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.

ATF Whistleblower Reveals Where Cartel Weapons REALLY Come From

The Mexican government is suing US gun manufacturers for allegedly arming the Mexican drug cartels. But former ATF agent and whistleblower John Dodson tells Glenn that this is a complete lie! Dodson makes the data-driven case that it’s the Mexican government, not the US government or US manufacturers, that’s really responsible for arming the cartels. So, what can President Trump do to stop this? Dodson gives his plan …

Transcript

Below is a rush transcript that may contain errors

GLENN: John Dodson is with us. He's been with us before. He's the whistle-blower on -- on Fast and Furious. He's blown a lot of whistles.

This one, now, he's a former ATF agent. And he's far enough away from things, to where he can legally say everything that he knows. I think, everything he knows.

But right now, the Mexican government is suing our gun makers. I believe this started, and the seeds were planted by the Obama administration, on this one.

But I could be wrong. But they're suing US gun makers. And they're blaming us now. The tariffs are going up.

Why? Because unfair trade.

Let's just have regular trade with each other.

When you charge us, we'll charge you. But in the case of Mexico, it is also mainly about the border, at this point.

You have got to declare those drug cartels, enemies of the state. And terrorist organizations. And you've got to stop them!

If not, we will! But you've got to stop what's happening on our border. What have they done?

They're blaming us for the drug cartel violence.

I'm sorry. They're blaming our gun manufacturers for this. John is here to tell us the whole story.

The author of The Unarmed Truth. Hello, John. How are you?

JOHN: Hey, I'm fine, sir. Thank you so much for having me on.

GLENN: Oh, yeah. I appreciate it. So tell me what's really going on.

JOHN: Well, what's really going on is actually complicated. But the just of it is, the Mexican government is far and away, responsible for arming the cartels.

The data that I have seen. And the way that the eTrace system works. So ATF has eTrace, which is where firearms tracing is conducted. And if I can give you a brief backup on it, if you don't mind --

GLENN: Yeah.

JOHN: So the only way we can successfully trade -- I say we, I mean ATF. I'm retired now. But the only way you can successfully trace a firearm is if it has a US nexus. It was either manufactured here or imported into the US at some point. Either way, it's stamped and manufactured in the US. Or imported into the US by the company that gets them. So to say that all the crime guns successfully traced in Mexico are US-sourced firearms, it's kind of a rigged ball game. Because the only ones we can successfully trace are US firearms anyway. If a firearm was made in the former Soviet bloc or China or --

GLENN: We wouldn't have access to that. We're not tracking that.

JOHN: Exactly. We can't trace that. So it doesn't come back. The numbers are skewed from the very beginning.

Now, put on top of that, of the US-sourced firearms. And this is where it comes into, what's the motive behind it?

Is it ignorance, or is it deception?

So to say that the vast majority of crime guns recovered in Mexico are traced back to US sources. Okay. Again, we can only successfully trace those that are US-sourced anyway.

But you are not discounting those ones that were purchased directly by the Mexican government.

Now, I have worked on the border for the past 12 years of my career.

Especially in firearms trafficking. In Fast and Furious, I was in a firearms trafficking unit. Like, that is all that we were supposed to do.
And if you look at the data, from eTrace, it's -- like it's clear.

It's so clear. And by the numbers. The reports that I ran before I retired, every year, any 12-month period since 2010, until the day that I retired in 2023, whatever 12-month period you want to run, the Mexican government accounts for about 70 to 75 percent of the prime guns recovered in Mexico.

And these are direct purchases by the Mexican government, or government-to-government sales. From the US government to Mexico.

The problem is, those weapons are considered US-sourced. An ATF doesn't delineate, doesn't take those out of the numbers when they speak to Congress. Or when they release the information. They count them as US sourced firearms. So the American civilians firearms market is left holding the bag and blamed for the cartel violence in Mexico.

GLENN: So wait. Wait. Wait.

So Mexico is buying this from us. And I assume that that -- those -- those guns are supposed to go to the Mexican government to fight cartels, et cetera.

