Targets chief Financial Officer. The cfo will be joining us in a power lunch exclusive to give us his financial forecast. We begin now with the health of the American House housing market, and new numbers on home sales as we begin to gear up for that spring selling season. Fingers crossed it comes. Youve got dr horton and toll. All moving to the down side. Lets get to diana who is live in washington. Hi diana. Hi mandy. After a disappointing report on january sales of existing home sales of newly built homes out today a bit more heartening but you have to keep them in perspective. Take a look. January sales came in at an annualized rate of 4,1,000. Thats flat from december but december had seen a huge 11 monthly jump, and we didnt give any of that back. Thats good. The 30year average for new home sales is over 700,000 a were. We still have a long way to go. Sales of new homes priced under 150,000 are onethird of what they were a year ago. That is why luxury home builder Toll Brothers i
If i can add one more thing, remember the beginning of the United States of america. Economy of the this Southern States in the northern states is very different. They were very different from each other. Even today, the economy is very different. We found a way to deal with that and the regulators are the same is true in europe and china and india. Same is the same is true and brazil. This country deals with gaps between the rich and poor, agriculture, and earthen industrialize an evolving in much the same way that were going to have to on the global stage for a the problem has been solved and can be solved. Host good afternoon, we have a caller from new york city. Caller hello, im so happy youre taking my call. My question is this fiscal cliff that we are approaching. If president obama allows it to happen, what kind of catastrophe are you talking about . Im kind of concerned . So negatively will this affect the industry . How bad will it really be out there on wall street and main s
Thank you. I am david nassau and i am absolutely delighted to be here. As i tell my history students until they want to choke me, the past is a foreign country. We can visit their, we can try to learn the customs. We can translate the language, and we can feel the air and light. We can smith observances and recoil of the folders. The we are for. We are foreigners. Writing about the recent past is not easy. While i was privileged to spend a lot of time talking to a lot of kennedys, it was difficult to weed as a historian, working with living people. I would much prefer to work with documents. You have to figure out what is true and what is not true. Where the story came from. Because the stories are all told with the same authenticity and vigor. The other difficulty about writing with the recent past is that it is not always easy or to establish one distance from it. We have a responsibility to demystify and move beyond the cliches about the wisdom and courage of the greatest generation
Enabling [inaudible] its minds boggling howment of tens of billions dollars we have wasted in countries like iraq and afghanistan building while elephant projects of no earthly use and actually battling the insurgency. The Water Treatment plants. Im not sure why we were doing it. I think its something we call the gratitude theory of counterinsurgency. If you give them cool stuff, they will like. You a. If you give them cool stuff and not in control of the area, the other side claim credit for it. And so if you build stuff inside the city but dont control the city, guess what, they will claim it. But the larger problem is if you dont have security, it doesnt matter how much people like you. Theyre not going to come over to your side if they get killed for doing it. Theyre not suicidal. Theyre not going commit suicide because they love a Water Treatment plant. So you have to have basic security. And to establish basic security. You have to have men with guns on the street 247. Its the es
Closer than it does now. What is now washington as you walk that end, that was the neck as you come and from now the south bend into boston. This was an island and one of dozens of islands that occupy gigantic boston harbor. They had ships scattered throughout the harbor in strategic areas and cap the entrance opens so that they could get revisions whether they be from england or from canada. This meant even though they were completely surrounded by land boston as it british occupy a garrison is going to starve. So it became a stalemate that then erupted into violence in the battle of bunker hill in june 1775. And this was a battle like none other. It was a terrifying cater for those not only living in boston but in towns around because all of the roofs of boston were filled with people watching as more than 2000 british regulars made their way across the harbor into the Charles River to the charles town financial and began the assault that would erupt into the battle of bunker hill. S