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. >> we go to ben stein and charles payne and dagen mcdowell along with adam lashinsky and charlie gasperino. >> right. and i mean, and you know, it's funny to hear the media covering this thing and the great things it protects, it leaves out the great costs it also presents. >> and it leaves out the media, leaves out why it's constitutional. and listen, just on an individual basis, just for people, forget about the companies, small businesses, the medicare attacks, investment sur tax and that list goes on and on. this is a gigantic tax increase on virtually everyone in america. >> 10% tanning tax. and-- >> kind of disingenuous. >> billions a year. >> you actually pay taxes to go in the the tanning booth. >> 10% excise tax on tanning services. >> neil: dagen, you don't need it. >> no, no, you're beautiful, it's just, i don't think you-nkd want you to-- >> not going to fire me or-- >> no, it's a needless tax you needn't pay. >> guess what? i guarantee you taxes will continue to go up in this country. >> neil: because we're all getting burnt. >> this puppy is going to be a lot more expensive t
. >> we go to ben stein and charles payne and dagen mcdowell along with adam lashinsky and charlie gasperino. >> right. and i mean, and you know, it's funny to hear the media covering this thing and the great things it protects, it leaves out the great costs it also presents. >> and it leaves out the media, leaves out why it's constitutional. and listen, just on an individual basis, just for people, forget about the companies, small businesses, the medicare attacks, investment...
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Jun 16, 2012
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joining us is ben stein, charles payne, dagen mcdowell and stephen fitch. and charlie, you raise a very good point. in the scheme of things, this looks like a pimple on a you know what. >> and we should point out they lost 2 billion on the trade, even with that loss they're going to be making something like 3 billion dollars this quarter, next quarter and it may have a 12 to 15 billion dollar earnings year, so, this is, i mean, there's a lot of reasons, politically why they're doing these hearings and i think that jamie dimon is a big opponent of aspects of dodd frank and they want to show that this guy maybe shouldn't be an effective spokesman, but i tell you that report we got and first reported on fox business, really shows how little this is compared to this huge elephant. everybody knows it's there, by the way, what this report did different, it spelled it out in explicit details how big it is and it's unfunded accounted, and municipalities if you go by the public statements would add up to about a trillion, 900 billion according to the report, the rea
joining us is ben stein, charles payne, dagen mcdowell and stephen fitch. and charlie, you raise a very good point. in the scheme of things, this looks like a pimple on a you know what. >> and we should point out they lost 2 billion on the trade, even with that loss they're going to be making something like 3 billion dollars this quarter, next quarter and it may have a 12 to 15 billion dollar earnings year, so, this is, i mean, there's a lot of reasons, politically why they're doing these...
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the end result now, i know in the house they want to repeal this, those going joe where fast, ben stein because of the makeup of the senate and wait and see if the republicans take everything and then repeal it, easier said than done. a lot of taxes coming our way, what is the effect. >> the effect is extremely negative. we don't want to discourage spending and we don't want to discourage investing. we're moving down the road to euro socialism at a rapid click. i think dagen as usual made a brilliant point when they enacted medicare, they thought it was going to cost pennies, and not bankrupt the company. the cost this have is going to be explode and more and more taxes and we have to take care of people, but we don't have to break all the eggs in the kingdom and try to put them back in their shelves in order to make a health care plan. this is a very round about way of doing it, yes, mr. obama has the power to do it, yes, the supreme court can say anything is constitutional that it wishes, and it's just going to be a ton of money, being sucked out of the system and being passed through
the end result now, i know in the house they want to repeal this, those going joe where fast, ben stein because of the makeup of the senate and wait and see if the republicans take everything and then repeal it, easier said than done. a lot of taxes coming our way, what is the effect. >> the effect is extremely negative. we don't want to discourage spending and we don't want to discourage investing. we're moving down the road to euro socialism at a rapid click. i think dagen as usual made...
