it was a bad moment when a whether by design or by accident in bernanke and tim geithner stultz benet the new york fed and hank paulson at the treasury let lehman brothers fail and the consequences were dire. and almost immediately they were faced with another giant, aig. now, aig isn't a bank, not even an investment bank. it's an insurance company. and what was the fed doing bodying an insurance company? i used to have a fantasy back when i was at the fed if somebody in the staff had walked into my office and said i'd think we ought to buy a large feeling insurance company what i have said. [laughter] >> guest: i think there was quite a bit of that at the fed at the time. so bear stearns and lehman brothers are kind of second cousins of the bank and the fed understood the business we are in. they really did not see aig gunning. aig is a terrible illustration of how firms can exploit the loopholes in the financial regulation. aig which has a fascinating history of its own at this point is a series of strong insurance companies on top of which has been built a casino. at the casino is

treasury secretary tim geithner. so what i'm saying to this bill that we are going to offer is basically to all these tax cheats that they seem to be talking about in the i.r.s. right now that are offshore, if they come in and voluntarily do what they said they should do, let's treat them like we treated the chief tax man of the united states. the top tax guy, just treat them like that. that's only fair. if he doesn't have to pay the penalties and interest, and he gets off from those penalties, i don't think any other people should have to pay penalties. because the truth is we want to do what the president says. we don't want there to be one set of laws for important people in washington and another set of laws for the rest of the people in america. and those who earn income that are americans. it's only fair. it's like the rangel rule. if you haven't paid your taxes, you write rangel rule on your tax form and onet won't northern ireland penalty and interest until mr. rangel does, anyway. this is the same concept, t

then in september i joined many of our colleagues in sending a letter to secretary tim geithner, of treasury asking him not to extend his tarp authority beyond the end of this year. as the law allows thim to do. this -- allows him to do. this would have eliminated the need for the government to borrow more money. secretary geithner notified congress that he has extended tarp authority through october. now the -- reusing tarp funds, that is money loaned to the financial institutions, that is now being repaid, that treasury anticipates using this for a second stimulus plan. well, i guess that's because they think the first stimulus plan worked so well. you'll recall it was -- the stated objective was to hold unemployment below 8%. it has gone above 10%. we need to learn from our mistakes as well as things we have done right. it would be a mistake to put more money, particularly tarp money, into a new stimulus plan and have it work so ineffectively as the first stimulus plan did madam president, repaid tarp dollars cannot pay for anything. tarp is let a credit card. every dollar spent is a borr

it was a bad moment when whether by design or accident whole history ben bernanke tim geithner dennett the new york fed and hank paulson at the treasury lehman fail, and the consequences were dire and almost immediately they were faced with another giant. aig. is and even a bank or investment bank. it's an insurance company. and what was the fed doing buying an insurance company? i used to have a fantasy back when i was at the fed if somebody in this staff walked into my office and said i think we ought to buy a large failing insurance company -- [laughter] -- what would i have said? >> guest: i think there was quite a bit of that in the fed at the time. so bear stearns and lehman brothers are kind of second cousins in the banks and the fed understood the business they were in. they really did not see aig coming. aig is a terrible illustration how firms can exploit loopholes in our financial regulation. aig, which is a fascinating history of its own at this point is a series of very strong insurance companies on top of which has been built a casino and the casino is where people are be

then in september i joined many of our colleagues in sending a letter to secretary tim geithner, of treasury, asking him not to extend his tarp authority beyond the end of this year. as the law allows thim to do. this -- allows him to do. this would have eliminated the need for the government to borrow more money. secretary geithner notified congress that he has extended tarp authority through october. now the -- reusing tarp funds, that is money loaned to the financial institutions, that is now being repaid, that treasury anticipates using this for a second stimulus plan. well, i guess that's because they think the first stimulus plan worked so well. you'll recall it was -- the stated objective was to hold unemployment below 8%. it has gone above 10%. we need to learn from our mistakes as well as things we have done right. it would be a mistake to put more money, particularly tarp money, into a new stimulus plan and have it work so ineffectively as the first stimulus plan did madam president, repaid tarp dollars cannot pay for anything. tarp is let a credit card. every dollar spent is a bor

