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EXPLAINED: Our 8.5% inflation actually is MUCH HIGHER

America’s inflation just hit 8.5% — the highest it’s risen since 1981. At least…that’s what the media, the Biden administration, and the Federal Reserve SAYS. But if you calculate inflation the same way economists and politicians did in the 1980s (which the website ShadowStats has already done), our rate today is closer to 17.15 PERCENT! Carol Roth, financial expert and author of ‘The War On Small Business’ joins Glenn to explain the TRUE state of our current economy…

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth, the author of the war on small business. She calls herself a recovering investment banker. She is somebody who is trying to look out for the little guy and can explain what's happening to the little guy in normal terms, which is my biggest frustration, when you watch anything that knows anything about the economy. Carol, welcome.

CAROL: Thanks, Glenn. I have some bad news. I'm sort of processing it right now. But I don't think we're going to save the 16 cents on our Fourth of July barbecue this year. It's sort of becoming very clear to me. And I'm just trying to process it all.

GLENN: Wow. Wow. Believe me, I think that's going to be trending on Twitter, on July 4th, on how much everyone is spending. Let me start here. 8.5 percent.

CAROL: Yes.

GLENN: In 1980, the highest -- the highest inflation rate was 14.6. And we had 20 percent mortgage rates. 2022, according to Shadow Stats, which is calculating the way we calculated inflation in 1980, our inflation rate is 17.1 percent. And our -- our mortgage -- I mean, our lending rates are now .5 percent to the banks. That seems a little crazy.

CAROL: Yeah. It seems like a little bit of a mismatch of policy. Obviously, a lot to unpack here. But this is why people are so angry with the Federal Reserve. They have been on the forefront of causing this issue. By artificially suppressing interest rates. And printing trillions of dollars that has in part caused this inflation. And then, you know, they were buying securities putting them on their balance sheet, part of what suppresses interest rates, up until last month. Then all of a sudden, they got the wake-up call. Going, oh, boy. Inflation is pretty high. Even though it's been trending at incredible levels for well over a year. And, you know, now all of a sudden, we have to do something. And they're still not doing it fast enough. But the rub on all of us. It's very hard for them to do anything, without putting us into a recession. So they're caught between a rock and a hard place.

GLENN: Yeah. I remember saying this, kind of at a place where there are no good options, and they're out of bullets.

CAROL: Right.

GLENN: All right. Let's go back to the stats of 8.5 percent. This is so misleading, because they'll say it's the highest in 40 years. Meaning, it was worse under Jimmy Carter. But I contend, it's not worse in the 1970s and '80s. It's worse now by far. Because we're at the beginning of this.

Can you explain shadow stats, and what you understand? Is this incredible, for you to say, let me look, and calculate it the way you used to?

CAROL: Sure. So to be fair, I've looked at shadow status. I have not gone through. It would take lots of modeling power. To go back and replicate it. But basically what they've done, they've said, there have been a lot of shifts here, both in the '80s and '90s, in terms of the way government calculates inflation, and this should be of no surprise to anyone. They want to keep the headline inflation number down. Because it means --

GLENN: Also. Also, though -- also, though -- isn't Social Security increases based on CPI?

CAROL: You just read my mind. This is exactly where I was going with this. No. This is good. We're always simpatico on these things, Glenn. So the reason why they want to keep the headline number down is because it allows them to print more money, it keeps you from panicking. But like you said, there are a lot of things. The numbers of inflation, feed into, like you said, Social Security and other programs that have cost of living adjustments. So this is another way for the government to continue to cheat. So what Shadow Stats has done is they said, well, let's go back to the best approximation we can make of what happened before the '90s boundaries. Before the '80s changes and let's calculate it. And if they look at the rate, it's about double of what is being reported. And you can just look at some of the key categories. Things like rent and hotels and what not. On what they are reporting. And go, yeah. That makes sense you and I can go to the grocery store. We can try to shelter and feed our families. And try to get gas. You understand that it's not just 8.5 percent inflation. So this is trying to give you the apples to apples comparison. And by my estimation, it seems it's in the ballpark.

