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out and say let us do the things about which there is broad bipartisan agreement. even if it is baby steps. take a step at a time. and the world will watch us do it. in instead of doing what the president has done, which is spend the last 8 or 9 months lying behind the lick log and lamb bassing his republicans in congress for suggesting things that would help put the country in a better financial position. >> lying behind the lake log? >> lick log. >> bill: oh, okay. now, look, i don't understand why a guy like president obama doesn't understand the peril is he in for re-election know, look, he has advisors just like you advised bush, he has got guys in there daily is his main guy. >> no, no. daily is not his main guy. that's the problem. if daily were his main guy he wouldn't be doing these things. his maple main guy is david playoff who ran his 2008 campaign. complete focused on how do i --
democrats do you think they have changed their opinion on the president? >> i think they are beginning to change. i think there is something even more fundamental than that we are talking about the economy here. the vote for obama was not a vote for obama. it was a vote against bush. that's what elected obama. the president doesn't make law. that's done by the congress. the president doesn't set a budget, that's supposedly done by the congress, although we have been operating for almost three years without a budget because the senate can't pass one as a cons sequence, it's not whether the president has it, it's what we do in congress that's going to make a difference. >> leadership factor here as ronald reagan demonstrated. the stronger you are as a leader, the more you can can a july congress con joel congress to do the right thing. >> the word pojule that mist
go um. but then there is going to be another disaster five years from now. it goes up, up, boom. conservative americans want to secure their money. they want what they call preserve capital. it's the way way to do that now? i don't think you can look five years out in anything in the world we are living in today. five years is too long for anything. look out six months. look out a year. you can't tell what the congress is doing going do in that time. you can't tell what the international situation is going to be. at any moment it could blow up and have a problem on our hands. it's going to be a continuing thing. >> bill: stocks in a dangerous world and unstable world. you don't go heavily into stocks. you get more cautious, do you? am i wrong? >> no. i don't. i think that there are times to take advantage of these things. when you have got people things like ford motor company sell at five or six times earnings. major corporations who are solid, who are generating income. whose profits are good. listen, i own a little business
tonight in the face of all of this disaster. if you were president, what would be the first thing you would do economically? the first thing? >> well, the number one thing that needs to be done is i think the treasury secretary has to go. you have to have some fire. you mentioned that in your talking points memo. if your economic team isn't working, you have got to get someone in who know what is to do. that needs to be done. secondly, if i were president today, i would call all the members of congress back into washington, d.c. and i would say. this look, we are going to get this a.a.a. credit rating back this is what we are going to do. tell the markets there will be no default on the debt. we will make sure all the interest payments are made. tell our military in no uncertain terms they will get their checks, number three, we would make sure that all senior citizens would know they aren't going to be scared anymore. their current benefits both on medicare and social security will be paid. however, from there, with all the members of congress, i would
democrats do you think they have changed their opinion on the president? >> i think they are beginning to change. i think there is something even more fundamental than that we are talking about the economy here. the vote for obama was not a vote for obama. it was a vote against bush. that's what elected obama. the president doesn't make law. that's done by the congress. the president doesn't set a budget, that's supposedly done by the congress, although we have been operating for almost three years without a budget because the senate can't pass one as a cons sequence, it's not whether the president has it, it's what we do in congress that's going to make a difference. >> leadership factor here as ronald reagan demonstrated. the stronger you are as a leader, the more you can can a july congress con joel congress to do the right thing. >> the word pojule that mist
the senate and the house. >> there is a big difference, bill. between someone who is going to sign the bill that lands on their desk versus someone that will go out and make the case for it i will go all over the country. plus, as nominee of the republican party i will not stop until i elect an additional 13 members of the senate who will agree with me so we can have a filibuster proof senate who actually repeal this thing. >> bill: can i really be on noxious and raising the age of the medicare and social security? >> need my permission? >> that's an easy one. >> you need my permission? >> bill: i'm trying to be nice. are you going to raise the age for under 40s at 68 or or something like that? >> for social security? >> bill: and medicare? >> i think longevity is something that the president and many members of congress have said we need to look at. >> bill: look at it i'm going to say that's an i don't know yet. >> no. it's in the mix. it's in the mix.
tonight in the face of all of this disaster. if you were president, what would be the first thing you would do economically? the first thing? >> well, the number one thing that needs to be done is i think the treasury secretary has to go. you have to have some fire. you mentioned that in your talking points memo. if your economic team isn't working, you have got to get someone in who know what is to do. that needs to be done. secondly, if i were president today, i would call all the members of congress back into washington, d.c. and i would say. this look, we are going to get this a.a.a. credit rating back this is what we are going to do. tell the markets there will be no default on the debt. we will make sure all the interest payments are made. tell our military in no uncertain terms they will get their checks, number three, we would make sure that all senior citizens would know they aren't going to be scared anymore. their current benefits both on medicare and social security will be paid. however, from there, with all the members of congress, i would
the american people last week said in polls 72% that what was going on in congress was ridiculous, bill, ridiculous. they were outraged by it and blame not the democrats. it was the republicans and it was the tea party in specific that has been going down the polls because the americans see them as using the debt ceiling as a political. >> bill: nobody is looking at their portfolio cursing out the tea party. >> believe me they are, bill. >> bill: mary katharine, go. >> the hurt comes from real hurt in people's lives and uncertainty they are seeing. the guy in charge gets the credit good or bad. is he going continue to during that he gave himself three years to turn this thing around as he told matt lauer three years ago. pretty astute observation. people are looking at him saying he be a bow advocated on the debt discussion. bag of tricks is empty. did a giant stimulus, giant
go um. but then there is going to be another disaster five years from now. it goes up, up, boom. conservative americans want to secure their money. they want what they call preserve capital. it's the way way to do that now? i don't think you can look five years out in anything in the world we are living in today. five years is too long for anything. look out six months. look out a year. you can't tell what the congress is doing going do in that time. you can't tell what the international situation is going to be. at any moment it could blow up and have a problem on our hands. it's going to be a continuing thing. >> bill: stocks in a dangerous world and unstable world. you don't go heavily into stocks. you get more cautious, do you? am i wrong? >> no. i don't. i think that there are times to take advantage of these things. when you have got people things like ford motor company sell at five or six times earnings. major corporations who are solid, who are generating income. whose profits are good. listen, i own a little business
the american people last week said in polls 72% that what was going on in congress was ridiculous, bill, ridiculous. they were outraged by it and blame not the democrats. it was the republicans and it was the tea party in specific that has been going down the polls because the americans see them as using the debt ceiling as a political. >> bill: nobody is looking at their portfolio cursing out the tea party. >> believe me they are, bill. >> bill: mary katharine, go. >> the hurt comes from real hurt in people's lives and uncertainty they are seeing. the guy in charge gets the credit good or bad. is he going continue to during that he gave himself three years to turn this thing around as he told matt lauer three years ago. pretty astute observation. people are looking at him saying he be a bow advocated on the debt discussion. bag of tricks is empty. did a giant stimulus, giant