RADIOAugust 05, 2024

WARNING As Global Stock Markets Drop FAST

U.S. stock markets took a plunge Monday morning after a bad day on Friday. The Dow plummeted hundreds of points, Warren Buffett is selling stocks like crazy, and Japan's stock market recently had its worst day since 1987's Black Monday. So, are these signs of a coming recession? Financial expert Carol Roth joins Glenn to explain what's going on: Why are the stock markets crashing? What does Warren Buffett know that we don't? Are tech stocks like Apple and NVIDIA just going through a correction phase? Is the Federal Reserve to blame? And what can average Americans do to prepare?

Transcript

Below is a rush transcript that may contain errors

GLENN: Friday, we had a bad jobs report. We're still not in a recession, indicators are showing that we are headed towards one.

But, you know, the indicators have been wrong before.

We are headed towards one. We are headed towards a depression at some point. I just don't know when.

And we're headed for a massive, global collapse. Again, I just don't know when.

Nobody does. That's why I ask you, please, be prepared.

And please take my -- look, I'm not an expert in anything.

Nothing. I'm -- I'm a former DJ, that is a recovering alcoholic, and I'm a self-educated man. So take everything that you -- that I say, with a grain of salt.

I want, I need you to do your own homework.

I hope -- honestly, this hasn't happened yesterday yet. I hope that you do your homework. And you think, wait a minute.

Glenn, you're missing this. And you show that I'm wrong. Because I want to be wrong. But it is coming.

And we are in the birth pangs of the future. We are giving birth right now, to the future.

A baby is coming out. And I don't think -- I don't think we're going to like it.

I think it's one of those babies that comes out like, hey. Mom and dad.

You know, and guarded by Rottweilers. But we're -- we're approaching something.

And our Dow is down almost 1200 points in futures. The reason why this is so important, is because it's not alone. Friday, bad jobs numbers. We were down 611 points.

That's a pretty big at all. This morning, before we even open up. We're down almost 1200 points.

You know, that's almost 2,000 points, in two days.

But in Japan, stocks were wiped out. This happened while you were asleep.

The Nikkei 225 is falling 12 and a half percent. That is the biggest single day decline since Black Monday's collapse of 19 -- what?

'89 or '87, I think it was.

Also, if you read any financial news over the weekend. You saw that Warren Buffett is selling like everything.

He is having the biggest fire sale he's ever had. He's never sold stocks, dumped stocks like he's dumping them right now. That's what happened to Apple a couple of weeks ago. He said, yeah. I don't really feel comfortable with Apple. I'm going to sell. But what we didn't know, until he had to file was, he's selling everything.

And holding on to just the crème de la crème.

What does Warren Buffet know, that we don't know?

Nothing. The difference between Warren Buffet and you and me, is he trusts his gut.

He trusts what he reads. And he doesn't wait, for other people, to verify. His team verifies. And he trusts his team.

I just -- the words of my grandfather keep ringing in my head. If we only knew what the rich people knew, before the Great Depression, we would have been fine. Well, what are the rich people doing?

Also, China found out this weekend, they are buying -- I think it was 50 tons of gold, more, than they said they did.

They said they stopped buying gold. Now some sleuths have gone out and looked. Because something wasn't right. And all this gold was being shipped over to China.

And they realized, my gosh, China is still buying. They're telling people they're not, to try to keep the price down.

So what are the rich people doing?

What are the people in the know doing?

The VIX, which is the volatility, something that is really important if you watch stocks. But it's just important for you to know. And this is just off the top of my head. In 2008, the VIX, the index of volatility. How volatility are things right now? Was at I think 47. In 2008.

In COVID, it was like 56. And it's currently on a scale of one to 100, 65.

So that is an alarm bell that people watch, and say, what kind of -- what's the weather forecast?

What's the VIX say? Are we headed towards really choppy seas?

Yeah. More according to the VIX. According to them, more than 2008 or COVID.

Intel just announced they're cutting 15,000 jobs or 15 percent of its workforce.

Now, let me go and witch topics, to England. What you're seeing in England, is a -- a looksy into the things that are to come here in America. What's been happening in England? Well, for a long time, this is why Brexit happened. And, by the way, I don't think you're going to hear this analysis with -- with other people.

So take it for what it's worth. But as I read it, Brexit happened in a way we can relate to. Brexit happened because people were tired of being told by bureaucrats that they never elected, what they had to do. How they were going to live their life. And those same bureaucrats said, you know what, it's not that cool to be British. I mean, you have a really bad past, Great Britain, and so I wouldn't be so -- I wouldn't be so proud.

In fact, don't fly your flag. You should fly the European flag.

Okay. People didn't like that.

They want to have their own control.

Then, on top of that, you had wild, unfettered immigration.

Do either of these sound familiar to you? So they had wild unfettered immigration.

At the same time, they built on top of a house of cards, where they said they were taking Islamic terrorism seriously. But then they opened the borders. And the police never took them seriously. It was never taken seriously.

You could chop a guy's head off, in the streets of England. And what would people say?

Well, your officials would say, we've got it under control. It was just a misunderstanding. It didn't have anything to do with anything.

There's nothing to see here. Go back to your homes. Nothing to worry about.

Kids were being kidnapped by Islamic rings. And they were being sexually abused. And the police denied it. Denied it. Continued it.

Then when it couldn't be denied anymore, they did a little bit, very little bit. But then everybody in the neighborhood that was standing up, they were deemed the bad guy. So this is the Bubba Effect.

Three girls in a dance class. Just cute, cute little girls in a dance class, 17-year-old kid comes in, and stabs the three girls.

Now, he has a Somalian name. So everybody just assumed he was an immigrant. He's not an immigrant. Bubba Effect. Bubba Effect.

Remember what that was? I told you that in 2000 -- I don't know -- 4, I was talking to Special Forces. And I said, what is the thing that you're most concerned about? And they said the Bubba Effect. What is that?

When the government has lost all of its credibility. And, for instance, they say, we're serious about terror.

And they're not. And people keep pointing it out. And the government doesn't respond.

And then something bad happens. And Bubba, not really knowing anything about world religions or whatever. Will walk into a convenience store. And he will shoot a Sikh because he's got a turban, and he doesn't know.

He'll shoot a Sikh. And it's you people.

And everybody will know, that's wrong. But when the federal government believes in, the people will stand up and say, hey. We'll deal with Bubba. We know he was wrong. But he was acting because you refused to act. You are the -- the problem.

That's what's happened here. They were wrong.

And then on top of that, you have inside and outside, nefarious forces.

You have people who are white skinhead Nazis. You have people who are Islamists. You have people who are just power hungry.

You have people who just want to see the world burn.

And they're all on social media. And what is the government doing?

The government is blaming everything on the right. And social media.

Which will only make things worse. Because the forgotten man, is not a neo-Nazi.

The forgotten man is just the guy who just loves his country. Has gone to work every day.

Seems to be forgotten. Seems to be left behind.

Nobody ever seems to talk about him.

Unless it's to blame him for something that he had nothing to do with.

And, of course, everybody's lining up. To quash, freedom of speech.

