As the economist magazine calls have been ignored or obliterated everything having to do with a sound society is being ignored to get a member to a higher level and its getting to a higher level but at what cost the cost is going to be catastrophic were going to go over some of the cost in the next headline but in fact i want to say you know 1. 00 thing kaiser reporters always said in particular this guy named max kaiser on kaiser he says that the bankers always commit these crimes and then change the law so after the financial crash remember chris dodd before he was paid off by hollywood and got to run the m. P. A. Chris dodd and barney frank did the dodd frank act well here we have the fed using the dodd frank act which was supposed to help the citizens of america and give them some sort of transparency from ever being on the hook for another 4. 18151617181000. 00 trillion dollars for bailing out the banks well hes using the new york fed as using that as an excuse why they dont actua
Im max kaiser this is the kaiser report yes there is one number only one number we must get to that number is to the greatest number ever invented by humankind were going to get to that number is better than the living is better than mars living its the s. And p. 500 number stacy we continue to go up and down up and down theres a lot of hope a lot of euphoria and a lot of tension about the trade deal with china but before that were going to look at the underlying cause of the latest hyper inflationary move in the stock markets and thats been the fed the fed of course is essentially the cause of the entire rise in the stock market since 20072008 the financial crisis theyve been pouring trillions of dollars into their bodies on wall street and thats one of their buddies i was a really happy for me thats the opening bell out there so fed will not disclose which banks are receiving repo cash for at least 2 years this is our friends i gat the Gold Antitrust Action Committee out there in con
Bid 140 a share or over 5 billion scluting debt. The apollos offer was accepted. The later offer accepted by tech data as the better offer and buffett says he does not intend to make a higher offer a little bit about tech data, it is a global distributor of Technology Products and services it supplies Small Companies with Technology Software and hardware made by larger companies, larger technology companies, a middle man. This is evidence of what has been happening with Berkshire Hathaway as the cash ward has grown. Topped over 128 billion according to most recent s. E. C. Filings from the company this move is interesting pivot for buffett, he rarely goes up against private Equity Companies and doesnt like to get into bidding wars it shows how hes going further afield to try andlook to deplo his large stash of cash that he has on hand. Hes known as being a cheap guy. Somebody who looks at prices he doesnt like auctions. Doesnt like auctions, doesnt like to get into the fray what is int
Lawmakers also heard testimony from the head of the housing agency, this hearing is just under three and a half hours. Will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled, the end of Affordable Housing . A review of the Trump Administrations plans to change Housing Finance in america. Before i recognize myself, members, today is mr. Mchenrys birthday. [ applause ] if anyone wishes to sing happy birthday, please save it until later. Thank you. We all thank you for that, madame chair. Happy birthday. Thank you. I now recognize myself for four minutes to give an Opening Statement. Good morning, today were here to discuss the impact of the Trump Administrations Housing Finance reform plans. We are joined by treasury secretary steven ma shun, ben carson, and mark calabrio welcome. Let me say up front the Trump Administrations housing reform plan would be a disaster for our housing systems. The Trump Adminis
Test. Test. Test. Test. Jennifer wextomoments if y respond to the questions that you were not allowed to answer when they were asked. You had to be still while, they threw more insults your way, but if you would like to take time to respond now, you have that time. I appreciate that. You know, obviously, the reason i took this job is because i feel that our country is in trouble. And we need to do everything we can to provide the right kinds of opportunities. At hud, for instance, an organization that was largely focused on just getting people into programs, getting people under a roof, and thats not a bad thing, but i really want to maneuver us to a place where were getting people out of programs and to a level of selfsufficiency. We have really aimed at that. And the question that was asked about homelessness, this is a very serious problem and one that i think is solvable in our country. You know, with a place like tokyo, which has more people than new york city, can solve homelessn