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I wonder if he's serious, since it just seems like a money hole which will leave everyone initially investing up shit's creek. Unless they want to disappear into irrelevance, they're going to have to find something to pull money into the community...and I can't imagine what that source of income would be. Does he want to go the way of the Amish people or build up something larger, like Rapture?
Glenn Beck is a shock jock. Credibility is not a valuable commodity to him. Anything that pushes buttons and moves money is squarely in his wheelhouse. Bill O'Reilly famously used to anchor A Current Affair. Glenn Beck, on the other hand, used to fill the time between Huey Lewis songs.