RADIOJune 05, 2023

EXPLAINED: A possible banking CRISIS & what YOU should do

Weiss Ratings rates banks, stocks, bonds, and cryptocurrencies daily, closely monitoring the movements that happen within each sector. And they’re GOOD at it. In fact, of the 539 banks that have failed since 2009, they’ve given prior notice about 535 of them. Dallas Brown, a Weiss Ratings Publisher, joins Glenn to discuss which of today’s banks currently are facing possibly failure or crisis. Should Americans be concerned about our nation’s big banks, or is it only smaller ones and credit unions facing trouble? Plus, what should YOU do if your bank is at risk…? Listen to this clip to find out why you should NOT panic about today’s uncertain banking situation…

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Welcome to the program, Dallas Brown. How are you?

DALLAS: Hey, Glenn how are you doing?

GLENN: I'm good. I'm good. So I don't know if you know much about me, but I tend to think, that we are running a shell game with our banks and our federal reserve and central bank and our Treasury.

And I think we've done such damage to our banks.

And they are just printing money to keep everything looking like it's okay.

I saw your -- so that's my point of view, so you know where I'm coming from.

And I want you to correct me, you know, and enlighten me, if you have anything better to say.

I have not heard of Weiss Ratings before. But I know you guys have been around for about 50 years. And in the last bank crash, I think you guys were the ones leading the way saying, trouble. Isn't that correct?

DALLAS: Yeah. But let me just jump in and tell you who liked this and what we've been doing. So this analysis we did isn't something that we just did one time. We rate banks and many assets. Stocks, insurance companies. Bonds.

And crypto. Daily.

And so we see the movement that happened, based on the liquidity of banks. Capitalization. Stability. And so we're very vigilant. Our analysts are very vigilant about this. And so Weiss has been doing this. They started rating banks in 1971.

GLENN: Okay.

DALLAS: So Martin Weiss is the founder. And his father, actually back in 1930, his name is Irving Weiss.

He predicted the failure of the bank of the United States.

And so that's where the catalyst of this came. So in 1971. He got together with his son. He started rating banks for safety for consumers. And so we rate every bank.

And so it's not just banks. It's also credit unions. So in 2008, you know, we -- we named in advance warning all the major banks that failed during that financial crisis.

GLENN: I mean, you were -- I think the only guys that said, Bear Stearns and Lehman Brothers are going.

DALLAS: Yeah. Yeah. So it was weeks before Bear Stearns, and it was like 100-some-odd days before Lehman Brothers. They're gone. It's an end game with them.

But since 2008, there have been 539 bank failures.

And we have given advanced warning on 535 bills.

And some of the other ones --

GLENN: Jeez. Okay.

DALLAS: So this isn't something we take lightly here. It's important -- it's important for consumers. But we kind of agree with you.

It's not the bank's fault 100 percent. It is the government. It is the government forcing them, to push this money out. Not letting the free market play a key role in regulating the banks.

GLENN: Right.

DALLAS: And they just keep stepping in to protect banks. Protect them from the market.

Created this monster that will be tough to fix or save.

GLENN: Right.

And it's only really benefiting, at least at this point, the big banks. Everything keeps getting folded into these banks, that we said were too big to fail. And so we have to make them smaller back in 2008.

They are just getting bigger and bigger and bigger. I mean, it feels like we're going to end up with, well, just a Bank of America.

DALLAS: Well, hopefully that doesn't happen. Because that's not good for anybody in our country at all.

GLENN: Right.

DALLAS: I was talking with a president. Of a regional bank, not too long ago.

And he was talking about a nationalized bank, and I was just like, why? Why are you talking about this?

This is not something that we -- we are discussing -- we need the privatization --

GLENN: Correct. So go ahead.

DALLAS: So this is what we found. This is what we found.

Basically, what's happening, because of how quickly they raised interest rates. Right?

There's a lot of banks that are holding bonds.

And when someone comes and does a bank run. Or we have a lot of people taking out deposits. Especially ones that have high uninsured amounts. So that's people that have over 250.

The banks are having a crisis. And if they don't have the liquidity. Or they don't have the cash to cover those. Like a typical bank run. They have to sell their abandons. And on their balance sheet, the bonds are marked, or held to maturity.

And so they have them marked, as if they were going to sell them in ten years. In 20 years. In 30 years.

