RADIOSeptember 29, 2022

The U.S. dollar might CRASH. Here's how YOU can prepare.

The U.S. economy is in trouble, and Americans are feeling it. But thanks to central banks around the world, it’s not just the U.S. dollar facing a potential collapse. In this clip, Glenn explains how the world’s central banks are ‘DESTROYING EVERYTHING.’ He explains how — even though it may seem like it’s gaining strength today — the U.S. dollar is facing a potential crash…a crash that could potentially turn America into Venezuela overnight. So, it’s best to prepare for all worst case scenarios NOW. Glenn provides actions YOU can take to prepare today.

Transcript

Below is a rush transcript that may contain errors

STU: So, Glenn, you have the big special last night on the economy.

And I find it to be a really fascinating situation right now. Let me give you just a couple of stats that I see.

GLENN: Yeah.

STU: The pending home sales, in the United States. Down 22.5 percent year over year. That's as low as the 2008 financial crisis. And almost as low as the covid collapse, which you might -- you might remember, we basically shut down the entire world, in March and April of 2020. It's that bad.

GLENN: Yeah. So nobody was really buying houses at that time, because you couldn't leave your house.

STU: You couldn't leave your house.

GLENN: So it's a little better than that.

STU: A little better than that.

GLENN: A little better than closing every business, every bank, every real estate office. All transactions stop. It's a little better than that.

STU: Yeah.

GLENN: Okay.

STU: Liquidity positions in the US Treasury market. This is measured by Bloomberg. It is as bad as March 2020 basically. As bad as March 2020.

Then you have this situation, which I find to be fascinating. If you have -- if you want to pay $2,500 a month on your mortgage. Okay? $2,500 a month, with 20 percent down.

Typical sort of situation, you might be going to buy a new home. As of a year ago, you could afford a house that was $759,000. With that outcome, 20 percent down. $2,500 a month.

$759,000 a year ago.

Now it's $476,000 because of all the interest rate changes, all of the inflation, and all of that.

Now, at the same time, almost every currency in the globe is going through the basement floor, and the U.S. dollar is the only one that is showing any strength.

So how do you look at all of that? And come up with some grand unifying theory, as to what is going on?

GLENN: The central banks are destroying everything. They're destroying everything. They all got bailed out. You know, the -- and I don't -- I don't -- I'm not qualified. Nor, do I feel appropriately equipped to talk about liquidity in the bond market. That's something that can be saved for CNBC. It just means that those people, who are in the, you know, stock game, the liquidity is very low. Meaning, there's not a lot of access money slashing -- sloshing around. So if things go down, there's no money there, to be able to bail things out. That is the central bank. What they've been doing. They've been printing money. So there's still plenty of money. Okay?

So that means, that you're going to have to start printing money. That's what happened yesterday, in England.

The -- the union pensions, all went under. Okay?

Just -- it folded up. There's no way we can -- we can pay for any of these pensions. Folded up. And so the Bank of England, who just swore, we're not printing any more money. Inflation is already out of control.

They said, except for now. We're printing money. And they just started printing money, like there's no tomorrow.

So the bond market. The stock exchange over there, went up. Why?

Because the people who are playing the game, and getting the money, from the central bank, they're like, okay. Great.

They're printing money again. Plenty of money. I'll make some more money here. I'll put it back into the stock market, and I'll make money. And then I'll pull it out. This is a game that does not end.

You cannot get out of this. This is something I've been warning about since 2008. And they're not going to tell you. I'm going to -- I'm going to attach a name to something. Because I really respect this guy. And I would have never expected him to say something like this. But he really believes, and so I'm attaching a name. Because I think he's a good guy.

And it just shows, if the good guys are thinking like this, what are the nefarious ones thinking?

I was on Neil Cavuto 2007, and I laid the case out, that we were going to have a collapse. And -- and he pushed back, and pushed back. And I have no problem, if people disagree. In fact, I said, Neil, if you disagree, please, I want to know where I'm wrong. I want to be wrong on this. It just doesn't look like I'm wrong.

We finished, and Neil, who, again, I believe is truly a good guy.

He looked at me, and -- sorry, he didn't look at me. I got up from the table. I said, thank you, Neil. That was good. And he said, you're the most irresponsible broadcaster, I have ever met.

And I said -- and that was crushing to me, because I like Neil. And I said, what?

And I said, what do you -- what -- why -- what did I get wrong? Why didn't you say what I got wrong? Because I want to know.

And he said, no. You're not wrong. We just don't say those things. That causes panic. And panic causes things to get worse.

And I -- my -- my point of view was no. By not telling the American people, what is possibly coming, causes even more panic, when it comes.

The reason why I say this, and I've attached his name to it, for the first time, is because I respect Neil. I think he's a good guy. And there are honest people who have honest differences, on what to say and how to react.

But you have an administration now, and a media, that is doing nothing. They're doing nothing, but lying to you.

And everybody knows, this is a train wreck. So yesterday, the British pound, almost collapsed.

Why is the dollar going up?

Because the euro is going down. Because the British pound is going town. Everybody is on the verge of collapse.

