Obama raises the roof...and taxes

GLENN: Hello, you sick twisted freak, welcome to it. The next President of the United States is going to be Barack Obama and our new national anthem is... I think, I'm just guessing is -- I mean, why not. Let's be honest. This is a kick-butt national anthem. I like it better than ours. I don't know what the words mean, but -- and don't send them to me because I'm not going to open e-mail. But -- no, I'm not. No, I'm getting yelled at that I should open up the -- I'm not. I don't want to know what the word -- look, you don't want to know what Barack Obama's policies are. I don't want to know what the words are of this cool national anthem. Sure, it's Soviet, sure, it's probably something about Lenin and, you know, great Stalin killing all the people in the middle of the -- you know. Anyway, I don't want to know it. I just like the way the music sounds, and isn't that all that's really important here? It's hope and change. I like that. This music makes me feel good. Why worry about the details of what the words mean?

Stephen Moore is with us. He's the chief editorial writer for the economic part. I don't even know. What is your title, Stephen?

MOORE: Hello, Glenn.

GLENN: How are you? I never know your title.

MOORE: I am the senior economics writer for the Wall Street Journal editorial part.

GLENN: That's way too complex.

MOORE: That's not important.

GLENN: Yeah, you write important stuff for the Wall Street Journal. I'll leave it at that. Because you yelled at me one time. Like the first time you were on, no you were like, no, no, no, that's not what I did. And I'm like, whatever. So you -- I just read an editorial that is -- when is this going to be printed in The Wall Street Journal?

MOORE: Well, we call it Obamanomics and it will be this week and basically we looked at the Obama economic program and it is -- you know, I describe it, Glenn, as the nanny state on steroids.

GLENN: He's really -- you know, I never thought I would pine for Hillary Clinton. I mean, seriously I'm thinking about putting a campaign sign in my front yard.

MOORE: I sent her $100.

GLENN: I mean, really. The listening audience, everybody should send her money.

MOORE: Well, you have it. He's going to -- you know, people say that Barack Obama is all style and no substance. That's not -- well, he's a lot of style, but the truth is he's telling us what he's going to do if he becomes President on the economy. He's going to raise taxes through the roof, especially if the evidence comes to over $200,000. Of course, those are the people Glenn who are the wealth producers and the job creators. Two thirds of the people, these rich people that he continues to say have to pay more taxes, those are the small businessmen in America. Those are the people who create the jobs.

GLENN: We have a -- hang on just a second. It's amazing to me that -- because I think we have a pretty big company and yet I'm told that I'm a small businessman. I'm not even a medium. I'm a very small businessman, and it amazes me. Because I don't know if Barack Obama, I don't know if he's going to get in, I don't know what's coming the next year, I probably have two new divisions that I would be doing right now. And Stu and I were just talking about it.

MOORE: Right.

GLENN: That if -- you know they are giving away all these tax rebates to people who never -- you know, they didn't pay taxes. If you would just say, hey, everybody gets 1% back of what you paid, if I got 1% of my taxes back, you cut me 1%, I would create jobs with that money.

MOORE: Yeah, but I've got some good news for you, Glenn. You are not going to have 1% back. You'll probably end up paying about 15% more and that's because the top income tax rate would go, under the Obama plan, from -- today it's about 35% to 40%. But then if you make over $100,000 which isn't, you know, a whole lot of money these days, he also gets rid of --

GLENN: Remember when $100,000 used to be something.

MOORE: Yeah, those were the good old days. He gets rid of the cap on the Social Security tax. Right now you pay Social Security tax on income up to $97,000. He would say get rid of that cap. So that's an additional 12% tax that you'd pay. So your marginal tax rate is going to go up to above 50%. We haven't seen tax rates like that in this country since the bad old days of the 1970s.

GLENN: Wait, wait. But in the bad old days of the 1970s and this is what drives me crazy. In the bad old days of the 1970s, we had all of those loopholes.

MOORE: Right.

