RADIONovember 27, 2023

Banks are using ESG to DISCRIMINATE against average Americans. Here's how to STOP them

It's not enough to stop big banks and financial institutions from forcing businesses to abide by ESG rules. We also must protect the average consumer. Glenn speaks with Justin Haskins, the co-author of his new book, "Dark Future," about how banks have started secretly denying loans to people on the basis of ESG. Glenn and Justin are also joined by Florida State Representative Bob Rommel, who has been leading the charge to protect consumers in Florida from the ESG "cartel": "To me, it's just another form of discrimination."

Transcript

Below is a rush transcript that may contain errors

GLENN: Justin Haskins is with us now. He is the coauthor of The Great Reset. And Dark Future.

Both of my New York Times best-selling books. And also research center, director for the heartland institute.

Socialism Research Center. How you are?

JUSTIN: Good morning, Glenn! I'm doing great. I'm in Stu's chair. We threw Stu out of the studio. He's terrible. I'm in the chair. And I have to tell you, this feels good, this feels right.

GLENN: Does it? Don't get too comfy.

You also brought with you Bob Rommel. Bob is the Florida state representative who has been fighting against ESG in Florida. And Florida has the model. Do you think?

JUSTIN: Oh, yes. Yes.

As you know, back when we put the Great Reset book together, and we realized that ESG was the key to the entire Great Reset puzzle. And you and I thought, this is pretty depressing. Because no one was going to do anything about it.

But we were convinced, no one was going to do anything about it.

Then the book came out.

And the states across the country, started enacting various ways of fighting back against ESG. But in many of those cases, we've had 14 different states.

That have put some kind of an anti-ESG legislation together.

Most of them are focused on making sure that government pensions and government contracts are not being used to promote ESG causes. That's really good.

GLENN: Sure. It's a start.

JUSTIN: That's really great. It's a start.

But if you really want to protect people, you have to protect consumers. You have to protect the individual.

And the only place where they have actually enacted a law that does this. That protects financial individuals from financial institutions, promoting ESGs in the state of Florida.

And Bob Rommel is here with us today in the studio.

He is the champion of that cause. He's the guy who led the charge in the House. And he is a personal hero. He really is. He's a personal hero. So thank you for being here, Bob.

GLENN: Bob, thank you so much for standing up for this.

I don't know why more states won't protect the consumer.

They will protect all the big guys. But it's the consumers. The little person, when they go to try to get a loan.

You know, the farmer that tries to go get a loan, and he's rejected because he's not doing everything he's supposed to do, ESG-wise.

And that consumer will never be told, it was because of ESG. So they can't sue them. They can't do anything about it.

BOB: Well, Glenn, thank you. And Justin, thank you for those kind words. I don't know if anybody called me a champion. But thank you. As an ex-banker, I know that if you control the capital, you make all the rules. And you do everything.

I sort of look at ESG. Some of the ESG rules. And some people that are telling me about it, two years ago. And then the incoming speaker, I told him about, we have to do something about this in Florida. We need to protect our citizens.

To me, it's just another form of discrimination.

GLENN: It is.

BOB: And as an ex-banker, when we did more mortgages for folks. You know, we couldn't discriminate based on race, color, creed, political belief. They got mortgages based on their ability to pay and their income.

GLENN: That's the way it should be.

BOB: That's the way it should be. That's how our country was built.

GLENN: And you always -- when the government messes with our banks.

And tell them, that you have to consider other things, it creates a system that is false. And it -- it creates the bubble that we had in '08. That was the United States government. Telling banks, you have to make more loans in these ways. Which the people couldn't afford, but the government was demanding the banks do it.

BOB: Yeah.

And luckily, that we had in Florida. We had a speaker, and we had a governor that wanted to do something.

Because the pushback was huge. And it was pushback on multiple sides. So Democrats -- and I believe it was a Democrat who came you up with ESG. They're great with coming up with these new words and this new terminology.

So the first thing is environment.

You know, environment. So, listen, everyone wants clean water, clean air. So they said, we have to do this. To save the environment, because if not, we're all going to die.

I don't know if anybody is listening. But we're all going to die.

GLENN: We will all die. It's just slower.

BOB: So then the social governance.

And what is social governance.

And you can look at a couple of the greatest American icon companies in the world.

That social governance has destroyed the value of their companies.

GLENN: Disney.

BOB: Disney and Anheuser-Busch.

