Investigating Salahis; Charges Filed in Gladney Case - Part 1
xfdfx BECK-01
<Show: BECK>
<Date: November 30, 2009>
<Time: 17:00>
<Tran: 113001cb.258>
<Type: Show>
<Head: Government Spending Cannot Save Economy; Secret Service
Investigating Salahis; Charges Filed in Gladney Case - Part 1>
<Sect: News; Domestic>
<Byline: Glenn Beck>
<Guest: David Buckner, Mike Flynn, Judge Andrew Napolitano>
<High: "Politico" reports that some ACORN documents found in
trash show that the group considered a name change. Charges have been filed in the
Kenneth Gladney beating case right before the Thanksgiving weekend. The
Secret Service is now investigating how Tareq and Michaele Salahi got into
the state dinner.>
<Spec: ACORN; SEIU; Kenneth Gladney; Tareq Salahi; Michaele
Salahi; Government; Politics; Policies; Lawsuits>
GLENN BECK, HOST: Hello, America, welcome to the program. I'm glad you're back. I'm a little heavier. I know you can't tell, you would have said anything, but I just admit it right now.
I want to talk to you tonight a little bit about the health of our nation. And everybody else is going to talk about health care, that's what they're talking about in Washington.
Here is the only thing you need to know about health care today --real quick in a nutshell: $1 trillion is what they say this is going to cost, right?
Cato Institute just did this -- this is the way it normally works. The government takes money from you, right? They tax you. Then they take that money, and they spend it. And they say, We're going to build a bridge, so they're going to, you know, give it to some corporation to build a bridge that they have chosen, right? Tax and spend.
Health care, tax and spend, $1 trillion. Well, Cato has just found that there is a new game being played and this is how it's only going to cost you only $1 trillion. The government, for the first time, ever, is going to mandate something new. The government is going to mandate that you spend your money at this corporation, with these people. This is adding $3.5 trillion.
But they'll say, No, no, it's not a tax, because it didn't come through us. But yes, they were the one that said you have to spend that amount with these people.
So, right there, it's, what, $4.5 trillion? Cato says it's going to be up to over $6 trillion. That's the pit stop it's making. That's all you need to know about health care.
Now, let me show you the effects of where this is going to take us. Buckle up! It's going to be a bumpy ride today.
(MUSIC)
BECK: Hello, America. How are you? Do you have any arguments with your relatives over the weekend? Yes.
Most people were either arguing or just -- whatever -- and loosening their belt, you know, and sitting back. Most people saw a story that popped up this weekend about Dubai, but you didn't really know what it was about. You didn't really realize because we were, I mean -- seriously, sitting there, you know, at our Thanksgiving tables, and we don't realize that the rest of the world is actually still functioning while we're eating. They were.
Why was the Dubai story such a big deal while we were lapsing into our football comas? It's an important story and I haven't seen anybody on TV explain why it should matter to us. Dubai, in case you don't know, is like Vegas on steroids.
You've seen this hotel like a million times. Cheapest room in that hotel right now, I think is, you know, you're like by the furnace. It's $1,600 a night. It is, I believe, the world's only six-star hotel. I don't know even what that means but it's probably pretty sweet, huh?
This is the country that also built all of the houses in the gulf in the shape of the symbol of Dubai. They created man-made islands. I mean, this is like us. Can you imagine if we built islands in the shape of like a giant eagle in the middle of the Gulf of Mexico? That would be a little over the top, don't you think?
They also have indoor snow skiing in the sizzling heat of the Middle East. These are the only people in the world that make us look Amish.
When our banks were in trouble, this is the country that we came knocking on the door and we said, Hey, guys, we're in trouble. Now, they're going belly up? Aren't they from a region of the world where there's a lot of money?
If they run out of money on their lifestyle, modeled after us, how much more time do we have?
I want to look at Dubai and see what their problems are. Come with me for a second, because this, I find, absolutely fascinating.
First thing, they've got major debt. I mean, you know, you don't build a man-made island in the shape of your logo cheaply. Massive debt. Over-speculation. Who's not going to want to buy a house in the shape of the Dubai symbol? Please! They never thought this market would turn sour.
Then when they were in trouble and everything started to turn, they just kept spending.
They also have problems with domestic energy and now, they need a bailout.
But see, here's the great thing. This isn't Dubai, this is a place I call California. Saturday Night Live makes me so paranoid now, I'm like (INAUDIBLE).