They don't have it, like we have it here in America.

They already have speech laws. They're now talking about shutting everybody up.

That won't make things better. It will make things worse.

A Civil War in Great Britain, in a few minutes we'll tell you exactly what is also happening, in Israel, with Iran. And how Russia is now helping Anna Ann enemy of the United States.

GLENN: For anybody old enough to remember, I believe Stu has become Johnnie Carson. He's never working. He seems to always be on vacation.

And always sitting in for him, is Mr. Pat Gray as usual. Hello, Pat.

PAT: I guess somebody cares about the show, right?

GLENN: Yeah. If it's just really you. Just you and me. You and me.

Thanks for coming in again. This is double duty for you. So how are you feeling?

You just finished your show.

PAT: Yeah. Yeah. Uh-huh. Oh, I feel great.

I think things are going perfectly. Don't you?

Yeah. Oh, yeah.

Nothing to worry about. Nothing to worry about.

GLENN: Yeah. I was in LA this weekend.

Unfortunately, this is my time in California. In I don't know how many years. Oh, man.

I don't like it. Anyway, I was in LA this weekend, doing some business.

And I didn't walk away, with a good feeling.

Now, it is California. But there are so many people that are just convinced that Kamala solves the problem.

They don't -- they won't even look at how radical she is.

PAT: Hmm.

GLENN: If she becomes our president, we are in deep, deep socialist trouble. You think the economy is bad now. This is like putting Chavez or Maduro in. She is as left as that. And everybody is -- at least in California, that I talked to, they're still just enamored with anybody, but Donald Trump. It's like, no, guys, voting for the enemy of the person and just blindly doing it is a very bad job. You must examine their record as well.

PAT: Uh-huh and people forget in 2019, she was the most liberal. The most progressive senator in the United States of America. Beyond Bernie Sanders. Beyond Elizabeth Warren.

She's the worst possible choice for president.

GLENN: Yep. Yep.

PAT: Worst possible.

GLENN: And the Democrats knew that.

PAT: Yeah. They did.

GLENN: I mean, that's why had to be voted for her. Nobody voted for her.

PAT: Right.

GLENN: And I'm growing more and more convinced this was a brilliant move by the Democrats, by the radical left in the Democratic Party. They got her to be vice president, because there's no way America would ever vote for her. So she could become the vice president. And at this point -- because Donald Trump is so unpopular, with the left, she's only a point and a point and a half behind him.

PAT: Yeah.

GLENN: That's insanity.

PAT: She's actually leading quite a few polls.

You know, despite her radicalism.

This is a person for abortion on demand.

GLENN: Because nobody is looking at it.

PAT: The border disaster that she's overseen.

She wants to ban fracking and offshore drilling.

She claims she didn't want to ban fracking, but she was all about it just four years ago. She wanted to ban the filibuster.

GLENN: She also wasn't just for the filibuster. But for the Supreme Court.

She's also for a guaranteed jobs program.

PAT: Right.

GLENN: That's the Soviet Union.

PAT: So bad.

GLENN: You can't get any more left than that.

It's really, really not good.

Nationalized health care. She wants the government to take it over.

Now, she said recently. But in 2020, when she was running, and this is who she is. This is what she believes.

PAT: Right.

GLENN: She's moderating because she has to now.

But this is what she believes. Government needs a wholesale takeover of medicine.

GLENN: Welcome to the Glenn Beck Program. I have to tell you, I really wish I could put you in my head space right now. It's almost like there's a hedge of protection, on my head space right now. Because it's -- the news that is coming you out is really, really dark, and we're getting closer to something.

And we're going to like it. The Dow is way down. Japan was almost wiped out. Twelve and a half percent.

They had to close the trading floor for a while in Japan. And that is happening in Europe, and now coming here, we had bad job numbers. Lots of layoffs. Intel laid off this morning, 15,000 jobs.

Looks like Chevron is moving to Texas from California. They just can't take California anymore.
And there's riots on the streets of the UK. And I want to get back to this story a little later in the program. But it is -- it's rage bait that is going on. And it -- people are now saying, Elon Musk said this weekend, that civil war is inevitable in the UK. But we also have some news.

Today, it looks like Iran is planning on attacking Israel. They announced this over the weekend.

Speculation was, that it would happen sometime today.

Remember, it's -- it's late in the afternoon.

In the Middle East now, on Monday.

And so, you know, usually if things happen, they happen by the time this show is over. It's usually started.

So we're watching that closely. Jason Buttrill is with us.

He is our chief researcher.

Also, head of watching over all global affairs.

On the program. When it comes to war. He is a former military intelligence.

And is here, to tell us, exactly what we're expecting.

Let's start with Iran, Jason.

JASON: Hey, Glenn, how are you doing? I'm actually surprised it hasn't happened yet. We were getting word that it was supposed to kick off sometime over the weekend. I think the biggest takeaway here, is there will be a response. Pretty much everyone expects it. It sounds like the Israeli military intelligence is expecting it, very imminently. There's a carrier battle group that's on its way from the US to the region, to support, if anything should kick off.

We know something is going to kick off. The question now is just how badly it's going to. And this is only the beginning stages of this larger regional war. And I'm going to say this.

I do believe, this is going to be a regional war, with multiple people. Countries involved. And it's going to mirror their regional war that's already going on in eastern Europe.

And that sounds interesting. Regional war is breaking out everywhere, and we're expected to respond to every single one of them. How is that going to happen?

GLENN: Okay. So the Mediterranean is the sixth fleet, right?

JASON: That sounds correct. I don't remember.

GLENN: I think it's the sixth fleet. You know, I'm sorry if I'm mistaken.

What I want to know, is this carrier group that's going on out, in addition to what we usually send in the sixth fleet, that's always there. Is this a replacement, or is this an addition? Because that's a huge addition.

JASON: I'm fairly positive, that this is an addition to what's going on out there.

GLENN: That's pretty significant, right? Carrier battle group.

JASON: It's especially significant, when you think of all the different theaters that we're guarding against right now.

And I got to tell you, Glenn. Looking at the state of our economy. Our adversaries. What they're trying to do with our economy. Organizations like BRICS. They also are the same people that are opposing us in Eastern Europe right now.

You've got, can I say it --

VOICE: And Israel.

JASON: And Israel. Can I say cascading protest movements that are going all the way through Europe and heading all the way to our own doorstep. Did I read that? Is that where it was?

GLENN: Yeah. That's where I think I got it, yeah. Sure.

And after it cascades, it comes to the United States, and all our enemies look at the West. And say, now, now, now.

And that's exactly what's happening. If you look at what's happening with the Middle East with the Houthis, those are funded by Iran. But now who has just been spotted on the ground and been -- been announcing that they are providing military advice, at least? That's Russia.

JASON: Yeah.

GLENN: Russia is now assisting the Houthis. So this is becoming a global war. Whether we like it or not.

It will.

JASON: Yeah. Everyone always analyzes this.

They say, oh, BRICS will never outdominate the dollar, you know, as the global reserve currency.

