stock index climbed 4.3%. the nasdaq up 4.2, all after the federal reserve and a handful of other central banks announced they'd make it easier for global financial institutions to borrow dollars, which are in high demand as investors are get more skittish about the oar re. cnn's richard quest is among the market watch who see it as a pain reliever than a lasting cure. >> richard quest, central banks around the world make clear they're ready to help, markets love it, all around the world, including best day on wall street, up more than 4%. investors are ask are we finally on a sustainable path to growth or is this another stop on the roller coaster? >> oh, absolutely, no hesitati n hesitation, it's a stop on the roller coaster. one day's actions by the central bank of the fed and five others does not a recovery or end of the crisis make. what happened here was the central banks got together and recognized that some banks are having difficulties getting hold of dollars, if they're nonu.s. banks or it might be yen or euro, or whatever. and they have basically made it easier, they've -- they have lubricated the financial sector, if you like, and put money available. but they've done nothing to actually solve the crisis either in the euro zone in terms of the debt and the sovereign debt crisis or the united states with the budget deficit talks. this just treating the symptoms. most definitely not a cure. >> if it's a banded a treating the symptoms the last time anything of this scale happened, layman brothers collapsing in 2008. is the situation as dire, not as dire, or worse potentially? >> that's the very interesting point. why did they do it today? do the central banks know something we don't, that there are more banks out there privately telling them that they are really hurting for liquidity and some of them might be about to fall over. that, we can only speculate about because nothing would be more devastating or catastrophic at the moment than for any bank to -- a big bank, for instance, to suddenly find itself shut out. if that were to happen, turn the lights off on the way out. but, john, what i would say tonight is, the euphoria in the market is not only central banks, it's because of employment numbers in the u.s., and a lerelief at least somebods doing something. >> is what the next big step that has to be made so the banded a helps and eases the problem for a couple of days before they fix the problem? the only way this thing can be dealt with in the short term is the most massive amount of money the so-called big bazooka probably from the european central bank, europe's equivalent of the fed, to go if and flood the market with money and buy the bonds to soothe everybody's nerves. everybody's expecting it. the only question, frankly, when? >> excellent question. we'll keep watching. richard quest, as always, thank you. a major development in political drama. more mixed signals from herman cain about his staying power in the republican presidential race. listen to cain at the start of a speech in ohio. sounds like a candidate crafting his own obituary. >> let it be borne in mind that the tragedy of life does not lie in not reaching your goals. the tragedy lies in having no goals to reach for. it's not a calamity to die with dreams unfulfilled, but it is a calamity to have no dreams. >> after that speech, lisp here, he told cnn's jim acosta he's still on the fence. >> we are reassessing and re-evaluating. >> reporter: are you staying in the race? >> we are re-evaluating and reassessing. >> reporter: how soon until a final answer on your future plans? >> we'll be making a decision in the next several days. >> and as we await that decision, this is interesting, i'm told the cain national headquarters this afternoon did authorize new tv ad spending in iowa. the new spot will begin friday, promoting mr. cain's theme that america needs a ceo in the white house. it's a modest tv, $80,000, with plans to ramp it up, quote, cash permitting. the cain reevaluation is largely a test of whether fund-raising dries up in the wake i've georgia businesswoman's claim of a lengthy affair with cain. >> he also says he's helped you financially over the past few years. has he given you money? >> yes, he has. >> on what occasions? >> i've received gifts and money for the last 2 1/2 years consistently. >> did he ask for anything in return for that money? >> no. this was nothing -- this was not sex for cash. >> jim acosta live with us from ohio. you were close up with the candidate, eyeball to eyeball. we heard what he told you in the exchange. the body language, does he look like a candidate confident or looks look i guy who thinks his days are numbered? >> reporter: this looked like a confident candidate today here in ohio. you know we asked him that question and, as you saw on the tape there, he gave us that nonresponse response. we asked it again and he gave us basically the same response and it was a surprising reaction given the response he got from that crowd in that room in dayton, ohio. it was a defiant crowd that wanted herman cain to fight on. and after his speech was over we talked to a couple of ladies in the room there who said not only do they think the allegations are untrue, they say if they are proven to be true it doesn't change the way they feel about herman cain. they want him to keep fighting. >> interesting point. how much money are they raising overnight? after the early sexual harassment allegations they rushed out saying look how much