Escape through just Consumer Spending or oring money in the. Stock market thats not going to do anything we have to create a new economy which offers good jobs or construct if were. Developing the times of interest structures social environmental structure physical structure that we need the kind of goods that we need to live a decent life and thats the other half of the Green New Deal it is essential for not only for survival but for Health Issues you mention corona virus how does coronavirus alter your analysis given that corona virus threatens corporate profits interestedly it does not yet. Sure written most corporate profits many corporations are making money hand over d fist of that high tech for example whether it was 1. 00 day in which jiffies us termed 13000000000. 00 or theyre going to hedge funds private equity funds old doing fine because the treasurer is poor and money into the economy in a way which largely benefits them if you take a look at the economy take the United St
Old doing because the treasurer is poor and money into the economy in a way which largely benefits them if you take a look at the economy take the United States but its world will the stock market is breaking records poverty is riffing records theyre totally dissociated and thats. A sign of the eat disease of the economy which then only be overcome by the development of the policies. Outlined in the details of the Green New Deal proposals what do you make of the continuing corporate reframing of the Climate Crisis its up to ordinary people to recycle to buy organic food its up to them rather than the need for systemic change naturally those who benefit from existing institutions do duck under see them changed not which is a fairly good to tell it area dictatorship and there are problems the dictator isnt going to say overthrow me well thats analogous to what youre describing the core of the problem is the. Massive. Production for private profit not for need and the you should the fossi
General suspends those controversial cutbacks until after the election and Congress Calls him to capitol hill demanding answers College Crisis notre dame, the latest university to suspend inperson classes just one week into the semester the spike in cases is very serious and we must take serious steps to address it. An entire Sorority House in oklahoma now quarantining. Just ahead what schools are trying to do to keep covid off campus state of emergency the National Guard mobilized in california with dozens of wildfires raging across the state. Evacuations underway overnight and a searing heat wave making everything worse all that plus just desserts. The Surprising New girl scout cookie thats already the toast of the town. Today, wednesday, august 19th, 2020 announcer from nbc news, this is today with Savannah Guthrie and hoda kotb live from studio 1a in rockefeller plaza. Morning, everybody welcome to today. Nice to have you with us couldnt you go for a french toast cookie got to wait
Youre an independent, 2027488002. Good sunday morning, the First Official start of summer and we wish you a happy fathered to the dads and grandfathers. Well get to your calls in a moment but the president taking aim at former Vice President joe biden. The speech lasting one hour and 15 minutes with the president s remarks alone. Heres part of what he had to say. President trump when biden first ran for president over 33 years ago, remember, i used to call him 1 joe, he never got more than 1 until obama took him off the trash heap but he blatantly copied the speech of a british politician, even ripping off the mans personal biography and Family History and claiming it as his own. He forgot to say he was born in america. Joe biden is a shameless hypocrite. Nce 2003, he has delivered fanning eulogying to the funerals and the funerals three leading supporters of segregation, including a former member of the kkk and yet biden is now smearing his racist, tens of millions of people like your
Suffering the biggest oneday loss in two years. The dow dropping 3. 5 . The worst day since february 8, 2018 the s p losing 3. 4 . The worst day since february 5, 2018 about 5 off the record intraday highs. This morning, futures trying to pull off a bit of a turnaround after a sell off for the dow we could see the dow open up by about 80 points. The s p up by 9 points and the nasdaq up by 50. It is not much but something well see can stick in this session. Bouncing back from record points in those moves, 10year note drifi dr drifting lower twoyear note yields 1. 45 gold giving back a chunk of its gains. Currently 1,653. 40 thats comex index it is a run towards sevenyear highs. The market message is stocks tend to bounce back quickly from days like yesterday. There have been 18 drops on mondays s p 500 and the following day has seen an average gain of 1 well see if those green arrows stick. Bouncing back with a big picture in asia. Remember, tokyo was the focus. The hang seng up about.