let my first of all thank maya and her great help and mike crapo and some of the others. i just missed -- came into the last couple of comments. the comment about where the is business community? right on. talk about what will put an absolute stop to any recovery. interest rate spike? we care about the deficit. every point the interest rates go up above cbo, above cbo estimates we're at $1.3 trillion to the debt over the next ten years. i mean it's -- this is -- this is decision time. and so my colleagues know i've gotten a little obsessed about this. but we need a few more folks obsessed about it. when we have used our bullets, do we really have monetary policy left? is there any appetite for further fiscal stimulus? best job created we could do was get part of the $2.6 -- 2.5 trillion, pick your number off of the country? that's expotentially a larger job creator. your point, it's down right un-american that the brits have bit off the problem in a much more aggressive way than we have. and i, you know, frankly think i'm new to washington, but, you know, my old job we ha

let my first of all thank maya and her great help and mike crapo and some of the others. i just missed -- came into the last couple of comments. the comment about where the is business community? right on. talk about what will put an absolute stop to any recovery. interest rate spike? we care about the deficit. every point the interest rates go up above cbo, above cbo estimates we're at $1.3 trillion to the debt over the next ten years. i mean it's -- this is -- this is decision time. and so my colleagues know i've gotten a little obsessed about this. but we need a few more folks obsessed about it. when we have used our bullets, do we really have monetary policy left? is there any appetite for further fiscal stimulus? best job created we could do was get part of the $2.6 -- 2.5 trillion, pick your number off of the country? that's expotentially a larger job creator. your point, it's down right un-american that the brits have bit off the problem in a much more aggressive way than we have. and i, you know, frankly think i'm new to washington, but, you know, my old job we ha

and so what tester and i and others, mike crapo who voted for durbin, i might add, kay hagan who voted for durbin, senator bennett from colorado who voted for durbin -- what people have realized is that the durbin amendment is way too narrow and doesn't allow appropriate cost to be set by these rates. and there are a number of rule of institutions and i have the same in my state and we all realize this is going to be highly detrimental to the financial system and so what we tried to do is come up with a compromise that works for both sides. as i mentioned, senator crapo, senator hagan, senator brown, senator carver, a you been in of individuals have gotten involved in this and have come up with a one-vote strategy. i know a number of people want to vote and get behind them. and i understand this is one of those issues where we got retailers on one side. you got bankers on the other side and you feel like in some way you're trying to deal, you know -- you're trying to pick between friends. what i think we're trying to do is just put a good, sound policy in place. a place the retailer sh

speakers included ben bernanke, mike crapo, and this is three hours and 15 minutes. [inaudible conversations] [inaudible conversations]