Katrina vanden Heuvel slams debt ceiling debate

[vechorik]

Who voted against raising the debt ceiling?

95 Democrats and 66 Republicans exactly - voted against the bill

The US credit rating was downgraded because the bill didn't contain enough cuts.

[Vertigo2903]

The republican party is nothing but a bunch of paid off corporate whores who have convinced average americans that they are looking out for them. The dems aren't much better, but the republicans are about the corporate interests only. Their policy has been tax cuts for the rich and insane military spending the past 30 years

[Vertigo2903]

Katrina speaks the truth

[pranays]

Only retards type in all Caps! 

[rvrola]

SIMPLE OBSERVATION TODAY - IF THIS SYSTEM IS GOOD, THEN WHY THE NEED FOR THE AUSTERITY MEASURES AND BUDGET CUTS. WHY ARE NATIONS RIOTING ON THE STREETS? THE SOLUTION IS A FIXED EXCHANGE RATE SYSTEM BASED ON THE DEVELOPMENT OF THE PHYSICAL AGGREGATES AND NOT ONLY THE MONETARY AND FINANCIAL AGGREGATES BECAUSE THIS SYSTEM IS BASED ON USURY. IT IS A PARASITE TO THE COMMONWEALTH. ONLY THE FEW ELITES AND CORRUPT POLICITIANS BENEFIT - NOT THE PEOPLE. CONSULT LYNDON LAROUCHE PLAN TO REVERSE THIS MESS.

[rvrola]

ONLY GLASS-STEGALL WILL SAVE THE US AND THE WORLD BECAUSE ISSUANCE OF MONEY WILL RETURN TO THE PEOPLE AND NOT THE INTERNATIONAL BANKS. QE1,2,3,4,5,6 WILL NEVER WORK IF THE MONEY GOES TO THE POCKETS OF THE CORRUPT POLITICIANS AND ELITES. THE PEOPLE WILL DIE AND A RIOTS WILL INCREASE. AUSTERITY MEASURES AND BUDGET CUTS WILL NEVER WORK. THIS SYSTEM WILL NEVER WORK.. NO PRESIDENCY WILL SOLVE THIS. CONSULT LYNDON LAROUCHE PLAN - THIS IS THE SOLUTION BECAUSE IT IS BASED ON UNIVERSAL PRINCIPLES.

[TheSteve4200]

ITS BECOME OBVIOUS, THE AMERICAN GOVERNMENT IS PURPOSELY TRYING TO COLLAPSE ITS OWN ECONOMY..

[esc1127]

We don't need to raise income tax or cut peoples social security that they ALREADY payed into or cut other benefits. We need to cease all military operations and withdraw all forces from overseas, then cut all foreign aid, there will be a budget surplus if we do that.

[reelknawledge]

@Lurie2010 i like your comment! it is all about the US dollar not being the reserve currency. msm will not talk about that...go figure..

[brandon98188]

Obama should do an executive order to rasie the debt ceiling. Obama nevers uses executive orders to do anything that benefits the common man. he's probably a closet republican. he never goes liberal on any issue. if the 2nd Depression comes about in august. Dems need to primary challenge him.

[MrBigwong]

Reform the Senate numbers to solve the problem: Wyoming has one senator for every 250,000 people; California has one senator for every 20 million people.

Something is very wrong with that setup. And it pushes our politics to the far right. Populated states should be very pissed off about this setup.

[teabaggersblow]

@GilaTomster Dude, a discussion is not necessarily a negotiation. Cut out all this doomsday talk. The republican party crawfished because they will never raise one cent of revenue on the backs of the wealthiest among us. Grover Norquist blames Obama 100%, for the hole republicans have got America into. If you did not know, Norquist is the republican poobah, the shit they live for, the cock in their ass. Life is good when Norquist has got republican minions fulfilled and dripping with his jizz.

[1988scottcarey]

south of the boarder currently. Two groups of idiots screeching at each other on train tracks while the light coming through the tunnel just keeps getting brighter.

"we can't raise taxes", "we can't cut social programs". No your right you can't do either of those, you'll have to do BOTH of them and then some to dig yourselves out of this hole.

[alphabeets]

Katrina van bubble chest is an idiot. We need to NOT raise the debt ceiling, stop the meaningless wars, and stop all the spending.

