Page 11 - Confidence Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This is your way of voting. >> there's a couple of things. there's still a confidence issue. you look at the fed chief saying essentially i don't know what it's going to look like here. is it a double dip recession? i don't know. >> that didn't help. larry summers agreed with him. >> right, secretary geithner does not zbragree with that per. a lot of ceos don't agree with that either. they don't think there's another dip coming. but you also have the housing market. as long as the housing market is still in the crisis that it's in, which is because unemployment is where it is, you really can't...

Occurring across the country. i think it's important for us to make sure that we stay focused on taking real action, and i think that has to be done in a two-step way and done in order if we really want to get to the root cause of this issue and find a real solution, the first being getting to the bottom of it, conducting this investigation, understanding the depth of this problem. that must happen first. and the second step is then figuring out who is the best person to lead the charge to fight this battle and conduct this overhaul of the v. ajts and fix this. my concern really is if we fire ...

Things like that, consumer confidence, those numbers are not great right now. what are the trends you guys look at on "squawk box" and cnbc. >> we look at the confidence numbers, and those don't reflect positively. oddly enough and it comes back -- i'll say it over and over again. the ceos you talk to over and over again, their companies are not falling off a cliff the way you'd expect them to. the question becomes, what are they doing with the earnings? and unfrortunately, they're not investing in new plants and equipment, what they're doing is hoarding the cash or buying back their stock or ...