Page 9 - Internet Bubble News Today

Housing bubble had. back in the early 80s and 9 , between $90,000 and $100,000. >> steve, can i take you back to the left? so when does that steep incline begin in the 1990s? what year is that? >> it begins in about 1993, 1994 during the clinton years. thats not a political statement. thats just to say we had an era of prosperity in the 90s. >> it was in the explosion of i.t. it was the i.t. revolution that really started taking off. >> high productivity, high economic growth, i.t. it was prospe...

Very, very fragile. this comes at a very difficult time, doesnt it? >> exactly. im still laughing at jonas and talking about so many turns, and i lost him at about the third juncture and somehow we managed to make it, its a good inning, that our wages are going up. but apart from that, brenda, you hit the nail on the head. and toby, to a certain extent. hey, its no big deal. yeah, normally fthis was the internet bubble not a big deal, but you hit it. were in a tenuous recovery and every dollar m...

These things. >> yes. >> my entire life. but now it seems that its more dire. i said earlier, shrinking. its all but disappearing in some places it seems. >> your point is entirely right in that this is not just a product of the past ten years. although it is a first decade where this has gone. >> sure. >> income has shrunk. its really been happening since the 1970s when the rust belt went away. >> yeah. >> the internet bubble in the 90s and the housing bubble in the 2,000s we were able to avoid...

This is bad for president obama. going into november, theres one month before the country -- a month and a half before the country goes off the fiscal cliff. $1.2 trillion is coming out of the economy. it will throw us right back into recession. >> can i make one point? when bill clinton raised taxes on rich people, just that small percentage of people at the top, he created 22.7 million jobs. when george bush cut taxes on rich people he created 1 million jobs. >> okay, hold on. using your favor...

This is bad for president obama. going into november, theres one month before the country -- a month and a half before the country goes off the fiscal cliff. $1.2 trillion is coming out of the economy. it will throw us right back into recession. >> can i make one point? when bill clinton raised taxes on rich people, just that small percentage of people at the top, he created 22.7 million jobs. when george bush cut taxes on rich people he created 1 million jobs. >> okay, hold on. using your favor...

out and out stealing. for months we tried to get them to answer our questions and youd think they would want to, wouldnt you? youd think theyd want to show exactly where the money has gone but they have slammed doors in our reporters face and refused to answer questions. of that nearly $56 million, how much do you think has gone to directly help disabled veterans? 90%? 50%? we havent found any of it that has gone to help disabled veterans directly. they do send stuff to some veterans g...

they have raised $56 million in the past three years. youd think there are a lot of disaged veterans who theyd help directly. thats not what we found. one accuses them of stealing. out and out stealing. for months we tried to get them to answer our questions and youd think they would want to, wouldnt you? youd think theyd want to show exactly where the money has gone but they have slammed doors in our reporters face and refused to answer questions. of that nearly $56 million, how much ...

of stealing. for months we tried to get them to answer our questions and youd think they would want to, wouldnt you? youd think theyd want to show exactly where the money has gone but they have slammed doors in our reporters face and refused to answer questions. of that nearly $56 million, how much do you think has gone to directly help disabled veterans? 90%? 50%? we havent found any of it that has gone to help disabled veterans directly. they do send stuff to some veterans groups, tr...

to answer our questions and youd think they would want to, wouldnt you? youd think theyd want to show exactly where the money has gone but they have slammed doors in our reporters face and refused to answer questions. of that nearly $56 million, how much do you think has gone to directly help disabled veterans? 90%? 50%? we havent found any of it that has gone to help disabled veterans directly. they do send stuff to some veterans groups, truckloads of stuff, stuff that they get for fr...

win in the deep south. he wins the alabama and mississippi primaries. we look ahead to the next contest and track the money game. parts of boston still without power after a transformer fire triggers a major blackout. the fire started last night in a garage in the back bay area of the city. thick black smoke poured into the streets forcing officials to close roads and subways. at the peak of the blackout more than 20,000 homes and businesses lost power. we begin in depth this morni...