Page 10 - Nut Shell News Today

This and that. i want to highlight six of them. heating says tans for low-income families. 2012 budget. >> lost leader. he threw that wurone out knowint would be unpopular. >> planned parenthood defunding, something popular. 53% say its unacceptable. transportation and infrastructure, right down the middle. 51% call it acceptable, 46% unacceptable. cutting fundsing to the health care law, 51% acceptable. federal assistance to states, were okay with cutting that off. 52% say its acceptable. phasi...

Who wont have the advantage of a three-month training process. theres a reluctance to try to force them -- that upon them while theyre fighting a war. so there may have to be some give-and-take involved in this. theyre pretty much determined here now to get this, in fact -- the repeal enacted by the end of this year, chris. >> jim miklaszewski. please bleak outlook for the retirement safety net. in a nut shell a study says social security will be bankrupt in 26 years. richard lui is here with ...

Its not going to be like that. according to a new report from the government, were not going to have all that money in 2037. if youre in your early 40s or younger, that means that your retirement may not be there. the same on disability and receiving survivor benefits. a study says at current levels social security will go bankrupt in 2037. it will have no more money. that is despite this number way over there, $2.5 trillion. that is a big number. that is the cash in the bank that associate secu...

Does the glamour of the awards, its a recent lawsuit behind the golden globes. tell us about that. >> so many stars have been shocked. jaws dropped. in a nut shell, two publicists are suing and the foreign press was one of the clients they are suing because of unethical conducts. they were not in line with that and they are filing a suit and demanding $2 million. brooke anderson spoke with phillip burke and he said these claims are baseless. this is just sour grapes from the two former publicist...

Theres questions about whether thats going to happen or if that will be enough to bail it out. greeces debt valued at $400 billion. diana, as you know, its impacting the word. in america, it hits stocks. can you tell me the impact its happening in europe and on the euro there? >> reporter: european markets very much down as a result of whats been doing on here in greece. the markets have been hit very badly as is the euro. thats it in a nut shell. >> its a massive drop. thank you so much for tha...

Deals known as derivatives. derivatives. i cant even spell that word. national political correspondent jessica yellin has done a terrific job explaining derivatives. >> thank you. >> she is joining us now for a look at how they would be effected. walk us through this. >> its not as complicated as it would at first seem. i promise. one of the many different tools in the bill to change the way the financial world works but its a biggie. so in a nut shell, derivatives, tony, theyre high-risk bets w...

Problem you take out an insurance policy. if your green beans go bad, your insurance pays up and cover your costs. if the beans go to market, the bank pays you nothing and that insurance policy is a derivative. basically, its a bet on your green beans. now, creative finance executives said, why stop at green beans. lets do the same thing for other products. oil, gold, even mortgages. you can buy this type of insurance protection for just about any product. okay. so here is what made them so popu...

Focus on getting credit out to small businesses and individuals. people who wont to study to get a better chance at a job. thats what washington has done. lets discuss what washington needs to do. a lot of people say its this. that is our creative way of saying a tax cut, tax break. thats the word "tax" and its broken. $13 billion in tax breaks. thats half of the way there. and number two, creating and investing in infrastructure. those are some of the stimulus projects. things that will actuall...

As republicans duke it out. joining us from washington is caroline. no bipartisan from this? >> the two addresses are the two partys health care philosophies in a nut shell. democrats want it now and republican want incremental approach. president obama hinted he would have democrats go it alone. we got hints of that in the mornings radio address as well republicans like parts of the plan including preyisting condition people beeing insurance. but dont like the man date of everyone getting cover...

Unions? >> right. the big break, it was a big break in 1948 during the progressive party was formed and the cold war. walter riewfer who was a socialist drove the communists out of the cio because they were agents of the soviet union, which was a slave empire and our enemy. >> right. >> sweeney and these guys, like you say, van jones doesnt go away, the communists dont go away. the progressives stayed, and now they just embraced it. >> well, the president says im a progressive. hes not a marxist...