tv Book TV CSPAN July 18, 2009 8:00am-9:00am EDT
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a pulitzer prize winner edward humes propose the multimillionaire's try to take the planet green. dick morris and eileen mcgann have the latest assessment of what they believe president obama is doing wrong as executive. dick morris is a former clinton the political consultant and discuss what republicans should do to stop the obama agenda. book review in new york hosts
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this event, this lasts about an hour. [applause] >> thank you. you know, but my ego is in such that when i encountered the traffic it i realized it was for the yankee game. [laughter] by am delighted to see everybody here, thank you very much for coming and i apologize for being late. thank you. who else, these are very difficult times. i'm very happy that to found a bank to co-sponsor this that isn't owned by obama. [laughter] somehow i don't think aig will sponsor this kind of events and m.r.. [laughter] this is on to be smiling but -- you can't do anything else -- this is a very difficult time,
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of course, in this country and we are not suffering right now because of a recession that started under george bush. we are suffering primarily because of the cure for the recession, adopted by barack obama. [applause] because of the recession itself mcgann as a normal flow of the capitalist system and it is probably ending by about now. it is in china and other countries throughout the world, but it's not. the reason it's not here is not the disease, it is the consequences of secured. [applause] what obama did when he took office was surpassed this massive stimulus spending program and the stimulus program which is never a means to end
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the recession. of the recession was the means to get the stimulus program passed. [applause] because the stimulus program included eight years of democratic spending dreams, some of which are quite good. broadband computer access, renovating schools, expanding early to tell of a education -- good stuff. but over eight years. when the money is coming in. when you don't have to borrow it. to do it in one week and along with a lot of other garbage in that package that i'm sure you know all about like to under $50,000 for a tattoo removal parvenu in los angeles. in san francisco the idea of a tattoo removal hasn't caught on yet. [laughter] but the idea that this massive spending would somehow lift up the economy is just totally
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wrong and it was wrong when they did in japan. for 20 years they've had it stimulus spending in japan. when they started in 1990, the ratio of debt to the economy was 25%. now the debt is two and half times the economy, to under 50%. and you know what, over the last 20 years japan now has a gdp lower than it did 20 years ago. is an absolutely no good and when bush send out checks in 2008 it did absolutely no good. the reason is very simple and we explain it in "catastrophe". the idea of keynesian economics, that theory has been replaced by the theory of rational expectations which says we are not stupid. [laughter] when we get a check in the mail and are in danger of losing our jobs and in danger of losing our houses, we do not run out and buy a flat screen tvs. thank goodness we buy books.
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a [laughter] [applause] but not flat screen televisions or cars, so in the month of april the total household income in the united states rose from $121 billion, 50 billion of which was the stimulus money coming back to us. but savings rose by 100 and $31 billion, a 10 million more than a household income went up. what that meant was we didn't spend a dime. you put it all paying down our credit cards, catching up on our mortgages, paying down our bills and those of us who are really well-off and into treasury bills and those of us were realistic put it in the ps p -- posture pubic savings program, put it under the mattress. [laughter] the safest place. but the point is we did not go out and spend it.
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and then obama, however having spent the money now is running around the world with a tin cup of borrowing over $100 billion a week, a 2 trillion by october 1st, and when you're trying to borrow that much money and drives up interest rates. people aren't going to lead a tear for nothing, they're going to charge rates in as a result long-term interest rates have doubled since he took office. mortgage rates have gone up by a full point in six weeks. now, i thank you for not going winless that i worked for bill clinton, they said i work for bill clinton. at to tell you, this was not the way bill clinton handled a recession. bill clinton and eliminated the deficit, barack obama has quadrupled it. bill clinton cut mortgage interest rates by three or four points, obama is letting them go up. bill clinton eliminated the deficit by cutting the capital
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gains tax from 20% to 20 and i'm not crazy, you cut the capital gains and more people sell and buy. there is no more transaction and produces more revenue have permitted us to eliminate the budget deficit. i remember sitting with him with a yellow pad in the oval office and he literally wrote the budget from memory, this guy didn't need anything. he knew everyone of of 2000 mines and the federal budget and he wrote a budget. those cuts ended up being completely meaningless. the only cut that mattered was the capital gains tax cut because that generated revenues that eliminated the deficit, but obama is doing the opposite. so increasing the deficit that when you go to borrow money for your refinancing of their home the fed is elbowing you're out of the way. now the federal reserve board knows that if they let interest rates go as high as they're going to go with this massive borrowing we will be in the great depression so they know they're doing, they are printing
