captioned by the national captioning institute --www.ncicap.org-- >> this is "the journal." >> here are the headlines this hour. extensive fighting across libya. european aerospace giant eds issues a confident forecast. you're in politics, the ash wednesday mixture for the german political parties. we will listen in.

more fighting words from muammar gaddafi. wednesday he said that his people would take up arms if a no-fly zone is imposed. on the ground, state television claims that his forces are seating areas from the rebels in the east and west. our coverage begins in the eastern oil port. >> there has been heavy fighting in eastern libya with rebel forces using rocket launchers and take missiles, all of the artillery that they have to stop the advance of government forces. rebels have little defense against the air strikes. plumes of smoke in the distance mark bombardments. reports that a huge oil facility was the amount of the targets. government troops have claimed advances on several fronts in the east and west of tripoli.

the initial euphoria amongst the rebels appears to have given way to the sobering reality that the regime will not be toppled as easily as those in neighboring countries. >> there appears to be a plot against libya. a determination to take control of libya and steal its oil. then the libyan people will take up arms against them. in the rebel-held switch -- city of benghazi, people took to the streets to demonstrate for intervention. it wanted the international community to impose a no-fly zone over libya. to stop the air strikes against their own people. let's i spoke to the correspondent in the east of the country and asked him how important a no-fly zone would be.

>> fighters and opposition leaders say that it is critical. of course, the airport is gaddafi's greatest asset here. making easy targets for his planes. >> earlier today you were in an area that was under heavy bombardment. describe what you saw. >> a frenzy of activity, relatively inexperienced with no formal training, they had towards this front-line where the main fighting is happening.

in the desert they are attempting to keep forces from the largest oil terminal. just after we left a firefighter -- a jet bombed a fire station nearby. >> what about the gaddafi assertion that foreign powers are behind the rebels. do you get any sense of that? >> i have no sense of that. all that i know is that the opposition leaders i have met adamantly insist that no foreign troops beyond libyan soil. but they are also increasingly calling this not so much a revolution but a civil war. what they're asking for,

intervention from the air. >> thank you very much, tom. now to egypt, authorities in cairo said that cops in question took to the streets. members of the christian minority protests that on wednesday calling for police protection, christians and muslims set aside after they joined the uprising last month. >> weeks ago militants were united in their opposition. demonstrating together on the central square. tuesday violence erupted in cairo when at least 1000 christians gathered to protest the burning of a church.

this placard reads -- we want equality. >> we need lot -- we need laws that punishes anyone who has published a rigid our religion teaches forgiveness. >> there is a large -- long history of tension here. it appears that hopes of reconciliation in the wake of the revolution may have been premature. >> large numbers of protesters took to the streets on wednesday. their numbers swelled after the shooting one day earlier. demonstrators called for a resignation. there were reports of clashes and almost 30 people have died so far in protest.

pitting the administration demanded his removal. in pakistan a suicide bomber has killed at least 37 people attending a funeral in the northwest of the country. a family member of a pro- government tribal leader, the taliban says that they carry out the attack one day after 26 people were killed in a car bombing. that bombing was also claimed by the taliban. 2010 was the deadliest year so far for civilians in afghanistan. a record high. insurgents responsible for three-quarters of the killing, while assassinations of government officials doubled.

the top u.s. and nato commanders in afghanistan said that washington are beginning to reduce force size in the country. steven is here with very good numbers for ejs. >> a pretty big come back with a fleet of good news revealed. the airbus company said that they returned to profit in the fourth quarter last year. forecasting higher revenue for the current year, they said they expected stronger revenue last year. the short-term version is that they have managed to move beyond big problems with several key programs. >> the boss had every reason to looked pleased as he announced full year results. the company posted and the

outlook is good. >> the best way in the future is clearly cash. improved dramatically in 2010. >> the aircraft maker, airbus, demonstrates the lot -- the lion's share. they want to spend more on acquisitions. luckily we are in the situation where airbus is expanding. business is developing nicely while at the same time we see growth possible in other areas. in security, defense electronics, and services. we want to go -- growth through internal investments.

