Glenn Beck 20091130 Part 2/4

MESS. MESS. LET'S NOT GO DOWN THAT PATH LET'S NOT GO DOWN THAT PATH AGAIN. AGAIN. WE ONLY REACHED, ARE YOU READY WE ONLY REACHED, ARE YOU READY FOR THIS, HOW MUCH OF OUR FOR THIS, HOW MUCH OF OUR G.D.P. DID WE ACTUALLY SPEND G.D.P. DID WE ACTUALLY SPEND DURING THE GREAT DEPRESSION? DURING THE GREAT DEPRESSION? READY? READY? 4.3% IS WHAT WE SPENT OF OUR 4.3% IS WHAT WE SPENT OF OUR G.D. P. THIS YEAR, WE'RE G.D. P. THIS YEAR, WE'RE GOING TO SPEND 26%. GOING TO SPEND 26%. IT WILL BE THE LARGEST IT WILL BE THE LARGEST GOVERNMENT EXPANSION SINCE THE GOVERNMENT EXPANSION SINCE THE HEIGHT OF THE KOREAN WAR. HEIGHT OF THE KOREAN WAR. REMEMBER, IT'S NOT AN OBAMA REMEMBER, IT'S NOT AN OBAMA PROBLEM. PROBLEM. FEDERAL SPENDING HAS BEEN UP FEDERAL SPENDING HAS BEEN UP SINCE 2001 BY 57%. SINCE 2001 BY 57%. IT'S BOTH OF THEM! IT'S BOTH OF THEM! IT'S ALL OF GOVERNMENT. IT'S ALL OF GOVERNMENT. OBAMA IS JUST PUTTING HIS FOOT OBAMA IS JUST PUTTING HIS FOOT ON THE ACCELERATOR. ON THE ACCELERATOR. YOU HAVE TO ASK YOURSELF WHY. YOU HAVE TO ASK YOURSELF WHY. IT DIDN'T WORK IN THE 1930'S. IT DIDN'T WORK IN THE 1930'S. IT'S NOT WORKING IN DUBAI. IT'S NOT WORKING IN DUBAI. IT'S NOT WORKING IN IT'S NOT WORKING IN CALIFORNIA. CALIFORNIA. IT'S NOT WORKING ANYWHERE. IT'S NOT WORKING ANYWHERE. IT'S NOT WORKING IN YOUR HOME. IT'S NOT WORKING IN YOUR HOME. IS IT WORKING THERE, BECAUSE IS IT WORKING THERE, BECAUSE IT'S NOT WORKING IN MINE. IT'S NOT WORKING IN MINE. IT'S NOT WORKING OVER IN IT'S NOT WORKING OVER IN EUROPE, IN GREECE. EUROPE, IN GREECE. IT DIDN'T WORK IN IRELAND. IT DIDN'T WORK IN IRELAND. IT DIDN'T WORK IN ICELAND. IT DIDN'T WORK IN ICELAND. IT WILL NOT WORK! IT WILL NOT WORK! BY THE WAY, YOU PROBABLY BY THE WAY, YOU PROBABLY DIDN'T SEE WHAT THEY'RE NOT DIDN'T SEE WHAT THEY'RE NOT REPORTING OVER IN EUROPE, IN REPORTING OVER IN EUROPE, IN GREECE OR IN IRELAND. GREECE OR IN IRELAND. THERE IS UNARE REST THERE, AND THERE IS UNARE REST THERE, AND THEY'RE ALSO NOT REPORTING THE THEY'RE ALSO NOT REPORTING THE AMOUNT OF VIOLENCE. AMOUNT OF VIOLENCE. LET ME SHOW YOU A COUPLE OF LET ME SHOW YOU A COUPLE OF PICTURES. PICTURES. HERE ARE RIOTS. HERE ARE RIOTS. THESE PICTURES WERE TAKEN IN THESE PICTURES WERE TAKEN IN GREECE TWO WEEKS AGO. GREECE TWO WEEKS AGO. THEY ARE WORRIED