Transcripts For FBC Bulls Bears 20240713 : vimarsana.com

FBC Bulls Bears July 13, 2024

The republicans have released 66 page Healthcare Plan that aims to replace obamacare. The plan says it will transform the individual marketplace current regulatory structure, unwind washington centric approach and largely return Regulatory Authority to individual states. So heather, would you sign on to this . So far i like what i have to here, havent read the 66 page plan but as they unveil the details it sounds a lot better than what has been proposed from senator warren without the details her medicare for all which according to committee for federal Nonpartisan Committee they said if we double the Corporate Tax rate even if we increase tax brackets the top two, 70 and eliminate loopholes that we feel cannot pay that only covers 40 of the 30 trilliondollar price tag on medicare fraud. They had this plan a couple years ago they couldve repealed and replaced obamacare. It has some good things from what i skimmed but it beats around the bush that theres fundamental issues of healthcare that are hard to fix frankly. Like . They have patents, its hard to take charge of those drugs. They know they are we, and yet they dont acknowledge the fact that you cannot force a private Health Insurance company to cover somebody who already has a very Expensive Health condition without some major subsidies or forcing them to have Health Insurance or whole life. They just dont capture that. That is forcing the private sector to do something not possible. That is the point of contention if it does not cover preexisting conditions nobody on the democratic side is going to sign off. That soy is been the problem. David adam im sure you love it. I love it. Nobody. Will sign off on it. Jonas had the right point, this is a repeal obamacare and replace it with a little bit around the edges and thats fine, they should ride along and try to pass it, theyve had three half years to do that, it will make things worse not better. Itll make a few things better like hsa, the fund that you could put pretax dollars into, thats fine, lets double it. Great idea but it does not solve the problem. Its incremental. Sorry but that were waiting for another guest, anything that moves words more of a free market is good. Heres the problem, if you say for adams point were replacing one government plan with another government plan i stand back. We have a healthcare for all, its called the va hospital system, thats the medicare for all for veterans. I think everyone on this panel would agree its horribly run you cant make appointments or the doctors not available, it is horrible. Thats what any government plan will eventually evolve to pray unless they say will scrap obamacare and move stepbystep toward a free market and healthcare and by the Way Healthcare is not part of the constitution, its not a mandate, we would love everyone to have great health but it is not the government stop, will never get there. Meanwhile, were still waiting to hear how Elizabeth Warren plans to pay for her medicare for all proposal purchases details are coming soon. But president of american for tax reform says the answer is obvious, writing for foxnews. Com, Elizabeth Warren wants to raise taxes for middle customer can, not just the rich. Grover joins us on the panel. As the tax hike on all americans the only way to pay for her plane . It is. You can look to europe where they have government run Health System like this in the middle class pays a 20 value added tax, much higher than salestax over here in the income taxes on europeans are higher ten, 20 higher than americans. The only way to get the money, the 32 trillion over ten years that shes looking for is to go after the middle class, obama had seven of the taxes that he put on for obamacare hit middle income people directly even though he said he never would. So weve seen this before, there is a reason Elizabeth Warren wont tell you whos going to pay for, its the same reason every dahmer wont tell you whats for lunch, you are. The middle income people are going to be paying for this. Im pretty familiar with your view on tax policy in general. He gets a bigger issue in the point i was making, should healthcare we can find a way to pay for by fiat, we can say its now a law, you think this should be the government responsible bequest market. At the end of the day with all entitlements you want to put them in control as taxpayers themselves with Health Savings account and make it better than the programs and his wife were one case would be above social security. I really did take the subway stop with the free market policy and lets move this as quickly as we can to give more americans more control over the life that include healthcare and retirement. Eventually if you finish the thought, we have hsas, we have iras and 401ks and we know they are not sufficient. So what youre suggesting is great, im with you but it does not solve the problem. It does not solve the problem that obamacare in a partial way, it does not solve the way the Elizabeth Warren says she wants to, and use a shift to tax the middle class, i agree, how do we solve the problem customer. If youre trying to solve the problem at once chances are you cannot do it but we can stepbystep move towards a free Market Solution and give people more options. The onesizefitsall approach of obamacare is wrong for most people because her 300 Million People in the country. One program does not work for that. Census plan talks about doubling hsa deduction which is ira plan when you put money aside for taxes and pay for healthcare. You are the tax guy, in general you prefer lower taxation with no 401k, no ira or hsa or higher tax rate with all these taxfree entities that used to pay for school for your kids or healthcare or retirement, you can make the tax code, how direction would you go . As low rates as you can into replace and give