tv [untitled] November 25, 2013 1:30am-2:01am EST
it's the cause of that the cause of that is the two thousand and eight financial crisis which occurred in two thousand and eight that's when we were that close from the entire global economy falling apart. and we have not yet recovered from that and to me that's the biggest issue that most americans care about you know look at retail spending as we're coming into the all important christmas season every just about every even wal-mart is reporting lower earnings that they're expecting every retailer is worried and it's because there's no demand demand we were doing pretty well for the last couple years but now it has fallen off a cliff and i don't care what you do at least a model here i mean look at a small business policy can really i don't i don't mean to cut you off but you're absolutely right i want to tell you because barack obama has passed eleven thousand three hundred twenty five seven pages of new regulations that have been added during his presidency forty six percent of employers are afraid of hiring because
of the policies of this president right now and remember george w. bush never tried to take over the health care system barack obama has tried to take over one sixth of the united states economy if you took the health care system out and just had it as his own economy it would be the sixth largest economy in the world and barack obama has tried to socialize it in a strangest way possible by giving money to big corporations so this sounds like corporatism to me my friends it's not really a continuation of george w. bush because bush never tried to take over the health care system and bush didn't take fifty to seventy five percent of the fourteen million consumers who are buying insurance out of the market and destroyed their health insurance policies the woman that the president trotted out in the rose garden as the great success that california woman who was going to pay be able to have obama care she thought she was going to be one hundred thirty dollars a month in premiums she's going to have to pay six hundred thirty seven dollars she's a single mother and she will get no tax credit this is your food stamp president brought to life so there's no comparison here whatsoever ok well maybe there is daniel i mean i want to get back to year go ok kimberly that you can really going
to get it out first go ahead you can jump in this is cross talk going i will go to daniel if i could go ahead. yeah i'd like to get back to the first point as far as job creation let me tell you this and i've been in the business community for twenty plus years you know if there's demand i don't care how many regulations you have if there is demand employers will hire people to make sure they're producing enough product so they can make profit they will do whatever they need to do to make profit the problem is regulations don't help but if there is demand businesses will hire there isn't consumer demand that is the critical problem in this economy and i think that everyone needs to focus on that question how do we increase demand and jobs in this economy and get it rolling again daniel i want to reflect about what can really just said and went on as you just said it just seems like it doesn't matter if you're a republican or a democrat you're basically
a servant of corporate america no i mean when you look at the amount of money that are given to candidates right now i mean hillary clinton did a nice go at two weeks ago picked up a nice piece of change when she went to wall street i mean it it's always seems that you know it's. like the circus is inbred the roman times you know you entertain everybody like on t.v. programs like this but at the end of the day it's the the one percent of they're not trying to be a classist here but you know they still get what they want in a bronco obama is a wonderful servant for those interests. yeah and let me take just a little chunk of the earlier point a hybrid between kimberly and austin and then let me get to the money poured make this is brief as i can first everything leading up to two thousand and eight was a great catastrophe but everything leading up to two thousand and eight is why we're in the economic crunch we still are in today on top of. the president looking to take over a six of the u.s.
economy and health care which further and all the other steps he took from cash for clunkers bailouts of the banks bailouts of the auto industry accent or etc but the size and scope of the federal government in the united states is out of control our debt can't even close to be you know fathom being paid off and the federal government literally is one of the strongest sectors of job growth in the country even with this fiscal picture being what it is but both parties lack a growth message focusing on reforming our entitlements streamlining our tax code and getting back to a fair regulatory environment so that's a simple economic picture going to your point though on the money in the system the horror in the soul of the problem with the federal government at this point in time in our electoral system is not as much lobbyist and other things as everyone wants to bash it is pay to play literally that if somebody would vote and i have yet to
find a congressman that desires to take cap unions and corporations who are banned them from pay to play and the twenty five hundred dollars plate fund raisers that breakfast lunch and dinner that happen every day in this town then we'd have a much different picture but yes that corporate buy and pay to play being able to trade stock on legislation that you're voting for or against same with staffers same with the f.d.a. drug approval i mean it is where it's at of control and there is no cap oversight or can t. . made of it and it's running our system into the ground all right we're going to go to a short break here folks and after that short break we'll continue our discussion on bush and obama stayed with our team. you know legally speaking.
