Streams

Chris Hayes on Romney vs. Obama

Thursday, May 17, 2012

Christopher Hayes, editor-at-large of The Nation and host of "Up w/ Chris Hayes on MSNBC," discusses the latest in politics, from the re-surfacing debt ceiling debate to the return of Jeremiah Wright as campaign issue, and the announcement that Americans Elect can't find a candidate.

Guests:

Chris Hayes

Comments [19]

Kate from Washington Heights

Most brilliant guest ever.

May. 17 2012 11:49 PM
Nancy from Florida

"What differentiates you from the "greedy 1%" who won't part with their money"

^^First, how did the 1% get their money? They got that money by not hiring Americans, taking jobs overseas at a fraction of the cost, and then selling those cheaply made goods to Americans at high prices.

Second, what happens when the 1% don't part with SOME of their money? What happens is an economic crisis. Americans will find themselves working harder to keep the few jobs that remain and struggle to make ends meet, taking on debt. That debt is being financed not by the 1%, but by other countries (i.e. China). To finance the money they loaned to the US, those countries buy and sell complex market securities in stock and bond exchanges worldwide. Many of these securities are also bought and sold by the wealthiest 1% in the US. If those securities fail in the markets, then we experience systemic risk and all the economies can collapse. Ultimately the 1% will also lose their wealth and we're all screwed.

Simply put, if the richest Americans would be willing to part with SOME (not all! but some) of their money and pay the 99% a little bit more, the risk to our economy would be geatly reduced.

May. 17 2012 10:50 AM
amalgam from NYC by day, NJ by night

Saw "King of the United States," Grover Norquist, on Bill Maher last week and as that Antitax King, he suggested that Sweden's late '90s-early '00s successful economic reforms were due to budget-cutting combined with lower tax rates. Of course, he neglected the fact that even after these budget cuts, Sweden's social services-entitlements-welfare are provide FAR more and rely more heavily on their government than the supposedly "outsized" involvement of the U.S. federal government.

May. 17 2012 10:36 AM

Interesting

May. 17 2012 10:30 AM
John A.

Not interested in republicans until they acknowledge tax cuts build debt. It's trading candy for votes and the cavity is in US value.

May. 17 2012 10:28 AM

@Martin - Obama isn't responsible for the skyrocketing debt. Its been skyrocketing for the past 50 years.

But Obama is the latest US president that has failed to slow it.

May. 17 2012 10:21 AM
Tim from Ny

Outrageous superpac adds get their mileage from media talking about who paid for it and will candidate disavow it etc. it's huge bang for the buck.

May. 17 2012 10:21 AM
Martin Chuzzlewit from Manhattan

More left wing rhetorical contortions by a hack for the Dems here on Obama Public Radio.

May. 17 2012 10:21 AM

Martin and Maria,

Your point is fantastic. But do you guys realize why the US doesn't save for our retirement? Because our economy is based on CONSUMPTION. If Americans don't got to the mall every weekend, our economy tanks. The US financial system is now based on borrow and spend - on both Wall ST and Main St. Interestingly, when we were a MANUFACTURING economy (like Chile, Brazil, Germany) we saved more.

May. 17 2012 10:19 AM
John from NYC

How out of touch does an MSNBC commentator have to be to say "THE DEBT DOESN'T MATTER" -- "IT IS RETORICAL" ????????????????????

May. 17 2012 10:17 AM

so you side with Dick Cheney's "debts don't matter" theory

May. 17 2012 10:17 AM
Martin Chuzzlewit from Manhattan

Hayes-
Obama not responsible for the skyrocketing debt?
Spin away, little guy.

May. 17 2012 10:17 AM
Bob from Flushing

If the GOP wants to go the Jeremiah Wright route, the Obama people need only cite any number of lunatic Mormons Romney can be linked to.

It's the gift that keeps on giving.

May. 17 2012 10:16 AM
Harvey Bernstein

Maybe a Dem Super Pac will attack Romney for being a Mormon. The Mormons considered Blacks to be inferior until their 'prophet' received a 'revelation' that in 1958. Who knows what revelation the 'prophet' will receive after Romney wins an election. Perhaps the revelation will be to convert everyone or to return to polygamy.

May. 17 2012 10:16 AM
Juli from Skillman, NJ

Wait a minute ... if Romney makes a big deal about Obama being linked to Rev. Jeremiah Wright for 23 years, wouldn't the Republicans then have to admit that he is a Christian and not a Muslim. Hmmm.

May. 17 2012 10:12 AM
amalgam from NYC by day, NJ by night

One major reason the Romney camp might like to steer clear of of the Rev. Wright religious/cultural/racial card is because it opens up attacks on Romney's Mormonism, something that identifies as "other" in mainstream, especially conservative, American society.

May. 17 2012 10:12 AM
Martin Chuzzlewit from Manhattan

@ MARIA-

Thank you for making fiscal conservatives look sober and logical!!!

You won't make the sacrifice of putting away money yourself from YOUR pocket for your own retirement ("undisciplined" ...I love the euphemism)....so you are expecting the rest of us to pay for it with OUR money while you spend yours on yourself. What differentiates you from the "greedy 1%" who won't part with their money. This is a wonderful example of the Left's defintion of "safety net"....really a comfy hammock for the lazy and self-absorbed.

May. 17 2012 10:09 AM
Maria from Miami, Florida

I heard from GOP candidates during their debates they like Chile's social security system based on the market. I asked 2 Chilean men if this was true and they agreed. But when I asked if there was a safety net for those like me that are undisciplined about saving for retirement, they said a resounding NO. In Romney's budget plan I read he would cut social security by $186B by 2016 without balanced budget, but worse if balances the budget. Yet I just heard the reliable Sen. Bernie Sanders reiterate that social security is solvent for the next 21 years. Why mess with social security then, the greatest safety net for keeping seniors out of sheer poverty? Chris, would you expand on this? Many thanks for your contributions! Maria

May. 17 2012 09:44 AM
jim from nyc

I'd like to hear Chris's opinion on the false notion of equal partisanship. The Democrats only blocked Bush on one, major policy plan: privitizing Social Security. The Rs have blocked or significantly altered almost every Obama initiative. I don't hear this mentioned in the MSM.

May. 17 2012 07:54 AM

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