ABOUT THE THEY ARE WORRIED ABOUT THE CRAZY TEA PARTY MEMBERS, I CRAZY TEA PARTY MEMBERS, I THINK. THINK. THEY ARE ANTI-GOVERNMENT. THEY ARE ANTI-GOVERNMENT. THE SAME THING IS HAPPENING IN THE SAME THING IS HAPPENING IN IRELAND NOW. IRELAND NOW. WHY? WHY? BECAUSE THE PEOPLE'S MONEY HAS BECAUSE THE PEOPLE'S MONEY HAS BEEN SQUANDERED BY BEEN SQUANDERED BY OUT-OF-CONTROL POLITICIANS WHO OUT-OF-CONTROL POLITICIANS WHO HAVE PROMISED THEM THINGS THEY HAVE PROMISED THEM THINGS THEY CAN'T DO. CAN'T DO. THE PEOPLE'S FUTURE, YOUR THE PEOPLE'S FUTURE, YOUR CHILDREN'S FUTURE IS BEING CHILDREN'S FUTURE IS BEING DESTROYED BY GREEDY DESTROYED BY GREEDY GOVERNMENTS THAT ARE IN BED GOVERNMENTS THAT ARE IN BED WITH BIG BUSINESS. WITH BIG BUSINESS. "THE NEW YORK TIMES" JUST "THE NEW YORK TIMES" JUST REPORTED THAT ONE OUT OF EVERY REPORTED THAT ONE OUT OF EVERY EIGHT ADULTS AND ONE OUT OF EIGHT ADULTS AND ONE OUT OF EVERY FOUR CHILDREN GET AT EVERY FOUR CHILDREN GET AT LEAST SOME OF THEIR FOOD FROM LEAST SOME OF THEIR FOOD FROM FOOD STAMPS EVERY DAY THAT. FOOD STAMPS EVERY DAY THAT. IS MORE THAN 36 MILLION IS MORE THAN 36 MILLION AMERICANS. AMERICANS. WOW, THAT DOESN'T SOUND GOOD. WOW, THAT DOESN'T SOUND GOOD. IT SOUNDS LIKE WE'RE HEADED IT SOUNDS LIKE WE'RE HEADED DOWN THE ROAD OF IRELAND OR DOWN THE ROAD OF IRELAND OR GREECE OR ICELAND, BECAUSE GREECE OR ICELAND, BECAUSE WHEN YOU COMBINE NO JOBS WITH WHEN YOU COMBINE NO JOBS WITH HUNGER, AND AN UNRESPONSIVE HUNGER, AND AN UNRESPONSIVE GOVERNMENT, YOU HAVE A RECIPE GOVERNMENT, YOU HAVE A RECIPE FOR POTENTIAL DISASTER. FOR POTENTIAL DISASTER. THOSE KINDS OF PICTURES. THOSE KINDS OF PICTURES. SO HOW DO YOU FIX IT? SO HOW DO YOU FIX IT? WELL, HISTORY HAS SHOWN US WELL, HISTORY HAS SHOWN US OVER AND OVER AGAIN, AND SO OVER AND OVER AGAIN, AND SO HAS THE POST OFFICE, THAT THE HAS THE POST OFFICE, THAT THE GOVERNMENT IS NOT THE ANSWER. GOVERNMENT IS NOT THE ANSWER. WHAT DO YOU DO? WHAT DO YOU DO? YOU UNLEASH THE PEOPLE, THE YOU UNLEASH THE PEOPLE, THE ENTREPRENEURS. ENTREPRENEURS. IF YOU'RE WONDERING HOW IT IS IF YOU'RE WONDERING HOW IT IS THAT THE GOVERNMENT CAN'T SEE THAT THE GOVERNMENT CAN'T SEE THAT, HOW THEY'RE NOT GOING TO THAT, HOW THEY'RE NOT GOING TO BE ABLE TO CREATE NEW JOBS ON BE ABLE TO CREATE NEW JOBS ON THIS NEW SUMMIT THAT THEY'RE