GLENN: The rich never paid the tax.

MOORE: Well, that's the other interesting point. I listened to Obama last night and he did go -- I don't know if you listened to him, Glenn, but he went on and on and on and on and one of the things he keeps talking about is getting rid of the special interest groups in Washington. Well, I've lived in this town for 20 years. I'm all in favor of getting rid of the special interest groups but if you raise the tax rate up above 50%, you are going to see legions of special interest groups. You are going to create a new tax shelter industry in this town. I mean, the corporate K Street crowd is going to multiply four fold.

GLENN: So here's what you have. And let me just go through some of the highlights of your article that's coming out in The Wall Street Journal later this week.

MOORE: Yeah.

GLENN: Raise the highest income tax rate from 35% to 39.6

MOORE: Right.

GLENN: Repeal the income cap on Social Security payroll taxes. Americans pay 10.2 on Social Security tax on income up to 97,500 of income. They would also likely apply the payroll tax surcharge on all income more than $200,000. You say that this fundamentally changes what FDR did.

MOORE: It does because, you know, the original idea behind Social Security was, in fact -- this is amazing statistic. When FDR first instituted Social Security in 19, I believe it was 1936, the first tax was 1% on the employer, 1% on the employee on the first $4,000 of income. Today it's a 15% tax and it's on income up to $100,000 and Obama would just get rid of it. He would essentially transform Social Security, which is supposed to be an insurance program, a retirement pension program, into just a welfare program. And Lord knows we've got enough of those in Washington.

GLENN: Okay. Now, you also say, so the combination here would raise the highest marginal tax rate on wage and salary income in the U.S. to 52%. That's 39.6 income tax, 2.5 Medicare. Do you think that's going to sit there? 10.2 Social Security tax. For those living in high income tax areas such as California, New Jersey, New York, the combined tax increase could rise to nearly 60%.

MOORE: Right. And the real problem there, Glenn, I mean, that's a scary number. What makes it doubly scary is that all over the world other countries are cutting their taxes. I mean, there are now 20 countries in the world that have flat taxes of less than 25%. How will American companies and businesses going to be able to compete when they have tax burdens that are twice as high as the companies we're competing against.

GLENN: I just started reading Atlas Shrugged. Do you ever --

MOORE: I mean, my Bible is Atlas Shrugged.

GLENN: I just started reading it again. The first time I read it, I highlighted it. It's been probably ten years. I'm just going back and I'm reading the highlights. I've got to tell you, man, I'm looking for that place where we can all go.

MOORE: You can looking. Well, here is the amazing thing when you read that book. And by the way, I would urge all the listeners. It is a must read. If you never read Atlas Shrugged, it's probably one of the most important books ever written. What's so funny about that book is you know it was written, what, 50 years, Glenn? And she was parodying all these stupid laws that the politicians would enact but our politicians are enacting them.

GLENN: They are all there. They are all there. You know what's amazing? I read one page that I had highlighted and it was the Government saying, well, why would we help you -- or why would you want to develop your railroad there? We can't let you develop your railroad and put those lines there; we already have railroad lines for somebody else there. And the one politician looked at the other and said, this woman doesn't understand Progressive thinking; this isn't Progressive of you. And it's riddles with a slam on the Progressive movement, which I want to remind you Barack Obama and Hillary Clinton are Progressives. You want to understand who these people are, man, go back and look at what they did to the country around the turn of the century. They are the reason we fundamentally change from a free society to a, sliding into a socialist country.

MOORE: Yeah. I was listening to Barack Obama last night and he kept talking about all these wonderful things the Government is going to do for us. If you can't pay your credit card bill, the Government's going to help you. If you can't get health insurance, the Government's going to help you. If you can't get into college, the Government's going to help you. On and on and on. And I'm thinking, you know, it reminded me of what Ronald Reagan used to say, that the Government's big enough to give you everything you've got, is big enough to take everything you've got.

