Tonight's guests:
- Barney Frank, Democratic congressman representing Massachusetts' Fourth District, ranking member of the Financial Services committee
- E.J. Dionne, Washington Post columnist, Senior Fellow at the Brookings Institution, and author of "Our Divided Political Heart: The Battle for the American Ideal in an Age of Discontent"
And here's executive producer Bill Wolff with a look at what's coming (cue soundtrack):





IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS: Westinghouse, Research in Motion, Boeing, US Cellular, Commerzbank, Iberia, ING, Ericsson, Bristol-Myers, corning, Boston Scientific, Abbott Labs, St. Jude, Caterpillar, CVPH Medical Center, Lightyear Haqwker Beechcraft, Pepsi, Research in Motion, Energizer Holdings and the stock market has lost over 500 points
For all those employees who lost their jobs that voted for Romney I'm sorry you have to suffer for the stupidity of 50% of America
And for those employees who lost their jobs that voted for Obama you have no sympathy from me you got what you deserved
LMAO
a little butt hurt? sore loser!
see you still have no idea whats going on.
oh Romney got 48%
Well its ok they got the problem solved over at the Wall street journal according to By Sara Murray and Patrick O'Connor | The Wall Street Journalhttp://finance.yahoo.com/news/how-race-slipped-away-from-romney.html
It seems robme didn't have enough money after the primaries. LOL
Thanks for the info whomitmay.
Did you hear that the people who worked for Romney, had their credit cut off at the end of the evening, and they could not even get cab fair home after closing up his shop late election evening. What a cheap-skate. I guess that was what he was doing while he made everyone wait for him to concede.
LOL
see where Wall Street has a little romney problem,as in they put some much into him and he lost,, now Wall street has not only Obama back and he owes no one there much, and SMILING WARREN just for a side pain in there a$$es!
but seems maybe BiBi has the same problem of backing the wrong guy.
This election is the gift that keeps on giving.
This was obviously a planned event by these companies in response to President Obamas' relection. I doubt this would have happened if Romney were elected. That being said, the GOP and their supporters would rather play revenge of the stupid rather than actually band together and put the country first. And blaming Romney's loss on Sandy is wholly delusional. Wait...since the GOP is SO big on religion, and Sandy was an act of God, wouldn't they say that God wanted Obama to win?
These layoffs were obviously a planned response in the event the president was reelected. . I doubt this would have happened if Romney were elected. That being said, the GOP and their corporate supporters would rather play revenge of the stupid rather than actually band together and put the country first. And blaming Romney's loss on Sandy is a crybaby's response. Wait...the GOP is always invoking God's word and God's will, right? Sandy was an act of God, right? That being said, one could conclude that God wanted Obama to win...right?
Bhull- do you think or just write? Your blather makes no sense whatsoever. Many of these announcements have been coming for months. You think a large corporation,with a healthy order board and lots of customers to satisfy would lay people off out of spite, thus giving orders to the competitor? Would you also be one who would use terms like corporate greed?
Yes! Exactly what I was going to post. After all, seems God threw the election to Obama. Hey, wasn't it the Republican Romans that crucified his Democrat Son?
The above was intended to post under Bhull3's post.
Then this means you're debunking the claim that Obama's re-election is the reason for why these companies made the layoffs. Good to know.
@Maek - Don't worry we got your point, rust just tries to put anyone who says the opposite of him down. We are use to his blather. he spreads it all over the vine.....LOL.
TRFjr.
Can't you Repugs EVER stop LYING, even AFTER the election when it doesn't make any sense to lie any more???? And can't you EVER stop cut and pasting BS????
http://twitchy.com/2012/11/08/layoff-bomb-detonates-large-corporations-join-small-businesses-in-announcing-mass-cuts/
1. WHICH Westinghouse? Westinghouse has MANY business units, most of which are doing very well. They are shutting down at Anniston because their work there is done.
2. Research in Motion (the company that does Blackberries) has been in trouble for a LONG TIME! They have been laying off for a LONG TIME!
