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You did spending you couldn t get the decifit down. the sequestration is not engraved on colden tablets, it is a notional aspiration. and those of us, and i think we ve had sufficient support to prevent those kinds of cuts being enacted because of the impact it would have an national security. martha: sounds like things are happening any time soon? we ll see. the supercommittee deadline is november 23rd. next hour we ll take a look at what s really on the table in this deal and whether or not they re going to be able to come to any sort agreement. bill: no wiggle room. all right, the polls are open now, in the battle ground state of ohio and voters will decide the fate of two critical issues in that state, one is on health care. the other is on unions and the future budget of the state. a hot battle on collective bargaining where the results could have a ripple effect across the country. ohio state senator keith faber supports the measure, he played a key role in working to revise ....
Debt. the fed was buy a huge amount in qe2, they re done in june. and today one of the biggest bond funds the biggest hedge fund in the world announced that they re short, the treasury bond. in other words, they re selling the bond. they re not buying it. so i think we re in you know, facing this serious crisis within weeks and months. let me stop you. yeah. not to disagree which i often do with you, so that everybody understands. what you re saying if nobody is willing to buy the debt you can t sell it and then the interest ratings will go up. the higher interest rates will pull other buyers into the market. so you re saying may be hitting that crystallization where the market is saying forget it, we won t buy the debt and then it all collapses? yes, we re at a point where the bond will start falling as people sell it. the smart money sells it. and as the traditional buyers aren t there, interest rates will go up. then the crisis will crystallize. but i think the congress ....