Page 13 - Austerity Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Who responded with tear gas. we are joined by david leonard. thank you for joining us. >> of course. >> the big picture is that parliament is supposed to vote this week on an austerity plan that some say doesn't go far enough, that will only delay the inevitable. and also from germany, that she doesn't see a big global agreement that will stall default. where are we with europe? >> i think the problem is that the global economy needs austerity from greece but it can't only be us a tai tausteriy from greece. they are just in too deep. so the solution needs to involve some combination, not only ...

Sounding plan for dealing with the economy, for dealing with foreign policy. they're not doing that. >> i can't believe i agree with gene robinson. >> there we go. >> i totally agree. you're right. >> it was going to happen one of these days. i knew it. >> i would have brought party hats and streamers had i known. i want to get to katty kay but you want to jump in, richard. >> if people put forward a plan they'd be on the defensive and have to explain why they put forward some serious positions which involve compromises. they won't do it. it is much easier to run against to make this a referen...

Early trading over fears about the dire financial situation in greece. the greek finance minister said yesterday the new austerity plan will not be enough to meet targets imposed by international lenders. here in new york the loosely organized group of protestors known as occupy wall street says it is digging in for the long haul and their efforts may be paying off. a weekend march resulting in more than 700 arrests has now propelled protestors into the national spotlight. here is abc's t.j. winick. >> reporter: they are hundreds strong. protestors calling themselves occupy wall street, came...

Cnbc market wrap. the stocks losing steam the final hour of trading, but still finishing firmly in the green. the dow jones industrial average gaining 146 points, the s&p 500 adding 12, and the nasdaq climbing 30. the dow was up as much as 300 point earliest in the session on hopes for an agreement on how to deal with the eu debt crisis, as well as the greek parliament's approval of an unpopular property tax that is the key component of its austerity plan. but the rally faltered on a report that there's a split over euro zone's ministers. gold surged more than $50 an ounce, rebounding from its...

know now is are we getting into another recession now? >> no. i submitted my forecast to the various polls last week and said no, the economy would grow faster in the second half, things will get better. are there perils? of course. >> those with money who don't need credit or who have the ability to get credit can really do well in this economy and those without jobs at the bottom, with tough credit, are excused for thinking that things are bad. >> absolutely. if you don't have a job, it is still a depression outside. or still a recession. we're not growing fast enough to help those...