CNBC, Squawk Box
With Joe Kernen, Becky Quick and Andrew Ross Sorkin
[Hat Tip to Mr. Alexa for tipping me off to this interview.]
This entire video is rather interesting, if you want to know what the PtB are planning regarding the implementation of Simpson-Bowles.
[The first 2:06 minutes of this video is interesting, in that Ed Rendell's remarks regarding members of the Democratic Party base, are rather insulting, IMO.]
The transcript immediately below, pertains to that portion of this video.
BTW, this is the real face of the Democratic Party. To think that this "big time" neoliberal and fiscal hawk, Ed Rendell, recently served two terms as a Democratic Party governor is truly mind-boggling.
I was also not impressed with Rendell's "snickering" at host Joe Kernen's derisive remarks "about the 47% who voted for raising taxes on the wealthy." No different than Romney's comments, IMO. Read below the fold...
The corporatist-centrist politicians, such as Judd Gregg, Kent Conrad, Evan Bayh, no longer afraid of a total collapse of the world economy, are using deadly innocent frauds, scare, myths, and lies about the deficit and the national debt to undermine the possibilities of progressive change in the United States. Read below the fold...
One characteristic of modern political and economic discourse is frequent asserting of beliefs about economics and money that have been variously described by some observers as 'myths', 'scares', Read below the fold...