THIS NEW SUMMIT THAT THEY'RE DOING THIS WEEK, HOW THEY CAN DOING THIS WEEK, HOW THEY CAN EVEN BE PONDERING A BIGGER EVEN BE PONDERING A BIGGER STIMULUS PACKAGE, AS THEY STIMULUS PACKAGE, AS THEY STARE AT THE FAILURE OF THE STARE AT THE FAILURE OF THE FIRST AND THE SECOND STIMULUS FIRST AND THE SECOND STIMULUS PACKAGE RIGHT IN THE FACE, PACKAGE RIGHT IN THE FACE, WELL, LET ME SHOW YOU. WELL, LET ME SHOW YOU. I'M GOING TO SHOW YOU THE I'M GOING TO SHOW YOU THE NUMBER OF PEOPLE WHO HAVE HAD NUMBER OF PEOPLE WHO HAVE HAD JOBS IN THE PRIVATE SECTOR, JOBS IN THE PRIVATE SECTOR, OUTSIDE OF THE UNIVERSITIES. OUTSIDE OF THE UNIVERSITIES. REMEMBER THE GUYS ON THE BACK REMEMBER THE GUYS ON THE BACK OF THAT, YOU KNOW, WITH THE OF THAT, YOU KNOW, WITH THE UNIVERSITY HATS? UNIVERSITY HATS? OK. OK. PEOPLE WHO HAVE ACTUALLY HAD PEOPLE WHO HAVE ACTUALLY HAD JOBS IN THE PRIVATE SECTOR. JOBS IN THE PRIVATE SECTOR. THEODORE ROOSEVELT, WILSON, I THEODORE ROOSEVELT, WILSON, I HATE THAT GUY, HOOVER, F.D.R., HATE THAT GUY, HOOVER, F.D.R., TRUMAN, KENNEDY AND KENNEDY TRUMAN, KENNEDY AND KENNEDY HAD ONLY 30% WITH EXPERIENCE HAD ONLY 30% WITH EXPERIENCE IN THE PRIVATE SECTOR AND THE IN THE PRIVATE SECTOR AND THE REST WERE EGGHEADS. REST WERE EGGHEADS. L.B.J. AND LETS GO TO FORD. L.B.J. AND LETS GO TO FORD. KENNEDY IS DOWN AND SO IS KENNEDY IS DOWN AND SO IS CARTER. CARTER. ONLY 30% WERE PEOPLE THAT HAD ONLY 30% WERE PEOPLE THAT HAD EXPERIENCE EVER WORKING IN A EXPERIENCE EVER WORKING IN A BUSINESS. BUSINESS. THEN CAME RONALD REAGAN. THEN CAME RONALD REAGAN. NEXT, GEORGE H.W. BUSH, THEN NEXT, GEORGE H.W. BUSH, THEN CLINTON, DOWN JUST A LITTLE CLINTON, DOWN JUST A LITTLE BIT, AND THEN WE HAVE GEORGE BIT, AND THEN WE HAVE GEORGE BUSH. BUSH. YOU READY? YOU READY? I'M GOING TO SHOW YOU THE GUY I'M GOING TO SHOW YOU THE GUY WHO IS MEETING WITH ALL THE WHO IS MEETING WITH ALL THE PEOPLE TO CREATE NEW JOBS, HOW PEOPLE TO CREATE NEW JOBS, HOW MANY PEOPLE DOES HE HAVE IN MANY PEOPLE DOES HE HAVE IN HIS CABINET APPOINTEES THAT HIS CABINET APPOINTEES THAT HAVE PRIVATE-SECTOR EXPERIENCE HAVE PRIVATE-SECTOR EXPERIENCE I THINK THAT'S GOING TO WORK I THINK THAT'S GOING TO WORK OUT TO BE A PROBLEM. OUT TO BE A PROBLEM. UNDER 10% OF HIS EMPLOYEES UNDER 10% OF HIS EMPLOYEES HAVE EXPERIENCE IN THE PRIVATE HAVE EXPERIENCE