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welcome back to cross talk where all things are considered on peter lavelle true mind you were discussing the presidencies of george w. bush and barack obama. ok also now to go back to you in washington i came across a number of one of these i want to do this program because in the media there's a lot of comparisons because of the poll numbers between barack obama and george
bush and it's been said here barack obama's you keep your health care is compared to bush's iraq. weapons of mass destruction in iraq would you find them equivalent . not necessarily because i think that bush george every bush is someone who was probably more led astray by the neoconservatives in his cabinet he doesn't strike me as the type of sort of evil plot or that a lot of people assumed him to be remembered donald rumsfeld dick cheney those people had been in the government for years before judge george every bush ever was the governor of texas so i would like to say that if you're looking at the two presidents and their statements one about health care the other about iraq george w. bush it was probably based on false intelligence and barack obama he's either an idiot or he definitely lied because there were plenty of briefings that show that there were tons of people who were going to lose their health care plans and the president either did not read the only his own bill or he directly lied to the people of about what was in it so we had to pass the bill to find out what was in
it now we know what was in it and we see that fifty to seventy five percent of people who are in the private insurance markets are going to lose it so i actually do if i had to look at these two presidents in comparison i would say that i wouldn't really choose either one but if you look at the poll numbers you see that no president who is poll numbers have tanked in the second term have made a recovery and that's in contrast to presidents bill clinton and ronald reagan who their second term poll numbers actually went up so i really don't think there's any comparison the united states has been a lot of trouble for the last twenty years and we're going to have to figure out some way out of it that has to do i think with more libertarian policies because the end of the american people are just not going to accept this kind of failure and lies from our commander in chief's anymore ok kimberly i mean we when we heard there from austin is that either barack obama is a liar or ease or maybe both people do come and say that about george w. bush as well but for different reasons. yes i'm not going to do a character judgment on either one of our presidents if only in respect to the
office however i do want to raise the point that. bush did in response to nine eleven which was a terrible tragedy he created the war on terror. the iraq war and this created one point five true added one point five trillion to the debt. over the next ten years just in contingency spending he took the debt and before the war he. budget deficit was about two hundred fifty billion a year and he doubled that to five to six hundred billion a year just on defense spending so again that was a big error and i like to take things from the big picture and look at how does it affect the you know average person that debt as we came into the recession once again. hobbled us from being able to spend and now we're all still in the expansion
phase of this recession that we got over in two thousand and nine but we're still in the expansion phase and we can't quite push to the next level because of constrictive fiscal policy or us staring measures that are coming out of congress right now ok again i'm going to go back to the really one of the go the way rules never like to talk about is the civil liberties track records between the two of these people and you like to talk about how much bush spent on the iraq war but what you don't like to talk about is how obama has said that he was going to close guantanamo bay and he didn't do it so what's the a liar or was he ignorant and let's also talk about the national defense authorization act where barack obama gave the military the power to detain american citizens without a trial what about life liberty and the pursuit of happiness without due process can't really that we can talk about money here all day but what nobody is talking about is what a tyrant barack obama is on civil liberties way worse than george w. bush ever was ok daniel i want to go to daniel first. basically agreeing with
austin is brock obama just a continuation george w. bush a george w. bush because you have to capture the neo-cons you have the security forces you have the military have captured the presidency again that's an empty suit on all of the issues that i just mentioned here because we had torture under george w. bush and it did and now we have drones we have killed listen what i'm getting at is that maybe not to the defamation of either person's character per se on this program daniel but the capture of the presidency itself by these other forces that are never elected by anyone. well your last question and this coincide to each other and that both of these president said vastly different intents george w. bush went through nine eleven which was. just a catastrophe beyond words and did create homeland security to poor been taught them obeyed things like that but that was a thing no excuse of mine it was
a presidency and a country in crisis and had to deal with this catastrophe at this first attack on our soil since pearl harbor compare that to president obama who has just bloomed this federal government at a control every single step he possibly can austin touched on the n.d.a. surveillance on americans and you can't even have a website for them to enroll of this city of obamacare. n.s.a. problem so all over the globe there's just so many patterns and examples time and time again that i think the intent of both of these presidents was very very different on this point but on top of that when you compared the iraq and the. i can't remember the misleading statement of the president always link your insurance you can keep it i think there's there's a very different as well i agree with austin that president bush was misled by some in the intelligence community from all over the world we had italian australian and
