Obama's Green Mafia Gets More Ink

Wednesday 05/06/10 Investors Business Daily getting even closer to an outright charge of criminal abuse of power in this piece on Obama's $10 trillion "green" corruption scheme. Complete text below & in screenshot at bottom. Highlights are mine.

Original link to article: http://www.investors.com/NewsAndAnalysis/Article.aspx?id=532610

Europe's Carbon Mafia, and Ours
Corruption: The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-trade is not about saving the planet. It's about money and power, and absolute power corrupting absolutely.

All across Europe authorities have been conducting raids, rounding up individuals involved in a new version of Climate-gate. This time the data aren't corrupted. Europe's Emissions Trading System is. The system is so sick, it's turned out to be a scam built upon a scam.

Twenty-five people have been arrested in raids by British and German authorities as part of a pan-European crackdown on carbon credit VAT tax fraud.

U.K. officials announced raids on 81 offices and homes, nabbing 13 people in England and eight in Scotland. The operation involved 450 investigators from Her Majesty's Revenue and Customs office.

German authorities raided 230 locations, including the headquarters of Deutsche Bank in Frankfurt and the offices of RWE, one of the largest energy firms in Europe. The German operation involved 1,000 investigators targeting 50 companies and 150 suspects.

The amount of money involved in carbon trading is huge and the temptations vast. While our Congress demagogues about banks and their "complex financial instruments," they are simple compared to cap-and-trade, which as we have noted involves essentially the buying and selling of air. Throw in an oppressive value-added tax and you have a recipe for corruption and fraud.

Last December, Europol, the European criminal intelligence agency, announced that Emissions Trading System fraud had resulted in about 5 billion euros in lost revenues as Europe's carbon traders schemed to avoid paying Europe's VAT and pocket the difference. In announcing the raids, the agency said that as much as 90% of Europe's carbon trades were the result of fraudulent activity.

"Carbon markets are highly susceptible to fraud, given their complexity and the fact that it's not always clear what is being traded," says Oscar Reyes of Carbon Trade Watch.

Climate change has been found to be a fraud. Now the system to fight it has been. Yet it's that system the administration and others want to establish here through cap-and-trade legislation such as Waxman-Markey and Kerry-Boxer.

As we also have noted, the mechanism for such phantom carbon trading here has already been established in the form of the Chicago Climate Exchange. The Joyce Foundation in 2000 and 2001 provided the seed money to start CCX when Barack Obama sat on its board.

CCX founder Richard Sandor estimates the climate trading market could be "a $10 trillion dollar market." It is an invitation to fraud that would make Europe's ETS scandal seem like petty theft.

In 2000, according to Joyce Foundation records, $347,600 was allocated to Northwestern University's Kellogg Graduate School of Management, where Sandor was a research professor, "to design a Midwestern pilot program for the voluntary trading of carbon dioxide and other emissions that cause climate change."

Now President Obama would make such carbon trading mandatory, limit total emissions and make carbon as valuable a commodity as booze during Prohibition.

The Joyce Foundation's two grants totaled just over $1 million. CCX has proved very lucrative for Sandor, whose 8 million shares in the exchange has grown to more than $260 million even before a national cap-and-trade system like Europe's is established.

Al Gore, who recently increased his carbon footprint by spending $8.9 million on an oceanview villa near Santa Barbara, Calif., sitting on 1.5 acres with a swimming pool, spa, fountains, five bedrooms, nine bathrooms and no fewer than six fireplaces, is co-founder of Generation Investment Management LLP, the fifth largest shareholder in CCX.

The largest shareholder is, uh, Goldman Sachs. Other CCX founders include former Goldman Sachs partner David Blood, as well as Mark Ferguson and Peter Harris, also of Goldman Sachs. Presumably they know a lot about playing shell games with other people's money.

What has happened in Europe is going to happen here and may already have begun. We, too, can save the earth for fun and profit.

$10 Trillion Tale of Corruption from 2006 Chicago to Oval Office

If you missed the fuss on Monday (04.26.10) Glenn Beck kicked up about Obama's $10T footsie with G.Sachs which started literally the day he became a Senator in 2006 and led all the way to an Oval Office meeting not three weeks ago, see details here. What follows is the best & most prestigious article yet on what may bring down a President. Investors Business Daily's trail of corruption...Unexpurgated.


 Investor's Business Daily 
April 28, 2010 
The $10 Trillion Climate Fraud
Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House.

Lost in the recent headlines was Al Gore's appearance Monday in Denver at the annual meeting of the Council of Foundations, an association of the nation's philanthropic leaders.

"Time's running out (on climate change)," Gore told them. "We have to get our act together. You have a unique role in getting our act together."

