christine, thank you so much. now let's talk about how americans in general just feel about this plan and taxing the rich. deputy political director paul steinhouser is connected with us this morning and hears us well. and you might even be able to address the strong republican opposition. we saw it over the weekend. the republican representative from michigan talking to us about this >> i'm talking just to you and your viewers, of course. strong republican opposition. part of the plan, parts of the plan, are already probably dead on arrival at least in the republican controlled house. and budget chairman ryan talking to us making his points pretty strongly yesterday. talking about the poll, look at this. this is from cnn and orc about a month ago, right after the creation of the super committee, to lower the deficit. and just on that alone, on whether taxes should be raised on wealthy americans on businesses, you can see right there, a strong majority of americans say yes. 63% say yes. 36% say no. there should no

. >> reporter: christine spends a lot of time talking to residents to understand their needs. she also organizes her volunteers to send them to areas that needs to be cleaned, gutted, and repaired. they have fixed up more than 100 houses since april. >> i'm more than happy to do these things. because this -- for us, this is work for two days. for people this is their lives. >> reporter: the group also helped suzuki reopen their family business. their barbershop has been serving for years. they felt they had to closed after it was destroyed. but with their help, they're open for business again. a relief for them and their customers. >> translator: i'm really glad that you're back, because i'm 60 years old. and i didn't want to go somewhere else to get my hair cut. >> reporter: and they have christine to help thank for that. her help touched them and an unbreakable bond has been formed. >> reporter: it's that kind of reward that keeps christine going. she said she'll keep working here for as long as she's needed. >> i am convinced that that's really a personal feeling that i wil

let me bring in christine romans. christine, we were expecting to hear that not many jobs were created. it just does something to you psychologically when you hear no jobs were created. >> reporter: no problems were created in the largest labor market in the world. no jobs were created. on balance in the month of august. here is the situation. 9.1% unemployment. no job creation. they had been expecting maybe 75,000 jobs would be created. that would be a disappointment anyway but it would at least show you had some positive job creation. it just didn't happen. still 14 million people out of work here at this point. part-time workers increased 400 thousands thousand. it's telling me that employers, when they can, they may be addiadd ing part-time work and contract work and freelancers but not full-time employees with benefits. july 35,000 fewer jobs added than we first thought. june, 26,000 fewer jobs added this first thought. not only there was no job creation in august. the government looked over the summer and found

and the world bank but first let's hear what christine legarde had to say about lehman brothers and then we'll talk about it. that was certainly living through very troubled time at the moment with a great economy can psyche exactly three years ago after the collapse of lehman brothers the economy skies today who troubled the student activities slows and downside to this increase. and we haven't turned into a dangerous phase of the crisis so far what do you think i mean what is the role of christine lagarde look arter the i.m.f. the world bank in these months and years ahead. i don't know that they have a rule the world economic forum at davos hold on with the i am the bank for international settlements have all said that they expect that we would have to total the debt in the system again within the next ten years to carry economic growth the reason that we got in trouble in two thousand and seven in the first place is people couldn't pay their debts so if we doubled the debt are we going to make the payments and at the end of the day is the problem there's too much throughout the syste

i'm christine romans. have a great weekend.

christine, let's start with you. those fears about the greece default definitely impacted the numbers on friday. and more than likely will impact them today as well. >> and the fears that were at work in the market on friday kyra, only through over the weekend. the new property tax for greek citizens most likely will mean strikes and people taking to the streets. and you have the tug of war between the rich countries in europe and the countries in trouble in europe like greece, and that's really wearing at the very foundation of the european union. and that's got a lot of people very, very nervous. french bank exposure to greece's problems. and also all of this debt turmoil in europe has raised the borrowing costs for countries and for banks and the like. and all of this is just a big toxic brew that's been a problem for the banks and for these countries, and it's not going away anytime soon. the path of least resistance quite frankly is still global concern about these banks, about sovereign debt, and about a slowin

christine?sive shake-up expected to be announced in a couple of hours by one of the nation's biggest banks. the biggest bank in the country. bank of america expected to lay out a restructuring plan that will no doubt affect thousands of employees and even more customers. not saying anything ahead of its ceo, who will speak at 9:00 to investors in new york, but everyone bracing for a big restructuring meaning job cuts. >> we've been hearing about this for some time. allegedly the number's going to be possibly between 30,000 and 40,000. clearly, a lot of employees that are at stake in this. it will happen over a number of years. it's not going to happen right away. it's going to take some time, but there's allegedly some word they're going to have branch closings as well, but we'll hear from brian moynihan at the 9:00 conference that's going to happen today in new york. >> so i mean, 30,000 to 40,000 jobs is pretty darn serious, but give us the bigger picture. put it in perspective for us. >> it m

