the reon is at weave negative influces that will eventuly bring down the market eye mean, we will he a recovery five to 10 years down the road,ut you have unemployment which isery rious. 's much higher tha 9.4%. it's in the 15% range because we're not even including tse who have-- are no lger eligible fornemployment benefits. d then the bigger proem, even besides consumers not being able to spend becau they don't have jobs,s that there's no availablcredit out there-- not for consumerand not for sma business a even big companies are findin very egregiouserms wall street when they want to go for a loan. >> paul: so you feel thearket is far too high considerinwhat the economy is dng. >> that' absutely right because have a jobless recory if, indeed, we do have a recery. >> paul:hat are earnings telling you? we have seen pretty decen rnings, have we not? >> no, haven't. to m thoseearnings were a farce. they'r an absute joke, and the reason is ey're all about cutting cos. many ways, it was really earningshat had to do with unemployment-- people were ld off, coanies cut theat out, and in so

>>o, then, what is our ro, if wehave that influce? ho should we lay?well, here' what basally happened w the organization of american states, the multilateral orgization for the americas, voted to conde the coup d'etat tat removed zelaya. d the geral secretary traveled ttwo weeks ago tory to broker some sort of compromise and the interim government, t de facto government dinot comply. right now, basically, because of e -- is a multilateral institutions it has anumber of governments, namelyhe government veneela of nick ag ag way, ecuador d bolivia and t nuzz this case iseen asan honest broker and seen as i country who actlly has a fair amount of leverage wi both des of the government. so how do you she playing out? w is it going to end? >> well, firs of all, hillary clinn, has med oscar, the president of cost rica, the noble peace prize laureate of 2007 to be the mediator. this profound. and first of all, he's respected across thepectrum left and right owhat he had done in centr america before but i think what it indcates now is now a press, a diplomatic

historicly the u.shas played a very influce role here. negative role manyeople would sa and so the o is csidered the lead negotiat but the o obama administration, the secretary of stateilllay a veryig role in how this standoff is resolved. >> ifill: now therhas been talk of ove vacation and rumo of prove vation -- provo case invving troop movements even that f er fromthe active psident is there anything to back up, especially e idea that anher country might be ving toward the border. >> right, right, right. yes, we he hard that. the interim predent micheletti said that ther are nicaraguans bute later clarified it and said that there a small groups of nicaraguan tros near the border. and it doesn't appearhat they're there under a one's orders. an so it's really tough to gauge. e obama administraon has said tt they are not getting iormation of any ssing of troops. and the isn't a sse washiton that there is y sort of -- any so of military invasion imminent anything like that. so a lot o what's goi on in this dispute is really tryingo influen