They'll never do it. They will never challenge the United States one-on-one. You know, the United States is too powerful. Agreed, one on one, but that's not what's being built here.

I have to tell you, when I was looking at all this information, all together, I kept thinking about the famous Paul Harvey monologue, you know, if I were the devil, what would I do to make change? And I'm not the devil. But I am saying that look at everything together, and connect all the dots. Who were the players that were involved in every single theater? Who were the ones? Who were the ones sowing discord, that is cascading all over the world?

Who were the ones?

Look at the places that haven't blown up yet, but are on the cusp of it. You look at Taiwan. You look at North Korea. That BRICS unit is involved in every single one of those. You cannot destroy the United States or defeat her one-on-one.

We are too powerful, but taken together, with all the different countries that they are building, by the way, and united all at the same time, what happens?

I don't know the answer to that. Because we've never been there. But we're going in that direction. And the people that are running this country, are driving us there in a Cadillac.

GLENN: I will tell you, the -- what happens, if it's World War II, America wins.

Because World War II, America was united.

JASON: Hmm.

GLENN: And we all came together, to fight against evil. That will not happen this time.

We are too divided, and the government has made so many mistakes. I'm really very concerned about England. Because England is the Bubba Effect. It's -- we don't even know the facts, and that's another problem.

But we don't even know the facts of what really happened, that started all of this stuff.

They haven't figured out this kid from last week. They still don't know, well, is he Muslim? Is he not Muslim?

You know, how is he -- we don't know any of that. But people are all assuming that this was a Muslim immigrant. It wasn't.

He was born in England. He's English. But the facts don't matter anymore. Because it appears as though the government is lying to the people in Great Britain. And so they've had enough.

And then you have outside forces, dare I say it, like Russia, again.

And the influence of those we have spoken about, many times on this program.

That want the West to collapse. And are sewing this -- this really demonic seed in not only England and France and all of Europe. But here in America, as well.

Unless we get transparency, we're -- we're -- we're in trouble. Unless somebody stands up and says, you know what, I'm going to open up all the books on this.

The -- the arguments that I'm hearing now, that Kamala is just so great. When this whole thing has been un-Democratic from the beginning. And nobody is really looking at her record. And everybody is saying, you know, well, Donald Trump, he's a bad guy. Where? On what?

On what?

I said to somebody, this weekend. You know, this has been the -- this is the one time, that you can look at a politician.

And I think they're all dirty. But I lived in New York City.

Pat, you remember this. We used to drive by the Trump apartments or hotels on the east side how.

And he was building like five of them, and including, you know, digging under the highway.

And he built five in the same time the city took to build one small building, right across the street from them.

PAT: Uh-huh.

GLENN: And I would have said to you, six years ago, eight years ago, the guy is dirty as hell. He's got to be. Because you can't -- how is it he can get the unions to do everything he wants them to do? How is it he can build five buildings to every one that everybody else builds?

Well, I don't know. But he's the most investigated man, I don't know. In human history. And they've never found anything like that. And nobody will listen. Nobody will listen to that. Nobody will listen and say, they've just been trained, Trump bad. And if you're comparing, you know, anyone to Hitler, I mean, Charles Manson could look good.

Well, he only killed a few. Yeah, and he's got the Nazi swastika carved into his forehead. But he's not telling everybody to hang banners off of every building. You know, hello.

So they give you the worst possible look at somebody, and somebody who actually loves America.

And -- and here we stand, with everything in open flame. Jason, what are you expecting to happen today either in England?

Or -- do you agree with Elon Musk? That he says Civil War is inevitable in England?

JASON: Well, I mean, you've got to think -- what's happening in England, I feel like, can be copied in multiple western countries. Because the big behavior is the same. You talk about the non-transparency. Let's just talk about that for a second. And how this fuels this. If you look at any major mainstream outlet, over Europe and here, all you see is the same headline. Far right protests. Or rioters.

You know, truth -- based off of misinformation.

GLENN: Yeah. Misinformation. Disinformation or malinformation from social media.

JASON: Right. And then they won't even talk about the person that did this attack. They'll say, well, it wasn't an immigrant. Well, we know his parents are from Rwanda, we know that. Were they illegal? Do they talk about that at all, because I guarantee you that the people out there protesting in the street, the point is exactly the same.

Like, this is a crisis of the government's creation.

GLENN: But I think you are -- I think you are giving too much credit to -- look, they can completely wrong. These people were from Rwanda. Maybe they came here legally. And they've been great citizens. And their kid is a great citizen.

It has nothing to do with them, or the kid.

This is -- this is the frustration, of the English people saying, my government is not listening to us. That's the Bubba Effect.

We know he's wrong on that. We know.

But that's not the issue. The issue is, you've been lying to us. For too long.

So we'll take care of Bubba. You back off. That's the Bubba Effect, and I think that's what's happening.

Okay.
The worst-case scenario in Iran. They say this one is -- this attack is going to be expected and unlike anything the world has seen. They say, it's a new something.

I don't remember exactly how they said it. But it reminded me of one thing.

I would like to get your opinion. What do you think is coming?

JASON: I think that a similar attack involving a massive amount of drones and rockets is probable.

I think the addition of non-traditional warfare, armaments like those EMP, Electromagnetic pulse type weapons, I know can be launched from artillery or drones or rockets, as well. To knock out --

GLENN: You know they have that?

JASON: Well, I mean, we don't know for a fact. But Hezbollah has claimed they have gotten them. That wouldn't surprise me at all. Those weapons have been around since probably the '80s.

So we know they're out there. They're just rarely used. I think we used them in Kosovo. We've used them a few times. But think about Israel's ability to respond to a massive wave, coming from the Houthis, coming from Hezbollah.

Hamas. Iran, you know, herself.

And then with all of their electronic superiority knocked out. Yeah, we're looking at a much different battlefield, sure.

GLENN: I will tell you, I think -- I was thinking about this, this weekend.

That, I think we're in the same place we were at the end of World War I, and the end of World War II. New things are being -- or at the beginning of World War II.

New things are being invented, horses, instead of tanks.

Or tanks instead of horses.

Airplanes. It changed the battlefield.

And I really feel like our big, huge aircraft carriers, and everything else.

I think those things are a thing of the past, in warfare. I think we could be overwhelmed quickly.

And I think China, for one, knows that.

GLENN: Hello, America. Welcome to the Glenn Beck Program. We are going to talk about what is happening in the stock market today. We are on the edge of a very, very big abyss, and I hope we don't fall into it at this moment.

But some things are happening. And you need to be very well aware of them. And we need to go there, with Carol Roth in just about 60 seconds.

Speaking of the economy, it's just -- it's crimes of mismanagement, at this point.

It's impossible to keep track of everything they're doing, that is just absolutely suicidal.

But you can the raw draw a chalk outline around the US that are. And set up the police tape. There's been a murder here. Maybe after this next election.

Things are K start to get better. Nobody hopes that will get better more than you and I do. But you cannot count on that.

We are in a cycle where weak men have created hard times, and it remains to be seen, if we can pull out of this nose dive and become strong men.

All right. Carol Roth, welcome to the program.

