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Welcome to another edition Special Report on line I'm Bret -- if you haven't been here before welcome aboard this is a place where you can.
Comment ask questions of the panel.
It also vote on things right below here.
And we will take some polls throughout.
Our panel of course Steve -- and Charles.
We thought would pick up.
On 2012 since we didn't finish that conversation.
And -- take some more questions from.
Those folks typing in if you don't see -- comment right away don't worry there's thousands of them being put -- by producers as we speak.
Charles you're going to say about the you know these races and whether they are a sign of -- to -- things to come for whether Republicans can look at them like a sign of things to come forward the president.
I think it's extremely important because -- the the by election the special election happen in upper New York State.
And that was worth about six months ago and in spring.
Where of the Republicans lost the seat that had been held and there was pure campaign on Medicaid it looked as if there was sort of -- reversal of fortunes the Republicans have had this tremendous.
Win last Election Day and now that they had.
And gone out on a limb with the -- plan they had touched the third rail they were in trouble.
And the Democrats had a way to actually neutralize her by the hundreds of -- advantage and now what we're seeing is.
It's not working there was I mean that those swing in New York nine -- 28 points.
2010 which was already -- good Republican year.
So that is a huge swing and it has to do which stewardship in part it has to do with -- Israel's so it it might not be.
As applicable around the rest of the country but I think the fact that the attempt.
To make it about Medicare entitlements.
Did not succeed is really alarming if you're a Democrat because what else should -- -- And -- and Virginia says is there a danger that.
Republicans overplay this hand and twice twelve I mean -- this happens -- -- special election every party goes out and says this is a referendum.
The other part.
-- and so.
But there is a little bit more to it in New York -- Well -- -- here's what I think I think that that hot item of the moment is concerned over the economy and the president's poor performance.
In terms of economic prescriptions disappointment.
We see his poll numbers are.
Near historic lows I -- some of the post today had -- up a little bit.
But in general he's not doing well especially in terms of his standing and as -- Steward of the American economy.
Charles they asked the question though you know what else have you got when -- first say.
When the Democrats won on this issue with the Medicare Medicaid cut issue Ryan budget that was -- it's not as hot right now so it doesn't have that power.
Can that power continue I think it will continue because I think not only that but.
Things like Rick Perry talking about Social Security I think a lot of seniors are alarmed and lot of seniors who were Tea Party people may be having second thoughts with that regard.
But the bigger issue is this.
You can run against Republicans if you're a Democrat you can say you know what the president's numbers are terrible I don't see Republican numbers looking very good and I don't want any job prescriptions coming from a and this is one race the weapon tried to tie turner to the Tea Party He tried to date and time to the national party just didn't work in that case you know and don't forget this quickly just -- Steve that.
Do local politics here the whole same sex marriage in which is recent and -- -- was a big factor in this and the fact that Anthony Wiener had a sex scandal.
And I you know I'm John -- had a sex scandal in the Nevada race this this experience and memory He married a Muslim.
And I think a lot of the orthodox Jews weren't very comfortable when it -- He married her when He won reelection He would.
Whether he's been there an easy He had in any way He won 55% He won 55% of the vote.
61% on and 6139.
And -- attendance 22 point win.
But here's an army Obama ahead 55 -- Paramount leader himself how much of people are gonna.
If you're did you in New York you -- and actually opposing candidate he's united most I had to -- -- -- and lots -- -- -- if it's.
It's always the case that the party who wins these elections over interprets them.
And over analyzes them through them and and tries to hide them -- to their own advantage -- we say that when Democrats when was that Republicans went.
But I think what's really interesting here is a contrast with New York 26 in upstate because when.
And this and this is the this is the -- this is goes down -- candidates Republicans and Matt -- Republican was defeated in that race.
Ran away from Paul Ryan ran away from these issues -- -- nothing to do with it when she was asked directly about it said I don't wanna even talk about it.
That didn't happen with turner as I didn't mention on that show He was asked who his role models -- congress and He cited two people Eric Cantor.
And Paul -- He was not afraid to make these arguments to defend these programs -- to embrace these things I think if there's a lesson here for Republicans.
It's that you can't run away in especially when you have the house Republicans voted in favor the Ryan budget you have all what what five.
Republicans in the senate who voted in favor of the Ryan budget it's yours it's the Republican parties you need to learn how to defend that you need to own it.
Hell and by the way you have now a lot of people -- -- -- defending Anthony Weiner and his marriage.
