Page 31 - The Problem News Today

One of those places that people love to retire and also to come and work. so with the population growth, we had a commensurate housing boom. people began to speculate, and im not exaggerating when i tell that you speculators would buy two or three houses, let them sit vacant for a year or two and flip them. thats how serious the problem was. so when it all came crashing down we were hurt very, very badly, and still are. nearly half the homes in arizona are, quote, under water, less than the valu...

Huge mistake. especially this form of culture work. i mean, it is 2012 and we are actually debating contraception? contraception? it is actually insane that there should even be discussions about whether -- it is not even abortion, you know. i am very much on abortion should be safe, legal and rare. but we are not even talking about abortion. we are just talking about the birth control pill. >> you know, but i think thats -- that gets back to that -- original -- my original point before was that...

Football. now you are really off the charts in terms of how you argue in a broad, you know, pluralistic country. thats his problem. his authenticity is -- you know, look, people used to say -- at least he says what he believes. you know what, some things people believe are -- >> best left unsaid. >> there is another -- also, in the red zone insofar is this is what it probably going to take if he will win the republican nomination. i mean, that is -- i mean, thats really dynamic. >> want him to b...

Government. he doesnt believe income public skills. i interviewed foster freese, one of his big money guys. and it was astonishing to talk to him. he actually said -- this is on video. hes not being misquoted. he said, you know, he doesnt really like taxes. what he likes is the self-tax. and that we underestimated the amount of self-taxation that rich people do. and as an example, he cited a friend in arizona who spent $200 million building a music museum. so -- you know, if you live in a world ...

Single most fateful high-stakes battle in american politics and american political economy is whether the bill that we passed to regulate wall street actually does regulate wall street. and that battle is happening while a lot of us are turning a blind eye after covering the passages of legislation. it is in the nitty-gritty details of obscure provisions you had never heard of, your future is going to be determined. this is absolutely the case. the home you buy, the loans you get, the debt you o...

But he cant talk about that because -- or he has chosen to. maybe -- maybe people would like romney more if he told us about his mormonism and commitment to it. but he decided that that is a no go zone. >> right. get back to what jeffs point is, best argument for mitt romney is im a highly competent technocratic manager. nonlt is there a problem with that in terms of political -- it is a bloodless vision. it is not who -- it is a tote lynn inspiring -- >> i think that message could have worked i...

On the right he got challenged in a right that forced him to move to the right. even if he was able to go back to the technocrat he still has the best -- of the primary in all of the things he had to move to the right to sort of apiece them and it is going to be a problem for him. >> it is not just now thanks to -- thanks to newt gingrich, not just now he is a technocrat and manager of any kind of american business. hes mr. 1%. he is a wall streeter and is a -- you know, not just a wall streeter...

There is a very strong strain of argument thee logically within the war of conservative protestant denominations main line protestant went off the rails. thats what i think he got at. >> and they have become less religious in a way. not believing in some of the central tenants of faith. creating a religion where in a way you could sort of have secular scientific values but be part of the religious culture. >> i think one of the -- one of the subtexts here in terms of the development of the -- of...

The beat who was going to, you know, have a lot more power than any regulator has and a lot more desire to actually take care of them and families that stand up for the banks. we have always had this split between that, which is the high watermark of the bill and then when you got to actually regulateding wall street, actually doing some things to prevent future bailout and changing the business mod on wall street which is the area i was walking on. the dodd/frank reform bill. >> we will blame y...

Should say. is that -- the race is moving to the right. they are getting -- they are playing completely not just in sort of traditional republican territory. they are playing in movement conservative territory and which is completely divorced from mainstream america. >> mitt romney, of course, has the problem which is hes -- hes completely constructed a campaign around the singular issue of jobs and economic recovery, hes going to be able to deliver where the president failed and if we have sust...