GLENN: Coca-Cola is really bad too.

GLENN: Yeah. So me, as a businessperson. Whenever I hire somebody, I hire the best, the brightest, and the people who actually showed up to work.

And I never looked up at their race, or political beliefs.

I wanted to hire the best. And that's how our country was built. Our country was built on access to capital, and people like Thomas Edison. I know you have an issue with Thomas Edison.

GLENN: Thank you for noting that.

BOB: I know you do. We can debate whether that was the best technology or not.

But we need to make sure that the next inventors have access to capital. So whatever the next great invention, that will help civilization is available.

And when I saw what was happening, a friend of mine has a multi-national company, based on their worksheet that they have to fill out, to get capital.

And it had nothing to do with his business or the ability to pay. It was based on, how many transgender people do you have working here?

How much carbon footprint do you have?

What are you using to mitigate your carbon footprint?

And I said, there's something wrong here. And, you know what, in the end, it will hurt civilization. In Florida, we wanted to make sure we did something to protect our citizens.

GLENN: Okay. So now, does this actually -- if I'm a citizen and I go to a bank, and I feel like they've judged me on ESG. Does this cover me as a citizen of Florida?

JUSTIN: Yeah. So there's no doubt that the law. And they're going to challenge it.

We highly suspect banks are going to fight this. Because they want to be able to discriminate against people. That's what banks want the ability to do. And they're being pushed by the left and big asset managers.

But, yes. That's what the law is designed to do.

The law is designed to make sure that you are being discriminated against. That you have an ability to file a complaint with the government. So that the government makes sure that that doesn't happen.

Now, one of the problems that we have, and Rommel is trying to address this going forward, is how do we even know that that's going on?

How do we know that the bank -- because the bank may not just tell you. The bank might just deny you the loan and never tell you why.

And so we need to figure out a way to make sure that people know why they're being denied access to bank accounts and things like that.

So you want to talk a little bit about that plan that you have?

JUSTIN: Sure. We know we did. And we knew it would get challenged. And we had tremendous amount of pushback. And pushback from people I didn't even understand why they were pushing back.

As a matter of fact, one of the second in charge of BlackRock came to visit me.

The Commerce Chair in Florida. Which was kind of cool.

You know, he read my background. He says, you seem more like a Libertarian, you're a free market guy. Why are you interfering with business?

And I said, it sounds like you're interfering. And we actually had a great conversation.

And he was talking about, this is just free market business. And I said, well, let's talk about ESG.

I said, did you fly down here to visit me on a private plane?

And he said, yeah. As a matter fact -- I said, did you pick the most diverse pilot, or did you take the best pilot?

He goes, that doesn't matter.

I said, no, it does matter. I go, if you truly believe in this stuff, you'll make the most diverse pilot and, God forbid, you ever get sick, you will get the most diverse surgeon.

But it's not. This is about you controlling the markets. Controlling capital. Controlling people. Making people have fewer decisions. And maybe buying some bad technology.

And, you know, they kept pushing and pushing.

The banks came back to me. And said, oh, you're interfering with us.

But, you know what --

GLENN: It's so bad.

This banking. It's a cartel, that they have going against -- you know, against our representatives. And our legislatures in America.

This cartel comes in so heavy-handed with loads of money and credibility.

And tries to stop people like you.

GLENN: You know, and we had to be careful the way we crafted the bill. Because if you use ESG as a form of scoring.

You won't be able to issue Florida bonds. You won't have access to qualified public deposits.

Our pension funds.

We also had to make sure, if everybody did it. We were able to write checks in the state of Florida.

There was a balance there. And we had to make sure we -- there was other access. And there is. There's not quite enough for $300 million in local community banks. I think we're in a good place there.

But over the summer, one of our local businesses in Florida, Dr. Mercola who owns a very big supermarket, but he also own owns a multi-national natural health vitamin company.

And over the summer, I get a call from one of his representatives. He goes, Rep Rommel, can you help us? And I go, I'll try. What's up?

And he said, well, all of the managers and multiple employees from the Mercola Markets have been debanked. Their bank, which was JPMorgan Chase, gave them letters that said, find new banks, we will not bank with you anymore. So I talked to a JPMorgan --

GLENN: Hang on just a second. How rare -- because I've never heard of being debanked before, unless you were like Al Capone.

I've never heard of that.

How rare did that used to be?

