RADIO

Glenn: 'If THIS goes wrong, we are at World War III'

China is stationing 6 warships in the Middle East, the U.S. Navy is increasing its presence in the area, and Iran might have a nuclear weapon. Meanwhile, the Biden administration is allegedly trying to delay Israel's ground invasion, reportedly to free more hostages. But Glenn believes there may be other motives. Glenn reviews the latest updates as the war appears to escalate even further and warns that we're entering dangerous waters: "If this goes wrong, we are at World War III."

Transcript

Below is a rush transcript that may contain errors

GLENN: According to reports now, up to six Chinese warships are currently stationed in the Middle East. China's People Liberation, Army, the CPLA, reported engagement in a joint military exercise with Omani Navy while visiting Oman. Again, it's like, you know, when -- when Mexico got their hostages, you know, or their people out of Israel, and they use their Air Force.

I thought to myself, I thought, I didn't know Mexico had an Air Force. Same thing with Oman. Didn't know I found it on a map.

And they have a Navy. It's cute. It's cute.

It's probably a little like the Cayman Islands. And the British Virgin Islands. Or they use British ships.

Because I don't think they're British anymore.

They got rid of those occupiers. I'll tell you that now.

So the Navy escort task force. Is now by Kuwait. Which is right there, near Iran.

Which I think is really, really -- no. Seriously. It's -- now.

My question is: Why has Israel not responded.

What is happening there?

Now, I've got a couple of ideas, on this.

One, the New York Times is reporting, that the US is advising Israel to delay the Gaza invasion.

For needed hostage negotiation.

Now, apparently, two Americans got out.

The -- the Palestinians have returned to American hostages over weekend.

I love it, that we're working with Qatar. Because, you know, they're -- I mean, they're just the number one funder of the Muslim Brotherhood.

And that's big -- big funder and founder of Hamas.

So that's -- that's really good. I hope we gave them some money. In exchange for these hostages.

I don't know if it's about the hostages, as much as it is a very convenient way for the United States to delay any kind of ground invasion, until all the media turns on Israel. Because that's what's happening. They're already saying.

They haven't done anything yet. And they're like, they're such a bad country. They're going to kill all these people.

And if they would have acted last week. Or the week before, you would have seen, more sympathy.

But I think we are -- I think this is a complete game. That the White House is playing.

To keep Bibi Netanyahu and the Israelis from not striking.

However, there is another possibility.

Obviously, you know, I'm not in the rooms.

Advising anyone.

But I did think, are they just preparing to go to the head of the snake?

Now, I don't think so. But we do know that they -- that Israel. I mean, Iran now has one nuclear weapon.

And are just about to develop its second nuclear weapon.

So is it possible that they are just going to target Iran.

It's clerics, or its nuclear facilities.

Now, the nuclear facility is supposedly buried so long. So deep, that you're not supposed to be able to knock it out with any kind of conventional weapon.

The army seems ready to go, they've been ready for a few days. Aerial bombardments, meant to prepare the ground.

Are meeting with diminishing returns now at this point.

And the widely accepted reason over in Israel. Is international pressure.

Plus, the long train of visiting dignitaries. And possible negotiations.

The problem with the ladder is that Hamas will probably go for the drip, drip approach. Meaning to drag out more time. And the media will continue to turn on Israel.

If they're going to target Iran, most likely they'll target the nuclear installations. What was the reactor?

They did this in like 1981, I think. And, you know, they went after the reactor. And it was good.

Now, maybe if the main operation is successful this time, you'll see the Mossad taking out a few top scientists and military leaders as we have in the past.

But, you know, Gad Saad said, that this would take incredible. I'm quoting testicular fortitude.

And I don't know. Most are saying, it can't be done. Different from 1981.

Blah, blah.

It's difficult. But they all said it couldn't be done back in 1981, as well.

You know, the Tom Cruise guys, they do exist. They're probably as short. But not as good looking.

And most of them are probably Israelis.

So, you know, they kind of have this don't miss with us kind of image.

But we'll see.

If they can pull it off.

That means the testicular area may be made out of steel on Bibi Netanyahu.

I'm not really -- I'm not really sure.

But we will continue to watch this.

Let's see. There's a couple of other things.

PAT: That would majorly escalate this thing however.

I think they understand that -- I think we understand that. And I'm sure the administration is strongly recommending they don't do that.

GLENN: What are they going to do?

PAT: I think they should do it.

But I don't know.

They -- you know, they are the head of the snake.

GLENN: Right.

PAT: And that's the only way to put a stop to this.

And so, but it does escalate things. So it's --

GLENN: I think pretty much anything they're doing.

