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Transcripts For CNNW CNN Newsroom 20111203

cain has been battling serious image problems. he s accused of sexual misconduct and have a 13-year extramarital affair. here is how cain ended his campaign. so as of today, with a lot of prayer and soul searching, i am suspended my presidential campaign. given the recent accusations of extramarital affairs, was this cain s best recourse? cnn s wolf blitzer joining us now on the phone from hollywood, florida. wolf, was this cain s best option? you know, under the circumstances, he really didn t have any other choice. his poll numbers had really gone down over the past few weeks since the first allegations of sexual harassment by four separate women came forward and when this other woman alleged a 13-year extramarital affair. the money was drying up, the poll numbers were going down. in october, he was in the mid-20s among republican likely caucusgoers in iowa. now he s down to 8%, some were suggesting he was going down to 4%. it looked like it was all over. and it obvio

Transcripts For CNNW Erin Burnett OutFront 20111203

but there s a real big but does he need bill clinton to win? let s go outfront i m erin burnett. unemployment jumps 8% chblt that s the lowest level for unemployment in about three years. it s a big headline, but a closer look, 120,000 jobs added last month isn t great. that s barely enough to keep up with population growth, let alone put a dent in the 9 million jobs lost in the great recession. still, the president hopes americans will focus on the unemployment rate. and he s also hoping he can get some of what this guy has. oh, that bill. he has the love. he has the love of so many voters. recently some republicans said bill clinton isn t sold on barack obama term two. but the two men appeared together at a green building event in washington today. i am thrilled that president clinton has been willing to take this on. partly thanks to me he s home alone too often. and this has been a passion for him for quite some time. president obama needs all the bill he can ge

Transcripts For CNNW CNN Newsroom 20111203

a huge jump in the polls where he led at times. boy, it rained down on him. not just allegations about sexual harassment or long-term affairs but about his knowledge of the issues. so ron bonjean, let me bring you in in these final moments. now he s going to set up this website. we can read nothing into this, can we, other than it s over. that s exactly right. it was a very good speech. a perfect exit speech. he had us all hinging on what he was going to do. i thought the segue to the website was smart. it gave him a place to go. the fact he has an endorsement he can give to other another republican primary candidate is key for him. he s an excellent speaker. so i thought, you know, in this final moment for him on the presidential trail, it was probably one of his best moments. my thanks to ron bonjean, republican strategist, to my colleagues, shannon travers in atlanta, joe johns here with me in washington. i m going to bow out and leave you in the capable hands of fre

Transcripts For CNNW Your Bottom Line 20111203

tear apart the euro currency. in washington, where the super committee was a super failure. and in our own bank accounts, where incomes are falling, and americans are dipping into their savings to pay the bills. yet everywhere, you re being cheerleaded to spend money, lots of money for the holidays. $704. the national retail federation projects that s how much you ll spend over the holidays, and consumers are more than halfway there. where is all of that money coming from, and have we learned nothing? rick newman is the chief business correspondent for u.s. news. rick, they re trying to tell us to party like it s 2005. the contradiction between what s happening in washington and in europe, and then what america is trying to do for the holidays is pretty stark. you know, you see these numbers about how much money people are spending for the holidays and it reminds you back when people suddenly had expensive cars in their driveway, boats, fancy vacations. you wonder, how are

Transcripts For CNNW CNN Newsroom 20111202

rate has fallen to 8.6%. that s the lowest rate in nearly three years. christine romans back with us in new york now. so, christine, what a marked improvement. 120,000 jobs added in november, where are we seeing the most growth here? we had the last two months here res have hire, as well. many more jobs created in september and october than we thought. the growth we re seeing is in the retail industry, no surprise there. 50,000 jobs created in the retail industry and half of those were in clothing stores and also in apparel, you know, accessory stores. you also saw leisure and hospitality. that means hotels, restaurants, too, food and drinking places. anything that has to do with people starting to get out and spend money there. you saw them adding workers in those places. also, professional and business services. 27,000 jobs created there and in health care and education, we saw about 20,000 jobs created. so, retail, food and drink, professional, medical system, medical pl

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