Page 38 - Tobin Smith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

taxes to solve this debt crisis? >> well, as great britain came up and decided to tell the truth that no one else is willing to say and we've been saying on the show for years, you can only kick the can so far and by the way, if 50% of them taxes and 20% of people pay all the taxes, somebody's got to kick in more. now, we keep think it's the 1%, but we know if you took all of the income of the 1%, and taxed it 100%, we'd still be 5 trillion dollars in a deficit. so, guess what, everybody's got the pain coming and that's what i've been saying for a long time. >> brenda: finally, you g...

>> the tsa in trouble again. uncovering hundreds of millions in unused equipment piling up in a warehouse, instead of being put to work in airports, this is your tax money, folks! >> and gary b says he knows how to fix it. go ahead, mr. smith. >> three words, brenda, privatize the tsa. you know, you would think the author of the bill that created the tsa would be a firm supporter. you know what he said? let me read you a couple of quotes. he says, one, the program has been hijacked by bureaucrats, and it's mushrooming into an army, brenda. they've spent 1 billion dollars training workers, they...

going in the wrong direction and people are still talking about green shoots and positive developments and i don't see any of it. >> brenda: we're still growing as an economy, it may not be as fast as everybody would hope for, but 2.2% that's not anything to sneeze at really. >> absolutely, and the projections this year he for 2.5%, you know, one quarter, but it does feel to most people like we're in a recession and we'll continue to feel that way until the economy gets back to where it was before 2008, and especially before the wall street financial collapse. and the big drag right ...

are we still in a recession? >> brenda, of course we're still in a recession if not approaching depression. when we talk about 83% of americans are recognizing we might be in recession, i think that number is low. i think that when you look at all the statistics that are out there, the home, new home starts, foreclosures are up. mutual funds outflows are up. and everything you think of as a good economic metric is going in the wrong direction and people are still talking about green shoots and positive developments and i don't see any of it. >> brenda: we're still growing as an econo...

and sent men into space and we built canals and railroads, and we know how to do any of those beforehand and you know who took the risk, the manufacturers, the companies, the corporations out there took the risk and if ne failthe failed. it's another way to transfer money from one to another without supposedly anyone taking any risk, it's goofy and should be be stopped. >> well, scott, actually about a third of the workers in georgia upon-- that's the state upon which this whole program is based, found full-time work from this. that's better than nobody. a third of the workers. >> we...