of
it's reaching out you doing your favorite doing it at one hundred and one exclusive. How hard you press the gas? I said you know what there's too much happy
now I gotta go full throttle. I did ask them the important stuff. I asked him: what's what's this stuff with Nikki Haley,
You know the master tweeting that calm down. Everyone were good friends with the vice president. I said yes and point. Blank is Nikki Haley vying to be the vice president in twenty twenty you know, and then I said, has the president. I told you you are his running mate in two thousand and twenty I mean
the questions. I think she was expecting me that, but I I I will tell you this site, because I floated to the theory among friends at the White House.
Anne I've said you know. I have
nothing against MIKE Pence. I really like MIKE Pence- and I think MIKE Pence was a
one of the reasons why Donald Trump was elected because he was able to galvanize the religious right and and make people feel comfortable with with Donald Trump. However,
I think having Nikki Haley on the ticket with Donald Trump, with no offense to MIKE Pence, I think, would be
very advantageous for the president this time around yeah. I agree. I think he he couldn't lose with either one I,
you're, probably right that maybe you know you check another box with with Nikki Haley the you know trump. You know, let's be honest, he's I believe, he's going to win
with a wider margin than last time, but a lot it's going to come down to the suburbs, and you know the female vote and Nikki Haley certainly firm up that. But I did you either way, but I think it's easier ride with with
for the female vice president? I know that I I mean I know when you have twelve minutes. You probably have four questions, maybe if the person wants to wants to talk
did you get into the economy at all in the trade war is? Are they do you get the sense that they are
very well aware that if the
I mean turns this Presley
going to have a real uphill battle. So so, yes, and that's why I started early because you know like they had said at the time the president is flying back from the g7, and I said that we were in the midst of a trade war with China. We've had conflicting comments coming out, one from the present one from Stephanie Grisham's comms director another one from the president. Again, I said, look are we? Are we prepared? The president said he's prepared to continue to raise tariffs on China Infineum? If they don't, if they don't relented and play ball, he says we are and they said well, I should you know in all honesty, Mister Vice president, I'm I'm against Paris and I love the lot things that you guys are doing. But Paris is not one of the things I like I said, but it seems to be working. I said is this: is this President Trump's idea or is it Steve Mnuchin talking? It is here with Larry Kudlow and the other. Here you know playing hardball. China was just coming from the president. He said
he laughed. He said. Eric's, you know, and I've known the president for fifteen years, as you know the president for a long time he has a lot of smart people around, but he everything he does is comes directly from the president, so he did he waiting on that he's ready to play Hardball China, but I also said well in that case. Can I ask you this: what's this idea about nuking hurricanes
Eddie. He laughed again. He said all you know that that that that didn't happen
alright. So when is this interview air we're going to put it up live tonight? They tell me it's going to be a program
seven pm on the on the blades platform, like usual you're, my show usually comes out around seven pm, Tuesday, Wednesday Thursday, so that will come out tonight. Is this really fast me because I got into some of the I and I ask them? What's? What's the what's the Greenland idea? What's that all about, he really is winding up in a in a way that I hadn't ever
became,
as you know, uh. You know high profile realestate by and maybe some sort of
yeah. What was the motivation I went to his insecurity is a financial yeah and he really broke
I mean it made. One hundred yeah I mean Donald Trump. Is the press has made fun of
on Trump on this one it? Nobody should we've had three or four presidents that have wanted to buy
Keeneland an it is always about sideways, but it
actually is a very wise move. If somebody could get it done. Eric will watch
do that tonight. Only on blaze, tv, if you are not a subscriber, please subscribe
I've and support the talent that is trying to find the answers for you.
We, we are a good, solid team and
invoices that are across the spectrum of the conservative movement, but we
all doing our very best to get you the truth. Eric does America, you can't spell
Erica, without Eric in the middle, the
tonight, you don't want to miss it. It'll be download around seven hundred pm subscribe to the blaze now thanks Eric
we're going to go to the steps of the Supreme Court in just about four minutes standby. For that there's a huge case going into oral arguments today about Google and
and they ban an shadow ban
things like Prager University. Now, maybe
you didn't notice that girl from accounting looking at you until a few days ago, but
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is the Glenn Beck program.
We go to a Craig's for who is
the CMO with Prager University Prager has
been going through trouble with Google. They are they
starting their lawsuit against Google to date, night circuit court. I thought it was a supreme court, but it's not there. Yet it's night circuit Court, which is like raise the court room, welcome Craig. How are you.
I'm great thank you Glenn. Thank you for having me sure,
well as you're getting ready to go in an present. The oral arguments tell me tell the listeners first, exactly what you are fighting. Yes,
Google and you too bad. You know they are a giant corporation. That has a lot of power and control, and you can control what people see and so over the past few years. The problem is,
we continue to get worse and there are now over two hundred Gregory.
Those that are being restricted and get this client five of the videos that Dennis Prager does on the ten commandments are being restricted, so they don't even hide their bias at this point, it's it's really unfortunate, so
So our case is really centered around this argument about a public forum. The distinction between the public form and a publisher, and so a public forum which could be a physical location or it could be a website, is a place where the business invite someone to come on. Excuse me, sorry that business invites the public to come and use their platform for speech. So Youtube says anyone can come on here and give us their opinion, but then they turn around and censor us for their political viewpoints. So that's the basis of our.
What do you think the odds are of winning, because this this doesn't just affect you that affects really anybody who is being a shadow band, and it is, in my opinion, critical that you win this. If you lose this and I'm guessing, you will, in the night Circuit Court of Appeals, because they're in
sane, but if you do lose this, this is a very bad blow to freedom of speech. These corporations will have no restrictions on on any of their behavior. No that's right. That's exactly right in the ninth circuit is crazy, and and if we lose it, we're in big trouble, it's getting more and more scary, and if they have the power to control, what people see
just restrict content that they disagree with. Then this is. This is really scary and most of America doesn't even know this is going on 'cause. The mainstream media is completely ignored. This issue. Well, there
we're doing things like, for instance, they are banning Prager University. As you said, two hundred different videos Dennis is the best voice.
On the ten commandments, I mean his books on
books on the old testament in his his his videos on
ten commandments, there's just nobody even close to him, there's nothing! That is, you know, political
person that is going on with that. This is just a
anti religious bias that they have yeah. Exactly I mean it clearly shows.
They're targeting us for our identity and I'm sure
Sinners may be aware that project vera tos just had a couple of Google whistleblowers come out. You know one of them mentioned that you guys you and your show is on the blacklist, but they've also mentioned that Prager? U,
it's been targeted, their own employees are coming out and admitting that they're targeting conservatives and, like you said Dennis, is message in the ten commandments. Are so mainstream that is really getting to be absurd at this point, their own employees are admitting it, yet they continue to go in front of Congress and they continue to say
but they are politically neutral, which is which is obviously a lie. So what is your? What is your attack? I mean what is the you know. You're going up against. Google has
who has more money and power than God at this point?