This is where it affects you, because, again, the world market freaked out over Dubai's world problems. I mean, they were like, whoa, whoa, wait a minute.
California is in the same situation. Let's start here. Dubai has $75 billion a year of GDP. California's GDP -- California's GDP is $1.8 trillion every year. California is the 8th largest economy in the world. It's ahead of countries, I mean, like real countries like Italy.
What happens to the world when the rest of the world figures out -- wow, California is going down? When that becomes apparent to the rest of the world, what happens?
Over the weekend, while we were eating, Dubai had this story break and the Dow dropped 155 points before closing three hours early for the Thanksgiving holiday.
Again, California, the 8th largest economy in the world, with a GDP of $1.8 trillion. California now is reportedly up to $130 billion in debt. They're handing out IOUs at tax time. Yes, sorry, we can't pay you the money you put in, but here's an IOU. We're good for it. Really?
They are now proposing new 10 percent taxes. They call 'em forced loans. They're not really taxes, you are going to get the money back, you just -- we're forcing you to give us a loan.
The energy is shut off every other week, because they don't explore and exploit their own energy. Fires rage out of control because they refuse to clear the underbrush. And now, they have just proposed another $11 billion through a bond issue even California's state controller says,
We can't afford more debt.
Dubai should have put the brakes on. California should put the brakes on. America should put the brakes on. You should put the brakes on, but nobody is.
Let me show you the federal deficit. I've shown this to you night after night. Here it is.
The national debt clock -- bring up the U.S. national debt. This is -- this is -- remember, only one set of books: $12 trillion. OK?
Let me show you the unfunded liabilities. Here is the unfunded liabilities: $106 trillion. That's what our children owe, because of the promises that we've made, and we have no money for that. That's $345,000 for every man, woman, and child.
How did we get here? Let me show you a chart of U.S. debt explosion. If you want to look at how we got here -- here, this is 1947. The black line is the government receipts, basically the taxes that they take from you. The red line is what we spend.
This part, this gap, that's debt -- $1 trillion. This line, this was Bush -- this is Obama. It's both of them.
I mean, this is the opposite of putting on the brakes. Government spending is increasing. It's set to increase next year again.
Our public debt today is $12 trillion. By 2018, it is projected to be over $24 trillion. That's according to WhiteHouse.gov and that's if everything goes well -- $24 trillion!
Well, I want you to know, since I brought this up, and I dare talk about accountability. Of course, I'm going to be ridiculed by those in power and everybody who repeats these things. Oh, please! Oh, if you're concerned about spending policies, well, you're concerned about big government saying they're spending like mad men?
Well, I want you to know, if you say those things and believe those things, you're in good company, because people have said the spending in Washington was going to kill us for an awful long time.
I want to show you -- I want to show you this cartoon. I don't know if you -- if you've seen this. Here's a cartoon, a wagon is going. Here is -- here's all the politicians up here, and all of the -- all of the professors that are saying, Yes, all right, let's spend all the money. This is depleting the resources of the soundest government of the world, all the money is falling off.
This guy here is writing, plan of action for the U.S.: spend, spend, spend -- under the guise of recovery, bust the government, blame the capitalists for the failure, and junk the Constitution and declare a dictatorship.
This isn't a crazy tea partygoer. This cartoon comes from 1933, under Roosevelt, when they were trying the same thing, kind of --I'll explain in a second.
When they tried it, everybody is taught in school that it worked, the New Deal was fantastic. Well, let me beg to differ, and I'm going to use Henry Morgenthau. This is a guy who was one of -- one of Roosevelt, Franklin Roosevelt's good friends.
He was the secretary of the treasury during the FDR administration. He was one of the guys who was right there with the New Deal. He helped design it.
He said, and I quote, We are spending more money than we have ever spent before and it does not work. We have never made good on our promises. I say, after eight years of this administration, we have just as much unemployment as when we started, and an enormous debt to boot.
That was in 19-, what, 39, that he said that. An honest one in Washington.
The New Deal didn't work. All the spending didn't work. What worked was a world war. That's what got us out of this mess.
Let's not go down that path again.
At the peak of the government spending during the worst financial crisis in our history, the Great Depression, we only reached -- are you ready for this? How much of our GDP did we actually spend during the Great Depression? Are you ready? Four-point-three percent is what we spent of our GDP. This year, we're going to spend 26 percent. It will be the largest government expansion since the height of the Korean War.