PAT: It's a big decision.

GLENN: When I saw that China.

Now, China was there already.

But to have them move their ships in, shows, you know, that's Iran.

And Russia.

So there is an axis of evil.

And those three are together.

And --

PAT: With us.

GLENN: Against us. Against us.

PAT: Right. But they're all in the same general vicinity.

GLENN: If this goes wrong, we are at World War III, quickly.

PAT: No doubt. Yeah, and there's all kinds of things that could go wrong. That somebody makes a mistake. There's a hair trigger by somebody, and it's on. It's a really dangerous situation.

GLENN: So you have the rest of the world, however, turning.

And you look at what's happening around the world.

England is going to turn against Israel.

Because I don't think England will have a choice.

I mean, these countries have allowed themselves to be laid waste. By so many Islamists.

It's not Islam.

It is Islamists.

People who believe that the Koran must be implemented as the highest source of law.

Those guys are crazy.

I know some Muslims that are not crazy.

But they're reformed. And they would be the first -- the Islamists would behead.

So they're the kind of people that shut their mouth, you know, in their own community, because they don't want to be dead. But look at what happened over the weekend. In London. It was not good. It was not good.

And you're starting to see moves. There was a -- they won't even give the details of the terrorist strike in London. Did you hear about this, Pat?

PAT: No.

GLENN: So in London, first of all, the BBC, will not say that Hamas is a terrorist group. The BBC.

And that's really kind of not good.

PAT: Uh-huh.

GLENN: Fueling more anti-Israel and anti-Semitism.

Because they're -- they -- they won't say that the Palestinian, Hamas was wrong.

PAT: Uh-huh.

GLENN: They're saying, that it's -- well, it's a charity. It's a charity.

Sure it is. Sure it is.

PAT: Uh-huh.

GLENN: There was -- there was a hit in London, I think it was.

Let me see if I can find it real quick. There was awe hit, where the authorities won't even say what it -- what exactly happened. They said that it was -- yeah. Here. Pro-Palestinian terror attack.

Alleged terror attack has already been carried out in Britain by an asylum seeker, waiting to avenge deaths in Gaza.

According to the telegraph, the man who came to the country, in 2020. Look at that. It's 2023. Okay?

Told police, he had carried out the -- as yet, undisclosed action for Palestine.

Newspaper reports, the case cannot fully be revealed for legal reasons.

But that the suspect is now in custody, after being arrested. He said, he had done it, because Israel had killed children in Gaza.

Now, that's a bizarre thing.

He's already carried out, his mission. But they won't say what it was.

PAT: Yeah.

GLENN: What does that -- what kind of -- what is that?

Questions have been raised over wide details about the incident have not been disclosed. But security sources, told the publication. They may be downplaying it. So they don't have a repeat attack. Or copycat attacks.

Nations around the world are on high alert. So-called wolf attacks by extremists motivated by the worsening situation in the Middle East. In Brussels, Belgium on Monday.

A -- a man with a gun, downed two Swedish football supporters before being shot dead by the police. He was motivated by his Palestinian love. Because they're just such lovely, charitable people. He was just giving away bullets.

So he gives the bullets away too fast, for some people. Who are you to judge?

Who are you to judge?

So you have the terror threat. All over Europe. Going up.

How are you -- how is France going to handle this, if Israel goes in, and bombs Iran?

Or does more with Hamas?

You're going to have all these western countries, saying, stop it. Stop it right now.

Because they'll number trouble.

So you will, what? Sacrifice the Jewish state.

Is that what happens?


PAT: That's foretold somewhere too.

GLENN: Somewhere.

PAT: I'm trying to think.

GLENN: Yeah. It's weird, wasn't it?

PAT: Was it Michael Buble, that foretold that?

GLENN: I think -- Fly Me to the Moon, where all the nations gather around.

PAT: Yeah. That's what it was.

GLENN: Something like that. They're all against Israel or something.

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The ONLY Trump/Epstein Files Theories That Make Sense | Glenn TV | Ep 445

Is the case closed on Jeffrey Epstein and Russiagate? Maybe not. Glenn Beck pulls the thread on the story and its far-reaching implications that could expose a web of scandals and lead to a complete implosion of trust. Glenn lays out five theories that could explain Trump’s frustration over the Epstein files and why Glenn may never talk about the Epstein case again. Plus, Glenn connects the dots between the Russiagate hoax, the Hunter Biden laptop cover-up, and the Steele dossier related to the FBI’s new “grand conspiracy” probe. It all leads to one James Bond-like villain: former CIA Director John Brennan. Then, Bryan Dean Wright, former CIA operations officer, tells Glenn why he believes his former boss Brennan belongs in prison and what must happen to prevent a full-blown trust implosion in American institutions.

