Fair state. Let me wipe this off. Weve alluded to this here a little bit but in the Social Security act of 1965 that set up the structure of the American Well fair state, we have on the one side social insurance that would be old age, what we call Social Security now. Old age insurance and unemployment insurance. Remember a lot of groups are left out of this most denominatedenominat predominately agricultural workers, domestic workers. On the other side we have public assistance which are the programs that come to be known as well fair and they target certain groups not expected to be in the labor force and the most controversial and largest is aide to dependent children. You can see here from the Social Security board very early on a very positive view on this program so that dependent children can grow up in their own families. The federal and governments provide cash allowances more children will have chances to live normal wholesome lives in their own homes. The discrepancy is whit
Has programs which clearly leads to the disappearance of a million jobs. Isnt it time for the admit theyre wrong and to apologize . My honorable friend is absolutely right. The british economy is on the mend. We see unemployment coming down. The numbers didnt work going up. Our growth rate now forecast to be almost three times as fast as German Growth and frankly the Party Opposite and leader of the opposition told us we would lose a million jobs. He was absolutely wrong and it is time he got to his feet and told us he was wrong. Mr. Speaker . Having listened to select Committee Hearing yesterday, can the Prime Minister tell us whats the difference, can the Prime Minister tell us whats the difference between his order. Can i just say to the Prime Ministers pps, his role is to nod his head in the appropriate places and to vet and carry notes. No noise required. Mr. Speaker, listen to the select Committee Hearing yesterday. Can the Prime Minister tell us what is the difference between hi
Reorganize their business. They say a sale could be in the cards. Well, the gsk scandal is rocked by a tape that could potentially rock the investigation. Youre watching worldwide exchange. Bringing you Business News from around the globe. Good morning. Thank you for joining us. Let me tell you what is coming up. The latest u. K. Calendar is going to be released in the next 30 minutes. Well check on the real estate sector with the ceo of a company there. Chinas lenders came out on top and who is in the number one spot . You may have been part of a social experiment and not known it. Facebook has manipulated some users emotions in a social experiment. And argentina faces a crucial debt payment today. A u. S. Judge ordered for them to pay 1. 5 billion to creditors. Well look at that and the emerging market space in the second half of the program. Dont panic. That was the message from bulgarias president who promised savings in the countrys banks following the sale of two banks. They also
Worry about the public sentiment. He was just determined to do what was right. And i do think that we had housing we could spend a lot of time talking about housing and finance. Wasnt able to come up with a way to limit the amount of foreclose euros, although i do think that fannie and freddie did more than anything else that was done. I regret that. It eluded the Obama Administration also. But i think the level of as i look back at it now, despite some of the angst i felt in that transition, as i look back at it now, the policy continuity was extraordinary because president obama picked tim geithner, ben bernanke was still there. Barney was still there. Chris dodd was still there. Picked tim geithner. The capital stabilization programs need it. They had the programs they needed in place when they got there. They manageled him well. There was pressure no doubt there was pressure. Because theres president from the place to get rid of what the other guys had just did. Just disallow it. B
Doubts of russias handover plans. And in gaza the fuel pumps are running low again. But this time the reason could be more serious, and it could last a lot longer. And in london the latest from europe, including an u. N. Officials damning report on bedroom tax. And hundreds of critics pushing for spains independence. We begin with syria, and some of the worlds most powerful nations are scrambling to resolve its issues overwhelm weapons. The russians have a plan. The u. S. Has a different plan and we do know that differences between the United States, y. Y. Russia and france will meet soon. Were at the u. N. James, do we know any more . Yes, this is a meeting of the permanent five members of the u. N. Security council. 15 members on the Security Council, but these are the five that always sit on the council, and the five that have that allimportant veto, which means if there is something that they dont like a resolution that they dont like, they can stop it. Thats why these are the key