we are open [captioning made possible by fox news channel] captioned by the national captioning institute ---www.ncicap.org--- glenn: welcome to a special edition of the glenn beck program. tonight it is summertime and we're talking to syndicated columnist thomas seoul and james williams, and buzz aldrin on his journey to the moon and beyond. also, blue collar comedian jeff foxworthy is here with his helpful tips on how to really suck at work. if you believe this country is great but we spend too much time watching crappy t.v. shows like -- well, grab a book, and come on, follow me!yog

crisis was a blast, you ain't seen nothing yet. barney frank, chairman of the house financial services committee, wants to essentially roll the dice again and lower the standards on buying condos in america. after all, we learned our lesson on the houses. god knows -- what? he has asked freddie and fannie to roll back the pesky financial guidelines, because those rules, quote, may be too onerous. dr. thomas seoul is the author of "housing boom and bust," and joins me now. dr. sowell, welcome, sir. >> he might well win, because when you think about it, there is no reason for him to learn any lesson from any of this. i have no doubt that he will be re-elected. he gets credit for helping particular classes of people, and when the foreclosures

come, he is able to blame somebody else. glenn: so how does this end when we are a bailout nation? how does this end when we don't learn our lessons? >> well, people do learn their lesson in the marketplace. unfortunately, there's no incentive for a politician to learn a lesson. what barney frank is advocating, which is to say lowering the lending standards so more people can have homeownership, that has been tried as far back as the 1920's by the republicans and in the 1930's by the democrats and after world war ii by both parties an foreclosure rates went up, and nobody advocated those lower lending standards was ever punished politically. >> glenn: i saw the interview with bill o'reilly and barney frank, and barney frank actually -- i mean, he actually said, well, there wasn't enough regulation.

that was the problem, and bill o'reilly said you were the one who is saying we should lower the standards. he said that's absolutely untrue. how responsible is barney frank and freddie and fannie for what we're going through right now? >> more so than probably anyone else connected with all of this. the banks did not choose to lower the lending standards. the government leaned on them. the justice department under clinton threatened them with prosecution if their lending patterns didn't suit the government, so we had regulations. it was precisely the regulators who pushed the lower lending standards just as barney frank is doing now, and that's at the heart of the financial crisis we're going through now. glenn: so we're not learning our lesson. this week everybody celebrated, as, in a way they should. bernie madoff is a crook, a criminal, destroyed people's lives, but everybody was wanting blood from him and nobody is even looking at

freddie and fannie and the fact that there is no new regulation there. could you design a coming collapse any better than what we're doing now in our country by bailing everybody out, not holding the right people responsible, by ignoring the problems in congress? >> i don't think anybody could have designed something that was more destined for disaster. this is not hindsight. long before the housing bubble burst, all kinds of people, in london, washington, wall street, and i even did açó piece in the "wall street journal" saying this thing could lead to a collapse like a house of cards, so all sorts of people warned for a very long time. barney frank brushed aside all those people. he said if we overemphasize safety, then we won't get affordable housing. glenn: but i'm asking you now.

i don't think we're even coming out. i think this is a false bottom in this market, in our economy right now. we're not even really coming out of it. we just kind of appear to be stabilized a bit, and yet we're repeating the same mistakes except on a national level now with our own treasury. i'm talking about could you design the collapse of our country any better than what we're doing today, not what we did yesterday, but what we're doing right now? >> oh, absolutely not. i mean, time and time again, when you lower the standards, that has led to more foreclosures, and because of the way freddie and fannie operate, the lenders have little incentive to worry about whether the loans are safe. in other words, you lend to somebody, and then you sell the mortgage to fannie mae and freddie mac, and it becomes their problem, which means ultimately it becomes the

taxpayers' problem. glenn: we're now talking about erasing student loans, that if you have a student loan, and you can't pay it within 20 years, they just erase it. i mean, what do you mean you just erase it? you don't just erase money. somebody paid for it, and that is going to be the taxpayer. my mother used to say, money doesn't grow on trees. i think they actually think in washington that money does grow on trees. >> at least at the federal reserve. glenn: are you are at all convinced that we are through this? i keep hearing on t.v. about the green chute. >> absolutely not much we are not through the huge amount of spending. we have only spent 6% of this money so far. when the other 894 -- 94% of