GLENN: Yeah. It will just be a slave state really. For a lot of people it will just be a slave state. They will take everything from the producers, they will take everything and give it to the nonproducers.

MOORE: One of the things that Obama has in his plan is something called patriotic corporations and so he divides the country into patriotic corporation and, quote, nonpatriotic corporation.

GLENN: So FDR. This is so FDR.

MOORE: I mean, who is going to decide who is a patriotic corporation? By the way, Glenn, I don't think your company's going to be labeled patriotic.

GLENN: No, I can guarantee it. And you know what's funny? They all say, oh, wrapping yourself in the flag, oh, the PATRIOT Act. Like if you vote against the PATRIOT Act, you are somehow not a patriot. He wants to make patriotic companies!

MOORE: Yeah. Well, this reminds me of Mussolini.

GLENN: Yeah, yeah. Now, so what he wants to do is say if you ship your people abroad, then you are not a patriotic company and you'll receive a higher tax. If you keep your people here and employ Americans, then you are a patriotic company.

MOORE: But you know what? Can I intervene and just say one thing?

GLENN: Yeah.

MOORE: If that's the philosophy -- and look, I don't like it when companies send jobs abroad. But if you want to facilitate companies moving jobs abroad, raise tax rates. If you raise tax rates, the companies are going to move abroad.

GLENN: Here's the idea. He says I'll make you a patriotic company. I'll lower your tax rate if you keep your people here. Moore right.

GLENN: If that works, why not just lower the tax rate.

Look for this in the upcoming Wall Street Journal in the editorial. Stephen Moore, thank you so much.

William "Bill" Kelly is 95-year-old World War II veteran from Oregon. He lived through the Great Depression.
He served in the South Pacific during World War II. And now he has just fought the coronavirus -- and won.

Bill joined Glenn Beck on the radio program Thursday to share his experience and a hopeful message about why the younger generations can overcome this crisis.

"I want to tell the people, it wasn't pleasant, but on the other hand, you know, if you do what you're supposed to do, and you have some loved ones around you, and do a lot of praying, why, you'll come through okay. We [American's] have been through a lot. We've been through Pearl Harbor. We've been through the Great Depression, and who knows what else. We're tough. We'll get through it. Hang in there," Bill said.

"You know, it's just -- it's in our American blood," he added. "We're that type of people. We take care of each other, and we are not going to break down. We're going to make it through, every time. Every time."

"There are people that don't think we are those people anymore. That it was the greatest generation -- your generation -- that did it, but now we're not the same people. Do you agree with that? Glenn asked.

"No," asserted Bill. "And the reason I say that is because I remember when I was a young kid, you know, and people, the older people, said 'all those young kids are soft' ... but when we were attacked at Pearl Harbor -- sneak attack, you know -- it's surprising how those so-called goofy kids turned into mighty fine fighting people. And they're very loyal. I have lots of faith in them ... no, I don't have any problems with this new generation. They'll take care of us. We're Americans."

Watch the video below to catch more of the conversation:

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Glenn gives the latest coronavirus numbers, updating YOU on everything needed to know as Americans and officials monitor China's new COVID-19 virus:

Daily Stats as of 5:30 AM CT (from John's Hopkins)

