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Detailed text transcripts for TV channel - CNN - 20110522:19:26:00

Software, things like that. but we ve seen hints of a tech bubble again with these ipos, linkedin cing out. is there sense these engineering type tech jobs are here to stay or are we in a bubble? in detroit this boom started about 18 months ago and what the experts say they see slow and steady growth for detroit. look at the numbers, we re not back to prerecession levels for tech jobs. about 15% below those but still doing really well. the unemployment rate for people in technology is 4.5%. it s 9% for everyone else. the jobs in michigan, i think with michigan, you have a manufacturing base, manufacturing is becoming more technical, so you also got a low cost base in a city like detroit. for companies you have cheap property. it s cheap. train people and these two-year degrees people can get into to work in technology. excellent. always good to know. people in detroit to get jobs to pay taxes that s going to help the place. we ll be together as we watch ....

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CNNW Your Money May 22, 2011

we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m certain. a, the debt ceiling has been raised 74 times since 1962. second the consequences for not raising the debt creeling are dire and everyone knows it i have my tim russert prop. if we don t raise the debt ceiling the government cannot issue new debt. we take in 60 cents for every dollar we spend. we ....

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Detailed text transcripts for TV channel - CNN - 20110521:17:26:00

About $50,000. if you re in engineering, you re pushing $80,000 or if you re in software. easily. but we ve seen hints of a tech bubble again with these ipos. we saw linkedin coming out. is there some sense that these tech jobs, these engineering-type tech jobs are here to stay or is it a bubble? this boom started in detroit about 18 months ago. they see slow and steady growth for detroit. if you look at the number, we re not back to pre-recession levels for tech jobs. we re about 50% below those but we re still doing really well. the unemployment rate for people in technology is about 4.5%. it s 9% for everyone else. the jobs here, especially in michigan, finally with michigan, you have a manufacturing base, manufacturing is becoming more technical. so you ve also got a low cost base in a city like detroit. for companies, it s a dream. you have cheap property, you can train people. there are two-year degrees that people can get to work in technology. excellent. always good to ....

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CNNW Your Money May 21, 2011

some serious concessions from democrats. we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling both short term, medium term and long term. that s what it would take to get my vote. will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m so certain about this. the debt ceiling has been raised 74 times since 1962. second, the consequences for not raising the debt ceiling are dire and everyone knows it. i have my prop here. the issue is, if we don t raise the debt ceiling, the government cannot issue new debt. the problem is we take in 60 cents for every dollar we spent. we spend 40% more than we t ....

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