also, the closing bell beginning to close the book on the auto bailout. the government's tough love for gm seemed of the worked, at least comparatively. too bad we didn't do itfor the banks. president obama talking about gm live in just a few minutes and the show starts right now. up first, the elephant in the room as the republicans, the new party in power, officially presenting their leadership team within the last hour. >> this is not about us. it's about the american people. we're going to focus on creating jobs, cutting spending and reforming the way congress does its business. >> but they may be ignoring the elephant in the room. we cannot cut our way out of the hole this country is in. education, energy, one of the most energy efficient systems in the world. sounds like an opportunity to create work and investment.

no? we've got to build our way out if we're going to get out of this hole and joining us first with his thoughts on how to do it, outgoing chair, mike pence of indiana. nice of the you back. what is your, again, understanding the power of the congress and politics in this country, how can you use the newfound power that you've accumulated to incentivize, create, that builds those jobs as opposed to just sort of cutting, but we know cutting's not going to fix our problems. >> look, i couldn't agree with you more. we've got to put our fiscal house in order in washington, d.c. we've got to end the era of boar reing no deficits and debt and bailouts, but as margaret thatcher said, she said restraint alone will not be sufficient to restore her

country. she said it will take incentive. we must restore incentive to our economy and that's what we need to get this economy growing. today, senator jim demint and i offered legislation to make all the current tax rates permanent, but going forward, i understand we have to get serious about the kind of tax reform, the kind of regulatory reform, expansion of trades, sound monetary policy, to all the things that have been the foundation of boundless american growth. >> if you were to look at least the appearance and in my opinion, the fact, it's my opinion, that the government works too much on behalf of status quo industries that are threatened by the very innovation we need. that the structure of our government and our industry right now is such that the innovative threat that's presented by new ideas in health care delivery systems, new ideas in energy efficiency, is a threat to a lot of the industries that fund the

politicians in this country, which puts the whole country in a bit of a pickle. >> you know, i think that may have always been true of washington, d.c. over the last century or so, that you've always got what hater called the essential force of creative destruction in the economy and it's the political class that's always coming in to interrupt that. you know, i stipulate to that. we have got to create an environment that allows the small business sector, the entreprene entrepreneur, to take the capital on the sidelines now and put that into the economy. i think that's going require certainty. it's going to require us to embrace some regulatory reform, be aggressive about expanding free trade and i think this business of monetary policy is central to it. you're the guy with the background in high finance, dylan. not me. i'm not an economist. but i know that printing money is no substitute for sound,

fiscal policy and this qe2 business is a great argument for getting the federal reserve out of the full employment business and back to its core goal of price stability and protecting the dollar. >> it's an interesting problem right? because whether you print the money at the fed, release the money through tax cuts, generate insentive for profitç or free trade but it's not really free because china doesn't play fair. if you talk jim owens of caterpillar, he's got a tariff. where ever you create the money, that's only the beginning. once you've got the money whether you're a rich person with a tax cut or somebody who had some money printing, what am

i going to do with it. am i going do the hard work and take the risk of investing with some kids or whoever it is to deal with an innovative concept. >> i think that's pretty fresh thinking. it's my hope thas republicans g forward and you know, you said earlier that republicans got power in the 112th congress. i think the folks that grabbed the power were the american people. i don't see the election on november 2nd as so much a victory for any political party. it was a victory for the american people to grab back the reigns in washington, d.c. and said, we can do better. as we go forward, i think what the american people will be asking is how do we create a environment in the united states that can compete with china, with india. i'm going to run up to the detroit economic club in a few weeks and have a lot to say about that.

we need of the a national debate in this upcoming congress, in this election at every level, that begins to look at our real collection. not between 2011 and democrats. it's between the american economy, jobs in america, jobs overseas and keeping capital here so we can put americans to work. >> you know you're talking my language. is there anything policy wise that doesn't go to again, oh, we'll print the money. tax cut the money. i don't care where you get the money from, like i said, as long as the incentive, once i got money is to leave the country with it. have you seen anything policy wise that has been attractive that you think might either derig the china trade, currency, et cetera, et cetera, or other policy ideas that lead to the investment you and i agreeç is necessary. >> i really do. if i tell you now, no one will show up to my speech in detroit, so i don't want to blow it, but i do believe there are some very