America is the strongest place to put your money. Now, let me ask you this: You have to -- you have to put your product in a store. And you're responsible for everything that is sold, damaged, or lost. Where are you going to put your product? A CVS? In a part of town, that is just -- is getting ransacked every day?

You know, you're going to put it in downtown San Francisco, where people go in, and take the product, and just walk away with it. Are you going to put your money there?

Or are you going to put your money in a place, where it may not happen. But it is happening, but just not at that rate. Yet.

You, of course, put your product there, and stop putting your product in San Francisco. Correct? Doesn't that seem logical?

That's what's happening to the dollar. It's not that we're strong. It's just that, we're the last one to go.

And as I've had this argument with people, I've always explained it as the floatiest poop in the toilet bowl. Because maybe it will get people's attention. That all has to be flushed. Okay?

It is not going to last. It's not going to last. But people with lots of money. Institutions, you know, funds that are investing for other people. Where are you going to put your money? Where are you going to put it?

Tell me the country that is stable. Tell me the country that isn't on the verge of collapse. Tell me the country that didn't play the game of printing money, so they could spend more money.

Tell me the country!

You can't. There is no country. Did you see the video of China blowing up their ghost cities? Have you seen this?

They're taking the parts of the ghost cities, where they hadn't finished them. And I mean, 25 skyscrapers. Okay?

They looked finished. They're not finished on the inside. Twenty-five of them. Taking them all down at once. Boom. Blowing them up.

They're all coming down at once.

STU: It looks like the finale of Fight Club. Is what it looked like to me.

GLENN: It's crazy, isn't it?

STU: It's crazy.

GLENN: They're destroying them, because they can't let them sit there empty. So they blow them up and destroy. Because that never worked. What they were doing was printing money, that didn't have. To keep everybody employed. And build these ghost cities.

Now, what? Now, what?

So you have to start thinking, in a way that you've never had to think before.

And this is a global thing. People in England -- and I doubt they are. Because they don't have talk radio. They have the BBC.

And if you think I was on NPR, and would be allowed to have this conversation, you're fooling yourself. So try to get somebody on the BBC to say this. They won't.

You -- if you're in England, and I think that it's going to go well, it's not. And it has nothing to do with the new tax proposal.

The new tax proposal, lowered corporate rates, by one percent. 1 percent.

That's not going to cause an economic collapse. Okay?

That will actually spur things on. Not very much. Because it's only a 1 percent cut. It's no big deal. The other cuts, were already in the plans. They were already coming, were they not?

STU: Yeah. There's a tax cut for the average person, 20 percent. And 19 percent. The highest income bracket, went from 45 to 40. They say, the difference here is $5 billion. This is the -- the panicky thing. You know, the -- these estimates. $5 billion of tax revenue per year. Which, of course, is nothing compared to what they spent on covid. And is basically what they've already spent on Ukraine this year. Not us. But them.

GLENN: So don't send, what you were going to send to Ukraine.

STU: Or just stop spending the money on covid, which you should be doing anyway.

GLENN: Right. And you saved all that money. You've done it in a year. Save that money.

STU: It's a miracle.

GLENN: What's happening is the banks. The central banks have played the game. We are now coming to the end of that game. So now, what do you do?

I'm not going to talk at all about stocks or bonds, or any of that crap, that you'll find on CNBC.

They know more than I do, I'm sure. But let me tell you, for anybody who is not a big investor, what do you do?

Next.
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GLENN: Jeez. All right. So what do you do? What do you do?

I don't know what people are going need to. I just know people are going to be in need. So if we want to be a blessing to others, and yourself. The best thing you can own is food. Water. Natural gas, or, you know, propane.

Anything that are essentials. Toothpaste. Toilet paper. We are going to see real shortages. And that is going to be coupled with a stagflation kind of market, where people are losing their jobs. We're not growing at all.

And -- and people don't know what to do. You have to think like a German Jew of the 1930s. You have to start thinking that way.

You have to start thinking -- just like a German in hyperinflation. If you read any of the diaries of these people that lived back then, they said no one knew what hyperinflation even meant a week ago. Now it's all that people can talk about.
You have a chance, as we outlined on the special last night. There is a chance, we turn into Venezuela.

And that happens overnight. That is not something -- how does somebody go broke? How does somebody go abrupt? Over a long period of time, and then all at once.

You made decisions all along, and you push it off, push it off. Push it off. Then the straw that breaks the camel's back, it breaks. And you are out.

That's the way it will happen here. Hopefully, it doesn't happen. And I can't tell you for sure, what to invest in.

What to put your money in. I know food will never go out of style.

But will food be called hoarding, well, it was in Germany.

Art. Art. But how long does it take -- because there are going to be people that survive. See, they are just waiting you out.

The people at the top, are waiting you out. When you crumble, and you can't afford it, then they'll scoop in, and buy it at a wholesale price.

So what do you have? What do you have? Gold, silver. We're going to talk about cryptocurrencies? Just a second, with a guy who is going to be the head of the -- or one of the heads of the House financial committee.