CAROL: Glenn, you have to promise me, that one day, you will bring me on to talk about good news.

We'll talk about ice cream. We'll talk about puppy dogs. I feel like your audience, every time they see me, they're like, oh, no. Carol Roth is back again.

GLENN: I know. Carol, I was just thinking the same thing. We never talk when it's good times.

The stock market now. There's -- I have lots of questions, can you just give me the update on what's happened around the world, and then with the opening bell with the stock market?

CAROL: So last week, obviously, we saw some selling off in the stock market. It started with a repricing of the, quote, unquote, Magnificent Seven tech stocks that had been driving up the market. Taking everything else with them.

And, you know, there's -- I think there was an awakening that, oh, in order for AI to be a thesis, companies will actually have to spend a lot. And then that started kind of things.

A few weeks ago, kind of moving. Then in the middle of last week. We had the Fed, who did not -- excuse me, did not lower rates. But did signal, that that could be on the table for September.

And, you know, normally, you would say, okay. The market, wants the Fed to cut rates. What happened, then we got in weak job report. On Friday.

And while sometimes, the bad news can be good news for the market. In this case, they could take it for bad news. That potentially the Fed was behind the curve in terms of lowering rates. And then they felt like maybe this whole idea of a, quote, unquote, soft landing. The idea that you could get the economy as opposed to inflation down without wrecking the economy is off the table.

Then while all of this is going on. You have the Bank of Japan last week. That decided to do the opposite of the Fed.

They have been in 17 years of basically negative or zero interest rates. So they're amortization is going in the other direction. They are trying to raise rates. The first time in 17 years. About four months ago. And then they decided, because the yen, you know -- the yen against the dollar. They needed to fix that. That they were going to go ahead and raise their rates. And fortunately, they did not thread the needle perfectly on that, and that created implications for their markets.

So when Japan opened, you know, last night, our time -- their time in the morning, they saw this massive, massive sell-off. And what happens sometimes, when you get these massive sell-offs are these unwinding of trades. Because they have had zero to negative interest rates. You get a lot of people borrowing.

Those people who borrow, make bets on the yen, and on stocks.

Both in Japan, and in the US. And then they get the margin calls. And then they end up having to sell. And that begets more margin calls.

So you saw the Japanese Nikkei go down 12 and a half percent, in one day. It was their single worst day since 1987. That Black Monday day.

So now, as, you know, the market has opened here in the United States. You know, there's anticipation of, you know, do we get -- how much blowback do we get?

Especially since we had seen some weakness last week.

And obviously, things will shift during the trading day. As we talk here.

So this is kind of realtime. The market opened up, down, pretty significantly. Depending on the index. Somewhere between three and 5 percent.

And we have seen that come off a little bit, as we're talking realtime.

I think that has -- if there's any silver lining here. It's that night it opened. And it continued to fall. And continued to fall.

There was a little bit of support there. But still, as we're talking. We're still seeing the Dow, down almost 3 percent.

The NASDAQ, down almost 4 percent. So it's definitely an ugly day across the market.

GLENN: So how much of this has to do with technology. NVIDIA, which was the darling, just I don't know. A month ago. Everybody was like, you got to have NVIDIA. And maybe that's greed talking. And maybe that's why you shouldn't buy NVIDIA when everyone is saying that happen. But they're down almost 10 percent today. That's down 23 percent from their high, I think like a month ago. Artificial intelligence stocks are down. Tesla is down. Super micro computer down 9 percent.

They're -- is this just everybody down, and why are the tech stocks down?

Were they just too high? Do you know?

CAROL: Yeah.

So this is a bit of repricing in tech. And let's put this in perspective.

So the NASDAQ, which is very tech-heavy. Sort of a good proxy for what's going on, in the tech market.

The 52-week range, the low point, within the last year of where the NASDAQ has been, was 12,544. We're still today, at over 16,000.

So over the last 52 weeks, we still have these massive gains, and it got as high as 18,671.
And I think that's part of the catalyst here.

I mean, these prices, this, quote, unquote, bubble was not sustainable, a lot of people were talking about that.

And the fact that, you know, we see this over-exuberance in tech all the time. You know, first it was web three and the Internet of Things. And the metaverse, and now it's AI.

And all of those DCs have eventually come back down to reality. I'm not sure we're in reality yet. But, you know, as you have companies talking about their earnings, and talking about the spend.

I think there was just this insanity amongst investors. That they felt like AI was just going to take off. Without looking at the cost side.

And as companies are talking about, here's how much capital we will have to deploy, in order for this AI thesis to really work out. I think the market went, oh, okay. Maybe we're not pricing this correctly.

So I think that's part of it. Another catalyst that we've seen. Warren Buffet, noted that he had lessened his position in Apple by about 49 percent.

And obviously, that is --

GLENN: Yeah. That's not lessening. That's not lessening.

That's cutting it in half. That's significant.

CAROL: Cutting it in half.

GLENN: And he's doing this with a lot of his holdings. If I understand right.

He's making some of the biggest sales, he's ever made.

It's almost as if he's becoming bullish on America.

And is -- what does he know that we don't know again?

CAROL: This is a good question. And it's funny, we're having this discussion today.

If you go through his shareholder letter. His other -- one of his other big bets. That he talks about in the shareholder letter. Started in 2019. He doubled down in Japan. He has five really big companies. And really big positions in Japan. So the day that we're talking about Japan going down. And at the same time, the US is going down.

Obviously, Warren Buffet wasn't a catalyst for both of those things. He's still -- as far as we know, still bullish on the Japanese train. But it is interesting.

He has this massive cash pile, I mean, $276 billion, I think it is. Which is just almost impossible, to deploy.

I mean, to think about how, you know, as an investor, you even think about putting that to work and getting the appropriate returns.

So I don't know -- there could be several catalysts.

This is all very much speculation. Because we have not heard from Warren at this point.

I don't know if this is a signal. Where he felt like, hey.

Tech is just getting, you know, so froth peep this is a really good time for me to take profits.

Maybe a little bit of taking profits, ahead of the election.

Worry about an increase in capital gains, perhaps.

Under a potential new administration.

Although, I don't think he would have sold, you know, half of the position, because of that. But one never knows.

And, yeah. Just repositioning his portfolio. But certainly, given the fact that he's lauded as the best investor of all time.

When he does things, people have concern. And the fact that whether it's Bank of America. Or it's Apple. Or some of his other positions, you know, add the fact that he is going to cash -- certainly, I would imagine, on the retail side. And probably on the institutional side, to some extent, has an impact in terms of people's behavior.

Biden's Farewell Address, Rewritten by Glenn Beck

President Biden’s farewell address was filled with all sorts of irony. Perhaps most shocking was his warning that an “oligarchy” of power-hungry elites “literally threatens our entire democracy.” Surely, he isn’t talking about the progressive elites, right?! Glenn decided to rewrite Biden’s farewell address to better reflect the reality of his administration’s legacy. No joke!

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. So Joe Biden. And I know this is all going to come as new news for you, Stu.

Because I'm not going to lie. It came to me as new news this morning.

