How dangerous it was. We regard that ussr is just about ready to fall over whoever bluebonnet first and yet we forget just how dangerous it was. One of the superpowers on to the peace and capable of taking a number of options other than the reform program. And the cold war cold war resting resting dress and it nearly became a global hot war 1962 when the cuban missile crisis. It could have happened again in 1983. It couldve been a military exercise that was misread as the cover for the potential American Nuclear assault on moscow. There was mutual fear and to some extent misunderstanding on both sides. A very fragile atmosphere had risen. They were seen as more or less across the whole range of this the political elite. The possibility of the meeting to the international complication and catastrophe only need to be spelled out. And on the other side, gorbachev Reforms Program was very unclear in many of its essentials. It changed from the index of the union. It wasnt a reform program.
Eastern time. And in europe some markets have already closed early. The nikkei did hit 15,000 briefly for the first time in six years. Our road map begins with Holiday Cheer for the market. It might sound like a broken record but once again stocks set to open at fresh highs. Today is another important day for retail. Some stores are staying open for as much as 100 hours straight to try to take advantage of the late rush. But with new data showing a drop in sales, will those extra hours be enough to boost holiday totals . And what was the most important story for your money . Its not over yet but weve got that answer for you. And were joined by Dennis Berman, Business Editor and columnist at the wall street journal. The bulls are in a pretty jolly move this Christmas Eve, nasdaq closing at its highest level in more than 13 years, all three major averages posting their strongest fourday winning streaks in over two months. For more on this record market rally, lets bring in paul hickey, c
Here we are with a loggerhead moment in these situations repeat themselves through time and there is a quote from a minister of france that said 01 on not to be obstinate. Of less you ought to be then you ought to be an unshakable. That is a good phrase for the moment we are in right now. With the president that he ought to be obstinate should be unshakable. By collecting quotes and i probably will the rest of my life. Whether a window into a moment of history but a well phrased thought with the emotional residents. A good taken to have on hand. Donald barlett, when did you and james steele start working together . Guest 1971. Host how did you met host when did you start working together . Guest 1971. From the Philadelphia Inquirer. T we would write on theay. Same same day. Almost n knew each other and had day this would happen. Very often that does not work in journalism. Sometimes they dont like to work together, but we tried to experiment. So far so good, as they say. Host why did i
Donald barlett, when did you and james steele start working together . Guest 1971. Host how did you meet . The newsroom of the Philadelphia Inquirer. It was interesting. We were both hired. Guest we actually arrived on the same day. Guest same day. We never knew each other and had almost no contact area are firstyear. Host who teamed you up . Guest someone at the paper, the paper and recently changed ownership, and he was very interested in projects, investigative projects, enterprise journalism, and he thought that the two of us who were newcomers might be able to work together. Somehow or another ordains that this would happen. Very often that does not work in journalism. Sometimes they dont like to work together, but we tried to experiment. So far so good, as they say. Host why did it work for so long . Guest we think it worked because a similarity of work ethics. We both love to research and report. In effect, we both say that means we are of sound mind. Nighter it means we like to
Interested in projects, and investigative projects, enterprise journalism and he thought the two of us were newcomers, might be able to work together. Very often that doesnt work and people dont like to work together. We tried an experiment and so far so good. Hey say. Host why did it work for so long . Guest we think it worked because a similarity of work ethics. We both love to research and report. We love to research and report and we were of sound mind and it makes for a sound mind that is hard for all of us but it was similar work habits, we believed down deep in fairness, government, private interest, not always treat the average person fairly and we sort of realize that early on in the partnership and one way or another, writing about that ever since. Host Donald Bartlett was your first project for the Philadelphia Inquirer . Federal housing administration, and it was a fascinating project that dragged on for two years. Guest they thought they were going to put together for thre