hello i'm john martin in washington d.c. and here's what's coming up tonight the big picture texas governor and republican presidential candidate rick perry has threatened our nation's top money man chairman of the federal reserve ben bernanke he was tough for all those brazen cowboy go to push is irrational ideas across meanwhile no love for ron paul you know the troll term congressman republican candidate who won the i would me the guy who clinched the runner up spot of the recent i was straw poll can't get any attention for his accomplishments why is he an afterthought in the media.

you need to know this rick perry is wasting no time resorting to violent rhetoric in his campaign for president well speaking to a crowd i will carry weight on the federal reserve chairman ben bernanke he's monetary policy saying this. week free. training. course people can be put to death of convicted of treason economist nouriel roubini

tweeted about the comments saying. it is making murder threats overflow german it's like rick perry is really running for america's executioner in chief and he's already there as the governor has killed more. prisoners at least one who was apparently innocent than any other governor in history rick perry apparently loves killing people as much as he loves threatening it but he's not the only radical position in rick perry's political repertoire he also thinks social security is a ponzi scheme a claim he backs up in his book fed up and acclaim he doubled down on a recent interview with the daily beast saying i think every program needs to stand the sunshine of righteous scrutiny whether it's social security whether it's medicaid whether it's medicare you get one hundred fifteen trillion dollars of unfunded liability in those three they're bankrupt they're a ponzi scheme of course that didn't sit too well with a bunch of folks in iowa who were on hand to confront perry about his social security claims.

actions security through the constitution was reciting the use of. seven years ago he wants to be seated. so here we have a guy running for president who just hinted to dragging the chairman of the federal reserve down to texas to be executed and call social security a ponzi scheme is he too radical and dangerous for america he has a question i'm joined by anthony home a republican strategist a former special projects director for governor rick perry anthony welcome thank you for having me is ben bernanke he committed treason. i'm sure you and your viewers all agree that much like vice president biden calling what fifty percent of americans terrorists saying that while tea party members are terrorists that is that why do you say that. what exactly did he say it's the exact same hyperball where someone is being

a lesser tip to an extreme and of course governor perry wasn't suggesting that chairman bernanke he should be executed so when just printing money another q e three or another stimulus obama bernanke the stimulus is certainly not good for americans it's going to drive down the bad value of the dollar we have. unemployment but these are the same guys who came out and said this allows you the stimulus will have seven percent unemployment or less they have failed twice and now they want to do actually the side eight percent or less and there are a pretty decent nobel prize winning economist to say that had that stimulus not happened unemployed be much worse i mean for the several billion dollars that stimulus ended up in taxes and rick perry is claiming the jobs that were created with it were created i have. and we're sitting here debating the negative that it may have been worse it may have been i didn't evacuate i'm telling you the stimulus created jobs in texas rick perry is claiming credit for that and the stimulus also

gave us trillions of dollars in deficit who your children our grandchildren are going to try to pay off we're going. to stimulate it was an eight hundred billion dollars stimulus two hundred fifty of it was x. cuts it was about we've always just it's sort of get ceiling raising the debt ceiling of two point seven you know you come on tom ok you're not going to like you're talking about the back to the fed here for just a second the way the q.e. quantitative easing works and i'm assuming you're you you're familiar with this is that what the fed does is that they buy treasuries now they create money out of thin air to buy those treasuries but when they redeem those treasuries they they collapse that money out of thin air and all the profit from the treasuries goes back into the national treasury so it's basically revenue neutral and it's not inflationary why why the whole demagogue routine about this wasn't you really saying that if the if the fed does something that's going to keep the economy from crashing worse before the election that that is the political treason that he wants

the economy to really suck as we go into november two thousand and twelve so he can beat obama. but nobody wants the economy to really stuck and are in our otherwise these are american lives we're talking about and it was very illustrative of what you said on the economics one hundred one we appreciate that your viewers myself i was familiar with that what was significant however is it's over an extended time period so we don't need he's going to go in print money is going to as you said created out of thin air which does what it increases the supply of money money supply increased which of course decreases the buying power of the dollar we're all you know inflationary environment we're in a deflationary environment right now we've got a bill in the last shop in years but americans are paying a lot more for groceries today than we did six months ago there are so many bodies that are more expensive there are a lot others that are a lot less expensive that's why there hasn't been a social security call up for two years i assure you that the average american is pain more it's you survive today than they were

