so, g.e.'s sophisticated avionics is going to be put into the hands of a company in essence supplies the chinese military including air force and navy with vital aviation equipment. >> bill: even beyond that jeffrey immelt, the ceo is in charge of the president's council on jobs and competitiveness. this takes jobs overseas to china. and it makes china more competitive against boeing. >> yeah, yeah. >> bill: wait. >> i got it are you surprised that this administration is so tone deaf on this? >> this administration tried to put. >> i know it is. just remember. they tried to put. >> he takes the jobs and the competitiveness. >> settle down. settle down. be calm. be calm. >> bill: i can't. it's outrageous. >> we're going to get you some yoga lessons. remember, this administration tried to put three people in the cabinet who didn't pay their federal income taxes. why are you surprised that they have got somebody in charge of their jobs panel who is busy shipping jobs over to china? >> bill: why? >

. >> g.e., imagination at work. >> g.e. is the biggest industrial corporation in the world.e's their ceo with president obama. [ applause ] >> jeff immelt is perhaps the ceo who is most cozy with president obama. jeff immelt was recently named the country's job caesar. >> i'm proud and breezed that he has agreed to chair this panel. >> general electric is structuring their business around where government is going. everything around high speed rail, solar, wind, general electric is winding up to get what government is handing out. >> the "new york times" so many tax breaks to g.e. thanks to their fierce lobbying that despite billions of dollars in profit, they will pay no taxes this year. once upon a time in america, companies got money from investors and created wealth by inventing things. >> 25 years ago my friends and i started with nothing but an idea. microsoft did that they started with nothing and created billions in shareholder wealth. but then -- >> microsoft is free to compete and compete aggressively but not unlawfully. >> the government sued microsoft for offerin

. >> g.e., imagination at work. >> g.e. is the biggest industrial corporation in the world.their ceo with president obama. [ applause ] >> jeff immelt is perhaps the ceo who is most cozy with president obama. jeff immelt was recently named the country's job caesar. >> i'm proud and breezed that he has agreed to chair this panel. >> general electric is structuring their business around where government is going. everything around high speed rail, solar, wind, general electric is winding up to get what government is handing out. >> the "new york times" so many tax breaks to g.e. thanks to their fierce lobbying that despite billions of dollars in profit, they will pay no taxes this year. once upon a time in america, companies got money from investors and created wealth by inventing things. >> 25 years ago my friends and i started with nothing but an idea. microsoft did that they started with nothing and created billions in shareholder wealth. but then -- >> microsoft is free to compete and compete aggressively but not unlawfully. >> the government sued microsoft for offering pe

cut their benefits which earned more than twenty four billion dollars in profits last year and like g.e. paid no taxes but instead got a tax rebate over the last two years of over a billion books not to mention bank of america boeing exxon mobil citigroup wells fargo some of the biggest corporations in america paid no nada none zero zip taxes in the united states and twenty or so and news corp the parent company of fox so-called news they also escaped without paying any taxes last year yet the million are talking heads over there still paying their taxes or dare why i guess that's why they hired ricky santorum as a contributor earlier this year it wasn't always like this in america though there was a time not too long ago when corporations did pay their fair share during the one nine hundred sixty s. back when america was booming and the middle class was growing corporate taxes made up twenty two percent of all the revenue going into the government but today it's about twelve percent as in corporations have managed to get their taxes cut in half . coincidentally millionaires and billion

and we're talking about some of the biggest companies in the world g.e. bank of america exxon alero you know that's a bipartisan issue and it's and it's a world partly of grover's creating by saying no new taxes ever no tax rates you invite people to game a monkey to tax code it's going to be the biggest players the g.e.'s who are going to say let's attract the crazy idea what grover norquist is on t.v. pushing and he's on every single channel as if it's normal and has all the power because he does have power is what i'm saying and that's it makes sense you want to know where he stands on this because he still scares the hell out of a lot of republicans but few. tom shroder who voters scared republicans are should they be worried about what the american people are going to say rather than grover norquist absolutely but this happens on the democrat side as well there are various pledges that you're supposed to take in order to be a good democrat there's a new line in the sand if you don't ever touch entitlements and if you ever say that you're going to thi

