Pat Is News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> certainly. and certainly a significant impact in terms of their end goal which is terrorization. i mean whether the core leadership and inner circle of al-qaeda have an operational role in this terror plot is real of of no consequence. the end result is the same, potentially massive fatalities. the amateurish quote, unquote, characterization that i'm hearing it is a relates to the endeavor is really of no consequence either. look, they tried to get the brooklyn bridge. they tried to flood the hudson river tunnels. the synagogues up in the bronx. destroying the fuel lines at jfk. long island...

About 20 million jobs over -- 2 million jobs over the next 20 years. this is a killer. it's a tax like anything else. cap and trade, whether you call it epa regulation, this is another burden we're placing on the back of the american consumer, all because obama thinks this is the right way to go. >> well, erik, it's all going kind of to the back burner, i'd say. >> gary is 100% right. it's a way to raise taxes and garner control. they want control of health care and energy, which is probably the least thing is health care. but cap and trade is tax, but we have an idea of what it costs. the pro...

And people who lost their jobs and are in homes they can't afford anymore won't be helped by this. >> it's not really the banks. it's this government agency that is having trouble admittedly, the administration says this just isn't working. >> brenda, government is the only entity dumb enough, dumb enough to encourage failure. that's what they're doing. they're saying, you know what, if you want to try the housing market, go ahead. we'll bail you out. the problem with that is free markets say it's okay to fail. you can fail because fail brings innovation. innovation, therefore, breeds success....

This bit? >> there is no costless way to reduce carbon emissions. it's what you want to do. there is no costless way to do that. it costs money whether you call that a tax or cap and trade, i don't care what you call it, it costs money. and the problem with trying to sell it politically as we'll offset this with jobs created elsewhere, it doesn't work. if you think that reducing carbon emissions is a laudable goal, it will cost money for the economy. >> okay. toby, i got to give you the last word. >> well, finally, i'm going to say, pat is right. when we look at the cost versus benefit, like a...

2 million jobs over the next 20 years. this is a killer. it's a tax like anything else. cap and trade, whether you call it epa regulation, this is another burden we're placing on the back of the american consumer, all because obama thinks this is the right way to go. >> well, erik, it's all going kind of to the back burner, i'd say. >> gary is 100% right. it's a way to raise taxes and garner control. they want control of health care and energy, which is probably the least thing is health care. but cap and trade is tax, but we have an idea of what it costs. the problem with the epa empowerment ...