for example, if you are going to have a four-year car loan, the average rate at a major bank for a car credit union the average rate is 5.25%. if you borrow a lot, you will save over time, because those interest rates really add up. >> at the same time you are trying to save money, you also have goals in mind. you want to save for college. you want to cia for your child's wedding. how do i save for college? >> well, you want to make the cost of savings for college not cost you money. 529 plans are a great way to save money for college because you get a lot of tax advantages, so you don't have a big tax bite. two-thirds of new 529 plans are sold by brokers, and brokers charge a really steep fee. you don't have to buy it pray broker. you can go to a website called saving for college.com and find out good plans and buy directly from a broker, you'll save a lot. >> you also want to have some fun, though. you don't want to always seem like you are hoarding your cash. what about saving for vacations, saving for kids' activities. how do you do that? >> well, that is right. kids can be expensi

ben tracey it is having an impact on mortgages, car loans and credit cards. >> nix and sannen rented this suck house to say money, planning to buy within a year. it has now been more than three. >> how frustrating is this for you? >> it is frustrating and surprising. we thought it would be easier than this. >> nick has a steady job, excellent credit score above 700 and $35,000 for a down payment. now many banks require 20% down so they cannot get a conventional mortgage. >> the government says things are better and they are not. they are still horrible. >> this mortgage broker says before the meltdown nine in ten clients got a loan. now one in every two is denied. >> what we do is torture borrowers with paperwork and the loans seem to never get done. >> reporter: they are frying to avoid a repeat of the loose lending practices that caused the met down in the first place. in wive, 35% of mortgages approved were risky or sub prime. this year less than 1%. >> we want to know down to your pulse rate, your dna and your blood pressure if you can handle this loan. >> reporter: the credit is

so if the economy is improving, why is it tougher than ever for people to get mortgages and car loans we'll have that story and much more tonight, only on the cbs evening news. i'm creigh deeds, candidate for governor and my campaign sponsored this ad. the washington post calls bob mcdonnell a "culture warrior." and what does that mean for virginia? it means: bob mcdonnell introduced 35 bills to restrict a woman's right to choose. he wants to outlaw abortion-- even in cases of rape and incest. and mcdonnell opposed birth control for married adults. learn more about bob mcdonnell's crusade to take virginia backwards. >>> an update, reports out of new haven connecticut, they have released the death of the 24-year-old, annie le, her body was found on sunday, stuffed inside a basement wall of the university research lab where he worked. news report say that the possible suspect is a fellow lab worker. police are not confirming any details. they will only say that they believe le was targeted, but this is no random attack. that's not making students feel any safer. >> it's still not nice t

your grand dad co-signed the car loan? >> caller: yes, sir, the car got repossessed. >> it did.ou're paying off the balance? >> caller: the balance. >> well, that's good. you're cleaning that up. all that stuff is going to take seven years from not when you turned 18, but when you stopped paying on all of these things. it will be seven years before those things completely stop harming you. that means you're not far away from the negative of these things disappearing from your report. although the items stay on your report for seven years, the good news for you is that once you pay them off, that instantly raises your score a lot. but i have no worry about you, jason. because you make no excuses. you took full responsibility. and now you're making good on the money. i think you're going to be fine with how you handle money the rest of your life. john, how are you doing? >> i'm doing well, how are you? >> good, thank you, john. you are a landlord like me. is that right? >> caller: i am a landlord just within the past two years. i have two three units, two triplexes which i have a

[ laughter ] he don't take you out to dinner but he is preapproved for a car loan up to $9,000.comes on right after regis philbin's new show, "who wants to win a used couch?" [ laughter ] so, it's gonna be -- it's all in the same block. it's exciting stuff. this next one caught my eye. it's about what it means to be beautiful, have southern roots, and live in some of the most exclusive neighborhoods of suburban georgia. it's "the real house plants of atlanta." [ laughter ] kind of weird. but here's the tag line. it's even weirder. "these plants are sluts." [ laughter ] not very subtle but i can't wait to see it. this next one is related to the health care debate, more specifically whether seniors will have their coverage discontinued if they get sick. it's a great new reality series. it's called "so you think you can live." [ laughter ] 100 seniors. only 10 will continue on. it's exciting tv. [ laughter ] and coming this winter, it's "celebrity so think you can live" with larry king, andy rooney, and amy winehouse. [ laughter ] it is going to be -- i don't even know if i have en

loan. martha: there are a lot of other car companies that did that get to as low.gnanimous about it, that it is highly possible that maybe they have the best model. is that the case? of >> note -- is that the case? >> no, that is probably what they're pr people are -- what their pr people are telling them to say. i think that they are being very magnanimous, but behind closed doors they are much more worried about this. the true hands of bipartisan chip are coming through here. the republican president signed this, and a democrat taking advantage of it. megyn: one of these cars costs $89,000, but there is another company called tesla that got $465 million for the same program. their car cost $109,000. all of this money to encourage the building of fuel-efficient cars. pal is this going to make any impact on people trying to purchase a fuel-efficient car that cannot afford to buy these? >> it is not. this is not going to help average americans. it what it does is it creates a new market for high-end hybrids and electric vehicles. the last thing the government should

