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November 2, 2011
That has sent a clear message that they do not believe in the free market enterprise of which i grew up with. they believe that if we would stimulate the economy with more federal money, that if we would pitch more dollars out into the economy, that it would create jobs. we know that doesnt work. >> my lord, did he say that president obama isnt for the free market? how much more help can the president of the united states give to the financial sector? perry is exactly wrong and off base. federal...
November 2, 2011
They will review it. there may be some sort of monetary restitution. maybe money needs to be paid to these people that were wronged. >> who pays that money. >> well the federal government most likely. the regulators, let me back up on that. that depends on what these consulting firms say but what they will probably say is that the banks have to pay the money. in other words the banks made a mistake in processing the foreclosures. so they will --. jenna: these are big banks involved? >> yes. they...
November 2, 2011
Protestors call to practically shut down oakland today. that includes the port of oakland. claudia coulclaudia cowan live from oakland. >> reporter: the first of the three days events getting underway. everyone encouraging people to take off work, schools and banks and bring oakland to an economic halt. ill show you the main plaza, the epicenter. people are passing off t-shirts, and information about the days activities. they are going to march a couple miles down to the port of oakland where th...
November 2, 2011
Get to the that as well as jobs bill. are both parties to blame here? >> well, look it, we need a jobs bill and we need to put americans to work, and it is going to be very easy tomorrow in the united states senate for republicans and democrats to vote to put their friends and neighbors to work. to put people to work in good-paying jobs building infrastructure. i hope they all put, put me and put what ive said, tomorrow is an opportunity for them to disclaim and disavow what ive said. pass the a...
November 2, 2011
Telling you, a bunch of the people in this country feel like it doesnt work. another form of justice needs to be applied. i think the chain gang is very appropriate measure to take but, you know, i dont think everybody should have a gun. i just dont. but if you are a good citizen and you dont have any criminal background or any mental episodes, i think you should be able to arm, arm yourself and be able to walk in our parks and communities on a sunday afternoon with your dog without being attack...
November 2, 2011
Geography right. that bridge need as $20 million facelift. the department of transportation is proposing that but the district is not going to do so right now. it is defering maintenance until 2015. so lets talk about what the president is trying to push through here. joining you now, the former white house deputy communications director who worked for president obama, and ron bongine former communications director to house speaker denny hastert. thanks both of you for joining us. >> thank you. ...
November 2, 2011
Lets listen in. >> -- hammered by the economic downturn. construction has been among the hardest hit. since the housing bubble burst millions of construction workers have had to look for a job. but today im joining many of these workers to say that it makes absolutely no sense when theres so much work to be done that theyre not doing the work!. not when there are so many roads and bridges and runways waiting to be repaired and waiting to be rebuilt. one of these potential projects is behind me, ...
November 2, 2011
In the united states, and if i remember correctly imogen said it would make the lehman brothers situation seem like a picnic, paraphrasing, imogen, im sorry. but, you know, but thats -- >> but lets stop there. lets take that for granted. to say that it is -- that -- to suggest that the financial crisis of 2008 was -- was lehman brothers fault, as if lehman brothers invented $600 trillion worth of uncollateralrized credit default swaps. let me finish my point though. its the same as saying that i...
October 31, 2011
Very much. he has a high hill to climb. bill: maybe goes back to the humor tilt for that. the impression youre running away from something. >> that doesnt work. bill: right. >> what is interesting about this election cycle so far is that the debates have been about all theres been to the campaign. what that has done it kept a lot of the poorly-funded candidates in the race because you need nothing more than a plane ticket and hotel room to take part in a debate. get the same billing and same foo...
October 29, 2011
Talked about foreclosures, we have to allow we shouldnt do the ridiculous plan. well get to it in the section segment. >> moral hazard means there is no consequence to your decision making and thats the problem with the bailouts, you dont act rational. you act with something in the back of your mind im going to be bailed out. >> bottom line, capitalism when failure is part of the equation. and when it doesnt work, thats when the occupy wall street-- >> kristin, do you relate with the occupy wall...