some other part of it and realized everything you saw you don't i'm sorry is a big. fat . fuck. are you really you're all more than hate i'm joined by three expert political commentators to discuss the biggest stories of the week panels that i have genuine

state deputy editor of the daily caller joe madison host of the joe madison show every nationally weekdays six to ten am eastern time on sirius x.m. channel one twenty eight and daniel helper from the weekly standard welcome thank you for they had their lives to get started here newt gingrich officially joined the republican race to the white house this week brings serial infidelity to the race he cheated on his first wife while she was recovering from cancer and he cheated on his second wife after she was diagnosed with multiple sclerosis at the same time he was trying to get bill clinton out of the white house for having an affair considering that john edwards who cheated on his wife while she had cancer too has been blacklisted from american politics new cambridge is a brace for the republican party doesn't say about republicans supposin family the party of family values why the double standard well before i respond let me just say i want to dedicate my performance of those to the late great rock macho man randy savage who passed away today since we are on the rubble. that. that's going

to affect the well we'll talk about that later we're going to put the answer the question is what i think a better examples arnold schwarzenegger because he ran for office while having this great problem to back around because that's the problem both with what we did we had he had we're at fifteen when but there is no double standard. here is the other way gary studds who's left with a turn i didn't give it a router didn't gas didn't didn't get forced out mark foley did so so if there's a double standard i think it might be the other way but honestly in all honesty some people get through some people don't it's hard to i don't i don't know if there's a double standard as much as it is this here and now news cycle that we live in what you are making reference to happen here and now and also we have to we have to keep in mind that. it was going through his exchanges of wives dumping on the most crucial time we didn't have the kind of news media

we have now we didn't have the team. of the world you know it's funny i think i think about both of us old enough to remember my god if we had been a news media we have now kennedy might not have gotten the president of the united states i don't know if there's a double standard quite honestly. newt gingrich's got a bigger problem than the way he dumped his wives yeah yeah yeah joe's right i mean it was a serial philanderer and he made it through so that's the jamie's point but listen as a professional staffer on the vast right wing conspiracy i can personally report but no one is taking newt gingrich's campaign seriously in fact it seems pretty pretty clear that newt gingrich is running for president so the economy ask for more when he gives paid speeches i could hear him it's america listen to us foreign john did . words from running john edwards can brought you know i just don't wish to go

because. we've got to go i use if you are just making a full time job at all times it only affect the federal prison system might be soon barring john edwards the running. but if you let me i'm with you i think that this is newt's retirement you know he's also one of the new campaign laws or i guess over the last decade to change enough that people can keep money that they raise for a given go so he's he's just trying to know how much his political action committee raised last month not enough to pay his wife stephanie three hundred two thousand dollars the guy is not a serious contender and nobody nobody is going to very quickly get my take on this is if you look at david vitter you know he was busted on a hollywood madam you see madam and and he comes out and confesses and ask for apology and then comes back into the senate and they're probably to stand up and give him a standing ovation i think that for the hard right republicans but david vitter is the mark sanford's the johnsons although sanford and son eventually left but they

took a long long time to do it there's this sense that they can just you know have a come to jesus moment everything's fine and i don't think democrats buy that as well as well i think that i think the other thing is that you also remember the social conservatives have always sometimes i think even democrats to this to both social conservatives talk about you know all these relationships you know family values you know they have these homes over on the capitol hill where they get together and they're supposed to be dealing with family values and then you find out you know they're lying going on hiking in the appalachian mountains and they're really down is that if you are see if the apocalypse see that i think get really get to you next question on monday america hits the debt ceiling as we speak treasury secretary tim geithner is borrowing from the pension funds of federal workers just to keep us from defaulting on our debts around the world meanwhile republicans seem to think the fall is actually a good idea take

a look. we know. it is more likely that the country's going to go away i don't think it's going to have an adverse impact on the economy for the days or weeks or perhaps even months of this would continue to be that i doubt that it would be disruptive to the economy per se but it would be and republican congressman devin nunez told politico yesterday by defaulting on the debt in the short wong term it could benefit us to go through a period of crises and force politicians to make decisions so who else on the panel agrees with the republicans that the second great depression in the united states would be a good thing but i don't think we should default on our debt and if i'm not mistaken when the house voted for the ryan plan that included a debt increase so the solution is very simple tom the senate should pass the ryan plan just progress credit were increased the debt limit and put us on a path of fiscal sustainability. and first of all rush limbaugh is not economists

