Coming up in a few minutes. A couple of different stories were watching. The nasdaq partying like its the year 2000. Closing above 5,000 for the First Time Since then in only the third time ever. The nasdaq now. 8 away from the record close. There is a surprise from down under this morning. Australia central bank holding back on further easings. Gasoline prices jumped 37cents a gallon. Now thats the largest week to week increase since the agency began its survey in 1992 but life is relative and if you remember where things were six months ago its hard to complain. So it doubled in three and doubled again in three. So it doubled 72 divided by 3 is 24. 24. So its probably is it 24 return in six years if it quadruples . Yeah. If it sits right you can do it. So the nasdaq is up so instead of 6 or 7 for equity appreciation the nasdaq since 2009, 24 a year. So stay out of the market. If you put that money in 15 years ago youre just giving it back. They didnt have money 15 years ago. They wer
Or working with darpa as we are doing and with fda on this toxicity chip. Working on the brain initiative, a new effort which isugoing to be focused between nih and nsf and darpa and a number of private industries and philanthropies trying to make sure these kind of interdisciplinary efforts that jim was talking about are tapped into in every way. We are always looking at that. We are even looking at our peer review system to ask whether while we claim its the best in the world, are we sure about that . And are we sure our peer review system is reflecting the scientific opportunities of 2014 and not some earlier stage, and do we these to rethink about the way in which those peer review panels are established as far as what disciplines they represent. And we have the tools now with various kinds of text mining to really look and see what is going on in science that we might want to make adjustments for. So were pretty bullish about that. Another thing we are doing, again, this reflects
And as the senator said, that is something on which congress has demonstrated as recently as the last five or six years that it can come together, and i think it could do it again and in a more aggressive way to get advantage of the opportunities which we now know that we have. Some states have already experienced it and by the way some of the regulars of electricity like california and new york have figured out how to make it attractive to energy providers, electricity providers to provide more efficiency to the ed vintage of the consumer by to reducing rates so there are many things we would be able to agree on and advance the cause of the carbonizing the economy. The diversity of fuel sources as well as efficiency travel parallel to the interest of the environmental policy in my judgment. We did, the congress did agree on the standards and the administration has continued to work in the industry to move those numbers up even more so there is a classic example of how we did something
The next 30, 40 years, so maybe that helps. This is a very complex issue. It has to be resolved. There has to be a happy medium there. Whether or not it is because these ceos are boring abroad for certain things or not, that is up for debate. Im certainly not one who will take a position on that because i dont know enough about it to make that call. There are a lot of very smart people out there, who we should respect, they are very good at what they do and they are still debating about what the Proper Solutions to this is. All right now, this is why were seeing such a huge amount of debate going on in d. C. And in board rooms across the country. Washington, d. C. Host there have been reports that secretary geithner will play a role in these talks. Guest the Economic Team is in place right now. This is obviously a very Critical Role for the administration and for the American People as a whole. With tim geithner, a lot of people have said he is one of the reasons why things are as shak
This is an explanation for the political crisis. The European Union has not solved the problem that it is a community of a federation of separate states. It is undecided what it is, is it a federation or is the day assembly of separate states . This is the major problem of the European Union for the time being, this and salt structural question. This plays a major role this unsolved structural question. At the end, you need all people on board to give access to country. The problem with the European Union is, because you need it to be unanimous, concerning macedonia, you know your neighbor has enormous problems with the name macedonia. But in macedonia, we should be honored. I had the biggest hope that macedonia could become a wonderful example for a multi ethnic, a country with a multi Ethnic Society and the constitution as a basis for Mutual Respect of the different ethnic in the country, and the kind of political system, reducing the differences by defining common goals and working