[jnicolettebailey]

Obama uses his "Executive Powers" to invade Libia and other countries at a blink wasting billions of dollars, but he has to ask the two political parties' leaders if he could raise the debt ceiling ....? Stalling technique ....?

[lordhighexecutioner]

@jnicolettebailey Indeed. He has firmer ground to invoke the 14th Amendment and ignore the Debt Ceiling law than he has on ignoring the War Powers Act. Now it's reported he offered to increase the age of Social Security and Medicare eligibility. This man is an enemy of the American people.

[brad238899]

Here's a neat idea Obama. Quit attacking all the fucking nations that aren't a security threat to our nation!!!!!!!! 1 billion so far. I'm so disgusted with my country. We don't need to increase our debt ceiling or increase taxes. We need to cut our government in half. Sell & close at least 75% of all foreign bases. Trust me Japan, Germany and the United Kingdom won't attack us anytime soon so why the hell do we have bases there?

[BradNC11175]

This broad is a Keynesian huckster and Keynesians are the reason we are in the hole we are in.

[NibiruLives]

Bam-Bam used the "kick the can down the road" metaphor yet again; holy shit! could those assholes come up with another phrase for required usage in the sound bites?? how many times do we have to hear that damned phrase?

[jaker277]

Wow this chick has her HUHA. We ARE bankrupt. We are paying old debts by making new debts

[jaker277]

Taxing the rich kills jobs.

Taxing the corporations gets passed on to the consumer.

How about waking up and stop borrowing, start saving and producing.

[europa]

compromise.......?

you need coalitions, comprises breed moral hazards and means you can be COMPROMISED.

individual liberties protected by private property rights, upheld by voluntary contracts enforced by a small local government the more complex the situation the more local you should get

cut taxes on all people and an economy will thrive

[paullie6719]

The only spending cuts that need to be made is to end the WARS! Why do you interview people that just further the left-right/republican-democrat paradigm and support higher taxes such as this vanden Heuvel statist.

[artpena72]

This woman being interviewed is clearly a pro liberal, this is just pushing the democratic party agenda, what a waste of an interview. Both parties have made mistakes, but definitely the Democrat ARE screwing things up by not making hard decisions, and the US DOES need to cut back on it's spending, no more entitlement spending, no more wars, and reduce the social spending, let people look after themselves and work their way out of poverty, END SOCIALISM IN THE US!

[MartijndeGraaf1001]

@artpena72 no more war! indeed

[ArmednSafe]

Wow, these people really need to learn some basic economics and accounting. If we don't raise the debt ceiling, that just means we need to cut spending to make the interest payments instead of taking on more debt to pay for the insane and destructive programs. Increasing taxes on corporations and "the rich" will not increase revenue. They will just avoid taxes more while producing less.

[maxistsocialist]

THIS COUNTRY IS FUCKED UP, THERE ARE MILLIONS OF PATHETIC PIECES OF FAT HILLBILLY ILLITERATE HICKS IN THE US ROADS WITH REPUBLICAN PARTY, AND JOHN MCCAIN-SARAH PALIN BUMPER STICKER. THIS IS A COUNTRY OF CRAZY PEOPLE, WHO LIVE A CRAZY LIFE, MOST AMERICANS ARE LIVING A THIRD WORLD LIFESTYLE AND THEY DON'T FEEL BAD ABOUT IT. YOU SEE ONLY TOM CRUISE, CELEBRITIES AND RICH DOCTORS LIVE REAL NICE IN AMERICA. FUCK THIS ANTI-PROGRESS NATION

[ArmednSafe]

@maxistsocialist Socialism is a self destructive system. It can't calculate.

