Someone from Morgan Stanley. Toid later, we continue focus on farmer with the merck ceo and chairman ken frazier, two important interviews you do not want to miss. Lets look at the markets. Jon futures a little bit softer , down by a 10th of 1 , the footsie with the biggest week of gains since 2011. Switch onof 1 , the the board and get to the bond comet, 10 years, treasury alltime lows, down by six basis points on the session, a softer down to 10 of5, 1 , expectations that a little bit of stimulus in the pipeline from the bank of england coming this summer. Alix that was the big news from yesterday didnt around the world, indepth coverage of our top stories, paul dobson is in london on the treasury yields hitting historic lows and the latest developments on the race for Prime Minister. Beijing, the latest manufacturing numbers in china and julie hyman on the stock move we saw. We begin in the third quarter, individual members. Lets start with paul dobson in london, is record low yield
Important is in terms of how do you support really standg up or evaluating real life use cases or proof of concepts or pilots if you will and thats what we see other countries doing is getting these systems up and running to learn from them as quickly as possible. That takes infrastructure support. That takes things the government is best equipped to help execute and manage. I think thats another big area where we would really welcome the support of these agencies. So when youre talking about infrastructure, were planning smart cities. We need to be thinking five years ahead, ten years ahead in terms of the ability for us to have Smart Devices and the like. Exactly. The Vehicle Infrastructure piece of it the markings on the roadways, basically equipping the infrastructure to be ready. If were talking about large investments we should be looking into that. Federal and state. I think ann harbor is a good example. They have come together to create a test bed on the campus grounds. You wer
Legalized, dont expect a scent subsidy and pay every tax imaginable. And in ten years forget about bringing your brothers or sisters because those are gone. Then if that wasnt enough 20,000 more Border Patrol agents. But its worth it what youre doing. What were doing is worth it. I want to extend another hand to the other side of the aisle to say all of those things i dont like them, but im ready to accept them because the alternative is the kind of pain that you hear that young lady. And you have to multiply what they said here millions of times. I want you to think of those millions of tears every day, the pain and devastation that exist in our community. Thank you for the personal testimony and for humanizing this issue for all of us. Thats going to help inform this committee better than any statistics ever can. I thank the gentleman from illinois. The chair recognizes the gentleman from idaho. Thank you mr. Chairman. Mentally greed veem with one thing and that is my mom is the best
I think they definitely need to do a better job there. I think this is true not just for president obama but everyone of us. Things are complicated. They are more complex than they look on paper. You bring up the payroll tax cut. I thought it was a terrible idea in the context where we are supposed to collect this money to help pay for the retirement of current retirees. You cannot have it both ways. Claim we have Social Security selffunded and then say we are not going to collect that program. Unds that is extremely important. Do itdmitting the way you is by borrowing more money. There are a lot of things lost in the debate. Some are born and complicated. Specific tonk it is president obama. Guest was a payroll tax cut as part of the stimulus. It happened through the payroll taxes. It did not mean money going to Social Security was reduced. Guest exactly. But that was lost in the debate. Been i do think there has in messaging problem with obama. He did not do the things he could have
After 9 11. Going into election year, what are the politics . This was a real demonstration. You had House Republican and democratic leadership on the same side of the issue with the white house. Then you had so many members voting to restrict this program. I think the fact that you solve the head of the house and Senate Intelligence Committee Consent publicly to examining how to possibly bring this and are put in more privacy protections as an example of what they are willing to do as a first step and if they can do that that they can get agreement on it and put that in place and maybe that will be enough to hold it off. It depends on what trends fires what transpires and whether it continues to down political discourse. A lot depends on how quickly Edward Snowden situation where there in russia or back in the United States is settled. Thank you for your questions. We appreciate it. [captioning performed by national captioning institute] [captions Copyright National cable satellite co