Page 11 - Bottom Half News Today

Immediately with heavy rainfalls. it is only about 200 miles away from new orleans. the winds will begin picking up in new orleans as we go throughout the next 12 hours. this is the tropical storm force wind field. they are just now impeding on the coastal areas. you will only feel those when you get any squalls that go through. the storm itself, the bottom half, looks very impressive. looks like a hurricane. the whole northern half of the storm is really tame. there is barely any rain in the no...

Going to see a southeastern louisiana landfall. a lot of our computers still pinpointing that area from new orleans southward. it does bring the worst of that storm surge through eastern louisiana, lake pontchartrain back up into areas of mississippi. let me explain whats been happening with the storm and why it didnt become a hurricane. the bottom half of the storm looks very healthy. if you only stared at that part, it looks like a hurricane. the northern portion has been sucking in this dry a...

few moments, but first joe johns takes a look at how edwards went from rising politician to a guy who could face decades behind bars. >> reporter: john edwards, the politician, remember him? >> we have much work to do because the truth is we still live in a country where there are two different americas. >> reporter: but as it turned out, mr. two americas here had two very different faces himself, and one of them wasnt very pretty. people close to him said it was the face of betrayal, ...

>> look at the top 0.1%, and they started up above 50%, and now they are down to 26% tax rate. and this is a function of the reagan tax cuts, the bush tax cuts. but this is what is driving -- i would say in fairness this is a white house chart. so i wouldnt stick with every single number. but directionally, it is definitely consistent with the other data. >> let me ask you, why is it now that almost 50% of americans, one in two americans, dont pay any taxes, income taxes? >> well, thats been a s...

corporal punishment and discipline to abuse. an ongoing debate sparked by the video of a judge caught on tape repeatedly hitting his daughter with a belt. also this morning a kid suspended from school. what did the kid do? he gave a hug to a friend. is that okay? 6:00 a.m. here in atlanta, georgia, 5:00 a.m. in fayetteville, arkansas. wherever you may be, were glad youre here on t.j. holmes. where is your money this weekend? is it on the move? a lot of americans money on the move this ...

well bring you all the highlights. good morning to you. happitry, its october 28th. this is your "a.m. wake-up call." im carol costello in new york. youre waking up to some of the best news in recent memory. gdp up 2.5%, nearly double the rate of last quarter. we have gains on thursday, up 340 points. the dow is heading for its best month in 24 years. the broader s&p, october could close as the best month since 1974. cnns erin burnett asked pete kenny for his take. >> are you optimisti...

Column nift for tax.com. good morning, david. >> good morning. >> you say there are nine things that the rich dont want you to know about taxes. walk us through them. >> the first one is this negotiation that poor americans dont pay taxes. ive heard a number of people on msnbc in the past few days assert that the top 1% pay 40% of the taxes. actually the top 1% pay 40% of the income taxes which are a minority of all federal taxes. and they are only one-fifth of all the taxes americans pay. as fo...

Right. it helps contribute to the belief that the tax code is rigged in favor of certain people and against other people and the president wants to fix that. happy to talk about the impact. i would like to do it however in the context of a larger tax bill. when you talk about just the policy of the one particular line item in the proposal, it is the absolute right policy to have. >> i can pull out one thing as well as a look at the entirety of it, but how about the fact that top 10% pay 80% of a...

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Used him to kind of push off against towards some other kind of future. i think thats another dynamic thats driving this. >> i agree with that. hes sort of like the lehman brothers of politics, but thats disingenuous because the republicans have a lot more deep thinking to do than just shoving it all onto mitt romney. >> how about the numbers? >> how about the numbers? you cant make a party a success if it salutes the top 1% and trashes the bottom half, the 47%. these numbers are on the table. l...