tv [untitled] August 30, 2011 9:30pm-10:00pm EDT
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they in their homes for example you know that rather than throwing money to the bank strippers when the when the mortgage meltdown happened why didn't they give money to to homeowners they wouldn't buy this what franklin roosevelt did back in the thirty's. he created because most people had five year mortgages back in the thirty's and they were blowing up and so that's why i will create a federal agency would tie your five year mortgages chinaman to thirty year mortgages and you can pay them off over time the federal government actually made a profit on that over a forty year period where they could throw out a lifeline for the unemployed they can say ok unemployment insurance like with virtually all the european countries it lasts as long as you're unemployed it doesn't end at the end of fifty two weeks or ninety nine weeks or whatever it lasts as long as you're unemployed so that the unemployed still have money in their pockets to spend creating that demand which is what stimulates the economy congress could close the corporate tax loopholes that allow companies to ship us jobs overseas by the millions they could get our students a jet debt into
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a job but more importantly to fix the problem for good we need to build a new dam a dam of the solid foundation of a protective trade policy that allows us industries to prosper and not have to compete with cheap labor around the world a damn piece together by a reasonable tax policy that helps grow the middle class and not just the top one percent of wealthy americans or the four hundred dollars a damn that's not the planet upon the military industrial complex an endless wars around the world like george bush brought us a dam it's agile and can bend and move according to pressure behind it in other words a dam built by lawmakers who know what's best for america and aren't afraid to tell their corporate donors no. we need to give ben bernanke you rest and call on congress to fix our economy by rolling back reagan's insane taxing and borrowing policies and clinton's failed so-called free trade policies that's the only way to
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keep our nation from being washed away by the damn fine they put us that's the big picture. coming up cutting from wasteful spending is the new republican mantra for what is that so-called elite school spending as actually hurricane disaster relief how one congressman is leading the push to leave flooded i reinvent them sighing and dry. let's not forget that we had an apartheid regime right now and. i think i'll be the one to well.
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we haven't got the book says they're going to say get ready because of their freedom. you know sometimes you see a story and it seems so silly is if you understand it and then you glimpse something else and you sure see some other part of it and realize that everything you thought you knew you don't. charge is a big issue. and
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welcome back to the big picture i am lucy calton up and tom hartman now coming up in this half hour residence in vermont continue to struggle in troubled waters and are in desperate need for emergency funds are surprise surprise the house majority leader eric cantor has decided to turn to disaster and some political war later on the show tom will give his take on why the legislative powers that be to refocus
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their attention from overseas in their own backyard in just the. right will the republican house majority leader eric cantor has officially chosen his next hostage unfortunately they're the victims of hurricane irene now with flooding as as high. nearly a foot in some areas the hurricane has left the state of vermont struggling in the worst natural disaster in more than a century and that's several towns that still remain cut off from funding from aid because the washed out roads and bridges are just blocking any efforts there but the storm did kill more than forty people along the eastern seaboard we can one in ten billion dollars in damages not to mention the fact that hurricane katrina is still fresh in everyone's mind so it would seem that funding for the disaster relief is one of those rare few things that both parties think perhaps agree on not
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so much it seems especially not if you are eric cantor the congressman decided that this was asked who was the absolute perfect opportunity for him to take a political stance to show the world just how serious he is about cutting frivolous spending you know frivolous spending on disaster stricken americans very very prevalent here now here's a congressman on fox news yesterday explaining his stance. in instances like this yes there's a federal role yes we're going to from the money we're just going to need to make sure there are savings elsewhere to continue to do so. now cantor is now calling for a huge cuts to thema as well as first responders programs to offset any additional disaster relief funds as an cutting. from disaster relief programs to fund disaster relief i don't really know how this works but apparently he does and the irony of cantor's demands didn't escape louisiana senator mary landrieu who asked
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rhetorically is it really makes sense to pay for response and reconstruction costs from athens asters by reducing our capacity to prepare for future disasters now of course this is encounter first foray into disaster relief irony when the tornadoes wiped out joplin missouri back in may only agreed to a billion dollars in disaster relief if a billion and a half dollars were cut out of the green cars initiative in other words cut funding for. programs to curb global warming to pay for disasters caused by global warming you just can't make this stuff up now for more on what is wrong with eric cantor and his policies i'm joined by papper offload he is the economic policy director at think progress dot org pat thank you so much for being here so explain this to me. i get the republicans want to make cuts you know they're trying to balance the budget when they're talking about making cuts to things like eight or nine n.p.r. planned parenthood i mean i agree with politically but i get how these could be
