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May 21, 2011
Thats one thing. and they want cuts that are going to bring down the deficits while at the same time saying that we have to maintain a safety net. so that requires spending. i just dont think that that adds up. you cant do that. >> take a 50-year-old man who was an auto worker in the rust belt, in a place -- some sort of factory worker, in a place where the factory, the town has almost shut down. there arent jobs in the area. they cant sell their house. maybe the kids are not going to college. w...
May 21, 2011
Making some 1,200 new hires here, many in tech. >> keep our talent here. we are in a brain economy and not so much a muscle economy. >> poppy joins me now. we have spent a lot of time in detroit and sadly weve watched the erosion of jobs there. this is fantastic. but we constantly talk about engineering being your ticket anywhere you are in the country. what a great deal. they earn good money in a place that costs very little to live in. how does this help everybody else whos been laid off? the ...
May 21, 2011
some serious concessions from democrats. >> we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling -- both short term, medium term and long term. thats what it would take to get my vote. >> will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that its not raised. are republicans willing to risk sending this...
May 12, 2011
Dramatic new developments in an alleged new york city terror plot. lisa sylvester is monitoring that from other top stories "the situation room" right now. what is the latest on this plot? >> reporter: wolf, new york city police arrested two men suspected of planning atags on a manhattan synagogue and the empire state building with the intention of killing jewish people. police say the men, both of north african descent, were nabbed after purchasing ammunition. and appear to have been acting as ...
May 12, 2011
Photos, he will talk me through what he saw. now if it is interesting and happening now, you are about to see it rapid fire. lets go the u.s. is facing many ongoing threats,ing so president obama asking fbi director robert muler to stay on board for another two years, in a pretty rare move. muellers ten-year term expires in september. congress still needs to sign off on extending his term. in spain, they are surveying the damage there and picking up the pieces after that horrific earthquake....
May 12, 2011
Earlier this week in regard to what they say in paxes. for every gallon of gasoline and other products we refine and are sold in the united states, we earn about 7 cents per gallon, thats what exxon says. compare that, they say, to the 40-60 cents per gallon that went to government, state and federal governments, that they received in taxes from every gallon of gasoline. so the difference is clear, the oil companies maintain it was state and federal government which is addicted to oil. >> thats ...
April 16, 2011
Countries that come on line. >> isnt it better for workers in our economy, if theres unions over there so people arent flocking for 2 cents or whatever-- >> there have been plenty of nonunion manufacturing jobs in this country by foreign auto worker, guess who the union wants to unionized, toyota, honda and sending activists overseas to stage rallies trying to curry favor with the companies in their home countries. >> im a free market person, but you cant deny the fact that jobs are going overse...
February 12, 2011
Be doing that. and sharing the wealth with their works. >> well, wouldnt it be nice if we could all get a bonus paid out of thin air and essentially whats happening at gm, but let their workers have some cuts and went through tough times and now the companies are roaring back and maybe, maybe they should get some kind of bonus, i have to say im biased because my grandfather was an auto worker. its an awful moral dilemma. we want them to feel reward and feel they didnt give up whatever they gave ...
February 8, 2011
Roaring back. a record 111 million people watched chryslers imported from detroit commercial during the super bowl last night. here is a portion of the two-minute ad. >> its the hottest fires that make the hardest steel. hard work and conviction. and the know how that runs generations deep in every last one of us. thats who we are. thats our story. now its probably not the one youve been reading in the papers, the one being written by folks who have never even been here, dont know what were capa...
January 25, 2011
Missouriens. >> what was the mood like among your fellow workers? >> oh, boy. it was pretty bad. pretty bad. people in the same situation. worked there 20 years. >> when it closed, all but completed collapse of industry that at one point employed 15,000 people in the st. louis area. a former auto worker said when the line was humming, you couldnt hear themselves think. now the only sound is demolition machines tearing it down. >> out of work for four months, he took a bail-out funded retraining ...