IN THE PRIVATE SECTOR. SECTOR. HOPEFULLY, THE COMING YEARS HOPEFULLY, THE COMING YEARS ARE GOING TO GET BETTER. ARE GOING TO GET BETTER. THE SOLUTIONS ARE NEVER GOING THE SOLUTIONS ARE NEVER GOING TO COME FROM THE GOVERNMENT. TO COME FROM THE GOVERNMENT. THE GOVERNMENT IS THE PROBLEM. THE GOVERNMENT IS THE PROBLEM. UNIVERSITIES, THEY'RE NOT THE UNIVERSITIES, THEY'RE NOT THE PROBLEM, BUT THEY'RE TRYING TO PROBLEM, BUT THEY'RE TRYING TO TEACH EVERYBODY WHAT TO THINK. TEACH EVERYBODY WHAT TO THINK. THAT'S NOT WHAT UNIVERSITIES THAT'S NOT WHAT UNIVERSITIES SHOULD DO. SHOULD DO. THEY TEACH YOU HOW TO THINK, THEY TEACH YOU HOW TO THINK, HOW TO FIND THE ANSWER SO YOU HOW TO FIND THE ANSWER SO YOU AS THE ENTREPRENEUR, YOU AS AS THE ENTREPRENEUR, YOU AS THE INDIVIDUAL GO OUT INTO THE THE INDIVIDUAL GO OUT INTO THE REAL WORLD AND YOU THINK REAL WORLD AND YOU THINK OUTSIDE OF THE BOX. OUTSIDE OF THE BOX. THE ENTIRE IDEA OF THIS THE ENTIRE IDEA OF THIS COUNTRY IS TO BUILD A BETTER COUNTRY IS TO BUILD A BETTER MOUSETRAP AND PEOPLE WILL BEAT MOUSETRAP AND PEOPLE WILL BEAT A PATH FOR YOUR DOORWAY. A PATH FOR YOUR DOORWAY. RIGHT NOW, I KNOW THAT RIGHT NOW, I KNOW THAT SOMEBODY IS IS AT HOME SCREAMIN, SOMEBODY IS IS AT HOME SCREAMIN, PROBABLY STANDING THERE IN PROBABLY STANDING THERE IN THEIR UNDERPANTS, I KNOW! THEIR UNDERPANTS, I KNOW! I HAVE THE ANSWER! I HAVE THE ANSWER! GREAT! GREAT! FIRST, PUT YOUR PANTS ON, FIRST, PUT YOUR PANTS ON, BECAUSE YOU'LL LOOK CRAZY BECAUSE YOU'LL LOOK CRAZY STANDING THERE IN YOUR STANDING THERE IN YOUR UNDERPANTS SCREAMING, A SAFETY UNDERPANTS SCREAMING, A SAFETY TIP FOR CHANGING THE WORLD, TIP FOR CHANGING THE WORLD, AND THEN YOU GET UP AND THE AND THEN YOU GET UP AND THE INDIVIDUAL WITH THE CRAZY IDEA INDIVIDUAL WITH THE CRAZY IDEA IN AMERICA HAS ALWAYS BEEN THE IN AMERICA HAS ALWAYS BEEN THE ONE THAT BROUGHT THE WORLD THE ONE THAT BROUGHT THE WORLD THE ANSWER, LIKE THE LIGHTBULB, OR ANSWER, LIKE THE LIGHTBULB, OR THE ELEVATOR, OR EVEN MY THE ELEVATOR, OR EVEN MY FAVORITE, COTTON CANDY. FAVORITE, COTTON CANDY. FUNDAMENTALLY CHANGING THE FUNDAMENTALLY CHANGING THE WORLD THROUGH THE POWER OF WORLD THROUGH THE POWER OF FREEDOM AND THE INDIVIDUAL. FREEDOM AND THE INDIVIDUAL. GOVERNMENT CANNOT DO THAT. GOVERNMENT CANNOT DO THAT. THEY NEVER WILL, AND THEY