Im candy crowley. And this is state of the union. Hurricane sandy has sidelined the president ial campaigns in some spots. Both candidates have canceled events in critical swing states, and a more a surprise nonetheless, the Des Moines Register endorsed mitt romney for president. The first time in 40 years the newspaper picked the republican nominee. While the editors praise president obamas early efforts to revitalize the economy through his stimulus plan, it concluded his record on the economy the past four years does not suggest he would lead in the direction the nation must go in the next four years. Joining me now for the politics of weather and Everything Else is Obama Campaign Senior Advisor David Axelrod. Good morning, david. Let me start here with the storm. When you look at virginia where this is likely to be the swing state most affected, does mying worry you about that state being more or less paralyzed by weather for a couple three, four days . Well, the first thing i thin
Bomber hit a crowded mosque today. Witnesses say the bomber was wearing a policemans uniform. Like i said, today starts a major muslim holiday. The mosque was so packed at the time of the explosion many people were praying outside. Silvio berlusconi sentenced it to four years for tax fraud. Its a complicated case that dragged on for years involving berlusconis Media Company and a swiss bank account. Prosecutors say the Company Bought the tv broadcasting rights for some 3,000 american films. Well, then they resold those rights at inflated prices, made a bundle avoiding taxes. Berlusconi, he is expected to appeal. He is not going to serve any time until the appeal is heard. More on the developing story and a live report from rome. National Weather Service has a dire warning for northeast United States. We are talking about right here. Hurricane sandy could move through the region this weekend bringing widespread damage to virginia as well as to massachusetts and everything in between. Sa
Republican woman in congress cathy mcmoorerogers, democratic congresswoman and dana baish and dan bal sfwl from the Washington Post. Im candy crowley, and this is state of the union. In an election about the economy, the debate over International Affairs has been minimal. Al qaeda is on the path to defeat, and Osama Bin Laden is dead. Up against criticism that the president s approach has been too hard on friends and too consillatory to enemies. The president s policies throughout the middle east began with an apology tour. Tomorrow nights debate, the last before the election, will focus solely on Foreign Policy. It is certain to include the specifics, including the who knew what when surrounding the murders of four americans in benghazi, over the debate over the meshs role in the global village. Former u. S. Ambassador Bill Richardson to former speaker of the house newt gingrich. I want to get to that, but i first want to get just your remembrances of senator George Mcgovern who died
After losing 9 million jobs in the great recession, our businesses have now added more than 5 million new jobs over the past 2 1 2 years. Manufacturing is at its highest level since the 90s. Unemployment has fallen to its lowest level since i took office. Home values and home sales are rising. Our Assembly Lines are humming again. We got a long way to go, iowa. But we have come too far to turn back now. We cant afford to go back to what got us into this mess. We have got to stick with policies that are getting out of this mess. Thats why im running for a second term as president of the United States of america. All right, so, again that was the president in iowa addressing supporters there. Meantime, our jim acosta is also traveling with those who are on the campaign. Hes in the battleground state of nevada. Take a look at how close the race is there. A new poll giving president obama a slht edge with 49 of nevadas likely voters. Romney close behind with 47 . And well within the polls
Because they are the big losers. On row nation seeing the biggest decline since january. It reported a 15 rise in earnings, missed and with expectations but they beat a lot of records. Crewon automotive moving in reverse despite record profits. Record profits moving down because they failed to meet expectations. The analysts got a little bullish. Both are showing doubledigit gains. Stock look good. Dave would you buy the debt on the stock . They are buying on the dip. Gold testing its 1,700 low. As soon as it hit the 1701, i think it was 1701 it took off again. It is not a tremendously but significantly off. A lot of people were looking at 1700 as the base. When you go below that it would drop further. If it bounced off of that it would go up. Some people say up to 1,800. Liz another big name is amazon. We are keeping a close eye on amazons Revenue Growth and profit margin especially when selling its kindle tablets, just about a cost though the kindle has been on fire. Let me check as