  • Total Confirmed Cases Worldwide: 950,638 (up from 872,891 Yesterday)
  • Total Deaths Worldwide: 48,289 (up from 43,271 Yesterday)
  • Total Confirmed Recovered Worldwide: 202,631 (up from 184,588 Yesterday)
  • 5% of Active Cases are considered serious (requiring hospitalization) Steady from 5% Yesterday, but down from 19% high back in February
  • Note that 12% of US Confirmed Cases require Hospitalization, roughly on par with Italy at 12% requiring hospitalization
  • US has 215,344 Confirmed Cases and 5,112 Deaths, up from 188,592 cases and 4,056 deaths yesterday
  • COVID-19 is now the 3rd leading cause of death in the US, behind Heart Disease and Cancer (based on daily fatalities per 1,000 people)
  • The United States of America now leads the world in total confirmed cases, with 115,000 more cases than Italy (although Italy leads the world in Deaths with 13,155 officially dead)
  • US is 25th in Total Confirmed Cases per 1 Million Population, with 651 cases per 1 Million people. Spain has 2,583 Cases per 1 Million people.
  • US is 23rd in Total Confirmed Dead per 1 Million Population, with 15 Dead per 1 Million citizens. Italy has 218 Dead per 1 Million.
  • US has 5,112 Dead vs 8,878 Recovered and 5,075 in Critical Condition
  • The US currently has 201,354 Active Cases of COVID-19, with still less than 1% of the total US population tested.
  • 17% of Americans who have been tested have been diagnosed with COVID-19
COVID-19 Now Killing Victims Who Don't Have COVID-19 https://nypost.com/2020/04/02/coronavirus-nyc-emts-stop-taking-cardiac-arrest-patients-to-hospitals/
  • EMTs in New York have been given a directive not to transport heart-attack victims to hospitals if they cannot be revived at the scene.
  • Prior cardiac arrest victims would have been transported to hospitals for further life-saving procedures, but with hospitals being overwhelmed with COVID-19 patients, heart attack victims are solely in the hands of local EMTs. If EMTs cannot restore a pulse at the scene, victims are to be left there to die.
  • "Artificial ventilation and/or compressions must not be delayed," the memo states, adding that chest "compressions must begin as soon as it is determined the patient does not have a pulse."
  • But the guidelines change if the patient cannot be revived before arriving at a hospital.
  • "In the event a resuscitation is terminated, and the body is in public view, the body can be left in the custody of the NYPD."
China Lied, People Died Trending on Social Media https://www.bloomberg.com/news/articles/2020-04-01/china-concealed-extent-of-virus-outbreak-u-s-intelligence-says
  • US Intelligence Services has concluded what the Internet has known since January: The Chinese Communist Party lied about total infected and total deaths due to Coronavirus.
  • Citing a report provided to the White House last week, officials confirmed that US Intelligence concludes 'gross' underreporting of total cases and total deaths, especially from Hubei Province.
  • Many have speculated that numbers coming out of China, Iran, North Korea, Russia and other totalitarian countries have been dramatically underreported, by as much as a factor of 10 according to official British Intelligence reports.
  • The early misrepresentation of data by the CCP may have lead some Western Politicians and epidemiologists to underestimate the seriousness of COVID-19 and delayed response in Italy, Spain, the UK and the US.
  • Though why anybody would have believed anything the Chinese Communist Party had to say remains an open question...
Italy's Death Toll Far Higher Than Reported https://www.msn.com/en-us/news/world/italys-coronavirus-death-toll-is-far-higher-than-reported/ar-BB122vvc
  • In the town of Coccaglio, an hour's drive east of here, the local nursing home lost over a third of its residents in March. None of the 24 people who died there were tested for the new coronavirus. Nor were the 38 people who died in another nursing home in the nearby town of Lodi.
  • These aren't isolated incidents. Italy's official death toll from the virus stands at 13,155, the most of any country in the world. But that number tells only part of the story because many people who die from the virus don't make it to the hospital and are never tested, therefore they aren't included in official numbers.
  • "They were all sick, they all had flu-like symptoms and difficulty breathing," stated a nurse from one of the nursing homes. "We had no ambulance to get them to Milan."
  • In the areas worst hit by the pandemic, Italy is undercounting thousands of deaths caused by the virus, a Wall Street Journal analysis shows, indicating that the pandemic's human toll may end up being much greater, and infections far more widespread, than official data indicate.
  • As stretched and sometimes overwhelmed hospitals fight to save their patients, many other people die unseen and uncounted, including elderly people in out-of-the-way locations.
