RADIOJune 21, 2024

Nerdrotic: Why “The Acolyte” Proves Disney HATES Star Wars Fans

Disney’s newest Star Wars series, “The Acolyte,” has received some of the worst fan ratings in the franchise’s history — 14% on Rotten Tomatoes!. But is it because of racism, as the show’s star, Amandla Stenberg, suggests? Or maybe, as media critic Gary Buechler of‪@nerdrotic‬ believes, it’s because “The Acolyte” destroys Star Wars lore left and right. Gary joins Glenn to break it all down, from the “lesbian space witch” plot that somehow made Glenn defend midi-chlorians to how the show seems to prioritize DEI requirements above good storytelling: “Disney doesn't understand Star Wars fans … They hate the fans. And they actively hate Star Wars.”

Transcript

Below is a rush transcript that may contain errors

GLENN: The one and only, Gary Buechler is on. Nerdrotic is what he is known as. And he has been hysterical, on the new Star Wars series from Disney+ called The Acolyte.

I haven't seen it. But I have heard about it, and I have heard my friends talking about Gary, and his conversations on it.

Disney is actually blaming him for the loss of credibility on that new space thriller of the space lesbian witches. And YouTube has actually dinged him. And is giving him strikes.

Because he is a hatemonger. Because he doesn't like the lesbian witches in space.

Gary, you're here to answer for yourself, brother. What's happening?

GARY: I'm here to answer for my sins against Disney. Thank you for having me on, Glenn. And that is happening to -- it's not -- it's random. But it's happening to a lot of YouTubers. And commentators. And I'm not sure if you're aware.

The star, Amandla Stenberg yesterday released a diss track against Star Wars fans, and she is copyright claiming, and dinging everybody on YouTube as well for her blatant attack on the Star Wars fandom, which is always, you know, just a great strategy, which, oh, by the way, never worked.

GLENN: Yeah, I know. It's really great.

Look, I'm a star of this new show, you know, from just this legacy that have been loved for 50 years.

And I'm a big Star Wars fan. But all the Star Wars fans, they really suck a lot. They really -- they're crazy. They don't know, you know, talent when they see it. They don't know a good story line. Yeah, that's the way to attract those -- those loyal viewers, every single time.

I saw the Rotten Tomatoes.

The -- the -- the experts tell us that it's absolutely fantastic. 84 percent.

The average audience score is 14.

GARY: That's a bit high in my opinion.

GLENN: Yeah.

GARY: So --

GLENN: Tell us the story first. What is the story?

GARY: Oh, the story of The Acolyte is as you said, there is a coven of lesbian space witches, who magically conceived identical twins without a father, through a power of not the Force, the Thread. By the way, somebody needs to call Darth Povich because the twins don't look anything like mom. They don't have horns.

And they were split up at -- at the age of like -- I would say it's eight or nine. And they haven't seen each other for 19 years. Yet they have identical haircuts.

GLENN: Really? What are the odds of the hair cut thing? Really? That's crazy!

GARY: Well, you know, a good hairstylist keeps her secrets, so obviously she isn't telling either one that they're going to the same one. But...

GLENN: So before we get into more of the lesbian space witch thing, which I think America and the world has been crying out for, for a very long time.

GARY: Yes.

GLENN: Tell me who is in charge of this disaster in space. Who did they get to -- to run this?

GARY: Oh. Former personal assistant to Harvey Weinstein, Leslye Headland is the head writer on this show.

GLENN: Oh.

GARY: Yeah, I know. It's shocking. That somehow, somebody connected to Harvey Weinstein can get work.

GLENN: Yeah. I would think they would be in the federal witness protection program myself.

But they might even turn them down. The -- so she -- she found work, after being the personal assistant. So the one that was lining up all the hotel room meetings and everything else.

She's now the head writer of the lesbian space witch show.

GARY: She is. I think the term is Judas goat.

I think that's -- she got a job by begging for it on the red carpet. When she was famously asked what's your favorite Star Wars. And she said, all the Star Wars. Obviously, not knowing a single thing about it.

Later, she's come out and claimed, that she does.

And she's written this entire story, that not only passes the Bechtel test. It passes any DEI requirement with flying colors for lack of a better description.

