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Baseball and in life, itf it happens in elections some of the time and if it happens somewhere else and sometimes you lose and sometimes you win. That is what we teach our kids to act like pat murphy. Thank you so much for letting us into your homes for another week of shows. Were so grateful. The beat with Ari Melber starts now. Today i learned about the peaceful transfer of power between baseball teams. Love itted. The brewers were so good and they beat the mets so many times but this one went the other way and that was just beautiful. I clipped it to everyone i know. I loved it. I love it. ...

Trillion deficit per year matters to americans is it's like termites in the basement. they're eroding the economic foundation of our economic house. if you let those termites continue to eat and eat and eat, it collapses after a while. i think the long-term implications would be higher inflation and higher interest rates. those both have very negative impacts on the ability for the american economy to compete. >> good point. termites, you don't know there's a problem until one day your staircase collapse -- >> that's what's so frustrating. we know we have termites in the basement. >> christa, ...

From it. there are a lot of reasons why the s&p call should be taken with a grain of salt. for one thing the agencies hardly cover themselves with a blaze of glory in the economic crisis and hardly have any political status, if they ever did. i keep telling people to watch the movie "inside job." it uncovered just how solid some of these rating agency calls are. listen. >> they rated aaa a month or so before they went bankrupt? >> more like a-2. >> a-2 is still not bankrupt. >> no, it's a solid investment rating. a-2 within days of failing, aig aa, within days of being bailed out. fannie mae a...

>> how could that be? >> well, that's a good question. >> in fairness, he wasn't with s&p, he was with one of the competitors. i'm telling you, everybody has to see this movie. why should we trust what s&p says about america and its credit rating? >> i am glad you're making this point, ali, because i think if you're looking for a single villain in the financial crisis, which is the worst thing that's happened to the economy since the great depression, the rating agencies wouldn't be a bad choice. and the s&p call at the beginning of this week wasn't based on any new news. it wasn't as if they ...