that money gets out there, i would be enormously surprised if we don't see a tremendous amount of inflation. dr. sowell it is great to see you. thanks for always hard work you put into your book. if you haven't read it, you should. it is an easy way to understand exactly how this happened, and who is responsible, and it is a little bit of everybody. housing boom and bust, dr. thomas sowell. thanks. when i was 18, i hadn't really read any books except what the teacher told me i needed to read, and then i read sherlock holmes and i think i read it because i thought it was the only good book out there. i think i read it three times. now i read about three books a week. it is rare to come across a book that is just right in the pocket. this, if you're looking for a summer book, great summer read, look no further. a new thriller hitting the book stores that will keep you

on the edge of your seat. it is james rollins, by the way. thank you for being here. >> thank you. glenn: i read a a review that you don't write books as much as you build rollercoasters. >> that's right. glenn: you serialized the indiana jones books. i started reading this and it almost feels like a a combination of the da vinci code and national treasurer and indiana jones. >> i'm always looking for a bit of history that ends in a question mark or a what if and try to smash those two together. sometimes a good story ends up on the plate, other times not so much. glenn: this one starts with a prophecy of the popes, 111 popes. >> 112. it goes back to the 12th century irish saint prophecy. his name was saint malachi, a famous saint in ireland, one step down from saint patrick, and he was on a pilgrimage to

rome and had a vision where he saw all the popes from the 12th century all the way until the end of the world. he wrote a script for each of the popes. each of the descriptions ended up being accurate. >> pope benedict is described as the glory of the ol vives. where he got his name was from a benedict even order whose symbol is the olive branch. even up to that pope, it was accurate. what is scary is that pope benedict is the 111th pope on his list. the very next pope, according to saint malachi is the pope that is going to see the world end. glenn: seriously, doesn't this show just bring you up? yeah, noth another week and we're all going to die! you also get into there is a scene towards the beginning, a jungle scene where they're trying to grow food, hybrid

food, which scares the crap out of me, and it should. >> most people don't know this. i did a lot of research. i am going to write a book on the doomsday, how is the world going to end. i did research on genetically modified plants, corn, wheat, and some disturbing stuff i ended up discovering. one example, out of the 40 or so crops approved to be groin on u.s. soil, only 8 have published safety studies y should you be concerned about that? once you cast those seeds out to the environment, you lose all control. wind blows. the pollen around. rain. glenn: cross pollination. >> yep. they found plants that have been genetically grown 30 miles from test fields. glenn: which is scary. we also have done testing with corn. did they plant the corn that had the contraceptive in it? >> yes. in 2001, a company developed a corn strain that had a

genetically engineered contraceptive built into it. if you ate the corn, it lowered your fertility. the question is why would they do that? what was the advantage of building a corn that has a contraceptive agent? that intrigued me, and i came upon this great quote from henry kissinger. he said if you control oil, you control nations, which makes sense, but if you control food, you can control all the people of the world. he firmly believed that. it makes you wonder about this, what they're doing with the genetically modified corn and plants, with the contraceptive, who is trying to control what? glenn: i like to read books, and it is like, oh, i was up all night. this one is "the doomsday key." a great summer read. thank you very much. i wrote that book and you wrote this one. what a coincidence that we're both here! what comes to mind when you think of barney frank?

ok. keep that one to yourself. what comes to mind is acorn. frank has been one of the group's most vocal cheerleaders despite the accusations of criminality piling up against acorn. tonight, we look at the next chapter in our acorn series. this time, we're taking a trip around the world. fasten your seatbelts. acorn's founder and former c.e.o. already conquered america. now wade rathke has moved on to the rest of the planet. india. peru. argentina. mexico. canada. dominican republic. kenya. korea. the philippines and indonesia. all countries rathke's organized citizens in as chief organizer of community organizations international, formerly known as acorn international. why the name change? rathke writes this on his chief organizer blog, quote, changing our name, especially in the u.s., not to be

