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Jan 28, 2014
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i don't understand the pessimism., i'm not sugar coating the way things are, but there's a tremendous amount of financial data out there suggestive that the right things are being done. he needs to make that case. >> and do you believe that -- and i brought this up earlier in a conversation -- the housing market, for example, where it was in 2008 and the recovery that we're seeing in states that were hit very hard, you bring up the unemployment number, that it's down, and people will say, that's because people are no longer looking for work, and you have this back-and-forth. but to your point, understanding why there is such, i guess, rejection of some of the progress, is it that wall street is succeeding and people still believe that main street is being left behind, michael? >> well, see, that might be a reason why the white house doesn't want to make this case, because they're fearful that the reaction will be only those in the upper percentile are making it. you know, the stock market impacts a lot of folks' 401(k
i don't understand the pessimism., i'm not sugar coating the way things are, but there's a tremendous amount of financial data out there suggestive that the right things are being done. he needs to make that case. >> and do you believe that -- and i brought this up earlier in a conversation -- the housing market, for example, where it was in 2008 and the recovery that we're seeing in states that were hit very hard, you bring up the unemployment number, that it's down, and people will say,...
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Jan 29, 2014
01/14
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KNTV
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this continues a decade of pessimism, tenth straight year more people say we're on the wrong track than on the right one. brian, that's a grim backdrop for the president tonight. >> it sure is. chuck todd at the white house setting the table for tonight's speech. chuck, thanks. >>> members of our on air team are already assembled for tonight. that would include nbc's andrea mitchell and david gregory, moderator of "meet the press." david, given that grim backdrop, what's the republicans' kind of advance response to what we're going to hear tonight? >> they fired shots across the bough. if the president wants to go around the law and try to trample us, he's going to run into a brick wall. at the same time, the speaker says that republicans have got to become more of a party of better ideas, better solutions. they're thinking a lot about their game plan. still going to be a lot of health care. they still want to make a big push on health care. this is an election year after all. >> andrea mitchell, if you assume the state of the union is a wish list, let's consider the disconnect given wh
this continues a decade of pessimism, tenth straight year more people say we're on the wrong track than on the right one. brian, that's a grim backdrop for the president tonight. >> it sure is. chuck todd at the white house setting the table for tonight's speech. chuck, thanks. >>> members of our on air team are already assembled for tonight. that would include nbc's andrea mitchell and david gregory, moderator of "meet the press." david, given that grim backdrop,...
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there is pessimism about sales growth.vey said, cfos are forecasting 4.1% year-over-year sales growth. that is actually a survey low. we've run the survey four years, 15 quarters and that is the survey low. david: this is the smallest increase, there you see it, number three on that list there, sales growth, 4.1% but incredible thing that earnings are twice thaa. how can you double earnings of sales growth. >> great point. that is the trend. last few quarters of the survey. what we found is that the revenues have continued to pretty much flatten out but earnings have actually been pretty healthy. this quarter at 8.6% which is up a little bit from last quarter's survey low of 8% but still down from the survey average -- david: is that because of layoffs and because of tightening? there is limit how much tightening you can do to get earnings? >> cfos are pretty confident they can execute internal on cost controls. that is why we see internal optimism. david: the interesting thing, productivity come down a little bit in this
there is pessimism about sales growth.vey said, cfos are forecasting 4.1% year-over-year sales growth. that is actually a survey low. we've run the survey four years, 15 quarters and that is the survey low. david: this is the smallest increase, there you see it, number three on that list there, sales growth, 4.1% but incredible thing that earnings are twice thaa. how can you double earnings of sales growth. >> great point. that is the trend. last few quarters of the survey. what we found...
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Jan 3, 2014
01/14
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LINKTV
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i know the israelis as well as the palestinians are expressing their apprehension, skepticism, pessimism, but i feel on the ground things are moving quite well. i'm quite surprised and very respectful of the commitment represented by secretary of state kerry. in less than 10 months in office, he is always -- already visiting the region for the 10th time, more than anywhere else in the world. and the reason he is backed by president so strongly is because i believe he trusts the finally,ty to achieve after so many years, a comprehensive agreement between palestine and israel. and people feel they are getting closer to it. from the israeli point of view, it is security, mainly in the jordan valley. on what is going to become the border between palestine and jordan. israel would continue to like this border. palestine is saying no, sovereignty, sovereignty. it will control its borders. sides with others, some international presence will be controlling this border for a timeframe of 20 to 30 years. we are getting closer to a comprehensive agreement. the issue of jerusalem, which is a sensiti
i know the israelis as well as the palestinians are expressing their apprehension, skepticism, pessimism, but i feel on the ground things are moving quite well. i'm quite surprised and very respectful of the commitment represented by secretary of state kerry. in less than 10 months in office, he is always -- already visiting the region for the 10th time, more than anywhere else in the world. and the reason he is backed by president so strongly is because i believe he trusts the finally,ty to...
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Jan 31, 2014
01/14
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FBC
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the bubble and pessimism, i haven't heard that in a while. thank you so much. of you, jim swanson, and, of course, brian jacobson, wells fargo funds management group chiefful portfolio strategist. two bulls, two very smart guys, and we'll put those up on the facebook page. >>> the closing bell ringing in about five and a half minutes. we have much more on the super bowl coming up. we get a personal tour. have you seen this? this huge bud light ship that's serving as a floating hotel in new york. find out how more than 3,000 football fans will be spending the weekend. it's filling up fast right now. ♪ ♪ [ male announcer ] here's a question for you: is your tv powered by coal? natural gas? nuclear? or renewles like solar... and wind? let's find out. this is where america's electricity comes from. a diversity of energy sources helps ensure the electricity we need is reliable. take the energy quiz. energy lives here. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace w technology instead
the bubble and pessimism, i haven't heard that in a while. thank you so much. of you, jim swanson, and, of course, brian jacobson, wells fargo funds management group chiefful portfolio strategist. two bulls, two very smart guys, and we'll put those up on the facebook page. >>> the closing bell ringing in about five and a half minutes. we have much more on the super bowl coming up. we get a personal tour. have you seen this? this huge bud light ship that's serving as a floating hotel in...
