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Transcripts For FBC Bulls And Bears 20140928

With janiece. Is this adding to the debt . Heck yeah. We dont have a slush fund. We should have a slush fund for war. How could we . We have been cutting defense spending. From 2011, we cut 85 billion. Everybody remembers what happened in 2011, right . Now we are cutting defense spending, thanks to the sequester. And we have entitlements we have to pay. We have other obligations. We are not focusing on what is congress only job, to protect us. They are not doing that. Our Interest Payments are going to exceed our revenue. We cant afford this fight with isis. Its so sad. Gary, what do you think . Is this about the money . Well, i take issue with tracy. I think we have a slush fund, its called the Defense Budget. We complain defense doesnt get enough. It is 700 billion a year. Thats higher than the next six countries combined. I mean, do we really need to be spending more than just everyone else total, essentially . This war against terrorism is expected to cost 20 billion a year. I thin

Transcripts For FBC Bulls And Bears 20141214

Exactly. Let me throw other facts in here. First of all thrks is a program that 20 of americans favor. Why obama is doing this, i dont know. Well, i do know. Hes trying to get more and more voters into the democratic party. Theres other tidbits in there. We are providing, you and i, brenda, american taxpayers 7 million for them to have lawyers so they can fight any immigration case in court. On top of this, lets not forget, most of these people are going to qualify for the earned income tax credit. There is billions upon billions of dollars. The problem is not only will that payment grow with more and more immigrants, its the most fraudulent program. If theres fraud now, we have all these immigrants come in, thats going to expand probably tenfold. This is a money hole that obama created and no one wants this. Chuck, do you . Does it make sense to you . You are talking onehalf of one percent of this budget. Just on this specifically, this is adding not only more lawyers, but judges to d

Transcripts For FBC Bulls And Bears 20141214

Exactly. Let me throw other facts in here. First of all thrks is a program that 20 of americans favor. Why obama is doing this, i dont know. Well, i do know. Hes trying to get more and more voters into the democratic party. Theres other tidbits in there. We are providing, you and i, brenda, american taxpayers 7 million for them to have lawyers so they can fight any immigration case in court. On top of this, lets not forget, most of these people are going to qualify for the earned income tax credit. There is billions upon billions of dollars. The problem is not only will that payment grow with more and more immigrants, its the most fraudulent program. If theres fraud now, we have all these immigrants come in, thats going to expand probably tenfold. This is a money hole that obama created and no one wants this. Chuck, do you . Does it make sense to you . You are talking onehalf of one percent of this budget. Just on this specifically, this is adding not only more lawyers, but judges to d

Transcripts For FBC Bulls And Bears 20140928

With janiece. Is this adding to the debt . Heck yeah. We dont have a slush fund. We should have a slush fund for war. How could we . We have been cutting defense spending. From 2011, we cut 85 billion. Everybody remembers what happened in 2011, right . Now we are cutting defense spending, thanks to the sequester. And we have entitlements we have to pay. We have other obligations. We are not focusing on what is congress only job, to protect us. They are not doing that. Our Interest Payments are going to exceed our revenue. We cant afford this fight with isis. Its so sad. Gary, what do you think . Is this about the money . Well, i take issue with tracy. I think we have a slush fund, its called the Defense Budget. We complain defense doesnt get enough. It is 700 billion a year. Thats higher than the next six countries combined. I mean, do we really need to be spending more than just everyone else total, essentially . This war against terrorism is expected to cost 20 billion a year. I thin

Transcripts For FBC Bulls And Bears 20140629

Is bulls and bears. Here is gary and tracy and jonas and john along with chuck. Welcome to everybody. So, john, the president doesnt see a difference. Do you . Yes, i do. And one of the reasons that the president does not see the difference is that he has never been in private enterprise and none of the advisers around him, and look, comparing the government to what the corporations do, and the corporations have accounting that is transparent and if they will hear from the shareholders and they have to report every single quarter, and government does not. If you steal in the private enterprise, you will be prosecuted. If you do it in government, you label it pork and nobody says anything about it. Think about this, how many people including the president of the top leaders in d. C. Could run g. E. Or amazon . But could jeff emmel or jeff bezos run anything in d. C. . Yes, it means that the best in private enterprise is better than the government. And so this is a true comparison . Well

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