fiat says its four-year balance remains unchanged, but it hopes to revise its forecast up after the third quarter. >>> the strike's over the skies over french airports have been unusually quiet this wednesday. air traffic controllers staged a one day strike to protest reforms of how european traffic is managed. french air traffic controllers fear they will lose their job and benefits. hundreds of flights have been canceled, with paris especially hard hit. >> french air traffic controllers say it is a protest against the single european sky project that would unify europe's air force -- eric authority to settle their part. they feared could lead to job losses. >> you can clearly identify there are alternative solutions to put these changes in place. we don't contest those, but we're only asking other solutions be taken into account. >> the strike started tuesday evening and is expected to continue until thursday morning. >>> we turn our attention to africa, where at least 10 people have died and dozens are missing after re ferry capsized but like viktoria in uconn debt. it was sailing -- a

because they're now under the management control of fiat, the italian automaker.nd we've heard that fiat wants to make chrysler, give it more focus on small cars. but remember, this is the company that brought you the minivan. this is the company, president obama was at a factory today that makes the jeep grand cherokee. so it's sort of a u-turn for chrysler under foreign management. and that's going to be a tougher sell. i think general motors has seen the light. they have new management. many people from outside are at the top of general motors. and they know that... they have sort of stared into the abyss and they don't want to fall into it. >> woodruff: so staying with you, mickey maynard, general motors about to be publicly traded, we believe, in the next month or so. where does the bailout stand? do you see it as a success or what? how do you judge it? >> i think it's too soon to tell, judy. general motors still owes the government... i shouldn't say owe, because they were given the bailout free and clear. they've paid back a small loan that they had to pay

the billions you're not funding, g,e you doing this just by executive fiat? ohio doe how does this work? there are legal obligations, right? >> the legislature passed this budget. cted to et i presented on march 16th has $11 billion less spending than was projected to be done in the corzine dministration. porick is okay as a pollster. here,not going to be that great as a governor. we did here, we took $1.7 less in education funds. $1 billion was federal stimulus funding. it had been spent in one year by the corzine administration. we were left with a $1 billion ole. across the board, jake, we had to reduce spending. every department of state government was cut. stateare going to be cuts you make that you like and some you like less. billion you have an $11 billion hole to fill, you have to fill t. i wasn't going to but $3 billion in a failing pension system. we need pension reform. i passed some already for new system.n march. fter his fall, we're going to go after health benefit reform and pension reform, because we're o new broke. >> in the clip, you said n

if the synergies are honestly there, fiat firebauthey should o proceed. if those the efficiency ouies ae not there, it begs the questions problems? >> can we take a simple example and the elaborate. let's say you were running an airline and you wereegoing to purchase 50 aircraft from boeiig and then you were a much larger airline and weee going to purchase 100 airline. do you thhnk you will get a lower priceeif you are purchasing 100? do you think you will give a better service on your maintenance?? the scale, innterms of purchasing power should have some benefits. >> too big to fail, right? >> the idea that airllne the size of united aiilinee is not big enough to compete in needs to be bigger to be efficient is one of the more ludicrous claims that anyone has made in this industry in the last half century. the example i keep going is that mr. tilton should fly to moscow and sit down with the russians and said when you broke up the soviet union, it has such scale economies in not only did the commercial aviation, but you broken up with the silly notion th

this is what is at stake, the secret fiat of liberty. and the experiment of self-government. 2nd and we have it within our hands the power to make sure that the experiment lives on and the fire still burns. that is our responsibility. americans have always stood up for their responsibility. we won against the greatest empire in the world when we declared independence. we defeated world war i, the fascists and the nazis of world war ii and the communists and the cold war. and we can meet this challenge if you rise to eight. it is our job and our responsibility to ensure that our prosperity enjoyed the freedom and blessings that we have been enjoyed to the efforts of the people that came before us. i know we all have lives, church and chamber and sports and vonteer work. we have lives. that's why we want to be left alone. the left lives for power. they want to tell you how to run your life. we are in politics to defend ourselves, not to force anyone else to believe anything. it's totally different but you must rise to this challenge. winston churchill once said it's not enough

these rights which so many americans consider so important will be eliminated by judicial fiat. miss kagan has rejected every opportunity which this committee has offered to provide any meaningful commitment to the second amendment. to the contrary, she has even refused to affirm that the declaration of independence has any value in guiding constitutional interpretation. while the declaration states that protection of inalienable natural rights is the very purpose of government, miss kagan will not answer whether the natural right of self-defense is among those inalienable rights. we know from history that jefferson and madison and the rest of the founders and their intellectual ancestors consider self-defense to be one of the most fundamental of all rights. as a supreme court clerk, justice kagan wrote, i'm not sympathetic when a man challenged the d.c. handgun ban, which the heller court later found to be untons cushional. i'm not sympathetic is the expression of her own opinion. great hospillty even to the political advocacy of second amendment rights. as my written testimony

while a group led by fiat s.p.a. purchased most of the bankrupt chrysler l.l.c. assets forming chrysler group l.l.c. taxpayer aid made the reorganizations possible. not bad enough to put tens of thousands of people out of business, and take millions and millions of dollars without due process, we also took taxpayer money. this administration and this majority let it happen. dealer complaints about closure prompted lawmakers, including senator jay rockefeller a west virginia democrat to ask barofsky to investigate. quote, there is substantial confusion, even among dealers themselves, as to how g.m. and chrysler selected dealerships for closure, said jay rock fell for the a letter to barofsky. the report found that chrysler followed the criteria for targeting dealers for termination. g.m. was inconsistent and retained more than 1,300 dealers that would have been shut based on sales, consumer satisfaction and profitability, according to the report. the fact that treasury was acting in part as an investor to g.m. and chrysler does not insulate them from the broader r