so i don't know why you surprise. and so is one of the end of it and it's not just this narrow focus of the united states we're talking about the impact globally this is what this really is all about and quite candidly this is just political talk because i think people know wall street is broke and i think people will economists have spoken and i think that these conversations want to be listened to be thought about. but this time next year we're going to raise the debt ceiling and then they're going to start focusing on deficits we'll see this is a glorified game of chicken like joe i believe that no one seriously thinks we're not going to raise the debt ceiling but you know what is wrong is like they're getting liberals like you're scared of the action will do something it's been seven hundred fifty one days since the senate any sort of budget this is insane this is

crazy. we're not it's not responsible at all and it's under harry reid's leadership and you know what you have to pressure them into doing something so you have to pressure them so what hopefully something good will come out from it but nobody seriously thinks that we're going to default and there will be some sort of resolution hopefully people grow up and come to this is this is always the thirty years already i mean this is really is time what is the republicans have entered your serious plan to deal with the budget and with the deficit and with one of the liberals done they can't get it. through the senate judiciary budget and i think that committee it should be noted haven't passed one seven hundred fifty one days it's got to be noted that just as crazy this is not to pass a debt limit increase at this point it is just as crazy i'm afraid common here in this position to oppose real serious entitlement reform that doesn't get our specific house in order because then we could be very soon i have a situation she would absolutely think we should fix medicare by allowing the government of negotiating for drugs you know hold on to more than eighty billion we

. are worrying about medicare yet but let them go before and florida or maryland or michigan and and let me tell you this is why you're getting the reaction you're getting even at republican congressional meetings you are not going to touch my medicare and they don't look at it as an entire when they look at it as a safety net is extremely important at this point in time we have it in fact we want to that's the problem i had my little bit might my conclusion actually some pretty scary stories in media today about how the republican leadership is actually starting to take seriously the idea that we can default i think that there's frankly a political calculus that if they crash the economy obama would want to run but that's just not as. yeah. i'm cynical as their. republican snuck in amendment into this year's national defense authorization bill that gives the president the power to wage perpetual war section ten thirty four the bill cites

the threat terrorism of. still posed to america and gives the president a blank check for war until every single terrorist on earth is dead so why do republicans think endless warfare is good for america is a part of the deal it with defense contractors will give you your your profits give us pain look at first you know what's in the annual bullets and i'm pro-american against the terrorists i don't really have a problem with this but i also don't think that you're just that you're just a problem with propecia you're not exceed not explaining the bill probably the bill the war authorization agger the defense authorization act jet finally legalizes what we're actually doing in afghanistan and pakistan for us no it was. on is what we're going to say years it says what we're doing right now we're killing taliban members it's not currently it mean it depends how you read it the obama administration has both the bush administration read it as being legal but it's loose territory and now they've legalized it i listen tom give more chance let's

beat the terrorists i don't think this is such a bad thing as i think i think it is maybe as ayn rand might say check your premises what you're suggesting about this what you're suggesting is that the a powerful republican in the house is conspiring to give president obama way more powers it sounds like a strange conspiracy if that's what's going on here i think what he's doing is a struggle i suppose we're also not going to this is a politics that is won't be in this for ever and what the keyword that's missing here is perpetual. indifference and when i get really nervous when people say give war chance i'll go back to a quote that martin luther king me war is now ultimate we live in a society where we are now but first generation of mankind that lives under the threat of total knowledge you don't give war a chance you give peace a choice because war now is not like the war of our fathers and grandfathers. it

told all of knowledge and it would have made much of what this authorization did go joe is give the good guys us a chance to after those people but once it to have total annihilation that what weapons of mass destruction to take out an american city so what this is doing is exactly what you want give peace a chance but sometimes forget that peace you're going to have to fight and the bad guys don't have a prompt matter of fact we did not have a problem getting the bad guy without this authorization added absolute my take on it is this is just more money for the defense industry any reports from capitol hill suggest that harry reid and john boehner reached a deal to extend the patriot act for four more years and means four more years of giving up our privacy rights to the government sacrificing many ideals on which our nation was founded isn't that exactly what osama bin laden said he was going to do to us that combined us bankrupting ourselves with military misadventures in the middle east after bin laden said he was going to bleed us just like he did the soviets in germany bush and bin ladin in the middle i think

a victory that he wanted joe i think most conservatives are probably going to not support this this is anti conservative this is really an attack and certainly you do not want big brother checking out everything you do i remember when i remember that part of the patriot act that i'm a could go into your apartment or your house and if you saw you reading a book that maybe they thought might somehow be less true and terrorist and she could report you and not have to confront you in court and who voted against the most conservative i don't like to see the example of where that was over use but i want to resonate as it was also as a corner here and here i was ready to go it was merely by here's the meantime any any serious about you ation of previous wars and what policies were put in place it's always a balancing act between freedom and security under george w. bush the patriot act is probably the closest to the side of freedom then than we've ever had during war certainly more than f.d.r. interning people certainly more than wilson with some of his submission acts this

