| 00:00:03 |
HOST, -
CAMPAIGN COMMITTEE. WILL REPUBLICANS TAKE OVER THE HOUSE? GUEST: THEY HAVE A GREAT DESIRE TO DO IT, BUT YOU HAVE TO RUN MORE RACES. THEY HAVE DONE A...
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| 00:00:17 |
GUEST, -
RECRUITING JOB THIS YEAR THAN AT ANY TIME IN HISTORY. THERE IS A LOT OF BANKS OUT THERE. THE DEMOCRATS HAD DONE A GREAT JOB OF POSITIONING CANDIDATES...
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| 00:01:42 |
HOST, -
GOP AND 2010 ELECTIONS. WHAT WOULD YOU MENTION IN TERMS OF STRATEGY? IS IT DIFFERENT DEPENDING ON WHERE YOU ARE? GUEST: YOU ARE NOT PUTTING IS BACK IN...
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| 00:02:01 |
GUEST, -
SEAT AT THE TABLE SO THAT WE CAN BALANCE WITH THE OBAMA ADMINISTRATION IS DOING. LET'S HAVE BIPARTISAN GOVERNMENT. UNDER THE CLINTON WE GOT A BALANCED...
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| 00:02:51 |
HOST, -
SIX OF 10 AMERICANS LACK FAITH IN THE PRESIDENT, BUT MOVE THIS ON TO CONGRESS AND SAID THOSE NUMBERS ARE NOT GREAT EITHER. THEY ASK THE BASIC QUESTION,...
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| 00:03:39 |
GUEST, -
ON WHERE THE DEMOCRATS ARE GOING. IF YOU LOOK BACK OVER THE YEARS ALMOST THREE-FOURTHS OF THE TIME WE HAD DIVIDED GOVERNMENT. THE PUBLIC DOES NOT TRUST...
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| 00:04:35 |
HOST, -
HOST: WITH ALL THE DEMOCRATIC ARGUMENT ABOUT
|
| 00:04:39 |
GUEST, -
THE REPUBLICANS BEING THE PARTY OF NO, IS THERE ANYTHING AT
|
| 00:04:44 |
HOST, -
THIS POINT THE GOP SHOULD VOTE FOR IN CONGRESS THAT MIGHT HELP THEM IN THEIR PURSUIT IN THE FALL? GUEST: MAY BE WITH REGARD TO A CERTAIN BILL. IN 1978...
|
| 00:05:00 |
GUEST, -
CONTROL OF GOVERNMENT DURING A TOUGH ECONOMY. THAT YEAR THE REPUBLICANS PLAY BALL ON THE PANAMA CANAL AND OTHER ISSUES. THE VOTERS ADMINISTERED A BIPARTISAN...
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| 00:05:44 |
HOST, -
CALLER: I HAVE BEEN WATCHING THE POLITICAL LANDSCAPE. I DON'T REALLY SEE WHAT THE
|
| 00:05:53 |
CALLER, -
REPUBLICAN PARTY HAS TO OFFER OTHER THAN [UNINTELLIGIBLE] A MONITORING STRATEGY BY ADVERTISING. THESE THINGS HAVE TO BE PAID FOR, THESE TAX CUTS FOR THE...
|
| 00:07:09 |
GUEST, -
THE REPUBLICANS WANT TO TURN AROUND A TREND WHERE 47% OF AMERICAN HOUSEHOLDS. FEDERAL INCOME TAX. YOU CAN TALK ABOUT THE RICH GETTING AWAY WITH STUFF....
|
| 00:09:36 |
HOST, -
HAVE BEEN WATCHING OF THE"
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| 00:09:39 |
CALLER, -
FRONTLINE"ON THE INTERNET. I SAW A DOCUMENTARY CALLED "THE WARNING" MENTIONING BROOKSLEY --ARE YOU FAMILIAR WITH HER? GUEST: YES. CALLER: SHE APPARENTLY
|
| 00:10:08 |
GUEST, -
WARNED ALAN GREENSPAN IN 1996 OF THIS CRISIS, EXACTLY AS WE ARE EXPERIENCING IT.
|
| 00:10:14 |
CALLER, -
I HAVE NOTICED THERE HAS BEEN A LOT OF ANTI-REPUBLICAN RHETORIC ASSOCIATED WITH THIS ECONOMIC CRISIS. THAT IS EXCEPT THAT AS FAR AS I CAN TELL, IT WAS...
|
| 00:11:20 |
GUEST, -
RIGHT TO HEDGE. THE PROBLEM IS THERE WERE NOT TRANSPARENT. AS A RESULT, I THINK WHEN THE CRISIS HIT IT WAS DEEPER THAN ANYONE COULD HAVE KNOWN. THEY...
