Best of the Program | Guest: Vinnie Penn | 6/2/26

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The Glenn Beck Program 49 min 4 speakers 5 chapters transcribed 3 months ago
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What does Glenn Beck think about Bernie Sanders' AI Sovereign Wealth Fund Act?

Glenn Beck 0:01
So today, I actually had to say Bernie Sanders is right. Not really, not really. I mean, he's kind of right. He's about a quarter of, he's 25% right on something. And I could identify what it is, and I do. He just proposed some AI madness, madness, about the government taking over 50% of all of the AI companies. It's madness. But he's right on one thing. You did build this. So how do we solve what's coming? Really fascinating conversation. Also more on Platner and the race in California. There's just so much we have to get to today. This is the best of. If you want to hear the whole thing, just go to glennbeck.com slash torch or wherever you get your podcasts. Look for the full three-hour podcast. But this is the best of Tuesday.

How does Glenn Beck evaluate the government's role in AI ownership?

Vinnie Penn 1:09
You're listening to The Best of the Glenn Beck Program.
Glenn Beck 1:14
All right, I want to talk to you about one word, and this one word describes almost every argument we are actually having in America. And you'll understand how that works out here in just a minute. But let me give you that one word that is the actual argument for everything. The one word is mine. Let me explain. This has not hit your kitchen table yet, but it will. Please hear me. This will. And if you don't deal with it now, you will be in panic. And the Bernie Sanders of the world are going to give you something that is dressed up in the prettiest language you've ever heard. You want to date that pretty thing like nobody's business. It's all about artificial intelligence and it's about your data. And underneath all of it is one question.
Glenn Beck 2:09
Who owns the future? In the next couple of days, I want to talk to you about energy and these data centers. But I want to talk to you first about what Bernie Sanders did. Now, Bernie Sanders, and I'll give him credit where credit is due, the guy doesn't have a problem. He took his honeymoon over in the former Soviet Union when it was still the scary Soviet Union. So, I mean, he doesn't have a problem telling you exactly who he is. And he just told us his plan, and he's calling it the American Sovereign Wealth Fund Act. Wow, like a Patriot Act? Now, I happen to speak, you know, political bull crap, so let me translate what that actually means. The government, he's proposing, will take a one-time 50% cut of the biggest AI companies in America.
Glenn Beck 3:01
OpenAI, Anthropic, all of them, okay? And here's the really clever part. He doesn't want it paid in cash. He wants it paid in stock. He wants Washington to own half the company. I warn you, this is going to come from the progressive Republicans as well. We have to say no to this every time. Now, he's pairing this with what he calls a robot tax built on a report out of his own Senate committee warning that AI could wipe out nearly 100 million American jobs in the next 10 years. And that's going to happen. So he wants to fix this in a very generous way because, quote, technology belongs to everyone. Wealth belongs to everyone. The future belongs to everyone. Wow. Sounds like just a hug from Bernie Sanders.
Glenn Beck 3:55
Until you ask the one question that nobody really ever wants you to ask. Bernie, when you say everyone, who is everyone? Now watch, because this is where socialists always have a sleight of hand trick. Every time a politician says, everyone, watch their hands. Because everyone always turns into a committee or a board or a fund. A handful of people in a building in Washington making decisions for 350 million people who will never know their names. It's the collective. It's the masses. It's the people. And history is stacked with people who claim to speak for the people right until the moment they were deciding everything for each of us and then executing those who didn't go along with the plan. Now, I'm not going to say that that's Bernie Sanders.
Glenn Beck 4:56
I'm not going to call him a fascist. I think You know, calling everybody a fascist or labels is pretty lazy unless they deserve it. Honestly, half the people who throw fascist around couldn't define it if you spotted them the first three letters. So I want to be precise on what fascism is because precision is a strong weapon.

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