Whatsoever on the first 250,000 of everybodys income. We should not hold the middle class hostage while we debate tax cuts for the wealthy. We should at least do what we agree on, and thats to keep the middle class taxes low. Eliot the president also emphasized what he would not do a sending time to make a tax deal with house republicans. Obama what im not going to do is to extend bush tax cuts for the wealthiest 2 that we cant afford and according to economists, will have the least positive impact on our economy. Eliot mr. Obama also waded into the scandal that saw general David Petraeus step down as director of the c. I. A. He offered assurances that damage from petraeus affair was at least so far confined to the general and his family, and offered some words of support. Obama i have no evidence at this point from what ive seen that classified information was disclosed that in any way would have had a negative impact on our National Security. I want to emphasize that from my perspective, at least he has provided this country an extraordinary service. We are safer because of the work that Dave Petraeus has done. Eliot and the president had nothing but praise for the quote, exemplary work of u. N. Ambassador susan rice, a possible frontrunner to be the next secretary of state. Republican senators john mccain and Lindsey Graham have called rice unthus worthy and unqualified for a promotion for her comments that an antimuslim video triggered the benghazi attack that skilled four americans. President obama insisted the ambassador was simply making a presentation based on the available intelligence and had tough words for the senators. When they go after the u. N. Ambassador apparently because they think shes an easy target, then theyve got a problem with me. And should i choose, if i think that she would be the best person to serve america in the capacity at the state department department, then i will nominate here. Eliot much more on that a little later in the program. The president also reached out to the g. O. P. On Immigration Reform and offered an idea that he would like to see from congress. Obama whatever process we have needs to make sure that border securitys strong, needs to deal with employers effectively, needs to provide a pathway for the undocumented here needs to deal with the dream act kids and i think thats something we can get done. Eliot and mr. Obama commented on an issue he doesnt expect congress to take up any time soon. Obama i am a Firm Believer that Climate Change is real, that it is impacted by Human Behavior and Carbon Emissions as a consequence i think we have an obligation to further generations to do something about it. Eliot but with jobs and the economy his top priority addressing Climate Change will just have to wait. Joining us now, the host of full full court press and author of toxic talk. Thank you for joining us. Thank you for having me. Eliot the president extending an olive branch to the republicans on fiscal issues saying lets talk, negotiate yet when the issues of benghazi and susan rice came up, a firmer tone dont tread on me nature to his approach to the other party. How did it strike you when you were there. Well, i would say even on the tax cuts the president did extend the off little brunch but he showed a backbone of steel when he said, look, im not no way will i extend the bush tax cut for the very wealthy and no way do i think we can get there by closing loopholes alone making it very clear, i think that he wont except anything unless those tax rates go up. Ill tell what you the buzz was with the press corp, man, this guy was on fire today. He showedhe was a man who thinkswho won an election, who knows it. Thinks he has a mandate and came in really ready for business. It was a much tougher firmer, stronger obama than weve seen. Thats what the media was buzzing about. Eliot i can tell you reelection does something to ones psyche. You think about it. Being elected you have a challenge ahead of you youre wondering can you do it. When youre reelectioned, its affirmation emotionally and the president is going to stand firm, which youve been calling on your show and those who share a worldview. Eliot youve been calling for it too. I noticed the president said, look, the American People knew what was at stake, and they voted. He made that point twice. He drove it home. Eliot he is framing the election precisely as a referendum on the bush tax cut saying this is what the voter was thinking about. You know who won. We are not moving to the Republican Party. Hes saying, guys, you have a bill in front of you that will save the tax cuts for the middle income, act on it. I dont know how much this came across. I was in the room, i didnt watch it on television. If there was any doubt who was in charge, at the end of the news conference. He said he was taking ten questions, this was the last one. Then the reporter of msnbc called out a question. He got a booing voice but the president listened very politely and said, if you think im going to answer your question because you shouted it out youre wrong and he walked out. Eliot