. >> g.e. got a lot of tarp money, too.e got two bites at the tarp apple even though they have hundreds of billions of dollars in receivables. >> bill: g.e. is in business with china immelt -- isn't that a scandal? >> it's such an outrage when we see. >> bill: it. >> we see this stuff happening. china knows it's well-positioned to move into the aviation market. and, frankly, could be in a position to trounce our one of our strongest and most vital manufacturing sectors in our country, which is aircraft manufacturing. so, we're going to see how that plays out. but on buffet, is he going to have this big fundraiser coming up in, bill in the fall for the president. is he going to raise a lot more money. the republicans are way behind in the money game. they may be right on the issues. they have to raise a lot of money to compete. >> bill: directly ahead, christine o'donnell enters the no spin zone. that should be interesting. and, later, new york mayor bloomberg says no religious people should be at the upcoming 9/11 ceremony

happy and to make others around me happy too what is important to me is these big project which is on g.e. and i want to help the people behind it. verdict seems to be could have been much worse for his representatives in thursday's champions league draw domestic title holders in need some petersburg current league leaders both possible roles for the upcoming group stages and eats will live find themselves in group g. alongside portuguese champions pour to shock the next from ukraine on cypriots awful well to meet should be called for the end of taking one of the two qualification spots on offer. join three time going to inter french champions league on turkish from the. board to replace the. previous best result in the champions league and twenty ten when they reach the quarters. let's take a look at the rest of the groups in order as a tough one to call with champions league debutantes month city drawn against german giants munich and not only. last season's finalist manchester united are in group c. really they couldn't ask for much more of a favorable draw. with benfica remaining in n

the glitch impacted 47 stocks, including g.e., coca-cola and m.g.m. tom, no word yet on what caused the problem, but the big board did say systems are back to normal. >> tom: got back to normal pretty quickly by middle afternoon, as a matter of fact, susie. a flip-flop market here, no doubt acted it. confusing prices a little bit with tonight's "market focus." let's get to it. the major indices were able to build slightly on yesterday's strong gains, marking a three- session rally. here's the day's trade for the dow industrials. here it is, you can see despite the fractional gain at the end of the session, it was another day of a 200-point trading range. the market finally caught a sustained bid around 2:00 p.m. eastern time, when the fed's minutes were released, pumping up hope for more stimulus. airplane maker boeing led the dow gainers, up more than 2%. this is the past 30 sessions. and while the stock remains down from earlier this summer, shares are up 15% from its low this month. today, boeing announced it has almost 500 orders for an updated 73

football and he's already brought in brazil legend roberto carlos a russian playmaker good each year and g.e. are currently fourth in the russian premier league. well it's also an important day for another russian club rubina trying to qualify for the group stages of the champions league but they have it all to do in the second leg of their play off against the on in case than needing to overturn a three one deficit from the first game i know have to do with that defender alec who is mean he's injured there's also a diet over the fitness of midfield that. the pressure is on for one aswell boss asked him bangor is depleted side trying to eat in a.z. after a narrow one near win at the emirates in the first leg of the gunners over that midfielder some imaginary after. green to sell him to manage the city for forty one million dollars that's on the back of the recent departure assessed fabregas to barcelona one bit of good news though is that it will be able to sit in the dugout tonight after all after breaching a touchline ban last week you a for have suspended a further ban until the ag of an

i think if we have a tax code where g.e. cannot get off making $500 billion and paying no taxes in america. we can eliminate the farm tax credit. they pay their taxes everywhere but why should we de duct taxes for us. it could be 15%, not 35%. it could be half the rate. we could be simple. there are ways to align each other. one of the disfunctional relationships, though, is the dependence on poll stigses make on the big checks, and corporations are only too happy to make it. g.e. was the largest contributor among corporations four years ago. they contributed $4.3 million. nice investment. they paid no taxes on $5.2 billion last year. guess who helped write the tax code? guess who goes around with the president as his economic advisor? i just hope he doesn't listen to him. we can, you know, a corporation has to make a decision. is it going to be an american head quartered corporation and enjoy the benefit of our marines, the quality of our life, the freedoms it has in america and not pay its fair share in taxes or are we goi

