RADIOApril 19, 2024

Bitcoin Halving EXPLAINED: Will This One Be DIFFERENT?

The Bitcoin halving is here, but what is this event and will it be different from previous ones? Glenn and Stu explain what a Bitcoin halving is, what usually happens, and why some believe there won’t be a spike in Bitcoin value this time around. But are they right? Or is it still a good time to buy?

Transcript

Below is a rush transcript that may contain errors

GLENN: Hey, today is Bitcoin. What they call the havoc. Right?

STU: Happy havoc day, to those who celebrate. Yes. Ten hours away from now, it looks like.

GLENN: It sounds like something that would maybe happen, in -- what was that?

That film happened in Norway. It was like that summer festival.

It's like the halving, and they're all gathered in some beautiful place.

STU: Yes. What was that movie?

What was that? It was very -- it was one I wouldn't watch.

GLENN: It was creepy.

It could have been called the Halving.

Or, you know, When Magic Goes Bad. David Copperfield stars in the Halving. Now, I have to cut this woman in half. And he can't put her back. Maybe I don't --

STU: That would be a good plot. That's not what the halving is for Bitcoin though.

GLENN: Yeah.

STU: And you've seen the price go up. There's been various reasons for that over the past year.

The ETFs. Meaning a lot of money is flowing into Bitcoin for the first time, really. That is a big catalyst of it.

The other is the halving, which happens, what? Every four years.

You don't know exactly what will happen. As they get closer and closer, they can specify.

And it will be today, at some point. About ten hours from now.

GLENN: And what does it mean exactly?

STU: Basically, when Bitcoin started. You have to have miners with, who are going to mine the Bitcoin to kind of bring it into availability for everybody.

GLENN: And you knew this would involve minors.

STU: No, it's not like Jeffrey Epstein. Think of a coal miner, except digitally.

GLENN: Different kind of miner. Okay. All right. What are they wearing? Are they wearing pants?

STU: That's not important. That's not important. By the way, Bitcoin miners know they're not wearing pants. They're in their underwear in their mother's basement. At least that's how it started. It was people in their underwear in their mom's basement, basically. And they were mining tons and tons of Bitcoin.

Now, remember, Bitcoin, there will only ever be 21 million of them. They are sort of -- think of them being mined. They are slowly mined, this time, I think we've mined, 2140. I don't know. It's a long way. But the basic idea with the halving, is every four years the reward for the miners gets cut in half. So the reason that's important, is the supply shrinks.

So maybe, you go back years and years and years. There's tons and tons of Bitcoin going on. Getting mined every single day.

Now, that number gets cut in half.

It was like each block, which is about every ten minutes.

Each one of those, it was six Bitcoin. Were freed into the world.

Like released into the world.

Now it's like three. It shrinks every four years. 1.75. 1.5. Or 1.25. It's not exact numbers.

GLENN: Until it gets to zero and there's no more Bitcoin left.

STU: And that's at 21 million Bitcoin. So you are now at -- I think it's six to three, roughly, in this particular halving. And the other part about the halving that has been important to note, is every time, there has been one, over the next six months, there has been a massive increase in the prophesy Bitcoin. Now, will this happen this time? No one knows. Past performance is not indicative of future results, we all know the disclaimer.

GLENN: We really do know that disclaimer. You may not know that disclaimer, but we do.
STU: Yes. Very true.

GLENN: The views of Stu are not necessarily those of the host.

STU: This is not financial advice.

Past performance is not indicative of future results. We don't know. We have also had a very large rise over the past year. So some people theorized, it's already built in.

Right?

This time, the rise we've already had, is basically part of what the halving would bring. However, when you look at the charts over the past three or four or five halvings. We've had massive increases. All those times, where all of a sudden, everyone around you, was talking about Bitcoin. Almost all those periods happened between six months.

Three to nine months after a halving.

GLENN: After. Not before.

STU: Well, you've seen some rises before. Generally, speaking, the real pop has happened after.

GLENN: This has been a real pop. This brought us back to where it was.

STU: There's a reason to believe, there's more here. Again, the last one was in 2020. Do you remember the 2021 phenomenon?

Then you had a drop back down. We are now down back to where we were, 2021.

GLENN: Making a case that somebody should buy, just a fraction of Bitcoin.

STU: Okay.

GLENN: I mean, you know, when it first started, and everybody was on board. Everybody was buying Bitcoin.

Because it was like, I have three Bitcoin. You know.

STU: Yep.

GLENN: And now, most people cannot afford to buy -- no.

STU: Of course not. Let me put it this way.

Right now, you would say, Bitcoin, $60,000. Basically, it's only for a millionaire.

Someone who wants tons of money, who will throw into a Bitcoin.

You might say only millionaires can afford that.

You might say something like that. Think of it this way, there are 24.5 million millionaires just in the United States.

GLENN: 24.5 million millionaires.

STU: Yes. Right. Right now, there will never be enough Bitcoin for every millionaire in the United States to own one. That doesn't include millionaires around the world. There are already too many millionaires for just millionaires to get one of these things.

GLENN: How much of it do you think is lost? Permanently, forever, lost.

STU: Permanently. Like, for example, we know the Satoshi's account. Which, the guy who invented Bitcoin. We don't know who it is. Group of people. Or if he's dead. I think they're dead. That's my opinion. He has an account with 1 million of it, in it, that's never moved.

