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EXPLAINED: A possible banking CRISIS & what YOU should doplay icon
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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Yeah. It will have breakdowns. That old engine. Yeah, it's going to have breakdowns. But if it's not a computer chip, it may not break the bank.

But those things that are computer chips.

The big, big repairs. They could -- they could just sink the whole family.

I have medical insurance. Because I know if somebody in my household has cancer, it could destroy the whole family.

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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.

Why Biden's Corrupt Pardons CANNOT Stand... And Why it STILL Matters!play icon
RADIO

Why Biden's Corrupt Pardons CANNOT Stand... And Why it STILL Matters!

A new wave of sweeping “pardons” has triggered one of the most urgent constitutional alarms Glenn Beck has ever raised — not because the individuals involved are controversial, but because the actions themselves may not even qualify as pardons at all. Glenn Beck breaks down how these broad, immunity-style declarations can bypass investigations, rewrite laws by fiat, and push executive power into territory the Founders explicitly warned against. With mass clemency increasingly used as a political shield and executive actions replacing the legislative process, America is drifting toward a model of governance that no longer resembles a constitutional republic. This episode exposes how the pardon power is being stretched beyond recognition, why Congress has surrendered its role as a check, and what must happen before the nation crosses a point of no return. The question now is unavoidable: Who will stop this before the Constitution becomes optional?

Transcript

Below is a rush transcript that may contain errors

CALLER: I wanted to talk about the pardons. Hunter's pardon was legitimate. He was actually accused of a crime. I know you're plugged in with the president. I haven't heard anybody say this anywhere. I have been watching everything.

These pardons. Forget the auto-pen. The auto-pen doesn't even matter. Because these were immunity deals. These were not pardons. None of these people were under investigation. None of these people had any crimes they were accused of.

So you can't pardon somebody for something they may have or may not have done. That's an immunity deal.

Again, I've watched everything. I don't hear anybody bring that stuff -- I don't think the auto-pen matters. I just think those things are null and void from the jump.

GLENN: Who --

CALLER: Like I said.

GLENN: Who do we have besides Mike Lee? Because Mike is always hard to get a hold of at this time. He's like, I'm working on Senate stuff, Glenn.

Who do we have that is a Constitutional scholar that we can call real quick, and see if we can get an answer on that before the end of the show? At least put a call out to Mike Lee, will you?

But I would like to know that happen at that. Because the president has. And Stu and I have talked about this for a while. This has gotten out of control. These pardons are out of control. Out of control.

It's something Constitutional. It's been there since George Washington. The President has always had this right, and it's a privilege of his. But you're right.

These things where, wait. I can't investigate this? What that does is if you're as a president doing something that you shouldn't be doing, all you have to do then is say, I pardon everyone in my administration for anything that they might have done wrong.

That can't stand. You're absolutely right on that.

STU: Yeah. You have the immunity deal. Which again, I think is -- I don't see -- I don't see how a pre-pardon is even possibly covered.
Like, it's just such an insane concept.

The way that Biden. He's right that Hunter Biden actually committed a crime and pardoning him from that in theory, obviously, outside the family interest was the way that that was supposed to work.

But they also pardoned him for multiple years of question marks, whether he committed crimes or not. Right? That was all included on that.

To go a step farther on this, I am on a bit of a personal jihad against the pardon. I'm done with it. I'm done with it personally. There's reasons the Founders were very, very smart. But the Founders were smart enough to also have a process for Constitutional amendments. And I would support one, getting rid of the part in power completely. I'm done with it.

GLENN: Wait, may I just interrupt for a second. I just want to point out. We now have verification, not only is Stu a Canadian spy, but he's also a hidden Nazi. Noticed the word he used, jihad, which translates to my struggle. Hitler's book, My Struggle, Mein Kampf. I just want to point it out.

JASON: Exposed.

STU: Just to be clear, I'm not planning a genocide on the power of pardons.

But I'm against it, strongly. But the other part I would say that I think is every worse and is never discussed, are these types of pardons where they say, you know, all marijuana crimes. They're -- everyone -- there are 17,000 people.

That is just you legislating. If I wanted to New Jersey and say, hey.

I think marijuana should be legal. I could theoretically be president.

Saying, everyone convicted of a marijuana-related crime is now pardoned.

And that's just you making laws. It's you going completely around Congress. And the entire process we have there.

