talking about with chuck. we will talk about that in one second. i m just going to get a frustration out there. when you twitter you get 140 charities. every time i read tweet, the national debt clock, which i do. that s bush s fault, right? every time i criticize republicans for the big spending, it s obama s fault. i mean, partisan republicans and democrats, if i can just say it, are such idiots because they think that if they just blame the other side, that it makes everything okay and we can keep spending more and more into debt. they are fools. i m sorry. you are fools if you think by blaming the other party is going to somehow erase this problem with the fact that we are going to bankrupt as a nation. was it george bush s fault some yes, it was. is it barack obama s fault? yes, it is. did barack obama have to spend more money the first couple of
is growing concern within the congressional oversight panel. we will bring in liz wedge warren for details on that. keep it here on morning joe, brewed by starbucks. [ deb ] people don t just come to ge capital for money. they come to us for help. at ge capital, we ve been financing taylor guitars
you have 15 seconds. if the government doesn t hold up its responsibility to represent human beings in opposition to machines effectively that are designed to make money, it chews up the people and makes lots of money. teddy roosevelt got this a hundred years ago and bp gets it today, whether they dump oil in the gulf or trade for prisoners. look at the bankers use of our own government to this day. the problem is obvious. thank you, thank you. look at the financial regulation. political ramifications to this. yes. obviously, bp was put in charge of this spill. yeah. for the first four weeks. yeah. by the president. and the administration. they deferred to bp. if bp turns out to be the enablers of a terrorist and helps bring a terrorist, seems this is bad and profited it from it. $20 billion. this is bad news for everybody in washington, isn t it? yeah. i think it s been bad news for a
there it is. the money is pouring out on one hand and on the other hand, it s a jobless recovery. the omb department should be the omg department. you sit there, the king, holy cow every two seconds with these zeros. you say just going up and up and up like a vending machine. look at the numbers that reflect what tina said. bloomberg poll, 70% believe unemployment should be the government s first priority. just out. 28% say the budget deficit and 2% unsure. at some point, the top two numbers are connected. it s the combination that is lethal. for people, i think people, if the economy was booming and people were unemployment rate was 4%, they would be like whatever. what is devastating for democrats is the republicans will say, look. we ve had this spending and huge deficit and huge debt and what have we gotten for it? what we still have is unemployment near 10% and slow
washington to ronald reagan. staggering numbers and it just continues in the out years. yes. i mean, if we spend more money than we have and we have an economic system that is designed to take to accumulate the benefits of the technological do you re? i do care because the deficit is a reflection how out of balance is our economy is. as if you were measuring the emotional or psychological state. we are so out of whack. we have the imf say we might be greece in five years. imf will tell you you will be greece. we are never going to be greece. we have a incredibly robust and diverse and incredibly wealthy economy. we are not greece. greece has a much narrower economy and much more dependent. will we have mathematically a problem that may look like greece to some people? of course. we have borrowed more money and owe money we don t have.