voted with president obama on the stimulus or cap and trade, i think they will take her. stuart: thank you he very much, bill. glenn beck is next. [captioning made possible by fox news channel] captioned by the national captioning institute ---www.ncicap.org--- >> three, two, one, beck! glenn: tonight everyone is talking about sonia sotomayor's confirmation hearings. what else is america missing now? a lot! then, california is turning on the public pensioners who get six-figure bonuses, but who is really at fault here, and global government, when it comes to currency, climate change and so much more. i'll explain how we are quickly becoming slaves to the rest of the world. if you believe this country is great but the government is just trying to overwhelm us with too many things at once, it is time to get some perspective. stand up! come on, follow me.

hello, america. the postman brought me a package! i can't wait! we'll get to that in a while. the media has another barrier being broken, and maybe more important stories are being missed, and yes, the media does stink on ice, i know, but this time, it is not necessarily their fault. here is the one thing tonight. the president is pulling a page from the community organizing playbook. he is overwhelming the system yet again. he is simultaneously dumping huge agenda items into the system, even if the media wanted to cover each of the big stories that happen every day, we wouldn't be able to devote enough time to do it. every day, i swear to you, i read the newspaper, i get in, get my briefing and have to pick the stories and it is

like sophie's choice. which one gets on to the train and which one stays behind? so, instead, we snuck in and watched yet another pathetic confirmation hearing. sure, sotomayor is a big story, but the prevailing wisdom is that she's going to pass without little issue, all right, so why are we wasting all of this time covering these agonizing speeches, poorly disguised as questions, that serve only to give more t.v. space time for slimy politicians? it is misdirection. while america watches sonia sotomayor get compliments on her latinoness from democrats an predictable complaints from republicans, we miss things. what is happening today? well, how about a second stimulus package? even though president obama says the first stimulus package is -- or oh, it wasn't working as intended? really, if 9.5% unemployment

is working as intended, what would happen if the stimulus didn't work, and by the way, as i will explain later, i think he is telling the truth. it is working exactly as he intended, and if it is working in a positive way, why would we need a second one, if the first one is working? i guess we will never know, but, hey, a wise latina is going to be on the supreme court and another barrier is broken. by the way, you will stay in the dark about how world powers are now moving away from the u.s. dollar. look at this picture from the president of the russia holding up what he says is future world currency. it was minted in brussels, the motto on the coin "unity in diversity." barf. nothing on the collapsing dollar, but we do get to learn about the trials and tribulations of sonia sotomayor's life, like, did you know she enjoys reading

nancy drew novels? it's true. i heard them talk about it today. why waste the time following stories like al gore saying that the u.s. climate bill, cap and trade, will help bring about global governance. why mention that obama is picked to head the environmental division at the department of justice is from g.e. wait a minute. g.e. oh, yeah, sure, she defended g.e. in pollution lawsuits an g.e. is trying to get stimulus money for their eco-imagination clean energy project, but, hey, there's no way government and business are just fusing together, right? get off that gravy train. there is a wise latina heading for the supreme court, and she's so empathetic. oh, i almost forgot. ignore president obama's meeting today. it happened about 1:00, that's when stone ya sotomayor was -- sonia sotomayor was there, doing this, you know, listening to the politicians. meanwhile, the president was meeting with some people himself in the white house.

he was going over his healthcare agenda trying to get new ideas. he was meeting with labor unions. yeah, yeah. democrats, by the way, also just happened today to be getting out all the details on their healthcare reform package. wow, what are the odds that all of these happened today >> it's so weird. it's like they're trying to overwhelm the system. there is not enough time in the day to fully cover that our community organizer in chief is pushing through. even though congress doesn't even have the time to read these things before they sign them, they're passing them. he's overwhelming the system, and on top of that, they're rushing things through by giving it a title of some sort of emergency. everything is an emergency. act now! avoid total economic collapse! 4 million armed pitless kids are without healthcare, not doing the enormous package no one has read is no longer an option. it is a calculated tactic

