Page 11 - Fred Schultz News Today

to revive the patient? during the 1970s and 80s, the federal reserve adopted long-term policies to halt inflation and ease unemployment. but what would the fed do in an economic emergency? monetary policy -- how well does it work? thats the question economic analyst richard gill and i will investigate on this edition of "economics usa." im david schoumacher. the federal reserve board is responsible for deciding how much money the economy needs to grow. in the early 1970s, the fed held ...

latest information. meantime, we want to show you what was caught on tape. look at the left side of your screen. as you look at this you will see the plane coming straight down before that persons head get notice way. we will continue to show that to you just so you get a sense of the speed with which it was traveling and the direction, heading straight down, should have been traveling in a horizontal position as other planes were during this race. crashing into a box seat area in fron...

when it nosedived. the regional medical center confirm it had has received a total of 21 parents so far. joining me now is fred schultz, he witnessed the crash, a pilot himself. fred, what did you see? >> well, what i seen, we looked up above the grandstands and he was in trouble and coming straight down. i think he was trying to do whatever he could right up to the end. i could hear the engine of the plane changing rpms and it just happened so fast. i thought he was coming in on top o...

before that persons head get notice way. we will continue to show that to you just so you get a sense of the speed with which it was traveling and the direction, heading straight down, should have been traveling in a horizontal position as other planes were during this race. crashing to a box seat area in front of the main grandstand. the plane, a p-51 mustang, a world war ii era fighter plane known as the gal long ghost. the pilot, mr. leeward, was competing at the national championsh...

believed to have died, ktvn is reporting the pilot was 80 years old, from florida stunt pilot who has appeared in films, been a pilot much of his life, not clear how many other people were killed or injured. we are waiting for a press conference to begin, we believe that will begin momentarily. we will take it live to get the latest information. meantime, we want to show you what was caught on tape. look at the left side of your screen. as you look at this you will see the plane coming...

the regional medical center confirm it had has received a total of 21 parents so far. joining me now is fred schultz, he witnessed the crash, a pilot himself. fred, what did you see? >> well, what i seen, we looked up above the grandstands and he was in trouble and coming straight down. i think he was trying to do whatever he could right up to the end. i could hear the engine of the plane changing rpms and it just happened so fast. i thought he was coming in on top of us. instead, he m...

>> up first tonight, troubling questions about why the obama white house ignored appeals from the pentagon and other government officials and approved a major broadband internet license for a major campaign supporter. it is the second consecutive day a republican-led congressional committee has explored whether campaign contributions play a role in big government awards. as yet critical to note, there is no proof of that. just questions. but the hearings are exposing inconsistent, some...

inconsistent, sometimes nonexistent, explanations from the obama white house. yesterday we told you about silendra a now bankrupt clean energy company whose default left taxpayers with a half billion dollar bill. the obama administration approved that loan despite warnings the companys plan didnt add up. congress now investigating whether political support for the president greased the wheels. tonights example is a company called lightsquared. it was green lighted to build a new broadb...