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money. they don't call it printing money -- the collet buying treasury securities. or buying stocks, but what it does is they are buying stocks and putting money that is not there into the economy. now, imagine that it's as if in your cars obama came around and said i'm going to give you all -- the fed can and said i'm going to give you all a full tank of gas and the when duran shooting gas into your cars until the laws of both. and every car in the country was now on full. but people did not want to drive because it was snowing are raining or lousy weather so they figured there would put the car into the parking garage. then when the weather improved in the economy got better they would come out of the parking garage and then they would use the gas. the problem is they're going to do this all at once. now, you are no strangers to traffic living for your them, but the point is that this is going to be incredible inflation
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because way too much money is going to be chasing away too few goods. you know the total amounts of money in circulation has tripled since october 1st? tripled. i don't mean like 10% or 20%, i mean 300% increase from 800 billion to 2.5 trillion. and that money now is not being spent, it is sitting under the mattress is like a said or pay down debts and stuff, but was the economy starts recovering it is nice to come out messily. you are going to have unbelievable inflation. so that's the catastrophe. we were coming at this recession, it went down like this and never coming out. now we are being hit with higher interest rates and are going to go right back in, deeper and deeper and then will begin eventually to recover like capitalism oss and as we come back we're going to be hit with inflation on the back and a lack.
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and these diseases of a prolonged recession increased unemployment and inflation at the end of it and perhaps during if we may have depressed inflation and forget stagflation -- inflation while we have a depression -- are all the consequences of barack obama's determination to pass a $1.4 trillion in new spending. not to stimulate the economy but to grow the government and do the spending per go now when he took office, 33 percent of the economy went to government. 21 to the fed and 12 to state and local. now after the spending package its 39 to 40%. and once his health care program is approved if it is that will be 45%. now germany is at 47, france is at 50, sweden for god's sake is only at 54, so every are really getting up there with the socialist regimes of europe
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which was his goal all along. now then the next chapter in our book and by the way, i'm sorry, i want to explain something about his psychology. barack obama has a european idea in his mind. he is a european social democrats, that is because you went to college in europe, harvard. [laughter] the charles rivers is a lot wider than the atlantic ocean. and he got the european ideals which is the distribution of wealth rather than creation. regulation and therefore fairness as apportioned by the government rather than freedom and entrepreneurialism and individual creativity. now, you go to him and say, all the sacrifice economic growth? and is being honest to say, yes, it will not just like in europe and has, but we've had growth for 40 years and now it's time for us to have dennis. which would be his new.
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of fairness being give money to people that haven't worked for it and haven't earned it and taking it from people that have. but that is his notion of fairness and it is the european notion. listen, i am forever income redistribution and think it's very important. that's why we have the most progressive tax system in the world. we do more to redistribute income through our income tax than any other country in the world does. the top 1 percent in this country makes 21 percent of the income, but it pays 41 percent of the income tax. the top 10 percent of this country which is about 100,000 year pace 70 percent of the taxes. the top 25% which is household income of about 75,000 year peace 86% of the taxes. the bottom 50% which is less than $48,000 household income a
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year pays 3 percent of the tax. and other obama they will pay zero. and, in fact, what he is going to do is to take the number of people that don't pay taxes at all and raise it from about 35% to about 55 percent of the total country and then give them money back. so the 55% of the people will have a party on april 15th, it's going to be a good day, not because of birthday but because they are getting refunds of money they never pay. and it really means that 55 to 60 percent of this country will have a net positive transaction with the irs, they will receive money. and a smaller and smaller group of people will pay more and more of the taxes. they become politically impotent. he can raise taxes as much as he wants, who cares, we are not paying its and where the majority of the voters and that is because warfare system that obama socialism is predicated
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on. >> [inaudible] [applause] >> you got that right. i don't know, do brown's account? [laughter] but listen, the point is that this top 1 percent, top 20 percent may be a button politically but not financially. the top 1 percent of the country spends a fifth of a money. the top 24 percent of the country spends two-thirds of the money. and obama is about to realize that you cannot declare war on the productive parts of society. you can't replace the war on poverty or the war on prosperity and have your economy grow. [applause] now that's not the bad news. [laughter] the bad news is what he is planning to do with health care reform. because you can always recover
