RADIOApril 13, 2022

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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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.

Biden's Farewell Address, Rewritten by Glenn Beck

President Biden’s farewell address was filled with all sorts of irony. Perhaps most shocking was his warning that an “oligarchy” of power-hungry elites “literally threatens our entire democracy.” Surely, he isn’t talking about the progressive elites, right?! Glenn decided to rewrite Biden’s farewell address to better reflect the reality of his administration’s legacy. No joke!

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. So Joe Biden. And I know this is all going to come as new news for you, Stu.

Because I'm not going to lie. It came to me as new news this morning.

When I read it in the show prep.

This is not something, I would even care about. From this president.

But I think it's important just to notice how he's leaving office.

And there's a couple of things. One, have you ever seen a president who nobody gives a flying crap about more than this one?

STU: I don't think so. I mean, have I?

No. Has it ever occurred in American history is more the question.

GLENN: Right. It could be like John Tyler, or Taylor.

I don't even know.

STU: Tyler. That was the one I didn't even know existed. John Taylor, I think was the basis for Duran Duran. John Tyler, former president.

GLENN: Okay. Right. So former -- so I care about what's happening in this administration, just a little bit more than John Tyler!

STU: Or John Taylor. Right.

GLENN: Or John Taylor. Either.

I mean, I care a little bit more about John Taylor. He had some great songs.

STU: He had some great songs.

GLENN: So, I mean, I just don't care.

The only reason I do care. Is because what is he doing today, to destroy our country?

STU: Yeah. We've been doing this series of Biden's parting shots on our show.

Stu Does America, by the way. Blaze TV.

And there's a lot.

You could say, he's not doing anything. Because you think he's incoherent. And falling asleep on the job.

GLENN: No. He's not doing anything.

STU: It very well may be true. It also doesn't matter. He's doing a lot to the country here, as he walks out the door.

It does not seem that anyone seems to care.

GLENN: There was another 500 billion-dollar forgiveness of loans, yesterday.

STU: Not that much.

GLENN: How much was it?

STU: He did 150,000 people. And then another 200,000 people. I believe over the past few days.

GLENN: A lot of money and a lot of people.

STU: Yes.

GLENN: And this one he's saying, because the university scammed them.

Oh, Lord.

Okay and -- yes?

STU: I think that's just -- amazing. You go through a legal proceeding. That's how they get their money back.

They don't get the money back. We don't have to take that on as a country. And again, none of this is legal. None of this is constitutional.

Most of this will be overturned after he's out of office. Most of these poor people who believe they no longer have these loans, will wind up having these loans.

GLENN: Right, but they're still going. They're still going. They're filing all kinds of suits in court, and you're like, that's not going to stand in court. They're not going to pursue that.

It's just -- okay. Well, then stop it. Spend the time to stop it. That's what he's doing. He's just lighting little brushfires everywhere.

Thank goodness, Donald Trump is not California.

He'll put them out quickly, I think.

Now, the -- Biden gave a speech, and I -- I just rewrote it.

I'm sorry. I rewrote the speech.

STU: Okay.

GLENN: Because I said everything that he said, but I added a little bit of the truth.

Okay?

So let me give you what he said, last night.

First, do we have the -- the Hail to the Chief?

Or something that makes it sound official? Because it was very official.

It was in the White House. I'm not kidding.

He was sitting on a pillow last night.

Yeah. No. Real one. And just go ahead. So he's -- and now a message from the president of the United States.

My fellow Americans, folks, I'm serious. This is it.

This is my last address as your president.

No joke!

I've been in public service. For 50 years, now.

Maybe more.

I've seen a lot in my time.

But I've got to tell you, still believe in America.

Well, there's some things that we need to talk about. Things that really worry me.

I'm not kidding.

This is serious stuff.

First of all, the oligarchy thing.

Yeah. It's bad!

Folks, we've got billionaires and corporations running the shows right now, and it's dangerous. Come on. We can't have people, billionaires, who think they can run everything. Like George Soros.

Well, no.

Probably, he deserves a medal, but other people like that, that vote differently than the way we want them to vote.

That's just got to stop. Got to stop. Okay?

