What Does Warren Buffett Know That We Don't Know?! | Guests: AG Andrew Bailey & Carol Roth | 8/5/24
Primary Topic
This episode explores the critical financial maneuvers by Warren Buffett and the implications of his recent massive sell-off in stocks, as well as broader economic concerns discussed by experts AG Andrew Bailey and Carol Roth.
Episode Summary
Main Takeaways
- Warren Buffett's sell-off is historic in its scale, signaling potential insider knowledge of an impending economic downturn.
- Global markets, especially in Japan, are showing signs of distress, potentially precipitated by aggressive financial policies and market reactions.
- The episode discusses the role of government and private sector responses to economic indicators that suggest a recession, if not a depression, is on the horizon.
- Insights into how personal preparation and understanding of the market can help individuals navigate these uncertain financial times.
- The importance of trusting one’s own research and instincts in investment, as exemplified by Buffett's recent moves.
Episode Chapters
1: Opening Remarks
Beck introduces the episode’s theme and sets the stage for a deep dive into economic strategies in uncertain times. He hints at Buffett’s recent moves and the potential reasons behind them.
- Glenn Beck: "What does Warren Buffett know that we don't know? This could be the biggest story of our financial lifetime."
2: Analysis with Carol Roth
Carol Roth provides an analysis of Buffett's decision to sell stocks, discussing the possible insights he might have that are not yet apparent to the public.
- Carol Roth: "Buffett’s actions may be indicative of his mistrust in the current market stability."
3: Broader Economic Implications
Discussion on how Buffett's actions reflect broader economic trends and what this means for the average investor.
- AG Andrew Bailey: "If someone of Buffett's stature is moving out of stocks, it is a clear signal that we should all be more cautious."
4: Closing Thoughts
Beck summarizes the discussions and emphasizes the importance of being prepared for any economic environment.
- Glenn Beck: "Prepare for the future, because if history has taught us anything, it's that the market rewards the prepared and punishes the unwary."
Actionable Advice
- Reevaluate personal investment portfolios in light of new market information.
- Consider diversifying investments to mitigate potential risks.
- Stay informed on global economic policies and their impacts on markets.
- Develop a financial emergency plan that includes liquidity and assets outside of the stock market.
- Engage with financial advisors to align strategies with current economic forecasts.
About This Episode
The Dow has dropped thousands of points, and Warren Buffett is off-loading most of his stocks, including Apple shares. Glenn speaks about the recent disappointing jobs report as economies are crashing worldwide. Is a civil war about to break out in Great Britain? Intelligence expert and Glenn’s chief researcher Jason Buttrill joins to discuss the potential attack Iran is planning against Israel and the parallels between the U.K.’s unrest and America. Former investment banker Carol Roth joins to break down the current economic crashes in America and Japan. Rachel Goldberg-Polin joins to discuss how she has handled her son being held captive by Hamas for over 300 days. Missouri Attorney General Andrew Bailey joins to discuss the absurdity to which the Left has taken gender ideology, as men are now being allowed to enter women’s locker rooms. Kansas state representative and state Senate candidate Michael Murphy joins to discuss how his seat is critical for passing anti-ESG legislation in the state.
People
Warren Buffett, Glenn Beck, AG Andrew Bailey, Carol Roth
Companies
Berkshire Hathaway
Books
None
Guest Name(s):
AG Andrew Bailey, Carol Roth
Content Warnings:
None
Transcript
Glenn Beck
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And, wow, buckle up because this one's a bumpy ride.
Room to compromise.
We gotta stay together if we're gonna survive.
Stand up straight.
Welcome to the fuel of entertainment and enlightenment.
This is the Glenn Beck program.
Hello, America. Buckle up. It's going to be a bumpy ride today. The Dow is down in futures, 1285 points.
That's on 611 points from Friday.
And if you really dare to look and open this jar, Japan almost collapsed last night they closed, or this morning they closed down.
Twelve and a half percent.
Biggest since I think, 1989, which was the Black Monday on Wall street.
It could be a very sketchy day today and there's war popping up all over the world.
Iran may go to war, war today with Israel. They are expecting movement at some time. Could happen during this live broadcast. So we'll keep an eye out for you. There is a lot of stuff going on. You need to be prepared. We will go there in 60 seconds. By the way, don't, Pat, don't let me forget.
A possible civil war in England now.
Pat Gray
Ooh, holy cow.
Glenn Beck
Let me tell you about the Burna launcher.
You know, we all want to be John Wayne sometimes and blow the bad guy away in the gunfight, you know, and just, you know, blow him away and he's really, really bad. And so you shoot him and he goes through the saloon window. Wouldn't that be fun? It doesn't happen that way. It doesn't happen that way. And it's not really fun if you shoot a gun at another person, you're most likely going to change your life for the next couple of years, and it may be longer.
And of course, you. You may kill somebody is if you're willing to do that in certain situations, fine. Cause I am.
If you're worried about the situations and you're like, this isn't. I don't want to kill him.
You don't shoot to wound. You have a burna launcher. A burna launcher is something that is less than lethal, but it will incapacitate an attacker or a bad guy for up to 40 minutes. It's not pepper spray. It's full fledged tear gas.
Also, they have a high capacity mission. Four rifle with maximum projectile speed. It's back in stock and ready to ship. These guys are second Amendment guys that build this. They build it in fort Wayne, Indiana, but they know also you have to have some options. Please. My family has one. Every member of my family has one. Byrna.com glenn. That's berna.com glenn.
So we've got to get to the possible civil war in, uh, Great Britain. That is what. What's happening in Great Britain is coming here.
It is coming here.
What is happening in Great Britain right now is.
Is exactly what I laid out for you as the Bubba effect. I'll get into that here in just a few minutes. First, let me tell you about what is happening with the stock market.
Friday, we had a bad jobs report.
We're still not in a recession. Indicators are showing that we're headed towards one.
But the indicators have been wrong before.
We are headed towards one. We're headed for 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 a former dj, that is a recovering alcoholic, and I'm a self educated man. So take everything that I say with a grain of salt. I want you. I need you to do your own homework. I hope, honestly, this haven't happened yet, but I honestly hope that you do your homework and you find out. 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. The 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 and is like, hey, mom and dad, you know, and guarded by Rottweilers. But 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 fall this morning, before we even open up, we're down almost 1200 points.
You know, that's almost 2000 points in two days.
But in Japan, stocks were wiped out. This happened while you were asleep. The Nikkei 225 is falling twelve 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.
Uh, 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 is he selling everything and, and holding on just to the creme de la creme. What does Warren Buffett 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.
Just the words of my grandfather keep running ringing in my head. If we only knew what the rich people knew, uh, before the great Depression, we would have, 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.
But now some sleuths have gone out there and looked because something wasn't right. Uh, and, uh, all this gold was being shipped over to China. And they realized, my gosh, the china is still buying it. 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?
Um, the vix, which is the volatility, um, something that's really important if you watch stocks. Um, but it's just important for you to know. And I'm. This is off the top of my head. Um, in 2008, the VIX, the index of volatility, how volatile are things right now, um, was it, I think, 47, uh, in 2008?
In Covid, it was, like, 56.
And it's currently on a scale of one to 165.
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% of its workforce.
Now, let me go and switch topics to England.
What you're seeing in England is a look see 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, and you know what? I mean? It's not that cool to be british. I mean, you've got a really bad past, Great Britain. And so I wouldn't be. So I wouldn't be so proud. In fact, don't play. Don't. 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 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, denied 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. For I was talking to special forces, and I said, what is the thing that you are 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 response. And then something bad happens. And Bubba, not really knowing anything about world religions or whatever, will walk into a convenience store and he'll shoot a seek because he's got a turbine and he doesn't know.
He'll shoot a seek.
And it's you people, and everybody will know that's wrong. But when the federal government comes 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 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 islamicists.
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's a 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 an enemy of the United States.
