well i'm john marburger washington d.c. and here's what's coming up tonight on the big picture time keeps on ticking until our nation is no longer able to pay its bills when the republican stop there charade the defense of their billionaire patrons and let our country get back to work and as the rupert murdoch scandal heats up in the u.k. back here at home officials are investigating it as news outlets practice the same type of illegal act the news information could fox so-called news be for sale as

a headline and bright future of. getting to know this today's round of negotiations between are going lawmakers in the white house did not bring us any closer to finding a solution for our nation's republican hostage taking crisis yesterday senate minority leader mitch mcconnell proposed an opt out plan for republicans suggesting that congress give president obama the authority to unilaterally raise the nation's debt limit until the end of his current term but his plan was criticized by many house republicans who are digging in instant increasing the debt limit and dismissing the potential economic consequences from a default today mcconnell revealed the real objective behind his controversy our proposal just like we do should go to government and i did not if i was not going to work for. bill clinton get reelected i refuse to help prop obama get reelected.

republican senate group position where we go on a trip a bit of comedy. and later in the day mcconnell made it even more evident that republicans are willing to do anything not to give an inch in this process even if it puts american democracy in jeopardy. if these debt negotiations are conventional anything it's that we can't leave it to politicians in washington to make the difficult decision they need to get our fiscal house in order a balanced budget amendment will do that for them now is that moment no more games no more gimmicks the constitution must be amended to keep the government and. we tried persuasion we've tried negotiations we've tried election nothing has worked what a lections haven't worked and center it senator mcconnell missed the lecture in civics one o one that explains elections is the first cornerstone of democracy so with republicans

determined to do everything within their power to take down president obama's presidency and they are what harm it may bring to americans what options are left on the table for the administration as the clock ticks down to july second joining me now is a man who is very familiar with the back room drama that is currently unfolding in washington over congressman alan grayson represented for his eighth district in two thousand and two thousand and ten and yesterday announced that he will be receiving or seeking reelection in two thousand and twelve congressman grayson welcome thank you first of all congratulations on running again we miss you. the response has been overwhelming over two thousand people but already gone through it so congressman it's. gross those one hundred thousand dollars almost forty eight hours that's absolutely spectacular is my hearing off or did senator mcconnell suggest today that we should abandon democracy in america. well listen they're running out of options because there are no strings on wall street this is

not acceptable i don't know if you noticed this the stock market plunge two hundred billion dollars more. to go when the news came out we want to move on to solving this issue so i think google connell is the only people who actually oh the republican party and that's wall street yeah but at the same time he you know he pointed out on the show. you know crashing the economy is trying to stop government during clinton seemed to endure some benefit the republicans i mean they they tried this with carter in seventy nine we actually he felt about one hundred twenty million dollars for the bonds and one hundred seventy nine was a one day default and it kept up our interest rates by half a point for nearly half a decade i mean. are they you've been inside these meetings you've been you you've been behind the curtain are these guys is this just all kabuki theater or are they seriously think you know that they can bring down the american economy and somehow

politically benefit from our. it's all old theater until the very end. and somebody will come up with a plan you know were presented to the republican caucus as the greatest thing since sliced bread and then we'll see if he has two hundred eighteen books or and that's the way it works nothing matters and so look very very. good on this little open fifty nine i don't want it so can you not going to do anything before. you know how much hard term at this point obviously people on wall street are concerned while the market to market goes up every time it looks like republicans are going to compromise and march. big war and most of the i am comfortable position for any outward yeah you would think given as you point out that it's the billionaires and the big corporations are transnational corporations and basically own the

republican party and have since the eight hundred eighty s. is this type of crisis divide going to mark every piece of legislation going forward and certainly seems to have been marking every piece that's it's happened so far. you know send him back to the republicans have gotten a lot of benefit from it think it go for two or three months now they're holzman so i'm going to manage to rile up america about the debt and their wealth and yet we have twenty two million people look at you to find a full time job we have million people in this country who can't see a doctor when they're sick and we have about thirty million families who owed more than they owe on their mortgage their war guess is higher than the value property. of all of those seem to me to be rather urgent problems for the republicans a tremendous political hay out of the site and we have to figure out what the budget is it's going to be in the year two thousand and twenty one and the sad thing is there even nobody's even forced this fellow what they are this is the