  • In addition, the health-care crisis can lead to a surge of deaths from other causes that would normally be treatable.
  • "There are many more dead from the virus than are officially declared... People died and they were never tested because time and resources are limited," Eugenio Fossati, deputy mayor of Coccaglio, says of deaths caused by the virus.
More Numbers Hard to Trust as Bodies Left On The Streets in Ecuador https://www.scmp.com/news/world/americas/article/3078077/coronavirus-bodies-are-being-left-streets-ecuador
  • Coronavirus: bodies are being left on the streets in Ecuador.
  • 'They fall in front of hospitals or in back street alleys, or in small villages…no one wants to recover them,' says the mayor of Ecuador's largest city.
  • The army is placing unclaimed bodies in refrigerated cargo containers at the port while authorities pursue plans for a new cemetery.
  • The corpses have been overwhelming Guayaquil, a port city of 2.8 million at the epicenter of the coronavirus crisis in Ecuador.
  • Over the last few days, several were wrapped in plastic and left on the streets. Others have lain unclaimed in hospitals and clinics that have been overwhelmed by infections. The city morgue is full.
  • The majority of the dead are believed to be victims of the virus, but nobody can say for sure how many. There has been little testing.
  • The country has confirmed 2,700 infections and 93 deaths - 60 of them in Guayaquil and its immediate surroundings. But municipal officials there said they have recovered at least 400 bodies in the last 3 days.
  • Mayor Cynthia Viteri, who announced that she has also tested positive for the virus, said the national government should be responsible for collecting the corpses.
  • "They're leaving them in the villages, they are stacked in front of hospitals," she said in a Twitter video message to residents late last week.
  • Many local villages in Ecuador are simply burying the dead in unmarked graves, which will make official counting of COVID-19 victims impossible in the weeks ahead.
50% of Viral Spread Comes from People With No Symptoms https://www.cnn.com/2020/04/01/health/us-coronavirus-updates-wednesday/index.html
  • Researchers in Iceland have confirmed earlier reports from Hong Kong that a significant amount of viral spread is caused by carriers who have no symptoms.
  • In the US, Doctors at the CDC have confirmed asymptomatic spread, but estimate a number of about 25%.
  • If true, then the case for all persons to wear masks, even those who don't have symptoms, becomes much stronger.
  • To prevent further spread, the top infectious disease expert in the US says health officials are reconsidering guidance on face masks.
  • Dr. Anthony Fauci said he would "lean towards" recommending that the general public wear face masks "if we do not have the problem of taking away masks from the health care workers who need them. The public can stay home to avoid infection, but health care workers cannot," he said.
  • "We're not there yet, but I think we're close to coming to some determination," Fauci said.
Ship vs Train... Ship Wins https://abc7.com/usns-mercy-coronavirus-train-crash-derailment/6069395/
  • A Locomotive Engineer in Los Angeles has been charged with 1 Count of "Train Wrecking", a Class A Felony under Federal Law, after purposely derailing his freight train while attempting to sink the US Hospital ship Mercy.
  • Eduardo Moreno, 44, intended to hit the ship, saying he thought it was "suspicious" and did not believe "the ship is what they say it's for.'"
  • Moreno admitted to crashing the train intentionally but said he did not plan it out in advance. It is believed that he acted alone.
  • He allegedly made statements to a CHP officer that included "You only get this chance once. The whole world is watching. I had to. People don't know what's going on here. Now they will."
  • Officials say video from inside the train's cab shows Moreno holding a lighted flare during the incident.
Biggest Issue With COVID-19 in Malaysia: Nagging Wives https://www.npr.org/2020/04/01/825051317/dont-nag-your-husband-during-lock-down-malaysias-government-advises-women
  • Malaysia has the largest number of COVID-19 cases in Southeast Asia with more than 2,900 and counting.
  • This week, Malaysia's government also had a serious public relations issue after an ill-conceived plan went online.
  • Malaysia's Ministry for Women, Family and Community Development issued a series of online posters on Facebook and Instagram with the hashtag #WomenPreventCOVID19. It advised the nation's women to help with the country's partial lockdown by not nagging their husbands.
  • The ministry also advised women to refrain from being "sarcastic" if they asked for help with household chores.
  • Additionally, the Ministry urged women working from home to dress up and wear makeup.
  • After some negative response on social media, the public service messages have been removed from the Ministry's Facebook page.