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from taxes by repealing them, but once he destroys the healthcare system in the united states there is no going back. now, he says that he is going to increase efficiency in health care and that that is going to save enough money so that he can cover people that are now not covered. now what efficiency means is it means saying no, it means a note, your r7 years old and can't have any replacement, no, you're 75 and can't have a hip replacement but what if i spend my own money? know, the doctor can perform abortions to all of his blue in the face but it gives you a hip replacement after we said no he will lose his license and more cruelly and says you're eight years old and a diabetic, you can't have bypass surgery. you're going to die. and this is empowering the government to make this kind of decisions. how will the of power them? they will empower them because they will either be a public
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health care system, a public health care provider, an insurance company run by the government, which will compete with private firms. that is like the kentucky derby but one of the horses as on steroids. [laughter] is giving subsidies from the government and obviously going to defeat the ones that are not giving subsidies from the government and then you have a single payer, the government plan. but even if that isn't the case, the government is going to use its power over the private companies even if there is no public company to force this kind of rationing and the reason is that you cannot expand medical care by writing a check. you can expand schools by writing a check, higher some extra teachers. you can expand defense spending by writing a check coming to build some more tanks and airplanes. but medical care requires a doctor and a nurse and there are 800,000 doctors and are only 1.4 million vs to treat the
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country. and they are working like crazy trying to treat 252 million americans receive health insurance now. they're going to have to cover another 48 million americans who are not covered it is going to be less medical care for the rest of us. it is like sleeping with a blanket that is too small, a. it gets cold or your feet to put on us to grow the blanket that is the choice your face. now obviously we need to cover those 48 million people. obviously they are entitled to health care, but do it in the right way. expand the number of doctors, expand the number of nurses and while that is happening than expand the number of patients. but don't magically decree you are going to cover them automatically because and then the only way you can do it is by rationing and cost control. when he says cost-control he means paying doctors less money and when you have that you have your doctors, right?
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so the cycle just perpetuates itself and is worse and worse. you end up with the situation they have now and canada. one of the big reasons we rush to this book into printing, we only finished writing on may 6th, within the store six weeks later -- is to get the facts about the canadian health care system out there to the american people. canada has a 16% higher cancer death rate than in the united states. and half as many poor people so you think it would be the other way around. a 6% higher heart disease death rate. it is an eight week wait in canada for radiation for cancer. you have to open -- you have to be -- it is an eight month rate in canada for a colonoscopy. and as a result the incidence of colon cancer in canada is 25% higher than it is in the u.s..
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and the top two medicines that we use for chemotherapy for advance stage colon cancer are both banned in canada. not because of health or safety concerns but because they're too expensive so they make patients receiving the medication, we stopped using it 10 years ago. and as a result if you get colon cancer in canada you have a 41 percent chance of dying or as if you get in the united states to have a 32 percent chance of dying. so the next time you are talking to somebody like your children and they are in favor of health insurance, tell them if mom got cancer which is likely to have to wait eight weeks to get radiation because there weren't enough machines and enough doctors to go around? because that is the price of what obama is doing. it is not that he will ever catch up with a number of doctors because the cost control he is imposing will reduce the number of doctors and will create longer and longer delays. four years ago there was only a four week wait for radiation in
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canada, last year at one to eight weeks and it's getting worse and more is because the number of doctors is going down and down. that is what barack obama is trying to do to our health care system and we can't let him do that. [applause] and we can stop it. in the book "catastrophe" you'll find a hit list of all of those democratic congressman who get elected as conservatives and then go to washington and vote whichever way nancy pelosi tells them to vote to. [laughter] and we are going to go after those people to educate their district about what they're doing and to defeat them in the election that is coming up. [applause] and if you go to dick morris.com and you enter your e-mail
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address will keep you posted on how to do that as we move to the selection season. now, sometimes with the democrats do it is this phony business of voting against what pelosi wants so that they can get reelected, but making sure that there are 219 who do what she says so the bill passes. that's exactly what happened with the cap and trade legislation. now the capt. trade bill, let me say this very clearly -- higher utility rates are not an unintended consequence of a cap and trade regulation. they are a secret goal. they have decided the way to reduce carbon emissions is to make to use a look best less electricity and they are doing that by doubling your utility rates and they're doing that by taxing plans that use coal to generate a logical power and the
