At the sec who have been very helpful. And rich cordray and his team that have been very helpful. And industry stake holders with whom weve met with regularity because theyve been very helpful in enable ling us to understand the Business Model and how you thread the needle. I think it is a false choice to suggest that the only way to continue the business of providing Financial Service advice to folks is the status quo. I categorically reject that. You know, i have heard from some, i dont understand the problem youre seeking to solve. And with all due respect, i dont i cant believe that you dont understand the problem that were seeking to resolve. I really dont. And i dont mean that disrespectfully. And fortunately, i have heard that less and less in recent months. I heard that at the outset. And i hear that less and less. And that is the good news. And so what are we trying to do with our proposed rule . Were trying to solve the problems that have afflicted so many people. You know, i
Your focused items . Sure. What is the last part of the question . Some of your what you would like to see in the next congress . On policy issues. So on the first of all, lets remember the fiscal cliff is defined the issue right before us, right . The fiscal cliff contains 5 trillion in revenue. You know, just an aside here, if the fiscal cliff were allowed to happen, and we want to make sure it doesnt, we would over a 10year period overachieve on the Simpson Bowles reduction. We would overshoot them now. We dont want to do it that way because its way too much, way too fast and in the wrong way. The other component of the fiscal cliff are the sequester cuts. So thats why you see the president s proposal lined up as it is. It has 1. 6 trillion in revenue on top of 1 trillion in cuts and he has another 600 billion in cuts. In terms of just in terms of entitlement reform, i want to go back to what i see as a very different philosophical approach, and we began this effort in the Affordabl
Was. It would seem to me to be critical when you were examining one of these claims. I assume that you have a group that works with the claimant as far as dealing with their Insurance Company. Dodge the Loan Officers deal with the actual agent when they process the application. And you feel comfortable with their expertise . Insurance companies can be somewhat difficult at times when it comes to claims. We have pretty good success dealing with the disaster survivor and the agency. I can see i am way over, but i have a number of other questions. In any event, if i were you, i would take a look at the application form. I dont want to see a form that looks like a phone book, but i have this idea of keeping it simple. But it seems to me you need more information than what you have. Go back to katrina. The chairman indicated there were 18,000 businesses, what percent had insurance . I will have to go check the records. I was not with the office of Disaster Assistance at the time. It would s
Up to five years. Say you multiply one million times five, you get about 5 million professional workers in the United States at the present time taking jobs and some Academic Studies that are done, basically pointing out that we have much higher Unemployment Rate among professional workers than we have experienced in the past and that wages for those professional workers are basically stagnant over the past about a decade which would not be true if there were a shortage and if there were bidding among the employers for those high skilled workers. And with regard to the lower end of the skill level, farmers will tell you that they have crops that are rotting on the vine, and that is true. There have always been crops rotting on the vine regardless of how many workers were available for harvesting them. That always happens. For various reasons sometimes the crop is somewhat damaged. Sometimes it is simply a resource issue that the workers do not get there at the right time. But it is not
Here are the numbers to call you can also find us online. Send us a tweet. Or join the conversation on facebook. You can also email us. The Washington Times has this headline and in the Washington Post we would like to hear what you think about this bill. We will be digging into it more, going over some of the details. If to give us some perspective is pete, a staff writer with the the hill newspaper. Thanks for being with us. Guest hi. Host they talk about the House Republicans balked at first. What was the Sticking Point . Guest you used to just have to keep taxes low. But with the debt creeping up more and more, it is increasingly coming to play in our republicans think. When they first look at the deal yesterday the senate passed, theyre looking at it when the cbo scores came out and the source said this is a bunch of new debt because we are letting people off the hook on texas and a little bit of spending cuts and that is not what they wanted and it is not the balance to deal they