James Dellingpul News Today

Going the same direction. i mean, you know, im seeing the tea party movement a very strong and sensible reaction to all of this. and i hope, i pray for the good of the world that obama is a one term presidency. i dont think the world can wear it. >> you have a very interesting and humorous point of view. its been fabulous to have you as our guest. columnist and author, "welcome to obama land". thank you for joining us all the way across the pond and i like your teeth. >> see you guys. >> you bet...

Dont know, a tv or something, you dont know that the vat is there because its included in the price. but this is why its so popular with -- and im sure its why obama has decided to introduce it. because, you know, the people dont really notice it until it hits their wallets and they say theres less in their bank account than ever before. >> sure. its invisible. all right. you as the author of "welcome to obama land," james, what do you make of what were going through with the political landscape...

>> investors plan to buy the land and remove the sign. >> can you spell it? president obamas fiscal responsibility and reform commission is going to hold its, basically a debt commission. theyre holding their meeting today and on the table to restoring the economy, a value added tax. many european nations impose the vat which basically taxes the value of goods at each stage of production. its a lot of taxes. so how is it working out for everyone in europe? >> yep, joining us from london is james...