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Published: Fri, 16 Jan 2009
Description: Rep. Scott Garrett on the TARP money
Automatically Generated Transcript (may not be 100% accurate)
" New secretary of the -- so we'll talk about your view of Jim Gardner's qualifications elect them."
" That such -- thing he actually do some protections that fault actually -- Against spending some of the money before you going to happen that its source but he was authorizing agreeing to but I think the bulk of the money will be spent by president. Obama wants becomes an agreement wasn't bush it was necessary kept -- for the money he did it at the request of president elect Obama."
" I'm looking at the list of senators who voted in favor of TARP in September. But against releasing the second half yesterday. To a well with one exception Ben Nelson. These are all Republicans. Who were basically saying to the separate in the Republican secretary of the treasury to a Republican president. We don't like you did we don't like -- you spent it we don't trust you to spend the second half."
" Yeah and then their right to say that because the American public if on the same page as they are the American public didn't want us to spend their first three effective it's that. American public didn't like the way that -- licensed under. And assure the American public once they realize what the complexities going to be spent dominant next go around -- it's equally outrageous and hopefully. -- picked up outrage on those people who voted for -- conflict and election."
" Congressman we we think were out of the the woods and then we just gonna find it's gonna be stimulus or tax cuts in the party apparel with the decision. But there we do things like city groups say we have to break up and we -- Bank of America I need more money how tenuous our times."
" Well currently we're in difficult times over -- the occupation get a patent and the GOP conference and he got to put things in perspective -- how the economy is. The credit issue -- straighter than outlook during Vietnam Carter administration. When we get that interest rates up in the double digits. High energy prices and a -- and importantly as well. Fortunately we're not looking at that idea double digit interest rates and the energy prices fortunately have come back down again and so in some perspective yet yet political perspective. We're not -- great location and a great position. But we're still a great country and if we do the right to. If you move for economic prospect Richard Neer wrote openly question to move in the right direction as opposed the wrong direction we can come out of -- be a strong economic --"
" Well will the Republicans find their voices I mean I didn't hear John -- say oh my god when George Bush won the TARP. -- Republicans find their voice is now that they are shrinking minority in each house now that they or as of Tuesday. Will not have the White House will they become more free market more more sure in defense of the constitution and the proper role of the congress and our economy."
" Plus the as the number Republicans have shrunk over time in the last couple elections because Republicans that are still and I'm sitting feet are up more conservative and finding -- And that's why would dispute perspectives that we just rolled out this past week I think there's more reflective of what does Republican Party stood for."
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