Arianna Appears on ABC's "This Week" Roundtable With George Stephanopoulos (VIDEO)

Arianna was a guest this morning on the roundtable of ABC's "This Week" with George Stephanopoulos, along with David Frum, George Will, Richard Haas, Martha Raddatz. Towards the end, the subject turned from international affairs to the bank bailout and the economic crisis here in America.

[WATCH]

[WATCH] Arianna discusses US strategy in Afghanistan

Watch the full round table here.

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Comments

[themodernleader]

When ideas are so innane or pernicious or exaggerated, or peculiar or dangerous that they can not be permitted to be read it proves that the power of censorship is also the power of a closed shop. The result: Human growth and development is stifled and stillborn for want of sufficient ideas to consider in making choices.

[FormerReaganite]

George Will tows the party line on every conservative issue whether he actually knows anything about it or not. For example, in his Feb 15 column, he out rightly denies global warming (as is his right to do so.) But Will is not a scientist, nor an economist. While one might expect some uneducated, uninformed nobody to follow along with the conservative bandwagon, it seems a terrible disappointment when seemingly intellectual Will never seems to take a fair, balanced centrist view on such major issues. But then, that's George being George.

[wagthedog1001]

Richard Haas makes some very good points here. The economy will turn around and inflation may be down the road. David Frum makes some good sense except he doesn't agree with putting a brake on the banks. Arianna seems to know what she's talking about most of the time except she simply hates Geithner. George Will hasn't had a new thought in years and years. Government supervision is the ONLY way we can get some sanity back in the banks and market. Government is law and we are a nation of laws. The freedom conservatives talk about is little more than anarchy and economic anarchy has brought us this mess.

[blueskybigstar]

I will never forgive George Will for defaming Anita Hill.

I will never forgive him for stealing Carter's debate notes and giving them to Reagan before their debate.

[brandalucia]

LOL Are you serious? That is a liberal urban myth. Anita Hill was proved a liar on her own testimony and Reagan could debate circles around Carter for days...PLE­ASE!

[Mintcondition]

Perhaps the doctor should stop spouting off and get to work. How long did it take you to find those contrived quotes?

[Todd Meyer]

actual decent debate on t.v.

[TARTUFFLE]

JOHN LENNON WOULD BE PROUD. "IMAGINE" THAT...ARI­ANNA IS ACTUALLY AGAINST THE "STIMULUS" PKG. WHO WOULD HAVE THUNK!

[Fotios]

WRONG. Arianna is against the bailouts. She is for the stimulus. Good try.

[HarryParatestis]

Arianna held her own

[Hawaii5-0]

As Will says, "govt should not be allocating wealth." He should be the first to speak out against the bailouts and the bonuses paid to AIG (A_IOU) and bank execs.

[IDIOTA]

Arianna is deadly when she's is armed with facts. Her mark-to-market quip would have scored some debating points. Good job -- keep it up!

[sonofsamphm1c]

Her attack on mark-to-market changes borders on the ridiculous. She's factually incorrect, the rule is not suspended.

[IDIOTA]

I refer to the fact that there is not a daily assessment of value but rather and assessment at the time of sale. Is this factually incorrect?

[ElTiante]

Not overtly suspended. However, if regulators are reluctant to enforce rules that should be enforced, what will happen to a rule that regulators are now told to only "selectively" enforce? If banks and ratings agencies could pressure regulators to back off from enforcement of "strict" rules, what happens to enforcement of a lax rule? Effectively, mark to market has been suspended because the central strategy here is to hide the fact that our largest banks are insolvent.

[John Lambros]

I do not think that it is obsolete to say that the left is dovish and the right is hawkish. The left has historically questioned (and should continue to question) the use of military force, even when it is provocative. The center left/right should make the ultimate decision. What has become obsolete is the notion of "winning" or "losing" a military conflict.

[Fotios]

Winning or losing wars is ok to discuss. We are not fighting wars right now. There is no opposing military. We are fighting insurgencies. We need to make that distinction and stop calling every challenge we face a "War."

If we look at insurgencies as wars, the only way we can win is to basically kill everyone who disagrees with us to any extent. If we look at insurgencies as what they are, a local population that wants to drive foreign invaders out, we can begin to discuss how we resolve the situation to our liking and get the F out of there.

[archtoplee]

"We have to start defining succees down in places like Afghanistan, Pakistan," says the smug elitist president of the premier war mongering think tank in America- the Council on Foreign Relations. Peter Haas thinks that US troops are to be used to kill and be killed for less defining reasons like winning and termination of conflict.

This foolishness of "lowering the bar" in misuing US troops in war is sold to Americans by all mainstream media outlets due to the fact that the CFR controls them all.

So you use US troops as expendable commodities for cheaper and cheaper reasons dreamed up by CFR controlled Republican and Democrat Administrations. Where is the "Change" ?

The reality is that the "change" is an illusion whether it is war or money policy. Here is history repeating itself due to it being pushed to follow the same CFR http://www.thenewamerican.com/economy/commentary-mainmenu-43/959u-43/959

[arniefluffkin4520]

I love George Will's last statement at the very end - "This is the world you want Arianna, this is the world you want, more government supervision of the economy" So true of all liberals.

