My 25 is frwife is from india. I still love india. Be careful yeah. But and india has enormous potential and capability. But i have to, again, simply say india has a great capacity also for disappointing. It lumbers forward like an elephant and it also operates on its own strategic agenda. People from the Indian Strategic elite and ive spoken to a few of them by accident. They all seem to be related to my inlaws in one way or another, country of 1. You know, 2 billion and Everybody Knows everybody else it seems. They are not ready to play this kind of role. They are enormously focused upon pakistan and upon internal issues and thats and the strategic agenda. So, i dont think theyre going to what we are seeing, though, at least in the maritime issues partly because china is pushing into the region and chinas support for pakistan, they are interested in countering that and in certain areas we are seeing increased cooperation. I think theres a lot of room for it, for example, u. S. And it
Paying taxes on almost all of it. , for corporations instance, hedge funds, use a gimmick in a loophole in the law called. Interest, which allows the big ays at the hedge funds to pay lower tax rate than people who work for them. It is a loophole in the law. We showed literally tens of thousands of americans were hiding their income and their. Ssets overseas illegally a lot of them in swiss banks. We went after a lot of swiss banks aiding and abetting american taxpayers to avoid paying taxes. After we showed that, the irs your back on in, pay taxes, we believe you amnesty, but we will argue interest. Over 55,000 americans who had hidden Bank Accounts came in. We collected about 6 billion. There are a lot of gimmicks used to avoid paying taxes. But tax havens, the Cayman Islands for instance, have been soaking up huge amounts of our money that really is needed in america for the things we need to do, whether it is infrastructure, education, reducing our deficits, defense, you name it. H
To move the thing along quicker, you know, for research or for staffing. And then, as we saw, by the way, you know, in the bill that kept the government going for another eight months or so, we saw writers attach to that, you know, fundamental budget bill what was designed to affect derivatives risk. So congress is in it, theyre in wit both feet, theyre in it at the front end, theyre in it in the middle, and theyre in it in the back. There is something, and let me get to this one on the next slide yeah. A guest speaker said derivatives were defined three different ways in dodd frank on purpose to give the agency more power to actually select the definition that they wanted because they could have more power not on the hill at that point but with the agency defining it. Yeah. Well, i mean but if youre saying that the agency has the power, youre really saying that the groups that influence the congress to write those three different definitions were expecting some advantage from one or m
Doing okay, the secondary roads and sidewalks and parking lots. Your car will have some snow on t. 27 for chevy chase so we are all below freezing. Anything that falls is sticking, especially for the grassy surfaces and parking lots. Look at rest of the day. Looking good. Sunshine just before the sun sets. Lets go to trenice with traffic. Im excited about sunshine. Thank so you much for the heads up for that one. Elsewhere heads up for folks on 270. Youre looking much better. Lanes are now open southbound 275 just after hyattstown. Previously all lanes were closed for an overnight accident involving a jackknifed tractortrailer. The again that has been moved out of the way. You can still see the delays, however, stretch back to around frederick so well be slow and stop and go most of the way. Southbound trying to make your way towards germantown. Elsewhere Nikki Burdine is live. Theres still a closure in place on kenilworth avenue at decatur. Thats going to be closed for a water main br
Up to five years. Say you multiply one million times five, you get about 5 million professional workers in the United States at the present time taking jobs and some Academic Studies that are done, basically pointing out that we have much higher Unemployment Rate among professional workers than we have experienced in the past and that wages for those professional workers are basically stagnant over the past about a decade which would not be true if there were a shortage and if there were bidding among the employers for those high skilled workers. And with regard to the lower end of the skill level, farmers will tell you that they have crops that are rotting on the vine, and that is true. There have always been crops rotting on the vine regardless of how many workers were available for harvesting them. That always happens. For various reasons sometimes the crop is somewhat damaged. Sometimes it is simply a resource issue that the workers do not get there at the right time. But it is not