hes asserting a new vigor and dominance. Its very good. Thats exactly what we want. We have to wait and see what happens. Certainly on the fiscal issues hes being tough. The benghazi issue keeps recurring. You have john mccain saying they want to do an investigation. That the republicans knew of the counter assault, it seems so petty and small but they seem stuck on it. Two things. Joe biden said this in his debate with paul ryan, and im glad he made this point normally when were attacked by terrorists and we were attacked by a terrorist group on our soil in libya the country pull together behind the president and says we were attacked. We want to find out who did it, and we want to get them. Instead the republicans have exploited this from day one from hour one which is really disgusting. They think this is obamas achilles heel. They targeted susan rice of all people. Susan rice, i believe, as ambassador to the u. N. She testified in front of the house Intelligence Group she testified at their request. She read the intelligence result of the intelligence report. They requested and what our intelligence people in libya told us, told the congress, told the white house, and now theyre trying to make her responsible for what happened. I have never seen the president that fiery. Its outrageous to pick on susan rice. If you got a beef, come after me. Dont go after her. Eliot thats two things converging. They know the underlying logic as you laid out ridiculous. Its deceptive and crazy. Its also a superior officer. Hes the commander in chief and hes standing up for his subordinate and saying how dare you pick on someone in my rank. You pick on me. Im not going to let you bully anybody. You know there is an end of this story coming. That is when they find out who did it and where they are, there is going to be a drone strike like weve never seen before. If there is any doubt that president obama means what he says when he says well find you, come after you ask osama bin laden. Eliot as crazy as it is, there is a linkage back to the petraeus mess where some republicans are saying that the reason that they held this over petraeus head was to keep him from testifying about benghazi. Wild and insane conspiracy theories that only some lunatic would subscribe to. Theyre jumpingsome people are trying to jump there. What under cuts the petraeus link is that the white house did notwas not informed until after the election about petraeus. I think they should have been informed but they were not. Neither were the leaders of congress. Yet eric cantor was. Why would a rogue fbi agent go to eric and then eric cantor . If no politics was involved. Eliot i think you answered your own question. Hes a rogue agent and not doing what he was supposed to do. It was a memorable moment in the east room. The president hes really strong. Eliot were glad you were there. Bill press host of full court press on current tv and author of toxic cut. Thanks for yanging me. I am im joining by brian beul beutler. Andand the the austerity bomb. What are the bids over the fiscal cliff. The president firm saying we will raise taxes on the wealthy. Whatever the thresh old ends up being. The republicans are mushy on this. Where do you see the two parties now and how do you see a possibility of a compromise . I think theyre still really far part. I think a lot of republicans know they have to give the president revenue, and it has to be to the tune of what he asks for. 1 trilliondollar to 1. 5 trillion. They want the money to come into the treasury without raising tax rates. To do that they would have to target credits exemptions, deductions for wealthy people. Thats hard to do that without hitting middle class workers and obama is not willing to do oh there. If a taxpayer makes less than 250,000, obama is not going to do it. He says you better find a way to make that math work, accept higher rates or well let these expire and well work backwards. Well start cutting middle class tax cuts from there on january 2nd. Eliot you have honed in on the nub of the controversy. The president said were raising marginal rates and the republicans say well get there by closing loopholes. There is a philosophical fundamental divide. Someone has to give, and until now the republicans have not articulated which loopholes they would close and obama has suggested an intriguing idea to cap the magnitude of the deductions anyone could take which would raise from the wealthy. If you cap the amount of deductions any one person could take. Does thatction as a middle ground . We havent really heard. I think a lot of conservative policies wonks hope this is the sort of thing that Speaker Boehner will glom on to, and that obama will say look, its not my preferred way to get 1 trillion from wealthy americans but it does get me there. It doesnt have a huge impact on the middle class and can avoid a big fight and gives up on the rate increases. I dont think obama is going to give up on the rate increases that easily because they have been so central to hisboth of his political campaigns as president even though you know at