serious tax reform proposals that would put the american entrepreneur, the american job seeker, on a better and more equal footing to our foreign competitors. i'm not talking about protectionist policies. i'm talking about establishing policies here at home that get us, get america back in the game and make capital formation and jobs and job creation attractive here again. >> and there's a big difference between protectionism and protecting yourself from somebody else who's rigging the game. >> that's right. i think lincoln said something, we don't help the weak by weakening the strong. we've just got to make the american economy stronger. it's great to stee economies of the world growing because with economic government comes politicalization. we've got to get this economy back on its feet. there's some time honored ways to do that. >> what's your plan for the

presidency? >> we've been very humbled. in recent weeks, by the encouragement we've received. my little family and i are just going to take the next couple of months and do a little praying and we'll make a decision after the first of the year. >> thanks for engaging the conversation. coming up, president obama comments on today's big ipo from gm. live coverage just moments away. plus, a disappointing outcome in a key terror trial. will the verdict keep gitmo open? and finally some

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we're waiting on the president. he'll speak about gm's return to the new york stock exchange. on the road to recovery two years after it was bailed out by the federal government and not just bailed out, but restructured. it is now public again. president obama making a statement on that offering today, which could become the largest in american history. we'll bring you the president's comments when he comes to the cameras and i hope you'll stay tuned for my thoughts. in the meantime, trial and

error, the outcome of the first gitmo detainee, raising questions about the government's ability to prosecutor cute suspects. found guilty of one of the 285 charges gens him. he still faces up to life in prison, but republican lawmakers say it's proof we need military, not civilian trials. >> all the proof we need that the administration's approach to prosecuting terrorists have been misguided and potentially security.s a matter of national- >> here to mix it up, ari and a new face, will kane. he hosts "off the page," a show on the web. you want me to do the honors, what do you think about the news of the day on terror? >> it's not a complete failure. the department of justice is

going to put this guy away, but for the obama administration, you have to say this is a big failure. they want to use this case to show that the courts could handle the trial just as well as the military commission. after getting acquitted, that's a failure. >> doesn't that go to the torture issue? in other words, the reason this happened was because apparently, there was torture relative to the testimony. pause on that thought because the president's out on gm. >> one of the toughest tales of the recession took another big step towards becoming a success story. general motors relaunched itself as a public company cutting the government's stake by nearly half. american taxpayers are now positioned to recover more than my administration invested in gm. that's a very good thing. last year, we told gm's management and workers that if they made the tough decisions

necessary to make themselves more competitive in the 21st century, decisions requiring real leadership, fresh thinking and also some share ed sacrific then we would stand by them and because they did, the american auto industry, an industry that's been a proud symbol of america's manufacturing for a century, an industry that helped to build our middle class, is once again on the rise. our automakers are in the midst of their strongest job growth in a decade. the industry has created more than 75,000 new jobs. for the first time in six years, ford, gm and chrysler are all operating at a profit. in fact, last week, gm announced its best quarter in over 11 years. and most importantly, american workers are back at theç assemy line manufacturing the high quality, fuel efficient, american made cars of tomorrow

capable of going toe to toe with any other manufacturer in the world. just two years ago, this seemed impossible. in fact, there were plenty of doubters and nay sayers who said it couldn't be done, who were prepared to throw in the towel and read the american auto industry last rights. independent estimates suggested had we taken that step, had we given up, we would have lost more than 1 million jobs across all 50 states. it would have also resulted in economic chaos, devastating communities and cost the government tens of billions of dollars in the social safety net benefits and lost revenue. that wasn't an acceptable option to throw up our hands and quit. that's not what we do. as a country of optimistic and determined people who don't give up when times are tough. we do what's necessary to move forward. so, these last two years haven't

been easy on anybody. they haven't been without pain or sacrifice as the tough restructuring of gm reminds us and we've still got a lot of work to do to rebuild this economy, put people back to work, make america more come pettive and security the american dream for our children and grandchildren, but we are going to see these tough decisions that we made in the middist of crisis pay off. and i'm absolutely confident we're going to keep making progress. i believe we're going to get through this tougher and stronger than we were before. because just as i had faith in the ability of our auto workers to persevere and succeed, i have faith in the american people's ability to succeed and i have faith that america's best days and america's manufacturing best days are still ahead of us. finally, i just want to

