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Jon Stewart Takes On Fox News' 'Class Warfare' Claims (VIDEO)

Posted by on Aug. 19, 2011 at 10:13 AM
  • 23 Replies

Jon Stewart Takes On Fox News' 'Class Warfare' Claims (VIDEO)

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On Thursday night's "Daily Show" Jon Stewart took a break from speculating about the GOP presidential race and did a lengthy segment on conservative pundits' contradictory views about the rich and the poor when it comes to deciding how to lower the deficit.

While the GOP wants to make low-level spending cuts to social, educational and other programs, President Obama and company suggest taxing the mega-rich. So it was pretty surprising this week when Warren Buffet wrote his op-ed saying he and his millionaire cohorts ought to be paying more taxes. Fox News called it "Class Warfare," with one pundit even calling Buffett a Socialist, which got a hilarious reaction from Stewart:

"You really have no f**king clue what Socialism is, do you?"

Stewart argued that closing corporate tax loopholes and raising the marginal tax rate to raise $700 billion over 10 years would be favorable, but a montage of Fox News hosts showed how they believe differently. They claim that Obama's plan is "demonizing" the rich and the "private jet class." Another argument is that it wouldn't even "make a dent" in our debt.

In the second segment, however, Stewart shows how the same pundits feel about the same taxes being implemented on the poor. It turns out they don't have the same "why bother" attitude, as another montage showed, when it comes raising their taxes or cutting their programs.

"All we have to do to raise $700 billion is cut 7,000 NPRS. It's almost too easy!" Stewart joked.
The most eye-opening part of the Stewart's bit occurs when, like the pundits he's mocking, takes out pen and paper and devises a plan he assumes Fox News would enjoy: The bottom 50% -- which controls 2.5% of our national wealth -- has $1.45 trillion. To raise $700 billion we just take half of everything they own! It's that simple.

Watch both clips below to see the full segment, including Stewart's reaction to Fox News' audacious break down of what constitutes "Poor." Surprise: if you have a refrigerator you probably don't need any financial assistance.

http://www.huffingtonpost.com/2011/08/19/jon-stewart-rips-fox-news_n_931177.html

video

by on Aug. 19, 2011 at 10:13 AM
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Replies (1-10):
Raintree
by Ruby Member on Aug. 19, 2011 at 10:37 AM

This needs a great big BUMP!

Shame on us.

PurdueMom
by Sherri on Aug. 19, 2011 at 10:43 AM

Please watch Part Two, as well.

The poor's free ride is over.


...... Dammit.  I'm trying to post the link the Firefox won't let me.


http://www.thedailyshow.com/watch/thu-august-18-2011/world-of-class-warfare---the-poor-s-free-ride-is-over

Sherri

Imagine.

sweet-a-kins
by Emerald Member on Aug. 19, 2011 at 10:43 AM


will they take the refrigerator too? or leave us with only that?

Oy vey....

Watch both clips below to see the full segment, including Stewart's reaction to Fox News' audacious break down of what constitutes "Poor." Surprise: if you have a refrigerator you probably don't need any financial assistance.


 

yourspecialkid
by on Aug. 19, 2011 at 10:47 AM

I would like to know what is considered to be the "fair share.'  It burns me that I am considered one of the evil rich.  What I am is someone that raised by a single mom...with barely 2 nickels to rub together.  I put myself through college working 2 jobs and worked 2 after.  I made wise choices and now I am a business owner...I create jobs and I pay a living wage...........by the time you consider all the taxes my family pays it is 50% of our income..that isn't a "fair" share?

Thomigirl
by Platinum Member on Aug. 19, 2011 at 10:49 AM

BUMP!

denise3680
by Platinum Member on Aug. 19, 2011 at 11:03 AM

lol, damn those "poor" people for wanting cold drinks or not wanting their food to spoil.  Maybe they should eat out more:)

Raintree
by Ruby Member on Aug. 19, 2011 at 11:04 AM


Quoting yourspecialkid:

I would like to know what is considered to be the "fair share.'  It burns me that I am considered one of the evil rich.  What I am is someone that raised by a single mom...with barely 2 nickels to rub together.  I put myself through college working 2 jobs and worked 2 after.  I made wise choices and now I am a business owner...I create jobs and I pay a living wage...........by the time you consider all the taxes my family pays it is 50% of our income..that isn't a "fair" share?

Well. If you're poor and have a refrigerator- apparently that places you in the 'has too much technology' class. Therefore- no fridge for you. You pay taxes with that 10 year old fridge.

If you're wealthy, you've really got nothing to worry about.

The bottom 50% of earners own 2.5% of the nation's 'wealth'- including their fridge. If they must pay, so should you. Just thank your lucky stars you aren't living in the 1950s! Oh how difficult that was for the wealthy!

ashellbell
by shellbark on Aug. 19, 2011 at 11:59 AM
I watched this last night and my side hurt from laughing so much. Only 700 billion?
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GLWerth
by Gina on Aug. 19, 2011 at 12:09 PM

So, when you were growing up with that single mom, you didn't have "luxuries" like a refrigerator? Did you live in a building or a cardboard box?

Are you a billionaire? Are you a millionaire? Are you part of the top 4%? If you are, then either you have a crappy accountant or you are being less than truthful about your tax burden.

DH and I are comfortable. We're neither particularly wealthy nor are we poor. We pay taxes. We pay a lot of taxes, but in the end, we realize that taxes are the price we pay for living in a society.

If you don't want to pay any taxes, move to Somalia....they don't have a functioning government, but there are no taxes. The poor don't get anything from the government except an occasional shot in the head.

Quoting yourspecialkid:

I would like to know what is considered to be the "fair share.'  It burns me that I am considered one of the evil rich.  What I am is someone that raised by a single mom...with barely 2 nickels to rub together.  I put myself through college working 2 jobs and worked 2 after.  I made wise choices and now I am a business owner...I create jobs and I pay a living wage...........by the time you consider all the taxes my family pays it is 50% of our income..that isn't a "fair" share?


nanaofsix531
by on Aug. 19, 2011 at 12:32 PM

Very well said. 

Quoting GLWerth:

So, when you were growing up with that single mom, you didn't have "luxuries" like a refrigerator? Did you live in a building or a cardboard box?

Are you a billionaire? Are you a millionaire? Are you part of the top 4%? If you are, then either you have a crappy accountant or you are being less than truthful about your tax burden.

DH and I are comfortable. We're neither particularly wealthy nor are we poor. We pay taxes. We pay a lot of taxes, but in the end, we realize that taxes are the price we pay for living in a society.

If you don't want to pay any taxes, move to Somalia....they don't have a functioning government, but there are no taxes. The poor don't get anything from the government except an occasional shot in the head.

Quoting yourspecialkid:

I would like to know what is considered to be the "fair share.'  It burns me that I am considered one of the evil rich.  What I am is someone that raised by a single mom...with barely 2 nickels to rub together.  I put myself through college working 2 jobs and worked 2 after.  I made wise choices and now I am a business owner...I create jobs and I pay a living wage...........by the time you consider all the taxes my family pays it is 50% of our income..that isn't a "fair" share?



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