>> that is small business loan, car loan, home loans. >> all right. >> commercial loans. that makes as we go in the future would be more like 2-1 retail versus wholesale. >> i take it because of what you told us about the indian economy that you are not experiencing a dramatic uptick in defaults or delinquencies. >> they are basically only in the unsecured retail part of the business. but anything else secure, they're doing fine. >> what is your experience, though, in the unsecured? >> in the unsecured, of course, of course, october 2008, there has been some pressure on delinquency, which has come basically because of the way the down fall happened and it's mainly in the small ticket. >> harley-davidson is going into india, which in india you see motorcycles everywhere. super incredibly high in product. and it's an interesting time to be going into india. do you think it's a good decision, as in, are you still seeing people move to that very high level of income at the same rate that you were or is that where india did see some of the pain? >> india did see some of the pa

one of the big reasons is because it is much harder now to get a car loan. could not get a lease for a new car. you were having to put down more money. there was a time when you could walk in the door, a piece of paper, and drive away in a new car. they would do all the paperwork and go to the bank. it was a given that you would be able to get along. it is no longer a given. host: if you had to sum up what you have learned in this series of articles on the various aspects of the economy and some up where the economy is now, what would you say? give us some thoughts on what you have heard from people you have interviewed on where the economy will be one year from now. guest: simple thought we came away with is that there will be a recovery. there always is after recession. i do not know if we can say it is now or six months from now or when it is. it is coming. it is apparent the economy is getting better. typically, when you come out of recession, you see a more pronounced increase in consumer spending. they called it pent-up demand. you did not remodel the h

folks could not get a car loan, home loan, they could not get a student loan if they needed it.e was a deep recession threatened to become a great depression you remember that, right? ok. that is why we acted. boldly and swiftly, to pass an unprecedented economic recovery act. a plan that did not include any of the usual earmarks or pork barrel spending, but what it did include was a guarantee to of all a decent and prevailing wage. [applause] because the recovery act, we are keeping a promise that i made to 90% of you, 9% of americans a tax cut that will benefit nearly 5 million families in pennsylvania. we increased and extended unemployment insurance to 12 million americans, including hundreds of thousands of pennsylvania and. we made sure they could get health insurance if they were looking for a job because cobra was too expensive by reducing by 60%, so a lot of families were able to hang onto their health care, even in the downturn. we are putting americans to work across the country, rebuilding crumbling roads and bridges and waterways with the largest investment in our i

they couldn't get a car loan. they couldn't get a student loan if they needed it.was a deep recession threatened to become a great depression. you remember that, right? okay. that's why we acted, boldly and swiftly, to pass an unprecedented economic recovery act, a plan that didn't include any of the usual washington earmarks or pork barrel spending, but what did it include was a guarantee to uphold davis bacon and pay a prevailing wage. because -- because the recovery act, we're keeping a promise i made to give all of you -- 95% of working americans -- a tax cut, a tax cut that will benefit nearly 5 million families in pennsylvania. we increased and extended unemployment insurance to 12 million americans, including hundreds of thousands of pennsylvanians. we made sure that they could get health insurance if they were looking for a job because c.o.b.r.a. was too expensive. reduced the cost of it by 65%, so a lot of families out there were able to hang on to their health care, even during the downturn. we're putting americans to work across this country, rebuilding

loan approval experts. don't delay call now! find out just how easy it is get that new car! going to college to trto get higher education can be very costly and those student loans can pile up very quickly and lead you to bad credit which is what i have. i needed a car and i didn't know who to call. i didn't know what to do. i didn't have a lot of money to put down and i didn't have a lot of money in my budget for another car payment. then i called during the crazy 88 event. for only 88 dollars down and 88 dollars a month i saved a lot of money and inconvenience. thank you crazy 88. i got a brand new chevy silverado for only 88 dollars down and 88 dollars a month. thanks crazy 88. when you call the number on your screen now and secure your new loan and vehicle, that's really just the tip of the iceberg. because once we get you back on the road to good credit, now a whole world of opportunities open up to you. let's hear from and expert in the consumer credit field. our surveys indicate that 75% of all consumers do not know their credit score. add this to the fact that three o

