greg rayborn warned that unless the bakers would compromise, the company would fall apart. workers didn't listen. with more on this, we have seen stephen hayes, senior writer of the weekly standard. great having here. lots of pleasant people. happy faces. do you buy? >> in one word, no. i do not. i think this is exactly what you get at the very beginning stages of these talks. for the exact reasons you suggest. no one is getting any details right now. all they agreed on was the basic framework for moving forward. whereas speaker boehner said we need to do this in the short term and we need to get beyond the fiscal cliff. in 2013 come we can talk about serious tax reform and serious entitlement reform. it is sad that tte president wants to do that. he has been insisting on these rate hikes. gerri: listen to the president talking about compromise. >> our challenge is to make sure that we are able to cooperate together. work together. find common ground together. make tough compromises together. build some consensus. in order to do the peoples business. what folks are looking