Glenn Beck Quote of the Month

"...Sales are now the weakest in 15 years. The commercial real estate bubble is bursting. I told you it would happen a year ago. It is coming now.  Companies are increasingly just walking away from their properties because they don't have the money and it's actually cheaper than paying the mortgage. So, they just walk away.

"All right: Stocks are unstable; contracts you can't believe anymore; real estate is still tanking. So then — so then, what? So then what? Treasuries."

"This is — these two — this is not insane. This is. This — treasuries, that's the place of real safety. How are they doing?"

"Well, I mentioned minute ago that the Fed is looking to buy its own treasuries. Take money from one pocket. Print it. Put it in this pocket. Now, why would you do that? Because nobody is buying these treasuries at a fast enough clip because we're spending too much.

"This is like investing in a company that sells pet rocks today, not in the ‘70s but today. Nobody is buying pet rocks. So the rock people decide to buy their own pet rocks, so they can invest in pet rocks. It's not going to work. How are you feeling about your investment with the pet rock people? Yes. OK…"