and also a friend of his, a woman who has known him for years and says he s a saint, we ll actually talk to her. we ve got some tough questions for her to answer. we begin though tonight with raw politics. president obama heading home tonight from the g 20 sum et in mexico. where the economy is concerned, this summit could have a serious impact on jobs. here s some of what the president said tonight about the economy, about syria and political sniepg from the romney campaign. markets around the world have been asking if we re ready to do what is necessary to hold together. european leaders here in cabos had made it clear that they understand the stakes and pledge to take the actions needed to restore confidence, stability and growth. let me be a little more specific. first our friends in europe clearly grasp the seriousness of the situation and are moving forward with a heightened sense of urgency. he welcome the important steps that they have already taken to promote growt
so why do banks do it ? hello ? hello ?! if your bank doesn t let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. next week could be one of the most important weeks in the presidential race. next week in fact the european union is expected to announce major changes to its financial system, all in an effort to stave off the region s economic cris crisis. at the summit in mexico the president announced he supports the formation of a european banking union that would help the unstable financial systems. there s one major problem, germany. angela merkel is not on board with an integrated banking system and against a big stimulus for struggling kunt countries. what the eu decides could have an effect on the election. let me read for everybody exactly what merkel said at the press conference, that a stimulus program could not be repeated and that president obama agreed with her and then she said this, the american president sai
good evening. i m erin burnett. outfront tonight, america s drug addiction. it s not cocaine. it s not heroin. it s not even bath salts. we re addicted to ben. we want more ben and we want him now. but tonight, the truth. there s not enough ben for america. more ben is bad. i m talking, of course, about this ben, fed chair ben bernanke. today he announced he ll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. monetary policy is not a panacea, it s not going to solve our economic problems. the fed fed s drugs didn t come cheap either. tlfen three rounds of fed stimulus with a total price tag of $2.7 trillion. and that doesn t include the $267 billion extension to operation twist that was announced today. so the question is, were the highs we got worth the price of $2.7 trillion? c
that republicans wanted holder to turn over and they are fuming over this. bringing about one of the worst disperchments on the history of the department of justice is indeed an injustice to the congress, the american people and this important investigative arm of the house of representatives. this is a very sad day for the united states of america when the president would engage himself at the last minute and try to exert executive privilege. that was florida congressman john mica speaking. he s joining me live. welcome. you have the president using executive privilege for the very first time during his presidency, we should remind our viewers of that to block your committee from seeing the fast and furious documents. we just heard you say it s a very, very sad day. what i this about the executive privilege that irks you so much? here you have one of the highest judicial offices of the united states, the chief officer, the attorney general, his office and possibly the
seemingly in control of the country. we will surprise testimony in the jerry sandusky sex abuse trial, his wife takes the stand. and also a friend of his, a woman who has known him for years and says he s a saint, we ll actually talk to her. we ve got some tough questions for her to answer. we begin though tonight with raw politics. president obama heading home tonight from the g 20 sum et in mexico. where the economy is concerned, this summit could have a serious impact on jobs. here s some of what the president said tonight about the economy, about syria and political sniepg from the romney campaign. markets around the world have been asking if we re ready to do what is necessary to hold together. european leaders here in cabos had made it clear that they understand the stakes and pledge to take the actions needed to restore confidence, stability and growth. let me be a little more specific. first our friends in europe clearly grasp the seriousness of the situation and ar