| 00:00:06 |
Brawner, Greta Wodele - Host
JOINED BY STEVE FORBES, FORMER PRESIDENTIAL CANDIDATE. LET ME BEGIN WITH A HEADLINE IN "THE BALTIMORE SUN." "HOUSE SPEAKER BIDDER FACES HARD CHOICES....
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| 00:00:50 |
Forbes, Steve "Malcolm" - Editor-in-Chief
CAN GET, THE BETTER. IN TERMS OF WHERE THE REPUBLICANS SHOULD GO ON THIS IS FOCUS ON THE HEALTH-CARE BILL. THERE WAS $105 BILLION SLIPPED INTO THE THING...
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| 00:01:52 |
Forbes, Steve "Malcolm" - Editor-in-Chief
THE $105 BILLION FROM THE OBAMA-CARE BILL THAT WAS SWEPT IN, AND THAT WOULD BE A HUGE VICTORY. WE COULD LOOK AT THIS THING RATIONALLY, AND MOVES FORWARD...
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| 00:02:42 |
Forbes, Steve "Malcolm" - Editor-in-Chief
NOT GIVE GROUND ON THE $60 BILLION. THEY SHOULD ENCOMPASSED BAT WITH GETTING THE $105 BILLION APPROPRIATION OUT OF A HEALTHCARE BILL. IF THEY WIN ON...
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| 00:03:31 |
Brawner, Greta Wodele - Host
WORTH SHUTTING DOWN THE GOVERNMENT? GUEST: I THINK THE
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| 00:03:35 |
Forbes, Steve "Malcolm" - Editor-in-Chief
ONLY WAY YOU WILL GET ON THE TABLE IS BY BEING WILLING TO GO TO THE MATH ON THAT. IF THE DEMOCRATS REALIZE THIS IS WHERE WE ARE DRAWING THE LINE, THE...
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| 00:03:54 |
Brawner, Greta Wodele - Host
ECONOMISTS DIFFER ON WHETHER THERE SHOULD BE A CUT AND GROWTH STRATEGY. IF YOU MAKE THESE CUTS RIGHT AWAY, IMMEDIATELY, WHAT HAPPENS TO THE ECONOMY?...
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| 00:04:53 |
Brawner, Greta Wodele - Host
CHUCK SCHUMER ON THE FLOOR YESTERDAY GAVE HIS VIEW ON WHAT THE TEA PARTY INFLUENCE HAS BEEN ON THE BUDGET BATTLE NEGOTIATIONS. LET'S GET YOUR REACTION...
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| 00:05:06 |
Unidentified Speaker, -
JOHN BOEHNER KNOWS WHEN IT COMES TO AVERTING A SHUTDOWN, IT IS THE TEA PARTY NOT THE DEMOCRATS THAT ARE CAUSING THE TROUBLE. THE ONLY HURDLE, THE ONLY...
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| 00:05:51 |
Brawner, Greta Wodele - Host
STEVE FORBES, YOUR REACTION? GUEST: IS TYPICAL OF
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| 00:05:58 |
Forbes, Steve "Malcolm" - Editor-in-Chief
THE DEMOCRATS TO DEMONIZE THE TEA PARTY. THESE ARE PEOPLE OPERATING AT THE LOCAL LEVEL AND COMING TOGETHER FOR ACTION. YES, THE TEA PARTY IS A BLOCKAGE...
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| 00:07:17 |
Brawner, Greta Wodele - Host
BALTIMORE SUN" AGAIN. THE TEA PARTY GROUP PLANS TO STAGE A RALLY THURSDAY AT THE CAPITOL. ALSO, ON THURSDAY, FORMER HOUSE SPEAKER NEWT GINGRICH WILL...
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| 00:07:49 |
Forbes, Steve "Malcolm" - Editor-in-Chief
DEPENDS ON HOW THE DEBATE IS FRAMED. WHEN THE DEBATE WAS FRAMED IN 1995, THE REPUBLICANS LOST THAT BATTLE. TODAY, WE HAVE A DIFFERENT CRISIS, SPENDING...