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goal here is to increase the utility rate. the can't do it as a tack -- texaco cap and train which nobody understands but it will have the same net effect. no i don't know if you agree with me and i'm sure many here who don't, but i honestly believe that global warming is happening and i honestly believe that a large part of it is manmade. 2/3 i think is natural but we can't stop volcanoes but we can deal with our third. but you've got to look at the facts. half of the carbon emissions in the united states are from cars, not from industry, not from electricity, generating plants. and when we begin to switch to electric cars which we are about to do and then beyond that switch to hybrid hydrogen cars which is going to come shortly after that, that is going to dramatically reduce our carbon output. question, where to get electricity to fuel the cars? we get it at night, we planted
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in overnight while we're sleeping. and 30% of our power in the country is pretty clean, it is nuclear, hydro and a little bit of solar and wind and all that stuff and it's all going to go up. and at night that is all use use because there are those on industry's operating tonight so it is off peak hours, recharger a car in the next to you drive 60 or 100 miles without using a drop of gasoline. if you drive a little more than that the gas engine kicks and put you are talking about a crash in utilization of gasoline. and a tremendous reduction in the carbon emissions in the united states. for more than cap and trade will ever cause in the utility business. and you want to deal with carbon emissions? how about dealing with china and india. [applause] if we pass the obama program completely and we made all of its goals, carbon emissions will
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still go up because of india and china. and until we get serious on that front, which we can't because of all the money obama is borrowing, we will be unable to really effectively reduce that. now, obama's plan for socialism and the united states is largely covert one. when he is doing is he is getting one horse in each race like the derby, he has gm that that is going to compete with ford, he has a banks that get to work monday that are going to compete with banks that don't get it coming it is going to have a public health insurance plan that is going to compete with the private health insurance plan, and when he says in his press conference three days ago that leidy think the private plan will lose the competition, you're saying private is more efficient, yours and government can run anything -- well, they win the
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competition? no, you so and so, you're subsidizing them. you are writing them a blank check. and if we -- know we are not, we are borrowing the money. but the point is that if you are subsidizing these companies, of course, there are going to win the competition because there is no competition and the future here of general motors is obvious. gm could become profitable and we didn't have to produce cars and that nobody wants to buy because of their fuel-efficient. if they could produce the s.u.v. that everybody wants to buy general motors could be highly profitable but the federal government isn't about to let gm violated sun standards so what's went to happen is that gm will produce cars and that nobody wants to buy, it's not going to be profitable, but 60,000 autoworkers are not going to lose their jobs. that is not a problem but losing the union memberships and dues, that is obama's problem. so he is going to keep general motors live at our expense forever and ever. and it's clear to become just
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like those industries that the chinese government subsidizes up with 40 percent of their budget that produced nothing of any consequence. nobody wants with a make of that employed a couple hundred million people and the chinese different can't stop subsidizing them because it will have a revolution on the hands. thus the system he literally is bringing to the united states. when he was elected the big thing he cried about was a mortgage foreclosures. well, he has been president for six months now. you know that in the last month there were 411,000 mortgage foreclosures and there were only 11,500 mortgage workouts. it's because nobody is eligible for his programs. if you have fallen behind in your mortgages you are not eligible, if your current in your mortgages are not eligible. if you're in foreclosure you are not eligible but if you are currently not eligible. you have to be like one month for two months behind and then
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you are eligible unless you're a part of the half of all mortgages that are not guaranteed by fannie mae. unless your mortgage is not under seven and 50,000. unless you're not your primary residence and so on and so on. so the point -- and unless was he refinances you cannot pay more than 31 percent of your income in mortgage finance. so nobody is eligible. you've lost your job you are not eligible and that is why the foreclosures are continuing and it shows the hypocrisy of his crocodile tears. why doesn't he simply do it the government's should do what they did in sweden which is to buy these mortgages, buy these homes and say you've got a new lender, the government, you've got a new landlord, the government and we wanted to play as which you can and keep your home and when this depression is over then we will charge of the full amount and then we want you to vps the amount we putin. you know why he won't do that?
