RADIOMarch 14, 2023

Glenn: Be ‘healthily’ TERRIFIED of the coming banking CHAOS

‘I don’t think people understand the destruction that is coming our way,’ Glenn says. ‘This is going to happen. It’s just a matter of when.’ In this clip, Glenn is joined by financial expert and author of ‘The War On Small Business,’ Carol Roth. They discuss the recent Silicon Valley Bank (SVB) closure, why it occurred, and how small entrepreneurs have to ‘play by the [banking] rules,’ whereas big businesses do not. Plus, Glenn explains why he thinks Americans should be terrified of what’s to come…terrified in a ‘healthy way,' of course.

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth, welcome back.

CAROL: Hi, Glenn. What a crazy couple of days here, never -- never ceases to amaze. Doesn't it?

GLENN: No, it -- it really doesn't.

First of all, let me get your reaction. We spoke on Friday. On the Friday exclusive, that I do for the Blaze TV.

And this story was just breaking.

CAROL: Yes. Correct.

GLENN: So they bailed everything out, with the FDIC.

But this isn't just the depositors, that they bailed out.

I'm for FDIC, covering depositors. But they just changed the law, with a stroke of a pen. Did they not?

I mean, you had $400 million in that bank. It says clearly on the door, deposits up to 250,000.

CAROL: Yeah. You know, I have a different take on this, than a lot of people that I've been talking to. Some friends and colleagues.

You know, they did not do what I would consider to be a full bank bailout. They did not protect the shareholders. They showed management the door. So, you know, the people who should be taking on risk, took on the risk. In terms of the depositors. I mean, you could say, oh, why should these tech companies be saved?

But I challenge people to change the name. If it wasn't called Silicon Valley Bank. If it was called the small business bank of Iowa, would you want those small businesses to be at risk?

GLENN: Well, there is -- there is a difference.

In those small businesses. And I'll tell you what the difference is. There's no way in hell, this federal government would bail out a small business bank, in a red state. I just don't believe it.

PAT: That may be the case. But at the same time, if you think about the potential contagion.

And, in fact, we could use this now as a benchmark. To say they've done it before. That God forbid, the small business bank of red state were to fail in the future.

But if you think about just the ripple effects, the example I like to use is Etsy.

Etsy is a marketplace. Where artisans and small entrepreneurs do crafts. And they sell them. Etsy had all of their working -- or not all of their capital. A large portion of their capital with Silicon Valley Bank.

So if that money were to have gone away, they wouldn't have been able to pay all of the entrepreneurs.

The same thing with a payroll company. They had their money with Silicon Valley Bank. And so another company wouldn't have been able to pay their entrepreneurs.

So that kind of reverberation throughout the system. And then not quelling the fears, that this could happen again, and potentially taking down not just other regional banks, but having contagions up to big banks. It would have been really bad for everyone.

GLENN: So, but wait.

I agree with you. I agree with you, that it would have been horrendous. Okay?

However, I had under the FDIC limit in Silicon Valley Bank for one of my businesses.

We ran our payroll through Silicon Valley Bank.

CAROL: Okay.

GLENN: We never put more than 250 grand in that. We never do it. Unless we care to lose it.

So why do I have to play by the rules, and expect that I'm not going to get something, but all of the big guys, will always expect, oh, well, they're going to bail me out. I'm too big to lose. I'm too big to fail.

CAROL: Yeah. Listen. This is sort of an expectation sort of game. But the reality is, that we didn't want to have that failure happen. And this was a bank that was very different than some of the other failures that had happened before.

I mean, this was not about making to their I can do loans or derivative products. This was really a liquidity issue, that should have never gotten to the panic. And I think that's the bigger issue. The way this was communicated.

The hubris. The fact that the head of Silicon Valley Bank. Sat on the board of directors, on the San Francisco fed. And didn't anticipate, that it might not be a good idea to lock up money for ten years of treasury.

There are a lot of really weird questions here.

And I think we can certainly debate, you know, what -- what we should do on a go-forward basis. But we have to have faith in the banking system, and for companies to take their cash management and now have to go through paperwork. And chop it up into little blocks so that they can be covered. And have it in all kinds of different banks and different accounts. Isn't particularly efficient.

So I think the insurance program, probably needs to be relooked at. And I think that's --

GLENN: But you can't just write the rules as you go.
(laughter)

CAROL: They do all the time, Glenn.

GLENN: That's wrong. I know. And it's wrong to do that.

CAROL: This is not the first time.
(laughter)
So it's definitely wrong to do that, but they're going to do it on an ongoing basis. This was not the time to put the flag down and go, no. This isn't the time to do it. It was a very sort of practical decision. Yes, in principle, we need to fix the underlying system.

But as I said, let's not pretend that capitalism in the United States. We've had the fed who is --

GLENN: Oh, no, it's not capitalism.

CAROL: On a historic basis. So I won't sit and complain, oh, this is some affront to capitalism, that didn't actually exist.

GLENN: No. The Fed is completely out of control. Overstepped. And all of the -- you know, the big banks. The really big banks.

They are rolling with our cash.

CAROL: Rolling in dough. Literally.

GLENN: Yeah. So let me go back to the bonds, a second.

They locked these treasuries up for ten years. And they -- when the interest rates go up, they lost about 25 percent on their bonds. If they tried to sell them in an emergency.

They were going to lose 25 cents on the dollar.

That's what caused the panic.

Because if you lose 25 cents on the dollar, you don't have enough to cover all of the things that you have covered.

CAROL: Let me add one more thing that added into the panic, because this was on paper.

Should they held them to maturity, there would have been no problem.

Like you said, only in an emergency. What happened, is that within Silicon Valley, because interest rates were rising and the bank was only paying a small amount on deposits, you could pull your money out. And park it into a Treasury bill now. And get, you know, 5 percent without very long duration.

So you had more depositors pulling their money out, than they had model and had expected, in this rising interest rate environment. As well as probably companies that needed more operating cash because of the economy.

