(2010/07/29) Reverse Robin Hood Republicans (Economics)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 29 July 2010
⏱️ 73 minutes
🧾️ Download transcript
Summary
Edition #390
Reverse Robin Hood Republicans
Act 1: GOP on raising retirement age, cut benefits - Young Turks
Song 1: Home - Edward Sharpe and The Magnetic Zeros
Act 2: Barney Frank on financial reform - Chris Priest
Song 2: Lawless Flawless - Chris Priest
Act 3: GOP plan for the deficit - Rachel Maddow
Song 3: If you close the door - Adam Bork
Act 4: The Magnetar Trade story Part 1 - Pro Publica
Song 4: One - Apocalyptica
Act 5: Largest ever tax hike - Media Matters Minute
Song 5: One - Apocalyptica
Act 6: The Magnetar Trade story Part 2 - Pro Publica
Song 6: Wild world - Cat Stevens
Act 7: Unemployed are lazy drug addicts - Young Turks
Song 7: The sound of settling - Death Cab For Cutie
Act 8: Military spending - Rachel Maddow
Bonus iPhone/iPod Touch App Content:
Economic Fun Fair - Mark Fiore
Produced by:
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Transcript
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| 0:00.0 | This program is made possible entirely by you, the listeners, and I really could use your |
| 0:03.6 | help for all the ways to support the show, including sign up for a membership, check out the |
| 0:07.6 | support box at BestOfTheLeft.com. |
| 0:09.9 | Now, welcome to the award-winning BestOfTheLeft podcast, with clips today from The Young Turks, |
| 0:14.1 | an exclusive interview with Barney Frank by our friend Chris Priest. |
| 0:18.1 | The Rachel Maddo Show, the ProPublica podcast, and the Media Matters Minute with a bonus video clip |
| 0:22.8 | for our iPhone app users from MarkFurray.com. |
| 0:30.0 | So this is John Bainer, and he's going to tell you what he really thinks you should do, which is |
| 0:36.4 | not retired. And he's going to be very honest about what he wants to spend the money on instead. |
| 0:41.5 | So you want to see Republican priorities? This is their leader in the House, the number one guy |
| 0:46.7 | in the House for the Republicans. Go ahead. |
| 1:00.3 | 20 years are not affecting anyone close to retirement, and eventually getting the retirement |
| 1:05.1 | age to 70 is a step that needs to be taken. I think, secondly, instead of using the wage inflator, |
| 1:18.3 | that increases in such a good way, I'll be based on the consumer price index. |
| 1:22.9 | I think it's more accurate reflection. Over time it will have a significant impact on the |
| 1:29.1 | actual where it will sound. And thirdly, I think we need to look at the American people |
| 1:38.0 | and explain to them that we're broke. And if you have substantial, non-so security income while |
| 1:46.6 | you're retired, why are we paying the title of a broke standard means test? I just think it's |
| 1:58.6 | the answer. All right, why are we paying you? Well, because we paid into the system, you're not |
| 2:06.6 | doing me a favor. We've all been paying into social security our whole lives. It's our money. |
| 2:13.2 | You see, they make final word entitlement. You know why that word exists? It's because we are |
| 2:18.8 | entitled to that money because we paid that money. It's just coming back to us. You don't just |
... |
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