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Raising taxes on the rich. And whereas before we would think revenue was an open question. However you could get about raising that money to get president off republicans box on raising taxes on rich. He says again, i do not see any other way around it, and anything that comes close to raising amount of money you could raise, simply returning to the clinton era tax rates. That could explain this. Look at wall street today, a huge downdraft, continuing what has been a 6 slide, in the markets, since the election last week, charlie gasparino, on all of this. What do you make . I think this is bad...

U. S. Economy atop of worries about emerging markets. It was an orderly but a broad selloff with almost all sectors down 2 to 3 . Even staples was down 2 . The volume was very heavy, one of the heaviest days in a year suggesting that many professional traders were lightening up exposures to stock. Theres been a lot of talk about market complacency. As i mentioned, the volume was huge. 4. 7 billion. Thats one of the heaviest days in more than a year. As i mentioned, the volatility, the v. I. X. , closes at the highest level in years. Bottom line, most traders saw bonds that continue to rise whi...

The soul. According to the firefighters such cases are quite common in frosty weather that is why the warn people to be very careful and cautious when using heating equipment. Theyre also long lines of heavy vehicles on the country roads of the region. A passenger bus and broken the three hundred and seventy kilometer of the cost of the pitcher promised highway because of heavy frost. But that doesnt stop there were forty five passengers on the bus theyre citizens of kyrgyzstan. All of them were evacuated. This area is being repaired now and then the boss will continue on its route. The mainfr...

Shutdown. The white house and the Senate Republicans met earlier today in an effort to break the h deadlo. To members of congress of both side of the aisle. He may not want to call it a negotiate that is what i would call it many i do view that as progress. There have been constructiontive talks an when it comes to the House Republicans in particular there is an indication of a recognition that we need t to remove default as a weapon in budget negotiations. And again the stock market reacted positively. The dow wag was up 111 points ad they hope it will help the u. S. Avoid a default. Mike viq...

The monster cyclone phailin heading state for the state of odissa. Hundreds of thousands taken to government shelters. Tourists have left beaches. Phailin is so large its the size of france. Twice the size of Hurricane Sandy and fills almost the entire bay of bengal, supercyclone one of the biggest india has ever seen. Said to expect sustained winds of 167 miles an hour and gusts of 200. Seth jamil has more from indias coast. These are the waves that people come to the beach to look at. Couple of meters high and much more frequent than they usually are. This is literally the calm before the st...