tv [untitled] April 22, 2011 11:30pm-12:00am EDT
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you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear see some other part of it and realized everything you thought you knew you don't i'm sorry because if you. are you ready to rumble joining me on the panel tonight it seemed was to political observers daniel alpert deputy on line editor of the weekly standard democratic
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strategist and jamie weinstein deputy editor at the daily caller welcome to all of you thanks for joining us thank you let's get into this in less than a month our nation will hit its debt ceiling and if nothing is done by lawmakers and we default on our debt the entire global financial system could come crashing down this is a no brainer right. not exactly publicans led by eric cantor this week warned that they would not support raising the debt ceiling unless they get a list of their demands met one demanding clued in a two thirds majority in congress to pay for any new acts increases or pass them. between the rich so republicans really willing to crash the system just so they can prevent millionaires and billionaires pain higher taxes in the future so. before before i give my analysis i just want to get you know that in the light of the previous segment all my analysis should be taken in fifty thousand one hundred thousand years. or so so please understand that if we would it would be with all we
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are saying i think what they should do is pass the ryan plan because that actually raises the debt ceiling and actually gets us on a fiscal course this is the ability so this could all be solved by simply passing having the house and senate pass paul ryan's plan for prosperity and if this is a matter of whether or not people want to be serious government in this separates who has a kind of pretend. are and who the real people are because if you're going to say that suddenly that we're going to play political games or game of chicken with that feeling right now you aren't serious you particularly don't care about the country or being economically powerful in any manner it is it's just it's and it's a no that's a nonstarter we've done this about a hundred times the reason the debt ceiling this point placement so that congress could spend as needed during world war one it's i mean i think it's literally about ninety three ninety four times and it's not been a particularly controversial vote but the fact that we would hold up this kind of thing are playing games with it or use it as a marketing chip and both sides can agree that the end outcome that they want is to
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have the debt ceiling raised daniel the the five senators who voted most frequently to raise the debt ceiling are all republicans number one is mitch mcconnell. but it's a problem this time i mean you know eleven million eleven trillion of this fourteen trillion dollar debt was run up there under republican presidents you sure and you know how washington works just as well and as i know probably better than i know how washington works and washington doesn't work until they have a deadline and so i don't think it's so bad i don't think anyone seriously thinks that they're not going to raise the debt ceiling i think i think gets the political game of chicken but i think the bill that ours are all going to do with yes you're going to go up yes there are those are inherent when you look i think i think when it comes down to you're setting a deadline that's good because otherwise it won't do anything with the deadline look at the government shut the near government shutdown they didn't do anything until they had a dead giveaway had accomplished something i think i understand. what i think there was a serious admission here. admitted that she voted for a man who's done serious because he played games with
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a deadlock and that's going to al gore has got to live it i'm going to agree with all of you and some just a bit silly will be raised and be the democrats were caveat and i'll give the republican something which i think is totally wrong i think it should be a clean bill but you know history is history ok the s. and p. standard poor credit rating agency had some bad news for the u.s. this week. the new report stated we believe the risks from the u.s. for an initial sector that would be the banks are higher than we considered them to be before two thousand and eight and other words things are worse off today than they were before the collapse in two thousand and seven two thousand and eight s. and p. also pretty good but if the markets crashed again this this time the bank bailout could cost taxpayers as much as five trillion dollars here republicans continue to do everything they can to block reinstating the financial regulation that prevented any serious bank panics nine hundred thirty five to two thousand and seven why is that republicans just huge fans of wall street bailouts i don't get your literally
