he wants to use $1.5 billion in these tarpon dividends for a neighborhood stabilization fund that couldubsidize groups like acorn. joining me with reaction to this proposal is congresswoman michele bachmann. nice to see you. >> always an honor to be on our show -- on your show. sean: you are the second most hated republican woman after sarah palin. liberals despise you. >> they do not like to see conservative women who are pro- life, who are happy, who succeeded without their help. women do not need to have government in order to succeed. we are fully capable and competent, fully intelligent to be able to make our own way in the world. sean: i think our audience needs to know the significance of the bill. it is predicated on a false assumption. that is that that our program actually produced a profit, but you would have had to have had the money paid back yet and that has not happened. >> that is correct. just a reminder, last fall, the u.s. congress and presidents signed a $700 billion that went to bail out banks. we all remember that. the premise is that we were going to see the feder

think the lehman brothers decision is probably what triggered the mess that got us into the need for tarpon. in digging down through and i am told ultimately we did not have enough data. when we made the lehman brothers decision that said, yes, we will allow leamond to go down we didn't have enough data and if we had had more we probably would have meant a different decision and would have stepped in to try to save lehman the way we saved paris terms of that -- a real-life example of what happens when you don't have a clear definition of what is too big to fail. comments? >> senator, i thank you raise you're really a critical point here and i think it is one reason i believe a sissons of the council will be so important because making a determination about what is a system of import institution and how its business practices are evolving over time to move in and out of that definition is something a council of a verse perspectives and expertise on different institutions will be well suited to do based on analysis of data, examination report, information and counterparties and so forth and s

think the lehman brothers decision is probably what triggered the mess that got us into the need for tarponn digging down through and i am told ultimately we did not have enough data. when we made the lehman brothers decision that said, yes, we will allow leamond to go down we didn't have enough data and if we had had more we probably would have meant a different decision and would have stepped in to try to save lehman the way we saved paris terms of that -- a real-life example of what happens when you don't have a clear definition of what is too big to fail. comments? >> senator, i thank you raise you're really a critical point here and i think it is one reason i believe a sissons of the council will be so important because making a determination about what is a system of import institution and how its business practices are evolving over time to move in and out of that definition is something a council of a verse perspectives and expertise on different institutions will be well suited to do based on analysis of data, examination report, information and counterparties and so forth and so i