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Jun 29, 2012
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ben stein economist and author "what would ben stein do" joins us now. a lot of great questions from our viewers. the big one that kayla is this. what do you think about the impact of this new healthcare law on the economy. >> i think it will have a negative effect in the short run because it will harm employers, it will place a new burden upon employers and that will make them even more reluctant to hire. the real problem in this economy is unemployment. this is going to tell employers every time you hire a new guy or gal you've got a new burden in terms of paying for their healthcare, and it there therefore discourage employment. i think it's a negative for the recover row. jenna: what about long term? >> long term looks so bleak at this point i hardly know what to say. we have so many problems in the long term i don't think this will be a big effect in the long term, but it is a moral imperative that in this country people have healthcare even if they are not well to do. so that was morally imperative. the way they did it was an extremely cumbersome w
ben stein economist and author "what would ben stein do" joins us now. a lot of great questions from our viewers. the big one that kayla is this. what do you think about the impact of this new healthcare law on the economy. >> i think it will have a negative effect in the short run because it will harm employers, it will place a new burden upon employers and that will make them even more reluctant to hire. the real problem in this economy is unemployment. this is going to tell...
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to ben stein and charles payne along with michelle and charlie. >> the union money cannot compete with the enthusiasm going on in wisconsin from the grass roots groups. if you look, governor walker 70% of his political dough nations are under $15. this is just like $10 from regular folks. $20, $15 and there is just a lot of enthusiasm there which is great because unions is are basically exhausting their resources and energizing the conservative movement out in wisconsin. >> you know, polls are one thing. the actual vote is tuesday. but if it goes that way that they lose, a lot of union members who were sort of chasing their dues going to do this might start nationally rethinking things. >> absolutely. you. >> know what the democrats are probably going to be really -- they made a big mistake and they thought this would be their moment and they would win this and the union movement would somehow be reenergized. michelle is right about the money thing. look at the mid term. and wisconsin we are are seeing union membership fall completely apart and it is the same unions that put millions a
to ben stein and charles payne along with michelle and charlie. >> the union money cannot compete with the enthusiasm going on in wisconsin from the grass roots groups. if you look, governor walker 70% of his political dough nations are under $15. this is just like $10 from regular folks. $20, $15 and there is just a lot of enthusiasm there which is great because unions is are basically exhausting their resources and energizing the conservative movement out in wisconsin. >> you...
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scott stein with us from cnet.com. thanks, scott. >> thank you. >> susie: tomorrow on nbr, will they or won't they extend the twist? former federal reserve governor randy kroszner joins us with the latest on the fed's policy decision. businesses took out fewer "help wanted" ads in april. job openings fell to 3.4 billion in april. that's down from a four-year high the month before. the decline is blamed on slower u.s. growth and worries about europe's debt crisis. but "the wall street journal's" simon constable thinks uncertainty is what's really bugging the job market. >> whoever gets to be u.s. president next year, one thing remains clear-- the jobs situation needs fixing. the u.s. economy just isn't creating enough new positions. well, at least part of the problem is government itself. that's according to 2011 research from stanford university economist nicholas bloom and his colleagues, scott baker and steve davis. they point out that uncertainty over what the government is going to do is actually making things wors
scott stein with us from cnet.com. thanks, scott. >> thank you. >> susie: tomorrow on nbr, will they or won't they extend the twist? former federal reserve governor randy kroszner joins us with the latest on the fed's policy decision. businesses took out fewer "help wanted" ads in april. job openings fell to 3.4 billion in april. that's down from a four-year high the month before. the decline is blamed on slower u.s. growth and worries about europe's debt crisis. but...
