Bachmann asked for voting against "Cut, Cap & Balance" and the debt ceiling debate. Defends not raising the debt ceiling. Avoids hard question of what would've happened.
Cain said raising the debt ceiling was the easy way out and S&P sent that message. Explained .
Newt said Bernanke and the Fed should be audited. Everything from 07-09 so we know who was bailed out, how much, how high, and who was not. Says Fed is "primary villain" in not having sound monetary policy.
Ron Paul says you can phase out the Fed, needs to be audited, says the Fed causes the business cycle problems.
He is wrong.. There always has been business cycles before the Fed.. It is in the history books..