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Welcome back. a whole new way to look our financial mess, the ecomy as a reality show. all show, no substance. the president having frank, unscripted, casual conversations over lemonade with a real family outside the beltway. kind of like a scene from the real housewives of fairfax county, if you will. the president trying to feel their pain. but what about the anger and frustration and his and other politicians failure to address the real problem? after all, most americans feeling more like this about being out of work. oh, that s funny don t get in my face. do not break up my family! do not break up my family! oh, none of that kind of drama toy. then again, no talk of actual solutions to the problems that plague our country. just more band-aids for the ....
Really talking about is this capital gains tax cut for businesses. bush did something very, very similar, which is an accelerated depreciati depreciation. right now, we have trillions ofi dollars in cash on corporate america s books. the president said if youspend that, we ll let you write it off in year one. no one s really talking about that. a pleasure. thank you so much. reed, thank you as well. up next, here, something worse than economy class on an airplane. you didn t think it was possible. it is, indeed. the cattle class is coming soon to an airplane near you. may be the next step for traveling our unfriendly skies. yellowbook has always been crucial to your business, ....
i ve been getting the feeling since this recovery has been taking place, that a lot of the anger out there isn t aboutst t stimulus or the economy, but it s this residual anger about the bank bailouts and t.a.r.p. tod today, we came out with three rules that really n t constrain the banks from doing anything stupid again in the future. there s a lot of diffused anger that is unfocused. instead of coming on, we don t like this issue what would the president do instead, but in addition to going out and talking to people. what should he be doing to relieve that anger? first, this is a guy who ran for office and was a great communicator and then sort ofdi disappeared after he got elected. there should have been the discussion of here s what s in ....
That accomplishment ofim the stimuluses. here s the jobs we would have lost. here s the most recent estimate of gdp. we saefed half a trillion dollars of gdp. i m not a fan unless it s anemic and weak and very unfocused, but it was better than nothing and yet the explanation of what it accomplished wasn t made by the ite house. at the end of the white house in the president s defense, no matterhat argument he made, if you just look at the last chitchat conversation i had with the gentleman about home ownership in saudi arabia where i can make every fact, every piece of data appear to be a lie or suspect, doesn t matter if anybody, can explain what s going on and you just call him a conservative, a liberal, a liar, then continue to do what you were doing before. the one thing that really matters is a data point that ....
Gabriele. a pleasu to make the acquaintance. to what do you attribute the u.s. s unwillingness? this is really concerning. so concerning that the president is not listening to the warning signs with saudi arabia. this is the country that funded osama bin laden. this is the country that exports two things. terrorism and oil, actually, three things. i believe this is a very dangerous move. it is unprecedented. we have been giving weapons to the saudis for the last five decades. this is the last we take this step in giving them such sophisticated equipment. and he s working on a book about saudi arabia s future and what it means for the united states to demonize them or the culture. ....