Page 19 - Tobin Smith News Today

main street, anybody around the globe wants to hear, this is going to be a horrific moment not just for the united states economy, but everybody in main street, right here, usa has to be vitally concerned with what takes place with greece tomorrow. >> do you think the u.s. will see the impact of the the vote. >> zero. lets look at-- (laughter) >> i hate to burst todds bubble, but weve had a million horrible greek moments the last two years, three years, as far as i know. look, jamie di...

cities in california, but also, cut benefits, but for new hires, the unions know if this goes ahead, that youre going to have vote after vote after vote where the unions lose power and they lose benefits. but, i think, these two votes in california were a huge victory for taxpayers everywhere. but you know, ben stein, i want to switch over to you, because as near los angeles, i think the mayor just today is saying much the same sort of thing, right? and so, whats going on here? >> well...

the economy and bigger government means one thing, bigger spending and being right now, uncle sam has no money, that means bigger deficits. weve been going through a three-year experiment now of more government, more government, more government and the results are in, last month, we created 69,000 jobs in all of the united states of america. so, what our economy needs right now is is a boost and electrified in some way and spending has proven to be not the way to do it. i think what we...

Animal planet. who is the one in your hand now? >> this is a snapping turtle. a common snapping turtle. im going to kiss it for you on the show. >> yes, you are stick around. ernie is going to kis kiss the turtle. >> jobs rocked and stocks shocked. june starting where may left off with a huge selloff. last month, the dow posting its worst monthly loss in two years. and job growth in may the worst in a year. now, someone here seas it is about about to get a whole lot worse. but why? hi, im brenda...

relation, whatsoever at this point, look, thats the slipperiest of slippery roads. basically, toby is saying and people that want to raise taxes, period, are saying, big government is good. >> i dont want to say i want to raise them, theyre made. >> i think we ought to go the opposite way, we need a philosophical argument. whats the proper size of government. all aspects of government. too bloated, its ineffective and inefficient. we cant pay our bills even with tax increases across th...

taxes to solve this debt crisis? >> well, as great britain came up and decided to tell the truth that no one else is willing to say and weve been saying on the show for years, you can only kick the can so far and by the way, if 50% of them taxes and 20% of people pay all the taxes, somebodys got to kick in more. now, we keep think its the 1%, but we know if you took all of the income of the 1%, and taxed it 100%, wed still be 5 trillion dollars in a deficit. so, guess what, everybodys ...

>> the tsa in trouble again. uncovering hundreds of millions in unused equipment piling up in a warehouse, instead of being put to work in airports, this is your tax money, folks! >> and gary b says he knows how to fix it. go ahead, mr. smith. >> three words, brenda, privatize the tsa. you know, you would think the author of the bill that created the tsa would be a firm supporter. you know what he said? let me read you a couple of quotes. he says, one, the program has been hijacked by bureaucrat...

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...

and sent men into space and we built canals and railroads, and we know how to do any of those beforehand and you know who took the risk, the manufacturers, the companies, the corporations out there took the risk and if ne failthe failed. its another way to transfer money from one to another without supposedly anyone taking any risk, its goofy and should be be stopped. >> well, scott, actually about a third of the workers in georgia upon-- thats the state upon which this whole program i...