he keeps his money in a few mutual funds, a savings account and two annuities managed by tiaa cref.ll do it today, thanks for joining us. next week, my guests include chris gardner. hope you'll join us. keep it here where wall street means main street. i'll see you next weekend. >>> america, the wealthiest country in the world, cannot afford to care for its people. the question, how to pay for the millions of americans without health insurance? all just one step away from medical catastrophe and financial ruin. it's a debate that gets to the heart of who we are as a nation, pitting neighbor against neighbor, patient against insurer, and the outcome will determine the haves and the have nots. president obama swept into office on the promise of a more equal america. we demanded change. >> this is about every family, every business and every taxpayer who continues to shoulder the burden of a problem that washington has failed to solve for decades. >> now, change is coming, but is it the kind of change we want? many fear the price tag for change will ruin the quality of care, endanger o

roger ferguson, a former fed vice chairman under alan greenspan now with tiaa-cref. alan blinder, another princeton professor, a former fed vice chairman. there are alternatives out there, and i think mike has it exactly right, that if the president had to make a decision right now the upset to the markets of replacing bernanke would exceed any benefits. >> mike, i was reading this interesting story in the "f.t.," and it was talking about the fed and its role buying skurkts particularly mortgage-backed securities and how they don't drive that much of a competitive bargain, how much profits wall street has made off of trading with the fed this quarter. we certainly saw that in the earnings. does anyone care about this, or is anyone who would be offended by this understand it? >> well, think people do care. and we are in a situation with the fed doing and taking these extreme actions, you know, that it could lead to mischief down the road. so the next real challenge for the fed and for fed chairman bernanke will be the exit strategy. that's a challenge they want. they