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Posted March 31, 2009 | 08:03 AM (EST)

Arianna Discusses Steps for Solving Financial Crisis on CNBC's Squawk Box


Arianna joined CNBC's Squawk Box crew to discusses Obama's plan to save the auto industry and what needs to be done to solve the financial crisis.

Watch the full segment below:












 
 
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HUFFPOST SUPER USER
janforgoodusfuture
European medical doctor/scientist fascinated by US
01:39 AM on 04/01/2009
If fifteen million wealthy amaricans got around to spend a little bit of their money, they could easily beat Barack Obama's stimulus package. if they spent 150k on ANYTHING, for example cars or extending houses, that would be a 2.25 trillion stimulus package. With all the breaks you have had over the years rich guys, take your responsibility now and spend some cash...
11:26 PM on 04/01/2009
In 2006, there were approximately 116,011,000 households in the United States. 1.93% of all households had annual incomes exceeding $250,000.

http://pubdb3.census.gov/macro/032007/hhinc/new06_000.htm
10:08 PM on 03/31/2009
Arianna Huffington,
You did a terrific job this morning. When Frank said that you had an agenda,
he was right. Your agenda was to get an honest answer. You did a great job.
09:34 PM on 03/31/2009
That was good ... well balanced ... a thoughtful message delivered with grace wit charm and poise.
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HUFFPOST SUPER USER
PhilipTaylor
Legalized Bribery is an Oxymoron - must END
08:54 PM on 03/31/2009
O' Can F1X this:

1. Each Congress Member receives $3.5 Million/four years (average) from WS and WS related Committees members far more? $5 Billion/ten years from WS to Congress?

2. Reverse 1,000 to 1 RULE: Who gets WHAT? Main Street = $1 Wall Street = $1,000
Main Street = Tough Love! Wall Street = $TRILLION LOVE!

3. Not "1" WS Executive (except merger/nationalized) Fired, Fined, Investigated, Prosecuted, or Convicted! Creating worst Crisis since 1929! Misrepresentation of Products/Services and Complex Schemes Skimming-Off $Trillions into Employees' POCKETS!

4. CORPORATE TAX HAVENS: 11 bailout: AmEx, AIG, BofA, Citigroup, GM, GMAC, Goldman Sachs, JPMorgan, Merrill Lynch, Morgan Stanley, Wells Fargo. More than $227 billion to Caymans/Switzerland! Senat0r 0rrin H@tch said 0il Companies thre@tening move to
Sw!tzer1and if we raise their taxes! Move and tax the HECK out of their IMPORTS/at PUMP! Conservation/Alternative Energy reduces OIL Prices!

5. "Socialize/Nationalize" FED!

6. Largest Transfer of Wealth in World History from 99.9% of Main Street Americans to Wall Street by FED/Treasury!

7. R0BBED Americans' Pensions: 40%-100% loses!

8. WS makes between 300-400 times what Main Street people make! Can they justify 1 to 1?

9. Bankers manufactured $700 Trillion in Toxic Paper shutting down The Consumer impacting every car company in the WORLD including the Big 3. Even Japan is having to BAIL OUT TOYOTA!
08:18 PM on 03/31/2009
I love this woman - beautiful, with unbounded intelligence. Now y'all know who I fantasize about!
07:50 PM on 03/31/2009
Is someone being prepped for their own show?
06:55 PM on 03/31/2009
This was refreshing after the onslaught of embarrassing commentators in the corporate media. I wish such a brilliant analysis wasn't so rare. Thank you Arianna. Rev. Bookburn - Radio Volta
08:02 PM on 03/31/2009
The economic recognition given to Krugman, righteously belongs to Arianna. Good show lady. And actually a kudo to CNBC for offering viewers something better than the phony drivel of Kramer and other pundits.
outnow
Ban the bomb
05:52 PM on 03/31/2009
It isn't a right vs. left thing; it's Capitalism 2.0. OK. Whatever. I guess nationalizing the Fed is out of the questions. That's Capitalism 3.0.
TotallyAmazed
Still amazed, and totally so...
03:34 PM on 03/31/2009
In conversations like this, it's very easy to drift off when things get monotonous, but Arianna was terrfic with the details and with her courteous difference of opinions. So often people come off as loud, overbearing and very much arrogant when they believe what they have to say is right. Arianna struck the perfect tone with everyone, and I particularly liked her way of talking with Barney Frank. I happen to like to BF and believe he's very much on the ball. He and Arianna both came off quite well in that segment of the show.
03:27 PM on 03/31/2009
Wow. Arianna "strikes the root," attacks the causes, not the effects. Hooray!
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HUFFPOST SUPER USER
toosinbeymen
02:08 PM on 03/31/2009
She hit it out of the park. I didn't hear anything from Arianna Huffington that I disagreed with.

She's brilliant and I like her perspective on Geithner and Summers.

Obama REALLY needs to bring in some rivals such as Krugman, Stieglitz and Galbraith.
12:03 PM on 03/31/2009
I couldn't believe my eyes and ears this AM! Is CNBC actually trying balanced, intelligent discussion for a change? The recent comparisons to Fox must have finally hit home. I generally tune in to hear what the market shills are up to each day; but this was a very pleasant surprise. Well done!
11:35 AM on 03/31/2009
Congratulations Arianna, great job!
Thank you for being a patriot and saying it like it is.
I wish President Obama would understand and act accordingly!
11:27 AM on 03/31/2009
Barron's details AIG's gift to banks...editors: please pick up this story.

http://blogs.barrons.com/stockstowatchtoday/2009/03/31/web-site-details-aigs-gift-to-banks-backhand-to-taxpayers/
10:51 AM on 03/31/2009
I had some quibbles with Arianna as she spoke but I don't remember any of them now. My quibbles weren't important, serious or substantive. To echo Arianna, why doesn't Obama trreat Wall St as he treats Detroit?
Like many of the mavens of finance, I find that I can't learn to think that there isn't a financial structure anymore. I hope that I can learn to function without the old structures since they have been completely destroyed & I hope that somebody like Ms Huffington explains how the new economic structures will work if & when they are built. I've gotten to the point that I no longer trust the old CW or those who continue to purvey the old CW. I'm waiting for new, practical, financial structures to be built but I'll reserve judgment on their practicality till they operate for 2 years or more. I'm more unsure about what the new economy will mean to me & I can be only cautiously excited about what may come next. I may be infected with a nostalgia for the old but the old structures will never be restored.
It looks like I'll be drinking hot, black, coffee by the gallon for now, no sugar.
11:55 AM on 03/31/2009
I doubt that all of the aspects of the older financial structure will be replaced, and nor should we want so. If anything in with the supposed good & out with the known bad!