But then they have to take them now. And they take a loss. And so after that, if the money that they're taking exceeds the capital, for the bank. Then somebody has to step in and save them.

We only have two options. Either we bail out regional banks. If this starts happening.

Or we sell them to the bigger banks. And we lessen the free market.

GLENN: Okay. So this is what I read, what, a week or so ago.

1210 institutions. That's banks, and what do you call them?

Credit unions.

That's 12.8 percent of our banking system. Got a red warning flag, signaling risk of imminent failure.

Three thousand received a yellow warning flag, indicating risk of failure in a financial crisis, or recession.

And 45 banks, 45 percent of all banks, and credit unions, were deemed vulnerable.

Well, if the 12.8 go down, then you have a financial crisis, or recession. And that just triggers the other three thousand, does it not?

DALLAS: So a lot of these banks are teetering, right?

They're getting loans from other banks. They're selling their assets, to be able to cover, if any type of run happens.

So what we're saying is, there are -- 12 percent, or 1210 institutions are at a point, where anybody decided to pull money out. Or we had some sort of small panic. They're not surviving. It's not happening.

And that is a lot to do with the fact that they don't have the liquidity, based on the short-term and long-term demands.

So when we rate banks, we have five different ratings. And there's 154 data points, we look at, within that rating.

And then we compare them to the stability across all of our data on those banks. And so we compare 6,000 data points to figure out what is the stability of this bank. And we rate every bank, A through E. Okay?

And so A and B are more stable. C is vulnerable.

That's the yellow flag, right? And D and E are the red flag. But there is -- there is quite a bit, even in that yellow flag. That if we hit a recession, or we come into a new financial crisis, they do not have the liquidity or the cash on hand.

To be able to survive.

GLENN: So what does that mean to the average person?

I've been telling people, don't pull your money out of a bank.

Unless, I think you're foolish for putting more than $250,000 in a bank -- a bank account, especially if you're an individual making business, I understand.

But you put -- you're going to get your money back. Now, how much your money is worth in the end, is another story.

But don't pull your money out. Because you will get that money if it fails. Right?

DALLAS: Yeah.

We don't -- first off, we don't want to cause panic. Right? That's why the FDIC. Who understood that a lot of problems with these recent bank failures, they had a lot of uninsured accounts. Right?

They were over the 250,000 dollar limit.

But the first thing is, don't hedge your bets.

Don't think that the FDIC has the Capitol to cover everybody, because they don't.

Right? When they came out and said, we will cover all accounts. I'll give you 250,000.

That just -- they're just paying lip service. That's exactly what they're doing.

GLENN: Well, I think they'll print the money. That's why I say, I wonder how much it will be worth in the end. They'll just print it.

DALLAS: So it's not the FDIC that will bail them out. It will be the US Treasury that will bail them out.

STU: Correct.

DALLAS: So the first thing I would do is never have 250,000 dollars.

GLENN: Okay.

DALLAS: Spread them out.

Because each county is actually insured. So you can have one in one and one in the other. And have a total of $500,000.

GLENN: In the same bank?

DALLAS: Yeah, as long as they're in separate accounts, it's the accounts themselves that are insured.

GLENN: Okay.

So when you say, signaling a risk of imminent failure, that means if something happens.

Or -- I mean, imminent failure usually is like DEFCON 1. A war has started.

It's coming.

DALLAS: So everybody -- anybody that is on -- listening right now. Can go to Weissratings.com. And see what their bank is rated. They don't have to do anything.

There is a search at the top. You get all the information.

You don't have to pay for it.

We do this. Just because we care about the everyday person.

And so you can go right now, and see what your bank is rated.

If your bank is rated red, there's a possibility, and I'm not going to say it's happening.

But if it's rated a D or an E.

There's a possibility, that even without a crisis, they could go under.

STU: So what do you do if you're in one of those banks?

Because I don't want people to panic or freak out, but I want them to be safe.

So what do you do if you're in one of those banks?

DALLAS: So right now, it's not an issue.

We do not have an issue. So we're not panicking. Nobody needs to panic. Nobody needs to go take their money out.

They need to be careful, right?

They need to see where their money is. See why -- because you can see right there, why the institution is -- and if it's a profit problem.

If it's a stability issue.

A lot of these -- a lot of these are really small banks. Right?

