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From Fox News Sunday March 15, 2009. I think the only interests Chris Wallace may have in mind during this line of questioning are his own as he hammers Austan Goolsbee about a line in the introduction of the President's budget.

Wallace: Finally I want to get into a little bit of the Obama budget with you. 3.6 trillion dollars which calls for major tax increases on the wealthy. And I want to read you something from...the President's budget. "While middle-class families have been playing by the rule, living up to their responsibilities as neighbors and citizens, those at the commanding heights of our economy have not."

Mr. Goolsbee, it's a blanket statement from the Administration. People who make money have not played by the rules?

Goolsbee: I think you're stretching a little bit the blanket statement. It's not saying that it's been illegal. It's saying the rules of the game that the American economy has followed for decades is that the core strength of the economy is middle class workers. Over the last eight years before this President came into office we saw an unbelievable squeeze on the middle class like nothing we have seen in decades.

We go through the first boom in recorded economic history of the country where the median family income falls by $2000 while corporate profits and overall GDP rise dramatically.

Wallace: But, but...

Goolsbee: The President is saying in his budget that he is carrying out the recovery package and in the budget giving a tax cut to 95% of working people and that people who make more than $250,000 a year will go back to the rates that they were at the end of the nineties. That they pay a bit more. That isn't going to bring the economy down. And that style of thinking that it's going to trickle down and we should just keep cutting taxes at the top got us where we are today. It didn't solve the problem.

Wallace: But Mr. Goolsbee, again I'm quoting directly from the President's budget here, this is page five of the President's budget. Again he's saying those at the commanding heights of our economy, I assume that means people who are more than middle class have not played by the rules and then again let's go to this statement from page five "There's nothing wrong with making money, but there is something wrong when we allow the playing field to be tilted so far in favor of so few."

And again I guess what I'm asking is there seems to be a moral argument here that somehow people who have made money have done something wrong and need to pay for it and what you're saying, you say "there's something wrong when we allow the playing field to be tilted". The argument seems to be there's something wrong when the government allows people, rich people to keep their own money.

Goolsbee: Well we cut taxes by trillions of dollars for people making more than a quarter million dollars a year over the last eight years. That wasn't a magic elixir for growth. It was a very week recovery and we stumbled into the worst economic crisis in multiple generations.

Wallace: Why make the..I understand the economic argument. Why make that a moral argument? Something wrong. People at the commanding heights of the economy have not played by the rules. Why the moral argument?

Goolsbee: Well look you're taking a line from the introduction that sets the stage for the discussion which is we need to go back to an issue of balance. So in the nineties we had a more balanced view. We've gotten out of balance. People at the commanding heights of the economy with incomes over $250,000 a year have been receiving trillions of dollars of tax cuts while the middle class has been squeezed like never before. That squeeze on the middle class is what got us into this crisis. It's why the President is committed to renewable clean energy that makes us secure from foreign energy dependence. For reforming the education system. For health care. All of those things are about relieving the squeeze on the middle class so we don't get into this again.

Wallace: Simple question. Do you think maybe this is over-written?

Goolsbee: I think it's very well written.

Wallace: Did you write it?

Goolsbee: No.

As long as Wallace plays the good water carrier for the haves and have mores I'm sure his anchor chair is safe at Fox News.



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54 comments

Chris is, and always has been, a real worm.

He's certainly no chip off the old block....

The last administration facilitated the looting of our treasury, most egregiously by way of Iraq. The oligarchs had their way with our government and they, with their puppets in office felt perfectly justified in leveraging the "free market" to make obscene profits. They rewrote the rules and the evidence is the growing chasm between rich and poor, despite what the whining hacks of corporate media would have you believe.

It's time for that stolen treasure to be returned to its rightful owners, the other 98% of the populace.

Hey Chris, FUC* you.

Obama and his admin need to sharply attack pundits like Wallace who relentlessly attack unions, universal health care, redistribution of wealth, community organizations...etc..., basically anyone who is not pro-corporate fascism.

Look at what's going on right now, and Wallace is complaining that the Pres is too tough on who? Who is the problem here?

Goolsbee rocked!

Squeeze out the middle class until there are only the tiny minority wealthy and the vast majority poor and you get violent revolution. Chris, the choice for you and the rich pigs at the top is which would you rather do? Pay your fair tax share or stand in front of a firing squad?

the harbinger of tomorrow.

... as it is their god given right for belonging to the top of the capitalistic food chain...

Then the terrorist win!

Why do you guys hate America?

)O(

Actually I think what s**t for brains doesn't realize is there's a distinction between rules and laws.