i'm christine for is out there watching our team. well good afternoon i should say how be on of her story this one of an event that you could say changed the world or at least brought the global economy to its knees it was three years ago after all that lehman brothers america's fourth biggest bank filed bankruptcy and collapsed under six billion dollars of toxic debt today we take a look back from then to now and ask a few questions on how things have changed who has been held responsible and most importantly what have we learned our c course on a marina point nine takes a look at the questions and some of the disheartening answers and this report. lehman brothers has filed for bankruptcy stocks all around the world are tanking because of the crisis on wall street and the more things change the more they stay the same how will lehman's bankruptcy filing really change the landscape of the entire banking industry in two thousand and eight wall street's bad bets and risky speculation led to the collapse of america's housing market and

this one involving sarah palin and christine o'donnell.and, finally, let me finish before i don't believe either what either the white house or the speaker's office said during yesterday's childish spat and what that says we can expect from them in the future. we start with the timing of the president's jobs speech. clarence page, a chicago tribune columnist, and sam stein with "the huffington post." welcome to both of you. i'm not buying any of it, sam. i believe the white house selected that initial date specifically because it was the gop debate, and i don't buy what the speaker said either. perfunctory votes getting in the way or a security clearance sweep that's needed to be done in the house. what do you make of it? >> i agree on both points. i think the white house wanted a contrast. a direct contrast with the republican presidential field that nice where the president could lay out his vision and republicans squabble amongst themselves how bad it was and no one's answered the question. why couldn't boehner called back congress on t

the imf made it clear christine lagarde out there pushing. let's face it, we're all in the same economic boat. if we don't have our oars in the water at the same time we're going to be in trouble. >> want to talk about the president preventing, did he, economic disaster. did he make things worse. s are things as bad as it seems. perception versus reality in this economy and president next on "your $$$$$." nice wheels. oh, thanks. keeps me young. hello there, handsome. your dinner's in the microwave, dear. ♪ where do you want to go? just drive. [ engine revs, tires screech ] mom? ♪ it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute trades anywhere and anytime the inspiration hits you. even deposit checks right from your phone. just take a picture, hit deposit and you're done. open an account today and put schwab mobile to work for you. ♪ ♪ co

christine romans following it for us.he bad news. >> it's frustrating for so many people. it's happening in their living room or their neighbors house or families. 428,000 people filing unemployment benefits for the first time last week. i's a number that is too high. you want to see it below 400,000 to show the economy is beginning to heal. we are not seeing that yet. worse, the week before was revised higher as well. we are talking long-term unemployment for six months. we are seeing here, most recently in the past couple weeks something has been happening about the economy and confidence that led employers to do more layoffs. that's what we are doing in terms of the picture for jobs. the debate goes on in washington. 3.7 million americans continuing unemployment benefits. kyra? >> speaking of big numbers what do we know about the ubs trader? >> we have a name. it's the man who was arrested, a 31-year-old. it's according to reuters, a 31-year-old arrested overnight in london. ubs is saying it was unauthorized trades. un

all right now if we talk about europe christine legarde of the i.m.f. now is warning of doom and gloom saying the global economy is going to spiral downward unless we focus on stimulus rather than austerity but i'm just wondering is it a little too late for that after already we've seen so many stimulus measures just go across europe after now we have a debt committee or you know a super committee here in congress that's about to enact stimulus measures here in the u.s. as well and yet it certainly seems like i mean i think from an economic standpoint you could make a very strong case that in the u.s. and in europe stimulus would do a lot of good and is exactly what is needed right now in the u.s. it's all politics preventing it the government certainly has the firepower to do it if the congress were willing to go with it but i don't think there's any chance of that happening and in the europe and in europe it's not even clear that they have the firepower to do it certainly. the peripheral countries definitely don't retire in greece and italy and spain