Are these guns -- are these guns going into the hands of the cartels?

JOHN: Yes. 100 percent.

And I think on the take is, most of the money that they use to purchase these firearms is provided by the US government.

The Mexican government says, well, we need help fighting the cartels.

So we give them money to purchase equipment and weapons. They buy these weapons directly from manufacturers. And I'll just say coal just as an example. Just because everybody is recommending. They'll buy two boxes of -- you know, error variance from coal. These are military grade weapons.

Two -- one goes to the Mexican military, one is diverted in the black market. Those ones in the black market are recovered in crime scenes, and substantively traced, and then that's counted as a US-sourced firearm.

When they released the data about all the guns in Mexico, they count that as a US-sourced firearm.

GLENN: So do we have the serial numbers to prove that they were purchased by the -- by the Mexican federal government.

JOHN: 100 percent.

GLENN: Oh, my gosh.

JOHN: If you look at the E-Trade data. One of two ways, it will come back. And there are several different ways that this happens. So the Mexican government, the ATF has issued different entities of the Mexican government FFL numbers. They all begin with a Z. It has a Z as a first character. So they can purchase directly from manufacturers. Right?

And so when one of those firearms are traced. The trace comes back and says, this firearm was traced on a foreign government or law enforcement agency. Then the other way of doing is if they fight the government, the government fails.

So the firearms trace comes back and says, quote, the firearm is a US military weapon, end quote.

So those are weapons purchased by the US government. And then sold to the Mexican government, in order to support their effort to see the fight the cartels.

But, in fact, the vast majority of the guns that are being recovered in Mexico. Are stemming from these direct purchases by the Mexican government. And I'm not just -- it's at least 70 percent.

Every year that I ran it. And I've run it religiously, until the day I turned my computer in, and retired. I ran it. And it was 72 percent on that day. And it's always been 70 to 75 percent.

GLENN: So we're talking to John Dodson.

He is a former ATF agent. He was a whistle-blower on Fast and Furious. He's the author of The Unarmed Truth.

And we -- I think you were on the air. And we talked about this, and we talked about how the ATF was targeting and harassing whistle-blowers who were testifying in front of Congress.

And I think you made a slight reference to this.

But you couldn't talk about it. Or wouldn't talk about it. What's ranged?

JOHN: Well, if you remember, there was a different administration at the time.
(laughter)

GLENN: Okay.

JOHN: I was definitely worried about being prosecuted. For describing this information.

GLENN: All right. All right. So who is -- when they were doing this, is this because the Mexican government is the drug cartel?

The Mexican government is afraid of the government cartel?

Who is really afraid of pushing the government to sue our gun manufacturers here.

JOHN: Well, and those questions are what I refer to as echelons above Dodson.

Okay. So best-case scenario, the Mexican government doesn't know.

The current president of Mexico. The former president.

And the one before that, doesn't know.

They only know the data, that the ATF has released, that all these firearms are US-sourced firearms. And, therefore, they blame the US and firearms market. That's the best-case scenario. Then you have to make the argument. Or at least ask the questions of, well, why don't they know the freaking truth?

If they're buying all these guns. They're not getting them all. It's variations of the black market.

Why aren't they afraid of that?

GLENN: Well, you have to ask that of the Ukrainians too. I digress.

JOHN: That's a whole other issue. I can only imagine.

GLENN: Oh, my -- oh, my --

JOHN: So the Mexicans, either they're willfully ignorant. All right?

Or it's entirely corrupt. Either way, but what frustrates me the most, is especially now, during these current negotiations with the Mexican government over these tariffs and things like that.

Every time, you -- you hold them to account for something, the first response is, well, you have to stop the, quote, flow of firearms, end quote. You have to stop it.

And it's so hard. When we're negotiating. When we're negotiating with facts that aren't true. That aren't accurate. Or at least are disguised in a way, where they don't have the true story.

It's not fair to the American government. It's not fair to the American people. And it's not fair to the Mexican people at all.

GLENN: Okay. So then why don't we do this?

