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lou: joining us real clear markets editor john tandy. he's written a new book called popular economics. what the rolling stones, down downton abby recommends to you. let's get to it. this is a deal, we don't know the details congress wants to gift president their constitutional authority, and get an up-an-down vote on anything. what in the world? this is free trade? >> well you have to wonder about when government gets involved in the exchange between people but generally, i like this. i like the idea because all we are in the economy are a bunch of individuals. i like the idea of everyone around the world vying for my business i'm a bargain-hunter. i want the world competing for my business. lou: do you want them going online and becoming the editor of real clear politics? do you like competition that much that we turn it over to someone in romania or india or do your job for a third of what you make? do you really like that idea? i want you to be real honest now! >> let's remember, despite all the low wages around the world, the vast m
lou: joining us real clear markets editor john tandy. he's written a new book called popular economics. what the rolling stones, down downton abby recommends to you. let's get to it. this is a deal, we don't know the details congress wants to gift president their constitutional authority, and get an up-an-down vote on anything. what in the world? this is free trade? >> well you have to wonder about when government gets involved in the exchange between people but generally, i like this. i...
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steve forbes rich carlguard, carey sheffield, john tandy and bruce jackson. rich what do you make of these lotto comments of the president? >> if he had said everything he said but left out the word lottery, it would have sounded like pope francis. i mean it would have been a good liberal pitch for successful people to pitch in. the use of the word lottery is really revealing of his mind-set that success in this country and maybe even the success of the united states is some artifact of luck. it's one of the most poisonous things i've ever heard a president of the united states say. >> what makes this country great, bruce, is people aspiring to greatness. people achieving greatness. that wasn't a lottery win, that was their aspirations. >> no i would agree with part of that. i would say who he is -- we need him to elaborate a little bit. i think who he was talking about is hedge fund manager whos pay an outrageously low tax rate. in the broader context, on the whole poverty issue, if you think about it a lottery prize after taxes is $600,000. if you're born i
steve forbes rich carlguard, carey sheffield, john tandy and bruce jackson. rich what do you make of these lotto comments of the president? >> if he had said everything he said but left out the word lottery, it would have sounded like pope francis. i mean it would have been a good liberal pitch for successful people to pitch in. the use of the word lottery is really revealing of his mind-set that success in this country and maybe even the success of the united states is some artifact of...
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May 17, 2015
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he's also ordered to tandy counseling sessions.e had been accused of of drugging and raping a woman following a gather tag restaurant in blue bell. last summer a judge throughout charges of rape and sexual assault after he pleaded no contest to indecent assault. that's a misdemeanor and sentence to do two years probation. >> fallen philadelphia firefighter now part of a permanent memorial at a local fire station. this canvass print honoring lieutenant joyce craig was presented to members of engine 64 this afternoon. craig is the very first female firefighter in the department's history to die in the line of duty. the 11 year veteran lost her life battling a fire in west oak lane last december. >>> a victory in the on-going fight against isis tonight. us commandos in eastern syria go tow to tow with high ranking members of the terror group. fox's molly hennenberg is in washington now with the very latest developments. >> reporter: this is "a real fire fight. a no kidding old school fire fight ". some members of the delta command dou
he's also ordered to tandy counseling sessions.e had been accused of of drugging and raping a woman following a gather tag restaurant in blue bell. last summer a judge throughout charges of rape and sexual assault after he pleaded no contest to indecent assault. that's a misdemeanor and sentence to do two years probation. >> fallen philadelphia firefighter now part of a permanent memorial at a local fire station. this canvass print honoring lieutenant joyce craig was presented to members...
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john tandy the great economist put out a great story. when the government spends money that is added to gdp. when the government doesn't spend money gdp is going to go down. you can see the vicious circle that is in there. we have severe crony capitalism. the inspector general who oversees medicare said wait a second, medicare is not negotiating drug recents with manufacturers while medicaid is. why? the slaw written there, you know what? you can't interfere with the negotiation between drug companies and the federal government. what is that about? i'm not sure. neil: what's more alarming to me when you talk to kids of all political strifes political affiliation, blaming it on the parents or generation they have inherent distrust of washington and institutions and inherent distrust of any one authority to get anything done? >> they do that's unfortunate. im a person that doesn't necessarily believe government is the answer to all of our problems, but there is a sort of minimum they think government sets. >> gone beyond the minimum? >> i
john tandy the great economist put out a great story. when the government spends money that is added to gdp. when the government doesn't spend money gdp is going to go down. you can see the vicious circle that is in there. we have severe crony capitalism. the inspector general who oversees medicare said wait a second, medicare is not negotiating drug recents with manufacturers while medicaid is. why? the slaw written there, you know what? you can't interfere with the negotiation between drug...
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let's bring in our panel, jeff reeves and john tandy, "forbes" columnist. jeff, what about this?you think we are on the road to a better economy where the market and the economy go parallel? >> yeah, actually, i really do. and i think it's important to note too not just do we see a good rally for stocks today, over the last month or so we've seen ten-year treasury rates move up pretty significantly in anticipation of a rate hike, about a month ago the ten-year was 1.8, now it's about 2.2. so i think the market is anticipating a rate hike. and while we see some volatility, i think a lot of that can be attributed to earnings, twitter and yelp, of course they got slammed because they had bad earnings reports. i think we are seeing an upwards market, you know, in rates, and the market can move higher. david: so, john, are we getting back to normal with our economy and the markets? >> well, i think we've always been normal at this point. i'm generally optimistic mainly because washington is gridlock. you never have market crashes or corrections. what you have is new information reachi
let's bring in our panel, jeff reeves and john tandy, "forbes" columnist. jeff, what about this?you think we are on the road to a better economy where the market and the economy go parallel? >> yeah, actually, i really do. and i think it's important to note too not just do we see a good rally for stocks today, over the last month or so we've seen ten-year treasury rates move up pretty significantly in anticipation of a rate hike, about a month ago the ten-year was 1.8, now it's...
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May 13, 2015
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last year she launched a clothing line she called tandy lake. this is her most popular item. said we saw a shirt like that at target. so melissa decides to go there herself. and guess what it was there. selling for less. now, she complained. she said this looks a lot like my original design. >> like exactly. >> it really does. she says she puts a lot of time and effort into these screen designs. this is her baby her business. target says it is aware of the issue and contacting her. >> do right by her, target. >> it seems like something maybe went -- it's kind of unmistakable. >> they need to elevate that. she was in the store. it's not hard to find. >> and by contact we mean show up with a big check. >> but also she's obviously a brilliant designer. maybe she can get into target stores and her business can take off. >> mean bwhilemeanwhile, mirror mirror on the wall a new study revealing who is the most vain of them all. what do you think. >> men. >> you are right. turns out the british study saying that women checked their reflection 16 times a day in the mirror. men, howeve
last year she launched a clothing line she called tandy lake. this is her most popular item. said we saw a shirt like that at target. so melissa decides to go there herself. and guess what it was there. selling for less. now, she complained. she said this looks a lot like my original design. >> like exactly. >> it really does. she says she puts a lot of time and effort into these screen designs. this is her baby her business. target says it is aware of the issue and contacting her....