security, you could be in big trouble and you still have to make payments on your mortgage or your car loan in most cases. there are big-time consequences that follow you and dogs you for a really long time. >> and how do you know if you really should consider this option of bankruptcy? how do you know? >> well, okay, i'll give you a rule of thumb. people like that. if you wonder should i file today? if you have more debt than it would take you to pay off in five years, then you should be thinking about bankruptcy. this should be a last resort. this is not the first thing you want to do. remember, there are some debts that are excluded from bankruptcy so if you have student loans or paying marital support, those things you are still going to have to pay and if you have investments of any sort, cds, stocks, mute ual fun, those are available to creditors to pay off debt. i really think the take away here is if you are in trouble right now, if you really are worried and you think you might have to go into bankruptcy, get a credit counselor first. try to work out your debts. you can always call

car loans are down 17% year over year, and that's on the rail side. tonnage is down 10% to 15%. are not good, but it does appear that we're bouncing along the bottom and the whole fundamentals within the freight industry are getting less worse. we couldn't classify it as getting better. again, just less worse. >> so are you talking domestic or international? >> domestic. >> you're talking just domestic. so maybe some of this could be because it's a global economy. but then again, the baltic isn't looking very good, either. maybe the stock markets over there are indicating some trouble, too. how do you account for the commodities? >> we're seeing some benefit from the cars, for the cash for clunkers program. that has helped in terms of freight flows, whether it's on rail or on the road. in our view, that's pushing demand forward in 2010. we'll probably be weaker than what we were anticipating because of all those buyers coming in early in july and august buying those cars. what do you attribute the fedex comments last week to? how would you downplay those? >> a lot of that was on

guest: they are, and part of the reason is it is much harder to get a car loan amount. basically, you had to put down more money. there was a time where you could come into the door and sign a piece of paper, and you could drive away. that is no longer a given. host: if you have to sum up what you have learned in these series of articles, the aspects of where the economy is now, one year later, what would you say? what have people you spoke to said about where the economy will be one year from now? guest: there will always be a recovery. i do not know if we can say is right now, six months from now, but that is coming. it is pretty apparent the economy is getting better. typically, when you come out of recession, you see much more pronounced increase in consumer spending. they call it pent-up demand. this time, we think it will be perhaps less-pronounced, particularly after the bad recession of 1982. it is all about demographics. this recession have been at the worst time for baby boomers. some of them are retiring, or retired already. some are about to retire and they

he defended the government's loan to car companies and held a cash for clunkers rebate saying it allowedll 115 employee whose had been laid off at the plant where's he spoke. >> now, even though you're proving that american automakers are getting back every day, i think everybody understands our economic troubles are far from over. i don't want to -- i don't want to over-promise here. we've still got a lot of work to do. we got in a deep hole over a course of years that's going to take some years to get back out of this hole. we have a lot of work to do not just to get this community moving again, and this economy moving again, but we've got to build a stronger foundation for economic growth into the future. >> the president is addressing an afl-cio convention in pittsburgh this afternoon. >>> the iraqi journalist who threw his shoes last year at president bush has been released from prison. he got a warm welcome from emotional friends, family and supporters. you see him there. he says iraqi security forces beat and tortured him during his nine months in prison and he feared for his life

car that costs $90,000. it's going to be made in finland and it's a company connected to the former vice president. wall street journal is reporting on the loangroups really outraged. they say this is your money being spent on a car called the karma, a status symbol for rich people to park it in their driveway. they say they are working on a more affordable sedan and often new technology starts out more expensive. but if we could get this loan, it could become more and more affordable and everyone could afford it. we shall see. >> smell test. >>> bernie madoff's family in the crosshairs, being sued for $198 million. this is by the court-appointed trustee. this isn't anything criminal. the trustee, though, you can imagine, wants to get every dime he can get for the victims, right? he's in charge of all the money to get split up between the victims. madoff, cheating thousands of families out of their savings. the trustee told "60 minutes" last night he will sue his two sons, niece and his brother, basically alleging since they worked with him, they should have known what's going on so that negligence, breach of fiduciary duty. the sons have sai