Because you can buy guns elsewhere, Mexico. Why don't we do this. If Trump knows this, and I don't know if he see, if Trump knows this, why doesn't he say, you know what, you're right.

We will stop all guns from crossing the border. You can no longer buy American arms. I know that would hurt the arms companies here's in America.

For maybe a year.

JOHN: Right. Right.

GLENN: But then things change, and the truth is out.

And Mexico doesn't want that. Why wouldn't he just say, okay. We'll stop all the guns coming across the border.

Buy your guns elsewhere. For the next 12 months. And let's see what happens.

JOHN: Well, I will be honest with you, because I don't think they know. That's part of the reason, I'm talking to you.

There's no way to tell them. They'll call ATF. And ATF will say, oh, yeah, 80 percent of the firearms are US-sourced firearms, but they don't take into account the direct purchases by the American government, or the government fails.

So whoever is handling negotiations with Mexico. If they would sit down at the table, and say, hey, we need you to work on fentanyl. And border crossings and border security and things like that. Then Mexico will do what they always do. Which will say, well, you have to stop the flow of firearms. Okay. Give me one second.

I just rescinded all the export licenses for your government, to purchase firearms directly. I have revoked the foreign FFLs of ATF, and I have cease and had desisted all government to government sales from the Department of Defense and the State Department there. Instantaneously, I have cut over 70 percent of the crime being supplied in Mexico.

So now, Madam President, it's your turn. What are you going to do? Put up or shut up.

GLENN: That's brilliant. Have you talked to anybody in the administration about this?

JOHN: No, sir. How does anyone talk to the administration?

GLENN: All right. Do me a favor. Give me a white paper on this, and you tell me who it needs to go.

JOHN: Okay. I have been pounding this for years. I have brought this to the attention of my ATF supervisors, as far up the chain as I could go. I even physically handed the printouts, the documents, the data to the highest-ranking DOJ official in Mexico City at the time, and nothing ever happened on it. And, again, this is the previous administration.

GLENN: Well, you don't expect anything from that, but I expect something from this.

So give me the names of who it should go to, and give me the best, sharpest white paper on it. Don't overwhelm with facts. Give me the, you know, executive summary on the front. So it could be understood and explained.

And then give me all the facts after that. I'll have it delivered to the right people. And then I'll -- I'll give them time to read it and digest it, or their people to digest it, and then I'll ask for an answer. What happened here? Why aren't you doing it?

JOHN: I have no problem with that, and I will work on this immediately, this afternoon.

In the meantime, sir. And I want to tell you, I know there are a lot of ATF agents that listen to your show. And people probably in the administration don't have to take my word for it. You can call any ATF agent. Someone in the administration calls the field office. Don't call headquarters. Call the field office. Call any ATF agent that has a trace account. And say, hey, I want you to run a report for me. Log on to e- trace, on the right-hand side, to generate a statistical report. Click on that. It will automatically go to your work code.

Change that default to recovery location. Put in Mexico, and put in any 12-month time period that you want. And you will see. The data is clear on this issue.

All right? The Mexican military is the number one source of supplying crime guns to Mexican cartels, hands down. And I mean, exponentially so. When you see the data, it will -- like, it -- it's -- it's flabbergasting.

GLENN: John, give me the data and get me those -- that white paper on it.

An executive summary. And I will -- I will get it -- I will get it to them. As soon as you give it to me. I will turn it right around, to all the leadership.

GLENN: Thanks, John, I appreciate it.

God bless.

John Dodson.

The unarmed truth.

If you're an ATF agent, if you can do that. You can verify what he's saying. Call us.

I would love to hear from you.

Mexico, is suing us. They're suing all our gun makers here in America for $10 million. No. I don't think so.

It's going to the Supreme Court. I think the Supreme Court will say, you don't have a leg to stand on.

Again, it's the same kind of corrupt mentality, of the last administration.

You know, of not actually addressing the issue. But going after little pet peeves.

And going after our guns. And our rights to guns.

