if you don't like it, barney frank, don't vote for it. >> david: the fact is right now they are tryingall the problems of the financial crisis on shoulder of the banks. the banks had some blame. so did the lawmakers. >> pay lawmakers in mortgage back security. here is a problem. bill clinton, barney frank, republicans are acting like the big boozezy bar tepidders and the big boozezy frat party handing out free drink and fake i.d.s. even if national bureau of economic research said they were trying to fix income inequality. no less than a progressive newspaper like "village voice" said they were trying to lay claim to record number of homeowners on their watch to act like a launch pad for political office. they were like the grand prix, you know, start flag guy at the monaco grand prix. for banks that compiling in, following what the government was doing. i blame banks, too, but it started with the federal pocies that caused the crisis. >> david: rich, emac makes a great point. when "village voice" comes out with a piece about andrew cuomo, now the governor of new york, he was head of t

former treasury secretary hank paulson is here as well as former congressman barney frank paulson isas well as former congressmthis isey frank an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chevron, and i get to help science teachers. it has four servo motors and a wireless microcontroller. over the last three years we've put nearly 100 million dollars into american education. that's thousands of kids learning to love science. ♪ isn't that cool? and that's pretty cool. ♪ ♪ [ male announcer ] 1.21 gigawatts. today, that's easy. ge is revolutionizing power. supercharging turbines with advanced hardware and innovative software. using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile shar

also joining me former congressman barney frank, one of the co-authors of the wall street legislationwn as dodd frank and cnbc's maria bartiromo. welcome to all of you. such a big topic and, hank paulson, i think the obvious question, we staved off collapse, but five years later is the economy better off than it was? >> well, that's an easy question. it's much better off than it was. we avoided a very bad fate, things could have been as bad as the great depression but today the economy is growing at 2% and although that's not enough, it's -- in many ways it's something we can take satisfaction in given the amount of deleveraging that needed to be done, consumers and institutions. and capital markets are behaving as normal. we still got some problems we need to address. >> barney frank, one of the issues that coming up in asking better off or not question five years later as senator elizabeth warren said, look, the banks are 30% larger than they were, too big to fail. she asserted is still a reality. could what happened five years ago happen today? >> it could not happen in the same wa

former treasury secretary hank paulson is here, as well as former congressman barney frank and cnbc's maria bartiromo. we are back here live in just a moment. >>> here now some of this week's images to remember. ♪ >> what "the new york post" had to say about the news that twitter is going public. when we come back, our political roundtable is here. we're back in 60 seconds. let's do some serious curb appeal. let's size up this. spruce up that. and let's not do any of this. let's go to school. let's go to save. and then, let's go to town. so then we can go do, absolutely nothing. let's do this. more saving. more doing. that's the power of the home depot. earthgro mulch. 4 bags, just $10. she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] ge

barney frank talking about homeownership coming up in just a moment. >> welcome back to krb. i'm kelly evans in for march rhea bartiromo, who will be back in tomorrow. >> she's on a regatta with larry ellison today. i don't know where she is. dow closing lower for the fourth day in a row. we're finishing on the street, as we mentioned, the dow continues to show weakness, down 63 points and two of its brand new components, goldman sachs and visa, contributing almost half those declines. nasdaq holding on to fractional gain. s&p down about four points today at 1697. >> joining us now to help break down the day, ann from wells fargo, march, todd and todd morgan from bel air investment advisers. we'll try to distinguish between the two todds. welcome to everyone. ann, first to you. we just watched stocks sell off sharply into the close, financials in particular. what does that tell you? >> i think it is the market just worried about what's going on at the fed and the debt ceiling, budget hearings, all that we have. more uncertainty in the market. uncertainty has really become an

