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Detailed text transcripts for TV channel - MSNBC - 20111001:14:56:00

because it's just going to be a fact of life. we have so much access to information. we have computer trading. it's just too easy to shift the market, even on a psychological level. >> and based on this "time" "money" magazine poll, 74% of americans believe that social security and medicare, not going to be there when they retire. 64% say, i'd be willing to take a pay cut if i could keep my current job. when you see numbers like this, what is your reaction? >> well, here's the thing. only how many years ago, 2008, 64% of americans said that it's harder now to have the american dream. that number now is 80% of americans are saying, it's hard to have a american dream. you remember when we were kids, let's not go that far back. really, it actually lived and breathed and was there and we were very positive. what we're seeing is a new generation, young folks saying, this is going to be harder than we've ever seen it for generations and that's probably the way it's going to be.

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Detailed text transcripts for TV channel - MSNBC - 20111001:14:16:00

keep the dukes down. good morning. >> good morning, alex. >> for you, pat, right out of the gate, is president obama becoming our best terror fighting president? >> well, if you've got president obama and george w. bush, they were both active in the war on terror and there's no doubt that barack obama has been effective as a president in that. awlaki was an american but also the instigator for the ft. hood massacre of americans and wanted terrorist products and was in the company of a bomb maker when the americans killed him. so i think ron paul raised an interesting issue. i think we ought to declare war on al qaeda in order to legalize this. i think the president did the right thing. >> all right. so you're saying, yes, he is the top president fighting the war on terror? >> i think the president has

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Detailed text transcripts for TV channel - MSNBC - 20111001:14:55:00

even worse at 14% off of the quarter. meanwhile, a new poll showed 64% of americans felt that the economic conditions are poor and 44% feel that the economy is worse than before. let's bring in carmen. do you have a job anymore? does anyone have any personal finances to deal with? >> yes. it's really hard. >> the worst quarter in almost three years. what is behind it? >> well, if there's one thing we have found out, we are very much a global economy and this is the way that things have changed. they are going to remain this way. what is happening in europe is affecting us here and the confidence in the market as well as in the spring we saw good job numbers coming out. >> right. >> that totally reversed itself this fall. we're seeing a lack of confidence in the market. now, mind you in the spring, there's so much treasuries in gold and cash, eventually this will all go up. here's the thing that is not going to change. the volatility. the volatility that we're seeing is going to remain this way

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Detailed text transcripts for TV channel - MSNBC - 20111001:14:15:00

there's controversy today over the drone strike in yemen that killed two al qaeda leaders. the attack makes it clear that obama will not to carry outcome bat zones. >> this is further proof that al qaeda and its affiliates will find no safe haven in the world. we will be deliberate, relentless,ress lawsuit in our commitment to destroy terrorist networks that are aimed to kill americans. >> joining us is pat buchanan, an msnbc analyst and peter fen. both are in separate places to

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Detailed text transcripts for TV channel - MSNBC - 20111001:14:08:00

mark murray, tell it like it is. thanks so much. >> thanks, alex. today, president obama has stern words for congress and his jobs bill that's been sitting on capitol hill for three weeks. he says that he wants to have to come back to his desk so we can sign it into law now. >> economists from the across the political spectrum said that it will boost the economy and spur hiring. why would you be against that, especially at a time when so many americans are struggling and out of work. one republican was quoted assaying that this party shouldn't pass the jobs bill because it would give me a win. this isn't about giving me a win and it's not about them. >> last night the president held a meeting about his fundraising campaign. let's go now to the three biggest money headlines generating the most buzz this morning. a debit card dilemma for bank of america customers.

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