Flights today. Theyre still recovering from a power outage in atlanta that crashed their computer system. Thousands of passengers were stranded. Today the Power Company involved says it was deltas equipment not theirs that caused the outage. Delta says they will continue to offer refunds and vouchers to passengers who are affected. Former illinois governor Rod Blagojevich will be back in federal court this morning. Hes currently serving a 14 year sentance in a colorado prison for corruption charges including trying to sell president a llinois. Blagojevich has served four years already. He will be resentenced today because some of the original charges were thrown out after an appeal. Three girls died after drowning in a Swimming Pool in pueblo. Two of the girls were sisters. The third was their babysitter. The girls were swimming at a Mobile Home Park in pueblo yesterday. Police say the two sisters age 3 and 5 were with their 17yearold babysitter. Watching the girls and theyre still try
Bank rallied. Coming off record lows from the equity come this story has legs. This withill follow the former Philadelphia Fed president coming up in just moments. Later, the ceo of one of the largest u. S. Automakers, ford, will be joining us. A lot to look forward to. Jon, we are seeing a little bit rally. Of a relief that has been the story over the last couple days. Deutsche bank up on the session. Similar story on the ftse. The fx market, not much price action. The opec jawbone in overdrive. That story has legs. The commodity market is a little bit stronger. Brent up by 2. 4 . Almost streaking back to a 47 handle. Twoyear yields in germany, alltime low yield. Today, in a secondary market, worth 1. 5 basis points. Yesterday, negative, negative, negative, negative yields. Bonds are back in their box. Alix what happened to the yields backing up . That seems to have gone off the ledge. Lets check in with their bloomberg team. Guy johnson is in london having the latest on the Banking S
To provide the committee further assistance. Thank you very much. At after new chairman mccain, chairman graham, Ranking Member killer brand and members of the personnel subcommittee. It is a privilege to appear before you today at this initial hearing on Defense Health care reform and i hope my participation in todays hearing will be of assistance to you in the Defense Department as you seek to ensure the military Health System is strength in and is able to provide optimal support to those who wear the cloth of this nation, their families and those who are in the retirement benefit due to their careers service. I believe im a framework for reform is to begin with an assessment of what is working and not working. But the environmental conditions are like me to look like in the future, including the go to work capabilities and needs than what approach will likely ensure success in the future. For my nearly 20 years a Privilege Service at the site of dod and now va, this worm and up unti
Salami slicing. Very small increments advancing interests by building up islands, adding another weapons system, making small moves, none of which is egregious enough tow cause the United States to use massive hard power but would we slowly tip the balance in chinas favor. We dont have a strategy to counter that. Deterre our hard power capability, the weapons you have described, this is a deterrent to world war iii, not to intelligent gradualism. We need a better policy. From florida, independent line, cliff for our guest robert daly, good morning. Good morning. Good conversation. Me e you have alreadystng to taken s steam out of a comment that i was going to make, but i will i make it anyway so we can reiterate. Im not probably going to be as friendly and optimistic as the answer has been given. Ussian im referring to the russian situation when they were doing their thing with georgia, uzbekistan and we were passive and we o watched and they watch how we react or no reaction. I, for o
Nation, their families and those who earned a retirement benefit due to their career of service. I believe any framework for reform needs to begin with an assessment of whats working and not working, what the environmental conditions are likely to look like in the future including the go to work the capabilities and needs and what approach will likely insure success in the future. For my nearly 20 years of Privileged Service at the side of d. O. D. And now v. A. I believe there are four fundamental questions worthy of explosions. First, does dodd have the most effective efficient Management Structure and tools to deliver on the needs . And is the investment in the direct care system being optimized . Theres a great deal of experience inherent in the footprint and the personnel required to establish the foot print. Theres great efficiency to be gained when sizing a system, hen making make vs. Buy decisions and croort cooperating appropriately and leasing when the leasing is broached. I