At the very least. It should be massively restricted from the way it's being utilized. Not only -- several presidents in a row, I would argue.

But it's -- it should just -- I think it should just go away completely. It's the most king-like power the president has. And it doesn't make any sense to me.

GLENN: Yes. Yes.

So I'm looking this up here.

Barack Obama did this.

He gave clemency for anybody who was convicted of a non-violent federal drug crime.

With no significant criminal history, while serving extraordinarily long sentences. And anybody who was a violent offender was not eligible.

And it was -- it wasn't a -- a true mass pardon. But it was pretty close to it. You know, it was -- it was mass in scale, but not blanketed.

STU: Right.

GLENN: And I think there were like 2,000 people that he parted on that.

STU: It was a law. Creating a new law.

GLENN: Yeah. You're saying, oh, by the way. That law that I personally disagree with.

We're not going to -- it's gone.

STU: The whole law doesn't count at him. We have a whole process to make laws. When someone -- when they pass a law, you can't say, eh. And shrug your shoulders. And say, I don't particularly like it.

And for some reason, that's the way the pardon power has been translated.

GLENN: The problem is the President can. The President has just always had the restraint not to do that.

STU: Right.

GLENN: Because it was bad for the country. And bad for laws.

You know, you don't just -- you don't do this. We're becoming more and more of a king. In our administration.

And it's not Donald Trump.

This has been about to go for a long time.

Barack Obama I think got really, really bad.

But this was going on before him. Obviously.

But Barack Obama kind of set something off.

And then because we couldn't get any legislation passed. We had Donald Trump try to do executive orders, to combat Barack Obama's executive orders.

Then Biden did it. And Trump. It's got to stop.

Because here's the problem. One of the things I said in our special on Wednesday.

Which was, biggest stories of the year.

And predictions for next year. I said, you will start to see rolling brownouts in places like Texas in 2026. Texans, wake up. Wake up.

But you're going to start to see rolling brownouts. But I also made another prediction. And I've just lost what I was going to say was the prediction.

Oh!

This massive swing. We're getting whiplash.

You can't -- you can't run a country like this.

You can't run a country where it's all being done by executive order.

Because look, we were all the way over to one side. When Trump was here. Then we swung way farther than that. With Biden.

Now Trump is bringing us back this way. If you don't pass laws, it's just going to swing.

And you can't -- you can't run a country like that.

This has got to stop!

We have to pass laws. Congress must do its job.

Why the Australia beach shooting should terrify EVERYONEplay icon
RADIO

Why the Australia beach shooting should terrify EVERYONE

Two shooters opened fire on Bondi beach at a Jewish Hanukkah celebration. Glenn Beck reacts to this horiffic act of evil and also to the heroic act of a man who tackled one of the shooters.

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me just cover the headlines really quickly: Brown University, yesterday, there was a shooter. Two are dead. The only one that has been named so far is the Republican Club Vice President Alec Cook. There have been nine that have been injured. They thought they had the shooter. But turns out, it's not him. He has been released. And there's just some questions on this one that are weird.

Also, al-Qaeda struck and killed US soldiers over the weekend in Syria. There will be a military response to that, I am sure. And yesterday -- yesterday, on the beach, Sydney's eastern suburbs. Sydney, Australia, it's summer there. There's locals. There are people that are coming from all over the country, all over the world, for the warmth of summer and the community celebration of the first night of Hanukkah. The rest of the world is the darkest days of winter. On the other side of the globe, it is still sunlight because it is in the middle of sunlight. But it was a dark, dark day yesterday despite the sun being up.

There were families with children. They were chasing the waves. The smell of grilled food that was drifting across the sand. Music, conversation, laughter in the air. And then around 7 o'clock, laughter was replaced with screams of terror. Two men dressed in black and armed with high-powered firearms positioned themselves atop a small concrete pedestrian bridge. It arched over the Campbell parade near the Bondi pavilion. They stood on top in the center of this bridge and rained bullets as they fired into the crowd. Shots rang out. Astonished the crowd.

VOICE: Get down. Get down. Boys, get down. Oh, my God.

GLENN: It just went on and on and on. Thousands had been gathered for Hanukkah by the Sea. They're now ducking for cover. Some trying to push children to safety, others frozen in disbelief as friends and strangers alike fell all around them.

The carnage was unbelievable. For ten minutes, these guys fired off this bridge. The beach, usually alive with surfers and sun seekers, just transformed instantly. Bodies were trampled. Frantic dash for some sort of shelter and protection, as the waves just continued to lap innocently at the shore while people were screaming for help.

