Peter Marissi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Just trimmed or cut a little bit, it's slashed into the bone by the ryan plan, which romney supports. so we're going to have a real debate on what people want from their government and that's not -- it might not cover a lot of other issues that are important, but it's on something real, which is more than can be said for a lot of prior presidential debates. >> from your mouth to the debate stage, i hope. thank you for being was through this primary season. i look forward to learning through your reporting and engaging with you over the months to come. coming up, it is all but certain as you ...

Next decade because of where they have gotten to. we are not greece or spain or the united kingdom. we can handle this in a much more gradual, reasonable and responsible manner, and we shouldn't do spending cuts as proposed by congressman paul ryan. >> peter, go ahead. >> i think that cutting the budget back a bit would be useful. spending money, you should do it responsibly and deficit spending has its place. however, that permits governments to be irresponsible. look how the stimulus money was mismanaged. the dozen or so energy projects destined for bankruptcy before they were purchased. we ...

Enthusiastic. it's a different model from the traditional model and i think we're going to be seeing more and more of that moving forward. >> what do you think of sort of the culture of compensation, peter? >> i've lived it. this is the way academia works. for the last 30 years i've observed in several universities what happens is about 55% to 60% of the faculty figures out how to rig the rules so they get paid and the other 40% don't. we have extraordinary anomalies in pay at the university of maryland and many institutions across the country because of these kinds of processes. having lived ...

>> president obama at this morning's white house prayer breakfast, tying the story of easter to the story of america's rebirth. but the idea of any economic resurrection is proving to be a tough sell, with nearly 1 in 5 americans either unemployed or underemployed with gas prices at record levels for this time of the year, it's only helping to fuel frustration among voters. here to talk economics is our panel. peter, we've been doing this for years now on this network. can you possibly have a functioning economy if you have a corrupt banking system, rigged trade, and screwed up energy relation...