When I read it in the show prep.

This is not something, I would even care about. From this president.

But I think it's important just to notice how he's leaving office.

And there's a couple of things. One, have you ever seen a president who nobody gives a flying crap about more than this one?

STU: I don't think so. I mean, have I?

No. Has it ever occurred in American history is more the question.

GLENN: Right. It could be like John Tyler, or Taylor.

I don't even know.

STU: Tyler. That was the one I didn't even know existed. John Taylor, I think was the basis for Duran Duran. John Tyler, former president.

GLENN: Okay. Right. So former -- so I care about what's happening in this administration, just a little bit more than John Tyler!

STU: Or John Taylor. Right.

GLENN: Or John Taylor. Either.

I mean, I care a little bit more about John Taylor. He had some great songs.

STU: He had some great songs.

GLENN: So, I mean, I just don't care.

The only reason I do care. Is because what is he doing today, to destroy our country?

STU: Yeah. We've been doing this series of Biden's parting shots on our show.

Stu Does America, by the way. Blaze TV.

And there's a lot.

You could say, he's not doing anything. Because you think he's incoherent. And falling asleep on the job.

GLENN: No. He's not doing anything.

STU: It very well may be true. It also doesn't matter. He's doing a lot to the country here, as he walks out the door.

It does not seem that anyone seems to care.

GLENN: There was another 500 billion-dollar forgiveness of loans, yesterday.

STU: Not that much.

GLENN: How much was it?

STU: He did 150,000 people. And then another 200,000 people. I believe over the past few days.

GLENN: A lot of money and a lot of people.

STU: Yes.

GLENN: And this one he's saying, because the university scammed them.

Oh, Lord.

Okay and -- yes?

STU: I think that's just -- amazing. You go through a legal proceeding. That's how they get their money back.

They don't get the money back. We don't have to take that on as a country. And again, none of this is legal. None of this is constitutional.

Most of this will be overturned after he's out of office. Most of these poor people who believe they no longer have these loans, will wind up having these loans.

GLENN: Right, but they're still going. They're still going. They're filing all kinds of suits in court, and you're like, that's not going to stand in court. They're not going to pursue that.

It's just -- okay. Well, then stop it. Spend the time to stop it. That's what he's doing. He's just lighting little brushfires everywhere.

Thank goodness, Donald Trump is not California.

He'll put them out quickly, I think.

Now, the -- Biden gave a speech, and I -- I just rewrote it.

I'm sorry. I rewrote the speech.

STU: Okay.

GLENN: Because I said everything that he said, but I added a little bit of the truth.

Okay?

So let me give you what he said, last night.

First, do we have the -- the Hail to the Chief?

Or something that makes it sound official? Because it was very official.

It was in the White House. I'm not kidding.

He was sitting on a pillow last night.

Yeah. No. Real one. And just go ahead. So he's -- and now a message from the president of the United States.

My fellow Americans, folks, I'm serious. This is it.

This is my last address as your president.

No joke!

I've been in public service. For 50 years, now.

Maybe more.

I've seen a lot in my time.

But I've got to tell you, still believe in America.

Well, there's some things that we need to talk about. Things that really worry me.

I'm not kidding.

This is serious stuff.

First of all, the oligarchy thing.

Yeah. It's bad!

Folks, we've got billionaires and corporations running the shows right now, and it's dangerous. Come on. We can't have people, billionaires, who think they can run everything. Like George Soros.

Well, no.

Probably, he deserves a medal, but other people like that, that vote differently than the way we want them to vote.

That's just got to stop. Got to stop. Okay?

He's a good guy mostly. And big tech. Don't even get me started, folks.

Don't. Don't.

It's like my dad used to say. When I was growing up in Scranton, you know, just an average scrappy kid, hanging out with black people and minorities mainly.

You know, my dad used to say to me, don't trust big tech. He was way ahead of the game. Way ahead.

I loved my dad. I will cry. By the way, California, I can relate. Because I had a kitchen fire once.

Anyway, back to big tech. Don't even get me started. We had to work with them. You know. You know, to protect democracy. That's why we had an open line to Facebook and Twitter. Some people called it censorship. That's malarkey. Okay?

It was just, what's the word? Guardrails. Yeah, guard rails for democracy.

That's what that was. And misinformation.

Folks!

I'm serious.

It's everywhere. No joke!

Americans are buried in misinformation.

But let me be clear. We weren't part of that. Okay. Maybe a little bit. But not very much.

I mean, not that you know of.

It's coming out?

Okay. Well, all right.

Maybe a little. We did say Hunter's laptop was fake. Turns out, wasn't. That was a surprise.

No joke, people. I had no idea.

Maybe we had a few things wrong about COVID. You know, like the origins, the lockdowns, the vaccines. But come on! Folks, I'm serious.

It was confusing. You keeping it straight.

Come on.

Look, I know some of you are mad about my family making a few bucks overseas. But, folks, let me tell you, that's how business gets done sometimes.

You know, what are you going to do?

My son, Hunter, good kid. Smart as a whip. Oh, my gosh. What a talented painter he is. Did you hear? Five hundred million dollars of his paintings have been lost in the fire!

Damn it! But a good thing we had insurance on all of that art.

You know, he got some deals. China, Ukraine. Whatever. But it was all aboveboard.

I mean, I'm serious, folks. It's fine. Totally legit. And here's the thing about AI. It's scary.

Artificial intelligence. That's what they call it. I don't trust it. One day, you're talking to your phone.

The next thing you know, it's running your life.

That's why I wanted Congress to ban stock trading for government employees. No joke.

No joke. You can't have senators buying stocks when they know stuff about stocks!

It's just wrong, folks.

Never. I mean, not recently.

I have not recently benefited from stock trading. No joke.

My family made it the old-fashioned way. Through bribery.

That's what we did. All right.

That's America. And let me tell you about America and unity. Folks, we need unity now more than ever.

But you know what is stopping us?

And I mean it!

People who don't listen. They spread lies. They stir up television.

Some of them need to vote for the other guy, and I'm not kidding.

These people are dangerous. Folks, I'm not kidding. Makes me so mad. I could -- I don't know.

You know the rest. Now, I know I've made mistakes. Nobody is perfect. I mean, I'm pretty Tam close. But come on, folks. Give me a break. I'm just doing what's right.

You have to trust me on this. In closing, I want to remind you of the statute of liberty.

That lady has been swaying in the wind for years. But she never falls. Just like America.

She might lead a little to the right or left. But she stays upright. No joke.

It's a miracle. They wouldn't let me change that torch to an ice cream cone. Which I think that would have been great. You know, on her feet, we should have given her some socks or something. Because her feet has to be cold. They're made out of metal, seriously. Seriously, folks.

I'm not joking. What's her hair smell like?

So now it's your turn to stand guard.

Keep the faith. Protect democracy.

And remember, I love the little children.

Hey, God loves the little children.

He keeps them in the palm of his hand.

I've got my palm of my hand on little children.

It's good. Folks, come on!

I'm being serious.

It's real. I love it. I'm serious.

God bless you.

