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Economy. they grow fairly well. they have a lot of industries. it's a very well-diversified group. the real problem that europe is going to run into is spain. because it's nearly as large as italy. it has at least as much debt, but nowhere near the ability to grow out of the problem the way italy can. germa germany's got a robust economy, france isn't bad, italy isn't bad. spain is really going to be a problem. >> and portugal, easily. >> portugal similar to greece. look, you take portugal, take greece, take ireland, relatively small economies. italy, third largest economy in the eurozone. spa...

Education spending is insane. most states the property taxes fund public schooling. in new york i pay a high property tax. also, education is not about money. it is about discipline. as you know, if you read bold fresh there were 60 kids, six zero, in my school class. one nun. somehow all of the kids learned the basics, even me. and the school didn't have money at all. the feds have an obligation to help schools in poor district. there is no obligation to spend $77 billion a year to supplement local funding. is everybody getting the math here? as to entitlements, in 2008, spending on medicare ...

Most have property taxes. here in new york i pay exor bit tently high property tax. education is not about money. it's about discipline. as you know, if you read bold fresh, there were 60 kids, 6-0. in my saint bridges school class. one nun. somehow all the kids learned the basics, even me. and the school didn't have any money at all. the feds have an obligation to help schools in poor districts and to impose academic standards on any school receiving federal dollars. there is no obligation to spend $77 billion a year to supplement local funding. is everybody getting the math here? as to entit...

Lexus gp460, giving it a rare don't buy safety risk warning. consumer reports says certain routine tests, the rear of the vehicle slid until it was nearly sideways, the magazine says that could cause a rollover. well, uncle sam could be setting a course for financial ruins. within ten years, more than 20 percent of america's gross domestic product will go to interest on our debt, possibly the only way to pay down what we owe, the nation wracking up more than $485 billion in debt in just the past two months and with trillion dollars deficits in the forecast it's only going up. jim angle, live...

Lies, damn lies and statistics but the facts are that when bush -- in bush's last year, 2008, the deficit was $485 billion. the fiscal year begins october 1st, in this case, 2008. right before bush left office and the deficit rose another $100, $150 billion up to about $600 billion which was the real deficit at that point. then the tarp money comes along and they have to lend it to the banks. $700 billion. but it's a loan. it's not a grant. $500 billion of it has been paid back already but it counts as part of the deficit. so technically, for five minutes when obama took office, it was up to $...