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tv   [untitled]    January 27, 2012 10:30pm-11:00pm EST

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are you ready to rumble joining me for the friday night big picture on the big bins colonnade senior online editor of the daily caller richard follower democratic strategist and advocacy director for the young democrats of america and dan holler communications director of heritage action for america so let's get started guys number one tax cuts for the rich is on everybody's mind again president obama called for a thirty percent minimum tax on millionaires and studion grosser it is. reform should follow the buffett rule if you made more than a million dollars a year you should not pay less than thirty percent in taxes of course republicans have taken an opposite position on this here's wolf blitzer last night's debate. to speaker and under your tax plan we're talking about taxes right now this is substance under your proposed tax plan he would pay zero taxes explained that would depend on the weather and whether the particular kind of payments he made were
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counted under that plan as capital gains or whether counties were going to go but even right and then bill gates weighed in on the issue this week it was well the united states has a huge budget deficit so taxes are going to have to go up and i certainly agree they should go more on the rich than everyone else that's just justice i don't feel like. people like myself are paying as much as we should so and president obama said hey you know it's not and business class warfare it's math so what should we do about taxes what should we do about the buffett rule shouldn't shouldn't the billionaires pay the same income tax rate as their secretaries. want to understand what's. bill gates just said he said i don't want other people's taxes to go up as much as mine but gates is arguing is for increasing everybody's taxes so we need to understand this is a broader conversation you know people aren't just talking about increasing taxes on millionaires because that's not going to cover the get one if they were do that
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realize it doesn't cover the gap they're going to have to draw down is not only not about the gap this was a discussion about what's fundamentally fair and appropriate is it reasonable and fair and appropriate that the millionaires pay lower taxes than the bus drivers you don't understand it's not an argument about fairness if you listen to what gates has say he's saying there's a big gap between revenues coming in and out ways and to close that gap we need to raise taxes on everyone that's something that all politicians the country maybe except bernie sanders would run away from you know there's a fundamental positive totally in that frame this. i want to focus on president obama's call for thirty to thirty percent nobody else is going to chance to jump in here we just have a minute left well the on the issue of taxes newt gingrich kind of brought it up and inelegant way i'll try better but the idea is there is a separation between income tax rates obviously which are progressive and the wealthy do pay higher taxes when it comes to income tax rates and capital gains rates were
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a cab where they're paying less but the problem is when you're on capital gains on capital gains that's investment does the tax dollars that you've already paid into you paid in on your income now you did that paris hilton paid in on that money you that know she's she's a trust fund baby. so she's so. bought around the pool wall and gets the dividend checks but most american businessmen are not paris hilton they're generating wealth in the economy and now if the government going to pull it out i think i think ultimately ultimately if you're looking for fairness what i really should do is lower taxes i want to let you have a fifteen percent of the everybody. knows that you're lowering taxes for everybody is really did under george w. bush and obviously that didn't work i mean the truth of the matter is it's pretty simple one people are bringing making money from capital gains are making money on they're making money on their investments are going to. checks and they're not paying tax and that's unfair it's part of their income it's one of the money they used to live by the same amount of money same part of money as the secretary who doesn't have the ability to have a dividend income tax she is the paper of them her taxes when mitt romney only pays thirteen point i was on his that's just unfair it's unjust i'll just wrap this
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conversation with with ronald reagan areas. we're going to close the hundred of new tax loopholes that allow some of the truly wealthy to avoid pay their fair share. in the series of those who move the understanding but in practice they sometimes made it impossible for millionaires to pay nothing but a bus driver was maybe ten percent of it sound and that's crazy do they need a million euros paid more in taxes than the bus driver or less. and then there is this shout from the audience more and and reagan was the only president in the in the last fifty years who actually set the capital gains of capital and regular income at the exact same level and he let's talk about immigration as a point of contention last night's debate between gingrich gingrich and romney here's a clip from that from the debate is he still the most anti immigrant candidate i think of the four of us yes go ahead governor that's simply inexcusable that's inexcusable and actually senator marco rubio came to my defense and said that ad
