March 9, 2009

Rachel Ray, Your Money and Job Search Experts!

Posted: 12:31 PM ET

Tonight, Rachael Ray says she can feed your entire family for less than $10 a meal!  Find out how!   Then, we'll talk to personal finance experts with advice on how YOU can weather this economic storm.   Also tonight, career and job search experts tell you where the jobs are and HOW to get noticed when applying.  Ray


CLICK HERE to comment and tune-in tonight at 9 p.m., ET!  We just may use your comment on the air.

As always:

1) Stay on topic.
2) Keep it short
3) No curse words

4) No links

5) Use a name (no initials or screen names)

Filed under: Economy • Larry King Live

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IDA CLARK   March 9th, 2009 1:38 pm ET

1THESSALONIANS 4; 18 then go to MATTHEW 24;3-6 7 8 KEEP READING AND READ CAREFULLY, II TIMOTHY3; 1-9 and stop the blame for it must come to pass ,IJOHN 2;28, and just keep the faith
PLEASE PEOPLE OPEN YOUR BIBLES AND BELIVE THAT ONLY GOD IS ON OUR SIDE.................................................................

douglas roberts   March 9th, 2009 2:12 pm ET

Teacher- from Iowa
Larry, in these tough times I recently moved money out
of the risky stocks and into a little more conservative ones.

My question is when will I know when to move my money
back into stocks that could make money for me 5-10 years
from now. Is there another plan I should go after instead of
back into the stock market.

Thanks teacher from Iowa!!!!!

DIANE THOMPSON   March 9th, 2009 2:45 pm ET


Joe G. (Illinois)   March 9th, 2009 2:55 pm ET

How come no trophy or golden statuette for Rachael Ray? Last time I heard even Britney Spears got more than a handful in this country. So people want to save money!!!!!! Is it for abortion? To buy Snoop Dogg CD’s?

Bill   March 9th, 2009 3:26 pm ET


hugh ~ california   March 9th, 2009 3:54 pm ET

The sad truth is some Americans can't even afford to spend ten bucks for a family meal, maybe not even five! Be that as it may, I'm glad to see Rachel Ray on your show, because I'm sure she can help some families with her frugal cooking skills. "You go girl!"

Larry, we need to address the problem of jobs being outsourced by these greedy wallstreet executives, who only get emotional when their profit margin declines. If they bring these jobs back to America we'll eat better healthier meals.

Rachel, I enjoy watching your 30 minute meals show on Food Network. Thanks, I've learned a thing or two, and man I love that oven you have! Also, you're right Rachel Ray, Jonagold apples at the best. I love 'em.

Nicole   March 9th, 2009 4:52 pm ET

I am from a third world country and know the ugly face of hunger. No where else in this world the food is "disrespected" as it is in America. When food is available and cheap it does not mean it has to be wasted. It is fun to have a "food network" but where does all the cooked and uncooked food go after the show? If we have forgotten already about the sufferings of the past, this recession reminds us to count our blessings and not waste our resources carelessly. We need to rethink our ways to save and preserve the "American dream".

JIM CARROLL INTERNET FREE PRESS   March 9th, 2009 5:39 pm ET






EMMA AND MARGARITA   March 9th, 2009 5:41 pm ET

We were reveladed that the economy of this country will be healed if our goverment and our people will do the following:

2 Chronicles 7:14

If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land.

Please publish!

laira   March 9th, 2009 6:17 pm ET

never heard of Jonagold they still offer 20 oz apples in NYState ? we like the Honey Crisp & Pink Ladys for eating ..Cortlands for baking but the 20 oz for pies great & they are HUGE ! but only in NYState I think..!...Rachel's mom from a big she knows tricks..also in 1940's we picked dandelions for salads/no pesticides in those days..we called them American dandelions /w/gold flower/ & Italian dandelions w/abroader leaf for flower ones more bitter,sm people made dandelion wine...

Kelli from Tampa   March 9th, 2009 6:41 pm ET

Hi hugh from California!
I just have to ask how much money "disappeared" off of our planet? Whoever has it, I hope they bought a space ship, because if any of these greedy creeps is ever in my presence they are going to wish they were in another galaxy.

hugh ~ california   March 9th, 2009 7:12 pm ET

Hi Kelli from Tampa,
The money disappeared from those greedy, spineless CEOs who have been flying in corporate jets, driving in limosines, living in high-rise penthouse skycraper party houses while smoking $100 illegal Cuban cigars and drinking $300 bottles of single-malt scotch and laughing their asses off for the free handouts our government gave them that they know they didn't deserve. "Off with their heads" is my new motto! And we've been making fun of France all these years–they knew how to deal with the problem.

It's nice to hear from you again, Kelli from Tampa. How's the weather down there.

Pat from NJ   March 9th, 2009 7:13 pm ET

My lucky day came in September 1979, That was the day my husband and I both came home and we'd both lost our jobs on the same day. Very soon after that, we were homeless. I was pregnant. We vowed during those five months on the street to never be in a position where we'd be evicted. Our mindset and lifestyles were completely changed from that experienced. We got on our feet. Worked numerous jobs at once, owned several homes and none of them with mortgages... no bank could throw us in the streets. I pray that the people will come out of this current mess with a different mindset.

Rajan   March 9th, 2009 7:21 pm ET

People say that 401(k) , IRA , Mutual Funds
lose their value I want to know where does this money actually go???
Does it change hands or is completely vanished..........

Dodie from CA   March 9th, 2009 7:26 pm ET

Solution to our sagging economy!

1. Federalize AIG and Banks requiring hand-outs
2. Regulate Wall Street employees and CEO's pay+bonus & perks to 1% of company profits with a cap of 1 million dollars per year
3. Regulate the essential services to 5% Profit
4. Regulate oil companies to 5% profit
5. Regulate medical companies to 10% profit
6. Regulate insurance companies to 10% profit
7. Regulate food production to 10% profit
8. Regulate utility services to 5% profit
9. Regulate medical care premiums for Americans not to exceed 5% of income
10, All government agencies must stay within a budget
11. High tariff on corporations using out-of-country manufacturing
Eliminate All Deficient Spending: including welfare & SSI/SDI fraud
This is Darwin’s evolution theory, survival of the fittest. Not all Auto manufactures & banks will survive.

and very important!!! New Jobs in stem cell research:

Export more… import less…
We are in the age of communications & technology. We need to be creative like we were with the auto, airplane, internet, etc. possibly stem cell would be one area.

We must understand that government involvement = “social economy” NOT “socialistic economy”. There is a huge difference

DO NOT privatize social security. That would be a HUGE mistake!!! If we privatize Social Security, it will end up just like AIG or Enron.

Dodie from CA   March 9th, 2009 7:28 pm ET


It is paper money... not real unless you sell

kelli   March 9th, 2009 8:05 pm ET

Rachel Ray is such a happy person & her hubby, John also..& Oprah loves her too...looking forward to tonight..

kelli   March 9th, 2009 8:05 pm ET

Rachel Ray is such a happy person & her hubby, John also..& Oprah loves her too...looking forward to tonight..

Morgan   March 9th, 2009 8:12 pm ET

I've moved my money into conservative stocks. When will we know it's the right time to start taking bigger risks for higher returns?

James In Kamiah, Idaho   March 9th, 2009 8:14 pm ET

@Rajan... It's considered lost or spent. It no longer exists, EXCEPT, when we take bonuses into account and Retention fees and incentives.

I'll tell you what some of these CEO's can retain... my foot in their... oh look, a butterfly!

Hillary, NH   March 9th, 2009 8:39 pm ET

Rachel on the cheap meals $10- to me is a whole lot of money, Thats nice but a little vague an what is the age and # of ppl. I on the other hand can cook a meat or fish, veg, and carb dinner for under a $1- a plate of salad for a few cents between( .10-.20) per plate. Average servings suiteable for adults, young adults & children.

Mrs. Malkawi   March 9th, 2009 8:48 pm ET

Ali tell these people the truth about our money and it being worthless since 15 August 1971

Rachal Ray you can feed your family of 4 for less than that all it takes is work. flour egg and water sugar can make you noodles bread cookies quit teaching the american woman to open cans teach them to cook again from scratch. I got a cookbook of my families recipes and started eat what i ate as a child in the 60's

Hillary, NH   March 9th, 2009 8:48 pm ET

********~HOW TO GET JOBS PLEASE~!!!!*******************




Hillary, NH   March 9th, 2009 8:51 pm ET



Kelli from Tampa   March 9th, 2009 9:02 pm ET

hugh from CA-I swear we share the same brain –
weather is great (always nice when you are on Spring Break!) I know it is beautiful in CA!

Linda   March 9th, 2009 9:03 pm ET

WOW, I started jumping when I saw you as the guest host of Larry King Live, you look good there. I can't help but smiling ALI hosting on Larry King Live, I am impressed.

Jo Ann, Ohio   March 9th, 2009 9:08 pm ET

As a vegetarian I am so glad that most fast food centers around meat so I am limited in the places I can go out to to eat. Good for my weight and my health in general.

jean ratliff   March 9th, 2009 9:09 pm ET

Ask Rachel why she doesnt go on a diet. She is getting really heavy. She needs to practice what she preaches,

Jo Ann, Ohio   March 9th, 2009 9:09 pm ET

Ask Rachel Ray to recommend some economical vegetarian alternatives.