We'll do that here in just a couple of minutes. First, let me tell you about rough greens. Tina wrote in about her dog's experience with rough greens. She says, the first time I tried rough greens on Ollie's kibble, he turned his nose up at it. I added some canned food, and he ate everything up. After that. He'd eat it just on the kibble now. No problem. He's a lot more active. Thank you from both me and Ollie. Tina, thanks for writing in. Love your story. Love your dog's name, too. Most dogs just tear into rough greens, but sometimes you got to get a little creative with it at first. But once they get the flavor of rough greens, they gobble it up most times. But that's why rough greens would like to send you the first trial bag for free. Maybe your dog doesn't like it. Most dogs do. But once you start feeding your dog, you know your food, and then on top of it, everything that's good for him, they gobble it down. And most importantly, you'll see a huge difference in your dog. Go to roughgreens, ruff greens.com Beck or call 833 glenn 33. Roughgreens.com Beck or 833 glenn 33. 10 seconds station id for anybody old enough to remember, I believe Stu has become Johnny Carson. He's never working. He seems to always be on vacation. And always sitting in for him is Mister Pat Gray, as usual. Hello, Pat.
Pat Gray
I guess somebody cares about the show, right? Which is.
Glenn Beck
Yeah, it's really just you, pretty much. You and me. Yeah, you and me. Yeah.
Thanks for. Thanks for coming in again. Yeah, I know this is double duty for you.
So how are you feeling? You just finished your show.
Pat Gray
Mm hmm. Oh, I feel great. I think things are going perfectly, don't you? Yeah. Oh, yeah. Nothing to worry about. Yeah, nothing to worry about.
Glenn Beck
I was in LA this weekend, unfortunately, this is my first time in California and 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 won't even look at how radical she is if she becomes our president. We are in the 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. Well, and everybody is, at least in California that I talk to, they're still just enamored with anybody but Donald Trump. And it's like, no guys, you know, 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 Gray
And people forget that in 2019, she was the most liberal, the most progressive senator in the United States of America.
Beyond, far beyond Bernie Sanders, beyond Elizabeth Warren. She's the worst possible choice for president.
Worst possible.
Glenn Beck
And the Democrats knew that. I mean, that's why nobody voted for her, right? Nobody voted for her. 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. Yeah, and a lot of that's insanity.
Pat Gray
She's actually leading quite a few polls. Um, you know, despite her radicalism, she. This is a person for abortion on.
Glenn Beck
The way she's looking at it, the.
Pat Gray
Border disaster that she's overseen. She wants to ban fracking and offshore drilling. She claims she doesn't want to ban fracking, but she was all about it just four years ago.
She wanted to abolish the filibuster.
Glenn Beck
She also is all for not only the filibuster, but the Supreme Court. She's also for a guaranteed jobs program, right? That's the Soviet Union. I mean, you can't get any more left than that. It's really, really not good nationalized healthcare. 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, right? She's moderating because she has to now, but this is what she believes government needs. A wholesale takeover of medicine.
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Pat Gray
Chasing embers is out now. Get it@gledback.com or wherever books are sold.
Glenn Beck
Welcome to the Glenbeck 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 headspace right now.
The news that is coming out is really, really dark and we're getting closer to something, and I don't think we're going to like it. The dow is way down. Japan was almost wiped out, 12.5%. 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 into this story a little later on in the program, but it is, it's rage bait that is going on.
And 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 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 Butrill 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 Buttrill
Hey, Glenn, how 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 that there is going to be a response.
Pretty much everyone expects it. It sounds like the israeli intelligence and military 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's 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 go ahead and say that I do believe this is going to be a regional war with multiple people, countries involved, and it's going to mirror the regional war that's already going on in eastern Europe. And that sounds kind of interesting, doesn't it, Glenn? Regional wars breaking out everywhere, and we're expected to respond to every single one of them. How's that supposed to happen?
Glenn Beck
Okay, so the Mediterranean is the 6th Fleet, right?
Jason Buttrill
That's correct. I don't remember that.
Glenn Beck
I think it's the 6th fleet. You know, I'm sorry if I'm mistaken, but what I want to know is, is this carrier group that's going out in addition to what we usually send in the 6th Fleet, that's always there. Is this, is this a replacement or is this an addition? Because that's a huge addition, I'm fairly.
Jason Buttrill
Positive, but I'm going to double check that this is in addition to what's already going out there.
Glenn Beck
There.
Jason Buttrill
It's already.
Glenn Beck
It's pretty significant, isn't it?
Jason Buttrill
Yeah, it's significant.
Glenn Beck
Bull carrier battle group.
Jason Buttrill
Yeah.
And it's especially significant when you think about all the different theaters that we're guarding against right now. And I got to tell you, Glenn, looking at the state of the economy, looking at our adversaries, what they're trying to do with the economy, with organizations like BRICS, they're also the same people that are opposing us in eastern Europe right now. You've got, can I say it?
Glenn Beck
And Israel.
Jason Buttrill
And Israel. Can I say it? Cascading protest movements that are going all the way through Europe and heading towards our own doorstep. I mean.
Glenn Beck
Huh.
Jason Buttrill
Yeah, right.
Glenn Beck
Did I read that? And then what the bread is after that?
Jason Buttrill
Is that where it was?
Glenn Beck
Yeah, yeah, that's where I think I got it. Yeah, sure. And then after it cascades, it comes to the United States and all of our enemies look at the west and say, now, now. And that's exactly what's happening. If you look at what's happening in the Middle east with the Houthis, those are funded by Iran.
But now who's just been spotted on the ground and been announcing that they are providing military advice, at least that's Russia. Russia is now assisting the Houthis. So this is becoming a global war, whether we like it or not. It will.
Jason Buttrill
Yeah. When everyone that always analyzes this, they always say, oh, Brics will never, you know, out, you know, dominated the dollar you know, as the global reserve comes, they'll never do it. You know, they'll never challenge the United States. One on one, blah, blah. You know, we, you know, the United States is too powerful. Agreed, one on one. But that's not what's being built here. I got to tell you, when I was looking at all this information altogether and some I kept thinking about, you know, the Paul, the famous Paul Harvey monologue. You know, if I were the devil, what would I do to make change? And I'm not saying they're the devil, but I am saying that look at everything together and connect all the dots. Who were the players 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 ignited 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 Beck
I will tell you the what. What happens if it's world War two, America wins. Because World War two, America was united, 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.
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 raped? 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 sowing 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 in trouble. Unless somebody stands up and says, you know what? I'm going to open up all the books on this.
I mean, the arguments that I'm hearing now that Kamala is just so great when this whole thing has been undemocratic from the beginning and nobody's 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 and hotels on the east side highway, 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. 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 believe, 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, you know, they've just been trained. Trump bad.
And, 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, you know, the swastika carved in his forehead, but he's not telling everybody to hang banners on off of every building. You know, hello.
So they give you the worst possible look at somebody and somebody who actually loves America.
And here we stand with everything in open flame.
Jason, what are you expecting to happen today, either in England? Do you agree with Elon Musk that he says civil war is inevitable in England?
Jason Buttrill
Well, I mean, you gotta think that. I mean, what is happening in England, I feel like, could be copied in multiple different western countries because the behavior is exactly the same about the non transparency. Let's just look at that for just a second and how that fuels this. If you look on any major mainstream outlet over in Europe or here, all you see is the same headline, far.
Glenn Beck
Right, protests or rioters. You know, truth is, you know, based off of misinformation, you know, like misinformation, disinformation or malinformation from social media.
Jason Buttrill
Right. And then they won't even talk about, you know, the person that did this attack. They'll say, oh, but it's not an immigrant. Well, we know his parents are from Rwanda. Well, we know that. Were they illegal? Did they talk about that at all? Because I guarantee you that the people that are out protesting in the street, the point is exactly the same. Like this is a crisis of the government's creation.
Glenn Beck
But I think you are, I think you are giving too much credit to. Look, they can be completely wrong.
These people were from Rwanda. Maybe they came there legally and they've been great citizens and their kid is a great citizen. Listen, 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. Yeah, 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, back in just a second. 1st, let me tell you about Simplisafe. Simplisafe recently got a letter from a disabled veteran suffering from severe PTSD. He wanted them to know that because of the peace of mind he has from having Simplisafe's advanced security technology and monitoring in his home, that he's actually getting good sleep and avoiding the nightmares he's had for over a decade.
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You're listening to the Glenn Beck program.
This is the Glenn Beck program back with Jason Batrilla. Jason, the, the worst case scenario in Iran, they say this one is this attack is going to be unexpected and unlike anything the world has seen. They said it's a new something. I don't remember exactly how they said it, but it reminded me of one thing. I'd like to get your opinion. What do you think's coming?