Is there a moral tone? Perhaps in the ears of those who should feel shame in letting down the social contract.

something you can really get a beak into!

almost ALL of the news and
talk shows and stock report shows are peopled
with the rich bastards who are making money
off of everyone else and especially those who
depend on them who have little money to risk.

these show hosts including those like fuckheads
Chris Wallace, billo and crammer will lie to
your face. the problem is that America has been
dumbed down so much, the public thinks these
assholes have their best interests at heart
and don't know that the greed-driven bastards
only want their money and commissions.

nothing will be done until the country and world
are over the cliff and on their way to a hell
of long term duration.

what i hope for people like this is simply for them to be given life experience that teaches them a broader understanding of life. they are like...feet crammed into boxes at a young age, like a stunted leg that was forced into a vise and had to grow there, like skin that has lived only in darkness and is slimy and translucent with lack and so shivers and fears the sun, like a person who simply has had but a limited experience, is not wise enough to know better, cannot draw from places beyond it and yet cannot silence themselves on things about which they know nothing.

and is paid shitloads of money to be such a fool.

yes

Wow, that's some beautiful writing. You rock comrade.

....to quote Jon Stewart...F@#! You.

)O(

He's worried about the tone of an introduction when his buds call Obama Communist, Nazi, Fascist, Socialist...

And probably collect.

how Chris Wallace can even come close to calling himself a journalist. He's not. He's beyond biased. He's partisan.

It's fine to challenge the people you are interviewing. But I have not seen it done in either a "fair" or a "balanced" way.

If you saw his bank account statement you'd probably understand.

The same goes for John King, David Gregory, Wolf Blitzer, etc.

These people aren't where they are by getting a reputation for independent thinking.

The GOP and/or upper class in this country is composed, for the most part, of a bunch of pussies. They want to never have to face a reality where themselves or anyone that they care for is ever denied ANYTHING that they want at anytime, and they want to sacrifice absolutely nothing to make that reality come true.

for the rich, and their spokesman?

A spokesman gets paid.

Free or paid, they are all whores.

I'd bet King would have interviewed Cheney just for the wood...

I was wrong in the use of a word referring to you in a post and for that I apologize. I also apologize for the fact that my own bad form had to be brought to my attention.

{Stop Yelling. SiteMonitor}

which Wallace excels at. As far as the difference between that and being their spokesman, I don't think there is one...lol. Wallace seems perfectly capable of multi-tasking here.

Chris Wallace says: "I understand that hindsight is always 20/20".

Bill Clinton: Well, let's talk about it."

Chris Wallace: "Why didn't you connect the dots and put 'em out of business?"

Bill Clinton: "I will answer all of those questions but first I want to talk about the context in which this arises. I am am being asked these questions on the FOX network."

Clinton continues:...so you did Fox's bidding on this show. You did your nice little conservative hit job on me. It's a perfectly legimate question but I want to know how many people in the Bush administration you're going to ask this question of."

http://www.youtube.com/watch?v=kNoN403tXU4&fe...

Chris Wallace is making his pitch
to save the poor oppressed rich
so I have some words
for him and his turds
bite me you son of a bitch

OD

"Why does Chris Wallace have Fish Lips?"
"Because he's a sucker!"

A doctor can be sued for malpractice. It would be nice if these faux journalists could be sued for dishonest and manipulative journalism.

---

As a benefactor of the Bush tax cuts these last eight years, how many jobs have you created? How much trickle down have you caused? What percentage, after deductions, was your tax rate? Aren't you angry with your party for destroying so much of your wealth last year? Why do you still carry their water? How many people watching this do you think feel sorry for your 3% tax increase (on the amount over 250,000)?

I bet Chris pisses on every poor person he walks by.....

I think there's been a mix up. It just doesn't seem possible that Chris Wallace is the son of famed CBS newsman Mike Wallace. Perhaps he's really the son of George Wallace. My how far this apple has fallen from its tree. I guess because a Fox carried it off...

Fuck the rich, tax them to death. There's almost no way to get rich that doesn't involve fucking your fellow human being out of what they have. I consider my time spent earning my pay equivalent to the blood in my veins and I don't appreciate it being sucked out of me by every mother fucker that runs a corporation sending me over priced bills for their shitty products and services.

Capitalism: The predatory stage of human evolution.

Huzzah to that brother.

the richy-riches of this country should be glad all they're getting is a tax increase . . . for now . . . if it gets worse they'll be dealing with much worse. Someone was talking about when people have nothing left to lose: watch out. So true.

A hungry man with nothing to loose, is dangerous man. A hungry man with a hungry wife, and hungry children, with no home, and a small arsenal of weapons is a VERY dangerous man. Every day there are more VERY dangerous men being made.....

