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tv   The Dylan Ratigan Show  MSNBC  February 3, 2012 1:00pm-2:00pm PST

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>> two ghosts. tom brady has more to lose. he's older and has an opportunity to go in with elway and montana with four super bowls if he can get the redemption. manning has more time. i'm betting on tom brady. >> you heard it here first. dylan, it's all yours. >> thank you. i think the show starts now. we have a 30 million jobs tour we're dedicating our professional time to. i'm dylan ratigan. it's a sligdelight to see you. third week of the tour. we're in the belly of the beast, washington, d.c. one of the more unhealthier places in our country, but probably the most important and in need of our attention and
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resolution if we're going to have 30 million jobs in this country. they are open to it. just a matter of pointing a way forward. this, of course, the first friday of the month. as we all know, that's the day of the month we get the benefit of the monthly jobs numbers. today that picture got a bit better. stability may be developing around us, which is a welcome development. 243,000 net jobs added last month. that brings then employment r e rate, the trend that that gang is indicating is a modest improvement at 8.3%. that's why we interpret is as stability. it's the lowest reading we have seen in three years. the reason i say not prosperity is because that number is still high and the reason that number is improving is many have fallen out of the labor force, which makes the number get better while many more are underemployed, which is a huge issue in our country.
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we all the real unemployment number is closer to 20% when you count college grads working in low-skill jobs. it goes to the narrative we talk about all the time. but enough from me. you hear from me enough. i want to bring back in the dynamic duo of jobs friday. the watson and crick of jobs analysis. jared bernstein and peter marici. we know you're a bo on the benefits of job creation. we're picturing you doing the s salsa touchdown dance with the news of the positive job numbers. >> i wasn't quite that excited, but i did start saying, look. the thing that i'm looking for, i don't get all that revved up
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about one month's numbers. i'm looking what you were talking about. the trend. in this case if you're looking at unemployment or job growth, the trend is your friend. average that out over the past three months. we have been adding 200,000 jobs per month on average. go back to last summer. we were adding about half of that. you're right in what you said in your introduction. while 243,000 is a lot better than where we have been, coming out of such a deep recession, that's a number of only moderate magnitude. we're going to need bigger numbers than that. but every industry added jobs. so a strong report. >> peter, give us the dark underbelly. not in an effort to rain on anybody's parade, but how to analyze the old gauge and how we could improve the way we measure the jobs numbers and how it is
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that if we don't have a culture of investment, tax code, trade policy, you're never going to have the level of output that virginia ja red would want. >> the jobs numbers were good, but we had an enormous increase in the number of people who have quit the labor force and are not looking at all. the adult participation rate went down. over the last year, the percentage of adults that have had a job has stayed constant. instead the biggest jobs program has been getting people to think they don't need a job. we need to create maybe 380,000 private-sector jobs each mon month to get to moderate employment. 6% over three years. to do that, we're going to have to double or triple the number we're getting in manufacturing. we had a great manufacturing month compared to before. we were below the snake's belly and now we're on the snake's
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back. but we have to get up there. what that means is we need less emphasis on wall street and whoever is president next january, somebody has got to develop the solution to deal with china. . >> jared, you agree with the framing of this conversation. you're fully aware and obviously, an advocate of having a robust investment culture in america. we all know the investment culture in this country by litany of levers needs significant improvement. the question that's been occurring to me, jared, is how do we explore and benefit from the short-term stability we have achieved through the money printing and exploitation of our status as a reserved currency to get away with a stunt like this. how do we exploit the stability
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not to interpret it as we're out of the woods, but as a stable platform to engage in an intelligent debate as adults about how we're going to cultivate the investment culture for the next hundred years knowing we don't have it now. >> the answer to that is for us all to recognize that with the progress we made, we have a fragile recovery. the reason is because investment in our workforce remains relatively low. we still have currency issues. we certainly would like to see the manufacturing going in the right direction. the but the president has every right to make an argument that we have the momentum. let's not screw it up. in the short run, that means some things like the payroll tax holiday and unemployment sdmurns. but in the longer run, he's a
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spouzing in new forms of growth precisely in the expansion sector. it's not going to be at the magnitude you're talking about, but i think within that framework, we have to argue with the congress that we have some momentum. let's build off of it. >> if you were to be in the president's office, peter, whoever the president is whether it's the current president or whoever takes the job, what would your advice be to them in the framing that jared just presented us with improved stability and a little momentum on a couple things. how can we add more investment and more efficiency, more rapidly into america? what levers can we push to do that? we know your views on trade. we know my views on banking. i feel like it leaves us with an opportunity in this country over this year. especially with tom coburn's
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book. to have a real debate on tax code in this country. >> beyond trade, i would like to see the president deliver on his promise of the state of the union to rev up domestic oil production. to open up the gulf, importing the stuff only shifts the problems to developing countries. i would like to see genuine tax reform. that's a winning issue for the president, whoever might become president. even if we have president obama, we can go beyond dodd-frank. it's time to take a look at the idea that large banks can have 10% of the large deposits and five or six banks have 50%. they are not lending that money back out where it needs to be loaned. maybe it's time to start breaking up the large depositories without necessarily bringing back. that opportunity has been missed for now. we should break up the large