right out of sol lynnski's "rules for radicals." if you don't know it, read it. what does america look like when all of this is done? >> well, we are trying to pack the show with as much as we can, because it's an emergency now, and you have got to watch this show or your children may be killed by clowns beating them to death with giant clown shoes. it's an emergency, don't go anywhere! let's start in washington and find out from andrew mccarthy, a senior fellow at national review institute and contributing editor of the national review and author of "willful blindness, a member of jihad." tell me, what exactly happened today besides a bunch of politicians giving speechs? >> i didn't know you were going to ask me questions? glenn: i could go on with a ten-minute monologue and you could say thank you. >> it was a series of

monologues that went on for four or six hours with commercial breaks. glenn: with commercial breaks. are you are seeing anybody set up the case here that that this woman is a trojan horse. she has been saying that the courts are the place that you make law. that is exactly the opposite of what she said today in her opening statement. is anybody making the case here? >> yeah, i think senator sessions, in particular, i thought, started to make that case. i think a lot of people put down markers today for what the questioning will loob look like in the next day or two. really what it comes down to is she the sotomayor of her legal opinions, which are fairly run of the mill and mainstream. >> she was boxed in. >> right. glenn: she was boxed in by what the supreme court said. now if she is on the supreme

court, she is no longer boxed in by that. >> that's why her speeches are voe important here. in a speech context, she's not hemmed in by precedence. she's not hemmed in by facts. she is a sotomayor completely unrestrained. glenn: and the fear is? >> that's who she will be when she is on the supreme court. glenn: america, i want to you watch this. as our country burns to the ground, because we have all this stuff going on, this is the questioning -- get ready, because it is a hard line of questioning. here is what happened. here is what our senators were doing today. watch this. >> you are, indeed, a very special woman. you have overcome adversity and disadvantage. you have grown in strength and determination, and you have achieved respect and admiration for what has been a brilliant legal and judicial career. >> our presence today here is about a nominee who is well qualified for experience on

the district court and appellate court benches that is unmatched. >> i loved the story about how your mom saved all the her money to buy you and your brother the first set of encyclopedias in the neighborhood. >> you are the most experienced nominee to the supreme court in 100 years. after meeting you in my office last week, i know that you're not just an outstanding jurist, but an exceptional individual. >> now, unless you have a complete meltdown, you're going to get confirmed. i don't think you will. >> i mean, you've got so much to go here. first of all, does anybody remember when lindsey graham wasn't a worm? this is like a cartoon show. senator al franken is sitting there. the world is upside-down, where they're praising this woman who is one of the most overturned appellate court judges out there, right? >> well, certainly in

connection with a few of her cases that have actually been looked at by the supreme court. glenn: she is like the ninth circuit court of appeals in a dress. >> or in a robe, but she is batting under .500, that's for sure, on the cases they have actually looked at and even in some of the cases that they ruled that reached the same result, they did. they criticized her reasoning and got there by a different ruin. glenn: let me bring in wayne lapierre, chief executive officer of the n.r.a. and we have known each0ther a cup of couple of years. i care about the constitution and states rights. are you concerned? i noticed you guys haven't said, hey, let's confirm her, but your you also don't seem to be strongly against her. am i reading that wrong? >> yeah, i think you're reading it wrong. let me tell you where we are. second amendment supporters all over the country fear what's around the corner.

they know president obama's past record. glenn: but what about her? >> that's what i'm getting to. what we're doing, we have very serious concerns about this nomination. i don't want anybody to put an absolute second amendment supporter on the supreme court. we have worked with the senators for weeks to plant very tough questions with them, to encourage them to ask the questions. glenn: what is the number one question that she needs to answer? >> well, there's two key cases to start with. in the sanchez case, she ruled that the second amendment was not a fundamental core right. the other big case, the maloney case, she ruled that it didn't apply to individuals everywhere, so these questions need to be asked, and i will tell you this from the n.r.a. because we're going to stand unflinchingly for the second amendment. if she is evasive, if she does not une unequivocally support the second amendment, we will oppose this nomination. glenn: what does that mean,

