prize winning media watchdog organization that declared the president's statement "the lie of the year." no wonder he wants to get to hawaii for two-and-a-half week vacation. >> talk about the exemption for a moment. another part of this is it's freeing people from the central feature of the law you have to have health insurance or pay a fine. now folks have a choice of no insurance at all or just buying simply catastrophic insurance. isn't that going to completely rock the system here? >> yeah, the insurance companies are freaking out because they're not going to get the revenue. the whole bargain between the insurance company and the obama administration and the democrats in congress was well, look, we will make people buy the insurance which will then cover you for the higher cost you are incurring from other people getting coverage. "young invincibles." bob schaefer of cbs news, no conservative, said this is the biggest fiasco he has seen in 40 years of covering washington. i have to tell you, i kind of agree. and mean while you see other