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That they could recover it all? >> first of all eye don't know. judd gregg doesn't know. you don't know. we don't know who received it. they intend to. i'm sure they intend to. the question is, for example, did they use some of that money to invest in government bonds at 3%, having just received zero interest loans. why are they not -- how do we know if they are or are not presumably not lending out money to shawl businesses which is presumably the goal of that loans. there are conflicts of interest existing. you had lloyd blankfein in a room where aig got $185 billion in a bailout, and it tur...

Government put $185 billion into aig to bail them outs. now they want to find out if the bailout was necessary. >> shepard: if they told the outside auditors and the auditors didn't do the proper thing, are the outside auditors cull payable? >> they didn't stand to gain or lose by failure to reveal the shaky state or -- i shouldn't say shaky state but questions as to whether or not aig could pay out on all them at once. i don't think the feds there go there. the auditors did a acceptable job. they were concerned whether or not aig committed fraud. garden variety fraud, failure to reveal what y...

Gets in trouble and investors win. >> correct, the losers of the taxpayers. question, does the feds look at this before they invested $185 billion tax dollars? no, they're looking now. and they came up with nothing. >> shepard: if i did investing like that he would be broke. >> so would anybody else unless they owned the printing press and print cash like the feds. >> shepard: we should get one of those. i know some guys in jersey that could accomplish that. >> we'll all get in trouble. >> judge andrew napolitano, formally of the new jersey superior court. >> experts say for the economy to rec...

Have been more targeted to help specific areas of the country where unemployment is extremely high. >> well, based upon need, the bill is not corresponding to the size of the crisis. you have $185 billion bailout for aig and a $15 billion bailout for jobs, it does not correspond to the size of the problem. besides targeting those who are most in need. i hope we will survive the health care struggle and survive for another day. one thing that strikes me is these bus drivers, train operators, these are green jobs, we are laying off thousands, in chicago, 1100, new york, thousands of transit oper...

Component of recovery act. >> reporter: cash-strapped states receive $150 billion in stimulus cash, cushioning cut-backs and tax increases. still, states cut services or increase taxes by $185 billion in the past two years. those moves would have been even more harsh, the white house says, without the stimulus. >> tens of thousands of teacher just in new york city who were about to be fired and did not have to be fired because of the recovery act. that is an element of rescue. >> still, the white house says looking back there should have been more infrastructure spending and it should have bee...