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This will not stand. we will hold all offenders accountable. but while accountability is a vital part of the reform process, it will take more than this investigation to renew the new orleans police department and to allow it to thrive. >> this shooting happened in just the days after katrina. we did start asking questions from the get-go. the first investigation into this so-called danziger bridge killings led to charges but no convictions. ever since the case has remained a lightning rod for controversy in new orleans. i had the chance to talk with one victim's family, a witness, and the cit...

We just heard from elizabeth warren the chair of the t.a.r.p. congressional oversight panel and also really fighting hard for reforms to the financial system. we want to talk about the other side of the reform debate. we have the chief economist at moody's analytics and i want to make sure we don't characterize you as antireform at all. you are just here to give us a sense of some of the concerns or opposition to reform and what they might be. >> well, there are many. you heard one from one of the republican congressmen that the reform will lead to over regulation. that it will stifle the avai...

Reform for the financial system. we want to statalk to the other side of the debate, mark zandi, you are not anti-reform at all, you want to give us some sense of what some of the concerns or opposition to reform might be. >> right. well, there are many. you heard one from one of the republican congressmen that -- that regulation -- that the reform will lead to overregulation, that it will stifle the availability of credit and raise the cost of credit for consumers. so, i think that's a legitimate worry, and something that needs to be considered in the reform process. but ultimately at the end...

Challenge that we face. david's absolutely right that it was more about expanding coverage than containing costs and addressing our current -- the challenge we already had before we started this reform process. i think it's going to be a really difficult and long road to containing health costs. it is our number one challenge. we don't know the solutions yet. we're sort of learning as we go along. it's going to take a long time for those policy choices and the possible solutions to materialize. in the meantime, i think we have to be looking at the easier parts of the budget. >> there are easy ...

Coverage than containing cost and addressing our current, the challenge we already had before we started this reform process. i think it's going to be a really difficult and long road to containing health costs. it is our number one challenge. we don't know the solutions yet. we are sort of learn as we go along, and it's going to take a long time for those policy choices and the possible solutions to materialize. in the meantime, i think we have to be looking at the easier parts of the budget. >> there are easy parts of the budget? >> social security used to be the third rail, but i'm not so s...