3. Boeing? ARE YOU KIDDING? Do you ever follow Boeing? Talk to some people in Seattle - they have periodic layoffs ALL THE TIME!!
4. US Cellular just sold off some of its business to Sprint - when a company sells some of its business to another company, there are always some layoffs as the new company replaces workers with its own people.
5. Commerzbank is cutting jobs - in Europe.
6. British Airways is cutting Iberia jobs - in Spain.
7. ING is cutting jobs in Europe because they have a 64% profit decrease last quarter.
8. Ericsson is cutting jobs in Sweden
9. Bristol-Myers sold off Abilify and all the jobs that went with it. Otsuka- the buyer - will probably hire those people.
10. Corning is planning "modest" layoffs but they announced that in October - NOT within the "last 48 hrs".
11. Boston Scientific has been laying off for a while - NOT in the last 48 hrs - looks like it is going to stop with the new CEO.
12. Abbott Labs is planning layoffs but they announced them in October - NOT in the last 48 hrs.
13. St. Jude - NOT the CHILDREN'S HOSPITAL also announced layoffs in October but that is because of slumping sales of its heart devices.
14. Caterpillar announced layoffs in October - NOT in the last 48 hrs - due to slumping worldwide sales.
15. CVPH Medical Center is cutting 17 in Pittsburgh as a result of belt tightening
16. Beechcraft is trying to exit a Chapter 11 bankruptcy - it is closing plants to try and survive.
17. Pepsi HAS NOT announced any new layoffs within the last 48 hrs.
18. Research in Motion - putting their name in twice??? Do you think that makes the story better?
19. Energizer Holdings announced Nov 7th it is cutting back worldwide - WOW that's the FIRST ONE YOU GOT RIGHT!!
SOOOO, it seems that those companies that announced layoffs BEFORE the election WERE trying to hurt OBAMA - too bad - didn't work!!!!
As for the stock market???? Yea, there was a bit of a buying spree on Nov 6th when Kudrow and the others INSISTED that Romney was going to win and get rid of Dodd-Frank. But then Obama won and all those people tried to get rid of what they bought which started the sell-off but Europe and China caused the sell-off to be sustained. Look at what happening with in Europe and Asian stocks. Those stocks couldn't give a DAMN about our politics!!
What the stock market is REALLY worried about is the "fiscal cliff" - you know - the one caused by the Republicans??? WHY do you REALLY think that Financial Times and the Economist came out in support of Obama????
SOOO TRFjr, WHY are you LYING NOW when there is no need to do so???? Is it something you have to do to be a Republican these days????
I flagged Jeffery Hart's posts as "No Value", but unfortunately he and many others posting here show us what "ABSOLUTE HATE" the extreme right has generated against the 51% of the rest of us.
Now isn't the time for this - now is the time to come together just as we all did when Bush was re-elected. Our President needs our support - it is what true Americans do!!
LOL,
think someone is still feeling a little hurt that he was lied to by fox and rove and the whole right/wrong wing.
you will be ok, you can just pull yourself up by your boot strings. you know put your big boy pants on, lace up those boots and join in the taken our country Forward to a better place for ALL Americans ALL the Time!
LOL
i hear Wisconsin has lots of cheese, and California has some good cheese as well to go with your whining!
sounds like you might have a hard time lacing up your boots so maybe some velco would work.
Jeez, this guy Jeffery Hart has the worst case of mental diarrhea I've ever seen. I can't read his posts anymore since I have him on IGNORE, but the SHEER NUMBER of them! And it appears he is responding to himself since nobody will respond to him.......
Will, isn't there anything in the TOS for people like him?
LOL some more.
he does seem to have a case of the constipation of the brain and diarrhea of the finger tips/lips.
maybe you need to lay off the caffeine,,as it will be ok, the sun still comes up over there in the east and sets here in the west.
take a deep breath and relax a little, you may fine that its not as bad as its been told to you it is.
U mad bro?
