cnbc's rick santelli.r congressman democrat from tennessee, harold ford and jennifer granholm who left the state house last month and will be joining us on a regular basis as a contributor to our roundtable. governor, welcome. >> thank you. >> nice have you here. there's so much to talk about and as i said at the top of the program from wisconsin to washington it is this fight about reining in government spending. look at this picture. the sea of red. union protesters in the rotunda in madison, wisconsin, over the move by governor walker to take on the unions in this battle. this is how the "new york times" reported it on saturday. framed the issue. the images from wisconsin with its protests, shutdown of some public service and missing democratic senators who fled the state to block a vote, evoked the middle east more than the midwest. the parallels raise the inevitable question. what's at stake here? >> i don't think anybody disagrees that there has to be cuts. i don't hear anybody on either side saying

republican strategist and former white house counselor to bush, ed gillispie and cnbc's rick santelli latest on revolution sweeping the middle east. after egypt protest and violent crackdown have spread to the gulf states. how will the administration balance u.s. interest with interests in supporting democratic reforms? our guests, the president's ambassador to the united nations, susan rice.

this movement -- [applause] you know, it started the day after rick santelli had his rant, and it's allbout the spending. just like the title of this panel, it's the spending, stupid. i mean, we don't have a revenue problem, we have a spending problem. [applause] and what american families across this country are having to sit down at their kitchen tables and balance their budgets and cut back to make ends meet, why is it that our federal government, our congress is up here and our president is up here with our credit card just charging, charging, charging? it needs to stop, and it needs to stop now. [cheers and applause] and you and i, we're the ones that are going to stop it. look, the fact of the matter is that if you truly want to effect change, you need to change the players. [applause] you cannot leave these people here and expect them to do something different because they've proven over and over again they just don't get it. >> here, here. [applause] >> so, you know, we can have rallies until the end of time, rallies, gatherings, whatever, but at the end of the day if you truly