this new number, 389, that s the real number to watch here, that signifies a weak economy. bill often times that revised number gets buried in the headlines because we lose sight of it as the weeks go by. what is ben bernanke going to do about this. the question is will pw pb bail barack obama. we ll find out. in 58 minutes, 10:00 eastern time this morning, we will find out what ben bernanke is going to do, if anything, to stimulate the economy. president obama is going to have a hard time getting any stimulus plan through congress, but ben bernanke can print money to stimulate the economy. will he? we don t know. but we ll find out at 10:00 eastern. bill: let s put a fine point on that with regard to another stimulus because everybody is writing about it in the past week. it will not pass the house, right, so the only way to get a federal stimulus is to go through the fed. yes. bill: what are the options there? lower interest rates? printing more money? or both? well,
i m bill hemmer live in america s newsroom and martha is working dater. jamie: don t think she s not working folks! i m jamie colby. it worked out bill, nice to see you, good morning everyone. all this as we saw this spike on wall street. huge yesterday. talks of bailouts abroad and brand new stimulus dollars back home, that could be hitting taxpayers. federal chairman ben bernanke is set to hit capitol hill, and will definitely be asked about that. bill: let s ask stuart varney about all that, anchor of varney & company. two topics, what is the deal io on jobs? one more time, it is the revised numbers which are more important. two weeks ago, the number of new jobless claims, 383,000. they revised that, 38 # thousand. that is the actual number. and that s perilously close to the 400,000 number which is real bad news for the economy. i believe bill that 65 of the last 66 weekly reports have been revised upward. this new number, 389, that s the real number to watch here,