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Jan 28, 2014
01/14
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KNTV
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the pressure on for him to address head on the public pessimism about what our government has or notn able to accomplish. recent poll numbers show the president will address the country with a 43% job approval rating, very tough to do. that's a tough number to rally the country on. and also they get worse. look at this poll which shows a huge level of dissatisfaction. 68% of americans say that the country is stagnant or worse off since the president took office. 31% say we're better off. 60% think the country is headed in the wrong direction and a huge 70% are dissatisfied with the economy. the most telling here it's not all on the president, whopping 81% of people disapprove of congress. so those numbers are what will make tonight's speech one of the most important of the president's career. on a brighter note bay area will be well represented at tonight's state of the union speech. the first lady is keeping wake-up the tradition of hosting americans in her viewing box and mayor ed lee will be one of those. he will have a prime viewing spot for the speech. the white house didn't say
the pressure on for him to address head on the public pessimism about what our government has or notn able to accomplish. recent poll numbers show the president will address the country with a 43% job approval rating, very tough to do. that's a tough number to rally the country on. and also they get worse. look at this poll which shows a huge level of dissatisfaction. 68% of americans say that the country is stagnant or worse off since the president took office. 31% say we're better off. 60%...
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Jan 28, 2014
01/14
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KNTV
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the pressure is on for him to address head on the public pessimism about what our government has or not been able to accomplish. poll numbers show the president will address the country with a 43% job approval rating. very tough. tough number to rally the country on and they get worse, take a look at these recent nbc news poll numbers which show a huge level of dissatisfaction. 68% say the country is stagnant or worse off since the president took off. 31% say we're better off. 6 of 10 think the country is headed in the wrong direction and a huge percent of americans, 70% action are dissatisfied with the economy. the most telling a whopping 81% disapprove of congress. so not just the president taking heat here. so the numbers are what make tonight's speech one of the most important of the president's career, on a brighter note bay area will be well represented tonight. the first lady is hosting three people you'll recognize in her viewing box for the speech, keeping wake-up the tradition of hosting extraordinary americans for the state of the union. first up is mayor ed lee who will have
the pressure is on for him to address head on the public pessimism about what our government has or not been able to accomplish. poll numbers show the president will address the country with a 43% job approval rating. very tough. tough number to rally the country on and they get worse, take a look at these recent nbc news poll numbers which show a huge level of dissatisfaction. 68% say the country is stagnant or worse off since the president took off. 31% say we're better off. 6 of 10 think the...
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Jan 29, 2014
01/14
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ALJAZAM
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it's a little tough to generalise but around the pacific north-west you'll find more optimism than pessimismjob prospects are good with numbers at the national average or better in some cases. construction, things are looking pretty good. home buying is looking positive, and international trade, if it remains strong will have a positive impact in the region. in the seattle area, the heavy waits, costcos, star bucks are driving things. >> our economy does better than other parts of the nation. personally, my family is doing well. i feel blessed. >> it's because we have young people. i don't know if that's true. that's the feel i get. >> i don't think they really - a lot of people realise how fast it can get bad if just few companies leave. >> now, some things to look for that could spoil the party in 2014 - china and international trade. if their economy slows and it has an impacts on commerce, that could have a bad effect on companies from oregon to alaska. the $15 minimum wage, that's is a battle fronts. if the seahawks lose a super bowl. that could have an effect on the sales and the foam
it's a little tough to generalise but around the pacific north-west you'll find more optimism than pessimismjob prospects are good with numbers at the national average or better in some cases. construction, things are looking pretty good. home buying is looking positive, and international trade, if it remains strong will have a positive impact in the region. in the seattle area, the heavy waits, costcos, star bucks are driving things. >> our economy does better than other parts of the...
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Jan 23, 2014
01/14
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KNTV
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based on what you know, what is your degree of optimism and pessimism? >> well, i am optimistic that the venues themselves, the closer you get to those venues, the official sites within sochi will be safe. because the russians have done so much and they're very hard targets. i am pesz ms. -pessimistic beyod the sites, places like volgograd, the mass transit leading to sochi that is vulnerable for the russians. >> i'll put it this way, forgive the personal terms, if your wife and children were ticketed to go to the olympics, how would you feel about that? >> i feel pretty good about that as long as they were staying in sochi, but if they were taking the train throughout russia, plak -- places like that are vulnerable. i think moving towards the olympics, the terrorists who probably launched that attack have every incentive to try to do so again. >> are you at all optimistic about the cooperation between the u.s. and russia? is it improving? >> i think it is better, especially after the boston marathon bombing. the russian and u.s. officials have gotten cl
based on what you know, what is your degree of optimism and pessimism? >> well, i am optimistic that the venues themselves, the closer you get to those venues, the official sites within sochi will be safe. because the russians have done so much and they're very hard targets. i am pesz ms. -pessimistic beyod the sites, places like volgograd, the mass transit leading to sochi that is vulnerable for the russians. >> i'll put it this way, forgive the personal terms, if your wife and...
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Jan 23, 2014
01/14
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ALJAZAM
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i any there's a great pessimism, the fear is there is no reason, not enough pressure for asaad to stop the violence, and that's what the u.s. and the u.n. are trying to talk about, they are trying to find pressure points and the reason that is relevant, and so important to get this process going is that president obama has all been taken the military option off the table. every interview he gives for example, he is talking about how he is glad not in another middle eastern war, so given that that army -- or sorry military option isn't on the table, then what do you have to do to get asaad to realize that he can't continue this violence? and what the u.s. is p howing is to isolate him. to try and get the trap going, and try to isolate asaad so much that he feels like he can't act with impunity. up and till that happen as lot of people here say it doesn't matter where happens. it doesn't matter what the two talk about, because asaad still has enough power to continue this violence, which means the opposition will be forced to continue, and the cycles we have seen for three years that hav
i any there's a great pessimism, the fear is there is no reason, not enough pressure for asaad to stop the violence, and that's what the u.s. and the u.n. are trying to talk about, they are trying to find pressure points and the reason that is relevant, and so important to get this process going is that president obama has all been taken the military option off the table. every interview he gives for example, he is talking about how he is glad not in another middle eastern war, so given that...
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Jan 29, 2014
01/14
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KNTV
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and then of course there is the pessimism about the president himself. a lot of folks in our survey, 59%, think that the rest of his term they're feeling uncertain or pessimistic about it. only 40% feel optimistic and satisfied about the years that remain in his term. this is the backdrop. it's pretty grim backdrop that the president has. and this state of the union in many ways, brian, i would argue, this is his last one that he's got a chance to truly own the agenda here in washington. it's a tough task he's got ahead. >> so david gregory, to coin a phrase, this is our country. how much longer do we put up with, you know, a decade of pessimism about our direction? what is going to happen? >> well, and it's so interesting because the economy is getting better. that's what this president had to do. he had to make the economy better, yet he is not getting a lot of credit for it. chuck is exactly right in terms of what he is describing, yet the president has over a thousand days in his term. because as you mentioned 2013 was such a bad year for him, there
and then of course there is the pessimism about the president himself. a lot of folks in our survey, 59%, think that the rest of his term they're feeling uncertain or pessimistic about it. only 40% feel optimistic and satisfied about the years that remain in his term. this is the backdrop. it's pretty grim backdrop that the president has. and this state of the union in many ways, brian, i would argue, this is his last one that he's got a chance to truly own the agenda here in washington. it's a...