embarrass a couple of people. ron bloom and brian deets are key members of the team that helped to engineer this rescue of gm and chrysler. so it had notç been for these o gentlemen, a whole lot of people would be out of work right now. i figured -- you can see they're all looking sheepish. point them out to you. thank you very much, efrk. >> all right. quick thoughts here. >> i'm afraid that people used the reemergence of gm to justify the bailout. the issue is that the central tenant of capitalism was broken. >> at least in gm, they bankrupted the company, wiped out the shareholders, wiped out the bondholders and actually exacted a penalty for the failure of that company, which you have to say is more than

they did with any of the others. >> at least. >> that's what i've been left with, okay? your thoughts on the gm routine. >> what i like about gm, they make things, they sell the things, you can touch the things and you can resale the things. that's a lot more than you can say about others. >> do you know why gm needed a bailout? >> they weren't making enough money off the things. >> both wrong. the incentive to take your business and become a lender, a car lender and home lender, was such easy money at gmac, that why would you bother trying to figure out how to make a car when you can get stinking rich beyond all comp hex he thinks running a lehning business and when you blow up, everybody's like, oh, the cars. no, not the cars. you had a car company that got into a financial scheme based on home lending and cars.

speaking of scheme, charlie rangel being punished. the new congressman forced to it is and absorb a tongue lashing, oh goodness, today from the ethics committee. >> for the discredit mr. rangel has brought to this house -- >> his kaukt failed to meet the standards. >> the arrogance of the response cht. >> public office is a public trust. respondent violated that trust. >> chief council recommendingç censure for rangel after he was found guilty of 11 different counts of misconduct. rangel insisting he's not corrupt. >> you could put in that report no matter what you agree the sanction to be that your member was not corrupt and did not seek and did not gain anything personally for the bad conduct that i've had. >> with the power to manipulate

multitrillion dollar policies, allocate money where you choose and with punishment for corruption over that power like a tong lashing, if you do it, that's a pretty good penalty. that should be a good disincentive for corruption. >> absolutely. the thing about censure is, it only works if the person has some honor. aren't we beyond debate at this point? >> at least when it comes to the congress. are will and i too cynical to watch this censure and feel a little sick to our stomachs? >> no, i think the problem is we're asking congress to police itself. that doesn't work well. if you look at the corruption system, when it did work, people went to jail and the prosecution department. >> is this evidence that the department of justice continues to be more and more useless? >> we don't know that.criticism

holder. a bunch of the residential stuff is new york jurisdiction. he's on his way out. but the bottom line with rangel is he should take responsibility for his actions. the reports we've seen publicly suggest he's done wrong and it's not enough to be chewed out! the bottom line is it's hard to take this seriously. it's hard to put room for outrage. this is a guy who's excused himself 30 minutes into his hearing. i've had enough today, boys. there's a point where you come -- >> blagojevich is playing the same card. are you thinking reality show? >> i think the future is wide open. >> youç see his different home. >> again, is system rewards the behavior. when you look at politicians who come in, do you guys believe that staying there rewards your

worst behavior. >> dylan, that is the bigger picture. we've got a new congress, the tea party. you need a plan that has campaign finance reform. >> a process reform to break the corrupting influence and you get this other stuff out of there. the stuff where members are allowed to funnel donations to things named after them. >> where toyota calls up and says we'll name the building in kentucky after you. >> you ban that and there's not a single american to complain. >> if you narrow your focus of outrage on rangel, you're too tight. >> nice to see you guys. thank you. thanks for bringing your friend. >> are we friends now? >> yeah, i'll bring you anywhere. >> back now for a moment to general motors. we just referenced this. the closing bell on wall street. moments ago for that historic automaker which will trade once again as a public company. you just heard from the

president on this. gm's bankruptcy two years ago revealed something important about what the car maker had become instead of focusing on making good cars that americans would be compelled to buy, gm put its efforts into home and auto lending because it was exquiz it profitable. but our friend makes great points on why gm dealt with the bailout better than others. uncle sam didn't just pump money into these companies and cover up their structural problems. they rightfully bankrupted general motors, restructured it, created a turn around plan and firing the management that screwed it up.ç

think of this in stark contrast to the ongoing to this day bank bailouts where trillions are thrown at the banks without any idea about how much debt is on the books, no accounting standards. no audits and no transparency. the banks allowed to borrow from the federal reserve at zero interest and then turn around and lend it back to the government at 3% as a more politically palatable way to bile them out because the t.a.r.p. vote nearly brought the house down, so now, they just do it through the back door. but most importantly, we gave the keys to the castle for the financial system to the very same people that destroyed it. they built a system that neither lends nor invests in our country. tell me this. how are we to build our way out of the hole that this country is

