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It provides for a permanent bailout of big wall street firms. it creates this financial stability control board, all bureaucrats in the administration, that gives them the ability to take over any company in america that they see fit. this is not what the american people want. >> pat, are the republican fears overblown? >> you know, i think the fact they're standing up against obama when obama has the wind at his back tells me they may have a legitimate point -- >> you mean politically? >> politically it takes a little guts to stand up now when obama's winning. i thought the point he was makin...

>> their bill goes so much further than that. it institutionalizes too big to fail. it provides for a permanent bailout of big wall street firms. it creates this financial stability control board, all bureaucrats in the administration, that gives them the ability to take over any company in america that they see fit. this is not what the american people want. >> you know, mika, there seems to be a disconnect between the reporting we hear every morning on this set over the past two, three days that it's becoming a bipartisan effort with 70, 75 votes possibly supporting the president's bill and ...

Stability control board, all bureaucrats, in the administration, that gives them the ability to take over any company in america that they see fit. this is not what the american people want. >> stephanie, if that's what the american people want what do they want in order to open up credit for them so they can get what they need to buy homes, buy cars, you know, start up businesses. what do americans want according to your listeners? >> that's exactly right, alex. what they want to know is why did they bail out these banks and then they still can't get a loan? obviously this behavior needs to b...