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Us from the new york stock exchange. how have the markets been reacting? from well, not very well at all, randi. frankly, the one thing that the market that it just can t tolerate is any kind of uncertainty. as you well know we ve had just that in washington about all of these budget discussions that haven t really come to any kind of resolution. the markets tanked at the open and have pretty much settled at around a loss of 1.66% across the board, whether the nasdaq, s&p or dow. that lowering of the outlook on the u.s. credit rating to negative is a concern for the marketplace. basically it is a wake-up call to washington to get things in line. the thing that s important to remember is that the u.s. credit rating is as high as it can get. nothing s actually changed but the s&p is certainly looking down the road and worried that congress is not going to be able to fix the budget until 2013 or even during the election. this is what s&p is saying account more than two years after the b ....
Brings us here to harvard university. this school got 9.3 million dollars in stimulus money to build flying robotic bees which they hope will one day help monitor traffic and pollenate crops. we were in the community today and this town was buzzing. probably isn t going to stimulate the economy in the short term. which is what the stimulus package was supposed to do. i don t think harvard is doing anything wrong or improper. i work with this organization a lot and they do a lot of great research. it seems like a project like that while admirable, could contribute in some way in the future would be best put on hold for a while. reporter: did this 9.3 million dollar project create any jobs? according to recovery.gov s website it created 1.66 jobs. harvard did give us a statement: the three percent of stimulus ....
Brings us here to harvard university. this school got 9.3 million dollars in stimulus money to build flying robotic bees which they hope will one day help monitor traffic and pollenate crops. we were in the community today and this town was buzzing. probably isn t going to stimulate the economy in the short term. which is what the stimulus package was supposed to do. i don t think harvard is doing anything wrong or improper. i work with this organization a lot and they do a lot of great research. it seems like a project like that while admirable, could contribute in some way in the future would be best put on hold for a while. reporter: did this 9.3 million dollar project create any jobs? according to recovery.gov s website it created 1.66 jobs. harvard did give us a statement: the three percent of stimulus ....
Brings us here to harvard university. this school got 9.3 million dollars in stimulus money to build flying robotic bees which they hope will one day help monitor traffic and pollenate crops. we were in the community today and this town was buzzing. probably isn t going to stimulate the economy in the short term. which is what the stimulus package was supposed to do. i don t think harvard is doing anything wrong or improper. i work with this organization a lot and they do a lot of great research. it seems like a project like that while admirable, could contribute in some way in the future would be best put on hold for a while. reporter: did this 9.3 million dollar project create any jobs? according to recovery.gov s website it created 1.66 jobs. harvard did give us a statement: the three percent of stimulus ....
University. this school got 9.3 million dollars in stimulus money to build flying robotic bees which they hope will one day help monitor traffic and pollenate crops. we were in the community today and this town was buzzing. probably isn t going to stimulate the economy in the short term. which is what the stimulus package was supposed to do. i don t think harvard is doing anything wrong or improper. i work with this organization a lot and they do a lot of great research. it seems like a project like that while admirable, could contribute in some way in the future would be best put on hold for a while. reporter: did this 9.3 million dollar project create any jobs? according to recovery.gov s website it created 1.66 jobs. harvard did give us a statement: the three percent of stimulus funding provided for research ....