however, bill clinton has been working with all these big hedge fund guys for the last several years. a lot of them are friends of his. a lot of them have department of education donated big moneyed to the clinton global initiative. people like him. he they think is he more of a centrist than left wing idealogue. he called mitt romney's record sterling at bain capital. he recommended that the tax cuts be extended during this recessionary period. i know he tried to back up come on, we all know that bill clinton would not be raising taxes in the middle of a recession. do you think that president clinton would actually move to raise taxes on upper income brackets given where this country's economy is right now. >> i really don't know. he did in 1993 raise taxes and cut spending by a total of $1 trillion and. >> laura: what he just say in may, lanny, that he would not do. do you think he was lying there when he said we shouldn't extend -- we shouldn't raise taxes in the middle of a recession? >> i right now raising taxes.