rich: what are you looking at?is market has been driven by an improvement in sentiment. you will go down as having the biggest p/e multiple n.a. not recessionary year for half a century. that is huge. investors have to be wary because much of the move in the market over the past couple of years is not because corporate earnings have gone up, although they have made slow progress. is because people are willing to pay more for a dollar's worth of earnings. it is important to find good businesses that are selling at attractive prices. armature for this year is that very, very powerful and could last a lot longer. the thing that worked in 2014 pro we will in 2014. rich: increasing to come up with population growth. >> of think it's coming. >> we have been exporting jobs for a couple of decades for a lot of reasons. not the least of which is we of the pro-growth tax policies in place. it will not fuel job growth. rich: it looks like corporate tax i will not give much in congress. >> i'm seeing something on both sides of

higher taxes on the rich stabilize an economy rich people don't spend the extra cash that they have like regular people do they by and large gamble with lower taxes on the rich and thus encourages wealthy people to throw their extra money into wall street this fuels bubbles kind of bubbles that crash the economy and cause prolonged recessions like the one we're in now that tax cuts have any trickle down effect at all it's this a screw working people by turning the economy into one big casino the republican policies don't just destabilize the economy republican policies actually make it harder for people to get by on their tax breaks on rich people inevitably send the economy into a tailspin that's because republicans also want to slash away at the social safety net that protects average working people medicare medicaid social security food stamps unemployment insurance you name it never mind the fact the big government programs have as one recent study found help reduce the percentage of americans in poverty from twenty six percent nine hundred sixty seven to sixteen percent in two thous

people generally get rich by virtue of mass producing that which was formerly available to rich people. they're not producing enough inequality and that's giving a great deal less life-style enhancements for those not rich. >> but the bottom line is that when you have a slow economy like we had in the 70 the rich very often get richer but the poor get poorer. that didn't happen during the reagan era, did it? >> no, it didn't. look, it's not just the obama administration's fault. it's the bush administration's fault. the cheap dollar policy creates financial bubbles. who can take advantage of financial bubble? the rich. the poor always have to sell out at the bottom. number one. number two, the regulatory creep that occurred under bush and has accelerated under obama has made it very difficult to expnd in areas where you typically find high wage blue collar jobs, in transportation, energy extraction and so on. i hope rick will be pleased to hear that i'm not blaming this entirely on president obama. >> well, on theother hand, mike, president obama's solution to all this and they're sayi

but over time rich people decided they weren't rich enough so they decided to get richer. >> is it that important after all? >> the fill posse is simple we are better off when everybody is left to fend for themselves. >> oceanism has contributed mightily to the quality of life no, it hasn't.. socialism sucks the life out of people. i go around the world to see what works better socialism or capitalism? >> here in hong kong not handing in one form was all i had to do. defending the market. that's our show tonight. >> the free market is under attack. it is always under attack. markets lead to big wealth disparity. markets feed off of self interests. the first glance is all about rich people getting richer at the expense of the pour. president obama gets big applause by mocking those of us who say the free market will fix all sorts of problems. >> the market will take care of everything they tell us. if we cut more regulations and cut more taxes. here's the problem. it doesn't work. it has never worked. >> that applause he got is the reason politicians keep passing laws to regulate the mar

where kids are becoming very rich very quickly. >> reporter: i see "the rich kids of beverly hills" asty tv. launched off the back of the equally nauseating rich kids of instagram. a tumbler page of photos hosted by kids barely old enough to shave. >> these kids have no humility about their money. they are willing to brag. show you everything they have got. based on what i have seen from the promos i feel like "the rich kids of beverly hills" -- they're a little more in your face, a little more obnoxious of what we typically see of the kardashians. >> reporter: yes, there's an element of empathy mixed with the aspiration of the show, like "keeping up with the c kardashians." keeping up with the kardashians. watching the privileged deal with life problems we struggle with. kardashian arguing with her mom. >> mom? >> what? >> you spent $4,000 on a dress. >> reporter: or a real housewife arguing with a real man. >> you are disappointing our family! >> i am? >> yes. >> shame on you. >> reporter: it's a common bond and we like that. >> while they may be rich they're very relatable to the av

