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economy came out just minutes ago. christine roman has those and then zain verjee looking at reaction to a deal made on the debt crisis and alison kosik at the new york stock exchange where your 401(k) could enjoy a big day. christine, let s go ahead and start with you. before we focus on the big debt deal, if you don t mind, let s talk about what this means. tell us about the economy and the good news we re getting. all right, first of all, gdp. how the economy grew in the most recent quarter. the third quarter. 2.5% kyra. that s twice as fast as it was in the second quarter. it shows you there was a pickup in economic activity in the third quarter. and that is the best in a year. so, kyra, that tells us that the economy is doing a little better, it needs to be better than 2.5%, but that is better than it has done in about a year. that is good news about where the economy is going right now. the overnight deal on the european debt crisis. let s talk about how this ....
He is going to surround himself with people who don t necessarily agree with everything he thinks and who are not going to reinforce every thought he has but challenge him and help him see things in a different way. the problem is nobody knows anymore what barack obama thinks. what barack obama has done is make him seven an empty vessel once again. because he was so passive over the last two years failing to articulate a rationale for what should have been transformation he let the tea party, one of the most vapid, purile groups out there take over those voices for transformation and now he is embracing their agenda rather than standing up and saying this is what i believe in. and i think that is why people are gasping saying, wait a minute, bill daley is a wonderful guy. nobody will speak ill of him as a person but ideology matters. politics is about ideology and either this president knows how to stand up and fight for it or he doesn t. and if he doesn t, then why will people care ....
Years. this is not going to be good news for the democratic party that believes in an ideology of change and resuscitating the middle clot. eliot, i feel your pain. i do. what is most appealing about this pick and i m talking about bill daley, is that obama did not go for his ideological twin. he actually picked someone who might challenge him. this is very lincoln-esque. i think you would find that appealing. he is going to surround himself with people who don t necessarily agree with everything he thinks and who are not going to reinforce every thought he has but challenge him and help him see things in a different way. the problem is nobody knows anymore what barack obama thinks. what barack obama has done is make him seven an empty vessel once again. because he was so passive over the last two years failing to articulate a rationale for what should have been transformation he let the tea party, one of the most vapid, purile groups out there take over those voices for transforma ....
Know what you would do. you can send people with credentials, they have policy points, we re going to take the place apart. now, here s where i completely part company with her. i think the tea party, that piece of the republican party is vapid, has no ideas. remember herbert hoover? we don t remember him, presidents during the depression, that s where they re taking us, they re going to destroy the country, but that s an appealing ad. now how i have politely been listening. she s saying she s going to go to washington and represents the angry people sick of the elites, what are we going to do now? start burning elites at the stake? no, but understand that s the politics of the moment. there s an element of truth. sheets saying, look, all the people who are so smart, to use their line, this is tough for me, all those people who went to the big universities, hoar varied yeah, you re pointing at me. she is saying they haven t done ....
The first question was tell us about your parents and the second one was tell us about how the constitution has been amended over the course of the nation s history and she s in the process of that history lesson, as well as a bit of more personal biography. the hot stuff is going to come later at the hands of republicans, the banking republican, seated next to the chairman of pat leahy is jeff sessions of alabama. he ll go off each senator has 30 minutes to ask questions, which means to make speeches and ask questions of the nominee. how much answering she ll have to do will depend on how long the speeches are. they re almost trained, these nominees, to talk slow and limit their information. orrin hatch, republican from utah, is suggesting she has lots of explain to go do. listen to the senator from utah. it will be interesting to see if she ll live up to what the law review article said as far as criticizing the vapid way the hearings are held. but i suspect she s going to have t ....