Page 15 - We Mack News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Baloney securities, they are going to invest it in investments that they are betting against, they are going to do exactly -- >> the government never invests in anything phony. >> as they did the past 10 years that got a lot of people broke. you cannot turn this over to wall street until wall street shows us that they are prepared to do the right thing. >> has the government ever showed us that it's ready to invest wisely? >> no. in fact, ben bernanke and his counterpart, counterfitter in chief, obama and bernanke, they are robbing us of our savings. i like what e-mack is saying. my 401(k) has...

the u.s. military asked the times not to publish the photos, but the paper's editor defends the move saying, quote, after careful consideration, we decided that publishing a small but representative selection of the photos would fulfill our obligation to readers to report vigorously and impartially on all aspects of the american mission in afghanistan, including the allegation that the images reflect a breakdown in unit discipline that was endangering u.s. troops. chris lawrence, who is joining us live from the pentagon. chris, first of all, how are the military reacting at this poin...

Look pretty. >> david: mike, what happens when the tax cut goes away? >> you are penalizing investing, savings and job creation, david. look -- >> david: what will happen? spell it out for us. are we going to see more job losses or ends of small businesses? what? >> stagnant economy, an economy like when jimmy carter was president. a lot of it is for the same reason. i agree with quinton about one thing. he's half right. spending by bush increase, spending is the problem, not the lower tax rates. the problem is president obama doubled-down on that. >> david: e-mack, point is right now can we a...

>> david: the one group benefitting the most from the oil spill and b.p. $20 billion fund to pay for thedy sast er -- the disaster. it's trial lawyers. e-mack, you say the b.p. should get ready to write lawyers a check? >> yes, it doesn't cover legal fines and lawsuits so of course it's a sweetheart kiss. they saw the exxon valdez fine was vacate and came to the tenth of the original $5 billion. this is similar to the shield funds or the tobacco settlement fund. when we saw this happen with the tobacco fund, 5-10% went to tobacco-related issues and the rest went to higher education for places ...

The government in iran is not directing any of that towards the people of iran to help them. david: and rich, president obama said that one of the reasons for the iran deal was bringing iran out of the dark ages, which had it sunk into. but, in fact, it was empowering the people that wanted to keep it in the dark ages, no? >> that's correct. and i think that secretary of state john kerry and president obama were so concerned about their legacy, that all along the way, they made compromises that kept the government in power. i love the point that e-mack made. you know, there are so many bright,...