Also in this playlist...
This transcript is automatically generated
Says Democrats will -- a strong showing in the November elections.
On the -- The white house press secretary Robert Gibbs says the party may lose its majority in the House of Representatives question could this be 1994.
All over again whether Republicans swept the house and the senate.
And if that did happen -- the stock market rally.
That -- only man who couldn't really answer this question is whether this affects -- of course the welcome program and we've been through it thank you let let's suppose we get this scenario that the Republicans take the house will the market rally.
It -- -- there's a chance the Republicans will take the senate it's actually -- that Joseph Biden's out their thing.
-- about -- through 1990 and 1994.
Al Gore did the same thing and Meet the Press said.
This is like 194080.
Is a little confused in terms that was a presidential year.
But he said it was 1948.
They Democrats are going to surprise people and do very well.
Now Biden still on the same things and that's bullish for the Republican so -- what the Republicans do if they manage this week.
What would they do that would so encourage the market and they call.
I think they would to look very closely at the regulations that are coming down the road and make sure they are anti business.
Community banks for example -- hundreds of pages new regulations that could strangle local business -- -- couldn't stop them couldn't.
Oh yes they can bring those people and before congress they can and not have -- -- agencies and no 183 new agencies commissions like coming health care bill along.
How many of them health care bill we don't know financial reform over 200.
So when you put all of that together they could deny financing and they also can set them.
Bar for 2012.
That is for example they could pass a repeal -- this health care bill.
And replace it with something like nationwide shopping tort -- like the best they passed it would veto it somewhat.
-- markets -- to the future if they see that the Republicans have something positive going in the 2012 and -- supporting the voters and people realize.
This is it in eruption not a new bad era but.
Still Steve though I mean at that bar brawl with the president have to play though in other words.
What do you have to be like Clinton and make that -- and say listen the Smart politics than we moved to the center if he didn't do that wouldn't still be tough sledding for the account.
It will have think Pete I think people realize we're not gonna get the kind of recovery normally get after a devastating recession.
We should be at six or 8% today but what does the president though remains steadfast in his beliefs forget the polls forget election -- -- this this this is where some Democrats I think are deluding themselves they hope that the present will be like Bill Clinton say the government here of big government is over as he rushed.
Resolutely expands it.
And -- that he will be flexible like Clinton was signing things like reducing the capital gains tax from 21%.
But this president -- -- part time to do -- it's hard enough for him to get even with small businesses say the word.
We have to help them out a little bit.
Hard to get the words out of his mouth and so I don't think he will also I don't think you'll be able -- -- -- foil with the way Clinton did with Gingrich I don't think he's going to be able to do that with the Republicans stay.
Filter by section