Transcripts For FOXNEWSW Cashin In 20130810 : comparemela.co

Transcripts For FOXNEWSW Cashin In 20130810

0 provision of trading against derivative of speculation of any type. so in my opinion you could make an argument this is shariah creep with cracking down on trade and cracking down on derivatives traded and wealth production. >> but let's stay on this, on the robin hood aspect of this. he calls this a robin hood tax. trying to make an example of taking from the rich to give to the poor. however, everyone that is being taxed on this isn't rich. there are people who will put money in a 401(k). they will end up paying the price. >> well, you are absolutely right. again, eric, it doesn't mean that in a tax like this, he is a catch-all tax. he is going to try to get little people, big people, anybody, because they need, they start with the word "need." we need to do this. if i hear that word again i'm going to throw up. every politician starts "well, we got to do this, we need to do that." well, think about it and go get a job instead of leeching off of the public for god's sake. that is all politicians do. that's all the guys do. it may be a wonderful idea in his brain, but as you properly said, he never read the constitution. nowhere does it say in the constitution i can go out and tax you for this, that, or the other. >> the right. he mentions the right. michelle, a lot of people are out of work. things are tough. president obama keeps talking about all the jobs he created. get something much better. it doesn't seem like it's getting better. >> it's not getting better at all. it has to do with the fact that our government has this idea that everyone is entitled to a home, everyone is entitled to healthcare. we have don't have the money to pay for that. you are not entitled to a cheap home and healthcare and have this life of julia, where the government takes care of you from cradle to grave. that is what got us in the mess. that kind of nanny state mentality. >> emily, michelle points something out importantly. at the end of the sound bite he says government has the right, the people has the right to housing. is housing the a right? >> these are things we should aspire to. going back to the same policy that got us in the economic -- >> emily, emily, emily, emily, emily. aspiring to is one thing. do people have a right to housing? is it our job to provide a home for every person in america? >> these are aspirational things that the government should be working to do to help the private sector help all people get in homes. we should be working together, a these are aspirationm and things we should be doing. but the fact is going back to the same economic policies that got us in this mess in the first place isn't going to do it. >> that's what got us in the housing bubble. >> the same government policy is government intervention. we're going to more intervention. there are two ways to deal with people through trade, which is what the investors are doing and what representative ellieson wants to tax and through force, which is what taxes are. >> we'll leave it there. >> good discussion. wayne, last thought. >> yeah, 1831, believe it or not, alexis de tocqueville said when the congress understands that they can bribe the people with their own money, it will mean the end of the republic. >> there you go. way to end the segment. good job, wayne. coming up, democrats, once slamming sarah palin for accusing obamacare of creating death panels. now guess who may be jumping on the death panel bandwagon? >> ahggg! [ male announcer ] frequent heartburn? the choice is yos. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid with prevacid 24hr. o'ee e.

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