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James Roosevelt Jr. on 'Your World'

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  • Description

    FDR's grandson talks economic policy, 2012

  • Duration 3:06
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This transcript is automatically generated

It integrates our Fox -- is presently side effects yet that go through the crowds and everything else but obviously dangers of do you thought stuff.

But I was worth it but he is a class that course all that -- migrate a belly of the grandson of the great FDR.

Himself and James could -- -- that I would stake do you get -- your grandfather because.

I did say leading up to you that this is kinda like the 1936.

Convention that renominated in ultimately the American people reelected in its.

-- that.

This big chance we took on big you're more involves.

You would argue helpful government.

Was being widely criticized by Republicans.

And the recovery wasn't quite there yet and and -- He sold it to Barack Obama well Neil first of all you're definitely worth it.

And I -- it.

Is that what you had to go through it and if you don't even want to know talked about -- that this won't allow people that I had.

Secondly.

I really think last night but first Elizabeth Warren -- Bill Clinton really summed up.

Where we've come from over the last four years which is what the stock market down around 8000 ounce up for -- thirteen thousand.

Jobs have been.

You know we were losing hundreds of thousands of jobs a month back then and now we've had 24 months of -- very similar to 1936.

When things were starting to move in the right direction but we weren't there -- -- think we aren't there yet right now.

Usage and its ability to -- Elizabeth Warren armed.

Do you believe this corporations aren't people -- what -- and -- computers so corporations are of course.

Staffed by people so they sell to people.

But corporations themselves are not people and that's where of course they are never over spoke -- know what they -- I always think it's just wanting to vilify companies that's fine you can have you been.

But it would be like looking at probably here's an android here is a blue chip here is it.

-- -- -- -- -- That sort of thing about fox on of people on fox but they're not citizens of our democracy and that's -- -- -- They are affectionate they -- they absolutely are not if you reduce -- hit really easy that's what you're saying this is inherent bias.

And and you at least -- more truthful in your presentation.

You don't like.

Corporate America actually I'm in corporate America I wrote a corporation.

Top side top bottom line bottom counselor you just don't trust companies and it comes through loud and clear yeah -- group -- -- yet went back at.

There's a danger.

You guys do this that gets back home people back Thomas and how -- these guys -- I think competition among corporation works better with reasonable regulations and that's how we got to ensuring 90% of our people in Massachusetts 99.9 percent of our kids.

Do you ever fear that we overdo the regulation thing.

I think we have -- times overdone and and then I think we -- all the way the other way I think president Obama's entering his back to the middle that's.

DR your granddad -- -- Barack Obama wanted to.

I think he would think he was a transformational figure.

And I think you would think that he was facing the same kind of tough odds that my grandfather FDR faced.

In 1933 to 1937.

It's always good seeing you James Roosevelt junior does -- grandfather.

-- of course.

It was Coinstar Politico -- -- Oregon has.

-- -- --

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