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Not that tough on wall street and i don't know that the point of legislation ought to be just to be tough on a particular group. the point i was trying to make, martha, is when people talk about the fact that republicans are opposing legislation because wall street supports it, it is just not true. what we are trying to do, is make sure that this legislation doesn't damage community banks across our country, it doesn't damage manufacturers, who actually use some of these instruments, to make sure the material price aurnsdz contrre l and that is what i was trying to day, at the end of the day w...

Bedevils every single taxpayer. the fair tax is simple, transparent and fair. it raises the same amount of revenue now raised under the income tax system, but in a manner that doesn't damage our economy. >> mike: it's a sales tax basically. >> it's a national consumption tax at the point of final retail sale, you pay your tax at the cash register, it shifts our federal tax system from taking taxes out of what makes the economy healthy, work, savings, and investment, to what comes out of the economy, consumption. the experts and there have been 22 million dollars of research, say objection, wel...

>> bill: well, his guys are running next november. >> i think it's damaging politically. >> bill: let's assume you are right as you so seldom are and he does ram it through. >> right. >> bill: the public still says 65%, 60%. >> right. >> bill: we hate it does that damage him at well. >> you know, it doesn't nearly as much. >> bill: doesn't damage him nearly as much as failure. >> having nothing is worse than having something that isn't so good. >> bill: that we hate? >> as you were arguing earlier, a lot of americans don't really know what's in this. it's so complicated. in fact, if you put th...

Re-election. >> bill: well, his guys are running next november. >> i think it's damaging politically. >> bill: let's assume you are right as you so seldom are and he does ram it through. >> right. >> bill: the public still says 65%, 60%. >> right. >> bill: we hate it does that damage him at well. >> you know, it doesn't nearly as much. >> bill: doesn't damage him nearly as much as failure. >> having nothing is worse than having something that isn't so good. >> bill: that we hate? >> as you were arguing earlier, a lot of americans don't really know what's in this. it's so complicated. in fact, ...

>> bill: well, his guys are running next november. >> i think it's damaging politically. >> bill: let's assume you are right as you so seldom are and he does ram it through. >> right. >> bill: the public still says 65%, 60%. >> right. >> bill: we hate it does that damage him at well. >> you know, it doesn't nearly as much. >> bill: doesn't damage him nearly as much as failure. >> having nothing is worse than having something that isn't so good. >> bill: that we hate? >> as you were arguing earlier, a lot of americans don't really know what's in this. it's so complicated. in fact, if you put th...