GLENN: Uh-huh.

DALLAS: And so what they need to do, is they're going to be covered.

Everything is covered. Credit unions are covered.

Banks are covered under the FDIC.

And if you're in one of these small banks. You're just going to be pushed into. Like we saw with the other banks failures that will happen.

Into the other banks that advice your assets.

Or it's taken over, until they can take them off the accounts.

So it's going to be seamless for them.

But, you know, it's -- it's -- we have them there.

Just so when people are looking to get into banks. Or looking to not have to deal with this. They know.

STU: They know.

Let me take a break. I want to ask you about Bitcoin.

I want to ask you about insurance.

But I also want to ask you about the bank big banks. Are any of the big banks in trouble? We'll go there in 60 seconds.

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(music)
Okay. Any of the big banks in trouble?

DALLAS: So I can't give you specifics right now, on individual banks.

GLENN: Okay.

DALLAS: I love to do it. But I have -- I have the overall information.

But normally, normally, I'm going to say this: A lot of the big banks, are highly rated for us.

Okay? Which means, they're -- they're a B. Or an A.

I'm looking at JPMorgan right now. They're an A-plus. They have some liquidity. They're a major bank.

And so they seem safe.

But the issue here is, it's not that they're in trouble or not.

It's a catalyst system. Like when we saw in 2008, it's a catalyst.

Like people end up holding back for other people.

GLENN: Correct.

DALLAS: On bad days. We have some interesting things happening shortly. Like, the commercial lending industry is going to go through a little bump in the road.

GLENN: Yeah. I don't think that's a little bump in the road.

DALLAS: Yeah.

GLENN: There's a lot of big commercial debt, especially in these giant cities.

Who is going to -- who is going to fund these things?

And then what kind of interest rate, is it going to be?

I mean, I just -- highway you are going to renew all this commercial debt?

DALLAS: Yeah. There's a lot of issues. Terms coming. There's a lot of issues with cap rates just getting annihilated.

And so we're -- we're going to see big discounts. We're going to see big discounts on commercial properties.

And the thing is, I was -- I was listening to a pundit the other day. Not to quote some of the others that I am listening to. But they were saying, they foresee -- there's so much cash out there.

And people are being hesitant about getting into these commercial deals.

They may not even get the foreclosure. They will just be bought on discount, to other investors. Because they haven't been wanting to jump in the last year. Because of the crazy interest rates.

GLENN: Wow.

DALLAS: And so. I don't know.

I can't forecast. I'm not an expert.

GLENN: Yeah. Right. Just your ratings -- so tell me do you rate Bitcoin? I've been concerned about Bitcoin.

DALLAS: We do rate Bitcoin.

GLENN: Because with everything that's going on with the Federal Reserve and the government, how do you rate Bitcoin?

DALLAS: So we have Bitcoin rated now as an A-minus.

GLENN: Okay.

DALLAS: So you have to understand, we individually rate each asset.

So because Bitcoin is an A-minus. Does not mean that it's better than Apple as an investment.

So we rate things within their own industry. And so we rate all cryptocurrencies, around cryptocurrencies.

We rate all banks, around just banks. We have individual algorithms for each one. So insurance is another one, we've been dealing with the mess in Florida.

Which you probably know about. With the insurance.

And we downgraded the -- the back stock insurance company

For the state of Florida. Because its citizens. Because it -- it's a mess over there.

They're losing money.

And, you know, it's another big hurricane season, just is damaging to the current state.

And right now, we've been currently working with the ledge a little bit.

To try to help them out. To fix this issue. But it's a large issue.

We're basing for it. We care about that.

GLENN: Dallas, thank you very much for coming on and being a voice of reason. And also of warning and not causing any panic from anybody.

But just sharing the information. I appreciate it. Thank you.

DALLAS: Yeah. No problem.

GLENN: Weissratings.com is where you can go. And you can see the ratings of your insurance companies, your banks, et cetera, et cetera. How stable are they.

Do not panic. Do not pull your money out of banks. I mean, if you have more than 250,000 in an account, split it up. But don't pull your money out of the bank.

It will be a self-fulfilling prophecy. Weiss. W-E-I-S-Sratings.com.

Are Antidepressants (SSRI's) Worsening America's Mental Health Crisis?

