Good afternoon, good evening, happy fat tuesday, thank you very muchsd for spending your evening with us. Im joe capizzi, the institute has been here for 3 years, ross has been an important member of the institute. Since our founding, hes been the media fellow and helped coordinate some of the events, some of our contentious events you have seen ross was involved with. [laughter] right. Anyway, we are super pleased that ross is joining us today i think on the day of the release of his latest book. All of you know ross as one of the most important commentators on American Culture today. He writes for the New York Times opinion page and written more than a few books at this point. They seem to all or at least a couple of them have the title how we became something, right. [laughter] right. You might want to steer clear of that or explain that at some point. Anyway, today the format is going to be that i will engage ross in a conversation about the book. I actually had the pleasure of rea
Points, s p is now down 17, nasdaq is down by 18. A couple things going on. First and foremost, last day of the quarter. Just to give you a sense of whats going on with the markets, obviously the s p for the quarter down about 19 . Thats as we were going into today. The dow down about 22 as we were going into today. Now, if the dow closes at about 22 lower for the quarter, this is the whole First Quarter of the year, we havent seen that kind of low for the dow since 1987. The s p 500, again, down 19 and that would have been a level we had seen back in 2008. Theres a lot of things going on right now. Obviously we are looking at potentially an economic contraction, if you will. But some of you are saying this might not necessarily be permanent but its something certainly to watch. We are going to get the adp number tomorrow at 8 15 a. M. Eastern time. Lot of layoffs going on. Obviously we are going to keep pounding on investor psyche with all the industries furloughing workers during the
Officially declare the coronavirus pandemic a National Emergency in the last couple of hours the bay area saw yet another coronavirus death a second person in Santa Clara County has died because of the virus. The local Health Departments, santa county says a woman in her 80s who was hospitalized on march 9th has passed away now that the United States has declared a National Emergency over the coronavirus pandemic people want to know what comes next the house in washington dc is expected to vote any moment now on a relief package called the familys first Coronavirus Response act kron 4 grant lotus in the studio with what all of this means for the country grant well ken and pam number one money this Emergency Declaration means that. A lot of money is now available to help fight this crisis 50 billion will go to both state and local governments in response to the outbreak as part of the executive actions. The president is working with Drug Companies to expand coronavirus testing across th
European countries are not allowed to enter the United States. There are some exceptions flights from a few european countries, including the uk will still be allowed to enter american citizens and legal residents will be allowed to return home as well, but once again states side still have to selfquarantine for 2 weeks, even though theyll be allowed to return home during the 30 day ban. Its been morning americans who are abroad right now. I started getting a much of texas calls the state saying. President trumps made an announcement. I woke me up i started checking the news and i guess initially it was unclear as to the us citizen, if wed be able to get back again its important to reiterate that american citizens and legal residents will be allowed to return to the us while that ban is in effect. Back to you guys thank you all so the money and for us thank you alex. Those flights that do enter the us will be routed to one of 13 pre selected airports that list includes sfo. Right now w
Minutes ago out of washington dc that relief measure designed to help americans who are suffering from the coronavirus pandemic moving forward tonight, thank you for joining us at 10, im pam moore and im ken wayne. The us house just passed the Coronavirus Relief package. House Speaker Nancy Pelosi first announced the measure last night and the house took it up late this evening kron 4 grant lodes joins us in studio with latest on the bill that is now heading to the us senate indeed ken and pam desperately needed this because we need testing to be free. So that people get tested, you know what sort of data you have and this includes paid sick time for people who dont have it so that you dont go to work if you need to work to make rent. And in fact other people so critically important to get this passed and bipartisanship is a tough thing to find in washington these days, but kudos to them. They got it done the goal of course to give Americans Health care assistance and Economic Relief d