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Crisis, case closed. 325,000 foreclosure notices alone in july. 300,000-plus every month for 17 straight months. a million homes this year repossessed by the banks. that is a crisis. 3 billion to the unemployed or the sick to help them with their mortgages for maybe two years, a drop in the ocean and highly politicized. megyn: it starts a slippery slope. what happens in a couple of years. i want to get to the unemployment rates rising. tell people what the news headline is. >> reporter: in the p...
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Four hundred twenty-nine thousand new claims for unemployment benefits filed last week. now that, is the lowest level in nearly two years. but the unemployment rate is still stuck at 9 1/2%. little hope of it dropping significantly any time soon. and that is stirring a lot of skepticism over the white houses latest claims that the huge stimulus program saved or created millions of jobs. whats the real story behind all these numbers? lets talk about it with business fox networks clay claman who j...
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To start spending their money. thats the catch. theyve got $2 trillion theyre sitting on. when they start really spend, then its going to turn around. >> when youre not out in aspen talking to the intellectuals and the fancy people, you talk to regular folks as part of your day job. >> like i get to do all the time. >> im curious, what is it that they want to hear from the president? or is there anything the president can say to make folks feel better right now? >> i think the presidents along f...
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Help or hurt harry reids campaign in nevada? >> >> reporter: you know, what, its a mixed bag. we all know the president is a great campaigner and can help harry reid raise a lot of money. last night they raised almost a million dollars but keep in mind the president isnt as popular in nevada as he was during the election of 2008 because of his policies like the stimulus program and health care reform and the last time the presidents here campaigning for harry reid in february, harry reid didnt r...
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Highest in history. right now this can can hardly be deemed a surprise. weve had a failed stimulus bill. we knew this was coming and what we republicans in the house say is it ought to be offset. thats what the senate democrats are saying. thats why the senate left town without extending unemployment much insurance. were somewhat in agreement with them that it ought to be offset before we do it. >> give me an array of programs could you cut. >> i think the obvious choice is the pot of money in t...
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Struggling. and the numbers of as far as trust in government down to 22%. thats the lowest dating back to john f. kennedy, as far as the way that they have tracked the polls president by president throughout a term. we only have one year plus. but, still, thats a pretty i cant big -- thats a pretty big distinction i dont want to have if im the president. >> he is in a terrible spot here. in two wars. we thought the war in iraq was won. it doesnt now look like its quite as won. the one in afghani...
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