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CNN
Jan 18, 2011 8:00pm EST
the world stage for decades. on the other side, china, poised to try to wrestle away that superpower title. first here are the big questions we're drilling down on. does osama bin laden now realize he made a grave tactical error when he attacked the united states on september 11th, 2001? perhaps the world's greatest authority in al qaeda has surprising new evidence on this question. >>> also, disturbing new information from the scene of last week's deadly rampage in arizona. gunman jared loughner's every action captured on surveillance camera. >>> and our lead story tonight, the visit of china's president. does president hu jintao's visit mark the beginning of the end for america's reign as the sole world power? >> china is clearly aware many americans fear it. the sheer size of the country, its awesome economic power, its increasing military might. so right now in times square, in the middle of manhattan, china is trying to ease american mistrust. the country has produced a 30-second commercial playing continuously on gigantic neon screens 300 times a day and also right here on cnn.
CNN
Nov 8, 2010 8:00pm EST
actually happened in britain. >> and we'll discuss what is happening to china as the president visits asia and what our relationship with the rest of the world is turning into. but first, i begin with a question, who's on first? no, i'm not doing abbett and costello for you, hu jintao. used to be the president of the united states, no longer. this is what is happening to the u.s. place in the world, and it goes beyond china, now leading the international effort to trash qe2, the last-ditch effort, the last arrow in our quiver to bring back our economy. >> china doesn't like the qe2. >> i thought it was a boat until recently. >> it's not only china, eliot, other countries, germany and russia have chimed in. they're upset with us. but we've got plenty of criticism right here at home in our domestic front, including from a well-known finance expert, who's just weighed in. >> who's that? >> sarah palin. >> oh, my goodness. >> let me read you what she's said. she put out a statement saying, "i means our government is pumping money into the banking system by buying up treasury bonds. and wh
CNN
Dec 14, 2010 8:00pm EST
to the wealthy. we're borrowing from china. how does this help us overcome our problems? >> i'm trying desperately to be a soldier here. you're tempting me to break ranks. my big problem is, of course as a republican, we're doubling down on a fail strategy. tax cuts didn't work. why are we so enamored with failure. we want to try something different and new that may work. i'm desperately trying to stay in line here, but you are making it very hard. a lot of this stuff is particularly the stuff with reference to the estate tax, why would americans have an unbelievably difficult time that we do in this which has no economic benefit to speak of, i have no idea. i'm at a loss for this. it was something that the republicans absolutely insisted on. the truth of the matter is, i will let them defend that more than a democrat. >> some members of the obama administration, including larry summers are saying this is a good thing. it is going to stimulate the economy. to not do it would have the opposite effect. what do you say to those people? >> this would be the same thing larry summers
CNN
Jan 7, 2011 8:00pm EST
facility in china ma makes ipods and iphones this past year added 300,000 jobs. that's one manufacturing plant in china compared to the entire u.s. economy the past month adding 100,000 jobs so the new normal in terms of trade, in terms of the global wealth creation that's so critically important, we are losing this battle and i think the answer to this long term has got to be education, things that take 20 or 30-year time horizon. this is a long-term transformation of our economy. >> this is a -- look. if you give stimulation to this economy, what happens is you give people money, they go into walmart, pay money for something, that money is immediately shipped to china because everything in walmart except for nuts is made in china. so it all goes to china. it is very tricky to have stimulation when the stimulus is going to china and all the enno vags out of silicone valley. mr. apple, i mean, mr. jobs, is a seen yus but where we get traction in the country is not quite clear but we have to have a better attitude between the president and the community. that's true. >> thank you, ben ste
CNN
Dec 10, 2010 8:00pm EST
$120 billion that we're going to have to borrow from china to spanned or give back to them. imagine if we used that on education. imagine if we used that on energy. bill gates and warren buffett oppose the tax reduction for the rich, because they know that $120 billion would be better spent in those other areas. >> well, because they've got more money than god. two people earning $250,000 per household don't consider themselves rich. >> i wish they would have gone with that case and stood with it. >> elliot, in many ways you're right in terms of making people feel good. but government is not about making you feel good. it's about getting things done. >> they're caving to the hostage takers and you're making yourself a hostage. you need to frame the debate. you say the republicans were tough -- >> do you think russ feingold didn't know what was at stake here? >> russ didn't want to do any of it. russ came at it from the other side. i think what you would have done was had -- look, the democratic senators and members of the democratic house were appalled, because the president didn't
