charles evans getting his take. as well, i'll speak with billionaire sam zell who has been amazingly accurate on the real estate market. >> he better be. he's one of the most savviest retail investors in the u.s. and to get his take, ben bernanke t. in the european sector and with a wait and see take on the economy. >> and with jpmorgan, did the fed totally miss it again? the risk that is being taken? we'll get his take on the fiscal cliff, all of the things that we've been talking about with so many of our guests. >> paul volcker feels that jpmorgan is too big to manage and that's the problem. coming up, if you're just joining us, the bulls would have liked more from bernanke but at least it got a promise to act again if and when the economy gets worse. that seemed to be enough. >> what else do they want from bernanke? >> if we close where we are right now, the dow would have the best three-day win streak going back to last november. it also helped to have china and their central bank cut their rates overnight by a

so the idea was to go and use their vote, get those states to support charles evans hughes. there was an uproar. the wilsonians were furious about this. you just simply didn't do that. in any case, in didn't work. and wilson is going to end up being the person who is pushed and pushed toward women's suffrage in 1920. but the other thing about the hughes campaign is just how close it was. i think we think of wilson as being somehow triumphant, but this is a very, very close election. >> you know, hughes is actually one of the unusual figures in this list in that his race for president is arguably one of the less distinguished chapters of an extraordinarily distinguished and useful career. he had been a great grov nor of new york. then he got on the supreme court. e he left the court to run against wilson in 1960. was secretary of state throughout the '20s. and then his great impact was, of course, when he went back on the court and almost single handedly thwarted franklin roosevelt oos attempt to pack the court show iing he had not lost his political moxie. >> charles evans h

charles evans joins me exclusively. >> hi, maria. >> thank you so much.rom the fed, do you think it's coming sooner or later? >>. >>> well, i think the u.s. made it pretty clear, the fed is prepared to act and we benefit from and things are weak. the jobs numbers is not a recovery. >> that's true. the employment numbers have been stronger than that and the months before and despite the recovery and it's not going to be enough to improve the unemployment rate and we need stronger growth. i think with all of the risks that we're facing, we would be in a better situation to withstrand and that's why i think more of a accommodation would be good. >> how is that accommodation good? is it buying securities? it's not cut canning interest rates at these levels. what is an accommodation, specifically? >> there are two aspects of this. one, in the absence of something clearly happening, like in europe, i think we can improve on our poor guidance. i think the language that we expect conditions to be such that point to economic conditions by which we would take us ou

>> charles evans hughes. >> who would have been personally the nastiest? >> henry clay. >> what do you think? >> if you were african-american, you might want to say george wallace. >> that's a different kind of nasty. >> all right. >> you have all done a book. if you had to pick another one of these, say, carl, you have done about four books. >> yes, but i shared some of them. >> if you had to pick one of these 14 to write a book on and spend a couple years with. >> wow. that would be fun. let richard go first. >> the fact is, and i mean this since sincerely, jeanne has written not only the best, but in many ways, a definitive book on the stevensons. on the other hand, the chance to spend a couple years with adly. whether or not i produce the book, i think to spend -- in the intimacy an author has with a subject, the question is who is the best company, i think stevenson. >> that's not the question. the question e is who would you write a book about. >> gene debs. it doesn't have to be the first book. it has to be my book. i think it's the best kind of his

charles evans says the u.s.my is growing but it could benefit from more accommodation or stimulus. he said he would like the fed employ improved guidance. >> i think with all the risks that we're facing, we would be in a better situation the stronger the economy is so we can withstand whatever blows might be coming our way or not. so more accommodation would be good. >> the fed is also prepared to act on the debt crisis. people often and you can about the evans rule where he'd like the fed to communicate something like it would be apeasing mode. until unemployment fell to 7%. >> europe is in recession. china is slowing. brazil is slowing. u.s. is slowing. so we're in a synchronized slowdown. whan investors have to ask is will this tip us into financial instability, as well. and that's particularly important for europe. but i think that we have to navigate a slowing and we also have to and a half gate the policy response. . zane brown joining us now. how are you digesting all the headlines we've gotten from the f

we have a packed show for you and charles evans and the federal reserve bank of chicago.id it could move the markets worldwide and join us from charles evans coming to you live from chicago. recently, students from 31 countries took part in a science test. the top academic performers surprised some people. so did the country that came in 17th place. let's raise the bar and elevate our academic standards. let's do what's best for our students-by investing in our teachers. let's solve this. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ >> welcome back, everybody. my observation on my interview moments ago from nasdaq. i would say off the bat, kudos to bob sitting down with us and answering the tough questions. however, i have a big issue with him being tone deaf as to how the investor got the raw end of this deal buying facebook. maybe there

