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Let's start by talking about these ipos. linkedin. sort of makes me go back to the late '90s, early 2000s. >> i was getting these flash backs of 1998, 1999 before the bubble burst. linkedin, they're first to the market. what's next? it's going to be groupon. it's going to be facebook, twitter. they're all going public at valuations that are enormous. trading at p ratios of 600. it's mind blowing. >> should you invest in the media sector in general? we talked about networks. we talk about linkedin. is media a good place to be? >> it is. everybody is still in media if you think about it. there's...

>> we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. >> a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it's not raised. are republicans willing to risk sending this fragile recovery that we're in into ch...

President of penn financial group and the author of "the next great bull market." let's start by talking about the ipos. the linkedin. these tech ipos that drive the market. >> i got scared watching the market because i was getting these flashbacks of 1998 and '99 before the bubble burst. linkedin is first in the market. next it will be groupon, facebook, twitter. all going public at evaluations that are enormous. ratios of 600. >> should you invest in the media sector in general? we talk about networks and linkedin. is media a good place to be? >> it is because everybody still is in media. th...

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...

Up, as mary suggested for so fast, for so long that they have to get back to what would have been kind of the natural rate of growth which is roughly about 3% a year in appreciation. and when we're going up in years in double digits. yeah, let's not deny, this is an ugly situation, this is really hard on a lot of people who own homes that are now in negative equity. it's not nice, but just to put a few numbers on what mary was describing, the case-shiller price index which measures the price of house froms 1965 to 1997 was at 110 and from 1997 to almost 2000, it nearly doubled, it spiked up to...