0
0.0
Apr 30, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
old cpi, we would have a higher cpi, scott hodge, a couple additional turkeys for utreasury secretary yellen, is throwing in with a couple of country in the g20 for a global wealth tax. which would be anti-american since we have most billionaires in wealth, then there is another gem, that biden treasury, yellen, wants to double the capital gains tax on grounds of racial equity. they will give us about a 45% capital gains tax rate. i remember the good old days with george w. bush it was dropped to 15%, 45% on grounds of racial equity, what about jobs and unemployment and, opportunities. scott hodge, do we have to have a global wealth tax and double capital gains tack on racial grounds. >> they are success taxes. this is an assault on people who are successful, who create the jobs, who invest in companies, who create wealth, in both in united states and globalez. the person who is behind the global we'l wealth tax the same person who designed elizabeth warren's wealth tax at the eu tax observer to, that the eu equivalent of congressional budget office run among amuck. they created this idea of
old cpi, we would have a higher cpi, scott hodge, a couple additional turkeys for utreasury secretary yellen, is throwing in with a couple of country in the g20 for a global wealth tax. which would be anti-american since we have most billionaires in wealth, then there is another gem, that biden treasury, yellen, wants to double the capital gains tax on grounds of racial equity. they will give us about a 45% capital gains tax rate. i remember the good old days with george w. bush it was dropped...
0
0.0
Apr 12, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
i think that rate hike, i think president trump always felt like janet yellen bees partisan at the fed and one reason not to reappoint her and in retrospect, she probably was. what the fed should do is ignore politics and look at data. if you do that, hike, not cut and really nothing i can see in the data that would lead to rate reductions unless something like a black swan event like middle east cot way, way worse and it turned into a really hot war between israel and iran or something. if that were to happen, markets would drop 20, 30% and then the fed probably would start cutting rates. i think big black swan seventh out of control on the upside and larry summers is right about that . larry: kevin, the other point and last point i want to make is seeing a tremendous rate of government spending. harry: you're running a trillion dollar deficit. okay .x it's not lower revenues, it's higher spending. we can hit $2 trillion again. from a president wanting to the fed to drop rates, he's causing inflationary pressures. all the way to 38 trillion and that big ibram increase in debt. leads t
i think that rate hike, i think president trump always felt like janet yellen bees partisan at the fed and one reason not to reappoint her and in retrospect, she probably was. what the fed should do is ignore politics and look at data. if you do that, hike, not cut and really nothing i can see in the data that would lead to rate reductions unless something like a black swan event like middle east cot way, way worse and it turned into a really hot war between israel and iran or something. if...
0
0.0
Apr 29, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
treasury secretary janet yellen is apparently throwing in with a couple of countries in the g20 for a global wealth tax at this would be very anti-american sips we have the most billionaires and wealth. then there is this other gem, the biden treasury once again, yellen, wants to double the capital gains tax on grounds of racial equity. so they're going to give us about a 45% capital-gains tax rate. i remember the good ol' days with george w. bush, when it was dropped down to 15%. 45% on ground the of racial equity. what about jobs and unemployment and business opportunities, scott hodge? do we have to have a global wealth tax? do we have to double the capital gains tax on racial grounds? >> these are success taxes plain and simple. these are an assault on people who are successful, create jobs and companies and wealth in the united states and globally. the person behind the global wealth tax, is gabriel zuckman, same person who designed elizabeth warren's wealth tax, what is called the eu tax observatory, which is eu equivalent of the congressional budget office run amok, chasing dow
treasury secretary janet yellen is apparently throwing in with a couple of countries in the g20 for a global wealth tax at this would be very anti-american sips we have the most billionaires and wealth. then there is this other gem, the biden treasury once again, yellen, wants to double the capital gains tax on grounds of racial equity. so they're going to give us about a 45% capital-gains tax rate. i remember the good ol' days with george w. bush, when it was dropped down to 15%. 45% on ground...