Jason Buttrill
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 from that can be launched from like artillery or drones or rockets as well to knock out.
Glenn Beck
Because Israel's movies, you know, they have that.
Jason Buttrill
Well, I mean, we don't know for a fact, but Hezbollah has claimed that they have gotten them, so that would not surprise me at all. Those weapons have been around since probably the eighties, so we know they're out there. They just are rarely used. I think we use them in Kosovo, so 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 herself, and then with all of their electronic superiority knocked out.
Yeah, we're looking at a much different battlefield for sure.
Glenn Beck
I will tell you, I think I was thinking about this this weekend. I, that I think we're in the same place we were at the end of World War one and the end of World War two. New things are being, or at the beginning of World War two, 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 are a thing of the past in warfare. I think we could be overwhelmed quickly, and I think China, for one, knows that. The Glenn Beck program, I want to talk to you about american giant. Between now and when you vote in November, you can also cast your vote with your wallet. When you purchase products made in America by american giant, when you buy american giant clothing, you're casting a vote for american manufacturing, for american workers for american quality. We have to make more things here. We must. Expecting the chinese government to play fair is silly. To have them make everything for us when we know they're our enemies is insanity.
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Welcome to the fusion of entertainment, entertainment and enlightenment.
This is the Glenn Beck program.
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'll go there with Carol Roth in just about 60 seconds.
Speaking of the economy, it is. It's just, it's crimes of mismanagement. At this point it is impossible to keep track of everything that they are doing that is just absolutely suicidal. But you can draw a chalk outline around the us dollar and set up the police tape. There's been a murder here maybe after this next election, things can start to get better. Nobody hopes that that will happen 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 nosedive and become strong men.
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All right. Carol Roth, welcome to the program.
Carol Roth
Glenn, you have to promise me that one day you'll bring me on here to talk about good news. We'll talk about ice cream. We'll talk about puppy dog. I feel like your audience, every time they see me, like, oh, no, Carol, Ralph is back again.
Glenn Beck
I know. I tell you, Carol, I was just thinking the same thing. We never talk when it's good times.
The stock market.
Now 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 Roth
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 up with them.
And there's, I think there was an awakening that, oh, in order for AI to be a thesis, companies are going to actually have to spend a lot of money. And that started kind of things a few weeks ago, moving. Then in the middle of last week, we had the Fed, who did not rate or, 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, ok, the market wants the Fed to cut rates, but what happened is then we got a weak job report on Friday. And while sometimes, you know, the bad news can be good news for the market, in this case they took it as bad news that the potentially the Fed was behind the curve in terms of lowering rates and that, you know, that they felt like maybe this whole idea of a quote unquote soft landing, the idea that you can get the economy and 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 their normalization is going in the other direction. They've been trying to raise rates. They did that. So for 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 unfortunately, 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, you know, yet 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 begins. Begets more margin calls. So you saw the Japanese Nikkei go down twelve 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. There's anticipation of, you know, do we get, you know, how much blowback do we get? Especially since we had seen some weakness last week.
And, you know, obviously things are going to shift during the trading day as we talk about here. So this is kind of real time. But the market opened up, down pretty significantly, depending on the index, somewhere between three and almost 5%. And we have seen that come off a little bit as we're talking real time. I think that is, if there's any silver lining here, it's not that it opened and then it continued to fall, continue to fall. There was a little bit of, bit of support there. But still, you know, as we're talking, we're still seeing the Dow down almost 3%, the Nasdaq down almost 4%. So it is definitely an ugly day across the market.
Glenn Beck
So how much of this has to do with technology? I mean, Nvidia, which was the darling, just, I don't know, a month ago, everybody's like, oh, God, I got Navaria. And maybe that's, you know, that's greed talking. And that's why you shouldn't buy Nvidia when everyone is saying, but they, they're down almost 10% today. That's down 23% from their high. I think like a month ago, artificial intelligence stocks are down, Tesla is down, super micro computer down 9%.
There is this just everybody down. And, and why are the tech stocks down? Were they just too high, do you know?
Carol Roth
Yeah. So this is a bit of a repricing in tech, and let's put this in perspective. So the Nasdaq, which is very tech heavy, is sort of a good proxy for what's going on in the tech market. The 52 week range, the low point of 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. 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 we see this over exuberance in tech all the time. First it was web three and Internet of things and the metaverse, and now it's AI. And all of those theses have eventually come back down to reality. I'm not sure we're in reality yet, but 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 side. And as companies are coming out and talking about, oh, here's how much capital we're going to have to deploy in order for this AI thesis to really work out the way that it has. I think the market went okay, maybe we're not pricing this correctly, so I think that's part of it. Another catalyst that we've seen is Warren Buffett noted that he had lessened his position in Apple by about 49%.
Glenn Beck
And obviously, that's not lessening.
That's not lessening. That's, that's cutting it in half. That's significant.
Carol Roth
Cutting it in half.
Glenn Beck
What does, and he's doing this with a lot of his holdings, if I, 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, what does he know that we don't know?
Carol Roth
Again, this is a good question, and it's funny that we're having this discussion today, because if you go through his shareholder letter, you know, his other, one of his other really big bets that he talks about in the shareholder letter is starting in 2019, he, he doubled down on Japan. So 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 Buffett was not a catalyst for both of those things because he's still, as far as we know, still bullish on the japanese trade. But it is interesting. I mean, 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 as an investor, do 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 so frothy. 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 that 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, you know, given the fact that he is lauded as the best investor of all time when he does things, people have concern.
And the fact that, you know, whether it's bank of America or it's apple or some of his other positions, as 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.
Glenn Beck
All right, so two things that are protection against these have gone down, and you would think that they should have gone up. But my guess is gold and bitcoin have both gone down. Gold just a little bit, and bitcoin about $10,000.
And I'm guessing that's because when the market crashes, people with portfolios that have taken out money and borrowed money to buy it, they get a margin call and they got to sell something.
So it's a good time to buy bitcoin and gold, I would imagine.
Carol Roth
Yeah, that's my thesis as well as that you would think, particularly as the yields on the ten year are coming down, that you would see gold going up. And certainly gold has also been on quite a run for some time. But I have that same, same feeling that in this insanity when you're getting these margin calls because everything else is kind of falling apart, you're looking at what it is in your portfolio that you can sell and a likely scenario is something that has done well for you that maybe you feel okay taking some profits on. So that could be gold, that could be bitcoin and the like. Something else that may weigh in just a tiny bit is that we've seen China also pause its gold purchases.
China, biggest buyer of gold for 2023. They took a pause in May and June, although they have signaled that they are going to continue to buy. But just based on pricing, they wanted to see where the price was going to settle out. That's at least the buzz around their thinking.
Glenn Beck
I've, I understood that they were, did not stop, that they said they were stopping, but they actually were still buying it. That's what I read this weekend. Did you read that?
Carol Roth
So, you know, I'm going off of the World Gold Council.
So, you know, it is certainly possible that we, that they could still be purchasing it, but that was sort of there. And again, this is, you have to remember the timing difference is that there, the report reports are for May and June. We also had July. So it could be that July that they picked back up again. So all these things could be weighing in a little bit. But again, I'm going to look at my screen right now because I'm trying to get all this real time. You still have gold up well over the 2400 level. I remember last year, Glenn, when we're like, oh, is gold going to break 2000? We think that it is. And now here we are talking about it at the levels of 2400 or 2500.
But I think if we take a step back and think about the implications of what this could mean, if we're talking about whether it's with the indications coming from the jobs report and the Fed that there might be some cracks in the economy, if there is continued weakness in the market, there ends up being a bit of a self fulfilling prophecy. There's something called the wealth effect. And when people's portfolios are doing really well, they feel confident to make more purchases and to go out and spend. And when they come back down, even though we're still, they've still done quite well and they're still ahead, they start feeling, wow, maybe I don't have this bandwidth. The people who've had assets are the ones who've been keeping the consumer spending afloat. So if those people all of a sudden feel like, I don't know if I should be, you know, spending the same way that I have. That could impact the economy.
Then what does that mean? Well, then you have, if the economy's down and stock market's down, you have fewer receipts for the federal government, who is still planning to run this year a $2 trillion deficit, which means that deficit could increase both from a nominal value standpoint as well as a percentage of GDP.
