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October 25, 2011
explosions in kenya that killed 1 and wounded 20 others. the blasts come two days after the u.s. embassy in kenya warned it had credible information of an imminent terrorist attack. a bright moment in turkey. a young boy was among a handful of people found alive in the rubble after sundays devastating earthquake but the countrys disaster and emergency administration has just raised the death toll to 366. the defense is set to call more witnesses tuesday in the manslaughter trial of m...
March 8, 2011
The euro is down about one-fifth against the dollar, currently trading at 1.3935. the pound is flat at the the moment, the pound not being helped by news coming out of a leading trade body. we have a new npc member on the bank of englands rate setting committee. that is in focus. in britain, the japanese yen trading up three-tenths of 1% at 82.49 as you can see there, andrew. all the major indices ending the day in positive territory in asia. hong kongs hang seng up 1.71. petroleum and gas sha...
August 10, 2010
Her a less favored child for bringing them back from vacation. republicans say the measure will add to the countrys budget deficit, democrats say it will save at least a billion dollars off the deficit and its fully paid for by closing national tax loopholes, cutting money for food stamps and rescinding part of the earned income tax credit. for every dollar the budget office does comparisons about the amount of money you spend and how much comes back into the economy, they say every dollar you s...
August 3, 2010
Agree with palin and boehner and oconnell, its okay to stimulate the economy with which is the preface stuff, whats the most effective way to borrow -- to stimulate the economy? >> the most effective for stimulus is food stamps, $1.71 for every dollar versus the bush tax cuts. were cutting stimulus right now, cutting food stamp right now to pay for state and local aid thats better than tax cuts. the argument that the republicans are giving to democrats is you dont want to allow a good stimulus l...
August 3, 2010
If we agree with palin and boehner and mcconnell that its okay to borrow to stimulate the economy, which is what theyre saying after that whole preface stuff, whats the most effective way to borrow to stimulate the economy? >> well, the most effective thing we can do for stimulus is food stamps. you get $1.71 of stimulus foefr dollar you spend versus the bush tax cuts, which is 32 cents for every dollar you spend on them. but we are in fact cutting stimulus right now or were cutting food stamps ...
August 3, 2010
>> if you cut out the preamble youre talking about, agree with palin and boehner and oconnell, its okay to stimulate the economy, whats the most effective way to borrow to stimulate the economy? >> the most effective for stimulus is food stamps, $1.71 for every dollar versus the bush tax cuts. which are 32 cents for every dollar you spend on them. were cutting stimulus right now, cutting food stamps right now to pay for state and local aid thats better than tax cuts. the argument that the republ...