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listen, chuck. you got that fact straight. you know i was going to favor can be on this morning. always for my ratings. next time we will discuss my net worth and what brand image is worth. we can talk about that. put it in book form. absolutely. ron insana, always a pleasure. we are following newt gingrich s financials, but in 1829, 20,000 people followed president andrew at the white house. the first correct answer will get a follow tuesday from us. we ll be right back. ....
indicators, monitor them. there s an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. if you think back to 2008, when we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. and all they saw was positive gdp. once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. correct. when you see gdp positive or jobs numbers positive, you say there isn t a recession and you get pushback. time will tell. harvard professor ken rogooff is chief economist for international monetary fund. you ve been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official start of this recession. it started in december of 2007. we re certainly three years into the worst of it. where do you think this ends? well, i think we may ....
this is based on the forward looking indicators of the business cycle. that s all we do is watch those indicators, monitor them. there s an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. when you think back to 2008, while we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. correct. when you see gdp positive or jobs numbers positive, you say there isn t a recession and you get pushback. time will tell. harvard professor, chief economist for international monetary fund. you ve been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official start of this recession. it started in december of 2007. we re certainly three years into the worst of ....
Today, hitting a new record of 1,829. up about 30 bucks right now as people put on the safety trade. really another very tumultuous day in the markets here. we still have time before the close. we re looking at the dow right now. down about 3.7%. nasdaq down almost 5% on the day. oil falling as well. about 6%. back to you. melissa, thank you. with the uprising in government crackdown in syria, now claiming almost 2,000 lives including at least 18 people just yesterday, president obama has issued a long-awaited call for syrian president bashar assad to step down. president obama said assad has been imprisoning, slaughtering and torturing his own people. secretary of state hillary clinton has this to say earlier. the people of syria deserve a government that respects their dignity, protects their rights and lives up to their aspirations. assad is standing in their way. ....
And good evening to you. the public perception is we are on a five to six week vacation. we passed seven appropriations bills out of 12 in the house of representatives but the senate has not taken action. by the time we would come back would be 7th september, a new fiscal year. what you are going to hear is continuing resolution and omnibus. we are looking at a senate that has not passed a budget in 829 days am i think we need to go back up as the house of representatives to continue to do the worker with supposed to do and completing the appropriations bills. in the military, we had a saying, that you train and you perform to the mission and not to a time. i think that s what we need here. we ve got to get the commission accomplished. greta: your your complaint be in light of the fact the house has passed all these bills and they are dead on arrival in the senate, should your call be to call the senate to get back and ....