LOL
Flag all his responses as inflammatory for insults to Maddow and no value for spam
Duh, absolutely no company is laying off due to the election. That blather was put forth up above by Bhull, who seems to be an obamaite. The layoffs are because the economy is tanking. Has zero to do with the elections because this has been going on for a number of months (recent unemployment data notwithstanding, of course).
Cartoon, don't you read? Good to know, it wasn't the election, it was the Obama economy.
I'm tired of hearing this wasn't a decisive victory and the President doesn't have a mandate. President Obama won eight of the nine swing states. 3 million people is a pretty large popular vote margin. Sure it's not as big as 2008, but in 2008 people who weren't in swing states were still inspired to vote for President Obama because of the unique circumstances. In 2012 it was clear this was going to be a swing state election, so people who aren't in the swing states didn't feel their participation was as valuable, so many of them didn't vote or voted for third-party candidates. Despite the fact that our economy is at 7.9% unemployment the American people gave President Obama a second term declaring he's still the best man to handle the economy. Republicans may have held onto the House but this is because their districts have been gerrymandered to death. Add on the fact that Democrats ran the tables with Senate victories and there were many significant victories for progressive ballot initiatives. I don't know how this election could have been any more decisive.
The mandate may have not been overly policy specific but it was definitely clear. The people voted in a clear way for raising taxes on the wealthy a little bit to make a big deficit difference. We voted for women in all sorts of big ways. We voted for Democrats because we believe they hold more of the positions we need to move toward. We voted against divisive politics and obstruction. We voted for Obama care(s). We voted for government because we want an effective government. We voted for reduced defense spending. We voted for Medicare not vouchers. This only scratches the surface of the mandates this election produced. If we really want to get things done, mainstream media cannot continue to say there isn't a clear mandate simply because they believe their duty is not to choose sides. Even worse you can’t simply say both sides have to give. This is obvious but this election was about deciding which side has to give more. Don't worry, you're not choosing sides, we chose sides and it's your responsibility to report it, so everyone including Republicans, know it. It may not get through to most of them, but that doesn't mean you don't report it, the way we voted for it. I hope TRMS and everyone else for that matter is on this until the mandate is clear and actions are taken.
I dunno why, but this just seems to me like a fitting song for the end of President Obama's successful campaign for a second term. Go President Obama!
THIS MAKE ME CRY OBAMA DON'T CRY
http://www.youtube.com/watch?feature=player_detailpage&v=pBK2rfZt32g#!
Look up the election in Brasil, they r so a head from us.
Take one minute to vote, the Computer read your fingerprint and than you just press the screen to your candidate.
Also is control by the Federal Govern...
Look up the election in Brasil, they r so a head from us.
Take one minute to vote, the Computer read your fingerprint and than you just press the screen to your candidate.
Also is control by the Federal Govern...
Two of my favourite guests coming on . I look forward to Rachel's show.
Eight minutes to Rachel's show....seven minutes to Rachel's show...
Look up the election in Brasil, they r so a head from us.
Take one minute to vote, the Computer read your fingerprint and than you just press the screen to your candidate.
Also is control by the Federal Govern...
I would like to see the Congressional Republicans compromise over the fiscal cliff, taxes and the budget. But I fear they are more interested in keeping their jobs than doing what's best for the American people.
What happened to Senator Richard Lugar is a case in point.
It is all because Grover Norquist has regenerated the same "pressure politics" developed just over 100 years ago by Wayne Wheeler, the counsel of the National Anti-Saloon League. It became known as "Wheelerism".
"Vote dry or you'll never vote again" was the threat that helped the prohibitionists win over legislatures throughout the 48 states. It took 20 years but Congress upon seeing Prohibition giving way to lawlessness and ever failing enforcement, decided to discredit Wheeler because his Anti-Saloon League was spending too much money in various congressional races to combat drinking which the majority of the electorate was pretty much OK with.
Is this all sounding a bit too familiar or what? I'd like to know just how many Republican representatives who've signed Norquist's pledge would actually agree with the President and the majority of the electorate and be willing to compromise if they weren't afraid of better funded challengers in their next primary election?
