Page 42 - Garyb News Today

>> the tsa in trouble again. uncovering hundreds of millions in unused equipment piling up in a warehouse, instead of being put to work in airports, this is your tax money, folks! >> and gary b says he knows how to fix it. go ahead, mr. smith. >> three words, brenda, privatize the tsa. you know, you would think the author of the bill that created the tsa would be a firm supporter. you know what he said? let me read you a couple of quotes. he says, one, the program has been hijacked by bureaucrat...

See it helping any more. we dont need the legislators in washington playing doctor. what we need them to do is sticking to what the people want them to do, its not adding regulations and costs to the consumers. >> brenda: chris, dont we need more regulation. weve seen this before and what weve got now, are we going to have another bailout, another too big to fail? >> well, clearly raises a lot of anxiety when you see this kind of, you know, loss. i think that the reality when it comes to loss an...

Know how the economy works. >> gary b. i hear you, youre raising a octave higher, im trying to remove that higher octave. >> we like it, youre excited. go ahead. >> jonas comes up with some of these goofy things, i dont think theres any relationship, id like to see a chart relating marginal tax rates to oil prices. first of all, thats a madeup number for crying out loud and second of all back to my bigger point. we assume that the money is somehow the governments and theyre bequestioning that, l...

Walk into mom and pops all over the place where your checking account is and gambled it away in investment banking scheme and all of a sudden, shore up everybodys county so they can relax like garys wife and not worry where their money is. you have that there and thats the core problem and the regulations arent going to work because the monsters of investment banks hedge funds, all wrapped up in one company have this fdic guarantee of the checking account and allowed to gamble. and gambling in t...

Mess with this, this is where you get upside down. >> alisyn: jehmu, what does history show us? this has been tried before. >> at the end of the day, as late as the free market is, it never was intended to be free rein to run rough shod over-- >> you mean regulated markets like the futures. >> and so, at the -- the american people expect the government to step in and stop. >> oh. >> they depend on the government to step in and stop the rigging of the markets. >> what happened last time. >> did i...

Labor laws? >> it absolutely is a violation to not pay overtime. and you know, it would be great if worker productivity was increasing and the profits, the record profits that companies are bringing in and the record salaries that ceos were getting was transferring down to the workers, but thats not happening. in the real world, the only thing that workers have to do is sue, sue away, till the companies, and ceos wake up and say you cannot, you know, take the benefit of worker productivity incre...

Facing, small businesses are not only faced with a higher effective rate its not even 39% if you look at the fact of municipal taxes, toll hikes, fuel cost hikes, energy tax hikes going down to small business, i think our effective rate is closer to 50 and theres no doubt about it from my perspective, without some certainty that these corporate tax rates are going lower, i think, look out, to the unemployed, because, theres some big problems ahead for them. >> and gary b, that is true for the sm...

Blend regulations and just made ethanol and some lower the price and higher fuel he efficiency standards. the new one, new regulations, theyve all been around for a long time and playing a role, and the thing where the banks dont. they want to trade, eventually, oil futures however they want because they cant. because of the new voelker rule and that will make the prices at the pump. thats ridiculous. i dont know of any oil companies that are saying its going to do that. i dont know what mechani...

That they have here in the u.s., they wont take union workers and theyve been accused of all kinds of unfair labor practices, so, the fox is in the hen house, and they can take a little hit. and subsidize grocery prices, because thats going to bring more people into the stores and buy more retail goods, which they get cheaper, and had a little fall off on the retail side. >> gary b, you say its how capitalism works, right? >> exactly. at one point at wal-mart, i love how theyre gouging the custo...

The board thats not inflation thats one particular industry and commodity. >> brenda: but gas is used in transporting lots of different goods. >> well, oil, too. >> brenda: yeah, but jonas, i want to get to you. basically you think that the simple law of supply and demand may come into play here, and that will take care of things? >> right, because we dont have a supply disruption. in fact, no real disruption of any commodities, compared to a few years ago, when consumer stop complaining about t...