and a crash in the stock market, all because a small group of republicans who didn't know the difference between a household bulling and that of the largest and most powerful economy on the planet managed to convince the world that america is no longer to be trusted. >> joining me joe wiesenthal, kp and scott little, senior fellow of the center for american progress. he worked in congress for 31 years as a staffer largely on the proemgss committee. and my big question for all three of you is, just how screwed are we? and i want you to answer that right after we take this break.