cars cruising around the neighborhoods, that are affected, going literally door to door and asking people if they ve seen anything, what their opinions and their observations are. a 25-person task force specially put together to bring this to an end, bring it to a conclusion quickly. we have the fbi and the u.s. marshal s office alerted and involved in this as well. this is san event that is unprecedent 234d our recent history and it is certainly one that is very, very serious and we want to bring to an end very, very quickly. the fbi and u.s. marshals joined the search for the gunman. a spokesman for the police department told me the shooter approached the victims asking for directions. it appears all of these victims were just out walking or out in the yard at this hour. and this is a residential neighborhood predominantly single family dwellings in that area, except for the last victim. he was found as a business. police say the shootings may be classified as a hate
our people back to work. what about the auto bailout, hasn t that worked and saved they say 80,000 jobs in the auto industry here in michigan and neighboring states. what has saved the auto companies is pretty simply the product. we re putting out much better product. it is very competitive on a worldwide basis. but the companies wouldn t have existed without that. they survived because of the bailout. the white house would argue that it is a federally funded dollars, it was the only alternative available and that s just not the case. they used federal dollars, used taxpayer dollars. why not allow the capital market to do it. debt or financing is a form of financing for chapter 11s, and many of the republicans, fiscal conservatives saw that as the inappropriate use of federal dollars. i happen to agree with him. does mitt romney have a natural advantage in michigan where his father was governor where he grew up? look, he has strong name
reserve has signaled that it is ready with new support for the economy. the fed is considering adding hundredso bio do that s because of concerns about deflation. key interest rates were left unchanged after yesterday s meeting. more now from our business editor dan arnall. reporter: in the post-meeting statement the fed indicated their major concern right now is that inflation is, in fact, too low. there s a deflationary risk. that s why thre a abo adding mo that tends to spur inflation and keep prices going up. that sounds like a bad thing but if the alternative is that prices keep going down, people would actually be laid off as companies wouldn t be able to afford to keep the workers they have right now. and those key interest rates apparently will not change any time soon. the fed has repeated its pledge to leave them near 0%, at super-low levels for an extended period. the president s top economic adviser says he is leaving the white house.