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In debt with their public pension plan. >> catches up with people and hopefully other cities will learn from detroit and mend their ways before they go the route of bankruptcy. >> you pointed out in cities and state government there's a groupon attitude to get a dollar and spend 60 cents. >> paying 60 cents for a dollar's worth of perceived goods out of that, of course you want more. this is at the federal level where the government literally borrows 40 cents of every dollar that it spends and happens at the local level and shows up quicker. local places run dry quicker because they can't prin...

We are solely seeking peaceful technology. >> there have been a lot of interesting things said out of teheran and the new government, encouraging >> new iranian president rowhani and white house specificsman jay carney signaling at least the possibility of a lessening of tensions between the two countries. we're back now with a panel. well, the iranians have been on something of a charm offensive the last couple of weeks. sending rosh hashanah greetings to israel via twitter, releasing some political prisoners, something more serious, and now a series of statements by iran's new president, has...