He's a good guy mostly. And big tech. Don't even get me started, folks.

Don't. Don't.

It's like my dad used to say. When I was growing up in Scranton, you know, just an average scrappy kid, hanging out with black people and minorities mainly.

You know, my dad used to say to me, don't trust big tech. He was way ahead of the game. Way ahead.

I loved my dad. I will cry. By the way, California, I can relate. Because I had a kitchen fire once.

Anyway, back to big tech. Don't even get me started. We had to work with them. You know. You know, to protect democracy. That's why we had an open line to Facebook and Twitter. Some people called it censorship. That's malarkey. Okay?

It was just, what's the word? Guardrails. Yeah, guard rails for democracy.

That's what that was. And misinformation.

Folks!

I'm serious.

It's everywhere. No joke!

Americans are buried in misinformation.

But let me be clear. We weren't part of that. Okay. Maybe a little bit. But not very much.

I mean, not that you know of.

It's coming out?

Okay. Well, all right.

Maybe a little. We did say Hunter's laptop was fake. Turns out, wasn't. That was a surprise.

No joke, people. I had no idea.

Maybe we had a few things wrong about COVID. You know, like the origins, the lockdowns, the vaccines. But come on! Folks, I'm serious.

It was confusing. You keeping it straight.

Come on.

Look, I know some of you are mad about my family making a few bucks overseas. But, folks, let me tell you, that's how business gets done sometimes.

You know, what are you going to do?

My son, Hunter, good kid. Smart as a whip. Oh, my gosh. What a talented painter he is. Did you hear? Five hundred million dollars of his paintings have been lost in the fire!

Damn it! But a good thing we had insurance on all of that art.

You know, he got some deals. China, Ukraine. Whatever. But it was all aboveboard.

I mean, I'm serious, folks. It's fine. Totally legit. And here's the thing about AI. It's scary.

Artificial intelligence. That's what they call it. I don't trust it. One day, you're talking to your phone.

The next thing you know, it's running your life.

That's why I wanted Congress to ban stock trading for government employees. No joke.

No joke. You can't have senators buying stocks when they know stuff about stocks!

It's just wrong, folks.

Never. I mean, not recently.

I have not recently benefited from stock trading. No joke.

My family made it the old-fashioned way. Through bribery.

That's what we did. All right.

That's America. And let me tell you about America and unity. Folks, we need unity now more than ever.

But you know what is stopping us?

And I mean it!

People who don't listen. They spread lies. They stir up television.

Some of them need to vote for the other guy, and I'm not kidding.

These people are dangerous. Folks, I'm not kidding. Makes me so mad. I could -- I don't know.

You know the rest. Now, I know I've made mistakes. Nobody is perfect. I mean, I'm pretty Tam close. But come on, folks. Give me a break. I'm just doing what's right.

You have to trust me on this. In closing, I want to remind you of the statute of liberty.

That lady has been swaying in the wind for years. But she never falls. Just like America.

She might lead a little to the right or left. But she stays upright. No joke.

It's a miracle. They wouldn't let me change that torch to an ice cream cone. Which I think that would have been great. You know, on her feet, we should have given her some socks or something. Because her feet has to be cold. They're made out of metal, seriously. Seriously, folks.

I'm not joking. What's her hair smell like?

So now it's your turn to stand guard.

Keep the faith. Protect democracy.

And remember, I love the little children.

Hey, God loves the little children.

He keeps them in the palm of his hand.

I've got my palm of my hand on little children.

It's good. Folks, come on!

I'm being serious.

It's real. I love it. I'm serious.

God bless you.

And God bless something else, I don't remember what it was.

So that is a summary of his speech last night.

And --

STU: He's good.

GLENN: Then he walked off into the sunshine.

With the -- and they're pretty close.

He had the seniors come this. You know, from his senior center.

And it was regulated. Ow! That one hurt there. But, hey, he was trying. No, folks, seriously, they're trying their best.

They're seniors. And look at them go. Look at them go.

STU: The Joe Biden players. Ladies and gentlemen.

GLENN: And we're going to miss it. We're going to miss them.

We really are. We really are.

You know, I was thinking, I really don't care except for the instruction.

And I think Democrats have it in the exact right place.

