GLENN: You know what, look. Here's the amazing thing. I saw an interview with her today and she was like, what? I've already said Barack Obama will be a great candidate. He can win. He can win. I will win, but he can win, and I'm going to be right behind him if he's -- I bet you are. I'm going to be right behind him the whole time if he's the candidate.
I don't understand this. It's not like the guy is even Ted Kennedy. The guy is a Marxist. Oh, I'm sorry. I should -- I should clarify this. Please, somebody, explain to me how you're not a Marxist when you say things like capital gains. Capital gains tax has been shown time and time again. Even your opponent, Mr. Obama, has said that she won't raise the capital gains tax because it has been shown that it hurts revenue when you increase the capital gains tax. So it will actually hurt the revenue if you raise that. Will you still raise it? Answer? Let me get the exact answer. I love that. "I would look at raising the capital gains tax for the purpose of fairness." For the purpose of fairness? I'm sorry.
STU: I just didn't know that Barack Obama, he was always targeting his tax cuts and tax increases in favor of the wealthy because I'm sure he knows that 79% of people who pay capital gains have incomes under $100,000.
GLENN: Hold on just a second. Comrade!
STU: Yes, comrade. Good day today, isn't it?
GLENN: Well, kind of iffy. I mean, looks like Barack Obama, this thing is going to come down -- you know what's amazing, Stu? This thing is going to come down to a bar fight. That would be kind of fun to watch, wouldn't it? Just put the two of them in, just breaking bottles, pshhhh, come on, you want a piece of me!
STU: Yeah, you could pay per view it, pay down some of the national debt or start some new programs.
GLENN: Whoa, whoa.
STU: One of the two.
GLENN: Wait a minute. Why don't you charge the people who are not going to watch the pay per view bar fight.
STU: Yeah, people choosing to pay, what kind of system is that?
GLENN: You want to watch it, so you pay for it.
STU: That's ridiculous.
STU: And everyone pays the same price regardless of income?
GLENN: That's ridiculous. Why charge everybody $5.95? There are people watching it who can afford far more than $5.95. In the interest of fairness.
STU: Those people want to give that money.
GLENN: That's right.
STU: They want to give that money so other people can watch.
GLENN: They don't even need it. They don't want it.
STU: Oh, they hate money. They think it's icky. You know your parents used to tell you not to put your hands in your mouth after you hold money. This is the thing. It's gross.
GLENN: You know, here's the thing. Barack Obama is a damaged candidate. You know, I said, when was it, a year ago, I said if this guy is who he appears to be, you know, if there aren't actual skeletons in his closet, this guy can sweep. I don't think the guy can sweep anymore because there's too much out there that, wait, wait, wait, wait, can you just answer this question for me? Did you hear about him in the Waffle House? What was the question they asked him on the waffles? It was -- oh, oh, how is it you want to meet with Iran and Syria but you don't want to meet with Hamas because he blasted Jimmy Carter? He just looked at the reporter and said, can I eat my pancakes? I just want my pancakes. "Okay." He waits for a while, he's eating the pancakes. "Okay. Can you tell me how it is -- " "Can I just eat my pancakes!" "Yes, sir." And then when he finished the pancakes, he gave extra pancakes to people who couldn't afford pancakes because he clearly didn't want all those pancakes. He didn't need all those pancakes. He practically hates pancakes. So he paid $700 for his stack of pancakes. He got one. And then he gave the other pancakes to those who really don't appreciate pancakes. They used to when they had to work for pancakes but now they're like, pancakes, you can get pancakes any place. I like that when they come into the pancake house and they're like, pancakes, free pancakes again? Can't I have anything else but free pancakes? Hello!
Meanwhile Barack Obama is there at the pancake counter going, how much are the pancakes? I just had one. $750 for one pancake? Jeez, pancakes, could I get a steak with the pancake! I'm sorry. I guess maybe it's Tax Freedom Day and maybe that's what it is that's setting me off. Tax Freedom Day. This is the day where you are free to now pay for food and gas. You've worked since the beginning of January. If you are the average person, you have worked since the beginning of January until today to be able to pay for taxes. I believe why this is really hacking you off -- Stu, why is this hacking you off? Why does Tax Freedom Day hack you off?
STU: Well, because you have to work for four months to earn any money at all. And then, of course, when you have that money, you spend it on other things that are taxed.
STU: Or you save it and then your gains will be taxed. You know, there's a lot of different irritants.
GLENN: Dan, why are you kind of hacked off at tax day, Tax Freedom Day?
DAN: I just, same reason as Stu, exactly the same.
GLENN: So just, you know, just the fact that it's after actual tax day, you know, it falls after actual tax day. I think we should sink the two and watch it move but here's why it really hacks me off. If you know who pays taxes and how the taxes are actually paid, you'll know that 50%. This is a lie to, what, 48% of the population? So when they say the average person, no, no, not the average person. Because the average person, 48% doesn't pay any taxes. They don't pay any tax -- I'm sorry, except for the food tax, sales tax, gas tax, you know, all of the other taxes that you pay, on everything you buy. Except for those taxes, 48% don't pay it. It's Tax Freedom Day for a lot of people, but I bet you it's not tax -- well, I know it's not Tax Freedom Day for you, Stu, it's not Tax Freedom Day for you, Dan. It's probably not Tax Freedom Day for anybody who works for me, not Tax Freedom Day. I get the extra added benefit of celebrating Tax Freedom Day and Christmas on the same day, which is very, very nice.
STU: You have to take into account, too, what is it? Something in the neighborhood of, you know, 30, 40% actually would have their Tax Freedom Day before January 1st because they are actually getting money back.
GLENN: You get money.
STU: So you are actually in a way profiting from the government, as bad as that is.
GLENN: And that goes back to this basic idea of fairness. He wants to take money not because it's revenue. This is Marxism. I've never heard a candidate that had a chance actually espouse Marxism but that's what this guy is doing. He will not cut the capital gains or leave the capital gains where it is even though it will hurt the economy, even though it will hurt the federal tax revenues, he won't do it because of fairness. If there isn't something, oh, I don't know, communist Russia about that, I don't know where there is. I think this guy is damaged goods for the fact that his -- he's exposing himself to enough people. You know, this guy has not been vetted. Even the media. Did anybody see the media last night? They were doing everything that -- I would flip over to Charlie Rose for, like, 10 seconds. I was trying to get to sleep, and I flip over to Charlie Rose and he's got some boring suit and it's like, oh, my gosh. I couldn't find anybody more boring than Charlie Rose, but they found him. Oh, what a surprise, it's on PBS. My tax dollars paying for him!
So anyway, this guy gets on and he's like, well, you know, I just think Barack Obama, he's just an exciting candidate and, you know, there's just a lot to be said for Barack Obama and, you know, people just, they're interested in change. Well, good, because that's all you'll have in your wallet, change. I think this guy, because of his relationships with people that are not in the mainstream by any stretch of the imagination, the fact that he is the most liberal in congress, I think the Democrats are going to do it to themselves again. I think the Democrats are going to lose against John McCain. That's amazing.