. >> reporter: charles evans, who owns c.j.'s barbecue, said the 67-year-old woman who was critically injured was close friends with homer and they'd often eat together at the restaurant. >> he'd help her out and stuff. she'd pick him up, bring him by, we'd feed him. they looked out for him. a good guy. he didn't bother anybody. >> reporter: vallejo police say they don't know what the motive was and are trying to hunt down the gunman. >> our investigators last night, including our first responding officers, did speak with the victims. but at this point, we can't go into too much detail about what the victims have told us. >> reporter: homer's friends are left wondering why he lost his life so senselessly. >> i wish they'd stop with all this killing and shooting for no reason. innocent people get hurt. i don't know what that old man could have did to anybody. >> i'm going to miss him. because he really helped us out a lot. >> reporter: and police have not said if this was a drive-by shooting or if there was more than one shooter,

charles evans hughes was his secretary of state and most importantly, andrew mellon was his secretary of the treasury and mellon began what would become almost the ten-year reign and three presidents served under andrew mellon and that was probably a pretty good picture of the 1920s and he began systematically to lower taxes to propose to congress that they lower taxes and this policy of the reduced domestic spending in conjunction with lower taxes began to take hold. unemployment started to climb ultimately and declined to about 5% and during the period of the eight years of the harding-coolidge presidency and an astounding annual rate of annual rate per year at 4.5%. now unlike 40 years ago, anyone that reads history these days would agree that this was a good debate and the real question about the 1920s is it wasn't an idyllic period in the history in arcad arcadia, if you will, and was it the babylon that has been characterized as by so many historians and in addition to what schlessinger and evans wrote. william allen white and identified coolidge unforgettably and the pure tan i

sunday charles evans hughes at 7:30 p.m. american history tv this weekend on c-span3. author david ppetrusa writes. >> she says no. we need to pray for you. >> their campaigns. >> there are a lot of promises made. they said they would have to rent a large hall larger than this one to get all of the people that jack kennedy prom e promised the presidency to. >> calvin coolidge may have been -- of federal power to resist the temptation to extend it. >> this sunday on book tv your questions and comments for david petrusa live at noon eastern on in depth. also choauthor on this book. sunday night at 9:00. part of book tv this weekend on c-span c-sp c-span2. >> 162 countries have ratified the law of the sea. the senate foreign relations committee heard from members of the business committee that would be affected. testifying were representatives of the u.s. chamber of commercial, the national association of manufacturers and verizon. this is two hours. >> hearing will come to order. thank you very much for being here this morning. needless to say, capitol hill is filled wit

. >> charles? >> evan is exactly right. it is being somewhat over read for its effect on the presidential election. it might have an effect in wisconsin, although obama won it by so much in 2008 that it is unclear that republicans could get the swing to get it back. it is the growth of the public employee unions, swallowing up the government they are supposed to serve, and this the beginning of a pushback that you will see all across the country. >> nina? >> i actually think it was pretty bad for all, and the democrats. they depend on unions to support them financially, in an era -- i think the walker forces spent seven times what the democrats spent. if you don't have the unions, and increasingly, they are getting smushed to the side, democrats could be in serious trouble. >> mark? >> the winners get to write history. the rebel against have the right to trumpet -- the republicans have every right to trumpet this as a great victory. in 2010, the republicans for the first time in history won their house, senate, and governor

. >> charles? >> evan is exactly right. it is it being somewhat over read for its effect on the presidential election. it might have an effect on wisconsin, although obama won it by so much in 2008 that it is unclear republicans can muster the swing. the big issue is notot this eltion but the growth of the public employee unions. they arere swallowing up the government''th w was supposed to serve, and this is the beginng of a pushback that will be long-term and you will see it across the cntry. >> nina? >> i think it was actually pretty bad for obama and the decrats. they depend on unions to support them financially in an era where i think the numbers are that the walker forcehave to spend seve times with the democrats ent. if you don't have the unions, and increasingly, they are getting smushed to the sites, decrats could be in serious trouble. >> mark? >> the winners get to write history. that is the role in wisconsin. -- rule wisconsin. the republicans have every right to trumpet his victory. in 2010, it was s the first

