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August 20, 2011
family. take a look at this just released video. are london rioters firing at police helicopters. a live report in just a moment. severe storms strike the northeast, unleashing deadly flash floods and its not over yet. the ohio valley could be next. but we start with the sputtering economy. president obama says there are steps we can take to spark the economy. watch. >> there are things we can do right now that will mean more customers for businesses and more jobs across the coun...
August 20, 2011
>> where are you going? youre leaving? absolutely extraordinary, dare i say it, surreal moment. christine odonnell, one-time tea party darling walks out of my studio rather than answering straightforward questions. youve heard all about the fuss. and if you missed it, tonight were going to reair the whole interview all over again. im going to get some of the smartest people in politics and media to weigh in with their verdict. was it christines day? or was it mine? >> all right. are we...
August 19, 2011
another recession. and adds new urgency to the political debate here in washington over new jobs initiatives. the dow jones industrial average was down just short of 420 points or 3.7%. the nasdaq down 5.2%. the s & p 500 down 4.5%. it is what drove the markets down that is again stoking recession fears. overseas more jitters as europe struggles to contain its debt crisis. here at home, data some see as evidence of a new downturn. weekly unemployment claims rose much more than expected...
August 19, 2011
people can feel like they can have control over now, if you can get through to the bankers. >> were trying and its not cheap to refinance. >> thats right. >> you have to think about whether you want to do that. >> if rates go low enough, its good to check it out. >> its friday. >> yes. >> yeah. although the week started off well, the realization that a second recession may be drawing closer is hammering stocks this morning. actually futures. here in the united states, the dow dropped 4...
August 19, 2011
talking about. this was actual fact. we started this morning with slow bad markets out of europe. then before the markets opened we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said were on the pr s precipice of a recession. they also cited errors in policy making here in the united states and in europe, and they said its likely that european central bank and the fed would have to get further involved i...
August 19, 2011
overwhelmed. i spent almost the past decade in solitary confinement. so im not used to being around anyone, much less this many people. its kind of overwhelming. its not perfect. its not perfect by any means. but at least it brings closure to some areas and some aspects. you know, we can still bring up new evidence. we can still continue an investigations weve been doing. we can still try to clear our names. the only difference is we can do it from the outside instead of sitting in pri...
August 19, 2011
here, that arrow just refuses to turn green. the s&p lost more than 4%. the nasdaq sank more than that to 5%. it sank 5%. so what has rattled the markets this time? its a combo platter of bad news, jobless claims are up, existing home sales are down. consumer prices are up and the plfrg industry has gotten weaker. no wonder a top economic adviser is flying to marthas vineyard next week to help president obama with his job proposal. then there was this report from morgan stanley, not ...
August 18, 2011
presidential politics, the more he speaks the more people including many republicans ask this question. by so aggressively appealing to the republican base, is governor perry undermining his appeal as a general election candidate? this comment in new hampshire questioning mans role in global warming is new fodder tonight for the perry electability rate. >> i think there are a substantial number of scientists who have manipulated data so that they will have dollars rolling in to their p...
August 18, 2011
dealing with our debt crisis theyre wrong. theyre wrong. we cant afford to just do one or the other, we have to do both. >> president will roll out the entire job growth proposal early next month in a speech. it will probably be a combo platter of tax cuts, investments in infrastructure and long-term health for the unemployed. what will governor rick perry say today? you know youre dying to find out. hes not backing down about his treason comments about fed chair ben bernanke. he say...
August 17, 2011
understand this financial crisis was the worst since the great depression, but ultimately they say, look, hes the president. we think he has good intentions, but were impatient and we want to see things move faster. i understand that. im sympathetic to it. well keep on putting forward ideas that will be good for the country. were going to need a partner from congress. on the other side of the political spectrum, listen to what governor rick perry said in iowa and hes not backing off....