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End of the year, tax cuts expire. bunch of automatic spending cuts that go in the place. and what you need to do to help make sure the economy is strengthening is give american people more confidence the political leaders in washington will come together, make a compromise they need to make another substantial down payment on the long-term deficit production. bret: this afternoon, president obama signed a law making members of congress the exective branch and federal workers subject to the same insider trading stock laws as everyone else. the rules prohibit those people from profits from the nonpublic information learned on the job. stocks took a tumble today. the dow dropped 125. the s&p 500 lost 14. the nasdaq fell 45. gasoline was up a half penny overnight. the national average is now $3.93 a gallon. crude oil lost $2.50 to close under $102 a barrel for the first time since mid-february. now to oil and politics. ....
don t believe me. let your eyes and your ears do the judging. and we must warn you, some of the images you re about to see are quite graphic. for example, remember this? an unarmed man surrounded by troops and executed. [ gunshot ] [ speaking foreign language ]. [ gunshots ] listen to syria s ambassador to the united states explain what s happening. what i am saying is very clear. the government of syria does not approve of this, and we everyone who has who has wrongfully committed a crime will be held accountable. but the video evidence coming out of syria almost daily for six months now suggests otherwise. more troubling images. these of a 13-year-old boy named hamza. his beaten and burned body dumped back at his parents home. this is back in may. in what human rights activists called an act of regime intimidation. now these images from august in houma. shirtless men kneeling and military men kicking and demeaning them. [ speaking foreign language ]. ....
no deal on the debt ceiling, but it is a new day. our sources say president obama is trying to koex members of his own party, while cutting as much as $3 trillion in spending. that is going to mean changes in health and retirement programs, also puts off tax reform, something a lot of people felt is very important, until later. the details are very fluid. no agreements yet. congressional democrats are very nervous. the president trying to figure out a way to work it out. he s holding a two-hour meeting at the white house. he did that last night. writing about compromise in this morning s usa today. some of the cuts would target worthwhile programs that do a lot of good for our country. there are cuts some people in my own party aren t too happy about and frankly, i wouldn t make them if we didn t have so much debt. this is a sales pitch to the american people, many who want less finger pointing and more action. i blame both parties for the stalemate. all the peo ....
That. to put a guy like that in front of a project like that suggests that you are not serious about getting it done. and you don t, in fact, want to reduce level of regulatory state. it s like joe biden is put in charge with negotiating with republicans about deficit production. if you don t want to do anything, you obviously put joe biden in charge of it. glenn: slept through the speech. knocked out. the way it s to implement the public policy without paying for it. you can get businesses to do things you want them to do and it never shows up on the books. we spend $1.7 trillion a year in regulatory compliance costs for american businesses. that is more than businesses pay in corporate income taxes. that s more than more corporate profits in america put together. that s a really nice kind of low-cost way to get your agenda put out, a, not having congress over it. b ever having to ask voters ....