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| 00:08:49 |
Brawner, Greta Wodele - Host
ARE REACHING ACROSS THE AISLE -- TO CENTRIST DEMOCRATS. GOP LEADERS CAN AFFORD TO LOSE 23 VOTES BEFORE MEETING DEMOCRATIC HELP, WHICH IS WHY MCCARTHY...
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| 00:09:23 |
Brawner, Greta Wodele - Host
GO TO PHONE CALLS FOR STEVE FORBES. LAURA, A DEMOCRAT IN PENNSYLVANIA. CALLER: MAY BE A YEAR
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| 00:09:35 |
CALLER, -
OR SO BEFORE YOUR FATHER DIED, BARBARA WALTERS HAVE BEEN THE AND -- HAD AN IN-DEPTH INTERVIEW, AND ONE OF THE WORST THINGS HE SAID WAS I HOPE WE NEVER...
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| 00:10:32 |
Forbes, Steve "Malcolm" - Editor-in-Chief
MUCH. IT IS A GREAT WHITE TO BEGIN THE MORNING. MY FATHER WAS -- GREAT WAY TO BEGIN THE MORNING. MY FATHER WAS A REMARKABLE MEN. DURING UP WITH HIM...
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| 00:11:57 |
Brawner, Greta Wodele - Host
FOR "FORBES MAGAZINE?" GUEST: THANKFULLY,
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| 00:12:06 |
Forbes, Steve "Malcolm" - Editor-in-Chief
WE HAVE A GREAT WEBSITE. WE HAVE ABOUT 19 MILLION A UNIQUE VISITORS A MONTH. IN TERMS OF READING A MAGAZINE, THAT MIGHT NOT BE LIKE READING THE WEB,...
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| 00:13:00 |
Brawner, Greta Wodele - Host
AS A FRONT-PAGE STORY OF "THE USA TODAY." GOOGLE SAYS 2011 SHOULD BE THEIR HIGHEST-HIRING YEAR. WHAT YOU MAKE OF THAT? GUEST: IS
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| 00:13:24 |
Forbes, Steve "Malcolm" - Editor-in-Chief
NOT JUST THE INVENTIONS, IT IS HOW YOU USE THE INVENTIONS. THE BIG CONVENTION AFTER WORLD WAR TWO WAS THE MAINFRAME COMPUTER. THE PERSON WHO MADE THE...
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| 00:14:29 |
Brawner, Greta Wodele - Host
LOT OF TOPICS ON THE TABLE SHOP, A REPUBLICAN IN SAN DIEGO. YOU ARE NEXT. CALLER: GOOD MORNING,
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| 00:14:40 |
CALLER, -
MR. FORBES. MAYBE YOU CAN ANSWER A QUESTION FOR ME. WHY DID THIS IDIOT GIVE BRAZIL TO APPOINT $5 BILLION TO DRILL FOR OIL WHEN WE HAVE IT HERE? IF THEY...
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| 00:15:15 |
Brawner, Greta Wodele - Host
WRONG. A CRITICAL REASON WHY WE FACE HIGHER FUEL PRICES TODAY IS THIS IS WHAT HAPPENS WHEN YOU PRINT TOO MUCH MONEY. THE FEDERAL RESERVE HAS BEEN ON...
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| 00:16:58 |
Brawner, Greta Wodele - Host
TO COMPANIES THAT ARE SITTING ON LEASES THEY ALREADY HAVE? AP REPORTED THAT NEARLY TWO/THREE OF OFFSHORE LEASES ARE SITTING IDLE. GUEST: IN TERMS
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| 00:17:16 |
Forbes, Steve "Malcolm" - Editor-in-Chief
OF LEASING, YOU CAN HAVE A LEASE, AND WHEN YOU BUY THEM, YOU BUY A LOT OF THEM. MOST OF THEM WILL END UP BEING A DRY HOLE. IN TERMS OF PERMITS, YOU...
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| 00:18:09 |
Brawner, Greta Wodele - Host
OBAMA WILL BE TALKING ABOUT HIS ENERGY POLICY THIS MORNING I GEORGETOWN UNIVERSITY. GO TO C-SPAN.ORG TO WATCH OUR LIVES STREAM. JAMES, TENN., INDEPENDENT...
