RADIOMarch 08, 2022

EXPLAINED: How gas prices affect EVERY part of your life

A new survey shows 85 percent of American small business owners are concerned about inflation. And now it’s not just inflation Americans must worry about; the cost of oil is skyrocketing too, with gas prices reaching nearly seven dollars in California. In this clip, Glenn explains how those prices can affect your life (and businesses) in ways far beyond filling up your car: 'If you think the supply chain is bad now, how are these truckers going to move goods if they can’t afford the gas?' Plus, Glenn shares statistics that show just how much Americans financially are struggling today…

Transcript

Below is a rush transcript that may contain errors

GLENN: All righty. So let me just go over a couple of things. MetLife and the chamber of commerce has a small business index survey.

And they conducted it in late January. And they found that 85 percent of small business owners, say they're concerned about the effects of inflation on their business.

Up from 74 percent just before the holiday. Almost half of small business owners, 44 percent, say they're very concerned about their higher prices.

Remember, this was in January.

I think things are probably a little worse right now.

Don't you think?

STU: Uh-huh.

GLENN: It's one of those things.

You know, I read the diary of a guy, in Germany. It's fascinating. I'm trying to remember the name of it.

It's fascinating. And during the Weimar Republic. When inflation hit. And hyperinflation.

He said, last week, we didn't know what the word hyperinflation even meant.

This week, it's all anyone is talking about.

That's how fast things -- things happen.

Anyway, 76 percent said, they are finding it difficult to manage higher costs because of inflation. Consumer prices rose 7.5 in 12 months. And in January.

Fastest pace of inflation in four decades. Inflation is not only growing to soaring highs. But it's also increased at a rapid pace. Less than a year ago when the chamber of commerce conducted the same survey, only 16 percent of small business owners, cited inflation has a big concern.

Think of that. Sixteen percent. Now it's 76 percent very concerned. Forty-one percent of owners said they had to downsize by decreasing staff, in order to cope.

More than a quarter of the small business owners surveyed, said the supply chain problems are their biggest concern. While slightly fewer, 24 percent, pointed to COVID-19, as their top trepidation.

Both of these were dwarfed by the 33 percent who said inflation was the biggest concern. Majority of small businesses, 63 percent, said the supply chain had been disrupted by the pandemic.

The problem is, I have a trucker in the family. And the problem is, they can't afford to move the goods.

They're not really getting any money. And increase for the gas, that is really handling all of this.

So these truckers. I mean, how are they going to -- you think the supply chain is bad now. How are these truckers going to be able to do something, if they can't afford the gas?

Think about how much that gas is costing you.

I would love to hear from a trucker.

What does it cost to fill your bank?

I have another question. Those really big barrel things, around the exhaust pipes?

Are those mufflers, on each side of the door?

Those big, huge round -- are those mufflers. I drove by one. I don't know what those are.

I wonder what that is. Anyway, how much does it cost to fill a truck?

Can you even imagine?

And you can't eat that.

STU: Everything -- every single product, obviously, that you utilize, on a daily basis.

Think about just like Uber. Think about the people who get around in Uber all the time.

They obviously will have to jack these prices up. I think they're probably doing it already.

GLENN: But you don't even understand.

You know, think of any medication that you take, that is in a capsule, okay?

Not in a tablet. But a capsule.

That capsule is made from petroleum products.

Everything.

People are not thinking about the natural gas. We're just going to shut down the natural gas pipelines.

Oh, are we?

You know what makes fertilizer?

Natural gas.

So natural gas, having a shortage of natural gas, means you're not having the fertilizer, that you -- you always have. You can't make the fertilizer in the amounts that we need.

So we're buying most of it, already, from Russia, and China.

You think that's going to go well?

How much is it going to cost to get things from China?

If oil is $185 a barrel? How much? How much?

Right now, in California, they are paying $6.95 for regular. For regular.

STU: Hmm.

GLENN: How is that going to impact the people of California?

I mean, the people of California. I mean, you guys have to get out of there. You're so screwed. You're so screwed.

They just passed this thing, where you can't build anymore single family housing.

And they're rezoning things. So you can have multi-family housing in these areas that were zoned forever for single family housing.