Because they don't care about the destruction, I don't think. At least the ones in Washington.

And they're not paying attention to him at all. They don't care what he's doing. They don't care, okay?

Isn't this exactly the way we should all feel about our president, all the time?

Without the fear of, good God, what is he doing behind the scenes?

Without that fear. He should not have that big of an impact. Nor should all of those clowns in Washington.

You know what I would like to do?

I would like to go back to doing comedy, like, remember, Stu. In the old days, 25 years ago, before 9/11. We were doing comedy.

Wouldn't that be nice? That would be nice.

Would love to do that. But we suddenly had to care. Because these people are out of their mind and out of control.

The way the Democrats care about Joe Biden right now is the way we should care about every president.

Okay?

They should have such little power. No. I'm not joking folks.

I'm not. I'm being serious.

Such little power. We don't care. Yeah.

Yeah. Now, let's go have some ice cream.

STU: I mean, that's -- what the Founders kind of wanted, right?

They wanted a country in which, where you didn't have to think about the cane all the time --

GLENN: Yeah, and you would say, shut up. Shut up.

That's what I think our Founders.

STU: Italian Founders. Yeah. Shut up.

Because, again, it's easy to think about now, as someone you probably like is coming into office.

So you might like the focus on them.

GLENN: Well, I like the focus on them. Because I will fix it. You know what I mean? And then we need to care enough to get those things out of an executive order. And passed as laws. Otherwise, four years from now. We can have somebody -- Karl Marx, they might bring back from the dead. And they will be like, Karl Marx, you know, his first time around didn't go well. But I'm serious, folks. He's great now. And look at that beard. I mean, that's a great beard. Especially for being dead for so long.

And they -- we can -- he will be like, I will do a few executive orders. What? What's the problem?

You know, no! We need to pay attention, so they actually pass these things, as bills.

STU: Interesting. A development on that front. The Republicans are trying to talk Trump out of doing some of these executive orders.

When he first starts. Because of a -- basically a technicality, that comes from this law that we want to pass, this reconciliation bill.

This is their one big bill. To do that. They can pass this bill with only 50 senators.

If it's cutting the deficit, essentially.

And so the -- what -- some of these executive orders that Trump wants to do, will help that. Right?

GLENN: But they need to have them in the pill.

STU: They need to have them in the bill to make sure the scoring is right, so they can pass it.

GLENN: You know, I have to tell you. I think there's more to cut than everyone thinks. Oh, gee, we've got to reduce the deficit.

And you will cut a lot of places. I think you could find more.

STU: I think you can. I think you can.

Again, if you're going to do it anyway. I would prefer, if it's a good measure. And it's going to improve the budget situation. I would rather have it in the reconciliation bill, than as an executive order, for the same reasons you're talking about.

GLENN: Yeah. Yeah. But I would like to not give away, the stuff that we could get through executive order.

STU: Yeah.

GLENN: You know.

STU: If you can get it through the law.

GLENN: Get it through the law.

STU: Get it through the bill. Get it that way. If it's not available there. Then you go --

GLENN: Take it elsewhere.

Because there's a lot that can be cut. Gee. I don't know. We're a few hundred billion dollars away from being able to save the deficit. And pass this bill.

I don't know. Department of Education. Where are the keys?

STU: You can't do that by executive order.

GLENN: No. I'm saying Congress. I'm saying Congress.

We can't do it in the bill.

We can't just pass it with 50, because it's not enough.

Where are the keys to the Department of Education?

I would just like to see them, right now.

Let's put them in the pile. All right.

California Fires and New Jersey Drones: Government Secrets EXPOSED | Glenn TV | Ep 405

The secrets, lies, and utter absence of transparency from all levels of government are tearing our country apart. In just a few days, the Trump administration has the opportunity to change all of that and start a new era of accountability. Over the past decade, we’ve been lied to about Epstein, Ukraine, the Biden crime family … the list goes on! In this episode of Glenn TV, Glenn peels back the layers on two of the biggest stories right now that Americans are DEMANDING answers on: the fires in Los Angeles and the mysterious drone sightings that started in New Jersey but have since occurred all over the world. Then, journalist Michael Shellenberger joins to discuss how California failed to prepare for the Los Angeles wildfires, why there never should have been a dry reservoir, and where he believes the drones are coming from: Are they Chinese, UFOs, or the property of the U.S. government?