car. they green lighted production with a $530 million loan. e money in the car and has already preordered his. if you want to get your hands on the karma, get ready for sticker shock. it's estimated to cost $90,000. >> wow. but you save long, long, long term, i guess. >> right. there are a lot of hybrids out there. >> it's a great-looking car. >> it's gorgeous. >> you could have an aston martin for that fee. electric. >> you may need the heater on tomorrow morning, and certaly by thursday morning. outside now a change sweeping in. this will be the last 80-degree day of september. i guarantee you. >> it's a guarantee. >> last year we had our -- we still had a few 80s into october, but in september because of the cold air sweeping in, our temperature outside now, our high temperature we made it up to about 80 degrees. right flnow we're in the 70s, 7 degrees is the current temperature. we have five weeks of good old daylight savings. we don't have eastern standard time until november 1st. by five weeks from today, our sunset is 5:07. our temperatu

guest: they are, and part of the reason is it is much harder to get a car loan amount.basically, you had to put down more money. there was a time where you could come into the door and sign a piece of paper, and you could drive away. that is no longer a given. host: if you have to sum up what you have learned in these series of articles, the aspects of where the economy is now, one year later, what would you say? what have people you spoke to said about where the economy will be one year from now? guest: there will always be a recovery. i do not know if we can say is right now, six months from now, but that is coming. it is pretty apparent the economy is getting better. typically, when you come out of recession, you see much more pronounced increase in consumer spending. they call it pent-up demand. this time, we think it will be perhaps less-pronounced, particularly after the bad recession of 1982. it is all about demographics. this recession have been at the worst time for baby boomers. some of them are retiring, or retired already. some are about to retire and they s

car business, not in the financial business, and then they get deeper in the car business, and then deeper in the educational loana party, i'm the last guest to leave and the host says "neil, stop eating and ordering pay per view." >> i'm sure you're good company at the parties, neil. >> neil: i'm just saying that's ha happens when you make a good deed. >> i think that's wrong because the president has said they want out of the auto industry and want out of being involved in the financial sector as quickly as they k secondly, i guarantee you if -- neil: julian, i love you but we're dictating pay, setting new rules rounder czars. if i was at your house ordering pay per view and raiding your refrigerator and i'm not going anywhere. >> you're welcome to my house at any time. i don't like the government getting into pay scales an bonuses. neil: we're there, my friend, we're. there. >> if you ask any political advisor at the white house, they say the last thing they want is to be involved in the auto street, to be involved on wall street or the auto industry. >> but they are. >> this is a nightmare for the president a

>>> a car company that's backed by former vice president al gore got a government loan for more than that's got some people outraged. we're asking, what do you think about this? you can tell us on our facebook page. $529 million of your money, right? it's taxpayer money. it went to build a hybrid car. you may think hybrid, that sounds good. helps cut our energy dependence. i'm not talking about a regular hybrid. this is a sports car that costs $90,000. and, you know, it's got these political connections. so people are asking, hmm. how exactly did they get that money? is that appropriate. "the wall street journal" is reporting on the loan that has got some groups outraged. they say it's your money being spent basically so rich people can have a status symbol in their driveway. the company who makes it is fisker. they say they are working on a more affordable sedan and often that new technology can start out very expensive and kind of high end, but that it becomes more and more affordable over time. back to you, robin. we'll see if you and i can ever afford it. >> what do you call it?

maybe you let a car company that you did an auto loan or a bank auto loan with automatically come in company, or a health club. or a burglar alarm company? well, the number of people who do that has steadily grown, but it's dangerous. because once you have given somebody permission to come in and take money from your account, even when you're not doing business with them anymore, many times they'll keep taking the money and you have to fight to get your own money back while bills's balancesing. you want the convenience of pay pg electronically? use electronic bill pay with your bank or credit union. you pay the bills and when you change you don't have to worry about this. i'm clark howard. with more ways how to protect yourself, go to cnn.com/clarkhowa cnn.com/clarkhoward. >>> catch clark at noon eastern on saturdays and sundays right here on hln. [barks] (man) if you think about it, this is what makes the ladders different from other job-search sites. [screeching] we only work with the big talent. [all coughing] welcome to the ladders-- a premium job site for only $100k-plus jobs an

do you have enough confidence to maybe buy a new home or take out loans for a new car or possibly evenack to school. as abc2 news roosevelt leftwich tells us, faith in the system could be the key to everything. take a look. >> reporter: it was the biggest corporate bankruptcy in history, the fall of lehman brothers came close to completely collapsing the world's financial markets. shift the foundations of the corporation which in turn stomped all over the little guy creating layoffs, furloughs, foreclosures, tight credit, reduced 401k and scared normal folks. it sent these ladies back to school. >> it seems like a good time, for the economy, to go back to school. because there's notma many jobs available. >> hopefully i'll be able to get a job once i graduate. it's a three-year program so hopefully things will turn around. that is the plan anyway. >> reporter: worries about credit, jobs, finances in general, all these things come into play here because if people aren't confident in their future, about whether or not they can buy something like a new home the economy won't get better. t