before the s&p 500 found its footing today on the heels of chicago federal reserve bank president charles evans saying again he supports more help for the economy. that pushed the index up for the rest of the session, closing at its highs of the day. volume was modest-- 721 million on the big board, 1.6 billion cross on the nasdaq. the materials sector led the way higher, up 1.8%. financials and industrials were close behind, up 1.7% and 1.6%, respectively. now, airplane maker boeing saw some lift after an investment firm said boeing is making its dreamliner planes faster than anticipated. shares jumped 3.5%, rising to a one-month high. the dreamliner was delayed coming to market and has experienced production delays, but investment company sanford bernstein is optimistic about the rate of production. just yesterday, boeing announced plans to sell 1,000 jets this year, a target that wod make it the plane maker in the world after losing that title last year to airbus. the move of technology companies toward paying shareholders continues. after the close tonight, dell said it would begin paying a

charles evans hughes ran against woodrow wilson and the last supreme court justice to be nominated by a major political party. that's this weekend on c-span 3. >>> this is the conversation we need to have in this country that nobody is willing to have, okay. what role should the government play in housing finance? >> in "reckless endangerment," "new york times" columnist detailed the subprime lending collapse, 2008 financial meltdown and one continuing issue, government subsidized home ownership. >> if you want to subsidize housing in this country and we want to talk about it and the populace agrees it's something we should subsidize, then put it on the balance sheet and make it clear and make it evident and make everybody aware of how much it's costing. but when you deliver it through these third-party enterprises, fannie mae and freddie mac, when you deliver the subsidy through a public company with private shareholders and executives who can extract a lot of that subsidy for themselves that's not a very good way ever subsidizing home ownership. we've seen that at the end of that mo

charles evans hughes ran against wilson in 1916 and was the last supreme court justice to be tom natu nominated by a major party. american history tv this weekend on c-span3. >> authority david petruzza writes about the president. >> harry truman goes to the white house and says to eleanor roosevelt, can i pray for you? she says no, we need to pay for you. >> their campaigns. >> there are a lot of promises made. they said they would have to rent large hall larger than this one to get all of the people that jack kennedy promised the vice presidency to that year. >> and their ideals. >> calvin coolidge believed in the limits of governmental power and particularly of federal power to resist the temptation to extend it. >> this sunday on book tv. your questions and comments for david live at noon here on in depth and the obama administration's response to afghanistan, iraq and israeli palestinian peace process. that's upon c-span2 on booktv. >>> the u.n.'s law of the sea treaty defines the rights and responsibilities of nations in international waters. yesterday the senate foreign relatio

charles evans hughes hand in 1916 and the last justice to be nominated by a major party. american history tv this weekend on c-span3. >>> this is the conversation we need to have in this country that nobody is willing to have. okay? what role should the government play in housing finance? >> in "reckless endangerment" columnist gretchen morgenson detailed a continuing issue of government subsidized home ownership. >> if you want to subsidize housing in this country and talk about it and agrees that it's something to subsidize, then put it on the balance sheet and make it clear and make it evident and make everybody aware of how much it's costing. but when you deliver it through these third party enterprises, fannie mae and freddie mac and private shareholders and executives who can extract a lot of that subsidy for themselves, that is not a very good way of subsidizing home ownership. i think we have seen that the end of that movie in 2008. >> more with gretchen sunday at 8:00 on c-span's "q&a." >>> holding a hearing on the deceptive targeting practice of schools against

and charles evans speaks to the money marketeers. to mention to people if they're tuning in, we just got retail sales figures from the eurozone, they showed a drop of 1% month on month for april compared with a the forecast. >> and i'm looking at these comments from christine lagarde saying she hopes the eurozone would become more fiscal and financial union and it strikes me how quickly everybody's kind of changing tact. it wasn't long ago they were up in arms about not having a european union as such. you wanted to see each country supposed to take care of each country's own advice backing problems. if you. >> so the time line clearly been accelerated and we'll bring you much more of that as we get it in. finance ministers are set to hold an emergency conference call today on the eurozone crisis. this amid concerns about spain's banks and the outcome of the greek election onup 17th. according to reuters sources, some officials fear the possibility of a bank run in spain. policymakers also expected to put pressure on germany to dampe

