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Over again? by the way, that's why i voted against this so-called fiscal cliff deal back at the beginning of the year on january 1st, because i knew that what that deal would do was spawn three more fiscal cliffs -- the one we're experiencing now. in the next few weeks we're going to have perhaps a government shutdown if the republicans try to use that to try to extract more harmful cuts to very important programs. and then again, we're going to deal with, guess what? the debt ceiling limit. >> yeah. you probably shouldn't be able to kacall it a crisis when you n plan them out in advance on yo...

By the way, that's why i voted against this so-called fiscal cliff deal back at the beginning of the year on january 1st, because i knew that what that deal would do was spawn three more fiscal cliffs -- the one we're experiencing now. in the next few weeks we're going to have perhaps a government shutdown if the republicans try to use that to try to extract more harmful cuts to very important programs. and then again, we're going to deal with, guess what? the debt ceiling limit. >> yeah. you probably shouldn't be able to call it a crisis when you can plan them out in advance on your own calen...

Authority he already has. >> bret: frankly, mara, the meeting friday, that could be one thing that is decided the transfer authority. it could be the final white flag that both sides say okay, let's just do this. >> bret: it could be. or it could be the beginning of negotiations for real deficit reduction. that is a longshot. but we have gone through the dances before. don't forget the reason we're here is because both sides fail to make a grand bargain. the grand bargain is where the president agrees to entitlement cut and republicans agree to some revenue increases. since then, we have had a...

Since new year's he hasn't talked to the republican leadership on meaningful cuts. yesterday he gave a speech and talks again about increasing revenue. where are the meaningful cuts, and i think the impression the american people are getting is that this president is really not serious about cutting spending and about cutting the debt, so to many republicans, yeah, it's sounding to be attractive sadly that we may have to go that route. >> margie, i've seen a lot of public opinion that says, you know, you hear from secretary p these sequester cuts to go through, particularly on defense. the def...

We've looked historically over the past decade, and when people say they feel great, they're awful, and when they say they feel awful, they're great. take it for what it's worth. >> what is that? the mold wine? why is that? before you answer that, to prove your point, if you look at the dow over the last three months, the dow has been up 600 points since election day, and we have seen a very tumultous time in terms of talking about the u.s. economy and certain folks wanting to perhaps hold it hostage. what is that -- what is that counter indication? what does that mean? >>. >> here's the good ...