You know, when you think about the zoning, you know, you might want to think hmm. If there are four people to a house. Or four families to a house. Instead of one family to a house. How many cars have to be parked on the street?

How many cars are now going to be on that small, little street, just driving?

Gee. Are the schools prepared, for four times as many children?

Is there a food desert? Because there would probably be one now, with four times the people living in this area.

Nobody is thinking about, you can't make one small change, and expect everything to fall into place.

All of this, has been designed, for reasons.

And these -- these Marxists are coming in here, thinking, oh, well. We can -- honestly, it's let's ban Russian oil.

I'm all for it. If we open up our oil. And not our oil reserve.

Not our strategic oil reserve.

Our -- start pumping it.

Open up your pipelines. Start pumping the -- the natural gas again.

It -- guys, if we don't have natural gas, we don't have fertilizer. If we don't have fertilizer, we get half the food, we need, just to fill our own tables with food.

Anyway, you know, the fed keeps saying, oh. No, no, no, no.

You know, it's really -- it's really great. I mean, the median -- the savings. People have more in their savings now, than ever before.

Does that feel right to you?

Do you know people who are like, I have so much in savings. I don't really care.

Right? Does that feel right to you?

I hear that all the time. Well, it's true.

If you look at the total, do Americans -- do just Americans have more in their savings account?

STU: You mean like everyone in the country combined.

GLENN: Everyone in the country combined.

The answer is, yes.

But if you look at the median, no. No. No. Not so true.

Uh-uh. No. Uh-uh.

Median all houses. If you are in the lowest 20 percent, you have zero.

If you are in the second 20 percent, you have $860. If you're in the middle 20 percent, you might be able to scrape up a median, all households, $12,330.

I think that's pretty great. I don't know a lot of people that have $12,330. Do you have that in the bank account?

When you were a median income person, that's a lot of money to have.

STU: Good little nest egg there. It could be getting to certainly an emergency plan, right?

GLENN: Yeah. Top 10 percent. Top 10 percent has $48,100. Wow.

STU: Top 10 percent of earners.

GLENN: Top 1 percent has 1,627,820.

So anybody -- if you are living in the bottom 50 percent, you got nothing. You got nothing.

Top 50 percent. You got something, at the bottom of the top 50.

And you got a lot, if you're in the top one.

STU: This is just cash on hand? This is not like equity on your home, per se. Or is it?

GLENN: Median income. Averages and medians, in the group.

Shows volunteer, average --

STU: I don't know why I'm asking you this question.

GLENN: Yeah. I have absolutely no idea. I don't like into these things.

STU: This is my job to look into these things. And I have to do that. Apparently not.

That's a fascinating thing. This is -- this type of stuff they bring up all the time on the left. This is income inequality. That's the problem. If we just had more equal incomes and higher tax rates, all these problems would be solved. Now, that doesn't make any sense, when you actually break the numbers down.

But this is their case for it. The thing with the maximum amount of savings, that I keep hearing. The government flooded the market with so much money, that many business -- people who worked at businesses, were able to -- you know, in a time that was scary. They were able to put some of this money away. Didn't take trips. Didn't take vacations. Didn't buy high ticket items for a while. Now that things are opening up. They're flooding the market for these high ticket items. That were not being produced in 2020.

And so now, as you always say, too many dollars chasing too few goods. And we're getting to that point where that inflation is hitting really hard. At some point, in the near future, of course, Glenn, because this is transitory, they are going to be able to ramp up production, and meet that demand. And these problems are supposedly going to go away.

GLENN: Yeah.

STU: Look at -- look at the energy prices. Look at what's going on with Ukraine and Russia. And how that will affect the global economy. God forbid too that China gets involved in Taiwan. And the same sorts of restrictions.

We really cannot afford to put those restrictions on China. It would ruin the global economy.

Not to mention, our own specifically --

GLENN: Let's just say, they don't take Taiwan. Let's just say, they decide to take a hard line, because they're now blaming us for Ukraine. They're saying, we did it.

And in some regard, you might say, we didn't. But the Biden administration did. And the Biden administration -- or Biden family, along with the Obama administration, probably played a role in this.

However, it's Russia that invaded. Not the United States.

But China is now blaming us. And they are blaming us, internally. Not just externally. Internally. They're saying all of this is going on because of the United States.

