Videos

November 18, 2008

We had a meeting yesterday with Secretary Paulson and Chairman Bernanke for some period of time, over an hour, and we discussed those issues. First of all, we think that from the standpoint of Secretary Paulson and Chairman Bernanke, they believe that the TARP program has been successful, successful to the extent that the very deep plunge that they feared has been staunched and that there's been a stabilization in the financial community...

November 18, 2008

Our challenge is ensuring that we live up to the possibility of that day and the promise of this moment in history. With that oortunity in mind I want to talk as house majority leader about the shape of the new congress and its work in the new year.

November 13, 2008

We know what happens in the great depression, the reason it went to a depression is because the government failed to act. The government failed to step in and stabilize the economy. We know that. Ben bernanke, the history of the great depression, as you well know, said, "if you do not act, we are going to have a real crisis."...

November 10, 2008

Everybody understands, conservative, moderate, liberals, republican economists, democratic economists understand that in the short-term confronted with an economic crisis, that you try to stimulate the economy, and you do that by deficit spending.

November 9, 2008

We want to focus on the economy, try to get it moving, creating jobs, stabilizing the downturn that we have seen. That would be our first priority...

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