About This Video
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Published: Tue, 25 Aug 2009
Description: Who's really pulling the strings in Washington?
Automatically Generated Transcript (may not be 100% accurate)
" Last night we broke all kinds of records for ratings. And I thank you for that I thank you for waking your friends up and please. Please. There is a reason. Why yeah. Everybody on the left is coming after this program there's a reason for it if we were wrong and we were completely made in courage just keep going brother. This a special program this week invite a friend to watch DVR the -- save them. Write them now we're asking tough questions. Because when you look at one new story after another. Things just don't make sense how can we spend our way out of debt why are we rushing into everything why -- our politicians bother to read the bills. John Conyers said something outrageous but it makes sense when you put it in the context of what you're beginning to learn this week and will by the end of the week. I hope you're getting this message watch what he said."
" I love these members together and say read rebel. What what good is reading the bill if it's a thousand pages and you don't have. Two days and two lawyers. To find out what it means after you read the bill."
" Thanks so he thinks it's reasonable to not read the bill it doesn't make sense in lets you understand the context I think it's reasonable to read the bill. -- let me ask you this if you -- suggests you know it you're gonna go out to eat at someplace you've never heard of you go. Because you trust her. -- is not being irresponsible. This as a sign that he trusts whoever put the bill together. You don't because you've seen the ramifications. Of what's going on in Washington more importantly. Intel this week you probably didn't know who's actually writing these bills. This week you're getting a little closer to the truth. Cool is it that those in Washington are trusting. It's not you they think your crazy they wanna put two and a watch list. Maybe you'll end up trusting who's putting these bills together as well and that's fine I don't that you may. But we deserve to know especially because we didn't vote for these people whoever is pulling the strings are writing the bills who are today. Well. Take a look."
" To get through this government's need to act. Great obligation responsibility. For governments to act to solve these things the market will not solve this and the great risk for us as we do too little not to get too much."
" Mark if you feel free market still needed and found. But the vikings still afraid of former president was referenced about him that he save capitalism from --"
" I'm gonna win the Nobel prize tonight that I can finally proof."
" That Ronald Reagan is wrong. George Bush is wrong well does not trickle down. It's trickled up I guess what this -- will be all about this liberal will be all about socialized. Would be about."
" Basically. Taking over. And the government running all of your companies."
" I think we had quite enough capitalism the last eight years I think we need some regulations now."
" Looking receives its. -- fact that. International documents thinking about human rights and constitution all over the world. Roosevelt second Wright's speech. Towers I think about the moon. --"
" For your responsibility. Took -- from Wall Street to Washington to main street. And regulatory regime basically crafted in the wake of -- twentieth century economic crisis the Great Depression. Was overwhelmed by the speed scope and sophistication of a 21 century. Global economy so today my administration is proposing a sweeping overhaul of the financial regulatory system. A transformational on a scale not seen some reforms but followed it. The Great Depression."
" Okay did not break the --"
" Down with capitalism. By the way as a former partner of the guy who runs the Apollo alliance the guy who helped write the stimulus bill. Former economic adviser to President Reagan art Laffer is here and senior economic writer for The Wall Street Journal Stephen Moore they are both authors of the book the end of prosperity. Guys I I wanna stick to. Who these people are and I'm gonna give you a few words of some of them and then you tell me what it means. This is from the science -- John Holdren. The need for -- development presents our economist with a major challenge. They must design a stable low consumption economy in which there is much more equitable distribution of wealth than in the present one. Distribution of wealth from both within and among nations. With in the and among nations is absolutely essential -- decent decent life is to be provided for every human being Stephen you -- take that."
" Does not too surprising that we're not creating wealth and we're not creating jobs when mr. Obama's advisers are against wealth than creating jobs and -- development means is less development. And this is clearly anti capitalist but it's also. Anti jobs attempt to wealth that Jeff -- prosperity and he this is a guy who wrote a book back in the 1960s with Paul Ehrlich and now and -- like they were the that. Authors of the population bomb in the mouth through friends throughout the whole world was coming to when."
" Right. Art help me out on this when this is from cats dusting thank you. Without taxes there would be no liberty without taxes there'd be no property without taxes fueled bus would have any assets worth defending. It is a -- fiction that some people enjoy an exercise their rights without placing any burden whatsoever on the public. -- There is no liberty without dependency that is why we should celebrate. Tax day."
" What does that mean I don't really know how to take that that's what to take on that haven't we all know there's a need for taxes to raise the revenues of the government have to do. But the question is we should try to minimize the damage that taxes still. We should raise the records -- revenue is doing the least possible damage to the economy not -- taxes taxes are necessary evil at times Glenn. But they are not something that we should praise and we should look at it for I think that here's what is raising cancer because it. He -- he here's what I'm asking both of you. Brian DC is a guy who. Is. This according to the New York Times -- nothing about the automobile industry help redesign. What we're doing hall. -- away."
" General Motors and Chrysler tetra -- and Nancy Pelosi and Nancy Pelosi any he is that he is not a capitalists. How is it that. We find ourselves with the president surrounding himself with people who are not capitalist as best statistical club that's an easy. Question and answer because the president doesn't believe in capitalism himself. I mean he's made this very clear. The people he surrounded himself share his belief system it is anti capitalist I would also describe it has taken harper would agree with me on this. But it gets its radical redistribution that some. -- to rob Peter to pay Paul."
" Art what is the question that America needs to ask to get that add to pin. The president down he is either capitalist or he is not. They use all this language and and meet personally what we're doing this week is taking the president in his own words you -- know what I believe look at the people I surround myself with. Well Stephen you know these people. So -- so are what should we ask."
" Well I mean to question here is that he clearly. Doesn't believe in the system we have as we have it. His proposals demonstrate that very clearly his health care proposal we all know we want the single Payer. Anyone -- why he wants that to -- the government OK we all understand that he doesn't think up consumers control prices of coming eat eat doesn't propose many things we should do."
" And let less with a lot that we know are wrong."
" Are -- did hang on America it. Please give me another thirty minutes tonight I'm gonna show you some how much is himself but I think it's just downright spooky."
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