You're watching...
Author Ann Coulter breaks down the criticism of the Tea Party and downgrade of the U.S. credit rating.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Like John Kerry and David Axelrod have been blaming the tea party for the US downgrade earlier today spoke of Ann Coulter author of her new book demonic.
And asked her about the liberal blame game -- -- -- It's really amazing I don't know if it shows how powerful -- mainstream media still as.
Or -- Democrats just think the mainstream media is that powerful.
It's not like the reason -- economic trouble the reason for the downgrade is some mystery and who's to say -- sounds like.
You know some.
Exotic disease -- -- severe we're spending it too much money which party spends all the money which party keeps going on TV saying we promise we won't touch your Social Security we won't let those Republicans get their hands on your Medicaid or Medicare.
Well that's what's bankrupting the country everybody knows Republicans don't like the government if we hadn't gone -- and not capped.
Introducing bills to try to cut spending and raise the debt ceiling at the same time.
Then -- -- would make sense that Republicans would get blames if the government shut down blame nor credit but I have kind of comments like -- but here and they'd love to spend money.
Here's my problem.
When they're when and David Axelrod comes out -- points the finger at at the Tea Party.
For no reason because Tea Party were the ones -- try to cut spending and then John Kerry and the list goes on and on and on.
But the mainstream media doesn't call and doesn't say hey what are you talking about that's absolutely wrong.
What this thing is these books are so -- when these guys on these talk shows it's completely unfair.
Yes and moreover we were just talking about you know what the media is saying what the politicians are saying.
How about what the head -- S&P is saying when -- blames it on oh gridlock and it took some too long to raise the debt ceiling which she has has sad.
-- so another words of -- worth cleaned up ceiling raised we would have kept our triple A rating but only because it was a debt ceiling raised.
Come blind with spending cuts.
That's what game SMP the shakes.
I think we're going back still your and my point to Eric that S&P may need to be investigate.
In May be investigative -- I'd slice that would John Chambers did managing director of the S&P -- group did downgraded.
The US debt this morning and I asked the -- what's what's the problem here He said well.
There's debt to GDP ratio is expanding and it needs to stop and I stopped the minutes -- wait a minute.
Paul Ryan had a plan to stop and reverse it -- said.
Though there were Tea Party years there were there are fiscal conservatives in DC who remember the balanced budget amendment member that will think what I would have stopped net debt to GDP ratio from expanding right.
So would that.
Turn around your downgrade to make it you don't allow us to go back and -- He dance honestly and He danced against yes turns out.
He didn't really have an answer until after the cameras were off.
When He said well well He had that would work I was like okay or why would you say that five minutes ago.
What he's going right and that is not my -- And that's not what he's saying on other programs it is any is like an Alice in Wonderland world where you have Republicans trying to cut spending again this isn't hung crazy mystery what's happening what ever happened why -- that's a large our debt is large because we're spending more than we have.
Republicans want still cut the spending.
And S and he's saying is is talking has asked.
As if it's you know Barney Frank -- Chuck Schumer how dare you threatened to take away people's Medicare work.
We're downgrading your bonds it's madness right now what's -- about Barney Frank for second over the weekend He cannot -- -- part of the problem is all of this military spending.
And win and that know that it's the one thing they want economy -- away I mean as US tax.
Hugs generally.
As we've talked about before -- plenty of people they're -- ways I think taxes can be raised like by eliminating all but special tax.
Subsidies tax credits all the ways that liberals engage in social engineering and reward their special friends.
Similarly there's plenty in the defense budget that can could get -- like all of their sexual harassment training you know civilian employees.
-- planning -- could be cut but the way Democrats just automatically go to cut defense.
And raise taxes they never want -- cut the parts of defense we need to cut.
They want to do it in such a way that will make the economy worse I will get even less revenue into the government.
I'm so we've what Democrats really wants is more revenue to the treasury -- be in favor of lowering taxes capital gains tax for example.
But to the contrary that isn't what the Democrats want what they want is income redistribution.
And and then hasn't He turns around and carry and the rest of them turn around and blame the Tea Party -- It is an Alice in Wonderland -- less.
That last thought and before we let -- the the treasury mentioned treasury Treasury Secretary Tim Geithner says he's staying on.
Represented Allen west says about Geithner leases when He opened the refrigerated nor the light does.
Go on.
I would think anyone who has any position of responsibility in -- in the Obama administration -- right now who was not screaming from the rooftops.
We have got to cut spending we've got to reform entitlements please come and and let me tell you why the Ryan plan is very important and if anything it's a little bit of a weak -- for what this country needs right now anyone who has not saying maps.
And that it would be every member of the Obama administration.
I'm should -- -- because Democrats are simply lying they don't care if this country becomes Zimbabwe as long as they keep getting elected to pay Ann -- Great to have you on the show again.
Great to talk to you Eric.