money we're raising. any numbers on whether they're getting the financial help they need. not at this point. one thing that was curious today, we saw a candidate who is a month from voting beginning in iowa campaigning in ohio. you know, a state that doesn't hold its primary until june 12th, and he had an event in cincinnati, dayton, here at ohio state university, columbus, and it it doesn't make any sense. why would you be campaigning in ohio at this stage of the campaign? it just raises the question as to what herman cain is really doing at this point, whether he is raising money, we just don't know. he's going to be -- his campaign says -- holding a press conference of some sort in new hampshire later this evening. he'll be asked that question. he's supposed to meet with the editorial board of the union leader, the state's major newspaper, he'll be peppered with these questions as well. given this curious position that he's in right now where he's literally up in the air he's going to be pressed on a lot of questions. it's going to be very interesting to see how he responds. >> jim acosta, thanks to your time. perspective from gloria borger, jim makes an important point, he's in ohio, he's -- new hampshire is closer to voting. iowa is up first. i want you to listen. he was on fox news a few moments ago. jim acosta tried to ask him point blank and he got the well, i'm not sure, well, i'm not sure. listen to him on fox news where he says this is caused by democrats. >> maybe the democrats want newt gingrich to win the nomination so they can then go after his personal life but they need to knock me out now. that's just a hypothesis. think about it. i don't think it's the republicans that are trying to knock me out because they want gingrich to be at the top of the ticket. i honestly believe that the republicans, you know, want it to be a fair competition. i happen to think that these attacks on me are coming from the other side, because once i moved into the top tier i think they became a little bit threatened. >> i'm not sure what quite to make of that. >> i don't get that. >> i'm not sure what to make of that. you have a woman who came forward, he says she's not telling truth. i'm not sure what mr. cain has to gain by pointing fingers as opposed to get back to what he wants talk about. >> early on he said the stories were planted from rick perry's campaign. that was denied and he moved on. now he says this is being planted by democrats because they want to destroy him so newt gingrich can rise. i don't understand that because if you're a democrat and you want to run somebody who has been damaged already in this primary campaign, i would think that herman cain would be somebody, gee, you know, you'd be willing to take on. >> it's not a traditional campaign. so it's hard to apply this happened in a similar situation before, look at the play book or the rule book. do you get the sense the national campaign team says he's not going anywhere. mr. cain says i'll tell you in a few days. iowa campaign team says they've been authorized to spend $80,000 and that's it. do we have a herman cain in the race monday or tuesday? >> i'm not so sure. i don't think first of all this is not a well-oiled machine here. this is a candidate whose attorney has been saying one thing, the candidate himself has been saying something else, the staff says something else. this is a decision that hasn't been made yet. i think herman cain has to wait and see how the money comes in. i think he's got to talk to his family. he's going to return to talk to his wife who he speaks all the time and says this is clearly taking an emotional toll on her. i think we don't know what he's going to do. i think what we do know is that he's not likely to be the republican nominee, whether he stays in or gets out can he have an impact if he stays? gloria borger thanks for your time? police in los angeles and philadelphia force occupy protesters from their camps. both big city mayors here to explain? next, president obama hits the road and comes face to face with his perhaps his big effort re-election challenge. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. shouldn't it be given in an amazing way? 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>> no. john, that's a ridiculous political argument. one thing that's abundantly clear right now is the people in scranton that i represent, the place that i lib, the county within which i live and state they want us to focus on job creation and we're doing that this week, especially by working to pass the payroll tax bill. and they want me to vote. i've got to be here for votes, whether it's on the payroll tax, but today it was on the defense authorization bill. that's my job and i'm doing my job. >> so we'll see you time and time again side by side with the president over the next 11 months, right? >> sure. it will be a long year. it's an election year. we'll be on the road a lot. >> we'll hold you to that, senator. republicans are skreptical. you say you're here for the votes of the payroll tax cut. other important votes in washington. the president is in your hometown today. listen to what the mayor said. he's created saying, people are afraid, i remember when reagan was president, unemployment was high and interest rates were through the roof but we always thought things were going to get better. today we don't think that things will get better. four years ago it was about hope. now it's about his record. you know this was tough for