in with the same flawed management still in place, the same bad practices still being carried out and the same leverage that only too big to fail can offer. how many jobs need to be lost in this country? how inefficient must our health care, energy and education systems become until someone, anyone in washington, musters the political courage to turn on their campaign backers in order to turn in favor of the innovation and entrepreneurship that must be released in order to favor america. [ male announcer ] this is steven, a busy man. his day starts with his arthritis pain. that's breakfast with two pills. the morning is over, it's time for two more pills. the day marches on, back to more pills. and when he's finally home... but hang on; just two aleve can keep arthritis pain away all day with fewer pills than tylenol. this is steven, who chose aleve and 2 pills for a day free of pain.

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in case you missed it wednesday, we want to give you an encore presentation for a trailer sure to be an oscar contender. take a look.

from the team that brought you the midterm massacre and false reform to wall street and health care, it's minority report starring nancy pelosi, steny hoyer and jim clyburn. if you loved how they caved into the republicans before, wait until they really don't have any power. pelosi versus boehner. pelosi versus the tea party. pelosi versus reality. >> i believe that we will win. >> nothing says new like the same old faces. democrats -- just like 2010 except one year later. >> i enjoyed that. you can watch the trailer again, leave comments by going to our website. also, check out our thoughts on why we should be building not cutting to get our economy and government back on track. we're back here, much more

cotom. up next, playing inspector gadget. how the hottest high-tech toys could reshape the market this holiday season. we're breaking it down, next. i couldn't conceive this as a heart attack.

the doctor leaned over and said to me, "you just beat the widow-maker."

i was put on an aspirin, and it's part of my regimen now. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. go see your doctor now. welcome back. we're taking a break from all the corruption and the whole screwing over the country routine to take a look at some gadgets. the holidays are coming. thanksgiving a week from today. hottest high-tech gadgets of the year are upon us. the samsung galaxy. will the nook knock off the kindle? again, i'm not sure what i said, but we're going to find out.

joining us now, eni pa tell. >> i was wearing an ipod as a watch and i just left the band on. >> is that like a "star trek" kind of thing? >> it was really like i had -- pretty much. >> i want to play with the light saber, but it's just a flashlight. >> make the noises. this is new, $1,000, from apple. >> super thin. >> if you look at how tiny this is. >> i drop mine a lot. if i dropped this one -- >> you might dent the case -- >> it will still work? >> you see it turned on really fast. the midpoint between the ipad and aqua pro.

this one is very small. the tsa says they might not even make you pull it out of your bag. >> because it's too small to be a bomb? doesn't play dvds? >> doesn't have an ethernet port. >> it's like a laptop for you know -- laptop people. >> very mobile. thisç guy is the nook. this one is -- >> looks like an ipad -- >> it's focused on reading. we can kind of turn this on. unlike a kindle, it's got this interface which is full color. >> just a fancy kindle. >> next year, will have aps.

>> what's the difference between that and an ipad? >> much slower. >> is is it cheaper? >> yes. this guy is actually more of an ipad competitor. this is the galaxy tab. this is much faster. it's got a browser. does all this same sort of thing. >> a reader though, a browser, a surfing device. >> the nook is focused on reading. it's $249. this is a do everything advice. you buy from a carrier, at&t or verizon and t-mobile. >> would i rather have this or that? >> it's up to you. do you have a laptop? >> it doesn't work. i don't know the password. >> you have a laptop and -- all you want to do is browse the web on your couch, hang out, maybe listen to some music, this is going to be a better option.

if you want to get some work done, this is a better choice. speaking of work on the go, this is the droid pro. >> do i need a password for this? >> it's got a keyboard. it would be easy to enter it in if you know it. it's basically an android phone with a blackberry style keyboard. >> what's an android? >> google's operating system. this device and this device run android. they're just kind of different. >> which is a competitive operating system to a blackberry or what apple has.ç is it any better, worse? how do i know the difference? >> depends on what you want. like asking if a chevy or ford is better. android will leap ahead and then apple will catch up. >> what's the coolest this does? >> it has that keyboard, which most android phones don't.