tim geithner was the head of the federal reserve from new york city, put there by the major bankers. others that have ties to wall street. but the fact of the matter is, larry, that this administration has tried to damp down, camp down, regulate wall street. but it needs to do much more. it's not a matter of tone. it's not a matter of the right choice of words. it's a matter of deeds. wall street is not responsible. wall street has demonstrated irresponsibility again and again. and to be on the verge of awarding $20 to $30 billion of bonuses to its top executives in the face of all of the money from taxpayers that went to wall street which the inspector general of the t.a.r.p. fund says much of which is never going to be returned to taxpayers is the height of hubris. the president ought to force wall street not only to return all that money but also with interest. and to, as i said, break them up. break up the big ones and resurrect glass stiegle. >> larry: larry, do you think government has no say in this at all? >> of course they have a say in it. you have to regulate against fraud

tim geithner has never appeared before us. there never really was much there there.nary basis and have been paid back. today, in the short time we will take with the chairwoman, we in the minority will ask, where do we go from here? the security of our banks, fdic insured banks, the future of banks conveniently becoming banks when times are troubled and perhaps not being banks in other times. these are important questions that this committee should ask not because we're the financial services committee, but because we are the watchdog of the american dollar and the american process and the laws that are passed at the executive branch and its affiliates must adhere to. i am deeply concerned that in your opening statement, you understandably said the american people were paid back 47 -- $45 billion with interest. i must caution you the american people did not get a penny. that money has not come back to the american people. it has been put back into the slush fund that was created under a republican president with tim geithner and hank paulson's assistance and not a pe

tim geithner was the head of the federal reserve put there by the major bankers. others have ties to wall street. but the fact of the matter is, larry, that this administration has tried to damp down, camp down, regulate wall street, but it needs to do much more. to be on the verge of awarding $20 to $30 billion of bonuses to its top executives in the face of all the money of taxpayers that went to wall street that the inspengtor general of the t.a.r.p. fund much of which is never going to be returned to taxpayers is the height of hubris. the president, again, ought to force wall street not only to return all that money but also to return it with interest. and to, as i said, break them up, break up the big one withes and to resurrect glass steeg elle >> larry: larry, do you think government has no say in this at all? >> of course they have a say in it. you have to regulate against fraud and abuse. and banking industry is one of the more heavily regulated industries that we have. so, every regulation has a reaction. the banks will try to figure out some way around

links to the congressional oversight committees year and report as well as treasury secretary tim geithner letter to congress announcing the extension of tarp until october, 2010. >> today, the house oversight committee looked into last year's merger between bankamerica and merrill lynch. and the federal government involvement in the deal. you can watch it live on c-span 3 at 10:30 eastern time. you could watch video of the event live or at any time c- span.org. today on c-span, "washington journal" is next with your phone calls. live coverage of the house as members continue work on financial industry regulation. in about half an hour, we will discuss health care

she's the book end because tim geithner has never appeared before us.he's the book end because, in fact, there never really was much there, there. bank of america is a regulated bank. monies were made available on an extraordinary basis and have now been paid back. today in the short time that we will take of the chairwoman, we in the minority will ask, where do we go from here? the security of our banks, fdic insured banks. the future of banks conveniently becoming banks when times of trouble and perhaps not being banks in other times. these are important questions that this committee should ask, not because of the financial services committee, but because we are the watchdog of the american dollar and the american process and the laws that are passed at the executive branch and its affiliates must adhere to mr. chairman, i'm deeply concerned that in your opening statement you quite understandably said that the american people were paid back $47-plus -- or $45 billion with interest over $47 billion. i must caution you the american people didn't get a p

she's the bookend because tim geithner has never appeared before us, she's the bookend because in facty much there. bank of america is a regulated bank. moneys were made available on an extraordinary basis and have now been paid back to day in the short time of the chairwoman we as a minority will ask, where do we go from here? the security of our banks fdic insu)ed banks and the future of banks conveniently becoming banks in times of trouble and perhaps not in other times, are important questions this committee should ask not because of the #inancial services committee, but because we are the watchdog of the american dollar and american process and laws that are passed through the executive branch and it's affiliates must adhere to. mr. chairman, i'm deeply concerned that in your opening statement you quite understandably said the american people were paid back 45 billion with interest over 47 billion. i must caution you the american people didn't get a penny back. that money has not come back to the american people. it's simply put back into the slush fund created under republi(p' pr

