tv [untitled] April 8, 2011 6:00pm-6:30pm EDT
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below to show where you'll get the real headlines with none of the mercy i can live out of washington d.c. now as the clock ticks down it looks as if a government shutdown is imminent but what's become the big news this debate is no longer about money but it's about defunding planned parenthood so is congress really going to let abortion shut it all down then it's the birthplace of the i.m.f. or the world bank and now there's another major financial conference underway and
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bretton woods new hampshire will tell you who's there and what's being discussed with our chief financial correspondent lauren lister i will introduce you to a man who thinks that obama needs to be impeached over his decision to intervene in libya we invited him on the show to explain for himself why obama needs to step down as the commander in chief and more than one hundred senators and congressmen are asking to d.o.j. for more federal obscenity prosecutions they say that we know the damaging effects of obscene pornography but do we really are going to host a debate on that and it's friday so let's make a toast to all the stories making headlines this week our producer jenny churchill and a realist idealist lab's j. crew will join me at the end of our show but now let's move on to our top story. it's friday it's six pm and as of now congress has not reached a deal on a budget which leaves only six hours until the midnight deadline which makes the likelihood of a government shutdown look very very real and as we watch this painful debate
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between democrats and republicans drag on over the last few weeks on thing has become very apparent that this is not about money or the budget or cutting government spending democratic leaders have made it very clear that this is about politics as republicans have made defunding planned parenthood the political writer that they just can't live without so why is it that as our government stands on the graying of shutting down it all once again comes down to abortion joining me to discuss it is j.p. frere senior communications strategist at new media strategies g.o.p. thanks so much for joining me tonight thanks for having me first of all. six hours to go it's really going to happen are we going to have a shutdown or not well i thought you said you know it's six pm do you know where your congressman is i mean right right now i think that we're probably going to have a shutdown i don't i don't think that the republicans are going to let go of this and i'm not certain if that's a mistake i just know that it is controversial as you pointed out it looks like a social issue is taking charge but let's let's keep in the social issue is taking
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charge doesn't look like it will happen it will but look at what the report republicans initially promised they said that they would do sixty billion dollars in cuts and we so far we've only seen an agreement or about thirty eight billion so this is the one thing that also democrats can't do without i mean it's almost everyone slinging mud at each other being like well the republicans can't live without this and republicans are coming back with what the democrats apparently can't live without this they neither does he think about any in financial terms in frank parenthood n.p.r. really these are just miniscule tiny little portions that when it comes down to the money and right now we know that they're bickering over maybe three billion maybe five billion maybe seven billion dollars in difference but i just don't understand how you can try to claim that this is about money when we're down to the wire and it is all over planned parenthood and you know to be quite honest it's over a false assertion that federal funding goes towards abortion and somehow republicans just like to ignore that well if it does offset the amount of money that they have to put they put it right i mean if you give money in one area frees
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up money elsewhere right i mean we can both agree that that's what happened so we both have done our books recently because we're looking forward to tax day but the scary thing here is that you still have state that you still have the looming benefits crisis the entitlement crisis you have all these areas where no serious headway has been made and democrats and republicans are caught up over this one thing now again this is still well i sort of this is an important thing to be caught up over here if you are a democrat right because just think of how many i honestly believe that planned parenthood provides a very very good in their. important service for a lot of women in this country especially lower income women ninety seven percent of what they do has nothing to do with abortion so if you're talking about offsetting costs same thing also so they have three percent left over it goes towards abortion that isn't out of federal money but we're coming right towards this entire showdown over in title misspending that's going to be now we have paul ryan's plan that's going to be for the twenty twelve budget in the meantime can we
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just figure out because i feel like it's going to get so much worse come september i think it's because if you're if you're willing to take this whole budget situation seriously you need to look at this forty billion as being not enough i mean it is a compromise but it's a really bad compromise because you know this is as far as democrats are willing to go and this is only a small fraction of it and i think that's really what it what it comes down to is not republicans just using this as a social issue i think that they're looking at it as look we need to cut everything we need to look at the things that we can really sort of get out of it i think that you're overestimating a little bit the divide just between democrats and republicans here because if you think about it a lot of republicans aren't necessarily onboard either when it comes to cutting entitlements spending right it's the tea partiers we now have this dividing a force in the middle that likes to be the rebel and the other two parties i mean if you think about a bill necessarily in line well what's interesting about the tea party though is that you know the polling shows that it is comprised of a lot of actual independents people that don't necessarily consider themselves republican that are trying to pull the republican party and even the democratic
