Page 258 - Restructuring News Today

Formula. i think the key there is the discipline each and every week that the child holds to in order to put aside a third for savings, a third for charity and a third for what they want to spend it on. that process is the amount. as we not only look at the country, but we look at the world going through financial restructuring as a result of not being able to balance their own budget. >> kyle her ri ngton with advice on allowances. i wish there were more paper routes. unfortunately with the new...

Being likable and liking ones policies. and i think that the problem that the romney-ryan ticket has, in particular, medicare. the idea of doing dramatic restructuring, the authorizing the program, the idea basically that you are no longer going to have a guarantee, but basically saying that seniors who are 55 years and younger, but they basically have to fend from themselves. that is not a program that i think most americans want. [talking over each other] >> let me say this -- megyn: he raises...

Restructuring of the program that is so vital to seniors. and that i think is difficult you should the best of circumstances, but no one is going to trust a ticket that goes out there and talks about how theyre going to save medicare when theyre basically going to gut it because once you go to a privateized system, even if its for 55 years old and younger, what you basically are doing is saying youre on your own. once you hit 65, youre on your own. heres your voucher. go fit in the private marke...

Want a structuring of medicare that gives them a lot more money, he votes for it. >> so, this is more, let me go to you, michael. it sounds more like the petroleum club in tulsa or in salt lake, one of the establishments where 15 or so men get together and call the shots. is this what he is a chamber guy? doesnt sound like a tea party guy especially to me either. >> i think another way to look at it is his background. he was sort of tutored by jack kemp. the supply side economics of the republic...

Over 8% in the most recent report. if you look at the most reliable bar amter of where the race stands, the average of all the polls out there, romneys been running a few stubborn and critical points behind obama. choosing ryan was supposedly romneys way of saying he understood. he had to do something dramatic. yes, it was a gamble but a gold medal billion arguably worth taking. heres the part i dont get. the whole reason it is a gamble is because of ryans budget plan. budget plan envision as wh...

Turn up the heat slowly and you can literally boil the frog because all of the changes are incremental. that frog is us. >> we want to switch very briefly backing to the drought. is there anything that can be done from a scientific perspective to help folks in the midwest? >> in the short term, no. we have talked about maybe putting genetically modified algae in the oceans, increasing the forest, shooting pollute nantz the atmosphere to reflect sunlight back into oyrt space. carbon sequestration...

That talked about this plan and how cruel it was. to your point about the white catholics in the rust belt, a lot of them are unemployed. a lot are men that have lost their jobs. i think the poverty thing will be a bigger issue than we think. >> briefly, theres a notion in washington that hes a budget hawk. hes not a budget hawk. hes a poverty hawk. hes a charity hawk. he wants to cut certain parts of the budget and he says it will go to deficit reduction but he doesnt want to cut other things. ...

>> well, earlier in the show we told you chris christie will give the keynote address at the national convention. florida senator marco rubio has been chosen to introduce mitt romney in tampa. rubio was on the short list of romneys vps. yesterday rubio joined the governor on the campaign. doug luzader now in washington with more on this. good morning. >> good morning. the selection of paul ryan as a running mate means mitt romney will have to spend more time talking about medicare. that can cut ...

Theres a war that needs to be fought and the funny thing about him is that paul ryan has a reputation. hes built it up carefully over a long period of time as a republican who really is deep into the numbers, deep into the reality of budget, but his default position when ever a big issue comes into play, is basically what is the the u.s. chamber of commerce say? what does the business community say as regard to what it needs? frankly, if it says it needs an auto bailout or bank bailout or if the...

Ryan to the extent he has influence and i expect hell have a lot with romney. what will he do when he gets power back based on what hes done with power before? >> well, hes actually got a governing philosophy and its pretty clear. its the 1920s big house on the hill republican. he believes that the roll of government is to intervene when rich guys have a problem or when theres a war that needs to be fought and the funny thing about him is that paul ryan has a reputation. hes built it up carefull...