Transcripts For CSPAN Washington Journal 20130916 : comparem

Transcripts For CSPAN Washington Journal 20130916

Policies brought stability to the economy five years after the financial crisis and progress is being me. We will stick to this economy this morning and get your Economic Situation five years after the collapse of Lehman Brothers and the subsequent market crash. What is the economy like for you . You can send us a tweet or post your comments on facebook and you can also email us. We will begin with Financial Times this morning and their story. They say this is the Washington Times this morning. Host president obama was interviewed on George Stephanopoulos show this week and he was asked about the situation five years after the financial crisis. Here is what he had to say. [video clip] thing lets think about what we were. The economy was on the verge of a great depression. In some respects, the Economic Data and the collapse of the economy was worse than what happened in the 1930s. In, stabilize the situation. We have now had 42 straight months of growth. Seven and a half million new jobs created. 500,000 jobs in manufacturing. Jobs in an Auto Industry that had completely collapsed. The Banking System the works. It is giving loans to companies who cant get credit. So, we have seen undoubtably progress across the board. The Housing Market has recovered. But what is also true is, we are not near where we need to be. And part of it has to do with a whole bunch of longterm trends in the economy. Host president obama on abcs this week was quote saying his policies have provided stability. I am wondering for all of you, what is your Economic Situation like five years after the crisis . Act to the Washington Times they write host jumping ahead in this story host that this morning about the president s interview on abc this week. I am curious, what is the economy like for you . Next to the story about the president interview in the Washington Times is one about how this meant tom price, republican of georgia who is leading an effort to defund and deal a the president Affordable Care act. Wiggle room on spending but not wiggle room on is whatbut not debt the story has to say. Host lancaster, ohio, republican. You are up first. What do you think . You are on the air. Caller how are you today . Host im doing well. What do you think . Caller i tell you what i think. I am a republican. And i am on disability. You know, i get by. I get by ok on the amount of money i get a month. You know why . I quit smoking cigarettes. Cigarettes will cost you about 300 a month. Want to smoke half of their disability pay, thats their problem. Here are someer, thoughts. There will be no Company Investment as long as obama stifles the economy. Our twitter conversation happening if you want to join us. Victor, democratic caller. Caller good morning. Have, a question and a statement. First, i will start with a statement. I have seen prices keep on increasing. Food prices. Saying nothing is increasing, it is hard to believe. Gas is increasing. Also our utilities as well as taxes. Property taxes and everything else. Im on disability as well. I am a disabled veteran. It is very difficult to live being disabled, and what i am concerned about is the fact that they talk about the elderly but they dont talk about the disabled. Host all right, victor. Jeffrey from texas. Republican caller. What is the economy like where you live . Caller i think the economy has improved significantly. I have to give kudos to obama for a lot of things he has done. He was probably dealt the worst hand of any modernday president. Consultant in my area, and services have started to increase demand the last few years specifically. Overall, he has done pretty well. Re are some things [inaudible] this is is the sermon. If you are starving come a you got to eat some if you are starving, you got to eat some food it now we have to address it. I think his policies averted a catastrophe. That is my comment. Host you are calling on the republican line. Republicans are saying any deal to continue funding the federal government passed a september 30 have to include a provision that would delay the president Affordable Care act for one year. He fund defund it you think it is a smart move . Do you like it . Yes, i do. I have a daughter with multiple sclerosis. Financially, im in the upper income bracket, i think theres some shared responsibility that we should have towards our fellow citizens. , i have Health Insurance on her privately. Her medicine is 1100 a month. While i can afford to pay it, there are many people who cant. The people who are looking come on. We have plenty of things we spend money on and i think if we are going to try something, lets have a better idea, which i have not seen anybody coming up with anything. Lets give it a shot and quit suit quit shooting it in the foot before it kicked in. Host from the Washington Times this morning, House Republican leadership have not decided how it will proceed. Raising the specter of a shutdown the differences are not resolved in the next few would. Here is what republican tom price of georgia had to say on Fox News Sunday yesterday. [video clip] now and theetween deadline. What we need is the house to act in the senate to act. This is the dynamic that ifold neil cavuto it is the only way, you are there. Are you still there . The president is talking about sending the government. The democrats in the house and senate are the individual talking about shutting the government. We want to fund the