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some serious concessions from democrats. >> we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling -- both short term, medium term and long term. that's what it would take to get my vote. >> will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that it's not raised. are republicans willing to risk sending this fragile recovery that we're in into chaos to find out if they're right? >> no. but neither are de...

Bureau has. >> it has in my view enough authority to get the main job done, that is to be able to work on things like this to make prices clear and to make it easy to compare products. but it works under real constrictions. when congress built this thing a year ago, they put a lot of constraints on this agency, constraints that are not there on other banking regulators. two big ones, we have a real constraint on our budget. other banking regulators set their own budgets. ours is capped. but importantly, it is kept out of the political process. there are politicians now who want to put it in th...

necessarily pointed to something specific. what they found was, last year, they got some intelligence that al qaeda was targeting these oil and natural gas installations in the united states. what they're saying is, some of the information that they just got shows that al qaeda still has a continuing interest right now in going after some of those targets. >> where is this intel coming from? >> it's coming from that treasure trove of information that those s.e.a.l. teams hauled out of osama bin laden's compound. we don't know if it specifically came from osama bin laden's journal, bu...

At north portico at the white house where china's president hu jintao has just arrived for a state dinner. obviously, flanked by the president and mrs. obama. as they head in for a state dinner. controversial state dinner, because this is the 2009 nobel peace prize winner honoring the president of the country that now holds the 2010 nobel peace prize winner prison. that is the scene live from the north portico of the white house, as of this moment. one of the country's top banking regulators wants a federal commission to compensate homeowners who have been hurt in the foreclosure mess. fox bus...

Here with us is hr*euz mcdonald. what are we saying? >> basically the ims is ponying up about a third of the $953 billion bail out. and about a fifth of the ims lending facility. what do we get in return, the issue is timothy geithner and other banking regulators here were worried about a con teenage and -- contagion effect. stabilizing the banks over there would stabilize our situation over here. that is the thinking down in washington d.c., jon. jon: is it generally perceived among investment experts that it's a good thing for u.s. taxpayers? >> there is a mixed reaction to it. the talk on w...