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stein? is there another reason other than people coming back and looking for jobs? >> that number that comes in and out of labor force bounces around a lot. while it seems like a large number, it's a tiny percentage of the workforce. the answer i'm sorry to say because i don't want to give you a swelled head is exactly what you said at the beginning of this show. there is so much fear all around, businesses are sittingen the largest cash they have ever sat on even ajusted for inflation ever since records have been kept. they are afraid. >> bill: shah what shakes that money free. >> i think several things would shake it free. one if there could be some calming down in europe. it's a mistake to think the u.s. has no role in europe. the u.s. i think should work with the european monetary authorities to say we are not going to allow a collapse in greece, spain or italy and we will work. >> how can do you that when greece is basically saying blank you to the world. we're not going to undergo any kind of discipline in our economy. we're not going to do anything. you know,
stein? is there another reason other than people coming back and looking for jobs? >> that number that comes in and out of labor force bounces around a lot. while it seems like a large number, it's a tiny percentage of the workforce. the answer i'm sorry to say because i don't want to give you a swelled head is exactly what you said at the beginning of this show. there is so much fear all around, businesses are sittingen the largest cash they have ever sat on even ajusted for inflation...
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let's turn to sam stein. good to have you with us. that's just how they turn in those circles, if you know what i mean. >> impeachment, did you mention? >> i thought i would ask if you heard anything on the hill? the contempt vote on holder is going to be in the house on thursday. and congressman issa is doing his whes to whip this up, even though he admitted on fox he has no everyday of a coverup? >> it's a presumption of guilt with a recognition of innocence. they acknowledge they have no evidence that shows that the administration was involved in this, but they're searching for evidence that it was there. the thing they're willfully ignoring or seems they're ignoring is that the attorney general cannot exercise the right of executive privilege. he must request that right from the president himself. and so when the president exercised that right, it was part of the process. it wasn't some sort of malicious or sinister attempt to cover it up, at least according to the white house. that's an important thing to actually know when you'r
let's turn to sam stein. good to have you with us. that's just how they turn in those circles, if you know what i mean. >> impeachment, did you mention? >> i thought i would ask if you heard anything on the hill? the contempt vote on holder is going to be in the house on thursday. and congressman issa is doing his whes to whip this up, even though he admitted on fox he has no everyday of a coverup? >> it's a presumption of guilt with a recognition of innocence. they...
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also joining us, sam stein, political editor and white house correspondent for "huffington post."ten to tim pawlenty comparing romney to reagan, i think in a way he's on to something. he's saying that in massachusetts, romney governed in a kind of reasonable bipartisan way, where he got support from the legislature of another party, and by the way, ended up doing things in massachusetts, like the health care bill, that the current republican party despises, just as reagan as governor ended up doing things, raising taxes, at times, that the current republican party would attack him for or would have attacked him for if he had been in this republican presidential primary this season. >> well, i think that's right, except that that mitt romney, you know, was interred in the grave, you know, four years ago, and is certainly long gone now. but it is certainly true that ronald reagan was far more, i don't want to say liberal, but he was certainly not in concrete on key issues, even as governor, he signed the largest state tax increase in american history, as governor. and he signed an a
also joining us, sam stein, political editor and white house correspondent for "huffington post."ten to tim pawlenty comparing romney to reagan, i think in a way he's on to something. he's saying that in massachusetts, romney governed in a kind of reasonable bipartisan way, where he got support from the legislature of another party, and by the way, ended up doing things in massachusetts, like the health care bill, that the current republican party despises, just as reagan as governor...
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sam stein will also join me. tonight's "rewrite" along with all the other people who got it wrong today, misinterpreting, to put it mildly, the supreme court decision which was a huge win for president obama and a virtual complete defeat for the madness of jan brewer. >>> and later, the veep stakes. there's a new name moving up quickly on the list of possibilities for the almost vice presidential nomination. i'm not going to give you that name. we're going to talk about it later. i will give you one hint, her first name is condoleezza. it's coming up. are so amazingl, you'll get lost in an all-beef hot dog world. what was i supposed to wish for? why am i wearing a bow-tie? where did i leave my bicycle? after all, when you're enjoying the beefiest, juciest bite of pure kosher beef, nothing else matters. goodness gracious, that's kosher. with no fillers, by-products, artificial flavors or colors. hebrew national. the better-than-a-hot dog- hot dog. thin coffee shops. people who i thave been out of work. you can tel
sam stein will also join me. tonight's "rewrite" along with all the other people who got it wrong today, misinterpreting, to put it mildly, the supreme court decision which was a huge win for president obama and a virtual complete defeat for the madness of jan brewer. >>> and later, the veep stakes. there's a new name moving up quickly on the list of possibilities for the almost vice presidential nomination. i'm not going to give you that name. we're going to talk about it...
