products. those have huge, very big social nature in them. and compared to other search engine, what we think is we re very well positioned. had it not been for google s problems in china would baidu s figures still be so strong? oh, obviously. i think this we had a very, very exceptional year in 2010. that s underpinned by a few factors. most importantly, our successful migration to a new online marketing platform that was beautifully executed. of course, the macro environment improved hugely and seen online activities increase, traffic is growing health thiily and excel in the execution. that was baidu s cfe jennifer
welcome back to way too early, 5:46 in the morning. that s a live pictures, we re inside a vehicle travel somethingwhere in long island. somewhere in long island. you got 15 inches in new york, much more than even the great bill karins could have predicted. and it s still snowing north of here in boston. d.c. shut down. schools closed in washington, new york, boston. it s ugly out there. let s check on the markets as we get all up in your business. steve sedgwick is live in london. steve? reporter: very good to see you today. yes, it may not have been a big move to the outside, only eight points, but the dow hit territory it hasn t seen since the middle of 2008, the 19th of june to be precise. crossed the 12,000 psychological barrier for the first time in a couple of years. the point being, it couldn t hold. it went up to 12,020 at the high but came back again. people concerned about the macro environment despite the fact that most companies the likes of caterpillar are doing
and are moving in the right direction. do you want to go back to the policies that caused the disaster? much harder to make that argument if you don t have convincing evidence you are beginning to move the country in the right direction. and the evidence is becoming more loosive as job growth and overall economic recovery is slowing down again. the macro environment is ominous for democrats. they have a few months to make an argument and have better conditions, but nothing is pointing in that direction right now. kevin, do you think that the governor s races are the real ones to watch in terms of looking forward to 2012 and the real trends there is this. they are. look at what the rga has done as far as fund-raising. there s a lot of grass roots support and financial support going on there. also, the effect they have down the ballot. the rnc has not done a good job fund-raising. when you put the money into the competitive states and the congressional races, that s going to really h