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Especially after the 1990s period of low oil prices, a lot of violations, et cetera, et cetera, this was a part of that policy. >> and also in terms of interest, right? the oil venezuela sold to the u.s. never stopped, right? no matter what he said -- >> stopped one time and stopped during the oil strike. >> right, right. but under chavez. >> i mean, this is where america's funding chavez's revolution. >> there's symiosis there, too. >> it's amuzing to watch those clips and less amusing, as you say. praise of people, not even opec people, robert magabi. there was a picture of his casket flanke...

We need more staff, more electronics, we can't keep up. 15,000 e-mails coming in. e-mails are almost useless sometimes, and i hate to tell people that, but the hill is overwhelmed beyond comprehension. there's a lot of good people there but they are beyond overwhelmed. >> this is how lobbyists' bills get through. they don't have the time. they say, legislate this. they say, okay. >> the hill is fundamentally overwhelmed by the breadth of issue and the staff, i love them, but they are quite young, quite inexperienced, grotesquely underpaid. no way for individual member offices to keep up to dat...

The bank takes your home. you haven't missed a payment. if you did that to your neighbor, you go to jail for stealing their home. you can't just take people's property for no reason, right? 20 times this happened. this is all servicers. and the servicers' rules, cfbp, i have a lot of admiration, they look weak. they look like they're not up to the task. and it prompts the question, if the cfpb can't get good rules in place for servicers, who have been one of the most toss toxic aspects, what hope do question have for the rest of dodd/frank? >> on servicing, let me point out two things. one, i ...

Oversimplification but there are some lines like nationalization and price controls which you saw in chavez's venezuela, you've seen a little in arrange tina under the kirchn. r, especially recently versus private markets and high levels of taxation redistribution that you've seen in lula's brazil. and the brazil model has been very successful. extremely successful. again, that's partly because of commodity prices have gone up. they export a lot of ethanol, they export a lot of soy. but i wonder what your sense is of that as a way of thinking about the -- about what's happened in latin america...

Expenditures -- >> austerity. >> austerity parties that were very hard on the population. so, we see increasing inequality in a region that traditionally had very high levels of inequality. >> the backlash in liberalism and imf program called structural adjustment at the time which imf said, we will write down your debt, forgive your debt, write down your debt if you dot following, which is balance budgets, cut social services, et cetera. is that your understanding of this sort of reaction in liberalism and what happened in the couldnntinent in the last decade? >> i think that set of prescript...