joining me with more is david wessel, economic editor of and david kelly. gentlemen, nice to have you on the program. welcome. >> glad to be here. >> thank you. >> let's start with the still developing story in egypt. david kelly, the market seemed to be shrugging off what is happening in egypt, and the global uncertainty. what do you think the impact of the egyptian developments have on investing? >> i think what has happened is egypt has occurred at a time when the fundamentals for the u.s. stock market were really improving very dramatically. all signs are the economy strengthening here. we're also seeing lot of individual investors finally moving bonds out of equity funds. so i think strong tied, i think the markets have been able to deal with a certain amount of uncertainty coming out of egypt. >> the military clearly in control at this point in egypt do. you want to be avoiding some of the emerging markets or the middle east, egypt in -- as a result of what has again on, do you think? >> obviously you should be a little bittner vows about egypt. but w

host: that was david wessel writing about the history of budget legislation in congress. north carolina, bdean, democrat. what do you think about what the house has been up to? caller: when the people wake up, we can take back the united states. we can take it by buying something made in america and what other countries support their own selves. that is what is wrong with our country today. people don't realize enough to take care of the country they live in today. host: thank you. powder springs, georgia. alex, independent line. do you think the house is in the right track? caller: with cutting spending, of course they are. we spend money all over the world. we threw a lot of money away on something like the iraq war -- for what reason is anybody's guess. they have taken all of our tax money. they have borrowed money and they spend it. they have taken money out of social security and spent it. of course there's a spending problem. they use this money to get reelected. they definitely need to do something about it, but none of them seem to want to do anything about it. ho