the president, your area of the state four years ago anyway. can he win pennsylvania? >> i think he can. by the way, the lackawanna county second only to philadelphia last time, but in percentage of vote for the president. look, times are very tough. we have almost 10,000 people out of work in lackawanna county. across the state it's 500,000, above 520,000. these are still very tough times. what most people say to me, at home and across the state is, they don't ask you about the politics of washington or polls, they ask you one fundamental question what are you doing about jobs? what can you do to help us create jobs or at least create the conditions? one of the best ways to do that is to cut the payroll tax for -- cut it in half for employees and employers to jump start, to kick start the economy. >> the question is, can it make a difference fast enough? ronald reagan has a strugging with the economy but it was growing briskly by the time he ran for re-election. he frame the famous question, are you better off now than four years ago to beat jimmy carter. the record in lackawanna county, your home county, scranton, november 2008, unemployment rate 5.9%. right now 8.5%. statewide, november 2008, 5.6%. october 2011, 8.1%. president obama is the incumbent. people aren't better off than they were four year ago. how does he make a better connection with the white, blue collar voters with whom he's long struggled? >> john, it's still a very tough economy, even in the aftermath of a recession. in other words, the technical definition of recession ended a long time ago. the problem is we have very high unemployment rates. the best thing we can do, i say this about myself or any elected official all the way to the president, we've got to focus on the concerns that real people have and their lives of struggle and sacrifice and that's -- it's one issue, and it's only one issue, it's jobs. if we do that we can begin to turn those numbers around. we saw at the end of last year when democrats and republicans came together on a bipartisan tax bill, the economy got jump started only for a couple of months, but we've got to do that again so we can continue that kind of economic expansion throughout the year. john, i know those numbers are very difficult to deal with but i have no doubt that if we come together, working together, democrats and republicans, we can move the economy in the right direction but it's very tough for people and we've got to acknowledge that. >> as you acknowledge it, if you look at those numbers there are more numbers, governor romney runs in a dead heat with the president which has been blue the last five elections. 52% of residents of your state disapprove of the president. i know you think the economic numbers getting better would help some. is there something, and this has come up time and time again, especially in blue color communities, something in the way he communicates, something he has failed to do to develop a personal connection? >> i don't know, john. i'll leave that to the political scientists. i think what most people expect of us is that we really do everything we can to focus on jobs and the economy. if we continue to do that i think the president's going to be better off. >> senator bob casey, appreciate your time tonight, sir. >> thanks, john. the president's blue collar dilemma, james carville and ron brownstein. james you know the state very well. senator casey was just there. cavil and begala made their name helping his father, bob casey in pennsylvania. right up here, this is hillary clinton in the democratic primary. yes, president obama carried it in the general el find what in pennsylvania they call casey democrats. national politics we might call them reagan democrats. should this president be worried that in places like this in there is state, across the country, he will lose these voters? >> tomorrow night, it will age me, we'll have the 25th reunion of bob casey's gubernatorial campaign. i'm sure i'll see senator casey tomorrow night also. look, i don't know ron -- i don't see how a democrat could win without winning pennsylvania. you know, look, it's tough, and it's been probably hit harder than most places in the country, but he's going to have to dig in there and get it. it's been reliably democrat nick presidential years. i think that they confident that they can carry it. i suspect that they might be able to. if they lose it i suspect they'll lose the presidency. it's a hard state. it's not an easy state but it's a must-win state. >> it's a bellwether, too, because if it happens in pennsylvania if the president lose lose pennsylvania because he's losing blue collar voters, he's probably going to lose ohio, lose michigan, these going to be in trouble across the industrial midwest. i assume his own state, illinois, that i circled he would get. ron, if you pull up this graphic here, look at this, pennsylvania, ohio, indiana, michigan, wisconsin, minnesota, he won them all last time, that's 85 electoral votes. he can't afford to lose more than one especially not any of the big ones. >> pennsylvania i agree with james, pennsylvania is probably a must-win for obama. it's the blue wall, 18 states that voted democratic in the past five elections. blue collar, white voter will be difficult for him there. one reason pennsylvania has been part of the blue wall is that it's more possible to overcome a poor performance in the white working class than it is elsewhere. remember, john, 2008, barack obama won 42% of