Now, in the chaos, there were acts of individual courage. A fruit vendor, later named by the media as Ahmed al-Ahmed. He saw one of the gunmen firing his weapon. And in a moment of pure resolve, he vaulted from behind a nearby car, tackled the shooter from behind, and wrestled the rifle away. It was an unbelievable scene. Witnesses say -- and it was all captured on tape. There he is. Witnesses say, his bravery likely saved countless lives.

Police arrived, they started shooting at him. They shot at the two that were up on the bridge. They wounded both of them.

15 people had been killed by the time it was over. Dozens wounded. Young children to the elderly. Cherished members of the Jewish community, including Rabbi Eli Schlanger, a British-born assistant rabbi. He helped organize Hanukkah by the Sea.

The beach won't be looked at the same ever again. As the suspects went down, people from Australia just ran up on to the bridge.

And what I thought was an amazing, amazing moment that spoke volumes of our culture! The police were on top of these men, trying to administer care to keep them alive. While citizens, understandably, came up on the bridge and just started kicking them.
Police jumped on those people and pushed them away. And said, stop, stop, stop. And they did.

Because we're not a culture of death. First suspect, 50 year old, Sajid Akram, 50 years old. He's a dad. The second suspect is his 24-year-old son. Both in critical condition. Now in the hospital under police guard.

Let me ask you to imagine just for a minute, what it must feel like to be Jewish today. Not in theory. Because we -- we had an incident stopped in Amsterdam over the weekend, in Germany over the weekend, in LA, somebody, a drive-by just shot at a Jewish home with the Hanukkah candles in the window, screaming, "F the Jews." You want to know what -- you want to chant, "Bring the Intifada here," this is what it looks like.

It is here now. So what does it feel like to be Jewish today?

I don't know. I can't relate. But I want you to imagine, not as a talking point. But in quiet moments, when the phone would light up with another alert, another headline, another synagogue guarded by concrete barriers, armed police.

There's a particular fear that comes with memory. Jewish people carry history. Not as abstraction, but as inheritance. And it lives in names that are whispered at dinner tables, and photographs rescued from ash. And stories that begin with, "And we thought it would never happen here."

Europe told itself, that very thing once. So did Germany. So did France. So did polite society, everywhere, right before it happened.

And the world has been saying that for decades now. It would never happen here. And here we are again. And here we are, the worst we've seen in America.

Shadows that all of us hoped were buried forever. Hatred with organization, ideology. Hatred with teeth. Violence. Justification.

They're no longer whispers. They're shouting it now in our streets. They're shouting it in the streets of Australia. They're shouting it in the streets of Germany. And England and France. And Norway. They're burning flags. They're firing guns. They're chanting not only death to the Jew, but death to the West, death to Canada, death to the US. Death to Europe. This is no longer confined to the margins anymore. And the West is tolerating it. The west has explained it away. We have minimalized it. We have said it was a lone wolf. Sometimes we even excuse it.

Just for the day, let's just stop and look at Australia for a minute. For years, Jewish communities are warned the officials.

Anti-Semitism isn't theoretical. It's here. We're living it. We're seeing it. It's not just graffiti or angry words.

It's metastasizing into something ideological and organized and deadly. And in Australia, the officials told them, calm down.
Trust the institutions. We've got it.

Somehow or another, multi-cultural harmony would manage itself, but it didn't. Because it doesn't.

Ideology doesn't dissolve when it's ignored. It consolidates. It grows he has and it has across the Western world entirely. Europe, Britain, Australia. Canada. The United States. It's the same pattern!

Violent anti-Semitism rising Jewish schools like fortresses. Your families wondering whether visibility itself is now a liability.

And yet, all across the West, officials hesitate, to name the problem. Clearly!

So let me do it. Precisely. Precisely.

Truthfully.

Islamism.

Islamists. Not Islam. Not Muslim. If you're a Muslim, you want to live peacefully, worship freely. Raise children. Continue to, you know, live and contribute to a society. You know, and you're not an enemy of the West. I'm totally good with that. Look at the fruit cart guy. He apparently didn't hate Jews. He wasn't part of the culture of death.

He stopped it.

And millions do that every single day. But Islamism, Islamists, that's something entirely different.

Islamism is a political ideology.

It's not about faith. It is about power.

