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| | NOW with Bill Moyers. Transcript. Bill Moyers Interviews Peter Peterson | PBS |
 | | Peterson is chairman of the Federal Reserve Bank of New York as well as of his own investment firm, the Blackstone Group. |
 | | PETER PETERSON: You and I are going to be getting tax cuts, so that my six year old, nine year old, five year old, etcetera, grandchild can pay bigger taxes in the future. |
 | | Peterson, they all understand this." Well, I said, "Why don't they do something about it?" And she says, "Well, the theory is it isn't going to hit on my watch, and why should I take pain for somebody else's gain?" So make no mistake about it, the changes are going to involve giving up something. |
| www.pbs.org /now/transcript/transcript_peterson.html (2240 words) |
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