dicaprio getting wealthy playing a rich capitalist. now he's bashing rich capitalists.e say a bad rich. >> it's about grereed. it's about essentially now back to "forbes on fox" and the headlines, foxnews.com. >>> i was making so much money, i didn't know what to do with i >> uh-oh, leo. leonardoicaprio playing a hedonistic rich capitalist in the new mov "wolf of wall street." something he said about the rich capalis caught our gang's attenon. take a look. i feel like it's an accurate refltion of everything that is wrong with the world we live in today. the attitude of this character jordan belford is rectly attributed to the destrution of our economy, to, you know, you can attribute this attitude, the darker side of human nature to everything that has gone wrong in society. >> steve, you say that smacks of hollywood hypocrisy. how so? >> a cathouse madame preaching virtue. in hollywood the big news is a person wh isn't having hedonistic lifestyle. for them to denounce sin, that's rich. >> rick, y were out in hollywood. you were in sin city for a ile. what do you think

people are becoming very rich quickly. >> reporter: i see rich kids of beverly hills as a new virulentnauseating ri instagram. posted by kids barely old enough to shave. >> the kids have no humility about their money. they're willing to brag. show you everything they have got. based on what i have seen from the proposalos. i feel like the rich kids of beverly hills. more in your face, obnoxious than what we see of the kardashians. >> yes, an element of empathy mixed with aspiration in a show, keeping up with the kardashians. watching the privileged deal with life problems we struggle with. kardashian arguing with her mom. >> mom? >> what? >> you spent $4,000 on a dress. >> or real housewife arguing with a real man. >> you are disappointing our family? >> i am. >> shame on you. >> a common bond. we like that. they're very relatable. >> might the rich kids of beverly hills, move beyond the humanity. so far, we have seen a promo clip and by yoeps released by e. dorothy describing herself as fun emplumeria oyed. which means up employed. >> i think the timing might be hard. for viewers comi

the rich pay little or no tax. if you're very wealthy, if you're bill gates or billionaire you can borrow against your assets and interest rate is 2%. so why would you pay 15% tax. warren buffet a few years ago revealed that his tax rate was within what i guess what it was. he had a company that was sold and cashed out, he had no choice but to take the money. wealthy people can live free of the income tax and many do. >> people at the lower part of the income scale pay a bunch of taxes. >> especially state taxes. >> when you earn that little money, you need more of it. >> that's the fundamental concept that the >> joining me now is lisa fletcher from the stream. you're going hyper local for this show. >> we're looking at rural alaska and look at school closings there, but it's a broader implication for america. >> what do alaskan kids do when their schools close. >> it's not a good situation but they're trying to get creative. they're trying to hold on to the textural fabric of our country that many feel is slippin

dicaprio getting wealthy playing a rich capitalist. now he'sashing rich capitalists.e say a bad rich. >> it's about greed. it's about essentially o) you are a business pro. you can separate runwayridi. seeker of the sublime. from fason that flies ofthe shelves. and you...rent from tional. because only national lets y choose a car in the aisle... and go. yocan even take a full-size or above,nd still pay the mid-size price. (natalie) ooooh, i like your style. (vo)o do we, busess pro. so do we. go national. go like a pro. the energy in one gallon of gas is also enough to keep your smartpne running for how long? 30 days? 300 days? 3,000 days? the answer is... 3,000 days. because of gasoline's high energy density, your car doesn't have to carry as much fuel compad to other energy sources. take the energy qu. energy lives here. see who does good work and compare costs. it doesn't usually work at way wh health care. but with unitedhealthcare, i t information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make bett

rich, i wonder if the doctors will be ooze of the universe of what is covered. a lot of doctors will opt for cash-only, right? >> yeah. so, everything that the administration purports to be against, which is this rising divide between rich and poor is going to be made worse because obamacare. but look, can i say something about the idea of junk plans. you know, i suppose we own a chrysler myny van -- miny van. if you were selling rolls-royce you consider a minivan a junk car. we like it, we can afford it and perfectly happy with it. >> it's individual choice. and individual choice of the doctors. i wonder if the doctors will be free to choose to work outside of these plans. they may be coerced whether they like it or not to work inside the plan. >> right. individuals want to be able to work directly with the doctors. when individuals are the customers we'll see a tremendous improvement in our healthcare system. what they are hearing at the town hall meetings this weekend is that nearly 60% of the country continues to oppose obamacare. more than 10% more than opp

