More own a gun. Was it could . To like this . That is our show tonight. [applause] and now john stossel. John food can kill. People will eat the wrong stuff may get sick. Its while most everyone says we need government to set some limits. Make sure there is not bacteria in your food or dangerous chemicals. To make sure Food Companies tell you what is in their food and how fattening it is. State legislator felix ortiz has done that in new york city. He got trans fat man, calorie counts posted at mcdonalds and othe fastfood places. Now he wants a ban on adding too much salt. So you think he saved lives . Absolutely. John okay. A farmer. He grows vegetables dollar raises cows, chickens, and pigs. I assume you want the people who buy your beef and pork to be safe. So dont we owe him a vote of thanks for saving this . No. I would say youre killing me out here. Trying to get my stuff to market. This plethora of government regulations, you know, is killing our farm and our ability to come to
Of november. Sandy did not have that much of an impact on the numbers. Unemployment fell to the lowest level in nearly three years to 7. 7 . More people stopped looking for work, all together. Consumer sentiment, not as strong heading into the holidays. Preliminary index actually fell in december. Economists had to look for a slight increase. Investors continue to get out of apple. The tech giant having its worst week since they of 2010. Apple is in they are barking territory. Shortly after the iphone5 came out, part of it in the near profit. Lets get to the floor show. Bobby, i want to start with this jobs number today. The Labor Department says no affect on sandy. There was some data that pointed to the fact that people were leaving the workforce because of sandy. The numbers speak for themselves. I do not think the full effects can be known until maybe a couple of weeks. There certainly are people that cannot go to work and have been laid off because businesses are out. There are al
Wolverines state set a stage today. Item one, four hours from now, president obama visits a suburb of detroit. In that near bankrupt city asks for a bailout. Will the president oblige. Organizationed labor health. The right to work legislation. The unions hate it. Will the president step in . Detroit voted for him, the unions, mr. Obama is there, what is he going to do . China is here buying part of the bailed out aig, buying 123 Battery Company and buying american mansions. Thats what happens when china has the money and weve spent all of ours. Or losing money can pop up anytime. Thats why she trades with the leader in mobile trading. So shes always ready to take action, no matter how wily. Or weird. Or wonderfully the markets behaving. Which isnt rocket science. It just common sense. From ameritrade. I heard you guys can ship ground for less than the ups store. Thats right. Ive learned the only way to get a holid deal is to camp out. You know weve been open all night. Is this a trick
Continuing with his purchases of about 40 billion, also 45 billion treasuries. These guys certainly have not forgotten, benefiting from it. Liz probably not a good sign for global change. Plunging more than 8 earlier today. That is the biggest drop since 2008. This is the index giving investors inside the Global Supply and demand trends by measuring changes in the cost to transport things like raw material. Often considered a leading indicator of future growth. David while gold could not get the pop a lot thought it would, look at oil, up over 1 . It was a little higher, ending off of session highs, but they were encouraged by the fact not only was ben bernanke going to be printing more money but also the china seems to be gaining little bit of steam. Good day for oil traders. Liz purchasing 85 billion in bonds per month saying it will keep rates low until we see the implement rate fall below 6. 5 . That is historic, folks. And then said probably mid2015, which is what they have said a
What has gone wrong . The bureaucracy. Like they are up against job of the hut the unions and the paper pushers. Destroy the system. Bring on the creative destruction. Who would disagree . And reformers who thinks city schools are terrible because of union. The test scores is not what we choose to focus on the. I know my kids are learning when i look in their eyes. Give me a break. Over my dead body. A few years it unions are mad because the chargers can fire the bad teachers. What is wrong with that . This actor says teachers need tenure. Why have it . Most physicians do not. But now there is good news some schools where teachers can be fired kids learn. Give us over schools and the rare in america we will outperform the other schools in five years. How good our Charter Schools . Unions say they are four problem kids. Up until now the adults have run the show and make us stupid in america. School spending has tripled over the past 40 years. Three sped much more than other countries bu