So we basically know, unless this guy reveals himself somehow in the future. Which is not likely, that a million of them are lost. We also know, early on, people were mining these things and getting thousands and tens of thousands of them. And just losing -- turning their computer off. And not thinking they were worth anything.

The estimates are that probably something like a third of them are lost forever. So instead of 21 million, maybe it's 14 million. Maybe it's 15 million.

Somewhere in that vicinity. Now that they're valuable, people are not losing them, of course. At least as often. It's still happening every day.

People screw it up. They lose it.

They send it to the wrong account. That stuff still happens. But you're probably talking about, let's say 15 million, that actually will exist.

You have 24.5 millionaires in the United States. In the world, you have about 60 million millionaires. So if you split up all the Bitcoin in the world, just among millionaires, they can only get a quarter of one each.

Now, if you can put some in there. The idea that these things will go down in value.

Over the very long-term. To me, is unlikely.

And part of that is, at the beginning of this, nobody knew. Right?

Like when I first invested in Bitcoin. And I don't have a lot of money in Bitcoin. But when I first started in Bitcoin. My thought was, I'm going to throw some money in this, let's see what happens.

I have absolutely no idea.

My thought was, there's a good chance. I said this to you, at the time. There's a good chance it goes to zero. It was a total gamble. I had no idea.

I liked the concept of money that can't be inflated and printed. Right?

I like that concept. That's why I was interested in it.

But, I mean, how many multi-trillion dollar industries can you remember going to zero?

I mean, is there any example of this?

GLENN: White star line. This has I don't think they were worth trillions. Right?

Enron was a big company, right?

Don't remember it being worth trillions. Bitcoin's market cap is over a trillion dollars.

GLENN: No. I can't see it going to zero. Unless all the central banks in the world say, not --

STU: It's so resistant to that right now. Though.

GLENN: I know.

STU: We're seeing countries open up. And start accepting it. You know, the United States of America, has now accepted Bitcoin ETFs. That's a huge embrace of this technology.

And look, I don't know. I can't tell you, it won't go down in the future. I would be surprised if it never goes down below these levels again. It probably will.

So you might buy today. And at some point, be down.

A lot of people bought in 2021. And thought, oh, my gosh, I've lost all my money.

Except, now pretty much every person who has ever bought Bitcoin in its history, if they held on to it, is either about even or up.

GLENN: Everybody. Even the people who bought at the very peak.

STU: Everybody. Yeah, unless you bought like a couple of months ago, when it hit 69-70 for a couple of days. There's a few people.

But generally speaking, almost no one who has ever purchased this and kept it, has lost money.

And that's that's quite a statement. Again, what other investments can you point to, that has that type of record?

There's almost none. So I don't know. You don't know what the future holds, but man, this is a technology that has proved itself incredibly resilient.

GLENN: I get really pissed at you, every time we talk about this. Every time.

STU: You get pissed at me.

Why are you pissed at me?

GLENN: Yes, I do. I blame you for bad decisions. Blame you.

STU: Why?

GLENN: I was with Marc Andreessen.

STU: Yes.

GLENN: It might have even been a fraction of a cent.

STU: It was before -- well before I bought it. That's for sure.

Because I remember the conversation.

GLENN: Yeah. Yeah. Yeah. Yeah.

And he's going to start some new thing with this new currency.

STU: Yeah. I remember you telling me this, at the time. I fortunately, did not listen.

GLENN: Yeah. Neither did I. Neither did I.

And we could have put hundred dollars in it, at this point.

STU: Oh, my gosh.

$100. Do you know how much that would be worth?

GLENN: It was a fraction of a cent. Wasn't it?

STU: I don't remember if it was that low, but it was really early.

GLENN: It was right as he started the digital wallet.

Coinbase. It was right as he started it.

STU: Gosh. This makes me physically ill.

GLENN: I think he actually told me that before he started it.

Or he may have --

STU: In the middle of making money or whatever.

GLENN: Yeah. He said, do you know anything about Bitcoin. You should invest.

Just take $5,000. And just throw it in this. And I'm like, uh-huh.

And I -- at the time, $5,000 was -- you know.

STU: You would probably be a billionaire.

GLENN: I would be.

STU: I can't imagine how many you would have -- I love this story.

GLENN: Well, look it up. Look it up.

Look up when they opened Coinbase.

And what the price of Bitcoin was. $5,000.

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Ten-second station ID.
(music)

GLENN: So go ahead.

STU: What?

GLENN: Why he didn't you invest in it? You're always -- you're that kind of guy. You know, I just threw some money in it. Why didn't you --

STU: I mean, I think I did. I just didn't do it as early as that.

Again, I wish I had invested more. Then I wouldn't have to be sitting here with you every day. It would be a dream.

GLENN: If I had a time machine, that's the only thing I would change. And for that reason. I would go back in time.

STU: You would make me -- you actually wouldn't mind making me a billionaire, just so I wouldn't have to be here every day?

GLENN: Yeah. Yeah. That's the kind of guy I am.

STU: How about this, I'll it do for 10 mil right now. Get some financing.

So it depends. It's hard to know exactly when you talk to him. The Coinbase started in 2012. Coinbase is a little later, when you're talking a fraction of a cent, so it was about ten bucks in 2020 -- when it actually started selling Bitcoin. When Coinbase began that process, it was about ten bucks.

If you spent $5,000 then, you would have had about 500 Bitcoin, which would be worth $32.5 million. Which would be incredibly nice. However, my remembrance of this story was, it was before -- before that. When it was sort of being dreamt up.

