Stories you on the Senate Judiciary committee trying to understand how all of these vital customer Information Records could get stolen. Target come as you can see, was not alone. Is a 20 of other Companies Got caught up as well. Including in the market. And who knows how many more. Its easy to play monday morning quarter bak. And do these politicians not miss the opportunity. We need to do something more graphic. Lets see how the government can partner with private business. Losses actually have increased at a greater pace than that we need to get to the bottom of these breaches. Congress needs to act. Themerican retailing industry and its failure to protect. What worries me is that these are going to have use the hack attacks it suggests that are hacks willo too far following this cracking down of the cyberthieves. Collecting millions of american phone records and tax againand they get paranoid all over again. Just because the government can. That is what really worries me about this
And john tammy. John, y would we want them to do anything with this if this is what we get . Its a reminder that bipartisan is the most overrated concept in politics. Any time the two parties get together, weve always got to watch our wallets. In this case, its a normally expensive bill and violates the most basic concept in economics which is comparative advantage. Rick, cooperation usually mes more spending. More spending means more pork and thats not good for the economy. Well, lets tear that apart a little bit. Nobody is going to disagree when we say pork. Intellectually, its a terrible, terrible thing to do and should not drive legislation. What fascinates me, however, well beyond our recent years its always been pork and its always been earmarks that are used to get an agreement. The question you need to ask is y. Why do these politicians require this before they vote the way they should and if they are going to do it anyhow, maybe we should bring earmarks back because at least w
Smart phones to google, and selling motorola to lenovo, a huge haircut, but google is holding onto the valuable patents and it looks like stuart was right. Tv ratings for president obamas state of the younion at the lowt since bill clintons. Stay tuned, Varney Company is about to begin. The economy grew just over 3 at an annual rate of the last three months of the last year and thats in line with wall street estimates except consumer spending, that was as strong as its been in three years and say it again, the economy is growing even after or maybe because of Government Spending is in a freefall. Two news items out of washington for you this morning. First, president obama pushes for the two largest trade deals in u. S. History while a major roadblock, those obstructionists following president obamas state of the Union Address, this comes from Senate Majority leader harry reid saying he will not bring legislation to the floor that will give the president greater trading power. And reme
They said it was all in good humor. But good grief. Lets be clear. Fox didnt create this mess. The president created this benghazi max. Fox didnt kill four brave americans there. Terrorists dead. Fox didnt miss the growing rumbles from libya then. We didnt even know that there were any growing rumbles on. But you did. Your health care lauded. Fox didnt make the bosses crunched the numbers and crunch the workers out. Your lauded and you did. And what if fox had the power to sabotage any federal initiative when your website made it easy. The true onerous cost for millions made it look so awful. But you, sir, are the president and you are the one who asked look in the mirror. Because the source of your problems is the guy staring back at you. And its adding up the cost of your picnic. We were the ones who said that if it sounds too good to be true, you are insisting that it was true and that doesnt make us okay. You are upset because that doesnt make you our leader. Just like its understa
Welcome to the willis report. Your show, your money, your voice. And tonight your calls to the irs, well, theyre going unanswered. Over 61 of the people trying to talk to a Customer Service representative at the irs actually got through to somebody last year. Thats according to a watchdog report. That left millions of us to figure out how to comply with our complex tax code ourselves. With more on this, scott hodge president of the tax foundation. Welcome back to the show, scott. I went on the website; right. Here is what they say. They say call us with your questions. Right. Gerri available monday through friday. Not so true; right . Not so true, gerri. As the [laughter] as the Taxpayer Advocate found when you call the irs, youre not only not likely to get through and get a real person on the phone, but youre probably going get a wrong answer. Thats part of the problem. The real root cause of this, erri, is the come complexity of the tax system. We handed the irs an Impossible Task of