TV

Was Tax Fraud Encouraged on “Money Rocks”?

Repeat After Me, John Stossel: Government Regulation is Often Necessary!

My debate with “consumer advocate” and radical libertarian John Stossel on FOX is below. Here’s what we did get to say, prior to the debate being cut short, due to a press conference with Robert Gibbs:

Remember this?

Watch the clip from 6 minutes in to the end.

It was June 1, and I said to Mike Gallagher: “Repeat after me: Government regulation is often necessary. You can’t trust corporations to police themselves.” (Mike wouldn’t repeat.)

The segment ends with me saying, “Newly minted socialist Mike Gallagher and Bobby Jindal. Now you want the Government to clean up your mess.”

This clip frames my debate with John Stossel. read more

Willis Watchdogs: Corporate Pay, Climate Change, Lindsay Lohan & Porn at Work

Mark appears with a long-winded Michael Reagan.

A Muslim Community CenterNear Ground Zero?

Working People are Engines of the Economy. Not the Super-Rich [CNBC]

The article below was published by CNBC:

Ordinary Americans are the Engines of the Economy, Not the Superrich

On CNBC’s “The Call” today, I appeared with Ben Ferguson to discuss the wisdom of extending the Bush tax cuts. Like President Obama and the Democrats, I believe in continuing the Bush and Obama tax cuts on the 98% of Americans who earn under a quarter of a million dollars. I think ordinary Americans need the money, along with Government infrastructure spending, to spur us out of the Bush/Wall Street Recession. Ben, in contrast, supports the Republican plan of borrowing $678 billion from the Chinese and your social security taxes to extend massive income tax breaks to the super-wealthy.

Ben argues that America must go deep into debt to give rich people oodles of cash because it will spur economic growth. But I argue it’s the 98% of Americans that received Obama’s middle-class tax cut — giving us the lowest tax burden since 1950 (thank you, President Obama!) — that are the engines of the economy.

Who’s right? As a matter of logic, economics, and history, is it the superrich or the other 98% of us that make the American economy grow?

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