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Ed Schultz, Lawrence O'Donnell Clash Over Rick Perry (VIDEO)

09/08/2011 09:02 am ET | Updated Nov 08, 2011

Ed Schultz and Lawrence O'Donnell clashed over Rick Perry's candidacy in a discussion after Wednesday's GOP presidential debate.

Schultz said that Perry's insistence that he viewed Social Security as a "Ponzi scheme" would play well with the Republican base, and especially with young people. "He's selling the next generation that what we did for the last 70 years isn't where we have to go for the next 70 years," Schultz said.

O'Donnell flatly disagreed that Perry's views would help him. "He's saying it's a criminal enterprise, ok?" he cut in. "That demographic doesn't know who Ponzi is. Charles Ponzi was a Boston criminal."

"The point that he's making, Lawrence, is that the money's not going to be there," Schultz tried to cut in.

"Rick Perry sunk his candidacy tonight," O'Donnell continued. "Perry cannot surivive on his Ponzi scheme campaign about Social Security."

"It's one facet of his campaign!" Schultz shot back. "It's the biggest one," O'Donnell said. Eugene Robinson and Al Sharpton then joined in with their take. Sharpton said that, even if Perry's Social Security rhetoric played well with young voters, the people who voted in Republican primaries are older.

"He just told them Bernie Madoff is who gave them their Social Security!" he said.

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