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Aug 6, 2011
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. >> sylvester pays the scrap dealers the equivalent of eight euros.e hopes to make a profit later in the day. the youngsters have enough cash to buy six monitors. they set to work salvaging the spare parts. youngsters are busy all over the large waste disposal site taking the equipment apart while their elders sell everything of value carefully they cracked open the monitress to access the parts inside. abbas is 15-years old and does not have a computer at home. his parents are market sellers. >> [unintelligible] i work to add to their money. >> it does not take long to find a buyer for the transistors, the most lucrative find which demands high prices on the commodities market. >> [unintelligible] we salad and a ticket to the company. >> the porch of tama is the gateway to ghana. each month 300 contenders are right. they are usually mixed with broken equipment despite international regulations. for a wholesaler, they're always surprises. >> some come from china. [unintelligible] you test it. when it is ready, you sell it. >> daniel says scrap can acc
. >> sylvester pays the scrap dealers the equivalent of eight euros.e hopes to make a profit later in the day. the youngsters have enough cash to buy six monitors. they set to work salvaging the spare parts. youngsters are busy all over the large waste disposal site taking the equipment apart while their elders sell everything of value carefully they cracked open the monitress to access the parts inside. abbas is 15-years old and does not have a computer at home. his parents are market...
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Aug 16, 2011
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lisa sylvester reports from washington. >> the congressional super committee of 12 has been tasked withg $1.5 trillion from the deficit. aside from feeling the pressure from their home state constituents, they are also under pressure from special interest groups. at&t and other wireless carriers, for example want the federal government to auction off valuable radio spectrum, arguing would be a great revenue generator for the federal government. it would also be hugely profitable to the communications companies desperate for more airwaves for the next generation of portable devices. three of the 12 members have received generous campaign contributions from at&t over the years. more than 77,000 to representative james clyburn. more than the 99,000 to fred upton and more than $53,000 to representative jeb hensarling. bill ellison is with the public watchdog group. the sunlight foundation. >> when you look around, there's a lot of different players, contributed to members of congress who have a real stake in the outcome of the negotiations. >> the anti-tax group club for growth is the numbe
lisa sylvester reports from washington. >> the congressional super committee of 12 has been tasked withg $1.5 trillion from the deficit. aside from feeling the pressure from their home state constituents, they are also under pressure from special interest groups. at&t and other wireless carriers, for example want the federal government to auction off valuable radio spectrum, arguing would be a great revenue generator for the federal government. it would also be hugely profitable to...
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Aug 10, 2011
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as lisa sylvester reports, bernanke may not have that many tools left in his box though. >> reporter:my has been sputtering along. last quarter u.s. economic growth was a measly 1.3%. the federal reserve acknowledged consumer spending is down. the housing sector still taking a beating and things are not looking good on the job front. investors have been looking to the fed to work its magic and get the economy moving again. to that end the federal reserve gave the markets a gift, pledging to keep interest rates near zero at least through mid 2013. >> they're speaking directly to the markets. they're telling banks and bondholders, bond investors that they can count on ultra low interest rates for at least 24 more months which is a pretty major statement i think. >> reporter: that means low cost for americans to borrow for a house or a car or to take out a college loan, at least for another couple years. until the now the fastball only said it would keep interest rates low for, quote, an extended period, without spelling out how long that was. but the central bank did not commit any new
as lisa sylvester reports, bernanke may not have that many tools left in his box though. >> reporter:my has been sputtering along. last quarter u.s. economic growth was a measly 1.3%. the federal reserve acknowledged consumer spending is down. the housing sector still taking a beating and things are not looking good on the job front. investors have been looking to the fed to work its magic and get the economy moving again. to that end the federal reserve gave the markets a gift, pledging...
