they want it to go forward. >> robert reich?think all the political transactions become relationships. all political relationships eventually become transactions. you know, washington is a very peculiar kind of city as you know. let me respond to something terry just said. i think next year on balance this will probably will have a stimulative effect. overall i think if you're just looking at the economics, doesn't really make much sense. the top are already taking home almost 25%, almost a quarter of the entire national income right now before they get an extension of the bush tax cuts. >> what are they going to do with the money? what do they do with it? >> they save it in a variety of financial instruments many of which go abroad. in search of the highest return. which is fine. absolutely fine. in terms of actually getting jobs back, you need more spending here and it's not going to actually do very much. >> do we want this country to save more or spend more? i've never gotten that straight. robert, what's better for you as a

with robert reich. >>> and more death panels threatened in arizona. the governor who fought health care reform and refused to spend stimulus money to cover a $5 million shortfall in transplant insurance now tells complaining arizonans -- >> i would suggest that people would go to the federal government and ask them to send us stimulus dollars to support those transplants if that's what they want. >> does that sound crazy to you? not as crazy as this. this is how governor brewer sees herself. all the news and commentary and michael moore now on "countdown." >>> good evening from new york. this is tuesday december 14th, 693 days until the 2012 presidential election. and as wikileaks founder julian assange is granted bail and kept in jail. he makes clear he has no interest in becoming a quiet noncontroversial defendant. in our fifth story, the epic constantly evolving battle between leaks and secrets as old as time, itself, or between truth and war takes a new form. filmmaker michael moore posted part of the bail money for assange. today a british judge

robert reich. and more death penanels in arizona. used stimulus money for transplant insurance now tells complaining arizonans -- >> i would ask them to send us stimulus dollars to support these transplants if that's what they want. >> does that sound crazy to you? not as crazy as this. this is how governor brewer sees herself. all the news and commentary and michael moor now on "countdown." >>> good evening from new york. this is tuesday, 693 days until the 2012 presidential election. as wikileaks founder julian assange is granted bail and kept in jail. in our fifth story the epic evolving battle between leaks and secrets as old as time itself or between truth and war takes a new form. filmmaker michael moore posted part of the bond money for assange. he joins me in a moment. the equivalent of $316,000 american but kept him in custody while swedish prosecutors challenged the decision. the swedish government wants assange extradited for questioning for war crimes. they clearly will not spare any expense to keep mr. assange in jail. t

robert reich, former labor secretary under president clinton.ks for your time. >> thanks, keith. >>> if you're the governor-elect and your state lost jobs because a high speed rail stimulus project fell through, would your reaction be a solemn or angry distress or b celebration? the tea party governor of elect of wisconsin, there was no hesitation. let the party begin. [ male announcer ] in the past, landing an airplane was complicated, with a series of stepped altitude changes. [ air traffic controller ] okay, 245, proceed to your next cleared altitude. [ sighs ] [ male announcer ] today, truecourse flight management systems from ge allow for fuel savings, lower emissions and less noise... ♪ ...making the old way of doing things... [ air traffic controller ] 245, you are cleared to land. [ male announcer ] ...seem less than graceful. ♪ the doctor leaned over and said to me, "you just beat the widow-maker." i was put on an aspirin, and it's part of my regimen now. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regi

we're joined by terry mcauliffe and robert reich, author of "after shock."teresting, i love it when numbers agree. right now, the support for the deal on taxes and jobs benefi benefibenefits is 69%. one of those -- what do you make of that? >> i think what people are seeing, they like it when people are working together. what we saw in the last election, they hated the division. they like the idea of the democrats and republicans are working together to get the economy going. people are very worried about their jobs cht they want to see this country move forward. let's get together and move the country forward. >> you've criticized the bill in print. give me your view overall between who's going on between those two leaders. >> they're both pragmatists. bill clinton doesn't exactly dislike the limelight. if you look at the national polls, are higher than anytime in the last ten years. people are kind of nostalgic for the 1990s and like his folksiness. h that's big. that's important. means that regardless of any tension that might have been existed between th

