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July 8, 2010
The economic angle today. >> reporter: welcome to this setting we found in kansas city. just to my right is smith electric. its a police that makes electric batteries for large delivery trucks. your coco cola, pepsi truck, cable trucks, those kind of electric batteries are now supported by the recovery act. president obama is going to come here and talk about how the initial infusion of stimulus cash plus the investment that initial investment leveraged created jobs in a green economy. hes going...
July 7, 2010
Attorney didnt comment on that but he denies other claims by her ex-husband, including one that her father worked for the old soviet spy service, the kgb. >> her father does not work for the kgb. hes an embassy official who has worked in the past in zimbabwe and kenya, not exactly locations for kgb officials to be sent. >> reporter: when we asked robert bomb if she denies the spying charges against her, he said so far nothings been disclosed to them about the governments evidence, so theyre not ...
July 7, 2010
Michigan is among the highest but under a new program there, some jobless residents are going back to school and getting paid if they dont find work. cnns dan simon explains. >> reporter: eric gibbs works as a roofer, and george an assembly line worker at gm. both now unemployed in the state of michigan. >> when i got laid off from my roofing company job i surged for six months straight nonstop, eight to ten hours a day, even going to mcdonalds and trying to apply. >> reporter: equally bad luck ...
July 6, 2010
Generated by the european space agencys plank telescope. i spoke to one astrophysicist that says theyre looking for a clue about the big bang. >> we are going to get the highest and sharpest view of that radiation, and with it, we will be able to really discover what was happening in those first years after the big bang. that light set off just a few hundred thousand years after the big bang. we are looking for a phase of expansion of the universe, the very early stages of the expansion of the u...
July 4, 2010
We have to bend the benefit curve. >> next big fight is over the property tax cap that you proposed. two and half percent cap. you are calling the luthure in a special session and they say no way. how do you get them to their minds? >> it is the same as on the budget. but you have the right argument you can win. 30 years they have had the highest in the nation and people of fleeing the state because of property taxes. we need it to be a permanent fix. change the constitution and cap it and only ...
July 4, 2010
We have to bend the benefit curve. >> next big fight is over the property tax cap that you proposed. two and half percent cap. you are calling the luthure in a special session and they say no way. how do you get them to their minds? >> it is the same as on the budget. but you have the right argument you can win. 30 years they have had the highest in the nation and people of fleeing the state because of property taxes. we need it to be a permanent fix. change the constitution and cap it and only ...
July 4, 2010
On the books here in the united states they go back 100 years which might shock you. that being said, there are a lot of small businesses in the oil industry. they arent all bp and exxon its not all these joins. they did move corporate headquarters overseas. again, thousands of businesses here in the united states do that. our corporate tax rate is some of the highest in the world. if you start raising it. how many of these oil companies can and will leave because they can drill and they can exp...
July 3, 2010
The limit fee. youve got to look out for that. also, they can cap the late fees now at $25. it was $50 or $60. theyre. aing those. thats key. >> what are we not going to like? what is not so good news for us here? >> i think the not so good news is that they can -- some of the things they cannot do that youve got to really look out for, 29.99% interest rate. i i mean, thats the highest they can harnlg you charge you rate. but they can switch you to a variable rate and take you higher. youve got ...
July 3, 2010
We have to bend the benefit curve. >> next big fight is over the property tax cap that you proposed. two and half percent cap. you are calling the luthure in a special session and they say no way. how do you get them to their minds? >> it is the same as on the budget. but you have the right argument you can win. 30 years they have had the highest in the nation and people of fleeing the state because of property taxes. we need it to be a permanent fix. change the constitution and cap it and only ...
July 2, 2010
Unemployment is in trouble. >> he is trying to do the best he can in saying that it is better now than say a year or year and a half ago, but to candys point, the reason it went down is because 650,000 americans gave up. they were so discouraged to find a job, they stopped looking. that is how the government counts. the long-term unemployment rates of americans who have been unemployed for six months or more is the highest since they started to keep the statistic which is 1948. this is a tough e...