RADIOSeptember 27, 2023

Judge tries to take down Trump with RIDICULOUS Mar-a-Lago ruling

A New York court has ruled that former president Donald Trump and some of his children have committed fraud for years, in part by inflating the value of Trump's properties. But Glenn has his doubts about the judge's ruling, specifically because he ruled that Mar-A-Lago is only worth $18 million. Glenn and Stu compare that ridiculous Mar-a-Lago ruling to the prices of much smaller and way less historic houses and condos in the Palm Beach area — and it only makes it more obvious that this is just another attempt to take down Trump.

Transcript

Below is a rush transcript that may contain errors

GLENN: A New York court ruled Tuesday. Boy, I have to tell you.

If I were in New York, or I were in Washington, DC, or any of these blue states, I would be thinking, I should probably leave here.

Because I don't think I can get a fair trial.

New York court ruled Tuesday, that former President Donald Trump had committed fraud for years, to build his fortune.

New York judge Arthur Engoron, ruled in a civil case, brought by New York Attorney General James.

Now, this is the one that was like, I'm going to get him! I'm going to get him!

So --

STU: That's what she ran.

GLENN: That's what she ran on.

Not the little dog as well. But she did run --

STU: She didn't specify the size of the dog. That's true.

GLENN: That's exactly right. Okay.

So the -- the court system, and the -- the DA decided, not to prosecute. Okay?

They decided --

STU: Alvin brag.

GLENN: Yeah. Alvin brag. They decided not to prosecute.

Police, the southern district of energetic. FBI. No one took this on. Because they didn't think there was anything there.

So she decides to go to civil court, to take them on.

Now she found a judge, that will say, that he engaged in fraud.

Now, do I think that Donald Trump inflated numbers of his wealth?

Yes. Yes. I do.

STU: Really? Now, what evidence do you have?

GLENN: Well, everything. Pretty much everything.

STU: Now, it's totally fine to do that publicly. Totally fine is not the right. It's not illegal to say you have $10 billion. When you have $2 billion. Whatever.

I'm not saying that's what he did.

You can say that. You can say, you're the wealthiest person in the world. When you're not publicly, at a press conference. And there's no crime being committed.

GLENN: But I will tell you, if you're misstating things intentionally.

That is called fraud.

STU: Especially when you do it on documents, over and over and over again to banks. And insurance companies.

GLENN: Now, I don't know about you. But I've never lied on my banking statements when I go to get a loan. Because they generally check those things out.

STU: I would be terrified to do so.

GLENN: Right. Right.

STU: Now, you have the reputation.

And, again, I don't know if this was Trump specifically. This was about his organization.

It could be one of his other executives doing it.

It does seem like it was done often

When you're Donald Trump, you have a reputation of being Donald Trump. Being very wealthy. Everything is the most grandiose thing in the world. There's probably not much questioning. Right?

GLENN: Really? They will give you a $250 million loan and not check it out?

STU: Are they going to check out the square footage of his apartment?

Probably not, right?

GLENN: So -- so -- so the judge said yesterday, that Mar-a-Lago -- he overstated the price.

STU: Just a tad.

GLENN: Just a tad. He said, it's worth $18 million.

STU: I think it was the other way around. He said it was worth more for this particular.

GLENN: No. No. No.

The judge said it was only worth 18 million.

STU: Okay.

It was he --

GLENN: Yeah. No Trump said --

STU: 700 million, I think.

GLENN: Yeah. And he did put probably $100 million into that place.

And it is also a legacy property.

I mean, it's not going for $18 million.

STU: Now, I'm going to say, neither one may be correct. If I were to say, which one is closer to its actual value. I would say, $700 million.

GLENN: I would too.

I mean, it could be worth 200, 300, 500 million. It's not worth 25 million, or 7 million. There's no way.

STU: Right. No! There's no way. How many square feet, is it?

GLENN: I don't even know.

It's this entire peninsula, that goes out of this land bridge, in west palm. I don't know if you can get an apartment for $80 million. Right on the water. Both sides.

STU: Right. A normal 4,000 square foot house, which I would assume is pretty small, right?

For West Palm Beach, but probably like, the average McMansion in Florida is 4,000.

GLENN: Maybe. Maybe.

STU: I'm just guestimating here. But a 4,000 square foot house in West Palm Beach is already, got to be, 4 million, $5 million.

GLENN: Go to realtor.com. Find out.

