jenna: elaine, as we wrap up here, and we ll come back to you after we hear the president speak, but speak to our viewers, when does it get better? it won t get better if the present polices proceed and persist and that s the real problem. jenna: we re going to be back to you in a few minutes. we expect the president to step up and talk about the job market in about ten minutes and then we ll be back to hear what you say about what he has to say and we look forward to seeing you then. thank you. jon: a fox news alert, tesla motors, you ve heard about that company, on friday it said it is recalling 439 roadsters from the 2010 model year to address potential fire hazards, the government s auto safety agency says this will involve about 500 cars. the 2-seat electric car costs more than $100,000, it plug spwos an electrical outlet to recharge. they ve gotten all kinds of press but now this big recall from tesla motors.
near miami. the details are very sparse right now but we understand this is just starting at the hollywood water tower in florida. much more on these developing details after the break. actually, here s the president, he just started speaking on jobs and the economy today. to help a family business, turn it around, it was experiencing losses, he ended up purchasing the company, and now has grown it enormously, has terrific employees here who he provides full health insurance to, they are supporting their families, and even during this difficult downturn, he hasn t had to lay anybody off and is still confident about its growth. so we re very proud of him and what this company has accomplished. now, these are the guys that build serious stuff, concrete blocks, bricks, for
recession is so deep that it s going to take a long time to get out. it will take determination, persistence, and most importantly, the will to act. all elements that the american people have in abundance, and if we summon that spirit now, if we keep moving forward, i m absolutely convinced that we will rebuild our economy, we will put our people back to work, and we ll come through these tough days to brighter and better days ahead. and i want to thank brendan not only for his hospitality here today, but somebody who s got the courage and the foresight and the skills to create a terrific business that s supporting so many families. thank you very much. thank you, appreciate it. all right. thank you. jon: the president there, bladensburg, maryland at a concrete products company, a small business that he says has been hiring, but you wouldn t know it by the jobs
trying to ventilate this tower. there are toxic fumes, there are two trapped workers in the water tower and they re trying to ventilate it, trying to get breathing equipment down there. one of the workers is conscious and talking, that they know, they re trying to cut the power off but keep the lights on inside the tank to pull these guys out. i m going to stay all over this, this is hollywood, florida, lots of people are watching from the ground. as i look more, i ll bring it to you. jenna: back to you in a few minutes, harris. jon: tpao bgs news is on the job hunt. even in a sluggish economy one company is growing by leaps and bounds, tkpwropon offers coupons to customers online but the growth of this company is causing controversy. why? mike tobin, live in chicago to explain. mike. reporter: john, it s this new trend, e commerce mixed with markets.
out there who aren t in foreclosure. if you re trying to sell your house, it s going to take that much longer and prices are going to be actually distressed because of all those foreclosed properties now not going through the system. jenna: just to put this in context even further with the political environment, i know this news is just breaking but we heard that maybe the democrats are going to try to put through a nationwide moratorium on foreclosures that looks like this company, bank of america, stepping ahead of that. do we expect this to come from other banks or do we expect legislation to come down to do it? other banks are going to start doing this, simply because what s happening is lawyers are filing lawsuits on technicalities. what we are talking about here is what legal document did you sign and did you review it. the the question of are you making the mortgage payment is not being addressed tpwheu and at the end of the day if you re not making the mortgage payment the