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Mike bloomberg was a republican, independent, before him. rudy giuliani was a republican. it has been 20 years since there was a democrat running new york. as new york gets ready for its first democrat iic mayor, look what is happening across the country. this is weird if alexander burns hadn't written this have notice. if you looked, half the mayors were democrats half were republicans. ra ratio was 6:6. when you look across the country. the big cities. all 12 of them. all have democratic mayors. the ratio is 12-0. you have to go down to indianapolis, the 13th largest city in the country befo...

Map. debt to gdp ra ratio of 100% in 2012? that can't be right. my message is pigs are us. not that better off than portugal, greece, spain and ireland. >> glenn: can somebody explain there is this -- i keep reading about a magic number of 90% debt to gdp. that there is this magic number that once you cross, we're at 84%. once you pad -- they say we are going to hit 90%. once you hit 90%, there is some sort of mathematical equation. does it sound familiar? i read about it over and over. >> heard it, too. there are a lot of numbers that we don't know because they're in a dark hole of unknown ac...

Difference when you look at what the u.s. would have to do to bring the budget back to balance. one thing that differentiates it to europe, populism here will take a different form to. people fill more resentful of big government. what we're seeing is beginning of populist backlash. it's early days because for the time being it is a european crisis. maybe for months. investors say to heck with the bigs, i'll put my money in the u.s. the dollar will rally. everybody here is going to relax. that is the thing. to think it isn't going to ultimately catch up with the united states. you know, if you...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.