where to go to mitch mcconnell is that we try to candy crowley
on c_n_n_
and he's gonna speak to the fire a little bit
business in the music answers let's start with quit number six
right off the bat the president says you're being deceptive in describing this bill
what any other copies on trevor secretary who agrees with me as well as the washer impose
and wall street journal
uh... that there is a bailout fund in the bill that was reported out of the bank banking
committee the the partisan bill that came out of committee on a party-line vote
but that i know that i don't have that in dispute
but that that bail out uh... is funded by the banks themselves is it not it's not a
taxpayer that bailout
well robert reich who is uh... bill clinton's secretary of of labor's says that the bailout
fund
amid regardless of where the macabre money is produced
it is a bailout fund
that sort of guarantees
in perpetuity that will be intervening once again
uh... to bail out these big farms at the present on sector the treasury
toward the end of the week
i confirm that they'd rather not have it in their act i think we're all in agreement
that the bill that i was referring to uh... except maybe the president talked a little
time for the treasury and the bailout fund it
regardless of where the money comes from
now or not regardless if it comes to the taxpayers
that sucks become flipping theirs
to pay for their own this solution if they screw up
that's fine
they put see what it would have done is it would've put money the banks would have had
to put money into a fund
but if they went bankrupt
they would use that money to solidify the situation as they broke up that bank that
makes perfect sense diving fifty billion dollars is comically low i would've made it much larger
but to say if regardless if the bailout fund now or not regardless
exert enormous amount of difference
where the money comes from
now the problem is e and he never answered that you notice that
instead all wild no i don't know it's come from the pastors that there would be a lot
right
he just kept going back to well uh... other people are going adela found uh... the uh...
wall street journal
or by rupert murdoch
their editorial cycles of the bailout fund while that's really persuasive
and i don't know what he's referring to the washington post
uh... dot knows what they're up to but and across the spectrum of the accurately describe
that at all
the one thing is right about is the one guy who was on a side was
treasury secretary tim geithner
who was originally opposed to this in the first place
what he wanted to was have the banks put into that fund after they went bankrupt
which is a plan that is
reported
his also republican
you know why tim guide their was a republican
i met
to my knowledge jim dunnigan never became a democrat
he's heap used to be a republican it never made the switch over
regard now regardless of whether you call i'm a democrat a republican
always ever done despite further backs
is i don't bomb administration so he gives the republicans a pervert opportunity what
what what
by our friend tim geithner agrees with us
bad guy two dozen anymore now you've supports official position
but our leader he did make the same forrest mcdonald
and it was just as bad a point back then when guy terminated as one mcconnell makes it now
work rallies gonna not let them off the hook startup term equipment to seven a little bit
more
how the president pretty tough on you during his radio address
okay so what the president is saying is you met with wall street the leaders
on that with the man who raises money for republican senate races
and talked about how to block this bill did the meeting take place what was the conversation
goes setback
which opened on about blogging a bill i don't know if i don't know partisan favor block
in this bill also met over the kentucky backers are also opposed to this bill the community
banks a little guys on main street
we're all being well a lot of people this is the current
uh... for the president to politicize this in the same speech
in which he said we ought to be politicized is really quite amusing at the same day
the democratic national committee is putting up way i've been trying to attack republicans
on this issue i thought he wanted us to have a bipartisan bill that's what i'd like to
have
we're in the process of gathering information from people all across the country from wall
street to main street
to try to get advice about doing this right
everybody in the senate everybody candy in the senate
wants to pass a bill
but one that is opposed by the kentucky bankers is certainly going to raise some concerns
on my part we need to fix it get it right and pass it on a bipartisan basis
it added to the kentucky bankers why did you go up the wall street and talk to the top
twenty-five bankers in the country
not helpful
or from kentucky
it's because exit while we talk about killing the bill that really
you on the wall street and top of the top twenty five degrees in the country
he did talk about financial reform
you can talk about how they want to kill the bill but they do want to kill the bell to
admit that
you just had a conversation about what tennis
come on man
it is so
the things he says are literally unbelievable
and he said if i don't know anyone try to block the bill
except
stevens
its last week
well you said i'd like to kill this bill
forty-one republican senators the signed a letter saying we'd like to kill this bill
i don't know anyone try to block this bill what do you mean
uh... borrow bottle as politicizing this
when mcconnell gathered forty one republicans
this and we want to kill this bill because you didn't include us in it in there
participation of it
building of this bill enough
which is totally not true either arbor crowley once again goes after 'em i'm john cornett
because he's the guy who collects money
for the republican senators
try to run for re-election let's listen in nyc liberate
uh... at the present playing politics you have to admit that at least suspicions
uh... when you are meeting with wall street executives if they take it you did
with senator foreman
who raises money for republican races doesn't that sort of setup set you up for this sort
of the accusation that you want in their out with that with the fundraiser to talk about
you know we've got a fight this building what did you talk about
well will pick
that we were talking about financial regulations everyone in the country is talking about also
you won't work supported the president the vast majority armor on his side they supported
during the election i still supported is he saying we shouldn't sit down with his supporters
and talk about a bill
that he thinks
we ought to pass and that i think we ought to pass my saturday humanity
guarantee here's the one is trying to politicize this issue
we're the ones who are trying to get it
if i'm a kentucky bankers tell me how allotted that bill is a long way from being what we
ought to pass
that raises some concerns with me and i think it does with all of our colleagues across
the country burger in the sense that
well why i was senator claiming the meeting and what did the white and osama kentucky
bankers tell you that
but in the wall street people tell you
that well they have concerns about the bill the kentucky bankers have concerns about the
bill we all have concerns about the biladi been heard
the deficits and democratic leader of the senate say he's not sure he can get all of
his members
to support this bill
right now i think there's a pretty good shot the pretty good uh... reason to believe that
there's bipartisan opposition to this bill we ought to go back to the drawing board
and fix it
let me try one more time i was senator mornin
in that meeting of all the other centers you could've taken with him
set a record and is the united states center from taxes he's going to be voting on this
issue like all the rest of us or
simply because we are all involved in politics as is the president
it doesn't mean that we can't discuss issues with people that we meet around the country
who are deeply involved in concerned about what we're doing
e in
meetings with people across the country
like didn't
i know kentucky banker favorite you could meet with the kentucky bankers you met with
the wall street bankers
crawley said hey you know what
that's it you off for the accusation that maybe the were trying to raise money idol
of the president that but you got a democratic u_n_ what three or four times of the same
question
why was court in there
uh... well he's involved in politics
when f_ lee said he didn't want to politicize this issue
bailey nothing for us more crazy
it's all politics
every issues politicized
please stop saying that
so at the end of it you get the sense that was with the bankers and who isn't
but i don't know who isn't actually they don't get that says that awful
always with the bankers
as mitch mcconnell and john cornett and they're trying to kill this bill so they knew paid
by those bankers and don't let them be seaview into thinking anything otherwise