people an option to opt out of government pension systems and allow them to take the same resources and put them into iras, 401ks, hsa you cannot have both, lower taxes and higher taxes. I want both if youre Running Office was a good answer. How likely is this gop plan likely to pass given the President Trumps firstterm, how likely is Something Like this to past. As long as there is a democrat house or senate it will not pass. The challenge that we have we did not have a two thirds vote in the senate to undo the parts of obamacare that you needed to get in the house we had all the new freshmen or whatever guys who were only going to vote for perfect and so they got nothing. I think most have the stuffing kicked out of them over the last three years for failing on the business and voting for perfect and nothing would pass. Were in a better position than that and we would have if we had not thrown away the Alabama Senate seat and blocked all the memes tested entitlement programs. Thats what theyre looking to do in your two except alabama decided to be stupid. There are some people who say you could pay for a national Healthcare Plan if in fact you do with the british do, have a value added tax, that adds 40 to everything that they buy, its a hugely regressive tax, not only to the middle class but the poor has to pay every time you buy something. Is there any talk about that among progressives and washington . That is the last plan, thats the carbon tax, the carbon tax is on training wheels, its to get you ready for the full thing and they dress it up and painted green but its an added tax. There he spent all the money there to get from the carbon tax. Elizabeth warren and all the democrats are going to carbon tax, they spent the money and theyre gonna do that and theyre gonna spend all that money and that money so you spent six of her ways. Yet lots of taxes are claiming their spending more than once which them to come up with new taxes and thats with the carbon tax works in. David theres not much room for the private sector. Thank you very much. We appreciate it. The longer strike against General Motors is now officially over. We get all the details on what this means for workers in the Company Coming up. Next, investigating the investigators, bill barr turning the review of the russia probe into a fullfledged criminal investigation. What does it mean we will ask former federal prosecutor doug burns. He is joining us next. I think you see things nobody would believe, this was the worst hoax in the history of our country. Country. I get it all the time. Have you lost weight . Of course i have ever since i started renting from national. Because national lets me lose the wait at the counter. And choose any car in the aisle. And i dont wait when i return, thanks to drop go. At national, i can lose the wait. And keep it off. Looking good, patrick. I know. vo go national. Go like a pro. Everything your trip needs, for everyone you love. Expedia. I think you will see things that nobody will believe. This was the worst hoax and the history of our country. Investigate the investigators whether its pay, whether its proper and all these people because terrible things went on for our country. David President Trump making his first comments as afternoon on reports that bill barr has shifted the review of the origins of the russian probe into a criminal investigation. Very important transformation. Here is former federal prosecutor doug burns. One of the groups apparently that will be investigating is the fbi which is under the jurisdiction of the d. O. J. , now you have the d. O. J. Investigating the d. O. J. Is that problematic . It is on some levels. Were gonna go down the road of another special counsel. I dont think you should actually so let them take a look at it. The other thing in the legal technical weeds, it probably always was a criminal investigation its an administrative one which means during in a ministry of investigation if youre asked for a witness to testify they can decline once its converted into a injury and you issue a grand jury subpoena and they have no option. Another point that is interesting with people who work in federal agencies, while they are working there during in a ministry to agency their often required to testify anyway under the terms of the federal employment. The point is, they converted the grand jury so they could get people who are no longer in government like klapper and others. Brennan, klapper and others are called to testify, hes a well respected prosecutor, under what conditions would they be provided immunity . Thats a good question, and federal court immunity is very tricky and people to understand they think youre getting immunity for the crime which is transactional immunity. You get immunity for your words. Theory being put to in the same position that youre in with her for the moment and only force you to testify. This gets tricky. But back to your question the way this plays out for 30 years people, and say i received a grand jury subpoena i say come in and we start talking, then you call the government and you say ill bring them in for an informal interview session before you put them before the grand jury and they say okay that sounds good thats the way it plays out. You can also assert privileges but in the high toxic political case taking the fifth amendment everybody will go nuts. That will not happen. This is adam in san francisco, im not going to ask you a legal question when ask your cultural question, number one if you were the attorney general would you do this investigation, number two, are we running the risk of having people not trust our federal institutions including the fbi . There is some points either because my late father served as deputy for attorney general for the Reagan Administration so i know about the d. O. J. And how it works. Its a very interesting question. Again its a matter of characterization