THEY NEVER WILL, AND THEY WEREN'T DESIGNED TO DO THAT. WEREN'T DESIGNED TO DO THAT. THEY'RE INCAPABLE. THEY'RE INCAPABLE. WE HAVE ALWAYS BEEN THE WE HAVE ALWAYS BEEN THE COUNTRY OF THE DREAMER, AND COUNTRY OF THE DREAMER, AND THE UNDERDOG. THE UNDERDOG. WHAT HAPPENED TO THE UNDERDOG? WHAT HAPPENED TO THE UNDERDOG? WHY ARE WE TALKING ABOUT WHY ARE WE TALKING ABOUT EVERYBODY IS TOO BIG TO FAIL? EVERYBODY IS TOO BIG TO FAIL? EVERYBODY RUSHED IN TO RESCUE EVERYBODY RUSHED IN TO RESCUE DUBAI. DUBAI. WHY? WHY? THEY BUILT MAN MADE ISLANDS IN THEY BUILT MAN MADE ISLANDS IN THE SHAPE OF THEIR COUNTRY'S THE SHAPE OF THEIR COUNTRY'S LOGO! LOGO! I THINK THEY SHOULD FAIL. I THINK THEY SHOULD FAIL. WE HAVE BECOME A COUNTRY THAT WE HAVE BECOME A COUNTRY THAT NO LONGER CHEERS FOR THE NO LONGER CHEERS FOR THE UNDERDOG. UNDERDOG. WE SEEM TO BE CHEERING FOR THE WE SEEM TO BE CHEERING FOR THE GUY WHO HAS THE GIANT DEATH GUY WHO HAS THE GIANT DEATH STAR. STAR. STOP! STOP! LET'S ROOT FOR THE CUTE LITTLE LET'S ROOT FOR THE CUTE LITTLE EWOKS FROM TIME TO TIME, WOULD EWOKS FROM TIME TO TIME, WOULD YOU? YOU? REMEMBER, WE'RE AMERICA. REMEMBER, WE'RE AMERICA. HELLO. HELLO. WE'RE FOR THE LITTLE GUY. WE'RE FOR THE LITTLE GUY. AT LEAST WE USED TO BE, AND I, AT LEAST WE USED TO BE, AND I, FOR ONE, STILL THINK WE ARE. FOR ONE, STILL THINK WE ARE. NOW, NEXT, WHAT CALIFORNIA NOW, NEXT, WHAT CALIFORNIA AND THE REST OF THE COUNTRY AND THE REST OF THE COUNTRY MUST LEARN FROM DUBAI. MUST LEARN FROM DUBAI. COMING UP NEXT. GLENN: A LOT OF PEOPLE FROM GLENN: A LOT OF PEOPLE FROM AROUND THE WORLD GOT UPSET AROUND THE WORLD GOT UPSET ABOUT DUBAI. ABOUT DUBAI. MOST PEOPLE WERE WHY WOULD I MOST PEOPLE WERE WHY WOULD I EVEN CARE? EVEN CARE? WELL, LET ME HAVE DAVID WELL, LET ME HAVE DAVID BUCKNER EXPLAIN, AN ADJUNCT BUCKNER EXPLAIN, AN ADJUNCT ASSOCIATE PROFESSOR AT ASSOCIATE PROFESSOR AT COLUMBIA UNIVERSITY. COLUMBIA UNIVERSITY. HOW ARE YOU, SIR? HOW ARE YOU, SIR? >> GOOD TO SEE YOU. >> GOOD TO SEE YOU. GLENN: GOOD TO SEE YOU, SIR. GLENN: GOOD TO SEE YOU, SIR. THE THING THAT HIT ME ON THE THING THAT HIT ME ON DUBAI, IS IT IS EXACTLY THE DUBAI, IS IT IS EXACTLY THE CALIFORNIA STORY. WE VERY CALIFORNIA STORY. WE VERY EXCESSIVE BORROWING FROM THE EXCESSIVE BORROWING FROM THE CENTRAL GOVERNMENT, AND THE CENTRAL GOVERNMENT, AND