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June 1, 2011
Im not here to bash the president, as he often stated he inherited a mess. i dont think it gives him license to create a bigger mess. the fact of the matter is for all the hundreds of billions we spent on stimulus, growing signs we aint stimulated. in fact, we could be going in reverse. economists call it a double-dip. possibility that the economy did dips back in a recession. i have dont know. this much i do. when housing prices keep falling, and factory orders dropping. consumer confidence num...
June 1, 2011
Saying, you cant play nice, you cant do anything together. >>guest: well, put it this way: at some point, everyone doesnt have to play nice just be serious and do tough and sensible negotiations and get to work. sooner or later the markets will react to the fact that congress is simply twiddling its thumbs. if the americans stop paying their motor they lose their home and their credit rating would be shot and that is what we are close to doing. we will have to deal with this and i hope republica...
June 1, 2011
whats going on in our city that no one would take the time to help this drowning man. >> could we have done more when the gentleman became unconscious? certainly theres that opportunity for us to have gone out and do more. were looking at that. >> alameda officials say theyll reinstate the water rescue training. >> 911 whats your emergency? >> i called a little bit ago. i found out my granddaughter has been taken. she has been missing. her mother finally admitted shes been missing. >> ...
June 1, 2011
now we know that hamza alkhalee is dead. pictures of his body are disturbing. his family received his remains. it appeared the 13-year-old had been tortured. he was mutilated. many of the pictures weve received are too graphic to broadcast. cnn made repeated attempts to reach for comment without success. hamzas murder brought syrians into the streets. even children have joined the protests. well have more on dramatic developments in syria and the strongest words yet from washington in ...
May 31, 2011
Electrical grid, which cut a pipeline, they would say, well, thats causing this same sort of damage as a naval blockade. theyre creating the same thing they could do with a military attack, and basically saying the u.s. has the option to respond in kind. the u.s. policy now under the obama administration is at a military option on the table. randi? >> all right. chris lawrence for us at the pentagon. thank you. stay with us when our stream team takes aim at military responses to virtual invasion...
May 31, 2011
Double dip now in home prices. home prices reaching a post-recession low during the first quarter. essentially that this is a new low for the first quarter this year. theres a report that is out now, today, confirming what many economists had really feared. that is the idea this double dip in home prices. it is happening across the country. alison kosik is joining us from the new york stock exchange with all the details. alison, this does not look good by any measure. >> reporter: yeah. and the ...
May 31, 2011
Economists have been warning us about the double-dip in home prices happening for much of the country. my question, i guess, is a double dip is a huge deal? >> it is. you think of the rest of the economy and its been in this recovery mode, albeit slow. we thought prices that they had bottomed in 2009 but now were below those low prices. and trouble is, no ones really sure where the bottom is. once we hit it, we can start to recover. but until then, were watching these prices fall in major cities...
May 31, 2011
Rich. now fast forward. then you have 2006. you have the bubble burst and what were seeing is a bit of a recovery and now its come back down again. thats what people are calling a double dip and its a big concern. new data from the s&p case schiller that shows in the first quarter of this year housing prices fell more than 4% nationwide. there are some cities, washington, d.c., is an exception, where values have been sustained and there are also other places. one place in particular, arizona. i ...
May 31, 2011
If youre trying to sell your home or thinking about trk the widely watched index shows home prices right now in this country have fallen back down to the lowest levels since the housing market collapsed. gains made in recent years have been wiped out in major parts of the country. there is a major lining to this set back there. are some remarkable deals out there for home buyers. lisa sylvester has been looking into this story for us but if youre a homeowner and see the value of your property pl...
May 31, 2011
Right on this issue, we have to educate the american people on it, but its an issue that will win and resonate with voters once our nominee is able to go toe to toe against this president. >> i have to wrap it up there but thank you very much for joining us, we appreciate it, steve and brad, thank you for your insight. bill: its going to be a fascinating couple of months. >> certainly going to change. bill: jenna lee is standing by. what you got cooking there on a tuesday morning, jenna? >> jenn...