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Created this thing, why hanged it over to others. but let me challenge you for a moment. sit fair or wise to have one country, the united states control what has become a powerful, pervasive global form of communication? >> yes, it's in our national interest. greg, look, you know and i know that our country is attacked si si cyberly through the internet. better us than anybody else to control the access to the internet because if you give it to a third party n this case the u.n., the u.n. is absolutely incompetent in every area of governance, there's never been an accusation that us as the inv...

Been more reluctant than some other democratic presidents with issues related to blacks, i think, in obama's case, i think that in obama's case, he feels that it is -- harmful to him politically to address the race issue very often at all. that will will be -- there will be -- will be pushed back from the white community, certain percentage of whites, whatever it might be, we'll say hey, he's there to give everything for the blacks or something along those lines. i think that's a mistake but that's the calculus he made. >> when you talk about -- the president talked about poverty. especially p...

the most recent cnn o.r.c. polling says 51% of americans would hold republicans responsible if the debt ceiling is not raised. just 30% would find president obama more responsible. peter moresi joins us. i have to ask you this, you are an economist, you're a well-respected economist and we have spoken together for years. do you have any evidence of what so many conservatives are saying that if we were to increase taxes at all, at all at this point in an economic cycle, that it would actually hurt our economic recovery? >> well, increasing taxes wouldn't hurt anymore than, say, cuttin...

That is what is the federal interest rates for future years. we're seeing not so much just inflation, but in terms of imbalances in the economy. and i'm not advocating for tight monetary policy, but i think we have to get off of zero if we want to avoid repeating some of the mistakes in the past with a very easy credit environment. >> sit fair to say if you look at the charts from the 1980s onward, what has happened is we've achieved a lot of our growth not by dealing with some of these structural issues but by encouraging americans to spend more money, to take out more credit card debt, to ta...

but first up -- the chances of peace in the middle east after the latest round of speeches by prime minister netanyahu and president obama. i'll be joined by tom friedman of "the new york times" who is just back from the middle east. now, here's my take for this week. we've just gone through an arcane debate about whether barack obama said anything new when he called for an israeli/palestinian settlement based on 1967 borders with mutually agreed upon land swaps. in fact, that has been the working assumption of all negotiating parties, america, israel and the palestinian authority,...