when you go on a negative ratings watch, this is how fitch themselves describe it. a rating watch indicates there's a heightened probability of a ratings change, and fitch says that the u.s. will be on this negative watch until probably the end of the first quarter of 2014. that takes us to the end of march of next year. wolf, it is the reasons why fitch has put the u.s. on this watch that are so telling. the sort of things you and i have been talking about every day. warning the u.s. could be forced into default, could be forced into delaying payments, calling into question the full faith and credit of the united states lending ability, borrowing ability, calling into question the u.s. dollar, and finally, they're the high risks. finally, on the medium risks, they talk about, and this goes