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because he would have to throw people of their homes if they want to the refinancing. once the thing is over and come to them and say that you get to sell your house and pay back the money i went to the lead to stay in your house or not you have to refinance and amy back, and they say no, the government doesn't want to be pardoned people out of their homes. in sweden they bit the bullet and they did and i got through this crisis with very few people losing their homes, very few foreclosures and at the end of the process the government of sweden made a profit on the deal. we could do, it is just that obama doesn't have the guts to do that. now, to accomplish the changes that barack obama has in mind, he is going to have to usher in not just a real action, not just a congressional victory in 2010, but a 20 your time of political domination. by the left-wing of the democratic party. and away he plans to do it crinoline in a chapter in this
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book, for parts to it -- first is going to put the census -- the consensus by counting people that aren't there. the call that sampling. it reminds me very much of what our constitution was written. the slaveholders said count all the slaves as five eighths of a person. they can't vote, they are in chains and we buy and sell them like cattle, but count them so we can get the extra electoral votes and the extra votes in congress. that is essentially what they're doing in reverse. the second thing he's going to do is force people into labor unions and union membership. union membership dropped from about a quarter of the workforce to 12 percent, he's going to bring back 216 or 18% and give those people the discipline of being in a labor union to try to control their boats. now right now the way you're going to the election is check on a card is i want to luncheon in the majority of the people
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check yes, the workers in a factory that get to have an election which is by secret ballot. now what is the point of the election? the majority checked it off already, what you need the election for? the fact is three-quarters of the time the union loses the secret ballot election. because people are coerced into checking of the cards, they consider it their home by the shop and the person in charge of their employment, visit them and prescience them to sign the card and the internet iran in the city ballot and those against the union so obama has this solution. it and the check of cards will be enough to form a union. if the employer doesn't reach a deal with this union in six months the federal government department of labor will impose an agreement but arbitration no appeals, no capacity to go around. the third thing he is going to do is open the borders and
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incentivize illegal immigration. one of the key it goals of the health care procedure health care reforms is to accept health care to illegal immigrants. when you couple that with his almost automatic amnesty plan for illegal immigrants it means that in effect he is going to be covering illegal immigrants which means you sweeten the pot of gold on this side of the border and you incentivize and jumping that wall because on the other side is not just a job but health care for your family. and that expansion of the illegal immigrant population that is legalize and incentivize and then it is made citizens naturalized and then the votes are in the key part of the democratic plan for political domination. and the final card is he is going to muzzles talk radio. he is not going to muzzle talk radio the way he thought which was the fairness doctrine.
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he has done something far more diabolic in mind. and we predicted in an "fleeced" and out he is doing it. what he is doing is that he is going to require all talk radio stations, all news talk radio stations to have community advisory boards that will advise the station on how well it is addressing community concerns. now you think that is what the ratings are for. 40 percent of the committed date is listening to it, you assume it is addressing community concerns and if nobody is listening to assume it is not and goes out of business and get a new radio station. but what they're going to do is take w. abc, wor, get all the al sharpton types that can find and put them on a community board to revise abc as to whether the sean handed the show is meeting community needs. and then the licensing for abc and every other station used to be renewed every six years.
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now is going to be renewed every two years. and the board who have a statutory ability to make inputs to the fcc on the station should be renewed or not an across-the-board they're going to cancel those licenses and gives a frequency to station owners federal into left -- front left-wing programs. and if the other alternative by the way is they don't close the station down, the new law which is passed by the fcc the dozen congressional approval gives them the right to find those radio stations and millions of dollars. you know who the find is payable to? national public radio. they get the check. so this is a massive redistribution of the air power, away from the right and toward the left. so that is the plan for political domination in this country. now, one of the things that we talk about in this book, part of
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me for taking so much of your time but there's a lot in here. [applause] thank you. part of what we talk about in this book is the total surrender in the war and terror. do you realize that obama and his first week as president chose not to prosecute the guy who blew up the coal? literally not to prosecute him and you know why? because the judge said that we want a whole system here of how you're going to handle -- the judge said let's proceed with a trial and obama said, i do want to do it now because i need to come up with a plan for detainees in guantanamo. give me six month delay in the judge said you got to proceed right now. and then instead of proceeding obama dropped the case and of the cut is protected by double jeopardy. and officially cannot begin, the death penalty cannot be
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considered who killed 17 u.s. soldiers. why does he have any rights is a good question but he does. and when obama is doing now is releasing people from guantanamo and he is appointed to the justice department people who that are aggressive and smart and strong and widely in the task of rooting out the interrogators who protected us from terrorists with a lasting years. not going after the terrorists but going after the investigators that have kept a safe. now right now we are watching obama slither into their as he ran and as there really is a freedom movement going on in the world's most dangerous country. a freedom movement to expand the world, it's likely first atomic war. and he is doing nothing. actually i'm wrong -- excuse me. hillary clinton has really taken the lead on this. [laughter]
