mark walsh, founding ceo of air america and the radio show "left jab" and syndicated columnist, jerrybowyer. good to see you. mark, what about you? what about the fact the deficit is going down because we're not going to give $262 billion to the bank? >> yeah, way to go. it is good news. shows the banking sector is rebounding in a more robust fashion than many predicted. i think these deficit projections we've seen year after year under different administrations are always a little bit off anyway. it's a great number but what's left, to your point, still a very large number. >> that was my sense of it as well, the fact they're not giving money to the banking system is actually good news because we should take it at face value they think the banking system doesn't need it, good news. >> good news, right, that the banks are strong and we shoupt be subsidizing the banks. good news we recognize that. we have to have a pretty low fiscal standard to throw a party for a $1.6 trillion deficit. in this kind of environment to be talking about launching brand-new entitlements, good news down to

let us bring in mark walsh of air america and host of the sirius radio show, and columnist, amanda carpenter. amanda, good to see both of you, mark, pardon me, but it's a pleasure to see amanda back on the show. amanda, nancy pelosi backed off, but it wasn't quite the read my lips no new gulfstream. >> i think it's interesting that the democrat in the senate, mchaskell sticking out her neck saying she was prepared to find a way to cut it with guys like john mccain, jack reid. so there was a bipartisan coalition in the senate who were saying that we are prepared to cut this out. and if you remember a few months ago, evan bye was going to lead a coalition of democrats to try to hold the president in on spending. so i think that effort didn't go anywhere, but there is still rumblings of it there. maybe we'll see some more efforts like that coming out of that chamber. >> mark walsh, i don't need a leading question, but i think you're going to agree with me. wasn't this a monumental blunder by the speaker for all of the airplanes, but where do we go from here? because the issue is not off the tab

the white house is losing -- >> mark walsh, let's let you in here.ring the oaks to nazis. >> they accuse us of being a nazis and obama has a health care logo that's right out of adolf hitler's playbook. now, what are the similarities between -- >> and he goes on. mark, is it ever appropriate to -- look i don't think rush limbaugh really believes this, but the fuel he's throwing on the fire out there, does it have you concerned or do you think this is just sort of a political game? >> no, i think the irony meter is pegged at ten for two reasons. number one, the people interrupting are screaming the phrase, this is america, which i find so ironic because the america i know they would let people have civil discourse. the irony meter hits ten when asked, people say keep your government hands out of my medicare. a government-run program. so the people in these rooms, often they are recruited by outside interests, are there to shout down and deny civil discourse over this conversation. alex is incorrect. the majority of american people want some kind of pr

squaring off in the "power grid," mark walsh, and the radio host of the jason lewis show. good to see you both. you know how it works, 20 seconds to make your case and we go after that. you have 20 seconds to dispute the reining nobel laureate. >> this is classic krugman, we have a massive run-up in housing and he says go indebt deeper. good luck with that. there are two kinds of geoff sits, one that grows the economy and one of spending that this government is in, that we will not be able to service the debt on and that's why foreign creditors are so nervous right now. >> mark walsh, defend the deficit. >> we're trying to pay attention to the two biggest costs in the u.s., long-term and health. it will be taken care of and drown down because people will realize america is finally facing its cost-structure problems, health and savings. done. >> what about the kinds of deficits, one caused by spending, the other caused by tax cuts? >>s is inned jason forget to mention this is composed of investments, this u.s. government as made in things like aig and gm. in fact, they're e

mark. >> the real cost of cheap food. >> i like it. >> by brian walsh, our environment writer, on the coverbel. it says "this hamburger may be hazardous to your health. why the american food system is bad for our bodies, our environment, and our economy." >> i love it. >> and what people are doing about it. this story was a real eye opener for me because when you -- when you break it down, so many of things we worry about -- climate change, even health care costs -- can be traced to the way in which we consume and produce food in this country. >> absolutely. >> the american food industry has become amazingly efficient, and we spend less money today on food than we did at any other time in our history, but there are all these attendant costs. there are environmental costs, economic costs, huge subsidies that are going into unsustainable practices, and of course we have the problem of obesity in this country, which is driving up health care costs every day. and so, this story is about things that people are doing and efforts to change the way in which we go about growing and consuming food an