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Should have been out long time ago and never happened. but we are going to take care of our country and we're going to bring back jobs and we're going to bring back wealth to the united states. so we can afford to save social security which i'll save without cuts. so that we can afford to do the kind of things so we have to do to make america great again. ladies and gentlemen, thank you very much. and here is your -- here is your pledge. [ applause ] they put it in, yeah. somebody else wrote it. we'll change the date. >> you know it's a bubble waiting to explode.

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Governor christie is anomaly, it is almost -- the country is off moing in the direction anybody that says government is too big, too many regulations, taxes are too high and out of control seems it would be a winning political message but you don't hear it from enough people. >> i think people are afraid of cutting the wrong programs and paying a political price. >> sean: are states like new york and california risk going bankrupt? >> yeah >> sean: what does that mean for municipal bonds? >> there's a big danger. particularly people close to retirement, a lot of fear bonds are paying fantastic...

Governor christie is anomaly, it is almost -- the country is off moing in the direction anybody that says government is too big, too many regulations, taxes are too high and out of control seems it would be a winning political message but you don't hear it from enough people. >> i think people are afraid of cutting the wrong programs and paying a political price. >> sean: are states like new york and california risk going bankrupt? >> yeah >> sean: what does that mean for municipal bonds? >> there's a big danger. particularly people close to retirement, a lot of fear bonds are paying fantastic...