we're talking this morning with former senator chris dodd and former congressman barney frank about theanniversary of the collapse of lehman brothers and the financial crisis. and thank you very much again for joining us this morning. >> thank you. >> dodd/frank did a lot of really important things, but one of the most important, i think, is it requires the federal reserve to oversee financial companies not necessarily banks. but financial companies and any other nonbank financial company that could be seen as systemically important. i know already that there are insurers out there that have been lobbying to say that they should not be regulated by the federal reserve. and i guess when you look back at lehman and aig, some of the key components that took this country down, this financial hardship, do you think some of those insurance companies will not be regulated by the fed and how much of a problem do you think that is? >> well, i hope not. as a major provision of the bill, the legislation only requires there be four meetings a year of the financial services oversight board. they've

i'd been working with barney frank and others since late 2006 to reform fannie and freddie. i had a chance to work with nancy pelosi and harry reed and a lot of others, john boehner, on getting this stimulus bill done. and so to build relationships up there and relationships of trust. so to build -- there was a lot of work that had been done and i really saw the best out of members of congress twice. not just once but twice. >> rose: i mentioned the fact that what you did and didn't do. would you do it differently if you had more time and a different moment in terms of how you used not only the interview with hank but also sources to tell the narrative? >> you know, on the one hand this was a pretty rushed film. >> rose: you had a deadline. >> we didn't shoot those interviews until may and there was a tough film to edit. but i like the vibe of the film. we made a conscious decision instead of doing a straightforward documentary where you hear from a chorus of voices and different opinions, i wanted hank's story. >> rose: what is hank's story? so we're seeing hank's story? >>

systeme that the legal is working. >> barney frank. lehman brothers.ank paulson has said that he tried to save it and could not. they do not have legal authority to do that. a line that was, this is national free-market day. what ever to, bipartisanship and where did it go? it was a live in well in september 2008. you had a republican president come to a democratic congress and say that we had serious problems. we were cozy den. -- then. hate friday afternoon at 5:00 because the phone would ring and hank paulson would tell me about a new disaster after the markets were closed. we're talking about lehman brothers and i knew he was doing everything possible to keep it going. husband, barclays is going to buy lehman brothers. then, the fsa pulled the plug. he tried to do that and my comments was to mike conservative friends who said they should go bankrupt. mimi was about to fall and the consequences were so terrible that a consensus came that we could not have that happen again. i said it was national free- market day. barneyother thing which andwed me t

former representative barney frank will join us. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> while we're watching the markets toward the close, this is going on in washington on the senate floor right now. ted cruz, the rookie -- the freshman senator, i should say, from texas, is on the floor right now. essentially trying to -- it's not a formal filibuster but he has been an architect on the bill that already passed the house that would pass the continuing resolution and defund what we know as obama care. the senate, as we all know, is not likely to pass a bill like that but it has not stopped senator cruz from continuing his efforts to try to get that done. he's on the floor right now in a sort of quasi filibuster on the fu

and the fact of the matter is, i understand that barney franks thinks he did some important stuff.not been crossed -- >> -- it's hard to ask the guy whose name is on the bill, does the bill have teeth. that's a little counterproductive. >> i think that's right. and i think the problem with the dodd/frank approach, it assume ifs the regulation is clever enough, you can get things so, yes, the banks will be very big, but they will be safe and have ways to unwind them if necessary. the problem with the alternative approach from brown and vitter is that it's just this very gross leverage cap where you say, well, we'll make the banks safe by telling them that they have to have lots of equity. and i think that's a good policy. but if you just do that and you don't also do the complicated dodd/frank approach, then the banks can stuff themselves with really risky loans, where even if you have a lot of equity, you can still have failure. so i think you need both. i have his frustration. there's a lot of value in the dodd/frank law. there are things that it's doing that will make the financi

barney frank, former democratic congressman from massachusetts, i miss seeing you here more frequentlysir. it's great to have you back. thank you. >> thanks, rachel. >> best new thing in the world today is coming up. stay with us. ♪ honey, we need to talk. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of what medicare doesn't pay. i did a little research. with a medicare supplement plan, you'll be able to stay with your doctor. oh, you know, i love that guy. mm-hmm. [ male announcer ] these types of plans let you visit any doctor or hospital that accepts medicare patients. and there are no networks. is this a one-size-fits-all kind of thing? no. t

