Page 5 - Tracy Point News Today

0 members of congress still in their home district, speaker boehner put that ball in the senates court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and its not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is th...

you have to stay tuned for that. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: i look forward to that story. the before and after pictures are quite telling. we are doing quite well today. up 124-point right now. off of our earlier highs. you have most of the names on the dow with up aeros. microsoft and cisco being the only two pulling back a little bit. microsoft getting some downgrades today. you have financials, jpmorgan, bank of america l...

forgiving the loan is doing nothing but putting the burden on the taxpayer and starting the bubble all over. >> she makes a great point about the cost issue. 55% of kids are graduating with student loan debt, a big burden on them. should we forgive it as they want to do in d.c.? >> one of the unfortunate things is you cant file for bankruptcy on a student loan. youre prevented. they can go after you for the rest of your life. that should be changed. because this is a -- this is the fas...

is it horrible for taxpayers? >> my heart bleeds for the students carrying these loans. the average is $28,000 but its not going to create jobs, its not helping the problem. the problem is lenders will give loans to anybody with a social security number. and schools know this so they keep raising tuition knowing the kids can get funding. they raise tuition during your four years there. thats the unfair part. forgiving the loan is doing nothing but putting the burden on the taxpayer and...

layfield and wayne rogers. pick up a copy of wanes new books "make your own rules." joining us is strategist julian epstein. welcome to all of you. jonathan, is it time to let the states just go bankrupt? will it save taxpayers money? >> the represent a exists. the states are at or near bankruptcy. look at the funds, theyre down 15 to 20% in the last three or four months. the entitlement and contract you mention and the social spending that put them in the precarious position. in many ...

our "cashin in" crew this week, wayne rogers, jonathan hoenig, tracy byrnes, charlie gasparino. also joining us this week is democratic strategist julian epstein. welcome to all of you. senator demint thinks making extension on the jobless benefit should be a loop and it would help pay for it. you say it will help job growth. how so? >> he, like everyone else, wantous to have skin in the game. one thing to give people 26 weeks. but after that, the notion of sitting hope and collecting ...

week -- wayne rogers, jonathan hoenig, tracy byrnes, with charlie gastparino from the fox business network. pick up his book this october. there is the cover. also joining us, christian dorsey from the economic policy institute. welcome to all of you. all right, wayne, no, way, youre fired up over this. the president says extending all the tax cuts will cost the government money. yes or no? >> well, im not so fired up as i am startled by the logic that says hey, by the way, sticking up...

trial lawyers are now using racketeering laws meant to take down the mob to shake down b.p. how taxpayers could end up paying no matter who gives b.p. the biggest whack! and charging parents for having chubby kids? tracy byrnes with the new healthcare law and says it could happen. we cut away the fat and get right to the issue. your money, your life, your show to stay ahead of the game. "cashin in" starts right now! ♪ >> cheryl: all those protesters railing against big banks may soon...

dad for cash and bring it to the classroom so they can keep their cushy jobs, an outrage alert that could teach us a lesson how far unions will go to keep the status quo. all that and it could be your best money move for the entire year. dying. >> what kind of a host invites you to the house for a weekend and dies on you? >> announcer: passing away before christmas could be the only way to avoid passing on your hard-earned life savings to the government instead of your family. why uncl...