Page 69 - Garyb News Today

Think, honestly, toby is speaking from kind of a washington insider base. >> thats me. >> yes, toby knows something will happen, but the average person out there who picks up "the washington post" and reads the fiscal cliff day after day isnt going to say, im going to watch family guy, no, trust me, thats what the fiscal cliff does. >> brenda: theres a big difference, a big difference. hold on, theres a big difference between this time and what happened with the debt ceiling crisis. >> right. >>...

The grinch? >> unfortunately, it is, its the most important time of the year, and the profits are made and the problem is simple. uncertainty, uncertainty, uncertainty. nobody knows where they are and nobody knows how much money thr theyre going to have to spend and the outcome is worse. higher taxes and less money in the economy and less money to buy. retail no good. but, susan, actually the national retail federation is saying we should see increase in holiday sales like 4%? >> thats right, br...

>> no question, in the short-term, in the market, right. but yet, in the united states, every gallon of storage we have for american oil, wti oil is full. we have excess oil that is being sold into our refineries, thats why as jonas says, we have a cushion we didnt have when israel went into lebanon in 2008. >> brenda: last word, gary b? >> well, if you combine what jonas says, the psychology, plus what susan implied, a potential cutting in supply, you really could see a dramatic rise in gas pri...

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My business is not really affected by the world economy, im a political media consultant. >> and-- youve got plenty of work. >> theres never a recession in politics, thats right. but theres pessimism out there, theres no question about that, we see that in all of our polling. businesses wonder whats going on with the world economy and wonder whether were going into a double dip. were obviously in a slowdown, a worldwide slowdown and the brics have slowed down and india and china have slowed down...