wayne? they've got 60 senators on the democratic side, you know, they're not afraid. there are a few democrats that, you know, and n.r.a. members, there is a lot of democrats, but in congress, there are a few democrats that n.r.a. members. do you really think that you could stop this? >> you know, the american public overwhelmingly favors its freedom. they know it is a core fundamental right. i mean, the second amendment, my gosh, it has more reason than any other freedom applied to every citizen of the country. going back to king george, when -- i mean, the founding fathers wanted this country never to live under that type of oppression again. they wrote the second amendment into the bill of rights. after the civil war, when they started enacting the black codes to say that freed slaves couldn't preach and be educated and travel and have the right to own a firearm to protect themselves from the klan, congress stepped in and not only passed the 14th

amendment but the free man's act saying that every american has the right to own a firearm. after world war ii, when they requisitions property for world war ii, they said you couldn't go into people's rights and take their firearms because it was an individual constitutional right. the second amendment has a text actual context but also has the une unequivocal support of a coequal branch of government as an individual right. glenn: wayne, sorry to interrupt you, but would you say that our president or our government's stock market really is gun sales, that when gun sales go down -- everybody wants to say, well, i protect guns for hunters, even though, i mean, look, i came from a family of hunters. i get it. the founding fathers weren't like, well, we might want to go out and shoot some squirrel. they did it because of an out-of-control government, and as gun sales go up, that's

because we don't trust the government. that is the fundamental guttural understanding of the second amendment. people don't trust the government. they go out and buy a gun. when we trust are the government, gun sales will go down, agreed or disagreed? >> i think it goes right back to the founding of the country. i mean, the second amendment is constant. people want to be free. you're not free unless you can own a firearm. there areed bad people then. there are bad people now, and that's why the chicago case, which is the n.r.a. case that will probably end up before the supreme court is so important. i mean, my gosh, i mean, when a criminal breaks down a door at 2:00 a.m. in the morning, justice vote sotomayor -- justice sotomayor is not going to be there. it is the individual citizen and the criminal. citizens know this instinctively. it is like water clenches your thirst. food clenches your hunger. with a firearm, i can protect my family and save my family's

life, and if judge sotomayor doesn't get that and believe the second amendment ought to apply to serve ry citizen in the country, she should not be on the supreme court. that cuts across hispanic, african-american, asian, caucasian, every american group that polls believes it is their freedom and their right. glenn: if she doesn't believe that or refuses to answer the question or if she is just slippery on it, you also say she shouldn't be confirmed then? >> absolutely. i mean, we are going to listen to these answers, and slippery doesn't caught it and neither does evasive. either one, we will oppose the nomination. glenn: what senators will hold their feet to the fire? >> we have encourage add number of them to ask the questions an i believe they are going to this week. this is a core fundamental freedom in the united states. we need to protect t we don't need someone on the supreme court that is going to be slippery or evasive about it. glenn: wayne, always good to tell you about it. furl disclosure, i am proudly

a member of the n.r.a. and i'm not a guy, except for my church, i don't think i have ever joined an organization before. i believe these guys are legitimate. i have heard them take on democrats and republicans t doesn't matter. it is about the fundamental right. i just want you to know that. something else, besides the gun thing, you know, here we are talking about it, did you hear her tragedy and her life story and her mom bought the encyclopedias, the first in the neighborhood. great. why don't we talk about real issues here. it is great that she is an american success story, but there are other things we should look at that tells us a little who she is besides mom buying the encyclopedias and the media misses the connections because they don't see how the stories of the day are really all connected. so let me break down sonia sotomayor down in a nutshell. judge sonia sotomayor in a nutshell. what do we know about this self-descreebed wise latina woman? well, let's start with the

p.r.l.b.d. t, the puerto rican legal defense and education fund. sotomayor held a number of positions there from 1980 until she became a federal judge in 1992, including member and vice president, plus board of directors, chairperson and litigation and education committees. according to 350 pages of documents released to senators, the fund took hard stances on issues like the death penalty, police brutality, and voting rights. among the fund's clients, the association of community organizations for reform now. aka, acorn. >> the group accused of voter edge administration fraud in over a dozen states, so given sotomayor's leadership role at the prlpef and its work with acorn, are you really surprised that acorn endorsed the nominee on its website? acorn's vice president maria

