E.J. Dionne, a Senior Fellow at The Brookings Institution and Washington Post columnist The Republicans are throwing around a new catch phrase ("We have a spending problem not a revenue problem", anyone?) with their "Cut, Cap and Balance" proposal. Even with an overwhelming majority of Americans rejecting the Republicans' handling of the debt negotiations.... will the President cave and take McConnell's plan-- one that cuts and provides no new revenue, something he's previously said he needed included in the deal? We'll talk about it.
Ezra Klein, Washington Post Columnist and MSNBC Policy Analyst Judson Phillips, Founder of Tea Party Nation We'll talk to Ezra about his article from today-- where he breaks down why McConnell's plan might be the best bet for Republicans. And we'll see what the Founder of Tea Party Nation thinks of the "all spending cuts and no revenue" plan. Sure to be another lively discussion you won't want to miss.
Robert Greenwald, documentary filmmaker and the Director of the Brave New Foundation Plenty of new developments in the Murdoch scandal- we've got an arrest, a resignation, a whistle blower found dead, a graphically violent video used to pump up News Corp's sales staff and a US newspaper's lame attempt to place the blame on police for the phone hacking... We'll catch you up on what you need to know.
Brad Woodhouse, Communications Director for the Democratic National Committee Laura Flanders, Host of GRITtv on Free Speech TV and editor of the book "AT THE TEA PARTY"
Bill Press, Nationally Syndicated Radio Talk Show Host, Author of "How Republicans Stole Religion"
We've got some of the best to talk out the news of the day round up of the debt ceiling debate.
Ed Schultz broadcasts the radio show from 30 Rock in New York City.
Attorney Mike Papantonio joins the 1st hour of Monday's show to discuss Sen. Dick Durbin calling for congressional hearings and investigations of Rupert Murdoch's media empire.
Rep. DeFazio: Fire Secretary Geithner Posted on 11/19/2009
Rep. Peter DeFazio, D-OR, called for the firing of President Barack Obama's top two economic aides on Wednesday.
DeFazio accused them of pursuing a recovery plan skewed too heavily in Wall Street's favor.
Dismayed with Lack of Job Creation In an interview with Ed Schultz on MSNBC's ‘The Ed Show', Rep. DeFazio said that he was dismayed with the administration's lack of focus on job creation.
He said it was time to dismiss both White House economic adviser Larry Summers and Treasury Secretary "Timmy Geithner."
Rep. DeFazio Comments DeFazio said, "We think it is time, maybe, that we turn our focus to Main Street."
He said, "We reclaim some of the unspent [TARP] funds, we reclaim some of the funds that are being paid back, which will not be paid back in full, and we use it to put people back to work. Rebuilding America's infrastructure is a tried and true way to put people back to work."
DeFazio said, "Unfortunately, the President has an adviser from Wall Street, Larry Summers, and a Treasury Secretary from Wall Street, Timmy Geithner, who don't like that idea."
He said, "They want to keep the TARP money either to continue to bail out Wall Street...or to pay down the deficit. That's absurd."
Schultz specifically asked whether Geithner should stay in his job and Rep. DeFazio said, "No."
DeFazio said, "Especially if you look back at the AIG scandal and Goldman and others who got their bets paid off in full...with taxpayer money through AIG. We channeled the money through them."
Geithner Wouldn't Answer Question Rep. DeFazio said, "Geithner would not answer my question when I said, 'Were those naked credit default swaps by Goldman or were they a counterparty?' He would not answer that question."
DeFazio said, "There is a growing consensus among the Congressional Progressive Caucus that Geithner needs to be removed."
He said, "Some lawmakers were considering questions regarding him and other economic advisers."
Though he said a petition calling for the Treasury Secretary's removal had not been drafted.
Failed Economic Team DeFazio said, "[Obama] is being failed by his economic team."
He said, "We may have to sacrifice just two more jobs to get millions back for Americans."
