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CNN
Jul 13, 2013 11:00am PDT
whether or not george zimmerman is guilty in the crime of the death of 17-year-old trayvon martin. in this hour, you're going to hear from one of the main voices in the case with a new candid perspective never before heard. martin savage sat down with lead defense attorney mark o'mara, and we tried to do the same with prosecutors and the martin family. however, they are choosing to speak after a verdict is reached. but o'mara offered to open up just after he finished his closing argument, knowing he has said and done all he can for his client. >> you were not the first attorney in this case? >> no, i wasn't. i was sort of second and third. >> so there's a period you were actually a spectator before you became involved. >> and a commentator. i was commenting on it a little bit. >> what were you thinking about this case at that time? >> when i commented at first, i looked at it and said, you got to be careful with the stand your ground law, because it allows people to do things they can do sort of morally. don't take advantage of a statute in doing things you do. and there's a lot about
CNN
Jul 14, 2013 12:00pm PDT
. >> martin savidge, what has life been like for george zimmerman, if you've talked to anybody in his legal group or family and friends. what do they think life for him will be like? >> it is an amazing question to ponder. george was the first to jump up when the jury was brought back in. once the verdict was rendered, it shifted. it moved back to the family of sybrina and tracy martin, because the parents of trayvon martin they suffer a grief now. but his attorneys will tell you he'll never have a normal life again. he's in hiding still and will have to remain there. can he get a job? how will he get a job? death threats against him. people say they will seek their own justice. they don't see in any way george zimmerman goes back to a life he had before all of this. of course he must live with the fact he killed a 17-year-old. that is without question, regardless of the justification the defense said he had. i wouldn't want to be in his shoes. >> all right. martin savidge in sanford, florida, thank you very much. the state criminal case is over but zimmerman's legal troubles are
CNN
Sep 12, 2009 1:00pm EDT
. how many jobs are being created with your money. and from the rumble in the jungle to the george foreman grill, the champion gives you his secrets for success. step into the ring, it's time for "your money." >>> hello, everyone, welcome to "your money" i'm christine romans. ali velchi is getting your reaction to president obama's latest attempt to spur the country to pass the health care reform. it's still early in his administration, but he knows his legacy could hang in the balance. >> i'm not the first president to take up this cause. but i'm determined to be the last. >> it is make or break time. will the president get this done? let's bring in our cnn senior political analyst, gloria borger and gloria reuben, host of cnn's "dr. radio." gloria, will he get it done? >> i think in the end, the president is going to get something passed. and whatever he gets passed, he's going to call health care reform. he's got a majority of democrats, the question is, how many votes do they get from the republicans. i think maybe one, maybe two in the senate. probably not very many in the hou
CNN
Oct 28, 2012 12:00pm PDT
outer banks getting the worst of it. maybe the worst of it is actually hitting our george howell. george, you're in kill devil hills. what's new? >> reporter: you know, let's talk about what's happening here on the outer banks. let's talk about the state of north carolina. when you look at the radar, this is the state. you have 40-plus counties that have all declared states of emergency. when you look at the bands here, the bands on the northwest side of the storm, they are affecting this area, and what you're getting is the strong wind. here we're getting the sideways rain mixed with sand here along the ocean, and i also want to talk about storm surge. chad was talking about that a minute ago. when you look at what's happening back there, fredricka, there was a beach out there yesterday. we walked on the beach. the beach is gone. and the storm surge out here expected to be anywhere from 4 to 6 feet in this area. on the other side of the island, there is a possibility of 3 to 5 feet of flooding. people here know the areas that typically flood. they've gotten to higher ground, but
CNN
Sep 13, 2009 3:00pm EDT
the george foreman grill, the champ gives you his secrets to success. step into the ring. it's time for "your $$$$$." >>> hello. welcome to "your $$$$$." i'm christine romans. ali velshi is in harrisburg, pennsylvania. we'll catch up with him, getting your reaction to president obama's latest attempt to spur the country to pass health care reform. it's early but the president knows his legacy could hang in the balance. >> i'm not the first president to take up this cause but i am determined to be the last. >> it is make or break time. will the president get this done? let's bring in our cnn senior political analyst and andrew ruben. gloria, will he get it done? >> well, i think in the end the president is going to get something passed. whatever he gets passed he's going to call health care reform and he's got a majority of democrats, the question is how many votes do they get from the republicans, i think maybe one, maybe two in the senate. probably not very many in the house. but he is going to get something done. >> but we don't know what it's going to look like. >> we're not sure
CNN
Nov 17, 2013 12:00pm PST
there. glad to be able to report that things are art. >> george howell also there in chicago. so george, last we spoke you were there in soldier field, where are you now? >> we can get a live signal now. again, just about an hour ago, the storm clouds were so thick we weren't able to do that. you can see the skyline again and that is good news. during the storm you couldn't even see that. as far as the game we know that the bears and ravens will be back on the field in minutes. the fans were told to go to lower ground. you have so many people who come into town for tailgating. everyone got out of the way of the storm system fred as it moved here into the chicago land area. >> thank you so much. george howell, keep us posted there. we heard from the one patron who talked about how dark and ominous it was. hopefully things will clear up soon. we are going to return to our coverage of the severe weather impacting 26 states across this country. in the meantime you know about the typhoon in the pill fehilip. now video of the storm surge. here is some of that right now. >> all right in