And God bless something else, I don't remember what it was.

So that is a summary of his speech last night.

And --

STU: He's good.

GLENN: Then he walked off into the sunshine.

With the -- and they're pretty close.

He had the seniors come this. You know, from his senior center.

And it was regulated. Ow! That one hurt there. But, hey, he was trying. No, folks, seriously, they're trying their best.

They're seniors. And look at them go. Look at them go.

STU: The Joe Biden players. Ladies and gentlemen.

GLENN: And we're going to miss it. We're going to miss them.

We really are. We really are.

You know, I was thinking, I really don't care except for the instruction.

And I think Democrats have it in the exact right place.

Because they don't care about the destruction, I don't think. At least the ones in Washington.

And they're not paying attention to him at all. They don't care what he's doing. They don't care, okay?

Isn't this exactly the way we should all feel about our president, all the time?

Without the fear of, good God, what is he doing behind the scenes?

Without that fear. He should not have that big of an impact. Nor should all of those clowns in Washington.

You know what I would like to do?

I would like to go back to doing comedy, like, remember, Stu. In the old days, 25 years ago, before 9/11. We were doing comedy.

Wouldn't that be nice? That would be nice.

Would love to do that. But we suddenly had to care. Because these people are out of their mind and out of control.

The way the Democrats care about Joe Biden right now is the way we should care about every president.

Okay?

They should have such little power. No. I'm not joking folks.

I'm not. I'm being serious.

Such little power. We don't care. Yeah.

Yeah. Now, let's go have some ice cream.

STU: I mean, that's -- what the Founders kind of wanted, right?

They wanted a country in which, where you didn't have to think about the cane all the time --

GLENN: Yeah, and you would say, shut up. Shut up.

That's what I think our Founders.

STU: Italian Founders. Yeah. Shut up.

Because, again, it's easy to think about now, as someone you probably like is coming into office.

So you might like the focus on them.

GLENN: Well, I like the focus on them. Because I will fix it. You know what I mean? And then we need to care enough to get those things out of an executive order. And passed as laws. Otherwise, four years from now. We can have somebody -- Karl Marx, they might bring back from the dead. And they will be like, Karl Marx, you know, his first time around didn't go well. But I'm serious, folks. He's great now. And look at that beard. I mean, that's a great beard. Especially for being dead for so long.

And they -- we can -- he will be like, I will do a few executive orders. What? What's the problem?

You know, no! We need to pay attention, so they actually pass these things, as bills.

STU: Interesting. A development on that front. The Republicans are trying to talk Trump out of doing some of these executive orders.

When he first starts. Because of a -- basically a technicality, that comes from this law that we want to pass, this reconciliation bill.

This is their one big bill. To do that. They can pass this bill with only 50 senators.

If it's cutting the deficit, essentially.

And so the -- what -- some of these executive orders that Trump wants to do, will help that. Right?

GLENN: But they need to have them in the pill.

STU: They need to have them in the bill to make sure the scoring is right, so they can pass it.

GLENN: You know, I have to tell you. I think there's more to cut than everyone thinks. Oh, gee, we've got to reduce the deficit.

And you will cut a lot of places. I think you could find more.

STU: I think you can. I think you can.

Again, if you're going to do it anyway. I would prefer, if it's a good measure. And it's going to improve the budget situation. I would rather have it in the reconciliation bill, than as an executive order, for the same reasons you're talking about.

GLENN: Yeah. Yeah. But I would like to not give away, the stuff that we could get through executive order.

STU: Yeah.

GLENN: You know.

STU: If you can get it through the law.

GLENN: Get it through the law.

STU: Get it through the bill. Get it that way. If it's not available there. Then you go --

GLENN: Take it elsewhere.

Because there's a lot that can be cut. Gee. I don't know. We're a few hundred billion dollars away from being able to save the deficit. And pass this bill.

I don't know. Department of Education. Where are the keys?

STU: You can't do that by executive order.

GLENN: No. I'm saying Congress. I'm saying Congress.

We can't do it in the bill.

We can't just pass it with 50, because it's not enough.

Where are the keys to the Department of Education?

I would just like to see them, right now.

Let's put them in the pile. All right.

California Fires and New Jersey Drones: Government Secrets EXPOSED | Glenn TV | Ep 405

The secrets, lies, and utter absence of transparency from all levels of government are tearing our country apart. In just a few days, the Trump administration has the opportunity to change all of that and start a new era of accountability. Over the past decade, we’ve been lied to about Epstein, Ukraine, the Biden crime family … the list goes on! In this episode of Glenn TV, Glenn peels back the layers on two of the biggest stories right now that Americans are DEMANDING answers on: the fires in Los Angeles and the mysterious drone sightings that started in New Jersey but have since occurred all over the world. Then, journalist Michael Shellenberger joins to discuss how California failed to prepare for the Los Angeles wildfires, why there never should have been a dry reservoir, and where he believes the drones are coming from: Are they Chinese, UFOs, or the property of the U.S. government?

The TRUTH About Biden’s Israel-Hamas Ceasefire Deal

The ceasefire deal between Israel and Hamas is already showing signs of falling apart. The deal, which includes the swap of 33 hostages for 1,000 Palestinian prisoners, was paused after Israeli Prime Minister Benjamin Netanyahu accused Hamas of breaking some of its promises. The Biden administration took plenty of credit for the deal, but also acknowledged Donald Trump’s role in its finalization. But Glenn explains why this is NOT Trump’s deal. When Trump takes office, he believes, we’ll see a deal that’s much better for Israel.

Transcript

Below is a rush transcript that may contain errors

GLENN: So let's talk about this deal in the Middle East. Here is -- and remember, the State Department is -- is ground zero for everything bad. In the world.

I mean, I -- honestly, I think Marco Rubio should go in.

And he said fire everyone on the seventh floor. Maybe the sixth.

Just fire them all. You're all gone. I don't care if some of you are good. I don't have time to sort it out.

You're all gone.

Because it's been out of control since really FDR.

And they think that they're in charge of the world.

And it is the State Department, that has brought us these endless wars and everything else.

They've got to go. They all have to go.

So with that in mind, listen to the State Department spokesperson on the Hamas deal.

Listen to this.

GLENN: When it comes to the involvement of president-elect Trump's team is absolutely critical in getting this deal over the line.

And it's been critical. Because obviously, as I stand here today.

This administration's term in office will expire in ten days.

And one of the things we've always said about this deal.

When you get to stage one, to stage two. That the United States, Egypt and be Qatar. Are the guarantors of this deal. And Egypt and Qatar will push Hamas to stay at the bargaining table. And to get from stage one to stage two.

And the United States will push Israel to stay at the bargaining table from phase one to phase two.

Obviously, those are promises we cannot make on behalf of the United States for any longer than the next five days.

And so it's critical that all of the parties to the agreement and the other mediators see that when the United States is in the room, making commitments. Those are lasting commitments. That extend beyond this administration. Into the next one.

GLENN: Uh-huh. So stop.

They're long-standing commitments. They will go long past the five days.

Well, they must even make it to day two. Overnight, this deal has started to fall apart.

