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family savings and investment. alison kosik joining me again from new york. not good news. this is a pretty stunning number. what s being pegged as the main culprit of all this, i guess? you know what the biggest reason is, kate? your home. home values just tumbled. your home is considered your biggest asset. also, there s massive layoffs that happened throughout the past several years. they took away income. then, of course, you pile on all those unrealized capital gains, k declining value of mutual funds, retirement accounts. that fell more than 10% in the 3 years. that was a result of the recession. you know what, this happened to everybody. whether they were young, old, educated, not educated. in all parts of the country. it is getting a little better since 2010. housing values are coming back. but still any way you cut it a typical american family is poorer today than before the recession. i m sure that s not a surprise to many american families to hear that. w ....
one person has been killed. officials say things are looking better than they thought, though. but at this point, the fire has not been contained. and florida and the federal government are suing each other over an effort to purge the state s voting rolls of ineligible voters. the justice department says purge violates federal voting rights laws. now governor rick scott says florida is suing the government. he says the state needs access to a database that will help identify people who should be removed from the voting rolls. the homeland security has been stone walling to give us a database we re entitled to. we ve been asking for months. it will give us, make sure we do it the right way and so we were put in a position where we had no choice but to sue homeland security to get that database to make sure that your right as a citizen is not diluted by somebody that s a non-u.s. citizen illegally voting in our state. as you hear right there, governor scott says thi ....
sandusky. dozens of penn state students rally outside coach paterno s home late last night helping to save his job. on friday, the penn state board of trustees is going to set up a special committee to investigate sandusky. prosecutors say he molested eight boys. paterno is not accused of anything illegal. but he went to university officials, not to the police in 2002 when a witness told hill he saw sandusky sod miomize him ine showers. early trading right now, down 251 points. new worries that italy may next be in line for a bail out are driving the stocks down. now, italian prime minister, he is expected to resign. he s also raising some concerns about the country s future. also weighing on the markets, the greek debt. now greece s prime minister says he s going to resign shortly as well. now, that suggests that george popendreau has reached a decision on the new government. well, he has been locked in negotiations for days to ensure that greece s new leaders back ....
presidential debate. but it s possible he could soon face an even tougher crowd. all of his accusers at a single news conference. that s the idea actually being pitched by karen kraushaar one woman who accused him of sexual harassment in the 1990s. she said she is ready to go before the camera with women with similar stories. joe johns, that is video from a number of years ago where we were seeing kraushaar. we have no new video of her at this point. herman cain was on late-night tv laughing, brushing off all these accusations and yesterday, joe, it was all business. what do you think, is this a sign of how serious this scandal has become in. yeah, kyra, you get the feeling someone here is operating in a parallel universe. whether herman cain or his accusers. cain issued a blanket denial of all allegations of inappropriate behavior with anyone. i can categorically say i have never acted inappropriately with anyone period. so, it will be up to him to defend that stat ....
republican rivals in a presidential debate. but it s possible he could soon face an even tougher crowd. all of his accusers at a single news conference. that s the idea actually being pitched by karen kraushaar one woman who accused him of sexual harassment in the 1990s. she said she is ready to go before the camera with women with similar stories. joe johns, that is video from a number of years ago where we were seeing kraushaar. we have no new video of her at this point. herman cain was on late-night tv laughing, brushing off all these accusations and yesterday, joe, it was all business. what do you think, is this a sign of how serious this scandal has become in. yeah, kyra, you get the feeling someone here is operating in a parallel universe. whether herman cain or his accusers. cain issued a blanket denial of all allegations of inappropriate behavior with anyone. i can categorically say i have never acted inappropriately with anyone period. so, it will be up to ....