Mr. Norquist is famous for saying, "I'm not in favor of abolishing the government. I just want to shrink it down to the size where we can drown it in the bathtub." As a practicing Wheelerist, would he use a bathtub filled with rotgut gin?
Good post, #9, Steve M.
I hear he likes gin, so you could be right. From the looks of his face yesterday, I'd say he was into it pretty good.
If you start to repeat Gov. Barber's idea that Romney lost because of Hurr. Sandy.. but w/a twist... Hurricanes are caused by God, so! maybe God was trying to punish all the conservative's hating by making sure Obama was re-elected... they're not the only ones that can use God!
Dear Jeffery Hart
So If the government can now control the weather, who is causing global warming ? I love James Bond stories as well.
I'm a little confused -- it was stated that Boehner and McConnell did not take a phone call from the President of the United States because they were asleep? Is not the Speaker 3rd in line for replacing the President? I thought protocol is to answer the phone when your boss calls - especially, when the boss is the President. He did not know what he was calling about.
I thought the meeting held the night of President Obama's first Inaugural ball was treason and now these same people don't answer the phone? Do the republicans have any respect for themselves?
This is for My President: "You don't carry a knife to a gun fight". If you want to do big things for your Democratic voting public, then take the fight to Boehner and Mitch, full bore. All or nothing. We are the 47% and we will remember.
I honestly believe that going off the "cliff" would be the best thing. It would end the Bush tax cuts, neuter Grover Norquist, and cut spending in the defence department. Congress could then convene and make retroactive the new defence budget and (hopefully) lower taxes on the working class. Go back to the productive Clinton numbers.
Trust me, the "job creators" was a GOP talking point. They'll be just fine with paying a few more points in the taxes. 23 million jobs were created under Clinton's percentages. 800,000 a month lost under the Bush administration.
It isn't a cliff, anyway. It's more like a bump in the road. You CAN get over it! Grover Norquist won't. Personally I feel a moral obligation to raise Rush Limbaugh's, Karl Rove's, Shaun Hannity's, and O'Reilly's taxes; to name a few.
Let's have a big public enthusiasm that gets from our lips to congress' ears. Call your reps, folks. Tell them we no longer can afford to give welfare to people like the Koch brothers.
So true India. But I have a feeling the President will not allow the "sequester" to take place and he will cave on the tax cuts expiring. I hope not but I feer he will. If so, we're done, plane and simple.
Hi Larry, Do you really think so? Because that would be the end of any hope of lowering the deficit. We simply cannot afford to continue supporting millionaires and billionaires! It would be fiscal suicide to let these T-Party whack jobs rule what the majority of the country wants and what the economy needs!
I tend to think Obama will do as he says: veto anything that doesn't include ending the Bush tax cuts. If he caves, he's not the man I just voted for.
All the rhetoric and inuendo espoused by the Republican Party is the Mushroom Cloud of which they spoke of leading up to the war in Iraq.The people will not be so easily fooled again Karl Rove.
Watching the show and yes, Tucson is a mess. Recent changes meant that driver's licenses are no longer considered an acceptable form of ID at the DMV. You can't get or renew an AZ DL or ID without a certified birth certificate, passport, or military ID...and you need one of those to vote. Of course, authorities did not make this clear in advance, not even on their website. I only learned of the law when I went to the DMV to trade in my New Mexico license for an Arizona one, which I couldn't do because I didn't have birth certificate or passport.
With as many students as Tucson has, I can't help but wonder how many thousands were shut out.
Great that Rachel gives these dedicated protesters protesting the slow count of provisional ballots in Arizona, the coverage they deserve. Makes a difference for them. Makes a difference for us. It's such a powerful feeling to vote and it's got to be maddening to have to wait days after the election is over for your vote to count. Thank you to all those who stayed in line and all those protesting the slow counts wherever you are.
I found some pundits having an interesting conversation on tv this evening. An NBC station. A liberal was stating the GOP would have to work with Obama in order to fix the flaws in Obamacare. That was too funny.