GLENN: Yeah. Which is 17.1 inflation rate this month. In 1980, it was 14.6. That was the top of it. Are we top of this?

CAROL: Well, that's a great question. Today, we got a number. There are different measures of inflation. The CPI is sort of a consumer survey, one that's used. Today we got something called the producer pricing index. A member of wholesale inflation.

GLENN: So this shows us what may be come our way. Because these are the raw materials it takes to make things that we eventually buy?

CAROL: Yes. This is the inflation and the inputs to the goods and services. And it is a lagging indicator. Because you obviously have to have that inflation number. Know what that is. But they haven't gone into that finished price, that has gone to the consumer. What the consumer is paying as. So this ends up meaning, what we're seeing today, is going to impact, what we're going to see going forward. Obviously, the gas prices are moving around. So it's going to be a different headline versus looking at core inflation, which strips out food and energy prices. But given the fact that at the producer level, today we got a number that is the highest level on record, Glenn. The highest level. 11.2 percent, at the wholesale level. That's 11.2 percent increase, which, again, is probably understated, that is going to flow through goods and services, that we're going to see in the coming months.

GLENN: That's the current -- did they ever change this calculation ever?

CAROL: Of course, they changed the name of the whole index. We're going to have a new name. We're going to brand it. It's going to be great. So, of course, it will change.

GLENN: This is the highest number, even with all the changes. This is the highest number ever recorded?

CAROL: So based on this current index, this is the highest number ever recorded.

GLENN: Holy cow.

CAROL: Yeah. It was staggering. 11.2 percent.

GLENN: Okay. So why is this -- I would think this is a leading indicator. Because if the prices to produce things are more expensive today, at 11 percent more expensive. That means, it's showing me, when it finally gets a finished product, you're going to be paying at least 11 percent more, right?

CAROL: Yeah. We're saying the same thing in a different way. What I'm saying, it lags, what shows up in the CPI numbers. You have not seen it yet. Because it hasn't hid it yet. So we're both saying the same thing, with just slightly different words here.

GLENN: Got it.

So what -- what -- what -- what can be done here?

CAROL: You know, it's a really good question. Obviously a lot of people are looking to the Federal Reserve, to get us out of this, with monetary policy. The challenges, I don't think they can do that without causing a recession, and major carnage in the economy. Because at this point, all the things that have led to this -- the monetary policy. The fiscal policy. The disruption. In the supply chain. It's created this systemic supply and balances. Monetary policy can quell our demand. It can make us go, oh, we're not going to get a mortgage because it's at 6 percent. Or we're not going to spend as much at the store. But how does it fix the fact that we have 1.8 jobs available for every worker? How does it fix the fact that we have four to 5 million homes, that are underbuilt at this point in time? How does it fix the fact that we have underinvested in energy, and health care infrastructure.

So it's -- you know, the things that they would have to do to make those changes, there's a huge advertise connect. And as I said, I think it would be really ugly for the economy. So, you know, this could -- it will probably at some point, come down on a headline basis. But that's the growth rate. It does not mean that we won't have elevated inflation. And continued pain for a very long time.

GLENN: Correct. So when we look at things like what's happening over in shanghai. Where they shut everything down. And where is that story? China has stranded 30 million truckers. 30 million truckers in China are now stuck at home.

What is this going to mean? This impact. We felt it last time, that China shut down. But we shut down as well. This time, we're not shutting down. What is that impact going to mean to us?

CAROL: Yeah. Well, obviously it's not a good thing. For the companies that are still depending on China. I think internally, China, it's a huge issue. Because they are a net importer of not only energy, but food. And so what does that mean in terms of the potential for some of those people to have pretty substantial food security or starvation. If they don't get things going again. And certainly as we know, the reverberations about all these decisions around the world, could lead to other issues. Social unrest and what not. And we're all connected. And even though we'll be in a better position. It doesn't mean it won't have real impacts. And as we know, any time something has an impact here in America.