Kelli from Tampa   March 9th, 2009 9:10 pm ET

I need to move to CA with Dodie and hugh! Hi guys!

James In Kamiah, Idaho   March 9th, 2009 9:12 pm ET

Dear Ali,

I've tried to get this question to oyu many6 times and I hope you can answer it tonight..

Why can't the government just, or why don't the lenders just, reset their interest rates to the "Introductory rate" they coaxed people into these subprime loans with in the first place, and eat the difference and set the payments accordingly?

For instance, if Introductory rate was say 3.9% Financing and is now 5.8% reset to the 3.9%, and minus the total difference from the base payments each month as well as the total? Lets face it, none of these homes ever reached the high numbers they were set at; they were never really worth that much in the first place, but more likely 65% of that price... So, if a house was listed at $285,000 dollars, it was probably worth only $185,250 right?

Wouldn't that help ease this mess? Or is it that the lenders are just proving to be too greedy to considere such a thing?

jean ratliff   March 9th, 2009 9:13 pm ET

Ask Rachel if she is still married. She does not have her weddding ring on tonight.

James In Kamiah, Idaho   March 9th, 2009 9:14 pm ET


And you need to go on a diet yourself with that fat mouth. It must be hard criticising someone when they have no recourse against a computer screen insult.

I guess you're just another eThug... cause talkin smack in person is dangerous.... Liable to get your butt whooped.

Jo Ann, Ohio   March 9th, 2009 9:15 pm ET

Sorry, I meant Rachael, but I see you misspelled it in your headline as well.

Ron Seidel   March 9th, 2009 9:15 pm ET

Feeding a family of 4 on $10.00! My wife has been doing this for years. A big pot of Krissy's stew will last for several days at our house!

Rose   March 9th, 2009 9:16 pm ET

Best idea for saving money while shopping is buy a crockpot. It will take the toughest and cheapest cuts of meat and make it tender enough to pull apart with a fork.

James In Kamiah, Idaho   March 9th, 2009 9:17 pm ET

@Jo Ann... Have you ever had vegetarian Lasagna?! Sooooo good

Tim Caske   March 9th, 2009 9:18 pm ET

I wanted to let everyone know that in some areas of the country there are organizations called SHARE. These organizations put together high quality food items each month that can save consumers up to 50% off what they would pay for the items in a grocery store. These organizations are able to do this by using volunteers to distribute the food once a month. The only thing that is asked of the participants is that they give back to the community by volunteering.

Tim Caske   March 9th, 2009 9:18 pm ET

I wanted to let everyone know that in some areas of the country there are organizations called SHARE. These organizations put together high quality food items each month that can save consumers up to 50% off what they would pay for the items in a grocery store. These organizations are able to do this by using volunteers to distribute the food once a month. The only thing that is asked of the participants is that they give back to the community by volunteering.

Linda   March 9th, 2009 9:19 pm ET

I find it hard to believe Rachael doesn't know how much money she makes a year. Why doesn't she talk to her accountant or look at her W2 Form, I was enjoying her conversation until she started that fake comentary on her income.

Kelli from Tampa   March 9th, 2009 9:21 pm ET

SNL is the best- providing "humor therapy" during some dark days...

MARY ELLEN CREHAN   March 9th, 2009 9:22 pm ET


Hillary, NH   March 9th, 2009 9:22 pm ET

********~HOW TO GET JOBS PLEASE~!!!!*******************




Jennifer Dawson   March 9th, 2009 9:23 pm ET

Did I hear Rachel say that Childhood diabetes is caused by what they eat? Type 1 Diabetes, as it is now called, is not caused by what people eat or do not eat. It is an auto-immune disease and the cause is not know. Please help us help others understand that it is not related to Type 2 Diabetes. The children who are type 1 or their parents do not have the ability to change it by diet or exercise.
Thank you

Jo Ann, Ohio   March 9th, 2009 9:23 pm ET

James in Kamiah, Idaho, No I haven't. I exist on Boca, Morning Star, Gardenburgers, pasta, and an occasional pizza. Where do you get it?

James In Kamiah, Idaho   March 9th, 2009 9:25 pm ET

Dear Ali and Economic Experts,

Last year I made a total of $11, 927, and if not for the EIC I would have owed the Feds money.

I currently work as a manager of a small motel here in Idaho, adn I...
Run the front office, clean the rooms, do the landscaping, put up drywall, paint, do miner electrical and shore up construction, pass out flyers, install cabinets, sinks, and whatever else needs to be done... oh, and I'm the only one working here. A single employee at a twenty room, 58 year old Motel, and I've been doing it since November 4th 2003. I haven't had a vacation since years before that, and I dont' have any days off. This is not my business, I just manage it.

My fiance and I just had a baby in December of '08, and I wanted to purchase a house. What are my chances if I contact someone like the USDA Rural Developement department here in Idaho? My Credit score at last check was, I believe, 685.

Thank you
James in Idaho

Kelli from Tampa   March 9th, 2009 9:27 pm ET

I have been screaming about this for 6 months!!!!!!! As soon as I heard about this financial crisis I started screaming about people becoming homeless. THERE IS NOT ENOUGH ROOM IN HOMELESS SHELTERS AND THERE HAS NOT BEEN ENOUGH ROOM SINCE 2001! Where does this clown expect them to go? People having been living along the rivers since the beginning of time.

Jo Ann, Ohio   March 9th, 2009 9:27 pm ET

Why doesn't the Hollyweird bunch get themselves out there and help these people. They like to stick their rich noses in causes, for once let them contribute to one that really counts!

James In Kamiah, Idaho   March 9th, 2009 9:27 pm ET

@Jo Ann,

My exgirlfriend made it for me after I told here I detest Broccoli... boy did she turn me into a liar. Get a recipe for regular Lasagna and replace the meat with Broccoli. Soooo Yummy.

rose-mari   March 9th, 2009 9:30 pm ET

Ali, you mentioned someting about banks going under, does this include the banks in Canada, like RBC, CIBC, and BMO just to name a few. What are the signs of the banks closing down?

Crystle   March 9th, 2009 9:31 pm ET

Rachel Ray are you going to make any foods for type 1 Diabetics on your show in the near future?

Tushar   March 9th, 2009 9:32 pm ET

How is "tent city" different from slum? Has the economy really led to this?

Linda   March 9th, 2009 9:33 pm ET

I understand that they people have no were to go and have set up their tent community, but no sanatation could lead to disease and other health problems, hope they can solve this situation with a area like what Mayor Johnson has thought of.

Jo Ann, Ohio   March 9th, 2009 9:34 pm ET

James in Kamiah, Idaho, Thanks, I might try that!

hugh ~ california   March 9th, 2009 9:34 pm ET

Kelli–we have low to mid 60's with a warming trend. Have you ever seen the giant redwoods? They're awesome! Monterey Boardwalk is great for spring break here. Anyway, enjoy those sunny Florida days.

I'm reading a book called "The Orchid Thief" by Susan Orlean, she goes into the Fakahatchee Swamp State Preserve to hunt for orchids with a crazy orchid poacher named Laroche, have you ever read it? I really don't read enough books, and I never knew there was so many orchid hunters in Florida. I'm rambling; enjoy spring break Kelli–on the beach with a tall cool glass of some exotic cool tasty beverage! Maybe a Mojito?

Paula from Florida   March 9th, 2009 9:34 pm ET

Wachovia offered us a modification after paying our mortgage for 30 years on time. My husband developed 3 blood clots in his leg after a catherization is on cumidinm, did not work for 2 years and 3 hospitals later we are begging for a modification. Wachovia, would not listen to our side of the modification, you are never directed to the right person on the phone, the modification put us in a worse situation because they would not work with us, talk with us, faxes and phone calls you must protect yourself with copies and always ask for a supervisor. Give us advise on these modifications and the bank?

Mary   March 9th, 2009 9:35 pm ET

yes.... I go OUT to eat LESS often....
but I LOVE socializing.....
if possible............ Eat at home, go out and when you are there- if you just ask for water, you will NOT a get a bill* I at least sacrifice 1 time!

Karen C   March 9th, 2009 9:36 pm ET

Just gotta say, Ali and Rachel on one show? MORE. Great pairing. Nice segment.

You can find bargains with local foods, but I see it more in meat than produce. that seems pricier, but one tip is buy the seasonal veggies and fruit that are on sale. Learn to work with new ones. Great book by Jack Bishop has recipes for ALL seasonal veggies. You have to step outside the box. I found local Amish FRESH chicken for less than 2.00 per lb. Many places run 20% off all the meat you can fit in a paper bag. Stuff like that (wow, parking lot is FULL when they do that.)

gord in Toronto Canada   March 9th, 2009 9:37 pm ET

people are getting a bit tired of all the bleak news the media spews out. Yes it is important to report on whats happening in the economy, but it seems that the media is over emphazing just to sell papers or increase its ratings. For now I am going to stop reading the paper, turn off the news. As for the Recession? I refuse to participate in it.

Ann   March 9th, 2009 9:37 pm ET

What about us who rent? Who is going to bail us out when we cannot make our rent every month??? I think everyone is so focused on the homeowners, what about us who rent...where do they think these people are going? There is no help for us, and that's just not right.