So what happens to our supply lines?

What happens to our oil?

If we've decided not to open up oil here, instead, we said Venezuela. Who is, by the way, a -- an in-bed partner with Russia. And Iran, who, by the way, is a partner with Russia and China.

What happens when we're asking all these countries to help us, and they decide, you know what, there's an axis power here.

STU: Right.

I keep thinking about this too. There are so many questions that are open. Think of Russia right now. Who we are -- we are on television, saying, yeah. Boeing can give jets to Ukraine. To go and, you know, do all sorts of things in Ukraine, to protect them. Which, of course, we all want that to happen.

And we will backfill their Air Force. So essentially, we're the ones giving these jets to Ukraine.

We are saying -- we are -- there's published reports all over the place. Of all of these missiles and air defense units. And all the things. Stingers. And javelins. All the things we're giving to Ukraine.

We're saying it. Think about what would happen if Russia were doing the same, when we were going into Iraq.

Right? If they were saying, yeah. By the way, we're sending these weapons.

We're outwardly doing it. And those are the things killing your soldiers. How would we react to that? Not well.

Not well.

And at some point, Russia, especially if they get a really strong resistance for a long period of time, in Ukraine.

Is going to take action against us, whether it's through cyber attacks, or through some other form of economic manipulation.

I don't think they're going to start launching missiles at our cities. At least, not yet.

But there are plenty of things they can do, and given us a taste of it already.

That they can do kind of under the table. Without their hands under it. And affect our lives in real ways.

You think they're ready for a legitimate cyber attack in Russia? Do you think we are prepared for that in any way? How confident are you in our defenses on that?

And our resilience to that?

GLENN: Not at all. Not at all.

STU: Not at all.

GLENN: Not at all. Yeah. I don't think America -- you know, I was trying to explain war to the kids.

Made them cry all weekend.

But tried to explain war to the kid. This is a different war. And this is what Americans need to understand. This is not like the war that all of us have known, if you're my age. Okay?

I'm -- I'm 57, 58. I don't know.

I'm 40.

And -- and, I mean, I remember Vietnam. And I remember it ending.

This isn't even Vietnam. Okay?

What is possible on the horizon here, is World War II, Depression kind of stuff. Okay?

That's what's on the horizon. So please, tell your congressman, and your senators. Hey, shut up about shutting down the Russian oil. Unless it is coupled with opening up our own energy supplies.

I'm all for cutting off Russian oil.

But not if we're taking it from our strategic oil reserves, and then wining and dining Iran, Saudi Arabia, and Venezuela.

That's suicide.

Call your congressman. And your senator. And tell them to start demanding, we open up our own oil supplies.

Has THIS Islamist organization BROKEN state laws for YEARS?!

A new report accuses CAIR Action, the political arm of the Council on American-Islamic Relations, of breaking state laws with its political activism. Glenn Beck reviews this story...

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me go over what is -- what's happening with -- with CAIR.

You know, the Founding Fathers were obsessed over accountability.

Because they knew one thing. You know, they did. They must get suggestions from people on, you know, through tweets. They studied every single system of government.

Every single republic that survived. That didn't survive.

Why didn't it survive?

They studied all forms of government. They were trying to come up with something that could -- could set people free.

And they -- they worked really hard on putting our checks and balances in place, because they knew, once power slips into the shadows. They knew, once power slips into the shadows, once influence becomes unmoored from law, what rises is not a republic.

It's a machine. And that's what you're seeing right now. We're not living in a republic. We're living in a machine.

We -- I think we're staring at one of the largest unregulated political machines operating in the United States ever! Okay.

There have been a couple of groups that are doing sweeping investigations, two watchdog groups. One of them is NCRI and the Intelligent Advocacy Network.

And they have concluded now that the political arm of CAIR, he known as CAIR action, has been operating nationwide with no legal authority, to do the things it has been doing for years now.

They're not allowed to raise money. They've been raising money. Coordinating political campaigns.

Not allowed to do it. Endorsing candidates. Not allowed to do it, they're doing it. Mobilizing voters, shaping policy, functioning as a national advocacy network.

They don't have the legal authority to do any of it. And no one has said anything.

Now, according to the report, CAIR action doesn't just have a paperwork problem.