>> executives said that their business strategy would not be affected by a dispute over shareholder structure. the recently announced it wanted to sell their stake in the company. >> they have moved closer to their goal of expanding, in particular spending a lot on defense procurement. liberating them from the risk of currency fluctuations. >> from the manufacturer to the operator, lufthansa is also flying high. after last year's volcanic ash " -- cloud, they have had a game as opposed to the loss in the previous year's. this year over 13,000 flights

per week. the world's second-largest power group has posted a 37% drop in net profits in 2010. one of the reasons the dip is so dramatic is because of the stellar showing in 2009. because of their asset sales. >> they get most of their assets from russia. now the its plot -- the supply exceeds demand. the result is a 1 billion euro loss for the company. >> the energy giant is also facing the new nuclear fuel tax.

>> we have consolidated all of our units. during this time we will lay the groundwork for fully developing strategy in 2013. >> what it means in real terms is restructuring. 50 billion euros over the next two years. this could free market. >> batons the shares have grown in -- lufthansa shares have grown. our correspondent sent us a summary of the day's trading in frankfurt. >> success has been rated on wednesday. the question is now -- how stable is european government that really? -- debt really?

also the credit worthiness of american public that sectors. how broke might the u.s. really be? that makes investors nervous. no wonder, german acts alone are estimated to hold $50 billion of u.s. state and municipal bonds. >> we can stay for a closer look at the market. the 50 index on the euro zone was at three tenths of 1%. across the atlantic, a slight drop in prices. at this hour it is trading pretty much flat. trading at this hour of the value of one u.s. dollar.

the train drivers' union has launched another strike, focusing on freight transport, they are set to continue until 10:00 a.m.. the union is demanding that rail providers provide higher pay guarantees. it remains unclear if and when strike action will affect passenger trains. the world's leading travel expo is opening stores to the public in berlin. accompanied by other dignitaries, including the polish president. poland is the featured country this year, promoting itself as one of the coasts of next year's european soccer championships.

speeches and beer were flowing. >> that is how it works in germany. but important holiday marking the beginning of lent, it is also a day when political parties spared. the most recent scandal is the defense minister who resigned over plagiarism. it got plenty of play. >> the disgraced minister called for the former defense minister to return to the political stage quickly. >> you are one of us, we want to back in german politics. >> at the event in eastern germany, angela merkel came out in defense of the minister,

accusing the opposition party of hypocrisy. >> we do not have to except lessons in decency and honesty in politics. not from the likes of them. >> meanwhile, the main opposition scorned support of gutenberg after the allegations of plagiarism. >> she is in china and complaints about intellectual property? even the most polite chinese have trouble concealing. >> rhetorical lives are often out on ash wednesday. thursday they will return to their more measured debate style. >> space shuttle discovery is officially out of service.

it landed on wednesday, wrapping up its last mission after 20 years. the remaining two shuttles will soon also be shelved. back after one minute.

>> welcome back, everyone. how do attract tourists? especially when your country is in the middle of the revolution? that is what several north africans are talking about. that is what everyone is talking about this week in berlin. do people stay away? local economies face economic ruin it they do. they are offering drastic price reductions to win back customers. we decided to go to the airport and ask vacationers where they are going and why they decided for or against these

destinations. >> to be booked egypt, now we have booked again. >> all of the of people is just a matter of time. i would go there. >> i would not do it. there is not enough of an incentive for me. >> by german colleagues went anyway and they were happy and content, saying that they had never had such a nice holiday. >> i have been to tunisia and

morocco. i do not know if human rights are held in high esteem there. but they are not the worst countries. >> there are so many other activities going on. it is crazy to boycott a place just because of violations. >> i have been to china i cannot say that human rights are respected there. on the other hand, i did not go to south africa until apartheid was ended. >> vacationers, tourists, they can see what is going on in the country. i think that they can have an effect >> i usually go on