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Aug 29, 2011
08/11
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cnn's lisa sylvester is joining us once again.homeowner should know about. >> yeah, absolutely, wolf. you can see the picture, the images, the water, the raging rivers. a big question are people actually covered, will they have money from the insurance company to rebuild and repair their homes? and it hinges on whether or not they have the straight insurance policies or if they have flood insurance. if they have flood insurance they're in good shape, however, so many people do not have flood insurance. they have the straight home homeowner's policy. we can show you, the source of this, floodsource.gov. a scenario of a 2,000 square foot, just a foot of water, you can see how the costs add up quickly. $2,600 for cleaning. almost $3,000 for dry wall. you can see how this adds up. we can go to the bottom again. this is just a 2,000-square foot house. we are talking about $52,000, more than $52,000 that might have to go out of pocket. what's happening in these days and the weeks ahead is you'll have claims adjusters who will be going o
cnn's lisa sylvester is joining us once again.homeowner should know about. >> yeah, absolutely, wolf. you can see the picture, the images, the water, the raging rivers. a big question are people actually covered, will they have money from the insurance company to rebuild and repair their homes? and it hinges on whether or not they have the straight insurance policies or if they have flood insurance. if they have flood insurance they're in good shape, however, so many people do not have...
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Aug 1, 2011
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let's go to lisa sylvester. she's over at the data wall picking up this part of the story. >> we're talking about $1 trillion in cuts, but then on top of that, there lab bipartisan committee that will be formed. you could call it a super committee, if you will. there's some question and debate about how successful they will be and tackling the revenue side of it. they'll be looking at defense spending and nondefense spending. some of the potential cuts really we're talking across the board in terms of the government. transportation, education, and energy. these are just a few of the examples that this bipartisan committee will be taking a look at. we go to something called the trigger. we will be hearing a lot about this. you're talking automatic cuts across the board. 50% from defense, 50% from nondefense. things like social security, entitlement programs, low income spending, those things would not be cut. pla particularly when you're talking about defense, we're seeing pushback. in the defense budget, the fir
let's go to lisa sylvester. she's over at the data wall picking up this part of the story. >> we're talking about $1 trillion in cuts, but then on top of that, there lab bipartisan committee that will be formed. you could call it a super committee, if you will. there's some question and debate about how successful they will be and tackling the revenue side of it. they'll be looking at defense spending and nondefense spending. some of the potential cuts really we're talking across the...
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Aug 3, 2011
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lessa sylvester is looking into this part of the story for us. what are you finding? money talks. >> it does, wolf. we have six democrats and six republicans who will be named to the super committee. there nearly 13,000 registered lobbyists and many right now are trying to figure out who is most likely to wind up on that committee and how they can get access to them. bob walker is a former congressman and one of the biggest lobbyists in washington. he said in the months ahead, plenty of people will be knocking on the doors of congress, a super committee of republicans and six democrats will be empanelled to recommend ways to reduce the deficit by $1.5 trillion. the members yet to be named will be at the center of a lobbying storm. >> all the organizations around town and the companies around town, all the unions and everybody else are lining up to put pressure here in washington. the fact that there only 12 of them and they can be influenced by districts as well. there will be huge grass roots and campaigns run in the 12 areas. that will put additional pressure into the system. >>
lessa sylvester is looking into this part of the story for us. what are you finding? money talks. >> it does, wolf. we have six democrats and six republicans who will be named to the super committee. there nearly 13,000 registered lobbyists and many right now are trying to figure out who is most likely to wind up on that committee and how they can get access to them. bob walker is a former congressman and one of the biggest lobbyists in washington. he said in the months ahead, plenty of...
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Aug 2, 2011
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lisa sylvester is joining us now with more on this part of the story. lisa? >> $2.1 trillion in cuts, and the first wave of that actually starts in fiscal year 2012. congressional approach aye tors are going to have to take out their red pens and decide how to cut billions from the budget. the debt ceiling deal swings a big ax up front that grows even bigger over time. starting next year, $25 billion will be cut from discretionary spendinging. the government's day to day operating budget. the cuts grow larger until 2021, reducing the deficit by $917 billion. so who will likely be impacted? at the top of the list, federal workers who are already operating under a two-year pay freeze. john gauge, the president of the american federation of government employees is anticipating layoffs. >> this is pretty drastic stuff. and i don't think the agency can simply, you know, these cuts for them to be enacted have had a huge implications for the agencies. and they can't be -- they can't be met by freezing travel or training. you know, this is really to the bone stuff in
lisa sylvester is joining us now with more on this part of the story. lisa? >> $2.1 trillion in cuts, and the first wave of that actually starts in fiscal year 2012. congressional approach aye tors are going to have to take out their red pens and decide how to cut billions from the budget. the debt ceiling deal swings a big ax up front that grows even bigger over time. starting next year, $25 billion will be cut from discretionary spendinging. the government's day to day operating budget....