A former FDA psychiatrist reveals what Big Pharma never told the public: the “chemical imbalance” story behind antidepressants was never proven — and SSRIs don’t fix a biological defect, they numb the brain. Glenn Beck and Dr. Josef Witt-Doerring break down how America became the most drugged nation in the world and how millions are being overprescribed medications that can cause paradoxical agitation, emotional blunting, and even suicidal behavior. With 15% of Americans — including millions of children — on SSRIs, are we facing a public health crisis hiding in plain sight?

Was the Cracker Barrel Rebrand a SABOTAGE?! - Glenn Beck Reveals what REALLY Happened

Cracker Barrel’s massive public meltdown didn’t happen by accident. Behind the scenes, the company was bleeding institutional knowledge, taking disastrous advice from DEI strategists, and making decisions that alienated the very customers who built the brand. A major board shake-up, the quiet removal of DEI frameworks, and the sudden resignation of a key DEI-linked board member reveal how deep the problems ran — and how desperate the company was to course-correct. This breakdown uncovers what really went wrong, how Cracker Barrel was influenced internally, and why the Glenn Beck interview triggered major internal moves that the public was never supposed to see.

Transcript

Below is a rush transcript that may contain errors

GLENN: So, Stu, you can just questions about the special tonight.

STU: Yeah, for sure. I'm interested in this.

It's a big -- you know, a big special. You're back and forth with it. With them there. Was kind of fascinating. Right?

You have a situation where they -- they do seem to be sort of avoiding the question there on DEI. Is that how you read it? Oh, we lost connection with Glenn. Is that what's about to go?

Well, that's how I read it at least. You know, you listen to that clip of them going back and forth and it does appear to be them just sort of avoiding the question. We should get back to Glenn. Because I know he has this breaking news on this happen. Should we go to another clip on the Cracker Barrel thing, while we're waiting for Glenn to reconnect? Because it sort of sets the stage. You know, it was interesting to see their approach here, which is to try to explain themselves and try to work themselves through what is one of the biggest PR disasters probably in our lifetimes.

And let's go to this next clip.

VOICE: If we came out of COVID, A, trying to hire 50,000 people, we have a lot of our employees, original -- we did -- we lost a lot of very long tenured employees. A lot of them, a little bit older, and scared to come back into the -- into the environment.

And so --

GLENN: That's a lot of institutional knowledge.

VOICE: Oh, it hurt. I mean, it really hurt.

And in '22, as we started opening back up, we had the new menu that we had. So we lost a lot of people. We put a ton of training into that new menu.

Now we're coming back to open up, guests, any way we can get them. We had patio dining. We were testing a rock garden.

They were going to sit out in the landscape. And I always say that co-ed even made Cracker Barrel start drinking alcohol.

Because that's how -- it was out of COVID, that it was like, how are we figuring out how to drive top line sales and try to get a guest in.

GLENN: Okay. So that is a good example of you don't know any of the story. You think Cracker Barrel has never served alcohol before. Why are you shoving alcohol? That's a cultural. So it's easy to think, you're selling people alcohol now. What other values are you --

VOICE: And it's fair.

GLENN: That one, is at least understandable. Now that I understand the story.

VOICE: Yeah. Exactly. And so as we got into '23, I came out of my office administration role, and came into operations.

And I was leading field operations. And the best way for me to describe it, we were throwing Velcro balls at a wall to see what would stick.

STU: And it's understandable. You know, it's easy to kind of look at the Cracker Barrel situation and get lost at how badly it went.

A lot of these decisions come down to the information they had at the time. Right?

And they're looking at the time as a place that maybe people aren't coming into as much as they would like.

They are trying to -- maybe it's fading a little bit. Maybe some people find it's stale.

They think the situation at Cracker Barrel is not one that they're not necessarily trying to get involved with on a week to week basis, like they used to.

Maybe they had those warm feelings of the past. But they're not going in it anymore. Well, we'll freshen it up. We will do all these new things.

This will be great! And you realize, sometimes, when you're in that moment, you hit a -- you hate a vein. Right?

You're trying to do something positive for the company. And you hit a vein, and everything starts bleeding all over the place.

Let me give you another piece of this interview. Glenn Beck, up in the headquarters of -- of Cracker Barrel.

And somehow, I will give Glenn credit. Not eating throughout the interview.