CNN
Oct 9, 2010 4:00am EDT
issue of the rise of china, which is -- that's mixed, and i think in a lot of ways that's a good thing for the world even for us, but right now, the chinese are deliberately keeping their currency undervalued. in effect -- in effect they're subsidizing their exports and protecting against imports. it means they are quite literally stealing jobs from the rest of the world. things aren't always like this, but the way they are now, the chinese policy is predatory, destructive, and at the moment they see no reason to stop because no one seems willing to take action against them, but i'm willing. >> i've seen your columns, where you basically say to the white house, come on, to use our phrase, man up, get tougher. tim geithner mumbles a few words every now and then, and then nothing. >> they're afraid of two things, one which i think is wrong, the other i understand. they're afraid the financial markets would be upset. that's a terrible way to make policy, try to run your policy toyou know, to maintain confidence sort of unrelated to the realities. the reality is getting tough on china is t
CNN
Dec 6, 2010 8:00pm EST
government doesn't like global it turns out there's been a little bit of ego surfing going on in china. >> one thing that people need to know, especially americans about this incredibly diverse mosaic part of the world. there's a casm between the people of the middle east and the leaders of the middle east, and if we really want to know what's going on over there, we need to hear from the people. to transform your drink into a powerful cold fighter! there's a cold front moving in, but relief is on the way. into a powerful cold fighter! i'm bob kearn, president of coit cleaning services. these pictures are the history of my family and they're also the history of coit. we've been in business for 60 years and our greatest asset has always been our people. we use the plum card from american express open to purchase everything we can and with the savings from the early pay discount, we were able to invest back into our business by hiring more great people like ruben here. how can the plum card's trade terms get your business booming? booming is a new employee named ruben. and then there's m
CNN
Dec 29, 2010 4:00am EST
foreign markets in china in particular are driving this pricing. can you explain what that is doing in the marketplace? >> we have never produced in the world more than 85 million barrels a day. the global system just has not been able to produce more than that. meanwhile, china, you are absolutely right, there are more than 30 million new cars on the road in china in just the last two years. over the next two years, there will be another 30 million cars on the roads of china. and it's india. it's malaysia. it's the whole asian growth syndrome which is spiking oil demand unprecedented. by 2012, we're going to need about 90 million barrels a day to meet daily global demand. we're stuck at 85. and then the u.s., we're actually going to be in decline because of the moratorium in the gulf of mexico. so global demand drives the crude oil price. crude oil price drives the gasoline price in the united states. >> john, you are recommending we go back to 1970 levels of producing 10 million gallons a day -- a year? >> 10 million barrels a day. >> excuse me, a day, exactly. and so if we were doin
CNN
Dec 1, 2010 8:00pm EST
. ben is global access-- china and beyond. ben is a smarter supply chain. ben is higher margins. happier customers... everybody wins. logistics. exactly. see you guys tomorrow. t adththod it's dif - alcium crhea ♪ ♪ ♪ [ male announcer ] print from any mobile device so your ideas can be there even when you're not. introducing the new web-connected printers with eprint from hp. [scraping] [piano keys banging] [scraping] [horns honking] with deposits in your engine, it can feel like something's holding your car back. let me guess, 16. [laughing] yeeah. that's why there's castrol gtx... with our most powerful deposit fighting ingredient ever. castrol gtx exceeds the toughest new industry standard. don't let deposits hold your car back. get castrol gtx. it's more than just oil. it's liquid engineering. we've saved people a lot of money on car insurance. feels nice going into the holidays. ohhhh.... will you marry me? oooh, helzberg diamonds. yeah, well he must have saved some money with geico. reminds me of the gecko mating call. really? how does that go? shoo be doo be doo. ge
CNN
Nov 19, 2010 4:00am EST
