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Important to the western banking system -- >> it reminds me, a few year ago, a comedian said, i dont get, a guy at the end of the my block forecloses and iceland goes broke. this is a matter of int interconnectedness. this is an interconnected story. its the result of a monetary union that is not a fiscal union. its the result of some pretty prof la gat and riskless features, on the failure to reflect your borrowing in your books. you know, youre absolutely right, dylan. its probably a point tha...

news. mission over, but hardly mission accomplished in iraq. >> so today i can report that, as promised, the rest of our troops in iraq will come home by the end of the year. >> now president bush began the war in march 2003 with a dose of what the pentagon called shock and awe. in announcing its end, president obama used the term success, not victory, and said it was time america focused less on wars overseas and more on economic problems here at home. >> i would note that the end of ...

A current outbreak linked to cantaloupe is blame forward 72 illnesses and 16 deaths in 18 states. now back to on the record. for your latest headline goes to fox news. >> so are you ready for the big news? here it s unemployment rates fell in two-thirds of u.s. cities last month. great news huh? think again. here to explain is economics reporter for "wall street journal". its good news but just not profound its not prof yound anywhere. looks like were going see it go up before it comes down beca...

Opposition figure. he was pelted with rocks, eggs and to maltos. he and the staff were not hurt. now back to "on the record." for all of your latest headlines, go to foxnews.com. t. for your latest headline goes to fox news. >> so are you ready for the big news? here it s unemployment rates fell in two-thirds of u.s. cities last month. great news, huh? think again. here to explain is economics reporter for "wall street journal". its good news, but just not profound its not prof yound anywhere. l...

Not seen since spring of last year. planned layoffs are up 2/3 from the months before and the level a year ago, and while we have been watching government austerity shrink the public job sector now were seeing layoffs at drug companies and retailers and even when government had been cutting jobs, these had been the sectors providing some of the very few new jobs this lousy economy had been adding and now they are cutting too. so so much for the silver lining, i guess. so much for the theory that...

Be released to vindicate the s.e.a.l.s, to vindicate the americans, to prove that what we did was lawful, otherwise, there will be grave doubts. already u.n. representatives are saying that there are doubts, and already there have been calls for international investigations and i think that we should preemptively prof that what our brave s.e.a.l.s did and what the president ordered was lawful, proper and appropriate, and the photographs will prove that. >> colonel davis, let me bring you in this...

>> the third step in our approach is to further reduce health care spending in our budget. now, here the difference with the house republican plan could not be clear. their plan, essentially lowers the governments health care bills by asking seniors and poor families to pay them instead. is is is our approach reduces the cost of health care itself. >> he could not have sounded more genial and prof sorial when he said it. it could not have sounded any less blunt. but the point, it needed to be sa...

Putting in the context of "threes company." listen to how the president did it. >> the third step in our approach is to further reduce health care spending in our budget. now, here the difference with the house republican plan could not be clear. their plan, essentially lowers the governments health care bills by asking seniors and poor families to pay them instead. is is is our approach reduces the cost of health care itself. >> he could not have sounded more genial and prof sorial when he said...

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