Updated

When I look at the news everyday, I wonder if it's even possible for us to unplug from common sense any more than we already have.

The one thing is that when you step back and look at the big picture, it's obvious that our politicians are either completely incompetent or dangerously evil.

Let's start in California, which, as of Wednesday, will be issuing IOUs to everyone from state contractors to college students to the disabled; $3 billion in July alone. That may work for Schwarzenegger or the weasels in Sacramento, but can construction workers or college students eat an IOU?

At least half a dozen other states face similar troubles, including Arizona, which faces a shortfall equal to almost a third of its budget.

But instead of doing the common sense thing (bringing expenses in line with revenues), the Obama administration wants these states to expand their services, particularly when it comes to health care.

You say, "But Glenn, aren't many states pushing to scale back or kill proposals to expand Medicaid?"

Maybe, but do you really think that's going to happen? Here in New York City, a third of all residents are enrolled in the program, a number that's gone way up in recent years. What politician has the spine to eliminate entitlements? And have you asked yourself if it makes any sense to push for the greatest expansion in history, even as Medicare runs out of money in eight years?

Similarly, how does it make sense when you're out of money to go to the Fed for help? It's just a giant, privately run-corporation that causes bubbles, can flood the market with money and collapse our dollar while answering to no one. How does it make common sense to not see the Fed's books? Ron Paul's "audit the Fed" bill has a majority in the House, yet Barney Frank is sitting on the bill in the House Financial Services Committee. Why? What kind of power is Barney Frank going to amass if he can enable and protect the seven most powerful people on the Federal Reserve board?

Then there's the drastically different ways our president handled two anti-American presidents. First, Iran, where we've been trying to get the ayatollah and his cronies out of there since 1979.
They rig an election, where protesters are beaten and killed in broad daylight, and Obama says nothing for two weeks. Why?

Then in Honduras, where the president tries to shred the Constitution and hijack the Republic, President Obama jumps in with Hugo Chavez, Daniel Ortega and the Castro regime in demanding that the Honduras president be restored to power. Doesn't that constitute the exact meddling he said we shouldn't engage in when it comes to Iran?

And finally there's cap-and-trade, a complete reshaping of America. It's a $4 trillion, 1,300-page bill that hardly anyone has read that's supposed to stop the polar bears from drowning. Few seem to even be considering the life-changing ramifications, if any dissenting opinion inside the government is silenced.

We'll hear from the man at the EPA who wrote the suppressed report that shows carbon dioxide has nothing to do with the Earth's temperature. You decide if he's crazy or if he's just not saying what the administration wants to hear.

• Is Beck right? CLICK HERE TO JOIN THE DEBATE

Please, please tell me I’m looking at all of this wrong. Write me, call me, tweet me. I would love to know how all of this adds up to incompetence instead of evil.

But I'm scared I'm not wrong. I go back to "The Sign of the Four", where Sherlock Holmes says, "When you have eliminated the impossible, whatever remains, however improbable, must be the truth."

The truth, however improbable, is that these aren't dumb people leading us down this road; they aren't randomly throwing darts or flipping coins. Because if they were at least once in a while a dart would hit something that was good for the country. So we must eliminate that.

So what does that leave on the table? I don't know yet, but whatever it is seems to be improbable. Unfortunately, we need to start looking at that.

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