caller: the commodity futures modernization act was put together by tim geithner in 1999-2000 when therepublicans were ready to sign off on it for the benefit of the financial community. host: briefly, how does that decide this decade? caller: is a 48-page document that allows credit default swaps to be done without regulation. it was signed in by bill clinton without congressional review, put into the omnibus act of 2000 as his last sign offq as president, engineered by the republicans, and it made possible all of the expansion of financial leveraging, credit enhancements, and that led to the massive explosion of procedures in real-estate, and now we end up on the courthouse steps with the same people who say bankers are clearing up their books of the balance sheet, and the foreclosures are recorded on balance sheets by the corporate gangsters. and the only people who lose are the people on the courthouse steps, and they are decrease in home of the the sales by 20% below what would be reasonable market value. host: we will leave it there. carl cannon? guest: i will defer to him on tha

caller: the commodity futures modernization act was put together by tim geithner in 1999-2000 when theepublicans were ready to sign off on it for the benefit of the financial community. host: briefly, how does that decide this decade? caller: is a 48-page document that allows credit default swaps to be done without regulation. it was signed in by bill clinton without congressional review, put into the omnibus act of 2000 as his last sign offq as president, engineered by the republicans, and it made possible all of the expansion of financial leveraging, credit enhancements, and that led to the massive explosion of procedures in real-estate, and now we end up on the courthouse steps with the same people who say bankers are clearing up their books of the balance sheet, and the foreclosures are recorded on balance sheets by the corporate gangsters. and the only people who lose are the people on the courthouse steps, and they are decrease in home of the the sales by 20% below what would be reasonable market value. host: we will leave it there. carl cannon? guest: i will defer to him on that

caller: definitely tim geithner. host: why is that? he wasn't elected but we understand your point. phil, who should it be? caller: yeah, i am surprised it's not obama. host: well, he's on the list. let me go through again, if you want to go to time.com, among the candidates, fed chairman, bernanke, obama, and geithner. caller: i like bernanke, as a team they have rescued this country so well. host: one twitter comment, lillie ledbetter should be the person. of earning equal pay for equal work. we have dennis joining us. caller: yes, it should be barack obama, i have seen him since eisenhower, and this is the best president i have seen in my lifetime. no one else has the skills or the talents he come on to this scene at this time. no question it should be barack obama. host: thank you for the call, next is gary from st. louis. caller: yeah, i think it definitely be glenn beck, he brought out the wrong people and shows from the president, and no one can dispute him. as far as i am concerned he's doing more for this country than the pres

tim geithner said that free enterprise capitalism is what brought us to the brink of ruin. can you imagine tearing asunder the very foundation, one of the principal pillars of americanism, somehow hadn't had a good thought about america. and i'd ask again, why do we need african-american hospitals? why can't we have hospitals that take care of god's children? why can't we all be members of the human race? why is there any legislation that's brought into this congress that sets aside special privileges for people based upon the -- their skin color rather than the content of their character? i think this is a wrong path. we have to embrace each other as individuals. this wallowing in self-guilt has gone on and on, madam speaker. and we had a president clinton that went and apologized to entire continents. now we have a president obama that has apologized to entire continents as well for americanism. in this bill on page 109 of the bill we have another apology. apology from congress that says, first it's got good things in there. talks about native americans, recognizes specia

then in september i joined many of our colleagues in sending a letter to secretary tim geithner, of treasury not to extend his tarp authority beyond the end of this year. as the law allows thim to do. this -- allows him to do. this would have eliminated the need for the government to borrow more money. secretary geithner notified congress that he has extended tarp authority through october. now the -- reusing tarp funds, that is money loaned to the financial institutions, that is now being repaid, that treasury anticipates using this for a second stimulus plan. well, i guess that's because they think the first stimulus plan worked so well. you'll recall it was -- the stated objective was to hold unemployment below 8%. it has gone above 10%. we need to learn from our mistakes as well as things we have done right. it would be a mistake to put more money, particularly tarp money, into a new stimulus plan and have it work so ineffectively as the first stimulus plan did madam president, repaid tarp dollars cannot pay for anything. tarp is let a credit card. every dollar spent is a borrowed dollar

