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Expert gives the ACTUAL reasons why gas prices decreased

‘Falling gas prices give Democrats a sense of optimism for November,’ The Hill reported earlier this week. But that doesn’t mean Democrats deserve ANY credit. Financial expert Carol Roth, author of ‘The War On Small Business,’ joins Glenn to explain the ACTUAL reasons gas prices have dropped and the one way Biden actually is just making it worse. Plus, Roth and Glenn discuss whether the coming energy crisis could lead to the federal government nationalizing the entire industry…

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth, the war on small business author. And former recovering investment banker, that actually can break things down and talk and explain what things mean to the regular schlubs of America.

Welcome, Carol. How are you?

CAROL: You know, just enjoying the Biden economy. How are you?

GLENN: Oh, my gosh. That party yesterday was absolutely incredible. Incredible.
(laughter)
I mean, it was surreal. They were celebrating that the interest rate is coming down. Can you explain what happened with the interest rate numbers. The CPI numbers.

CAROL: All right. Well, James Taylor was there. So we saw fire. And we saw rain. We saw a revery hot CPI report yesterday. As we know, the CPI is one of the measures of inflation. And one of the measures of consumer inflation. We do know it's understated because they have messed with it, for the last several decades. To underplay it. But it's still a benchmark to sort of compare. It was considered hot by all expectations. We knew there was going to be some decline, in the headline number, because of the sharp decline in gasoline prices.

GLENN: Wait. Wait. But could you explain why the price of gasoline was going down?

CAROL: Sure. So before we get to the nitty-gritty.

GLENN: Yeah.

CAROL: So there were a couple of reasons why gasoline is come down. Some of it was our president pulling a little bit of a stunt, pulling oil out of our oil reserves. And putting it out in the markets, to kind of depress it. Some of it was artificial, because the gas taxes have been on hiatus in certain locales. But the biggest reason, that the gasoline prices are coming down. Because of the price of oil is coming down. And the biggest reason the price of oil is coming down is because the price of oil got too high.

It's just pure demand destruction. There's a saying in the commodities market, that the best cure for high prices, is high prices.

And that's we saw. Not only here in the United States, where people maybe decided not to take a road trip. Or reroute their lives. You know, so they're not using as much energy. And particularly gasoline. But also, on a global stage. Obviously, the prices are going through the roof, as we know in Europe. Completely self-inflicted.

But, you know, again, they're having to make those same choices. And then China, as we've discussed previously. Is having its own issues. And particularly, with parts of that country, being under lockdown. And being a top consumer of oil. They weren't using it.

So the demand destruction, is that reason. That big reason, that we had to decrease in oil. And then decrease in gas.

GLENN: So just confirm, this is a good way to look at the words demand instruction. Because you'll hear people to say, what we're looking for is demand destruction in the oil prices. And blah, blah, blah. And, you know, it just kind of goes over people's heads. And I describe it today. Every time you hear demand instruction, put your fame. So Carol Roth, your bank. Your bank account. At let's say Bank of America.

What they're looking for. What they're really looking for, is Carol Roth's bank account at Bank of America to be destroyed. So you don't have the money to go and buy the things. Correct?

Looking to price things so crazy. That you can't -- you can't afford it.

CAROL: Yeah. It's the outgrowth of high prices, that basically Carol Roth says, you know -- I'm looking at my bank account. It's being destroyed.

And there's no way that I can go on that road trip. So I'm just not going to be one of those people in the market, who is purchasing gasoline this month. I'm going to take a reprieve. I'm going to work from home. That's part of the whole story of the Federal Reserve. What they're trying to do to, quote, unquote, slow down the economy. And engineer their -- another big -- you know, kind of financial speak. A soft landing. Trying to quell inflation without tanking the economy.

And that's their tool kit, is all about demand destruction. They don't want the consumer to purchase. They don't want businesses to make investments. And we've already had two quarters of negative growth.

So if they're trying to get the economy to slow down, you know what that means? That means more contraction.

GLENN: Okay. So that's why gas is going down. And that was really the only thing that went down. Right?

We had food prices skyrocketed.

CAROL: Yeah. It's crazy. I saw a stat in there, that food in the house, it was something like they were in the highest levels since the late 1970s. '79, I think. So we have hot numbers in food, in shelter. In medical care services. This isn't like ancillary stuff. This isn't the fancy clothes. This is the stuff that you're -- you know, you need to be able to live your life.

And it was the -- the fact that we thought, maybe -- the lower energy prices would flow through, no pun intended, a little bit more of the economy. But it's just shown that we have a very broad base, in terms of inflation. It's not just coming from that one pocket. It's not just Putin's fault, Glenn.

GLENN: Right.

CAROL: And that is going to take a long time to come back down to normalized levels.

GLENN: So we have something else to add on top of that. And you can call it climate change or just a bad season, or whatever. But I was talking to my aunt, who is like 85 years old, yesterday.