|
| 00:13:33 |
HOST, -
WHAT ABOUT YOUR CURRENT GROUP? GUEST: WE ARE GROUP OF REPUBLICANS NOW BELIEVE IN GOVERNING. WE LIKE TO WORK ACROSS PARTY LINES, IF
|
| 00:13:44 |
GUEST, -
THAT IS WHAT IT TAKES. WE FOCUS MORE ON ECONOMIC ISSUES THAN ON SOCIAL ISSUES. WE ARE MAIN STREET. WE HAVE OVER 40 MEMBERS OF THE HOUSE AND SENATE WHO...
|
| 00:14:08 |
HOST, -
TIMES." AND IN THIS PAPER, THE REPORTER WRITES ABOUT THE TEA PARTY AND PASSED TO POWER. GUEST: THEY ADD A LOT OF ENERGY, MOST OF IT ON THE REPUBLICAN...
|
| 00:14:29 |
GUEST, -
SOME PROBLEMS WITHIN THE PARTY BECAUSE THEY ARE CHALLENGING LONGSTANDING PARTY LEADERSHIP. THEIR CANDIDATES ARE MOVING FORWARD AND THEY DON'T NECESSARILY...
|
| 00:15:32 |
HOST, -
WITH THIS, YOU GUYS HAVE GOT TO BE RUNNING ON THIS YEAR, IT SEEMS IT IS BASED ON
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| 00:15:39 |
CALLER, -
DIVISIVENESS AND APOLOGIZING TO BUSINESSES. WHAT ARE YOU RUNNING ON THAT IS POSITIVE FOR AMERICA? GUEST: THE PARTY LINE RIGHT NOW IS THAT THE DEBT IS...
|
| 00:16:00 |
GUEST, -
WE ARE THE AIRPLANE FLYING INTO THE MOUNTAIN. WE CANNOT SUSTAIN IT. THE ENTITLEMENTS AND THE DEBT WILL EAT UP DOLLARS FOR EDUCATION, FOR RESEARCH AND...
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| 00:17:51 |
HOST, -
THE GUEST THAT I GREW UP REPUBLICAN, AND NO LONGER AN REPUBLICAN. I DO
|
| 00:17:56 |
CALLER, -
NOT EXPECT A WILL EVER VOTE REPUBLICAN AGAIN FOR A NUMBER OF REASONS, ONE OF IT WHICH IS THAT YOUR GROUP REFUSES TO HAVE ME AS A MEMBER. GUEST: WHAT DOES...
|
| 00:18:17 |
GUEST, -
ATHEIST, AND THEN ORDERED TO JOIN THE PARTY IT MEANS YOU HAVE TO STATE THAT YOU BELIEVE IN GOD.
|
| 00:18:22 |
CALLER, -
GUEST: IT IS NOT TRUE. WE HAVE A LOT OF SECULAR PEOPLE.
|
| 00:18:29 |
GUEST, -
CALLER: I WILL NOT SIGN THAT. YOU CAN SAY WHATEVER YOU WANT, AND YOU PROBABLY HAVE NOT SIGN SUCH A THING FOR A LONG TIME AND JUST
|
| 00:18:37 |
CALLER, -
DO NOT KNOW. HOST: IS THERE AN APPLICATION? GUEST: NOT IN VIRGINIA. EVERYONE
|
| 00:18:46 |
HOST, -
IS AN INDEPENDENT, AND WHEN THE PRIMARY OCCURRED YOU CAN GO
|
| 00:18:50 |
GUEST, -
TO THE DEMOCRAT OR REPUBLICAN PRIMARY, IT CAN SWITCH FROM YEAR TO YEAR. YOU DO HAVE PARTY CONVENTIONS AND PLEDGES THEY ASK YOU TO SON. BUT THERE IS NO...
|
| 00:19:12 |
HOST, -
GUEST: HE CAN VOTE FOR US, IT KEEP THE NATIONAL ECONOMY GOING. I WILL PERSONALLY INVITE HIM INTO THE REPUBLICAN PARTY.