When we come back here in about ten minutes.

He's going to talk to us about cryptocurrency and what all of that means. And what the government is doing. Right now, what are they doing?

They're collapsing cryptocurrency. Cryptocurrency, I bet you, if it was completely unleashed right now. If there weren't any governments saying, well, we're not going to -- cryptocurrency will probably be at $100,000 for bitcoin right now. You have to have food, water, land, a home, but not the stuff that you're so far in debt.

If you have high interest credit cards, anything that is high interest, or variable, get rid of it right now. It's better to have, you know, five or 7 percent loan on your house. Than a variable loan.

Because the interest rate could become crippling.

Now, what most likely is going to happen, is they're going to just start raising the rate. And raising the rate. And raising the rate. Until, everything falls apart. And then they're going to slash the rate. And at the time they slash the rate. Before inflation is fixed, that is your moment of we've given up. Escalation of inflation is our destiny. You'll start seeing them go to cryptocurrency and everything else. When America is it that, that's when the world really freaks out, and the game completely changes.

European Union Admits TERRIFYING Truth About Digital Currencies

The head of the European Central Bank just admitted that the EU has been planning to roll out a "digital Euro" for OVER 5 YEARS. Wait, we were told that was a conspiracy theory! But now that it's ready to go, the EU is bragging about it. Glenn explains why CBDCs are a dangerous pivot away from the emphasis on personal freedom that the West has long championed. If the EU adopts a CBDC, it should fracture our alliance, Glenn says. Anybody who's advocating for a currency that the government can PROGRAM and TURN OFF is no friend of America or the Trump administration. But it's not just the EU, Glenn warns. Our Federal Reserve is also developing one. Glenn makes the case that Trump and Congress must BAN THIS NOW.

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me start with Europe. With the president of the European Central Bank. The ECB. I love central banks. Don't you, Pat?
PAT: Oh, they're the best.

GLENN: Pat sitting in for Stu again, who is just so sick.

Yesterday, he was vomiting from all the truffles he was eating on the couch, while he was watching soap operas.

Anyway, Christine Lagarde. She's the president of the Central Bank. It's basically our Fed. And they're all the same. Here's what she said, and it's a lot of blah, blah, blah. So I don't know how long I can take it. I'll summarize it if I can't take it for two whole minutes. But here she is.

VOICE: Nature doesn't like vacuum.

GLENN: Vacuum.

VOICE: And we started working on the digital euro.

GLENN: Hmm.

VOICE: Way back.

GLENN: Way back.

VOICE: Actually when I started my term five and a half years ago. And I'm not claiming, you know, parental -- parentality on the digital euro, because my colleague Benoit Kura (phonetic) had already committed a speech on this matter before I arrived, but I certainly carried on with that project, and subsequently Fabio Panetta on the board, and then Piro (inaudible) who has replaced Fabio.

GLENN: Okay. Okay. Okay. I can't listen to somebody who is talking about Fabio. Look, here's what she's announcing. First of all, let's remember that for years, Christine Lagarde and everybody else, both here, foreign, and domestic, have said that any worry about a CBDC is just a conspiracy theory. They have silenced. They have discredited anyone who warned of the dangers of this. But now, all of a sudden, I guess we all forgot that. Because now they're ready! And the steaks cannot be higher. We, I'm telling you, 18 to 48 months, our whole world is going to be different. They are ready to launch this now, and the stakes for privacy, free markets, and individual liberty, especially anybody who kind of likes the Constitution, they're at risk. Okay? This is a really dangerous pivot that is going on right now, and I think it should fracture our alliance. Anybody who is advocating for small government, personal freedom. You know. Hey. Privacy.

I don't think you should be in bed, and Defending those who are going down the road of Europe right now.

Years ago, CBDC. That's central bank digital currency. That's like Bitcoin. Except, the point of Bitcoin is, it's untraceable.

It's completely private. And nobody can stop you from using it.

CBDC. That's a tinfoil hat conspiracy. I'll never do that.

Why would we do that?

In fact, in 2019, Mark Carney, who was the head of the Bank of England back then. He said, CBDC, you are so misguided with your fears.

And he said that, while he was at Jackson Hole. You know, they have that economic symposium, where all the really cool people go to. And they talk about things. And when we, who are not the cool people in attendance go, that sounds spooky. You're just a tinfoil hat person.

Anyway, that's where he made that speech. That it's just misguided.

There's nothing to fear here.

Because we are just experiment. Oh. Kind of like Mengele.

I'm sorry. That was bad. Kind of like, let's say, the atomic bomb. There is nothing to atomic bomb, we're just doing experiments. Why would you be experimenting, if you didn't think that it would be something that you would eventually use.

So, anyway, 2021, Jerome Powell, who is our central bank guy. The Federal Reserve.

He said, quote, CBDCs. I love this one.

Not on the immediate horizon.

Okay. So you're admitting that it is on the horizon!

So in 2024, she, Lagarde, she -- she comes out, and she told the European parliament, that CBDC skepticism stem from conspiracy theories. Saying, the digital euro is not going to be big brother, surveillance.

