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It's a u.s. dollar, the treasury bill, the faith of the u.s. government to repay its bills. when we go to market around the world to issue debt to finance deficit of government there is less confidence. there is no other way to put it, if it downgrades again from aa to single-a that means it gets worse and if ever they would pay her bills in default on them that's when it's all over were so far from that but it's beginning of the crooks in that faith that you have to be concerned about. trey: i remember in a previous life sleeping on a couch in an office building on the capital missing holiday...

Double taxes on it. really at the end of that in the server it does not see one 100% of it. >> if you can tip, tip in cash. >> give a break it's truly capitalism. you hustle, get good service traditionally you deserve a good tip. talk about inflation people are saying is going down. but for people like you in the restaurant business, for people you talk to do you feel as though the pressure is getting better, it's going down? rex knows not going down at all. the thing's got the entire supply chain getting hit all across the board paid the fees have already been added, no one is removing those ...

But, you also can't leave covered in hair. with bounce pet, you can cuddle and brush that hair off. bounce. it's the sheet. we are back in aspen with hank paulson and tim geithner talking about u.s.-china policy, the perils and the promise. >> let's talk about china because huge subject, but also one that you in particular, hank, you've written a lot about it, you wrote a very important affairs essay where you

Risk. i write about this in my book and you try to be self-reflective enough and put your biasses aside and my bias is toward overemphasizing risk and decision making. so what i try to do is recognize that and put it aside and i think i've done reasonably well over that over time. >> i think most people would agree. >> bob rubin, pleasure to have you on. >> fareed, always good to be with you. >> next on gps. >> david bern is the lead singer of talking heads, but his work outside of the group has earned him an oscar, a grammy and a tony. ♪ ♪ >> his latest creative endeavor is a broadway mus...

Did the politics of the story attract you? as i did the research, yes. the politics became fascinating. i wondered how i can tell it -- how much of it i can tell. basically in a musical like that you can't get into all of the details of why did this happen or why did that happen, but i decided to focus on, yes, the story of her rise, her marriage with ferdinand marcos. his declaring martial law and basically becoming addicted in the philippines and them both being ousted peacefully in a demonstration that was called the people power revolution which is just one of the most beautiful things you...