Page 5 - Debt Issues News Today

Which we came to the edge of real financial crisis in this country. guess who was on jon stewart and stephen colbert in saying were spending $120 billion in a country with $14 billion of gdp and its not good for america. grover norquist. grover norquist was out educating conservatives that this afghanistan war was not in their interests from a financial perspective. forget the strategic questions. and from his work, i think, you really begin to see a quick collapse of conservative support. progr...

National security establishment in the obama administration. the question is whether it has happened in congress. do you anticipate a conservative congressional freak-out here, other than from the predetermined one from john mccain? >> well, i think john mccain and lindsey graham and a few others may say it. but listen, very important to go back to the debt ceiling debate, which we came to the edge of real financial crisis in this country. guess who was on jon stewart and stephen colbert in sayi...

America. grover norquist. this afghanistan war is not in their interest from a financial perspective from his work i think you really begin to see a quick collapse of conservative support. progressives and most independents already had a great deal of skepticism about afghanistan, but its these debt issues that have really driven a real collapse, and there is a real support for iraq and afghanistan. anybody who supports an ongoing troop presence, and the mainstream to use, and lately that folks ...

Lindsey graham and a few others may say it. but listen, very important to go back to the debt ceiling debate, which we came to the edge of real financial crisis in this country. guess who was on jon stewart and stephen colbert in saying were spending $120 billion in a country with $14 billion of gdp and its not good for america. grover norquist. grover norquist was out educating conservatives that this afghanistan war was not in their interests from a financial perspective. forget the strategic ...

Thats one of the reasons the republicans insisted john boehner insisted that dont bring lew. he knew the budget much better than anyone else. he ran circles around them, but in defense of vulnerable people. >> in addition to that, i think it also shows whats happened in recent history. if you look at the treasury secretary pick for the most recent presidents who have had two terms, you look at the selection of james baker under president reagan. you look at the selection of bob rubin under bill ...

Hes tired of talking about it and in the last few days hes talking now that he wants to go back into the u.s. senate and get involved and get involved and they were controversial issues. >> i think the colleagues of the globe, thaw talked to the former congressman yesterday and did he give youio insight as to why he may have changed his mind about wanting to leave issue what wash. >> he said there are a lot of issues on the table and the fiscal cliff issues and the debt issues. im thinking assau...

>> the rate, to the extent people are paying attention to this specifically and at this time, the rate doesnt help. but i was struck by president obamas comments today. he gave a speech and he said what we need to do is modest raise of taxes for the top 2%. and then a moment later he said by doing just this tiny increase of the top 2%, well save $1 trillion. were going to help resolve our debt issues. you cant make those arguments in consecutive paragraphs. >> shannon: the white house today said...

Direction, move down, move downward. and i dont think you will see that you will see 100,000 job creation months and more pressure. >>neil: where would you put your money in the interim? >>guest: pressure metals speak volumes so i think the gold, silver, that is interesting market, and, i think, outside the united states some of the emerging markets, countries, like chile with a high credit rating, have their debt issues in place, maybe some exchange traded funds in those arenas that can give yo...

Maximize the impact of these votes. >> what is the point of trying to repeal obamacare? what is the point. besides playing into the narrative -- >> honestly -- >> you guys just dont want anything done? >> president obama has said this election will be a debate about two visions. sorry your phone is ringing. >> its not going to happen. >> debate about two visions. >> you know its not going to happen. >> so these votes actually illustrate the differences on these issues. so why not have that debat...

Back. what i like about what the president did this week, just to tie in for one moment mr. rattners charts, the world is gripped with uncertainty. the world -- america is gripped with uncertainty around the immigration issue. how the president shows the same kind of leadership when it comes to trying to instill and introduce more certainty into the markets and to the minds of business people by dealing with tax reform, by dealing with the debt issues, i think the president is saying over and ov...