So it could have been.

GLENN: It was one of the first times I've ever heard of Bitcoin. And I think I came back to you. And I said, what is Bitcoin?

And you were like, well, people buy pizzas with it.

STU: This is ridiculous history.

GLENN: That's exactly what he said.
STU: I don't think I knew much of anything. I had heard of it. But I didn't know anything about it at that time -- I definitely was not discouraging you in investing $5,000. That's exactly how you remember it.

GLENN: That's exactly how I remember it, Your Honor.

STU: And one fascinating thing I think that really hasn't fully taken -- taken root yet when it comes to the Bitcoin phenomenon.

GLENN: By the way, hang on just a second. I just have to say something. I said at the time. I said that, on the air too.

STU: Oh, really?

We should go back and find it.

We can probably find it.

GLENN: Marc Andreessen. He's at Bitcoin.

Blah, blah, blah. But Warren Buffett. He says, if you don't understand it, you shouldn't invest in it.

STU: Where did you find that?

GLENN: I wonder if anybody. If anybody did it.

What our earliest time was, when we said. Hey, maybe you should throw some money into it.

I don't know if I will do it. If anybody in the audience. Of course, there was somebody that was in the audience.

They're not now.

STU: Showing, they're billionaires.

GLENN: On a yacht someplace.

STU: I think that's one of the things that's most interesting in a societal sense.

That we had a lot of people. Because the early people into Bitcoin. Not like the people necessarily today.

But the early people into Bitcoin. Were people who generally speaking, were ideologically let's say Libertarian.

Or somewhat close to that.

GLENN: Yes. Correct.

STU: And there are now massive amounts of people, who became insanely wealthy over this process. And continue probably to get even wealthier.

And those people who would have probably been marginalized in society, at some level.

Maybe they would of been successful. But would never have that sort of power.

GLENN: No. They're the losers. Loaners. And creeps.

STU: And we've seen.

I mean, Libertarians, will describe themselves this way.

So we've seen now, that many of these people have made an impact. Right?

We've seen a lot of them. Marc Andreessen. Not necessarily, an ideological Libertarian. A lot of these people have risen.

Two of the richest people in the world. Are the Winklevoss twins. The people who had Facebook stolen from them.

GLENN: I think they're fictional characters.

STU: They may be. They were in a movie once. So I don't know.

GLENN: Sure. Anybody can play them. But I think anybody with Winklevoss as their name. And they're twins. I think it's too magical to be real.

STU: It's hard to believe.

GLENN: It is. It is.

Oh, let's call on the Winklevoss twins.

STU: For everything --

GLENN: Show up. Say their names three times.

Hi, we're here to grant any wish, with our magical Bitcoin.

STU: Right. Consider that they basically had Facebook -- in my opinion, Facebook stolen from them. They wound up getting thrown out.

Got some money for it. Were not insanely wealthy.

Wound up not with one, but two giant revolutions of the world.

They were at the founding of almost -- they invested a fortune in Bitcoin, right after that.

And now were multi-billionaires because of it. It's a weird people that wouldn't have normally been at the top of our society. Are now there. And hopefully, they've kept some of these small government routes, through that process.

And maybe they can Friday the country, in a way --

GLENN: No. No. Because when you get that wealthy. What you do, you know, I can get somebody on the phone.

I can make this happen. I don't want a stop sign here.

And I think we should also kill the poor. I will get both of those done. I will call my council member. And, you know, my master at the WEF.

You know what you know I mean?

You start protecting it, and then that all goes to hell.

STU: Maybe. Who knows?

GLENN: We should do what Star Trek did, and abolish all money. Learn how to live in harmony.

STU: That worked out well for them. They were poor in episode.

What are you talking about?

GLENN: How did they pay for those starships? How ridiculous was that?

How Somalis in Minnesota are FUNNELING Tax Dollars to Terror Groups

Minnesota is facing what may be the largest welfare fraud scheme in American history. Christopher Rufo joins Glenn Beck to expose how Somali-run networks siphoned hundreds of millions in taxpayer funds through fake child-care and food programs, money that federal officials say was funneled through Somalia’s Hawala system, where Al-Shabaab takes its cut. Rufo reveals how state leaders protected these networks, how political incentives and “suicidal empathy” blinded Minnesota’s institutions, and why the corruption spreading through the welfare system is far more widespread than anyone wants to admit. This is not just a crime story... It’s a warning about immigration policy, cultural incompatibility, and the collapse of accountability in modern liberal states.

Transcript

Below is a rush transcript that may contain errors

GLENN: So I first ran into Chris Rufo, oh, I don't even know how many lifetimes ago. He was working for the city journal. And he was starting to uncover things. And he started to do investigations on things he cared about. And all of a sudden, he's one of the best investigative reporters out there.

Extraordinarily credible.

Right almost every single time.

And he is joining us, at the Blaze. He is the host now of his own TV show. Rufo and Lomez.

And he is the guy who broke the story a couple weeks ago. About the Minnesota taxpayers who are funding a terrorist group. Al-Shabaab. I don't know. Is that a problem?

Can I ask you, am I more outraged?

And I haven't paid any Minnesota tax. Am I more outraged than the people of Minnesota?