i'm christine romans. ali is off this week. this is a professor at the university school of maryland. peter, the president will be forced to run a re-election campaign in a terrible economy. you say that's not because of the legacies of president bush or financial crisis but president obama has been his own worst enemy? >> absolutely. he inherited a mess but he's made it worse and gotten in deeper. look at health care costs. the health care bill did not resolve the problem. they are rising steeply. banks continue trading, do not make loans. dodd/frank has not succeeded. most importantly the president promised to do something about energy and china when he was campaigning. he promised us thousands of green jobs. he shut down drilling in the gulf more or less. he hasn't replaced them with another industry. in china he simply hasn't acted. that trade debt is choking the economy, there's not enough demand for what americans make and the economy doesn't move forward. >> he doesn't have a compliant congress at the moment, specificall

i'm christine for sound you're watching r.t. . and we are just back from the labor day holiday labor day of course marks the end of summer for so many people and clearly that is the case for the financial markets where the sun just doesn't seem to be shining at all i don't get me wrong it was already a gloomy summer unemployment hovered above nine percent and on friday we got some depressing jobs numbers that said essentially that there were no new jobs created in the month of august that growth was flat now that may have been assigned to the rest of the world especially in europe and asia but things are not looking so good markets there yesterday and here today plummeted there was also today big economic news out of switzerland where the swiss national bank basically said they're sick of it all they set a limit on how far it will let the swiss franc rise against the euro this is their latest and most aggressive attempt to get a handle on that out of control currency they're out of control and overvalued and part because the info

reduction in their financial autonomy is needed if the currency the euro is to survive but also christine legarde got her wings clipped if you saw that last week but she came out in the press and suggested that banks needed to improve their capital ratios she got read the riot act by tim geithner who took on the back room . and look no talk about increased cap rates for banks ok and he used an epithet at that point and then he came out the next day singing a completely different song forget it christine legarde as being some kind of voice of legitimacy shoes in with the troika well to me geithner also was in europe rejecting the common european opinion that there should be a financial transaction tax and you know it they argue that this is capitalism we can't have a financial transaction tax but as we know with high frequency trading the average holding of any share is what a few microseconds clicks on or to villa seconds. so yeah i mean high frequency trading is high frequency looting and those looters in london i guess the lesson we know about this we can learn is that if the looters in

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>> hey, christine. they should actually string together all the times he said pass this bill, just so you could see how many times. i sat in the chamber of the house of representatives for that joint session for most of the speech last night and you really watched the republicans here. if this issue weren't so serious, i have to tell you, there actually would have been some humorous parts in the president was partially taking some of the republican playbook, flipping the script saying there are some things here you used to support, support them now. that's the kind of thing that would get a very predictable response and some of the conservatives running for president like congresswoman michele bachmann weighed in and didn't like it a bit. listen. >> not only should congress not pass his plan, i say, mr. president, stop. your last plan hasn't worked and it's hurting the american economy. >> now, michele bachmann is running for president, but most, but not all of the republicans in the chamber last night

carol, christine?w likely is it that the united states was involved in al awlaki's death? >> reporter: very likely. we can't say with any certainty at this stage, but we know that earlier in the year a u.s. drone targeted al awlaki, it was chasing him in a vehicle. he was escaping. he changed vehicles at the last minute, and when it was when he was changing vehicles that the drone that was targeting him engaged with missiles and as he sort of scooted off in one of the vehicles, they split up into a couple of vehicles, his vehicle was hit on the fender by the missile, but it didn't detonate and it didn't destroy his car, although two other operatives with him at the time were killed in weren't one of t vehicles. the united states has come incredibly close. he is a target. believed to be the first american put on a cia targeting list, if you will. so he is somebody who the united states has said is a key al qaeda operative and he is a valid target. very likely they would have been involved. >> the presid

i would like to have christine talk about what we are going to be doing moving forward. we have had meetings with district attorney george gascono about doing things differently. within the police chief, a new district attorney, we have that opportunity -- with a new police chief, a new district attorney, we have that opportunity. i would also like to acknowledge supervisor ross mirkarimi to come up here just for a moment and say hello, and let me have christine close the program. >> good afternoon, everybody. it was a pleasure to listen to the last panel this afternoon. i am the chief of staff for mr. gascon, and i joined him when he moved over to the d.a.'s office. joining the office on his request, because i think we really have a unique perspective, having worked on the defense side and on policy issues, and i can attest that he is undertaking a wholehearted effort to really bring some reform to the criminal justice system on many fronts, this being one of them that we are evaluating. i hope that you as city and county residents will see in our work that we really ta