the end of the day he would end up at the same revenue baseline that hes looking for. It would appear to his base hes supporters like a pretty big cave. Eliot i think youre right. After the strength of his commentary and since the election where increasing rates has become the mantra, the line in the sand that people expect him to toe and stay very strict on. Anything that backs off from that would require extensive preparation and conversation with his base. Im not sure hes preparing the base for that right now. Added to what were talking about right here is economics. Everyone is terrified that were going to increase taxes and cut spending, which would expect the economy. And the republicans are saying, they were right. We have to spend more and make sure that taxes dont go up. Is canes yen . How we heard we need to cut the deficit like the prime Congress Prime directive to cut the deficit. Eric cantor, cut the deficit and well grow the economy. Now suddenly theyre confronted with actual contraction and they are aware there is this bomb and their many job is to diffuse it or at least to limit the explosion when it goes off. Theyre scrambling to do that, but theyre tied down to ideological core beliefs and thus unable to do that. Eliot what is going on right now, were opting and rightly so for jobs over deficit reduction. If all we cared about was deficit reduction then people would let the austerity bomb and the fiscal cliff, we would go over it. Fine, were reducing the deficit, who cares. But the republicans are acknowledging that jobs manage more and thats why we have to change our policies. Does that seem to be what is going on here. Thats true across the board. But i think just as much as republicans are concerned about the jobs that would be lost if all the spending cuts and tax increases happen is that a lot of spending cuts come from their sacred cows in the defense industry, and about 1 trilliondollar worth of new revenue would come from upper income americans. And theyre very ideologically sold on the view that those are the tax rates that you need to keep as low as possible. So for those two reasons theyre having a hard timehard time making deals with democrats to avoid the rest of the austerity that would cripple the normal economy. Eliot in ten seconds explained to me the austerity bomb. Paul krugman has give you a huge boost. Well explain it several times. Explain what the austerity bomb is. Its the expiration of the bush tax cuts and the deal from last august. Unlike a cliff which you fall over and you fall to your death there is no climbing back up, an austerity bomb can be diffused or mitigated and thats sort of what congress is trying to do now. Theyre not slowing the drive towards the cliff. Theyre trying to defuse a bomb. Eliot i love the metaphor. Brian beutler many thanks for your time tonight. From the fiscal to the foreign. Education is the key. It is the vehicle. Its the way in which we evolve. Every journey is different every possibility is unique. But the beginning, the beginning is my craft. Im an ordinary person striving to achieve extraordinary things. It started with a dream and im on my way there. Eliot as part of our ongoing series current feeding the needs lets not forget americas stubborn weight problem which brings us to the number of the day, 35. 7. Thats the percentage of u. S. Adults who are not just overweight but obese. The figure comes from the most recent National Health and Nutrition Examination sur survey in 2010. With you heard plenty of medical reasons for this but there is also a political correlation. Look at states where the total obesity levels were above 30 last year. Aside from michigan, every single one of them voted for mitt romney last week, by a safe margin. These are solid red states like indiana, west virginia, oklahoma louisiana, and far and away the heaviest of all mississippi. If the election were just held among the fattest least Healthy Places in america, mitt romney would be going into the white house, with a mandate. On the other hand, look at the states with obesity levels under 25 . Out of 11 states all but three went for obama. Does this mean voting republican is fattening . Well probably not, but we can say one thing for sure. The states that voted for obama generally seem to know whats good for them. Mix. Now its your turn at the only online forum with a direct line to eliot spitzer. Join the debate now. Eliot without question the most talked about moment from president obamas press conference was his full throated defense of the u. N. Ambassador susan rice who had been attacked from the right specific specifically senators john mccain and Lindsay Graham over comments about the benghazi attack. Obama for them to go after the u. N. Ambassador, who had nothing to do with benghazi, and was simply making a presentation based on intelligence that she had received, and to besmirch her reputation is outrageous. When they go after the u. N. Ambassador apparently because they think shes an easy target, then theyve got a problem with me. Eliot an hour after the president s comments mccain and