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Naval war drills next year. this is after the con chrigs of the war games in the strait of hormuz the last week and a half ago. that strait is a major gateway for the major portion of the oil shipments. acceleration of the country's nuclear program in iran and this is all happening as the president signed a bill over the weekend imposing potentially crippling new sanctions on iran's central bank. where is this going? that's one of the big questions for 2012. joining us former u.n. am bass u.n., john bolton. also a fox news contributor. happy new year, ambassador. >> happen nee year to you. jen...

Announcing plans to expand naval war drills next year. this is after the con chrigs of the war games in the strait of hormuz the last week and a half ago. that strait is a major gateway for the major portion of the oil shipments. acceleration of the country's nuclear program in iran and this is all happening as the president signed a bill over the weekend imposing potentially crippling new sanctions on iran's central bank. where is this going? that's one of the big questions for 2012. joining us former u.n. am bass u.n., john bolton. also a fox news contributor. happy new year, ambassador. >> ...