Plunged about 3 along with it. Homeownership rate, plunging as well, which is still yet to climb back to levels seen in 2008. Lets bring in todays panel. Fox businesss Charlie Gasparino. Dan schaefer of schaefer asset management. Dominic tavella. Are we better off . We have better gdp numbers. You left that out. Were a growing economy. Melissa so you think were better off than we were . President obama inherited a horrible situation. I mean i covered the financial crisis every day. It was nasty. It definitely sent the country into a great recession. Maybe the stiffest economic downturn since first depression. Melissa so youre on his side . No. Heres why. He actually had a chance to get this country going so many different ways. He had some bipartisan support for tax reform and tax cuts and he blew it. And his whole presidency in my view is one big missed opportunity. Melissa 15 million more people on food stamps than there were. They would say theyre finally reaching people who actuall
Es always about money. Melissa president obamas bipartisan rhetoric after the midterms apparently just lip service. Fox news is learning that the president is firing up his mighty person unveiling an executive order on immigration order next friday. As senate prepares for a vote on Keystone Pipeline the white house already hinting at veto. Here to discuss were waiting on very own charlie gasparino. We have empty seat on the set. Im sure he will power in her any second. Veronica daguerre from wall street journal. Jack otter from barrons. Thanks for you two guys being on time. Veronica, the president is doubling down on policies that got his party kicked out of washington. He seems to be committed to that and America Melissa thanks for joining us, charlie. A seat right here. Im sorry i was on the phone. Keystone to go through. Both sides of the aisle look forge that. Looking to make that happen. Because they want jobs created from that. They want that policy and they want cooperation in
The stock market was saying it is not, the future is not very good for the u. S. Economy based on the latest data but which i will say this, the market came back and came back the minute i thought, that Morgan Stanley came out it changed its estimate when the fed will finally start raising the fed fund rate and policy rates changed it from melissa from later from january to march. 2016. Melissa indicating that the economy is worse off than we think. By the way Morgan Stanley, just caught up with a friend of ours who has been saying it right here a past couple months anthony scaramucci. He said that was going to happen. He was absolutely right. There is good reason to believe it will take longer. Ask yourself why europe is buying all these bond to keep their Interest Rates low . You think that will help the european stock market . I wont. Someone thinking about doing a piece of Business Rates at 2 is too high theyre waiting for 1. 75 . It is not about rates. If theyre doing that in euro
Show us the money. The dow and the s p both hitting new highs. Lets bring in todays panel. Ceo of veterans for america. He is also a fox news contributor. You guys are like two groomsmen. I am the groom. Melissa a twoman a cappella group. A little more symmetrical. What do you think about the market . There is good news on the economy. The stimulus that we have had has affected the financial economy or the in the real economy up to now. U. S. Stocks are just over 15 times or earning. I am not sure if the economy is picking up and if they will fully participate from here. I would say politics and washington is definitely what pushes this market higher. You will get this on them to limit number going downward. Let the patient heal on its own. of the American People do not feel that that is an 80,000 dow. People are not feeling the benefits of this economy. The problem is, the Unemployment Rate is still dropping. Real people do not feel the benefits. Melissa nominating Ashton Carter earli
We have breaking news right now on the sony hack. Cyber criminals behind the breach escalating threats invoking images of terrorism. A new online warning states quote, the world will be full of fear. Remember the 11th of september, 2001. The message is urging people to stay away from theaters showing sony film, the interview. Lets bring in Senior Correspondent Charlie Gasparino and barrons Senior Editor jack hough and we have deputy editorial director of wall street journal i think this is serious. Part of me wants to say screw you. We have a lot of cops out there. To whoever is doing this. Melissa those making threats. I dont know if theyre terrorists or whatever. Melissa the hackers. Maybe theyre not the hackers. Maybe someone that is a copycat but when you think about terrorism, yes, a human life is also involved but also an economic impact. They want to scare us into not doing what we do every day. Go to work, go to the movies and this is where it gets really scary for me as an ame