welcome to prime time week, and i am alex wagner. let s get right to the week s top stories. the banks and financial institutions that lent donald trump hundreds of millions of dollars to help build and expand the trump brand, they cannot be happy right now. will any of them really want to lone donald trump any more money? could they start demanding he pay back the money he owes them presently? well, there is actually a historical president for all of this. back in the early 1990s, trump s business empire was on the brink of insolvency. he had stretched himself thin, with casinos in atlantic city, and a fancy yacht, and for whatever reason, his own airline company or. trump had borrowed a ton of money from the banks to pay for all of this. and these businesses were not doing well, so the banks got together and decided it was time to rein in donald trump s finances. trump had long cashed himself as a winner. now, he was looking like a loser. as quickly as the banks loved h
Says is a depression. he told ed that emerging from the economic downturn is simple and had nothing to do with the kind of cutbacks suggested by presumptive republican presidential nominee mitt romney. take a listen. first and foremost, we need more, not less government spending for the time being. we can talk about cutbacks later on, but when you re in a depression, which is what we re in, when you re in a state where the economy is way below capacity, when the biggest problem is, in fact, just not enough jobs out there, now is the time for the government to be spending more. that s a time for the government to be adding to public investment, not slashing it. it s a time to be hiring more schoolteachers, not laying them off. so that s the answer. it s actually amazingly simple. we could, if we could only, you know, if we would only do the right thing, we d be out of this faster than anyone imagined. lean forward with the ed show weeknights on msnbc. health news for you this mo