RADIOJune 16, 2022

WATCH: Biden reveals his TRUE belief on our FAILING economy

Joe Biden and his administration are ‘changing lives,’ he told the world on Tuesday. ‘I don't want to hear any more of these lies about reckless spending,’ the president said in a speech to America’s largest federation of unions, AFL-CIO. ‘We're changing people's lives!’ Glenn says this comment may have been an HONEST moment from Joe in which he shared his TRUE belief on our current, failing economy: that the pain felt by Americans now IS worth the clean energy future Biden and his powerful colleagues dream of…

Transcript

Below is a rush transcript that may contain errors

GLENN: Here's Hunter Biden in a piece that maybe tomorrow, Stu, we'll play in its entirety. It's like five minutes. And it's remarkable. He taped this conversation, on his laptop. He's having a conversation with another artist, who is helping him with his art. And he talks about his father. Listen to this. Cut two.

VOICE: He'll talk about anything that I want him to that he believes in. If I say, it's important to me, then he will look away, and wish to make it a part of his platform. My dad respects me more than he respects anyone in the world. And I know that to be certain.

STU: Hmm.

GLENN: He goes on to talk about how I call my dad all the time. And we talk about policies. And he's going to talk about this. And he'll push whatever I want him to push.

It's an extraordinary piece of audio, especially when dad said, I don't know anything about anything. We don't talk about anything like that. He's making it very clear, on this. Joe Biden knows and talks about all of it. But Joe Biden is kind of an interesting cat. Because I don't know if he's deliberately ignorant. If he is completely senile. If they won't let him watch television. I'm not sure.

If you look at the economy right now, and how people are feeling, this man is more out of touch, I think than really anybody since the czar Nicholas. I mean, he was out of touch with the people. I think Joe Biden is approaching this. Listen to how he -- he talks about our economy, and how people are feeling right now. This is cut six.

VOICE: Consumer confidence at the lowest in 70 years. Lower than the great recession. Lower than the stock market crash of the '80s. Lower than after 9/11. What can the White House do? Or will it do, to instill confidence in the American people, and the American economy is this.

VOICE: Well, it's important to first level to where we actually are economically. And we are in a transition. We are moving out of what has been the strongest economic recovery in modern American history. To what can be a more stable period of growth. Where we don't have to sacrifice all of those economic gains. And the key I think here is we face real challenges. And prices being first among them. But we also have real economic strengths. The strength of our labor market. The strength of household balance sheets, where notwithstanding, people are reporting low -- low confidence. They are also reporting record highs. In terms of financial stability.

GLENN: Stop for a second. Stu, do you know anyone who is feeling financially stable right now. Do you know anybody who is like, you know what, when is it bad. But I've got so much money stacked away in the bank, that I'm not worried about it.

STU: Yeah. Even people who are well off, I find. As you know, Glenn. We constantly gather in country clubs. And have cocktail parties with elitists, because we're conservatives. And when we do that, even --

GLENN: Oh, sure.

STU: Even those people, even people who are well off, and have a decent amount of resources. They have no idea how to protect them. Where do you put the stuff? You mentioned gold earlier, which has held up pretty well, as compared to pretty much everything else over this period.

But you, you know, you're in crypto, you're down. You're in tech stocks, you're down. You're in the S&P 500, you're down.

You know, you're in cash, you're definitely down. Because inflation is wiping you out, slowly, even though you don't realize it. And all of this, like adds up. You know, they keep saying this, that people have a higher amount of money in their savings accounts. And it's just like, it's completely ridiculous measure. They gave a bunch of free money to people. And told them, they can't go anywhere. So, yeah. A lot of people wound up over the covid period. Saving some money. Because they were terrified of what was coming next. And that money is just slowly dwindling away. And over time, it will go away completely.

GLENN: Right. If it is kept in a bank. But I'm not sure it's being kept in the bank anymore. I think a lot of people have just blown through that. Not blown through it. But how many weeks can you fill your car, once or twice a week, at $120 a tank? How many weeks can the average person do that? I don't know. I don't know. But I don't think very long.

