You're watching...

Huckabee: Facebook employees are living the American dream

Details

  • Description

    Former Arkansas governor on social network's debut, Wall St. protests

  • Duration 3:26
  • Date

Clips

Also in this playlist...

Biggest Names in Business

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Two cities two very different tales -- saying -- -- mark Callaghan and that's on your left thousands celebrating their.

Newly minted millionaire status despite today's relatively lackluster -- -- a lot of money.

And then -- Chicago on the right thousands demanding a Robin Hood tax on stock trades seem to punish all stocks on Wall Street.

Group is doing more for America today governor Mike -- says around.

Great to see you -- interesting juxtaposition well it is it is special to see all of these young people out there who were coming millionaires today.

And you wonder how long is it going to be before they become conservatives and Republican -- that once -- start to you know getting hit.

Not only with the high taxes but with the demonization of the fact that they have become overnight wealthy.

Now when I say overnight some of -- worked for years to -- -- the point.

And they have taken some risk and they have had the right talents.

You know I don't for -- and I just wish it -- me.

I was looking at some of these aerial shots are taking this morning because it was an unusual NASDAQ opening and -- were all on California's -- And then as the thing dissipated after the opening on on Wall Street which was really out there.

You -- heads -- shots.

A small groups of them talking and I could swear it's a good -- -- -- but in the conversation -- I want my house on the ocean know what about you know I wanna be.

Just across the street for an innocent but I think you're all ready planning how to enjoy their riches and god bless -- but.

They don't now there's a government.

It this is another in California but the federal government that wants a big chunk of that.

Well and the people in Chicago where essentially part of that group that thinks that the government ought to go -- there and taken away because after all surely if you made money you couldn't have done -- honestly.

And -- -- it this way that this is what most.

There's -- and that -- the starter crown aboard.

-- -- -- -- -- Well and and that I really think it would be interesting to have some of those very young and still in their twenties I mean -- twenty years -- nineteen billion dollars.

That's incredible.

But you know -- that's capitalism and if people are willing to pay that kind of money to buy a stock then that's -- what -- -- Up to this threat I don't know Zuckerberg zooms in on the subjects are apologized but a lot of folks that's a -- Silicon Valley the gazillion bears down on because -- -- -- Canada.

Go to guy for them right.

They say.

That they like to present it to dissipate more taxes and I think there's a big differences in billionaires and multi hundred millions and just the tune of 50000 over.

Well there sure is I mean look let's face it mark Zuckerberg could pay several billion dollars and it can affect his lifestyle there's nothing you can take away -- -- -- and I -- that.

Cast a -- I was out to pay every dance texts and that's -- -- that's a wonderful thing.

There there is a point which if -- Warren Buffett if -- Bill Gates now you don't care if your taxes -- -- race doesn't affect you.

But if you're a small business owner and your gross income.

He is 500000 dollars -- out of that you pay all your employees you pay all those things that you -- you're really not wealthy -- you'll get demonized for the president by the Democrats and Joseph Beimel say you don't have a dream.

-- real quickly on a short list for vice president.

You know them now I think you've -- must must have misunderstood I have not had the phone call and -- didn't -- have.

The strongly enough okay thank you for bringing that up you got an argument that that doesn't catch him this -- -- all -- and during the break.