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Reads from the white house. one is the official we stand by treasury secretary geithner and our economic -- i yadda yadda. former new jersey governor jon corzine come up as a possible replacement. what do you think about, lets say a corzine coming in to replace geithner? >> i dont think it would do any good. corzine would simply be another crony of the president. cronyism isnt going to turn this around. i mean, when he brought in bailey, who was supposed -- who took over as chief of staff. you r...
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Saturday. thats the same day as the ames straw poll. the story is whats going on with our economy. lets get to my first reads of the morning. the president getting hammered. accused of hunkering down in a moment of crisis when a lot of americans are looking for anything from washington on the economy. wall street had its worst day yesterday since the 2008 financial crisis. the dow had its sixth one day loss in the indexs history. it plunged by 635 points. the s&p fell 80 points, nasdaq tumbled...
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Reassuring the nation, starts to pack his survival kit after yesterdays selloff. the late-night reaction to the economic mess a bit later in the show. but first, lets get to the news live at 5:30 a.m. in new york city. from asia to europe to here in the united states, standard and poors historic downgrade of the nations credit rating is having a ripple effect on the worlds financial markets. although thats only a part of this story. the front page of the "wall street journal" reads, downgrade ...
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Good morning, it is thursday, july 21st, 2011. yes, 217 is the majority right now that you would need to pass something in the house because there are two vacancies. anthony weiner and dean heller. to my first reads of the morning. were in the same place we were three months ago. nobody has a debt plan that can get passed in the republican-controlled house. and theres more and more talk on the hill that the only way for house republicans to eventually support any deal is for them to watch th...
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It kind of days. the beginning, not the end of the end. lets get to my first reads of the morning, call it a jam session. house republicans want to jam the senate, democrats want to jam the house, we expect a house vote some time today on speaker boehners revised debt limit bill. we expect it will pass. wont be easy but hes going to get the votes. speaker pushing hard to unit his conference and using colorful language to get his folks behind him. some republicans, though, are frustrated by the t...
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Lets get to our first reads. the word of the day, its dysfunction after weeks and months of intense negotiations. not only are we not closer to a deal, we might be farther away from one. listen to the two men speaking last night, the president and the speaker. >> despite our disagreements, republican leaders and i have found common ground before and i believe that enough members of both parties will ultimately put politics aside and help us make progress. >> i gave it my all. unfortunately the p...
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What a spectacle last night. lets get to our first reads. the word of the day, its dysfunction after weeks and months of intense negotiations. not only are we not closer to a deal, we might be farther away from one. listen to the two men speaking last night, the president and the speaker. >> despite our disagreements, republican leaders and i have found common ground before and i believe that enough members of both parties will ultimately put politics aside and help us make progress. >> i gave i...
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A little more blue. good morning from washington. its friday, july 22nd, 2011. im chuck todd. july 22nd, a very important date to me. ill tell you later. lets get right to my first reads of the morning. now we know there are really two sticking points holding up the debt ceiling deal. substance and ego. well start with ego. the house and the senate are each selling something that the other side wont buy supposedly. but as speaker boehner realized that the mcconnell/reid plan wouldnt fly in t...
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Step. it suggests that you can win some of your concessions you want here. if youre going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully theyll agree to a corporate tax cut and hopefully doing somethi...