BOB: I would think never, because banks wanted you to keep your money. And your interest rate. Late fees and things like that, to earn income. So we looked into it, a little bit, and I talked to their rep.

And they said, well, Bob, we could be doing money laundering or some suspicious activity.

And by the law, we're obligated to debank them. I go, this entire workforce?

And they couldn't tell me. Because I'm not authorized to hear this information. And the state of Florida, if you're running arms or fentanyl, we don't want you banking either. We also believe in due process in the state of Florida. I don't trust you as the bank. And I don't trust you as some federal agency. To say, this person needs to be debanked.

Because I remember Operation Chokehold. When they told, payday loans and arms dealers, I think that was Obama area. Obama 2013. Operation Choke Point.

That you can't do any banking business. So I don't trust the federal government agencies, and I don't trust the banks that are colluding with ESG with our federal agencies to debank them.

So what I will try to do this year, assuming it's passed. That if you're a bank, and you debank one of our Florida citizens, a business or an individual.

First off, you will have to tell Florida.

You will have to tell the division of financial services, hey, I debanked Dr. Mercola, and this is why I did it.

Then we as a state, keep it in private, will investigate.

If we felt you did it in bad faith, well, we will find you, and you won't do business in Florida. Then the individual that was harmed, we will allow them to have a private right of action against that bank.

GLENN: Excellent. Excellent. That's fair. That's fair.

JUSTIN: This is amazing.

GLENN: By the way, this -- what is it? Fair Access is what it is.

JUSTIN: Yes, fair Access is the shorthand.

GLENN: Shorthand is Fair Access. There are many states now that have passed anti-ESG laws. But it is Fair Access, that gives the power to the individual, to be able to get the information, and to sue. If it is -- if it's wrong information. Or based on ESG.

And you guys have led the way.

THE GLENN BECK PODCAST

Why Your Actions Matter More Than Words in the Eyes of God

Glenn Beck and Eric Metaxas expose the spiritual crisis gripping America’s churches — a moment they compare to Dietrich Bonhoeffer’s warning before World War II. As the culture descends into moral confusion, too many Christians retreat into silence, claiming faith while refusing to act. Together, they argue that true belief demands courage — that “faith without works is dead” — and warn that neutrality in the face of evil is itself a form of complicity.

Watch the FULL Interview HERE

Is Socialism replacing the American dream?

The American Dream used to mean freedom and the chance to build your own life through hard work, faith, and independence. But today, it’s been replaced by comfort, consumption, and debt. Glenn Beck breaks down how America traded liberty for lifestyle, why socialism is gaining ground, and what it will take to reclaim the real American Dream before it disappears for good.

Transcript

Below is a rush transcript that may contain errors

GLENN: I don't know if you saw the visualizing the American dream, Stu.

You know, what the American dream actually is, is that you can forge your own way.

You can -- you know, you can have a scrap of land, and grow your own food if up.

You can, you know, go to school. Not go to school.

You can find a job. If you're qualified for it, you have an equal chance of getting it, you know, based on merit.

But the percentage of Americans who say the American dream is retirement is 86 percent. Health care, 86 percent. Owning a home, 85. Raising two kids, 78. Owning a car, 72. Vacations, 71. Pets, 66. A wedding, 55 percent. That's the American dream, I can get married.

The American dream, if that's what you think, they've now estimated, the cost per household over the cost -- over the lifetime, retirement is $1.6 million. Owning a home now, 30-year mortgage, 20 percent you want to, is $957,594. Owning a car, buying and finance to begin with new cars every ten years is now $900,000 over your lifetime. Raising two kids to 18, plus four years of public college, $876,092. Two kids. Health care, over your lifetime, spending from ages 22 to 85, $414,000. Vacations, annual vacation from '22 to '85, $180,000. One dog and one cat for 11 to 13 years is $40,000!

That's more expensive than a wedding. The engagement ring, the ceremony, and the reception is now estimated to be $38,200.

There's a reason socialism is doing well. You look at that, and you're like, wow. I mean, if that's the American dream. And for a lot of people, that is the American dream!

That's not what the American dream is supposed to be, but, you know, once -- you know, once Woodrow Wilson and FDR got a hold of us and they started advertising, it became stuff instead of freedom. It became stuff. And, you know, when there's a new report out. Let me see if I have that.

There's a new report out now that shows, first time home buyers made up just 21 percent of the home purchases. That's the lowest on record.

