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Little pieces of that all the times in the news, different parts of it and people have tried to make a lot of political hay out of that, saying, see, it s a disaster, they re trying to delay it long enough that they can, something, something, something. something, something, something, my tin foil hat hurts. but when you look at pieces that are delayed, do you think that s a cause for concern or a sign of reasonable prudence? probably the biggest and most important thing was the employer mandate, delayed a year. the president made clear, it s only going to be delayed a year, it s not going to be delayed longer. and for most of us, that didn t really make a difference, because, again, it applies to employers over 50 employees and about 98% of those already offer insurance, and the big ones offer almost 100% offer insurance. so it affects only a small number of employers and a small number of employees. so it wasn t a major issue. delaying the individual mandate is an entirely differen ....
Responsibility and have insurance, and that, i think, is what the individual mandate says. and, again, this is one of the things that sort of perplexes me, as much of this perplexes you, is the republicans are the party of individual responsibility, assume your responsibility. and part of that is insurance, right? if you are uninsured and you get sick, someone else is going to largelyened up paying for it. that s not individual responsibility. and part of what the democrats, you know, wanted to do is to say, all right, we re going to give you a way of assuming your responsibility. and let me finally, you were talking about jim demint and the heritage foundation. we should remember that the individual mandate, which sends the republicans around the bend, was their idea. the heritage foundation the heritage foundation s idea. and i would just add, i am having a deep breath problem with this story today, as you can tell. but in 2007, when mitt romney was running for president, jim ....
Process that has nothing to do with elections. let s look at hank paulson. he runs goldman sachs. he goes to the government regulators twice, gets them to drop leverage limits on the investment banks. they blow up a couple of years later while he s treasury secretary, and then we get to bail out if banks that blew up because they did stupid things with the leverage that he went and lobbied to get removed. you can t make it up, carl, you can t make it up. tim geithner s the same story. we have him as treasury secretary. he was the chief regulator of all of these important banks. he does not stop them from getting in over their heads. they blow up and he gets rewarded by being the treasury secretary. we did not vote for either hank paulson or tim geithner. one thing, and i have been talking to the panel about this and others, that perplexes me, or really, i don t know, that really, i shouldn t say perplexes me, gives me anxiety, but also gives me motivation. it s why i m working as ....
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