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let's bring in lisa sylvester.ens. >> polygamist sect leader warren jeffs was just found guilty on two counts of sexual assault. those charges are aggravated sexual assault of a child under 14, carrying a potential term of anywhere from 5 to 99 years. the other charge was sexual assault of a child under 17, which carries a possible term of between 2 and 20 years. jeffs was charged with sexual assault after a raid on a ranch back in 2008 near el dorado, texas, that his church used to operate, the fundamentalist church of jesus christ of latter day saints is the church he headed. it took the jury roughly about 3 1/2 hours to render this decision. the next phase is the penalty phase. the same jury will decide hi fate, wolf. >> lisa, thanks for the update. >>> whether it's dealing with war, a tough economy, or the sheer weight of the office, the gray hairs certainly come quickly for a president of the united states. look at this. during his eight years in office, bill clinton's hair turned almost completely why. a simi
let's bring in lisa sylvester.ens. >> polygamist sect leader warren jeffs was just found guilty on two counts of sexual assault. those charges are aggravated sexual assault of a child under 14, carrying a potential term of anywhere from 5 to 99 years. the other charge was sexual assault of a child under 17, which carries a possible term of between 2 and 20 years. jeffs was charged with sexual assault after a raid on a ranch back in 2008 near el dorado, texas, that his church used to...
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Aug 11, 2011
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liza sylvester is now monitoring other top stories. >> mr.ameron is praising the bravery the officers, but now says it is clear that far too few police officers were deployed and their tactics weren't working the violent first erupted. he insists that every contingency is looked at. more than 1200 people have been arrested in the uk. seven people are dead and more than 35 injured follow the back-to-back explosions. the first blast occurred when a bomb remotely detonated. minutes later a teenage suicide bomber blew herself up. suicide attacks carried out by women are still pretty rare. take a look at this. captures a truck loaded with 20 tons of garlic and on yunsz overturning. in just seconds a woman was buried under the rubble. the whole things happened so fast even the camera didn't get enough -- the woman is alive and well. the cause of the accident is still being investigated. >>> an amazing transformation more than two years in the making for a woman mauled by a friend's pet chimpanzee. they have released the first photos sin undergoing
liza sylvester is now monitoring other top stories. >> mr.ameron is praising the bravery the officers, but now says it is clear that far too few police officers were deployed and their tactics weren't working the violent first erupted. he insists that every contingency is looked at. more than 1200 people have been arrested in the uk. seven people are dead and more than 35 injured follow the back-to-back explosions. the first blast occurred when a bomb remotely detonated. minutes later a...
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Aug 12, 2011
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our lisa sylvester is monitoring that. top stories in "the situation room" right now. a big setback, potentially. >> that's right, wolf. the u.s. court of appeals in atlanta has ruled the individual mandate section, which requires almost all americans to purchase health insurance by 2014 or face financial penalties unconstitutional. the court argues that doing so was an improper exercise of federal authority. the ruling could likely prompt an election year show down at the u.s. supreme court over this legislation. >>> new charges filed against those three siblings nabbed after a dramatic high-speed chase with police. each was charged today with attempted murder and assault on a police officer in one colorado county. similar charges were filed yesterday in a separate county. the three are also accused of bank robbery in georgia and attempted murder in florida. >>> a former pennsylvania juvenile judge has been sentenced to 28 years to prison for accepting millions of dollars in bribes to incarcerate young people in detention
our lisa sylvester is monitoring that. top stories in "the situation room" right now. a big setback, potentially. >> that's right, wolf. the u.s. court of appeals in atlanta has ruled the individual mandate section, which requires almost all americans to purchase health insurance by 2014 or face financial penalties unconstitutional. the court argues that doing so was an improper exercise of federal authority. the ruling could likely prompt an election year show down at the u.s....