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"time" magazine's joel stein joins us now from burbank.s to be a television host because i can't get the words out. did you find out what it means to be a man in america? >> yeah, i think i did. i went and because i was a kid who grew up with like a glass animal collection and ez bake oven. i only listened to musicals until i was in junior high. i figured i needed to be able to cope with a boy. i went out and tried to do all the things i should have done earlier in my life. i went -- >> sorry to cut you off. in the book you talk about embarking on a quest of manliness which included camping with boy scouts, basic training in the army and this is my favorite, getting beaten up, a lesson all boys should learn on the road to becoming men. >> yeah. i didn't know exactly how to go about getting beaten up. i don't know if you walk into a bar and insult someone's woman so i did what all wimpy people do, i called a publicist. i called the publicist of the ufc, ultimate fighting championship, and i asked if i could fight one of their fighters, know
"time" magazine's joel stein joins us now from burbank.s to be a television host because i can't get the words out. did you find out what it means to be a man in america? >> yeah, i think i did. i went and because i was a kid who grew up with like a glass animal collection and ez bake oven. i only listened to musicals until i was in junior high. i figured i needed to be able to cope with a boy. i went out and tried to do all the things i should have done earlier in my life. i...
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sam stein will also join me.is in tonight's "rewrite" along with all the other people who got it wrong today, misinterpreting, to put it mildly, the supreme court decision which was a huge win for president obama and a virtual complete defeat for the madness of jan brewer. >>> and later, the veep stakes. there's a new name moving up quickly on the list of possibilities for the almost vice presidential nomination. i'm not going to give you that name. we're going to talk about it later. i will give you one hint, her first name is condoleezza. it's coming up. but they can be really well thexpensive.ted a puppy, so to save money i just found them a possum. dad, i think he's dead. probably just playin' possum. sfx: possum hisses there he is. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more on car insurance. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally
sam stein will also join me.is in tonight's "rewrite" along with all the other people who got it wrong today, misinterpreting, to put it mildly, the supreme court decision which was a huge win for president obama and a virtual complete defeat for the madness of jan brewer. >>> and later, the veep stakes. there's a new name moving up quickly on the list of possibilities for the almost vice presidential nomination. i'm not going to give you that name. we're going to talk about...
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sam stein touched on it. nates hosting the rays.uire umpires check the glove of joel peralta for foreign substances. a great term. peralta played for the nates in 2010 and they had a little insider information about his pitching habits. umpires did find pine tar in peralta's game. ejected from the game. on his way off the field, he tips his cap to davey johnson. well played, well played former manager. top of the next inning a little gamesmanship the rays ask the ump to look at nat's pitcher ryan matthhews hat and glove. nothing there. >> joe maddon gives a tip back. up next mika's must-read opinion pages, al hunt, andrea mitchell, and sam stein in washington. this message. back from the worst economic depression. almost 4.3 million new jobs we're still not creating them president's jobs plan firefighters, police officers, work. right now. wealthiest americans congress refuses to act. tell congress we can't wait. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next ch
sam stein touched on it. nates hosting the rays.uire umpires check the glove of joel peralta for foreign substances. a great term. peralta played for the nates in 2010 and they had a little insider information about his pitching habits. umpires did find pine tar in peralta's game. ejected from the game. on his way off the field, he tips his cap to davey johnson. well played, well played former manager. top of the next inning a little gamesmanship the rays ask the ump to look at nat's pitcher...
