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The kind of momentum and growth coming out of this recovery as people had hoped. and particularly, when the dip was so deep, you expect to have a little bit faster rise up, like a v, down, and then up, an here we kind of have a down, and we're not getting the v, we're getting the kind of cutoff. jon: almost a plateau in reverse. >> so it's not a recession but it's disappointing. jon: a lot of this is i guess caused by a lack of consumer spending. if consumers don't have jobs they're not going to be spending a lot. poor confidence. >> that's right. consumers are wary, but even more so are busin...

There is an open question, were he to adjust the rules of engagement they might affect the way we operate in kandahar when there is a full-blown siege into that city. that remains to be seen. the groundwork is being laid, the civilian pieces being put into place, the political pieces being put into place. as general mcchrystal says it's ready to do it right than fast. we don't know exactly how the new general on the ground will affect the approach to the siege of kandahar. as kandahar goes, so goes afghanistan, it's a very, very important piece of the puzzle. jon: steve centanni at the pentago...

-- can't be engaged in iraqi trades for their own profit and create a resolution authority to wind down firms that threaten our entire financial system. no longer will we have companies that are, quote unquote, too big to fail. >> there's a difference between the u.s. and europe that mirror differences between democrats and republicans about whether the countries should continue to go into debt or whether they should begin to now -- in order to create jobs, whether they should begin now to cut that decifit to trim spending, jon. jon: wendell goler live in toronto for us, thank you. jaime fox n...

The rules are going to have to be written down the road. jon: nobody wants to see a meltdown like we saw in the fall of 20 on -- in, 2008, yeah, nobody wants to see that again. but you know, is there a danger, i guess, of overdoing it here. >> i don't think -- i mean, we don't know to what extent this will actually fix the problem. my guess is a lot less than people think, because it really doesn't do anything about too big to fail. the idea that big banks can be taken over by the government, they take a lot of risks. what it does do is try build up capital for the bangs and say look, there ar...

Person who's been appointed to oversee that $20 billion bp fund. and they're expecting people to show up who have been victimized by this oil spill, fishermen, charter boat captains, restaurant owners, oil rig workers and the like to talk to them about how this payment process is working out, jon. jon: what's the reaction to the refusal of that federal judge who doesn't want to back down on the drilling moratorium? >> reporter: well, as can you imagine, a lot of folks here are very pleased that judge martin feldman ruled against the obama administration's moratorium on shutting down explorator...