is the reason why they were banana republics is the chiquita banana company right they were actually corporate occupied. none of the countries of latin america had anything to do with running their country for real which left them just with play acting like a crazy prince where the real country and all the economy and all the wealth was taken by chiquita and other corporations like coca cola so there was nothing there but for them to pretend that they were ruling the country and they acted very crazy good united fruit i believe was what originally when they moved in and they occupied those subtle american a lot of american countries and they got such a grand exposure to such toxic militarization of those economies and the slaughter of folks and killing of union members of they had to rebrand us to cuba. we kill less union organizers. union organisation is going to be slaughtered well let's look at these videos to see we're up america might look like the next threat the next time the deficit ceiling is hit here's india's parliament you see a nice brawl there let's turn to the punjab p

as long as democrats can win the election without demagoguing happy to turn america into a banana republic putting us on a high-speed bullet train to bankruptcy it refuses to deal with entitlements. second. the american people want to cut spending because they know it will create a better environment for job creation with the entitlement programs in the next budget process is four to have plenty of opportunities to talk about that. speaker of the house of representatives. is it safe to say both parties have the unreliable record? [laughter] >> by the way if i was picking out my most choice quotes for the book so security reform would not be it. i have said this to republican and audiences but sometimes they're not chickens but responding to the people that is a great thing about the tea party movement you have americans to have been thinking about politics and now they're starting to notice they are ponzi schemes. but they are denouncing the idea lawyers against the security it is the definition of a ponzi scheme. incoming money goes out to the recipients. that is the madoff plan. and the

as long as democrats can win elections by demagogy they are perfectly happy to turn us into a banana republic to put us on a high-speed bullet train to bankruptcy as they refuse to do with entitlements. second, cutting spending will be a better environment for job creation to muddle current issue with the entitlement programs tax increases that is what the next budget process is for we have plenty of opportunity to talk about that. the speaker of the house of representatives. is it safe to say both have the and reliable record to pursue entitlements? [laughter] >> yes. if i was picking out my most choice quotes from the book so security reform would not be heads but i have said this to the republican audiences, they may complain about the politicians and the czech and sometimes they're not chickens but responding to the people and that is the great thing about the tea party movement you do have americans who have not been thinking about politics. they are busy. they have jobs. >> now they start to notice security and medicare are ponzi schemes. i don't know if you watch msnbc like baidu but t

as long as democrats can win elections by demagoguing they are happy to turn american into a banana republicrowning in debt and medicare and social security putting us on a high-speed bullet train to a bankruptcy. the democratic party refused to deal with that. the second quote the american people want us to cut spending because they know cutting spending will create a better environment for job creation. to model current issue with entitlement programs and tax increases is what the next budget process is for. we have opportunity to talk about that. march 3rd, 2011, speaker of the house of representatives. is it safe to say both parties on pursuing entitlement? >> there is. if i were picking out by most choice quote from the book the one on social security reform would not be it. still, i have said this to they may complain about their politicians and sometimes they're not being chickens. they are responding to the people and that is the great thing about the tea party movement. you have americans who haven't been thinking about politics. they have jobs. now they are starting to notice that

they have something to do with the raising the debt ceiling -- this country has acted like a banana republic. all. these people, the old line if there's a light at the end of the tunnel, politician will be able to buy more tunnel? they just go on and on. and it's a disgrace what did going on in this country. >> you've read an what is the content of the article? >> the content of the article is basically saying that we -- you cannot deal with the problem of the fiscal curve in in country, which is terrible, by raising taxes. you've got to have substantial cuts both short-term and long- term. and if we don't do it, we're going to be faced with a huge economic crisis, and a crisis of confidence in the effect of our government. so we're not -- we're simply not doing that. >> would it extend the recession? >> yes, if we don't to 2 you mean? >> yes. >> absolutely. if even if with dough it will will have some effect on the economy and it won't be positive. >> okay. president obama says republicans have not produced a real debt reduction plan. >> i have not seen a credible plan having gone through t

islam is democrats can win elections, they're perfectly happy to turn america into a banana republic for social security putting us through the entire democratic party which fuses to do with entitlement. the second hokum american people want to cut spending because cutting spending both in fact treated better environment for job creation to mentally current issue with entitlement programs, that's what the next processes for her. we'll have plenty of opportunities to talk about that. march 3, 2011, speaker of the house of representatives. is it safe to say both parties have a pretty unreliable record on pursuing entitlement? [laughter] yes, there is. by the way, if i was picking up a most choice quotes from the book, the one of social security reform would not be it. no, i've said this to republican audiences. they may complain about politicians and their chickens, but sometimes they're not chickens. the respondent to the people and that's the great thing about the tea party movement. you do have americans who haven't really been thinking about politics. they're busy. they have jobs.

