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Why Would Biden Give Trump THIS Major Advantage in their First Debate?!

After winning a coin toss, President Biden’s campaign team had an important choice to make: They could either choose which podium Biden will stand behind or whether Biden will have the last word at his first presidential debate with Donald Trump. Glenn and Stu are shocked to find out that they chose … the podium. So, why would the Biden team allow Trump — who they call a danger to democracy — to have the last word?! Is his entire campaign team that incompetent?! Glenn and Stu discuss this, along with the other weird rules for CNN’s debate.

Transcript

Below is a rush transcript that may contain errors

GLENN: Donald Trump is going to be debating Dr. Death really, is what I'm calling him. He's just -- he's deadly. He will walk out on stage.

He will just wipe the floor with Donald Trump. I think that's what we should start saying. Because we're setting expectations so low for him, and so high for Donald Trump, that unless it is, you know, something where it's body blow after body blow after body blow. And it's done perfectly right after Donald Trump, he will appear to be the loser. I think people's expectations now are just, he didn't fall asleep.

He didn't fall asleep.

STU: I think it's a real worry. You know, because that is how people look at this situation, in a lot of ways. I do think though, it is hard to -- I don't know if you can blame people who are saying these things. And setting these expectations.

Because I think at the end of the take, those expectations were set by Joe Biden. When he, you know, waddles across the stage and can't get a sentence out. I don't know how you hide it.

I don't --

GLENN: Because that -- you know, look, as bad as the State of the Union Address actually was.

It looked good, because he had -- you know, he was like pounding on the desk. You know, that's got to stop. And he was awake and alert. And could form sentences for most of it!

You know, that is the expectation. And I think they -- and I have no proof of this. But it's happened before, with presidents, and you don't know about it for 20 years. Or 60 years. In FDR's case.

They juiced him up. You know, they'll go out and they will give him. Hey, is Dr. Nick around?

Make him perform. And so he looks good in -- he looks better.

STU: Right.

GLENN: Then what he really is, I think.

STU: His biggest moments have not been his best moment.

Which has been something -- I guess give them credit for whatever cocktail they've come up with.

GLENN: Right.

STU: I don't know. I will say though. What I'm saying is, I don't know if you can blame like conservatives for pointing it out.

Like, it's -- it's like, the setting of expectations, is a rhetorical device, right? You can put it out there.

And you can adjust that slightly. But I just think the American people see it. And that's what they expect. So the fact that he exceeds those expectations. I don't know if that can be manipulated on a party's messaging on the other side.

It will be interesting to watch. Because I honestly -- he really does need. You know, Biden took this debate. And kind of threw it out there. Like, I'll do this with you anywhere, any time.

And Trump is like, okay.

So he's taken on a bunch of weird rules. There's a bunch of strange stuff going on.

GLENN: First of all, they're sitting down.

STU: Yep.

GLENN: There's no audience. You can't interrupt one another.

I guess they're shutting Donald Trump's microphone off.

I mean, all the things that would -- that would help Donald Trump, have been taken off the table.

And now, the press is saying, I don't know why Donald Trump would do this. I mean, every -- every rule is in Biden's favor. Yeah.

Because he knows that when it comes to inflation, cost of living, war, everything else, you don't -- he doesn't have a lot to defend here. You know what I mean?

He's going to have a hard time defending it, if he was crystal clear, even on meth! You know, whatever it took, give him meth!

And he was just great. And thought he could fly. He still would lose on the facts. And I think Donald Trump was like, all right.

We'll take you.

I don't care what your rules are. Fine.

STU: No. And he has to. He has to.

To get in the -- you know, the same room of Joe Biden, in front of the American people is crucial for Donald Trump.

And he has to defend stuff like the border. We've talked about this for a while, going back now, a couple of World Series.

We're now finding out, that hundreds of thousands of people have come in these additional legal pathways. It's something we talked about on the air, at the time. To ease the, quote, unquote, pressure at the border.

The Biden administration went in there and said, basically, well, fly direct into these cities. And make appointments. And we won't count those as people coming into the country.

