motors people familiar with the situation tell us the next round of layoffs could come of this month g.m. said it would be ten thousand of its seventy three thousand salary positions just like anyone else is to use. the early sixty's sixty two three four five six those are what i call the innocent years you know people begin to make good money things begin to turn around here for african-americans and we as kids begin to experience a better life than our parents did. you had people migrating up here from the south and with very little education get hired in right away at the plant you know people were coming up here by the bus loads you know and it really built the middle class in southeast michigan so now that you see that lifeline is not gone but it has changed drastically i want to be successful spirit i want to be successful natural i want to be thought of oh financially i want to be theft or mentally come or some out of the way what good is what helps me to help people. in making wise decisions on stewardship i have a discipline in finances specifically the area of accounting. like that i

g.m. has reported six straight orderly profit chrysler's revenue is said to be up by thirty percent nearly fourteen billion dollars from last year what about bill in the people out you bell about the corporations and they are about the banks and doesn't mean a whole lot because the people who are in the city still don't get those jobs those jobs are still being outsourced so that could nobody in the community they're not getting loans they're not benefiting from them so you still have a large percentage of people who are jobless in this once great industrial beacon of american ideal work and bring forward pioneered the famous model t. production schools police and fire state now stand a bandit as many americans are reduced to dealing and scrap your guilt trip long just to make ends meet in a fortnight r.t. it short. and still ahead here on r t with the economy bringing it main street to its knees so may think it's a great time to take back congress but with a price tag of fourteen billion bucks it may be easier said than done. puzzle big one man who says he's free to lead former congressma

g.m. has reported sixty three orderly profits chrysler revenue is said to be up by thirty percent nearly fourteen billion dollars from last year what about bail in the people out bell about the corporations who bailed out the banks and doesn't mean a whole lot because the people who are in the city so don't get those jobs those jobs are still being outsourced so that nobody in the community they're not good and they're not benefiting from them so you still have a large percentage of people who are jobless in this once great industrial beacon of american ideals where henry ford pioneered the famous model t. production schools police and fire state now stand by bandit as many americans are reduced to dealing and scrapped if you are just to make ends meet what party choice. well let's talk now about politics and power and about one candidate for president who says money talks unless we take a voice away his name is buddy roemer and if you haven't heard of him i quit b. because the mainstream media networks don't send a camera crew every time he makes a speech or releases a report it could be because

g.m. and against the war in vietnam. ask the army we always said free the army or fun travel and adventure but it really meant the. welcome back of the guys report i'm nice guys are you know you can have cheap money without cheap oil time now to go to establish a professor of middle east history and author of chaos in yemen societal collapse and the new authoritarian as a great in a studio to be here all right is the gloomy we've been discussing banking and terrorism in the first after these two meet in yemen well i would suspect there's a direct correlation between the kind of rise of personal indebtedness to. private finance institutions that emerged in yemen starting in the late one nine hundred ninety s. and really caught on as a kind of possible resource for considerable profits for both local yemeni power holders stakeholders and the outside world banking world. and this is taking the form usually in the micro finance banking there's particularly successful banks as far as the outside investors are concerned in this operation called on the al

said you're scheduled at the plant down. from out on the corner nothing more bailout money g.m. i don't think the government should put any more money there until general motors shows that they can be a viable company for the long term and that there's a reasonable chance that any loans that the government would make would be paid back to the taxpayers and the nation that has to go we we don't look at it is a bailout you know you're looking at well why should the taxpayers pay that well here here's a perspective we're all taxpayers you guys are paying taxes right now well now they're saying well you guys make good money you don't have what when you make good money you pay more taxes especially if a more taxes but if you're making good money these are middle class people attach rates. main street there are spending the money to make the world go round there's a lot of things that cash to invest in her book i think for every person automotive anymore right because these people come into town every day so their frequent stores gas stations you pick things up you know most everybody

g.m. i became an agent by accident and i lost my job in one thousand one thousand nine hundred struggling to meet cans meet a friend of mine called me one day and said you don't word from the new york rangers that a sports agency is pursuing me i didn't jump the gun and let those guys pursue my sermon series eventually the company's representatives met with me and i took the job. shut off is well aware of the trials and tribulations this quine's to be himself a twenty three year playing career in cold spartak moscow after that. i've got some colleagues who never played and they think a hockey back variant is not necessary to do their job i tend to disagree as one must be able to evaluate an athlete's current level of performance and his potential and that's what ultimately determines a player's price and while managing mile can go in charge and other big names would be the top entries of course resume no agent would want to miss a transcendent up and coming talent little blossom into a star you're pushing them up with as it was that i would say i represent between forty to fifty players in total including those born in one thousand nine hundred four

