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He's also a senior writer with salon. fighting over the debt ceiling is not a brand-new phenomenon in american politics, but were these fights less scary in the past than they are now? >> yeah, i would separate fighting over the debt ceiling is one thing. the tradition is really posturing over the debt ceiling. skpi and i think there's a big difference. you look at reagan in 1985. another example when there were budget deadlines and budget negotiations that were playing out in the capitol and the debt ceiling kind of got thrown in as part of it. there have been times where you could say there ...

Somewhere. i don't know. i'm thinking circa 1985. another great icon. a president who really stood his ground on this. take a look. >> the unhappy task of raising the debt ceiling to over 2 trillion $. congress must realize by failing to act, they are entering dangerous territory. never before in our history has the federal government failed to honor its financial obligations. to fail to do so now would be an outrage. and congress must understand this and bear full responsibility. >> gene, help me understand. what's going on? >> what's going on is that frankly republicans have dug themselves a...

It was an all too eerie echo of the bombing of pan am 103 in 1988. another jet decapitated. the explosives hidden in a suitcase by libyan terrorists. leon panetta was president clinton's chief of staff. >> when a 747 blows up as the one did in scotland, your first assumption is that this is not an accident, this is a deliberate act. whether it's a bomb, a missile or what took place, somebody was responsible for blowing up that airplane. >> reporter: had the pan am flight not been running late, it too could have exploded over the ocean, just as twa did. just as this air india 747 did in 1985. a...

The pilots were helpless, unaware that their 747 had been beheaded. it was an all too eerie echo of the bombing of pan am 103 in 1988. another jet decapitated. the explosives hidden in a suitcase by libyan terrorists. leon panetta was president clinton's chief of staff. >> when a 747 blows up as the one did in scotland, your first assumption is that this is not an accident, this is a deliberate act. whether it's a bomb, a missile or what took place, somebody was responsible for blowing up that airplane. >> reporter: had the pan am flight not been running late, it too could have exploded over t...

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