And that's happened now, with hundreds of thousands of people. The numbers just came out. They're really high. As you might expect.

And these aren't people that were counting them. When we're talking about how many people are crossing the border illegally. And coming through with asylum and all these other things that they're complaining about. They just took those people that would have been at the border, and flew them into Cleveland. And they're like, well, that solved the problem at the border. No. That didn't solve the problem at the border. Let me ask you this, Glenn. From a strategy perspective. I think this is fascinating, and I don't really understand it, and maybe you do. You know, when you go into overtime of a football game, right? You have the coin toss.

The coin toss, you have a choice as to what you want to do with that power. If you win the coin toss, you can either pick the end zone you're going to defend, or you can pick whether you get the ball first or second.

And, you know, the only time you really want to pick, when you're talking about what end zone to defend, is if maybe super windy conditions, you can make the argument. You know, but generally speaking, you never pick that one.

You pick whether you want to get the ball first or second, because that's the more important thing. So with this debate, they did a coin toss. And the decision was similar here. They had a choice. Joe Biden won the coin toss. So he was give up a decision to make.

Number one, you can pick which side of the stage you can be on. Left's podium. Or right's podium.

Or which -- I mean -- or --

GLENN: That's the one -- I can guarantee you, no matter what the or is. He picked that one.

STU: Or you can pick whether in closing statements, you go first. Or you go last.

GLENN: You go last. That's the one --

STU: The obvious choice here, you go last, right?

You have the final word in front of the American people.

GLENN: Right. You go last. If Donald Trump says some crazy thing about Hunter Biden at the last second and his closing statement. You would have a chance to answer it. You would have a chance to have the final word of the American people here.

What a big advantage that is, right?

Joe Biden won the coin toss, and picked the right podium. And now Donald Trump will be making the final statement in the debate. Do you have any concept as to why he would do that?

GLENN: No. Let me throw another wrinkle into this. Joe Biden must make that decision. Okay? It wasn't like they called Joe up. Hey, we won a coin toss.

STU: Coin toss.

GLENN: And, you know, here are your choices.

I know why --

STU: The right side.

GLENN: This wasn't done by him. It was done by most likely a committee or something.

This is not just his senility. It's --

STU: Yeah.

GLENN: From the people who brought you the end of the Afghani war. I mean --

STU: You think it's incompetence.

Because my other thought was, maybe they are thinking? And let me throw this out there.

Whatever drug cocktail they're pumping into this guy. He has to be pumped up after that first 40 minutes. By the end, it will be a disaster.

And the last thing that they want, is the final vision of this debate, to be Joe Biden going.

GLENN: That is -- that is a possibility. That is a possibility.

However, you know, the closing statements, if you have the last word. And you know he's going to be bad.

You're suspecting that he's going to be.

All Donald Trump has to say, for his closing statement is, look, I understand you for inflation. I understand what you're going at the gas pump.

I understand how you feel about your safety. And the border.

I understand how you feel about all of these things.

You just heard him. Is that the vigorous leader that's going to solve these problems?

I mean, there's just no way. I would never let somebody have the last word.

STU: Right.

GLENN: In a debate. And especially, if you think he's going to be like...

STU: It's -- that's an incomprehensible one. I mean, does he -- he thinks that highly of -- that's my good side. I want to be on the right side. What --

GLENN: That is a possibility.

STU: That is possible. I guess.

GLENN: Hookers tell me all the time, this is my best side. I'm going to get that sex worker vote this time. I'm telling you.

STU: That's a weird development. I'm telling you. I cannot understand that at all. But we are less than a week away from that debate. Never happened this early. This is a very, very strange situation that happened in June. All these rules. And the dates. All these things.

I think we were initially designed for Trump to say no.

To say -- I will make these rules and requests so ridiculous. I'll be the guy who will say, I wanted the debate. He will be the guy that says no.

GLENN: Absolutely. Absolutely.

So that way, he didn't have to debate later. Because I offered a debate.

