$29.6 trillion in direct lending, which does not include the indirect and massive costs of potential inflation and the onrising cause in cost of food around the world that has doubled the cost of food for the poorest billion people that are on this planet. keep that number in mind and now consider another one. 46.2 million, that the number of americans currently living below the poverty line who cannot find work because all the money in our country goes to subsidized credit gambling and trade deficits. that poverty number is the highest since the census bureau began counting. there will always be inequality in life and in any society. but this is not inequality. this is structural bought, gross inequity. which begs the question, is there no longer such a thing as
have fallen into poverty. 2.1 million. 2.6 million, actually. there s 46.2 million people in poverty. this whole conversation and many of the presidential debates about the middle class. what middle class? at this point we need to talk about impoverishment. the shredding social security and the social service safety net. your candidacy is one of the reasons why we need to think more about getting people into the republican debate who really will talk about wall street, talk about issues of economic quality. the poverty numbers are something we ve talked about on the show. they ve changed the way they figure it. the 46.2 million is such a shocking number. in some ways it s surprising to me it s not a headline everywhere. we have mortgage zuckerman on the program. he s a fabulously wealthy man, billionaire. he kept coming back to it. sort of shaking his head.
presidential candidate will speak out about the latest allegations of sexual harassment dogging his campaign. he s scheduled a news conference that we ll bring you live at the top of the next hour. it comes one day after a fourth woman said he groped her. we re also revealing details about one of the other accusers. jim acosta is following this for us. wolf, herman cain s campaign is making the politically risky move of raising questions about the woman who came forward yesterday to say the republican contender harassed her. in the meantime, the identity of one of the women has been revealed. with more revelations and the identities coming out, he insists he is innocent. i have never acted inappropriately with anyone, period. his comments come as another accuser has been identified. a long time federal employee seen here working as a spokeswoman for immigration authorities in 2000 and now at the treasury department. she confirmed on national public radio she, too, accus
phone call. an nfl player is fined by the league, but when you hear who he called, you might think it was well worth it. welcome to this cnn saturday morning for october 22nd. 6:00 a.m. in atlanta, georgia. 5:00 a.m. in fayetteville, arkansas. 4:00 a.m. salt lake city. u.s. troops will be home for the holidays and the war in iraq will be over. that s the promise made by president obama who said troops are coming home by the end of the year. chris lawrence has more on what this move really means for the future of u.s. involvement in iraq. reporter: there are some important reasons why the president had to make this announcement but there are real risks with the announcement as well. some 30,000 troops are still spread out across bases in iraq and they have ten weeks to get out. today i can say our troops in iraq will definitely be home for the holidays. reporter: the u.s. military is running up to 400 transportation convoys a week and has moved out 1.5 million pieces
one of his republican challengers to unseat him. mitt romney and rick perry seem to be holding their place as front runners, minnesota congresswoman michele bachmann has not given up the fight. she joins us tonight live with her take on the very latest from the president. congresswoman, welcome back. good to see you. thank you. good to see you, sean. you kw, we have a crisis in confidence. you know what? everybody watching this program this friday night, you re soft. have you given up. you are too soft. 46.2 million americans in poverty, soft. 18 million americans unemployed. they are soft. under-employed, they re soft. nothing to do with obama. he s right. it s all our fault. right? well, he s the master of negativism. but i have a very positive story to tell. in order to get more competition back into our economy and to get a pro-growth economy, this is a simple question to solve. we have to repeal obamacare, a