I mean, I know there's origins up there. So Norwegians are like, yeah, sure. I mean, you know, they don't seem to get very excited about. And they're very, you know, socialized and everything else. They're very big heart. Blah, blah, blah. And they don't seem to -- you know, Swedish, Norwegian, you know. But is there any point where they're outraged? Is there any point where they're like, you know what, this socialization thing is good, but not like this? This socialized, hey, let's help everybody, but not like this. I mean, you have a billion dollars taken from the taxpayers. A billion.

Is -- and I don't hear anything from the people of -- I mean, if you're -- if you were taken for a billion dollars and your money -- you knew was being taken away from children who need food, they were faking all kinds of health issues for other children, and so taking money away from real autistic programs and then putting it in and sending it to a terror group. Wouldn't you be kind of pissed?

Because I know I would be.

Are the people in Minnesota pissed about it?

I don't know.

I mean, I don't think. If it was my state. I don't think the governor would be in the governor's office. But maybe that's just had he. Christopher Rufo joins me now.

Chris, we were just talking about -- thank you for not only this story, but all the stories and things you have exposed over the years. Thank you for doing all of the hard work, and being credible the whole time.

It doesn't -- am I more outraged by this story than the people of Minneapolis? Because they don't seem to have a problem with it. Is it just me?

JASON: It's even more bizarre, actually. You're outraged about the proper thing to be outraged about. Which is that a group that is a recent arrival was permitted, or asylum, refugee status into the United States. Has now systematically looted the Treasury of the state of Minnesota. But Minnesota politicians are also outraged, but they're outraged that we notice this.

And that we've called this out. And that we're saying, this is not okay. So you have the mayor of Minneapolis, speaking in Somali, saying that he will do whatever he can.

GLENN: Unbelievable.

CHRIS: Do whatever he can to shelter the Somali community from any criticism at all.

And, I mean, find this borderline suicidal. And the Scandinavian. Kind of the Scandinavian founding culture of Minnesota, is just being statistically exploited. And they seem to have no ability to even defend themselves against it.

GLENN: Yeah. I mean, what's happened to Sweden is happening in -- you know, in -- in Minnesota.

It's just -- they take the kindness and the socialized everything. And they just absolutely abuse it, until there is nothing left.

And, you know, I don't -- let me ask the question.

And I want to be really careful here. Because I -- and I know you're not.

Nobody is reasonably saying this. That all Somalis just want to rip us off. Not true. I think there's probably a lot of people that wanted to get away from Somalia, because it is an absolutely corrupt system.

And now, our politicians are just recreating, you know, what they had in Somalia. And I can't believe that everybody from Somalia and Minnesota is for that.

But when you -- when you look at where they came from, that is the way their government works.

It is so rife with corruption. Is this something that is being imported, or is this just a handful of bad guys?

CHRIS: Well, it's a little bit of both. And as you said, we have to be careful and precise as we think about it. What's happening, obviously, not every Somali is participating in these fraud schemes.

GLENN: Correct.

CHRIS: But it's true that many, many, many, many -- an extraordinarily high percentage of people in the Somali community were participating in these schemes, prosecutors have told me that there are dozens of these schemes that have been perpetrated. And some of them are involving dozens and in some cases hundreds of families. And so we're talking about a very high percentage of the population. But the -- the point is this: Related to immigration. We always have had an immigration system that makes group level analysis.

And so small ease, for example, for many decades, now, have been given special privileges, in America's immigration system.

You have special status for asylum, for refugee programs. And so we have rewarded Somalis on the basis of -- of a group identity.

And I think that it's totally fair to say, hey. Wait a minute.

We can't take everyone from around the world. We have to prioritize by group.

We can't judge every single human being around the world as an individual.

And the reality is that the Somali community is not coming as individuals. They're coming as a community. And so you can say, you know, there are absolutely great people. Wonderful Somalis.

The incredible Ayaan Hirsi Ali is a Somali.
Incredible woman.

GLENN: Incredible.

CHRIS: But the fact is that they're bringing the cultural systems from Somalia to the United States, and they are just fundamentally incompatible. That's the brass tacks. The bottom line. The end of the story.

And -- and what I was looking for and hoping for, was that Somali leaders would stand up and say, what's happening in our community is wrong.
We're going to work with. We're going to work with law enforcement to stamp out this corruption within our own house. But instead, they have gone just the opposite. They are promising that members of their communities. No criticism. And should operate with impunity.

GLENN: Tim Walz and even the mayor. How do they survive this?

CHRIS: Here's -- here's the actual, sad truth. I know conservatives are waiting for the backlash to sweep away these corrupt leaders and these feckless and incompetent politicians. But there's something about liberal culture, where no amount of chaos, corruption, crime, murder, you know, theft, can dissuade them from their core beliefs that our society is bad. And as a form of penance or -- or -- or kind of self-flagellation. We have to accept any amount of crime, provided that it's committed by people who can check the identity boxes. And so I'm actually pessimistic, and skeptical of the idea that Minnesota voters are going to rise up. And command that this corruption stop.

GLENN: You know, I remember Michele Bachmann came to my apartment when I was living in New York City, probably about 2008, maybe '9. And she sat me down and she said, Glenn, you have to pay attention to what's happening to my State Department, in Minnesota.

And I said, what do you mean?

She said, they're moving whole communities into Minnesota. And she's like -- and I said, communities. What do you mean?

She said, Somalis.

And I'm like, why would they be moving to Minnesota? What?

You miss being surrounded by feet of snow for six months out of the year? And she said, no. She said, it is the State Department.

It's like they selected, you know, Minnesota, and moved people in as a communist community.

Was this -- was this done. I mean, I'm having a hard time separating.