sunday, charles evans hughes ran against woodrow wilson in 1916 and was the last supreme court justice to be nominated by a major party. that's at 7:30 p.m. "american history tv" this weekend on c-span 3. author david betruza writes about the presidents. >> and harry truman goes to the white house and says to eleanor roosevelt, can i pray for you, and she says no. we need to pray for you. >> their campaigns. >> there are a lot of promises made. they said they would have to rent a very large hall, very much larger than this one to get all the people that jack kennedy promised the vice presidency to that year. >> and their ideals. >> calvin coolidge may indeed have been the left jeffersonian, a man who as president believed strongly enough in the limits of governmental power and particularly a federal power to resist the temptation to extend it. >> this sunday on "book-tv," your questions and comments for david pietrusza live at noon eastern on "in depth" and also a middle east expert on the obama administration's response to the arab spring, afghanistan, iraq and the israeli/palestinian

charles evans said today he would do some dance and stomp his feet and do everything he can to bring about qe 3 on june 20th, and that's the only solution they have. what they asked the italians to do was borrow in the free market which is $6.21% and loan money to another nation, spain, and get 3% maybe. that's not going to work. that's why you saw cds and the bond yields blow out today. >> spanish yields hit record highs earlier today. any other time that would have been cause for alarm on wall street but it's not the case today. >> it's interesting. a lot of people this morning sited the late morning rally of a banking union. i think spain didn't move yesterday on the bailout, but the german banking officials have been out trying to explain this. people think it will make a difference. the germans are just not going for it. they came out a few moments ago saying it's not the way out. they're going to try to fight this the whole way. >> bob and maria, i want to add one thing, this is not a banking crisis. in 2008 the u.s. bailed out our banking situation. we have a 60% debt to gdp r

the euro stabilized a bit and heard in chicago charles evans, about a possibililicy.e to look at resiliency in the spanish bond yield and the high in the european close was when we saw the high in the session for gold. some say that leads you to believe perhaps gold is the safe haven play, this was a hedge against the crisis in europe. we'll have to see whether this continues to play out as we look forward to the greek elections on sunday. >> thank you very much. on the floor of the new york stock exchange, up 500 points on the dow jones industrial average. >> we had a rally on nothing. >> safing you back from the brink temporarily so the sites are on italy. you could say nothing has changed. eu officials talking about a banking union, a vague phrase for banking deposits and germans said we don't want this unless they grant us more control over your economy and your banking system, we won't keep sending checks south of you. i don't see the big rally, it will be a long slide. look at the dow, up 1 wh00 poin people vaguely hopeful something might happen. this will take

charles evans at the fed, not a voting member but important over there said the fed wok back moves. then all day european officials talking about a banking union, and german officials saying no we're not going to get one for checks unless they get more control. a real food fight in europe in the political disagreement in europe. i think that was a major factor as well pm look at some of the big sector movers today. all of the global growth sectors beaten up did better today. the materials, energy, and emerging etf had a very nice day today. a lot of people remain skeptical because the action was in hitly, not in spain, italian banks today. the australian finance minister came out and said italy will knead the next bailout of sorts. they caused all of those in europe to say shut up. they said italy does not need a bailout today or in the future. this is merging as a kind of food fight at this point. finally, i would be more impressed with this whole rally if i saw movement in commodities, but i didn't. you see copper did nothing. brent is down 22% in the last 2.5 months. copper anoth

and i think his stock goes very high just as charles evan used it with fdr and social security. security. >> doug brinkley, we appreciate you. thanks for coming on. >> thank you. >> what a day it's been. i'm brooke baldwin. thanks for being with me. i'm going to turn things over to wolf blitzer. he's in washington. "the situation room" begins now. >>> thank you, brooke. upheld landmark u.s. supreme court ruling with some surprise twists. cnn's jeffrey toobin was inside the court when it all came down. is the ruling a political game changer? we're going to hear what president obama and mitt romney had to say. plus, what all of this means for you. cnn's dr. sanjay gupta has the real world impact of the health care reform ruling. >>> and a historic house vote on whether to hold attorney general of the united states, eric holder, in contempt of congress. that vote expected this hour. i'm wolf blitzer. you're in "the situation room." >>> it's the most a

