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Avi Nelson - Earth Day, Fenway, and Capital Gains Tax

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Sat, 21 Apr 2012|

At a time when only about half of Americans pay federal income taxes, President Barack Obama and the Democratic Party have made a fundamental shift in the justification they offer for their massive spending and the proposed taxes to support it — and it is one that should frighten every American. Avi discuses Obama’s stance on capital gains tax, as well as the communist history of Earth Day and the recent anniversary at Fenway.

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  1. Sarah Palin32:26
  2. Eric Bruntlett21:35
  3. Don Nelson33:08
  4. Dick Cheney20:07
  5. New York Giants4:11
  6. World Series4:09, 6:53
  7. George Bush28:23
  8. Hillary Clinton27:41
  9. Barack Obama27:42, 27:59, 29:26
  10. Wall Street33:44

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Automatically Generated Transcript (may not be 100% accurate)

Stop Nelson -- Welcome to program nice to have you with us nice to be back -- you -- -- couple weeks. We got preempted because trust combination of ingredients. -- to do it sports that are broadcast feeling on the sister station knowingly eyes and syndicated programming and anyway makes us more appreciative moved back and tell who left welcome you back. And invite you -- hello number. 8774694322. Is told free. The text message code is 68680. And the email address a Nelson at wrko.com. Well okay we got a lot of things to talk about magnolia course like to focus on. The significance of the dates because they usually come once year in the case of the Fenway Park celebration. Hundredth anniversary. Of the inauguration of Fenway Park. And it took place actually yesterday in. The teams wore the uniforms from 1912. Was arranged in there were no names and no numbers on the back. And we think about it you know one of the things that commemoration to a -- think back about what the technology was like in those days. Most people must have gone to the park. The end we -- -- horses or playing in carriages drawn by horses he automobile had been invented but most people didn't have them. There weren't any printed program so I guess there was no reason to put numbers on anybody. If you weren't going to be you know scorecards did you get the ballpark probably didn't exist then. I'm not -- sure how you knew when your player. Bush was coming to ballot because it's not like you saw -- television she could recognize the stance. You know it was just dumped ballplayers on the other hand they know that people who stand in the outfield. -- which is unheard of now but that was part of where people stood -- com. In his autobiography wrote about that that that people were actually there was considered. Part of of the way it was they would be standing on the actual feel well I guess technically would be the back of the field but can only just can't guess it. An occasion that got to get low wailed over the ball bush I know there are some places where there actually achieved great thing in the in the outfield. Well it's hard to have to understand what 1912 was all about. I remember. And article somewhere that does is stunned and this was fourteen years later in 1926. They drop the baseball from an airplane. And Babe Ruth caught it I mean we show up that -- -- that somebody was flying -- imagine that Leo ball fell out and -- that restrict those glove and there was. This was set up as a as a stunt. But I -- I always find myself thinking can you imagine trying to do that today. We're all the permits that you have to get -- all the the regulatory approvals it it probably would take five years in the wouldn't be able to do it anyway. Should just an entirely different perspective on. On things. -- make you start thinking about you know for those of us who grown appeared the association with Fenway Park it. With threats of actual violation of scrutiny that they lost to the Yankees known as yesterday. The reigning AL batting champ and and at that time was Ty Cobb. He won -- in 1911 with a 420 average used to winning again in 1912 with a four man average. But more about -- mentioned Beirut -- push start his career with Boston was not with the Red Sox in 1912. He joined in 1914. At the age of nineteen. And I -- just change so I looked it up by the way that year the Red Sox won the World Series they defeated the New York Giants. Four games to three. 1912. Which 597000. For the season and that was very good committee compared to the American -- should just under 600000. Last year at Fenway park new words. A little over three million. Give you -- and and we can be sure that ticket prices back then which I I didn't look up worth considerably. Lower. Then they are today. Well I feel as -- found myself thinking about the the hundredth anniversary a couple of things that I share where you can you -- it is good afternoon welcome this is on the house and some personal reflections you're shouldn't. You can enjoy and really if you want like every hundred years tried -- that we needed or not. But gesture they had something like 200 Red Sox alumni. For a charge ball players come on the field. And one will have an arson was Bob Montgomery have a special place for in my heart for Bob Montgomery. You play in the mid seventy issue this suicidal 7475. I was