Remember, what a central bank digital currency can do, and will do, at least over in the Soviet -- I mean, in Europe. Will be that it will track everything that you buy. Everything you sell.

Everything you make. Okay. Not a problem. That's fine.

I don't have anything to hide. Except, it can be turned off! You don't own -- like, I can go to the bank and say, I want cash. I want my cash out. Okay?

You'll be suspected of being a terrorist, if you do that. What's the problem? Hey, that's freedom, baby.

But you can take the cash. With the central bank digital currency, you don't own that. There's nothing to take out. They own that. The central bank and the government, they own that. So you have no place to go, but through them. And if you decide with be I don't really like that, they can turn your currency off.

And make no mistake, that's not a tinfoil hat conspiracy, that's what's happening in China!

So people have been -- there's a guy, practice sawed, I think his name is. He wrote a book, The Future of Money.

It came out in 2018. We talked about it on the program. And he was made to look ridiculous.

Theft!

Anybody who is a Libertarian, they've been talking about, you're crazy.

Anybody who spoke about it, on any platform during the Biden administration.

They're crazy!

And you were throttled or suspended, because you were spreading misinformation. Okay?

So I got the message. It's a farce. It's not happening.

Uh-huh. Uh-huh. Except, now they've just announced that it is happening. Okay?

Back in 2020, the European central bank said, 86 percent of all central banks are working on this right now.

Oh! Okay.

Okay. Then as she said, in 2024, there's a two-year pilot. But now she said, there's a rollout coming for digital currency, from the central bank of Europe.

So it went from conspiracy, to reality, in a year!

Love how that works. And we're all just supposed to not notice it!

Okay.

So here's -- here's why this is so dangerous, and something you must pay attention to.

I am convinced that especially ASI, is going to be a tool. Remember, like everything. Like everything, even Scriptures. Scriptures, that's a tool.

It's a gift given to you, if you would like to use it. But know that that powerful gift that you have, can fall into the hands of somebody else.

And they can twist it, and use it for very powerful, nefarious purposes. That's just the written word of the Scriptures.

Okay!

It will always -- everything can be used for good or bad. It depends on the people who are holding it in their hands. All right.

And I really am convinced that ASI, digital currency, that's all found in the Bible!

I mean, I'm in Bible territory here.

Specifically the last part of the Bible.

That -- are these the tools that are very much like the tools foretold.

That will be employed by the Antichrist, to snuff out anyone who dares to say, I'm really not with him.

Now, so they are -- China has already done this. They launched in 2020, with their digital yuan. It tracks everything.

And that gives you your -- your -- your currency. But it also gives you the currency to be somebody in good standing. If you don't do exactly what the state tells you to do, you're tracked, you're monitored. And guess who doesn't get to go on an airplane. Guess who doesn't get to take the train.

If we say who can't go into certain buildings. You!

Because you're no longer in good standing. And it gets worse and worse and worse, until you are literally living on the streets, only because you disagree with the government.

Don't believe me! Look it up. Now, the US is not far behind. We have got to pass -- and Donald Trump said he would sign it. We have got to pass legislation right now!

No central bank digital currency, ever!

In America. No -- no digital passport, ever, in America!

Because we're already working on a digital dollar here.

Europe's move is not isolated. It is a chess move. Well, they're doing it. And China is doing it.

Or we will do it. Because we will be left behind. I want to be left behind. There is going to come a time where you will hear me -- you probably will. Maybe. I don't know.

There will come a time where I will be like, you know, the Amish have it right. Maybe we should all be Amish. Now, I might just be saying that in a barn with cows and people all dressed in black. I don't know.

But there's going to come a time where I'm like, I think we should all get out of here. And go the other direction.

And it could be coming quickly!

Because what that means for privacy, for free markets.

For your individual choice, is beyond most people's understanding, today!

But you've got to educate. Remember, I said, there's going to come a time, where things are happening so fast, you will not be able to keep up with them.

You've already seen this in a good way with Donald Trump.

He came in. And it's not just that he had a plan.

It's also that we're using AI to find all of these things to correct!

Okay. That's why Elon Musk is there!

Tech support!

That's what speeding things up. Does and you haven't seen anything yet.

So when I give you these warnings.

Saying, hey, you've got to -- please, bone up on it. Please, go ask Grok today.

CBDC from Europe. What does that mean?

What could it do?

What are the good things. What are the possible bad things?

I think, in this case, the bad outweighs the good. Because it takes away any kind of privacy whatsoever. And hands it directly to a government!

Really bad! We'll go more in this in just a second. And so much more, just left this hour on the podcast.

GLENN: Okay. So let me explain. CBDC, central bank digital currencies. Their digital dollars, or euros. And they're issued by central banks. It's like Bitcoin.

Except, not. Here's the big difference: This will replace your cash with what are called programmable, trackable tokens.

Programmable, meaning, hey. We have inflation for gas. Or we don't want you buying so much gas, because we have to reduce emissions. Who is a central person who needs to go to work?

