Capitalism Will Save Us!

" Then Steve Forbes is to book is called capitalism will save us. He is of course the chair and CEO of -- four of Forbes media and a good friend of both of ours Steve welcome back to Brian and The Judge."

" Going to be with you -- deal."

" Steve yeah the book is easiest part -- very timely obviously how capitalism will save us. What free people in the premarket of the best answer to today's economy. Steve first often at a time when you where you force stabilize the market win the last fall. With the -- TARP funds."

" When that last fall in the fall 2008. -- the government had -- but. The credit system on the brink of collapse topic had to be done -- equipment up and natural disaster. Where you work -- and -- one things start to stabilize you pull back which the government manifestly is not done. One of the things they'll prime recover in the book. Is precisely that every major economic crisis -- the -- country. Has certainly argue and major government mistakes that the government had print some much money -- Fannie and Freddie. And some other things that thing never would've happened with."

" You know. Steve EU EU and a and and many people that think the way we do or on the same page on this. But it doesn't seem as though the government uses. I mean the the TARP proposal that Brian -- Japan had Republicans as well as Democrats supporting it. It was a Republican secretary appointed secretary. Of the treasury Hank Paulson. Who persuaded a Republican a so called compassionate conservative Republican president. The we could solve a problem caused by too much borrowing and spending and artificially low interest rates with more borrowing and spending."

" Well what other things we point out on the Boca capitalism what but it it is precisely that both Democrats and Republicans. Have made that real mistakes just -- occasionally. Democrats and Republicans in deposits and like John Kennedy unstable dollar. Tax cut Bill Clinton got non trade. But George W. Bush on the dollar was a disaster and it was a huge mistake to work and -- price court today."

" Was it Ben Bernanke's policy or George Bush's policy."

" Well George Bush reported Bernanke and when that became. Bush Administration although we'll divide now. Had a policy they'd like a weak dollar they thought that a week dollar was the wait to improve portrait balance -- stimulate the economy. And they should apart from thirty years ago that's not true but they went ahead and did it and we can see what it got four --"