Like USAID.

I know what that is. We all know what that is. This is corruption. And they knew exactly what they were doing.

Is this incompetence, just corruption?

Is there planning involved in this.

Is this, you know, I hate America so much.

Cloward and Piven.

What is this?

GLENN: So there are two arguments that have been floated to answer, this an attempt to answer this question.

The first argument is that the left knows how to gain power. And by importing dependent foreign groups into the -- into the populace, they have a client that can provide them with votes. In exchange for patronaging. Or in this case, corruption.

And that is a strategy to amplify their own domestic political power. The other hypothesis. And I think for me, the more persuasive hypothesis. Is that this is just simple, liberal, naivete. And a kind of suicidal empathy, where they are blind to the consequences of their own actions.

They judge on inputs rather than outputs. And for them, the measure is how compassionate they can be.

And any imposition of limits or consequences is seen as a violation of core liberal principles. You know, it might be a combination of the two. But I don't -- you know, again, barring evidence that emerges, I would assume that it's more the latter than the former.

GLENN: How do we know for sure that money went to Al-Shabaab?

CHRIS: Great question. First of all, there have been schemes over the last decade, where counterterrorism officials tell me that every time they're looking at ISIS recruiting, al-Shabaab recruiting, radical Islamist recruiting, Minneapolis always shows up. And, in fact, it's really the epicenter of foreign terror recruitment in the United States of America. But on a particular question of Al-Shabaab, there is the testimony of multiple counterterrorism officials who told us, hey. Some of this money is getting siphoned off. And essentially taxed by the Al-Shabaab terror network. Once it leaves the United States. And goes into the Somali informal banking system. But this is really not in dispute. Even a left-evening group like the foundation for domestic democracy has long noted that Al-Shabaab skins almost all remittance that travel through the country of Somalia.

And, therefore, it stands to reason, if -- if people are stealing from the Minnesota government, sending that money back to Somali, through the remittence system, and Al-Shabaab is taking their cut. We're talking about a significant amount of money, whether it's intentional or unintentional, that the end result is the same. Al-Shabaab is receiving American taxpayer dollars that were stolen and routed through their network.

STU: So how is this stopped?

Because I don't think anything in Minnesota will happen. How's this stop?

It feels honestly. Know better than I do. It feels like the tip of the iceberg. I mean, today, the story from the GAO on Obamacare. That's completely out of control. USAID. This is happening.

I mean, tip of the iceberg. How do we stop this, if our politicians won't do anything in the states?

CHRIS: Well, there's two things that we can do. I think first off, in this particular case. Federal prosecutors have done a great job, uncovering these Somali fraud rings. And implementing prosecutions. And so they really deserved enormous credit.

But the federal government should do much more.

And I would recommend that Health and Human Services. And other departments at the federal level. Start all payments to Minnesota. Until they have a third party audit. Until they get their fraud under control.

And, you know, ultimately, you have to stop giving these people money, if you want them to change their behavior. And so I think a stop payment order on all federal funding to Minnesota programs where there are suspicions of fraud. Will help clean things up fairly quickly.

The reality is, we have a system in the United States. Where it's always a third party payer.

Health insurance, welfare programs. Food stamps, autism services.

Whatever it might be. These are massive third person payer programs. The incentives are, you know, not aligned with people actually enforcing the rules. And they become easy targets for fraudsters.

And so Minnesota used to be famous for honesty, fair dealing, good government.

GLENN: Oh, yeah.
CHRIS: And in just a short number of decades, their reputation has now been completely inverted.

And it is, by all accounts. From all of the research that I've done, I think this is likely the largest statistic welfare fraud scheme, in American history.

Silenced voices: The growing concern of Islamic influence in America

America is witnessing cultural changes at a pace few expected, and even fewer are willing to talk about. Glenn Beck and Allie Beth Stuckey expose the growing concern among everyday Americans, especially mothers, as mosques replace churches, schools switch to halal-only menus, neighborhoods lose Christmas traditions, and crime spikes in communities transformed by rapid Islamic immigration. While politicians look away for the sake of power, ordinary families feel silenced, shamed, and increasingly unsafe. Glenn and Allie reveal how secularism failed to hold the line, how progressive politics weaponized empathy, and why many believe the West is approaching a cultural and spiritual breaking point.

Transcript

Below is a rush transcript that may contain errors

GLENN: It's amazing to me how this -- the awareness of this Islamic takeover of the west, how quickly it is spreading, and how quickly people are waking up.

I don't know about the politicians. But the average person is really starting to wake up to this. Don't you think?

ALLIE: Absolutely. And, of course, you have been warning about this for years. But I think a lot of people are just seeing it infiltrate their neighborhoods.

There's mosques, where there used to be churches. And office buildings. There are people wearing hijabs. At their elementary schools. Middle school.

People celebrating Christmas and Hanukkah around this. And you're told that you're not allowed to notice this.

And you're certainly not allowed to care about this.

There's no such thing as American culture.

You can't care about sharing the celebrations with your neighbors.

But people do care.

It's very unsettling. And a lot of people are just finding the words and the courage to say something about it.

GLENN: You know, I don't have a problem with, you know, Halal, or kosher, or anything.

I don't have a problem.

But I do have a problem that my kid's school now has to only serve Halal food.

So wait a minute.

What. What's up with that?

And that's happening all over Texas. Where Halal is your choice now.

And I just --

ALLIE: Right. Can we have a conversation about this, please?