CNN
Jun 3, 2012 3:00pm EDT
$600. i prospers under ronald reagan. >> how you doing now? >> under george bush, under bill clinton and under barack obama. our business is now growing this year. >> god bless you. the reality is who the president of the united states is has some impact on business and some impact on the economy. we as business people. we as american citizens also have to accept some responsibility here, too. and the fact of the matter, banks are getting rewarded for not making loans. they're not making loans to small business who are going do create the jobs. wall street has acted for decades as a casino. >> and we never bailed them out. >> i hope you agree. >> you just said you had to bail them out. >> i am ending this segment right now. we have an agreement. gentlemen, we must do this again. >> he now agrees we shouldn't have bailed out wall street and the banks, but he said something different five minutes ago. >> no, i didn't. >> yes, you did. >> john fund, national affairs columnist and national review. coming up next, washington is gridlocked thanks to a hyper partisan environment. my next gu
CNN
Mar 13, 2011 3:00pm EDT
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CNN
Apr 8, 2012 12:00pm PDT
makes that claim. it was written by ed lazear, he's the storm economic adviser to president george w. bush. now, christine romans rejoins us as well. she had the chance to talk to ed lazear this week. christine? >> ali, we hear time and time again from the obama administration and other economists that it's this administration that stopped the economy from going into a depression. but lazear argues it's president obama's policies, some of them that are making this in his words, the worst recovery in history. >> this hardly kept us from the great depression. what it did was at best, it softened the blow. but the big problem, at least to my mind, is what we've done by engaging in those policies has created a situation where we have very serious long-term debt issues right now, and to my mind, those are the most important impediments to economic growth as we look to the future. >> all right. let's ask ken rogoff. is this the worst recovery ever, ken? >> well, it's a matter of semantics, but the great depression was worse. i mean, it's really hard to compare. i mean, sure, there are a fe
CNN
Jun 1, 2013 6:30am PDT
. our george howell is in union city. good morning to you, george. you've had a chance to walk around in the daylight.
CNN
Nov 14, 2010 3:00pm EST
new more vegas, george wallace. he'll give us his take on this weeks news. "your money" starts right now. >>> the government you want versus the government you're willing to pay for. i'm ali velshi, christine romans joins me. first chief national correspondent john king who hosts "john king, usa," the proposal calls for $4 trillion, $4 trillion in cuts to the deficit. this cnn national exit poll shows voters felt reducing the deficit was the highest priority for the next congress. higher than creating jobs, higher than cutting taxes. does it mean a politician could get away with raising taxes and cutting programs if it means a serious reduction in the deficit and the debt. >> my friend, welcome to washington. yes, we wish that were the case. already, you saw the initial reaction. from the left it was dead on arrival because it touches medicare and social security. from the right it was dead on arrival because of tax increases. we have instant polarization, which is why we haven't dealt with these issues for a quarter of a century. president clinton tried, george bush, they couldn't g
CNN
Jan 23, 2010 1:00pm EST
up to george bush and said we need a stimulus and congress altogether quickly spent $150 billion, sank like a stone because the business cycle was tanking. much bigger than the money. excuse me, in the fall when lehman goes under, you spend over a trillion dollars propping up the financial system. ma take that as big deal. >> and the -- >> excuse me. >> even after the collapse, it's lard to put this through the political -- >> that did to your point earlier, made a difference in terms of keeping us out of the abyss. and then the business cycle takes over, and you start a turn, and whoever is standing there will get credit. i'm not saying the $77 -- 787 billion didn't do anything. >> finding non-trivial facts, the work i did recently, looking at the contracts, grants and loans, on average, they've gone to states with higher unemployment rates, states with bigger drops in pay role and the job creation in those states was higher. >> david gergen in washington, you can see where this conversation is going, and it is very reflective how the conversation is going in america, between pe
CNN
Jul 14, 2012 10:00am PDT
spent. in the presidential election that year then texas governor george w. bush running against al gore pledged to give that money back to the taxpayers. >> we don't believe the surplus is the government's money. we know the surplus is the people's money. we're going to send some of that money back to the people that pay the bills. >> and send it back he did. when he became president thugh temporary tax cuts in 2001 and 2003 known as the bush tax cuts. the first of those tax cuts were set to expire back in 2010 but the economy was still shaky back then so vice president biden and senator mitch mcconnell struck a deal to extend them for two more years for everyone. now those tax cuts are set to expire again at the end of this year. it is part of the so-called fiscal cliff that economists are warning the u.s. could go over if congress doesn't deal with it. president obama says let's extend them for another year but and this is the key point, n for everyone, just for what he calls the middle class, families earning less than $250,000 per year or individuals earning less than 200,000.