president to get a whole lot more aggressive about china and currency issues and with the world trade organization. don't you think the white house needs to get more aggressive? >> absolutely. there is a cultural -- what's particularly fascinating here is while we are being told, wait a minute, we have to understand china, the chinese are attacking ben bernanke for daring to put america's need for economic growth on the table and the chinese central bank said, america, you have to worry about the rest of the world. i was particularly struck that a group of republican economists including reagan and bush appointees specifically sided with the foreign central banks explicitly in attacking bernanke. let's give an example about china which has nothing to do with fair trade, et cetera. one of the areas where america does well is int lech chal property in movies, songs, software. piracy is rampant in china. when we try to get them to enforce that we are told, well, you know, it's hard to enforce. make it clear. if the pirated dvds, movies and software were attacking the chinese come mist pa
CNN
Dec 7, 2010 4:00am EST
china. >> one thing that people need to know, especially americans about this incredibly diverse mosaic part of the world. there's a casm between the people of the middle east and the leaders of the middle east, and if we really want to know what's going on over there, we need to hear from the people. >>> everybody in the world is reading wikileaks, but not if you work for the defense department or the state department. the federal government has said their employees can only read wikileaks only if they have security clearance. even though our kids are reading it. i have the document right here that is causing buzz around the world. >> in china they've been trying to block google all together. they call it the great firewall of china, get it? >> i kind of like it. is it going to work? >> i don't know. we'll see. not only are they sensoring google, they're even trying to sabotage china's google operation. how do we know this? from wikileaks, of course. >> here's the fun part, while the chinese bureau is trying to keep people from connecting to the outside world, guess who's googli
CNN
Oct 26, 2010 8:00pm EDT
nation which is our trade deficit with china. if you look at this chart it's just a descending line every year it is getting worse. this year 2010 it will be about $260 billion. how does this factor into the joblessness? >> well, because it is debt. but it's debt that's stealing jobs from american shores. that kind of number doesn't occur without us having predated it with the offshoring of literally millions of u.s. jobs. and when you have so many unemployed, when you have so much income inequality, you have to keep that engine alive somehow and so you overborrow. and china is using our overborrowing to send us these goods at subsidized prices. illegal trade practices, currency manipulation, environmental practices that run amok. >> here's the thing. we all know trade -- bashing foreign nations is easy in a political season and saying unfair trade practices is easy. but you and i both grew up understand economics. trade is good but not when there's an unfairness. how are the chinese gaming the system right now? >> well, nobody that i respect is against free trade. but everybody i r
CNN
Dec 18, 2010 4:00am EST
perplexing. >> i'm with you. we're borrowing money from china to give it to the rich in a way that will not create jobs. what would you have done? what would you prescribe for the economy now not only to deal with the immediacy of the deficit issue, but also to transform the economy because we know every year we are less competitive, vis-a-vis our foreign competitors from china to india to brazil. what should we be doing? >> the thing that really struck me in the last couple of weeks it was only mentioned a little bit was this international comparison of test scores. american kids and abroad on 15-year-olds in science, math and reading. so in math, the united states came out 31st. who came out number one? shanghai, china. in reading, we came out something like 17th, if i remember correctly. who came out number one? shanghai, china. in science, we came out something like 20th. who came out number one? shanghai, china. what are we doing? if we don't educate the population if we don't help our kids get through high school and get through bachelors degree, how are we going to compete in the
CNN
Feb 22, 2011 8:00pm EST
radiates out to not only across north africa, but arguably to other parts of the world, look at china. how is the chinese government reacting? what are they thinking as they see this happen? >> everyone is reacting. the first and most interesting one i saw is robert mugabe just arrested 50 people in zimbabwe for watching television news about libya. the act of watching the libyan protests and violence was considered a crime in zimbabwe, because, of course, he fears it. china is the most important one. i tend to think china is somewhat deferent, because in the chinese case, you don't have a youth bulge, masses of unemployed youth looking for jobs and education and dignity. there is a real political dictatorship. on the other hand, the average chinese person's per capita gdp has quadrupled in a generation. so they at least have some outlets to satisfy the demands of the young. in the arab world, there have been almost no outlets, political, economic, or social. >> well, and will they be satisfied in these various country ifs jobs are part of the issue, food on the table is part of the issue.
