Charlie Rose: Joe Scarborough vs. Paul Krugman FULL Deficit Debate

MSNBC host Joe Scarborough and New York Times economist Paul Krugman faced off on Charlie Rose on Monday night, sparring over America's economic situation.

Joe Scarborough Paul Krugman FULL Debate On Charlie Rose | MSNBC host Joe Scarborough and New York Times economist Paul Krugman faced off on Charlie Rose on Monday night, sparring over America's economic situation. In the taped debate, the pair sparred over their opposing views on the deficit and spending, with Krugman later feeling as though he'd had his "Denver debate moment." As predicted, Krugman and Scarborough continued to not see eye-to-eye on the issue — with the former insisting the deficit is not an immediate problem, and the government should instead be spending more to aid a recovering economy. Scarborough, meanwhile, argued that Washington can do two things at once (though they haven't been doing much of anything as of late). The debate grew testy at times, with Scarborough repeatedly pressing Krugman on his past statements and warnings about the deficit issue. "You've been predicting this for 20 years," he reminded him. A tense exchange followed as Krugman replied, "That's such a tired argument, to go and search for quotes in stuff I said once upon time instead of dealing with the issue." He later added, "It's so disappointing if all you can do is ad hominem and say, oh, you said this, and you were — you know, pull out the ad hominem." "Anybody that knows me knows I don't engage in ad hominem attack," Scarborough replied, to which Krugman insisted, "That's what you're doing right now." The MSNBC host begged to differ, arguing he was "quoting back what you said." The debate also grew heated at other points, including toward the end, when Scarborough took issue with Krugman's muttered "wow" at one of his arguments — and compared him to Al Gore's sighing during a 2000 presidential debate. "You know what? If you could just stop from saying, 'Wow,' and let me just finish a point, Paul," Scarborough said. "You and Al Gore really need to talk about it. This is a real problem. If people don't agree with you all the time ... you just feel like you have to take the cheap shots." Ahead of the interview's airing, Krugman took to his blog feeling he'd had his "Denver debate" moment: "I was tired, cranky, and unready for the blizzard of misleading factoids and diversionary stuff." But, he later added, "having a Denver moment isn't the worst thing that can happen. Ask Mitt Romney."

US Dollar Collapse Underway

We'll soon lose the 'Reserve Currency' status...That will force hyperinflation.. China and the main banks are buying as much gold as they can... US banks are buying gold..they know that the US dollar is going to crash..... A collapse is coming and the Fed Rsrv banks know it.. the banks are warned..but not the American people.

U.S. Dollar in crisis as major countries around the world step away from the dollar, threatening its global reserve currency status. This is a special report of Money Matters. July 16, 2012 ALERT: money-insights.com has been taken down for job reasons.

Adrian Salbuchi ~ Chains of A Global Debt System

Katherine Albrecht talks with Adrian Salbuchi, an internationally-renowned Argentine author, political analyst, speaker and radio television commentator.Adrian Salbuchi gives an Argentine opinion on the Global Financial Crisis, describing the whole Global Financial System as one vast Ponzi Scheme. Like a pyramid, it has four sides and is a predictable model. The four sides are: (1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode.

Mike Rivero on The AIPAC Conference

AIPAC is holding its annual policy conference in the coming days. Protesters say that AIPAC and allied groups have pushed for policies that include bombing Iran, going to war with Iraq, expanding settlements in the occupied West Bank, as well as human rights violations. Activist groups are urging a change in Washington's approach which they say mixes money and politics to a dangerous level. They point to Chuck Hagel's confirmation as Secretary of Defense, who had been outspoken about the Israeli influence. This protest kicks off a weekend of actions against AIPAC. CODEPINK and other groups will resume their campaign early next week to call attention to the influence of the Israeli lobby over Congress and urge Americans to try and stop it.

What is Capitalism

Capitalism at its best. Creating jobs in the new economy.


Rand's simple and simplistic idea is that scientists, inventors, or architects cannot produce without the context of absolute freedom, either political (undefined) or economical. Individual rights eventually under ALL systems transform, and most often degrade. For instance, there is no such thing as a democracy in modern terms, and anyone who has ever had 5th grade civics knows this. There is no democracy on earth, and Ayn Rand should have known that if she knew anything!