The TRUTH About Biden’s Israel-Hamas Ceasefire Deal

The ceasefire deal between Israel and Hamas is already showing signs of falling apart. The deal, which includes the swap of 33 hostages for 1,000 Palestinian prisoners, was paused after Israeli Prime Minister Benjamin Netanyahu accused Hamas of breaking some of its promises. The Biden administration took plenty of credit for the deal, but also acknowledged Donald Trump’s role in its finalization. But Glenn explains why this is NOT Trump’s deal. When Trump takes office, he believes, we’ll see a deal that’s much better for Israel.

Transcript

Below is a rush transcript that may contain errors

GLENN: So let's talk about this deal in the Middle East. Here is -- and remember, the State Department is -- is ground zero for everything bad. In the world.

I mean, I -- honestly, I think Marco Rubio should go in.

And he said fire everyone on the seventh floor. Maybe the sixth.

Just fire them all. You're all gone. I don't care if some of you are good. I don't have time to sort it out.

You're all gone.

Because it's been out of control since really FDR.

And they think that they're in charge of the world.

And it is the State Department, that has brought us these endless wars and everything else.

They've got to go. They all have to go.

So with that in mind, listen to the State Department spokesperson on the Hamas deal.

Listen to this.

GLENN: When it comes to the involvement of president-elect Trump's team is absolutely critical in getting this deal over the line.

And it's been critical. Because obviously, as I stand here today.

This administration's term in office will expire in ten days.

And one of the things we've always said about this deal.

When you get to stage one, to stage two. That the United States, Egypt and be Qatar. Are the guarantors of this deal. And Egypt and Qatar will push Hamas to stay at the bargaining table. And to get from stage one to stage two.

And the United States will push Israel to stay at the bargaining table from phase one to phase two.

Obviously, those are promises we cannot make on behalf of the United States for any longer than the next five days.

And so it's critical that all of the parties to the agreement and the other mediators see that when the United States is in the room, making commitments. Those are lasting commitments. That extend beyond this administration. Into the next one.

GLENN: Uh-huh. So stop.

They're long-standing commitments. They will go long past the five days.

Well, they must even make it to day two. Overnight, this deal has started to fall apart.

And it started to fall apart with Benjamin Netanyahu. And the Israelis.

Okay.

Well, wait. I thought that's the critical role that Donald Trump was playing. That's what he just said.

We can -- we can bring Benjamin Netanyahu, and Israel to the table. Well, Benjamin Netanyahu did not go to the table, under Biden.

Didn't come to the table. Now, Hamas didn't come to the table because of Biden.

This has all happened, because Donald Trump has said this. Cut one.

VOICE: I think they heard him loud and clear.

It will get done by the inaugural.

VOICE: Before we take office.

VOICE: And don't release the hostages.

VOICE: Do you have to define it for you.

All hell will break out. If those hostages aren't back. I don't want to hurt your negotiation.

If they're not back by the time I get into office. All hell will break out, in the Middle East.

And it will not be good for Hamas.

GLENN: Okay!

So wait. How is Donald Trump responsible for a deal that looks like it's really good for Hamas.

And not good for Israel.

All hell will break loose.

This is the only reason why they're talking about this. And Joe Biden, eager to make a deal.

Made a deal that's good for Hamas, not Israel. So that's falling apart right now.

STU: Deal is falling apart?

GLENN: Yeah. Fell apart overnight. It looks like, it's not holding.

STU: Well, I mean, because it is -- obviously has some good in it for Israel.

And potentially America, right? Potentially American hostages released.

GLENN: But also potentially --

STU: We don't know. It's something like 33 for a thousand. Something -- as always with these deals.

It heavily favors Hamas.

GLENN: Correct.

It leaves Hamas in power.

All kinds of things bad for Israel.

STU: It does not end the war. It's a cease-fire. Okay.

That's important.

GLENN: Yeah. A cease-fire.

That's important.

So Donald Trump is the reason why something will happen. Okay?