krugman, paul faulkner, i don't think he is listening to them enough but he is listening to summers, tim geithner, he has his son in his administration. i think he is in trouble in this regard unless he wakes up and start listening to the folks who are trying to give him good counsel with regards to turning the economy around. he must fixed trade if he fixes health care. we need fair trade, we need to balance our trade so we can afford health care. host: kansas city, missouri. forest on the democratic line. caller: dennis kucinich would be my pick for democrats. anyways, obama has really sold out the democrats -- democratic party. what was our choice? helicopter girl or obama. maybe if ron paul or dentist it did -- and dennis kucinich could get together, that might be a government we could work with. host: westwood, and new jersey. caller: a super game. the two fellows on both intelligent. i really wanted to talk to barbara. but president clinton is the most impressive for this reason. his self-fulfilling prophecy that things were terrible came true. he really is the most responsible person for a

they have asked treasury secretary tim geithner to appear before them today and on the t.a.r.p.in conjunction with other federal actions, action from the fed, the fdic, the stimulus, kept this economy from plunging over the cliff into what would likely have been a depression. that is a powerful impact. the bad news is that it was not the only purpose of t.a.r.p. it was not there just to save a handful of large institutions. if you read the statute, it is clear that congress intended that t.a.r.p. was going to get ahead of the mortgage foreclosure crisis, that it was going to restart lending, particularly to small businesses, which would have an impact on employment. and it was going to be used to clean up the balance sheet of the banks. did not happen, did not happen, did not happen. host: i know many of you have questions. we will put the phone numbers on the screen. twitter and e-mail also ways to get to us. this week, the secretary announced the oversight of the t.a.r.p. guest: the soul of the discretion of the secretary of the treasury. the wood is interesting is that he say

undersecretary of the treasurer and tim died there, there are something like 25 people -- timber ratner -- tim geithner something like 25 people, and we will work on this in january. >> i am the senior adviser on pakistan issues, and i came from the council of foreign relations. >> i am the senior adviser for agriculture from the u.s. department of agriculture. we are focusing on working with the u.s. military on improving johnson and afghan confidence in the government, particularly agriculture -- improving after in confidence in the government, particularly agriculture. >> i help coordinate a small team focusing on international engagement and diplomatic initiative, in part to help coordination and to overseas human rights and other issues >> the back story is when they appointed me, other countries began to follow suit, and we now have 28 different countries. the last one was belgium last week. some of these are very important, but we welcome them all, whether big or small. we will meet them again in early january, and this is the central mechanism from which we are focusing our national effort. thi

tim geithner, my incoming treasury secretary, reported that the financial system, shaken by the subprimecoming budget director, closed out the proceedings with an entirely dismal report on the fiscal health of the country, with growing deficits and debt stretching to the horizon. having concluded that it was too late for me to request a recount -- [laughter] -- i tasked my team with mapping out a plan to tackle the crisis on all fronts. it wasn't long after that meeting, as we shaped this economic plan, that we began to see some of these forecasts materialize. over the previous year, it was obvious that folks were facing hard times. as i traveled across the]iÑ country during the long campaign, i would meet men and women bearing the brunt of not only a deepening recession, but also years, even decades, of growing strains on middle class families. but now the country was experiencing something far worse. our gross domestic product, the sum total of all that our economy produces, fell at the fastest rate in a quarter century. $5 trillion of americans' household wealth evaporated in just 12

tim geithner making news again. money news today. treasury see as lower job rate. he predicts the rate will be lower than ten percent in the year. economic is moving closer to job creation. said this with bloomberg and krit sideed the record management bonuses said to be paid by big banks this year by ir reshops bli high bonuses. all banks need to restrain the amount they pay their leaders to long-term goals. the house takes up a major financial regulation bill. think about midweek or so. white house coverage and in will it o beach, new york. hi. joe. caller: i hate to break people's heart. this has nothing to do with democrats or republicans but there's a tremendous disconnect here. doesn't anybody notice? the dow was down to 6 thousand points and more statistics came out and more people are losing their jobs and homes. more people have nowhere to come. they're getting part time jobs and looking to scrounge and look for a place to live and all this is going up and stock market went up on the back of misery. more americans are suffering the more cheap labor they ca

