Video: Kevin O'Leary mouths off about Chris Hedges, taxes, Ayn Rand, and asset bubbles

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      CBC broadcaster Kevin O'Leary dropped by the Georgia Straight today to discuss his new book, Cold Hard Truth: On Business, Money & Life.

      I took advantage of the opportunity to ask O'Leary, a self-described lover of money, if he thinks he should be paying more tax. The answer, of course, was "no".

      I also asked why he was so obnoxious when he interviewed Chris Hedges about the Occupy Wall Street protest.

      "I don't want to insult anybody," he said. "That's not what I do. But I will attack an idea that I think has no merit and is bankrupt."

      The Lang & O'Leary Exchange producers said they were sorry for O'Leary's approach, but alas, he is not apologetic.

      I dare you to sit through both of the videos below:


      Kevin O'Leary says he wants to pay less tax.


      Kevin O'Leary says he prefers Ayn Rand to Linda McQuaig.

      Comments

      16 Comments

      alexthegreat

      Oct 25, 2011 at 9:06pm

      Vile. Despicable. Pathetic. Hard to understand why harper wants to cut CBC funding when they give this man a podium.

      Sheeple

      Oct 25, 2011 at 9:54pm

      So let me get this straight this oh so great capitalist sucks of the State Funded Socialist TV Teat? How hypocritical is that?

      His a throw back to the 80's the world is moving on by people like him.

      Sholivier

      Oct 25, 2011 at 11:06pm

      Really? I thought Mr. O'Leary made is arguments very well. Mr. Smith could have done a better job of conducting the interview (another microphone for starters). If this was debate class, O'Leary takes it hands down.

      uknow

      Oct 25, 2011 at 11:14pm

      This guy is the poster boy of what's wrong with our economy.

      Ke Dongshan

      Oct 26, 2011 at 3:39am

      Mr. O'Leary speaks well, and is convincing, from a theoretical point of view. The fact is that user fees on services and ultilities would be very punishing on the poor segments of the population. Some people might argue that BC Ferry fares are a form of user fees, but actually they are a means of extra taxation for those directly using the service on top of taxes already paid to fund ownership of the utility. Also, about lowering corporate taxes to ZERO: Just because this might happen does not guarantee capital flights to Canada. The government must ensure a trained, educated and healthy population provided by -GUESS WHAT- tax dollars, or else the corporations have to pay for these to their workers. Better a little taxation and a decent rate of return than no taxes and a burden to provide own services. So, Mr. O'Leary, based on these examples alone, operates in a world of supply side textbooks and Atlas Shrugged, and not reality.

      Etvlan

      Oct 26, 2011 at 4:31am

      Of course O'leary does not want to give up his money for taxes, he stole it fair and square.

      D. Zaster

      Oct 26, 2011 at 5:21am

      I strongly suspect that this guy is much less rich and much less of a dealmaker than he pretends to be. He sells himself so hard - he has obviously studied Donald Trump very closely and aspires to be the Canadian version thereof. Like Trump, his primary source of wealth is his own self-created brand, not real capital in a real business. Why seek to emulate a two-bit hustler and serial bankruptcy case?

      The irony is that the model of prosperity O'Leary touts ("tout" being the operative word here) - deregulation, reduction in government revenue, shifting the tax burden off corporations and wealthy people - has failed spectacularly in the United States. Rampant speculation without adequate taxation and regulation hasn't created wealth, it has destroyed it. O'Leary is a cheerleader for economic delusion and failure. But who cares about this result, as long as Kevin adds to his net worth?

      kenneyboy

      Oct 26, 2011 at 5:42am

      I don't like my tax dollars going to a repulsive human such as O'Leary via his paycheque from the CBC. They ought to toss him, with Cherry to boot!

      Point of Order

      Oct 26, 2011 at 5:46am

      Kevin O'Leary is a disgrace to good journalism. In his own words he "Attacks" ideas he believes have no merit. This not what a Journalist does... journalists are not rabid pitbulls. You debate an idea, you present a well documented case. You study the issue in all its myriad forms. Whether you agree with Chris Hedges POV or not... any fool can see that O'Leary was not prepared, did not know the information and had jumped to his usual conclusions. First rule of Good Journalism.... Assume you are wrong, gather evidence to prove that you are wrong and hopefully in doing so support a case that is the more truthful arguement. If you saw the Chris Hedges interview, it was embarassing. I only thank God that there are still people like Chris Hedges who can keep their cool and do their best to remain calm.

      Capitalist?

      Oct 26, 2011 at 6:55am

      Thankfully, I only recently heard of this buffoon, thanks to the internet I rarely listen to CBC or watch it anymore. In fact, I only heard about this goof b/c of his disgusting mistreatment of Chris Hedges, which I watched on You Tube.

      So I don't know his personal background. But could someone tell me, how does being a talking head on CBC qualify you to be a "capitalist". Maybe, like another "capitalist" cum TV Goof, Donald "my hairline is 2 cm from the bridge of nose" Trump, O'Leary did make his money as a financial parasite (which arguably has little to do with capitalism), may he sold widgets, but was he a 'capitalist'.