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Barrel. that's a turkey. >> once upon a time the blackberry, everybody had to have one. now it's almost a joke. >> that is my number three. blackberry crashed in 2013. six years ago before the iphone appeared, blackberry was worth $67 billion. today it's worth $3 billion. >> very curious to see if someone is going to try to revive it or just kill it. >> they'll try to revive it. it's a losing cause. >> i like it better than the iphone. i miss it. >> i switched ten days ago from the blackberry to the iphone. number two, detroit, bankrupt in the year 2013. this was a city raped by its own govern...

Senate deal. why is there any reason to believe at this point he would do anything to help move along a bargain of any kind? >> because he's in the driver's seat and his hands are on this process in a way they previously haven't been. he's not burdened by a presidential election coming up in 2014, because there is no presidential election in 2014. there's some reason to believe he has a little more room to wiggle. listen, the best outcome out of this situation, a lot of people think, is to develop a number to fund the government through 2014 and maybe shift some money around so sequestration d...

Entitlements, savings versus additional spending i think has to be done with the understanding that at the end of the day if we don't make an agreement, the number is going to be $967 billion in discretionary spending. >> let me pick up on that with you, senator durbin. because as senator blunt suggested, republicans have some leverage here. if nothing happens the sequester spending cuts kick in on january 15 and discretionary spending is cut by $21 billion. paul ryan, the house budget chair, is proposing a kind of trade in which they would agree to some short-term spending increases, which yo...

Entitlements, savings versus additional spending i think has to be done with the understanding that at the end of the day if we don't make an agreement, the number is going to be $967 billion in discretionary spending. >> let me pick up on that with you, senator durbin. because as senator blunt suggested, republicans have some leverage here. if nothing happens the sequester spending cuts kick in on january 15 and discretionary spending is cut by $21 billion. paul ryan, the house budget chair, is proposing a kind of trade in which they would agree to some short-term spending increases, which yo...

Nation if it has bills it can't pay. there's a $67 billion day. they have to come up with the cash for that day and can't borrow a dime. >> the doom's-day scenario, if we do default, some have been saying it's going to be worse than 2008. that bad? >> yeah. a lot of people think that's really the problem here, particularly when you're talking about default on u.s. debt. because u.s. debt is sort of the grease that runs the global economy. everything is priced against u.s. treasuries. they're sort of the benchmark for absolute totally safe investments. if those are suddenly not safe, that throw...