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-- short program information without one of Saddam and up I had a good morning commute -- Legacy of Stockton Home Depot they'll let economical -- Now that would -- that would -- -- At a news from Norbert venerable.
Do I got a kick out of suffered there's but.
And illegal immigration legislation yesterday -- -- And one of the people objecting -- go ahead of about they're called a national day laborer -- association.
I mean it will ironies in this.
The nonsense that attend the debate national debate on illegal immigration -- -- -- while.
And you've got.
And -- got Hong with.
However in a position as you don't have relatives are very emotional part or all illegal immigration amendment called my personal favorite.
That we're gonna have a rational effective humane immigration system.
And we've got to have secure borders and ports I don't think anybody is in disagreement.
Without -- -- you know the man who's in charge of leading.
These the legislative initiative and that is senator Chuck -- On who gets a lot of control.
-- you were very widely characterized as a racist lawless sort of thing.
Well because you've got a bunch of idiots who don't pay attention to what I am saying Andrew try to do our.
Characterize it through propaganda from the left wing I mean you've seen it over the years -- -- You're all.
And polar radio show or can he's talking.
-- I'm having a ball but I mean I really now.
Heart started I've never done -- -- radio and the children cheer for the first year and a half but now of course -- After a mobile -- -- -- but it's good it's great it's look a lot of -- What did you do this -- GQ -- -- A lot up Canada.
And and all your years in broadcasting.
These children recognizes it's a terrible line journal -- around on.
You don't want.
Yeah I absolutely -- But Jean Marie -- observatory is brilliant and -- -- very brilliant writer.
I have more fun.
Debating and talking whether you know -- time.
Discussing the issues of the day and I think he's a client of -- -- -- our -- of -- book about.
And are you throw a little bit of a -- -- -- -- well over three you know.
I wondered why -- -- -- and I was playing music on the radio.
And there is playing music -- -- -- national level.
That Obama supposed to be ready in a commercial over.
Got an excellent and released motion but he showed a ball longer sure after -- -- compared.
Are you still -- of our honor from president.
I'm you know right now I'm just not.
Weren't too much about anything and government monitors all targeting -- -- about focus and -- quarterback Philip are also working with a lot of people Washington.
Trying to kill the solution to illegal immigration and -- wrote a private citizens can do to help in that regard.
He spoke -- those there are suited to part of -- -- -- -- -- it was -- it was very -- I mean these are terrific people put the party's I mean.
They're concerned about their country they're all citizens -- they want to make certain that.
Through the futures.
Future generations of Americans have a have a country that that resembled which we inherited.
I loved the energy that you know -- caring.
There's nothing more positive and I've done to a from the last week or so one in the North Shore.
And -- and and in the wanted to attack they have here in New York about Avaya -- global excellence of -- all the people who were involved.
-- Obama and only illegal immigrants are either.
I don't know but I think this country is about those here in the middle class for those -- -- choir tour that's you know -- -- American dream resides in the -- -- and be a problem that we've got -- between twelve and twenty million illegal immigrants from the country.
Which speak after the knee boot the ball leadership that largely because you left many that they want probably -- Are rolling bombs -- announcement -- of the world were you it'll just say you were the wrong approach are -- deployment -- vegetable.
We all would you run expect him to be elected.
I would -- otherwise I'm I mean I think the full error and brought to make a point guard here.
I just couldn't imagine doing it can bring -- -- reason because it's got to pick a lot of out of your hide your stomach -- to do.
So it's up something for the American public and they come through you know.
Of them -- -- somewhere down the line here if you.
I'm not -- sure you know running for the presidency.
The we will know at that point on it's your -- were lost your mind.
Phil and I think doctors get a quick poll ball by family members -- think they would be in agreement with certain a.
-- he sought out those familiar view of this Goldman Sachs situation FCC national.
Interesting timing is an -- thing because -- and seven of the world water.
Informing -- of an investigation six months ago more than six months ago now.
He it's a it's a really.
Peculiar action by the SEC along party lines the commission voted to -- against the enforcement.
With -- Well with its derivative play particularly this one.
Into the in which they made a market.
But they also allowed John Paul from the hedge fund manager to design.
These these security that was being.
-- or bad on.
The -- that's the allegation.
And I think they've got a very first question to ask them to have their field running around talking about you know this -- war sort of I think.
An important position for today.
Because he doesn't really -- go to war with the federal government.
All the facts.
Executives and board may have forgotten that there and our commercial world commercial bank holding company and have different responsibilities when they were.
While -- investment bank.
Come on Wall Street.
Put him around awhile and -- -- -- whole -- -- you probably useful for years right what do you think happened.
Well what I think happened is that they got a little too fancy.
And whether or not that results in -- penalty and so that the civil charges of fraud.
You know I can't answer because you know -- there's -- way to predict that.
But I do know that -- Goldman's management doesn't understand they've got to change where they're doing business I mean before any financial reform legislation.
Than there you know -- of an unfortunate.
I think these guys are all Smart enough.
The -- and they've got to change where they do business.
-- -- -- -- -- -- -- -- -- -- There's there's ones that were selected by the -- -- gone right that he was got in on and then -- -- he planned to fail.
Right and I sold them to other customers right -- all not telling them that in fact telling them.
All that they were -- good investment right.
All different artists on ethical.
Or law or criminal or -- Well although I think is you certainly -- ethical and and not wise ever -- client in the position where you were betting against a couple of well.
So ill -- -- crumble a little about somebody else because Wall Street is.
You know investment banks.
Brokerages have have to make markets in making markets.
-- some people don't understand that they have to create.
A position where they are actually.
Taking the other side of -- -- back in order to make a market.
This goes well beyond that the first full well that the mortgage backed security this sort probably.
The CBO -- -- -- obligation.
Collateralized debt obligation.
Was in fact a sense that it derivative but every in this is even more -- -- and derivatives.
Live on the first quarter.
These were just references to look at the federal securities where it gets crazy.
But if you're required to attack come along and -- position.
-- on their customers to make money on and in particular in -- It was a offenders are descendants are an inherent then build and -- -- for them to misrepresent what their ultimate sullen.
There would be that instead of -- -- moral hazard and and when you've got the government backing up for Goldman Sachs.
You know -- of the judgment perhaps that would otherwise be applied.
But the real I think found the real question we have looming before us now is whether or not this.
All of the rhetoric emanating from this administration.
-- from from congress and Chris Dodd.
If they've got the guts to go as far as to apply the last big.
Because all of the financial reform legislation -- hopeful.
Don't go even -- in my opinion don't go far enough to return us to a period of sanity which was pre 1999.
Before President Clinton rescinded -- -- providing investment banking and commercial back.
They really need to do I think bring that back and and -- -- quirk of timing on -- -- I'm on the radio three to -- For -- report.
And on and on her New York I am mobile are.
Lost for little session and it is a great people over there -- dollars us to talk Ruth finds that the doctor Don thanks so much Lou Dobbs -- -- it's more important.
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