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Would admit when it comes to fannie and freddie we were wrong. bret? >> bret: thanks. banks that received bail-out money from the tarp funds reportedly are lending less and paying their employees more. "usa today" reports the forms granted 9.1% fewer loans and banks that did not receive aid cut lending by 6.2%. tarp banks upgraded payroll by 9.4%. non-tarp banks upgraded sales 1.8%. previously occupied home sales were up in march, ending three month of decline. application for first-time home be...

In. best-selling authors have to stick together. theyll be here in a little bit. while we look for them, lets get a look at todays top stories. well start where there is a big clean-up this morning. roads are torn up and buildings are cracked and electric posts have been toppled after a 7.2 earthquake that centered along the baja peninsula. yesterdays quake left at least two dead and was felt by at least 20 million people from mexico all the way to phoenix, arizona. the quake originated 6.2 mi...

State senator. [ applause ] >> sean: let me ask you, the senator is here and youre voice is a little bit >> i have laryngitis. >> sean: dont worry ill fill in the gaps. it wont be that hard. you are in washington. youve been there a lot of years. you worked out a lot of dees. you tried reach across the aisle. you tried to work with ted kennedy. have you ever seen it this bad? >> ive never seen it this bad nor have i seen a group so arrogant that we have in washington now. absolutely arrogant. th...

State senator. [ applause ] >> sean: let me ask you, the senator is here and youre voice is a little bit >> i have laryngitis. >> sean: dont worry ill fill in the gaps. it wont be that hard. you are in washington. youve been there a lot of years. you worked out a lot of dees. you tried reach across the aisle. you tried to work with ted kennedy. have you ever seen it this bad? >> ive never seen it this bad nor have i seen a group so arrogant that we have in washington now. absolutely arrogant. th...

>> one thing obvious to everybody is the boom and bust cycle is back, right? you get the big recessions and big boom, up and down, a lot of volatility. thats one reason why you have more recessions. the other reason is this pace of growth, how fast were able to grow during each expansion has been getting weaker and weaker for decades and thats happening to a lot of mature economies, not only the u.s., but its very evident in the u.s. so much so that the last expansion from 2001 to 2007 it was th...

Earthquake that rattled chile. look at this. this is closed circuit television showing the destruction from inside a hotel. would you look at that video? have you ever seen anything like that? wow! today -- just today chile getting shaken by another quaisk a 6.2 magnitude. new details today on how strained relations are between two countries known for their strong friendship. israeli media playing up reports that president obama snubbed israeli prime minister benjamin netanyahu. the president re...

Welcome back. were following breaking news out of chile where another earthquake has been reported. this one preliminarily 6.2 magnitude. thats the preliminary magnitude were getting. this happened in chile. the 6.2 preliminary magnitude of this quake in ata krchlataca ma. in 45 minutes were expecting authorities in florida to announce a major development in the sommer thompson investigation.

You have to have been out of a job for two months, 60 days. thats a 6.2% payroll tax. it can be up to $6200 a worker. if the worker stays employed for a year, the company gets another $1,000. youre hiring people at a discount. the hope is it may create, by some estimates up to 300,000 jobs. some people think it wont be the case. does this sort of thing make companies hire people? american express did a survey in january asking companies why they hire. 42% said -- no surprise here, by the way -- ...

Hires who were jobless. they had to be jobless for the last 60 days. the last two months. the social security payroll tax is 6.2%. its about $6200 maximum per employee. and a $1,000 credit if workers stay on the job for one year. an employer can get up to $7200 by hiring somebody who has been out of work for at least two months. now, the estimates are that this bill could create, could create up to 300,000 jobs. ill tell you why theres a could in here. but first, let me remind you of where we st...

For job creation. what it does is it excuses employers from the 6.2% social security payroll tax on new hires. in other words, people who were jobless for the last two months, the last 60 days. if those people stay on the job for a year, an extra $1,000, so that could be a savings of $6,200 a year, plus another $1,000, so $7,200 for the first year. what could it do? it might create 300,000 jobs. now, let me just remind you of where we stand right now. the unemployment rate in the united states i...