tim geithner my incoming treasury secretary reported the financial system shaken by the subprime crisis had halted almost all lending which in turn threatened to the broader economy the downward spiral. peter orszag closed out the proceedings with a dismal report on the health of the country. of there growing deficits. having concluded there was too late for me to request a recount. [laughter] i passed my team with mapping out a plan to tackle the crisis on all fronts. it wasn't long after that meeting, as reshape to this economic plan, that we began to see some of these forecasts materialize. over the previous year, it was obvious that will serve facing hard times. as i travelled across the country during the campaign, i would be men and women bearing the brunt of not only a deepening recessions but years even decades of growing strains on the middle class. but now the country was experiencing something worse. our gdp this sum total of all that our economy produces fell at the fastest rate in a quarter-century. $5 trillion of american's household wealth evaporated in just 12 weeks has

bush, of secretary paulson, chairman bernanke, president obama when he came in and now secretary tim geithner, all of these people have really merged to performing a great effort. and the congress quite frankly on both sides really should be thanked in a way because they did their job too. not all of us agree. not all of us succeed. but everybody tried. and you know, the real beneficiary of all of this is the american people. we did not go into a great depression. host: let's go to josh on the independent line calling from deer park, washington. caller: congressman kanjorski, you're a master filibuster. i'm curious, why should i believe a word you say? i watched an hour of "frontline," and you're one of the biggest crooks in congress. no blame? guest: look, why don't we be a little intellectual and ask questions. i don't really care what your personal opinion of me is. and all you prove if you can be convinced of my ethics or moral sberptude on the basis of some politically influenced program, that's great. but the only thing i do, i feel sorry for you. i don't feel sorry for myself. if you h

and some of you actually were in attendance for have seen that tim geithner and i held a forum last month, a small business lending. and that in turn set the stage for the small businesses job summit where tim and i had another form, we had small businesses there. we had banks there, community banks, large banks. and that in turn contributed to the roll out last week of the jobs plan in which small business was a priority. process has been a great way for us to get input directly from small business owners. so it's not surprising that this plan, this jobs plan, has a very broad support from the small business community. because it's built on things that work. i mentioned before the waived fees. the increased 90% guarantee in hour-long program is exactly what they were supposed to do. they worked so well, in fact, that we ran out of steam as funds before thanksgiving. it was months before it was to expire. small business owners in our lending partners are very vocal about the need to continue these provisions. and that's why the jobs plan calls for them to be extended through the end of 20

rommey came over to our office and with the support of stoolie and david colin, undersecretary, and tim geithner, they are now something like 25 people. 25 people in treasury alone who also are working with people like will at the pentagon. this is a very big effort. and rommey and i've will be going to the gold in genoa to work on this again. >> good evening. i am senior adviser to ambassador holbrook on pakistan issues and i came from the school of council on foreign relations. >> hi. beginning. i am the senior advisor for agriculture from the u.s. department of agriculture. we are focusing on working with usaid and the u.s. military on improving out of cultural jobs and incomes, and improving afghan competence in their government. particularly the agriculture. >> i am dan. i am one of two deputies to ambassador holbrook. i help to coordinate a small team of focusing just on international engagement. and diplomatic initiatives. in part to help make it more efficient or i help to oversee a range of legal detainee human rights and other issues. spirit and the back story on that is when president

and just yesterday, we heard from treasury secretary, tim geithner, that the administration is developing an initiative to tackle our economic problems and unemployment by using tarp funds for small businesses. elizabeth warren, appointed to lead the panel that oversees the use of tarp funds, responded to the secretary saying, quote, it's not news to anyone that small business lending is important. small businesses are closing every day. but treasury has announced three plans and has not gotten the job done, closed quote. the president has said we need to spend our way out of this recession. the majority also tried that in passing the $787 billion stimulus. it has not worked. now, they want to spend more tarp money. haven't we learned that if we want to create jobs and grow our economy we must support the private sector and invest federal dollars sparingly and wisely? unfortunately, this bill not only fails to end the tarp now that the emergency and the financial markets has abated, it also turns tarp into a revolving slosh fund to pay for the majority's political, economic and social age

undersecretary of the treasurer and tim died there, there are something like 25 people -- timber ratner -- tim geithner something like 25 people, and we will work on this in january. >> i am the senior adviser on pakistan issues, and i came from the council of foreign relations. >> i am the senior adviser for agriculture from the u.s. department of agriculture. we are focusing on working with the u.s. military on improving incomes and afghan confidence in their government, particularly the ministry of agriculture. >> i am stan feldman -- dan feldman. i helped coordinate a small team focusing just on international engagement and diplomatic engagement -- in part to help coordination become more efficient. i also helped arrange human rights and other issues. >> when president obama and secretary clinton appointed me, other countries began to follow suit, and we now have 28 different countries where i have counterparts. the last one to 0.1 was belgium last week. some of these are very important, we did the last one was in belgium last week. some of these are very important. this is the central mechanism to

