Stress Test

" And okay. I'm gonna go to -- style talk a little bit about credit card crisis that is coming your way nationalizing our banks and it. Behavioral. Economists. Psychologists that are. Are working for the president's team you can we start there from Los Angeles Ben Stein -- we have to fit slid each other out. And good yes they -- is this the way we can beat each other and Obama American deaths are good people well are living. Yes okay so so bad battery out on this one Lola let's first of all did you hear about -- just there. Yes I -- I was very impressed it's America it's a miracle my senators not. I wish -- well she's -- senator and we we -- to be happy well she's apparently very happy and doing very very well in these economic tough times. -- got Muslim -- He has because there's no crowd as their manager that's -- blessing leaning down on the this is -- can you can use a million on this I love this story that nobody seems to be covering and that is. The the behavioral scientists better advising. The president."

" Well I think it's actually gotten a good idea but they've found is that if you give people a big check our medium sized -- a small check. Does this either -- event are -- them matters as I mean they will not stand up but have you reduced. There with holdings each executive -- spend more and that that is what the behavioral scientists. Told President Obama -- doesn't seem to me to require a Ph.D. and game real science understand. I -- I don't think it's gonna work in any event by the way the real question. I think should be used to ask is is there any evidence that any of this of the war against size room. Actions that saves specific banks -- and is there any evidence that any of this is working it's not at all clear. That and it isn't working and is not at all clear to him out of battery -- rapid recovery without some of these programs may that lets not clear how well."

" Well I guess we get asked the dashboard about Obama now available inclement Telecom -- for a -- is it working. Look at that -- he's saying well yes it is yes then you can what we had a medic could meet Jessica Lee summit -- Is there any chance it won't work."

" He's saying no old -- we -- he definitely work. Blade I'm glad you're actually raised a good point because if he and all of his economic team would say it's gonna work -- going to work is gonna work everybody Baghdad runs at your wallets and start spending. The recovery would start very very quickly but he will go on -- a couple of days saying it's going to recover and I say now it's not very governor and he doesn't have this team -- that. Confidence is everything he -- at all as a buzz they're saying it's -- cover."

" So then so help me out on this because -- I think you bring up a very good people you really have a good point on this. Bank of America. Bank of America -- all these banks are doing fine and then all of -- sudden Robert Reich and it even gets into bed with the this is so weird another coincidence the service union you know those people who -- the service workers you know that that helped throw the the --"

" I'm very well yeah I sometimes get -- Hi Andy stern not live near each other and I'm in -- I sometimes get his mail so I know I know areas."

" Okay you don't open a billion or do you just email question on -- so all right so you've got to you've got to service workers. Now going after. Bank of America this. That's got to be really healthy for a bank open and there's something else. The banks also are going under the stress test which is weird that they would announce that because the FDIC already does that with the banks every single month. It's all -- like. Like somebody wants the banks to --"

" Be in bad shape. Well actually I don't think they're gonna say that any of the banks is going to fail I mean it would be a complete. Contradiction the purpose of those assets of the announced after the stress says there's several of the big -- you're gonna fail I -- feel fairly certain that they're gonna say with proper guidance and Zimmerman and government help they'll all be fine otherwise why do -- me why you do anything to disrupt consumer constantly got a real."

" nonsense that things don't make sense -- you've got you've you do in this in the -- and you say we're trying to build them up and meanwhile you're tearing them down you're saying that GM shouldn't go through bankruptcy and then you say they should prepare for bankruptcy none of it makes sense. There really no -- does that the people or they're they're talking out of both sides of their mouth for a reason."

" Well well they're politicians are you dug out of both sides there -- human beings and therefore there's -- good and their brand do I mean they're brand they've been on the job -- very very short time. President doesn't yesterday three months yeah it's a very very short time they shouldn't be trying -- things and they should be relying more on people with experience."

" Gosh I think I heard that during the campaign from all I remember Hillary Clinton. Thank you very much -- I appreciate it now."