. >> keith olbermann's new home, current tv. given msn and cnn a run for their money. what is current tv? david letterman is on the hit list. >> and judy miller, national review editor, rich lawrie and and jim pinningerton, and daily beast newspaper kirsten powers. i'm in for jon scott. fox news watch starts right now. >> i think there's an element of racism every time people claim the first black president doesn't love this country. here it comes from the radical country club that loves to remind white america, president obama is other, not like you, and perry also wants to let you know that he is pro business. >> i am a pro business governor. i don't make any apologies about it and i will be a pro business president getting america back to work is the most important issue that faces this country. [applause] >> being able to pay off 14 1/2 or 16 trillion dollars worth of debt, that big black cloud that hangs over america. >> that black cloud perry is talking about is president barack obama. >> wow, that was msnbc ed schultz accusing texas governor rick perry of racism

of course we've heard and i think rightly so a lot of outcry you could say from progressives keith olbermann call for people to go to the streets now we have al gore telling people that we need an american spring but do you think that that's really possible. i do think it's possible i think that people need to be motivated enough to do so i think people need to believe in themselves and be confident in the fact that an american spring could happen you know going back to the al gore interview i just want to say that he was very careful to say that he does not want a revolution in fact later in the interview he says that people can go to the polls people can go to the internet and those grassroots efforts really make a difference you know i respect him but i do disagree with him on that point and the reason why i disagree with him is because the thing that undermines our democracy right now is the citizens united ruling right now corporations hold the united states and since they only united states and since they're fattening up pockets of politicians it's nearly impossible for us to exercise

. >> jimmy: that's the part that keith olbermann really misses.re are lots of experts giving explanations. if they knew what was going on, they would keep quiet and get rich. once i would like to see someone say, stock prices up down for no apparent reason. today, they're up, i have no idea. there's one guy i like. he's new. he keeps it simple. he giveses it to you straight. >> it mas money with fwrks uillermo. >> welcome to mas money. buy, sell, do everything. let's take a call. hello? >> what's up with the stock market? >> i don't know. what's up witit your face? [ cat meowing ] >> next call. >> what do you think of that at 2 1/2? >> that's a stock? >> no, it's an option. >> that's all the time we have, see you next time. mas money, mas money, mas money. whoo! buy, buy, buy! >> jimmy: it's dwod, right? he's our own little warren buffett. a number of cities in england have had riots. someone stole a bulldozer and crashed it into a post office. all this over a jar of grey poupon. some of them might be rioting for fun. a lot of it is focused on liq

so the inventor of the internet actually moved on to invent his own news channel and he hired keith olbermannto provide more fodder. he has been a guest the past two nights. andrea, what do you think? >> andrea: the tea party, he went after the koch brothers, fox news. part of me wants to look in the camera and just say shut up. this is evidence if he would have talked less, he would have been president. the other half of me likes when he talks because the more he talks the worse -- >> dana: that's why i say if you think president obama wants him to stop talking? >> bob: i want him on the set because if i could sit next to al i'd look schoo skinn. i agree with a lot of what he said. the word "spring" is something used for revolution across poland and bah vaivia. >> greg: we're the greatest country in the world. we don't need a spring. >> bob: the tea party taking their signs and get out of the square and let others get in. wait a second. >> greg: they're inviting people -- >> bob: gore said they have a reason to be angry. i understand that. but can they give us a little room? take the funny h

more importantly, i think we should look at keith olbermann's screen and current tv founded by formervice president al gore. they should be repudiating her repugnant statements. everybody, republican, democrat, independent, there is no place for this kind of small minded, simple minded demagoguery in american politics. >> dave: dominic, you had me worried we might be cancelled. we just talked about her. i believe the movie that comes to mind the truth about cats and dogs. cinematic classic. i don't care where you go. one of the all time greats, really. why is she saying all of this? >> because she needs a gig. her series got cancelled. she is looking for some attention. she is thinking by saying outrageous and vial things that she will now be talked about, which she is. i have to say anybody who hires janine garofalo, they are hiring a bigot. >> dave: where does she go from here? is this it. >> she did the same crap on air america. ranting about this sort of stuff. she is trying to find a place going into the 2012 election as a commentator. a poll of reason. comments like this just sh

. >> on keith olbermann's countdown show former vice president al gore called >> we need to have an american spring, a kind of an american tar tahrir square, where people from the grassroots get involved again. >> that, gore says, would even the playing field, but is that really what america needs? would an american spring or donner party just lead to hyperpartisanship? for the talk back question today, does america need a liberal party. facebook.com/carolcnn. >> thank you, carol. >>> the decision by standard & poor's, the downgrade could have rim effects from wall street to your street, everybody's street. over the next two hours we'll take a closer look at how the downgrade is likely to affect the stock market, the housing market, the auto industry as well as your personal finances. we'll begin with wall street on the first day of trading since the downgrade. alison kosik is joining us from the new york stock exchange. alison, you know, it's unbelievable when you watch what is happening here. the selling is picking up steam. does this have anything to do with the downgrade, first of all, w

. >> i'd say keith is striving a little hard himself there, maybe to get somebody to watch current tv. i don't know. there's some truth to all of this you know. >> sure, but olbermann is making the indictment saying journalists are more interested in the behind-the-scenes action than talking about the substance of what happened. it brings me to this question, joan, we have $1 trillion in budget kouts noun, another $1.5 trillion down the road, the super committee. there's been little reporting on the human impact of what these reductions are going to mean and much more did obama lose the upper hand, who is going to capture the independents? does that trouble you. >> yes, it does. i'm probably guilty of it, too. what they did is very complicated. part of why this is such an anti-dem crammic thing to do is it happened so quickly, it wasn't part of the normal budget debate. i don't think the normal budget debate is a great debate either. a lot of washington is disfungal. but to do it with this deadline hanging over their heads, no one understands what's in the bill, no one understands what the super committee is going to do. that's troubling. people will lose jobs, peo