I think what most people just want. Can we at least have a conversation about what's happening in our country?

ALLIE: Right. You know, I asked my Instagram followers. Vast majority are women. Probably 85 percent stay-at-home moms. And when I asked this question -- my followers were about 850,000 on Instagram. And I just said. Totally open-ended. Wasn't looking for a particular answer.

Hey, what is your biggest concern with America right now?

I was just trying to come up with topics for my show. The number one answer over and over and over again was the spread of Islamic dominance, where they are living, in America, in the West. This is very destabilizing for a lot of people. And they're seeing it, not just affect people far off like we used to. But affect their own neighborhoods and their own schools. And so, you know, usually politicians kind of take a while to wake up to what the populace is really scared of.

We have seen some good action in Texas for sure. But this is a real problem. And it's not just an illegal immigration problem. That's the uncomfortable part of it. This is a cultural issue. This is an immigration issue in general.

So we need the people in Washington and in Austin, to come up with the solutions for the people who are concerned about this.

GLENN: So you said that your audience is concerned because it affects them.

How does it affect them?

ALLIE: Well, I think that they're scared of the violent crime that they've seen in places maybe in their own cities. Certainly in places where Islam has to me natured. When we look at places like Dearborn, Michigan.

When we look at our friends across the pond. That sexual crimes. Violent crimes. All increase, disproportionately when there is a large-scale importation of people from these Muslim majority countries. It doesn't mean they're all like that.

It doesn't mean that they can't be good neighbors.

But this is not only a cultural change. This is not only a shift in how their neighborhoods look and feel and the celebration and things like that.

But this also is potentially a threat to their own safety. Especially the safety of their daughters.

And people care about that.

GLENN: I was talking to somebody who was doing a posts with somebody over in London.

Yesterday. And he was talking about this. And I said, you know, I -- I -- I'm not -- you know, I don't follow the news all the time.

You know, closely like I do in America.

About, you know, the United Kingdom. But what I'm seeing coming out of Ireland. And when you think about Ireland. You think of a very Catholic country.

You know, or a Protestant. A very Christian country.

ALLIE: Right.

GLENN: And they fought wars over their own Christianity.

It is almost completely gone now.

You have to go to the way, way outskirts. You know, the northern part of the island, to find that kind of community. The Irish have almost been completely wiped out.

There's very few churches left. They're all being converted into mosques. And, you know, okay. Well, it passes. Et cetera, et cetera.

But to not notice, and not say, wait a minute.

That is the erasing of an entire people and their culture. And that culture is very important to the West.

ALLIE: Right.

GLENN: Should we not care about that?

ALLIE: Right. Well, certainly progressives care about it, when it comes to, you know, non-British. Non-British countries. Or countries that are not America.

They call that colonialism. They call that imperialism.

But apparently, when Muslims do this, it's fine. But the problem was not for Islam. The problem was secularization. The lesson there is that secularism doesn't whole. Atheism -- agnosticism don't hold.

People are looking for meaning. And eventually, ideology in one religion will win.

And right now, Islam and a lot of countries is winning.

GLENN: Yeah. You know, you wrote a book on toxic empathy.

And I think it's a mistake on this one to say, it is empathy that we have gone down the road.

I think this is -- especially if you look in Minnesota.

They turned a blind eye to what's going on in -- in Minnesota.

And I -- I'll bet you in Michigan as well.

Because if you don't have the Muslim population on your side. You're not going to be elected governor.

You're not going to be mayor. So it's not empathy. It's all politics. Which makes it even more grotesque.

But when I see us turning a blind eye to it. We're now entering the time of suicide. And those who are in power, are the -- the doctors engaging in medical assisted suicide for their country.

They know what they're doing at this point. They're just choosing their power, and hold on to their power for as long as they can.

Do you think toxic empathy at this point is still playing a role in this Islamic, you know, hostile, political takeover?

ALLIE: Yeah, I absolutely do. Now, do I think that's the case for Tim Walz or any of these? You know, probably not.

It's probably power. It's fear, as you said.

But for the average person, especially for the woman. Especially for the person who has been told that loving your neighbor means just accepting all forms of people, no matter what their behavior is.

Then, yeah. I do think people are more scared of Islamophobia. Or being called an Islamophobe. When they see the Islamification of their neighborhood. In fact, I think that they think their virtue is tied to how much they like Halal.

And how much they accept the -- the building of mosques around their neighborhood.

And so I do think people feel so strongly, that being exclusive or intolerant, in any way, is a sign of being a bad person.

That they won't speak up.

Because the media social incentives for speaking up against Islam, or against policies. Or anything.

It just, it doesn't exist.

The social incentives in the immediate is to be as progressive as possible.

People respond to incentives. So I think that's a big part of what's going on.

GLENN: Love to hear your comments on Trump over the holiday.

Tweeted out, the official United States foreign population stands at 53 million people.

Most of which are on welfare. From failed nations or from prisons. Mental institutions. Gangs or drug cartels. They and their children are supported through massive payments from patriotic American citizens who because of beautiful hearts do not want to openly complain or cause any trouble in any way, shape, or form. They have put up with what's been happening to our country. But it's eating them alive to do so.

Wow. That's not very empathetic, is it?

ALLIE: Right. That's exactly what he's talking about is toxic empathy. He's talking about our compassion as Americans being weaponized against us. The problem, I wouldn't have said it's a problem. But now it's becoming a problem. For conservatives, we're thinking individually.