CNN
Jan 26, 2011 8:00pm EST
night, but, you know, you turned down the state dinner with china's president hu jintao. >> i was meeting with him the next day. i was hosting him here in the capitol and i really didn't see any reason to go have dinner the night before and then host a meeting up here the next day of the i knew i would have my chance to talk to him. >> you don't want to see people two days in a row. do you not feel that you have a duty to show up to some of these functions. >> apparently a lot of people think i do so maybe the next time i'll reconsider. >> you have an idea about what the house needs to be. i know you wanted to restore honor to the house as you see it. tell us about that. >> well, the congress is broken and i think most americans realize that congress is broken. and over the last five or ten years, it's been evident to me that we're moving in the wrong direction. you know, in the last few years there were about five members who decided what the beginning of the bill looked like and the same five members who decided what the end of the bill was going to look like, coerced the proces
CNN
Nov 11, 2010 8:00pm EST
two statements have been the state endorsed ratings agency in china said the u.s. economic system doesn't work. we are downgrading the u.s. that is huge. then you had the german foreign minister saying i don't like the way the u.s. economy works. >> can i ask a question? did they know the mortgage debt was going to go bad, too? are they people we have to rely on, too. >> i think america does have to rely on them. they are huge consumers of huge u.s. debt. they have a good reason to be scared by the fed pumping money into the economy. it means america gets to pay china back and devalue u.s. dollars. >> don't worry about the fed pumping $600 billion into the economy in the way they are doing it. again, we benefit the people, the most resources, the banks. the same beneficiaries. aren't there other ways to do that? how about buying municipal bonds? surely, the fed has tools at its disposal rather than help build grass and the banks, again. >> it's not so much a question of whether the fed has other tools. it's a question of whether you are a believer in stimulus, there should be fisc
CNN
Jan 14, 2011 8:00pm EST
peninsula by north korea, what would we do? if china decided to invade taiwan, what would we do? iran decided to invade saudi arabia, what would we do? we are an under armed country. we can easily afford to be better arpd. -- better armed. i defy any historian to show me a country that disappeared because it spent too much on defense. >> let me first just to sort of put some numbers up on the screen. so the public can see. let's put up a chart that shows, these are real dollars, our defense spending over the past couple years. it is really, real dollars. real dollars, inflation adjusted. at its highest level ever. over about, as you can see, $700 billion a year which is 55% of the discretionary budget. this doesn't include the precise allocations for afghanistan and, and, and the iraq wars which are done separate. so you can see that steep increase, ben. we have been spending a lot morph you don't think there is any waste in there we can pare back on? >> there is waste in there. with all due respect the numbers may include a good chunk of the afghanistan and iraq war spending. the bas
CNN
Oct 5, 2010 8:00pm EDT
china. we're going to talk with smart folks about how we do that on the coming weeks on this show. >> look how effective that witch ad was. we're talking about serious issues and we have christine o'donnell to thank. >> that's right. she's saying to herself right now, she's getting this free press. >> yeah, let's move on. >> we should move on, but these are the issues and how are we going to move on? enter the arena? >>> joining us in the arena, two journalists who covered washington and politics for years. >> nice to see you. >> hi. >> all right. let me introduce you. katrina vanden heuvel, editor of "the nation." reihan salam, "national review" online and other publications. >> great to have you here. you heard us have this conversation about christine o'donnell's ad. what do you take of the slogan i am not a witch? >> the politics of kondsension have become important to a certain slice of the left. >> explain. >> the politics of, for example, take someone like a sarah palin. sarah palin is like christine o'donnell a very polarizing figure. she's a figure who has plus points, ne
CNN
Nov 20, 2010 4:00am EST
asking -- stay with us. >> anyone who believes, who accepts that mexico and china can do any of our manufacturing for us, i think, is mistaken. i think that's dangerous. that's head in the wrong direction. we have to have a vibrant, advanced manufacturing sector. >>> general motors stocks traded again yesterday for the first time since the $50 million bailout. since the company filed for bankruptcy, gm created or restored nearly 8,000 jobs. >> great news for the next guest. the mayor of lancing, michigan, home to two gm plants. he's joining us from art's bar and grill in lansing. thanks for joining us, mayor. >> my pleasure, thanks for having me. thanks for stopping in lansing. >> we'd like to come and join you right now. hope you're having a great time. >> we're gearing up for a holiday celebration, silver bells. and we feel great to have the wonderful news to have the incredible world record i po general motors. we're still first and foremost a gm town. we're an auto town. we always have been. we're diversifying and adding to our economy, but we're in no way we're giving up on aut
CNN
Nov 10, 2010 4:00am EST