barney frank, former democratic congressman from massachusetts, i miss seeing you here more frequentlysir. it's great to have you back. thank you. >> thanks, rachel. >> best new thing in the world today is coming up. stay with us. vo: two years of grad school. 20 years with the company. thousands of presentations. and one hard earned partnership. it took a lot of work to get this far. so now i'm supposed to take a back seat when it comes to my investments? there's zero chance of that happening. avo: when you work with a schwab financial consultant, you'll get the guidance you need with the control you want. talk to us today. ♪ [ male announcer ] 1.21 gigawatts. today, that's easy. ge is revolutionizing power. supercharging turbines with advanced hardware and innovative software. using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ ♪ [ male announcer ] some things are designed to draw crowds. ♪ ♪ others are designed to leave them behind. ♪ the all-new 2014 lexus is. it's your move. here it is. a whole new idea. never be

maxine waters, nancy pelosi, barney frank or steve jobs or people of his illk?all of the above. >> david: wait a minute. you would put steve jobs in the same category as nancy pelosi? >> i really don't. i admit it. i don't. but let me point a few things out quickly. a buddy of mine that is the founder of the new york state tea party suggested i run an exercise. i suggest you do the same. go to john boehner's website and in the search a following words. "minority employment. minority unemployment." anything like that. you know what you find? absolutely nothing. if the speaker of the house is not working on snore in terms of spending government money? >> just to see if he -- >> help a particular group. >> even talking about it. >> he is talking about it. >> no, he is not. go to his website and you'll see it >> if they want to help minority, a huge part of the president's base, maybe they shouldn't at war against the educationage freedom opportunities like in louisiana. this is unbelievable. we are talking about women, minorities and the poor. wrapped up in one. th

barney frank, former democratic congressman from massachusetts, i miss seeing you here more frequentlyave you back. thank you. >> thanks, rachel. >> best new thing in the world today is coming up. stay with us. w the ciabatta is e and the pain is starting again. more pills? seriously? seriously. [ groans ] all these stops to take more pills can be a pain. can i get my aleve back? ♪ for my pain, i want my aleve. [ male announcer ] look for the easy-open red arthritis cap. let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. ahoy, mateys. house? hello, dear. hello. hello. van with airbrushed fire-breathing dragons. ah! check. thank you. the more you bundle, the more you save. now, that's progressive. jbut when it comes to investing, things i prefer to do on my own. i just think it's better to work with someone. someone you feel you can really partner with. unfortunately, i've found that some brokerage firms don't always encourage that kind of relationship. that's why i stopped working at the old broke

barney frank, thank you very much for joining us and coming.e blom berg business week. on news stands right now. hank, five years from the brink will stream on netflix on september 16th. coming up, we have pope francis trying to shape things up in a big way. what his recent comments on priest celibacy can mean. faith on fridays is next with father james martin. [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ >> only judy can judge me. number eight, i just purelled, don't kiss the ring. we get it, tebow, we like jesu

even barney frank says that mainstream commercial banks did not cause this crisis.ed, and demonized the entire banking industry, the 20 who were the guilty parties and the 7,000 who were innocent. our reputations were probably permanently tarnished. ashley: right. >> the, too big to fail and more hazard has been institutionalized. we have 40,000 pages upcoming of bank regulations, on again, banks who did no wrong. i don't even think small banks are going to survive all this extra regulation. and finally, the bond market also collapsed as as a result of this and, federal receive had to put in $2 trillion. and, bank investors, particularly small investors, lost hundreds of billions of dollars as this 80% falling in the stock prices. so it's been a disaster. it continues to this day. you have the 1% and 99% and people believe that wall street was bailed out and main street wasn't and this was really the fault of tarp as they made a very big mistake of putting everyone in the same box. ashley: does the same risk exist today, dick, with regard to the financial system? or