thanks, christin. >>> well, it's one thing to say and extremely difficult to do. but they are going to try. a massive plan to save the south bay half a billion dollars. >>> the kids won't go to the dentist so the dentist has to come to the kids. why housecalls are being made at schools. >>> then later an attempt to take a big bite out of apple. amazon's response to the ipad and the deal that may be too good to ignore. ,, so...what do you think? i'm not crazy about these light fixtures. kitchen's too small. what's next? 607 franklin st. ♪ sea bass... ♪ ooohhh! ♪ i like it. yeah, i love the kitchen. [ male announcer ] the epa-estimated 42 mpg highway chevy cruze eco. perfect for finding your way home. a woman for beating on patrol cars. >>> san francisco police this morning arrested a woman for beating on patrol cars. officers found windshields smashed on three of their cars. apparently a homeless man told them that a woman near bryant street and seventh was breaking car windows. officers found her, took her into custody. she faces charges of felony vandalism. >>> a

christin ayers shows us how quickly those foreclosed homes are popping up on the market. christin. >> reporter: allen, a new report says by 2012 there could be tens of thousands of foreclosures all over oakland mostly concentrated in three specific zip codes. and the city and neighbors will pay the price. >> fight, fight, fight! >> reporter: this person never intended to be the face of foreclosure had east oakland. >> they have denied me. >> reporter: but then her mother died, partner had a stroke and her household income plummeted. the banks won't budge on a loan modification. >> well, i'm fighting to keep my home. >> reporter: that's what brought her to downtown oakland to lobby the federal government and banks like wells fargo to reduce the principal loans for homeowners who can no longer make their mortgage and consider turning foreclosed homes into rental properties. >> i live in a neighborhood right behind highland hospital and when i walk down the block, homes are sitting up empty. >> reporter: her home is here in zip code 94605, ground zero for foreclosures. accor

. >>> i'm christine romans. mitt romney and rick perry kicking it up a notch, tangling over jobs and social security at last night's fiery republican debate. who came out on top? we'll break it down ahead. >> i'm carol costello. we're hours away from the unveiling of president obama's highly anticipated jobs plan and we have new specifics on what we can expect the president to propose. propose. on this "american morning." -- captions by vitac -- www.vitac.com >>> good morning everyone. it's thursday, september 8th. welcome to american morning. ali is off this morning. >> good morning. rick perry and mitt romney taking off the gloves and turning up the volume. the gop heavy weights going toe to toe in the republican debate. sparring over social security and who is better qualified to create jobs. jim a costas live in los angeles. the sparks were were flying between romney and rick perry. >> yes, they certainly were. you can say that for sure. last nitric perot o-- owe rick perry showed he can hit back. rick perry

ule anna margolies, christine baranski and alan couple ming. >> christine is too clumsy. kanl can't handle it half the time. i'm loving her on this segment. >> too classy for your own good. >>> i'm from buffalo from the polish neighborhood in buffalo. josh and i talk about football. how about those bills? >> i don't know what you're talking about. i'm a soccer fan. >> this is american football. >> let's get back to "the good wife." there's only one type of football and it doesn't involve helmets. talk about the good wife. we want them all tuning in on sunday. >> they've got to come out of the hotel room. >> do you guys realize what's happened? when do you realize they're at it? >> that's an interesting. >> there's a lot of suspicion. it's still -- i would say still -- i mean, you know, duh, for ot story and tense, we don't know for a while. the whole season last season is about are they going to get together. >> it's unbearable. i was willing them into the hotel room. >> question from people on the street, what happened when you closed the door? we held hands and drank wi

imf chief christine lagarde claims the global economy is entering a dangerous and worrying phase and she is urging world leaders to take cooperative actions to cope with the crisis. english "what needs to happen is that medium-term, long- term, solid well- anchored measures that will actually aim at restoring good public finances by reducing deficits, by stabilizing debt and gradually reducing it." speaking at the opening of the world bank-imf annual meetings in washington thursday... ms lagarde said the crises in the european union and us were threatening the entire world economy... and that the heavy debts could suffocate the global economic recovery. lagarde also said... the global policy should not be driven by day-to -day investor's panic. english "and we really try to look at the fundamentals of economies, we try to look at the policies that have been decided and more importantly, the implementation of those policies." related to that, billionaire investor george soros told cnbc... that the european debt crisis is more of a threat to the global economy than the collapse of inve