STU: There you go. By the way, 126 rooms. He took down to 500 square feet at Mar-a-Lago. And it's a business.

GLENN: All right. 62,000 square feet. Okay.

With both sides on the ocean. This has and golf courses. Right?

GLENN: Yeah.

And it's -- it's got a banquet room.

It is -- I mean, it's crazy.

STU: Could you convince me it's only worth 300 million.

Yeah. Maybe. But it's not worth 18.

GLENN: So this is a 50-year-old movie studio. Okay?

Fifty-year-old movie studio.

I mean, it is a historic site in Texas now, but it's not like Mar-a-Lago.

STU: No. The one we're sitting in right now.

GLENN: The one we're sitting in right now. It's maybe worth $50 million. Okay? $50 million. You're telling me, I could have had Mar-a-Lago.

I think I would have taken Mar-a-Lago.

STU: Did they really say $18 million is the right number?

GLENN: That's what the judge said, $18 million.

STU: And that's completely absurd. What year were they talking about?

In 1945, maybe it's worth $18 million.

GLENN: It's crazy.

STU: That's really, legitimately nuts.

West Palm Beach is one of the most expensive areas in the entire country.

It is obviously like, this is a place where super wealthy people run away from other wealthy people.

When they're annoyed with low class wealthy people, they go to west Palm Beach.

GLENN: Right. So let me go to any price listing. Where can I get rooms -- I mean, I could get from high to low.

It doesn't necessarily do that. That's ridiculous. High to low.

STU: I love how Glenn's head is attempting tasks. This is how it will work.

GLENN: Thank you. I will put a minimum of 5 million. $5 million is the minimum I want to see.

Okay. So let's -- all right.

So I have a three-bedroom. Three and a half bath for 7.8 million. That's a condo overlooking, okay?

I have another condo for 6.1.

STU: Do they have the footage listed or no?

GLENN: Yeah. 2000 square feet.

STU: 2000 square feet. And how many millions --

GLENN: 6.1.

STU: But you can get Mar-a-Lago for three times the cost? Wow.

GLENN: Yeah. I have a 1-acre lot. Okay?

It has -- it shows a picture of the house. But I have a feeling, the house is so horrible.

You know how they do that. Look at this. And they're selling it as a lot, and not a house.

8.4. A 1 acre lot. How many acres is Mar-a-Lago.

STU: That's a good question.

GLENN: A lot.

STU: It was 1980. The cost.

Let's see. Looking here. 17-acre state.

That's the federal foundation.

Yeah. It's hard to -- looks like 17 acres.

But there's a 3.2-acre plot. Which has nothing on it. It's just grass.

Currently listed for $200 million. It is -- it is a --

GLENN: Oh, yeah.

STU: It's a very nice plot of land.

GLENN: Right.

STU: However, you know, you wouldn't think that just land would be 240 -- they haven't sold it yet.

It could be one of those e Bay things where it hasn't sold.

GLENN: Where I have a five-bedroom, five and a half bath, five thousand square feet, and half an acre.

STU: Okay. So this is what you might throw at, as a McMansion. Right? A very nice, big house. Not a ton of land.

GLENN: Right. A half an acre.

STU: The house fits, but barely.

GLENN: Uh-huh. Yes.

STU: How much are they asking for that?

GLENN: 11.9.

I'm -- I'm just saying.

STU: It's an expensive area.

GLENN: There's a condo here for five thousands of individuals square feet. Four bedroom. Five and a half bath. No land.

8.4. There is a condo. Six bedroom condo.

Six bedroom, seven and a half bath. 9,232 square feet.

And that's 39 million.

STU: I mean, come on. The claim is that the Palm Beach county assessor had appraised Mar-a-Lago between 18 million and 27.6 million.

Now, the assessors a lot of times, have strange values on homes, right? Have you ever noticed that? Again, you're not doing this yourself.

You're looking at someone else, assessing your home.

And it doesn't always align with what Zillow says.

So that would necessarily be fraud. You have to believe, it's much, much closer -- I mean, $426.5 for Mar-a-Lago, which was their low -- low end value that Trump had put it at.

GLENN: Is reasonable. Reasonable.

STU: Seems reasonable. Again, I've never bought anything in the nine figures. Never made a 9-figure purchase.

GLENN: Really?

STU: But I would assume.

GLENN: I make them all the time.

