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President himself makes the call. it's something that a lot of people in the white house or who have worked in the white house. >> chris: you puncture some of the blown up egos in this town. for example, steve schmidt, former republican consultant who ran the mccain campaign advised him to pick sarah palin and made a career out of bashing sarah palin. you say, quote, it was another instance of the media swooning over republicans with self-tendencies and especially when they move left? >> i think that is true. you look at the case of john mccain in 2000 he was such a media darling. mainstream m...

President himself makes the call. it's something that a lot of people in the white house or who have worked in the white house. >> chris: you puncture some of the blown up egos in this town. for example, steve schmidt, former republican consultant who ran the mccain campaign advised him to pick sarah palin and made a career out of bashing sarah palin. you say, quote, it was another instance of the media swooning over republicans with self-tendencies and especially when they move left? >> i think that is true. you look at the case of john mccain in 2000 he was such a media darling. mainstream m...

Dollars in credit risks, greece, portugal, italy, ireland and spain. if things turn sour in those countries, would our banks then tighten credit to small businesses here in the united states. if they can't readily get loans they could be out of business? >> that is the very interesting point you bring up. i hadn't quite thought of it that way, but i will tell you this. as we saw in 2008 and 2009 when banks get hurt and when the balance sheets get hurt, they will absolutely react to that. so if they got hurt and it changes, i can bet they won't lend as much money as easily as they might normall...