white voters are without a college education in pennsylvania and still won the state by over 600,000 votes. he did that because he assembled what has become the modern democratic coalition. a big vote among minorities especially philadelphia and a massive vote as well among those white collar college educated white suburbanites outside philadelphia. he won those suburban counties by 200,000 votes more than jo john johnny. those voters moves back to the republicans to pat toomey. >> towards the republicans, james carville, sometimes we make politics maybe more complicated than it really is. quinnipiac poll of the people of pennsylvania, are you satisfied or dissatisfied with the direction of the country now? 80% say dissatisfied. heard to be an incumbent that says i know you're furiously unhappy, why don't you give me four more years? its challenging. come back to what ron said about the philadelphia suburbs, 1986, if we got 40% in the philadelphia suburbs, we were golden. now democrats carry that. but they also lost a lot in the republican tea. i think it's going to be awfully close. you know, if the president doesn't carry pennsylvania, he's not going -- he's not going to win the general election. if i had to guess right now, i guess he will, but he's got a lot to lose. he carried it by ten points. he can drpop a lot and carry it and i suspect it might be what happens. unless there's some improvement in the economy, it's going to be very difficult for him. but it looks like things might be moving in the right direction, that could help him. >> real quick, i think the odds are very high. for all of the reasons that you discussed that barack obama will not match the meager 42% of the vote that he won among blue collar whites in pennsylvania last time. he lost the suburban counties outside of pittsburgh by twice the margin that john kerry did. i think the key for him in pennsylvania, and maybe the whole country, is going to be be white collar whites who have been more supportive of him in the past. in pennsylvania they moved sharply away among barack obama carried 52% of them in 2008, they moved sharply away from sestak in 2010. if he can't recapture those voters in 2012, given with the blue collar whites very hard to win pennsylvania. if he doesn't win pennsylvania, thoords get to 2070. >> sestak came close in a model that really, really favors the republicans. they will never get anything like this mod until 2012 like they got in 2010. keep that in mind. the democratic profile is going to be much better. i don't think anybody would argue that. >> we'll spend a lot of time in the suburbs figuring out the answer to that question right there. the man who tried to assassinate president ronald reagan is asking to go free. the legendary abc white house correspondent sam donaldson and the secret service agent whose quick thinking may have saves the president's life 30 years ago. occupy l.a. protesters get overnight eviction notices. two big city mayors defend their decision and police forces. a new belt. some nylons. and what girl wouldn't need new shoes? 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[ male announcer ] medicare open enrollment ends soon. call 1-800-medicare or visit medicare.gov to learn more. in a night of anger and arrests los angeles and philadelphia became the latest cities to clear out campgrounds of protesters affiliated with the occupy wall street movement. in both cities, the evikdss were peaceful mostly. tv helicopters were overheard -- overhead as philadelphia police moved in at 1:00 a.m. some scuffling, 52 arrests, 1 protester, 3 officers were hurt. in los angeles, the arrests totals and pictures are more dramatic. officers in l.a. report hearing lots of profanity in their predawn raid but no violence. 200 people arrested in l.a. with us mayors of both cities, michael nutter of philadelphia, and antonio villa rego 15 of los angeles. you praised the police officers in your raid, some of the protesters praises them as well. respond to this blog posting from ruth fowler, an occupy protester. none of the protesters i was with had been violent, none destroyed property. none were evener tomenting the police. violence i witnessed was pretty intense. the cops were pissed and wanted to hurt people. they were running and beating people who were simply running away, trying to escape. did that happen? >> it didn't happen. she was watching some other image and some other city and in the city of los angeles there were no injuries, to my knowledge, certainly no serious injuries. there was no violence. she's right that the protesters did an incredible job of being peaceful, as they have really throughout the 68 days. but let me be absolutely clear, i couldn't have been prouder of the los angeles police department last night. it was their finest moment. there have been ups and downs in our department, as you well know. but yesterday was a sight to be seen. it was a magnificent display of constitutional policing. we believe that you can exercise your first amendment in the city of los angeles, we believe that you can speak out against the government, and that our police working with our community can also respect those first amendment rights and we did. last night and throughout the 68 days of occupy la. . >> mayor nutter, why now? why both big major cities deciding you've run out of patience? a strain on your resources? have the protesters become a nuisance, why now? >> for us, john, it was, quite frankly, related directly to a new