Page 12 - Bubble Burst News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Specifically from hospitality and retail. jobs are being added. a lot of it is low wage jobs and 11 million americans still remain unemployed. >> a lot of the gains concentrated among the wealthiest. when i look at these numbers, i remember in 1999 is, 2000, memories right before the last bubble burst. do we will have similar fears from the people you talk to it will happen again? >> feelings are certainly certainly mixed. a lot of the record highs we're seeing, the dow started at 13,000 right now. right now about 16,000. a lot of record highs we're seeing is largely because of fed stimulus. a...

Women coming back from iraq and afghanistan and doing two or three tours of duty and actually really seeing horrific things in real life and have done them, have witnessed them and how do we deal with them coming back? you know, that is a bigger issue, and yes, i think hollywood, we're always good for a debate and this is a subject where there is kind of, you know, subjective, so it kind of goes back and forth and arguments can be made for both sides. >> was hollywood pleased to see president obama? or has the warmth and joy of his original great power faded over the years? >> judging -- i don...

>> i would agree with you. i think we have a bigger problem in the future with all these, you know, young adults, men and women coming back from iraq and afghanistan and doing two or three tours of duty and actually really seeing horrific things in real life and have done them, have witnessed them and how do we deal with them coming back? you know, that is a bigger issue, and yes, i think hollywood, we're always good for a debate and this is a subject where there is kind of, you know, subjective, so it kind of goes back and forth and arguments can be made for both sides. >> was hollywood pleas...

John, christine, he witnessed it, a lot of people and heroes here in philadelphia helping out. >> i can't imagine walking by a building like that and seeing it collapse, and the sense to do what he did, go in and help people. thank you. and jordan, our thanks to you too. former republican presidential nominee mitt romney, revealing what it felt like to lose last year's election and return to private life. in an interview, he talkeded about the moment his public bubble burst. >> christine and john, i sat down with mitt and anne romney in park city, utah. some people coming out here, chris chr...

Buyer you can be. how do you do that? one, you have to get your credit check. two, you have to be able to go ahead and get preapproved for a mortgage. you need to have that extra edge. you want to have 20% down. more importantly, with all of these new home sales, you want to have a little imagination. you may end up buying a house that's in preconstruction. you may buy one you haven't even seen finished yet. >> okay. i have heard from real estate agents that there are actual bidding wars once again which kind of scares me because we all know what happened when the bubble burst, right? so how m...