. mike: the top ip income tax bracket, the president proposed rising that by 5% and jumping from medicare 2.9 p-ers to 3.9% and doesn t end there. those earning over a million dollars will be slapped with 5.4% sur tax, bringing the grand total for top earners to 53%, that s up from 42% under current law and by the way, that does not include your state income tax, property tax or sales tax. now, this is the type of change that president obama is bringing to america and this is what is at stake in november. all of this information, and much more can be found in part one of a brand new book it s 2010, take back america, a battle plan, the stakes, the targets, the strategy and what you can do, joining me now is the author of this brand new book, the one and only dick morris. welcome to hannity, by the way i d shake your hand the elbow bump because i don t want to get sick. you ve got to be really first of all, i love, i love the book. i love it and it is a you get into
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wrong, there s an implied put. there s something wrong here. michigan take is regardless that the market was down yesterday and the day before, the first week of january was good, up 2%. the second week we finally ended up down just a little bit. i think we re now down. you re talking about more than 300 points in losses over the last couple of days. yeah. so the month is supposed to go like that and the year is exposed to go like that. it will be interesting what happens between now and january 31st. i think the month ends on january 29th, which is a friday. so we have today and next week to see whether we get a positive start to the year or negative start to the year. i m just confused by these potential rules, what it s going to mean. how would you actually break up a bank of america and a merrill lynch that they just put together. how would you make sure that these banks aren t bigger than 10% of deposits, especially when you start including some of the other assets
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i m jim cramer. welcome to my world. you need to get into the game. they re nuts, they re nuts! they know nothing. i always like to say there s a bull market somewhere. mad money. you can t afford to miss it. hey, i m cramer. welcome to mad money. welcome to cramerica. others want to make friends, i just want to make you money. my job is not just to entertain but to educate. why were we down big todn t we ? can you tell me? retail sales were abysmal. big banks are getting socked with new taxes gi president obama before they even start making a lot of money. not only that, credit card losses haven t peaked yet. health care reform seems actually on the verge of passing. scary. and natural gas, it will rally, just getting hammered. the parade of horribles is alive and well. and going right past wall street without an ounce of ticker tape to be found. so why did we get the treatment? or how about the imperial city? why weren t we annihilated? how could the nasdaq rise 40
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as you look at the beautiful people, is there anything you would like to say to the beautiful people? they all deserve each other. get a life. reporter: she, and we, wondered if it could all be just a publicity stunt. co-founder greg hodge says, no. when he looks in the mirror, he sees this, a 7.84. how do you look at yourself in the mirror every morning when this is the kind of superficial thing you do? look, is it politically correct? no, it s not. it s certainly very honest. people want to be with people they are attracted to. reporter: those kicked off the site can re-apply to be voted back on. you would think even a guinea pig wouldn t be a glutton for punishment. i am beautiful no matter what they say reporter: jeanne moos, cnn, new york. words can t bring me down there is so much more to what makes a person beautiful than what s on the outside. that wraps it up for us. we ll see you again bright and early tomorrow. meanwhile the news continues.
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