government and protect the American People from a destructive law and health care. I am a physician. The last thing the nation needs is this law that will destroy Quality Health care in this country. Of thee the president Teamsters Association saying it will destroy the 40 hour workweek. The aflcio saying it is not what was built. Look im a you need to change it wholeay it or repeal the thing. Evil across the political spectrum recognize that this law is not good for the American People people across the political spectrum recognize that this law is not good. Host House Republican tom price talking about republican efforts to delay the president Affordable Care act as part of a negotiating deal to keep the government running and funded past september 30, and then, of course, they also have to come to an agreement on raising the debt ceiling shortly after that. , in conversations as they return to washington this week. President obama today will be addressing the economy and the rose garden at around 11 40 eastern time. The wall street journal has this headline home sale frenzy uses. Higher prices and rising Mortgage Rates curb demand, blaming seller agreed as the called seller greed as the cause. Usa today says goodbye, easy money. Host the front page of usa today on that. As we told you at the time, as many of you know, Larry Summers withdrew his name from consideration at Federal Reserve chairman. Here is the boston globe. Opposition mounts over style and record. Boston globe reporting that on their front page this morning. Ourtesy of the newseum here are the remaining contenders for that post. Potential candidates to succeed ben bernanke at the fed. Janet yellen is the leading candidate, frontrunner. Donald kohn, timothy geithner, is reportedly not interested. And roger ferguson. The names on the faces president obama is considering to replace ben bernanke at the home of the Federal Reserve. The wall street journal reports this. Janet yellen who garnered substantial report from democrats in congress and among economists but the public lobbying on her behalf appears to have annoyed the president , say insiders, and may lead him to look elsewhere. It also says dark horse candidates and include stanley fischer, an american citizen who recently stepped down as governor of the bank of israel, and roger ferguson, another former fed vice chairman and now chief executive of the aggressor ff, a nonprofit pension company. Financial times has the story about Larry Summers on the front page. The lead story summers out of fed race. What do you think question Mark National one, New Hampshire. Bill, what is it like up there . What do you think . Nashua, New Hampshire . Caller it will be nice appear, for a change. The economy is stagnant. Which is not real surprising, considering we have not gotten we have not got much industry or anything to speak of. Basically what i am looking at is, they are going to make our economy and a whole lot worse in about two weeks if they dont get over this idea of democrats saying we are going to make it look like it is your fault, republicans, and a bunch of republican sitting back and saying, we are going to shoot ourselves and everyone else in the head. We hired them to do a job. We hired them to do one simple job. Manage the business of our government. And they are even going to blow that by going bankrupt. Host bill in nashua, New Hampshire. Five years after the crisis, what is the economy like for you . We want to hear your story. What is your employment like . What is your pocketbook like . We will keep taking your phone calls for this mornings washington journal, but lets give you some other news on syria and the middle east situation. The wall street journal frontpage has the story host that on the front page of the wall street journal about the situation there. Here is the guardian with this story about iran. Setting the stage for a possible meeting between the two and two men at the u one next week which would be the first face toface encounter between the u. S. And iranian leaders in the 1979 revolution. Host so, that reported in the. Uardian today on iran and then on syria, secretary of state john kerry continued his travels. He is in paris this money. M the Washington Post host reuters reporting earlier this morning that france and britain and the United States in these meetings in paris today have agreed on setting firmer date to the deal that the u. S. And russia brokered on saturday. This from cbs news if a person for the uns secretary General Council said sunday they that she received the former that formal instrument of instruction of the convention from syria on saturday and said syrias membership will enter into force on october 14, 2013. A member, they are not a member right now. Remember, they are not a member right now. Negotiations will now turn to ambassadors and they agreed to have a use of force trigger in the uns resolution but he will it does not have one, but he will seek one if syrian president Bashar Alassad does not follow through. Ermine ham, alabama. Hi, gilbert. What is the economy like for you . Caller let me thank cspan. To me right now, the economy is sort of so, as old people say. I have to bank College Educated children who have graduated the last five or seven years and they have not found viable employment i have two College Educated children. I find it baffling that there are people in washington that will not implement anything to try to rectify the problem we had years back about the crisis. I am really on edge. I have been