holiday in europe. >> the travel advisory to egypt issued by european countries have been lifted. tourism remains skittish in heading towards the land of the pharaohs. egypt has begun to be brand itself as a post-revolutionary vacation destination. some advertisers even offer tourists the opportunity to create a better country by spending money to sustain the economy. it remains to be seen if these campaigns will work. in the meantime the egyptians that depend on tourism suffering. hardship goes beyond people. >> this camel might be in pain,

but it is lucky that is being treated for an abscess. veterinarians brought feet for the animals, many of which have not been getting enough food since the tourists stopped coming. >> that means that people here have no income when they cannot feed their animals. yesterday i saw a woman but 12 children. two horses had died. to camels were purchased on credit. she could not even field -- feed her children. >> dozens of horses and camels have already died. this woman grew up in egypt but now lives in austria. she has come back to work with an animal welfare group. convinced that the recent revolution will be good for the country. >> i have been living abroad for

25 years now. >> since the 25th of january i think they will learn arabic. >> the spirit of the revolution is felt everywhere, especially with students that volunteer their help. >> they came to me on their own. i can picture a lot happening here over the next 10 to 20 years. it is like the political change in bulgaria and romania. no one thought that it was possible but i thought there is a real chance. >> 3000 horses and camels are accommodated. one or two animals. others are one in 40. as a breeder he is not so directly dependent on tourists. each course will get 10 kilos per day, these days he can only

afford seven. the bare minimum. >> we have expenses. today i might have enough but t. and we have a lot of employees. i cannot tell them to leave because we do not have any money at the moment. >> on a normal day, thousands of tourists would be here, visiting these great pyramids. without tourists, local businesses have no income. economists fear of huge losses of revenues because of the current crisis. >> despite that, i think we will be able to recover losses if we can increase the number of tourists coming to egypt. because tourists which egypt

well. and they will be impressed by our young people. >> the revolution in the square has raised hopes that reform is under way in egypt. they hope that it will extend to the tourism industry. under the ousted regime the industry was organized to benefit a small number of people. now many are demanding reforms that will result in fairer distribution of the money brought in by tourists. >> i expect there will be much less corruption in tourism investment. that will have a positive impact on the egyptian economy. and it will attract both domestic and foreign investors. >> those hopes are shared by many of those who have the most

to gain from reforms. people like muhammad asur, who thinks that egypt will become more popular with foreign tourists. >> right now we have no tourists. but everything will be getting better. it does not matter that we have some problems now. when the tourists come back, they will see the difference. life after this transition will be better. >> that optimism is evident in many parts of egypt today. it seems that everyone, from poor laborers to devote prospers feel better that things are coming their way. but that was our in-depth report on tourism in a time of revolution. for all of this year, thank you for the company. -- us here, thank you for the company.



from washington, "the mclaughlin group," the american original. for over two decades, the sharpest if. for such a small word it packs a wallop. if i live to a hundred. if social security isn't enough. if my heart gets broken. if she says yes. we believe if should never hold you back. if should be managed with a plan that builds on what you already have. together we can create a personal safety net, a launching pad, for all those brilliant ifs in the middle of life. you can call on our expertise and get guarantees for the if in life. after all, we're metlife.

its auto insurance customers for over 70 years.e to more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night. week? n bernanke rules. >> the combination of rising household and business

confidence, man tore policy and improving credit conditions seems likely to lead to a recovery in 2011 than we saw last year. >> federal reserve chairman ben bernanke was garneredly optimistic about the current state of the u.s. economy. testifying before the senate banking committee hearing this week, the chairman noted that the real ggdp would increase from 3.5% to 4%. about 1.5% higher than the fed projected three months ago. >> the most recent projections by the federal reserve board members and bank presidents prepared in conjunction with the meeting in late january, are to increase 3 1/2 to 4% in 2011, about one-half percentage point higher than our projections made in november. >> he also added that this fed forecast is broadly consistent