Karen C   March 9th, 2009 9:37 pm ET

Oh yeah, unearth your crockpot. You can work wonders cheaply with that and you don't have to use canned soup.

Carol   March 9th, 2009 9:38 pm ET

Mr king, during these tough times. I have not been able to contrubite to my ira. I am losing alot. Should i withdraw and pay off some debt i owe.
Thank you

Sherwood M   March 9th, 2009 9:38 pm ET

Dear Main Street American Netizens:

Immediate implementation of E Verify would keep 300,000 Good Construction Jobs out of the hands of Illegal Aliens, yet three Major Democratic Leaders (President Obama, Senator Reid and Speaker of The House Nancy Pelosi) are intent on placing the well being of Illegal Aliens ahead of the Financial Well Being and Legal Rights of American Workers by pushing E Verify to the legislative abyss, wrongfully taking any and every step they can to keep it from becoming the mandatory law of the land for every American Company. We are asking you to make sure that those 300,000 jobs go to American Workers, feed American Families by sending the following simple letter TOO ALL OF YOUR ELECTED OFFICIALS IN WASHINGTON DC demanding answers, asking them the simple question, where is my E Verify?

Netizens, we need a Save American Jobs Internet BRUSH FIRE with the below letter. Please post it on every message board you can find, leave it as your response to every article or discussion on E Verify or Immigration. Print off the letter and take copies of it to your church, laundry map, and grocery stores. We have LEGAL AMERICAN CITIZENS WHO ARE OUT OF WORK LIVING IN TENT CITIES WHILE OUR ELECTED OFFICIALS MAP OUT HOW TO GIVE 300,000 AMERICAN STIMULUS JOBS TO ILLEGAL ALIEN CRIMINALS.



Dear (Insert Elected Officials Name)

I am writing you to ask a simple question. Why are the flames of racial hatred and distrust being fanned by the Obama White House, the House of Representatives and The Senate by your collective Congressional refusal to pass E Verify. What justification is there to deliberately turn your back on Main Street Americans of all colors by leaving E Verify out of various pieces of legislation when the funding, passage and immediate implementation of E Verify would protect 300,000 American Jobs paid for with American Tax Payer Dollars through the Stimulus Bill. Why, as example, has Senator Harry Reid deliberately stonewalled Senator Sessions Amendment to the Omnibus Budget Bill which would make E Verify the law, and in the process save 300,000 Main Street American Jobs for 300,000 Legal American Citizens.

President Obama is wrongfully on record as saying, "Implementation of E Verify would cause too many Illegal Aliens to lose their jobs before we can tackle comprehensive Immigration Reform (AMNESTY)." With all due respect, 12.5 Million Legal Americans are out of work while over seven million illegal aliens have jobs in our American Economy, while Legal US Citizens who are out of work are living in Tent Cities. Simply stated, Main Street Americans CANNOT WAIT for E Verify, feeding our children and perhaps our very survival as families depends upon its immediate passage and FULL IMPLEMENTATION, depends on ICE ENFORCING OUR IMMIGRATION LAWS AS WRITTEN.

In God's name we pray, prove we are still a nation of laws by A) immediately passing E Verify, B) ordering increased Work Place Raids in the name of Enforcement, and C) if necessary, using our United States Military to Secure our American Border with Mexico.

Illegal Immigration is not a race issue, but egregious AMNESTY lobbying (La Raza, MALDEF, National Chamber of Commerce, Association of General Contractors) combined with our government's refusal to enact E Verify, to Enforce our Immigration Laws (as written), is rapidly making the issue of Illegal Immigration a racial issue, is making ordinary, law abiding, hard working, out of work Americans angry, and in their anger the Government's refusal to enact E Verify is the match threatening to take what is a law and order issue and turn it into a scorching RACE WAR as angers and frustrations become hate. Please, for the sake of race relations ,for the sake of America, and for the sake of every LEGAL WORKING AMERICAN MAIN STREET FAMILY, make E Verify the law before next weekend ( March 22, 2009).


Patty   March 9th, 2009 9:39 pm ET

I just listened to the mayor of Sacramento assert that people are not in shelters but tents because they won't abide by the rules of the shelter. They have pets. When, oh when, will this society realize that pets aren't throw aways? People refused to evacuate in the face of Katrina because they couldn't take their pets. Apparently, we learnt nothing. I would no sooner leave my pets than I would my children. They are part of my family and we are all God' creatures. Thank you.

Steve   March 9th, 2009 9:39 pm ET

Ali - I'm well diversified and taking a beating because most options available to me are long funds dependent on an unending expanding economy. Would moving some funds to a proven, well-managed market neutral fund over a 1-2 year term help to hedge an anticipated slump of the same period? It seems that if I'd been contributing to such a holding starting any time before mid-'08, I'd be in much better shape right now. Is it too late for entry there?

Kelli from Tampa   March 9th, 2009 9:39 pm ET

OF COURSE the economy has lead to this, the fastest growing population of homeless is women with children and VETS coming back from Iraq. This population of homeless has been growing at alarming rates since 2001 (thanks Republicans), now that we have had these luxury addicted financial sociopaths have their way, WE WILL HAVE A GENERATION OF HOMELESS WOMEN, CHILDREN AND VETS RETURNING FROM AN UNJUST WAR!

Paula from Florida   March 9th, 2009 9:39 pm ET

Do you need an attorney for a modification to your loan when illness is involed and your husband is back to work making less money? I feel they do not want to work with us on modification of our mortgage. We must be speaking to the wrong people at the bank.

AFA   March 9th, 2009 9:39 pm ET

A main reason so many people are homeless is because the banks would not work with people and reduce the sudden increased 'loan shark' interest rates on the mortgaes that made people unable to pay the mortgages. Foreclosures can cease if the banks weren't so greedy and inhumane. Landlords also need to price housing affordably. If you don't bring home $1500, $2000, etc., AFTER taxes, you have no money to pay rent. This is one reason whole FAMILIES are showing up at pantries to feed their children. Get smart banks and landlords, even a retarded flee knows you can't get blood from a drained vein or blood vessel.

William Thompson   March 9th, 2009 9:40 pm ET

To Mayor Kevin Johnson
Heres an idea!!! With the schools that have been closed due to to state & federal cutbacks, why not rescue these people out in the cold without shelter with the use of these buildings or even use the school buses not being used and convert these to shelter. In the capitol of California this is disgraceful and and an embarasment to all Americans, Surely there could be help on the way in the next 24 hours.
30 billion to GM and billions more to banks, simple is just to complicated to help the homeless.
Bill in Seattle

Anita   March 9th, 2009 9:42 pm ET

How many 2008 college graduates have found jobs? Are recent graduates who are not elligible for unemployment included in the unemployed counts? I have submitted more than 150 applications and all I hear is "there is a job freeze".

pete   March 9th, 2009 9:42 pm ET

about the tent city.
abolish nafta and other trade agreements that made fortunes for wall street investors while costing american jobs.americans living in tents! where is the outrage?

Kelli from Tampa   March 9th, 2009 9:43 pm ET

HUGH- got some great pictures of the Redwoods at Big Sur when I was out there at Chrismas. Orchid hunters in FL? Never heard of it...but I will check it out. Hoping to win HGTV's dreamhome in Sonoma (smile)!

Becky in North Carolina   March 9th, 2009 9:43 pm ET

I would just like to know if a possible answer to the "tent city " situation might be some of the FEMA trailors that were purchased by the government to house the hurricane victims in New Orleans. What happened to them? I realize some were condemned because it was determined that they were hazardous to health but there must have been some that were safe.

As a temporary solution couldn't the cities and towns use these and charge the people who lost homes a nominal fee to live in them until they got back on their feet? If not the FEMA trailors find a similar solution. We really have to do something to help the people who truly need it.

R Roberts   March 9th, 2009 9:44 pm ET

Do I sell and take a real estate investment loss of 20 grand. OR
Do I rent and take a 600-800 a mo. loss??

jack lieske   March 9th, 2009 9:44 pm ET

I just saw the Mayor of Sacramento talking about a tent city as an acceptable option for living.Is he just clueless?This is America.
How many properties have been foreclosed on that the City should demand as housing for these people?
That city shoud start cleaning up by removing that Mayor

M Ryan   March 9th, 2009 9:44 pm ET

Dine out, go out...what do these mean? I am a baby boomer who has made a career change to education. (K-6 certification) Remember all those teaching positions that were to be open? Well between healthcare costs, the economy and town budgets, these positions are just not there. My crystal ball did not forecast this. Luckily I am working a long term maternity substitute position for this academic year. Where will I be next school year? Even my husb is not certain of his job.

President Obama and administration – live up to the motto of CHANGE!

Maureen in CT

S. Owen   March 9th, 2009 9:44 pm ET

I have been wondering why, when banks take back homes that they couldn't let the former owners "rent" the home until they are better financially situated and could possibly buy their house back.
This way, people wouldn't be homeless, banks would be getting some money and houses wouldn't be vacant and boarded up. Perhaps it would keep the properties from devaiuating if they are occu-pied and maintained.

emmy   March 9th, 2009 9:44 pm ET

I'm single, mid-30's, no children, have a secure job and have a substantial amount of money saved in the bank. I currently rent and do not want to buy real estate. What should I do with this big chunk of money? My advisors say mutual funds. What do you think?

