Best of the Program | Guests: Dr. Frank Tian Xie & Dr. Timothy Ball | 9/19/19
The Glenn Beck Program
Mercury Radio Arts
4.6 • 25.1K Ratings
🗓️ 19 September 2019
⏱️ 47 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hello, podcasters. It's Glenn Beck, along with Pat Ray who's been filling in for |
| 0:04.8 | Stu who is on vacation this week and we got another great show for you. We started with the |
| 0:10.5 | economy. How you feeling about the economy? Oh my gosh. Yeah. That's a real pick me up. So |
| 0:16.3 | confident in the economy. Yeah, we start with explaining what's really going on with something |
| 0:22.6 | that no one is talking about. At least in real people terms, we have that on today's program. |
| 0:29.7 | Also, is the trade war affecting us or China? We have an expert on who was born and went to |
| 0:37.5 | school in Beijing and has like way over schooled himself, but he's saying you don't understand. |
| 0:44.3 | China is on the brink of disaster. That plus do we talk to the we talked to the 12th of mom today? |
| 0:51.3 | I know we we talked about Ilana Mar the 12th mom may check in on that a couple of amazing stories |
| 0:58.3 | on that front. Plus global warming. The guy who actually proved the hockey stick was total |
| 1:06.3 | garbage. Wait until you hear how they made that hockey stick all on today's podcast. |
| 1:20.8 | You're listening to the best of the Glenn Beck program. |
| 1:28.8 | There is there is a couple of things that you really need to be aware of today. And I want to |
| 1:38.5 | take you through them. If you'll give me 25 minutes today, I promise you you're going to get more |
| 1:44.2 | out of those 25 minutes than anything else you can do today. Let me tell you about something that |
| 1:50.7 | is happening with the banks and the federal reserve that nobody is talking about. Yeah, they're |
| 1:56.8 | talking about it on CNBC, but they're talking about it in a way that it doesn't matter to you. This |
| 2:02.9 | matters a lot on Tuesday. This week, the federal reserve announced that it would offer banks an |
| 2:14.2 | overnight repo operation. Now repo is Wall Street jargon for repurchase agreement. |
| 2:23.4 | Now, when's the last time the federal reserve was repurchasing things from banks? Do you remember? |
| 2:34.4 | It was tarp. It allowed the federal reserve to go in and buy with your money, go and buy |
| 2:43.4 | different assets that were failing. Now repo is a mechanism for short term generally a one |
... |
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