leer. going to show you back here. see the number of military personnel gathered there. they are flooding inside the scene there beyond them you can see an balance that appears to be backed up to the scene. warmed and ready to go. can t confirm to you what the activity is. there is so much of it here. every once in a while see beams being pulled out or debris being pulled out and a rush of rescuers going in. rush of aide workers going back towards the scene are coming back out this way. so it s just been a hype of activity since we ve been here. this appears to continue now with the military personnel. as you mentioned, a few days ago, earthquake 7.1 struck the area. what happened was the school basically collapsed on itself. four stories all collapsing down. crushing the people inside, including as you mentioned those 21 young elementary school
that you put up. there s nothing in europe that s basically pushing the continent towards a real pro growth agenda. it s that sort of stuff. dagen, you ve spoken out on your show on fox business, if you don t get, you should demand, this is a worldwide problem to charlie s point. in other words, no one is getting this issue. and so, to the point it all comes collapsing down, i hope it s not in my lifetime or ben s, i have no problem with it being in yours. (laughter) i wonder what the reaction would be? in this country, we will be forced ultimately to pay such high so much in higher costs to borrow money that they will have to do something in washington, and i ve been saying that all along, but, again, people are stupidly loaning this country money every year for ten years at less than 1.7%, it doesn t make any sense. and it s interesting, to deal with it now or deal with it later. and that s how they closed the
and this greece had been living much further beyond its means than it fessed up to. and this triggered the crisis in the financial markets. what about ireland? you go to ireland and say this is a place that only yesterday was the richest was the place booming in a way that even places like london seemed tame. that s right. investment bankers would go from london, irish people who went to work for goldman sachs and go home on the weekend and felt poor kind of thing. this country was historically destitute. in 15 years hit gone from the poorest in europe to among the rich nest europe. and the irish, the irish it was an extreme version of what happened here. the banks behaved completely irresponsibly. so when it comes collapsing down, the banks have incredible losses. and the interesting contrast to
and this greece had been living much further beyond its means than it fessed up to. and this triggered the crisis in the financial markets. what about ireland? you go to ireland and say this is a place that only yesterday was the richest was the place booming in a way that even places like london seemed tame. that s right. investment bankers would go from london, irish people who went to work for goldman sachs and go home on the weekend and felt poor kind of thing. this country trip was historically december constitute. it had gone from the poorest in europe to among the richest in europe. and the irish, the irish it was an extreme version of what happened here. the banks behaved completely irresponsibly. so when it comes collapsing down, the banks have incredible losses. and the interesting contrast to me was between ireland and
reform? i m voting against proceeding with a bill that s fundamentally flawed, ali, that will not address the real causes of what caused the collapse in 2008. for example, two of the main players in the 2008 collapse were freddie mac and fannie mae. right. this bill does nothing to try to bring fannie mae and freddie mac under control. and the housing boom that we saw was was largely fueled by by those two entities providing the funding and buying mortgages and whatnot and when the bubble burst, they came collapsing down, and we saw the federal government have to put $121 billion into those two entities and there s nothing in these legislation that deals with them. all of us want to control wall street. there has been a lot of greed on wall street, and we ve seen time and time again that people are angry for the right reasons about the big salaries, the big bonuses and that sort of thing. all of us want to make sure we bring that under control.