Andy   March 9th, 2009 9:45 pm ET

I invest my money in

emmy   March 9th, 2009 9:45 pm ET

...Oh, and I have no debt....I’m single, mid-30’s, no children, have a secure job and have a substantial amount of money saved in the bank. I currently rent and do not want to buy real estate. What should I do with this big chunk of money? My advisors say mutual funds. What do you think?

Kelli from Tampa   March 9th, 2009 9:46 pm ET

HUGH went to Monterey too, loved it! Got some great pictures!

gloria lewis   March 9th, 2009 9:46 pm ET

We can start with the media instead of talking to the same big economist and people that do not have a clue how to survive these tough times .You guys in the media should be talking to people that live in worst conditions .People are too spoilt everyone is waiting on the government to fix everything it cant be done .We as people need to start working as a family unity to bring this economy back .I am here to tell you by the end of april this economy is really going to to bottom out .I tried for almost 3 years to tell everyone that this was coming unfortunately no one cared enough to listen .people it is time to wake up no one cares unless you have big money and big status .I have sent letters and emails to every net work possible in the last 3 years ,i even sent 2 letters to the whote house to no avail ,i sent an email to the white house in 2006 begging someone to hear me out pleading with anyone to try to stop this mess as i saw it coming not a single sole responded .I hand delivered a letter to shaq 2007 asking him to help no response .I am begging you to listen .

Dodie from CA   March 9th, 2009 9:46 pm ET

iTS A MESS... I work for the government and we are laying off! Yikes

Mark   March 9th, 2009 9:46 pm ET

This isn't a buying opportunity, these companies that are at $1 a share may be gone in 9 months.

Harriette Noll   March 9th, 2009 9:47 pm ET

My 4 year old granddaughter has $1500 in savings. Should I invest it in an I Savings Bond or a CD? She has a prepaid Florida college fund.

timothy rusell   March 9th, 2009 9:47 pm ET

how is it that the lower class workers always feel the pain when the goverment raies taxes. i know i don't know it all but don't are taxes pay the goverment bills, and this is how they repay us what a world we live in.
and how about more to the peope from that stimulus instead of more to the goverment again.

P.Balija   March 9th, 2009 9:48 pm ET

Good Evening Ali,
I have a comment and a question. Previously on Cnn I have watched how "Foreign Investors" have been able to pick up 30 homes in the "Detroit " area that were auctioned off for 10,000 each due to the unfortunate process of foreclousure. I would like to ask if the banks that held these mortages are willing and therefore able to write off the loss on these homes.. If that indeed is the case, what couldn't and why wouldn't they have offer ed this reduction to the unfortunate "homeowner" who is thrown out of his home. In my neighborhood, which is very above middle class and affulent, I witnessed my neighbor's furniture being thrown out on the lawn with an escort of "Sheriff's Police". I know this can happen to anyone, so for the American's who say " they feel slighted because they are paying their neighbors mortgage" is stupid. I know somehow the banks will not lose money (because of the write-off) and we the taxpayer will pay, so why don't they offer the homeowner a deal like the foreign investors?.

Scott Thompson   March 9th, 2009 9:48 pm ET

Do I make the maximum contribution to mine and my wife's Roth IRA by April 15th, or do I save it in my moneymarket account.
The thought of my $10,000 maximum contribution becoming $2,500 the next day in my Vanguard account is tough to take, but I also hate to miss a year's Roth IRA contributions.

ARMAND, NH   March 9th, 2009 9:48 pm ET


Carol   March 9th, 2009 9:48 pm ET

Start a garden this year.
Therapy and healthy.
Get what you need.
Support locally owned and grown food.
Eating vegetables are cheaper.
Smaller portions of meat. 4 OZ. each a day
Take your lunch to work. Leftovers.

Carmella   March 9th, 2009 9:49 pm ET

I just opened a Self Managed Account through my 401K, I want to invest in individual stocks. Better now or never. The stock I am looking at just went from a 13% dividend to a 17% dividend. How about that.

Kathleen   March 9th, 2009 9:49 pm ET

On top of losing a job/paying credit cards is horrible.

Bills collectors threatening, calling you names. I told the guy on the phone, it was either food or pay a bill, he said..."You should pay your bill". Seriously.....Now we have to deal with this crap.

Rhode Island 10% unemployement...find a job...WHERE!!!!!

We all need help,

Dodie from CA   March 9th, 2009 9:49 pm ET

The county I live in just laid off 300 social workers. However, the upper management will be receiving a 5% increase in wages this year not to mention thousands of dollars of perks. Its just crazy. We are in times when we need to help our fellow American, and the upper management is taking away by laying off employees so they can get their 5% wage increase.

Louise Goldfield   March 9th, 2009 9:49 pm ET

My hubby's income dropped from 5k a mo to 1400- a mo and our rent is $1095- here in LA. We have all but exhausted our savings and don't know what to do. We feel lost and don't want to become homeless as this is our biggest fear. I'm looking for jobs. He's 52 and I'm 55. He's always been the main

ARMAND, NH   March 9th, 2009 9:49 pm ET


Christine   March 9th, 2009 9:49 pm ET

I am almost 56. I put $100 a month in an IRA. It is losing that and more. Should I stop contributing for awhile?

Debbie   March 9th, 2009 9:50 pm ET

Yes it's effecting me . Laid off 4 months
Have a new job . It shows you it doesnt
take long for this economy to effect anyone.

"No company , on this earth can promise
you a job for life " .

Pete ...You're right NAFTA was a huge mistake.
Keep the jobs in USA .

Robbie   March 9th, 2009 9:50 pm ET

Much is made about it being a buyers market but how the heck is anyone going to buy anything when they are making decisions about whether to feed the family, eat or losing their jobs.

Lynne   March 9th, 2009 9:50 pm ET

I don't have any idea what to do with my money other than use it to survive. I have just about $1000 a month so investing AND saving is out of the question.

The comment I really want to make is in reference to the tent cities. Where are all the boondoggled FEMA trailers? All those trailers that couldn't be used in New Orleans because of some goof up? Use them to help those who have no place to live in this emergency. No one seems to have been able to use them to shelter from Katrina. Why is it we cannot seem to help our own citizens as well as we help others??? Make use of what we have to help folks and clear ALL the red tape. Just do it!

Mike Wingo   March 9th, 2009 9:50 pm ET

Where will I be able to find one of these new, to be created "green jobs"?
I live in the midwest and am watching my small business slip away to new technology and a crippled economy.
I see the end of the line coming and need to jump ship and find a new career.
I'm 47 years old and have been in the same line of work for more than 25 years. (photojournalist)

Mike, Springfield, Missouri

ted   March 9th, 2009 9:51 pm ET

Hi Ted from Saint Louis My comment is
People need to stop looking at the Government and bail thet own selves out they need to take stock of their own personal finances and start to work them selves out . they say President Obama's plan will not work it is a saying that says if do what you always done how can anything different happen he has to do somethin that has never been done in order to achieve a different set of results it is easy to sit on the sidelines and say what should be done instead offer solutions.

DAVID KILTON   March 9th, 2009 9:51 pm ET


janice   March 9th, 2009 9:51 pm ET

If you are in your 50's, will we be able to get our retirement money back in time to retire?

Barbara Flamini   March 9th, 2009 9:52 pm ET

With all due respect to the many experts on the economy, employment, etc. that you have on this and your other shows, the reality is that it is MUCH tougher out here than those of you who actually are employed realize, unfortunately! I am 54 years old, hold a Doctorate in Business Administration, and have extensive experience in both academia and the corporate environments. I was laid off on May 1, 2008 and, after 100's of resumes and job applications, as well as extensive networking, have still not been able to land a full-time job. The few interviews (less than 6) I have been called for resulted in those positions going to in-house applicants, with their previous positions most likely not getting backfilled, for reasons of the economy. The new initiatives from the government do not apply to me – I did have that "nestegg" everyone encourages, so I am not behind on any of my bills, but I am tapped out, as is my 401K. I do not even qualify for COBRA assistance, as one had to be laid off September 1, 2008 or later. Come sit at MY dining room table and work on MY budget, and see if you can do as well as I have, and then give me some advice (and find me a job!). 🙂

craig   March 9th, 2009 9:52 pm ET

with the new refinace opportunity that was just announced last week, i am confused by where i can go to refinace. if my loan was originally done by a lender that underwrote to FannieMae guidelines but are is no longer a bank in my city, why cant i go to a lender that underwrites to FreddieMac guidelines?

Kelli from Tampa   March 9th, 2009 9:52 pm ET

Just read up on "The Orchid Theif", will have to ask my friend that lives in Imoklee (I know I spelled it wrong-it is the Seminole Indian reservation in South Florida). Will ask her about that.

Matthew A Sanders   March 9th, 2009 9:52 pm ET


Do we have such short memories that we forget the $4 and $5 a gallon gasoline that we were having congressional hearings on (Bush – Cheney)? I and probably most other Americans would agree was the cause that tipped our fragile economy in the first place. By diverting household funds from mortgage payments to fuel payment just to get to work!