I kind of thought, when they put food in front of him. He would just be shoveling it down his gullet the entire time.

You wouldn't be able to hear him. It would be like talking with his mouth full.

He got through it, without taking as many bites. Here is Glenn with the CEO of Cracker Barrel.

GLENN: Let's just get this out.

VOICE: Okay.

GLENN: What happened to the choices that were made?

I said on day one of this. I remember when they rolled out new Coke. And I thought, that was the dumbest marketing move, the dumbest thing I've ever seen.

We're taking the original formula and ditching it. And let's start over with a brand that people love.

The day this broke, I said on the air, new Coke!

That's what this is. And it was -- no offense. Stupid!

Just stupid from start to finish.

Can you walk me through how that happened?

VOICE: Yeah. Sure.

Look, our guests have every right to be upset.

GLENN: Yeah. You want to watch this. And I -- you know, what I really want to you watch for is a moment where I said to her, are you surprised you haven't been fired yet.

That spoke volumes. Her answer, and I hope it is captured on camera.

But that answer was the first non, you know, when you're a CEO. You know, I've -- Stu, do you remember when we used to have to do really important interviews.

And our PR people would be like, drill, drill, drill.

No, don't say that. Don't say that. And we would be like, yeah. Whatever.

And when you are in charge of a Fortune 500 company. And you're in the trouble that they're in, you do -- you know, you follow the people that you have hired to make sure crisis management. You don't make any more mistakes.

And so everybody was very, very careful.

They were very honest. But, you know, like that DEI thing.

She didn't really answer the question.

Of course, we want everybody to be welcomed. Yeah. I know. But that's not answering the question.

When I asked her, are you surprised you still have a job, and you haven't been fired yet. Her answer spoke volumes.

Now, the other thing that you need to know, that while she didn't answer me on the DEI thing. And I -- I -- you know, I can't tell you exactly how this happened.

I just know that they knew, that they didn't answer the question.

And somebody has been in touch with my people. And said, hey. You might want to watch the board meeting that is happening.

We can't tell you that anything is going to be happening. But the DEI thing may be solved. At the board meeting. That happened this morning. And they were going to release something at 11:15 today.

We didn't know exactly what it was.

We had -- we had an indication that it might be about DEI.

And what they've done, at first.

Remember, in August. You know, they just deleted the Pride pages. And the DEI pages.

And they just got rid of it all, at Cracker Barrel. That is just hiding who you are. The real problem was, they had a guy who was on the board of directors. Named Gilbert Davila.

And he's just resigned from the board, today!

Okay? They had a meeting with the board, and shareholders and everything else. And they voted on all of these people. And they did not renew him. And so he is -- he has resigned.

Now, his job -- he was a member of the standing board committee.

And his job was to assess the social and political risk to the company's business.

Well, who is he?

Well, he's also the CEO of a company called DMI Consulting.

That's a DEI strategy firm, that's been in business since 2010.

So he's one of the guys. He was the guy who, his job as the CEO -- as the CEO of DMI, is to promote, you know, DEI.

To make sure everybody is living up to the DEI standards. So Robby Starbuck, who is a friend of the program and, you know, great conservatives, who has been responsible for -- you know, getting a lot of these people out of these companies, or at least drawing attention on what these companies are really standing for.

He's been asking trial. What does he do to deserve this seat on the board?

Well, that's it. He owned a DEI consulting and strategy firm. That was pushing DEI and DEI advertising. So what's happened here is I think while she couldn't answer that question at the time, because the board hadn't acted, I think it's -- I think it's not not coincidental that the day the interview with her drops. With us.

Which they've known for a couple of weeks. This is when this interview would drop.

They -- they announced that morning, that seat has been eliminated. DEI is gone from Cracker Barrel. So I think that's really, really good news if you're a fan of Cracker Barrel.

And the things that I saw at Cracker Barrel, I'm -- I'm going to tell you some stuff tomorrow.

I just have to make sure that it's exactly accurate. Because I don't want to cause more problems.

For us!

And I want to make sure that I get it exactly right. But there were some things that I learned in the show prep.

And, you know, studying up for this interview.

That no one was prepared to talk to me on camera about. And always says to me, oh, well, there's something there.

And so we have done even more homework on it. And tomorrow, I will tell you about something that you might have heard about. This guy who owns, what is it?