Remember, it's not an Obama problem. Federal spending has been up since 2001 by 57 percent. It's both of them! It's all of government. Obama is just putting his foot on the accelerator.
And you have to ask yourself why? It hasn't -- it didn't work in the 1930s. It's not working in Dubai. It's not working in California. It's not working anywhere.
It's not working in your home. Is it working there? Because it's not working in mine.
It's not working over in Europe, in Greece. It didn't work in Ireland. It didn't work in Iceland. It will not work!
By the way, you probably didn't see what they're not reporting over in Europe, in Greece or in Ireland. There is unrest there. And they're also not reporting the amount of violence.
Let me show you a couple of pictures. Here are some riots. This picture was taken over in Greece less than two weeks ago. I think they are worried about, you know, all those crazy -- these must be tea party members, I think. Oh, they're anti-government.
The same thing is happening in Ireland now. Why? Because the people's money has been squandered by out-of-control politicians who have promised them things they can't do.
The people's future, your children's future is being destroyed by greedy governments that are in bed with big business. The New York times just reported that one out of every eight adults and one out of every four children get at least some of their food from food stamps every day. That is more than 36 million Americans.
Wow, that doesn't sound good. It sounds like we're headed down the road of Ireland or Greece or Iceland, because when you combine no jobs with hunger, and an unresponsive government, you have a recipe for potential disaster. Those kinds of pictures.
So, how do you fix it? Well, history has shown us over and over again, and so has the post office, that the government is not the answer. What do you do? You unleash the people, the entrepreneurs.
If you're wondering how it is that the government can't see that, how they're not going to be able to create new jobs on this new summit that they're doing this week, how they can even be pondering a bigger stimulus package, as they stare at the failure of the first and the second stimulus package right in the face? Well, let me show you. I'm going to show you the number of people who have had jobs in the private sector, outside of the universities. Remember the guys on the back of that, you know, with the university hats? OK.
People who have actually had jobs in the private sector, here it is: Theodore Roosevelt, Wilson -- I hate that guy -- Hoover, FDR, Truman, Kennedy -- Kennedy didn't have a lot of people that had experience, only about 30 percent had experience in the private sector, the rest of 'em were eggheads, OK?
LBJ, Nixon, and lets go to Ford. You'll notice, here comes the next progressive -- you'll notice Kennedy is down and so is Carter. Only about 30 percent were, you know, people that had experience ever working in a business.
Then came Ronald Reagan. Next, George H.W. Bush, then Clinton, down just a little bit, and then we have George Bush. Are you ready? I'm going to show you the guy who's going to -- the guy who is meeting with all the people to create new jobs.
How many people does he have in his -- in his cabinet appointees that have private-sector experience? I think that's going to work out to be a problem. Under 10 percent of his employees have experience in the private sector. Now, hopefully, the coming years are going to get better.
The solutions are never going to come from the government. The government is the problem. Universities, they're not the problem, but they're trying to teach everybody what to think. That's not what universities should do. They teach you how to think, how to find the answer, so you as the entrepreneur, you as the individual, go out into the real world and you think outside of the box.
The entire idea of this country is to build a better mousetrap and people will beat a path for your doorway. Right now, I know that somebody is at home screaming, probably standing there in their underpants, I know! I have the answer!
Great. First, put your pants on, because it makes you look crazy standing there in your underpants screaming -- a safety tip before changing the world. And then you get up and you'd do it.
The individual with the crazy idea in America has always been the one that brought the world the answer, like the light bulb, or the elevator, or even my favorite -- cotton candy.
We have fundamentally changed the world through the power of freedom and the individual. Government cannot do that. They never will. They weren't designed to do that. They're incapable.
We have always been the country of the dreamer, and the underdog. What happened to the underdog? Why are we talking about everybody is too- big-to-fail?
Everybody rushed in to rescue Dubai. Why? They built man-made islands in the shape of their country's logo. Ah, I think they should fail.
We have become a country that no longer cheers for the underdog. We seem to be cheering for the guy who has the giant death star. Stop. Let's root for the cute little ewoks from time to time, will you?
Remember, we're America. Hello. We're for the little guy. At least we used to be, and I, for one, still think we are.
Now, next: what California and the rest of the country must learn from Dubai. Coming up next.
