Ourselves and using taxpayer dollars. Thats my question. Charles a little more upset. Their work fulltime for the union. Even though theyre being paid by the irs. What does it take to get a bonus . You know, you get a bonus because you go above and beyond your job and do something extraordinary. Heres my question, to the audit more people, find more loopholes or did they just when the limbo contest . What do you have to do . Its a great point because in finance you can quantify exactly what someone does to get a bonus. How much more money made on the money you were given. What to do with these guys . You collected this much more . Acting chairman saying this is not a reflection of a Quality Performance of the work done by you or your colleagues but an unfortunate byproduct of the budgetary situation. What you mean is not a reflection of the quality of the work . Thats when a bonuses. Suppose to exactly reflect the quality of the work you did and did not to. Why in the world would not be in response to the poor job they have done . Charles is this just that union, its like a euphemism. Guaranteed. By definition about this is not guaranteed. Its an incentive to work harder and do more, stay later, produce more. It is not guaranteed. Charles may be to your point they did do what they wanted. Maybe they did turn it. Maybe by targeting people like you they get these bonuses and thats of the erin did. The stairs in because everyone can make mistakes. You have to file taxes, it takes a phd. Charles i do one sheet. Was it the fact that they have all these tax dollars because she forgot to file that should put good will the nations . Ag guarantee these are six figures in most cases are much more than anything if they ever actually collected from people. Charles here we are in this era of sequester, shared sacrifice, government actually trying to do what people watching the show have had to do for the last five years, tighten the belt and go without and maybe lose a House Committee lose a job. This is outrageous. No matter what side of the political aisle, you should be upset. And in the wake of all this serious economists are sanguine need to dramatically overhaul the tax system. This is just the nature of the beast. People are doling out money that is not theirs. They dont do it in the same way we would if it is years. When you have government workers giving other government workers bonuses the more generous with it. Thats why you see economists say we need a simpler tax code, something that takes the temptation out of it where it is not so subjective 26 here is the thing, this is more powerful every day. The more powerful against the more powerful it becomes. Might have gone past the point where anyone can run the san. Nine know why our country is 7 trillion in debt. Go look at detroit. The reason why detroit is bankrupt is because of the union involvement. Show me in case an example that helps the business long term. The majority usually have to close their doors and lose all their workers. Look at walmart. Now on no where government is in trouble. Charles the president is a friend of the union. What do you think . This it feels Like Washington is so tone deaf. At least the commissioner stepped up and said you guys will get it, although he tried to couch it in a way that did not imply that they did a poor job. However he does i hope that they stand up and dont go through with it. Its darwiniin in its nature. This is how Big Government turns out. Thus far we have to slim down the tax code once and for all. I hope the silence that and does not distract from. Charles and help ultimately we dont have to it some sort of a brick wall. Does this seem like we did in epiphany a matter what the news story is in the become more averages each time. Thank you. Appreciate it. There is the irs mess, but the press is all but saying that the budget itself is fixed. Check out these headlines. The meet growing about the 116 billion surplus. Raw thats the biggest applause of five years, taxes are way up, and thats one of the things that helps drive the surplus of. Toward that this would give the Administration Person to hike taxes even more. Im concerned because any time theres more revenue in washington, the results of a tax hike or even the result of Economic Growth, what to politicians to . They spend it. Its like giving our callers the keys to a liquor store. We have a combination of two things happening. Obama is getting more money from a vessel clef, not as much as he thought, but mostly the economy, even though with the very weak recovery by historical standards were getting a little bit of additional job growth, little bit of additional Economic Growth command that spins off to the government and the politicians to be allowed. We are getting free candy. Charles heres the thing. The media reports this. It gives the implication that may be the way to go is to just sort of spend willynilly compatibility go is to raise new taxes. In the public, when he says we need to continue with this policy of hiking taxes on the socalled rich, maybe of the public behind. Two things. First, there is appointed richard keep raising taxes so much that you dont collect any more revenue. We have seen that in california. We are seeing it in european countries. Charles california is saying the same thing. We have a surplus. Governor brown as a genius of this policy works. What im saying is by you understand the curve. A lot of people watching this show dont. Maybe we have to get the law of diminishing returns before there is a general epiphany. What happened is actually a great example. California voters approved prop. 32, they impose a tax increase retroactive to january 1st. If youre taxing people an income that they already aired there is not a big laugh for curve effect. 