construction project that we told -- i told personally occupy philadelphia about when they met with me back on october 5th. so, i think the first thing here is both mayor villariagosa and i wanted to dispel any notion there is any connection between what happened in los angeles in terms of their action, versus what happened in philadelphia and our action, that may have literally been around and about the same day, same time. but ours is related to a construction project, certainly i voice concerns about public health and public safety issues. but we gave notice to octobercu philadelphia ten daze ago their permit was expiring we gave them another permit for the area across the street from city hall the question, gentlemen to los angeles, first, where is the movement heading? you've voiced support for their goals. mayor nutter, you mentioned some of them, you went to visit them in october. is this a protest movement, a political movement, a nuisance movement? where do you see it going? >> i think it has very real p s prospects of becoming a serious movement here in the country. the issue they've raised of economic justice, issues of concentration of wealth, the disparity of wealth and poverty, the growing evisceration of the middle class, the jobs deficit it can be a movement if they understand that people in this country want to see a nonviolent movement. i come out of the civil rights movement. i can tell you the power of nonviolence is a power that went unleashed can produce tremendous results and change. if it degenerates, as it did in some cities, then i'd say that it won't have that lasting power. >> and mayor nutter, that is the question. who are they? what impact might they have in the sense that we saw tea party protests before an elections and we know whaet happened, the tea party sent a message to the country and helped republicans get back the moups house. do you see this here? some say these are fringe kids on left and it will help president obama by not voting. >> we are look fog partner with the members of octobcupy philadelphia on reasonable solutions, maybe national in scope but have a national impact. we're looking to work with them how to improve philadelphia. i can't do a lot about the entire nation but i am going to try my best, i know mayor villariagosa is in los angeles to improve our environment here. that takes partnership, focus, people being willing to get together and work. you can express your first amendment rights. i don't necessarily know it has to involve sleeping and tenting, et cetera, et cetera, as they say, it's free speech, not free sleeping. >> gentlemen, appreciate your time tonight, thank you. >> thank you, john. >> thank you. coming up here, mitt romney is complaining about comments taken out of context. who is he blaming? here's a hint. not himself. welcome back. the latest news you need to know now. reverend billy graham is in a hospital tonight for evaluation and treatment of his lungs. a statement says the 93-year-old was alert, smiling and waves to the hospital staff when he was admitted. today the first lawsuit was filed against jerry sandusky, the university and sandusky's second mile charity. unidentified 29-year-old man claimed sandusky sexually abused him more than 100 times when he was a boy, and threatened to harm his family if he ever told. secretary of state hillary clinton arriving for the first visit by a u.s. secretary of state in 50 years. up next, why mitt romney's complaining he's being taken out of context.t me im ell you aboua vey portanphone call i made. when i got my 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thousands of dollars. call this toll-free number now. will be giving away passafree copies of the alcoholism & addiction cure. to get yours, go to ssagesmalibubook.com. if you're following the presidential cal pain you know mitt romney's opponents, democrats and republicans, are hammering him for his flip-flopping on the issues and running tv ads featuring snippets of old speeches and interviews. romney complains last night on fox news, the ads take him the of context. >> i'm sure you've seen these ads using videotape of you in previous years speaking on various issues and it it seems like it's in direct contrast to positions you take now. >> well, i'm glad that the democratic ads are breaking through and you got to see them. >> john huntsman has a couple ads that do the same thing. >> people will take snippets and take things out the context and show there are differences and some there are not. one place i changed made mind, the government's role relating to abortion. i am pro-life. i did not take that position years ago, sathat's same change that occurred with reagan and bush and others in the life movement. >> eric erickson, redstate.com. not a fan of mitt romney. also with us, republican strategist with john mccain last time around. you both heard governor romney acknowledging he changed his position on the abortion issue. he says other people are taking him the of context. i want to use one example. here what happens governor romney said in our national security debate a few days ago on the illegal immigration. we're not going to have an amnesty system that says people who come here illegally get to stay for the rest of their life in this country legally. they can stay. if they came illegal le, they can't stay. here what happens he said in march 2006 i don't believe in rounding up 11 million people and forcing them at gun point from our country. with 11 million