[maxistsocialist]

A SEVERE MISTAKE I SEE IN KATRINA AND MANY BOURGEOISE LIBERALS SOCIAL-DEMOCRAT CENTRIST THINKERS LIKE HER, IS THAT THEY POSE THEM SELVES AS LEFTISTS AND SOCIALISTS. WHEN THEY NEVER TALK ABOUT KARL MARX, LEON TROTSKY, AND THE MAIN PREMISES OF SOCIALISM WHICH IS WORKERS-CONTROL OF CORPORATIONS. USA NEEDS REAL MARXIST INTELLECTUALS DEBATING US ECONOMY NOT SOCIAL-DEMOCRATS WHO ARE RICH AND DO NOT NEED COMMUNISM

[europa]

@maxistsocialist

communism sucks and leads to a fascist corrupt UN productive society where in no one owns anything and everybody owns everybody

[maxistsocialist]

The real cause of the 180 trillion dollars total debt of the USA is the concentration of wealth in the top 10% of the USA population, leaving the other 30% with a bit of a stable life, and the lower 60% to a hell on earth. The USA cannot continue with this oligarchic-kleptocracy. This oligarchic-kleptocratic economic model leads to an excess of supply and very little under-consumption, and little production. This is why the USA is doomed !!!

[edwardtang1977]

50%-50%? Oh....you said "you weren't bankrupt"? Oh Oh now I understand. YOU'RE ASLEEP!

[rbelena]

Simple put Katrina vanden Heuvel doen't know what she is talking about. Another die hart Kensian who is will to follow bad policy into the ditch.

[skunkwerksrc]

Heuvel is a Statist. That is, an Authoritarian and Supremacist.

From where does she get the authority to casually demand that "others" have yet more of their own money forcibly taken from them?

In the longer term, the best solution for the World would be American default. The system is broken and needs to be re-set.

[1988scottcarey]

HA! "kick the can down the road" i'm going to use that

[UNIVERSITYHI]

Vanden Heuvel doesn't get it. She is supposed to be an intellectual yet she is wrapped up in this "it's the Republicans" false left right paradigm." As a registered democrat I can tell you it is not the Republicans it is the system.

[uhhhhdude]

This lady is a complete moron. No wonder The Nation sucks.

[watertonrivers]

HERE'S A CLUE PEOPLE; THE WARS WAGED IN AFGHANISTAN AND IRAQ, HAVE COST THIS COUNTRY NEARLY 4 TRILLION!!! HOW ABOUT INSTEAD OF NATION BUILDING OVERSEAS, WE RESTORE AND REBUILD OUR OWN NATION!!! STOP THE INSANE POLICING OF THE WORLD, BRING THE TROOPS HOME AND RESTORE THIS GREAT COUNTRY!!!

[zombiehellmonkey]

Taxing the very rich won't solve anything unless you also increase the minimum wage and increase interest rates. Most of the tax goes to maintaining the military industrial complex, which serves corporate interests anyway. If you increase the minimum wage, lower taxes for the majority, and increase interest rates, means the more people are saving, and the money stays with the people, and that money will begin to generate jobs, and reduce national debt. It has to be this combination.

[riplaekic]

Vannie used to be a regular on MSNBC, but her shrill analysis was often even too liberal for those people. What she doesn't understand about this situation politically, is that we cannot continue to compromise our future away. Are both sides essentially cynical and bought by special interest? perhaps, but lying to ourselves and increasing our debt so we can continue to spend more than we have is foolish

[illuminatijews]

I am having trouble keeping up with this woman. Where does she stand, exactly?

[Sturmpionier03]

That woman is retard all she does is bash republicans

[PoIiticaIIylncorrect]

I like that RT removes my comment because it does not fit their agenda. I am a member of the BLAZE. lol. they remove wacko liberal's comments too. must frustrate the left to no end . FU RT.

[capucchan8]

if you still believe in Obama you are either benefiting financially or in denial an in store for a rude awakening

[FranG1214]

"The validity of the public debt of the United States, authorized by law . . . shall not be questioned." - (U.S. Const., Amend. 14, Cl. 4)

This concerns legal debt already in existence. It has nothing to do with legislation proposed to incur new debt. Score a clue lady.

[motorolarules]

debt money= FAIL

[VTSPQR]

Katrina Vanden Heuvel ; She is probably at home, listening to her own voice (in this interview) over, and over again, and thinking of how smart she sounded on RT!?

IMO, she is clueless! She is like a Parrot, just repeating something she heard from a NWO type of person..................FAIL!

[getvar]

"I'D SAY NEVER SAY NEVER" 3:54 :D :D :D stupid biach

[Lurie2010]

Republicans vs. Democrats? It's all theater designed to distract. The sad fact is that we are - and have been - bankrupt. And when the con of our Ponzi scheme dollar finally lets go and nobody wants it for the world's "reserve currency" the fall will be precipitous, enormous, and dramatic. The interviewee is quite insane.