that you can't continue to borrow money from china to pay for daily expenses. >> here is the problem. you have said as recently as today that you do not want to take a position on increasing the federal deficit level because you plan to go washington in january and propose a balanced budget. in order to close a budget gap in this next fiscal year we will have to cut 25%. >> you are mischaracterizing my position. we do have to look at social security and we do have to look at medicare. some of the cuts will be more gradual or will deal with younger generations. you have to have rules. we have had a pay as you go rule and they have broken it. within three weeks they evade their own rules. you need to have a balanced budget amendment or rule and they have to adhere to that. we have that in 32 states. you force the legislators to make difficult decision s s we are unwilling to cut military spending. you have some liberals who are deficit hawks and are serious and say i will cut military spending but not domestic. the bottom line is the compromises. you do have to look across the board. t
CNN
Oct 8, 2010 4:00am EDT
tries to think and build the democracy in china. >> the chinese government called the norwegian government saying if you give him the prize it will cast a pall over the relations. >> a reason to give it to him. it would be an additional reason to decide to give it to him. >> i think barack obama will be relieved to no longer be the holder of that prize. he looked so unhappy when he got it. i have never seen anybody receive a nobel prize and be like -- weighed down by it. >> the speech was read. >> it was beautiful. >> speaks great. he looked dejected. the ears were drooping. >> that's hard. >> frankly -- >> yes, i agree. arguably the last great speech he gave. >> yes, exactly. >> most recent one -- >> you didn't get a chance. >> i give to the supermodels when in doubt. what i would say is i'm not comfortable putting politicians up for hero worship. good politics is about politics and not people. people are flawed. >> right. >> good politics is about getting -- >> i have another question for you all when we come back. stay with us. >>> welcome back to our political party. i have
CNN
Nov 30, 2010 4:00am EST
jobs if the federal government wasn't spending money we borrow from china in the economy. here's a crazy idea, how about the american people? how about we eembrace the kind of tax reform i talked about today here at the detroit economic club. i think it's time not only to preserve all the tax relief on the books, but i think it's time for some dramatic bold tax reform in the form of a flat tax. i think a flat tax, which is now in place in 20 countries around the world, for crying out russia embraced a flat tax four years ago, a flat tax is exactly the kind of pro growth policy that would be an enormous tax cut for working americans. but it would be built on the principle that we want to encourage savings and investment and americans should only have to pay taxes on their income once. >> i know your time is short. hope you'll come back and i wish you well. by the way, when are you going to announce for the presidency? >> good to be with you, elliot. >> come on, you have to answer that last question for us. all right -- >> here in detroit, we've been encouraged and humbled by what we
CNN
Oct 19, 2010 8:00pm EDT
, tax breaks? the sense out there is that china is ahead of us in these sectors? >> if you want the jobs of tomorrow, make the products of tomorrow. that's solar panels, wind turbines, smart batteries. we invested. but you can't do it all on the federal dime. the real solution is to get the private sector involved. to make it happen you have to have the rules in place to give them the incentives. we didn't get across the finish line with the senate. >> what are specifically clean jobs? >> putting up solar panels, building solar farms, manufacturing wind turbines which have 8,000 finely machined parts, as much steel as 26 cars. put your auto workers to work making wind turbines. we have a saudi arabia of wind energy in america. not just in the planins states, off the coast. >> this is what we want but everything i read says solar panels and turbines, china is doing the manufacturing. we are doing design work but importing it rather than producing it. >> let me tell you why that is. if you wanted to build a factory to produce wind turbines, the number one thing you need is not incenti
CNN
Jan 20, 2011 8:00pm EST
radio show, he did his imitation of china's president hu jintao. take a listen. >> hu jintao, he was speaking, and they weren't translating. they normally translate every couple of words. but hu jintao was going -- [ speaking gibberish ] nobody was translating. buts that the closest i can get to it. >> wow. how do you even react to that? here to talk about this and other examples of toxic rhetoric, cnn computer john. thanks for being here. >> we just heard rush limbaugh. we know he's an entertainer. he's not a spokesman for the state but really. >> talk about reinforcing every negative stereotype in the book, but that's his game. again, you can argue that rush limbaugh is an entertainer, but he's also a political leader without real responsibilities. and we're living in a time where politics is following the talk radio model, conflict, fear, tension, and resentment. there's no such thing as too extreme. that's part of the cycle we're in now. >> doesn't he have to make a choice? in other words, when comedians do certain things, they are given greater latitude. as you pointed out, rush
CNN
Oct 25, 2010 8:00pm EDT
