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Arianna Talks About The Debt Ceiling Agreement With Lawrence O'Donnell (VIDEO)

Posted: 08/03/11 10:20 PM ET

Arianna appeared on the Wednesday edition of MSNBC's 'The Last Word With Lawrence O'Donnell', sharing her views on President Obama's role in the nation's debt ceiling deal.

"I think he needs intense therapy, to explain to himself first of all why he did what he did, because there is no rational explanation. There is no economic explanation," explained Arianna.

When it comes to Obama's reelection chances, Arianna added that the deal made no political sense.

"If this was all intended to convince the Independents that he's the most responsible grownup in the room, they're more upset by the deal than Democrats are -- and Democrats are going to stay with him. They're not going anywhere."

In Arianna's eyes, the most important figure going into 2012 is unemployment. Even with a debt deal in place, "there is absolutely no prospect at the moment that would make us believe that unemployment number is going to be below 9 percent. Now that is really the greatest fear for The White House."

WATCH (via MSNBC):

Visit msnbc.com for breaking news, world news, and news about the economy

 
Arianna appeared on the Wednesday edition of MSNBC's 'The Last Word With Lawrence O'Donnell', sharing her views on President Obama's role in the nation's debt ceiling deal. "I think he needs inten...
Arianna appeared on the Wednesday edition of MSNBC's 'The Last Word With Lawrence O'Donnell', sharing her views on President Obama's role in the nation's debt ceiling deal. "I think he needs inten...
 
 
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05:04 PM on 08/06/2011
For a Marxist analysis of the debt ceiling debate and the global economic crisis, see my interview in Revolution newspaper at
http://revcom.us/a/241/raymond-lotta-debt-ceiling-debate-en.html
Comments welcomed.
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HUFFPOST SUPER USER
TexasBahr
act as you would like to be treated
01:18 PM on 08/06/2011
Democrats need to take a hint from the Republican game book. From now on democrats need to refer to the crisis as the 'Republican hostage taking debt crisis'.
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HUFFPOST SUPER USER
thoreau101
10:42 AM on 08/06/2011
We need to assume that Obama was always, despite the lying campaign rhetoric, a right winger. Understand this and everything else falls into place.
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HUFFPOST SUPER USER
Douglas Turner
02:11 AM on 08/05/2011
Despite what any politician or leader says or does while in office, the only way things are truly going to change is when a majority of the average and above persons become aware of their struggles at the material level, are caused by the imbalance between the individual and the corporation. And a truly rectifying course of action will begin when at the immaterial level, enough of us (52%) awaken to the vast relationship between our perspectives (because thats what humans are/or how we operate) and the life/worlds/culture/society/systems that we create. That relationship is a whole perspective, like Eros and Agape, Yin and Yang, Life and Death... they/this are all One thing going on.
.
"The good ol' days" is a perspective, and is deeply subjective, and may not be shared by all as such.
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HUFFPOST SUPER USER
Douglas Turner
02:11 AM on 08/05/2011
I think this is Obama's difficult task, and it requires slow and tedious strategic movements. Like a small ship sailing a vast, vast ocean, gone off course some time ago... correcting course isn't going to happen in 4 or 8 years... this is going to take some time. Even the fact that he is in office, and the rise of a very questionable (and white) Tea Party with extreme conservative views, and aggressive actions is a social warning sign of cultural discontent that must be heeded. (While they may be crumbling now, they could be the first form of something more chaotic unfolding)

I think our President of The United States of America (let us not forget!) is very aware of three precious things: 1) the precarious position our country is in, on many different issues and 2) that we must remain united. 3) to remain united, and to safeguard while we are in a vulnerable state, we're all going to have to sacrifice something for the greater good of the whole. In addition, he is obviously aware that in 'steering off-course' one of the things we've realized is the (over) power (given and then taken) of the corporation. And that is going to be our biggest challenge—because this is at the heart of money and its problems.
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HUFFPOST SUPER USER
Douglas Turner
02:09 AM on 08/05/2011
There are many interesting detailed and informative comments here. I have appreciation for all of the insightfulness. We all seem to have the answers, sounding very rational. Yet if it were that "simple" why weren't decisions like the choices suggested made? I'm thinking that the public doesn't have the full scoop.

Just the same, if it is to be unfortunately so—Obama wouldn't be the first President mounting a re-election campaign to make a costly decision.

I might also add that I think it is difficult to understand some of Obama's positions because he is actually on the leading edge—the perspective that he takes makes space for ALL perspectives.

