higher than before the last crash. and it s cheaper, because we ve eaten up this crisis, we through this. this record breaks out we re not going to have a depression like a lot of people are calling for, the negatives you re talking about are real and that s why we re not at dow, 18, 19,000, if these were gone it s not a wildly overpriced market. it s not tied to unemployment it s tied to earnings and that s a record high, therefore, the stock market, all other things being equal should be a record level. toby, it s often said that wall street has predicted six of the last three recoveries, it s not that great of a crystal ball. it s not. brenda. but remember, anybody who has watched this show as long as we ve been doing it knows that the economy and the stock market are never correlated except, but one moment at time. right at the top and then right at the bottom. we re not near the top nearly. what has happened though, we ve had 506 interest rate
th them, but at the same time i wish i had a father who was around and involved. president obama speaking very personally in his hometown of chicago on friday keeping up the pressure for new guns law in a city that has suffered 506 murders in 2012 and more than 40 in just the last month alone. joining me now susan paige, usa today washington bureau chief, new york times deputy bureau chief elizabeth and national journal congressional correspondent chris fraitz. thank you all very much. susan, the president did seem very emotional in that speech, much more personal, and he has really kept up the pressure for some action on guns. he has spoken of it a couple of times a week for the last couple of weeks. certainly at the state of the union it was the high point emotionally of that speech. it s interesting to hear the comments on friday because it s so rare that we hear that
he will, i would think, eventually get this ability. that s a good poit. uh according to the center for investigative reporting the average wait time for a v.a. claim is 273 days. that s unacceptable. that s way long. and in a lot of cities depending on where you file your claim, it is over a year. houston, 350 days average wait time. new york 412. oakland 427. los angeles is 506 days to process your claim. a lot of days, andy. it is a lot of days. it is shameful. you are shameful. not something to joke about, greg. i am not kidding. i don t like you. go ahead. it is true. tom, you asked why the shooter isn t eligible for the reward money. greg, you brought up something about it if he had quit the seal so he said if he had actually killed bin laden while not being in the military, would he have been eligible? that s the irony of it.
he will, i would think, eventually get this ability. that s a good poit. uh according to the center for investigative reporting the average wait time for a v.a. claim is 273 days. that s unacceptable. that s way long. and in a lot of cities depending on where you file your claim, it is over a year. houston, 350 days average wait time. new york 412. oakland 427. los angeles is 506 days to process your claim. a lot of days, andy. it is a lot of days. it is shameful. you are shameful. not something to joke about, greg. i am not kidding. i don t like you. go ahead. it is true. tom, you asked why the shooter isn t eligible for the reward money. greg, you brought up something about it if he had quit the seal so he said if he had actually killed bin laden while not being in the military, would he have been eligible? that s the irony of it.
six minutes ago before we went on the air, it was at 27,000 miles, going very fast. and so, that s how they have it calculated not going to hit us or graze us, but buzz us in about an hour and ten minutes right here. i hope we live. just kidding. they say it s not going to hit us. not totally true and, but they say there s no cause for concern, hello. you never know, do you? and in other news we re following another major story for you today as the president heads to the windy city, his hometown, to deliver what s been billed pass a purely economic address. but there s he a growing sense that the economy will not be the only topic of discussion. this 174 shootings and 44 murders, so far, reported in chicago. that s just by february 3rd alone, all right? so it s going to get worse and it was really bad last year. last year, the city saw 506 murders, and more than 2400