. >> why aren't there more steve jobses being created in america? >> there are many more than you think. america's management today is far superior to what it was when i was there. fat cats used to sit in offices with big briefing books. today we have managers. i run a course called two days with jack welch twice a year. i bring in a hundred executives. these guys run $500 million, billion dollar companies. not huge companies. they're on fire. they are doing all kinds of stuff. they're creating jobs. we just need more job creators. we don't need uncertainty in regulations. you can't pass a health care bill, piers, and then end up with 1,300 exemptions because your friends get it. who gets it? what does it mean? it's a real issue. we've got to get the uncertainty out of the game. >> i'm going to come back to ask you how to get the uncertainty out of the game. also, after the break i want to ask you how we got into the mess in the first place because it was a spectacular mess. luck? i don't trade on luck. i trade on fundamentals. analysis. information