yes st john darche john tom. well i'm john martin in washington d.c. and here's what's coming up tonight on the big picture tying keeps on ticking until our nation is no longer able to pay its bills when the republicans stop their charade their 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 aqim the news information could fox so-called news be for sale as

a headline and barofsky sure. it is you know this today's round of negotiations between republican lawmakers and 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 be 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 are digging in instead increasing the debt limit and dismissing the potential economic consequences from a default that a mcconnell revealed the real objective behind his controversy or propose just like we do shutting down the government and i didn't know he was not going to work you know bill clinton got reelected or refused to help iraq obama get reelected.

marching republicans into a position where we called a ship 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 negotiations are conventional anything it's that we can't leave it to politicians in washington to make a difficult decision who need to get our fiscal house in order and a balanced budget amendment will do that for them now is the moment no more games no more game and the constitution must be amended to keep the government in check we've tried persuasion we've tried negotiations we tried election nothing has worked what elections have a worked in center senator mcconnell missed the lecture in civics one o one that explains a lot sions is the first cornerstone of democracy so with republicans determined to

do everything within their power to take down president obama's presidency and matter what harm it may bring to americans or 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 from a congressman alan grayson representative 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 but the response has been overwhelming over two thousand people have already gone through it so economists look at me. whereas those one hundred thousand dollars was the forty eight hours as 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 their investors on wall street are telling the press is not acceptable i don't know if you notice this but the stock market plunged two hundred billion dollars or more. ago when the news came out one of us on solving this issue so who connell's the only people actually over the republican party and that's well true but at the same time he you know he pointed out on laura ingram show. you know crashing the economy is trying to stop government during clinton seemed to in your some benefit the republicans i mean they they tried this with carter in seventy nine we actually you fault it on one hundred twenty million dollars for the bonds in one hundred seventy nine one day to fall and it kicked 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've you've you've been behind the curtain are these guys is this just all kabuki theater or are they seriously thinking about that they can bring down the american

economy and somehow politically benefit from our. it's all theater until the very end at the very end somebody will come up with a. bin or will present a wouldn't call this as the group's own since sliced bread and then we'll see if he has two hundred eighteen votes for and that's the way it works nothing matters until the very very well are all going on this little well he nine he don't want to so they're not going to do anything we're for them and you know american people aren't term at this point obviously it was for your concern for all of the market to market goes up every time it looks like republicans are going to compromise and what. every good looks like they want and that's of their i uncomfortable position for any republican yeah e.u. would think given as you point out that it's the it's the billionaires and the and the big corporations the 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 what's happened so far. you know seven back to the republicans have gotten a lot of birth from it think about it for two or three months now there are holes and so on and it matters to rile up america about the debt and deficit what to bet we have twenty two million people looking for you to find a full time job we have the million people in this country who can't see a doctor we're going sick and we have about thirty million families who over one of them they all want on their mortgage there were goose is higher than the bell you are the property. of those seems to me to be rather urgent problems with republicans that made tremendous political hay out of the site that we have to figure out what the budget it's going to be in the year two thousand and twenty one and the sad thing is they're going to nobody's even this fellow but they are

playing this is the republican coach who trillion dollars because i thought of them so why do i have yet to hear them say how it how a single penny not one single penny and you could benefit from this because the public thinks that the republicans are the party of fiscal conservatism which is what they want so they made a tremendous promise and it's been a the expense of america. and there's been a very compliant press on the whole thing congressman grayson thanks so much for being with us. you know i have to tell you as soon as people found out that i was going to be on sky oh microsoft's. stock. of. ed good luck to you again congressman we've got stuck on scott key researcher and blogger at think progress is here with the latest on what seems to be a never ending game of hopper taito washington we're going to game that we were just talking with congressman grayson welcome scott great to be with found out

where where do you think this thing is 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 they met for two hours and it was they 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 and in terms of revenue increases now at one point in the negotiations according to the press reports and they've been i guess actually 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 or was that a fact and president looked at him and said your speakers got it in other words that the guy said next to you who's your boss and in my dealing with you or with

him and then later speaker a senator or senator boehner congressman boehner came out with their speaker pioneer came out with a his office said that he didn't have an actual plan in other words apparently this interaction really happened or these guys like set 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 nominally 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 with politicians are supposed to be doing and reaching a deal with the president there's eric cantor lying in the wings ready to you know potentially snap up 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. of the budget and so in thirty six he ran a campaign about his budgets again because the republicans were all over him about that oh it got bad and he actually in thirty seven when he became president cut spending and produced another mini recession i mean depression it could be great depression period from thirty two to thirty six was the great the strongest period of economic growth arguably in the nation's history and he blew it by going to the republicans jimmy carter they went after jimmy carter in seventy nine and caused the farm 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 whenever there's a democrat office they scream when you can 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 find ourselves in was accrued under republican presidents you know back in the bush years bush was in the white house for eight

