Concern. This as the s p gets closer to a critical support point and investors are desperately seeking answers. We have four days to fund the government. I will ask senator bill cassidy can republicans overcome their own infighting . There is a heavy malaise hanging over the nation. We all fee it. The question how do we fix it. Rebecca walser joins knee in a specs takeaway. All that and more on making money. Charles usually when people say, hey, how did the market today, charlie, how did the market do, we assume theyre talking about the stock market, right . I got to tell you these days everything is running off of the bond market. The canary in the coal mine, we always used to call it that, that is a truth teller, that is always its historic role of the economy and nature of risk. You look at the bond market all of sudden it has become irrational at least for those on the wrong side of the trade, right . That has everyone on edge including all the different markets. Case in point, our
Flatten. The currency move of the day is what is happening with the turkish lira. A huge move today. We will discuss that later on in the show. Because theres a war going on between the president and the central bank. The last 24 hours hasnt brought much certainty and who will govern germany. Chancellor merkels largest partners expressed no interest in coming together and she said she would rather have new elections they go forward without a majority. Matt miller has been covering each development and we welcome him from berlin. Bring us up to speed. What is going on . Matt you summed it up quite well. The key is she doesnt want to go forward without a majority. The form still prefer a Majority Coalition with either the ftp and the greens or with the std her Current Coalition partner. That seems so unlikely, the ftp having to walk out of Coalition Talks. The stp saying it is no way interested in prefers to stay in opposition. Now the president whom you see here is going to try and forc
Developments and the likely tax package everyone put the proverbial john hancock on this except the man who counts the most, the president of the United States. The companies are putting the money to work before its in their hot little hands, you heard a lot about that. So is connell mcshane, doing reporting on this and from the folks at wells fargo, planning big things. Reporter thats one of the Companies Making a big move. The bill hasnt been signed into law yet and have a number of Companies Looking to share the wealth. A small sample up on the screen, there have been more that announced but you talk about at t, boeing, comcast, southwest and were outside of wells fargo location here in new york. Theyve all made some sort of announcement what they hope do with the savings that they will have. Theyre not all equal, want to talk about the banks, if you looked at industry, especially the banks that have big operations domestically, wells fargo is an example of that. They pay a relative
It is such an incredibly important subject and one these folks have mined for many many years. The history project on the First Federal congress is one of the most remarkable institutions and outputs i have ever seen. Among other things, its complete, doesnt happen that often. The Founding Fathers papers pirbed when were all dead. The fact this group of people so marvelously put together 22 volumes and tell the story of the founding of the country in a way that is incredibly important, and one i recommend to all. Because the guys got together and wrote the constitution really quickly given the fact as bill clinton says, it should be called lets make a deal. We werent there, the press, and made its easier and they have this piece of paper and they sell it and sold it quite virrously with different people contradicting each other. I reread quickly the executive sessions, sections of the federalist papers and the difference between the way madison and hamilton saw that is quite stark. Her
Present a plan for improving the Nations Health care system. Kasich,from ohios john and bill walker of alaska. We cannot afford to lose sight of health care. We spend rough justice 50 more than any other developed countries on health care. By almost any measure, we are less healthy. Allthree of us get asked the time how did we get to this point . How did we get to this point in the world . The key is not to fix blame for the past, but to accept responsibility for the future. Abipartisan approach to subject and policy issue is complex and difficult. It is the only real solution that will bear fruit. In colorado is close to 94 of our population has coverage. Last couple of years our medicaid costs have in flat. Were reducing emergency room visits, finding ways to control costs, but improve quality every year. Its not perfect, we understand costs are still too high. If you look at any of our states, we are still not where we need to be. There is a colorado 60 euro man that we know year ol