Wolfowitz ‘mystified’ at how Obama administration has handled Libya
Highlights from Fareed Zakaria GPS plus embeddable video and full transcript links are below. Fareed Zakaria GPS airs Sundays on CNN/U.S. at 10 a.m. and 1 p.m. (ET); on CNNI at 8 a.m. and 3 p.m. (ET).
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HIGHLIGHTS AND VIDEO ARE AFTER THE JUMP
Paul Wolfowitz: ‘I’m mystified at the way the administration has handled this one’
VIDEO: http://edition.cnn.com/video/#/video/bestoftv/2011/02/25/gps.libya.obama.cnn
On the banking scandal that triggered financial collapse in Greece
VIDEO: www.cnn.com/video/#/video/bestoftv/2011/02/27/exp.zakaria.gps.michael.lewis.cnn
On the relationship between the origins of the Tea Party and the financial crisis
LEWIS: …And the –the anger — the anger about the Wall Street bailouts, I think, is the beginning of the Tea Party. I mean the — the injustice of people being rewarded for failure and — and supported by the public purse, that was the source of the original outrage.
ZAKARIA: But it went in a libertarian direction…
LEWIS: It did…It — but — but a qualified libertarian direction, because a true libertarian would be outraged that these Wall Street banks are still being subsidized by the government. And there doesn’t seem to be any move on the right to — to remove those subsidies, not any — any serious one…But — but the politi — our leadership doesn’t have an interest in — a leadership that is intent on still stabilizing the financial system doesn’t have an interest in calling attention to the outrages of the financial system. So I think they — Wall Street got very lucky.