Pushing Ona String News Today

Journalistic integrity. >> i want to ask you about michael bloombergs $37 million ad buy. senator sanders blasted him and accused him of trying to buy the election. how do you see it? >> you know, it is going to be really fascinating seeing how the bloomberg campaign unfolds. i dont think it is possible to replace thousands of face-to-face interactions in iowa and across the country with ad buys. i just dont see it. i think that hes going to find that spending money in advertising is like pushin...

2007 how there was a housing bubble. >> he advocated for it. he thought it was going to solve our problem. >> lots of us naught there was a bubble. >> they also had the financial crisis from when it would burst. >> i mean, i did. i didnt see you out there with me. but, further more, i mean, we had lots of secure ties through securitization, we had cdos and all of these products. and i think it was probably the heart of what caused the bubble. >> well, it was frannie and freddie. >> i dont want t...

New mexico, mississippi, there are a lot of states that get $2 for every-- >> the welfare states have-- i dont believe its going to be armageddon among states and local governments in the next year, but the welfare state, the train is coming off the tracks now and ill tell you, you know, i dont think you can raise taxes that much more. i mean, at some point its like pushing on a string. so you have to do this, you have to cut. >> the last word to charlie on that one. >> and general motors and ch...

My argument would be dont worry about the short term. but thats an argument we can have. the republicans answer is dont do anything but cut taxes. that wont do much either. you asked me a question before. i had two answers. the other reason the stock market is at 11,000 is because the federal reserve is in the process of printing up a lot of new money. they hope the money will spur activity in the economy. but its like pushing on a string, as economists would say. what its really doing is causin...