i am open about the fact that i love infrastructure because i hate bad infrastructure and i think it makes sense economically and from a national strength and resilience point of view to invest in infrastructure but what is this infrastructure bank idea that president obama is now talking about? what s the bank? so, infrastructure is beset by a couple problems right? if it is a one state, if we have an infrastructure project that is going to be for southwestern states it is a little hard for california and arizona and a couple others to get together and do it. we also don t have a great way of doing infrastructure in congress. the bills don t come up very often. we wait for stimulus measures. they go into earmarks. the infrastructure bank would be a bank with politically appointed and then insulated appointees so they d be appointed and confirmed by senate, sit for a couple years, couldn t take them out that easily. they would get seed money maybe $50 billion in this case which they
bret: bill? the stimulus for starters did actually create jobs. it helped our economy grow as opposed to shrink. what republicans would have wanted to do which was to do nothing, they fought the stimulus. they fought all the different things the president has been trying to do. they fight the payroll tax cuts and infrastructure bank idea. things to put people back to work. what american people want is progress, not more intransigence. you were the briefer for president obama this time last year when they were on their vacation in martha s vineyard and you were asked what was the difference between the 2009 and 2010 trip. and you said. you heard karl mention the poll out, gallup, 26% of americans approving of the the