Steak and Shake?

STU: Yeah. He's a big activist shareholder, isn't he?

Kind of against some of the leadership there at Cracker Barrel. I think I read about that.

GLENN: Correct. Yes. Yes.

And he has an interesting history.

And I want to -- I want to take you through some of that tomorrow.

I think by tomorrow, you're going to understand, what you saw with the DEI vote on the board today. Get that gone. That's gone.

The interview that you'll see tonight with Julie. The CEO. She's not who you think she is.

It doesn't mean she didn't make huge mistakes. She says she makes huge mistakes. But she's not who you think she is.

You may not agree with her or whatever. But it's important you know who she is. And what she said.

And the key tonight is that question: Are you surprised that you haven't been fired yet.

And really, what happened after she answers the question. And she's very uncomfortable. Answers the question.

And then she immediately switches topics. And I'm like, wait. Wait. Wait.

Stop. Stop. Go back. Why are you switching topics here?

Because it was an amazing moment. Is she immediately changes the subject. After she answers. And then she comes back, and she he says a few things. You'll see.

And then I bring it back to her again. And she switches topics again. And I'm like, why are you doing that?

Why are you doing that?

And she said a very interesting answer on all of that.

That is one of the most honest things I think I've ever seen a fortune five company or CEO ever say.

It was really uncomfortable. But really, really honest.

I think once you see this. And then I tell you tomorrow about the -- the board member, on the things that I can verify. I'm not sure what we can verify yet.

But the things that I've heard. And the things I think I can verify tomorrow. You will see that -- that I think they made stupid moves. They have really bad advice from DEI people.

And they were set up.

To some degree.

They were set up.

The company was. Not individuals. The company was set up.

I think it will -- I think you will have every question you needed to know about Cracker Barrel and what happened answered.

WARNING: The Threat of Sharia Law in American Cities is Now a Reality

Texas is becoming the front line of a growing ideological struggle. While courts block the Ten Commandments from classrooms, public schools are opening Islamic prayer rooms as CAIR and other Islamist political groups gain influence across the state. Glenn Beck and Chip Roy warn that this isn’t about private worship, but rather a coordinated movement to weaken the nation’s Judeo-Christian foundations, undermine constitutional law, and smuggle Sharia-aligned norms into American institutions. As judges enable these shifts and political factions fracture, a broader conflict is emerging that most Americans refuse to acknowledge. Texas may be the battleground that determines whether the West wakes up in time.

Transcript

Below is a rush transcript that may contain errors

GLENN: We're talking to Chip Roy about the Islamification of Texas and the United States. What's going to be done. A -- a -- a -- a new attitude from Governor Greg Abbott yesterday. And a new proclamation that came out and said, enough is enough.

On CAIR and the Muslim Brotherhood. We're going to deem them terrorist organizations. We were just talking about what's happening with the Ten Commandments. And before we -- before we switch here, one more thing on this -- this Muslim thing. In schools.

You know, we can't have the Ten Commandments, Chip.

However, at liberty High School in the Frisco ISD in Texas, they now have prayer rooms for Islamic prayers.

How is it we can't have the Ten Commandments in Texas, but Frisco ISD public school, Liberty High School, can have prayer rooms, and nobody says anything?

CHIP: Well, first of all, this is the double standard of the left. But let's take a step back. What you just said out loud. Frisco, Texas. Frisco. My daughter was born in Frisco.

GLENN: Yeah.

CHIP: Has now got Islamic prayer rooms, okay? That should concern you.

GLENN: It does.

CHIP: And by you, I mean the listeners out there. Like, Texas listeners.

And, yes, the Ten Commandments case. It's judicial activism. The Supreme Court has upheld the ability to have the Ten Commandments displayed in public form.

Again, the Ten Commandments sits on the grounds of the Texas Capitol. And the case like I said, Ted Cruz litigated as solicitor general. Working for then attorney general Greg Abbott. Governor Rick Perry, and we won that case.

And I think we will be able to win that case, when it goes up, and it's no doubt, it's being challenged in the fifth circuit.

Then likely the Supreme Court would look at it.

With past presidents and say, we have the Ten Commandments.

Look, we have to decide who we are as a people.

And we got to start acting like it. Because this nation has been blessed because we are a Judeo Christian people who formed a country. That is a -- liberal, in the classical sense. You know, republic liberal democracy.

