Page 5 - Garyk News Today

I dont know, does anybody know? and is that uncertainty that gary k was talking about really the key here? >> ill go beyond the uncertainty that gary k said. i think its doom and gloom. brenda, if you walked outside the studio and grabbed ten people off the street, all ten of them, if you ask what does the fiscal cliff really mean? they go, i dont know, but it sounds bad. this fiscal cliff sounds bad, it doesnt sound like a good thing and brenda, when you hear this day after day after day, i thi...

Be positive about the christmas and holiday spending, this will reassure investors they will get their money back when they lend it to the government because their revenue is going up and spending going down and thats the good side. >> going down-- >> thats confident for investors and better the greece path-- >> go ahead, gary k? >> and government spending is not going down. and the spending that, thats a con game. >> youre right, spending is not going down and-- >> gary, are you in cash, and wo...

Mattress price wars ends soon at sleep train. ♪ your ticket to a better nights sleep ♪ >> in the northeast, thousands of victims of sandy still cleaning up as others start the rebuilding process and now folks across america may be about to feel the super storms wrath. how so, toby. >> a lot of ways, number one insurance rates when you have this massive type of payouts youll see all insurance companies, whether youre in california, montana or new york, youre going to have, you know, going to ...

Nourish. and no health care and today, i dont want to say you are okay. when you are poor but at the poverty level, there is a lot of heavy people on food stamps and you have a certain level of medicaid and you are better off because of the programs, it doesnt mean they dont need to be cut or tweaked and its not just this part of the budget, i argue everything but defense is welfare spending when it boils down to it. social security is welfare spending, if you dont put inasmuch as you are gettin...

>> predictions, toby. >> aol for e-mail, they were old but a new system is coming out, and, i think it will help the stock up, 40%. >> john, bull or bear. >> bear. sorry. toby. >> no worries. >> what do you like. >> about to blow up now, microsoft takes a bite out of apple, 20%, by year end. >> gary k.? you like that. >> no. earnings down, revenue down, going no place fast. >> what do you like, then? >> im worried about a risky market, im going low beta value stocks and the pharmaceuticals are a...

I wouldnt say it is necessarily only because people dont have jobs but i think a lot of people, to johns point, which i agree with are trying to be more economical about their living situation and is a great trend to see they are trying to save and help pay down the debt earlier, rather than just spend a lifetime in debt. never getting into the right kinds of jobs and never becoming more productive members of the labor force because they are saddled with the debt. >> gary k., a couple of boys, e...

And that could be good. now, look could it lead to bailouts from the federal government. youre not a person and change the bankruptcy law for people and its harder to go bankrupt now. it should be harder for cities and towns. they can raise revenues and raise taxes and dont have to throw up their hands and maybe we cant pay for this, a few years ago. >> gary k. what do you think about this? >> i think tobin and gary b, so right. all roads are going to lead to the taxpayer and the state arbitrari...

>> i work with people who cant get health care in canada, cant get health care in england. cant even get injections nupton which can save their life and i dont want free health care because i will sell everything i own to pay for my children because this is america. >> a mother of two sick children unloading on democrat senator kay hagan in north carolina over the health care law and says it limits her choices so you can keep it. gary k. what do you make of that? >> two new words we are going to...

Front property. everybody would love to go to the best doctor and be the first in line, but you have to have some mechanism that controls how you distribute resources. >> but who runs it? who runs it, do you let the individual make the decision how theyre treated and how their health care dollars are spent or do you put the hands of the government around that decision making and thats what that health care law does? >> the problem is-- >> yes, but the government-- >> go ahead, gary. >> the gover...

Taxpayer bailout of the companies now, were essentially paying for that subsidy that went on for decades. >> you know, gary, youre in florida and i know one of the things weve seen in florida is really the epicenter of all of this housing mess and i think youre up in the orlando area, one of the many epicenters. >> not my fault. >> not your fault. but i think no pun intended weve been mickey mousing around on the issue and using government or various back stops to delay the inevitable and you an...