Today that for the first time president obama is considering u. S. Military airstrikes to help restore order. The president has repeatedly claimed that there is no military solutions for the crisis in iraq while vowing to keep the u. S. Military out of conflict. And ed henry is at the white house tonight with our work. On the march in iraq, isis. Christians and others on the brink of a genocide that is reverberating around the world. President obama had hundreds of protesters show up outside the gates urging action. And to the iraqi parliament, we are the only lawmaker giving emotional testimony. In the name of humanity and upon all of you to save us anomalies 3000 families are besieged in the mountains for water and food and they are dying. Remark on how white house officials acknowledge the severity of the crisis come up to 40,000 christians in on the mountain by isis without food or water or shelter. But they were wishywashy on how much the u. S. Can help. Its a situation that we ar
The government says prices are falling. Here we go again. Varney and company is about to begin. The market went up significantly. We were up 10. Now we are up 75. Goldman is a taos stock. When that stock goes down, it shaves points. The loss accounts for 20 points on the dow. Toyota. Dare we say it is finding a bottom . Down a fraction of a penny overnight. It is still down above 22. That is just money straight back into your pocket. Happy friday. Three states hitting the 1 club. Everyone in the center of the country can get gas will load 2. If you go to taxes you get the cheapest gas in the lands. Interest rates touched 1. 73 . They spiked down early this morning. They came back up again. We are at 1. 8 to write out. There is financial fallout from the president immigrant amnesty. 2 million of those nearly amnesty people will be eligible for cash. Repeat cash. Direct from the u. S. Treasury. Millions will now be eligible for Social Security and medicare as well. Steve hays joins us no
Here is another reason for todays selling, a broader investigation of foreign bribery charges at walmart. When at that came out this morning, the whole market turned south. Thats where we are this thursday morning. More taxes, more selling and four more years. Varney company about to begin. Cer ] this is steve. He loves risk. But whether hes climbing everest, scuba diving the Great Barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesnt nickel and dime him with hidden fees. So he can worry about other things, like what the market is doing and being ready, no matter what happens, which isnt rocket science. Its just common sense, from td ameritrade. [ male announcer ] they are a glowing example of what it means to be the best. And at this special time of year, they shine even brighter. Come to the winter event and get the mercedesbenz youve always wished for, now for an exceptional price. [ santa ] ho, ho, ho, h
So the consequences, madam president , of failing to raise the debt ceiling are crystal clear. Interest rates on middleclass expenses like home mortgages, and Student Loans shoot up. Housing markets, automobile markets and others decline, many are laid off. And then others are laid off in a cyclical cycle. As most cycles are. The dollar will lose its value, making everyday purchases more expensive and the federal Government Faces terrible choices about who to pay, seniors, veterans, military, creditors. To risk these consequences would be a terrible mistake. So in conclusion, madam president , i come here with a simple plea. Not to our Tea Party Activists activists activist colleagues but to mainstream conservative republican friends. Please help us avoid the default crash. Please help us avoid an economic apocalypse. Were ready to talk. Were ready to negotiate on anything you want but first open up the government and pay our bills. Then we can sit down and debate our differences. The
Republican support in the house for his plan the proposal on the fiscal cliff has embarrassed the speaker, but the speakers failure means a solution to the fiscal cliff is, if theyre going to be one, now resting squarely upon president obama. Arsine to be vacationing president alone cannot propose legislation that wins majority support in both the house and senate, and the decision to go over the fiscal cliff now depends on his ability to successfulully negotiate and to forge a compromise that appeals to both republicans and the far left in mr. Obamas party. The president met with Senate Majority leader harry reid this afternoon and talked with Speaker Boehner to begin anew that eort to reach compromise. Averting this middleclass tax hike is not a democratic responsibility or republican responsibility. With their foes the American People have determined that governing is a shared responsibility between both parties in this Congress Laws can only pass with support from democrats and rep