[rshrink]

I really don't see the need of having Will on. Frankly, I would like to see more experts and less pundits. We need to focus on issues, not labels. We have problems that need addressed and wasting time on labeling and playing "who knows more," by pundits, is not going to help find those solutions. It amounts to playtime for the commentators and that is all. I like Arianna and more than that, am grateful that she gives a voice to many people. At the same time, I think it would be better if she would focus on her concerns and ideas and not on criticizing people who are just getting started on this problem. Yes, if you have concerns about how things are being handled, then express them. It is the way to promote getting answers and/or results. I don't think one has to condemn Geithner yet however.

[KayWrites]

1) Arianna is a pundit too.
2) Larry Summers and Paul Geithner aren't just "getting started on this problem." They've been inside it from the beginning, way before their appointments to the Administration. One was NY Fed chair and the other hip-deep in the Treasury in the Clinton administration, instrumental in the dismantling of the Glass-Steagall Act (one of the major reasons Wall Street went on a drunken unregulated rampage). Both have been involved in Wall Street for DECADES.
3) Expressing concerns about how things are being handled? That's exactly what Arianna is doing. Geithner and Summers are so ingrained in Wall-Street-think they can't conceive of any "solution" except giving rich Wall Street crooks and insolvent banks - which are NOT using the bailout money to loosen lending to get the economy going again - more money. Arianna not criticizing them is not going to fix that.

[FormerReaganite]

We need to have government supervision of the economy for one important reason: There are a lot of greedy, dishonest criminals running it!

Free-markets only work well when people are honest, and lack of honesty pretty much shoots the thing down. No one is talking about converting the U.S. into the Soviet Union, as all paranoid conservatives fear. We just want fairness and honesty. Is that too much to ask?

[Hobay]

What a load of nonsense. Jimmy Carter lent money to Iaccoca's Chrysler with no such outcome of expectation. This is George Will's boogieman: Liberal control of everything. It has no basis in reality whatsoever.

[Fotios]

YES! When new drugs or weapons or technologies are introduced into society, people have no problem making laws to govern how people use them, but when new financial tools or practices are introduced into society, it's bad to morally govern how they are used? I call BS.

There can be such thing as over-regulation that can cripple a business, but that shouldn't prevent people from making laws that protect people, society and the economy. It's all about balance, people.

[brandalucia]

Yes, I continue to thank those few friends who voted for all this change - they are questioning their decision of last Nov., finally. One of them is an accountant­...now he is VERY concerned with what is coming down the pike.

[Leftfield321]

"You cannot legislate the poor into freedom by legislating the wealthy out of freedom.

What one person receives without working for, another person must work for without receiving.

The government cannot give to anybody anything that the government does not first take from somebody else.

When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation..

You cannot multiply wealth by dividing it.."

~~~~~ Dr. Adrian Rogers, 1931

[KoolBreez]

"...When half of the people get the idea that they do not have to work because the other half is going to take care of them..."

The bankers know that the tax payers will take care of them..

[FormerReaganite]

Nor should we rob from the poor to give to the rich.

[Hobay]

You sure can legislate people into the poor category though can't you? Gutting bankruptcy laws for personal debt, relaxing usury laws for banks and credit cards to become loan sharks to the poor. I could go on and on and on, but I doubt you care.

[rshrink]

Tell that to Jesus who shared bread and fish. What you fail to realize is that rich men have made laws to suit rich men and to keep them rich, keep wages low, even if that means sending jobs overseas and then they put their money in offshore banks to prevent having to pay taxes, like the rest of us do. So, your ideas are tired and missing the numerous points which are now fairly well known by those who care to know.

Dr. Rshrink, 1936

[Fotios]

The top 1% of the US population control 50% of the wealth. That didn't happen because they worked harder.

When the Govt. passes tax cuts for the rich, it is with the preconceived notion that it will go back into their business, creating jobs. However, when executive salaries continue to exponentially grow compared to average salaries, that money isn't going back into the businesses. It is being hoarded by the greedy. I see no problem with setting salary caps and mandating that excessive profits be put back into growing the business or increasing employee compensation. How and when to enforce it is a very difficult problem though.

[FormerReaganite]

The money gets invested all right: overseas. How does that create American jobs? If the wealthy receive tax cuts, it should be required that the capital gets invested on our own shores. Invest overseas, no tax cut. Simple.

[mjc]

Arianna, you had quite a lot to say on THIS WEEK and even won the grudging support of Geo Will! Did not realize that you had some of the same reservations about Geithner and Summers as I do and as Paul Krugman and Stiglitz does. And Martha Raddatz seemed almost closed down because you were the go-to woman there. Really liked what I heard from Haas and even Frum, although I think of myself as a liberal/pr­ogressive. Pinning the Obama administration down on their economic team is essential if we ever want to rid ourselves of this recession/­depression­.

[sonofsamphm1c]

Pinning the Obama administration down is most likely going to rid us of Obama and the Democrats.

Time to figure out who you are for.

[rshrink]

Agreed. I also did not like how she was going about this.

[rabiddog6708]

Please read this great aricle in THE ATLANTIC entitled "The Quiet Coup." It is one of the best I've read regarding Wall Street's ownership of the US government:

http://www.theatlantic.com/doc/200905/imf-advice