He wouldn't do it. And most people wouldn't have remembered that it was in June and everything else.

STU: Yeah.

GLENN: Donald Trump had no way. Nowhere to go, but to say yes. And I think he's eager. I think he can't wait.

I mean, the chance to sit in front of Joe Biden. You know, the only problem is, I wish it was -- I wish it was actually fair. We would have a drug test beforehand.

You know, and -- and these guys would actually talk about things, instead of just pounding on each other.

Because Donald Trump would win -- anyone would win against this guy's record. Anyone would win.

STU: Yeah. And there was a report from I think it was Maggie Haberman from the New York Times. Who, again, is a left-wing journalist.

So you could say, maybe this is inaccurate. But she does seem to have a lot of sources inside the Trump camp.

And her point was interesting. And I think hopeful. If you are someone who wants to see Joe Biden no longer be president. Which is, Trump has told confidants, that he regretted cutting Biden off a lot in the first debate 2020. We pointed that out, at the time. Like, you needed to give Biden.

GLENN: Let him hang himself.

STU: Right. You needed to give him that space.

And he didn't. Because he was trying to be aggressive. And trying to cut him off.

And saying he was lying about this. Which he was doing at times. But you also have to give Biden room to look horrible. All the things we know he loves on a daily basis. The American people need to see that. And he regretted that from the 2020 debate. If that report is true, it's good. I think he's being thoughtful about the strategy here, which is really important. This is a really important day.

GLENN: I think he is.

You know, Donald Trump, he knows television.

STU: Yeah.

GLENN: And he just knows it.

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The ONLY Trump/Epstein Files Theories That Make Sense | Glenn TV | Ep 445

Is the case closed on Jeffrey Epstein and Russiagate? Maybe not. Glenn Beck pulls the thread on the story and its far-reaching implications that could expose a web of scandals and lead to a complete implosion of trust. Glenn lays out five theories that could explain Trump’s frustration over the Epstein files and why Glenn may never talk about the Epstein case again. Plus, Glenn connects the dots between the Russiagate hoax, the Hunter Biden laptop cover-up, and the Steele dossier related to the FBI’s new “grand conspiracy” probe. It all leads to one James Bond-like villain: former CIA Director John Brennan. Then, Bryan Dean Wright, former CIA operations officer, tells Glenn why he believes his former boss Brennan belongs in prison and what must happen to prevent a full-blown trust implosion in American institutions.

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Rumors explained: Is Fed Chair Jerome Powell OUT?!

After rumors spread that President Trump would soon fire Federal Reserve Chair Jerome Powell, Trump has said that he's "not planning" on it right now. But is it possible for Trump to fire him? Will he resign? And how is the Fed Chair even chosen in the first place? Glenn and his head researcher Jason Buttrill explain ...

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, last night, I was rapidly looking the lie some of these rumors, on X.

Pretty incredible people on what's going on with Jerome Powell and the fed.

What the heck?

I was actually popping popcorn and watching this. It was so crazy.

GLENN: So it's just the rumors, that he is going to be stepping down?

JASON: Well, yeah.

Yeah. Anna Paulina Luna. Congresswoman. She was saying, it was almost imminent, that he was about to be fired. Actually fired.

There were other rumors saying, well, we're not sure about fired.

But he's considering resigning.

GLENN: Yeah. You know why.

JASON: We were like, what the heck is going on?

GLENN: So do you know why?

Do you know why he's resigning? Any guesses? I mean, you had popcorn out. I would love to hear what you have come up with.

JASON: So there was the CPI stuff coming out. The interest rates going up.

We know that the President wants interest rates to come down. I'm assuming that is what the deal is, and there's some sort of internal battle going on.

GLENN: Well, and the president can't fire the Fed chief. Okay?

So the Fed chief is the one that nominated. The federal reserve is the biggest crock of bullcrap I've ever seen in my life.

It's nothing, but the five biggest banks. Okay? And you know which ones they are. They're the ones that keep getting bigger. And everybody else is falling to the wayside.

