families of latino origin. california is the state where immigrants can dream and drive. leading the fight against climate change and same-sex marriage inequality, and adding another string to its bow, fiscal responsibility. joining me now gavin. it is a joy and a pleasure to have you on the show. thank you. i have to ask you with ever round of accolades, some people say, wait a second. if you look at the reasons why there s a surplus, the richest 1% of californians account for a third of the tax space. so the question to you is how much of this is democrats and democratic leadership and how much of this is just the natural
that s what led to the downfall of detroit. not american corporations. this is a clip from a detroit councilwoman who i think put in perspective what a lot of people in detroit were looking for from the federal government. after the election of jimmy carter alexander young, he went to washington. he came back home with some basics. i remember that. that s what you do. that s what you do. is that what you do? that s the problem, isn t it? they kept waiting for uncle sugar to come rescue them. there s also a mail problem. the tax space they re gone now i think is the problem. talking about public unions. i think a lot of whether or not we re going to invest in public services or not.
with china, then you hurt ge and caterpillar even if you hurt america and that puts the people in d.c. in a heck of a situation. a story the new york times this morning, these big companies are hoarding cash. borrowing money for nothing. i know. don t have enough confidence to move forward. even overseas, they re not spending a money. you look at the flow of money from our corporations from the american tax space, using american corporations in our banking system to take money out and put it into china and other countries, it s what has been going on. if you look where it has gone, why is there no lending, it s because the political architecture for business, you have these businesses that are long global development, but if you talk to american businesses, talk to people new core steel, nobody letting me bid on
illegal immigration how about if amnesty day, you re declired an american. you re legal. do you know what that would do to the tax space in the right teas would have to pay minimum wage and it would level the paying field for a lot of businesses across the country and a lot of people would fall by the way side and we would certainly change the landscape of labor in this country and make the progressive movement a lot stronger. this is going to take a lot of guts by the democrats in the congress. don t count on the republicans. they are not going to be there. i don t believe the 11 that voted for it before are going to help out president obama. president obama has a chance to really change the economy and landscape of the illegal immigration. and, of course, with amnesty day, what do you say that we
work. if french appear to be fed up. a similar spending crisis a few hundred miles north in london, expect these cuts even deeper. the biggest in generations. half a million public sector jobs cut. billions slashed from welfare and a raise of age to 66 for retirement. the banksters in that country making out like bandits. the difference is there s no uproar. no rioting. our question, what happens when we can no longer ignore our own controlled, manipulated, extracting economy and its impact on loss of teachers, judges, firefighters and the impending threat to public revenues on the tax space as a