a year ago and it is indisputable that increasing the money supply drives down the value of the dollar today then you know you have a lot of social security should be getting more money than they're getting right now because they haven't had a cost of living adjustment because there's supposed to be no inflation perhaps and maybe we should means test social security there's a lot of things that i believe that we are here discussing national problems and texas economy which hasn't tax created forty percent of all new jobs the last few years so you want to turn it well and the price of oil is up during that period of time more than doubled and texas is creating more pollution than any other place any other state in country is that the prescription for creating jobs. well texas is what roughly the thirteenth largest economy in the world and it's absurd to say just because oil is but the jobs are created in texas and that's exclusively the reason the energy sector be owned oil the energy sector which by the way is the largest sector the largest economic engine in america largest industry i count for

about twenty five percent of texas economy so even discount the jobs and in the case where more than half of the donations to mr perry's campaign is enough for tonight a little bit earlier statement it really doesn't matter we're talking about jobs if you want to take away twenty five percent of texas a job and say. eradicate them because of the price of oil which is frankly an absurd tournaments you still have created more jobs than any other state by far and in fact almost is mean is that the top five combined do you think that the the ghost of cameron todd willingham is going to be haunting mr perry as it goes of the fellow who was after he had been executed it came pretty clear he was actually innocent perry fired the three guys on the commission that were looking into it. well you may be better versed in that than i am i don't know that it became pretty clear i think it's still questionable but i suspect that the texas forensic science commission concluded that there was no possibility that there had been arson when

his three three kids died which is what he was convicted of doing killing his kids ok i don't know if there was no possibility at all i don't agree with that but but moving beyond that actually there are a number of states in america that allow executions and i think that any execution haunts every executive and state is a human rights and i think they're all and the on that point i think will agree and thank you very much for being with us today. thank you for states town turning our attention away from one republican front runner for president to another republican who frankly should be a front runner but isn't getting any respect in the news media that's ron paul ron paul who spent far less than what bachmann spent in iowa she brought six thousand ballots and you know he came in a close second any straw poll over the weekend losing by here than two hundred votes and some people in the paul camp actually think he would have won had bachmann stolen some of those votes he also was

a clear winner of the republican debate in iowa last week garnering far more applause than anyone else to. do not believe in giving a title mince to illegal immigrants at all and there should be no mandates on the states to make them do it. was and it's been going on and on because we just plain don't mind our own business that. was you don't want to translate our rule of law into a rule of mob rule senator santorum was he said i'm required yes it's time it's true yes it was was but ron paul's impressive performances so far have been largely overlooked by the mainstream media saying the daily show jon stewart took a jab at the media for this blacklisting of ron paul. and by the way this pretending ron paul doesn't exist for some reason has been going on for weeks

a new gallup survey showing rick perry running second to mitt romney knocking down iowa favorite michele bachmann to force. fourth behind. the libertarian ron paul because on the thirteenth floor in a hotel. so why is the republican establishment and the corporate media ignoring the ron paul campaign is it possible to see him as a threat or offer his take on the issues mike riggs these those. editor of the libertarian reason magazine. thank you tom how are you i'm well would you vote for ron paul i am a principled nonvoter but i do so i'm not going to vote for anyone whether or not he's the guy i like the most is more of a gary johnson guy i mean anybody guy but i definitely deserves more attention ok well in that context is he dangerous to the establishment of the republican party. here is hitting some notes at a time when the republican party is basically running away from some record