Everybody who has money in their bank, that's not deemed essential. You no longer can fill your tank with gas.

It won't work with any gas pump.

Okay. That's a programmable currency.

Every single transaction from buying bread, paying rent, everything, is programmable by the state.

Now, they say, oh, there's not going to be any data access. That's a conspiracy theory.

I don't believe you on the conspiracy theory, anymore.

You've lied and lied and lied.

And, by the way, in parliament. When they were talking about this, maybe in 2018, they were arguing that we can't pass any of this, until it's programmable.

It must be programmable.

And that means the government can cap your spending, block purchases.

Because, you know, can't buy fossil fuels.

Freeze your account, because you're no longer in favor with the government.

And free markets die!

Because they have a complete monopoly on money.

I don't know if you know this, but monopoly, isn't just the longest, most frustrating, most boring game ever invented. It's also a bad thing, when it comes to free money, free markets.

Bad!

Tenth amendment, by the way, reserves the power to states and individuals. CBDCs. They centralize control. They undermine federalism.

This is a betrayal of everything our republic stands for. It replaces liberty with technocratic tyranny. And if Europe embraces CBDCs and they're still allies, I don't think they're allies to small government, freedom-loving Americans. They're not. They're not.

This path puts them right, directly in the path of every brutal dictator, every fascist. Every German who was on stage after J.D. Vance was speaking to them.

That wept and said, if they want freedom of speech. We don't have anything in common with them anymore.

Because we're about to roll out a CBDC. And that will make sure that everybody only says the things we want them to say.

It is no longer a conspiracy theory. Europe is rolling theirs out, a social credit system will be next.

Leaked Documents Reveal INSANE DEI Plan for NASA | Glenn TV | Ep 419

We knew the Biden administration was obsessed with DEI and CRT, but we didn’t know how deep those sinister policies infiltrated every level of the federal government — until now. Thanks to brave whistleblowers at NASA and the Department of Defense, the roots of cultural Marxism have been exposed. What started as whispers in the shadows under the Obama administration morphed into a $100 billion NASA propaganda playbook leaked to Blaze News and Glenn TV. Never-before-seen documents reveal the dangerous plan to prioritize diversity, equity, and inclusion in NASA’s Artemis mission and “put the first woman and first person of color on the Moon” — complete with a Nike deal. President Trump and Defense Secretary Pete Hegseth have launched a fierce counterattack to slash DEI policies and spending, but is it too late? Retired Brigadier General Christopher Walker, a combat veteran turned mole in the Air Force’s DEI office, tells Glenn there are still woke activists at the Pentagon. He’s seen the screenshots from the DOD chatrooms, and activists are panicking.

ATF Whistleblower Reveals Where Cartel Weapons REALLY Come From

The Mexican government is suing US gun manufacturers for allegedly arming the Mexican drug cartels. But former ATF agent and whistleblower John Dodson tells Glenn that this is a complete lie! Dodson makes the data-driven case that it’s the Mexican government, not the US government or US manufacturers, that’s really responsible for arming the cartels. So, what can President Trump do to stop this? Dodson gives his plan …

Transcript

Below is a rush transcript that may contain errors

GLENN: John Dodson is with us. He's been with us before. He's the whistle-blower on -- on Fast and Furious. He's blown a lot of whistles.

This one, now, he's a former ATF agent. And he's far enough away from things, to where he can legally say everything that he knows. I think, everything he knows.

But right now, the Mexican government is suing our gun makers. I believe this started, and the seeds were planted by the Obama administration, on this one.

But I could be wrong. But they're suing US gun makers. And they're blaming us now. The tariffs are going up.

Why? Because unfair trade.

Let's just have regular trade with each other.

When you charge us, we'll charge you. But in the case of Mexico, it is also mainly about the border, at this point.

You have got to declare those drug cartels, enemies of the state. And terrorist organizations. And you've got to stop them!

If not, we will! But you've got to stop what's happening on our border. What have they done?

They're blaming us for the drug cartel violence.

I'm sorry. They're blaming our gun manufacturers for this. John is here to tell us the whole story.

The author of The Unarmed Truth. Hello, John. How are you?

JOHN: Hey, I'm fine, sir. Thank you so much for having me on.

GLENN: Oh, yeah. I appreciate it. So tell me what's really going on.

JOHN: Well, what's really going on is actually complicated. But the just of it is, the Mexican government is far and away, responsible for arming the cartels.

The data that I have seen. And the way that the eTrace system works. So ATF has eTrace, which is where firearms tracing is conducted. And if I can give you a brief backup on it, if you don't mind --

GLENN: Yeah.

JOHN: So the only way we can successfully trade -- I say we, I mean ATF. I'm retired now. But the only way you can successfully trace a firearm is if it has a US nexus. It was either manufactured here or imported into the US at some point. Either way, it's stamped and manufactured in the US. Or imported into the US by the company that gets them. So to say that all the crime guns successfully traced in Mexico are US-sourced firearms, it's kind of a rigged ball game. Because the only ones we can successfully trace are US firearms anyway. If a firearm was made in the former Soviet bloc or China or --

GLENN: We wouldn't have access to that. We're not tracking that.

