solve the problem and it has no chance of becoming law. what happens the day after august 2nd? well neil cavuto, senior vice president, anchor and editor of fox news channel and fox business network. neil, great to see you. hey, alisyn. alisyn: what happens on august 3rd if no debt deal is reached on august 2nd? we don t necessarily default. we are hearing and getting wind what happened today at the new york fed when officials were meeting with so-called government primary dealers. there are about 20 of them alisyn. without sounding arcane and getting too much into gobbledygook. these are folks responsible for trading treasury securities, marking them up, getting them out in the market so chinese, japanese, canadians, germans can buy this stuff. they are the responsible are the go-between if you will for selling our treasury debt to anyone who wants it. that is the big question whether they will be able to do that. we re told at this meeting
but other than coburn did it? he was part of the ongoing conversation. part of the deal is, hey, we ll set you up as a lobbyist, mr. hampton, the aide. sell go to people we know and have them hire you and when people said, no, there was a great phrase they used in ensign s office. we re going to jack him up to high heaven if they cross us this way. they set hampton up. as a lobbyists. it doesn t go that well. making some money. selling out the public interest to cover up the puddle of mess? violating the law and when it falls apart, enter coburn. now doug hampton wants $8 million and he s trying to to shut up. has a lawyer. presumably. he s you know, he goes public after that very quickly and coburn becomes the go-between between hampton and the office on how much to is that illegal? well, you know, depends on what you think is happening. if he s trying to get someone to shut up about unethical behavior explain to this to me.