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party towards a more fiscally sound situation and of course they're just going bizerk over this and they should be tell me this the one thing that both of the parties i think are very happy that nobody seems to be wanting to mention is that suddenly defense spending isn't even an issue anymore suddenly both parties have completely shut up about the fact that everything should be on the table and they're very happy to lead defense right on through scot free right now well that's i mean that is a shame because it does make up a huge part of the budget i think that every should be getting money from i mean it's not it's not the only place but it's definitely one of the places and i think that the problem is the author. it's nobody wants to say they they denied troops the funding that they needed because we have them in so many different places right now in the world looks very uncertain god knows that the next thing that happens is we have another flare up in the middle east where we have to respond and we actually have to respond if if that's the case and then we don't have the money for it i think that they're very concerned everyone is too scared to say at the bottom end of the day you're not going to be denying troops the funding that they need
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because there's still plenty of money going around so that i think anybody can easily point to the pentagon and point out some kind of waste point out some kind of a program you know that's going to the military contractor that's taking twenty years to get it done where the budget just keeps rising every single year yes senator tom coburn of oklahoma republican bill has been doing that for a great deal of time and you know i think that a lot of conservatives do well to follow his lead who do you think obvious is the question that everyone is asking is who's going to be to blame if in fact it has come down to the showdown i think the spotlight is on republicans right now i think there's a lot of scrutiny happening republicans promise that they'd be able to do one thing and they're running into a lot of opposition so that's making it very difficult and putting a lot of pressure on boehner to get something done and i think they're definitely using this messaging where it is i think democrats have come out very strong today making sure that everybody knows that the republicans have made this about politics about planned parenthood about abortion and the republicans have big fairly silent they don't really have
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a good unified answer while the republicans would have done better if they had just said this all could be avoided if democrats come along with these specific things and if they come up with you know more cuts here but they haven't really been highlighting got as much as they should have and so now i think that they're getting some light on their fights think i think you have a good point there which is that if the democrats really wanted to make the republicans look bad they can come up with a better counter offer themselves right they aren't doing that either so i think everyone's to blame but the republicans more as they were greeted by j.p. thanks so much for joining us tonight place for having me and there's so much more coming up on the show bretton woods conference where the biggest names in the financial sector of come together. to discuss how to fix the world's economy and remake the financial order parties lauren lyster is their actual fill us in on what exactly is obvious from that and will introduce you to a man who thinks that president obama should be impeached was first find why he thinks the president should step down when the rich are. getting some love to see a story and it seems so for like you think you understand it and then he did
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something else here so you saw the part of it and realized everything is ok if you don't. charge bloggers a big picture. let's not forget that we have an apartheid regime right now. i think the rock the beautiful and funny well. we haven't got the shows here for keeping safe get ready because of the freedom.
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hey guys welcome michel intel on the ellen show with part of our guest stop to sound the topics now i want to hear from our audience just so i can use you to video response or to twitter for part of the question that we've posted on you tube every monday and on thursday when the show your responses we played your voice be heard. now as we discuss how the government shutdown will affect the country and the
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everyday american let's turn our focus to another area where peroration corporations are making headlines lately for not paying their taxes all the rest of the country is struggling to figure out how to budget the increasing debt so at this point maybe we should ask are we facing a budget crisis or is it a revenue crisis artie's christine purcell has the story. and it fuels the economy with innovation with jobs and yes with wind but it turns out not with tax dollars general electric one of america's oldest corporations is also one of america's most creative at least when it comes to doing taxes a new york times investigation found that in two thousand and ten g.e. reported worldwide profits of fourteen point two billion dollars five point one billion of which came from its operations in the united states but its tax bill in the u.s. was zero in fact g.e.