polanko says, they are, quote, inspired by president obama's pick, but will congress will alo be inspired by this connection during sotomayor's hearings, enough to make her the country's first hispanic wise latina woman justice. judge sotomayor, the prldef, acorn, and president obama. branches of the same tree, and that's judge sonia sotomayor, in a nutshell. coming up, don't let anyone tell you it's not easy being green. just check out the global warming bill. there are green banks and government backed green bonds. guess who is going to benefit? it also starts with a g and has an e in the middle. general electric is erasing the line between business and government, next. (mom) soon, we'll be doing homework,

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glenn: i am so excited. have you seen -- i just got this in the mail. my wife wants me to do this. what is this? the neckline trimmer. you watch. i have been using it.

stay in touch with the program and sign up for my free e-mail newsletter and i will give you before and after shots. the sotomayor hearings have been happening. the only thing that the media is covering today, however, they're not covering what i believe is a merger between general electric and the obama administration. the deal is almost damn near complete. tom burelli is here, senior fellow for the national center for public policy research and charles payne with the fox business network. tom, let me start with you. you actually have said that you think g.e. is building infrastructure inside of our government. you want to explain that? >> yeah, there is no doubt about it. mr. immelt on mr. obama's economic advisory panel. that's from the top. g.e. just hired linda daschle, so i think they're taking the

goldman sachs view of the world as the way to control their business is to control government, and the problem that we're facing here here with the supreme court nominee, what g.e. does with healthcare and what g.e. is going to do with cap and trade is going to permanently affect the lives of every american now and into the future, and that's the danger that we're facing with this merger. both men have an urgent need. mr. obama needs to get his policy agenda out in this narrow window and mr. imelt's stock has been suffering for so long, he desperately needs to get his business going. it is a narrow window. glenn: but tom, he is not a short-term thinker. i think he looked at this stock and went, it doesn't matter, because i'm going to win in the end. charles is here. charles, these guys, in two days, they accomplished what wal-mart tried to do in four years and become a bank. the fdic came in and said, why

don't you guys just guarantee all of our loans and the federal government said yes in two days. >> it is amazing. they have gotten tarp money through a different program without the rigors of tarp. they haven't been stress tested. we still don't know what lies beneath g.e. capital. the stock is down tremendously because that's a huge question mark and yet here we are. we have funded over $70 billion in backing their loans. it is absolutely worrisome. >> what is cit? >> it is big in the news. it fell 66% down in the last month, down big yesterday, today and friday. they give loans to small and medium sized businesses. it is the same as g.e. capital. they can't get a nickel and are on the verge of going out of business and here you have a conduit to small and medium businesses, and if anything, they should be thrown a lifeline. glenn: tom, you just said the right thing. everybody talks about they are too big to fail. nobody -- this is why the

little guy and the entrepreneur in this country is just going to get screwed, because they don't have tom daschle's wife to lobby for them. >> well, that's absolutely right. we're being shut out of this corporatism system. that's why americans who watch your show need to understand these issues so we can tackle the elected officials and general electric r imelt is going to be sitting on the beach with millions and thest of us will be standing in line with universal-funded healthcare. >> i think g.e., what they are building is incidious. think of this. they have universal pictures. they have nbc news, the nbc entertainment network. they have biography and all those other networks including lifetime. they are an aerospace industry. they are in defense. energy, everything. >> everything that is going to benefit from the obama

administration cap and trade, the windmill stuff, you know, everything that -- healthcare, and electronic medical records glenn: are they into the neckline trimmer? >> the next time you order it, it may be coming from g.e. but you got to say, listen, g.e. is doing what they want. glenn: they are doing what is good for g.e., but not what is good for the country. anybody who had a problem with halliburton, where the heck are you now? >> that's the thing. that's what i can't believe. one of the problems is that msnbc had a big problem with halliburton, but all of the people out there that talked about corporate marriages with the bush administration, these marriages, you look at the top ten donors to the obama administration, and you look at citigroups, the jpmorgans, goldman sachs, they have all gotten so much taxpayer money under the government. glenn: goldman sachs, america,

