progressive saved me money on my car insurance for doing the right thing behind the wheel. what a concept. excuse me, sir, do you know how fast you were going? exactly 25 miles per hour. that makes you a safe driver. keep driving safe. -are you serious? -absolutely. i couldn t help but notice, you applied your brakes smoothly and evenly. you know, progressive rewards safe drivers. think of this as a reward forward. thank you! nice you stopped at the stop sign. you qualify for a safe driver discount. wow! keep safe and keep saving. [ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what s next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection.
in the country this year. it spread overseas, rumors about it all day didn t happen until after the closing bell. there s the dow, down 2%. the big bank downgrades, including the biggest banks in europe, moody s saying that anybody with a lot of exposure to the credit markets, they were going to downgrade them. the banks one by one saying they disagree with the downgrades and some of the stocks are moving up a little bit. that s the bank part of it. banks are what pumps the oxygen through the financial system. when you have people worried talking about a slowing global economy, it caused all kinds of concerns. we re concerned about slowing numbers from china, from europe, from germany in particular. we had all kinds of macro economic data that was starting to show what many people feared that the global economy is slowing down. that means american factories are selling fewer things and american business owners are not hiring people because they are worried about the global sl
we want more ben and we want him now. but tonight, the truth. there s not enough ben for america. more ben is bad. i m talking, of course, about this ben, fed chair ben bernanke. today he announced he ll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. monetary policy is not a panacea, it s not going to solve our economic problems. the fed fed s drugs didn t come cheap either. there have been three rounds of fed stimulus with a total price tag of $2.7 trillion. and that doesn t include the $267 billion extension to operation twist that was announced today. so the question is, were the highs we got worth the price of $2.7 trillion? check this out. when the financial crisis hit, the fed stepped in with an unprecedented plan to lower interest rates. it was called q.e. 1 or quantitativ
where certain fungal infections are common. don t start enbrel if you have an infection like the flu. tell your doctor if you re prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, while on enbrel, you experience persistent fever, bruising, bleeding, or paleness. [ phil ] get back to the things that matter most. ask your rheumatologist if enbrel is right for you. [ doctor ] enbrel, the number one biolog medicine prescribed by rheumatologists. [ doctor ] enbrel, the number one biolog medicine progressive saved me money on my car insurance for doing the right thing behind the wheel. what a concept. excuse me, sir, do you know how fast you were going? exactly 25 miles per hour. that makes you a safe driver. keep driving safe. -are you serious? -absolutely. i couldn t help but notice, you applied your brakes smoothly and evenly. you know, progressive rewards safe drivers. think of this as a reward forward. thank you! nice you stopped
progressive saved me money on my car insurance for doing the right thing behind the wheel. what a concept. excuse me, sir, do you know how fast you were going? exactly 25 miles per hour. that makes you a safe driver. keep driving safe. -are you serious? -absolutely. i couldn t help but notice, you applied your brakes smoothly and evenly. you know, progressive rewards safe drivers. think of this as a reward forward. thank you! nice you stopped at the stop sign. you qualify for a safe driver discount. wow! keep safe and keep saving.