The production doesnt stop. The factories are still here. We have a currency crisis. It doesnt mean the factories that are producing, they dont stop producing stuff but what changes is who gets to buy this stuff. Right now america disproportionately read by a lot of the stuff that gets produced in factories all around the world. But when the dollar goes down somebody else is going to outbid us just like we are outbidding them. So i want to own Companies Whose customers are going to own the currencies that will gain value against the dollars because those customers are going to have more buying power. So the earnings of these Companies Need to go up when our customers have more purchasing power in most of the Global Customers now dont need credit. They have savings. Americans have no savings and whatever little savings we have are about to collapse in value. I dont want my customers being americans. I want my customers also living in countries that have sounds monetary policy, sound eco
Negotiated solution with respect to syria. And we know that russia is likewise. We are working hard to find the Common Ground to be able to make that happen. Will constructive talks ever lead to peace . Here in geneva i spoke with u. N. Secretarygeneral and enjoy for syria kofi annan after he met today. Its constructive, positive and i hope we get something really constructive out of it. The stakes are high and everybody realizes that. Good day, im Andrea Mitchell in geneva where secretary of state meets with foreign minister on the Syrian Crisis trying to get past the tension that erupted on the first day of talks. As taliban attacked u. S. Consulate in iraq, afghanistan, a lot happening on the foreign front p joining me Washington Post Diplomatic Correspondent ann gearen, terrorism expert michael leiter. First of all these talks did not start on a happy note. A lot of tension. Why . It started yesterday and its really because the two sides, u. S. And russia are coming at it from a di
It has been one year and still no answers. All we know is that Malaysia Airlines disappeared somewhere over the indian ocean. 239 people were on board the plane from kuala lumpur to beijing. Not a trace of wreckage has been found so far. A new report found today that both the captain and the crew showed no signs of odd behavior before the flight took off and no signs of inclement weather. Cnn is covering this story with our correspondents who have been across developments from the very start. Richard quest is in los angeles. David mckenzie is in beijing for us and anna is in kuala lumpur. Richard, youve been looking at this report. What does it tell us that we didnt already know before . It tells us everything and it tells us nothing. It sort of clears mysteries up. For instance the question about the pilots health. It makes it quite clear that the captain was neither anxious, nor depressed, nor was his home life collapsing and that he didnt seem to be under stress and was handling lif
Good morning. Im melissa harrisperry. Today marked a very important anniversary in modern u. S. History. I want to take you back to what we were all watching five years ago today. And remind you how none of us knew just how deep our economic problems went. On the broadcast tonight, meltdown. The American Financial system is rocked to its foundation as top wall street institutions topple under a mountain of debt. Coming up tonight, how did it happen . Whats next, and how safe is your money . Meltdown, rocked to its foundation, mountain of debt our Financial System, as we knew it, was about to change forever. That day the Dow Jones Industrial average lost 504 points on the days trading, with the largest point drops in history. The nasdaq was down more than 81 points and the s p 500 was down more than 59. Was what was the cause of all of this . Take a look. All of this fallout from what happened last night in new york, as Lehman Brothers filed for bankruptcy protection just after midnight
Segment on red eye tonight. Lets welcome our guests, shall we . I am here with forbes. Com Gary Sheffield not to be confuse wetted baseball player. And he is a producer. Anthats not proven. Unforgettable weekend she will not remember. It is always buzz joanne. And he owns a shaggin wagon, but the tags expired years ago. He is the host of the Buck Sexton Show on the blaze network. And next to me constantine and he was awarded the tony which is given to the biggest tony danza fan. I heard you lost to tony danza. I did. A block. The lede. Thats the first story. Wait, hang on a second. Have i to go. Lou needs me. They said boo to a petting zoo. It is time for another installment of the investigative series is this racist. Students at the university of saint thomas in minnesota have canceled an end of year celebration after complaints that hiring a live camel would be insensitive to middle eastern cultures. It was supposed to be a petting zootype atmosphere in which students could take pics