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Taxpayer dollars throughout. >> paul: everything else is not certain here? >> well, as you said, this debate, whether it's going to be 247 or 533 rule makings, enormous power shifted to the washington bureaucracy to make decisions, the tough calls that congress didn't want to make they've now punted to the same regulators who blew all the tough calls in 2007 and 2008. >> and one big problem at the center of this bill, i think, is a time bomb. federal reserve has been given hugely expanded powers and this is our central bank, it's supposed to be an independent agency. they're being more politic...

Taxpayer dollars through the bailouts. >> paul: everything else is not certain? >> as you said this debate going to be 247 or 533 rule makings, enormous power shifted to make decision. all the tough calls congress didn't want to make they've punted to the same regulators í blue the tough calls in 2007 and 2008. >> the federal reserve is being given hugely expanded powers, it is supposed to be an individual agency they are more politicized that is going to create confidence problems. >> we don't have a lot of time. are we seeing a revolt in the democratic party? one new york congressman mcmaho...

Borrowers as the smaller businesses create most of the jobs. nothing on that subject. >> chris: the big victory this week, financial regulation, what is so interesting is that when they were leading up to the vote, democrats were just salivating about this and they thought we are going to be on the side of cracking down on wall street and the republicans will be on the side of protecting the fat cats and yet now it is the republicans who say bring it on, let's argue financial regulation. what happened? >> it is fascinating because it is a bill which as you said was going to be the cracking dow...

You hear nothing about that. >> chris: let's pick up on one thing brit talked about, the big victory, this week, financial regulation and what is interesting is that when they were going -- leading up to the vote, democrats were salivating about this and thought, we are going to be on the side of cracking down on wall street. the republicans are going to be on the side of protecting the fat cats and yet, now it is the republicans who say, bring it on, let's argue financial regulation. what happened. >> it is fascinating, because the bill as you said, was going to crack down on fat cats of wall...

Two biggest consumers of taxpayer dollars throughout. >> paul: everything else is not certain here? >> well, as you said, this debate, whether it's going to be 247 or 533 rule makings, enormous power shifted to the washington bureaucracy to make decisions, the tough calls that congress didn't want to make they've now punted to the same regulators who blew all the tough calls in 2007 and 2008. >> and one big problem at the center of this bill, i think, is a time bomb. federal reserve has been given hugely expanded powers and this is our central bank, it's supposed to be an independent agency. t...