Yes, Trump CAN Deport Green Card Holder Mahmoud Khalil for Protesting

ICE has arrested pro-Palestinian activist Mahmoud Khalil, a green card holder, for allegedly helping organize anti-Israel, pro-Hamas protests at Columbia University in the wake of the Oct. 7, 2023 attack on Israel. But now, some are claiming that the government has violated his right to protest. So, do green card holders have this right? Can the Trump administration rescind his green card and deport him over this? Glenn makes the case that YES, it can.

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Now, while we're talking about enemies of the state, let's talk about the enemies within.

There's this big debate over the green card thing. I've got a green card, so I can disrupt. No. No.

This is about Mahmoud Khalil. He's a green card holder, that is now facing being deported. Because he is a guy sowing the seeds of dissent, of violence. He is the guy who was responsible for much of the bad stuff that was happening at Columbia University.

And now, Trump, he's going in with immigration. And he just hates everybody. That's different.

No. No. That's not what's happening here. This guy is not a citizen. Not a citizen.

He was leading the protests. Really, violent, awful, ugly, anti-Semitic protests, at Columbia University. Not just anti-Semitic. But leading towards the whole Islam is great, we should have Sharia law kind of ideas.

This cannot be tolerated here in America. He holds a green card. What is that? That is a ticket. A golden ticket, to live and work in America.

But just like Willy Wonka, you can be ejected from the tour of the chocolate factory, at any time. There's some fine print there, that you might want to take half glasses. And read half of the contract like they did in Willie.

It's not a passport. It's not citizenship. So let's look at this.

You're handed a guest pass, to the greatest estate on earth.

Okay? The greatest estate ever built. Marble floors. Golden chandeliers. It's the greatest.

Nobody ever thought that it could be that great, but it is.

The view that stretches on forever and ever.

And you've been invited to sit at the table.

Have some wine. Live some life.

But you don't own the deed. The owners are being very, very generous. And they said, stay as long as you want. Now, honor the house. You have to live by our rules. Honor the house.

So you've been invited to sit at this table, eat your fill. Live like you're somebody that is part of the family.

But then you start smashing the windows. You tart, you know, whispering to other members in the House, about, this place is bad.

This place has got to go. We have to leave this place. How long before that key is snatched from your hand by the owner?

And who in their right mind would say, you can't take the key from him.

No!

If you're a family member. If you care about the house, no one would say, Dad, you're being a little unreasonable. He was only trying to torch the kitchen and the guest wing.

No!

He's a guest.

And that's where we are with this guy, and so many others!

Every green card holder, that mistakes privilege for a birthright, you're in for a surprise! There's a new sheriff in town.

There's a new sheriff in town. He's great. We love him. It's a revocable lease. That's what that is! It's not a title! You're not Lord of the manor.

He's got a revocable lease with you!

And here we are, today, we're all like, I don't know this.

I mean -- he should be able to sew chaos and terror. Spread all the anti-American seeds he wants!

No!

He cannot. Here's why: A green card will make you a permanent resident. Legal.

But not a citizen. You don't vote, you don't sit on juries.

By the way, those two things are responsibilities. Not rights!

So you have no responsibilities as a citizen. Which means you have no rights as a citizen.

And if you step out of line, you get sent back.

The Constitution wraps its arms around citizens. Freedom of speech.

Assembly, all of that. Noncitizens, no!

There's an embrace there. But it's very, very, very loose. Supreme Court, made a rule, back in 1893, when I was just a kid with Fonguting.

Wait until you hear the story of Fonguting. Very exciting case.

I'll start there in 60 seconds. First, here's a simple truth that people used to know. When -- when something like the power grid fails.
And, oh, it will fail!

It will fail!

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(music)
Well, back in my take, in 1893, there was this young whippersnapper called Fonguting.

And he went -- his case was taken to the Supreme Court. I won't bore you with all the details, because I was too bored to really read them.

But I do know that the outcome is Congress can deport noncitizens at will. There is no right to stay here. It doesn't exist. You break the law. You threaten the nation.

Buh-bye. That's not cruelty. That's the rule book!