CNN
Jan 26, 2013 1:00pm EST
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CNN
Apr 17, 2011 3:00pm EDT
secretary to george bush. he said, i'm glad there was no twitter when i worked with george bush. . this micro play by play is rough. instant feedback, good, bad or just deal with it? christine, rachel, your answers in 140 characters or less. rachel? >> you know what, i'm a big fan of transparency. i feel like ari fleisher was saying i'm glad there was no transparency back in '95 when this was happening. it's ridiculous. he should sh celebrating the fact that the populace is informed. >> we have to decipher through all the contradicting comments and the talking points and the play by play to really kind of boil it down in a traditional way. so i think the more information the measureirrier, and you can more of the trends. >> christine cautioned me to the degree i something on twitter, but now i put it out there. the reality is it's out there, anyway. now people are saying it. let's talk about this. there is an app for everything out there. there is now a degree for apps. i thought when i first read this there is an app for getting a degree. computer software engineers are among t
CNN
Jul 31, 2010 1:00pm EDT
are scheduled to rise once the year ends. that's because tax cuts george w. bush championed in 2001 and 2003 were put in place only through the end of the decade. >> if congress does nothing it could lead to one of the largest tax increases in american history. >> reporter: president bush pledged. as things stand right now tens of thousands who earn less are about to get whacked by new higher tax rates. >> if new tax legislation is not implemented it would be a dramatic effect to middle class. >> reporter: middle class tax rated are expected to go up by 3%. the change will put them into the 31% marginal tax bracket. up from 28% today. also due to change, the tax credit that lal families i get for each child without be cut in half to a maximum of no more than $500 per child and taxes would rise on capitals and dividend gains, especially hurtful to retired americans. president obama plans to chop the spending budget. but if families like the chuddocks plan to cut back, that could hurt the economy and that could mean lower overall tax revenues for the treasury. there is some hope for t
CNN
Jan 16, 2011 3:00pm EST
week all of the guests include howard stern, condoleezza rice, and george clooney. it kicks off tomorrow night at 9:00 p.m. eastern right here on cnn. piers morgan tonight. don't want to miss it. >>> that will do it for us right now. join us again in the 4:00 eastern hour. we're bringing in an astrologer to help us understand what's behind this new change in the zodiac chart. what's it mean for your sign. plus in the 5:00 p.m. hour, a new nation might be born in sudan in africa. we're going to talk to sudanese americans about their hopes for their former country and also at 5:00 eastern time, how to land your dream job. "your $$$$$" is coming up next. >>> americans don't need to agree on the issues. but we do need to change the way we talk to one another. welcome to "your $$$$$," i'm ali velshi. the tragic events in arizona caused leaders from both parties to look at how we debate issues in the country. two issues we talk about often on this program, health care reform and immigration have been the focus of increasingly angry and sometimes violent political rhetoric. david gerge
CNN
Aug 17, 2013 2:00pm EDT
looked without george zimmer? the company dropped zimmer in a very public feud. another ad from j.c. penney has moms up in arms. parents say it promotes bullying because
CNN
Jan 18, 2014 6:30am PST
have flying cars yet, but the dream of a george jetson self-driving vehicle is surely on its way. researchers say these cars will be safer than human-driven cars because it will eliminate human mistakes like distracted or drunken driving. that will lead to fewer accidents and lower insurance rates. but we're still talking about seven to ten years before the cars will be available to the public. christine? >> dan simon, thanks. >>> your home, your car, your phone, even your eyes. google is taking over your digital future. the company even has an entire division dedicated to what it calls moon shots. wild ideas to change the way we live. guess what? so do we. in a week where google made moves to capture the future, we've got one for them. a little market research, to boot. so what would you pay for a phone that lets you see five minutes into the future? >> only five minutes in the future? >> $1500. >> nothing. i wouldn't want to see five minutes in the future. the unknown is better. >> how much would i pay? whatever i have, i guess. >> the electronic brain's memory will do the rest
CNN
Aug 10, 2013 9:30am EDT
remakes or sequels, and george lucas knows a thing or two about sequels. >> what used to be the movie business, which was television at the movies, and that's the television business which has nothing to do with television. >> some are drawing viewers away from the theaters. what does the future go for movie goers that prefer film makers with big ideas but perhaps smaller wallets? spike lee has been telling original stories for decades, from "do the right thing," to "inside man," one of my favorites, but what does the future lack like for producers that don't want to turn out sequels. >> what mr. speilberg and lucas said, i can't top that, they hit the nail right on the head. >> you have changed the way you are doing business. explain. >> well, my newest film, i am raising money through kick start, which is really about crowd funding. i thraoeubg say that i have been doing kick starter before there was kick starter, and yesterday's film, the 27th anniversary of it, and the budget was $175,000, and so there was no internet, and social media for me was writing letters, writing post card
