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To happen and vice versa. if senator john mccain is on the russian list, he's going to laugh at it and he's going to laugh publicly. this is politics. this is the way it happens. but frankly, the fact that you are not going to grab the visa to these people is not seeing as really being serious sanctions by them and less so by the man in the street who is just going to laugh and says, and that's sanctions? well, we can live with that. >> the international community is not taking this referendum in crimea seriously. 97.7% of the voters supported the referendum and it's all written under a sham, ...

Representatives certainly would rather take the sequester and all that it portends than raise taxes, period. >> joy, george will has an op ed today, and he make the point that the president is sort of doubling down on this doom's day scenario, but it may happen, and the american public may let out a collective, ah, not so bad. head for the storm cellar, spending will be cut by 2.3% or washington chainsaw massacre. we must scrape by on 97.7% of current spending or grass will grow in the sfreets of american cities of the dpesic agencies whose budget has been increased by 17% under president obam...

North korea, iran, other countries that are moving -- syria, that obviously have nuclear ambitions is just pure foolishness. it's just foolish. but again, this is also a bit diversionary from 97.7% unemployment in this country and multi-tarilyian dollar debts. >> all right. what's really going on? >> unlike lieberman, mccain lives in a state that went for mccain by 10, 11 points. so this is about a guy who wants votes in the future, right? >> i don't think that's the only reason he's saying stuff like that. it's also because he's a sad and bitter fellow. >> oh, okay. >> really, that is such a ...

At 97.7, larry summers citizen much more needs to be done. >> we've got a long way to go. we've inherited a terrible situation, most pressing problem since the great depression in our country. it is the president's preoccupation to put people back to work. >> he was confident about passage of the financial overhaul regulatory system. >> i expect that reform is going to pass. it's not easy. you've got a million dollars being spent per congressman in lobbying on this issue, industry has four lobbyists per member of the house and the senate is working on in. >> gregg: joining us for reaction, is ...