Counterproductive Comment?

" In the meantime the chairman of the house financial services committee Massachusetts congressman Barney Frank. Is talking a whole lot about taxes take a listen to what he had to say there."

" Yes I believe they don't run they should be -- speaking personally. I think you ought to very rich people out do whom we can tax at a headache point down the road and recovered some this money."

" And so is that the right thing that he wants to say just. -- the election here now is Republican New Jersey congressman Scott Garrett a member of the financial services committee welcomes about congressman Garrett. What is your reaction to what congressman Barney I sat. And this is she said that's just yesterday."

" They had no surprise and it's incumbent anyone -- surprised at all that's where the Democrat party really wants to bring the country. And I remember being in a new low legislator few years back to be on the floor of the House of Representatives from someone there the other side of the -- says we need to tax the rich. And the debate not discussion went on and they somewhat pathetic how do you define the rich and their answer was what people making over 75000. Dollars. Well maybe in his state that's rich but where I -- the state in New Jersey both the husband and wife to be making 75000 dollars and you would hardly be classified as rich and our state anyway."

" Okay LA it would be surprising if that's somebody running for elections set I'm not going to raise your taxes I'm not going to raise your taxes. That they get an office and say well you know circumstances or have changed unfortunately I'm going to have to raise your taxes if Barack Obama wins becomes the -- United States. Do you believe that key and conjunction with the house and the Senate are going to push. For a tax increase beyond what they've already discussed attacks in Jerusalem for people making under 250000. Dollars here."

" I think it has to come if he wants to do everything that he's talking about I mean yes -- to make a plan out there to provide free this free that free every -- universal healthcare universal this. It all doesn't come without a cost now they'll tell you though we can pay for all these things that we pay and the war in Iraq which we all want to do and be if we do away with the president tax cuts well remember. That 3 tax cuts but remember we do away with one tax cut. -- on the one hand that's basically raising your taxes on the other hand so yes obviously if Rivera -- Senator Obama becomes president. All of us have to be afraid very much afraid that our taxes will be going up."

" Okay at Bobby asked about the economic stimulus plan would -- is separate from. The 700 billion dollar economic rescue it's something that Nancy Pelosi Barack Obama pushing we've heard. Anywhere from not only cost you 150. Billion dollars to -- 300 billion dollars. What's your take on this is something like this going to go thrill at a going to try to push it through after after the election."

" and what they're doing right now is all the theatrics they had chairman Bernanke come on again just like they did last year within the bailout plan says do we need this and of course is that sure why not. And so they they'll hang on that and say what the chairman of the Fed says we need this. But look what happened last time that was done. And they handed out 600 dollars checks everybody you saw little spike a little pop up in that fact that quarter but then it all went down again as far as the economy. You know the American public was pretty a lot of common sense and they realize that that the last stimulus package. Did nothing except made them feel good for a short period of time they paid off a mortgage payment to pay the rent they what do TV or something like that. It did absolutely nothing. You've turned the economy around and give us the stimulus in the long term and neither the."

" All right congressman Scott Garrett thanks a lot for joining us I would certainly get."