I want to see more refinancing of mortgages. There are a lot of people who may be underwater in their mortgages, but they've never missed a payment. Fannie Mae and Freddie Mac have the ability, because they own about eight million mortgages, to help that happen. I want to see repatriation. That's a function of having the a lot of companies who have foreign... Bring jobs back into the country. Sen. BOXER: Yeah, bring the money back. They have foreign sales. They haven't shipped jobs overseas, but they have foreign sales and the money is sitting there, a billion dollars. And I want to definitely, definitely extend the tax cuts to the middle class, not to millionaires and billionaires and companies who ship jobs overseas. So that's... Senator, a quick question from Ken, if you will, and then we got a caller on the line. Sen. BOXER: Sure.
Senator, quick question. I read the L.A. Times endorsement of you, and it was just going on and on about your record, about your voting record and how they, the editorial board agrees that your voting record is right for California. But it also said, and this is a quote, it said that you have an assertiveness that is often perceived as arrogance. It talks about the fact that you have a strident voice. That seems to be the argument I've heard against your candidacy, even from Democrats who normally would be very enthusiastic about you. What do you say about that?
Then we have to ship them back over here, and then we put them back together so we can sell them. The only way we can be competitive here in California and not have to move our business out of the state, like a lot of other people have or entirely ship it overseas, is by doing that. And that's because of the onerous regulations that have been passed. And I want to find out: Do you understand that those regulations, that those jobs that we have to ship overseas are not million-dollar businesses? I have a very, very small, under-one-million-a-year operation, but I employ 10 people. I provide all their medical coverage. I give them vacation times. I am a good employer. I'm a small-business owner, and the taxes are killing us. And we're doing everything we can. We've financed or refinanced our house and put all the money back in our business. And you keep referring to us as some sort of millionaires, and vintage bulb. We're just small businesses trying to stay afloat. And yes, we have to use China labor and China manufacturing because everything here, the worker's comp, the EPA and everything has just been overwhelming to us.