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| 00:18:29 |
CALLER, -
MY ENTIRE LIFE, MR. FORBES, AND RECENTLY RETIRED. I HAVE WORKED MY WHOLE LIFE, AND REALLY NOT PAID ATTENTION IN SENDING LEADERS TO WASHINGTON. NOW, I...
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| 00:19:23 |
Brawner, Greta Wodele - Host
HELP. HOST: STEVE FORBES? GUEST: YOU MAKE
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| 00:19:28 |
Forbes, Steve "Malcolm" - Editor-in-Chief
A VALID POINT ABOUT WASHINGTON DOING WELL WHILE THE REST OF THE COUNTRY IS STRUGGLING. WE SAW THE SAME THING IN THE 1970'S, WHEN WASHINGTON RULE AND THE...
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| 00:21:07 |
Brawner, Greta Wodele - Host
OHIO. GOOD MORNING. CALLER: I HAVE
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| 00:21:12 |
CALLER, -
TO TAKE ISSUE WITH PEOPLE CALLING PRESIDENT OBAMA NAMES. THAT IS VERY DISRESPECTFUL. I NEVER DID THAT WITH PRESIDENT BUSH. ALSO, THE FACT THAT YOU ARE...
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| 00:22:17 |
Brawner, Greta Wodele - Host
HOST: STEVE FORBES? GUEST: IN TERMS
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| 00:22:20 |
Forbes, Steve "Malcolm" - Editor-in-Chief
OF PEOPLE, WE HAVE GONE THROUGH HARD TIMES IN THE MEDIA BUSINESS. WE HAVE HAD TO TIGHTEN OUR BELTS. WE SEE IT ALL AROUND. NOBODY IS SAFE IN TERMS OF...
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| 00:24:13 |
Brawner, Greta Wodele - Host
IS A REPUBLICAN IN TEXAS. CALLER:
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| 00:24:20 |
CALLER, -
GOOD MORNING, MR. FORBES. I KNOW GRETA WAS UPSET WHEN THE BUSH TAX CUTS WERE PASSED. ANYWAY, IF THE FEDERAL GOVERNMENT TOOK 100% OF WHAT PEOPLE LIKE...
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| 00:25:34 |
Brawner, Greta Wodele - Host
STEVE FORBES, WHO WOULD -- STEVE, WE LIKE TO SEE RUN AGAINST 20 -- SEE RUN AGAINST PRESIDENT OBAMA IN 2012? CALLER: I WOULD VOTE FOR
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| 00:25:50 |
CALLER, -
DONALD DUCK BEFORE I VOTE FOR PRESIDENT OBAMA AGAIN. HOST: IS THERE
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| 00:25:58 |
Brawner, Greta Wodele - Host
A REPUBLICAN CANDIDATE YOU ARE LEAVING -- LEANING TOWARD? CALLER:
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| 00:26:07 |
CALLER, -
WE NEED THE GOVERNMENT TO GET OUT OF OUR HAIR. HOST:
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| 00:26:10 |
Brawner, Greta Wodele - Host
STEVE FORBES? GUEST: I AM LOOKING INTO
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| 00:26:16 |
Forbes, Steve "Malcolm" - Editor-in-Chief
2012 FIELD, AND ONE OF THE THINGS WE NEED TO KEEP IN MIND IS THERE IS NO FRONT-RUNNER. A LOT OF THE NEW CANDIDATES WHO HAVE NOT DONE IT BEFORE, THEY...
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| 00:27:54 |
Unidentified Speaker, -
HAVE HEARD AND READ SO FAR, WHICH ONE OF THE CANDIDATES TO YOU THINK HAS THE BEST ECONOMIC PLAN? GUEST: MOST ALL OF
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| 00:28:02 |
Forbes, Steve "Malcolm" - Editor-in-Chief
THEM ARE STILL FORMULATING THEIR ECONOMIC PLANS. I WAS IMPRESSED WITH THE GOVERNOR DID IN CALIFORNIA WITH TAXES. I WAS VERY IMPRESSED IN INDIA, IN...
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| 00:28:44 |
Brawner, Greta Wodele - Host
CALLLER. YOU ARE NEXT. I THINK WE'VE LOST GREG. LET'S MOVE ON TO DOUG, ARE REPUBLICANS IN NEBRASKA. YOU WERE ON WITH STEVE FORBES. -- YOU ARE ON...