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Jan 21, 2014
01/14
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KCSM
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mm well now they sit her in hairspray has an air of pessimism to it that the stock despite doubts will we have something to celebrate when the fourth anniversary at paris brain comes to mind. i do say i don't know maybe or maybe that's because matt took linking teacher she is not really be necessary in the movie too. you know some of their democrat seats changes since the revolution so much easier to take place compared to post a revelation. change is simple says. the current arab countries needed more are needed to mop sd frantically v fixture since it's a moral purpose and allies in the elite series staying out of the teeth and more moderate the sunny with an ac sensory experience though negotiations and said two months. and more are ably bureaucrat to eat this state agencies and find the middle of london to leave the centers in atlanta center says i'm not really come to see that it democracy and the reason. i will well said think so much comfort for your time tonight. thank you fan fan. fan. the us and the most athletes as ever sent to the winter olympics the ceremony will be held o
mm well now they sit her in hairspray has an air of pessimism to it that the stock despite doubts will we have something to celebrate when the fourth anniversary at paris brain comes to mind. i do say i don't know maybe or maybe that's because matt took linking teacher she is not really be necessary in the movie too. you know some of their democrat seats changes since the revolution so much easier to take place compared to post a revelation. change is simple says. the current arab countries...
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Jan 26, 2014
01/14
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CSPAN
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looming beginning of war and conflict in southeast asia (americans with a real sense of despair and pessimism. it was aseatles came, one person said, so many more people would rather follow the beatles and the baptist because the beatles look like they were going somewhere and the baptist look like they were sorry they had been. [laughter] man whoe was a young saw the beatles on ed sullivan, completely taken by what he saw. said i would like to be the fifth beatle. it was one problem -- he didn't know how to play the guitar. work towardto having a guitar. didthree years, he everything possible to get a guitar. he couldn't get one because he couldn't afford it. after three years, this young man's parents were tired of hearing him complain how he wanted electric guitar, so they ordered an electric guitar from the jcpenney mail-order catalog and presented to him for christmas. it at the time, but they spent $99 on the guitar and amplifier that came with it. no idea how edge that represented to them, but it took them a year to pay for it. they paid a little bit each month for one year until they
looming beginning of war and conflict in southeast asia (americans with a real sense of despair and pessimism. it was aseatles came, one person said, so many more people would rather follow the beatles and the baptist because the beatles look like they were going somewhere and the baptist look like they were sorry they had been. [laughter] man whoe was a young saw the beatles on ed sullivan, completely taken by what he saw. said i would like to be the fifth beatle. it was one problem -- he...
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Jan 1, 2014
01/14
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KQED
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this is after two months of pessimism triggered by the government shutdown. the conference board's consumer confidence index notched up sick points. >>> that shutdown didn't stop new laws from getting passed. at the stroke of midnight, just like every new year, many of them will go into effect. and in 2014, many of those laws, state and federal, will have a major effect on low wage workers and on the individuals and businesses which employ them. jane wells explains. ♪ >> reporter: new year, new laws. [ chanting ] >> reporter: and beating back the boss attack is at the top of the list. 2014 will see the minimum wage rise in more than a dozen states led by washington, oregon, and california, all at $9 an hour or higher. it will hit the restaurant industry hard. >> we've seen things like dollar menus going away by and large or other increased pressure on the price that the consumer actually is going to end up paying. >> reporter: another new law will affect restaurant workers in a different way. tips which are often automatically added to the bills of large part
this is after two months of pessimism triggered by the government shutdown. the conference board's consumer confidence index notched up sick points. >>> that shutdown didn't stop new laws from getting passed. at the stroke of midnight, just like every new year, many of them will go into effect. and in 2014, many of those laws, state and federal, will have a major effect on low wage workers and on the individuals and businesses which employ them. jane wells explains. ♪ >>...
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Jan 22, 2014
01/14
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WJLA
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and there's deep pessimism that anything concrete will come out of the talks. even while they were bickering in switzerland all day, they were still dying in syria. terry moran, abc news, london. >>> and back here, at home tonight. an update. a surprising turn in a case that made headlines across this country. you'll remember the older man accused of shooting a young father who was texting the babysitter during the movie preview? well, tonight, abc's matt gutman tells us about the new twist in his defense. >> reporter: nicole oulson, speaking out for the first time, describes the moment her husband, chad, was killed after texting in a movie theater. >> and just to think that in the blink of an eye, my whole world just got shattered into a million pieces. and now i'm left trying to pick them up. >> reporter: the oulsons were enjoying a rare night out. >> i was so excited and looking forward to spending the day with the love of my life. >> reporter: before the movie started the screen lit up with a familiar announcement turn your phones off. chad oulson sent one
and there's deep pessimism that anything concrete will come out of the talks. even while they were bickering in switzerland all day, they were still dying in syria. terry moran, abc news, london. >>> and back here, at home tonight. an update. a surprising turn in a case that made headlines across this country. you'll remember the older man accused of shooting a young father who was texting the babysitter during the movie preview? well, tonight, abc's matt gutman tells us about the new...
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complicated i mean there's a lot of things a lot of factors that went into creating this atmosphere of pessimism or uncertainty and we had horrible external.
complicated i mean there's a lot of things a lot of factors that went into creating this atmosphere of pessimism or uncertainty and we had horrible external.
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Jan 5, 2014
01/14
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CSPAN2
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first of all, pessimism is self-fulfilling. so you act like change is impossible, it's impossible. the only thing we control is what you do. so if you're alive you have to have optimism to pursue life. one big problem we have, all of us, is that it's very easy to look at things right now as they exist in your immediate memory and assume those are the way things are going to be. and no matter what the situation, it's very paralyzing thing. then we look at history, what we see today in america, all sort office pressures untenable. the growth of poverty. the massive inequality. the corruption. the climate. things have to be addressed. doesn't mean it will be positively. could be negatively. but the status quo cannot good on forever, and it's going to change. we want to understand it. so when the crisis is more pronounced, we're able to interject and have positive change, and something has to change. one estimate i had from graduate school, so i've never been a midst. a professor at the university of washington, a white south africanan and he and his wife moved to the united states and
first of all, pessimism is self-fulfilling. so you act like change is impossible, it's impossible. the only thing we control is what you do. so if you're alive you have to have optimism to pursue life. one big problem we have, all of us, is that it's very easy to look at things right now as they exist in your immediate memory and assume those are the way things are going to be. and no matter what the situation, it's very paralyzing thing. then we look at history, what we see today in america,...