spending under bush was under by no means under control paul objecting to it then he's objecting to it now the only problem is he was running against one objecting to it then i think americans are done with war they're ready for this to be over. again that's something you know republicans hope to engineer that know they did engineer thank you and paul was going to happen who gets now the people who is would now have said we should take a different approach they weren't saying this in two thousand and eight. ron paul is correct me if i'm wrong is the only principled anti-war candidate period right now in the entire presidential field i think gary johnson is as well but he's he's in a game that wasn't registering the debate i what he certainly was ron paul was certainly the only a principled so does that i mean there's billions of dollars to be made off these wars so yes so if in the media in the defense industry i mean you know you were here in d.c. drive just fifteen miles into virginia and you can see these thirty bedroom

mansions that are that the defense c.e.o.'s you know were behind the home for the maid for the butler and for the next guys or profitable business for a small group of people it's a it's a friggin empire yeah and and ron paul's column that out it seems you look at the you go to the for example they ruled on that you see that these big corporate media companies have interlocking boards with the big defense companies i mean you know to what extent are you do you think that there is some sort of. will conspiracy to keep ron paul out of the mainstream versus just what they're absolutely overlooking him or i die death or we don't go along with the republican party because they think he's going to he's going to harm the party so i don't think it's chance that the media overlooks and i think it has more to do with the fact that they take their cues they take their coverage ideas from g.o.p. kingmakers and republican strategists and those people definitely do not want not

only they don't want ron paul in the republican primary which i don't think he could do even if he wasn't being completely ignored they definitely don't want him splitting votes away in the general election in two thousand and twelve but mostly i think it's lazy mainstream media saying you know do you know if the if the consultant or the guests that i have on my show three times a week says the ron paul is not worth paying attention to that i'm not going to devote any coverage to them well if for example the minute that the iowa straw poll results were in my phone chimed and i looked at it i said louise and i were home i was writing and i said hey let's trilogy be in chicago news so we go to c.n.n. and they're doing some kind of documentary headline news is doing some other show i must have d.c. is doing something about prisoners at fox news bingo there's fox news there in iowa there live. by huckabee and a couple of other people we set there a washer for about forty minutes and never once was ron paul's name age and yet he had only come about two hundred votes short of being the winner the winner i mean

never once was his name mentioned and had he won i think that both have been called useless perhaps or inaccurate or not as important as it was made out to be part frocks in the weeks preceding but why fox i mean i thought fox was this bastion of ultra hard right and i mean ron paul wants to end social security wants to end medicare he wants to end you know subsidize public education across the country and basically all the programs that the that the so-called hard right are gung ho for i mean yes i refer to libertarians as big as republicans want to smoke. get laid right i want to criminalize pot and run sex which is fine with me but you know you would think that setting those things aside pocket is a become i think the law is the anti worth i think it's the anti-war thing i think it's the his belief that we should not be as involved internationally as we are period that we should not be sending military aid to israel that is a big stickler for people on the right especially in the upper echelons of the right i mean they are very pro israel you look at bill kristol who is magazine was

able announce that paul ryan mammie not be running for president i mean those people it still matters to them do you think we're really cares about i'm not sure rupert murdoch does which again is why i think it may not be as conspiratorial as it appears i think really was it is it is media people relying on you know the small slice of the g.o.p. that they have access there is there a chance i mean there's a lot of energy behind ron paul there's a lot of true believers people who just absolutely follow him is there a possibility that that could split off into a third party candidacy that we could see another ross perot well i asked paul's campaign when he announced that he would not be running for reelection to congress so essentially said he'll be retiring from congress with regardless of whether or not he's president he said id's right yes yes he's getting up there and i asked i said does this mean if you're not running for reelection to congress because he's always been able to do both i said if you're not does this mean you'll do a third party run if you don't win the nomination and the response is very simple it is we are running and campaigning to win the nomination so what happens

afterward i was no that is not a no that is not a no and he did drop out in two thousand and eight the libertarian party candidate bob barr got almost half a million votes ron paul got twenty thousand write in votes and his name only appeared on ballots in two states so if you can imagine his name appearing on ballots in fifty states and him possibly again this is all just speculation having the backing of the libertarian party if he doesn't win the republican primary he will peel votes off in like a banana peel yes fascinating fascinating. thanks a lot for being with us tonight thank you for she thought and so i. will see how the ron paul story unfolds but if his campaign is the railed by the corporate media then it wouldn't be the first time that's happened and unfortunately it won't be the last time either. and. it's time for our daily poll your chance to tell us what you think here's today's question is rick perry resorting to violent rhetoric accusing ben bernanke he of