GLENN: So go ahead.

GARY: No. Ultimately, it's -- it's the story, Glenn.

What -- what Disney loves to do is conflate whatever happens on Twitter, and any kind of complaints. With like real criticisms of this show.

And ultimately, despite all the obvious, quote, unquote, diversity. Which is just meant to exclude, well, white man. Let's be real.

And it's just a bad story, that destroys the lore. And that's what Star Wars fans are mad about. It goes back to the past and it undercuts Anakin, his entire redemptive arc, the specialness of Anakin and the prophecy. And every time they release another minute of Disney Star Wars, I can't even call it Star Wars. It's Disney Star Wars.

On D+, it destroys more lore, and that's what the fans are upset about.

The thing is, this has been going on for years now, Glenn. You can go back all the way now to the force awakens. And it seems to come to a head on this show, for some reason.

When I think it probably could come to a head five other times. Six other times.
(laughter)

GLENN: But why this one?

I mean, they -- have they just been like, you know what, we've tried suddenly to kill this thing?

Let's just finally kill it.

CHARLIE: Right. They found a way to kill something again! It's pretty amazing.

I would argue that Obi-Wan Kenobi is much worse, as far as destroying lore.

Obi-Wan, his sole purpose was to watch Luke. They had a show where he takes off on Luke twice, follows around a little baby Princess Leia, who never mentions meeting him as a kid.

And fights Darth Vader twice. So it really shouldn't surprise anybody.

But I guess this show is -- I would equate it. Oh, go ahead.

GLENN: No. I'm sorry. I'm sorry.

We have a delay and I'm -- I forget, I'm so excited to talk to you about this.

The -- the -- I never thought I would be in a position of Defending midi-chlorians. But this one kind of throws all of that out. Right?

GARY: It kind of does. I personally am not a fan of midi-chlorians. And never will be.

GLENN: Oh, I hate it.

GARY: Absolutely hate it. But I guess Disney Star Wars has proven, things can always get worse. And the biggest victory comes with the prequels. Like the prequels are now looked at which more fondly than they were before, thanks to every bit of Disney Star Wars, Lucasfilm has created.

But with this show in particular, it's just hit the zeitgeist.

Because I would equate it to the marvels from last year. It was just so predictably bad. And that it still beat our very lowered expectations of how bad it would be.

And it's a show, if you see it, it's contradictory.

You have characters, contradicting each other. None of it actually makes any sense in -- for storytelling-wise. You spend your first two episodes establishing a character. Then you go into a flashback for an entire episode. That really doesn't tell you anything new.

Then the last episode was 27 minutes long. Without previously being on credits.

And nothing happens. Absolutely nothing happens. And, oh, by the way, it cost $180 million to produce.

GLENN: Oh, my gosh.

What is -- what has happened to Disney? I mean, besides all of the DEI crap.

They just -- the greatest storytelling company ever, cannot seem to tell a story anymore!

CHARLIE: No, they are creative bankruptcy personified now.

And they were on the top when Bob Iger decided to buy a bunch of franchises.

And everybody was calling him this massive genius when he just went on a shopping spree. And never bothered looking into what it takes to cultivate these franchises and keep them around.

What it took to keep them around for decades. You know, it's not being talked about as much. But they have a Dr. Who Show, that they're now in charge of, running around with Acolyte.

It's a race to the bottom with both of these.

GLENN: I love Doctor Who. And their -- and their --

CHARLIE: So do I.

GLENN: When did Disney buy into Doctor Who? I hate the BBC, but how did the BBC even let that happen?

GARY: Well, they were about to cancel it because the first female doctor played by Jodie Whittaker, by the way, wasn't a hit like they suspected.

GLENN: Oh, no. What a surprise.

GARY: Yeah. What a shock. So they decided to bring back Russell T. Davies, who had brought the show back in 2005. And it was extremely good and popular. And it's just proved that you can't go home again, and how much has changed in entertainment, Glenn.

I -- post-2016, you have the guy who originally brought it back. Made it a worldwide sensation.

Making the worst Doctor Who now.

And, of course, it's filled with things like pronouns.