republican way and the coach who trillion dollars deficit i heard them say they want to read i've yet to hear them say how it out a single penny not one single penny and you heard from this because the public thinks that they're up against are the party of fiscal conservatism which is what they want people to think so they made a tremendous promise and it's been at the expense of the american extensible yeah and there's been a very compliant press i'm fine congressman grayson thanks so much for being with us. you know i have to tell you that as soon as people found out that i was going to be on skype a microsoft star. it's. ok. thank you and good luck if you again congressman we've got stuck around scott key researcher and blogger at think progress is here with the latest on what seems to be a never ending game of hopital washington game that we were just talking with congressman grayson welcome scott great to be with you know found out where we're

do you think that this thing is go and what's what's the as a reporter what's the story that you're hearing what we're seeing right now is a lot of closed door negotiations just this evening being met for two hours use the president obama speaker boehner i believe mitch mcconnell was there trying to again hash out these details but from all we're hearing they're still very far apart in terms of where they're going in terms of cuts and where they're going in terms of revenue increases now at one point in the negotiations according to the press reports and they've been i guess factually confirmed by boehner as a result of the response apparently eric cantor snapped at the president very disrespectful way saying something like you know show us your plan give it give it to me on paper i want to see it afterwards that affected the president looked at him and said your speakers got it in other words the guy sitting next to you who's your boss and my dealing with you were with him and then later speaker senator herb

senator boehner congressman boehner came out with a speaker by the inner came out with his office said that he didn't have an actual plan in other words apparently this interaction really happened or these guys like said to take each other down i think you're touching on a really important dynamic here that explains a lot of what we're seeing in the house g.o.p. caucus speaker boehner is you know only the head of the g.o.p. caucus but he always is having to look over his shoulder at house majority leader eric cantor who's his number two. because eric cantor is really holding the line on the far right conservative wing and any time that speaker boehner is trying to compromise what politicians are supposed to be doing in reaching a deal with the president there's eric cantor lying in the wings ready to you know potentially snatch control of the caucus if he thinks that john boehner is going too far this is an old trick sky i mean in one nine hundred thirty two

f.d.r. ran on a campaign of balanced budgets he didn't do that thirty three. for the while the budget and so in thirty six he ran on a campaign of balanced budgets again as the republicans were all over him about that and he actually in thirty seven when he became president cut spending and produced another mini recession i mean depression the good the great depression the period from thirty two to thirty six was the great strongest period of economic growth arguably in the nation's history and he blew it by going along with the republicans jimmy carter they went after jimmy carter in seventy nine and caused a default bill clinton he came into office they started screaming about that whenever there's a republican in office they spend like drunken sailors and take credit for the good times that the stimulus produces and whenever there's a democrat obviously they screen when in doubt you can't spend any money that's exactly right over it i don't americans figure this out over three quarters of the current fourteen trillion dollar hole we found ourselves in was a crude under republican presidents you know back in the bush years bush was in the white house for eight years republicans controlled congress but we've six of those

they passed a clean debt ceiling hike nine hundred separate times raise the debt ceiling by four trillion dollars you didn't hear them crowing about making these really onerous demands back then but now that we've got a democrat in the white house all of a sudden the debt and deficit are you know the worst problem that our nation has ever faced as juden schemes to santa claus theory being played steroids it's just it's absolutely amazing. is this is the is the word on the street we have just a minute left is the word. that you're hearing from the sources that you're talking to as a reporter that you know pulling forty four percent of federal expenditures which is what this would require is genuinely going to be possibly a world wide disaster even republicans admit that you know in john boehner is words to be a financial disaster lindsey graham is that this would lead to financial collapse and calamity around the world but you didn't you know enough to go further than listening to the republicans to hear what the consequences would be of not raising

the debt ceiling which is interesting because the republican base actually wants to see essentially what the democrats are proposing seventy four percent in the gallup polls that they want to see that debt ceiling increase that includes both spending cuts and revenue increases which is exactly what the democrats are proposing exactly what the republicans are blocking and now we're seeing ratings agencies like moody's threatening to downgrade the u.s. debt as a result of a remarkable scott thanks so much for being thanks for having me tom keep up the great to be with you thank you and other republicans may have one thing in their favor as they continue to refuse to raise the debt ceiling and close their eyes and ears the dire consequences of this refusal and that's public opinion oddly according to a gallup survey released today forty two percent of americans want their member of congress to vote against raising the debt ceiling versus twenty two percent who would prefer their lawmakers vote for an increase and the feelings were even more negative among those who said they were closely following the issue with fifty three percent of those people saying they were against an increase compared with

