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Published: Wed, 21 Oct 2009
Description: Senator Lamar Alexander on his accusation the White House is using Nixon-style tactics
Automatically Generated Transcript (may not be 100% accurate)
" anyway -- 90%. 90%. -- Forget a political enemies list as the White House about to announce a financial one Fox Business Network confirming. The top executives of bailed out banks and auto companies are now facing up to -- 90%. Cut in their -- Courtesy that pays off. Those companies include Citigroup Bank of America and I do a GM and Chrysler but relevant or financial -- at Fox News. This in Europe it is anyway reaction now. A from the senator's been accusing the president -- and enemies list today Lamar Alexander Tennessee's of the Republican conference chairman. Now senator this would seem seem to imply something beyond just a political list what do you make it."
" Well they of course one they have done it yet so I can't comment on that what I think we should do. Is and I offered an amendment to do it the Democrats needed was to give the General Motors and Chrysler's stock. To all of the Americans who pay taxes on April 15 getting out of the government declares stock dividend that we wouldn't be having these -- running our confidence. I've I've -- have a visceral reaction. Against the idea. And anybody in Washington telling anybody at any level and private sector what they ought to make or not make quite the market ought to do that sooner we get the government. Out of the private sector out of running our company's better."
" Senator of the arguments or for doing this sort of stuff is that all bets were off with private market talk when these governments had to be taken over and effectively rescued by taxpayers. And once that happened game changer. And new game world."
" There are new game rules and I think this is just a reminder of what a bad situation it put this in which is why I offered the amendment. That's it which we could already done. Which would we own 60% of General Motors and Chrysler who apparently are two of the companies that. May be affected by this we should have declared a stock dividend of all the stock. To 215. Or twenty million Americans who pay taxes on April 15 they paid for it they should own it then we would need --"
" Currently has a problem that I did too smart it's -- clearance to focus that was gonna go nowhere right from the get. But what is -- today you're on the floor of the Senate your raising new questions about this administration and how it seems to. Finger a lot of folks this is generally to."
" This behavior is typical of street brawls and political campaign consultants it's a mistake. For the president of the United States and for the White House staff I want to make what I hope will be a friendly suggestion. The President Obama in his White House and it is this. Don't create an enemy's list. Do you think senator he's creating an enemy -- us. Well the reason I made this speech is everything there on the same kind of path that he admitted that the next administration was forty years ago when I was beyond. White House aide in the Nixon administration that led them port. The enemies list and I want them to stop before they start we have not on the -- I -- if you suspect that well -- Is this business of characterizing anybody who disagrees as an enemy. The United States chamber of commerce according to. Political the White House wants to neuter them because they object to the health care plan Fox News gonna boycott Fox News. Calling out senators who complain about stars and refusing to testify. Then putting a gag order on one of the largest health care companies who advised their beneficiaries. That they might lose. They're Medicare Advantage benefits or some of them in the health care reform bill passed which is true. The president telling congress -- call you out telling bondholders I'm keeping a list of you don't go along with GM and Chrysler that's sounds more like street talk. Then it does. The president the United States and I think the President Bush all of that out all White House. Let the political consultant play those games and he should be present work -- both sides of the aisle in the congress which is what he said he wanted to do. And let's solve the big presidential issues. Senator always good having zone I was -- there in Washington. Thank you."
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