and rising fast. the dow on the last day of the rate cut was down 33% year to date and the s&p had crashed 37.8%. today, stocks near record highs. the s&p is up 20% this year. another very big difference, a president insulting, cajoling, and rage tweeting the fed and demanding lower rates now. i made the economy so strong that nothing s going to stop us. but the fed could have made it a lot easier. i would like to see a large cut and i d like to see immediately the quantitative tightening stop. so why is the central bank considering cutting rates if the economy is so strong? well, preemptive damage control for the president s trade wars and slowing global growth. the question now, how big with this cut be? and what will jerome powell say about it this afternoon when he
737.8 max fleet, which was operating and was involved in yesterday s accident. as a precaution safety measure. trace, earlier today investigators didn t find the black box for this plane and the cockpit voice recorder so the international community may have answers sooner rather than later on what caused the crash and whether or not boeing is responsible. trace? trace: trey yingst live for us. boeing s stock taking a triple digit loss after the crash. boeing says they will postpone an unveiling for another new plane until wednesday. gerri willis has more. what was a disaster was trouble for the dow this morning. the index fell some 225 points at the open. boeing shares were down 8%. and then it got worse. as you can see from this chart
inside the education department. look at what tom coburn, the senator found, just a year ago, teacher quality. everybody wants teacher qualities. he found 82 different programs across the government. 64 of them, all separately administered, inside the education department. i mean, there s a lot that and here is what is particularly annoying to me. last night, rick klein from abc news and covered a story about the awards and grants to children of people who had died in iraq and afghanistan and the consequence of sequestration, apparently, these grants are being reduced 37.8% which is because there aren t really many people involved, about $62,000 a year, about half of what the new job, the new created job after sequestration is going to pay. so, as a consequence, these kids don t get grants for schools and the president s created this new job and hired someone who worked on capitol hill who didn t even need a job when his salary would pay for two years of the sequestration cuts. an
inside the education department. look at what tom coburn, the senator found, just a year ago, teacher quality. everybody wants teacher qualities. he found 82 different programs across the government. 64 of them, all separately administered, inside the education department. i mean, there s a lot that and here is what is particularly annoying to me. last night, rick klein from abc news and covered a story about the awards and grants to children of people who had died in iraq and afghanistan and the consequence of sequestration, apparently, these grants are being reduced 37.8% which is because there aren t really many people involved, about $62,000 a year, about half of what the new job, the new created job after sequestration is going to pay. so, as a consequence, these kids don t get grants for schools and the president s created this new job and hired someone who worked on capitol hill who didn t even need a job when his salary would pay for two years of the sequestration cuts. an
with 37.8 of the votes. santorum right behind him with 35.3. paul at 12.3, and newt gingrich in the caboose with 10.3% voters in michigan. this is within the marriage eupblg of error. mitt romney is positions himself as the underdog. when you hear rick santorum speak it s pretty clear that he is very well aware that this normally sleep lee michigan primary is now a slug fest. you here in michigan, everyone all all this would be a sleepy little primary. we have one of the candidates that claims a lineage here in the state of michigan, although i do believe he was governor of massachusetts, not michigan. i think i can show that i can fight real hard and come from behind. i think that people as they focus on my campaign and candidacy and plan to get america working again reporter: the stakes are pretty high particularly for mitt romney. he doesn t want to lose his home