What is going on with this market, you have seen selling since the election basically. We are down six of the last eight weeks. Majority of the dow opponents have come under pressure. The vix, the fear index, to the upside. I cannot tell you how many people were asking me about todays jobs numbers. Obviously, we have had Hurricane Sandy to contend with. We have our bed numbers then and they were also disappointing. We are still remaining under pressure. Lori the fiscal cliff front and center this week. Rich edson is in washington with the latest. Rich since the election, they have been staking out their opening fiscal cliff positions. For the president and democrats, increase taxes on those earning more than 250,000 a year. Opposing republicans who want no increases. It is politically unsustainable and the policy makes no sense for them to say that nobody in the country gets extended tax relief unless higher income individuals get a bonus tax break. An opening bid of 1. 6 trillion in n
If everything we own had improved over the last 25 years as much as electronics have, the average family car would travel four times faster than the space shuttle. Houses would cost two hundred bucks. Whats the secret behind electronics stunning advances . How many times have i reviewed these and wondered exactly whats inside there . Do you mind if i have a look . No, not at all, go ahead. Id like to have a look inside. Please do. Where i come from, you want to know how something works, you cut it open. Sony versus saw. Here we go. Think you guys are standing far enough back . cause i would not want anyone to get hurt. evil laughter what do you think well find . Elves . Butterflies . And now lets see what really is on the inside of a digital camera. Not much, really. And no moving parts at all. This digital camera. This is the brains. Pogue . Runs on a halfinchwide microchip. So it seems like if this is really the heart of the camera, a lot of it just exists so that i can handle it wit