Over, opened over water as a Tropical Storm and that will get that, churned up here. We will be dealing with the higher rip current risk here, and if you are enjoying off season at beach, i really want you to stay i would in the risk it because it can be, again, pretty treacherous out there when we are dealing with Tropical Storms, churning up the waves. It looks like a nice july like day, already 71 degrees at the airport, 65 in atlantic city, and, where we have been flirting with 30s in recent weeks. We are not breaking out here a nice warm day here in the mountains with until the sunshine, and, here in philadelphia it is going to feel like summertime. Fall is literally right around the corner, equinox takes place tomorrow afternoon, we are still 40 days away from halloween so still time to figure out what your Halloween Costume will be. Have you given any thought, what will you go dressed up as this year. I really havent. Elv ira. What is that. You dont necessity who that is. Oh, no
The biggest gainer is the qqq, the nasdaq etf. China with an aggressive move allowing more flexibility. It is soars today, as you would imagine, up more than 4 . Bob, its a good rally, but were not quite getting back what we lost on friday right . But if youre not confused about the action the last couple days i dont think youre paying attention. We are down 280 points on friday. At one point today we were almost on the verge of getting it all back. Put up that twoday chart. Were basically almost back to where we were. Lets not quibble. The point is whats going on . Why is this happening . Ive asked many traders this morning how to explain the last two days. No alternatives to stocks bob. Theres no reason they should have been down on friday. Chinas going to stimulate other people are saying bob, its an illusion. No matter what its true i think mand,is right, china has been sending some mixed signals recently. By the same time on friday they came out and banned margin financing, theyre
That was reverend jeb Jesse Jackson in ebony magazine. The crisis were facing today in terms of poverty, you cannot generalize about poverty. People who just there are three categories. There are those who are characters in place intact, but a factory is moved out, the death of a breadwinner, and people like that, if they are given an opportunity they use welfare the way they are supposed to as a surface and not a transportation systeservice ad then you have category number two of people like the single mom in milwaukee some years ago who was on welfare with a single child and a saved 5,000 of her money to send her child to college. When officials found out they invited her into charge her with a felony associate concluded the disincentives for working and being responsible or not worth it so i will just sit back. And the third category that concerns most of us are people that are poor because of chances they take and the traces they make. That is exactly what paul ryan is talking abou
He backed down on that. Fighting with the authority to reorganize the federal government. Once he had authority, the first seeking did was it greeting that security an important piece of historical context. Roosevelt to be fighting with congress not only over a party to reorganize the government generally but never authority to recreate the ministry of health, secretary of health. At the Time Congress said no, and roosevelt had to accept some authority to reorganize the government. He had to justify every piece of any reorganization on the basis of money saved. He could not create a new Cabinet Agency. Nonetheless carries about set in motion a process that went. Applying for unemployment assistance. And getting help from the federal security to finding a new job, and it is a writer that this agency has created a really critical juncture in American History of. The country had gone through the great depression, but roosevelt is already looking toward what might be a big board in segment
In any society of the talk but the future youre really talking about young people because they will inherit the society. We have a very precious blessing does not run itself. Has to be managed by people that understand the rules of the game, the value, they appreciate. If you failed said transmit to the Younger Generation and appreciation of how important liberty and democracy are and knowledge about how the system works, how they can participate in a constructive way, if you fail to do that the future of the democracy itself is endangered. And much more than, i think, any foreign enemy could ever play csn because were very strong in terms of military and even the economy, but we will never survive or thrive if the younger people who inherited do not appreciated, value would command dont understand how they can participate in a constructive manner. Host why arent younger people, in your view, appreciating in and valuing it like in the past . Guest it is not their fault. A lot of it is