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was inexcusable and inflammatory and inappropriate mr speaker i'm not anti immigrant my father was born in mexico my wife's father was born in wales they came to this country the idea that i'm anti immigrant this repulsive actually i don't think his father was born in mexico i think he went down there but in any case jeb bush said this is a little concern of his. any series here these face see the rim is a cage you know it's like you know they get to it's not good to be so have the republicans lost the hispanic vote or will they get it all back with two magic words on the v.p. side marco rubio. rich you know i think i think the republicans have lost this boat and here's why this is how they lost it continued with their anti immigrant rhetoric that has caused republicans called hispanics to be turned off in general if you are a citizen in the state of virginia you were born you were born in this country but
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you look at spanish they can check your driver's license to make sure your citizenship papers only is that unfair but it's on american and i think that's the biggest problem that republicans have going into this election he's referred to as an anti immigrant language but i think anybody who honestly stares at this debate and like analyze it all realizes that it's truly comes down to a question of legal and illegal immigration i mean clearly illegal immigration is where these republican candidates are coming down again and you have it in the democrats and disputing that and you have got well no they are but democrats characterize this is always a great anti immigrant which is not true it's a unfair characterization of it because i don't think because look i mean even mitt romney made the case that he has an immigrant background all that he won't all legal immigrants even if you came here no fault of your own as a child to go back to your home country even though you're american by culture you went to the same classrooms that we were the same cause it was our children who were going to go back to their country and wait in line to come back here how is it not anti immigrant you're sweepingly saying that something's immigrant and now i think well let's get dan in on this one and why is it that it's always the
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immigrants from the south who are a little darker of skin than the immigrants from from ireland who are overstaying their visas the people are hysterical i think if you talk to anybody who has gone through the immigration process legally you know what people like mitt romney are saying is that i want legal immigration i want people with skills to come here i want to welcome them here as long as they go through the process legally you know people who didn't go through that process legally you know they have to get back in line if somebody goes through the process legally that argument resonates with the reagans reagan's process of just giving three three million people it was that was the way to go i think we see from history that it didn't work because it didn't stem the tide of illegal immigration into the country i think ultimately what you have to do is look at a multifaceted approach i mean one is obviously closing the border and making sure that not closing but maintaining the border. keeping it secure not allowing illegals to come across and then obviously think about something like what newt gingrich actually is proposing which is a way to humanely deal with the people that are already in this country illegally whether by whatever fault they coincide whether whatever i want there's some shell that come in and figure out
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a way to to integrate people that are here illegally possibly benefit of their own something what you brought up but how is that what i what the well hold on a second i think we i don't think democrats are against this i don't think most of these are real exclusive but we've seen president obama do since taking office he's doubled the amount of border patrols on the on the border crossing so we decrease the number of border crossings that are happening since president obama's taken taken control of the white house and immigration services on top of that with the president asking congress to do is they would have you come here at no fault of your own if your child in this system or you served our country in the military put your life on the line for this country you deserve the right for a path to citizenship and republicans have been adamantly against that both people in the people running for president and john boehner and eric cantor they've been against the terms that the dream of the dream exactly the dream of now if they want to hang on politicizing the dream act they could pass through the house through the senate and get signed by president obama the part of the military right now but they won't do it because they want to attach it on to the student part yeah they will go to the do well but what is wrong with having students who are when they get
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there when after they graduate and they're educated citizens of this country or educated people and they're paying into our tax system why is it unfair for them to have a path to citizenship it doesn't guarantee citizenship you're it's just the path you will have got their favorite gratian to one piece what legislation will have an awful lot of leave it at that because i want to move along more bad news for you know for ohio republican governor john casey he's got his own secretary of state now has come out against his his his bill is a thing that would make it harder to vote course this is on hold anyway because so many people signed petitions to put on the ballot and this jon husted i guess is the secretary of state he said we really need to repeal this thing and start all over again. and combine that with the wisconsin recall. scott walker are we seen and now there's a recall effort michigan to recall rick snyder is there a full blown backlash in america now against extreme conservatives i think there are political parties in america and i think that there's going to be your