And that, in and of itself could lead to more debt monetization and to more inflation. So, you know, you have to kind of play this out. Yeah, I know we're getting a little wonky here.
Glenn Beck
No, no, no, no. It's not that at all. I just have to take a break, and I want to. I want to ask you one more question before you go. So let me ask it now, and then get your answer on the other side, where it looks like the Russians are involved in the Houthis, things are going unstable in the Middle East.
Iran is looking at hitting Israel. The speculation is it could happen by tonight.
We have all of that stuff going on and then a new possible Harris administration.
What does that mean to the economy? What would that look like? We'll talk to you in just a second. Give me 60 seconds. Back with Carol Roth. Larissa wrote in about her experience with relief factor. She said, I started taking relief factor for a couple of months. Months.
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Okay, so we have war on the horizon. In the Middle east and oil has gone down. That means that most people who are betting on oil think that the, there's going to be less need for it because the economy is going to be going down.
And then we have a possible Harris administration, the most liberal woman to ever be close to the Oval Office. She was the most liberal senator in the history of the United States, and she could be our next president.
What would that mean to our economy?
Carol Roth
Carol, so you're back with me. Okay. So I think that whoever the president may be, they're going to have an awfully challenging time. And the signal was floated. I think we talked about this, Glenn, a few weeks ago by these, quote, unquote, very famous economists who said that a Trump administration would cause an inflation bomb. And I think the reason they said that is because they know that one is likely coming either way, way, again, based on the debt deficits and that we see it a decrease in the market in the economy that could end up making that worse. So they're setting the table that things are going, aren't going to go well. And to the extent that Donald Trump wins, they want to be able to say, I told you so. So that is a signal to me that there is concern either way. I think that when you're in a time where things are, you know, kind of, kind of chugging along, the market's going to do what the market's going to do. It's sort of disconnected from the economy.
But given the fact that we are now late in the game, that we've kind of had several years of these rate hikes and the like and things that are trying to get back to normal have very different benchmarks after 15 years of zero interest rate policy, after the COVID mandate, after all of the insane Biden administration mandates and decisions that they've made, the fact that you have a new puppet in there, you still have the same puppet masters, you still have the same people behind Kamala that you do behind Joe. And now they feel like, okay, we have more time to be able to affect these insane policies. And whether it's desperation because they potentially are taking in less revenue, getting, you know, less from the stock market, trying to do more capital gains, there's nothing that they're going to do that is going to end up benefiting the economy or main Street Americans.
Glenn Beck
Carol Roth, as always, thank you so much. Appreciate it.
Carol Roth, the author of you will own nothing.
She's a former investment banker, and you can follow her@carolroth.com. dot slash News carrollroth.com News Glenn Beck sometimes having your personal information stolen is kind of a little bit on you, like when some nigerian prince emails you asking for your bank account information. You probably shouldn't, shouldn't do that. Okay? And I'm going to go out on a limb. No, probably you shouldn't do that. Other times, all it takes is a data breach, and you probably don't even know it's happening until you find out, until it's too late. This is why you need lifelock. It's important to understand how cybercrime and identity theft are affecting you.
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Glenn Beck
On October 7, Hirsch Goldberg, Poland was kidnapped by Hamas, taken into Gaza on October 7. And it wasn't until day 02:01 that his parents had proof of life.
That's when Hamas released a hostage video of her son. He was pale.
He looked agitated. He appeared to have bruises on his forehead. And he, and he gestured with the stump of his left arm, which was blown off in the October 7 attack.
You imagine seeing your child like that the first time after 201 days.
Since this time, Rachel has really become kind of the face of the hostage crisis. She has spoken twice at the United nations. She's met with dozens of world leaders and executives. She's given countless interviews. She had an audience with the pope. And she's now on our program.
Welcome, Rachel Today 304 thank you, Glenn.
Rachel Goldberg-Polin
Thank you so much for having me and giving me the opportunity.
Glenn Beck
Sure.
So we are looking at a day where it is suspected that Iran may strike with some new sort of tactic and get involved that would move this into a regional war.
I know, just speaking as a mom, not a politician or anything else, boy, that has to seem like the worst possible thing.
Rachel Goldberg-Polin
Well, it's as you said. I mean, I'm a mother.
Before 304 days, I was a high school teacher, I'm just a regular person, and now I'm thrust into this alternate universe. And exactly as you said. In addition to the unimaginable misery and anxiety and angst that we are going through because our only son was stolen from us 304 days ago and his dominant arm was blown off in that abduction, now we have what is being said to be an imminent threat of an attack by multiple fronts. So I spent the morning gathering food and water and batteries for a transistor radio and moving things into a room that is our safe room, so that we can be trying to be prepared for what is supposedly an imminent attack that has been said that the targets are going to be civilians.
So I don't know what else to do except I've spent as I have. You know, we happen to be a religious family, and we always pray every day. But today, extra, you know, psalms being said, and preparing ourselves, you know, for what could be a real scary attack.
Glenn Beck
You haven't seen your son or heard from him since day 201. Hundred days plus have gone by, and we don't know where the hostages are.
They're most likely not being held the way they were at the beginning.
Is there any word at all on where these guys are? Is there. I mean, I don't understand why the United States itself doesn't go after at least its american hostages and go in and do it. I mean, we have the capability of doing it. Do we just not have any idea?
Rachel Goldberg-Polin
It's a good question. I, of course, am not privy to that kind of intelligence that the US and Israel either have or don't have. Our understanding is that the remaining 115 hostages are being held underground in the deep labyrinth of the tunnel system that is hundreds and hundreds of miles long underneath Gaza. That is a very tangled, entwined underground highway of sorts.
So what they do know is that the hostages are being held underground. They don't know where because it's such a complicated and complex system. And they are trying to be very careful because they could go in, but the understanding is that they're embedded with the people who stole them and are being used as human shields. And so it's a complicated operation to try to get them out. And remember, you know, these people are not a homogenous group, a monolithic group of people. The remaining 115 hostages hail from 24 different countries, including, as you mentioned, there are eight us citizens, including Hirsch, my son, and they are Christians, Jews, Muslims, Buddhists and Hindus. These are, you know, it's an interfaith. It's really a global humanitarian crisis on the micro.
Glenn Beck
You know, the last time we had a hostage crisis like this in America was 1979 under Jimmy Carter, and that gave birth to Ted Koppel and Nightline. And every day he had a counter on the screen.
I started putting a counter on the screen. I think maybe day three of the this, we're up to three oh four, and I've not seen, I'm not seeing that. It's almost as if these american hostages just don't matter to America. It feels that way. It has to feel that way to you.
Rachel Goldberg-Polin
It's so interesting that you mentioned that, because we have so been grateful for your advocacy in that specific way. Because what happened with me is that the media kept asking me in the beginning, what day is it? What day is it? And I had a flashback to being a little girl and getting up what I thought was the middle of the night, but it wasn't, because it was probably only 11:00. I had gone to bed probably at 08:00 and I wandered into our tv room, and my father was watching tv, and there was a number on the screen, and a man with a big head of hair was talking. And I said to my dad, what's that number? And who's that man? And he said, that's Ted Koppel. And that number is the amount of days that there have been people who've been held hostage. And I asked him, what does hostage mean? And I remember it. I remember my father explaining it to me in 1979, and I was eight years old, and it has stayed with me. And so on day 26, I said, you know what? I'm becoming Ted Koppel. And I started to put a piece of masking tape that I would write the number in a magic marker and put it above my heart every morning. And I'm wearing it right now as I talk to you. Number 304. And every time someone asks me about my number or when I travel, people will say, oh, you forgot your dry cleaning sticker on your sweater. Or people ask, what's that number? And I said, it's sort of like my name tag. My identity is this number. My name changed. And every day it changes. And today my name is 304. And I am so appreciative, the hostage families are so appreciative to you for doing that, because to my understanding, I think you are the only one in the media who is making an effort always to publicize that number.
And I think that the american public is just not knowledgeable about the fact that those original 251 hostages, twelve of them, were us citizens. What also, a lot of Americans don't realize is that on October 7, 45 us citizens were murdered.
This is not something that just happened in some random place to other people. This was also an attack on America. 45 us citizens were killed. Twelve were dragged away across the border. Eight are still being held hostage. It's really something that for whatever reason, the american public is not knowledgeable about it, and Americans don't. I mean, we stand for liberty and freedom and dignity, and something we abhor is the idea of people stealing people, let alone us citizens.
