host: janet tavakoli, her book "dear mr. buffett." and her interview in 2009, you confine that also in the video library if you are interested in more for thought and observations. sweetwater, texas. margarita, republican. caller: thank you for taking my call. i am very disappointed because they want to give money to fannie mae and freddie mac and people who live on social security -- i know people who live on $400 a month. i know that there is no man or woman in office who can live on that kind of money, but yet they wanted to give money to fannie and freddie -- what about us? we voted for them. what do we get? we don't get nothing. we don't even get the two runs and $50 -- $250 they said they would give us. i would like to see them live on what i have to live. host: i will move on because that was a comment, not a question, to annapolis. caller: i have a couple of comments and then i have a question for your guests. henry ford once said in the 1930's that if the good people of this great nation would truly understand how banking wor

. >> just another quickie, do you know janet tavakoli?> she was in -- kind of -- i don't know her but-- >> i was wondering what you did to her to make her mad. >> i can explain it. >> let me read what she says. she says, "i was in the salomon brothers 1985 training class that michael lewis lampooned in this amusing book, "liars poker." imagine my surprise to see him billed as a trader on "60 minutes" since he was actually he was actually a junior salesman. well-heeled male peacocks strutted the training floor and junior salesman were girlie-men mere eunuchs serving their pashes." >> i've gotten a little too much attention for my own good. and it -- this is the backlash is people who feel like they've not gotten enough attention get upset. but you know people when they interview me about what i did on wall street i can't control how they describe me. and generally, in the public's mind a trader is just a guy who -- anybody who works on the trading floor. i wrote a whole book about how insignificant i was at salomon brothers. i had not made

later, fannie mae and freddie mac with financial analyst janet tavakoli. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] host: good morning, thursday, december 9. a day of great deliberation and dealmakin

janet tavakoli -- congressman henry cuellar from texas. guest: when we are trying to get the recovery back, remember december of 2008 we were losing 75000 jobs a month. we are trying to get out of this recession, and during ts type of recovery we need to try to do everything we could to survive -- provide stability and make sure people have money in their pockets and not only extend what we have but also the payroll tax holiday will be good. but i think extending everything at least for a couple of years will give us time to get out of this economic situation and hopefully revisit this at a later time. host: let me ask you, we have been talking a lot about this this morning of the c-span audience and maybe we can respond to some of the issues that percolated. fewer funds going into social security -- and the viability. guest: the money going into social security is dicated going into that. both under the democrats and republicans -- they have been boring money and we will pay you back with ious, and that is the question, are we taking it i