she thought ts move, seizing private property would boter the banking system, she has to be in la la land to believe that. you cannot ring this bell, once she seizes private property and european union takes private money to pay for their errors and bailout the banks system. it will continue. you will see a run on banks and people taking money out of the cyprus banks and out of the euro as well to other safe havens, the eo doe not seem to be a safe brac brace any more. >> people see images of people trying to take money out of their accounts, but not all their money, they bet dor it in stages, and they better not do it all at once, if i am in italy, or greece or por portugar ireland, or any beleaguered european members, i am thinking, i am taking my money now and running this could happen here soon. >> they were hard working people who worked their whole lives if i worked for the companies, and made money, saved money for the families, now they are told, you know, that money you had about 40% is gone. or whatever. but you know depending on how much they had over and above that 100,000, im

everything that is in the tape that romney is talking about is in la la land. it's lies. >> the whole conversation of the campaign was unfolding in front of your eyes. everything you believed and everything you thought of romney was now on tape. did you know it was the game changer? >> absolutely. yeah. i mean, i personally felt frightened for anonymous. i didn't know his name or her name but i was quite scared that they are going to come after this guy. >> who's they? >> well, many of the people who were out at this meeting and, you know, the right wing. the extreme right wing. i still think there's great risk here. when it first came out, my first thought was god, what's going to happen to this guy. if there's any way to help, we have to help. we have to take care of each other, watch each other's backs. >> did you tell him what his world was going to be like? >> i think scott's incredibly brilliant and so it only took a minute before we could really be talking the same language and have the same concerns. i think what he did was, he's like an incredible hero

. >> la la land fantasy. >> like fiction for rand than it is a budget. >>> tonight, president obama had the audacity to suggest that washington's holy grail, a balanced budget, is not actually the holiest thing you can pursue in government. >> paul ryan today put forward his budget. >> right. >> and says he is challenging you to come forward with a budget that reaches balance. are you going to do that? >> no. my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue, if we controlled spending and have a smart entitlement package, then potentially what you have is balance, but it is not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have disabled kids, that's not the right way to balance our budget. >> the glow is off paul ryan budgets, even for republicans, including former ryan worshipper rush limbaugh. >> now, there are people that don't like it, even on the republican side because it has ta

with all due respect to ezra, you're hearing paul ryan who is cruel and clueless and this is a la la landtasy, budget proposal being treated seriously by someone like ezra klein, who is treated seriously inside the belt way. for too long in these last years, inside the beltway has had a fixation, an obsession with the deficit. we now see the deficit is dwindling, yet we are treating paul ryan, a little less seriously because of the results of the election, but the danger is that paul ryan bringing this out is going to shift the playing field, so that it moves even further to the right. so that the possibility of a real discussion that is treated seriously by those inside the beltway -- of investment, of in the short-term, when private corporations aren't spending. when there's no demand, government must play a role. that is off the radar in fundamental ways that's dangerous for the health and security of this nation. >> mike, i want to ask you, there's a lot that is going to be read in terms of how this helps or hurts the republican party. there is an effort under way to make them a more

la la land here.ail, and it sa it's at docile and polite as it gets, mike. >> i think, first of all, bob woodward would say what you're describing there is not the way business should be done between public servants and the press. and his argument was that he, your husband, had been doing this for a long time. they can take it. they can dish it out. but he's saying for a younger reporter might take this as a little bit more of a push. and he just didn't like the tone of it. he didn't like the way he was being treated. >> it also followed, again, a 30-minute screaming match on the telephone where he had been yelled at apparently, he claims, for 30 minutes. and i will say -- >> i don't know. >> as a lawyer or former lawyer, i wasn't a good one. >> clearly. >> clearly. why don't you go off set and clear your throat. >> self-deprecating. >> you do choose your words carefully. if i wanted to be polite but brush somebody back, a little baseball metaphor, not throw at their head but just brush them back, i w