CNN
Sep 26, 2010 3:00pm EDT
director of school of media and public affairs at george washington university. a former colleague of mine here at cnn. our washington bureau chief. frank, even warren buffett chimed in this week saying by his definition the recession isn't over and won't be for a while. politically this is a tricky one for the president, for the democrats heading into a midterm election. boy, wouldn't you love to claim victory saying after we got into office the recession ended. i think if anybody tried to say anything like that in politics, they would seem more out of touch than normal. >> can't do it. you can't say it from the white house. you can't say it from capitol hill, can't say it from the state house because you'll call people on the carpet. people who live this will call you on the carpet. the recession is over. are you employed? is your kid employed? is your house worth more than it was? how is your 401(k) doing, your house, right on down the line. politically this is the third rail. george bush i had the problem. remember the scanner incident that didn't happen. there was so much of t
CNN
Oct 3, 2010 3:00pm EDT
council of economic advisers for george w. bush, helped design bush tax cuts. thanks for joining us. there's major political debate about extending tax cuts for wealthy and average american. glen, looking at the income gap, does it take away some of the argument for extending tax cuts for the rich? >> there's two points about extension. we should extend the entire tax code until we're ready to have a serious conversation about the size of government. that's the second and bigger discussion. if in 2012 we decide we want a government as large as that in president obama's budget, we can't afford the current tax system. the bush tax cuts will all have to go. we need other tax increases. if we want a smaller government, that's a different story. that's the real question. how big do we want government to be, not the tax cuss. >> should we extend the tax cuts with an expiration date? should they all be extended? >> i think we should extend them until we're ready to have that conversation. to me it's the 2012 presidential campaign. if the american people say we would like a government of 25
CNN
Dec 19, 2009 1:00pm EST
2008 he was still one of those people along with george bush and henry paulson saying the economy is fundamentally sound when lesser people than him with no economics degree was saying, in a ha. it's not fundamentally safe. >> right. ali and i, we've gone round and round about this and slow showed the clips. no, subprime not a problem, and richard, why when so many americans watched the process of saving the economy and the exit strategies for the fed, they say, wait. you didn't know this. how do we know this time you're right? >> look, you guys are just simply cruel. there is no other way to put it. you are determined to run the tape until you can barely see the video on that particular clip again and again. which one of us, honestly, likes to have our words thrown back at us two or three years late jer the truth is yes, ben bernanke was one ever those who couldn't see it was as bad as it was going to get, but the actions he took, the fighting that -- remember, the congress rejected the original t.a.r.p. plan. it was only because of people like bernanke under the u.k. gordon brown t
CNN
Mar 7, 2010 3:00pm EST
east. and george w. bush is going to get some credit as well for that. and at the same time, on the war in afghanistan within it's always been understood by the administration that pakistan is a key player there, the most volatile. there's been a lot of, you know, a sense on part of the american governments, both bush and obama governments that the pakistani officials were not cooperating in cracking down on al qaeda and taliban. now we've got this arrest today, if the pakistanis really did play a significant role in the arrest of this american-born spokesman for al qaeda, that would yet be another indication and a helpful indication for the government, the u.s. government, that the pakistanis are beginning to play ball with us, that they're a better partner, and that too is good news for president obama. >> david, while we look at images taking place in iraq, the president underscoring, 50,000 voting booths at more than 8,000 polling stations across iraq. why is it so important for this president to come out today, while polls have closed in iraq, this election did not come without vio
CNN
Sep 17, 2011 10:00am PDT
and the exact opposite happened. george h.w. bush, first gulf war, a tremendous success. everybody thought, hey, he's in. he lost. maureen barracks blown up right near the election, we thought he's going to lose. boom, he won re-election. things change. there is that. we don't see much changing in the economy even by the white house's own predictions. what we're looking at can they sell, as ronald reagan did, the trajectory of things. can we sell things are getting better. not where we want them but on the right path that's where we have to go. >> the president, the big fund-raiser this week, he said his chances of being re-elected in 2012, they are better than his chances of being elected in the first place. sort of telling his supporters, come on, there's a long time nobody thought a guy like me could be elected in the first place. he was trying to inspire confidence that way. diane swonk, she joins us. americans are not motivated to spend. no increase in july retail sales, how important is confidence here at this stage of the economy? >> there's no question on the margin confide