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depositories. >> the watson and crick of jobs debate and invest mement in america. i give you ladies and gentlemen, jared bernstein and peter marici. more on my thoughts of the job report. the left calling the number a game changer e. the right calling it not enough. mathematically, they could be correct, as we just discussed. it's not that pretty. and we on our side are calling on any politician of any stripe who currently thinks this system is going to get us anywhere near the capital flows we need for 30 million jobs in this country. plus how would you like this job? covering the super bowl. we're live with a look at the big business of the big game. plus what do adel, kid rock, and the frai have to do with 30 million jobs in america? you'll find out as we continue
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the economy is growing stronger. the recovery is speeding up. and we have to do everything in our power to keep it going. >> welcome back to the 30 million jobs tour. you know only in the america that we are living in today could 8.3% unemployment from an outdated gauge be a reason to party. our friday mega panel is in the
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house. ari burrman, whose book is now available. it's written by a man who has a few things to say that i have learned and did not know and i suspect you could learn as well. i like you. you have to learn. and i do like you more than you irritate me. krystal ball and mike williams are also with us. i want to pick up where we were with jared and peter. no question this data is a politically valuable for this president and administration. at the same time when you look at the base math, is there lending from our banks into america? no, it's down a trillion dollars. no frtrade flows. is there an investment incentive that says put money long-term into america?
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the answer is no. the money is to take it out. so how do we reconcile the political viability and the encouragement we all have from the increasing stability in the jobs market, but not get lost in the drunken stuper believing we have solved some sort of problem. >> if you look at the jobs numbers, this was a good first step. we need to go a lot further. it's good you're talking about these visionary solutions to the problems. it's interesting. obama you remember introduced a jobs plan in september. only one part of the plan was passed and that was for veterans. it happened that the unemployment rate for vets went down from 13% to 9% in the last month. so that's a signal to me, at least, that the very minimum if we passed what obama was advocating, we would be on the right track. we'd have a lot further ways to go, but we'd be on the right track in terms of creating more jobs. >> and it's an interesting political football because if i'm a republican, i have a
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narrative that says, listen. there's not a culture of -- there's not this investment culture. it's the slowest recovery in the history of recessions. and the numbers are not there. at the same time, if you're the president, you have to be really delighted to have a new trend that's indicating an improvement. who politically can best exploit this when you look at the real player? >> you're just looking from the political perspective, there was some recent polling that showed that more and more americans feel like things are getting better. and that in terms of the politics, in terms of electoral outcomes, that sense of we're move lg in the right direction is the most important thing politically. so i think that puts the president in a stronger position, assuming that the trend continues. but you're absolutely right. this isn't enough. you know i like to play the
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optimist. i think when we were in full crisis mode, everyone was so freaked out that all they could do was bicker at each other and think about how do we get from today to tomorrow. it's a short-term perspective when you're in that crisis mode. now hopefully, my optimistic hope is that now that we're maybe getting a little breathing room, we can take a step back and have those long-term, more fundamental discussions like you've been having on this show in and that are desperately needed in this country. >> mike williams, what's the best way to apply political pressure to someone you want to get out of the business of fighting and resisting and arguing, which is basically an ego battle and into the business of a uniform, unified national advocacy for reform and investment in america that can apply to this president and any other president for as long as
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we all shall live. >> the pressure has to come from the people. when you look at the world, civil society is what will push politicians to make change. when there's enough pressure on both parties, they will change the behavior. we want to get beyond what krystal was talking about. the political dimension and how to interpret the numbers to real structural change. the problem is we're globally uncompetitive in business practice. the democrats and republicans can play politics, but until we see real policy change and evolution, we're going to have changing on the window dressing ra rather than something substantial. that needs to come from the public to ask their leaders to do more. we have seen that on the right and right. we need to get pressure to push for change. rather than just changes in terms of appearance. >> i was just going to say. we talked about this a little bit before, but there is reason
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for optimism. you see the president having some tough language about china and signaling he may take action there. that was really a push that came from the people and then the republican candidates adopted some of the rhetoric and forced the president to also adopt tougher rhetoric on china. so we are still a democracy and the peoples' voices do matter, even if it's hard to compete with the money and influence that are out there in d.c. >> the interesting thing just being here a few days, the awareness that all washington, d.c., actually seems to be doing is lagging the actual political temperature in the country. we look at this building as the leadership vehicle as the tip of the spear. but what this town is a response vehicle to what is happening in america, in the individual communities. as we see more of this happening from montana to california to florida around these
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microreforms, that this town reacts last and not first. the panel stays, which means the more we do now the quick e reacts. we are here in washington. so we thought this would be a good time for a get money out update. our friends at united republic launched a new blog. i invite you to check it out. the objective very simple. this is the clearinghouse for all of us on the get money out list and within the community that wants to get money out of politics to convene to expose the corruptive nature of money in politics as we get the visibility, we can restore the integrity. this the first step. visibility. joining us again, the get money out general i like to call him, nick petman.