and just yesterday, we heard from treasury secretary, tim geithner, that the administration is developing an initiative to tackle our economic problems and unemployment by using tarp funds for small businesses. elizabeth warren, appointed to lead the panel that oversees the use of tarp funds, responded to the secretary saying, quote, it's not news to anyone that small business lending is important. small businesses are closing every day. but treasury has announced three plans and has not gotten the job done, closed quote. the president has said we need to spend our way out of this recession. the majority also tried that in passing the $787 billion stimulus. it has not worked. now, they want to spend more tarp money. haven't we learned that if we want to create jobs and grow our economy we must support the private sector and invest federal dollars sparingly and wisely? unfortunately, this bill not only fails to end the tarp now that the emergency and the financial markets has abated, it also turns tarp into a revolving slosh fund to pay for the majority's political, economic and social age

some of you actually were in attendance or have seen that tim geithner and i held a forum last monthf small-business lending. that in turn set the stage for the small businesses jobs summit, where he and i had another small business forum, small businesses, banks, and that in turn contributed to the rollout last week of the jobs plan in which small business was a priority. this process has been a great way for us to get impact directly from small-business owners, so it is not surprising that this plan, this jobs plan, has very broad support from the small business community. because it is built on things that work. as i mentioned before, the waived fees, the increased 90% guarantee is an hour-long program, it did exactly what they were supposed to do. they worked so well, we ran out of stimulus funds before thanksgiving. small-business owners and our lending partners are very vocal about the need to continue these provisions, and that is why the jobs plan calls for them to be extended through the end of 2010. in addition, we are asking congress to increase our loan size from $2 milli

tim geithner, my incoming treasury secretary, reported that the financial system, shaken by the subprime crisis, had halted almost all lending, which in turn threatened to pull the broader economy in a downward spiral. peter orszag, my incoming budget director, closed out the proceedings with entirely dismal report on the fiscal health of the country, with growing deficits and debts stretching to the horizon. now having concluded that it was too late for me to request a recount, i tasked my team with mapping out a plan to tackle the crisis on all fronts. it wasn't long after that meeting, as we shaped this economic plan we began to see some of these forecasts materialize. over the previous year it was obvious that folks were facing hard times. as i traveled across the country during the long campaign, i would meet men and women bearing the brunt of not only a deeping recession but also years, even decades of growing strains on middle class families. but now the country was experiencing something far worse, our gross domestic product, the sum total of all that our economy produces, fell a

one of the things i am not sure if secretary geithner is here -- there he is, in the back. one of the things that i think timll testify is that basically at least every other day i asked him, what are we doing to help credit flow to small and medium-sized business, and there is going to be an overlap between what we are doing on the recovery act and what we need to do in terms of bank policy, what the fed is doing in terms of the credit markets, and one of the things that we are really exploring as how we can help the community banks and smaller banks to loosen up credit. in fairness to them, they are a little bit caught in between, because bank regulators are looking at their books and sang, boy, that was a real mess, and they are asking that the increase capital requirements and tighten up their lending criteria. it on the other hand, that have the president of the united states that have the present -- that the president of the united states saying, what are you lending more? they're in a little bit of a fix. some of that is unavoidable. of the banking sector was in bad shape and it was over-leveraged and

attendance or have seen that tama geithner and i held a forum last month on small-business lending and that, in turn, set the stage for the small businesses jobs summit where tim and i had another forum. we had a small businesses there, banks, community banks, large banks, and that contributed to the rollout last week of the jobs plan in which small business was a priority. this process has been a great way to get input directly from the small business owners, so it's not surprising this plan, this jobs plan has very broad support from the small business community because it is built on the things that work. i mentioned before the waived fees, the increased 90% guarantees in the loan program did exactly what they were supposed to do. they worked so well in fact we ran out of stimulus funds before thanksgiving. it was months before the authorization is going to expire. small business owners and in our lending partners are very vocal about the need to continue these provisions. and that's why the jobs plan calls for them to be extended through the end of 2010. in addition we are asking congress to increase loan size from $2 million to $5 million. based on what w