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. >> robert reich says the root cause of the 2008 economic collapse was not wall street, but america's ever-increasing economic inequality. even the middle class, says reich, has to amass a substantial debt in order to achieve a decent standard of living. this event was hosted by the drucker business forum in pasadena, california, and it hosts about an hour. >> thank you. good to see you all here. mr. wright, thank you for joining us. become your flecha drum has been on the stage, but nonetheless i think an issue, the issues we have come a funny happening just mentioning karlin sometimes gets a laugh. the issue to discuss your our big important ones, ones that i think we've all been grappling with, and you've written a very short book about. i think without diving straight into central issues -- >> it's much harder to write a short book that a long book. i mean that. this is the shortest book i've written and it was the hardest to write. it's like a haiku. trying to boil things down. but i think that per page i get to read much more than ever before. [laughter] >> well, we are at the e

that tonight, prime time on both robert reich says the economic collapse was not wall street, but it ever economic quality, even the middle class as mr. reich at three decent standard of living. the hour-long event posts by the drucker businesswoman pasadena, california lasts about an hour. [applause] >> welcome. it's good to see you all here. mr. reich, thank you for joining us. i'm sure we can't offer you the political drama. but nonetheless, the issues we have -- it's funny how the name just mentioning partly can sometimes bring a laugh. the issues we have to discuss here are big important ones, ones that i think we've all been grappling with. you've written a very short book about, so i think without purview will drive into your central issues. >> it's much harder to write a short book in a long bout. i mean that. this is the shortest book i've written and it was the hardest of two ray. it's like a haiku. you're trying to boil things down. but i think that per page i give the reader much more than i ever did e4. [laughter] >> well, were at the end of the historical financial cris

robert reich, the former labor secretary during the clinton administration, he told me, this is whateded to stimulate jobs. listen to this. >> there are many things that can and should be done including helping our new infrastructure, our new wpa, for example, to hire all of the jobless americans and put them back to work. >> you ready for a roosevelt type program like that? >> well, you know, bob reicht and i go back a long way. we are old friends. the president has identified infrastructure as a key place where there ought to be bipartisan agreement. they are installing in infrastructure as a way to attract business there. the president's view has been to help the private sector, that the government can't be leading it all itself. >> senator tom hearken, democrat of iowa, he is very upset. he doesn't think the president is passionate enough in forcing through legislation that would continue the unemployment benefits for people who have been unemployed for 99 weeks. listen to what hearkens says? >> where is the president's outrage at this? the president ought to be out there saying

and on that point, i find it very interesting that it's not just progressives like myself or robert reich, but you have some conservative bankers, people who are heading fed banks around this country who are saying pretty much the same thing. now, also, mr. president, when we talk about banks, i want to get back to a point that i raised earlier. this is an issue really i've been working on for years and years. and that is this issue of usury. and i mentioned earlier that if you read the religious tenets of the major religions throughout history, whether it's christianity, judaism, islam, and others, what you find is almost universal objection and disgust and a feeling of immorality in items of usury. when we talked about usury in the united states, what we usually talked about were thugs, gangsters working on street corners who lent out money at outrageously high interest rates to workers, and when that money was not repaid back at the interest rates asked for, the thugs would beat the workers up. in fact, i'm thinking now about the first movie of "rocky." mr. president, i don't know if y

and on that point, i find it very interesting that it's not just progressives like myself or robert reich, but you have some conservative bankers, people who are heading fed banks around this country who are saying pretty much the same thing. now, also, mr. president, when we talk about banks, i want to get back to a point that i raised earlier. this is an issue really i've been working on for years and years. and that is this issue of usury. and i mentioned earlier that if you read the religious tenets of the major religions throughout history, whether it's christianity, judaism, islam, and others, what you find is almost universal objection and disgust and a feeling of immorality in items of usury. when we talked about usury in the united states, what we usually talked about were thugs, gangsters working on street corners who lent out money at outrageously high interest rates to workers, and when that money was not repaid back at the interest rates asked for, the thugs would beat the workers up. in fact, i'm thinking now about the first movie of "rocky." mr. president, i don't know if y

. >> the book, "the twilight of the bombs: recent ch >> robert reich says that the root cause of the 2008 economic collapse was not wall street but america's ever increasing economic inequality. even the middle class as mr. reich says has to amass a certain amount of debt to achieving a certain standard of living. it lasts about an hour. [appe]