[TakingYourFear]

@Lurie2010 true, true...

but the us Dollar is still backed by china.

here in Eu - we are only backed by each other (strong eco. backing weak eco.) -so we´ll all fail when germany, England and france has no more credit to offer

[Mruiz201]

This lady is pure garbage... It's people like this that have turned this country into a piece of shit. Didn't make one bit of sense . Only used talking points.

[hopenchrist777]

I expected more from Katrina Vanden Heuvel. Another bought and paid-for journalist. Thank you Katrina for your input and point of view. I can't believe the words coming out of this persons' mouth! I love the blame game...another reason we are in the mess we are in. Wake-Up America!!!

[98bigbutt]

The American Mainstream media is a huge joke like the Jerry Springer show.

[98bigbutt]

Please you RT America haters,tell how's this Anti-American?

[toddholladay]

let the debt ceiling fail to pass..let this shit fall..We need a reset...break these banks that are ruining the world..did u hear the IMF say's yes to short term debt..but the hitch is u never can pay it back and the Liquidate your country...ie Greece..

[JohnnyThund3r]

Russia will rise, again!...

whoops,

I mean...

The US will rise again!

[MrViTopol]

@JohnnyThund3r AMERICUM IS GONNA BREAK LIKE A CONDOM ON OBAMA'S DICK SOON :-D

[TakeBackFreedom]

Fuck the Debt! The DEBT is not ours, and plus its an imaginary fictional creation.

WE need to move to a society pass money.

[childs62]

Ya let's disarm our military and take funding away from the national security of our country so that we can keep sending payments to Billy Bob and Linda Sue Welfarebum and their 15 kids so that Billy Bob can buy another case of beer. That make as much sense as last years State Fair prize winning hog going for a ballerina scholarship.

[saintearth]

@childs62 No let's keep policing the planet and let the military industrial complex grow beyond any limitations and then go down the shit hole like all the other countries in history that became over extended.

[childs62]

@saintearth Well, with the Nut-Job administration that's in the White House currently, you are going to get your wish!!! Mark my words!

[PestControl02]

lol...silly 2 party whore, working so hard for the failed system... it's funny to watch.

the debt cannot EVER be repaid...it's called being a DEBT SLAVE!

[HeavyMetalPedal]

This is a planned collapse of the USA by the treasonous, money whores in the US government & the Israeli Zionists that DID 9/11 will run the country into the ground as most Americans live in complete denial. The USA is completely over & Americans have NO FUTURE but slavery. 9/11 was done purposely in order to destroy America & they are doing a great job while the American Zombies sleep. The is no USA left to salvage. The rich, the UN and Agenda 21 is the new law in the USA. USA is the next Rome.

[xmenrus]

Van Booble is suferring from brain/intlectual debt. Obamamama is not non-confrontational...he's a coward. Keep giving the banksters $trillions of debt money and charge it to the middle class. See what happens within the next 10 years.

[mweibleii]

We should have let the Banks fail in 2009. Right now there'd be no GoldmanSux and a smaller BJ Morgan. No Bank of America, ect.... other Banksters would have quickly and efficiently picked up the slack and things would be about normal here.

In short, until the corruption is rooted out, nothing is going to change. I firmly believe change is coming, whether the Dem/GOP handlers want it or not. In their greed and ineptitude, they've lost control and things are spiraling downward for all of us.

[bassthunder]

Political theater... this administration is the most evil and un-American ever known.

[PoIiticaIIylncorrect]

Barack Hussein Obama is a Muslim, socialist, far-left radical, racist, Anti-American POS. Impeach him for violation of oath. He promised to uphold the Constitution.

[kdogg1000]

I just Hope & Pray that the USA doesn't take down the whole West,when their Zero Hour has began.

It took less then 10 years from 9/11 for USA to go from what most people thought as the Richest,Most Powerful and Free Country on Earth to the Most Hated,Most indebted Nation with a weak and over stretched Military.

If someone would have told me in September 2001, that Russia would be the World's Moral voice in the summer of 2011.I would have laughed.

That's the real change!