the ones that have have slid open like this. and if you're a blackberry fan, if you're into this type of keyboard, but you wanted a phone that does better web browsing -- >> is this thing faster than my blackberry? >> this will be 1,000 times better. a lot of people have been interested in it. i think it's going to be a big seller. >> how much? >> $199. >> pretty good. cheaper than a blackberry, too. >> depends. they're all on verizon. and then this guy i think is -- >> what's that. >> my watch. >> very cool. show the people. who makes that? >> this is nixon. >> does it do anything other than tell time? >> it tells time. it's refreshing. >> they're saying not the watch, this. i like the watch. >> this is the boxy box. this is -- >> say it again. >> boxee box.

a small company, group of friends who said, i want to get the internet on tv. apple's doing it, google's doing it. they built a huge community. >> how does it work? >> you plug this into your tv. it brings up an interface. on the front part, it's jury remote. if you turn it over, there's a keyboard. it pops up, all the videos your friends share on facebook. >> do i need to plug this into my computer? >> no. this is basically a little computer. >> i have my tv, i take this and hook it up to my tv and all of a sudden, my iconsç on my lap ta are on my flat screen. >> it's not that complicated. these are the videos your friends put on facebook. do you want to watch. here's what your friends are watching on netflix. >> sorting my database of peers.

>> eventually, you'd just be able to type in chuck. >> got it. >> so this is part of a big trend in the industry that's called board cutting. people are starting to try to use the internet to -- >> cord cutting. >> i think devices like this -- >> don't tell that to comcast. the reason they're buying nbc is because they know this. it's not like brian roberts doesn't know they're coming from the cable bill. why do you think he bought nbc? >> my cable is $150 a month. it's outlandish. i watch like ten of them. >> if you watched less channel, you would feel less ripped off. >> it's a pleasure. thanks for showing us what you've got. i don't remember your name. >> neli. >> a pleasure. thanks for showing me the watch. toys like these all sorts of

things to distract you and bombard you with. pretty hard to stay focused, no? when you're not getting tweeted, facebooked, smartbooked, smart phoned, cable news, how do you keep your sanity and clear a space to talk to a person? thursdays with tony after this. . . yes! v8 juice gives you three of your five daily servings of vegetables. that's what i'm talking about! v8. what's your number?

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potential, but technology cannot only be addictive, but it may not actually help you solve your problems. take a look at what i'm doing when i'm supposed to be look tog my director. i just keep saying, what was that. how do you put the crack berry down or whatever machine of the moment it is and stay focused? how important is it that you do that? tony schwartz has some answers. how much do we screw our productivity up, our relationships up, our problem solving up by being distracted by machines like this? that much, right? it's a big problem is what you're saying. >> there's a great quote from herbert simon who won the nobel prize. he says --

could there be a better description of where we are now? if you split your attention between two things, it means you're never fully engaged to one. we're in all kinds of -- we're facing all kinds of challenges. >> and if you were to look at the dysfunction in theç information markets, there is no fact set for a lot of people in this country. or if you look at the unwillingness to engage collective in coming to understand the common facts and trying to understand the country's problems, how much is this a variable in it? >> how much is reducing life to 140 characters simplify it beyond recognition? there's no question is that what's happened is people have

lost their attention span. if you think about it, ask these three questions to yourself. do you find your mind wandering at times when people address you? >> what? >> that's good on that one. do you frequently switch to one activity to another. >> i'll be right back. >> and you already answered the third one. do you have difficulty sustaining attention on a task and are you easily distracted by what's going on around you, dylan? >> isn't that the same -- >> i don't know because you're so distracted. >> where am i? is this a tv show. >> those are three of the primary symptoms of add and they characterize everyone. so what's diagnosed as a psych yatic behavior now is ordinary behavior. the base state. we need to find ways and we can. this is the positive part. we want to always end with an uplifting note. you can train your attention. attention is just like any other

muscle. you push against resistance and relax. there are several ways you can do it. the first one that's the most valuable one we've talked to clients for ten years, do the most important thing first in the porng for at least 16 minutes without interruption. it's incredibly powerful. you have the most energy in the morning. most people. you have the fewest distractions and if you focus on one thing at a time without any disruption, you will get more done in less time. you can walk out of a 90-minute session and fully focused. you can walk out of that session having accomplished more than you probably will the rest of the day. also, you will have taught focused on one thing at a time. a second thing, chunk your e-mail. don't answer your e-mail every

