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-- -- I was surprised at how much time and how much passion he spent on the issue of health care clearly he sees this as his signature piece of legislation over the over the two terms as.
Absolutely David -- no question the president defending in Health Care Reform.
Was very tough language against the Republicans in congress who would like.
To make it part of I a budget deal at the end of the fiscal year September 30.
There are some as you know who would like to defund delay.
And or -- or eliminate obamacare altogether.
As part of any -- -- budget deal and the president.
Forcefully defending forcefully attacking Republicans on that up on that strategic effort to.
The -- now with regard to the Federal Reserve board he did today -- with the -- old buddy Major Garrett -- It's just one of the most important economic decisions -- make any in fact even emphasize that the harder the president said this is probably the most important.
Economic decision I have to make for the rest of my term as president.
The big question whether it's going to be Janet Yellen Larry Summers or somebody else.
Didn't really give -- -- about that but he seemed to be emphasizing the need for war QB.
That's how wide circuit I was looking at the market by the way when he was -- about the Fed.
The market didn't really react one way or the other -- what he was saying.
But did you sense one way or the other that he was supporting -- position that the Fed was making.
Other one thing he wanted to do was address comments that he made last week behind closed doors to Democrats who don't like Larry Summers you know who was his former economic advisor the director of the National Economic Council.
And and that defense.
Hands Larry Summers last week in those closed doors meeting the meetings.
Kind of left the impression that maybe Larry Summers.
Had an edge in this race over Jenny -- on the current vice chair and some other candidates.
But here's what he -- about a take a listen.
Well -- what he said was is that at that both the yellen and Summers were equally qualified -- candidate so he didn't tip his hand.
On that part of it but he did say that he wants to make sure as he.
Who is going to named to replace Ben Bernanke at the Fed that he wants to make sure that the Fed is not.
Only fighting inflation is also looking add jobs and job creation addressing seriously addressing its dual mandate.
Well I've had you know it's it's like if you want to insult somebody you start with a compliment you say he has he has great here but he's an idiot you know -- he's started he's started that that conversation on -- week.
By saying yes I'm concerned about inflation but and that he talked a lot longer it seemed to be.
About the issue of improving the jobs picture and in the invigorating the economy one would assume by more Q we.
Well yeah I am well -- who knows what what the thought is is that Janet Yellen would.
Might support additional Q -- if she were named the Fed chair.
-- and if she felt that the economy needed it.
But there's also been some reporting on not Larry Summers and and his support four quantitative easing well -- I'll -- Peter.
I got about which I -- to buy you my friends because it's it's quite clear in many people's eyes at least in the market.
That if it's Janet Yellen she'll be more supportive of more money burning then Larry Summers went right.
I I I'm I'll let you and and commentators decide that but but but it's the president said he still.
Deliberating this city any city had a couple of other candidates as well one we know is Don -- the former chairman of the -- Former vice chair the Fed who is Bernanke.
Ally -- And also won and that's -- speculated as Roger Ferguson.
Who was I -- what's vice chair that of the Fed before her.
-- -- -- -- -- And he's now a TIAA craft so I thought it was insisting that it's not just a two person race there there might -- might be four or who knows you.
As far as who plays it straight down the middle I couldn't get him to give an opinion if I twisted his arm right now but I tried anyway.
I think that Janet Yellen is more supported more supporting money putting.
-- Larry Summers I think a lot of people do but again Peter has to report it as he sees it and that -- opinion on my side Peter thank you very much good stuff for appreciate -- thanks and.
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