Episode 119 - Corporate Taxes, Libya Policy and GOP Presidential Politics

Podcast Episode Summary

This is the episode where everything gets turned on its head. It's Glenn who takes on the big corporations and their scheming ways this week, pointing out that GE in 2010 paid no taxes. Jeff takes on the big banks as usual, calling for the restoration of Glass-Steagall so that banks can start acting like banks again and pump money to small businesses and help grow the economy. Jeff also talks about some lobbying the banks are doing to protect their high fees on debit and credit cards, otherwise known as free money for banks, from being repealed or restricted. They then dive into the Libya policy and explain that it's really about payback for cheap gas for France and the UK for their support for our wars in Afghanistan and Iraq. Finally Jeff offers up an interesting view of the average GOP caucus voter in Iowa, and how the IA party is in danger of marginalizing itself in 2012, with social issues taking the lead in Iowa, but not elsewhere. Gone are the days when as Iowa goes, so goes the nation? Always irreverent and informative, it's PoliTalk, your weekly political podcast. Hosted by Jeff Kimball and Glenn Gaudet.