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two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there are investments. your i.r.a., your 401(k), your pensions. they re a second road to prosperity. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, you re getting nothing. even our virtually nonexistent inflation is higher than what you re earning. you are being penalized for not taking risks. ironically, owning your home may be the one vehicle to personal wealth that shows signs of some brightness. home prices may have hit bottom and are finally bouncing back. if that s the case, then now is the best time to buy a home or refinance a loan. interest rates are at historic lows. but that s little consolation to scores of homeowners who have seen the value of their homes on average shrink by a quarter since the beginning of th ....
double. that s not all. because congress couldn t agree on how to cut the budget as much as a trillion dollars in across the board mandatory spending cuts could kick in starting january 1st and that could fuel a wave of job cuts. all of this is avoidable. congress could rid us of this uncertainty right now. but why eliminate uncertainty when you can use that uncertainty to scare people into voting for you or voting against the other guy? washington won t act before the elections because members of congress would prefer to play russian roulette with the american people in order to get votes. your vote should go to a congressional candidate who is willing to put the economic good over election year politics. harvard economist is a former imf chief economist and the world s leading authority on financial crisis. krista freeland and will cain is a cnn contributor and is so wrong about the truth of this congress that i insist he comes on until i can convince him otherwise. w ....
spending and that s because trat decisional path to prosperity is still strewn with debris from the last storm. the big one, the recession. your job and the wage you bring home is the single most important way to build wealth. but despite net job growth for two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there rinare investmen. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, you re getting nothing. even our virtually nonexistent inflation is higher than what you re earning. you are being penalized for not taking risks. ironically, owning your home may be the one vehicle to personal we will thaj shows some signs of brightness. home price maze have hit bottom and finally bouncing back. if that s the case, then now is the best time to buy a home or refinance a loan. interest ....
traders. and three men who invest for a living, we ll ask them if facebook is a good investment for you. ed reilly, ted shapiro, an early facebook investor, and matt mccall, president of the penn financial group. dan, let s start with you. let s leave the stock aside for a second. that s a big topic, but this is about the company. it was amazing to see thousands turn out in menlo park to see mark zuckerberg kick off facebook s first public trading day. talk about the mood there and how it happened. what happened to the mood when that stock failed to soar like expected? well, first of all, as you can imagine, still conn valley was buzzing over this stock debut for weeks. so much anticipation, all across the country. but here, you know, you could just feel the environment. you could feel the electricity. i did speak to a facebook executive about mark zuckerberg ringing the bell. he said the energy in there was off the charts. it felt like a rock concert. and especiall ....
to answer any question you could possibly ask. but facebook represents something different. the idea that the internet and technology can bring people together and together the community you choose cure rates your entire journey through life. but is this a real shift in the motion important tool in the world or a fad that s peaked? can facebook live up to the hype? and if it really is a paradigm shift, can facebook dominate it? as no other network can, we ve brought together cnn s best team covering this story. dan simon at facebook headquarters in menlo park, california, where mark zuckerberg remotely rang the opening bell on the nasdaq on friday. alison kosik, and flees a taylor at the new york stock exchange where she s been talking to traders. and three men who invest for a living, we ll ask them if facebook is a good investment for you. ed reilly, ted shapiro, an early facebook investor, and matt mccall, president of the penn financial group. dan, let s start w ....