If you only extend -- if you extend the tax cuts for everybody making up to a million dollars, that means everybody making more than that gets a significant tax cut on their first million dollars in earning.

WHITEHOUSE: Press Briefing by Press Secretary Jay Carney,

And the magnitude of the tax cuts that you're talking about, Governor, would end up resulting in severe hardship for people, but more importantly, would not help us grow.

WHITEHOUSE: The White House

It could make this job situation worse if the defense industry takes a big hit at the end of the year, and also taxes going up, as you just mentioned about taxes, the Bush tax cuts expire.

WHITEHOUSE: Press Briefing

But today the reality is 23 million small businesses have benefited from those tax cuts, and if you repeal them, 23 million small businesses will see their taxes go up.

NPR: McCain Adviser: Priority Is Getting Economy Growing

Apart from quick cuts, there aren't any editing options, and storage and archival is pretty much up to you -- videos are auto-sorted into folders by date on import, but there's no search.

ENGADGET: FlipShare TV review