Page 15 - Mark Block News Today

sensitive equipment and illegal immigration in the center of arizona history. youre in "the situation room." -- captions by vitac -- www.vitac.com we begin with the breaking news. political and financial chaos within the european union, sending fresh shock waves through wall street and world financial markets. stocks plunging in new york today on all three indices with the dow tumbling about 400 points amid a growing debt crisis in italy. and the third largest in europe. lets bring i...

Thanks for joining me tonight, lisa. >> thanks for having us on. >> lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? >> well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cains. and so there are significant consequences. the charity could be shut down. there are cou...

Thanks for joining me tonight, lisa. >> thanks for having us on. >> lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? >> well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cains. and so there are significant consequences. the charity could be shut down. there are cou...

That is my money. >> kimberly: dont you have a five or a tin? making the point. greg, go around real quick to say give him a grade. >> greg: i say i thought it was strong. really strong performance. very forceful. i give him an "a." vy a feeling this isnt over. >> kimberly: yeah, he said its not over. youll probably have more people coming forward. >> andrea: the question is do we believe the women who have these complicated back stories and legal trouble of their own? that will play out. i said...

First time he addressed the first couple of accusations that came out revolving around his time at the nra. he changed his story. what do you think about the job that he did in addressing to the first round of accusations? >> i will quote mark block who said that they could have done a better job coming out of the gate in dealing with those charges. i think theres no question in that, some mistakes were made in handling of it. but that does not take away from the lack of credibility that ms. bia...

Know when herman cain is being serious and when hes not. take, for example, his simplified approach to reorganizing the tax code, his 9-9-9 plan, which has been laughed at by virtually every economist on the planet. or how about his approach to foreign policy, which includes a naval war with iran and the somewhat belated understanding that china already has nuclear weapons at her disposal. again, its tough to know whether to laugh or to cry about his poor grasp of economics and global politics. ...

Is still raking in the campaign cash. $2 million raised since the harassment scandal broke. cain himself says hes not answering any more questions. >> dont even go there. >> can i ask my question? >> no. >> can i ask a good question? >> wheres my chief of staff sfl. >> im right here. >> please send him the journalistic code of ethics. >> will do. >> who else? do you want to ask another good question? >> all right. so that sound from a weekend debate with newt gingrich who told nbcs matt lauer th...

These money problems. >> right. the money problems obviously havent gotten as much attention as the sexual harassment allegations but they could raise po additional headaches for the cain campaign. what this involves is a non-profit charity called prosperity usa that was being run by cains top aide, mark block, and these financial documents that were leaked last week to a milwaukee journal do appear to show financial transactions going from the non-profit to -- prosperity usa to the cain preside...

Mrs. cain. there are rules to how this is handled and the coverup as we have learned is always worse or usually worse than the crime. >> and one competitor on the campaign trail called this a witch hunt. is this? >> no, all politico did was report something thats actually happened. they didnt accuse him of anything. this is what happened. >> he accused something and first they did complete denial, sunday night and then it was yeah, it happened i dont know anything about payments then yeah, i kno...

in this country, for the second time in less than 24 hours, an earthquake shakes central oklahoma. the latest one hit right before midnight eastern time, measuring a record 5.6. it was centered near sparks, about 45 miles from oklahoma city. and legendary performer andy williams says hes suffering from bladder cancer. williams broke the news to concertgoers last night during a christmas concert in branson, missouri. andy williams is 83. he has been seen professionally since childhood...