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Aug 12, 2011
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. >> reporter: state representative sylvester turner supported the light up texas program. wants to pull the plug and stop charging utility customers for it. >> government in the state of texas is now addicted to this fund. we're addicted to it and we're going to continue to remain addicted to it until someone exercises the will and the courage to pull away from it. >> reporter: the needy can see the results in their electric bills. the 17% monthly discount the light-up program funded all year has been cut to 10% and is now available only during the five hottest months. >> i feel like all of the poor people are forgotten because they promise, promise, promise, but they don't come through with what they're promising. >> reporter: it's a crisis with life-and-death consequences. last month, an 81-year-old man was found dead here in his hot home, his air conditioner turned off. relatives say he couldn't afford his electric bill. mark strassmann, cbs news, dallas. >> pelley: following up his worst-ever day at the p.g.a. golf championship, tiger woods played another erratic round
. >> reporter: state representative sylvester turner supported the light up texas program. wants to pull the plug and stop charging utility customers for it. >> government in the state of texas is now addicted to this fund. we're addicted to it and we're going to continue to remain addicted to it until someone exercises the will and the courage to pull away from it. >> reporter: the needy can see the results in their electric bills. the 17% monthly discount the light-up...
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Aug 9, 2011
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lisa sylvester is here working the story. a lot better today. >> much better today.he markets were very happy. the dow jones is up 429 points. what a difference a day makes. the federal reserve or committee met and announced they will keep the funds rate at 0 to.25%. they made that decision saying economic growth has been considerably slower than the committee expected. the economy has been puttering along. the economic growth was a measly 1.3%. the federal reserve acknowledged spending is down. the housing sector still taking a beating and things are not looking good on the job front. investors have been working to work the magic and get the economy moving. the federal reserve gave the markets a gift, pledging to keep interest rates near zero at least through mid 2013. >> they are speak to the markets. they are telling banks and bond holders and bond investors that they can count on ultra low interest rates for at least 24 more months. that's a pretty major statement, i think. >> that are means low cost to borrow for a house or a car or to take out a loge loan. unti
lisa sylvester is here working the story. a lot better today. >> much better today.he markets were very happy. the dow jones is up 429 points. what a difference a day makes. the federal reserve or committee met and announced they will keep the funds rate at 0 to.25%. they made that decision saying economic growth has been considerably slower than the committee expected. the economy has been puttering along. the economic growth was a measly 1.3%. the federal reserve acknowledged spending...
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Aug 18, 2011
08/11
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lisa sylvester is monitoring that and other top stories. >> well, israel's military says it launchedn air strike in gaza due to what then yahoo! see office called concrete evidence at least seven were killed in the initial assault. hamas denies responsibility and says israel was looking for a reason to strike. >>> hewlett-packard is planning to spin off its personal computer business. the dramatic move to reshape the could you due this part to a slump in pc sales. >>> and the fbi says the woman believed to be the so-called bandit has been apprehended. she's want for up to 20 robberies. she got the name bad hair bandit because of the different wigs she have wearing when committing the crime. >>> and amazing video of a brawl at a basketball game in china. chaos broke out between georgetown university's men's basketball team and a chinese team. punch, chair, even water bottles were thrown. it's unclear what prompted the fight. the game ended abruptly tied at 64 a piece. the brawl happened a day after vice president biden attended a georgetown game on his official trip through china. ver
lisa sylvester is monitoring that and other top stories. >> well, israel's military says it launchedn air strike in gaza due to what then yahoo! see office called concrete evidence at least seven were killed in the initial assault. hamas denies responsibility and says israel was looking for a reason to strike. >>> hewlett-packard is planning to spin off its personal computer business. the dramatic move to reshape the could you due this part to a slump in pc sales. >>>...
