times for people who aren t rich players or owners. take san antonio. the spurs are the only major pro sports team. some 4,000 people depend on them for a living. and then cities like sacramento, orlando, portland, salt lake city, the nba is the only major pro sport in that town. we ll see the economic impact there for sure in those cities. so, let s talk more about this with mike pesca from mpr. mike, it s a complicated money dispute, no doubt. what is the main sticking point at 9:01 eastern time on this tuesday? money. lots and lots of money. the players get 57% of all basketball relate under come and the owners get 43% and the owners are saying just not a high enough percent for us to have this be a viable business. inowners are saying 22 of the 30 teams don t make a profit. they re willing or at least publicly saying they re willing to blow up this system. nba players are very well paid. the best in professional sports in the world. their average salary is between $5 mi
president barack obama and his re-election campaign. the today the president and the jobs act face a critical vote, a important vote in the senate. they are pushing hard to rally support. if you wonder what the president jobs bill could mean for you, here s a brief overview. in addition to other things we re talking about extending the current payroll tax cut and unemployment benefits. there also would be new tax credits for businesses that hire people who are unemployed. president obama is in pittsburgh today where he will speak about his jobs bill less than one hour from now. this is an important last minute push was the senate is scheduled to hold a key procedural vote on whether it will consider that bill. white house correspondent dan lothian is traveling with the president and joins us live from pittsburgh. hi, there, dan. is the president preparing for the possibility that his jobs bill may not pass today s test in the senate? reporter: it it does appear that he is.
amanda knox is now back home here in seattle after spending nearly four years in an italian prison. she was released after appealing her murder conviction. but she remains haunted by the nightmare that began to unfold when she was just a young student. amanda knox was going into her junior year of college. her mother etta recalls amanda the fresh-faced 20-year-old intent on adventure. she was going to study an broutd, going into college somewhere. she didn t know where yet. amanda would decide on perugia,ity la. her sister deanna remembers when she moved into this house which she shared with three other girls, two italians and one british constituent named meredith kercher. why was she so set on that apartment. i think it s because of the people really. it was close to the college and her roommates are the sweetest people in the world. but after only six weeks in italy, on the night of november 1st, 2007, amanda s overseas adventure would take a bizarre turn. am
analytics chief economist mark zandi and veteran political journalist ron brownstein of the national journal and peter baker of the new york times. i m candy crowley, and this is state of the union. herman cain and michele bachmann were on this show the day after the iowa straw poll in august. she won, he was fifth but unbowed. this campaign has encouraged and our momentum continues to grow. in an august quinnipiac poll, bachmann ranked third among republicans with 12%. cain just 5%. now in a cbs news poll of republican primary voters, she sits between ron paul and rick santorum with 4%. he s tied for first with mitt romney. herman cain is big league now soaking up the limelight on the view and the tonight show promoting his book this is herman cain. still many the topsy-turvy universe of 2012 politics, getting to the top and staying there are wholly different things. with me now, republican presidential contender herman cain. thank you, candy. thanks fo
this is based on the forward looking indicators of the business cycle. that s all we do is watch those indicators, monitor them. there s an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. when you think back to 2008, while we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. correct. when you see gdp positive or jobs numbers positive, you say there isn t a recession and you get pushback. time will tell. harvard professor, chief economist for international monetary fund. you ve been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official start of this recession. it started in december of 2007. we re certainly three years into the worst of it. w