banks, insurance companies, student loans, car companies, even farm ponds. some want to take over health care. many americans feel we have a runaway government with too many washington takeovers. and the last thing we need are 18 new czars unaccountable to the elected officials whose job it is -- our job -- to check and balance that government. so i am glad in a way that the white house has noticed my comments and those of senator collins, senator hutchison and the other senators. i hope they will respond to senator collins letter, to senator feingold's request. thank you very much. and to the other admonitions. we call on the administration to answer the questions posed by senator collins, senator feingold and the others that were specifically outlined. who are these czars? what is their role? what is their responsibility? how were they vetted? what limitations are on their positions to make sure that they don't encroach on the legitimate statutory responsibility of other executive branch officials? and whether they will agree to a reasonable request to app

markets, we spurred lending not y just to banks, but to folks looking to buy homes or cars, take out student loans or finance small businesses. our homeownership plan has helped responsible homeowners refinance to stem the tide of lost homes and lost home values. and the recovery plan is providing help to the unemployed and tax relief for working families, all the while spurring consumer spending. it's prevented layoffs of tens of thousands of teachers and police officers and other essential public servants and thousands of recovery projects are under way all across america, including right here in new york city. putting people to work building wind turbines and solar panels, renovating schools and hospitals, repairing our nation's roads and bridges. eight months later, the work of recovery continues. and though i will never be satisfied while people are out of work and our financial system is weakened, we can be confident that the storms of the past two years are beginning to break. in fact, while there continues to be a need for government involvement to stabilize the financial system, that nece

innovative steps, we spurred lending not just to banks but to folks looking to buy homes or cars, take out student loans or finance small businesses. our home ownership plan helped responsible homeowners refinance to spin the tide of lost homes and lost home values. recovery plan is providing help to the working families, all the while spurring consumer spending. it's prevented layoffs of tens of thousands of teachers and police officers and other public servants and thousands of recovery projects are underway all across america, including new york city, renovating cools and hospitals, repairing the nation's roads and bridges. eight months later the work of recovery continues. and though i will never be satisfied while people are out of work and our financial system is weakened, we can be confident that the storms of the past two years are beginning to break. in fact, while there continues to be a need for government involvement to stabilize the financial system then the subsidy is linked after months in which public dollars were flowing into our financial system were finally beginning to see money goin

reporter: it's gone from concept car to near reality, thanks in part to a half billion dollars in federal money. the department of energy has green-lighted a $529 million loanmotive, impressed by ts plug-in hybrid car, it's also impressed al gore, the former vice president who not only preordered his own, he invested in the company. >> al gore's involvement is completely irrelevant to this loan. the intent of the fiskar loan is to give them the opportunity to design a new vehicle in pontiac, michigan and manufacture a new vehicle here in the united states. >> reporter: but at an estimated $90,000, critics say these exotic cars aren't affordable. >> it is not for the average american. >> reporter: and they argue companies like fiskar and tesla motors whose electric car costs over $100,000 don't need additional money. >> they have plenty of money and the product they're going to create is something that's going to be for very wealthy people. >> reporter: green cars have drawn super sized endorsements. california governor arnold schwarzenegger is a fan of the tesla. >> this car, let me tell you something, is a very sexy looking car. >> reporter: but the depart

. >>> a tiny car company backed by al gore got a government loan for more than half a billion dollarsnifer westhoven has details on this and why some aren't happy about it. >> it sounds good on the surface of it. oh, the government's lending out $529 billion of your money to help build a hybrid car. you may be thinking, great. this is the sports car made in finland, who's parts are connected -- and it costs $90,000. some are outraged, saying loaning your money out so rich people can buy a status symbol for their driveway. they're working on a more affordable sedan. >>> madoff's family are being sued for $198 million. his job is to get basically every dime he had to split up between the victims. the trustee said he's planning to sue madoff's sons, brothers and niece because he alleges they should have known what was happening because they worked with madoff. here's what i want you to listen to. a new statement from one of the sons, peter madoff. he says, any suggestion that he knew his brother was absurd. that's the first time i've seen any finger pointing going on. >> that's unusual.

