sometimes you have to try to change current contract terms. >> i didn't see the liberals doing that. >> you cannot do that. >> i didn't see you crying when president obama tore up the creditors contracts for gm. >> that's a good point. >> i didn't see you crying when mortgage contracts were torn up and freebees brought home. >> (talking all at once.) >> it is it a example that mike just brought up. government took over gm they tore up the rights of the secured bond holders that. was abriigating contracts, no in >> that is the problem no one want to talk about. what you do in the private sector which gets involved in bankruptcy is not the same as the public sector. states can't take bankruptcy and there is. >> you are right. and therefore, you are doing the apples to oranges