Investigators found, state by state, that it lacks the license, the registrations. The charitable authorizations, required to legally solicit money.

Excuse me. Or conduct political activity, in any of the 22 states in which it operates. Think of that!

I know how serious this is, because I remember what it took to get the license in each and every state, for Mercury One.

So we could operate. We could raise money. We could do things in those states. It's a lot of work. And if you don't do it, you go to jail. And they find out pretty quickly.

Okay?

22 states, they operate not one, zero legal authorization.

In Washington, DC, the city where CAIR action is incorporated, the department of licensing and consumer protection told investigators, they have no record of CAIR action ever obtaining the basic business license required to solicit funds or to operate.

Imagine how long would you last in business, especially if you were controversial.

How long would you remain in business, if you never had a business license?

You think somebody would figure that out?

In a sooner time than I don't know. A couple of decades!

This report means, that the organization if true, is engaging in unlicensed inner state solicitation.

It has exposed itself to allegations as serious as deceptive solicitation. Wire fraud and false statements to the IRS. These are big things.

And this is not political rhetoric.

Are these phrases written in black and white. In the law.

And by investigators. In California, one of CAIR's most active hubs. The state attorney general has said, the state attorney general of California has said, same pattern here!

The state of California, to say, yep. That's what's happening here.

CAIR action has never registered with California's charitable registry.

Never filed the required CT1 form. And has no authorization whatsoever to request donations. But they've been doing it in California anyway.

Fundraising, selling memberships. Issuing endorsements. Mobilizing voters. All of that has been done by CAIR action. There's no record of any license. Any permission, ever. Going to CAIR. From California. That's according to their attorney general.

Wow!

That's pretty remarkable, huh? How does that happen?

It's not just the coast. It is also happening to the Midwest, the South, the Mountain West. Every state hosting its own CAIR action fundraising page, complete with the donate now and become a member portal, despite no trace of the legal filings required to operate. That's bad!

Now, here's where the stakes rise.

Because CAIR action presents itself openly, as the political arm of CAIR National.

Investigators are now warning that any unauthorized fundraising or political activity.

Could become CAIR's national responsibility as well.

So, in other words, the parent, CAIR itself, might be held responsible.

Meaning, this is want just a rogue subdivision.

This could implicate the entire National Organization of CAIR.

Now, this is happening at the same time it's coming under national scrutiny. It's also Texas.

And I think Florida have designated the group a foreign terrorist organization. Members of Congress are now asking the IRS, the Treasury, the Department of Education to investigate all of its partnerships, all of its financing, all of its influence operations. I mean, I think they're going to be in trouble.

How long have we been saying this?

But every time, I have pointed out anything about CAIR, I have been called an Islamophobe, which shuts everything down. That is a word, developed by people like CAIR, to shut people down, so you'll never look into them.

So what happens next?

First of all, the reports have to hold up.

Regulators now have an obligation. Not a choice. An obligation to act!

State attorneys general in these 22 states, they might pursue fines, injunctions, criminal referrals.

All of them need to take action!

The IRS, needs to take action. Investigate tax exempt fraud. Treasury Department may review foreign influence or money flow violations.

Anything coming from overseas.

Oh, I can't imagine it. They're so buttoned up, right now.

DC regulators may determine whether CAIR actions entire fundraising operation has been unlawful from the beginning.

But here's the deeper question. And it's not bureaucratic. This one is constitutional.

Can the United States tolerate an influence machine, that operates outside of the legal framework, designed to prevent corruption, foreign leverage, and untraceable money?

If I hear one more time, talking about how AIPAC has just got to be investigated. Fine. Investigate.

I'm not against it.

Investigate.

Why aren't you saying anything about CAIR?

It feels like it might be a tool in the hands of a foreign operation.

Why aren't you saying anything about this?

Because here it is! It's not like, hey. I wonder why.

This is it! This is it! This isn't about silencing CAIR. Muslim Americans are -- that are full citizens, they have every right to speak. Every right to vote. Every right to organize. Participate in public life. No question! They can disagree with me, all they want.

But no organization. None! Not mine. Not yours. Not theirs. None. Should operate a nationwide political network, in the shadows and be immune from all of the guardrails that every other group must follow!

That's called a fourth branch of government!

That's how a fourth branch goes.