Quite a conversation. I said!

Anyway, she was canning yesterday. And she was like, there have been no peaches. No beans. She said, we planted our bean garden three times. We had a hard time even finding seeds for it.

There is -- we are facing a real crisis just because the crops didn't come through, and that's happening globally. You add to that, all of the other problems. We haven't seen -- we're now just about to get into the time, where we would be using this summer's crops. Correct?

So food prices still have a lot way to -- a long way to go. In the up direction, don't they?

CAROL: They do. And that's part of the issue. Why I'm sort of banging my head against the wall, in terms of these discussion points. Because as we talk about the demand destruction that the fed policy is trying to enact.

Our issue is the broad-based supply issue. And as you mentioned, one of the areas that is undersupplied is food. Part of that, as you mentioned, because of weather events. Some of that because of fertilizer shortages. Some of it is because of by-products from energy that go into dry grains. Some of that, because of, you know, war in Ukraine.

But all of these things happening at the same time, are creating those shortages.

And again, as the consumer decides what to substitute. They may be able to substitute to a lower cost food, but they can't substitute food. And that will continue to be an issue, all across the globe.

GLENN: Well, they can't eat bugs. They're supposed to be very, very tasty.

Okay. Hang on just a second. I want to ask you a couple of things about the fed, and what they're planning on doing. And I'm reading some disturbing things, that I would just like -- talk me down from the tree. We'll do that in 60 seconds.

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(music)
So a couple of things, let's -- let me start with the fed. I am -- I am reading now, that the fed is going to raise the rates again.

But as astonishing as it seems to me, that we are at these historically speaking low rates. And it's going to stop the heart of the economy. They're saying now, the next rate, or rate hike. Or two. Could just put us into a tailspin. Do you believe that?

CAROL: I do. If you go back to Janet Yellen, our, quote, unquote, esteemed Treasury secretary. The one that told us that inflation would be transitory. And that they needed to get information on $600 e-commerce transactions to keep the billionaires in check, Glenn.

She was on -- one of those weekend shows. And she said, basically, that they fed is going need to a great deal of skill. And also, some luck to achieve this soft landing. Trying to bring down inflation, without taking the economy.

Well, we know on the skill side, we know that they don't have the skills. You know, they were behind the curve in terms of raising the rates to begin with. They waited until we were at, you know, historic 40-year highs, before they even started thinking about reversing course.

So obviously, we know that probably is not -- that the skill part of it. The luck part of it isn't on our side either. Because they don't have the right tool set. As we've been talking about this supply side, versus demand side. And the demand destruction. Their tool set, in terms of raising the target interest rate. As well as potentially reducing the assets under balance sheet. Although, I don't know if they'll ever get around to that. That, again, is to destroy demand.

It's just to have the consumer slow purchases. It's to have businesses slow investment. First, they have the government that's working, you know, against them on that. The government policy is spending more. So those two things are at odds. Which makes absolutely no sense.
But the problem we have now, isn't a demand side issue. It's a supply side issue. As we've been talking about, we have brought under supply. So unless the fed knows how to print labor, print food, print oil, print housing, they are not going to be able to solve for that -- for that Delta, that distance between supply and demand without completely slowing the economy to the point that we are in a severe recession. And that is what the market is signaling, both the stock market and the bond market right now.

Is saying, boy, we don't have the confidence, that the fed not only has the tools, but that they aren't going to put us in a worse situation. And on top of that, then you also have the global economy, you know, in tatters as well. Which isn't a lot -- not a lot. So I'm not real bullish on the skill and luck of the fed right now.

GLENN: So I was in -- I was in Italy last week. And just talked to people. Sit at a restaurant or whatever. And we just talk to people. And one of the more disturbing trends that I heard was, you know, that -- that things are getting really bad. And one person described it to me, as the winds of revolution are sweeping Europe.

Because -- and it's fascinating. Everyone knew, it was the same problem, we have here. The elites are going in one direction. And the people are going in another.

The people are saying, give it back to us. And the elites are saying, give it all to us.

And that's not going to last. And I kept hearing things like, we're just going to have to learn to -- that the this year days of having things that you wanted, and easy lives, are over. Can you describe what that means?

That Americans are just going to have to live a different kind of life.

CAROL: Yeah. It's so frustrating. That, you know, we have the leading economy in the world.

And you have all of these first world countries, that really have spent time, using their technology, to help other countries. And to help lift up human flourishing around the globe. I mean, if you think about China, and what we've done in terms of the extreme poverty there.

Lifting out 90 percent of their population, from extreme poverty. Because they were able to trade with us. And basically suck up some of our capitalism into the communist system. You know, that's what we should be doing. We should be taking that leadership, saying that we know how to do things the best way. And we're going to help everybody flourish. Instead, you have these elites, no. You know, we want this to be a third world country. And we want to be in a dictatorship. Where us at the top, have our own set of rules, and have all the power. And you just suffer. And you're going to have to suck it up.