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from george washington and so one hundred thirty five this country never went more than fifteen years without a back panic and from one hundred thirty five until two thousand and seven we didn't have a single one i think really important things about as and a report you know it's not that they said that we have so much debt that our government can't handle it but what they said that they didn't think that that washington and congress and the two political parties had the ability to negotiate or to do this in good faith or to actually settle on an agreement it was more so and outlook on how washington is approaching dealing with the economy right now and that again going back to say this that the republicans and that them this kamikaze mission that we will throw the whole thing out baby and about lot are to get what we want politically as you know obviously the markets because this isn't this isn't a game for them it isn't a game for more than a game for anybody else quite the opposite this is how we know it's the opposite what we're dealing with now is a serious budgetary probable long term budget problem the republican side led by
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paul ryan is taking what is traditionally not a politically. rewarding position which is taking on the third where there are better care third rail of politics and why would they do this because they believe it is the idea or cause they believe it is necessary necessary to win and what does the president do if you are a good hearted and what is also good at doing here is the. they want to kill seniors they want to do this so you want as many were here and they are using real numbers there's nothing serious about the ryan budget whatsoever talking about two point eight percent unemployment which we never really think you want to have a trillion dollars of wild yeah i really think using numbers from the heritage foundation as opposed to c.b.l. that number that the that they have spent nation since provides i mean it isn't a serious plan something serious about it and we serious point mugu having a lot here and they're going to get there to say that this is what we seriously want to do you know we want to have we want to we want to got to perform i think we want to cut medicare and give people let's benefits and in the feelings that we get from that we're going to use to get more tax cuts to rich people who has never had
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anything good i don't even know where we're taking you know some people report seriously these are the people that missed the subprime mortgage meltdown these are the people that missed greece and rated greece the same is germany they missed this whole meltdown and all of a sudden this is a win win situation for the us you know if you triple his you know what if we were through more of the debt and he can claim victory and if there's if things to go wrong to the s. and p. can claim victory it's win win for the s. and p. they're playing politics and it's that is true and. in that spirit my take on this is that wall street winds are about a right if they crash the economy they get bailed out when and if they don't crash the economy they've got this year record profits literally in the history of the banking industry and they'll continue i just you know it's just it's like we've created this monster any other wall street journal released a new report this week about job outsourcing turns out some of the biggest so-called american corporations including g.e. wal-mart and cisco have dumped two point nine million american workers off their payrolls and two thousand one at the same time is corporate giants that added two
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point four million jobs overseas so at a time when america is broken needs its industries to create jobs at home these corporations are dodging taxes sitting on two trillion dollars worth of cash and creating jobs overseas isn't there a word to describe these guys like hers i would say savvy business but i think that what they want to create jobs of the city are not very j.r.c. the good news. seriously you want to be there sitting on cash because there's a long term uncertainty they're not sure what the administration will do if you if you give them incentives to invest they probably would number two is that you know economists agree on very little there's a lot of debate one thing we do agree on is that out free trade which involves some outsourcing is beneficial for us and beneficial for the world as you not agree and i would like to say that i'm not of concern with any investing i'm concerned i'm investing in the job market creating jobs and this goes back to you know where we're in charge where the jobs landowners and the speaker of the house over a hundred days and where's the jobs plan just give me once a month for
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a lot out there because i haven't seen it i've seen claims to repeal health care which would increase the deficit by trillions of dollars i think that i've seen this you know kind of this budget plan that has a numbers that are based in non-reality and actually cut out a social safety net you know you really broke about this president and i do you know i completely understand that. it's not just how it may people are they controlled the house and senate for the last sixty years or house came in with this party and they said that they had this big mandate and that the economy was the number one issue that voters said they left with almost a reason why they voted they were upset they wanted more jobs they wanted a better one more point on the economy i have yet to see anybody make a serious effort to totally right away and that puts the economy on the path where jobs are going to employ as much of my reasoning ability will cause american companies to invest because they know that america has a path to get the budget under control except for those about the debt and control and the budget of the season is that now have to be sixteen so you did i not count
