Page 40 - Garyb News Today

That the cbo now says that we will see premiums go down 4 to 11% and dont focus on the fact of the conversation the small businesses are getting a 50% of their health care costs at tax rebate and we dont focus on the fact that, 19 million americans will get 5500 in rebates under the new law or 129 million americans wont be subject to pre-existing conditions in their he health care, i mean, there are so many benefits for such a big portion of the population, were talking about a penalty here on f...

But listen, i would opt out if i had a chance to opt out of medicare and social security and be in the government plan. i would take the government plan any day of the week. the other part you are missing here i think. we can go out and float a 100 year bond and buy out these guys and we are paying two percent interest rates. i am all for buying that money. that would save two trillion a year as we get to the maturing standpoint. i think ryan was soft pedaling. buy them out >> gary b, go ahead. ...

>> a very mixed financial outlook for companies on the front lines of the economy this week. target and home depo and walmart on the optmistic side. john deer and staples and dollar tree out with a negative read. >> last three you mentioned. economy stinks right now. look at earnings growth quarter over quarter only three percent. a year ago 12 percent. companies are not making enough money. >> and sarah, what to tell you about the economy? >> we are not out of the woods yet but thingings are ge...

People have to go and buy milk. >> yes, some people clearly are having a harder time making ends meet, look, and this is about for a democrat, what is that word, right, for a democrat, but we should not be using corn for ethanol. >> yeah. >> corn prices have generally been too high in recent years, ethanol, its very inefficient when made with corn. its much more efficient, six, seven times as much, they do this in brazil, made with sugar cane and we need to think big-- >> ethanol from sugar and-...

People they have working as hard as they can, but when you look and dont know what youre going to spend next year, youre not going to consider hiring, but you will consider if it affects your own personal income getting rid of one person, or putting one person that 4 or 5% adds up on 1.2 million businesses. gary b? >> i want to get back to you. steve, i think that jonas made the one point that companies hire based on, are they going to make more profits? thats true, and they remember from accoun...

People are really for the small payment and youre giving the state more power to determine how they want to manage their welfare program. the federal mandate to work is really what youre talking about and concern about all four there. >> gary b, youre a conservative. are you for this? >> well, god bless jonas for help finding the silver lining. and finding the good point. >> not at all. >> thankfully hes on the show. the bigger issue, should we be doing it? historically, the government covers ca...

Using >> did you hear about the latest foreclosure rescue plan. using eminent domain and then what the home owners say in the house they pay back the government a lower amount. some say it will help the housing market. but toby, you say? >> insane! i mean, remember, lets go back to economics 101. so if youre a mortgage lender, you take risks and you have the borrowed risk, will they pay you back, and the home value. here is another risk. if you make a loan and theyre going to blow that up and gi...

>> brenda: ive got to go to the smart boy, jonas. >> theyre not the irs, cant tax anything, just a recommendation. >> brenda: and can hardly do anything. >> and all theyre saying, all the countries that offered aid to other countries, but then renege on the payments because theyve got their own problems at home. and not talking about greece or their countries, but saying, got to come up with a way to pay for that, but a forced tax because youre not getting the countries in aid. thats a legitimat...

Were to have a grand slam in november, and get all the growth people back and if youre betting on that, maybe youre excited. so keep betting were not going to get there. >> where is the catalyst? youre not going to get it this year, not going to get it next year, and-- >> gary b, what could turn the economy around? what could bring us into a stronger recovery? >> well, think about it, brenda, think what turned-- didnt really turn the economy, accelerated the economy that no one saw coming last g...

Position, we would have more for the leading exports of those countries, its going to be a problem. even if we were to get the second recession, the last time the recessions started in reagan administration, started the british stock market boom the next 20 years and get out of that-- the scenario, come on, jonas, if youre a student of history you know something, think about it didnt have the regular leagueses that we do know, the tax regulations, and the fiscal cliff. look, guys, the facts here...