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Transcripts For CNNW CNN Newsroom 20120221

disorderly disintegration of greece and the european union that causes all of our financial ankments to come unclooued. finally markets get to react to $173 billion bailout deal that was thrashed out. one of the european leaders actually saying there s a reason why the marathon was invented in greece, because that s what they were doing last night, marathon negotiations. greece will stay in the eurozone. it will get the financing it needs to pay its bills in march. a big bond payment due. greece will have to take more cutting, more painful cutting and all of this is something that investors in this country are relieved about. believe it or not, in case you missed it, the dow, stocks have been moving higher for some time now on the hopes that greece would get this all settled. the dow jones industrial average is trading at the highest level since january 2008. also an election year, kyra. a real big advance. 66% has been the gain since the president took office of the dow jone

Transcripts For CNNW John King USA 20120221

we begin tonight with presidential politics. new numbers that underscore just how important our big debate here is tomorrow night and a new twist in the campai campaign conversation. a new cnn times poll shows a statistical dead heat this arizona. 36% for mitt romney, 32% for the surging rick santorum. add in a small santorum lead in michigan which also votes next tuesday, and what you get is a tense, volatile gop race as the final four candidates prepare for their first debate in nearly a month. in a moment how the tightness of the race is playing out among the candidates. but first a campaign commentary is stirring controversy. listen here to franklin graham, the son of the reverend billy graham, when asked on msnbc just this morning if he can say categorically that the president is not a muslim. i can t say categorically, because islam has gotten a free pass under obama. how so? well, we see the arab spring. coming out of the arab spring the islamists are taking co

Detailed text transcripts for TV channel - KGO - 20120220:11:37:00

it s your voice, your vote. rick santorum really touched a nerve with the obama campaign with his speech over the weekend and then some comments he made to reporters. he tried to clean it up in the sunday shows, but it really didn t work. now, santorum has been surging in the polls, and he used part of that to criticize the president and his values. it s about some phony ideal, some phony theology. oh, not a theology based on the bible. a different theology. reporter: the former senator says he was calling for more use of the country s resources in that statement, criticizing the president for putting the environment ahead of human needs. but he had no problem broadening his critique of the president s beliefs just minutes later. the president of the united states is exercising his values and trumping the values of the church. reporter: the obama campaign called this a new low, over the line. it s wrong. it s destructive. it makes it virtually impossible to solve the proble

Detailed text transcripts for TV channel - FOXNEWS - 20120220:22:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20120220:22:00:00
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Detailed text transcripts for TV channel - FOXNEWS - 20120220:14:46:00

to think this only affects the rich? this cuts across for everyone, right? correct. president s budget says this will only hit people over $200,000. let s assume that is the case. you will still have real harm to the economy. i m economist. i belief if we allow the tax bomb to detonate on january 1st, it will cause a double-dip recession. we still have 15 million americans unemployed. the idea of having a huge tax increase whether you re keynesian economist or conservative supply side economist like myself there is no economic theology that says a tax increase that big is good for the economy. another thing for your viewers to think about, bill, if the capital gains and dividend and business taxes go up on january 1st, by the way the dividend tax for example, would triple, think about what impact that will have on the stock market. i predict if investors believe those taxes are going up on january 1st, 2013 you could have a big

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