Biden goes on to say, this was when he was at the AFL. CIO. That problems are bad. But not like everywhere else.

BIDEN: With my plan for the economy, we made extraordinary progress. And put America in a position to tackle worldwide problems, worse everywhere but here.

GLENN: Uh-huh. Uh-huh. And then he says, inflation is not because of reckless spending. Cut eight.

BIDEN: I don't want to hear anymore of these lies about reckless spending. We're changing people's lives.

(laughter)

GLENN: Okay.

STU: What? Is that why --

GLENN: You see what he's saying here? I don't know. Because he's an old man, and he's angry. You see what he just did. He says, I don't want to hear about this reckless spending anymore. It's all lies. We're changing people's lives. So what he's saying, as I interpret it. I hate to interpret it, because he may have no idea what he's talking about. If you want to look at that logically. What he's saying is it's not the record spending that's causing all these problems. That's a lie. We are changing people's lives. Meaning, we are getting off of all of the fossil fuels. We're changing the way the economy even is run. We're leaving capitalism, and going into The Great Reset. All of these things have to be done. And it's going to be painful. And we're going to be saving people's lives because of this. I think that's a moment of real honesty, where he's telling the American people. Because he's done it before. This is going to be hard. But at the end of it, we're going to be better off, because we won't object fossil fuels.

STU: Yeah. And I think it's important to look at, what could have been here. When we were going through covid. I remember, Glenn, having a conversation with you. Saying, this is interesting. In that, we're seeing a real test of what conservatives believe about spending. We've talked about this for so many years. And spending has always been bad. But there's always been a problem. But our case was, if you start to go crazy, there's a breaking point. And there was the competing ideology of modern monetary theory. And we said during the time. Like, look, we're just experimenting with this. We're going for it. We're going to print $4 trillion. $5 trillion. We'll have all this money coming from the fed. And if there's not an affect from this. I don't know. Does that prove our thesis wrong all this time? And here we go. They do this. They now print another. Then Biden comes in. They pass another multi-trillion-dollar bill. And we're seeing that the entire time the conservative position on this was correct. Look at inflation and what's happening right now. It's destroying families.

GLENN: Yep.

STU: And I think it's important to remember, that the Democrats wanted and almost got, another $6 trillion of spending. In that -- three and six.

GLENN: Which let me tell you. I want to end the program with a piece of audio on that very subject. We'll do that in just a minute.

THE GLENN BECK PODCAST

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

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

Watch the FULL Interview HERE

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

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

Transcript

Below is a rush transcript that may contain errors

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

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

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

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

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

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

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

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

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

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

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

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

The highest since 2023.

And also, where is it?

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

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

What is it this year?

Median age, first time homeowner, forty.

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

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

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

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

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

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

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

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

GLENN: But they're not learning that anywhere.

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

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

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

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

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

Transcript

Below is a rush transcript that may contain errors

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

CALLER: Hello!

GLENN: Hey.

CALLER: Yeah. Thanks for taking the calls today.

GLENN: Sure.

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

GLENN: Hmm.

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

GLENN: Uh-huh.

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

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

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

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

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

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

The world doesn't understand.

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

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

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

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

It's not a problem.

It's not a problem.

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

Because we're the ones living it!

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

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

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

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

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

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

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

Dan, Oregon. Welcome!

CALLER: Hello, Glenn. How are you?

GLENN: I'm great!

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

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

GLENN: Wow. Wow.

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

GLENN: Neither have I!

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

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

STU: Hmm.

GLENN: Right.

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

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

STU: There's nothing to laugh about now.

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

GLENN: Good for you.

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

GLENN: Good for you.

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

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

GLENN: Yeah.

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

GLENN: Yeah. Yeah.

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

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

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

GLENN: Oh, yeah.

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

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

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

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

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

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

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

GLENN: That's exactly right. Exactly right.

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

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

Can you help me with that?

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

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

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

Just love them!

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

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

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