Briefed lawmakers on a Pilot Shortage affecting all four of the services. This House Armed Services subcommittee hearing runs about an hour 1 2. And a half. Comes to order. I want to welcome everyone to the hear on the shortage of pilots in military services. Today well hear from the services on their progress towards increasing the retention of military pilots both officers and warrant officers. We know pilot demands are increasing in the commercial sector and the demand to hire qualified military pilot is this higher than the available pool of candidates. With the problem being particularly acute in the United States air force. With the deficit at one point of over 1,000 total pilots. We are here to hear from the Armed Services on their plan. We know we cannot buy our way out of the problem since the military does not compete with the potential salary and some cases of the lifestyle of commercial airlines. So we must make sure the services are using all the levers in their control. F
Test. Test. Test. Test. And weve talked im not going to put you on the spot, but the bottom line is there is a lawsuit that has an impact and not replacing something that has an impact on the training readiness and the policy, would that be correct, general peterson . It does, but were compensating with the extension of the legacy aircraft which was proven. Past years, sir. This i think Lieutenant General gross, one question that i have, the 35,000 bonus, it amazes me that anyone would question, after five years in service the officer or 11year person that is critical. When they go to the airline, five years later theyre probably at the airline making double what a u. S. Army major what a u. S. Air force major or a wo3 would be making at that point, would that be correct . The data we have right now is very quickly you will get to 160,000 a year so probably. I havent really done the math, but i think thats correct. Quite a bit and those folks thats not for the 20year guys. I know i mis
It could be effecting their health. The risks and rewards of investing your money in real estate through crowd funding websites. Good morning and welcome to Al Jazeera America, im stephanie sy, another winter storm is sweeping across the country this morning. This one is taking aim at the southwest and the northeast. There are winter advisories from texas to boston. Many states are also under power outage warnings. This storm is expected to produce thick ice in addition to snow over the next 24 hours and the southeast is hunkering down once more, four states, alabama, louisiana, mississippi and parts of georgia have already declared states of emergency. This after another rare winter storm just two weeks ago caught some of the Southern States off guardi guardian guard, we have more on the impact. They say it will not be repeated with clogged highways and children spending the night in their schools. We are certainly ahead of the game this time and that is important. We are trying to be
Time for the final trade. Mike . You know, i like boeing but between the market, the sequester and if the faa goes along with this fix, i think the puts look great. Tim . Eli lilly. Karen . I liked foot locker. I like it. Dan . Added to my nasdaq short today. Trying to get a little patient in a few days. By the way, the results are in, karen won the street fight, according to you that tweeted in. Im melissa lee. See you again at 5 00 for more fast. Meantime, mad money with jim cramer starts right now. You need to get in the game. Going out of business and hes nuts, theyre nuts they know nothing i always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, im just trying to save you a little money. My job is not just to entertain you but to educate and teach you on these tough days, call me at 1800743cnbc. Ask you a question. Remember joe dimaggio . That hall of f
From the flight 370 search area. Could the jet have crashed into the ocean thousands of miles away . Im wolf blitzer and youre in the situation room. This is cnn breaking news. Were following two major brecking news stories. Unprecedented punishment held down from the nba, to Donald Sterling, the Los Angeles Clippers owner. More on that in a moment. But first, theres another breaking story were following. Severe weather warnings right now covering 70 million americans and a threat of killer tornados. The risk right now is extreme in some of the very same areas that have been devastated only two days ago. Lets go straight to the meteorologist, Jennifer Grey tracking the storms in the cnn weather center. Tell our viewers, jennifer what they need to know right now. If you are in the south or North Carolina, you need to be on the lookout for today. We have that moderate risk of Severe Weather. However, wolf, most of the Tornado Warnings weve seen today have actually been around the raleigh