(COMMERCIAL BREAK)
BECK: A lot of people from around the world got upset about Dubai. Most -- actually most people were like, Dubai, why would I even care? Well, because -- well, let me have David Buckner explain. He's an adjunct associate professor at Columbia University.
How are you, David?
DAVID BUCKNER, COLUMBIA UNIVERSITY: Good to see you.
BECK: Good to see you.
OK. Let me just -- let me just go over -- the thing that hit me on Dubai is it's exactly the California story. We have excessive borrowing from the central government, which is Abu Dhabi, right?
BUCKNER: Correct.
BECK: We have it -- California.
BUCKNER: The U.S. government.
BECK: The U.S. government. Commercial center for the United Arab Emirates. We're -- California is 13 percent of the.
BUCKNER: Huge consumption, huge GDP.
BECK: OK. No natural resources in Dubai. We -- California doesn't use their natural.
(CROSSTALK)
BECK: Right. I mean, if they had them, they could bail themselves out.
BUCKNER: Correct.
BECK: If they'd use them, they could bail themselves out.
BUCKNER: Correct.
BECK: OK. Vast real estate speculation -- same thing. Excessive leverage in debt, excessive spending and borrowing -- same thing. Leaders claiming, We didn't do anything wrong -- same over here. Blame the economy, and the debt crisis. They're blaming the economy.
BUCKNER: It's all about It's not our fault.
BECK: Right.
BUCKNER: But you're seeing the exact same parallels and when you're looking at a lot of hubris, a lot of talking about Dubai at $85 billion of debt, California has a $130 billion debt. So, and there's bigger numbers that are being thrown out.
BECK: Right.
BUCKNER: But that -- that's huge component. What is happening in Dubai right now is what's going to be happening in California.
BECK: OK. Here's -- first of all, the Abu Dhabi is going to bail them out, right?
BUCKNER: So they said today.
BECK: OK. We're going to bail out California. We're going to --yes or no?
BUCKNER: We're likely to do it. Whether we do it front door or back door, we're going to.
BECK: We're going to do it.
BUCKNER: You're right.
BECK: We're going to do it.
BUCKNER: Right. Too-big-to-fail.
BECK: Yes. What does that mean?
BUCKNER: Well, it does two things. First of all, the moral hazard. Everybody keeps talking about this. Nobody lets it sink in.
The moral hazard of California saying, Consume, consume, consume, and they're not investing, they are consuming. California is a consumption economy. And their consumption is now being rewarded when they are in the hole by the government bailing them out.
BECK: Right.
BUCKNER: So, who is next? Texas, Arkansas -- I don't know who's going to come next.
BECK: It's not going to be Texas.
BUCKNER: No, no.
(CROSSTALK)
BECK: You've got -- you've got Massachusetts. You have New York. New York is going to be run out.
BUCKNER: Many of those progressive states that are now going to go to the government say, But the big government will backstop us.
BECK: OK. Can I -- can I ask you more of a philosophical question? This is -- because this is what I'm concerned about.
In the cartoon that I showed from 1933, blame capitalism, OK? This is going to be a global thing. Blame capitalism. Here is -- here is Dubai, which, if you bounce a check in Dubai, you go to jail.
BUCKNER: Right.
BECK: There are currently 3,000 cars at the airport from people who are from other parts of the world that just had to leave the country because they're going to go to jail because they are bad on their debts.
BUCKNER: Yes, they're defaulting.
BECK: This country is an anomaly out in the Middle East. It is our lifestyle times 10, correct?
BUCKNER: They have attached a Las Vegas lifestyle to the Middle Eastern approach.
BECK: It is a western -- it will be appeared to the rest of the Middle East and the rest of the world as the decadent western lifestyle that went awry.
BUCKNER: And they want it to fail.
BECK: Because.
BUCKNER: Because 30 percent of the real estate in Dubai is owned by Iran, and what better message to send to the rest of that world and that community than capitalism fails.
BECK: So, I believe we are being painted in the rest of the world, and we have currently an administration that's helping on this, by apologizing for everybody, and not standing by capitalism and instead blaming greed. We are going to be painted as the pariah of the world, because we are the symbol of capitalism. And everybody needs someone to blame.
So, when this spiral -- am I wrong on this?
(CROSSTALK)
BUCKNER: You're right.
BECK: Can you think of a way out?
