presidential candidates about their marathon battle. and your child or grandchild may be the target of identity theft. it turns out youngsters are at high risk for a crime that could scar their financial record for years to come. we want to welcome our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. it s looking more and more as if the united states supreme court will cut the heart out of the health care reform law, that s the part which would require americans to buy insurance. if that mandate is found unconstitutional, it s an open question whether the rest of the law could survive. the court held three days of historic arguments this week. kate baldwin and jeff riff toobin were both inside for every minute of those oral arguments. let s start with kate. first of all, what was your take? you know it s impossible to predict. but after three days, as you mentioned, and more than six hours of oral arguments on the fate
chancellor that things will be changing as well. i m wolf blitzer, you re in the situation room. all that coming up, but first, a campaign triple header right here in the situation room. i ll interview three republican presidential hopefuls today, mitt romney is on deck, rick santorum follows the next hour, right now the republican presidential can da aial candid. the former speaker of the house newt gingrich. spiker, thank you for coming in. eeveryone seems to agree that getting to the magic 344 for you right now before the convention isn t possible, do you agree with that. sure. look, i think the front-runner s clearly mitt romney. he s the weakest front runner in modern times, if he can get to 1144, he s the nominee. but if he can t get to 1144, on 26th of june. it will be a wide open primary at that point if romney can t clinch it, i think it becomes pretty wide open. so you have absolutely no intention of dropping out of this race any time between now and the end
efficiency. that s the whole idea of coming up with new games to play, new processes, new products. so, when you think about what private equity does, part of the issue is in our tax code, we have a very, very strong preference for debt finance over equity finance. absolutely true. so, that s the situation where what private equity does, it s trying to allocate capital better within a firm or across firms and also trying to enhance operational efficiency by saying, hey, you have huge debt payments so it s going to discipline you. the same way folks say, if i don t make a mortgage payment, i m not going to save, i m not going to build assets otherwise. the thing we really need to make an economy grow, to make job and wage growth increases adaptive efficiency. that s not the stuff that a private equity folks do because they re doing more of this ground level combat. the problem with adaptive efficiencies, we re not going to have a lot unless you have a lot of new entrants in the econ
that s the whole idea of coming up with new games to play, new processes, new products. so, when you think about what private equity does, part of the issue is in our tax code, we have a very, very strong preference for debt finance over equity finance. absolutely true. so, that s the situation where what private equity does, it s trying to allocate capital better within a firm or across firms and also trying to enhance operational efficiency by saying, hey, you have huge debt payments so it s going to discipline you. the same way folks say, if i don t make a mortgage payment, i m not going to save, i m not going to build assets otherwise. the thing we really need to make an economy grow, to make job and wage growth increases adaptive efficiency. that s not the stuff that a private equity folks do because they re doing more of this ground level combat. the problem with adaptive efficiencies, we re not going to have a lot unless you have a lot of new entrants in the economy. that s
cain has been battling serious image problems. he s accused of sexual misconduct and have a 13-year extramarital affair. here is how cain ended his campaign. so as of today, with a lot of prayer and soul searching, i am suspended my presidential campaign. given the recent accusations of extramarital affairs, was this cain s best recourse? cnn s wolf blitzer joining us now on the phone from hollywood, florida. wolf, was this cain s best option? you know, under the circumstances, he really didn t have any other choice. his poll numbers had really gone down over the past few weeks since the first allegations of sexual harassment by four separate women came forward and when this other woman alleged a 13-year extramarital affair. the money was drying up, the poll numbers were going down. in october, he was in the mid-20s among republican likely caucusgoers in iowa. now he s down to 8%, some were suggesting he was going down to 4%. it looked like it was all over. and it obvio