B Ri C News Today

Peter, the problem is -- as you said, not allowing people to look for work, like people that are unemployed in this country dont want jobs? i mean thats crazy. >> they dont want jobs? see, its not crazy. few your o going to get $2,000 a month for your mortgage payment, another $2,000 of unemployment -- hold on. be quiet for a second. >> peter, you be quiet. >> no. >> guys, ive -- i cant be here if we dont have people who pay for us. we have go to a commercial break. stephen leeb and peter schiff...

You talk about growth rates in brazil of 7%, russia of 4%. india of 8%, china of 9% or 10%. those sort of growth rates are essential if a portfolio is going to make serious gains when developing economies are producing a matter of a couple of cents. >> stephen, youre really one of the people who has a great international perspective on this sort of thing. where do you think people should be standing on in having bric countries in their portfolio? >> i totally agree with mr. quest. for reasons th...

Average about five or six-fold. if you look at our performance, were down. im not counting dividends. this is not accidental. this is, as i think richard said, because they have fabulous growth rates. but this is a zero sum gain. these countries are developing, and because theyre developing, theyre using tremendous amounts of resources. oil prices, you know, theyve come down a little bit, but at $75, theyre up about three- or four-fold since the beginning of the decade. thats because oil is need...

>> but thats trying to -- thats trying to -- >> richard, richard, when energy prices go from 4% to this persons pocketbook to 10% and that person is not using any more energy, thats a massive tax. the median income in this country is something around 50 grand. that doesnt allow you to pay for your kids education. take another 6% out of that, and thats probably the biggest tax over a decade that weve experienced in this country, at least since the 30s. >> this is the best of all worlds in that we...

Talking. the four letters, b-r-i-c. if droinlt want to stick around and learn about them, they could be a mistake. they could be the feature keys to your money.

Going to. >> i totally agree with mr. quest. i think that its essential to invest in brick and for reasons that you said at the beginning. developed countries, their markets have been terrible. if you look outer of the past ten years and you look at the performance of the bric stock markets they are up on average about five or six-fold. if you look at our performance -- now im not talking dividends. if you count dividends, the numbers are a little bit different. this is not accidental. think thi...

Your portfolio to ensure youve got some exposure to these bric countries. what well do in coming weeks is well discuss the specifics of these countries. whats good or bad about them and how to take that and carry it forward. thanks to both of you, richard quest and stephen leeb. well, theres been a big change in the friendly skies and on the ground as well. why getting from point a topoint b might be taking less time.

They were performing these long beach. criminal background checks and found three sex offenders. we were cleaning our patients on and they were supervising them. it wasnt, oh, hes a a daily basis, removing the dirt supervisor, shouldnt get the job. in this case, it was a sex that they bring themselves, offender who was not registering especially fingernails. and we were also looking into with local law enforcement. if they did a background check, according to this sheriff, he cutting antibiotics...

Including a 100,000 mile powertrain warranty. thats 40,000 more miles than ford. chevy silverado half-ton. a consumers digest best buy and the most dependable, longest lasting full-size pickups on the road. now get 0% apr for 72 months on 2010 silverado half-ton models with an average finance savings around $5,800. b-r-i-c. these four letters could be crucial to your money. bric stands for brazil, russia, india and china. what do these countries have in [ male announcer ] this rock has never s...

Richard, lets start with you. is it an overused word, people talking about growth in the bric economy, given that we dont have growth in western economies, developed economies, as much? is this, in your mind, the place where smart moneyin vests? >> not only should the smart money invest, and a balanced portfolio, it must invest in pension funds, and any other form of retirement account is hoping to get some form of since our beginning, gains. look, this is the latest report that i got just a few...