JOHN: Exactly. We can't trace that. So it doesn't come back. The numbers are skewed from the very beginning.

Now, put on top of that, of the US-sourced firearms. And this is where it comes into, what's the motive behind it?

Is it ignorance, or is it deception?

So to say that the vast majority of crime guns recovered in Mexico are traced back to US sources. Okay. Again, we can only successfully trace those that are US-sourced anyway.

But you are not discounting those ones that were purchased directly by the Mexican government.

Now, I have worked on the border for the past 12 years of my career.

Especially in firearms trafficking. In Fast and Furious, I was in a firearms trafficking unit. Like, that is all that we were supposed to do.
And if you look at the data, from eTrace, it's -- like it's clear.

It's so clear. And by the numbers. The reports that I ran before I retired, every year, any 12-month period since 2010, until the day that I retired in 2023, whatever 12-month period you want to run, the Mexican government accounts for about 70 to 75 percent of the prime guns recovered in Mexico.

And these are direct purchases by the Mexican government, or government-to-government sales. From the US government to Mexico.

The problem is, those weapons are considered US-sourced. An ATF doesn't delineate, doesn't take those out of the numbers when they speak to Congress. Or when they release the information. They count them as US sourced firearms. So the American civilians firearms market is left holding the bag and blamed for the cartel violence in Mexico.

GLENN: So wait. Wait. Wait.

So Mexico is buying this from us. And I assume that that -- those -- those guns are supposed to go to the Mexican government to fight cartels, et cetera.

Are these guns -- are these guns going into the hands of the cartels?

JOHN: Yes. 100 percent.

And I think on the take is, most of the money that they use to purchase these firearms is provided by the US government.

The Mexican government says, well, we need help fighting the cartels.

So we give them money to purchase equipment and weapons. They buy these weapons directly from manufacturers. And I'll just say coal just as an example. Just because everybody is recommending. They'll buy two boxes of -- you know, error variance from coal. These are military grade weapons.

Two -- one goes to the Mexican military, one is diverted in the black market. Those ones in the black market are recovered in crime scenes, and substantively traced, and then that's counted as a US-sourced firearm.

When they released the data about all the guns in Mexico, they count that as a US-sourced firearm.

GLENN: So do we have the serial numbers to prove that they were purchased by the -- by the Mexican federal government.

JOHN: 100 percent.

GLENN: Oh, my gosh.

JOHN: If you look at the E-Trade data. One of two ways, it will come back. And there are several different ways that this happens. So the Mexican government, the ATF has issued different entities of the Mexican government FFL numbers. They all begin with a Z. It has a Z as a first character. So they can purchase directly from manufacturers. Right?

And so when one of those firearms are traced. The trace comes back and says, this firearm was traced on a foreign government or law enforcement agency. Then the other way of doing is if they fight the government, the government fails.

So the firearms trace comes back and says, quote, the firearm is a US military weapon, end quote.

So those are weapons purchased by the US government. And then sold to the Mexican government, in order to support their effort to see the fight the cartels.

But, in fact, the vast majority of the guns that are being recovered in Mexico. Are stemming from these direct purchases by the Mexican government. And I'm not just -- it's at least 70 percent.

Every year that I ran it. And I've run it religiously, until the day I turned my computer in, and retired. I ran it. And it was 72 percent on that day. And it's always been 70 to 75 percent.

GLENN: So we're talking to John Dodson.

He is a former ATF agent. He was a whistle-blower on Fast and Furious. He's the author of The Unarmed Truth.

And we -- I think you were on the air. And we talked about this, and we talked about how the ATF was targeting and harassing whistle-blowers who were testifying in front of Congress.

And I think you made a slight reference to this.

But you couldn't talk about it. Or wouldn't talk about it. What's ranged?

JOHN: Well, if you remember, there was a different administration at the time.
(laughter)

GLENN: Okay.

JOHN: I was definitely worried about being prosecuted. For describing this information.

GLENN: All right. All right. So who is -- when they were doing this, is this because the Mexican government is the drug cartel?

The Mexican government is afraid of the government cartel?

Who is really afraid of pushing the government to sue our gun manufacturers here.

JOHN: Well, and those questions are what I refer to as echelons above Dodson.

Okay. So best-case scenario, the Mexican government doesn't know.

The current president of Mexico. The former president.

And the one before that, doesn't know.

They only know the data, that the ATF has released, that all these firearms are US-sourced firearms. And, therefore, they blame the US and firearms market. That's the best-case scenario. Then you have to make the argument. Or at least ask the questions of, well, why don't they know the freaking truth?

If they're buying all these guns. They're not getting them all. It's variations of the black market.

Why aren't they afraid of that?

GLENN: Well, you have to ask that of the Ukrainians too. I digress.

JOHN: That's a whole other issue. I can only imagine.

GLENN: Oh, my -- oh, my --

JOHN: So the Mexicans, either they're willfully ignorant. All right?

Or it's entirely corrupt. Either way, but what frustrates me the most, is especially now, during these current negotiations with the Mexican government over these tariffs and things like that.