THE COMMERCIAL CENTER FOR THE COMMERCIAL CENTER FOR THE UNITED EMERITUS ARAB EMERITUS. UNITED EMERITUS ARAB EMERITUS. AND CALIFORNIA, HUGE AND CALIFORNIA, HUGE CONSUMPTION, HUGE G.D.P. AND CONSUMPTION, HUGE G.D.P. AND NO NATURAL RESOURCES IN DUBAI NO NATURAL RESOURCES IN DUBAI AND CALIFORNIA DOESN'T USE AND CALIFORNIA DOESN'T USE THEIR RESOURCE F THEY HAD THEIR RESOURCE F THEY HAD THEM, THEY COULD BAIL THEM, THEY COULD BAIL THEMSELVES OUT. THEMSELVES OUT. >> CORRECT. >> CORRECT. GLENN: VAST REAL ESTATE GLENN: VAST REAL ESTATE SPECULATION. SPECULATION. SAME THING. SAME THING. EXCESSIVE LEVERAGE IN DEBT, EXCESSIVE LEVERAGE IN DEBT, EXCESSIVE SPENDING AND EXCESSIVE SPENDING AND BORROWING. BORROWING. SAME THING. SAME THING. LEADERS CLAIMING WE DIDN'T DO LEADERS CLAIMING WE DIDN'T DO ANYTHING WRONG. ANYTHING WRONG. SAME OVER HERE. SAME OVER HERE. BLAME THE ECONOMY, AND THE BLAME THE ECONOMY, AND THE DEBT CRISIS. DEBT CRISIS. THEY'RE BLAMING THE ECONOMY. THEY'RE BLAMING THE ECONOMY. IT'S ALL ABOUT IT'S NOT OUR IT'S ALL ABOUT IT'S NOT OUR FAULT. FAULT. YOU'RE SEEING THE EXACT SAME YOU'RE SEEING THE EXACT SAME PARALLELS AND WHEN YOU'RE PARALLELS AND WHEN YOU'RE LOOKING AT A LOT OF HUBRIS, A LOOKING AT A LOT OF HUBRIS, A LOT OF TALKING ABOUT DUBAI AT LOT OF TALKING ABOUT DUBAI AT $130 BILLION IN DEBT AND $130 BILLION IN DEBT AND CALIFORNIA IN $140 BILLION IN CALIFORNIA IN $140 BILLION IN DEBT, THAT'S HUGE COMPONENT. DEBT, THAT'S HUGE COMPONENT. WHAT IS HAPPENING IN DUBAI WHAT IS HAPPENING IN DUBAI RIGHT NOW IS WHAT IS GOING TO RIGHT NOW IS WHAT IS GOING TO BE HAPPENING IN CALIFORNIA. BE HAPPENING IN CALIFORNIA. GLENN: OK. GLENN: OK. FIRST OF ALL, THE ABU DOBB BUY FIRST OF ALL, THE ABU DOBB BUY IS GOING TO BAIL THEM OUT. IS GOING TO BAIL THEM OUT. >> SO THEY SAID TODAY. >> SO THEY SAID TODAY. >> WE'RE GOING TO BAIL OUT >> WE'RE GOING TO BAIL OUT CALIFORNIA, YES OR KNOW? CALIFORNIA, YES OR KNOW? >> WE'RE LIKELY TO DO, IT >> WE'RE LIKELY TO DO, IT FRONT DOOR OR BACK DOOR, WE'RE FRONT DOOR OR BACK DOOR, WE'RE GOING TO DO IT, YOU'RE RIGHT. GOING TO DO IT, YOU'RE RIGHT. GLENN: WHAT DOES THAT MEAN? GLENN: WHAT DOES THAT MEAN? >> WELL, IT DOES TWO THINGS. >> WELL, IT DOES TWO THINGS. FIRST OF ALL, THE MORAL FIRST OF ALL, THE MORAL HAZARD. HAZARD. EVERYBODY KEEPS TALKING ABOUT EVERYBODY