, entrepreneurs are constructing wind turbines and solar panels an batteries for hybrid cars with the help of loan guarantees an tax credits, projects that are creating new jobs and new industries. we're investing billions to cut energy waste in our home, our buildings and appliances, helping american families save money or energy bills in the process. we've proposed the very first national policy aimed at both increasing fuel economy and reducing greenhouse gas pollution for all new cars and trucks, a standard that will also save consumers money and our nation oil. we're move iing forward with ou nation's first offshore wind energy projects. we're investing billions to capture carbon pollution so that we can clean up our coal plants and just this week, we announced that for the first time ever, we'll begin tracking how much greenhouse gas pollution is being emitted throughout the country. and later this week, i will work with my colleagues at the g-20 to to phase out fossil fuel subsidies so we can better address our climate challenge. already, we know the recent drop in overall u.s. emissions is

you have cash for clunkers that goes out and buys these cars or puts the down payment down and the federal government guaranteeing some of the loansfor the cars, it is the perfect circle of socialized economy, it's astonishing to me, what do you do if you're out here making a car that you can't sell and you need to pay the scale for the workers that didn't give up anything if we pass a national health care act, the unions didn't give up anything in this deal, but they got 17.5% in interest in the company. mrs. bachmann: let's go back to the crux of this issue. and it is the economy and what's happening in the united states economy. and as we have seen the federal government come in and effectively nationalize about 30% of our economy and they're on a deep long drive to make sure that they can nationalize another 18% by taking over health care and what's more, with the national energy tax they want to take over even more of the national economy so that the federal government would effectively own or control well over 50% of the private business profits earned in this country, what has it yielded for the economy? i just looked in an

loan. and wanted me to buy you a car, you want prada. you want to go shopping. >> this happens?his happens. >> every relationship is potential radio act tiff? >> absolutely. it can turn out that way. i'm not saying all women are like that. some women are definitely independent, but in that world, it attracts that because it's easy street. you know, it's a business, you think about it. women, they get pregnant by athletes, guess what, you're set for the rest of your life until your child is 18, depending upon the contract, depending upon the jackpot you that hit. >> yet, steve mcnair seemed to avoid all the pitfalls, a celebrity who didn't act like it. he used some of his nfl money to build his mom a nice home in mt. olive. 645 acres on newly cristianed air mcnair road. he sponsored football camps for kids. he was a major benefactor of the boys and girls clubs. >> when hurricane katrina hit, he called a whole community together. we all were taking food down to to new orleans. that's the kind of person he was. >> we're trying to make the people as comfortable as possible. >> seein

loan rates and other incentives. toyota is also considering expanding its line of hybrid cars under the prius name. >>> clothing retailerbercrombie and fitch is suing beyonce over the name of her new fragrance. the company is trying to stop her from using the name sasha fierce, beyonce's alter ego. abercrombie says it owns the trademark for its men's fragrance. but a statement from the perfume maker says the word won't be used when it launches next year. >>> and that is your "moneyscope report." i'm vinita nair. >>> 6:25. we're still working on trying to get that wrap-up for you. i'll talk to mr. broome. we want to see if we can inspire more teachers to do that in the classroom. woodholme elementary school in pikesville, good example for schools across our state. a quick peek at the weekend, jumping ahead to saturday, we'll turn sunny but cool. 72 downtown. probably staying in the 60s. we'll drop into the 40s by sunday morning. you go from 60s today and rain, clearing tomorrow. we cool down over the weekend and then we introduce showers back in, not sunday but monday and tuesday of next week. >>> 6:26. here's kim brown.

car companies. no we don't want you running banks. no we don't want you taking over student loans we don't want national health care. sean: great alaws line. look as he participate paints in the jay leno show's green car challenge. >> al gourmet jump out in front of you. if you hit al gore, if you hit al gore you lose a point. if you hit ed begley jr. you hit a point. jump out avoid them or add to your score. >> you lose a point hitting those guys? >> on this lap this is when he runs into some obstacles. watch out. don't hit al gore. watch out. oh, he hit al gore. oh he is stopping. >> keep going! [ laughter ] [ applause ] >> he is hitting al gore again. >> number two, i don't care about the -- >> hey, hey. sean: you know what? i like that game. good job, rush. that is the news tonight from "hannity's america." coming up, we travel to obama's land of the czars. efforts to reign in the president's shadow government had been stopped dead in its tracks. congresswoman marsha blackburn there was a time i wouldn't step out of the house without my makeup. now, it's no problem. (announcer