RADIO

Rumors explained: Is Fed Chair Jerome Powell OUT?!

After rumors spread that President Trump would soon fire Federal Reserve Chair Jerome Powell, Trump has said that he's "not planning" on it right now. But is it possible for Trump to fire him? Will he resign? And how is the Fed Chair even chosen in the first place? Glenn and his head researcher Jason Buttrill explain ...

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, last night, I was rapidly looking the lie some of these rumors, on X.

Pretty incredible people on what's going on with Jerome Powell and the fed.

What the heck?

I was actually popping popcorn and watching this. It was so crazy.

GLENN: So it's just the rumors, that he is going to be stepping down?

JASON: Well, yeah.

Yeah. Anna Paulina Luna. Congresswoman. She was saying, it was almost imminent, that he was about to be fired. Actually fired.

There were other rumors saying, well, we're not sure about fired.

But he's considering resigning.

GLENN: Yeah. You know why.

JASON: We were like, what the heck is going on?

GLENN: So do you know why?

Do you know why he's resigning? Any guesses? I mean, you had popcorn out. I would love to hear what you have come up with.

JASON: So there was the CPI stuff coming out. The interest rates going up.

We know that the President wants interest rates to come down. I'm assuming that is what the deal is, and there's some sort of internal battle going on.

GLENN: Well, and the president can't fire the Fed chief. Okay?

So the Fed chief is the one that nominated. The federal reserve is the biggest crock of bullcrap I've ever seen in my life.

It's nothing, but the five biggest banks. Okay? And you know which ones they are. They're the ones that keep getting bigger. And everybody else is falling to the wayside.

So the Federal Reserve is the arm of those five banks.

Okay?

And they suggest, who the president can select from.

So the president can't say, I don't want any of these guys. I want this guy. Can't do it.

He has to take a look at the list that all the banks have put together. Is. Say, pick from this list, Mr. President.

Did you know that?

JASON: It's kind of how Iran chooses their next president.

GLENN: It's exactly. It's exactly that way. Except, this religion is all about the almighty dollar.

Okay. So he can't -- he can't pick on his own. But the president has a right to pick one, you know, every term. If it comes up in his term.

The president wants this guy out. And I think he's been really, really bad.

Because he's been wrong on almost -- on almost everything. But show me the -- show me the Fed, you know, the guy who the Fed was right ever.

So he can't fire him. But he wants him out. Because he wants interest rates dropped.

And, you know, the jobs are coming back. Things are coming back.

But interest rates keep coming up.

And the -- and the interest rates, if we keep our interest rates high, we have a harder time borrowing money for our debt.

And it just gets more and more expensive for everybody all along. So the president wants him to back off interest rates. But the Fed chief believes that that could cause more inflation.

Which I think he's right on that one. And I hate to say he was right on anything.

Because I don't think he was ever right.

Makes me question myself. When he's like, well, I think he might have a point on that one. But the president is like, no. He can handle it.

I want them down. I want cheap money again.

He refuses. So what has the president done?

The president can only fire him, with cause!

So what do you do when you can only fire somebody with cause, and you want them out.

You find a cause, and this one is easy.

So the Fed has been the one leading the way saying, we can't keep borrowing money.

We've got to have some fiscal sanity. Right?

This is going to kill us. We have to keep these interest rates high, because you are borrowing too much money. And maybe this is the only way to stop you.

So we got to keep it high, because you've borrowed too much money. And how many times has he testified in front of Congress? We've got to cut. We've got to cut. You can't keep spending like this.

Okay? Well, did you know that the Federal Reserve, with our tax dollars, the five biggest banks, a/k/a the Federal Reserve, is redoing their offices. To the tune of two billion dollars!

Now, I don't know what kind of wallpaper they need there.

But that seems like a pretty hefty renovation, especially when everybody is looking at cutting things. And you're lecturing me about spending money. So they get money from the government, okay? They're telling us, stop spending.
Stop borrowing.

Except, okay. What you've borrowed. I need $2 billion of that, to redo our offices in Washington, DC.

Excuse me?

Why don't you do that yourself. Okay. I think banks maybe have some money.

So they're borrowing that money, and there's $700 million over.

So it's $2 billion. $700 million over budget. And they're still not finished.

And the problem is: They're putting in water features.

They have a rooftop garden they're building.

JASON: Okay.

