You. Lauren you know what . There is a lot going on today, wall street, bottom line, connell is reacting to the reality march is prequel for april and the numbers will get worse. Lets start this morning, retail sales last month, they plummeted the most on record even though stores were actually open in the first half of the month. The National Retail federation expecting more than six million jobs lost. Look at some reaction. Jcpenney now exploring bankruptcy. Best buy furloughing 51,000 workers even as online sales and Curbside Pickup surge there. Amazon up 1 , hitting another record high. This is a sign of the times. Shoppers continue to get what they need from the comfort of their couches. Also wanted to show you guys oil prices. They hit an 18year low. People around the world stay home. Theyre not driving. Oil inventories rising by the most ever last week. Take a look at this. March Industrial Production fell the most since 1946. Measure of factory activity in the epicenter of coro
Your new book is called living in plain sight what really caused the financial crisis and why it could happen again. You were a member of the Financial Crisis Inquiry Commission investigating the causes of the 2007 in 2008 financial crisis. You said that only democrats on the committee but the republican appointees what did you see they didnt . Looking at the housing system in the United States with dodd frank and fannie mae and freddie mac for quite a while before i got on the commission so i had a lot of background of what was happening in the housing sector. I was looking for the commission to look into what happened with fannie mae and freddie mac and the role they played in the housing crisis and ultimately the financial crisis and i found the commission was not interested in they would not look at it. s. Host that i was outside i thought, the partisan differences between the republicans and democrats and and am afraid that the republicans felt that they just would not agree with
You can also send us a text this morning, 202 7488003. If you do, please include your name and where you are from, and otherwise catch up with us on social media. That is facebook. Com cspan and cspanwj. A very good saturday morning to you. You can start calling in now if you are an essential worker in this country. As you are calling in, we show you this map from abc news of the 46 states and washington, d. C. That have enacted policies to close nonessential businesses in an effort to slow the spread of coronavirus. The exact number of essential by. Oyees, hard to come there is an estimate from the Brookings Institution that relied on department of Homeland Security designations of essential. Atut 7 million employees Grocery Stores, pharmacies, and bigbox stores. When it comes to the state of california, the Public Policy institute of california estimates that in a typical year, roughly one third to one half of californias labor force is employed in essential operations. The standard
And their community. We are very honored to do the work with we do. People what the administration for Community Living does. Guest we have about three dozen different programs. We have a research institute. We offer a number of Community Support services that offer ways adults and people with disabilities can remain healthy in their communities. We provide things like meals, transportation, legal services, independent living assistance, transitions out of facilities, really a wide range of things. Our website is easy to navigate for those who are interested in a deep dive. It is acl. Gov. Those things do and an age of social distancing . As one wouldand expect a lot of our services have been impacted, but we are still doing some remarkable work around some of the core programming. A good example is meals. It is important that older adults and disabled people have an opportunity to have a balanced meal. We continue to deliver those meals. During the course of a normal day, we would ser
Governor grisham we are working on a system that respects the instructions to stay at home. Its very clear about social distancing but we want to provide direct updates and today is an opportunity to do things a little bit differently. It will take a little longer. I really believe that the benefits of this kind of conversation with everyone in new mexico who has the opportunity to do now or later will be incredibly beneficial because in fact, we are all in this together. We will do a format that starts about where we are so you will get a case update from me. I want to talk about what we have done, kind of an accomplishment so you get a sense that things are happening all the time. And are still doing what to expect, what is the next several weeks or months and what to they look like and how do we know that . And then we are going to talk about any of the questions, we will have a dialogue and move got folks who provided questions in advance. I think there is an opportunity to ask que