thirty seven percent who are in favor and that's despite dire warnings by policymakers and experts that a default by the u.s. government could be a disaster and scales country hasn't seen in almost a century would likely cause higher interest rates not just for the federal government and throughout the economy and suffocate already drowning economy even more perilous somewhere along the way that message has been lost on the american people as both sides continue to play the blame game. it is time for a daily call your chance to tell us what you think here is that is question is mitch mcconnell calling for an end to democracy with his request for the constitution to be changed and choices are yes it's a go where our ability to choose our will be governed or no he's just angry because this fellow conservatives went after him because he's ok with obama looking but that's you log on to. what you think the poll be open till tomorrow morning. after the break conservatives brian darling had his sermon to join me for a loan a liberal rumble.

a new website twenty four seven live streaming news times what to do about the ongoing financial hardship unlimited free high quality videos for download. and stories you never find on mainstream news. to me that there's a new political. posting more on the artsy ducked. for. the.

website it's twenty four seven live streaming news towns that can tell you about the ongoing financial hardship unlimited free hypo-t. videos for download. and stories you never find on mainstream news. in the me that will sell. all the political. posts in more aren't done. for. fun. for.

wednesday night and time for the lone liberal when i debate to expert conservative commentators on the big issues of the week are pals and i and other sir mark conservative strategist and managing owner at four forty group public relations and brian darling contributor to red state dot com a government dot com and director of government studies at the heritage foundation brian at the well you know it is bigger the house john boehner told a group of reporters today that the debt ceiling negotiations are not going so good this is like trying to nail jello to the wall is basically how would you describe the president. what are the republicans bringing to the table. well the country the bringing a balanced budget amendment to the constitution of the table that's one thing but that's actually it's actually not a balanced budget amendment it's a two thirds majority agrees taxes on billionaires and corporations and that has a little bit of balanced budget attached to it so they can call it that well i

don't know if you notice but in a balanced budget amendment the language isn't saying anything about millionaires billionaires it applies to all americans it would be it would take a two thirds vote of both chambers to raise taxes on all americans no matter how much you make that's a good thing we need to make sure that all of us have been cut dramatically in the last thirty years of there's going to be a raise that you know during the period of the strongest growth in this in this country in the forty's to the seventy's millionaires and billionaires are paying ninety one to seventy four percent the high tax rates of this country right yeah well actually because of the high tax rates because people as though they get money out themselves they pay so much tax on it they keep their business well i think i mean the house republicans have every reason to take their guns i mean they are the majority i mean in spite of what mitch mcconnell said today what they're going to join us this time saying there's no reason for them to back down you know they should stick with what the good of the country. they are suggesting a plan for the country now the senate can say you're talking about your plan now

i'm talking about talking about the plan they've had that they've been debating which is that we want to we want to cut the amount of spending the raise the debt limit the republicans have not proposed a plan they've been negotiating the problem it's not going to be idea of how to cut cap and balance when they have a balanced budget amendment they would like to attach one you don't limit increase they've had only one of them has nothing to do with with what's going to happen on august second it will cut cap and balance has been out there they are negotiate with it it's not going to start them when i see no reason for them but i know something interesting through these are nothing to do what's happening in august second either i mean putting tax increases on the table was nothing new so who doesn't agree with us that half of the total debt this or deficit this year is going to be is the result of the bush tax cuts and that was true the last. the year before that the year before that the year before that you add it all up i mean the republicans have run up nine trillion dollars of this so-called fourteen trillion dollar debt i mean is thirteen and change a lie don't the republicans want to pay the bills the thing ran up well first of

all it's not them not paying the bills we've got a massive explosion of medicare medicaid social security surplus it is more than doubled in what i said how do i still need all the years to wars and it seems like we're going to get a new word under the obama administration to do so military spending will probably expand and they cry and i would both admit that both parties are thought we have both parties you have a spending issue and i'm glad we're debating that over talking about how the cia failure is to add something to show you how the debt limit is really is the ridiculous it really is not a good way it is it's a view we have a jobs problems countries alan grayson pointed out anyhow the british phone hacking scandal keeps on growing now you know it's clear evidence of crimes have been committed within the murdoch empire originally it was being spun as oh it's just the you know if you crazy people over abuse the world we're going to even shut down one hundred hundred what thirty six year old newspapers and the like a very very very substantial paper shut it down then we find out it was the sun and