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dedicated opposition that's going to come out against somebody like a scott walker and you know we've talked about this before sci you has decided to jump in head first into wisconsin to fight scott walker because he took on yeah he took on and what you have is that you can definitely see the power of the unions in this effort to combat a person like scott walker and to be able to listen it was it wasn't the unions who were most of those people who are showing up in madison why do they want to be will no longer has been what about because they were dancing with the it's a union issue that's right and you were the most out walker because he wants to take teachers out the classroom you want to take the ones that nurses at the hospital he want to take away their rights to benefits i don't i mean i don't. mind when people call i don't understand what we're trying to recall scott walker's because scott walker's come in and said you know the union has one of the best educations is one of the best education in this country because he did do more than you do he said we need to stop collective bargain for teachers he doesn't want to get absolutely no say ideas he wants to bring to you what you want to do you can do for your mother want to decrease the amount of money that they may they need to be wise about their pay that was then and what it is they need to contribute more to
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their pensions not even as much as private sector workers as well as sort of their less to litigate the details of this i'm just curious if there's a backlash dan real quickly and i want to i think you're seeing a nationalization of all these issues and it's filled with rhetoric look at what they say you know we don't want to turn election day and election month let's have only two weeks of early voting instead of three plus let's not send out unsolicited absentee ballots to people who didn't ask for him and let's make sure all the counties abide by the same rules and somehow when you do that you're charged with trying to keep people from the voting booth i mean it's this overview and others that will. it will. be severely voting is not enough that you mean i mean you sickly what not only what's happening in ohio but all of these voter suppression laws are put in place to stop people from going to the polls i mean i don't understand in the country we're actually in country the. where people will parade around the constitution and talk about how important the right to vote is that we would limit people's ability to vote like why not give them a month to vote one or do i want to put voting on a saturday so everybody has the opportunity and their job and let them get off but republicans seem to be adamantly against letting people vote it blows my mind right
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now they're republicans tend to i mean there's some of the issues that are coming up for you we talk a lot about voter id on this program that doesn't seem outrageous to me the idea that we need to verify that my vote counts and that i can vote of my own accord in my own name and not have to worry about somebody else doing that and finally when i will not revise or are you one hundred eighty said we you know we are leverage frankly the verbiage of our leverage frankly goes up as the voting populace goes down. i mean just came right out and said well i don't know anything about that particular statement. but i will say that when it comes to something like getting an absentee ballot when you never solicited one i days that is beyond the point how many there had been i want somebody to tell me how many instances of voter fraud that we're talking about here for the reason that we have to make sure that we're sure sure that everybody's going to vote why would you want to go slower than people are struggle by lightning you know you've got to have a you have democrat representative or we had a response we'll be right back coming up for the republicans coming up the republicans keystone pipeline job estimates overblown more rumble after the break.
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wealthy british scientists. market why not. find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune into kinds a report. on
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the back of the rubble our panel's eye vince cullen a senior online editor for the daily caller richard follower democratic strategist and advocacy director for the young democrats of america and dan holler communications director of heritage action for america well the super committee blew it right and so the automatic pentagon cuts kick in half a trillion dollars over the next ten years and they're instead of going after defense contractors and the city is ringed with mansions with multi-million or defense contractors they're talking about going after the retired military saying that they're going to pay more into their into their health care and cutting wages the military this to me makes no sense and seems like we should be going after the people who are hustling the weapons rather than the soldiers this is what f.d.r. in one nine hundred forty or forty one this is what f.d.r. said about the world war two take it. here president emergency and