STU: Yeah, you might make them all the time. I'm trying to -- you have to understand. I'm saying to the audience, you have to understand. So the audience understands. Trying to get Glenn to understand, not everyone makes -- you know, a nine-figure purchase, look, the difference between 100 and 400 million for the average person. Might be difficult to -- how would you even figure that out, without going to some expert?

I have to believe, just back at the envelope. $400 million seems pretty reasonable for Mar-a-Lago. It's probably around where it is.

It couldn't possibly be 18 million. That is bonkers!

And anyone who knows anything about real estate would say that.

Yet, everybody in the media, I have heard talk about this story, as quoted in the overstatement of 2300 percent -- from -- from Letitia James.

Which is kind of -- it's bonkers.

GLENN: So, anyway, they are breaking his companies up now. The -- the court has taken control.

And has assigned people to take over the company. And break it apart.

And I don't know. Sell the assets off. I guess that's what you do.

If anybody is in the -- in the market for a really huge, really huge house, that also has beachfront property on both sides of it, you might be able to get a deal soon.

STU: Well, this is a no longer based ruling. What is in danger, are his New York properties.

Which is the gulf in Westchester. Trump Tower.

GLENN: It's unbelievable. Unbelievable.

STU: They're really going after all of it. And trying to get him to force his control to be gone.

Eric is the one to run the company right now. And he would be out.

GLENN: This is why we have always, always done well, in America.

Because you could count automate law to be consistent.

Nobody -- in my lifetime, I never heard, you know, stories, day after day. Where I went, wow. Never heard that done before.

Never. And that's why people invested in America.

That's why companies were built here in America. Because somebody just couldn't take it away from you.

STU: That's why you don't want to do business in Venezuela.

GLENN: Exactly right.

They can take it away. They can accuse you of something, and take it away.

And the law did not really matter. The law was just a player, in somebody's curio cabinet.

And that's exactly what's happening now in America. You want to destroy somebody.

No, you can destroy them. Destroy their whole life.

It's really sick.

THE GLENN BECK PODCAST

Why Your Actions Matter More Than Words in the Eyes of God

Glenn Beck and Eric Metaxas expose the spiritual crisis gripping America’s churches — a moment they compare to Dietrich Bonhoeffer’s warning before World War II. As the culture descends into moral confusion, too many Christians retreat into silence, claiming faith while refusing to act. Together, they argue that true belief demands courage — that “faith without works is dead” — and warn that neutrality in the face of evil is itself a form of complicity.

Watch the FULL Interview HERE

The American Dream is in CRISIS - How Freedom Was Replaced by Comfort

The American Dream used to mean freedom and the chance to build your own life through hard work, faith, and independence. But today, it’s been replaced by comfort, consumption, and debt. Glenn Beck breaks down how America traded liberty for lifestyle, why socialism is gaining ground, and what it will take to reclaim the real American Dream before it disappears for good.

Transcript

Below is a rush transcript that may contain errors

GLENN: I don't know if you saw the visualizing the American dream, Stu.

You know, what the American dream actually is, is that you can forge your own way.

You can -- you know, you can have a scrap of land, and grow your own food if up.

You can, you know, go to school. Not go to school.

You can find a job. If you're qualified for it, you have an equal chance of getting it, you know, based on merit.

But the percentage of Americans who say the American dream is retirement is 86 percent. Health care, 86 percent. Owning a home, 85. Raising two kids, 78. Owning a car, 72. Vacations, 71. Pets, 66. A wedding, 55 percent. That's the American dream, I can get married.

The American dream, if that's what you think, they've now estimated, the cost per household over the cost -- over the lifetime, retirement is $1.6 million. Owning a home now, 30-year mortgage, 20 percent you want to, is $957,594. Owning a car, buying and finance to begin with new cars every ten years is now $900,000 over your lifetime. Raising two kids to 18, plus four years of public college, $876,092. Two kids. Health care, over your lifetime, spending from ages 22 to 85, $414,000. Vacations, annual vacation from '22 to '85, $180,000. One dog and one cat for 11 to 13 years is $40,000!

That's more expensive than a wedding. The engagement ring, the ceremony, and the reception is now estimated to be $38,200.

There's a reason socialism is doing well. You look at that, and you're like, wow. I mean, if that's the American dream. And for a lot of people, that is the American dream!

That's not what the American dream is supposed to be, but, you know, once -- you know, once Woodrow Wilson and FDR got a hold of us and they started advertising, it became stuff instead of freedom. It became stuff. And, you know, when there's a new report out. Let me see if I have that.