And it started to fall apart with Benjamin Netanyahu. And the Israelis.

Okay.

Well, wait. I thought that's the critical role that Donald Trump was playing. That's what he just said.

We can -- we can bring Benjamin Netanyahu, and Israel to the table. Well, Benjamin Netanyahu did not go to the table, under Biden.

Didn't come to the table. Now, Hamas didn't come to the table because of Biden.

This has all happened, because Donald Trump has said this. Cut one.

VOICE: I think they heard him loud and clear.

It will get done by the inaugural.

VOICE: Before we take office.

VOICE: And don't release the hostages.

VOICE: Do you have to define it for you.

All hell will break out. If those hostages aren't back. I don't want to hurt your negotiation.

If they're not back by the time I get into office. All hell will break out, in the Middle East.

And it will not be good for Hamas.

GLENN: Okay!

So wait. How is Donald Trump responsible for a deal that looks like it's really good for Hamas.

And not good for Israel.

All hell will break loose.

This is the only reason why they're talking about this. And Joe Biden, eager to make a deal.

Made a deal that's good for Hamas, not Israel. So that's falling apart right now.

STU: Deal is falling apart?

GLENN: Yeah. Fell apart overnight. It looks like, it's not holding.

STU: Well, I mean, because it is -- obviously has some good in it for Israel.

And potentially America, right? Potentially American hostages released.

GLENN: But also potentially --

STU: We don't know. It's something like 33 for a thousand. Something -- as always with these deals.

It heavily favors Hamas.

GLENN: Correct.

It leaves Hamas in power.

All kinds of things bad for Israel.

STU: It does not end the war. It's a cease-fire. Okay.

That's important.

GLENN: Yeah. A cease-fire.

That's important.

So Donald Trump is the reason why something will happen. Okay?

Donald Trump has not been able to make a deal. Get them to the table.

He can make a deal. But it's a Biden deal. A bad deal.

He can make that deal with them right now. Because they all know, daddy is coming home.

We better stop our bickering.

Because daddy is going to solve it. And I'm not sure we're going to like the solution coming from daddy.

So they try to get into a deal.

Notice, if the Israelis are the ones pulling out, you don't think Benjamin Netanyahu is just springing that on Donald Trump.

He's not just like -- Donald Trump is not getting up today and going, wait. The deal fell apart. Benjamin Netanyahu and the Knesset doesn't want to deal with that? What happened? Uh-uh. They were on the phone with him, so he knows that.

No matter what the White House tries to do and rope him in, this is not his deal. It's moving because of him. But that's all.

And I take him seriously when he said -- I mean, let's talk about this in a week. Let's talk about this next Friday. Where will this story be next Friday?

Because I don't think it will be here!

You'll notice, he said, make a deal before I even get into office.

There's going to be a lot of talk with Hamas, on what exactly they have to do. And what the ramifications are.

Because I would not put it past Donald Trump, by Monday evening.

Drones, to be flying over Hamas.

He will -- he will release hell on them.

He is a guy, that keeps his word. Because he knows, if I don't, then I'm known as somebody who just bluffs.

And I'm not going to do that. Because that puts the United States. Into real trouble.

And he's been real clear on this, over and over and over again! Hell will be paid if you don't release the hostages, by the time I'm in office.

So we'll see, exactly what is coming on.

Female Veteran Says Pete Hegseth is RIGHT About Women in the Military

Congresswoman and Air Force veteran Anna Paulina Luna joins Glenn to clear up one of the Democrats' biggest lies about Trump’s Defense Secretary pick Pete Hegseth during his confirmation hearing: "Pete never said that he didn't want women to serve in the military. In fact, it's quite the opposite. But I have the same agreement in that there are certain roles that women SHOULD NOT be subjected to in the military." Plus, she discusses why she’s hopeful that the Trump administration will reveal the truth about UFOs and the mysterious New Jersey drones.

Transcript

Below is a rush transcript that may contain errors

GLENN: Congresswoman Anna Paulina Luna from Florida. Welcome to the program. How are you?

ANNA: Hey, Glenn. Happy to be back on.

GLENN: Yeah, it's very good to talk to you. So you were in the Air Force?

ANNA: I was.

GLENN: And what did you do in the Air Force?
ANNA: I did air field management, and worked with actually my first installation, was the B-2 stealth bombers of flight plans, a lot of inspections, a lot of readings. Did not serve in combat.

However, I definitely have an opinion or two on women in combat.

GLENN: I would like to hear it.

ANNA: First of all, during the confirmation hearings. They were incredible.

And they were trying to walk them into these sound bites. The one thing I kept hearing from the Democrats was, they were taking his comments out of context, in regards to women in the military.

So Pete never said that he never wanted women to serve in the military. In fact, it's quite the opposite.

But I have the same agreement, in that there are certain rules that women should not be subjected to in the military. So in a lot of foreign countries, you will see there will be women-only sniper teams. And/or women-only teams that will see combat. Now, I preface this by saying, that there is a study that has been done. And shows that when women have been placed in harm's way. That the natural instinct for men was to protect that woman. And that's the right thing to do.

That's that, quote, unquote, toxic masculinity that the left tries to mess with all the time --

GLENN: That is human nature. We're born with that, but go ahead.

ANNA: Right?

And so when you have though, a woman that let's say, plays on a Special Forces team. They come under fire.

Hypothetically that woman gets hurt. Instead of focusing on the mission, as it would be, the men then would in turn, go to protect that woman.

And it could ultimately result in, A, more casualties, more people getting hurt, and then also jeopardize the success of the mission.

And so I think when we're looking at military policy as a whole, we need to take these things into consideration. But it's very easy because Pete is a white male. For them to try to demonize him and treat him as this anti-woman, you know, alcoholic womanizer, which is simply not the case.

Other thing, and the reason why I wanted to show my support for him. Was, look, Pete is a Christian. He has the Jerusalem cross tattooed on him.

That does not mean he's a Nazi. That does not mean he's a white nationalist. So what I've been telling reporters. If Pete was so anti-, you know, anti-minority.

Anti-, you know, anything to do what we stand for and value in this country, why would you have the same -- because they don't really have a response to us.

GLENN: Yeah. All right. So do you agree with him? Because I took from him yesterday, something else about the military. I have no problem with women in the military, with an exception of the natural order of things, where I think men -- I have to tell you, if -- if one of the guys was captured by, you know, al-Qaeda. I would do everything I can to make sure that one of the members of my team, you know, were safe. And I would do everything that we should do. However, it's different if I know that the woman member of our team, has just been captured.

I -- it takes on a different meaning to me. Because I know what's going to happen to her, in compared to Tom or Tim.

And I think that is a natural instinct, that you cannot get rid of. And you don't want to.

The second thing, that I think that Pete is talking about. And we saw this in the fire chief, in -- in Los Angeles.

Where she said, you know, I -- you know, I'll talk to people. They'll say, well, you can't lift my husband out of our burning house.

And her response was, well, you know, he got himself into a place he shouldn't be.

So why should I?

