then, the republican race for the white house. the hands-on debate moment that signals a nasty turn in the primary fight over taxes, health care, and immigration. rick, i don t think i ve ever hired an illegal in my life, so i m afraid i m looking forward to finding your facts on that. i ll show you what the facts are. rick, again i was speaking. i m speaking. and this morning our meet the candidates series continues with texas congressman ron paul. he s raised $12 million this year, came in a close second in the iowa straw poll, and is now spending millions on television ads in early primary states, attacking rivals romney, perry, and cain. this week he unveils his prescription for the economy. can he energize voters and break into the top tier candidates? finally our political roundtable. are republican voters closer to making up their minds after this week s debate? and where will the leadership come from to get the economy growing again? with us, former chai
happen ve. the super committee is guaranteed if they get an up or down vote in the congress with no other plans that had. this does not mean there cannot be a deal. host: what about the role of the white house? the white house does not have a direct role. they are more of an influence in terms of setting the tone. the white house has set a tone for the democrats which is that we are willing to compromise. it is unlikely that republicans will come to the table and propose a raise in taxes and democrats say now. they have gone through several rounds of this already. there were intense rounds of negotiations with speaker john boehner. the question is less about how we do it and where we can cut and more about where the politics of art? are. host: what about senator sanders relationship with harry reid or democratic leadership in general? do they feel the pressure from my center centers? from senator sanders? he is out on the left. i m not sure they pay that much attent
either. jonathan, as you mentioned in the business community they all want a profit. how in your opinion do they do that? it is more and more difficult in an environment in which every move you make is suspect. am i think are still smarting over the last couple years, feels the president has made business in general, profit-seeking in general an immoral activity something to be looked dn on. there s a suspicion ultimately the president says he believes in a free market but his version is one where the government is picking winners and losers. the great american success stories, mcdonald s, wal-marts, come from freedom of competition not from government involvement. that produces amtraks, freddie macs and fannie maes of the world. outside of investing, there s a call for more government regulation. you ve touched on that but you probably wouldn t agree that.
standoff in egypt is one in the morning in cairo, top political leaders calling it quits. protesters are still in the streets demanding more. i m heather childers, welcome to another hour of america s news headquarters. and i m gregg jarrett. some of the most powerful political leaders in egypt stepping down, including the president s son that. is not stopping egyptians from gathering in the capital. charging regime changes fall too short. president mubarak shows no signs of resigning any time soon. dominic who stepped down today? reporter: the biggest name of all was gamal mubarak the son of hosni mubarak who was being groomed by his father to take over to ensure the mubarak family would continue in egyptian political history. that now seems certain it won t happen. also, we saw the secretary general of the national ruling party quit as well. shah reek has shafiq has also resigned. that name not as much as gamal going. it was just several days ago president obama was
a trillion and a half dollars of buying mortgages and treasury bonds. that was qe-1 between march of 09 and march of this year. now they re doing another round where they buy treasury bonds and mortgages and that s how they do it. when they go to the mortgages, buy the mortgages, i know they bought toxic mortgages the first time around, they re buying new mortgages. who determines the price, and do the banks get to pick the worst mortgages? you see what i m saying? from what i understand this is a wink-wink, nudge-nudge system. they talk to the guys and say we re going to buy a bunch of x. in a week and a half or sew you can sell it all to us. they go out to the market. it s basically a bailout of the banks. if you re at, say, one of those big banks, multinational banks, you go out and buy fannie maes or whatever it is. if a week and a half s time you can sell it to the fed above market rates. it s basically free money.