Updated

This is a rush transcript from "Glenn Beck," November 15, 2010. This copy may not be in its final form and may be updated.

GLENN BECK, HOST: Welcome to "The Glenn Beck Program."

I've decided on my New Year's resolution over the weekend for 2011. Here it is: I ain't looking back. I don't care anymore. People either get it or they don't. Oh, well — I'm moving on.

It seems like people over at "Saturday Night Live" are starting to get it. I don't know — I don't know if you saw this. Wait until you see it. We'll show it to you here in a second.

America, here's the thing: it's time to make a choice. Hard times are coming. And with that sentence, that sounds kind of pessimistic. Don't take it that way.

Times of historic opportunity are right around the corner as well. But America faces that choice. Next. Come on.

(MUSIC)

BECK: Hello, America.

We do have a historic choice. We can look at things and go — or we could see this as a moment of opportunity because that's what the people who are against this republic, you know, the people who are quite honestly plotting against our republic, that's what they see it as — a historic opportunity.

What do you think George Soros is like — no, this is so freaky, I don't know what to do? He is seeing the conditions and he's going to make the best of it.

What are we doing? For the last four or five years now, I've been ringing this bell as loud as I possibly can. It's why I took the job here. I was actually going to leave television when I was over at CNN and I decided, no, no, no, FOX will actually let me be me. They'll actually let me say the things and I wanted to warn that trouble was lying ahead of us.

At the beginning of this period, before really television, I was just on the radio and I lost stations because of it. I was accused that I was only just trying to help out the Democrats. What are you doing? You're hurting the GOP.

What? Can you not make this about politics?

I made a choice. I'm going to talk about what's important. I'm not going to talk about Lindsay Lohan's latest arrest or, what, you know, somebody in Washington is all upset about. I'm going to bring you the truth as I see it, because I have responsibility that American citizens and as a dad. No matter what the result was, I was going to tell you.

When people were talking about various congressional races here in the last few weeks, I was talking about hyper-inflation or bonds or radical progressives. Oh, it is so sexy! I know why you watch!

I wanted to wake up as many people as possible and show them that the republic is under attack. Try to help America learn to think out of the box. It's been an amazing ride.

Someone told me the other day that the Glenn Beck footprint now, all of my various platforms, reaches 30 million people a month. You are awake, America.

But I also believe that I may be at the point of diminishing returns here. I've been ringing this bell. At some point — at some point, Paul Revere got off the horse because people would have been like, OK, I get it, they're coming, I'm OK!

People don't watch this show now and not feel it. I mean, the people who are complaining about this show all the time, they don't watch this show. They've never listened to one single monologue. They've — I mean, sure, the people at "Media Matters" that manufacture lies for George Soros, they watch it every night and then they take it and twist and take it out of context. But somehow, the people who don't ever watch this show or listen to a single monologue, they say that I'm crazy, I'm wrong, I'm a liar. You're just a foolish crazy liar for watching me.

There's only one problem. The things on this program are now coming about. The things that I have told you were going to happen now are. This program and you are closer to reality than anything the media has ever predicted — anything that the experts or the ones at Washington have been telling you is coming. You've been right and it's time to point it out to your friends.

It's kind of strange to see them — it's spooky, really. Somebody told me the other day, "My gosh, Glenn, one of the things you said. You're going to be so thrilled." And they told me, and I'm like, no, that's a bad thing. I don't want to be right on this.

It's spooky to see all of them now catching up to you. Do you know what it is? It's like — do you remember the movie "A Field of Dreams"? Do you remember the guy who couldn't see the players on the field? And he's just running around and he's telling his friends like, you got to sell the farm, man. You're crazy. You're crazy. Until he finally sees all the players at the end, and then he says this:

(BEGIN 'FIELD OF DREAMS' VIDEO CLIP)

Timothy Busfield as Mark: Do not sell this farm, Ray. You've got to keep this farm.

(END VIDEO CLIP)

BECK: Right. OK. Oh, I hope our friends eventually get to this point.

Things that have happened just this weekend are worth mentioning to your friends just so they can see the water rise. We've told you for years how the debt is unsustainable. When George Bush was in office, I was telling this.