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Aug 23, 2011
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but you can see a lot of damage here, wolf. >> lisa sylvester in northern virginia. of this quake was down in mineral, virginia. that's not far from the capital. brian is live. what are you hearing and seeing from your vantage point? >> reporter: wolf, we're just outside the nuclear power plant which is near the epicenter that we got here. we have information from the power plant. again, a cause of real concern because it's close to the epicenter of the earthquake. it's in mineral virginia and it's over this ridge here. we've got some aerial shots of the plant to show you. what we're told now about the nuclear power plant, two reactors there, they are shut down, that they're going through the call shut down process. the reactors are shut down. they have to be cooled. that's what they are doing right now. they are doing that on backup generator power. the owner and operator of this facility has said that there's been no release of radioactive material into the atmosphere and no significant damage or injuries here at the plant. one official, said that there was minor d
but you can see a lot of damage here, wolf. >> lisa sylvester in northern virginia. of this quake was down in mineral, virginia. that's not far from the capital. brian is live. what are you hearing and seeing from your vantage point? >> reporter: wolf, we're just outside the nuclear power plant which is near the epicenter that we got here. we have information from the power plant. again, a cause of real concern because it's close to the epicenter of the earthquake. it's in mineral...
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Aug 22, 2011
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lisa sylvester is here monitoring that and other stories in "the situation room" right now.n? >> reporter: hi there, wolf. hurricane irene is storming through the caribbean unleashing widespread flooding and power outages in preako and now it's moving its way towards the dominican republic and could reach north carolina by friday. forecasters say it's still too early to say for certain where it will hit. another bombshell in the dominique strauss-kahn case. sexual assault charges against the former head of the international monetary fund will be dropped. that coming from the lawyer of the hotel housekeeper who aaccuses strauss-kahn of attacking her. attorney kenneth thompson met with the manhattan district attorney's office ahead of tomorrow's status hearings. he said the d.a. is denying his client justice. wolf? >> what a story that is, too. thanks very much. >>> desperation setting in for foreign journalists trapped in a hotel in tripoli right now. our own matthew chance is one of those journalists inside the hotel. we'll speak with him when we come back. >>> moammar gadha
lisa sylvester is here monitoring that and other stories in "the situation room" right now.n? >> reporter: hi there, wolf. hurricane irene is storming through the caribbean unleashing widespread flooding and power outages in preako and now it's moving its way towards the dominican republic and could reach north carolina by friday. forecasters say it's still too early to say for certain where it will hit. another bombshell in the dominique strauss-kahn case. sexual assault...
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Aug 19, 2011
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lisa sylvester gives us a taste of the anger that's out there. lisa?has been a brutal month for the economy. unemployment is above 9%. people have watched their retirement accounts plummet in value. constituents want their lawmakers to know they are mad. >> i want to see you working together. that means kras, republican, that means two parties, however you may call them. >> how can you stand here in front of all of us and take a pledge not to raise taxes? >> and they are angry. >> people who can afford! >> across the country, people are mad. mad at politicians for ignoring them and mad at politicians for ignoring each other. representative brett upton of michigan had his town meeting repeatedly interrupted. angry constituents parked themselves outside of their office. they couldn't get a meeting with him. >> among the protesters, steve similar co. >> it's an associates degree. i cannot find a job. i am -- i'm at a loss that our government and our officials are not standing up for them like we had asked. >> this is a town hall meeting. >> it's not just
lisa sylvester gives us a taste of the anger that's out there. lisa?has been a brutal month for the economy. unemployment is above 9%. people have watched their retirement accounts plummet in value. constituents want their lawmakers to know they are mad. >> i want to see you working together. that means kras, republican, that means two parties, however you may call them. >> how can you stand here in front of all of us and take a pledge not to raise taxes? >> and they are...
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. >>> lisa sylvester is following a fast-moving story. what's going on? confirming that a potential explosive device was found attached to a gas line near oklahoma today. this device is being described as a type of pipe bomb with a timing device on it. the potential ied was disabled and the fbi said the device is being examined. an investigation is under way. wolf? >> we will check out that story as well. thanks very much, lisa. the u.s. raid that killed osama bin laden is going hollywood. a filmmaker is in the n preliminary stages of making a movie about the raid and gotten access to white house, pentagon and cia officials. that has the chairman of the homeland security committee demanding an investigation. >> we are talking about revealing classified information that can put american lives at risk. what they have done for 90 days if they haven't until now, i say okay. they have a horrible track record. it's embarrassing what they have done. they are putting lives at risk. so many people in the community were outraged by what they have been doing. on top
. >>> lisa sylvester is following a fast-moving story. what's going on? confirming that a potential explosive device was found attached to a gas line near oklahoma today. this device is being described as a type of pipe bomb with a timing device on it. the potential ied was disabled and the fbi said the device is being examined. an investigation is under way. wolf? >> we will check out that story as well. thanks very much, lisa. the u.s. raid that killed osama bin laden is going...
