Page 31 - Cut Back News Today

Both ways. most people dont realize, they see this bailout package as a 50% haircut to a good portion of the groeek debt. unfortunately what the greek people see is 12 years of continued austerity and by that we mean you lose more of your salary. salaries have already been cut back by 30%. people will lose their jobs. in this situation, they dont have a hope of finding another one. and that creates decembspair. i think thats whats happening right now. what they need to do, the greek government a...

Which are violent and taxpayers are footing the overtime bills, to say the least. my guest wants the longer the protests go on the deeper the cuts will be made to compensate for them. and the republican new york city councilman, good to have you. so the costs, and this should not strike you as usual, but, many are surprised, they will be substantial? >>guest: this is a very difficult budget time for all of us, the nation, the state, and particularly the city. we face the $4.6 billion, billion de...

Take our country back to the people! let the history books reflect that on october 15th was the beginning of working people coming together, standing up and demanding jobs and justice. because if they say cut back, were going to say, fight back. if they say cut back, we say -- >> here today, you have the foot soldiers fighting for economic dignity, fighting for jobs for americans, fighting for americans together to not simply be about the rich but be about all of the way america is. >> they want...

now, the "cnn newsroom" continues with randi kaye. >> have a great day. >> thank you. the treasury is sending out checks as promised, and somehow there is just as much fear and uncertainty and economic anxiety as ever. we will tackle the next three main questions. what is going on with the stock markets? the dow is on track for the ninth straight day of losses. any guesses on how long it has been since nine straight days of loss? 33 years. lots of scary numbers are behind these, and ...

>> they take the blame unfairly. theyre blamed unfairly, i get that. >> yeah. >> do you also think, you know, a lot of us assume that the reason gas prices are going up is because of the unrest in the middle east. do you actually think that some of that is already baked into the price of gas and that the recent spike is not due to the middle east unrest? >> i think that right now there is ongoing concern over future sources of supply, yes, the cut backs and the dislocations we saw from libya are...

Annual spending cut in our history. like any worth while compromise, both sides had to make tough decisions and give ground on issues that were important to them and i certainly did that. some of the cuts we agreed to will be painful. programs people rely on will be cut back, needed infrastructure projects will be delayed. and i would not have made these cuts in better circumstances. but beginning to live within our means is the only way to protect those investments that will help america compet...

Families cant afford to send their kids to college, cut back on pell grants. this is the same old litany. what they are doing now is simply reflecting the needs of the millionaires and billionaires of this country who fund their campaigns. thats all that it is. >> this does hit minorities and the poor extremely hard. do you agree? >> well, it does. i mean, it hits the poor especially hard. if you look at the proposals for example in the ryan budget dealing with medicaid, half of the children on ...

Congressman tom price said on this air, that this budget would increase production, create jobs, and keep jobs from being shipped overseas. you want to respond to that? >> yeah. this is the same old trickle down theory of economics works so well under the eight years of the bush administration that weve lost 600,000 private sector jobs. look. this is their litany. this is what they believe. at a time when the richest 1% earn more income than the bottom 50% and the wealthy are get wealthier their...

Case. first, ballistics experts could not match this bullet, which killed dr. king, with the rifle ray bought. the bullet was badly mangled upon impact and the markings made by the rifle barrel when the gun was fired fell short of scientific certainty. second, two men living in the boardinghouse could not identify the man they saw running from the bathroom after the sound of the shot. he held a hand to his face. the governments case places the shooter in the bathroom. but police had one witness ...

Turmoil in the middle east, there was a cutoff in some oil supply, up went the price of gas, up went the price of crude oil, some see a parallel to whats happening today, with the revolution in libya. there may well be an interruption in the supply of oil coming out of libya. the result is the price of oil has gone way up, were nearly at $100 a barrel, as of this morning. thats american crude oil. and ive got a picture of a gas station in downtown los angeles, which is selling regular unleaded f...