0
0.0
Apr 24, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
under graduate is stunning, the way ton to think about it failure of biden administration and janet yellen. the job ofez fro treasury secretary to pick up phone and talks to people when things like this are happening and say, you need to support your currency, they have failed to do that just like everything other than send their top justice department people to work for alvin bragg. >> naughty good work. japan has mer near zero interest rates, that is part of the story our rates are higher. i think that japan is getting -- they are our friend, they are our ally. but they are getting away with it you have cheap exports that will come back to hurt. i don't think that china is clean either in this. china always knows, china does like to manipulate its currency we know that from our experience in government and dealing with the chinese, you have maybe not quite as bad as yen but yuan has fallen quite a lot from 164 to about 174. i am sorry from 640 to about 740. if i get my numbers right. what happens there. chinese don't listen to anything. >> well one thing that is going on, i called my fri
under graduate is stunning, the way ton to think about it failure of biden administration and janet yellen. the job ofez fro treasury secretary to pick up phone and talks to people when things like this are happening and say, you need to support your currency, they have failed to do that just like everything other than send their top justice department people to work for alvin bragg. >> naughty good work. japan has mer near zero interest rates, that is part of the story our rates are...
0
0.0
Apr 11, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
he reminded us, larry lindsay, that janet yellen, a poor treasury secretary, but a good me fed chair, she tightened raised fed funds rate after the election in 2016, the fed meeting was in december she raised fed funds target, i think a couple more times in 2017, because inflation -- i am suggesting brian brenberg, that j. powell is reading that playbook, that there is -- not only will there be no rate cuts, but they may have to raise rates after the election. >> let me say. >> long shot maybe. >> this is watershed moment, you go one of two ways, if you do that, that tells you that fed may be reestablishing real independence. you make a good case if he cuts, no mistake right now given the data, you have a hopelessly politicized fed. one is a great move. and one is terrible. larry: and potential well -- worse and worse inflation story. that would be a repeat of the 1970s. then you would see will do are crashing, gold is up -- dollar crashing and you can't do it, how could a smart investor like you suggest they will cut rates, i don't understand. >> i am being realistic. itelling you wh
he reminded us, larry lindsay, that janet yellen, a poor treasury secretary, but a good me fed chair, she tightened raised fed funds rate after the election in 2016, the fed meeting was in december she raised fed funds target, i think a couple more times in 2017, because inflation -- i am suggesting brian brenberg, that j. powell is reading that playbook, that there is -- not only will there be no rate cuts, but they may have to raise rates after the election. >> let me say. >> long...
0
0.0
Apr 18, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
national security a adviser says -- and janet yellen and says same thing. we'll putting sanctions down on iran. they have some paper sanctions on. i don't know steel is latest one. iran not known for steel making. not once since they loosened sanctions senator not once have they gone after iranian oil exports. which have gone from 900 thousand production from 900 thousand barrels a day to 3.5 million. as ud you may know virtually all china, china is importing 1.5 million barrels a day from iran, china is financing iran a's war of terrorism against israel, russia too. the bidens would rather keep price of gasoline down then help protect israel independence. >> we have two wars happening right now, one with russia. with ukraine. and there is oil involved in, that but china is bailing them out because china is buying their oil, we could not put the sanctions. on other hand, iran we made them rich. we have not been able to block the sale of iranian oil, and we're buying it, joe biden speaks out of both sides of his mouth, he better back israel, he won't last to
national security a adviser says -- and janet yellen and says same thing. we'll putting sanctions down on iran. they have some paper sanctions on. i don't know steel is latest one. iran not known for steel making. not once since they loosened sanctions senator not once have they gone after iranian oil exports. which have gone from 900 thousand production from 900 thousand barrels a day to 3.5 million. as ud you may know virtually all china, china is importing 1.5 million barrels a day from...
0
0.0
Apr 30, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
so economics -- biden-nomics, ad janet yellen treasury department points out white families disproportionately hold assets. yes, we know that, but we also know during the trump years hispanic and black businesses prospered. unemployment rates fell to record lows. poverty declined significantly and inequality dropped for the first time in nearly four decades. in other words, lower taxes led to widespread prosperity, had nothing to do with class warfare, rich versus poor, or the color of your skin or any of these nutty policies coming out of the current administration. you know, taxing success will bring you less success. taxing prosperity will bring you, wait for it, less prosperity for everyone, regardless of color. taxing white people will not help minorities. a falling tide will instead sink everyone. in race-based tax policy is utter insane but wait, wait, wait, there's more, the bidens would love to confiscate wealth by taxing unrealized capital gains. that would be economic suicide, probably unconstitutional, but hang on, there is still more. the bidens want to throw in with the g20 count
so economics -- biden-nomics, ad janet yellen treasury department points out white families disproportionately hold assets. yes, we know that, but we also know during the trump years hispanic and black businesses prospered. unemployment rates fell to record lows. poverty declined significantly and inequality dropped for the first time in nearly four decades. in other words, lower taxes led to widespread prosperity, had nothing to do with class warfare, rich versus poor, or the color of your...