. >> and another time rich people decided that they weren't rich enough. >> inequality, is that so important all? >> we are better off. >> is that capitalism? >> socialism has contributed to the quality of life in this country. >> socialism sucks the life out of people. socialism or capitalism? here in hong kong, handing in one form is all i have to do. in defending the market. that is our show tonight. ♪ ♪ ♪ >> now it is time for john stossel. john: the free market is under attack. markets lead to wealth disparity. at first glance, rich people getting richer at the expense of others. president obama getting big applause by mocking those of us that they the free market will fix all sorts of problems. >> the market will fix everything, they tell us. if we cut or regulations and taxes. but here's the problem. it doesn't work. it has never worked. >> that applause he ot the reason that they regulated the to fix it and make it more fair. laws like obamacare and dodd-frank and we need more laws. >> i would not say more. i am a firm believer in the free market and also capitalism. >> but you do wa

people use to get everyone to think that tax cuts for rich people help the economy and here is that why. while it would be true that if you cut income taxes on the poor and low and working people so they had more money in their pockets it would stimulate the economy it's impossible why is that impossible because as mitt romney and rush limbaugh point out as often as possible the bottom forty percent of american workers make so little money that they don't pay any income taxes so there's nothing to cut when republicans talk about tax cuts and i'm talking about tax cuts for working people i'm talking about cutting taxes on rich people so what about cutting taxes on rich people when they give them more money to spend or even invest which would stimulate economic growth. that's the core of course of the tax religion of limbaugh who as we reported four hundred million dollars contracted romney who was reported to have paid no taxes for years and hundreds of millions in income. rich people's taxes they say in good times are going to or all the thing that makes this a law is that rich peop

dicaprio getting wealthy playing a rich capitalist. now he's bashing rich capitalists.e say a bad rich. >> it's about greed. it's about essentially wanting more. o...hoo-hoo. hoo-hoo hoo. sir... i'll get it together i promise... heeheehee. jimmy: ronny, how happy are folks who save hundreds of dollars switching to geico? ronny:i'd say happier than the pillsbury doughboy on his way to a baking convention. get happy. get geico. fifteen minutes could save you fifteen percent or more. is a really big deal.u with aches, fever and chills- there's no such thing as a little flu. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so call your doctor right away. tamiflu treats the flu in people 2 weeks and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing, have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual beh

. >> and another time rich people decided that they weren't rich enough. >> inequality, is that so importanter all? >> we are better off. >> is that capitalism? >> socialism has contributed to the quality of life in this country. >> socialism sucks the life out of people. socialism or capitalism? here in hong kong, handing in one form is all i have to do. in defending the market. that is our show tonight. ♪ ♪ ♪ >> now it is time for john stossel. john: the free market is under attack. markets lead to wealth disparity. at first glance, rich people getting richer at the expense of others. president obama getting big applause by mocking those of us that they the free market will fix all sorts of problems. >> the market will fix everything, they tell us. if we cut or regulations and taxes. but here's the problem. it doesn't work. it has never worked. >> that applause he got the reason that they regulated the market and try to fix it and make it more fair. laws like obamacare and dodd-frank and we need more laws. >> i would not say more. i am a firm believer in the free market and also capitalism

do i have to not be rich him?the way to heal a gap between any two groups that don't understand each other is contact. so, for example, when bill gates goes a third world country and meets people who have the problems of poverty, what he's doing is having the kind of time with them and understanding with them that lets him know how best to help them. >> stephen: you're not talking about me flying commercial, are you? (laughter) because even first class is like -- it looks like they shot "12 monkeys" in there. i have to fly private. i have to fly private still. >> stephen: well, it might mean flying commercial. >> stephen: have you ever been on a king air 350-i? >> no. >> stephen: then you don't know what you're talking about. (laughter) you have a new book called "focus, the hidden driver of excellence." i'm excellent. am i focusd? >> the more you can pay attention. like, for a kid, the more you can do your home work and do the games, video games, the more you can pay attention to what the teacher is saying and no