deeper in debt by the chinese and we'll all end up being owned by china. >> the presentation of it is really malicious and clever, it speaks to a fear that anybody who ever reads a column that thomas friedman writes in china would have, these guys are putting together engineering graduate schools. these guys are making big investments in infrastructure. we're having food fights. in that sense, plays into real fears we have, which are based on something quite substantive. >> it's very effective. >> it's very effective. >> the republicans do fare very well. and obama has been trying to do fear a little bit, trying to say the democrats are trying to say, we may be scary, but they're scarier than we are. they're not being -- they're not pulling that off, why is that? >> nothing is more effective than appealing to people's fears of some external minutes. the fact of the matter is,you have to chose what you're going to couch that as being, and maybe saying it's going to be a matter of national failure on an abstract level is less effective, if we're just going to talk about effective, than
CNN
Dec 10, 2010 4:00am EST
money, probably from china, and they are going to replace the money in the social security trust fund. there are ai lot of questions about breaking down the fire walls with social security and those tax cuts go to everybody. $2000 each, millionaires, with a reduction in the social security tax. we do not believe these are targeted things that will provide jobs. we don't think they are fiscally responsible. this needs ton as small as possible, create as little deficit as possible and produce the most jobs. >> this seems to be a terrible blow to the president and his stature. does he have any influence over congress right now. >> well, look, you know, we had a representative down at the white house who thought, chris van hollen, that he was involved in the negotiations. he had been sent there at the request of the president. what he found out was that there was a unilateral discussion between the vice president and mitch mcconnell, the republican minority leader of the senate who designed the package while he was in what he thought were negotiations. we think we can get a much bett
CNN
Dec 2, 2010 8:00pm EST
. logistics? think--ben is new markets. ben is global access-- china and beyond. ben is a smarter supply chain. ben is higher margins. happier customers... everybody wins. logistics. exactly. see you guys tomorrow. >>> welcome to our political party where we invite steven a. smith to only seems to be four feet tall, he's actually all legs. he has his own syndicated radio show and a former speechwriter for condoleeza rice and looks beautiful in blue. >> well, thank you. >> and sam who hosts the internet radio report. all right. 80-year-old charlie rangel was on the floor of the house of representatives today pleading for his political life. it was an impassioned statement. let's take a listen. >> i was in korea as a young 20-year-old volunteer in the second infantry division and su subzero weather, we were attacked and there were hundreds of casualties, wounded and killed, captured. glares and screams were heard and i was wounded and i had no thoughts that i would be able to survive. >> all right, guys. does he persuade you? should charlie be shown the exit or has he persuaded you he deserves t
CNN
Dec 14, 2010 4:00am EST
just remarkable. he understood that this was not just u.s./russia or u.s./china. there were so many other conflicts that could through mediation, use of force, trade, good resolutions could be brought to the forum. that's what he did over and over again. >> yes. and i think even while out of government through the international rescue committee which he worked very, very hard at, through any number of written articles or tv appearances, richard was someone who really believed that the united states had to stay engaged in the world. that american diplomacy was unique. and i remember during the dayton accords the thing that he showed a lot of people is that we could keep russia and europe consulted with but it really required american leadership if we were going to get this done for so many years before that people said oh, bosnia, let's let the europeans take care of it. jim baker famously said we don't have a dog in that fight. that's up to the europeans. what richard understood was as madeline albright called it the united states as the indispensable nation. without american involv
CNN
Jan 21, 2011 8:00pm EST
bailed them out. then he's dealing with china selling what will give away critical export industry. is that a problem? >> there are issues. back in 2008 during the financial crisis during the freeze of the credit markets, no one was able to make deals to get money. we did this for a lot of companies. general electric being industrial and being a financial firm did benefit from that at the time. the other issue in terms of aviation, remember that general electric is the biggest buyer of airplanes in the world. more than any other airline. most airplanes you fly on have general electric engines and by the way are leased by the airline from general electric and in some cases financed by general electric. there may be appearances of conflict but the reality is we actually need someone who does two things. one, can talk to his fellow ceos around the country saying what do we need from the government to take some of this money that's piled up on the sidelines and actually make factories and create jobs, number one. number two, he needs somebody to give the obama administration some legit
CNN
Oct 15, 2010 4:00am EDT
deficit with china, the highest in history. and here's the good news. if you work on wall street, listen carefully, guys, $144 billion in wall street pay, the highest ever funded by, you know, it, tax dollars and bailout checks. these guys don't even have the scene see to say thank you. they destroy our economy, cash the checks, leave the rest of us in the lurch. mr. president, that's the record. and in two-and-a-half weeks these midterm elections are referendum on your record. you know what, you gave the banks money, and you got nothing back. no relief for homeowners, no control on pay, no consumer debt relief. nothing anywhere that was good for real people. you have got to learn to stand up to them. we'll vote for somebody who stands up and fights, even if they're not winning yet. we're not going to vote for somebody who doesn't know how to fight. kathleen? >> boy, elliot, you're kind of tough on your own president. nothing like handling the midterm election -- i'm going to be just as tough. everybody keeps talking about president obama's communication dilemma. as if he could o