And we allow the full range of views to be discussed. And for people to believe whatever they believe.

And you and I will die on the hill to protect that. To protect the government over the mind of man. But we are also are a group of people that's bound together by a common sense of ideals, in our history, in our founding. And when you break that down, you will no longer have a country. And that's what we've got to -- you know, when those men --

GLENN: Go ahead. Well, you were saying a minute ago. You know, that should concern you, that there are prayer rooms in Frisco, Texas. It doesn't concern me that there are prayer rooms.

What concerns me, this is a coordinated effort to bring Sharia law into our country.

I don't care if you're Muslim. And you respect the Judeo Christian laws that we have. That's what our country are built on.

That's what our laws are based on.

And you say, this is a really great system. Because it allows me and everybody else to worship God of our own understanding.

When you're part of a movement to subvert that law. And to fundamentally transform the United States into something that it is not.

That's when I have a problem! And that's when we should stand up, but that's one of the things that CAIR does. CAIR makes anything that we have said, Islamophobia. And so they shout you down, and make you afraid and try to paint you as a hater.

I don't hate. I don't hate Muslims.

I don't. I do despise Sharia Law, and I despise anyone who comes here, and wants to supplant the United States Constitution, and replace it with Sharia law. That's -- that's a no-go zone.

No. Sorry. Not going to do it.

JASON: And the history of Sharia law. And the history of those inherent to it, which would suggest that that is the goal.

GLENN: Yes.

CHIP: And that's what we've seen borne out in countries across the world. So we should recognize that in carrying out our policies and these activist judges, and they are going to cede the ground. Okay?

In the name of the First Amendment, they are going to cede the ground with a supposedly secular society.

And, you know, essentially, genuflecting to -- the Bill of Rights, while walking away from God.

They're going to cede the ground for a world in which we are going to invite those who wish to destroy America, to have a front row seat right here to do it, and we've got to stop those judges.
And we've got to act. And so, you know, the House of Representatives should act on such an obvious case like Boasberg.

We should -- and I know that my religious liberty friends will do that on the Ten Commandments.

And they're going to be litigating that. And I will be quite confident the state will litigate that to defend the state law and defend the schools.

Then you go to the -- you know, redistricting opinion. Right? It's really extraordinary. I don't know if you read the scathing rebuke of the two judges. The -- particularly, the one judge, Judge Brown by Jerry Smith, right? Who was dissenting judge in the three-judge panel. So for those of you who don't understand, when you have a case on the redistricting issues. Right? It goes to a three-judge panel. And this three-judge panel, it was a two-to-one opinion, and it was a Democrat appointee. Appointed judge.

It was a Trump-appointed judge. Judge Brown. And then Judge Jerry Smith, who has been on the bench for a long time. Very respected, conservative --

GLENN: Thirty-seven years.

CHIP: Yes, and Jerry was basically cut out. They didn't do their normal deliberation. He wrote a scathing letter yesterday.

In addition to them filing a dissent. Because he was blocked out of the process.

It was an extraordinary essentially power grab by the two judges.

Just to run this thing through. I don't think the Supreme Court will take kindly to that.

I think that the stay application that will be filed with the United States Supreme Court. I think that by tomorrow. They filed the stay last night with the strict.

In the district court.

But I think they will go to the Supreme Court, with the stay, probably tomorrow.

That attorney general Paxton and Abbott to strategize for the timing.

But I think that's right.

And, you know, I think the you court. Judge Roberts, his faults on many opinions, has been pretty good on race. You'll remember, the Supreme Court opinion that -- that struck down the abhorrent, you know, language in section five that was unconstitutional, Voting Rights Act. And they cleaned that up.

And in that opinion, Robert said, that divvying us up by race was a distorted business. That was his quote. And I think Roberts will be on the right side of this. I hope so.

Because this is very clearly political exercise by the legislature.

The judges tried to indicate that it was racial gerrymandering. No! It's the opposite.

Texas is trying to undo racial gerrymandering, which we believe is unconstitutional on its face. You've got California out there, who is taking five of the nine Republican seats away.
So it's currently, what?

I think, what? 45 to nine?

And it's now going to be something like 50 to four? My numbers may be off one or two. It's crazy.

And then in Texas, we were kind of trying to rebalance it a little bit.

