Page 57 - Pro Tempore News Today

Of the employment data that was out on friday. i think your line was 7.8 percent my...it rhymes with "fast." why do you say that? >>guest: well, i predicted three months ago, not in the last two weeks, that they would get the number under 8 percent come heck or high water. my issue is josh welch was not being mean enough when he was talking the facts. the numbers are scary they would come out with these numbers. i dont believe in them. the whole story is not just this number but for the last thr...

$5.6 billion anticipated. on that basis, we are to be grateful? or not? >>guest: thats the good part of the equation. a lot companies have sandbagged and the expectations already are low. my favorite company is apple who lowers estimates by the widest of margins and the analysts fall for it and they beat estimates by 30 percent or 40 percent. when all is said and done, lower earnings meeting higher valuation is not a good recipe for a good stock market. with the fed, i dont know what else they c...

The united states especially in a second obama term where there will not be any push back. >>neil: the health prospects is not an immediate concern, although it could change. if he feels emboldened by the six year term and by a president would looks the other way, and chavez has said he likes president obama, then what are we to expect from him? >>guest: he will try to increase his influence around the him story. he tried to effect the mexican presidential recount the last time around. we have s...

Ogre and he had ideas. >>neil: there was only one carter reagan debate and there was not a chance for cater to come back and prove himself. there are two more tunes for the president. >>guest: he is the other problem. there are two more debates for romney to further what he did in the first debate. or not. but there is a good chance the president is on the horns of a dilemma coming up on the town meeting. they trying to go back to it being an attack. first of all, i am stunned that the romney ca...

Know, is what we spending and where we cut back on spending. the argument the liberals give you, maybe we just charge more for what we are spending money on. that gets back to more government, less government, pay month for that government, pay less for that government, and that is the debate. >>guest: pbs is a good example. if it is as valuable as people say, the world would end without pbs, why cant people step up and pay for it? why do they have to go to the federal taxpayer and force people ...

Could be short-lived. explain that, please. >>guest: the most pro tempore -- most important factor that affects market is valuation and earnings and interest rates. the interest rates are down to zero and the instead printing $40 billion a month and evaluation is up there so it comes down to earnings. the direction of interest rates, rather, of earnings are now down. if that continues quarter over quarter the next two or three quarters, the market will follow suit. all the good stuff with the fe...

Expectation was so high for president obama going in it would be difficult to meet or exceed. i dont think anyone plans on what happened in the debate. we are see the effects in the polling data. >>neil: that heightens the pressure on mitt romney for the second debate? >>guest: when you talk about unprecedented, this first debate was an inflection point. what made it amazing from statistics you see fluctuation in polling data when the undecided is high like in the presidential primary. you have ...

Eight-point lead and it is down to one. in wisconsin the democrats lead has evaporated to one or two in wisconsin. we are seeing in key states, swing state, some coat tail. >>neil: normally, you remind me that the debates do not have long-term impact but could this, and it is dangerous to raise this question, be the exception? could it be different? could the position and the view of mitt romney have been such that just appearing on the stage and not igniting himself, that would have been enough...

Lot corruption in the election. the control of the media that chavez has been able to put in place is extraordinary. the use of government resources to campaign and to buy votes. it could be chicago-style politics that attracted the approval that we gave but it certainly is no example to follow. it is bad news for us and bad news for the people of venezuela. >>neil: obviously you didnt get the memo from jimmy carter who applauded their election process. >>guest: this is a sad commentary on the a...

A good many other supporters are not as strong or in his column as he thinks. given an appealing alternate they could and indeed will switch. what do you think? >>guest: that is the key. an aping alternate. right now, the national voter pie has, the approval rating of president obama at 47 percent or 48 percent is close enough to make a difference especially in the key states. what mitt romney has done is he has filled the void. we will hit that second inflection point in debate number two next ...