Gore was right that foundations will play a key role in keeping the climate scam alive as evidence of outright climate fraud grows, just as they were critical in the beginning when the Joyce Foundation in 2000 and 2001 provided the seed money to start the Chicago Climate Exchange. It started trading in 2003, and what it trades is, essentially, air. More specifically perhaps, hot air.

The Chicago Climate Exchange (CCX) advertises itself as "North America's only cap-and-trade system for all six greenhouse gases, with global affiliates and projects worldwide." Barack Obama served on the board of the Joyce Foundation from 1994 to 2002 when the CCX startup grants were issued. As president, pushing cap-and-trade is one of his highest priorities. Now isn't that special?

Few Americans have heard of either entity. The Joyce Foundation was originally the financial nest egg of a widow whose family had made millions in the now out-of-favor lumber industry.

After her death, the foundation was run by philanthropists who increasingly dedicated their giving to liberal causes, including gun control, environmentalism and school changes.

Currently, CCX members agree to a voluntary but legally binding agreement to regulate greenhouse gases.

The CCX provides the mechanism in trading the very pollution permits and carbon offsets the administration's cap-and-trade proposals would impose by government mandate.

Thanks to Fox News' Glenn Beck, we have learned a lot about CCX, not the least of which is that its founder, Richard Sandor, says he knew Obama well back in the day when the Joyce Foundation awarded money to the Kellogg Graduate School of Management at Northwestern University, where Sandor was a research professor.

Sandor estimates that climate trading could be "a $10 trillion dollar market." It could very well be, if cap-and-trade measures like Waxman-Markey and Kerry-Boxer are signed into law, making energy prices skyrocket, and as companies buy and sell permits to emit those six "greenhouse" gases.

So lucrative does this market appear, it attracted the attention of London-based Generation Investment Management, which purchased a stake in CCX and is now the fifth-largest shareholder.

As we noted last year, Gore is co-founder of Generation Investment Management, which sells carbon offsets of dubious value that let rich polluters continue to pollute with a clear conscience.

Other founders include former Goldman Sachs partner David Blood, as well as Mark Ferguson and Peter Harris, also of Goldman Sachs. In 2006, CCX received a big boost when another investor bought a 10% stake on the prospect of making a great deal of money for itself. That investor was Goldman Sachs, now under the gun for selling financial instruments it knew were doomed to fail.

The actual mechanism for trading on the exchange was purchased and patented by none other than Franklin Raines, who was CEO of Fannie Mae at the time.

Raines profited handsomely to the tune of some $90 million by buying and bundling bad mortgages that led to the collapse of the American economy. His interest in climate trading is curious until one realizes cap-and-trade would make housing costlier as well.

Amazingly, none of these facts came up at Senate hearings on Goldman Sachs' activities, which may be nothing more than Ross Perot's famous "gorilla dust," meant to distract us from the real issues.

The climate trading scheme being stitched together here will do more damage than Goldman Sachs, AIG and Fannie Mae combined. But it will bring power and money to its architects.


Link to original site of article at IBD is here.

Woodward & Bernstein... and Beck!

What Glenn Beck revealed tonight will end Barry's presidency. If it doesn't, it means the fourth estate has died, and thus, the Republic has died. WOW.  Transcript below from tonight's show.


Why Goldman Is Willing to Take the Heat
Monday , April 26, 2010

By Glenn Beck

Faith, hope and charity: We used to seek God's blessings on the country, we used to pursue maximum freedom to solve problems and we'd rely on one another in times of need.

Now we're being pushed towards what progressives have always found hope in: Dependency on regulations and administrations. Average Americans find that approach to be red tape. Our Founding Fathers found it to be slavery.

So it kind shocks me when there's no outcry to news stories like this one reported in the Financial Times over the weekend: The "U.S. is preparing to pivot from domestic regulatory reform to push for a tough new international capital regime."

Excuse me?

We're talking about the foundation of international financial regulations and global governing. It's a trial balloon being floated out there and I guess it was a success because the response was complete and total silence.

Is it just me who thinks this is a bad idea? Am I alone? I guess so, because even Republicans are OK with this one. How could that happen? Easy: It's those evil, greedy Sith lord Wall Street executives! Like the ones at Goldman Sachs, who are appearing before the almighty Senate Tuesday to get grilled by the Senate Permanent Subcommittee on Investigations (sounds scary) about their so-called attempts to manipulate and profit off the crash of the housing market.

They'll get chewed out and made an example of by people like Chris Dodd, who joined in the chorus of Goldman haters on "Meet the Press" on Sunday:

(BEGIN VIDEO CLIPS)

SEN. CHRIS DODD, D-CONN.: Here we are, 17 months after someone broke into our house in effect and robbed us... and we still haven't changed the locks on the doors.

LARRY SUMMERS, WHITE HOUSE ECONOMIC ADVISER: These off-balance sheet, nontransparent vehicles with what people call implicit guarantees, invite these kinds of problems.

