Page 26 - Dot Com Bubble News Today

Nicole lapin is here with whats moving your money. because people are cutting back on spending, thats raising some concerns for retailers. >> this is a big deal. this is the nations largest retailer, gap, now coming out saying these material costs are really eating into profits. where are you going to see that? the old navies, in their brand catalog, and were going to also see it in the outlets. its a big problem for them, but its not a big problem for another brand like limited, which is the pa...

Great stuff. whats the soup of the day? >> you tell me. >> i never know anymore. >> i have one -- one rumor that i have heard and that is you would refuse to refer to it has tomato soup by its real name. >> red roasted pepper and tomato soup. you didnt give us the extra seasoning. every once in a while -- >> my blue collar roots. >> bill burton, getting into this game of the superpack. up next, could the unibomber also be the tylenol killer? the fbi looks for ties. plus on wall street, is the ...

tepco bows out as the worlds largest energy company pays a record price. and they double on their market debut. ceo jeff weiner tells us theres no trouble in the media sector. we begin with the former imf managing director, strauss-kahn, whos expected to walk out of jail in a few hours from now, but he will not be a free man. the judge granted him bail on thursday but with strict conditions and a warning. and even as the judge was approving the bail request, grand jury indicted str...

Height brought if less revenue than the cuts in the capital gapes and death taxes so even john f. kennedy knew this, if you have high rates you did not bring in the revenues or create jobs and have productivity if you jack up the rates. when j.f.k. cut taxes revenues shot up from $94 billion to $156 billion by 1968. some argue, well, chin tone -- clinton enjoyed the dot.com bubble. >> but that was helped by the business-related tax cuts. >>guest: and hawaiis a -- and russia has a flat tax and th...

Since. this is how much money we have printed. a little blip with mike greenspn and the dot-com bubble. look at this. stimulus, qe-2. this is incredible. now i want to show you what is called the excess reserve chart. this chart shows how much is in the repository institution, how much money is in the bank. all right? see if you can see that this is 1960. so all these years this is pretty flat. how much for for 50 years how much money the banks have in reserve they have this in reserve and then ...

A minute. the unions are the ones that wracked up all the debt. then the government takes the money from the taxpayers and has given it to the banks, the banks through the central bank are causing all the problem. help me on this? >> weve seen the central bank push all the money in the system. the federal reserve played a key role in creating the housing bubble to begin with. after the dot-com bubble, and after 9/11, the fed cut rates. greenspan took them to historic lows. mortgage market, housi...

The money bubble. >> yeah. >> glenn: it is the last one. >> well, lets hope its the last one. i suspect after this bubble burst, the fed will look for ways to create another bubble and make us forget about the last bubble. thats the way they are doing it. there is a conscious attitude in 2003, 2004, to say okay. were coming in the off the recession across the dot-com bubble. what do we do to make people feel wealthier? what they decide to do is gin up the housing market. everybody will feel like...

The unions are the ones that wracked up all the debt. then the government takes the money from the taxpayers and has given it to the banks, the banks through the central bank are causing all the problem. help me on this? >> weve seen the central bank push all the money in the system. the federal reserve played a key role in creating the housing bubble to begin with. after the dot-com bubble, and after 9/11, the fed cut rates. greenspan took them to historic lows. mortgage market, housing market ...

>> glenn: it is the last one. >> well, lets hope its the last one. i suspect after this bubble burst, the fed will look for ways to create another bubble and make us forget about the last bubble. thats the way they are doing it. there is a conscious attitude in 2003, 2004, to say okay. were coming in the off the recession across the dot-com bubble. what do we do to make people feel wealthier? what they decide to do is gin up the housing market. everybody will feel like they have money, put peopl...

Everything in moderation. too much speculation distorts food prices. youve heard of the dot com bubble and house be bubble. lets call this the food bubble. the number of people going hungry is rising on the earth for the first time in history. food prices predicted to jump another 20% this year. and as the bubble squeezes our worlds poorest, it is releasing torrents of anger and frustration. people blaming their governments for the results of this rampant speculation. but the biggest blame does ...