treason and playing politics with printing money your choices are a yes people are put to death for treason or be no it's just fine rick perry threatens but friend bernie i got to tell marvin dot com let us know what you think the pope will be open until tomorrow morning. coming up many believe some of the nation's fattest wallets to pay their fair share of taxes is right well others think it's sartre was a after the break conservative commentator david sullivan explains why he agrees with the other so. what drives the world the fear mongering used by politicians who makes decisions to create through get through to be made who can you trust no one who is in view with the global machinery to see where we had a state controlled capitalism and school satchels when nobody dares to ask we do our t.

question more. is asking millionaires and billionaires in america to pay a few more taxes socialism. so-called news thing so you may remember yesterday billionaire warren buffett one of the richest men on the planet and an op ed for the new york times in which he said well the poor and middle class fight for us in afghanistan and while most americans struggle to make ends meet we mega rich

continue to get our extraordinary tax breaks my friends i have been coddled long enough but billionaire friendly congress it's time for our government to get serious about shared sacrifice before the ink was even dr fox news went nuts here was talking head eric bolling yesterday. warren buffett wrote an op ed in the new york times today so we should be i think you mentioned earlier we should we should be taxed more i guess the people who are getting a little cutting you've got the ones who create or you're not getting any of these are job creators tax them a little bit more because they're not doing enough already but what is this i mean is he completely a socialist playing. warren buffett one of the wealthiest capitalist to ever set up shop in america is now a socialist according to fox so-called news so how can that be here away in a warren buffet's socialist leanings is conservative commentator and advocate for billionaires david so if they would welcome. thank you for having me tom as always

it's a pleasure i am surprised you don't push back on my introducing you as advocate for billionaires you think of yourself as much. no i don't but what's the point you know whatever i say you'll roll over it like a steamroller throw a little do you have kill kill three why do you hate warren buffett. well i don't hate warren buffett but i have to tell you after reading his piece. he sounded a little like a book thought old old man he seems a little angry perhaps that you know the world is moving on without him i also thought it's astonishing that the president now is trying to garner some legitimacy by saying i agree with warren buffett we need to do this and that raise taxes this is ministration this president in particular is entirely too cozy with these mega investors and ultimately the actual product and the rhetoric

don't accord you're saying you're saying that he's he's an angry old man because the world is moving on without him and then you're saying he's in tight with the president i would say if you're in tight with the president the world is not moving away from what i was saying ok well that was saying let me just ask a very simple question yes what is a socialist about asking billionaires and he makes the point that he pays seven you pay seventeen percent total total taxes and his secretary pays thirty four percent i don't i don't have the article in front me but in that neighborhood right what is socialist about asking billionaires to pay the same tax rates as the rest of us. well because that's not really a fair equation if you look at regressive taxes the taxes that we all pay whether you make ten thousand dollars or ten million dollars you have to pay taxes on that first dollar spent the less you make the larger your tax burden appears to be it's

ironic that it's warren buffett who has taken advantage of some very skilled accountants and attorneys and now turns around and says you know we should pay more and i have every confidence if mr buffett were to give this administration every dime of his immense fortune they would just waste it we would have such little bit to show for your debt your behavior is really required manchu accountability you know you know you don't answer my question you and i both i mean you're a tax guy you know this that if you make your living sitting on your body around the pool waiting for the dividend check to arrive the maximum in time tax rate you're going to pay is fifteen percent that's the rate that most hedge fund managers make which is what warren buffett is fifteen percent that's why his total taxes were seventeen percent what and and anybody who makes over one hundred six thousand eight hundred dollars a year pays zero in social security taxes so again a lot of associated with that man about asaad hill is a tax will be significantly more when these people are that he's supposed to do to

