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(NEWTON) Here's the minute highlights from last week's Newton City Council meeting. The Council : approved the sale of lot #12 in the Five Aprils Cros...

Borrow cheaply, whatever. this is dodd/frank. so many embedded costs into that regulatory structure, with capital requirements and everything else. by the way, the banks -- >> you say the reform we had since the end of the depression is actually prompting banks to hike fees? >> i can't wait to see adam deny this. the banks said this right at the start. we were going to stop free check. we're going to raise fees, we're going to -- >> they never said -- >> oh, no, they told reporters this all the time. >> i don't think it will happen. i don't think the federal reserve to charles' point is going ...

>> this has been across administrations. all i'm saying, i happen to agree, i think we've gone overboard. we should ratchet it back. certainly not eliminate it. we should get control of it. we should say to students, go to college if college is the right choice for you. buy a home if you can afford a home. >> the money the government's making off of this. it does -- to charles' point, just continue this beastly behavior. you get a bigger loan. the tuition goes up even more. one feeds the other. how do you stop that cycle? at the same time, you want to help kids get an opportunity to go to coll...

Merrill newman apparently apologizing for alleged crimes during the korean war. the communist state is famous for coercing statements from its prisoners. we take you back now to "cavutto on business." remember, you are watching the most powerful name in news, fox news channel. all right. student loan debt rockets even higher. uncle sam raking it in. the government made $40 million off of the loans just this year. charles, you say the government ought to get out of this right now. >> they ought to. but $41 billion, are you kidding me? that's -- exxon mobil barely made that. apple made $41 b...

>> no, no, understand what i'm saying. what they seem to be saying is let this thing crash and burn. you're saying the risk in that is all these people who have been taken off their policies are in no-man's-land. >> you could, what, say not fix the health insurance website -- >> -- for treatment, i mean, that is a necessary -- >> i think that's exactly what -- >> we would be worst off than we were before -- >> the plan itself will keep blowing up. i don't think -- by the way, i don't think republicans are ever going to raise taxes. particularly the republican senate which is very likely. this ...