24th state to have one. The phone lines are open. Also, send us a tweet or a facebook post, or send us an e mail. Heres what the president said yesterday in michigan. [video clip] these right to work law dont have to do with economics. They have everything to do with politics. What they are really talking about is giving you the right to work for less money. [cheers and applause] you only have to look to michigan, where workers were instrumental in reviving the Auto Industry and to see how unions have helped to build not just a straw uppermiddleclass but a stronger america stronger middleclass but a stronger america. People and should be focused on the same pink. They should be working to make sure Companies Like this manufacturer is able to make more great products. Thats what they should be focused on. Host distorts free press, courtesy of the newseum in washington, as this headline some schools are closed in the state so teachers can also protests that block today. Here is the detro
Experiences. Guest the federal government has tried to roll up waste and fraud, but when taxpayer money is involved it is different than a private enterprise. The ability for fraud to creep into Government Programs financed by taxes is much tighter than private enterprises because shareholders have their own money that they invest. There are a certain amount of problems. For instance, medicare, probably in the order of 60 billion per year in a wasteful and fraudulent payments. This is a huge number. It is in part because medicare programs paying a billion claims a year for medical services. The ability to track the claims and figure out which ones are right and wrong is limited at the federal level. I think there is a certain amount of things that go on and government that is difficult to get all the waste out. The caller is absolutely right it to be a top priority. Host alright, kathy, Wesley Chapel florida, republican caller. You will have to make a quick. Caller hi. Ok, first, i thi
Relationship. We are talking about what they will do to hurt us. Life has been hurt by democrats. Weve got in our mind that we got to the democrat. And see in your community, who are the real oppressors. They all this talk about black on black crime. When you hear black on black crime, the first thing you think of is a black man robbing you or breaking into your house. Doubt is an black on black crime. Lets take it one step further. There is a black on black crime in city hall. Theres a black on black crime in the state capitals in america where black folks are voting against our interests. Where black folks are making themselves poor and other groups are getting richer. Public housing. Ost of people are homeless it is because of you, mr. President. Detroit, where is your leadership . Black folks arent running that city. Aint no white folks doing that. Everything happening in our community is black leadership. Children know that democrats have not done anything for us yet. Why should t
To a safe and sound operation in the early 90s when Interest Rates were 13 or 14 for home mortgage. You had states which prohibited the enforcement of clauses. 30 year mortgages, thinking they would have an average life of seven years. Funded by shortterm deposits. Loansrohibited those under Consumer Protection, transformed those loans into 30 beingow yielding assets funded by highcost deposits. This is one example i have. Many examples where you have state laws designed to protect consumers in particular states without the strong ability to have Natural National laws that are necessary to protect National Banks. It is critical to the National Banking act. You. You have each listen to one anothers remarks, what did you agree with and what did you disagree with . I would be glad to take a stab at that. I agreed with everything he said. Banks are special and they serve a unique function. Transferring longterm assets into shortterm liabilities, which is critical to our system. Reference t
A lot of good stories coming your way. Our top story tonight a disturbing shift in emerging health care system. Time warner and ibm, two very Big Companies are pushing their retirees from companyrun health plans and to private insurance exchanges. These two big employers are joining the ranks of other Large Companies doing the same thing in an effort to cut costs. With more on this, senior fellow at the manhattan gerri i have a lot of confidence in our viewers. Very difficult, especially if youre locked into a provider. Whats interesting about this is a lot of private Sector Companies are finding opportunity in this. A standout as one company. A virtual unknown in business. Talk to me about the private sector opportunity. As you said, a huge boom. More and more Large Companies are turning to a private company and will set of these exchanges. These are not obamacare is publicly subsidized exchanges. Entirely privately constructed exchanges. Instead of an employer offering one insurance