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| 00:19:20 |
GUEST, -
HOST: BACK TO THE VIEWER'S QUESTION. GUEST: NO, I THINK IT IS MORE NUANCED THAN THAT.
|
| 00:19:29 |
HOST, -
YOU HAVE DIFFERENT PARTS OF MEDICARE, THE FROM PARTS OF SOCIAL SECURITY.
|
| 00:19:33 |
GUEST, -
WE ARE CURRENTLY PAYING OUT MORE THAN WE TAKE IN FOR SOCIAL SECURITY FOR THE FIRST TIME EVER. THAT DEPENDS ON HOW YOU LOOK AT THE NUMBERS. PEOPLE ARE...
|
| 00:20:22 |
HOST, -
ADMIT THIS. IT WAS DRIVEN BY TWO FACTORS.
|
| 00:20:26 |
GUEST, -
THE SENATE VOTE, GETTING 60 VOTES. THERE ARE REMARKS AND THE LIKE EVERYONE IS AWARE OF, BUT THAT IS HOW YOU GET 60 VOTES -- THERE ARE EARMARKS, AND THE...
|
| 00:21:32 |
HOST, -
IN THE NOVEMBER. THE PAPER SAYS THAT THE BANK BAILOUT IS A POTENT ISSUE FOR THE FALL ELECTION, TALKING ABOUT THE TARP. EVEN THOUGH MOST OF THAT MONEY...
|
| 00:22:12 |
GUEST, -
I VOTED FOR TARP BECAUSE I THINK OF WE HAVE NOT, THE RAMIFICATIONS WOULD HAVE MADE THIS RECESSION MUCH WORSE, PROBABLY A DEPRESSION. PEOPLE HAVE TO...
|
| 00:23:25 |
HOST, -
I AM A SMALL BUSINESSMAN. YOU'RE TALKING ABOUT HEALTH CARE. FOR EXAMPLE, THE HEALTHCARE
|
| 00:23:31 |
CALLER, -
BILL, AND THE POLITICAL REALM, IT WAS TO REDUCE COSTS. SAYING THAT COSTS ARE OUT OF CONTROL AND SO OUR PREMIUMS. THE PEOPLE CANNOT AFFORD IT. THAT WAS...
|
| 00:25:46 |
GUEST, -
DOES NOT ALWAYS OPERATE THE WAY YOU THINK. YOU CAN DESIGN A HEALTH CARE PLAN THAT WOULD BEEN THE COST CURVE. IT IS POSSIBLE. YOU COULD GET EXPERTS TO...
|
| 00:28:23 |
GUEST, -
HOUSE WILL BE DECIDED IN NOVEMBER AND IT IS VERY MUCH UP IN THE AIR AT THIS POINT. , EVERYBODY UNDERSTANDS, HE IS HONEST ENOUGH TO ADMIT THAT AND HE...
|
| 00:29:33 |
GUEST, -
THINK IT IS -- BOEHNER, I THINK IT IS PROBABLY SETTLED. CALLER: I REMEMBER HOW REPUBLICANS TOOK CARE OF INFRASTRUCTURE IN THE UNITED STATES, THAT WAS...
|
| 00:29:50 |
CALLER, -
EARLIER. MY QUESTION IS, WHY VOTE BACK IN THE ONES WHO WANTED TO DEREGULATE EVERYTHING? AIRLINES, BANKING, BUSINESS, OIL COMPANIES, THAT CAUSED THE...
|
| 00:30:54 |
HOST, -
DEMOCRAT, BANKING
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| 00:30:56 |
GUEST, -
DEREGULATION WAS SIGNED BY BILL CLINTON, THE REPEAL OF GLASS-STEAGALL. IT WAS REPUBLICAN CONGRESS AND THE SECOND CASE AND THE FIRST CASE IT WAS DEMOCRATIC...
|
| 00:31:43 |
HOST, -
YORK POST" TODAY. ARIAN NATION -- ALIEN-ATION NATION. WHAT DO YOU THINK OF THIS ARIZONA LAW? GUEST: CONGRESS HAS FAILED TO ACT ON EMIGRATION SINCE 1986....
|
| 00:32:06 |
GUEST, -
THAT CAME WITH THAT BILL. HAD WE CONTROL THE BORDERS, I THINK IT WOULD HAVE BEEN A GREAT BILL. BUT WE DID NOT DO THAT. OVER 10 MILLION PEOPLE STREAMED...
|
| 00:33:28 |
HOST, -
IF THE FEDERAL GOVERNMENT WERE DOING ITS JOB IT WOULD BE ONE
|
| 00:33:31 |
GUEST, -
SAY WE WANT FEDERAL PREEMPTION. WHEN THE FEDERAL GOVERNMENT HAS HAD ITS HEAD IN THE SAND AT THE LAST 25 YEARS, I DON'T THINK IT IS A GOOD IDEA. HOST:...
