Detailed text transcripts for TV channel - MSNBC - 20111103:20:22:00
There a positive to the fact that at least a decision was made quickly? is that part of the problem of what's happening in europe? >> very quickly, let me answer that. i can see -- the argument is, at least there was quick resolution in the united states, we were able to get the money printers fired up, we were able to provide the bond insurance for all the major financial institutions and avoid further disruption, which is a totally understandable argument. it just presumes that there's no need to restructure anything. it's basically saying, we're just in this sort of cyclical thing and if yo...