Buddy Jim News Today

the country after he certified the 2020 election results for president biden. they held dueling rallies last night. >> thats why were in the fight for the soul of our state. were doing this for a reason. we got more wood to chop. lets bring this home. im asking for your vote and your help and your support. >> this has been a race of people versus politicians. you see pence coming in and all the other governors, the rhino establishment politicians, career politicians coming to georgia t...

Special counsel john durhams investigation into the how the trump/russia hoax began. were learning the f.b.i. either got it wrong or lied to its agents about where the intel was coming from. the f.b.i. said the d.o.j. was seeding info on trump when it came from michael sussman. the man on trial this week. your take. >> i think its fascinating. sussman is a lobbyist, an attorney on the outside of the one of the t*id bits coming out of this election he had a hall pass. he had a badge to get into t...

A premium. mike has a good point, you have insurance, if you wanted a different program, rather than extend the program, a works project, thats a different story. weeks of unemployment insurance, right or wrong, you kbt say, 13, how many million people out of work theres not enough community service work to this community. >> come to my community, friends. >> billions of dollars. >> at his house alone. >> brenda: and all right, i want to ask jim. because you have some doubts about this as well, ...

Jolt number. that number is about 2 million, 2 1/2 million in a real recovery about 4 million. >> and we didnt have, we didnt have-- we didnt have 64% participation rate in a real recovery. >> hold on, jim, let me get to mike, go ahead. >> i was going to say we didnt have a huge stimulus despite the fact its portrayed that way. it was about 4% of grosse pointe woods at the time and it did take us from a very severe negative grosse pointe woods woods-- gdp and as far as the fiscal drag, i agree w...

Double what the private sector gets. what people want is fairness, they dont want the bloated fat cats to be working for the government for growing out loud. and the government, just bring them in line and the fact is, as i think jim pointed out. >> brenda: okay. >> we cant afford-- >> you guys, im sorry, weve got to go, but i have to say that the federal pension is underfunded by more than half a trillion bucks, but anyway, last -- ive got the last word. thanks, guys. it was blocked, but someon...

Thomas financials chief economist mike norman, welcome to everybody. jim, all of those arrows, the up arrows not impressing you yet? >> no, not at all. i mean, look, weve got 64% participation rate in the labor force, way too small and lowest number since 1984. we have 315,000 people that dropped out of the labor force, thats not acceptable. were already in the fourth year of this recovery. keep in mind, previous recoveries have shown jobs growth in the first two years, but im not worried about ...

Mikings of recovery, i think its ongoing, its been happening since 2009. look, its not a boom by any means, i think that everybody would agree with that. look at this year and specifically some problems that jim mentioned, and i want to say hi to my buddy jim. havent seen him in a while. and in spite of everything, the debt ceiling debacle in the summer and weve had all of this negative news about europe and we see sequential growth, first quarter, second quarter was faster than the first. third...

Economys so weak, is that really what you want to do? is that the solution? i say it isnt. >> brenda: jonas, what do you say. look, if you want to make the case new employees for the government should have no or small pensions youre talking about existing pensions or cutting them out. its absurd. not the workers falt, their whole life for a pension, and a budget problem. its not just unions and all of this stuff. theyve played a roll, but they were trying to balance books and so is gm. pushing o...

That are foreclosure, another 4 1/2 million homes that are going into foreclosure, gary. >> we have a depression in housing and to your point, as long as were at point where its cheaper to buy a home than rent a home today in the united states, and still we cant get demand for sales, thats a five year tragedy. >> youre saying im never going to be able to mover, toby? >> theres only five people in america who can own your home, for crying out loud. >> believe me the number has expanded lately. >>...

Please. if we can get back to that it00,000 job increase per month that everyone seems to want. and the other thing, jim mentioned, hes talking about the credit crunch and actually household debt levels are at their lowest levels theyve been in 17 years, so, the consumer actually has room to expand, and as a consumer expands, so goes the economy. i think there are good things ahead. more good things than bad things. >> jonas, a recovery here. >> the main difference, this recovery has a huge pote...