The stock markets may have had a good month in November — but that doesn’t mean it’s going to last. After the United States has racked up $20 trillion in federal debt since 2008‚ Glenn Beck believes the next debt scare could be the real thing. Glenn refers to an article titled “The Federal Reserve Broke the Budget. Buckle Up for What Comes Next” by Jed Graham of Investors.com‚ which details the undeniable reasons for the incoming crash. “Exhibit A‚” Glenn reads‚ “in the case of the broken federal budget is the deficit's surge in fiscal 2023‚ which ended Sept. 30. Unemployment was near a record low and GDP growth was strong.” All that sounds great‚ but under those conditions‚ the budget deficit would be more likely to shrink. In this case‚ it doubled to $2 trillion. “After the Fed sent more than $100 billion in interest on its bond portfolio to the Treasury in fiscal 2022‚” Glenn continues‚ “it had to halt those payments last year as bond prices fell.” “Having let inflation get out of the bag‚ an 8.7% cost-of-living adjustment stoked a $134 billion increase in Social Security checks.” About $100 billion then went to FDIC bailouts to banks like Silicon Valley Bank. “To top it off‚ the Fed hiking its key rate past 5% forced Uncle Sam to pony up an extra $177 billion in interest on the debt‚” which Graham believes is a problem that will continue growing by “leaps and bounds.” Glenn sees an end in sight. “We’re going to have a surge. Enjoy it while it lasts‚” he says. Want more from Glenn Beck?To enjoy more of Glenn’s masterful storytelling‚ thought-provoking analysis‚ and uncanny ability to make sense of the chaos‚ subscribe to BlazeTV — the largest multi-platform network of voices who love America‚ defend the Constitution‚ and live the American dream.

A New York man stabbed and killed four relatives before assaulting officers who had responded to the residence in Queens. NYPD Chief of Department Jeffrey Maddrey said at a media briefing that police responded to a call at about 5 a.m. on Sunday morning from the home in Far Rockaway. "A young female caller stated that her cousin is killing her family members‚" Maddrey said. When police arrived‚ they encountered 38-year-old Courtney Gordon walking away from the home while carrying luggage. Gordon allegedly stabbed both officers with a kitchen knife before they shot and killed him. Police found an 11-year-old girl who was lying on the ground outside the home. She was transported to Long Island Medical Center-Cohen where she was pronounced dead. The man had allegedly set a couch on fire in the home‚ and police had to wait for the fire department to respond and put out the fire before they could search the home. Inside‚ they found three people dead from stab wounds. They were described as 12-year-old boy‚ a 44-year-old woman‚ and a 30-year-old man. Another victim described as a 61-year-old woman was taken to New York-Presbyterian Queens Hospital in critical condition. Investigators were able to recover the kitchen knife outside the home.The two injured officers were hospitalized with non-life-threatening injuries and later released. Maddrey praised the two officers. "Think about it‚ they went through their whole night‚ probably went through many nights like this‚ they walk into sheer terror‚ they're walking into a take their lives and tried to kill them and who just killed an innocent family‚" Maddrey said. Officials said Gordon had been previously arrested for strangulation in a domestic violence incident. Relatives said that Gordon had been in mental decline for several months before the incident and had been kicked out of the home of his relative because of his irrational behavior. They said he refused to receive treatment. Here's a local news report about the incident: Like Blaze News? Bypass the censors‚ sign up for our newsletters‚ and get stories like this direct to your inbox. Sign up here!

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