Hate to Say I Told You So, But...

I've been telling you lately to stand in the truth. Because if you don't, it's only a matter of time before the truth finds you. Truth is a fire that eventually will consume everything else, so get yourself right and stand in the truth; then demand it from others and hold them accountable.

I think you get that; I think the truth matters to you. But it still doesn't matter to Washington or the media. They're continuing with the same old stuff: Everyone's bashing the Arizona immigration law without reading it. You're being told that the economy is on the rebound. You're also being told (by a congressman) that I'm scaring you into buying gold and that I'm a fear monger.

But Obama economic adviser Paul Volcker says "time is growing short" to address our economic problems. There's another stimulus act coming, only it's being called the American Jobs and Closing Tax Loopholes Act — in hopes you don't notice. It's going to add $134 billion to the deficit, breaking the "pay as you go" promise. New House Ways and Means Chairman Sander Levin justifies the deficit spending by invoking — say it with me — "emergency provisions."

But I'm the fear monger? Stand in the truth.

I wish the government jobs fairy tale were true, I really do. I'd be the first to happily admit I was wrong and fade away into obscurity. Who's telling the truth? That's for you to decide, but here's what we've talked about.

I've told you about how the stock market will continue to fluctuate and destroy wealth:


BECK: What it means is in the market of fear where everybody is right now, all of a sudden the market starts to rally and it can go up, you know, from 400 points to 4,000 points. It could just rally all the way up. But it's not real. And a bear rally then comes down and comes crashing down and destroys all of the wealth.


In the first two minutes of trading Tuesday, the Dow lost 200 points before rebounding a bit and ending down for the day 22 points, closing above 10,000. It's been spiking and dipping.

Some people say this pattern looks like Japan, a country that lost the decade of the '90s after bubble burst resulting in a massive stock crash and debt crisis. And it does, but I think it's better to look at the 1930s. We are repeating the playbook from Woodrow Wilson and FDR and we're headed for the exact same results.

Tonight, I'm going to show you where we are headed — attention liberal bloggers in basements everywhere: Please put down World of Warcraft 11 and sharpen your pencils — this all heads towards global governance.

Just like everything else I've said, they're going to say it's a conspiracy and I'm crazy. That's why, I want to bring you up to speed on some of the things that have happened in the last few weeks on the things they called "crazy" or said would never happen. In the end, one of us will have a record on the things that count on the big picture. One will have a record of being right; the other will have a record of being wildly wrong. You'll have to decide which is which.

In August of 2008, I started warning you about the union pensions and how they'd be coming for federal bailouts:


BECK: There's no way that you're going to be able to survive with these gigantic union pensions. It's just not going to happen. And so they're going to pass them off to the unions and if the unions get them, they'll pass them off to the state and then they will go all the way up to the feds...


Senator Bob Casey is now pushing a bill that, if passed, would be a $165 billion bailout for "troubled union pension funds." And they're seeking $23 billion for teachers' unions.

Remember: I'm just the crazy guy who is fear-mongering about the economy. Ask yourself: Can we afford that? Of course not, and that leads me to something else we talked about: Rationing under the health care bill.

Critics say, Oh Glenn, they would only consider that in some sort of an emergency. You mean, like a shortage of government cash? Here's what I said back in July of last year:


BECK: If you look at the chart, you will see the probability going up is the probability of intervention, getting some sort of medical treatment. You'll see if you're very, very young, or very, very old — about 55 years old — your chances of getting care is not healthy.

I want you to understand this is an emergency program. I have more amazing quotes for you coming up in the next few minutes. But I want to make it very, very clear: What these people are talking about is how to ration in the case of an emergency. They define that as a shortage, a shortage of kidneys, hospital beds or flu vaccines — a shortage. But what we have to remember is universal health care creates another shortage: a shortage of money. And when we are out of money, these people will begin making the rules governing your health care.


Completely crazy talk, right?

Obama's new nominee for administrator of the Centers for Medicare and Medicaid Services, Donald Berwick, says this: "We make those decisions all the time. The decision is not whether or not we will ration care, the decision is whether we will ration with our eyes open."

He doesn't even need an emergency excuse to justify rationing — like Rahm's brother — but there's most likely going to be one. Look at Europe. They're collapsing and guess what's being cut? Health care and pensions. They don't have enough to go around. Hmm, that sounds like rationing.

By the way, as everyone else was talking about how we should be more like Europe, as Obama was on his world apology tour apologizing that America wasn't as forward-thinking as Europe, I said this:


BECK: As world economies go down the tank and unemployment continues to rise — which some might say maybe some of these politicians actually want — the disenfranchised people are set to explode. And now, I was handed this this morning when I got into work, I have been trying to get a copy of this for a while. It is a brand new book. It is a dangerous book. It is called "The Coming Insurrection" — "The Coming Insurrection." It is, it is written by the Invisible Committee that calls for violent revolution...

They want to bring down capitalism and the Western way of life. This started in France and started to spread to countries like Greece and Iceland, where people are out of work, out of money and out of patience. Now, it's about to come here to America.


I've been saying lately that Europe has a chance of falling like dominoes. I've been called crazy for that — oh, Europe is fine Glenn!* Here it is...


BECK: So you have all of these countries going down in domino effect. We're starting to see now people are freaking out — wait a minute, wait a minute, what is happening in Europe? Apparently, their economies are all tied together. It's almost like we're all interdependent on each other.


Here's the headline from Monday's Washington Post: "One false move in Europe could set off global chain reaction."

OK, they've got part of it; there have already been about a hundred "false moves," but at least they are catching on that trouble is coming. I've been warning you about this and how Greece and other countries that fail will be pushed into a global framework. Well, the IMF is telling Greece, now that you've been bailed out, here's what you can and cannot spend. The IMF hasn't even bailed out Spain yet, but they are pressuring them for far-reaching and comprehensive reform of the country.

Europe, I hope you enjoyed sovereignty while you had it.

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