Donald Trump has not been able to make a deal. Get them to the table.

He can make a deal. But it's a Biden deal. A bad deal.

He can make that deal with them right now. Because they all know, daddy is coming home.

We better stop our bickering.

Because daddy is going to solve it. And I'm not sure we're going to like the solution coming from daddy.

So they try to get into a deal.

Notice, if the Israelis are the ones pulling out, you don't think Benjamin Netanyahu is just springing that on Donald Trump.

He's not just like -- Donald Trump is not getting up today and going, wait. The deal fell apart. Benjamin Netanyahu and the Knesset doesn't want to deal with that? What happened? Uh-uh. They were on the phone with him, so he knows that.

No matter what the White House tries to do and rope him in, this is not his deal. It's moving because of him. But that's all.

And I take him seriously when he said -- I mean, let's talk about this in a week. Let's talk about this next Friday. Where will this story be next Friday?

Because I don't think it will be here!

You'll notice, he said, make a deal before I even get into office.

There's going to be a lot of talk with Hamas, on what exactly they have to do. And what the ramifications are.

Because I would not put it past Donald Trump, by Monday evening.

Drones, to be flying over Hamas.

He will -- he will release hell on them.

He is a guy, that keeps his word. Because he knows, if I don't, then I'm known as somebody who just bluffs.

And I'm not going to do that. Because that puts the United States. Into real trouble.

And he's been real clear on this, over and over and over again! Hell will be paid if you don't release the hostages, by the time I'm in office.

So we'll see, exactly what is coming on.

Female Veteran Says Pete Hegseth is RIGHT About Women in the Military

Congresswoman and Air Force veteran Anna Paulina Luna joins Glenn to clear up one of the Democrats' biggest lies about Trump’s Defense Secretary pick Pete Hegseth during his confirmation hearing: "Pete never said that he didn't want women to serve in the military. In fact, it's quite the opposite. But I have the same agreement in that there are certain roles that women SHOULD NOT be subjected to in the military." Plus, she discusses why she’s hopeful that the Trump administration will reveal the truth about UFOs and the mysterious New Jersey drones.

Transcript

Below is a rush transcript that may contain errors

GLENN: Congresswoman Anna Paulina Luna from Florida. Welcome to the program. How are you?

ANNA: Hey, Glenn. Happy to be back on.

GLENN: Yeah, it's very good to talk to you. So you were in the Air Force?

ANNA: I was.

GLENN: And what did you do in the Air Force?
ANNA: I did air field management, and worked with actually my first installation, was the B-2 stealth bombers of flight plans, a lot of inspections, a lot of readings. Did not serve in combat.

However, I definitely have an opinion or two on women in combat.

GLENN: I would like to hear it.

ANNA: First of all, during the confirmation hearings. They were incredible.

And they were trying to walk them into these sound bites. The one thing I kept hearing from the Democrats was, they were taking his comments out of context, in regards to women in the military.

So Pete never said that he never wanted women to serve in the military. In fact, it's quite the opposite.

But I have the same agreement, in that there are certain rules that women should not be subjected to in the military. So in a lot of foreign countries, you will see there will be women-only sniper teams. And/or women-only teams that will see combat. Now, I preface this by saying, that there is a study that has been done. And shows that when women have been placed in harm's way. That the natural instinct for men was to protect that woman. And that's the right thing to do.

That's that, quote, unquote, toxic masculinity that the left tries to mess with all the time --

GLENN: That is human nature. We're born with that, but go ahead.

ANNA: Right?

And so when you have though, a woman that let's say, plays on a Special Forces team. They come under fire.

Hypothetically that woman gets hurt. Instead of focusing on the mission, as it would be, the men then would in turn, go to protect that woman.

And it could ultimately result in, A, more casualties, more people getting hurt, and then also jeopardize the success of the mission.

And so I think when we're looking at military policy as a whole, we need to take these things into consideration. But it's very easy because Pete is a white male. For them to try to demonize him and treat him as this anti-woman, you know, alcoholic womanizer, which is simply not the case.

Other thing, and the reason why I wanted to show my support for him. Was, look, Pete is a Christian. He has the Jerusalem cross tattooed on him.