SEN. RICHARD SHELBY, R-ALA.: We have to end once and for all the casino atmosphere on Wall Street, where they're gambling, basically, on synthetic ideas and so forth — with somebody else's money.

(END VIDEO CLIPS)

You're right, Chris: You have to change those locks. But the other thing to make sure of is that the people you are calling to change the locks aren't the same ones who were involved with the robbery in the first place.

Yes, Dodd and his buddies will chew out Goldman, but if they are the root of all evil, why do these people all still work in the administration?

• William C. Dudley, president of the Federal Reserve Bank of New York; was a partner and managing director at Goldman

• Gary Gensler, chairman of the Commodity Futures Trading Commission; spent 18 years at Goldman

• Mark Patterson, chief of staff to Tim Geithner; former Goldman lobbyist

• Philip Murphy; nominated for ambassador to Germany; former Goldman executive

• Diana Farrell; deputy director of the National Economic Council; formerly with Goldman

• Emil Michael; White House fellow; former investment banker with Goldman

There's just a few. And if Goldman really are the bad guys, we have bigger problems than just regulation, because we have to talk about global warming as well.

I got a tip from a watchdog — and by the way, if you are new to the program and don't know what a watchdog is, that's you. We've got millions of watchdogs e-mailing in tips and stories big and small and we welcome every single one of them. We get to as many as we can and even report on some of them, like this one about the Chicago Climate Exchange.

In case you didn't know the Chicago Climate Exchange existed — it does and it started trading in 2003. It's billed as: "North America's only cap-and-trade system for all six greenhouse gases, with global affiliates and projects worldwide." Members agree to a voluntary but legally binding agreement to "meet annual Green House Gas emission reduction targets."

What's cap-and-trade? A scheme designed to transfer wealth from the companies that have to the companies that have not through the regulation of invisible gases. Remember, it was ENRON who lobbied heavily for this type of system, because they knew how to swindle a profit out of it.

Environmentalists like Obama want this system because it will make prices skyrocket and people will be forced to use less energy. But I don't want to put words in his mouth, I'll let him say it:

(BEGIN VIDEO CLIP)

THEN-PRESIDENTIAL CANIDATE BARACK OBAMA: Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.

(END VIDEO CLIP)

Got it? So the main beneficiaries will be big corporations and proponents of the redistribution of wealth. You are the loser here because you pay more for energy. But you can feel good because you saved the planet.

Uh-huh.

Not to mention, other places — like Europe — who have tried to implement green initiatives (like Spain) and then base markets on it are suffering the consequences. Because, as Time unwittingly described the creation of Chicago Climate Exchange, it "creates something out of nothing." There is no value behind the market; it's like Pets.com except now its solar panels.

So who would want to create something like this?

In 2000 and 2001, Chicago Climate Exchange received start-up grants from the Joyce Foundation. The Joyce Foundation is like the George Soros' TIDES Foundation. In fact, it's actually bigger than TIDES and even funds TIDES. Think of it as a place where uber-rich and powerful liberals like to dump their money into, so the cash can be spread around to their pet projects without a direct link.

The Joyce Foundation supports such luminaries as John Ayers (William Ayers' brother).

There was one influential member on the board of the Joyce Foundation at the time the Chicago Climate Exchange got its seed money; someone instrumental in steering the funds towards the creation of the Chicago Climate Exchange. They were on the board from 1994-2002. The founder of the Chicago Climate Exchange, Richard Sandor, said that he "knew (this person) well," which is perhaps how the money was awarded to the Kellogg Graduate School of Management, where Sandor was a research professor. I'll get back to that person in a minute.

Sandor saw big things in a climate exchange market. How big?

(BEGIN VIDEO CLIP)

BLOOMBERG REPORTER: So how big do you think this market could be?

RICHARD SANDOR, CHICAGO CLIMATE EXCHANGE: I think it's a $10 trillion a year market.

REPORTER: Say that again?

SANDOR: $10 trillion a year.

(END VIDEO CLIP)

A $10 trillion a year market? That's a lot to go around. In comparison, the value of U.S. company shares on major U.S. and foreign stock exchanges equities market was $15 trillion in 2009. There's a lot of money riding on this climate legislation. But remember: It's all about saving the Earth.

London-based Generation Investment Management sees the earning potential as well. That's why they purchased a stake in Chicago Climate Exchange and are the fifth largest shareholder. The cofounder of the London-based firm? Former Vice President Al Gore. I say cofounder because some of the other founders include David Blood (former Goldman executive), Mark Ferguson (Goldman) and Peter Harris (Goldman).

In 2006, the Chicago Climate Exchange got a nice boost of confidence when an investor stepped to the plate and ponied up to purchase 10 percent of the combined company. Cofounder of the Chicago Exchange said the investment was big and welcome news. The investor? Goldman Sachs.