3 when california will get in trouble is a lot of rich people are going to be moving devastate. With a check like more money for this year and next year thats when theyre going to find just like with frances 75 percent tax rate under that crazy president , california politicians will find, wheres the money. And not only that, but even if they collected more money. Does this to you automatiially lose money. It simply says you dont collect as much as you think your going to, and in some rare cases you lose money. The point is, they are just going to spend more. Thats why i have a simple golden rule, the private sector should go faster than the government. What does that mean . Control the growth of government spending. The only fiscal variable at the end of the day that really matters. We see ttat in europe. Charles to your point, we should note, spending in june was 170 billion for our government, the lessons of abrupt 2004 which might be the Silver Lining in all this is right now. Every weekend. Thanks a lot. Thank you. Charles microsoft working closely with an essay take care of over any and all al look emails. More permission next. And then the chaos in egypt is not stopping. Here is what is really alarming. Even with the mess over there folks would rather do business with them and us. The pursuit of a better life for our children is something we all share. But whcan help prepare them for the opportunities ahea who can show thehow to build on your success, but not rely on it. Who can focus on making your legacy last for generations to come . That someone is a Morgan Stanley financial advisor. And were ready to work for you. [ whirring ] [ dog bas ] i want to treat mo dogs. Our Business Needs more cases. [ male announcer ] where do you want to take your business . I need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, Small Business solutions from at t have the security you need to get you there call us. We can show you how at t solutions can help you do what you do. Even better. Can help you do what you do. Even better. Hey, buddy . Oh, hey, flo. You want to see something cool snapshot, from progressive my Insurance Company told me not to talk to people like you. You always do what they tell you . No. Try it, and see what your good dving can save you. You dont even have to switch. Unless youre scared. Im not scared, s. No, you cant. Pretty sure we can. Try snapshot today no pressure. The. Charles it looks like microsoft may be playing hard to get. The tech giant reportedly gave despite agency easy access. Outlook and how mail email service. This new scandal keeps getting worse and worse. I didnt think that it could, but certainly it is unnerving to think that all of these giants are falling over and cooperate with the governments. You know, i didnt think it could get any worse either. You anticipate these things, but to find out that it is actually happeniig is very concerning. Also, you have to wonder why the American Government is so far strong against snowdon. It sounds like theyre not concerned about what he is giving to foreign entities but are more concerned with what he is telling the American People. Charles or what else he could have. I know he has turned to actually release more information, but my problem is, okay, i expect government spying. I think we have all come to the realization, but the idea that if i do a search, go on microsoft, if im using a look, somehow all of this stuff instantaneously is at the fingertips of the government, how does it make you feel . Its very alarming and disturbing. It to be doing personal things. Of video diary are adjusted journal itself. They clearly can and will be held against you. More importantly, we had congressman back in the day tell us we had to do these things in the age of technology and intelligence that tokyos for National Security. At the same time americans and really wonder what that meant. It is master many questions. Think its time now we are entering a new election cycle tt make this immunity away from this National Security interest. When people go on skype and talk to somebody, they dont realize that video is being catalogued, downloaded, and stored. Charles in other words, if someone sceptic cousin in, you dont think thats a major security issue . No. I dont think so. Whats interesting, just regular americans. What americans need to do is to rise up and say, you know what, we have had enough. The bill of rights are important. We do not cover this kind govern this country by proclamation. Charles i love the idea, is not about whether youre doing something wrong. Its about your rights and protecting them. When you give them away you never get them back. Thank you. Thank you. Charles i want to say that microsoft actually has issued a statement on this. I want to read that now. Its on your screen. Microsoft does not provide government with a blanket or direct access to this guy drive, ill look, skype, or any microsoft product. Of course all over the internet people are saying the exact opposite preview will continue to drill into that. Here is why the Health Care Law could be a sinking ship. Even unions a jumping ship. Why some of the president s biggest backers are backing away the boys used double miles from their capital one venture card to fly home for the big family reunion. You must be garths father . Hello. Mother. Mother traveling is easy with the venture card because you can fly any airline anytim two words. Double miles this guy can act. Wanna play dodge rock . Oh, you guys and with double miles you can actuay use, wanna play dodge rock . You never miss the fun. Beardrowing