And, unfortunately, there are some people, who will go along with that. Yeah. You know, crisis. We have to do all this together. Kind of what happened with covid. But we should have happened over the past two years. That they don't have our best outcomes.

GLENN: Interest.

CAROL: Yeah. Outcomes at heart. And they will do anything. Lie. Completely do anything they can to get and usurp that power. And we've already seen, you know, smaller amounts of civil unrest, you know, in developed countries. Whether it was the freedom convoy, or in the Netherlands with the farmers. And, you know, you're right. This could end up becoming a much bigger issue. Which, you know, if it changes the tide. You know, in a sense, it may not be the worst outcome. Not that obviously, I ever want to see any sort of violence or unrest. But we need to change the tenor, and the people need to take back common sense and sanity here.

GLENN: So the -- the one thing that kind of makes sense to me. Is -- you know, if you're somebody who wants control of things. You need to control medicine. They do. They need to control education. They do.

But they need to control energy. You know, I'm seeing this happening in Europe because they're ahead of us. And they're all -- people are going to freeze to death, this winter. They will freeze to death. And people did be able to pay their power bill. Which will put the energy companies into distress. And they won't have the money to do it. Because people aren't paying their bills, et cetera, et cetera. And I just think the government will step in and say, they couldn't get it done. This needs to be done by the government. And you could see the West just taking and absorbing all of our energy companies. Do you think that's a possibility?

Because I think it's likely, at least in Europe.

CAROL: I mean, so if you think about the desire to nationalize, control, have sort of a public/private partnership. At least in the US. California is sort of our incubator for that. And they're starting to test that in a lot of different realms. They just put together that fast recovery act. Which is going to be a state council on fast food. So they'll manage the fast food industry.

And, again, that is a step to try to nationalize these industries. I definitely see a place. We've already been hearing from the U.S. and abroad about things like price caps. We have a big problem in Europe, in terms of the way, they have kind of financed themselves, and a potential collapse of, you know, some of the energy companies and utilities out there. So, yes. You're going to have some -- the governments come in with a bailout. And then they may use that as an excuse. Well, we're bailing them out anyway. They can't manage them. We need to take this over. So whether it's food. Whether it's energy.

Whether it's any aspect of our economic freedom. These crisis are their touch points.

And, again, self-inflicted crisis. In order for them to say, we created the problem. But don't look at that. We'll fix that for you.

GLENN: Carol, will you do me a favor? I would like to do a special with just a group of experts, that can tell the average person, what's coming, and how do we deal with it.

I mean, it's so overwhelming to the average person. And I don't think, because people make it so complex. Because it is complex.

But they make it so complex, that they -- they don't even think about breaking it down into smaller bite sizes, that people can understand. So can you find a bunch of people, that you really think get it. That maybe can sit around at a roundtable, and maybe have a conversation about this.

CAROL: Yes. I would love to be honored to. And I will be in touch.

GLENN: Okay. Good. Carol, we'll talk again. Carol Roth. Carol Roth. Make sure you follow her. She's really, really spot-on. You can follow her at CarolRoth.com.

Also, tonight is a special on the energy crisis. And the collapse that is coming for Europe and what it means to America. Not just the explanation. But what we need to do about it. That's tonight. BlazeTV.com.

Trump's Tariffs EXPLAINED: Will Canada Cave Like Mexico?
RADIO

Trump's Tariffs EXPLAINED: Will Canada Cave Like Mexico?

Did Donald Trump start a trade war with Mexico and Canada, or is it all part of his negotiation strategy? Mexico has already agreed to help improve border security. But Canada has pushed back against Trump’s promise to slap 25% tariffs on many Canadian goods. Glenn explains what Justin Trudeau doesn’t seem to understand: This isn’t about “punishing” Canada. It’s about national security and getting the best deal for Americans.

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Welcome to the program. Donald Trump just got off the phone with Justin Trudeau.

Apparently, they're going to talk again at 3:00 this afternoon.

But he's not -- he's not going -- he's not going light on Justin, which I'm very happy about. Canada, immure -- I'm sorry. When we're there too.
-- I don't want to feel like we're pointing out Canada going, you guys suck! We sucked too. We just woke up and changed leadership.

And we're -- we are going in a different direction. Because we've learned the same things you know. Okay? You know it!

This can't continue this way. Right?

STU: Yeah. The one. I have several issues with some of these policies.

One that I do, is really -- a little bothersome to me. Trudeau is so unpopular, in Canada. So on the way out.

Now there's this nationalist Canadian thing going on. Where they're --

GLENN: Wait a minute. Trudeau is becoming a nationalist?

STU: It's hilarious. He's now getting the benefits of the support, of people who are just rallying around him mindlessly.

Whether the policy is right or not. I just don't like good things happening to Justin Trudeau.