graham were on the senate floor doubling down on their call for investigation into rices comments. This president and this administration has either been guilty of colossal incompetence or engageed in cover up, and if someone carried a message to the American People that was totally and utterly false with no basis in fact, then that person has to be held accountable as well. For more on the president s defense of susan rice as well recent escalation in the middle east is marc ginsberg. Thank you for your insights into this. What is going on with this back and forth about susan rice . There has got to be a back story. Sure there is. I dont want to present to be a psychologist when it comes to senators mccain and graham, but heres what is going on. These two gentlemen these two senators who i know and have Great Respect for were deeply involved with libya from the get go. From the time of the gadhafi revolt. Came very close to ambassador christopher stevens, theyre taking out on susan ricewho doesnt deserve this from them. Shes a perfectly fine, terrific individual. She was only doing what she was instructed to do by the director of White House Communications who decides along with the National Security adviser who is going to go out on all the sunday talk shows. This is what she was told. What is really behind this, this is my judgmentboth senators mccain and Lindsay Graham are upset that the state department dropped the ball on ambassador stevens, who they were really fond up. Eliot in that case direct their venom to the correct party. I couldnt agree more. Eliot it seems odd to turn this into a larger kerfuffle the president will win and distracting from the real issues were facing now. Have you ever heard the phrase dont shoot the the messenger. She was the messenger. If they want to go after son the communications director, the person who provided her that information. Most importantly go after the senior officials in the state department who denied the repeated request for the Security Officer to provide the necessary protection to ambassador stevens which i suspect is behind the ire of the senators right now. They should come out and say that. I would urge them to rethink who their real targets should be. Eliot misdirected anger maybe because the republicans had cut the budget for security. I dont know. Well, there is security here. There is always security where there is a threat. But we know from the testimony before congress issas Sub Committee that the officer in front of the very officials who denied him the security requests blamed the Security Department for denying the security that ambassador stevens wanted. Im sure they are just as upset about it as i am. Eliot lets switch gears to where there is a continuing cycle and degradation of life in syria. You have spoken about this passionately. Its getting worse and worse. 400,000 refugees. Its going across the borders of turkey jordan, israel. Whats happening now. There was an agreement reached by the Syrian Opposition to form this new National Council led by a former Islamist Imam from syria. Whether he can hold this together remains to be seen. This is a legitment government. He needs arms. He needs no fly zones. Unless he gets these. They have the means to pummel the people of syria. Eliot is now to step in to provide arms. I take the pronoun we and apply it to the turks on the one hand and the jordannens on the other. Let them have the support that they need, whether from the United States or elsewhere, for them to do what is necessary to create those no fly zones. For the state department to stop acting from mrs. Clinton or the u. S. Government to stop acting and kicking and screaming and supporting the french. If the french want to do this as the former colonial power the state department should stop them from doing so. Eliot why are we so passive. Were afraid were going to be drawn into a conflict that will wind up underminingif there is a doctrine in the middle east, it is the president s doctrine which is no more wars. Eliot isnt this a great threat that if this war explodes and crosses over and destabilized turkey, jordan, this is a cancer that is metastasizing. We have dropped the ball on syria for a year and a half. Ive been complaining for a year and a half that this administration has failed to rectangle recognize the colossal enormity of in this for a year and a half. The fact that now theyre getting the message and being more actively involved on a humanitarian basis and involving themselves in a serious matter to form a Better Coalition better late than never is my answer. Eliot the strike to take out the hamas leader, is this related to syria . Was this a longplanned strike. There has been escalation of firing from gaza. Taking out the Wing Commander of hamas he has blood on his hands. There is an enormous amount of rockets, inappropriately illegally being fired by hamas into israel. Israel has the right to retailate. They need to retaliate and they need to punish hamas until they stop firing indiscriminately into israel. Eliot is this going to be all right you got our guy. Were going to stop. Game over. Actually what im afraid of, this could escalate. But i dont think it will lead to a 2008 war. Eliot not a big encroachment. The israels have an election coming up and netanyahu could very well be in danger electorally if he doesnt take a strong stand because there are so many people in israel who are being subjected to rocket attacks that the israels must respond. Eliot we have to leave it there. Marc ginsberg, expert on all things middle eastern. We have viewfinder next. 15 succeeded in setting their houses on fire. At christmas, there was a lot of driving over the river and through the woods. 