controls the world right now. we'll show you some stuff that will melt your brain, because they're going to come out with their earnings, and surprise, they did really, really well. let me just go here with you, tom, for a second. this is one of the things that i think -- i mean, really the merger here. you have ignacia marino, the assistant attorney general, environmental division of the department of justice. who is she? >> i think she works at general electric right now. >> this is part of the revolving door that we're seeing. goldman sachss is a perfect example. it is a revolving door between big government and big business and the little guy gets shut out of the system. glenn: thank you very much. looking for a six-figure income? maybe it has been a while and you just want to see blood shoot out of glenn's eyes, either way, take a trip to california where they are

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>> i'm patti ann browne. lawmakers completed their opening statements this afternoon at the confirmation hearing for sonia sotomayor. the high court contender told senators her judicial philosophy is fidelity to the law. lindsey graham conceded to sotomayor, unless you have a complete meltdown, you're

going to get confirmed. another nominee was named today by president obama, alabama doctor regina benjamin was tapped to be the next surgeon general. you are looking live at the space shuttle endeavour scheduled to take off the next hour if weather permits. last night's liftoff was cancelled nine minutes before takeoff due to thunderstorms. >> coming up on "special report" is the attorney general preparing to name a special prosecutor to investigate bush administration officials, and some in-fighting over house democrats over one key element of their healthcare reform bill. join me at 6:00 eastern for "special report." glenn: hello, america. i got my neckline slimmer cream. it actually smells rather tasty. tonight, we have our hot list. some common sense solutions to stories where the mainstream media is not doing their job. let me start in california,

which is still drowning in $26.3 billion in red ink. despite all those great iou's they've been sending out the past two weeks, by the way, california, you should use purple ink, not red? why be so harsh? there is plen plenty of anger and blame including the 5100 state retirees who get six-figure public pensions. we know the names of these people because the california foundation for fiscal responsibility named names. they posted their names on-line on a data base after a judge denied the pensioners' request to block the publication of that info. common sense tells you the pensioners, they're the wrong villain here. i mean, it was wrong to go after the a.i.g. employees who received the bonuses. it is also wrong to target those pensioners who california who are receiving these ridiculous pensions.

how about we blame the unions who pushed for these pensions and the politicians who went, yeah, ok. you just support me and i'll give you that. speaking of weasel politicians, hillary clinton, state department, quietly reverse add long-standing policy requiring foreign governments to pay taxes on diplomatic residences. that's going to cost the city of new york $260 million in back taxes, plus another $7 million a year in future revenue. wait a minute. aren't they raising taxes on people in new york? how come we're forgiving taxes for foreign country? there are two much bigger stories than $260 million that new york is now out of thanks to hillary clinton. first, we are becoming slaves to the entire world. in fact, foreign debt now, that we owe, is e equivalent to nearly a quarter of our g.d.p. so are you really surprised that we don't blame

china to sending our kids poison toys, you know? if you sell a rubber ducky at a garage sale, the feds are all over you, thanks to the consumer product safety improvement act. i'm not kidding. look it up. be careful what you sell at a garage sale, yet our regulators, i mean, they're not going right to the source in china where they make millions of lead-tainted toys and send them to us. and there's more proof that character doesn't matter. that's the second thing. wait, wait. way back when people couldn't remember when it was so far back last year when hillary clinton was a new york senator, she spoke in favor of the city's right to collect taxes, but now that she's the secretary of state, she's against it, so, in other words, when you change jobs, you can change your mind. hmm. gee, i've always thought that right was right and wrong was

wrong, you know what i mean? maybe that's something that the weasels just don't understand. job titles don't change the rules, except in washington. that's where they do, and that's request we're in the situation we're in. also, my mother used to tell me, show me your friends an i'll show you your future, since we're getting all buddy buddy with france, here's your future, gang. small-scale replay of the 2005 unrest there. about 60 young people rioted, burning dozens of cars, apparently after learning that a local man tried to commit suicide in jail. the man later died. that's not the only rup yiez uprising in france last week, 366 workers at bankrupt car parts factory threatened to blow up the factory unless they're paid the equivalent of $41,800. i believe this is two years away from happening here in america. don't hold me to the time, but it's coming. i told you before i went on vacation last week that i was going to read a book called