Every time, you -- you hold them to account for something, the first response is, well, you have to stop the, quote, flow of firearms, end quote. You have to stop it.

And it's so hard. When we're negotiating. When we're negotiating with facts that aren't true. That aren't accurate. Or at least are disguised in a way, where they don't have the true story.

It's not fair to the American government. It's not fair to the American people. And it's not fair to the Mexican people at all.

GLENN: Okay. So then why don't we do this?

Because you can buy guns elsewhere, Mexico. Why don't we do this. If Trump knows this, and I don't know if he see, if Trump knows this, why doesn't he say, you know what, you're right.

We will stop all guns from crossing the border. You can no longer buy American arms. I know that would hurt the arms companies here's in America.

For maybe a year.

JOHN: Right. Right.

GLENN: But then things change, and the truth is out.

And Mexico doesn't want that. Why wouldn't he just say, okay. We'll stop all the guns coming across the border.

Buy your guns elsewhere. For the next 12 months. And let's see what happens.

JOHN: Well, I will be honest with you, because I don't think they know. That's part of the reason, I'm talking to you.

There's no way to tell them. They'll call ATF. And ATF will say, oh, yeah, 80 percent of the firearms are US-sourced firearms, but they don't take into account the direct purchases by the American government, or the government fails.

So whoever is handling negotiations with Mexico. If they would sit down at the table, and say, hey, we need you to work on fentanyl. And border crossings and border security and things like that. Then Mexico will do what they always do. Which will say, well, you have to stop the flow of firearms. Okay. Give me one second.

I just rescinded all the export licenses for your government, to purchase firearms directly. I have revoked the foreign FFLs of ATF, and I have cease and had desisted all government to government sales from the Department of Defense and the State Department there. Instantaneously, I have cut over 70 percent of the crime being supplied in Mexico.

So now, Madam President, it's your turn. What are you going to do? Put up or shut up.

GLENN: That's brilliant. Have you talked to anybody in the administration about this?

JOHN: No, sir. How does anyone talk to the administration?

GLENN: All right. Do me a favor. Give me a white paper on this, and you tell me who it needs to go.

JOHN: Okay. I have been pounding this for years. I have brought this to the attention of my ATF supervisors, as far up the chain as I could go. I even physically handed the printouts, the documents, the data to the highest-ranking DOJ official in Mexico City at the time, and nothing ever happened on it. And, again, this is the previous administration.

GLENN: Well, you don't expect anything from that, but I expect something from this.

So give me the names of who it should go to, and give me the best, sharpest white paper on it. Don't overwhelm with facts. Give me the, you know, executive summary on the front. So it could be understood and explained.

And then give me all the facts after that. I'll have it delivered to the right people. And then I'll -- I'll give them time to read it and digest it, or their people to digest it, and then I'll ask for an answer. What happened here? Why aren't you doing it?

JOHN: I have no problem with that, and I will work on this immediately, this afternoon.

In the meantime, sir. And I want to tell you, I know there are a lot of ATF agents that listen to your show. And people probably in the administration don't have to take my word for it. You can call any ATF agent. Someone in the administration calls the field office. Don't call headquarters. Call the field office. Call any ATF agent that has a trace account. And say, hey, I want you to run a report for me. Log on to e- trace, on the right-hand side, to generate a statistical report. Click on that. It will automatically go to your work code.

Change that default to recovery location. Put in Mexico, and put in any 12-month time period that you want. And you will see. The data is clear on this issue.

All right? The Mexican military is the number one source of supplying crime guns to Mexican cartels, hands down. And I mean, exponentially so. When you see the data, it will -- like, it -- it's -- it's flabbergasting.

GLENN: John, give me the data and get me those -- that white paper on it.

An executive summary. And I will -- I will get it -- I will get it to them. As soon as you give it to me. I will turn it right around, to all the leadership.

GLENN: Thanks, John, I appreciate it.

God bless.

John Dodson.

The unarmed truth.

If you're an ATF agent, if you can do that. You can verify what he's saying. Call us.

I would love to hear from you.

Mexico, is suing us. They're suing all our gun makers here in America for $10 million. No. I don't think so.

It's going to the Supreme Court. I think the Supreme Court will say, you don't have a leg to stand on.

Again, it's the same kind of corrupt mentality, of the last administration.

You know, of not actually addressing the issue. But going after little pet peeves.

And going after our guns. And our rights to guns.

Yes, Trump CAN Deport Green Card Holder Mahmoud Khalil for Protesting

ICE has arrested pro-Palestinian activist Mahmoud Khalil, a green card holder, for allegedly helping organize anti-Israel, pro-Hamas protests at Columbia University in the wake of the Oct. 7, 2023 attack on Israel. But now, some are claiming that the government has violated his right to protest. So, do green card holders have this right? Can the Trump administration rescind his green card and deport him over this? Glenn makes the case that YES, it can.

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Now, while we're talking about enemies of the state, let's talk about the enemies within.

There's this big debate over the green card thing. I've got a green card, so I can disrupt. No. No.

