House Proceeding on Jul 24th, 2008 :: 0:01:31 to 0:04:26
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the economy followed by contraction and the contraction is just as important as the expansion. but when you stave off the contraction by playing with targeting interest rates and just increasing the

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Michael R. Turner: money supply, then you don't have the necessary contraction that is important so you don't have bubbles. the bubble was created intentionally and it is ruining the middle classes. it is wiping

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Speech By: Michael R. Turner

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Michael R. Turner: out the wealth in our country. the politicians are just laugh dogs for the international banks. host: brooklyn, independent caller. caller: good morning. i want to say good morning to america

0:01:59 to 0:02:12( Edit History Discussion )

Michael R. Turner: and the rest of the world. it is a reality check for everybody that listens to c-span. we all do them all. the bottom line is barack obama has put on a display that we all should be proud of

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Michael R. Turner: if we took the time to investigate and learn. we will all know the reality. the reality is the world seeses as we are. he is on display to the world drawing millions to listen to what he has

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Michael R. Turner: to say. if anybody is about living a good life, productive, positive life and is mindful of the perceptions that the world has on this country, maybe barack obama is the answer to all of those doubts

0:02:36 to 0:02:47( Edit History Discussion )

Michael R. Turner: and questions and as far as us being in trouble if this man is elected president, it is not just about him. it is about you, me and us and we. so get off the bias attitudes, learn about the

0:02:47 to 0:03:00( Edit History Discussion )

Michael R. Turner: man, and to the gentleman that made the statement that he couldn't put two words together, have a nice day. host: u.s. house coming in in they or four minutes pick up a deal dealing with the strategic

0:03:00 to 0:03:14( Edit History Discussion )

Michael R. Turner: petroleum reserve trying to look move forward on that. a couple of economics headlines to tell you about. "new york times" business day they say ford motor company the road ahead is full of are

0:03:14 to 0:03:28( Edit History Discussion )

Michael R. Turner: cars and profit information from both costco and amazonment costco's profit squeezed by jumps it costs, can't raise shelf prices fast enough. this is marketplace in the "wall street journal". their

0:03:28 to 0:03:44( Edit History Discussion )

Michael R. Turner: headline amazon's net doubles on strong sales. next is alpena, michigan on the independent's line. caller: i'm just calling about the comments they make about how old mccain is. look who put obama

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Michael R. Turner: in there. kennedy, pelosi, kerry, carter. they are nothing but -- they are old foegys themselves that are supporting him. anyone that needs 300 advisors to go along with him, can't obama think

0:03:56 to 0:04:11( Edit History Discussion )

Michael R. Turner: for himself if he needs to take -- when mccain went he just went himself with his party. he didn't need that many people. the way he is spending, obama, is spending with that big plane, everybody's

0:04:11 to 0:04:26( Edit History Discussion )

Michael R. Turner: money, the contributors that are supporting him, just think if he would get into office how he would spend all the wealthy taxpayers' moan for them. no, we have always been democrats but this democratic

0:04:26 to 0:04:38( Edit History Discussion )

Steny H. Hoyer: party has turned us to vote for mccain. thank you. host: a macon, georgia, is next. a couple more minutes. caller: i'm a democrat and i voted for hillary but i can't support obama because he don't

0:04:26 to 0:08:29( Edit History Discussion )
Speech By: Steny H. Hoyer