you have howard dean, the virginia black caucus, barney frank, unions -- there's been a list of democrats and democrat-affiliated groups that have come out to either voice concerns, ask for changes, express frustration or outright oppose parts of this legislation. >> and never threaten to shut down america's government. and we, frankly, are having, i think, a grown-up discussion inside our party about ways to make it better. what you guys are doing is having a brawl on the front yard in front of everybody when you've got people calling each other fraud's. that's different. my concern is this -- if you have a republican party that a leader like boehner comes out and says, let's move on, and then get pulled out to the right by a small faction, that's not healthy for the republicans or for america. >> in the "crossfire" tonight are democratic congressman charlie rangel and republican congresswoman michele bachmann. welcome to you both. congressman rangel, republicans don't want a government shutdown. speaker boehner is going to the floor tomorrow to keep the government funded and running and

barney frank was one of the key people behind the dodd frank legislation.ne of the questions he was asked was why people involved in the financial crisis did not go to jail. [video clip] pass a lot of laws because some of the things that people should not have done were not illegal. what i heard from the administration was we do not want to prosecute an institution. here is where i want my liberal -- one to remember element of due process, fundamental to our liberty, is that you cannot be criminally prosecuted if you did not have if theason to know activity was illegal. ambiguity is the and me -- is the enemy of due process. you have to be able to prove beyond a reasonable doubt. ignorance is no excuse. if the law was there and you didn't know about it, that doesn't help you. if the best informed person of the world could not have been sure if that was illegal, it is very hard to do a criminal prosecution. our reason for this is that is why you see so much insider trading in criminal prosecutions. there was great ambiguity. if you want to see that full even

. >> a look back at the 2008 financial crisis with henry paulson and former representative barney frankin an hour, president obama marks the fifth anniversary and takes a look at the economy. then the first ladies' program on helen taft. >> university of maryland professor will talk about the middle east reaction to the situation in syria. and its impact on the u.s. foreign policy. then politico magazine editor susan glasser discusses the unites nation's role in syria in the days ahead. later, bloomberg government senior economist looks at the role of federal reserve and possible replacements for federal reserve chair ben bernanke whose term ends in january of 2014. washington journal live at 7:00 a.m. eastern on c-span. i think the crisis qualifies. this series is made possible by the continued generosity of hbo. let me start with the question on the mind of the people in the public. you look at the number of prosecutions, the sec charges, the executive compensation, the public statements of contrition or lack there of for the leaders of wall street, do you think the people responsible

barney frank cocreated the legislation known as dodd frank. to my right is the honorable bill thomas, who served in congress until 2007. he was the chair of the house ways and means committee. and for purposes here today, he was the vice-chairman of of the financial crisis inquiry commission. to my left is a member of the fcic who i have known for many years, headed the cbo for 4 years, was john mccain's economic adviser, and was on the council of economic advisers. a guy who, for whatever reason, when he calls me up to do this stuff, i always say yes. >> there may be people who do not know what cbo means. it is the congressional budget office. barney and i have one thing in common, if nothing else, we were frustrated over and over again by the congressional budget office on our plans based on what we thought they cost and what they told us, given their statutory power, it costs. >> always cost too much and never raised enough revenue. >> no, we knew that. [laughter] they just didn't say yes. >> i, for the record, loved working as the director

2008 financial crisis, with former treasury secretary henry paulson and former representative barney frank. then later, president obama marks the fifth anniversary and talks about the economy. el entaft was more ambitious about getting to the white house than her husband, william howard taft and was able to get him personalally involve in the politics to get him elected. she overcame an illness to get to the white house, invited top musicians to perform there, and supports causes that mattered to her. helen taft offered the most visual treasures, the famous cherry trees. it brings tens of thousands of visitors to washington every year. good evening, welcome to first ladies, influence and image, the life of helen taft. her husband served in the white house from 1909 to 1913. here to tell us about her life and legacy is biographer, louis gould. the biography is helen taft, our musical first lady. you open the book by making the case of the 20th first lady, she's the most obscure but she deserves better from history. why is she better than being obscure? . >> she did some things that were con

