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August 19, 2011
people can feel like they can have control over now, if you can get through to the bankers. >> were trying and its not cheap to refinance. >> thats right. >> you have to think about whether you want to do that. >> if rates go low enough, its good to check it out. >> its friday. >> yes. >> yeah. although the week started off well, the realization that a second recession may be drawing closer is hammering stocks this morning. actually futures. here in the united states, the dow dropped 4...
August 19, 2011
central bank and the fed would have to get further involved in this economy. now, you know all week weve been talking about rick perry saying it would be treasonous for the fed to get involved. while his comments may have been misinformed it represents a view in america that fed should do no more work in stimulating this economy. so now we have investors saying we need more investment. you got the morgan stanley saying we do. and youve got a lot of people in america saying dont do it. ...
August 19, 2011
talking about. this was actual fact. we started this morning with slow bad markets out of europe. then before the markets opened we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said were on the pr s precipice of a recession. they also cited errors in policy making here in the united states and in europe, and they said its likely that european central bank and the fed would have to get further involved i...
August 19, 2011
do not feel like the unemployment situation is working well enough for them and their families and this coming together as we have a big deadline coming up for the super community to figure out how to get our debts and deficits in order. the rest of the world looking at us and worried how serious the u.s. is about political harmony. a lot of different fronts all moving at once. you add in europe and the sense of confidence, this lack of confidence around the world and that is what we a...
August 18, 2011
jessica, what do you know about the presidents plans for next month? >> after labor day hell reveal a jobs proposal that will have specifics in the way his critics have been calling for. according to my sources it will be actual legislation. thats real detail. im told the package will be new initiatives and not a rehash of the policies weve been hearing him promoting recently like patent reform or infrastructure bank. my sources say there will be proposals in three main categories. tar...
August 18, 2011
>> christine odonnell ran for the senate from delaware. a tea party darling and she dabbled in witch craft when she was in high school. shes the author of a new book with the intriguing title, "trouble making." good to see you how are you? >> good. >> i cant help but notice you did the sign of the cross when you sat down. is it because youre nervous about the interview? >> i did it off camera. i didnt realize you were watching. i do that just because ever since my very first tv intervi...
August 18, 2011
presidential politics, the more he speaks the more people including many republicans ask this question. by so aggressively appealing to the republican base, is governor perry undermining his appeal as a general election candidate? this comment in new hampshire questioning mans role in global warming is new fodder tonight for the perry electability rate. >> i think there are a substantial number of scientists who have manipulated data so that they will have dollars rolling in to their p...
August 17, 2011
from the summer break. president obama has actively been meeting with some to create a plan. the question is how specific will it be and will it help? white house officials tell us its a work in progress, and will include tax cuts and infrastructure ideas that could create jobs, and measures that target unemployed, and struggling economic sectors. they say the president is working on a debt reduction proposal and will present the so-called super committee, and as you know its the 12 la...
August 17, 2011
presidential election. >> the caucuses arent until its winter, until snow on the ground. >> at least its been entertaining. up first texas governor rick perry on the attack in new hampshire. hit the ground running and hitting president obama hard calling his handling of the economy a disaster. hes not backing down from his verbal assault in iowa this week on fed chairman ben bernanke. heres what governor perry said. >> if this guy prints more money, between now and the election, i do...
August 17, 2011
and in part because of the presidents travels to the midwest and in part because of the new energy that texas governor rick perry is adding to the republican race. wednesday governor perry visited new hampshire, and while its clear hes the flavor of the moment in presidential politics, the more he speaks, the more people, including many republicans, ask this question -- by so aggressively appealing to the republican base, is governor perry undermining his appeal as a general election c...