I guess it is better to bash the person that is trying to get us out of this mess than place the responsibility where it belongs.

I like your show, keep it real.

Matthew A Sanders
Retired Military

Mark in Sleepy Hollow   March 9th, 2009 9:52 pm ET

Im 53. My portfolio is balanced but do I change a bit to take advantage of great buys now in the short term to recoup some losses. (ie – riskier) i have no debt other than 143K on the house. I planned on retiring at 65

Jan-Michael   March 9th, 2009 9:52 pm ET

I have completely changed my outlook for life. I just paid of all of my credit card debt with my tax returns. Hopefully, next April, when my lease is up I'll have enough cash to put a down payment on a house. My credit score and my wife's is in the mid 750s and I see this as an excellent opportunity. What do you think? I want to live in this house for the long-term.

Thank you,

Marcos Carmona   March 9th, 2009 9:53 pm ET

very easy for those specialists talking about saving money, when we lost our jobs there is NO money to save .
Ask those specialists about how to paying our mortgages without income, also ask them how to go to the supermarket with no money....
They are very smart but come back to reality and we will see....

Louise   March 9th, 2009 9:53 pm ET


My questions about the economy are:

What do we do when we no longer have a job and can't even afford basic necessities?

Any suggestions on negotiating with a mortgage holder?

Thank you,

will young   March 9th, 2009 9:54 pm ET

ask Rachael Ray how to feed more then her littlte family on 10$. how about 10-15 in one household trying to save money for the bills and gas for work. some of you peope have some crazy idea's and i didn't think it would be Rachael Ray saying this

Kelli from Tampa   March 9th, 2009 9:55 pm ET

Are you still safe Dodie? I heard that CA was getting ready to hire some social workers back. I thought about you when I heard that. Was looking in to moving out there until this financial nightmare was revealed.

Carmella   March 9th, 2009 9:55 pm ET

Please ask the panel if savings bonds good investments?

Sue   March 9th, 2009 9:56 pm ET

When I see the tent cities I think this is a disgrace to US. I don't know how any senator or representative who was elected by the people living in those tents can live with themselves seeing that. But they don't care. Why don't Obauma get out of his big house and live there once. Where is the people in the tents hand out like the big CEOs got.

There is 100 little things Obauma could do that would help people
who are struggling like forbide utilities from shutting off services to these people,

troy harrison   March 9th, 2009 9:56 pm ET

would love to hear from the lady that has rental property. i had 3 rental, but lost 2 due to renters losing there jobs. 2 were severly damage by previous tenants and ate up our saving getting them repaired. would appreciate any advice you may have

kathy   March 9th, 2009 9:57 pm ET

You Should have Lisa Ling show her report on Sacramento that she did for the Oprah Show. It was about the tent city but even worse was about a monther and 3 children living–if you can call it that-in a shelter. A year ago they had a home and then their interest rate became so high that they had to leave it. If that had not happened, they would probably be still in the home. They moved to a condo, but then both she and her husband lost their jobs and they could not pay the rent. Every thing they had is gone except for a couple of garbage bags. Their life now is a real horror! They do not know from night to night if they will have a place to sleep.
Every person in congress should see these children, and then tell us why their outrageous EARMARKS are more important than citizens, families, and mostly children. Do not have the mistaken thought that they are immigrants, illegals, etc. They are not. They are your next door neighbor or maybe even you in 6 months!!!! Serious help is needed to keep families in a home. I can not even believe we will spend money on earmarks or even to rebuild Gaza. Charity begins at home helping children and families.

Kelli from Tampa   March 9th, 2009 9:57 pm ET

Thank you Larry for covering domestic violence . A subject that never gets enough attention and so devastating.

ScotishnCarol   March 9th, 2009 9:57 pm ET

The mayor needs to build some row housing with numbers there.
Then have everyone fill out forms of their situation and their occupation. Then have businesses hire from the forms and help the serious get jobs. Food stamps for individuals and families. Health care?

Ali Mirelle   March 9th, 2009 9:58 pm ET

Oh My God:

Its finally happening on our own soil – USA turning into a thirld world country, thanks to our "ingenious government economy plan" > "for the people, by the people". This "tent city" in Seramento, California that you just showed on your Larry King program is a budding testament to the abominable economy that the last 8 years of the Bush W. BS has left us -total homelessness, begging and hunger. The last time I recognized this "tent city" picture was in the "Slumdog Millionaires" movie or better yet – Kuwait, when the displaced Kurds had nowhere to go or to live other than tents. (Worse than 3rd world, in fact). This is what the last 6 years of retarded pointless war in Iraq, unchecked corporate /bank (Freddie/Fannie) spending, and the dumb brains of Bush W. have done. All of our country's money going to fund Iraq war instead of American citizens, with fat lobbyst swine writing war army and oil contracts, like Halliburton. Look at the TENT CITY – THE REAL TESTAMENT OF WHAT OUR GOVERNMENT HAS DONE TO AMERICANS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Dodie from CA   March 9th, 2009 9:58 pm ET

Hi Kelli from Tampa!!!

You have an excellent memory! Actually I made the transfer from social services to Health Care Agency... So I am just fine. Thank you for asking...

How have you been doing?

hugh ~ california   March 9th, 2009 9:58 pm ET

The redwood Grove of the Giants is just up the road from your sweepstakes entry. Dreamhome in Sonoma? Who wouldn't want to win that! Now we're talking wine! I like red–although I drink the white stuff on occasion–zinfandel is my personal favorite, not because it's California's wine grape, just because it tastes so damn good! Kelli, if you win that house in Sonoma I hope I'm on your VIP list!
Hope to blog with you again soon,

troy harrison   March 9th, 2009 9:59 pm ET

How could i start a business cleaning out foreclosed homes ?

Dodie from CA   March 9th, 2009 9:59 pm ET

Yes, I am happy you covered DV. Its a very sad situation.

Kelli from Tampa   March 9th, 2009 9:59 pm ET

That is right Kathy

eunice   March 9th, 2009 9:59 pm ET

if i have money in a financial place that is not fdic,should i get it out even if i am going to lose some money

Susie   March 9th, 2009 9:59 pm ET

From an unemployment worker, I say BOOOO to your experts. Many of these people are not educated, have lost their jobs, no money in their pockets and living with the pregnant wife in the car without gas, These are the people that I am worried about. These people you have giving advice are addressing the segment of the society that actually understand what they are saying.

Darrel   March 9th, 2009 10:00 pm ET

I am a 61 yr. old teacher eligible to retire at the end of this school year. I know that I would be better off to continue teaching but for health reason’s it is time for me to call it a career. My financial advisor has suggested that I take 50% of the actuarial value of my retirement and invest in conservative mutual funds. This will reduce my monthly check by 50% but I can make that up by taking 6% of my other investments. The mutual funds have a guarantee that my investment will not go below my original investment. (Hartford Investor and Franklin something). Do you think that this is a time to invest? Can it go much lower (Buy low sale high)?

Peter Bogi   March 9th, 2009 10:00 pm ET


I'm 50 and have an average knowledge of investing, a better than average salary, no credit card debt, a $100,000 mortgage, and about 10,000.00 in cash I'd like to invest...where should I put for maximum gain over the next 5 years???

Winnipeg, Manitoba

Jeff R   March 9th, 2009 10:01 pm ET

What do you think about the Chris Martenso :Crash Course" that is making such a name for itself due to its simple clear overview of the combination of the economy, the environment, and energy?

Do you feel this is a salient analysis and how many of the DC policy makers are likely to ever come back to this fundamental and seemingly sound analysis of the current world situation?

Matthew A Sanders   March 9th, 2009 10:01 pm ET

Califonia had the highest fuel prices = Broke.

Follow the money.

winston   March 9th, 2009 10:02 pm ET

I may be wrong but the last time I checked I could get a meal at McDonalds for less than $10 bucks and it can be healthy if I substitue the fries for a salad, which they now allow you to do, and also substitute the pop for bottled water.

Anway, nost importantly I think people should go out and spend now if they have the money to spend. When the economy gets better that is the time to start saving, not the other way around. If we all clam up out of fear of what we hear on the news everyday things will keep getting worse. The economy would be better if people turn of the tv and radio and stop listening to all the doom and gloom predictions (Sorry CNN).

Dodie from CA   March 9th, 2009 10:03 pm ET

Ali... Homeless has always been big in California... probably because of the climate... I have for years walk over people sleeping in the door where I enter my work.

DEBBIE HAMILTON   March 9th, 2009 10:04 pm ET

Tonite, 3/9/2009 a Mayor commented on a tent city that was formed in his jurisdiction. I believe this Mayor sounded like a fool. How do you impose rules on homeless people sleeping in tents. If two tent city people get into a fight.. whats gonna happen? Are you gonna lock them up? I think this would be an upgrade from where they are. Are you gonna kick them out of the Tent city where they are and take away their tent? Come on now. Lets be forreal. How about placing those homeless people from tent city in some of those vacant military bases? How about puttin them in some of the many forclosed houses that the government bought from the troubled banks? Give them something to lose before you threaten them.