There is an even better way to vote in Federal Elections: To avoid long lines, have the electorate vote from their homes on their computers, and the results transmitted to a central computer controlled by the FBI with an automatic tally. Therefore, as the votes come in, John "Q" public would know without fail who is ahead, and who is winning. By the way, every registered voter would be equipped with a unique number.
Great idea. I think Internet service and a computer ought to be a basic necessity supplied to everyone. Hope I get high speed Internet...
I love your show!! Republicans think that the less advantaged just want things. But what they should say is that we just want work, education, freedom, and an honest way to raise our families. That is what all Americans want, no matter race, religion, etc.
You tube search on Obama phone lady.
Too bad Rusty doesn't listen to facts. The program was started in the 90's and GWB gave the first Phones out. Rusty is just another right wing hater. Spreading their lies like he's paid to do.
Larry, People like Rusty is why the ignore button is there. I use it a lot now.
Yep, Rusty has been ignored for a LONG time by me!!!
Larry, why doesn't the gal thank bush for her phone. It's not reality here, but her perception that Obama gave her a phone.
Enlarged and Expanded Freedoms and Opportunities He is a Man, a democratically elected American President, who Seeks to Enlarge and Expand upon and within HimSelf, and his Country. An Inspired Leader who has publicly admitted that earned Vote or not - that he has Listened to We the People - has Learned from We the People - and that We the People - Our Voiced Personal and Other Concerns, Realities, Suggestions, Truths and Praises have made him a better President.
President Obama Seeks to Enlarge and Expand America and Her Freedoms and Opportunities for All - for All.
When We the People Enlarge and Expand Our Freedoms We Enlarge and Expand Our Opportunities. When We the People Enlarge and Expand Our Opportunities We Enlarge and Expand Our Freedoms.
We can no longer accomplish these things with “wide open spaces” or “untamed wildernesses”. We have overpopulated Our beautiful blue-green gemstone of a Planet, Earth. There are no more UnKnown or UnRavaged Lands (aside from local, state, provincial or national Parks, and of course, Outer Space).
Like it or not, We All live close together nowadays. We’re All in search of a little elbow room (oof !). So, We must Learn and Strive to positively and constructively Enlarge and Expand OurSelves in close, and in some cases, closed quarters. Technology takes Us to those Places and Spaces of Expansion and Enlargement. Mindscapes of Expansion and Enlargement. Turn on the boob-tube. Turn on the computer. Turn on and walk around or catch a bus or eat out with friends or family with your cell phone, your Ipod, your Ipad, your Kindle…etc. You are immediately Expanded and Enlarged.
A Body/Mind moving around and Outeracting within one Reality while simultaneously living within and Interacting the Mindscapes of other Realities. A Mind/Body taken to Places and Realities within closed quarters and closed Spaces of Expansion and Enlargement within Ourselves - within Our Mindscapes, Heartscapes and Soulscapes.
Realities within Realities all within the same Time Frames. Our Mind/Bodies can even remain couch potato or desk jockey static, while Our Mindscapes, Heartscapes and Soulscapes dynamically travel and journey to the Earth’s multitudinous wonders and civilizations and the Universal Cosmos.
Yes, the Enlarged and Expanded Will of We the American People won out this past Tuesday over the Mighty King and Queen Con Millionaires and Billionaires who pushed very hard to completely Own We the American People, and more completely Own We the American People’s democratic- republican Government and Judiciary.
Autocratic Corporatism has been held at bay for another Voting Day. Democracy, and its Sacrament of the Single Individual’s Vote ultimately forming the Majority Collective’s Voting Will won the day. Hurray !
President Barak Obama has 50% (possibly more) of We the American People’s Mandate to fight, struggle and haggle for: the Middles Class, the Working Poor, the Jobless Poor, Education, students, Worker’s Rights (equal pay for an equal day’s work), Affordable Healthcare Act, Veterans, the Elderly, Medicare, Medicaid, Social Security, Women’s Rights, Immigrants Rights, Gay Rights (Marriage Equality)…etc.