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on your watch what does the debt have to do with any company in america deciding whether or not to invest money go companies invest money in factories because there's demand for their goods. there's a certain amount of that but there's a certain amount of insurance you also as jamie mentioned but i would raise another point and i wouldn't i wouldn't. be recruited me and we're going to sort the corporations are just trying to maximize the profits and that. that's what corporations are that's what they get you and god bless them for the problem is that what ended wall street journal report that you initially cited in your first question the problem is those are companies like g.e. general electric whose c.e.o. jeffrey immelt is on the president's commission on job creation and there's big news here i mean i don't i don't understand i wouldn't be outraged that g.e. for maximizing their profits and if you have to go abroad and you have to go abroad i would be outraged at the president who is rewarding this kind of this but it is not it doesn't insult him received thirty years that we're going to start here is the same hope there is no idea because of reaganomics you know i would be an honest
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on a panel at that top notch operation and not create it happen in fact had jobs been deployed overseas and i don't think that's i think considering that the massive tax cuts that he got i would like to think that maybe we think people rewards for creating jobs not for a top young want to be on their making list of rage that are people who are. just going to say you know our laws have been bought our politicians are paid off and i don't see any resolution to this and over the short term until we fix that any a wednesday was the one year anniversary of the b.p. oil spill today was still washing ashore on the beaches of the gulf coast despite the fact that eleven men were murdered aboard aboard the exploding oil rig hundreds of millions of gallons of oil contaminated golf and thousands of species of marine life choked to death thousands of small businesses were shut down hundreds of people fall you know or died as a result of the oil contaminants not a single piece of legislation not one has been passed out of congress to prevent what happened a year ago from happening again democrats offered many solutions many of them actually passed through the house of representatives last year but the republican
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party in the senate went to great lengths to filibuster every single one of them so is this the result of a government and in particular the republican party being completely captured by the people big oil lobby it's also the case that we haven't had another oil spill of this magnitude now there's never been a way to ensure that our that now know that najaf column that therefore everything five no should have been done i mean i'll let you know that. there are over again now let you go what i was going to suggest is that there are other incentives for companies to reform and to be more careful and part of that is public outrage at those we don't listen we need to resort to regulations and regulatory methods in order to stop where you are just going to change the law providers but yeah i think look i think if you're b.p. and you realize how how much money they have to spend the clean it up how much money that is but you're going to make sure that you're not going to do that again and this time i think that's actually one of the biggest problems that the cap on the liability the liability limit and was lower and b.p. did pay more and they put aside a separate find the now we're not going to what he did you know a little bit later on here's the thing that here's the thing is that that needs to
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be addressed the fact that the cost of the cleanup if the company b.p. hadn't willingly done that what a company decided not to do that you know that cost goes to that goes back to the american taxpayers and so in talking about how much you know redistributing not to stare like river street like responsibility here and i think the burden of the suffering and you know paying for it and cleaning it up goes to the taxpayer that the company gets off scot free that's not ok and b.p. luckily stepped up and did the right thing here and a lot of it went public on pressure and a lot and i think when i can resolve these things without regulation you know my friend you are going to have even though. the law failed ten billion dollars is going to fail and i was the biggest energy to deal with that these outrages that a year after the b.p. oil spill they're still not letting the oil drillers getting permits to drill in the gulf again and actually i think this is a very particular water here at the area where you have to wonder if you think that we're going to call for an article the article the article you read articles all the time of one company going off the coast of israel to drill because they can't