first astonishing rise of the very rich. second, the stagnant wages and poor prospects of the american middle class. and third, the large number of people at the very bottom of the ladder. these are distinct phenomenon. they may be related. rise of the rich might be causing the stagnation of the middle class but the research on that is mixed. one thing is sure. the super rich have grown worldwide but america is at the head of the pack. and it appears to be caused by many factors. some are structural. trends that reward superstars and globalization and technology and large and liquid financial markets. others are political. lower tax rates for the rich and the political influence of the financial sector. now, america has all of these things. superstars, technological innovation, huge capital markets, tax cuts and deregulation. it's not surprising that it has had the biggest rise in its super rich. would taxing the rich create a more dynamic middle class? it's also worth noting that america's tax system relying on income taxes

for rich people a lot more. rich people defined by having a disposal income twice that of the local average. he did pay double the disposable income according to people's daily the total fine for the birds from tom's family to reach two point four million u s route three hundred ninety thousand dollars you pay to another chinese director defended its pure junk email we just decided to give birth to more children personal perspective. still really got me real shock don't emo and other elite other field to do that and to have more children could improve the country. i will be a common ended up being pretty controversial. a commentary in blogging daily but give directly to the first of all he did a lot of clever use of more chill than the others defend the time clock and to find that don't obey the law the commentary that everyone equal before the law even that john might have deterred me to watch the chinese film industry. he did not have the privilege of being above below and note with a definition for lee. in ma

why it is as bad for the rich as the poor. and news that your auto insurer doesn't want you to hear. >> today's stock market surge is icing on the cake for people who own stocks and already enjoyed a fantastic year. as i told you before fewer than half of all americans own stocks. that's the reason for the widening grab betwee gap betweeh and the poor and it's hurting the u.s. economy. while everybody from the pope to the president is talking about income equality into the everyone understands the extent of it. we have reports of just how wide this gulf has grown. >> reporter: not since the great depression has the gulf between america's rich and poor been so pronounced. between 1979 and 2007 the top 1% of hughes house olds saw their after tax income grow 275%. incomes for the rest top 20 grew 65%. while incomes at the middle and bottom grew . between 1979 and 2012 averages for hourly wage declined 69% while those in the top percentile enjoyed 39% wage growth. in a speech president obama called on congress to implement reforms

they'll bash the rich even though they are rich. it's simply because they're out of touch with what's really destroying this country. a lack of opportunity for people because of this lousy economy and administration in washington d.c. >> we should be embracing capitalism and the profit mode. i want to throw to one more side. i want you to react. a hollywood rich guy having a problem with profit. listen. >> i think the system based on the massive redistribution of weather, massive responsibility for energy companies and companies exploiting the environment. the concept of profit should be hugely reduced. i say profit is a filthy word. where there's profit, there's deficit. >> weigh in on profit is a filthy word. >> that's a data point on liberal's attack on success and data point the liberals try to demonize successful people and launch an attack called class warfare. that's all this is. some call it rich guilt. some call it success. everybody in united states would be like to be exactly the same, poor. >> i'm not sure poor is the ri

charles: their president is wages a war. >> people want what rich people have that is fine.issing point, you are wrong. >> i don't know how i am missing the point, the infrom duck of abouintroduction isabout war on. charles: we're out of time. do you want to make a last statement? >> is the 99% do you think they are greedy? do they want things they don't have. >> everythingmentment -- everytg wants things they don't have, that does not mean they are waging a war on the rich they are not, most people, whether in 1% or 99%, almost 100% are out doing their best. >> obama is wages waging a war. >> greed is good. charles: greed is good, we agree. >> the right way. charles: love you. when taxes keep coming people leave, the rich are revolting, a billionaire here to say, he does not blame them. charles: it is simple. when you keep hiking taxes, people take a hike or their money does, that is what is happening to new york. where people are moving to other states with lower taxes, billon aibillionaire wilbur ross is not surprised. it seems like a no-brainer. >> not just assets that a

