Page 968 - Midterm News Today

Whittle their differences down until we arrive at something that has an actual chance of passage. and thats my goal. i mean, my goal here is to actually solve the problem. its not to get a good headline on the first day. my goal is that a year from now or two years from now, people will look back and say, you know what, we actually started making progress on this issue. >> what about, no, you first, no, you first. everybody says everything is on the table and nobody wants to talk about it. >> ch...

Passage. and thats my goal. i mean, my goal here is to actually solve the problem. its not to get a good headline on the first day. my goal is that a year from now or two years from now, people look back and say you know what? we actually started making progress on this issue. >> [inaudible question] >> -- you first and nobody -- >> everybody -- >> chuck -- >> there was this -- this was the same criticism people had right after the midterm elections. if you had polled the press room and the conv...

Something that has an actual chance of passage. and thats my goal. my goal here is to actually solve the problem. its not to get a good headline on the first day. my goal is is that a year from now or two years from now, people look back and say you know what, we actually started making progress on this issue. [ inaudible ] >> you first, you first -- >> everybody says -- >> nobody wants to talk about it. >> chuck, there was this -- this was the same criticism people had right after the midterm e...

Publicist denying that the report of actress being in critical condition. she was rushed to the hospital with severe abdomenal pain. but the publicist said she was just feeling under the weather. white house releasing the report on the future of home loans this morning. it will be a plan to get rid of fannie mae and freddie mac. same mortgage giant that the government bailed out woyears ago. >> gretchen: he is going to come. establish establish after the midterm election president obama promised...

>> but the entitlements you championed redistribute wealth. they provide insurance coverage to 40,000 people who dont have it. >> what is absolutely true, i think in this country theres no reason why if you get sick you should go bankrupt. the notion that thats a radical principle, i dont think the majority of people would agree with you on. >> so the president goes on fox. hes talking to the chamber of commerce. the president is thinking re-election. and one other note on that, remember the two...

Going to be resonating with people as they hear it? >> yeah, you know, i think not only in the weekly address but the visit he made to pennsylvania to penn state to talk about clean tech, the white house wants to stay focused on jobs, jobs, jobs. they know thats an issue, an issue that ultimately in november of 2012 voters will care more about that than whats going on in cairo. >> yeah. what about what happens in monday when the president will talk with the chamber of commerce? politically speak...

Both, john. theres a little bit of optimism, but theres still a lot of concern. we had a panel that i was on, and we had people from every different sector that was on the panel. theyre concerned about this big kick towards austerity. theyre afraid the republicans wont look at things realist realistically. theyll never raise revenue. we wont be able to fix the deficit problem we have in the midterm and long term. i would say its mixed. i would say theres skepticism. theres some optimism as well....

Upheaval who said this could be part of a wave and this has a distinct feeling of deja vu. does it? >> it is entirely possible. it is tunisia, egypt, what comes up mention? a lot of countries in the middle east and beyond that are promptly if -- appropriately nervous. you hold people down and they will rise up. that is what we are seeing. but what will be our midterm and long term strategy. these kinds of things have again on now for 40 yours. i am sure you remember and i remember in the 60s and...

Mitch mcconnell, the senate republican leader yesterday was saying in joking that he believes investment is really a latin word for washington spending and that basically this is just a way for the president to cloak more government spending in the idea that he wants to invest in the future. theres going to be a big battle about that. i think thats whats interesting in what you just played, it follows perfectly in what the president was doing last night in talking about good news, optimism. this...

Democrat, we have ed henry live at the white house this morning. for those of us or those out there who may not have been born during the space race, when he talks about the sputnik moment, explain it. >> reporter: certainly. the soviets got ahead of the u.s. and his point was it forced america to innovate, figure out how to get ahead of the soviets and it paid dividends many times over. so i think he was also stealing some pages from ronald reagan, first of all, who also in a different era took...