Students are getting the education they deserve. This is a large problem. Nearly a nearly 100 schools in detroit Public Schools, 60 Charter Schools in and around the city, 18 Educational Achievement schools, several adjacent charter and school districts, yet parents cannot find the quality education they seek. One of the issues is detroit Public Schools are in debt. By this summer it will be over 515 million in debt. To achieve the needed academic outcomes Financial Stability and detroit Public Schools must be achieved. Going1100 per student is to debt service, and not to classrooms. Problem lets solve this problem and help the kids. Prompt legislative action is needed to minimize the fiscal impact on both detroit, and the rest of michigan. The time to act is now. And avoid Court Intervention that could cost all this much more and be more detrimental. I want to thank senator hanson for the legislation and the input of many legislators that they provided over the last several months. I
Also, i am looking for tour conversation about our primaries and what they all mean to us because in a few weeks well be in the midst of it all. One one of the real questions i think is whether it will be a rare instance where this is a form policy election or an election that is driven in a large part by Foreign Policy rather than domestic issues. We have a number of experts with us today. Opens, charlie cook editor and publisher of the cook report, a colleague of mine, sam feist was senior vp of cnn who can entertain us with stories about organizing debates. , jim lindsay who is chair of the council. His long time partner. Well have an initial period where i lead a conversation but we will have ample time for you to ask your questions and make comments. I will get you out of here at 930 a. M. , as promised. I would remind you this is on the record, well simulcast of my casting this. This is not a typical cf our event where it is on what we call house rules. Let me start off by asking
Manifest. And it was called soap operas because Soap Companies sponsored the shows. So thats how the soap opera title came about. Yeah. Durham, he also wrote for the chicago defender. Thats an interesting story, particularly his firing and how they had i dont know if they were the first also, when you talked about the black Insurance Company that couldnt get it couldnt get funding to there was a show that he did, and the script basically was about this Insurance Company in, i believe it was in philadelphia. Im not sure. But the bottom line was, when this gentleman went to get money to refinance the building this was during the depression they assessed the building that this Insurance Company was in. And this was one of the Major Insurance Companies for africanamericans at the time. And he thought he could get maybe a 50,000 loan to tide him over through the depression. And they assessed the building for like 5,000. 5,000. And it was like okay, never mind. Ill figure out something else.
Help them to see your glorious image in humanity and search for opportunities to empower those on lifes margins. Lord, inspire them to trust the unfolding of your loving providence, so that they will not become weary in doing what is right. May they live with such integrity that your purposes will be accomplished on earth, remind us all that it is in giving that we receive. And through dying to self we are born to eternal life. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Mcconnell madam president . The presiding officer the republican leader is recognized. Mr. Mcconnell there are a lot of reasons to like the broad Bipartisan Energy bill which is before us. Youll like it if youre an american interested in producing more energy. Youl
That stock soaring today after meeting expectations on earnings. This company now has a higher multiple, higher market capitalization than wall administrator. Probably higher multiple, too. Yeah. Im sure it does, as a matter of fact. But is it justified . Well talk about that coming up, as well. Heres the markets right now. Final hour of trade on this mid ferm tuesday and the dow slightly higher after spending the morning in the red. Higher by 22 points or so. The s p though is negative off by about 5 and the nasdaq off by about 14 and talking about whats off today, bill, may have something to do with the midterms and a question to explore. The price of oil as you mentioned. Fouryear low for wti which well get to here and the closing bell exchange. Mark spellman joining us here at the new york stock exchange. Amy wu is with us. John manly. Kenny pulcari and our own rick santelli. Why isnt the low on oil putting more downward pressure on the stock market hand it has . Im on the opposite