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Tax Return Trade

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Tue, 7 Aug 2012|

Republican presidential candidate Mitt Romney should release more of his tax returns only after President Barack Obama makes public his college transcripts, real estate magnate Donald Trump said on CNBC. Howie agreed with the Donald.

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  1. Joseph Biden28:49
  2. Mitt Romney27:58, 28:10, 4:22
  3. Social Security27:13
  4. tax returns5:15, 5:17, 5:41
  5. United States0:29, 16:16, 18:56
  6. hot dogs17:24
  7. pay taxes27:59
  8. senate majority leader3:46

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Automatically Generated Transcript (may not be 100% accurate)

I I like I look at what trumpets that I'm with them with the text of -- like what trumpets. In there's a there's a great story -- -- some guy named when he went over the blaze which is which is Golan backs and the Internet newspaper. And he went tool he went to Colombia at the same time and major in the same. Same political science that that that Obama pictured. Why are the college records of 51 year old president of the United States so important to keep secret he says I think I know the answer. If anyone should have questions about. Obama's record Columbia University it's me we both graduated according to Obama Columbia University class of 83. We were both according to Obama pre law and political science majors I thought I don't know almost every wanna Columbia. I certainly thought I'd heard of all my fellow political science majors but not Obama or receive where's that mound berries so where it's so Toro. -- -- -- Never song. Never even heard of him and number classmates I knew what Colombia has ever madam salaam or. But I'll take my word for the Wall Street Journal reported in 2008 that Fox News randomly call 400. And never found one. Who would even met Obama. Shouldn't the media be is relentless in the pursuit of Obama's record is Romney's. Should they be digging into Obama's past beyond which you beyond what he has written about himself with the same boundless enthusiasm is Mets. Apparently they and every little -- be -- book dreams of my father which is pretty much total. Composites. And they pay bolts and make believe fiction whatever word you wanna use. The first question -- asked is if you have a great grades or why would you seal your records. Who don't care about some portraits from three decades ago right so that what's the problem doesn't that make the media suspicious something doesn't add up. Secondly. If he had poor grades Iraq's a basketball how did he give admitted to one ideally university in the first place if his grades of Colombia or awful. How to get into Harvard Law School so again those -- must've been great right. So why spend four million dollars to keep them sealed. Third how Obama paid for obese be empty schools -- coming from wealthy background. If he had student loans or scholarships which he not have to maintain good grades. And this is Wayne wrote it fellow was a class of 83 graduate Columbia University. I can -- -- one reason that would explain this mystery here's my gut belief Obama got a leg up by being admitted to both occidental and Columbia as a foreign exchange. He was raised as a young boy in Indonesia but that is mother ever change it back to US citizen. When he returned to live with his grandparents -- -- -- -- -- -- needed -- college -- preparing to apply for school. Did he ever change your citizenship back I'm betting no. If you could unseal Obama's Columbia University -- -- records I believe you'd find that. A he'd rarely ever attended class B. His greens weren't hip callable we understand it takes it and -- law school CE. He attended Columbia as a foreign exchange student. Bury some Toro from Indonesia. If you think I'm fishing that proved me wrong open up you records Mr. President what are you afraid of if it's okay for US senate majority leader Harry Reid going fishing expedition about Romney's taxes even though he knows absolutely nothing about them nor will release his own. Then I think I can do the same thing. But has Obama's college Columbia College class of 83 classmate. At least I have more standing to make educated guesses it's time permit to go on the attack and call Obama's wife. While we all know. He's never he he will never never ever ever -- His his. Records -- million boxes long ago. If I were Mitt Romney and I'm not this is strong and Alec oasis -- often confused with Mitt -- special relic that is here. I would say very simply I will release my returns were -- 100% with jet everything's fine if -- released the information we -- he -- bouncy and peace. Obama spends four million dollars trying to hide lots of different things that he's done whether it's his passport records his college applications and college records. Doubts over the president's collegiate background rose again this week in a column in the blaze that's -- now room groups who was a class winnable Obama's Columbia. -- claims Obama has a secret -- that Columbia. 