BUCKNER: Well, the way out of it is if they bail out and make it successful, which Abu Dhabi may do. Then the rest of the world can say capitalism failed and it relied upon a central government to bail it out. So, therefore, central governments must be strong.
BECK: How about bailing it and then cutting all of the spending?
BUCKNER: That's not the way in which governments work. You know that. Our own government -- as you've been watching -- our government has become more centralized to where capitalism becomes the devil even in the United States.
BECK: I know.
BUCKNER: And it's all viewed as greed rather than recognizing the natural economic forces of self-interest and the way in which people behave.
BECK: Right. We would have corrected this problem had we let people bubbles in the past fail and feel the full force and full repercussions of their actions.
BUCKNER: A commentator today said that if Bear Stearns been allowed to fail, Lehman never would have, because they would have stepped up and fixed it before it happened. If California is not allowed to recognize some failure, even though the more -- the whole issue of losing California with the size of its economy, if it's not able to recognize that, who is going to tell them not to consume anymore.
BECK: OK.
Eminent domain. We talked about this, what, last Wednesday before we went for the holiday. It comes back. It is running rampant --and ACORN to the rescue? Not so much.
(COMMERCIAL BREAK)
PATTI ANN BROWNE, FOX NEWS ANCHOR: I'm Patti Ann Browne.
Police dogs are combing the Seattle neighborhood where a SWAT team stormed the house today in the manhunt for an alleged cop killer. Suspect Maurice Clemmons was not at the home and is still at large. He faces murder warrants in the shooting deaths of four cops yesterday at a coffee shop.
Today, golf legend, Tiger Woods, pulled out of his own tournament this week, citing the injuries he sustained from Friday's SUV crash.
And the White House weighs in on the couple who crashed the state dinner last week. Spokesman Robert Gibbs says the president is concerned about the security breach. The couple and director of the Secret Service have been called by Congress to testify about the incident on Thursday.
Glenn Beck returns in a moment, but first, Bret Baier previews
SPECIAL REPORT.
Hi, Bret.
BRET BAIER, SPECIAL REPORT HOST: Hi, Patti Ann.
Coming up: Iran promises to build 10 more nuclear facilities. Today, the Obama administration responds. So how is U.S. policy working?Plus, the latest on Climate Gate. Brit Hume is here with analysis.
Special Report at the top of the houor. Now, back to Geln.
(BEGIN VIDEO CLIP)
UNIDENTIFIED MALE: We already had Black Friday and Cyber Monday, so how about Evil Conservative Monday night? That's right. Tonight only, you'll get free shipping on autographed copies of Glenn's number one bestselling books, like Arguing with Idiots and The Christmas Sweater.
And if you know a fan that watches this show next to their own chalkboard, consider the ultimate autographed Glenn Beck Christmas package, three books, two leather boxes and an exclusive Day in the Life DVD. You'll find all the packages online right now at BeckChristmas.com. But hurry - free shipping ends tonight.
(END VIDEO CLIP)
BECK: Free shipping. But I'm a capitalist. Free? I apologize, America.
Today, Politico is reporting ACORN has considered changing its name. Wow, I don't know why that sounds so familiar. I'm trying to think where did I hear that? They're going to change their name and go underground.
My prediction is that ACORN is going to get so much heat because of this network and only because of this network that they are going to disband. They are going to - you will see ACORN just kind of mutate, change, go underground.
It was June - it's almost like - this is coming out now after sensitive ACORN documents were found in a dumpster. More on that in just a second.
But it's going to take a lot more than a name change to cover up what we have already learned about ACORN no matter what they call themselves. First, how is ACORN related to the story I brought you last week on eminent domain abuse?
Do you remember this shining example of eminent domain - you know, your right to own property and nobody can take it from you? In New London, Connecticut, the city decided to take Susette Kelo's home so the drug company, Pfizer, could build a plant that was supposed to bring new jobs and tax revenue.
Hi, we're here from the city and we're here to help. Sure, you are. Here is what the city got - a big empty lot. Yes, Susette's home is gone. All the small businesses and everybody else who (UNINTELLIGIBLE) - gone. The plant? Yes. Pfizer decided, now is not really a good time.
Now, let's go to Brooklyn, New York. Similar thing is happening there. Real estate tycoon and millionaire owner of the New Jersey Nets, Bruce Ratner - he wants to build a new arena. Now, how much would you pay?