Few moments. The dnc kicks off amid country controversy over leaked emails. The ceo will join us in the next hour first up verizon announcing the deal to acquire yahoo s core business for 4. 8 billion in cash. Verizon plans to combine the internet asset with aol. The Real Estate Holdings in that action. Marissa mayer will join us in a few moments once that Conference Call ends. Wow. This day has been a long time coming, jim. Yeah. And i think that the i remember speaking to Lowell Mcadam many months ago when he said this could happen and a clear vision if you gave it to Tim Armstrong they could make something of it. Im excited. Maybe it will be back like the old days in 98 and 99 when yahoo was the leader or not you mentioned mcadam in february, a reminder of what lowell told jim on mad money. Take a listen. We said we would look at it. I think their board has been very responsible how theyre doing this, very deliberately, very logically and we have to understand the trends that were s
First of all i think the inversion critique is an odd one. I hate it. Its terrible. Its just a terrible precedent. Its really awful. Its going to do all these distortions and then its not going to do anything. I dont think its going to do as much as i like it to do, as much as, say, lebanon or schumer or some proposed legislation which is right with you tax partly. Or i should say the optimal way. The absence of a functional political system of congress can get around those obstructionists and work together, i think administration has a very important responsibility to try to protect the tax base and will be negligent if they decide not to. Which brings me to another disagreement, territoriality is somehow the long way to go. I would point out to listeners of this discussion, a very Important Initiative thats being undertaken by countries called beps, continually trying to adjust to avoid the very kinds of these erosions, base Erosion Profit shifting. This country to country to how an
Voting booth is the way republicans are talking about it. They are talking about the failure of the leadership and a list of examples. They are not railing on ukraine, but saying there is a narrative they are trying to build about them being a failure and they can use this as a check mark. Can i offer a slightly contrarian view . One of the surprising things about the ukraine and russia situation is the extend to which they have not headed for the exits. Putin very cleverly created a golden opportunity for them to do that. The nato meeting was happening and he creates a ceasefire. The terms of which he dictates himself. He claims she not involved in the conflict. Nevertheless he said heres a ceasefire that works this way and this way. Just as everyone is gathering. They dont do what i expected him to do is say a ceasefire. Lets back off. They went the next step. Maybe its not enough and as much as it should have been, but we have very little economic skin in the game. But they did. I t
Mandarin. The one place where that is not an issue is the senate. It might show up. Even in the energy in colorado is in the 7, 8, 9 contested senate races down to the wire. We will see them raise the spector of National Security and or Civil Liberties in the last couple of weeks before the election. Before we throw it open to questions, we have the small matter of iran. What happens then . Up to and including the lame duck is anybodys guess. Lets say we have a deal. There will be a push by the administration most likely to reduce the sanctions we have on them over the Nuclear Program and other nepharious activities. That will be pushed into next year. You might see an immediate lame duck push. The president promised no deal. We are going sanction them. Thats what he said. What the president wants next year in the event that there is a deal gets harder. Nobody wants to be seen as the people who used up. Thats not a popular position. It is much less popular with republicans. Some of the
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