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the president is betting with this extreme republican majority in the house that he's going to look like a moderate in comparison to policies that go way beyond what the american people voted for in november. it's an open question because there is a strong desire, jamie, for change and for cutting spending, but when you have the tea party group pushing the republicans as far as they've gone, it's anyone's guess how it will play out. >> jamie: tony, you have the speaker saying -- speaker boehner, we're broke. >> absolutely. the american people are saying we're broke. look what happened in 2010. one of the most watershed elections since the 1930s as far as the midterm. but doug mentioned something very important when he referred to his advice to bill clinton. bill clinton was a governor of a state. he understood what it was to be an executive leader and he took good advice and was able to save his presidency and actually do some good things with the republican congressman for the country. the president doesn't have that kind of experience. but look where the leadership is now. it's in new jersey with chris

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