1877469432218774694322. So it's where I am I would rule in -- we love to see Obama's tax returns but where I mean modest tax returns -- his in his college record but you know we're not you know you know we're not gonna see him. That's just the -- years. 18774694322. By the way one last thing here before we go to the phone lines. US senate candidate Elizabeth Warren's campaign -- Indians campaign said she misspoke when she said Republican Scott Brown should release. Twenty years of tax returns Brown's campaign accused Warren of backpedaling and hypocrisy. Warren made the comments -- united an appearance and was there to celebrate the opening of a campaign office. I think I think Scott Brown should release his tax returns for all the years he's been in public service she's been in public service for twenty years that he should rule have twenty years of tax returns. Earlier this year brown released six years of tax returns weren't released for. The -- Now the aide says Wharton or believe Romney should released more years but she believes brown Sheehan brown released them up so this is this woman. Last week. Last week she she told a reporter she told -- that the guy from a national. National Journal. -- you know people are treated me because they set the only what could realism. And the next day she said you know -- hate that guy game you know I. I should something silly to that reporter from the National Journal. -- Nokia added. And now she's backtracking again. At least she backstretch she started backtracking now want saving capitalism but twenty years of over returns. To think Scott Brown was making twenty years ago. It would make it five years ago much. He wasn't he wasn't make -- to help a lot of money -- he got the advance man -- 1877469432218774694322. The guy Mike though my idea health club be he he he writes the stationary bike to -- -- -- -- his daughters picked up for me she calls -- she calls with a fake Indian whenever the complexion of what there's a fake -- She says this we call -- can be on the radio. Yes I do. -- -- correct me she said she said. Over three months now to prove me wrong to prove that Earl little on the -- Scott Brown wrong. Even put all -- gotten them. On the the pile up. None of us have been proven long have way. She's up fake Indian. -- accusing her of being a fake -- What's see the proof that communism where this very Reid's standard. Is she -- can she prove she's not a fake and am now she can't prove it. Mitt Romney could prove that his -- in that he's paid taxes but he's not going to because it opens up a can of worms she can't pearl she's not a fake in the. 1877469432218774694322. Let's see Lizzy you're next with how -- cargo ahead Leslie. How we love you -- I'm beyond that Robin Hood legend that Robin Hood. Stole from prince John and the government basically to give people their tax money that. Yes that would online from bats against king Richard the lion heart was being held prisoner I heard from the crusades it. And the evil king and John his brother -- half brother had taken over -- had to have already had evil minions like the sheriff of Nottingham. Shaking down on the people don't. He cartoon has that went right so would not -- public is if you went lower taxes and give people back. Their own money be -- Robin. I guess I think they would actually you know what that's absolutely correct I had even thought of it that way yeah. Yeah I mean they only got Blake levees kindred the bad guys that they are relieved that happened and what's its money they've let me take from the government get it back. I think what he's saying what Obama's trying to say is that easily reverse -- Oh sure. -- did you know any -- world. Yet -- why don't -- get I don't think it works I I think -- you know what he is you're right he he more fits that description of king -- Exactly and and more on the is more Robin Hood you know hide -- Sherwood forest with you know with maid Marion and friar tuck. Yeah. They're quick and -- sure. Might have with the General Counsel for a bank in Virginia and they were called before the carpet of the bed because they were can accused of denying loans to people in this thing about in of people that -- qualify. I'd like woman her monthly income was fifteen dollars more than her mortgage payment would -- in and the banks the Fed is -- guys -- my husband. Why did you turn -- and my husband said because she only was making fifteen dollars more than what your mortgage a little bit and they said -- -- -- -- determining her life. -- And banquet find thousands and thousands thousands of dollars and they group. The world that they -- able to marriage whereas in -- six month -- -- switched back in the ninety's when this happened. What is awfully that you really befitting a hostile take. Lizzy -- that were there were people it's -- I remember them in in Boston 20/20 five years ago were having demonstrations in front bank saying -- redlining certain neighborhoods. And now. Now in the last couple years after the the savings and loan -- some other some excuse me the sub prime crisis. The same literally the same people -- -- in front of the same bank. Thinks the ones that are still around that now accusing the banks of predatory lending after they got exactly what