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a common sense of decency make it imperative that no new. million is come into being in this nation as a result of the struggle of doing. the american people will not really the idea of any american citizen growing rich in fact in an emergency of blood and slaughter and human suffering and yet now it's it's just standard operating procedure all these offices all around the pentagon so what. how do we cut half a trillion dollars out of the left loves to rail against the business of war but they seem perfectly content to go into the business of solar energy and a business a car batteries i think what we have to because they don't kill people they save people i think what we need to understand is that defense accounts for twenty percent of federal spending it's accounting for fifty percent of the deficit
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reduction so if everybody is so focused on a balanced approach to all this let's take a balanced approach on it not go over and do the fifty percent thing on my question is you know why are we going after the soldiers the kind of i mean look the president even understands the power of technology i mean the president obama has used drone technology that president bush put in place it takes a long time for these weapon acquisitions to finally come to fruition the drone program is now fully built out the president use it a lot against people and war a lot and i both know there are going to be i mean obviously there are defense projects but he claims that but he claims these foreign policy successes yes you're right there are defense products that are pork but i understand that defense technology really does matter and it dig these types of things i actually think take a long hard look to decide what are we going to do going forward because where we're flexible is troop count so we can move up and down in that but when it comes to technology speeding things like a lot of manning people do a fifth term you're you're completely right on this time i think what we hopefully will see from the pentagon leon panetta is they will say let's make some cuts and
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some of the systems that we're not using are pretty like i mean there's little so many things that you could turn switches off at the pentagon and i guarantee you nothing would happen that's which cost us a million dollars to put up and to begin with so i think you will hopefully see some about a balanced approach from leon panetta going into this on ways that we can sort of help to make sure that we're not cutting retirement for our retired soldiers and our soldiers are coming on the ground but one thing that i do want to point out is that you know this culture of war that the republicans are trying to perpetuate now they're out there saying this is horrible you can't cut the defense department all of these costs are systems that we're not using on top of that we're keeping our troop levels above the troop level that they were before nine eleven and on top of that we're not in war ladies and gentlemen we are not at war right now we have no act of war our job what and where the focus of the money is going is the special operator. like troops that would kill present that killed them and that's where it needs to go so we need to get smart rather than big ok last question quick fire one of the big stories of the week was a dust up in the phoenix desert president obama and arizona governor jan brewer had what reporters are describing as a heated exchange over how brewer characterized
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a meeting the two had back in two thousand and ten in her new book and i have a feeling there's more to the story that hasn't come out yet so what was jan brewer really telling president obama on the tarmac wednesday did she say. against you freddie and your little guy too or i've never seen you can you know up close can i touch you or not one more step till i see your papers please i think i think she may have actually been plugging the book because if you fall the reaction after that amazon it like went through the roof as soon as the president mentioned it so you know i think she may have been plugging the book i think it's the you know his president is boring his father was born in a foreign country be illegal you know and i think she was saying i don't have to run a present for president so my book and frankly i think that what he was saying was just hold still we need to get a good shot so i can sell more in my book. it's amazing we have a consensus guys thanks so much vince richard. dan thank you very much for being.
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so let's say there's a bank in fact let's say there's a bank that calls itself the bank of america that's a pretty high standard for a bank to hold itself to the bank of america the kind of behavior would you expect from the so-called bank of america. you expected to be right in the thick of the financial crisis that destroyed the american economy in two thousand and eight and then had to come begging to we the taxpayers and customers of the bank for a bailout to the tune of forty five billion bucks would you expect this bank of america to be in the business of preying on the merican home buyers conning them
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into buying risky subprime mortgages even though these same homebuyers could have afforded say fixed rate mortgages would us expect this bank of america to thank us the american taxpayers for the forty five billion dollars bailout by trying to impose a five dollars credit card fee for using a.t.m. . how about this would you expect this bank of america to take our most important right as americans a right to free speech and tell us customers of the bank as long as we want to do business with them we have to give up our first member rights i wouldn't expect that and i don't think that you would either if that's exactly what the bank of america has done over the last few years and is doing right now.
