another straw poll victory. the president the republican presidential candidate finished first at the conservative values voter summit this weekend winning 37% of the straw poll vote. herman cain came in second with 23% and rick santorum finished third with 16%. herman cain said the bad economy is having a greater impact on african-americans but the gop candidate says racism is not the reason why. i don t believe racism in this country today holds anybody back in a big way. is there some are there some elements of racism? yes. it gets back to if we don t grow this economy, that is a ripple effect for every economic level and because blacks are more disproportionately unemployed they get hit the worse when economic policies don t work. that s where it starts. grow this economy and it s going to help everybody to get jobs and get back into the work force. cain and his rival republican candidate hold a debate at dar mouth college in new hampshire on tuesday. the voices
countries. the announcement comes on the same day france, belgium, and luxembourg agreed to rescue dexia, a major franco belgian bank. a couple of hours ago, i spoke with cnn s senior international business correspondent, richard quest. he tells me that what is going on in europe is very similar to what happened in america back in 2008. you really don t want the investment bank to fail. why? because a big investment bank failing of this particular time would cause a ripple of crisis of confidence and that s what happened with lehman in 2008. we re going to see more banks over the coming weeks that whether they fail or not, they re going to need more money. what the authorities are going to have to judge is when is it right to rescue and when is it time to let go? finance ministers from the g-20 nations are scheduled to meet later on this week to discuss the growing crisis. and now to economic concerns here in the u.s. this week, the senate will vote on president obama
president obama stumps for his jobs plan in pittsburgh on tuesday. he ll address international brotherhood of electrical workers at their training center. and governor rick perry will also be in pittsburgh next week. he will deliver a policy address on friday, focusing on energy and job creation. and mitt romney will have town halls across new hampshire on monday. you can see him in new hampshire. and we ll get another financial litmus test for those running for the white house next week. saturday is the deadline to announce third quarter fund-raising numbers. and now to other news, a looming showdown over the president s jobs bill. the u.s. senate is expected to vote on the measure earlier this week. the $447 billion package will be paid for by a tax on millionaires, which would raise revenues by $453 billion over ten years. it includes funding for infrastructure projects and job training. a live report on the brewing battle is just seconds away. the voices of protesters