i'm separate from the marsh. 246 rich street. cash you -- out. i was the attorney through the entire period of the controversy from 1995-2001. increasingly as we went through process, planning commission figured out they had to impose conditions that bound the occupants to not complain. what mary read you were absolutely correct. the board of appeals requiring sales to be done that notice that people couldn't complain. why? because artist live in commercial developments. they went into zones and i represented them. they went into produce market, cites next to the at another -- to the food bank and after all those considerations and many many more, the planning department realized and the planning commission realized after the first couple of cases they had to put these conditions on to keep the occupants from driving people out that the city wanted in this city. the zoning allowed for them. they were really protective of food banks and artist and industrial operations and those conditions were put in by the city. >> next speaker. please lineup by

rise of new rich in today's "money talker." "who made money today."ne guy made some cash just by taking a nap but it is not as pleasant as it sounds. "piles of money" coming right up reluctant to try new things. really? what's wrong withtrying new? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is. 3 mlion homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. but with less energy, moodiness, and a low sex drive,first.. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron. the only underarm low t treatment that can restore t levels to rmal in a

this animal's appetite affects everyone from the rich to the poor. aside from federal income taxes, there are payroll taxes, state taxes property taxes and loads more taxes. as this chart created by business insiders josh barrow shows, as earn them together, americans who earn the least shell out 13% of their income on all of these various taxes compared to 25 first for the middle income group and the rich who pay about 43%. so, we all share the burden, but all that money gets paid to a dizzying array of places. changing the federal tax code is only part of the challenge. the enormity of the tax issue in america has grown over time. here is one reason: the governmental units that can tax you has ballooned from 81,780 back in 1982 to 90,056 last year. what is a governmental unit, you ask? the census bureau said it includes everything from counties, to school districts to mosquitos abatement districts, to water and sewer districts. all of them have the ability to tax you. here are the states that have the most units of government. leading the list is i

rich has to learn how to take some chances. like cash in the bank like you do, and i don't like debt, but i also like growth. you know what concerns me about michael is that he doesn't know his numbers the way he should. all right, let's go to work. i'd like to go maybe make some ice cream, do that. >> let's do it. >> so educate me on something. once the ingredients are established... >> yes. >> they can be modified into frozen yogurt? they can be modified into soft serve? >> correct. >> it's all the base. >> it's important for mr. green tea to expand their flavors and products, because once people fall in love with the brand, we want to make sure that we have a flavor for everybody. there's two ways you can grow this business. you can grow it vertically, up and down, by developing new flavors, or you can grow it horizontally, by creating new brands and new ideas. i want to make sure that we hit all parts of the market from a 5-year-old to a 50-year-old. what i don't like about the business today is, i don't like that the whole

voted for tax breaks to the rich. no offset. for medicare part "d" program which was not paid for. many of them voted to deregulate wall street, drive us into the recession, and lack of revenues coming in. so i find it absolutely hypocritical for these people to say, let's balance the budget on the backs of the elderly, the children, the sick, and the poor when their votes caused the deficit in the first place. >> you know, it's funny. in an ironic way, not humorous way. because he's always talking about president obama raising the debt ceiling. but you're pointing out his own voting record while he's making these threats and predictions about they're going to have a retreat afterward and figure out what to do. >> al, let's not forget that when clinton left office in 2001, this country had a $236 billion surplus and the economists projected that surplus to grow. after bush and ryan and all of these guys voting for wars they didn't pay for, et cetera, that's what happened to drive us into the deficit. >> senator bernie sanders, t

chalet as president like i am maybe for her promises free higher education and raises taxes on the rich i mean on the heels of the first right wing president since pinochet bashing let's for election is a significant one chileans have once and for all it appears said goodbye. to the legacy of pinochet and the policies of the chicago boys to put it bluntly they rejected reaganomics and we should say. earlier today i spoke with economist and author richard wolffe about the election of michelle bachelet i started out by asking him how and why we should know about the chilean experience with the chicago school of economics. basically chile offered itself through its relationship with the united states to be a bit of a test case to see whether the extreme conservative fundamentalist kind of economics preached by milton friedman would be a success in helping an underdeveloped country like achieve extraordinary economic growth things didn't work out really well there there's been a growing chaos of difficulty there no doubt for many reasons but the notion of a strict conservative monetarist ec

