In some cases they have gone down. And dont forget about energy prizes. Api reported u. S. Oil stock piles surged by 13 Million Barrels this past week. Well be getting official data on inventories from the energy administration. The dow was down close to 300 points. This morning youre seeing a very modest rebound. Dow futures up by about 14 points, s p by 7 and nasdaq by 46. Lets get you through a flood of stocks to watch this morning. Lets start with apple posting the largest profit in corporate history ever to the tune of 18 billion. The results blowing away even the most bullish estimates though i did see some worries. What do you think the dependence on the iphone. Too dependent on the iphone. I think id take the other side of that trade. You can depend on something not selling nearly as well. I would put all my efforts on something that barely sells instead of something that sells so much. Im glad its apple earning 18 billion because when exxon earned 10 billion people didnt like
Elections. President obama seems to have missed the november elections entirely. Republicans know we have an obligation to the American People to deliver effective efficient and accountable governing. We have an opportunity stated obligation to put americans first. Last night president obama showed he wants to put washington first. Republicans are not willing to help this president continue down the same wrong road that the American People have rejected. Lets be honest this past election was a rejection election rejecting the policies of this president and this administration. We are charting a new course in a better direction and where are you making progress. Senators the senate is working like it has worked in your favorite debating the Keystone Pipeline in the jobs bill and allowing senators to offer amendments. We are going to pass this bill. We are going to send it to the president s desk and we are going to turn to more more jobs fills an important issue that the American People
Representative lucille roybalallard from california, representative Nydia Velazquez of new york, representative barbara lee from california. Representative Andrew Carlson from carson from indiana. Representative Cedric Richmond from louisiana. Representative maccartwright of pennsylvania. Representative Hakeem Jeffries from new york. Representative Michelle Lujan grisham from new mexico. Representative greg demention and representative doyle also from pennsylvania. Let me close and yield to any questions you may have or any comment the member mace want to make. And say this, i have now seen the movie selma twice and i plan to see it again in this building next tuesday evening. The second time i watched it was last week and i watched it sitting with my justturned18yearold granddaughter. I didnt say anything to her about the movie i just told her that i was sponsoring the movie for members of my staff and others in the community. We rented out a theater of 120 seats, within two hours we
Political points might not be as critical as it has been. As the political Balance Sheet begins to shift may be ever so gradually in favor of other things than scoring political points, it might even go in the direction of showing that you can govern or get things done. In effect, in this formulation compromise and consensus building can become on some issues political benefits for the Majority Party and maybe for more than that. I will stop right there. I just want to say that i thank you again for the opportunity to the bpc and the political scientists in the Washington Area to talk about the print. We appreciate the publicity that it is getting at events like this. John great. We are going to stay here in our chairs. I will turn to sarah binder. They have comments about the print. Colleen and john noted that it has 29 essays. They are going to go through them one by 1 no. [laughter] they are not going to go through them. They will pick topics of interest. We have it well set up to h
Own question. There is pressure on the side of the hill. You can suggest that members see the causal link going in the other direction, the reason i get elected is because i have a war chest. And that is one way to combat it. It is the sign of the times when the word primaries becomes ever. I might get primary did. Pimrimaried. Before they are freshmen, they sign a leadership pact. Why . Because members are getting dubbed a certain amount depending on their role on the committees and so on. This is increasing pressures for raising more and more money. One more implication of the nationalization of Congressional Election that john referred to is that it is harder for members and income when they vote for members in the apposite party. When you look at it over time, it is a fairly unremarked upon trend. What grew substantially into the 50s and 60s is basically down to what it was before the increase. There is still a small income and see advantage but it is much smaller they are in it us