when you have a politician in washington demonizing success and castigating those who create jobs and insitting they pay more taxes, those individuals have to say, well, i need to figure out what will happen to me next year before i can make any commitment to invest in america and create jobs here. the same is true on the regulatory front. neil: do you think the message of these republican-run states where they have cut taxes and or regulations, is that resonating on the white house? do are your members think that is going to resonate? guest: it is hard to say what will resonate with the white house, regardless of who is in it. i can tell you from experience what works. i was fortunate enough to be chief of staff to a governor who understood how to create jobs. back in the 1990 s when george allen was governor of virginia, he lowered taxes for business.
we re going to hear president obama say all those same things have been great for small business, and he s dug us out of the ditch. how are people supposed to make sense of this? when you wake up in the morning, do you feel better three-and-a-half years later or not? has obama made your life better economically? i don t think most people are going to say, yes. i mean, i love how mitt went through and talked about the stimulus, obamacare, dodd-frank, energy. four things obama s been pushing for the last couple of years that s going to make the economy turn around and get better. those are four things that have kept the economy from breaking out. that s all overregulation. obama s big government. romney s the exact opposite. if you re sitting at home and you re confused because one candidate s saying this works, how does it feel to you? megyn: doug, dodd-frank was meant to crack down on wall street, and that was popular with some because they were sick of wall street although there is
the former illinois governor is going to have an opportunity to speak before the federal judge announces the sentence. prosecutors want blagojevich to get at least 15 years for his conviction on corruption charges. a 19-year-old man says that jerry sandusky gave him whiskey when he was 12, then sexually abused him. sandusky s latest accuser claims it happened once inside an office inside the penn state football building. the man says he was a member of the second mile. that is sandusky s charity for disadvantaged kids. sarah ganim broke the story. there s a lot of new things in this allegation. first of all, we ve never heard that sandusky gave one of his victims alcohol. in this situation this man alleges it was in an office in this building and he was given whiskey while jerry sandusky talked to him about his life and how he ended up with the second mile and then he was assaulted. so i m going to speak live with sara ganim in a few minutes. his preliminary hearing is
i m erin burnett outfront tonight, chaos in cairo. three american college students are detained. one of their mothers comes out front tonight. we re going to talk to her in a few minutes. but first, we want to show you what it looks like right now in tahrir square. that is a live picture and it s relatively calm, it s 2:00 a.m. local time. the image is in stark contrast, though, what we saw throughout the day and into the evening tonight. rocks and tear gas flew through the air. riot police clashing with protesters who want the nation s military rulers to step down immediately. officials say 35 people are dead. 3,000 injured after five days of protests. now, tahrir square is the same spot where egyptian protesters forced the removal of their long time leader hosni mubarak back in february. i was there during those protests, they were mostly peaceful, it was a rather uplifting experience despite a couple of very bad episodes of violence. but very different than what we see rig
their employees some place else. you know what? from my perspective, i think it would be absurd to spend $700 billion that we don t have to get tax cuts to the wealthy. that s absurd. we ought to put that money to putting a million and a half construction workers back to work. that will promote the economy. construction workers back to work. rather than give it to the rich. the rich create jobs. don t demonize the wealthy and don t punish success. it is the people that you re talking about who create jobs. let s not forget that. given this debate happening right now, this is precisely why the federal reserve this week came out and announced a $600 billion program to help stimulate the u.s. economy. nothing is happening on the fiscal side so they re making sure it s going to come put some more toner in and make more money. great debate. and it s going to be thanks. when the president comes back from his 10 day trip. president bush is opening up about his eight years