By the way, CAIR has placed all kinds of people in our Department of Homeland Security. Et cetera, et cetera. This organization has done it!

This is -- you cannot have a fourth branch of government.

They must abide by the laws.

No -- you can't have a branch that nobody elected. Nobody oversees.

Nobody holds accountable.

We talked about this yesterday, on yesterday's podcast. So what needs to happen is total transparency. CAIR action has to release its filings. Its donor structure. Its compliance records, if they exist. Equal enforcement under the law. I don't want them prosecuted in special ways.

Look, if AIPAC is doing the same thing. AIPAC should be prosecuted exactly the same way.
I want it equal. I want constitutional rule.

If conservatives, if Catholics, pro-Israel, environmental, Second Amendment groups, if they have to comply by the state law, so does CAIR action.

And if CAIR action has to do it, so do the Second Amendment groups and environmentalists, and pro-Israel and conservative groups. The law cannot be selective. It can't be!

I don't know how that's controversial in today's world. But somehow or another, they will find a way.

The Feds have to review all of this. If the report is accurate, the IRS and the Treasury have to determine whether false statements or unlicensed interstate solicitations have occurred.

Americans deserve to know what exactly, who is influencing our elections. Who is shaping our policy? Who is raising money in their state?

Especially physical the organization claims political authority, that it doesn't legally possess.

Because history will teach us one unchanging lesson. When a republic stops enforcing its own laws, someone else will always step in to fill that vacuum because power abhors a vacuum!

Unregulated, political power abhors a free people. So while it's about CAIR, it's not about Muslim Americans. It's not about religion.

As always, at least on this program, we try to make it about the rule of law.

One standard for everyone or no standard at all!

And that more than anything, will determine whether or not our institutions remain worthy of the freedom and responsibility that we have entrusted to them.

Glenn Beck WARNS Democrats Will Return with VENGEANCE in 2026 | Glenn TV | Ep 473

America is entering a year of historic upheaval from Charlie Kirk’s assassination and the spiritual shock that followed, to Trump’s tariff revolution, China’s rare-earth war, collapsing energy grids, AI displacement, and the looming fights over Taiwan and Venezuela. Glenn sits down with BlazeTV hosts ‪@deaceshow‬ and ‪@lizwheeler‬ along with his head researcher Jason Buttrill, to break down the biggest stories of 2025. Plus, they each give their most explosive prediction for 2026 that could shape our politics, economy, national security, and civil rights in ways Americans have never experienced before.

Trump Just SHATTERED the “Expert Class” - And the Deep State is in Total Panic

For nearly a century, Washington DC has been ruled by an unelected “expert class” operating as an unconstitutional fourth branch of government — accountable to no one, removable by no president, and shielded from all consequences. Glenn breaks down why Trump’s firing of the Federal Trade Commissioner could finally dismantle the 1935 precedent that empowered technocrats, how Ketanji Brown Jackson exposed the Supreme Court’s embrace of expert rule, and why America cannot survive a government run by people who never face the voters and never pay for their failures.

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So President Donald Trump fired the federal trade commissioner Rebecca Slaughter. Federal Trade Commission is an administrative position. I mean, this is under -- the head of the federal trade commission is a cabinet member.

And if the justices uphold Trump's firing of Slaughter, that will overturn a precedent that was horrible, that was set in 1935. Remember, 1935, we're flirting with fascism. You know, everybody thinks. Because they haven't seen the horrors of fascism yet.

Everybody thinks fascism is neat, blah, blah. So what they do is they say that this is an independent person. And the president can't fire them. Because they're, you know, an independent agency.

Well, wait. That would make a fourth branch of government. Our Constitution is really clear.

There is no such thing as a fourth branch of government. Right?

So that's what they're deciding. Now, here is Ketanji Brown Jackson, who is talking about how we really need to listen to the experts. Cut four.

VOICE: Because presidents have accepted that there could be both an understanding of Congress and the presidency. That it is in the best interest of the American people to have certain kinds of issues, handled by experts. Who, and I think you -- in your colloquy, Justice Kagan, have identified the fact that these boards are not only experts, but they're also nonpartisan. So the -- the seats are actually distributed in such a way, that we are presumably eliminating political influence because we're trying to get to science and data and actual facts, related to how these decisions are made.

