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Detailed text transcripts for TV channel - MSNBC - 20120720:02:39:00

continue. grover norquist has done a lot of unwise things in his life as a lobbyist, most recently calling a republican senator a liar, but grover has done nothing more unwise, nothing more unsafe than crossing senator thelma. >> grover norquist, by the way, was kind enough to wish my luck on the super committee by telling reporters that the lady from washington doesn't do budgets. >> oh, grover. you should have known that bad things happen to guys who cross thelma and louise. joining me now are two guys who would never cross thelma and louise. the former chief economist to vice president biden. jerod, i have been hering for some months now, very quiet whispers from other democratic

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Detailed text transcripts for TV channel - MSNBC - 20120720:05:39:00

relevant to this conversation. >> that is so thelma. i hope those impure thoughts continue. grover norquist has done a lot of unwise things in his life as a lobbyist, most recently calling a republican senator a liar, but grover has done nothing more unwise, nothing more unsafe than crossing senator thelma. >> grover norquist, by the way, was kind enough to wish my luck on the super committee by telling reporters that the lady from washington doesn't do budgets. >> oh, grover. you should have known that bad things happen to guys who cross thelma and louise. joining me now are two guys who would never cross thelma and louise. the former chief economist to vice president biden. jerod, i have been hering for some months now, very quiet

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Detailed text transcripts for TV channel - MSNBC - 20120601:20:02:00

watson and crick of the economy. peter and johnson are here. this is even below -- i would have been a fly on your wall in your office when you saw the headline. tell us your reaction. >> this is lower than a snake's belly. like calling play by play at a funeral. just terrible. we didn't use the period of grass provided by the stimulus to fix a lot of the things that were broken as per, you know, this gambling going on in jpmorgan instead of banking, and now with the trade deficit and the bad banks and all the rest of the things we talked about, we don't have a lot of money left to stimulus and we don't have a lot of options before us any more. i can't say the republicans have helped. >> jerod, here's what's really frustrated me, since i left cnbc and even tried to have this conversation, i may be naive, but i was of the belief that there would be a conversation about restoring capital requirements, restructuring the banks, addressing trade

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Detailed text transcripts for TV channel - MSNBC - 20120212:13:49:00

they don't have the employees to do it, trying to staff up, but also incentivize financially to foreclosure. >> in their interest. >> that's why you see the -- >> attorney general -- >> that's why the foreclosure prices is what it is. >> err >>. >> i had a macro economic question which is isn't the big goal at the end of the day to sort of remove some of the uncertainty? it might be emotionally and politically or even legally satisfied to see a crooked servicer get thrown in jail and criminally indicted but at the end of the day, we want to get past this. right? so there will be something resembling housing market so people can get mortgages again. >> well -- well, macro economic questions to be directed at jerod. uncertainty i'm concerned about are they don't know whether or not they are going to be able to stay in their house and hanging on by their fingernails and not knowing whether or not they will be able to stay in their home and provide for their families.

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