It's the belief that society has to be governed by religious law. Sharia law.

That freedom of conscience is illegitimate. That women are subordinate, that dissent is heresy, and that the world and everything in it has to submit. And it's very clear about all of this. It writes it down. It teaches it. It shouts it from the public square. For the love of Pete, it's everywhere. It chants it. It doesn't hide its ambitions. It doesn't hide behind anything. But here's what it doesn't do: It doesn't co-exist with open societies.

It replaces them and has been replacing open societies for centuries.

Any culture built on individual liberty, freedom of speech, equality before the law, it can't survive alongside an ideology that views all of those principles as sins or as an affront to Allah! In that scenario, one side must yield, or one side will be destroyed!

And history is very clear on which one does. You know, we're very different people. Even the difference between us and Canada. And us and Europe.

It might be seemingly starved. It might be we're very different. But when you look at us as a civilization, we're very different. Together, we're very different from the rest of the world.

We don't understand these things. Because we project our values, on everybody else.

We assume that everybody ultimately wants to live. And to compromise. Live side by side. We assume violence is accidental. We assume that it's a lone wolf. We assume that words like to do and dialogue mean the same thing to everybody.

But they don't! And so we tolerate politicians and newscasters and everything else that explain things away. They explain the stabbings and the truck attacks and the shootings and the riots. It's isolated incidents. They're not! We talk about finding the root cause. But we won't -- we won't name the root itself!

We call it extremism, as though it sprang out of nowhere, as though it was a weather event, instead of a worldview that's been around for centuries! I ask you to think about what it feels like to be Jewish today because of the Jewish people.
But also because, you're next. Jewish communities always pay the price first.

They always do. And believe me, you're on the list. You!

Your freedom. Your children are on the list!

And history shows this, with brutal consistency.

When a society begins to rot, from ideological cowardice.

The Jews are always the early-warning system.

They're the canary in the coal mine.

When they're targeted openly. And the state responds with hesitation.

That society is already sick and in the hospital.

It's already in trouble.

And make in mistakes.

The science is not far away.

It is already here.

Synagogues attached. Jewish students harassed on campus. Jewish neighborhoods guarded like war zones. Public celebrations requiring armed protection now. This is not normal, and it's not sustainable. And the West likes to believe and understands freedom.

But freedom is not a five! It's not a comfort. It's not the absence of conflict. Freedom is costly! And it requires moral clarity, and it requires the courage to draw a line and say, this doesn't belong here! And if we refuse to do that work now, our children will have to do it later under far worse conditions! They will have to fight, not to preserve freedom, but to recover it. And history always shows, that's much more costly. America, you're closer than you think to losing not only our country, but countries that took centuries to build!

Not through invasion. But through erosion. Through silence. Through the polite refusal to speak uncomfortable truths.

If not you, who?

If not now, when?

You're running out of time.

"You're being PLAYED": Glenn Beck exposes the TRUTH about Illinois' new MAiD programplay icon
RADIO

"You're being PLAYED": Glenn Beck exposes the TRUTH about Illinois' new MAiD program

Illinois Governor JB Pritzker has signed a bill legalizing "medical assistance in dying" (MAiD) for certain terminally ill patients. Glenn Beck rages against this "culture of death" that is sweeping America, even after it ravaged Canada.

Transcript

Below is a rush transcript that may contain errors

GLENN: So JB Pritzker in Illinois signed into law a bill on Friday, that will allow doctors in Illinois to prescribe the deaths of their own patients. First, do no harm. I'm having a hard time with that, doctors. Maybe you can tell us how you're getting around this. First, do no harm.

That is a very important concept, that our doctors are to buy into. And that we all believe.

First, do no harm. If you don't have that, all kinds of things can follow. Especially when they're couched with compassion.

And that is exactly what this is always couched in. Compassion.

Okay. So this new law goes into effect in September of next year. Terminally ill patients over the age of 18 are going to be able to get a suicide drug from their doctor. This is the 12th state in the country, that is allowing assisted suicide. And there are about 25 others that are standing in line for it. What a surprise.

Illinois is the -- is the one -- the first of this -- this batch of them coming in to say, I want to kill people!

It is a culture of death. And we are -- that's what we are battling. No matter what anybody tells you, we're not battling the Republicans or the Democrats.

It's not politics.

It's not Marxism.

It is a culture of death, that we're battling. It is evil. It is evil. A culture of death.