Glenn Beck
I don't know if it's the american people or if it's the media.
Too many Americans are led by the mainstream media. They care about gas prices. When the media tells them to care about gas prices, or at least they get vocal about it. They see it, they know it, but they get vocal about it.
And I think the same may be true with the hostage situation. There is no one monitoring this, no one questioning all the time, how are they, what progress have we made? What are we, what are we doing? Instead, we're focused on Palestinians in our streets rioting, setting things on fire, and saying just 1930s horror show lines in here in America.
And then I guess we have a debate on whether that's good or bad. And I don't understand what's happening with any of it, quite frankly. This is not the America that I recognize, not the America that we should be and can be when we follow our Declaration of Independence.
Rachel Goldberg-Polin
Rachel, I agree with you. You know, it's very interesting that John Andresis, the well known singer, is actually really pushing for an initiative to go back to the yellow ribbon movement of the late seventies, of tying a yellow ribbon around the old oak tree to really do some serious advocacy for this issue and specifically for the us hostages. I do agree with you that I don't need to tell you that the media is often just a game. It's theater.
We feel that we are pawns in this game. I feel my son and all of those hostages, we are fodder for this theater that's going on. We did not ask to be cast in this. We did not ask to be extras. And we are. And you're right. What the media decides is a story is what most americans think is the news, and they think that is the story. And unfortunately for these hostages, this, for whatever reason, and I don't really want to dive in, in my mind, of what could possibly be the reason that we are not advocating for these cherished human beings from all these different religions and all these different nationalities.
Why aren't we advocating for them? Why isn't that the story?
Glenn Beck
Very good question. Rachel, thank you so much for being on. Our prayers are with you, your family, and, of course, Hirsch. Thank you. God bless you.
Rachel Goldberg-Polin
Thank you. Thank you, Glenn. God bless you, too.
Glenn Beck
Rachel Goldberg, Poland.
We should, we should probably get ahold of John Andreshen because that is a good idea.
Why? Why we're not doing it for these Americans.
I don't know. I don't know. But then again, I've got a, I've got a whole sheet of stuff to talk to you about. Maybe if we have time later on in the program of things that make no sense whatsoever. None whatsoever.
All right. Let me tell you about leaf home gutters. Time to clean out the old leaves in the house gutters soon. Yeah. Yeah. You know what that means. Yeah. Time to sell the house and get a new house because I haven't cleaned out the gutters. And, uh, God only knows what's happened to the foundation and everything else. Look, you don't have to worry about cleaning them out anymore. Um, that's kind of old Jamie stuff. I remember when I used to get the letter. Now there's leaf filter from leaf home gutters. Its a filter that your gutters that you put in your gutters. And it helps protect your home from flooding, roof damage, rotting, siding, foundation issues, all of that stuff. Best of all, you never have to think about your gutters again. Protect your home and never clean your gutters out again. With leaffilter, America's number one gutter protection system. Schedule your free inspection and get up to 30% off your entire purchase@leaffilter.com. dot, that's leaffilter.com. glenn Beck, this is the Glenn Beck program.
Well, welcome to the program. We're glad you're here. Nancy Pelosi shared with me, you know, over the weekend, and all of us really about how wonderful Joe Biden really is. Listen to this.
Nancy Pelosi
So he was in a good place to make whatever decision, the top of his game. Such a consequential president of the United States. A Mount Rushmore kind of president of the United States. Want to know what comes next? That he belongs up there on Mount Rushmore. Lincoln and Joe Biden.
But you got Teddy Roosevelt up there, and he's wonderful. I don't say take him down, but you can add Biden.
Glenn Beck
Wow.
She's actually, though, probably pretty, right? He is consequential. People just don't recognize it yet. Beginning next year, you're really going to.
Pat Gray
Feel it in a very bad way. He's consequential.
Glenn Beck
Yes.
Pat Gray
Kind of weird, though, because. Because Nancy Pelosi is the one that forced him out. She was just asked about that, and here's what she said.
Nancy Pelosi
There have been reports that it was Nancy Pelosi who orchestrated a coordinated effort to squeeze President Biden to drop out.
Please tell us what you told President Biden to persuade him to step aside. Well, I've never come. I've never shared any conversations with the president of the United States publicly. No, sure. It said that. He's furious at you.
Is he? Well, he knows that I love him very much. I understand that you don't want to own this, but it is so well reported that you were the leader of a pressure campaign.
No, I wasn't a leader of any pressure party. Well, let me say things that I didn't do. I didn't call one person.
I did not call one person. I could always say to him, I never called anybody.
She texted, emailed, confident that the president would make the proper choice for our country, whatever that would be. And I said that whatever that is will go with. Had you seen a decline in Joe Biden, and did you think he needed to step aside?
No, my whole point was, oh, my gosh, whatever he decides. But we have to have a more aggressive campaign.
Pat Gray
Whatever he decides, as long as it's what I want him to do.
Glenn Beck
Yeah, but we have to have a more aggressive campaign. It can't be you, Joe. But whatever you decide, I'm behind 100%. Except it can't be you.
What a pile of crap. That's a coup. Yeah, that is a coup against the president.
Cause it's all just about politics. She just said it there. If he was in decline, you go to him and you say, hey, you're in decline. 25th amendment. But if she actually means he isn't in decline, then this was a coup.
The Glenn Beck pro over 25 years ago. On September 29, 1998, we watched a brainy girl with curly hair drop everything to follow a guy she only kind of knew all the way to college. And so began Felicity. My name is Juliette Lippmann, and I'm a Felicity superfan. Join me, Amanda Foreman, who you may know better as Megan, the roommate, and Greg Grunberg, who you may also know as Sean Blundberg. As the three of us, revisit our favorite moments from the show and talk to the people who help shape it.
Carol Roth
Listen to dear Felicity on Spotify or.
Glenn Beck
Wherever you get your podcasts.
Stand up strength.
It's a new day. I turn around.
Welcome to the fusion of entertainment and enlightenment.
This is the Glenn Beck program.
Hello, America. If you are a member of Lifetime fitness, there's something you should know about, and I want to introduce you to somebody who's doing something about it. Next in 60 seconds. Have you ever noticed that if you do a job right the first time, you don't have all that irritating hassle of having to do it over and over again? You know, because you did it the wrong way the first time.
Yeah. Okay, grandpa, shut up. Okay, that's. My grandfather used to always say it and it was, I mean, it was always so maddening because it was absolutely true. And I, you know, you gotta go back and pick those berries again in that row. What have you been doing? I picked the berries.
No, you didn't do it right the first time.
Learn from that and do it right the first time. Especially if you're trying to buy or sell a home. You need a great real estate agent. You need somebody who's at the top of the line when it comes to real estate agents. You need somebody who has the best business practices, they have the best marketing for your house, and the best plan for you. A number of years ago, I formed a company. It's called real estate agents I trust, and it exists as a free service to you to make sure that you get the job done right the first time. Real estate agents I trust, they pair you with the best real estate agent in your area, someone who knows the best practices, somebody who understands the crazy housing market, somebody who's a team leader and a closer. So if you're thinking about buying a home or selling your home, get in touch with real estate agentsitrust.com realestate agentsitrust.com dot so I want to read this. This is from a man, a biological man, who claims to be a woman. He says, sounds like I caused quite a commotion at the gym by being trans in the ladies locker room yesterday.
A woman very Karen, confronted me in the locker room this morning, say it was inappropriate for me to be in there. I answered every challenge when she eventually accused me of having parts with little girls, being around when reality is, is that nobody is ever naked in there and neither am I. So I immediately went to the GM and I had a conversation about the club's policies to make sure I was supported. That's when I learned they fielded a bunch of calls from the previous day, which was leading to a multi club meeting to figure out what to do. Net net the club is now on my side and will attempt to educate their membership. I am so sick and tired of being educated.
I may be a self educated man, but I believe I am now officially smarter than you with a better education than you. Because you cannot understand science.
No matter what you say, it doesn't make you a woman.
So you and your minions and all of the people who are so woke, you can go ahead and try to educate me all you want.
You're a dude.
And dudes shouldn't be in the female locker. You know why?
Because it has the word female on that door, male on the other door, and you only belong in the male locker room.
