office. including the president. sean: you are fired up mr. rove. i met with a bunch of these republicans you can t walk out of that room without getting fired up, because they are trying to do the right thing for the country. sean: it will be good for them politically. and they understand what going to be the consequence if the president has one of his two ways. either a much bigger government that is more expensive had higher taxes or failure to pass a reasonable debt ceiling and problems on the economy. sean: good to see you. president obama reportedly wanted to drag congressional leaders to camp david for more talks. republicans and democrats are both balking at that idea. juan williams is going to defend the president and his crybaby antics, next. thanks to the venture card from capital one,
larry summers ordered the rewriting of a report which found that fannie mae and freddie mac should be privatized and stop receiving your tax dollars. treasury secretary geithner and former omb director orszag don t emerge from the book looking better. by the way, this book is phenomenal. i want to say that up front. there s so much information in here. we do we could do a whole hour special. thanks sean. sean: freddie and fannie, franklin raeupbdz. the community reinvestment. act all of these things together. am i right in saying that government forced banks and financial institutions to lessen these lending requirements so that people could get mortgages knowing that the people would never be able to repay these loans is that true?
president not support it. if they have to go back dollar for dollar, small increases, dollar for raising the debt sealing that is fine. at least put the debt ceiling that is fine. at least put the onus on the president. i think they should call his bluff. we saw obama blink when it came to cutting the bush tax cuts. i think he will blink again. the only area where i differ slightly is, i think republicans need to keep it simple. a balanced budget amendment is not going to pass. sean: i want the democrats on record. it is kind of gimmicky. the whole thing is a game on some level. that is what is frustrating to the american public this idea there s a debt ceiling. they create a set of rules, when the rules aren t working they want to change the rules in the middle of the game. who does that? kids. it is not a game throw. but it is being treated like a game.
sean: this is a fox news alert. two passenger planes have collided on the taxiway of boston s logan airport. the collision occurred 7:30 eastern time and caused extensive damage to one aircraft. the tail of the plane has been bent overcome pleatly. passengers were onboard over completely. passengers were onboard both planes. no sear no serious injuries were reported. we ll keep you updated. the mainstream media has been showing its true colors from praising the president for his solid handling of the situation. to railing on republicans for being stupid and mean. here to help us point out the most outrageous examples of liberal bias. the president of the media research center brent bozell.
the house to do that with 218 votes or starting to be a sense of it. then follow with a vet on the balanced budget amendment. and put the democrats on record. sean: that s what i want. let me ask you strategically, would it be better to do this in two parts: cut, cap and balance first that is the best plan out there especially if the cuts are front-loaded not back-loaded. right. sean: we have to assume the senate either won t pick it up or the president would veto it and won t sign the bill. maybe. i think if the house passes a measure that has a big bunch of cuts in it. and an increase in the debt sealing that is smaller and sends it to the senate, what is the senate gonna do say no we are going to let the country go belly up? i think the senate passes it. if they send it to the president, you think geithner and bernanke are going to say yeah mr. president follow through on your threat and veto it? sean: do you think that s the next step for the