So this guy, kicking him out, that's not cruelty. That's not a tragedy of his rights being violated.

He has no rights!

It's privileges, revoked.

Not rights. Privileges!

Now, think about this again. You're inviting somebody in your home. You're welcomed to the couch. You can have all the coffee you want. You have the peace and quiet. But if you start carving up the furniture or plotting to burn the roof off. I don't owe you a bed anymore, or matches to light the fuse.

Period. America is exactly the same. We have flung the doors open, so wide, millions walk through.

And I'm happy about this, to chase their dreams. But that comes with this deal. Don't tear down!

You don't do that. You can't take the things that are holding this whole thing together, and start taking the beams down. You can't!

You're not a citizen. You know, if you hate the beams. You're really rude. But you're also a massive risk. Get the hell out of here. And, by the way, I think we have enough cracks in our foundation without hanging out free hammers. I don't know about you.

But, hey. We shouldn't give hammers to anybody that comes in here. We should take those hammers away.

So if history is a teacher and that teacher has got some scars to show you, this isn't about free speech.

Because that's sacred for you and me. We're citizens. You're born here or you swear an oath, you have skin in the fight, you can rant, you can rave. You can burn flags if you want. That's your call.

Your family, you've earned the voice!

Green card holders. You're our guests. You know, you want to do whatever you want. That's fine.

Get the hell out, period.

We have to guard the gate. You see what's happening in Europe! It's not good. It's not good at all.

We cannot go down that route. Green card holder, you're preaching terror. Buh-bye. Stirring chaos. See you later. Spitting on the values that opened the freaking door for you?

Buh-bye! Want to stay? Build, don't burn. Period.

THE GLENN BECK PODCAST

Kid Rock’s WILD White House Dinner Plan to Unite America | The Glenn Beck Podcast | Ep 248

You can go to https://pbrworldfinals.com/ to buy tickets to Kid Rock’s Rock N Rodeo and the PBR World Finals this May in Arlington and Fort Worth, TX.

“Make America Fun Again,” says the one and only Kid Rock in a sit-down with Glenn Beck, marking the beginning of what looks like an American comeback. From the popularity of Kid Rock’s new Rock N Rodeo venture with the Professional Bull Riders to his MAGA-rally-style concerts touring the nation, the pair believe we may be watching the revival of the “American Bad Ass.” Sitting together in the Cowtown Coliseum as Kid Rock smokes a cigar, they celebrate the “independent spirit of rock 'n' roll,” which traces back to the cowboy, with Kid Rock declaring, “America owns that cowboy culture.” After lamenting the “pussification” of America, wondering what really happened with Epstein and Diddy, and breaking down why Kid Rock described himself as “socially liberal” until the “transgender stuff,” they discuss how Kid Rock balances his rockstar persona with his real life. “I’m Jekyll and Hyde,” he admits. But Kid Rock is comfortable being an enigma and embraces nonconformists like Elon Musk, calling Musk’s new AI chatbot “genius.” In the end, they agree that it’s time to “unite this country,” and Kid Rock reveals his wild plan for a White House dinner party with Trump and someone you would never expect.

How to Explain Trump's Tariff & Ukraine "Chaos" to Your Friends

Half of America is panicking over President Trump’s tariffs on Canada and Mexico and his handling of Ukrainian President Volodymyr Zelenskyy. So, if you have friends or family members who are very skeptical of everything Trump is doing, Glenn breaks down how you can explain it. Are Trump’s moves just chaotic? Or are they a deliberate plan – provoke, pressure, prevail – that is similar to Ronald Reagan’s “Evil Empire” strategy?

Transcript

Below is a rush transcript that may contain errors

GLENN: Several top officials, including the highest ranking legal officer at act blue have reportedly jumped ship in recent weeks. While those who remain are allegedly stuck dealing with a culture of volatility and toxicity.

In a letter to Act Blue's board of directors, obtained by the New York Times, unions representing the workers, identified seven officials who recently quit, and stressed the alarming pattern of high-level exits.