confused with acorn. i know of no plans whatsoever for acorn to change its name, but you'd have to ask them, end quote. rathke was likely pressured by acorn to rebrand because it doesn't want to be associated with him anymore, at least publicly. remember, wade was fired last year after an 8-year coverup of his brother dale's million dollar embezzlement. his wife, however, beth butler, remains on acorn's senior staff, and both of their two children now work for the organization. name change or not, the group formerly known as acorn international remains an acorn entity, and if allegations are true that money is being funneled between the 200 acorn affiliates than ath i can still has access to -- then rathke still has access to american taxpayer dollars. rathke is called a, quote, organizational genius who, deliberately designed the

acorn network to be a complex maze of affiliates, end quote. he says rathke is the only person who knows how it all works but cci may have a clue as well. >> cci, citizens consulting inc. is basically the financial nerve center for acorn and all its entities. >> michael mccray and charles turner, two former board members, who have sued cci to open its books. turner calls it one giant shell game. >> this is a shell-based game. acorn has over 200 different entities that the money is just moved around to, from this person to that person, from this organization to that organization. we believe that the money the money has been moved around, they have been laundering money. >> rathke's community organizations international has now reached ten nations and isn't stopping there. this past week, the notorious organizer made his way to the land of organized crime, italy.

rathke has been tweeting about his trips on twitter. here is a tweet from sicily. people want to learn our model and organize. well, what is that model? it was designed by two columbia university social ol ists named cloward and piven they inspired the national welfare rights movement that rathke joined. their philosophy, you can foment real social change if you break the backs of government by demanding too much, hence, destablizing and reestablishing another government. rathke has been encouraging citizens of noth other nations to shake down banks like he does with acorn back here at home. the shakedowns here played a pivotal role in the collapse of the housing market which led to the near collapse of our economy. a current acorn member believes they approach disenfranchised people, give them a false premise,

inaccurate information, and motivate them to attack something. the member says this time it is industry. the next time, it is the american constitution. on his blog, rathke responded to the recent string of negative coverage of him in the media saying, quote, i'm just an organizer of lower-income families. i'm not someone on either side of the fence with an ax to grind. so now, what a surprise, he's claiming to be the victim. one thing we do know for sure is that rathke isn't just an organizer of lower-income families. he is also someone who has admitted to covering up the theft of money from the same people he says he is trying to help. oh, and by the way, he never went to jail for it. coming up, astronaut buzz aldrin is here and he will tell us about his journey to the moon and the future of space exploration. what's the next frontier? find out, next.

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glenn: july 20 marks 40 jeers since buzz aldrin and neil armstrong made history by becoming the first humans to walk on the moon. in his new book, desolate journey, the long journey home from the moon" buzz aldrin opens up about his walk on the moon and the hardships he came back to on earth. good to see you, sir. >> thank you. glenn: before we talk about the things currently going on with nasa and going up to the moon and everything else, you and i had lunch, what was it, two years ago? >> i think so. glenn: and i was fascinated -- we're both recovering alcoholics. >> right, right. glenn: and fascinated because i had never thought of when you go to the moon, there isn't really anything that beats that experience, you know what i mean? you go to the moon, and you're

like, man, i walked on that. you really had a hard time coming back topping that, right? >> you know, wouldn't say it it is the trip to the moon and back. its was the fact that i was so structured, young, 17, going to west point, very structured life, in the air force, in combat, then other tours, supersonic fighters, nuclear weapon delivery into eastern europe, m.i.t. is pretty structured after being away from education, working on a doctor's degree, choosing just the right subject, getting into nasa. glenn: my gosh. how old were you when you went to the moon? >> 39. it was a pret try active life up to that point. glenn: when you were on the moon did you think as a joke,

i'm going to close the hatch and say see ya? >> no! glenn: we just sent what looked a rocket to the moon. >> it is pretty new. it is one of the air force rockets for eelb's, and it may deliver some humans, hopefully , in a runway landing it has russian engines on it. >> it does not! >> yes, it does, but that's another story. glenn: why are we are going to the moon? >> well, because it looked as though when we got to a fork in the road caused by the columbia accident, which left us with only three orbiters, we had to make a change. before that accident, we were going to fly to 20, 2025, but