Who feels it? Is it the elite? Is it the wealthy? Is it the well-connected? Of course not. They'll find a way to insulate themselves. It's going to be the average American. It's going to be the Main Street business. It's going to be the back bone of this country and this economy that bears the brunt of this.

GLENN: Back with Carol Roth here in just a second. First, let me tell you about our sponsor this half-hour.

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Switch now to PatriotMobile.com/Beck. If you call 972PATRIOT. You can also get the activation. And you get free activation, by the way, if you use the offer code Beck. That's PatriotMobile.com/Beck. Ten-second station ID
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So there was another story I read today. Global renewable power prices soar on heavy demand. That contract prices for renewables in North America have gone up 28.5 percent, and 27.5 percent in Europe. That's just in the last 12 months.

Gee, why would that be, Carol?

CAROL: Well, this is what's called supply and demand, Glenn.

We have underinvested in all kinds of different economies. It's not just energy. But it's all different kinds of commodity components. Things that are required for decarbonization. And this huge push has led to increased demand. And when you don't have enough supply to meet that demand, what happens, but the prices go up. So you think about something like copper. You know, it's one of the biggest inputs into energy. And so if you're going to have something that is electricity based. You're going to need copper. There are a whole slew of other materials from aluminum and lithium and what not. That are used in these sort of green, friendly products. And again, we have not seen enough investment in order to fulfill these crazy wishes that the folks were pushing decarbonization, wants to fulfill.

GLENN: By the way, you can ask Carol for answers on anything.

You know, I -- I said yesterday, that, you know, I've always felt like I was here to warn what's coming over the horizon. But I also think that it is to empower you. And information is empowering. And to encourage you. And that means, you know, to just keep doing the things that you know are right. Do the next right thing. But also, to give you some answers on some things. So we've put up at GlennBeck.com/questions.

I think that's what it is, right? Is it -- what? Contact. GlennBeck.com/contact. You go there, and you can ask Carol a question, and if she can, she will answer it. Do we have time for one question? Concerning the economy for Carol Roth, we don't feel like we can trust our money to be in big banks. But we also know the dollar stands to lose most of its value. So keeping it in cash is also useless. What is the best course for us to invest and convert our money to, so we'll have something if things change to digital?

CAROL: Okay. So this is the normal caveat. This is not financial advice in legal aspect of it. This is just for your own information and additional research.

Okay. So the first thing I want to make sure is that you take care of your near-term and emergency expenses. Because we do see prices going up. If something goes sideways, you do want to make sure you have enough cash on hand, to be able to handle that. But outside of that, you don't want your cash sitting in the bank, because it's going to lose value. You have to be looking at hard assets. Some of the things to consider is housing. Now, obviously, as we know, the fed is increasing those mortgage rates. So that is going to have some impact on housing in the near-term. But in the long-term, we're underbuilt, four to five plus million homes, depending on who you last from the last decade. Plus, given the prices and what's happened over the last couple of years. We haven't seen that same bump in building. So I think that imbalance is something you want to be thinking about.

Also, having some exposure to tangible commodities. To gold. To silver. To, you know, investments in other commodities. Again, we've seen run-up in those. But if you're thinking as a long-term hedge, against inflation. It's something for you to consider.

GLENN: Please don't. This is just my opinion. Please stay away from paper stuff.

CAROL: Correct. This is physical -- especially on the gold and silver standpoint, you want to actually have the physical gold, yes. Exactly.

And then on the stong side, obviously with the Federal Reserve raising rates. There's going to be some choppiness. Some volatility in the market. If you're not 50, the S&P 500 gives you that broad diversification. If you're looking to pick stocks, you'll look for ones with inelastic demand. That means they're able to raise their prices to customers, and customers will continue to pay that. You're going to want to look at ones with strong balance sheets that can weather whatever is ahead. And probably ones with extra cash to do share buybacks. That is going to help with the earnings per share.

GLENN: Thirty seconds. Give me the last one.

CAROL: Yes. In terms of the central bank currency, that will come down potentially to bartering. If things go sideways. Think of things that will be a valuable barter commodity as well.