What is your strategy? Well? This is the classic case of David and Goliath, and one one reason: I'm really proud to work and represent Prager. You is that we're fighters Dennis. So he says that courage, with goodness without courage. Is it useful, so we're very courageous, decorator you and we're really fighting for freedom of speech, not surprise you, but for all Americans, so that this is a very important case and there's gonna be a lot of supporters there today at the courthouse for greater you, which is very exciting. A lot of people recognize how important this case isn't so
uh yes tonight circuit is crazy, but we're going to take this as far as long as we need to all the way up to the Supreme Court to keep fighting. The good news is if you're turned down by the Knights Circuit Court, they are the most overturned court in the country.
I mean if they say if they say the sky is blue. I'll swear to you that it's red because they're wrong. Almost every time that is true, yeah, alright, Craig best of luck,
thing that we can do to help. Yes, I would encourage your listeners to please
Kroger dot com. We have a petition against you to that. Six hundred thousand people have already signed and if they are so willing,
generous that we are nonprofit profit into any donation will help us keep spreading public awareness on this issue, so we
The fighting in the appreciate you have me on you bet. Thanks Greg it. There is
There are only a handful of things that I believe our God sends and things that will actually help save the country uh
operational. You are the underground railroad, the saving of of children in the sex slave racket, forty million slaves around the world that the Nazarene fund, I think, is critical and and Prager University is another one, but it is. I just don't think that there's anybody that reaches as many people, especially young people, that is Prager university- I mean they are up to.
Think they're billion from view, and they have just swept the internet and their watch for all over the world, and it's really important work. If you can support them and that's either financially or just through a prayer today would be helpful university get things like their their video on the electoral College, like it's something like that. That is like one of the only thing standing in the way of younger people just getting on the national popular vote bandwagon,
but it's actually explained which never happens in the media, people understand it pretty easily, but it takes four or five minutes, and that is that is. That is something that you know the media will actually dedicate to an important topic.
No. You know yesterday, I did a special our two this week, or at least for the next I think two or three days is going to be about the economy and all the things that you need to know today. The truth about recessions. Recessions are good.
And bad for the politician and will explain the truth about recessions that nobody really ever explains anymore. We've completely gone off the deep end on on this
it's, because of the FED. Yesterday we explain, I had so much mail yesterday and people came in to my office yesterday and they were like Glenn thing.
Queue. For that monologue, on how
important America is, we
gave you some stats yesterday about how
Sovereign funds from
well. Almost all of the countries around the world are all
investing in our stock market and in our bonds, because it
the only return. We are the last one that is offering real returns and you can't make money any place else if,
if we fail, if we falter
the entire world falters,
If we get off,
the free market which Elizabeth Warren will
do
the entire world goes to Hell
and that's not hyperbole. If
we fail economically, everything goes to hell in a handbag
and by the way the poll that came out yesterday been waiting to ask you about it. When came out yesterday, that's a that's a real poll! Isn't it?
yeah, it's showing a three way tie. Basically, the top yes absolutely the highest rated pollsters. There is now it's one pole, there's only
one other one. That's shown result like this,
but that one is a little bit shaky, but this one is a plus admin, a plus rated poster. I mean Elizabeth Warren could be our next president you're listening back.
We have
We have an hour on the economy. Yesterday we
do Y America's economy was so important. Today we talk about recessions, they're, good for economies,
There are bad for people in presidents
and you'll learn the nasty secret about recessions that the meat
I will never tell you.
The fusion of entertainment and enlightenment. This is the Glenn Beck program. All this
in this
this time period, I'm going to be
talking to you about the economy. What's coming,
what you need to know explaining things that may
the mainstream media just can't find time to explain yesterday,
explain to you why China is so dangerous playing
playing
some sort of chicken with China is not necessarily a very good idea, they have a Trump card nope.
Intended, and I told you about that yesterday- also, whose fault is it if the
He goes down. If you didn't hear it yesterday,
we please go back to the podcast and listen to it. Today,
we're going to talk to you about recessions,
what are they well? They are good
for economies, they're, just painful for people and
very bad for presidents
again there in one minute. This is the Glenn Beck program. So until
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sessions good for economies, harsh on people, bad for presidents,
No, I don't want to sound like Bill Maher, and I don't want to step into his quagmire sounding like I'm wishing or supportive of a recession striking the US economy. Let me
art by Inv, Attic Lee stating I need
there hope for a recession. Nor am I fork.
Testing twelve to occur now soon next year or at any particular time we are off the chart.
On recessions, so
No one knows more
has gotten himself into trouble because he's openly wishing for the economy to crash into recession, despite the fact that it will be dead
dating to millions of Americans who will lose their jobs, many of them will
their homes or their businesses
he believes that he we should have a recession between now and November, two thousand and twenty, because Trump will lose his reelection bid and that would make it worth it. Even though other people are suffering now, that's easy
for a guy who's worth over one hundred million dollars to say, but let me say I
every day that we do not experience a recession because, unlike MAR
I'd, really rather not see any american it whether I agree
disagree with them, suffer suffering
make downturn
and also because when it comes to the re election of Donald Trump,
Bill Maher is right about that. If a recession happens in the economy goes off the rails, he will be blamed
first term presidents are really susceptible to recessions. Dooming, their chances
at serving a second term and Trump
attached, much of
presidency and his campaign performance of the USA economy, if you're taking
credit for everything, you're
it blamed for everything as well, but
first before we really get into this. Let me explain so we're on the same page for today
purposes, I'm discussing the textbook definition
of an economic recession that
two or more quarters of declining gross domestic product, six months or more, where the
full financial output of the United States is shrinking now,
historically speaking, the United
eight states experiences a recession about every seven years. Remember that number,
every seven years we have a recession. It's going to
to play later and you're going to be. I think it's a
it's a puzzle, piece that falls into your like. Oh, my gosh
now we're currently sitting at ten years since the last recession. The great recession followed. You know that followed the two thousand and seven two thousand eight financial crisis. It's been ten years now this
represents the period we're in now
the longest period of financial expansion in all of US history. That
should tell you something.
So, in a way we are way overdue for our next recession. Already, you know, but that's
no like saying LOS Angeles there are. There are overdue for a major earthquake because they hadn't had one in a while. You know makes for you know, go
headlines and everybody wants to read it, but it's not science now there's a
great misconception about recessions, and this comes from the progressive movement around the turn of the century.
It's all really do because of politicians in part, because
the media and in part, because of our
general tendency toward find
escapes scapegoat when something quote,
goes wrong. End quote, but here's the
counter intuitive truth it you might need duct tape,
to wrap around your head to your head, doesn't explode when I say this to you just
because a recession occurs, it does
necessarily. In fact, it usually does not mean anything has gone quote wrong. End quote in a
healthy functional market economy.