CNN
Nov 7, 2010 3:00pm EST
happened in our financial crisis. >> so help me god. >> by the time george w. bush took office in 2001 the u.s. financial sector was more profitable and powerful than ever before. dominating this industry were five investment banks, two financial conglomerates, three securities insurance companies and three rating agencies. and linking them all together was the securitization food chain, a new system that connected trillions of dollars in mortgages and other loans with investors all over the world. >> this is candy for a guy like me that follows money all the time. i think everybody in america who thinks they were affected by the financial crisis needs to see this, charles. the number one question i think is out there is who caused this and can it happen again. your movie says basically our regulations on how to do business safely were loosened to the degree that that's what caused it. and yes, it can happen again. >> yes, that's absolutely right unfortunately. it's a heist film. it was a heist that was committed by the presidents of the banks. and they spent 10 years, 20 years, i
CNN
Sep 9, 2012 12:00pm PDT
the past. >> don, let's bring in ed lazear, economic adviser for president george w. bush who by the way is the president many democrats blame for getting into this recession. it did start on his watch. ed, as you heard many times at the democratic convention, obama wanted to save the auto industry. mitt romney took a more business-friendly approach, which would have likely seen greater job losses. president obama has provided more capital for small businesses, broadened new consumer protections and for half a term we an unfriendly congress to work with. not counting job creation, we'll talk about that in a separate segment after the commercial. is there really a case that this president has failed economically? >> well, i think you can't certainly blame him for the early part of this presidency, that is the legacy of the past, but what we have to look at is where we are now, and this is now almost four years later, from the time that he took office, and i think that the policies that the president has favored are those that focused on the short run. they were, to be honest, a little
CNN
Aug 22, 2009 1:00pm EDT
, that's going to cost you big time.  >> george: on the surchs sounds bike a victory for proponents of health care reform. the pharmaceutical companies onboard working with democrats in the finance committee, receiving praise from the white house. for an $80 billion pledge to reduce costs over are the next ten years. former clinton cabinet member robert reich said he's appall by the deal twine the white house and the pharmaceutical industry. i asked an an alliance will mean for your drug costs. >> christine, we don't know the details of the deal. in fact, the white house has been living a little around whether there was a deal or what the term was. according to the pharmaceutical industry, there was a deal, there is a deal and a big part of the deal is that medicare will not be allowed in the future. just as it hasn't been under george w. bush, to negotiate lower drug prices using a huge bargaining leverage it oishz otherwise would have. this means if in fact this was the deal that drug prices would stay quite high and it would put a crimp in overall long-term reductions in health c
CNN
Aug 19, 2012 3:00pm EDT
2001 george w. bush inaugural. even though they're such good friends, he says ryan knows he will never get the vote of his former teacher. >> there's no doubt about it that he is a great guy, great family guy, cares a lot about the community, but we just don't see eye to eye on politics. >> reporter: sam says that he is a life-long democrat, so he won't be voting for his former high school student or mitt romney, but he says along with other people here in janesville, wisconsin, that he is absolutely proud of what paul ryan has been able to accomplish. ted roland, cnn, janesville, wisconsin. >> great piece by ted rolands there. we've both been to janesville. this is very much a working class town. as you say in your piece, the ryan family is an established well known family there. you know, certainly not blue collar. i mean, they did run a construction firm, but very well off. you know, it's interesting, right, you hear the criticism from the left that ryan's proposals are proposals that break the back of the elderly and the poor and help the rich. this town and his formative yea
CNN
Jun 22, 2013 6:30am PDT
george w. bush once told americans, he told them how they could help the economy. >> i encourage you all to go shopping more. >> is a recent surge in spending saving the economy or dooming us to repeat history? everyone's retirement dream is different; how we get there is not. we're americans. we work. we plan. ameriprise advisors can help you like they've helped millions of others. to help you retire your way, with confidence. ♪ that's what ameriprise financial does. that's what they can do with you. let's get to work. ameriprise financial. more within reach. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? oh, yeah. [ male announcer ] it's practically yours. [ wife ] sorry. [ male announcer ] but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. after
