Page 39 - Double Dip News Today

Instead the president gets on that conference call today with larry summers and the economic team and bill burton his spokesperson own even acknowledge there was a discussion about a double dip. nor did they say there was discussion about concerns. >> sean: boehner is saying fire geithner, fire summers their projections have been wrong. what percentage of the american people have their home values under water? either below what they paid or even their mortgages underwater? >> it big. i will say ...

That conference call today with larry summers and the economic team and bill burton his spokesperson own even acknowledge there was a discussion about a double dip. nor did they say there was discussion about concerns. >> sean: boehner is saying fire geithner, fire summers their projections have been wrong. what percentage of the american people have their home values under water? either below what they paid or even their mortgages underwater? >> it big. i will say it is in the double digits if ...

The dow reached 10,000 level today, it is down 10% since april. down on the year. the markets are telling us theres ugly stuff happening. theres still pretty ugly stuff to come. >> sean: roubini thinks theres a 41% chance of a double dip. they are using the "d" word depression that america may be in the midst of a prugs -- depression. what is the person at home thinking when biden is everything is fine? >> any logic plugged into those teleprompters. the biggest problem is uncertainty. businesses...

Today, it is down 10% since april. down on the year. the markets are telling us theres ugly stuff happening. theres still pretty ugly stuff to come. >> sean: roubini thinks theres a 41% chance of a double dip. they are using the "d" word depression that america may be in the midst of a prugs -- depression. what is the person at home thinking when biden is everything is fine? >> any logic plugged into those teleprompters. the biggest problem is uncertainty. businesses are afraid to hire. they don...

In 2010, we started slipping again. slipping rather badly. g.d.p. numbers sliding very much. they will be stagnant now. shockingly bad numbers on housing this week. idea that the fed has run out of options. i think what is returning is a sense we might not just be in doldrum of pause. but headed to a double dip or worse. you see that in the jitteriness of the stock market. that i think is new. economic times are bad, the party in power is in trouble. people are seized with fear. the party in pow...

West who has expressed frustration and disappointment in the president, spike lee has hauled off several tiles and ripped into the president. whats your reaction to that? >> this tells me that more and more people are waking up to the fact that obama is not the messiah that he is purported to be when he was running for office. you look at his failed policy, obamacare, which was rammed down our throat, its not going to provide health coverage for all americans, its going to be very expensive and ...

Thank you, guys. martha: lets look at the market and see how investors are doing, investors are watching key economic reports expected throughout this week. analysts including stu varney warning those reports are likely to show the economy flirting with another recession, double-dip is the talk in the air, and you see the dow down 111 points and you can keep a close eye on the markets throughout the show and well let you know whats going on there. gregg: a crash, 100 miles per hour, and all of i...

The community reinvestment act? >>neil: but, regardless of what the government tries to do or not do, maybe, as we mentioned at the outset, we are headed into something bad again, double dip, or prolonged recession? what? >>guest: we are coming out of what is supposed to be the worst economic recession in living memory and as was said, that is because the government encouraged private lendeñs to lend into the private home mo)tgage market. we have seen the results oã that. absolutely disaster. ...

Somewhere down the line were going to have a battle with inflation and some of these assets could be in trouble. >> julie: do you think we should move our stocks into bonds? >> you want to have some bonds, but im going to tell you, dont get a false sense of security. maybe not this year but some time down the line, bonds are going to face difficulties of their own. american stocks are tremendously undervalued. had there might be the greatest story there. this is huge trend, $182 billion into bon...

It in 1980. we may have a double dip. they need a new economic policy. one they have is not working. the president was not elected to be for big government spending. he needs to go back to yes was elected. he needs to unite the country, not divide it. he was supposed to be in the middle, not on the far left. he was supposed to represent ordinary people and not the elite opinions. we see that this mosque thing has been a disaster for that because its not just for public conservatives, its democra...