Page 118 - Tech Bubble News Today

soledad. you look gorgeous. >> you like the hair. you satisfy. its all about the hair at the end of the day. >> see you guys. it could be the end of the fen year war. leon panetta says there is a new goal, end come bad and switch the role of u.s. and nato troops from fighting and training. presidential candidates already weighing in. mitt romneys trashing the plan. the chairman of the house armed services committee calls it premature. were going to talk about that? just a second. fir...

>> thats not why were playing it. thats a healthy ego. >> you got to go with the joke. >> i know. were just teasing. >> just want to honor my man. >> this is in honor of don cornelius. we announced his death yesterday. soul train, did you watch "soul train" ever? am i right, saturday morning? >> did you pass by the channel or actually stop? >> we have a lot to get to. let me introduce our panel to you will cain, john fugelsan, i mangle your name all the time. soledad obrien -- >> thats...

>>shepard: $100 billion is what the experts say facebook could be worth. we could get a better idea tomorrow when they are reportedly expected to file paperwork for the initial public offering of stock. in other words, going public. how could facebook possibly be worth $100 billion? well, it is now one of the best, i should say the most well-known brands on the planet. the company reports that it has hull -- 800 million users and makes a ton on advertising and is getting bigger every day. that i...

Long-term policy. not just with this president. this goes back a long time now. >> at least 20, 25 years, mika. and weve been talking about it before where even the 1990s we thrived on a tech bubble. a lot of free money at the end of the 90s that ended up being an illusion. and then you had enron and mci, worldcom, and then, of course, the mortgage crisis. >> which continues. >> which created another bubble. >> and joe, i know you dont like it, but a also the 1980s too. this really started when ...

Allowed a lot of this to happen. is it fair to say that history will look back on alan greenspan very differently and more critically given the effect, the consequences of his decision, particularly after the bursting of the tech bubble to keep interest rates very low which clearly created a housing bubble? >> i think that is -- i was on the open market committee, so thats something we all have to think our way through, acknowledge that at least i acknowledge that i think there were errors. but ...

High interest rates but i am for rebalancing over time so you do reward thrift. i think its extremely important we do that. >> in terms of what you said, the one strong criticism that you made is the conditions that allowed all this to happen. the low interest rate conditions that happened in 2003, 2004 that allowed a lot of this to happen. sit fair to say history will look on alan greenspan very differently and more critically given the effect, the consequences of his decision, particularly aft...

but first up -- the chances of peace in the middle east after the latest round of speeches by prime minister netanyahu and president obama. ill be joined by tom friedman of "the new york times" who is just back from the middle east. now, heres my take for this week. weve just gone through an arcane debate about whether barack obama said anything new when he called for an israeli/palestinian settlement based on 1967 borders with mutually agreed upon land swaps. in fact, that has been ...

but first up -- the chances of peace in the middle east after the latest round of speeches by prime minister netanyahu and president obama. ill be joined by tom friedman of "the new york times" who is just back from the middle east. now, heres my take for this week. weve just gone through an arcane debate about whether barack obama said anything new when he called for an israeli/palestinian settlement based on 1967 borders with mutually agreed upon land swaps. in fact, that has been ...

Software, things like that. but weve seen hints of a tech bubble again with these ipos, linkedin cing out. is there sense these engineering type tech jobs are here to stay or are we in a bubble? >> in detroit this boom started about 18 months ago and what the experts say they see slow and steady growth for detroit. look at the numbers, were not back to prerecession levels for tech jobs. about 15% below those but still doing really well. the unemployment rate for people in technology is 4.5%. its...

>> we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. >> a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that ...