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Baseball and in life, itf it happens in elections some of the time and if it happens somewhere else and sometimes you lose and sometimes you win. That is what we teach our kids to act like pat murphy. Thank you so much for letting us into your homes for another week of shows. Were so grateful. The beat with Ari Melber starts now. Today i learned about the peaceful transfer of power between baseball teams. Love itted. The brewers were so good and they beat the mets so many times but this one went...

Trillion deficit per year matters to americans is its like termites in the basement. theyre eroding the economic foundation of our economic house. if you let those termites continue to eat and eat and eat, it collapses after a while. i think the long-term implications would be higher inflation and higher interest rates. those both have very negative impacts on the ability for the american economy to compete. >> good point. termites, you dont know theres a problem until one day your staircase col...

From it. there are a lot of reasons why the s&p call should be taken with a grain of salt. for one thing the agencies hardly cover themselves with a blaze of glory in the economic crisis and hardly have any political status, if they ever did. i keep telling people to watch the movie "inside job." it uncovered just how solid some of these rating agency calls are. listen. >> they rated aaa a month or so before they went bankrupt? >> more like a-2. >> a-2 is still not bankrupt. >> no, its a solid i...

>> how could that be? >> well, thats a good question. >> in fairness, he wasnt with s&p, he was with one of the competitors. im telling you, everybody has to see this movie. why should we trust what s&p says about america and its credit rating? >> i am glad youre making this point, ali, because i think if youre looking for a single villain in the financial crisis, which is the worst thing thats happened to the economy since the great depression, the rating agencies wouldnt be a bad choice. and t...