Recessions are normal, their natural, an a
healthy process of the business cycle. Now.
That's hard to say, I'm a
business owner. I
I'm also a rancher. I have a farm,
I know what farmers are going through right now we're going through it.
I am a business small business owner. I know what it is like. I know homes can be foreclosed on by banks.
Families are evicted during recessions.
If savings can be wiped out, farmers lose their land, ranchers are forced to sell their herds
small business owners are forced, forced to cut back on. Workers have to lay people
off or they lose their business. So I have been
through that process myself. It is painful,
it is emotional and it has a real world impact. Nobody wants to go through.
Nobody wants to see anybody else go through that it's a hard time, but that is the trap.
Everything is supposed to be easy will. Life is not naturally easy
when something is truly easy all the time it goes against nature, uh huh
angel downturn. Can
it is really impact many people, so we attend
tend to automatically think of them as bad things,
and so we look for ways to stop them. That's natural, but it's wrong
because it is going against the natural force to stop the
we invent organizations like the Federal Reserve that
is created to stop the
call boom and bust cycles that we were, you know, be in great pain from we.
And boom and bust cycles. We had depressions that would last a year.
Everybody would lose everything and then it would start back up and everything would be good for seven to ten years and then I got bad.
So what we did is we invented the Federal Reserve. Did it work, no
Two years after the Federal Reserve was formed, the US experienced an economic depression, one thousand nine hundred and twenty. I think it was then.
Twelve years later, the stock market suffered the word
crash. Ever America entered the great depression and we've had a dozen recessions. Since then,
in fact, since the creation of the Federal Reserve System, both the frequency
and the severity of US recessions has increased, not decreased
and you're going to understand why, in a minute to
stop a recession, we create
national job programs. We enact government in
structure spending programs, we bail out banks,
bail out automatically auto manufacturing entire industries, the FED pump
trillions of dollars into the economy by buying bad mortgages, govern
bonds stocks and fail
pension funds. Yet
each recession we fight, makes the
next one much much worse. Let me take a quick
and then I'm going to come back and tell you it
exactly why we shouldn't be intervening in the
financial markets, because it
makes things worse and I'll. Show you exactly how and why first
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continuing part two on our week. Long series on the economy and things that you need to know and understand. If you're going to win
are the storms that are ahead.
I want you to imagine for a minute that there is no Federal reserve, yay,
there's no legal authority for the government to bail out any person or any industry. We just had
a simple, truly free market economy. Now
this world that you're imagining now during
periods of economic expansion, investments get made, people are invent
things, they launch new businesses, they speculate by investing in stock
banks, loan money to entrepreneurs, people buy new car,
new phones, tv's jet skis. They take out loan
to build an addition to their home. Things are
expanding and things are good. However, the bank can't
you know, make every investment that the bank is
by giving loans a great investment. People can
do that people have really good ideas for businesses. Maybe
your timing is off.
We they misread the market. Maybe it's
crappy idea.
Businesses fail, not every investment gets that the gets made is equally wise or good. Not every pro
right that is launched or business idea has the same market value investments, weather
to launch a new business or in a given stock. Eventually,
either work out or they don't
The smarter, wiser, wiser or luckier investment goes up in value and there's a payout, the
lish risky or just unlucky, investment lose values and goes bad.
This is not necessarily anybody's fault; sometimes it is sometimes it's not. You could
the entire society of very well intentioned, hardworking and perfectly moral people and
will occur because
every idea meets with success, so
investments workout, some dome and
in the bad or the unlucky investments go bad they
to get flushed out of the system and the
capital in the Energi in which has been allocated to that unproductive investment has to be,
We deployed to new, hopefully more productive ones, so
small business owner who opened a restaurant that just didn't end up being as popular.
As they hoped, has to close the doors. The homemaker
choose handcrafted handmade crafts are not selling on Etsy has to
close down her website
company. You invested billions of dollars, trying to invent the Purp
tool. Motion machine has failed and now has to lay off all of his employees and close their doors. That's the
normal cycle. Some things are good. Some things are bad
no outside shock or stock market crash
is needed, no yield curve, inversion, no war, no drought or
arcane Ivan there were no nefarious. Actors are crooks like Gordon Gekko or Bernie made off. It was
as the natural business cycle of self or
amazing systems coming back into balance and re,
locating energy and resources from uh
performing activities to more
active ones. It's how
grow and get better there's a setback we learn from it. We get better. Now, let's go back to seven years.
Why does every recession happen tend to occur?.
Every seven years, it's because the
fridge Business loan is fine,
two seven years long, so it
as simple as that. Don't let any economists tell you anything different uh
about two years into economic expansion. Money
is lent out in or
by banks to entrepreneurs who start or
and their business summer.
Those businesses fail
succeed and
because the average loan is about five years long, the businesses,
failing, tend to start the start, not paying things back about
six or seven years into the economic expansion, so banks have
to write off those losses.
Land less.
This is lay people off the economy,
absorbs the cycle of higher unemployment and financial slowdown as
recession. It's a peer
it usually less than a year where the economy shrinks as bad investment, bad.
That and bad ideas flushed out of the system, no,
The President of Bridgewater Capital, eats this. One of the world's largest head fund calls this
part of the cycle. The deleveraging phase.
Unsound or unlucky, investments have to be flushed out of the financial system and then uh
period of investments. An economic expand
occurs now. Yes,
when a recession occurs, otherwise innocent people are negatively impacted, sometimes severely
server at the restaurant. They didn't do anything to
or being laid off. She's gonna have to deal with,
not having a job, not having income or children
going to suffer. Everyone is going to suffer. The auto worker who's boss
does decide to invest billions in that perpetual motion. Engin didn't make a bad decision, it was the boss is that
did, but they are going to be laid off. They
deserve our sympathy and, I believe,
more importantly, they deserve our help and assistance, but not through
roll system. Instead,
as a community as people
with a social contract that we have with our neighbors, we help people
the further we get away from farming. The further we get
away from this truth, you might be the best far,
but for some reason something
went wrong: weather water, whatever it is, something
went wrong and you have a failing crop. The
other farmers around you. No I'm going to help this person
and they rally around and they help each other because they know some year down the road they're going to need the help
and it's a social contract. It's what keeps our farming community solid now,
instead of doing those things, instead of understanding the natural and healthy cycle that exists within a free market economy which rewards
best ideas with
stained overall growth, we try
to create a centrally planned system that will provide for positive growth
for everybody.
No one will ever ever suffer it's going to be great
All business is at all time. We
and to believe that somehow this
petition or this central banker can prove
a recession from ever occurring. It's not possible.
If the government were in charge of everything than smart bureaucrats and committees could decide on what ideas are good and bad, what to build when
This is the Elizabeth Warren Plan.