years and republicans controlled congress for it we've six of those they passed a clean debt ceiling hike nine hundred separate times raise the debt ceiling about four trillion dollars you didn't hear them crowing about making these really onerous the man's back then but now that we've got a democrat in the white house all of a sudden the bit in deficit or you know the worst problem that our nation has ever faced is jude wineskins two santa claus theory being played on steroids it's just it's absolutely amazing. is is the is the word on the street we have just a minute left is the word. 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 oh it even republicans admit it you know in john boehner words to be a financial disaster and lindsey graham is that this would lead to financial collapse and calamity around the world you know enough to go further than listening

to the republicans and hear what the consequences would be of not raising the debt ceiling and 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 rating agencies like moody's threatening to downgrade the u.s. as a result a remarkable scott thanks so much for the banks for having to 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 close their eyes and ears to 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 in the feelings were even more negative among those who said they were closely following the nation 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 in the fall by the u.s. government could be a disaster on the scale this country hasn't seen it almost a century but likely cause higher interest rates not just for the federal government throughout the economy and suffocate already drowning economy apparently somewhere along the way that message has been lost on the american people as both sides continue to play the blame game. there is time for our daily poll your chance to tell us what you think here is that is question is miss mcconnell calling for an end to democracy with his request for the constitution to be changed your choices are yes this is 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 wrong as arbet of kabul is what you think of paul b. up until tomorrow. after the great conservatives brought in darling and have the ceremony join me for a loan a liberal robert. new

website needs twenty four seven live streaming news towns what to do about the ongoing financial hardship unlimited free high quality videos for download. and stories you may never find on mainstream news. to me that is so. political. posts in more than aren't done just. fine.

website with twenty four seven live streaming news time what to do about the ongoing financial heart of unlimited free high quality videos for download. and stories you never find on mainstream news. of the. political. posts and more are not just. 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 our pals and i rather sir mark conservative strategist and managing owner at four forty group public relations and brian darling contributor to red state dot com big government dot com and director of government studies at the heritage foundation brian at the well i'll tell you it is because 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 he described the president. what are the republicans bringing to the table. i'm sure they're 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 then that

has a little bit of balanced budget attached to it so they can call it that but i don't know if you noticed in the balanced budget amendment the languages and say anything about millionaires and billionaires it applies to all americans it would be it would take it 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 it harder to 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 from the forty's to the seventy's millionaires and billionaires are paying ninety one to seventy four percent despite the high tax rates of this country right now it will actually because of the high tax rates because people taking money out themselves they pay so much tax on 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 inside of what mitch mcconnell said today what they're going to join us as i'm saying there's no reason for them to back down you know they should stick with what about the good of the country well they are suggesting a plan for the country now the senate can say you're talking about here to things

plan now i'm talking about talking about the plan they've had what they were debating which is that we want to we want a cut amount of spending one raise the debt limit to the republicans about proposed a plan they've been negotiating. to do and how to cut cap and balance plan they have a balanced budget amendment he would like to attach to any debt limit increase they've had value as a limit has nothing to do with what's going to happen on august second it cut cap and balance has been out there they are negotiated it is not going to start. but that is not reason for them but i was stating kerosene through these are nothing to do what's happening in august second either i mean putting tax increases on the table about nothingness 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 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 it's thirteen and change why don't the republicans want to pay the bills that they 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 that is more than doubled in what i said how do i send you evildoers who wars and it seems like are you gay so let's get a new word under the obama administration to do so military spending will probably expand and before i know it both admit that both parties are oh we both parties you have spending issues and i'm glad we're debating that over talking health care to see if really our is to add something to show that you have a deadline that is really starting to kill us it really is not a good way it is it's a view we have a jobs problem is countries alan grayson prego anyhow the british phone hacking scandal keeps on growing now you know it's clear evidence of crimes have been committed within the murdoch and i originally was being spun as oh it's just the you know if you crazy people over at news of the world we're going to even shut down one hundred thirty six year old newspapers and the like a very very interesting paper substantial paper shouted out 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 u.s. because the mystery in some is his name and some who was who's running the dow jones and the wall street journal was over there with the news of the world that whole bunch when the obvious stuff was going on so there's no you know a lot of things obviously for fox goes on the i know that would be a year you could start celebrating if you were coming out and seeing that it happened today to maybe not i thought 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. i mean today is no allegation either well actually no today we had a democrat jay rockefeller blogged about it and steve king a republican from iowa but with 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 going to new york post no i can't imagine because there's no evidence in the public dole that's because there's been no indication long so so you need to investigate somebody without any evidence that this is the wrong 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 they had fired him years ago when he had to report you know if there were if we should listen with to. 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 this and this guy perjured himself i mean i think so your honor i would say if there's a reason to investigate then that's great but i don't think that king has much support for his you know call our investigation because there's nothing that this is going to separate very quickly fox news is the run news agency that's not

