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Icahn: GOP Will Lose Election
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Billionaire Investor Carl Icahn, Icahn Enterprises chairman, weighs in on the 2012 election, and why the GOP will likely lose.
- Duration 3:40
- Date Jan 12, 2012
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Billionaire Investor Carl Icahn, Icahn Enterprises chairman, weighs in on the 2012 election, and why the GOP will likely lose.
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-- just leave -- at the it looked I I think.
-- -- bit we have we have real problems and our economy beat.
Baby there -- look out for awhile you know what this -- ought to go to -- -- keep printed money up forever.
And you really have been the real problem on -- so problem analyses.
And that's like I just think -- that.
Something has to be there has to be done I -- I don't think it's gonna be done.
By by just issuing issue issuing body is forever and you have.
But a real problem -- would be.
Without would have without employment -- so what do you do I -- and I think Republicans have sort of put -- nail on the corset -- I think that -- big bear and an analyst.
Yeah I don't like the Republicans -- gonna lose -- I think it's good respect I think that the message is bad but just because of this Fayette.
But the message is the sort of bad what they are so obsessed about the deficit.
-- -- You know there is a problem the deficit.
-- but it is slow and I and again there's a problem printing up money but that's what saint.
They did go to attitude keeps -- -- -- all we got to stop the government from legal changes don't.
I mean this this -- right wing thing.
-- just given.
-- what why would W was unemployed -- somebody is -- a better job.
Both for somebody to keep saying okay it would get subsequently that we get a -- static -- and I think it's going to be very different.
Spoke to get went on us that person who's supposedly has been benefiting from that spending and they're unemployed -- really haven't.
On feels is nothing to lose by just doing something else.
-- -- -- -- What what what do you tell them you're gonna say okay it would -- assessment that money now -- and adherence is bad negotiable fellowship California if you -- -- stop -- that.
What they should be -- and a message should be.
Would it would -- device companies.
To invest as it would get -- give tax breaks to companies to invest and to create jobs and but Republicans are really side of that.
And and I -- cannot say that because they have compared it to the -- body and what should be done.
Is is go out and -- that message and I don't think any of overdue and that -- They're eight you know like I think Romney does obviously -- business but it but I don't.
No that he come out and say that lord that he even believes that I'm told -- -- -- this but I think there's going to be a real.
We -- probably domestic Obama's gonna went right I think so I mean look I'm not I'm not.
I'm not in fact.
Is if the economic message of the Republicans is simply to say.
Let's stop spending.
It's like having a patient and you still do have a sick patient yeah bad news is started them over the -- you know I think that's what.
Stop spending goes right cap I think you have to give tax breaks you have to incentivize business.
But I'm not so sure that this obsession with the deficit -- the next year to you could live without -- with a with a deficit.
And -- that -- to attack Bernanke.
Has as Gingrich did to Gingrich went and attacked Bernanke and and I honestly think Bernanke saved us.
Because there's there's a school of thought of that there's a lot to get a -- that you should look at the -- at the picture view was very nice.
I'd like to see it as -- Gloria why I was over black and white pictures of myself or none at all.
But I mean it's not that bad but -- -- -- seriously thank you very.
I'm not well I don't just say there's a -- Bernanke you know you do aggression -- Bernanke some good company at now is that there is that there has -- -- Carl that's you know there are very much Carl -- realistic.