RADIOMarch 13, 2023

Glenn explains: THIS is how Silicon Valley Bank COLLAPSED

Silicon Valley Bank was shut down by regulators last week, marking the biggest bank failure since the 2008 collapse. So what happened? And what does this mean for YOUR finances? In this clip, Glenn explains exactly how SVG collapsed, why the Fed is to blame, and why working with a FDIC insured institution is IMPERATIVE.

Transcript

Below is a rush transcript that may contain errors

GLENN: Here's what happened. A couple of things. First of all, we're raising rates.

We had the COVID money coming in, right? To have

And you just heard there, all this COVID money. Well, they wanted to invest it. They needed to put it in some place. And invest it.

Silicon Valley. They had so much money coming in from COVID.

And so what did they do?

They bought treasuries. And at the time, you could buy a ten-year treasury, and you would get 2 percent interest. Guaranteed, at the end of ten years.

That was pretty good back then.

But now, treasuries are selling for about 5 percent interest.

And you don't get that, until the end of the ten years.

So when I buy something, a ten-year treasury, you're buying it for ten years.

If you have only eight years on it, you can sell it, but you're going to probably have to sell it at a discount if the new ones are paying more. So they invested the -- the money in treasuries, at 2 percent.

Just let's remember that. What they had in the bank, if you will -- they owed $195 billion. That's to the people who have put their money into checking accounts and savings accounts, mutual funds. They owed $195 billion. They had 208 billion, on the books.

That's a 17 billion-dollar -- when you have people all over the world starting to say, I think the bank is starting to collapse. They start to take their money. $17 billion can go that fast.

There was a clog in the system, that couldn't get the money wired out fast enough.

So they decided, they needed to sell. And then they announced, we're going to sell some Treasuries.

Well, once they saw that they were selling ten-year bonds, at 2 percent interest, and the market was saying, well, that's only worth 75 cents on the dollar in you.

And Silicon Valley bank was like taking it. They knew, this is a fire sale.

This bank is in trouble. That's what started all of the run on the bank. Now, you probably have FDIC insurance.

If you have FDIC insurance, it's to stop runs on the bank. However, Silicon Valley bank is different. It's very different.

I think it's 88 percent of their accounts, are not covered by FDIC. Why?

Because they're giant companies that are using payroll and keeping their money in the bank, as -- as the place where they can run their company.

So they -- they have more than 250,000 dollars in account. If they also, use the bank for a mutual fund, they found out Friday, they were also screwed.

See, this bank, loans money to these companies. These tech companies.

And they loan them out, venture capital.

And so they loan them the money to operate, and to be able to do everything they can, over the next year.

Well, they've got to put that money somewhere.

So the bank loans it out.

It's basically the depositor's money.

They loan that savings account of yours, per se.

And loan it to this venture capital firm.

Or, or -- the tech startup. And the tech startup then says, where do I put all this money?

And Silicon Valley bank says, oh, just in my other hand. Just give me my money back, and we'll invest it in mutual funds for you. We'll invest it in very safe things like BlackRock. So they did. And the tech companies thought they were safe.

Because it's invested in very secure places like BlackRock.

Except, what the bank didn't say, except in fine print. Is that all the money that you had invested, in BlackRock, was not yours anymore.

It was -- it was under the name Silicon Valley bank.

So when people started to call and say, hey, BlackRock, my money is safe. They said, you don't have any money.

Your money is invested in Silicon Valley bank. And because their name is on it, they're counting that as an asset. And now that asset as has to go to pay creditors.

So they lost their money. This is a giant shell game.

We have created nothing, but a shell game.

And the fed is the one that is causing this collapse, by the raising of the rates. But if you don't raise the rates, what happens?

Inflation goes out of control!

Why?

Because we have printed and loaned too much money out.

Okay. We'll pull it back in.

Well, the way you pull it back in, is raising interest rates. If you raise the interest rates, bonds have to pay a higher yield, and so when you buy a bond, you get more money back. And if somebody gets into trouble, they have to sell their bonds, exactly like Silicon Valley. And they have to take a hair cut. And then the entire thing collapses.

