A little background on that. We need industrial mobilization to make adequate ventilators particularly in the very short run to help the people in new york detroit new orleans chicago Denver Seattle all around this country as this virus bears down the ventilators really are the most important thing for patients who become most seriously ill theyre literally the lifeline for people and ive personally been working with thema and ive been working with h. H. S. And over 10 Ventilator Companies making sure we can get what we need as quickly as possible and virtually every one of those companies has been cooperative patriotic moving in trump time which is to say as soon as possible sir but we did have a problem with g. M. And then tack on the one hand we had ford and g. M. Moving forward on a similar kind of project patriotically moving as fast as possible over the last several days we ran into road blocks with g. M. We cannot afford to lose a single day particularly over the next 30 to 60 d
Administration is taking action to make sure we have the resources to fight the global pandemic. It has been a brutal pandemic for over 150 countries all over the world. Weve had Great Success over the , themonth and as you know millions of pieces of equipment have been delivered successfully and we have made it available to the states and the governors have been very gracious. I have to tell you the governors have been great. The governor of new jersey has grateful. I think they have appreciated what the federal government has done. You look at the hospitals being built all over the country, it is really incredible. Afternoon, i invoke the defense production act to prioritize federal contracts for Business Leaders. The insulators are a big deal and we delivered thousands of them and often times you dont turning out we are that we have to produce large numbers and we will be doing a lot more. Demonstrate that we will not hesitate to use the authority of the federal government to combat
They said several would be limited because of uncertainty the risk of a hard brexit had receded. Overall they said the risk of recession had fallen but they added uncertainties remain, including those posed by the coronavirus. They said, quote, the threat of the coronavirus in addition to its human toll had emerged as a new risk to the Global Growth outlook that warranted close watching you heard other fed officials talk about this since that meeting. Now, also importantly, several fed officials saw elevated levels of equities, corporate debt and commercial real estate valuations they noted the high levels of corporate debt and weak underwriting and worried about Bank Dividend payments, reducing capital by the banks, it was noted that levels are high and they debated whether low Interest Rates created financial risks. New debate we see some of it on maybe more in the open now. Many Committee Members said they should not rule out the potential ty of adjusting the stance of Monetary Poli
Welcome to the 238 members and welcome to the teamsters. It is great to have you here. [applause] teamsters local 238 negotiates 270 contracts across the state of iowa, both the Public Sector and private sector. It is safe to say there is not a single aspect of the iowa handsy that teamsters do not touch. We are everywhere. As the first caucus in the nation, teamsters have also been everywhere dogging these candidates. We have been following them around for months asking them questions and educating them about our issues, as well as our brothers and sisters in north carolina, south carolina, new hampshire, nevada. We have done a great job of coordinating our messaging to candidates across the country. Some members from those states are here and we would like to welcome you and thank you for traveling across the country to be in iowa today. Today we bring you the candidates. And we bring you the candidates with the help of the storm lake times added the guardian, our sponsors today. We
Iowa. The first candidate to speak his former Vice President biden. Ok, i want to introduce our first candidate who will tell us why we should elect him, former senator from the great state of delaware, former Vice President joe biden. [applause] [cheers and applause] mr. Biden ok. Welcome. Mr. Biden thank you. It is good to be home. Vice president biden, we are in a room full of teamsters and i want you to tell all of them here and all of them watching, why they should vote for you. But no malarkey. [laughter] mr. Biden no malarkey. I tell you why. First i should thank you. The only reason i am sitting here is that in 1972, i was losing in the polls the sunday before the election, the newspaper went on strike. You guys had put on a gigantic insert in the sunday paper to go out on the republican party. You guys would not cross a picket line. And i won by 3100 votes. [applause] if you think i dont like secondary pickets, youre wrong. The reason is, i am, as my grandfather would say, lab