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Ted Turner: Murdoch will ‘have to step down’ over hacking
Speaking with Bloomberg TV in New York City, CNN founder and media mogul Ted Turner said that News Corp. CEO Rupert Murdoch will “have to step down” over the phone hacking scandals that have engulfed his company. “He hasn’t survived anything like this, so far,” Turner said. “This is serious.…
Tea party Rep.: Only $400,000 left after ‘I feed my family’
Tea party Rep. John Fleming (R-LA) used himself as an example Monday while arguing against President Barack Obama’s plan to make sure millionaires pay about the same tax rate as the people that work for them. “In my own case, I own LLCs,” Fleming told MSNBC’s Chris Jansing. “The income…
Paul Ryan accuses Obama of ‘class warfare’ over millionaire tax
A top House Republican said Sunday that President Barack Obama was engaging “class warfare” with a proposal to tax millionaires at a higher rate. The so-called “Buffet rule” would make sure millionaires pay about the same tax rate as the employees that work for them. It’s named after billionaire Warren…
Bernie Sanders on U.S. economy: It’s a horror show
Senator Bernie Sanders (I-VT) appeared Wednesday on MSNBC to discuss the U.S. Census Bureau’s annual report on poverty, where he described the report as a “horror show.” The report found that 46.2 million Americans were living in poverty, the highest amount since the Census began recording the statistic 52 years…
Ron Paul: Africa has famines because they aren’t capitalists
Republican presidential candidate Ron Paul explained Wednesday that famines in Africa were a result of a lack of a “free market systems.” “All I know is if you look at history and if you compare good medical care and you compare famine, the countries that are more socialistic have more…
Romney, Perry exchange blows over Social Security reform
Mitt Romney and Rick Perry clashed over Social Security at the CNN/Tea Party Republican debate on Monday night. Romney pointed out that in his book, Fed Up, Perry called Social Security an “unconstitutional” program and a total failure. “If what you’re trying to say is that back in the ’30s…
Economist Robert Reich explains ‘big lies’ about the economy
Former U.S. Labor Secretary and University of California at Berkeley professor Robert Reich gave the keynote speech at the “Summit for a Fair Economy” held in Minneapolis on Saturday. He discussed the big lies about the economy and what could be done to make the economy work for everyone. Watch…
Watch Obama’s jobs speech in 35 seconds
Buzzfeed’s Dorsey Shaw distilled President Barack Obama’s Thursday night jobs speech down to 35 seconds. Watch the president’s entire speech to a joint session of Congress here. Watch this video from Buzzfeed, broadcast Sept. 9, 2011.…
Ron Paul: Abolish minimum wage to ‘help poor people’
Republican presidential candidate Ron Paul believes that poor Americans would “absolutely” be better off if the minimum wage was eliminated. “Do you advocate getting rid of the minimum wage, would that create more jobs?” Politico’s John Harris asked Paul during Wednesday’s Republican presidential debate. “Absolutely,” Paul declared. “It would help…
Robert Reich tears down Mitt Romney’s ‘job machine’
University of California professor Robert Reich appeared Tuesday night on MSNBC’s The Last Word to discuss Republican presidential candidate Mitt Romney’s job plan. The 59-point plan calls for tax cuts, cuts in the federal workforce and rollbacks in environmental, health and banking rules. Romney called his plan, “A job machine.”…
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