And so the real risk, I think, of allowing non- -- of allowing these kinds of decisions to be made by the president, of saying, everybody can just be removed when I come in, is that we will get away from those very important policy considerations.

VOICE: We will get away from US policy considerations, and it will create opportunities for all kinds of problems that Congress and prior presidents wanted to avoid, risks that flow inevitably, just given human nature, the realities of the world that we live in.

GLENN: Okay.

Now, remember, what she's saying here is, we have to have experts.

We have to have experts. We have to have experts that don't really answer to anybody. Okay?

They're appointed. And then they're just there. This from a, quote, judicial expert, who cannot define a woman, because she's not a doctor.
She's not a scientist.

She needs an expert to define a woman.
That's how insane her thinking is. Okay?

Now, I would just like to ask the Supreme Court, when you want things run by experts, do you mean things like the State Department, or the counsel of foreign relations, that have gotten us into these endless war wars for 100 years?

Because these are the things that Woodrow Wilson wanted. He wanted the country run by experts.

Okay. So is it like the Council of Foreign Relations, that keep getting us into these endless wars.

Or is it more like the Fed, that directs our fiscal policy, that has driven us into $38 trillion of at the time. We have all powerful banks. That strangely all belong to the fed. And endless bailouts for those banks. Are those the experts that you're talking about?

Or are you talking about the experts that are doctors, that gave the country sterilizations, lobotomies, transgender surgeries. You know, or should we listen to the experts, like the ones that are now speaking in Illinois, to get us death on demand like Canada has, with their MAID assisted suicide, which is now the third largest killer in Canada. MAID, assisted suicide, third largest killer in Canada. Experts are saying, we now need it here, and they're pushing for it in Illinois. Or should we listen to the experts? And I think many of them are the same experts strangely, that brought us COVID. Yeah. That was an expert thing. They were trying to protect us. Because they need to do this for our protection. So direct from the labs in China with the help of the American experts like Fauci. We almost put the world out.

Should we listen to those guys?

Or the experts that brought us masking, and Home Depot is absolutely safe. But Ace Hardware wants to kill grandma. Which are the experts that we want? That we want to make sure that we have in our lives? That they don't answer, or can't be fired by anybody. Because I'm pretty full up on the experts, myself. I don't know.

But you're right. These experts would keep the president in check, and they would keep Congress in check. And you in check!

And the Supreme Court, which would be really great. You know, and you know who else they would keep in check? The people.

So, wow, it seems like we would just be a nation run by experts, and our Constitution would be out the window, because that's a fourth branch!

And if you don't believe me, that, you know, these experts never pay a price. Can you name a single expert?

Give me a name of an expert, that gave us any of the things that I just told you about.

Give me the name. I mean, give me the name of one of them. Give me the name of one of them that went to jail. Give me the name of one expert that has been discredited.

You know, where your name will be mud in this town. Do you know where that came from?

Your name is going to be mud. It's not M-U-D. It's M-U-D-D, that comes from Dr. Samuel Mudd. Okay? He was a docks man. He was an expert. He was that set John Wilkes Booth' broken leg. He made crutches. He let him stay there for a while. He claimed he didn't know him, but he did know him.

In fact, one of the reasons they proved it.

Is because when he pulled the boots off -- when he pulled both of his boots off, right there, in the back, you couldn't have missed it. It said "John Wilkes Booth."

He's like, I have no idea who he was.

Yeah. Well, you knew him in advance. This was a predetermined outpost where he could stay. It's clear you could know him.

The guy was still discredited, we still use his name today. Your name will be mud in this town.

And we think that it's like dirt, mixed with water kind of mud. No, it's M-U-D-D, Dr. Mudd. The expert that was so discredited, went to jail, paid for his part of the assassination of -- of Lincoln.

Give me the name of one of the experts in the last 100 years, that has brought us any of the trials and the tribulations. The things that have almost brought us to our knees. Give me the name of one of them. Can't!

Because once an expert class, they don't answer to anyone. So they never go to jail.

Wow! Doesn't that sound familiar. People never going to jail!

There's a rant that's going around right now, that I did in 2020. And everybody is like, see. He's talking about Pam Bondi.