Now, this is really a problem because lifetime lifetime fitness is, you know, a lot of moms go to lifetime fitness because they have, you know, people there that can watch your kids. Well, I don't trust my kid. My wife wouldn't trust our little kids in a place where they. They can't tell the difference between a man and a woman.
No.
And I don't trust that you can find the difference between a problem problem and a non problem.
Now, the great state of Missouri is doing something about it. Andrew Bailey is with us. He's a Missouri attorney general.
So what's the story? This is what happened in Missouri, Andrew?
Yeah, absolutely.
Andrew Bailey
Thanks for having me on. This is a public safety issue. It's not some academic exercise and diversity. There are real lives at stake here. And there are women who are concerned about their safety and well being and their privacy in this female locker room when there's a male present. And at the end of the day, in the state of Missouri, if that male did not have permission to be in that female space, that's a criminal trespass. Secondly, if the gym gave the male permission to be in the female space, then that gym is liable to the customers that it didn't warn of that they weren't going to have gender excluded restrooms and locker rooms. In other words, the gym has a duty to inform its customers and prospective customers that they're going to allow men into women's restrooms. And if they didn't do that, that's a consumer protection issue. So the state is absolutely taking action. And I agree with you. This is the nadir of depravity. This is as low as our culture could possibly go. And I'm sick of being lectured to by the lenders when I am smart enough to understand objective reality. Gender is an objective reality, and it is unhealthy to deny objective reality, even if you disagree with it in the same way that it would be unhealthy for me to deny the law of gravity and then try to jump across the Grand Canyon. Objective reality exists independently of our minds and is not beholden to the capricious whims and fashion statements of the left.
Glenn Beck
You know, however, I'm wondering if we can get some of these college professors and geeks that are telling us that up is down and down is up. I'm wondering if we could get them to believe that gravity is subjective and you could just jump off the cliff. I mean, I'm just saying, it might be. It might teach the first couple of people a permanent lesson, but maybe the rest of them in line would go, you know what? I think there is something as objective reality. You're right. You're right. We should stop messing with this. It's. It's insanity.
And I think everybody started doing it because they were just, you know, okay, I just want to get along. I don't want to hurt anybody's feeling, but this. Where is anyone standing up for women and children?
All of a sudden, we've just lost. We got. We have women being beaten, you know, in the. In the boxing ring by Mendez. That's crazy. Here's a very safe lifetime fitness facility that, you know, where women trust to go in. They can bring their children. They can be safe, and they don't really care. They're not protecting. They're just being politically correct. So what are you. How are you suing them?
Suing them?
Andrew Bailey
Yeah. We are conducting an investigation from a consumer protection action and have filed subpoenas demanding to know which customers they have or have not informed about these terrible and, you know, misguided policies. But I'll tell you, I've been on this issue from day one. Back in.
Shortly after I became an attorney in 2015, 2016, I prosecuted the leading case in Missouri, where a convicted sex offender was in a women's restroom, disguising his voice as a female. And he wasn't there, you know, to express some diversity viewpoint. He was there to perp on victims and create new victims. And there were women who had gone into that restroom and were concerned and were victimized by his very presence. And so I prosecuted him, and that's now the leading case. And again, informing our local law enforcement and prosecutors that that is the law of the land and that we can use that law to protect women and girls. I think it's really important work that we're doing right now at the attorney general's office to fight back against this kind of knowledge nonsense.
Glenn Beck
You know, I'm reading a letter to the CEO of lifetime Fitness, Baram Crady, and he wrote, Dear Mister Crady, it's come to my attention that lifetime fitness has proudly adopted a policy that permits biological men to use locker rooms designated specifically for women and young girls. Even more concerning is the fact that instead of taking the safety concerns of your gym members seriously, you rudely corrected them and insist they call this biological male by the current pronouns. While it might be considered fashionable in certain corporate boardrooms to pretend that biology is irrelevant, the american heartland still believes in reality. Amen, brother. Missourians recognize that allowing adult men to openly invade and disrobe in spaces set aside for women and young girls is indefensible and places political correctness above public safety. That is why underline, I am putting you on notice that you are under investigation. Investigation in Missouri's leading case. In this issue, which I personally prosecuted, the court confirmed that a male's presence in females public restrooms constitutes criminal trespass. When restrooms are separately designated for males and females, only one is permitted to use the restroom designated for his or her gender. So that is just saying that they have to announce that they're unisex, right?
Andrew Bailey
Yeah, that's right. If they want to, if they want to allow men into women's locker rooms, they have to tell their customers that, and then their customers can decide to take their business elsewhere. And I think we've seen over the past couple of years how that has impacted the marketplace. Look at bud light. Look at target. When they started pushing this radical woke agenda that again, puts women and children at risk. Women and young girls at risk.
The market retaliated, and consumers said, enough. We're not going to put up with it. I think the same thing would happen here.
Glenn Beck
Well, I can't thank you enough. I think this is very good news. My wife and I were talking about it, and she's like, I just signed up for lifetime fitness. And she's like, I'm just about now I'm going to unsign up for lifetime fitness. This is these Minnesota boardrooms bringing this crap down into the rest. I mean, if that's what you want, go ahead. Fine.
All Americans, all women, all families should know that lifetime fitness will put woke policies over the safety. And quite honestly, you're just feelings and sensibilities.
Everybody's worried about everybody's feelings and sensibilities. Well, what about those of us who still believe in actual science? What about us? What about us?
Thank you so much, Andrew. I appreciate it. This is the attorney general of Missouri, Andrew Bailey. God bless you, sir.
Andrew Bailey
Thank you, sir. God bless you and your listeners. Talk soon.
Glenn Beck
Yeah, I got to tell you, Pat, I mean, why is it that they're so open to everybody unless it's like Nancy Pelosi. Nancy Pelosi. You know, whatever Joe wanted to do, but we couldn't have him be the candidate. But whatever he chose, you know, to do, I would support, unless he wanted to stay in the race. I mean, there's no real choice there. There's no real choice.
Pat Gray
And these supposed champions of women and women's rights don't care at all about how women feel about an actual man in their locker room. I never understand that. And it happens almost every day.
Glenn Beck
You can.
You can have a transgender bathroom. You could have. Yes. You can have a. Yeah, you could have a transgender boxing Olympian.
Pat Gray
Right.
Glenn Beck
That is in the transgender Olympics. That's fine. But think of, you know, when that second boxer lost this weekend, I thought.
Think of their dreams as a kid.
They thought they could win a gold medal.
They were in it. They worked hard their whole life, and at the last minute, a guy who has the biological advantage on them completely changes the rules and punches them in the face, and their dream is dead. How many little girls are watching that going, I can't compete.
Pat Gray
Yeah, that's why.
Glenn Beck
That's why we have the girls league at the first place, because little girls were told, you can't have. You can't compete, so you can't play the sport.
That's why we developed a girls league, so everybody could have a shot. And now it's just men. It'll just be dominated by men again.
Pat Gray
Yeah. And. And the rule that was set up in 1972 for women in this country for collegiate sports, title nine, even that is, has really been tossed out the window for transgenders.
With. With the Biden administration insisting that. That trans women be allowed into women's sports. How. How can you uphold title nine, which is all about women's sports, and then allow men in the women's sport?
Glenn Beck
Because they say that they are now officially women.
Pat Gray
Yeah.
Glenn Beck
You choose to be a woman. That is so insulting.
Pat Gray
It is.
Glenn Beck
It is so insulting.
Pat Gray
It is.
If you got a noodle, for my money, you're not. You're not a woman. Any noodle is disqualification for women's sports.
Glenn Beck
Really?
Pat Gray
I'm a little picky.
Glenn Beck
If you're not noodle. Wait, wait, wait, wait. If you're noodle less. So, in other words, you had a noodle, but.
Pat Gray
But you removed the noodle. No because there's also something inside of you called chromosomes. And if you still have, you know, the X Y chromosome, it's still a stick. I'm a stickler on that one.
Glenn Beck
It's still a sticker. Really? Really?
Pat Gray
Yep.
Glenn Beck
Why? He doesn't have a noodle. I thought it was a noodle problem.
Pat Gray
Well, it's a noodle and a chromosome problem.
Glenn Beck
Okay, so. Cause you might have, what you're saying is you might have testosterone. You might. Yeah. You might have bigger muscle mass.