GLENN: If that happens, just hold on -- just brace for impact. If that happens. We have a whole bunch of problems. Carol, thank you so much.

CAROL: God bless. Thank you for having me.

GLENN: It's GlennBeck.com/contact. We'll have Carol back to answer some more of those questions.

RADIO

SHOCK POLL: The % of Young People Who Support SOCIALISM is Insane

New polling reveals a shocking truth: young Americans aren’t just open to socialism... they overwhelmingly want a socialist president in 2028. Glenn Beck and Justin Haskins break down five alarming surveys showing massive ideological shifts among voters ages 18-39, including young Republicans. Why is socialism exploding in popularity, and what does this mean for the future of America? Are we on the brink of a political transformation or potentially even a national crisis?

Watch This FULL Episode of 'Glenn TV' HERE

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Property Taxes are OUT OF CONTROL - And Here's Why! | Guest: Texas Gov. Greg Abbott

Texas Governor Greg Abbott joins Glenn Beck to expose why Texans are being crushed by skyrocketing property taxes — and how local governments, not the state, keep driving homeowners deeper into financial distress. Gov. Abbott breaks down his five-point plan to impose strict spending limits, force voter approval for tax hikes, reform out-of-control appraisals, empower citizens to slash taxes themselves, and eliminate school district property taxes for homeowners altogether. Glenn argues that property tax is morally wrong because it prevents Texans from ever truly owning their land, and Abbott lays out his strategy to fight both parties in the legislature to finally deliver lasting relief.

RADIO

Joe Rogan & Glenn AGREE: We just got CLOSER to civil war

Joe Rogan recently warned that we may have gotten to Step 7 of 9 in the lead-up to civil war. Glenn reviews the 9 Steps and explains why he believes Rogan nailed this one. But Glenn also lays out what Americans MUST do to reverse this trend...

Transcript

Below is a rush transcript that may contain errors

GLENN: So if you take what Fetterman said yesterday about how people are cheering for him to die on the left, and then you couple it with something that was on the Joe Rogan show on Tuesday. He was saying that the reaction to the death of Charlie Kirk makes him think that the US is closer to Civil War than -- than he thought.

Now, let me quote him. He said, after the Charlie Kirk thing. I'm like, oh, my.

We might be at seven. This might be he step seven on the way to a bona fide Civil War. Charlie Kirk gets shot, and people are celebrating.

Like, whoa. Whoa. Whoa.

You want people to die that you disagree with?

Where are we now on the scale of Civil War?

Well, let me go over the scale of Civil War, because it's sobering.

Now, none of this has to be true. If we wake up and decide, I don't want to do this anymore!

Okay?

Here's step one.

Step one. Loss of civic trust.

Every civil conflict begins when people stop believing that the system is fair. Are we there?

We're so far -- we're so far past the doorway, we are comfortably asleep on the couch on this one. Gallup and Pew both show trust in Congress, the media courts, and the FBI government are now at record lows.

The Edelman Trust Barometer classifies the US now as severely polarized. Majority of Republicans distrust federal elections. Majority of Democrats don't trust the Supreme Court.

Americans are really united on one thing, and that is the other side is corrupt!

When faith in the rules collapses, the republic begins to wobble. But that's step one. Step two, polarization hardens into identity!

Political disagreement is normal!

Identity conflict is fatal!


But that's what Marxists push. Identity politics. This is when politics stopped being about policy, and started being about who you are as a person.

Have we crossed this one into step two?

I mean, we're neck deep into this. A study on this, from PRRI.

It's a survey, found 23 percent of Americans believe political violence may be necessary to save the that I guess.

I think that's an old study. Americans now sort themselves by ZIP code into ideological enclaves. The big sort: Universities, activists, corporations. Everybody is promoting oppressor versus oppressed.

And that -- does what?

It puts us into incompatible tribes. Opponents aren't wrong anymore. The opponent is dangerous!

If I go back and you look at civil wars, Lebanon, before 1975. Yugoslavia, before 1991. That's -- we're doing that. Okay?

