there is no bark, you know, or bite or anything where when it comes to president obama and that s the problem. so unless there s going to be some military force, these sanction aren t going to work. they re not afraid of him. i know that senator corker out of tennessee was calling for a different look at sanction. republicans have some ideas. we can just wonder, and that s what i would ask the president, are you open to other idea snz all right. 38 million american households are currently living paycheck to paycheck. are you one of them? but most aren t even considered to be poor. study finds 2/3 of those living hand to mouth are in the middle class. that s 25 million people. many own homes and have retirement assets among other things. so the question becomes, guys, why are they living paycheck to paycheck? if you look at a number of the households run by women, this tends to target that particular democrat demographic
age 70 is the new 65, accordinga new record. that s how long you ll knee to work mainstream.com means delaying retirement be cnbc s mandy drury is here with what s moving your money. mandy, on the one hand it might seem depressing, but on the other hand we re living longer, so 70 isn t what it used to be, i suppose. my parents would definitely say 70 isn t old. they still feel very, very young, they re active and working. as we re living longer, you really have a much longer time to support yourself, right? which means either a much larger pot of retirement assets or keep working well into your 60s and beyond. a lot of people wouldn t say that s palatable, but some say if you retire at 65, and live to
the president takes credit for that. senate republicans take credit for that. but the reality is if house republicans had not fought for cutting spending and cutting the deficits, we wouldn t have the cuts we have had over the last three years. the problem with senate republicans is that they always want to have a fight the next time. they always want to wait until the next time. if they continue to pussyfoof around like they do in these battles, they will never be able to take back the senate and never be able to actually engage in the fights the american people elected them to do. last time we came this close to not raising the debt ceiling, the stock market went down 17%, retirement assets fell by $800 billion. are you willing to pledge right now that you will support raising the debt ceiling because we don t want that to happen again? i will only pledge to raise the debt ceiling if we have real reforms like we had the last time. if you remember, you guys in the media continue t
get on with their lives. at the same time you don t want to see your own mom and dad when they get in the twilight of their lives be in a tough situation. what do you do? of course. you have to really apply the simple theory that we see ever triem we are on an airplane where you put your mocoxygen ma on yourself before you help others. the folks in this sandwich generation need to do that. they need to make sure they are taking care of baseline financial needs for themselves so they can empower their family members. there are really a number of things they should and shouldn t be doing. you really shouldn t ever dip into your retirement assets to take care of current financial needs. instead you have to have a road map. we wouldn t get in a car and say i hope ind up at my destination. we would carefully map it out and plan. your finances are no different. you need to carefully come up with a retirement kscenario.
here, about the osama bin laden file, hundreds of pages of documents seized in the raid that killed him one year ago released by the u.s. government. now another dead terrorist is speaking from the grave. the yemen based militant died last fall in a drone strike, but his group has published new irn constructions and among other things they re telling followers to set fire to america. set fire. these new instructions include guidance on how to create a so-called ember bomb to ignite wildfires. want to go straight to irvine, california, bob formerly of the cia. good to see you again. this is something we hadn t heard, the idea of using wildfires as weapons of terror. question to you, is this a new idea? is this something law enforcement has considered? they have considered it, of course. arson is a very effective weapon. it is easy to light places on fire and attack at several places. you don t have to procure explosives. the rest of it, it doesn t surprise me. al qaeda is de