those cuts we're near enough you can compare it with people saying we're going to buy lumber g.e. and buy a porsche and they call their parents and doctors board for all these huge hits birds and crudely this mint in schools and hospitals. and. computers. are old fashioned. out of the situations explosive say experts and frauds could be next to witness roy it's like those in britain to prove regions like the inner part of cities and the suburbs. are socially segregated to very high stand. or in germany so yes unrest come from the suburbs and spread through nicolas sarkozy's flying a fall from france as he chatted on bullshit they teased pacific island of new caledonia with students climbing street protests over the cuts he's left the job of presenting them to his prime minister elect them take the flak for it and hopefully unions students retirees can march directly and protest against their ministers while he's bathing in the sun because these absence in this time of crisis writes leading newspaper le figaro may be clinical politically but his failure to tackle because she's trou

g.e. to the trade reform. they like this is the mine that i would do away with the deduction in the tax code i think it's section one sixty two which allows one to make a call center as an example for see if they deduct pete spencer that from the american taxes. it all be changed. we ought to defend our jobs cooperate that's a great idea and democrats actually tried to do just that last year republicans filibuster the bill after it passed the house to filibuster to some maybe that's why republicans won't invite buddy roemer to the debates but bad mitt romney unlike buddy roemer the republican front runner is sticking to the talking points namely firing more government workers republican governors are piling on to the unemployment rate by laying off hundreds of thousands of government workers all across the country and as president romney is pledging to do the same speaking to voters in new hampshire romney this federal employees we've got too many of them for their take too much and the many cases that we resp

documents destroyed were files related to the burning made off ponzi scheme miles on goldman sachs and the g.e. and other files looking into the behavior of big banks like bank of america citi group wells fargo and morgan stanley in a letter to the chairwoman of the f.c.c. senator grassley wrote it doesn't make sense that an agency responsible for investigations would want to get rid of potential evidence if these charges are true the agency needs to explain why it destroyed documents how many documents are destroyed over what timeframe and to what extent its actions were consistent with the law it looks like this is another case of corporate capture of government regulators but even more troubling maybe the corporate capture of one of the most important committees in the house of representatives the house oversight and governmental reform committee currently chaired by former criminal and now republican congressman darrell issa who also just happens to be the richest man in congress and made much of his money outsourcing the manufacturer of his car alarms to asia for more on that story i'm jo

russian premier league this year looks all but say twenty million dollars believed to be the figure on g.e. have offered for chelsea in russia when you're here is your cough the twenty seven year old is believed to have visited the club's training ground with terms on a four year deal agreed upon the jerk of joined russian own chelsea from c.s.k. moscow two years ago but the versatile player feel to kneel to on a regular pace in the blues starting line up a series of knee injuries not helping his calls either management declined to comment on the move the side signing for silage and roberto carlos in favor of being constantly linked with big names through the season. ok let's stay with the russian probably league work. to put a four game losing skid behind them on monday evening but the summer i thought remain at the foot of the table following the one one draw with a car home siders were on course to move out of the drop zone going up to ten minutes. the pair letting rip but with nine minutes. meaning ilya kind of popped up with an equalizer from car heartbreak for the hard working men wh

eight and a half and seven percent respectively so some of the individual moves on them i say examine g.e. majors among the worst performers on low oil prices gas from losing almost three percent growth in after two and a half percent at the lowest level since december of the world plunged in new york that's all speculation of fuel demand will fall to financial stocks were also under pressure and telecommunications company last telecom was one of the worst trading stocks down three point four percent. global in a season fluctuating. capital group says russian markets are likely to be the first to see an upswing. russia has had a fantastic run look at the. the great run over the last few weeks or so is slowly start to come off but it's coming off from the highs and with the increased amount of exposure to us that with a high amount of exposure to the oil and gas markets i feel that there is near term downside for russian equities to be had but when the recovery comes it will come at some point then the russian market does seem very well positioned to benefit quite significantly from its. f

what company a rez cap press cap is sent to vision of an ally financial the former g.e. nack ok so as all of these firms that we're caught in gazed in mass of securities fraud is that of any kind of legal precedent being applied in anyone going to jail they simply change the name of the shop or go to a new shop or a closer shop and re-invent the shop i mean this is a classic got to shop scheme wall street from a few decades ago reinvented for the modern era using derivatives in this recycling recycling and then who allegedly in this case actually this time criminal acts that front stealing right but it without the criminal acts of fraud american economy would show a huge negative g.d.p. growth because it isn't negative action negative accounting and fraud is that the basis of america's the n.e.p. currently variable. you might be right about that. in this case though the. this was the most agree just behavior we had seen come from executives senior executives heads of mortgages heads of the whole group. literally telling their clients that hey you know what i know you thi

