out and say let us do the things about which there is broad bipartisan agreement. even if it is baby steps. take a step at a time. and the world will watch us do it. in instead of doing what the president has done, which is spend the last 8 or 9 months lying behind the lick log and lamb bassing his republicans in congress for suggesting things that would help put the country in a better financial position. lying behind the lake log? lick log. bill: oh, okay. now, look, i don t understand why a guy like president obama doesn t understand the peril is he in for re-election know, look, he has advisors just like you advised bush, he has got guys in there daily is his main guy. no, no. daily is not his main guy. that s the problem. if daily were his main guy he wouldn t be doing these things. his maple main guy is david playoff who ran his 2008 campaign. complete focused on how do i
democrats do you think they have changed their opinion on the president? i think they are beginning to change. i think there is something even more fundamental than that we are talking about the economy here. the vote for obama was not a vote for obama. it was a vote against bush. that s what elected obama. the president doesn t make law. that s done by the congress. the president doesn t set a budget, that s supposedly done by the congress, although we have been operating for almost three years without a budget because the senate can t pass one as a cons sequence, it s not whether the president has it, it s what we do in congress that s going to make a difference. leadership factor here as ronald reagan demonstrated. the stronger you are as a leader, the more you can can a july congress con joel congress to do the right thing. the word pojule that mist
go um. but then there is going to be another disaster five years from now. it goes up, up, boom. conservative americans want to secure their money. they want what they call preserve capital. it s the way way to do that now? i don t think you can look five years out in anything in the world we are living in today. five years is too long for anything. look out six months. look out a year. you can t tell what the congress is doing going do in that time. you can t tell what the international situation is going to be. at any moment it could blow up and have a problem on our hands. it s going to be a continuing thing. bill: stocks in a dangerous world and unstable world. you don t go heavily into stocks. you get more cautious, do you? am i wrong? no. i don t. i think that there are times to take advantage of these things. when you have got people things like ford motor company sell at five or six times earnings. major corporations who are solid, who are generating income. whose profits a
tonight in the face of all of this disaster. if you were president, what would be the first thing you would do economically? the first thing? well, the number one thing that needs to be done is i think the treasury secretary has to go. you have to have some fire. you mentioned that in your talking points memo. if your economic team isn t working, you have got to get someone in who know what is to do. that needs to be done. secondly, if i were president today, i would call all the members of congress back into washington, d.c. and i would say. this look, we are going to get this a.a.a. credit rating back this is what we are going to do. tell the markets there will be no default on the debt. we will make sure all the interest payments are made. tell our military in no uncertain terms they will get their checks, number three, we would make sure that all senior citizens would know they aren t going to be scared anymore. their current benefits both on medicare and social security will be
democrats do you think they have changed their opinion on the president? i think they are beginning to change. i think there is something even more fundamental than that we are talking about the economy here. the vote for obama was not a vote for obama. it was a vote against bush. that s what elected obama. the president doesn t make law. that s done by the congress. the president doesn t set a budget, that s supposedly done by the congress, although we have been operating for almost three years without a budget because the senate can t pass one as a cons sequence, it s not whether the president has it, it s what we do in congress that s going to make a difference. leadership factor here as ronald reagan demonstrated. the stronger you are as a leader, the more you can can a july congress con joel congress to do the right thing. the word pojule that mist