"the coming insurrection." it comes out next month. i have to tell you, this is what i did on my vacation. i highlighted the thing and wrote all over it. this thing is our future. the frenchy french are just way ahead of us right now. i have been reading this, and i'm telling you, america, we are in trouble. don't dismiss the warnings that we will give them to you here in the coming weeks. something wicked this way come. now back to the dpren much thing. i have to tell you, i have been weighing the options. blowing up a factory on the french side would cost wren nawlts about $2.8 million, but if someone blew up all of the auto parts they might naturally come down and build a better car than the friend research are assembling themselves. i'm just saying. that's your hot list. by the way, common sense is out. i want to thank you so much for reading it. it is number one on "the new york times" and usa list again, and we appreciate it.

it is my case against an out-of-control government. it was inspired by thomas payne. it is in bookstores now, four weeks now of number one new york times an usa today. pick one up, and please, you know, i was out on vacation and people came up to me and said just sign my book. i'm not signing this book, because i don't want you to keep it. i want you to read it and unless you highlight it and keep it in your pocket like i am keeping a book in my pocket now to ponder and think about, please, take this book and give it to a friend. wake as many people up as you possibly can. now, a lot of people want the possibility of a new world order or global government in the black helicopter crowd. it's not so crazy anymore, and proof, next. change it up a bit... and you're sure to get a reaction. [ motorcycle engine growl ] ♪

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glenn: do you remember the italian lira or the french frenh franc or the spanish

currencies? they gave them all up for the euro. no, no, said each government. we will never do that. now there is call for america to give up our dollar for a global currency. gee, i think i have read that in a book somewhere. oh, the bible. the scary part. anyway, that would lead to a global government. meanwhile, treasury secretary tim geithner is globetrotting in an attempt to pump up confidence in our dollar. i'm sure saudi arabia will believe that tomorrow when he arrives just like the chinese did when he said that to the chinese students and they all laughed. joining me now, wall street journal's senior economic writer stephen moore. this morning, i was going through all the stuff that is about to happen and i knew you would relate because you and i sat at dinners a few years ago and said there are no way these clowns will do these things and they are all happening now. this is crazy town. get off the dollar and have a

global currency, but i think it's going to happen. >> yeah, when you started first talking about this a couple of years when we first met, glenn, i thought you were into the black helicopters an meteor shower crowd. if you look at what has happened in the last few months it isn't so crazy anymore. it's scary. it is not just the global currency. look at all the money we're putting into these global organizations like the imf, the world bank, a huge amount of funding for the united nations, which has always wanted a world governance and the other piece to this puzzle, two pieces to the puzzle, glenn, are the kyoto treaty, what the congress passed just two weeks ago, the cap and trade bill, which basically to make that work requires a kind of world governance of all energy use. glenn: i'm going to come back to the dollar here in a second, but i want to go to where you were talking about and cap and trade. here is what al gore said last week, but we were all

fascinated by other things that nobody paid attention to this. this is what he said in london. he said "i bring you good news from america," and listen to what the good news is. >> it is the awareness itself that will drive the change, and one of the ways that will drive the change is through global governance and global agreements. glenn: then we have chirac from 2000 talking about the kyoto protocol. he said "this is the first component of an authentic global governance. we have the eu environmental minister on kyoto." he said "this is about the economy, about leveling the playing field for big businesses worldwide." steven, i have to tell you, there are times that i feel nuts for even thinking this, but you got to call a spade a spade. sometimes i think the people in our government are intentionally trying to trap us into this global