sunday, charles evans hughes ran against woodrow wilson and it was the last supreme court justice nominated by a political party. an author writes about the presidents. >> harry truman goes to the white house and says to eleanor roosevelt, "can i pray for you? " she says, "no. we need to pray for you." >> there were a lot of promises made. calvin coolidge may have been the last jeffersonian. the man who was president who believed strongly enough in the limits of federal power to resist the temptation to extend it. >> this sunday, live at noon eastern. also the senate, an expert on the response to the arab spring, afghanistan cannot iraq, and the israel-palestinian peace process. >> "washington journal" continues. host: coming up next, four members of congress share with us their reaction to yesterday's supreme court decision on the health care law. first joining us is cathy mcmorris rodgers, representing washington state, fifth district. your press release yesterday says this. what is a major example of an inherent problem that you see? guest: the biggest problem with this law is how it is

charles evans hughes ran against woodrow wilson. he was the last supreme court justice to be nominated by a major party. this weekend, on c-span3. >> on thursday, the supreme court struck down a federal law making it a crime as protected speech. the 6-3 ruling strikes down the stolen valor act. justice kennedy wrote for the majority and said the first amendment protects the speech we detest and that we embraced. we will surely the oral argument from february. it is about one hour. -- show you the oral argument from february. >> the united states versus alvarez. >> the military applies exacting criteria in awarding honors. congress has a long tradition of legislating to protect the integrity of the honor system. the stolen ballot at continues that tradition by prohibiting knowingly false -- valor act advances a legitimate, substantial, compelling governmental interest that shows no protective speech. >> during the vietnam war, the protestors would hold up signs that say, i won a purple heart for killing babies. he did not win the pur

charles evans hughes was the last supreme court justice to be nominated by a major party. that is at 7:30 p.m. "american history td" this weekend on c-span3, >> "washington journal" continues. host: mitt kibbe joins us via skype from ohio. he is here to talk to us about republican efforts to repeal the health care law. he is also the president and ceo of the freedomworks and the author of a book. welcome to the program. guest: thank you for having me. host: in this morning's " washington post" -- host: is that how you see things? guest: that is how it feels on the ground of the columbus ohio. i am here for a gathering of the tea party groups and frustration at what justice roberts did immediately translated into a doubling of attendance at our conference. people are fired up. ohio is the center of the universe when it comes to the 2012 election. everything matters here. the house, the senate, the presidency. i do think the unintended consequence of the supreme court decision is going to be another referendum on obamacare and you will see democrats running against obamacare

and i think his stock goes very high just as charles evan used it with fdr and social security. a republican that backed social security. >> doug brinkley, we appreciate you. thanks for coming on. >> thank you. >> what a day it's been. i'm brooke baldwin. thanks for being with me. i'm going to turn things over to wolf blitzer. he's in washington. "the situation room" begins now. >>> thank you, brooke. upheld landmark u.s. supreme court ruling with some surprise twists. cnn's jeffrey toobin was inside the court when it all came down. is the ruling a political game changer? we're going to hear what president obama and mitt romney had to say. plus, what all of this means for you. cnn's dr. sanjay gupta has the real world impact of the health care reform ruling. >>> and a historic house vote on whether to hold attorney general of the united states, eric holder, in contempt of congress. that vote expected this hour. i'm wolf blitzer. you're in "the situation room." >>> it's the most anticipated supreme court decision in more than a decade. and one that impacts the lives of almost eve

sunday, charles evans hughes ran against woodrow wilson and was the last supreme court justice to be nominated by a major party. that's at 7:30 p.m. american history tv this weekend on c-span3. >> this week the head of the export-import bank said u.s. export opportunities are being challenged by countries that finance trade deals outside of established rules. fred hochberg spoke at the center for american progress for about 50 minutes. >> he, everybody. i'm -- hi, everybody. we are really excited for today's remarks from fred hochberg, chairman and president of the export-import bank. as you all know, the bank supports u.s. exports to the world. through his leadership the chairman of the bank plays a key role in competitiveness policies which have long been a focus of our economic policy work here at c.a.p., so we're excited to have fred here, and he will be discussing a new and annual competitiveness report that the bank puts out. here at the center we believe the best way to revitalize the u.s. economy is through policies and investments that create jobs, spur growth and insure eve

