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with middle-class economic anxiety front and center, well, the early gop front runner might want to rethink this line governor romney is also exhibit a if you need any proof this week matters. saturday s iowa republican straw poll could knock a candidate or two from the race and so democratic activists are now turning up at gop events hoping to rattle the republicans who would be president. what are you going to do to strengthen social security, medicare and medicaid without cutting benefits? what are you dough going to do? you ve had your chance. anything else you want to say? well, i m going to see what you re going to say. you get to ask your question and i get to ask my answer. if you don t like my answer, you can vote for someone else. but now it s my turn to give my answer. there you go. are you ready for an answer? i m not going to raise taxes. that s my answer. i m not going to raise taxes. if you want someone to raise taxes, you can vote for barack ob
up right now, and that s a good sign considering we re more than halfway through the trading day. you are seeing stocks rally on good economic news of the jobless claims numbers fell last week and we got strong corporate earnings from a bellwether company, cisco system, and you are seeing wall street focus on the positive today and we are seeing the bargain hunting going on as well, and you are seeing the bargain hunters getting in there and buying stocks up, randi. and the trader mthere with you, allen valdez. what about the first time they dropped below 4,000 for the first time in four weeks, and how much do you think that contributed to the rally we are seeing today? well, under 400,000 you know, that jobs number is probably the most important number for traders. it really is. we watch that number on a weekly basis. and this economy is powered by consumer spending, so if the consumer is not working he is not spending. anything under 400,000, they re not spending. l
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