he was talking about g. there is a lot of smart people out there and diligence there is hard working people out success you didn t get there on their own. they did better taking advantage of the benefits of government. and he thinks they should be glad to pay more taxes. he calls that giving back. and why so much stim tim money was spent to protect government jobs and health care and financial reform involved the reach in power of you guessed it, g. gretchin: there are tax credits that available if you start up a business and loans. and if you that private business doesn t get there without the help of the government, that is a idea logical point of view for this president. depending on what happens and the way the story get legs.
children together for seven years. and your baby s sleep might not suffer just because you like a cup of coffee. new study out of brazil found drinking a modest amount of caffeine during pregnancy or breast-feeding did not affect infants sleep patterns. interesting. steve? thank you, gretch. a new york times investigation claims access to the obama white house is directly correlated to the amount of money people donate to the democrats. former rhode island congressman patrick kennedy who donated over $35,000 to the president s re-election campaign is even quoted describing the system as quid pro quo, you know, something for something. fox news legal analyst peter johnson jr. joins us live. quid pro cash. that means tit for tat. i rub your back and you rub mine. i ll give you this and you give me something in return. it s a rare look at presidential politics in 2012 and really an astonishing look.
when you look at the numbers the time have compiled, if you gave $30,000, you have a 20% chance of going to the white house. $30,000 to the president s campaign interests. but if you give $100,000, then you ve got a 75% chance of being invited to the white house and what the times discovered is a correlation between giving money and giving large amounts of money to the white house campaigns. and then being invited to the white house to meet with the president and meet with other policy leaders in america. and so there seems to be a disconnect based upon the times story. this notion of fairness, this notion of the 99%, this notion of equality and redistribution, but it appears that there is a pay to play system at least for visits to the white house. no one has said there s anything illegal about this at all. but it does but it opens up the curtains. it does and that s not fair. it s not fair if you ve got to
he would resign. so he s clearly not everybody else did. he s blaming everybody else. including europe and including the tsunami. those were factors. those were factors. when europe slows down as it has, that s a factor that does affect america and the tsunami which hit japan is a factor which affected the united states. but the core problem here is the failure of president obama s spend, spend, spend stimulus, spend some more program. it has not worked. and now the democrats are blaming everybody else. and treasury secretary geithner is taking a lead role in that blame game. all right. we ll hear more about this on varney & company i m sure kicks after the 9:20 a.m. eastern time on the fox business network. thank you, stu. thank you, sir. next up on the rundown, the president vowed not to take money from lobbyists but a new report revealing the exact opposite as you look live at 1600 pennsylvania avenue. and all she wanted was her boyfriend home from the war safe
they ll be able to figure out the loopholes so they won t end up paying 30% tax and you re not going to raise $45 billion that doesn t begin to solve our deficit. let alone the fact that it s taxing people on capital gains, money they ve already earned or been taxed on, there s a lower rate because the theory is people take that lower rate and they ll invest it again. something is going to pay the price for this. by the way, i don t think anyone has argued over the next 10 years, this will raise a grand total of $50 billion which does a lot for you individually. for the country, it s like a nickel in your pocket. u.s. it s a drop in the bucket. the president said people who have been successful like me. interestingly enough, the president of the united states would not be impacted by the buffet rule because he released his taxes on friday and he paid a rate of 20% on income of about $800,000. keep in mind, the threshold would be a million before it kicks in. so even though the p