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claimed a tax benefit of three point two billion dollars according to g.'s website the company paid what it owes under the law and g.e. is right thanks to heavy lobbying legislation passed allowing companies to keep much of their profits overseas or tax rates are lower and it's not alone google also benefits from laws passed here in washington because it keeps its money here in ireland near its dublin headquarters well the corporate tax rate in the us is thirty five percent it's just twelve percent in ireland from their profits are sent to its brim muta subsidiary a mailing address where the tax rate is zero if the practice bloomberg news reporter jesse drucker says is common the question is does it make sense for a company creating intellectual property in real us as the majority of its employees in the us is it sound tax policy capital of its profits overseas attributed. mailbox in bermuda it's a question many are asking the specially in the midst of an economic crisis
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economists estimate that the u.s. is losing between sixty and ninety billion dollars in tax revenue for corporations say the tax rate here should be lowered the argument is if they bring home cash from overseas or given a tax break to do that that will enable them to spend cash in the economy now but u.s. companies are already sitting on a record pile of cash almost can trillion dollars according to the federal reserve or jordan asked about with national people's action says lawmakers wrangling over the budget are missing the point that it's not a budget crisis but a revenue crisis the fact the matter is governments on the state and federal level are not raising enough revenue. his organization protests against what they see as corporate greed bank of america in two thousand and ten actually got a tax refund of six hundred sixty six million dollars that's on top of their two thousand and nine refund of three point five billion dollars. and don't forget they
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gave america was given billions in taxpayer dollars in the bailout corporations are now campaigning for a tax holiday like the one in two thousand and four it allowed corporations to bring back profits from abroad at a tax rate of only five and a quarter percent resulting in a two hundred sixty five billion dollars cash injection it was called the american jobs creation one of the most interesting examples coming out of that tax audit was true at packard which brought home for two and a half billion dollars under the holiday that same year announced it was laying off more than fourteen thousand people perhaps because most of the money was used to buy back shares of its company it's not creating jobs helping these guys i was like really job to just run their pockets here is the season especially with tax day right around the corner to speak begrudgingly of the government but the government provides services that people use and enjoy every day whether they realize it or not and by. road repair for the most part the government on top on working with.
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fire. on the situation that you actually need and for those of you who say your tax dollars are going down the toilet. well then they make one in this one go away. and that's not the only kind of waste removal the government pays for they also pay to get rid of your garbage. every day services increasingly funded by those making the least well companies making the most use the system to get around it christine for sound r.t. . and now let's have a quick reminder that we are still at war in libya as the clashes continue between pro good off the forces and the rebel forces the opposition has found themselves facing another problem attacks from nato yesterday was the second time that rebel forces were the targets of nato airstrikes and last friday was the first time that such a mistake occurred killing at least thirteen people as the latest in this frustrating
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battle taking place on the ground and in the air in libya but to make matters even worse nato leaders refused to apologize for the mistake at first nato officials insisted that they didn't know rebels had access to tanks while rebel leaders insisted that they had informed everyone of the use of tanks but the british foreign secretary william hague did end up apologizing in a b.b.c. interview but do you think that it was just a little too late word has it that the libyans including the rebel forces have been confused by these attacks and in efforts to protect themselves they've painted the top of their vehicles and tanks right pink so they're no longer mistaken for gadhafi forces come on nato can't properly communicate who the good guys are who the bad guys are the ground we have so little communication that we have to resort to painting the tops of vehicles and neon colors and on that note can we stop pretending that this mission is about protecting civilians i think it's become abundantly. clear that we're fighting on the side of the rebels now all we have to
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do is come out and say it and to make matters worse army general carter ham told congress yesterday that while it wouldn't be ideal the u.s. just might consider sending in a ground force to aid the rebels so these developments just make it all the more clear that this war is becoming a mess. now obama got us involved in a war in libya without seeking congressional approval something that his justice department claims is within the presidential powers as commander in chief when it comes to limited military interventions but with the news today that the u.s. now could consider placing troops on the ground start to see how anyone can try to continue to argue that this is in fact not a war and even the critics within congress have mostly fallen news as they deal with the prospects of a government shutdown but there's one man who's determined not to let obama get away scot free yesterday bruce fein introduced an article of impeachment against the president writing that he has mocked the rule of law and danger of the very existence of the republic and the liberties of the people and perpetrated an impeachable high crime and misdemeanor so here to discuss it with me is fine former