Oh and I almost forgot: The person at the beginning of it all? The one on the board of the Joyce Foundation that secured the initial funding for this project? Barack Obama.

This is so weird. It's almost like those our government says are responsible for the financial collapse are the ones directly involved in the "solutions." So much for "changing the locks," Chris.

OK, now let's look at this. What you have is a structure. This is the building: the Exchange. You've got the structure, all the players.

So what are we missing? Well, we're missing the bill and the technology to make it happen; the machinery to make it happen.

You are trading air; it's hard to keep track of air. The good news is, the bill is being worked on by Republicans and Democrats. That's cap-and-trade.

The machinery, the device? A patent for such a device was worked on by CO2e.com CEO Carlton Bartels. Shortly after he filed for the patent on his system to trade residential carbon credits, he was killed in the 9/11 attacks. Bartels wife then shopped the idea around and was able to find a buyer. The buyer ended up being a guy who wasn't really a good guy, he committed massive accounting fraud and manipulated earnings in his company in order to make huge bonuses.

That person was Franklin Raines, who just happened to be the CEO of Fannie Mae at the time. The patent was eventually approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — coincidentally the day after Democrats took control of Congress. Thanks to Barbara Hollingsworth of the Washington Examiner for pointing this out to us.

So now, Fannie Mae, who is congressionally mandated to "make housing more affordable," is poised to reap billions on a system that has nothing to do with housing except for that it would make housing costs go up.

That's great.

Remember when Fannie purchased risky mortgages from banks, bundled them together and sold to investors as mortgage-backed securities? And then the housing market was absolutely destroyed? Well, former Fannie VP Scott Lesmes was responsible for that bundling.

Well, here's the good news: Not only will this new carbon trading "system" try the exact same bundling method (except with air); they are using the exact same guy: Scott Lesmes.

But, please, don't worry. The only ones involved in this are the corrupt Franklin Raines, Mr. redistribution of wealth Barack Obama, and all the people who the House and Senate are currently saying are the bad guys. Other than that, this should work out great.

It's almost like Goldman is willing to take a little heat now, in order to get a little piece of the $10 trillion green pie later. I challenge the media: Will anyone pick this story up? Will anyone question this and the timing of it all?

All of a sudden illegal immigration has leap-frogged global warming? Is it because Goldman has to take hits to get the global government structure done? And then they get the payoff? Or will you continue to say oh, he's crazy and not talk about the facts.

— Watch "Glenn Beck" weekdays at 5 p.m. ET on Fox News Channel

"Slaughter" Then & Now

Remember a few months ago when Zsa-Zsa...er.... Ariana Huffington did what appears to be endemic at MSNBC--twist, distort, and obfuscate the facts to make some sort of ridiculous point--this time over Glenn Beck's use of the word "slaughter"? These people are such soulless gasbags that if someone said "Hitler was a vegetarian" they would deem (pardon the timely pun of "deem") the utterer to be a Nazi sympathizer. (Hitler was a vegetarian. And by all accounts was faithful to Eva Braun... Those are facts. Doesn't change the other horrible, evil, inhuman, inexcusable, utterly despicable facts of his very existence, but the fidelity and vegetarianism are true.)

Well, Glenn has rightly been all over the anarchy taking place down in DC this weekend with the bloodless coup about to give us Cuban healthcare via the "Slaughter Rule."

Some men are born to greatness, other just step in it! Glenn... you have done both on a gargantuan, American, Patriotic scale!

P.3. Big-Fat-Dum-Dummy-Racist-Paranoid-Glenn Beck Talking About.... (gasp!) HISTORY!

This was one of those shows when Beck musta had an extra Diet Coke and too many M&M's... He was on a tear... In a GOOD way. One of those shows where he packs all kinds of stuff he has previously lingered over into clip after clip and just hammers his point home.

Glenn Beck: What Changed Dennis Kucinich's Mind? March 18, 2010 - 2:33 ET

Watch Glenn Beck weekdays at 5 p.m. ET on Fox News Channel

Wednesday, for the first time ever, people actually cared about something Dennis Kucinich said or did. Actually, I take that back: This is the second time. The first time was when he was mayor of Cleveland and the citizens there were like what are you doing? They cared then.

But earlier on Wednesday, Kucinich announced his decision on Obama's health care plan. He had been against it — a firm no — because the plan did not contain a single-payer system. Kucinich is a progressive and he's out in the open. Here's what he had been saying about the plan:

(BEGIN VIDEO CLIPS)

REP. DENNIS KUCINICH, D-OHIO: Anytime I can support the president, I'd like to. I just — except on this bill, I signed a commitment with 77 other members of Congress, saying that if there was not robust public option in the health care bill, that was presented to the House, I wouldn't vote for it. I kept my word.