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get a permit to drill anymore and they're saying they're stationary who is going to senators are begging them they can them because you permit would you answer the question do you think that our politicians are bought and sold but as well as yes. finally after ten long years nine eleven responders will be receiving the health care they need because republicans are finally shamed by the media and dropping their fill of us. of the nine eleven first responders health care bill these courageous firemen and police officers are now finding there's another hoop to jump through before they can get treatment for their bloody lungs literally thanks to republican cliff stearns an amendment was added to the bill to force nine eleven first responders to undergo a terrorist background check just to make sure they aren't secret operatives it was some of the law before they can receive health care more money for the security is free millions of dollars in fact to check these guys out and months two years of added delay for six first responders so this case just confirm what we all suspected that the republican saw on nine eleven more as an opportunity than as
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a disaster right because it would be ridiculous but this legislation is ridiculous as well i don't think this paints the entire republican party is trying to be opportunists on nine eleven why they pass it what it is is this stupid stupid piece of bill that would have their the idea that even if a terrorist was you know hiding out in that building and helping rebuild it or whatever removing the rubbish why would you apply for health care if you probably want to stay under the radar it's it's costly stupid cliff stearns when we hear this ok now i'd like to thank you for your best to both patriots and also the kind of red tape in this idea that republicans in congress hate big government and bureaucracy create a whole other layer of bureaucracy on to people getting their benefits for protecting its citizens and our country and also this idea that we would have and it happened i mean it was senator coburn in the senate that put the hold on this bill and didn't want to pay for it just the fact that people could go in first
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responders and risk their lives and their health and that they wouldn't be compensated for that or that we were looking somehow even if there wasn't a policy there that we wouldn't as just good citizens of our own country and fellow man you know why didn't i just that they got the flight records and a hold on this thing in the first place and you know for years. jamie this is this is ridiculous and so. if you want to put a good face on this there is a possibility i mean there's plenty of social welfare programs that run amok and people often take advantage of so if you want a good face that's i think the only way you can string a good way and even by the right you know the people who might have done this is. my take on this is that the republicans did in fact see nine eleven as an opportunity rather than a disaster in one thousand nine hundred nine george w. bush talking to maybe herskowitz the biographer his family had hired the right charge to keep his autobiography actually said this was a year before the election and if he got elected president the first thing he was going to do was invade iraq specifically iraq because it would give him political
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capital to privatizing social security he's on the record as having said that and that that was the first topic of the first meeting in the white house after he was elected this was nine months before nine eleven so that any of that's why conspiracy theory. raz question i greatly admire you know i figured you would last question quick for the man in the headlines this week is donald trump thanks to his birth or talk he's surging in republican polls and seems to be positioning itself for a run at the white house but only on this show when you hear that you are getting question about the one that everyone is really asking what's the deal with this bear is it a he comes in from the front to the back be from the back to the front or see it doesn't matter how much he comes that it's obviously a toupee. or something else it's called the biden treatment you know you get some hair plugs in there some people have to do it so why does you know that you know joe biden did this guy you know i don't know i think he has an ear plugs i don't think it's i mean i think it's naturally as they could as it is i think i think what we're seeing is better than it could be. a lot of yes actually apparent back
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half alive but i would rather not look at are not like the medical release and they have when they go in and have the physical exam will they actually believe what you know going on in his hair i know you can see right there how do you call reporting but i'm going to say we need to stop talking about person there is no god but here i think that if you know god willing donald trump makes it through the repub. primary and ultimately the white house will be the biggest test to show that the american people have overlooked everything and are a very forgiving man even with his hair could be elected president i'd say ok you know what i think is it's a rabbit we'll find out he said it's it's taken control of his brain anything but thank you all for joining us today thank you daniel erika jamie thank you it's great i appreciate it thanks after the break a daily take on what corporations don't want you to know about the history of our nation over.