There's a new report out now that shows, first time home buyers made up just 21 percent of the home purchases. That's the lowest on record.

The typical age of repeat buyers hit an all-time high of '62. The median downtowns, reaching 23 percent.

The highest since 2023.

And also, where is it?

The last one is -- the median age for first time home buyers, in 1981, it was 29 years old.

I'm sorry. Yeah. Twenty-nine years old. In 2021, it was 33 years old.

What is it this year?

Median age, first time homeowner, forty.

You're 40 before you can buy any kind of home. That puts these things that people want, dream about, out of reach, until you're 40?

You know, 29 is one thing. But if you're not seeing -- you're not seeing your life really kind of settling down until you're 40, I -- I can understand why you're like, you know what, this system doesn't work.

Because you've never seen it work. It's betrayed you.

Or so you've been sold. It's betrayed you.

And everything is being pushed out of your reach. And when you're young, the one thing you're not is patient.

And at 40, I can see why people are not, you know, yeah. Well, socialism is neat because capitalism isn't working. How would you respond to that?

STU: I mean, it's more lengthy than we have time for. But I would say that the response to, you know, you thinking that you want a home is not to embrace an ideology that murders 100 million people.

That's not -- that's not a good answer to the problem that you think you have.

GLENN: But they're not learning that anywhere.

They're not -- that is our responsibility! To teach those things. Because they're not learning it anywhere.

Glenn Beck Warns of 3 Economic Outcomes That Could Change EVERYTHING | Ep 467

Socialism is spreading fast among America’s youth, and the shocking election of Democratic Socialist Zohran Mamdani for mayor in New York City marks a major cultural and economic shift. Glenn exposes how runaway debt, record home prices, AI job disruption, and the collapsing stake in capitalism have led many Millennials and members of Gen Z to embrace socialism and communism. He reveals the three possible economic futures for 2026: two that are disastrous and one that could change everything if the Trump administration’s global financial overhaul succeeds. Plus, Justin Haskins, president of the Heartland Institute, joins to reveal some terrifying truths about why young Americans are embracing socialism from a poll he conducted with Rasmussen Reports.

Glenn Beck warns: We're already in World War III

"The world doesn't understand yet. We're already in World War III," Glenn Beck warns. "That foe is not China. That foe is militant Islam." Glenn explains the battle we're currently facing and what's to come if we don't wake up soon...

Transcript

Below is a rush transcript that may contain errors

GLENN: From New Jersey, it's Brian. Hello, Brian.

CALLER: Hello!

GLENN: Hey.

CALLER: Yeah. Thanks for taking the calls today.

GLENN: Sure.

CALLER: Yeah. I'm worried that we are headed towards another French Revolution-style because we have entire generations. Or actually people just not being heard by their representatives.

GLENN: Hmm.

CALLER: And it's not just here. It's around the world.

GLENN: Uh-huh.

I -- actually, I had scheduled for this time, I'll just do it some other time. Talking about what's happening in -- in England.

I think England is headed for a Civil War. And -- and it's very close.

I mean, you can't put 4,000 people. 4,000 people, in jail, or try them for hate crimes. And speech crimes.

You can't -- you can't do it. In England!

You can't do that in one year. And expect people to just put up with it!

You can't -- you know, we're -- we're -- America doesn't understand yet.

The world doesn't understand.

We're in World War III. We're already in World War III.

I don't know when it becomes a hot war. Or even a war that we on our side recognize. But we are in World War III. And that -- that foe is not China.

That foe is militant Islam, period. And, you know, when we have a situation to where people are -- when the government is just like, no. It's not a problem.

It's not a problem. You know. You've got illegals all over.

It's not a problem.

It's not a problem.

It is a problem. Don't tell me what -- what the problems are not!

Because we're the ones living it!

You're the experts, who keep telling us, no. It's going to work out fine.

And it doesn't work out fine. And it just gets worse and worse.

Oh. We can spend this money. No. It looks like we can't spend this money. Oh, we can afford this. No. It looks like we can't afford this.

You know, if we do this with Ukraine, it will work out fine. No, it didn't, did it? These endless wars, all of this stuff, don't tell me what the problem is. Listen to the people and start talking to the people. Honestly, this is the reason why I'm doing this today. I -- I need to hear from you.

I need to know what's on your mind, so I stay focused and -- and clear on what America is saying.

