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government this week? i'll explain. first, here's my take. if you are trying to understand the recent protests against the putin regime in russia, one of the best guides is an outspoken columnist that's been writing essays in the nation's leading newspapers over the past month. political competition is the heart beat of democracy. this author writes "noting the absence of such competition in contemporary russia." he describes the frustrations of the russian middle class, demanding political rights. today the quality of our state does not match civil society's readiness to participate...

finally, what the dickens was going on in the british government this week? i'll explain. first, here's my take. if you're trying to understand the recent protests against the putin regime in russia, one of the best guides is an outspoken columnist who's been writing trenchant essays in the nation's leading newspapers over the past month. political competition is the heartbeat of democracy. this author writes, noting the absence of such competition in contemporary russia. he describes the frustrations of the russian middle class, demanding political rights. today, the quality of ou...

Without mentioning the debt. the debt is as big as the economy. it's out of control. you wouldn't know it readying the piece. >> he said about george bush back in july of 2008 it's irresponsible and unpit to be that bush in 4 years accumulated all the debt. well, obama has $5 trillion in three years. what have we gotten? would we be better to divvy up that money and give it the poorest percentage of americans, wouldn't that be better some. >> well, if john mccain were president do you think wield be looking at a 5% unemployment rate we would have no deficit? no. some of it is cyclical. >> but ...

Without mentioning the debt. the debt is as big as the economy. it's out of control. you wouldn't know it readying the piece. >> he said about george bush back in july of 2008 it's irresponsible and unpit to be that bush in 4 years accumulated all the debt. well, obama has $5 trillion in three years. what have we gotten? would we be better to divvy up that money and give it the poorest percentage of americans, wouldn't that be better some. >> well, if john mccain were president do you think wield be looking at a 5% unemployment rate we would have no deficit? no. some of it is cyclical. >> but ...

and stock markets react as well. european stocks closing down on grave concerns on what's happening on the euro zone and whether italy will be able to pay its bills. and stresses that we're seeing in the italian bond market. when you talk about stocks, stocks are much smaller than the overall bond market. the bond market is where governments, companies go to borrow money to keep going. the cost to borrow for governments, governments in trouble, has been rising. you have that above 7% now. 7.3% for italy to borrow money. that's even with the european central bank buying italian bonds ...