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Of princeton university has exhaustively documented the damage the system does to american higher education. and, yet, no college president seems to have the courage to change it. the most troubling trend in america in recent years has been the decline of economic mobility. the institutions that have been the best at opening access in the u.s. has been colleges and universities. if they are not working to reward merit, america will lose the dynamism that has made it long distinctive. for more on this, go to cnn.com/fareed for a link to my "time" column this week. let's get started. let's get...

A president could do. >> i agree with bret on one thing. i don't think this president should expend his political capital -- on the palestinian israeli conflict. particularly at a time when it is so -- >> you gave me a good segue. president should use political capital on israel. should he use it on gun control? i mean, he's putting a lot of political capital now behind something and, historically, gun control is very, difficult to get through the senate. >> i think we've seen extraordinary possibilities, but it's not going to happen in congress. the president should keep talking. it took five...