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hillary clinton announced three days ago that she is disinviting the iranian diplomats, the u.s. embassies for the july 4th celebration. no more hot dogs. [laughter] know if you feel cutting off the flow of hot dogs too iran is not the most potent thing we can do, let me suggest an alternative. instead of cutting off the flow of hot dogs, let's cut off the flow of gasoline. 40% of iran's gasoline has to be imported because they don't have refineries there peridot and three-quarters of their imported gasoline comes from a refinery in dubai that is owned and operated by reliance industries, an indian company, and as part of repoire with any. in the u.s. export import bank skyview, put up a $500 million guarantee of a loan to expand
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and renovate that refinery. so we are funding the refinery that provides iran with its gasoline. balco into very good congressman, a good democrat named sherman from california and a good republican named kirk from illinois have introduced an amendment to cut off that loan guarantee and it has passed the house appropriations subcommittee three days ago. obama news to endorse that and send a signal to the ayatollah that we are not going to put up for this stuff in the streets of iran and that if they do with security forces can walk home. [applause] finally i want to talk to about one of the most scary thing serious and that is called sharia law. sharia law is the law that covers the islamic community and
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part of it are very good, things like don't drink, and gambling and pornography and don't eat pork and stuff like that. part of it is stunning women for adultery, part of it is in the take lives for people caught stealing, all kinds of horrible things like that. literally men have all the rights and women have absolutely none. so there are every major financial institution in the world in the western world have set up a share rya compliance funded, dow jones was the first one, citicorp has it, aig has said, morgan stanley, painewebber -- all of them, merrill lynch, bankamerica, all of them have sharia law compliance funds. and this means that if you are a muslim woman to make an investment you can put your money in that fund and a confident that none of it will go to activities prohibited by
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sure real law which makes some sense. the problem is that these financial institutions have put in place to ensure free of all complaints boards which are staffed by the most reactionary right-wing islamofascist and the world. we site in our book five or six of them who had to be removed from the boards because they are on the fbi tear watch list. and these folks are going to make the decision on where the sharia law compliance funding goes. and currently there is a hundred billion dollars locally under management by sharia law compliance funds. and if they get together with the sovereign will funds of countries like qatar and kuwait and dubai, you can get that up to three and $4 trillion. and not only to these demands the side of the money is invested, they also allocate the two 1/2% of your portfolio that has to go to charities like the
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muslim tithing which is two and a half percent and they decide the charity. and they're all the hezbollah terrorist friends. in fact, the record of their designated charities that was subsequently busted under the bush administration is enormous and if you who run afoul of sharia law like if you are a trucking firm and when they put things in your truck you have to pay a 7.5% fine, they also decide where that money goes. that in this book in every chapter at the end have something called the action agenda that tells you how to fight back and in it is something specific. frank gaffney, the former undersecretary of defense, great guy, head of the center for security policy, the url is in the book, has launched a lawsuit and is backing a lawsuit against aig. it is really cool. he says that aig sharia law compliance fun is an act of a government which now owns 80% of
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aig. and as a result flyleaves the separation of church and state because its government funding and institution of religion. [applause] now, it ain't that cool? in that lawsuit needs money in in in support in use friends and, please, consult the part of the book for and give a place to send all of that. so listen, we are at a crucial crossroads here. end barack obama has lost 12 points of job approval in the last 12 weeks. [applause] gallup has them dropping 7258, rasmussen has some dropping from 65 to 53. i refer -- i prefer rasmussen but the point is his shopping and when he drops to 53 and 52, that is the share of the vote he got in the election so at that point he is actively shedding boats. in his people that voted for him
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and say now they don't approve of the job he is doing. and he is doing everything he can to drop his job approval. he is growing of the health care system, double in utility rates, going to raise taxes on the middle class, as results of this health insurance program, but he is quick to do that after the programs are passed. and he literally needs to make it through this summer, get health care passed on a debt cap and trade past come again illegal immigration past, and then in september and october led his ratings go to hell because he's got all of this through. and i believe that barack obama may be the last of the idealists in american politics, i think you'd rather pass his agenda and get reelected. you'd rather get reelected to for his first priority to make us into france and germany and sweden and that is his plan. and we can't let it happen. [applause]
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so the crucial time is right now. we know that all of us felt really disempowered in this last election because we all back live in states that are hopelessly do and there was not much chance of being able to turn around, but now that worse to your advantage. as everybody knows is a democrat, right? so you all will people who voted for obama. you'll also people like that. so go and talk to them, read the books and that is why we wrote it, learn that the facts, statistics, are give it, push it, and get people to switch on this health care position. and that is pulled every single day. as unfair polling question suggests, not the under one which is the one everyone covers but the one route really explains going on than politicians follow, this is really bad on the fence right now. clearly they cannot get 60 votes in the senate but will probably