And we had -- it's not even the first like male kiss. You know, gay kiss. In Dr. Woman WHO. But they gave this one to the doctor. And made it more prominent with the first black gay doctor. And they're in this trap now.

Instead of giving the fans what they want and just making good entertainment, they have to abide. You know, and the BBC started this much earlier on back in 2012.

The Diversity and Inclusion Initiative, which is all the DEI stuff. And it prevents them from telling a good story. They have so many rules on themselves.

So with the corporatism, it goes back to Disney. With the corporatism, they really can't take chances anymore.

And this even goes beyond woke entertainment. They just need to have this built-in audience, to spend money on anything. And in my opinion, overspend.

And what makes things insane is they paid so much money for this built-in audience, that they immediately decide to piss off. Not only with their story telling. They come out and gaslight the fandom, with a term that's a real term called fan baiting. Which is to start controversies online, so people are talking about their show.

And, again, I haven't seen an example of this ever working. But they've been doing it now for seven or eight years.

GLENN: We're talking to the Gary Buechler.

So we're talking to Gary Buechler about Nerdrotic. Or he's -- he is Nerdrotic online. We're talking about the new Disney show. You know, they omitted they had a secret gay agenda. And I really don't care. And I really don't care.

But God, stop preaching to us, and stop trying to make it look like the whole universe is, you know, lesbian space witches.

Because it just ain't. It's just not.

And, you know, I used to think, that George Lucas was the biggest problem to Star Wars. Because he would introduce things like Jar Jar Binks. Like, oh, jeez. But at least he cared about the story. At least the story of the force was consistent. And it built on each other.

Not anymore!

GARY: No. Not anymore. This was a basic story of good versus evil, and it doesn't work in the modern nihilist times that we're in. Where, oh, it's gray. And the Jedi are bad. George was a genius. George is at the top of his craft -- he -- there will never be anything like him again.

Was he the best storyteller? No, he actually had a lot of help with the original trilogy. Not much help with the prequels. But he still -- when he's putting in half the effort, he's better than everybody in Hollywood.

And he's looking much better nowadays too. Unfortunately, with Bob Iger, with Nelson Peltz and because he's an old man. Right? He's in his 80s. He doesn't want to rock the boat. He made a lot of money on this Disney deal.

A lot of money. But Disney doesn't understand Star Wars. They never will.

And more importantly, they don't understand Star Wars fans. And they actively hate them. Which has been kind of the undercurrent.

Sorry.

GLENN: No. I don't think they understand anybody.

I really don't. I don't think they understand their own Disney fans.

You know, the children in their families. They don't understand any of it.

They act as though they do hate them.

GARY: Because they do. And forgive me. This isn't Glenn's fault. This is my first radio interview. And I apologize. And thanks for having me on, Glenn.

They hate the fans. And they actively hate Star Wars. And they're now calling the fans racists and bigots for pointing out inconsistencies of lore, like normal fan stuff. Stuff that fans have done forever and will do Trevor.

And Hollywood is having a very hard time in -- in the social media era. We've seen the death of the movie star. And, quite frankly, it's because we got to know them.

And now it's based on property. Right?
And they don't want to take the time to understand these properties. And you can't use the old model of, oh, well, we can just change stuff, and nobody is going to care. No. A lot of people always cared. Now you're going to hear about it, a lot. And you have to figure this out, or you're going down.

GLENN: Gary, thank you so much for talking to us on. He's one of the largest pop culture voices on YouTube and social media. And the establishment, Disney, and everybody seems to be afraid of his voice. Because he's -- he's just speaking the truth that we all know.

TPUSA's Turning Point tour LIVE with Glenn Beck

In this poignant segment of Turning Point USA's American Comeback Tour live event, Glenn Beck honors the late Charlie Kirk by revealing his private plan to name Kirk as his successor in conservative media, emphasizing Kirk's unparalleled dedication and achievements. Blending themes of faith, history, and personal resilience, Beck shares life principles on forgiveness and truth while unveiling 'George AI,' a revolutionary tool for exploring American history through digitized artifacts and interactive conversations with Founding Fathers.