Because I don't think -- look, you know, me taking phone calls is -- is not a true representation of anything, but it does give me a sense of -- of where you are, as an audience. Maybe not as America, but as an audience. And there are lots of things that concern me. But I want to hear it from you.
But I think you're right! We're headed for real, real trouble. All you need is real economic trouble.

You start getting real, true economic trouble. 1930s kind of depression stuff. And we're in Civil War.

Dan, Oregon. Welcome!

CALLER: Hello, Glenn. How are you?

GLENN: I'm great!

CALLER: Yeah. Good. It's been a long time.

I guess it's been over ten years, since I've had a chance to talk with you. I was one of your first insiders. I was listening to you, since you were in Florida.

GLENN: Wow. Wow.

CALLER: So it's been a long -- yeah. It has been. And I can't say I've enjoyed all of it.
(laughter)

GLENN: Neither have I!

STU: I can't say that either, I'll be honest with you.

CALLER: You know, you were talking on yesterday's show, reminiscing with Stu about how you guys started. And I remember those old shows. And, you know, at the end of the -- the fusion of entertainment and enlightenment.

STU: Hmm.

GLENN: Right.

CALLER: And there was a lot more entertainment. I remember I laughed a lot.

GLENN: Oh, yeah. I know. I know. Those days are long dead.
(laughter)

STU: There's nothing to laugh about now.

CALLER: Yeah. I -- I'm 78. I still work 40 hours a week. I love my job.

GLENN: Good for you.

CALLER: Been married for 55 years. I have seven kids.

GLENN: Good for you.

CALLER: I've got a daughter -- I've got a daughter who is in her 40s. And she has severe TDS. She -- we don't -- I mean, we're not cutting each other off. She hasn't done that at all. We're still very close as a family. But she was down visiting the other day, and got into a conversation with my wife. And I wasn't in the room. But Kathy said it was just like listening to one of those young people out on the street that was being interviewed by the news media. And she was -- and she was in tears about it. My wife and my daughter both.

And, I mean, I love her, and I continue to support her. She's a single woman, not by choice. She just never found the right guy.

GLENN: Yeah.

CALLER: And I really think that's part of the problem. Because she started reading -- back when Trump was first running, she started reading all of this stuff about him being misogynistic and all of this stuff.

GLENN: Yeah. Yeah.

CALLER: And it's just gotten worse. I -- I'm at a loss. I really am. Because I -- like, I see the country doing better. I keep waiting for the other shoe to drop. But I still feel like that at least right now, we're doing better as a whole. But what do we do about -- what do we do about our kids about -- she went to Portland State University for the last two --

GLENN: Oh, jeez, for the love of --

CALLER: Well, yeah. For the last two years, she went to -- she went to a little college in Idaho called Ricks for the first two years, and Utah State.

GLENN: Oh, yeah.

CALLER: And then she served a mission for our church in Brazil and came home, but then she went to Portland State University. And it just seems to have gone downhill from there.

GLENN: Yeah. Yeah. So, Dan, I think you are suffering from the same thing that almost all parents are suffering from. If you're not suffering from this, then, I mean, God bless you. You know, get on your knees and thank God. Because you are a lucky, lucky family. Everybody has in their family. I have it in my family.

And you have to ask yourself, what is your goal?

My -- what is your goal with your daughter? Your real goal?

CALLER: My real goal is for us to be united eternally. That's my goal. That's my goal as a father and has been to teach her --

GLENN: And how -- and how is that going to happen with politics?

CALLER: We just stay together as a family regardless of what politics does.

GLENN: That's exactly right. Exactly right.

I think we're in a place now where as parents, you can ask your kids, but it has to be honest. It cannot be trying to win. It has to be honest. How did you get there?

I mean, I remember. You know, we've talked about this before. And you didn't believe that before. What has changed?

Can you help me with that?

I would like to see what you're reading, or what that was.

And just ask questions. But they have to be honest. They can't be, you know, because I'm setting you up. Because I want to change your mind.

But keep a dialogue open with them. And just love them!

Just love them!

Because if you do anything else, you're going to drive them away. And then they're really lost. So just love them.

CALLER: Oh, I know that. Glenn, when she was young -- when she was young, I considered her one of the elect. And the Scripture says, that in the last days, even the elect are going to be deceived. And that's what I'm seeing. But everything you've said, I -- I am doing. I'm doing it that way. Because I know --

GLENN: Okay. Good. Then you didn't need to -- I appreciate it. I'm so glad you called me. But you didn't need to -- my advice, you already have it down. You're a very wise man.