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you guys have finally -- we actually have to build it all. you are building it. it takes time and it is extraordinary when you guys are doing. give us a sense of the tip of the spear with the republic report. >> yeah. i love the fact you call me a general. i look like a professor in this setting. >> it makes people afraid. >> republic report is a blog that will be reporting all day long about the way that washington really works and that's both about the stuff that's illegal that we can hopefully under cover, but more importantly, the stuff that's legal in washington, which is the real problem with washington. and the big news about the republic report is one of our key reporters is going to be jack a bramoff. he spent years in jail for his
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involvement in scandals in washington. so we have hired essentially the safe cracker, the ultimate safe cracker to help us crack the safe. >> first of all, congratulations. that's obviously great. jack has a tremendous amount of attention to generate by virtue of the attention that was paid both to his demise, his incarceration and punishment and his recent resurrection. how do you reconcile with somebody like jack aabramoff. and such can guide you to the easy points of the safe cracking. basically what the combination is with the fact that the guy has a history of being a criminal. how do you know we can trust him? >> i remember reading a story about the cia was going around hiring hackers who had broken the law and spent time in jail to worken cyber security for the cia. it really is the exact same
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theory here. he knew how to play washington like no one else. he was an expert at it. he knows where the bodies are buried. he knows how to accomplish stuff. >> but he's also proven himself completely untrustworthy. >> i believe in redemption. he spent his time in jail. he's done his time. he's just as genuine about taking down the current system as you or i are. he's a very serious guy and a good guy. he wants to help break up the way washington works. >> it's fantastic. the last thing while i've got you, because i have been harassing everybody else, every congressperson who will get in front of me. why do we got have super pac transparency immediately? is there any way that you can marshall your yours, and i can collaborate with you in that
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regard, to get aggressive advocacy on the ground right now. we have unregulated secret money buying politicians before our eyes. can we get a piece of legislation? >> i think it's very possible. people should go to united republic and sign up. there's another way though with this, dylan. which is that barack obama has talked about what a problem super pacs are. mitt romney has talked about what a problem super pacs are. what would be interesting is for journalists to try to get them on the record as to whether or not they believe in full disclosure for the super pacs working on their behalf. tomorrow they may have to wait on capitol hill to pass a bill. announce it they are joining forces to make all this money -- pull the money into the sunlight. >> the best short-term goal i can think of for all of us. it's the lowest hanging fruit in
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the most obvious corruption as you continue to build the resources necessary for a campaign of electoral reform across the board. thanks, nick. congratulations on the hiring of jack abramoff. and it's a delight to have you. i know everybody involved with this show is happy to have you as a partner. >> thank you. >> a reminder to check out the final day of our auction 2012 special report. it's done with united republic and also "the huffington post." the greedy bastards and student debt is up front. you can find our most recent pod casts. and be sure to head to greedybastards.com. they all link back to each other. check out our educational connect the dots that show the breaches in choice that is allowing the greedy bastards to correct our educational system. straight ahead, the business of
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as we talked about many times on the show, it's not small businesses that make jobs for this country. it's newly-formed businesses, which spur job creation in this country by an overwhelming margin. as a result, we need to have a culture that forms these things. our next guest spent his career working for an advocate for small businesses. new figures continue to show that this type of business is in desperate need of more support. more than 60% of small business owners say it's harder than it was four years ago to get loan
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financing. if you look at equity informsment in this country, it's very hard in that market. almost impossible to come by. that's where new business starts. lloyd chapman is the founder of the american small business league. it's an independent small business advocacy agency. what policy changes could we entertain this year that could spur a resurrection of that investment into that critical cradl cradle-making ecosystem that is this formative place that's not getting the investment that it needs. >> i think a really basic thing is to existing federal laws. federal law says 23% of government contracts should go to small businesses. there's been 20 investigations that show most of the money goes to fortune 500 firms. there's another law under