Pat Gray
Right.
Glenn Beck
Etcetera, bone structure.
Pat Gray
I hear all of the hand eye coordination, weight to height ratio, a lot of differences.
Glenn Beck
I got you biggest. Yeah, well, I have you, bigot. Thank you very much. Let me tell you about relief. Let me tell you about relief factor. You know what? That's how you have to handle it, too. Just. Just blow it off. Just whatever. Because you're right.
You're right. Science has proved you right.
This isn't a religious thing. This is science.
And when you're taking a shot against me, you're taking a shot against science. I just want to say that to you.
So what's, what's keeping you from hopping out of bed in the morning with spring in your step, ready to take on the day? Man, I just feel great.
Could it be that you're not getting a good night's sleep?
And when you do finally drop off, do you sleep like crap? Because that's happened to me. Oh. In the last few days. Why?
Well, I don't. I have no idea. I have no idea. Usually that's when I reach for a z factor. But my wife is gone and she took the z factor with her.
Thank you very much. Z factor. It comes from the makers of relief factor. It's a hundred percent drug free way to help you fall asleep faster, stay asleep better, and sleep longer. Z factor uses a formula of four, all natural ingredients to calm your mind, relax your body, so you can ease into sleep faster and sleep right through the night.
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Pat Gray
How about Ted?
Glenn Beck
Nervous. He's the greatest.
Pat Gray
Yeah. Tad Nervous.
Glenn Beck
Yeah.
Pat Gray
And I was amazed at the jobs report on Friday that came out and somehow, wow.
She found a way to blame Donald Trump for it, which is unbelievable.
Glenn Beck
You know, I read that headline. I didn't hear it. Do we happen to have that audio clip or can you just tell me what, how did she get to Donald Trump?
Pat Gray
Well, she just jumped there. I mean, there's really no dot connecting at all here. They've been saying for three and a half years, yeah, we've created 15 million jobs. It's the greatest jobs economy since Herbert Hoover and all that kind of nonsense.
And then all of a sudden, wait, we had one down report and now it's Donald Trump's fault? How did that happen? How do you have it both ways on everything?
She, but her office released this statement. Donald Trump failed Americans as president, costing our economy millions of jobs and bringing us to the brink of recession. Now he's promising even more damage with the project 2025 agenda that will decimate the middle class and increase taxes on working families while ripping away health care, raising prescription drug costs, and cutting Social Security and Medicare. It's, it's one lie after another here. Donald Trump doesn't support any of it, including project 25. He's, he's backed away completely from project 25.
Glenn Beck
Well, he wasn't in project 2025.
Pat Gray
No, he wasn't. He was.
Glenn Beck
Project 25 is a separate thing.
Pat Gray
That heritage foundation.
Glenn Beck
Yeah. And it is given to whoever wins. Hey there. These are some ideas. These are some people that might help.
Pat Gray
Right.
Glenn Beck
So it was never something that was part of his campaign. It's all, the media is so crazy.
Pat Gray
It's incredible and so bad. They don't get called on this stuff ever. Who is saying in Donald Trump's camp he's going to increase taxes on anyone?
Who says that they're going to cut Social Security and Medicare? Nobody ever says that. It would be the death nail of them politically. Nobody ever says, speaker one.
Glenn Beck
He's not even cons. He's not even considering it.
Pat Gray
No, absolutely not.
Glenn Beck
Even agenda 2025 doesn't have a cut to Social Security.
Even in that devil's program. There's nothing. Nothing. It, you know, I went to Los Angeles this weekend and maybe it was just the whole vibe of the place. I just couldn't take it because I just, I just looked at all of these people and I went, you are all so blind. You have no idea what is coming your way. You have no, you have been lied to over and over and over again.
Everything that you have done to this great state, you're about to do a thousand fold over to the United States.
Pat Gray
And don't they see the evidence of that on their sidewalks and their streets with the tent cities everywhere? Don't they understand this is what you're doing?
Glenn Beck
No, honestly, I really think it is just.
Yeah, but Donald Trump, yeah, this is bad, but Donald Trump is going to.
Going to turn the lights out. We are done as a nation. As much as I'm convinced that Kamala Harris will be the last president in a free election in America, they are convinced that Donald Trump is the very end.
And, you know, I at least look at it as, you know, because I have faith in God. Well, if she wins, that's not going to be good. We're not going to like it. A lot of trouble going to happen. But God will use it in his own way and we'll learn from it. And somehow or another, we'll end up off better. But they don't look at it that way.
Glenn Beck, our, our sponsor this half hour is pre born.
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Pat Gray
Check out my show Pac Ray unleashed every weekday, seven and nine, live, eastern, or anytime, anywhere you get your podcasts.
Glenn Beck
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Welcome to the Glenn Beck program. I want to talk to you about a guy named Michael Murphy.
He is a Kansas state representative. He is a guy who, when he heard about Esggest, he was ahead of everybody else. Back in 2022, he introduced his first anti ESG bill. Then he came back in 23 with even a more comprehensive bill.
And the Kansas bankers, you know, all five. I mean, this is the fight against. This is David and Goliath always. It's the same in every state.
They passed part of that bill that protected state retirement and investments and state contracts. So it can't have anything to do with ESG.
The House majority leader is promising now they're going to do more next year. But. Michael Murphy is a retired airline captain with United Airlines. Married 43 years, four children, 14 grandchildren. He has a small farm and a ranch in south central Kansas. He's a guy who Thomas Jefferson would have liked because he works. He has his hands in the dirt.
And he joins us now. He's running for Kansas State Senate, and it is very close, and the election is tomorrow. The voting has already started, but this is a primary for the Senate seat. And if the other guy gets it, it could mean the end of all anti ESG legislation.
Kansas, very bad, in case you don't know. Michael, welcome to the program. How are you, sir?
Michael Murphy
Thank you, Glenn. I'm great.
Glenn Beck
So tell me the main difference between you and your challenger.
Michael Murphy
The main difference is I'm a guy for the people grassroots. I have spent my entire four years doing things to try to help the grassroots. And of course, the whatever that comes at odds with big business, then I end up with a fight on my hands, such as the DSG issue. I also was pushing for some gold and silver legislation, which also would help get people an option in case we have a. Wow, I can't imagine that we would have any problem with our economy coming up. But just in case, right?
Glenn Beck
Dollars. Fine. It'll never lose its world reserve curve status.
Michael Murphy
No, no, no.
Glenn Beck
What was your gold and silver? That. That it could be legal tender in Kansas.
Michael Murphy
Legal legal tender and a state depository and transactional.
So.
Glenn Beck
Oh, my gosh. Fantastic.
Michael Murphy
Yeah. The technology exists now to where the state could have a depository, people could put their gold and silver in there, and the state could put it in as well. Then you use a debit card and spend it. You can buy any amount of gold to put in there, $5, $5 million, whatever. And same thing you can buy groceries, gas, whatever, with it. And the other thing is, is in the event of a problem down the road, article one, section ten, allows states to have their own currency as long as it's gold or silver based. So this was sort of a long term lookout, protect the people kind of.
Glenn Beck
Right.
Does it have to be on a credit card? I mean, can you actually have physical possession? I mean, because the state could just track your credit card. And then it becomes kind of.
Michael Murphy
Yeah, it is. The thing is, this makes it easy to use because, you know, if you buy gold and you've got it, your safe or under your bed or wherever you keep it, and then you use it, you've got to go find somebody to sell it, you know, this just makes it easier for that aspect of it. And you're right. If everything collapses and we lose access to electronics and everything, well, obviously whatever you got physically in hand is what matters.
Glenn Beck
Right. And you also just don't want, you know, that's the problem with the digital currency the government is going to be pushing.
It's currently called the Hamilton and they just control all of the information and you can never physically withdraw your money.
And so that's a, that's a real problem.
So you are, you're a farmer. Been a farmer, a rancher for a long time.
Michael Murphy
Well, it's been, it's been in the family. I, you know, my dad had two brothers. One stayed on the farm, the other two left. You know, went about their, went about their life. And anyway, I always, Kansas was my happy place. I used to come back to Kansas in the summers when I was young and work on the farm. And ultimately I just moved back, you know, back here back in 1990. And I, when I was flying for the airline, I just, I was a commuter. I just commuted. And since I retired, we bought, we bought a small, small farm. And it's mostly, we also have a bed and breakfast. And so most of our farms and animals, everything are tied in with that, you know, for guests to see and experience and stuff like that.
