grover norquist had, but having troops there as ambassadors of the united states, representatives of all of us and free people everywhere has actually been positive. just looking at the contrast between south korea and north korea is a great example of what america can do that is good for the world using all of its instruments of american foreign policy. [applause] >> now, the $200 billion deficit that reagan ran up in the 1980's was a product of tax cuts but a strong increase in military spending that seems to have contributed to the end of the cold war. was that a worthwhile investment? is the world better off, including mass, because there is no soviet union and eastern europe is free? >> caution, someone is lobbing softballs. >> my witness. >> obviously that is a

grover norquist said. in fact, we are about to in about two years have the smallest military since 1939. a country with a population three times the size. the amount of spending has gone down by well over 50% from when ronald reagan increase that, and the increased from about 4% to 6% of gross domestic product >> let me take a risk as an attorney and ask you a more problematic scenario. looking back in retrospect on iraq what if bush had not invaded, not gone into nation-building but done something like this, that there are some very bad guys in the world that have done this to us and we don't know exactly who they are but we do know they have come out of the middle east and motivated by islamic radicalism, so we will go grab are really bad guy, saddam hussein to man beat his head repeatedly into the ground after which we will then leave. if we had done that, not making this decade-long investment in iraq but essentially sent the message that there is a new sheriff in town and we will put up with this kind

grover norquist. [applause] >> right here in the beautiful -- >> stand here for a moment before you sit down. would you place your right and the taxpayer protection pledge? do you swear to tell the truth, the whole truth, and nothing but the truth and to never pay more than your fair share of taxes so help you god? >> i do. [applause] >> tell us about your involvement in washington politics and its relationship to foreign policy. >> sure. i run a taxpayer group concerned about the growth of the state of taxes and spending. and i know that as we go through history we have been involved in intervention stores, taxes go up as a result. they did not always come back down. the cost of intervention, not self-defense, but intervention is one that is paid not just by the people who are taxed at the time, and the taxes go up. the income tax put in to pay for the first world war was there long after the first round war was over. and the spending level with each of these go up. they're is a very real danger that

this is what grover norquist said.rack obama should keep his promise to reform the corporate tax code. he told cnbc. it's the president's fault that he's done nothing, nothing, nothing, nothing in five years to reduce corporate tax rates which he said he was going to do but he hasn't. norquist said the president and democrats are holding tax reform hostage. you have norquist doing what harry reid is doing on immigration. oh, no, no, we want the entire comprehensive thing which of course harry reid knows won't happen on immigration before an election. so we'll see if the republicans are smart enough to step up and stop $20 billion from going overseas from unpatriotic companies. >> as we said, we're talking about inversions. now we know where grover norquist is. now the question is are the republicans willing to go the right way. >> if they're smart they will. if they want to pass $20 billion bill on americans and small business owners, good luck on the campaign trail. >>> will officials approve the drug's usage for the

grover norquist. today, he will talk about uber.o not miss this. ♪ shingles affected me tremendously as a pilot. the pain in my scalp area and down the back of my neck was intense. it would have been virtually impossible in that confined space to move to change radio frequencies. i mean it hurt. i couldn't even get up and drive let alone teach somebody and be responsible in an airplane. as a pilot that meant i was grounded. [ male announcer ] since we began, mercedes-benz has pioneered many breakthroughs. ♪ breakthroughs in design... breakthroughs in safety... in engineering... and technology. and now our latest creation breaks one more barrier. presenting the cla. starting at $29,900. ♪ , local. nicole: i am nicole petallides with your fox business brief. it has gone back and forth. the s&p is slightly lower. the nasdaq within the aero. here are some of the winners. home depot right now is down. a winner this week. here are some retail movers for you. and tell and -- ann taylor. it is down 3%. grover norquist. first he loves uber.

talk to me about the weird twilight zone we're in with grover norquist and rand paul have an easier time talking about breaking the bond between the defense department and local police forces than democrats do. do you think grover norquist's assessment, setting aside the remarks, that there is any validity to them? >> i think if you look below president obama democratic leaders that there are democrats like grayson and hank johnson are who are out there just as loud as rands paul saying there is time to use legislation to demilitaryize police forces across the country. there's a larger consensus that's it's bad politics to take weaponry away from local police, from law enforcement at a national level and from the military because it's sort of like the willie horton impulse, nobody wants to take that vote and have something bad happen and have political opponents runs against them. >> isn't that representative of national security and sort of anti-terror crusading becoming increasing the third race in american politics? you can talk about entitlement programs and what you might do or not