This is difficult for many of us to have awareness of. It cannot be argued that our country is divided again—Divided in such a way that our differing perspectives appear polar opposites. When in fact we are all holding onto our historical core values, because they inform how we experience, live, and create in and for culture. Individuals and groups are possessive by nature; we hold tight to all we consider dear. What sense does it make to even think that initiatives will fly when 40-60% of the nation is either for or against them?
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keithincali
Repeal DOMA!
06:44 PM on 08/04/2011
This debt deal is bad for democrats and the president. Obama thinks he got the better deal by attaching defense cuts as the trigger but republicans are sly. They know that Obama, or any president, will not allow defense to be gutted under their watch so Obama has no choice but to approve the massive spending cuts the republicans are going to cram down his throat.

Obama is in a lose-lose situation...if he vetoes their recommendation, the pentagon would take a big hit and he would get blasted by the republicans night and day, on every channel for gutting defense spending and not supporting the troops while fighting 3 wars. If he doesn't veto it, the country will face massive cuts in every other part of government. Which poison will he pick?

The only way to get republicans to the table and negotiate in good faith was to have a massive tax increase as a trigger...and that didn't happen. This is game, set, match for the republicans.

Anyone have a competing/different scenario they would like to share?
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keithincali
Repeal DOMA!
06:28 PM on 08/04/2011
The CBO predicts this debt deal will cost us another 1.8 million jobs by the end of next year. If that does happen, Obama will be gone. The republican­s could put up Donald Duck as a nominee and we would have a duck as president. Right now, there is NOTHING left in the government­'s arsenal to drive any economic improvemen­ts or job growth. It could cut taxes but that isn't going to help...com­panies are already posting record profits and they're still not hiring...l­etting them keep more of their money isn't going to change that.

The democrats and Obama should have demanded a very robust jobs bill included in the negotiatio­ns and any deal without it should have been vetoed. It would have been nearly impossible for republican­s to attack it. I think the republican­s have Obama right where they want him and if I'm correct unemployme­nt will continue to creep up and Obama's approval numbers will continue to fall all the way to the next election. It goes back to James Carville's famous quip...It'­s the economy, stupid.

If a republican wins in 2012 I really hate to see what's in store for our country. Something will have to give eventually and that something may be very ugly. Watching what these republican governors are doing in their states sends a cold shiver down my spine. They are not looking out for American workers, they're only looking out for America's wealthy.
HUFFPOST SUPER USER
Silverwolf72
Are We There Yet?
07:06 PM on 08/04/2011
well said
mhellie
90% of all statistics are made up
01:02 PM on 08/05/2011
Quit posting your repetive remarks on every post. They are long and boring..
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keithincali
Repeal DOMA!
06:43 PM on 08/05/2011
You sound like a typical conservative. You would rather I not post comments, which is a freedom of speech issue, instead of you not reading them.

Why can't you just choose to not read my long and boring comments? I've read a lot of crazy stuff on message boards but I've never told anyone to stop. I have a brain and if something isn't interesting I move on. It's pretty simple to do...you should try it.
This user has chosen to opt out of the Badges program
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dadw5boys
Disabled Vietnam Vet
04:31 PM on 08/04/2011
Stripping away Regulations has given the Banks and Wealthy CONTROL of the U.S. Economy .
Now the U.S. Government has to FEAR that Banks will stop all lending and SHUT DOWN the U.S. Economy if they do not get their way .

If I were the President I would declare a State of Emergency .
There is NO WAY that I would tolerate Banks or any Corporations dictating terms to the U.S. Government or the American People .
I would shut down their operations and kick all Forgein Banks out of the Country in a heart beat. Goldman Sachs would repay the U.S. Government for the Mexican Bailout because they got all that money !
03:56 PM on 08/04/2011
A guy who will order Somalian pirates and Ben Lauden and all his cohorts to be shot in the head isn't without the moxie to make a decision. So we need to take a look at the decisions he's making. He's not too weak to make a decision, he's making decisions progressives can't support. Time to take notice.
03:33 PM on 08/04/2011
If democrats "stay with him" Obama ,as you say ,then what? sit around and wait for his "change" to come,he,s almost 3 years into this term if he's reelected,(god forbid) then he'll have about a year then the 2016 campaign will start up ,Obama will be a "lame duck" and no one will even pay attention to what he says ,because the economy will be in shambles ,unemployment insurance will run out and you Dem's will have gotten what.at least a republican will create some jobs.,like they always do,Remember Odonnell is a self professed socialist, listening to him is like listening to Hugo Chavez
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keithincali
Repeal DOMA!
03:09 PM on 08/04/2011
Two things that should have been in the debt deal, a robust jobs bill and a trigger for revenue increases. We got neither. The republicans have to feel pretty giddy right now because they know the president will never allow the trigger to go off that guts defense spending in the middle of three wars. That being said, the republicans can now demand all spending cuts and no revenue increases and there's not much democrats can do about it.
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keithincali
Repeal DOMA!
02:58 PM on 08/04/2011
The CBO predicts this debt deal will cost us another 1.8 million jobs by the end of next year. If that does happen, Obama will be gone. The republicans could put up Donald Duck as a nominee and we would have a duck as president. Right now, there is NOTHING left in the government's arsenal to drive any economic improvements or job growth. It could cut taxes but that isn't going to help...companies are already posting record profits and they're still not hiring...letting them keep more of their money isn't going to change that. The democrats and Obama should have demanded a very robust jobs bill included in the negotiations and any deal without it attached should have been vetoed. It would have been almost impossible for republicans to attack it. I think the republicans have Obama right where they want him and if I'm correct unemployment will continue to creep up and Obama's approval numbers will continue to fall all the way to the next election. It goes back to James Carville's famous quip...It's the economy, stupid.

