currency so that every time jimmy sells a dollar worth of chairs, i sell that exact same chair for 50 cents. what does that do to jimmy s business? not very good. sounds to me like the price might not be right. it gets better. every time that jimmy sells a chair to me in america, i tax jimmy at, i don t know, 2.5% which is what we tax chinese imports. however, if i try to sell my chair to china, they tax that exact same chair at 25%. again, the price would appear not right. and then finally, the fundamental issue away from the pricing is a lack of reciprocity in the treatment of my antiques business and jimmy s antiques business because of the currency rigging tax policy and market access. professor, is donald trump correct to hammer this issue? absolutely. you know, barack obama hammered this issue and then has done
someone said that the united states of america, that we used to every single night or monday through friday everyone used to sit down and watch johnny carson and it was a unifying moment for the country. i love that. today s not the case. you have kids and people walking up and down the streets, driving their cars. i m guilty of it. who are completely 1,000% in their own words. that s a sad statement but technology is technology. my friend dave matthews says progress takes away from what forever took to find. i m not sure if we re going backwards or forwards but we re on the boat ride forward. we don t know forward or back ward and then i m in a boat going forward. listen. i know which way the current s going. i don t know about you but i m going forward. jimmy has a bunch of technology with him in the lap and pocket. don t buy it. none of it s on right now.
very destructive problems, trillion-dollar problems, in this country. certainly something owe know about if you re a regular viewer of this show so what are the chances china will be paramount, a central issue in the 2012 presidential election? today s specialist, economics professor peter morici with the mega panel. karen, suzie and jimmy replain with us, as well. before we convene i want to play the price. jimmy williams, is not right. notice the not. you got that, jimmy? i got it, dylan. price is not right. you ready? let us say that james and i go into an antiques business. jimmy runs an american antiques dealer and i run a chinese antiques dealer. jimmy sells things for, yes, let s say, a dollar. hold on a minute. you can see the dollar there. and then running that business at a dollar i then peg my
tough. and we ve got to strike a balance, frankly, there s some folks who are probably better off renting. susan, george bush in 2002 said we want everybody in america to own an own home. an ownership society is a compassionate society. what s going on? well, i mean, barack obama s comments today are just mind boggling. it is like telling the american public because food prices are going up, go on a diet and eat less. it doesn t work that way. the fact is he offered up a fairly good plan on reforming freddie and frannie and not a lot of difference between the democrats and republicans on this issue and he should be bringing real reform to an issue like this. jimmy? bill clinton, george bush both sat for 16 years and said to the american people that their number one thing should be to own a home. finally there s a president and that s happens to be barack