So they didn't have that expectation.

And that sort of mismatch, in saying, oh, wait. We have a liquidity need. Because we didn't estimate for this.

That's what forced them to sell the bonds. At that loss.

And then created this panic.

GLENN: And that's where this boob, that is sitting on the Federal Reserve Board, in San Francisco.

These guys are -- I'm convinced, these guys are arrogant morons.

However, how many other banks have put their -- their money into longer term treasuries?

CAROL: Oh, I mean. It's throughout the system.

GLENN: So wait.

CAROL: Wait. Wait. Wait.

GLENN: Go ahead.

CAROL: If you take Bank of America. They also had a situation, where they had to take a big loss on selling treasuries.

The difference is they have a large and diversified business. They only had 69 percent of their liabilities being deposits. Where Silicon Valley bank it was 89 percent. They have a lot of retail deposits, that were under the threshold. They have investment trading. And wealth management. And all these other things.

So for them, it wasn't an issue. But on a smaller scale, for a bank, that really does rely on that deposit business. And because they had so much of that, as these smaller business deposits, that were uninsured, that made it different, than it was for let's say some of these bigger banks or banks that were --

GLENN: Right. But, you know, I'm looking at banks, like, you know, JP Morgan Chase.

All of that. They're fine.

They have plenty of money. And they're going to get all the depositors, as the little banks go out.

CAROL: Exactly. Let's underscore that point.

GLENN: What I'm asking you is: How -- what gives us any indication that this is -- that it's over?

That we're safe now? I mean, it might be because right now.

But this is going to happen again.

CAROL: So that's exactly why they put out the press release, that they did. You know, the fed and the Treasury.

And that very comforting statement from our president. I'm sure that gave you all the confidence in the world.

GLENN: Oh, yeah. I'm stuffed.

CAROL: But that was the point. Is the reason that those depositors pulled out their deposits, is because they were worried it wasn't going to be backstopped. And if there was this liquidity issue that was incurred. Oh, boy. What are we going to do?

Yes. There are other banks that are probably in the same situation. But if their customers don't panic and pull their deposits, and they have the time to pull the liquidity poll.

Then that's what that statement was meant to do.

Now, it really just depends on the temperament of individuals and businesses. If you believe that, if you believe they'll step in and back us up, then you're not pulling out the money, these companies -- the banks can deal with it.

And if you don't, then we will see more of this. Certainly, I think particularly Silicon Valley Bank was different than Silvergate and Signature that had more crypto exposure.

I would imagine those that have more exposure to crypto will probably see some additional issues.

But Silicon Valley Bank being that second largest bank to fail in history, one of the top 20 banks in the US. Systemically important.

As you said, plugged in and connected. It was just a different -- a bit of a different animal.

But, Glenn, I do want to go to that point you made.

This is really huge. Just like they closed down the small businesses during COVID. And all of that went over to the big guys.

You know, the big guys couldn't really step in. There's laws in place, about buying more deposits.

But what has happened in letting this play out, the way it does, is people have just decided to organically move their deposits. So JPMorgan and Citigroup. Like, they're having a field day. So much so, that Jamie Dimon just bought something like 26 million dollars' worth of JPMorgan stock. Because she's doubling down, because he knows all those depositors are rolling in. And he did not have to pay a red cent for them. The great consolidation continues.

GLENN: All right. Hang on just a second. Can you spend the hour with me?

CAROL: Yeah, of course!

GLENN: Because I've got a ton of questions on this.

We'll come back in just a second. Certain kind of person out there, and you know them when you see them.

One that fits in the category of above and beyond. Somebody who is -- they usually just love their job, and they love serving people.

They love to see their customers really, really happy.

Those are the kinds of people that we look for, when we're looking for real estate agents, that can represent you, when you're buying or selling your home. You need somebody who really loves serving you, who has compassion for people. And cares about people. And wants to do the best for them.

That's also the best way to make money. Best way to be successful is just to serve and overserve your customer.

Because they're -- they always go away happy. And then you've got more customers coming your way. We look for the people like that, who also have the best track record.

And they meet our standards. And we have pretty high standards to recommend. These people don't work for us. So we don't have any skin in the game, on, you know, who we pick and who we don't. Other than, I want to super serve you, and give you the best person.

RealEstateAgentsITrust.com. Is a referral service. Just go there. Tell us where you're buying, selling. And we'll get you some of the best real estate agents in the country.

RealEstateAgentsITrust.com. Ten-second station ID.
(music)
Okay.

So as the -- as the Fed rate goes up, these Treasuries are worth less and less. If you have to sell them. Correct?

Wait. We're missing you. Hang on just a second. I don't --

CAROL: Okay. Did you get it? Yeah. So, you know, obviously, the -- not to get too wonky. But the interest rates, or the yield on the bonds trades an inverse on it. And if you think about it, why would you buy a ten-year that was on the market from a long time ago, that's yielding 1.1 something percent interest, when you can buy something that's at two years right now, that gives you 5 percent interest. That doesn't make any sense.

So their current value on the market is lower. Again, if you hold them to maturity, if they hold them to 10 years, you still get the full amount of the face value, plus, the interest. It's just the tradable value today, in that interim time period. Because there's not a lot of demand for that.

GLENN: Right.

So for any small bank that is holding these, if there's trouble, they could be in trouble just like Silicon Valley Bank.

Now, the FDIC, we were told, you know, that's the insurance.

And he said, we're -- don't worry. You don't have to worry about it.

The banks that paid into it.

Well, they don't have enough just to cover what they covered yesterday. So they're already upside down.

So that means, if we do have runs in the bank, in the future, you know, near future.

They don't have any money. Which leads me to believe, we will just print the money.

Doesn't -- I mean, the inflation rate of what we're doing is crazy. Is this the beginning of the currency death cycle?

CAROL: Well, the currency death cycle began a long time ago.

