read it, then send us the question you would like me to put to paul krugman. meanwhile, another reality beckons and there's a menace more threatening than the fiscal cliff ever was. what should really be scaring the daylights out of us -- the crisis which could make all the others irrelevant -- is global warming. get this one wrong and it's over -- not just for the usa, but for planet earth. that's the message delivered by hurricane sandy, and by almost all the extreme weather of the past two years. and here in the first month of the new year, it's the message from the most informed scientists in the world. they're scared, for real. and they say that unless we slow the release of global emissions from fossil fuels, slow it

our powerhouse roundtable with paul krugman, "the wall street journal's" peg noone, america's last comptroller david walker, judy woodruff from pbs and al hunt. >>> hello again. lots to get to this morning including the treasury department's decision late yesterday to bury the idea that a trillion dollar platinum coin could solve the debt limit stalemate. advocate paul krugman and our roundtable ready to weigh in on that but first the national security debate with our panel of experts and policymakers including bob corker, democratic senator jack reed, who just returned from his 14th trip to afghanistan, council on foreign relations president richard haass, author of the forthcoming book "foreign policy begins at home" and martha raddatz. martha, let me begin with you. we saw that announcement from the president on friday speeding up the withdrawal of american troops out of afghanistan. that's a little faster than the military wanted, but he was silent on how many troops would be left behind. what's behind the decision, and where do you expect it will end up? >> well, i think all through the e

this is it, paul krugman's "end this depression now!" it's both prescription and warning. our current obsession with slashing the deficit and avoiding that well-known and worn fiscal cliff is killing us, krugman writes, getting in the way of what really needs to be done, which is dedicating government to creating jobs and getting us back to full employment. he blames not only congress but the white house. paul krugman is professor of economics and international affairs at princeton university. since 1999, he's been an op-ed columnist at "the new york times" and now also writes a blog for the paper titled "the conscience of a liberal." according to the search engine technorati, it's the most popular blog by an individual on the internet. author or editor of some 20 books and more than 200 professional papers, krugman is a thinker so esteemed and widely known in his field he's become an icon. not only has he won the nobel prize in economics, he's also the subject of this song by the balladeer loudon wainwright iii -- ♪ i read the new york times that's where i get my news â

paul krugman, spain. madrid! >> he's on the sides of buses. >> on the sides of buses in madrid. >> what's going on there? >> 25% unemployment, as you know. 55% youth unemployment. >> yeah, can you explain that? because you said in the past, your books did much better in the u.s. than europe. >> so interesting. >> but in europe and japan right now -- >> part of the answer is we messed up pretty badly on economic policy. they messed up even worse in europe. so we have at least had -- we haven't had the kind of fiscal stimulus. we haven't had the kind of pro-employment policies i want here, but we haven't had the kind of destructive austerity policies that they've had in europe. so i think what i say has got a lot of resonance there because they've seen what happens when people energetically do the opposite of what i say you should be doing and you see what happens. >> take us through europe. give us a tour of europe by numbers, spain, great britain, france. >> austerity. >> great britain -- britain is in a way the

including nobel prize winning economist paul krugman. and later, an i call bullpucky story has gotten even more bullish since i covered it. we will be right back. [ bells jingle ] [ cash register dings ] [ male announcer ] wow. a brave choice. okay, focus. think courage. think shaun white. think how perfect they'll be for outdoor crafts. mr. white. [ male announcer ] they're good for circulation. plus, they're totally practical. yeah, freedom. scan me. stride on, pale-legged, short-shorts guy. ♪ stride on, pale-legged, short-shorts guy. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid.

economist paul krugman wrote about this deja news. taking from ordinary families and giving to the rich. even as republicans look for a way to sound more sympathetic and less extreme, republican policies are taking another sharp right turn. why is this happening? in particular, why is this happening now, just after an election and which the republican party paid a price for its anti-populist stand? good question. and it's the distance between what the beltway writes down when the republicans talk about themselves versus what republicans actually do where they are in charge. it's a very good question. paul krugman himself is here for the interview, straight ahead. whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes a subaru a subaru. i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at inc

economist paul krugman wrote about this deja news. taking from ordinary families and giving to the rich. even as republicans look for a way to sound more sympathetic and less extreme, republican policies are taking another sharp right turn. why is this happening? in particular, why is this happening now, just after an election and which the republican party paid a price for its anti-populist stand? good question. and it's the distance between what the beltway writes down when the republicans talk about themselves versus what republicans actually do where they are in charge. it's a very good question. paul krugman himself is here for the interview, straight ahead. direct rates side by side to find you a great deal, even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually, we invented that. it's like a sauna in here. helping you save, even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! >>> we must not be the party that simply protects the well off so they