Trump's peace deal: A new era for Israel and Hamas

Israel and Hamas have signed phase 1 of President Trump’s peace deal, paving the path for the release of all remaining hostages, hopefully in a few days. Glenn and Stu explain the significance of this historic deal and what it could mean moving forward.

Transcript

Below is a rush transcript that may contain errors

GLENN: Oh. Your initial thoughts here on the peace deal?

STU: It's an incredible opportunity. I think it is important to remind ourselves, that this -- these things typically do fall apart. That is essentially your expectation, any time anything like this happens. Part of this is going to be Hamas coming through on promises.

I have very little belief that they are typically able to do such things.

That being said. They probably also -- you know, one of the things -- a friend of mine pointed this out to me. We were going through all of this.

And he said, you know, one thing to think about it: This is, like, not the B team of Hamas. But the R team of Hamas. They've killed so many of the leadership.

GLENN: Yeah, yeah.

STU: These are people making decisions that were not at the top of this organization and had those ridiculous ideological beliefs that would lead you to October 7th. That's not to mean that Hamas, these people that are left are like, "Hey, you want to invite them over for Thanksgiving."

But I do think there's a possibility here that they're like, you know, maybe this life is not here for us.

GLENN: That would be nice if that were true. I don't know if that were true. But it would be really thyself.

STU: I don't know if that's true. I do think there may be a little bit lower ideological commitment, potentially. And also, the idea that some of these people might be able to make this deal and escape to another third country.

GLENN: Yeah.

STU: And live life there, in a different way.

GLENN: So the breaking news that just was announced, Israel, their parliament or their cabinet just met or approved phase one of the deal.

And Hamas has just come out and said, they accept phase one of the deal.

That means the hostages will be released either this weekend or Monday.

Any remaining hostage will be released.

STU: I mean, just that.

GLENN: Just that.

STU: If that occurs, it is a massive achievement.

GLENN: Yes.

STU: So far, it is already the greatest opportunity we've had.

And only possible because of his detection to this idea!

GLENN: And his deal-making.

Not just his vision.

But his ability to work all of the parties and find out what all the parties need.

And make it happen.

You know, we're not talking about peace between Gaza, you know, Hamas, and Israel.

We're talking about peace in the Middle East.

STU: Yeah. It's bigger. It's bigger than just Israel.

GLENN: I mean, it's Egypt and Saudi Arabia and -- and Jordan to some extent. And -- and Turkey. All of them getting together and saying, you know what! We'll rebuild Gaza. We want to make it into a very prosperous kind of area. I mean, think of places in Saudi Arabia that are so prosperous. That's the way Gaza could be. So they're all getting together and they're saying, "We will rebuild. We'll oversee. We will try to make everything -- you know, keep everything held."

They will put their money into it, which means they have a lot to lose if it goes awry. And they're all saying, "We can co-exist with Israel."

Three years ago, did you even think that was possible?

STU: Yeah. And, you know, look, there are a lot of places you can go and find non-stop criticism of Donald Trump. They will say terrible things he does, and everything he does is the worst thing ever.

GLENN: Yeah.

STU: Also, there are plenty of places you can go where you find that everything that he does is the greatest thing of all time.

I hope you realize that's not what we do here. And I -- on a -- I said this -- and you said this as well when we -- when this was unveiled.

Sometimes, you can get -- people are critical of the way Trump handles these situations.
Sometimes. And sometimes there's arguments on that.
Sometimes it's not the best approach.

You know, we were critical of him, for example, how he handled Canada. You know, probably cost Poilievre that election. And I think that's a really bad thing.

GLENN: I do on top.

STU: That being said, this is a great example of where his instincts work perfectly. This is all set up over a long period of foundational stuff from his first term. With the decision he made, to come out and just announce the agreement with Netanyahu. We agreed. We agreed to this peace deal.

Now, in theory, we have no position to agree between these two parties. But he came out and all of the focus had been, look at all the bad things Israel is doing. Look at how bad, they're so evil. They're so bad.

And he said, we agree with Israel. Now we just need Hamas.

And so the world's attention was like, what's Hamas going to say?

Finally, he was able to focus his attention to the appropriate place. To the party that is holding the hostages, to say, hey. How about asking if they want to a freaking cease-fire for once?

