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[2:51] ..." Well congressman and on another -- today Tim Geithner and Ben Bernanke will appear before the house financial services committee and a message. Would you like to be sending."...
[3:03] ..." virtual that they are going to help us keep maximum pressure on AIG and any other institution that's receiving. A direct capital funds from the federal program. To give back the bonds although -- maker -- ninety. They would not covered by the program congress voted mistreated decision to lend them money came to the Federal Reserve until congress is not a ball. An effect once we were asked to do something we its dissident try to put some restrictions on compensation. That would have made -- less likely the other point though is because we have to do two things. Pretty consistently. It's just need to -- a bad situation. But to -- happening again now we're dealing here with a situation in -- to work. For the Obama administration that was -- the Bush Administration. Some Republican executive the world was created on January 20 2009. This is a decision made under the Bush Administration without any congressional involvement to get that solidarity. With no restrictions. One of the problems I would -- We have rules that -- bank is in trouble we have no way to wind down that bank. To put out of business in -- that disruptive to the economy. The battle that law only by the bank. What we needed -- blood level I help people of the federal government to step into weight Lehman Brothers and AIG. -- a Bear Stearns. And not be faced with a choice Eva paying everybody. We're paying nobody could go to both Detroit"...
[4:50] ..." to avoid either letting Lehman go bankrupt and having a great economic negative effect which that happened again during the Bush Administration. Or stepped -- pay everybody. Without particularly AG oh we need to give them away that would affect ticket to the wind"...
[0:00]" This is WBZ's Karen Twomey talking with congressman Barney Frank chairman of the house financial services committee. Talking about Supreme Court justice into Scalia you club lemont homophobic. Can you tell me a little bit about what preceded those of those thoughts in his comments."
[0:15]" opinion. Particularly in the case. Involving the criminal prosecution of two men who to -- to having consenting sex in their bedroom. And were arrested and convicted and the year ago these record throughout -- said no you they had to. -- here with with privacy to this extent these people were two -- and deprived of their bedroom. Now some justices dissented Justice Thomas said -- very reasonable dissent he could look I think that is a very silly law. What -- read the constitution. The constitution doesn't -- this to a Justice Scalia and -- and go to very long very angry opinion and we can make very clear. That he thinks. Gay people are -- threat to this society. It's an angry anti gay opinion and hired people compare. Clarence Thomas -- is just silly idea the notion that we -- arrest people prepping prepping semi tech. Like I don't think cut student says it's it's it's. It's broke it's impossible. They essentially says it. If you read his opinion he -- of people. Who -- idea that is he Ted other opinion involving gay gay people and we can make it very clear that he. Israeli. Angry frightened about the existence of gay people."
[1:35]" GUS stand by using the word --"
[1:38]" Which has put on the Pope needed to these important step prejudice against gay people. I don't say that about guard established artist Thomas. Vote against. Making that law unconstitutional. Saying I don't think people should be thrown in jail or every private said he expects. Like. The constitution doesn't prohibit. That act by state police the other hand they could break Ricky if you read his opinion I think it's. A good idea for. Two consenting adults who have could be getting to be locked up. Because he is so disapproving. Gay people. And you know we're not talking about marriage. BCA of people -- against marriage. And -- life support said that marriage. I eat and I think if you against the Euro pulled. I don't think Clarence thomas' home -- for an opinion which says. Because you can about state to do what I think it's silly but what's going handset and hired people who read this opinion -- against sexist. Essentially you read -- opinion he thinks homosexuals a threat to the society. And edited a pretty good idea about any of -- who engaged in private behavior that he disapproved."
[2:51]" Well congressman and on another -- today Tim Geithner and Ben Bernanke will appear before the house financial services committee and a message. Would you like to be sending."
[3:02]" Well buildings virtual that they are going to help us keep maximum pressure on AIG and any other institution that's receiving. A direct capital funds from the federal program. To give back the bonds although -- maker -- ninety. They would not covered by the program congress voted mistreated decision to lend them money came to the Federal Reserve until congress is not a ball. An effect once we were asked to do something we its dissident try to put some restrictions on compensation. That would have made -- less likely the other point though is because we have to do two things. Pretty consistently. It's just need to -- a bad situation. But to -- happening again now we're dealing here with a situation in -- to work. For the Obama administration that was -- the Bush Administration. Some Republican executive the world was created on January 20 2009. This is a decision made under the Bush Administration without any congressional involvement to get that solidarity. With no restrictions. One of the problems I would -- We have rules that -- bank is in trouble we have no way to wind down that bank. To put out of business in -- that disruptive to the economy. The battle that law only by the bank. What we needed -- blood level I help people of the federal government to step into weight Lehman Brothers and AIG. -- a Bear Stearns. And not be faced with a choice Eva paying everybody. We're paying nobody could go to both Detroit is now done by the people they -- money to. One can be very destructive went to be very expensive to one think the committee that he chairman he's going to have to do we didn't mean to do this and it will likely give it the BBB political muscle to do it. We need to give people in the year federal. Regulatory area. The power to avoid either letting Lehman go bankrupt and having a great economic negative effect which that happened again during the Bush Administration. Or stepped -- pay everybody. Without particularly AG oh we need to give them away that would affect ticket to the wind it down and make some payments and out of its. And so that the two -- wanted to try to get the money back to be said that we can lead to two make it much less likely that we have this kind of situation happen again."
[5:16]" All right we'll constantly and we thank you for your time we appreciate it."