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ben stein is an economist, also author of "what would ben stein do." have you with us today. >> honor to be here of course. jenna: let me be a little more specific about what we're talking about the 2008 financial crisis. you said we made a crucial error by not bailing out lehman brothers. >> it was a gigantic error. jenna: you say we're repeating the same mistake in europe, how so? >> it won't be quite as big as lehman bros., it will be awfully big. if there is a total default of the greek government. if the spanish banks fail or a large, large, large debacle with spanish government trading and borrowing it will affect the bonds of spain, it will greatly affect the bonds of greece and the bonds of the banks of those countries. it looks like italy will be next. the bonds and security of those countries are owned by big, french, german banks, those in turn are owned by u.s. banks. that means the u.s. banks will take a big, big hit which is just what we do not need as we are desperately trying to get out of the recession. the recession was brought on in
ben stein is an economist, also author of "what would ben stein do." have you with us today. >> honor to be here of course. jenna: let me be a little more specific about what we're talking about the 2008 financial crisis. you said we made a crucial error by not bailing out lehman brothers. >> it was a gigantic error. jenna: you say we're repeating the same mistake in europe, how so? >> it won't be quite as big as lehman bros., it will be awfully big. if there is a...
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ben stein, charles payne, dagen mcdowell along with adam lashinsky and charlie gasperino, charles payne, what do you think. >> the unions are losing now big time in the court of public opinion and going to other courts trying to rectify it and i think they're making a gigantic mistake. in san jose, the pensions are almost 200%, firemen, you run into the burning building when others are running out and police officer, take care of the bad guy. but have to listen to the will of the people. and have to draw a line for reasonable compensation, bottom line. i think they're making a bigger mistake. >> neil: i think that san jose stood out because a largely democratic town and democratic mayor, and essentially said, dagen, look, i love the unions and i want to protect the pensions and protect them. but we've got to reign the costs in so that i can. >> why this is such a watershed potentially, is because the people in san jose voted to cut benefits for current retirees. and if this goes ahead and the unions fear this this a great deal and by the way, we had another big, big vote down in san die
ben stein, charles payne, dagen mcdowell along with adam lashinsky and charlie gasperino, charles payne, what do you think. >> the unions are losing now big time in the court of public opinion and going to other courts trying to rectify it and i think they're making a gigantic mistake. in san jose, the pensions are almost 200%, firemen, you run into the burning building when others are running out and police officer, take care of the bad guy. but have to listen to the will of the people....
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. >> neil: ben stein, the union money involved if it fails to get the result it wants then what? >> i think we see an inflection point to use charles' extraordinarily good phrase against the unions. union membership is falling apart only not only in the private sector but you starting to collect downward in the public sector. union money has never won an election. i think mr. obama should be extreme le worried. union support is not going to pull him out of the fact, the painful truth that he has been in office now for 40 months and the economy is still in a terrible, terrible dive. he has not been able to achieve anything like what he said he could achieve. he said, yes, we can. no, we can't. he said change. no, not change. it is the same democratic wild deficit spending. i think this election is going to show that even with the unions pulling out all of the stops people see the truth that the democratic solution is not working. >> neil: adam? >> i think we are having a horribly lopsided conversation here. >> neil: we always do. >> first of all, money isn't the only factor in an
. >> neil: ben stein, the union money involved if it fails to get the result it wants then what? >> i think we see an inflection point to use charles' extraordinarily good phrase against the unions. union membership is falling apart only not only in the private sector but you starting to collect downward in the public sector. union money has never won an election. i think mr. obama should be extreme le worried. union support is not going to pull him out of the fact, the painful...
