Page 12 - August 2011 News Today

Is the american political system. we have stopped knowing how to jump out of the boiling water. the sequester begins tonight. but i dont want the talk to you about the spending cuts or the way theyre made. we get so obsessed with the individual manufacturing crises that we lose sight of the whole issue. we have done it five times in three years. we have created crises that dont need to exist, because the republicans want to use them as leverage, as a hostage, to get policies they couldnt get in ...

Powerful concentration of executive power on earth. i mean, theyre saying to you essentially -- access is everything to them. if you dont play along, your access will be denied. thats very, very intimidating. >> brian: what about david plouffe coming forward and saying hes washed up. he lost his fast ball. comparing it to mike schmidt. now there is backlash from the senior organization that says no one is helping contribute -- they called david fluff an as -- must have an ass. >> steve: they cal...

Unleashing an angry spiel on sean hannitys show last evening on fnc attacking abudgthe budget proposal-- >> you are inaccurate when you say that the president is to blame here, hes not. it was the republicans in august 2011 said that they were going to cause the american economy to default on debts we already acquired unless, unless they got deeper substantial cuts. and we ended up with a downgrade because of what the republicans did. and after that, we set up this thing called the -- the super ...

Im a -- i am not a registered republican im a registered conservative. >> youre for the republican party. >> sean: sir? sir? >> 100% of the time. >> sean: keep going. >> good. let me say this. what the president said is true. the president, people watching this show should ignore all of the comment teary you put in and all of the hyped music you put on and should pay attention to what the president actually said. what the president said was true. the president, you, by the way are inaccurate whe...

>> what you just displayed was yellow journalism. wasnt close to telling the american people what is going on. its just shocking. >> sean: yellow journalism? to play obama in his words is jello journalism? >> well with, the background music, i was here. everything the president said is true. and for to you try to make the american people think that it isnt is deceptive on your part. its a breech of everything -- any journalist ethic ive heard of is just violated by you. the president was truthfu...

While congress is at rock bottom. they are not popular people. so in 2011 if youre a republican in congress and your objective is this, you said this. >> you said the single most important thing we want to achieve is for president obama to be a one-term president. >> well, that is true, my single most important political goal along with every active republican in the country. >> so that is what your objective was, what you wanted to get done. the political reaction was clear, you tried to pull p...

While congress is at rock bottom. they are not popular people. so in 2011 if youre a republican in congress and your objective is this, you said this. >> you said the single most important thing we want to achieve is for president obama to be a one-term president. >> well, that is true, my single most important political goal along with every active republican in the country. >> so that is what your objective was, what you wanted to get done. the political reaction was clear, you tried to pull p...

In. thats what happened when democratic congressman keith ellison squared off last night against foxs sean hannity who was claiming that the president was just scaring the public over budget cuts. the result was a smackdown for the ages. >> quite frankly, you are the worst excuse for a journalist i have ever seen. >> i am what? i didnt hear you. >> you heard me. >> say it again, i didnt hear you. >> what you just displayed was not journalism. it wasnt anything close to the telling the american p...

Departments. why cant we get a deal here? >> joe, i think we could. i think some of this is drama. seems to be governing by drama, something this white house seems to like. i want to point out this is an agreement made in august 2011. its just like back in high school, when your teacher said okay, you have six weeks to do your term paper. in december, we passed another alternative to it. if the senate will take that up, modify it, if they send it back to us today, well certainly sit down and tak...

They have come out and said look, we dont want to form a grand coalition. some market participants are saying we could be heading into a new round of elections. the markets will be in limbo for a couple weeks. as you pointed out, a big sell off in the u.s. was quite a volatile session. at one point, the dow jones was 100 points away from the all-time high. then the markets realized the election results would be inconclusive selling off 100 points in the last 50 minutes of trade. that was the big...