Page 47 - The Automatic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

At the same time here in the u.s. we're watching everything happening or isn't happening with the super committee. waiting for that super committee, the market thinks to come out during the day to fall on the swords and say they couldn't get the job done. that is also causing a lot of uncertainty here in the u.s. and all the way around, all 30 of the dow stocks are trading lower right now. it looks like it's going to be a rough ride, although we still do have hours to go here. >> this is a bad monday that followed a really rough week? >> it is. it is. you know, we have a shortened trading week...

Believing what they were told. that this committee would work. not because these guys are good guys or good women, but because if they didn't, the sword of damocles would come down on this defense department. now we're told they're always planning ways to avoid the sequestration to follow this, the automatic cuts. it looks like it was a game and we were sapped into it. >> and if you need anymore evidence of that, when do sequestration, automatic cuts trigger? january 2013. that's not by accident. after the 2012 election. look, i know that blame is going to go all over the place. i tend to thin...

And early next year, the sources of growth fade and we have a tax increase if we do not have any legislation, and emergency benefits expire, and they do not get the money they don't spend and, now, the confusion with regard to how we will address our fiscal problems and is congress and the administration going to follow-through on the automatic spending cuts? and, then, of course, europe. so my point is, 2012 is ship up to be a very, very tough year and in large part because the super committee decided to punt. at least at this point it appears they decided to punt. >>chris: thank you, mr. zan...

This picture? i was watching that coverage what was coming in the capitol. 40 years ago we could put a man on the moon but 0 years later we can't balance the budget. jenna: that is some perspective, yeah. >> it is a depressing statistic. $15 trillion. that is big number. a trillion dollars, jenna, is a,dollars. there are a lot of zeros. 12 zeroes in a trillion. 13 zeroes in 10 trillion. enormous numbers. this is so depressing because they can't even get the first trillion dollars of cut. if we stay on the baseline we're on now and we do nothing, jenna, we'll have a $10 trillion increase to the...

cain doesn't have the foreign policy chops on this "american morning." -- captions by vitac -- www.vitac.com good morning, everybody. it's tuesday, november 15th. ali velshi off today. i'm christine romans along with carol costello on "american morning." welcome back, carol. >> thanks. i had a great few days off, but it's going to be back. good morning to you. breaking news to tell you about right at the top. overnight police in new york city moved in and cleared out the occupy wall street protesters from zuccotti park, the birthplace ever the occupy movement. the evictions came ...