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Mike bloomberg was a republican, independent, before him. rudy giuliani was a republican. it has been 20 years since there was a democrat running new york. as new york gets ready for its first democrat iic mayor, look what is happening across the country. this is weird if alexander burns hadnt written this have notice. if you looked, half the mayors were democrats half were republicans. ra ratio was 6:6. when you look across the country. the big cities. all 12 of them. all have democratic mayors...

Map. debt to gdp ra ratio of 100% in 2012? that cant be right. my message is pigs are us. not that better off than portugal, greece, spain and ireland. >> glenn: can somebody explain there is this -- i keep reading about a magic number of 90% debt to gdp. that there is this magic number that once you cross, were at 84%. once you pad -- they say we are going to hit 90%. once you hit 90%, there is some sort of mathematical equation. does it sound familiar? i read about it over and over. >> heard i...

Difference when you look at what the u.s. would have to do to bring the budget back to balance. one thing that differentiates it to europe, populism here will take a different form to. people fill more resentful of big government. what were seeing is beginning of populist backlash. its early days because for the time being it is a european crisis. maybe for months. investors say to heck with the bigs, ill put my money in the u.s. the dollar will rally. everybody here is going to relax. that is t...

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