with private forecasters. regarding unemployment, the chairman gave the feds' forecast for the end of 2012. 22 months from now. >> it could be several years before the unemployment rate has returned to a more normal level. indeed, participants generally see the unemployment rate still in the range of 7 1/2 to 8% at the ends of 2012. >> on rising gas prices, fed chairman bernanke's projection grew duller. >> higher gas prices take in chrome out of pockets of consumers and reduces their spending and their confidence, and so it can problem for recovery. >> question is rosie back? who is rosie. >> that would girl around town! here's the thing. friday there was very grad news in the economy. if you take the revised figures from previous months, the any

private sector jobs scored 30,000 jobs were lost, the net begin of private sector jobs is 280,000. that is very good news, unemployment fell below 9. but several clouds sitting over the top. one you up around $104 a barrel second, commodity prices are surging, china is raising interest rates, japan is raising interest rates, european central bank is raising interest rates. and the fed may have to raise interest rates. the third thing that's a problem of the economy is, the stimulus is dying out. and if inflation appears fed reserve chairman bernanke will have to end this easing which is hosing 100 billion dollars in cash into the economy every weren't and the possibility of irish defaulting some there are clouds over looks like a recovery. >> very good at finding all those clouds!

it was very good news for the economy, with job creation just under 200,000 in the private sector. and if that kind of row bustness can continue, looking at an unemployment rate that may drop a little below 8 by 2012 is very good news for the american and also good for the president's re-election prospects. but i'll find one crowl of my own and that is something else that mr. bernanke said that you didn't include, and that is if the republicans proceed with the kind of cuts that they're talking about, that that could dampen the recovery. he said by a couple hundred thousand jobs, and mark standee, an economist who advised john mccain in the 2008 presidential campaign, said it could be as much as 700,000 jobs in 2012. so i think the message here is to be cautious about cutting spending because government

revenue is still needed to boost the kind of recovery we're gig to see come alive. >> the jobs picture we got on friday is encouraging. it's an encouraging report. unemployment is still very, very high but there's another pillar to all of this that is all interrelated, but something that we haven't talked about yet, which is housing. and the housing market when it's very weak, housing prices continue to fall. so when you adds that with okay, the private sector is starting to get some juice backing starting to rehire people but you have a housing market that is soft and prices still falling, you have inflation that is now come into play and we 73 in food, energy, gas prices. just try to fill up your car, that's taking discretionary income out of the pockets of americans. and also there's something else, this massive government intervention in the economy that we have seen over the last two years in the form of stimulus, in the terms -- form of new regulations, in the form of obama care, is forming a huge overhang over the economy, over the private sector.

, as well as the huge debt over the last couple years which the government. $5trillion over the last two to four years. that debt overhang is also enormously suppressive on the private sector and on the economy. >> are we in a recovery? >> we are in a recovery, but the question is, is it going to be the kind of recovery we saw on the last month's job picture, which is an accelerating recovery or more midding recovery because of other weights on the economy? >> hold on, bill. y friday the department of ra to 8.9% this months for february, january to february. now we're in march. that's the lowest unemployment rate since 2009, 22 months ago. the economy in february gained 192,000 jobs, that's 130,000

more jobs than january. that would seem to be a pretty strong indicator that this economy is in recovery. could it get off track? >> sure it could gets off track. but the other point about is this is the 13th month in a row that there has been positive job growth. it's been -- started out slow like 20,000, 30 thank you. but now when you get up close to 200,000, that is incredibly robust in terms of job growth. if if keeps at that pace, that unemployment rate will be far below what bernanke predicted. but i want to go become to what monica said. look, we're in a recovery. it's a slow recovery. we would not be where we are today if not for the tarp, for the auto bailout, not nor the stimulus or the obama health care legislation. they pump the money out. they pumped the jobs out. they kept the factories alive and brought us back. >> what do you think of this, even if the economy added 192,000 jobs every month, as we're getting to report this month, it would take three years to recover the 7.5

