zero is not a valid idea. there have been ads run by number of the public sector credit unions, those have announced very low interest rate loans to bridge people over the gap. tucker: more debt? more interest payments? that is a solution, no it does not. those are the last things that most american stomach american s needs, there was an idiotic thing to say. they know a propaganda when they see one. it is a shame and it is also a distraction because it changes the nature, the fundamental nature of this country. our borders remain vulnerable and the stakes are higher than they ve ever been asked of the chaos just south of them. leaders who cared about this country are staying up late trying to fix that problem, democratic leaders are trying to make it worse. that is the bottom line truth. an anchor with univision and he joins us tonight. thank you for joining us.
have. other countries are not as strong as ours. they re going to continue to debase their currency, hoping that we ll buy their cars or their goods, think the 17-1 peso ratio in mexico, which was 10-1 not that long ago. meaning you could go to mexico and buy a ton more stuff. the inflation is going to be very bad there and really low here. and the housing mark going to stall next year, because first-time home buyers are going to struggle, or will we see mortgage lenders get a little looser since they re having to get people into higher interest rate loans? i think it s going to be the latter. they ve been tight, the fico scores have been very high. people can t live with their inlaws forever, chuck. got to take my word on that one. any other industry win, lose, draw? banks make a ton of money here and everybody hated the banks before, and you ll probably hate them more, because
voters. president obama s approval rating is back in positive territory at 51%. by comparison, only 22% approve of the job republican leaders in congress are doing. senate majority leader harry reid refused to meet last week with former senator pete domenici of new mexico who was a powerful republican for decades. he said it s because of his extramarital affair with the daughter of another senator. a judge in texas ruled that high school cheerleaders can display banners with verses from the bible at football games. a complaint was made but the ruling says the banners are allowed by the constitution. massachusetts senator elizabeth warren is president obama ing a bill to give students a break on high interest rate loans which are expected to double july 1st. in other words, the federal government is going to charge interest rates nine times higher than the rates they charge the biggest banks. the same banks that destroyed
shadow. it is attached to you wherever you go for the rest of your life. when you declare bankruptcy, you can walk away from things like a mortgage, but you can not walk away from student debt. arthel: wow. let s talk about some of the better programs out there. government-backed loan versus the private lenders. so there are a number of different sources for students to get loans. the lowest interest rate loans are government subsidized loans. so 93% of all outstanding student loan debt is federally subsidized, federal loan debt. and one word of caution here for families, students can take loans and parents can take out loans on behalf of their students. arthel: you have that parent plus program. yes. yes. so if a parent is going to take out a loan for their child, they need to think very carefully about their financial future. no one is going to lend that parent money to fund their retirement. but someone will lend them student money to fund school.
in the middle east, they like how americans do business, but overall, many people feel that there is too much american influence, and that globalization equals americanization. jill dort jill dougherty, cnn, washington. and three men who killed two men at auburn university could appear in court today. desmonte leonard turned himself in yesterday. two of the young men who die were former auburn football players. many people at the party called the shootings a massacre for no reason at all. jamie dimon is testifying before capitol hill to explain why his company lost billions in trade. but his hearing was interrupted by hecklers speaking out. police removed the protesters and the hearing continued. dimon is testifying before the senate banking committee. live pictures now. he told the lawmakers he cannot defend the trade that led to the losses he said when he called it the tempest in the teapot back april, he was dead wrong. a former aide of gabrielle giffords now has her