But here's the scariest thing.

This is what the fed has set out to do.

They want to see risky things, go away.

They want to see failure.

They need to people who are not stable to go out of business. Stop spending money. So we can suck all that money back in. But when they do collapse it. And our economy is in this kind of shape. You then have a domino effect, because nobody is in great shape.

And thing banks are playing a giant game.

So then people can't pay the paycheck. And then that paycheck falls -- causes you to default on your auto loan. Or your house loan.

And that makes another bank fail.

We're at the place, I told you in 2008. We would be. We have made the 2008 problem much bigger, and there's no way out.

Once you start printing money, there's no way out.

And what did we do?

Well, the fed said, we're not doing TARP. No, no, no. We have something entirely different. It's got a different name and everything. But we're going to cover all of those accounts.

Oh. Oh, okay.

So we're backing -- we're backing that now.

Yeah. But it's not your money. It's not your money. It's the fed's money.

It's the fed's money? Yeah. It's the money that the banks gave to us, to put aside for insurance in case something like this happened. Oh.

Where -- where did the banks get that money? Well, I don't know. Doing business.

Well, I mean, aren't these the banks you bailed out?

Well, yeah. And weren't you just giving them trillions of dollars is if

Well, yeah. Of course, we did. But they were paying in to this account.

Oh, okay. So the money you printed, that I'm on the hook for, you think to the bank, but they didn't use any of that money for that insurance?

No!

No. This is totally different.

Okay.

So now they're going to be protected, and I don't have an answer for you. Today.

Because all of the answers are bad answers. Should we back that?

No. No.

The constitutionalist, capitalist in me, says that's really bad.

Okay. So we don't back it. Well, no. No.

Because the guy who would like to see the entire western world not burn down to the ground, would like you to bail it out, just to give us some more time.

But that puts us right back where we were.

So I don't have -- I prayed hard today. What do I tell people?

Work on your spiritual health.

Because this is coming. At some point. It's coming. It has to. It has to. Now, the Washington Post said today, that the baggage's death marks both a sobering and salutary moment here.

The central bank has sharply increased interest rates over the past year, hoping higher borrowing costs would slow the economy down, and take the steam out of high inflation.

This is what the fed wants to see. They want to see a tightening of the financial conditions.

Great! They're on it. The Washington Post. With $209 billion in assets, the bank was just 118th the size of JP Morgan Chase. The nation's largest. Still Wall Street Journal was rattled by their abrupt end.

Bank of America was down nearly 12 percent in the past five trading sessions. They're down another five or about four and a half percent today.

Some banks are down as much as 10 percent today, before trading even started. The banks that served the riskiest part of the country and the economy, are the ones in trouble. Now, this is the Washington Post. I want you to listen to this.

Banks like SVB and Silvergate Capital, a San Diego-based bank that catered to cryptocurrency users, are the ones that are getting into trouble.

Oh. It's not a run -- it's not a run on the business model of the bank, it's -- it's not -- I'm sorry. It's not a run on the business model of the banking industry, in general, it's just the business model of this bank. So, in other words, if you are making risky loans, to -- to tech, or if you're investing and doing anything at all with cryptocurrency.

You're the problem. Hmm. That's interesting.

I'm going to tie some of this together here. We have a lot to go over, in just a second.

Sadly, it probably comes as no surprise, that anyone after the overturning of Roe vs. Wade. Abortion is still the number one killer among infants. We're still killing nearly a million of our own children, every single year.

And that is still here, in the United States.

I asked you, by the way, if you had had an abortion. You knew somebody that did. And they regret it.

Or you're F you're a child. That somebody tried. Mom tried to end your life. And you lived. Or she changed your mind. Will you write me a letter, and tell me your story?

I have something coming. That I'm working on.

And I will keep your name out of it.

You can use an assumed name. We just need your phone number, so that we can call and verify that you're an actual person. But all the details are at GlennBeck.com.