I would say a couple of things. From an FDIC standpoint. They are saying, we are going to put a fee out to other banks.

So when Joe Biden comes out and says, the taxpayers aren't paying for this. You aren't paying for it directly.

But you certainly will be, whether it's a lower interest read on your money, or more fees or whatnot, if all the other banks have to go in.

What I do think can happen here, in the meantime, is, you know, with the bank, they're trying to sell off pieces of it.

And they're trying to find new homes for it. So the FDIC is covering it. Its insurance, if it needs to make it whole. But if somebody else were to buy it or buy other assets. There's a way that that structure sort of happens. And obviously, that's the best-case scenario.

And again, frankly we just should have never gotten to the point, where we had this panic. But, you know, the idiots didn't prevail there.

You know, should there be a God forbid, wide run?

Yes. And in terms of trying to dissolve this would-be money printing. Again, if I can respond.

Some people did not like what I had to say. That's sort of my point.

Someone is saying -- I'm not paid by anybody. I'm saying, we wanted to stem this, because what would happen to everybody.

People who are not involved at all, would have cost you a lot more than this, you know, kind of temporary pin here.

GLENN: I don't think people understand the destruction that is coming our way. It's coming.

This is going to happen. It's just a matter of when.

And people are like, you know, I'm fine. Bring it on.

No. You really don't understand.

You should be in a healthy way, terrified of what's coming. And I use the word terrified.

Do you remember, our grandparents went through something, that they were 50 years away from.
And they were still like, it could happen at any time.

That's the kind of pain that America is about to go through. And remember, those people grew up without indoor toilets. Okay?

They grew up without all the fancy stuff that we have now.

They didn't have that far to fall back.

We have an enormous way to go back.

You should be terrified of it.

In a healthy way.

Deep State ON NOTICE: New Tech Traces the USAID, Globalist Money Trail | Glenn TV | Ep 415

The Trump administration is in the process of doing something historic. Not only is Trump using Elon Musk and the DOGE to cut insane amounts of wasteful spending, but he’s also dismantling the deep state brick by brick. This administrative rogue government was originally built under people like Woodrow Wilson and FDR — but thanks to sites like USASpending.Gov, new corruption is revealed every day. On this episode of "Glenn TV," Glenn Beck goes even deeper to reveal outrageous expenses taxpayers have been funding all over the world. Did you know the U.S. State Department allocated nearly $4 million to fund police in El Salvador … with a sports league? Or that USAID has been subsidizing the Kenyan medical system with over half a billion dollars while our own health care system needs work? Just looking at the USAID spending isn’t enough. Glenn follows the money trail on four chalkboards to reveal a complex system that was built over decades, showing how our tax dollars have been laundered through multiple layers. And he names the organizations that the DOGE data experts should shine a light on next. While the establishment and Left take to the streets to protest the DOGE, Glenn reminds them of Trump’s 2024 campaign promise to decrease the size of government and increase transparency. This isn’t dictator stuff. We voted for this! Glenn is joined by the creator of DataRepublican.com, whose site has gone viral as millions of Americans clamor to find where our money has been wasted. Her work is making globalist elites nervous, so she has to remain anonymous. Her data has exposed NGOs that claim to be charities but are really taking our tax money and spreading it among themselves. She says, “These people have made a government INSIDE our government,” and they are not going down without a fight.

Did Microsoft Open “A NEW WORLD” With This Quantum Chip?

Microsoft just made what is possibly the biggest announcement in Glenn’s lifetime. The company’s new 8-qubit Majorana 1 quantum computing chip could usher in an era of rapid change like mankind has never seen. Glenn explains what makes this technology so game-changing, what a “topological conductor” is, and what the world might look like in just a few years if these chips are deployed in computers or given to AI. But just as impressive is the other thing the CEO of Microsoft announced: the creation of a new state of matter …

Transcript

Below is a rush transcript that may contain errors

GLENN: So yesterday, they announced at Microsoft, right after we left the air. I got a note. From somebody that works at Microsoft, that says, we just announced this two minutes ago. You should see it.

It was pretty amazing. It was a video that they released. It was about 20 minutes. Let me tell you what the CEO of Microsoft tweeted, shortly thereafter.

A couple flexes on the quantum computing breakthrough we just announced. Listen to this sentence. Most of us grew up learning there are three main types of matter: Solid, liquid, and gas. Today, that has all changed. After nearly a 20-year pursuit, we've created an entirely new state of matter, unlocked by a new class of materials. Topoconductors. Topological conductors are -- if I can explain topological, and please, I'm way out of my depth on this.

If you really want to know, I'm trying to break it down in layman's terms, as I understand it. Topological is a state, if -- if you had a friendship bracelet, you know that a friendship bracelet can create any kind of shape. You can tie it in a figure eight. You can make it into a loop. It can bend upon itself. But none of the threads, the individual threads that make up that friendship bracelet, become confused with the other threads.

Okay?

It doesn't break. It retains its basic shape. But you can make it into anything. Got it?

Topological shapes, you have to think differently. A coffee cup, a Styrofoam cup and a doughnut are the same topological shape.

Meaning, they're generally round. And they have a hole in the center. Now, the coffee cup doesn't have a hole at the bottom, like the doughnut does. But it's the basic shape, okay?

And you can -- what a topological conductor is, is it can -- it can morph and move, but it could be a coffee cup or a doughnut. And it retains all of its same properties, even though you and I would go, that's not the same shape. Got it? Sorry for anybody who really understands this, that's the -- that's the height of my understanding in 12 hours of topological states.

Now, what they've done is they have found this fundamental leap in computing. They have built a -- a chip, that they have now made into a topological conductor by using an element, a molecule, that we didn't even know really existed up until a year ago. It was speculated that this molecule existed. I think back in the '20s or '30s. And that's what the chip is named after. The guy who has said, I think there's this molecule out there. We've never been able to find it. A year ago, after 19 years of Microsoft pouring money into this research, they finally found it, a year ago.

