Friday News Roundup - Hour 1

Friday News Roundup - Hour 1

Diane and her guests discuss President Obama's challenge to the GOP on deficit negotiations, Bank of America's partial pay back to toxic mortgage investors, Congresswoman Michele Bachmann's entry into the Republican presidential candidate race and other top national news stories of the week.

The White House says Congress has until July 22nd to come to an agreement on a plan to cut the deficit. Significant spending cuts have been outlined, but Republicans and Democrats differ sharply on whether some tax increases should also be included. The Senate has agreed to cancel a planned recess next week to allow more time for negotiations. A three judge panel from the U.S. Court of Appeals Sixth Circuit upheld the constitutionality of the 2010 Health Care Reform Law, and the accuser in the sexual assault case against former IMF head Dominique Strauss–Kahn faces serious credibility questions: Join us for a discussion of these and other top national news stories of the week

Guests

Jerry Seib

Washington bureau chief, The Wall Street Journal.

Lynn Sweet

Washington bureau chief, Chicago Sun-Times, and columnist at politicsdaily.com.

David Welna

congressional correspondent, NPR.

Friday News Roundup Video

The panelists discuss the emergence of new information that has raised questions about the credibility of the woman who has accused former International Monetary Fund Managing Director Dominique Strauss-Kahn of sexually assaulting her in a New York City hotel room. The Wall Street Journal's Jerry Seib says that Strauss-Kahn may yet be able to recover his public image enough to be a viable French presidential candidate in the months to come:

Comments

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Semi-Anonymous wrote:
"Poor Carter ... he suggested we use less energy and develop renewable energy sources".
Well, I suggest that we have a car in every garage and a chicken in every pot. Anyone can SUGGEST whatever they choose. What matters is results and Carter didn't get them. He left the country in a shambles, at home, and overseas. He left hostages in Iran and double-digit interest rates. That's not "good and bad moments". It's an abject failure.
Obama inherited a tough situation, no doubt. But the American people "hired" him to improve it. He hasn't done that and in fact the economy and unemployment are WORSE off. Nobody want's to hear about "it's their fault" or "somebody else's fault". The American people do ... not .... care. They don't want excuses. They want results. Obama hasn't delivered them.

July 1, 2011 - 11:19 pm

Etaoin: Believe you’re right and DR show actually does review it’s comments on occassion, and may even influence choice or content of a show now and then. Wishful thinking possibly. We’ll know for sure the day Diane references GOP as Republi-cons.
As far as early post you have a good point. Unfortunately nature of my work rarely allows me access to computer when show is airing so I’m left to posting a comment at 11 at night, when perhaps only person might actually see is Mean Green, or on rare occasion I’m stubborn enough to venture a post before a show begins. (and I can say I got a post in once before Monte, woo-hoo!)

(And call me a demo-prog anytime- won’t hurt my feelings a bit.)

MG: Don’t believe Cold War was any more a war than War on Drugs or War on Hypocrisy. Latter “war”, probably deserves the nations most attention at this point.

Happy 4th all.

July 1, 2011 - 11:23 pm

And... great shows this week DR!!

July 1, 2011 - 11:31 pm

Drew Kelly wrote:
"I believe I mentioned Raygun only once before"

The dopey name you invoke for the 40th POTUS reveals both your benightedness and pettiness. Are you aware that POTUS Reagan's Strategic Defense Initiative (SDI) was called "Star Wars" by the lame stream media? The same people whom you rely on for your horrible grasp of history.

Drew Kelly wrote:
"I believe a great # of modern historians already have already ranked W as being the worst Presidents in history so the bar is set pretty high."

What "historians" are those exactly? David Corn, Keith Olbermann and Rachel Maddow are not historians. You can't rank a POTUS two years after they left office when there isn't any historical perspective to do so.

BTW: POTUS Reagan is ranked 8th as all time best POTUS while POTUS Carter is ranked 30th. POTUS Washington is ranked #1.*

*"Presidential Leadership"

July 2, 2011 - 12:30 pm

Drew Kelly wrote:
"MG: Don’t believe Cold War was any more a war than War on Drugs or War on Hypocrisy."

