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Always subject to proof: and so my fellow americans, ask not what your country can do for you. ask what you can do for your country. [cheers and applause] brian: he would start the peace corps and get everyone in that sense of service. ainsley: such a beautiful, beautiful speech. inclusive, inspiring. that's what we want to see out of inaugural speeches. hopefully we will see more of that this afternoon. brian: other person everyone talks about ronald reagan. both sides of the aisle say he transformed. do you have an excerpt you picked? >> let's roll the tape and we'll talk about it in just a ...

Bush administration, person everyone is pining for, he is not exactly mr. excitement. all of these guys -- you have to want to run. keep trying to draft people into this race. one thing i know has to be true for someone to win the white house, they have to want to be in the white house more than then want anything else. >> we have to leave it there. mitch dan gels a very smart guy. thanks, mary, jammal. let's get more on the breaking news. you saw at the top of the hour. imf chief, dominique strass-kahn, possibly could be out on bail as early as tomorrow. we are getting new information. stand ...

have known where osama bin laden was hiding. we'll talk to peter king about his hearing next week into the death of bin laden and what he hopes to learn. i'm wolf blitzer and this is "the situation room." let's begin with breaking news on the case involving the head of the international monetary fund jeffrey toobin is getting new details on what is going on. jeff is joining us on the phone. what are you picking out, jeff? >> it looks like the defense will go back to court tomorrow to ask for bail for their client. they think that they have a package that the court will accept. ther...