are the product of a weak economy than any policy. he boasted about the idea that carbon admissions are down. he boasted about illegal immigration is down. health care costs have slowed. all of those are a mix of things but also that there s a weak economy and he s sort of taking credit for them. in particular, the drop in foreign oil imports as the economy slowed, obviously, there was less need and more production on the natural gas side. exactly. let s talk about here s the deal and some of your proposals and how you thing those can be tailored for the political realities of what we re facing. gridlock in washington. the sequester, the failure for any meaningful dialogue between the two political parties. democracy is messy, right, this idea that they re going to be fine is misplaced. you hope you go three steps forward and two steps back. rather than two steps forward and three steps back. i think one of the real problems
very big story. charlie, welcome. good to have you here this afternoon. thanks for having me. martha: you re saying the white house has been giving assurances to the people at the very top of america s banks? reporter: here s the deal, martha, when you re the president of the united states and you go on national tv and you say there is more than a chance of default if we don t raise the debt ceiling, i believe that s exactly what president obama said friday night. after that secretary, treasury secretary geithner went on the sunday talk shows, i heard him say specifically right before i went on that default is in the cards if we don t raise the debt ceiling. that gets people at the major banks which hold treasury bonds, remember, this is the safest security, allegedly, in the world. what they are doing is calling their sources inside the administration and saying is this true? because as we know, listen, it s not going to be pretty, but there s money on hand. other stuff could be c
fox business network s charles gasparino joins us now with this very big story. charlie, welcome. good to have you here this afternoon. thanks for having me. martha: you re saying the white house has been giving assurances to the people at the very top of america s banks? reporter: here s the deal, martha, when you re the president of the united states and you go on national tv and you say there is more than a chance of default if we don t raise the debt ceiling, i believe that s exactly what president obama said friday night. after that secretary, treasury secretary geithner went on the sunday talk shows, i heard him say specifically right before i went on that default is in the cards if we don t raise the debt ceiling. that gets people at the major banks which hold treasury bonds, remember, this is the safest security, allegedly, in the world. what they are doing is calling their sources inside the administration and saying is this true? because as we know, listen, it s not going
they have a vested interest in keeping this going. now, the thing is, of course, meg whitman put a ton of money into the race as well. what we have here is a situation where they took advantage of this woman who was working in her house and the woman had not told her she was illegal immigrant according to meg whitman. they used that to sway hispanic voters who went 63-30. for jerry brown. bill: here s the deal, waterboarding. nurses around juan. nurses around the country don t have the reputation of being liberal people. there are liberal nurses and conservative nurses. the california nurse s association, this is in business to do far left activity. am i wrong? no. you are right. this is run by a former teamster. they are a rough group. what their whole purpose here is, is, again, public service. public service unions. bill: keep the phone flow coming. you bet. bill: no cut backs, keep the pensions, keep the benefits
they have a vested interest in keeping this going. now, the thing is, of course, meg whitman put a ton of money into the race as well. what we have here is a situation where they took advantage of this woman who was working in her house and the woman had not told her she was illegal immigrant according to meg whitman. they used that to sway hispanic voters who went 63-30. for jerry brown. bill: here s the deal, waterboarding. nurses around juan. nurses around the country don t have the reputation of being liberal people. there are liberal nurses and conservative nurses. the california nurse s association, this is in business to do far left activity. am i wrong? no. you are right. this is run by a former teamster. they are a rough group. what their whole purpose here is, is, again, public service. public service unions. bill: keep the phone flow coming. you bet. bill: no cut backs, keep the pensions, keep the benefits