So the Federal Reserve is the arm of those five banks.

Okay?

And they suggest, who the president can select from.

So the president can't say, I don't want any of these guys. I want this guy. Can't do it.

He has to take a look at the list that all the banks have put together. Is. Say, pick from this list, Mr. President.

Did you know that?

JASON: It's kind of how Iran chooses their next president.

GLENN: It's exactly. It's exactly that way. Except, this religion is all about the almighty dollar.

Okay. So he can't -- he can't pick on his own. But the president has a right to pick one, you know, every term. If it comes up in his term.

The president wants this guy out. And I think he's been really, really bad.

Because he's been wrong on almost -- on almost everything. But show me the -- show me the Fed, you know, the guy who the Fed was right ever.

So he can't fire him. But he wants him out. Because he wants interest rates dropped.

And, you know, the jobs are coming back. Things are coming back.

But interest rates keep coming up.

And the -- and the interest rates, if we keep our interest rates high, we have a harder time borrowing money for our debt.

And it just gets more and more expensive for everybody all along. So the president wants him to back off interest rates. But the Fed chief believes that that could cause more inflation.

Which I think he's right on that one. And I hate to say he was right on anything.

Because I don't think he was ever right.

Makes me question myself. When he's like, well, I think he might have a point on that one. But the president is like, no. He can handle it.

I want them down. I want cheap money again.

He refuses. So what has the president done?

The president can only fire him, with cause!

So what do you do when you can only fire somebody with cause, and you want them out.

You find a cause, and this one is easy.

So the Fed has been the one leading the way saying, we can't keep borrowing money.

We've got to have some fiscal sanity. Right?

This is going to kill us. We have to keep these interest rates high, because you are borrowing too much money. And maybe this is the only way to stop you.

So we got to keep it high, because you've borrowed too much money. And how many times has he testified in front of Congress? We've got to cut. We've got to cut. You can't keep spending like this.

Okay? Well, did you know that the Federal Reserve, with our tax dollars, the five biggest banks, a/k/a the Federal Reserve, is redoing their offices. To the tune of two billion dollars!

Now, I don't know what kind of wallpaper they need there.

But that seems like a pretty hefty renovation, especially when everybody is looking at cutting things. And you're lecturing me about spending money. So they get money from the government, okay? They're telling us, stop spending.
Stop borrowing.

Except, okay. What you've borrowed. I need $2 billion of that, to redo our offices in Washington, DC.

Excuse me?

Why don't you do that yourself. Okay. I think banks maybe have some money.

So they're borrowing that money, and there's $700 million over.

So it's $2 billion. $700 million over budget. And they're still not finished.

And the problem is: They're putting in water features.

They have a rooftop garden they're building.

JASON: Okay.

GLENN: I mean, it is -- it's insane. The president now knows, really? You want to play this game with me. I will sit your ass down in front of Congress, and you answer to the American people, how you're lecturing us about spending. And you're putting in a rooftop garden and a water feature in your office. No! No.

So the president is now threatening, I'll fire you for this. You want to quit, now would be the time to quit.

Otherwise, I'm dragging your butt in front of Congress.

You answer to the American people for this. And they will beg me to fire you.

That's what's happening.

JASON: I looked at that a lot.

Because I was like. There's got to be some leverage that the president had, because they can't get rid of.

But that is a pretty big cut. That sounds like a Babylon Bee article. $2 billion.

GLENN: It does. It does. $2 billion, 700 million over budget.

JASON: Oh, my gosh.

GLENN: I mean, and these are the responsible bankers. No, I don't think so.

It just shows, they don't mean what they say. They'll just keep doing it for themselves. You know, if you really believed that America was really on that financial cliff, why would you do that?

You would lead the way and say, guys, we are going to be the only responsible ones here.

We will lead by example.

No renovation. You know what, go to IKEA?

You need a new desk. Go to IKEA, and get a new desk. Well, we have to keep up our image. We're not going to have a country.

So what do you say, we go to IKEA?

Our image should be, we are going to lead the way out of this madness!