[straty01]

@kdogg1000 not really, Nixon wanted to Nuke Vietnam, US soldiers would fly helicopters into rice fields and mow down women and children, napalming people, US policy resulted in 500,000 children dying in Iraq, the US was sponsoring Iraq in the 1980's to kill massive amounts of Iranians, after 1945 the US evolved into what it was fighting, it became what it hated, a Nazi nation , 9/11 was the merely wakeup call/inside job for Americans, the world had already had enough by then.

[hstone39]

@kdogg1000

I agree.

[ZealfortheCross]

@kdogg1000 True True True!! 

[artislife1970]

It has nothing to do with republicans or democrats...they are both playing roles. Everything is scripted, and there is a final act written. I have a feeling it is not very good, at least not for us. They have to play this game so it seems like what is about to follow is unintended and not their fault. It is unfortunate that so many don't see it when it is so obvious. When the play unfolds over the next year or two maybe then people will wake up.

[PoIiticaIIylncorrect]

the American People are not responsible for the debt or the Wars. the corrupt POS politicians are !!!!

[IgorVasilevskii]

@PoIiticaIIylncorrect

Not responsible? Don't try to run away with murder, bastards! International Court against americans is coming.

[MrViTopol]

@PoIiticaIIylncorrect REMUVE AMERICUMS TO PRE 1776 LIMITS, PROBLEM SOLVED.

[gettingahandle]

Let me shove my head back in the sand... the pain of awareness is too great

[energytomatter]

Short sighted ideological dribble.. If I wanted that, I'd be watching FOX or MSNBC.

[1977Melville]

@energytomatter. Agreed. I already know dems wanna spend and repubs wanna tax cut.

[slonamu]

So many damn lies in such a short time. Democrats or republicans are bolth guilty. Democrats for refusing to cut spending, Republicans for refusing to raise taxes. The idea that you are will be more prosperous if you go in debt is DEAD! DEAR I tell you! This banksters propaganda was reveal for what it is in the last years. Does any one still belives this stupidity?!

[Ivestor1]

Come on lady it's working for Obama. HAHAHHAHAH....HAHAHAHAHAH.....­HAHAHHAHHAHAHAHHAHHAHAHHAH...H­AHAHAHHAHAHHAHAHHAHA...HAHAHHA­HAHAHHAHA.....HAHAHAHAHHAHAH..­..Change....HAHHHAHAAHAHHA...Y­es We Can...HAHAHHAHHAHHAA...Hope...­HAHAHHAAHAHA.

[ZoneTelevision]

P.S. Senator Paul already explained why taxing the Rich in the middle of a depression won't work. Way spend more than we take in...and also .. the Rich are already paying more than there share of taxes. His solution was to make them pay more fore their health benefits or if they should cut back on them. Makes sense Assets - Liabilities = Net Worth. You can't spend more than you take in. Even Squirrels have that figured out.

[TheJewRegulator]

Fuck the USA. Let's all pray they continue to destroy themselves and their command and control parasite Israel

[kdogg1000]

Blah Blah Blah.Nothing changes in the USA.

More Debt and More War is the American Dream!

[ZSwierczynski]

@kdogg1000

Hell Yeah! :D

[hazzard77]

world war 3 coming soon

[IgorVasilevskii]

@hazzard77

That's why USA should be disintegrated as soon as possible. Because this terrorist country is doing everything to provoke more wars and destabilization in the world.

[spencermel]

@IgorVasilevskii once US is gone,then the rest will follow.central banks are to blame,blame crooked politicians,secret societies that run the world.

[MrViTopol]

@spencermel once the u.s. is gone, there'll be peace and prosperity in the world. down with americum.

[akwelding]

@IgorVasilevskii u need to research AIPAC to see why we are starting all these wars they don't benefit us they benefit israel

[TheBENGALHANNIBAL]

@hazzard77

WW3 started when REICHSTAGE911 & a very innocent country like Afghanistan was invaded.

BANKING CRISIS, Iraq invasion/genocide, BAILOUTS, unemployment, QE2 etc etc all created in S-L-O-W motion just like the CONTROLLED demolition of WTC7.

PEOPLE are demoralized, weak, conditioned, & huge amount of cattle that are unemployed READY for WW3, just like WW2 etc etc, the BLACK CYCLE of human stupidity.

[ZoneTelevision]

Hi Katrina, Ladies .. great reporting keep up the good work. and thank you.