The Citizen’s United and other similar Mighty King and Queen Con Right Wing Millionaire and Billionaire-bought-and-sold-vehicles made a bad InVestment. They gambled and the rigged House-of-Cards crumbled and lost. But We the People should remain ever vigilant, because They are not finished Playing their insidious little Games of Corporate Empire entrapment and enslavement.
However, let We the People Rejoice ! No Right Wing Voter oppression or suppression could stop the Will of We the American People. No King or Queen Con Millionaires or Billionaires, and their cronies and cohorts, were allowed to Buy and Sell Out the Democratic Republic of America from We the American People (as of yet).
The Voice of We the People was louder, Freer, more Just, more Fair, more Expansive, more Enlarged and more Impassioned than the Sound and Fury of Ching ! Ching ! Money !
It’s Time for We the People to take up all of Our little Technological Tools and Toys of Communication, Outeraction and Interaction Mindscape Enlargers and Expanders, and Tweet, Twitter, Cheep, Beep, Blip, Blitz, Google, Bogle, Togle, and Pictal out our genuine sigh of relief and shouts of Hope filled Dreamscapes and longed for Future Realities. It’s Time to Hope and Dream Forward - leaving what no longer Works for and Betters the Many behind !
Isn't it hard to type without opposable thumbs??
I think that the DNC's first and most important priority should be, now that Obama has been reelected, would be to issue a public statement saying that there number one priority, more important than reforming the tax code and more important than a creating a new jobs bill, is to make sure Mitch McConnell is a congressman for one more term.
Keith, Absolutely. It is time for these T-party terrorists to go the way of the Edsel and the dinosaurs. Let's make the "young guns" in the House, including Eric Cantor, extinct, as well.
I am convinced that these people will ruin the country if they aren't voted out.
I was truly shocked on how many Republicans were just shocked and destroyed by Romney's loss.
How does this happen? The Republicans began to belive their own hype mainly propogated by Fox News.
1. The "momentum is with us"...but it wasn't and andyone looking at the polls could tell.
2. The Enthusiam gap. Total BS too...Romney didn't even get as many votes as McCain when it was obvious that McCain was going to get schellacked. Think about it...they spent almost 1 billion in adversting and got LESS.
3. Obama is a hated President...who basically got over 50% of the popular vote.
These were all lies propogated by Fox News....which led to huge expectations, which led to massive dissappointment.
Now...if I was a Republican I might begin to question on what else Fox News is lying to me about. So here is my suggestion...tell your Republican friends...just stop watching Fox News. They don't need to change their mind about anything...but maybe just maybe they can be exposed to the truth minus the spin. I think it will also help them in readjusting their expectations.
I think Romney lost the election was not only himself was not understand or don't care about the Middle Class but also Republican politicians!
McConnell, Boehner, and Canter must go! Republicans need new blood, not status quo!
Let have "5 million people march in DC to support the President's Job Bill"!
I had warned Romney and Republican Politicians that DON'T INSULTE VOTERS' INTELLIGECE!
What do we call Storms, Hurricanes, Earth quakes, ... are acts of God? and now Rove, Fox, and others Republicans blamed their lost of the general elections due to hurricane Sandy? -> Now they blamed God for their lost of election instead of their stupidity? A bunch of hypocrites! The Jokes are on them!
Interestingly that Romney selected his motto for his new Romney's Cabinet which never can be materialized in the U.S. of A with a bunch of words start with "S".
Did anyone hear that Romney was very "fiscal concervatives" that credit cards issued for campaign members was closed as soon as Romney's concession speech end!
Saw this interesting graphic on Facebook. More blue than one would expect.
https://www.facebook.com/photo.php?fbid=4419138669951&set=a.4419138029935.172647.1033415151&type=1&ref=nf
I believe the Democratic National Committee should issue a public statement and broadcast it nationally that states that now that President Obama has been reelected that their number goal over the next two years is not to pass tax code reform and not pass a new jobs bill but instead make sure that Mitch McConnell is a one more term congressman. As soon as you get rid of this smug A..hole and obstructionist, Obama will get on with his business.