immediately after that, it is going to change. we only have three, so the name of the game is to retire the orbiter as soon as possible, finish the space station. that's our commitment, and then see how rapidly we can transition. glenn: is there a staging area to go to, like, mars? >> it is space exploration. it is lower orbit, which we have been doing for a long time. glenn: but you think we should go to mars. >> yes. glenn: why? >> because the pathway to the moon that we have chartered out has caused me and a number of other people to think that maybe the implementation that we have right now and the cost of doing that with two boosters, not one, and a big lander, it puts us in a position of very expensive resource consuming activity of

developing these -- quite new. they are not shuttle derived particularly. they deev kuwaited -- they deviated on the two boosters we had. the lander looks like before but much, much bigger, and it doesn't really contribute to mars' landings in the future. i don't see where going to the moon right now really contributes that much. sure, there is going to be long duration stays, six months, but when you go to mars, you got to stay for a year and a half if you're not going to be staying even longer than that as a permanent settlement. glenn: would you go to mars? >> i'm not the type for long durations. glenn: what does that mean? >> i'm just learning that i have a personality that inquires and looks into things, and probably -- glenn: i'd go insane.

>> yeah, right. they are just crowd mixers. they are real close mixers. i'm a short duration guy, but that doesn't mean i don't know what it takes and aware of the personalities that are needed, and the number of people that, if asked, would really just love to go to mars and make it a career out of themselves, well, i think that they are just like pilgrims on the mayflower that didn't hang around plymouth rock looking for the return trip. glenn: right. >> we need to start thinking about a commitment to permanence on mars. if we're not really ready to do that, then i don't think we're ready to spend all that money to really go anywhere, and i'd like to see us lead by helping the internationals who want to send their humans to

the moon, and we can send our robots and take advantage of development of commercial products of sorts, and pay for habitation. glenn: i have to tell you, it is a great book, by the way. it is great to know your life story. it is always a thrill to see you, sir. >> 30 years. glenn: congratulations, 30 years. congratulations. god bless. >> thank you. glenn: thank you. glenn: thank you. back in a second.

♪ every day is so wonderful ♪ then suddenly, it's hard to breathe. ♪ ♪ now and then, i get insecure ♪ from all the pain, i'm so ashamed.♪ would it be okay if i sat here? ♪ i am beautiful, no matter what they say...♪ is she serious?

whatever! new girl! ♪ i am beautiful, in every single way ... ♪ ♪ words can't bring me down, oh no, oh... ♪ ♪ don't you bring me down today... ♪

join me at 6:00 eastern. now back to glenn beck. glenn: hello, america. here is the hot list tonight. some common sense solutions to the stories where the mainstream media is not doing their job. it is another case where there may be a little bit of corruption going on, at the very least, something just doesn't feel right, and i have a little rumbling in my tummy. hawaii's fourth largest bank, central pacific financial is,

in such bad shape that it has lost nearly 08% of its value in the last two years. the fdic already decided, wier not going to give you money. they didn't meet the criteria for tarp money. then 2 w50ebgs after snab from senator daniel inouye's office, you know just called in and checked on the status, central pacific announced, lo and behold, they're getting the $135 million from tarp. now, i'm sure that was on the up and up. after all, many lawmakers have worked to get money for the banks in their home states. also, 33 senators own shares in banks that got tarp. yeah, let me say that again, so nothing could be wrong. 33 senators own shares in banks that got tarp money, but inouye is the only one that stepped in on the bank's behalf. it is also a little different because inouye's personal ties to the bank, he started the bank and then 2/3 of his total

assets are locked into the bank, as much as $700,000 as of 2007, but, you know, no big deal, i mean, he is a world war ii veteran and then he came home and founded the bank in 1954. why would the treasury not want to help that bank out, you know? why would they suddenly decide to prove this bank when 1,600 applications went through and only 266 others got money? according to a statement, inouye's staffer said, quote, he just simply left a voice mail, just to see if the fdic got the bank's application. really? for $135 million, that must have been quite a voice mail. hey, did you get it? now, another case of tit for tat that is happening, america is about to get more than a 34% share of citigroup. part of the latest are rescue. now, since we own citigroup, i was hoping that we would all