Add four or five new states. A lot of growth in Texas. And now, they will say, that that's somehow not profitable. Because we somehow are doing racial gerrymandering.

We're undoing I think racial gerrymandering with a politically motivated goal of having more Republican seats in a very Republican state. So I hope the Supreme Court sees this for what it is.

And issues a statement. You know, we'll have to see what they do.

GLENN: Let me take to you Washington again. This Comey thing is driving me out of my mind.

Because once again, here's somebody, that looks like they will not pay a price for anything.

James Comey. A judge has said that the government has screwed this -- this up. In gathering information.

And filing.

And so now it looks like the Comey case will not move forward. Any thoughts on this?

CHIP: Well, look, I have not had a chance to dive into this as deeply. I know that the district Judge Nachmanoff, or whatever the judge's name was. Pressed, you know -- this -- this opinion forward.

And, you know -- or I'm sorry. Not pressed the opinion. Pressed prosecutors. A hearing.

And I don't know what the exact result is going to be.

The Biden appointee. And, you know, we're -- we're going it to see what the result is.

Obviously, Comey, we believe lied to I think the Senate judiciary committee, among others. Under oath.

And that is, in fact, an indictable offense.

And so, you know, I'll go look and see what they're claiming in terms of whether the grand jury got to see the final indictment.

Or whatever these issues are.

Obviously, the former prosecutor is important. You have to follow the procedures.

GLENN: You have to.

CHIP: Do it right. But also can't lose the forest for the trees. I think Comey very clearly lied. And so, we're going to -- hopefully, this will proceed. That's about all I've got on that one.

GLENN: All right. Chip, thank you very much. If anyone wants to get involved in your campaign for Texas attorney general, how do they do it?
CHIP: ChipRoy.com. C-H-I-P-R-O-Y.com. You can follow me at Chip Roy TX on X/Twitter.

And, Glenn, always appreciate what you're doing out there. Thanks for being on the tip of the spear. And the forefront of talking about this important issue. About defending Western civilization.

And all the issues. I'm deeply appreciative.

GLENN: I tell you, Chip. I -- I've been saying recently -- I've been saying it for a while, since I wrote the chalkboard on what was going to happen, back on Fox days. And I said, all these people will gather. And then they'll sort it out.

Once they think they have it, they will start eating each other.

And they're starting to see that with the left now eating the Democrats. So Democrats are over. Now it's just going to be Marxists. But it will come down to the Marxists and the anarchists and the Islamists. And as I said then, in the end, it will just be the Islamists, against the Western world.

Because I would bet on people who believe something, much more than the Marxists.

These people have religious zeal. And they will -- they will eat the Marxists. And then it will just be western world against the -- the Islamists. And I think, chip, we are in World War III.

We have just not declared it yet. And people haven't woken up to it yet.

We are in the beginning stages. You will see history in 100 years from now. Will write, this is the 1930s, if you will.

This is the beginning of a world war, and nobody has caught up with it, yet.

Would you agree with that?

CHIP: Yeah. Glenn, I agree with you. You have, and you were a long time ago -- others have caught up to it. And, frankly, caught up to where you were. And, look, it is one of the core reasons I'm running for attorney general.

Look, I can keep doing what I'm doing up here. God blessed me the ability to fight and make changes up here.

We've done some good things.

Look, we have to preserve in the state of Texas. And the battle is exactly what you said. You can't win a war. If you don't even acknowledge that it's happening.

That's the problem. People are asleep at it. Again, like I said, it's what I last talked about. Because of the reality that you just said.

And that vast network, we have got to follow the money and destroy that network. It's an integrated, related network. You know it. I know it. I can promise you, smart people in Washington are looking at this.

I can tell you, I'm building teams in Texas, to look at this right now. And connecting those teams in Texas and in Washington. And other AG's offices, which is what I'll do on day one of AG. Frankly, once I'm blessed with the nomination, I will be working on it all next year. We will build the team, and we will fight to dismantle it.

Glenn Finally Gets a REAL Job: Cracker Barrel Biscuit Maker | Glenn TV | Ep 471

If this whole media thing doesn’t work out, Glenn can always fall back on his biscuit-making skills! Take a break from the apocalypse and enjoy some Cracker Barrel carbs made by everyone’s favorite son of a baker!