-- our -- Show that's unique -- guest says Rick Perry.
Called Mitt Romney a liberal in Massachusetts -- this will become an issue.
Steve the Romney Perry cannon showdown in polls there -- -- top front runners they get a lot of attention.
But they are going back and forth Perry has conceded that Romney's raising more money than He is.
But it seems to be still at least so far.
Getting a lot of traction -- I mean -- I think.
With all due respect to the other candidates this is unless something dramatic happens.
Two -- race and what you're seeing in in the debates this week and that developments over the past week and a half.
Reflections of -- 22 man race these guys are going at it like they've been rivals for years.
Taken over each other's records distorting each other's records in in some cases.
And I think we -- likely to see this continue until a nominee is chosen.
I do think that don't -- that Mitt Romney has attacked Rick Perry on Social Security.
That concerns me deeply I think you have Rick Perry whom who in some cases has said things that.
Everybody else has said you have liberal economists who have called Social Security Ponzi scheme he's raised alarms about.
The origins of Social Security how it's paid for.
In some ways it's sometimes and serious and effective ways other times less serious some less I would say politically.
A stupid ways but argue.
We're seeing now that he's for ending -- that he's always wanted to and that when in fact Mitt Romney said.
Much the same things leveled many -- the same criticisms I think is demagoguery that we the kind of demagoguery that we've seen from Democrats on these issues it Charles.
Scott says Tea Party members old and new.
Have all said that team that so security is a Ponzi scheme.
And you know would've depending on how you determine that definition.
It can fit I mean for humans has had an analysis about it and if you pay -- to something and that's not going to be back on the outside.
At the end that it kind of fits the loose definition obviously doesn't call it criminal operation.
-- is parent making Romney a better candidate.
Yes and I think it would work field the way around as well.
I mean look if assume Romney wins this.
Two man showed.
-- -- -- There's something about succeeding in a heavyweight.
Found that makes you anyway.
I think it really helped Obama that in and to 2008.
That He saluted Clinton machine which was assumed.
To be irresistible.
And sort of something that one could never defeat that.
He gave him tremendous stature I think Romney has always been sort of the lukewarm.
The one who elicited lukewarm.
Support He was never seen as a heavyweight I think if He goes up against.
Perry who run who jumps into a double digit lead right away.
And has to battle one debate after another and succeeds I think instantly gives him.
Gravitas Perry as well I think He comes in and He goes against.
Romney a guy who's been running for what -- forty years non stop.
Perry is an obvious he's made a few novice mistakes but if He recovers.
And He wins I think it gives him stature so and they may make each other on the issues along the way but I think overall -- will help.
Either one whoever emerges as a nominee assuming it's one of the two.
Rick -- says we voted for cylinder first what happened okay.
-- Cylinder we talked about the investigation -- What about the overall effort to fund -- taxpayer dollars these loan guarantees.
Of companies that.
Arguably the market has not signed on to yet okay so.
When we went to commercial break after that conversation.
I turned to mr.
Krauthammer of the good doctor -- Charles.
Don't you take a -- his induction -- and -- -- -- influence -- -- limits are.
But the idea was the government.
Government does things that are supportive of emerging industries and sometimes failing industries.
-- -- those industries are competing with foreign competitors who are being propped up by subsidies that come.
From their government and in this case the battle took control and dominate.
Green industry which is -- clearly emerging market was being supported by the US government as you pointed out.
The Bush Administration.
As well the Obama administration.
Were supportive of this project the question is not about.
Government's role here in the -- the question -- about whether got overly -- Always say.
The government's role there there.
If the Department of Energy is on the board monitoring the company.
And we have 535.
Million dollars of taxpayer dollars.
In the game.
And the company then has a burn rate over one year of 535.
Million dollars a company of 100 people.
Mean doesn't make sense what -- the people the deal we members on that board where they.
Oblivious what was happening.
Well clearly what you heard earlier was a congressman saying they were lying to him I don't doubt that they were putting on a dog and pony show in terms the board meetings.
But I don't think that the government officials there were actually inside the books and aware of the deceit that mistake price Waterhouse Coopers in audit and they sent out a warning.
They sent out a warning but they did not say the company was about to go into bankruptcy.
How -- a warning is one thing especially member of the political -- that I'm not disputing the political pressures Rahm Emanuel Vice President Biden want.
This thing to work they want to get credit they want to look good.
