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Transcripts For CNNW The 20240704

Rogers weve had 29yearolds making 1 million a year, expecting to make 2 million the year after that. Diana ferry but if youve got plastic money, theres Nothing Holding you back. History will prove the bakkers were honest people. Reporter Insider Trading could become wall streets watergate. Pauley what do we call greed the day before an indictment . Im afraid recently, weve called it success. Robinson the u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising while our standard of living is declining. Thomas there was tremendous inflation and not much growth. The country was not in a Great Depression in 1980, but the United States was in the dumps. Dobyns on wall street, it was cold, gray, wet, and miserable. There was no comfort to be found outside. And for investors, there was not much inside, either. The tickers carried almost nothing but bad news. Mclean wed come off a terrible decade for investing. Peopl

Transcripts For CNN The Eighties 20240707

the u.s. economy, which used to be the envy of the world is in the most serious trouble since the great depression. inflation is rising, standard of living is declining. tremendous inflation and not much growth. the country was not in a great depression but the united states is in the dumps. wall street was cold, gray, wet, and miserable. there was no comfort to be found outside for investors there was not much inside. the tickers carried almost nothing but bad news. we would have a terrible decade for investing. people were skeptical of the stock market. it was a sleepy wall street. most economists expect a serious recession with at least 2 million more americans losing their jobs. regret to say we are in the worst economic mess since the great depression. from the first moment of his presidency, president reagan let him know that his top priority is the nation s economy. i put a freeze on pending regulations of the task force under vice president bush to revie

Transcripts For FOXNEWS America Reports 20240707

with all on this. sandra: a big line-up, but an economy in crisis. americans are looking for solutions to those surging gas prices and the highest inflation in decades. but it has democrats staring down a red wave in november as more and more voters are coming to the conclusion biden administration is not up to the task. hello, and welcome as we begin a brand-new week. sandra smith in new york. john: great to see you back after a long weekend. john roberts in washington, and this is america reports . the price of gasoline setting a record high the tenth day in a row, an average of $5 a gallon. the cost to fill up the tank up 103% since president biden took office. sandra: and people are certainly taking notice. those numbers putting democrats hopes in jeopardy in november, 83% of the american people in a new abc news poll say the economy is the top issue for them heading into the fall. now desperation setting in at the white house as word comes, president biden might

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Transcripts for CNN The Eighties 20240604 06:05:00

and that was ronald reagan s genius. he was able to link economic faith with faith in america. donaldson: no sitting president had ever visited the new york stock exchange before, but it seems safe to say that no recent president would ve beaten mr. reagan for the honor if a vote had been taken among the floor traders. they gave him round after round of cheer. we re going to turn the bull loose. auletta: the whole world from reagan s white house on was basically saying wall street is the engine of our economy. it represents growth, it represents opportunity, it represents the american dream. and so these guys were basically saying we re gonna go do it. brokaw: this is the big draw on wall street the smell of money. this is where the action is. this is the over-the-counter trading floor of shearson/lehman. more than 17,000 daily transactions involving millions of shares and millions of dollars made and lost here every day. and it s a game for young people. when you get home at the e

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