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pessimism or uncertainty you know we had horrible external conditions we had threats of another meltdown in the mouth both internally and externally. we had the start of the anti corruption drive which again introduced more uncertainty about people's future so everyone sort of stepped back and waiting to see what happens and if investment picks up then that will become a driver or rather it needs to pick up because we need that as a driver the consumer story has been the driver it continues to be the slowing is losing its pop essent stagnation of the economy still grew just was basically flat and most economists the consensus is up to three percent g.d.p. growth this year so it will be slightly different than last year and we're going to see i think the reason i said that is because you would expect much more from the russian economy if you look in the past five to seven years i mean it was doing actually last year was the exception to the last seven years right yes so i don't see that improving so what i see i don't see the global economy really accrue improving to such a degree that it
pessimism or uncertainty you know we had horrible external conditions we had threats of another meltdown in the mouth both internally and externally. we had the start of the anti corruption drive which again introduced more uncertainty about people's future so everyone sort of stepped back and waiting to see what happens and if investment picks up then that will become a driver or rather it needs to pick up because we need that as a driver the consumer story has been the driver it continues to...
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Jan 28, 2014
01/14
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BLOOMBERG
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there is a lot of pessimism. >> you look great on instagram. >> imagine what you can do with it whent becomes your wallet. quakes here is the other question. you can pull up another phone. they can do that now. a couple of years ago they could not. >> from high-tech phones to high-tech cars. industry loves showing off. how made of these things actually make it to the streets? we will tell you. and time warner/comcast. we will break down this potential blockbuster deal. ♪ quakes it is 26 minutes after the hour which means bloomberg tv is on the markets. i'm mark crumpton. interesting day, a turnabout from yesterday. the dow jones invest -- dow jones industrial average up .41%. the s&p is at 1780 eight. nasdaq is trending lower. a couple of movers we are keeping our eyes on. first, herbalife. shares are dropping after the new york post reported that canadian regulators are investigating the company over complaints that it has a pyramid structure. herbalife is already facing scrutiny in the u.s. and china over similar charges. we are also watching apple. shares of the tech giant are fal
there is a lot of pessimism. >> you look great on instagram. >> imagine what you can do with it whent becomes your wallet. quakes here is the other question. you can pull up another phone. they can do that now. a couple of years ago they could not. >> from high-tech phones to high-tech cars. industry loves showing off. how made of these things actually make it to the streets? we will tell you. and time warner/comcast. we will break down this potential blockbuster deal. ♪...
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Jan 12, 2014
01/14
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CSPAN2
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the point i always make, when you surrender to despair and pessimism, and the system is rigged-ism, what are you saying to our brothers and sisters who fought for over a century for emancipation of slaves, fought and died? that are you saying to the women and some men who fought for almost a century for the vote for women. the cliche, by now a cliche, that the moral arc of the universe is long but benz towards justice, is also a truism, and power is a very mysterious thing, and where the pressure point will be revealed are only evident to us in retrospect, and smart people will keep on trying to find those and we'll try to follow them. >> i love your question. it's a question i want to have. in every room we go into. we never -- we have been across this country, from the -- all up and down the east coast, midwest, california next week, and we never go into a room where people say, boy, we don't like your ideas. we think your analysis is wrong and we think your proposal to fix things are wrong. that's not what we hear. we hear, we agree with your analysis, agree with your ideas. we just d
the point i always make, when you surrender to despair and pessimism, and the system is rigged-ism, what are you saying to our brothers and sisters who fought for over a century for emancipation of slaves, fought and died? that are you saying to the women and some men who fought for almost a century for the vote for women. the cliche, by now a cliche, that the moral arc of the universe is long but benz towards justice, is also a truism, and power is a very mysterious thing, and where the...
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Jan 7, 2014
01/14
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BLOOMBERG
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months, it will be tough after the election, a lot of political noise, but when there is extreme pessimismill from high quality companies at very cheap multiples, most of them we actually like the banking space now. and i think some of the banks are getting more interesting. but our largest position is really in energy. petrochemicals, the largest shareholder, it is well funded and has no four x risk. the company is in the midst of a major investment cycle to become vertically integrated over the next three years. >> tripping into downtown, pretty good pick. thank you for coming in. a partner there and global portfolio manager. when we come back, futurists made purchases in the cloud on image-based recognition platform companies founded by former google engineers. we will give you the larger context of how it fits into the social media companies, next. ♪ >> social networking site pinterest has just acquired an image recognition search business tom start up created by two former google engineers. with me now from san francisco, people curate, share millions of pins each day, why did pintere
months, it will be tough after the election, a lot of political noise, but when there is extreme pessimismill from high quality companies at very cheap multiples, most of them we actually like the banking space now. and i think some of the banks are getting more interesting. but our largest position is really in energy. petrochemicals, the largest shareholder, it is well funded and has no four x risk. the company is in the midst of a major investment cycle to become vertically integrated over...
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126
Jan 29, 2014
01/14
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BLOOMBERG
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there is a lot of pessimism. >> you look great on instagram.k thompson, ask what you can do -- >> imagine what you can do when it becomes your wallet. >> here is the other question. you can pull up another phone that can do that now. a couple years ago there were things you could not do. >> from high-tech phones to high-tech cars. the auto industry loves showing off. how many of these things make it to the streets? we will tell you, coming up. and, time warner, charter, comcast. we will break down this potential blockbuster deal. ♪ >> this is "lunch money" on bloomberg television. also streaming on bloomberg.com, your tablet, and smartphone. i'm adam johnson. in today's moving pictures, where the video is the story, the prime minister of the ukraine has stepped down. he says he hopes his resignation will diffuse the country's political crisis and put an end to two months of violent protest -- clashes between protesters and police. our slater, lawmakers repealed anti-protest laws put in place by him. 50 workers marched into a wholesale market in
there is a lot of pessimism. >> you look great on instagram.k thompson, ask what you can do -- >> imagine what you can do when it becomes your wallet. >> here is the other question. you can pull up another phone that can do that now. a couple years ago there were things you could not do. >> from high-tech phones to high-tech cars. the auto industry loves showing off. how many of these things make it to the streets? we will tell you, coming up. and, time warner, charter,...
