The new cold war between russia and the west over ukraine is costing russians dearly. Moscow expects russias economy to spiral in recession. That will hit russian households with a 2. 8 drop in collective disposal income. Western sanctions are taking a big bite out of russian economy, but a bigger culprit is falling oil prices. They have plummeted 38 since early summer. Thats a problem because russia counts on oil and gas revenues to fund half its budget. Meanwhile, the war between the government and prorussian separatests stalls while fighting drags on in nearby donetsk. Ukraine accuse russians of sending more troops and weapons to grab mortar tore. The russians hav president Vladimir Putin said that hell make sure that ukraine will never threaten russias soft underbelly. The socalled south stream pipeline would have moved gas under the black sea through bulgaria and on to italy, austria and points west. It would have eventually skirted ukraine. Putin claimed that europe piano union s
We learned today that the u. S. Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But let
We learned today that the u. S. Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But let
Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But lets be clear. Americans continue t
He doesnt get to do that. Okay. Now his own dhs secretary, jay johns Johns Johnson stated it to enforce a duly enacted constitutional law thats beyond simple prosecutorial discretion. I think that the a least three of our witnesses believe the president has crossed that line. Could you be more specific and let me start with mr. Dupree. Thank you. I think secretary johnson is correct when he says there is a line. I think in this case the president not only crossed the line but that line is far, far, far in the distance. Thats kind of like the line he drew on syria. Right . I think that is an apt analogy. Thank you. I dont know that the constitution requires a certain number of people beyond which he could not grant deferred action to. I dont think the constitution speaks to that degree my time is limited. Im just going to quote very quickly from the opinion quoted by members of this committee and some of the witnesses and that is the cheney opinion. This is the part thats conveniently i