The typical age of repeat buyers hit an all-time high of '62. The median downtowns, reaching 23 percent.

The highest since 2023.

And also, where is it?

The last one is -- the median age for first time home buyers, in 1981, it was 29 years old.

I'm sorry. Yeah. Twenty-nine years old. In 2021, it was 33 years old.

What is it this year?

Median age, first time homeowner, forty.

You're 40 before you can buy any kind of home. That puts these things that people want, dream about, out of reach, until you're 40?

You know, 29 is one thing. But if you're not seeing -- you're not seeing your life really kind of settling down until you're 40, I -- I can understand why you're like, you know what, this system doesn't work.

Because you've never seen it work. It's betrayed you.

Or so you've been sold. It's betrayed you.

And everything is being pushed out of your reach. And when you're young, the one thing you're not is patient.

And at 40, I can see why people are not, you know, yeah. Well, socialism is neat because capitalism isn't working. How would you respond to that?

STU: I mean, it's more lengthy than we have time for. But I would say that the response to, you know, you thinking that you want a home is not to embrace an ideology that murders 100 million people.

That's not -- that's not a good answer to the problem that you think you have.

GLENN: But they're not learning that anywhere.

They're not -- that is our responsibility! To teach those things. Because they're not learning it anywhere.

Glenn Beck Warns of 3 Economic Outcomes That Could Change EVERYTHING | Ep 467

Socialism is spreading fast among America’s youth, and the shocking election of Democratic Socialist Zohran Mamdani for mayor in New York City marks a major cultural and economic shift. Glenn exposes how runaway debt, record home prices, AI job disruption, and the collapsing stake in capitalism have led many Millennials and members of Gen Z to embrace socialism and communism. He reveals the three possible economic futures for 2026: two that are disastrous and one that could change everything if the Trump administration’s global financial overhaul succeeds. Plus, Justin Haskins, president of the Heartland Institute, joins to reveal some terrifying truths about why young Americans are embracing socialism from a poll he conducted with Rasmussen Reports.

The world is about to realize the DEADLY enemy we face

"The world doesn't understand yet. We're already in World War III," Glenn Beck warns. "That foe is not China. That foe is militant Islam." Glenn explains the battle we're currently facing and what's to come if we don't wake up soon...

Transcript

Below is a rush transcript that may contain errors

GLENN: From New Jersey, it's Brian. Hello, Brian.

CALLER: Hello!

GLENN: Hey.

CALLER: Yeah. Thanks for taking the calls today.

GLENN: Sure.

CALLER: Yeah. I'm worried that we are headed towards another French Revolution-style because we have entire generations. Or actually people just not being heard by their representatives.

GLENN: Hmm.

CALLER: And it's not just here. It's around the world.

GLENN: Uh-huh.

I -- actually, I had scheduled for this time, I'll just do it some other time. Talking about what's happening in -- in England.

I think England is headed for a Civil War. And -- and it's very close.

I mean, you can't put 4,000 people. 4,000 people, in jail, or try them for hate crimes. And speech crimes.

You can't -- you can't do it. In England!

You can't do that in one year. And expect people to just put up with it!

You can't -- you know, we're -- we're -- America doesn't understand yet.

The world doesn't understand.

We're in World War III. We're already in World War III.

I don't know when it becomes a hot war. Or even a war that we on our side recognize. But we are in World War III. And that -- that foe is not China.

That foe is militant Islam, period. And, you know, when we have a situation to where people are -- when the government is just like, no. It's not a problem.

It's not a problem. You know. You've got illegals all over.

It's not a problem.

It's not a problem.

It is a problem. Don't tell me what -- what the problems are not!

Because we're the ones living it!

You're the experts, who keep telling us, no. It's going to work out fine.

And it doesn't work out fine. And it just gets worse and worse.

Oh. We can spend this money. No. It looks like we can't spend this money. Oh, we can afford this. No. It looks like we can't afford this.

You know, if we do this with Ukraine, it will work out fine. No, it didn't, did it? These endless wars, all of this stuff, don't tell me what the problem is. Listen to the people and start talking to the people. Honestly, this is the reason why I'm doing this today. I -- I need to hear from you.

I need to know what's on your mind, so I stay focused and -- and clear on what America is saying.

Because I don't think -- look, you know, me taking phone calls is -- is not a true representation of anything, but it does give me a sense of -- of where you are, as an audience. Maybe not as America, but as an audience. And there are lots of things that concern me. But I want to hear it from you.
But I think you're right! We're headed for real, real trouble. All you need is real economic trouble.

