Detailed text transcripts for TV channel - MSNBC - 20100630:

Detailed text transcripts for TV channel - MSNBC - 20100630:22:02:00

invoguelyio says it's harded to see how pushing the tax to average americans and smaller banks helps matters. well, indeed it is. there are two ways of understanding his actions i think. a, he really wants to transfer wealth from american taxpayers and small banks to the same large reckless financial institutions that create the crisis or b, he wants to kill wall street reform as just searching for an excuse. as evidence of the latter, he wrote a letter to dodd and frank today asking for more time to consider his support even after they gave him what he said he wanted. but maybe like his house republican colleague john boehner, what brown really wants is to maintain the status quo. today president obama in a town hall meeting in racine, wisconsin fired back at boehner's comments from yesterday. >> the leader of the republicans in the house said that financial reform was like, i'm quoting here, using a nuclear weapon to target an ant. that's what he said. he compared the financial crisis to an ant.

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