- The Republican Party’s Pledge was announced today. It has some nice things, but there was not much there that was bold.
- The Democrats plan is to spend more.
- The country’s debt is so great, there will be pain with either Republicans or Democrats. No one in authority is telling the public the truth about the problems ahead.
- The debt situation with the US is similar to that of the Weimar Republic in Germany after WW I.
- They had massive debt and did not have the option to default, the allies wouldn’t let them. We will not have the option to default on our debt either.
- The German government’s solution was to borrow and print money.
- It did not work then, nor did it work at any other time in history.
- Book: “Lords of Finance” describes the Weimar Republic’s problems and their attempts at solving them and what happens. It could be a roadmap of what we will experience.
- The administration is putting in place a structure that would be available to use should the existing system collapse. (In a prior program he noted that the new Consumer Protection Agency is outside the control of Congress. It is inside the Executive Branch and is funded by the Federal Reserve, which is a private company.)
Everyone needs to vote in the November election. You need to decide what is right for you and vote accordingly.
$50 Million for Cookstoves
Hillary Clinton announced a $50 million foreign aid program to buy and distribute cookstoves in Africa.
· Glenn showed a list of some companies that are involved in the program. Companies mentioned were:
o JP Morgan Chase
o Goldman Sachs
o Land Rover
o AB Group
o Merrill Lynch
· One of the goals of the program was to develop a world wide specification for these types of stoves.
· Glenn discussed this program in light of the progressive agenda (unsustainable situation/redistribute wealth/global governance).
o This program is a part of Carbon Credit Trading associated with global warming (hence the company involvement).
o Wealth is transferred, companies involved get carbon credits, and world wide standards for coodstoves are developed.
o Everybody wins but the American taxpayer.
Global Trends 2025
The National Intelligence Council issued it’s “Global Trends 2025” Report. In part it reported…
- The international system in place since World War II will be transformed.
- World’s wealth being transferred basically West to East and will continue.
- New countries will be admitted to senior level positions.
- The world will have an additional billion and a half population.
- Water to become scare (Tell your children to buy property with water rights. Water will become the oil of the future.)
- The report is available at http://www.glennbeck.com/ or direct at: http://www.dni.gov/nic/PDF_2025/2025_Global_Trends_Final_Report.pdf.
Do Your Own Research
Glenn stated that he did not want anyone to just take his word for things. He wants everyone to do their own research and make up their own minds. If possible, original sources are preferred.
Faith Based Propaganda
President Obama recently held a conference call with faith based supporters.
- The purpose of the call was to encourage these faith based opinion leaders to support Obamacare.
- Covered were talking points they could use to discuss with their parishioners.
- Glenn portrayed this as propaganda.
- He also wondered where were the people that were hypersensitive over the separation of church and state.
- He suggested changing places of worship if your pastor/priest/rabbi was part of this program.