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July 4, 2010
Okay. so weve now heard from both paul krugman and niall ferguson. so what do i think? well, i think that the case for government spending in the short term is pretty strong. the private sector is simply not hiring yet. consumers are also being very cautious. you cant motivate either of them any further with the traditional tool that used to be used, lowering interest rates, because interest rates are already close to zero. if the government were to slash spending in this atmosphere, it would pr...
July 4, 2010
You trying to, you know, re -- sort of pump back up an unsustainable situation? these people, these companies should be come back down to more manageable levels of debt, and thats going to take a while. >> but why should lots of perfectly good productive capacity and millions of perfectly productive workers who have things to do that we all need be left unemployed while we do that adjustment? i certainly believe were not going to restore -- house prices are not going back to where they were. wer...
July 4, 2010
Something that was forced on us by the real economic environment but instead a bad decision. >> paul krugman, pleasure to have you on. >> good to be on. >> we will be right back. >> once you suddenly find your interest payments rising, its very quickly a shift into a death spiral, a kind of tailspin in which things compound. the greeks have been there. spain is there now. japan could be next. the uks teetering on the brink. [ male announcer ] progress. progress is saving tax payers millions of d...
May 5, 2010
World markets into a tail spin today. plus, which political forces won in yesterdays primaries? "the washington posts" chris cillizza joins us. msnbc on sirius channel 90, xm channel 120. boss: yknow, geico opened its doors back in 1936
May 2, 2010
The hour next on "larry king live." like him or dislike him, he is never dull. we welcome michael moore. >> try to like him if you can. please. >> larry: we welcome michael moore back to "larry king live." the most recent film "capitalism, a love story." continue of prophetic today. we are going to talk about goldman sachs. i think he is going to take them to task. the firms heads were on the hot seat. member of the permanent subcommittee accused them of unbridled greed and helping to push the u...
May 1, 2010
Systems is that theyre not fail safe. unfortunately, we saw an explosion and fire off of the coast of australia just last year. it was not supposed to happen. most of these cases arent supposed to happen. our technology is supposed to be unique and capable of dealing with everything. unfortunately, we find that it fails, either human error or technology. >> how do you balance -- this is always the trick. you balance the need to protect the environment and be good stewards of the earth and the oc...
February 19, 2010
Buildings at the port-au-prince airport took damage the day of the earthquake and including the terminal, and some passengers on the first flights out were relief workers. in florida, tiger woods says he is sorry. the golf superstar broke his silence this morning about the sex scandal that sent his life into a tail spin. he says that his actions did not cause the crash on thanksgiving. and the u.s. could be on the way to the top of the medal count for the first time in 18 years. they include...
February 16, 2010
Show you a rough breakdown of the federal budget. roughly 17% included the spending freeze. this is the frozen amount here. this is social security. thats not frozen. medicare, medicaid, other mandatory programs from here to here, you cant touch anything. here is the net interest. here is your disaster cost. this is what the discretionary -- this is turtle tunnels here. this is frozen. that is 83%. from here to here, 83% to balloon out of control can. all of the non-frozen areas are going to inc...
February 15, 2010
Administration and if you want to get out the crystal ball and gaze into the future it gives him a chance if president obama cannot recover from the current tail spin hes in, situates him to put himself forward as a moderate force in 2012. bill: and quack from the washington examiner, it is an interesting development we are learning now, evan byah will not seek another term as a u.s. senator, home state of indiana. 2:00 press conference with senator byah and our fox cameras will be there. uma: t...
February 7, 2010
A tail spin with its explorer firestone problems in 2000. the share price of tio toyota n 17% in the u.s. offering a thousand backs to trade in a toyota and buy one of their brands. toy quota has lost three points market share where as gm and ford have gained. a foreign carmaker caught in a fiscal fender bender. >> catch brenda every weekend on bulls and bears saturday at 10:00 a.m. part of the cost of freedom, the number one rated business news block on cable. back to miami now, where the colts...