And if you are an independent, 202 7488002. We are also on social media. Send us a text message at 202 at cspan wj,eet and we are on facebook. First, it an investigation into the deadly shooting in pensacola. The headline has brought details from the Washington Post, fbi officials broadening their probe amid reports that several of the gunmens saudi compatriots took video footage is the attack was underway. Meanwhile, the names of the victims have been released. Family member of watson,of joshua caleb the officer on watch at the time, his family says that he saved countless lives today with. Is own and died a hero we are beyond proud but there is a hole in our hearts that can never be filled. This from the wall street journal, the testing continues in north korea. They are reporting that pyongyang continues to spread expressing displeasure over the stalled Nuclear Talks with washington. The House Judiciary Committee issued its report over the weekend. Him it is just over 50 pages with
Good sunday morning. Thank you for being with us. Guest thanks for having me. Host how does the president s Reelection Campaign will with impeachment . We would rather not deal with it at all. If democrats are going to take the country down this path, we will deal with it. We have seen a massive influx of volunteers, donors, people reaching out to the campaign for the first time. The House Judiciary Committee releasing its report. The democrats are saying we have invited the president to come and take part in this hearing. They claim it is unfair. How can they claim that when they are not participating in the house hearings . Guest from the beginning, republicans were not allowed to call witnesses without chairmanships approval. This has been cooked from the beginning. Nancy pelosi announced this inquiry before the transcript cannot, before the whistleblower complaint came out. They jumped this shark without all the facts. They have shown no interest in getting the facts from the begin
Been Holding Interest rates at abnormally low rates right this is nuts it only encourages it increases this behavior absolutely this is kind of what drove everybody to borrow more because debt is cheap why not take on more debt and thats actual thats must been happening corporates have now been issuing junk bonds at record levels record levels and they are deeply Indebted Companies that d are actually using debt to pay off equities so theyre kind of just like borrowing money just to prop of your own share values and thats been working because youve seen the Massive Equity rise and as you pointed out well all time highs right now we only have like 15 seconds when i ask you about this real quick Federal Reserve just injected another 104 1000000000. 00 into markets overnight again on thursday and ran over night into friday the Federal Reserve is just a huge part of this right continuing to dump cheap money at lowest Interest Rates and its not good for the economy unless were not only that
Private debt its even more concerning even though Government Debt thats the most attention private nonfinancial day in the u. S. Is at 27 trillion versus public debt is at 19 trillion and the reason why private debt is so much more dangerous is because its more problematic is because public debt has more impact on the economic and the economic landscape shirt right now if you look at the past the roaring twentys the japanese boom of the eightys and most recently the u. S. In the early 2000 what did all 3 of those have in common its a huge levels of private debt low relatively low public debt but huge huge unsustainable levels of private debt that kind of just funded the incredible binge and rise you know theres also been a study in the not just of this borrowing taking place right because its really borrowing money that doesnt exist but as part of the Central Banks have been Holding Interest rates at abnormally low rates right this is nuts it only encourages it increases this behavior
Been Holding Interest rates at abnormally low rates right this is nuts it only encourages it increases this behavior absolutely this is kind of what drove everybody to borrow more because debt is cheap why not take on more debt and thats actually thats whats been happening corporates have now been issuing junk bonds at record levels record levels and they are deeply Indebted Companies that d are actually using debt to pay off equities so theyre kind of just like borrowing money just to prop of your own share values and thats been working because youve seen the Massive Equity rise and as you pointed out well all time highs right now we only have like 15 seconds when i ask you about this real quick Federal Reserve just injected another 104000000000 dollars into markets overnight again on thursday and ran over night into friday the Federal Reserve is just a huge part of this right continuing to dump cheap money at lowest Interest Rates and its not good for the economy unless were not only