What consumers want need,
or by Harvard trained economist who now
live in Georgetown and they are much smarter than Monpas Kettle in
call town USA,
let me continue,
you will understand the free market, you will
Bernie Sanders and Elizabeth Warren.
Why
recession
is normal and natural and you should not freak out.
Instead, we should actually freak out that the government is
feeling everyone out. We've had ten
years past our last recession. The next one could be worse.
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going to blazetv dot com promo code is Glenn. Save ten dollars get your
description now in support. Conservative voices
welcome to the
program the Glenn Beck program. I I'm talking about recessions today and it's important for you to understand this. I'm trying to give you a week
this hour of of economic food to chew on
because I believe, between now and two thousand and thirty, the world is going to be
facing economic collapse and
in the strongest free market advocate when they're affected there
going to rush toward socialism. We, if,
if this economy doesn't hold together, if done,
will trump loses this race. God help us all
you're going to have somebody like Elizabeth Warren and she is going to use the
motherly. We just
take care of each other kind of thing an we will end the free market. It's part of her plan, uh, so its import
that we all know what
is right and why it's right.
Out recessions can be prevented,
it can be lessened with
pro percent interest loans. They they can flood the market with cheap money.
It doesn't usually help the lower class.
Anne Middle Class doesn't really get rich. It actually expands the distance between the poor and the wealthy, but
Natural mishaps can be prevented with government bailouts. That's
he did in eight poor invest.
This can be prevented with economic district land. You know by appointed committees.
Financial cycles can be prevented completely.
Listen to this by way
the modern monetary theory MBTI, and this is a new theory. It's not it's a very old theory, and it is. It does not work. It's
magic will get into this later on this week, but it is where government simply print money they need at anytime. They determined they needed and
the level of money it is it's. Zimbabwe
is Venezuela and it will
into our way of life, and you have
pull in Washington now discussing it as a brilliant new idea.
So you can do a lot of things, but what tends to occur when governments and central banks interfere with financial markets? Is they may
the recession? It may
worse so, the next recession, you know, becomes a depressione it would
it happened that way if you would have let it just go, and people pay for the mistakes that they made. It creates
distortion in our financial market by injecting
policies and currency and false demand where it would not
I have otherwise been, it makes it
possible the deleveraging process doesn't happen. It doesn't,
the bad business, ideas and investments out of the system and make room for new, better ideas. The banks
never had to pay for their mistakes, and they are much worse today, even with all the new regulation than they were
before. Two thousand and eight.
Now I want to show you the worst example of a centrally planned and controlled economy and how it makes things worse. It's China! Yes,
ok, I told you that their debt to GDP
is running at four hundred and well, is it eighty seven, a percent to GDP? That
what it we're running at about sixty eight percent of GDP, which means take sixty eight
percent of everything that we have made and sold and purchased for the year take sixty
percent of that and just add that to our debt.
There at four hundred and negative four hundred and eighty eight
seven percent they are
centrally planned. They have thirty
in special economic zones. Each one has a committee to determine what to build what invest
things to make
resources to mind
for years pun in
the media, people in banking. They also
talk about the chinese miracle, an unprecedented
twenty two years in a row of GDP growth, at least on paper.
This is why you they have ghost cities entire gigantic city,
with no one living in them.
According to Merrill Lynch, more than fifty percent of the companies in China are actually bankrupt. Fifty percent-
they are zombie companies there kept alive, not because they are able to produce a profit or pay debts, but because their debts
continually refinance by the central bank in a
never ending cycle of more debt to cover
the bad investments. It's the
definition of good money after bad.
This is why, as I told you yesterday, they had to create fifty
trillion dollars in
currency since two thousand and fourteen fifth
a trillion. So you know all the currency in print from all over the world today is sixty trillion, so they
mostly printed almost whatever
country in the world has in in currency and half of that
went into the zombie companies wow.
It happens when bad companies and poor investments aren't allowed to fail for political reasons.
Well, one analogy is think of forest fires, think of forest by we. We have
knee jerk reaction when a forest fire occurs. Oh no, there's a fire. Some
gone wrong: we've got to put it out. We got to save
the forest. Well,
now, wait a minute hold it just a second: the forest will grow back, it will
grow back. It is natural.
Now, if somebody is doing arson, that's different, but lightning is natural. We have more
Forrest now than we've ever had, because why we don't let them burn like
it happened in nature
and we also plant an awful lot of trees.
We all know that it's settled science, that fires are a very imp,
certain part of ecological, the ecological cycle. It helps keep the forest healthy.
It also removes the older, unhealthy and dead plants and converts
into a nutritional resource for the soil and it
it was a much healthier forest to grow. Arkansas
nude intervention into that natural cycle of forest fire prevents the
ed underbrush and the fallen trees from being removed. This is
California's fire after fire after fire, the fire. When, when you do
that, the fire just rolls through it becomes an out of control fire storm that destroys the entire forest and not just
the dead and unhealthy underbrush, the credit site
or is the same, it is the
natural way for self organizing markets to ensure
the resources are allocated to the healthiest and most productive ideas, products and companies, and when
they go out of business, when people learn their lesson, they pay the price for bad decisions. It's painful Joe,
like a forest fire is, but it adds
nutrients to the soil of the free market. So it's good for economies. However, if you interfere, it's very bad
little spot fire pops up in the economy. We
extinguish it with mountains of zero interest loans, bailouts from government and investments. We are, we are making it much much worse. Our economy is strewn
with overgrown companies and programs that simply grow the bubble, even bigger it's happening in the banking sector, which brings us to presidents.
It is understandable that politicians do not like recessions. I don't want a recession
and I'm telling you if the economy goes to Hell in a hand basket which many people
are rooting for. It means the president loses this.
He loses this race, we become a
plan society without a free market.
During recessions, everybody's looking for somebody to blame, because we
think recessions are not natural, that they are bad, the president
visible politician. He has
most authority, and so he gets in you know
outside share of the blame. When quote something goes wrong and if you look at the press
in C since World war, two
one term president had their first term
barred by a recession, Ford Carter, Bush, one
probably was doomed anyway, because Nixon, but the trend holds
before world war. Two recessions also took their toll with
well the with four one term, president suffering through a recession or depression. During the first term,
two others were assassinated and FDR did break the mold, but he was
You know he elongated, I think the worst economy in US history and he sold the the people. A line of lies that were were just that they were
guys they were not helping anyone. They were elongating things and he did it out of compassion
which can be misplaced trump. However, I think is the most acute case.
Recession, impacting reelection chances that we've ever seen, because he has built
presidency on the economy. He is taken credit for everything, so
stocks are up. Unemployment, low gdp growth been solid, every quarter top line, metrics look good, he talk
it's about it. He says see what we're doing is good. It makes him vulnerable
to a downturn very vulnerable,
especially in this where the media and everybody else is just not telling you the truth.
