Page 33 - Frank Dodd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

to a new study. call us. you can also find us online. sent a tweet and we will share that on the air. you can also join the conversation on facebook or e- mail us. "usa today start past their story like this -- you can see here, a decline in the median value is of primary residence is owned by u.s. households. in households it went down to about $170,000. other papers are going with similar headlines -- how have you been affected? do you feel you are worth more or less than you were a few years ago? what about theto 1992? -- what about the relationship to 1992? let's look at the repo...

tax and spending cuts. whoever is the next president, will they have to adopt something like that next year to solve this problem? >> i think so. that would be the wisest course politically. the problem is when you look at samson-bowles -- simspon-bowls, which came out with the same basic approach. you have to look at the long term. you have to look at social security. and on tax reform to, you have to broaden the base and lower the rates. that was the key and our commission to getting agreement. how low could you go on the rate that would attract republicans. i can bring that to my ...

To be broken up, but the idea that regional feds throughout this country are dominated by the banking industry itself is totally crazy. that has got to change. >> at the same time, if you look at a lot of the rationale behind dodd/frank, which was the democrats and the president's financial reform bill, much of that legislation was actually designed to give the federal reserve more power, not less power. the argument was that the legislature doesn't understand the financial markets, you don't want a bunch of crazy senators and congresspeople. do you ever want a vote like the one you had on the...

>> no, no, no. >> the show starts now! >> it doesn't. i've delayed the show. the show has not started. >> what's your question? >> so how was the last word? >> how was the last word? it was fun. it's a great team. we've got a great team, as you know, you've got a great team, and at 10:00 p.m. it's a great team. >> how about that evening audience? are they more drunk? they don't drink as much in the afternoon. 10:00, necessathey probably had couple drinks, they get on their tri twitter account? no? >> they're a great audience. we appreciate each and every one of them. if they choose t...

benefits of their actions and they want to bear in mind that this rule was not required in statute. the rule was designed to provide greater clarity about the purpose by which the process would engage in designations. >> and let me ask you also, have you all taken a look at or considered any adverse affects of the designation? >> so the affects of the designation are -- >> adverse effects. >> right. there are certain effects that require greater supervision, heightened capital standards, liquidity requirements. i don't think those are adverse effects. i think those are effects that a...