Current Richard says in fly over Ohio won the market creates jobs not government Green doesn't work not viable.
That is the push back is He if He if solar is not selling.
What's to make you believe that with government help it will -- Seems to me that we are looking for emerging and alternate alternative energy sources in this world -- -- question about that.
-- the main question that we all think gasoline cost too much.
I don't think there's any question that there's a sense that.
Especially with growing middle class populations.
In countries like China.
The death is gonna cost more and that we would like more homegrown energy sources and if there's alternative energy.
We're those alternatives sources would create jobs in the United States we wanted to dominate those markets we -- when Germany China to be the key players.
-- I'd be happy to have Germany trying to -- the key players in government support of industries that are not yet right.
He can't support can't be supported by a market that's -- those are exactly the kinds of market satellite from China and Germany to two.
I I I think the bigger issue is when you have government involvement in something like this.
You can't rely on the honesty of a CEO who stands to gain 500 million dollars -- -- -- if that's our threshold for.
Private industry receiving government loans we are in huge trouble as a country.
The second point I would make is that the tragedy of Sandra in my view is not just.
The what 4000 some odd jobs that were supposed to have been created that are no longer.
What you had once the government came in with its 500 plus.
Million dollars was.
Funneling -- additional private money because they viewed -- as a better investment.
And it wasn't a better investments He had private money going to a company that was going down the tubes that -- spent spent and much more productive ways.
He had jobs that could have been created.
With the private with with those private funds that were never created so this not only becomes.
-- -- short term loss and I'm staying on the stimulus but it becomes a much longer term loss when you look at what what wasn't done.
In the absence of it's a lender of being handled an -- Private basis Joseph asks did someone just run the vacuum no that was the that was on the screen behind me when He gets darker we change the the screen it's amazing.
Charles the Green job push.
I think because it lets all be clear here this investigations going to continue.
They're probably going to be other things we don't know exactly where it's going to lead.
But like operation fast and furious we're going to cover -- and try to get answers and keep taking.
Let's assume that even at the end of this investigation -- it is his pressure.
It's not corrupt even though it looks as if -- because George Kaiser was a guy who was a big donor.
He had a favorite.
Advanced arm as He was number one and his his company was number one -- -- That's just assume it is not a corrupt dealings simply accelerating.
And a little cutting of corners in order to get a big photo.
This illustrates the larger point alarm was -- -- about tax deductions.
That are all over the tax code and don't -- like -- mortgage interest tax deduction.
All of these are ways that distort.
The allocation of capital that's why tax reform which would wipe them all out all of them.
No matter how worthy is what you want in the end in the most successful.
We we have that it was a partial tax reform.
He gave us a quarter century of economic expansion and the reason is that every time you make this a -- Hand out half a -- which is active or passively.
What you have is a tax deduction or credit if you do X that the government -- you that you wouldn't have done otherwise.
It's -- miss allocation of capital and it did it decreases.
Economic expansion in the end it hurts.
Every -- of that is why it has been extremely difficult to get major tax reform pass -- ten.
On Capitol Hill because of all the lobbyists and all the pressure for all of the deductions look at ethanol which is everybody greeting and Al Gore agrees is a mistake.
You can't get weaned off it because there's so many interest with a lot of who obviously a lot of money.
On Capitol Hill who wanted and that's true of the mortgage interest deduction healthcare deductions.
Of everything and once you out there in that causes what.
When economists -- caught once caught sclerosis is sort of it clogs up the system.
With all of these hundreds and hundreds of deductions which are all distortions.
And the economy slows you end up in -- -- just like we are now.
Why hasn't the president pushed harder for a bigger deal on tax reform.
-- -- -- -- When I think they want I think that in fact that I mean my understanding is that's one area where we're likely see some action but He hasn't talked about isn't pushed it.
He did Simpson -- came -- December.
He gave that the higher -- Heap and is not really embraced.
Publicly talking about tax reform in a proposal.
Kind of way.
I thought that in this latest deal that he's proposing you think he's saying some of the money would come from.
Closing loopholes ending deductions yes but He talks and a broad sense in the hands the keys over to the super committee.
Right so much like He handed the keys over to congress and health care.
Well in the super committee case in fact one of the concerns is that if He takes that money for his new stimulus package.
That He puts super -- much more difficult position but I think that there's widespread.
Support for this idea.
And when you have American corporations that don't pay any taxes I think it's indefensible it is part of it to -- there's a calculation in this White House that if He pushes something hard that He can't get Republicans over the line because he's backing it.