MyPillow inventor and CEO Mike Lindell was lambasted by the left and mainstream media after he announced at a White House press briefing on Monday that his company will start making tens of thousands of masks to fight against the spread of coronavirus. Lindell also thanked God for President Donald Trump and encouraged Americans to turn back to God in this time of crisis.

Read the details here.

Whether it was his support for President Trump or strong religious beliefs, no one has lit up the media quite like Mike Lindell. He joined Glenn Beck on the radio program Monday to talk about the president, the 'horrible, crazy media' and how he's not afraid to keep speaking out about his faith.

"I think people are going to quit being brainwashed by this horrible, crazy media -- they know who they are -- and the public is going to see the amazing job that our president is doing," Lindell said. "I've done interview after interview today. I'm taking all the bad ones on -- I think I'm going on 'The View' tomorrow I love it. I want to go right into the hurricane. Finally, I get to speak out for Jesus like I want to."

Watch the video below to catch more of the conversation:

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News broke that German Finance Minister Thomas Schaefer reportedly committed suicide on Saturday due to the stress from the economic climate during the coronavirus crisis. Unfortunately, this headline may become more common place. Concerns are far beyond those of just hand washing, finding toilet paper and the latest White House briefings. There may be a secondary crisis growing — mental health and suicide.

Messages fill my inbox daily from parents worried about their teens showing signs of risk of suicidal ideation. Spouses concerned about the toil recent layoffs will have on their partners. Elderly family members are also vulnerable.

Last week, news a father of three dying by suicide made me want to scream to the world – "LISTEN!" We are losing too many of our human family. And I am afraid with COVID-19 on the scene, we are going to lose more than ever.

During the past six years — following the suicide of my 40-year-old sister — my mission has been to bring awareness and help prevent suicide. Everyone is exposed to suicide. You either struggle with depression/anxiety, you love someone that struggles, or like me, you have already lost someone to suicide. That is literally everyone on the planet. Bigger numbers than even the virus.

Little known fact. Springtime is a peak season for suicides. Even compared to the holidays.

Little known fact. Springtime is a peak season for suicides. Even compared to the holidays.

So, pile on the constant stream of news, stats about COVID-19 deaths and a lock down on social distancing, even the most emotionally skilled individual may be drowning in vulnerability and at risk.

What can be done?

Social distancing, not isolation

Even though we are standing 6ft apart in the grocery stores, and no longer going to church together, humans need connection to survive.

Free communication apps like Marco Polo are a great way to not hide behind a text. Whether it is on video chat or old fashion letter writing, making connection a priority is crucial for our survival.

Emotional check-in

The new normal seems to be changing by the hour. It is hard to keep up, recalibrating with all the change. Just like the importance of taking temperature to check for virus symptoms, we need to monitor our emotional temp. Try the one word check-in, at dinner time, simply by asking, "How am I feeling today?" It can be a great barometer.

Naming our feelings keep them tamed.

It's Ok to not be Ok

It is crucial to our survival to frame this crisis with a mental health back drop. Suicide, depression and anxiety concerns should be at the top of the STAY HOME and STAY SAFE list. If you find yourself feeling helpless or having thoughts of self-harm, please reach out for additional support. Therapists are using online formats to serve their clients. Call your doctor or one of the many 1-800 numbers.

No one is an extra, disposable member of our human family.

If you are reading this and struggling. Please remember, we will never be better without you. No one is an extra, disposable member of our human family. We will make it thru this COVID-19 crisis stronger and closer than before. No longer will we take hugging our neighbor for granted.

And maybe, just maybe we will someday find the vaccine that stops suicide virus from spreading.

Ganel-Lyn is a public speaker, media personality & author