Page 24 - Jonas Max News Today

going in the wrong direction and people are still talking about green shoots and positive developments and i dont see any of it. >> brenda: were still growing as an economy, it may not be as fast as everybody would hope for, but 2.2% thats not anything to sneeze at really. >> absolutely, and the projections this year he for 2.5%, you know, one quarter, but it does feel to most people like were in a recession and well continue to feel that way until the economy gets back to where it was...

are we still in a recession? >> brenda, of course were still in a recession if not approaching depression. when we talk about 83% of americans are recognizing we might be in recession, i think that number is low. i think that when you look at all the statistics that are out there, the home, new home starts, foreclosures are up. mutual funds outflows are up. and everything you think of as a good economic metric is going in the wrong direction and people are still talking about green sho...

Be too big to fail or was not going to be included in, its going to be addressed in it and its not and the scary thing is, you look at gm. gm is really the prime example of what happens when you do something like this, because jonas max, max jonas says take care of the bondholders first, they got screwed in gm. no one in their right mind is going to put money into gm or any banks where this could happen. >> you called them shares. >> dont know what hes talking about when i said the bondholders. ...

performing and thats going to bring down the market. youre devaluing. 123 grand if you work for the fed. 73 grand if you work for the state or local and private live. all in, ways and benefits. >> you cant beat the bolling graphics. >> okay. now, jonas, the government says that the compensation gap is because you need more skill and more education to work in government than in the private sector, i guess that explains us, why we are where we are. >> and although there are no low end jo...

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Measures with companies. >> what do you fwhing that spending? >> its always a simple argument made to the american public. we need to spend money and fill in the phrase. on national defense on cyber security, on terrorists whether they are crazed jackpots or part of some group. the problem is we never hold government accountable. to jonas point, if we want to spend $100 billion, great. show us what we are getting for the money. it goes into this huge government filter and it gets spent. jonas is...

Ate my homework, i didnt feel like it this day, i didnt understand it. i would like the irs to adopt that same policy in paying our taxes. i just didnt feel like it. let me have a few more months. its an insult to the american people. >> jonas, you actually think you know or you dont know, but there are a lot of people out there that dont know how use the internet. they are the ones late in enrolling. >> i think harry reid is partially right. they are not used to web pages taking two hours to lo...

"bulls and bears." gary b. smith, tracy burns, jonas max ferries along with mark hannah. the problem is us and our internet skills, really? >> its enough to make you pull your hair out, brenda. here is one of the leaders of the country, if you will. hes basically saying we are just too dumb to figure this out. meanwhile, its like everyones grandparents are on facebook, everyone is using amazon to order things. who are these people who dont understand the internet? i would like to find those thre...

The tax cuts expire and were going to have huge spending cuts as well. >> well, exactly, brenda. aim note worried about the spending cuts, i mean, you know, all the better, jonas talked about the stimulus program, especially saying the government is paying out more than were taking in, yeah, lets fix na part, too, with a bigger cut, but getting back to that tax, brenda, its not just, dont forget the bush tax cuts going away, capital gains are going to go up. we have the obamacare health taxes co...

Potential of raising taxes and health care costs and what we need to do to get out of the depression or recession, whatever you call it. start getting people jobs and small businesses owners are paralyzed with the fear of uncertainty right now. what is obama going to do and the the policies and when theyre scared to deaths. >> jonas, there are positives out there, were seeing the sass prices start to go come down and seeing still growth that is positives. there are positives in the economy. >> a...