day sale at cardia.com or amazon a night of. new cnn, original series new episodes tonight at nine this is gps, the global public square. welcome to all of you in the united states and around the world. i m fareed zakaria coming to you, live from new york today on the program president biden outlines a plan for a ceasefire in gaza, a full and complete ceasefire, and suggests benjamin netanyahu was prolonging the war to stay in power what will it take for israel and hamas to reach? a truce? i will ask richard haas and in a dramatic shift, biden issued an executive action this week capping the number of migrants who can seek asylum at the us mexico border. will this help him politically or is it too late? i ll talk to the new yorkers, jonathan blitzer also this week, mexicans elected their first female president who will likely continue the policies of the populist leader amlo i ll dig into what it means and what worries the political analysts, denise reza plus i m dr. ri
general motors got bailed out, they lost money on that bailout. where s my money? it gave rise to the tea party, and this bailout culture. where s my money? kennedy: president obama s stimulus packages dagen: it was the bank bailout that started the tea party and the nature of it was, where s our bailout can make it for saving the banks and we are losing their homes? kennedy: but there was a big debate, particularly among libertarian economist, about too big to fail. i want to get back to the spending programs a little bit. i am fine with reparations, spending between $200,000,000,000.500 $200,000,000,000.500 billy does predict or forget who it s going to end who you re going to pick him up that means you cannot have come in any form, medicare for all. $32 trillion pan is much worse than a $500 billion plan, and also what andrew yang is talking
we are back with a market alert. stocks are up sharply today with worries over crimea dissipating for investors. the dow right now is up triple digits. coming off its worst week since january. s&p is also rebounding. as we learned all too well over the past five years, good news for wall street does not necessarily translate into good news for all the rest of us. this new book seven sins of wall street, bloomberg investigative reporter bob ivry digs deep into the discretions what led to the financial crisis. more concerning he argues the sins have continued without consequence. no matter what you have heard, big banks and washington are still helping each other cash in on bailout culture. bob, thanks so much for joining us. thanks for having me. you know, we had the
it s a government guarantee, it s unfortunate it happened and i feel bad about it. a governor gain tee has to be honored. charlie. it has to be bailed out. let s delineate. it s fha, part of the government. and the difference between fannie mae and freddie mac. and they were public companies, and there was stock and they were covered by the government. these guys don t have stock. yes, we have to bail them out, accepted and it s government. people have been getting 3 1/2% down money mortgages. 3 1/2%, it was 20% in the 30 s, 10% in the 60 s. 5% is how much you have to have down if you refinance through the fha. if anybody s gotten an fha mortgage and you re in trouble then it s their fault. the americans who we are lending money to to buy these homes. and you know, julian, i ve got to tell you, you know, in this bailout culture i know they spent the last four years trying to convince the american public that it worked, isn t this a message
some his policies that have passed this year are sitting with the american people. sure. 15, 16 months into his administration the country is ready to elect someone new. it s a sign of the time that people get tired of people very fast, the rose is off the bloom, and the policies aren t popular, joe. the policies aren t popular. the things we were talking about, sam, before about independence and moderates wanting smaller government and less debt, you know, smaller deficits, that was a political reality six, nine months ago. the president said, you know with his bailout culture, that started with george w. bush. they talk about the first vote which set the tone was the stimulus vote, which got no republican support. listen, they don t care about this number two years out. they care about the job numbers that are going to come out today. if those are fine, the numbers will eventually move up. who knows talk austerity, joe. if there s going to be austerity