why are you against tax raising on the rich? there is no harm. bill: you think is he a positive force for the economy because even though you admit he misspent the stimulus money. some of it. bill: the cause of the recession he is a see, look i don t see we will get to the rich in a minute. bill, i don t see what he could have done differently. bill: i will tell you, mr. stein but i first want to hear from mr. rogers. do you think, mr. rogers, that mr. obama is a positive force in the american economy at this moment? i think it s a neutral force. i don t think is he a force at all. i don t think he has much control of it. i don t think he can do much about it. as we have said before, the ability to make law is in the congress and not in the president s hands. bill: but when he goes on tv though and he talks about the economy. the stock market drops 200 or 300 points every time he shows up. isn t it better that he plays golf? it has nothing to do with it? i don
why are you against tax raising on the rich? there is no harm. bill: you think is he a positive force for the economy because even though you admit he misspent the stimulus money. some of it. bill: the cause of the recession he is a see, look i don t see we will get to the rich in a minute. bill, i don t see what he could have done differently. bill: i will tell you, mr. stein but i first want to hear from mr. rogers. do you think, mr. rogers, that mr. obama is a positive force in the american economy at this moment? i think it s a neutral force. i don t think is he a force at all. i don t think he has much control of it. i don t think he can do much about it. as we have said before, the ability to make law is in the congress and not in the president s hands. bill: but when he goes on tv though and he talks about the economy. the stock market drops 200 or 300 points every time he shows up. isn t it better that he plays golf? it has nothing to do with it? i don
now, actually pretty good since where it started pretty much in the 100 level, stocks are negative even though one of the big three credit agencies affirmed the u.s. government s aaa rating today, calling its credit worthiness exceptional. that s a sharp contrast to this month s downgrade by standard & poor s. we told you this this was going to happen yesterday. it did. protesters make san francisco s rush hour commute a mess. bay area rapid transit shut all four downtown b.a.r.t. stations last night to protesters angry over shootings involving b.a.r.t. police officers. b.a.r.t. blocked cell service at some stations last week so protesters couldn t coordinate on social media. well, phone service stayed on last night. news corps exec james murdoch may have to answer new questions in parliament on that phone hacking scandal. a british lawmaker says murdoch may have misled his committee about settlements paying to hacking victims. they want him clarify his statements. murdoc
isn t this august, not supposed to be a lot going on. don t you wish one day we d say there s nothing going on, go home. change the channel. a lot has to do with the economy, up first president obama talking jobs in the heartland of america. the president is in iowa this morning. no straw polls. no campaigns it s a campaign stop. it s a campaign-style trip through three mid western states. he ll meet with a group of farmers and small business owners today. he s been making his pitch for job growth and sounding a familiar theme that republicans are playing politics with the economy. the problem we have is not with our country. the problem is, that our politics is broken. [ applause ] the problem is, is that we ve got the kind of partisan brinkmanship that is willing to put party ahead of country. that s more interested in seeing their political opponents lose than seeing the country win. well, the president was glad handing after a town hall meeting in iowa, he was c
audience, for the tax-raising advocates like warren buffett, i am sure that the treasury would take a voluntarily payment for the tax reduction and many are saying, should buffett put the money where the mouth is and give some money? well, if it did for him, it would make a small dent in the $14 trillion debt, but what is speaking poorly of is what is upcoming of the super committee that is supposed to resolve this, and i for one, don t have high aspirations for what they have to do. well, it is a high, high bar and you hit right there. michael smerconish, thank you. thank you. and with so much pressure on the candidates in iowa, one journalists say it is not fair for two states to carry so much weight. and when will casey anthony turn herself into florida? and the uk trying to contain