mayor michael bloomberg uh... is a guy that i use a support use of some things
that were conference in the past whether they were bolt in the
he is uh... in independent and he's got a lot of things to go over
yeah on his behalf but on the other hand uh...
and he's got one enormous outside
at least
which is that he makes all this money
from catering to wall street
that's what this
company doubts they sell
machines the wall street detectors
of bloomberg terminus
uh... and he's also the mayor of new york of course a huge part of the tax
base of new yorkers wall street
so uh... he has become the biggest offender wall street
fax began
so if you're a giant defender wall street uh... who
or are you not going to one in the senate under any circumstance
that was before
so he takes his independent credibility
bloomberg has
they use it to guess those before
one way he does that is by pretending this cop round of some sort of
champion of gun control
nonsense
he doesn't have a particularly good record on gun control but it doesn't
really matter erica's movers to make that up
well he's going to try it
at his own motivations
in his own quote let me read you the whole quote here
imprint brown in war
what i'll try to do is find liberal middle-of-the-road republicans and
democrats
in the senate scott brown who single-handedly stop a right to carry
bill
ewing question whether secret service
even question in my mind whether warren is god's gift the regulation
close the bank saying get rid of corporate profits
and would all
brings socialism back or the u_s_s_r_
pop weeds
okay
now by the n_r_a_ does not believe that scott brown is some sort of scourge
uh... to gun rights so i don't know where in america liberty is getting its
facts on how what's your old gun controls dot brown at
but that's just the rooms
the reality is he hates elizabeth ward
cus you would actually regulate the practice
she won close down the banks joint makeover province the legal jordan bring
is back to the soviet union
that is not a scare tactics
cas bloomberg is there a cold like i think what actually rated the banks a
little bit so they would be using
consumer marketing temple where to take eliminating this wet map right up my
bottom line ok ill will toward communist
the cable t_v_ won't let us cheat
who are slow scott brown
well all the top banks
became you're running as a little warning all of you
but as much as that's companies already delivered for the backs
what can brown do for you
love your banking jimmy john amount of money
and you'll give a little bit of that back to have
in fact the scott brown big trade committee
has raised three point eight million dollars
nearly half of which has come from finance
just one industry
has given nearly fifty percent of money to the committee
and it's the financial industry to you what a coincidence
now is scott brown really
some sort of moderate that sometimes also there are sometimes authored by was
true sometimes
but overall sixty six percent was also been with his own party of all
which means that if you're in the liberal said a massachusetts and you
vote for scott brown
you're gonna put in somebody who at the very least
will vote to lift the arms of the time
with incredible rightwing conservative
and by the way that is
in a time when he would be he knew he would be up for reelection almost
immediately
now you let him sit there for six years see what the senate and he was one of
the republics
object now
what has skype route already done for the banks to get that money
back in return in terms of
campaign for swell
he is put in at tremendous number of loopholes in the dot frank anticipating
right he claims credit because i thought was a sixty of both for dot frank
but he doesn't tell you
what it took to get that sixty of book from scott brown
here all the things that the change in the upfront
to help the banks
he said bay he allowed banks invest at the three percent in private equity and
had spots
i think there's a there's a selling a lot what that does is the opens up a
giant
loophole
that says
well
we don't have to split up the banks
commercial side
an deposit or money altogether we could do a little loophole
and just see if you know what fits in that loop hole you thinking thinking
in the bank which for three percent because they only want three percent
and points or three percent so discerning about of giant loophole
soto walk-through birthday
and by the way so this is really important you'll see this as i explained
the wrestling polls
but the banks to take any kind of a statewide with their money
we just don't want them using deposit or money
because if the do wrestle deposit or money wonder gambling with your money
which they shouldn't be allowed to do and opportunities they can lose your
money
if they do and that's about two hundred thirty thousand dollars you're at a lot
and it's under two hundred fifty thousand the taxpayers that elect as we
gotta make up the difference
here's more loopholes
uh... argued for the most lenient interpretation the vocal
and all these reported because scott brown
held the bill hostage until he got all these loopholes
number three
allowed banks to bring in outside customers invest in private equity
and hedge funds
this is also
but the banks can continue to do their own gambling
that that's what they get the privately in the hedge funds
so they can gamble through them
has a real money isn't just lending out the businesses and getting some
percentage return
none of the real money is in derivatives and gambling that's where you can double
your money not just get five percent or ten percent return that's one of these
guys want to take a while these rest to do that number four loophole
increase the ability of banks lend money to private equity in hedge funds
indeed of bailouts
so he gets all these loopholes for the banks will be
that's not the most important
here comes the killer park
and av businessweek explains that this
he insisted
that the cost of implementing legislation estimated around twenty
billion dollars
by the congressional budget office which is non-partisan that way
come from tarp money
rather through a levee on the largest back
in a fairer
in dot frankie had made it so the banks
would give this twenty billion dollars
so that uh... they could implementa legislation scarborough said no
i want the american taxpayer to pay that instead
i want to protect
my buddies at the facts
be given back
it through the his victory committee fun i said about half of three point eight
million right
so what is that that's about two million dollars
who cares about two billion dollars
scott brown game that night
twenty
billion dollar gift
he took it
from the american taxpayer through talk
incentive to the banks which is how the legislation was written before
kidding me or did vote for this guy
this is big banks brown
since this is the
why does god brown
he's brown nosing the banks
okay here is
as an abortive frank who
the legislation was named after
dot frank right he senses we need in their votes referring to
olympia snowe susan collins and scott brown
we have to relieve the financial institutions of that the twenty billion
and put it on the taxpayer
he rob twenty billion dollars from you
to give it some top banks in the country
who in their right mind would vote for this guy
who think scott brown works for
doesn't work for you
it works for his donors
the top banks in the country
and he got re-elected neagle
right back to working for
belt partisan i tell you this is because politics is sold for
of forms and arrest the media
does not call them and i'm praying for my business week on this
and the boston globe has written about this in the passing of quoted them in
the passes while this or not danny all the media
to me the fact they play along with his rules of scotch fired
pickup truck complains pickup basketball
does it but i got that swing that
buddy ebsen space opens whatever the bags and even though is an entire
with a deadly please take a basketball
and a pickup truck in or was four
was originally carrying his daughter's force
now the uses of a bizarre political gimmick and they all that and get away
with it
cries that means that one along the pickup truck
all the plight of the banks gave you
now scott brown is a giant frog in a worker
for these top banks who
totally own in control them
pouring in for him would be
in china sake do you know how to be a liberal or progressive
you're centrist if your conservative
why would you want a senator
who says basically
the banks give me money through their lobbyists
and i do whatever they want in return
why would anybody want that
god you're scared to death of a list of one
possess the one person they have been able to buy