That does not mean he's a Nazi. That does not mean he's a white nationalist. So what I've been telling reporters. If Pete was so anti-, you know, anti-minority.

Anti-, you know, anything to do what we stand for and value in this country, why would you have the same -- because they don't really have a response to us.

GLENN: Yeah. All right. So do you agree with him? Because I took from him yesterday, something else about the military. I have no problem with women in the military, with an exception of the natural order of things, where I think men -- I have to tell you, if -- if one of the guys was captured by, you know, al-Qaeda. I would do everything I can to make sure that one of the members of my team, you know, were safe. And I would do everything that we should do. However, it's different if I know that the woman member of our team, has just been captured.

I -- it takes on a different meaning to me. Because I know what's going to happen to her, in compared to Tom or Tim.

And I think that is a natural instinct, that you cannot get rid of. And you don't want to.

The second thing, that I think that Pete is talking about. And we saw this in the fire chief, in -- in Los Angeles.

Where she said, you know, I -- you know, I'll talk to people. They'll say, well, you can't lift my husband out of our burning house.

And her response was, well, you know, he got himself into a place he shouldn't be.

So why should I?

Okay. So that's ridiculous. As long as a woman can physically do exactly what is required of the male, then I don't have a problem with that. Do you agree with that?

ANNA: I would say, though, there's this aspect of psychology. And certain situations. Where I don't think women should be placed. So right now, what we're seeing, is -- you know, those are all great points, Glenn.

The military standards, currently. There are different standards for women and for men.

That's just a fact. But there are also different requirements for different jobs. Right?

If you can go in, for example, to be a fire firefighter, you're required to lift X amount, whether or not you're a man or a woman in the military.

But in that sense, I would say that, when you're talking about conditions where you're living in a field. When you're talking about conditions, when you know that there is going to be a psychological aspect and component. It doesn't mean that women aren't as good as men.

I think there's been cases, where women can be better snipers than men are.

Depending on what you're looking for job-wise.

What I will say, as far as my perspective is concerned.

I don't think women should be required to register for the draft.

I know that Senate Democrats were pushing that.

And I also think that women should not be placed in certain combat roles in the military.

GLENN: Agreed. Agreed. Agreed.

Let me switch topics with you.

You were one of the biggest advocates for the UAP. UFO disclosure.

Any updates on -- on that hearing, the updates on the New Jersey drones.

And were you able to get David Grusch into a skiff and get a classified briefing? And if so, what was your takeaway?

ANNA: So I was not able to get Grusch into a skiff. In fact, they were blocking that, by not re-activating his security clearance. And so I'm hopeful with the new incoming administration, especially because as of right now, you know, Marco Rubio led to his confirmation for Secretary of State.

GLENN: Yeah.

ANNA: And they have been in the Senate, one of the big advocates and supporters of looking into UAP's -- a/k/a, UFOs. And then everything else associated with that.

Now, what I will say, is that I've been grossly disappointed and disgusted by how the Biden administration handled what happened with the Chinese spy balloon, which to be clear is different than a UAP.

The fact is, some of these drones are likely tied to not just hobbyists. But probably more nefarious actors.

Even if we had that information, shared in the public. I don't believe that the Biden administration would have done that.

Because of how I saw, how they handled the drones.

In the United States. And collecting intelligence. Nonetheless.

It was a Chinese intelligence operation.

You know, I had one of my colleagues Van Drew, who actually made an admission on television, that it was adversarial drones. And then you saw the Intel community come out. But Van Drew would not just make something like that up.

So you're seeing kind of this rift occur with the intelligence community, and then people that do want the American people to simply know the case.

I think this is probably the topic of longer discussion. In regards to what a UAP is. What's interesting, Glenn. And I know you look at these things through a lens, as do I.

As a Christian, first and foremost. But what's interesting, when I was questioning Grusch.

I actually asked him, well, what would you consider, in so many words -- is this like a physical ST?

And he kept calling things inter-dimensional beings, if we're specifically referencing UAPs, and so I think that that just aligns in perspective, to think about this from.

I think there's a lot. You would have talked about this even ten years ago.

Your political career would have been over. People would have said you're a conspiracy theorist.