playing ball in what the Paula Boston partly riches or semi pro advanced amateur league. And I used to go there with a the transistor radio and I'd be playing the game and because I was doing the program and we followed the Red Sox on this radio station. Who broadcasts the Red Sox games after the game was over. I would come on with the remainder of the program because I was doing a talk show in need to. Shia militia in the games and try to stay at my game is one wish I could. And sometimes it got a little close in this time for some reason that is stay a little bit longer. And -- big -- -- back to through the city to get to the station which was in Boston. And I knew that it didn't look like I was gonna make it and I would issuing your pushing in every light goes against you wanna kill every drivers in the way. -- the radio on the game on of course and Bob Montgomery was up and he got a base hit and not prolonged the game. So that I got here just in time to hear dashed in the studio sat down instilling uniform. And nobody -- the wiser now I'm admitting it but more than three decades later so who worries gunfire means to -- -- I and I -- met Bob Montgomery -- always want to at some point to thank him for. For prolonging the game and my job -- And the only other thing that comes to mind is the only time I cheated and watch television during a broadcast. It was during that 1975. World Series. The six game when Phish -- the home run. Now we have television monitors in the studio here they're muted in their -- news channel. And I keep and I am Jewish prisoners of -- and sometimes during the break and casing and comes up but that time. I brought the TV into the studio was watching the ball game show a confession in that was 1975. South. These are relieved -- memories that come back when there's a commemoration know a hundred years. The Fenway Park and iconic ballpark and of course would never be built today. With those dimensions the reason has that -- -- feel washes over road behind it. You have to remember though of course when they build it probably wasn't Pedro there would be no reason only cars. But the rumors there anyway so sometimes. She planning and having everything nice and even to mention didn't have lots of parking. Sometimes it doesn't get the iconic status does he get with Fenway Park -- -- -- So much for the commemoration and we'll be back with -- and another hundred years to talk about the 200 anniversary right. Other things that happened. We -- to the commemoration of patriots day and Paul Revere ride. Which of course was memorialized. By the Longfellow -- Henry Wadsworth Longfellow. The eighteenth of April. And 75. Were a couple of days late that it's worth a little bit of mention. Special famous homeless in my children and you show here in the midnight ride of Paul Revere. And that's where the line comes from one if by land and two -- by she and I -- on the opposite shore will be. Course of questions which forces. There one lantern or two. True that you all thought she -- the home. I know he can all look it up nowadays but the question is do you know. And the answer of course she's too. Anyway the the poem it has become. Sure well known. -- all of us who -- is such a great home and easy to accession sometimes poetry. He needed dictionary and and anxious to an English professor. Who understand with the polish talked about but not here. What's interesting about it is because the polish becomes so well known. Some of the historical inaccuracies. Which Longfellow middle because -- written about he had researched it before did the writing. But need more to make it simpler sort of glorified Paul Revere says some of those historical inaccuracies -- come down to was as if they're fact. So for example the lantern signal in the Old North Church. As -- for Revere the nod from him what it was as was actually -- -- -- The historical. Paul Revere did not receive the Lander and shaved his reaction was the one who ordered the lenders to be set up. Paul wall so -- be rolling in cross Roland himself across the Charles River when in reality was rolled over by others. He also never reached Concord. Pillow where she left Leo we were there of two other guys Dawson Prescott's. And it was only press guy who arrived at Concord -- important time to warn the militia there. And any event it's a great palm it was written an 1860. And the reason for it really has less to do with the commemoration. Of of 1775. Petitions on the eve of the civil war. And -- Longfellow. Was. I was really trying to do was to rally the nation and then try to he saw the storm closed going to you you listened to the last. Storms of the Paul. And you can hear the call to the people and it's also one of the reason was ridden section accessible way. It because he wanted to reach ordinary people. So here's the last stanza of the poem. Sold through the night road Paul Revere and sold through the night -- -- cry a long arm to every Middlesex village in form. A cry of defiance and not a fear. A voice in the darkness a knock at the door and a word that show -- forevermore. For born on the nice blend of the past through all history to the last. In the hour of darkness and power we need the people will awaken and listen to here. The Marines -- -- -- on that Steve and midnight her message of Paul Revere. Usually you can just hear Longfellow pleading with the