mr. vargas, thanks so much for coming on. all right, sir. you are a journalist, true? >> yes, yes, i am. >> stephen: san francisco chronicle, new yorker, washington post, part of the post's pulitzer prize winning tea party for coverage of the virginia tech massacre, and in june you wrote an essay for the "times" magazine entitled "my life as an undocumented immigrant." you're abillegal alien. >> new york i'm undocumented. >> stephen: you're what we in the american world called "an illegal." you're an illegal. i think i've broken the law just having you in my studio. [laughter] >> no, this is actually an important point. i don't want like a 12-year-old sitting in middle school somewhere in america thinking that he or she is illegal. human beings are... >> stephen: the cops are coming from you, junior. put a chair in front of the doorknob because the federales are coming. you came from mexico, right? >> no, no, i'm from the philippines. >> >> stephen: that's warmer mexico. you get your sombrero, you paddle over here to take american jobs. >> no, sir. steep open the what

mr. carson. >> thank you, chairman vargas, ranking member frank, thank you. some are still expressing concerns over and unduly lackluster economy, problems that will doom heavily. i did support t.a.r.p. because i believe the consequences of inaction were far too grave than to not respond at all. however, banks are still living to the public and final small businesses. how do you plan on encouraging banks to lend to our nation small businesses and the american public in general? and secondly, as you know, more bank 70 tightened their lending standards and that eased them. does the fed plan to keep interest rates low for an extended period of time? are the feds and actions are meaningless unless banks are willing to lend? and lastly, what are your thoughts on the requirement of 20% down for a payment? and deeply this will impact homeowners significant or not at all? >> well, banks, first of all, they have thought that should stop typing their lending standards going to her service. they have begun to ease him, particularly for international loans and other type