get cards, you know, get a credit card out of it, you know, i'm an owner, a little something extra for our effort and our tax dollars. i mean, did you work for those dollars you sent in. citigroup has increased the interest rates now. congratulations! you're an owner! and 15 million credit cardholders got an average of 24% increase. that's 3 percentage points. isn't that great? maybe it's not so good. it happened in the last three months. they did it just before the laws aimed at stopping these practices go into effect. after the financial times broke the story, citigroup responded saying, what? we just suggested the pricing in the card term for some of the customers as part of our regular account reviews. really? whether citi raised the rates because of previous bad ideas or because it was trying to sneak it in before the law

started, it's exactly the kind of thank you that i think we can expect, you know, now that the government is in business with banking. the federal government also apparently sick of california's budget problems. oh, they just fit to be tied. i can't take it anymore. they just want somebody to do something. they want to solve it. so what is the federal government doing? well, the clowns in sacremento closed state parks -- state parks -- to try to save money and balance the budget. the federal government has now said, hey, by the way, we're going to have to take those parks over, and we may also have to take the land. just saying. in may, governor schwarzneggar proposed closing 220 state parks to save $143 million. i don't know if you remember this, but the state is facing a $24 billion budget deficit. i think the people in california can just hang out without the park for a little while! they are going to be forced to let out all of the rapists out of the prisons.

the kids are going to grow up and unionize schools and they will be brain dead and the next thing they will be forced to join the military, so all things considered, closing the park might be a better way to go, but no. no. not to the federal government, who is here to help. the national parks service takes over the state parks. it amounts to nothing more than a gigantic land grab. california, here is an idea. while you still have control, say no thanks to the federal government, and sell the parks to a private company, or what do you say there's got to be some conservationist out there who would just love -- no, nobody in california has any money left anymore. i don't know. you will have to call barbara streisand, make sure all that timber and posh real estate will help you balance the budget. quick. sell it before they take it from you. like california, many other

states, new york is struggling to make ends meet. yeah. new york is in big trouble. we found a way that they can save 65 million dollars. $65 million. fire the 700 teachers who are prayed to literally do nothing. yeah. you heard me right. it is impossible to fire teachers in new york, because they have tenure, and so the public school teachers accused of offenses ranging from insubordination to sexual mis conduct are housed for stints of months to as many as five or six years waiting. they're just waiting. they collect their full salary of $70,000 or more, and they're forced to do the hard labor. they have to sit around all day.

it sun bearable, playing scrabble, writing novels, painting portraits. it's crazy. don't worry, they do get the break just like their colleagues. their contract gives them a full summer vacation as well as weekends off from their time doing nothing. how is that working out for you, new york? the media often misses major connections because it doesn't see how all the stories are related. they don't see any of the connections. i do. year's breaking things down now on this program in a nutshell. seiu, in a nutshell. why is the service employees international union leading the charge in healthcare reform? well, let's start with andy stern, the head of seiu, who visits the white house once a week, when the president met privately with the healthcare industry, only stern and one other seiu official were there representing labor, but why does the seiu get so much display with the president? maybe because their union

spent $60 million to help get him elected. stern says they deployed 100,000 volunteers during the campaign, including 3,000 who worked on the campaign full-time. their relationship is fostered not only through stern's close contacts but in placing members of his union in high posts in the administration. for example, white house political director patrick gasper is a former seiu executive out of new york. there is another powerful connection. members of its local chapters share goals an office space with none other than acorn. seiu, acorn, and obama. branches of the same tree, and that's seiu in a nutshell. coming up, jeff foxworthy gives us tips on how to really stink at work. don't miss it. it's coming up. look me in the eye, america. here is your cigarettes. take them and be quiet for a

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glenn: i'm sitting here with a note card that says jeff foxworthy is one of the most successful comedians in america. i believe he is the most successful comedian in america, the largest selling comedy artist in history, author of 20 books, stars of the blue comedy tour and movies and host of "are you smarter than a fifth grader." jeff foxworthy, when do you sleep, man? >> i have a good life, man. nobody has caught on yet. glenn: you don't do any of this stuff, do you? you have a guy that looks like you do all this stuff and you kick back. >> no, i still enjoy t i really feel blessed that i have gotten to do a lot of