and criminal justice does not translate necessarily to the political characterizations all that well. I said that many times. The point is right away from the democratic side, this is a disgrace because only in a republic and the other side is no theres legitimate questions and apparently the attorney general and john durham who sound like a broken record but has a very good bipartisan reputation, his son who i know, the point is they went over to italy theres a picture of durham. They got some information which caused their antenna to go up a little bit about joseph. I have you on the stand and you did not answer either my question. The investigation and doesnt risk harming the trust of our institution . I would do the investigation and it does not run that risk. Im not against the story coming out so to say my concern is the same thing, i believe the fbi should be allowed to have secrets, they dont smoke into the public but thats the nature of the fbi and cia. Are we going to uncover the way they decide to investigate things and compromise their ability in the future maybe theyre giving cash to people abroad, i dont know what they do maybe i should not know. Its like you dont want to see how the sausage is made. So the point is theres always going to be balancing and it will be but put between the privacy and getting to the truth. David if the president is not above the law neither is the director of the cia. Is also not under the law meaning you have to give him due process. David thank you very much. Do as i say but not as i do. 2020 democrats pushing the Green New Deal with a lot of frequent flyer miles on very big carbon when you look at the world, what do you see . Where others see chaos, we see patterns. Connections. Relationships. When you use location technology, you can see where things happen, before they happen. With esri location technology, you can see what others cant. Hey. Hey. You must be stevens phone. Now you can take control of your home wifi and get a notification the instant someone new joins your network. Only with xfinity xfi. Download the xfi app today. David flying high. 2020 candidates take into the campaign trail to push the plans for Climate Change, at the same time spending big on private jets in order to do it. Spending on private flight sword over the past three months from roughly 680,000 in the Second Quarter to more than twopoint to million in the third and raising. According to the fec, joe biden spent the most on private flights, 924,000 with Bernie Sanders at 360,000 and lives were in 132,000. They have to get from place to place what should they get a pass on this . They absolutely should not. Maybe im being cynical or maybe my old age or older age but each of these candidates are total hypocrites. If you set them down over a beer or wine or whatever, i guarantee they dont care about Climate Change but what they do care about is getting elected and Climate Change is above the issue, i think we can all agree on that. But if you sat down over beer or wine and asked what causes Climate Change and what specifically can we do, they dont have an answer. You know why, scientist or have an answer. So they raised this issue, the flight around in the active hypocrites to get votes because thats the thing to do, they dont have a solution other than will eliminate cows, cars and stuff like that. Its also late and nonsense with this is the age we live in and what you have to do to get elected. Of course of all their hypocrites and second i dont think theres anything funny about the, you made, scientist to know what causes Climate Change. I have a solution, we need to pass a law the other way countries have, to shorten the Campaign Season that would mean less money. In the republic will be in better shape as a result. Good luck. I thought it was amtrak i wonder if a by the new g700 the politicians vehicle. We all joke, al gore started this whole thing with the documentary of how its much bigger than most american power. At the end of the day its the voters that would have to pay for energy and you have to stop the masses from consuming energy and thats where they can target Energy Committees and rich people. They dont just deliver energy to people who want to consume it, the price would have to go up to everybody, there voters not just the rich with the jet, thats a small percentage as we know from the inequality of the world, the average person that doesnt want to face the reality, its not the Energy Companies if the consumer in the have to pay a lot more and live in a much smaller house and lot smaller than al gores house. Without debating the impact or Climate Change and what causes them. I think its bad look. Do as you say not as i do. If you gonna talk a green deal then live green. Of course to me it seems like hypocrisy but in politics what is it. Its not only politics, you have all the folks in the south part of your stay in malibu living right on the beach and those properties are going like wildfire. There apparently not worried about global warming. Are we talking about the fires christmas. No joke. The average age of these people they probably have fewer here years ahead then be. Youre criticizing them for using their vast wealth to buy homes. And criticizing for not doing as they say and as they do. Theyre just hypocrites, total hypocrites. We dont want to get into the whole topic of Carbon Offsets but im assuming that some of these people by Carbon Offsets for the private jet planes. I doubt it. Isnt this a copout, at the end of the day im not disagreeing but its better than nothing i guess. David better than nothing. Were all big people. After 40 days at the cost of more than 2 billion, the strike is finally over. Details of the deal reached details of the deal reached between uaw and gm momomomom to the outside world, you look good, but you dont feel good. With p

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