Page 43 - Garyb News Today

Extra and they actually lost 60 million dollars. i mean, it went to a negative. so, youll rich a tipping point and the income tax, its more hidden. on tuition in california, state colleges, theyre adding a 50 to $200 per unit raise there and theres price points youre not actually going to get and drop consumption, they cant raise on everything because theyll simply stop people consuming less. >> brenda: and gary b, you live in maryland, and you will of you hit by the millionaires tax. you, todd,...

>> a video going viral. sparking a new kind of movement. these occupiers, moving into a bank of america branch. protesting home foreclosures. but gary b says forget this move. make the move toward personal responsibility. >> absolutely, brenda. i like the one young ladys comment, bank of america took our home. 99% of those foreclosures came from people who took on too much home with too little income. as simple as that, and whether they did it unknowingly or fraudulently, someone has to step up ...

Hopefully bring the costs down. you and i know that its not going to keep the costs down, theyre going to keep going up. >> bernanke is the chairman of the federal reserve bank that sets interest rates. gary b. a good point about housing, that housing prices are down even he though rent is going up. what do you say to that? >> exactly, that was the point that jonas was trying to make, there are a lot of things in the basket. look, the odds of jonas, me, and susan all being wrong at todd points o...

The economy starting to add jobs again, as stimulus dries up. is more spending the answer? >> no, absolutely not. i mean, i think the reason why were finally seeing some positive job growth is we dont have the stimulus, so, the government needs to sort of get out of the way and let corporations do what they do best. and thats make money and create jobs and plus, brenda, they dont even have the money for another stimulus. look at in five years, our debt has gone from 5 trillion to 10 trillion and...

That mad or put the money under a mattress, this is capitalism at work. good for them. maybe good for the customers, but maybe it creates more competition. >> bob, do you blame the banks for this? >> no, not at all. look, gary is right. the blanks gave free checking and making money in other places where they cant now. theyre not allowed to use anything in proprietary trading and government took that away from them and security ization of loans and cant charge rates for credit cards and whats le...

Comes from the united states. if youre buying gasoline on the east coast of the united states. thats more than not coming from nigeria and other places and finally, if we could get our large 18-wheelers on this, we could reduce, 5, 6 million barrels a day, its absolutely the one policy that every american should be following. >> well, its cheap now, gary b. i guess the issue about this, is it having a market support it, not the government through subsidies, huh? >> well, exactly. brenda, im all ...

Substantial, a soaring economy is little more than we like, i kind of disagree in one respect. as you point out, brenda, 50 billion goes back into the economy. people pay higher gas prices or in matts case, maybe saves the money and puts it at the bank and therefore the bank gets more money, but money doesnt just stop flowing, it goes somewhere. everyone just doesnt sit on the money and like i say, even if they sit on the money, it goes somewhere. so, we have more or less, kind of a closed econo...

How much do you think that, how high are prices going to go and how is this going to hit the economy? >> and as far as the economy is concerned, this is probably my big s concern going forward and you know, jonas makes a good point. if it goes up to maybe 3.75, $4 not going to end the growth were having in the gdp, in the united states. if we get to $5, if you dont spend that much more you a month out of the paycheck, its psychological. when the headline says $5 per gas, when you stop spending a...

Communities completely torn to shreds. rescuers now sifting through the rubble and fear the number of dead may rise. its a powerful system moving northeast into canada right now. the southeast u.s. may see severe thunderstorms as well today and a threat of more tornados, and were going to bring you the latest weather warnings that you will need to know throughout the day today, so, keep it right here on the fox news channel. im jamie colby, now, back to bulls and bears, keep it on fox. fox. >> i...

The country, we should all come together as one big family and put our partisan and philosophical swords down. given whats happened in the recession the last several years, state and local governments do not have the resources to be able to address and rebuild communities after a devastation like this. i think it is the unique responsibility of the federal government and i think that feema does have the resources to deal with this and weve done a lot of nation building in iraq and afghanistan an...