I think that they believe that.
That they think that Republican if you ask the White House they would say Republicans at this point so recalcitrant that they're not gonna support anything.
The president does I don't think that that's necessarily true if He had come.
Forward with some of the tax reform ideas that He had previously talked about and coupled them with other policies that Republicans could support I think He might have.
Had a chance what I think the what the White House is doing and they made it very clear calculation the political argument that works -- -- that passed fast that works in focus groups.
-- an argument that says tax the rich now there's no way that that actually works to fund the stimulus there's no way that you can actually.
Its first thoughts never gonna pass congress secondly its not gonna raise the kinds of money.
And third you have.
The president doing precisely what He himself said was bad economics in 2000 not.
It's a totally political move it's a totally political campaign we've seen the Democratic National Committee funding.
The website and the -- ad campaign supporting.
The president's trips you've got the president running out around the country saying pass this bill before he's actually been presented -- -- congress.
This is 100%.
Political but the White House is doing.
-- -- politics -- questions including Tony in Indiana about Elizabeth Warren.
She was the president's pick for the consumer protection agency.
Couldn't be put forward because of the controversy.
Didn't think that she could get approved for that she's now running against.
Republican Scott Brown for that seat that He won.
The old Ted Kennedy's seat of course it's America it's Massachusetts senate seat but.
It's been called for decades the Ted Kennedy seat.
What about that race Charles.
She is -- have a great liberal hope because He is the great.
Senator he's a man who disturbed the perfect order of things.
By turning the Kennedy seat held for 52.
Years I think.
Into a Republican -- that's not supposed.
To be done it's against the natural order of things and she is -- wanted to know.
Make it straight if I'm I'm mistaken this morning's New York Times there was no story that I could see.
About New York nine that there was a story on her announcing on the front page her announcing her run for.
For the ascendancy to at least it was on the front porcelain there was no senseless killings in the a section and -- really compared to the Enron coverage right.
Yeah well that's about the people who.
And that is the natural order of things when the times.
Exhibit its revised it has so openly.
But this is going to be very important it's gonna get a huge amount of attention I think she has a rough road.
To go because we brown has played this very well he's playing the moderate.
Like the other northeastern Republicans He knows how to be.
And not too.
Sort of antagonize.
His -- the the electoral base I think he'll probably do well that's going to be over race.
Once she is impressive than television interviews she's relaxed seems comfortable in our own -- can she.
Unite Massachusetts liberals.
To affect Scott Brown.
For army has to be seen I don't know how good -- -- she is she is good on TV I think she's effective and she certainly has a cause in terms of consumer protections.
She's got the credentials.
But I think that Scott Brown has been has proven to be a moderate.
You know he's arguably in the tradition of liberal Republicans and that appeals to this -- I don't think -- -- having trouble with that he's the one whose team comment.
So he's got a lot of reason for people who put money into -- are people going to trust -- -- -- Warren.
With their dollars in terms -- campaign contributions that's yet to be proven.
Noticed they were asked about Claire McCaskill and Missouri.
She is now stepped out and been critical of this second stimulus package that presents an.
New jobs plan she and a few other.
Democrats Mary Landrieu from Louisiana.
When Mattel web web Jim Wallis there's.
I think -- -- castle's been actually positioning herself.
To the right of the Democratic Party before -- -- you really go back and look at the question she was raising about.
Health care I think in anticipation of the next fourteen months she wants to be seen as an independent.
Senator she wants to be seen as somebody who's willing to question both parties in the -- in part because Missouri has become.
He could in spite of the 2000 election results has become -- increasingly.
Red state more difficult for somebody like Claire McCaskill.
To win that is incredible strength through it.
You've been left in I have a point newsroom is so clean now -- -- it.
That didn't until I realized that -- not have -- Think -- Starship Enterprise soon.
-- just students -- amended and I said everything I had to say okay you're done.
-- we're getting ready for this next debate and again reminder.
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Just go there you click on that.
And you get to the part where you can ask the question and we recommend video questions because they're.
Better and there are a lot of them from all over the world.
That we are going through thousands and thousands and thousands of people can vote on the questions right there there's really attracted bankers bottom explain the whole thing.
What we think heading into this.
Into this debate and where things stand terms.
Perry had a rough.
First debate and He had a -- second debate.
I think he's got to show that He can hang Internet whose numbers have not suffered yet I don't know if they well.