He was able to do that. In a way that I think only Donald Trump could achieve. Which leads to this, over a long foundation.

GLENN: And here's another thing.

You know, this guy has walked through wall after wall after wall of fire. Everybody calling him everything. Nazi, every day.

Here's a guy who, you know, in a time period where the whole world is like, the Jews control everything. Donald Trump is run by the Jews.

He not only kept his relationship with Israel solid and helped them, when he thought they were right. But when they were wrong, in his view, he chastised them.

He knew how to do it. And still hold their respect.

And gained the respect of places like Qatar. And say, so Qatar. When he chastised Benjamin Netanyahu and Benjamin Netanyahu had to I think apologize to some degree about what they did in Qatar.

That's when the Middle East went, wait a minute.

He's not being controlled by the Jews! You know what I mean?

That should be a really big wake-up call to everybody who thinks that Donald Trump is just being controlled by the Jews.

No. No. No. He's not.

He does what he thinks is right. And he'll chastise both sides.

And he will support either side. When they're right, to get to a deal. That's good for everybody.

This deal could be amazing.

I don't have any -- and it's not because of this deal.

I happen to -- I read the end of the book. So I know how this ends.

This will not -- you know, this is not --

STU: You skipped ahead?

GLENN: I skipped ahead. I skipped ahead.

STU: Don't ruin anything.

Don't -- no spoiler alerts.

GLENN: I won't. No spoiler alerts.

Let's just say, this might last for a week. It might last for a thousand years. I don't know.

But we will be in this situation again. We all know that. We all know that. But let's take and celebrate peace while we can.

And the hostage is coming back. That is massive. Massive.

And due to Donald Trump.

Today, if you don't like Donald Trump, fine. Fine.

But how do you take this one apart?

Honestly, how do you not claim this is a massive victory, for the whole world?

STU: Well, I can tell you, that a lot of people on the left are rooting for it to collapse, which is a shockingly revealing moment. I mean --

GLENN: Wait. What?

STU: They are -- you know, they're not going to be out there like, we hope this collapse is.

But you know they hope it collapses.

They don't want to give Trump credit for it.

And they would rather have this continue. They would rather have this war go on.

Than admit that the reason it's ending is because Donald Trump was able to negotiate this deal.

That is central!

GLENN: I think anybody who has played politics with the Palestinian, you know, all that stuff. And all the stuff on the streets. That -- that has been a very effective tool for them. And so I would agree.

And they don't want that tool to be taken away.

STU: You think the Hamas wing of the party wants this? You think Rashida Tlaib is all thrilled about Donald Trump's efforts here. They will hear about Ilhan Omar -- how wonderful --

GLENN: Those are extremists.

STU: I mean that. This is a very revealing dividing line on the left. Right?

If there is anything that is ever going to happen, that Donald Trump can be given credit for. That you think this could be clear. John Fetterman. Fetterman has obviously pretty good on this issue. But Fetterman came out, gave a statement that should be basic. Basic. Like, hey, this is good. And I really hope it works. Donald Trump did a good job on this.

That's the type of stuff that should be obvious for everyone to be able to --

GLENN: That's what "Tip" O'Neill would have done. "Tip" O'Neill and Ronald Reagan, they got together. They disagreed. They fought hard, but they had dinner.

Yeah. Because "Tip" O'Neill could say, that was good. That was good. What he did was just good for all of us.

STU: That worked well. Good. I'm glad that happened. You should be glad that happened. We should all be rooting for the success here.

Even if what the -- you know, like, I rooted -- again, I have all sorts of criticisms the way Barack Obama dealt with the Middle East.

Yeah. Plenty of them. And we went over them over and over and over again.

And plenty of issues with specifically the way he went after Osama bin Laden. But on the day that it happened, really happy about.

Very happy that we were able to do it.

Now, look, it's our military that does it. They can say all this stuff too. They can say, oh, well, the real reason is. Blah, blah, blah.

But we can still be happy, that this occurred. And you can still be excited and give credit where credit is due.

GLENN: This is a win for all humankind. For humanity!

For life!

Stopping Hamas from torturing. You know, torturing kidnap victims.