I don't know if that's part --

GLENN: That was an unforeseen consequence.

STU: We will see, obviously, with where this lands, much more important than not.

GLENN: Here's the thing. We have a president that is not actually trying to destroy us.

STU: Yeah. That's true.

Whether you like this policy or not, when it comes to tariffs. You know that the motivation behind it is to make the country better. And I don't know if it's always the motivation behind these policies, when we've seen previous presidents go after them.

Obviously, a lot of Democrats have gone after similar policies. I think a lot of times, their motivations have been much, much worse.

So at least we've got good motivations behind this.

I mean, I think Trump is looking at this and saying, he thinks this will work long-term. I think most clearly, you pointed this out, Glenn, with Panama. With Colombia. Most clearly, he believes they're going to back down from this eventually.

And give us concessions. And I think that's probably the most likely outcome.

GLENN: That seems to be what's happening with Panama.

STU: Yeah, definitely happened with Colombia.

It does seem to be, we are the big boys on the block. And Donald Trump is not only familiar with that fact, but also comfortable with it, unlike other presidents. He's comfortable with us being the big boys on the block.

He's comfortable with us being the world power. That's okay in his eyes. It's okay in my eyes. It's okay in your eyes.

GLENN: As long as you don't become a big bully. I mean, listen to what Justin Trudeau said.

Let's go to cut three, please.

VOICE: Now is also the time to choose Canada. There are many ways for you to do your part. It might mean checking the labels at the supermarket. And picking Canadian-made products. It might mean opting for Canadian rye over Kentucky bourbon, or foregoing Florida orange juice altogether. It might be changing your vacation plans to stay here in Canada and explore the many national and provincial parks, historical sites, these tourist destinations our great country has to offer.

STU: Useless job, yeah.

GLENN: I know he is. I know he is.

STU: He's using this to turn around his own political fortunes. Which is infuriating. He doesn't care about any of this other stuff. He's motivated by his own political interest here.

GLENN: Here's cut six.

VOICE: I think Canadians are a little perplexed as to why our closest friends and neighbors are choosing to target us, instead of so many other challenging parts of the world.

I don't think there's a lot of Americans who wake up in the morning saying, oh. Damn Canada! Oh, we should really go after Canada.

GLENN: You're right!

Why were you targeting us? Why -- why was your -- your number two in command that just quit, why was she targeting people here for, you know, giving to a freedom movement in Canada?

I mean, it's not like you've been our best friend, Justin.

STU: No, he's been horrible.

GLENN: Terrible. But Canadians are great. I love Canadians, and I love Canada. And Canada should love Canada.

STU: Sure.

GLENN: And you should be concerned about what the state of your country is in.

You know, look at your immigration problems. Look at what's happening to your country.

That's what started all of this.

Is the fentanyl coming across our borders. Both north and south.

And the illegals. Stop it. Stop it.

And the great way to stop it is to make sure you stop it at your borders.

From them coming into your country!

That's -- that's really what this is about.

STU: Right. And that's what's clear here.

You know, Trump always says tariffs are his favorite word.

You've talked to him privately about that.

GLENN: I disagree with him on that happen.

STU: A way, I don't think that's exactly what he means.

Tariffs are good, to the extent that they get something else done. Right?

They're not good in and of themselves.

They're just taxes in and of themselves.

They do raise prices on us. The calculation however is, will the pain, that is applied to both sides as Trump has outwardly stated. And it's important to be fair to him.

A lot of people are saying, he's not saying this.

He's saying, there will be pain.

Those are his word. There will be pain on us.

The calculation is, the pain on us, will be the pain less on them.

And they will give first. And then he will get what he wants, outside of the tariffs.

That's the calculation here.

I mean, it is a risky one at times. And, you know, these -- you can call it a trade war or not.

But the bottom line is, when we escalate them, then they escalate. It's -- you could say it's not a trade war. But it kind of is.

I mean, it's a trade competition, if you feel more comfortable with those terms.

But the bottom line is, we believe we're going to win it. That's what he's saying!

And he believes we will win it. And at the end of the day, we get concessions that improve the country. The proof is going to be in the pudding on that.

Will it work? As you pointed out, it has worked kind of with Panama, so far, it seems like.

It's worked kind of with Columbia. It's going to work with some of these countries, it will be more difficult with a country like China.

I think what we saw in his first term.

Was a renegotiation of NAFTA, which basically became the US embassy. Right?

GLENN: Which he still doesn't like. It was the best he could do.

STU: It was the best he could do at the time.

He's I guess not happy with it now.

Because, you know, you're not allowed to put new tariffs either one of these countries in that agreement, which he negotiated. But he wants something better. I mean, how can we be upset with a president who wants something better for the country?

It -- it's just a question as to whether it works or not. The guy -- the Dallas Mavericks traded Luka Doncic this weekend.