George H W Bush and Mike Wallace are probably thinking the exact same thing. If only we had pulled out sooner.

Rush Limball's supposedly got 1.5 million more in tax breaks under Bush than he is going to get under Obama. That's a lot of Oxycontin. No wonder he rages on air to scare and con his ignorant listeners into going against their own best interests and the very president who will give them a tax break and make his fat ass pay for a change.

You can fool some of the people some of the time but you can fool the 28 percenters all of the time.

RE:

"You can fool some of the people some of the time but you can fool the 28 percenters all of the time."
_______________

Best line I've heard in awhile!!

Mon, 03/16/2009 - 20:05 — sixandseveneights

No wonder he rages on air to scare and con his ignorant listeners into going against their own best interests and the very president who will give them a tax break and make his fat ass pay for a change.
_____________________________________________________________

I much prefer rash pay his taxes in folding money.

against the oligarchy, the security they have hired for their gated communities will be some of the same people they pay only $10 or $12 dollars an hour. I don't think they will be that faithful to their employers.

And these are the people the wealthy have granted access. This could easily backfire on them.

Not if they get first pick of the loot!

Wallace's second quote completely countered his own argument about the first quote.

First he claimed Obama's budget was saying that people at the top of our economy are breaking the rules. Then his guest explained that it wasn't a matter of *breaking* the rules, but of playing under rules that favor the wealthy.

Then his own second quote talked about a tilted playing field, and Wallace again goes back to claiming it's a condemnation of rich people.

Is he that stupid?

Maybe he is, but he knows who signs his paycheck and it's his job to create a smokescreen when the public is in danger of being informed.

I think we need to be flat out honest with the "elite":

Think of us as the Mafia. The taxes you pay are protection. We see you got a lot of nice houses and big bank accounts. We'd hate to see something happen to all that. If you pay a fair share in taxes, we won't let nobody do anything bad to you. But if we find out the richest Americans are dodging their taxes, then they obviously feel that they don't need the police to stop an angry mob from taking everything they have.

Seriously, as a society, can we allow ourselves the extravagance of having a tiny upper class monopolize such a huge proportion of the wealth? They are literally parasites sucking the economic life out of the rest of us. Their wealth does not trickle down. It gets sequestered.

Money flowing up is normal, how it should be. Money forced to flow down is 'wealth redistribution' and is more evil than the devil. Of course, Michelle Bachman is the dumbest person ever elected to national public office.....

I'm alway grateful when people like Chris, explain to me what is is i really think. I'm just not a very good interpetater.

i wish somebody would teach this asshole about kindness and dignitiy. he wishes none for anybody who is not wealthy.

but then again, preaching morals to a fox news employee would be like preaching calculus to my chihuahua. you might get a interested look for a few seconds, but then they would just wander off and go take a dump in the yard and then lick their nuts.

)O(

That's teenagers too.

Know why dogs lick their nuts? Because they can.

Less Fox News clips and more Olbermann or Maddow clips please.

this isn't 'concern trolling' by definition. It's just a guy taking offense because all rich people, let's face it, are like that. They're totally out of touch with reality, and think that the world has to stop and gasp if anyone takes a shot at them, because they are the Greatest! of the Great! and Everybody! Loves! Them!, don't they? WHAT?? YOU mean you DON'T LOVE US??????? Well FUCK YOU THEN.

That's what happens in the head of a Chris Wallace when he reads, sees, or hears something like this. Immediate cognitive dissonance, dismissal, then back to total empty-headedness.

...I suspect Chris's dad must strictly avoid watching his son in action or else he'd have to spend all of his remaining time on this planet puking his guts out. Chris Wallace and the sneering elitist vampires he represents must be repeatedly exposed for the arrogant and predatory liars they are. The problem is that C&L readers might see these monsters for what they are but the corporate broadcasting complex will always have a louder megaphone with more access to the hearts and minds of America.

Having Austan Goolsbee refute and slam a worm like Wallace just isn't enough to clue the audience into how wrong the Fox agenda is. Not when 5 seconds after they are shown to be wrong they can merely begin pounding the drum of lies all over again - it is THEIR network and their megaphone. The conservative worldview will be POUNDED into the minds of the audience come hell or high water with these slimy millionaire TV talkers 'just doing their job'.

Grow up, Wallace. Your dad should whip out the belt and tan your ass once and for all.

The apple has fallen off the tree, rolled down the hill, drifted away in a dingy creek, and settled in a toxic waste pond. Enjoy your ill-gotten salary at FuxNoise, Junior, you prostitute.

I say raise the taxes on the wealthiest untill they start jumping from the tallest buildings. Then back the tax rate down one percent. Problem solved.

54 comments

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