But we are fighting the good fight. I don't think there is anything we could do that would be more important than standing up and stopping the slaughter of our children.

For $140, you can introduce moms to their babies on an ultrasound. And help rescue five babies. When you do, you will see five stories, and five ultrasound pictures of babies saved. Preborn's goal this year is to rescue 80,000 babies, just from this audience. That's our goal.

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Ten-second station ID.
(music)
Okay. So here's something you probably didn't know: The New York Times is reporting today, that good thing this bank has been saved. Silicon Valley Bank was in many ways, a climate bank. When you have the majority of the market banking through one institution, there will be a lot of collateral damage. Community solar projects appeared to be especially hard hit. Silicon Valley banks said, it led or participated in 62 percent of financing deals for community solar projects. Their smaller scale solar projects also serve lower income residential areas. Don't worry. Don't worry. The fed is covering all of this.

The devastation comes at a critical moment.

It is central to cut the greenhouse gases that are dangerously heating the planet, says the New York Times.

The federal government depends on climate technically companies to develop the innovations needed.

This is going to set the climate change industry down and set them back, for years.

Hmm. Gee. Well, good thing we're not drilling for oil. Good thing we're getting rid of all of our backup power plants, isn't it?

Home Depot cofounder said, the global lending firm, Silicon Valley bank, went broke because it was woke.

Now, the rising interest rates are really -- really why. But if you want to look at their business model, these guys are woke activists. He said, instead of protecting the shareholders and their employees, they're more concerned about the social policies.

As recently as this month just days before it went into receivership with the FDIC, the Silicon Valley bank discussed decarbonization, gay rights, the black venture ecosystem. And so much more.

Well, they were woke. Good thing.

Good thing. By the way, they were purchased this morning. By a British bank. Because Great Britain was worried about their tech industry. As SVB, funded a lot of their stuff too.

So that's good news

WARNING: This British FAILURE could spread across the Western world

The United Kingdom is now arresting over 12,000 people a year for "speech crimes" and is debating doing away with trial by jury for many crimes. Glenn Beck warns that if this can be done in the birthplace of these principles (under the Magna Carta), it can happen to the entire West if we don't END this insanity now!

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me just start here. Because there is -- there is another story that is out in our newsletter today, that talks about how people of college age are freaking out, after Charlie Kirk's death. They don't want anything controversial on campus.

I mean, that's the reason why colleges and universities had protection of free speech, in the first place.

Was to be controversial. To be able to say the things that nobody wants you to say.

And it's really important.

But let me -- let me first remind people of what the Magna Carta is.

It's 1215? The Magna Carta is Latin for the great chart.

Had it not some magnanimous gift from the king.

The king. King John from England. He was -- he was losing a battle. France was just cleaning England's clock.

The baryons and all the lords and the ladies. Said, you know, this king sucks a lot. This king sucks a lot.

And we've got to stop him. Because he's destroying everything.

And he -- he had lost most of the land, to France. And then he started just imposing huge taxes on everybody. And -- and because nobody in the lower class had any -- this all happened with the lords and the ladies. And they were like, enough. Enough. Enough.

You're abusing your royal power.

Well, nobody had ever said that before. That just didn't happen. He had a divine right. He's the king. But in England, they said, no.

You still have to be moral. You have certain laws, and you can't just do these things.

And so what they did, is they got him to agree to the great charter, the Magna Carta. And it placed the king under the law. Before that, the king was the law. So now the king is under the law: It created the principle of due process. Never before did we have that.

You can't be imprisoned, punishment or stripped of property, except by the lawful judgment of your peers or the law of the land. So this creates jury trials. It creates habeas corpus. Protection from arbitrary arrests. All of these things. The government now has to justify itself in a court of law.

That's revolutionary, okay? It also limited taxation without consent. Which we interpreted later as no taxation without representation. Rule of law. Jury trials. Rights of the accused.

Limits on government. Protection of property. Accountability of leaders. All of that comes from the Magna Carta. Okay?