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Jan 28, 2014
01/14
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WRC
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this pessimism has been so evident over the past ten years, according to our poll. >> this is nothing new? >> nothing new and goes all the way back to 2004. >> before the obama administration? >> yeah. >> another finding, 68% of americans say the country is either stagnant or worse off. the president is expected to talk about that and have an action plan tonight. is that right? >> that's right. you know, those poll numbers are kind of striking. a lot of the economic evidence to the contrary where people point out that the u.s. economy, stock market, all these things are so much better than where they were in 2008 and 2009. one of the thing that is president obama -- one of his tasks is to tell the american public that's so disappointed and dissatisfied to say, look, things are better. it's up to us to actually, in congress and in washington make things better. but this country is improving. >> poll also says it's not just the president's fault. right? >> right. in congress, approval rating is at just 81% disapprove of congress. >> 81% disapprove? >> right. president obama's numbers ar
this pessimism has been so evident over the past ten years, according to our poll. >> this is nothing new? >> nothing new and goes all the way back to 2004. >> before the obama administration? >> yeah. >> another finding, 68% of americans say the country is either stagnant or worse off. the president is expected to talk about that and have an action plan tonight. is that right? >> that's right. you know, those poll numbers are kind of striking. a lot of the...
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Jan 20, 2014
01/14
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FBC
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. >> well, you know the eeyores of pessimism i have call them are always looking for another reason toloser look at the 10,000 who are turning 65 every day, i think it will give us a clearer picture of exactly what we're looking at in the future. just, as you mentioned, baby boomers are 20-year generation. eeeryone born between 1946 and 1964. this is a pretty long time period. it is 20 years. and so anybody between the age of 49 today and 67 is considered a baby boomer. so any given year for the next 20 years, only about 5% of the baby boomers will be retiring. so, that isn't a giant event, one-time event that is going to cause a rapid selloff in the market. the second thing to look at when we look at the 10,000 baby boomers turning 65 every day is that overseas investors are becoming more and more a part of the u.s. stock market. tracy: yeah. >> so for example, in 1980, 6% of all stocks, u.s. stocks, were owned by foreign investors. by 2012, it was 21%. so this trend will continue. the growing global middle class is going to diversify their stock holdings like we do here by buying for
. >> well, you know the eeyores of pessimism i have call them are always looking for another reason toloser look at the 10,000 who are turning 65 every day, i think it will give us a clearer picture of exactly what we're looking at in the future. just, as you mentioned, baby boomers are 20-year generation. eeeryone born between 1946 and 1964. this is a pretty long time period. it is 20 years. and so anybody between the age of 49 today and 67 is considered a baby boomer. so any given year...
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Jan 18, 2014
01/14
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ALJAZAM
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being kept in the dark, and today as you can see the people here, you can breathe a mood of cautious pessimism, and as you can see there are not many people. that means they're really waiting for the outcome of the meeting on tuesday. >> live for us, claudio, thank you. >>> and more to come from europe in the news hour a little later, including sex workers in germany question new reform to the country's prostitution laws. >> the vatican has dismissed 400 priests between 2011 and 2012 for abusing children. it is a dramatic increase pope francis called the crimes the shame of the church. for more on the vatican's response we'll joined by michael welsh, a papal historian. why do you think these numbers seemed to spike in 2011 an and 2012. what is the reason for those rise. >> well, i have no idea, and the vatican has no idea. they don't know why it has spiked. i hope spiked is the word. i hope this is the largest number, but the likelihood is that it will go down from now on. but we have to be careful with these figures. i think it's 384 to be precise, priests have returned to the lay status or d
being kept in the dark, and today as you can see the people here, you can breathe a mood of cautious pessimism, and as you can see there are not many people. that means they're really waiting for the outcome of the meeting on tuesday. >> live for us, claudio, thank you. >>> and more to come from europe in the news hour a little later, including sex workers in germany question new reform to the country's prostitution laws. >> the vatican has dismissed 400 priests between...
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Jan 23, 2014
01/14
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CNBC
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is there too much pessimism? >> hi, julia. i think so. we are in the middle of a transition in brazil and we had an economy which was led by the consumer for the last 15 or so years since 1994 and we're now going through the pains of transition that model of investment into infrastructure to become a more efficient economy, productivity and so on and so forth. there are signs we seem to be moving to that direction, as you said we have raised rates to tame inflation, the government has scaled back some fiscal incentives xwichb s given to t consumer, and there are signs we hopefully are moving toward the investment model as opposed to consumer model. >> you're headed in the right direction as far as you're concerned but from an outsider looking in, too much state involvement, concerns of instability over the election. why should investors come to brazil in 2014 when there's other options in emerging options out there? zmt fund mems are solid, the natural resources are still there, 250 million people market and prices have adjusted as well,
is there too much pessimism? >> hi, julia. i think so. we are in the middle of a transition in brazil and we had an economy which was led by the consumer for the last 15 or so years since 1994 and we're now going through the pains of transition that model of investment into infrastructure to become a more efficient economy, productivity and so on and so forth. there are signs we seem to be moving to that direction, as you said we have raised rates to tame inflation, the government has...
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Jan 18, 2014
01/14
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ALJAZAM
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. >> reporter: here the mood can only be described as cautious pessimism as there was outrage over the danish ship will ship cargo to an american vessel, they're waiting and looking for an explanation from the italian government and assurances as well. this will come tuesday when they will summon two mayors from around here to give that explanation and assurance. everybody we spoke to say they don't really know what is going to happen. they're afraid of accidents. they don't know whether this is dangerous. this morning local opposition called for a demonstration, but as you can see not many people turned up. but who turned up was a national opposition politician who told al jazeera that that decision to make this port as the port for transshipment was wrong, and they should decide whether this ship be allowed to arrive here in italy in the first place. >> we have more to come from europe later in the news hour, including sex workers in germany, question new reforms to the country's prostitution laws. >> well, more details have emerged about the victims of friday's taliban suicide attac
. >> reporter: here the mood can only be described as cautious pessimism as there was outrage over the danish ship will ship cargo to an american vessel, they're waiting and looking for an explanation from the italian government and assurances as well. this will come tuesday when they will summon two mayors from around here to give that explanation and assurance. everybody we spoke to say they don't really know what is going to happen. they're afraid of accidents. they don't know whether...