It could be that we.
You know cocktail swilling elitist intellectuals.
Over estimate the importance of debate.
So I could be completely wrong.
The people who write -- email -- could be completely right.
But right now He hasn't done that well and Romney insisting he's had this Achilles heel of Romney care -- He's managed to fend off the attacks on him in the debates rather well -- Would not have assumed because there's our party I think his answers are still not quite.
Ones that would be normally see there's.
Acceptable or at least.
Very strong and He says you know about federalism and He says well it applies to Massachusetts and -- the country.
Nonetheless He seems to have escaped on that issue and he's been he's polished so.
We'll see how much debates.
Account and we'll also see.
If Perry can step up to the Romney level which He hasn't yet -- says -- that macabre to the debate we would love to with the ball.
-- 1% in five recent national polls.
So far He hasn't one the set up to this today.
Well I think it's gang up on Perry and Perry hasn't done all that well -- but you know what.
Rick Perry has presence.
He has command I think and He has the spirit of the moment which is the Tea Party desire for somebody who can just.
Expressed their discontent with President Obama who can really take the fight to President Obama and they don't believe that and -- -- has that capacity.
So in -- to me it's it's an interest -- divided since the establishment Republican Party has lined up behind.
Mitt Romney I mean -- endorsement all that to me that's what that says.
But at the same time you see this passion that comes out four Rick Perry and so he's captured -- I guess whatever of the moment.
I don't know how you stop that the question is when you see the kind of -- -- -- repair that come from a Michelle Bachmann with the the virus it inoculation and I mean it just invites.
Derision you know if you -- what do you what's going on what is this conversation on the far right.
I I just don't get it this is it's puzzling to me but.
You know -- understand what the conversations on.
Looking at a lizards through a glass -- -- -- He -- you -- -- that you shouldn't inoculate young women again ICC should mandate and got.
Shouldn't man they're show you what would happen though.
Tell me if you agree some analysts said than done when Michelle Bachmann came out afterwards and then went one step further as she often can do.
And she started talking more about the science of the vaccines and less about that mandate part of it right the story at least in much of the media took off -- on that aspect of it and overshadowed what was a very effective.
Moments in the.
They -- I say you are exactly right and I say that not just because your name is on the show that.
Exactly what happened I mean she she had a good moment she challenged him.
I think there are lots of conservatives including people who support Rick Perry who are uncomfortable with the idea that He would -- had.
This kind of mandate even though he's now -- stepped back from its that I wouldn't have done that way I would've rather had an opt in provision rather than an opt out provision.
She had a good moment there and that makes it much better debate and -- had a week ago.
She stepped on our stepped in it after the debate when she seems to endorse what I think almost everybody in the scientific community regards as a conspiracy.
Theory about this but I swear it's a little bit on the -- and perhaps a question and debate -- might be the Bachmann.
Would you oppose.
I mandate that people have to inoculate.
Young children against the months ended -- diphtheria and other diseases.
I assume and I hope your answer would be yes and perhaps you -- -- explain why the first mandate.
Against the childhood diseases is right and a mandate against.
This -- cervical cancer.
Drug do vaccine is wrong I think going to be interest because it.
There are people I'm not not on the right but there are sort of wacky people out there who thinks that all vaccines are kind of invasions.
It's not conspiracies at least exposing children -- unwarranted.
Risk there was of Jenny McCarthy era there's a forget her name campaign against -- and damaged hundreds and hundreds of children's.
-- who weren't vaccinated and who got these awful diseases.
There's a terrible disservice so I hope it's not blanket issue of vaccines but it's only about.
This particular -- -- perhaps you can explain why.
I'll write it down but if you wanna put it in video form we have it and perhaps who use -- This little clip -- -- OK -- who work on that.
Rock from Massachusetts says I will remind.
-- 100 more times about the debate on Twitter.
You're right let's underscore bear.
-- your case in New Jersey am -- being received haven't seen any of my posts.
Guess I haven't been very profound tonight.
We are hearing you and seeing you move your media have weak case yeah obviously we haven't.
That is it first online Special Report on line.
Thank you they should set up the chat room says Tim and really Illinois.
Set up to chat room here during Special Report so we can comment on the panel during the show.
That's a good idea we might do that.
Okay that's if this suspect report online we'll see you next week.
I'll be in Florida in Orlando for the debate but we will have an online show we promise from Orlando.
No Mickey Mouse questions there.
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