That's what a leader would do.

JASON: So, Glenn, I still don't think I get this disconnect between Trump and Powell on -- we know Trump wants to lower interest rates.

Powell is standing back and saying, basically, he doesn't want to do it.

Is he trying to undermine President Trump on this?

GLENN: President Trump thinks so. President Trump thinks so.

I think so, to some degree.

I mean, I'm worried about inflation.

Look, you know what happened. Do you know what's happening with yap?

JASON: What's happening with Japan?

GLENN: So what's happening with Japan, is Japan has always had this really amazing image of, we're solid. We're absolutely solid.

This is target to crack. The foundation.

1989.

Let me go back to 1989.

This was the crown jury trial of the global economy.

Back in 1989, you probably aren't old enough to remember.

All of a sudden, Japan owned everything in America. We were just becoming Japanese, and everything was being purchased by Japan. Kind of like it feels a little bit like China now.

JASON: They even owned Nakatomi Plaza, Glenn, that Bruce Willis had to save -- they owned everything in every '80s movie!

GLENN: Oh, yeah, they owned absolutely everything.

Okay? And the -- things were so insane in Japan. The grounds of the imperial palace, in Tokyo, on paper was worth more than the entire value of the state of California.


JASON: Wow!

GLENN: Okay?

So their land. Everything just shot up. And so they had all of -- they were flush with all this cash.

And people believed that Japan had suddenly, you know, cracked the formula for, you know, eternal prosperity.

That's the problem. Then it all started to fall apart. And the asset prices. That they had mortgaged against.

Okay?

They had borrowed. Well, the imperial palace was worth more than California.

That doesn't make any sense. You wouldn't mortgage it like that. At least long-term. I will do this real quick, and pay it off.

You would never, ever mortgage, because you know that's inane. Well, nobody ever wanted -- and it seems in governments, nobody ever wants to believe that this is just a fluke. Okay?

So the asset prices collapse. The stock markets plunged. And for three decades, they have gone into this very polite political coma.

Okay? Economic coma. And so the central bank did something radical. They were the first ones to set your interest rate at zero. They lowered the interest rate. They made money so cheap, it was nearly free. Zero percent interest. Sometimes, they would pay you to take out money.

So the -- they had negative interest rates. Can you imagine that? Now, you're not fixing the problem. You're just printing wallpaper to cover the mold. All right?

So they've done this for decades.

Now their debt is I think 260. Or 280 percent of their GDP.

I think, what is ours?

100?

80 percent.

Something crazy. 120. You never believe back.

The death threshold is usually 120, 140.

They're 260 percent of their entire economy is debt.

That's not a crack. That's a fault line.

So this week. Or was it last week? Things started to creek and grown in Japan.

And the government bonds, which are like our treasuries. Is this getting too complex.

Are you following this still?

JASON: Yeah.

GLENN: Okay. So their government bonds.

They were the safest investments on earth.

One of them. Okay?

It's us. Japan, Germany.

They started to fall.

Hard. And when bond prices fall, interest rates were the easily go up.

All right?

So they borrow all this money.

260 percent of their GDP is borrowed. Okay?

So they borrowed all of that money. And they had it at like 3 percent interest. Whatever.

2 percent interest.

And they were paying people.

2 percent.

Well, all of a sudden, the cracks started to appear. And people were like, I'm not sure this is stable at all.

And then the belief of the system started to -- to go away. So people started selling their Japanese bonds.

Once they do that, now the yields have to go up.

What happens when yields go up?

What happens when interest rates go up? For a government. You have to pay more interest on your debt!

Okay?

You add two or three points.

Just imagine, you have an adjustable rate. Okay?

This is a government having an adjustable rate. Except, they have 260 percent of everything they make, in debt!

And it's all leveraged.

And now, their adjustable goes up two, three, four points.

You're not able to afford that anymore, okay?

So massive problem.

Because what it really means is. People don't believe in Japan.

They know the con game is now over.

And investors are saying, you know, I want a whole lot more in return.