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Jan 27, 2014
01/14
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CSPAN2
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families i know in the united states and it does impress me and i will have an affect but perhaps my pessimism is about the disappearance of spanish and the united states and in may be excessive or maybe anticipating a shorter timetable for which this will happen and be the case in the reality, but i think it is characterized for every non-english speaking minority joined in the united states to become a part of debt but in no case so far has restored the use of the language. i know people are of italian, american, german american ancestry in this country, they are passionate about these legacies and they would all be very proud of the distinctive cuisine and they would take part in parades' then he won't speak german or polish and that seems to be the form of the cultural retrieval which just has not happened so far in the parts of this country and, you know, i am a historian, not a future all well-dressed but you cannot make predictions about what this winter have been on the basis of what has happened before. i don't think for the future of the united states. if it happens it will happen fo
families i know in the united states and it does impress me and i will have an affect but perhaps my pessimism is about the disappearance of spanish and the united states and in may be excessive or maybe anticipating a shorter timetable for which this will happen and be the case in the reality, but i think it is characterized for every non-english speaking minority joined in the united states to become a part of debt but in no case so far has restored the use of the language. i know people are...
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Jan 17, 2014
01/14
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FBC
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there was a lot of pessimism about the quarter but coming in because we had a lot of structural issues going on in the fourth quarter, very short holiday shopping season. everyone knows there was one weekend missing between thanksgiving and christmas. a big weather impact. look and non-farm payroll mess we had a few weeks ago that was sitting there talking about the weather. continued d.c. no one knows if these guys are going to get along or if we will be hit the debt ceiling of the budget deal, all those barriers sneaked past us and the catering concerns, there are a lot of reasons for companies to have angst. it is easy to lower the bar. as you mention 10 of 11 of the pronouncements last quarter for this earnings season have just been negative. that is an all-time record and something we have seen consistently over the last 6 to 8 reporting periods, everyone talking the st. john meeting lower expectations and earnings by the news. lori: the eyebrow raising story with ubs is wall street was taken off guard, you mentioned structural changes. i wonder if you can work in to the idea the
there was a lot of pessimism about the quarter but coming in because we had a lot of structural issues going on in the fourth quarter, very short holiday shopping season. everyone knows there was one weekend missing between thanksgiving and christmas. a big weather impact. look and non-farm payroll mess we had a few weeks ago that was sitting there talking about the weather. continued d.c. no one knows if these guys are going to get along or if we will be hit the debt ceiling of the budget...
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Jan 23, 2014
01/14
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ALJAZAM
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there's a lot of pessimism as to whether this conference will produce results. >> there'll be mediation on thursday. let's hope something comes of this, there are millions and millions of people suffering displaced, refugees and so many have died and been injured. >> joinings now from college station texas is ambassador ryan crocker, serving as united states ambassador to syria, iraq and afghanistan and is the dean of the george bush school of government and public service. great to have you with us. let's start with the syrian president, bashar al-assad, and the main reason we are negotiating there in geneva, you advocated in a new york times oped that the u.s. should engage with the regime. syrian rebels were not happy. it's not barack obama's position. why would that work. it's simple. the regime is not going away. bashar al-assad is not going away. we could wish it otherwise, buts we have to deal with the world as it is. if there is ever going to be a negotiated solution, we are going to need to start talking directly to the syrians, not bashar al-assad, but members of his regime. >
there's a lot of pessimism as to whether this conference will produce results. >> there'll be mediation on thursday. let's hope something comes of this, there are millions and millions of people suffering displaced, refugees and so many have died and been injured. >> joinings now from college station texas is ambassador ryan crocker, serving as united states ambassador to syria, iraq and afghanistan and is the dean of the george bush school of government and public service. great to...
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Jan 20, 2014
01/14
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ALJAZAM
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. >> so where the roma live there it is a breeding ground for pessimism.hey've had to put umbrellas over their flats because the rain comes through. >> what do they say to you, you're a gypsy. >> faced with the choice of no work or immigration many have tried to learn a trade at school. but here organizers found there is a wall of racism. >> at the start we have mostly white students and it was easy to find them a placement. we just called restaurant and hotels and they took two or three. but as soon as we started training roma children the place dried up. >> and now it seems that those they rely on, there have been a change in social attitudes. >> there have been new rules forcing people on benefits to work. in order to do that they have to sign in an office. well, those offices haven't been built yet. even if they have been clearly nobody has a car and they have to borrow money each other even to get the bus fair. it's as though the entire system is designed to make life as difficult as it can be for them. >> many people say roma are lazy but over time t
. >> so where the roma live there it is a breeding ground for pessimism.hey've had to put umbrellas over their flats because the rain comes through. >> what do they say to you, you're a gypsy. >> faced with the choice of no work or immigration many have tried to learn a trade at school. but here organizers found there is a wall of racism. >> at the start we have mostly white students and it was easy to find them a placement. we just called restaurant and hotels and they...
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Jan 27, 2014
01/14
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ALJAZAM
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it's a deep pessimism. when a goal is good stuff i have done and good stuff i will do, it's not easy to find foreign policy issues, except iran. that is an argument the president should dwell on. he can say, he has to be careful and can say we brought them to the negotiation table on the nuclear issue. it's a result of five years of patient engagement combined with sanctions. it may fail. what he needs to say is "american people, you have to trust me. i'm looking out for security. if i engage in diplomacy we'll get this out come", >> but should he focus on it if americans don't care? >> i don't know if he should focus on it through the speech, but it's an area where he has significant authority, where he doesn't need congressional -- >> in is his opportunity, 30 million americans will watch for him to stand and say, "we should care what is happening in iran and syria and other places." >> the country should care much it's his responsibility to bring the country back to basic values. this is an opportunity a
it's a deep pessimism. when a goal is good stuff i have done and good stuff i will do, it's not easy to find foreign policy issues, except iran. that is an argument the president should dwell on. he can say, he has to be careful and can say we brought them to the negotiation table on the nuclear issue. it's a result of five years of patient engagement combined with sanctions. it may fail. what he needs to say is "american people, you have to trust me. i'm looking out for security. if i...
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Jan 16, 2014
01/14
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LINKTV
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long perspective, having that many citizens killed in world war ii, deeplyple have a okinawa seated pessimismoward war. they tolerated u.s. presence because they had no choice for many, many years, but it rankled them, and when against their own to bes and conscious involved in u.s. wars in asia. it is not like that, and there was strong opposition during those years. okinawa mounted a campaign to be japan in the hope that because japan is a peace constitution, they would be returned to japan and the bases would be removed. they would become like the rest of japan with the peace constitution was in effect. did revert to japan in 1972, but the bases remained. they were not removed whatsoever. in fact, the percentages on okinawa has increased since that time. there is a concentration of almost 75% of the american presence on this island that landmass.s .6% of the explain akibayashi, what happened in the 1990's with the rape scandal that led to the intensification of the opposition to u.s. bases. 1995, it is often cited as a trigger of the island-wide protest. characterize to the incident that w
long perspective, having that many citizens killed in world war ii, deeplyple have a okinawa seated pessimismoward war. they tolerated u.s. presence because they had no choice for many, many years, but it rankled them, and when against their own to bes and conscious involved in u.s. wars in asia. it is not like that, and there was strong opposition during those years. okinawa mounted a campaign to be japan in the hope that because japan is a peace constitution, they would be returned to japan...
