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Fannie Mae and Freddie Mac executives have gotten up to you ready for this 100 million dollars.
And pay packages on your dime America.
-- you get that kind of bonus when you've been very productive but what are these executives -- except lose millions and billions of your money.
All for the sake of a government backed.
Housing market with a government ever get out of a sector in which it does not belong.
Here to discuss assortment of Mexico governor and Republican presidential hopeful.
Gary Johnson governor Johnson to pleasure.
Welcome and what -- incredibly outrageous I mean this is outrageousness is this is Occupy Wall Street.
What are we doing with Fannie and Freddie in the first place why should the government even be in the business yet buying bad mortgages from banks.
-- take the write down get out of the business get out of the business and of course -- in the business and we're issuing bonuses on top of it.
This is the Occupy Wall Street moving this -- the note.
This is the notion that everybody in the country -- outraged over the fact that this country doles it out unfairly I think governments of the root of that.
Politicians are the root of this when it comes up -- pay me and I'll -- charged -- especially why can't the anger that you just so articulately and passionately expressed.
And the -- that those folks down and occupy Wall Street have been arguing for.
Why can't that be channeled into some electoral process.
If there -- that many people mad at the government.
If -- -- that many people who think crony capitalism hasn't act has to stop why hasn't stopped I.
I think we're at that point right now I think that this is what the country is clamoring for is to see this stopped to see this notion of what can what can government -- government can create a level playing field but it is anything but level.
I always cringe when government gets involved in some business.
And makes money it makes me cringe because then they just they just think it's easy and gosh we'll get involved in other thing to.
Three or four minutes that you and -- been chatting.
Is more time than you have gotten in any of the last three or four or five nationally televised Republican gubernatorial debates.
You were in the fox debate you haven't been in the debate since then what are they exclude you judge here's the rub mom.
The debates have -- criteria that you have to be at a certain percentage of X poll what is the I am not.
Whatever okay I am not in the polls during the last CNBC poll.
The criteria was that you had to be -- 3% in any national poll.
I was 3% and a Gallup poll in last met last may and they wouldn't return my phone or your telling you that the polls on which the networks rely in order to determine who has enough traction to be in their debates.
Do not have a place to check Gary Johnson -- that's -- the poll that you just showed on year on your show.
In Iowa did not have my name on that pools and -- back.
That's why is that this has to be a -- room decision and I I.
Why are why -- let me ask you the same question -- just -- Ron -- put aside Fannie and Freddie lets you choose to mention it.
If you were president of the United States to day.
In this unfortunate and unhappy economic environment what would you be urging upon the congress I it would I'm promising to submit a balanced budget to congress in the year 2013 now that is to say -- -- and that isn't to say we balanced the budget.
But I'm promising to submit a balanced budget where want to cut.
Let's start with Medicaid Medicare.
And and nonmilitary spending.
But down the list -- I'm gonna detail that document that's going to be a document is gonna be hotly debated -- -- what what would your cuts save anybody are you talking about 40% of all -- the board foreign -- pentagon Social Security.
Medicare entitlements interest payments you know.
That's a cautionary payments you know about the party about the only thing I I can think governors veterans' benefits.
That's about the only thing that gets excluded.
Everything else would be cut by a president I think there's a 43% -- built and everything and when you talk about reducing the military spending -- 43% you're talking about going back to when bush took office well does that so -- does reducing military spending make us less strong that's that's that that's the crux of all this we can provide a strong national defense for this country and still cut the military about 43% the biggest threat to our country's security is the fact that we're bankrupt the fact that.
We are borrowing and for the most part printing.
43 cents out of every dollar that we're spent -- you wish they had you on those polls and in those debates governor Johnson it's a pleasure to -- thank you very much for having of course.
The -- is really.
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