That gave birth, 500 years later, to us and our ideas. Okay?

Now, England, the birthplace of the Magna Carta is now thinking about getting rid of jury trials and arresting more than 12,000 people every year for what they call speech crimes. 12,000!
Now, I want you to think about that.

In Russia, in the same year this stat came out. The latest year that we have, 2023. In 2023, Russia arrested 4,000 people for speech crimes against the Russian military for Ukraine.

4,000 in Russia, 12,000 in England.

The number I saw. We don't have all the numbers. But the number I saw that were arrested for speech crimes in China was 120.

Okay?

Not for violence. Not for theft.

Not for treason.

12,000 in England for words.

Okay. Now, well, that's going on, now the Prime Minister is floating the idea of eliminating, if not most, many jury trials.

It will only be for murder, manslaughter, oh, and something else like that.

Okay?

So, in other words, if you're like, I believe you should be able to read the Bible in your own language, in your own home, Tisdale.

You don't get any hope. You don't get a jury trial. You get the court. You get the king trying you, not a jury of your peers.

This goes against the Magna Carta, the lawful judgment of your peers. Okay?

That's the safeguard that stands between you and an out-of-control state. This is the first and ancient firewall against tyranny. It is what makes England, England.

And if England of all places, tosses that aside, what does the word "free" mean anymore?

Okay? What does it mean? You can't speak, and then you have no jury -- trial of your peers. Wait. What? First of all, understand this: A nation that polices speech is not free!

A nation that dissolves juries is not just unfree, it's prepping for something worse!

Because the entire architecture of the western world, the liberty that we have, rests on a single radical belief.

The truth does not need a king. The truth shall set you free. Who? Is it not what. Who is the truth? Okay.

No king, but Christ. Because Christ is the truth. That's the Western world!

A person's conscience does not need a permit. Speech does not need a bureaucrat's approval before it leaves your lips! That's the West.

That's what built the world. What took it from darkness, to today.

Freedom is not granted we the state. Freedom preexists government.

Government's only legitimate job is to protect it!

Now, here's the dark little secret, that every single tyrant, and every politician knows today. If you control speech, you control thought. If you control thought, you control people.

If you control people, you don't ever have to worry about controlling the government because no one will ever challenge you again!

This is why it is so essential for any side to go, you can't talk to them.

Don't talk to them. Don't listen. Don't question.

You can't hear that. No. They can say whatever they want. But I have a right to refute it. That's why free speech has to be absolute. Not mostly free.

Not free unless it makes Billy over there cry and uncomfortable.

No. I'm sorry, Billy. You don't like it. Refute it.

Freedom that depends on somebody else's freedoms is not freedom!

Freedom that requires government approval is not freedom! Freedom that can be revoked because a bureaucrat doesn't like your tone is not freedom. Once speech becomes conditional, everything become conditional. Your rights, your property, your conscience, your place in society. Because you only live by permission! Never by principle!

We live by principles. Not people!

Who is actually free?

Who is actually free?

The England that once declared the king himself to be subject of law, or the England that now arrests a man because he's posted the wrong meme?

12,000 people!

Can't find one in 2023 that was arrested for that in America. Not one. The England that gave us John Locke, the philosopher of natural rights. Is that person free?

Or the England that now warns citizens that context doesn't matter, if their words cause someone, anyone, emotional harm.

Britain is about loss. But this is not just a British problem. This is the canary in the coal mine for the entire west.

Because these are the people that came up with it. When the mother country forgets its own legacy, jury trials and freedom of speech. When the random that once stared down monarchs now cowers before hashtags and activists and speech tribunals, than somewhere deep inside the Western soul, a light is flickering.

We must remember here, before that same darkness reaches our shores. Because it's already coming on to our beaches. It's already there. There is no such thing as partial liberty. Freedom of speech is the First Amendment for a reason!

It is the guardrail for every other right!

