gary b smith. tobin smith. jonas max ferris, and the economic policy institute's kristin dorsey. welcome gary k will the triple whammy whack the economy back into recession. >> i'm going to be the the scrooge here, i think so. there's just a lot of things happening all at once that tell me, there's a problem ahead. number one, we're looking at european interest rates to skyrocket and there's no absolutely no confidence there, the numbers out of asia now, particularly china have been headed south and then you add to our 15 trillion of debt, which is, i believe, crowned at the private sec torques i think we've got trouble ahead. just look at the stock market, it's speaking volumes what's going on. >> brenda: volumes, such as? >> you've got commodity stocks getting hit real hard. financials in the toilet right here and i think that measures to the economy. >> brenda: gary k, you've got the one hand and gary b, the other? >> well, and gary k makes a compelling argument for doom and gloom. in fact, the same argument that i think 99% of the people out there are making and that's why i t

the bulls & bears this week, gary b. smith, jonas max ferris along with john thomas, financial ceo tom belisis, scott martin from accent asset management and democratic media consultant steve murphy. welcome to everybody. tom, no deal, a b. s. deal for jobs? >> i agree. i mean, these cuts that take place in 18 months are a budget b. s. it's a budget crap. you have to make these cuts now and they have to stop messing around and put an end to the uncertainty on america's economic future and the job creators right now. they have to make the cuts. no one is going to be happy but it's their job and responsibility for the future of this country to make the tough decisions even if it's not the right ones. >> i don't know, jonas, you're smiling. that may be because you're in miami or maybe because you're disagreeing with tom. >> some cuts are better than no cuts. i actually like severe, serious cuts which is the penalty for no action and they kick in later as would the tax increases if there's no action and that's actually kind of goo

the bulls and bears this week, gary b smith, tobin smith. jonas max ferris along with today shotodd schoenberger. gary you say as goes ohio, so go the cuts. >> absolutely, brenda. if you're on the super committee and you're on the fiscal austerity side, you're quaking in your boots right now. in an ohio backed union proposal, what they really backed was floated pensions, outrageous salaries, outrageous hiring practices, nonexistent firing practices, all the things that we need, the opposite side of which to turn this country around and show some fiscal soundness. instead, ohio went the other way and i tell you what, if i again, you're on the super committee you just lost a big, a lot of trump cards in your hand. >> susan, what does it mean for the super committee, do you think? >> i think the message from the ohio vote there is solidarity among middle class workers, who, what they're voting for, a lot of middle class workers, in ohio and they're suffering right now and there's a lot of people who really were in sympathy with them. we don't wa