Strong advocacy for education health care and worker safety will be indispensable if they are to get their fair share of President Bush's austere budget for the next fiscal year.

Washington's answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The 'fiscal cliff' process was secretive and sloppy and the nation's so-called leadership lacked the political courage to address our root problems: joblessness and debt.

Spending $1 for a brand new house would feel very very good. Spending $1 000 for a ham sandwich would feel very very bad. Spending $19 000 for a small family car would feel well more or less right. But as with physical pain fiscal pain can depend on the individual and everyone has a different threshold.

If anybody ran a business like that they would be out of business quickly and Barack Obama's leadership is driving this business the United States of America toward a fiscal cliff.

My approach to cutting spending as president is to do a ten percent across the board cut of all federal agencies and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.

I think for business reasons fiscal reasons I think these cable networks can take greater risks and I think with a risk comes better programming. And I think USA has got an amazing identity to it now that is clearly defined with its 'Characters welcome' tag.

I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months and we've had the most amazing financial results possible over the last five years and we're predicting being back at double-digit revenue growth in fiscal year '06.