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Buchanan: Obama Not Afraid Of Going Over Fiscal Cliff Is "Arrogance"

GRETA VAN SUSTEREN, HOST: Any problems with the president if he leaves town before this is solved.

PAT BUCHANAN: I think the president is taking a tremendous risk here, Greta. And the reason is if this is not solved, and it looks like it's going to come apart, say on the 20th or 21st of December and he's splashing around in Waikiki, you could have a thousand point drop in the Dow Jones Average and people's 401ks being wiped out and their portfolios being wiped out. And he is sitting out there, I think that he's in real trouble politically.

This is a show of a certain amount of arrogance and confidence that he's not afraid we're going to go over the cliff, and if we do, he'll take care of it after that. But I think he's taking a risk and my guess is there are advisors in there telling him, 'Mr. President, you better keep that planed gassed up out there at Honolulu.

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