lyme david wessel from "the wall street journal" i'm honored to be sitting here with barney frank of dodd-frank and hank paulson of hank, the new documentary. two rock stars of the financial crisis. welcome to today's council on foreign relations meeting. this is part of the council's history-makers series which features individuals who make a unique contribution in critical junctures in u.s. foreign policy or noteworthy period of u.s. history which i think the crisis qualifies. this is made possible by the continued generosity of hbo. let us start with a question on the mind of a lot of people in the public. when you look at the entire picture, the number of prosecutions, the sec charges, executive compensation, the public statements of contrition or lack thereof from the leaders of wall street, do you think that the people who were responsible for the decisions that led to this devastating crisis have been held fully accountable? >> well, i sure know that's question on the public's mind and i'm going to say something that may not resonate a lot publicly but, if you accept my explana

treasury secretary hank paulson is here in a sunday morning exclusive along with former congressman barney frankmaria bartiromo. i'm david gregory. all that adead on this edition of "meet the press." for sunday, september 15th. >> announcer: from nbc news in washington, the word's longest running television program, this is "meet the press." >>> and good sunday morning, secretary of state john kerry is on the ground in israel right now where he's meeting with prime minister benjamin netanyahu whose reaction to the deal is cautious but supportive. we'll get a response from senator john mccain in a moment. but first andrea mitchell just back from her travels with the secretary of state with the very latest on this deal. andrea, it amounts to this, assad and the russians committing to say exactly all the chemical weapons that he's got. >> right. >> and to get rid of them by the middle of next year. why shouldn't that be universally cheered? >> it is a very big deal, sweeping deal but there are a lot of ifs. is it going to work? the russians say they're speaking for assad. assad has not personally c

former congressman barney frank weighs in on whether we are becoming a nation of renters and whetherod thing for the economy or not. overdone the home ownership as part of the american dream thing. all that and more, kelly evans with me today, see you at the top of the hour on "closing bell." i love having a free checked bag with my united mileageplus explorer card. i've saved $75 in checked bag fees. [ delavane ] priority boarding is really important to us. you can just get on the plane and relax. [ julian ] having a card that doesn't charge you foreign transaction fees saves me a ton of money. [ delavane ] we can go to any country and spend money the way we would in the u.s. when i spend money on this card, i can see brazil in my future. [ anthony ] i use the explorer card to earn miles in order to go visit my family, which means a lot to me. ♪ mr. daniels. mr. daniels. look at this. what's this? clicks are off the charts. yeah. yoshi, we're back. yes, sir! ♪ more shipping! more shipping! ♪ [ beeping ] ♪ >>> ceos from the biggest media companies are gathered in manhattan today talk

>> barney frank takes on the banks. while simpson and bowles slam the shutdown talk. >> why would someone put the full faith and credit of the u.s. government in jeopardy? >> just a sense of madness. >> most everyone is mad here. >> and today's top trender. >> perfect. >> meet and greet. >> o hey, we've got the good stuff here. >> middle class voters speak out at the harken steak fry. >> we need good-paying jobs. >> really important to my family. >> the most important issue, the economy. >> the environment. >> it's important we have all options open for women so they can get the right kind of care they need, rather than someone dictate what they need for them. >> someone needs to do something to restore the manufacturing in this country. service entry jobs are important. i don't think we as a country can survive on those type of wages. >> i would like to see them start something like the wpa again. most of the social programs were created then. most of the infrastructure of this country was created then. and it could be

and be later, live remarks by former treasury secretary hank paulson and former congressman barney frank some of the lessons learned from the 2008 financial crisis. >> the senate returns today at 2 p.m. eastern for general speeches. later, members resume work

tomorrow a conversation with barney frank and henry paulson. they will discuss what has changed in the financial sector since the two dozen eight financial crisis and what more can be done to prevent a similar situation -- the 2008 financial crisis and what more can be done to prevent a similar situation. >> 15 years ago otb made its tv made c-span -- book its debut on c-span 2. >> we are keen students of love. we are fascinated by every >> we brought you the top nonfiction books and authors every weekend. than 9000 authors have appeared. >> i wanted to give a chance to understand the process by which i made decisions, and the environment in which i made decisions, the people i have listened to as i made decisions, and this is not an attempt to rewrite history. fashion an attempt to legacy. it's an attempt to be part of the historical narrative. >> also supreme court justices. >> every single justice on the court has a passion and love for the constitution of our country that equal to mine. then you know that if you accept as an operating truth

