Page 153 - It Doesnt Work News Today

And that theory fits well on a bumper sticker. but heres the problem. it doesnt work. it has never worked. it didnt work when it was tried in the decade before the great depression. its not what led to the incredible postwar booms of the 50s and 60s. and it didnt work when we tried it during the last decade. understand its not as if we havent tried this theory. remember in those years in 2001

Obviously im thinking about newt gingrich who was the gop front-runner. they made over $100 million after leaving congress. is this the president setting up what is to come in the general election facing mitt romney or newt gingrich? >> there were a couple of lines about child labor and thats something that newt gingrich mentioned recently, but overall it was a searing indictment of supply side economics. he said we tried it and it doesnt work. setting up that fundamental disagreement with whoev...

>> dana: that is why he did well. >> eric: sorry, dana. he promised hope and change when we needed hope and change. we got none. >> bob: we got hope and change. get rid of the republicans in the congress. >> dana: it worked well when he was a candidate. it doesnt work so well when he is not. because people are disappointed. i want to bring up one thing. we have one minute left. there was another friend of the white house who had been the most frequent visit over the to the white house, andy ster...

>> dana: that is why he did well. >> eric: sorry, dana. he promised hope and change when we needed hope and change. we got none. >> bob: we got hope and change. get rid of the republicans in the congress. >> dana: it worked well when he was a candidate. it doesnt work so well when he is not. because people are disappointed. i want to bring up one thing. we have one minute left. there was another friend of the white house who had been the most frequent visit over the to the white house, andy ster...

To be repaid by exporting to get the currency we need. it doesnt work. there are a lot of reasons behind it, different labor policies and social policies and so forth. they need independen currencies, or theyll be impoverished in the process. jon: 17 countries use the euro. many of them in decent shape. germany and france pretty good, carrying the load for some of these other countries. but do you believe that there is some announcement coming out of the white house? president obama has been pus...

You cant keep moving up the holiday to get more sales. eventually its a zero sum. youre going to have more hours that might cost them more money. >> i dont know, gary b, we have 9% unemployment. it seems like they could find workers that could do this. >> exactly. look, whether it works or not is -- is not the point. if it doesnt work, then the, you know, the wal-marts and the gaps of the world will then not do it next year. but, you know, is it unfair to the employees? look, as you mentioned, b...

Congress today. >> hauerly you can understand the frustration of taxpayers who are paid bonuses while the bus is driven through the gates of hell and then you want us to pay bonuses while the people change the tires. >> i can certainly understand the frustration. >> here now to analyze the political implications of this the purveyor of dick morris.com mr. morris. look, these guys say if you want financey and freddie to be turned around you have to pay the money to the head guys because you are n...

Congress today. >> hauerly you can understand the frustration of taxpayers who are paid bonuses while the bus is driven through the gates of hell and then you want us to pay bonuses while the people change the tires. >> i can certainly understand the frustration. >> here now to analyze the political implications of this the purveyor of dick morris.com mr. morris. look, these guys say if you want financey and freddie to be turned around you have to pay the money to the head guys because you are n...

There is no evidence anywhere. >> gregg: lets talk about the penn state scandal. we learned over the last couple of days that penn state university officials have not fired, but suspended what is essentially the whistle blower, coach mcqueerry. >> the grad student who witnessed this. >> gregg: but never went to police initially. >> no, but what he was required to do was to report up the chain of command and thats what he did and now the reason hes not gone is because he is protected by the penns...

Which was star 86, and that was hit twice. and that doesnt get you into the voicemail, that gets you to the access of the voicemail, and at that point youd have to punch in your personal code unless it was preset. and once again, that supports the fact that the opener of that phone knowing that that phone had been turned off would have no reason to dial the voicemail to find out anything because they know that it doesnt work. so that makes absolutely no sense. in terms of -- and im not saying th...