European markets are well underway and as he has pointed out a number of times they have been of late for our own markets and there they are up across the board. Not bad actually. No, our futures being down is a function of idiocy. Idiocy how about the ten year note yield were right around 210. Yesterday. And also we know if you buy the banks you get some leadership rally and oil goes to 42 they still have no place to put it which is incredible given the fact that at one point we would be in a state of emergency but instead were in a state of glut youre going to pushing and theres not enough people in the refineries they get far earlier than people think. At the same time oil has to come down because its in storage and those that want to ship that oil will get it to the market somehow. The president said to speak on taxes later today. Expected to call the u. S. Economy quote rigged or at least the tax system plus its official warren buffet now the largest shareholder in bank of america
Inadequate on almost every level. Senator mark warner blasts twitter for presentation as big tech faces mounting political pressure. More details as the battle lines on the details of the plan are drawn. The president will speak about taxes live later on this morning. Markets continueto make history. The s p posted record close on thursday heading into the final session. The dow and s p on track for eighth consecutive positive quarter. Nasdaq going for five straight. It is edging out with a gain in q 3. Jim, we made it through almost september. Whats extraordinary, i have been going through the charts because i love the charts. Things were bouncing around fairly positively. Then we got to the month of september. We have had moves on a lot of stocks. They came in in august. Its a truck parts company. There were so many doubles of industrial companies, smaller cap companies, Tech Companies, drug companies. When you see these moves you keep thinking this has got to be the greatest bull ma
Of water this morning at a time from agricultural retention ponds just north of calistogas east side. Its been a day long rotation of chopper after chopper taking their huge bags of water from here to the west side of the napa river where mount st. Helena rises above the valley. They were precision dumping their loads on a smoke over on a smoky fire thats rapidly climbing the mountain. At the top of the mountain, a large group of contract and inmate hand crews were taking positions near the summit. They come from cal fire. The u. S. Forest service and the National Park service. Theres one reason and one reason only to have this much fire power here at the top of st. Helena to keep it from getting over the top and should it get over the top, they can run right down the mountain into middletown. Between the mountaintop crews and the water drop spot well below, we then happened upon inmate crews from a san diego correctional facility. We are in a strike Team Configuration with the leader
Existing laws and regulations that may have become obsolete or need updating to reflect technological advances. Weve held hearings on health i. T. Technologies, drones, autonomous vehicles, Internet Things and many other issues. Today we turn our attention to law and regulations regarding political advertisements. In addition, the fcc enforces additional clDisclosure Requirements. Some have proposed increased disclaimer and or disclosures for ads placed on internet platforms and have proposed a role for the ftc. The interplay between these three agencies and how they each apply the law is something the Oversight Committee is uniquely situated to examine. I hope we dig into that today. In many ways the hearing is another example of our efforts to examine emerging technology. Theres a level of urgency that cannot be understated. Since the sun rose on our experiment our enemies have wanted to undermine our democracy. As weve seen in recent weeks, russia has attempted to influence our demo
Commission oversees the campaignfinance law and enforcement of disclaimer requirements for the public communication and the candidates and campaign authorities or Political Action committees and federal offices. In addition, the fcc enforces additional to closure and requirements on broadcast cable satellite and radio ads. Some have proposed increase disclaimer malls are those on internet platforms and have proposed a role for the ftc. At the interface between these three regulatory agencies and how they each apply to the wall is something to the Oversight Committee is situated to examine, and i hope that we dig into that today. In many ways this is an example of the continued efforts to examine the technology is the level of urgency and importance to the hearing that cannot be understated. Since the democratic experiment, the adversaries have sought to destroy what our forefathers fought for to use the nations unique undermining of the robust resilience but now the tools have changed.