If you don't have a public option, the insurance companies have a license to just steal money from people.

I wish that they brought that public option back — I supported it in committee. And absent of a robust public option, I don't know what there is for my constituents.

(END VIDEO CLIPS)

Got that? He believes there is absolutely no reason to vote for this bill without the public option. It would take an Earth-shattering, chill-you-to-the-bone moment to change his mind. Something like this experience:

(BEGIN VIDEO CLIP)

TIM RUSSERT, MODERATOR: Did you see a UFO?

KUCINICH: Uh, I did. And the rest of the account — it was an unidentified flying object, OK?

(END VIDEO CLIP)

Maybe that's why President Obama decided to do more than call Dennis Kucinich to change his mind on health care. He invited him aboard Air Force One to chat about it. Maybe it was an abduction. Whatever it was Congressman Kucinich left Air Force One a different man than when he boarded.

Here's Dennis Kucinich on Wednesday:

(BEGIN VIDEO CLIP)

KUCINICH: I've decided to cast a vote in favor of the legislation.

(END VIDEO CLIP)

Wait, I thought there was nothing in it for his constituents? So why would he change? There are three possible answers:

• He was told if he votes for health care, they'll tell him what's in Area 51

• They opened the cargo door of Air Force One mid-flight and "negotiated"

• The president assured him this was just a starting point; that we'd get to universal health care eventually.

I know, right now some bloggers are saying, Oh, Glenn that's crazy. President Obama's plan doesn't have a public option, you right-wing religious zealot, Jesus-hating fear monger.

OK, then how do you explain this:

(BEGIN AUDIO CLIPS)

THEN-PRESIDENTIAL CANDIDATE BARACK OBAMA: It is my belief that not just politically but also economically, it's better for us to start getting a system in place — a universal health care system signed into law by the end of my first term as president and build off that system to further — to make it more rational — by the way, Canada did not start off immediately with a single-payer system. They had a similar transition step.

Transitioning a system is a very difficult and costly and lengthy enterprise. It's not like you could turn on a switch and you go from one system to another.

(END AUDIO CLIPS)

That sounds an awful lot like the end goal is government-run health care. As the president said, it's what they did in Canada. I'm not a betting man, but I would be willing to wager that the conversation aboard Air Force One sounded very similar to that last sound clip of Obama: Don't worry, Dennis. We will get there.

It's the only explanation that makes any sense and it's right in line with what many powerful progressives (including Obama) are preaching: Just get your foot in the door and we'll build from there. It's their own words.

Here's audio from the George Soros' Tides Foundation:

(BEGIN VIDEO CLIP)

JACOB HACKER: Someone once said to me this is a Trojan horse for single payer. And I said, well it's not a Trojan horse, right? It's just right there! I'm telling you: We're going to get there — over time, slowly.

(END VIDEO CLIP)

And from Congresswoman Jan Schakowsky:

(BEGIN VIDEO CLIP)

REP. JAN SCHAKOWSKY, D-ILL.: And next to me was a guy from the insurance company who then argued against the public health insurance option, saying it wouldn’t let private insurance compete. That a public option will put the private insurance industry out of business and lead to single-payer.

(APPLAUSE)

My single-payer friends, he was right. The man was right.

(END VIDEO CLIP)

And Tom Harkin:

(BEGIN VIDEO CLIP)

SEN. TOM HARKIN, D-IOWA: As I said before, this bill is not complete. I've used the analogy of a starter home in which we can add additions and enhancements as we go into the future. But like every right that we've ever passed the American people, we revisit it later on to enhance and build on those rights and we will do that here surely.

(END VIDEO CLIP)

I mean, how many examples, America, do you need to realize that it doesn't matter what passes, it's just a foot in the door. As if you needed more evidence, Nancy Pelosi was quoted saying: "We won that fight and once we kick through this door, there'll be more legislation to follow."

Dennis, how did you miss all of this? Did you want to pass the bill the right way out in the open or something? Are you the only ethical Marxist around? Did you not read Saul Alinsky: The ends justify the means?

Seventy-three percent of Americans want Congress to scrap the bill and start over. America, I want you to understand what this bill is in no uncertain terms:

• This will be, in the end a Canadian-style single-payer health care system. If anyone thinks that's good, count the number of hospitals on this side of the border that cater to Canadians. Ask Canadian politician Danny Williams who came over here for surgery because they didn't have any specialists

Speaking of that:

• According to the New England Journal of Medicine, if this bill is passed nearly one third of physicians would quit practicing medicine

• This is about power and money. The unions along with government will control your health care along with government, enforced through the IRS

• You are going to pay for this without any benefits until 2014

Do you think that the government is actually going to take your money and put in a safe for two to four years and not touch it? That's the only reason why the bill doesn't cost more, because you don't get any benefits for four years — you're paying in, with nothing in return.

