They made their taxes lower, and far lower in many cases than ours and jobs left our country. Large corporations changed their Business Models by exploiting jobs to other countries and then shipping their goods back to the United States where they make massive profits and they wouldnt be paying tax to us either so we lost the jobs, we lost the taxes, they closed the buildings, they closed the plants and factories, we got nothing but unemployment we got nothing other businesses, even classic American Brands switch their headquarters to foreign countries. Because of this and other reasons like weak borders, america remains stuck in the past although i have to tell you, we have general kelly here today, and we stopped 78 going up to 80 on the border traffic coming through. In just a short period of time [ applause ] hes done some job whole different world out there right now. Today, we are still taxing our businesses at 35 and its way more than that and think of it, in some cases, way abo
Tuesday, october 30th, 2012, this is the daily rundown, im chuck todd. Lets get right to what we know this hour. At least 18 people have been killed, early estimates, but the damage from sandy at somewhere between 10 billion and 20 billion, but that figure could rise as people assess in the daylight. Nearly 8 Million People waking up without power this morning. Sandy made landfall as whats being called a post Tropical Cyclone on the Southern Coast of new jersey not too far from Atlantic City at about 8 00 p. M. , sustained winds of 80 miles per hour, thats hurricane force, folks. And hurricaneforce winds extended up to 175 miles from the center of the storm. Tropical force storm winds spread out 485 miles from the center, a 13foot storm surge flooded Battery Park City in Lower Manhattan and that broke a record that had been set in 1821. Records were shattered in sandy hook, new jersey, where tide levels also topped 13 feet. The metropolitan Transportation Authority is calling this the
Today. Thank god youre here. We have some news comcast is reporting and when you report on a company like comcast, there are many Different Things that people watch. Not necessarily the bottom line number but let me give that to you any way. Earnings per share, 52 cents that was up almost 27 year over year it was 3 cents ahead of expectations consolidated revenue grew 10 . 9. 8 to 21 21. 2 billion. That is above expectations of 20. 855 consolidateded revenue was one of the things that people might look at, but maybe more so is ebita growth Strong Revenue and ebita growth increasing by 10 . First half ebita growth the best in six years a lot of this, sorkin you see the main cylinder . Squawk box. Part of it. Film revenue up crazy Nbc Universal, outstanding quarter according to the company, grew ebita by 20 Comcast Cable delivered what the company is calling a great quarter is a strong balance between financial growth and solid subscriber metrics you watched this over the years. What do
Welcome, everybody. Im tyler mathisen. Little oscar joke. Too soon, perhaps you . Can see a lack of direction for your money. Dow down 13 points right now. Right now the dow, not doing a whole lot. Even if we fall today, this has been the dows longest win streak since all the way back in 19d 87. Of course, all eyes will be on the president s big speech tomorrow night. Melissa . Im melissa lee. Busy monday at the white house. The president making his first Budget Proposal, talking with ceos of a number of health care companies. Eamon javers is there. Eamon . Reporter obamacare, which he calls a failure, disaster and teeing up his own plan to replace obamacare later this year. Hes meeting with Health Care Ceos at the white house this morning. Here is what the president said in teeing up his criticism of the obamacare act. We must Work Together to save americans from obamacare. You people know that. Everyone knows that at this point, to create more competition and to bring down the pries
Trading days of the year. Well see what happens. The dow is up 21 right now. Warren buffet telling cnbc this morning he doubled his holdings in apple this year. Is it too late to follow his lead . Well debate it. After the bell, who will President Trump pick to sit on the fed board. Jim grant will tell us exclusively. Some people in the past have suggested maybe mr. Grant would make a fine fed governor. Fun take on the subject. Looking forward to it. Lets start with the news out of washington today. Eamon javers back at the white house and ylan mui is at our washington bureau. Eamon, a surprise appearance at the press briefing. Reporter yeah, thats right, bill. We had a surprise visitor. It was Mick Mulvaney. He said the president is going to coming up with massive spending cuts in his budget which will roll out in the next month or so. The spending cuts we see, even though hes not detailing them specifically now, will seem awfully familiar to those of us who followed the president ove