Page 8 - System Doesnt Work News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ludite of the specialist system -- i see the president walking out. >> interrupt briefly. president walking up to the podium. let's take a listen. >> seems like a daily basis we're barraged with statistics, forecasts, reports and data related to the health of the economy. but from the first days of this administration, amidst the worst economic crisis since the greatest depression, the truest measure of process will be whether we're creating jobs. that's what matters in people's lives. what matters is whether someone who needs a job can find work, whether people can provide for their families ...

And preventing this from happening again. they will make findings of their review public along with recommendations for appropriate action. i always spoke this morning with german chancellor merkel regarding economic and financial developments in europe. we agreed on the importance of a strong policy response by the affected countries and a strong financial response from the international community. i made clear that the united states supports these efforts and will continue to cooperate with european authorities and the imf during this critical period. so this week's job numbers come as a rel...

Were added in april. that is the most in four years. the jobless rate rose to 9.9%, though, as people stream back into the market looking for work. the president saying the difficult but unpopular steps his administration has taken are working. >> the truest measure of progress will be whether or not we were creating jobs. that's what matters in people's lives. what matters is whether someone who needs a job could find work, whether people can provide for their families and save for the future. >> on wall street right now, already reaction, stocks down as you can see on the screen, down 145 po...

History? is it worth saving? this is the question that we have to ask ourselves now when it comes to the country. because we're being told every day and we're going to be told more because the worst is still in front of us. we'll make it. we have to ask this question. is it worth saving? somebody is going to come and say this system doesn't work. it's never worked. it's always been bad. it hurts the poor. it enriches other people. what do you say we try an idea not from madison but from marx? should we? not worth saving. i think it is. then we have to look at the damage. if we believe it's wor...

Are we a country that takes wealth from somebody else and gives it to the poor? that is exactly what is happening right now. >> here's one other idea i had when i saw that steny hoyer floated this thing out about taxes. could he be the wingman for the president right now because the president promised he would not raise taxes for people who make under $250,000 so did hoyer go out on a limb and suggest maybe we need to do that so that he can take the fall instead of the president? >> may i make a prediction? you are going to see within the next two years this system doesn't work. this system do...