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little flash points for their followers but to cut from fema and first responders in order to pay for first response efforts that doesn't really make sense to me no it doesn't make any sense at all you're literally literally wants to cut fema to pay for fema the problem we have now is that female is down to its last legs it has about eight hundred million dollars it's bank account for disaster relief and obviously this storm caused billions of dollars in damages and eric cantor is now saying that that needs to be cut from somewhere anywhere the bill that he suggested was cuts to first responders but interestingly eric cantor in two thousand and four when his district was hit by a storm had no one did not hesitate at all to ask for federal funds to pay for relief and in the letter he sent to the disaster relief funds to fema to the executive branch didn't mention offsets anywhere surprise surprise and i mean for cheney it was hugely impacted i was flying out of the country i supposed to fly
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back i couldn't fly back on sunday because the airports were flooded. or under threat of being flooded so i don't know is there some it's his state. exactly it really makes no sense and not only are the republicans asking this particular set of disaster relief be offset by budget cuts elsewhere if you look at the appropriations bill that they passed out of the appropriations committee in july it actually cuts funding for hurricane monitoring this particular kind of hurricane monitoring is per planes military planes that actually fly into the hurricane and look around and get a better sense of exactly where the hurricane is going this particular organization see an estimated one hundred to one hundred fifty million dollars per storm their total budget is twenty nine million dollars and republicans are looking to cut it is just absurd to being especially when we're looking at a situation of where this country we don't i think those aside is still the wealthiest country in the world don't you think that when it comes to something like natural disasters that the u.s. government could be like ok guys we've got this one well it's
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a sense of priorities right how many freedom bombs that we're dropping on afghanistan could be put to what would it take to pay for the disaster relief here and in the history of this country how have there been other examples of the government potentially being stingy with things like disaster relief and say the past century it's really unheard of i don't want to speak to every single disaster back in the history of america but at least in modern history there's never been an instance where one party was standing against relief for people with effected by a natural disaster and eric cantor himself said had no did not hesitate at all to ask for federal funds when his district was affected as well as he well should have is exactly what a congressman is supposed to do and i'm wondering in your view and you've covered these issues for a while do you do you think that this is just the regular sort of back and forth rhetoric that we see out of the republican party or is has there been some sort of a shift sort of a more radical shift perhaps to you know hold whatever issue regardless of how it affects americans hostage in order to really drive home the point of going about
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what balance the budget. we're going to make hazardous escalated that is absolutely has escalated if you look at the debt ceiling fight that was a political football that was something that never been used as a political football before and suddenly the republicans were willing to let the country default in order to get their budget cuts and this is kind of if you think about the next logical step will threaten the country with a falter now we'll hole holds and disaster relief funding hostage to get our agenda through it really is a new phase and it's partly because of the tea party and in cantor's particular instance it's partly because he wants to look even more extreme than john boehner because i think he has an eye on that job future while john boehner has some less orange competition i guess but but but the same time i mean can't this campus fire bad back fire if you're talking about something like disaster relief i mean virginians are affected by that residents are affected by that real americans are affected by that and this is all for what i don't know the twenty's well the election. can to fall through and hurt them at the end i certainly hope so i have
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no faith in the american people that this is one instance where they will realize the g.o.p. is really going to absurd lengths in this anti federal government in crusade that they've been on the right and it is interesting we saw the white house spokesman today point out sort of. meyer cantor for his his stance and laments that the republicans weren't more proactive about their firmness to cut spending and the previous administration but let's look at that contrast really briefly i mean we didn't really see this kind of rhetoric coming out under bush when we were spending money on a lot of all the tax cuts that are going to medicare benefit that was unpaid for two giant tax cuts that overwhelmingly benefited rich people and never a peep out of the republicans about maybe we should pay for it every once in a while you see somebody say oh maybe it's a terrible idea just get mowed down by the rest of the party but now something as critical as disaster relief is an excuse to ask for budget cuts right and given the