then we find out it was the sunday times of london and now it looks like this is just basically the culture of the murdoch empire in the u.k. and now there's there's some rumbles that it might be the culture of the murdoch empire in the us because mr in some cases name friends who was who was running jones and the wall street journal was over there with the news of the world and that whole bunch when all this stuff was going on so there's no you know oh it's obvious before fox goes on and i know that would be here you could start celebrating if you were coming down that's the only that would happen to maybe not but i'd lose a good debate about the reality is listen i mean obviously i wouldn't want to know if fox and wall street journal are doing those things but there's no way that evidence of that right now great britain because there's been no investigations. well i mean it's today's no allegation either well actually today we had a democrat jay rockefeller blogged about it and steve king a republican from iowa both called for an investigation into into what's going on with the murdoch empire here in the united states they were calling for an

investigation into fox news the wall street journal and then we have the new york post no i can't imagine because there's no evidence in the public bill that's because there's you know there's to gauge wrong so so you need to investigate somebody without any evidence that this stuff wrong this stuff in the u.k. it's it happened ten years ago the guy who's running the u.s. a program testified before parliament under oath it was one bad apple private investigator that they had hired and one reporter associate with him and they had fired him years ago when he had to report you know with if we should listen to what scotland yard when he had a report that said all i know there's a whole bunch of people you know in your employ doing something this guy perjured himself well i mean i think so you're i am i would say if there's a reason to investigate then that's great but i don't think that king as much support for it is you know called our investigation because there's nothing to there just isn't it very quickly fox news is the one news agency that's not

reporting on the story how long can they continue to. go on sure they won't continue to ignore it i'm sure they reported at some point is that as it gets bigger and bigger it's obviously a huge scandal it's something that's being reported throughout the world but there's no evidence that fox news has done anything wrong and you can't present anything they talk about well in these numbers like zero zero zero zero with a lot of thought about drug war on the left loves to talk about it because they want to take down fox news they want to attack the new york post they want to attack the wall street journal and they don't have any evidence to do so ok speaking of the wall street journal today the wall street journal is reporting that homeowners are are going to get screwed i mean this is this is the because we didn't restrain the banks because we didn't we didn't reinstate glass steagall the the deregulation basically of the banks that happened in ninety nine and two thousand. is largely still employees and the and the agencies that oversee the banks or are constantly struggling for funding and the head of the consumer agency congress won't even give obama his nominees and so the banks toure's are now

starting to do subprime loans again this was where the wall street journal reporter she's what i'm going to go just i'm so glad you brought this up because also just yesterday in the wall street journal it was an opinion piece talking about a new book that's coming out that's going to back up the minority report of the se i see which said that it was not wall street that led the way to subprime mortgages it was actually the government that did it and that barney frank and chris were odd because he was knocking on people's doors saying is ready for as a result of what president clinton did with the affordable housing that's it opened the door for the government to start subsidizing these people who should not have been since the affordable housing to have to get right subs i'm not going to saying this is a new book that's coming out by a new york times. reporter because a book i was and you know it is one of the reason i bring it up is because it confirms that minority report out of the f.b.i. things then she's what we call reason let's listen forty one of them that there is

two to two entities that for that the clinton ministration that the democrats were for saying hey you guys and prayed about it with breaking water dive you introduce the act that has transformed all banking industry let's see a very very difficult for the banks through anything let's actually it's the offices and it's very easy for the banks and you to know if they're regulated a way for exams hero c.e.o.'s to nine hundred trillion dollars worth of these these phony debt insults and are you arguing that these banks shouldn't loan to people who are low income and give them the opportunity to own a home are you seeing i am making that argument i am arguing that people who don't qualify for mortgages shouldn't get their qualifying they're getting these mortgages all of them here in the computers are things you know little. i home and banks are going to are doing what they did before they're going to stand that that wall street journal story and having tempo story that you're alluding to isn't talking about banks talking about private company it's right there doing the work that banks can't do because they're being too overregulated by the government

