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Transcripts For MSNBC PoliticsNation 20120608

there s no excuse for not passing these ideas. we know they can work. if congress decides, despite all that, they aren t going to do anything about this simply because it s an election year, then they should splap to the american people why. the question now is with republicans having to face the voters, will they still dare to block jobs for people who are in this country really struggling? joining me now is congressman sandra levin, democrat from michigan, and jack bernstein, msnbc contributor and the former chief economist for vice president joe biden. congressman, let me start with you. the president talked today about his jobs plan. there s also a highway build that house republicans are blocking. it would create or save 3 million jobs. it passed the senate with bipartisan support. is there any legitimate explanation for republicans in the house just blocking these? none. there s only one explanation. it goes back to what mitch mcconnell said 20 months ago, that th

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Transcripts For MSNBCW MSNBC Live 20120309

survey, there were 400,000 jobs created which includes the self-employed. the broadest measure of unemployment went from 15.1% to 14.9% so that s good news as well. let s talk about the reaction to the news about greece appearing to be closing in on the debt deal. we ve heard this so many times before. how can people expect this to be different and have confidence? well, they got nearly 85% of the private creditors to go along with the deal which means they can force the remaining 15% or so to take the haircut, if you will, on the debt that s owed them. that allows for the european union to give them second round of bailout money that divert that is debt default. the market has been rallying on that for a couple days. the labor market figures, wile they re not prompting a huge rally, today is the third anniversary of the low in the stock market during the depths of the crisis. the s&p has doubled. the dow has doubled. the nasdaq has more than doubled. so the market has be

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Transcripts For MSNBCW PoliticsNation 20120309

1954. from this church, he led the montgomery bus boycott, reshaping the course of history and igniting a movement that changed the world. today, after 54 miles of marching, we reached montgomery. many of us spoke at a rally on the steps of the state capital. the same steps where king stood 47 years ago at the end of his epic march from selma to montgomery. fighting for voting rights and immigrant rights. tonight, we ll have an exclusive interview with dr. king s oldest son about his father s legacy. and the fight to protect the gains of the civil rights movement. we ll also be talking politics. new job numbers. president obama is moving the economy in the right direction, even though republicans can t admit it. plus, southern fried willard. romney suddenly discovers his southern roots on a swing through dixie. now willard says he even likes grits. that s great. but we start tonight with the country still working on the dream. right behind me is the pulpit where dr. martin

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Transcripts For MSNBC PoliticsNation 20120309

marching, we reached montgomery. many of us spoke at a rally on the steps of the state capital. the same steps where king stood 47 years ago at the end of his epic march from selma to montgomery. fighting for voting rights and immigrant rights. tonight, we ll have an exclusive interview with dr. king s oldest son about his father s legacy. and the fight to protect the gains of the civil rights movement. we ll also be talking politics. new job numbers. president obama is moving the economy in the right direction, even though republicans can t admit it. plus, southern fried willard. romney suddenly discovers his southern roots on a swing through dixie. now willard says he even likes grits. that s great. but we start tonight with the country still working on the dream. right behind me is the pulpit where dr. martin luther king first preached his message of hope and brotherhood. and 47 years later, we ve come a long way, but there s still a lot of work to be done. when it comes

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Transcripts For MSNBC MSNBC Live 20120309

appearing to be closing in on the debt deal. we ve heard this so many times before. how can people expect this to be different and have confidence? well, they got nearly 85% of the private creditors to go along with the deal which means they can force the remaining 15% or so to take the haircut, if you will, on the debt that s owed them. that allows for the european union to give them second round of bailout money that divert that is debt default. the market has been rallying on that for a couple days. the labor market figures, wile they re not prompting a huge rally, today is the third anniversary of the low in the stock market during the depths of the crisis. the s&p has doubled. the dow has doubled. the nasdaq has more than doubled. so the market has been anticipating this improvement in the economy all along, and today it s showing, you know, continued appreciation of where we are relative to where we could have been. let s show the markets, if we can. green arrows ac

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