little longer. i will bear true faith and allegiance to the same. 20 years ago someone on mif tch mcconnell s staff would be fired. no senator would have continued to waste tax payor dollars on the salary capable of being duped this way. but now there is no much thing as a firing offense for his sta staff. so as he tcontinues to push for cuts in medicare and education spending and all sorts of valuable things in our society. the last place that he will look to save the taxpayors money is his own stunningly in competent
anchor of varney & company at fox business andies here this morning. stuart, what do you think is the outcome when you look at this at the end of this weekend? very good question, what is the outcome, where are we going with this. by the way the loss of j.p. morgan chase could be as much as $3 billion when this is all said and done and one of the people who are leaving the company is ina drew, one of the most senior women on wall street, she s going, along with two others. look, to answer your question, though, we re involved in a discussion about how to get the tax payor off the hook for a major financial crisis if, heaven forbid, we repeated 2008, and the banks went under, who s on the hook? the taxpayer is on the hook. that s the situation at the moment. should we change that? should we somehow or other get to the point where the investor in the bank s stock is on the hook? that s what a lot of people want to do. but if we go forward the way we are now, the taxpayer