government, because it's insane how they're thrashing our dollar. >> first of all, glenn, with respect to cap and trade, al gore is right. the only way this works is if you have global governance, where you have a global regulator and global taxer to police every activity of the economy in every corner of the globe. you know, right now, glenn, all the rest of the countries in the world are laughing at us. glenn: oh, i know it. >> they're amazed that we unilaterally economically disarmed ourselves with that vote on cap and trade. china and india now, they're licking their chops right now. they know all those jobs are going to go from the united states to china and india, and we're not listening to them, glenn, they said we will never sign this treaty and never subject our commit to these kind of regulations. glenn: when we come back, i want to talk about what japan is doing with its yen, what china is starting to do. they're starting to trade not with u.s. dollars an saudi arabia in the middle east and how insane it is. with cap and trade, what we're

doing with them with our dollar and oil and what they do that dollar that we give them. it's insane. next.

glenn: back with "wall street journal" senior economic writer stephen moore. steve. you're a reasonable guy. you're a smart guy. you're a cautious guy. if i hear one more person say, oh, this talk about one world currency is crazy, it's not going to happen and our dollar is fine, if i hear one more person say that to me, i think i'm going to go nuts. we're hearing it from everybody. talk to me a little bit about china and japan and brazil. what are they doing right now?

>> well, here's what's going on, glenn. it is actually a very simple economic picture to describe. we're not producing much in america, because we have such high tax and regulation, made worse by the way by cap and trade, so we're importing all these goods and services from abroad, from china and japan and so on, so we're running a massive trade deficit. we provide them with dollars. what do those countries do with those dollars? they are basically buying all of our bonds, and so it is this vicious circle of we are basically becoming indebted to every nation in the world, and as i said, it's going to be made a lot worse with higher taxes and higher regulations that are coming that. is depressing the value of the dollar, as we have seen over the course of the last thee or four months and that's why i think you are not as crazy as i first thought you were. i think we are moving in the direction of people totally losing confidence in the dollar and looking to alternative currencies, maybe gold. >> i just want you to know, this is the neckline slimmer,

and it's made in china. made in china. this is what we're doing with our dollars. timothy geithner is over in saudi arabia, and he's trying to let everybody know that our dollar is totally fine. can you explain the insanity here of a country that has as much natural resources as we have taking our money and sending it overseas, buying these natural resources that we have at 8 times what it would cost us if we used our own resources, and then borrowing those same dollars that we just sent this them? >> well, you know, the thing that is so frustrating about this, quote, energy bill, what do they call it, energy independence bill that we just passed, there is virtually no money in that bill for natural gas, for drilling oil offshore where we have huge amounts, more oil than saudi arabia. there is no money for nuclear power, so this is not an energy ingdz pence bill. it is a bill that basically

shuts down our energy production and it will make it improblem, glenn -- think if you are a car company trying to recover or a steel company or chemical company or utilities company or light manufacturer, how will they compete on a global scale when we're doing all these things to our economy? glenn: steve, thank you very much. i appreciate it. we'll talk again, my friend. the one thing i want to squeeze in here before the final note, i didn't have a chance to talk to you about sarah palin while i was on vacation. do not count this woman out. i think, you know, the mainstream media doesn't understand. i don't think a lot of people understand the paradigm is changing. i think this woman is -- she is either crazy or she's brilliant, and i would put my money on brilliant. i believe she understands the change of the mood in the system, the two-party system that i see democrats and republicans going this ain't working. i think she sees that coming.

i think she's -- i would like to make a challenge. sarah, why don't you lead the way out through cap and trade. please, you get energy. k! i've been hangin' up there for, what, like, forty years? and then - wham - here i am smacking the pretty off that windshield of yours. oh, what you're looking for an apology? well, toss another coin in the wishing well, pal. it's not happenin'. limb: hey, what's up, donnie? how you been? anncr: accidents are bad. anncr:but geico's good ding! with onsite windshield replacement.

glenn: during the bowed cast today we got sad news. we are saying so long to obama's car czar, steve ratner. we never knew you, mainly because you never do interviews ax new car is c