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Thom Hartmann: What Standard & Poors isn't telling us about the Debt

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Uploaded by on Aug 2, 2011

Jane Hamsher, http://www.firedoglake.com, joins Thom Hartmann. In this debt-limit debate we witnessed far-right wing terrorists within the Republican Party - Members of Congress that even Vice President Joe Biden admitted acted like terrorists - threaten America with total economic destruction if they didn't get EVERYTHING they wanted in a debt-limit deal. And as we near the end - it looks like they'll get damn near everything they asked for. That's trillions in spending cuts - without one penny in tax increases on billionaire hedge fund managers - subsidized billion dollar oil corporations - and subsidized billionaire corporate jet owners. It's as though the president was totally unprepared for this assault by the Republicans. But it's not as if he wasn't warned that they were planning to play hostage-takers.

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  • @capucchan8 I turned off his radio show yesterday because Thom was rude again to someone who even suggested we should look for a primary challenger to Obama. I know that Thom is smart and understands what Obama has really done, or hasn't done. He is just shilling for this administration.

  • Thom are you in Obama's payroll? you are way too easy on that charlatan, he does a lot of the same things as Bush yet you hardly mention him by name

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  • @Beannaich that's good because that's what we have & what we have had for decades now.

  • We need a Democratic President that can demonstrate visionary leadership. Not another politician that has sold his soul to Corporate Interests. Thanks to the recent Supreme Court decision, that may be impossible. Don't they know the history books will long outlive an election term and some financial gain.

  • @AskTheMisanthrope You're right, I'd much rather be "governed" by corporations, and SUPER rich people by proxy.

  • It's pretty obvious that these guys can't go after Obama too hard.

    Randi Rhodes has totally sold out and Thom is certainly very afraid to Criticize him.

  • Sad, Are all libs this gullable? Do they not have the reasoning ability to see that just cause Biden, who wants to spend money the government doesn't have, calls Financially responsible Tea Parties, "Terrorist" doesn't make it so. I'll never watch this guy again.

  • Thom's show gets more laughable by the day.

  • Thom is a rich liberal like Obama et. al. When will people get it that we can't have 100% rich asshole lawyers "governing" us?

  • Thom you are either in Obama's payroll or you are completly dilisional, you can't bring yourself to critize Obama even though he is the same thing as Bush, pathetic

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