people of the United States. To listen once again to the message you know our apparel. Was not 1775. So much as it was 1816 and of course the the civil war was indeed on its way and took place with horrendous loss of life more people more Americans died. In the civil war and all other wars combined. -- just remarkable over 600000. Okay. So all and and now we are pleased and collective commemoration ruling I'm not one. We were a little later on and no one that's pat stay right where we get to that. But first audio -- or not too late for and that is Earth Day. Drew applause or something birthday. No the Sloane street clearly. -- birthday is tomorrow. And shouldn't interest in -- by you know it's become somewhat controversial us. Sure it's an opportunity to worship the climate of course and then there's only already religious part of them are really going to be that. It's almost getting back to pay usually have a profit there and he's put out some 9000 pages of stuff -- This started by the way April 22 1970. Which happened to me. The hundredth anniversary of the birth of Vladimir -- And that's why ever since that time. And some people had suspected that Earth -- is a Communist plot. And sometimes it's hard to separate the people who are supporting Earth Day from those who have some socialist Communist tendencies. The environmental activist Ira Einhorn took the stage at the 1970. Earth they kick off in Philadelphia even. Claiming to be a co-founder of the event. Seven years later. He was embroiled in a police investigation when the mummified body of his missing girlfriend. Which found stuffed in the trunk in his closet. I mean once skipped town. -- dollar in France for decades. Before it was finally extradited back to the United States and convicted. Of the murder. Now I should point out that the the earth we committee of Philadelphia later denounced him and said that he would not really -- be organized church. In 2008 time magazine's earth they've featured a cover photo. That was a doctored version of the flag raising and you regime in 1945%. Of the Marines raising the flag. There are raising your Torre. As you can imagine some veterans were rather upset by that -- came. Quite in and element of controversy. The time managing editor. Shed did defended the photos saying our story says there needs to be an effort along the lines of preparing for World War II to combat global warming climate change. Bit of a stretch. To retrieve raising -- you were jima. OK. I don't know what you're gonna be doing birthday tomorrow. Yours truly will be doing very little. -- sure there were opposed to. And the environment if she listed. Move we've been there she's by show many people on the left in the Environmental Protection Agency -- all their regulations and all. All the -- the constraints and now we've got a ball pushing this and bluish Green energy start that I should Solyndra that. It's hard. Not to be opposed to these people anything that they are in favor. The end of two weeks against the -- just occasional like the people more for any Earth Day celebration. -- well. In any event Earth Day is tomorrow. Want to get back to the -- taxes could repulsed won't stay in there were some important consideration here with the guard. And tried. Well we do seeing signs that perhaps there are alternatives to this. -- but we just think who puts some perspective on this. The federal budget is now three point six trillion dollars. That's that's roughly ten billion dollars a day. Or. A billion dollars. -- spend every 2.4. Hours. To less than two and a half hours round the clock. They spend a billion dollars. Nor was interesting news in this state there is. A senate race between incumbent Scott Brown Republican. And the challenger Elizabeth Warren who's a refresher of law at Harvard. In Massachusetts there's an opportunity to choke off the box and pay a higher rate was -- real referendum a few years ago. As to whether to lower. Income tax rate for about half a point. It was passed 6040. But then citizens for limited taxation which is a great group an -- and came up with the idea and got through the legislature that you could check off a box and pay at the higher rates all of you 40% people out there. Who wanted to have higher rate you could do it. It's a matter of record that someone like a hundred to 1% of the people do you know for all 40% or in favor of it check that off. Bruno had any budget problems in the income or what Elizabeth Warren who's been campaigning for higher taxes finally admitted they kept asking her. Did you check off the box or fewer in favor higher taxes did you lead by example. She finally did you know she didn't do it. And what's interesting about that -- usually quote. -- and I paid my taxes and I did not make it charitable contribution to the states unquote. Charitable contribution you'll get a deduction permits for making that. That additional. Payment in taxes there's a law professor at Harvard she should know the difference. But she she what's important here. Is that when you're talking about liberals and liberalism. It's not that they just one more money. They want the element of coercion. There want to just pay higher taxes they want the satisfaction knowing their forcing everybody else to pay higher taxes. She was -- not really for the government programs that they say there shall enamored up and they are so worthy. And