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Dangerous for america. >> it's almost a dictatorship. >> sean: he's going to bypass congress-- >> he couldn't have done that. >> sean: the second amendment. >> he couldn't have done that for the last group that he just got. >> sean: you think because of the cliff now he has more power? >> i think this: he couldn't have used the 14th amendment for what just took place. it doesn't apply to that, but it might apply, little tiny inkling that it might apply to the debt ceiling, but it didn't apply to the tax. >> sean: constitutionally, this is check mate, urge you to talk to your lawyer you probabl...

Rates, they were doing it another way on the big earners. the president rejected that. now he also wants a credit card without any limit, without the congress having anything to do with it, so he has changed it. however, the problem is that in doing so, he does, i think, have political check mate on the republicans. now the republicans come out looking good. even though the president has changed things, i think that's a point that many americans may not look at when they pay their taxes. >> they might not look at it right away if this happens, but i think over the course of six months or a yea...

I mean, from the point of view of republicans, you're going to get more spending decreases if you go over the fiscal cliff than if you deal with president obama. >> greta: well, it appears to many in the city that it's politico check mate for the president. if we go over the fiscal cliff, what it means is the taxes will go up on the wealthy, the big earners. it also goes up on the middle class. i assume the middle class will look to the rawp republicans foe fact that their taxes come up so political check mate. >> i'm not so sure. president obama could avoid that very simply by putting maybe t...

And then john mccain loses pennsylvania. >> guess what? >> sometimes traditions are broken. >> you kind of wonder if maybe with this record you might go just not going to go there. >> if you look at the polls you have to look at trends. and right now ohio is going to be very tough for him. and if there is a chance, if there's a place for him to try and do it it is pennsylvania. >> so that's where you go. >> that's where you go. because if you're going from 11, 10, 9 points out to now all of a sudden like 6 and it's closing 5, 4, it's worth a shot. not to mention you already put $15 million of ...

Oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... [ male announcer ] e-trade. investing unleashed. mr. president, have you looked at your pension? >> you know i don't look at my pension it's not as big as yours. >> let me give you advice. >> i don't check that it often. >> look at your pension, you have investments in chinese companies and outside of the united states. >> check mate, again. welcome back to this special edition of hannity. we're live where the second