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positive but you need a real mandate to do that getting rid of preferences and slashing rates after the 2012 election. there is not the mandate for it now. there would be a lot of talk about it but the figure stuff has to come after the mandate from next year's elections. >> in the meantime, what are your hopes or not for the super committee that is coming together in congress, republicans and democrats from the house and senate trying to working together on major, major cuts before thanksgiving? what do you think they will be able to accomplish? >> i hope they come up with something. the key thing to look at, shannon is what they do in the current and next fiscal year because that has real meaning. the outyear numbers are meaningless because any future congress can change that. if they make real cuts for this year and next year which has the binding of law that will be something. that is the number i'm going to look at, not the box car numbers of trillions which mean nothing but you they get 30, 50, 60, 80 billion in the next fiscal year that is the number i'm going look for. >> we will watch it, too.

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