CNN
Feb 15, 2011 8:00pm EST
. in china, however, and so far in iran we see not just a strong regime but a regime that's ruthless enough to shoot people down, i think. >> how does that play out then as the contagion of revolution, which becomes the model for the public and which succeeds? >> the military institutions in iran and egypt are different. and each of the army has a fabled tradition going back to alny the early 19th century, defeating the ottomans. the egyptian army, especially after the canal crossing in 1973, has this sense of representing egyptian identity. and they -- they hew to this ideal of being the guardian of the nation. in iran, it's the revolutionary guard that is the ideological representation of post revolutionary iranian identity. and it represents the revolution, not the people. >> how important is this shift in consciousness is the fact that so many in the army and all of these countries is there are so many young people? is that a factor, the youth element of the army itself? >> well the youth issue in egypt is critical because you can't get married as young man if you don't have a jo
CNN
Nov 15, 2010 8:00pm EST
all of the $100 billion on research and development. ultimately you will only get china to say yes to cutting carbon emissions if solar panels and green technologies are cheaper. >> kyoto going nowhere, cap and trade seems to be knowing nowhere, a new direction is important. if you could pick one research area what would it be? >> this is exactly what i don't want. politicians love to pick, you know, favorite project. >> wait a minute. you are not being fair. not the politician, play your game with you. if you had $1 to spend, to dupe cost benefit where would you put it? >> thely i don't have $1. >> we have, at least a couple billion dollars. because researchers are cheap you should spread it across all these different areas because most of the areas are the not going to work out. but because the there are lots of different opportunities, some of them will. and those are the ones that are going to be powering the 21st centu century. we should be careful not to pick winners and fund all of these. >> now you are saying what i was saying before on the other side. because the cataclysm
CNN
Feb 25, 2011 8:00pm EST
shot across the bout of china. you've got bahrain and this hugely vast country of china. what are you talking about? >> the arab revolt or the arab awakening. but, you know, following tolstoi, every unhappy family is unhappy in its own way. bahrain is a different case from egypt, libya, algeria, yemen. it's a fairly rich state. it's by the standards of the region, a fairly pluralistic state, it's a minority sunni government with a shiite population. you have a revolution taking place -- >> lovie i the problem with the, they can look at egypt, declining standards of living, you know, go figure, this is the sort of thing that happens. but the proposition that the chinese are making is if we provide you with economic growth, you won't mind having your political liberties taken away. bahrain proving that's not the case. >> just like kids everywhere, they want everything and they want it now. >> thanks for being with us. >>> coming up next, the tea party wanted a seat at the table. now they've got one. do they start carving up the budget or pass the buck? a conversation with senator ra
CNN
Oct 19, 2010 4:00am EDT
china sea. it could make a second landfall this weekend in china or north vietnam. >>> sarah palin had a tough message for the gop establishment. politicians who are in office today, you -- some of you need to man up and spend some political capital to support the tea party candidates instead of doing this, waiting to see how everything's going to go. you know that the tea party candidates are constitutionalists, they have the common sense. some of these politicians, the bigwigs within the machine they're driving me crazy because they're too chicken to come out and support the tea party candidates. >>> in connecticut, the penalty phase began today in the trial of steven hayes, the same jury that found him guilty will now decide if hayes should be sentenced to death for the slayings of jennifer hawke-petit and her two daughters, hayley and michaela. hayes' defense attorney said his client is quite likeable but has struggled with drug addiction. we've been following this case closely on 360. now, back to "parker/spitzer." i realized i needed an aarp... medicare supplement insurance c
CNN
Feb 17, 2011 8:00pm EST
. i mean, people all over the world and korea and taiwan and china, all over the world, they put up nondemocratic systems as long as their living standards improving and kids' future would be better than theirs. people put up with nondemocratic systems. in the arab world, that was the case from the 1930s to the 1980s but when economic conditions slowed down and arab modern security state took hold in the 1970s and for 30, 40 years you have had arab security states and some cases authoritarian police states and people pushed back. people are -- what people are asking for, they're not calling for democracy that much and calling for dignity, justice, freedom. >> and economic opportunity. >> economic opportunity. this isn't a revolt all over the arab world of people want to affirm their humanity. they want to use all their human attributes, speak and debate, to read real news. to have the discussions. to hold people accountable. they're not talking about tax policy or israel or china or the u.s. they're not dealing with ideological or policy issues. they're dealing with basic human issu