If a republican wins in 2012 I would really hate to see what's in store for our country. Something will have to give eventually and that something may be very ugly. Watching what these republican governors are doing in their states sends a cold shiver down my spine. They are not looking out for American workers, they're only looking out for America's wealthy.
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HUFFPOST PUNDIT
Marcospinelli
an old liberal Democrat, a 'New Deal'-Democrat
02:58 PM on 08/04/2011
Democrats have had everyone they need to do the job they were put into power to do for the American people. They don't want to do it.

The DLC-controlled Democrats aren't forcing filibusters, and Obama isn't taking to the bully pulpit because it might actually work to get Democratic voters' legislative agenda made into the law of the land and do good for the People. And that's not what Obama and DLC-controlled Democrats are there for. They are there to do the work of the transnational corporations, and preventing that are the liberals. 

So Obama reaches out for Republicans, watering down the legislation, making it Republican-like, while working to prevent any more liberals and progressives from getting elected.

Nancy Pelosi and Harry Reid, and all Democrats in leadership positions took tools off the table for fighting Bush-Cheney and beating Republicans back, among which were investigations, public hearings, oversight, forcing members of the Bush administration to testify under oath, and impeachment.

There's rarely a majority in Congress to pass anything at all until a campaign has been mounted to sell it.  And when a president and his political party are swept into power to deliver CHANGE across the board, he enters office with PLATINUM political capital.  Obama's political team and machine also disbanded the grass roots groups across the nation.  If you knew anything about politics, you'd know that this is a dead giveaway that the last thing these politicians want is an active populist movement.

Come the 2012 election, I'm voting for candidates who are willing to use all of the power and tools of their offices to achieve the average American citizens' ("the Common Good") objectives.  My votes, my money, and my shoe leather won't be spent on any candidate from the DLC-controlled Democratic Party.
HUFFPOST SUPER USER
Nardwilly
03:54 PM on 08/04/2011
Replying to your comment on the source of Obama's funds

From Huffington Post July 18, 2011

http://www.huffingtonpost.com/2011/07/18/obama-campaign-fundraising_n_901569.html

"Obama's campaign pulled in 47 percent of its contributions from donors giving less than $250, an indication that the president still has the support of the donor base that drove him to victory in 2008. '
04:08 PM on 08/04/2011
Time for third and fourth parties....Tea Party and Progressive Party. But everyone's too chicken to loose the 2012 election with party splits. Something's got to give though, because the 2 parties are coming apart at the seams.
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HUFFPOST PUNDIT
Marcospinelli
an old liberal Democrat, a 'New Deal'-Democrat
02:55 PM on 08/04/2011
Democrats enjoyed a greater majority in both houses of Congress than either party has had in decades.  Even without 60 (but the Democratic Caucus in the Senate had 60). But one example is that Obama didn't need 60 to pass real healthcare reform.  All Democrats needed was 50 plus Biden (reconciliation), which is what they did in the end anyway.  But Democrats did it, reconciliation, for a corporate-pork-laden bill with no cost constraints that doesn't provide affordable quality medical treatment for anyone, much less everyone (what they were put into office to get).  
Democrats also have refused to exercise the discretion that Senate Rule 22 allows: Making Republicans actually filibuster, instead of just threatening to do it.   

Rule 22 gives the SenateMajorityLeader the discretion to actually make the call. Filibustering is hard on those soft, pampered bodies. HarryReid has refused to make them do it, letting them merely threaten.  Reid should.  Americans love reality TV.  'Survivor-Washington, DC'.  

The few times Reid has forced Republicans to actually filibuster, when Democrats have really needed whatever the issue was (like when Jim Bunning threatened to filibuster over extending unemployment benefits), Republicans caved. 

Reid lets them merely threaten.  Still.  All that talk about changing filibuster rules, and nothing has come of it.  Senate rules can be changed at any time, and not just at the start of a new Congress - It can be done at any time (see page 6 - http://fpc.state.gov/documents/organization/45448.pdf ).

Nor is there just one way (or even two or three or more ways) for Democrats to get bills passed despite Republicans' obstructionistic tactics.  But first they have to want to do it, with the fierce urgency of now (don't click on that link, don't watch it, if you aren't prepared and can't bear to have your cherished illusions about Obama destroyed).

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