He knows this Ann
he's going to be keenly focused on the economy, make sure it does
slip into recession. I think it all costs
he and his team are already advocating a FED cut for interest rates, restart the quantitative easing bidis, buying distressed out assets.
Farmers that are losing their farms and we should expect more of the
over the next few months. Now
here's some good news, everybody in the FED
they are looking at. They look at themselves like heroes. They are,
they are
Jesus NEO from the matrix
and Ben Bernanke all rolled up into one. They just they
learn anything from this. They think what they did was save the
enemy and in some ways they were right. The
the Federal Reserve
Re Loan did reload after the bailouts of two thousand and nine sing
banks around the world did not, but we
raised our interest rates off the zero percent level. We got them up to two point: five
I've and we sold a lot of that bad debt
until recently, every time
we sold it, the market crash twenty percent first in January
in April than October to Christmas, and
since then they haven't deleveraged anything, but they do have some am
or to stave off a recession, at least for awhile, but it will make the
next one worse. Now, here's what we can do. We can prepare our cell
and our families, our businesses in our communities. We can keep what we have in safe places. We can
make sure that we have savings.
It may mean that you sacrifice, you know something you want today for you know,
so you have something when it's raining outside, you can pay off the debt. Where you can,
you can refinance in uh right now
into a lower interest rate. Get those credit card debt get it down, get your interest rate than the credit cards from eighteen percent to four percent. If you can
back on all unnecessary expenses- and I know
this sounds stupid, but I
One of the reasons why we suffer so much today is because we have broken our covenant as a covenant nation. Every single day we have chased God out of our schools. Out of our churches.
Am we don't have any rules anymore? We don't
even in in truth anymore,
and we were a covenant nation we
to start Lou,
giving the covenant. We have to start behaving like God's people,
which means we have to start serving each other more. We have to start being decent, more
have to restrain the natural man in us and the biggest part of
that is getting down on our knees, humbling ourselves, asking for forgiveness and praying for our country, praying
that what his will is is done.
Whether we like it or not, whatever he deems, is best for us that it's done an we accepted
and that our hearts are softened, so we can help
another through whatever comes more tomorrow,
somewhere within the sound of my voice. There is a man with a whistle around his neck and he is aching to hear it
real call just one more time he gets up in the
or any goes for a walk, and he walks the sidelines of Ado covered gridiron and his to Kovas boots, making a fine, firm noise it now time was. He would
will. He be played on that field, and then he took the boys to state almost every year, as he became the coach and
every time it was almost as satisfying as if he had managed to go himself back in the old days, the boy
stood for something immortal in that game, justice to Kovas boots
for something immortal in him. Now it's about character and quality
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your listening to glance back
yeah, congratulations to the republican governor of Idaho Brad Little is his name.
He was told by the three judges on the Ninth Circuit Court of Appeals that
the State of Idaho must pay up pay for the male to female gender reassignment surgery, oven in
eight sentence to ten years in prison for sexually abusing a fifteen year old boy, uh well atracted to boys. I guess
because he's actually a female and he wants to be reassigned
as a female. That's about
out a twenty
three thousand dollars surgery,
the governor said. No,
I don't think the taxpayers are going to pay for that. I agree.
One hundred and ten percent
pain and suffering, cruel and unusual punishment is what the court says. You're listening to land back. I am happy about. Thank you very much for him because you vacationed at home. I know how to make
and there was not a vacation. It would do that by choice, or did your wife make
the long weekend I had you know we had some work going on at the house that you have going on that. We had some stuff like getting fixed and install the minimum likes. You know if you know the things that build up on your list of things to do. I've got a handle. I've been avoiding them now for about five years. Yes and I've got to take care of all of them now and it's like a whim and we live on the street that was built in like two thousand sixty thousand
in two thousand and eight with all the houses on it so right before the housing collapse,
and so
all the houses that were built in that time frame, yeah looking within the last two months of all replace their roof, and I'm like this is freaking coming
isn't it yes is like, and I we had to do it yeah well yeah, but like I'm, one of those are fun I don't want to. I don't want
all right, Rob Henderson is joining us next. He wrote a great article in the New York Post. I read this weekend: luxury beliefs are the latest status symbol for rich Americans great points. Next,
the fusion, entertainment and enlightenment.
Oh, you know what climate change.
Everyone should have renewable energies who are
motors, and everyone get renewable energy woman
because
people can afford it.
You know marriage is you know, monogamy is out dated and not good for society
course. I'm married, but marriage isn't for everyone
at the rich. There.
Marriage rate is the same as it was in nineteen. Sixty
everyone else is collapsing.
You know religion is really not good. For oh really, isn't, there's a gray
article from Rob Henderson. I read it this weekend in the New York Post
luxury beliefs, there, the latest status symbol for
rich americans- just that is
so true, but when you hear the effect of what that status symbol is doing to everyone else,.
It really rings home is something that is very, very bad for our society.
We go there in one minute,
add program.
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so Rob Henderson writes in the New York Post. A former
estimate from Yale recently told me that monogamy is kind of outdated, not
good for society. So I asked her what her background is and if she planned on marrying she,
she comes from an affluent family works at a well known technology company and yes, she personally
to have a monogamous marriage, but quickly added that marriage shouldn't have to be for everyone,
but she was raised by a traditional family
planned on having a traditional family, but she maintained the traditional families are old fashioned and society should evolve beyond them.
I ask myself what could explain this welcome to the program
Rob Henderson? How are you, Sir good
thanks for having me you bet, I really enjoyed your article. What
explains that and
why is it a problem? Yeah
do you know Glenn IE, study, social psychology and how people are influenced by uh
the Phd student at Cambridge joins in based on a lot of research. It seems that the coach will status is a key driver and how people think and how, how we behave- and in fact you know all this research shows that you know respect and admiration from our peer.
There's contributes more to our sense of well being than even how much money we make, and so this is sort of how I came up with the idea of luxury beliefs, and so this we experience this sort of pleasure to Oro pressure to display our status in new ways, and you know one way we do this is by
just playing. You know, sort of our prestige or intelligence or education, and we do this by coming up with sort of
ever in bizarre argument. You know end, so one concern I have is bad. You know the beliefs of the upper class. You know the big continue to to change an update as people below them. Adoptees believes in sort of their beliefs. The upper class please become more while the more exotic and further did
themselves from ordinary people. There's sort of constantly updating their belief, wardrobe so
squad is, is causing them to do that and because, in the old days
is if you were rich, you might have lived a different lifestyle like the Vanderbilts lived, a different lifestyle, but they didn't
want to be known as as denigrating or
tearing apart everyone else. They wanted to be seen as the average decent American. What's happened, yeah! Well, I think you know two.