Okay. So that's ridiculous. As long as a woman can physically do exactly what is required of the male, then I don't have a problem with that. Do you agree with that?

ANNA: I would say, though, there's this aspect of psychology. And certain situations. Where I don't think women should be placed. So right now, what we're seeing, is -- you know, those are all great points, Glenn.

The military standards, currently. There are different standards for women and for men.

That's just a fact. But there are also different requirements for different jobs. Right?

If you can go in, for example, to be a fire firefighter, you're required to lift X amount, whether or not you're a man or a woman in the military.

But in that sense, I would say that, when you're talking about conditions where you're living in a field. When you're talking about conditions, when you know that there is going to be a psychological aspect and component. It doesn't mean that women aren't as good as men.

I think there's been cases, where women can be better snipers than men are.

Depending on what you're looking for job-wise.

What I will say, as far as my perspective is concerned.

I don't think women should be required to register for the draft.

I know that Senate Democrats were pushing that.

And I also think that women should not be placed in certain combat roles in the military.

GLENN: Agreed. Agreed. Agreed.

Let me switch topics with you.

You were one of the biggest advocates for the UAP. UFO disclosure.

Any updates on -- on that hearing, the updates on the New Jersey drones.

And were you able to get David Grusch into a skiff and get a classified briefing? And if so, what was your takeaway?

ANNA: So I was not able to get Grusch into a skiff. In fact, they were blocking that, by not re-activating his security clearance. And so I'm hopeful with the new incoming administration, especially because as of right now, you know, Marco Rubio led to his confirmation for Secretary of State.

GLENN: Yeah.

ANNA: And they have been in the Senate, one of the big advocates and supporters of looking into UAP's -- a/k/a, UFOs. And then everything else associated with that.

Now, what I will say, is that I've been grossly disappointed and disgusted by how the Biden administration handled what happened with the Chinese spy balloon, which to be clear is different than a UAP.

The fact is, some of these drones are likely tied to not just hobbyists. But probably more nefarious actors.

Even if we had that information, shared in the public. I don't believe that the Biden administration would have done that.

Because of how I saw, how they handled the drones.

In the United States. And collecting intelligence. Nonetheless.

It was a Chinese intelligence operation.

You know, I had one of my colleagues Van Drew, who actually made an admission on television, that it was adversarial drones. And then you saw the Intel community come out. But Van Drew would not just make something like that up.

So you're seeing kind of this rift occur with the intelligence community, and then people that do want the American people to simply know the case.

I think this is probably the topic of longer discussion. In regards to what a UAP is. What's interesting, Glenn. And I know you look at these things through a lens, as do I.

As a Christian, first and foremost. But what's interesting, when I was questioning Grusch.

I actually asked him, well, what would you consider, in so many words -- is this like a physical ST?

And he kept calling things inter-dimensional beings, if we're specifically referencing UAPs, and so I think that that just aligns in perspective, to think about this from.

I think there's a lot. You would have talked about this even ten years ago.

Your political career would have been over. People would have said you're a conspiracy theorist.

I can tell you, this is probably the number one question I get. No matter where I am at in the country, people come up. They appreciate it, because everyone is curious. So I'll leave you with that.

GLENN: So let me just -- let me just follow that here, just a little bit.

The inter-dimensional beings, that could be spiritual. That could be a quantum being. Any idea what he meant by that?

ANNA: You know, I actually tried to pull on his string. And he didn't want to go there.

And I can also tell you, when I was talking to him, with a group of other legislators on the phone, prior to the hearing.

That he did make the omission. That he was actually in fear of his life. And that something happened, where he tried to kill him.

So I don't know if that was associated. But he did not want to go into that any further.

And so based on my investigation. Based on what we're told in the hearing, I would say that it does not seem like it would be a good thing.

He gave me the impression. That this was nefarious.

So take it for what it's worth.

It's inter-dimensional.

I think quantum could be, you know,

GLENN: Right.

ANNA: We're on the same page there.

GLENN: So it is so bizarre that this kind of stuff is happening.

And we're not being told. Donald Trump said that he would talk about the drones. On Tuesday.

He said, give me a day, to get settled on office.

And he said, I'll find iota the drones. And I'll tell the American people.

If that's China. Should we know, the American people?

ANNA: I think it would be well within his wheelhouse.

And I think he wants the American people to start to trust their elected officials.

It goes to so much deeper than just have someone in the White House on your side. Right?

Because we know that -- and from what I've gathered, because remember, there's been bipartisan and bicameral meetings in the Senate, the House. And Democrats and Republicans have all been working on this together, to get some answers and information.

And there is a certain level of stovepiping that we've seen with information. And then also too, the aspect of, I as a sitting member of Congress. Who sits on oversight and foreign affairs, was denied access by a general at the Air Force base, to whom I responded. Who gives you the right and authority to tell a duly elected member and group of Congressmen, that they don't have access to a program that we write the damn checks for?

You have no authority to deny us access.

And so that conversation, probably not comfortable for that general.

GLENN: How did that end?

ANNA: Well, he left.

He actually got up in the middle of our meeting and went on TDY. Which any military member will tell you, never happened. He left the meeting.

He left the state.

He got up and left.

GLENN: Wow! Did you ever get an answer?

No. Representative Gaetz and Representative Burchett were also there to witness this.

I never seen that happen. And remember, I was in the military.

He literally got up and left in the middle of the meeting. Said he had orders in Georgia, and he never came back.

GLENN: Are you -- are you concerned at all about some of the conversations. We just saw another video from James O'Keefe.

Where he's talking to somebody who was -- I think he claimed to be in the FBI.

Said, he and others were meeting with generals. To make sure that they had a control on Donald Trump.

Are you -- are you confident at all, this time around, Donald Trump will be able to route that.

VOICE: Oh, most certainly.

And I will say, that has a lot to do with the confirmation of the Secretary of Defense.

You know, top down.

Last time president Trump was in office. I think there was a lot of trust in people, to do the right thing.

And then he realized that the Deep State was real.

And there were people running, regardless of whether he was a Republican. Or whether they're Republicans or not.

That they were working against his agenda. Because they didn't like what he stood for.

What we're finding, there is going to be a setup to go through these generals. That, A, discharge military members based on vaccinations. And boards.

The fact is, if you're a general and you're pushing wokeness ideologies.

Or you're trying to undermine subjective o the commander in chief, you have no place in the Department of Defense, period.

And so those people conspired, and I look forward to that. Because I can just tell you from a congressional perspective, Glenn. I actually had an amendment in the National Defense Authorization Act to remove DEI for military training.

And I have friends still in the military. So someone at Ramstein Air Base actually sent me an email of an officer there, that was directly undermining what we did. Congress has removed DEI.
So we're renaming it. Please, proceed with the training.

Guess what, that person is also going to be fired. And that's really how you're going to be at the DOD --

GLENN: Good. Good.

If you could hold for 60 seconds, I need to take a network break and come back. I want to ask you about Cuba. What the Biden administration just did. And also about Tulsi Gabbard. And how you feel about her and her nomination.

Back in just a second with Anna Paulina Luna, Representative from Florida.