Page 217 - Ed Schultz News Today

Of seniors had they been in private accounts in the stock market as bush and ryan wanted? they would have lost their retirement. right? >> no question about it. >> so they believe -- they believe -- these folks believe in privatization of these programs. eventually, ed, the reason that im pretty confident this will work for the democrats, despite the lies that are flying back and forth, is eventually people will recognize that they trust the democrats more than the republicans to protect their r...

Garamendi of california. he joins us tonight on "the ed show." john, great to have you with us, congressman. thank you. harry reid made his claim about romneys taxes over two weeks ago and the candidate is still bringing it up and talking about it. why has it taken romney this long to address the issue? >> well, im not at all sure he has addressed the issue. listen carefully to what he said. he said, i paid 13% in taxes. what kind of taxes? are we talking about fees on his five cadillacs, are we...

Understand what is in this mind, what is he actually doing so that we can then figure out how he would act as president when tax policy comes up which it must come up. >> you know, i found it very interesting when he said that he has never paid anything under 13%. almost trying to make the case, it seems like, to infer to the american people, you know, im really paying a lot. you know -- >> ed, hes -- >> i found that absolutely amazing. >> hes paying what a single person making $40,000 would pay...

Program. the private replacement for medicare. and the whole idea was if insurance companies could get into medicare, they could operate more efficiently. its been the opposite. theyve had to pay them a lot more, just to stay in the program. so what the presidents trying to do is to end those bonuses over the long haul. and that is one of the ways we achieve these savings. the insurance industry doesnt really like that. theyd love to have romney in the white house to be able to restore that. tha...

Interesting when he said that he has never paid anything under 13%. almost trying to make the case, it seems like, to infer to the american people, you know, im really paying a lot. you know -- >> ed, hes -- >> i found that absolutely amazing. >> hes paying what a single person making $40,000 would pay of percentage. come on, this man is making millions and millions every year and paying 13%. somebody out there working on the street, making $40,000 a year is paying the same percentage of their i...

Right? >> no question about it. >> so they believe -- they believe -- these folks believe in privatization of these programs. eventually, ed, the reason that im pretty confident this will work for the democrats, despite the lies that are flying back and forth, is eventually people will recognize that they trust the democrats more than the republicans to protect their retirement savings. and in the meantime, the democrats have to be honest, too. for instance, it isnt a lie to say that theyre not ...

congress pushed through something that used to be a noncontroversial way of dealing with big economic downturns. when george w. bush had had an economic downturn to deal with in 2008, he passed a stimulus. when ronald reagan had an economic downturn to deal with in 1981, he passed a stimulus. when this new democratic administration took over in the middle of a huge economic downturn in 2009, they did the same thing. they passed a stimulus. even though a stimulus had been a noncontrover...

with big economic downturns. when george w. bush had had an economic downturn to deal with in 2008, he passed a stimulus. when ronald reagan had an economic downturn to deal with in 1981, he passed a stimulus. when this new democratic administration took over in the middle of a huge economic downturn in 2009, they did the same thing. they passed a stimulus. even though a stimulus had been a noncontroversial bipartisan tool of economic policy in the past. in 2009, with the new president...

occurred at the end of the george w. bush presidency. just free fall. i mean, great depression time. yawning abyss. and so shortly after being sworn in as president, the new president and the democrats in congress pushed through something that used to be a noncontroversial way of dealing with big economic downturns. when george w. bush had had an economic downturn to deal with in 2008, he passed a stimulus. when ronald reagan had an economic downturn to deal with in 1981, he passed a s...

in 2008, he passed a stimulus. when ronald reagan had an economic downturn to deal with in 1981, he passed a stimulus. when this new democratic administration took over in the middle of a huge economic downturn in 2009, they did the same thing. they passed a stimulus. even though a stimulus had been a noncontroversial bipartisan tool of economic policy in the past. in 2009, with the new president, barack obama, in office, republicans decided they were going to be against anything this ...