they want. That's you know when the crash happened at 2008 I need -- that the exactly what it was about an every time a Democrat since we can't go back to what caused this crisis. Isn't that Democrats in congress that made that laws that scene but the CRA you're immediately. That really started the whole thing. Right and and you know the day and you remember Sununu well when he was running in 2008 senator Sununu. And he was he was getting banged by Shaheen and he kept saying but we tried to pass legislation to get hold of -- -- get -- get all the Annie Mae and Freddie -- ready and they never could in the Democrats the hairy reeds of the world in the -- -- was threatened to have a filibuster. To prevent -- -- to prevent the regulation for moving up to get it to get a handle on this right. Tried twelve I think twelve or eighteen times bush tried to -- -- and -- and they were all he's accused of racism -- Franklin Raines was in charge of it. Right -- Franklin Raines went the payback what 57 yeah I mean it and it should be and yeah. Johnsons another guy you know Johnson's white guy who ran Mondale's campaign he's another guy that got -- -- the federal tax -- What they eat what they say on the message boards now the the the moon bats on the message work when you bring this up on the you know the on the Internet and they say. They sit well with the Republicans. Cared so much about it they should define the filibuster. What about the crap sort -- were going official start of the call -- I. A lot of the spending under bush started when the Democrats took go to your right Valencia that's when a lot of the spending it. When they started draining the swamp they have they really drained well mosquitoes coming up this of the swamp the size of B 52 step that they took over Chris not that that not. Want lot of corporate Republicans in the days when they had the majority in the in the house but you know I mean duke Cunningham Mark Foley. I am just Jack brand a brown broke off. You don't understand they were there were a lot of crooks around the obvious and and salons but you know what's gotten worse I believe. Chris your next without cargo ahead -- -- -- But anyway hey look at a couple points make Kelly got -- good job. -- know artist or a Massachusetts version of pop any yen up a lousy. Pelosi and you know she she is the stupidest thing just like -- he always. Cheesy but I think she's even more lonesome and Pelosi because it you know at least -- you don't know who Pelosi is you know Pelosi comes from Baltimore. Her father is a was a politician there she married money in San Francisco. She's not that bright. But I mean it Elizabeth Warren has created this fake history of herself you know. The exactly yeah exactly. Like Obama Pelosi yeah. Between Obama does -- history. -- -- you keep dodging you know all ball straight and why and where and how it all sort of -- All you need to do wanna get -- peeping yet but I bought between Henry Kissinger. Obama and you'll be answered every one of those questions. On all you're gonna give me a trilateral you're -- oral diarrhea. -- believe what you want. But the question keeps coming up so it all I'm saying and spoke to somebody surge. The other thing is Tim this is my doubt it will wildcard atlas by. Yeah I'd like to throw him but I yet dot. But idol kicked my glory cherry awake today and it -- and treat -- -- right. They they I don't hold their press one from officer mark fake Indian make good tractor over -- elusive vote backtracking lying weasel. 1877469432218774694322. 86 open -- get around this tax thing by not showing four years of tax returns but but rather four years of canceled check to the IRS. We imagine that just just think of the irony I and I know it's obvious but. Romney is being accused. By Harry Reid of cheating on -- taxes if you were secure if he was cheating on his taxes who would be in charge of bringing him to the bar justice. The Internal Revenue Service. Who is in charge of the -- success. Timothy. I got I got money to pay off my taxes from the world bank and then pocketed them. Geithner Timothy. I took a tax write off for my kids summer camp which. Everybody. In the United States of America knows is not a proper tax write off Geithner. So they haven't they haven't -- sheet. They would have attacked -- going after. Somebody who is not a tax -- whose image and is in -- his return says paid. Hands of millions of -- that that the two years he's given up he's paid tens of millions of dollars. In taxes. Plus he's paid. A lot at east high interest of the Mormon Church he's gives more to chair I daresay. I -- Mitt Romney gives more to charity than the entire. In every Democrat in the senate. Maybe maybe I don't know may be cold it'll may be -- give some money for Cole he's leaving us. From a Wisconsin may be gives well but the most of the most of the senate liberals are -- tossed around quarters like channel covers they wouldn't pay a nickel -- in earthquake. We now we all brushed your next without cart or hatteras. How -- first of all that you deserve the -- A lot for that suspense that you told Imus yesterday you sounded so related. Expected data sent some communications Colin -- red hot dogs or contrast this game is about arcade -- bonus of five -- a -- that's the suspects yeah. I was I was glad. I've Melissa -- guys get -- I respect to Russia meeting easily used to be he's the king you know what I've never he had met most of the other guys but I never met him. It helps to set up your -- with a -- removed don't have to turn the dial at all. Right if it ya know whatever it does and excited to it you know again I I like people on base it on mighty you know it's harder to get RBIs if you if you come and -- -- the -- pitch in the camp pitcher obviously you don't baseball to use baseball. It'll just go right at -- -- about that today it is. Also the fact I I glanced through the gold and I broke down -- -- -- a corner and and I didn't see anything on a bed and it was almost. And shocked at what a shocker right if I ever get arrested for Raj you know for a for committing a crime. -- you can be sure that you'll get two blocked all but what about you don't have to actually will be on the top -- -- front page you can just read about it from the box. You know how we are really given that a class warfare whether it's from the fake Indian effect president or any other Democrat does it just is getting old. And I just hope that more and more people become alerted to that I realized that that that's. Just hoax and and and that it's it's just sickening. In front of Obama's concern there's no question he's audit that all of his records be sealed because they're damaging there's no question about it they have to do object. I -- four million us four million. X is. He even for the president of the United States with you know unlimited deep pocket. You know one money -- oh yeah. Can you imagine a million don't have anything worth -- performance box -- I -- I have not let a blameless life firewall I wouldn't speculate on your -- I haven't -- four million colors were the bad stuff. -- -- Then backed out at you yeah. -- ya know he's -- -- -- -- -- he's really going on the witness. Yet so we can take the Fifth Amendment 500 times in the first -- tell him. Our entertainment and okay thanks -- 1877469432. To a car. 187746. Line 4322 that's a good question from 978 on the whole like touch mortgage line. Howie here's a question for you and all your listeners Romney released his twelve years taxes Obama release his college records who gets who gets hurt more I think you know the answer to that one though that your. I think I think though you know you couldn't you couldn't put this issue to bed a little bit just by it's just by demanding that he released call records 'cause I I think that I think Columbia student his right and I mean trumpet said the same thing and most people agree that the main reason he's he's probably not releasing the college records is because he. He was a foreign exchange and we don't know if he was a foreign exchange student when he went to -- Harvard law but certainly when he went to occidental he was report exchanged. You know -- claiming only aiming to be foreign exchange student and and I think you know I think that would be pretty. Pretty devastating to the equally if PP at least. And you know I I understand what you're saying the moon bats are gonna cover you know like Cokie Roberts. I gotta get that -- we gotta get back -- -- Cokie Roberts with the W got that cut. -- -- I'm sorry I yelled yeah you know what Jay from Chelsea's been after me to use this cut might somehow it's it's not by -- last week that. This is Cokie Roberts you know from ABC Amber's -- depths. Are. -- on NPR you'll remember her she used to be she is this the end and from a cut out of the capital. We're back. Q what sorts of upper -- B movie check out what happened not because public think and -- wide shot out of the capital it will be -- some days that she wanted to is -- -- here -- just stand in the studio in front of this cut out on the capital but she's good she's a she's a craft. Reporter so today is power and why isn't stopping in -- what is hoped to accomplish with our. Well I think that part of that it was that was and desire to portray President Obama is something wimp and it's Agassi's -- Eastern Europe but look. You remember well then Reagan Democrats those ethnic white voters. Who had been Democrats for many years turned out for Ronald Reagan and have been. Fairly predictable Republicans since then. Now it's a smaller percentage of the population of the voting population than it used to be. That white voters are still. Much more Republican. Than any other group in the electorate and they went from McCain in 2008 by 55%. And and I think that -- and getting those ethnic voters. Excited. Is really what Romney has in mind here it's it's more for the folks at home. The descendants of the people but he will be speaking to in -- Is she serious. The issue really think. Having grown up in a Indy -- India. A large we not why are not. But without a pop an area with a large polish population I just. AI hey Roman you know why. Romney's got Levy went to Warsaw let's -- rob the he was gonna vote for Obama told them but now and now let me went -- soft so let's vote for him. -- wish her mind. -- -- know -- people push