invigorating clean rinse. clean, protect and invigorate your way to better dental check-ups. [ laughter ] right now some new information on stories we re watching across the u.s. and around the world from inside our control room. new zealand struggling to contain a growing oil spill off its coast. a 775-foot tanker hitting a reef there yesterday. the ship was hauling 17,000 tons of crude oil. officials say some wildlife has been killed already. prince harry heads to california. the prince attending a u.s. training program for british helicopter crews near san diego. the u.s. officials say the prince will be treated like any other junior officer. bad news for friendly s. the restaurant chain that is pretty big in the northeast filing for bankruptcy protection. the company will close dozens of locations and eventually plans to sell the business. jenna: we have a surprising
center of university of virginia. you say cain nomination would be aberration of historic proportions. it would be aberration. just because something hasn t happened before doesn t mean it won t happen in the future. look, herman cain has never been elected to public office. historically presidents who have never been elected to public office have only been generals, generals of the army like dwight eisenhower or even george washington, if you don t count his election to the virginia house of burgesses. probably the best parallel with herman cain is wendell will can i, the republican nomination for president in 1940. ran against franklin roosevelt s in roosevelt s successful attempt to win a third team. it is tough to convince people that your initial office should be the office of president unless you ve been a successful war-time leader. jenna: do you think what is happening right now in our
levels that are, you know, as low as we ve ever seen. jenna: and low rates sometimes encourage people to get into the market because you can borrow money cheaply. what do you think this low mortgage rate really means for the housing recovery overall? regrettably, jenna, i don t think it means a lot. if we look at the last couple of years, what s very clear is that mortgage rates have been if not at their historic lows, they ve certainly been in the range of their historic lows. but credit standards remain tight which on one hand means that although the financing is very affordable, if you can qualify for the mortgage to actually be able to meet the qualification criteria can be difficult, particularly for younger households which are a dreier driver of new demand, making the transition from renting o ownership. the other thing i think we see is while very low mortgage rates may help people who are well positioned in terms of the stability of their income stream, in terms of the secur
discovery from nasa to tell you about. a discovery rick, something called the super earth. is that right? i will explain what that is. i had to look it up myself. three new plan etc. actually. i think that is pretty cool. nasa s kepler spacecraft launched in 2009 for the sole purpose of discovering either-like planets near what they call the habitable zone. that is exactly what it has done. a team researchers using a spacecraft to find a so-called super earth and two other neptune-sized plan etc.. the term super earth, let me explain what that means. it refers only to the mass of the planet. it does not imply the surface conditions or inhabitability of that planet. researchers were not sure it was a actual planet. running through list of 700 other possibilities they arrived at conclusion, yes this is a planet. the spacecraft continues its mission, jenna which is
taxes ever in the middle of a recession or in a downturn in an economy. so he spent the first time, first part of this news conference saying how the country has stalled, the economy has stalled, and it risks going backwards into a double dip recession, essentially, if this jobs bill isn t passed. and then endorsed the method to pay for it which is the 5.6% surtax on millionaires. jon: bret baier, the anchor of special report. we ll see you tonight, 6 p.m. eastern. i m sure the news conference gives you plenty of fodder to talk about with the panel. thanks. jenna: fox news alert out in california where police have shot and killed the gunman suspect inside those shootings in sunnyvail that we were reporting on yesterday. we re going to have the latest from california right after a quick break. being your average brs. we know how to tighten our purse strings.