to cross-talk the debt impasse i'm joined by my guests in new york now ken wood he is editor and publisher of left business observer and howard gold he's a columnist for market watch and founder of the political blog the independent agenda all right gentlemen this is cross nominees you can jump in anytime you want but first let's have a look at the debate unraveling on capitol hill. just under two weeks this is how much time washington has left to raise the federal debt ceiling set at fourteen point three trillion dollars and as the u.s. steadily creep stories its legal limit democrats and republicans agree that a failure to avert a default would trigger an economic catastrophe a catastrophe that would not only hit the u.s. but would also undermine an already fragile global economy. that's which so far as to default on that it would be a major. crisis because the treasury securities view is the safest most liquid security in the world it's the foundation for most of our financials for much of our financial system. and the notion that it would be suddenly unreliable and illiquid would throw

and man gnaw kens when you make -- and mannequins when you make out with them taste like wood. >> that looked less like a historical society and a one bedroom apart meant with a bunch of junk in it with a guy that seems unusual. >> you were right about every part of that statement except the bedroom. i think he sleeps on the couch. they could go from sitting to sleeping quickly. after making making out extensively, that was not the first time they were kissed. >> you could taste man on it? >> yeah. i never needed binaca for the mannequin, but at that point -- >> bad, bad breath from the mannequin is not a good sign. >> we are getting off the good point which is me getting a pea body. >> you are the genie most. >> thank you, thank you, thank you very much. >> did i even say her name right? >> i think it is most. >> i like her pinched off voice. >> why are we talking about her? >> do you have a comment on the show? e-mail us. i don't even know where she is right now. she's is probably doing well. to leave a voice voicemail call 212-462-5050. still to come, the half time report from tv's

ken wayne tell us authorities think they know what started it. >> reporter: the flames moved fast, racing across a woodshake roof of a two story building on commerce boulevard. fortunately everyone got out okay but not everyone will be able to return home. >> we're quite upset to come home to find out we burned out. some people here it's just lucky, they were lucky they got out. >> reporter: we're in a parking lot about 100 feet from the burned apartment building and invest fbi investigators say in all likelihood one of these that started the fire. bottle rockets found all over the parking lot. that's what neighbors say they heard right before the fire started. >> i heard bottle rockets. and a little later the sirens were going crazy. >> did you hear bottle rockets. >> yes, in the afternoon. >> you didn't think anything of it. >> no just thought kids were firing them off like they always do. >> reporter: the damage is going to disrupt lives for weeks maybe months to come. that doesn't include the damage and lost items. >> look at those, now what happens if they get brown and dried out? all that stuff i

ken wayne tell us authorities think they know what started it. >> reporter: the flames moved fast, racing across a woodshake roof of a two story building on commerce boulevard. fortunately everyone got out okay but not everyone will be able to return home. >> we're quite upset to come home to find out we burned out. some people here it's just lucky, they were lucky they got out. >> reporter: we're in a parking lot about 100 feet from the burned apartment building and invest fbi investigators say in all likelihood one of these that started the fire. bottle rockets found all over the parking lot. that's what neighbors say they heard right before the fire started. >> i heard bottle rockets. and a little later the sirens were going crazy. >> did you hear bottle rockets. >> yes, in the afternoon. >> you didn't think anything of it. >> no just thought kids were firing them off like they always do. >> reporter: the damage is going to disrupt lives for weeks maybe months to come. that doesn't include the damage and lost items. >> look at those, now what happens if they get brown and dried out? all that stuff i