Thom Hartmann: Greetings my friends, patriots, lovers of democracy, truth and justice, believers in peace, freedom and the American way. Thom Hartmann here with you. And boy a lot going on.

I’ve got a, well, President Obama is in India, I want to tell you about that. There’s an amazing piece in today’s Financial Times about how corporate America is not just happy that the Republicans won, they’re dancing in the streets. They are popping champagne corks, now this is my language, not theirs, I’ll tell you about that.

Thom Hartmann: Okay so who killed the economy? I don’t mean this as a rhetorical question, but as a genuine question. The main Republican storyline, the one that is pitched by conservatives and people who don’t want banks deregulated, is that back either during the Carter or the Clinton administration, pick your story, I’ve heard both, that there was legislature passed that encouraged banks, the Community Reinvestment Act, they encouraged banks to give loans to people who couldn’t afford to get actually loans.

You need to know this. There’s a full revolt taking place within the Democratic party following President Obama’s tax cut deal with Republicans. House Democrats caucused last night to discuss the plan and count votes for it. Let’s just say it didn’t go too well and another meeting is scheduled for today. House Speaker Nancy Pelosi admitted last night that there was a lot of “unease” within her Party regarding a vote on the compromi

Quote of the Day: "I believe in democracy, because it releases the energies of every human being." -- Woodrow T. Wilson (1856-1924)

Today marks the 30th anniversary of John Lennon's murder

Hour One: If the Democratic Party can't roll back the bush tax cuts on the wealthy in a "great recession" then how can they accomplish anything? White House Communications Director Dan Pfeiffer joins me - www.whitehouse.gov