g.m.'s plant. i've been to chrysler's jefferson north plant. i've seen detroit prove the cynics and naysayers wrong. we didn't just stop there. we saiders can manufacture the best products in the world so we invested in high-tech manufacturing and we invested in clean energy. and right now there's an advanced battery industry taking root here in michigan that barely existed before. half of the workers at one plant in detroit were unemployed before a new battery company came to town. and we're growing our exports so that more of the world buys products that are stamped with three simple words, "made in america." [cheers and applause] that's what we're fighting for, michigan. >> that's right! >> we're fighting for good jobs with good wages. we're fighting for health care when you get sick. we're fighting for a secure retirement even if you're not rich. >> that's right. >> we're fighting for the chance to give our kids a better life than we had. that's what we're doing to restore middle class security. and rebuild this economy the american way, based on balance and fairness and the same set of rules for everybody, from wall street to ma

g.m. california. solyndra the one in the news is $535 million. what has changed? you said the program changed during the stimulus program. how does the loan question program change? guest: they expanded it such that it focused more on deployment. actual projects to be in utter in the ground and companies can apply multiple times. it adjusted to advance the technology much further much faster. host: with the hope of creating more jobs quickly? guest: absolutely. and when you look at the 10 projects approved the vast majority were just in august and september of this year. seven out of 10 just received funding but those in place for a while are creating jobs in rural areas that have some of the highest unemployment across the country. so they are making investments and moving dirt and creating new opportunities. host: what changed about the loan question program that increased the risk to u.s. taxpayers? guest: there is no adjustment if you will to the risk to the taxpayers. it is the same in the 2005 energy loan question program as it is in the 1705 program. the primary shi

. >> if the company, g.m., says that they're working towards it or they may have said they paid the taxpayert's fuzzy math and it's not quite right. >> no, we still have the 26% stake and we're still underwater. >> at some point, do you think we should sell it back? >> i don't know. >> he doesn't know something. i'm going to let you think about that for nine hours. 12 hours and then i'm going to ask you tonight when we're on hannity. >> g me, dana. thank you very much. all right, varney, you have the show starts at 9:20. >> varney & company, starting at 9:20 this morning. let's see what happens with the market today. >> as soon as i leave here, i'll rush back to my hotel so i can watch it. >> really? i'm flattered. >> coming up, the incredible image that police are using to catch the crooks. we told there's dancing. now we have the proof. cameras roll as steve doocy gets a line dancing lesson at "fox & friends" 15th anniversary celebration. and is the newly crowned miss universe a cheater? she's here to defend the title against allegations of fraud. [ male announcer ] when these come togethe

g.m. to work with them to manufacture cars over there so they can sell them over here. we said that we ought to be manufacturing those cars over here with american workers to sell them in china. and in other countries and they're playing the same game with us. this is an enormously successful program and so they're submitting their successes of yesterday by trying now to cut other programs which do this. they're talking about cylindra. cylindra went broke for a very simple reason. i sat in the hearings. i don't think many other members did. and i heard that the reason they went under was the trade practices of the chinese. that's why they're underselling, despite of the fact that we tried to bring that technology over here and make it work for the mesh people, to provide jobs -- american people, to provide jobs to the american people. you know, my republican colleagues are making the war between the american workers and american industry on the one side and those who have need of relief for the disasters. . that's not good. we should help. there is no need to have an offset for

g.m. california. solyndra the one in the news is $535 million. what has changed? you said the program changed during the stimulus program. how does the loan question program change? guest: they expanded it such that it focused more on deployment. actual projects to be in utter in the ground and companies can apply multiple times. it adjusted to advance the technology much further much faster. host: with the hope of creating more jobs quickly? guest: absolutely. and when you look at the 10 projects approved the vast majority were just in august and september of this year. seven out of 10 just receid funding but those in place for a while are creating jobs in rural areas that have some of the highest unemployment across the country. so they are making investments and moving dirt and creating new opportunities. host: what changed about the loan question pgram that increased the risk to u.s. taxpayers? guest: there is no adjustment if you will to the risk to the taxpayers. it is the same in the 2005 energy loan question program as it is in the 1705 program. the primary shift i