CNN
Oct 16, 2010 4:00am EDT
ourselves competitive against china, germany, europe, japan. we can't do that with high tax rates. >> why do you call it a demand crisis or competitive crisis, we have to grow the economy. and we're not going to grow the economy with a republican policy which basically are all about cutting taxes, including for those making over $250,000. >> job creators. >> hold on a second. job creators. those include a lot of people on wall street who moved from making things to making things up. they're not exactly job creators, they're not wealth creators, they're just casino gamblers. that's one of the problems we're facing. you need to come to terms to with that and stop defending them. >> i'm for wealthy people. we need more wealthy people in this country. we need to make people rich. >> she was in favor of wealth creators, also producing value for their shareholders, for the stake holders, that's what's missing right here. that's what's hurting the middle class. and on top of it, you guys have to get serious about our military spending f you're serious about the deficit you cannot ignore the fact
CNN
Nov 11, 2010 4:00am EST
government needs to get his budget in balance or we're going to end up having china own the country. >> which they may already do. >> let's circle back then to two years ago. because if i hear you properly, you do not believe that the bailouts of the banks was handled properly? >> i think that was the waterloo, i think that was almost the point of no return. it was a terrible policy. >> what would you have done differently? we should have basically allowed whatever banks we have allowed to go down, if goldman-sachs had gone down, it will go down. i don't think the country would be worse off today if several of the banks had to go into receivership, we could have done that because that's why the fdic was set up and the taxpayer -- it was an urban legend that was fostered by panicky people on wall street including the bush and paulson in particular who said the next day the atm machines aren't going to open. that was never remotely possible and we ended up doing something, bailing out wall street that will make fiscal governance almost impossible for a decade to come. >> david we will
CNN
Mar 19, 2011 4:00am EDT
appeals coming from china, malta, germany, and turkey. they've been appealing for them to witness the situation here, to show that the government was observing the cease-fire. they said that they were choosing these particular countries because they thought they would be more sympathetic to libya's case, but it appears to indicate the intense frustration at the isolation that libya is feeling at the moment, that they are choosing these countries and appealing for them to urgently to come to libya and to prove their claims. >> right. and amid all of this, the meeting going on in paris concerning the no-fly zone, so we may see -- we could see even more fighter jets in the skies over libya after what has just occurred right now. is it true that we're not sure if this was an opposition jet or a government jet that was shot down, nic? any way of knowing? >> reporter: it's still not clear at this phase. the jets of the rebels -- that the rebels have had access to, the same as obviously the libyan air force. they were captured planes. as they had captured them they had reconditioned one
CNN
Mar 12, 2011 4:00am EST
storm over the next few days coming in. these coastal lows that come off china and hit gentleman pjapan, that. notice the barbs here, the winds will be coming in from the north, perhaps spreading anything that has leaked further to the south, the more populated areas here, including our good friends in tokyo. we'll have to watch that closely as the winds will shift once again. so we'll be monitoring that very closely here. of course, we're still monitoring, becky, the after shocks that continue, well over 180 right now across japan. we'll keep you posted on conditions there. >> thank you for that and the magnitude with the numbers there. after shocks always something you have to consider. some of them can be pretty scary at the best of times. ivan there with your forecast, we are going to take a very short break, i think. back after this. with your mortgage, want to avoid foreclosure. smart move. candy? um-- well, you know, you're in luck. we're experts in this sort of thing, mortgage rigamarole, whatnot. r-really? absolutely, and we guarantee results, you know, for a small fee, of cour
CNN
Oct 28, 2010 4:00am EDT
>> originally i thought it could be a million or two, but with china involved and the whole world involved, and the nba, it could be more, hopefully. >> larry: we're being seen all over the world right now. >> wow. >> larry: good luck, ron. >> thank you so much. >> larry: want to be a king? go to cnn.com/larryking and you might end up right here interviewi me. >>> good evening, i'm kathleen parker. >> i'm eliot spitzer. welcome. tonight in our opening arguments, kathleen, forget about it. that's what americans are saying to the president. no compromise. mitch mcconnell saying making him a one-term president is mission one. and mike pence, who was the third ranking republican in the house, is saying no compromise on any issue. back to being the party of no. >> well, the republicans have been very good at being the party of no. and actually, you know, it was a strategy and it's worked very well because guess who's coming to washington. >> it's worked for their electoral success but not for governing. the public is saying we want compromise. that's why even before the election, to he
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