Chi Rivlin News Today

0 are independents, that are voting one way or another sometimes based on emotion, whether they like a guy or not. >> after issuing a statement where romney said he wants to help all struggling americans, the candidate responded by following up in a quickly planned press appearance in florida last night. >> its not elegantly stated, let me put it that way. im speaking off the cuff in response to a question, and im sure i could state it more clearly and in a more effective way than i did in a set...

for their lives. what i have to do is convince the 5% to 10% in the center that are independents, that are voting one way or another sometimes based on emotion, whether they like a guy or not. >> after issuing a statement where romney said he wants to help all struggling americans, the candidate responded by following up in a quickly planned press appearance in florida last night. >> its not elegantly stated, let me put it that way. im speaking off the cuff in response to a question, a...

people. i do not have a hidden agenda. and i submit to you this, if you want a president who will make things better in the african-american community you are looking at him. you take a look. yes, take a look. good morning. thursday, july 12th. mitt romney, staring at the naacp convention. with us former treasury official and "morning joe" economic analyst, steve rattner. the executive editor of bloomberg news, al hunt and rounding out our michael bloomberg hour morning, columnist for ...

when i saw that part of the speech and i heard that part of the speech, i gasped. and said, oh, no he didnt. i cant believe he actually -- he actually went there. im still a little stunned by that. >> well, not stunned to say it if he believes it. im not stunned to say it. im glad, though, al hunt, he went there. didnt mccain or somebody blow off the naacp years ago? >> bush. >> was it bush? >> its hard to refute what jonathan says about some of the substance. dont forget this was some...

of that industry and of the solvency of much of the american middle class, and the consequences, the effects that we see in the federal budget are largely a consequence, no the a cause, of that phenomenon. tax revenues fall, unemployment insurance payments go up. other kinds of stabilizing payments go up. we are much better off, actually, for having a large federal government, federal budget that can stabilize the economy in this situation than we would be if we didnt have it. we didnt...

and i think thats good. >> well, could current fed action and even dr. galbraiths opinion, could the current fed balance sheet, the mechanics there, could it also be leading to a bond bubble right now? if we start to move towards more normalized interest rates, have we created so much paper that ma may move rates when we start to move? >> i dont think is has to. i think the fed can get its balance sheet down quickly. its always much easier for the fed to be less accommodative than more...