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Jan 23, 2014
01/14
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MSNBCW
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where do you think the nagging doubt or pessimism.after doing a great job against obama. where did that come from? >> i think from his great qualities. the type of success he has enjoyed, i think, has been derived, in part, by an ability to identify future problems or some land mines that might be out there. as he see his family completely euphoric after this first debate victory he is very quick to point out, hey, i'm not the first challenger to do well against a sitting president. he cites history. i don't think it overhaul pessimism that mitt romney has. i look at that and say that is astute, sthat is smart. >> here is a piece of mitt romney piecing together parts of his concession speech with his family around him. >> what do you think you say in a concession speech? i'll read to you what i have here. congratulate him on his victory and his supporters and campaign and deserves congratulations. i wish all of them with him wl, particularly the first lady and their daughters. this is a great time for the president of the united state
where do you think the nagging doubt or pessimism.after doing a great job against obama. where did that come from? >> i think from his great qualities. the type of success he has enjoyed, i think, has been derived, in part, by an ability to identify future problems or some land mines that might be out there. as he see his family completely euphoric after this first debate victory he is very quick to point out, hey, i'm not the first challenger to do well against a sitting president. he...
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Jan 8, 2014
01/14
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CSPAN2
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a region pessimism about the success of the nato mission in afghanistan, and continued debate about european contributions to burden sharing, 55% of americans and 58% natoeans seen nato -- see as necessary for their country's security. -- wasain value will be to be an alliance of democratic country such back together. -- countries that should act together. thank you very much. [applause] >> thank you for that speech and talk. i think there is a lot here for us to dig into. of thest i think comments you made that i was struck by was the recommitment to the two percent metric. that is something that we struggled with in the alliance for some time. the real question is -- how can we be persuasive on this? if we use your thought that might beaving it, we in more of a freefall than was happening -- then with having it, what do we do to persuade the countries that are not currently making the 2% in the absence of an overwhelming threat. think those of us who are making the mark can do to be persuasive to other countries? >> i try to avoid being provocative. >> provocative is a good thing. >> not i
a region pessimism about the success of the nato mission in afghanistan, and continued debate about european contributions to burden sharing, 55% of americans and 58% natoeans seen nato -- see as necessary for their country's security. -- wasain value will be to be an alliance of democratic country such back together. -- countries that should act together. thank you very much. [applause] >> thank you for that speech and talk. i think there is a lot here for us to dig into. of thest i...
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Jan 20, 2014
01/14
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CSPAN
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the media like everyone hasidism inetect reporting that i do not share any more that i share the pessimism of those who reported that columbia was a failure. i do not promise you a successful resolution of the counter narcotics challenge this year or next year. that, with your support, a sustainable and adaptable counter narcotics program that builds capacities for the afghan government to address drug challenges in the .ost 2014 era i thank you and i look for to your questions. >> thank you. thank you. and very honored to be here i offer my written statement for the record. i asked that it be submitted. man --inguished distinguished members of the panel, on behalf of the dea, i appreciate your opportunity to report on the counter narcotics strategy in afghanistan. the core mission is to disrupt and dismantle one of the most drug trafficking administrations in the united states. the program afghanistan is designed to deny narcotics- related funding and conducting bilateral investigations. we promote the rule of law and reduce corruption while diminishing threats from afghanistan. tradetern
the media like everyone hasidism inetect reporting that i do not share any more that i share the pessimism of those who reported that columbia was a failure. i do not promise you a successful resolution of the counter narcotics challenge this year or next year. that, with your support, a sustainable and adaptable counter narcotics program that builds capacities for the afghan government to address drug challenges in the .ost 2014 era i thank you and i look for to your questions. >> thank...
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Jan 30, 2014
01/14
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FOXNEWSW
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republicans call it a reflection of democrat pessimism. >> i think it's another sign the democrats don'think they can get back in the majority, at least not in the near term. >> reporter: in north carolina's seventh district michael mcintire is leaving and both parties acknowledge the gop is likely to take this red state seat. in right-leaning utah both sides believe incumbent democrat jim mathison's retirement means all four utah house seat will be democrat next year. democrat sean eldredge, a millionaire investor married to facebook co-founder will bring national attention and money to that race and in new jersey john runyon is retiring and democrats do have a shot at a few pickups. another nail-biter will be in cole california's sixth district where the incumbent republican mike kaufman faces a tough challenge from the popular former speaker democrat andrew romanoff. this may be the closest race of the year, but overall it's pretty clear that democrats are rattled. next week both president obama and former president bill clinton will attend a retreat with senate democrats to try to bu
republicans call it a reflection of democrat pessimism. >> i think it's another sign the democrats don'think they can get back in the majority, at least not in the near term. >> reporter: in north carolina's seventh district michael mcintire is leaving and both parties acknowledge the gop is likely to take this red state seat. in right-leaning utah both sides believe incumbent democrat jim mathison's retirement means all four utah house seat will be democrat next year. democrat sean...
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Jan 21, 2014
01/14
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CSPAN
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that will continue and i think the other thing on that, the pessimism and optimism -- it is important to understand that internet-based technologies produce both good and bad things. like everything else, we want more of the good things and less of the bad things. we do have to recognize that there are downsides to these technologies. >> that is a great answer. i think there are several people who want to comment on that. we are of time so make it as short as you can possibly do it. >> fairly or unfairly, the tide of the nsa revelations and the feeling that the companies did not defend their own comforters customers, rightly or wrongly, is pervasive. it will continue because we have seen only less than half. >> you're getting ahead of yourself. [laughter] >> tune in about five minutes. we will get the longer version of that answer. >> i find this perhaps a western kind of -- this criticism we see in the u.s.. when we go to the developing word -- world. we have a partnership with ghana and africa. how can we educate people and get the technology to improve life? net neutrality in most
that will continue and i think the other thing on that, the pessimism and optimism -- it is important to understand that internet-based technologies produce both good and bad things. like everything else, we want more of the good things and less of the bad things. we do have to recognize that there are downsides to these technologies. >> that is a great answer. i think there are several people who want to comment on that. we are of time so make it as short as you can possibly do it....