I can tell you, this is probably the number one question I get. No matter where I am at in the country, people come up. They appreciate it, because everyone is curious. So I'll leave you with that.

GLENN: So let me just -- let me just follow that here, just a little bit.

The inter-dimensional beings, that could be spiritual. That could be a quantum being. Any idea what he meant by that?

ANNA: You know, I actually tried to pull on his string. And he didn't want to go there.

And I can also tell you, when I was talking to him, with a group of other legislators on the phone, prior to the hearing.

That he did make the omission. That he was actually in fear of his life. And that something happened, where he tried to kill him.

So I don't know if that was associated. But he did not want to go into that any further.

And so based on my investigation. Based on what we're told in the hearing, I would say that it does not seem like it would be a good thing.

He gave me the impression. That this was nefarious.

So take it for what it's worth.

It's inter-dimensional.

I think quantum could be, you know,

GLENN: Right.

ANNA: We're on the same page there.

GLENN: So it is so bizarre that this kind of stuff is happening.

And we're not being told. Donald Trump said that he would talk about the drones. On Tuesday.

He said, give me a day, to get settled on office.

And he said, I'll find iota the drones. And I'll tell the American people.

If that's China. Should we know, the American people?

ANNA: I think it would be well within his wheelhouse.

And I think he wants the American people to start to trust their elected officials.

It goes to so much deeper than just have someone in the White House on your side. Right?

Because we know that -- and from what I've gathered, because remember, there's been bipartisan and bicameral meetings in the Senate, the House. And Democrats and Republicans have all been working on this together, to get some answers and information.

And there is a certain level of stovepiping that we've seen with information. And then also too, the aspect of, I as a sitting member of Congress. Who sits on oversight and foreign affairs, was denied access by a general at the Air Force base, to whom I responded. Who gives you the right and authority to tell a duly elected member and group of Congressmen, that they don't have access to a program that we write the damn checks for?

You have no authority to deny us access.

And so that conversation, probably not comfortable for that general.

GLENN: How did that end?

ANNA: Well, he left.

He actually got up in the middle of our meeting and went on TDY. Which any military member will tell you, never happened. He left the meeting.

He left the state.

He got up and left.

GLENN: Wow! Did you ever get an answer?

No. Representative Gaetz and Representative Burchett were also there to witness this.

I never seen that happen. And remember, I was in the military.

He literally got up and left in the middle of the meeting. Said he had orders in Georgia, and he never came back.

GLENN: Are you -- are you concerned at all about some of the conversations. We just saw another video from James O'Keefe.

Where he's talking to somebody who was -- I think he claimed to be in the FBI.

Said, he and others were meeting with generals. To make sure that they had a control on Donald Trump.

Are you -- are you confident at all, this time around, Donald Trump will be able to route that.

VOICE: Oh, most certainly.

And I will say, that has a lot to do with the confirmation of the Secretary of Defense.

You know, top down.

Last time president Trump was in office. I think there was a lot of trust in people, to do the right thing.

And then he realized that the Deep State was real.

And there were people running, regardless of whether he was a Republican. Or whether they're Republicans or not.

That they were working against his agenda. Because they didn't like what he stood for.

What we're finding, there is going to be a setup to go through these generals. That, A, discharge military members based on vaccinations. And boards.

The fact is, if you're a general and you're pushing wokeness ideologies.

Or you're trying to undermine subjective o the commander in chief, you have no place in the Department of Defense, period.

And so those people conspired, and I look forward to that. Because I can just tell you from a congressional perspective, Glenn. I actually had an amendment in the National Defense Authorization Act to remove DEI for military training.

And I have friends still in the military. So someone at Ramstein Air Base actually sent me an email of an officer there, that was directly undermining what we did. Congress has removed DEI.
So we're renaming it. Please, proceed with the training.

Guess what, that person is also going to be fired. And that's really how you're going to be at the DOD --

GLENN: Good. Good.

If you could hold for 60 seconds, I need to take a network break and come back. I want to ask you about Cuba. What the Biden administration just did. And also about Tulsi Gabbard. And how you feel about her and her nomination.

Back in just a second with Anna Paulina Luna, Representative from Florida.