This special history in the history of the world. Rose separated by oceans. Obama doesnt believe that. He believes that our exceptionalism resides in two things. First, the unbelievable gift of becoming the essentially the brain child of a group of enlightenment era philosophers who developed a constitution. Number one. And number two, that we are a country that has advanced largely due to social movements of great importance. Rose and we continue with Sebastian Mallaby who has written about Alan Greenspan in a much praised book called the man who knew, the life and times of Alan Greenspan. Green span was extremely persuasive and comfortable in oneonone situations. But he was also shy and difficult i dent in group, he didnt like confrontation, he was frightened going directly to people with disagreement. We go around their backs. We leak to the press, be passive aggressive am but to prik a bubble, you had to be able to take on the entire Public Opinion am you had to say your 401 k is w
Dan what is next is that we have reported that mr. Renzi, according to one italian news agency, has already met with the italian president. He has to formally submit his resignation and then resolve this political crisis, turning it over to the italian president , who will hold probably two days of Political Consultations with the leaders partiess political before deciding on a mandate government for the country. David a lot of focus was on the italian banks and what this would mean for the italian banks. Do we have any sense of the answer to that question . There aretle bit, but still a lot of Unanswered Questions so far. , the worlds oldest bank is in the midst of a 5 billion euro Capital Raising plan. It has started the first leg of that. The board is probably meeting today. They are likely to put out a statement to find out what happens next. Are they going to proceed with this plan or perhaps postpone it, given that while markets are not as volatile as people expected today, who k
In the might be team take a look at what happened overnight in asia. Right now, asia closed up just slightly. The shanghai comp was down slightly. The hang sang up. 30 . Europe in the the early trading right now. See red arrows across the board. These are declines. Pretty mad rat. Basically a quarter percentage point decline across the board. If you check out crude oil prices big thing to watch yesterday. Crude oil up jed yesterday. Biggest jump in five months. After we saw that confirmation of the drawdown that had been suggested the night before, you see right now wti giving back a little gain. Decline of. 51. Breaking news out of north korea overnight that could be ralting markets this morning. The country claiming to have successfully tested a Nuclear War Head in what may have been most powerful detonation ever. South korean said it was the fifth test and had the impact of a ten killton explosion. President obama was briefed on that test aboard air force one. He said any provocativ
Be largely about reversing that trend. Not surprising, it makes them more controversy all and not less. Surprisingly, you might see people squawking more about Wind Turbines because it blocks their view than you would hear about them squawking about a huge coal plant because you dont actually see that because it is out in the pucker brush and you dont actually see the emissions that gives children asthma or the acid rain that goes downwind. So i think if people think about infrastructure and when we can see it and when we dont so i think people think about infrastructure and when we can see it and when we dont. And number five was another thing that surprised me, and it became clear to me when writing this piece is that we are going to rebuild our entire electrical grid one wind turbine and solar panel at a time. We are not going back to the 19th century where everyone has their own windmill and every factory had its own mill dam. The great thing about these communities is that they ar
You see, i think its time that we wake up because that mantle is slipping away. I will tell you, sometimes it is absolutely despairing to serve here in washington, d. C. But i will also play at the same time we are told as believers very clearly, we are not to despair. We are to look up, whether we feel it or not, we look out. Whether we want to or not, we look up. Whether it doesnt seem like it on the evening news, we look out. And thats my charge to you today. We do not curse the darkness. We light a candle. Thats what believers due. [applause] and while its true that im leaving congress, i want you to know i am not leaving the fight [applause] because there is too much at stake to sit on the sidelines. None of us can sit it out. And so what im asking you today is to have your voice be heard. We are 39 days away from having our voice be heard. Our leaders need to hear from you. Thats why its more important than ever that conservatives take control of the senate away from harry reid i