CNN
Oct 13, 2013 3:00pm EDT
, in agt years of george w, that p that doubled to ten. both repushily cans and democrats, this has to end. there has to be rong term entitlement reform. this is all a part of it. let's go. raise the debt ceiling. get our debt doub. down. >> is the gop still the party of business? that's my question. the way you're doing business is not good for any of us. it's not good for our earnings, na demand or the american people. >> two-thirds of new jobs are created wi small business. but the reality is you're elected to legislate to resolve the problems of the country. recognize the fact that we're here and try to address the long-term problems. we have an awful lot of earnings po ten rnl. it's a delicate balance: it is. the chie needs are laughing at it. sq . >> nice to see you, thank you. >> all right, coming up. who's winning and who's losing in the debt showdown in washington. the answer may surprise you. iony and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing ap
CNN
Jun 12, 2011 3:00pm EDT
, president obama makes the case that he inherited a horrible economy from george w. bush. it's better now, though not great, better now than when he began office. that's the president's case. the republicans are saying the obama administration has too much regulation on the economy. most of them don't like the wall street package that was passed by the congress and signed by the president. so it's an anti-obama, anti h anti-democrat message you get from the republicans. they said they would cut spending. whether cutting spending is the right thing to do when you want to increase employment is the question, but debt is driving the economy right now, not so much employment. iowa and new hampshire are two states that have an unemployment rate higher than the others. >> bob, this debate is going to hinge on whether or not, as we're talking about, maybe other leg down in the economy. forget the depression talk, but there is some talk that things might weaken a little bit. this idea of cutting spending right now, it really flies in the face of what democrats are trying to push. >> most econ
CNN
Apr 7, 2012 10:00am PDT
former economic adviser to president george w. bush. christine romans rejoins us as well. she had a chance to talk to him this week. christine. >> we hear again and again from obama administration stopped the economy from going into the depression. he argues president obama's policies, some of them, that are making this, in his words, the worst recovery in history. >> this hardly kept us from the great depression. what it does, even at best softened the blow. the biggest problem to my mind is what we've done by engaging in those policies is created a situation where we have very serious long-term debt issues right now. to my mind those are the most important impediments to economic growth as we look to the future. >> okay. let's ask ken rogoff. is this the worst recovery ever, ken? >> well, it's a matter of semantics, but the great depression is worse. it's hard to compare. sure, there were a few good years in the early '30s and he points to them in his article. we got to 25% unemployment first. it was bad here we got to 10. it was really staggering. frankly it didn't come back real
CNN
May 5, 2012 10:00am PDT
in general did a whole lot four years ago to help him win the state. george w. bush won here in 2000, 2004. he turned it blue. and it will be very difficult. >> can he keep it blue? >> the unemployment situation in ohio is very odd. usually when there's a bad situation in the economy, when there's a deep recession, unemployment numbers are higher than the national average. we're actually lower at this point. whether or not that will help him make his argument remains to be seen. >> a critical state and clearly the president and the white house knows this, 21 times in ohio since being elected in 2008. hangs to all of you. howard wilkinson, so glad you were with us. lenny mcallister, maria, han th to you, as well. they're moving on later to the state of virginia. you see him exiting along with the first lady, michelle obama, who helped kick things off there. "your $$$$$" coming up flnext. more analysis later on. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe, even a little better. experience life
CNN
Sep 23, 2012 12:00pm PDT
even more in his second term. the same thing happened with george h.b. busch. look at president clinton, the whilshire nearly doubled. then we come to the most recent president bush, america's first and only harvard mba president. he had to deal with the bursting of the tech bubble. that pushed the stock market down during both of thisz terms. the market is now up 96% under president obama. i have said over and over again that presidents get too much credit and too much blame for the economy. you should vote for the candidate you want, don't vote because you think your stocks are going to go up. but that doesn't mean that the president has no effect. i want to bring in paul lamon can. i want to start with companies that export to china. mitt romney and president obama have both ramped up their rhetoric about china. but you say this sector, companies that export to china, paul, could do better under president obama. >> most people believe that if president obama was re-elected, there will be a little bit more of a cooperative tone with china. he has obviously talked tough and tak
CNN
Nov 15, 2010 4:00am EST