Stopping the bloodshed that was happening because of the war on both sides.

That is a win. Having the possibility of a stable Middle East, at least for a while. That's a win!

That's a win all the way around. Everyone should be happy. I don't care if you like the president or not.

Everyone should be happy that mankind, put one on the chalkboard for all of mankind today.

This is a huge -- never seen -- this is on the good side. Never seen this one before. Didn't see this one coming.

I mean, we should all be able to say, wow!

And thank you. Because he's the -- I really, truly believe, when it comes to negotiating things like this, there is nobody better.

I mean, that's what he does for a living.

And he knows it. He knows how to read people. He knows how to it.

And this is evidence of it.

STU: And he will do things that are so out of the norm. That it resets everybody's thinking. You know, I mentioned --

GLENN: If he wouldn't have done that. If he wouldn't have done that, we wouldn't have all the Middle East signing on to a peace deal.

STU: I respect. What would they have done in a situation like Trump was with Netanyahu?

Their advisers would have said, "Look, this is great. You guys are together on this. Let's go to Hamas. We'll talk to them. We will see if we can get something done. We don't want to ruin it by announcing it publicly. There are times, where that tactic cannot work. But it worked really well here."

He forced them to basically say, "No, we don't want a cease-fire," or, "Okay. We'll go along with this."

And, by the way, you go down this list, there's a lot of stuff -- this is Hamas never, ever having control of this region ever again is built into this agreement. Now they've only talked about -- they're only on phase one here. So we don't know that we get all of this stuff. But like, there's a lot here that really improves the lives of Israelis, of --

GLENN: Palestinians.

STU: Arab Israelis in the region. You know, Palestinians. Other Arabs in the region.

GLENN: Saudi Arabia. Everybody.

STU: Yeah. Not to mention, just globally.

Right? This is a positive.

GLENN: Look what this does.

That's Turkey. So that separates Turkey from Syria, which is right in bed with -- with Iran.

I mean, think about how this box is. If you have the entire Middle East, now operating with Israel, and saying, we have a right to exist. Think about what that means, for this block, now to Iran. Iran doesn't mind being a pariah.

But now, everyone is officially saying, aisled do business with them.

STU: We will choose business over these guys.

That's a big statement in that world.

GLENN: That's a big deal. Big deal.

Gold is at $4k an ounce. What that means for YOUR dollar

Gold has reached a record high price of over $4,000 an ounce. So, what does that mean for your dollar? Financial expert Carol Roth joins Glenn to explain why this news is so concerning and why many big investors have started to buy gold.

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, Carol Roth, welcome to the program. How are you?

CAROL: I'm doing great, Glenn! I'm actually celebrating my 26th wedding anniversary today, so it's a blessed day.

GLENN: Oh, my gosh. Congratulations! Congratulations! It's weird. I'm coming up on my 26th on January.

CAROL: Oh, fabulous. Fabulous. It's a good amount of time to be married, yes.

GLENN: It is. It is. So, Carol. Let's talk about the price of gold hitting --

CAROL: It's over 4,000.

GLENN: Which is nuts. And I don't think people really understand. I don't think the average -- this is my guess, and I want you to correct me. I don't think the average person is buying gold. I think this gold-buying is happening from sovereign funds and central banks, mainly. Also, Asian markets. I don't think Americans really understand what $4,000 an ounce means. Can you explain it?

CAROL: Absolutely. I think the world both, investors and central banks are catching up to the things that you and I have been talking about for years. So, you know, we're ahead. We warned everyone. And now this is a little bit of catch-up. Interestingly, you know, as you noted, the average American is very behind in terms of what gold means.

When you look at Chinese households. When you look at Indian household. There are estimates that each one of those country's households owns up to 30,000 tons of gold at this point. Which to put that in context, the US government owns 8,133 times.

GLENN: So the Indian households, all of them combined, 27,000 tons.

CAROL: Right.

GLENN: What we say we have, is he 8100. Wow!

CAROL: So the households in China and India are really ahead of the curve. When you look at data for the US, it's a little bit hard to get good data. But from what I've seen, the estimates are only about ten to 11 percent of US households at all, have exposure to gold.

