Good morning and welcome to the National Press club, the place where news happens. I am the president of the National Press club and the managing editor. This morning, we have a special headline event featuring diane foley, the minor a mother of journalist james foley was murdered by isis and 2013. We will have a panel of experts discussing how to address important issues. As we all know, unfortunately, this is in dire need now as journalists remain in harms way around the world. The National Press club is actively working with the wall street journal release the reporter who is being unjustly detained in a russian prison. They continue to advocate for the release of the captive there for more than 11 years. We have a usually active press team here works tirelessly to promote the freedom of the press here and abroad. Today, we are also aware that over 11 journalists and counting have already been killed or lost as casualties and the israelhamas war over the past nine days. We are mourn
Good morning and welcome to the National Press club, the place where news happens. I am the president of the National Press club and the managing editor. This morning, we have a special headline event featuring diane foley, the minor a mother of journalist james foley was murdered by isis and 2013. We will have a panel of experts discussing how to address important issues. As we all know, unfortunately, this is in dire need now as journalists remain in harms way around the world. The National Press club is actively working with the wall street journal release the reporter who is being unjustly detained in a russian prison. They continue to advocate for the release of the captive there for more than 11 years. We have a usually active press team here works tirelessly to promote the freedom of the press here and abroad. Today, we are also aware that over 11 journalists and counting have already been killed or lost as casualties and the israelhamas war over the past nine days. We are mourn
Decision and more importantly not the decision, but what the fed says. Steve . Hey, tyler, good afternoon. The vote has already taken. The decision has been made. All this probably left is a little last minute mimeographing of the statement to see whether or not the fed will face some new facts and it does face a new set of facts when it comes to the economy and markets. Here is a look at some of the things that changed since the last meeting. And with the question of how much they actually address in the statement. Stocks obviously have sank. Volatility has surged. Oil has plunged. The inflation outlook has got to be lower now. The Economic Data has weakened. For the Fourth Quarter, between 0 and 1 growth. The dollar strengthened. Jobs number, a bit softer after that blowout number we got for december. The claims numbers have come off. The question becomes, guys like jeff gunlack come forward with but the fed survey, step forward and say the fed should see all this as transtory, not w
National debt . It is we the people so the National Debt is our debt. What percentage or our personallyprivately owned debt different than the percentage of National Debt. Host take us through the definitions here. Guest the National Debt refers to when referring to the governments budget. There are Consumer Debt measures out there and the Federal Reserve bank keeps track of that. You spend things on your credit card and they show up in Consumer Spending but another set of statistics address that issue and measure that. The financing is different than the spending which is what we measure. Host we have been talking about reports from the bea, how are businesses going to use the reports in the coming weeks, months and years . Guest i dont know if they will use the data to make realtime decisions. In some ways it is just informative to tell us how we got to where we are today. There is a two year lag for the most part. Business tends to be operating in a realtime bases. There is a lot fo
But nevertheless theres huge opportunities there. I will be another example where engagement by the United States and the region has been a spectacular success. And that is colombia, i dont know what they call in english actually, company plan i guess. [laughter] i think thats a. [laughter] sometimes my mind switches and i apologize. This was the plan to deal with the dramatic social turmoil in columbia with the drug cartel and the violence was significant and the Previous Administration they made a significant effort to provide Technical Support military support economic support, the president made a real commitment to open up the economy to allow people to liberate the economy so that it would be more Economic Opportunity. And it was a huge victory. We should apply that same type of approach right now. The president has not proposed a. I havent seen the details of it, for the northern tribal states and Central America which have a very similar situation perhaps even more grave. And t