and i'm a fan of paul krugman. all right. of course that's not the only issue facing obama. >> president obama's picks for his new cabinet members raising some questions. let's take a look at his four newest choices. one thing you might notice about all of them, anybody want to jump in. what do you think >> jon: that's kiss without the make-up. i know these guys. yes! play "lick it up." >> where are the women, for example? where are the people of color? the fourth white male mr. obama has chosen in the last month >> where are the women? where are the minors >> jon: you're telling me the president, the president of the united states couldn't have found one woman or minority to fill an important job? what about instead of john kerry susan rice for secretary of state. lady and minority. triple word score >> i will do everything in my power to block her. she's not qualified. >> jon: oh, right. mccain. do you have any evidence that barack obama himself is somewhat diverse is being discriminatory in his hiring practices >> the "new

paul krugman. >> from our future deficit hawk paul krugman. >> thanks so much. >> that's fascinating. >>> coming up "silver linings playbook" is nominated for eight oscars, best picture, actor, actress and its director david o. russell getting acad me nods as well. he is here. rockin' the sneakers, i like it. good to see you again. >> good to see you, too. how are you? >> we're chatting in a moment. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate c

krugman that's a completely wrong paul krugman. advocates of the government expand their balance sheets expand the debt load go deeper into debt expand the bond issuance expand the size of the federal reserve balance sheet and jamie dimon j.p. morgan's balance sheet central banks and commercial banks want the debts to be as high as they possibly can from what you're just saying because they can apply that fractional percentage point of fraud over vastly larger pools of capital you know it's not for nothing they're around six hundred trillion dollars worth of derivatives it's not an accident that the central banks have hundreds of showings of dollars worth of debt that all the major g. twenty countries are severely in debt that's where banks are able to fish for risk lost profits the bigger the debt the easier it is for them to risk for response profits they love the debt because it's easier for them to commit fraud and suck capital out of the system and pay them some huge bonuses now the other risk of course is that one day people

somewhere that paul krugman the american suicide banker economist is applauding the the move gold is it new all time highs and yet in terms of the japanese people are scrambling to get all the gold and so are they possibly can to protect themselves against suicide bankers and a suicide prime minister and this is it's playing out exactly as we started this war and so i'm the. general of this war and i struck the troops to keep buying gold and silver to protect against suicide bankers in japan and a suicide prime minister has decided on a much like ball ferdman of course the only difference now between the kamikaze pilots of the currency unit there and back in world war two is that it's a much older generation so they're all wearing adult nappies of course are adult diapers so you have suicide pilots wearing adult diapers which is actually what started with the that nasa pilot woman who was famous for wearing diapers and driving cross-country to go try to kill her boyfriend. there tripoli and consummate the third their inability to hold on to the printing presses so they have diarrhea

later on, paul krugman, a columnist, gave us a visit. we will be right back. [video clip] >> one cannot count the times that americans say that we are the best country in the world. what a marvelously stupid thing to say. of all the countries in the world. everybody thinks their country is pretty good. why do we have to believe that we are the best? what does that mean? and why do we have to assert it all the time? and what does it mean to other people who consume it? american products go around the world, information products go- around world. so you are observed by people in every corner of the world. we teach them not to like us, gratuitously. >> author, activist, and transafrica founder randall robinson, taking your calls, e- mails, facebook comments and tweets. sunday at noon eastern on "book tv"on c-span2. [video clip] >> georgia o'keeffe was really the first well-known woman artist. even in the 1970's there was no one who could match her. she became a feminist icon. i grew up under that influence. my first recognition of her work was not as an art histo

paul krugman wrote . . . >> jennifer: okay. i love paul krugman but on this one i have to strongly disagree. let's take a look at what progressives actually got. first democrats got tax increases for the wealthiest americans. now that alone is a big deal because before this meal -- this meal -- before this deal lawmakers had not voted for a tax increase in two full decades. lawmakers on either side. the deal raises taxes on people making over $400,000 a year right? so $400,000 a year your taxes go up to 39.6%. all right. that by the way is a permanent change. now, wealthy investors are not going to be ability to wiggle out of paying their fair share because capitol gains taxes they go up to 20%. not by 20%, but to 20% from 15%. the estate tax which is a tax on inheritance, the estate tax goes up to 40% from 35%. this deal also impacts those who are make a little less than $400,000 but still less than the average american people making between 250 and $400,000 a year won't be able to take as many deductions in the tax code. they

but i'm a better lawyer than paul krugman is. and it enlists the american people in solving the problem, because it won't be a convenient and easy thing to do. when you get that piece of paper you will be annoyed and people will squawk and they will tell their congressman how they feel and congress will be pressured to act. >> jennifer: right. enlist -- it's a way to enlist -- you have an army of lobbiests then telling them i want to be paid, so pay me. but you are a lawyer, so a lot of people have suggested that the president should simply declare the debt ceiling to be unconstitutional. is that something that he should look at? >> they have rejected that in statements from the white house, and i think they are right to reject that. lawrence tribe very serious constitutional scholars have written op-eds about this idea and concluded, i believe correctly in my reading that doing so would be probably an unconstitutional act by the president. and it is not necessary. what you want to do is win a political struggle without turning t

