mort zuckerman. >> the rational thing, the grown-up thing, which, of course is entirely irrelevant in this process is to find way to get our deficits under control, the debt under control, and to deal with the tax code so that we broaden the base and have enough revenues to, shall we say, encourage control over the medicare ahead dramatic problem. i don't know exactly when. we are going to have deficits and debts that we cannot control. there's going to be a breakdown in the economy. there already is. there is no confidence in the administration, no confidence in the government. we are having people buying $500 billion of our debt, china and japan, for example, do you think they are going to do it under these circumstances? we are looking at a tremendously difficult long- term problem, short-term problem, and immediate problem. >> actually, america is borrowing money at record low rates and the rest of the world parks their money here. i think we're in a strong position. i think the rational thing to do is to pass the legislation that the senate passed which extends the tax cuts for 9

caller code generally what mort zuckerman was talking about -- caller code generally put more zuckerman was talking about, how many times has he been caught at -- stopped and frisked on the street on his way to an important meeting? now they want to go through his pockets? he thinks that stop and frisk is ok? i will take my chances with the people in my community rather than a police organization pulling me over and the time they feel like it. host of this, and comes to us from facebook. you can join this conversation by looking for c-span. a few of our viewers and listeners are listening -- to hang in. host: our next caller is an independent in the vienna. -- in louisiana. good morning. caller: my comment, and it is not probably going to be popular, but my stance is that ever since the schools became drug free, more drugs than ever have been handed out to kids. the principal and the nurse in the school, whether it is packs all, ritalin, whatever. -- paxil, whether it is ritalin, whatever. find a school shooting that did not have something to do with a kid raised on these drugs. you can

liz: mort zuckerman is a guest all the time. dy who wants to become a star in the real estate world, boston properties, breakfast, power breakfast with mortgage. mort. >> meet president clinton and obviously everyone wants to hear from former president clinton especially he solved the fiscal cliff if we recall. many years ago. liz: we had a nice surplus back then. >> yes, we did. liz: behind the scenes at facebook is another one. is this newer item? >> never had this one before and this with the top executives there and that's going to be a great time. liz: mark zuckerberg, will be there? >> we're not promising that but you will have to go and find out. >> lunch last year was the second highest bid outside of a meeting with the pope at the vatican. so we have 24 hours to get this up. okay? substantially. liz: 24 hours, everybody. before we go, you, bob have been known as the president's ear right for banking. >> i'm very close to him. liz: what is happening with the fiscal cliff, him and boehner. >> listen, they have had great me

caller code generally what mort zuckerman was talking about -- caller code generally put more zuckermanas talking about, how many times has he been caught at -- stopped and frisked on the street on his way to an important meeting? now they want to go through his pockets? he thinks that stop and frisk is ok? i will take my chances with the people in my community rather than a police organization pulling me over and the time they feel like it. host of this, and comes to us from facebook. a few of our viewers and listeners are listening -- to hang in. host: our next caller is an independent in the vienna. caller: my comment, and it is not probably going to be popular, but my stance is that ever since the schools became drug free, more drugs than ever have been handed out to kids. the principal and the nurse in the school, whether it is packs all, ritalin, whatever. find a school shooting that did not have something to do with a kid raised on these drugs. you cannot find them. i promise you, whenever it comes down to, you will find out this kid was as well. host: but we do not know a thing