Detailed text transcripts for TV channel - MSNBC - 20110529:18:48:00
That as an issue. then what they have to offer is tax increases on the rich. now, would the democrats take that up? i'm not sure. and frankly, i don't think it's likely, but that's what the republicans need. i think it's much more likely that we'll have really a fudge deal on the debt ceiling, a deal of a government shutdown problem this year and a very large chance of some sort of fiscal crack-up within the next couple years. i was up on wall street this week. i know more about political risk than they do. they are vastly underestimating the source of political risk here. we could have a majo...