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That got passed and we had you on to talk why it is a scam. the actual jobs act, the american jobs act, that was a concrete discrete bit of expansionary policy they tried to put forward. he did the primetime speech, he did all the things, it went nowhere because whatever you say about partisanship at a policy level one party is implaquably committed. >> obama has put social security on the table to be cut under the theory of this phony crisis that doesn't exist. >> right? >> and as soon as he did that, and we now have a good 30%, 40% of progressives saying we need shared sacrifice and we need ...

One of the things that happens in these, there's, the check crisis produces political crisis. we've seen across the continent. rebellion against austerity and the discrediting of the center left and center right parties that have been the stewards of that austerity. in greece it was the socialist party, the long proud tradition in greece that was the one to implement the austerity. their government collapsed. the serisa party, a far left party did not have a lot of seats in parliament until recently, now 25% in the latest election. they're now saying we don't want the terms of the deal. but to...

Left party helped kick out the incumbent centrists, balking at the harsh terms of the bailout they've threatened to default opening the door it a full-fledged continent-wide economic and political crisis. don't bet it will stay contained. here's uk prime minister david cameron making that case. >> either europe has a committed stable successful eurozone, with an effective firewall well capitalized and regulated banks, a system of fiscal burden-sharing and supportive monetary policy across the eurozone, or are we in uncharted territory. which carries huge risks for everybody. >> at the conclusi...

>> and had a coup. >> there's a history there of political violence and instability. there's a party called the golden dawn, which is an explicitly fascist neo-nazi party. here's the golden dawn leader, nicholas nicokiakos, after electoral victory walking through the streets. >> all day in the greet illegal immigration, out, out of my country. out of my home. >> you see that's the symbol there, that sort of swastika-inspired symbol on the right is the symbol of the golden dawn party. it's serious stuff. these guys are explicitly fascist. they have significant heil. they won 7%. and there's goi...