and an exclusive investigation into the risks of off-shore drilling. we went outfront to the arctic. shell has a plan to prevent the disaster like the one that happened to bp and the deepwater horizon. does it add up? let s go outfront. outfront tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed s drugs. today in hearings on capitol hill, america s top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. given that grth is projected to be not much above the rate needed to absorb new entrance into the labor force, the reduction in the unemployment rate seems likely to be frustratingly slow. so what s the solution? well, in note after note from wall street economists and traders today, i read something along the lines of this. bernanke will launch another round of easy money to help the economy. it will bring interest rates even lower. it s just a matter of time, he ll do it, he
does it add up? let s go outfront. outfront tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed s drugs. today in hearings on capitol hill, america s top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. given that growth is projected to be not much above the rate needed to absorb new entrance into the labor force, the reduction in the unemployment rate seems likely to be frustratingly slow. so what s the solution? well, in note after note from wall street economists and traders today, i read something along the lines of this. bernanke will launch another round of easy money to help the economy. it will bring interest rates even lower. it s just a matter of time, he ll do it, he ll do it, don t worry. that s the kind of talk the addicts use. yearning for more of his powerful drug, which is essentially just cheap, easy money. so many were hoping for another shot of the goods
america. we will begin this hour in greece where the voters have spoken in parliment,le bailout, the leader has two more days to form a coalition government. investors around the world are now relieves that greece has not decided to scrap the euro, ditch the bailouts, but what it has decided is anything but clear, unfortunately. but kristine rollins has been watching europe. let s talk about the election and the impact on us right now. i can t overstate the importance of greece to the american economy. it comes at a time when it looks like growth is softening a bit, and greece is the weakest link in europe, and europe is the biggest destination for our exports. so if greece continues to hurt and has uncertainly, and the questions being asked about the euro continue, then you have a problem. you have europe not buying as much stuff as it used to and that is bad for american jobs. so that s a really important part here. also, what greece avoided by this voiavoided something b
put the u.s. on a path to becoming europe. does that sound like someone bullish on spending cuts? the discrepancies in the republican austerity plan next on now. [ female announcer ] did you know the average person smiles more than 50 times a day? so brighten your smile a healthy way with listerine® whitening plus restoring rinse. it s the only rinse that makes your teeth two shades whiter and two times stronger. listerine® whitening. power to your mouth. you walk into a conventional mattress
pulling this graduation stunt on stage. wait until you hear the whole thing. i have a mixed reaction. good morning, everyone, welcome to early start, . we re bringing you the news from a to z, it s 5:00 a.m. in the east. so let s get started. we re following breaking news out of maine. firefighters battling a fire on a nuclear submarine for close to 12 hours. the uss miami was in dry dock when a fire broke out in the forward compartment. six people suffered minor injuries. the attack sub is capable of carrying tomahawk cruise missiles but no weapons were on board at the time and the ship s reactor is not affected by the fire. we ll bring you developments as warranted. making top news, a promise from mitt romney. the former massachusetts governor has been hammering president obama for months over the high unemployment rate. right now it stands at 8.1%. mr. romney is pledging if he s elected president, eel bring that number way down. i can tell you that over a peri