Now, I know that your audience is very sophisticated and is ahead of the curve. And I would imagine blows through that number. But just shows how sort of unprepared US households are in general.

GLENN: When you're looking at Indian and Chinese households that own gold. Does that include all the gold jewelry?

CAROL: Yes. Yes. That's actually, particularly in India. One of their preferred ways of procuring gold. Yeah.

GLENN: Okay. So gold has -- gold has shot up over $4,000 in record times. I mean, breathtaking time. What is causing that?

CAROL: Okay. So there are a confluence of factors, and I think the two most important factors, which, of course, are linked. Are what Wall Street is now calling the debt debasement trade. Which they're just caught up. And gave it a cute name.

And changing the global financial order. And they're very much linked.

GLENN: Yeah. Tell me, what is it? The debt debasement? What is that?

CAROL: They're doing the debt debasement trade, which is just basically what you and I have been talking about, which is our unsustainable fiscal position.

GLENN: All right.

CAROL: And what all of the money printing that we've seen over the past 17 years, what that has done to our purchasing power, and how that's going to catch up to us.

So as a reminder, our debt to GDP is at emerging market crisis levels. We were at 120 police levels of GDP.

We're running deficits equivalent to a war-time level. Or recession level, while we still have growth.

Which is crazy. We have interesting interest rate -- or interest payments that are outpacing defense spending.

So everyone is now finally catching on to the fact that this is an unsustainable financial position.

And it is going to be very difficult to get out of. Without there being some sort of additional debasement of our currency. Which is a fancy way of saying, a diminishment of your purchasing power.

What's really crazy. There's a chart that's been going around, and they did kind of a comparison of different asset classes. Price in US dollars, price in gold.

So if I look from the end of September 2018, out seven years, and you look at the top 100 NASDAQ nonfinancial companies. It's called the NDX. In US dollar terms, that is up 236 percent. So you think you're super rich, right?

But in gold terms, solid money that doesn't -- you know, that doesn't have its value debased. It's only up 4.7 percent.

GLENN: Oh, my gosh.

CAROL: Yeah. Of course. The S&P 500 up 133 percent over that period in dollar terms. It's down 27.6 percent in gold terms.

And what's called the Case-Shiller Home Price Index, which is the value of homes, the way that's measured. Dollar terms, 60 percent. Oh, houses. So expensive In gold terms, it's down 50 percent.

In fact, right now, it takes less gold in terms of ounces, to buy the median single-family house, than it has in decades and decades and decades.

So it goes to show, that even though we see these dollars. They're buying less and less. And now, you and I were talking about this forever.

But now Wall Street is catching on. Oh, that's not a great thing. And so in terms of preserving the hard-earned capital, we need something that is that -- that hedge. That mutual hedge that is going to retain its value.

And that's why more investors, institutional investors. Funny enough, a lot of millennials, more than anyone starting to really get in to gold.

GLENN: You know why? Because millennials have not been trained their whole life. Trust the system!

CAROL: Yes.

GLENN: And they see it clearly. And they look at it, and they're like, well, this doesn't make any sense at all. And they're going to spend this.

And they will wreck the dollar and everything else. They just see it without being trained over and over and over again. Like, trust the system. They don't trust the system.

And once you realize, the system is rigged in a million different ways. And the system is not telling you the truth.

I mean, that is amazing. When you look at the stock market. And you say, it's actually down, when you compare it in US dollars. To gold!

What's happening -- let me explain this to the audience. What all that means is: Gold is only going up in dollars. It's staying -- it's staying stable. But it's costing you more because of inflation. The dollars are buying less! So it looks like you're paying more, but you're really not. It looks like the stock market is going up, but it's really not! It's what it costs to get in with dollars. If you're going in with gold. You'll actually see that if it was all done in gold, the stock market is down. The price of housing is town.

It's the dollar. It takes more dollars to buy, than it does with gold, which holds its value.

That is -- if people could understand that one thing, that changes all the conversations of, the government has to do something to make housing more affordable. No, they don't. They have to stabilize the dollar. They have to stop spending so much money.