I was called a fearmonger. Oh, the comedy shows. Oh, my gosh. They mocked me relentless. Everybody. Everybody.

In the pages of paper of record this weekend, The New York Times says, "The United States is still careening towards bankruptcy." Oh, gee, you think so, New York Times? Welcome aboard!

The only problem is, The New York Times should probably be smart enough to know that countries don't go bankrupt. No, they don't. They monetize or hyper-inflate their money. See Zimbabwe or Weimar.

Which leads us to monetizing the debt. We told you on this program that would happen. No — no, they all said. Here I am in 2009, saying it was going to happen. No, no, no! They'll never — under oath — we will never monetize the debt. Yes. Until the government comes out and then they announce that they're going to monetize the debt.

Just a couple of years ago, there was no way anyone passed the financial section of the papers would even bother covering something called QE2. I know, because they didn't cover QE1.

Now, this morning, I got up and I saw an enzipatriot.com (ph) QE2 cartoons for dummies. By the way, I'm one of the dummies that should have known this. Even like two years ago, I would have meant this cartoon. It's fantastic!

It's demonstrating how people have a hunger for find out what is really going on. It's a complex thing. Well, there is an immediate blow-back. Monetizing the debt, huh?

A group of academics, economists, hedge fund managers, publishers and, of course, GOP strategists, many of whom called me crazy recently or at least when they weren't monetizing the debt, have now signed a letter to Chairman Ben Bernanke urging him to reconsider the Fed's QE2 policy. The letter is going to be published in papers all across the country. Look for it.

I have been telling you for years to get out of debt. I told people, I don't even know, five, six, seven eight years ago — don't take out these crazy loans. It's unsustainable. I have told people, protect yourself.

First, I said, get out of the stock market when I think the stock market was 13,990. Get out. Get your 401(k) money.

And then I told people to protect themselves with gold for hyperinflation. I said don't buy it as an investment. I don't. I buy as a protection against the clearly unsustainable path that our government is on, because your dollar is going to be worth less — and then eventually, worthless.

That's when George Soros' favorite blog site got upset and complained. Oh, yes, George Soros. "You once called me an angry bitter old man." Yes, I did, Mr. Potter. Yes, I did — mainly because you control so much of the news cycle.

He and his cronies — I love that word, don't you? Was that popular in the 1890s, Mr. Soros, when you were a hip cat? They said that I was ripping people off. Shortly after that, a United States congressman, Anthony Weiner, a progressive, just happened to pick this issue to fight. It's a total coincidence.

And then ABC News, another coincidence, happened to do a big report on the controversy and other media, just happened to follow suit! It was weird. They even had a big hearing on it in Washington, because they were just looking out for your safety.

Hopefully, you listen to me and not the Weiner in Congress because when I started talking about gold, it was $700 an ounce. Today, don't worry, oh, don't worry. It was — it's only close to $1,359 an ounce. But that's it!

Now, how's your 401(k) doing? How is your house doing?

It's so obvious who's on the right side here and where we're headed. Even "Saturday Night Live" had to admit it this weekend. Watch:

(BEGIN 'SATURDAY NIGHT LIVE' VIDEO CLIP)

NASIM PEDRAD AS TRANSLATOR FOR CHINESE PRESIDENT HU JINTAO: We know all about your economic problems. That's why we were so surprised to see you embark on this 10-day vacation to Asia. That is costing $200 million a day.

FRED ARMISEN AS PRESIDENT OBAMA: Now, hold on. I done know where you heard that, but this trip is not costing $200 million a day.

PEDRAD: That's not what Glenn Beck says.

(LAUGHTER)

ARMISEN: Again, let me be clear. Glenn Beck has no idea what he's talking about.

PEDRAD: He was right about buying gold.

(END VIDEO CLIP)

BECK: Oopsie.

I talked about the road that we're heading down, that it will only lead to inflation. The critics all scoffed, claimed that it was deflation that we had to worry about. Me, again, 2009. Hello! Printing money.

Well, ask yourself this: How is the price of your grocery bill? Has it gone up or down in this deflationary period? Your food, up or down in this period? How about school tuition, up or down? I could go on — health care and everything else.

