Detailed text transcripts for TV channel - MSNBC - 20110427:20:18:00
Spends too much money, get control of the debt, the debt was a very serious problem but he controls the tools for that and of course it is policy that the fed is supposed to buy up debt and keep interest rates low and that's going to stimulate the economy. but if we didn't have that policy, that's the most significant policy change that we could have, is take away the power of the fed to buy the debt that congress create f they couldn't do that, the fed couldn't do that interest rates would go up and they say, oh, horrors, horrors, well, more people would save number and drive interest rates d...