not paying attention to the Congress . These Congress people are all at home in their home districts , nearly every one of them and they 're hearing an earful . The American people do n't want to hear this nonsense about $ 700 billion to bail out financial institutions . Frankly , Kiran , they do n't need it . Economist after economist , with whom I 've spoken , CEOs , they acknowledge that there are far better ways to deal with the issues confronting our financial system than this bailout . And it 's absolutely obscenely irresponsible of House Speaker -LSB- Nancy -RSB- Pelosi , Treasury Secretary -LSB- Henry -RSB- Paulson , President Bush , Sen. Harry Reid , the leader of the Senate ; for these people to be clucking about like hysterical -- so hysterically . It really must stop . And to hear there -- go ahead . Chetry : I was just going to ask you -- Dobbs : Go ahead . Chetry : You say that there 's other ways around this . One of the things that everyone keeps talking about is the fact that credit markets are frozen and there
NEW YORK -LRB- CNN -RRB- -- CNN 's Lou Dobbs is no fan of the $ 700 billion bailout plan that went down to defeat in the U.S. House of Representatives on Monday . He spoke with Kiran Chetry of CNN 's `` American Morning '' on Tuesday about how he thinks there are better ways to solve the financial problems plaguing the U.S. economy . Lou Dobbs : Americans `` do n't want to hear this nonsense about $ 700 billion to bail out financial institutions . '' Kiran Chetry , CNN anchor : CNN 's Lou Dobbs joins us this morning from Suffolk , New Jersey . You expressed delight I guess you could say , at the fact that it did go down yesterday in defeat . We saw the largest point-drop on Wall Street ever . What happens now ? Lou Dobbs , CNN host of `` Lou Dobbs Tonight '' : Well , what happens now is that it sounds like the same fools who brought you this effort are going to try again . Henry Paulson saying he 's going to come right back , suggests he 's not learning . And he 's