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try to pass it with 51. but they may not get 51 and being able to leverage people like gillibrand and senator from new york gillibrand who is running for reelection, being able to get people like that to focus on the stuff is really very important. the last thing -- i forgot to talk about and does want to mention -- ins at the state of israel is an actress tired as the streets and the moment because of the obama policy. he is doing nothing about iranian nuclear weapons, but god forbid they build an extra room on to their house for their newborn baby and a settlement on the west bank and all hell breaks loose. and the united states is really positioning itself against israel. in fact, in this book we reveal that they have come up with a $1 billion aid package that goes to the united nations refugee
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relief agency in the gaza strip and the west bank which is a pass-through to loss. an absolute pass through and explain how it is and indicate what is going on here. is that so important for us who are concerned about the state of israel to get ahold of mr. chuck schumer who says that he is a fan of the state of israel and really tell him that this is the time to put up or shut up because he could turn obama around on this issue if he wanted to. and pressuring him and letting him know how you feel is terribly important. said this book is not a way to educate you come in is to give you, assignments and, please, work like hell. thank you. [applause]
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>> of a little conflicted because you waiting so long for a book signing so let me take three or four questions. >> we have a microphone, please wait for it to get before you ask your question. >> hi, my brother and, it is done today weldon, a conservative congressman from florida, you probably know him. and i asked him to ask a question -- will the republicans win the house and the senate in 2012? >> republicans are going to very well and win and affect the elections of 2010. [applause] whether they will actually be able to win control are not as something that we just don't know at this point, but they will clearly have a very large net gain of seats.
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38 switches in the house to get control and that is tough. but i can see tenor 15 that i think they would win right now and i think each passing month and looks better and better for them. the senate is a tougher story because the seeds that are up are largely republican seats, disproportionate number of republicans who are up this year. because this is the election of 2010 and they were last elected in 2004, that was a pretty good republican year. so the disproportionate number of the state's republican and a lot of the seats that are up for a solid democratic states. but that is not necessarily reason to give up hope. number one, the number to you to understand how congress works. the issue is not mathematics, the issue is here. if you not for or five democratic incumbents senators and lift three open seats even though they would have 53 votes they are not going to use it
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because they're scared to death. and in the house of representatives is the democrats took a 10 seat margin in the house bill would pass everything, but if is a 38 seat margin the collapse of 10 seats in there scared to death and again 28 as pushing up tombstones and the begin to consider flubbing their votes. and becomes a vicious cycle for them because the closer the votes dad to the close of the democratic control gets the more the leadership can't let them off the hook and still pass the bill which means they can to the hypocrisy the adjusted whenever all for a cap and trained but pretend they are against it by voting against it once pelosi has assured it will pass anyway. and they become unable to do that. so the spirits of your question is, yes, we will win in the next election and whether it will take control or not depends on how hard we work and how much we do. white shirt in the back standing
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>> first of all, i wanta say is a real honor to speak in front of you. i probably one of rhianna supporters but thank you so much. [applause] i go to a liberal university and just a few years big sometimes is like, you know? my question to you was, and listen now and again when it ron paul speaks about how his anti federal reserve and unknown of the he has legislation pending in the house about a counterpart of the bill in the senate. how do you feel about ordering the reserve and how you feel about some time getting rid of the reserve altogether? >> i don't thank you can get rid of the federal reserve, it is to burn to function and it was adopted in 1914 and 1913 because there were panics every 10 years and no way to manage them and they're in mind that we have not had the, we have had one world
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oppression since 1930 and that was in the early '80s and that was been made because of the inflation. this is the first one that was on man made so they, the whole been a pretty good job but bernanke has gone completely nuts. he has become a absolute power corrupts absolutely. forcing that marriage. they don't have a shotgun marriages anymore unless you are a bank. [laughter] merrill lynch, that was incredible what he did to the bank of america. and i think that there is a serious concern now about the fed overreaching but the thing am more concerned about than that are two things -- first of the inflation that we talked about with the fed has just gone crazy in terms of printing money. such so that might not even just the inflation, might not be 18 percent inflation, it might be a whole loss of faith in the
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currency. by peter version to the barter system. in my literally destroy the global economy because all the nations of the for overdoing it at once. it's not like the tequila crisis and you just away from the peso's. everybody is doing this at once and that could be very serious. the second thing that emily concern about, there's a chapter in a book that is a declaration of independence has been repealed. obama went to the g27 which is now a g-7 plus 13 other countries that are helping determine our global economy, really responsible countries like argentina. [laughter] in those countries have created a global system of financial regulation. your new bosses, financial stability board. it is headed by the central bank from italy and control by the european central bankers and they will formulate according to the g20 communique which we signed onto.
