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Around and let a lot of people get slaughtered which potentially is the case. there are strategic issues, oil issues, economic issues, political issues. the president of the united states says gadhafi must go. if he doesn't go, doesn't that underline american weakness, the weakness of this president, if you will. there are other strategic issues at the same time. the point chris is making is excellent, that mission creep. what happens if the libyans get lucky, they shoot down a plane, an american pilot or two and they have to eject rand taken hostage, what happens then? it's a powerful argumen...

Overthrow of a regime. i'm pointing out these kind of decisions in this world are going to come up over and over again. should the united states, should the west acted, threaten force against a dictator like gadhafi who is taking actions like these? our first instincts are going to determine how that dictator sees us. right now it's still a bit of a mess in terms of whether the president is going to see american aircraft leading this effort, whether it's going to be a multi-national operation? who is going to coordinate snit who is going to make sure planes aren't mistaking one another over li...

Just this week, two up, two down. that's including today. it's been kind of like whiplash on the markets. what you're seeing, ali is investors reacting to every negative or positive headline coming out of libya, out of japan. it's been these knee-jerk reactions to sell and to buy. that's what we've been seeing all week. one thing we're seeing is financials, they're surging. if you own any stocks in banks, you may see dividends come back because the fed gave approval letting banks pay out or even boost from pre recession levels. if you own jpmorgan, wells fargo, you could see dividends come bac...

>> ali, the u.s. air force has a base in italy, the navy has two, and the italians have already okayed the use of their area to launch some of the missions in this know fly zone. there was an aircraft carrier in the mediterranean sea near libya. it left earlier this week and is now out in the arabian sea. without a carrier, planes will have to fly possibly farther, which means they won't be able to spend as much time over libyan aerospace which means you may need more planes to carry out the mission. some of the officials i've spoken with here in the pentagon say don't just think of a no-fly a...

That clear, publicly i suspect gadhafi would be in a different position, maybe even left the country by now. in techls of military action, so far it's an authority, a legal action. we'll see by president obama's statement in the next 20 minutes, half an hour, and statements of other countries of who is going to participate, how it's going to be coordinated. a no-fly zone is only one thing. the part you read, ali, it shows that you can use air power against gadhafi's ground forces. >> right. >> that is air strikes against those who might be moving forward. >> let me ask you, the defense secreta...