issues for a quarter of a century. president clinton tried, george bush, they couldn't get it done. both party has immediately retreat to their special interest bunkers. it's like a base commission. you have to have an up or down vote in the congress. they won't get a majority. we'll see going forward but the early reaction tells you quite a bit. >> at least the discussion is happening and hopefully continues to happen. let me just give our viewers a sense of the debt. the deficit is the yearly shortfall between how much revenue the government comes in and how much they spent. the accumulation of those deficits is the national debt. here we are right now. debt is about 60%. u.s. debt is about 60% of the gdp, the size of the whole economy. that's particularly high. it's not double our normal historical levels but pretty high. look what happens under current law. if nothing changes, follow the red line with me. you'll see that our deficit -- our debt will continue to grow all the way out to 2040. we're going to be crossing 80% of gdp. current law is changing. things are changing. if
CNN
Feb 12, 2012 12:00pm PST
first visit to the white house was actually under george h.w. bush. so, you know, she really has had a place in so many places around the globe. hilla hilary rosen, thanks so much for your perspective. >>> we'll have much more of the coverage of the death of whitney houston in a moment. first, the expanding american focus on research and development, is it the key to economic growth? cnn's ali velshi breaks it down in this week's fortune brainstorm. >> if you still believe that bringing manufacturing jobs back to the u.s. is key to our economic recovery, you're probably watching this program on a black and white tv. most bets today are on american innovation, or something else. navek radwa is vice president of academics and innovation at singularity university. welcome to the show. you say small prize oriented competitions are the key to economic growth rather than large government funded labs. explain what you meant. >> well, look at the way we have been reacting to the economic downturn and lack of innovation. we talk about big bailouts, we talk about big investments. look at what ha
CNN
Mar 26, 2011 1:00pm EDT
ali, that happened with the approval ratings george bush, sr., had, the gulf war was a success so he was the war hero president. the jury is still out about how the american people are going to feel about what we're doing in libya. whether this will be a success, whether we'll be able to kill gadhafi, who knows? and the question is, if that operation does not succeed, does that interfere with his ability to get a domestic policy passed? >> and that's a good question. ben, let's talk about that. it's not like the president had clear sailing anyway on the domestic policy front when it came to job creation, when it comes to taxes, when it comes to the deficit, when it comes to the increasing of the country's debt limit. does it make any difference in the end? as you said he's got a couple of hours to get back to domestic issues. what's he going to do? >> it will make some difference whether we quote, win, or, quote, lose over there, things smooth out, not too much loss of civilian life, no loss of american life, or if the opposite happens which i fear could be likely in the complicated
CNN
Aug 21, 2010 1:00pm EDT
george bush was in favor of. the results would have been dreadful and the pain that people are feel iing in their 4 k's they would have felt in social security. it is an iffy time to suggest that people have faith in volatile markets and a place where people don't want a lot of volatility is retirement. i would say that the bigger concern on the entitlement spending shouldn't think social security. the president is right that is the smaller problem. the bigger issue is medical spending. both parties have been lacking in courage. they have been cowardly, no one has had the guts to say to the american people we are spending far too much on health care and we don't get good results. >> but you will have to change the way you get your health care. americans can't keep on getting health care the way that they do now. >> i think we will both agree there is a problem with the way it runs now. your social security account could look at bad as your 401 k account after the economic crisis. >> we are talking about people investing over a whole life time. actually it isn't anything, studies hav
CNN
Aug 11, 2013 12:00pm PDT
. "star wars" creator, george lucas, knows a thing or two about sequels and he agrees with steven spielberg's vision of the future. >> what used to be the movie business, now it will be the television business which actually has nothing to do with television. >> reporter: amc's "breaking bad," "game of thrones"" and "homeland are drawing viewers away from the video. whats the future for movie-goers who have big ideas but perhaps smaller wallets. spike lee has been telling original stories for decades from "do the right thing" to "inside man" one of my favorites. what does the future look like for directors who don't want to churn out 3d remakes and sequels. spike lee, what do you think about that? what's the future? >> see what the two guys who invented the blockbuster. mr. spielberg and mr. lucas. i can't top that. they hit the nail, they hit it right on the head. >> you have changed the way you are doing business. explain. >> well, my newest film, i'm raising money through kick st t starting, which is really about crowdfunding. like to say i've been doing kick starter before the
CNN
Jun 4, 2011 10:00am PDT
