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Colleagues on the house ethics committee. one thing i found in here that was quite interesting, she did not want to get involved with one united bank about anything about the new t.a.r.p. program because, "my husband had once served on the board and still held investments there. i felt they should seek assistance from chairman frank." the best person in congress to help this bank was barney frank. well, that conflicts who mr. frank said he tried to not get mrs. waters involved in this because of the conflict of interest. it is going to be very interesting to see how this all plays out and it w...

But in a real world sense, they really don't get the importance of working from the bottom up. >> so if you were the president. what would you do? look, i need a new adviser? would you fire larry summers. look, you said i should continue with the t.a.r.p. program. you said we'll have more jobs. we don't have more jobs. t.a.r.p. doesn't work. you're fired. >> i don't think it's necessary to fire them. they're smart people. what's necessary is to get a different perspective as part of the team. what i would do, in my opinion, and i'm certainly open to other suggestions. there's only one way to c...

The inspector general of the tarp program, he's the guy who was savage in his criticism of the auto dealership bailout, of the housing bailout, savage. he has no role, no oversight whatsoever in this brand new bank bailout fund. he's been shunted to the side. thee going to hire a whole new bureaucracy of people to oversee this program. get out of the way. no oversight. >> now, in the intro to that, to that segment it was read it will go to banks that might not be able to repay the money. that's troubling for all of us who think this is down the money pit thing. >> yes. this has lit a fire unde...

Restore fiscal discipline and restore viability. today all u.s. automakers are operating at a profit. >> michael smerconish is a radio talk show host and an msnbc contributor. i want to get straight to what the columnist in the "detroit free press" said about the fact that chrysler is not only alive but profitable in a weak market after years of losing billions of dollars when car and truck sales were 50% higher, it looks like more than just a successful government intervention, it looks like a flat out miracle. what's your take? >> i have a lot of radio listeners that i would like to introduc...

Nose saying wait a minute, you're cutting taxes but what happens when we get hit with the massive -- >> neil: that's what happens, steve. the bottom line is, this is easily a bait and switch campaign. >> it is. in fact, the other interesting thing, i don't know if you saw it in the editorial today, but there's another feature in the bill that takes $30 billion of treasury money and uses that to essentially invest in banks. take ownership in small banks. community banks and use that money to lend money to small businesses. that sounds lucky the tarp program we had a year -- like the tarp progra...