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About the buffett rule that we have been talking about where we say if you make a million dollars a year or more, you shouldn't pay a lower tax rate than your secretary. that is not an argument about redistribution, that's an argument about growth. >> my next guest says the president's support for the buffett rule has little to do with growth, it's about politics and winning that second term in office. here to explain is fox news contributor, charles krauthammer. hi, charles. thank you for being on this evening. >> it's a pleasure to be with you. >> i feel like, in full disclosure, i am the pr...

"wall street journal" that republicans can win this argument -- this was on the buffett rule. he says they can say that its effect on the deficit will be minuscule, now's not the time raising taxes especially on job creators and there should be a limit on what government can take from anyone. he's giving them rhetorical talking points advice. he's not even seriously trying to make the case that this stuff is real. can mitt romney sell that argument? >> well, i think the argument is not really sellable because if you look at the facts that it's not the time to raise taxes on job creators. we're...

He wanted to make america, you know, great for all dreamers, including illegal immigrants. well, let's remember that he said he wanted to make conditions here so bad for illegal immigrants that they would self-deport. is that his version of the american dream? because i don't think that's exactly what everybody else's version of the american dream is. >> carl rove said today in the "wall street journal" that republicans can win this argument -- this was on the buffett rule. he says they can say that its effect on the deficit will be minuscule, now's not the time raising taxes especially on job...

The president would need to go after some of these oil speculators he has in hand. now the president and his team are making the case that you know what? this market has grown over the past few years and i think the analogy the president used in his rose garden remarks was to say imagine the nfl had more teams but didn't increase the number of referees. he wants to do what he calls putting more cops on the beat to stop the oil traders from artificially creating scarcity by buying up oil futures and then driving up oil prices for me, you and mary katherine. rick: mary katherine he almost seems ...

Adding that he feels great, as if i were in my normal, excellent health. buffett said he'd let shareholders know if his health situation changes but says he believes that day is a long time off. sharyn alfonsi, abc news, new york. >> certainly warren buffett, it's a name everyone knows. he was diagnosed a week ago today. he's had several tests, including a c.a.t. scan, mri and bone scan as well. they caught it early. as we all know, catching it early makes a huge difference. the stats there, pretty impressive that he'll survive this. >> the five-year rate -- or what are the stats? five-year su...