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Ultimatum. you're going to have to engage in military intervention. i think that the broader issue here is to step back. the balance of power between gadhafi and the rebels is in gadhafi's favor. even if you put a no-fly zone in place, he can still slaughter them. he's got tanks -- >> he's got special forces that his son is controlling. >> and they have all the guns. so the key is to shift that balance, put more pressure on gadhafi so he realizes he has to end it. i don't know that the no-fly zone is this magic solution. it makes the united states a party to the conflict. there's a lot of cove...

Private insurance plan that will be called and certified by medicare. but that's not how controls cost. the ways controls cost is right now medicare just pays for what you need covered. it pays for your health care. under his plan, you get a check and that doesn't grow as quickly as the cost of health care does. so soon enough, you're getting a check that covers 70% of the costs. so you just set a global budget and pay for what's in the budget and seniors pay for the rest of it beyond that. but it is not the magic solution. as ryan has said in an interview with me, it is a form of rationing. i...

Be called and certified by medicare. but that's not how controls cost. the ways controls cost is right now medicare just pays for what you need covered. it pays for your health care. under his plan, you get a check and that doesn't grow as quickly as the cost of health care does. so soon enough, you're getting a check that covers 70% of the costs. so you just set a global budget and pay for what's in the budget and seniors pay for the rest of it beyond that. but it is not the magic solution. as ryan has said in an interview with me, it is a form of rationing. in this case, rationing by income....

>> so what is his medicare plan? >> he says his medicare plan is essentially voucherizing it. you get a check and go by a private insurance plan that will be called and certified by medicare. but that's not how controls cost. the ways it controls cost is right now medicare just pays for what you need covered. it pays for your health care. under his plan, you get a check and that doesn't grow as quickly as the cost of health care does. so soon enough, you're getting a check that covers 70% of the costs. so you just set a global budget and pay for what's in the budget and seniors pay for the res...

And so we need a complete overhaul of the energy system. it would also be human investment, human capital in more spending on higher education, training, research and development. >> now, the argument against that, i assume, is that you would have -- you would be allowing, you'd be countenancing a long decline, or in the short term there would be jobs lost. in other words, by not shoring up the system you would be accepting high unemployment and slow growth. >> i think that's exactly right, that i believed that there was no magic solution. at the beginning i said the unemployment rate could ge...