Page 210 - Collapses News Today

Were wrong. its a process which is not easy, and you only embark on it if you decide that it is absolutely critical for the u.s. national interests, which it is. >> thats the argument. thats the case the obama administration makes for the war in afghanistan now. the case made to me this week by diplomat richard holbrooke as you saw there but shared across the administration. the case is we need to be in afghanistan because its critical to our national interests. they say the war was mishandled b...

Varney joins us now to explain. good to see you. so bp, this is a company can annual revenues of, what, about 15, $17 billion a year? >> reporter: new york city profits. profits of $17 billion last year. last calendar year. iraq rick if this thing drags on, as we said, through the summer, into the fall perhaps, what does it mean for a company the size of bp? >> reporter: i think ca sum this thing up by saying cap that well or else. right now, there are fears for bps financial survival. in fact, ...

>> bill: moderates. >> correct. >> bill: back stabbing. and the other ones are what. >> children. >> bill: its better to be children than disloy back stabbing -- >> no. not when you are talking about running the country. back stabbing cowards see which way the left is going. they see which way the wind is blowing. they dont want to be the last guy defending this incompetent boob. they are jumping on the bandwagon. they think they need to run the world. as the obama administration collapses, they...

>> bill: moderates. >> correct. >> bill: back stabbing. and the other ones are what. >> children. >> bill: its better to be children than disloy back stabbing -- >> no. not when you are talking about running the country. back stabbing cowards see which way the left is going. they see which way the wind is blowing. they dont want to be the last guy defending this incompetent boob. they are jumping on the bandwagon. they think they need to run the world. as the obama administration collapses, they...

>> bill: moderates. >> correct. >> bill: back stabbing. and the other ones are what. >> children. >> bill: its better to be children than disloy back stabbing -- >> no. not when you are talking about running the country. back stabbing cowards see which way the left is going. they see which way the wind is blowing. they dont want to be the last guy defending this incompetent boob. they are jumping on the bandwagon. they think they need to run the world. as the obama administration collapses, they...

Crist hold on this strongly. sort of, how long can he go to the august primary with sort of very little visible means of support in terms of a party structure under feneath him. the one thing we can rule out is democrats winning the seat because the thing is, either crist collapses or rubio collapses. one or the other. but both these guys arent going to collapse. as a result, thats why i think youre going to see -- you know, youre going to see republicans -- a republican hold onto the seat. the ...

In december of that year. march 2008, investment bank bear stearns collapses. treasury secretary paulson hopes to organize the sale of bare stearnes to jpmorgan chase. california mord again lender indymac goes belly up, taken over by the fdic. investors start bailing out of mortgage giants fannie mae and freddie mac. the government takes over fannie mae and freddie mac. the government announces a bailout of insurance giant aig. october 2008, the stock market plumme plummets. falls to the floor. ...

Many enormously. thats where we need to make massive investments in the innovation economy-type jobs. >> lets talk about this easy money for a moment. the lowest interest rates ever really. so it probably makes sense now to borrow. but what are we doing to the economy? we know when the cost of capital collapses, when interest rates go very low, people do stupid things. thats what happened between 2004 and 2007. so what are the stupid things were doing now? >> i dont think theyre there yet. i thi...

>> lets talk about this easy money for a moment. the lowest interest rates ever really and so it probably makes sense right now to borrow. but what are we doing to the economy? we know that when the cost of capital collapses, when interest rates go very low people do stupid things. that is what happened between 2004 and 2007. so what are the stupid things we are doing now? >> i dont think that theyre there yet. i think it yut is -- eliot is correct. the disconnect is on that unemployment number....

Which candidate is paying for the ad. the ad that says, im joe blow and i approve this message? how about voting against that guy next time. thats hardball for now. thanks for being with us. up next, "future earth," addicted to power. a ship carrying gas explodes in boston harbor. a chinese den collapses, unleashing a 50-foot tidal wave. the east coast is plunged in to days of darkness by a blackout. and in london, a train carrying nuclear waste crashes. enveloping the city in a radio active c...