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$100,000 should go to small businesses. that's not happening. another federal law says 5% of government contracts should go to minority-owned companies. the thing that concerns me the most is president obama's plan to combine the commerce department to me that's the same as closing the small business administration. i'm concerned about that. the last thing is i thought the whole purpose of tarp, i saw president bush talking about passing tarp to increase access to capital for small businesses. the truth is since that was passed, access to capital has dropped. i think president obama and congress needs to be something to address that. >> let's go fwook the graphic with the increase in bank bonuses and decline in lending. when we talk about the lack of investment and the distorted flow of capital in america, nothing is more instructive to that than the banking system in
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2011. bank profits in offshore speculation. up $29 billion. that provided to the big banks. no one else gets that. bonuses up. you can see 67%. the federally-chartered banks that we actually have giving the free money to that we give the special privilege to have declined lending by 43%. i don't care what the jobs number is, when your financing system looks like that graphic, ari, you're screwed. >> that's why people angry. that graph illustrated it well. i wanted to ask mr. chapman though, the obama administration made small businesses a major theme of the state of the union address. and of policy this year. do you think his policies had any impact. do you see any glimmers of hope on that front? >> to tell you the truth, we
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talk about small business a lot, but when you look at what he does, he's dismantling all the programs. the latest data from the government shows that the top 100 recipients of small business contracts, 70 are large businesses. you're talking about companies like boeing, rolls-royce, all getting small business contracts. the move to combine, that's a 30-year-old thing the large corporation has been trying to get to dismantle the program that directs the contracts of small businesses. when you look at what he does, i don't see him doing anything prosmall business. >> it seems, krystal, that politicians are mastering the rhetoric. they learn to talk the talk on both sides of the aisle, but they don't understand how to walk the walk. >> that's absolutely right. mr. chapman, if we could go back again to talking about that
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graphic. let's dig into that. from your perspective, what would be the best thing to encourage and incentive vise banks to lend to small businesses so they can form and existing businesses can expand? >> you know, they have actually passed a number of programs that are supposed to encourage banks to lend to small businesses, but they don't have teeth in them. there's no downside to banks not lending to small businesses. >> so we need an enforcement mechanism? >> absolutely. you need an enforcement mechanism. and increasing lending to small business needs to be tide directly to banks getting help from the federal government. >> if you don't have the culture of experimentation, of all the incubators and ideas being germinated, you won't seize the
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greatest american thing. it's a delight to have you with us. mike williams, when you go home, tell your friends that dylan ratigan wouldn't shut up. as a result, you did not get to ask lloyd a question. i apologize. it means you'll get to talk prolifically. getting this congress to work for america is one of the topics that we discussed last night with our leaders in washington. a wonderful event in washington, d.c. we had the fiery progressive, i would say the most fiery of all the progressives, senator bernie sanders. and freshman republican tea party congressman from arizona, david swhooi kert. both of them, they couldn't be more different i might add. they joined us for an honest conversation about taking our country back from the greedy bastards. a huge thanks to the senator and
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to congressman and to everyone at the magazine for hosting us last night here in washington, d.c. i want you to check out the new cover of our "greedy bastards" book, which is now certified. as you look in the right-hand corner. a new york times best seller. i thank every last one of you for enrolling in this conversation and enlisting in the debate we're trying to provoke not only with the book, but this tv show. the market is responding to what we're talking about. everything is working. that's encouraging for all of us that want to have this conversati conversation. straight ahead here, the news that we all need. it's friday afternoon. we're off to indy for a live report on the preps for the super bowl. [ female announcer ] this is not a prescription.
