it it is matter of math. it is a matter of when are we paying our bills before the world market forces us into some crises like they are seeing in europe today. the conversation we never got to have because republicans rule it out is how should we dot taxing we need to fund the government we want in a way that s least harmful to economic growth? that s the subject for another day. but we don t even get to t.o. that conversation because it is considered forgiven. i have one idea on that. mr. pawlenty said he will not cot el wall street. fine. an easy tax we can do right now, a hundred million a year, is a tobin tax. a tiny tax on the trades that occur day in and day out as robust trade, high frequency turn over and churning for no other reason than the feds money. you have been on wall treat for a long time when the wall street fear mongers say, oh, we
miniature beau. we re told the theme, simple gifts, appreciate the small joys of christmas. finally, a huge day on wall street. take a look at the big board, up, allison live at the stock exchange. what s driving the numbers? i think we saw a little holiday clear on wall treat. we had a constant barrage of good news for a change. the tone was set when we got a report from adp, the payroll processing firm saying 93 private sector jobs were added last month. actually the biggest rise that we ve seen in three years. we ve got two strong manufacturing reports, one out of china, one in the u.s. construction spending was up. worker productivity was up. a nice change of pace, when sometimes we get fairly decent reports along with really bad ones. today it was all good. that s why we re seeing a huge rally for the dow. drew. a great christmas present for
the president: one thing we can t afford to do is privatize social security an ill-conceived idea that would add trillions to our budget deficit, while tying your benefits to the whims of wall treat traders and the ups and downs of the stock market kelly: the president shaoeugs committed to working with anyone, democrat or republican, who wants to strengthen social security. republicans say, the president and other democrats talk about social security intended only to scare voters. jamie: your next doctors visit could be a house call. you just need the internet. more physicians using online consultations to better serve patients. casey stegall live in san diego he s not sick today but check it out. i like it you go on your laptop and put in privately all your symptoms and what do you get? reporter: it is handy you get a response back from a doctor on the other end
almost a million dollars from goldman. four or five million from wall treat in toto himself is look at how that worked out for goldman. sean: blanche lincoln got money she said she is not going to return her money. i would think anybody in washington that received any money from any wall street firm has got to recuse themselves by returning the money, no? i think it is a little too far. sean: why? i m for full disclosure. you can give as much money, i believe to any politician as you want. if you are demonizing them saying you are bad guys and you have taken their money [ talking over each other ] i think sean has a point. sean: one last question. what does this mean to the average person that is watching this that is going to watch the person beat up wall street thursday what does it mean to them? vindication. voters will think is right. those bankers, they did this to us.
almost a million dollars from goldman. four or five million from wall treat in toto himself is look at how that worked out for goldman. sean: blanche lincoln got money she said she is not going to return her money. i would think anybody in washington that received any money from any wall street firm has got to recuse themselves by returning the money, no? i think it is a little too far. sean: why? i m for full disclosure. you can give as much money, i believe to any politician as you want. if you are demonizing them saying you are bad guys and you have taken their money [ talking over each other ] i think sean has a point. sean: one last question. what does this mean to the average person that is watching this that is going to watch the person beat up wall street thursday what does it mean to them? vindication. voters will think is right. those bankers, they did this