facebook.com. that is your morning dish of scrambled politics. and now to wall street. the dow closinged at 13,575 after gaining 80 points yesterday. the s&p was up 10. the nasdaq add 14. taking a look at overseas trading this morning. in tokyo, the nikkei inched up 38 points. the hang seng climbed 104. the s&p is on the cusp of a five-year high. barring any surprises from september s job reports, it could hit that high today. experts predict about 115,000 jobs were added last month. weekly claims ticked slightly higher yesterday. on thursday, coal companies rallied after republican mitt romney gave coal a shoutout during wednesday night s presidential debate. troubling data paints a bleak picture of market confidence. according to one trade group, investors have pulled some $138 billion of investments in stocks since 2009 while funneling $1
dollars, they are not producing the fuels we need to put in our cars and homes. megyn: what percentage of energy is produced by solar or wind in our homes. reporter: i don t have the exact percentage, i tell you it s probably under 5%. if you had a solar wind, geothermal the three big alternatives, it probably is less than 5% of our total energy use. look at it this way, under can i show you this. megyn: i love props. reporter: under president obama the price of gasoline has gone these are the numbers, i mean you can listen to the pundits speak, these are the actual numbers. when he was sworn in it was $1.83. megyn: why is he mocking newt gingrich when he says he could get it down to $2.50. reporter: i can. i have one answer that could bring it down a dollar over night it s $2 a gallon higher than when he took office. we use 138 billion-gallons of gasoline a year. 276 bill dollars a year i
there is no political will in greece. they borrowed 138 billion and they need 152 more. they are headed for default whether they accept the ball - bailout or not. that has implications for all of us. it has affected the rest of europe and the germans don t want to hold up the euro anymore. german people are opposed and holding up countries that don t want to be bailed out. it be doesn t look like it will last. greece as wendal pointed out in his piece. lehman brothers or closing down a bank. it is a country that remains there and a factor in all kinds of economic decisions in europe. and here in the u.s.. other count reese went through default and came back and survived. the problem with greece i think, that you have twen percent of the population that is working for the state.
there is no political will in greece. they borrowed 138 billion and they need 152 more. they are headed for default whether they accept the ball - bailout or not. that has implications for all of us. it has affected the rest of europe and the germans don t want to hold up the euro anymore. german people are opposed and holding up countries that don t want to be bailed out. it be doesn t look like it will last. greece as wendal pointed out in his piece. lehman brothers or closing down a bank. it is a country that remains there and a factor in all kinds of economic decisions in europe. and here in the u.s.. other count reese went through default and came back and survived. the problem with greece i think, that you have twen percent of the population that is working for the state.
sure that we pay for the department of defense. $12 billion for one week, support for israel, and then prohibition. that s what is in the senate lap. representative price, at some point we have to pass a budget and if we are this close i say we you guys. if you all are that close and it s conjecture with 138 billion, i ll give you that. let s pretend for a second that it actually is 38 billion. is 38 billion a number you can live with? well, it depends on what else is there. in the original bill that we passed, it was $61 billion in reduction for this fiscal year with 40 or 50 what are called different writers. and some of that has to be included because there are policy changes that we believe are paramount. so whether it s the 61 billion, 38 billion, what else is in that package, that s where we need to be looking to see whether or not