this. it was we are not a nation at war jamie there's not a draft you don't have you don't have every you know every male what america because you're a nation we disagree if we are nation of war just conscript these two that's all oh yes don't and soon them all off and then let's see how france is. going to but it's not it's not huge you know these are the kind of fantasy you know we've. been here this is not an argument to argue that ok fine that we have because we're not drafted this is not a war doesn't make it any less or more than it is it's this is this is a this is i'm a police action of some of this is a ok it's already. been another controversy it's not you know we're not going up again there's always lannister wars going on in afghanistan and iraq and any nor is there any any i want to world war i am reading john higgins history right now over again and again i don't want to draw a parallel a very new favorite don't just read live i understand we have no business in

afghanistan anybody with one look we know where it is missing of course not because out because why did we go into afghanistan to tell the truth we supposedly went to get bin lot for the. i think you know this is this is a living in ok to you i mean i you know rather right there we got to go to court for a question for those of you haven't heard tomorrow is the end of the world. to mean that no one on the pedal will be ascending to the skies during the rapture or maybe i don't know maybe something goes well what do you plan on doing tomorrow during the apocalypse a join up with a group eternal earthbound pets a real real company to help feed dogs and cats whose owners have been raptured are offering this service be bet your life savings on mucho macho man at sixty one odds in tomorrow's preakness horse race if he loses it doesn't matter and if he wins it doesn't matter either or c attempt charlie sheen's one man show the only thing that

could possibly more be more painful than the out of work. i'm going to choose none of those i'm going to when everyone's gone i'm going to push the job joe said we started to get that pipeline that we never seem to be able to able to get ok i'm going to go find him ask him to give up that seventy two million dollars i have it on tuesday also eat my car your car over to he's not. an elite the terrorist will last you know this if the end of the world at least the terrorists will last we'll see tomorrow who has the last ok and i will be camped outside reagan's grave waiting for him to his son to have them just so i can give him a piece of my mind one last time on his way out here everyone's doing joe madison ben helper thank you guys all for being burned so much with us we have a huge debt problem today but not nearly as big a debt as we had coming out of world war two and i still take a calling out republicans for trying to write wash history.

for. a. few. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else and you hear or see some of the part of it and realize everything you thought you knew you don't i'm sorry because of the issues.

as i was heading into my radio studios morning something caught my ear on m.s.n. to see before i left the house in an interview on morning joe i heard illinois republican senator ron kirk say this i think we should continue to be optimist about the united states we had a tremendous deficit like this right after world war two and because we had fiscally conservative leaders we paid off those huge world war two deficit's out of our walk the economy that became a superpower called the united states of america it's that my mouth practically dropped to the floor i don't kircus wasn't paying attention in history class or if this is the latest effort by republicans to write wash history but either way nothing could be farther from the truth than what senator kirk just said this is our nation's debt as a percentage of g.d.p. all the way from world war two all the way up until today and yes our debt was enormous after world war two as it should be because

a lot of money could go nazis but and yes all it took was two presidents after roosevelt to bring our debt back down to reasonable levels so how they do it how did truman and eisenhower reign in our debt is that thanks to the conservative fiscal policies that ron kirk is touting no we didn't cut our way to fiscal prosperity like republicans that they want you to believe we grew and spent our way to prosperity. coming out of the great depression franklin roosevelt tore down a decade of so-called conservative policies that unleashed the roaring twenty's bubble economy and then led to the stock market crash in one hundred twenty nine roosevelt immediately jacked up the top income tax rate to keep rich people from gambling with their excess money and to pay for a new deal to put working class americans back to work under his watch the top income tax rate went from twenty five percent in one thousand thirty one all the way up to ninety four percent by the end of world war two and through the

throughout the truman and eisenhower administrations that top tax rate stayed at around ninety one percent so yeah if ron kirk wants to take a lesson from the one nine hundred fifty s. and how we paid off our debt so fast he should consider raising taxes on the rich what he shouldn't be learning from is what reagan did with his so-called conservative policies that exploded our debt in one thousand eighty's under reagan's watch the top income tax rate plummeted from seventy percent in one nine hundred eighty to twenty eight percent in one nine hundred eighty nine and by the end of his term more than three trillion dollars of debt was on our nation's balance sheets corporate taxes also played a key role in paying offered that roosevelt jack goes up to twelve percent or forty percent and republicans right eisenhower were public and dwight eisenhower raised them again up to fifty two percent in the one nine hundred fifty s. corporate taxes accounted for about a third of all government revenue during the one nine hundred fifty s.