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actor nick nolte says it helps repair the body and at age 61, sylvester stallone used it to get buff human growth hormone or hgh, the so-called fountain of youth. but it's not just for celebrities anymore. former nfl player ed and his wife beth say when they hit middle age, they just weren't feeling like themselves anymore. >> i decided for myself that i didn't feel well, that i lost a lot of zest for life. >> before we started doing this i worked out pretty hard and for the next two or three days i'd pay the price because it hurt. >> reporter: then they heard about the naturally occurring hormone. hgh promotes growth when we're young and diminishes when we age, but it can be injected back into the body. along with healthy eating, exercise and other medications like melatonin and progesterone, r beth and testosterone for ed, the couple started injecting hgh daily after their doctor legally prescribed it eight years ago. they noticed a big change within months, everything from a spiced up sex life to good skin. ed says at nearly 70, he feels 20 years younger, and beth, who is 64, feel
actor nick nolte says it helps repair the body and at age 61, sylvester stallone used it to get buff human growth hormone or hgh, the so-called fountain of youth. but it's not just for celebrities anymore. former nfl player ed and his wife beth say when they hit middle age, they just weren't feeling like themselves anymore. >> i decided for myself that i didn't feel well, that i lost a lot of zest for life. >> before we started doing this i worked out pretty hard and for the next...
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lisa sylvester is monitoring that and some of other top stories in "the situation room" right now.ing on? >> hi there, wolf. >>> honda is recalling 1.5 million cars in the united states specific to transmission problems, it can cause the engine to stall and the parking gear mechanism to jam. the japanese automaker will update software in cars. the affected models are 2010 crvs and 2005-2008 honda elements and 2004-2010 honda accords. no injuries or deaths have been reported. >>> nasa launched the mission juno satellite into orbit today. it will take the spacecraft five years to travel 400 million miles to jupiter. nasa says juno will offer a unique look at how the solar system came to exist. jupiter is about 1,300 times larger than the earth, wolf? >> lisa, thank you. >>> it's one of the last places you'd expect to find a snake. cnn's jeanne moos shows us a slithering surprise. we'll be right back. >>> to those always searching for what's pure and what's real from we who believe we know just how you feel. haagen-dazs. man on tv: ...rbis and 36 homers. swings at the first pitch and
lisa sylvester is monitoring that and some of other top stories in "the situation room" right now.ing on? >> hi there, wolf. >>> honda is recalling 1.5 million cars in the united states specific to transmission problems, it can cause the engine to stall and the parking gear mechanism to jam. the japanese automaker will update software in cars. the affected models are 2010 crvs and 2005-2008 honda elements and 2004-2010 honda accords. no injuries or deaths have been...
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Aug 10, 2011
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at age 61 sylvester stallone used it to get buff for "rambo 4."talking about human growth hormone, hgh. the so-called fountain of youth. but it's not just for celebrities anymore. former nfl player ed loughner and his wife beth said when they hit middle age they weren't feeling like themselves anymore. >> we had decided for myself that i didn't feel well, that i had lost a lot of zest for life. >> before we started doing this, i'd work out pretty hard. for the next two days or three days i'd really pay the price. because it hurt. >> reporter: then they heard about the naturally occurring hormone. hgh promotes growth when we're young and diminishes as we age. it canane injected back into the body. along with healthy eating, exercise and other medications like melatonin and progesterone for beth, testosterone for ed, the couple started injecting hgh daily after their doctor legally prescribed it eight years ago. they noticed a big change within months. everything from a spiced-up sex life to good skin. ed says at nearly 70 he feels 20 years younger.
at age 61 sylvester stallone used it to get buff for "rambo 4."talking about human growth hormone, hgh. the so-called fountain of youth. but it's not just for celebrities anymore. former nfl player ed loughner and his wife beth said when they hit middle age they weren't feeling like themselves anymore. >> we had decided for myself that i didn't feel well, that i had lost a lot of zest for life. >> before we started doing this, i'd work out pretty hard. for the next two...