Step three. Breakdown of the gatekeepers. The gatekeepers are kind of like the referees of society. It's the media, political parties, churches, civic leaders.

When they fail, extremism fills the vacuum. Okay. Where are we on this? Have our gatekeepers failed us?

Yeah. I think both parties, especially the left, you know, everything I predicted that the left was going to be eaten by the extreme left, and then the communists and the socialists is now happening.

They've lost control of the fringe of each party. Media transformed, you know, from referees into team coaches. Tech platforms. It's outrage for profit. Universities are not there to cool things down. They heat them up.

Churches. Churches are useless. Useless.

When the referees leave the field, the game devolves into a brawl. And the refs are gone off the field. So there are only nine steps. We're at step four. Here's step four.

Are you ready for this one?

Parallel information realities.

Civil wars don't require different opinions. They require different realities.

I remember reading about Germany, at the beginning of, you know, the Nazi era. How the two new newspapers. One was propaganda for the government.

And the other one, it was the last one that was kind of the holdout.

And they said, you could read them, and they would cover the same thing.

But they had almost no information was the same. Except, that happened yesterday.

Here's what they said. And then everything else was different. That's exactly -- I mean, step four is complete!

We can't agree on facts, right?

Crime rates. Border numbers. Inflation. Election security.

Two Americans can watch the same video. And see opposite truths.

Social media algorithms are creating customized political universes.

Digital echo chambers. Deepfakes. We're just at the beginning of that. And both sides accuse the other of running disinformation machines.

Why? Because we don't have a shared reality. So if you don't have a shared reality. How do you settle any dispute?

On the nine steps, we're up to number five. Coming in at number five.

Loss of neutral rule of law.

This out of the nine steps with, five is the pivot point.

It's not corruption, it's the belief that the law is no longer neutral.

Are we there yet?

Let me tell you the CBS you.gov poll. 67 percent say the justice system is used for political purposes.

I think that's low. January 6 defendants given years in prison, 2020 rioters were released. High profile political figures, prosecuted or shielded based on party.

FBI whistle-blowers alleging pressure to inflate domestic extremism numbers. States like Texas, directly defying federal directives, on border enforcement.

And now, leading the way, with the federal government.

History is really cold and unforgiving on this point.

Once the people believe justice is political! Remember, this is the turning point.

The republic stands on borrowed time. Once you no longer believe that justice is achievable. Step six.

Are we there?

I think we are.

Step six. Normalization of political violence!

This is where violence stops shocking the system. Are we there?

Remember, where violence stops shocking the system. Look at evidence just from Virginia. What they just voted for.

He was calling for the death of a -- a political opposition.

Calling for his children to be killed.

Was called on it, never apologized.

Never said anything other than, yeah. I know. He dug it deeper.

Was anyone shocked by it? Apparently not. They elected him. Here's the evidence. 2020 riots.
574 events. $2 billion in damage. Was anybody outraged by that? Or was it downplayed and excused?
Assassination attempts. Assassination attempts against the president. Supreme Court justice.

Fistfights. And mob actions on college campuses. To silence speakers. Rising to do for punching a fascist or stopping genocide. Depending on the ideology. Online chatter discussing Civil War, national divorce, and revolution.

When violence becomes part of the political language, a nation crosses an invisible line. We're now up to step seven out of nine.

This is where Joe Rogan said, are we at step seven?

The rise of militias and parallel forces.

When a state loses he is monopoly on force.

Countdown accelerates. So where are we on this one?

I think we're seeing, maybe early signs of this.

You're starting to see the -- the states kind of organize these mobs, you know, to go after ICE.

Right?

Armed groups, right-wing, left-wing radical secessionists. Anyone.

Once they start forming their own police forces. Or their own option forces, then you have -- then you have everything really falling apart.

Entirely!

I don't think we're there, yet!

But we're starting to see the beginnings of this.

Step eight. The trigger event.

Civil Wars don't begin with a plan. They begin with a spark.

So where are we?

We're not here yet. The conditions are right. Potential triggers, disputed election in '26 or '28.

