Also in this playlist...
This transcript is automatically generated
-- -- -- -- It is all about confidence -- you folks feel confident about where we are.
And where we are delegate for president who has been criticized by Bill Clinton for bringing us down.
A rare opportunity tonight for the -- to lift us up to ten Willie let -- as democratic senator Tom Carper senator always good having him.
-- -- -- -- -- -- -- we are getting indications that some of the early it -- from the speech tonight that he is going to hit a positive a sort of a note I think we have a quote we want -- -- -- but they insisted that it is that he is going to talk that while our economy.
May be weakened and our confidence shaken that we are living through very difficult and uncertain times tonight I want every Americans -- now.
That we will rebuild we will recover the United States of America.
Will emerge stronger than before the senator I was going to read -- you the entire state of the union speech.
But he's actually got copies that's our microphone he's not like that our Summers on you but let me ask you what you made of that -- may be whether he has been -- Changes -- tonight.
Well he's -- I've spent -- part of the last couple months reminding people that.
This is not a match that he and his administration created is what they've inherited.
And this is the they had Rivera not dealt he.
That he spent the last several weeks trying to create the an environment where the congressman coming in past major stimulus package tax cuts.
And a lot of spending troop put three or four million people to -- Having done that I think it's time to they're really kind of pivot then and do some things he's -- that it has to instill confidence in folks and give us a reason the be be more hopeful.
This is -- -- -- what is it isn't his -- I know he's -- saddle up prior guy got his best that I inherited now on but at what point does he say.
I run the ship it's my ship the ship is that the -- But I think when the the housing market stabilizes and people -- you're gonna start.
Taking advantage of much -- housing prices are.
Much lower mortgage mortgage interest rates and think about advantages -- thousand dollar first time so it's not until they are handsets and something good to take that'd -- -- -- -- -- -- to fire him that's when I start taking credit what are things there's sake for years.
At what point does he say the -- this is me.
I think frankly I don't know but I think what what the way a look at this thing.
-- is that what what Barack -- to -- out tonight it's what I call a force legged stool.
First piece is a stimulus package.
Not just past have been implementing it well second season what he's got a call to order a mitigate against home foreclosures third season how to get the banking system working -- The it to provide liquidity to provide loans to those who need in the last pieces so long term pieces.
How we restructure the banking system and make sure we don't at this match again a couple of years.
Okay but what's interesting senator -- you're patriot and hardworking senator but it seemed to be what you were saying there is that.
Not until things turn around -- good to have the president talked about this economy being as -- so.
If it's crappy leading up to that that's not -- my hearing.
It's the five -- -- -- -- start taking credit for the recovery when it occurs it's not occur right away we know that he said that time in and again.
But that again he's a got a good job of reminding the American people that this is not a a -- sit down I created.
But when you don't you know just at Denver date yet -- today one of the reasons why the market was up a lot today as you know senator he was talk about you know what.
It's possibly could be out of this recession by the end of this year in the recovery -- -- full force early next year let's say -- right.
Then we're spending a lot of money that we don't have to -- Not I think as a -- I think we need to do four things that I mentioned those published Reagan stimulus package well implemented second mortgage.
A foreclosure mitigation third piece -- the banks working in the fourth -- long term restructure banking system.
I think what we.
-- Iraqis -- convey a strategies -- we thought is that this is what we think we need to do we've implemented the first -- were -- process -- -- number two and three and let's.
We we start trying to restore people's confidence you mention that word before confidence and hope.
And that and that's I think they're part of what he needs -- that I think you'll be you'll probably probably nailed it pretty good -- sort of thing.
Senator is so good guess -- I didn't read the entire Barack Obama's speech for that -- our -- -- thank you always -- birth defects are.
Filter by section