jesse: hello, everybody. jesse watters along with judge jeanine pirro, jessica tarlov, dana perino, and greg gutfeld. it s 5:00 in new york city and this is the five. it s the greatest economic system the world has ever seen: capitalism has lifted billions of people out of poverty, allowing us all to enjoy a better and more prosperous living standard than our grandparents. well, not under joe biden. but a woke san francisco democrat is now blaming capitalism for the homelessness crisis that is ravaging his city. dean preston represents the disastrous tenderloin district, a cesspool of open air drug markets, retail theft, and homeless encampments and report of the accounts for around half of the city s homeless population. he seems to think all of this dk is because of our free markets. i think what you are seeing in the tenderloin is absolutely the result of capitalism and what happens in capitalism to the people at the bottom rung, the biggest driver of why folks a
us, the presentations that will happen at cpac, nice to have you joining us. first and foremost this is the all star event, rick santorum will make a presentation, mitt romney will make a presentation, newt gingrich will be here making presentation, michele bachmann, sarah palin will wrap-up the entire night. what does it tell you about sort of the role of conservatives in this year s election? well, obviously, this has become an election that in my opinion will be decided by turnout, and whoever gets their base more passionately involved and out there to vote will win this election. the country divided 50-50 now, in terms of philosophical terms, conservatives are the base of the movement and the right, and progressives are the base of the other side and whoever thinks it s more at stake will get more enthusiastic will allow that candidate to win the election. when you look at statistics on turnout, ron and i talked about this yesterday, doesn t that bode badly for you, t
hey, kiera. good morning, guys. great to see you. here s some of the stories that have us talking this morning. nervous investors awaiting this hour s opening bell on wall street. the doll plunged 266 points yesterday for its eighth consecutive loss. trial under way for former egyptian president hosni mubarak. the ailing hue mark could face execution if convicted in the deaths of anti-government protesters. florida watching tropical storm emily as it approaches the northern caribbean. warnings up in haiti and the dominican republic. captions by vitac www.vitac.com well, the debt deal is signed but the damage is done. our nation s reputation is tarnished, and we re all likely to pay one way or another. alison kosik is looking at the cost to your retirement. george showing how college students will take a hit. ali velshi showing the new damage and how jobs are thrown into limbo. ali, let s start with you. the markets are about to open and there s mixed reviews on th