Let me show you a picture: These are the actual lock boxes. They just opened them to start cashing in the IOUs. There is no money in them. But between now and 2014 this money will be spent on everything else but health care. By that time the government will control every aspect of it.

This is why America doesn't want this bill. But that doesn't mean we don't want reform. There are millions who want health care reform. And let me be clear: I am one of them. But a public option — especially when it's crammed down America's throat in the cover of darkness — a Trojan horse that's not really a Trojan horse — is not the right kind of reform.

There are easy ways to actually make the current system — which, let me remind everyone, is the best system in the world bar none — better. Did you know that the top five U.S. hospitals conduct more clinical tests than the entire country of Canada or Sweden or Great Britain for the entire year? There's a reason world leaders and millions of others come here for health care.

Our system is better. But there are easy ways to make it even more superior to the utopian Canada or U.K. system (where 22-year-old hospital patients are dying of thirst).

Start with tort reform. They say they have it in the bill, but that is a Trojan horse as well. It actually punishes states that have already implemented liability reform. So, if you already have caps on liabilities, you are not eligible for funding grants.

Allow insurance across state lines. Instead of doing that, this bill caps premiums and allows any pre-existing condition to be covered. The guy next to me said that'd put the private insurers out of business — well, to quote Congresswoman Jan Schakowsky: He was right!

— Watch Glenn Beck weekdays at 5 p.m. ET on Fox News Channel 

P.2. Big-Fat-Dum-Dummy-Racist-Paranoid-Glenn Beck Talking About.... (gasp!) HISTORY!

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Glenn Beck: Brett Baier grills Obama on healthcare

Audio Available:

March 18, 2010 - 13:09 ET

Video: Obama's Interview with FNC's Bret Baier

GLENN: Last night Bret Baier said, if this is so important, I mean, why do you have to bribe people and arm twist? The answer, I think, spoke volumes.

BAIER: You know, we asked our viewers to e-mail in suggested questions. More than 18,000 people took time to e-mail us questions and these are regular people from all over the country. Lee Johnson from Spring Valley, California: If the bill is so good for all of us, why all the intimidation, arm twisting, seedy deals, and parliamentary trickery necessary to pass a bill when you have an overwhelming majority in both houses and the presidency? Sandy Moody in Chesterfield, Missouri: If the healthcare bill is so wonderful, why do you have to bribe Congress to pass it?

PRESIDENT OBAMA: Bret, I get 30,000 letters or e-mails a day.

BAIER: I know you do.

PRESIDENT OBAMA: And I could read the exact same --

BAIER: But these are real people. It's not just Washington punditry.

PRESIDENT OBAMA: Listen. I've got exactly the same e-mails that I could show you that talk about why haven't we done something to make sure that I, a small business person, am getting as good of a deal as members of Congress are getting and don't have my insurance rates jacked up 40%. Why is it　--

GLENN: Stop it. Stop it. Do you notice what he's done here? He didn't say, what bribery?

PAT: No.

GLENN: He didn't say what arm twisting? This is Saul Alinsky. Now, when it comes to process, I don't care about process, this process I do because it speaks volumes about us and volumes about what's happening in Washington. When we say, oh, well, the process doesn't matter, yes, it does! You can judge a tree by its fruit and the fruit is bribery and corruption, so you know if it's a good tree or a bad tree.

Now, with this being said, I implore you to reach out to your friends and make sure your message is not about politics. I said to you before that our country, really the world as we know it, okay, the economy, global economy as we know it is sinking. It is the Titanic and it is going to go down. I hope I'm wrong, but the bailout looks like it has failed in Greece. That was the story from Bloomberg this morning. There's another story out today that Spain is in real trouble and the headline was: As Goes Spain, So Goes the World. . I don't know if it's going to be Spain or Greece or California or what it's going to be, but at some point the dominoes are going to fall and we are all tied together to stop nuclear war. That's why this　-- that's why this is so bad, because people who are far smarter than you and me, without us knowing about it, tied the global economies together because that's the only way to stop a world war. They did it in the 1940's and 50's and 60's and they announced it in Tragedy and Hope, which is a book from, I think, 1962. Carroll Quigley, the guy, he was a scholar at Harvard and George Washington university. He's the guy responsible for getting Bill Clinton in as a Rhodes Scholar. He's been　-- he was an advisor for almost every President known to man and he said, I was part of it that tied it together. And the tragedy was war. The hope was we're not going to have a global war anymore. Why? Because we've tied all of our economies together so people know if there is a global war, it will sink the entire world, the entire global economy will collapse. So, it doesn't matter where it starts. It doesn't matter who caused it. What matters is what then? It doesn't matter about healthcare. I mean, it does because I believe, as I have told you before, healthcare　-- this isn't about the healthcare issue. It never has been. It is about control and power. It is about a machine that they will turn on. It is a cage.