KEEPS TALKING ABOUT THIS. THIS. NOBODY LETS IT SINK N THE NOBODY LETS IT SINK N THE MORAL HAZARD OF CALIFORNIA MORAL HAZARD OF CALIFORNIA SAYING CONSUME, CONSUME, SAYING CONSUME, CONSUME, CONSUME, AND THEY'RE NOT CONSUME, AND THEY'RE NOT INVESTING. INVESTING. THEY ARE CONSUMING. THEY ARE CONSUMING. CALIFORNIA IS A CONSUMPTION CALIFORNIA IS A CONSUMPTION ECONOMY. ECONOMY. THEIR CONSUMPTION IS BEING THEIR CONSUMPTION IS BEING REWARDED WHEN THEY ARE IN THE REWARDED WHEN THEY ARE IN THE HOLE BY THE GOVERNMENT BAILING HOLE BY THE GOVERNMENT BAILING THEM OUT. THEM OUT. WHO IS NEXT? WHO IS NEXT? TEXAS, ARKANSAS? TEXAS, ARKANSAS? GLENN: IT WON'T BE TEXAS. GLENN: IT WON'T BE TEXAS. >> BUT YOU KNOW. >> BUT YOU KNOW. GLENN: YOU HAVE MASSACHUSETTS. GLENN: YOU HAVE MASSACHUSETTS. YOU HAVE NEW YORK. YOU HAVE NEW YORK. NEW YORK IS GOING TO BE RUN NEW YORK IS GOING TO BE RUN OUT. OUT. >> MANY OF THOSE PROGRESSIVE >> MANY OF THOSE PROGRESSIVE STATES WILL GO TO THE FEDS AND STATES WILL GO TO THE FEDS AND THE BIG GOVERNMENT WILL THE BIG GOVERNMENT WILL BACKSTOP THEM. BACKSTOP THEM. GLENN: CAN I ASK YOU MORE OF A GLENN: CAN I ASK YOU MORE OF A PHILOSOPHICAL QUESTION, PHILOSOPHICAL QUESTION, BECAUSE THIS IS WHAT I'M BECAUSE THIS IS WHAT I'M CONCERNED ABOUT. CONCERNED ABOUT. IN THE CARTOON THAT I SHOWED IN THE CARTOON THAT I SHOWED FROM 1933 "BLAME CAPITALISM." FROM 1933 "BLAME CAPITALISM." THIS IS GOING TO BE A GLOBAL THIS IS GOING TO BE A GLOBAL THING. THING. BLAME CAPITALISM. BLAME CAPITALISM. HERE IS DUBAI, WHICH, IF YOU HERE IS DUBAI, WHICH, IF YOU BOUNCE A CHECK IN DUBAI, YOU BOUNCE A CHECK IN DUBAI, YOU GO TO JAIL. GO TO JAIL. >>ITE. >>ITE. GLENN: THERE ARE CURRENTLY GLENN: THERE ARE CURRENTLY 3,000 CARS AT THE AIRPORT FROM 3,000 CARS AT THE AIRPORT FROM PEOPLE WHO ARE AT OTHER PARTS PEOPLE WHO ARE AT OTHER PARTS OF THE WORLD THAT JUST HAD TO OF THE WORLD THAT JUST HAD TO LEAVE THE COUNTRY BECAUSE LEAVE THE COUNTRY BECAUSE THEY'RE GOING TO GO TO JAIL THEY'RE GOING TO GO TO JAIL BECAUSE THEY ARE BRAD ON THEIR BECAUSE THEY ARE BRAD ON THEIR DEBTS. DEBTS. >> YEAH, THEY'RE DEFAULTING. >> YEAH, THEY'RE DEFAULTING. >> THIS COUNTRY IS AN ANOMALY >> THIS COUNTRY IS AN ANOMALY OUT OF THE MIDDLE EAST. OUT OF THE MIDDLE EAST. IT IS OUR LIFESTYLE TIMES TEN. IT IS OUR LIFESTYLE TIMES TEN. >> THEY