all right. [ applause ] and i'm a fan of paul krugman. >> bill: i'm a fan of paul krugman but he's craze -- crazy on this idea. trillion dollar coin is not going to happen. we have lots to talk about in this hour including the question, now more and more states stepping up. new york state stepping up on the issue of how to reduce gun violence in our communities and particularly in our schools. randi weingarten is the president of the american federation of teachers in studio with us this morning. always good to see you randi. welcome back. >> always great to be with you. >> bill: i'm going to ask you about this -- the nra's idea about their solution to violence in schools. we'll get into that with our entire team here and take your calls at 1-866-55-press. but first... dan has the big headlines. >> other headlines making news on this tuesday. ann romney, wife to former presidential candidate mitt romney was asked to join the next season of abc's "dancing with the stars." according to tmz. the site reporting she even met with producers several times after her husband lost the election but

i would love to have paul krugman but i more care about the fact that it isn't paul krugman than the fact it is a white male. >> bill: all right sheryl, don't give up on your gender so easily here. fight for women. there are women -- there are women out there who can do every job a man can do and do it better as far as i'm concerned including talk show hosts. 1-866-55-press is the "full court press." when we come back, new study says that americans are not as healthy as you think. we'll get into that at the top of the next hour. >> announcer: this is the "bill press show." human being, that's really important. this is not just a spectator sport. i think the number one thing that viewers like about the young turks is that we're honest. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. >> announcer: this is the "bill press show." live on your radio and current tv. >> bill: hey 13 minutes before the top of the hour. this is friday, january 11 on the "full court press." and as we mentioned at t

paul krugman tells me that i live in a centrist fantasy, but it is a fantasy i would like to see actually happened. >> what lies ahead for speaker boehner? >> it is a tricky, treacherous path. they did some ripping today on the house floor just to make sure some of those republicans stay with the speaker. he had to hundred 17 republicans. no democrats voted for him. they barely eked out. i am paraphrasing but he said the difference between the boys down the men in politics is that the boy is run for higher office to be something. the men run to do something. i agree that he is a product- directed legislator. in this atmosphere, that is not a cherished title. >> he does not have a good stick to punish people. he took committee jobs away from three of them. >> they have been in a weak position since election day. as gingrich learned in the early 1990's, you cannot govern the united states from one house of the congress and that is something that i think the newcomen enthusiastic, young, committed members of his congress do not understand. they only control one house of congress. you can sto

steve rattner, this time yesterday we had paul krugman on the show. you actually said in an e-mail talking about your concerns krugman suggested we don't have to worry about long term debt so much, deficits, long term debt number 5, maybe number 6 on the list. you took exception to it and said denying the coming debt was like being a climate change denier. >> i think actually mika started that analogy and paul krugman basically said the opposite. to me, being a debt denier is the same thing as being a climate change denier. we're putting tons of carbon in our atmosphere we have to deal with and incurring billions of debt everyday we have to deal with. they're the same problems. do you recognize they're problems and deal with them or sit and let them fester until something bad happens. >> what do you say about what paul krugman says, it's a problem but it won't be a problem until 20 years from now and let's not deal with the problem. >> in the order of magnitude we know the problem will be worse. about 60 trillion dollars of unfunded liabilities. the l

petition with more than 6,000 signatures and nobel prize winning economist paul krugman says the president should be ready to mint that coin. in theory the treasury would mint the trillion-dollar coin and then walk it over to the federal reserve for deposit, so the government can pay its bills. oops. is it legal? technically the treasury doesn't need the permission of congress to mint platinum coins, but does it make economic sense? >> this whole coin business doesn't deal with the debt and deficit issue and it does not make it go away. >> my name is david greenstein and i'm a professional numismatist. >> easy for you to say. >> reporter: we visited a coin dealer to figure out how big it would need to be. >> solid platinum 747 aircraft to have $1 trillion worth of platinum. >> reporter: some suggest it's a political ploy. >> we should have known a coin was obama's solution to everything. it was right there in his slogan, "change." >> reporter: the next big political battle will most certainly be whose face gets to be on it. obama? boehner? or maybe bieber. kevin tibbles, nbc news, chicago.

krugman. >> we had a great -- i thought we had a great conversation with paul krugman. and i was fascinated by his view, his world view. the thing that's frustrating, though, for me following that, and it's ironic because paul krugman said that actually politicians in washington can't walk and chew gum at the same time. i find that a lot of people that read and follow him can't walk and chew gum at the same time. and i don't think that has anything to do with people that are devotees of paul krugman. i just think americans have a hard time grasping that you can take care of long-term debt. that you can worry about what's going to happen 10, 15, 0 ye20 s from now without taking a david cameron-style approach. and christie hefner, it seems to me, that's the sort of nuanced balancing act that washington is incapable of, that paul krugman said washington was incapable of, but we can't even have these conversations about taking care of medicare and medicaid and social security and massive defense outlays over the next 20, 30 years. while still investing in the short run on e