We're thinking about our family. And we're thinking, okay. Whatever. Just take my taxes. Do what you have to do. I will keep my head down.

I will work hard. I will move further outside the city. I am going to homeschool.

All of this, and kind of be a recluse, as long as my family is safe. As long as I can make money. As long as things are okay here, then I'll be fine.

Well, progressives for the most part, don't think that way.

They think collectively. They are looking to build a coalition. We are just thinking about our family. And about our immediate future. In our local community.

And that's not really a fair fight, when you have someone who is thinking in the big sense of what we're thinking.

And so he's absolutely right. And that is one weakness that we Christians and conservatives have, even if we're right in thinking that way.

It's hurting us now, especially in ideology, in Islam, that means submission. They're looking to conquer. And conservatives in general, we just haven't been thinking that way.

GLENN: I was talking to Jack (inaudible) from the United Kingdom, and I said, how close are you guys to Civil War?

I mean, I see what's going on. And, you know, collapse. And it's bad.

And he said, I think it's beyond saving, except for God.

What came to mind was, yeah. I agree with that. Except, you've become a godless country. I mean, the Church of England just raised the Islamic flag over the Church of England last week.

What God is there?

He said that there was a resurgence of faith, which would be great.

But how do we fix this, Allie?

ALLIE: Gosh, I pray to the Lord, that that is true. That there is some kind of revival that we don't see. It's important to know that God works -- it's not always a headline. It doesn't always go viral.

It seems he's doing one thing. He's actually doing a million things in unseen and unsung words, such as faithful believers, that may not have radio shows, their podcasts, but they are doing God's word.

And so I pray to the Lord, that that is true. I can't imagine like a better signifier that you've been conquered than another ideology raising its flag over your territory. That is literally a sign that you have been conquered. But God. But God can do anything.

We can pray. He works through the prayer of believers.

He works through the obedience of believers. The boldness of evangelism of believers. We can't all change the world.

But we can be faithful with whatever spot of eternity God has providentially placed us in to make it for the glory of God.

To share the gospel. And to speak beauty and truth and goodness into whatever sphere we occupy. That is the responsibility of a Christian.

That is how God has moved mountains for over 2,000 years, and I think he will continue to.

GLENN: Allie Beth, thank you. God bless you.

ALLIE: Thank you very much.

GLENN: You bet.

How a Recent Conversation at Mar-a-Lago moved Glenn Beck to His Core

A deeply emotional conversation at Mar-a-Lago left Glenn Beck shaken, echoing the same chilling feeling he first experienced years ago during a private discussion with Charlie Kirk — long before Charlie’s recent assassination. As Glenn recounts his talk with Dave Rubin about danger, spiritual warfare, and the future of America, he warns that we are entering a moment where good and evil are unmistakably visible. From the overwhelming sense of divine presence at Charlie’s funeral to the rising chaos Glenn believes is driven by darker forces, this time feels less like politics and more like history unfolding in real time. The question now is simple but urgent: in a world losing its mind, which side will you choose — truth and light, or confusion and darkness?

Transcript

Below is a rush transcript that may contain errors

GLENN: So yesterday, I -- I -- I posted this when I got home. A picture my wife took of Dave and I.

We were kind of backstage at Mar-a-Lago. And we sat there for probably half an hour. And had a really honest conversation about what's happening in the world.

What's coming our way. And, you know, some things that are just concerning to both of us.

And I'm not going to get into all the details. Because I don't have permission to tell you everything that Dave said. I did ask him last night, if I could share some of this with you.

You know, he is -- he is Jewish. He's gay. He's married.

And he has two adopted children.

I mean, what else could -- leper? What else box could you check that would make you less popular in what the world that we're seeing come our way?

And he's a reasonable guy. He's a really reasonable guy. And, you know, when we talked years ago, when he was adopted. He was on the show. And he was like, Glenn. I've got to tell you. I've changed so much.

I don't -- I don't know how to justify -- because I know that it's best to have kids with a mom and a dad. And I believe in that. And I -- you know, I just don't know what to say. He was a guy in conflict when it happened. He's not in conflict now. He loves his children. Loves his children. And they're in a very stable home.

He would tell you not the ideal home. Because that would be a mom and a dad. But a great home.

And he said, I am finding myself in a situation to where, I mean, I just don't know what's coming.

And we talked about it. And I shared with him some things that I thought were coming.

Exactly what I did and I didn't realize it, at the time, until I walked away.

Exactly the way I did with Charlie Kirk.

When Charlie came to me in 2018, 2019, and he said, you've always been ahead of the curve. What's coming next.

And I said, well, I mean, if you just study history, Charlie. There's really two things that are left. One, is assassinations. And the second is war. And he talked about Donald Trump and that -- that they would try to assassinate. And I said, yeah. Honestly, Charlie. I think you and me are on that list too.

I said, one of us could go down in this as well.

We'll be targets as well. And we stood there. And I've told this story a million times. We stood there on the balcony of this hotel.

And we just looked over the ocean for a while. And we were both quiet.

And I think he said, one of us said, I can't believe we're having this conversation, and the other one said, I know. It's like we're in a movie, right? It's not real.

And lo and behold, just a couple years after, a few years later, Charlie is assassinated. David and I were having a conversation, and I said, Dave, I hope I'm wrong. But this is the way things could shape up.

And we talked about it for a while. And just as I was getting ready to walk away, he said, I can't believe we're having this conversation.

