outfront tonight, mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. written my romney s top economic advisor. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. and romney on a horse going so fast that his tie and horse tail are flying in the wind. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means, just to get to 12 million the first term, 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. there have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened i
take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or more. the research also notes the united states has never had four straight years whe
good evening. i m erin burnett. mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tuortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or more. th
verdict that is letting anthony go free this weekend. i want to welcome our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. one of the world s biggest media empires in crisis now. rupert murdoch publicly apologizing for serious wrongdoing and is now the front tabloid, the news of the world. the new ad in british newspapers coming days before he and his son are scheduled to face members of parliament. our correspondent brian todd and allan chernoff are standing by. first to london and our senior correspondent don rivers is standing by. are people in london, dan, still as shocked as they were over these past few days? reporter: i think so, yeah. i mean, this has been a seismic week in british politics. a week that will be written about for decades to come, i think. just having all of the main political parties that are normally squabbling at each other s throats suddenly united, but they re united because of their conte
investigation of rupert murdoch s media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. who s behind the cash and can the republicans compete? president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to raise the legal limit on the federal debt. and by all accounts, they re still very far apart. what if anything emerges from this meeting? consider the very dire warnings from the chairman of the federal reserve. ben bernanke using very strong words today, telling congress that the global financial system would be thrown into enormous disarray. that s a direct quote, if the u.s. treasury is deadbeat on its debt. ff we went so far as to default on the debt, it would be a major crisis. the treasur