[inaudible conversations] good afternoon, everyone. Welcome to this panel, disrupting isis online, the challenge of combating online radical, this is to the congressional internet pockets and hosted by the congressional internet caucus. We would like to thank the cochairs, Bob Goodlatte and senator john sthune for hosting us today. We talk about salient topics to the internet and policy, and likes to come out to events for the summer. We have several excellent panelists with us. From the center for democracy, roughshod hussein from the department of justice, countering violent extremism over there and Shamus Hughes on the program for extremism at George Washington university for cyber and homeland security. I am a fellow at the internet law and policy foundry, a fellow at the congressional internet caucus. Lets get started. Lets get a brief overview and jump into it and get into what is the real issue with extremists online, what role do platforms like facebook, and google play in this
Manhany mclean and bill ack from Pershing Square management. Give me a primer. Bethany they were formed by congress in the wake of the global crisis. The one thing that we might figure out to do with these two companies, what might make more sense. But instead, here he arson years later, the companies are still in conservatorship. Theyre supported by lines of credit from the government. We have done nothing. Even more frightening, the companies have gotten bigger. They have over 5 trillion of debt backed by home mortgages. And thanks to a decision by the government, they have no capital to back that up. In the wake of the capital, we need more of it, that will make the Financial System safer. In contrast, we have these two companies, which together are two of the biggest entities in the world, no capital. Run by jim johnson in the 1990s, the Washington Post was called the chairman of the universe. Was talk about the accounting scandal, that he might be the first black president of the
We start with the equity markets which is moving higher as the fed meets to decide whether or not to begin raising rates. Lets look at the numbers with the dow, the nasdaq and the s p. The nasdaq and the s p are now tracking for their second consecutive week of gains. Something that neither has done in nearly three months. But, ty, the real action here is in the oil market this hour with oil soaring. Wti crude up by 5. 3 . It could still be the biggest daily gain since august 31st when wti jumped nearly 9 . Brent crude, and weve been talking about the spread there narrowing, havent we, ty . But its up by 4 as well. Jack Jackie Deangelis is joining us from the nymex. Lots of people bringing lots of reasons to the table as to why we took off. You tell us what youre hearing. I have three main reasons that were moving higher, a spike like this today, 5. 5 . The first is that bullish eia report. A drawdown in inventories. Cushing down nearly 2 Million Barrels. Refinery runs are going up, an
The truth on behalf of the families for the four dead americans. I should not be a distraction from that, and thats part of the decision as well. Thank you very much. Theres been some rumors that a letter that was put out by no. Can you put to rest those right now . No. Come on. Who do you think [ inaudible ]. Huh . Who do you think i think the conference should be able to decide. Thank you all very much. Okay. That was Kevin Mccarthy listening right there just a few moments after he shocked a lot of people pulling out of the race for House Speaker. He said of the party, i think were going to be stronger. He admitted that the vote was going to be tough, said he didnt want to win with 220 votes, would rather win with a much larger majority and also commented on the comments he made regarding the Benghazi Committee saying that wasnt helpful to the overall process. Were sort of left in limbo as to where the vote for House Speaker goes from here. The stock market clearly didnt like the new
Now Strong Enough for a december rate hike . A lot of things happening today, but first of all, a very Big Development in the president ial race. Eamon javers joins us in d. C. With more details. Eamon . Mandy, thats right. A blockbuster report here in politico. Com this morning. Politico reporting that ben carsons campaign is admitting that a central piece of his biography was not, in fact, correct as reported by him in his own books. Theyre saying ultimately ben carson was not ever an applicant to west point. In his books ben carson wrote he applied to west point and was offered a full scholarship after meeting with general william westmoreland. Politico reporting that the Carson Campaign is now saying that, no, in fact, he was never offered a full scholarship to west point. In fact, west point is tuitionfree for those offered admission. Theres no such thing as a full scholarship in any case to west point. This follows on a number of controversies for ben carson and his campaign whic