TERRIFYING: Campus Protests Backed by Hamas-Tied Organizations | Guests: Sen. JD Vance & Ryan Mauro | 5/7/24
May 7, 2024
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Sen. JD Vance and Ryan Mauro discuss the anti-Israel protests on college campuses linked to Hamas. Glenn Beck warns of the dangers of government control. Carol Roth explains stagflation in the economy. Glenn and Stu mention final VP candidates.
Stagflation poses challenges with low growth and high inflation, affecting wages and prices.
Inflation decreases monetary value, impacting purchasing power and disproportionately affecting middle class.
Modern Monetary Theory's unlimited money printing raises concerns with flawed economic assumptions.
Federal Reserve's quantitative tightening shifts policy towards reducing balance sheet to influence economic conditions.
Deep dives
Economic Indicators and Stagflation Concerns
Recent economic data, including a lower-than-expected jobs report and a slowdown in GDP growth, raise concerns about stagflation. Stagflation is the combination of low economic growth and high inflation, posing challenges for individuals with stagnant wages and rising prices. The government's efforts to stimulate the economy through deficit spending have not yielded the desired results, pointing towards potential long-term inflationary pressures.
Inflation and Money Value
Inflation, a key concern amidst economic challenges, signals increased prices without commensurate growth in wages or economic activity. Money serves as a proxy for productivity and labor, reflecting the value of goods and services. As the government continues to print money without corresponding economic growth, the value of each monetary unit decreases, impacting the purchasing power of individuals and disproportionately affecting the middle and working class.
Modern Monetary Theory and Government Economics Advisor
The unorthodox economic theory known as Modern Monetary Theory (MMT), which suggests unlimited money printing, has gained attention despite its flawed assumptions. Joe Biden's economic advisor's inability to coherently discuss critical economic concepts raises questions about understanding fiscal realities. MMT proponents tout this approach, but its detachment from economic principles undermines sound policy decisions.
Quantitative Tightening and Federal Reserve Policy
The Federal Reserve's lesser-known project, quantitative tightening (QT), involves reducing its balance sheet by selling off treasury bonds and mortgage-backed securities. Described as a colossal transformation and poorly understood, QT signals a shift from accommodative to tightening monetary policy. As interest rates remain static, QT serves as a nuanced tool to influence economic conditions and market expectations.
Majority of Americans Want Disney to Return to Family-Friendly Entertainment
A new poll reveals that a significant 71% of Americans overwhelmingly prefer for Disney to go back to family-friendly wholesome entertainment rather than continuing with programming focused on sexuality. Over half strongly support this idea, with 22% disagreeing and 10% strongly disagreeing, indicating a small minority that disagrees with the majority sentiment.
Historical Context of Psychiatry's Approach to Gender Dysphoria
Miriam Grossman, a psychiatrist specializing in gender dysphoria, highlights the shift in psychiatry's approach to gender dysphoria over the last decade. The American Psychiatric Association reclassified gender dysphoria as an unhappiness with one's sex rather than a disorder. This pivotal change marked a significant shift in the field of psychiatry.
Implications of WPATH and the Evolution of Gender Dysphoria Treatment
Miriam Grossman discusses WPATH, the World Professional Association for Transgender Health, and the impact of ideology on its evolution. The organization played a central role in reshaping the treatment and perception of gender dysphoria. Despite previous psychiatric classifications, gender dysphoria is no longer considered a disorder, contributing to a paradigm shift in the understanding and management of this condition.
Glenn warns his audience of the dangers that come when a government has complete control and power. Pat Gray joins Glenn and Stu to discuss one of Jeffrey Epstein's little black books going up for auction and Epstein's possible ties to the U.S. government. Former investment banker Carol Roth joins to explain the truth of "stagflation" and whether America's economy has reached that terrifying point. Glenn and Stu discuss the various final candidates who are in the running to be Donald Trump's vice president. Sen. J.D. Vance (R-Ohio) joins to discuss Donald Trump's "hush money" trial and the kangaroo court it's taking place in. Counterterrorism expert Ryan Mauro joins to discuss how the anti-Israel protests plaguing college campuses appear to be backed by organizations that support Hamas. Glenn reacts to some wild statements Maxine Waters and Gov. Kathy Hochul made recently.