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2/20/09: Economic Crisis
Title:

2/20/09: Economic Crisis

Published:Fri, 20 Feb 2009
Description:"Barnicle's View", with Mike Barnicle, Imus in the Morning, Monday-Wednesday-Friday, 6:55a & 8:55a. Mike talks about the Economic Crisis by the numbers.   2/20/09
+Automatically Generated Transcript  (may not be 100% accurate)

" Online and -- 69 WTKK. Life. You're -- few numbers to --"

" Moves for the weekend. 275000000009. Million. -- afford to -- 627039. This in 47003000. Let's check them out. Gordon's 75 billion in the amount of money the government proposes to spend in order to help perhaps as many as nine in homeowners avoid foreclosure. Seventy force it to -- That was the closing Dow Jones average justice toward the -- was then since the fall of 2002. The year after the country was attacked in shortly before President Bush decided attacking Iraq was a swell idea and doing it while cutting everyone's taxes. Especially the tax -- of the wealthy was an even better -- 627000. That's the number of new jobless claims filed in the country just last week 39 billion. That would General Motors and Chrysler wanted aid from the treasury. 47000. The number of job GM promises to cut by the end of this year 3000. How many jobs crisis as it will cut. The daily carnage of the economy is staggering and scary. The jobless dial up in every industry or one week then collapsed. The national unemployment rate is now seven point 6% in the expert indicated could -- double digits by the end of the summer. After America was attacked the commission was established. Over the protest. Of bush and Cheney. To try and find answers to how our intelligence systems failed us so that -- Well it might be time for another commission and I know many of you probably think commissions -- boat and never amount to much but actually. The 9/11 commission provided some answers to questions that had previously gone on Aspen -- on answered. So maybe it commission impounded to ask and find out why so many smart people so many public people politicians. And famous economy. Missed all the warning light and stops signs of the highway to agreed catastrophe. But the country's been for the last decade how did this happen. Who is responsible for so many broken dreams and broken lives -- in the wake of the systemic collapse would find out. I mean how bad could -- Couldn't be much worse than what we're living right now so. Yeah."

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