bad as this looks we really should be expected anything less from
bill number howie reacted when that guy screwed up is prompter and and this has
been beeped right
no I'm I can't call right now we'll do it live
RK imagine that bully coming after you asbury
very ugly amazing I Adam on a panic there tho
you know every preview this clip cuz I know what's common
I thats all bad probably everybody america's
I Bay Bill O'Reilly now in the middle of another
controversy about his making stuff up I in fact there's a great
graphic covered over a Democratic Underground right now it's a right at
the top of the page
the all really factor and says
a couple weeks ago Bill O'Reilly trash Brian Williams for making up a story
about being in the military helicopter was shot down a rally strongly
criticized Williams for distorting backs
and deceiving viewers yet in his book killing Kennedy
oreilly wrote that he was once waiting outside a CIA assets home in Palm Beach
Florida
when the ass out asset this is george marshall the guy mention earlier
shot himself inside O'Reilly wrote the heard the shotgun blast
which is unfortunate because an audio tape exists a bar while a call in an
investigator that day and telling in the news
up to mourn child's death and assets death from Dallas Texas trumpeter miles
away from where the suicide took place
hoops yup
the ice I saw this story a couple days ago
be was yesterday in the on the BBC and I
I senate my cue to print out and fact I think it's it's
it was part of my stacked the last day or two that I never got to but do you
see how in saudi arabia
when are we gonna figure this out
that Saudi Arabia is the source a blob is a min Salafism
and this this hardcore
hard white militant authoritarian speaking or John Dean was just talking
about
strain %uh Islam that they are
evangelize in the world with
with
millions 110 today hundreds of millions of dollars probably billions of dollars
spent two creatures set up these these while hobbyists but Ross is all over the
world
and this is our ally our principal ally in the Middle East
at least on the Arab side to me at that site is real
and it here's you know every Friday they have public
be heading ends in saudi arabia water ices got the idea from
and
now that they apparently this Friday they're gonna day be had this guy is in
his twenties
because he posted a video online a bit on
on youtube or some other online source up himself wrapping up a karan and and
and beating the shredded holy book with the shoe
this guy is scheduled to have his head chopped off
you may not do that in saudi arabia
in fact you may not in Salt the religion may not insult the Prophet and if you're
female you can even go out
doors without been covered without having a man with you it's amazing
its absolutely amazing another really interesting this is the stuff that
that doesn't much get reported on that I find absolutely fascinating
the Roosevelt Institute just published
a a study called disgorging the cash the disconnection between Cooper borrowing
and investment in my book rebooting the American dream
I I will
X %uh into its its good chunk one of the chapters
about how in the nineteen eighties
the reagan administration completely changed the relationship between
stockholders
CEO's and corporations and their community
their employees and their customers
I totally changed after
two hundred years existing core perform and it was the result up some serious
push
by very very wealthy people
who wanted to be able to extract more cash out a corporation's
so E the sales pitch when something like this
in in nineteen eighty it was a corporation could only pay their CEOs
and senior executives
with dollars with K
that cash was considered salary which means it was taxed at at that time
atop a rate of 74 percent and that salary
up to a you know that was it
there was no other way to get money out of the corporation for the CEO
that the IRS would approve of and so they changed the rules
so the CEO's could be compensated was stock now
prior to that and I'm
I'm telling you this is this is something that has destroyed this
country
and it is destroying capitalism all over the world is a number of other countries
changed
their rules after we did this is all part of reaganism fate thatcherism
it used to be if you're the CEO of a company
you had multiple constituencies you had to be concerned about
you had to be concerned with the community in which er
your beer factory or your business is located he had actually respond to the
community
our communities you had to respond to the needs of your employees
it atm that you had to respond to the needs of your customers
you had to respond to the needs are the corporation
itself corporations are institutions and some other corporations today have been
around for well over a hundred years
you know it standard oil
for so which is now I believe
owned by Exxon Mobil but in any case the point is that
used to be that CEOs had dick pic be concerned with the institution itself or
the corporation these these
five groups for their constituencies when
when CEOs started getting paid was stock
the goal of this was too
goes to try to in to want to inflate the value of stock
right and surprise surprise this was pushed by wealthy people who have lost
their best what's in stock
and and it happened
over the last 35 years one of the major
dimensions of reaganomics is been the corporate CEO's no longer give a rats
ass about the corporation
they can break it up they could sell it they can I mean that's what Mitt Romney
does for a living
by corporations and essentially destroyed and squeezing all the cash I
didn't you can
so they no longer care about the corporation they no longer care about
the customers
tell the customer survey which is wine flair stock value
and so you get things like you know Comcast showing his wild
profit when it's one of the most poorly rated terms a customer service
corporations
in is certainly in the internet field in the United States
and the TV field so they no longer care about their customers
they no longer care about their employees and for 35 years they haven't
employees
pay has been flat for 35 years but they do care about jacking up the value of
the stock
because that's other paid and by be by being paid in stock
they get to
capital gains tax maximum 15 or 20 percent income tax rather than 39
percent
and it can be huge
i mean you know it the the fat in 1988
if a CEO took more than a million dollars it was beyond that was not
deductible to the corporation
now it's two million dollars but beyond two million dollars and pay
not deductible that dot tax-deductible to corporations typically only pay their
CEOs
one or two million dollars and then they'll give them
fifty million dollars for the stock because there's no limit on that it's
entirely deductible to the corporation
and when the CEO turns that stock it so anyhow here's the this study from the
roosevelt is to point it out
that bob's rigid during the Great Recession of 2008-2009 the US experience
a severe financial crisis involving record numbers a bank failures
insolvency major institutions
the season of their bank credit markets and steep falls the value many class a
financial assets
over the same period and subsequently there was a major drop in business
investment
it's become natural to think these 25 phenomena are related
and wondrous striking anomaly despite the run-up corporate borrowing during
the boom a
and the collapse in borrowing during the recession nap
flow of funds from financial markets the corporate sector was no higher before
the crisis than
after know what's going on here is that the stockholders including CEOs
have figured out a way to continue to squeeze money out his corporations
even as their devastating their communities near employees you're
listening to Tom Hartman
visit Tom Hartman dot com per Mario and video
archive the in other words being my commentary not the Roosevelt Institute
skudra commentary but you might want to read their their disgorging the cash
it's
Shockey news
and welcome back and is watching free speech TV in Salem West Virginia hey Can
Candice what's on your mind today hey high-crime
yeah I was just are are questioning as far as I what this country
is going as far as going green I am more confusion as I
as far as they're giving out more from it fracking for mesh of Louisiana coast
yellows are drilling and fracking yes yeah like it well
they did I saw special on that it was basically something effect where
fracking was not I appreciated on the lawn
so they're basically going to be going out off the Louisiana coast really
I got that one thing whatever low anyway also the Atlantic
I as far as Obama opening up he Atlantic
for exploration of oil I believe from the carolinas I'm down
right and I did vote for this I get both firms twice
should I I don't understand I'm I'm so disappointed I was going on
any didn't do a very good job for us a call