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Detailed text transcripts for TV channel - MSNBC - 20110903:04:51:00

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Transcripts For CNNW Your Money 20110903

and at 3:00, we ll talk to general russell honore. plus fredricka s interview with tiger woods. i m alina cho. see you in one hour. your money starts right now. i m ali velshi. no economic issue is more important to americans than jobs. here is the latest. we had a jobs report come out for the month of august, no new jobs were created in america in august. the unemployment rate, which was 9.1% before we got into this remains at 9.1%. stubbornly high. the number of unemployed people in america officially is 14 million people. the situation is getting dire. but i want to give you a bigger perspective. it s hard to live in the moment and make decisions. let s go back to the beginning of 2009. that s when president obama first took office. we were losing in excess of 700,000 jobs in the month that he first took office. through 2009, things looked to get substantially better. according to experts, the recession ended in 2009. 2010, boy, we were building in the beginning of the

Transcripts For CNNW John King USA 20110903

they call it spiritual spanking, and they believe it s god s will. lydia was beaten to death in the name of god. she allegedly mispronounced a word during the home schooling session. that was her sin. we heard the phrase death by a thousand lashes. that s basically what this was. her parent pleaded guilty but was sent to prison. but michael pearl is still spreading his gospel through a book he wrote with his wife to train up a children. more than a million companies have been sold. they wrote it as a blueprint. it says if you spare the rod, you hate your children. but if you love him, you chase him timely. they say they re not to blame, but spare the rod, spoil the child is a message many fundmental christians and preachers embrace. you ll hear from a woman whose parents followed the teachings. she calls it abuse. this is a systemic form of brainwashing of these children. our investigation led us to a corner of christian fundamentalism that operates beyond the rea

Transcripts For CNNW The Situation Room With Wolf Blitzer 20110902

situation room starts now. thanks very much, brooke. happening now, republicans pouncing on president obama and a horrible new unemployment report. this hour, the numbers and the politics and what it all means for millions of americans who need a job now. plus, i ll talk to a republican congressman who plans to boycott the president s big jobs speech before a joint session of congress next week. also, a new worldwide travel alert as we approach the tenth anniversary of 9/11. national security insiders tell us what they know about the risk of a terror attack. revenge, as far as al qaeda is concerned on that momentous day. and a statue honoring one of the most important figures in american history, made in china. controversy surrounding the dr. martin luther king memorial. i m wolf blitzer, you re in the situation room. it s a big fat zero, and it s a bright red circle around the unemployment mess in this country right now. the government reports today that no new jobs we

Transcripts For CNNW CNN Newsroom 20110902

first as we head here into the labor day weekend with a brutal report on the job market. basically, it has come to a grinding halt. the unemployment rate for august didn t budge an inch. here you have the number. it is still sitting at 9.1%. the net number here, that s the important part. the net number of jobs created in august. zero, none, goose egg. private employers did add 17,000 jobs last month. but do the math. government eliminated 17,000. so the net change is zero. this really is a once in a blue moon event. if you think about it. the last time the bottom line on jobs was zero was all the way back in february of 1945. 45. that s before the baby boomers were even born. the weakest jobs report in almost a year comes amid consumers wavering confidence in the economy. we ll been following that jumpy volatile stock market. on the heels of the big debt ceiling fight and washington s credit downgrade. you throw all that together, then you look ahead here. we re less than

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