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reagan administration official and chairman of american freedom agenda group thanks so much for joining us you for inviting me first of all gone his office of legal counsel released a memorandum this week where basically they gave their legal explanation for why they think it's fully within the president's powers to conduct this type of limited intervention without congressional approval so why can't everybody agree on this on the legality of air because obviously you disagree with them well the memorandum style by b. office of legal counsel is an arm of the department of justice and what's remarkable about the memorandum is that it doesn't cite anything with regard to the language of the constitution the constitutional convention the ratification debates the federalist papers that amplified on the meaning of commander in chief stating is the founding fathers understood commander in chief men you could lead the army and navy did have an air force at the time. and it was described as an inferior power to even governors who could lead the militias it was explicitly said unlike
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the british king who could declare war but only congress could change the nation from a state of peace to war and this memorandum prepared by this department of justice doesn't cite any of that indeed and says this long train of presidential unilateral authority began when nine hundred eighty six that doesn't seem very long in a republic of the united states it began in seventeen seventy six by two hundred thirty seven years ago and so what we have here is a department that cites its own commentary but for our attorney general not a single supreme court decision not a single decision made by the founding fathers practiced by george washington the first president thomas jefferson third president james madison father of the constitution it is a concoction that is totally and completely hollow and with regard to your statement about war the secretary of defense mr gates said in congressional testimony well of course if someone threw
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a tomahawk missile at new york city we're at war and it was as well that are we at war if we do the same at libya and he said yes of course we are in war that's why i can't believe anyone would still try to deny it let's go back to your thinking about the carnage the founding farmers here writes of our first president let's go back into more recent history you also said that perhaps obama has been more bold than any other thing i think the way that score so let's look at perhaps clinton what about clinton and what we did in bosnia and kosovo to it in those cases there's no doubt that in my view they were flagrantly unconstitutional wars in fact with regard to bosnia clinton asked congress for declaration he couldn't get it then bombed anyway and i would agree it wasn't quite as flagrant as obama for this reason just minutes he didn't even ask period i mean i don't know if you ask and then they say no one could hear obama you know the reason is i understand facially that may seem inconsistent but here for. you know bob said i talked to the arab league and arab league endorsed it i talked to the un security council and moreover
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what was even more dangerous was not only the particular instance of libya but his openly stated and his department of justice and greet he has the authority to go to war to ensure what he says is the effectiveness and efficiency in credibility of the u.n. security council your security council doesn't make a cameo appearance in the united states constitution he has no authority to use a treaty to trump the united states constitution and you could imagine if his threshold for unilateral war is the oppression in libya you've got eighty to ninety countries in the queue for him to invade crowds north korea and iran and it also whatever and that's why i'm saying the danger from this president is worse than we guard to clinton because he wasn't making these large quantifiable pronouncements suggesting that he was going to do this forever there were no limits in therms of what he decided was the national interest that would justify him going to war do you think that this actually has a chance of working you said that you have
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a few congress members that a feel like the status i want to know who they are because i feel like initially when we did you know when the u.n. security council did pass this resolution for a no fly zone for all the necessary measures we did hear some outspoken voices and suddenly they've all fallen fairly new except for perhaps with the exception of rand paul i don't hear anybody talking about this anymore let's listen certainly the preoccupation at present is the budget crisis in the shutdown of the government and moreover because we have become an empire for so long there's a jarring about suggesting it would mean we don't have a president who can go anywhere in the world he wants but that's how even i've worked through all impeachment since nixon this is my fourth one eye and even at that you're in a yeah i'm here is the only impeachment i have and that was andrew johnson in eight hundred sixty eight a not quite that old but the fact is even with regard to the watergate crisis and nixon it took months before the public was able to realize the danger of a president who said. if i do it it's legal and it will take that long is my
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judgment as you know with regard to the crystallization of opposition to president obama now i have been on the radio shows and television shows and i'm not that congress i'm not going to identify the members just because it's their privacy they like the liberation without being flashed on the on the scene if you will before we have actually an official in should i disagree with their if they're thinking of the president should be impeached i want to hear about that it's not their privacy this is a public matter in this they were like who is basically a bystander if you got enough of course in the first without a time i want to thank you very much for joining us and you know i think it's definitely something that needs to be discussed at least because i'm very unhappy with the president's down here too thanks so much thank you now let's move on to bretton woods new hampshire it was the birthplace of the i.m.f. and the world bank the location of the one nine hundred forty four congress conference where world leaders met to restore the global economy in tatters from the great depression from world war two and it's where you could say the financial architecture of the world we live in today was built over the next four days global
