have the democrats failed the middle class by being slow and failed small business, for that matter, for being slow to get money to community banks? the president has said that this is what he wants to do. it seems like this is power to the people, isn t it? exactly. we ve had a lot of good speeches and a lot of good rhetoric but it s an opportunity for people to take action. you know how angry and resigned millions of americans are? this is a small step and it s been going around. i have so many people coming up to me and saying, you know, this giveses me the courage to take that one step to say, you know, i can do something with my money other than helping big banks continue the risky behavior and charge all of the fees to the american consumer that they really have no right charging. no doubt about it. and the website, moveyourmoney daut info. already, over 300,000 searches of the local banks have actually been done through the tool and move your money. this is jus
it is jarring. you know, they reach out to facebook and twitter. they re trying to reach the younger generation. and i think the impact of this could be really huge. you think that it s a tradeoff in trying to reach older african-americans. it may turn younger african-americans off so bad it won t return the form. this is not a word that my generation is used to seeing in an official document. this brings back the memories of whites and negro only water fountains. so, you know, i think a lot people, my generation will say what are they getting at here? where are they trying to go? the mission is to report and discuss news most pertinent among african-americans. when you ran the story, what did you see in terms of reaction from your readers? there was mixed. there were people that were shocked. you have to remember, there are people that are actually older who, you know, still has the term negro on their birth certificate. so there s a generational divide. i think ther
jon scott, along a jane skinner. another democrat about to tell voters he ll give up his seat, making the majority in the u.s. senate a little more ten tenuous. two democrats, connecticut senator chris dodd and byron dorgan expected to retire, dodd expected to hold a news conference about an hour from now conforming reports he won t run for reelection in november. shannon bream is keeping an eye on this live from washington. this has to be giving the gop and its supporters a boost going into the 2010 mid-term elections, shannon. you are certainly right, jon, it gives them a shot in the arm but top republicans say they were not surprised to see key democrats stepping aside, saying they know the public backlash about what they ve been doing in washington and across the country is coming, here s what michael steele told us this morning. town halls are coming back to bite, and that bite is going to get a lot stronger as we go through the course. and he went on to say, hey, wh
now it s time for the call to action on stocks you need to watch during arch trading. cnbc s matt nesto is here with a look. hello, matt. ? hi, larry. check it out. another day, another new high for the s&p 500 and the nasdaq. the nasdaq is still five points sharp. 1138 was the interview day high and we re still 27% below the 07 peak of october of 07. if you take a look at the big drivers in this marketplace. once again the autos and autoparts makers led by ford and goldman sachs on the price target and the material stocks, aluminum, steel, gold and all strong and banks up for the fifth straight day and the energy stocks back to the fore again. they have been volatile in an up and down session. the slumpers, well, telecom pretty much all by itself and the down almost 2% today and the household and personal products also down about 1%. look at the volatility index. the vix at 1893. that is a new 17-month low. august of 08. some of the big-name movers and the big stock in th
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