GLENN: I mean, it is -- it's insane. The president now knows, really? You want to play this game with me. I will sit your ass down in front of Congress, and you answer to the American people, how you're lecturing us about spending. And you're putting in a rooftop garden and a water feature in your office. No! No.

So the president is now threatening, I'll fire you for this. You want to quit, now would be the time to quit.

Otherwise, I'm dragging your butt in front of Congress.

You answer to the American people for this. And they will beg me to fire you.

That's what's happening.

JASON: I looked at that a lot.

Because I was like. There's got to be some leverage that the president had, because they can't get rid of.

But that is a pretty big cut. That sounds like a Babylon Bee article. $2 billion.

GLENN: It does. It does. $2 billion, 700 million over budget.

JASON: Oh, my gosh.

GLENN: I mean, and these are the responsible bankers. No, I don't think so.

It just shows, they don't mean what they say. They'll just keep doing it for themselves. You know, if you really believed that America was really on that financial cliff, why would you do that?

You would lead the way and say, guys, we are going to be the only responsible ones here.

We will lead by example.

No renovation. You know what, go to IKEA?

You need a new desk. Go to IKEA, and get a new desk. Well, we have to keep up our image. We're not going to have a country.

So what do you say, we go to IKEA?

Our image should be, we are going to lead the way out of this madness!

That's what a leader would do.

JASON: So, Glenn, I still don't think I get this disconnect between Trump and Powell on -- we know Trump wants to lower interest rates.

Powell is standing back and saying, basically, he doesn't want to do it.

Is he trying to undermine President Trump on this?

GLENN: President Trump thinks so. President Trump thinks so.

I think so, to some degree.

I mean, I'm worried about inflation.

Look, you know what happened. Do you know what's happening with yap?

JASON: What's happening with Japan?

GLENN: So what's happening with Japan, is Japan has always had this really amazing image of, we're solid. We're absolutely solid.

This is target to crack. The foundation.

1989.

Let me go back to 1989.

This was the crown jury trial of the global economy.

Back in 1989, you probably aren't old enough to remember.

All of a sudden, Japan owned everything in America. We were just becoming Japanese, and everything was being purchased by Japan. Kind of like it feels a little bit like China now.

JASON: They even owned Nakatomi Plaza, Glenn, that Bruce Willis had to save -- they owned everything in every '80s movie!

GLENN: Oh, yeah, they owned absolutely everything.

Okay? And the -- things were so insane in Japan. The grounds of the imperial palace, in Tokyo, on paper was worth more than the entire value of the state of California.


JASON: Wow!

GLENN: Okay?

So their land. Everything just shot up. And so they had all of -- they were flush with all this cash.

And people believed that Japan had suddenly, you know, cracked the formula for, you know, eternal prosperity.

That's the problem. Then it all started to fall apart. And the asset prices. That they had mortgaged against.

Okay?

They had borrowed. Well, the imperial palace was worth more than California.

That doesn't make any sense. You wouldn't mortgage it like that. At least long-term. I will do this real quick, and pay it off.

You would never, ever mortgage, because you know that's inane. Well, nobody ever wanted -- and it seems in governments, nobody ever wants to believe that this is just a fluke. Okay?

So the asset prices collapse. The stock markets plunged. And for three decades, they have gone into this very polite political coma.

Okay? Economic coma. And so the central bank did something radical. They were the first ones to set your interest rate at zero. They lowered the interest rate. They made money so cheap, it was nearly free. Zero percent interest. Sometimes, they would pay you to take out money.

So the -- they had negative interest rates. Can you imagine that? Now, you're not fixing the problem. You're just printing wallpaper to cover the mold. All right?

So they've done this for decades.

Now their debt is I think 260. Or 280 percent of their GDP.

I think, what is ours?

100?

80 percent.

Something crazy. 120. You never believe back.

The death threshold is usually 120, 140.

They're 260 percent of their entire economy is debt.

That's not a crack. That's a fault line.

So this week. Or was it last week? Things started to creek and grown in Japan.

And the government bonds, which are like our treasuries. Is this getting too complex.

Are you following this still?

JASON: Yeah.

GLENN: Okay. So their government bonds.

They were the safest investments on earth.

One of them. Okay?

It's us. Japan, Germany.

They started to fall.

Hard. And when bond prices fall, interest rates were the easily go up.

All right?

So they borrow all this money.

260 percent of their GDP is borrowed. Okay?

So they borrowed all of that money. And they had it at like 3 percent interest. Whatever.

2 percent interest.

And they were paying people.

2 percent.

Well, all of a sudden, the cracks started to appear. And people were like, I'm not sure this is stable at all.

And then the belief of the system started to -- to go away. So people started selling their Japanese bonds.

