socialist europe and if there is not an understanding on the part of the american people that we can the not have another government program panacea for every ailment that faces this nation, then, i don't know what's going to be required. we need leadership, strong, positive leadership. not only in the white house, but in congress, in which is, in academia and what we have is a president who is talking down markets, talking down the economy, and talking up government. and talking up more debt and greater spending, which are precisely the recipes that have created the stew we find ourselves in. >> one of the things that made a lot of our blood boil this week, having found out already failed out freddie mac and fannie mae, 13 million dollars worth of bonuses to the executives who made a mess of these organizations. >> right. >> your reaction? >> well, they've been nationalized so their risk is probably a little abated from that point.