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we want more ben and we want him now. but tonight, the truth. there's not enough ben for america. more ben is bad. i'm talking, of course, about this ben, fed chair ben bernanke. today he announced he'll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, it's not going to solve our economic problems. >> the fed fed's drugs didn't come cheap either. there have...

we want more ben and we want him now. but tonight, the truth. there's not enough ben for america. more ben is bad. i'm talking, of course, about this ben, fed chair ben bernanke. today he announced he'll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, it's not going to solve our economic problems. >> the fed fed's drugs didn't come cheap either. there have...

good evening. i'm erin burnett. "outfront" tonight, america's drug addiction. it's not cocaine. it's not heroin. it's not even bath salts. we're addicted to ben. we want more ben and we want him now. but tonight, the truth. there's not enough ben for america. more ben is bad. i'm talking, of course, about this ben, fed chair ben bernanke. today he announced he'll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of m...

The claiming of executive privilege, the reason she can't go and testify or answer questions is not the moment to use the executive privilege card. i think they learned a lot from this as desiree did and we'll see what's next. >> all right. laura schwartz, thanks so much. stay warm in chicago, by the way. >> oh, it's great. >> all right. up next, it is snowing, have you heard? easy for me to say from the balmy south here. it is bad. we know that. we'll show you how bad, where and why it isn't over yet. later, what happened to just moments after seaworld visitor captured this video? did the...

Gate crashers. how happy do you think the country of india was with that? it deserved a dressing down and should never happen again. >> it's a very disciplined white house. president obama likes to speak of teachable moments, as you know. was there one here? >> i think there was. own up to the mistake and move forward. the claiming of executive privilege, the reason she can't go and testify or answer questions is not the moment to use the executive privilege card. i think they learned a lot from this as she did and we'll see what's next. >> all right. laura schwartz, thanks so much. stay warm ...