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global policy is about regulation of derivatives, financial instruments, investment practices, and executive pay in all industry. i did not say all financial, i said all. and what you're going to look at here is that the united states will set the table, come to a joint resolutions on these issues, and then tell the sec and the federal reserve board you have to implement those. it is a bargain we struck and you have to stand by at which means that these enormous powers will no longer go to people who are appointed by an elected president that confirms by elected scented -- senate the people who are even americans and it becomes a very dangerous thing. friends to integrate this into the european union. the biggest threat to democracy in the world today is not socialism even with obama, he's not going to mess with our fundamental right to vote, and it is not the terrorists, they
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will blows up but not take us over, it is the bureaucrats. it is the bureaucratization of the world in which a self selected elite that fantasy itself acting independent of the public will for the public good the serbs this power. and you see that in our opinion, you know and the european parliament they're not even allowed to introduce legislation. all that are allowed to do is vote yes or no on bills that are submitted to them by the bureaucracy and that international bureaucracy of overcoming the nation state democracy system is a key threat to our freedom and we went too far down the road in the g27 doing that. this gentleman standing here yes. >> president obama said he would not raise taxes for those who raise over 20,000 and then biden said something different, want
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everybody get a raise in taxes? >> he is saying that he will not what the bush tax cuts die that affect people in middle and lower incomes, in other words, his only good until the top bracket of the second bracket, 39.6 and the 39.50 bracket. he's going to drop those -- i'm sorry, 35 and 33 is going to raise to 40 and 35. but it is very clear number one that for his health insurance program he is going to raise taxes on the middle class, he's going to make health insurance money that short employer now spends on your behalf taxable on your return which means you're going through and add up all the money you've got on your w-2 and then going to have to add about eight or $10,000 that she never got that your employer paid on your behalf for health insurance and that's going to be taxable income to you are going to have to pay and one of the things that drove the company weakens
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-- insane is he is proposing to apply that to everybody except union members. if your health insurance is a the result of a collective bargaining agreement it will not be a taxable event in the supreme court is on to throw that out because it violates the protection laws but not before we have to go through two or three years of paying that tax. and in addition to that the threshold has somehow dropped from 250,000, basically to about 100. if you have a household income of more than 100, more than about 90 points to the top 20% and you are going to see a tax increase. and it doesn't include the utility increase. your comments bills will double over the next four years as a result of the cap and trade regulation -- or the long island little code. [laughter] it will be like shore them without shore them. okay listen, i would really love to take all your questions
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because i love doing that but i'm going to be signing books and you can ask me as you go whizzing by. if i don't do it i am going to delay this. thank you. [applause] >> dick morris was a campaign adviser to former president bill clinton and reverses a political analyst for fox news channel. also author of four other books including "behind the oval office" and "vote.com". eileen mcgann is an attorney and consultant who works with dick morris on campaign consulting and also cover its political column with him in the new york post. for more information visit dick morris.com/blog. >> surprise winner edward humes jason kersten recounts the criminal exploits of a counterfeiter by using over the
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counter materials was able to forge the most secure bill ever created. $100 bill known as the 1996 new nodes. mr. williams produced billions of counterfeit dollars over 14 years until being caught by the secret service. of the program was recorded during npr the dianne reeves show and wam you've studios in washington d.c.. it is about an hour. >> this guy's childhood was everything i ever read in my life. i found myself thinking no wonder he has such a terrible life. my god, his father and mother, everybody was not. of. >> when you meet him you are astounded that he is as well
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adjusted as he is. >> and he has come in or your sister of? >> be out in 2015, probably in mid 2015 if his behavior is good, 85 percent at that time. >> but you've got to talk down his tiled -- childhood. when i read about that i thought that poor kid. he did not know which way was up. >> not at all, he was really pushed back by faith. >> absolutely and yet his father started out soda reasonably. >> tried to do the right thing. their legitimate jobs that his father held by his father was a criminal himself. >> absolutely, it is a great cover. >> so happy when i saw that, you
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