Because they are not able to have the Home Construction and home sales taking place so clearly right away we are seeing in the past few weeks a drop in their draw requests, demand and housing. Jeanne shaheen. I wanted to make the point for all of you who are involved with government contracting, the department of defense, that this is not the first hit the folks of gone. This comes on top of sequestration, those automatic cuts which already had a huge impact in the state of New Hampshire. The defense spending accounts for 17,000 employees, 1 billion in payroll. Economic activity. It is a huge impact and this is a double wendy. Excellent point. I will end with two questions very briefly. The first to barun singh and if anyone wants to john in i think lot of people besides thinking this is a pinprick, not really hurting anyone, it will go away shortly and will be back on the road which you spelled out in your comments very well. A lot of people are also saying shutting down the governmen
CSPAN U May 24, 2012
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good evening. brian has the night off. i m leston holt. it s the technology empire built on the willingness of people around the world, 900 million active users at last count, to share the details of their lives. and finally today, after much hype, facebook is sharing its fortunes. it went public today in one of the most anticipated public offerings in years, opening on the nasdaq under the symbol fb, but despite soaring expectations and some early likes among eager investors, facebook shares this afternoon closed barely above their opening price. it was a rough opening day in more ways than one for the social networking giant, and cnbc s maria bartaromo is here with more. good evening. good evening, thank you so much. it s just eight years after computer hacker mark zuckerberg sat in his dorm room in harvard university and created what is now known as facebook. today, he took the company public, and day one was a bit of a bumpy ride. facebook barely managed to meet its ipo
had an opportunity to make a buck. instead, he decided to make a difference. nightly news begins now. good evening. brian has the night off. i m leston holt. it s the technology empire built on the willingness of people around the world, 900 million active users at last count, to share the details of their lives. and finally today, after much hype, facebook is sharing its fortunes. it went public today in one of the most anticipated public offerings in years, opening on the nasdaq under the symbol fb, but despite soaring expectations and some early likes among eager investors, facebook shares this afternoon closed barely above their opening price. it was a rough opening day in more ways than one for the social networking giant, and cnbc s maria bartaromo is here with more. good evening. good evening, thank you so much. it s just eight years after computer hacker mark zuckerberg sat in his dorm room in harvard university and created what is now known as facebook. today,
a number like that? we ve got to do a few things, savannah. first and foremost, the president s not worried about his job. he s worried about creating jobs for millions of americans who ve been out of work for six months or two years or lonr. that s what his focus is. that s what it has been for each day of the last 2 1/2 years. and i think the president hopes that when congres gets back into town, that they ll act on some initiatives that we all know make sense and can pefully help businesses hire more people again. in terms of politics, look, i ink we re going to have a very robust campaign. and we re going to have a choice. and it s going to be based on some very simple values. the question is whether or not we re going to go back to wall street and big corpotions writing the rules or whether we re going to move forward and make smart investments and put people back to work. in fairness, you say the president is going to present this jobs plan. but he has been presiden
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