|
| 00:33:46 |
HOST, -
CONGRESSIONAL AREA -- ACTION. HOST:
|
| 00:33:49 |
GUEST, -
LINCOLNTON, GO AHEAD. CALLER: ONE COMMENT AND TWO QUESTIONS. I WILL BE ASSISTING. ON TARP, I
|
| 00:33:58 |
HOST, -
DISAGREE WITH
|
| 00:33:59 |
CALLER, -
EVERYTHING YOU SAID. THE TARP LEGISLATION, SECRETARY PAULSON DID NOT EVEN DO WITH THE MONEY WHAT THE LEGISLATION WAS INTENDED FOR. GUEST: I AGREE WITH...
|
| 00:34:15 |
GUEST, -
ACCOMPLISHMENT, $15 BILLION WENT TO BONUSES FOR MERRILL LYNCH.
|
| 00:34:18 |
CALLER, -
THAT WAS THE BIGGEST THING IS IT ENABLED THE BANKS TO COLLECT BONUS IS THAT YOUR. TO MY TWO QUESTIONS. YOU MENTIONED ON THE CREDIT DEFAULT SWAPS, BASICALLY...
|
| 00:35:42 |
HOST, -
MODERNIZATION ACT BUT IT WAS AN OVERWHELMING VOTE FOR IT IN THE HOUSE. AT LEAST
|
| 00:35:46 |
GUEST, -
THAT PART OF THE BILL WAS A MISTAKE. WHAT WE HAVE GONE THROUGH -- ON THE TARP ISSUE, IT WAS A TOUGH VOTE. WE KNEW IT WOULD NOT BE POPULAR VOTE. WHAT...
|
| 00:37:50 |
GUEST, -
NOT GET ANY CHANGES FROM THEN. I WENT THROUGH A LOT OF CRITICISM WHEN I WAS CHAIRMAN OF THE REPUBLICAN CAMPAIGN COMMITTEE AND I KEPT SAYING MY REPORT...
|
| 00:38:25 |
HOST, -
OBAMA NOT WINNING IN 2012 AGAINST A REPUBLICAN. HE IS THINKING ABOUT IT. GUEST: HE IS, I THOUGHT, WHAT EVER PERSONAL FOIBLES HE MIGHT HAVE HAD, COMING...
|
| 00:38:41 |
GUEST, -
THINK ANYBODY IN OUR PARTY WITH THE KIND OF IDEA MACHINE THAT NEWT GINGRICH HAS, BEING ABLE TO ADOPT THAT AND TRANSLATE IT TO VOTERS. IS THIS ELECTION...
|
| 00:39:40 |
HOST, -
OUT OF POWER WITH A LOT OF PEOPLE TRYING
|
| 00:39:43 |
GUEST, -
OUT THE VOTERS WILL DECIDE WHO THE LEADER OF THE PARTY IS THROUGH THE PRIMARY PROCESS IN 2012. WE ARE A BROAD CAMP RIGHT NOW AND EVERYBODY IS WELCOME...
|
| 00:40:04 |
HOST, -
CALLER: YOU WORKED IN CONGRESS FOR 10 YEARS AND NOW YOU ARE A LOBBYIST, LOBBYING THE SAME PEOPLE YOU
|
| 00:40:12 |
CALLER, -
DEALT WITH. HOW COME ALL THESE ARE COMING UP NOW THAT YOU ARE OUT OF OFFICE AND YOU REALLY DID NOT GET ANYTHING DONE WHILE YOU WERE IN OFFICE AND YOU...
|
| 00:40:40 |
GUEST, -
HAD OVER 100 BILL SIGNED INTO LAW. BUT ONE PERSON CANNOT DO ANYTHING. ONE THING THAT LED ME TO LEAVE -- REPUBLICANS LOST MAJORITY, AND WE ARE TERM LIMITS...
|
| 00:41:34 |
HOST, -
THE BIGGEST QUESTION, SEEING A LOT OF US AMERICANS ARE TAKING HALF A CUT
|
| 00:41:39 |
CALLER, -
IN PAY, WHY AREN'T LEGISLATORS TAKING HALF A CUT, PAY TWO-THIRDS OF THEIR MEDICAL BENEFITS, AND WHEN THEY ARE DONE WITH THEIR TERM, THEY SHOULD NOT ...
|
| 00:42:09 |
HOST, -
RAISE THIS YEAR. THEY GET AN AUTOMATIC PAY RAISE,
|
| 00:42:13 |
GUEST, -
AS THE COST OF LIVING INCREASES. IT IS LESS THAN WHAT NORMAL FEDERAL EMPLOYEES GET. BUT CONGRESS UNDER THE LAW GETS AN INCREASE EVERY YEAR IF THE...
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.