If you lose the First Amendment, you've lost freedom. And if you lose the Second Amendment, you've lost the ability to defend that first freedom.
It's number one for a reason!

You must be allowed to speak, to gather.

To have a free press!

To question your government. You must have those abilities. You must be able to say, especially about government, the worst things about your government! And question them.

And demand answers. To petition them.

That's all in the First Amendment.

It is the pressure valve that prevents so it's from blowing itself up.

The more we contain speech. The more we say, don't talk about. Don't talk about. Can't say that. Can't say that.

The more the pressure builds up. The more likely we blow ourselves up.

It's the mechanism where the powerless can speak to the powerful.

It's the shield that protects dissenters. Unpopular thinkers, prophets, reformers. And, yes, even the offensive.

Look, there are, quote, unquote, historians now who are getting all kinds of bullcrap about Hitler and everything else.

None of that is true. I don't want to silence them. They have a right to say it.

I have a right to say you're wrong! And show you the evidence of what makes them wrong.

That's the way it works. England is about to forget all of this!

They are truly the birthplace of these kinds of ideas, and those ideas led to our idea of real freedom!

No king!

If they forget this, we cannot -- we believe so -- because there won't be anywhere else in the world to go.

The lesson of history, the lesson that history whispers quietly at first. Then louder. And then finally. And we're about at this point, with a scream!

Is that when a state describes which words are allowed, it will eventually decide which thoughts are allowed. Which beliefs are allowed.

Which citizens are allowed.

In the end, in the end, the prisons don't need bars.

The cell will be in your own mind!

Do you understand that, America?
Do your kids understand that?

We don't even know what it means to be free. I thought this weekend, a lot about as opposed to truth shall set you free.

Thought about a lot. In fact, maybe I'll talk to you about it in a minute or so.

Because I don't think people understand what it means to be free.

We think everybody in the world is free. They're not!

And you're about to really find that out!

You want to be tree, or do you want to be safe? Because you cannot have both.

When safety is defined by those who fear your liberty. It's over!

We used to be people who would explore. We were people that crossed the oceans when everyone said we couldn't. We -- we went to space when everyone said, it's impossible. We crossed mountains that no one had ever crossed. We forged -- we forged a nation of really different people. And lived side by side for so long, yes. With bloodshed from time to time. But generally, in ways that nobody had ever done before. Freedom. Freedom is grand. But it's really dangerous. It's messy. Freedom offends you, a lot. Get over it.

Real freedom, real freedom is the only thing that has ever allowed the human spirit to rise above a king. Above a tyrant. Above the mob. Above the bureaucrats. Real freedom that belongs to you. Given to you by God. And that's what they're about to lose in England. The Magna Carta. The simple idea. No man. Not even a king. No man is above the law. Do we have that here?

Do you think no man is above the law? Or do you think there is a class up in the political range, somewhere, that if you're on the right side, don't worry about jail. That's what the Magna Carta tried to stop. That's what we have forgotten even, and they're about to get rid of it entirely.

The modern west is drifting into far more -- far more sinister creed. No man is above offense.

And that is how civilizations fall.

Puttin' the Christ Back in Christmas (Lyric Video)

This song was produced by Glenn Beck using his AI tools.

Lyrics:

Verse 1:

Well, the season's here, and the lights are bright, but they tell me, I can't say Merry Christmas tonight.

They want RamaHanuKwanzMas all in one breath.

Buddy, that phrase is gonna bore me to death.

So, grab some Coco. Let's reclaim this place.

It's the birthday of the baby.

Yeah, remember who that is.

Chorus:

So, I'm putting the Christ back in Christmas.

No microaggression here.

My friend, if words can break you, I'll bless your heart, because that's a battle we can't defend.

Yeah, I'm putting the Christ back in Christmas.

Let common sense unfold. Out with the new, in with the old.

Merry Christmas. Let the truth be told.

Verse 2:

And hey baby, it's cold outside, relax.

It's flirting, not a federal crime.

We used to laugh and dance in snow.

Now they fact-check mistletoe.