and require support because of the hour the case and the 40% of the Massachusetts who probably. Probably nationwide the kernel support those worthy programs and the worthy programs would be funded but no. Elizabeth Warren even in the campaign. Wasn't Smart enough to check off the box. And that's where the liberal send -- mass effect you'll find -- -- Boston Globe editorial that criticized people. For suggesting that they should voluntarily. Checked off the -- They're not happy unless there's portion unless they're forcing the rest of us to do something. And boost the we support the programs the very. Direction that the money is supposed to move toward. That's secondary. Who has been warned by the way she's listed machine made over -- 100000 dollars less last year and on the the former chesterfield it's hard to know how much trash it's worth considering Rangers but the high end of the range is fourteen million. So she's not an impoverished creature. But no road check off from Elizabeth Warren this year. Mean okay. Page 774694322. Easy phone number text message code should change Dick Cheney. And we email address and Nelson had wrko.com. Brad you're first up on the program good afternoon. They'll probably. There are. I think I think we should celebrate that you and I should celebrate out Lennon's birthday tomorrow. I don't think what's the matter with -- Where you're off internationalist spirit I don't understand your. Yeah how well you're right we should while we should commemorated anyway but I don't know I -- celebration is. Is the right approach what would you recommend for celebration. Oh I don't know maybe. Burn an -- -- oil refinery. And I comment to dry out after restaurant for creating garbage you know something him. Something in fittings that some ecological nonsense you know birthdays Clinton's first they don't troops. Yes I know as a matter of fact the first one in 1970 was a hundredth anniversary of his birth. You're writing -- April 22. He is the actual -- of his birth and I think you'll have a good idea you know she picked on a small business. Which of course. Was anathema to the Communists they want to get rid of all private enterprise including and especially. The small businesses should be going and attacking small business and honorable and then. Would be in keeping -- this philosophy. I think I think this is something and start the -- -- Eric Bruntlett got a logical stop does not just before I go. Do know there's another arm scandal regarding arm the -- to stop global warming you sort of fake gates. -- take gate -- KGT ATP. Many haven't -- haven't heard that expression. Well well look look and see album. Did that this group that this speaking out environmental group was mad at such small consumer group called heartland -- felt there exposes a global warming. So what this guy Peter -- doctor flight data of the of the much much larger institute Pacific institute I think it was called is seeded fishing. To find out the so that and he he's fist PH ISI SH. In emails to find out some personal stuff on the on the -- so there are -- on the steps of the our heartland institute which is illegal and since they found nothing really damning about them. Be constructed a false memo -- attributed to the heartland institute. And now the people in the heartland institute I think their. Going after the Pacific institute the big global warming things up right for the Huffington Post except trucks with criminal prosecution with criminal charges. And that was an addition to the Al East Anglia hacked emails this with a new scandal. Until no one -- nice to know all right I heard about the other London thanks for ring as of the date as it just keeps coming up. Brett basher -- 877469432. To -- Nelson. Welcome back hasn't lost an album brings us back into the next segment. Good afternoon he just joining us. I'm on the -- and extraordinary life missed a couple of ways that we invite your participation. The. Phone number told free tax free 8774694322. Text message code 68680. Email address a Nelson WRK -- dot com. Text message from 6171. Of Massachusetts who -- user accounts at tax time version of the faster and easier short form. Yes indeed you know why because they want save as much money is again in terms of taxes. Then will be okay if they weren't. Always complaining that the rest of us aren't paying enough and that there should be increases in government spending. And that the the worthy programs. Require support. Well they want you all in exchange support you money same -- Warren Buffett. I'm -- was diagnosed with prostate cancer bit. What's a man works like 35 billion can give 34 billion dollars to the government and somehow muddle through on his last billion. You can get by -- billion dollars. Even today right. Well before I leave I did neglect one other thing I wanted to commemorate. And that is the marathon which was run last Monday. Here in Boston. Nash 26 miles. -- to 385. Yards should. And it commemorates. The the runner. In ancient Greece -- -- 500. BC Iran from marathon version of the battle -- Athens to announce victory. Why you should. But people feel obligated to run the course right into the middle of the city and disrupt the whole city. He if you haven't lived in Boston where the she's -- do this Jewish starred in Hopkinton which is stored -- six miles away. And then -- right of the rule issued east