Peter Maricy News Today

Heather: the trump administration is ramping up the fight for fair trade following the latest round of steel and aluminum tariffs placed on canada, méxico and eu but as allies threat on the retaliate the administration isnt backing down. >> we have the right to do that in the interest of national security and they need to look in the mirror at their own unfair trade practices. at the end of the day, this is a trade dispute and the president is going to defend this country, he stands for america...

Relative to the fed is that theres a central, private entity thats funding the risk that these banks have taken. the rifbs that they have extracted from the american people. the foreclosures, the bad borrowing documents, the inability of small businesses to find loans. all of these are decisions made by this fed at the expense of our 99% in order to not just enrich, but enrich the top six banks or so who have become bigger and more powerful than in late 2008. >> peter, you have done a tremendous...

Has been campaigning against. so from bitter rivals to political best buddies, huntsman says it is because romney has the best chance to beat president obama. so that not so grand old party can win the race to the bottom. lets bring in peter maricy and ari. romney perceives to be the best person to beat obama by the transitive property does that mean he believes romney is the person that is the best to guide america through this critical time, which wasnt where huntsman was at a day ago? >> i do...

Greenfield. they are clearly humans. they live in houses and drive cars. then you have ben and jerrys ice cream and enjoy it. its clearly not a person. how good of a job is colbert doing in driving the absurd day of this issue into the presidential debate. >> i think hes doing a fantastic job. theres a triple whammy. hes talking about corporate personhood. hes talking about the way these campaigns are operating because many people argue that super pacs are not accountable enough. and hes talking...

Points that might be out there in the so-called moderate vote within the gop primary in time for saturdays vote. the other thing, you played the clip where he said things have gotten so out of control. im not going to say this is the most high-minded race, but i have to disagree with him. i dont see a lot of personal atax on him because he never got that far. if anything, this race has shown a battle of some ideas. theres been a debate about corporate personhood and also about bain capital and r...

Will not give greece any bailout cash until the country makes more cuts. meantime, spain also now struggling with its own wave of austerity protests, demonstrators angry over high unemployment. a bleak economic outlook. and leaders they consider inein or block. sound familiar? back at home, a new report predicts it could be another decade before america sees jobs returned to 08 levels in 50 different cities. hardest hit, cleveland, day ton, ohio, reno, nevada, atlanta city. so at the critical mo...

Professor of the university of maryland and widely followed economist. lets start with greece. shall we, peter, you say the only way to solve this is with greece. not the only way, but the best way is for greece to leave the eurozone, write down the debt and cut the spending. we had jim rogers on the show last week saying, listen, its time to wake up. cut your spending. we seem to be cutting spending part, but i havent seen much in the way of the banks taking hair cuts. >> havent seen that much ...

Going to be tough. i can only urge the leaders of the situation over there to really look at the human costs, what peter was stressing is exactly right. and to put that -- put that to bed as quickly as possible. >> theres an interesting dynamic at play where its playing out where its the germans and the french that are basically the wealthy nations, poorer nations, not just greece, though greece is in the headlines. you alluded to this in your submissive this morning saying its perfectly accepta...

Their private debts. the mortgages they owe. but yet the wages get cut and cut. theyre going to lose their houses as well as the greek parthenon is over. >> your thoughts. not just peters but rogers and others, wake up and smell the coffee. you need to write down on this debt on a sovereign level and housing level and cut spending. until we do both, its going to be a more misery. >> the interesting thing, dylan, peter, its going to be a consensus view now. certainly recognizing as a solvency pro...

Might have with someone like jim rogers or peter or yourself about spending cuts and writedowns, hair cuts. how far is this conversation away from the conversation that is happening inside the political circles and banking circles overseas and domestically as far as you know? >> its quite close. i mean, its not like -- i just heard a greek official this morning talking about many of the elements were touching on in our conversation. i think as we said earlier, a lot of whats at issue now is powe...