Glenn Beck
Yeah.
So, Michael, the biggest thing facing Kansas that you think you have the answer for?
Michael Murphy
Well, the SG thing, of course, is, has been something, this is something that we, like I said, like you mentioned earlier when I came on with that comprehensive bill, boy, everybody came after me because it was going to protect, you're going to protect the folks. And so what we did is I worked with Senator Thompson on the other side and we actually crafted a bill so that it was only going to go out or prevent, you know, Blackrock and vanguard and Chase Manhattan. Those like that, we exempted, through the size of the business, we exempted all Kansas businesses. But the state chamber and the bankers association still fought us to the nail, which told me, that was my first, that was my wake up call because they're not protecting Kansas.
Glenn Beck
Yeah. I will tell you, the banking association, even the state banking associations, they're so deeply embedded with this and they will just, I mean, I've seen them come out with millions and millions and millions behind a campaign to make sure that's all shut down in any state we've been in. It's quite remarkable. Should tell the lawmakers something when you see that kind of pushback.
Michael Murphy
Well, it should. But, you know, we're a situation. Kansas is like every other state and the capital is just like Washington, DC. You move, you move the commas over, you move the decimal point zeros and stuff like that. The same problem exists.
These big organizations, they run things. They own enough people. And that's what they're attempting to do right here. They're attempting to get their person in. He has a long, long record. He's a big business guy. He's got a long record of donating to the chamber and working with the chamber. And they are backing him as well as other. There's two other big business packs that are backing him. The interesting thing is that I'm being backed by two packs as well.
My packs. One is make Liberty win, whose special interest is the constitution, and the other one is students for life, whose special interest is saving babies.
So nobody, the only thing that happens if I win is people who have more liberty and we have more babies.
And the other way you're going to have more big business. I think that's about as close as I can get to narrowing it down.
Glenn Beck
Michael, thank you so much. We wanted to highlight you as just one of the examples around the country. If, you know, if things go poorly in November, it is going to require states to stand.
And if you don't have the right people, if you have rhinos, if you have people that are, there's nothing wrong with big business. But big business has nothing to do with, with your business. The state, the state house business, it has no place.
It has to be for everyone, and everyone should have equal access. I mean, I don't know how Democrats don't understand this because I think they invented that whole rigmarole there on, you know, equal access. I think that was their thing for forever, but they don't seem to care about that now.
But we have to have fighters in each state.
Michael Murphy
I like to go back and think about, you know, our founders.
There was a big business existed back then called the East India Corporation, and that was the original public private partnership with King George and East India Company. So nothing has really changed. But if I could go in real quick, my website is ilike Mike, the number four ks I like, mikeforkansas.com, put a ton of money of my own in here.
These packs have shut off my normal sources of funding and I've had a tough time getting enough to make ends meet. So if anybody would like to go on there and donate, I'd sure appreciate it.
Glenn Beck
The election is tomorrow. He needs your help right now. I like Mike four, ks.com dot. Thank you, Mike. I appreciate it. Michael Murphy from Kansas.
Michael Murphy
Glenn. Appreciate it.
Glenn Beck
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We'll be right back.
Welcome to the Glenn Beck program. You know, Friday, I thought I was so smart. I was like, you know, hey, wait a minute. You know that word salad thing that Kamala's doing?
You know, where she's like, unburden yourself from what has been.
Wow. You know, I just had this thought, what's the difference between her and Michelle Obama? That kind of sounds socialist. Because if you unburden yourself from everything, like facts and history, you can do everything. I get a note from James Lindsay on Friday and he's like, uh huh. You're exactly right. Here's me explaining this about the go.
Listen to this. Vice President Harris will say repeatedly, what is the quote?
James Lindsay
The quote is that we can see what can be unburdened by what has been.
Glenn Beck
Is that word salad or Marxism?
James Lindsay
It's Marxism that is, in fact, not at all word salad. It is a Marxist, as I said on Twitter the other day and got mocked relentlessly by the media for this. I said it's a marxist incantation. As a matter of fact, it's like a spell. So you can see the possibility of a world that's unburdened from its own history, which is exactly what Mao Zedong did when he launched the campaign of smash the four olds, the four old characteristics of chinese society. They were going to make a new China that was going to be unburdened by what had been in the past of China. This is what the Soviets, the Bolsheviks did when they took over power in Russia, is that they were going to make the new Russia. They're going to make the new man. As a matter of fact, people could become unburdened by what has been so that they could see what could possibly be in the terms of a socialist utopia. So, Madam vice president, when she says that, I assume, given that her father was a Marxist and a professor, I assume she knows what she's saying. And I don't buy her idiot Valley speak shtick one bit. I think she's far more smart, smart and far more savvy than conservatives have given her credit for. And she is an outright Marxist. It is very, very clear in her language. And that's what the Democrats want to nominate for president right now, which is kind of horrifying.
Glenn Beck
Yeah.
Yeah.
Pretty amazing.
Spot on. I don't know how I missed that for so long, but thanks, James. Lindsey, we have an update on possible war with Iran and Israel. Jason?
Jason Buttrill
Yeah, so Hezbollah did start launching a few aerial projectiles from Lebanon over into Israel.
I would suspect the worst scenario here would be that these are probing attacks and that Iran is lining up a larger attack. But this is exactly what you would need, if you want to disguise some newer, to quote them, weapons that they might want to deploy if they do it. I'm talking about electronic weapons.
Glenn Beck
Explain that real quick.
Why would we expect new, newer weapons being used?
Jason Buttrill
I'm basing this solely off the fact that they have threatened these before.
Most recently, they've talked about using them. And that is the only thing to get around the massive advantage that Israel does have. And that's their technological advantage.
Glenn Beck
Right. And so it's like and then they just announce that somebody in the iranian hierarchy said, I think on Friday that it's going to come in a different way and it'll be surprising and new. And Israel should brace themselves because we've got something new and it's something, it's.
Jason Buttrill
Something that we have to look forward to as well because they can't hit countries like us or Israel conventionally anymore. They just can't. So how do they get around it? They employ newer, scarier ways to do that.
Glenn Beck
Yeah. I gotta tell you, I think, you know, I think we're like, you remember, you know, you watched night, the movie 1917, and people brought their horses in and then they met tanks and that was over.
I just have this feeling that we're in that same space now.
Jason Buttrill
Absolutely.
Glenn Beck
With these gigantic aircraft carriers against drones.
Jason Buttrill
Yeah.
Glenn Beck
I mean, I just, it's a, it's going to be a different world and, and we are going to be ancient in its, in fighting whatever's coming our way. Yeah.
Jason Buttrill
I don't, I don't want to push this on anyone to subject you to it, but if you look at combat footage from Russia and Ukraine right now, that is the future of warfare. And it is terrifying. There's drones flying all over the place. They're not showing you this, but there's drones chasing individual people down into trenches, going after people. That is the history of warfare. We are not ready for that at all.
Pat Gray
So chasing them, how? Is it being controlled by somebody? Or does it do it on its own now? Does it have a sensor that follows them around? Is it heat seeking? How does that work?
Jason Buttrill
They are employing more artificial intelligence into these drones, but the ones that I've watched, I mean, there's like, there'll be like a Russian jumping out of a tank after it's been hit.
Pat Gray
Yeah.
Jason Buttrill
And then a drone, it looks like it's piloted, will chase the soldier around any circle around the table and eventually run into the back of him. That can't be.
Pat Gray
That's crazy.
Jason Buttrill
I mean, the Geneva, Geneva convention clearly is not involved in this whatsoever, but.
Pat Gray
Wow.
Glenn Beck
Well, it wasn't, it wasn't for mustard gas the first time it was used either.
Jason Buttrill
Right.
Glenn Beck
I mean, it takes a war. Before you go, hey, let's not do that again.
But God only knows what our weapons are going to be in the next war.
Thank you, Jason. We'll continue to watch that and we'll update you on tomorrow's broadcast. I'm going to run. I'm with Megan Kelly, next on SiriusXM.
Be joining Megan, I don't know. She's going to be ranting about something legal. I'm sure we'll talk to Megan next, and we'll see you tomorrow. God bless the Glenn Beck program.