of the city is blocked off for the weekend it's sort of divided. You can't crossed. Forest industry because it's all set up. For the for the marathon. Friends staying one aberration that's wonderful. But why not run from Hopkinton do -- -- Douglas which is in the southern. Central part of Massachusetts. Why is it that you have to run and situation. -- should cause as much disruption. As possible for the people into. They are here again you know this is something about the mentality or I'm having a race and now all of you people. Have to take notice. Nationally are more important to tell -- -- and then put the tennis court in the middle of the street. I know they do in New York I've -- in new York at the time their in the math on there they're probably other places. But I've never understood in this gives you the one this is an annual growth strategy you know only -- about it now because. If you do it later using what -- talking about why she bothered her. Incidentally that bad -- They are being junior in the ancient Greece who ran the first marathon. After -- completed the run and gave the news he dropped dead. That hope -- what is this curry who who about. The human body and whether or not we should be running 26 miles. A car maybe. There was hot here but there was in the mid eighties. Okay. Now let's get on to us some other things you mentioned about the about taxes. -- about the size the federal government. And we have of course some scandals going on as well. -- -- What we're talk about task -- Obama has proposed -- that he wants to raise. In effect capital gains rate to 30%. Which is his business about the taxing the wealthy people on the basis of their necks. We mentioned before that the annual federal budget notion three point six trillion dollars for ten billion dollars a day. Well a clip for emissions from 2008. Here's a debate. That. To try and was between Hillary Clinton and Barack Obama. Muttering -- -- a moderator of the debate he is Charlie Gibson. And you -- here it is this is always so were -- my nearly four years ago. Telephone might be interesting to put in perspective. Who Barack Obama is actually let's run that clip you have. -- however said you would favor an increase in the capital gains tax. Does -- thank you sit on CNBC and I quote I certainly would not go. Above what existed under Bill Clinton which was 28% is -- 15% that's almost doubling if you want to 20% but actually Bill Clinton in 1997. Signed legislation that dropped the capital gains tax to 20% right and George Bush has taken announces 16% and in each instance. The rate dropped revenues from the tax increase but government took in more money it's and in the 1980s and -- the tax was increased to 28% of the revenues went down. So why raise it at all especially given the fact that a hundred million people in this country. Only stopping would be affected. Well -- what I'm sure it is true I look at raising capital gains tax. For purposes of service. Why it's important to keep in mind you noticed what he didn't deny it but if you lower the capital gains traction you get more revenue into the government. But doctors humanity. He's come up with the word fairness even back then of course she's he's badgering you to death during this campaign. Doesn't cure even to fund the programs from Russia before that that the early leak these liberals who were in favor of higher taxes won't. Put the money and even though that would support the programs there are only happy if they can course arrest must here's Barack Obama he even in the middle of the campaign. Not disputing that the that the newly lower tax rate would produce higher tax revenues from that tax but it doesn't matter. He wants to play shares -- finish is the way he's characterizing it. But in reality what he is really doing is promoting what has been called class warfare or promoting and be in hatred. Between people who have less and people are more. As if somehow. That's something which is going to help the country -- is a guy who's gonna be that the big uniter right. -- it's really an ugly way of campaigning. And notice also by the way he said he wouldn't go above 28%. But he is proposing 30%. He is just. It it shows what is going on and and what the and what the campaign is really all about. So young -- fairness. I don't think so. That's not really what's happening he really shouldn't matter to us what people who -- more are paying. Paction they're paying more income in taxes than we -- but that's not the issue presumably the money is going to be. Collected because there are programs that government needs to fund. And if there -- ways have of getting more money and had a lower tax rate that should be attractive to everybody. But instead. Now which again is. I don't care for scanning they're more money -- -- and then the reason this is really shouldn't get votes that way. -- he figures you feed stores open office and be enough resentment that people have more we always seem pioli guy and more. Then it'll translate into votes. We're all speaking of ugly. Controversy. And in terms of the campaign -- all these issues are reporting on the table. No by all means if you wanna join in that much fun potpourri of of ideas and and topics. Is the style of the program. Earlier. Few days ago there was so Hilary Rosen who's connected to the campaign. Who should dead and Romney had never worked a