million jobs lost since december 2007. nor would we create enough jobs for new entrances to the workforce. we needs in excess of 200,000 jobs monthly for strong recover. >> the key is this is a very good job report. and they've revised the figures upward by 50 some thousand. but the point, 200,000 private sector jobs is terrific. this country is growing very rapidly, people are entering the labor force, you not only need the same number of jobs you had a few years ago you need even more to get to 5% unemployment. >> now in jobs are going to begin to spend, correct? >> yes. >> and that spend something really going to be -- >> to monica's point, people aren't buying on their houses now, they can't do it anymore. they used to go out and spend -- spend more than they earned. >> that money it gone. >> it's gone.

>> but if you want to create -- >> hold on. >> you have to create about 200 to 250,000 jobs a month just to absorb the new people come into the employment force. remember, during the reagan recovery, we were generating 500,000 jobs a month. we're nowhere near that now. >> it's 100,000 a month to keep. with population. anything above that cuts into unemployment. but i want to go back to my original point. what they're looking at on capitol hill, this is not the time to cut the kind of programs that invest in the future that will create the jobs. education, infrastructure, research and development. >> we are of one-tenth of 1% into not the 4 billion. that's nothing. that's basically earmarks. that's smoke. talking about going forward. you doesn't want to choke off the economy. >> you can be sure that bernanke studied the exact language of what he had to say.

very precise in what he says. and he backs up and fills and so forth. do you think this was right on the mark what he said, measured, it wasn't not too much? >> i think he's right on the mark, john. i think it was measured and i think he is accurate. but when he says 3 1/2 -- he realizes that all this money, he has poured into the economy and flush out there, is what is responsible for it. is a solid recovery with that money starts to come? [everyone talking at once] >> private sector is taking over. >> consumers getting hit with rising food costs, rising gas costs, and rising closing costs. everything is rising, except job openings. when will this recovery finally feel like a recovery? name the month and name the year. when it will feel like a recovery. >> i think by may or june of this year, if you get three more months behalf we're doing, john. but those numbers you point

out, inflation is rising. if the fed has to start raising interest rates, this stock market, anything could flip right away. >> i do think the recovery will look significant -- job growth is really going to start picking up in may. but, you've got a decade where the wages of working people have been basically flat and losing ground. we've had a huge income transfer from the middle of the country to the upper top. and you're going to reverse that in 12 months. >> you think obama spent too much? >> no. he didn't spend enough! [everyone talking at once] >> liquidization has prepared -- stopped it and not backing it up. >> prevented a -- [everyone talking at once] depression. >> look, you had a two-party grassroots movement. you had a republican near sweep last november. on very question of how much obama has spent. way too much!

while the annual deficits which is 1.4 to $1.65 trillion annually since he got into office and nearly 14 trillion- dollar national debt and like to see more government spending, we were promised with the stimulus and with all this government spending and intervention that unemployment was dated 8%. it sailed over 10%. >> m [everyone talking at once] >> the trouble asset relief program, the wall street bailout if you will, which was -- 700 billion. and it was a george bush plan. he put the first half out. barack obama put the second half our out. then the auto bailout. it was a george bush program, continued by barack obama. if he had not continued those problems, we would still be in the toilet today. >> the auto industry is stronger than it ever has. >> yes, it is. [everyone talking at once]

>> i know that! >> general motors now has a nice fat share of the market in china. and it has recovered and millions of jobs [everyone talking at once] >> making their cause in mexico and china. >> they're making them here. >> selling in china. they're selling them in china. >> and we got our money back! with interest. >> huge trade deficit in autos and trucks, of over $100 billion a year, because we send our factories abroad with our cars. >> bailouts -- [everyone talking at once] >> the answer is obama has to worry about issue two, joint we're also deepening our cooperation against the drug cartels that threaten both our peoples in. in cause, mexico has a full partner with the united states. >> i would like to thank president obama for the clarity

with which he speaks and the effects that that the consumption of drugs has in this countries and i am grateful for the clarity with which president obama has recognized the sacrifices that the mexican society has had to make in view of organiganized c and our fight of drug trafficking. >> felipe called rhone the president of mexico met with president obama on thursday to discuss many problems that the two nations share. the u.s. and mexico are separated by a boundary that runs from the pacific ocean to the gulf of mexico. the nation's territories are clearly separated by border. but some problems of each nation are the same. problem one, mexican unemployment. for the u.s., mexican unemployment creates illegal immigration. officially, mexico's unemployment is 5.6%. but the c.i.a.

