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Transcripts For CNNW CNN Newsroom 20130204

Good evening, everyone. Im don lemon. Getting close to the top of the hour and topping the news right now, officials in alabama say the man holding a boy hostage in an underground bunker is allowing the delivery of potato chips, toys, and medicine. Jinly lee dykes grabbed the 5yearold boy from a school bus saturday after fatally shooting the driver. Funeral services were held for the driver who is being hailed as a hero for protecting the other students. New details about that missing American Woman whose body was found yesterday in turkey. Sarai sierra died from a blow to the head. The 32yearold mother of two also had stab wounds. Police are questioning up to ten people in connection with the case. She was reported missing after failing to board her flight home to new york on january 22nd. I want you to take a look at this, a man whips out a knife at Buckingham Palace and holds it to his own throat. This happened during the changing of the guard. A tourist caught the whole thing on ca

Transcripts For CNNW Starting Point 20130204

Answer for this morning. Welcome, everybody. Good morning. Monday, february 4th. Starting point, what a game. Baltimore ravens and their fans will remember super bowl xlvii for the teams kind of nail biting victory. 3431. Most of us will remember it was the night that went out in new orleans. A power outage in new orleans stopped the game for 34 minutes it may have prevented a interest bowl blowout. We are joined by rachel in new orleans. Good morning, soledad. No question, this was a huge embarrassment. I spoke to a superdome official last night, they had gone through a whole week with the stadium and city showing they could host an event of this magnitude. It not a gradient issue. This was about a piece of electronic equipment that monitors the electricity coming into the stadium. Officials called it an ab normality. Really, its just like in your house, when you have to go down to the basement and flip the switch again, thats what happened with the officials. They had to flip everyth

Transcripts For CNNW The Situation Room 20130204

20 seconds before the closing bell. Lets get a quick sneak peek of this. The dow down 137 points. Friday was the big rally, the first time the dow jones closed above that 14,000 mark since really the height back in 2007. Im brooke baldwin. Thanks so much for being with me. Im in new york for the day. Ill see you bright and early tomorrow morning on starting point. Here now is wolf blitzer. The blame game following last nights super bowl blackout. Its raising new questions about new orleans readiness to host big events. An embattleled u. S. Senators hitting back at his accusers. New video could potentially support his claim hes the victim of a politically motivated Smear Campaign. Plus, a huge scandal in the worlds most popular sport. Im wolf blitzer. Im wolf blitzer. Youre in the situation room. Captions by vitac www. Vitac. Com but we begin in new orleans. A city deeply embarrassed by the power blackout that interrupted potentially could have changed the course of the super bowl. This

Transcripts For FBC Bulls And Bears 20130203

Thanks, brian. Well see you tomorrow. Wall street keeps on soaring. The dow closing over 14,000 for the First Time Since 2007. But main street is still hurting. Unemployment rising. The economy . Its shrinking. Gdp contracting last year for the first time in four years and Consumer Confidence tanking as that payroll tax hike cuts into workers paychecks. Add it all up, is it time to strike calls for more tax hikes . Down. Im brenda buttner, this is bulls bears. Weve got gary smith, tobin smith, jonas max ferris, and John Layfield and susan fox. The white house and Democratic Leaders still pushing tax hikes. Should they be . Absolutely not, brenda. What i dont understand is how you can propose tax hikes without looking at what the scholars say, the studies say. Look, if there was studies out there says raising taxes, great for the economy, id get behind it. But you know what, brenda . Every single scholarly study for the past 15 years has said one thing higher taxes, negatively impact gr

Transcripts For FBC Cavuto 20130203

The income tax is 100 years old or it look at how much it has grown out. Welcome, everyone, i and Liz Macdonald in for neil cavuto. As youre watching the super bowl, we are continuing to watch our tax rates skyrocket. Income tax celebrating its 100 are they this saturday. It was 7 of first started. Now, locale hiatus. Its about if we should raise the rates even more. Dan mitchell on what rates america will be seen next 100 years. You know, here is the thing. Basically we are seeing the income tax celebrating its 100 anniversary. Back then, it was unconstitutional to have an income tax. What do you make of the direction the country is in with where they are right now . Well, this is just an argument for euthanasia. I think 100 years is plenty long enough to have the income tax. What is really tragic is that we would not have the modern welfare state with all the economic damage it imposes if we had not given politician the ability to live levy a broadbased tax like the income tax. But a

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