he thinks he has a freehand. >> what should the administration do? do you think they gave him this so-called freehand that he has now used? >> i would like to know what the last conversations were with secretary of state clinton in egypt. even if they didn't give him a wink and a nod he clearly feels emboldened. i think the only way to get his attention is to stop economic assistance to forget about any effort at loan forgiveness to call into question whether the imf will approve the agreement assigned to egypt to provide economic assistance. you can see the effect of what morsi did on the stack market in egypt. the 10 percent decline. that should get his attention. >> seems that is it when you deal with morsi. >> the economic stick is key. he is governing egypt and he has to worry about the economy tanking. i wouldn't rule out a deal between the military and muslim brotherhood. may seem like they are opposites but they may find a way of living together that excludes the pro democracy fashiction wh is the smallest operating in egypt now. the military

. >> you must feel with the international acclaim that he has a freehand and within a matter of days and he begins to crush the internal opposition and seize power and take it into his own hands in a pretty nondemocratic way. >> and the head of egypt basically sponsored or this agreement. because he's going to get dividends from the united states, money from the the united states and very difficult to go to congress now and say, oh, do not send money to morsi. >> the u.s. finds itself in a bind, having just praised the egyptian president essentially elevating him to the world stage as a power broker and a peace maker. >> egypt's new government is assuming the responsibility and leadership that has long made this country a cornerstone of regional stability and peace. >> and in a way, morsi is following the footsteps of mubarak, give the americans what they want to foreign policy and try to smooth over hamas in the relations and try to end the war and try to be reasonable. and as long as the americans nen leave you alone with what you're doing the at home. we didn't lecture mubarak muc

secure enough in his own district here north of cincinnati i-75 that his constituents will give him a freehand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. the next four weeks that is the challenge john boehner, eric canter, and candidates on the house and senate are going to find. how do you put together a deal that not only the leaders agree upon but members of the caucuses can give majority to us in both houses? >> indeed, john, thank you very much. >>> meantime, some important economic data came out today and if you were looking at it expecting to see signs of worry about that looming fiscal cliff, you might be surprised. steve liesman has been analyzing it. it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and busines