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Transcripts For CNNW Your Money 20120721



politics in washington could push america over a fiscal cliff and quite possibly into a recession if congress doesn t act. economists now say that the so-called fiscal cliff has now overtaken europe as the biggest threat to the u.s. economy. in other words, our homegrown storm has a bigger chance of causing a hurricane here than the actual hurricane that s blowing our way from europe. now i ve been bee rat berating on this show to head off a series of tax increases and spending cuts mandated to take effect on january 1st. congress couldn t come up with a better deal to raise the nation s debt limit last year. i am not alone in my calls. the federal reserve chairman and the international monetary fund are warning congress to act before it s too late. if you get hit by another recession, you ll join me in pointing my finger directly at the political partisanship that is poisoned your path to economic stability and prosperity. now if i were a politician, i would not want t ....

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Transcripts For CNNW CNN Newsroom 20120716



long legs. i want to bring in our national political economist. we have seen this getting pretty ugly. does this resonate with voters when they hear the back and forth? i don t know. i talked to a few voters out there on the campaign trail. every one of them will tell you they hate this stuff. then every expert will say this works. there s a reason why the campaigns are going back and forth and there s a reason why the obama campaign has been ataa attacking mitt romney and his tax returns. they believe they are working. the president defended attacks. he says mr. romney has called himself mr. fix it, so the president says governor romney s business experience is going to be front and center at this stage of the campaign. talking to the romney campaign, they feel like this is an opening for them to go negative on the president. i think that s the next stage of this campaign. you ll hear more of that. i presume they will go after the economy. you saw rob portman, ....

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Transcripts For CNNW Your Money 20120714



[ chirp ] [ male announcer ] upgrade to the new done. with access to the fastest push-to-talk and three times the coverage. now when you buy one kyocera duracore rugged phone, for $49.99, you ll get four free. visit a sprint store, or call 855-878-4biz. [ chirp ] that economic storm is cloetser to the shores every day. you can call me nuts. you can call me chicken little but the political battle over extending the bush tax cuts is blowing the storm bands over our head. you don t need me to tell you that our economy is on the brink of weakening again. you feel it every day. the latest cnn orc poll shows just 27% of you say the economy is in good shape. 73% feel that the conditions are pretty poor. while rays of hope peek through the clouds from time to time, the u.s. economy is fragile right now. families are facing long-term unemployment. there are foreclosures, higher student loan payments, higher medical costs, so the notion that you may have to pay higher taxes b ....

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Transcripts For CNNW Anderson Cooper 360 20120710



reporter: it was the cruise of a lifetime. a family spending new years rounding the volcanic wide island off new zealand s coast. january 1, 2010. this girl, then 15, decided to spend the morning alone in her cabin. and the trip of a lifetime turned to terror as her locked door to cabin 3073 suddenly clicked. i didn t hear the card key go in but i did hear like the door open and like the lock like and i thought it was my brother or sister at first. and then when i saw the guy come in, i didn t recognize the bartender uniform. it was someone working on the ship so i thought it was a room attendant that was going to clean my room because i didn t put the sign like, oh, don t disturb or whatever. reporter: it wasn t a attendant. it was a crew member. threatening the girl not to say a word as he forced the teen to perform oral sex. at her family s request, we are not showing her face. you were 15. yeah. reporter: scared. you didn t tell you family. no. i at th ....

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Transcripts For CNNW CNN Newsroom 20120709



wolf blitzer, let me start with you. this is something that a lot of critics have said is a subject changer because we had real bad jobs news on friday and that just it riveted people throughout the weekend. is this an effort to change the narrative? it may be, in part, because the white house clearly believes this is a winning political issue for the president. he is going to make the point that for 98% of the american people, there will be no increase in their taxes. individuals making $200,000 or less a year. families making $250,000 or less, they will see no increase whatsoever. if nothing is done, everyone s taxes go up starting january 1st 2013, that s the so-called fiscal cliff. for 2% making more than that, they will go back to the tax rates that occurred during the clinton administration before the bush tax rates went into effect, 2001 and 2003. they will go back up to 39.6% from 35 or 36% right now. so, he will say these people can afford it. they will pay ....

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