This is about Mahmoud Khalil. He's a green card holder, that is now facing being deported. Because he is a guy sowing the seeds of dissent, of violence. He is the guy who was responsible for much of the bad stuff that was happening at Columbia University.

And now, Trump, he's going in with immigration. And he just hates everybody. That's different.

No. No. That's not what's happening here. This guy is not a citizen. Not a citizen.

He was leading the protests. Really, violent, awful, ugly, anti-Semitic protests, at Columbia University. Not just anti-Semitic. But leading towards the whole Islam is great, we should have Sharia law kind of ideas.

This cannot be tolerated here in America. He holds a green card. What is that? That is a ticket. A golden ticket, to live and work in America.

But just like Willy Wonka, you can be ejected from the tour of the chocolate factory, at any time. There's some fine print there, that you might want to take half glasses. And read half of the contract like they did in Willie.

It's not a passport. It's not citizenship. So let's look at this.

You're handed a guest pass, to the greatest estate on earth.

Okay? The greatest estate ever built. Marble floors. Golden chandeliers. It's the greatest.

Nobody ever thought that it could be that great, but it is.

The view that stretches on forever and ever.

And you've been invited to sit at the table.

Have some wine. Live some life.

But you don't own the deed. The owners are being very, very generous. And they said, stay as long as you want. Now, honor the house. You have to live by our rules. Honor the house.

So you've been invited to sit at this table, eat your fill. Live like you're somebody that is part of the family.

But then you start smashing the windows. You tart, you know, whispering to other members in the House, about, this place is bad.

This place has got to go. We have to leave this place. How long before that key is snatched from your hand by the owner?

And who in their right mind would say, you can't take the key from him.

No!

If you're a family member. If you care about the house, no one would say, Dad, you're being a little unreasonable. He was only trying to torch the kitchen and the guest wing.

No!

He's a guest.

And that's where we are with this guy, and so many others!

Every green card holder, that mistakes privilege for a birthright, you're in for a surprise! There's a new sheriff in town.

There's a new sheriff in town. He's great. We love him. It's a revocable lease. That's what that is! It's not a title! You're not Lord of the manor.

He's got a revocable lease with you!

And here we are, today, we're all like, I don't know this.

I mean -- he should be able to sew chaos and terror. Spread all the anti-American seeds he wants!

No!

He cannot. Here's why: A green card will make you a permanent resident. Legal.

But not a citizen. You don't vote, you don't sit on juries.

By the way, those two things are responsibilities. Not rights!

So you have no responsibilities as a citizen. Which means you have no rights as a citizen.

And if you step out of line, you get sent back.

The Constitution wraps its arms around citizens. Freedom of speech.

Assembly, all of that. Noncitizens, no!

There's an embrace there. But it's very, very, very loose. Supreme Court, made a rule, back in 1893, when I was just a kid with Fonguting.

Wait until you hear the story of Fonguting. Very exciting case.

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And, oh, it will fail!

It will fail!

You just sit around, waiting for somebody else to get the lights back on!

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(music)
Well, back in my take, in 1893, there was this young whippersnapper called Fonguting.

And he went -- his case was taken to the Supreme Court. I won't bore you with all the details, because I was too bored to really read them.

But I do know that the outcome is Congress can deport noncitizens at will. There is no right to stay here. It doesn't exist. You break the law. You threaten the nation.

Buh-bye. That's not cruelty. That's the rule book!

So this guy, kicking him out, that's not cruelty. That's not a tragedy of his rights being violated.

He has no rights!

It's privileges, revoked.

Not rights. Privileges!

Now, think about this again. You're inviting somebody in your home. You're welcomed to the couch. You can have all the coffee you want. You have the peace and quiet. But if you start carving up the furniture or plotting to burn the roof off. I don't owe you a bed anymore, or matches to light the fuse.

Period. America is exactly the same. We have flung the doors open, so wide, millions walk through.

And I'm happy about this, to chase their dreams. But that comes with this deal. Don't tear down!

You don't do that. You can't take the things that are holding this whole thing together, and start taking the beams down. You can't!

You're not a citizen. You know, if you hate the beams. You're really rude. But you're also a massive risk. Get the hell out of here. And, by the way, I think we have enough cracks in our foundation without hanging out free hammers. I don't know about you.

But, hey. We shouldn't give hammers to anybody that comes in here. We should take those hammers away.

So if history is a teacher and that teacher has got some scars to show you, this isn't about free speech.

Because that's sacred for you and me. We're citizens. You're born here or you swear an oath, you have skin in the fight, you can rant, you can rave. You can burn flags if you want. That's your call.

Your family, you've earned the voice!

Green card holders. You're our guests. You know, you want to do whatever you want. That's fine.

Get the hell out, period.

We have to guard the gate. You see what's happening in Europe! It's not good. It's not good at all.

We cannot go down that route. Green card holder, you're preaching terror. Buh-bye. Stirring chaos. See you later. Spitting on the values that opened the freaking door for you?

Buh-bye! Want to stay? Build, don't burn. Period.