because they were faulted for supposedly doing this if the government but those private companies wouldn't be doing it if they couldn't sell those mortgages in the secondary market which is the banks banks are buying those mortgages the truncheon of their ship them off i mean we're seeing let's have some government regulation to prevent system low income people left to rent begin to rent they won't be allowed to own their own home if that is going abroad. then you shouldn't can afford to buy a house or qualifying for these loans i mean some of these you know buy the paper was a good solution is let's not bail a moment back and let's not use federal money to build these guys out if they buy bad paper let's consume let's let's say let's not bail out the banks there's again we give the banks are trillions is no that should not be overlooked and i will bring it up again on future shows is that the two thousand and eight i mentioned prices have been claimed on the same stars as you say it's been blamed on wall street and glossary has which is following the lead of government agents well is i trace a party phrase i tried to see in whatever. you can see that is if i were to

stipulate that that it was entirely or half half the cause have caused by barney frank chris dodd bill clinton and the other have caused by the bankers let's restrain both of them. with the stream of government from bailing them out if you if you see right now if you buy bad paper and it goes bad you can't really start of that money you're stuck with it i mean with you we have found a point of medicare the house reached what. some people call a grand agreement to present a problem a consider republican proposal raise the eligibility age of medicare from sixty five to sixty democrats are freaking out at the president even talked about this kaiser family foundation ran the numbers on this this. it's going to cost seniors five point six billion bucks it's going to cost employer retirement programs five and a half or a half billion dollars in federal cost savings are going to be very slim was that less than a couple billion dollars because you know people are not that expensive at that age

and they start getting expensive about a decade later so in fact we actually have a quote here from the congressional budget office about the eligibility age it says the proposal would have little effect on the trajectory of medicare's long term spending because younger beneficiaries are healthier and those less costly than the programs after everybody fishery so you know is this the worst idea for medicare reform to ever be proposed by either party no breath of fresh air i would say that obama is the victim of met a scare tactics that wants you know because republicans are usually the ones here oh my gosh you know they're going to kill all of our seniors if they're fresh chained up and all of that obama wants to kill seniors and so no i'm saying it's ridiculous and i'm glad they're you know maybe they will die as the result of no having no insurance and we all know that people are living longer be a longer expectancy life expectancy people are working later actually the united states has been pretty flat over the last thirty years and europe has been living longer in the us it's been flat but it makes sense to raise the retirement age it

makes a lot of sense and we should a lot of people like it but every decent it's arch but i would have you know radius as you just want to put everybody on medicare that's your goal is to lower to no he's not that some twenty five years old i actually wrote you can google as i wrote an article two years ago called cash for geezers in which i suggested that if we dropped the social security medicare eligibility ages to fifty five about half of people between fifty five and sixty five right now in the workforce would drop out of the workforce you would see unemployment go down to three or four percent it would tighten up the labor market which would drive wages up as it drives wages up a drives up tax collections and it would pay for itself and you had several that would hurt the really with guns so it was signed off on that you would have massive health care inflation if you just don't more federal money into the health care programs then you're going to. health care inflation if you don't have health insurance now you know you can if you're going to sit here fifty five is nothing is where people really get sick it's not going to cost that much more yes people get sick their seventy's and eighty's typically that's there you want to expand medicare and social security that's your idea of reform yes and how to balance the

budget absolutely lower you know cash for users of the retirement age take those people out of the out of the work pool and open up some space for twenty year olds to give these contracts implying that the fifty five year old who want to work anymore well i think it's going to happen probably wouldn't that's that's a guess about half of them probably work so i don't have a government that is based on what's happened to have more government dependency but i think european countries i mean their work i think it speaks a comparison you know from state i've lived it is a no i mean it's we have all rights not for gary out of the best country in the world i was going to say that you'll agree on a good liberal clyde last question quick fire one sentence response please name one thing that the republicans have offered in all these negotiations of the president regarding the debt that is it qualifies as shared sacrifice well it's budget amendment that's not sure that's not going to hurt the republicans whereas the shared senate will get a little richer if you don't spend what a transnational corporations you know one thing it will restrict defense spending you'll have to shrink defense spending if you have a balanced budget doesn't it doesn't name defense spending any more than it doesn't name you to put.