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. >> the next question will come from tom stein with huffington post.ease go ahead. >> does governor romney support the lilly ledbetter act? >> we'll get back to you on that. >> and that was not a trick question being asked by sam stein, that was a question about the first piece of legislation that president obama signed into law, a law that gives women access to the courts to sue if they're paid less than men for doing the same work. on the call convened by the romney campaign to talk about president obama's record on women and the economy, the romney campaign had no idea what to say about these first legislation of the obama presidency which was about women and the economy. that was awkward. and the attempt at damage control for that awkward moment actually made it worse. the romney campaign finally did get back to sam stein and the rest of the country about the lilly ledbetter fair pay act, but the best they could offer in terms of position on it was mr. romney would not actively work to repeal the law if he were elected president. it didn't say it h
. >> the next question will come from tom stein with huffington post.ease go ahead. >> does governor romney support the lilly ledbetter act? >> we'll get back to you on that. >> and that was not a trick question being asked by sam stein, that was a question about the first piece of legislation that president obama signed into law, a law that gives women access to the courts to sue if they're paid less than men for doing the same work. on the call convened by the romney...
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sam stein, she one upped you.ole model. >> hewey long had to drive lbj down to the coast. he said if you come down here you can beat everybody including eisenhower. it wasn't that clear cut. >> you share the title for greatness. happy weekend. >>> up next, the tea party and evangelicals, a love story. this is a little sick. "hardball" back in a minute, the place for politics. an intense burning sensation i woke up with this horrible rash on my right side. like somebody had set it on fire. and the doctor said, cindie, you have shingles. he said, you had chickenpox when you were a little girl... i said, yes, i did. i don't think anybody ever thinks they're going to get shingles. but it happened to me. for more of the inside story, visit shinglesinfo.com wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with tot
sam stein, she one upped you.ole model. >> hewey long had to drive lbj down to the coast. he said if you come down here you can beat everybody including eisenhower. it wasn't that clear cut. >> you share the title for greatness. happy weekend. >>> up next, the tea party and evangelicals, a love story. this is a little sick. "hardball" back in a minute, the place for politics. an intense burning sensation i woke up with this horrible rash on my right side. like...
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planet planet ponzi no matter how you say it it's all great now we've got the author here mitch far stein welcome to the kaiser report. thanks for having me well i noticed that you brought one hundred joins in bob way dollars do we didn't have to do that we were going to have on the show anyway mitch thanks so much i don't know perhaps if ben bernanke picture should be featured on that because i think that's the way the fed may be headed i think that you know the book that i've come out with actually tells the story about in plain uncertain terms basically what's going to happen with the economy if you keep printing money ok so that's my first question who is operating plan a ponzi scheme named the players bernanke yeah basically sony already made how do they suck people into this what is there an ideology is it just bad economics is a cult how does that the way i think it happens is the if you go back twenty years i think there are a lot of graphs and charts in the book that demonstrate in twenty years how much debt has escalated and there's been no accountability no transparency whatsoe
planet planet ponzi no matter how you say it it's all great now we've got the author here mitch far stein welcome to the kaiser report. thanks for having me well i noticed that you brought one hundred joins in bob way dollars do we didn't have to do that we were going to have on the show anyway mitch thanks so much i don't know perhaps if ben bernanke picture should be featured on that because i think that's the way the fed may be headed i think that you know the book that i've come out with...
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ben stein, thank you.ng jetblue airways involving that flight, remember that midflight meltdown not too long ago. we'll talk with one of those passengers about what he wants. the medicare debate continues in washington... ...more talk on social security... ...but washington isn't talking to the american people. [ female announcer ] when it comes to the future of medicare and social security, you've earned the right to know. ♪ ...so what does it mean for you and your family? [ female announcer ] you've earned the facts. ♪ washington may not like straight talk, but i do. [ female announcer ] and you've earned a say. get the facts and make your voice heard on medicare and social security at earnedasay.org. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, this is pretty good. [ male announcer ] half a day's worth of fiber. fiber one. >>> at age 14, she was the youngest member of the u.s. gymnastics team in the 1996 olympics, but dominique moech jano w
ben stein, thank you.ng jetblue airways involving that flight, remember that midflight meltdown not too long ago. we'll talk with one of those passengers about what he wants. the medicare debate continues in washington... ...more talk on social security... ...but washington isn't talking to the american people. [ female announcer ] when it comes to the future of medicare and social security, you've earned the right to know. ♪ ...so what does it mean for you and your family? [ female announcer...