Nicole the profit numbers missed the analyst expectations. Farm equipment maker actually reported weaker than expected numbers. Some expenses that cut into their earnings. And a stronger dollar also played a factor. They know that was something of an issue. As far as 2013, where did they expect growth . The Company Expected south america to show the strongest demand in 2013. Lets take a look at the dow jones industrial. Up 21 points. So far, we still have a winning week on wall street. We will see if this is our winning week. Back to you. Connell thank you very much. Dagen there is no way around it. If congress cannot get its act together on the fiscal cliff, taxes for the vast americans will go out. 90 of households in this country will pay higher taxes if the u. S. Goes off that cliff. With low income families among the hardest hit. Connell charlie wrangle, congressman from new york, he is here in studio with us. We have to get a deal done. It would be irresponsible for congress to g
Rather than selling empty foreclosed homes in the market to rent them for a period if thats appropriate. Part of the outcome of that is that banks have been working hard to increase their modifications to reduce foreclosures to assist homeowners who are unfairly treated in the past and so on. From a supervisory, regulatory perspective, we are trying to help, but in that republic, we are like other regulatory agencies who are addressing this issue. Finally, and i dont want to underestimate this part. Analytically. Analytically, we studied the issues from the beginning of the crisis to before, influential in talking to other agencies, the treasury, and talking to the congress in providing ideas and approaches. For example, you put out a year ago, a white paper describing the key issues and approaches and provided analysis for things that can be done to improve mortgage lending. Weve also been very supportive of steps like those taken by the financial the housing oversight, gse oversight
Troubling, no talks scheduled between the president and House Speaker. We take all of this up here tonight with former special assistant to president george w. Bush, veteran democratic politicos strategist and republican pollster. President obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. The president s steered clear of defining those consequences. Egis political crisis is widening cajon. A general strike to protest the presence unrestricted new powers. In this countrys hospitals that deadly new bacteria that is more than just drugresistant, it is draw prevent spreading. Just how high is that this book of . We begin tonight with the fiscal clef which produced more far spent progress rejecting the speaker of the house claim that no progress is being made the House Speaker said on Fox News Sunday right now i would say we are nowhere in terms of the fiscal cliff negotiations. Does the president agree . No, he d
Critical straitening out of the fiscal disaster, dealing with expenditures. Where the republicans have to give on revenues, they only have to give on revenues if you get really good cuts in expenditures this is a terrible message. Maybe good for the unions, but it is bad for the country and our children because of this does is increase the debt under which they are operating and which is already getting close to historic. Tom the thing about all this, it seems like we are getting into a semantic battle because i was reading through the statement said the Union Leaders , spending a lot of money advertising, especially to republican congressional folks. Right. Right. Tom raise taxes. It think they have somebody, but the semantics are the speaker is echoing mitt romneys comments about raising revenues. But the union folks are saying, we want to raise tax rates. Big difference. I dont know if they can get that through. Eightyseven members of congress reelected two years here with a solemn
Area. We will see whether there is more interest in this market. They are always up aeros. We are also seeing intel. He would retire in may. The board will of both internally and externally. He has been with the company for almost 40 years. It has been hard for a lot of these tech companies. Demand has been week. They hit a new 52 week low, but now they have an up arrow. Connell we will shift over to the debt crisis. President obama reached out and spoke to some. Name ceos try to avoid going over the fiscal cliff. Dagen why is this a bad idea, Monica Crowley . This is what the president should be doing, should he not . If he didnt have a history of blowing off these ceos and their advice, and we would say, yes. Every single time he has asked them to come in and talk, nothing comes of it. He doesnt listen to any of them dagen maybe the fear is that we will go over the cliff. Most of the ceos that you just put up on the screen, warren buffett, a huge supporter of his support tax hikes. T