the guy that gave gadhafi a free pass on those murders when george bush sr. came into office. every single one of the serious republican candidates, if can you call them serious republican candidates, have been wining like schoolchildren when obama didn't do what george bush did which was to lie his way into the scam. the weapons of mass destruction scam. instead, we had obama go to the united nations, build a real coalition, not a coalition with albania and latvia and uzbekistan as george bush did, a comic book coalition. this president delivered everything he said he was going to do. >> and back in april, sarah palin jumped all over the president at the particular time and she said this, "simply put, what are we doing there? you've put us in a strategic no-man's land." and, of course, rick perry is out there getting after it today as well, not giving any credit to the president whatsoever. is it all about politics and the war on terror are they ever going to give credit to president obama for anything? is this just the way it's going to be? we're so politic

fractional reserve banking and this failure to address economics and try to replace it with what bush sr used to call the do economics you think people finally get it. well you know i think people on the far left in the far right are getting it and that leaves the great majority of people in the in the middle who are being led you know primarily by the mainstream media who still don't really see what's going on they feel very uneasy they had this sense that you know that neither more stimulus will work nor will austerity and they're and they're absolutely right but that leaves them with nothing ok so if i'm hearing a correct way you are saying that the role of speculators who are emboldened by a lot lot of this cheap money and cheap credit that's unable let's put that out there by the fed that's really not the key factor in when we're talking about eighty five dollars oil hundred dollars oil it's the supply and demand having to do with rising demand in the east versus shrinking supply in. ground and he also said something interesting and that even believe that the saudi oil field galois

in both the right and do you have even people like george bush sr were very involved in the. i mean birth control rider in the seventy's and one of the strategies that was going on the table in the sixty's was to actually ensure in a way to have a son research one of the reasons that women in. parts of asia continue to. continue children was that they wanted a boy and so the idea was then what we why now here in tina where you have. the first trying and this was sex determination at that time was not very far along . the first sex selective abortions at the farm. but it was very experimental only after to a few women in general are. the idea took hold in the early sixty's was let's push research and in you know get this strategy out there but of course you can say that the effects have been detrimental if you look at societies like china like india taiwan korea there i mean what's going on now in these societies where you have such an unequal or an imbalance between the male population and the female population. why wasn't i cleared churches actually but you had also at the s

you know how do you run a governance process just for people are unfamiliar what your role with the bush sr administration it was what exactly i was assistant secretary of housing so i was the lead regulator for the housing area and you know it's very interesting because i left washington in one thousand nine hundred eighty eight and i kept saying to people look you know their engine area housing bubble this is going to destroy the country it's going to bankrupt the country and literally i'll never forget it in about two thousand two thousand two thousand and one the soprano t.v. show had a whole series on had fraud and my own college roommate called me up and said well fitz you must be telling the truth it's on the sopranos and i said why is it that the soprano t.v. sure is this show is more credible than the former assistant secretary of housing but literally max i lectured and spoke in london and in wellington new zealand all over the world in sweden trying to warn people about the housing bubble and the investment community in all those places simply just to. heard it mean when fannie m

we all remember 1990 when george bush sr., george h.w. bush, broke his read my lips no new taxes pledge. he raised income taxes, gas taxes, medicare taxes. he did that because the gramm rudman hollings law was going to force very deep cuts in defense. he decided he'd rather have the tax increases than slash national defense. it has worked. i wouldn't say it has a stellar record. but i think it's certainly better than nothing. >> you don't think they'll be able to come up with some ways down the road to avoid voting or to overcome this kind of what seems to be automatic trigger? >> if this is passed by this congress binding this congress. so it's not like this is a commission that meets 10 or 20 years down the line. here's what we need. maybe if we had somebody every night who's keeping them honest. the whole country is watching and they are going to have to act on this. the i think the panel's right let's watch and see who they put on. >> ari, do republicans on this panel need to consider raising taxes if they're serious about balancing th