the next phase of the process and make sure that they're actually advocating for big companies like g.e. and the richest of the which to pay their fair share and making sure that that's a part of the deficit solution rather than just more and more austerity and less social services and cuts to medicare medicaid and social security benefit for american families you know if we want to strong dollar we need to be investing in americans not cutting not not cutting their paychecks and and cutting the benefits that they've paid into for all their lives really interesting you your view neal thanks very much for joining us now is rick activists from the u.s. political action group the progressive change campaign committee joining us live there in washington thank. well a fresh outbreak of violence brings more death to syria as government forces fire again on anti-government protesters the un security council has resumed discussions on the situation in the country amid reports of over one hundred being killed on sunday and russia warns that any measures against syria must be restricted to solvin

with plans to pink slip thirty five hundred employees or the ship jobs overseas like jeffrey immelt of g.e. does with over half of their workforce made up of foreign workers pollster frank luntz calls the job creators a term that likely originated from a focus group of the bowels of fox so-called news you know them well a piece of oligarchy facto house organ for the republican party but in reality these corporations and rich people are job killers at least here in the united states but frank luntz would be the first to tell you that more tax cuts for job killers doesn't play as well in the polls and economically it's stupid and we have the evidence of thirty years to prove it in the last few years this nation is going to whacked in the head over and over and over again with economic sadness let's hope one of those whacks wakes us up to common sense tax the olive arts. that's the big picture for tonight for more information on the stories we covered visit our website to tom hartman dot com free speech to or. also check out our to you tube channel is there a link to thom hartmann dot com thi

occasional very shallow old floor says this stage the money which has been the leavings of contrail or g.e. has funds brought traders i think it really feels gets worse then we'll probably see a lot of do leverage and margin calls and redemptions on the euro market the rule or the difference of this grows as compared to what we've heard in two thousand feet there's no not much places where you can run or is gold because your currency is both doing it's a very rare. coins have an account the markets now are not going to have the losses as we've been saying for equities here in russia both the artist on the my six chairs and before one arthur says and has breached the math involved. in the us down james is behaving like something of a yo yo it's given up nearly all the gains it made of kings day it's currently down only three percent the nasdaq is down nearly as much. in your good markets and given up early again if it's these last three percent down the time struck by. as call savers commodities now and as we've been saying well prices are up slightly light sweet is adding around two dollar

to do that is from state america consider this even though g.e. made fourteen billion dollars in profits last year they paid zero taxes no taxes at all and in fact got a tax rebate of over three billion dollars paid for by you and me. let's look at the corporate tax picture since just since george w. bush came into office and nomics on steroids in two thousand corporations made more than one point six trillion dollars in profits and paid on average fifteen percent in taxes. that's well below the thirty five percent rate that republicans often touted as being too high nobody actually pays their state's tax collections in the united states of the thirty four o.e.c.d. countries are second to the bottom and in two thousand and eight these corporations meet even more money and aid you guessed it. less than taxes. they made more than one point eight trillion and paid around twelve point five percent. that's what an army of lobbyists paid to buy off lawmakers and blow holes in the corporate tax code in new york. as pulitzer prize winning writer and econo

rating still remember bear stearns writes of g.e. they gave a aaa rating too to almost the day good grades for firms that collapsed or were bailed out because of bad debt in fact the financial crisis inquiry commission said the three credit ratings agencies were key enablers of the financial meltdown and this brings us to test three ethics ratings agencies are paid by the investment firms they grade and moody's and s. and p. are publicly traded which means they may be more driven to increase profits for shareholders raising this to be right now you have the companies that are being judged paying the bill and i think i'm running a big old version of mr buffett also pointed out the market requires it because these ratings agencies has been around forever so they're in shrine by government regulations which bo yeah they have a stake in test for objectivity for legislation the financial reform has restrictions on rating agencies and the rules that are yet to be written and they care a huge deal about what those rules and up looking like

the people around them to clean it up it's time to tell them the free ride over so are you listening g.e. exxon mobil citi group because i'm talking to you and i'm talking to you as a person is after all according to mitt romney that's what you are. corporations are people my friend we can raise taxes and of course they are everything corporations are also that goes to people so what do you think it goes. tragically the supreme court agrees with it and ever since the high court handed personhood over to corporations those giving them the same rights as we the people to meddle in politics and influence lawmakers the one area these corporations of focused most on is tax dodging as i point out my book on equal protection these corporations unleashed in army of corporate lobbyists to wriggly american tax code was so many loopholes that you'd be hard pressed to find one just one corporation in america that pays any amount even close to the official top corporate tax rate in this country which is between fifteen and thirty five percent of course republicans who are wholly owned by the corporat

