it s ignorant. ron writes in the short term it seems obvious that they have to. however, i d like to see a tie to legislation that makes real, absolute, positive steps towards cutting spending. both things must happen. why not do them altogether? and ed in maryland says if i could loan myself money indefinitely by raising my imaginary ceiling, i d do it. if you want to read more on this go to cnn.com/caffertyfile. thanks very much, jack. happening now, he s bailed out foreign governments. as the powerful boss in a key world agency. but there s no bailout for the chief of the international monetary fund. he s jailed on a long list of sex charges. pakistan agrees to return the wreckage of a secret u.s. helicopter which crashed during the bin laden raid. will that help put relations back on the right track? and he tantalized the media and the republican party by saying he might run for
and president obama makes some high school students cry. this hour, the inspiring against the odds story that brought the commander in chief to their school. i m wolf blitzer, you re in the situation room. first this hour, the shrimping republican presidential field. we ve seen prominent contenders opt out of the 2012 race in recent weeks, including former arkansas governor mike huckabee. say so long to the prospect with the biggest name, deepest pockets, and most outrageous remarks. that would be none other than donald trump. he announces an event to report the tv series, celebrity apprentice. after getting so many called from bob and from steve and everybody, i ve decided that we are going to continue onward well celebrity apprentice. we re going to continue making lots and lots of money for charity. i will not be running for president as much as i d like to and i want to thank everybody very much. thank you very much. it s been a great season. thank you. let s br