The DM came out and said, you'll have to judge me as to how it turns out. We will!

Right? Congratulations, we will!

GLENN: In fact, we kind of already have.

STU: Well, that one, we already have.

That's probably a bad example.

That's exactly what will happen. If this works, and you get something out of it.

People will probably be okay with it, even if it is short-term pain.

Generally speaking, though, the American people only have so much tolerance for that.

And Donald Trump has a finally tuned eye for that type of thing. And I'm sure he will walk that line carefully.

GLENN: He does. Oh, yes, he is.

Yes, he is. And like I said, he's not trying to destroy America. He's trying to save America. And I know that's a new concept, to the American people.

STU: Yeah.

GLENN: I'm sure it's new to Americans as well. Cut one.

Here's Donald Trump talking about tariffs on Europe.

DONALD: Well, you're asking me a question.

There's a period in here, am I going to oppose tariffs by the European Union? You want the truthful answer, or should I give you a political answer? Absolutely.

STU: He wants stuff, and this is how he gets stuff.

GLENN: Yeah. But what does he want?

STU: I mean, various things from various countries, right?

GLENN: Yeah. He wants. The big things, he wants an end to the World War II order.

Where we are protecting Mercedes Benz. Allowing Mercedes to come in here, and have all kinds of access to our market. And Ford can't.

We don't have that!

We don't have that in Germany.

Why? Because we wanted to make sure the German countries could recover. And all the car companies could recover.

You know, the world is just not a good place without all that citron.

So that's what that is all for.

That's why we did that. And it never changed.

And it's got to change. It's over.

It's got to change. The other thing that absolutely has to change. They have to pay their 5 percent. Into NATO.

You've got to pay it.

STU: That's -- everyone is in this agreement.

GLENN: Yeah.

STU: It exists with the terms of the agreement.

GLENN: Uh-huh.

STU: In place. Follow them.

That's not a difficult thing. We're doing a lot more than everyone else, anyway.

Even if we all pay 5 percent, we're the ones footing the bill. We're the ones basically running that organization.

The least you can do is get to whatever that percentage is.

GLENN: Yeah. And that's fine if you don't.

If you don't want to do that, that's fine.

Then the agreement doesn't exist, and we're not going to protect you all the time.

You know, Winston Churchill. He had to beg the United States to come in because the Americans don't want to be involved in everybody else's business. We don't!

Our government, our state department seems to want to.

The military industrial complex wants to. But the American people don't!

So we're totally fine with that, Europe.

We don't think that's a good idea for you. But, you know, in time, you will learn to defend yourself. And then you will probably get pissed off at the French and start bombing them.

And then we'll be in it all over again. Again, we don't recommend it.

But go ahead. We're not protecting.

What do you think Justin Trudeau will say, if we said, oh, well, you don't want to protect your borders.

Okay. All right.

You want a trade war. Okay.

Well, I think we're done helping your military.

I mean, that's -- we win at the end. Hopefully, we'll never get to that. We win at the end.

STU: They have to know that.

GLENN: Yes, they do. They do.

STU: They have to know that.

I'm not surprised they're retaliating, with the 25 percent tariffs of their own.

Obviously, there are a lot -- we do send a lot of products to Canada as well.

We are the second largest exporter in the world.

GLENN: But --

STU: So we do send products to a lot of these countries. And it will burn those companies. And it will hurt at times.

If these things even get into place. We're not even in place yet.

Would it be surprising at all, if there was a most of negotiating. No.

GLENN: Let me ask you. He was just on the phone with Justin Trudeau just a few minutes ago.

Hung up the phone. What's he doing at 3:00 this afternoon?

Getting back on the gonna Justin Trudeau. This is a negotiation.

GLENN: Yes. Exactly. You can't get too worked about it. Because you don't know where the story ends.

GLENN: We have no idea. We're not the ones negotiating.

Here's what we do know, our negotiator is trying to get the best deal for us.

And he's a businessman. He understands it. Unlike attorneys who run the rest of the world.

NEW EVIDENCE: Shroud of Turin Shows Exact Moment of Resurrection?! | The Glenn Beck Podcast | Ep 243
THE GLENN BECK PODCAST

NEW EVIDENCE: Shroud of Turin Shows Exact Moment of Resurrection?! | The Glenn Beck Podcast | Ep 243

In 2022, a prize of one million dollars was promised to anyone who could recreate the Shroud of Turin. If the Shroud is a forgery, that should be a simple task. Yet, no one has accepted the challenge. “The Shroud of Turin is the most lied about artifact in history,” says distinguished New testament scholar, Pastor, and President of Christian Thinkers Society, Jeremiah J. Johnston, who guides Glenn through a scientific, historic, and theological exploration “beyond the mystery” to the “message of the Shroud.” Discredited and marginalized as a relic only relevant to the Catholic faith, Jeremiah contends that the Shroud of Turin has something to offer every follower of Christ. He reveals what he believes to be the rare blood type of Jesus, the real design of the crown of thorns, and why, in his opinion, Christ was buried at the Church of the Holy Sepulcher. Glenn shares what he saw when given a behind the scenes look at the artifacts housed in the Vatican, and asks Jeremiah whether he is concerned about the AI recreation of the face of Christ. Not only may the Shroud of Turin provide a deeper understanding of the crucifixion, but does it also miraculously uncover the exact moment of Christ’s resurrection? Find out in this paradigm shattering episode of the Glenn Beck Podcast.

