. >> one premise, noam, which if you spent more the economy would be better. argue with the press saying spending less would have been more if you look at their economic views than spending more. >> the thing about the way the recovery shook out is they made a series of predictions. one of those predictions was that the economy would begin to turn around based on the stimulus in late 2009. they actually nailed that, nailed the date it would turn around as a result of the stimulus. then they made a couple more predictions. one is it would start to shoot up and accelerate. they got that right, too. it did start to accelerate. they thought it would hit something called escape velocity, it would keep accelerating into the upper atmosphere and everybody would be great. that was where they got things wrong. it started to accelerate and then -- >> i would argue from my perspective in my narrative, the reason they're getting it all wrong is they're not looking at the lack of investment. they're trying to manufacture money or manufacture spending to drive action. but t

the classic case is noam chomsky who was publishing his books in boston which consisted of one room, two guys and a typewriter. no one is going to pick him up. he never got reviewed. with a total blackout. united states is not interested in criticism and frankly the total pact did this in 1831. americans live in an orgy of self congratulations and if you bring up any problem they get fierce. it has only gotten worse since 1831. even back then, the alternative force doesn't have a chance and the media don't even have to be told by the government watch your step. they are self censoring. they watch this stuff. they may even believe it. >> might be a little off the subject but i wonder if you thought tomorrow's emergency alert system response is going to have a big impact on media. what i see is the government will be taking control over media. >> i didn't know anything about this to tell you the truth. why don't you say something about it? >> tomorrow a 10:00 homeland security and fianna are doing a joint effort for the first-ever emergency alert system. they will be broadcasting like

and anybody, look, the classic case is noam chomsky who for something like dirty years was publishing his luck with south end press in boston which can -- consisted of two guys and a pipe breaker. he never got reviewed. i mean it was like a total blackout. the united states is not interested in criticism and frankly, de tocqueville said this very well in 1831. he said that americans live and an of self congratulation and if you bring up any problems they immediately get various. that has only gotten worse since 1831 but even back then what i'm saying is that alternative voice doesn't have a chance and the media doesn't even have to be told by the government, watch your step. they are self censoring. they watch their step. they may even believe it too. >> it might be a little off the subject that i was wondering if maybe he thought tomorrow's emergency alert system response tomorrow is going to have a big impact on media. the way i see it as the government is going to be taking control over media. >> i didn't know anything about this to tell you the truth. >> wideout you say something

and anybody, look, the classic case is noam chomsky who for something like dirty years was publishing his luck with south end press in boston which can -- consisted of two guys and a pipe breaker. he never got reviewed. i mean it was like a total blackout. the united states is not interested in criticism and frankly, de tocqueville said this very well in 1831. he said that americans live and an of self congratulation and if you bring up any problems they immediately get various. that has only gotten worse since 1831 but even back then what i'm saying is that alternative voice doesn't have a chance and the media doesn't even have to be told by the government, watch your step. they are self censoring. they watch their step. they may even believe it too. >> it might be a little off the subject that i was wondering if maybe he thought tomorrow's emergency alert system response tomorrow is going to have a big impact on media. the way i see it as the government is going to be taking control over media. >> i didn't know anything about this to tell you the truth. >> wideout you say something

in fact he charted this path of radical politics and radical linguistics that basically noam chomsky would end up doing 200 years ago. no one else has quite done that combination since or before. and he started dabbling in a whole number of fields who got interested in electricity. he met in franklin in 1765, crucially at a coffeehouse in london when franklin used to hang out and he used to write a book about electricity it yet he had this idea of these amazing discoveries were having a field of electricity people in their labs could do these interesting experiments so he wrote this book on the history of electricity which invented the whole genre of popular science writing which is kind of how i make my living now so i am indebted in that sense and it was important because it was important one in the sense that it was about spreading of the ideas and getting ordinary people involved in scientific research and teaching the magic of all the stuff that happened but it was important also that it created this extraordinary friendship between franklin and priestley that lasted many years

it had nothing to do with 9-11, because there was no outcry done -- noam al qaeda there. they said the president can do whatever he wants. if you want to go to war, fine. if not, you do not have to. it upset me of debt. -- it upset me a bit. i introduce a substitute regular -- resolution. i said, i am offering resolution of a declaration of war. i am not going to go to war, but if you want it, you vote it. i am going to make your record and now that you voted against a declaration of war. [applause] it was explained to me by the committee chairman that they were trying to explain to me the constitution. he said, the part of the constitution is anachronistic. we do not follow that part of the constitution any more. that tells you why we are in trouble today, because the constitution does not mean a lot. the courts over rule it, and it is a real mess. we got in this message by not following it. we can get out of bed by sending only people to washington who can obey the constitution -- we can get out of it by sending only people to washington who can obey the constitution. t

. >> noam, you are critical on another track about how they dealt with the banks.y since 2008 benefitted the same institutions people think broke the economy. what was the story of how they ultimately reacted to the banks and how vulnerable do you think he will be on that front in 2012? >> yeah, it's a huge problem. it remains a big problem. they have this doctrine of overwhelming force, you know? you face a crisis, you've got to overwhelmingly respond to it because far better to spend a little too much money and to fix it than spend a little money and not fix it. they followed that doctrine to a tee with the banks. 700 billion in t.a.r.p. money, trillions in other guarantees and back stopping with the fed. they did not do that with the economy. they're paying the price. they left no money on the table to fix the banks. they can also see that when unemployment hovers between 9%, 10% for 2.5 years, he undershot a bit. i think that fact which is very clear to voters continues to dog him. >> we'll look at that as we go into the election. it's nice to have you. >>> we

it had nothing to do with 9-11, because there was no outcry done -- noam al qaeda there. they said the president can do whatever he wants. if you want to go to war, fine. if not, you do not have to. it upset me of debt. -- it upset me a bit. i introduce a substitute regular -- resolution. i said, i am offering resolution of a declaration of war. i am not going to go to war, but if you want it, you vote it. i am going to make your record and now that you voted against a declaration of war. [applause] it was explained to me by the committee chairman that they were trying to explain to me the constitution. he said, the part of the constitution is anachronistic. we do not follow that part of the constitution any more. that tells you why we are in trouble today, because the constitution does not mean a lot. the courts over rule it, and it is a real mess. we got in this message by not following it. we can get out of bed by sending only people to washington who can obey the constitution -- we can get out of it by sending only people to washington who can obey the constitution. t