Kelli from Tampa   March 9th, 2009 10:04 pm ET

Of course you will be on my VIP list hugh...cheers!
Dodie you too, I am glad you are ok in that...

christi   March 9th, 2009 10:04 pm ET

I would NEVER, ever tell a person to not pursue their passion no matter what the economy is doing. This is actually the perfect time for potential entrepreneurs to become very savvy, innovative, and resourceful. If a person quits a job, or is fired, they can certainly make it if they have a creative plan in place. One thing we have to stop doing, and I believe that Obama gets this, is to stop underestimating people, especially Americans. We have an extraordinary history of success in entrepreneurship and overcoming even in the worst of times. A job may pay the bills, but our creative spirit makes the jobs that pay the bills. If a person has a passion, then they should go for it..or regret it later. They may have to be extremely creative because of our current economy, but it can certainly be done. No one should ever say "don't pursue your passion due to a poor economy", we as human beings are bigger than our circumstances, and we as Americans are a very strong and innovative people.

hugh ~ california   March 9th, 2009 10:06 pm ET

Susan Orleans did not really enjoy sloshing through the swamps, so don't go on any orchid hunting adventures unless you're a crazy orchid fanatic–which I don't think you are. I would not want to run into any big gators down there. I've been around rattlesnakes, but alligators–no thank you–unless I'm watching them in a zoo!

thomas a. collins   March 9th, 2009 10:09 pm ET

thank you...thank you...thank you.....for focusing on the positive aspects of what individuals can do for themselves.
What a welcome relief from the doomsayers and skeptics we hear too much from.
The old cliche offered by the real estate guru that "pain is gain" also reminds that "God helps those who help themselves".

Forest   March 9th, 2009 10:10 pm ET

this is not a policital stament no disrespect as i have never been involved or invested in any stock market 69 years old disabled i'm ok started to live on my ssi few years back it was already affecting what i have worked on 52 years this is for those that can't do what i am able, question aig cancelled my ins with out notice but said they did, today letter in mail good company wellcare ky,part d presp,will cancel my policy 3-31-09 ask why lady was very nice i said just tell me what is going on she talked to her superv said CNN did a audit and they had to cancel me,already filled out paper work at least 4 times moved 20 miles i have a card and mail comes thisaddress same as aig but would not affect who have card but i'm goin'to be cancelled can't be both have no agenda not mad she said get another part d company no way found one that did will have before med runs out so what does mean

J   March 9th, 2009 10:10 pm ET

I am very disappointed in CNN, which I watch faithfully. Tonight, your header on Larry King Live said "big banks going under?" and "life savings in jeopardy?". However, not once was this mentioned during the show, yet this continued being shown throughout the show. From Rachel Ray to Jean Chatsky to the others, this show did not have anything to do with big banks going under. At the beginning of the hour, I saw that and it just made me scared. I was glued to the TV. This was just unprofessional of CNN to have these titles flashing on the screen. To me, this just makes people panic even more, which is completely unnecessary.

stymie   March 9th, 2009 10:10 pm ET

If you think we're in a mess now, just wait until all of the people that hold these crummy jobs now, that have no retirement or Health insurance, retire.
This will be the start of the biggest revolution in America's history and finally replace Democracy with Socialism.
No one from the Government has ever been asked why the millions of jobs were allowed to leave this country.
There is no job creation. The jobs that were worthwhile are gone, and we need to bring them back.
Our government is more of a security threat than Al Quiada

Gloria   March 9th, 2009 10:11 pm ET

My wonderful hardworking husband for the first time in our 17 yr marriage had to collect unemployement this past Dec. and just went back to work this week, but not sure for how long. He is a bricklayer. I 'm a mother of 2 and I work as a nurse full-time. We have been able to stay on top of our mortgage and bills wtihout being late. Here is my question. We have a vacation fund, and we only take vacations every other year. Well we are due this summer. Do we go? Or do we play it safe for another year? I almost feel guilty for even thinking about going for what is happening with our economy. My kids are 8 and 5.
Any thoughts??

Pat Lob   March 9th, 2009 10:12 pm ET

How many times did Ali's guest tonight mention "jobs not coming back"? When John McCain said the same thing on the campaign trail last fall talking heads were falling all over themselves to criticize him. He was telling the truth the whole time.

Kelli from Tampa   March 9th, 2009 10:14 pm ET

Only for Casa Blanca Lillys Hugh!

Jazherah MacMornna   March 9th, 2009 10:18 pm ET

Please tell Rachel that whole grain pasta costs much more than regular pasta, so can't buy it when you don't have much money. And, some Farmers Markets are very pricey; such as the one they do in downtown San Francisco on Saturdays. There is one on Sundays in the Tenderloin area that's a bit cheaper. Telling poor people to eat healthier is an insult as long as they charge so much for that stuff. Grow a garden? Try that in a neighborhood where the junkies and crackheads have been allowed to run the neighborhood. I had to give that up after all the vandalism and since I can't afford to move to any of the low crime areas, I'm screwed.

Denise S   March 9th, 2009 10:20 pm ET

If you want advice keep your money .
You're the only person who knows
what to do . I would never invest
money in the stockmarket .
If you can't sell your home , rent it out.
If you're lossing money in 401K or
anything else , take it out , either way
you will lose money .
if you've credit cards balance , pay it
Believe me , NO CEO's or anyother
company worried about you and your
family. You've to do it all on your own.

If you can't afford to save money ,
for college , maybe your son / daughter
can think about military , free education

Read what other people are doing , maybe
they can give you advice .
Financial Advisors only worried about
selling there book , to make money .
They've no interest in you .

Use Common sense !!!!!!

By the way there's over 20 million people
laid off since Dec 31, 08 . Jan 09 – Dec 09
there will between 25 million – 30 million
laid off . Maybe more if something isn't done
or stopped .

Amanda   March 9th, 2009 10:20 pm ET

I am in my 40's and I am really embarrassed to admit that most of my generation does not know how to survive by cooking from scratch. To top it off, most of us don't have time to cook from scratch. We don't know how to survive. We weren't taught by our parents or our schools. This recession is a sign that our country needs an overhaul. We don't pass down from generation to generation the skills necessary. We have just passed down the burden.
When are we going to learn and who will we learn it from?

Ali Mirelle   March 9th, 2009 10:21 pm ET


donaldlallen   March 9th, 2009 10:26 pm ET

well I like acting in television commmericals four fun and profit and the inficetd the ishuew dont rely inficetd me rely cos I dont do it to drow atchion ot make other get rich from doing what I do but it desever resecpt that they talk about so much if you dont have the credet in it so you or wasten your time the thing you see every day dont have nutting to do with what I do it about what is right or rong you sum one has to make trubld Iv anly ben in one pricher show but I wood look four a job in acting if I had the time right now but I dont so Iv got to take cere of mom right now you I take here to work she has no one elc it the way thing go so you no I,M not looking four a hand out but this has got big I do big thing but I dont clam to be the best but I,M good enight to have my own compy you see IM not here to give a hand to help other copy right my work ether that it that all I no to say four now but I hop you no I,M not out to get no that ant gilde I no what I,M doing sum what you see I hop it all good if you see it in the right way I well see you larry have a good one Donald or ILeeBot

Denise S   March 9th, 2009 10:26 pm ET

Gloria .........If I was you , I would save that money

wait another year . Do things with you children in

your area . Average vacation could cost $2,000

or more . $$$$$$$$$$$$$$$$$$$ .

Carmella   March 9th, 2009 10:29 pm ET

That young man complaining won't know the benefit of the insurance until he needs to use it. Plus the reason you are mandated to purchase the insurance is based on the premise that the state needs to revenue from everyone to make the program effective.

rudy   March 9th, 2009 10:30 pm ET

from the 1929 depression..lots of eggs, frittatas w/potatoes & veggies & bread & tomatoes...& fruit,,back then only 4 cereals: oatmeal, shredded wheat, rice krispies, & corn flakes..nothing w/sugar..nopesticides no hormones in milk,etc...

JOHN GUGLIELMETTI   March 9th, 2009 10:30 pm ET


The experts, politicians, economists and bankers who got us into this mess, don't want to talk about what I think is the major obstacle to recovery. That is the fact that we have shipped too many jobs abroad and allowed the world's businesses to feast on the U.S. market. Their theory of Creative Destruction would be better described as simply U.S. Job Destruction. I'm a professional, sixty-six yeras old, with over forty years of business experience. The factories are gone and with the current political leadeship/system and a lethargic electorate I don't see a return to economic prosperity.

Carmella   March 9th, 2009 10:33 pm ET

It's calld psychological bondage with a domestic violence overtone. She will have some fear of him whether she realizes it or not, especially after the honeymoon period.

evan   March 9th, 2009 10:34 pm ET

grown your own tomatoes this organic garden !

Cheryl Hill   March 9th, 2009 10:46 pm ET

Start your own business so you cannot have others lay you off.

Susan Wiesenborn   March 9th, 2009 10:50 pm ET


Why should people live in tents with so many empy homes. SOMETHING SHOULD BE WORKED OUT!!