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| 00:29:03 |
CALLER, -
TWO POINTS I WOULD LIKE TO MAKE. LARGE CORPORATIONS LIKE GE THAT DID NOT EVEN PAY TAXES BECAUSE THEY ARE USING OFFSHORE HIDEAWAYS, THAT SHOULD STOP. THE...
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| 00:30:08 |
Forbes, Steve "Malcolm" - Editor-in-Chief
THE DRILLING, THE CALLLER IS ABSOLUTELY RIGHT. YOU CAN HAVE A VERY REAL SAVE THE MEASURE IN PLACE AND MUCH -- AND MOVE MUCH MORE EXPEDITIOUSLY THAN THIS...
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| 00:31:15 |
Brawner, Greta Wodele - Host
THE NEW REPUBLICAN SENATOR FROM FLORIDA HAS A NEW PIECE IN "THE WASHINGTON JOURNAL" THIS MORNING. HE SAYS THIS -- DO YOU AGREE WITH THE SENATOR? GUEST:...
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| 00:31:39 |
Forbes, Steve "Malcolm" - Editor-in-Chief
WILL NOT GET REAL REFORM ON THE ENTITLEMENTS, FUNDAMENTAL REFORM UNTIL WE GET A MANDATE IN 2012, AT WHICH I THINK WILL HAPPEN. IN THE MEANTIME, I THINK...
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| 00:32:50 |
Brawner, Greta Wodele - Host
WILL VOTE TO DEFEAT AN INCREASE IN THE DEBT LIMIT UNLESS IT IS THE LAST ONE WE EVER AUTHORIZED AND ACCOMPANIED BY A PLAN FOR OVERHAUL OF THE REGULATORY...
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| 00:33:18 |
CALLER, -
FOR MR. FORBES. THIS GOES BACK TO PRESIDENT REAGAN. I KNOW THIS IS THE ANNIVERSARY OF THE TIME HE WAS SHOT, BUT IF WE CAN REMEMBER THE TRICKLE-DOWN...
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| 00:34:17 |
Forbes, Steve "Malcolm" - Editor-in-Chief
IN TERMS OF WHAT REAGAN DID. THAT IS WHY SILICON VALLEY CAME INTO EFFECT. APPLE AND ORACLE FLOURISHED. THEY BECAME THE GIANTS' THEY ARE TODAY. THAT IS...
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| 00:36:23 |
Forbes, Steve "Malcolm" - Editor-in-Chief
BILL, UNFORTUNATELY IN THE NAME OF PREVENTING TOO BIG TO FAIL, IT CODIFIES TOO BIG TO FAIL, BUT WHICH IS WHY THE LARGE INSTITUTIONS ARE BORROWING AT...
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| 00:38:26 |
Brawner, Greta Wodele - Host
JIM FROM TENNESSEE. GO AHEAD. CALLER: KENNEDY'S CUT
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| 00:38:33 |
CALLER, -
WERE MOSTLY TRICKLE UP AND THEY WORKED. IT TOOK US FROM 870 BILLION TO THREE TRILLION 150 BILLION IN DEBT IN HIS EIGHT YEARS. BUSH TOOK US TO FIVE TRILLION....
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| 00:39:15 |
Forbes, Steve "Malcolm" - Editor-in-Chief
RECORD IT WAS HERBERT HOOVER WHO ALMOST TRIPLED INCOME TAXES DURING THE GREAT DEPRESSION AND TURNED THE DISASTER INTO AN ABSOLUTE DISASTER. CENT UNEMPLOYMENT...
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| 00:40:20 |
Brawner, Greta Wodele - Host
TO LEAVE IT THERE. THANK YOU FOR JOINING US THIS MORNING, STEVE FORBES. COMING UP, WE WILL TURN OUR ATTENTION TO THE SIZE AND SCOPE OF NATO. >> AN UPDATE...
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| 00:40:32 |
Unidentified Speaker, -
LIBYA FROM CHINA'S PRESIDENT. SPEAKING AT A DIPLOMATIC MEETING EARLIER, HE CALLED OUT THE FRENCH PRESIDENT OVER THE BOMBING CAMPAIGN, SAYING FORCE WILL...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.