In that year's time, they've not only found that they could find it, but they could take it and they could control it. In a topological state. Or conductor.

It -- if you just think of that friendship bracelet, but this new molecule is like jelly running through the whole friendship bracelet. The jelly is that new molecule.

That molecule now is -- is being used like a cubit. A cubit is a way to process a quantum computer. It takes us from linear computing. One plus one equals zero. Wrong. One plus one equals one. Wrong. One plus one equals two. Correct. Instead, at the same time that it took me just to say one plus one equals zero, wrong! All one plus one questions are asked and answered at exactly the same time, and only one comes back right.

Okay. So it answers one plus one to infinity, equals infinity, plus one! Wrong.

It answers all of that in the same amount of time. So you don't have a linear thinking, device anymore. It takes your computing power, from what they announced yesterday. Now, they don't have this yet.

But what they announced is they can take this molecule. Like if you think of it finding this molecule and taking really teeny tweezers. And picked it up. And putting it on to this chip, one at a time.

They can put millions of these molecules on to this chip.

Millions of molecules will be way past the computation powers of the world's best supercomputer.

If the cloud all of the servers, all hooked together, were in a warehouse the size of Planet Earth. Okay? That's what they announced yesterday. And, again, they're only at eight cubits. But they say, if this works, they say, they could be at millions of cubits in a pretty short period of time. Everything changed yesterday. Everything changed yesterday.

STU: So, again, last hour, you were talking about this new development from Microsoft.

The new -- well, they say a new form of matter.

GLENN: Yes. They say that we know -- we grew up in a time that there are only three states.

STU: Solid, liquid, gas.

GLENN: Yeah, now that's want true right now. As of yesterday.

I mean, getting your arms around just the -- this is amazing. This is just the beginning. If you were -- if you read or heard about the Microsoft announcement yesterday.

This is what life is going to be like, multiple times a day, in the next three years.

You will not be able to wrap your mind around what the hell was just invented.

What does that even mean? That's the way your life will be, really, getting faster and faster, the closer we get to 2030.

STU: I feel like I can see the future. Because I can't wrap my mind around what's happening today.

GLENN: Today. Right. It's still though -- in some ways. You can wrap your mind around all the corruption and everything, that Biden was doing. There was some understanding of corruption and their goals don't meet our goals, et cetera, et cetera.

STU: Sure. Well, that I can handle.

GLENN: That you can handle.

STU: I'm talking about what you discussed last hour. Not to put too fine a point on it.

When they say, up until yesterday, we had solid, liquid, gas, and now we have this new kind of matter. They're not saying, they created this new kind of matter. They said, they have discovered it. And have harnessed it. They say, it was there the whole time. But it was something beyond the time of human beings, until basically this week.

GLENN: We couldn't find it. We couldn't control it. We didn't even know it actually existed. And we certainly didn't know how to control it.

In a year, okay. And they've been looking for it for 19 years. Microsoft. Longest running research program they've ever run. They found it a year ago, they know how to control it. And now, how to make it into a chip, something you could hold in your hand, that has a million cubits of quantum computing.

STU: Now, that if we know means nothing to me. Millions of cubits of quantum computing.

GLENN: Means all of the -- your phone. If they could put it in a phone, I'm not saying they can or will. If they could put that one chip in your phone, it would make your phone as powerful as the best supercomputer, with a server farm, the size of the planet earth.

Okay?

In your phone!

Okay?

That that's what that means. Now, it's not going to go into a phone, I'm sure.

And I don't think we will all have access to it.

I can't imagine we all have access to it. Because it is going to -- it is going to -- you will be able to put into a quantum computer.

I'm sorry. This is like, you know, talking to a monkey. Listening to me right now, on this. Is like talking to a monkey. But you will be able to say, look, I need airplanes, to be absolutely the most fuel-efficient.

I don't care what the fuel is.

You can invent new fuel too. I need it to be a quarter of the weight of an airplane.

Carry more passengers.

And I want it to travel at 9,000 miles an hour. And it has to be efficient. Give me the materials. And tell me how to make that plane. Boom, ten minutes later. You have the design of not just the plane. But the materials and the fuel!

This chip alone, could give you -- and it's so much more than this. But it will -- you will be able to say, I want a battery, that only needs to be charged once. And then it will never lose its charge.

Ten minutes later, it tells you exactly, no testing, exactly how to build that. Battery.

And what molecules and what the chemical formula and makeup is, in ways that we have never, ever even considered.

And most importantly, as I said last hour, it is -- it is a game-changer. You know how Donald Trump has changed the game of the presidency now. I don't know if the presidency will ever be the same, because of what he's doing, right now.

And the speed that he is moving.

When he said, I'm going to get this done. I'm going to get this done. You know, in 100 days. We all knew that he meant that, but we were looking --

STU: Everyone says it though.

GLENN: Right. Everyone says it.

So we didn't understand how that was even going to look.

STU: Uh-huh.

GLENN: That's what this is, on steroids.

He just changed the game!

This is going to change the game.

Invested saying, hey. How do we cure cancer?

It -- it will say, why cure cancer? I'll just redesign the human, so it never gets cancer!

Okay?

That's the kind of game-changing scenarios that we're looking at, in the next five years.

So there's a lot.

STU: A lot on the table there.

GLENN: Yeah.

STU: And so you were discussing that. And discussing how, you know, AI is going to move at -- you know, 50 years of human advancement can happen in ten minutes.

GLENN: No. It's understanding 50 years. Its growth of knowledge and experience.

Right now, is five to ten years, every 12 hours. It will be 50 to 100 years, every 12 hours, soon.

Now, think of that. In knowledge, in wisdom, if you will.

GLENN: And correct me if I'm wrong here, Glenn, but there's like, when we have a new advancement, there's an idea from people who are resistant to it.