Once they do that, now the yields have to go up.

What happens when yields go up?

What happens when interest rates go up? For a government. You have to pay more interest on your debt!

Okay?

You add two or three points.

Just imagine, you have an adjustable rate. Okay?

This is a government having an adjustable rate. Except, they have 260 percent of everything they make, in debt!

And it's all leveraged.

And now, their adjustable goes up two, three, four points.

You're not able to afford that anymore, okay?

So massive problem.

Because what it really means is. People don't believe in Japan.

They know the con game is now over.

And investors are saying, you know, I want a whole lot more in return.

Because I just don't believe you anymore.

And it's not just Japan's problem. This is not a neighbor's house on fair.

This is -- imagine we're all living under the same roof. This is the neighbor's apartment, on fire.

We're all under the same roof. We all have the same foundation. And so when this happens to Japan, you should pay attention. And I'll show you the ripple effects in just a second.

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GLENN: Okay. So now if Japan -- that means there's a stampede out of Japan.

And people are starting to look and reprice the risk of their money.

Now they're like, wait a minute.

The most stable. You know, if you're driving a car and it is the safest car in the world and all of a sudden, they just start blowing up on the highway.

You're like, I don't think that's the most -- that's the safest car on the highway.

And if that's the safest car, what does it mean for the car I'm in?

You know what I mean? So now, this is going to push US interest rates going up.

Which makes our mortgage rates go can up. And our car loans more expensive. And the national debt. Which is already costing us $1.2 trillion a year, just in interest.

Now, they can't sell their treasuries. People are skittish on treasuries. Maybe they come to the United States, but they're not so far.

They're getting out of the Japanese interest. Or the bonds there.

Japan has to pay their bills.

What do you do when you have to pay a bill?

And you don't have any money coming in.

You don't have enough money coming in. What do you do?

You sell something. Right? You sell your car. You sell something that you have of value.

Well, what do they have? What do they hold of value? US Treasuries.

So now, we are trying to sell our bonds, for our new debt, they hold our old debt.

They're saying, hey. Anybody want to buy this debt? Because I have to sell it. Fire sale. What do you give me for it?

Okay?

Which makes that debt more attractive, because they can get a better deal there.

Which means, if we want to have new debt, we have to raise our interest rates. Which means, we pay more for interest for our mortgages and everything else.

And it floods the market with bonds, crushing the prices, skyrocketing the costs for us.
And causing even more trouble, in other countries, that have US bonds. Because they start to look and go, nobody is buying these bonds.

Well, of course not. You have two countries. The two stablest countries besides Germany.

You have the two stablest countries now selling US Treasury bonds.

Okay? Really, really bad.

Now, let me add this on.

Germany is now having to pay for their own army.

And so they said, they're going to borrow money.

To build the army.

And they're going to lower their interest rate. So they can borrow more money. All right?

And now, the German bund, which is -- you know, like our Treasury. That's now starting to fall apart.

Well, Germany has some assets, they can sell.

What do you think that asset might be that they want to sell?

US treasuries.

We have been playing an extraordinarily horrible game.

This is why I believe the president wants somebody else in charge of the Fed, because the Fed can say, we're lowering the interest rates.

Because he's got to get more money into the system. So people can spend money, can start businesses. Borrow money.

Get things moving, so we can increase the amount of taxes that we collect.

The more people money -- the more people make, the more taxes we collect.

So he's like, we've got to grow the economy. And the only way we can grow the economy is to lower the interest rates.

But at the same time, interest rates around the world because of what's happening with the bonds is going through the roof.

We are in a very -- we've never been in this position before.

THE GLENN BECK PODCAST

Why the Term "Conspiracy Theory" is CIA-Created Weapon for Control

Conspiracies are of course real and occur every single day. But yet, many in the media and elite political circles attempt to use the term "conspiracy theory" to smear and discredit those who are skeptical of conventional narratives. Where did this term come from and how should we understand it? Journalist Alex Newman joins Glenn Beck to break this down and how it impacts the world as we see it today.

Watch Glenn Beck's FULL Interview with Journalist Alex Newman HERE

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Chalkboard Breakdown: How George Soros & the 'Deep State' funnel YOUR money to radical groups

Where do these massive left-wing radical groups get all their money from? Much of it is effectively a scam that occurs using your tax dollars to fund these groups that you would never support on your own. Glenn Beck heads to the chalkboard to expose the connections so you can visualize exactly how someone like George Soros manipulates the system.

Watch the FULL Episode HERE: Deep State ON NOTICE: New Tech Traces the USAID, Globalist Money Trail