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September 28, 2011
>> a partnership between the government. >> over a decade. >> and youre left with this mortgage system. >> with capital requirements. >> with capital requirements. >> and a public swaps market. >> needs to be well regulated. >> just needs capital requirements. i just need one regulation. >> and most important because youve taken away the subsidies from the housing sector, youre going to get capital allocated to more productive uses in the economy and were going to have higher growth if you do th...
September 26, 2011
Let me just close with thomas friedman help wanted leadership. because it touches on exactly what were all talking about here. we know what to do. a grand bargain. short-term stimulus to ease us through this deleveraging process, debt restructuring in the housing market and long-term budget cutting to put our fiscal house in order. none of this is easy, and the economy will not be fixed overnight. it will take years. but there is every chance it will get healed if our two parties construct the g...
September 25, 2011
americans, 53%, feel president obama is greatly or moderately to blame for the economy. more people still blame former president george bush but president obama wont be running against george bush next year. with me, obamas 2008 presidential campaign advisor and now senior white house advisor. thank you, david, for joining us. before we get to the politics of it, which is fascinating to all of us, lets get to the presidents jobs bill. wow would you be open to breaking up this bill for ...
September 25, 2011
for the first time a majority of americans, 53%. feel that president obama is greatly or o moderamoderately t for the economy. more people still blame former president george bush but president obama wont be running against george bush next year. with me, obamas 2008 presidential campaign advisor and now senior white house advisor. thank you, david, for joining us. before we get to the politics of it, which is fascinating to all of us, lets get to the presidents jobs bill. would he be ...
July 21, 2011
shuttle. we are now less than one hour away from the final space shuttle landing. just in the last half-hour, we got a go for landing from nasa. the deorbit burn took place in the last couple of minutes. in the burn, the shuttles engines are fired to help it slow down before it hits the atmosphere. in less than 30 minutes the shuttle and crew will start to feel the effects of the atmosphere. theyll be about 80 miles above the earth at that point. as the shuttle comes through the atmosp...
May 29, 2011
So instead, extend greeces repayment deadlines, a debt restructuring. but the european central bank calls that a horror scenario with the possibility of bank defaults and a vicious domino effect throughout europe. and that is the real worry. this isnt really about greece. it has a $350 billion economy about the same size as michigans. its 1% of the euro zone. but if greece defaults, it would be the first rich country in six decades to do so. and it could lead investors to free the other fringe e...
May 29, 2011
Want to keep bailing out their poorer cousins. so instead, extend greeces repayment deadlines, a debt restructuring. but the european central bank calls that a horror scenario with the possibility of bank defaults and a vicious domino effect throughout europe. and that is the real worry. this isnt really about greece. it has a $350 billion economy about the same size as michigans. its 1% of the euro zone. but if greece defaults, it would be the first rich country in six decades to do so. and it ...
May 29, 2011
but first up -- the chances of peace in the middle east after the latest round of speeches by prime minister netanyahu and president obama. ill be joined by tom friedman of "the new york times" who is just back from the middle east. now, heres my take for this week. weve just gone through an arcane debate about whether barack obama said anything new when he called for an israeli/palestinian settlement based on 1967 borders with mutually agreed upon land swaps. in fact, that has been ...
May 29, 2011
but first up -- the chances of peace in the middle east after the latest round of speeches by prime minister netanyahu and president obama. ill be joined by tom friedman of "the new york times" who is just back from the middle east. now, heres my take for this week. weve just gone through an arcane debate about whether barack obama said anything new when he called for an israeli/palestinian settlement based on 1967 borders with mutually agreed upon land swaps. in fact, that has been ...
May 21, 2011
Of course you also had the stronger dollar on the debt restructuring issues so that pushed the market down for the third straight week. >> nick just said, who cant pronounce aripostale? >> nick! >> as we talk about the gases prices vera, theyre down but polls show prices are still painful for almost half of us, 4 in 10 americans. >> thats right. >> how might this financial hardship affect the summer travel season? >> its interesting bautz its hitting the seniors very hard. 76% of them expressing...