taper are much greater than the benefits of the taper. they will be careful. this came out and this is a good sign for the economy, yes? >> they will stand on their own two feet. the jobs market is strengthening for the long-term. the same picture for people recently unemployed things are getting better. you can see a 6.8 employment rate. that's what happens. the jobs picture is getting better. that gives the fed breathing space. >> since i have you and you stayed up and cohosted the show at 5:00 this morning. let me ask you about the settlement between jpmorgan and the bernie madoff ponzi scheme. now the bank is getting off with the fine. what's going on in washington?