y confronting the evil of our growing national debt. the dirty secret is that mitt romney grew his company bain capital by using massive debt that bankrupted companies while he and associate extracted fees and profits. i quote this is the plain stark reality that has eluded the america s top political journalists for two cock consecutive campaigns. in the past few decades romney has had more debt. here is matt tia bibi. once again you unmask the titans of finance. mitt romney is nothing but a debt machine. right, it s join, the genesis of this was when i was covering romney s campaign earlier this year and he kept hammering home how debt was going to destroy the country and there was this prairie fire of dent that was going to burn our children alive. i looked around and thought doesn t anybody know what he did forfor a career? he piled on debt on companies that would have to pay it back for him. eliot: people who scream non-stop that public debt are dange
largest banks. why are you concerned they won t do that. the oversight council which is cared by tim geithner who has been advocating that the tools be used is sheila bahe and she s stepping down in a few months and no one else seems to be picking up the mantle and challenge she s thrown down to effectively use these tools to help shrink and simplify these way-too-big fm institutions that are a threat to our system. who would you suggest that journalists like myself and americans who are concerned about this issue, as you leave, sheila is leaving, tim geithner is still very much in place. who should we look to in the government, ted kauffman is obviously gone from the senate, toat coupngnfencef bascuurin shgt, c. we, i m stepping down but
secretary of state hillary clinton attending a summit today in london, where she and other diplomats are trying to figure out a future that doesn t include gadhafi. we must continue to pursue the broader goal of a libya that belongs not to a dictator but to the libyan people. now, we cannot and must not attempt to impose our will on the people of libya, but we can and must stand with them as they determine their own destiny. but the rebel advance in libya has stalled as government forces in that country stiffen their resistance near gadhafi s hometown of sirte. we also learned that nato will not be taking command of the mission tomorrow as the president did promise just last night. officials saying the transfer now going to take at least a few more days now. meantime, the mideast wave of revolution showing no signs of abating with the syrian regime staging a massive rally today in an attempt to show it still has the people s support. more thanñi 60 people have been kil
welcome back. the congressional panelling charged with overseeing the t.a.r.p. program on track to dissolve next month and while the panel is disbanding doesn t mean the state of our financial or economic system is any less dangerous than before. you can t bail out too big to fail banks umaets wioudiorng tse rkets. the question we must ask is did the treasury do everything to rein in those problems? the answer, unfortunately, is no. and the panel s final report on the t.a.r.p. highlights the problem that still plague our markets years after the financial crisis. joining us now, former senator ted kauffman. senator, what s the greatest forward risk that you see right now? well, i think it s still too big to fail. moral hazard coming out of the whole bailout scheme that continues. the idea that banks don t have enough capital, you know, it s that whole area we talked about
playing whack-a-mole. we traded the financial crisis for the one employment and housing because they are not a strong political constituency. what concerns you about it is this, in fact, there s a political constituency out there to do something about home foreclosures but we haven t put the emphasis on that. you have to wonder where are the incentives to do this. listen, always a pleasure. hope to continue theç dialogue with you, senator. thank you. still ahead on the dc show rethinking how we teach our kids. how the web is helping some students learn at home and do homework at school. flipping the script, if you will. plus the best march madness bracket in america, definitely not mine. it doesn t belong to president obama either. na, na.