when he announced his presidential run in 2007. and alice stewart, a cnn political commentator who has worked on several campaigns including ted cruz's in 2016. i'm curious about the timing for elizabeth warren. it happens on new year's eve of all days, during the middle of a government shutdown. we should point out that really the point of an exploratory committee is basically giving you the mechanism by which to raise money. what do you think of the timing of all of this based on the fact we're in the holiday and in the middle of a government shutdown? >> this makes a lot of sense politically for elizabeth warren, even if many of us aren't quite psychologically ready to begin the presidential race. there are oonly a limited number of operatives who know how to win an early state like iowa or new hampshire. only a limited number of campaign bundlers to help you raise the money. being the first out of the box, you can start hiring people, build the organization, raise money. i go back to 2007 when obama