tv Mc Laughlin Group CBS October 22, 2011 7:30pm-8:00pm EDT
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this is a group discussion. can we move on? exit question, will the killing of gaddafi and president obama's planned withdrawal of nearly all 39,000 troops from iraq by december boost obama's chances of winning re-election? pat buchanan? >> i think the iraq thing, getting out of iraq, i credit him very much there too. he did the right thing. i agreed with mort, who said before that these things have a very shorted shelf life. we don't know what will happen
in iraq or in libya. could be a mess. so i don't know, john. but i think he it the right finger iraq and libya. >> you don't think the staying power of the gaddafi story is so dramatic that did it will have staying power? >> don't last two weeks. >> come on! >> what's the answer? >> get a little bit of a bump, but this is critical because the republicans are trying to portray him as another jimmy carter, overwhelmed by problems at home and abroad. this takes away half the narrative. it keeps him in the game. he's had a foreign policy string of successes that are truly his for you can. >> and the notion he'll take all the troops out of iraq is really good now for getting loyalty of his base, getting people out to vote for him who are pure democrats who really wanted this war to be over. if he left the troops in iraq, it would have been harder for him to get the base out to vote for him. and that's who he needs to get out for the 2012 election. >> you doesn't think the
dieharders and -- and -- on the ground already in libya, strong enough to take over the election? >> we don't know in libya. there are 140 tribes, we know who will be the strongest one. we don't know what will happen in egypt or in iraq because of the sunni battle, government, a supporter of iran, not of ours. so we don't know how all this will play. i'm not saying they made the wrong decision. it's too early to celebrity and light the candles. >> i think that this is a terrific boost for the president. there is a critical mass where he seems to have established that critical mass for himself as being a wise, prudent and careful but a courageous leader, don't you think? i hope so. i think it's a big success on
his part. >> done a good job. s foreign p >> when we come back -- >> the nation is not focused on foreign policy right now. that's his problem no this is true. but somehow the drama of this story -- >> no, when -- when we got osama bin laden, he had a 9 or 10-point jump in the polls. and i said then in two months it will be gone because this country is focused on the economy and jobs. >> gaddafi came here for the first time this past year, spoke at the u.n., got some publicity there, he's kind of awakened when when come back, political options. cain's 9-9-9 versus romney's 5- 9.
attacked so much is because lobbyist, accountants, politicians, they don't want to throw out the current tax code and put in something that is simple and fair. >> herman cain, the republican candidate for the 2012 presidential election, just 13 months from now had the political bull's-eye squarely on him. cain spent nearly 30 minutes during tuesday night's debate defending his tax plan, the 9-9- 9 plan. that plan would deep six the current i.r.s. tax code with its, get this, 70,000 pages. cain and cain wants a triple flat tax, a 9% flat tax on corporations, a 9% flat tax on individuals, and a 9% flat sales tax on bought goods. the plan was fiercely attacked in the debate by nearly all of
the contenders for the republican presidential nomination, notably the front- runner, former massachusetts governor mitt romney. >> i want to reduce taxes on middle income families. i like your hutzpahness but the analysis i did, person by person, returned by return is middle income people see higher taxes under your plan. >> the romney plan entitled believe in america spans 160 pages e encompassing 59 points. the highlights -- one, income taxes. keep tax rates at their current reduced levels enacted under president george w. bush and renewed last year by president obama. two, capital gains taxes. eliminate capital gains taxes for anyone earning less than $200,000 a year. three, corporate taxes -- cut the taxes on corporate profits
from the current 35% to 25%. four, constitutional amendment. a balanced budget amendment to the u.s. constitution that would cap federal spending at 20% of u.s. gdp. question, which plan makes more sense for our economy, with 70% of growth comes from consumer spending? romney's cuts or is it -- >> no, the cain puts a 9% sales tax on that would be disincentive to consume. however, his tax cut, my tax rate would go aa as mort's would from 35 down to 9, on that would give us a tremendous amount of money that wouldn't go to the -- >> affect mort? >> some of us would go out and spend it. mort's a billionaire. most people would spend it. but the problem with cain is there's no way you get a 9%
sales tax through the congress of the united states. >> it's unworkable and unfair. and when republicans cross that stage think it's unfair and it mistreats the poor and middle- class, you know there little is something wrong with it. it's got on a lot of attention because it's simple and catchy and he's a great salesman. but his tax plan is going nowhere. >> does romney understand what it takes to amend the constitution? >> well -- if you want to get his tax plan through with a constitutional amendment, even i will be old at that point. it's -- look -- [everyone talking at once] >> what is important is everybody understands we have to do something doctors tick with the tax code. it's counter-productive to the economy. if we want to stimulate the economy, we've got to absolutely limit eliminate all the special privilege and special benefits, many given to people who don't deserve it, and simplify the tax rates. and that would stimulate -- both the consumers and business.
