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this is the bulls and bears, gary b. smith, tracy burns, john layfield. welcome, everybody. gary b., democrats say this is good news. what say you? >> well, the spin on this, brenda, is just fantastic. i want to hit on two things we just saw in the clip. the one senator or congressman, i can't remember which, okay. some people have more time to spend more time with tear kids. that's all well and good, but when the government is involv, brenda, you can't create something from nothing. in order for those people to spend more time with their kids, those premiums have to be subsidized. who are they subsidized by? by people still working and paying out there, normally in the form of higher taxes. so if i'm one of those people, what happens to me? i have to pay more taxes. thaen then what happens? i have to work harder. some people benefit, a lot of other people are penalized. normally, the people are penalized more than the benefit. the one senator made the labor force participation comment. basically, he said it's going to drop. is that the direction we want to go? let me give yo
this is the bulls and bears, gary b. smith, tracy burns, john layfield. welcome, everybody. gary b., democrats say this is good news. what say you? >> well, the spin on this, brenda, is just fantastic. i want to hit on two things we just saw in the clip. the one senator or congressman, i can't remember which, okay. some people have more time to spend more time with tear kids. that's all well and good, but when the government is involv, brenda, you can't create something from nothing. in...
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gary b. smith, tracy burns, jonas maxfair, jn layfield along with david mercer. welcome, everybody, gary bb., wrong or right time? >> completely wrong time. here's the problem, government telling business what to do is like me telling peyton manning how to be a great quarterback on sunday. i apples to oranges. look, i don't think anyyun one in government has the foley for how businesses work, the bottom line is, how to improve this efficiency. we always raise the example of silandra as a government failure example. there is a dozen other companies if not more. aboundol ar, we last $179. range fuels, $162 million. the chevy volt, for example, has not budged an inch on year-to-year sales on 2012-2013. so for government, brenda, to tell business what to do, it's insane. >> david, does government have a role with wages? >> they certainly do and they have a history of doing so. the minimum wage has been cast --ages have been passed several times. the last time was not until 2009 under george bush and it's about high time those wages were increased. and if you want to d
gary b. smith, tracy burns, jonas maxfair, jn layfield along with david mercer. welcome, everybody, gary bb., wrong or right time? >> completely wrong time. here's the problem, government telling business what to do is like me telling peyton manning how to be a great quarterback on sunday. i apples to oranges. look, i don't think anyyun one in government has the foley for how businesses work, the bottom line is, how to improve this efficiency. we always raise the example of silandra as a...
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gary b. smith, tracy burns, jonas maxfair, jn layfield along with david mercer.
gary b. smith, tracy burns, jonas maxfair, jn layfield along with david mercer.
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Feb 28, 2014
02/14
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keith fitz-gerald, gary b. smith, says if tech companies like yahoo! n't protect privacy of their users we got big ol' problems. gary b., what do you think of this? >> there is difference, neil, between investing company and using company. i think you said it right up front i would throw away my webcam. but on other hand, people are very stubborn in what they use, applications they use and things like that. what will happen people stop using webcam, but if they're big yahoo! users they still use yahoo! i would be scared away some portions of the application but not so much the stock. neil: what worries, keith to gary's point, we get used to, you don't have a webcam or built into monitor you don't think about it. i'm wondering if we get upset about this and forget about this? >> actually i think it is other way around, neil. i think we forget about it and upset we forgot about it an proof is right in our face of the time to really discuss all this 40 years ago when they first developed this technology. the genie is so far out bottle from usage standpoint
keith fitz-gerald, gary b. smith, says if tech companies like yahoo! n't protect privacy of their users we got big ol' problems. gary b., what do you think of this? >> there is difference, neil, between investing company and using company. i think you said it right up front i would throw away my webcam. but on other hand, people are very stubborn in what they use, applications they use and things like that. what will happen people stop using webcam, but if they're big yahoo! users they...
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Feb 1, 2014
02/14
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gary b. smith, tracy burns, jonas maxfair, john layfield along with david
gary b. smith, tracy burns, jonas maxfair, john layfield along with david
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Feb 22, 2014
02/14
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gary b., that's why you are saying scrap it altogether? >> i know, brenda, and before people on the left say, my gosh, that heartless gary smith, how can youcrap the minimum wage? i went around and searched to see if any other developed country scrapped the minimum wage. in fact, switzerland has no minimum wage. now, look, it's interesting. switzerland's unemployment rate is 3%. so you say, well, surely then, they have a high poverty rate. no, their poverty rate is less than half ours at 7%. ours is about 16%. in fact, california, which has a higher than the 7-whatever $1 per hour min muj u mum wage than $8 has a 3% unemployment rate. switzerland has the highest wealth per capita in the world. my gosh, if switzerland can do it, doesn't it make sense we should try it? >> chuck, what do you think about that? >> that's where i keep all my money over in switzerland, i'm sure that's the reason why everybody is like that. but the facts are the facts. the problem with this ceo, it might be a half a million, it might be a million. how do you say my chicken's butt. the facts are it would lift 900,000 out of profit. i realize that isn't how corporat
gary b., that's why you are saying scrap it altogether? >> i know, brenda, and before people on the left say, my gosh, that heartless gary smith, how can youcrap the minimum wage? i went around and searched to see if any other developed country scrapped the minimum wage. in fact, switzerland has no minimum wage. now, look, it's interesting. switzerland's unemployment rate is 3%. so you say, well, surely then, they have a high poverty rate. no, their poverty rate is less than half ours at...