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finally, if you thought american debt was worthless, think again. i ll explain. but first, here s my take. the american economy seems to have picked up. the dow jones industrial average is hovering around 13,000, the highest since the financial crisis began in may 2008. the nasdaq is actually at its highest level since the technology bubble burst more than a decade ago. now, stock prices around everything, but data from the economy on the ground is also slowly getting better. jobless claims are down. housing starts are up. things do seem to be getting better, slowly, as i said, but surely. this is all good news for president obama because there is a very strong correlation between economic growth and a president s prospects for re-election. the unemployment numbers are still pretty high, but they are also falling. also, many models suggest that unemployment is not the crucial statistic to determine whether a president will win re-election. most people, after all, are ....
finally, if you thought american debt was worthless, think again. i ll explain. first, here is my take. the american economy seems to have picked up. the dow jones industrial average is hovering around 13,000. the highest since the financial crisis began in may 2008. things do seem to be getting better. this is good news for president obama because there s a strong co-correlation between economic growth and a president s prospects for re-election. the unemployment numbers are still pretty high, but they are also falling. also, many models issing that unemployment is not the crucial statistic to determine whether a president will win re-election. most people after all are employed. it is the rise in per capita gdp. the average person s income rise that determines whether they feel things are getting better and, thus, whether they will vote for the incumbent or seek a change. so does that mean that the economy and the president are in good shape? well, they re in better s ....
you have the vest on there to make sure that everyone can see you and make sure that they know that you re not part of the construction project. but you can tell us all about it. kareen? reporter: yeah, i can t believe you noticed this very, very conservative vest. well, fred, i have to tell you, as someone who lives here in southern california, i take the 405 all the time. this is definitely, definitely eerie to see. no cars on the roadway. this is something that is so unprecedented, it would never, ever happen of course, the world isn t coming to an end. it s just a big project, a $1 billion project that wraps up hopefully if things go as scheduled monday morning. right now, what you re looking at are construction crews hard at work behind me. they re demolishing a portion of this bridge. when i say busy, this artery is busy, 500,000 cars pass through it each day. millions hit this freeway each week. it s a big deal. so far we ve gotten a really interesting update ....
commercial break, that jose baez would not be allowed to bring into the closing arguments today the concept of sexual abuse upon casey anthony, defendant, by her father, george anthony. he said that was nothing that was proven. jose baez is now refuting that by saying, actually, sir, i disagree, because the fbi took dna samples. he s trying to get that allowed into his closing arguments. it s very complex. let s take a listen to some of what is being said by jose baez. there s inferences, but nobody got up there and said they saw miss anthony with chloroform in her hand or you ve got one minute. administer chloroform to caylee anthony. i think to deny that would be die nidenying miss anthony prop ability to argue her defense. state, do you agree with that? no, sir. we would take the position what that was, point number three of the 16 counts in which the judge said, counsel will avoid making arguments not based on facts in evidence or reasonable inferenc ....
what s going on in our city that no one would take the time to help this drowning man. could we have done more when the gentleman became unconscious? certainly there s that opportunity for us to have gone out and do more. we re looking at that. alameda officials say they ll reinstate the water rescue training. 911 what s your emergency? i called a little bit ago. i found out my granddaughter has been taken. she has been missing. her mother finally admitted she s been missing. casey anthony s mother cindy breaks down on the stand in an orlando courtroom. the jury hears cindy anthony s 911 call to report her granddaughter caylee missing. she told the 911 operator her daughter s car smelled like a dead body. prosecutors say casey anthony killed her daughter and buried the body in nearby woods and then pretended that she was missing. sarah palin tops off a meeting with donald trump with a visit to the statue of liberty today. her i m not running for anything bus t ....