african intelligence services all coalescing upon the point that saddam had these weapons but. the comparison being for president obama this is a pattern of misleading statements misleading policy to the american public with no accountability of himself or anyone in his office whether it be health care the i.r.s. benghazi to you know anything that happens there is no capability and it's apparent now if there's a pattern i mean time again fair enough there's a pattern though but under both presidencies and this is what i'm getting at is because we have a presidency that is. what office in the united states is being cannot be shared by these special interests outside and you know it could be health care it could be defense it could be intelligence right it could be finances wall street and this is what i think really gets to the point here is that kimberly i mean the power of the presidency to be able to push through an agenda if you're under capture or in the first place. well i think that president obama right now is under
capture from the tea party republicans in the congress because they came into power in two thousand and ten and in two thousand and eleven he tried to put forward the american jobs act so that we could continue to hire people which i'm getting back to jobs because that's what most people care about especially if you don't have one and what did we get from the tea party republicans let's shut down the government and have the government not pay its debt which was very damaging you know last year we had the fiscal cliff this year we once again shutdown the government this is all the tea party republicans it's something that they say this is we're proud of this is something we need to do. you know no matter what your political persuasion is. an economic perspective let me finish my sentence please those those. measures do not create jobs and that's the most important thing that we need to do right now is create good jobs for most americans austin you want to jump in there. and good
lord i want to jump in here because i just want to come in the way ok kimberly let's talk about this because presidents cannot create jobs ok the government cannot create jobs the only thing that the government can do to create jobs is to get out of the way so if you have an understanding of how economics works the president can do certain things to reduce regulations so that businesses can hire more people but when you look at it from a basic pool imagine yourself you have a swimming pool the government comes along and takes money out of one side of the pool and then walks around the other side of the pool and then dumps money in have you increase the total size of the pool no but that's what government says it does when it taxes us and then spends money to create jobs this is a keynesian fallacy it's totally wrong and the austrian economists have debunked this kim i would urge you to take a look at the nobel prize winner friedrich hayek who talked about the pretense of knowledge that these government officials can actually centrally planned our economy they can't the. more the players try to plan the more difficult planning
becomes for the individuals you've got to understand that basic economic concepts are right we will never were running out of time here i want to ask everyone the same question i want to first go to daniel is brand obama talks now politically. president obama is completely toxic on the campaign trail especially to where both of the senators that are involved a barrel elections on the democratic side of the aisle are running away from him running away from health care and on so many different issues running away from him on surveillance you have bipartisan bills going through on that right now to curb the n.s.a. the n.d.a. whatever issue you can possibly touch at this point in time there is a complete fracturing of his coalition i also don't want to touch real quickly this past debate here that i agree with austin the president congress the federal government does not create jobs in the economy they've removed predictability for
businesses that project five to ten years out with over regulation heavy taxation and all these little good meat cookie cutter jobs programs that are nothing more than a little stimulus here or there for select constituencies that are in involved in pay to play and the house republicans well they may have not strategically done the right thing on the shutdown thank god there they are because we've seen the staines of a supermajority on the other side already with obamacare and v.a. and essay and all these other adverse policies in this country ok can really i want to ask it really is brand obama toxic for the united states and i'm thinking of midterm elections obviously. no not at all i think that when history looks back on this president they'll find that obamacare ranks right up with social security and medicare as something that helps millions of americans actually get preventative care and lower health care costs in the long run ok i'm going to do what you want
to reply did he really there and then is is a brand obama toxic go ahead one minute go ahead you damn right it's toxic that's why these democrats are jumping like rats filling the sinking ship peter because next year there's going to be millions more people whose insurance plans are going to be canceled and you can bet that those democrats especially the ones that are in red states are going to be feeling that sinking ship and making sure that they do everything they can to keep obama's promises because he's not going to be able to do it that's why they're trying to pass legislation in the house in the senate right now that would allow him to keep his promises people will be running away from that president next year and it looks like there's going to be something like ten to twenty million more insurance policies canceled all up for you next year kimberly i'll be really excited to see if you're sitting in that same tune when the midterm elections come around all right we're going on a very interesting note many thanks to my guests in washington and in phoenix and thanks to our viewers for watching us here see you next time and remember cross talk rules.
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look to. the carrot or the stick countries that unite and praising historic deal with iran differ on what led to the landmark agreement with the use of sanctions the main point of contention also that diplomacy opened up a new path toward a world that is more secure so the story says the u.s. fails to appease skeptics at home and some allies abroad as a part of the deal attracts a flurry of criticism in washington and tel aviv. police used tear gas on sounds of protesters in the ukrainian capital kiev as the government breaks away from a trade deal with the e.u. .