Page 2 - Sput It News Today

So overwhelming an advantage not be able to get things done. >> well i dont want to rain on your peace parade about the jobs bill, but i think part of the problem is that the elites in this country have already made it through this economic recession and the rest of america hasnt. so when the only thing you can get together on is a $15 billion jobs bill an were on the verge of a double-dip recession. people in my district dont have jobs, these are good, proud, hard-working people. were about to ...

Mika and joe back to you. despite the fact that everybody that comes on the show eventually decides to run for senate in new york, harold ford -- >> right. >> who was the last one? >> dan senor, ginger zee, from chicago announcing she will not be running for senate. >> but im from chicago, so all the corruption stuff -- i dont know. i dont know how well it would go over. >> we love chicago. >> all right. >> so ginger zee, not running for the senate, im telling you, that may be where bill is. m...

Agencies, more -- >> we need, some piece of consumer regulation. bloated bureaucracy, this says, lets slim it down and make it work. >> patrick, be good. >> the president appears to be backing off of that this morning, do you think thats a mistake? >> i dont know if hes backing off or not. im not a politician, i just know what needs to be done. >> thank you, professor. thank you, professor. here, kitty! here, kitty!

Here where obama puts out his plan, throws in a couple of bones for republicans, whatever they do they just move ahead? >> a big part of todays summit is going to be obama saying heres what im already giving to the republicans. which, in fact, his fact has made a lot more concessions than previous ones. i think we all know this is not going to be a huge game changing moment. already youre seeing battle lines being drawn on both the republican and democratic sides. well see what comes out of this...

Bariello. congressman, big things going to happen today, right? >> well i wouldnt have those expectations if i were you. >> the greatest day ever in the history of washington, right? >> i wrote a two-page bill to get rid of the monopoly protections for the health insurance industry. and we passed it in the house with bipartisan support. >> explain that, are you getting rid of the what? >> since 1945 -- >> the exemption for health insurance? >> it passed the house, over 150 republicans supported ...

Then im going to tax. a that part that will linger right now, long after the tarp t.a.r.p. gone is the fact of the guarantee. its the fact that 18 months ago when we faced the abyss, the secretary of the treasury rushed in and said, heres $700 billion to back you up. no matter what, not under any circumstances will we let a large financial institution fail. those financial institutions now operate with that guarantee. they dont pay anything for it, they operate with that guarantee. >> and more o...

A t.a.r.p. whats the payback right now? what banks have paid back? who still owes? tell americans what the balance sheets look like. we gave, what, $700 billion? >> $700 billion was allocated. we ultimately spent about -- roughly about $600 billion of it. weve gotten about $450 billion of it back again. >> which bank -- whos paid back? >> oh, come on. i cant do this. >> aig has not. >> most of the big ones. were going to do a hearing today on gmac. gmac certainly has not paid back. okay? we stil...

And all that. so youve got a complete gridlock in government. and youre running deficits at 10%, 11% of gdp. were headed for athens. >> what youre talking about, though, is youre talking about the government end of it. watch. its both halves. its norahs point. its also what happens now on the private end. what the government is doing right now is its permitting a set of rules that says, in effect, hey, banks, we will lend to you at zero and you go out there and figure out what you can squeeze ou...

District set prices they can go to jail. but when the biggest health insurance companies in the country do it, its okay. simpbs 1945 rks it was an early ben nelson compromise, it was supposed to be a three-year exemption, but they got rid of the phase-out. and ever since then, the industry has been spending hundreds of millions of dollars on lore bying to protect their monopoly. >> is there a justification to allow price-fixing in health care insurance companies? >> since 1945. overwhelmingly a ...