HAVE ATTACHED A LAS >> THEY HAVE ATTACHED A LAS VEGAS LIFESTYLE TO THE EAST. VEGAS LIFESTYLE TO THE EAST. YES. YES. GLENN: IT WILL APPEAR TO THE GLENN: IT WILL APPEAR TO THE REST OF THE MIDDLE EAST AND REST OF THE MIDDLE EAST AND THE WORLD AS THE DECADENT THE WORLD AS THE DECADENT WESTERN LIFESTYLE THAT WENT WESTERN LIFESTYLE THAT WENT AWYE. AWYE. >> AND THEY WANT IT TO FAIL. >> AND THEY WANT IT TO FAIL. GLENN: BECAUSE? GLENN: BECAUSE? >> BECAUSE 30% OF THE REAL >> BECAUSE 30% OF THE REAL ESTATE IN DUBAI IS OWNED BY ESTATE IN DUBAI IS OWNED BY IRAN, AND WHAT BETTER MESSAGE IRAN, AND WHAT BETTER MESSAGE TO SEND TO THE REST OF THAT TO SEND TO THE REST OF THAT WORLD AND THAT COMMUNITY THAN WORLD AND THAT COMMUNITY THAN CAPITALISM FAILS. CAPITALISM FAILS. GLENN: SO I BELIEVE WE ARE GLENN: SO I BELIEVE WE ARE BEING PAINTED IN THE REST OF BEING PAINTED IN THE REST OF THE WORLD, AND WE HAVE THE WORLD, AND WE HAVE CURRENTLY AN ADMINISTRATION CURRENTLY AN ADMINISTRATION THAT IS HELPING ON THIS, BY THAT IS HELPING ON THIS, BY APOLOGIZING FOR EVERYBODY, AND APOLOGIZING FOR EVERYBODY, AND NOT STANDING BY CAPITALISM AND NOT STANDING BY CAPITALISM AND INSTEAD BLAMING GREED. INSTEAD BLAMING GREED. WE ARE GOING TO BE PAINTED AS WE ARE GOING TO BE PAINTED AS THE PARIAH OF THE WORLD, THE PARIAH OF THE WORLD, BECAUSE WE ARE THE SYMBOL OF BECAUSE WE ARE THE SYMBOL OF CAPITALISM, AND EVERYBODY CAPITALISM, AND EVERYBODY NEEDS SOMEONE TO BLAME, SO NEEDS SOMEONE TO BLAME, SO WHEN THIS SPIRAL -- AM I WRONG WHEN THIS SPIRAL -- AM I WRONG ON THIS? ON THIS? >> YOU'RE RIGHT. >> YOU'RE RIGHT. GLENN: YOU CAN THINK OF A WAY GLENN: YOU CAN THINK OF A WAY OUT? OUT? >> IF THEY BAIL OUT AND MAKE >> IF THEY BAIL OUT AND MAKE IT SUCCESS FLTFUL, WHICH THEY IT SUCCESS FLTFUL, WHICH THEY MAY DO, THEN THE REST OF THE MAY DO, THEN THE REST OF THE WORLD CAN SAY CAPITALISM WORLD CAN SAY CAPITALISM FAILED AND RELIED ON A CENTRAL FAILED AND RELIED ON A CENTRAL GOVERNMENT TO BORROW IT AND GOVERNMENT TO BORROW IT AND BAIL IT OUT. BAIL IT OUT. GLENN: HOW ABOUT BAILING IT GLENN: HOW ABOUT BAILING IT AND CUTTING THE SPENDING? AND CUTTING THE SPENDING? >> THAT IS NOT THE WAY >> THAT IS NOT THE WAY GOVERNMENTS WORK. GOVERNMENTS WORK. YOU KNOW THAT. YOU KNOW THAT. OUR OWN GOVERNMENT HAS BECOME OUR OWN GOVERNMENT HAS BECOME MORE C