Political assassination or major attack.

Supreme Court decision that ignites mass unrest.

Financial crisis or dollar crisis.

A state federal standoff turning violent!

Nothing is ignited yet, but the room is soaked in gasoline. So we don't have seven. We're on the verge of eight, at any time. And here's nine.

This is the point of no return.

When police, military, or federal agencies split, even if no one calls it that, well, where are we?

Well, I just read a story about how with the Mamdani election in New York, a good number of the police force is going to leave. And they're going to go join police forces elsewhere. You also have the tension between the state National Guard, and the federal directives, the state guard and the state directives. Law enforcement recruitment is at crisis lows. The distrust of the FBI, DOJ, CIA. Tens of millions of Americans. I always really respected those institutions. I have no respect for them now. If you have states openly defying federal rules on immigration, drug laws, sanctuary policies.
Whistle-blower claims of internal politicization.

All of these things are in play for the first time in 150 years, people can imagine!

So I give this to you, not to be fearful of, but to know where you are. As a map!

Know where you are.

And hopefully, it might wake some people up, if you chart America on, on the nine step model of Civil War. Steps one through four, completed!

Step five, happening!

Step six, happening! Step seven, beginning! Step eight, just waiting for it. And step nine, avoidable, only if step eight, never happens. Again, I'm not telling you for doom purposes, this is diagnosis. This is a doctor going, I want you to look at the chart.

And this is a doctor saying, I want you to look at -- do you see what's happening to your body?

If you don't stop this habit, you are going to die. You don't have to die. You can stop smoking and drinking right now. You can start exercising. But if you don't, you are going to die.

The question is, are we the nation that says, nah, that's not going to happen to me. Or are we the nation that wakes up and sees our chart and says, good heavens, it's way far more gone than I thought it was. But I feel something in the air.

I'm going to change my behavior. The nation that refuses to look and wake up and stop calling their neighbors enemies, is the nation that fails!

We have to strengthen these things that have already fallen. And, you know what, the easiest one to do is?

Church. Where are you ministers and pastors priests and rabbis?

Where the hell are you?

I think there's going to be a special section for you, when you cross over to the -- because you're doing things in the name of God!

So when you get to the other side, I think there's going to be a special section for those who remained silent. While his rights were being taken away.

You don't own that right.

I don't own that right.

The Lord gave us those rights, and said, protect them!

By you, being the representative, the voice box, if you will, of the Lord, to shepherd his people. By you not standing up and saying, hey, by the way, we have -- we have a moral responsibility to protect these rights for the next generation! By you refusing because you're afraid. Because I think, there's no politics in the Bible! There's no politics in the Bible. Really?

The whole thing is about politics. Is about the moral way you have to live your life.

Calling things as you see them. Calling them back to eternal principles.

He didn't tell anybody how to vote. Render to Caesar what is Caesar's.

But there are certain principles that you have to have, or you lose not only this citizenship, but the next citizenship. The one that really matters. And, boy, if you are doing it because you're a coward, you are in the wrong business!

Get out of the pulpit, and go to work at Jack in the Box.

RADIO

Democrat “SMOKING GUN” on Trump & Epstein gets DESTROYED by facts

The House Oversight Democrats recently released "new" emails allegedly proving President Trump lied about his knowledge of Jeffrey Epstein's crimes. However, Glenn points out a glaring issue with these emails that destroys their entire narrative...

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, let's dive right into the Epstein Maxwell emails. My gosh, Stu!

Why are they trying to cover up that Donald Trump had sex with children!

STU: I mean, it's just clear, as -- as day, in the emails!

GLENN: Yeah. No.

STU: He spent hours with one of the victims. What else could have possibly have occurred in that arrangement? We don't know!

GLENN: And it's -- it's one of the victims, Stu. One of the victims!

STU: One of the victims, that's all we know. One of the victims.

GLENN: Let me read what Jeffrey Epstein wrote. I want you to realize that the dog who hasn't barked is Trump. Victim redacted. Victim spent hours at my house with him. He has never once been mentioned. Police chief, et cetera.

