Money if they left half of the bills but they did not work that out. Sally kohn is a liberal blocker writing about that attitude. I dont think greed is bad but what values do we hold alongside as a country . As a society . To balance out those impulses for the better good of everyone . John an econist from George Mason University thinks the government should but out except in foreseeing rule of law. Property rights constrain selfinterest. I dont like to 17. We are more self interested ourselves, our family, not about strangers. Every economy will be based on selfinterest. With greed people grabbing more than they deserve. John who cides what we deserve . The market decides. It is the one institution that allows people to grab more than they deserve. Government feels greed. I i agree with part of that. Government has allowed big businesses to getta bigger share of the market. Crony capitalism. But there is a Positive Side as well. Selfinterest is the human impulse. We temper that with o
Came in with earnings and revenue per share but both missed the estimate and they have a lot going on Going Forward. S p capital still a buy rating but some other analysts doing much of the same. They have it at 660 from 710. Back to you. Melissa Hurricane Sandy off the coast of florida preparing to go north and sla sign the east coat with wind and rain. Adrian is here with more. Still a category one hurricane at this point in the game and sustained wind at 80 miles per hour. Moving to the north at 6 miles per hour. A little bit slower than what it was earlier today. You can see this massive system huge in size in the winfield continues to improve. Well not just a bit gusty wind at the center of the storm, but also far away from the center. Feeling some effects across florida getting in the weather from orlando back to the miami beach area. They are shortlived but with heavy rain in a short amount of time not only that, talking very gusty wind at times 40 to 50 miles per hour. Where is
Expenses, fixed costs down 1. 3 . They are not willing to buy buildings, take on higher represent, not buying computers or equipment because they dont believe the demand i coming. They are not making any bigger investment thats what we need to lift the economy is that investment, and the fact its declining . Wow, thats really a bad sign. Neil scott, a Better Future indicator . What so many ceos are saying im preparing for the worst just in case. Suspect that a more telling future . Yeah, look at Consumer Spending numbers. The positive note is it increased, but guess what . Its down from the First Quarter and down from last year so youre right, the businesses look at the dollars from the wallets saying, hey, they are not flying out of there. If you look the the investment numbers, convicting to gdp last year and the year prior, whh, by the way, gdp, 1. 7 , below the trend this year, in 2010. The economys deaccelerating. Neil adam, do you think of that . Well, things could be better. Fac
We have dagen mcdowell, moving a few inches away. No, not true. Neil we have ben stein. Im happy to see dagen. Neil the next 30 minutes, our free be to you and wcome to all. Ben stein, on the guy i like to call, lord faulteroy. Hes nutty as a fruit cake but hes right, our National Debts so large it is a National Security threat and the reason is, one, it makes us look upid and impotent and as if we cant control our investing and at some point will requi us to cut or defense spending, we have to pull ourselves together an act like statesmen about it. It has gone on way too long, it is ridiculous. Neil dagen, hes trying to deflect and, look who is judging us kind of deal and say look at these clowns, right . Two an extent,but, if we dont heed this warning, i dont know what it will take. Because as a nation, i dont think ive said all along, i dont think that until americans feel really pain in some way, whethert is significantly higher Interest Rates or doubledigit inflation which we had
Continue to tighten their wallets in the month of september. As you can see, the decline is accelerating just a bit. The majority of companies are saying that they simply are not spending many as you have heard in some of these earnings reports are citing the word uncertainty. But look who is spending money, the New York Stock Exchange. It is expanding its Options Market, which is apparently having its best month ever. Business is huge. A lot of you are starting to trade options. If you are not, we will take you to the countdown college. Dont miss when we talk to Steve Crutchfield. He is one of wall streets most eligible bachelors. We found that out. Hes probably totally annoyed were mentioning that. Steve crutchfield. Lets get to the floor show. Not a very broad band of trade here when you see the dow has crossed the unchanged line 30 times. I mean 4 points up, 4 points down, nothing really great happening here or is there . Im going to try to find a bright side out of this tape we se