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All the President's Men

Title:

All the President's Men

Published: Tue, 25 Aug 2009

Description: Who's really pulling the strings in Washington?

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Automatically Generated Transcript (may not be 100% accurate)

" Last night we broke all kinds of records for ratings. And I thank you for that I thank you for waking your friends up and please. Please. There is a reason. -- Everybody on the left is coming after this program there's a reason for it if we were wrong and we were completely made in -- just keep going brother. That's a special program this week invite a friend to watch DVR the -- save them. Write them -- we're asking tough questions. Because when you look at one new story after another. Things just don't make sense how can we spend our way out of debt why are we -- into everything why -- our politicians bother to read the bills. John Conyers said something outrageous but it makes sense when you put it in the context of what you're beginning to learn this week and -- by the end of the week. I hope you're getting this message watch what he said."

" I love these members to get up and say we need to -- Well what good is reading the bill if it's a thousand pages and then you don't have. Two days and two lawyers. To find out what it means after you read the bill."

" so he thinks it's reasonable to not read the bill it doesn't make sense in lets you understand the context I think it's reasonable to read the bill. But let me ask you this if you -- suggests you know it you're gonna go out to eat at someplace you've never heard of you go. Because you trust her. Congress is not being irresponsible. This is a sign that he trusts whoever put the bill together. You don't because you've seen the ramifications. Of what's going on in Washington more importantly. Intel this week you probably didn't know who's actually writing these bills. This week you're getting a little closer to the truth. Who is it that those in Washington are trusting. It's not -- they think you're crazy they wanna put two and a watch list. Maybe you'll end up trusting who's putting these bills together as well and that's fine I don't you may. But we deserve to know especially because we didn't vote for these people whoever is pulling the strings are writing the bills who -- Well. Take a look."

" To get through this government's need to act. Great obligation responsibility for governments to act to solve these things the market will not solve this and the greater risk for us as we do too little not to -- too much."

" if you feel free market still need your phone. But the vikings still afraid of former president was referenced about him that he save capitalism from the capital."

" I'm gonna win the Nobel prize that I think I can finally prove."

" That Ronald Reagan is wrong. George Bush is wrong how well does not trickle down. It trickles up and guess what this never will be all about this liberal will be all about socializing. Would be about."

" Basically. Taking over. And the government running all of your companies."

" I think we had quite enough capitalism in the last eight years I think we need some regulation now."

" Looking for speech this. A fact that. International documents thinking about human rights -- constitutions all over the world. Roosevelt's second you know right speech yeah. Towers I think about yeah. Pulled."

" irresponsibility. Took -- from Wall Street to Washington to main street. And regulatory regime basically crafted in the wake of a twentieth century economic crisis the Great Depression. -- was overwhelmed by the speed scope and sophistication of a 21 century. Global economy so today my administration is proposing a sweeping overhaul of the financial regulatory system. A transformational on a scale not seen since the reforms but followed. The Great Depression."

" Okay elaborate the --"

" Down with capitalism. By the way as a former partner the guy who runs the Apollo alliance the guy who helped write the stimulus bill. Former economic adviser to President Reagan art Laffer is here and senior economic writer for The Wall Street Journal Stephen Moore they are both authors of the book the end of prosperity. Guys I I wanna stick to. Who these people are and I'm gonna give -- a few words of some of them and then you tell me what it means. This is from the science -- John Holdren. The need for -- development presents our economists with a major challenge. They must design a stable low consumption economy in which there is much more equitable distribution of wealth than in the present one. Distribution of wealth from both -- in -- among nations. With in -- and among nations is absolutely essential -- decent decent life is to be provided for every human being Stephen you won't take that."

" Does not too surprising that we're not creating wealth and we're not creating jobs when mr. Obama's advisers are against wealth than creating jobs and -- And this is clearly anti capitalist but it's also. Anti jobs attempt to -- that Jeff -- prosperity and he this is a guy who wrote a book back in the 1960s with Paul Ehrlich and now an -- like they were the that. Authors of the population bomb the -- throughout the whole world was coming to when."

" Right. Art help me out on this one this is from casts -- thank you. Without taxes there would be no liberty without taxes there'd be no property without taxes few of -- would have any assets worth defending. It is a dim -- that some people enjoy an exercise their rights without placing any burden whatsoever on the public. -- There is no liberty without dependency that is why we should celebrate. Tax day."

" What does that mean I don't really know how to take that that that's what -- that haven't we all know there's a need for taxes to raise the revenues of the government have to do. But the question is we should try to minimize the damage the taxes do. We should raise the -- revenue is doing the least possible damage to the economy not -- taxes taxes are necessary evil at times -- But they are not something that we should praise and we should what -- it for I think that here's what what is raising cancer because it. He -- he here's what I'm asking both of you. Brian -- is a guy who. Is. It according to the New York Times -- knows nothing about the automobile industry help redesign. What we're doing hall. It --"

" General Motors and Chrysler etc. it's a trip and Nancy Pelosi and Nancy Pelosi and he is that he is not a capitalists. -- is it that. We find ourselves with the president surrounding himself with people who are not capitalist as best statistical -- that's an easy. Question answer because the president doesn't believe in capitalism himself. I mean he's made this very clear. The people he surrounded himself share his belief system it is anti capitalist I would also describe it -- harper would agree with me on this. But -- he gets it radical redistribution that some. -- to rob Peter to pay Paul."

" what is the question that America needs to ask to get that -- to -- The president down he is either -- capitalist or he is not. They use all this language and and -- personally what we're doing this week is taking the president in his own words you wanna know what I believe look at the people I surround myself with. Well Stephen you handle these people. So but so are what should we ask."

" Well I mean the question here is that he clearly. Doesn't believe in the system we have is we have it. His proposals demonstrate that very clearly his health care proposal we all know we want the single Payer. Anyone -- why he wants that to -- the government OK we all understand that he doesn't think up consumers control prices OK I mean eat eat doesn't -- many things we should do."

" And let less with a lot that we know are wrong."

" Are -- did hang on America it. Please give me another thirty minutes tonight I'm gonna show you some how much -- himself but I think it's just downright spooky."

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me it's not about on its simple take her read. Barney Frank Chris Dodd in the bunch and simply didn't John Conyers can get up and say these -- the people who run the country all.