Hey, like, we need to -- you've said this before. We need to top. And we need to ask questions about this.

We need to have a conversation about this. Time is up!

GLENN: Time is up.

STU: Even like phones.

We need to rethink this.

I don't think there's any hope that society stops going down this road.

GLENN: No. You can't.

STU: There's going to be too many things that you like from it.

We're already seeing it from people who are -- whose job is to write marketing copy.

They can all say they're not using ChatGPT, but they all are. Because they know, they can get what they used to take in half an hour, done in ten seconds.

GLENN: You can't -- I believe it -- there's -- there's -- there's another step beyond this one. At this point, you should be using ethic ally AI to -- and control it yourself, not rely on it.

But use it to enhance what you can do, on to speed up the process of what you can do. Okay?

It is speeding up the process for me, on research, right now.

I did not understand topological states yesterday. I had no idea. It would have taken me forever to research that. AI can take -- Grok can take a Google search, that might take you six hours to do on Google. And do it in half a second! Okay. So you understand it.

And when you get it, and understand it. Instead of going to another place and trying to read it. You can say, I don't understand this. Can you break this down for me?

Can you give me real life examples? Can you give me an analogy for this. And it will. And it will dumb it down to a point where you say, okay. I get it. So you need to do that.

But at the same time, you must start answering real questions.

And -- and get into the hard discipline, of what is real, and what is not.

What is good, and what is not!

What is human, and what is not. What is life? And what is not.

What is your purpose? You -- the loss of those ideas, that we've never answered. This is how impossible this task is, gang. But we have to do it.

Questions that man has never answered or never been able to answer. What's the meaning of life?

You cannot just coast on that anymore.

You have to do the best you can. Why am I here?

What is the purpose of my life? You have to ask and answer those questions now!

Because as this continues to grow, your purpose -- your understanding of those deeper questions, are going to be hijacked or dismissed. And you will just begin to merge with whatever AI is.

And you'll just start living and feasting off of AI.

You have to separate yourself and be strong and use it as a tool, instead of it being God, instead of it ruining your life.

STU: Or your girlfriend. Or best friend. Yeah.

GLENN: Whatever. You can't just -- you have to know who you are!

STU: Hmm.

GLENN: This is -- this is -- I'm struggling. And this is one of the main things now, I'm really working hard to be able to explain to you, it's all up to us, as individuals. You're never going to stop this.

But right now, we're in a place to where, you should be using it, and knowing what you're using, and helping -- and letting it help you, discover things, et cetera, et cetera. But not relying on it. Okay?

STU: Right.

GLENN: And not allowing it to merge into your idea as I'm relying on it.

It's my friend. It's anything like that. And never, ever let it cross the boundaries in your mind, of what it is!

We have to answer these existential questions, right now.

Because the next phase is: Merge!

And if you haven't done the hard work between now and then, which could happen in the next five years, could happen -- listen to me. Could happen before we have a new president, sitting in the Oval Office. Where we are talking about actual merging with machines!

Once you get there, if you're dicey at all on what this is, you will merge! I mean, I'm not saying this is, by any stretch. But it could be! This is mark of the beast kind of stuff. This is once you take that merging point, it's not going away. You will always be that.

What MAHA Supporters MUST Know About IVF

President Trump has signed an executive order to look into ways to expand access to In Vitro Fertilization (IVF). IVF has become a very controversial issue among conservatives, especially since many pro-lifers view it as just as bad as abortion. So, what's the truth? Glenn believes that we must have this tough conversation NOW, so he invited fellow BlazeTV host ‪@lizwheeler‬ to make the case against expanding IVF access: "the reality of IVF is not what it is portrayed to be. For every 1 of those beautiful babies that's born, about 15 babies are killed." Plus, Liz arguest that Trump and RFK Jr. must look at the fertility crisis through the MAHA agenda.

Transcript

Below is a rush transcript that may contain errors

GLENN: I want to have a tough conversation with you. Because these are the things that we have to decide before we embed them in AI. We don't -- you know, we don't know our own morality.

What are we putting into AI? And this one is a very tough one. Yesterday, Trump signed an executive order to expand access to in vitro fertilization. IVF. That takes the egg of the mom and combines it with the sperm of the father, and puts it in a petri dish to create an embryo. A new life.

IVF re-creates the moment of conception, but in a lab. And it's a controversial process. Because at least those of us on the right. You know, we celebrate the creation of life. It's a miracle that a couple that can't have a child or struggling to conceive can. But on the other hand, a lot of the embryos created in the lab are discarded. And if you believe that life begins at conception, that means that you're throwing away, or worse, experimenting on new life. Liz Wheeler is here to take us through this maze. Hello, Liz. How are you?

LIZ: Hi, Glenn, thanks for having me.

GLENN: You bet.

So, you know, I saw that -- you said, over 90 percent of the children created by IVF die, either left frozen or abandoned, destroyed due to eugenics, experimented on, or miscarried. Only 7 percent are born.

What is the real -- make an argument for somebody who may not believe the petri dish is the beginning of life. Can you?

LIZ: Yeah. I want to start by saying that this is such a gut-wrenching topic to talk about.

GLENN: Yes.

LIZ: Because every baby born, regardless of the circumstances of their conception. Is beautiful and worthy of dignity.

And has value. And should be celebrated. So all those beautiful babies that were created by IVF are not less though Because that was the circumstances of their conception.

GLENN: Correct. It's still a natural process.

It's just making it happen in a lab. But it's still the miracle of life when you put those two things together.

LIZ: Of course. Those children are still made in the image and dignity, the likeness of God.

I also am deeply empathetic, to women who -- couples -- married couples who are trying to conceive, and are struggling to conceive.

Before I had my first daughter, my eldest is 4 years old, I struggled to conceive for three years. And I lost a baby. And it's horrendous. It's the worst thing that's ever happened. And so I understand how emotionally fraught this topic is. Because if you're given this opportunity, you know, if IVF can fulfill this deep desire in your heart to have a baby, I fully empathize with that.