When you look at -- when you look at what people are saying about global warming, what is the solution?

Fewer people. How do you do that? Well, culture of death takes care of that. Right?

When you look at -- when you look at, you know, just about anything now, health care, abortion, culture of death.

Islam, culture of death. Marxism, honestly, it is a culture of death. Why would I say that know.

Well, because it eliminates people who disagree with it. And first, it just pushes them off the sidelines.

But eventually it ends in camps. But also, look what's being taught to our kids. They are killing themselves, because they're so depressed. Because it has no meaning. It completely rejects the you human aspect of humanity.

Culture of death. That's really what we're fighting. Make no mistake.

Now, Illinois and Pritzker, they're saying, well, no. No, no, no. This is going to be -- we're going to be very, very careful. You have to have two doctors. Okay. That's good. That's good.

Germany had three doctors, to give you permission. You're not even up the line of Nazi Germany, but congratulations on that. And they have to be diagnosed with having six months or less to live.

Okay. Okay.

I want you to know, Illinois, America, Western world, you're being played. This is not compassion.

I'm going to be real clear with you.

This is preparation for when the system can no longer afford to fulfill its promises, that's what this is.

They are preparing the system to be able to have the way out. And they're preparing you, so you look at this as compassion and so when it gets worse and worse, up until the very end, you don't recognize it. I mean, they're beginning to a little bit in Canada, to see what's coming their way. And why is it happening? Because they can no longer afford socialized medicine. They can't afford to fulfill the promises.

Let me just say, can America afford to fulfill its promise, that it's made for generations on all of this socialized everything?

No. In fact, there are people now, trying to double down. We can't afford anything. They're trying to double down and expand those programs, which will only collapse us faster.

When they collapse, you know, nobody likes. Well, rich people can get surgery. And as I've said to you before, I don't like that either. I really don't like that. But how else do you do it? How else do you do it? Well, we have a committee. And we -- we ration things. Okay. Okay. Okay. Okay. Here's where you're not going to like that. You're not going to like that, because that's not the way humans work. When they ration things, either people with money or the people with power, always find a way to short-circuit so they can get to the top.

So the one that you're saying now is the poor, helpless waif that's not getting anything because of the rich people, when the system changes, that poor lonely waif is still not going to get any help because the powerful, the ones that are connected, they'll get the medical care, and the waif won't get medical care. People will find a way to short-circuit the system because people generally suck.

And when you give all the power to people, it's not good. It's usually not good. So you may not like the, you know, pay for it kind of system, but it is the best one out there. And you really don't want to give a bureaucracy the -- the ability to kill you if you become expensive or inconvenient.

Now, I know that's not what they're saying. That's not what we're doing. We're giving people out of compassion, help them end their lives. Uh-huh. Uh-huh. Uh-huh. That's exactly what happened in Canada. Let me just tell you. It was called C14. Let me just look up the facts here. C14 in Canada. It happened in 2016.

And it -- what it -- what it meant was, you could get compassionate care, if you had doctors. Three doctors approved.

You had a terminal, I don't remember what they called it.

But basically, you could see the end in sight. Okay?

There was -- there was no way for us to repair your body and heal you.

So we could see that.

Basically, you know, you were terminal.

We could see that.

In the future. Near future.

And three doctors agreed.

And then you had a waiting period after you requested it, the doctors would approve.

And then there were ten days, before you would administer. Ten days before you would back out.

That's what it started as, okay?

That's not what it's become. 2016, that's what it was. And you had to be 18 years or older.

And you had to have full capacity. So you couldn't listen to, you know, friends or family.

You had to make the decision. And you needed full capacity.

Okay.
Then things started to fall apart.

Then we had COVID. Then we had all these expenses. Then we had people move into the country.

This is Canada. Same thing happened here. COVID. Hospitals are overwhelmed.

Medical care goes to hell.

And then you start bringing in people from all over the world.

And now you don't have hospital care. Everybody is crowded. The doctors are overwhelmed.
And so in 2021, they decided the Quebec court decided, well, you know, death in the foreseeable future. Is that really necessary?

Excuse me?

I mean -- I mean, the reasonable foreseeable natural death requirement. Do we really need that?

The court said, no, we really don't.

There are two tracks! Those who have natural death in the foreseeable future. We're going to make it a little easier for them. So beyond the request, the three doctors and the ten-day waiting period. We're going to get rid of some of that because it's not necessary.