reporting on the story how long can they continue to. i'm 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 of fox news's done anything wrong and you can't present anything to talk about well in these numbers like those little we don't want to throw out about a brother who 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 law 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 is this the because we didn't restrain the bankers 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. the agencies that oversee the banks or are constantly struggling for funding and the head of the consumer agency congress when even you know give obama his nominees and

so the banks are now starting to do subprime loans again this was where the wall street journal reporter she's what you know this guy 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 you know this was going on people's doors saying it is ready for as a result of what president clinton did with the affordable housing act it opened the door for the government to start the subsidizing these people who should not have been so it's be affordable housing to activists right subs i'm not going to say is you it's a new book that's coming out by a new york times. reporter because a book doesn't you know it is one of the reason i bring it up is because it confirms what i nor any report of the seeds then she's really whole reason let's

let the jury hear a moment that there's two two bit two entities and that the clinton ministration that the democrats were fought for saying hey you guys it and put it on the breaking waters died for you introduce the act that has transformed what phil banking industry let's see a very very difficult for the banks to do anything let's actually it's the opposite it's very easy for the banks to be to now if they're regulated the way for example . to nine hundred trillion dollars worth of these these phony debt insults and then you're arguing that these banks shouldn't loan to people who are low income and give them the opportunity to own a home you see i am making that argument 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 mainland computers are things you know little. home and banks are growing ever doing what they did before they're going to stand that that wall street journal story and how the tempo story that you're alluding to isn't talking about banks it's talking about private companies right that are doing the work that

banks can't do because they're being too over regulated by the government because they were faulted for supposedly doing this if the government did but those private companies wouldn't be doing it if they couldn't sell those mortgages into the secondary market which is the banks well banks are buying those mortgages the truncheon about theirs they're shipping them off i mean we're seeing let's have some government regulation that prevents system low income people after rent begin to rent they won't be allowed to own their own home if that is a liberal. house then you shouldn't. buy a house or qualifying for these loans and somebody you know buy the paper or the 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 and soon let's let's say let's not bail out the banks there's again we give the banks are trillions of one of those that should not be overlooked and i would bring it up again on future shows is that the two thousand and eight imams of crisis have been blamed on the face there is as you say it's been blamed on wall street and wall street has which is following the lead of government agents well is

i try to save or any phrase i tried to say government agency that you can see down zomi is if i were to stipulate that it was entirely half half because i have caused by barney frank course bill clinton and the other have caused by the bankers let's restrain both of them. which restrain the 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 president obama may consider republican proposals will raise the eligibility age of medicare from sixty five to sixty democrats are freaking out that the president even talked about this kaiser family foundation ran the numbers on this this is. going to cost seniors five point six billion bucks it's a cost employer retirement programs five and a half or a half billion dollars the federal cost savings are going to be very slim less than less than a couple billion dollars because you know people are not that expensive at that age

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 every beneficiary so you know is this the worst idea for medicare reform to ever be proposed by either party you know a breath of fresh air i would say that obama is the victim of net a scare tactics that once you know his republican are usually once you oh my prize you know they're going to kill all of our seniors that's their freshening up and all the mental problems to kill seniors are so no i'm saying it's ridiculous and i'm glad that you know maybe they will die as the result of not having health insurance as we all know that people are living longer they have 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 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 arch wise would have you know if you just want to put everybody on medicare that's your goal is to know we're going to know the united that's not going to you because it will hold 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 the 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 it would hurt the really who would guns so it was signed off on they 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 he's you know you can't afford to get health care fifty five is nothing ages where people really get sick it's not going to cost that much more yet people get sick in the 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 and the other retirement age take those people out of the out of the work pool and open up some space for twenty year olds to give discounts or that's implying that fifty five year olds 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 were so i mean our government is based on what's happened to have more government spending to you but i think there's been countries i mean that work i think it speaks areas that you can say i don't live with but no i mean it's we have our it's not for gary out of the best country in the world so we are going to say that bill agree on it gets overlooked the last question quickfire one sentence response please name one thing that the republicans have offered in all these negotiations with 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 where's the shared so you know it will a little richer it didn't spend it a transnational corporations you know. it'll restrict defense spending you'll have to shrink defense spending if you have a balanced budget doesn't it doesn't name defense spending and.