hi, everybody. happy new year. i'm david asman. welcome to "forbes on fox." in focus with steve forbes, rich karlgaard, quentin hardy, stephane fitch. steve? >> it's hurting the white house. they can't get the legislation through congress and you see it in the at tuted of unions -- in the attitude of the unions and the reaction to the state budget problem and massive deficits because of the pension. that's where the real blizzard is, david. not what the snow in new york but the avalanche of the unfunded liabilities of the pension funds. the property taxes are going up and the economy is weak. this is nuts. >> david: what happened in new york is inexcusable, particularly if it was forced slowdown of activity. >> one of my resolutions for 2011 i wouldn't wig out over the conspiracy theories and now you have me on the show forcing me to break it.