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to find out what that means for you, we asked our own lisa sylvester to take a look for you.hese aren't just numbers we're talking about, these are people's lives and their portfolios. the way they can put food on the table, if you would. >> and their homes are included in that list. in the short-term today, we saw interest rates went down. but over the next few weeks and months, there is a very good chance the downgrade of fannie mae and freddie mac will mean that if you are shopping for a new house, it is going to cost you more. there's a good chance that your mortgage loan is either owned or backed by either fannie mae or freddie mac. these private companies that receive private funding own or guarantee half of all mortgage loans in the united states. that's some 31 million homes. s&p downgraded fannie mae and freddie mac from aaa to aa plus. in a statement, s&p said the downgrades reflect their direct reliance on the u.s. government. >> things have been -- >> reporter: lawrence is with the national association of realtors. what impact will this downgrade have? >> well, ce
to find out what that means for you, we asked our own lisa sylvester to take a look for you.hese aren't just numbers we're talking about, these are people's lives and their portfolios. the way they can put food on the table, if you would. >> and their homes are included in that list. in the short-term today, we saw interest rates went down. but over the next few weeks and months, there is a very good chance the downgrade of fannie mae and freddie mac will mean that if you are shopping for...
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Aug 15, 2011
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let's bring back lisa sylvester. where's all this money coming from for these politicians? >> they're going to have to have pick winners and losers. the full 40us will not be able to offer any kind of amendments or make changes to any kind of compromise they come up with. it all comes down to this committee. some have deep ties to special interests. the congressional supercommittee of 12 has been tasked with slicing $1.5 trillion from the deficit. aside from feeling the pressure from their home state constituents, they are also under pressure from special interest groups. at&t and other wire leless providers want them to auction off valuable spectrum. it would be hugely profitable to the communications companies desperate for more airwaves for the next generation of portable devices. 3 of the 12 members have received generous campaign contributions from at&t over the years. more than $77,000 to representative james clyburn. more than $99,000 to fred upton and more than $53,000 to jeb henserling. >> when you kind of look around, there are all kinds of play ers that have a re
let's bring back lisa sylvester. where's all this money coming from for these politicians? >> they're going to have to have pick winners and losers. the full 40us will not be able to offer any kind of amendments or make changes to any kind of compromise they come up with. it all comes down to this committee. some have deep ties to special interests. the congressional supercommittee of 12 has been tasked with slicing $1.5 trillion from the deficit. aside from feeling the pressure from...
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Aug 11, 2011
08/11
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lisa sylvester, cnn, washington. >> let's go where the news is a bit brighter. shall we?for the big pga tournament. the weather is very much a factor. >> it is. yesterday couldn't have been more perfect. but we are going to get back to what's par for the course down around this part of the world. in august. which means increasing levels of humidity. you see the players on the practice tee. the first tee-off times are going off now on one and ten. tiger, phil and adam scott will be some of the early morning pairings. and we will be updating you on those throughout the morning. talk about the heat first of all. across texas, across parts of mississippi. these are the record highs. the list is beginning to shrink. that's the good news. as are the number of advisories out for this part of the world. 105 in midland. 102 for a high in vicksburg. dallas continues 100-plus days and continuing. pleasant across the northeast. surface map, that's why we have dry conditions here as far south as atlanta yesterday. cool front came through. humidity levels will be on the rise as we go o
lisa sylvester, cnn, washington. >> let's go where the news is a bit brighter. shall we?for the big pga tournament. the weather is very much a factor. >> it is. yesterday couldn't have been more perfect. but we are going to get back to what's par for the course down around this part of the world. in august. which means increasing levels of humidity. you see the players on the practice tee. the first tee-off times are going off now on one and ten. tiger, phil and adam scott will be...