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then what if the americas threw a party but didnt invite us? it happened, and ill explain. next, more than 60% of the vote in egypt this week went to islamists. how worried should we be? then, is shale gas the answer to all americas troubles or at least to many of them? youve heard about fracking, what is it, is it safe? find out. first, heres my take. president obama gave an important speech in kansas last week. whether you agree with all of it or not, he has begun a national co...

Trimmed. from 6.2% to 3.1%. giving the average family $1,500 . paid for by increasing the fees fannie mae and freddie mac charge mortgage lenders. parring down the surtax on millionaires from 3.2% to 1.9% of the gross adjusted income. >> republican and congress dismiss it at their peril. >> that not so subtle political threat may not sit well with republican supporters of the tax cut like susan collins. she charges the president has not really reached out to republicans. suggests even a modified...

Give a benefit to businesses. 98% of all businesses would see a reduction in the payroll tax. that gives them money to invest in their business as well to grow this çeconomy. and for those companies willing to hire more individuals, we give them them a total elimination of the payroll tax for the next year. this is an opportunity for our families to get more money in their pockets. its also an opportunity for businesses to be able to grow their employment base, grow their businesses, and its f...

Tax cut that disproportionately helps middle income and poor people, and were going to do this on unemployment insurance, were going to pay for that, because we made sure we said we care more about the deficit than the country. tax cuts are interesting creatures. if tax cuts always, always, always create jobs, i wish somebody in america would show some el where in the hell those jobs are. if youre of the 9.1% than unemployed, those tax cuts did not create a job for you. >> vis-a-vis we know that...

good morning, its thursday, november 10th. this is your "a.m. wake-up call." im carol costello joining you live from new york this morning. >> the board of trustees have decided that effective immediately, dr. spannier is no longer president of the university. in addition, joe paterno is no longer the head football coach, effective immediately. these decisions were made after careful deliberations. and in the best interests of the university as a whole. >> this morning pen studen stat ...

Penn state footballs former defensive coordinator was arrested today on charges that he sexually abused eight boys. jerry sanduskys attorney says he maintains his innocence. a magnitude 3.2 earthquake shook the san francisco bay area this afternoon centered about three miles southeast of downtown berkeley. no reports of any major damage or injuries. dont forget to set your clocks back an hour before you go to bed tonight. its the end of daylight savings time. now back to "lockup." due to mat...

Apologize to his family for doing his job. so if it wasnt for the mexican consulate writing a letter requesting that something be done, this wouldnt have happened. the alien never complained while he was in custody. he never sought medical attention until the consulate got involved. >> where do you take it from here? what is your recourse? >> right now, we are in the appeal process. the appeal has been filed. we are trying to do everything we can to keep my husband where hes at. hes about 3.2 mi...

>> so i guess game, set and match for the conservative guys who say cut it. look how great were doing. >> that was sarcasm. >> yeah, way to go. did your accountant from schenectady tell you that? show us your charts. >> we want to talk about occupy wall street. i think the point is that underneath all this rhetoric and emotion and everything, there is a lot of substance behind what theyre saying. the first thing to look at is whats happened to incomes since this recession. theyre down 2.3% in th...

Fourth week now, the crowds are continuing to grow around the country. as protesters express their anger at the bleak economic situation many americans are facing. now there comes a report that adds some validity to that anger. according to "the new york times," average household incomes fell more after the recession than during the economic crisis itself. during the period between june 2009 and june of this year, household incomes fell 6.7% to just under $50,000 compared to a 3.2% fall from dec...

Long-term fix for europes debt woes. economic coordination in the euro zone in time for the next g-20 summit on november 3rd. the board of dexia has accepted a rescue plan set up by france, belgium and luxen bourg. aluminium giant alcoa announce profits. and investors will get the results of pepsico, google, and jp morgan chase. after retailers reported good back-to-school sales last week the government will weigh on in on takes from receipts. household income declined more in the two years ...