Page 7 - Banking Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It is deliberate when former president says it and democratic congressman says it on capitol hill on the same day -- >> sean: okay. what would you suggest to the people that under attack? it is really the american people, people -- look, i don't think it is any more complicated than this. people are afraid of what is happening in the afraid of record debt. >> they are also scared, this is the point we make in our book 2010. they are afraid of government completely taking over the economy. just look at it, they are going to -- trying to take over health care, 16%. they're taking over the banks ...

President says it and democratic congressman says it on capitol hill on the same day -- >> sean: okay. what would you suggest to the people that under attack? it is really the american people, people -- look, i don't think it is any more complicated than this. people are afraid of what is happening in the afraid of record debt. >> they are also scared, this is the point we make in our book 2010. they are afraid of government completely taking over the economy. just look at it, they are going to -- trying to take over health care, 16%. they're taking over the banks with this financial regulatio...

Reformer speaking hard truth or is he the guy who wants to end medicare, send it into a death spiral, a right wing idealogue, so it's a big fight and an important fight because remember, mitt romney chose paul ryan to represent something, that he represented big ideas, change, reform. if democrats can convince people that he represents ending medicare, that's a very different proposition politically. >> and joe biden on the stump today went in another direction, started talking as well about the whole banking issue. >> congressman ryan has now given definition to governor romney's vague commit...

>> it's both. you've got europe, when you talk about the european union, you're talking about an economy that's actually larger than ours, you're talking about a population that's larger than ours. they suck in about 20% of our exports. we have tremendous investment in europe. not so much american banks holding the bad debt. it's much less of a banking issue than it is a global connection issue, and if they are doing poorly, the contagion affect, it's not something out there, it's something already causeding some shakiness in our economy. once again, there are solutions to thatject ining liqui...

Ratings agencies coming out and reconfirming france's aaa rating. lots of these french ministers who like to disappear on their summer holidays have been called back to paris and told, you need to work harder on a deficit reduction plan. that also has encouraged the agencies to think that france is going to get to grips with its current debt-to-gdp problems. the banking issue is something that we shouldn't miss, either. we had an exclusive interview with the ceo of the french bank, they suffered from a great deal of market rumor about their solvency going forward. i have to say, nothing in it,...