Senior staff departures reportedly began on February 21st, 2 weeks after the organization reportedly provided Congressional investigators with an update regarding Act Blue's security, their fraud prevention measures, and related procedures.

Act Blue, we have known, is I believe, appears to be a money laundering system for the left. And there's a lot of money going through there.

I don't know if DOGE will find any connections to act blue. But I wouldn't be surprised. Why are all these people leaving?

Because they know this game is over. And that's why people are freaking out in Washington.

They are freaking out in Washington, because they know the game is over!

Now, there are those people that are in the government. That believe that they're doing the patriotic thing. Because they believe that they know better than you, the people who elect presidents, or the president himself.

You would not want this, if it was your guy in office. Right?

Why wouldn't you want it?

Why wouldn't you want a bunch of -- let's say Republicans, that are in the Deep State, that didn't give a flying crap what Joe Biden said, and wasn't executing his plan! Why wouldn't you like that? You wouldn't like that, because that's not what the people voted for! The people voted for the president. Not for these unelected bureaucrats, that are faceless, nameless, and have complete control, apparently over your country, and your life!

No!

You wouldn't like it.

And I talked to some people this weekend, that are very upset about Zelinsky, and how the president treated Zelinsky. You've got to watch the entire thing.

People who are watching the clip, to when the vice president steps in and says, hold on here.

That's where people start. That's not the beginning. There's 20 minutes prior to that. Where Donald Trump and J.D. Vance were trying to disarm Zelinsky.

Trying to get him to, hey. Hey. Hey. Not appropriate here. Stop!

But it took him 20 minutes before J.D. Vance snapped, and said with be just stop it.

So you have to inform yourself. And not just the clips.

I am -- I am a little uncomfortable by the way the tariffs are going, with Canada and Mexico.

Not so much Mexico. But definitely Canada.

Mexico is just a -- I'm sorry.

But it's just an absolute corrupt country.

And they have got to get control of those cartels. And we have to get control of those cartels as well.

And make sure we're not doing business with any of the cartels. Which I'm not convinced we're not.

But Canada is one of these countries.

Come on!

It's Canada. It's Canada. We've always liked Canada. Canada has always liked us. Okay?

There he is, a $1.2 trillion online with our trade relationship. Okay? And everybody said, oh, my gosh. This will have a ripple effect.

It will just cost everybody. And, you know what, it might. It might.

I don't know. It might.

On the surface, it is really tempting to see what everything that Donald Trump is doing, as chaos.

He's just swinging, at everybody.

And he's hitting our friends. And he's hitting our supposed friends.

And he's just taking out everybody.

But that's not really what's going on.

And I want you to understand this. So you can share this to your friends and your family, who maybe are freaking out.

We're pissing off Canada. I know.

I don't like it either!

I don't like it!

But it's not chaos. It's a strategy.

And you are dealing with the best negotiator, America has ever had in office.

Ever!

And this is the strategy, that people in America, elected Trump to execute.

Now, maybe your friend didn't. Or your family didn't.

Because they didn't vote for them. Okay. But the majority of people did, okay?

Electoral college, and the popular vote!

And the county swung by 20 points, to the red!

So this is a mandate. It is a movement. And it's not like ear presidents, that are like, you know, I'm -- I'm going to be just like you, when I get in. I'm going to fight for everything that you're saying you will fight for.

And I'm just like you.

Boy, that thing that I don't even address ever, but I love what you're saying there. But I have your back.

And then they go in, and don't have your back.

That's not what happened this time! First of all, people didn't vote for Donald Trump, like they voted for Joe Biden.

Joe Biden they voted for, because it wasn't Trump. Okay?

That's not what happened this time around. When you vote for somebody who is not the other guy, well, what is it you're getting?

In that case, you've got, I will make your boy a girl!

Nobody was for that. Nobody voted for that. Maybe extremists. But we didn't even know that was even coming our way, until what?

Six months, or eight months into the presidency.

And then all of a sudden, DEI.