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the anticipation building for the super bowl rematch. there are few patriots from the last team. tom brady is still the kwaerk. new york and the patriots will have something to settle on sunday. craig melvin live outside the stadium where the final preparations are underway. who do you got? >> you're not doing that to me, brother. >> come on. you have to go with brady and the patriots. he gets four super bowls. he redeems himself. he goes down with elway and montana. people don't respect him he feels they should. >> the patriots are favored by three, but you'd be hard pressed to find a lot of fans who don't think the giants have a good shot. that's my diplomatic way of staying out of this thing. indianapolis, this is also the very first time that this city has hosted a super bowl. they have pulled out all the stops, dylan ratigan. they have done a fanst fantastic
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job so far. business is booming. it's been booming for several days now. 300,000 people descending on indianapolis over the course of the next few days. 72,000 fit in the stadium. you have a lot of people enjoying free concerts. tonight and tomorrow are the swanky invitation-only parties. the playboy parties, the espn parties. we won't be at those, but those what happens tonight. >> you look very healthy right now, which makes me think you have been behaving yourself. >> i have. >> it seems to me you're going back to the hotel like a good professional and sleeping. >> reading my notes. there is one thing i want to point out to you. i know you would appreciate this. this has been calm, an event for
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the 1% in a lot of ways. . the average ticket price back in 1967 was $9. average price. the average ticket price this year is $3,800. this is not a game that john x sixpack can afford to get into. >> that's the fact. we'll get into that one. thank you so much. enjoy yourself. >> giants or pats, you didn't tell me. >> i have the pats. i know you have the giants. we have a deal. whoever wins has to shave their head bald. it's a bet. i'll see you next week. >> see you, my friend. >> two quick thoughts here. out of personal bias on the super bowl, but also a lesson taught to all of us that not everybody got a chance to see. the team that's not there is the 49ers. we all know i'm a 49ers fan. i have a bias. the reason they are so important is that man right there.
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jim harbaugh proves that great leadership can take the same team and the same group of people and change the culture of how a team functions to take a losing team from san francisco last year with more or less the same players and same quarterback and shatter how they do business and tell them that they are the luckiest people on the planet earth. his message to that team going back to spring training was nobody has it better than us. if you can't go out on that football field and literally dance, look at their kickoff team and their defense, and sees the pure joy of the opportunity of being able to be here in the context of pro football, then you don't belong on the field. and that simple act of changing a how turned that team from a loser into a celebrated winner. granted, they didn't make it to the big game, but they did teach me and a lot of folks a lesson about the imperative for great leadership and how one individual making the right
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decisions to help a group of people achieve a mission through how and not what can be the most powerful thing that exists in this country. we'll be back with a little more here right after this. well that's like checking on your burgers after they're burnt! [ male announcer ] treat your frequent heartburn by blocking the acid with prilosec otc. and don't get heartburn in the first place! [ male announcer ] one pill a day. 24 hours. zero heartburn. ♪ ♪ it's nice to see you... [ male announcer ] this is your moment. this is zales, the diamond store. take an extra 10 percent off storewide now through sunday.
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tonight's season premier. if you haven't seen it before, it features acts in an intimate setting. simply great music and lucky fans. the creation from a man who is our next guest. worked in finance for a dozen years before ditching the suit. an attitudes towards the need to make a transition. with us is mark lieberman, producer of the show ""the artist."" congratulations. give us a sense of what you modelled, which is the imperative towards an adaptive mentality towards your skill set as an adult and a powerful, creative individual in our society and how you were able to shift your identity from the very validating and very powerful identity that you developed in the finance industry to abandon that to pursue something like this. it really started with a passion. i have always had a passion for music. had many bands in college. i was an obsessed music fan.
