alaska. his body hasn t been found and recovery efforts are expected to take several weeks. i m jamie colby. great to have you with us. we ll send you now to bulls and bears. american taxpayers are now positioned to recover more than my administration investigated in gm. and that s a very good thing. president obama getting ready to hit the road to deliver the gm news hailing its stock debut as a win for taxpayers. that remains to be seen, but it was a clear win for unions and eric, you say it means the bailouts are far from over? that s right, this is only going to inspire more bailouts. here it is, guys, take a look at the taxpayer you and me, 50 billion dollars into this deal. uaw zero into this. after the ipo bondholders getting wiped out and your share, now 12 billion dollars, check it out. uaw takes 4 billion dollars away from this. we re out 38 billion dollars as of the end of the week, mr. obama took a victory lap on friday, he s going to come
wants to stick it to people who own three mcdonald s franchises. if you look from the join committee on taxation, nonpartisan group, what they say is of the 38 billion dollars in tax increases, we re talking about here, 31 billion would go on people who earn a million or more. if you are making a million dollars a year you are rich. we can t be living on credit forever. we ve got to stop it somewhere. i don t think is a bad idea. my stats show 75% of the families that would be affected by this tax hike are making between $250,000 and $500,000 a year. a long way from a million. a lot of those people are small business owners and that would hurt job creation of the dollar amount would cover the annual pork spending. new irs data shows the upper bracket foots the bill for 40%
grade, within months obama offers the 535 million dollars. in may of i m sorry, march of 2010, price waterhouse another rating agency says there s a problem here, administration, and guess what happens? two months later mr. obama goes and does a photo op at solyndra. is this crony capitalism or outright blatant corruption? to me, this is not it s not that. this is not cronyism on behalf of the white house. there is an investigation going on. and you have 38 billion dollars that were spent on various programs. 40 of them to be exact. 49 of them are a success. 39 of them created jobs. one, solyndra, yes, a mistake of an investment, no question. no, but the difference, technology that fails is not the same as funneling taxpayer dollars to a company, to benefit the investors before the taxpayers. right. that s the or the investigation, the investigation is about not one is special favors. did the obama donor get
dollars out of medicare and shifted it to obama care. we had seniors on that vote. every age span, every gender, every economic sector with us on this issue. i know we could have won this fight. greta: friday night when we were doing the show. the vote went down during our two hour show. many republicans were taking a victory lap because it was 38 billion dollars and a spending cut. last night reread a nonpartisan scores it is suddenly 350 million dollars, profoundly less. is there a reaction in echoing in the republican side of the house of representatives that the deal was a bad deal and they never should have agreed or are republicans satisfied with it? some are, some aren t. there is an echoing that was a story in the national journal. the numbers were from the congressional budget office that said we went from 38.5 billion to 352 million.