people, let's have them rej sterds, they are here paying taxes, should begin a process towards application for citizenship as they would from their home country. he went on to say they shouldn't have special treatment. to say in the debate people who come here illegal don't get to say here and then in 2006, let's register them, a path application for citizenship, that's a change, is it not? >> i think -- on some level it's harder to find consistency than it is to fine inconsistency with the former governor but that's true for many politicians. you can parse the same things with president obama. and frankly, you can also do it with almost any political candidate who served in office for as long as they have. the problem is that when you can showcase flip-flopping, it gets to character. the american people don't like it. they'd rather know that you are consistent and disagree with wow on a few things than believe you change your shape in order to suit the whim of the pubic. >> nancy is among them at the moment those who say at moment, based on the data, romney is the strongest nominee because he runs most credibly against obama. you are couldnone of the consers who says if he's the nominee -- >> not all of them, not the most of them, it's funny, last week the president was complaining that mitt romney's campaign ads were taking him out of context. the problem for mitt romney, though, is that on pretty much every single issue from immigration, with the exception of health care, he's been consistent on the individual mandate, but every other issue, he has taken multiple sides on multiple issues and some issues he's lined up with barack obama and flipped and in some cases he's flipped back. it's very hard to look at the john kerry campaign in 2004 and think the democrats have a lot of money, they could do to mitt romney what george bush did to john kerry. >> you can say, speaker gingrich said this the other night, he's changed his position on the individual mandate on health care, he says i was wrong, or i've changed my mind. i don't know any adult who over 20, 30 years hasn't changed their mind on one, two, three, four things as you learn more information, circumstances change. is that something that governor romney needs to communicate better on the issues where some of them he's changed a lot, some he's changed a little, say, yes, of course. >> the reason these two gentlemen are on top we're seeing the republican base at least want someone who is articulate and able to take on president obama and win in a debate. he needs to use his words more wisely. i think speaker gingrich -- former speaker gingrich is more sp sper persuasive when he talks. he has not had the same scrutiny on the flip-flops and those who watch this are well aware of them. >> john, i would say, to some degree with mitt romney it's not the flip, it's the flop. he's gone from one position back to the original position. at the same time it's also the consistency and time to elections that conservatives have a problem with. he didn't become pro-life until he began to run for president. he didn't change his immigration position until it started dragging john mccain down in the polls in 2007, things like that make conservatives suspicious. as nancy said to gingrich's credit, he's said, look, i've completely change made position and here's why. mitt romney needs to do that. >> ron paul is taking after wha flipflops. we'll see how this plays ahead. erick, nancy, thanks for coming in. an ex clues sufficient conversation just ahead with the secret service agent whose split second decision changed it -- since that event, sam donaldson was then. he's right here now. we're america's natural gas and here's what we did today: supported nearly 3 million steady jobs across our country... ... scientists, technicians, engineers, machinists... ... adding nearly 400 billion dollars to our economy... we're at work providing power to almost a quarter of our homes and businesses... ... and giving us cleaner rides to work and school... and tomorrow, we could do even more. 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are you thinking? >> i'm thinking he may die. i really did think that. one of the last things i did when i was -- when they took him for his major operation. they had him pretty well stabilized but he was still losing blood. i went up to him and looked him in the eye and i said hope -- god, i hope you preserve this presidency or you live. because i was around when president kennedy was killed. i wasn't there, but i was in the service. >> our business -- you mentioned you have to run and get on the phone. can you imagine in the days of twitter cell phones, someone streaming it on the internet. our business changed a lot since then. how would it have been different? >> well, if we had a live camera, everybody would have seen it happen. that's what happens today. i think people would have understood the president of the united states had been shot at. often, live stuff without editing and without someone to explain what was on the other side of the picture can mislead. >> time gives valuable context sometimes it was routine back then. >> what changed about your job back then? >> use mag no tomorrowteres and put the crowd back further than it was that day. they got pretty close. if you look at the rope line, it was 15, 20 feet of him. >> it was sfwg interesting to me after president kennedy was killed, presidents didn't ride in an open car and sara jane moore takes a shot at gerald