2. 64. Our road map begins with with the fax shutting down for the first time in 17 years. 800 federal workers furloughed. Merck cutting an additional 8,500 jobs, aiming to reduce annual operating costs by 2. 5 billion. All of that. Plus more and mad moneys big milestone tonight. First, the federal government has begun a Government Shutdown. 800,000 federal workers will be furloughed today with national parks, smithsonian, museums, most federal offices closing. We mentioned what gold is doing. Why how is the market trying to arbitrage this, jim . I think this is one of the crux of things. Europe is getting stronger, japan had some good things. Futures percolate, this morning they were up 8 and now theyve been cut in half. As theyve been cut in half people say this is a great opportunity again, ill sell again and buy lower. And up opening in the face, this, theres a lot of people who think is going to be resolved by friday. I was with my friend who say do not believe this is going to be
Know. People here really do like to read about where they live and their history. There is a real connection among people who grew up here, especially the ones who are several generations on. The relationship to the land, you know. Its great to be with you this afternoon. I hope you are doing well. Guest thank you, debbie. I hope you are, too triet host ibm. I enjoyed reading the book in the last week. Do and a member of the people in the book you wrote about but i wonder why did you write this book now . Guest well, its clearly something i couldnt have written while i was still actively employed by General Motors because some people either within General Motors or other Companies Might have taken offense but it was a book i always wanted to write because i have worked for a number of very interesting personalities and i felt people with a great deal of ability on one side but some very serious flaws on the other and the public if rarely ever gets an inside look at the overall behavior
I have clearly known you a long time. I wonder why did you write this book now . Guest well it is clearly something i couldnt have written while i was actively employed by General Motors because some people either within General Motors or within other Countries Companies might have been upset that it was always a book i wanted to write because i have worked for a number of very interesting personalities and i felt people with a great deal of ability on one side but some very serious flaws on the other and the broad public rarely if ever gets an inside look at the overall behavior of some of these famous executives that they have read about. Host so what is your definition of leadership especially in this . What do you look for in a good dealer . Guest you definitely, the most important prerequisite is an absolute sense of integrity because if that is unfair than Everything Else is built on a house of cards. But you also look for a healthy degree of selfconfidence. There has to be some
,epublicans www. Cspan. Org 202 7370002 republicans , independents 202 6280205. The hill newspaper this morning reports that shutdown are no shutdown lawmakers will get paid. The constitution requires all members of congress be paid. It is merely a question of timing. Shutdown pay for house members can be withheld temporarily. And in political this morning, president obama canceled his asian trip to fight the Government Shutdown. He was scheduled to leave washington this weekend to go to ali and brunei. Kerryary of state john will take the president s place. Back to the hill newspaper. This is an article, a long article that was in political this morning. Bad blood for feuding leaders. Senate majority leader harry fellowivately told Democratic Senators this week what he really thought of Speaker John Boehner. A little bit from the politico article this morning. As we announced prior to coming up on the washington journal,. Joining us for a few minutes is robert costa, the washington ed
The change that has gone on in the American Economy is such and the growth of the American Healthcare system is such that in communities run the country, hospitals are the major employer or certainly one of the major employers. Cedarssinai is the sixth largest private employer in los angeles county, just as an example. At the same time, all of us have to recognize that as organizations, we are going to have to be more efficient. We are going to have to figure out how to deliver care in ways we have not thought of until now. Technologies are that are coming along, whether that technology is in the form of new discoveries around Molecular Medicine and other things that allow total cost of care. We have to work on the issue of total cost of care, not just the unit cost. We have to work on both, keeping in mind what is the total cost of care. Over time, using the International Comparison that john mentioned earlier, if you look at what are the reasons for that, i think your observation is