I mean, if you're in the reasonably foreseeable future, you don't need all those safeguards. And then people whose natural death is not reasonably foreseeable. Well, we're going to make them do all of those things. Oh, okay.

And, by the way, we're removing the ten-day waiting period too. Once the doctor says, you're good, you're good.

Okay. All right.

That wasn't far enough. Now, they have a new bill, C7.

Canada bill seven.

When they -- when that removed the foreseeable requirement, they added a temporary exclusion for people whose sole medical condition was a mental disorder.

Oh, wow. So now we're into mental illness.

So your death isn't in the foreseeable future.

But you really want to die.

So does this apply to mental.

People with mental problems?

Oh, no, no, no. No. We're not going to ban it. We're just going to put a temporary ban on that one?

Why would you put a temporary ban on that?

Why would you put a temporary ban on something like that?

Let me give you the answer and you tell you what else it's done and bring it home for you here in just a second.

Okay. So why would you -- why would you remove the restriction on the mentally ill?

Remember, the first thing was -- the first thing was, you've got to be -- you've got to be fully there.

You have to be competent and aware of what you're doing.

Then they said, well, the foreseeable future thing.

Your death is inevitable. We're going to take that away.

But we're going to put a temporary restriction on mental illness.

The only reason why you would make that a temporary restriction, is because you're just trying to get the rest of the society to catch up with what you're going to do.

That's the only reason.

And that's why, it has been extended.

Okay?

It was supposed to end in 2023.

Then it was extended to March 2024.

And now, it has been pushed to 2027.

Okay?

So you're not eligible for MAID until March 2027, if you have a mental illness.

Hmm.

Huh! Now, they may push it forward again, to give it more time to convince everybody that that's what they have to do.

And how do you convince people?

Well, you convince people, because there's shortages and be that person doesn't have the capability to think they're mentally ill. They might want to tie. They're very, very depressed. They're very depressed, and so they want to die anyway.

They want to die. I need the doctor. Okay?

That's what's going to happen. That's what's going to happen.

Unless we remember who we are. Unless all of a sudden, we -- we're like, you know what, that's -- you know, that's not who we are.

That's not the West. The West is not defined by its technology.

Even by its freedom or its wealth.

Everybody thinks, oh, the West. They're wealthy.

No. That's not it.

What makes us unique in the West. The entire West Canada, included. All of Europe. This radical idea that the individual has inherent value.

That nobody is expendable.

And not because they're useful, not because they're productive, not because they're convenient.
They have an inherent right to exist, to live.
If you look at the past, you look at Athens and Rome.
Oh. I mean, they just put you -- you this put babies that were not boys, that were girls. Where they were deforming.

They throw them on a garbage barge. These barges would go down the river. With screaming babies on them. They just let them die, okay?

That's the way it does. But West through Judeo Christian ethics taught us, that's not right!

And we build hospitals before skyscrapers.

We put limits on -- on force. We teach doctors to heal. Not to calculate.

When a society like ours stops choosing life, it does not become more compassion.

It becomes more efficient. Not compassionate! Efficient!

And efficiency has never given birth 20 moral virtue.

Efficiency kills it. If that's your goal. It kills it.

Fighting this culture of death, it is the most important thing we can focus on.

A lot of people will focus on politics and everything else.

And what JB Pritzker is doing here, there, and everywhere else.

I don't even care about politics.

We have to convince one another, we have to start standing up for the principles that made the West, the West.

Because without the choice to protect life at its most fragile, we are no longer a civilization worth saving! We're just another system deciding, eh, I don't know, is that worth the trouble? And history is very clear where that society ends. That's why, last week, to me, it was so personal, and so important.

To help this woman, not just because it's the right thing to do. And because every life matters. And this happened to be a life that came across my path.

And I'm like, we've got to stop that! But because, this goes to something bigger! And it is infecting us right now. And if we buy the lies, that this is for compassion. Look! I understand. I understand pain. I understand end of life. I don't want to be in that situation.

I know, you don't want to be.

I mean, I know what it feels like with my dog, putting my dog down. It kills me. It kills me to put my dog down. So I get it on the dog level, let alone, you know, a parent level or a spouse level. I get it.

But you cannot as a society go down this road. Because once you open this door, all the other doors just start to swing open. When there's trouble!
The first sign of shortage, all those doors open up. And guess what we're headed for. Shortages.