Page 7 - 2009 2010 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hats. but one of the great operators for the governor to hill was rahm emanuel. and even then there was anger about the how they handled legislative products. you them holding out for bipartisan support, everyone is saying, this is silly and it was never going to get there, and that is one of the big stories of the administration, they cannot manage the hill well enough to get legislation that they need through. >> i would say though, that was the most accomplished congress since lbj in the great society what we went through in 2009/2010. health care was a mess. it's always going to be a tough...

Why? all the wall street millionaires and billionaire lost their job, had the salaries slashed and we can't support the welfare state. the wall street guys come in handy sometimes. >> bob: 40 some states are at deficit. wall street hurt your welfare state. >> bob: wall street is not hurting. they have had the biggest profits they have ever had this last year. >> greg: thanks to obama. >> eric: right. thanks to obama. under obama, this is convenient. you said this last year. under obama, wall street banks and wall street made $77 billion in 2009/2010. under bush, they made $55 billion. >> bob: ...

Why? all the wall street millionaires and billionaire lost their job, had the salaries slashed and we can't support the welfare state. the wall street guys come in handy sometimes. >> bob: 40 some states are at deficit. wall street hurt your welfare state. >> bob: wall street is not hurting. they have had the biggest profits they have ever had this last year. >> greg: thanks to obama. >> eric: right. thanks to obama. under obama, this is convenient. you said this last year. under obama, wall street banks and wall street made $77 billion in 2009/2010. under bush, they made $55 billion. >> bob: ...

2006. and then it pushed right ahead in 2010 and 2009 to above the $1,000 mark, hitting about $1,160 back in 2009. of course, it's added another $500 since then as investors become concerned about a whole raft of tensions in the middle east, the affects of the japanese tsunami and the euro zone debt crisis. we finally have the graph. here we go. in june 2006 this particular commodity was trading at $580. an ounce. what happened here, we had the financial crisis, gold shot up even more and then in the year 2009/2010, as you can see, it surpassed $1,000 an ounce. that's an all-important psycholo...

Fare, groceries are up because you've got to truck everything back and forth. how overall -- >> everything is up and wages and income are flat. groceries are up 3% to 4% this year. that's double the levels we saw in 2009/2010. airlines just this week, a couple of them, announced they'll raise fares yet again, some by $10 a round trip. so consumers right now are just griping. they're complaining. we're seeing that reflected in some of the sentiment, but they're not changing their hacketts. again, if these prices continue to stay or worse if they go higher, we are going to see behavioral changes...