federal government and would the real economy react well or take a hit because of less government spending? >> the longer term view is bonds substantially lower, interest rates higher if it weren't for bernanke, we have a chance to avoid what happened in greece, avoid what's happening in spain, we are on that trajectory. people are very worried. there are great minds, we ridicule wall street constantly but the guys who do control trillions say this is the fulcrum moment we have to get this done not just debt ceiling, a radical valuation how we handle the deficit and interest rates stay down after bernanke finished buying bonds, it would be a huge positive. people are worried about us being a casualty just like what we're seeing right now in spain and portugal. >> does the end of qe-2 mean this levitation you're talking about in the market come down. we have gotten huge monetary