different things creatively. it is always stimulating. glenn: i notice now, for a busy guy, it's interesting that you would write the book "how to really stink at work." >> let me tell you how i got started. it was a writer on blue collar t.v. and he said "knowing you as a comedian, i cannot fathom that you worked at i.b.m. for five years. " i said "no, i was at i.b.m. for five years. i don't know how much work i did," because no matter what job i ever did, we found ways to amuse ourselves. at i.b.m. we had a boss that loved to ciewz the office and look over your shoulder. every time he would come out of his office, we would wait until he got 30 feet out of his office and & dial his phone. he would walk back to answer it and we would wait until he got to the desk and then hang up. we did it 20 times a day and he never caught on. glenn: what did you do at i.b.m.? >> i started out in dispatch,

answering customer phone calls an for the last four years i carry add tool bag and fixed machines, the the hardware on the big mainframe computers. glenn: wow. you were good at that? >> it's a good thing i'm doing this! glenn: when did you get into comedy? did you do that at the same time you were fixing computers? >> well, a bunch of guys i worked with would always go down to the comedy club, the bunch line in atlanta and they would say you're funnier than the people down there, so i did it on a dare, and they were having a contest and i went down and had no idea what i was doing, entered the contest and i won it. i knew two minutes into it, i was, like, this is what i want to do. i quit my job at i.b.m. my parents thought i had lost my mind. my mother was, like, are you on drugs? i'm, like, no, i just want to try this. five years later i was on johnny carson. glenn: you say you quit your

job. you told me earlier you didn't work there, you were just paid from there. you stop collecting money from i.b.m. >> exactly. i was getting a paycheck! glenn: so you didn't always want to be a comedian? >> well, you know, it's funny when you talk to the people i grew up with, nobody is surprised that this is what i do, because i think i was -- i knew from an early age i could make people laugh. i just didn't know you could get paid for it. the best note i ever got backstage, the first time i played the fox theater in atlanta, somebody brought me a note and it was from my high school principal and it said "i cannot believe i'm shelling out money to hear the same kind of stuff i used to try to put a stop to." i framed it. it is in my office. glenn: we will be back with jeff foxworthy. the name of the book "how to really stink at work." like i really need to read it? do you watch this show?

>> they're going to just keep printing money until it's worthless. oh! there she blows!

>> you're a redneck idol at this point. glenn: that's joey chestnut from "are you smarter than a fifth grader?" you're a machine! >> you're a machine. you do the daily thing, the weekend thing and now you're trying to steal my job out doing standup comedy. glenn: that's me stealing your job. since you brought that up, i want to ask you, the reviews that came out -- oh, they were good. they attacked my audience, just as much as me. they attacked the audience like they're just a bunch of stupid idiots that go and, you

know, went and watched me. i don't know. i didn't talk to them. i'm sure -- no, i'm kidding. do they attack your audience as well, because i know you're just -- you know, you're just a hick. you have no talent, too. >> oh, yeah, well, your first mistake was you read your reviews. we call it the same thing on the blue collar tour, for the few negative reviews we get, they were making fun of people in the audience. the great thing about this country is that you have -- everybody can have an opinion, and you certainly don't have to agree with them. glenn: let me ask you this, stay on comedy with me for a second. the david letterman thing. i mean, i don't want a joke czar, you know. it was a bad joke, a stupid joke. he apologized for it. i think sarah palin won in this thing, and i think we need to stay off of people's families. i don't care if it's left, right, or who the person s we don't make fun of their

families. >> i agree with you. letterman made a mistake. dave should have thrown that joke out in rehearsal that day. i'm a comedian, but i have teenaged daughters a joke about a 30-year-old girl having sex with a teenager whether it is 14, 17 or 18 is not funny. the bottom line is forgiveness. when you apologize, people have to forgive you. glenn: thank you very much, jeff. the name of the book, again, is "how to really stink at work." jeffffffffffffffffff

glenn: my new book "common sense, the case against an out-of-control government" is number one on "the new york times" best-seller list, number one on u.s.a. today's list as well. thank you for buying it. don't keep it on the shelf. when you're done, please pass it on to somebody else and have them pass it on as well. this is the -- this is the time to make sure we are aware and awake enough to take our country back. it's in bookstores right now, and you can also get the d.v.d. a day in the life of glenn beck if you buy two more on that at our website, glennbeck.com. also, for more commentary on the news of the day, sign up for my free e-mail newsletter at glenn beck.com. set your tivos and watch the show all week. from new york, good night, america.