They say intent don't matter.

Well, sure it does, ask Santa.

He's judging hearts, not Twitter buzz.

Chorus:

So I'm putting the Christ back in Christmas.

You can keep your outrage warm.

If every jingle is problematic, buddy, that's the real snowstorm.

Yeah, I'm putting the Christ back in Christmas.

Not buying what they sold.

Out with the new, in with the old.

Merry Christmas. Let the truth be told.

Bridge:

They say that greeting is oppressive.

Well, bless my soul.

Who knew if Merry Christmas makes you tremble, the problem ain't the phrase, it's you.

I'll question with boldness. I'll reason with grace, but don't rewrite my holiday to make it a safe space.

So, here's to the manger.

The star in the sky.

The angels who sang up that holy night.

Here's to the story that still brings hope

Even when cultures lost the remote.

Raise your voice, let the bells all ring.

This season was always about one king.

Chorus:

Yeah, I'm putting the Christ back in Christmas.

Let the real good news unfold.

The world may chase the wrapping paper, but the manger holds the gold.

So, I put the Christ back in Christmas from the young to the gray and old.

Out with the new, in with the old.

Merry Christmas. Let the truth be told.

Is Europe’s Future ALREADY Decided... Or is a Civil War Coming?

Europe’s future isn’t being shaped by politics or ideology... it’s being shaped by math. Glenn Beck and UK insider Peter McIlvenna break down the explosive demographic shift transforming Britain and Europe, where Muslim population growth has surged 111% in 15 years while native birthrates continue to collapse. The result is a predictable, unstoppable replacement of cultural and political power, created not by conquest but by birthrates and the West’s loss of confidence in its own heritage. And the same demographic pattern is now emerging in the United States.

Sharia Courts & Demographic Takeover - America's Growing Problem with Political Islam

Political Islam is expanding into the West through demographic pressure, parallel legal systems, exclusive community structures, and a belief that Western nations are too naïve to stop it — and Glenn Beck breaks down the evidence. From Marco Rubio’s warning that Islamic political movements openly seek dominance over the United States, to a Texas developer boasting about “manipulating kafirs,” to archived footage of imams defending Sharia punishments on American soil, the signs are no longer subtle. Many Muslims reject political Islam and flee from these systems — but by ignoring what is happening in our own backyard, America risks repeating Europe’s collapse. The question isn’t whether Political Islam exists; it’s whether we’re willing to confront what it demands.

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me start first. Interview yesterday with Sean Hannity. Here's Rubio, talking about the dangers of radicalized Islam.

VOICE: Ultimately, armed radical Islamic movements in the world, identify the West at large, but the United States in particular, as the greatest evil on earth. And every chance they have -- the notion that somehow radical Islam would be comfortable with simple controls and progress in Iraq and Syria is not born out by history.

Radical Islam has shown that their desire is not simply to occupy one part of the world and be happy with their own little caliphate. They want to expand. It's revolutionary in its nature. It seeks to expand and control more territories and more people. And radical Islam has designs openly on the West, on the United States, on Europe. We've seen that for the rest there as well, and they are prepared to conduct acts of terrorism. In the case of Iran, nation state actions, assassinations, murders, you name it.

Whatever it takes for them to gain their influence, and ultimately, their domination in different cultures and societies.

That's a clear and eminent threat to the world and to the broader west, especially to the United States who they identify as the chief source of evil on the planet. Okay?

The reason why they hate the kingdom of Saudi Arabia, the leadership of the UAE and Bahrain, is because they've allowed the United States to partner with them. That's why they hate them. They consider them infidels for it. They hate Israel.

But they also hate America. And they hate anyone in the world, that we have influence, they seek to attack, including here in the homeland.

If you look at the domestic terrorists, the attacks that have happened here domestically, the overwhelming majority of them have been inspired by radical Islamic viewpoints. That includes the shooting in the Pulse Night Club in Orlando, Florida. That includes the Saudi pilot in Pensacola, my home state. Two attacks.

