Page 39 - Gary B News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investing again. >> brenda: it's a very different time with the clinton years we were in the middle of an internet bubble at the time. and was the recovery as tepid as now, is it time it hike people's taxes? to take more money out of their pockets? >> it's not, brenda and actually bill clinton said that, we should wait until economic conditions improve. he didn't say we ought to do it right away. he said when recovery is afoot and have the growth of the late 90's, we ought to have taxes of the late 90's, not that controversial point. i want to go back to something gary said. a philosophical co...

Everyone wants to and i hate to use this cliche, but they want to kick this can down the road and this is the same kind of problem, we are-- we've talked about this so many times, we're greece, we are spain, we're portugal and doing the same darn things, no one wants to step up to, we will never be an i believe to raise taxes enough. we're going down the wrong road and yet, the bill clinton comes up, let's raise taxes on everyone. and when, you know what government is, more of the money they take in. it's ridiculous. >> gary, my point is this: we already have 40 trillion dollars of promises we...

Charlie is our expert on that, on the occupy wall street movement, right, and he's not here today. >> neil: actually, i am, i spent a whole day with them. a whole day. >> and they, i think they are a minority in-- okay. well, i haven't spent any time out there. i jogged by in san francisco from time to time and i see them, but i think they're a minority, neil. i don't think most americans think that. i think most americans do identify with what the governor said and in fact, you know, president clinton was successful in trying to lower the welfare rosters. >> it's going in reverse now. gary, w...

For crying out loud. >> let's talk about the outer banks, 1982 going all the way back and we took the, essentially the continental he banks off florida and virginia off the table and that now is the way we used to drill, maybe 15 billion per gallon, but the new sec knowledge and looking at it like it's 20 years ago. a. we could get 200 to 300 garls. it wouldn't be off shore it'd be off shore horizontal. >> i can't build a rig off shore, the government owns it have the rights to control it and take considerations like florida and the industry. >> brenda: let gary b respond to na? >> yes, that's...

Supposed to take. >> can i make my own analogie analogies, now, we have a bigger issue here, and we know to gary b's point. we have enough oil in both anwar and on shore, that at the margin, prices, yes, are hit by the incertainty. but at the margin, it's the new oil that's coming on that's available and the amount of every day excess supply that would bring us down to the 85 and $75 price point and we can do it now in the united states and we have the shale oil revolution and we have the keystone pipeline that would actually bring another 2 million barrels and we could have 5 million extra ba...