There is a story today in the paper about moody's. It's been floating around　-- it was on the front page of the New York Times yesterday or the day before. Even I didn't catch this one line. One of my researchers said, Glenn, how come you haven't mentioned this? And I said read it to me again. What? Moody's is the ratings service. Now, remember, you've got to take moody's with a grain of salt because it's a quasi Government organization, but moody's is the one that rates credit. So, in other words, the banking credit, country wide's credit, everybody. The ratings service to say who's got good credit, who doesn't. The same kind of service that got us into this mess in the first place because they said, Oh, yeah, these CEO's, they're good. So, they're not. Do you remember when the crash first started to happen and they were, like, why were these things rated so highly? Well, because people were in bed with each other. The banks were in bed with the rating service. So, when they would come out and evaluate the value of your house, the bank put pressure on them, keep that up, keep it high, et cetera, et cetera. Well, that's what's happened with moody's now. The pressure is on to keep the American credit rating high because we can't have our credit downgraded. Why? How does this affect you? Because if they downgrade our credit, it works just like your credit card. If you have bad credit, your interest rates go up. If the we have bad credit, our interest rates on our debt will go so high, it will consume everything. You won't be able to have healthcare. You won't be able to have roads. You won't be able to have strong defense because we have to pay the interest rate. What happened when everybody's rate on an adjustable mortgage went up? People lost their house. That's what is in　-- on our horizon for our country now, but here's the line that was in that article and I've been warning against these two things for how many years? One, we will lose our credit rating if we don't turn around; Two, there is trouble on the horizon. Moody's, in the same article, we　-- the United States has made too many critical moves in the last year. They're making things worse. The situation is worse, not just because of the moves but because the worst is not behind us. It's still ahead of us, and there is a real substantial risk of the United States losing its credit rating. First fact. The second one I saw today. Because the world is so unstable, what is ahead may loosen the bonds of society.

Now, what the heck does that even mean? It will loosen the bonds of societal cohesion. What that means is civil unrest. You are seeing it already in Europe. Jerry Brown yesterday said, Now it's the union's turn to fight, so we don't have to. There is going to be societal unrest, maybe, hopefully, God help us, not in America, because if there is societal unrest at this point, we are not prepared as a people. We are going to head for a French revolution, not an American revolution. That one ended in the guillotines. That one ended horribly, because the people had a misunderstanding of what they were fighting for and God did not play the role. It was a misinterpreted God. We are not ready, do not　-- there is a story today out of Alaska from a group that says, Hey, I know, you know, we've got a long way to go, but arms are still on the table. An armed assault or an armed revolution is still on the table. It must be taken off the table. It must be taken off the table or things will end like the French revolution, which ended in Napoleon.

So, what I'm coming to you today with is you're not　-- I don't think　-- I'm not and I just told my staff today, I don't care about ratings. I don't care about money. I've got to keep the show on the air so we all are employed, but I have been saying for a long time there are many things that I believe that I shall never say but I shall never say the things that I do not believe. I am telling you today something that I have not said before but I have believed.

Time runs short. Now is the time that you shore yourself up and you stand for peace. Faith, hope, and charity. You must be the guardian of your own freedom. You must be the guardian of your own family. You must　-- if you have been standing on the sidelines in any way, shape, or form, if you've been listening every day and saying, Okay, well, I　-- you must get off of the sidelines and you must stand peacefully, even if it is just in your own home. You must begin to think the unthinkable. You must think out of the box. You must, you must look　-- prepare for the worst and hope for the best. If you are listening to the sound of my voice today, you are listening for a reason. You are here for a reason, and there's an article today in the paper about this is -- what's about to happen to us is equivalent to Pearl Harbor. It is, but it's not the event of healthcare that Pearl Harbor　-- it wasn't just December 7th. It is the years after that changed the world. Be prepared to be a peacemaker.

P.1. Big-Fat-Dum-Dummy-Racist-Paranoid-Glenn Beck Talking About.... (gasp!) HISTORY!

Health Care Battle Part of Larger War

March 19, 2010 - 1:23 ET

Watch Glenn Beck weekdays at 5p & 2a ET on Fox News Channel

Throughout the course of American history there have been, periodically, events so dramatic, so huge that they were completely life altering; they changed the way people went about their day:

• When the Founders pledged their lives, their fortunes and their sacred honor

• When the Framers signed the Constitution

• The Civil War

• Pearl Harbor

• September 11, 2001

All of these events didn't just happen to the immediate people involved. They grabbed each and every citizen at his core and forced people to reevaluate who they were and what they believed, before moving forward again.