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had a day job in private equity and finance for years. kept the passion alive and was able to make the transition with, you know, really just a view that the world needed to see the best of music in unusual settings and at times when adults can enjoy it. and when i made that leap, i never looked back. it was almost seven years ago. and just happy that we have a show that's so beautifully produced today and in its fourth season. >> what can the rest of us learn from you? what did you apply from what you learned and how you worked -- how do you transfer your how from one thing to another in order to give you a higher probability of success? >> you have to be patient. i think you have to be persistent. and i think you have to stay with a vision and build a team. all those ideas are the things i
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learned when i was on wall street. i learned a lot of mistakes and a lot of successes in investing in businesses. and i saw a common trend amongst the best entrepreneurs. they believed in something. they stayed the course. and they held on to the steering wheel even when other people wanted them to do different things. i think we have been able to do that with our series. we stayed basically consistent since the minute this was born. >> last question for you. and then i'm going to thank you for something. but the music business broke first when it came to technology disrupting the old vehicle. people love music and make music. but the music of exchanging money got screwed up with technology. what do you believe is the path forward for a businessman who wants to connect great music and actually make a living at it in the context of the modern world? >> i think it's like any
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business. it's serving an audience. we have a passionate, dedicated fan base that's global. we give them something that money can't buy. they are addicted to the series. and from that, we have been able to build a business. so i think it's about staying true to a brand promised. it's about doing great every time. and i think from that, music can always be successful. people consume music more than anything else in entertainment. >> the last thing, and you probably don't know this. in addition to my day job of provoking for solutions around economic philosophies and political philosophies and all the rest of this, i also have moonlighted in the past as an alternative percussionists. i don't do drums. i will never do a bongo. it's out of my league. but you hook me up with a
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triangle, and then there's also the cow bell, which i'm not afraid of. i was able to play that's a picture with the fountains of wayne on that pirate ship out of south ferry. i have participated as talent in one of your productions. >> are you kidding? that's fantastic. >> i'm grateful. if you weren't producing, i never would have had that chance. >> that has never aired on public television. some day it will. we brought you a copy of it because we know it's your favorite band. >> i consider myself the honorary band member. for some reason they don't return my calls anymore. i'm sure i can get them back. congratulations on the business and on the way we can learn from the way you're doing business. thank you. >> thank you so much. watch the show tonight. >> 10:00 tonight. pbs across america. thank you, sir. before we go, a brand new ranter gets her chance to sound off.
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find out which of the dr show friends has taken command of the chair. , i'm a mom... and chantix worked for me. it's a medication i could take and still smoke, while it built up in my system. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these, stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of heart or blood vessel problems, tell your doctor if you have new or worse symptoms. get medical help right away if you have symptoms of a heart attack. use caution when driving or operating machinery. common side effects include nausea, trouble sleeping and unusual dreams. my inspiration for quitting were my sons. they were my little cheering squad. [ laughs ]
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[ male announcer ] ask your doctor if chantix is right for you. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be. ♪ because your moment is now. let nothing stand in your way.
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learn more at keller.edu.
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now making her national television debut as a daily ranter, krystal ball, our in house optimist. >> mitt romney made headlines this week with a bone headed comment that he wasn't concerned about the very poor? you'd have to conclude he was just being honest. liberals like me cackled with delight at his latest gaffe. conservatives had a massive face
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palm at romney's foot and mouth disorder. it's not really news that the plight of the poor is not the gop's priority. where are democrats on helping the poor have you heard much from any politician? the time the national poverty rate was 19%. today the latest statistics have the poverty rate at over 15%. it's the highest level in nearly two decades. one in five american children live in poverty. what did president obama have to say about poverty in his state of the union address? the president has personally worked as a community organizer in poor communities. the poverty was barely mentioned in the state of the union. why? poor kids don't vote and poor adults are unreliable voters. there's no poverty super pac. in other words, neither party gets political scratch for fighting for the poor. the president gave a beautiful speech thursday at the prayer
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breakfast where he spoke of caring for the least of these. don't expect poverty to be a focus of his reelection campaign. both parties adopted the same model. pander to the voters they depend on to get elected. serve the donors and special interests who fund their campaigns. when it's time to cut programs, there's no analysis of which programs are most effective and most efficient. funds are cut from the programs with the newest lobbyists backing them. the fewest political donations dependent on them. the successful programs like w.i.c. get cut. i am a proud democrat in part because i believe our policies do much more to help those who struggle most. but we have allowed the dialogue on poverty to be shaped by the republican caricature of poor people where are the voices screaming that the problem in america is not the value of a paycheck.
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the prab is there aren't enough jobs. the problem is that our education system utterly fails the peoples' whose fate is most tied to it. too many of our politicians have forgotten to be voices for the voiceless. dylan? >> i think you found an issue, krystal ball. >> i was thinking maybe i should have talked about the super bowl, but this was weighing on me so i went with it. >> you're a young mom and that you have ran for congress in the past around a concern for these issues. you are certainly in a great position to carry this agenda. it ties nicely with what we're trying to do with a culture of investment in america as a prerequisite to the jobs you're talking about. >> it also ties into getting money out of politics. part of the reason it isn't is a focus is poor people aren't contributors to the campaign. >> well presented. congratulations on the first of what i'm sure will be many rants. krystal ball, thank you so much. thanks to er

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