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used to be required to work to be on the program. the obama administration eliminated that. they've changed the rules and that has allowed many, many people in. a big example i'd like to look at is unmarried people. for some strange reason, unmarried people have fallen much farther below unemployment than married people. they have a lot better access to these programs. >> have the work requirements been removed, casey? is that a problem? the work requirements? is it too easy to go on safety net programs? >> that would be one of a dozen things that has happened. that's one of the factors. >> may i respectfully interject here? i don't know what professor mulligan is talking about. there's still three people looking for every job opening. when you have three people looking for every job opening you want to have safety nets there for people. it's not only fogood for the people but puts money in their pockets to buy things and keeps other people employed. this is economics 101. >> now there are millions of people who can make just as much by not working. that's a bad situation. >> i w
cash to get right now? this is why it's so important. the obama administration said the following, obama for america -- let's go to the bank of america statement first. bank of america, we don't discuss client details but this loan has been disclosed as required by federal election commission rules and it is a standard commercial loan at a market competitive rate. that's what they say. i cannot prove that, carl, that it is market competitive rates. obama for america issued the following statement in regards to this loan. the loan was reported in mid-october in our fec chris closure and was covered by the press. it is a line of credit established by the campaign to ensure cash flow flexibility. we have not drawn on it. now, in addition to the obama campaign, mitt romney borrowed some money. he didn't go to the bank of america. went to the bank of georgetown, and he took out a loan of $20 million, the rate even more attractive, 0.045%. that was a loan taken out august 22nd, payable in 2013. there are some differences here because, again, bank of america, a public bank showned by the
Search Results 0 to 3 of about 4