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And bank of america and citigroup, and sticks have been lunging. in the dow jones industrial average the worst peoplers d performers included alcoa and disney. and finishing up with gold, it was not a good week for precious metals and investors cashing in, turning in their gold purchases, and taking the cash to cover losses in other areas, such as the stock market. and, geld, at what point was was down 100 finishing down 10 percent for the week losing $200 and now we look at gold several hundred dollars off of the recent highs that we saw several weeks ago, the worst week for gold prices since 1987. what a week. neil: european leaders trying to calm the markets over ....
If the numbers continue we could get into record territory. are people just putting cash in shoeboxes? john: today there was bad news from china. the third engine we count on, europe being the second, and the united states the first, the united states and europe are in a slump and an argument whether we are in a recession. that is unclear. the fed, yesterday, saying this is a substantial concern, down side risk for the united states. very strong language on the fed s part. asia comes in with weak numbers sending anyone to the side lines and what happens to the market showing us, everything is coming out of anything that is a risk and equities and geld, gold, and people want to preserve capital. shepard: a number of the candidates can make a claim of the best handle on fixing the economy, but whose position is best if your estimation? guest: the republicans probably positioned best in general because this is now the ....
taxed a ridiculous proportion. sean: everybody is. we are not going to solve our problems with either party s ideas. you are not going to do it with just spending cuts. [ talking over each other ] the average person has to live within their means. [ talking over each other ] sean: the mack-penny plan balance the budget in eight years. freeze at 2011 levels cut 1% a year for six years. i go back to what he said earlier. like in the 70s, 80s, and 90s, we were taxed at 27% overall. now it is 23. it is not that bad. sean: it is not 23%. it is 36% for most people if you add state taxes in new york, county taxes and property taxes and sales taxes and if you die taxes and the geld in your teeth taxes. ....
taxed a ridiculous proportion. sean: everybody is. we are not going to solve our problems with either party s ideas. you are not going to do it with just spending cuts. [ talking over each other ] the average person has to live within their means. [ talking over each other ] sean: the mack-penny plan balance the budget in eight years. freeze at 2011 levels cut 1% a year for six years. i go back to what he said earlier. like in the 70s, 80s, and 90s, we were taxed at 27% overall. now it is 23. it is not that bad. sean: it is not 23%. it is 36% for most people if you add state taxes in new york, county taxes and property taxes and sales taxes and if you die taxes and the geld in your teeth taxes. ....
Fire. the police chief calling the fire arson and the deaths homicides. concern over washington s debt crisis pushing geld to record highs. the price went up $12 closing at more than $1600 per ounce. growing doubts that the debt ceiling debate can be resolve before the august 2nd deadline. i m ainsley earhardt, back to greta. greta: what is going on inside the republican party? president obama and the republicans are battling it out over the debt ceiling. that is party to party. former senator santorum sees the problem with his own party. the republican senator is accusing mcconnell of punting to president obama. what does he mean? joining us former senator rick ....