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Like california. bill: what is our hunch on taxes when it comes to goods lean. >> i think they will go higher. bill: why? >> i think a it's a sin. the higher gasoline tax go maybe you might be convinced to buy a volt. we get to 4 or $5 a gallon people may start to look at the alternatives. bill: on the whole keystone pipeline this is a risk that the white house takes here. if you go into the summer months and gas is up to 4, 5 bucks a gallon we all pay for it. there is a political risk that either romney or gingrich can hammer back at the white house. the other idea about fracking, you know wh...

are we possibly headed into further stagnation? >> well, you know, the political strategist side of things i've never had to look so much at politics to figure out where the economy was going. i tell you, it's like watching the keystone cops. it's gotten ridiculous. going forward we do have momentum carrying us into 2012. that's the good news. we hope we don't lose it because of political ineptitude. that's what would kill it. we have a lot of icebergs ahead. we hope politicians are better at navigating turbulent water than the captain of the titanic. that said, where are the positiv...