christine?rtin savidge, mystery intensifies, thanks. >>> imagine, 190 miles per hour and no brakes. a terrifying high-speed crash during a practice run at the baltimore grand prix. brazilian tony ka nan loses control during the first turn and he hits the back of helio cast tra knee very. his car launches into the air before smashing into the tire barriers. incredibly neither driver was hurt. actually they're friends and competitors. so they talked to one another afterwards an both said, are you okay? and the race went on. >>> four american men have reached the fourth round of the u.s. open for the first time in eight years. but everyone still buzzing about second seed rafael nadal's press conference afterward. the spaniard rolled his head back, squeezed his eyes shut and slid off his chair two hours after winning his third round match. it's a scary moment. turns out it was a leg cramp. nadal's camp is insisting he's okay but that looks painful. very painful. >> i can't imagine no one rushed to h

we're going to christine she calls me up all the time you know she's trying to get herself out of this mess she created ok well this guy goes on to explain that productive wealth has been trapped in a web of parasitic theft counterfeiting liability evasion non-regulation and prosequi tauriel non accountability all the fundamental attributes of a functioning exchange economy have been warped to reward creative criminals. here that's absolutely correct and you know moral hazard is the polite way to say outright larceny you're arsonists they're looters they're plunderers and. you know they do tina's so nineteenth century eighteenth century you need something something new well how about waterboarding yeah that could be you know that's a modern way to extract. a terrorist waterboarding ok yes well because it's not torture but listen one thing that is torture and we all agree is austerity measures and again in this article the the calls for steri are nothing more than the delusional efforts of the status quo to avoid the consequences of its own error and fraud into profit ever more well fra

imf chief, christine lagarde has called on world leaders to take global collective action. english "overall growth is continuing to slow down. the advanced economies in particular are facing an anemic and bumpy recovery with unacceptably high levels of unemployment. the euro area debt crisis has worsened. financial strains are rising and again without collective bold action there is a real risk that the major economies slip back instead of moving forward." speaking at the woodrow wilson center in washington dc... the former french finance minister said... advanced economies are now in a period of "weak growth and weak balance sheets"... which reverberate into a crisis of market confidence, and prolonged lukewarm demand and investment. at the same time... emerging markets in general... have been overheating... causing inflationary pressure and upward credit growth. under the intertwined systematic global economies.. lagarde said that, if advanced economies plunge into another recession... emerging markets will also be pulled down too. her comments are seen as a preview of th

getting these boys to pull up the seats of their pants may prove far more difficult in washington christine for is now our team. that does it for now but for more on the stories we cover and go to our team dot com slash usa or youtube dot com slash r t america and christine for. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. showing corporations around the day. i started this is the kaiser report you know the only good banker seems to be a drawn and quartered banker. yeah you know i'm talking about the humorist as ever max i have a feeling you've read this first headline here banks still expect taxpayer to for their failure this according to paul fischer the bank of england's executive director for markets and he disclosed that quote some banks have told us that they think they should not be required to hold capital and liquidity to deal with such extreme tail events leading the public sector to be the capital provider of last resort it's contradicts what these bankers say in public max well this statement needs t

christine lagarde used theword dangerous.nd our economic recovery too, doesn't it? >> it's a huge issue. europe is our largest trading partner. you hear a lot about china and india and brazil these days but the united states trades mostly with europe. europe trades mostly with the united states. anything that goes wrong there means jobs will dry up there. the broader picture, richard quest was talking about the mechanics of financial failure. why is this happening? the reason this is happening is because in europe as in the united states, people are realizing that growth is going to be slower than predicted. which means whenever growth is slower than predicted it means you're less in tax revenue, more expenditures on unemployment and things like that so your deficit gets worse. that's the fundamental problem and why all these countries like greece and italy, they realize they need more money to finance larger deficits than predicted. the underlying problem is no -- slow economic growth, lack of jobs. >> back to our word assoc