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Jan 27, 2014
01/14
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CNBC
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why we've been engulfed in the huge wave of pessimism and confusion in the last three weeks of 2014. so let's begin with approximate cause. let's begin with the employment report we got back on the 10th. that's what changed everything, people. when i was writing "get rich carefully," i spent a huge amount of time analyzing what precipitates sea changes in the market. one predictor, the only forward-looking noncoincidental piece of data is the labor department's nonfarm payroll report. the stench of that last number hangs over our markets for many, many weeks after. in short, sets the tone. in a very weak figure like that last one signals the possibility, yes, you have the whisper of a recession. and that recession's possibility has been in the air since the reports came out. so worry number one, the jobs number is called into question the durability of our country's recovery. the strength of the autos, which were the bedrock of this recovery until we heard the ceo of auto nation say that auto inventories are beginning to back up. that's a new and negative development. called into que
why we've been engulfed in the huge wave of pessimism and confusion in the last three weeks of 2014. so let's begin with approximate cause. let's begin with the employment report we got back on the 10th. that's what changed everything, people. when i was writing "get rich carefully," i spent a huge amount of time analyzing what precipitates sea changes in the market. one predictor, the only forward-looking noncoincidental piece of data is the labor department's nonfarm payroll report....
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Jan 23, 2014
01/14
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ALJAZAM
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eye 135
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there is a lot of pessimism here as to whether this conference will price results. >> there will be mediation on thursday hoping to bring the sides a little closer. let's hope something comes of this because there are millions and millions of people suffering displaced. nick schifrin, gate to have you with us. >>> from college station, texas is ambassador ryan crocker who, during his long career in government served as u.s. ambassador to syria, iraq and afghanistan and is now the deep of the george bush school of government and public service at texas a & m university. it's freight to have you with us, ambassador. let's start with the syrian president, with bash arrest al-assad, the main reason we are negotiating in geneva. you recently advocated that the u.s. should engage with assad's regime. syrian rebels weren't happy with you. it's not the obama administration's position. why do you think that would work? >> antonio, it's pretty simple. >> regime is not going away. assad is not going otherwise. we could wish it otherwise but we have to deal with the world as it is. if there is ever going
there is a lot of pessimism here as to whether this conference will price results. >> there will be mediation on thursday hoping to bring the sides a little closer. let's hope something comes of this because there are millions and millions of people suffering displaced. nick schifrin, gate to have you with us. >>> from college station, texas is ambassador ryan crocker who, during his long career in government served as u.s. ambassador to syria, iraq and afghanistan and is now the...
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Jan 28, 2014
01/14
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MSNBCW
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there's a deep overall pessimism that's clouding the public's mood. ready for this? the tenth straight year, a decade, folks, where more americans say the country is headed on the wrong track than headed in the right direction. this time it's 63% and 28% respectively. when asked to describe where america is headed, the number one word was downhill. overall, two-thirds of the responses were negative words like that. others included stagnant, disaster and declining. and just 3% called the state of the nation strong. more respondents called it divided, troubled and deteriorating. 90% of folks we asked could only give us a negative word on the choices we offered them. 71% say they are dissatisfied with the state of the economy. so tonight the question is, will a country so dissatisfied listen? psychological reassurance rather than searching for a specific policy. respondents gave nine of 15 issues we tested majority support as far as prioritization for 2014. tonight the president is expect ed to address many of them. for instance, creating jobs top the list. reducing the
there's a deep overall pessimism that's clouding the public's mood. ready for this? the tenth straight year, a decade, folks, where more americans say the country is headed on the wrong track than headed in the right direction. this time it's 63% and 28% respectively. when asked to describe where america is headed, the number one word was downhill. overall, two-thirds of the responses were negative words like that. others included stagnant, disaster and declining. and just 3% called the state...
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Jan 27, 2014
01/14
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CNBC
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this worry--pessimism, really-- weighs on families who had seen a different future.ees did you have at the peak? >> 22. >> how many do you have now? >> i'm down to seven. half pepperoni, half pineapple? all right, fantastic. >> scott creech bought his own pizza franchise in newton 21 years ago. how many hours are you working? >> last week, it was 82. >> 82 hours in a week? >> correct. >> how long can you do that? >> until i die. >> sales have slipped to a place that's sometimes dangerous for his family. >> once you get down around this area, i may be able to file for food stamps. >> his wife, julie, is working at a school to take some of the pressure off. >> he's 52 years old now, and i worry about him every day. his brother died of a heart attack when he was in his 40s, and i worry about that all the time. >> hello, everybody. >> hi, how are you? >> his son parker is ten. creech comes home to put parker in bed, but then he heads back to the shop. he washes up and closes up about 1:00 a.m. i wonder what the stress has been like for you. >> i've been blessed. you know
this worry--pessimism, really-- weighs on families who had seen a different future.ees did you have at the peak? >> 22. >> how many do you have now? >> i'm down to seven. half pepperoni, half pineapple? all right, fantastic. >> scott creech bought his own pizza franchise in newton 21 years ago. how many hours are you working? >> last week, it was 82. >> 82 hours in a week? >> correct. >> how long can you do that? >> until i die. >>...
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Jan 24, 2014
01/14
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CSPAN
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eye 90
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beginnings of war and conflict in southeast asia left americans with a real sense of despair and pessimism. when the beatles came, it was as one person said, so many more people would rather follow the beatles than the baptists because the beatles look like they were going somewhere and the baptists look like they were sorry they had them. [laughter] there was a young man who saw the beatles on ed sullivan completely taken by what he saw and so very much said i would like to be the fifth beatle. there was one problem -- he did not know how to play the guitar. he began to work toward having a guitar. for three years, he did everything possible to get a guitar. he could not get one because he could not afford it. after three years, this young man's parents were tired of hearing him complain how he wanted an electric guitar and so they ordered him electric a tarp from the jcpenney mail order catalog and presented it to him for christmas. he did not know at the time but they could not afford it. they spent $99 on the guitar and the little amplifier that came with it. he had no idea how much mo
beginnings of war and conflict in southeast asia left americans with a real sense of despair and pessimism. when the beatles came, it was as one person said, so many more people would rather follow the beatles than the baptists because the beatles look like they were going somewhere and the baptists look like they were sorry they had them. [laughter] there was a young man who saw the beatles on ed sullivan completely taken by what he saw and so very much said i would like to be the fifth...