Page 27 - Garyb News Today

I was completely wrong. >> okay. now for the worst call in 2013, gary b., last january you said it was blackberrys year to bloom but instead it left a big bruise, falling 58% since then. still a believer? >> no. i thought it would get bought out, do something different. it was a horrible pick. no. they probably wont even be around a year from now. sell it, please. >> now to the best calls. jonas, you are going to kick things off again. your best stock to buy in 2013 was i-robot and boy, were you...

Administrations policies. >> krchristian, shouldnt we be celebrating it instead of bashing it? >> i want incomes to grow for everybody, but i want to make sure people who contribute to incomes growing get a chance to share in it. we have this culture where if a company does well, the ceo and the senior managers make all the money, but the production workers dont see their incomes rise at all. theres something patently unfair about that. >> gary, whats wrong with income inequality anyway? >> exac...

Country. health care spending before the affordable care act. the same rate but single payer is better. >> go ahead, gary. >> first of all, i am -- i just cannot agree with christian more and totally disagree with jonas. payroll taxes would have to go up almost 25% to pay for medicare. you know, christian paints it as this, oh, my gosh, this great thing that were going to have that we cant afford! the other thing is, he talks at, oh, my gosh, the billing system is so much more efficient, are you...

Bucks and 25 cents an hour. >> gary b., if we say take it up according to inflation, if we say take it up according to 15 bucks an hour, why not just say take it to 15 bucks an hour to get rid of poverty? >> exactly. right, bernard says $15 is too much. what about $14? maybe thats too much. what about -- you know, the powers that be somehow know the magic number, thats right. you know, getting back to bernards point, tied to inflation, i think these workers will still be protesting. because what...

Majority of young folks who think theyre going to be socked with a hefty price tag because of the law. maybe thats why only 22% of uninsured mill len yells plan to sign up for it. gary b., you say that all means were facing a bigger price tag. >> brenda, absolutely, look the whole foundation of obama care is to get the young healthy people to pay higher premiums. in fact, subsidize the program for the older ones who really need the obama care. i mean, really need the medical attention. so, for e...

Before cyber monday dropping this bomb. cyber monday sales for amazon, all-time high. maybe using some of that money to jump start this program. >> gary b., what do you think? >> im surprisingly in bernards camp. the good pr part. you know, use the money to actually launch -- im with john n jonas. if i was a kid around a neighborhood with a sling shot, this is my first target as it is flying by. >> i dont know, i want a gallon of milk, i want an amazon book, it comes in 30 minutes, i like it. >>...

Anyway, they have no mechanism to collect that. lets just say they can collect it. thats going to be a mere pittance as opposed to what they should be paying in. whats going to happen? obama cares like, we dont have enough funds. where are they going to get the funds? from the rest of us with increased obama care taxes. its so inevitable. well be having this conversation a year from now. >> bernard, all these young people dont like obama care. if they dont sign up, what does happen to prices for...

Not before are christmas, but do you think that will have an impact? >> you mean the money from the subsidy? >> yes. >> yeah, but in a lot of cases even -- i know, for example, when i went through and started to do the calculations for my 24-year-old daughter, she gets a subsidy, but its still not going to be enough to offset the low cost plan shes paying now. thats one of the obama care lies, that all of these people are getting sukz subsidies but your premium still goes up. it offsets it, but ...

Telling your wife to calm down. its just sort of harmless. theres also announcements about smoking and obesity and that sort of thing. were all for fall values and tradition, right? >> gary b. -- >> youre comparing obesity to wives being calm? >> gary b., how harmless is it? if you told your wife that? >> i have a confession to make. we just celebrated our 25th wedding anniversary on thursday, and i told my wife to calm down exactly one time 25 years ago. that was it. we had a rocky three or fou...

Just look at the employment numbers. so many people not working, off the rolls. all of this is not good news. >> sasha, is it as dire as some of our gang are making it? >> no, i dont think so at all. retail sales last month were up. a lot of the trending is showing the spending by lower income consumers is down but higher income consumers is not. auto sales are are up and large appliance sales are are up. so for a walmart or a discount store, a large percentage of their consumers are low income ...