0
0.0
Apr 23, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
think the way to think about it, it is a failure of the biden administration and specifically janet yellen at treasury. the job of the treasury secretary is to pick up the phone and talk to people when things like this are happening, hey, you need to support your currency, it is getting out of line with fundamentals. they have utterly failed do that, and on everything but send their top justice department people to work for alvin bragg. larry: japan has zero interest rates that is part of the story. our interest rates are much higher. that is part of the story. japan is -- they're our friend, they are our ally they're getting away with it with cheap exports. that will come back to hurt it. >> yeah. larry: i don't think china is clean either in this, okay? i think china always knows, china does like to manipulate its currency. we know that from our experience in the government in dealing with the chinese. so you have got, it is maybe not quite as bad as the yen but the yuan has fallen quite a lot. i think as i said from 1.64 to 1.74. i'm sorry from 640, to about 740, if i get my numbers rig
think the way to think about it, it is a failure of the biden administration and specifically janet yellen at treasury. the job of the treasury secretary is to pick up the phone and talk to people when things like this are happening, hey, you need to support your currency, it is getting out of line with fundamentals. they have utterly failed do that, and on everything but send their top justice department people to work for alvin bragg. larry: japan has zero interest rates that is part of the...
0
0.0
Apr 18, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
national security advisor comes out and they say, and janet yellen comes out and says the same thing, jake sullivan says it, we're putting sanctions down on iran, and they have some paper sanctions on steel, is the latest one i saw. iran, not known for its steel-making. not one since they loosened the sanctions, senator, not once after they have gone after iranian oil exports which have gone from 900,000, 900,000 barrels a day to 3 1/2 million barrels a day and as you probably know, it is all china, virtually all of it is china. china is importing 1 1/2 million barrels a day from iran. china is financing iran's war of terrorism against israel, okay? russia is too, but i'm focused on the bidens would rather keep the price of gasoline down then they would help protect israel's independence. what do you make of that? >> you're exactly right. we have two wars going on right now, larry, one with russia. one with ukraine. that is all involved in that. china is bailing them out. we have 40,000 sanctions on russia, not one of them have worked. on the other hand iran we made them rich because
national security advisor comes out and they say, and janet yellen comes out and says the same thing, jake sullivan says it, we're putting sanctions down on iran, and they have some paper sanctions on steel, is the latest one i saw. iran, not known for its steel-making. not one since they loosened the sanctions, senator, not once after they have gone after iranian oil exports which have gone from 900,000, 900,000 barrels a day to 3 1/2 million barrels a day and as you probably know, it is all...
0
0.0
Apr 11, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
he reminded us, larry lindsey, give him full credit, janet yellen who has been a poor treasury secretary but a pretty good fed chair, she tightened, raised the fed funds rate right after the election in 2016. in fact the fed meeting was in december and she raised the fed funds target. i think she raised it a couple more times in 2017 because inflation pressures were going. i'm suggesting, brian brenberg, i will start with you, that jay powell is reading that playbook, okay? that, not only will there be no rate cuts but they may have to raise rates once or twice after the election? >> let me say this. larry: long shot maybe but -- >> that would be, this is sort of a watershed moment right now. you will go one of two-ways. if you do that, what it tells you is the fed may be re-establishing real independence. if he reads that playbook. larry: yes. >> but you make a good case. if he cuts, no mistake, right now, given the data that means you've got a hopelessly politicized fed. larry: right. >> one is a great move and one is terrible. larry: and you have potentially worse and worse inflation
he reminded us, larry lindsey, give him full credit, janet yellen who has been a poor treasury secretary but a pretty good fed chair, she tightened, raised the fed funds rate right after the election in 2016. in fact the fed meeting was in december and she raised the fed funds target. i think she raised it a couple more times in 2017 because inflation pressures were going. i'm suggesting, brian brenberg, i will start with you, that jay powell is reading that playbook, okay? that, not only will...