car companies. no we don't want you running banks. no we don't want you taking over student loans know we don't want national health care. sean: great alaws line. look as he participate paints in the jay leno show's green car challenge. >> al gourmet jump out in front of you. if you hit al gore, if you hit al gore you lose a point. if you hit ed begley jr. you hit a point. jump out avoid them or add to your score. >> you lose a point hitting those guys? >> on this lap this is when he runs into some obstacles. watch out. don't hit al gore. watch out. oh, he hit al gore. oh he is stopping. >> keep going! [ laughter ] [ applause ] >> he is hitting al gore again. >> number two, i don't care about the -- >> hey, hey. sean: you know what? i like that game. good job, rush. that is the news tonight from "hannity's america." coming up, we travel to obama's land of the czars. efforts to reign in the president's shadow government had been stopped dead in its tracks. congresswoman marsha blackburn ( conversation ) garth, you're up. hold on, i'm at capitalone.com picking a photo... for my cred

maybe you let a car company that you did an autoloan with or a bank you did an auto loan with. who do that has steadily grown. but it's dangerous. because once you given somebody permission to come in and take money from your account, even when you're not doing business with them anymore, many times they'll still keep taking the money. then you have to fight to get your own money back. while bills are still bouncing. you want the convenience of paying electronically? use electronic bill pay with your bank or credit union where you control the payments and you stop them when you're done with them. you don't have to worry about them taking money they're not entitled to. i'm clark howard. with more ways for you to protect yourself go to cnn.com/clarkhoward. >>> the man knows the angles. catch him every saturday and sunday at noon and 4:00 eastern here on hln "news and views." >>> police in washington state have capture ad criminally insane killer who escaped during a field trip organized by his mental hospital. mental hospital. how long he was on the loose and what he had in his b

markets, which spurred landing and not just to banks but to folks looking to buy homes and cars, take out student loans, or finance small-business is. our home ownership plan has held responsible homeowners refinance to stem the side -- the tide of lost home and lost home value, and the recovery plan is providing health and tax relief for working families, all the while spurring consumer spending. it is preventing layoffs of tens of thousands of teachers and police officers and other essential public servants, and thousands of recovery projects are under way all across america, including right here in new york city, putting people to work building wind turbines and solar panels, renovating schools and hospitals, repair1a÷ our nation's roads and bridges. eight months later, the work of recovery continues. and though i will never be satisfied while people are out of work and our financial system is weak, we can be confident that the storms of the past few years are beginning to break. in fact, while there continues to be a need for government involvement to stabilize the financial system, that necessity

cash for clunkers program those federal dollars able to turn in and exchange those cars and that they also say that loanney from the federal government helped turn things around. they are restructuring becoming leaner and meaner. this is all a part of what the president is trying to do when he's talking to the american people, talking to workers saying i understand the economic situation. i understand people are worried about their health care but that things are getting better. this was part of his message at least when he went to wall street just yesterday. >> all right. are we going to hear that on wall street? >> reporter: i don't think we are. that was part of the message. let me tell you about his second stop. he's going to pittsburgh. this is a very important stop as well because this is labor, big labor. this is a group of folks that do support his health care reform plan. they are trying to work with him to make this work. this is something that will be a friendly audience and obviously he's trying to push forward to say you're going to benefit, many americans are going to benefit from this. an

people cannot get loans to buy cars. this could not operate. banks could close down.here would be massive failures. we were told that the best we could expect is a long, deep, painful recession. and as we went to one of the top economic advisers to the president for him to tell us in this dire economic scenario, while he was in the middle of talking, he pulls out a cap, and it is a mickey mouse hat and he puts on his head and continues talking about the collapse of the free market system. i found that sort of a metaphor for those times. it was a strange, confusing and i experience. i do go through that because -- the reason why i call it delusional was of the president -- was the president and the speech writers were told over and over again that the economy was vibrant, strong, resilient. at the beginning of the chapter i " secretary henry paulson saying this is the best economy in my lifetime and a year later he says the worst economy of our lifetimes. it seems to have come out of the blue. and i was troubled by that. i was troubled congress didn't seem to know what

credit had dried up, loans from cars to college were impossible to come by.our entire financial system was poised on the fear of collapse, and many fearing of the great depression. host: the president last night and we will have more of that discussion. and peter will be joining later in the program and he's a professor at john hopkins university, maryland, and next is george from st. petersburg, florida. caller: good morning c-span, i heard what the president said, but let's remember one thing. he may have inherited a bad situation, job wise, house, mortgage and everything. but if we went back to when this basically started, if we go back further during the jimmy carter years, we had double-digit unemployment and high interest rates, we had that and what reagan did and stimulated the economy and through the bush years. and clinton inherited a good economy. and about when george bush started running, see a lot of jobs left, a lot of people started laying off and george bush came in and we hit 9/11, and we have a lot of job losses and home mortgages, and i loo