GLENN: Okay.

So I -- I would like to propose we stop calling it radical Islam. Because it's not radical Islam. It's political Islam. There is religious Islam, and I know a lot of religious Muslims that are good people. Okay? I don't put them in the same category because I don't want Sharia law.

That's political Islam. It's not radical. It's what happens all over the world.

It's not radical, it's political.

You remember, if you're my age. When the wall came down. And we finally got to converse with Russians.

And we always thought -- me growing up. I always thought the Russians.

It's Vladimir. Vladimir. Look, he's spying.

Natasha. He's spying.

Okay. That's what we thought when we were kids.

That's not who the Russians were. The Russians were good people. They were decent people.

They wanted the same kind of things we wanted. We don't agree on everything.

They want to be left alone. Raise their kids. Have a chance at some success and retirement.

Just leave me alone.

Most of us are like that. What happens is, our politicians get in the way. The politicians. The political systems are the ones that are the problem. We don't call it radicalized communism.
It's communism. Okay? It's a political philosophy.
This is a political philosophy.

Political Islam -- it's not radical.

It's just a political philosophy, and that political philosophy, just like communism, wants to dominate the world. Unlike communism, political Islam is so incredibly arrogant. It's inevitable to them. Why? Birthrates.

That's why! Birthrates. And they think we're stupid. And, you know what, so do I! I think we're stupid too. Come on, man. Right? Are we not stupid? We look over at Europe. Are the grand Europeans, that colonized the whole world and are abusing everyone, because they're so sophisticated and so powerful, and everything else. Really are they?

Because look at how dumb they are being right now with their own countries in Europe. They're committing suicide. And so are we.

Now, there's this development that is happening in Texas. Let me -- let me give you an interview, a piece of an interview done by a Muslim developer, of Muslim communities, and -- and how -- and how it actually works.

Listen to these 35 seconds of this interview.

VOICE: The way -- like, you can't make it exclusive, like non-Muslims are not allowed. What we're doing, there's something called a secession fee. I don't know what it's called in Dubai. Like your maintenance fee -- the service fee, to cut the grass, to remove the snow, and whatnot. So that service fee will put that 75 percent of the service fee you're paying, close to (another language).

VOICE: Automatically, if you are a practicing Christian, I would advise you, why help the Muslims? You know. They do their own thing.

Right? So this is the way we're going to put the costs, and our attorney already put it in there.

GLENN: This is the way they manipulate the kafirs. The kafirs are you. The non-Muslim people. The infidels.

And they -- they are manipulating. Because, ha, ha, ha. And why would you do that? That's how they make it an exclusive Muslim community. Okay. And what do you get in those Muslim communities? I want to take you back to 2015.
I had been in Irving, Texas. My studios are in Irving, Texas. And I had been there for maybe three years. And it is the most diverse ZIP code in all of America. Which is a great thing. Except, it's also becoming very, very Islamic.

And that is totally fine, as long as we're not talking political Islam.

Unfortunately, we are. And the religion teaches that you can lie, to an infidel. You can lie if it helps Islam.

Okay.

So I had a couple of imams from the Dallas area, come in, from -- from, you know, where all of this is happening. And I just -- I sat them down. And we just had a great conversation.

I want you to listen to this, what finally came out of the mouth of one of the imams. Listen to this.

VOICE: I'm here. I'm sorry to say, back to the first point. I'm here to discuss an issue with the Islamic Tribunal.

So please, don't -- allow us to have a situation. Maybe, we are ready for any discussion.

VOICE: No. I know that.

VOICE: We are ready for any point to lead the discussion. But the main point here, we are -- the reason we are here to discuss this issue. What kind of cases, Islam tribunal have.

And we start with the Sharia.

And why the people are afraid from Sharia.

I'm sorry to say, at one point related to this.

It's not just in Sharia law. Not just in Islamic law. It's everywhere.

Who said that just in Islamic law?

That's even Sharia, in Jewish Sharia, in Christian Sharia. In America here, we cut -- we -- we -- we cut it for some reason. So I'm asking you an easy question.