Glenn GOES OFF on Senators Trying to Block Trump’s Cabinet Nominees
RADIO

Glenn GOES OFF on Senators Trying to Block Trump’s Cabinet Nominees

What's actually going on in Washington, DC? President Trump's cabinet nominees like Tulsi Gabbard, Kash Patel, and RFK Jr. faced hostile confirmation hearings as both Republican and Democratic senators grilled them on insane things. But why would Bernie Sanders, for instance, oppose RFK Jr., a fellow critic of Big Pharma? And why would someone like Doug Burgum get an easy pass to lead the Department of the Interior when climate change is allegedly the biggest crisis we face? It's because these senators don't actually care about "truth," Glenn argues. They care more about preserving themselves and stopping any nominee who will expose their corruption. But the American people have had enough. The truth WILL be revealed. And that's why Trump needs his cabinet ...

Transcript

Below is a rush transcript that may contain errors

GLENN: All righty. I have a few things to say.

Let's start with, who is having a hard time getting confirmed?

Okay. Let's just go through the names here in a second.

What's really being discussed here.

Who is under the gun?

Let's start with Pete Hegseth. What is he going to do?

He's going into the Department of Defense. He's looking for those weasels, that have been changing everything in our Defense Department.

Has been culling anybody who disagreed with Joe Biden.

Anybody who thought Donald Trump might be right.

They got rid of all of those people.

Then they committed another atrocity, I believe, for our military.

Demanded that you get the COVID shot, or you were out! It was crimes, incompetence, maybe crimes of incompetence, in Afghanistan, at least. They were trying to control the message. Control the military through DEI.

So Pete Hegseth is a target. Why? Because he's going to find out what's going on. He's going to run investigations. And he's going to stop it.

Okay! Next. FBI DOJ.

So why -- what is he going to do? What is Kash Patel going to do when he gets into the FBI?

Well, he's going to investigate crimes, the weaponization of the FBI. Also, the way that they protected those in Congress, or those in power.

I.e., the Hunter Biden laptop. I.e., the FISA courts.

So he's looking for bad guys, while also trying to clean it up. Because you can't clean it up, if you don't know who the bad guys are.

Then you have the Director of National Intelligence. And Tulsi Gabbard. She's under fire. Why?

Well, she needs to go in and expose all of the black ops, and those leaking lies to the press. And shoring up lies to the members of Congress.

And rooting out the darkness between the members of Congress, the White House, the military industrial complex, and the intelligence community.

What is RFK? Why is he being challenging?

Because he's going to expose the lies of COVID, the corruption, and corruption with pharmaceutical companies.

He's going after and breaking that all up. These are all big businesses. You know, big businesses, for congressmen and senators. And the government!

This is -- this is the center of public/private partnerships. Okay?

And they all involve people who want to go in and find out the root of what's really going wrong here! So they're all under attack.

But what did the Democrats say, is the existential threat to the republic, and all mankind?

What was it?

STU: Global warming!

GLENN: Global warming. Global warming. Guess who just -- whose nomination just flew by!

Doug Burgum.


STU: Burgumentum, yeah. It sure did fly by.

GLENN: Doug Burgum. That is weird.

STU: You would think for Department of the Interior, the concern for a bunch of people who think global warming is the big concern.

GLENN: What he's going to do is reverse a lot of the things and make coal, gas, oil exploration okay for many parts of the Interior of the United States.

He sailed through!

Now, how does he sail through, if he's just going to be -- his role will be to destroy the opposition to oil, gas, and coal?

Notice what he's not going to be doing. He's not going to be investigating the government.

So forget about what we said about the biggest threat. No, no. The biggest threat seems to be the people who are looking into corruption!

So I was a little outraged. I've been a little outraging all week.

And I want to clarify things. And make very, very clear.

We're talking about threats to our democracy.

That's what they said. And I believe that to be true! We're talking about the rule of lay. Right?

But let's -- let's actually look at what is being said in the so-called confirmation hearings.

On day one, with Bernie Sanders and RFK. America's favorite millionaire socialist was railing about onesies.

Onesies! What? That's the great moral crisis facing this country? While we teeter on the edge of war. While the economy is in free fall. While we have corruption all throughout our government? With COVID and pharmaceuticals. Onesies is the thing you're bringing up?