almost all the money being made is going to the very rich. the income of the top 1% of the population grew by close to 51%. money is being made, but only for about 1.5 million people. yet for everyone else, 99% of the pop laying, their salaries have barely moved in four years. less than 1%. the richest are taking home the most since the 1920's. why, you ask? some suggestion the tax cuts for the wealthy, and there have been an explosion of rich bankers and millionaire techies. computers and robots have taken a lot of middle class jobs. the minimum wage is $7.25. president obama has suggested bumping it up to $10. oh productivity is pup are employees paid for as hard as they work. to adjust it minimum wage should be more like $22 an hour. 77 and the dream of working towards a better life may be just that, a dream. >> the president has paid special attention to the light t of children. >> the idea that a child may never be age to escape that poverty because she lacks decent education, healthcare, o that should offend all of us and it should hell

why should there be a accept pretty system for rich people? all, that young man that cause the the death of another youngster, knowingly and intentionally, first of all, may have had a -- >> actually, let me stop, you sir -- [ overlapping speakers ] >> you're misstating the facts. this young man punched somebody, and that person fell and hit their head and died. you're saying that person intended to kill somebody. you have no evidence -- >> no, not at all -- of course not, ender son, the act of the punch itself was intentional. the bottom line, there are a number of distinctions, none of which anybody on this panel tonight can be aware of. there may have been a plea bargain, there may have been a history of misconduct. >> there was a history of misconduct with ethan couch. >> this man had a minor in possession back in february -- [ overlapping speakers ] >> he was found with a girl half undressed and was belligerent with police. >> under texas law that's not a criminal offense. the fact that everybody believes he's going to this $450,000 lockd

>>> and can you be too rich to go to jail? this drunk teen got off after killing four people in a crash. he claims he was too rich to understand consequences. amazing. >>> plus, i'll give you my take on the black santa controversy that everyone is talking about. >>> it's friday the 13th. karl rove has another very scary on-air meltdown moment. it involves obama care and this. >> my critics get an attitude. i tell them to stop. i tell them to stop. and if you need that new health care, sign up because it's hot. sign up because it's hot. i'm commander in chief and i'm too terms strong plus i've got this health care -- >> big show ahead. stay with us. two young boys life could be hectic. angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for unreliable companies. angie's list definitely saves

the media doesn't believe in getting rich by luck. they hate people who are rich because they thi they are thieves and bandits. because they ar rich themselves there is no more left than a hollywood millionaire. >> they are all silver spoon in their mouth kids. >> by the way, ben works his tootsie off now. >> you can have the last minute. >> i will pointout you can say whatever you want about my politics. i work for a national magazine called "fortune" that writes all the time about successful business people. i'm not saying we celebrate it's not celebrating. we tell the stories. >> i have been telling the stories for years. >> the notion that the media hates success -- look who they go after, look who they idolize? >> i want to say it one more time. tushy off. >> he does. go to the website. >> they will do anything for a buck and i'm proud. remember this? >> what do you got? >> just got a shipment -- >> got anything bigger? >> mega bulbs. >> clear ones. >> it's no joke now. turn out the lights on your lightbulb, literally. ♪ turn out

george clooney says raise taxes on rich people. >> it's weird. they drive the prius to emmys but they have private airplane. they have got, i don't begrudge people that i wish i had a private airplane. john: lots of celebrities, advocate raising taxes on the rich to help the poor, yet over the years i noticed, well-connected celebrities are quick to use obscure tax dodges and here are two examples. bon jovi, who owns acres of land in new jersey but pays only $100 in state property tax. because he raises honeybees, so he qualifies for a honeybee subsidy. ♪ bruce springsteen owns hundreds of acres of land but pays little taxds on it because an organic farmer works his land. his poor neighbors pay more. >> i'm not against anyone trying to lower their tax burden but if you're bon jovi and bruce springsteen and you have not only publicly supported president obama and campaigned fori him and held rallies for hm but decried tax cuts for the rich and have, oh, they're robbing these poverty programs and social contract with america is, destroyed, middle c