this book -- this project began with a phone call for barney frank. i have to confess this to todd back in 09 nervously. i met bernie just the other day in 1961. we were both student politicians at the national student congress. i calculated chris penn was a teen about start his prep i believe. anyway, bernie and i stood firmly for my time on. i watched his extraordinary career. interestingly i was 18 and he was 21. we both knew exactly what we wanted to do and we're both lucky enough to do it. i was a bigger deal bernie's case because he heard he knew he was and erd knew that would be an impediment to his political ambitions. luckily he got around that ultimately. when he made that phone call, he was being a good pal. he said your next book out to be about this stuff. the work? the crash, all that's going on is a huge story. he had after patient waiting, just ascended two years earlier to the chairmanship of the national services committee as todd had just said in exactly the same moment as chairmanships. dogs wait to see them longer, a story he thus

barney frank in appearance on meet the press this sunday the former massachusetts congressman listened to his fellow guest c n b c analyst mario excuse berea bartiromo after she said that it's time to stop talking about how evil wall street is check it out. i do want to add one thing though to your question about those pool beleaguered bankers who are being forced to do so much to keep from not being able to pay their debts that they can't lend money if they really are running businesses that are so stretched that they can't do the basic work why they pay themselves so much money where did these enormous salaries come from if they were in fact in such serious trouble former congressman frank is spot on and by the way nobody had a good answer for him five years after the collapse of two thousand and eight wall street banks are still raking in the billions when you consider that all they're doing is glorified gambling it's time to have a serious conversation about what value they actually add or subtract from or to our economy the bad erick erickson in a recent appearance on fox news the

market of derivatives of eighty trillion dollars to nine hundred for the crash happened because barney frank would not listen to reason because he was he was so far deep in bed with fannie mae and freddie mac. it was on fannie mae and freddie they will be awaited to you cannot be any more here and i'll inquire as to what are you going to remember so much i mean what you have to rivets of trading that blew a trillion dollars and you agree with. the economy these were direct these are great results of conservative economics but i don't think equating conservative economic policies with with people going up better than people is that helpful i'm going to side up i agree with you and. there is that disconnects right between conservative what conservatives believe what they believe and what's happening. here but these guys you have four hundred thirty five people we have two hundred what was the what was the vote to eighty nine to two hundred something republicans in the house of representatives who just took a vote this food stamp vote this defund obamacare food stamp and we just took a vote whi

guest: barney frank is not in congress anymore. he retired. healthcare is highly integrated in this country with the economy. economy is going to be a tough issue as well but the fact that you are seeing evidence that businesses are laying off people. administration decided to delay the employer mandate is a sign that the healthcare law is a brake onutting small-business hiring. the two are intertwined. seen, the long- term impact, but there is anxiety when you talk to small- business owners of the new regulations for them. will go to joliet, illinois, on the democrat line. caller: hi, i want to address josh. he is lying about folks not liking obamacare. he needs to look at the questions and numbers about polling. a needs to look at an article that jonathan alter wrote on this and the fact that you are reporting, you are being disingenuous in your comments. i cannot believe you are on c- span. host: thank you so much. let's talk about these polls and what they are showing. in different parts of the country, you will get a different sampling. i

the banks or the barney franks and andrew cuomos to force banks to make loans on people who could notddie bought mortgage and could sell their garbage to fannie and freddie. >> forced to give those loans by people in congress. judge napolitano: i you telling me it my business? stuart: i'm going death in my left ear, let him speak. judge napolitano: i don't remember what i had for breakfast today. stuart: gulf coast -- how is this for a number? $66 billion, that is how much people will spend on consumer items just using their smart phones this year. technology makes it so easy to spend money, doesn't it? we are dealing with it next. ♪ but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. folks have suffered from frequent heartburn. butetting heartburn and then treating day