‘We Don’t Have Capitalism’: Glenn Beck, Richard Duncan and Art Laffer Break Down The Economic Crisis
- Posted on July 17, 2012 at 9:28pm by Mytheos Holt
Glenn Beck hosted an unusual show on Tuesday night, devoting large segments of the program not to personal sermonizing, but instead to hearing from two different experts with very different takes on the economy. Those two experts were economists Art Laffer and Richard Duncan, who managed to both take a very pessimistic view of where the economy currently is, while also offering diametrically opposed suggestions for how to improve it.
Broadly speaking, Duncan approached the issue from the Left, while Laffer approached it from the Right. However, those two descriptions don’t actually do the full clash of ideologies justice. Duncan argued that the choice of options for the United States government was threefold, and that policymakers could either 1) Revert to a balanced budget, which would contract the economy all the way into a depression, 2) Keep spending at the current rates and go bankrupt and hit a recession in 5-10 years, or 3) Keep spending at current rates, but use the money to invest in up-and-coming technology, rather than to pay off cronies or create shovel-ready jobs. Duncan favored the third approach, as you’ll see in the following video:
July 17, 2012 | Categories: 2012 Election, Class Warfare, Cloward and Piven Strategy, Corruption, Corruption in Government, Deficit, Economic Terrorism, Elections Politics, Employer Uncertainty, Excessive Government Spending, Government, Government Regulations, Jobs, Liberal Scare Tactics, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, National Debt, New Media News, Politically Intentioned Crisis, Politics, POTUS Deception, POTUS Elibility Issue, Progressives pushing for Marxism/Socialism, Propaganda, Public Sector (Government), Radical Liberal Progressive Left, Redistribution of Wealth, Tea Party Conservatives, TEA Taxed Enough Already, The Economy, Unemployment, Unfunded Union Pensions, UNIONS ACORN and SEIU | Tags: Americans reject Socialism, Art Laffer, break down, Business, capitalism, Communism, Culture of Corruption, current-events, economic crisis, economy, Election 2012, Free Markets, glenn beck, Marxism, Marxists in the White House, National Debt, no Capitalism with Obama, obama administration, politics, Richard Duncan, socialism | Leave A Comment »
July 17, 2012
It’s been one year since a federal court ordered the Transportation Security Administration to open up its new body scanner system to a process that includes taking comments from the public and justifying the policy, yet the TSA has not yet followed through with the order yet.
Because the agency hasn’t complied, the Electronic Privacy Information Center (EPIC) organization plans to file a motion with the U.S. Court of Appeals for the D.C. Circuit on Tuesday to ask the court to enforce it.
Ginger McCall, a director at EPIC, confirmed to The Daily Caller on Monday that the group is planning to file the motion Tuesday about the failure of TSA to comply with the court’s notice-and-comment rulemaking order.
July 17, 2012 | Categories: 2012 Election, America's Freedoms, America's National Security, Congress, Constitution, Constitutional Responsibilities, Constitutional Rights, Consumer Issues, Corruption, Corruption in Government, Deficit, Due Process of Law, Economic Security, Election 2012, Elections Politics, Electorate, Government, Government Appointments, GSE, Illegal Election Funding, Illegal Searches, Liberal Scare Tactics, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, Most Americans Reject Socialism, National Debt, National Security, New Media News, Politically Intentioned Crisis, Politics, POTUS Deception, POTUS Elibility Issue, Privacy for Citizens, Progressives pushing for Marxism/Socialism, Radical Liberal Progressive Left, Undermining Constitution, UNION Corruption, UNIONS ACORN and SEIU, United States Court System, War on Terror | Tags: administration supervisor, Americans reject Socialism, aviation, big government, body scanners, corruption, Culture of Corruption, Daily Caller, EPIC, federal court, Ginger McCall, julie jacobson, Marxists in the White House, mccarran international airport, public discussion, transportation, transportation security administration, TSA | 1 Comment »