car? chevrolet, competition. that created an innovative force is snuffed out by this bill for the student loan industry. if this bill becomes law, we are going to be back here a few years tsh in a few years and have yet another failed government monopoly program. i yield back. the chair: the gentleman yields back the balance of his time. the gentleman from california. mr. miller: i just want to have 10 seconds to say i'm delighted that the ed fund supports this legislation. i yield two minutes to the gentleman from iowa, mr. loebsack, who was very active in writing this legislation. the chair: the gentleman is recognized for two minutes. mr. loebsack: thank you, madam speaker. i rise today in support of the student aid and fiscal responsibility. in particular, i want to thank chairman miller and all of my colleagues who worked on this legislation. i'm particularly pleased that this bill contains legislation i worked on with chairman miller, congressman kildee, congressman chandler to help modernize, renovate and repair our crumbling schools with energy efficient and renewable resources. schools across a

we've seen takeovers of banks and insurance companies and -- and car companies and student loans and even farm ponds and health care and all of a sudden some people may have thought that the president was intending to take over the classrooms of america as well. and that was compounded by the fact tt the early lesson plans, probably drawn up by someone either in the white house or wan department of education, made the speech seem more about the president than about the children and inviting the children to help the president fulfill h goal the way he wants to transform america. well, all that's been changed. the lesson plan has been alter altered. the president's reased a copy of his speech. i read it this morning in tennessee on my way coming up. it's a good speech. it's about the importance of studyingnd education. it's about how the president grew up, which is an inspiring story, as is the case with almost all of our presidents. and so i'm glad that the president has spoken to the schoolchildren of this country. of course the president of the united states ought to be able to spea

and there are no-interest loans or rebates on some 2009 cars for chrysler and some cashback of aboutow, remember, after cash for clunkers is over, you know, there's a lot of concern that people are going to sit back and they're not going to be out there buying new cars in droves. and of course, out of coming out of bankruptcy, this is something that american automakers absolutely need. the fiat ceo, fiat took over chrysler and they say that chrysler's condition was way worse than they thought and they're revamping their business plan for november. there's still a lot of challenges ahead for ford and gm -- i'm sorry, for gm and chrysler. ford did not file bankruptcy. so we'll wait and see post-clunkers what the landscape's going to look like for these automakers. but i think you can expect to see some incentives. 60-day money back guarantee for gm. it's still a buyer's market if you've got the money and confidence. >> if you have the money and confidence to drive a minivan, t.j., now's the time to act. >> i have neither the money, nor the confidence. >> nor the taste. >> people are ex

entrepreneurs are constructing wind turbines and solar panels and batteries for hybrid cars with the help of loanrantees and tax credits, projects that are creating new jobs and new industries. we're investing billions to cut energy waste in our homes, buildings, and appliances, helping american families save money on energy bills in the process. we've proposed the very first national policy aimed at both increasing fuel economy and reducing greenhouse gas pollution for all new cars and strucks a standard that will also save consumers money and our nation oil. we're moving forward with our nation's first offshore wind energy projects. we're investing billions to capture carbon pollution so we can clean up our coal plants and just this week, we announced for the first time ever, we'll begin tracking how much greenhouse gas pollution is being emitted throughout the country. late they are week, i'll work with my colleagues at the g20 to phase out fossil fuel subsidies so we can better address our climate challenge. already we know that the recent dop in overall u.s. emissions is due in part to steps

those big car dealership lots used to be worth a lot more money than they are today, and that actually helped dealers at the time give much easier loansas the real estate values plummeted and credit lines dried up, a lot of those dealers started closing. and it turns out there are really few other options for that size footprint. >> obviously, insides you have all the niceties. >> at jaguar in orlando, florida, the showroom is shiny, the paint is on the windshield and the silver cat still glistens, but the customers have dried up. >> we had our anniversary a couple of years ago and i've never seen it like this, ever. >> but at least his business has not come to this -- vacant, abandoned and languishing for sale. nationwide nearly 2,000 dealerships have closed, leaving once bustling commercial districts pock-marked with eye sores and tatters. located off of internettate 4, for years they had the best location in the entire state of florida. but today this 27.7 acres of sprawling empty unused space. and the trademark nickname is now an empty promise. local governments are concerned. that's a lot of sales and property tax dollars not bei