Page 19 - Bubble Burst News Today : Breaking News, Live Updates & Top Stories | Vimarsana

But is plastic surgery the answer to schoolyard taunts and bullying? a shocking story. the panel will weigh in on what appears to be a growing trends. an oscar winning hold star has put a public face on a serious mental illness that most people would rather not discuss. can its be? no more erika cane? the bubble burst for wildly popular all my children *. they have been around for 40 years. nowee start the long sad good-bye. we'll be right back. you don't know it's coming. >> what a way to end the show. for pain?

The money bubble. >> yeah. >> glenn: it is the last one. >> well, let's hope it's the last one. i suspect after this bubble burst, the fed will look for ways to create another bubble and make us forget about the last bubble. that's the way they are doing it. there is a conscious attitude in 2003, 2004, to say okay. we're coming in the off the recession across the dot-com bubble. what do we do to make people feel wealthier? what they decide to do is gin up the housing market. everybody will feel like they have money, put people to work. what are they trying to do now? gen up the stock market. >...

>> glenn: it is the last one. >> well, let's hope it's the last one. i suspect after this bubble burst, the fed will look for ways to create another bubble and make us forget about the last bubble. that's the way they are doing it. there is a conscious attitude in 2003, 2004, to say okay. we're coming in the off the recession across the dot-com bubble. what do we do to make people feel wealthier? what they decide to do is gin up the housing market. everybody will feel like they have money, put people to work. what are they trying to do now? gen up the stock market. >> glenn: we see the way the...

Interest rates at record lows today one fed official warned that's a dangerous gamble. explain that if you will would. >> these low interest rates make it very cheap to borrow money. that's supposed to help bring an economy out of a recession. and it can also drive up prices. the fed official says the policy could create bubbles in the economy like when housing prices were running so high three years ago and we all know what happened when that bubble burst. >> shepard: less anybody thinks they are immune to all of this it has huge effect on retirement accounts. >> it does. all down this week. ...

Until they're back on their feet. now, beyond the gulf, many of those who have been hit hardest by the economic upheaval of recent yearsve t vhave been the people that you represent. for generations, manufacturing was the ticket to a better life for the american worker. but as the world became smaller, outsourcing, an easier way to increase profits. a lot of those jobs shifted to low-wage nations. to many who held those jobs went to work in the construction industry, as we had the housing boom. but when the subprime mortgage crisis hit, when those mortgages were called up on wall street, that ...