the super committee, i call them
the subpar committee, couldn't
even agree on the $1.2 trillion
in cuts and i think we could do
things that are more proactive
in at least sort of tempering
the blow rather than
accelerating the blow from
europe.
it doesn't mean we can escape
it.
we are not an island and
muhammad is exactly right on
this.
>> alexis?
>> you know, think to diane's
point, she's absolutely right.
this is not a black and white
issue.
this is a global economy.
we're seeing it unfold.
the thing we have to be careful
looking a the this at home,
there's a difference between how
the stock market behaves, how
corporate america is behaving
and govern sovereign nations are
performing.
the stock market loves
coordination.
they want to see an attack to do
something about it.
but when you look at the
sovereign nations and
governments, to diane's point,
fiscal austerity measures,
getting your deficits in order,
these are things that are going
to take years to address.
it's going to...