estimates mexico's true unemployment could be as high as 25%. high mexican birthrates result in more people entering the workforce than mexico's job creation can cope with. the resulting joblessness propels economic migrants to go north across the u.s.-mexico border illegally. problem two, u.s. war on drugs seized mexico's drug cartels. in 2010, 12,000 mexicans died as a result of drug barons feuding over who controls the very lucrative smuggling markets through the north. by the u.s. keeping marijuana a recreational drug illegal, the u.s. war on drugs creates and enlarges black markets in the u.s. and mexico. since the u.s. demand for mexican marijuana is huge, that means massive proffers for the cartels. problem three, drug cartels

cross the border. cartels like this one, the federation, cartel pacific coast, and la familia have their bases in mexico but roots across the border and through migrants and cities as far north as st. paul minneapolis, minnesota. for every bundle of drugs that go north, bun, of cash go south to it takes networks to fuel the huge demand. so mexico is organized crime gangs touch practically every community in america. question, if marijuana were legalized in the u.s., what impact would that have on the u.s.-mexican relationship? you get that, monica. >> i got. that with some states have legalized the use of medicinal marijuana but in this country you'll knit ever go the legalization in any kind of national sense. it's not going to happen. and it's not just marijuana that the drug traffickers are bringing across the border.

it's heroin. it's cocaine. it's the whole range of drugs. what is going on on the border? there are three war. there's the war between the drug cartels, there's the war between the mexican government and the cartels, and then there's the war against the mexican citizens and individuals by the criminals and by the cartels. united states is trying to help mexico, but our agents crossing the border are not allowed to be armed, putting us as a huge disadvantage and the murder of that ice agent two weeks ago was a game changer. it changed the dynamic of our interests, not only our economic interests but national security interests on that border and it will give rise to -- a movement for greater national guards on the border. >> on the marijuana question, i any if marijuana were legalized there would be a lot happier people on this side of the border and other side. >> smiling all the time and not -- that's not enough. i think we have to move towards legalization. >> you think it ought to be legal? >> absolutely. >> it would really change the

dynamics with mexico and the car else. >> absolutely. >> there would be worse crimes committed by the cartels, like kidnapping and so forth, to get their revenue. >> no, i don't think so. you legalize it and you police it and you enforce it just like for other legal products. i want to tell you is else on the bother derek the most serious problem of all i believe, is that we're running guns into mexico, 80 to 90% of the guns used by the drug cartels to shoot law enforcement officers and american citizens, ice agents were, bought in the united states! >> our government statistics. >> i heard obama say -- >> hold on, holds on! >> i heard president obama say, i was there, we're doing everything we can to stop the flow of guns. but obviously we're not. and second problem something, in the republican cuts to the budget, they cut in the house 2,000 border agents from the border. part of the program! >> john -- >> let her in. >> i've been wait sog so long!

it's a game changer bus our agent was killed. if it's a game changer, the mexican president didn't learn about it neither did the president because they both said that american agents will continue to be unarmed. if we start sending armed people into mexico, that changes the whole terms of engagement and i don't think we want another war on what a war on our border. >> the war is already there are. >> it's internal. [everyone talking at once] >> on the border. >> i don't think america wants to get engaged in a hot war inside of mexico. [everyone talking at once] we are supplying all the guns -- >> in the closing comment, where is the united nations on in. >> nowhere. this is america-mexico problem. the greatest threat to the united states today, john, son the mexican border. there's a war going on down there. it is not on the korean border with 28,000 troops, it's not in afghanistan, it's no not in iraq. they kill almost 50,000 in this drug car -- excuse me, 35,000

