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>> not at all. he didn't say the economy is doing fine. he said the private sector is doing fine. the private sector is doing fine. >> bill: how do you quantify that? what do you mean the private sector is doing fine. >> in look at the nasdaq double since 2009. dow jones up 66% since 2009. look at the american corporations according to the "wall street journal" they have more cash on hand at any time since the 1960's. >> bill: they are not hiring people. >> that's a different issue. they are making a choice not to hire people. >> is the private sector just -- wait wait wait. >> they are doing ...

politics, ordinary spaniards feel the pain. and the french president says it was a mistake for greece to join the euro. first off, let's go straight to the european stock markets and see how they're faring at the minute. we're seeing a higher open and that in turn follows rallies on thursday after that crucial deal was reached at the eu summit in brussels. we'll bring you the numbers in a moment's time. first up, let's tell you what's making news across the region. in particular, it is the french president, mr. nicolas sarkozy. in an interview on thursday, sarkozy said allowing g...