thank you very much, christine. [applause] >> congratulations. >> thank you, mayor lee and supervisor kim. i want to introduce the other association that has been working these 30 years to make markets to a more pleasant place for us. keeping the market here is just one piece of that. carolyn? >> 30 years ago when this market opened, its purpose was to serve low-income, inner-city people with inexpensive and quality produce. over these 30 years, the market has not only fulfilled its promise. it has gone far beyond that. it has become an institution in the mid-market area. health education boostths have provided information, funds have been donated to local causes. students come here as a destination for field trips. local musicians entertaining consumers. children parade through here in their halloween costumes. besides being a source of farmers' livelihood, the market has become a family. it is a resources committee cannot match. the market sits on this historic site, a united nations plaza. it has become what the

christine, we'll keep talking.er where the markets close today, a lot of people believe it's god's will. according to the baylor religion survey that came out this week, 20% of americans, or one in five think that god controls the economy. paul froze is a sociology professor at baylor and co-authored that survey. paul, let me ask you, if there is a significant number of people out there think the economy works because god wants it to work, how do these people explain what we're seeing today? the reasoning behind such a horrible economy. is it that god is punishing us? >> that's a good question. complicated question. the baylor religion surveys are great because they have lots of questions about god and what we're finding, as you said, about a fifth think that god is guiding the economy. but those fifth also think that god is an economic conservative. so that god favors the free market, lack of government regulation, low taxation. so, it could be that these people also believe that when the market is not doing well,

i'm christine for watching our team. well let's start this hour with a look at the state of the economy we have taken a look for months now and the growing gap between the rich and the poor this is one of the major themes of the occupy wall street protests taking place across the country the rich keep getting richer the poor keep in core and the middle class is slowly disappearing let's talk about those rich getting richer wall street and the big banks one of the biggest banks one of those banks that was bailed out by the bush administration it turns out is showing signs that it needs help yet again talking about goldman sachs now this time it's trying at least to help itself taking part in cost cutting measures like cutting thousands of jobs goldman has also announced that switching from twelve ounce drinking cups to ten ounce ones in the offices save to save a few thousand dollars gold is also buying fewer plants for the offices and has decided to make office cafeterias credit and debit card only eliminating the need a

global economy faces a threatening downward spiral this is christine lagarde the new i.m.f. chief and she says europe needs to take its foot off the fiscal brake and shift to growth intensive measures and told the danger has passed insisting that germany has leeway to stimulate demand right so she's saying no austerity measures are bad for the west it is but this isn't that the i.m.f. just recommended for grace austerity measures that's correct i'm not sure she includes them in the west well but the prescription that damn f. is offering is gets a from ic they should just offer schizophrenia back bonds and float those on some global exchange that's pays off on house gets a front the i.m.f. can be that's right well it is also this story this ongoing story between savers versus speculators and as the article points out her comments are certain to cause fear e. in berlin where the i.m.f. is viewed as an agent of keane's ians and french mischief mrs le guard was friend. finance minister until two months ago well you know germany is sitting on a pot load of money and all these oth

in jail well so wherever these unelected officials the timmy geithner's now larry summers and christine lagarde of the world walk or talk of course riots soon follow greece new austerity new riots the more the greek government does to get bailout money the more likely its citizens are to riot the more they riot the more its g.d.p. suffers apparently the troika is insisting on one hundred thousand more people be fired in greece and they're also demanding deeper pension cuts so we know how the greeks respond to this max well the goal is a loss of sovereignty the goal of the troika is to preserve a sovereignty because they want to extract rent from that economy by seizing the income producing assets and they want the greeks to be slaves or live in their own country that's the goal and this is the troika which is just a rebranded hunter if you remember the junta was in greece not too long ago greek people rose up got rid of the well they got the troika well how come they're not doing anything about the troika and they most of run out of energy to deal with it max who are the troika the e.c.

and christine for watching our team. well the request of the united nations security council to recognize a palestinian state has been submitted and moved to a committee that's a move though that could stall the decision on the bid several weeks if not longer now this move comes as leaders from the u.s. and europe say they hope to revitalize efforts for fresh peace talks but after the obama administration has made clear it will they veto the statehood bid also this week an announcement by israel but it plans to build more than one thousand homes in a major jewish settlement so what should president obama's role should have been and will his support of israel come back to haunt him or help him join me now for more as westchester university professor dr lawrence favors davidson he co-wrote the book a concise history of the middle east and also recently wrote an essay calling president obama's words hollow. hey there dr davidson you know there are several takes on the obama administration's position on this talk a little bi