New york times, 125 million. We have the report. The head shaker of the day, conspiracy theorists Jesse Ventura wins 1. 8 billion for the widow of a navy seal. You can be sure we will have a report on this disgrace. Varney and company is about to begin. Here we go. A strong rebound for the economy in the april through june quarter. Look at that. 4 annualized growth. Clearly we are not going down the recession road. Some market watchers are throwing cold water on this rebound. You will hear from them throughout the show. 4 annualized growth q 2. The market liked it initially. Healthcare stocks are dragging the market down. A full explanation of this dragging down, we are up 150 points from the high this morning. The improving economy pushed Interest Rates higher. The yield on the treasurys back above 2. 5 , 252 right there. Stock of the day, no question, is twitter. Big winner, the ongoing analysts were expecting a loss, the Company Posted a profit. The world cup helped it grow its user
And this was the an ter that you were trying so hard to get out, that the deficit is not important to people, what is important is the economy. I think what people are interested in are their own perm economy. Job creation and their wages. The cbo has been screaming this warning at United States at us. You run up 6. 8 trillion in the last year and he held the prior record. It seems to me that mat sssive deficit spending was the key to job growth that the Bush Administration should have ended the policies. We know from our open experience that if you live beyond your means today that 6. 8 trillion run up by this add maybe strition is going to be repaid by the young people today as 56,000 on average per household. I think there is a connection. Where we are is you have run up more debt in five years than bush ran up in 8 and we have nothing to show for it. You wanted to show us that the budget will deliver stronger growth. With all due respect we have been hearing that for more than five
Thats a step that i have worked on every single day. Number two people can succeed. The genius of america is the Free Enterprise and freedom and the fact that people can go out there and start a business, work on an idea, make their own decisions. As Abraham Lincoln understood, there are also some things we do better together. In the middle of the civil war, Abraham Lincoln said, lets help to finance the transcontinental railroad. Lets start the National Academy of sciences. Lets start land grant colleges. We want to give these gateways of opportunities to all americans. If all americans are getting an opportunity, we will all be better off. That does not restrict freedom, that enhances it. What i have tried to do as president is to apply the same principles. When it comes to education, what i have said is we have to reform schools that are not working. We do something called race to the top. We have said states we will give you more money if you initiate reforms. We have had 46 states
Safe. Her name is christina appeared she is now under gores surgery for a gunshot wounds appeared police say 10 car windows just today where shattered in san jose when someone shot at them with bbs. Coming up a six terisa add spice to talk to one of the targeted drivers appear now to develop story. Police are looking for a 1999 toyota similar to the one you see here now appear these people may have ties to the modesto area appeared 31 year old amber was shot to death september 8th of the issue appeared to other people were shot and injured appeared. Now now to a developing story appeared in has been today says aaron alexis would wrap it in washington d. C. And the Navy Command Center in dc appeared pamela brown has the latest. As investigators said the the id investigation they say building 197 is so expensive that it may take weeks to repair and weak opening appeared what Officials Say there is a blood everywhere and damage everywhere appeared investigators still dont know why he kill
Newtown, from sandy point elementary school. And she and her mother will be coming as my guest on tuesday. My guest is a woman by the name of carol pryce who lost her son to gun violence, many years ago. And, tomorrow, Michelle Obama will attend the funeral of hidaya pendleton, the 15yearold honor student who was shot and killed last month in chicago. Change is hatching. Its real. Today, former president clinton urged democrats to act. Its important to take some action now that it is posz sibl on the issue of gun violence. I see this whole gun issue as an opportunity, not a toxic land mine. And now, in the senate, two democrats and two republicans are joining forces nearing a deal on background checks that could be the blueprint for a new law. Next tuesday, all eyes will be on the president in his state of the yuchbon. But our hearts will be with those victims of gun violence in the hall and around the country. Joining me now, Msnbcs Chris Hayes and Melissa Harris perry. Melissa, you e