CNBC’s Maria Bartiromo lived up to her “Money Honey” nickname yesterday by standing up to her union goon guest and defending the American dream.
She had two guests on her CNBC show on Thursday – Steve Malanga, a senior fellow with the Manhattan Institute, and Jonathan Tasini, executive director of the Labor Research Association.
Here’s how the conversation went:
BARTIROMO: So, you want us to go the European way?
TASINI: For example, there was just a great piece in the New York Times about Norway, and explaining how it has actually expanded its coverage and protection of people. I would argue that people in Norway probably live a better standard of living than most people in this, than many people in this country.
BARTIROMO: Well, the economies of Europe have been in the dumps for, for years, even before this economic slowdown even started. You think that, you think the socialist measures have anything to do with that?
TASINI: Well, what I found interesting is both Steven and both you have ignored the two points that I’ve made which is that we have the greatest inequality that we’ve had in the last hundred years, and the most important point I tried to make was productivity. Productivity in the last 30 year is soaring. That means…
BARTIROMO: But what is redistribution of wealth going to do for productivity? What is, what is the idea of the American dream, of working hard and achieving something, and knowing that all, you know, half your wealth is going to someone who didn’t do that?
Why that’s just crazy talk, Maria. The Democrats don’t want to redistribute the wealth. They want to redistribute the poverty.
Source: CNBC via NewsBusters.org
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{ 8 comments… read them below or add one }
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That fat bimbo should read this: http://grantlawrence.blogspot.com/2009/05/norways-socialism-success-makes-her-red.html
She knows jack-shit.
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http://www.marketwatch.com/story/the-happiest-places-on-earth-are-heavily-taxed?siteid=rss
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Nice job of censorship, comrade.
Adios.
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GL, as far as I can see your post was approved and posted 13 minutes before you posts your paranoid message.
Paranoia and censorship: That’s your department.
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GL came from Reddit.com, which is infested by the really whacked out far left. You can see the lovely things they are saying about this video over there, here. Warning, the language is the same as on all left wing sites: filthy.
Oh, and GL, your first message went into our language filter for approval. I know you’re used to saying whatever you want at your kook sites, but you can’t here.
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why don’t we just ship the socialist wack jobs to gitmo they seem to think so highly of the islamo nazi’s vacationing there– they can all hold hands and sing kumbaya
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Regarding Norway as a workers paradise. Their National Debt as expressed as a percentage of their GDP (which includes oil, there number one biggest earner) is the 14th largest in the world (courtesy of a cnbc.com article,
http://www.cnbc.com/id/30308959?slide=3
External debt (as % of GDP): 114%
External debt per capita: $118,353
Gross external debt: $551.59 billion
2008 GDP: $481.1 billion
In addition all the other northern countries (Sweden, denmark etc.) are in similar shape. Perhaps a lot of the happy stuff is being paid for in future debt. While Norway has a rainly day fund I’m not how long it will last when the oil runs down (which it is) and no more cash income is coming in.
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scr_north: Yes, everyone is always happy while drinking the free (not really free) booze. But eventually the party ends, and the hangover ultimately comes.