Page 713 - 08 News Today

Prudential, earning 1% interest on their account. now they are suing after calculating that prudentials return on the money was 5.7%. almost six times what they were getting. paying families a pittance in interest is just part of the case against prudential and other life insurers. also raising questions about the insurer, keeping benefits in corporate accounts instead of issuing lump sum payouts to families. lose all the widows money gambling. well, its a good leverage for a bailout in 08. isnt...

The story in the blago trial, some saying his political future has been stung a bit by all of this attention. tell us whats going on. >> reporter: you know, martha, it came out in the trial numerous times, as a matter of fact, that a group of indian american businessmen had raised money to give to the rod blagojevich campaign for him contributing to the jesse jack jon campaign. outside of the presence of the jury, jackson became aware of this effort in october of 20 08 and one properly nent chic...

Bonuses, and got to continue with the same system. theyre making money at your expense. corporate profits in the first quarter way up, in fact. totalling 1 trillion dollars at the moment. only a fraction of what they took from us in 08. but its still a lot of money. dont expect anyone to hire you. unemployment is south of 10% and rising steadily as corporate profits increase. nothing is more profitable than chinese slaves, robots, or bank gambling. if youre not into one of those three things, yo...

Viewers, gross domestic product, you see in 08, thats the left, 2008 into 2009 is the left when it was negative. thats when we were in recession. above the line is when we came out of the recession, the growth, 1.6% in one quarter. the fourth quarter last year, 5% growth. everyone thought maybe we turned a big quarter. since, 3.7 and 2.4. thats growth, better than being under the line. but its not energetic. the president can say, eric, its not great, its not perfect, but if you go back down tha...

The hook for union pension funds that are potentially 160 billion dollars or more in arrears. >> well thats interesting, in every piece of legislation that has any nexus to the labor force, to unions, theres something in it that gives benefit to the unions. thats the democrats way of paying back and many of them admitted it, for what they believe was the political support they received in 08. the difference is they know, the democrats know, their numbers arent as robust after the november 2010 e...

It goes to the supreme court, saying it would be making a final justified statement regardless. russell pierce, who helped write the law that is the source of so much contention and debate and protest today. russell, what do you make of the latest? >> well, you know, this bill did a long time making, we introduced the bill in 05, 06, 07, 08, 09 and finally signed in 2010. the judges decision was a terrible decision. not only did she set atied important points but the important thing is sanctuary...

Happened in downtown. and theres not a day now where a republican doesnt stop me on the street and give me a hug or shake my hand. its been a good experience for me to be amongst people -- we dont necessarily share the same politics, but were all americans. were all in the same boat and have to sink or swim together. >> larry: you know, mike, you capitalists constantly amaze me. anyway, you said you had a tough time finding -- finding american -- >> its all non-profit. its all non-profit here. >...

Representatives are, your voters are not really interested in continuing this war at the pace that its going. what theyre more interested in is withdrawal. what im saying, bill, is that this really doesnt surprise me, because this is where i think most liberal democrats are philosophically on war generally and even on the afghanistan war at this point. bill: specifically with the war, youre probably right about that, but put that with the governor of pennsylvania, the democrat ed rendell, he sai...

In 08. gary is on the phone with us. and gary, what are your thoughts on this story and this development that will come as a shocking development for many? >> well, tony, this is a big story, because basically, the only reason warren jeffs is in prison right now is because of this conviction. so the possibility exists, and we dont know for sure, but the possibilities exists that he can for the first time in four years be released from prison. because the utah supreme court has overturned the con...

Because theyd need a republican ton come along, and so far, only senator snow, republican of main, has not said which way she will go all the other republicans are against it they would like to get this done. even if they cant, they get to make the case and accuse republicans of being on the side of corporations i and unlimited spending in elections, while democrats say they want to have the process be more fair. now, republicans see this as being much more political. they are sthagt presidents ...