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Concerned about uncertainties and other factors weighing on the out look and changing policy. over all i would say our economy is on a solid footing. >> laura: he said he went onto say he doesn't see a serious threat of a serious economic down turn. after all this, do you think he's finally signaling a 25 point basis cut in interest rates? >> i do. i think he is suggesting we will see a cut this month or september. i would like to see a independent federal reserve not pressured. at the end of the day you have to question why, laura, six or seven months ago we talked about the feds raising rate...

Concerned about uncertainties and other factors weighing on the out look and changing policy. over all i would say our economy is on a solid footing. >> laura: he said he went onto say he doesn't see a serious threat of a serious economic down turn. after all this, do you think he's finally signaling a 25 point basis cut in interest rates? >> i do. i think he is suggesting we will see a cut this month or september. i would like to see a independent federal reserve not pressured. at the end of the day you have to question why, laura, six or seven months ago we talked about the feds raising rate...