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So it's a mistake for someone to think that they bailed New York out. They did assist us, for which we are grateful, but it's a mistake to say we bailed New York out by giving them a grant of money to help those poor people who throw it away on welfare.

We simply can't keep providing money from the federal government in the form of subsidized or actual loans and Pell Grants when we don't have the money.

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

Last year, New York got $200 million. This year, we're going to give them $124 million under this particular program. But last year was an artificially elevated number to make up from the very low grant the year before.

And I have to say, I agree with some of the criticisms that some have made about that state program which allocates the grant money on a very rigid formula all across the country, with a certain percentage to each state.

I did the thing with bonds, which was about 30 million dollars, and didn't get none of the money on them.

When I got a deposit on my very first cake, I took that deposit and I bought some cake mix with it. I've never taken a loan - ever. And we're doing this expansion just like everything we've done in this bakery as we've grown. If we weren't able to afford paying for something cash, we didn't buy it.

The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money.