talked about -- >> don't talk about -- >> president george w. bush said, he is an mba from harvard. how did that go? the problem for the president is not, do i have a corporate background? you have to have the political instincts to be able to negotiate with democrats and republicans. the problem with the president is that congress, the house and the senate, they have to pass these measures. if you don't understand how to negotiate with political folks, even in your own party, i don't care how great of a ceo you are, you will fail. >> diane, what's the economist view on this? would it help you? would it be better for the economy if we had a businessperson as president? >> i don't care if they're business or not. i just want some pragmatism, i want some legislative ability in washington. i'm tired of the impotence we've seen on both sides of the parties. we have to work together and get ourselves out of it. we all got ourselves into that. we need to take responsibility for that and move forward. that means talking to each other, not demonizing each other across the table, which is happen
CNN
Sep 15, 2013 12:00pm PDT
putin. the president is in a very difficult box here. george h.w. bush left a note for bill clinton saying you may want to focus on domestic issues and every problem is going to cross your desk. president obama is dealing with that man. a man defined as being anti-war, now contemplating military strikes in the middle east. in a time he was struggling in his presidency a bit before this. he is in his second term. the economy is recovering. the american people are split on his leadership. the country is divided politicly anyway. you have the irs controversy. you have the nsa controversy. the president was in a political box anyway and then comes this. >> a jobs weary population. the polls show the public -- >> i think putin a little bit overplayed his hand. i always wonder whether it is really written by a public figure like putin or whether this came out of his press advisers. i thought it seemed authentic because no press adviser would suggest denouncing american exceptionalism in a message to americans. i think there was a back lash that weakened his case. i thought he came across
CNN
Aug 11, 2012 1:00pm EDT
, george al is right here somewhere. what a great leader. where is george? there he is right there standing above the crowd. governor, next senator george allen. you know, today was a big day for me. i'm sure it was a big day for paul and for his family, and i think it's a big day for america. we took a step forward in restoring the promise of america because i've selected a person who is a leader. as we look for people to help guide our country, as i look for people to work with me, if i get that chance i want someone who is a leader and leadership begins with character. character and vision. [ applause ] . this is -- this is a man whose character was formed early. he was in high school when his dad suddenly passed away and he matured quickly in a setting like that with a family that surrounded him and a community that helped him regain his footing. he began with interest in public service not because of personal ambition, but because of his passion and faith for america and a belief that america needed individuals who would put the country first and who would put the issues of am
CNN
Jun 9, 2013 12:00pm PDT
newsroom." george zimmerman's murder trial getting under way tomorrow. hear why jury selection could be especially complicated. and miami heat star lebron james talking to cnn about his strategy at the nba finals. i'm fredricka whitfield. see you in the news room an hour from now. we'll be right back. >>> 175,000 jobs created in may. the unemployment rate ticks up to 7.6%. those are the headlines, but there are numbers you don't see every month, and you need to pay attention to them. i'm christine romans. this is your money. the most important number of all is your unemployment rate. it's either 0% or 100%. either you have a job or you don't. outside your personal statistic, here's what's going on. over the past 12 months, the economy has created 12.1 million jobs. good but not good enough to push down the unemployment rate meaningfully. that rate ticked up a little bit to 7.6%, but the underemployment rate is much higher, 13.8%. that number includes all americans looking for work, plus those working part time but want to be working full time, and others who recently stopped lo
CNN
Jul 24, 2010 1:00pm EDT
that people still believe this was started by george bush. however, it is very difficult for this president and these democrats to go into the election with two big numbers. 9.5% unemployment and history-making mortgage foreclosure rates. if you take those two things together, though are two things people really get. and if they aren't unemployed and haven't lost their house they're scared they might be unemployed or lose their house. those are two very gut-wrenches figures. when they look at that and say, there are many who are employed, but, yes, they worry about their jobs. i think those are two figures that dog the democrats as they move into these elections, and while people may blame george bush for the explosion as they see it of this recession, they certainly expected the stimulus, for instance, to produce more jobs than it has so far. >> let me ask you this, paul. of the three major legislative victories for this legislation, i want to put stimulus apart because when they came in, it was a very different time. but health care and financial regulatory reform, the response
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