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fact that this has gotten media attention we're talking about it you guys have been posting about this. now there are other networks sort of start to look into this realistically is this going to be it an actual issue or are they going to get all the funding they need and i would like to think that someone on the g.o.p. communications side will realize that this can turn into a big disaster and backfire on them and the money will go through but you never know we've already seen fema say that they will not do any more reconstruction on the joplin tornado relief effort because they have to move money over to the hurricane relief effort so already it's having an effect it isn't something that is a theoretical effect and somewhere down the line it's already having an effect on people on the ground right now and just a place like they are here what's the next fight over a third issue that's going to get stuck in the political crossfire here we have the government funding resolution runs out in a few months the gas tax expires pretty soon there's going to be no shortage of things that the g.o.p. can hold hostage so essentially you're saying my job as a journalist is going to be plenty busy and and the coming months well at least
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were employed for at least there's some film or lining here not so much for the folks in burbank for print so they know where my parents are still without power so they expect somebody all right well thank you so much for your time thank you. all right well that may have been a movie but there was no snakes on this plane a passenger trying to board a flight out of miami international airport didn't exactly make it past the mike chertoff pornos an er the t.s.a. agents discovering the let's say a strange bulge in his pants now it turns out that this man was trying to smuggle
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bags of exotic animals in his trousers all in all to save agents found seven snakes three turtles stashed in not on bags in his pants all those photos you saw there right there and his underpants the whole legibly the man try to avoid a search by telling the t.s.a. agent that he was just happy to see him i guess it brings a whole new meaning to that saying there's a party in my pants. and a witch war is a bigger threat the war on terror or wall street's war on america well tom will break it all down for us in tonight's daily take stay tuned.
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let's not forget that we are in the fourth hard work. oh and we haven't got the says there's a safe ready for freedom. movement . in the world are all. of the. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else some other part of it and realize that everything you thought you don't.
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in california as fresno county is sacrificing a much of his own pay a stunning two hundred fifty thousand bucks for his past scrap school can stay afloat now for the remainder of his term power will make a meager thirty one thousand dollars a year salary which i have to say for some americans this is all they can bring home with the rest of his paycheck going back to the school budget over the next three years now when he was asked about the decision to take that i will said quote my wife and i are very well compensated we've been very blessed these are tight budget times in california for public schools and my wife and i thought that well we can do to might help change the dynamic in my particular area well done i certainly hope a few lawmakers here in washington will take a page from his rule. book i have had to say i can think of a lot better places that we can find some extra cash to help schools namely wall street running all that stuff would be bad but sean hannity there an advisor as
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tom likes to call him and then hannah ties are devoted an entire segment of the show last night to calling president obama dumb for mispronouncing the word corman take a look. this isn't a gaffe he read his teleprompter three times and he doesn't know the name corpsman any such a commander in chief and you have the courage to admit it if you read them three times this is fascinating right because he's such a genius like if you give me write a thesis of columbia i look for them to release it i love to see what it was about i think in the spirit of being the most transparent administration you'd be willing to give it to us but let me ask you do you think he made a mistake or do you think he didn't know what a korban was i think it i don't like every liberal he genius that drives the economy i sure did and then you say this guy's brilliant and i'm just curious because that's what. the economy a message true wars three wars war were the fighting and how you count i am very happy to see that fox news is really taking up the the real issues that affect this
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country and let's remember the facts folks president obama was president of the harvard law review and sean hannity is a talking head on fox news who dropped out of college and that will get him birth tourism now i have to also admit that if we were to play a compilation of all of the bush pronounce the actions or presentation fails i'll have to be on air for a little bit longer so when it comes to intelligence i think this case is closed and now the very very seriously ugly rush limbaugh yesterday on his radio show limbaugh ripped into the comments made by former president secretary of state colin powell who in a rare political honest moments actually revealed that he's not sure whether he is going to vote for president obama again next year so naturally little balls play the race. take a look. in the end will vote for obama. there's no doubt about the titular head of the republican party the ideal body republican
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will vote. no but it is thicker than water for. no one and maybe thicker than water but i'm not sure if anything is as big as that man's head and that's when all else fails there's always over reason to stay in the headlines and that's the very very happy. with the war in afghanistan still raging on the economy is still tanking thanks to the banks there's not much has changed in the united states of america in the last few months now tom took on this troubling scenario back in may calling on americans to the priest replace the war in afghanistan with a war on wall street out of control behavior think about the last decade america can be defined by three words war on terror it's a definition that's been advanced by both our politicians and our media and while we've been so focused on this war on terror or that's a vivid imagery of