this is certainly not a banana republic.hat we've seen is an entangling of media and politicians and police, a kind of causeuasi new establishment with roles not being clearly enough defined. i think the second point to makeis that let's not forget britain has a very vibrant competitive press. and this story was exposed, not by a police inquire race, not by a parliamentary committee, but by a leading british newspaper "the guardian," helped a little bit by "the new york times," which crucially broke the story that broke the news international's defense that merely a lone actor was responsible for phone hacking. so i think that tests to the vibrancy of the body block. what -- body politic. we need to take a very hard look at our system o self-regulation in the newspaper, press and media industry, and there will be some necessary changes. i hope very much that we will not, however, adopt statutory legislation. > >> rose: could it be argued than that led to the hacking. >> well, we need to be clear. i'm the editor of "the "fina

than a lot of the traditional banana republics. seems to be worried about more how to extend unemployment benefits and a little less concerned about, say, writeoffs for private jets. >> nick kristof, thank you very much for joining us tonight. >> my pleasure. >> coming up, our panel weighs in on tonight's breaking news. david corn, richard wolffe, and david frum. >>> what had become apparent was that speaker boehnor had some difficulty in his caucus. a group of his caucus that actually think default would be okay. and have said they would not vote for increasing the debt ceiling under any circumstances. >> joining me now, richard wolffe, also david corn, and washington bureau chief and former speech writer for president george w. bush and founder of frumforum.com, david frum. richard wolffe, i've been suggesting for the last couple of weeks there were just too many incentives to get nothing here and that nothing was a very likely outcome under the circumstance, the president has successfully portrayed himself as the reasonable man,

how about we just come together and solve the problem so we're not a banana republic. >> the presidentord, it's social security going first, he's the one playing these games. >> he didn't say it that way, come on. >> nice talking to both of you guys, thank you so much. i wish we just had the whole hour to talk about it, i have learned so much from you guys. >> straighten it out, richard, and just get it done. >> thank you so much, have a great weekend. >>> now i'm joined live by jim mcdermott of washington state and you want more debate, we'll watch him on "meet the press" tomorrow and sunday, check your local listings for that. let's talk about this if we can right now and the issue of what the democrats as well as what the republicans want, we spoke earlier with what the republicans do want in terms of when they look at the ccb, that's what's going to be introduced on monday, what do you believe in terms of what lawmakers can get done. is this vote that's going to be happening in the house something that will be practical and will move us forward? >> absolutely not, it's another ploy

the only question is when do the markets decide that we're a banana republic. that's a very different issue. if you want to dot mechanical arithmetic of interest it's just not that big a deal. >> rose: what would you do if you were asked to, with full power to construct a deal? >> oh, wow, i mean i think what we-- constructing a deal i don't know how to do because you've got a lot of crazy people in there. constructi a solutio what the long-run solution the u.s. budget problem is controlling health-care costs. it means more of the kinds of things that we're already in the affordable care act. a lot of serious, serious efforts to bring the rate of growth and hlth-care costs down, bending thcurve, horrible metaphor but bending the curve. which we know can be done because other country does it and then we need revenue. in the end we're going to need three, four percent of gdp in additional revenue. you can get some by allowing the bush tax cuts to expire but we wl need more than that. in fact have a prediction. if david and i are still a around, i predict that we

have to have it all climate in washington is really unworthy of the usa and makes us look like a banana republict is true. i don't think it should be my way or the highway. when the president says $4 trillion, he doesn't outline what those are. i'm sure a lot comes from defense and a lot of programs that the republicans would have problems with. there are at least two baselines in their recommendation. they're making suggestions but it's going to be up to the finance committee and ways and means committee in the house, the finance committee in the senate to figure out how do you do all this and who actually is going to pay for this. >> i just know, and i've talked to a number of republicans on this show and they talk about raising taxes and how that's a job killer. but i do want to point out as i did last week with senator brown, raising taxes did not kill jobs during the clinton administration. you know the history. bill clinton raised taxes. the economy created 23 million new jobs. an eight-year post war record. then george w. bush, he cut taxes, skree yated 3 million jobs. so those are real n