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Failed. >> let's be fair to britain's austerity experiment which i am known to disagree with. they said you should do a bit more spending now and a little less spending a year or two now. what they've talked about is really small beer. i think the government through away a policy option and it's made it difficult of borrowing more, of doing more public investment. that option was open to them, unlike, say, spain, and certainly not greece. they had this option and got rid of it. so when it turned out to their shock, they didn't expect this, that the economy basically flat lined, stopped growing...

Obviously it has a terrorist purpose. they expressed it very clearly, as i understand it in the video. they said that's what they want to do but it doesn't seem to have any really deep political purpose. there's no organization here. seems to me unfortunate and tragically something one has to live with. >> this week we saw something very unusual, martin, which is the imf actually asked the british government to borrow 10 billion pounds. my image of the imf is the guys with the whip always telling people not to spend too much. the imf is saying please borrow more. is this a sign that britain's ...

A two-year experiment, it's called europe. england in a double dip recessi recession. greece, spain, ireland, all of these countries have done exactly what paul ryan wants to do. >> austerity. >> cut it, cut it, cut it. >> especially cutting social safety nets on the poor and working class. we have a two-year experiment, and it has not worked. >> austerity experiment failed on two grounds. it was supposed to increase confidence on the investor community. it has not done that. spain had austerity and their credit rating was reduced. and sarkozy may lose as the president of france next sunday an...

from health care around the world. a preview of a new gps special that prematures tonight at 8:00 p.m. but, first, here's my take. when i was in college in the early 1980s as part of a student organization, i invited ronald reagan's defense secretary casper weinberger to give a speech on campus y where yous american colleges were hotbeds of opposition to the reagan administration, especially to defense policies. sure enough, as soon as weinberger began to speech, a group of students stood up and began to heckle. one after another they rose and chanted a single line. deterence is a li...

george clooney on evidence he says he has of war crimes. and a look at what we can learn from health care around the world. a preview of a new "gps" special that premieres tonight at 8:00 p.m. first here's my take. when he was in college in the early '80s as part of a student organization, i invited ronald reagan's defense secretary, casper weinberger, to give a speech on campus. at the time american colleges were hotbeds to the reagan administration especially to its defense policies. sure enough, as he began to speak, a series of students stood up and began to heckle. one after a...