We showed you the projections of where the food prices are heading, way up. Critics responding by saying, it doesn't actually happen. Really? Check out the price survey done at the nation's largest retailer, Walmart. The results of a secret survey showed a 0.6 percent increase in just the last two months according to MKM Partners.

Anything notable happen in the last two months? Oh, that's right! The monetizing of the debt and Fed announcing $600 billion which is actually $900 billion, QE2. The little bears told me about it.

On this program, I think on the first week of my broadcast, I talked about how Mexico was on the verge of collapse, that we had to watch Mexico because it would turn into a full-fledged narco state if we weren't careful. Oh, ridiculed on that one.

Wall Street Journal reported the weekend, this weekend, that since Felipe Calderon launched the war on drug cartels, under three years ago, more than 7,100 people have been killed. One town, Juarez, border town, over 2,700 people have died since January, and the violence is only getting worse. The headline, "Wall Street Journal," "Can Mexico Be Saved?" Sorry. What? Who's talking collapse?

I said the radical communist and the leftist would eventually — after deny, deny, deny, would peel off their mask, ending this subversive tactic
— I believe those are George Soros' words — and finally reveal who they are and what their agenda is.

Well, Lawrence O'Donnell is now stepping up, one of the "journalists" over at the other network, he is the latest. He keeps proudly now defending his socialism and his far-left views.

(BEGIN VIDEO CLIP)

LAWRENCE O'DONNELL, MSNBC HOST: I, Glenn — unlike you, I am not a progressive. I am not a liberal who is so afraid of the word that I have to change my name to progressive.

GLENN GREENWALD, SALON.COM: I'm not either.

O'DONNELL: Liberals have used me. I am a socialist. I live to the extreme left. The extreme left of you mere liberals.

(END VIDEO CLIP)

BECK: We've shown you a campaign just last week where they said, "Hi, I'm a communist and I'm a painter." "Hey, I like — I like to go for walks on the beach and I'm a communist."

It's all happening. I told you how we were seeing, what we were seeing in Greece and France. First, I said Greece and France would have unrest. I was called a hatemonger. Then it started to happen.

And then I said it would eventually come to America, because radicals, who are in bed with the unions, need the unrest here. The radicals, the unions and the communists over there are causing it and it will happen here. It forces the government to take action.

Oh, Glenn Beck, a fearmonger. Really?

Could you play the tape? This is a communist. She has an intelligence of, I think, about a 14-year-old. No offense to 14-year-olds. But you should go to the TheBlaze.com and watch this. It's not really well-thought out, but she's a communist in America applauding the violence in France.

That's who these people are. But you wouldn't know that from The New York Times. If you read The New York Times, who recently published this warm and fuzzy piece on the Brecht Forum. Brecht Forum, Brecht Forum — oh, yes, that's right! That's a group of communists. Remember the bald communist?

May I explain? Here it is. "If communists have a reputation for anything, it's seriousness. If you've seen old photos of Karl Marx, you know he didn't smile much."

But at the Brecht Forum, a community center on West Street, where revolutionaries — think of this word "revolutionaries" — and radicals gathered daily to ponder and to pontificate. They also play, smiles abound. They can't right one nice word about Sarah Palin, about me, or about the Tea Parties, but revolutionaries smiles abound. Oh, it sounds so sweet to read about the communist and revolutionaries in the "New York Times."

Have they forgotten what communists actually want? Well, we haven't here because they are talking about the Brecht Forum and this is a guy speaking at the Brecht Forum that we showed you about a year ago.

(BEGIN VIDEO CLIP)

JED BRANDT, AMERICAN COMMUNIST: We have to help bring this government down. We have to help destroy this system. And that requires increasing the alienation that working class and oppressed people feel. The way change is going to happen in this country is through the destruction of what we call the United States of America.

(END VIDEO CLIP)

BECK: Got it? Did you notice he said "increasing the alienation"? What do you think is happening now?

We also told you that the health care bill is all about structure. Remember?

(BEGIN VIDEO CLIP)

BECK: I have to change slightly, change my plan after this health care kicks in. I can't get back in. I got to go to the government. Isn't that weird? It's almost like they're building a structure inside to build a government that you don't recognize.

