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Detailed text transcripts for TV channel - MSNBC - 20110801:20:23:00

very large corporations. the tea party would argue, maybe in effect that s what s happening in the sense you re arguing what they re doing is advancing those policies that benefit those institutions, but do you believe that people that have joined up with that tea party, in their minds, hard for any of us to know i suppose, it s to me, the people angry at an unjust system aened don t know what to do about that so they want to shut it down, which is like burning yourself in the town square to solve a problem. i would agree with you. look, the degree that you have working class people. give you an example. a poll came out a few months ago and asked people sympathetic to the tee party, do you want to cut medicare and medicaid? overwhelmingly, they said, no. the tea party is a manifestation of the extreme anger and frustration that working class people are seeing in this country. and what people are seeing, my job is gone to china. i can t afford to send my kid to

Detailed text transcripts for TV channel - MSNBC - 20110801:20:08:00

i look at this deal and here s what i see and then i ll let you go. i see a republican leadership or group that got enough of what they want, which is cuts without revenue, without taxes, that it looks. for them politically. i see a president who got what, was the only thing that mattered to him, the ability to kick the can down the road on this conversation past 2012. so the president gets what ewants. i don t have to deal with this again. the republicans get what they want. look at the cuts i got, and american prosperity gets, you know, the finger. well, don t forget, a lot of the democrats have the chance to have some pretty substantial cuts in defense. so you know, everyone s annoyed by the deal but everyone got something. everybody except for america. well, that s isn t that ultimately what we need to be focusing on? is how do we start dealing with this debt curve while at the same time finding a way to get this economy to expand? absolutely. i would flip it and say,

Detailed text transcripts for TV channel - MSNBC - 20110801:20:56:00

a little daily rant and keli goff here to offer it up. hey, dylan. people end up going into politics or media because they can t do math including yours truly. but over the last week or so my joke hasn t seemed like a laughing matter. in fact, last week on this show when both senator reid and speaker boehner s cuts didn t add up by the congress budget office, dylan asked the question, are these two guys smarter than a fifth grader? much of the ceiling debate focused on the political positions, there appears to be one thing that helped americans agree on. we can all agree many of our elected officials know a lot less an finance and economics than those responsible for the financial future of an entire country should. more terrifying, many appear to know less about such matters than most of us to. i previously discussed on this very show hypocrisy of elected officials with their own financial woes lecturing the rest of us on fiscal responsibility.

Detailed text transcripts for TV channel - MSNBC - 20110801:20:13:00

taxes. it s just the fact of the matter, prosperity, i agree with dylan. prosperity is the only way that we reduce the deficit and prosperity involve ace lining the profit motive with things that are productive and make us more prosperous. when government gets involved, republicans or democrats, they align politically favors, solar panels today or drilling in particular parts of the gulf tomorrow. when the free market s involved you get rich by providing people what they want. people don t have the money for what they want. another issue. before you get in, another issue. i agree with what tim just said. however, where i believe that philosophy is mortally compromised is by virtue of the fact the free market is in fact a manipulated market because industry influences government to alter price, alter market structure, alter available choices. and in an idealized world ai

Detailed text transcripts for TV channel - MSNBC - 20110801:20:28:00

going to cut medicare or the trig sir going to get released and 2% of cuts will happen and every republican who doesn t vote for this bill right now and that s why boehner is having a problem with it. shwychers and the others. because every republican that doesn t vote will claim their democratic opponent voted to cut medicare. basically, to your point, want to make your point one more time? we are playing politics. not pursuing a prosperity agenda. we can do better and this show is the very small, tiny beginning of a portion of that. i m grateful to have you here helping me. stick around. coming up, the boiling point. how do we translate being natural, unavoidable outrage around injustice in america that you see in the tea party and elsewhere? into real creative prosperous change for america? after this. e the best toffee in the world.

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