people. And she's from New Orleans. On the good too many polish people in the world which British wishy caddie wow man. How about. Party want somebody wanted to go to Poland because it was going to be in -- by elect one last who was one of the heroes of the end of the Cold War. You think maybe that had anything to do with it. Cokie. Rich -- here this is a great column of the you know that we everybody's written including me about the -- agreed that the rich are relative peace here about the incredible lightness of Harry Reid. Reid has a super double secret source he says is an investor at Bain who call -- Hillary heated pay any taxes for ten years. Ordinarily before repeating such a charge publicly one would want. Especially given that there's no more reason that a better -- investor would be familiar with -- Mitt Romney's tax returns. Then FaceBook investor would be familiar remarkable works. Harry Reid though was liberated from all such mundane evidentiary standards not to mention logic. His statements on Romney's tax returns worked Colombia from outlandish premise completely unconnected conclusion. The only thing that holds together -- -- -- cases of vein of EB malice but runs through the whole lancet thing. -- took his case to the senate floor where he concluded a meandering oration let him prove he is paid taxes because he is not. In the twisted world of him of Harry Reid if something is not proven false it must each -- He has all the cool analytic power of the birthers and the troopers'. Re just the judicial instincts of someone who might have enjoyed the legendary witch trials of hundreds of years ago when the accused were thrown into the water and considered -- only if they sank. Reid's alleged sources there ever shifting this is I you can always tell when there's a problem with us or you can tell -- with journalists and you can tell this with. Hacks like Harry Reid. In the witness when they they can't tell you exactly who called of this that the key keep the story straight in the Huffington Post interview it was one knowledgeable investor. On the senate floor it was a vague but word is out to Nevada reporters it was a number of people. Old tail Gunner Joseph McCarthy was deflated at the army McCarthy hearings in 1954 when he was. Confronted with the famous question -- Joseph Welch. -- -- -- -- -- Have you no sense of decency sir in the case of Henry Harry Reid it is even worth asking Dan your next with Howie -- go ahead Dan. The epic finale at entry point -- you amended -- First one comes up for recombinant. Quality you're sad about Geithner. -- it in time that they -- Columbia also -- the -- actually been active in and I believe. In not sure that that would US passport as well at that -- his mother was here working and frank Geithner and I. Yeah that's why he's always had a soft spot for who. Frank Geithner -- Ford Foundation right. Okay and it set commented I've been a cop Scott Brown that's a wash in several -- and I am -- in the -- only. And I hope he's not afraid of listening to callers. In -- traded Pinocchio on that. It you know some populate those college but 86 stop onscreen -- well. It certainly don't forget that -- quote. What gunshot that it had out in the -- street as you is uncovering we're trying to cover up. These sealed documents. It was. Just now was this that I'm sorry I'm not familiar with this who's. Critical lieutenant -- by the Levy the military title IQ UA RL yet. And you know and it -- add ons to the Social Security number that comes from the support that point that -- To establish citizenship to a social. Check him out I don't know who is thanks 18774694322. From officer mark how much does Harry Reid -- the Mormon Church I'm gonna guess it's less than -- forest your next with how we cargo ahead forest. Exactly it's -- yeah -- loved your interview with Russia the other day as far as coming back although with all due respect to the crowd before the break. Those of us out western Massachusetts and don't hasn't changed he -- -- from -- do you. I know and on the cape and in in Portland and and many other places where I am I am about. But that -- appoint a lot to talk about day Harry Reid saying that Mitt Romney did pay taxes. I would Democrat to get their life straight because this morning on the TV side. I didn't catch who would. Group who -- from. But that last year Mitt Romney in the date may twenty million dollars in only paid 14% in taxes. -- did you not pay for it because about eight and -- -- outlook. They look at the light -- this who have another. -- -- -- you know we're you know I. I know Obama -- Beau Biden hate the fact that you could write off a charitable contribution but he makes he makes millions and charitable contributions and he gets that you get the -- that as a tax write off that's one reason -- based 14%. You know. Likely candidate probably -- hit the fact that you can get it right up to a church to a religion. Look at how much he gave Reverend Wright. I think Joseph Biden and John carrier in the same league you know they give about. Maybe assault buck a year. You don't they're public service that's their real contribution. Thanks Forrest won 8774694322. On the point car.