August 5, 2011 Archives

August 5, 2011 Archives

Santelli To Ezra Klein: "You Just Don't Understand The Laws Of Capitalism"

On Friday's edition of "Morning Joe" Washington Post wunderkind Ezra Klein, known for creating the JournoList, tried to explain economics to Rick Santelli, a well-versed trader who has had extensive experience in the private sector. Santelli is often credited of being the father of the Tea Part

Trump: "Crisis Of Leadership" With Economy

Donald Trump says he would not be "surprised" if President Obama received a primary challenger: "I haven’t heard anybody even his biggest allies are not fans so much anymore. I actually wouldn’t be that surprised if you saw a nice liberal move to run against him in the primaries."

Obama Blames Arab Springs And Tsunami In Japan For Slower Growth

President Obama prefaces his comments on July jobs numbers by noting that 2011 has been "tumultuous year" thus far. Obama mentioned the Arab Springs across the middle east, oil prices and the earthquake and tsunami in Japan as reasons that halted economic growth in the United States and worldwide. Obama also used these instances to explain the disa



Obama: Extending Unemployment Benefits Will "Create Jobs Right Now"

PRESIDENT: "So, when Congress gets back in September I want to move quickly on things that will help the economy create jobs right now. Extending the payroll tax credit to put a thousand dollars in the pocket of the average American worker. Extending unemployment insurance to help people get back on their feet. Putting construction workers back to

John Kerry: Media Has "Responsibility" To "Not Give Equal Time" To Tea Party

Sen. John Kerry (D-MA) told MSNBC's "Morning Joe" on Friday that the media has the responsibility to not give equal time or credence to the Tea Party's views: SEN. JOHN KERRY: "And I have to tell you, I say this to you politely. The media in America has a bigger responsibility than it's exercising today. The media has got to begin to

Gingrich: Obama "Most Effective Food Stamp President In History"

GOP Presidential candidate Newt Gingrich reacts to the news that the number of those who use food stamps has jumped to 45,800,000 or nearly 15% of the nation's population. "You don't get out of 9.2% unemployment, you don't get out of -- today it was a



Coulter: "If Our Only Choice Is Gridlock Vs. Socialism, I'll Take Gridlock"

Ann Coulter, author of "Demonic": "[Obama] has made a hash of things. The unemployment rate is through the roof. There is no hope in sight. Well, there is hope in sight. He's saying 'I didn't promise change overnight.' I'll promise you change overnight. It's going to come overnight on November 6, 2012. That's the hope, overnight." Bill O'Reilly,

Libtalker Hartmann On FAA Flap: If GOP Willing To Crash Economy, "Certainly Willing To Crash A Plane"

Transcript via The Radio Equalizer: The people who are inspecting planes for safety are not being paid, or at least they're not being paid for overtime [or] anything over budget, and typically they have to work overtime. If a pl

O'Reilly: President Obama Is Losing Power

Bill O'Reilly: The U.S. House debacle has weakened the president. Americans are furious that the government could not ssettle an obvious problem.



Krauthammer: Obama Gets "Physical Pain" When Companies Don't Pay Taxes

Charles Krauthammer: "I disagree. If you have $1 trillion overseas staying overseas because if you bring it over here it's double taxation. What you do is you give a holiday, a moratorium on that. And let's see if it works or not. It's certainly not going to hurt. I think the reason that Obama doesn't want to do it is when he sees $1 trillion over

Politico's Jim VandeHei: Obama A "Prisoner Of This Economy"

"The corporate tax rate is something that the administration believed they could support, that it would get those businesses to start hiring. Once they start hiring, the atmosphere changes, politics changes and you can start to readjust. Until that happens, he is locked. He's a prisoner of this economy. He' a prisoner of a Congress that has no appe

Ezra Klein: World Market Begging Us To Give Them More Of Our Debt

Ezra Klein, Washington Post: "On the other hand, though, we have a huge short-term growth problem. We have no growth. Very, very high unemployment. And we have obvious things we can do. There was a Bloomberg story, one of my employers, who said -- and this was fascinating. Our yields on the Treasury, which is how much the market charges us to borro



Richard Wolffe: Obama Has To Run As The "Change Guy" Again

"Yeah. Well, this is the critical piece of it. Look, he is still Barack Hussein Obama. He has got to be the outsider. He has got to be the guy running against the Congress that has only 14% approval. And that means the choice has got to be laid out. Not just the Republican opposition he's got, but on this issue of taxes, on the way Washington works


Video Archives