day. In her life. And here's Bill -- -- Condit. What will achieve meaning -- meant to say I think was that -- -- route and Romney. Has never gotten her blank I'm about to work on quote. He always count on boom box to make it is ugly and his vulgar worst possible and by the way it's now 58 days that mar. Has that money then million dollars in -- too. To -- Obama is super -- that that money has stayed there and noticed person was. They abusive language was Sarah Palin. Now it's vulgarity with regard -- I -- on me. -- here's a guy who just stays where they and though Romney folks are they may be upset but that Obama folk should keeping the money. Who has -- who who values. And by the way. You know it's not like Obama doesn't have any -- he's got some Michael hundred million dollars in the coffers compared it to ten million for run me think he could be. He could make a grand gesture and give it back. Back on the other side of the break -- Martha Nelson. Welcome back this is Don Nelson phone number 8774694322. Text message -- 68680. Email address -- Nelson at wrko.com. -- and actually the program good afternoon. I'll -- it was -- I don't think they're also individuals. Well. Normal sane individuals. Within the past twenty years or thirty years he -- the wait is that a middle class. As little -- -- Mandel has gone down. And he waited for the top income merits and has been. How great it I think that when people see that the Wall Street individually getting away with murder it's about money and the bankers I think. That's fair I think. There wind. What's and then they're getting war with murderous there. Well no no no I I mean I'm talking about it it that you know that these individuals should be. I but I think that when you. Being behind bars. Why should they let you know making money. No I'm talking about the individuals who got us into this. Economic the next. Don't guy Q could you can make the -- -- -- I don't hear. I mean they may -- ironically that's that's that's what I'm talking about what apple is always talking about. And -- always nice knowing you don't know Obama unlike you Obama did not say criminals should pay higher taxes. -- -- everybody when they worry about news and who's making more should pay. Bobby and little -- week it has not. In -- raid for the last twenty years -- I think you like to blame Obama for everything but did little Buckley is head instead -- put twenty. You gave twenty yeah I know even you can't -- -- should have much. In the -- where we're talking about taxes let me give you some of the -- and not a cure all by beginning social simple act that is the time -- 2009. Which is the most recent. That I -- right. The top 1%. Okay originally guys you don't like in the -- the. They know how they still aren't you coming guys I don't know how big -- thing about -- their eyes highway. I don't honestly guys you lost the highest income day. That's -- mother of the child 1% is at 343000. And they right. 37%. Of the taxes that -- top 1% paid 37%. Of the tax at the top 5% which brings you about a 155000. Page 159%. Of the attack to the top 10% pace should you percent and the bottom 50%. Paid 2%. And 4047%. Of the people don't -- It's still well I think you know -- I'm being split. I'll see you brought about that they don't take any federal tax my singing -- 88 days that don't pay any federal. I shared income taxes -- I was -- all these numbers I'm giving your income taxes because that's what Obama's talked about is raising income taxes. Well -- do -- and I -- -- I think if the whole around at what he's talking about I think he's talking about this down this country. That didn't. This country had an unfair. To the middle class I don't. I think just ask -- again no arms. Oh wait that lobbied all the numbers according deal. They're all gone out of my mind -- this if you challenge a numbers thing you can go check it there's somebody. From the National Taxpayers Union and make these up day. I sure up. I don't think -- just this beard. Myself but by the making noise comes then you. I don't know how much you might then how much G Mac -- -- -- Tony -- I brought up a little toy did in doctor NBA I really muddy and I don't know primarily used to you because you'll tell me how much you're. And ninety. I think individuals I just want bid if if they want to. You want -- five idol -- in the newborn. Well I hadn't how were how much suggestion not a -- Dave if you think there wealthy people like you ought to pay more in taxes she. You know what sending the check out. Our lead by example today show us how we shouldn't and I'm. RB you know provided it is also a loophole you know. -- Is all -- the pac ten didn't you know that says. -- -- -- -- -- -- -- -- -- -- Saying but you'll want you -- you should they want to that's a little bit -- but I'm not endure high taxes you'll have. I'm sure -- get buried -- artists still won't be a part I'm not in favor of more -- you all -- sending some money. RB written this country you don't know and chocolate robots in Massachusetts do my Iowa tomorrow but I do -- I enjoy -- they might be here -- but you don't I don't in the box. -- I won't get paid on college and then the judge made finally -- I'm willing though you turn more and boy are they might have thought we don't even have. Time to your -- -- more -- person who's gonna pick your time in right that is champion. I'm nothing else.