. >> we ask our correspondent at the united nation, what are the risks for washinon? should the u.s. veto palestinian statehood? >> what is on the line for the u.s. is their credibility in the region. president obama was saying that he was for a two-staet solution -- two-state solution. many people are having trouble understanding how that can work with a veto. it goes in the face of the palestinians, and the plan goes like this. the palestinians get their bid, but they postpone the decision indefinitely that could give all parties more time to negotiate and prevent the u.s. from putting in their veto for the time being. that might be the plan to save face for everybody. but that remains to be confirmed. >> our correspondent, max hoffman reporting from the united nations. we will take another look at the palestinian bid coming up later in the program. forces have taken control of one of the last remaining stronghold of the ousted leader gaddafi. fighting continues in other towns held by loyalist forces. if there have been more clashes around the search. they are close

[laughter] >> spoken as a true washinon senate. [laughter] -- a true washington cynic. [laughter] >> we will see. but i think there is a real serious issue and i think rich and i agree on this. we have to make the right decisions on where we need to put infrastructure for a totally interconnected countrywide transportation system. at the same time, there are massive pockets of unemployment. the question is, as -- we all started our comments on jobs. if i have five things i can do with whatever money i have available and i have i'm for free, will i start in a place where the greatest number of jobs are needed? in this industry. that will be a real challenge. >> i think we're abouto shift to the next panel. we have time for continuing questions there. i ask everyone to give a round of applause for our panelists. [applause] and now i will invite up to moderate robert wolfe, my colleague on the president's council. he is president of the investment bank of ubs in the unitedtates. i have worked with him for the past few years. he is no more passionate advocate for public-pri