THE DOW AND S&P END THE WEEK
WITH GAINS.
[♪]
LARRY: HELLO, FOLKS, WELCOME TO
"KUDLOW."
I’M LARRY KUDLOW.
IT’S FRIDAY AND IT’S TIME FOR TO
US REVIEW A MOVIE.
THIS IS A REVIEW OF AN OLD
MOVIE.
BUT IT’S A FANTASTIC OLD MOVIE,
AND IT GIVES US A SNAP SHOT OF
THE FUTURE.
YOU WILL QUICKLY RECOGNIZE THE
MOVIE AS THE UNTOUCHABLES.
IT’S A FABULOUS MOVIE WITH A
GREAT CAST.
BUT SECOND WHAT’S IMPORTANT
ABOUT THIS MOVIE IS THE IRS HAVE
GUNS.
THEY ARE USING THEIR GUNS AND
THEY ARE USING THEIR GUNS ON THE
BAD GUYS, I GUESS THE AL CAPONE
MOBSTERS AND THEY ARE USING
THEIR GUNS TO SAVE BABIES.
WE ARE GETTING A TASTE OF THE
IRS AND THEIR SHOOTING
CAPABILITIES, BECAUSE IN THE $80
BILLION FUNDING FOR THE 87,000
ACTS, THE AGENCY IS PLANNING TO
HIRE AT LEAST 1,200 ADDITIONAL
ARMED AGENTS.
AN OPEN THE BOOKS REPORT SHOWS
EVEN BEFORE THE $80 BILLION
INCREASE IN FUNDING THE IRS
CRIMINAL INVESTIGATION DIVISION
WAS ALREADY HEAVILY ARMED WITH
4,600 GUN STOCKPILE, INCLUDING
3,282 PISTOLS, 621 SHOT GUNS,
539 RIFLES.
15 FULLY AUTOMATIC FIREARMS.
FOUR REVOLVERS AND 3.1 MILLION
ROUNDS OF PISTOL AND REVOLVER
AMMUNITION.
1.5 MILLION RIFLE ROUNDS AND
357,000 SHOTGUN ROUNDS.
THIS MAY NOT BE A LOT FOR THE
U.S. ARMY. BUT I WOULD LIKE TO KNOW WHY ARE
A BUNCH OF NERDY ACCOUNTANT
SUPPOSEDLY, WHY ARE THEY ARMED
TO THE TEETH.
APPLICANTS ARE NOTIFIED THEY
MUST BE WILLING TO USE FORCE UP
TO AND INCLUDING THE USE OF
QUOTE-UNQUOTE DEADLY FORCE.
BEFORE WE SHOW YOU THIS DRAMATIC
MOVIE CLIP WHICH IS REALLY BACK
TO THE FUTURE, I CONFESS, EVEN
THOUGH I OPPOSE THE 87,000 NEW
ACTS AND THE SPENDING LINE ITEM.
I THOUGHT IT WAS A BUNCH OF
ACCOUNTANT SITTING AT THEIR DESK
DOING SPREADSHEETS.
LITTLE DID I KNOW WE ARE GOING TO SEND THEM INTO THE FIELD
ARMED COULD THE TEETH TO TAKE ON
CRIMINALS WHO MAY MAKE A MISTAKE
ON THEIR TAX FORM. UNBELIEVABLE SCENE.
DON’T WORRY.
ANDY GARCIA IS GOING TO SAVE THE
BABY IF YOU HAVEN’T SEEN THE
MOVIE.
BUT THIS WHOLE THING IS AN ODD
STORY.
SINCE THE BIDENS HATE GUNS AND
ARE ALWAYS PRESSING FOR NEW
LEGISLATION TO TAKE YOUR GUNS
AWAY, LET ME INSERT AS A
SUPPORTER OF THE SECOND
AMENDMENT, I DO NOT AGREE WITH
THE BIDENS IN TAKING YOUR GUNS
AWAY.
BUT ARMING IRS ACTS, I THINK I
MIGHT -- IRS AGENTS, I THINK I
MIGHT HAVE A PROBLEM WITH THOSE
GUNS.
THE AGENTS HAVE BEEN
ACCIDENTALLY FIRING THEIR
WEAPONS MORE OFTEN THAN
INTENTIONALLY FIRING.
THEY ARE NOT WELL TRAINED
APPARENTLY.
AND THEY TRY TO CONCEAL THE
DATA.
AND THEY HAVE A HIS OF
CONDUCTING ARMED RAIDS ON
INNOCENT AMERICANS.
NOT WITH STANDING THE HEROISM OF
ELLIOTT NESS AND THE
UNTOUCHABLES, I JUST DON’T ANY
IN MODERN TIMES IRS ACTS SHOULD
BE ARMED.
IF WE ARE TALKING ABOUT GOING
AFTER DRUG CARTELS, DEA AGENTS
SHOULD BE ARMED.
THAT’S THE MODERNIZED AL CAPONE
ANGLE.
THE DEA ACTS SHOULD BE ARMED.
PROVIDE MAXIMUM FUNDING FOR
POLICE THROUGHOUT THE COUNTRY.
BUT NOT IRS AGENTS.
REALLY?
AREN’T THEY INVOLVED MAINLY IN
ACCOUNTING DISPUTES?
IF A SUCCESSFUL SMALL BUSINESS
PERSON HAS A DISPUTE WITH THE
IRS OVER A 1099 FORM, DO I WANT
THE AGENT TO PULL OUT A GUN OR
OTHER DEADLY WEAPON?
I DON’T THINK SO.
I KNOW THERE ARE A LOT OF AL
CAPONES OUT THERE.
BUT THAT’S NOT THE IRS’S JOB, AT
LEAST I DON’T THINK SO.