contest a go win whats in your wallet . Win if youve got it, you know how hard it can be to breathe and man, you know how that feels. Copd includephysema and chronic bronchitis. Spiriva is a oncedaily inled copd maintenance treatment ththat helps open my obstructed airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide halation powder does not replace fastacting inhalers for sudden symptoms. Tell youdoctor if you ha kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other de effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask ur doctor about spiriva. Charles another day, another health care blow, another union saying it is not happy and it is launching answer show it. A big electronic Workers Union blasted president obama over the law saying he is not delivering what he promised. Not a good way to end an already tough week for the Health Care Law. The unions, this is a huge steel. Out in force to support Health Reform and now we have unions and retail construction transportation and firefighters stepping up and sang we will break ranks. We did the math and see that Health Reform is driving up our insurance costs because the will have to cover preexisting conditions and all sorts of things. The unions are saying, we want subsidies for our lower income workers because the cost is torn up. The Administration Takes note of that. The other thing, the unions fear that the workers are going to be dropped from companys insurance come to put on test data exchanges. Why would it you need a union strike would obliterate the need for unions because they do collective bargaining for of insurance. Charles and so we all have to find out what was in the bill will forecasted. Now it doesnt seem like anyone is happy. Its a shocker the unions are reacting this way. It is and isnt. Millions of americans can expect that their employers are going to sunset there up insurance plans. Obamacare states that any employer that provides employment to more than 50 workers us to provide Health Insurance coverage that means that is essential requirement coverage stated in the law. If they dont dare find to the 3,000 per worker. That is something that most companies can follow. Maybe mcdonalds cant, but we know that Companies Like darden restaurants, dennys, public jounce pizza, theyre all finding ways to deal with the risk of whether cutting employees, making more parttime , adding surcharges to the customers. This is a very alarming thing. This was from my perspective a great blow. Charles we saw some of the things was passed. Loopholes, waivers. Always felt like the unions, the president have the unions back. Maybe doesnt. Maybe it will be at the mercy like everyone else. Well, i am willing to find the good news here. As a journalist sometimes write a story and find out the bulk of the sides the road about a your story. As the out virginity to pat yourself on the back and say you did a good job. I think the fact that unions and management are upset about this legislation tells us that maybe it is accomplishing exactly what it set out to do. I need to remind everybody says it has not been said once, adding tens of millions of more americans to the roles of people who get Health Insurance. One last point to make. It should not come as a surprise that the people are upset about the way some of it is going to play out. She makes a good point. Everyone has to buckle up and say were covering more. The person did to you get to keep your Health Insurance as it is, but that is what that is now happening for us right now. This is dangerous. Charles one of many promises. And i think hes getting to a point that a lot of the supporters of obamacare sank bella is good, but is being implemented poorly. This is a fundamentally flawed law that is also being implemented poorly. I dont think that it is a simple issue of administrative failure here. Charles let me just say, first of all, we know there is a distinct difference between Health Care Insurance and Quality Health care or even real access to health care, but this was sold as something of an economic elixir. And that was passed and everyone said dont worry about the cost. Its all about the humanity of it. Its not the humanity of it does not work. I understand your point. If you say that it was sold as an economic elixir, not going to disagree with you. That is never what thats never why i liked it or why supported it. Furthermore, i dont think thats why you or against it. I dont know where sabrina has been, but i only need to set of know what your position was. I know you have been against this all along. I have been for a long. I dont see this as an economic elixir. I see it as a way to give more people of the insurance come getting real people of insurance is good. I want to give more people of insurance, but i dont think this is an efficient or effective way to do it, and there are lots of ways that we could have tweet our existing healthinsurance system on the margins to have made some drastic improvements. Think that this is going to be a miserable failure. Charles well, you started this. Ready think its going to go . More unions would get upset . I think theyre going to get upset. There are already action plans. Hey, wait a second, this is what Health Reform is doing. It could drive up your own insurance coverage. 5 , 10 . When they got rejected for subsidies for lowincome workers and their jobs the union said we have to take action. Charles the bottom line, it has been a bad week for the new Health Care Law. Speaking of bad weeks, the mess in egypt is costing taxpayers in egypt is costing taxpayers billions of dollars in aid. I will the gas pump . 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