people, and the last for our five years, and that's coming to the united states. [everyone talking at once] >> they're killing people with u.s. guns and they're killing them over drugs issue three, libya's revolt. violence this week continues between libyan anti-government reb pells libyan government forces reds by head of state cool in her moammar gaddafi. during the joint press conference with mexican president calderone, president obama was asked about the conflict in libya. >> so let me just be very unambiguous about this -- colonel give gaddafi needs to leave. >> that was thursday. the president will said to be weighing the pros and cons of a no-fly zone over libya.

a no-fly zone would present gaddafi from using aircraft to fire on anti-government rebels and from flying outside mercenaries, that is hired fighters, into libya. >> with respect to our willingness to engage militarily, what i've instructed the department of defense as well as our state department and all those who are involved in international affairs to examine is a full range of options. i don't want us hamstrung. >> the department of defense, however, has made it clear that a no-fly zones is a decisive military intervention at a minimum requiring the destruction of libyan military hardware on libyan soil. >> let's just call a spade a spade. a no-fly zone begins with an attack on libya. to destroy the air defenses. that's the way you do a no-fly zone.

and then you can -- then you can fly planes around the country and not worry about our guys being shot down. but that's the way it starts. but it also requires more airplanes than you would an attack on libya could harm or even kill libyan civilians. this would be exactly what president obama says he does not want to happen. question, what has the u.n. done to stop gaddafi from using violence against -- his people? i asked this question of pat. you know, he can't even entertain the u.n. >> well, very little. they've done very little. the sanctions. but we can see that has not slowed gaddafi down. but i think we ought to pay attention to what robert gates is saying. a lot of loose talk about a no- fly zone, signs an act of war and means we go in for third war on top of iraq and afghanistan ic shoot down any of their planes that fly over

that country. if we do that, we're going to do it -- we have hell of a lot better not do it by showers into we have to degrade their anti-aircraft defenses, when we do that we'll kill civilians. when we do this, this will become a huge conflict. huge! >> most of the oil that is generated in the country goes to the europeans. where are the europeans in this? are they standing back waiting for us to take this mess and try to clean it up with give? >> of course they with. because they always do. but also if this becomes a u.s. led attack on gaddafi, then -- is this primarily a european problem? >> it's a world problem. >> is it primarily european? >> it's everybody's problem. i agree. but i think the europeans should be -- >> then why are we doing the heavy lifting? >> because nobody else can do it? >> what do you mean by that?

[everyone talking at once] >> i want to speak, please. if -- we're not doing the heaviest heavy lifting, no one is doing the heavy lifting. and if we do it, we do it in the company of nato. and that may yet unfold, depending what happens in libya. right now we're standing by and watching bloodshed and it hasn't reached the level we freely -- >> the brits have been very cozy with gaddafi. you know. that. >> cameron -- cameron has and blair has and now cameron -- [everyone talking at once] >> now they've backed off, john, because what you're talking about is a war on libya that would kill libyans and get maybe some foreigners killed, then the united states is got to go in and win the war because you can't -- let them beat us. >> why doesn't the united states deal with gaddafi directly? >> i think behind the scenes -- >> why don't we talk to him? why don't we even prediction, pat? >> the new irish government

will burn the bondholders, it will move towards a default on its debt rather than maintain austerity. >> eleanor? >> efforts to defund planned parenthood will fail and will rally women against the new republican budget cutters. >> monica? >> the spike in oil prices will have a direct effect on the already weak housing market because it will affect home foreclosures and you'll see an increase there as well. >> newt gingrich the first republican in the race will be the first one to drop tout because he has so much baggage that it will never get off the ground, absolutely sink. fast. fast. >> i somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions.

and the over 60,000 people of siemens are ready to do it again. siemens. answers. its auto insurance customers for over 70 years.e to more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.