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leaders economists scholars and finance experts of today are once again gathering in bretton woods all brought together by george soros and the theme is crisis and renewal so joining me to discuss it is our chief correspondent laura lister who is there in new hampshire to tell us what it's all about lauren for starters who's on the list. there is a long list of very influential well known highly regarded academic economists of course george services here the billionaire investor who started this organization this think tank with fifty million dollars of his own money back in two thousand and nine we are hearing from larry summers who up until recently was the president's top economic aid nobel prize winning economist joseph stiglitz also paul volcker is set to speak and to be here he's a formal the former federal reserve chairman that's just a short list of some of the names of economists niall ferguson harvard professor kenneth robot so all very highly influential names in terms of the economy finance
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and even politics definitely a lot of big names there now as i said the theme is crisis and renewal but i'm just wondering what that really means you know a lot of people are pointing back to an interview that george soros did back in two thousand and nine where he essentially said that he wants to rearrange the entire financial order is that is that a big conspiratorial the now people are saying this is where he's going to do it. because i got some of the fear mongering coming out of conservative blogs leading up to this conference that people are concerned from that political persuasion that soros is essentially trying to rework the global economy and to undermine america and a notch what sources don't forget perspective according to the organization is wanting to have a global framework that post economic crisis post financial crisis which the globe has seen shake it to its core there's a different set of framework that emerges that deals with global challenges today which these thinkers assert is very different then than the framework that came out
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of that one nine hundred forty four conference when it was a universal or world to america's kind of believing economic power well now we have a world where there are these thinkers are saying there needs to be acknowledgment and participation in this global framework by emerging economies in latin america in eastern europe and i would only have to imagine that there are going to be a big focus on the bric countries brazil russia india and china the developing nations who are charging had kind of leading an economic growth so these are kind of the issues that this conference and sue address and tries to put forward a new way of dealing with the world and you can have a framework that deals with now globalization of trade finance and of all of these things that did not exist back in one hundred forty four when the bretton woods conference recently i'm just curious though as you mentioned there are a lot of big names here but are some of these people also responsible perhaps for the situation that our economy is in right now for their poor handling of the financial crisis is then just seems
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a little ironic that they're all getting together figuring out how to fix it. well you bring up an interesting point and i mean a great example would be very summers who was the chief economic advisor to the president who critics have said that he did not have enough of the stimulus did not have the proper response to the financial crisis and as a result didn't serve america and so at a conference that is all about kind of moving past that were put oxy and rejecting orthodoxy in and suggesting that that doesn't serve the globe anymore larry summers critics probably would say he's an example of someone did act very orthodox and didn't serve america and his handling of the crisis the stimulus just being one of several this isn't the end of course summers is here and he's getting a keynote address shortly and we are going to get a chance to talk to him so i'm going to i'm going to try to get a couple questions in there i'm just curious how much press is covering this event because you know we spoke before on this show how any time these days that there's
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some koch brothers conference where a lot of you know rich people out of top economic minds are gathering then the liberal media is all over it there might be protesters outside but i really haven't seen anybody talking about this conference it's interesting because leading up to this really the only kind of media coverage you saw was conservative bloggers that had a very very negative kind of fear mongering reaction to it saying that as you mentioned george soros was kind of trying to undermine america and create a new global order but here we do see some press there it's mostly financial press their hands full camera crews a handful of print press supposed to be here well told there's about fifty organizations covering this so there is some press but but as you mentioned it's kind of been very quiet leading up to this and there hasn't really been a big need by the media especially the mainstream media are laurel thanks for filling us in and we're looking forward to your report to see what else happens over the weekend at this conference thanks. now we're taking
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a break but just ahead a trio of t.v. hosts are upset over marketers and crayons and our various can count them out in just a moment in our tool time segment and some members of congress are demanding that the justice department a lot of foreign makers who violate federal it's the end of the laws so should we be worried about foreign all the other issues facing the u.s. have a debate on the topic in just a minute. let's not forget that we have an apartheid regime right. i think. the well. we never got the there the keep him safe get ready because the freedom.
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