even folks on the right, rick perry, grover norquist and other interesting folks out front on this, georgechultz for years and years, william f. buckley in his day, william freeman talking about moving in a different direction. most people would acknowledge the idea that the federal government has in their controlled substances act marijuana sitting side by side with heroin and lsd and above in terms of its potency and problems, above methamphetamine and cocaine, that's absurd and it's time we become more mature on this topic, have courage of our convictions, try to bring people that are concerned, parents, on to a conversation or on board a conversation where we can work through the black market concerns, work through the legitimate cultivation concerns, the issue of edibles, which are real concerns i have, particularly as a parent, and how we do this in a thoughtful and judicious way. >> quickly, when will the task force finish its report? >> we've been together for about a year and have a series of subcommittees and hope by the end of this year we're going to have a report that will beg

they invited grover norquist, me and others left right and it was a marvelous day and the price are they reported it because they knew it was going nowhere. they read john kasich's saying his face chairperson. he believes in research and corporate welfare. at the time he then criticized the to let terry pratchett. weather was newt gingrich or what have you, it was not going to move to the legislators age. governor kasich of ohio received three letters from me when he was elected and afterwards they now you can do some and about corporate welfare at the tape level and i received no answer. at that is because there is no infrastructure for convergence to push these matters further. when i was debating the friedman, i got him to agree to or should be regulation of pollution. he shouldn't be think there should be licensing for doc yours. he thought the american medical is ossetians worst cartel, but he agreed there should be regulation against polluting, a bunch of which you can't see, send long-range damage, all the rest of it is not exactly market choice. .. may raise the alarm in the mind

i will talk with grover norquist about this idea of tax inversion, with the companies realizing that the united states of america may not be the best place to run a business, and why not operate your business out of a place that has the same kind of legal integrity but a much friendlier tax regime? i will also talk with these active vice president -- i don't auren -- is itl have a uren or -- they of clothing that will tell you your heart rate, maybe your blood pressure -- they have a new line of clothing that will tell you your heart rate, maybe your blood pressure, and it could be used a number of other ways. >> we will see you at the top of the hour. coming up, the emmy awards. we will find out why tv award shows are popular again and get a preview of tonight's likely winners and losers. >> welcome back. this is "bottom line" on bloomberg television, streaming on your tablet, phone, and bloomberg.com. the 66th annual primetime emmy awards show will air tonight on nbc to accommodate the networks nfl coverage last night. this is the first time in years that the star-studded event wil

the koch brothers and grover norquist, they're on the attack. this is a major part of their agenda, to wipe out any voice that has any ability to fund something different than what they believe in. i'm hoping working americans, whether we have a union or not, understand what we do when we're under attack is stand up, fight back and work for a voice in our workplace, in our communities. >> all right. mr. cobe good to have you with us tonight. president of the communication workers of tamerica. now, the executive director of wisconsin jobs now. good to have you with us. we've seen the attack on labor in the state of wisconsin and there have been court rulings favorable to support the public employees losing their voice in the workplace and their power. is the gop attack on the nlrb political? >> absolutely. nobody knows that more than the state of wisconsin where governor walker has become literally the poster child for the movement to dismantle unions and to take away the rights of working people in this country. i think the real story here is th

working with the program to help prisoners, i guess i don't know but he reached across the aisle to grover norquist and newt gingrich to get them involved and it worked. because when he comes wandering around newt gingrich you brainwashed him because he is still involved in and really working on that. [laughter] so with that plea is welcome ben. [applause] >> we are here to engage how the -- "how the poor can save capitalism" velez recognize there is no poor community in this country you can drive your appellation up or walk through detroit or baltimore. folks who are out of work now depend on someone who is worked hard before and the jobs have disappeared. and seven cisco is rice and a lot of my time every single problem in and apparently if you are rich it is bothersome to have to go to the ups store to said that package now they show up at your place and rapid and mail it to a and it goes on and on. they're all kinds of problems that need to be sold. is unclear who will solve them. that is what we do. will look for the entrepreneurs that try to solve the problem for the have-nots. the people who

even grover norquist supports marijuana legalization. guest: as far as policy, i think we need to talk about reforming the laws. i don't think politicians should look at everything as a way to tax our generation more to pay for more government. this is an issue where we can move toward freedom. i think that is the key point. not how much money they can make. you look at prohibition laws and craft breweries. we are still looking at whererohibition laws people said if you will make alcohol illegal, we will. sign up for all these things. a are still suffering from lack of opportunity in the craft beer industry because of those post-prohibition laws. i hope people will not make the same mistakes with legalization. host: john, hello. almost you started off immediately talking about how all these taxes are supporting this older generation with medicare, obamacare, and all this, how this is destroying all of your chances. there was a study that came out ant week that children cost average of $250,000 to raise a child until the age of 18. i rais