You start getting real, true economic trouble. 1930s kind of depression stuff. And we're in Civil War.

Dan, Oregon. Welcome!

CALLER: Hello, Glenn. How are you?

GLENN: I'm great!

CALLER: Yeah. Good. It's been a long time.

I guess it's been over ten years, since I've had a chance to talk with you. I was one of your first insiders. I was listening to you, since you were in Florida.

GLENN: Wow. Wow.

CALLER: So it's been a long -- yeah. It has been. And I can't say I've enjoyed all of it.
(laughter)

GLENN: Neither have I!

STU: I can't say that either, I'll be honest with you.

CALLER: You know, you were talking on yesterday's show, reminiscing with Stu about how you guys started. And I remember those old shows. And, you know, at the end of the -- the fusion of entertainment and enlightenment.

STU: Hmm.

GLENN: Right.

CALLER: And there was a lot more entertainment. I remember I laughed a lot.

GLENN: Oh, yeah. I know. I know. Those days are long dead.
(laughter)

STU: There's nothing to laugh about now.

CALLER: Yeah. I -- I'm 78. I still work 40 hours a week. I love my job.

GLENN: Good for you.

CALLER: Been married for 55 years. I have seven kids.

GLENN: Good for you.

CALLER: I've got a daughter -- I've got a daughter who is in her 40s. And she has severe TDS. She -- we don't -- I mean, we're not cutting each other off. She hasn't done that at all. We're still very close as a family. But she was down visiting the other day, and got into a conversation with my wife. And I wasn't in the room. But Kathy said it was just like listening to one of those young people out on the street that was being interviewed by the news media. And she was -- and she was in tears about it. My wife and my daughter both.

And, I mean, I love her, and I continue to support her. She's a single woman, not by choice. She just never found the right guy.

GLENN: Yeah.

CALLER: And I really think that's part of the problem. Because she started reading -- back when Trump was first running, she started reading all of this stuff about him being misogynistic and all of this stuff.

GLENN: Yeah. Yeah.

CALLER: And it's just gotten worse. I -- I'm at a loss. I really am. Because I -- like, I see the country doing better. I keep waiting for the other shoe to drop. But I still feel like that at least right now, we're doing better as a whole. But what do we do about -- what do we do about our kids about -- she went to Portland State University for the last two --

GLENN: Oh, jeez, for the love of --

CALLER: Well, yeah. For the last two years, she went to -- she went to a little college in Idaho called Ricks for the first two years, and Utah State.

GLENN: Oh, yeah.

CALLER: And then she served a mission for our church in Brazil and came home, but then she went to Portland State University. And it just seems to have gone downhill from there.

GLENN: Yeah. Yeah. So, Dan, I think you are suffering from the same thing that almost all parents are suffering from. If you're not suffering from this, then, I mean, God bless you. You know, get on your knees and thank God. Because you are a lucky, lucky family. Everybody has in their family. I have it in my family.

And you have to ask yourself, what is your goal?

My -- what is your goal with your daughter? Your real goal?

CALLER: My real goal is for us to be united eternally. That's my goal. That's my goal as a father and has been to teach her --

GLENN: And how -- and how is that going to happen with politics?

CALLER: We just stay together as a family regardless of what politics does.

GLENN: That's exactly right. Exactly right.

I think we're in a place now where as parents, you can ask your kids, but it has to be honest. It cannot be trying to win. It has to be honest. How did you get there?

I mean, I remember. You know, we've talked about this before. And you didn't believe that before. What has changed?

Can you help me with that?

I would like to see what you're reading, or what that was.

And just ask questions. But they have to be honest. They can't be, you know, because I'm setting you up. Because I want to change your mind.

But keep a dialogue open with them. And just love them!

Just love them!

Because if you do anything else, you're going to drive them away. And then they're really lost. So just love them.

CALLER: Oh, I know that. Glenn, when she was young -- when she was young, I considered her one of the elect. And the Scripture says, that in the last days, even the elect are going to be deceived. And that's what I'm seeing. But everything you've said, I -- I am doing. I'm doing it that way. Because I know --

GLENN: Okay. Good. Then you didn't need to -- I appreciate it. I'm so glad you called me. But you didn't need to -- my advice, you already have it down. You're a very wise man.