charles evans hughes ran against woodrow wilson and was the last of justice to be nominated by a major party. that is at 7:30 p.m. >> he goes to the white house. he says "can i pray for you?" she says "no, we need to pray for you." gethey're trying to everyone there. >> calvin coolidge may have been the blast jeffersonian. he believed in the limit of governmental power to resist the temptation to extend it. correct this sunday your questions and comments for david pietrusza. this sunday night at 9:00. >> next house debate from the contempt resolution from eric holder. member cited him for contempt of congress for not providing documents to the committee investigating the fast and furious program. the final vote was to 55-67. this is about one hour and a half. thought we would be here today. i never thought this point would come. throughout 18 months of investigation, through countless areas of negotiations in order to get the minimum material necessary to find out the facts behind fast and furious and the murderf brian -- border patrol agent brian terry, i always believed that in time

sunday, charles evans hughes ran against woodrow wilson in 1916 and was the last supreme court justicemajor party. american history tv this weekend on c-span 3. >> from 1942 to 1949, 19,000 african-american marines were stationed at the segregated 1/4 point camp. on wednesday, that group was awarded the congressional gold medal in a ceremony on capitol hill. we will hear from house speaker john boehner, minority leader nancy pelosi, senate majority and minority leaders sarid and mitch oakhollow -- and minority leaders harry reid and mitch mcconnell. >> >> our colleagues from the senate, senator hagan and burr, senator brown and west, mcconnell, gold medal recipients, your families and friends and everybody who made this ceremony today possible. welcome to your nation's capital into emancipation hall. it was signed by president barack obama last november. section 2 reads as follows. the speaker of the house of representatives and the president pro tem of the senate shall make arrangements for the award on behalf of the congress for a single gold medal of appropriate design in honor of t

you appoint whoever you like summit you can dig up charles evans hughes if you want.[laughter] to go back to historical fiction, there will never be a resource like the tapes available to another novelist. richard nixon -- i often work late at night, and he he is the last voice i would here before going to bed. it is a combination of shrewdness. there's also stuff on there, bigotry, long rants, stuff that could put you to sleep. then there are moments where he comes alive. and you think, what a waste of talent, it finally was. this was in very, very visionary taste. he was a very visionary man. i don't think that that visionary has ever been a -- as stark as other presidents. we have about 13 minutes left. >> i could easily occupy that. if you guys don't have questions, i will. but i would much prefer to surrender my role as the question after and let the rest of you engage colloquy with thomas mallon. >> [inaudible question] >> i love everywhere that you write. tom, with that internal velocity that scott referred to, i was wondering, what advice would you give to som

charles ii. and so, charleston being the first settlement there, and so everybody is enjoying. everybody's got their glasses of champagne. oh, we do have a -- a -- one of the loyal subjects her. your name? >> lord evansarles ii. it's quite a distant relationship. >> just don't tell anybody that. you're a lord. >> no. >> you're a lord for goodness sake. that's more than meredith is. you're a lord, hey, right? he's a lord for god's sakes. >> i think al's been there with the champagne a little longer than we thought. all right, al, thanks very much. >> now to new york for a check of the headlines. savannah guthrie in for natalie morales at the news desk. >> good morning. in the news today the canadian man wanted for a gruesome murder is expected to make his first court appearance in berlin today. security camera video shows 29-year-old luka magnotta entering the german internet cafe where he was arrested on monday. he's accused of killing and dismembering a chinese college student in montreal. videotaping that murder. and sending body parts to canadian political parties. >>> a huge political showdown in wisconsin today, with potential ramifications for the political parties this fall. voters are going t

charles? >> so much error, so little time. nina, your point about public jobs is absurd. that is what europe has done for years and it i ands in implosion. evan, your point about stimulus -- just tried a stimulus. the longest stretch of unemployment in american history -- >> it saved us from the massive great depression. >> at the rate of spending $2.3 million for every drop, that is the most inefficient ways of public money, and a position of $5 trillion of debt. if you had politicians setting out short-term stimulus but then it saying i will get serious about cutting spending -- obama comes in office in 2010 and talks about that, and what does he do? stimulus, no credit whatsoever. he is running for a second term -- >> i agree. >> everybody talks about zero, we will do short-term stimulus and long-term cutting. the only people who have presented the plan are the republicans with the ryan plan. though ite realistic, is not the republican debate where they were asked of $10 and spending cuts with $1 in increase, and not one republican candidate would endorse it. >> if you ask me if i would spend a dollar, i would say no, but i will tell you w