Arent Wealthy News Today

Your witness, sir. >> ive scratched my head. im a registered independent and always have been since 18. ive scratched my head how anybody can always give away their vote. i dont think black people we as black people hold democrats accountable enough. new york city is a prime example. things that progressives say they care about. the income for black women against white men declined, has been declining in new york city, has been crashing. you had a housing project controversy where hundreds of th...

Way of like im not going to give putin the credit that we care? >> thats how i read it. >> is that a -- you know? >> show has a way of getting under his skin, but he reacted very differently to north korea and called kim jong-un a maniac and so on. i think youre height hes treated some people on his own staff very differently in many ways than putin. i think thats because the president tends to respect power, he doesnt respect weakness and the people mistreated on his staff are people who are we...

Increase the minimum wage, its a good thing because people are in the -- those in the work force or look for a job, theyll have more money in their pocket and you feel thats going to have a positive trickle down effect on the overall economy? >> it sure does. when you give people more purchasing power, they turn that back and they spend it. unlike people who are at the very, very top of the pyramid where when they get more money, they dont necessarily invest in a way thats good for the broader e...

Arent wealthy. the interesting thing is when chavez came to power, oil was $10 a barrel. in 2008 it came up to $140 a barrel. i mean, where is the parallel economy outside of oil. well, there really isnt one. venezuela even imports oil sometimes, too. >> and also has -- >> production has dropped off significantly. et cetera, et cetera. >> i want to pivot to economic management because theres a whole bunch of economic ills, which plague every country. theres inflation and high budget deficit whic...

Raising the retirement age. social security wasnt designed for all these old people who live a long time. and to some degree, who cares? the countrys economy has grown 15 fold and one of the things we can buy with that money is a decent retirement for people who dont have jobs they love and who dont want to work forever. thats a gift of a rich society. moreover, this idea we have gained over years, its not true or not nearly as true for poor folks who rely on social security. as you can see on t...

Running out for people. at the same time tax cuts from the bush era. >> bill: taking the liberal line that the government has an obligation to take from the wealthy, to give to those who arent wealthy. they have an obligation to do this at the same time-onchts the catholic church speaks about distributive justice. >> bill: the catholic church teaches about distributive justice. i have never heard that i went to 16 years of catholic school. i never heard that. >> yeah. you went to -- >> bill: tha...

To 16 years of catholic school. >> thats part of the problem. we dont teach -- distributive justice societies have obligation to care for everyone within them. those are wealth were have a greater obligation to care for those who do not. >> bill: i think the tax code shows the wealthy does that the wealthiest people of this country carry 75% of the tax load. so i think that that has been demonstrated. >> through my entire life, the tax burden has been cut on the wealthy since i was in high schoo...

>> bill: now i, your humble correspondent am also catholic die support spending cuts because even though entitlement programs do some good, the looming bankruptcy of the country would harm far more people than the entitlements help. the college professors are missing the essential point. the responsibility of the u.s. government is to protect all its citizens. and a bankruptcy in this country would devastate everyone. the cold truth of the matter is this: that our government simply cannot spend ...

Running out for people. at the same time tax cuts from the bush era. >> bill: taking the liberal line that the government has an obligation to take from the wealthy, to give to those who arent wealthy. they have an obligation to do this at the same time-onchts the catholic church speaks about distributive justice. >> bill: the catholic church teaches about distributive justice. i have never heard that i went to 16 years of catholic school. i never heard that. >> yeah. you went to -- >> bill: tha...

>> thats part of the problem. we dont teach -- distributive justice societies have obligation to care for everyone within them. those are wealth were have a greater obligation to care for those who do not. >> bill: i think the tax code shows the wealthy does that the wealthiest people of this country carry 75% of the tax load. so i think that that has been demonstrated. >> through my entire life, the tax burden has been cut on the wealthy since i was in high school from the reagan era forward we...