30 seconds when you hear that beep and you get drawn to it just as you would a chocolate chip cookie. turn it off at selected times and answer in chunks so that you are not constantly moving your attention from here to there because each time you move your attention to a primary task to a secondary one like answering an e-mail, you're increasing the amount of time it will take you to finish the first task by 15%. that's crazy. second thing that you can do is or third thing that you can do is to actively train your attention by taking a couple of minutes, let's say two minutes, but designate it, two or three times a day to stop, close your eyes, breathe in through your nose to a count of three and out through your mouth to a count of six for two minutes. why? because what you're doing is giving yourself an object of attention and therefore, you're

quieting your mind. you're calming your emotions. you're putting yourself in a position where if some new input comes at you, you're not so overloaded that you can't make a reasonable assessment and respond to it in an intelligent way. we've got to get back control of our attention. >> i've got to wrap this up, but reminds me of the sort of thing you might see in the school system. the president's attention span challenge. >> no, it's like -- >> like how many sit ups can you do. >> absolutely. in fact, we're going into a cool in cleveland to work with that school. one of the things we will surely help them to do is to build specific periods during the day where they can supply focus their attention the way i just described. >> you're a teacher for me and many others i am sure. why we spend thurs with tony. it's always a pleasure. >> see you next thursday. coming up on "hardball,"

michael smerconish talking gm with jennifer granholm and bob king. they wrl talk about the financing schemes that torpedoed the place, but first, rethinking how much we spend and how we spend on our defense. david goodfriend with the "daily rant." ♪ express yourself

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we're back and it's "daily rant" time. earlier, we talked building versus cutting as the real way to save our economy, but it's david goodfriend who has more to add to that topic. >> when the co-chairman of the debt commission came out with

their recommendations, they got some protest from those on the left and right. that's good. probably means they're on to something. but lost was the chairman's call for a $100 billion annual caught in defense spending. among other things, they want to cut the number of u.s. troops in europe and asia by one-third. problem is that's not nearly enough. if we're serious about solving our budget problems rs we need much bigger defense cuts than that. total defense spending today is higher in real terms than at any other time since the end of world war ii. more than during the cold war, even higher than during the reagan defense build-up and the budget has been going for 13 years straight. the longest sustained real growth in u.s. defense spending ever. about half of federal nonentitle lment spending goes to defense. we spend more on defense than the rest of the world combined. we used pau spend and 60% of

what our potential adversaries spend. today, it's 250%. it's unsustainable. and will ruin us if we don't change course. for those who would call me soft on national security, consider the words of admiral mike mullen. he said the national debt is the single biggest threat to our national security. that's bigger than terrorism, north korea or iran. the debt is a threat. so the military itself must help us meet it. sharpen the ax. the fact is without a strong economy, without a sustainable federal budget, we put our whole nation at risk regardless of how many military gadgets we buy. president eisen hour reduced defense spending. it's time for us to get serious about redefining our military strategy. we can't afford hundreds of thousands of troops throughout

the world. about 1.5 military personnel, how about 300,000 of them are spread over 150 countries. less than half of that are in iraq and afghanistan. now take a look at these numbers on the screen. some of the u.s. troops stationened overseas. do you honestly think we need over 35 troops in japan, 50 plus troops in germany? that's so five wars ago. i've got a modest proposal for our leaders in washington. cut the military budget in real terms to where it was before 9/11. apply all the savings to defense deficit reduction. bring noncombat soldiers back state side. eliminate every weapons system military commanders say don't work. we'll still have the biggest military in the world by far, but maybe we won't go bankrupt. hey, do it for god and country. dylan. >> what strikes me is listening to that is a conversation that i had the other day on global warming with this guy who's

talking about how we're spending lots of money dealing with global warming, but it's not effective. you have conversations we'll spend lots of money on these scanners where they feel you up, but they're feeling you up may be fun on a saturday night, it's no good for a terrorist attack, right? the common theme and it seep seems to apply much here is when you make decisions based on fear and manipulation, the imptous to spend wildly because you're terrified and without purpose is it takes over. >> and here's the irony. it's causing a harm to our national security. our very desire to protect national security is harming ourselves. when we rack up debt in the name of defense, we're just harming our national security and the defense department has to take a responsibility. >> how much of this do you think is a result of the fact that the