chuck, if we could go into la la land for one second. i know he's already there. i'm going to join.s, like many support, had agreed to close loopholes, could they have gotten the grand bargain with real cuts and done it together with democrats and the white house? could it have happened if they gave on that? >> not now. the only -- >> but could it? >> in hindsight, it should have happened at the end of the year. as we found out basically republicans politically only had one shot at doing revenue. right now. and this was -- the president was asking, here's -- to me, cornyn, mcconnell and boehner acting rationally about their own politics. here's what the president was asking. will you risk your -- not risk -- will you end your political career in order to stop sequestration? because any move on taxes, we saw what happened in kentucky with rand paul. we saw what happened in texas with ted cruz. cornyn and mcconnell, it isn't a could be if they would lose. over. done. they were asking -- and so -- >> and by the way, i would vote against any republican that voted to raise taxes in three

la. we get a 1-0 win down in la. we come back and they cake of business in that second game here and you know, credit to la credit to landtep up. now, we have to get our players to that level so when the playoffs come around and a big game comes around like that and it's an elimination game, we come out on the positive side. >>> from soccer to golf. we're all over the place. this is honda klassic in florida where it was windy. didn't bother michael thompson who blasted out of the sand and finished tied for the lead at 8 under with luke gut gutrie. the long effort in the clubhouse as the coloader tiger woods not the coleader. he shot 70 for the day and 9 strokes back. klassic last night kings pavilion. mission in yellow doing it to lincoln. they win three overtimes folks. antoine followed that up with ronald marillo. mission wins the city title 78 to 71. how about a good old fashioned hockey fight huh? minor league hockey. francis and se bastian if you're scoring at home siegz each other up. 30 seconds later they're still looking at each other not one punch thrown. even the refs had to say fellows, we'd like to get the ho

las vegas, in the epicenter of the crash, up a hundred percent. how can that be? all about supply and demand. diana has the story. diana? >> mandy, seems like las vegas went to the waste land of abandoned construction lot and foreclosed home to a building and feeding frenzy. why? incredible demand and supply. demand is from investors looking for cheap investments to rent out. >> the kpe stigs fierce. obviously as the invest oor started realizing this is a good market to be in with having a long-term vision, then more and more buyers, investors, cash buyers came on board. so it is very difficult. >> gonzalez has bought 80 vegas homes in the last year. bulk of which he is holding and renting, waiting for prices to rise even more. they are currently up nearly 13% from a year ago. a new nevada law criminalizing faulty foreclosures brought banks it a halt. >> on every property i make it seems like we have multiple offers. continuously. and all cash offers. all close in five days. it is very difficult to find good deals. >> if you're an cash investors, forget it. that's why demand is surging for new homes. big public names like kb homes, lenar, ryland, they are moving back into vegas with a vengeance. >> from one weekend to another, $50,000. when does that stop? does it bubble up again? >> right now, about 4,000 homes are for sale in vegas. about half the normal amount. but over 6,000 investor-owned homes for rent. that's five times the normal number. what happens to the market when investors start cashing in on higher price answers selling all those rentals? for more, go to realtycheck.cnbc.com. >> thank you. >>> are they sustainable though and is this a sign of recovery in housing? let's ask chief economist,ed i want it focus particularly on asking prices. not the final price but the asking price. i understand there are 7% in february year over year. how sustainable and how healthy is? >> it is a strong leaneding indicator of where sales prices are going. where there are big increases in asking prices like phoenix, las detroit, those increases aren't supported by market fundamentals. we are not seeing either strong job growth or vacancy rates in those markets and there are foreclosures left to come. but in other markets seeing big price increases, those are supported by market fundamentals in san francisco, seattle, and denver. we are seeing those strong prices getting supported by strong job growth with relatively few to come. >> it is like al. but if general if you can take percentage of those prices ended up having to be cut, do you think? >> asking prices are still quite strong. er with seeing a lot of bidding wars because inven tore i have so tight. we see buyers, particularly in california and the west, chasing after fewer and fewer homes for sale listed. >> this is what i don't get. we always hear this, right? inventory is tight. if you see sale prices and asking prices rise, wouldn't you, if you have a home to sale, person on the market? >> you might not do it yet. remember, nationally askin