Dodie from CA   March 9th, 2009 11:15 pm ET

@ Susan Wiesenborn

Great suggestion....

probably because of Greed

eileen carey   March 9th, 2009 11:29 pm ET

I find it very hard to fathom why a decent show like Larry King would have a guest such as Don Peebles. Your producers should have done a through search on a guest before you have them giving "advice" to others. Don Peebles has some "interesting" stuff in his past and possibly his future as well. I suggest that your staff check his history and associates in Washington D.C and in Florida . Read it for yourself in The Sun Post quotes such as "crack smoking Mayor Barry " as one of Peebles politcal friends. One could say he has some very "interesting" paper trails in his financial dealings.
I say this to anyone that cares to listen if sounds to good be true then it probably is

Tiana   March 9th, 2009 11:57 pm ET


What if the Economic Stimulus Plan that was designed to support the failing corporations (who plead and cry like sissies for a handout), will have a “small” stipulation in the plan: Only those companies who agree to bring their previously outsourced jobs back to the unprecedented numbers of unemployed US workers and promise to keep the jobs here for a minimum of a decade (a sufficient time period to restore US employment rate and revitalize our dying economy), will get the financial support/ backing from the government?

In other words, reward only those companies (and banks) who truly promise to do good by their country and stand by that promise, not just in their words but by their actions.

In the movie "Pay It Forward", a little boy invented a marvelous philosophy: do something good to people and in time they will pay back to you, back to the society. This very humane philosophy can truly be put to work amongst the great and decent majority of our American society.

However and unfortunately, this marvel of an idea most likely will not work when applied to the greedy corrupt corporate psyche(s). Thus, modify it to "Pay It Back If I Pay You Forward." What if it works?!

Think about it folks.

Jerry Wills   March 10th, 2009 12:32 am ET

I think there will be more tent cities and greater issues as we progress into 2009 and beyond. I don't see a solution anytime soon. I hope I'm wrong but don't think I am.

Best Wishes
Jerry Wills
Phoenix, AZ

Sean   March 10th, 2009 12:35 am ET

Larry/Ali. Just say Mayor K.Johnson on tonight. He stated several things that could be just a bit mis-leading.

My Wife and I lived in Sacramento for ten years. We moved due to the economic crisis. We have several friends who've looked into staying at the "tent city" as it's being called. Several concerns are as follows
1-They aren't worried simply about not being able to take their pets into the shelter, they're worried about their kids! Cps often is called to take children from homeless in Sacramento,and not just for drug addicts nor the mentally ill.
2-The thought process behind the tent city is simple. "I pay taxes to maintain that. I've been evicted/made homeless, I'm going to go camp there!

Mayor Johnson cites emergency responder access as a reason for this particular tent city being un-safe. There are several viable alternatives to simply waiting/worrying,and I'd be happy to share them with the mayor and his staff. Seeing as I've been a resident as long as the mayor, I grew up in Fair Oaks after all, I'm sure I could bring to light some possibilities the mayor may not be aware of.

Margaret Lewis   March 10th, 2009 12:39 am ET

Tuned in tonight "Tent Cities" What a shame, a disgrace, why don't we talk about the percentage of those living there who are sex offenders who are registered as transient because of Jessica's Law that was supposed to "protect" our children, when they were living in housing where they could be monitored by local authorities, but when it was out of compliance by a few feet in housing, the decision was to make them homeless, where is Senator Runner and his wife now, oh yes they got the notoriety they needed, and the votes based on emotions to propel their careers, and so now this part is all hush, hush when will someone address this issue??

spaniel   March 10th, 2009 12:41 am ET

What about us that are retired but too young for collect social security? We thought we had enough but our money is running out. We have enough to make our house and car payments one more month and then we are broke except for a $900 pension. We are 59 and 61, have health insurance, but can't afford the co-pays. We live in a small town and have applied for jobs everywhere but no one is hiring. We have never been on any government assistance of anykind. What do we do?

Lia Grimanis (homeless in last recession)   March 10th, 2009 12:42 am ET

Hi there, I'm a successful businesswoman, I ride a pink BMW motorcycle, swim with sharks, and occasionally fly a helicopter. My life is a dream today, and I was homeless during the last recession.

Can I get your help in reaching Pat from NJ? She mentioned that she and her husband became homeless once and I'd like to hear their story.

If there are 3 key things that losing everything gives us, it's defiance, creativity and fearlessness. When you know you've survived the worst, you know you can get through anything. You will get through anything from now on. And you will live a brilliant life.

Necessity breeds genius.

Matt in Roanoke   March 10th, 2009 12:46 am ET

Why don't we help banks set up property management divisions to begin renting out the homes they have foreclosed on. Creating a "rent-to-own" environment generates immediate cash for banks, encourages the stability of neighborhoods and helps prevent crime in areas that are becoming increasingly more empty and thus safe-havens.

Lisa   March 10th, 2009 12:51 am ET

Hi- I'm a psychotherapist in Silicon Valley. My practice has been busier than ever these days. I want to remind people to use their health insurance benefits for therapy if they have that type of coverage. It's my theory that many do and either don't know or don't realize the value in that.

Just a thought.


Margo Street   March 10th, 2009 12:51 am ET

What do recomend if you work is real estate base. Your only income?

April   March 10th, 2009 12:51 am ET

I put $20,000 into the stock market last year and now my it has went down to a little over $10,000. Should I take it out or leave it? It is very stressful to know that I have lost that much money in a short amount of time and I keep hearing that the economy is going to get worse.

j. austin   March 10th, 2009 1:00 am ET

why are we bailing people and companies out?
perhaps they deserve to stay behind bars (go out of business, bankruptcy, etc,)

Peggy Swihart   March 10th, 2009 1:00 am ET

Love you Larry King! Ari Velshi, you need to go. You are not viewer friendly and you are not audibly friendly. SLOW DOWN!! I have been forced to tolerate you on CNN now I must tolerate you on Larry King.

Marsden Bigby   March 10th, 2009 1:05 am ET

To Jean Chatzky:

I am tired of people like her and her ilk telling American workers to settle. To suck it up and take a job you hate for less money than you are worth or learn to love your job you hate. So that what? 20 years from now we can spend hundreds of dollars a month on a psycho therapist? Why is it that people are ok with the rich and powerful holding the rest of us hostage? Increasing the bottom line is their mantra. It's what brought us here to begin with. Maybe it's time for working people and regular Americans to start standing up for principles of fairness and decency in the work place. When a job pays us they are paying us for the work we do for them. Why do we need to be so beholden to them that we are willing to sell our souls and sanity. They pay, we work. I'm tired of having to feel thankful towards someone who is making money off the work I do. It's time for CHANGE!

j. austin   March 10th, 2009 1:06 am ET

a bail out will just exacerbate a pervasive attitude in this country that people do NOT have to take responsibility for their own actions. how is bailing out a business that was run poorly or corruptly that much different than spilling coffee on yourself and becoming a millionaire?

Scott Cusick   March 10th, 2009 1:06 am ET

I am not a home owner, I rent instead. I spent the last 11 years donating to the United Way at the home improvement company I used to work for. Now My family is in need of an organization similar to that. I have 3 children and am working only part time for $6.50 an hour.(More than willing to work full time) I have never had any kind of state funded help.
Is there anyone I can get in touch with to ask for some kind of assistance? No section 8 avalible where I live.

ed,vancouver canada   March 10th, 2009 1:16 am ET

The strategy of your guests is great for people still working.

Your steady stream of verbage and hype does not help those who are losing their homes and credit.

Start your own business?Statistics prove that 80% of small businesses fail within 3 years.,and that is with a normal economy.
Attempting to compete with seasoned experts is rediculous.
Unless you are going to wash windows,where are you going to get the capital?
Borrow against your upside down home?
Borrow from friends with no money?
Put it on your maxed out credit cards?

If experienced business people,many years in business can not get credit and business loans,what do you think the odds are for new arrivals?
People with the education and the severance packages to start a business,maybe so.,but they are winners and do not need advice.

This is truly the most pathetic "expert" advice I have ever seen.

Spend your time and effort on ways to get the banks to lend money to existing small businesses,so that they can employ "tent cities".

Do not go swim with the sharks.