who want to represent us and and and then we'll let the voters decide based on that and those grover norquist it's. well you know it's a good tactic what kind of response you get when we just started like i said but i actually thought there were a couple coming in and what we really need is folks to you know come together i mean this is about a movement it's not going to just happen disparate leaders need to come together and organize absolutely average people as the house progressive caucus to the positions. no not yet but i mean i think the fact that there is these amendments in congress that are going to address citizens united or speak to citizens united rather really do show that we are gaining momentum and that people who are ready are elected feel as though they need to offer some response and their response isn't adequate but that's our job to take it to the next level thank you so much thanks so much for being with us and for the great work you thank you. first there was google maps then there was google. books and then there was google glass and now apparently there's google cops la

rehab prisoners, probably parolees, i guess i don't know, but he reached way across the aisle to grover norquist and newt gingrich and got them involved. and you know what? it worked because newt comes wandering around here, he's still -- whatever you did to him, you brainwashed him, because he's, newt's still involved. he's really working on that -- [laughter] on that prisoner work. so with that, please welcome ben jealous. [applause] >> well, good afternoon. engaged by how the poor can save capitalism. and let us first recognize that there's no poor community in this country whose people weren't brought here to serve capitalism. you can drive through appalachia, walk through harlem or detroit or baltimore. folks who are out of work now descend from somebody who has worked hard before. and the jobs dis appear, as the governor talked about, the strong-backed jobs are gone. if you go to san francisco where i spend a lot of my time now, every single problem that a rich person in san francisco be has, some start-up is solving it. i mean, literally. apparently, if you're rich, it's really bothersome

>> yes, your honor, i call my first witness grover norquist. >> how about right here in the beautiful-- >> if you'd stand here for a moment first. would you place your right hand on the taxpayer protection truth pledge. do you swear to tell the truth,d the whole truths, nothing but the truth and to never pay more than your fair share of taxes, so help you god? [a >> i do. >> mr. norquist, tell us about your involvement in washington politics and its relationship t foreign policy.t >>h sure. of i republican a taxpayer group and i'm concerned about the and growth of the state, both in taxes and spending.e and i note that as we go through history when we've been involveu inlt interventionist wars that o taxes go up as a result., they don't always come back dowe again. the cost of intervention, not t self-defense, but intervention, is one that is paid not just by the people who are taxed at the time but taxes go up, the income tax put in to pay for the first world war was there long after e the first world war was over. and the spending levels with each of these go up. so there's a very r

norick was, grover norquist join me in a press conference on legislation i had to fix the. mr. chairman, i appreciate you're dealing with this issue. i appreciate your courtesy and allowing me to be with you and i hope you can help shine a light and we can have this important conversation. >> thank you for joining us. just one thing i'll point out. when i showed the schedule today, and i heard the president say that congress was, had to resolve this matter, the staff in their briefings to me said that actually that we had the authority to change that without congress. that's something i want to get into with mr. botticelli and with intend to go on this, but some good points. let me yield now to the gentleman -- also not part of the panel that came to the and, thank you, mr. cohen, from tennessee. >> thank you. for someone to thank you for allowing me to participate. i enjoyed serving you on the transportation committee, and secondly i'd like to incorpora incorporate, reference all of the things i've been said that are politically correct on this issue as if i said them. and bas

conservative activist grover norquist tweeted, if you threaten to shut down the government over x, the press will focus on the shutdown and no one will hear about x. we did this before. they have done this before. the results were disastrous as "washington post" greg sergeant reminded us this week, those with an unfavorable opinion of the republican party rose to an all-time high during that month of the shutdown last year. again, if republicans pick up enough seats to win the senate this fall, maybe they would conclude that the shutdown hadn't been that disastrous for them after all. what's mcconnell's motive in bringing this up right now? is it to rally the conservative base in kentucky where he's facing a perilous re-election campaign? is it to motivate conservatives everywhere so republican ks take back the senator shore up his support within the senate gop, to make sure if he does win his own race in kentucky in november, he won't turn around and face a challenge from his right for his leadership post. when politico asked senator cruz if he would back mcconnell, he paused for eigh

even grover norquist supports marijuana legalization.uest: as far as policy, i think we need to talk about reforming the laws. i don't think politicians should look at everything as a way to tax our generation more to pay for more government. this is an issue where we can move toward freedom. i think that is the key point. not how much money they can make. you look at prohibition laws and craft breweries. we are still looking at whererohibition laws people said if you will make alcohol illegal, we will. sign up for all these things. a are still suffering from lack of opportunity in the craft beer industry because of those post-prohibition laws. i hope people will not make the same mistakes with legalization. host: john, hello. almost you started off immediately talking about how all these taxes are supporting this older generation with medicare, obamacare, and all this, how this is destroying all of your chances. there was a study that came out ant week that children cost average of $250,000 to raise a child until the age of 18. i raised