Hate to be the one to break this to you, but the Korean War was part of the Cold War..We were fighting the ChiComs and the Soviets. I guess 54K+ American military deaths don't count in your bizzaro world of what is a "real" war. Of course you must believe that there was no Cold War in order to deny that POTUS Reagan's policies were a chief contribution in the defeat of the Soviet Union.

July 2, 2011 - 12:28 pm

Survey conducted for C-SPAN, among 65 presidential historians and scholars, 2/2009- W ranked of 36 out of 42.
Informal survey of 109 professional historians conducted by History News Network, (3/2009), 98.2 percent assessed the presidency of W to be failure. Asked to rank the presidency more than 61% concluded it was worst.

Not enough time gone by to judge?- maybe not, W was pretty good about keeping facts obscured.
Sorta like discussing climate change. Let’s wait a hundred years and see if there’s anything left on planet- than we’ll decide if it’s happening.

Greatest peacetime military spending in American history occurred under Ray.. (oops scribble, scribble) Raegan- this is sorta indisputable except to those for whom facts don’t matter. Korean War was not going on at the time there Cicero.
Don’t deny some good things may have occurred under Reagan- debts, deficits, and fuzzy math were not among them.
Not familiar enough with Carter admin to defend or not. Do know growth of GDP was higher under him than R. Believe Carter has done a tremendous lot of good for Americans and around the globe since his term- But I’m sure you’d disagree, as you’d likely disagree if I said Earth went around Sun.
Open-mindedness doesn’t seem to be your strongest suit.
Later

July 2, 2011 - 3:30 pm

Drew Kelly wrote:
"Survey conducted for C-SPAN, among 65 presidential historians and scholars, 2/2009- W ranked of 36 out of 42. Greatest peacetime military spending in American history occurred under Ray.. (oops scribble, scribble) Reagan- this is sorta indisputable except to those for whom facts don’t matter. Don’t deny some good things may have occurred under Reagan- debts, deficits, and fuzzy math were not among them."

Did you overlook that Douglas Brinkley of Rice University, a famous Ted Kennedy and Obama cheerleader, who was one of the three liberal historians that supervised your beloved C-SPAN survey, ranked POTUS Reagan in the top 5. See his quote below.

"When I'm sitting here telling you that Ronald Reagan and Theodore Roosevelt and Dwight Eisenhower were outstanding presidents? These are Republicans. I'm telling you Ronald Reagan was one of the five greatest presidents in American history. I'm not saying that because I'm a liberal. I'm just saying it 'cause it's a fact. " Douglas Brinkley

July 2, 2011 - 6:54 pm

Drew Kelly wrote:
"Let’s wait a hundred years and see if there’s anything left on planet- than we’ll decide if it’s happening."

Huh? The planet isn't going anywhere. Climate change, formally global warming, formally global cooling, etc, etc, is nothing new to Earth's 4.5 billion year history.

Drew Kelly wrote::
"Korean War was not going on at the time there Cicero."

Not going on at what time? You said that the Cold War was a phony. The Cold War era was from 1945 to 1989. That includes The Korean War.

Drew Kelly wrote:
"Not familiar enough with POTUS Carter admin to defend or not. Do know growth of GDP was higher under him than R. "

Post WWII deficit reduction ranking, #1 being best,, POTUS Carter is #7 and POTUS Reagan is #8. Is that the sort of deficit victory that makes Carter shine in your eyes?

Inflation under POTUS Carter was 11.8%, under POTUS Reagan it was 4.7%. Unemployment under POTUS Carter was 8-9%, interest rates were 20%. Under POTUS Reagan, unemployment went from 7.5% to 5.2% when he left office. The #1 GDP ranking of post WWII POTUS was LBJ, perhaps the worst war time POTUS. His GDP rank is followed by JFK, Clinton, Carter and then Reagan. So GDP is hardly a stellar barometer of POTUS leadership.

July 2, 2011 - 7:14 pm

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