Making money. Charles so another session, started off slow. But finding the footing. Remember yesterdays rally coming on what i think was the biggest uncovered news of the year. Federal reserve perhaps using new tools, including negative Interest Rates to pour unimaginable amounts of money into the economy. Meanwhile we might see biggest private equity deal in history that is the scuttle but today, folks. There are sparks around boeing as with Warren Buffett circling with his 120 billiondollar cash hoard. We belpointe chief market strategist, david nelson, from federated investors phil orlando. Let me start with the fed, okay. This is, they have a trillion dollar printing machine or 4 trilliondollar printing machine. I didnt really see a lot on this yesterday. When i went home last fight, i read Bernie Ben Bernanke commenr the weekend. Negative rates what is wrong with them, make qe part of the tool box, a accommodative fed pouring tons of money into the economy as far as the eye can s
Pretend that people have somehow betrayed the population actually the 650 members of parliament in the house of commons each one of whom is trying their best to do the best for their own constituents of course they dont look great you know thats the beauty of democracy they have to agree but i think its really wrong to say that were deliberately trying to frustrate the will of the people with in excess actually some of the people that you will meet in the house of commons in the most brilliant intelligent caring hard working individuals and to try and portray all of us told us all with one brush is just very wrong but i also think them came you mention the media earlier and then me a lot of these cues are being taken from the extreme language should be news but i think to lead when you splash the word trade across the front page of a leading newspaper well of course and of course people are going to have got that number to begin opening that the book. And you know that the 2 tweets tha
so great to have you all here. as you know we are an independent bookstore and wine bar and events like this are our favorite thing to do so we re excited you could all comeout . if you are not here for the event the aware thatit s going on . tonight we have the honor of having cesar fernandez who has written migrating to prison, america s obsession with locking up immigrants. he is a professor of law at the university of denver and an immigration lawyer who runs immigration.com and speaks on immigration law and policy issues, he hasappeared in the new york times, wall street journal, npr, guardian and other venues . please give a big welcome to cesar. [applause] good evening. great to be here with all of you. it s really nice when i find out that i m not the only one who thinks that spending a saturday night in a bookstore is the best option available. especially here. i actually wrote a decent chunk of migrating in prison over at the bar just behind some of you so i recom
The record will show that on october 27th, 1947, a subcommittee of the house on American Activities Committee met with the chairman, dishonorable Parnell Thomas presiding. The house on American Activities Committee is in session. Let yourself go. You, sir, are not even subpoenaed to testify here. Yeah, im going to speak anyway. Very well, mr. Dreyfuss. My name is Richard Dreyfuss. And im a child of the blacklist. I was not my parents were not in show business but they were the victims of the blacklist nonetheless. I lived on 218 street in bay side, queens and every house on that block was lived in by a communist or a socialist. And if you have not fought hitler twice and not gone to the Abraham Lincoln brigade, you better have a dam good reason. When i was a young boy i turned to my mom and i said im the luckiest kid in the world and she said why . I said because im white, jewish and american. And she said its time you came into the meetings. And when i was about 10, i turned to a frie
The statement the following. I quote. The committee currently expects to implementing Balance Sheet Normalization Program earlier this year, provided that the economy evolves broadly than anticipated. In a separate press release, trish, they outline how all of this will work. Fed will begin to unwind the Balance Sheet by allowing 6 billion to roll off monthly initially, 6 billion at threemonth intervals over 12 months until it reaches 30 billion per month. Separately as relates to mortgagebacked securities, 4 billion a month initially. Will increase to 4 billion over threemonth intervals to 12 months until it reaches 20 billion per month. As far as relates to long term projackses here, the fc projects here, three rate hikes this year. They dropped their projection from march earlier this year, from 1. 9 to 1. 6 . They raised gdp slightly. Longer term relates to unemployment 2018 and 2019 they dropped it down to 4. 2 from 4. 5 . Rate hike of a quarter of a point. Neel kashkari the lone