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Compared to this. here is what the same room looked like on the press conference on the sequester. it is a standing room only crowd for a bill that everyone knew was dead on a rival. what is the new bill? and why is no one listening to it. the bill would place a small tax of three points on non consumer financial trades. a tax of three pennies on every $100 traded in the markets. that is $1.50 on a $5,000 trade. this modest tax would have virtually no impact on most americans. it taxes something we want lesson.

This is right out of econ 101 the thing we don't want is wall street speculation. it would apply to traded stocks and bonds and puts forward swaps and other instruments and would not cover the initial issuance of stocks or bonds or loans in the form of stocks and it would impact high frequency traders. it would be slowed if the bill is passed. high frequency trading produces no net social value. making a nano second faster than your competiter does one thing. here is how it was put today and there is only one video of this

Optics war, grover? >> well, it's all politics. he's not put a proposal on the table that makes any sense. when talk about plans a, b, and c, the republicans have passed plan a, the ryan bill, ryan budget and plan. that saves $6 trillion over the next decade. it reforms entitlements. it reforms taxes. doesn't raise them, reforms them without raising taxes on people. so that's a plan that's written down that's passed the house of representatives and has strong support among republicans in the senate. the alternative is nothing. >> we know that's not going to pass the senate and we also know the...

You're banking your honor future. any time there's a bank involved, the republicans want dollars involved and they want to make money. they're about profit. they're not about people. president obama is about opportunity. he's lived it. he wants you to live it. there's one candidate in one party that understands your world. there's one candidate in one party that doesn't give a damn and has no clue. remember, in the ryan bill, what they want to do is make that higher interest rate permanent. they want to fix it in. that means no breaks. you just heard mitt romney on the campaign trail saying i ...

Low-interest loan, a reasonable rate, without republicans changing the rules on them all of a sudden? the president gets it, because he's lived it. and he's winning over young americans with common sense. now, think about this. if you're a student and you're sitting at home tonight in your apartment or your dorm room, you have to ask yourself the question, what did i do? what are the republicans want to make money on me for? well, see, you're banking on your future. and anytime there's a bank involved or the word "banking" involved, republicans see dollar signs and that's all they want to do i...