beat the estate tax with you but that's a separate issue what is socialist about asking billionaires to pay the same tax rates as their secretaries. it's thirty minutes and they are going through a pay the same regressive rates and we have a progressive tax system and the fact of the matter is right now we are overtaxed whether you like it or not what we need is good financial accountability from our elected officials not more money so they can just waste it wasted on these wars that we're not fighting to win and waste it on these fancy full failed social programs that hasn't really helped anyone but get all of the money the dispensations it's administrative and i want to we employ we can expand to spread even some time if you want to and in fact i think we've added the past but it is a part of it if they here's the eighty eight out of the forty home video of mortgage money or where they going to do it out of the four hundred richest people

in america had no taxable income last year it was all in the form of dividends and interest it was all taxed at fifteen percent the average income taxes the average total taxes paid by those four hundred richest people in america was was in the low twenty's twenty one twenty two percent and yet you know how many that this guy who . wrote it already is paying for what is it i don't know why in the right is so how about saying that somebody who earns their living by moving money around should pay the same amount of income tax as somebody who earns their living with the sweat of their arms nailing being a carpenter or no or the brain because you had a security regular salary i got it right i've heard all the rhetoric the fact of the i hear a lot of you i pay the same to people right in the fanny and you've got a legion of viewers who just think they're going to get something for nothing unfortunately with this unprecedented waste it doesn't matter how much money the

government takes it's not making the situation better they really have to get accountability and we need to stop turning off this ticket of waste and this administration has an abysmal. record where's the transparency where's the accountability here he's still not answering my question what his social is and i asked him three times to say the same tax rate as the rest of us some there not already do they are not just certain millionaires in america are paying between fifteen and twenty two percent taxes on average and working people in america in the middle class and upper middle class are paying on average twenty five to thirty five percent plus you throw in state income taxes and social security it could be over forty percent and if there's not a billion or this there is no fallacy of your argument because what you're doing is you're waiting this equation with long term capital gains ok and that's not fair ok they pay the same amount of regressing to send and they say minutes. but listen if

an individual who like you said this hardworking carpenter were to purchase some stocks or make a reasonable investments and held it for more than a year well those dividends would be preferred as well so should he be taxed more to yes you see the bad guy man yes if you make your living as a real estate isolator or if you make your living as a tax accountant or as a carpenter you should all be paying the same income tax rate if you're making a living. you mean everyone equal you know to unite about this yes it should be for and i have good reason to believe that if you were to do this you're advocating the military or amylase socialism will do as healing audience and everyone else within two years that money would find its way back into the hands of the people that you were team we demonize night after night it's certainly didn't happen from one hundred thirty five to one nine hundred eighty when those you know in the top tax rate was higher and the average c.e.o. is making thirty times what the average worker instead of like on wall street five thousand but david we're out of time thanks so much for being with us today thanks

for having me it's a pleasure as much as david may well not want to admit it socialism is actually thriving here in america and it's likely here to stay americans have a love affair with socialism the average american love socialism in the form of medicare social security. police fire schools you know it's all stuff this is you know we all pay into it we all get out of it it's socialized but rich people have their own form of socialism and they love it too for example the top tap with capital gains tax rate is fifteen percent what i just mentioned they don't pay social security or payroll taxes on money after the first hundred six thousand dollars so on a million dollar income nine hundred ninety thousand of it more or less nine hundred thousand and change i don't know social security taxes on a billion dollar income you know nine hundred ninety eight million dollars no social security taxes so they're doing pretty good oil companies are getting

three billion dollars and role for corporate jet owners get accelerated depreciation even the airlines don't get the deal that corporate jet owners would get you know if you're a billionaire with a private jet bankers get trillions from the fed i mean literally billions in tax dollars that the banks are bail out corporate is that corporations are constantly you know this is this is even beyond socialism they xterm allies costs basically the cost of global warming the cost of pollution and. clear power plants eating our rivers i mean all of these things they don't pay a penny for that you and i do as taxpayers it's like socialism for the rich and they internalize the profits eighty eight of the four hundred richest people in america own by the by the way the florida richest people in america own more wealth than the bottom one hundred fifty american million americans eighty eight of them had no taxable income no wage tax average average tax on them was lower than twenty percent if we're going to continue to have big socialism for the.