CAROL: Yeah, I mean, if you think of the three definitions of money, it is a medium of exchange. You know, how you helped to exchange goods.

It's a unit of account, which we say, things are priced in dollars, and it's supposed to be a store value. The unit of account, that you just talked about. My friend Steve Forbes has a great analogy, and he talks about other measurements.

You know, imagine that your clock, you know, one day, at 12 o'clock, you know, means midnight. And another day, 3 o'clock means midnight. Or 6 inches to measure a curtain one day. And then the same measurement is like a foot, a different day.

You can't have -- a consistent measurement if the unit of account continues to change. And that's what we've been seeing here with the dollar. And unfortunately, it has not been to our favor.

Which means, that when you work really hard to earn something and it's valued in a dollar, that over time, that -- that work that you put out, your productivity is worth less and less.

And so what gold is meant to do. It's meant to be Capitol preservation. It's not a risk asset. It's not meant to take on risk. And maybe go up a ton. And maybe go down a ton. It's really meant to be a counterbalance to what you have earned. So that you can preserve your purchasing power.

GLENN: You know, I've been saying this for a long time. That you put your money. And I have money in the stock market. You put the money in the stock market.

If things really go awry, go ahead. You're going to cash out for an awful lot of money. But those dollars. It will be paid back to you in dollars.

Those dollars will be worth less, even though there's more of them stacked up, than that ounce of gold, or, you know, that 10 ounces of gold, or whatever you had!

The stock market is paid in dollars. And so as the inflation goes up.

But gold keeps its value!

Keeps its value and hold it steady.

So, yeah. You will be paying more in dollars if you try to sell your gold. But that will continue to increase while stock markets will go down. Am I right?

CAROL: It's a counterbalance. So if things were to shift, and for some reason, you know, things were to change with the dollars, which we would need a lot of different catalysts. Then your gold goes down. It's a counterbalance, which is why it's important to have that diversification in your portfolio. And to have the gold hedge.

What's interesting, Glenn. Just the history, we're talking about millennials.

You know, they went through the great recession. Financial crisis.

They're kind of keyed into this. But if you think about when we came out of the '70s with this crazy inflation. We came out of the gold standard. It used to be very commonplace for a financial adviser to sit down and say, okay.

We've been through this. And so you should be putting, you know, five to 10 percent of your portfolio in gold. As the stock market took off in dollars. And became this big thing.

And they started seeking fees. That went away. Financial advisers, who don't get paid sometimes at all, when you allocate to gold. Stop recommending it.

GLENN: Yep.

CAROL: And now we're seeing a shift back, now we're seeing, you know, oh, yes. You should have some. Some of the big names out there saying, even more.

GLENN: Ray Dalio just came out and said, 15 percent.

CAROL: Yes, we've seen big names like that, anywhere from ten to 20.

And when they surveyed high net worth investors, which are $250,000 in assets or more, they're averaging right now, 21 percent of their holdings in gold.

So it's a very big flip in recent years, on how this is being viewed bit people who have accumulated those dollars and are worried about them.

GLENN: Okay. So let me just summarize here before we move on. On to some other questions.

That is exactly what my grandfather who lived through the great depression said. What are the people with big large amounts of money doing?

I want to do that. And if I did do that. I would be better off in the great depression.

You just heard it, 20 percent or more, right?

From big dollars.

They're investing in gold. 20 percent!

You should -- you should have some!

CAROL: And it's interesting. Some of the portfolios we're seeing is coming from not only the equity peace, but from the fixed-income peace, which is pretty interesting too.

GLENN: Amazing.

Unmasking Antifa: The Dark Truth Behind Its Well-Funded Network | Glenn TV | Ep 461

The cities of Portland and Chicago are turning into war zones. Federal agents have been ambushed, police have been ordered to stand down, and mayors are defying the Constitution. It’s insurrection in plain sight. Glenn Beck heads to the chalkboard to uncover the hidden support and funding networks propping up Antifa. Glenn debunks the myth that Antifa is decentralized and leaderless, tracing connections from Soros to Tides and other shadowy nonprofits. Plus, independent journalist Nick Sortor joins from outside an ICE facility in Portland, where he was wrongfully arrested by police following attacks by Antifa members.