Page 35 - Double Dip News Today

Republicans will get credit with independent voters, where elections are won and lost, for doing something? and that this medicare -- the medicare tar baby, if you will, wont really be such a negative? >> i think it is possible. i think we dont know. there will be so manyhor republ react or what the economic news is going to be. but sure, if we have an economic double dip, if we have increasing unemployment, think the focus will be on the presidents performance and back on barack obama and then ...

Expa expanded. we need to shrink the size of government. make it more efficient. but smaller. the reality of this idea of taxing the rich is going to save our problems is absurd. 75% of all small business owners personalize their taxes. right now, almost 68% of all jobs are being created by small business owners. why would we want to tax them and prevent them from creating jobs? >> is there an issue at this point when were starting to feel like were out of the slump we go back into a double-dip ...

Cnnpolitics.com. in todays choose the news we are highlighting people who are going out of their way to help others. vote for the story you would like to see. text 1 to learn how washington is using this years cherry blossom festival to help japan. text 2 to hear the story of a couple who adopted six children and the surprise thanks from the federal government. text 3 for the special show of solidarity some japanese are showing to farmers dealing with radiation in their crops. le falling home...

Food and gas. i dont know about you but im paying that every single week. >> sean: and looks like we may be hitting another housing bubble where this is what started this recession in the first place. >> kimberly: housing is stagnant. you may see the employment numbers that look better but housing is one thing that certainly and this is what people value is their home, their equity of their home hasnt improved. on the contrary, the value of their home has actually gone down. they are not seeing ...

>> sean: isnt this unprecedently bad in terms of a post recession growth period? >> oh, yes. >> sean: i think every other key indicator. national price of gas has gone up three time from a week ago. >> doubled since obama took be office, right. >> sean: doubled since obama took office. we have seen the reh resurgencf inflation that occurred. >> it is happening. look what happened with food. look what happened with gas. the government says look at core inflation and take out food and gas. i dont ...

And history. hes weak. when you have unsettled situations you have to revert to your core values and principles and he doesnt believe what we believe. >> sean: how bad is the economy? >> i think we are headed for a double dip. i think you have a situation where theyve devalued the dollar. a strong dollar represents a strong country and economy. theyve flooded the economy with fiat money in a return of inflation in a manner to a degree that i think is going to be troubling. they have no appreciat...

In egypt the response was, hillary clinton, hes not -- the situation is stable. by the way, we are dinner friends with the mubaraks. we have the vice president saying hes not a dictator. head of national intelligence for the country says the muslim brotherhood is a largely secular organization. then they say mubarak has to go. and they send wisner to return to whisper in his ear. he doesnt understand americas place in the world and history. hes weak. when you have unsettled situations you have t...

Last july 231,000, now almost 200,000. and, you know, i guess the real point here is this housing mess is so bad, jenna, that all this tinkering has done nothing. all weve done is put a few speed bumps into where it inevitably must go. jenna: some of the government programs that are trying to help people stay in their homes, im going to get to that in just a second. one analyst said today the big banks that have of gone through this crisis arent prepared to see a double dip in housing, and that ...

Our best days are behind us. how does the psychological factor play in? >> people have been sitting with their cash parked on the sidelines. people are saying no, they are saying two years more. thats when you are going to see the housing market really bottom out. but this matters to policy makers because its a political hot potato. nobody in washington wants a double dip in housing. and we have a soggy housing market because of government intervention. the other thing is a fifth of homes in day...

Robert schiller saying we are heading for another hit and we are talking about home prices falling up to 25%. >> we are in a double dip. this would be grabbing headlines it wasnt for whats going on in the middle east and japan. robert schiller also said he thinks the housing market turn around is not going to turn around in five years as the federal reserve predicted. hes saying 10 years or more. is this the housing crackup ever? yes. even back in 1963 there were 600,000 new homes sold. thats wh...