Okay. New information, just released. Or is it?

Because in 2011, 2011, that was released and everybody knew it. It's been out floating around. Here's the change: In 2011, this is what it read.

I want you to realize that the dog hasn't barked is Trump. Virginia spent hours at my house with him.

Why would you redact a name that is already out in the public square!

It's already out!

The memo is already out. The email is already out. It's been out for years. Why would you redact that name now?

Well, because it makes it all of a sudden, new and shiny. Shiny and new. If you don't know who said it, you see victim, and you're like, oh, you see victim. Who is the victim?

I don't know. But when you know it's Virginia, you know this has already gone to court. This is -- she already testified about this!

He didn't partake in any of this, any sex with any of it. It's true. He didn't partake in any sex with us, and I'm quoting, this is from the testimony. But it's not true, that he flirted with me. Donald Trump never flirted with me. Have you ever met him?

Yes, at Mar-a-Lago, my dad and him. I wouldn't say they were friends, but my dad knew him, and they would talk. Have you ever been in Donald Trump or Jeffrey Epstein's presence with one another? No!

What's the basis of your statement that Donald Trump is a good friend of Jeffrey? Jeffrey has told me that Donald Trump is a good friend of his.

He didn't partake in any of -- any of the sex with any of it. He flirted with me.

It's true, that he didn't partake in any sex with us. But it's not true that he flirted with me.

So I don't understand that. But she goes on. Donald Trump never flirted with me!

Okay. So what -- what's new about this?

This is the same girl, this is the same person that -- didn't she work at Mar-a-Lago?

Or she was going to get a job at Mar-a-Lago.

STU: Yeah. I believe she did at one point.

GLENN: Yeah. So we know they know each other. We know they know each other.

We know that at Mar-a-Lago, Jeffrey Epstein would come, and he was poaching the employees. The girls there. To go work for him.

And Donald Trump went to him. And said, "Hey, man. Stop it. Stop poaching people from me. That's not cool. Don't do it." And then he said, "Oh, yeah. All right." And then he did it a second time. And he's like, "You know what, you're out. I don't want you here anymore. I asked you not to do it, and you did it." Now, that doesn't mean that he knew what was happening to the girls or what was happening or anything else.

And even if it did mean something was happening with the girls, he was saying, "Hey. Stop it! Don't take any of the girls or the women here.
Don't do it." I don't believe he knew anything about any of this. But God only knows! And really, God only knows!

This is not new news. Donald Trump, he might end up beating Bezos as the richest man on the planet! When all is said and done!

Because, again, the -- they're presenting this as new fact, a giant scandal. Stu, I don't know if you know this. This is -- this breaking news is a giant scandal.

STU: Yeah. I've heard democratic representatives saying that over the past 24 hours. Yeah. We need to investigate this.

This is shocking stuff. It's a massive scandal. Even ABC News, I heard, pushed back against this. And said, well, what scandal? What are you implying occurred here?

We know who the victim was. We know the victim. Like why. Why did you even redact that name?

And they're like we always redact name of victims.

Do you really? When they're already out publicly?

Not to mention, this particular victim is not even alive.

You know, she sadly died. I mean, it's a terrible, terrible story.

GLENN: Terrible story.

STU: Yeah. She passed away.

A suicide. It was at least the report I believe. But she has a posthumous book coming out. But like a terrible, terrible story.

But, you know, to act as if you have to protect her identity when, number one, she's dead.

GLENN: Is ridiculous.

STU: Number two, everybody already knows who she was, including the news sources, who also have a policy, you would think.

And ABC has a policy. They redact, that was in this type of situation. But it's already been out. We already knew who it was.

So they redacted to make it look like he's with other people who have not already told us nothing bad occurred! You know, and it is an absolutely awful tactic. And at least --

GLENN: I think litigation should follow again. I think he should sue them again. Anyone who is presenting this as new information.

ABC did their job. Congratulations for ABC. They did their job.

They pointed out, this is not new information.

Why would you redact. Why are you releasing this now? And you're redacting a name this -- this email is already out!

