Page 293 - Per Cent News Today

Reserved currency means that the dollar is relatively stronger than it should be which holds back export growth that would be even more robust. but even despite that drag from our unique position its basically a fairly positive story. >> what do you think about those who say, look the economy is overtaxed, overregulated, you need big structural reform that thats whats going to unleash productivity in this economy? >> well the most highest economic growth decade was the 1960s. income tax rates we...

Some direct connection that all these innovators are on strike because tax rates are at 35% and on corporations, thats just such nonsense. corporate profit as a percent of u.s. gdp, the tax, corporate profit tax, is 2%. it used to be 4%. thats at a time where corporate profits are at an all-time high. so yes, your nominal rate is very high, but for a variety of reasons, including overseas deferments, accelerated depreciation, whats actually being paid is way less. so the notion that changing tha...

Petraeus guilty plea. >> all right. more to come on that im sure. not the last were going to hear of david petraeus. lets turn now to business. with markets closing lower yesterday the dow fall 85 points. s&p down 9 and the nasdaq down 28. theyre still pretty darn high. target closed up a half a per cent with a big restructuring plan. this restructuring plan includes layoffs, lots of layoffs, what can you tell us? >> a pretty big announcement from target yesterday. theyre laying off thousa...

Prepare the facilities and all a arrangements have been made. he is staying strong for the family ifs. >> the only slight benefit is that for the people in there, theres some closure. this is a scar with me for the rest of my life it does not change anything. and for a little percent, theres some closure as opposed to not knowing what has happened and holding out hope. the crash of the air asia flight is having a devastating impact on across asia. its also especially troubling for the families...

The dark blue is the to 10%. you see where the rich are getting most of the gains? something happened weve never seen before. not only -- its not the rich got most of the gains, they got all plus over a hundred per cent of the gains because people on the bottom rack were losing money. >> right. and thiss for 2012. i think if we were able to look at it right now, wed see a different number. weve seen this thing the last few months. there are a lot of job openings that employers right-hand turn fi...

Affirmation, if you are going to engage in sexual conduct. >> yes, well im glad you guys are talking about it and doing something to try to help on capitol hill. thank you, congresswoman, appreciate your time this morning. >> thank you for the invitation. i want to take you live to the new york stock exchange. steep decline in the market right now, dow down 160 points at last check. alisyn, whats going on? >> we are seeing, poppy, the dow do a 180 from 18,000, just a couple days ago, we were o...

>> very very dangerous material. for someone that is not experienced in marijuana smoking take some of this and theyre going to go into the negative effects of the high. the psychosis, the irritability, the paranoia and all of this. >> while not all the plants are this high theres no question he has seen a trend. in 1972 it was less than 1% thc and now its nearly 13%. >> are people becoming more obsessed with high thc marijuana? >> i think so. they start out with a half a per cent or 1% and they...

Probably never be free. >> i have a lot of people saying that, you know, that they guarantee that they are going to kill me, and i will never be a free man. i know they dont know me and a majority of the people when they sit down with me one-on-one and with my family and i think that have a different perspective. >> reporter: when people recognize who you are and they recognize you, what do you do? >> smile. >> reporter: how often do they smile back? >> 99% of the time. the 1% that dont are the ...

I dont know what agenda they have. >> the case is over. but the judgment continues. while george zimmerman may have won his freedom, he will probably never be truly free. >> i have a lot of people saying that, you know, they guarantee that theyre going to kill me and ill never be a free man. i realize they dont know me. ive learned that. the majority of people when they sit down with me one-on-one are -- or with my family and i, they get a completely different perspective on me. . >> where youre...

Chad myers, thanks so much. >> youre welcome. and you heard chad, its been a wild winter for sure. brian todd, we have put him out in the elements. at least the sun is shining, right? not totally mean to you, brian. there really seems to be mild weather everywhere. >> thats right, brianna. wild weather that has made the top of our newscasts and our headlines for weeks now. youre talking about the piles of snow that have been dumped on the east coast, in the southeast, northeast, in the last fe...