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a smoldering world trade center the bearded anti-christ of solid law and our soldiers and desert camel control and across the middle east there's another war that's been completely forgotten and that's wall street's war on america we're only three years removed from one of the worst financial catastrophes in the history of this nation but since you are right down down since it went down right smack dab in the middle of the war on terror it was on george w. bush's watch it's been ignored. nine eleven nearly killed or did kill actually nearly three thousand people a terrible terrible tragedy no doubt and i'm not trying to downplay the importance of being vigilant against terrorism. there are people who want to kill americans around the world that's a fact but the financial crisis of two thousand and eight is that banks tears on wall street can do far more damage to our nation that any terrorist could ever dream of all the costs of nine eleven or mostly american lives amaj to symbolic
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buildings and a blow to our national psyche cos of the wall street meltdown are far far greater millions of people have lost their homes millions more are losing their jobs millions of divorces and explosion in child abuse a spike in suicides and trillions of dollars of wealth we literally removed from hardworking americans it was equity lower wages lower pay and fewer benefits for the worst unemployment our federal budget most state budgets had enormous falls blown in them threatening to take down our economy undo all the progress that's been made since the new deal helped create the american middle class the dollar is teetering on collapse thanks to bush borrowing five trillion dollars to fight two unnecessary wars and give tax breaks to his oligarchy billionaire buddies. and china is going to take us over as a world economic super super power in fewer than five years in large part because
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we've devoted all our resources to chasing terrorists around the middle east instead of investing in our own nation like they've been doing very wisely. the days of the american empire a number and it's not because of been war. it's because we'd been added by our own banks toure's. heard a spat. but wall street nearly ended america as we know it. and still damn well could and frankly i will certainly will do it again. al qaeda is considered public enemy number one and our politicians have spent trillions of dollars fundamentally remaking our society compromising our freedoms and ideals and burying our reputation around the world just to engage in a worldwide match with this sorry small band of crazies and criminals. seem to be willing to pay any cost to make sure nine eleven doesn't happen again even stupid
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costs like stripping our rights and putting chertoff pornos scanners in our airports paid us all with radiation. but we will financial collapse what are we willing to do to make sure that doesn't happen again. well we've spent trillions in corporate welfare to bail our banks we haven't spent a dime on preventing another crash. well street lobbyists went to work making sure that any financial reform laws were either killed our right or watered down to the point of view relevance. and they've been successful and now republicans in congress are even making sure that those miniscule wall street reform laws that were passed back when the democrats controlled congress won't be enforced. basically nothing has changed since two thousand and eight more bubbles are being created and is the reason standard and poor report warn there's more risk in today's market then there was before the meltdown in two thousand and eight. it's
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like if after nine eleven bush said what me worry everything's fine. i think the american people would have been satisfied with that answer i doubt so why does the republican party think they can sit back and lock in a hammock efforts of democratic reform and let wall street take down our economy. is that how powerful the wall street lobby use it is bribe some politicians and get back to business as usual ruining our economy like nothing happened. it makes you wonder if al qaeda had lobbyists with the war on terror ever it happened pakistan for example actually does have a lobbyist right here in washington d.c. and they're already pressuring lawmakers to own down the rotary on pakistan's involvement in hiding but lost. in the next few years thanks to our trillion dollar plus so-called war on terror america may escape not getting hated by again but one
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thing we want to scape is another wall street take and this time when wall street implodes we will find ourselves in the midst of the second great depression and will wonder why we didn't see it coming. why why were we chasing terrorists instead of banker stores this decade is closing was a huge victory of the nine eleven for taking. unfortunately looking at the next decade in america and the mess that has yet to be cleaned up on wall street terrorism is the least of our worries. as well that is it for the big picture now as always for more information on the stories we've covered as well as more as visit our website thom hartmann dot com free speech or on r t dot com now forget you can catch the full show on our youtube channel two thousand packed those links are up there at tom hartman and dot com now the entire show is also available as a free video podcast on i tunes and if you're lucky enough to have an i pad or an
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iphone from hartman has a two apps for you all for free press you can always send us feedback on twitter at tom underscore hartman and on facebook at tom underscore hartman and on our blogs message boards telephone comment line all of that info is that thom hartmann dot com he's taking over the internet i don't forget as tom always says democracy begins with you. out there get out there you are it.
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