If anyone kill another, he should have got killed by a law, by Islamic law, by -- by -- by governor. By -- he should have got killed.

What is wrong with that?

If a thief, jump to go back house. Scare your wife. Scare your children. Scare your neighbor.

And they did that with our stores, this is the law. The law to cut his head.

Because if he feels my hands were cut because of that. He will think about this 100 times. He will never do it.

And if you do that one time, they will never do it again.

Look at how many millions of dollars Americans here or other states or other -- outside has been for the -- to keep, the criminal in -- in jail. A lot of millions of -- we can see that just -- that's it. Because he did something good in the whole community. And they scare the whole community.

Why not. Back please to the point. Islamic tribunal.

Yes. We never deal with anything of that. We don't have authority for that. We don't have power for that.

GLENN: But you're okay. You seem to be okay with that. If you had the power for that happen.

No. You don't --

JASON: Absolutely not. Absolutely not. We -- as imam said, we have system. We are very organized people.

GLENN: Right.

VOICE: Sorry, for this example. Somebody can -- might add. I should have killed him.

GLENN: Right.

VOICE: I had to take this case to the judge, and the judge have to -- to the governor. There's a system, a procedure, that I have to follow.

So it's not like this -- this guy gets killed. No, no. We have -- I -- I give you just an easy example for leader. This is after prophet Mohammed, peace be upon him. He sent one to Yemen. And he told him, before he leaves, he ask him, almost as a habit. What did you do if the people bring a thief for you?

He said, I will cut his hand. Okay. He said, you do that. Okay. He said, after -- after -- he said, okay. If one person came with me, without work, and I blew it. And I blew it. I will cut your head. Because he has no job. So he -- if you run from the sword or grab something from here, to eat. Nothing happened to you. So but if you have your job and enough income, and you took -- a bunch of children and you have house and you have car. And you -- or a thief from here or there. So this is the law. Not to please, the point with Sharia. I ask people. We are not here to do that at all.

It is not our authority. It's not our power. It's not our job. We have --

GLENN: You've got to stop. You've got to stop. Okay. This is amazing to me. Because you hear how passionate he is, about how logical that is. Okay? I mean, you just have to do it, it just makes sense to everybody, we just cut your hands off.

And the Prophet Muhammad, peace upon him, and he he's preached this forever. I mean, it just works. It just works.

Of course, we wouldn't want to do that. But it just works. I mean, let me tell you about it again. Really?

Really? You don't want that to happen. Because you're in the United States, but you're cool with it everywhere else. Everywhere else.

But here it's different!

But my religion, which requires me to say, peace upon him, after I mention the prophet Muhammad, my religion, which is extraordinarily well-defined.

It has these raise. In political Islam.

That must be done. Because the Koran requires it, in political Islam.

But we're not going -- yeah. We've got our own little laws going on now.

We have our courts.

Who we're never going to go that far. Wait. Wait. You believe in political Islam? Of course I do. But you're not going to do it?

Of course not. But the Koran commands you to do it?

Of course it does.

You follow every dictate in the Koran? Of course I do.

But not that one? Come on. Come on. Does anybody really believe that?

Now, that does not mean Muslims believe that. Many do. Many do not. The ones who do not are the ones who have lived under it, and have escaped here. And want a different kind of Islam.

And by just turning a blind eye to this, because they know how it happens. They saw it in their company. They don't want it happening here.

You know, we just take care of things like marriages. Oh, so when a guy says, I divorce you. I divorce you. I divorce you. You're divorced, and she loses everything. Oh, you mean the kind, if she wants to testify against her husband on adultery, she has to have two witnesses, plus her, because her voice and one other person as a witness does not equal him, because she's not equal to a man. Oh. Okay. All right.

But you have that one. And that's okay. No. It's not okay. It's not okay.

It shouldn't be okay in any western country, period. Should not be okay.

Unfortunately, we're all turning a blind eye to it.