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Its the card for people who like more cash. 50 more spy stuff. Whats in your wallet . This car is too small. Eliot still to come, wall street turned its back on obama. Will he finally turn his back on them . But first limbaugh knows who to blame for the election. Colbert looks ahead to 2016 and one guy is really hoping for a rubio ryan ticket in the future. When it doesnt fit anywhere else, we put it in the viewfinder. Were all americans. Lets unite. Lets be as one. Its not a time to gloatyeah ana coulter. This one is for you baby. Election was lost because of your host, rush limbaugh. I am the primary reasonthere are others but im the primary reason, and im by the way the primary reason the Republican Party will keep losing. We now live in a dishonest culture. The media is corrupt. It has done things it could never have gotten away with even ten years ago. There are entire media that promote, and it will get worse. I brief with the predictable results of socialism that america will come calling for conservative answers. Thats my prediction. We can finally take a breather. Just relax with a nice soothing cup of and just let it all do you think its too early to talk about 2016 . We dont think so. The g. O. P. Candidates for 2016. Some experts say a frontrunner has already emerged in the form of a shrinking rage. I hope that i see for a few mothermore years. I hear rubio and ryan are ryaning for 2016. Is it too soon to speculate as to who spear might pick as running mate. I cant see them take anything. The billionaire fight. We just had it. Its called the election. Yes. Eliot even Newt Gringrich can be funny sometimes. Now that hes entered a second term. Will president obama finally at long last clean up wall street . Thats next on viewpoint. Just put a little bit of yourself in everything you do [ female announcer ] add your own ingredients to hamburger helper for a fresh take on a quick, delicious meal. Its one box with hundreds of possibilities. [ woman ] ring. Ring. Progresso. In what world do potatoes, bacon and cheese add up to 100 calories . Your world. [ whispers ] real bacon. Creamy cheese. 100 calories. [ chef ] maam [ male announcer ] progresso. You gotta taste this soup. Eliot the themes of president obamas 2008 campaign were hope and change. We were hoping that this president , he would change the culture of wall street. To a large extent we were disappointed. As bill cohan wrote this week, i quote, it turned out we were either naive or stupid to think that when candidate obama spoke about change you can believe in, he was including wall street. Here to discuss whether were still being my weve or stupid to think things will be different is bill cohan former Investment Banker and author of money and power how Goldman Sachs came to rule the world. Eliot are it change the world. Eight of the largest donors to obama were wall street firms. They dont like it but he was incredibly kind to them. He bailed them out. He didnt prosecutor anyone. Dodd frank is not the regulation that we hoped it would be. And the fed, which he has a responsibility for, has give them a gift of low Interest Rates and favors. If you sum that up, the four years has been incredible for wall street. The market has gone to 15,000. Eliot the factor and the issue that you raised that few people focus on, Interest Rates. That is an enormous wealth transfer which means the middle class and seniors to financial institutions. The feds are saying for the next two years were going to keep the from rates low and you can take it and get 1. 00 on the dollar. Eliot you can borrow, buy t bills, make easy money. Financial institutions play that game. Savers who get zero in their checking accounts are losing. Thats right. Absolutely nothing. Cenk what are they upset about . You know what, i dont know. But this go around where they have romney who was literally one of their own, the first wall street guy to be elected president , fortunately, it didnt happen. But the top eight of his donors are all wall street twice. Eliot will he go to wall street for his wall street treasure secretary and who do you think he should pick. The time has comeim sorry obama was dominateed by bob reuben and his cronies and who he wanted to put in, tim geithner summers, is shapiro. Orzag even now you have the head of the National Economic council someone that reuben, broman and jack lou who is now being talked about as replacement for