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So, there is a bottleneck and we cannot get enough oil down to the refineries located in the gulf coast and this would alleviate that. it does nothing to bring the oil in canada to this country. >>neil: there are two messages of president obama, one i believe in helping the oil guys and i believe in drilling, but, then, there is maybe, for your industry, the evil obama who comes out and says i will take the subsidies appear they had it too easy for too long and they are making too much money and it is ridiculous. those are pretty extreme mixed messages. >>guest: they are mixed messages. to say...

So please base out. write us a check through a central european fiscal fund or get the european central bank to buy our products. megyn: i don't want to not without having greater control over what to do in the future. explain how the united states gets involved in this. we saw the two guys who run the euro meeting with our president, with our secretary of state. with geithner, with bernanke, why are we so involved in this and what are we going do? >> what we are worried about is a european recession. a big chunk of our exports go to europe. megyn: we understand that but we don't want to cut a...

>> bill: when you say dispersed. there has got an a check or money wire trr -- is there a central bank where the money goes. should i donate privately in the united states $10 billion? where does it go? >> all the money goes into one central fund. the money is then dispersed to an array of international governments. >> bill: do you know where that fund is? is it in switzerland or new york? do you know where it is? >> i'm not sure exactly where that. >> bill: i would love that know that we will find that out. >> that's a very important question. >> bill: yeah. >> increasinglily it's being dispe...

>> bill: when you say dispersed. there has got an a check or money wire trr -- is there a central bank where the money goes. should i donate privately in the united states $10 billion? where does it go? >> all the money goes into one central fund. the money is then dispersed to an array of international governments. >> bill: do you know where that fund is? is it in switzerland or new york? do you know where it is? >> i'm not sure exactly where that. >> bill: i would love that know that we will find that out. >> that's a very important question. >> bill: yeah. >> increasinglily it's being dispe...

>> bill: when you say dispersed. there has got an a check or money wire trr -- is there a central bank where the money goes. should i donate privately in the united states $10 billion? where does it go? >> all the money goes into one central fund. the money is then dispersed to an array of international governments. >> bill: do you know where that fund is? is it in switzerland or new york? do you know where it is? >> i'm not sure exactly where that. >> bill: i would love that know that we will find that out. >> that's a very important question. >> bill: yeah. >> increasinglily it's being dispe...