Friendofgod   March 10th, 2009 1:21 am ET


You all need to really wake up.Stop putting your faith in the stock markets,the stimulus the this the that.People wake up, the only way you will get out of this so called "RECESSION"is to put your greed aside pick up the bible and put your trust and faith in the lord. Why do you think all of this is happening.This was all prohpesised ,but no one is willing to take the time out of their greedy schedules.You would rather go house hunting and bargain hunting. What a shock!! the new trend is searching for foreclosed homes at really great prices. Whats wrong with you, taking a home that was never yours just cause its on sale.See the greed is starting all over again,and the cycle will never end.People People please wake up the lord is coming soon and our relationship with him is more vital then any "investment:" you can make. INVEST IN GOD, HE IS THE ONE WHO WILL LIFT YOUR BURDENS NOT THE GOVERNMENT , WALL STREET OR ANY OTHER POLITICAL FINANCIAL "SUPERPOWER. THAT SO MUCH OF YOU TRUST


Eva Hester   March 10th, 2009 1:47 am ET

We are already in too deep better finish the bail out, it might just work. Attention Americans: Buy American made!!
(1) If industry could computer network purchases and give away stock for specific amount of anything purchased. The more you spend, the more company shares you own.
(2) Car industry 0 interest and if you loose your job no payment until you get another job and if the car is returned not damaged, no damage to creditt unless significant damage and mileage to vehicle.
(3) We must keep GMC operating. Government earmarks to promote fuel efficient cars with rebate.
(4) Boone Pickens energy program should be inititated quickly.
(5) We must start off shore drilling and become enerby efficiant.
(6) Government should promote bio, wind, alternative fuels and the companies should get government loans for projects with interest.
(7) Stock Brokers we don't trust you, try commercials with a polygraph available. We would like to know how much stock for each market has dropped and the assurance it will return.
(8) Sell stock insurance, if you loose alot of money in the market, set a plan that we cannot loose money.
(9) PRAY

Patrice Palmer   March 10th, 2009 2:07 am ET

I agree with Dodie – put a cap on profits and bonuses. Enron officials both laughingly and greedily began the power surge in unregulated profit dollars, followed closely by other power companies, Big Oil, and the mortgage and financial industry. Thank you, Phil Gramm for removing the regulatory protections put in place after the last Depression (I say this because I believe we're in another). Thank you Bush and Company for doing all you could to help your corporate buddies and the rich, for compromising the safety of our food supply, and destroying the environment. The US government was afraid of a revolution during the first Depression. I'm surprised it's not worried now. As a teacher, it never ceases to amaze me that people never seem to learn from history, but keep repeating the same mistakes. Whenever there is a huge gap in income between the rich and the poor, when the middle class begins to disappear, there is a revolution. I sure hope the government takes the proper steps to rapidly close the current income gap, and that President Obama and his administration also address the many other horrors of the Bush/Cheney "Reign of Terror" on the common person.

Cathy Stewart   March 10th, 2009 2:44 am ET

Oh dear , do people still own stocks ? Most of the people we know ( here in Canada ) have been in cash for over a year. The litmus test or canary in the mine was when the real estate prices started to move south early last year and the mortgage fiascos were beginning to rumble. What happens in the states usually catches up with us.. So...we are all in cash within our retirement portfolios . I think that Buffet has called this one correctly however ( you read it here first ) I am convinced that unemployment will dip to at Least 12 percent this year with more to follow in 2010. It is a global systemic problem that will take half a generation to correct. Fanning the embers of hope with unreasonable enthusiasm is nothing short of hysterical denial. Become self sufficient...hoard soap when it's on sale, dried pasta lasts Forver and so do most tinned items. Plan for the worst case scenario and if things turn out to be more promising than I anticipate wonderful . You can donate your surplus to a soup kitchen. In the meantime continue to live frugally .
Suzy Orman wisely stated that we will in future be judged by who we are rather than by what we have. Taking a leaf from this philisophical tangent start looking at what is really important in your life which usually means those you love and who love you. Maybe all of our "stuff" so lovingly accumulated is really just...."stuff".. Maybe what really contributes to our happiness is those whose lives we have allowed into our own 🙂

ed,vancouver canada   March 10th, 2009 3:07 am ET

Rather than fix this economic mess, we can all become dieticians.
It is the depression cookbook'
50% of americans are fat or obese

10 dollar meals
1 chicken,6 potatoes,6 carrots
or 2 loaves bread, dozen eggs,box of cereal 3 apples
or 3 pots of chicken soup

there are meals that will feed a family of 4 for 8 dollars.example
1 chicken,rice,carrots,onions,

or al jazeera beef stew with salad

Joel Sherman   March 10th, 2009 3:21 am ET

Not only does buying in bulk help save money but also growing your own produce instead of wasting water on a lawn.

Mike   March 10th, 2009 3:37 am ET

Home mortgage= 100 to 300% interest
Insurance and oil companys get most
Of the rest.

Simple enough.

Suzanne   March 10th, 2009 3:49 am ET

We have offset our investment portfolio by investing in Metroplex Group, LLC which is a real estate arbitrage venture. The investment offers high returns with low risk because the tenants are being placed into homes through a government sponsored program..

Leah   March 10th, 2009 3:54 am ET

Tent Cities in the U.S.A!!!!!!!! There but for fortune go WE, we've been robbed...Should NEVER have happened, the BAILOUTS should be bailing out individuals and families. The inheritance Obama got should be paid for by those that caused it, not putting people in tents down by the river. And how many people can afford to watch CNN on cable or satellite's all nuts. Ron Paul said give the money to the people, not have government bailing out their buddies. We dont even need the multi billion dollar bailout, the ultra wealthy crooks just want control and havent got an ounce of conscience...the news to invest or conserve doesnt reach the people who need help the most.
Why dont you folks volunteer to help those in Tent Cities and Prevention...I volunteer to raise funds if YOU/WE can start the drive.

Suzanne - California   March 10th, 2009 3:57 am ET

If you want to invest in real estate, consider investing in a private equity instrument like the one that I commented above. It mitigates the risk because you can diversity youlr investment into several different homes. And with a plan like Metroplex Group, they provide a 3.5 year payback which includes locked in appreciation and well as high returns on rents. We have been very happy with this type of investment - watching our money grow while we are helping give a fresh start to new families get back into a home.

Elisabeth   March 10th, 2009 3:59 am ET

Re: Jean Chanzy, commentator tonight


"Don't leave your job. Even if you hate it or always have or want to look for something new. Now's not the time. Engage with your coworkers, dig in, etc, etc."

To which I say: NO NO NO. Dead wrong.

This is the PERFECT time to flat out leave a life you were barely living before, and if you didn't like it before, chances that job, career, colleagues or tasks you tolerated or justified, are now even less compelling, and your job is less compelling, than ever. It's probably morose. If you're near retirement, ignore my advice and I am deeply angry on your behalf. However, if you're one of those near retirement who kept voting Reagan to Bush: Thanks. This is exactly what you deserve.

To everyone else:

Go! This is a unique time, a difficult one, but a time where you are definitely not alone in throwing your hands up and going...why? Why was I ever fighting for this in the first place? So, if you're worried about losing money, or are losing money, or have seen whatever means to an end lose its means and its end...Go with the other guy. Find your spirit. Check out. Rent Network. Walk out. Leave the house. Oh my! 430 credit score! Who cares? Really? So you can get new cards from corrupt companies, and buy autos well made by foreign ingenuity rather than bloated domestic tanks that plastic parts fall off.

G)!! Take the ones you love and live in a room, a tent. Who gives a crap if you sell @ 35%. Take the cash, find your soul...and as a child and your children. They need your love, nothing else.

Phil   March 10th, 2009 4:00 am ET

I guess this means people will not keep paying for their kids to get useless degree's.

Kathleen Bagliio   March 10th, 2009 4:16 am ET

In response to Marcus Buckingham I totally agree that much dormant talent of those currently unemployeed could be put to good use in efforts of volunteerism in all areas and all fields .Much talent could step out of the box and create new ways of cooperation between fields of research and eliminate duplication of efforts,share knowledge bases,streamline solutions.Never have so many brillant minds been available to collaborate at the same time.Is it true that these many persons collecting Unemployment in New York state are forbidden to volunteer as this could result in the loss of their much needed benefits.Would the Govenor chose to at least temporally suspend this obstacle to reap the rewards of the use of this untapped talent for the state?What do you think- just a Medford Mom

ed,vancouver canada   March 10th, 2009 5:35 am ET

soon everyone can work for the military.
if this stuff keeps up,it may come to that.
the nuclear weapon standoff and the "what are you going to do about it" attitude is a concern.
I hope i am wrong.
everyday the news is going in the wrong direction.

Mark   March 10th, 2009 5:36 am ET

I think it is time for CNN to start asking the tough questions of Obama. My 401K and other investments have halved since he was elected. And, he still does seem to care or give confidence to anyone. And, I wonder how many of our elected officials had bailed on the stock market knowing what was going on. Like insider trading. What about investigating that?

Chuck   March 10th, 2009 6:13 am ET

Mayor Johnson needs a reality check. He states that the reason that people are in the tent cities is that many have pets and don't want to follow the rules at the shelters. Has he had a family pet? What does he expect them to do with it? Take it outside and slit its throat? These people feel the same way about their pets as children.

If he wasn't so interested in hiding the fact that people are homeless in his city maybe he could think of a solution to tearing the tent city down. There is plenty of room along the American River.

1. Bring in some port-a-potties

2. Bring in some portable showers.

3. Truck in fresh water.

4. Organize the tent city so responders could have access.

5. Assign a few offecers to control of the area as in a national park.

6. Establish some REALISTIC RULES and enforce them.

This approach would be much less costly than relocating these people to some designated area where it would be more like confinement than camping. It would give the people in trouble a way to make ends meet until they can get back on their feet and be much more psychologically beneficial than being in a determent camp.

See if you can get these suggestions to the mayor before he makes a mistake that will hurt these already desperate people.

Chuck from Thailand (lived near Sacremento for 2 years)

ed,vancouver canada   March 10th, 2009 6:31 am ET

your gas is 2 dollars a gallon and ours is 4.50
there is something wrong with that.
more people drive fuel efficient cars here.
when our cars get 100 mpg,gas will be 9.00 a gallon.

ed,vancouver canada   March 10th, 2009 6:47 am ET

there are so many empty homes that it is not nessecary to have tent cities.That 50 year old construction worker could help fix issues with the homes,so they could sell quicker.
The banks do not want to sell the homes?
something is very wrong with this picture.

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