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Workers and millions of vacant jobs. all right. joining us now is our friend robin farzad, from npr forecast, and this is the meeting that is going to mark biden's first face-to-face with the federal regulators of the banking industry and the markets and the fed chairman, and explain what this means like i am a fifth grader, because that is the understanding i have of all of this works. >> the federal reserve of the united states is the biggest banker of the united states. it has a big spigot, and by opening it it makes lending cheap, and out there further buying all sorts of securities to smo...

They serve. we're waiting for the senate to act, they're not going to act and they're happy running on that. whether the american people say that's enough, that question will be answered in november. but the idea there would be some far-reaching legislation that the company needs, like some tennessee valley authority, if you will, for 2012, martin, a big spigot of government money to go in and try to help the economy, that's not going to help with this because they don't think it works, and president obama is more than happy to paint the difference out on the campaign trail. >> we sometimes se...