Page 172 - It Doesnt Work News Today

Degree politically? >> politically approximate for sure. there is always going to be a question from republicans about the strength of not just this president but democrats in general. petraeus was a stroke of genius in one sense, because as you heard from lindsey graham, it becomes not just a question about the presidents determination to stick with a strategy, if petraeus cannot make this work, then nobody can. he can then go out and say, look. i tried my best on this. if it works, petraeus is...

Hits or when a big issue hits, give a sort of general policy but lay back, dont say anything, let congress get involved, and then at the end plummet in and do a speech. it doesnt work. and this time i think the people didnt fall for it. >> amy holmes, conservative commentators didnt like the speech much either but i always have the sense that they didnt expect much. >> no. because the conservative commentators are looking at deeds with this president and not words. i think what were seeing with ...

Adding corporate tax. >> the government takes the money and theyre supposed to do something with it, not just continuing to add another tax. by the way, if you do that, you will push all the jobs -- >> this is kumbaya economics. it can work and will work but you cant force it. technology is not here yet. >> the whole push for ethanol, how many jobs did that create? >> i was never a big ethanol fan. >> oh! >> it doesnt work. it just doesnt. >> the point of internalizing economics there is a negat...

Israel to be a very important thing. that is okay. its when the politicians get bribed, if you will, by the people in congress. that is when it hurts. thats when people who come to congress and say here, a bunch of money. give me a special break. that works. it doesnt work. excuse me. >> liz: speaking of breaks well take one. coming up, you might feel effects from the recession, but evidently nancy pelosi isnt. millions of americans face foreclosure and she is getting a pricy new office. guess w...

Go ahead. >> no, no. its okay. my understanding is that ive asked some folks about this in the government of blowing up the well, not just the flunuclear a their concern is this. if it doesnt work, then suddenly you have wiped out a contingency plan. you cannot do what they have been doing which is this containment cap so its a high risk, high reward. you may stop it completely but if you miss then you have no way of doing anything sort of plan b contingency. >> there are some uncertainties to i...

To show down. the g.d.p. is wrong and deficits will get higher. we have to rein in ourselves fiscally. >> it doesnt work. >> we spent $1 trillion. we spent $1 trillion on a stimulus plan. we have nothing to show for it. to go out and do it again is just going to put the burden on the heirs. were already at $13 trillion. my four kids will have to pay for. we have cant continue to do this to them. >> cheryl: jonathan? >> another recent example is japan. they have been mired in a decade-plus recess...

Time this afternoon. well hear whether that succeeds. if it works, fine, that would control the oil, then shoot it up a pipe all way to a ship where the oil would be contained and separated from the water. the hope is that would stop the flow. if it doesnt work, the second plan is called a tophat, basically an inverted funnel to try to control it. thats where they stand right now, but first things first, theyll try the insertion tube method. >> do you think theyll address at the news conference ...

Estimate. they say that measuring it isnt the important job here. it is stopping it. the big dome, top hat, jump shot, it all sounds a little comical. efforts to stop the gusher are no laughing matter. cnns david mattingly live in new orleans. what is b.p. trying right now to get ahold of this catastrophe? >> reporter: b.p. hoping that today is the day. what they are trying right now is an insertion tube, exactly what it sounds like, inserting a tube inside that massive leaking pipe, that tube w...

Our spending. is he right, that were moving toward greece? >> absolutely hes right. if the stimulus spending that the democrats are doing here worked, greece would be the most prosperous nation in the world. if youre a government worker in greece, you get to retire in your 40s. it doesnt work. greece has the euro zone has to bail them out. guess who the united states has? the american taxpayer. the national debt will be $20 trillion in the next decade. >> he has the right message, hes just not c...

Democrats took back the congress in 2006. it doesnt work. it scares politicians. it doesnt scare voters. >> and the numbers show this. when it comes to whether we think were overtaxed. 48% of the people say taxes are too high. thats near a 50-year low. of course, 45% of the people in the gallup poll say the taxation is about right. were divided down the middle on just about everything in this country. >> right. >> how much of a play do you think the tea partyers will make, and will they be a pol...