keeping up on the starting with the usa today article and they had one it on the wall street journal frontpage about a young guy who could not find employment. I am very concerned about our young people not able to find employment. I think it is a slap on the face that we have the type of people in washington dc who are making policy and not implementing them to help young people. It is quite disheartening. Frank, from albany, germany georgia, that would be. Good morning. Caller my comments i come to wallabout the greed of the street and all of the other resources in this the United States. Pens is that the prices of food is going up, everything is going up. And our salaries are not moving anywhere. That all ofalarming these things go up, and we blame it on our president. Host what do you do for a living . I am retired. Host how do you know salaries have not gone up . Host how do i know . I have been on i have not living increase for years. Host for Social Security . Caller Social Security. A couple of years we did not get an increase. Not a said angel increase, but we got an increase but small. And it does not compare with what is happening in the country. You look at congress, and you talked about when they talk about health care, they have a very Wonderful Health care. They are not concerned about my health care. And my family. And for people. People. Host tony from santa rosa, california. Hi, tony. Good morning. Youre on the air. I just wanted to tell you i think our economy is in real bad shape. I am 67 years old. And i am scared about this Health Care Program that all the politicians are trying to put through. We have a lot of Unemployed People in california. We are taxed so high, it is unbelievable. In line with the rest of the country. But as far as all of this health care thing, we have a government passing laws that apply to the people and it does not apply to themselves. The constitution says there should be no laws passed that benefit congress that isnt equally the same for the American People. So, why do we even have the Health Care Reform that all of the congressman that we have hired to do the job for us are benefiting themselves . Host all right, tony. Ewer on twitter says this about the healthcare law host this also from twitter host and another tweet host on the domestic front this morning, here is the denver post with their front the flooding courtesy of the newseum. It said six people are presumed unaccounted3 are for. Destruction, about 19,000 homes damaged or destroyed. The reality is of a long, slow recover whe recover resettling in for the victims. President obama declared a National Emergency for denver and for three counties in that state. Detroit free press has this story on their cover. Anthrax vaccine makes a firms to double production in lansing, michigan. Host we are talking about the economy and what is your situation like five years after the financial crisis began. Betty and fort worth, texas. Democratic caller. Host good morning. I am calling about the economy. First, i would like to say that and i am ale democrat and i was born in the depression. And i know all about that, because i lived through it, and i want everybody to know that it aimed in five years. It took world war ii in the 1940s before we came out of the depression. So, those who are criticizing president obama because he has not cured everything in five years, i dont think thats fair. Host ok, betty. Bill says host and referencing outsourcing in china as part of our Economic Situation. Back to syria, and here is a story that was featured on. Com, and we have the editorinchief recently. A story translated from arabic with the headline syrias oil sector on verge of collapse. Host that is a story on almon itor. Com. The Washington Post front page has this then the Financial Times reporting this about the situation in syria, that the episode also highlighted weaknesses that could damage the s value to allies and longerterm prospects for survival. Without chemical weapons, syria is less of a threat to israel and thus less of an asset to its military ally and financial nature and iran. Although tehran publicly welcomed the agreement. It host that from Financial Times this morning. And then the Washington Times reporting on its front page, ability to seize all chemical weapons raises gop doubts, questioning the deal and whether we should trust russia. And john mccain and Lindsey Graham writing an opinion piece in usa today saying we cant imagine a worse signal to iran. Host so, those two senators writing in usa today. The New York Times frontpage is there is a brief respite for the president but no plan b. What to do if it falls through . Peter baker reporting on that. Writes anohn barasco the wall street journal about how the russians cant be saysed in syria and he there should be work being done. Prepare for it to fall flat and have a more effective alternative ready. Even in south jordan, utah, independent caller. What is the economy like . The economy here in utah doesnt seem to be too bad, but for me, i am retired and i am on Social Security and it is not getting any better, the economy. There are principles that apply to increase the social, spiritual, and economic well being in individuals, communities, and nations, and they were given to moses called the 10 commandments. This country has turned them into the 10 inconvenient truths. We talk about syria but no one is talking about the over 1500 u. S. Citizens killed each day because of abortio

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