Page 4 - Banking Issue News Today

It is deliberate when former president says it and democratic congressman says it on capitol hill on the same day -- >> sean: okay. what would you suggest to the people that under attack? it is really the american people, people -- look, i dont think it is any more complicated than this. people are afraid of what is happening in the afraid of record debt. >> they are also scared, this is the point we make in our book 2010. they are afraid of government completely taking over the economy. just lo...

President says it and democratic congressman says it on capitol hill on the same day -- >> sean: okay. what would you suggest to the people that under attack? it is really the american people, people -- look, i dont think it is any more complicated than this. people are afraid of what is happening in the afraid of record debt. >> they are also scared, this is the point we make in our book 2010. they are afraid of government completely taking over the economy. just look at it, they are going to -...

Reformer speaking hard truth or is he the guy who wants to end medicare, send it into a death spiral, a right wing idealogue, so its a big fight and an important fight because remember, mitt romney chose paul ryan to represent something, that he represented big ideas, change, reform. if democrats can convince people that he represents ending medicare, thats a very different proposition politically. >> and joe biden on the stump today went in another direction, started talking as well about the w...

>> its both. youve got europe, when you talk about the european union, youre talking about an economy thats actually larger than ours, youre talking about a population thats larger than ours. they suck in about 20% of our exports. we have tremendous investment in europe. not so much american banks holding the bad debt. its much less of a banking issue than it is a global connection issue, and if they are doing poorly, the contagion affect, its not something out there, its something already cause...

Ratings agencies coming out and reconfirming frances aaa rating. lots of these french ministers who like to disappear on their summer holidays have been called back to paris and told, you need to work harder on a deficit reduction plan. that also has encouraged the agencies to think that france is going to get to grips with its current debt-to-gdp problems. the banking issue is something that we shouldnt miss, either. we had an exclusive interview with the ceo of the french bank, they suffered f...