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Rid of pre-conditions, and then we tack on all of these terrible things that blow up the deficit and then we have a process that says weve got to regulate derivatives more, lets do that, okay, thats a good idea. but now lets get a 1300-page bill and start attacking all of these things. the venture capital people did not-- did not participate in this mess in 08, 09. but, jack, thats the stuff youve written about and you have to be consistent and cant be a hypocrite. all i can say about the govern...
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Awe the continent. its designed to bail out the euro, and all of those ailing economies. its near will a trillion dollars. the money is -- this is something they really had to do, and they had to do it over the weekend, or the financial markets would have fallen out of bed all over again as of right now. they jumped in, stuck in a trillion dollars, gathered the money from all sources, put in that trillion dollars backstop. its actually bigger than the backstop that america put in place in the fa...
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Tracy byrnes and john layfield. also joining us this weekend, democratic strategist joel epstein. welcome to everybody. tracy, since the recession began, they extended this four times now since early 08. how long can we afford this? >> we cant. cheryl, look, at this point i make more money on unemployment. a perfect example. in new york, home depot is hiring, you can go get a job for $15 an hour. why would you? your unemployment check is $405 an hour. i make more money sitting on my butt. this i...
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Midterms, we saw similar similarities here. you were involved in some of those campaigns you had them on the democratic side, between the carter and kennedy wings, you had it going on in the reagan/rockefeller/ford wing. so weve seen it before. i think this time it has to do with frustration. you know, look, when a party loses like they did in 06 and 08, and republicans lost two straight election, that doesnt happen to a political party. they got thumped two political elections. when it happens ...
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