ESG, all of this stuff was a big story? People didn't vote for that. They did vote for changing the direction of America. They were tired of corruption. They're tired of bureaucrats, telling them how to live their life. Where they didn't get to vote on it. They're tired of being screwed by other countries.

I just -- we just want a fair and balanced playing field.

I don't like tariffs.

I do like reciprocal tariffs.

You put a tax on our milk.

We'll put a tax on your milk.

You don't want a tax on your milk. Then don't put a tax. And we won't tax you either.

I like that!

But that's -- what we're playing now, is people just think, we're going to take out Canada.

I want you to think of this differently with your friends.

And maybe your friends won't like this example. But it's true!

When Ronald Reagan stood up, it was, I think it was in March of '83.

And he's just gotten in, and he's standing, I think it was at a breakfast or something. And he stood up and he said, and Russia, the Soviet Union, is an evil empire.

And everybody went, oh, my gosh. He just said an evil empire. I'm so scared.

And everybody, even people who liked him, were like, don't say that. They'll nuke us.

And he's like, no. We'll never beat them. We cannot do. Now, listen to this. We cannot continue to play the game, the same way, we've been playing it for 50 years. Because it's not getting us anywhere.

In fact, it might be hurting us.

We know, with all of our foreign policy, that we've done, getting us into endless wars. Spending all kinds of money. Racking up a debt of $35 trillion, not knowing what the truth is. Because the government is no longer transparent.

None of that works!

None of that works! And that's what Donald Trump was -- was saying. And that's what people voted for. A change!

I think that's what people actually voted for, when it came to Barack Obama.

Because all of this transparency. Everything was opaque under George W. Bush. We're like, wait. What are we doing there? Why is it -- I don't want necessarily these never-ending wars, and now I have got people checking my underpants at the airport. What are we doing? That's why they wanted change, transparency. They wanted change, but he never defined the change.

Donald Trump was very clear. Anybody, who didn't know that massive tariffs were come, they just weren't paying attention.

Okay. When Reagan did it, it wasn't just a slip of the tongue. It was deliberate. It was a public shot across the bough! He did it in public, because he wanted to change the world.

And while everybody else was going, oh, my gosh. And critics, Democrats, everybody.

He's going to -- it's going to be catastrophic! He's going to get us nuked by Friday.
All the squirrels will be dead. The squirrels are going to be -- what? Reagan wasn't playing for the applause. He was playing to win. His words were backed by a military build-up and unrelenting pressure, and it forced the Soviets to confront their own fragility. They couldn't do it! By 1989.

Remember, it was 1983 when he said "evil empire."

And we were -- we were at -- at equal terms, in the world. We were both world superpowers, that could annihilate the other one at the drop of a hat. That was 1983. Evil empire.

By 1989, the Berlin wall was rubble!

All because Reagan had the balls to say it, and then not blink! Now, we could have been vaporized.

Yes. But if you want to change the world, you're going to have to -- I have this saying, that somebody gave to me, a long time ago. And I live my life by it. Risk big, win big. Risk big, lose big. Just know the odds before you put your money on the table. That's why I don't like Vegas.

I know the odds resident in my favor.

Yes. I can risk big. But I probably will lose big. Because the odds are not in my favor. When it comes to Ronald Reagan's Soviet empire, he had a plan. And so the odds, he knew, were in our favor. The same thing with Donald Trump. We can't afford a trade war, but neither can they!

So let's all play nice with one another.
Shall we?

This is the same kind of leadership that Ronald Reagan had. They -- we elected Donald Trump to fight!

To take on a global trade system! To take on the deficit, and the spending.

We can't fire all these people. It's causing all kinds of chaos.

Wait. Are you okay?

Honestly, are you okay with a good portion of our money, raised in taxes. Going to pay for salaries and benefits the way it is?

We have 6 million plus employees! For what? For what? When you see how corrupt it is, why? Can't we return some of that power?

Well, you can't cut the Department of Education. Why not? He pledged he was going to. He told everybody on the campaign trail, he was going to. And then when he tries, everybody says, why? It doesn't work. Show me the evidence, that it works!

