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Not enough, many of america s young people are facing another burden. their names. what s in a name? in what s being called the sarah palin effect, it was cently revealed that the names of her three daughters have become popular baby names. others on the rise, bentley and fortune. as inç i have a fortune and i spent it on a bentley. one could say the name someone gives their kids is worth a million, telling you a lot about that person s values and priorities. in edition to bentley, it is also the name of a child featured on mtv s teen mom because who wouldn t want to pick up parenting tips from a show called teen mom. it may sound like a laughing matter, but the name someone has to go through life with is serious business. considering a 2003 study that ....
Where the spread between the uber rich and poor was so wide, it was probably unsustainable. it was record levels and that s how economies start to falter. and that had to contract. it has. and it has. but by raising taxes on the rich, that concept of increasing tax revenues in the end it really doesn t work. it sounds great and it makes a plausible argument, but in the end, it doesn t work out. rick: david, i want to ask you real quickly before we wrap up, take out your crystal ball and if you were to look ahead christmas 2011, a year from now, what are we going to be looking at here? i think we ll be looking at something better. i got to tell you, my crystal ball is not that clear. it s pretty fuzzy. to look out that far is very, very difficult. the smartest of us out there, bernanke can t do this. it s just not there. we can see a few months at a time. that s the best we can do right now. rick: so let s take us into ....
Welcome back to the town square today. we need a vacation from summer. it has come to this. pool floats and beach blankets replaced by crackberries and conference calls and pinstripe suited. i would like to know personally, a i long with many others on my staff, i might add. what the heck has happened to the lazy days of summer? tony schwarts, author of the way we work isn t working. my staff agrees with him, and they haven t read his book. is this just a cheap cop out by some guy who doesn tç want to work all the time? get over it. we re not on the farm. i don t need the kids to work on the farm. this is nonsense. shutup and go to work. no, we re not designed to be ....
Existing home sales plummeting 5% in june. that s with the federal tax credits that the obama administration promised would provide a big boost. even mr. bernanke can t ignore the facts forever. the economic outlook remains unusually uncertain. 234 all likelihood a significant amount of time will be required to restore the nearly 8.5 million jobs lost over 2008 and 2009. but as we ve seen with the banks and even with the wars, printing more money isn t the solution to this country s problems. even if they are friends with the government. if we solve the housing crisis like we try to solve ourç jobs health care and megabanking problems. the only question struggling homeowners need to ask is when, not if, they should just walk away from the mortgages. in just a minute we ll talk with someone who helps homeowners do just that. but before we get to that rather drastic measure. let s find out what josh rozner ....
Fiscal stimulus. to lower interest rates to get lending going, in a sense , he the last man standing. if you were to look at bernanke as sort of the orgin of money, he s saying, let s lend, invest, hire, let s go. you look at the banking system like the electrical wires. they re the power system from goes from the federal reserve to the economy. it s as if the powerlines are sucking all the money off. there is some of that, but bernanke can t force the banks to lend. he can encourage them to lend. he can t force them to lend. having said that, when you look at what happened last week, the news that came out last week about the incredible extent to which the fed took risk, enormous risk, to keep these ....