Nov
12
2010

Charlie Rose's Debt Commission Non-Debate

As you may have gathered by now, the deficit reduction plan offered by debt commission chairs Alan Simpson and Erskine Bowles is pretty unpopular, particularly on the left. But one place it was well-received: The Charlie Rose Show, a comfortable place for CEOs and insiders to pontificate. The fact that this show is a staple of public television stations around the country is part of the problem FAIR identified inour new report, "Taking the Public Out of Public TV." The Rose show presented a discussion of the Simpson/Bowles plan on November 11.One guest, Harvard's Martin Feldstein, had this to say: […]

Jun
12
2010

The Ghost of Anti-Entitlement Crusaders Past

You know, the fact of the matter is we have to change how we do things. We are on an imprudent and unsustainable path in a number of ways. You talk about debtors' prisons, we used to have debtors' prisons, now bankruptcy is no taint! Bankruptcy is an exit strategy! Our society and our culture has changed. We need to get back to the opportunity, we need to move away from entitlement, we need to provide reasonable risk but we need to hold people accountable when they do imprudent things. It's pretty fundamental. –David Walker, CEO of the Peterson Foundation, […]