mohammed, the master mind faced the court arraignment herering used it as a soap box to denounce the u.s. proclaim himself a martyr. and continue to take pride in what he did in orchestrating the attacks of 9/11. he also refused to accept his lawyers. and he got all the other four co-defendants to do the same thing. we still don t know whether these 9/11 defendants tomorrow will accept their lawyers. that s part of the arraignment process. how they will plead in the case. you can expect khalid sheikh mohammed as previously took pride in orchestrating 9/11 but there is some question about that. and on top of that, the defense lawyers for the u.s. military [ inaudible ] have raised just the last few days a lot of legal challenges to the proceedings and rules under which they re
what is the number that really matters to people at this point? i would have to agree with john. it is what direction that number is going in. whether the re arrow is going up or the green arrow is going down. i have a feeling we ll be at this number for the next six months. you ll have just enough of both realities that it will make this an ongoing debate. but it won t solve the employment problem. that s what the distressing thing is. this has become a political football as a campaign issue. which is now completely detached from, all right, what do we do about this as a country? and congress isn t going to do anything. they may extend unemployment benefits. you don t want a lot of people, social chaos. there is not a lot of discussion, if you have a structural issue that s not going away four years after recession, what do you do about it? yes. job training. long term skills issues. global competitiveness. those are the hard issues that government ought to be dealing with. le
2004 which went public with $2 billion offering. this will be multiple times bigger. so the washington post reports, it is $17.6 billion. rixer than microsoft steve balmer. with that said, what are they saying? many people do you think the value. there are still doubts. people are saying facebook is so important. we spend so much minutes if you think about it every day. photos and all of that. on the other hand, they have to figure out a way to woo advertisers, the big, big advertising agencies and big companies who are starting to experiment with the site but haven t been really laying down enough cash for facebook to justify valuation. is it that they can t prove their popularity. a lot of company are starting to dedicate more dollars toward it. but they re waiting to see whether they re going to get enough bang from their buck or
and on the campaign trail officially off things in columbus, ohio, richmond, virginia. he has a lot planned here. so he has the bully pulpit. this opportunity to, if the word is not spin, it is to give his vision of the jobs market and tie it into this report so his story line that he wants the american people to see has an opportunity to be talked about all weekend long and leading into the sunday morning programs. that s right. and i think what you ve seen from this president so far, if you look back at what s happened. he wants to expand the conversation beyond just the economy. he want to talk about foreign policy, student loans. he wants to talk about contraception and health care. in that way he boxes mitt romney in who does want to primarily focus on the economy. he gave a new bar today, mitt romney did, in terms of what is an acceptable level of unemployment. he said anything above 4% would be unacceptable. this to me means he is anticipating, this unemployment rate will st
how it will shake out by the end of the year. and a gradually improving job market, it may be just enough for the president to get by. let me let you have the last word on this. we know that people have stopped working for work. to john harwood s point, we can look at these numbers but it is the feeling, either you have optimism or you re giving up or you see the cloud with the rain following you around. not only a lot of people stopped working. there are 5 million unemployed. a lot under employed and the jobs being created are low paying jobs. you re not making most of the basic needs with some of the employment. it s not just a question of do you have a job, do you not have a job. it is what you re getting paid. what kind of job you have. that s a whole other discussion. these will be the currents in the election. there are a lot of people who feel manifestly and realistically insecure and unsure about their future and that won t matter whether that number is 7.9, 8.1. that s