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Six months ago about medicare, he said the spending trajectory is untenable. and so he knows there needs to be a fix in this area. and what's the shame in all of this is that they can't kind of sit down and work it out, because, you know, if you were the negotiator up at camp david, you'd be able to do it. >> well, one of the problems is they're not at camp david. they are not sitting down together. but the state of the union i think should not be viewed as -- rather the inaugural address should not be viewed as a state of the union speech. this is not the place where he was laying it out. i'm...

Six months ago about medicare, he said the spending trajectory is untenable. and so he knows there needs to be a fix in this area. and what's the shame in all of this is that they can't kind of sit down and work it out, because, you know, if you were the negotiator up at camp david, you'd be able to do it. >> well, one of the problems is they're not at camp david. they are not sitting down together. but the state of the union i think should not be viewed as -- rather the inaugural address should not be viewed as a state of the union speech. this is not the place where he was laying it out. i'm...

President is betting on going forward? does he believe that in 2014, if you stall this thing out for two years and give yourself a chance to take pack the house, in 2014 is that the wager now, give you two years to do what you want, between 2014 and 2016? >> it may well be but the fact remace -- remains, the quote, unquote rich and confiscate the wealth and it will not do anything to solve the lon term problems of u.s. debt. it could take a short term chunk out and take a significant chunk out of our current deficit and debt and bring down the debt slightly but once you look at the trajectory ...

>> eric: that is b.s. >> greg: watch your languag language. >> eric: do you remember the gang of six and supercommittee failed? we were supposed to have in law sequestration cuts that had to happen no matter what. not down the road, the idiot december side to kick the can down the road. i made money in markets, done it a long time 20. years. we should just go over the fiscal cliff. swan dive over it. this is a spending trajectory and bury the economy if we go. i'm buying. >> andrea: there is not a deal sequestions ration. >> bob: first, everything you pass you retroactively do back to january ...

This is going to be the story line. you'll be able to go to the grocery store and buy food with your wages. you won't need the food security programs. that's the story and the reason that works so beautifully is because they've been winning the ideological battle with a "we" that's not "us." >> and the rewe sight it in europe. >> you cannot say seven minutes ago in the program that barack obama cut $750 million in medicare and later say it's -- >> leaving that aside. the broad structure of entitlements -- -- remember, we're adding a lot of spendings. there's a lot of new spends associated with...