Good afternoon, everyone. Thank you all for coming. My name is david murphy. I am the founder and ceo of techfire. We have done over 30 events over the years, and this is the one im most excited about. I think it is tremendous to have such an incredible lineup of speakers joining us from washington, d. C. To everywhere in between. We are so honored to have all of you. We have people who up flown in to attend. Were at the moment now, this moment is equivalent to the horse and buggy and automobile. This is a true revolution and it is going to be coming sooner than any of us realize. Things are going to be changing for the better in ways that affect us and in ways we have not even started to think about. We wanted to bring people together to not only think about the benefits of self driving cars, but also the implications of how we need to think about redoing the urban landscape. Rethinking about the Economic Needs of workers who will be displaced and all of the benefits and problems that
Launs chief economic advisor, Mohamed Elerian told Us Technology is disrupting opecs plans to raise rices. Eddie. T the qatari there was a deadline. Now the deadline has come and gone, and they havent really made a call about are they going to lift the sanctions, accept qatars letter in response to them, or are they going to add to sanctions . They did say they reserve the right to add to sanctions going forward, but it is really unclear about what next. It just seems to be we are going to stick with the sanctions, we are going to keep going the way we are going until qatar gives in. And there is talk that they will be meeting in bahrain. Do we know when they are going to meet . We dont. They just said the next meeting will be in bahrain. We dont know when that is or what will trigger a meeting, if they are waiting for another response from qatar, if there is more mediation going on. We dont really know. What they did say is they did call on the International Community to step in to ma
Mohamed elerian told Us Technology is disrupting opecs plans to raise prices. But first, the qatari isolation. There was a deadline. Now the deadline has come and gone, and they havent really made a call about are they going to lift the sanctions, accept qatars letter in response to them, or are they going to add to sanctions . They did say they reserve the right to add to sanctions going forward, but it is really unclear about what next. It just seems to be we are going to stick with the sanctions, we are going to keep going the way we are going until qatar gives in. And there is talk that they will be meeting in bahrain. Do we know when they are going to meet . We dont. They did not say. They just said the next meeting will be in bahrain. We dont know when that is or what will trigger a meeting, if they are waiting for another response from qatar, if there is more mediation going on. We dont really know. What they did say is they did call on the International Community to step in to
Coach you. Call me at 1800743cnbc. You can blame the democrats for their inability to offer any cuts for spending. You can blame the republicans for not even wanting to consider tax increases. But dont you dear blame ben bernanke for not being willing to take bold action to get this economy hiring and moving again even if his statements about economic weakness ultimately caused the averages to stumble from some pretty lofty levels. Dow only declining ability 3 points s p inching up 4. 4 . Close in positive territory. Nasdaq giving up 2. 8 . When you look at what ben bernanke did ntoday the republicans themselves refuse to get specific on spending until they see something from the white house. The elected portion of our government is not helping this economy at all. Their failure to rise above politics to reach a compromise is now really starting to hurt u. S. Economy. In this vacuum, the fed has decided to keep rates low. They stepped in saying listen, business. We are not going to get
You can blame the democrats for their inability to offer any cuts to spending. You can blame the republicans for not wanting to even consider tax increases. But dont you dare blame ben bernanke for not being willing to take bold action to get this economy hiring and moving again even if his statements about economic weakness ultimately cause the averages to stumble from some pretty lofty levels. Dow ultimately declining ability 3 points, s p inching up 4. 4 . Closing in positive territory. Nasdaq giving up. 28 . When you look at what ben when you look at what ben bernanke did today youve got to marvel. The republicans themselves refuse to get specific on spending until they see something from the white house. The elected portion of our government is not helping this economy at all. Their failure to rise above politics to reach a compromise is now really starting to hurt the u. S. Economy. In this vacuum, the fed has decided to keep rates low. They stepped in saying listen, business, we