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CNNW Your Money July 8, 2012



solutions, many of them, lie with congress. but there are causes and there are many of them. a simple answer would be the cleanest, the most convenient, out of control deficits or stimulus. it s barack obama or george w. bush, but it s not that simple, not that satisfying. one cause however does stand out amongst many. cheap and ample credit. for years the ability of almost every working american to access more credit than they should have been able to, masked the underlying fact that lower and middle class incomes were not rising. people felt and in many cases actually were wealthier than their salaries or socioeconomic status would suggest. getting a loan and buying a house, often more house than you needed or would have expected to buy, made you feel wealthier. as more people bought those houses, your net worth increased. you borrowed against that house, maybe. maybe you put your kids through college with the money. maybe you bought another house or financed a small ....

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CNNW Sanjay Gupta MD July 7, 2012



hello. thanks for joining us. on tap today, why the latest push by bill and melinda gates may be setting up this fight with the catholic church. also confronting the unthinkable. a teenage boy gets cancer and his father discovers this remarkable source of help. first, under the microscope. a new treatment for depression, a fascinating story, a disease as you know that affects more people than coronary heart disease or cancer. the good news is that in most cases it is treatable. medications such as antidepressants can be affected and in milder cases cognitive behavior therapy has been shown to work just as well. unfortunately, for many people nothing seems to help. that s why it s so exciting to hear about a totally new approach. it involves a device that looks a little bit like a pacemaker. two wires inserted drektly under the brain and then on the outside a doctor can literally flip a switch. it is a pretty radical approach but in some cases the results are astonishing ....

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CNNW Erin Burnett OutFront July 5, 2012



good evening, i m area rin burnett. outfront is the boogie man. when they aren t blasting each other who has lost more jobs or fired more people, mitt romney and barack obama slam china. day one. president romney stands up to china. demands a level playing field for our businesses and workers. just today, to kick off his bus tour, the president played the china card too. just this morning, my administration took a new action to hold china accountable for unfair trade practices that harm american automakers. and let me tell you something. americans aren t afraid to compete. we believe in competition. the president is referring to chinese tariffs on american-made cars and raised costs between 10% and 22%. what is amazing when you look at the numbers the claim doesn t really add up. look at gm sales in china. in the month of may, they were up 21% from last year. so far this year gm sold a record 1.2 million cars in china, more than the united states. the real unt ....

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CNNW Early Start July 5, 2012



it s so nice to be here. nice to sit next to you. this is the news from a to b. i love it. i m brooke baldwin. it s bright and early. we do appreciate it, brooke. 5:00 a.m. in the east. let s start with this one, shall we? hitting the road today. up first, the obama bus tour ready to roll this morning and heading for the white house. betting on america tour kicks off with four campaign stops in ohio today, and then it s on to pennsylvania for an appearance in the steel city tomorrow. brenda keeler is live in washington. i like that beginning, ohio, because in the campaign we like to say ohio, ohio, ohio. but really, the message is kind of universal for president obama. he wants to hit the economy hard, doesn t he? reporter: he ll be talking about the economy and he s trying to draw a contrast. he ll be emphasizing the auto bailout. that plays very big, specifically in ohio, because this is a place that is number one when talking about auto suppliers. he ll als ....

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CNNW Erin Burnett OutFront July 3, 2012



good evening, everyone. i m erin burnett. outfront tonight, ooh-la-la. france s most powerful woman sticking her nose in america s business. it is sort of her job to do that. christine lagarde, head of the imf, had a doom and gloom message for washington today. economic recovery remains tepid, and downside risks have intensified. what we see is clearly a risk that confidence be eroded. and she didn t stop there. she took on president obama, too. in fact, she called his $3.8 trillion budget, which he says will reduce the deficit from 8.5% to 5.5% of our economy by next year as too rapid. among her suggestions, more infrastructure spending, housing initiatives and further extension of the emergency unemployment benefits. now, hey, we re all for ideas from anyone, but this did seem to be a pretty naked endorsement of the spend, spend, spend idea which is in vogue in lagarde s home country of france right now, where they plan to cut the retirement age from 62 to 60. h ....

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