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System to do what needs to be done to maintain bailout support. that s the point here. the question is, the european bailout masters, are they going to say we re going to take a hard line and let cyprus be the fist first to exits? at home, the fed moves, i guess as expected. very much at expected, maintaining their policy of buying $85 billion worth of assets, downgrading the outlook a little bit. not too much. it s been a apparent pattern. they re leery it will fall off, especially because of the quest transportation and government sequestration and the government being a headwind. that appears it s going to be a headwind, then the government by crisis continues. it s a wonderful new world we live in. government by crisis next is the government shutdown fight. it looks like it. all of a sudden it s become low ....
on cnn. good monday morning to you, everyone. it s good to have you with us, welcome to early start. i m ashley banfield. we re bringing you the news from a to z. big developments in greece that are sure to have a ripple effect. winning yesterday s parliamentary election in a vote seen by many as an endorsement for the survival of the euro. i will make sure that the sacrifices of the greek people will bring the country back to prosperity. so now it s up to samaras to form a coalition government to quickly keep greece afloat. something that other euro nations are hopes that we can do. christine romans is monitoring markets. as we started, we said, ah, good news here. features have turned lower. and i saw this described as a stay of execution for greece. others have called it the status quo. what is the status quo? relying on other monies from other countries to stay afloat, to basically not go broke and it still has an awful lot of work to do here. but vote ....
Big bailout like greece. rumors are swirling that the italian president berlusconi is resigning. he denied that. u.s. officials watching all of this very closely hoping the debt crisis does not spread to other countries in europe. and then to here. the european union is the largest market for u.s. goods and services, accounting for a third of the total sales of the s ann p companies. it s 20% of total u.s. experts which supports 2 million american jobs. there is trillions of dollars in transatlantic lending and financial insurance between european and financial firms and u.s. taxpayers are already back billions of dollars of bailout support through struggling companies in europe through the ....
While we re talking about billions of dollars, the u.s. treasury department has just announced that a plan is in place to allow repayment of the bailout support given to the insurance giant aig. $47 billion, we are told, is being repaid to the new york federal reserve by that troubled company. good news for taxpayers, apparently, good news for the treasury department. neil cavuto will certainly have more information on that today, your world , 4:00 p.m. eastern time. jenna: well, jon, it s time for the hot seat, where some of the biggest names answer questions from you on the hottest topics of the week, today s guest in the hot seat is a familiar one, governor mike huckabee, host of the number one-rated hit huckabee weekend at 8:00 p.m. eastern time. we re going to start with the economy, and we have a lot of questions about the debt ceiling. bonnie and michelle were writing in about how you would advise congress to ....