i know secretary somers did research on this. i can't think of nation where the value of its currency was turned over to or significantly influned or marginally influence ed be people to cause to it fail. we don't want the political process to set the value of the money. we're too big and too important to allow this to happen here. i understand it's a political vote. go out and beat up on the fed. you're a mysterious event. you could be in a deann brown novel. we recognized as nation it was important to keep monetary policy separate from fiscal policy and monetary policy independent. that's the long explanation of support for your position. you are as you said, audited in every area in a very open and aggressive way. and we have the access to those audits. everyone does except on the issue of monetary policy. that's the way it should be. i want to get into the too big to fail issue. i haven't figured out how to ard this yet. there's a proposal out of the house banking committee that said healthy, well capitalized, institutions wi

out there, i can't draw a distinction very much between what's going on between the years of larry somers, for example, or someone who may believe that they can always keep pushing the system further ahead. we've heard of those people. this economy, madam speaker my news to the white house is, this american economy is not just simply a large magic chain letter you can stimulate some people to make another investment and send out another dozen letters in the chain and they would get theirs out of the next group of suckers, that's what a chain letter does. that's what a government-driven economy does. it always has to find another group of suckers. and the suckers today are becoming the ones that are producing some wealth in the private sector. where does wealth come from? it comes from the production of goods and services i first that are essential to the survival of mankind and second for the production of goods and services that improve the productivity of those goods and services that are essential to the survival of mankind system of if it's food, clothing, and shelter, the things we m

i know secretary somers did research on this. i can't think of nation where the value of its currency was turned over to or significantly influned or marginally influence ed be people to cause to it fail. we don't want the political process to set the value of the money. we're too big and too important to allow this to happen here. i understand it's a political vote. go out and beat up on the fed. you're a mysterious event. you could be in a deann brown novel. we recognized as nation it was important to keep monetary policy separate from fiscal policy and monetary policy independent. that's the long explanation of support for your position. you are as you said, audited in every area in a very open and aggressive way. and we have the access to those audits. everyone does except on the issue of monetary policy. that's the way it should be. i want to get into the too big to fail issue. i haven't figured out how to ard this yet. there's a proposal out of the house banking committee that said healthy, well capitalized, institutions wi

thomsowill bed at thomson somer country needs. it is make sure we -- it is important that we incarcerate people that that are a threat to society. i join with senator durbin. received letters from the community as well as other communities nearby. since this became known, more than 30 county boards, city councils, chambers of commerce have passed resolutions of support. local community is united in wanting to have this prison located at thomson, illinois. we look forward to working with the federal government to make sure this is done right. we always believe in helping our country. the most important thing we can do and the war against terrorism is work together, work behind our military to make sure our country is safe and sound and democracy is safe. >> i will have senator durbin speak out. for several years now, it is unclear that we need to close guantanamo. it was a decision made under the bush a administration, supported by robert gates, supported by general colin powell, general petraeus and president obama. part of the de