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Alternative to having the resolve to actually engage in solving the problems, in the banking system, in the educational system, in the health care system. and the democrats are disingenuous in my view, unlike the republicans, because they offer up these nonsensical ideas, like, oh, well, we'll just print some more money and pay off the people that we're screwing over, which at least makes us better than the republicans. >> right. i think you're talking about principle. and principle is different than a negotiating posture. i'm reminded of the tom tomorrow cartoon. he does those great political...

Same thing. let's listen to the former president. >> i'm afraid the democrats will draw the conclusion that because congressman ryan's proposal i think is not the best one, that we shouldn't do anything. and i completely disagree with that. i think there are lots of things you can do to bring down medicare costs. >> that opens the question, if the republicans do recognize that they made a mistake in a negotiating posture before the next election, i think mcconnell is by the way the leader of republicans in this senate. he does not want this next year to be about their plan on medicare. will yo...

Nonpartisan mode. now look at him today. here he issed talking about the same thing. let's listen to the former president. >> i'm afraid the democrats will draw the conclusion that because congressman ryan's proposal i think is not the best one, that we shouldn't do anything. and i completely disagree with that. i think there are lots of things you can do to bring down medicare costs. >> that opens the question, if the republicans do recognize that they made a mistake in a negotiating posture before the next election, i think mcconnell is by the way the leader of republicans in this senate. he...

All this? >> absolutely. all the rank and file understand what i just said. the danger in trying to use the debt limit as negotiating tactic, saying we need big spending cuts like the ryan budget or any other type of negotiating posture, you end up in a negotiations that brings you past the point the market freaks out. to have a credible negotiations, you have to be willing to say we're not going raise this thing if you don't agree with us. the administration has to make their counter offer and so on we go. we don't know at what point the market say, you know what, maybe they won't agree and p...

Legitimately conducting a criminal investigation and has every right to do so to protect the interest of the american people participating in what amounts to a $20 billion slush fund that's unprecedented in our nation's history, that's got no legal standing and which set, i think, a terrible precedent for the future. >> mr. hofmeister, joe barton is from where you are. you are in texas today. i assume you have known him a long time. he's an ally of the industry. bp under political pressure sat across the table and negotiated this deal with the white house. why would he call. a shakedown and a ...