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Government defaults on its debts, goes bankrupt and leaves the world's creditors to pick up the pieces. michael toe mack second and jim moore is director of progress texas, a political action committee. he was also co-author of "bush's brain." let's talk about this thing now with ted cruz. let's take a look at what happened last night and what happened there. let's talk about republicans by the way, before we get to some of the pictures who care about winning in the future, some of the extreme tactics by people like ted cruz and others like threatening government shutdown in order to defund th...

Speech that he's got to give. i wanted to speak to you this morning because you have unique insight into that pressure. going into a convention, connecting your road map with a road map with the american people, you also know that governor romney has some image problems. about his business background, about this issue of his tax returns, his standing with women, with latinos. does he need a game change in this convention? >> no, i don't think so. i think what he needs to do is try to reinforce his message. reality is that he's been heavily outspent by the president obama campaign up until now ...

Missou positively. we have two reporters for our gail daily fix. john you have looked a it the numbers. can republican voters end up choosing ideology or choose pragmatism? >> well they've got electability problems with either of these nominees. that's one of the things we saw in the poll, andrea. mitt romney is also under water in terms of his favorability. not as badly as newt gingrich is. he has problems the party has image problems. on the primary choice, pragmatism is a weak reed to count on in primary elections where people vote with their heart especially the republican party which is m...

Democratic party will be destroyed, destroyed if it embraces ms. pelosi's vision. yes, she is a san francisco liberal, but she is also the second most visible democrat in the country next to the esident who has his own image problems when it comes to economics. finally, if you want to evaluate how effective the feds are in regulate capitalism, consider that the obama administration has spent nearly $1 trillion to stimulate the economy. how's that working out? that's the memo. now for are the top story tonight. reaction and a vicious personal attack on rand paul in kentucky. here now our barack...

Democratic party will be destroyed, destroyed if it embraces ms. pelosi's vision. yes, she is a san francisco liberal, but she is also the second most visible democrat in the country next to the president who has his own image problems when it comes to economics. finally, if you want to evaluate how effective the feds are in regulate capitalism, consider that the obama administration has spent nearly $1 trillion to stimulate the economy. how's that working out? that's the memo. now for are the top story tonight. reaction and a vicious personal attack on rand paul in kentucky. here now our bara...