Issues. Is this picture on the left a real picture of you . Yes. Not the week . Not a week spirit when was that taken . I would guess 71. Not quite positive. What were your politics 1971 . I think a martian left would be the easiest way to sum it up. I was a left winger, but it didnt make enough sense to actually be a communist are trotskyite or anything like that. Went to the transformation occur. When did the transformation occur . I just wrote about this. There is a book coming out from the Hoover Institution is backing this, called why i turned right, and its the story of a bunch of us and why we became right. It is a long store and i wont tell it but ill give the short version of it. I was a radical leftist, very much in favor of some sort of marxist socialist thing in america. I got a job. I got a job paying 150 a week. I was a messenger in new york when it appeared he dont the week is a lot of money is forced i was concerned. I was living doubt on the Lower East Side and i was v
A game works on parts of government. You kill the postal service, merry the armed forces, screw agriculture subsidies, mary Social Security and healthcare reform tells us. Great tools because in a free and democratic country politics is a stool balanced on a tripod of power, freedom, and responsibility. We live in a free and democratic he. A little less democratic than it was before last night. Also a great tool of political analysis because we are so passionate about our politics and how do passionate affairs end . And a passion, usually coming in a crime of passion sometimes and occasionally they turn into stable, permanent legal arrangements which is to say the endless. This quarrel known as marriage so how do we approach the Political Institutions of our free and democratic country, do we ever grow throw them with violence, do we screw around cheating on them while based cheat on us or do we try to build something lasting and boring but worthy and annoying, marvelously virtuous and
Afternoon if you are watching from asia. These are your markets. We have quite a lot going through and extra data to check. You can see the stocks europe 600 down 2 because of the fair catch fresh tariff ramp imposed kind of came out of nowhere. People are wondering if it means we will not see a resolution. The one to watch, extending gains and treasuries heading higher. Crude at 54. 8. And if you break down some of the stocks and where we are seeing nervousness, you can see basic resources down 4 . And the u. S. 10 year yield at 1. 84. Coming up later on the program, we have a great exclusive for you. When youre on from taking the ,op job, we talk trade, china and luxury with chief executive. Dont miss that interview 30 minutes from them. From now. Now lets get first word news. The new Prime Minister has seen his parliamentary majority cut to just one after losing an wales. N and the liberal democrats won the special ballot. The tory mp for the area have been recalled after a convicti
Although the big story is about this rout. We have the number Commodity Index near a 13 year low. 13 this year. If we look at individual commodities, and little bit of discrepancy. Rent crude brent crude trading below 50 a barrel. Gold recruits some of its losses from earlier. Investors very bearish. Goldman sachs saying it made below 1000 per ounce. Copper heading into a bear market. Lets take a look at our commodity currency. Climbing from a six year low. After the rba held rates at a record low. Back to you. Mark jonathan lets get to the asian market rout. Thanks john. A very good morning. A look at the shanghai composite. That is what we are doing today. Three clock p. M. In hancock and how kong. The. 7 . That is a 4. 5 swing. For any other market, that would be the best day in years. For shanghai, we know how wild things have been. That is the best day in three weeks. 3756. This is despite this new rule in play. Making it harder for you to profit from short positions. Another thin
Deliberately crashed as insurers try to work out whod be to blame in an accident the motorist or the computer . And one of the most hyped contests in boxing history. Floyd mayweather comes out of retirement to take on Irelands Conor Mcgregor in las vegas. And coming up in sportsday on bbc news ben stokes hits a century for england at headingly but a revitalised west indies dominate the first day of the second test. Good evening. They were Small Businesses that found themselves in trouble during the financial crisis. But instead of helping them, their bank the royal bank of scotland has been accused of systematically mistreating many of them. A leaked report for the Financial Conduct Authority and obtained by the bbc reveals the extent of that abuse. It shows that hundreds of companies which the bank said needed restructuring were treated inappropriately, in many cases deliberately. One Business Owner has told the bbc he considered suicide. Rbs denies the allegations. Heres our Business