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You welcome finance ministers -- yet another one of those G-20 meetings will meet next week.
Will discuss -- Robin Hood tax a tax on financial transactions -- probably won't go anywhere.
But Republicans like Paul Ryan.
Disagree with progressive politicians like senate candidate Elizabeth Warren in Massachusetts.
Who believes that wealth needs to be redistributed.
By any means necessary.
There is nobody in this country who got rich on his own.
There are you pretty clear you and your goods to market -- the -- the rest of his -- for you.
Yeah hi I'm workers don't -- -- us.
Hate to educate this is what I call the fatal conceit of progress -- -- Com.
It's upside down if the presumption.
Money and wealth mating created in America is the governments in less than the Natalie it's -- back to people.
Unless they bring it back to people the first crazy lady is -- -- Elizabeth Warren wants to be a senator from Massachusetts.
Second -- saw the more sober of the two.
Was congressman Paul Ryan will new taxes on the rich solve anything.
Here now to discuss is Matt lost Matt Welch of reason magazine editor in chief -- Matt welcome back.
To freedom watch is always a pleasure at what do you make of Elizabeth Warren's comments.
That everybody who succeeded in doing anything.
In the United States of America has been successful because of the government and therefore they -- government.
Money for that success.
I think it's the best advertisement I've seen in a long time.
For limiting the size and scope of government it's terrifying.
If the people who have the power to confiscate our money to spend it how they see fit to regulate us to put -- in jail if those people.
Think that government that that he.
Depends on the government rather than vice Versa that there's no upward limit on what sacrifices they are going to ask -- us impose on us this is the kind of mindset.
That leads to a military draft -- that the selective service.
Which we still have shamefully in this country -- for calls for national service and things like that -- this is wrong and that's verify.
This this is what's confounding to some extent -- about the young people demonstrating around the countries you know we sent our produces some of -- you know down there.
To interview them I got happy when they said and the war in happier still when they said and and the Fed I was hoping they'd say and the IRS but they're not.
They want the IRS -- -- wealth.
And re distribute -- they don't understand that the problem.
Is not too much capitalism the problem is not enough capitalism.
That there are opportunities in the future have been taken away because of crony capitalism because of the government picking and choosing winners and losers.
And they seem to feel that the government should now -- -- winners and losers and that the winners should be yeah.
The vin diagram of Occupy Wall Street and the Tea Party movement.
The thing that people agree on and it's worth talking about is that crony capitalism it's that.
Bailing out rich people's mistakes this is wrong it's immoral because all kinds of economic troubles it's what we should be focusing on letting.
Especially the largest and most well connected.
Organizations corporations and governments agencies as well.
Letting them fail as opposed to trying to figure out how to kind of draft bailout economics on to the individual level which a lot of people are advocating unfortunately.
-- make for all of us the argument that successful people do not -- their success.
To to the collective society.
Two to the government to the people that we're here before them and start on the sidelines and watched.
I would put it this way when Martin Luther King stood up on the National Mall.
He did not quote in that speech.
John F Kennedy's inaugural address talking about to ask not what you can do for your country -- -- -- what your country can do for you believe -- for your country he quoted a declaration of independence.
Which talks about our inalienable.
Rights as a the foundation of what we're talking about as it as an -- that we should keep.
Who grew going towards it is the notion that the rights exist with us and that government exists to protect those rights and not cross the boundaries.
Elizabeth Warren has it exactly backward.
I sometimes get a kick out of people like Paul Ryan.
And and I like him very much as a as a person is charming intelligent serious thinker but when George Bush was in the White House he voted for TARP.
He voted for both the President Bush's stimulus programs he voted for that Patriot Act now we have a Democrat in the White House votes against that stuff can we rely.
On what about Paul Ryan's say -- -- that only the small government types like John Duncan and Ron Paul who frequently visit the show.
That we can rely on.
I think we can rely on an almost nobody out there wrong Paul and Rand Paul.
Are close to about the only people that you can truly rely on.
Fact is power crops and when your team is in power you vote for that team period there are very few principled.
Politicians out there and we need to stop.
As consumers of politics and victims of politics on some level.
We need to stop what is hero complex expecting.
These leaders to do anything go up -- is worth worth a damn we need to create our own reality.
Our own freedoms and part of that is to recognize.
Not that you can't depend on these guys -- was it's a pleasure thanks for joining us thank you judge.