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Stakes will be higher. all the things you mentioned, debt ceiling fight, vows to close the government down. and you have a bad he will brewing who will be the next federal reserve chairman. whoever is nominated by the president will probably deal with a tough confirmmation fight. you have an outgoing fed chairman in january. all these things are kind of in this little cauldron in washington. so i do think there's a chance the market uses that as an excuse to get a little more nervous, being up 15 or 16% year-to-date. jenna: some are also saying stocks are way overvalued right now despite any s...

>> major hasan continues today in texas. he's accused of killing 13 people at fort hood. yesterday a federal investigator who responded to the 2009 rampage described a gruesome scene with medical equipment all over the floor saying there was so much evidence that agents ran out of markers and had to use sticky notes just to mark everything. also the president, he's on vacation today at martha's vineyard. we're getting a briefing from principal deputy secretary that is on going as you see the live picture there and he issued a statement condemning the violence in egypt. we'll talk about that in...

Exchange up and so that's another reason why it is important to delay it until they can work out all of the kinks. but all the provisions that are being delayed right now are provisions that are going to cost individuals more money. it is going to make their lives worse. and i would argue, the president was very shrewd in making sure none of this kicked in until after he, safely won re-election. jon: yeah. >> now it looks like he is waiting until at least democrats get through the next election or he is just long gone. then it will be left dealing with all the broken pieces. jon: and joe, i al...

For people who weren't part of the muslim brotherhood. you're not going to have stability in egypt until the government can govern. if you don't have that stability, you're not going to have additional investment. egypt's economy will continue to decline and i think that was the choice the government saw and the muslim brotherhood forced the choice. the voice is regrettable for sure but nobody should be under any i willusionillusions. as long as the brotherhood kept to its course, it was going to happen. >> two headlines i'm seeing right now, one is from reuters. it's a report that the muslim ...

It was a job that ultimately went nowhere. but now that we've got health care reform titled nder kaish call it obamacare, affordable care act, whatever you want, if that proves not to be popular, and again, there are signs that this thing is the train wreck that max boccas said it would be, is that going to hurt her potentially as she runs, having served in the president's first term? >> well, i think it's far too early to know whether it is or isn't going to be the train wreck that some people are suspecting that it could be. obvious it will has problems of implementation but we're a long way...