Because I just don't believe you anymore.

And it's not just Japan's problem. This is not a neighbor's house on fair.

This is -- imagine we're all living under the same roof. This is the neighbor's apartment, on fire.

We're all under the same roof. We all have the same foundation. And so when this happens to Japan, you should pay attention. And I'll show you the ripple effects in just a second.

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GLENN: Okay. So now if Japan -- that means there's a stampede out of Japan.

And people are starting to look and reprice the risk of their money.

Now they're like, wait a minute.

The most stable. You know, if you're driving a car and it is the safest car in the world and all of a sudden, they just start blowing up on the highway.

You're like, I don't think that's the most -- that's the safest car on the highway.

And if that's the safest car, what does it mean for the car I'm in?

You know what I mean? So now, this is going to push US interest rates going up.

Which makes our mortgage rates go can up. And our car loans more expensive. And the national debt. Which is already costing us $1.2 trillion a year, just in interest.

Now, they can't sell their treasuries. People are skittish on treasuries. Maybe they come to the United States, but they're not so far.

They're getting out of the Japanese interest. Or the bonds there.

Japan has to pay their bills.

What do you do when you have to pay a bill?

And you don't have any money coming in.

You don't have enough money coming in. What do you do?

You sell something. Right? You sell your car. You sell something that you have of value.

Well, what do they have? What do they hold of value? US Treasuries.

So now, we are trying to sell our bonds, for our new debt, they hold our old debt.

They're saying, hey. Anybody want to buy this debt? Because I have to sell it. Fire sale. What do you give me for it?

Okay?

Which makes that debt more attractive, because they can get a better deal there.

Which means, if we want to have new debt, we have to raise our interest rates. Which means, we pay more for interest for our mortgages and everything else.

And it floods the market with bonds, crushing the prices, skyrocketing the costs for us.
And causing even more trouble, in other countries, that have US bonds. Because they start to look and go, nobody is buying these bonds.

Well, of course not. You have two countries. The two stablest countries besides Germany.

You have the two stablest countries now selling US Treasury bonds.

Okay? Really, really bad.

Now, let me add this on.

Germany is now having to pay for their own army.

And so they said, they're going to borrow money.

To build the army.

And they're going to lower their interest rate. So they can borrow more money. All right?

And now, the German bund, which is -- you know, like our Treasury. That's now starting to fall apart.

Well, Germany has some assets, they can sell.

What do you think that asset might be that they want to sell?

US treasuries.

We have been playing an extraordinarily horrible game.

This is why I believe the president wants somebody else in charge of the Fed, because the Fed can say, we're lowering the interest rates.

Because he's got to get more money into the system. So people can spend money, can start businesses. Borrow money.

Get things moving, so we can increase the amount of taxes that we collect.

The more people money -- the more people make, the more taxes we collect.

So he's like, we've got to grow the economy. And the only way we can grow the economy is to lower the interest rates.

But at the same time, interest rates around the world because of what's happening with the bonds is going through the roof.

We are in a very -- we've never been in this position before.

THE GLENN BECK PODCAST

Why the Term "Conspiracy Theory" is CIA-Created Weapon for Control

Conspiracies are of course real and occur every single day. But yet, many in the media and elite political circles attempt to use the term "conspiracy theory" to smear and discredit those who are skeptical of conventional narratives. Where did this term come from and how should we understand it? Journalist Alex Newman joins Glenn Beck to break this down and how it impacts the world as we see it today.

Watch Glenn Beck's FULL Interview with Journalist Alex Newman HERE

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Chalkboard Breakdown: How George Soros & the 'Deep State' funnel YOUR money to radical groups

Where do these massive left-wing radical groups get all their money from? Much of it is effectively a scam that occurs using your tax dollars to fund these groups that you would never support on your own. Glenn Beck heads to the chalkboard to expose the connections so you can visualize exactly how someone like George Soros manipulates the system.

Watch the FULL Episode HERE: Deep State ON NOTICE: New Tech Traces the USAID, Globalist Money Trail