But all that being said, the reality of in vitro fertilization is not what it's portrayed to be.

Because for every one of those beautiful babies that are born, about 15 babies are killed. So it's not a pro-life endeavor to support in vitro fertilization. As a solution to the infertility crisis that we are suffering in this nation, and we are suffering an infertility crisis in this nation. We've never experienced a point in world history where one out of six, or one of seven women are struggling to conceive, where you have to make an active choice to try to have a baby versus just it happening, you know. Doing what comes naturally.

GLENN: Right.

LIZ: And my -- my argument against in vitro fertilization is a couple of things: First of all, it's anti-MAHA, right? One of the exciting things about the Trump administration is he chose Bobby Kennedy to partner with him, to actually investigate the root causes of the chronic health crisis in our nation. We're so excited about this.

I mean, thank you, President Trump for choosing Bobby Kennedy. Thank you, Bobby Kennedy for never giving up.

And for praying every day for this opportunity. But let's apply that same philosophy to the fertility crisis. Let's not just put a Band-Aid over this.

Let's go to the root cause and say, hey, why is women's fertility struggling right now? What could be causing that? Because that's not how it is supposed to be, and let's fix it.

GLENN: Hang on just a second. This is a really amazing stat. The rate of fertility in the United States dropped 3 percent in 2023 from 2022. From 2014 to 2020, the rate consistently decreased by 2 percent annually. There is something happening with our bodies.

LIZ: Deeply wrong. Yes, there is. I mean, it's the same thing. To be honest, it's the same thing that's happening with our children. We have Big Pharma and big food. And it's poisoning our bodies. It's disrupting our endocrine system. It's disrupting our hormones and resulting -- testosterone levels, sperm counts are falling.

Like, there are identifiable things, measurable things that are happening to our bodies. That we can reverse. If we stop letting big food and Big Pharma dictate.

That's where it gets back to IVF. So big Pharma, this is a cash cow off of Big Pharma. They make a ton of money off of in vitro fertilization. Which means, they are unwilling. Just like during COVID, when they were unwilling to say maybe hydroxychloroquine. Maybe ivermectin.

Don't know! They only wanted the vaccine because it profited them. It's similar to this.

They don't want to look at restorative fertility. They don't want to look at natural technology. They don't want to look at these other options that are healthier and more effective and more humane and more ethical because they don't profit from those things.

So then we get to some of these numbers here. And these numbers are really what break your heart. When you kind of zoom out and look at in vitro. So according to the CDC, just in the year 2021, there were 238,000 women who underwent IVF treatment, who underwent this procedure.

Now, every time that a woman undergoes this procedure anywhere. This is an unregulated industry.

So anywhere between five and 15 embryos are created. Multiple of those embryos are then implanted in the woman.

However, getting back into the statistic you started this segment with. Over 90 percent -- 93 percent of those never are -- they are not born live. They are either -- all 15 aren't implanted into the woman. Many of them will frozen.

They're, quote, unquote, screened for bad genetics, which is an epidemic. They look for characteristics that they might not want in the child. And then they destroy and experiment on those embryos. And because in vitro does not address a woman's hormones and fertility in her body. Oftentimes, she miscarries.

So the risk of miscarriage with in vitro is much, much, much higher than an ordinary pregnancy or restorative fertility.

So then you have this 238,000 women who underwent this. They have ten, seven, eight, ten embryos that were created. That's about one and a half to 2 million embryos created a year. And yet, in 2021, fewer than 100,000 babies were born from in vitro which means that anywhere between 1.5 and 1.8 embryos, which, Glenn, we know scientifically, spiritually, and ethically, human life was destroyed, discarded. Experimented, or remain in a freezer somewhere, you know, indefinitely. Which is more children are dying from in vitro than are dying from abortion in the United States of America.

GLENN: So this is absolutely heartbreaking.

Because, you know, my wife and I struggled. We adopted. And we struggled to have a child.

And, boy, when -- you know, when a woman wants to have a baby and can't, it just screws with your mind, so badly.

And it's heartbreaking, when a couple wants to have a child. And there's so many children that are being aborted.

And you're like, let me take them!

Please, let me take them. But this, when you say the pharmaceutical companies like this, because they're getting rich. The cost is between 12,000 to 25,000 per cycle!

And it takes several cycles, usually to take. So, you know, it's wildly expensive.

What does Trump mean when he says he wants to make it easier to access? Do you know?

LIZ: Well, that's the thing about this executive order. And President Trump is a very open-minded individual. One of my favorite things about him, actually besides how hilarious he is on Truth Social. Is that he listens to those who voted for him. I think this sets him apart from almost any other politician that I've ever known in my lifetime. The executive order is not entirely specific. It actually just requests a report on how to make in vitro fertilization more accessible. And so what I would encourage President Trump and his team to do.

What I would request from them, is, you know, think outside the box here.

Look at -- look at in vitro through the lens of make America healthy again. Say, wait a second.

We are here to DOGE the corruption that exists between government and, you know, Big Pharma or big food, or whatever. DEI programs. All this stuff that President Trump has Elon Musk doing that we're all delighted with.

Apply that philosophy to this on too. To make sure when you're looking at in vitro fertilization, you're looking at it through the lens of, hey! Is Big Pharma lying to women? Lying to families to profit themselves. Is this essentially that's actually harmful for our country? Because someone else wants to make money?

And, meanwhile, they're hiding from women, the fact that if you undergo in vitro, your child is more likely to have heart defects.

And, you know, physical deformities in addition to miscarrying. In addition to all of those innocent lives that are being -- that are being put on ice, quite literally, and being discarded.

And, Glenn, one of the things that really chills me when I talk about, or when I research IVF. When we're talking about it, is this genetic screening. These embryos are given ratings on a scale of one to ten. Is this healthy?

Is this not healthy? Do they have desirable characteristics.

