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CNNW CNN Newsroom April 1, 2012

sergeant. his children were so glad to see him just a few months ago. hello, everyone. it s the top of the hour. i m don lemon. thank you for joining us. we re going to begin tonight with the rescue of an international yacht racing team hundreds of miles off the california coast. the crew is competing in the clipper around the world race. it s like the tv show survivor except on the high seas. everyday people, cab drivers, teachers, bankers, compete against other teams circling the globe. and they chronicle their journey, as this video shows. now in the final leg of the 4500-mile race, they hit a monster wave and took out the communications equipment and injured three of its group, including these two members. now the coast guard has a cutter close enough to launch a helicopter. they re about 40 miles off the coast of sapphire but tn franci weather is getting in the way here. joining me on the phone is petty officer caleb critchfield. thank you for joining me. has t ....

Dennis Weichel , U S , Don Lemon , Cab Drivers , Yacht Racing , Tv Show , Team Hundreds , High Seas , California Coast , Video Shows , Monster Wave , Communications Equipment , Coast Guard , Caleb Critchfield , Tn Franci , Rescue Center , United Kingdom , Cad Report , Mh 60 Jayhawk Helicopter , Crew Members , Hold On Forever , Funding Support , Assad Regime , Peace Plan , Sarks Dh Srksassa , Syria On Fighting ,

Detailed text transcripts for TV channel - MSNBC - 20120106:09:24:00

In for me to your thesis here. i mean, your book is about this remarkable revival of the right after the financial crash and how in empirical terms it really makes no sense. but we did get from this financial disaster to an era of right-wing economic fundamentalism. how do you think that happened? oh, my god. isn t that the great mystery? i mean, that s what i ve been wrestling with ever since i saw it beginning back at the very first tea party rallies back in 2009. when you come out of this you know, this financial catastrophe brought on by, and almost every serious observer that s looked at this agrees, brought on by decades of deregulation of the financial sector, you know, allowing all kinds of crazy predatory lending, mortgage origination, these people writing these toxic investments and ripping one another off, all of this crazy stuff completely unsupervised and then you have a political movement that rises up and is in fact triumphant in so ....

Tea Party , Isn T , Predatory Lending , Mortgage Origination ,

Detailed text transcripts for TV channel - MSNBC - 20120106:02:25:00

Unsupervised and then you have a political movement that rises up and is in fact triumphant in so many parts of america claiming that you know, all we ve got to do is get government out of the way and deregulate some more. you know? and you look at virtually every republican candidate, and now they move their circus to new hampshire and that s what they re demanding. you ve got to get government out of the picture. you know, you ve got to unleash wall street, by god. it s an amazing it s an amazing turnabout. look, rachel, i have never seen in my life, and i doubt i ll ever see it again, an ideology more directly discredited than the whole laissez-faire thing was. the whole deregulatory push was by the financial crisis in 2008. and yet it s back as though it never happened. well, and you write about, though, it seems like the key you re able to find to how republicans were able to push something that was the exact opposite of what circumstances would seem to warrant they should pus ....

Aren T , New Hampshire , Wall Street , In My Life , Laissez Faire , Deregulatory Push , Indiana Republicans ,

Detailed text transcripts for TV channel - MSNBC - 20120106:05:25:00

Unsupervised and then you have a political movement that rises up and is in fact triumphant in so many parts of america claiming that you know, all we ve got to do is get government out of the way and deregulate some more. you know? and you look at virtually every republican candidate, and now they move their circus to new hampshire and that s what they re demanding. you ve got to get government out of the picture. you know, you ve got to unleash wall street, by god. it s an amazing it s an amazing turnabout. look, rachel, i have never seen in my life, and i doubt i ll ever see it again, an ideology more directly discredited than the whole laissez-faire thing was. the whole deregulatory push was by the financial crisis in 2008. and yet it s back as though it never happened. well, and you write about, though, it seems like the key you re able to find to how republicans were able to push something that was the exact opposite of what circumstances would seem to warrant they should pus ....

Aren T , New Hampshire , Wall Street , In My Life , Laissez Faire , Deregulatory Push , Indiana Republicans ,

Detailed text transcripts for TV channel - MSNBC - 20120106:09:24:00

Remarkable revival of the right after the financial crash and how in empirical terms it really makes no sense. but we did get from this financial disaster to an era of right-wing economic fundamentalism. how do you think that happened? oh, my god. isn t that the great mystery? i mean, that s what i ve been wrestling with ever since i saw it beginning back at the very first tea party rallies back in 2009. when you come out of this you know, this financial catastrophe brought on by, and almost every serious observer that s looked at this agrees, brought on by decades of deregulation of the financial sector, you know, allowing all kinds of crazy predatory lending, mortgage origination, these people writing these toxic investments and ripping one another off, all of this crazy stuff completely unsupervised and then you have a political movement that rises up and is in fact triumphant in so ....

Tea Party , Isn T , Predatory Lending , Mortgage Origination ,