(END VIDEO CLIP)

BECK: President Obama confirmed this in a recent interview. Listen.

(BEGIN VIDEO CLIP)

PRESIDENT BARACK OBAMA: The point was that we had created a structure, we had put a framework in place that allowed us then to continue to make progress.

(END VIDEO CLIP)

BECK: Told you about the labor unions and how the labor unions here in the United States and the communists are teaming up and coming together.

Now, Communist Party USA is admitting to the party's working relationship with Richard Trumka — a guy who is protesting the show — and the AFL-CIO.

(BEGIN AUDIO CLIP)

UNIDENTIFIED MALE: Not only did the campaigning take place from union hall, et cetera, et cetera, but this time, as Trumka told us when he was in Chicago, they began the nuts and bolts of building independent labor campaign organizations in five key cities around the country.

(END AUDIO CLIP)

BECK: Got it?

Labor union, AFL-CIO, labor workers, union members, AFL-CIO members — are you a communist? Do you believe that the best thing that can happen to this world is the destruction of the United States of America? Because that's who your labor union and Richard Trumka is in bed with. When will you hear that?

We, on this program, predicted death panels would result from government health care. Except we have didn't talk about them as death panels. It was the complete lives system. We talked about it in a completely reasonable and rational way.

Complete lives system was proposed by White House advisor Ezekiel Emanuel. We showed you the charts. It shows in a shortage of cash or an emergency, who would get treatment and who wouldn't. Not the old people and not the very young.

We talked about this extensively on this program. Sarah Palin was the one that coined the phrase "death panel." She did it on Facebook. The left said fearmongering, told you not to listen.

Well, here is Paul Krugman this weekend on ABC News. Listen.

(BEGIN VIDEO CLIP)

PAUL KRUGMAN, ECONOMIST: If the commission isn't even brave enough to take on the death panels people, then it's doing no good at all. It's not educating the public. It's not telling people about the kinds of choices that need to be made.

Some years down the pike, we're going to get a real solution, which is going to be a combination of death panels and sales taxes. It's going to be — we're actually going to take Medicare under control and we're going to have to get some additional revenue probably from a VAT.

(END VIDEO CLIP)

BECK: Death panel and higher taxes — they will decide who lives or dies. Meanwhile, they'll take your money — death panels.

America, you have a choice to make. Many of you have already decided and you're taking the first steps. You've educated yourself. You have read more books than you probably have read in your whole life.

In the last two years, you learned history that you didn't know. You read books like "The 5,000 Year Leap" — a book that woke me up and a book that the left has attacked over and over and over again. I'm sorry, not the book. They've attacked me by criticizing the author.

I don't care about the author. I don't care about any of his other books. Tell me what's wrong with "The 5,000 Year Leap." They can't.

This book will reignite your love for history and increase your understanding of the Constitution and principles of freedom and liberty. Buy it, if you haven't, "The 5,000 Year Leap." It reminds us where our rights come from, God.

And that is another step that I've asked you to take. The 40 day and 40 night challenge, a blueprint for national survival. I've asked you to turn towards God.

Ask your progressive friends this question: How can we progress past to a higher principle than this one? We hold these truths to be self- evident that all men are created equal, that they are endowed by their Creator with certain inalienable rights, among them life, liberty and pursuit of happiness.

How do you progress past this? You cannot. There is nothing higher than the principle.

So, here's your choice, America. Here's your choice. To stand around and mire all the problems and the problems that are coming are the problems that I have talked about on this program for years. They are beyond your wildest imagination.

Now, am I fearmongering? Use the last 10 minutes of this program to decide. If you haven't made your decision already, I want you to make this choice. I want you to make this choice.

Once you said, yes, I want to be, I believe — I want you to ask yourself now, do I want to be a problem or do I want to be part of the solution? Being afraid is not the answer. These are the answers to the question: what do I do now? I'll get into them next.

— Watch "Glenn Beck" weekdays at 5 p.m. ET on Fox News Channel

Content and Programming Copyright 2010 Fox News Network, LLC. ALL RIGHTS RESERVED. Copyright 2010 Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.