To me, that's just -- if it's not eugenics right now. Which I would argue it is.

It's a road to eugenics.

Trump's executive order. I would encourage him to really focus on restorative reproductive health. Focus on natural technology. Focus on MAHA.

We can fix this crisis. We all want more babies. We all want the United States to have an incredible baby boom. I share that desire with them. I think it's wonderful that he wants to be pro-family. But let's do this right. Let's do this in a way that's never been done before.

GLENN: So where does Bobby Kennedy -- I mean, is this a passion point for him at all, on at least restorative health for the pregnancy rate?

JASON: One of the interesting things about Bobby Kennedy is his cues. He's actually, he's often portrayed as an anti-vaxxer. He is so open-minded to wherever the data leads him.

And if he is presented with evidence that women's fertility. This is not how our body's were intended to work. We were intended to be very fertile.

And something that we're doing. Some intervention, environmental, food, Pharma, whatever it is, stress, technology.

This combination. This culmination. If something is not correct, then he wants to fix that.

GLENN: But it's not just happening here in America, it is happening all over the world.

LIZ: It is, yes.

And but what's interesting is the fertility crisis is happening in nations who have adopted more of a western mindset to medicine. Meaning Pharma and also food.

GLENN: Yes! Liz, thank you very much for taking us through this. If people want to get involved, how -- what would you suggest?

LIZ: I would suggest reaching out to President Trump. Get on X. Email. Call.

Make your voices heard. And if it's tough topics and emotionally fraught topics, there's a compassionate way to handle it. We obviously should handle this in a very compassionate way. But encourage President Trump to look at the reality of the IVF industry. Because at the end of the day. For every one life that is born. About 15 babies are killed in this process.

And we as a nation should not accept that morally.

GLENN: Liz, thank you very much. Love you. God bless. She is the author of hide your children.

She's also a Blaze TV host of the Liz Wheeler Show, which is -- she's really, really very smart and just really logical.

You can find it at BlazeTV, but also YouTube.com. @LizWheeler. And her Twitter is @Liz_Wheeler.

How Trump Can PUNISH Trudeau Without Angering Canadians

"It's been a bumpy few weeks" for US-Canada relations, ‪@RebelNewsOnline‬ founder Ezra Levant tells Glenn. But do Canadians actually hate America after Trump's tariff announcement, his talk about making Canada the 51st state, and the brutal US-Canada hockey game? Ezra joins Glenn to give his perspective as a Trump-friendly, Trudeau-hating Canadian. Plus, he explains why "Justin Trudeau wants a trade war" in his last few weeks as Prime Minister and how Trump can punish Trudeau without hurting the Canadian people, and it all resolves around oil ...

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Let's go to Canada. And one of our good friends up in Canada.

Ezra Levant. Hello, Ezra, how are you?

EZRA: Hi, it's great to be on the show. You know, I love America. And I love Canada too. And I don't think I have to choose. And I also love Trump, by the way. So it's been a bumpy few weeks because Trump said, hey, Canada, we will have a problem, or we will slap you with tariffs.

GLENN: Yeah.

EZRA: And when you think of open borders. You think of the Mexican border, right?
And it's true, the vast majority numerically of the smuggling of people is on the Mexican side. But Canada is not perfect. And it's getting worse. There's actually more would-be terrorists that are nabbed on the Northern Border than the Mexican border.

GLENN: Yes, a lot of Chinese as well.

EZRA: Exactly.

And the cartels are active in Canada, including not just Mexican cartels. But, you know, there's big meth labs being found in Canada every week.

Here's the thing, if you look at the announcement that Trump made. This was back I think in November. He said, look, by the time I'm inaugurated on January 20. I want you, Mexico. And you, Canada. To basically do the preparatory work to seal the borders. Start working on it now.

Or else, I'll slap you with a tariff. So I think a grownup would say. He wants us to seal the borders. We should probably do that in our own interests anyway.

And he has. But let's just do the work. Because it's in our interest too. Trouble is, Trudeau said, no. I'm not going to seal the border.

I'm not going to crack down on illegal migrants and illegal drugs even if that's something we should do. I am going to focus on the "or else," and I will get into a sort of staring contest with an ally ten times bigger than us.

GLENN: Right.

EZRA: And I've watched Trump's announcement. He wants the border fixed, the tariff is the "or else."

But here's the thing. And I don't know if Trump has really ever thought about this, because he's dealing with bigger fish.

Like, he's dealing with Ukraine. He's dealing with the economy and the fires in LA. And getting his nominees through the Senate. So he's dealing with huge things.

I don't think he's following the minutiae of Canadian politics.

Because let me tell you one thing I think Trump didn't count on here. Some master negotiator. And the thing about a negotiation, is, the other guy, you know, you've got to be willing to walk away. And you have to make it so the other guy sort of doesn't want to walk away, because his alternative is worse. Here's the thing about Trudeau, Glenn. In January, Justin Trudeau announced, he will resign. And that will take effect on March 9th. That's like three weeks from now. So Trudeau doesn't have the interest of getting a deal. He wants his final few weeks as Prime Minister to be, you know, an epic superhero coming to save Canada. He wants to be captain Canada fighting against the big, bad Trump.

He doesn't actually want a deal, Glenn. Because that's boring. And that looks like he's taking orders from Trump.

If he fights Trump. If he says, no, no, no. I don't want to spend a few billion on border security.

I want to get in a hundred billion-dollar trade war. See, Trump is not used to negotiating with a guy who actually wants to hurt himself. But why would Trudeau want that? Two reasons: Number one, to change the narrative. He's the Captain Canada, saving our country from the big bad -- we have Trump Derangement Syndrome here.

But number two, Trudeau has wrecked our economy through taxes and debt. And inflation. And cost of living. So if Trump actually does bring in punitive tariffs. Trudeau can say, uh-huh.

This is on Trump. Not me. I didn't wreck the economy. Trump did.