one thing we could do without increasing -- >> i don't know. this sounds good, too many details, too many loopholes. baloney! those things have been very carefully thought through, piecemeal through congress. i'm serious about that. >> john! >> corporation make withdraws or take exceptions to being taxed, it's -- it's some kind of -- instigation to stay here in the united states and not go to china. >> john, with all due respect, i do think that many of these particularly amendments were put through by specific lobbying groups and -- >> so what? so what? >> so it's unequal! [everyone talking at once] >> tell you things about your public policy that even you don't realize. thirdly, they represent the legitimate interests of corporations which are persons. remember that [everyone talking at once] >> not with the 99 percenters on wall street who think all this corporate power that's manipulating the tax code is not a good thing. >> you raise a good question.
what do you think of this ows, "occupy wall street" movement? >> rite now they need to -- they're avoiding having any kind of specific message. they get out there and say, pay my tuition and they say that the banks are stealing houses. but people -- you know, took loans out for those houses. and the banks gave them the money. so three calling it stealing. they're certainly sympathetic group. kids who got out of college and can't get jobs. but their message is a little bit -- >> it is true they made it rich, the banks did, with tarp. >> yes. >> but they're paying that back. >> rich people made money gambling with paper. then when they went under -- >> it's a gamble. he had risk involved. >> there's a feeling of unearned wealth and that's the problem. but the reason they don't define themselves by staying stands is because then they will divide it. >> how do you handle that person? >> the problem of unends
wealth, you personally? >> you pay minimum wage on the "the mclaughlin group," john, you solve that question. >> exit question, what are republicans leaning towards, reforming our existing tax structure or adopting the new cain formula? >> i think everybody is for the reform. i think mort talked about get rid of deductions, ex edges, reduce the corporate rates and the personal rates. >> everybody is for a reform. but it takes years to put a package like that together. it's not going to reinvigorate the economy now, when we need to it. >> well it should. >> there's an opportunity for tax reform now, super committee in congress, at least get the conversation going, and that's where herman cain gets credit. clearly the country is interested in this so the next president is probably going to have on this their agenda. >> i agree with pat's agreement of me. >> i agree that even sue three, thousand. >> you like fine. how are you?
>> i'm very excited. >> gilead shalit is a first- class sergeant in the israeli military. he's now 25 years old. this week, he was a free man. shalit returned to a hero's welcome in israel after being hostage by the palestinian group, hamas for five years. under an exchange agreement in diplomatic swap deal, the palestinian hamas swapped shalit, whom they were holding, for palestinians held in israeli prisons. 1027 palestinians. question, is this prisoner exchange the start of reset in relations between the palestinians and the israelis? susan? >> i don't see how it could be the start when a lot of people they'll let out will probably kill more israelis and that's just going to make things more difficult between the two regions. i don't see how letting out
terrorists and having them kill more israelis is helpful. >> i think it is commendable that the israelis go to retrieve their wounded and get back their soldiers. it's ideal. but i will say just one thousand of these people and some are mass murderers, letting them go and i think in many more dead israelis. >> this is a glimmer of confidence the two sides were able to put together. and i think that -- there's an opening that maybe can be exploited. there's a long history of these kinds of prison exchanges, always unbalanced. the israelis can say one of ourselves is worth a thousand of them. and the palestinians can say they got their people back. the downside is the palestinians may think that if they -- more israelis soldiers. >> hamas is already -- >> netanyahu is a crafty politician. you have a security fence there. israelis don't feel that is -- >> i got a problem with his book, fighting terrorism.
what do you say about that. >> clearly in one sense this is inconsistent with that surprise, surprise when people get in office they have different views of things. but the issue from the israeli view is this is a soldier and they have an epp nick that army that have to do whatever it takes to get their soldiers back. it would have been different if he was hostage was a civilian and that's something you have a big effect. having said that, as a former chief of staff said, my heart says yes, my head says no, because you're right and everybody else is right, it exposes not only issue issue of kidnapping but emboldens gaza. i mean hamas. it strengthenings the last people you want to strengthen. and it will weaken the p.l.o., which is what you don't want. so there are many complications, but 79% of the
israeli supported is because they wanted to get the soldier back. he became everybody's child over the last five, six years, because of an unbelieveable campaign organized by his family to get every israeli government to try go get the release going. >> it wasn't a product of a tv campaign. >> no, but he was on television. >> i know. >> they were the -- they -- the family -- >> you think -- netanyahu did the right thing? >> in terms of the conflict between the israelis and palestinians, no, i do not. >> we'll be right back with predictions. [ speaking french ]
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