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CNNW Your Money October 16, 2011

stephen moore, a good friend of the show, editorial writer with the wall street journal. this week, as expected, president obama s jobs plan failed to pass the senate with an election in november 2012, just over a year away, are we looking at another major overhaul in congress and perhaps the white house? are we looking at a situation where voters might say throw all the bums out? yeah, we are. i ve been looking at these numbers. you have, too. i ve never seen incumbents in washington so unpopular, even more unpopular than in 1994 when we had a big election and threw the bums out. this is not a good time to be an incumbent, republican or democrat. some of the political pros i m talking to are thinking maybe as 100 incumbents in the house could lose, which would be a near record. for conservatives like you, fiscal conservatives like you, what is the best strategic way to achieve your goals given everybody is mad at everybody right now. look, i do think it starts ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111015:16:35:00

Think of peer to peer left-hand lending to borrow with a stranger. prosper and lending club. they vet your financial history and you get a credit score and write why you need the money and an investor, every day people looking to get a return pick out the people they want to help. the boorer pays a lower rate and an investor earns the money a bank would typically rake n banks spreads are enormous and borrowing at zero and lending it still high rates. and so why can t the average american that. investors can get as little or as much as youment. peer to peer companies working as a middle man to keep ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111014:13:24:00

Justified. so when you say i play to that, i commend them for being outspoken. martha: david lee miller joins us live in new york city. what happened down there, david lee? reporter: there was a combination of relief and joy when the demonstrators got the news. they were bracing for a confrontation. that did not happen. let me roll the clock back three hours. that s when demonstrators got the word the cleanup was off. they used a human megaphone. they don t have earn amplified megaphone. someone repeats it and someone else repeats it and that s how the word spreads. his to the reaction from the demonstrators. wall street our street. ....

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Detailed text transcripts for TV channel - MSNBC - 20111006:18:34:00

That is upsetting to them. you say listen, i support you. but you need to make changes to succeed. well, i m not sure if it s changes. i m not sure which direction they re going. it s still pretty early in this. my main point, tamron, i m concerned that the movement as it grows and spreads and as more people pay attention to it, that it figures out in the right way to talk to middle america and to talk to people sitting at home in their living rooms watching about it on tv. that right way is basically to say to people we re like you. we are you. we re middle class. we re working class people who have the same struggles that you have and we re out here representing you. as opposed to some other kind of there is this historical thing on the political left. whatever you want to call it. sort of an angrier or harder edged kind of posture. it s just my hope that that kind of thing is avoided and that they speak more openly and ....

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Detailed text transcripts for TV channel - MSNBC - 20111005:20:19:00

Else has, technology made it harder to make money, wall street is actually declining in revenue right now. the irony of this movement happening right downtown, that s what we re calling it right now, the z party. i like it. you heard it here first. wall street is actually getting clobbered, and it is for a whole bunch of reasons. the markets, of course, are terrible. the spreads have come in. it s a terrible time. technology has changed our business. and regulation. can you not you cannot do what you used to be able to do. you can t lever up. for every dollar that i actually put in, i get to amplify it 30 times. not happening anymore. regulation is taking a very severe toll. can you no longer use your own capital in the same way that you could before, the so-called volcker rule and we re going to see it in ....

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