So Trump is dealing with a guy who is acting in bad faith.

Justin Trudeau wants a trade war. He wants our countries to fight.

GLENN: So let me ask you this. I've been watching the reaction of some Canadians. And they're like, we're not going to become the 51st state. Do you guys understand trolling. Donald Trump is calling Trudeau the governor of the 51st state to minimalize him. As a mock of Trudeau.

We're not -- we're not thinking about buying you. We're not offering to buy you. And we're certainly not buying troops up there to take you. Do the Canadians just not understand that?

EZRA: I think it's a combination. Because here's the thing, for the last ten years, Trudeau has tried to denature Canada. Our founding prime minister is named John A. McDonald's. John A. McDonald's, our version of George Washington.

He's on our 10-dollar bill. There's statues of him everywhere. Trudeau stripped him off the 10-dollar bill. Trudeau presided over his statues being knocked down. Trudeau has told us, that we are a country that committed genocide against Indian people. Trudeau calls us sexist. Racist. He says. He told the New York Times, we have no core values.

We're basically a hotel. So he has been -- he changes our national anthem. Who asked him to do that?

Like, he's doing all these things.

GLENN: Wait. Wait. Wait. He changed your national anthem from O Canada, to what?

EZRA: It's still O Canada, but he changed the words. He went on Anderson Cooper's show. And Anderson Cooper said, well, what's a Canadian? Okay. Well, that's a question you would expect the prime minister to answer.

He said, well, we're not Americans. That's not -- that's not an identity. That's sort of an attitude. And so he -- here's a guy who for ten years has derided what it means to be Canadian. He's given away citizenship to millions.

So I think Trump in his uncanny way, detected within Trudeau a bit of an inferiority complex. A bit of a weakness. That 51st state thing. That governor thing.

It actually stings, because Trudeau has spent ten years destroying our national identity. And Trump must have got that somehow. Because every time Trump says that, it actually hurts. Because we have spent ten years destroying what's made us Canada.

And Trump figured it out.

GLENN: Well, he's very good.

He's very good at knowing where people's weaknesses where R.

I think that's one of his -- one of his real skills in negotiating.

He knows what the other side is thinking. And what they're afraid of. Let me -- let me ask you this: Are we -- is this going to turn into something?

EZRA: Well, you know, there was some booing. There was a hockey game going on.

GLENN: Oh, no. We're very well aware of it.

EZRA: Some people are very startled. The idea of fighting with Americans is unthinkable.
Really, you almost can't tell the difference between a Canadian and American. Words like about.

GLENN: Right. How long you'll wait for health care. Yeah. There's just a few things.

EZRA: There are some differences, of course. But I can't think of two countries that are more similar.

GLENN: Right.

EZRA: So the idea that we're in some battle with America, it's confusing. But here's the thing. Let me say a quick thing about the 51st state. You know how California, is this huge electoral college that always goes Democrat every time. Let me say this to my brothers in the United States.

You don't want another 41 million people who will vote Democrat.

GLENN: Oh, we've made that point. We've made that point. That's...

EZRA: I myself, would be a Trump supporter. And maybe the problems of Alberta, from where I am, would.

GLENN: Right.

EZRA: And, by the way, I know you have some challenges from Spanish bilingualism. You know, it's French. Get ready for French to be spoken.

I'm just saying, you know, there are a few details. But let me tell you, what -- what actually matters.

I don't know if you know, but the -- our free trade agreement. That Trump renegotiated with Canada.

It will give us he went you want. We have 170 billion, with a B, barrels of oil in our oil sands.

And you have access to it. You have preferential access to it. And so when Trump talks about slapping that with a tariff. My phrase is, is it America first? You're the customer. You need to displace the conflict oil you're buying from OPEC. How about instead of slapping oil with the tariffs, that's just going to your refineries? We're the number one source of American oil under America. You make about half of your own oil in Texas and other places. But the other half, we're your number one source. Then comes Mexico and Saudi Arabia. How about replace that OPEC oil with more Canadian oil?

And I know Trump is a deal-maker. Art of the Deal. How about do a 50-year deal with Canada?
You could buy every one of those 170 barrels of oil. 170 billion.

And that would last you 50 years. You would be able to displace every foreign barrel of crude. $13 trillion deal. That's a bigger deal than Greenland. You have access to your oil. It's yours.
Most of the companies operating there, are American-owned. The Canadian companies are all listed on your stock changes.

You own the companies. American all the way down.

GLENN: Right. Right.

EZRA: And you don't want China to get access to that oil? China is poking around Canada's oil. What does China want? China wants to you push Canada away. Don't. Don't, don't do it. And I just, I think Trump is shooting at Trudeau, but hitting us. Don't do that. Look, I have a creative way to get back at Trudeau. But don't do it by attacking Canada.

GLENN: What's your creative way?

EZRA: Well, I'll tell you, I mentioned before that Justin Trudeau has said that Canada has committed a genocide against our native peoples. But he says that in the present tense. He says, we are committing a genocide.

Really? That sounds like a crime against humanity.

What about issuing an executive order saying, taking notice of Justin Trudeau's confession, that he's presiding against over a genocide, we hereby put sanctions on Justin Trudeau and his cabinet.

They may not enter the United States. They may not fly over our country. They may not do this. So just like Trump is doing with that international criminal court.

GLENN: Yes.

EZRA: They wanted to arrest Netanyahu. If you smack Justin Trudeau around, he loves going to New York. He goes down to New York and parties.

And he sort of does what happens in Vegas, stays in Vegas. Trudeau loves going to America. If you took that away from him, Trudeau would be floored.

Go after Trudeau. You want to punish Trudeau, me too. I've got some ideas. But Canadians -- get all the oil you want. Let's be good friends. And, by the way, you do a 13 trillion-dollar deal to buy oil for 15 years. Now we have money to build up our own forces. And be our best buddies like we were on D-Day. But we were in Afghanistan.