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businessweek is reporting that the bank of america is trying to impede an investigation by the state of arizona. official investigation into that banks mortgage lending practices and they're doing it and that what the bank is trying to do is stop this whole investigation by cutting a deal with the homeowners that have been screwed over in the past and the deal works like this. the bank of america will modify the mortgage for any homeowner on the verge of default given lower monthly payments so that they can afford you know two percent forty year cut payments drastically what do they want to exchange for that. i mean you know sounds like a sweet deal. make your home affordable and shane business week's this is a quote from business week the borrower this is the this is the document that the bank is having you sign if you want to keep your house right the borrower will remove
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and delete any on line statements regarding this dispute including without limitation postings on facebook twitter and similar websites and not make any statements the defame disparage or in any way criticize the bank's reputation practices or conduct according to documents filed in state court in phoenix the borrower's name and address were redacted. you get that after there after they screw their customers into an exploding mortgage the bank of america is offering to help out will help yod not to worry care will extend the term of your along all the way out to forty years will take the interest rate down to two percent it's going to be easy in your payments are going to be cut dramatically you can afford to stay in your house but. only as long as you promise to keep your mouths shut and not talk smack about the bank of america. but the bank of america is
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trying to do basically is to white wash the area maybe we the taxpayers should have made a similar deal back in two thousand and eight gam bank of america will give you a forty five billion dollar bailout it should be the second largest corporation in america behind walmart outside of the oil companies of course but in exchange for that you'll have to refinance all our homes let us opt out of all those crummy mortgages shoved down our throats or you hustled us into or you didn't even tell people they were eligible for or that that they were eligible for good ones possible. also you have to stop buying and selling dangerous derivatives that ken lay and phil gramm helped invent back when phil graham's wife wendy was on the board of enron and caused this crisis in the first place the commodity futures modernization act that led to all these derivatives and weird sadik financial
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instruments that crashed the system no more fine print no more huge overdraft fees the bitch to have a deal. unfortunately it doesn't work that way in the united states of america because corporations which aren't just people but are super people have far too much power they have the power to silence us and avoid punishment for their crimes you know all the time you hear republicans in the tea party and libertarians say do you really want the government telling us what we can say you as the government tell us what we can do or what we can buy but never is the other half of that question asked which is do you really want transnational corporations like bank of america to be so big that they can tell us what we can say and. i know i'd much rather have government telling me what i can do because at least then i have a say i have a vote and i can throw the bums out of office if i don't like what they're doing or try talking to a c.e.o. of a major corporation tried telling the bank of america's c.e.o.
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that you want him to refinance your mortgage try going to corporate headquarters and protesting against unfair mortgage practices because what'll happen and get arrested corporations have no accountability to the people whereas the government actually does no congressman can punish you for talking smack about him you can even trash him in a t.v. ad the point is this is just the latest example of the challengeable power of corporations in america and how they use it to screw we the people over to the point that we're not even allowed to speak the truth but there's a glimmer of hope here. corporations like the bank of america know that their grip on power is slipping they be stupid not to know with all the action on the streets over the last four months occupy movement and they know that social media is an important tool for organizing the people against corporate power just look at what happened during the arab spring that's why the bank of america is making this
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ridiculous effort to censor twitter and facebook it's a sign of fear of weakness and it's a sign that what we the people have been doing been doing for the last few months is working. so let's keep it up go to move to amend or get involved as the big picture for tonight for more information on the stories we covered visit our website to tom hartman dot com free speech dot org and. also check out our two youtube channels are open to tom harkin dr tara show is also bales of free video podcast on i tunes and we have a free tom hartman i phone an i pad app at the app store you said his feedback at twitter at tom underscore arbonne on facebook at tom underscore our our blogs message boards the telephone comment line at tom r. . and don't forget democracy begins when you show up and you say i'm going to participate i'm going to get out there i'm going to occupy something to show up show up at a political party show up at a rally join a movement movement politics get out there get active tag your it see
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next week. of nature and discover its beauty. communicate with you want to. test yourself and become free. see what nature can give you.
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a no go nation russia rejects a new u.n. resolution on syria saying it's unacceptable and do nothing towards ending the bloodshed. thousands of angry protesters in warsaw cry out against international. policy claiming it targets the basic rights and internet users. plus the e.u. takes yet another pounding this time with credit rating which downgrading. the nation and its leaders trying to soothe concerns that world economic forum.
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you're watching r.t. with all the news that matters twenty four hours a day welcome to the program well russia has opposed a new arab european draft resolution on syria saying it can't be used as a basis for resolving the crisis the country's ambassador to the moscow will carry ons for ways to end violence there. has been following the latest meeting at the u.n. security council in new york has been a lot of discussion taking place primarily because our european draft resolution it was circulated to the u.n. security council members in which it calls for the syrian president bashar al assad to transfer.

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