recovery? there s 17 states where that s happening and they have one thing in common. we ll tell you what it is coming up. can a judge cut the 10 commandments down to six to appease everybody at the school? the school is ruling in. holy, moses. yeah, he actually had them. fox & friends starts now. welcome, everyone. steve is back from vacation. steve, one thing you missed out on last week is brian told the entire world that moses was loaded. moses had au dough? a lot of money oochlt he s a rich guy. he had a lot of assets and he kept them domestic. you know what? we were talking about money and what else? i forget how i was thinking about that because you re religious doesn t mean you ve taken a vow of poverty, right? then i bought up, too it was middle class state of mind, remember, that president obama had said that it s more of an attitude to be in the middle class and we were wondering whether that meant people who have become successful don t
prices and this report on unemployment from gallup. explain it. jim, can t talk about the sugar high. the sugar high, the money being principled by central banks, including ours and around the world, that s designed to pump up assets and includes oil, which of course makes gasoline go up. also makes stock goes up, and it really works. i always tell people, when the feds starts to work it s going to feel fantastic, and it feels great. look at the housing market. felt great for four or five years. when the when it s over, when the bubble pops, it pops hard. we know that the hard way. vue very much, charles in the middle of a gas price spike, president obama using the payroll tax deal to take something of a victory lap today. it is a big deal. it means $40 extra in their paycheck, and that $40 helps to pay the rent, the groceries, the
8.3%. the economy turned a corner, all our work is working. so now people who are sitting on the sofa who might have thrown in the towel are saying, maybe jobs are out there. i ll rejoin and as they join back in, you can easily see this number popping. 8.3 to 9% in a month would be huge and worrisome. are you, charles paine, biased? you don t trust the government on unemployment numbers, don t trust the government on inflation numbers. do you not trust the obama administration because they re left of center and your right of center? i don t trust how they interpret the numbers or any of the economic data out there to always make it fit their agenda. i don t think they re completely honest. are you skewing the numbers to fit your agenda? not when 1.2 million people drop out and i don t think 8.3% is anything we should be proud of anyway. i want you to explain this. dow hits 13,000. account hold but hits 13,000 today in the face of rising gas
ad that to pump prices slamming consumers now, and oil touching $106 a barrel, and one has to ask, what is wall street seeing that main street is not? the money watch, jim, on the disconnect. can you square this? bad news in the headlines, the dow hits 13,000. i sure can. bad news means about news with stocks. the savings rate for consumers is down to recovery lows, food and fuel prices up. that s cutting into corporate profits and for this quarter, corporate profits, if you strip out apple computer, are at 2.9% and expected to be lower next quarter. why is that good news? because it means more stimulus and the market has turned into a junkie when it comes to stimulus. not only is our own federal reserve board stimulating our economy, the european central bank, the europeans all over are stimulating, also in great britain you re seeing stimulus there. you re saying everybody is pumping out the money, flooding the economy with money, both in europe and in america. some of
consumers now, and oil touching $106 a barrel, and one has to ask, what is wall street seeing that main street is not? the money watch, jim, on the disconnect. can you square this? bad news in the headlines, the dow hits 13,000. i sure can. bad news means about news with stocks. the savings rate for consumers is down to recovery lows, food and fuel prices up. that s cutting into corporate profits and for this quarter, corporate profits, if you strip out apple computer, are at 2.9% and expected to be lower next quarter. why is that good news? because it means more stimulus and the market has turned into a junkie when it comes to stimulus. not only is our own federal reserve board stimulating our economy, the european central bank, the europeans all over are stimulating, also in great britain you re seeing stimulus there. you re saying everybody is pumping out the money, flooding the economy with money, both in europe and in america. some of it s going to find its way to wa