of america's business is paid zip zilch zero dollars sagal sam now you probably already heard about g.e. not paying any taxes and we reported to you here but take a look at these other companies who also managed to keep their profits away from the government bigger bank of america the lehrer all of those are also among the top corporations they didn't pay and why of course because of all those complex loopholes in our complicated tax laws that's when all these major companies are actually structured how their business is run based on how they can get away without paying a penny more than they have to now i've got of course the highly skilled lawyers who know all the complexities in the mining details and the end of the day these companies who boast billions in profits are paying no money to our federal government now we should note that there are other ways to avoid paying corporate federal taxes things like hosting overseas tax havens and in fact eighty three percent of the largest companies in america host were called those overseas overseas tax aid it's yet another way to bend the la

. >> reporter: have you tried to get a g.e. d.?. >> yes, i didn't pass the test, i tried three times. >> reporter: many officers consider prostitutes victims but they cannot stop it. >>> oakland's major and police chief outline steps they are doing to stop homicides. they say to begin with they retired 33 officers that had been laid off. >> i really believe to take on crime the whole city has to do it and we have to stand together. we have to say to people it's not acceptable. the violent crime that's happening in some neighbors is not acceptable any where. >> reporter: police report 7,100 homicides so far this year in oakland. there were 52 for all of last year. four people died in shooting incidents last weekend including a 16-year-old boy. the mayor and police chief said they are counting on the community to help fight crime. >>> san francisco's supervisor ross marcarini celebrated his 50th birthday and raised money for his campaign for sheriff tonight. >> reporter: the gathering took place at yoshi's with tickets costing from $

. >> reporter: have you tried to get a g.e. d.?. >> yes, i didn't pass the test, i tried three times. >> reporter: many officers consider prostitutes victims but they cannot stop it. >>> oakland's major and police chief outline steps they are doing to stop homicides. they say to begin with they retired 33 officers that had been laid off. >> i really believe to take on crime the whole city has to do it and we have to stand together. we have to say to people it's not acceptable. the violent crime that's happening in some neighbors is not acceptable any where. >> reporter: police report 7,100 homicides so far this year in oakland. there were 52 for all of last year. four people died in shooting incidents last weekend including a 16-year-old boy. the mayor and police chief said they are counting on the community to help fight crime. >>> san francisco's supervisor ross marcarini celebrated his 50th birthday and raised money for his campaign for sheriff tonight. >> reporter: the gathering took place at yoshi's with tickets costing from $

a company just last week, g.e. announced they're going to spend billions of dollars in china and india, and even companies like google and so on, they're investing in india and china and korea. so the only way we can stop this, if we do some major overall of our system, like do away with our minimum wage, reduce our corporate taxes, do away with the 40e-hour week, and try and mitigate the power of unions. host: eugene, thank you for your call. next up is dallas. this is katherine, a democrat there. go ahead, katherine. caller: good morning, susan. just give me a little time. i don't think we are -- i don't think there are any great solutions for the united states. the united states is the only country that has never fallen, but we're falling now due to the democrats don't have any backbone to stand up for what they believe in, due to the corporate companies. everybody say give them tax breaks. they've had tax breaks for 15 years. it has not bought anything. and like the other lady has said, you bring jobs back, but

records well, the credit cart company g.e.ted it made a mistake and credit bureaus have assured us she is about to be brought back to life. now, it's still not clear what happened but glenda is expecting new credit reports from all three bureaus. credit experts say for the average consumer, this could take weeks or months to fix on your own and that could hit your credit. just more and more reason to check those credit reports once a year. you can do that for free at annualcreditreport.com. foreveryonedoingthemath,yes10 out of 1,000 is 10%. 100 out of 100 case that this dread expert sees has to do with credit. >> 10%. >> amazing. >> the math is okay. how much do i owe? if i'm dead. is it worth it? no, it's not. [ laughter ] >> all right. thank you. >>> a wind of change is coming to the bay area just in time for the holiday weekend. we'll pinpoint the warmup with your forecast. >>> beautiful graphic. big news for the 49ers and their fans. i'm dennis o'donnell. [ laughter ] >> and he may be the baby giraffe now but what was bran

