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Role in lightsquared. >> while other people have been getting out of a hedge fund that is essentially behind this, george soros has invested in harbinger hedge fund and also a lot of the nonprofits that george soros has backed in the past has also essentially gone to bat for lightsquared when it comes to regulations because, you know, there are some in the gps industry, particularly in the part of the gps spectrum that would be impacted -- that would impact military broadband, they say that could foul up the gps for our military satellites, maybe not a good idea to turn that thing on. >> darre...

he has three words of advice today for the obama white house to try to salvage the party's chances of victory in 2012. those words, "fire, indict and fight." james carville is joining us now. james, you created quite a stir in this article you've written for cnn.com. let me read a couple of lines. among other things you say, "what should the white house do now? one word came to mind, panic. this is what i would say to president barack obama. the time has come to demand a plan of action that requires a complete change from the direction you are headed." what are you talking about? >> ...