You might be going on one is that um sort of luxury goods
and having a fancy items it's just these goods are
more affordable, so everyone can purchase them
and another is that it's it's, maybe not so cool to display your wealth with
material goods anymore. I
but people maybe think it's a sort of tacky or it sort of makes people feel bad too. You know if I get to
for this item, but you don't get to have it, and so both of those things simultaneously make material goods
so appealing, so a new way that the upper class can display
they're they're status is to have these sort of unusual and in some cases, even
Tsar believes uhm and in many cases they hold these beliefs with good intentions. They think,
there may be doing the right thing, but I think alongside that may be more kind. Hearted motive is also this motive to sort of display their social class
so. Give me a give me some examples of luxury beliefs, sure so one belief that I talk about and then you
post article is the belief that all family structures are equal. There's. This sort of
non judgmental attitude that a lot of educate
people have.
You know whether you're single parent or stepparent, or have a poly polyamorous sort of
situation with the parents. You know
equal, but you know the actual empirical evidence is clear that families will,
two married parents- are the safest and most beneficial for young children, and you know often it's it's members of the upper class
you know as you, as you noted, a reading the article there that grew up with two married parents- and you know somehow these are the sort of
You know on the of the belief that you know monogamy is outdated or that you know marriage is some
kind of a you know, an impressive structure that you know all families are exactly the same uhm. I think this relaxed attitude
rude about monogamy and marriage, it trickles down to the working class and the poor and, as you said, you know, marriage.
We are marriage rates between the upper class and lower class Americans were actually quite similar in the 1960s, because
strong social norms in place
and then after went Americans during that time started expressing more skepticism
about marriage and monogamy and the sort of trickle down to the lower classes and eroded the social norms for those people, but for the upper classes, marriage rates actually remained roughly.
That is such that they're, basically getting married at the same rates today. So why the disconnect? Why the p
reaching it they
say this?
Do they not believe it? No, that's an intra
question about belief. I think that they many of them.
I do believe it on some level, but I'm also not entirely sure how much believe actually matters. I think that this driver's social status is so strong that people can kind of convinced themselves of in a strange believes if it gives them the sort of for
back, then the admiration of their peers. You know if it's trendy and cool in the moment in one social group to say that you know
polyamory is is fine. Then people will just say that because they don't want to risk being ostracized in outcast by their peers. So so
me out on on one thing: how do
become a luxury
to have some of these beliefs? For instance, all families are equal,
had really started at least the way. I see it
either one of two ways: it
started as a deconstruction kind of postmodernism plan
and was planted too
destroy our society or it
came from a place to where nobody
wants to. Nobody
is to harm
or say things that makes the single mom
you know, or the mixed family feel bad
and so you're like no. You know when you have a good. You have a good marriage and you have a you know. Are you have a good family and your family is mixed in? So that's fine whatever, but we we
can't seem to find it within ourselves to action.
Go the extra step and say nothing
to do with you, but if there is a choice, it's best,
but the family stays together. I know this first, I'm a divorced guy and from
first marriage I have two children. It would
in a lot better for them. If mom and dad were still together, their life drama
likely change their scars and everything else, which is normal. That doesn't make me
bad guy or you know, mom a bad guy,
add person, it's just that
happens sometimes, but we should be stable to say yeah, but that's the goal to get here.
How come we don't say that? How come that, how come? Why is that gone.
Yeah, well, I mean uh. I think that the first reason you you positive there about you know sort of postmodern deconstruction. I think that that's
example I've sort of displaying one's intelligence and education. You know you can only learn an idea like that and it only university or a college
right I mean you know ordinary people.
Spending their days. Reading about you know, dairy dogs, Juko or something like that right, and I think the second reason you said you know
This idea of, like you know we don't want to. We don't want to make people feel bad. We don't want to
people uhm yeah. I think there's this. You know belief that
other downtrodden and we shouldn't make others feel bad and we shouldn't uhm. You know sort of elevate, our cell,
the bug them by telling them that certain things certain behaviors lead to better outcomes than others
yeah. I think, on the one hand, it makes us feel good to have these. You know sort of fancy beliefs about postmodernism, and then we also
I want to make others feel bad about their lifestyle choices
and a luxury belief would be
the one that
maybe comes from you understanding, postmodernism an understanding, or is it
just at the level of I just don't want to be ostracized and this
what my peers are saying, because they went to college and were indoctrinated with this crap. I think both
those are are, you know, sort of key components of luxury belief,
and you know the way that luxury believes impose costs on others. You know. First, you know their the expression of love.
Police require, believes, require, learning that sort of complicated vocabulary, and
then you know, on the other hand, the luxury belief
it doesn't matter. You know things are exactly the same. I don't want to judge and yeah. I think that there's a there's sort of both of those components at work here, so that the outcome is that the person expressing this belief is raising
status will also you know, intentionally or not creating harm for people below them. You you,
point. Something out that I think is so good in this. You talk about the uh
religion is irrational or harmful. Members
the upper class, are likely to be atheist or non religious,
but they have resources in access to thrive without a unifying social edifice of religion hum
why the upper class is different than the lower class in this you've
about a the article
yeah, I mean yeah a lot of members of the upper class being to have this sort of nasty attitude towards religion that you know, they're, they're, non religious or you know EDS Straight Gnostic and be sort of approach, religion from an
electrical standpoint um, but they also have
you know in their own lives. The upper classes tend to have resources and social connections to thrive,
ouch having to rely on their neighbors
or their community. You know the sort of people who
who are around them and I think religion, sort of provides that, like you, know, buying social out of it, so that people can come together and
a reason to care for one another, and I think that yeah, denigrate
the importance of religion doesn't really harm the rich very much. I think it harms the poor and lack of religion
can give rise to sort of meaninglessness and feelings of despair. Well, whereas the rich they already have those resources, they already have the access and oftentimes they find their meanings,
traveling, the world or through unusual hobbies or or even work, as you point out even their profession. They might have a perfect
and but most people have a job and there's a huge difference right, exactly
uh. I only have about forty seconds left. Can you can you just tell me? Where are we in this trend? I mean
you know: fashion clothing goes out of style
the beginning of this middle of this. Where are we yeah? So it's interesting. I think that one one
fine that we may be shifting trends here is the popularity of this article in of itself. You know, I think, that a lot of the things
point out in that article used to be known as
conventional, and you know like a two parent families, good for kids, correct,
not sure when that became, you know sort of an edgy thing to say, but a lot of people now see.
To resonate with it and agree with it, and I think we may be slowly turning the tide such that a lot of people are coming around back to these more you know, sort of typical conventional believes. They don't feel the need to.
You know, sort of jump on the bandwagon it's for the for the latest. You know bizarre our luxury belief.
I hope that you are right, Rob Henderson. Thank you so much. I appreciate it. Thank you Glenn. You bet uh,
I want to talk to you a little bit about times gone by.
You know as we're talking about these things.
