. >> state representative and house minority leader, chad cam balance, and cecelia wong, former supremeourt clerk. i have to say that. so honorable. barney frank joins me next on viewpoint. viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle for the and who doesn't want 50% more cash? ugh, the baby. huh! and then the baby bear said "i want 50% more cash in my bed!" phhht! 50% more cash is good ri... what's that. ♪ ♪ you can spell. [ male announcer ] the capital one cash rewards card. the card for people who want 50% more cash. what's in your wallet? ha ha. ♪ ♪ hershey's chocolate syrup. stir up a smile. >> one government watchdog has a mention for all the treasury folks touting success of the $700 billion bailout. not so fast. our number of the day $60 billion. that's the latest estimated loss from the troubled asset relief program tarp as we know it. three and a half years after the feds rescue of the financial sector. taxpayers are owed $118 billion. but it's not all dolla

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. >> shannon: sheriff, the guest that we had on last hour cecelia wong from the aclu who will be thereid frankly the state does not have the right to do this. it is something that is strictly within federal authority. arizona has crossed the line and whether there is a good i'm or a bad game behind it the law simply is unconstitutional. how do you respond? >> well, that is the justice's position and that is what the supreme court is going to determine or at least hear this wednesday those arguments. wheat disagree -- we disagree. we think arizona has a right to protect and defend its citizens and what we do here has an effect throughout the nation. people don't understand what happens at the border doesn't begin or end there. it starts very, very far south and in nations around the world it comes is through us and then those cartels and smuggling organizations tentacles reach into communities all over the country. >> shannon: how do you respond to those who oppose the law who say it does wind up catching people in its net who are are here legally and are u.s. citizens and they claim th