conclusion. the bigger point, you mentioned this earlier, the president said there is no problem with our debt in the short term. that is wrong. that is flat-out untrue. we re adding $4 billion per day in new, in new debt. that is a short-term problem. we were just downgraded in fact because we re adding debt at that kind of a rate and because this rating agency, eagan jones, wasn t pleased with qe3 and what the president and what the federal reserve plan to do about it. jon: stephen hayes, the media hasn t noticed much about what the president says. i m glad you re pointing it out. it could use some fact check, that s for sure. jon: stephen hayes, from the weekly standard. thanks. thanks, jon. arthel: a fox news alert. just what jon scott has been waiting for, shut tell shuttle endeavour took off from edwards air force base in antelope valley, 100 miles north of los angeles on the specially modified jumbo jet. the 747 there, riege .
israeli prime minister bee benn netanyahu sounding the alarm about how close iran is to nuclear weapons. he claims they are only six months aweigh and insists now is the time for president obama to set a clear red line. another u.s. credit rating downgrade. eagan jones down graded the u.s. for a second time, dropping from a double a rating to a double amy us in and blames the feds plans to try to stimulate the economy. european magazines obsessing over photographs of kate middleton sun bathing topless. french and italian magazines plan to release a spread over 20-pages long. the royals are firing back with a lawsuit against the publications. voters are split right down the middle when it comes to deciding which presidential candidate will take the country in the right direction. whistling at the comes to the economy the latest jobs report was dismal though the unemployment rate dropped slightly to 8.1% partially because so many people stopped
structural dysfunction inside of the banking system, inside of our trade agreements, and our failure to adapt to the 21st century. so we could do we have education, trade, immigration and banking policy problems. we re not doing enough to attract and retain talent, investment and restore competitiveness to this country and that s whi came here to work on and wish we focused on every day. right now we ve got, though, a short-term crisis looming next tuesday, and we need to make sure that we don t default on america s mortgage. yesterday, or i guess the end of last week i did an interview with shawn eagan we ll 3u9 up as a podcast who runs eagan jones, one of the, the third credit rating agency if will you. the only ones paid by bond buyers as opposed to banks to rubber stamp them with ratings as they do, and according to shawn eagan, we were, went from an $8 trillion deaf stoit aç $ trillion under obama. $3 trillion of that more or less related to three undeclared
failure to adapt to the 21st century. so we could do we have education, trade, immigration and banking policy problems. we re not doing enough to attract and retain talent, investment and restore competitiveness to this country and that s whi came here to work on and wish we focused on every day. right now we ve got, though, a short-term crisis looming next tuesday, and we need to make sure that we don t default on america s mortgage. yesterday, or i guess the end of last week i did an interview with shawn eagan we ll 3u9 up as a podcast who runs eagan jones, one of the, the third credit rating agency if will you. the only ones paid by bond buyers as opposed to banks to rubber stamp them with ratings as they do, and according to shawn eagan, we were, went from an $8 trillion deaf stoit aç $ trillion under obama. $3 trillion of that more or less related to three undeclared massively expensive wars. $2 trillion of that associated with the financial crisis.