and one nine hundred sixty s. a third of the day thanks to the much lower thirty five percent tax rate and all the corporate lobbyists drilling holes in the corporate tax code corporate taxes make up less than seven percent of all government revenue and most large corporations pay little or no income earners no wonder we're going bankrupt. and then there's labor paul's while america was paying off its world war two debt truman and eisenhower continued roosevelt's pro-labor just take away harry truman had to say back in one nine hundred forty eight about the democrats' pro-labor policy is to say when all the democratic party is the people's party and the republican party is the party of special interests and it always has been and always will be wages and salaries in this country. chris from twenty nine billion dollars in nineteen thirty three from more than one hundred twenty eight billion dollars a night in party seven. that's labor. and labor are never

had but one friend in politics another the democratic party in franklin d. roosevelt. the total actually in town has increased less than forty billion dollars in nineteen thirty three but two hundred and three billion dollars to nineteen parties seven greatest in all the history of the world. better bet that ben spread to iowa people because it's because of the democratic party defeated the people get a fair share of a base scott walker in wisconsin just flipped out right and in one hundred fifty six this is what the republican party's platform under the leadership of delight eisenhower said about labor workers have benefited by the progress which has been made in carrying out the programs and principles set forth in the one nine hundred fifty two republican platform all workers again and unions have grown in strength and responsibility and have increased their membership by two millions this is the

republican platform keep in mind furthermore the process of free collective bargaining has been strengthened by the insistence of this administration that labor and management subtler differences of the party table this policy has brought to our country an unprecedented period of labor management peace and understanding end of quote from the republican party's official platform in the one nine hundred fifty six election under the truman and eisenhower administrations nearly a third of all private sector workers in america belonged to unions and because of that as truman and eisenhower just pointed out workers were bringing in healthy wages which meant they were paying more in taxes which meant that the government was collecting more revenue to pay off its debt thanks to unions the pay rate ratio between a c.e.o. and a worker on a factory floor was about thirty to one back then today it's more like six hundred

to one in some industries like financial services and health care it can be twenty thousand workers are now getting screwed with low wages and thus many don't even make enough money to pay federal income taxes so yeah if we really want to pay off our debt how about instead of busting up you we start promoting means promoting workers having more money in their pockets which will stimulate our economy and raise everyone's wages. and finally there's government spending over and over again you hear republicans saying we need to cut spending but that's not what truman and eisenhower did to pay off or didn't they actually increased spending truman and eisenhower oversaw the g.i. bill which sent ten million returning soldiers to college for free my dad was one of them and helped millions more a bio home with low interest loans i dad was one of them too plus of all of those vets got free health care and low interest loans to begin small businesses if they

chose eisenhower right gangbusters the republic it building highways schools bridges dams wiring our rural areas for electricity we need massive government investments in our infrastructure as a result more and more people got jobs collected paychecks and paid taxes plus with a more efficient infrastructure businesses made more profits and paid their fair share to the government to reduce our debt the idea of cutting government investments to reduce our debt and everyone cross the lines of these two presidents one a democrat one republican they knew that the quickest way to get out of debt was to grow an economy not shrink an economy and often growing an economy requires government spending today if we really want to get our debt under control and we need to invest in america renovate our infrastructure so that everyone makes more money roosevelt truman and eisenhower followed

a really simple principle to pay off our debt in less than two decades high taxes for the rich increased union membership and government spending on infrastructure and it worked we've already seen what conservative fiscal policies of cutting taxes busting up unions and shrinking government investment does to our economy. it's right here with radio were to go right over the it's when reagan took power and when george w. bush put reaganomics on steroids in the two thousand and two are republicans right should the history of ronald reagan hiding the fact that he added more depth to our nation that every single other president in history combined from george washington to jimmy carter hiding that he actually raised taxes eleven times most of the working class americans claiming the dishonorable distinction of being the first president in history to cut taxes for the rich and raise taxes for the working class and poor at the same time and hiding the reality that our nation's

infrastructure is crumbling today because of reagan's star of the beast economic philosophy republicans got away with a rewrite exulting reagan to the heights of american sainthood and i'm not going to let him get away with rewriting the presidencies of democrat harry truman or republican two eyes now then who employed truly progressive fiscal policies to grow the middle class in america and to pay off our debt at the same time the solutions that raise problems are really quite clear we've used limited before and it worked we need democrats like harry truman and republicans like dwight eisenhower not corporate shills like mark kirk john boehner and eric cantor if we're going to get america back on the right track. as the big picture for us and i for more information on the stories we've covered visit our websites of marvin dot com and. also check out our you tube page as a you tube got consolations the big picture r t v two dot com slash artist and this

terror show is available as a free video podcast on i tunes and don't forget democracy begins with you when you show up participate tag sumanda. will. bring you the latest and signs and signals from. the future of coverage.

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