Today's Situation Room:
Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.
Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.
August 9th, 2011
06:56 PM ET
Stocks rebound after 'bloodbath'
Poppy Harlow with CNNMoney breaks down the wild ride stocks took a day after suffering nearly $1 trillion in losses.
RELATED STORY: Dow soars 400 points in wild session
About this Show
The Situation Room with Wolf Blitzer is the command center for breaking news, politics and extraordinary reports from around the world. Tune in weeknights from 5-7pm ET on CNN.
In reality the situation we are in is very similar to a box of chocolates and you never know what your going to get unless, your all on the same page and see things in the same light.
Iam a very staight forward person and the question I have is why does the issue arise about the rich paying taxes now and why have they not been paying taxes all along? We know this creates jobs but it also tells me that since they have not been paying taxes, they have been using this money to make jobs in other counties when we as a country need this to grow. So outsourcing to me has HURT this economy greatly. What do you think?
I was watching your show today. I think one of the issues was a mismatch in stories. that seems to be happening a lot these dyas. Espacially in the states. Where everyone wants to have a voice. everyone cant speak all the time. everyone especially cant speak for everyone else all the time either. I believe ut was about jobs though. That can be misleading when you have a group feeling as though they have more of a handle on what's going on than the infact real movers and shakers(no dancing intended). When I was working at a shoe store a lot of people made remarks as to what I was doing there at my age. Ther was an over the top effort to get me out odf the there to a "Grown up" job. THose ametures did not notice theffect I would havwe on the location and house and children. Their excuse was that I had too mnay children. Come to find out I had jeath insurance for my whole famil and owned a better house than they did.
Had life insurance from the company...401k and made more money with time to jhave my own business. I learned that from a millionare who had a shoestore in boston. Then again after the court appearence. All of those who took part dissapeared. Buit the main question in the courthouse was. "How do you get paid?". Believe me they do not have enough money to rebound me on all of the asets they lost. Not to meation they tried to cover their ass with my partners in thwe professional feild and banking partners. Basiacally they were caught doing something illegal. Like children when they gat caught ...they run. That's exactly what they did in the court house. It was all about thrid party ,essages and excaping opuit of the office and or out of the court room when they saw mr coming. I know the law very well. I also know an insiders club. The one thing I do know is whehn someone is telling their side of a story to match their needs. One thing I can Remember when I was a youth and visited the FBI headquesrtes in DC was the guy who tols me. your better off sticking with your own. Fromt hat day on as Allah as my witness if you ask anyone who came across me. I never ever spoke another word in public weather in schools and or institutions. i learned a lot about a lot that visit. have a great day and a a good week.
Crooks and bad politicans in our gov. created this situation.We have to get rid of all the politicans and crooks in business and start over.Jim Thomas Phx.Az.
Start over is to clean the slate but this has been something we as Americans been dealing with for the last 15 years and its not the best decision made or to benefit this country.
Bad politicans create the environment but it also can be applied to how our government is being run now. This certainly would take time to clean the slate to who are the bad politicans and I am sure there are many if this sluggish economy who are not doing the duty they were designed to do.