These luxury beliefs. You know things used to be a lot simpler, a coke down at the drugstore cost. Yet nickel, you want
Take your girl out for a movie. You know how much was it it wasn't. Seventy five dollars to go to a movie theater
and every flat top wearing dad who ever had a house with a picket fence, knew how to work his own car when it broke down how to maintain it. Those days are long gone,
there's new technology in your car, theoretically
to the moon and back so, if some
in breaks if you're like me, I mean I'm not. I wasn't on APOLLO thirteen. It took a
of people to say ok, what do you have? Here's, how we fix it?
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station id.
So I got an interesting email
from somebody who I haven't talked to in probably six seven years.
He is
very well known. I mean he's
the class, I think Gov Avadon
Trump, in a way that when you think of business people he would
one of the names that would pop up in your head. Like you know,
model trailers. They say you know famous business person, Donald Trump.
This guy is is in that category
and he wrote to me out of the blue.
Obviously he was listening to the program and he
Ed Glenn. Patrick Byrne
is insane.
And he said you don't don't put your
Justin Patrick Byrne. This is nuts, it's he's nuts
and just don't believe him he's the
stock ceo until recently. Right, you know, Patrick, is, is a really quirky but
owns. Is this guy? So is Donald Trump
people who are like that, so you know so is Warren Buffett he's quirky?
These people tend to be quirky, but I don't.
I don't see this with Patrick Byrne
as something I've, I've heard Patrick, say some crazy things like hey bitcoins,
going to be the future. I know crazy right when he said it was thirty dollars and now it's what
one thousand yeah that's crazy,
sometimes you're right sometimes you're wrong, but this one makes sense to me. I believe, Patrick, on this deal
you're talking about his claim that there was.
States that was trying to the there's a strain of FBI, people or Justice Department, people, not all of them. That
He was involved with the
that we're asking him to do things that he didn't understand. He's got a national security clearance
and then once he saw the Trump investigation in this Russia stuff, he was like whoa. This
is all a setup.
And he mentioned it recently because he's saying that Bill bar is
going to clean it up and you're going to know about it soon
and and whether he said that to make sure that Bill Barr
and the Justice Department kind of include some of these things or have to respond to it. I don't know.
But I believe him and John Solomon: he is the executive vice president of the hill he's an opinion contributor because he's conservative,
but he is a great great investigative journalist.
I talked to him about the Hillary Clinton investigation, which he's been following, and I want to ask him about what does he know about Patrick Byrne in one minute? You're listening
I hate insomnia. I have for the last couple of days. I just could.
I haven't been able to turn my brain off an I had
been up till like two hundred o'clock in the morning reading and researching and uh. I hate that
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the man who previously worked at the Associated Press, the Washington Post the Washington Times he is an award winning investigative journalist and now the exact
vice president at the hill is name is John Solomon. He
is somebody who actually is looking for the truth, and I appreciate his work and his
willingness to come on the on the program. Welcome John, how are you hi good bad to good to be with you go on? Yes,
so tell me I want to. I want to talk to you about a couple of things. First of all,
the FBI seems to be investigating the Clintons again. Well,
that is a good question. The FBI should be investigating the Clintons again, based on the fact that there was a discovery of some highly classified evidence that the FBI never examined as part of its Clinton emails
server investigation. It's remarkable were three years past
the closer that investigation? That's a very controversial down case James Comi. Remember all the things that went on with that yeah
Now we learn three years later that there was this highly classified pile of documents, very important information information that the agents working the case themselves said was going to be in,
to look at before they made a determination on Hillary Clinton's culpability and they never looked at it,
but the other way somebody wouldn't allow them to look at that evidence, and so three years later, thanks to some letters between Senator Grassley, Senator Grassley and Johnson and the inspector,
all of the just the barber Michael Horowitz. We learned of the existence of these documents and the fact that the FBI never looked at him and and what's frustrating is senators can't get an answer from the Justice Department and FBI as the bar Trump Justice Department has not answered the senators about whether they're going to take a look at this evidence. Why do
you suppose that's happening. It's a remarkable thing. The inertia inside bureaucracy right, and so there is something
These documents, that must be remarkably sensitive and perhaps may may cause pressure or questions to reopen the case.
And it does not appear- the FBI wants to go down that path, but it isn't fair to us in America and it is an equal justice system. If you don't complete the job you started, we gave MRS Clinton
during the twenty sixteen election, even though there was broad evidence-
be transmitted highly classified information on a private server. She did not get prosecuted.
And then we find out that a key piece of evidence wasn't examined. That always makes us suspicious in the american public.
So John, it's not I'm not as concerned about the investigation in the Clintons, because I
I think I know what you know. I think I know
say harder. I am
really concerned that we,
you should be investigating the entire justice Department and I don't
think that everybody in the FBI is dirty. I don't think everybody in the Justice Department is dirty, but there are people apparently that are dirty
and we'll move things for political reasons, and that is that
it's not America once we lose trust in our
justice system. We become you, know, Mexico
or Haiti, or whatever, right now,
it's so integral, and we always expected it whether you're democrat or
public and white or black,
living Connecticut, are living in Florida, we're all going to be treated the same when the justices
looks at us, and over the last few years, we've seen a really strong body evidence that people got treated differently based
there are political connections or their political affiliation and that trouble
everyday American. I go out when I'm out and about traveling in the real world people come up to you and say you know it feels like there's two justice systems, one today for the
cats and Hillary Clinton and the other for Republicans in every day,
the common man- and I think that perception is deeply troubling
and really cuts at the roots of our our great democracy, and I think
bar- has an enormous opportunity to fix this justice department. Put the people that are so good in it or
nine percent of them are amazing agents.
The gators in lawyers, get the one percent out and get this house put back in order so that we can trust the the legal system. Do you believe Bill bar? Is that guy
I think he is. He certainly has the credentials to do it. He has shown early on in the Russia Investigation to talk candidly and honestly and not you.
The euphemisms in their bureaucratic blur
that we heard earlier people use in that job? The real question will come down.
Will he really identify the false? Will he really punish people? Will there be real criminal prosecution and the next
months are are telling point we're going to learn from the inspector general just how bad the Russia Faisal was we're going to learn from John
I'm just how much buying went on on a political campaign, and then it will be in Bill bars corner to the side hi who do the bonus? How does he promised them? How does he fixes? How did he make sure this never
happens to another presidential candidate or another American ever again? What does your gut tell you my
that tells me there will be a lot of shaming. There will be a really
mister, counting like we got after nine hundred and eleven, if you remember all the mistakes that the FBI made failing to connect the dots before nine hundred and eleven
a lot of shaming a lot of honest discussion about what was wrong.
