Page 33 - Dave Walker News Today

date. >> you really think it was a contractual deal. >> oh, yeah. i know my e-mail will be hacked. >> i was crushed. i wasç crushed. i was surprised. >> a lot of us were. >> in my mind, in my mind i have that memory, that fleeting memory of love as we saw it on the couch. do we have that clip? look it. how could this end? he loved her. >> ill reveal a little thing. you and i wept together over the weekend. >> what did you say to me? >> mike, its not your life. it doesnt mean your mar...

Both of those things happen, were likely to return to recession. >> you know, dave, we hear these huge numbers, the sheer size of it makes it unrelatable on a personal level. can you tell us how the deficit affects your average joe and each individuals wall et. >> deficits represent deferred tax increases unless theres a change of course. theres no free lunch. and the problem is not todays deficits and debt. the debt about $15.7 trillion. its the huge unfunded obligations associated with medicar...

to talk after the verdict and the crowd erupted. >> there are lots of people sitting in jails across this country who are innocent. there are people -- lots of people -- >> against the courthouse backdrop with the public lining the steps, prosecutors and the state attorney general praised the verdict. >> this defendant, a serial child predator, who committed horrific acts upon his victims causing lifelong and life changing consequences for all of them, has been held accountable for his...

people in jail. there was cheering and applause for the prosecutors and investigators when they came out of the courthouse after the verdict was known to the public out here. heres more of what the prosecutors and the defense had to say reacting to the verdict. >> this trial was not something that they sought but rather something that forced them to face the demons of their past and to reveal what happened to them and their childhood when they met jerry sandusky. >> the jury obviously ...

The fed steps up. and was literally buying 60% of the treasuries that were issued last year. what this is in effect is the fed printing money to buy our bonds. and this is a very controversial subject and i suspect senator toomey may have a thing or two to say about this and dave walker. let me lay out the facts. what the fed is trying to do is keep long-term interest rates low to stimulate the economy. now, you can see the trend here in the ten-year treasury and if we went back further it would...

>> sounded like h.w. bush with the scanner. >> he tried. >> this is a whole system. >> he needs to go do a pbar and do some shots. >> pat toomey joins the conversation and david walker. keep it on "morning joe." [ jennifer ] what if i cant do it? what if i cant lose the weight? what if weight watchers cant help me? what if im not ready for change? what if i fall back into old habits? what if i lose control? what if i gain it all back? what if i fail? shhh. theres only one voice worth listening t...

Northrop grumman. ♪ welcome back to "morning joe." steve rattner is still with us and joining the set republican senator from pennsylvania senator pat toomey and ceo of the comeback america initiative former comptroller to u.s. david

Explosives. >> why? >> when a central bank monetizing a huge portion of its government debt, this is generally a recipe for disaster. right now, we have $1.5 trillion of excess reserves from the banks sitting on deposit with the federal reserve. that starts working its way through the system and the natural multiplier effect of a fractional reserve banking system, theres a huge risk of inflation. finally, the fed is a huge enabler here. maintaining artificially low interest rates disguises the t...

Citizens ought to pay more for their medicare benefits. i think its ridiculous we subsidize medicare for wealthy people. >> why not just endorse simps simpson-bowl simpson-bowles? a bipartisan agreement including a number of republican senators -- >> you may recall i was the guy on the super committee that put together a framework that was parallel and many ways consistent with simpson-bowles. i got no cooperation from the other side. >> senator pat toomey, thank you very much. david walker, tha...

All possible for greece to stay in the euro. i think the euro was an impossible idea and thats playing out right now for the reasons that steve alluded to. greece has a 25% higher per unit labor cost than germany. it simply cant compete and that makes this an unsustainable arrangement. the last thing we ought to do is put u.s. taxpayer resources into propping up something that is guaranteed to fail just a question of when. what they need to do is make their economy more competitive. the greek po...