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democrats are looking for new ways to overturn the supreme court's citizens united decision last year a decision that gave corporations many of the same free speech rights as people like you and me the right to rain down unlimited amounts of secret and often foreign cash on our nation's elections actually more rights than us in that regard congressman chris van hollen has filed suit yesterday and petitioned the f.e.c. the federal election commission to force corporations and nonprofit groups to disclose all of their secret political contributions to help republicans win in the two thousand and ten election and of course carrying forward twenty twelve there are also reports that the white house may soon issue an executive order that would require all federal quat contractors huge defense corporations included to disclose what kind of money they're throwing into our elections and which politicians there
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by the small step up but is needed to prevent what happened in two thousand and ten from happening to twenty again in two thousand and twelve. the supreme court's decision had a profound effect on the two thousand and ten election in the last midterm election back in two thousand and six outside groups spent sixty eight point nine million dollars influencing voters and in two thousand and ten that number more than quadrupled as outside corporations and front groups don't nearly three hundred million dollars into our elections most of that money from secret donors could have been from the koch brothers could have been from saudi princes we don't know as long as they use the corporate supreme court says it's perfectly ok to even let trans national corporations open their political war chests and take down our democracy and see our democracy is not about voters anymore it's about who has the most money it wasn't always this way no corporation doing business in
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the state this was that old wisconsin law that the used to have no business doing no corporation doing business in the state shall pay or contribute directly or indirectly any money property free service or thing of value to any political party organization committee or individual for any political purpose whatsoever or for the purpose of influencing legislation of any kind or to promoter to feed the candidacy of any person for nomination appointment or election to any political office as was the law in most of the states and virtually all of the states the united states literally from the founding of the republic until the eighteen nineties and the punishment for violating this law prison that's right of people working for corporations the people today we called obvious and c.e.o.'s and p.r. and ad firms. that produced political ads and campaigns we're doing today are doing
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back at eight hundred seventy is what they're doing today they have been sent to prison for two years and their corporation would get the death sentence it would be dissolved but soon things changed and this all really started back in eighteen zero three in the case of marbury vs madison the hard right when federal as chief justice of the supreme court john marshall gave his own court the unprecedented power which is not in the constitution by the way to strike down any law it wished the result of this are co-equal branches of government disappeared and the supreme court rose up without any checks or balances whatsoever and. it started the civil war with the dred scott decision it created the second is created segregation plessy versus ferguson it ended ended segregation brown versus board of education but basically making laws the supreme court and his new court the high court set out to give corporations more and more rights under the constitution the role of
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corporations was no longer in the role in the hands of the people to decide it was now in the hands of these justices who are not elected and thus not accountable to anyone after the civil war thanks to president abraham lincoln giving away millions of dollars in free land grants and tax exemptions to it and full railroad corporations and eight hundred sixty s. to build a transcontinental railroad system and help the north when the civil war a small group of railroad barons rose up to be the wealthiest men on the planet and with that wealth they bribe several million members of the eight hundred eighty supreme court people like justice stephen j. field to say that their corporations should have the same rights as people and thus the right to influence government. eight hundred seventy three the graduating class at the university of wisconsin law school was issued a warning by the soon to be chief justice of that state supreme court edward g. ryan ryan saw something on the horizon of american politics and wanted to tell the
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group these last two tins of future lawyers what it was that he saw it he said there is looming up a new dark power the enterprises of the country are aggregating bassed corporate combinations of an example of capital poli marching not per you can arbuckle conquests only but for political power the question will arise in your day which show rule wealth or a man which shall leave money or if elect who shall fill public stations educated and patriotic free men or the futile service of corporate capital. thirteen years after ryan's warning corporations led by the railroad barons would claim a huge victory in the eight hundred eighty six supreme court case of southern pacific railroad versus santa clara county when the court reporter john wait said that they had the same rights as persons since then the supreme court has quoted that reporters note which wasn't by the way what the court actually ruled almost
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forty times and from that point on with a brief reprieve in the early one thousand nine hundred thirty roosevelt as the tillman act again providing corporations and messing around in government from that point forward to now the rich and powerful were on the march to power america calm an eighty in the twenty ten citizens united case that miami hammered the last nail in the coffin of our democracy and you know over our system of government or corporate millionaires and billionaires a decision the democrats today are trying to overturn now more than ever we must listen to his constant she's chief justice edward ryan's warning soon we will have to settle once and for all the pressing question america who shall well rule wealth or man today wealth rules but it doesn't have to be that way tomorrow amend the constitution to say the corporations are people and that's the big picture from our information on the stories we covered that check out tom hartman dot com and archie dot com and don't forget about accuracy begins when you get out when you show up
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