No, no. I got to play this for you, a little later on in the program. But I want to get to the experts and what the Constitution actually says about that. Because you don't need my opinion. What you need are the actual facts. So you can stand up and say, yeah. I think Ketanji Brown Jackson is an idiot. Okay?

And she's really not an expert on anything. Especially the Constitution. You need the facts, on what the Founders said. Because the Founders would be absolutely against what they did in 1935.

Because that just -- what does it do?

It just sets up a fourth branch of government.

EXPLAINED: Why the Warner-Netflix/Paramount Merger is DANGEROUS for All of Us

The biggest media merger in modern history is unfolding, and Glenn Beck warns it’s the most dangerous consolidation of power America has faced in decades. With six corporations already controlling 90% of the nation’s news and entertainment, a Warner-Netflix or Warner-Paramount megacorporation would create an unstoppable information cartel. Glenn exposes how “too big to fail” thinking is repeating itself, how global elites and “experts” are tightening their grip, and why handing our entire cultural narrative to a handful of companies is a direct threat to freedom. The hour is late — and the stakes couldn’t be higher.

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, it's never good when you consolidate power. It's never good.

And what is going on now, with this Netflix Warner Brothers paramount stuff, I don't care if Larry Ellison is a conservative or not.

No one should have that much power.

I did a show, gosh, four years ago. I don't even remember when I did it.

We looked it up. In the 1980s. 19 percent of American media was owned by over 50 companies.

Forty years later, 90 percent of the media is watched and controlled by six companies.

National Amusements, the Red Stone Family controls CBS, CMT, MTV, Nickelodeon, gaming and internet. Simon & Schuster Books. That's all one.

Disney, ABC, ESPN, History Channel, Marvel, Star Wars, video games and print.

TimeWarner controls CNN, Warner Brothers, HBO, Turner, video games, internet, and print media like TIME. Comcast, MSNBC, NBC.

CNBC, Telemundo, the Internet.

New Corp. Fox. National Geographic. Ton of others. Sony, with a ton of movies, music and more. The big six. They're valued at nearly $500 billion.

Now, this is something I put together five years ago. So I don't even know. This is probably not even valid even today.

And now we're talking about Netflix, Warner Brothers. Paramount, into all of these one giant corporation. It's wrong! It's wrong!

We can't keep putting all -- everything into the hands of just a few! It's what's killing us!

We've got to spread this around. We can't -- the government cannot okay mergers like this.

They're big enough he has

What happened -- what happened when the banks went under, or almost went under in '08. What did they say the problem was?

They said the banks are too big to fail.

Too big to fail.

Because they were providing all of the services, everybody needs. All the time. And there's only a handful of them.

So if they fall, then everything falls.

Right?

That was the problem. So what did we do to fix it?

We made them bigger!

We let them merge with other banks, and gobble up other things!

And started taking on the local banks.

And so now, your banks that were too big to fail. Are now even bigger. And their failure would be even worse!

What is wrong with us?

Seriously, we're not this stupid.

We're not this stupid.

I think we're just this comfortable.

We just think the experts have a plan. No. The experts don't have a plan.

Their plan is stupid. Their plan is to make it bigger.

Every time it fails. Make it bigger. Push it up.

Make it more global.

No. Haven't you seen what the entire world is like?

The entire world is over-leveraged. The entire world is on the edge.

The entire world is being redesigned.
So what do we do? We don't allow them to make things bigger! We need to start taking more individual and local control of things. They're making it bigger. Which will make the problem bigger. And make the problem so big, you won't be able to do anything about it, because all the experts. All of the heads. They'll all -- there will be six of them. And they will all be sitting in one room.

And they will all be making the instigations. And with them, making those decisions will be all the heads of all the countries around the world, that you're not going to have a say in any of that. They're already trying to do it with the WEF.

But if -- if the Supreme Court says, no, experts matter. And the president can't fire them. You will not have any control over anything!

We're at this place, where we can back out. We can turn around.

We can do it.

It's not too late. But the hour is growing very late.

I don't know about you, I don't like being this.

Up to the edge, you know what I mean?

I would rather have lots of breathing room, between me and the edge of the cliff.

But we don't have that anymore.

Everything has to be done right.

And we have to pay attention.

And the worst thing we can do is make things bigger.

Dream big, think small.