More of these euphemisms in spin jobs that we've gotten from the Justice Department and FBI. I think the threshold for prosecuting a former FBI agent or an FBI
department official is very high in this it because of the
natural inertia in the Justice Department. I don't think that's right, but I do think that it exists and
we'll find out what you know whether the Justice Department is serious if they they carry out some prosecutions. We know for fifteen months now, Andy Mccabe has been sitting there identified, having conduct created
or committed. Criminality clearly lie just like we cues MIKE Flynn, just like we have accused Papadopoulos and in fifteen months he hasn't been charged despite two Trump attorney generals. So when you look at that case, you have to wonder, are they going to do it now? The statute of limitations is coming up on that
it is going to be judgement time pretty soon. Every Anne Mccabe gets indicted for lying, just like the other people in the russian case said that I think people will fare, feel justice is done as he walks the could. This continuing question of two Justice Department for two systems of justice is go
persist, and I don't think it's just one for the Republicans and one for the
Democrats. I think it is one for the privileged and
then for the rest of everybody else. Very good point John
talking about the article that you wrote a few days ago, the ten to class
find russian collusion revelations that could rock Washington. This fall yet so
behind the scenes there's been an apparatus that the president has been building as it unveiled it yet, but it's going to be a special office, it's going to declassify and give us true visibility
to what really went on in the Russia case from from the beginning origins, all the way. Back to March, when George Papadopoulos first met with an academic in Rome,
all the way through the end of the Muller reports, and so there on hold on hold on hold on '
is this a real office? Or is this a political office?
This is a real office. Okay, going to be empowered with the power of the presidency
it's going to fulfill the very public statement that Donald Trump made that he was going to classify this information. I think a lot of people thought when he gave the declassification
authority to bar the bar was going to do this sort of public relations. Declassification explain all the documents he gave that the power to borrow so that he could do his investigation
CIA Fbi didn't want to give up something. He had the power to go, get into classified, look at it or share it with prosecutors and FBI agents working on the case, but for the public. The president is always had a different idea in mind. Somebody that could tell a story explained it all in Layman's terms, help us understand what happened, so it never
and again that office is being set up and I would begin to it. But I believe that in MID September Ford we're going to see the documents be to classify that we've been waiting for for more than two years. I take my ten favorite that I know from all the
to get his I've talked to are the most transformational and
they range from statements that George Papadopoulos in Carter page made to FBI informants or on tape where they were clearly expressing their innocence, and that was not provide
the FISA court to really basic information like what was in the face and what was excluded in the face that we still don't know what was in all those redacted pages. There is a significant amount of very
port information that will really rankle Washington in the fall. When these documents get public I'll, give you one fun one:
'cause. It just teases the imagination, the house, investigators, that did the
intelligence review. They had fifty three interviews of really key people most of the main players in the investigation.
There's a revelation in one of those interviews at the Democratic National Committee was in touch with the CIA, and you have to ask yourself: the CIA has no responsibility on domestic soil. The Dnc is a political organization. Why were these two organizations talking and I think when we get, that answer will see just how big a dirty political tricks, the Russia probe
holy cow all right? One more question: I had somebody very
of well known, big business person who
wrote to me and said: Glenn, Patrick Byrne is out of his mind insane and I know Patrick he is. He is different. He thinks differently he's a libertarian, but I don't
he's dishonest
Have you looked into this stuff with Patrick? Are you heard anymore? What do you think I have done? A lot of work
bring over the weekend after his CNN interview. So what I've learned is that the original material that might
my old colleague Sarah Carter, fantastic journalist, one of the best in the country
severely on about Patrick Byrne, is spot on. Those are accurate facts in.
And that her storyline is the accurate storyline of what burn did and didn't do with the FBI and what was going on. There was some soft operation going.
I know how much he initiated a verse of the F B. I control them is in dispute, but I believe the Justice Department, lawyers who interviewed burns a few months back sounds incredible and that is Timeline maps. The other timelines of things that they're finding in the on going investigation,
I think his more recent comments. What I've been told by people who are in the know, the evidence, his more recent comma,
spending a more elaborate conspiracy of multiple people in the FBI controlling him. I don't think those are going to pan out with the facts, but I do
either with contact and exchange of.
Patient and the FBI might
using him as a softway of probing, this Trump Russia
collusion theory, which of course, is falling apart very clearly before our eyes, but I think it's, those are the sort of
relations were going to get in these documents in the fall, there were multiple efforts to probe, monitor spy,
Trump campaign and we don't know them all. We think we do, but we don't. I don't think we know seventy
kind of what really went on in this investigation. Yet this fall will be that opportunity. For accounting
I mean, if there's real, if if people are actually looking for the truth- and it is half of what I think it might be-
we have a we have a
a government or a justice department that is
delete out of control, not all of 'em, just some
there's a strain in there. That is really out of control
I agree, I talked to the senior Justice Department official, who has been in the game that nonpartisan better the job two thousand and thirty years, and he said things that he seen have shocked his conscience and he said I thought I thought
thing. In my thirty years. I think people are beginning to realize that this was a political operation. Can
I could, under the authority of the US intelligence community has something
envisioned. Does America what happen and we have to
so? Is it get it out? There punish the bad guys and then it won't happen again. I think I think that's the right recipe for solving
happened here. I think so too, but I have a different man than I was twenty years ago. I wonder I wonder if anyone really will be punished
and concern while they wait and see yeah. I think that's a real, legitimate concern, John Solomon. Thank you, so much executive vice president of the hill. Thank you. You bet bye, bye, so
nice to talk to somebody who is who's actually
doing their job and you know not
swing it. One way or another, just telling you the truth.
Oh in the facts where they go yeah, so rare theoretically would journalism was supposed to be at one point: yeah, let me
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You can find out in the scene about the ticket to Glenn Beck dot com to get to a few v. I p tickets left and bunch tickets. You can pick up after all right. I wanna.
Play Jen Rubin. You know, of course, she's she's, a great GOP person she's, not she,
oh gosh, so we're 'cause. They say the conservative columnists generally not conserve on how you even trying at this point here. She.
Let's listen to this GEN Ruben. We should be
doing is shining these people shunning shaming,
people is a statement of moral indignation that these people are not fit for polite society. I think any
University of Virginia, for example, for a bit had a relationship with Mark short who is now back with the administration. I think it's absolutely a boring that any
to channel higher learning any new,
the organization or any or entertainment organization that has a news outlet would hire these people. It's not only that Trump has to lose
all his enablers have to lose. They have to. We have, to collectively in essence, burn down the republican Party. We have to level them, because if there are survivors
There are people who weather this storm hang out just like they got so what she's saying here, I've heard it before and I
just want to point it out. Could could we play this audio same thing?
There will be no survivors.
I mean Jen get a new routine
yeah, I mean we're going to burn down and with that would be those of I buzz, and
it's a credible. Now it's a good kredible pov. If I disagree with you, I should shun you and no one should ever hire you again.
Transcript generated on 2019-10-23.