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Detailed text transcripts for TV channel - CNN - 20100630:23:12:00

But who should be upset about it and who i think will be upset about it as they figure out how this thing works are small banks and medium sized banks because it s going to be much more difficult to lend and the bureaucracy is going to be more difficult for those small banks. senator whitehouse, is it as horrible as senator gregg suggests? no, it s the most significant reform of the financial system since the great depression. it creates fire walls so that banks are no longer infesting in highly speculative matters with other peoples, regular folks, money. it sep ramts the investment side from the regular banking side. it requires derivatives to go through a transparent market before they can be sold, and put some transparency and a spotlight on all of that. let me ask the question this way, if it s so good, you describe it as great, then why can t the leadership find right now you ve got one or two republican votes. why aren t 6 or 8 or 10 or 12 or ....

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Detailed text transcripts for TV channel - CNN - 20100630:23:52:00

certainly not her opponent. it is very interesting. i ve been telling my campaigns out there, this is the year to connect, not to convince. i don t know that this quite is the connection that you re looking for in a broader sense. i can t decide what s more disconcerting, is just the sound of the gun or the sound of the voiceover on that ad. because the voiceover sounds a little saturday night live -ish. guns have always been a tough issue for the democrats. sure have. famous hunting pictures. particularly tough for given the fact obama s president and the nra doesn t like him and so anytime a republican can raise the gun issue, am i wrong well, it becomes news when a democrat gets strickland got the nra endorsement in ohio maybe reid will get it in neva nevada. elizabeth edwards is on larry king live tonight. she talks about the difficulty of supporting her husband after she became aware of his infidelity. i knew about one incident. ....

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Detailed text transcripts for TV channel - CNN - 20100630:23:32:00

Tweet, this happened before, for example, i talked to one democrat rank and file senator who said something that really infuriated the leadership it got to them in a nano second, brought into them in a leadership meeting and it changed the internal dynamics. i use it not just to give information out, i also use it to get information. so i ll put up sort of a provocative question on facebook. and people will respond to that. and give me all kinds of ideas. and sort of threads and things to think about that i never even thought about before. so i sort of use it to gather information, sort of the voice of the people, writ small. especially breaking news stories like the gulf story. you tweet it, you read other peerjs you follow it. it s a great way to do it. let s move on to those kagan hearings where a lot of people were tweeting. 18-plus hours in the chair. dana, you were there for most of it, if not all of it. this is elaiena kagan and linds graham talking about an evolving issue i ....

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Detailed text transcripts for TV channel - CNN - 20100630:23:14:00

Significant financial crisis we had late 2008. but it doesn t address it. it misses the point. now there was a very strong bipartisan effort to move forward on this bill. i was very much involved in that. i went and negotiated for months with senator jack reid, from rhode island, on the issue of derivatives reform. bob caulker negotiated for months on the issue of negotiation resolution authority. a lot of efforts. unfortunately, it didn t come out that way. it came out in a way that really, in my opinion, does not get to the core issues. the core issues are how you make sure we don t have going forward a systemic threat to our system and how you keep the united states the best place to go to if you ve got an idea and you want to go out and take a risk and create a job to get credit. both of those issues are not addressed in this bill. in fact, the ability to get credit is significantly undermined. i think sheldon s comments were really unnecessary. ....

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Detailed text transcripts for TV channel - CNN - 20100630:23:17:00

Underneath massive debt by adding more debt. and so a responsible way to approach all these issue, unemployment insurance and the issue of teachers, is to pay for the spending senator whitehouse, to senator gregg s point, there is a growing concern in the country about spending and the deficit. why can t democrats find the money somewhere else or use unused stimulus money? find the money somewhere to pay for this bill? the stimulus money is on its way out to continue to create jobs. so to take the money away from creating jobs and put it into the disappointing unemployment insurance doesn t make sense. what makes sense, while we are still pulling out of the crash dive that the bush economy left and that president obama inherited, is to make sure that we can support the continued economic growth we ve seen. president obama came in with 700,000 jobs being lost in america every month. that was a serious crash dive course that we were on. president obama, thanks to the stimulus, than ....

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