XML in Flash Text formating issue

Okay so I’ve seen this a few times and I’ve tried all the “fixes” but I’m still missing something here. I have “[CDATA[” tags and render as HTML turned on. My AS has HTML “true” and childNodes. However I still can’t get my text to render fonts in either BOLD or italic can someone take a look and see what I’m missing here?

http://www.solitaryearth.com/test/XMLText.zip