While the very institutions, he claims to protect, have all been turned into political weapons.
Then when RFK Jr had the audacity, the unmitigated gall to point out, that this self-styled champion of the working class was the single largest recipient of pharmaceutical money in 2020, what happened? What happened?

The old man went -- oh! I knew this was going to come up in my socialist dreams.

What did he do?

He did what they all do. He had to silence RFK.

He had to have him dismissed. He needed to discredit him.

He needed people not to hear what RFK was saying.

The same man who spent decades raging against corporate greed. Suddenly has nothing, but caveats and excuses, when the money was going his way.

Now, I don't think it was. But let's just say, that was a lie about Bernie Sanders!

Let's just say that RFK just made that up.

Okay. What had to happen?

Well, Bernie Sanders needed to be able to clarify. Right?

He needed to be able to say, that's not true. And here's why that's not true.

But he couldn't. Okay? He just had to shout it over what RFK was saying. He had to silence and talk over RFK to stop the accusation.

He needed to defend himself, and explain. That's what would happen in a fair system.

But no one on the receiving end can silence the senators. No one on the receiving end can talk over them, and say, that's a lie! And get the control of the room back, so they can set the record straight. The senators can. See, the questions are akin to, when did you stop beating your wife? And I think that was an actual question for Pete Hegseth, last week. Was it not? When did you stop beating your wife?

These hearings are not advice and consent as the Constitution requires. They are smear, destroy, and delay.

Let's move on to Kash Patel. The man accused, without any evidence, of course, of planning to weaponize the DOJ and FBI. That's laughable!

Who is accusing him of that? The very senators, who have spent the last 20-plus years. Weaponizing the entire government, against the American people.

The same people who oversaw the raids on journalists. The spying on sitting presidents. The suppression of political opponents. The imprisonment of pro-life activists, while violent rioters just walked free.

Are these the people who have the audacity, to clutch their pearls about the politicization about law enforcement?

The hypocrisy is so thick, I almost choked to death on it!

And then there's Tulsi Gabbard. God bless Tulsi Gabbard.

When she finally got a chance to speak, she laid it out, plain. Corruption in our intelligence community, is not a theory. It's a fact!

It's a matter of record. It's not even in dispute.

But did anybody talk about that?

No!

Smear, silence, destroy.

Instead, they smeared her. She's a Russian agent.

She's a traitor. She's a spy for Syria. She doesn't care about the Constitution.

These people are so desperate to maintain their stranglehold on power, they will destroy anyone who has -- who has the gall or the opportunity to expose them. They're all rallying around the idea that these people must be stopped, why?

Why did Doug fly through with the Department of Interior, if that's the biggest problem? Because that's not the biggest problem.

They know the biggest problem right now is, they're about to be exposed. So they have got to destroy and delay and stop these people.

They asked her if Edward Snowden was a traitor. They weren't interested in their answer. Because the truth is too dangerous for them. They're not interested in an actual answer on any of these questions.

Here's the truth: Is Edward Snowden a traitor?

Well, I don't know. We could talk about that back and forth.

But I know he shouldn't have ever had to blow the whistle.

Especially to the press.

But it's because of this very committee, senators, it is because of many of you, in fact, you from Colorado, that are questioning me on that!

You were in the Senate, at the time.

Why did -- why didn't -- why wasn't he comfortable coming to you, to blow the whistle.

Why is it he couldn't, become a whistle-blower?

He had to go to the outside press?

See, all of the things that they were doing, that he exposed, I don't like the fact that he exposed them.

Because it hurt the United States. But I'm glad he exposed them. Because what you were doing. What you in Oversight were allowing to happen for years, was against the Constitution.

Was against our rule of law.

So he shouldn't have had to have blown the whistle.

You, all of you, sitting right here on this panel, you're in charge of oversight. You failed!

And you dare question me. Maybe you should do your damn job. Maybe you should stop the unconstitutional surveillance programs, before they ever begin.

These are the people that oversaw the FBI lying to the American people about Hunter Biden's laptop. The laptop that proved the sitting president of the United States and his family took tens of millions of dollars from foreign adversaries, including China!

The same China that is threatening the United States, threatening Taiwan, the same China that these very senators allowed to buy up American farmland and land around our own military bases.

The same China that floods our streets with fentanyl, while their partners in Mexico, butcher Americans, at the same border. While these same senators do nothing, while millions of unknown, undocumented people flood over our borders. And have empowered the cartels.

Don't you dare ask me who the traitor is, Senator!

Don't do it.

Where are you on any of these?

Let me ask you, Senator. Let me all of you.

Who is the traitor here?

Is Edward Snowden the traitor that just has to be executed?

Because treason comes with execution. So is he the traitor here?

Is he the biggest traitor? That happened 15 years ago. Your technology on spying, and corruption, is far beyond anything he ever said!

Is he the traitor? Or is Senator, let me ask you, the president.

