Page 43 - 83 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

i'm erin burnett. outfront tonight, saving us from ourselves. a superhero saving america, just like clark kent, the original 1950 superman. >> faster than a speeding bullet. more powerful than a locomotive. able to leap tall buildings in a single bound. >> look, up in the sky, it's a bird. >> it's a plane. >> it's super bloomberg. he came to new york city with powers and abilities far more than mortal men. super bloomberg has banned smoking in bars and parks. forced restaurants to stop using transfats as his bare hands and he is really fighting for america's health, saying you can't ...

Also has -- well, it was brought to us at 7:40 and the meeting started at 8:00 and in it is some pension reforms that we might have agreed to but we didn't see the language. >> as i understand it -- >> and we need it! we need the reform. >> you sure do. and you've got in your state $83 billion worth of unfunded pension liabilities. >> correct. >> and the deadline to figure out what to do this time is thursday. how close are you? >> that's correct. we're close. we've been working on this. we've got some plans that are out there but when this comes forward, the bad thing about this is it shifts ...

Give them bonuses whether fannie mae and freddie mac are doing well and they are facing charges for accounting fraud, security fraud, they are having their legal bills paid and the estimate is the tab so far is approximately $200 million. so far. just in legal bills alone and it will probably get larger. >>clayton: this is the total cost to taxpayers since 2008, $183 billion from the federal housing finance agency, so, to be dealer, the same executive whose got us into this mess are now being defended, in court, using lawyers and taxpayers dollars, to defend themselves there they get us into t...

Be upset with this. >> i know. i know. people are going to be upset and they have a right to be upset. i mean, the federal government has created a mess, a, by getting into the housing business. in 1938 which was then fannie was started and in 1970, under richard nixon which was when freddie was started, and then entering agreements with the officers of these corporations which once were wholly owned by the government and then were traded on the public stock exchanges, then are back wholly owned by the government entering into agreements that we will indemnify you, we will pay your legal defen...

And i'm going to work very, very hard to make sure that the people in this country have a brighter future than that just being projected by the cbo. driven by the policies they're seeing from a president who is failing. he's frequently telling us he did not cause the recession and that's true. but he made it worse. >> this segment is going to make your head spin a little bit, so be prepared. welcome back to "the ed show." thank you for watching tonight. republicans, well, they have what they think is a new club in their hands that they can bash president obama over the head with. there is a ne...