You're presenting this as a new scandal.

And you redacted that name. This is completely dishonest. The news media shouldn't even run with it. They shouldn't even run with it. They should have said, old news. Old news. And if you did run with it, you should have handle it had like ABC handle it had. Wait a minute. Why did you redact name.

What do you mean that there's a new scandal. She already testified exactly opposite of what you're believing Jeffrey Epstein over the victim right now. I just want to make sure you understand the Democrats right here. You're taking the name of Epstein, over the victim.

Oh, okay. All right.

STU: And Epstein doesn't even say that anything occurred.

GLENN: No.

STU: There's not -- it's just -- it would be something you would have to jump to a conclusion, to accuse Donald Trump of something like this.

And we know what happened, because the victim said nothing!

Said, it was nothing!

GLENN: Right.

STU: In fact, it wasn't even a flirtation. Which, by the way, even that, you might have thought was creepy. It wasn't even a crime.

It wasn't even flirtation. So it's a disgrace in every single way.

GLENN: All right. So let me take you here. Let me take you here.

If you remember when the shutdown first started, what did the Democrats say, the reason why they did the shutdown?

Not them! Why Mike Johnson and everybody else wouldn't negotiate!

Why wouldn't -- why wouldn't the Republicans negotiate?

Because the heat was on, to release the Epstein files.

And they didn't want to have to do that. So they shut the government down!

Okay?

They wouldn't negotiate. You didn't hear any of this? Oh, it's so arrogant.

STU: It doesn't make any sense at all. That's probably what they said.

GLENN: I know. I know. So the government is open, and what does Mike Johnson do yesterday?

He said the House is going to vote on a bill to release all of the files related to the late financier, convicted child sex offender, Jeffrey Epstein next week. He said on Wednesday that a discharge position to bypass leadership and force a vote on the bill, hit the benchmark for needed signatures. It's been decided by him to expedite the vote for the bill, which under the current rules could have been delayed until at least early September.

So he says, as soon as that petition hit, the needed 218 signatures, I brought it up. Unanimous consent. Let's go! Release it.

So he's pushing this forward. Good, Mike!
Release all of it. Thank you!

Get it out. Lance this boil.

I mean, if anybody thinks that you're ever going to get the truth on this in the first place, it's madness. It's madness. Everybody -- I mean, so many important people were involved in this, and it was in the hands of the Democrats for the longest time. Okay?

So they had all of this information. You don't think it was all picked through? And if there was anything about Donald Trump, you don't think that would have come up between 2020 and 2024?

There's nothing in there about Donald Trump. These people are so stupid. This time, we've got him, boys. This time, we've got him.

No, you don't. This time, it's like Wile E. Coyote. This time, we've got the Roadrunner!

No. You're never going to catch him on this. It doesn't work. The guy was the most investigated person in the history of the world, and you've got nothing! Now, it's good to come out.

But if you think you're going to catch a bunch of people on the left, you're not going to. Because they had it, you know, in their possession.

You don't think all of the names were taken out? You don't think things were destroyed, if there was anything? I believe there was something. But I don't believe there's any names in it anymore. You're not going to get the truth on this one. You're just not going to get the truth, but release everything that we have. Everything!

Oh. Oh, by the way, also in the Epstein emails. How come nobody is talking about this one, Stu?

This one is from Michael Wolff, to Jeffrey Epstein. And then Jeffrey Epstein responds.

So Michael Wolff writes, "What's the thumbnail on Nes Baum (phonetic) Foster?"

And Jeffrey Epstein writes back, "Nes Baum White House Counsel, dot, dot, dot, Hillary doing naughties with Vince."

Now, Vince Foster killed himself, you know, and then killed himself at the White House. And then drug himself across the street to the park.

I mean, I don't know -- the Vince Foster thing is so old. And it doesn't -- but why is nobody talking about that one?

Why is no one talking about that?

Also, this the Jeffrey Epstein email bundle, ABC, you don't feel that's necessary to bring that one up?

Huh. Interesting.