President Joe Biden, is he the traitor for taking millions of dollars from our enemy!

Is his family? Did they commit treason? Or is it the people under your oversight, who knowingly spread false information, to protect that family?

Or is it you, Senator? Are you complicit? Are you corrupt, or are you just simply incompetent!

Because it's one of the three. Incompetence. Corruption. Or outright treason. Which is it, Senator. That's what I would like to hear.

Pick one! Because the country is waking up. And the American people are demanding an answer.

And we will get it in the end.

You cannot build this house of lies.

It's already crumbling around. Now would be the time to tell the truth, senator.

Because we're looking for a lot of answers here.

Who was actually executing the duties of the president of the United States, in the last six months?

Maybe the last four years.

I don't know how long. When did you know, Senator? Did you know who was protecting? Who was silencing anyone that was trying to say, maybe we have a problem here? The president is clueless.

By the way, while we're on this topic. Who was responsible for the coup?

To overthrow a president of the United States!

Because that's what it was.

How did that happen?

Who was actually there? Who made that happen? And then selected Harris to be the democratic candidate. Who did that? How did that happen? I'm so interested to know, because none of it is constitutional. And why did, whomever actually came up with the huge list of names for presidential pardons. Include so many of you!

Senators.

So many congressmen, so many people who dared to point the finger my way. Who was in charge of that list. And why are you on those lists?

Is this the reason you're afraid of people that are simply looking for the truth?

Because I want to be crystal clear on what this really is.

I'll continue in 60 seconds.

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Ten-second station ID.
(music)

GLENN: I want to be clear at this point in my rant, of what this is really about. What's really happening in Washington, DC, right now.

This is the Deep State, and all of the corrupt senators, right now, fighting for their survival.

That's all this is.

It is the act of desperate people doing all they can, to stay out of jail. Literally, stay out of jail. You start exposing the corruption in the military-industrial complex.

It goes right to the senators. You start exposing the corruption, and the black ops that are happening in Intel community, it goes right to the senators.

You start exposing what happened next at the DOJ and FBI. It goes right to the senators.

They're all Oversight. Many of them benefited from these things, politically. And in power. They're trying to stay out of jail. This is the ruling class. Democrats and Republicans panicking for the first time in decades, their grip on power is slipping.

Because this president is appointing people in all positions, that are going to go grab it by its roots, and root it out! And show it to the American people. At best, it's -- it's those who have been in bed with the intelligence and military complex.

Who believe at best, that war and American intervention works. Doing all that they can, to keep their secrets and their secret policies, that keep us in these wars, alive.

The problem is: None of their old tricks work. We've had these tricks for over 100 years.

Conspiracy theory. That's a Karl Marx thing. That was used by Woodrow Wilson.

That was used again, by the Soviet Union. And the plants here in the United States.

Call them conspiracy theorists. Discredit them.

Destroy them. You've called us so many names now. We don't believe any of them.

Words don't have any meaning anymore. Your tricks don't work. The smears. The leaks. The media hit jobs.

The fake outrage.

You've played that role too many times. It's a -- no.

It's a Mexican soap opera. A Spanish soap opera. They're so over the top, they're hysterical.

You've played that role too many times.

We know. We know the system is corrupt. We know the game is rigged. And we know there is no moral high ground left for you to stand on.

WEF'S Terrifying Plan to Revive the Great Reset EXPOSED | Ep 409
TV

WEF'S Terrifying Plan to Revive the Great Reset EXPOSED | Ep 409

“By 2030, you will not recognize life on this planet,” Glenn Beck foretells in this episode of Glenn TV. We are at the precipice of a new form of intelligence — but not in human form. There’s a global arms race to find out who will be the first to create artificial general intelligence and then superintelligence. It’s no longer a matter of if it will happen but when and who will pull it off first. The wolves are at the gates. China just unveiled DeepSeek, an AI chatbot that claims it’s on the same level as ChatGPT. Glenn downloaded the Chinese app so you don’t have to, but what he found was dystopian. The other wolf at the gate is the World Economic Forum, which just held its annual gathering in Davos. While this audience helped crush Klaus Schwab’s dreams of a Great Reset and a weaponized ESG system, the WEF elites have a new sinister agenda called the “Collaboration for the Intelligent Age.” Glenn reveals what’s in their plans in their own words. But can the U.S. afford to stay out of the intelligence race while globalist elites plot ahead? Trump put our enemies on notice when he announced the Stargate Project, which got a $500 billion investment in AI infrastructure from Oracle, SoftBank, and OpenAI. This could be the Manhattan Project of our generation, but can we trust the tech titans suddenly flocking to Trump? Big Tech veteran and Brownstone Research CEO Jeff Brown tells Glenn, “No ... they are still actively censoring political content.”

BlazeTV subscribers get exclusive access to Jeff Brown’s entire interview available now at https://get.blazetv.com/glenn/.