Well, you're just going to leave all of the poor children out to educationally starve. They're starving to death, right now.

They can't read!

When you don't teach children to read, they become slaves to whomever can read!

How is that compassion?

How is that good?

How is that something you want to preserve?

It all comes down to one thing. And this is what you're actually fighting, and I'll explain it to you in 60 seconds.
(music)

Deep in the quiet of a mother's womb, if you listen carefully, there is a voice. Not that one. It's -- it's a heartbeat. It's saying, there's life in here! I am made in the image of God. Just like you.

Our culture hasn't spent very long, you know, actually listening. We've been plugging our ears because we don't want to hear that voice.

Some people don't want to hear -- it's inconvenient. Expectant mother, especially the desperate, often choose to silence that voice. They don't even want to think about it because they're desperate.

Instead of looking at people and saying, you're a baby killer! Why don't we look at people and say, how can we help you hear that voice? That is exactly what this organization does, that will help you.

It will help these women hear that voice.

Because they offer free ultrasounds to expectant mother. The organization is Preborn.

At least half of the time, that's all it takes, to convince a woman, she's carrying a living human being. And she will change her mind.

However, the other big obstacle is, I can't. I don't have any support.

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(music)
So let's just look at Canada and the tariffs here for a second. 270 percent tariffs on our dairy imports.

$40 billion for, you know, in goods surplus. That's not a quirk. You know, Donald Trump keeps saying this. And people don't realize this is true.

The EU was designed to be able to compete against the United States. Okay?

They are economic competitors. That doesn't mean they're enemies. The same thing with Canada. And when you're the rich person, believe me, look at how people look at rich people.

They haven't paid their fair share in taxes. That's the way they view us.

Okay? We pay more for our medical prescriptions here in America than they do overseas. Because we even view ourselves, politically, when the people in power actually have anything to say about it.

They are like, well, they're the richest country in the world, so we should pay more. No!

Should somebody defend us as well? That's what Donald Trump is. Here's what this boils down to.

It boils down to your friends are not paying attention.

Because they've already made their mind up, about Donald Trump.

They don't know who he is. Okay? Did you like it, when -- when you went over, and he was like, yeah. That little guy, missile boy. And he was saying that about Kim Jong-un who had his finger on a launch button. You're like, okay.

This isn't good. What happened?

What happened?

We won!

And he got American citizens, that were being held hostage, out of there.

All of a sudden, he's friends with him.

No. He was just calling him, you know, rocket man. Just like ten minutes ago.

This is what he does!

This is how he negotiates!

It's -- it's his playbook is provoke, pressure, prevail.

That's what it is!

So people are just afraid because it's a different approach.

And nobody likes to upset the -- it's like -- can have you ever -- I'm a horrible negotiator. I go in to a buy a car, I don't even go. I send a friend in, because I'm like, I can't negotiate. I always feel bad.

I'm like, I don't know. I don't want to screw you.

Horrible. Horrible. So I have a good friend, who goes in. Robert, my brother. He goes in, and he negotiates.

And he loves it. Okay? Because that's the game they play all day. And they know you don't like it!

And you're like, I don't want -- I just want everything to be fair and nice and happy. No.

When you're negotiating. You bring the biggest dog to the negotiating table, you can get!

Somebody that knows how to play their game, as well as they do, if not better.

And doesn't blink! That's how get a good deal. That's what Donald Trump is. And you're the person like me. In the car dealership, going. Well, but no.

He doesn't really mean that. I don't know. Maybe he's had a really bad day. But I -- Mr. Car salesman. I appreciate your family. I don't want your family to starve. They're not going to starve. This is the game they play! And nobody likes to play that game!

That's I couldn't hire someone like Donald Trump. To come in, and play that game.

Your job is to not freak out. Because if you freak out, the other side sees the whole family sitting there, squirming. And then they just look at you, like, really?

Can you believe this guy, who is negotiating on your behalf?

He's a monster.

And what happens? The family starts to squirm, and they blink!

Don't blink. You may not like the style, but this is what we voted for! Complete change!