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Economy back on the right track economically. that verdict wont come until november. the president was in kansas city, he was in nevada, he was helping democratic senate candidates robin carnahan and harry reid. harry reid, the democratic leader in the senate who has been in very hot water in nevada. the unemployment rate there among the highest in the nation. if not the highest in the nation at 14%. hes been in a lot of trouble. hes got a republican challenger favored by the tea party. he has b...
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The senate over and over again blocked legislation to raise the liability for oil companies like bp when an oil spill happens effectively siding with the oil companies. earlier this month the house judiciary committee approved similar legislation with only two of the committees 16 republicans voting for it. at a time when in this country this country is full of discredited institutions, legislation comes along to try to reform possibly the most discredited institution, wall street. wall street r...
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Videotapes from osama bin laden grew irrelevant when it became clear what they were. without exception, loud, angry incoherent and boring. in our fourth story, joining the rank in form and relevance are the videotapes from half governor sarah palin. her latest scoring the highest on that last coincidence, boring. the video features images of women at tea party rallies holding signs like, dont tread on me. there are plenty of shots of palin and the voiceover is all palin taken from the speech bef...
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Well so they can be pumping money into this fund even as they are paying the costs of the cleanup and trying to cap the well. a lot of people have been saying, is this a big gesture of goodwill? is it something that is going to have a big impact overall on the costs of the spill? well, look at the wide wide range of estimates and this is -- i want to be clear. no one knows how much this is going to cost in the end. cnnmoney.com says expert says the highest, highest estimates are $100 billion, iv...
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Highest in history. right now this can can hardly be deemed a surprise. weve had a failed stimulus bill. we knew this was coming and what we republicans in the house say is it ought to be offset. thats what the senate democrats are saying. thats why the senate left town without extending unemployment much insurance. were somewhat in agreement with them that it ought to be offset before we do it. >> give me an array of programs could you cut. >> i think the obvious choice is the pot of money in t...
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Granholms 38% approval rating is one of the lowest in the entire country. the states unemployment rate is the nations highest, 14.1%. a change may be just around the corner. granholms hand picked successor the lt. governor dropped out of the race because he couldnt raise enough money. things on the republican side look brighter. michigan congressman pete hoekstra is leading the pack and running head of all of his democratic challengers. 10pi point as head of michigan house speaker dillon and ep...
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S.e.c. fraud allegations on a conference call today. the charges rattled wall street, but not goldmans bottom line. the firm announced a staggering $3.3 billion profit, almost double last year. pay there also soaring up 17%, among the highest on wall street. all this news just days before president obama, of course, goes to new york, or comes to new york pushing a financial reform plan to rein in the banks. joining me to talk about all of this is suzy welch, columnist of business week and the au...
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