>> members of the committee, including chairman lincoln and chairman daud, or carefully going through these provvsions to be sure we come to an appropriate balance perido. we want to follow our key objectives. one is, as you said, the banks are unable to take risks like proprietary trading. or if they use derivatives for proprietary trading, they could imperil the stability of the bank, or allow them to benefit from the access to the safety net that the bank enjoys and extend the benefit of those activities that we do not believe are essential for baking. the other thing to point out -- for banking. the the thing to point out is that an essential part of banking is helping customers hedge their risks, whether those are. we want to make sure that the bankssare able to hedge their risks. i think it will come to a very good balance.%- this bill will do an excellent -- an exceptionally important thing, bring restraint to the derivatives market. we would still present enormous risks if we were unable to enacc these reforms. >> there are reports being made with respect to both measures i in

the parties were lined in different ways in daud -- those days. there were a lot of liberal republicans and conservative democrats in a way that is just not the case now. i would like to learn from the caller what specific things he thinks the village of between obama and the corporations are. host: he used the term pulling his punches. it would you agree? guest: i think that is in some ways a fair criticism. obama is not a podium pounder. i think that he considers himself a peacemaker. i guess every party hopes for reporting compounder. caller: i kept myself as a pretty strong liberal progressiveb -tk. in general, i think obama is a -- is an ok president, but i disagree with some things that he stands for. this does not come as a surprise to me. his plan back in 2008 to expand the quarter in afghanistan -- the war in afghanistan hot an-- the one i did find interesting is the article and click "new york times" this last week about classified information. and continuing to prosecute the army of sirhan lead to the clause by vero from venice -- from

>> members of the committee, including chairman lincoln and chairman daud,,or carefully going through theese provvsions to be sure we come to an appropriate balance perido. we want to follow our key objectives. one is, as you said, the banks are unable to take risks like proprietary trading. or if they use derivatives for proprietary trading, they could imperil the stability of the bank, or allow them to benefit from the access to the safety net that the bank enjoys and extend the benefit of those activities that we do not believe are essentiil for baking. the other thing to point out -- for banking. the the thing to point out is that an essential part of banking is helping customers hedge their risks, whether those are. we want to make sure that the banks are able to hedge their risks. i think it will come to a very good balance. this bill will do an excellent -- an exceptionally important thing, bring restraint to the derivatives market. we would still present enormous risks if we were unable to enact these reforms. >> there are reports being made with respect to both measures i ind

>> members of the committee, including chairman lincoln and chairman daud, or carefully going through these provvsions to be sure we come to an appropriate balance perido. we want to follow our key objectives. one is, as you said, the banks are unable to take risks like proprietary trading. or if they use derivatives for proprietary trading, they could imperil the stability of the bank, or allow them to benefit from the access to the safety net that the bank enjoys and extend the benefit of those activities that we do not believe are essential for baking. the other thing to point out -- for banking. the the thing to point out is that an essential part of banking is helping customers hedge their risks, whether those are. we want to make sure that the banks are able to hedge their risks. i think it will come to a very good balance. this bill will do an excellent -- an exceptionally important thing, bring restraint to the derivatives market. we would still present enormous risks if we were unable to enact these reforms. >> there are reports being made with respect to both measures i indi

>> members of the committee, including chairman lincoln and chairman daud, or carefully going through these provvsions to be sure we come to an appropriate balance perido. we want to follow our key objectives. one is, as you said, the banks are unable to take risks like proprietary trading. or if they use derivatives for proprietary trading, they could imperil the stability of the bank, or allow them to benefit from the access to the safety net that the bank enjoys and extend the benefit of those activities that we do not believe are essential for baking. the other thing to point out -- for banking. the the thing to point out is that an essential part of banking is helping customers hedge their risks, whether those are. we want to make sure that the banks are able to hedge their risks. i think it will come to a very good balance. this bill will do an excellent -- an exceptionally important thing, bring restraint to the derivatives market. we would still present enormous risks if we were unable to enact these reforms. >> there are reports being made with respect to both measures i indi