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Sounding the Alarm

Title:

Sounding the Alarm

Published: Tue, 20 Oct 2009

Description: Nine Democratic senators urge Harry Reid to take on massive deficit

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Automatically Generated Transcript (may not be 100% accurate)

" redone anyway he ever wonder if that door is closed for reasons other than health care. That they're worried in there that they see something in there is something just not Republicans -- railing about. But today Democrats to nine of them Tennessee includes former Democrat now independent Joe Lieberman together shooting off a quick letter. To Harry Reid demanding action on spending they say is now out of control of the -- really out of control Charles Payne says. Well let's close the worst then the letters stop then the warning stopped and the Amityville horror lookalike stock. Well something's going on and Charles."

" Says it sounds a little such I was thinking more like when Jack -- and here's -- Yeah typing they just -- they would actually did. I don't play units that F bomb. What the heck is going. Yeah this is that this is really supersede this this really this -- first of -- to us and our government to great point this stuff was supposed to be on C -- we're supposed to be seeing it live. May this and that's itself here maybe that's why senate seaspan that you were talking about a serious problem here we're gonna hit the debt ceiling soon. Where we just can't have anymore dead. Timothy Geithner is already hinted that you know he like congress' increased that -- as did these nine Democrats and independent now that that was amusing in of itself -- it. Different and add something. Well think about -- you know we've had the stimulus plan which now you can -- I think everyone can almost say now was dead on arrival right it was designed to redistribute wealth. It three to 30000 jobs it's inefficient it's ridiculous that you had that he had cash for clunkers which was another clunker every bill. The profits went to Tokyo so we're talking all the spending hasn't done anything yet we've got stimulus to. We gonna spend -- cobra subsidies we're gonna have a first time homebuyers program extended unemployment benefits have been extended where's this money coming from you know I'm worried about the --"

" Normally when meetings going on and I'm not invited I get kind of nervous about them on the and there were a lot of meetings going on a year or so ago we had the financial meltdown and we learned that it involved Republicans and Democrats and they were just trying to. Ward off what what was that they argued a financial meltdown. I'm not saying that's going on now but you do wonder."

" Why won't secrecy. You have to wonder because this was -- supposed to be the transparency. Error. I mean it's a job was really looking forward to watching this stuff has seventy I think most people war that was exciting okay you know what this -- going to be different this time. You have to be extremely worried because why why these doors close of its healthcare we've seen all the bills won't be so complicated we you know we've seen all of -- we know they are. Has -- and public or it's something else going on there like how do we really pay for this thing."

" However we do know Lisa house and Senate Leadership which arm of the sanity here and -- the -- there a lot of guys walking around the -- but they can't get hands at least not alone on. Did they had. They've looked at these town hall meetings and all these aggressive forms and said you know nothing's getting done a lot of shouting and yelling at people ranting raving and maybe. The better part of dollars for us to meet behind shut the door and and and hammer this out what --"

" Well I mean they can have these many -- on an audience that they don't have to be town hall but I do think the message is loud clear that the public is totally fed up by the way yesterday. Ben Bernanke took in my mind he took a shot at the White House yesterday when he said that you know we needed a fiscal plan had a clear. You know clear path out of this in other words to me even Ben Bernanke is getting a little bit nervous and the common -- yesterday just suggest that listen White House you guys have got to get your act together you cannot continue to spend spend spend it's not gonna get us out of this."

" While some have gone on there are -- you know I told you on my buddies and Carl Cameron and and Peter Barnes and others the world following this I -- bluntly I've I've been a very close. What's going on there. Actually my head is the size or which is probably fine but I mean that's a whole other issue big digital rights not to brightness and delegates CNN -- million only guys we gotta get that shot of frank you Pamela -- our -- it's the attic in -- but on. What happens and it did they're gonna hammer out so they're gonna hammer out some. And you argue what because it's have been doing what hail can throw."

" This process and let's in the stock market the whole different animal especially we talk about the Dow thirty of the largest multinational companies in America they most of them make more money overseas and they do here. What -- dollar keeps triggering. Those socks and go up there's a total disconnect between that. And what's happening on main street and when I'm really worried about the come out of the meeting. Like a city here's Johnny here's the bill -- path of tomorrow. Just like we at the pass a stimulus plan that had to go through. Had to go through immediately even though most of the money wanna be spent until next year. But I had to go through immediately don't read it that everybody can read a Spezza senator Coburn. It's healthcare agencies. That's definitely -- it's not it's where it's crazy that to promise that in that deliberate. Aren't known it's gotta be imparted that we should be out of we're not only invited all right we'll."

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