It's like we're in a movie. And I said, yeah. I -- I know that feeling. And then I walked away.

And when I got to my wife's side, I said, I'm sorry, I'm just really freaked out because of what Dave said to me.

Because of the last time somebody said that to me was Charlie.

We are living in extraordinary times. Extraordinary times. And we are seeing for the first time, we're seeing good and evil.

We are! We're -- we're seeing -- and in ways we've never seen before. You know, when the assassin tried to kill Charlie, he thought, there would be an equal and opposite reaction to that act.

And it would be that people would either side with him. Or they would rise up and they would start killing, you know, the left. And we would -- we would go into that Civil War thing.

But that's not what happened. An opposite action happened, as a reaction.

But it was not equal.

It was so far beyond equal.

That it was -- that it was clearly divine.

1.5 million people around the world watched. I'm sorry. 1.5 billion people watched that Charlie Kirk funeral. And that Charlie Kirk funeral happened, and if you were there, I don't know if you could feel it while watching it. I -- I imagine you could. But I'm telling you in the room, I've never felt anything like it.

You could feel the spirit there. I mean, it was like God was there. And every time somebody got up and started speaking about politics, you could feel the spirit withdraw. And then they would start talking about, you know, universal principles.

And the spirit would come back to the room.
It was amazing. And I wasn't just the only one feeling it. I had people around me. Elon Musk was two rose behind me.

Everyone around me were talking about, are you all feeling that?

This is amazing.

That was God! Showing up.

So the unequal, but opposite reaction was God working a miracle.

The only way I can understand what's happening, in our world today, where we have gone insane.

We've gone insane.

People that I know have lost their minds. We can't -- suddenly, we can't have conversations about things that have been settled for a very long time.

And suddenly, you're -- you have to be an enemy. That's why, when I talk about these things, I don't want to single out anybody. Because I'm not going to make this personal. I'm not going to make this personal.

I want to make this about the facts. Because the minute we make this personal, then we're immediately enemies of one another. And I don't -- there's one enemy, and it's the author of chaos. And that's who I fight.

God shows up. Now, what's the equal and opposite reaction? Because every action has an equal and opposite reaction. I really believe Satan showed up.

God shows up. We have this resurgence of faith, this explosion. And then Satan shows up.

And all of a sudden, we're talking about insane things. Like, all of a sudden, you know, Jews rule the world. And -- and I hate Israel. And, you know, it's insanity. Insane stuff that we've always known was insane.

We're watching for the first time. We're watching the big boys play.

And we are pawns.

You just have to -- you just have to make sure you're on the right side of the board.

You know, who -- who are you a tool?

Whose hand are you in?

You on the good side, or the dark side?

Because you have to make that decision right now. And the way to make that decision is just to remember what you've always known to be true.

What is true?

When you know those things and you stay anchored in those things, it's going to be okay.

But if it feels like we're living in a movie, in some ways, we are. It just hasn't been made yet. But believe me, there will be movies made about this time.

And about people that you may know. There will be movies made.

How that is portrayed in the end, I'm not sure. But I do know that every time in human history, every time this road has been traveled. There is a winning side.

And the other side destroys itself and its civilization.

So to me, it's pretty clear. But it's for each of us to find.

Just do it peacefully. Make no enemies. Make no enemies.

I remember one time, we were in the throes of just real attacks. On every front.

And I thought, my whole world was coming apart. And it didn't matter what I did. What I said. Where I was. It didn't matter. Just attack, attack, attack, attack.

And I asked the Lord in prayer, you know, help me.

Help me. How do I defeat these enemies?

And once in a while, once if had a great while, I'll feel like he -- that I almost hear him.

And I don't know how to describe it. It's -- it's like I hear the words. But not hear the words. You know, I just know what he's saying.

And sometimes, it's so clear. It's jaw-dropping. And I remember in prayer, and I'm talking about, how do I defeat these enemies, et cetera, et cetera?

And it was so clear. And what I heard was, firmly, stop. These are not enemies of yours. They are enemies of mine.

These are my rights.

And I will solve the problem with my enemies.

You do the right thing.

Okay.

So I don't want to make any more enemies.

Because they're not enemies of mine.

They're his -- his enemies.

Anybody who is standing against the rights of all men, anyone who is standing against the Bill of Rights, the idea that all men are created equal and endowed by their creator. They're not my enemy.

I mean, I view them that way. But they're ultimately his enemy.

I need to remain on his side. That's all I need to do. Remain on his side. And when he tells me to act and tells me what to do, I will do it. And so far, all I know, is make no more enemies.

Just speak the truth plainly. Clearly.

Just keep saying the truth. The things that you have always known that are universally true.

I'll take care of the rest.

WAKE UP: The Islamist Takeover of America Is HALFWAY Complete | Glenn TV | Ep 472

Islamism is advancing inside the U.S. through Minnesota’s massive welfare fraud tied to Al-Shabaab, Sharia-style tribunals in Texas, Muslim Brotherhood campus networks, and failed immigration vetting that led to a CIA-trained Afghan migrant killing a National Guardsman. Glenn Beck ties these stories to the Muslim Brotherhood's 100-year plan to conquer the West, which is reportedly halfway complete. Europe has already lived through this collapse. British writer and podcaster Peter McIlvenna joins to reveal the parallels between Britain and what he saw while visiting Texas, and he reacts to Gov. Greg Abbott and President Trump cracking down on the Muslim Brotherhood.