geithner. Sweep them all out. Sweep them all out. Bring in somebody in my opinion like irskn bowles, why . Its sylvester not to have someone who understand wall street for starters. And he does understand wall street. He has his own Investment Bank in south carolina. He sold it and then went left and ran the university of North Carolina system. Now he is of course the architect of the irskin bowlessimpson eliot he understand it but hes not of it. He understand it, hes not of it. It would send such a powerful signal to wall street. Eliot here is the most fundamental intellectual divide. Folks at wall street that the Financial Sector was the economy. They thought what they did the intermediation moving money around created wealth. They were wrong. All theyre supposed to do is take savings and lend it to people who create wealth. If you dont depreciate that, then youre going to be sucked into the same vortex of the mistakes theyve made before. Thats why you need someone like irskin bowles, but you have to allow wall street to take risks with their own money. With their own money. Not our money. If they fail, let them fail. Forget too big to fail. Well recover. Well be fine. Eliot what about paul krugman. I knew a lot of people view him as a rabid academic. But when i read his stuff he has been write more than anybody else in terms of diagnosing the economic crisis over the last eight, ten years. The only problem i have with paul krugman. Once, i dont think he understands wall street. Its hard to have someone in the secretary treasury job. You understand wall street. You would be a good candidate. I think hes long on how far out he is on canessan economics. At some point you have to start to reduce the deficits. Eliot i dont want to get in debate whether paul was right or wrong, but if you put him in as adviser which is more of an academic position. Reinhardt, paul crew man and you. You at least understand where the bodies are buried. Eliot all i know how to do is serve subpoenas and its amazing what comes back when you get the data from wall street. Do you think the president will do this or will we see a traditional name. I think it will be jack lou. Eliot 80 that hell be chosen. Thats typical bill cohan completely out of the mainstream but i think it would be an Important Message to sweep out the reubenites. Eliot a huge part of the population agrees with you. Lets hope youre right. Bill cohan, thank you for your time and insights. A decorateed chef and Restaurant Owner working to solve the hunger problem right here in new york city. The next report currently feeding the need is ahead on you viewpoint. But first foremost im a new dad. We at current tv are very aware of recent studies suggesting that poor diet during the first 1,000 days of human life can cause irreparable harm to our brains and our bodies. Thats why current has partnered with 1,000 days to help spread the word combat a problem that ultimately effects all of us. To see how you can help go to current dot com. Brought to you by basf. The chemical company. Just put a little bit of yourself in everything you do [ female announcer ] add your own ingredients to hamburger helper for a fresh take on a quick, delicious meal. Its one box with hundreds of possibilities. [ male announcer ] with over 50 delicious choices of green giant vegetables its easy to eat like a giant. And feel like a green giant. Ho ho ho green giant but when joint pain and stiffness from Psoriatic Arthritis hit even the smallest things became difficult. I finally understood what serious joint pain is like. I talked to my rheumatologist and he prescribed enbrel. Enbrel can help relieve pain, stiffness, and stop joint damage. Because enbrel, etanercept suppresses your immune system, it may lower your ability to fight infections. Serious, sometimes fatal events including infections tuberculosis lymphoma, other cancers, and nervous system and Blood Disorders have occurred. Before starting enbrel your doctor should test you for tuberculosis and discuss whether youve been to a region where certain fungal infections are common. Dont start enbrel if you have an infection like the flu. Tell your doctor if youre prone to infections, have cuts or sores have had hepatitis b have been treated for heart failure, or if, while on enbrel, you experience persistent fever, bruising, bleeding, or paleness. [ phil ] get back to the things that matter most. Ask your rheumatologist if enbrel is right for you. [ doctor ] enbrel, the number one biologic medicine prescribed by rheumatologists. Eliot john boehner may refuse to raise taxes on the rich, but others sound a bit more reasonable, including of all people the ceo of Goldman Sachs. Thats head. But im im lets join Jennifer Granholm for an up indepth report on Schools Meals and more about benghazi and the petraeus scandal. Thats at 10 00 p. M. In the war room. But for now more viewpoint is coming up. vo she gets the comedians laughing and the thinkers thinking. Ok, so theres wiggle room in the ten commandments, thats what youre saying. vo shes joy behar. Current will let me say anything. nncucurrenttv