g.e.ould give, $100 maximum. >> anyone can give. >> look, look, we can do this if i have a million people join me, i'm in new hampshire day after day, i can't afford to spend $15,000 to go to iowa, but by god i can be in every county in new hampshire, and we're taking it to the people. it's tough when you start with no money and no name i.d., but we are slowly climbing, chris, we are slowly making a difference, and i will not give up. others have fallen off the table, i have balanced books, cash in the books, contributions from 50 states, we're going to give them hell. >> buddy roemer who outlasted rick perry in the presidential field, candidate for the republican presidential nomination. >> by the way, chris, i'm the only guy running who's been a governor and a congressman. i have something to say. >> experience, buddy roemer, thanks so much. >>> coming up, stark truth about what employers are thinking when an afghanistan veteran stands in front of them asking for a job from an afghanista

. >> you think it's cool for g.e. to pay no taxes? i know i pay taxes. you pay taxes. why shouldn't corporate america pay taxes. >> bill: i would send them all to taiwan. every one of them. >> their corporations get away with murder and the little guy says. >> bill: loopholes. >> you said in the talking points memo you said we need more revenue. you hope the far right knows it. >> bill: right. >> bill, that's an important message and i'm not sure they do know it. >> bill: you can get it without raising in connection with tax rates. mary katharine, we ignored you for far too long. you have the next two minutes. >> as far as the swation tax situation's tax has gone up because the tanning tax has gone up. i'm with you bill on the talking points you said this has illuminated a remarkable ability of the democrats to deny there is an actual issue here with the amount of money that we are borrowing and the amount of money that we have. and they think you can deal with it with a corporate jet tax which is not the case. the american people actually wanted a down payment with cu

i have got to tell you something, how come you don't scream about g.e. pay nothing taxes?> bill: i screamed at least three shows on that. you have got to watch the show, juan. >> big corporations are just outrageous. they have big profits. bill they are not investing at home. call those guys to the table. >> bill: i hope news corps doesn't fire you, juan. >> obama is the guy who doesn't pay any taxes he is sort of tacitly endorsing that. i think what people did not want is obama picking and choosing the guys he doesn't happen to like that don't include jeffrey immelt who he hired and raising their taxes. fair reform, you can get higher revenue for it without injuring the economy. that's an idea. obama could come up with one. >> bill: republicans are never going to vote for income tax rise because of the economic situation. do i believe they would plug loopholes like trillions of dollars being stashed overseas. maybe i'm wrong. mary katharine and juan, thank you. what should do you with your money? assuming you have any. wayne rodgers a very astute investor will be here. be

. >> you think it's cool for g.e. to pay no taxes? i know i pay taxes. you pay taxes. why shouldn't corporate america pay taxes. >> bill: i would send them all to taiwan. every one of them. >> their corporations get away with murder and the little guy says. >> bill: loopholes. >> you said in the talking points memo you said we need more revenue. you hope the far right knows it. >> bill: right. >> bill, that's an important message and i'm not sure they do know it. >> bill: you can get it without raising in connection with tax rates. mary katharine, we ignored you for far too long. you have the next two minutes. >> as far as the swation tax situation's tax has gone up because the tanning tax has gone up. i'm with you bill on the talking points you said this has illuminated a remarkable ability of the democrats to deny there is an actual issue here with the amount of money that we are borrowing and the amount of money that we have. and they think you can deal with it with a corporate jet tax which is not the case. the american people actually wanted a down payment with cu

in g.e. dove. in started buying back stock. we have yet to see that because all of this happened so quickly, so rapidly, but until you see that my advice, generally to folks is don't you be the brave one. have someone step ahead of you. >> shepard: as i mentioned, neil, the recent stock market drop of more than 10% puts us in a technical correction. is this the market's way of predicting our economy is headed back into a recession in a phrase if you could? >> i don't think so. i think we are in a correction. we are not quite at their market territory. the market, as much as i love it, isn't a great predicter though. >> shepard: watch for you 4:00 eastern on fox news channel. and then again at 6:00 p.m. on the fox business network just up the dial. the white house saying again today it does not think we are headed for a double dip recession it insists the economy will keep growing this year. but the president is admitting he would like to pick up the pace when i said change we can believe in, i didn't mean change we can believe