Page 17 - Gary B News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Money to improve this. it's the fear factor and so we have to be prepared for it. >> julian? >> jonas is right on everything he stated about the safety factor and secondly, idea that you would use this for a gas tax, that's silly since we have a gas tax and third thing is the thing you really have to watch out for. collection of the data to mon advertise it, the kinds of things you buy and where you go. the data you have to have strict rules. >> we have that with progressive insurance and the box that tells you where you are and the insurance rate 400 bucks. and they found they have a 20% safe...

A disproportionate amount-- >> gary b, you live i maryland, should you and maryland be paying for what detroit or michigan is deciding to do with unions and pensions and how they got themselves in this mess in the first place? >> exactly, brenda. i kind of agree with jonas. i'm not sure i'd be so quick bail out cities with national catastrophes. they decided to live there and build there. but jonas it right, a lot of cities like detroit are heavily unionized. they invested heavily in these gold-plated cadillac-like government pensions as the revenues have dropped off and diminished and detroit...

Agency that republicans and democrats agree to be the ultimate authority is the congressional budget office. they looked at this question and they found that raising the top, the rates on the top 2% will have virtually no impact on gdp and virtually no impact on job formation, the republicans in congress didn't like that study. so they asked the crs. congressional research service to review the data and come up with conclusions and guess what, they looked at this and said the same thing, almost no impact on job creation, no impact on gdp formation, almost all of the economists seem to be unani...

Mcdonald's in new york city. from mickey d's to wal-mart to one of our nation's busiest airports to key shipping ports. big labor is flexing its big muscles after the election and gary b, you say it's a big problem for us, the consumers, how so? >> absolutely, brenda, look, everyone should realize what unions are, unions are a little monopoly in the company and exercising the the monopoly powers, raise the rates and this days the wages for their employees through an unsustainable level. so what the employees have to do is pass those costs on to the consumer. you know, you just have to ask, bre...

Tobin smith. jonas max ferris and larry glazier, welcome to everybody. and larry, you say delay it? >> that's right, that's right, brenda, given the choice between the loss of millions of jobs in a deep and severe recession or delaying a deal in hopes of getting meaningful spending cuts in washington, the kind of spending that would cut the 4 billion dollars worth of additional spending every day, that's the long-term not the short-term to prevent being back in this place a year from now and that's going to get the country back on its feet. >> don't get excited. i know gary b will as well. and...