Pearl Harbor was a hugely important day, but that wasn't the end of the story. America had a choice to make. And as everyone knows, the decisions that followed over the next few years after that deadly December 7 attack radically changed America's course.

That is what's coming.

If you think I'm talking about the health care bill, you couldn't be more wrong. The health care bill is merely a battle (and a huge battle; it may be Normandy) but it's part of a bigger war. And the war is the fundamental transformation or restoration of this country. That's the end game.

While everyone will focus on the political games surrounding the health care bill — the "Slaughter rule"; the secrecy; the arm twisting; the bribes; the lies — and they should address those things, there is something much bigger — much bigger than Obama or Bush or Clinton. We've been off track for decades and it's finally catching up with us.

How have we allowed our system to make this type of bill a possibility? Americans need to ask that question and find the answers, because even if this health care bill is stopped there will eventually be another massive corrupt bill and another and another

We have to fix the entire system. It's broken.

I read a report today that the Greece bailout deal is falling apart. Their markets tanked on the news. I read another report that said if Spain goes into default, the whole world goes into default. There was a report that barely got any news: Moody's saying that America may lose its Triple-A rating. But there was a small line at the end of the article that got even less attention — I even missed this one the first time through. This is incredible. Have you heard anyone out there focusing on this?Moody's said for America to stay a Triple-A rated country, it would require "fiscal adjustments of a magnitude that, in some cases, will test social cohesion."

Let me translate: "fiscal adjustments" — you are going to less, not more; "social cohesion" — Greece! They believe society may experience some sort of breakdown. But the fiscal adjustments must be made.

During TARP discussions, Congressman Brad Sherman said members were told if they didn't pass TARP, there would be martial law. Congressman Paul E. Kanjorski was told that without the Fed intervention of an electronic bank run, world economic collapse would have happened within 24 hours. I'd like to know: What are they being told about health care today?

Whether health care is stopped or not, world finance as we know it is going to reset. And the president knows it.

This bill is the centerpiece of progressive structure. Remember, this isn't just health care. It's a grab of all education dollars as well. This is a long-term strategy: Someone has to be standing when that evil capitalism finally fails us.

This is exactly what happened in the Soviet Union. The leaders there saw the writing on the wall. If you want the full story, read Stephen F. Cohen's "Soviet Fates and Lost Alternatives." If you don't have time, google this: the Belavezha Accords.

They knew tough times and collapse were ahead, so they prepared for it by creating a structure. But in the Soviet Union, the opposite happened: They took a step toward freedom. While we are heading the other way: Dependency on big government. Because, as I mentioned, they will tell you that the free market failed us: People don't have jobs. They will say: Come, we'll make it all better.

This is a turning point for America. We are standing at a crossroads. We have to decide who we want to be when we come out on the other side.

I'm going to tell you a story. You tell me if it's unreasonable to draw these conclusions:

The 121 Walgreen stores in Washington state won't take any new Medicaid patients, saying that filling their prescriptions is a "money-losing proposition." If they say that, what does the government do to Walgreens? If other chains do the same thing, then the government has a choice: Do they let them continue to turn away Medicaid patients or do they force them, through regulation, to accept Medicaid patients?

Well, we already know the answer to that one because we've seen it: They'll force them. And since it's a losing money proposition, the government will soon be faced with another choice: Do we let them fail or do we bail them out and nationalize the industry?

Well, we already know the answer to that one because we've already seen it: They will nationalize it. It's a cascade effect and it will happen in every industry that's deemed "too big to fail."

Take a look at the tree of liberty. Here is the side that everyone is paying attention to now:

• Spending

• Special interests

• Corruption

• Bribery

But the other side is what we need to focus more on; these are the things that got us here:

• Lies

• Arrogance

• Greed

• Ego

All of those things lead to the breakdown of personal integrity, which leads to the breakdown of the family. And it allows corruption into our lives. It's what gives us Bernie Madoff.

Again, it's important to focus on the political side of the tree; it's important. Bret Baier did an amazing job doing just that last night, as he grilled the president and held his feet to the fire. But we'll be endlessly fighting the health care battle and the cap-and-trade battle and the green jobs battle and the tax battle until we fix the system.

How do you do it? Listen to this quote on George Washington from William H. Wilbur, author of "The Making of George Washington":

"Greatness of moral character, forthright honesty, quiet modesty, thoughtful consideration for others, thoroughness, kindness, and generosity. During the American Revolution, and for more than 50 years thereafter, young Americans were inspired to attain these qualities by the vivid recollections of men who had served with George Washington."

Each and every day you must remind yourself of three words: faith, hope and charity. They are seeds on the liberty tree. And these three things have been perverted over several decades.

We must plant them again.

— Watch Glenn Beck weekdays at 5p & 2a ET on Fox News Channel